Volume 1 Chapter 262 Boot
Last year, Golden Harvest spent nearly 100 million yuan to invest in the "Teenage Mutant Ninja Turtles" 'failed, and it took a full year to do so, and the movie has just been filmed, and it has not yet been released. As one of Hong Kong's largest film giants, Golden Harvest was also affected by its investment failure, and had to reduce its investment in Hong Kong last year, with about five or six fewer films than in previous years, and the investment was also nearly 100 million yuan.
This failure not only gave a blow to many film companies in Hong Kong that were interested in exploring overseas markets, but also made Meiya hesitate.
Li Guoxing, chairman of Meiya, was also concealed by Lin Xiaozhi, and it was not until after the press conference that he learned that his new film investment exceeded 40 million, and he was shocked and made a phone call to Lin Xiaozhi's office, which was also the first time he persuaded Lin Xiaozhi euphemistically since he became a shareholder of New Asia in the middle of last year, hoping that he could change this 'reckless, move'.
It's a pity that what Lin Xiaozhi decides, how can it be affected, not to mention that he is not only fully prepared, but also repeatedly argued in the past few months, although the movie has not started shooting, the probability of success in his heart is as high as half.
With the success of "Killer Leon" in front of him, it took a lot of words, but Lin Xiaozhi finally persuaded Li Guoxing, so that although he disagreed, he was no longer completely opposed to Lin Xiaozhi's risky move.
Lin Xiaozhi's 40 million investment in a new movie stirred up a thousand waves with one stone, and once the news appeared in the newspaper, it suddenly became the most concerned news in the Hong Kong entertainment industry, and the heat lasted for about a week before the end was announced with the emergence of two shocking news.
“…… Qiu Degen polished ATV shares, Lin Baixin spent a huge amount of money to take over as the new owner of ATV, Zheng Yutong's TV dream was shattered or accelerated to leave"
On the day of the month, with the revelation of the "Hong Kong Economic Journal", it was involved in the inside story of the IiE family, the Hu family, and the "Zheng family, among the three giants in Hong Kong" ATV, which was exposed in front of the public, and caused a sensation in Hong Kong for a while, and even Lin Xiaozhi's new movie with a record investment of up to 40 million was squeezed into the corner of the entertainment pages of major newspapers.
Although in May last year, Lin Baixin took over the presence of ATV's board of directors from ATV's former boss Qiu Degen, and officially joined ATV as the largest shareholder. But at that time, ATV was not Lin Baixin's word, not only Qiu Degen still held a lot of shares in ATV, but also listed with Lin Baixin as the 'top ten richest people in Hong Kong, among them, Zheng Yutong, the boss of the Xinshi Lujie Group, also held shares second only to him, and had much influence on ATV that was not weaker than the Lin family.
Originally, if there was no Lin Xiaozhi's intervention, Lin Baixin, in order to support him to buy ATV's beloved son Lin Jianle, should have completely bought the shares of the Qiu family shortly after Qiu Degen left last year, and had an absolute controlling stake in ATV. But because of Lin Xiaozhi's intervention, Lin Jianle, who made a mistake, was kicked out of ATV, and at the same time, his eldest son Lin Jianming, who he liked, was not allowed to replace him into ATV, and in the second half of last year, he sought to seize the position of president of ATV through some means.
Therefore, due to this impact, Lin Baixin slowed down his absolute control of ATV. He didn't agree with meddling with his own 'Lai Sun Group, other industries other than the main textile industry, and he wanted to buy ATV for his son Lin Jianle, as Lin Xiaozhi and Lin Jianming reiterated to him again and again, ATV was very repulsive to Lin Jianle, and it also made his love for ATV continue to cool.
However, since the end of last year, with the performance adjustment of the Xinshi Lujie Group, Zheng Yutong, who has always been arrogant, when he saw that his old rivals 'Li Jiacheng and 'Bao Yugang' were spending huge sums of money to set up their own TV stations, considering that Hong Kong's return is imminent, in order to seek the right to speak for the Zheng family in the future SAR government, the importance of ATV, which was originally symbolically invested only to support the scene for his old friend Lin Baixin, was immediately highlighted in his business empire.
