Chapter 154: Good Things Happen Again and Again
On March 28, the Hong Kong Stock Exchange, the first stock exchange in Hong Kong with Chinese as the main target, officially opened in the Chinese Bank in Central, Hong Kong, thus starting the participation of the general public in securities and stock trading in Hong Kong.
Brothers Li Huawen and Li Hualong attended the ribbon-cutting ceremony of the opening of the Hong Kong Stock Exchange, and they are both among the founding shareholders of the Stock Exchange, with Li Hualong being the largest shareholder holding 30% of the shares of the Stock Exchange and Li Huawen being the third largest shareholder holding 10% of the shares.
In order to attract ordinary people to buy stocks, before the opening of the Hong Kong Stock Exchange, advertisements were placed in a number of newspapers, introducing the benefits of buying stocks and the process of buying stocks, which greatly attracted Hong Kong Chinese to open accounts to buy stocks.
"Aaron, I feel that opening a stock exchange in the Chinese Bank is not grand enough!" Li Huawen said with a smile.
"I think it's okay." Li Hualong smiled and said, "When the Jindi Building in Admiralty is renovated, the headquarters of the exchange will be moved." β
"What is the decoration of Gemdale Building?" Li Huawen asked.
"It is expected to be renovated in early June." Li Hualong replied.
"When the Gemdale Building is renovated, the Chinese bank will be vacant?" Li Huawen asked again.
"No, the headquarters will be moved to the Gemdale Building, and there will be a branch here. The Stock Exchange signed a one-year lease with Chinese Estates and moved out early, but the rent could not be refunded. β
"It's not a matter of your words, the Stock Exchange and Chinese Real Estate, you are the majority shareholder." Li Huawen smiled.
"I can't say that, although I am the majority shareholder of these two companies, I have to consider the interests of other shareholders."
"It's better to be clear." Li Huawen nodded with a smile, paused for a moment, and muttered, "Over there in the Gemdale Building, at the beginning, there may not be any popularity. β
"Popularity can be accumulated. In a hurry. Li Hualong said with a smile, "In the next year, at least ten buildings on the Navy Dockyard plot will be put into use, and when the time comes, many companies will move their headquarters there, and I don't think it will be worse than Central." β
"I heard you say before that Gemdale Group is going to merge and acquire those five joint venture companies, how did you talk about it?" Li Huawen asked.
"Basically, the agreement was negotiated, and the contract was signed in a few days." Li Hualong replied.
"After the merger, how many shares do you hold in Gemdale Group?" Li Huawen asked again.
"Sixty percent."
"Sixty percent. Absolute control. Li Huawen muttered, smiled slightly, and asked, "When is the plan to go public?" β
"Listed within half a year."
"When you go public, will you sell your original shares and cash out?"
"Big brother, you really have a lot of questions." Li Hualong smiled, "There is no plan for the time being, the listing will issue new shares, and the funds raised will be used to repay bank loans." Gemdale and the five joint venture real estate companies have a very high debt ratio, and after the merger, the debt will be borne by the new company. β
"I hope that the Hong Kong stock market will rise as soon as possible, and I look forward to the early listing of Huawen Real Estate Company."
The opening night of the Hong Kong Stock Exchange. The opening celebration reception was held at Mandarin Oriental, and Li Hualong brought Chen Sisi to attend the reception.
"I'm going to start a toy company."
The next day, when I woke up, Li Hualong and Chen Sisi said such a sentence.
Chen Sisi was stunned when he heard this. He smiled and asked, "What did you dream about yesterday, did you dream of a very interesting toy?" β
"So to speak." Li Hualong smiled.
"What toy?" Chen Sisi asked.
"Toys that need to be used by the brain." Li Hualong smiled, lifted the quilt and got up. "Maybe in the future, this toy company will become a cornucopia in the future."
"I hope so!" Chen Sisi smiled sweetly, she especially liked to see Li Hualong's confident expression.
"Got up and washed." Li Hualong shouted like a trumpet.
Last night, Li Hualong dreamed in a dream about some things that Li Hualong experienced in later generations, and in the dream, he saw himself playing with the Rubik's Cube.
After waking up, Li Hualong remembered the qiΔ he saw in his dream, he thought about it carefully, and found that the Rubik's Cube had not yet been invented, and he remembered that this toy would become popular all over the world.
Li Hualong in later generations played the Rubik's Cube very well, knowing the principle of the Rubik's Cube, at this time Li Hualong felt that he only needed to spend some time, with the help of others, he could design and manufacture the Rubik's Cube.
While brushing his teeth, Li Hualong thought of cartoon characters such as Jiqì Cat, Pikachu, and Transformers.
