Chapter 380: His Times
In 85 years, under the influence of Zhang Shaojie, Hong Kong has become more and more revealing as the center of Asian culture.
Compared with the past when only movies swept Asia, Hong Kong is now truly thriving, with comics, games, music and film industries forming the five golden flowers of the cultural industry.
Of course, the development of Hong Kong's financial industry has also injected a lot of vitality into the cultural industry.
In order to accelerate the development of Hong Kong's cultural industry, Zhang Shaojie began to implement the plan of listing and financing in a certain order of Longteng's company.
In the first half of 85, the "Datang 2" movie was released and received a global box office of 290 million US dollars, Baolong Film Company, taking advantage of the favorable period of major performance, announced its listing plan.
In the plan, the original shares of Baolong Film will be split into 75 million shares.
In addition to these initial shares, the company issued an additional 25 million new shares. The total share capital of Baolong Film Company reached 100 million shares!
Baolong Film's new share issuance was mainly underwritten by Sun Hung Kai Financial Company with 20 million shares, and the remaining 5 million new shares were issued before international investment banks such as Goldman Sachs and Morgan Stanley received shares.
In the end, with the participation of many funds and investors, the issue price of the new shares has reached HK$158 per share. Moreover, it was snapped up by many investment funds.
The initial issuance of new shares enabled Baolong Film Company to raise HK$3.95 billion, and in addition to the issuance costs, it also received more than HK$3.8 billion in cash. With this money, not only did the special effects studio of Baolong Film Company surpass Industrial Light and Magic, becoming the first-class and on May 30, the day of listing, the share price of Baolong Film soared, quickly breaking through the 100 yuan mark, and at the time of closing, the closing price of Baolong Film reached 182.5 Hong Kong dollars per share, becoming a superstar stock in Hong Kong's market value in 85 years. Tsui Hark, Richard and others, who became shareholders back then, have become huge riches with a net worth of more than 100 million. Lin Qingxia and Cheng Xiaodong, who have fewer shares, as well as other directors, stars, and management of the company, have a net worth of tens of millions, and hundreds of thousands.
Due to the sky-high price and high valuation, most of the company's small shareholders have sold and cashed out. At one point, the stock price was suppressed to HK$120 per share.
However, because Baolong Film Company is too popular with Hong Kong's fund industry, in early June, the stock price rose instead of falling, breaking through HK$200 a share again.
And such a sky-high price, even Gu Long and Zhang Shaojie couldn't stand the temptation and sold in the market, and Zhang Shaojie also sold 15 million shares to cash out 3 billion Hong Kong dollars. This reduced Zhang Shaojie's share of Baolong Film Company to 17.5 million shares, holding only 17.5% of the shares, although the status of the two shareholders continued to be maintained, but with Gulong 43 million shares, the holding ratio of 43%, it seems to widen the gap.
When Gu Long saw Zhang Shaojie, he joked with him: "You are just like a venture capitalist on Wall Street, who successfully sent the company to the public and then sold it and cashed out?" ”
Zhang Shaojie said with a smile: "Baolong's valuation is too high, and the current market value has reached 20 billion Hong Kong dollars. It has surpassed large enterprises such as Cheung Kong and Sun Hung Kai Properties. Wait until it falls, such as 50 Hong Kong dollars per share, which is a reasonable repurchase price! ”
"Cashing out such a large amount of money, what are you going to use it for, don't say that you are ready to waste it." Gu Long said curiously.
Zhang Shaojie said quietly: "Prepare to make a fortune!" ”
"Say?" Gu Long was stunned.
Zhang Shaojie began to leak the heavenly secrets, telling about the financial ministers of many European and American countries this year, and jointly pressured the appreciation of the yuan. And the appreciation of the currency is extremely bad for exports.
However, the real estate, financial and other markets in the territory of the country will enter a deformed bull market because of the sharp appreciation of the yuan.
