Volume 1 Chapter 239 Investing in Cheng Pao
Sima Jie got out of the car, glanced at the street sign, and calmly looked excited.
10L King's Road, North Point
As a native Hong Konger, a Hong Kong person who has to subscribe to a newspaper every month, Sima Jie is no stranger to this address, because since moving to this address in 195l, in the following 30 years, a newspaper that now has more than one million readers in Hong Kong, with an average daily sales of more than 200,000 copies, and the total sales volume of Hong Kong's second largest newspaper "Sing Pao", has taken root here.
"Is it Director Sima?"
As soon as he stood still, Sima Jie heard a male voice coming, and when he looked up, he saw that it was a man in his thirties, wearing a pair of glasses and looking a bit literati.
Compared with the image mentioned by Lin Xiaozhi before coming to his head, Sima Jie immediately squeezed out a smile on his face and greeted him: "But the editor-in-chief of "Cheng Pao"? ”
"Exactly, Director Sima come with me, I have already told the newspaper about the specific things and arrangements
"Good ......"
With the development and growth of New Asia, the legal department that Sima Jie originally led has now been established, and has more than a dozen professionals who are proficient in law, commercial litigation and contract drafting. Although Sima Jie's lawyer's license was revoked in his early years, Lin Xiaozhi sent him to appoint talents, and he didn't care about the black history he left in the past. In addition, he once played a big role in helping Lin Xiaozhi acquire Asian Records and negotiating with the British to release "Killer Leon", so after the legal department of New Asia Film Company was established, Lin Xiaozhi was officially appointed not long ago, and Sima Jie served as the legal director.
Following the editor-in-chief of the entertainment edition of "Cheng Pao", who had dealt with Xinya several times and heard that he also had some personal relations with Lin Xiaozhi, Sima Jie followed into the headquarters of "Cheng Pao" with his eyes flashing. Fan Hongwei led him all the way fast, even when he met an acquaintance from the "Cheng Pao" newspaper to greet him, he just nodded or greeted him casually, and even a few people who asked him about Sima Jie's identity, Fan Hongwei did not answer.
Seeing him behave like this, Sima Jie smiled secretly in his heart. Of course, he knew why the other party was like this, just because he would appear in the headquarters of "Cheng Pao" today, in fact, with an order from the boss Lin Xiaozhi.
Lin Xiaozhi: He wants to take a stake in "Cheng Pao"
It's not a strange thing, but it's hard to hide the excitement in my heart.
Since "Killer Leon" sold overseas copyrights at a sky-high price, the funds in Xinya's account have exceeded 100 million at once, and the funds that need to be used to start filming in a short period of time cannot be used at all.
He never thought about continuing to throw money into the black market, because the mainland was so badly cheated in the international foreign exchange market last year that he still hasn't caught his breath, and the chaos in the house has not yet been sorted out. Helplessly, in the surging rush frenzy, it soon died down. Now if you invest money in it, if you really get trapped for a few years, the gains outweigh the losses. With his ability, he has taken the lead in two years, and it is not impossible to earn so much money.
If you don't smash the black market, this money will be a little hot in your hand. Xinya Records still has spare money, and he just borrowed 40 million from his family's bank, and Lin Xiaozhi's private small treasury is now very rich. After thinking about it, he finally set his sights on the media, ready to buy or take a stake in a media to compete for the right to speak in public opinion.
Before the Internet is popularized, traditional media will still firmly control the right to speak in public opinion in the next ten years. Compared with the paper media and the television media, Lin Xiaozhi is undoubtedly more inclined to the television media. However, the wireless is too big for him to chew, even ATV doesn't have his share now, and he can't afford it. In contrast, paper media is much cheaper.
The most valuable newspaper in Hong Kong is undoubtedly Sing Tao Daily, which owns a number of newspapers and other industries under its name, with total assets of nearly one billion Hong Kong dollars. Even Oriental Daily, which has the largest circulation in Hong Kong, is no match for Sing Tao Daily, which has barely gained a foothold in the English-language newspaper publishing market.
Oriental Daily is only slightly worse than Sing Tao Daily, with a market value of more than HK$600 million. The second is Jin Yong's Ming Pao, one of the largest local publishers in Hong Kong, with a total valuation of more than HK$300 million. Sing Pao has the second largest circulation in Hong Kong, but because it has been unable to open English-language publishing channels, it does not have as many high-quality subsidiaries as Sing Tao Daily, nor does it have the status of Ming Pao, the largest publisher in Hong Kong, and its valuation has fluctuated between 200 million and 260 million.
It's not a strange thing, but it's hard to hide the excitement in my heart.
Since "Killer Leon" sold overseas copyrights at a sky-high price, the funds in Xinya's account have exceeded 100 million at once, and the funds that need to be used to start filming in a short period of time cannot be used at all.
He never thought about continuing to throw money into the black market, because the mainland was so badly cheated in the international foreign exchange market last year that he still hasn't caught his breath, and the chaos in the house has not yet been sorted out. Helplessly, in the surging rush frenzy, it soon died down. Now if you invest money in it, if you really get trapped for a few years, the gains outweigh the losses. With his ability, he has taken the lead in two years, and it is not impossible to earn so much money.
