Chapter 141: Eating is ugly

On September 1, Jade Channel, a subsidiary of Television Broadcasts Co., Ltd., conducted a one-month trial broadcast on Li Hualong's Starlight Line.

Li Yisong learned the news that Jade Channel was being piloted, and asked Li Hualong when it would officially start broadcasting.

"Abba, if nothing else, it will be officially launched in November." Li Hualong smiled, "In a few days, I'll buy a TV and come back." ”

As early as 10 years ago, Hong Kong already had its first TV station - Li's Yingsheng, this TV station is a limited pay TV, for ordinary people, a few hundred a year is quite expensive, this money is nothing to Li Hualong, but he has not bought a TV set for his home.

Li Hualong's family also said that he would buy a TV, but Li Hualong was firmly against it, he didn't want to see his children turn on the TV first thing after dinner, and he hoped that his children would have more time to study and exercise.

"Haven't you always been against buying a TV?" Li Yisong said with a smile.

"After TVB launches, there will definitely be more and more families in Hong Kong with TV sets at home, and I don't want my children to say that my father is a bad eater. Besides, I'm still a shareholder of TVB, so even if I don't participate in the management of the TV station, I still need to know what programs this TV station has. ”

"I guess if you buy a TV, the children will definitely think about watching TV every day. You need to stipulate how long they watch TV. Li Yisong reminded.

"Abba, you're still thoughtful." Li Hualong said with a smile.

"Don't be afraid of my sycophants, you think more than I do."

"Three stinkers have beaten Zhuge Liang, even if your son and I are smart, there will be times when they are secret." Li Hualong smiled, "I think that after the launch of TVB, you can buy a TV set and watch TV without paying, and there will definitely be more and more families willing to spend money to buy TV sets in the future." If you open a store that specializes in electrical appliances. When ordinary people regard watching TV at home as a kind of entertainment, this kind of store will definitely make money. ”

"If you think it's going to make money, do it." Li Yisong smiled, "There are no factories in Hong Kong that produce TV sets, right?" ”

"There is one, but the quality of the TVs produced by this company is very average, Carrefour has a cooperative relationship with this company, and is ready to terminate the cooperation when the cooperation expires."

"Hong Kong is too small." Li Yisong couldn't help but sigh when he thought of the vast mainland and the current situation in the mainland. There was a moment of silence, and then he said, "By the way, I read in the newspaper yesterday that you bought Lane Crawford, why haven't I heard you say it." ”

"It's not a big deal, the topic didn't talk about this aspect, so I didn't specifically talk to you." Li Hualong glanced at his father with a smile, "Abba, are you interested in running a department store?" ”

"Nope." Li Yisong smiled faintly. "Aaron, in recent years, you have acquired a lot of companies, are you not afraid of being greedy and chewing?"

"I'm not the kind of person who holds on to power. Hiring excellent professional managers, coupled with a sound regulatory system, it is not difficult to run a company, and it does not require me as a boss to spend too much time and effort. ”

"Don't think that. Historically, there has never been a shortage of things to fill one's pocket. Your own business, think about it yourself. ”

"Abba. Don't worry, I know it. Li Hualong smiled, "Although I am willing to hire professional managers with high salaries, they are not bosses, they can do whatever they want, they can do whatever they want, and they are limited by rules." I bought Lane Crawford this time because I mainly liked the properties owned by this company, which is seriously undervalued in market value, and I can buy it now and sell each property separately in the future, so I can make a good profit. ”

"Lane Crawford Department Store behind the Mandarin Oriental, are you going to tear it down and rebuild it?"

"It will definitely be demolished and rebuilt in the future, and there is no reconstruction plan for the time being. There are so many places to spend money right now, and if you tear it down and rebuild it, you need to invest a lot of money, and within a few years, Lane Crawford's revenue will drop significantly. ”

"Don't just look at the prospect, be aware of the risks." Li Yisong reminded again.

"I didn't rush to tear it down and rebuild it, I just took the risk into account." Li Hualong smiled, "Abba, do you think my appearance is too ugly?" ”

"Fortunately, I've never heard you force someone to do anything in order to buy a company."

"I've always believed that doing business is all about profit, and besides, buying a company is not buying a unique antique, and I won't force others to sell it, because there are so many opportunities to make money in this world. Abba, now I have dozens of companies in my hands, and I have bought a large number of old buildings, all for the sake of long-term layout, as long as Hong Kong's economy improves, I can soar to the sky. ”

"Soaring?!" Li Yisong laughed, "Do you think that Hong Kong's pool is too small?" ”

"It's a little smaller." Li Hualong said with a smile, "Haven't I already done my business overseas, Playboy magazine in the United States, and Sony Company in Japan, I have shares." ”

"How are these two companies doing?" Li Yisong asked casually.

"Playboy magazine's income is quite good, it can bring me millions of Hong Kong dollars in profits every year, as for Sony company, the situation has improved, the market value of the stocks I hold is more than 30 million Hong Kong dollars, if I sell and cash out now, I will not lose money, and I will make a little profit."

"What are your plans for the future?" Li Yisong asked.

