Volume 1 Chapter 358 The Coming of the Bank of China (Part II)
After reading the whole article quickly, He Guanchang sorted out the crumpled newspaper earlier, and almost understood why Zou Minhuai was angry.
Without it, there is no balance
There are few people in the Hong Kong film industry who are unaware of Chow Wenhuai's ambitions, and as early as the early 80s, he formulated an ambitious listing plan for Golden Harvest. At that time, Golden Harvest had already relied on Bruce Lee, Cheng Long and others to suppress the old rival Shaw Brothers, and it could be said that they were complacent. It's a pity, I didn't expect that just after beating Jiahe to the point where he was powerless, Zou Minhuai ushered in a more powerful new opponent Lei Juekun, relying on the nearly 10 billion family foundation of the Lei family in Kowloon, the Golden Princess Art City just joined forces to trample Jiahe under his feet, and he was out of breath for several years.
Golden Harvest's performance is not as brilliant as its rival Xinyicheng, and Golden Harvest's listing plan has been delayed again and again, and it even has to explore and open up a broader overseas market. I have to say that Zou Minhuai's plan is correct. Although in the years before 87, Golden Harvest lost its leading position in Hong Kong under the continuous attack of New Arts City, and was eaten away by New Arts City to have a lot of influence in Taiwan and Southeast Asia. However, the persistent opening up of the Japanese and South Korean markets has brought an astonishing gross profit of hundreds of millions to Golden Harvest every year, and the road to enter the United States, which has been constantly hitting a wall and constantly groping, has also brought more than 300 million Hong Kong dollars of profits to Golden Harvest with the successful release of "Teenage Mutant Ninja Turtles" they invested in the year before last.
While Golden Harvest is getting stronger, the opponent Golden Princess Art City, who once overwhelmed them, has been seriously ill and hospitalized with the infighting of the Big Three, and it has already shown sunset
But no one expected that just when he saw that Jiahe was about to drag down an old opponent again, he looked around and suddenly found that a new challenger had emerged.
"Old man, look away" sighed in his heart, He Guanchang was born and comforted: "Hong Kong movies have changed too fast in recent years, it's just that we are distracted, the first two years have been focused on opening up overseas markets, but it was negligence in this port, which gave the Lin family and the Xiang brothers a chance"
Lin Xiaozhi and his Xinya have developed very fiercely in recent years, and it has only been three years since they were tied up, and they have developed a leather bag company into a giant with a market value of more than 4.3 billion Hong Kong dollars. Not to mention anything else, almost all of the movie scripts that have become popular in New Asia in the past few years are from Lin Xiaozhi, and Golden Harvest and many Hong Kong film companies are now copying the same set in New Asia's early years, which can be seen.
The Sheng film company that Wan'an boss Xiang brothers made up has also developed very ferociously in the past two years. At the end of the year before last, Golden Harvest actually noticed this, and for this reason, the four major theater chains also joined forces to suppress it, and the box office incident of "God of Gamblers" was a blow from the Hong Kong film industry to the invading Xiang brothers. I thought that the boycott of the film industry would cause some trouble for Sheng. No one expected that in the 90 years when Zhou Runfa boycotted the overlord contract and did not film for a year, Yongsheng still did not fall silent, and successively made five movies such as "Supreme Champion Talent", "Modern Rulai Divine Palm", "Gambler", etc., and took away a total of UR billion Hong Kong dollars at the box office from the main department, which is one line higher than the total box office data of the movies shot by Golden Harvest in Hong Kong in 90 years. Especially the "Gambler", which was only released in December, and now the box office of the movie is ferociously approaching 30 million Hong Kong dollars. has gradually adapted to the rise of Yongsheng in the Hong Kong film industry, and now no one can pretend not to see it.
Obviously, his words stabbed Zou Minhuai. He Guanchang obviously saw the gloomy and uncertain face of the other party, and he didn't speak for a while.
In December last year, it was rumored that Lin Xiaozhi established Media Asia Group and plotted to go public. Zou Wenhuai's temper began to fluctuate, and he was obviously stimulated by the same plan for the listing of Golden Harvest. It is not just an accident that I will suddenly be aroused by the report of "Cheng Pao" today. It is a coincidence or an accident, but in the past few days, the newspapers have been on the one hand the news of the soaring stock price of the newly listed Media Asia Group, and on the other hand, various securities analysts have analyzed and analyzed the reasons for the rise of the stock price of Media Asia.