As soon as Zheng Yutong's mind changed, several family juniors he arranged to train on the board of directors of ATV suddenly changed from policy responders to one of the decision-makers, in addition to officially fulfilling his role as executive director, he also began to actively plan to install management close to the Zheng family within ATV.
At the same time, he was ready to sell ATV to Lin Baixin at a high price, and he also moved the idea of acquiring ATV, a veteran TV station. and sent his second son, Zheng Jiacheng, to negotiate with Qiu Degen to acquire his shares in ATV to complete the control of ATV.
When Qiu Degen sold ATV to Lin Baixin, he signed an agreement with him, that is, if he wanted to sell his shares to others, he needed to notify Lin Baixin himself in advance. Therefore, not long after Zheng Yutong contacted Qiu Degen, Lin Baixin heard the news from Qiu Degen, who was ready to sell at a price.
On ATV's side, after several development plans proposed by Lin Jianming were intercepted by the juniors of the Zheng family, Lin Baixin immediately noticed that his old friend Zheng Yutong's mind had changed, and his original attitude towards ATV, which he didn't pay much attention to, also changed.
Coupled with the fact that Lin Jianle, his beloved son who had just been appointed as the vice chairman of Lai Sun Group, was still unrelenting to ATV and was still actively lobbying in his ear, Lin Baixin finally sat down at the negotiating table with Qiu Degen again, and after more than a month of negotiations, he spent a huge amount of money to buy out all the ATV shares held by Qiu Degen, and the Lin Baixin family has officially become the new holding family of ATV.
Zheng Yutong's dream of a TV station had just sprouted, and it was ruthlessly cut off by Lin Baixin, the old ginger.
If the Lin family completely owns the controlling stake in ATV, the news of becoming ATV's controlling family has attracted far less attention than the fighting methods of Lin Baixin and his old friend Zheng Yutong. Then, on the last day of February, the Hutchison Group under the name of Li Jiacheng, the richest Chinese in Hong Kong, released the news to the outside world, which really caused shocks from all walks of life in Hong Kong.
On the P day, Li Zekai, managing director of the Hutchison Group's fund management committee, announced in an interview with the media that Hutchison Group had reached an agreement with the Ministry of Aerospace of China that its company's first artificial satellite "Asia Satellite 1" would be launched in the first half of this year.
This news shook all walks of life in Hong Kong.
Someone once said that the history of Li Ka-shing's struggle is a history of Hong Kong's modernization and development, and in the past 50s, 60s, 70s and even 80s, when looking back on the past, many people are more willing to give Li Ka-shing the incomparably noble title of 'Hong Kong dream'. Li Jiacheng and Li Jiaxin were once the dreams of many post-40s, post-50s, post-UU and even post-70s in Hong Kong.
Hutchison Group is a listed group under Li Jiacheng's name, and Li Zekai is Li Jiacheng's favorite and headache's youngest son.
As the son of Li Jiacheng, it is not suspicious that Li Zekai was arranged by his father to work in the company under his name, but with Li Zekai's revelation, it has triggered a series of shocks in Hong Kong's political, business and entertainment circles.
The 89th year has just passed, and last year's chaotic storm continues to ravage Hong Kong. The voices opposing Hong Kong's return to the motherland have been vigorously supported by the British colonialists, who would rather be the dogs of the British than the residents of the Chinese Special Administrative Region, and the arguments have openly appeared in the mouths of many Hong Kong legislators and politicians. There are even many Hong Kong tycoons who continue to raise their voices to the mainland, wanting to raise funds and pay for the purchase of Hong Kong, Hong Kong, for Hong Kong people to be self-governed, the first people despise the poverty of the mainland, and are only willing to pay one billion Hong Kong dollars to buy Hong Kong, and now this amount of desecration has reached as much as one billion US dollars.