"When I was drawing "Doraemon" before, I thought of cartoon characters such as hello-kitty and Transformers, and it's been almost four years, and if I don't do it again, I have to be preempted by others...... It is necessary to create a toy company. In the future, the world's largest toy companies will have a very high market capitalization, so we can't underestimate toy companies, not to mention that manufacturing toys is a labor-intensive industry, and setting up factories in Hong Kong can provide a lot of jobs, and we will set up factories in the mainland in the future. β
Li Hualong muttered a few words to himself, not only thinking about setting up a toy company as much as possible, but also thinking about the toys that will be very popular in the future.
"Transformers, not like other animation heroes, first have animation and then toys, but a large-scale animation 'advertisement' made by Hasbro in the United States in order to promote its own toys, as if the founding country of Transformers is not the United States, but Japan...... In the future, Transformers is Hong Kong ChuangzΓ o. The first batch of Transformers toys must be carefully made, even if you lose a little money...... In my hands, the large-scale animation "Transformers" cannot disappear, and there is also the creation of comics, which must be serialized in comic magazines in countries such as United States and Japan, not seeking to earn manuscript fees, but to expand its influence, and in the future, "Transformers" will be made into a live-action sci-fi blockbuster, but it is a ...... weapon to make money."
β¦β¦
Three days later, on April 1, this morning, Li Hualong had breakfast at home, came to the living room to read the newspaper for a while, and he received a call from Japan and learned that Sony had developed a unique color mapping tube called "Trinitron".
βtrinitronοΌ Trilon ...... "Li Hualong realized that Sony Company had developed a weapon to make money, and a happy smile appeared on his face, but thinking that today was April Fool's Day, he asked with a smile, "Mr. Morita, this is not an April Fool's Day joke, right?" β
After translating Li Hualong's words by Akio Morita's side, Akio Morita smiled and said, "Li San, I'm not joking with you. Believe me, Sony will make a good color TV based on Trinitron technology, and the whole world will go crazy about it! β
Li Hualong smiled and said, "Then congratulations to Mr. Sheng Tian." β
Akio Morita smiled heartily: "Li Sang, you are the major shareholder of Sony Company, Sony Company makes money, and the stock price rises, which is a good thing for you, and you should say that you are happy." β
"Yes, Tongxi!" Li Hualong smiled. "It will take some time to put the color mapping tube into practical use, right?"
Akio Morita said in a deep voice: "The R&D team will strongly promote it, and strive to complete the arduous task of practical application within half a year." β
Li Hualong smiled: "If Sony produces a color TV that detonates the global rush to buy, I personally pay to invite the members of the development team to travel to Hong Kong, and eat and live all-inclusive." β
Akio Morita smiled: "Thank you Li San, I will tell the engineers of the development team about this news." β
After a few small talks, the two ended the call.
After Li Hualong hung up the phone, Li Yisong asked: "Aaron, there is good news from Japan's Sony company?" β
"yes!" Li Hualong smiled. "The company has developed a picture tube technology with its own patents."
"Can you make a lot of money?"
"You should be able to make a lot of money." Li Hualong said with a smile.
"Should?" Li Yisong smiled faintly, "Not one hundred percent?" β
"Even if Sony produces an epoch-making product, it may not be long before competitors produce better products. So, don't be overly overwhelmed. β
"Last year, when I invested in stocks, I bought land. You're full of words. Li Yisong quipped.
"It turns out that my investment vision is very accurate!" Li Hualong said happily, "Abba." Do you feel proud to have given birth to my son? β
Li Song chuckled and quipped: "Ah Long, how can you say that about yourself, fortunately, the children are not here, otherwise, they will not learn well." β
Li Yisong smiled heartily: "If the children have Aaron and have the ability, it is nothing to be proud!" β
"No more talking, I'm going to work. Abba, Grandma, tonight, I have a party, so I won't come back for dinner. β
"Don't drink too much." Li Song reminded.
"Got it, bye-bye!"
"Where are you going to work today?" Li Yisong asked.
"When I go to work at Carrefour, the company has a lot of documents waiting for me to sign."
Half a month later, on April 15, Li Hualong registered and established Leesgo Toys Co., Ltd. in Hong Kong, the name of this company was his original, and he really couldn't think of a good name for him to plagiarize.
At the beginning of May, Brother Lux produced more than 5,000 Rubik's cubes, and more than 2,000 second-order and third-order Rubik's cubes each.
After producing the first batch of Rubik's cubes, Li Hualong entrusted a professional lawyer to apply for patents for the second-order, third-order and fourth-order Rubik's cubes in more than 20 countries and regions, including Hong Kong, the United States, Japan, the United Kingdom and France.
On May 28, the Rubik's Cube was officially launched in Hong Kong.
In order to attract more people to the Rubik's Cube toy, Li Hualong invited the stars of Huayi Brothers Media Group to help, first taught them to play the Rubik's Cube, and then asked these celebrities to help him go to Carrefour supermarkets and 7-Eleven convenience stores to do publicity.
