For the first time, Fortune magazine used Li Lin as the cover character, which opened the door for countless American investors to know Li Lin for the first time.

"Four years ago, Li Lin was just an ordinary poor boy with a dream of music."

"He walked around speakeasies and hotels, singing songs diligently, and originality at that time was just an addition to attracting customers."

"However, a variety show called "The Voice of China" changed him, and he became crazy with his amazing performance in "The Voice of China".

"In the music world, he is called a musical genius; In the hearts of fans, he is their favorite idol. ”

"If that's all there is, we might say that the next Akon would be the next Elvis at best. Well, Elvis Presley of China. ”

"However, just when everyone thought he would sing in peace, he ate his own record company in one fell swoop and became a singer with his own record company."

Subsequently, he went out of control and founded Entertainment Paradise, a website that monopolized the video-on-demand business in Huaxia, and then started with Blizzard's "World of Warcraft", and developed a game company on the verge of bankruptcy into a super-large game company with annual sales of more than one billion US dollars.

It is worth mentioning that when everyone was not looking at Apple stocks, Li Lin used the 'group' as collateral to borrow billions of dollars from Wells Fargo, ate a large number of Apple shares, and became Apple's largest shareholder in one fell swoop."

Subsequently, the iPhone went on the market. Apple's stock soared, and his risky move earned him huge profits and doubled his net worth. ”

"Now. As soon as his gold medal group went public, it immediately exceeded 135 per share, and the group's market value also exceeded 150 billion Chinese dollars, equivalent to 18.7 billion US dollars. ”

"We believe that in the future, it will have a higher market capitalization."

At this time, the dollar exchange rate is still 1:8. But with the frequent visits of the White House to China, everyone believes that the renminbi is about to appreciate.

Once the exchange rate of the renminbi appreciates against the US dollar, then the market value of the gold group will increase again.

"It's a miracle. A miracle that took four years to create zào, in the future, we will wait and see how far this miracle can go. ”

As soon as this report came out. Immediately sensational in the United States. Many appraisers stared at the market capitalization of Gold Group with wide eyes in disbelief and shouted 'impossible'.

The market value of the gold medal group is not a secret in the circle of American appraisers, many people are appraised 4 billion to 6 billion US dollars, the reason is very simple, in the United States, entertainment companies belong to the sunset industry, they do not think that the gold medal group, which is related to entertainment, can be pursued by many people.

Even in their hearts, if the gold medal group comes to the United States to go public. They estimate that a market capitalization of $8 billion is already skyrocketing.

But now, the gold medal group is slapping its face with its own results.

A market capitalization of up to $18.7 billion. Bruised all the appraisers' faces swollen.

Actually, this is quite normal.

This is because the national conditions of China and the United States are different.

In the United States, the entertainment industry belongs to the sunset industry, yes, many people don't love movies very much, but in China, the entertainment industry is still a sunrise industry and is on the rise.

Take Li Lin's Huayi Brothers in his previous life as an example.

The market value of Huayi Brothers exceeded 40 billion yuan, while the American 'DreamWorks', which belongs to the same film industry as Huayi Brothers, was converted to only 11.9 billion yuan, which is three times that of the American 'DreamWorks' and twice that of Universal Pictures.

But in terms of the box office of movie works, whether it is DreamWorks or Universal Movies, they all blow up Huayi Brothers.

This can only be said that the market is so.

The big market environment is good, any company can easily go public to make money, the big market is not good, unless it is a result against the sky, it is difficult for people to buy it.

Just like before the Internet stock market crash, any Internet company can easily make money as long as it is listed, even if it is an Internet company that is constantly losing money, it can easily have a market value of tens of billions, but with the outbreak of the Internet stock market crash, even Internet companies that are profitable and have a great future will be struggling.

One of the crucial reasons why Li Lin chose to list in China instead of in the United States is crucial.

"The market capitalization is too high."

Just when the Internet and reality were touting the listing results of the gold medal group, and everyone looked forward to the glorious future of the entertainment industry, some sporadic voices came out.

"It's not scientific that the gold medal group has a higher market value than the American film giants, and it is so much higher."

"The American entertainment industry is a sunset industry, and when it comes to China, it will become a sunrise industry, and it will be too good at touting!"

"Wall Street analysts warn: please be wary of the market value bubble of the Chinese entertainment industry."

As soon as these voices came out, they were drowned out in a round of applause.

No one cares if it's a bubble or not, what they care about is whether the market value of the Gold Medal Group can continue to rise, and whether they can make profits in it.