Although Li Ka-shing has never spoken in person, his own name, Cheung Kong and Hutchison Whampoa, the two largest listed companies in Hong Kong, are sponsors of the Buy-in Committee, and their attitude can be seen.
However, at this time, Li Jiacheng's son suddenly broke the news that the Hutchison Group under the name of Superman wanted to cooperate with the mainland and wanted to use the hands of the mainland's aerospace department to send the plane under his name to the sky. Politicians are concerned about whether Li Ka-shing's political attitude has changed behind this, while Hong Kong's business and entertainment circles are concerned about the competition for the right to Hong Kong's second telecommunications market, which may reach more than 100 billion yuan in the future, and the life and death of another TV station.
Asia Satellite Corporation
When it comes to the name of this company, Hong Kong people are no strangers. Since the birth of television stations in the fifties and sixties, Hong Kong Television Broadcasts Co., Ltd.'s "TVB" and Asia Television Broadcasts Co., Ltd.'s "Asia Channel" are the only two wireless television stations, the original two television stations have Cantonese and English channels respectively, after decades of development, the two television stations have become two of Hong Kong's largest media giants, especially Shao Yifu's TVB, and can even easily affect the voices of all walks of life in Hong Kong, and the monopoly has become a trend.
In the mid-70s, the Hong Kong government supported a "good TV station", but it only lasted for three years before being squeezed out of the market by the two powers. In recent years, with the unfair competition between TVB and ATV, Hong Kong people have complained more and more, and under the entanglement of profits, the Hong Kong government finally made up its mind to break the monopoly of the two stations, and began to plan the establishment of a second telecommunications network, which was officially approved in l988. The second telecommunications network will provide cable television and other non-proprietary telecommunications services such as mobile phones, wireless paging, etc.
At that time, Hutchison Group already had a non-patent telecommunications business, and Li Ka-shing took advantage of this advantage to quickly form a new consortium with Hong Kong's CITIC Corporation, the British Great Eastern Telegraph Company and other groups to win the right to operate the second telecommunications network. Li Jiacheng believes that cable television has broad prospects, and it implements a system of charging users for fees, so there is little conflict with free wireless television.
On January 199, Hutchison, CITIC and Dadong jointly formed the Asia Satellite Company, announcing the investment in the launch and cooperation of the first artificial satellite dedicated to providing telecommunications services in Asia, which was planned to be sent into the geosynchronous orbit over Southeast Asia, first Hong Kong and then Southeast Asia, and finally became the whole of Asia.
Due to Li Ka-shing's influence in Hong Kong's political and business circles, as well as the pressure exerted by the mainland government behind CITIC and the British power behind Dadong, in early 1989, the Hong Kong government initially selected Hutchison as the operator of the second telecommunications network. It's a pity that Li Jiacheng is not the only one who is eyeing the second point of news, the new consortium formed by the Wharf of the ship king Bao Yugang and Guo Desheng's Sun Hung Kai Properties has become another strong competitor for them.
After the political turmoil in 1989, there was another crisis of confidence in Hong Kong. Because Li Ka-shing was slow to express his political attitude, and the British did not want the mainland government's CITIC to meddle in Hong Kong television and telecommunications, the Hong Kong government first set the minimum investment required to obtain a cable TV license at HK$5.5 billion, which made the top managers of the Hutchison Group hesitate. In the end, the British were satisfied with the license and gave the license to the Wharf Cable Communication Company jointly established by Bao Yugang and Guo Desheng.
Hutchison Group's dream of interfering in Hong Kong's Second Telecommunications Network has been shattered, and for the past year, there has been no news about Hutchison Group and Asia Satellite Company.
I don't want a year to pass, and Hutchison's voice again seems to mean that Li Jiacheng, a Hong Kong superman, is ready to meddle in the operation of telecommunications networks and TV stations again.
One stone stirred up a thousand waves, attracting the attention of all walks of life in Hong Kong.
So much so that even Lin Xiaozhi worshiped God in a low-key manner, and the news of the start of filming of his third film "Red Alert" was only reported by a few newspapers such as "Cheng Pao".