After the release of "The Brave Chef", "Police Academy 3" was officially launched.

This movie has already been released in two parts, both of which did well at the box office. The story of the third part is still funny, and coupled with the reputation of the first two parts, "Police Academy 3" still has a good box office.

An investment of less than 10 million U.S. dollars resulted in a box office of more than 40 million U.S. dollars. Xiang Nan was very satisfied with this result, so "Police Academy 4" was immediately arranged.

This makes the leading actor Steve Gartenberg very helpless.

His salary for starring in the "Police Academy" series was not high. Because he was still a second-tier artist at the time, his salary was only US$150,000.

Xiang Nan signed him for seven films in one go, and each additional film would increase his salary by 30%. At that time, Steve did not expect that "Police Academy" would be a hit, so he signed the contract.

As a result, when he filmed the second film, his salary was less than 200,000 US dollars. But if he took on the film outside, his salary would have increased to one million US dollars.

This is also the reason why after "Police Academy 1" became a hit, he was busy taking roles outside instead of continuing to film "Police Academy 2".

But before, because the movie he starred in failed at the box office and he was in desperate need of "Police Academy 2" to make a comeback, he signed a schedule priority with Xiang Nan.

Therefore, even if he doesn't want to make "Police Academy 4" with a salary of less than 400,000 US dollars, it is simply impossible. At that time, if the defendant goes to court and the judge awards him compensation for damages, he will be bankrupt.

Therefore, Steve Gartenberg had no choice but to continue to help Xiang Nan make films at low prices.

…

After "Police Academy 3" was released, it was immediately followed by "Crocodile Dundee 2" produced in Australia.

Its previous game sold more than 300 million US dollars worldwide. This sequel is still invested by Xiang Nan.

Because when he invested in "Crocodile Dundee", he had already signed an agreement and bought the copyright.

After "Crocodile Dundee 2" was released, although the box office was not as popular as the first film, it still had a box office of 110 million US dollars in North America and a final global box office of 240 million US dollars.

But its production cost was less than 20 million US dollars, and the revenue was also more than ten times higher. It made the outside world drool with envy.

However, Xiang Nan didn't care too much about it because Black Monday was coming soon.

The so-called Black Monday refers to the sharp decline in the U.S. stock market after the market opened on Monday, October 19. The Dow Jones Index fell as much as 22% in a single day, losing $500 billion in assets, accounting for

to one-eighth of U.S. gross domestic product.

If calculated based on the mainland stock market, it is equivalent to a loss of 700 points for the A-share market, a loss of 13 trillion yuan. Such figures are simply appalling.

For this reason, after the stock market crash broke out, many millionaires became beggars overnight. Many companies' stock prices died within one day... The market was wailing.

This is a good time for Xiang Nan to make a fortune.

If the operation is done well, he can gain huge profits in the billions. On the contrary, if the operation is not done well, his losses will reach billions of dollars, so he has to be careful.

…

Xiang Nan knew that the stock market crash would happen, so he sold his shares early and one after another.

Because he started selling months in advance, when the stock market was booming, and because he was selling in small amounts, it did not cause panic in the market.

In fact, even if all of his billion-dollar stocks were sold instantly, it might not have much impact. After all, the total market value of the U.S. stock market exceeds five trillion U.S. dollars, and a sell-off of more than one billion U.S. dollars is not a big deal. .

It's just that Xiang Nan is used to being cautious and doesn't want to attract the attention of the industry.

In the week before October 19, there was constant bad news for the U.S. stock market.

The U.S. Treasury Secretary announced that the U.S. dollar may take the initiative to depreciate; merger tax incentives for listed companies have been cancelled; rumors of the Iran-Iraq war have escalated again; the trade deficit increased in August; fund interest rates increased from March to September...

Each piece of bad news is eroding the confidence of capital.

Therefore, on Sunday, October 16th, the U.S. stock market had already fallen slightly, further impacting capital confidence.

When the market opened on Monday, the Dow Jones Industrial Average fell 67 points. This seemed to be a retreat, and for a while, there was constant news of selling.

The entire trading floor was full of people selling, but not a single person was buying. As a result, the stock market began to plummet. By the end of the afternoon, the index fell by 22%, the largest drop since 1941.

The stock prices of most companies have plummeted. For example, General Electric fell by 33%, Coca-Cola fell by 36%, Boeing fell by 29%, Microsoft fell by 40%...

The losses were as great as the stock market crash of 1929.

This frightened the market and made them wonder if the 1929 stock market crash was coming again?!

…

Xiang Nan, on the other hand, was grinning from ear to ear.

He had previously sold stocks at high prices to avoid losses caused by the plummeting stock prices, and then took advantage of the stock market crash to increase leverage and go short. Two billion US dollars of capital and leverage, which was magnified to 10 billion US dollars for shorting, was quite powerful.

Therefore, in this day alone, Xiang Nan earned three billion U.S. dollars, and he finally had the funds to buy Universal Pictures.

However, Xiang Nan closed the door when the situation was good, and did not continue to short the next day. Instead, he chose to buy at the bottom while the stock price was at a low.

Because he knows that the stock market crash on October 19th is just a one-time event. After that, the U.S. government and listed companies will actively carry out rescue operations.

On the 20th, the Dow Jones Index rose by more than 100 points. On the 21st, the Dow Jones Index rose by more than 180 points. By the 28th, the U.S. stock market had stabilized.

On the one hand, this is due to the government's timely rescue of the market, which is a successful strategy; on the other hand, major companies have also chosen to buy back stocks. These two major measures have stabilized investor confidence, and the stock market has no longer been turbulent.

From this stock market crash, Xiang Nan directly benefited US$2.5 billion, and the indirect benefits will be immeasurable. Because the stocks he acquired at the bottom will have substantial growth in the future.

So for him, good times are still ahead.

…

During this period, the relationship between Xiang Nan and Sophie Marceau also became closer and closer.

As she spent more and more time with Xiang Nan, Sophie became more and more admired for Xiang Nan's talent.

Xiang Nan can play the piano, the violin, draw Chinese paintings, draw Western paintings, cook, and do medicine... Just tell it casually, and it's a fascinating story.

Such talent naturally fascinates her more and more.

"What do you think of this "Edward Scissorhands" story? Is there anything that needs to be modified?" Xiang Nan asked with a smile.
Chapter completed!