If you don't smash the black market, this money will be a little hot in your hand. Xinya Records still has spare money, and he just borrowed 40 million from his family's bank, and Lin Xiaozhi's private small treasury is now very rich. After thinking about it, he finally set his sights on the media, ready to buy or take a stake in a media to compete for the right to speak in public opinion.
Before the Internet is popularized, traditional media will still firmly control the right to speak in public opinion in the next ten years. Compared with the paper media and the television media, Lin Xiaozhi is undoubtedly more inclined to the television media. However, the wireless is too big for him to chew, even ATV doesn't have his share now, and he can't afford it. In contrast, paper media is much cheaper.
The most powerful print media in Hong Kong is undoubtedly Sing Tao News Group, which owns a number of newspapers and other industries under its name, with total assets of nearly HK$2 billion. "Sing Tao Daily", "Sing Tao Evening News", "English Standard" and other newspapers under its name, the total circulation is also higher than that of Hong Kong's largest circulation "Oriental Daily", and it also has the largest local comic publisher, and is also one of the top three local publishers in Hong Kong.
Oriental Press Group's strength is second only to Sing Tao News Group, but because of its repeated failures in entering the English-language media, it relies too much on the brand "Oriental Daily", and the outside world estimates that its market value is about 7.8 billion Hong Kong dollars. The second is Jin Yong's Ming Pao Group, which owns many brands such as Ming Pao, and as one of the largest local publishers in Hong Kong, Ming Pao Group has a total valuation of more than 500 million Hong Kong dollars.
Shing Pao Newspaper Group and South China Press Group are ranked fourth and fifth respectively among Hong Kong's print media, with Sing Pao Newspaper Group owning Sing Pao, the newspaper brand with the second largest circulation in Hong Kong, but because it has been unable to open English publishing channels, it does not have as many high-quality subsidiaries as Sing Tao Daily, nor does it have the status of Ming Pao, the largest local publisher, and its valuation has been fluctuating between 200 million and 260 million. As for the South China Press Group, it owns the South China Morning Post, the largest English-language newspaper in Hong Kong, with a valuation of about HK$150 million to HK$200 million.
Among the top five paper media in Hong Kong, Lin Xiaozhi of Sing Tao News Group respectfully stays away, and the boss Hu Xian is the daughter of Hu Wenhu, a wealthy businessman in Southeast Asia, and the famous newspaper queen of Hong Kong, but he is not something he can provoke now. "Oriental Daily" he wanted to buy, but not only is it too expensive, it is also the lifeblood of the Ma brothers, Ma Xiru is very reluctant to outsiders to buy shares, so far Oriental Press Group is still one of the largest private family enterprises in Hong Kong, Lin Xiaozhi doesn't have to think about it.
In the past two years, with Jin Yong's closure of the Ming Pao Group, it has been rumored from time to time that Jin Yong wants to sell "Ming Pao". It should not be expensive to buy "Ming Pao" alone, at most two or three hundred million Hong Kong dollars, but this newspaper is not well positioned, too heavy on politics, not to mention, a group of editors under his name still dare to rebel against the boss's will, if Lin Xiaozhi becomes a shareholder, it is bound to be 'pro-mainland, and his position will have fierce friction with the editorial department, just a little consideration, he gave up asking the price with the old man Jin Yong.
Nanhua was directly excluded by him, this company was bought by the king of the media 'Murdoch a few years ago, and even completely privatized from a listed company, Lin Xiaozhi is still a little self-aware, knowing that the king of the media with assets of more than 100 billion Hong Kong dollars is not something he can provoke, and the South China Morning Post of the South China Press Group is still an English-language newspaper, so he was also excluded from the out.
As a result, there are not many options left for Lin Xiaozhi.
"Bang Bang ......"
Fan Hongwei led Sima Jie all the way to the general manager's office. After a slight pause to calm the excitement in his chest, he knocked on the door of the general manager's office of "Cheng Pao".
Two days ago, because he had given two interviews before and exchanged contact information, the wealthy Shaolin Xiaozhi, who had some personal friends, suddenly gave him a call and invited him out for dinner. Fan Hongwei initially thought that Lin Xiaozhi was looking for him to promote a new movie for the company, and he estimated that Xinya should have a few movies to be released recently, so he readily agreed.
Who would have thought that he went to Lin Xiaozhi's invitation, and only after half of the drink did he realize that he had a request for himself, and then he heard a message that shocked him so much that his hands and feet trembled and he didn't take out his chopsticks. He even wanted to ask himself to help him convey an intention to the top management of "Sing Pao", and Lin Xiaozhi wanted to buy "Sing Pao"
This is shocking news, after repeatedly confirming that the other party is not joking, Fan Hongwei also thought carefully all night after leaving, and only bypassed the editor-in-chief on the second day, and directly found He Guowei, the general manager of Chengbao Newspaper Group, and conveyed Lin Xiaozhi's meaning to him. The reason why he found He Guowei was not only because he was the son of He Wenfa, chairman of Cheng Pao Newspaper Group, but also because He Guowei had repeatedly suggested to Ho Wenfa to sell "Cheng Pao".
That's right, compared to his current boss, the Ho Wenfa family. Fan Hongwei prefers Lam Hsiao-chi, who has made huge waves in Hong Kong in the past two years, to take charge of "Sing Pao", leading them to replicate the legend of New Asia Films in "Sing Pao", which has become more and more conservative in recent years.
He Fan Hongwei is only in his thirties, and maybe this is an opportunity for him