Golden Harvest's reputation is not smaller than that of Media Asia, Zou Minhuai's qualifications are still above the slightly legendary Lin Xiaozhi, and Golden Harvest and Media Asia have good performance, and they also pay more attention to opening up markets in Japan, South Korea, Europe and the United States. is as proud as Zou Minhuai, no matter how you look at it, I feel that if it weren't for Golden Harvest never negotiating with the Hong Kong Stock Exchange, and giving the honor of Hong Kong's first listed film group to the junior Media Asia, I am afraid that the most beautiful person in the newspaper now should be him Zou Minhuai.
In Hong Kong, where money is paramount, even hundreds of thousands or millions of disputes can cause deaths, not to mention that this is more than 4 billion 'grievances'. You must know that he Zou Wenhuai has worked hard in the film industry for decades, and he has only earned a wealth of more than one billion.
It wasn't until the old man personally brewed him a cup of chrysanthemum tea to lower the fire and put it in front of him, and it took a lot of effort for Zou Wenhuai to suppress the anger in his heart.
"Xie Lu Xie ......"
He picked up the teacup, took a sip and put it down with a frown, and the whole person fell into the boss's chair, and only after a while did he ask: "Ah Chang, do you think I've been wrong in the past few years......
What Zou said in his words was 'I, not I, obviously referring to myself and not Jiahe.' He Guanchang sensitively grasped the meaning of his words, and after hearing the words, he pondered for a moment before replying: "It's not wrong, but I think we should change."
After the stock market crash in 87, under the sharp fall of Hong Kong's real estate, countless people summed up the experience of the past stock market crash, entered the real estate bubble, and became the receiver of the British capital that was constantly withdrawing, and Zou Minhuai was one of them.
Although the investment in a "Teenage Mutant Ninja Turtles" in the first two years has made Golden Harvest have been trapped with nearly 100 million Hong Kong dollars, Golden Harvest, which has a big family, should not have the problem of tight capital chain, but the fact is that only 100 million Hong Kong dollars of funds have been withdrawn for more than a year, and Golden Harvest has to choose to reduce production in Hong Kong to face the dilemma. The main reason for such a scene is that Zou Minhuai, at the instigation of his sons after 87 years, has withdrawn hundreds of millions of funds from Golden Harvest, and at the same time used Golden Harvest Cinemas as collateral, borrowed hundreds of millions of capital from banks, and scraped together almost one billion Hong Kong dollars to enter the property market without doing business.
It is said that interlacing is like crossing the sea, but it is not false at all. In the past few years, Zou Wenhuai has also partnered with others to develop a real estate building with funds in the real estate market, but unfortunately he didn't make any money because he was a novice. On the contrary, he relied on the rental of several office buildings that he had bought before, and made a small profit. It's just that after careful consideration, this profit is not as much as the profit of Golden Harvest's early years of shooting a few blockbusters.
In the past two years, the property market has been rising, and his sons are not interested in the film industry, and they are still encouraging him to continue to invest more money in the property market. Zou Wenhuai is old, he is already old this year, and the courage of the year has begun to wear off, otherwise he would not hesitate for this question.
He Guanchang actually does not agree with Zou Minhuai's investment in the property market, not that he is not optimistic about the direction of the Hong Kong property market, in fact, he also privately used half of his life savings to maintain the value of several properties. It's just that Zou Minhuai is different from him, he not only represents himself, but also represents the entire Jiahe company. A large amount of money was withdrawn to speculate in the house, not to mention that if there is another investment in the 'Ninja Turtles, the problem of tight capital chain encountered when encountering will be the life of Golden Harvest.
At that moment, he seriously persuaded him: "The filming cycle of the movie is short, and the return of money is fast." Although there is a certain amount of investment risk, if we carefully check the script with the actors and directors, we can get returns in most cases. In contrast, the development cycle of the property market is longer, and even after the finished house is built, it is not possible to sell it all within a month or two, and the profit may be higher, but the return is too slow. The dilemma I encountered when investing in "Teenage Mutant Ninja Turtles" is an example, old man, if you can, I suggest that you sell some real estate and office buildings to recoup the funds, and let's continue to make movies. You have also seen the situation of Media Asia, the Hong Kong film market has a lot to offer......"
