After my divorce, I started to have good luck

Chapter 254: To Run or Not to Run



Tao Yaoyang hasn't been in a good mood these past few days.

Firstly, several companies he invested in are facing losses, among them Star Media has been losing money since last year, and its performance is declining.

So, this year, Star Media planned to launch a big project to turn a profit. They first bought the adaptation rights to a very popular online novel TV drama, then invested 80 million to set up a production team, inviting a top-tier popular celebrity as the male lead, and also hired a very talented young actress to act alongside him. Such a strong combination with a great chemistry is bound to become a hit drama once it airs.

After three months of hard filming, this drama which Star Media had high hopes for finally wrapped up. Immediately followed by intensive post-production.

Just when Star Media was about to finish the production, the top celebrity male lead suddenly got involved in a scandal, being accused of participating in a group activity and allegedly using drugs. The public was in an uproar.

Despite the top celebrity's strong denial, sending lawyer's letters, clarifications, and police reports, it seemed like he was heading for a downfall.

Consequently, Star Media's 80 million investment may go down the drain, with no clear release date in sight. Of course, with today's film technology, using techniques like face replacements could allow the drama to be re-released.

Alternatively, they could simply find a new male lead and reshoot the male lead's scenes.

However, one option would definitely require additional investment, and the face replacement technology isn't yet flawless; it would definitely affect the audience's viewing experience and might turn it into a flop.

Especially if they add funds for face replacement or reshoot the male lead scenes, what if they can't even recoup the costs, or lose even more money?

This clearly left the current leadership of Star Media, including him as a major shareholder, with a headache.

Ultimately, they came up with a half-baked plan, which was to temporarily shelve the drama and wait for the final outcome concerning the top celebrity. But for the sake of Star Media's market value and shareholder interests, they must promptly initiate a new project.

This was the plan Tao Yaoyang had previously discussed with Chen Feng, buying the adaptation rights to another popular online novel TV drama, and pulling in multiple investors to participate. Not foolishly investing the entire 80 million themselves like last time, because the risk was far too high.

Of course, at the time, they thought the 80 million investment was a surefire win, so they invested fully, and now, it looks like they're about to lose big.

Star Media's issues aren't even what frustrates Tao Yaoyang the most. What frustrates him the most is Shenghua Fund, where he serves as the executive director, which has suddenly been investigated by regulatory authorities these days.

Unlike before, this time it seems the regulators have substantial evidence, and if it's proven, regardless of whether he, as Hengsen Fund's director, faces legal troubles, the economic loss alone could be in the billions.

Considering such an occurrence, anyone would realize how he feels.

Additionally, several other companies he holds shares in have also suffered losses more or less, for instance, two of which are hotpot chain franchises experiencing continuous losses for several months from the start of the year, and now they've straightforwardly ceased operation.

In general, Tao Yaoyang feels his luck has taken a turn for the worse recently.

Due to such losses, Tao Yaoyang had previously sold the high-quality No. 8 Villa property to Chen Feng because he needed to mobilize some capital to fill the gaps of these failing businesses.

Especially as he recently set his eyes on an emerging network company in China. This company has only been established for three years, but now its market valuation has reached upwards of one billion dollars and is planning to go public on Nasdaq. It's predictable that once this company successfully IPOs, its stock price and market capitalization will definitely skyrocket.

Hence, more than a month ago, he actively sought to join this capital feast, finding ways to obtain the original shares of this company.

For this, he spent a lot of favors and money, finally getting a spot, but there's still a funding shortfall.

After borrowing some funds through connections, the gap is still considerable. Not wanting to sell more real estate, he pondered long before thinking of Chen Feng, the "Stock God," hoping to secretly follow and make a wave of stock purchases, and earn a windfall.

Like that, he could fill his funding gap, and even have a significant surplus.

As for the risk of being discovered by Chen Feng, he temporarily put that aside. After all, money moves the heart, and he believed he wasn't infringing on Chen Feng's interests; he just wanted to get a piece of the action, that's all.

Moreover, he vowed to keep this matter confidential, including not being foolish enough to let Zhuo Libin spill the beans.

However, he never dreamed that on the day he decided to follow Chen Feng for a piece of the pie, Chen Feng started selling stocks. And just after selling, the stock price dropped significantly.

When Zhuo Libin called him, he had just gotten out of the car, about to head to his villa, then he heard this bad news, stumbled absent-mindedly on the steps in front of the villa, fell heavily, the phone flew out, the screen shattered, and blood dripped from his forehead and lips, his front teeth loosened.

It was undoubtedly a jinxed day for him!

However, at this moment, he couldn't care less about his facial injuries. He immediately picked up the phone with its broken screen from the ground. Fortunately, apart from the broken screen, other functions were still working. He quickly logged into Shenghua Securities to check the stock information, and soon after, he stood there stunned, then angrily smashed the phone to smithereens on the ground.

In just the brief time from leaving the securities office to getting home, in less than half an hour, the stock he valued most dropped by thirty cents, and it was clear that several large investors were selling this stock, meaning it was certain to hit the limit down today.

And he had invested nearly 20 million in this stock, with the current stock price, just like that, he had lost quite a bit, and when it hits the limit down, he will lose 10%, equivalent to losing at least 2 million today.

One could say, this is really shitty luck!

Tao Yaoyang really wanted to run and ask Chen Feng face-to-face: Why couldn't you have sold earlier or later? Right when I just bought, you sold. Are you playing me?

But his remaining rationality told him, this isn't intentional by Chen Feng, as Chen Feng had no idea he was following the buy.

Moreover, he knew Chen Feng's background was unfathomable, and if he truly went to confront him like that, he certainly wouldn't get anything good out of it.

So, this loss he could only swallow in silence.

Tao Yaoyang forced himself to calm down, gestured to dismiss the housekeeper who hurried over after hearing the commotion, picked up the phone he had smashed into pieces, and quickly went to the study, where he took out a brand new backup phone from a drawer, inserted the SIM card, and powered it up.

He immediately called Zhuo Libin, asking, "What the heck is going on? Why did Chen Feng suddenly sell this stock?"


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