Although Hong Kong Economic Journal was only founded in 1973 and is only a teenager, it can only be regarded as a "young newspaper" in Hong Kong.

However, as Hong Kong's first professional financial newspaper, it has faced competition from the Hong Kong Economic Times since RR. At this time, Hong Kong Economic Journal was still the most professional financial newspaper in Hong Kong, and it was the most sensitive to information related to finance and business.

It was only a week or two after Lin Xiaozhi first sent someone to contact "Cheng Pao", and the "Hong Kong Economic Journal" had already heard the rumors, but like everyone else, Xinya also thought that it was just a cooperative advertisement between the two sides, so they neglected to pay attention. Later, after Xinya's side took the initiative to block the news, the He Wenfa family also had the same meaning, and the two parties tacitly blocked the news, until the two parties completed the negotiations, and when the contract was signed, the shareholders of "Cheng Pao" learned about the negotiations and leaked the news.

After hearing the rumors, if it is a newspaper like "Oriental Daily" that does not pay attention to authenticity, I am afraid that the news will be exposed early in the morning. However, this is not the case with Hong Kong Economic Journal, as a serious financial newspaper, it took a lot of effort to confirm the matter from some sources, and then it was exposed in the newspaper

“…… An insider revealed to this newspaper that Lin Hsiao-chi, the owner of the New Asia Film Company, spent 200 million yuan to merge "Sing Pao" and sent his henchmen to lobby the Ho Man Fat family, who was in charge of the Cheng Pao newspaper group, a few years ago. After a few months of contact, although the He Wenfa family did not agree to sell "Cheng Pao" and leave, it was difficult to resist the temptation of Jin Yuan. Ho Wenfa's son, Ho Kwok-wai, had long intended to sell Sing Pao, and the two sides negotiated smoothly and formally signed an agreement a few days ago.

According to this newspaper's information, although the Ho Wenfa family did not sell all of its shares in Cheng Pao, they also sold a considerable number of shares to Lin Xiaozhi. Lin Xiaozhi, the rebel son of a wealthy family, may have become a major shareholder of Cheng Pao Newspaper Group, and even obtained a controlling stake in Cheng Pao.

…… As a man of the year in the Hong Kong entertainment industry in the past two years, no one can deny the talent of this wealthy rebel. Someone once analyzed that it was precisely by relying on pervasive hype marketing that the foundation of the original New Asia was created. Even some people in the advertising industry laughed and said that looking at the whole of Hong Kong, it is difficult to find a few people who are better at advertising and publicity than Lin Xiaozhi.

He started by investing in films, and then used the money he made to buy a record label. It is reported that not long ago, this wealthy rebel bought a publishing company, and it is said that the former boss who sold this publishing company to him is named Ma Rongcheng, who is Hong Kong's premier comic master and a supernova in the publishing industry. And now, he has reached out to the media, and the implication is self-evident.

We have reason to believe that this wealthy rebel is not only ambitious to be an entertainment tycoon in Hong Kong, but also to emulate Murdoch, who is in Europe and the United States, to build his own 'media empire,......"

The Hong Kong Economic Journal's report was like a huge thunderbolt that suddenly exploded in the sky of Hong Kong, shocking countless people.

Xinya Film Company wants to buy "Cheng Pao", which is something that is unimaginable to others, at least before the "Hong Kong Economic Journal" broke the news, few people thought about it, and of course, it is not excluded that they thought of it and did not say it, for fear of making people laugh. After all, although Xinya Film Company has been in the limelight in the past two years, it is still only a newly born film company in principle. Because it is this incident that makes Hong Kong remember that there is a wealthy man named Lin Xiaozhi, who broke into the film industry with 2 million, and became one of the billionaires club in only one year by making movies.

It's just that it's legendary enough to earn 100 million in just two years, few people seriously want to guess how much money he made, and where did he get the money, after acquiring New Asia Records, he still has spare money to buy "Cheng Pao", which is the second largest newspaper in Hong Kong in terms of circulation, and there are also a number of media giants in Hong Kong.

Because of these doubts, even if some people come up with such thoughts, they just forget them as their own delusions, and they never expect that this is true

The credibility that the Hong Kong Economic Journal has built up over the past decade or so has made its coverage even more lively soon after it came out. There are voices everywhere discussing and reporting news about it, and countless people are blushing, just because they can't believe that Lin Xiaozhi, the rebel son of a wealthy family who has faintly become the most talked about figure in Hong Kong in the past two years, has made another move against the sky this time.

Countless media executives personally called New Asia Film Company and "Cheng Pao", and asked about the news of "Cheng Pao" changing hands.

The press conference jointly held by New Asia and Cheng Pao was long overdue, and Lin Xiaozhi also appeared at the press conference, and presided over the entire press conference together with Ho Kwok Wei, president of Cheng Pao Newspaper Group

“…… Thank you for taking time out of your busy schedules to attend the press conference jointly held by New Asia Film Company and Sing Pao Newspaper Group. I know that there are a lot of doubts in everyone's minds, and there have been a lot of reports in the newspapers about our New Asia and Cheng Pao Newspaper Group recently. These should be our derelictions of duty, as some media friends who have already received the wind have said. For the sake of performance, we at New Asia Film Company have indeed made a strategic investment in Cheng Pao Newspaper Group recently, but it is far from being as bizarre as the outside world legend, so we have not informed you about this before...... Today, we officially announce that New Asia Film Company has become the second largest shareholder of Sing Pao Newspaper Group

As Lin Xiaozhi's words fell, in the dazzling spotlight, countless media reporters who were excited by the big news and turned red frantically squeezed towards the rostrum. Countless microphones reached out to them, and reporters scrambled to ask their questions, as if they had been robbed of a big headline if they had slowed a little, and the whole venue was in chaos.

Although this small-budget film with an investment cost of only 6 million Hong Kong dollars has brought 170,000 Hong Kong dollars to New Asia's local box office revenue, and has also begun to be released in Southeast Asia and Taiwan, it is conservatively estimated that it will bring nearly 20 million Hong Kong dollars to New Asia.

However, this box office dark horse failed to attract the attention of the Hong Kong media, even if countless media outlets turned their attention to its filmmaker, Xinya Films. Just because New Asia Film Company spent a huge amount of money to invest in "Cheng Pao", the impact is too great.

The birth of a tycoon, these words have become the most frequent words in the Hong Kong media in the next few days.