The reason why Golden Harvest's listing plan has been delayed is that Golden Harvest Cinemas is the key. Zou Wenhuai hopes to bypass the cinema chain and only list as a film company, while the Hong Kong Stock Exchange hopes that Golden Harvest can also include the cinema chain for performance considerations, and does not attach importance to the plan of Golden Harvest Films to be listed separately. Because the profits of Golden Harvest Film Company have been unstable, compared to Golden Harvest Cinema Line, which is not only the first of the four major cinema chains in Hong Kong, but also has a high annual profit, and many of the theaters built by Golden Harvest in the early years were directly bought and built underground. It's a pity that Zou Minhuai picked up the Golden Harvest Cinema Line and mortgaged it with the bank in exchange for a loan to build a building, unless he gave up the loan, the Golden Harvest Cinema Line would never appear in the listing list, which is also a contradiction that the two sides have been unable to avoid.
"Movie......" Zou Wenhuai smiled bitterly, the movie tycoon suddenly realized that I don't know when the film industry, which should have been the main business, but I don't know when Lu Dao's position in his heart began to be affected by the property market. Looking at Media Asia again, Lin Xiaozhi has acquired and invested in several film companies, and bought the copyrights of more than 100 films, so that Media Asia has the top three film sources in Hong Kong. The acquisition of Mayer Records, the largest videotape and film distribution company in Hong Kong, has inherited all its distribution channels in Southeast Asia, Hong Kong and Taiwan, and has successively acquired two film special effects processing companies, including SI and New Vision Studios, so that Media Asia has the ability to process film special effects. In addition to a publishing company that is not very famous, even the acquired Cheng Pao Newspaper Group has also made a lot of contributions to Lin Xiaozhi's publicity.
Looking back carefully on Media Asia's development strategy, he found that Lin Xiaozhi has been walking very steadily. Almost every step revolves around the movie, constantly improving his film empire from upstream to downstream, and then seeing that he was provoked by a few juniors, he completely forgot that his main business was in the film industry, and he took the liberty of transferring hundreds of millions of funds, and also took up the mortgage of Jiahe Cinema Line to make up a billion loans, and broke into the real estate industry that he was not familiar with.
Maybe...... I don't lose a loss
suddenly had such a realization in my heart, Zou Minhuai was the big man in the Hong Kong film industry, and soon made a decision, "You are right, I was a little unprofessional in the first two years"
He sighed, picked up the chrysanthemum tea in front of him, blew the hot air and took a sip, and after putting down the cup, his voice was sonorous again: "I have been making movies for decades, and I didn't expect that there would be such a day when I would need juniors to teach me a lesson." Ah Chang, you will help me to tell Ah Long and Sanmao, ask them to come to the company, and say that I have something to say......"
After untying the knot in his heart, Zou Wenhuai's cloudy gaze regained firmness. Looking at the old guy in front of him who had regained his self-confidence, He Guanchang smiled and nodded, he knew that the old guy who had only 300,000 and was confident to lead them to defeat the tycoon Shao Yifu was back
Golden Harvest is not the only one stimulated by the listing of Media Asia, but also the New Arts City, one of the three giants of Hong Kong films.
“…… My father was seriously ill and admitted to the hospital, after which Lei temporarily took over Princess Jin. During this time, I have been familiar with and running-in, but fortunately, everyone cooperated, and finally figured out the company's situation during this time, and only then held today's meeting...... "In the conference room of the Golden Princess Company, Lei Qizheng, who rarely sees people, rarely appeared in the company, and took the initiative to contact Wu Zhaocan, president of the Golden Princess Cinema Line, to hold a meeting with the three giants of the new art city, so that the invited people were confused, and they didn't know what nerves the Lei family had.