On the evening of the end of May, after dinner with his family, Li Hualong sat in the living room watching TV and saw a report about the Rubik's Cube causing a hot sales frenzy in Hong Kong.
Li Yisong asked: "Ah Long, in the past few days, I have seen a lot of newspaper reports on the Rubik's Cube, and you have invested a lot of advertising money, right?" β
"It didn't cost much." Li Hualong smiled, "The main reason is that the Rubik's Cube is selling well, and this new toy is invented by me, which has a lot of topicality, so various newspapers are willing to report it." β
"Those celebrities don't have to spend money to promote the Rubik's Cube?"
"It costs a little money, but it's not much, no matter how big or small the star is, there is only 1,000 Hong Kong dollars per person."
Li Yisong asked: "A big star like Song Songhai is to participate in the ribbon-cutting event, and the fee for a few minutes will cost three or five thousand, right?" β
"Look at the specific situation, many commercial performances have a face-saving component, and there is not much face, Song Songhai is now attending once, charging 8,000 Hong Kong dollars, and not any company can invite him to open a business."
Li Yisong smiled and said: "There are really many benefits of running a film company. β
"Abba, you are talking about artist management companies, many film companies in Hong Kong will invite stars under Huayi Brothers Artist Agency to make movies, although stars will sell some face to the bosses of these film companies, if there is no personal relationship, the bosses of these film companies invite stars to attend commercial activities and pay according to the market price."
Li Yisong asked: "Aren't all the bosses of film companies running artist management companies?" β
"Of course not. At present, there are 20 Hong Kong film companies, and it is estimated that there are less than eight artist management companies, and a large part of them have only signed a few artists. Most of the stars in Hong Kong are artists under Huayi Brothers. β
"You're a monopoly." Li Yisong muttered.
"It's not a monopoly, and the artists under Huayi Brothers can also take over the films invested and produced by other film companies."
Li Hualong suddenly thought that there were still some business matters to deal with, stood up, and continued: "Abba, I won't talk to you, I have something to go to the study." β
"Go ahead."
After the Rubik's Cube was listed in Hong Kong, it caused a great sensation, and in less than a week, more than 5,000 Rubik's Cube were sold, and the company made a lot of profits.
Li Hualong has asked Lux Brother's employees to calculate that the company can obtain nearly seventy percent of the gross profit from the production of Rubik's Cube.
I have to admire the ability of the Chinese to imitate, and by the beginning of July, pirated imitations appeared in the Hong Kong market.
Brother Lux has registered the patent of the Rubik's Cube in Hong Kong, so he naturally will not condone other people's Rubik's Cube, and just knew that there was a pirated Rubik's Cube, so he did not contact the pirate dealer at all, and directly sent a complaint to the court to sue the pirate dealer and the dealer who sold the pirated Rubik's Cube.
Fueled by Li Hualong, for a time, many Hong Kong media reported on the Rubik's Cube piracy case.
Li Hualong spent some money to get through the relationship, and in less than half a month, the Rubik's Cube piracy case was opened, and the final verdict was that the pirate and the dealer lost money and apologized.
After this case, Hong Kong merchants no longer dare to pirate the Rubik's Cube, which attracted the attention of a Japanese businessman Yamada Shimamura who did business in Hong Kong, Yamada Shimamura bought the Rubik's Cube, and after playing with it, he felt that the Japanese would definitely like this toy, and he wanted to obtain the exclusive right to sell the Rubik's Cube in Japan, for which he found the manager of the Lux company.
After Li Hualong learned of this, he did not meet with Yamada Shimamura, he agreed to give the Japanese the exclusive right to sell the Rubik's Cube in Japan for the next three years, but asked the other party to give a deposit to guarantee how many Rubik's Cube to buy from Brother Lux every six months, and at the same time negotiate the price.
Yamada Shimamura accepted Lee's offer, and in order to be able to sign the contract, he sold his company in Hong Kong, as well as his property, and borrowed some money from friends, which can be described as a desperate gamble.
A few months later, the Rubik's Cube became popular all over Japan, and the Lux company exported the Rubik's Cube to Japan, making huge profits, and Yamada Shimamura also made a lot of money.
Li Hualong felt that Yamada Shimamura was a talent, and he didn't mind that the other party was Japanese, so he invited the other party to join Lux Brother as a sales manager.
Yamada Shimamura felt that as the sales manager of Luxco, he could get dividends for every Rubik's Cube sold, and Luxco did not take back his sublicense in Japan, so in order to make more money, Yamada Shimamura joined Luxco.
A few years later, Yamada Shimamura was promoted to manager of Luxco, and under his leadership, Luxco became the world's most valuable toy company, becoming not only a world-renowned professional manager, but also a working emperor, worth billions of Hong Kong dollars...... These are all afterthoughts, and I will not show them for the time being. (To be continued......)