"Abba, you're asking about investing overseas?" Li Hualong asked with a smile, saw his father nodding, and replied, "If there is a chance in the future, I will invest in some companies that I think have investment potential." Also, in the future, I will open hotels all over the world. ”

"Why do you like running a hotel so much?" Li Yisong asked, "I feel that the rental income of an office building is far higher than the profit of running a hotel. ”

"There are two reasons for this, on the one hand, I like to invest in running hotels, and on the other hand, I can't just invest in building office buildings, after all, I have a lot of money in my hands, and if I build too many office buildings in Hong Kong, it will definitely drive down the rent of office buildings, and the vacancy rate will rise."

"Supply and demand ......" Li Yisong nodded thoughtfully, "By the way, now that the housing prices are so cheap, you can consider buying a few more theaters." Most of the cinemas are in good locations and can be demolished and rebuilt in the future. ”

"I'm already in the process of acquiring." Li Hualong smiled, "In recent months, I have spent nearly 80 million yuan on old buildings, including theaters. ”

"You're really going to spend money!" Li Yisong sighed with a smile on his face.

"I'm not spending this money for my own enjoyment, and investing in an old building will definitely bring me good returns in the future."

When Li Hualong saw his father drinking tea with a teacup, he also learned like this, took a sip of tea, and continued: "By the way, in a few days." The board of directors of Times Real Estate Company is about to be held, and the company is preparing to issue new shares. ”

"Times Company's stock price has fallen so much, why do you still issue new shares?" Li Yisong asked puzzled.

"At the beginning of last year, the Times Real Estate Company didn't buy three old buildings, demolished and rebuilt one building, and borrowed money from the bank, and now, the debt ratio of the Times Real Estate Company is very high. The shop in Times Square has long been rented out, even if the world is not good. In the short term, the rent will not decrease, but the Mandarin Oriental Hotel, business has been much worse recently. Times Real Estate's revenue has dropped quite a bit. ”

"Hongkong Land agrees to issue new shares?"

"I have already talked to Hongkong Land that if we do not issue new shares, we will definitely not be able to repay the bank loan on time."

"Are you going to subscribe for new shares in Times Land?"

"With this idea, issue new shares at a premium. The other shareholders should agree to me subscribing for more new shares. ”

Li Yisong asked again: "How many shares does our family hold in Times Land now?" ”

Li Hualong replied: "A little more than 7 million shares." ”

Li Yisong took a sip of tea and said with a smile: "So in the past month, you have bought more than three million shares?" ”

"yes." Li Hualong nodded with a smile. A little dissatisfied, he said, "If we had considered that Times Land would issue new shares, then we should not have increased our holdings of this company's shares in large quantities, and in this case, the new shares would be issued at a small price." ”

"Don't let it go, no one is stupid, if the share price of Times Land is undervalued, even if it issues new shares, other shareholders will ask for new shares."

"Huh!" Li Hualong said happily, "Sometimes, I think the problem is too simple. ”

"You subscribe to the new shares issued by Times Land, and you have to borrow from the bank again?"

"Not so much this time. A few days ago, Huayi Brothers Film Company sold the distribution rights of two films in the United States and made more than 10 million Hong Kong dollars. ”

"Or do you have the ability." Li Yisong was pleased, "When you founded the film company, I was still against it. Now, Huayi Brothers Film Company has become your cash cow. In recent years, how much money has this film company made a year? ”

"Last year's profit was the highest, reaching more than 30 million, and this year it is expected to exceed 30 million." Li Hualong replied with a little pride.

"More than 30 million, it's incredible." Li Yisong exclaimed, "It's still foreigner's money to make money." ”

"Movie tickets in developed countries in Europe and the United States are more expensive than Hong Kong movie tickets, and in recent years, the films produced by Huayi Brothers Pictures have accumulated a good reputation in Europe and the United States, and it is normal to make money. Compared with Hollywood movie giants, Huayi Brothers' profitability is nothing at all. ”

"The human heart is not enough for the snake to swallow the elephant, and the man must learn to be content."

"Only if you are not satisfied can you have the motivation to make progress." Li Hualong retorted with a smile.

"I can't tell you." Li Yisong smiled, "You are forty years old, and you know the severity." ”

More than three months ago, Li Hualong's family celebrated his 40th birthday. Li Hualong's personality is a bit weird, he is very willing to hold a birthday party for his family, but on his birthday, he likes to be quiet, on his fortieth birthday, he only invited Li Huawen and Li Huahu's two families, the maiden relatives of the three wives, and close friends such as Bao Quanfu, he did not invite.

Li Yisong took a sip of tea and continued: "You didn't have a big event on your fortieth birthday, and when you reach your fiftieth birthday, you must make a big event, hold a big feast in the hotel, and bring all your relatives and friends to ...... at that time" After a pause, he sighed lightly, "It would be nice if your second brother's family could show up." ”

"Abba, didn't you say that my second brother's life is hard, he will be fine." Li Hualong comforted.

Li Yisong was silent for a long time, and said in a deep voice: "If the mainland ZF knows about the relationship between your second brother and us, he will definitely be affected." ”

"It's hard to say." Li Hualong persuaded, "Abba, we don't want to do this anymore, and it's useless to think about it now." ”

"Don't talk about it." Li Yisong squeezed out some smiles on his face, changed the topic and asked, "Which company will you go to work tomorrow?" ”

"Tomorrow I will go to work at Huayi Brothers Film Company, and there are several movies waiting for me to decide whether to shoot or not. Tomorrow night, I won't be back for dinner, and I'll have dinner with the top executives of the film company and some celebrities to celebrate the box office hits of several movies......" (to be continued......)