They don't even care about the group's earnings and sales, and for them, the financial statements are just a reference.

Therefore, everyone who buys the gold medal group is touting the gold medal group, touting the gold medal group as the first share of Huaxia Entertainment, and thinking that the gold medal group will monopolize the entire Huaxia entertainment industry.

Under the touting of these people, the share price of Gold Group has been pushed up, although it has not risen as crazy as it has just been listed, but on the whole, it is stable and rising.

And Li Lin also took advantage of this opportunity to cash out the stocks in his hands on a small scale.

He knew very well that once he sold stocks on a large scale, it was easy to give the market the impression that something was wrong with the group, and then the stocks fell sharply, so he first traded them to overseas accounts through guò covert transactions, and then the overseas accounts sold these shares.

It stands to reason that his behavior at this time has broken the rules, but no one cares.

The China Securities Regulatory Bureau, which drank blood hard in the process of listing the Gold Medal Group, turned a blind eye to Li Lin's behavior, and even if they noticed that there was an abnormality in the stock trading of the Gold Medal Group, they had no intention of investigating it, and allowed Li Lin to manipulate it.

Actually, this is quite normal.

If the China Securities Regulatory Bureau is in charge of everything, there will not be so many things in the Huaxia stock market, you know, in foreign countries, this kind of banking behavior is not visible, because once caught by the Securities Regulatory Bureau, it will be immediately fined a huge amount, but in Huaxia it is different.

The China Securities Regulatory Bureau doesn't care about these at all, as long as your bank is not disclosed by the newspaper, or even if it is disclosed, it will only impose some drizzle fines, and the stock market in China is not much looser than the stock market in foreign countries.

It is precisely because of this market that many foreign hot money has repeatedly hit a wall after entering the Chinese stock market.

The reason is very simple, they are optimistic about a certain stock, and boast a lot of the price of the stock in the market, but the banker can easily make a few scandals come out, even if the scandal is fake, it can easily make the stock price plummet, and the same reason will also appear on the price increase.

No matter how embarrassing the company's finances behind this stock are, you only need to release a few messages to easily pull up the stock price, in this circle, capital and analytical ability are not the most important, what really matters is your right in Huaxia Ear.

It's Game of Thrones.

In foreign countries, although there is money and analysis, although they will conduct a comprehensive evaluation of the performance and future of stocks, they lack money, so except for Goldman Sachs Group, other hot money has almost disappeared after coming to China.

That's why Goldman Sachs says that it knows China best.

In cooperation with Peking University, from the very beginning, they have taken the upper route, taken the elite route, played with rights, and obtained money through rights, which is a characteristic of China.

Goldman Sachs understands the features, so they succeeded.

They carefully struck a balance between power and money, not to anger the Chinese government, but also to obtain large amounts of money.

Although he needs a large amount of cash funds for future acquisitions, it does not mean that he allows others to take away his shares, 51% of the shares are already the bottom line, and if others have the heart, they can seize his control of the gold medal group by various means.

However, although he reduced his stake to 51%, the rest of the shares were not immediately cashed out, but wandered in overseas accounts, according to Qi Xiangdong's estimates, it will take about three months to completely sell this part of the shares, of course, it is a sell-off that does not attract the attention of the market.

"Three months is enough."

Li Lin calculated in his heart: in another half a year, the subprime mortgage crisis will begin to emerge, and then, out of control, swept the world, and finally triggered an economic crisis, hit the global market hard, so that every company's life is not easy, at that time, the gold medal group that has obtained the winter grain will greatly seize the market.

He still remembers that in the subprime mortgage crisis, because the major banks tightened the relationship between the banks, no company was willing to invest in big productions, and even "Harry Potter" stopped for a year, this is the weakest year for Hollywood, if the market wants to surpass Hollywood, then at this time on the field of various big productions, attack cities and seize land around the world, and finally seize the market is the best opportunity.

Unfortunately, no one took the chance.

China can't do it, Japan can't do it, and South Korea can't do it, so everyone can only watch as the impact of the subprime mortgage crisis gradually passes, Hollywood gradually recovers from weakness and continues to become the hegemon of the global market, attacking cities and territories all over the world.

In particular, the blowout of the Chinese market has made Hollywood completely bet its attention on it, and the six Hollywood giants have joined forces to invade the Chinese entertainment circle, pry open the door of the Chinese market step by step, and completely open this market. (To be continued......)