This bull market did not arise because of the increase in the economic strength of the capital, but only because of the continuous increase in the currency circulating in the market.
In order to make a lot of money in the capital, Zhang Shaojie is ready to raise 5 billion Hong Kong dollars in the name of the Shaojie Fund, lay out the capital, go long in the capital, and make the stock market.
In addition, after 85 years, the banking industry was once extremely impetuous, and in order to lend bank deposits, the mantra of bank managers became: "Without any guarantee, your credibility and the prestige you have in the community are the best guarantees!" ”
In this case, many people in the whole capital went crazy, regardless of their actual earning ability, and borrowed a large amount of capital from the bank to invest in finance and real estate.
And after the bubble burst in the 90s, the stock market crashed due to the real estate crash, and these loans became rotten debts. The economic losses caused by the entire country are incalculable.
Zhang Shaojie is also ready to use his own credit as a guarantee to use a sum of money from the bank for speculation in real estate and the stock market
"Is this reliable?" Gu Long was skeptical.
"Believe it or not, if you want to get rich, you should also participate in it!" Zhang Shaojie said.
In fact, Zhang Shaojie is ready to speculate, and there are many people who want to participate in the shares.
Not only Ma Rongcheng, Gu Long, Anita Mui, Lin Qingxia, Teresa Teng and others, but even some Hong Kong chaebols, I heard that the Shaojie Fund is preparing to open up a new "battlefield" in Yueben, and they are also ready to participate in a share.
Therefore, Zhang Shaojie simply set up the "Shaojie Fund" as a closed-end fund, open and publish the investment statement at the end of each year, and open the whole line of redemption and purchase within a week of the announcement of the annual report.
The entire "Shaojie Fund" issued a fund-raising scale of 150 Hong Kong dollars for the first time, of which 5 billion belonged to Zhang Shaojie's own assets, and the remaining 10 billion came from all walks of life and different investors.
The management rights of Shaojie Fund are naturally owned by Zhang Shaojie, who manages money on behalf of these people, regardless of profit or loss every year. 1% of the total amount of the fund is charged as a "management fee"!
Although such an expensive management fee is very high in the fund industry, considering the prestige of Shaojie Fund in recent years, many investors have huge expectations for the return rate of Shaojie Fund.
In 1985, a Shaojie fund from Hong Kong, with a capital of 15 billion Hong Kong dollars, has been in the financial market for five years with a fierce, sharp and keen investment style.
After the 90s, this fund returned to Hong Kong with a huge profit of more than 500 billion Hong Kong dollars.
And with the record of Shaojie Fund, Zhang Shaojie's reputation in Hong Kong is even more unparalleled. Under the leadership of Zhang Shaojie, Hong Kong's various capital giants are also keen to invest in the cultural and technological industries.
After the handover in 97, the total output value of Hong Kong's film industry reached 37 billion Hong Kong dollars, and more than 50 blockbusters with a box office scale of more than 100 million were exported worldwide every year. With an output value of HK$470 billion, the gaming industry has become one of the most important pillar industries in Hong Kong.
And, comics, animation and other industries also have a decisive influence in the world.
Zhang Shaojie has created a new era for Hong Kong and has had a profound impact on the development of China's cultural industry.
In 2011, when Zhang Shaojie, as a representative of the National People's Congress, participated in the meeting of the National People's Congress, he firmly proposed: "The traditional industry is limited, and the imagination of the cultural industry is unlimited!" China's rise not only needs productivity as a driving force, but also cultural innovation industry as a new driving force! ”
In the applause, Zhang Shaojie smiled, bowed to the delegates, as well as the audience in front of the TV and the computer, and slowly exited.
Because, Zhang Shaojie knows that as a reborn, his era is over.
The new era will be the era of young people
————————ps: Well, there's no passion anymore, and I don't want to put it off any longer. That's the end of the book.
Ladies and gentlemen, see you in the next book.
(End of book)