Since his father Lei Juekun was seriously ill and admitted to the hospital, Lei Qizheng has temporarily taken over the Golden Princess Company for some time. Because the Kowloon Lui family owns 'Kowloon Bus Bus, and 'Kowloon Urban Construction', two major listed companies, and is also one of the shareholders of 'Kowloon MTR' (Kowloon MTR is a holding subsidiary of the Lower Railway Company), with assets of billions of Hong Kong dollars. Naturally, he didn't look down on Princess Jin's family business, so he didn't care about the new art city under his name, and he never reconciled Huang Baiming and Mecca's infighting, and even had the idea of selling Princess Jin and cashing out with Xinyi City immediately after his father was a hundred years old.
However, as soon as Media Asia went public, a film group that it didn't care about in the first place, its market value soared to more than 4 billion Hong Kong dollars in just a few days after it was listed, which was not much better than the two listed companies of the Lei family. Immediately, Lei Qizheng, who couldn't look down on the little profit of the movie, was dumbfounded. After quickly putting aside his arrogance and seriously researching the film industry, he suddenly became a little interested in movies. Originally, after waiting for his father for a hundred years, the idea of selling the Golden Princess and the new art city has also changed, and now Lei Qizheng has only one idea in his head, that is, to carefully package the Golden Princess to be successfully listed, and then cash out to make a huge amount of money and run away.
It's just that if you want to package the Golden Princess to be listed, the infighting of the three giants of Xinyicheng is a troublesome problem that he can't get around if he wants to, but fortunately, after Lei Qizheng hollowed out his head, he really came up with a good solution, which led to today's meeting.
It's a pity that after a few people came after receiving a call, they didn't give him much face. Lei Qi was talking nonsense on it, and Wu Zhaocan and Shi Tian kept looking at the teacup in front of them, as if the cup had a great attraction to the two of them. Mecca was even more excessive, holding her chin with one hand, and constantly touching her big bald head with the other, occasionally her eyes fell on Huang Baiming and Lei Qizheng's bodies and then turned to other directions.
"Lei Sheng, I don't know what you have to say to us today...... Among the three giants of the new art city, Mecca is unruly and Shi Tian is withdrawn, but Huang Baiming has the best temper, so seeing that everyone in the conference room didn't buy it, he was the first to give Lei Qizheng a step down.
Finding that a few people were not very face-saving, Lei Qizheng was a little annoyed in his heart, and his face sank. However, he invited a few people over today, so naturally there was something going on. As soon as I thought of his previous plan, I was unhappy and faded a little. Immediately suppressed the anger and continued: "...... In all walks of life, the most taboo is to cross the line, because the line is like the sea. My father was seriously ill and had to be hospitalized, and I temporarily took over Princess Jin, and I didn't know much about the situation inside, and it took a lot of effort to figure out the operation of the film company and the theater chain. Of course, the responsibility lies with me, and here I apologize to everyone, and I hope you don't take it to heart......"
As soon as his words fell, not only Mecca and Wu Zhaocan were shocked, but even Shi Tian, who rarely dealt with him, looked at him with surprise, I don't know how the eldest young master of the Lei family, who had never given them a good look before, changed his sex today.
However, although he didn't know what kind of medicine he sold in his gourd, Wu Zhaocan still gave a face-saving sentence, lest he not be able to get off the stage: "Where does Lei Sheng say, is it like interlacing like a sea, and it is necessary to be cautious." I don't know what instructions Lei Sheng has today......"
Lei Qizheng nodded at him, and then his eyes swept over Mecca, Huang Baiming, and Shi Tian in turn, and then said slowly: "Our Golden Princess used to be the largest film company in Hong Kong, not only has the best film production company - New Art City, but also has the best cinema chain - Golden Princess, these are the credits of Mr. Mai, Mr. Wu, and you. It's just that there are contradictions where there are people, and our Golden Princess is inevitably vulgar, because of some problems, I heard that there were some small awkwardness between Mr. Mai, Huang Sheng, and Shi Sheng. I don't know if the three of them can give Lei a certain face today, let's expose this matter......"
What answered him was a cold snort and two suddenly sharp gazes, Mecca glanced at Huang Baiming and turned his face away with a cold snort, and at the same time, Shi Tian, who had not spoken, and Huang Baiming, who had a gentle attitude, also changed their expressions with his words.