Hong Kong's new giants
Chapter 408 [The Rise of Hong Kong Culture]
The next day.
Stores that sell audio-visual discs and tapes in Hong Kong have people waiting at the door early.
The owner of a store came to the store, a little surprised, and tentatively asked: "Are you buying Li Zhenxian's album?"
It immediately resonated with everyone!
"The boss also watched the "Music Bank" program yesterday?"
"I have to watch it every week!"
"Then do you have Li Zhenxian's album here?"
"Of course, the goods just arrived two days ago, and there are posters!"
Dozens of people were pleasantly surprised. They listened to a song last night and were so excited that they almost couldn't sleep the whole night. They hoped that today they could listen to Li Zhenxian's songs endlessly for the first time.
The store owner is also very happy, and it seems that he is going to make a lot of money recently!
From that day on, Li Zhenxian began to promote his album everywhere, went to Asia TV, Asia TV, and Hong Kong Commercial Radio to make announcements, accepted interviews from print media and magazines, held album signings, road shows, and commercial performances.
After more than a week of publicity in Xiangjiang, Li Zhenxian had to go to Taiwan to promote, and ATV used a lot of resources there.
This time, Li Zhenxian's album will be released all over Asia. ATV has invested huge manpower and material resources; it's not that the management of ATV is very optimistic about Li Zhenxian, but Lin Zuhui's hand-picked arrangement. The boss of ATV attaches great importance to Li Zhenxian.
The reason is very simple, if Li Zhenxian succeeds, then his "Hong Kong culture revitalizes Hong Kong" has made a good start; if Li Zhenxian fails to become popular in Asia, then Lin Zuhui's confidence will be hit by a third.
After all, as far as Lin Zuhui knows, the first Korean wave to open up the mainland market in his previous life was the two songs "Wow" and "Change" by Li Zhenxian.Although South Korea has introduced the HOT combination to the mainland market before, it is far from being able to compare with Lee Jung Hyun, who was a year later.
After two days of publicity and fermentation over the weekend, Lee Jung Hyun was completely popular, and the two songs "Wow" and "Replacement" were also popular, and people began to rush to buy the "Let's go to My Star" album.
Fortunately, YG Entertainment produced 100 million copies of Lee Jung Hyun's album in advance this time, and they can re-produce at any time in the future.
Monday, May 7.
When Lin Zuhui came to the office, newspapers were already prepared on the desk, and today he also prepared a serialized comic book—"Manke SHOW".
Let's put aside the matter of comics, first find the "Economic Daily" and read it.
Just yesterday, China and Britain initialed the Memorandum of Understanding on the Construction of the New Xiangjiang Airport and Related Issues.
It is foreseeable that a new round of upsurge in securities and real estate is about to break out today.
In the first half of this year, Xiangjiang's stock market rose by [-]%, and real estate also rose by more than [-]%.
According to the current situation, this year Xiangjiang's stock market will skyrocket by 4%, and the housing market will skyrocket by more than 5%.
After reading the newspaper for a while, Lin Zuhui picked up "Manke SHOW", which is a new comic serial published by Wanhui Comics, similar to "Weekly Shonen Jump" in Japan.
Of course, the sales volume of Xiangjiang’s best-selling comic publication is only 20, while the sales volume of “Weekly Shonen Jump” is around 500 million; through this comparison of data, it shows that Xiangjiang’s comics industry is not weak at all.However, Xiangjiang's comics are too bloody and violent, so it is difficult to sell as well as Japanese comics in the world.
It's different now. "Manke Show" will follow the style of the Japanese manga series (Japanese manga in Hong Kong are as popular as local manga), and also incorporate a lot of Chinese culture.
Lin Zuhui quickly read the series of "Detective Conan". He found the comments without past life memories very attractive, and the quality of the picture quality was relatively high.
Next, it is to see the market reaction!
The animation of "Detective Conan" also started production in Japan, because Wanhui Comics acquired a Japanese animation studio.There is no problem in producing in Japan. Now is not the Internet age. Even if the finished animation is leaked, it is impossible for Japanese TV stations to broadcast it. This is related to copyright issues.After the production is completed, of course it will be broadcast first on ATV!
Relying on Xiangjiang's market alone, Wanhui Comics' investment in "Manke SHOW" and its surrounding areas will suffer losses.Of course, it is impossible to only have the market of Xiangjiang. Wanhui Media already has a large number of overseas market resources.
Putting down "Manke SHOW", Lin Zuhui smiled in satisfaction.
Wanhui Media began to transform gradually, entered the comics industry, and led the general policy of "prospering Hong Kong with comics";
ATV began to go out of Hong Kong, lay out the layout of "Hong Kong culture and prosperity", and vigorously develop the entertainment industry;
Coupled with the ongoing layout of "Rejuvenating Hong Kong with Traditional Chinese Medicine", Lin Zuhui's three "Proposals for Revitalizing Hong Kong" will bring him huge influence and status.
On the same day, the Xiangjiang stock market really rose in response, rising to more than 3750 points, an increase of 2%.
Wireless TV, now it is no longer the wireless TV station that has dominated for more than 20 years, and is now on the decline.Today, the ratings of Xiangjiang TV Station are ATV 6: Wireless 4, and sometimes it has formed a situation of [-] to [-].
The most important thing is that TVB is trying to catch up, but it feels powerless; because ATV already owns Asia Satellite TV and enjoys great influence overseas.
Fang Yihua walked into Uncle Shao's office with a shocked face and a record in his hand.
"Shaw, ATV's YG Entertainment has made great efforts. They released a female singer. Only four days after their debut, the record sales have already exceeded 10 copies. It's like the Taiwan Island Tigers!"
For a long time, people in the industry have been very curious about YG Entertainment, a subsidiary of ATV, what kind of subsidiary it is.It has been established for so long, and there are no works or artists. According to people from ATV, the company consumes more than 3000 million yuan a year.
Everyone only knows that YG Entertainment recruits trainees every year, thinking it is the same as artist training classes.But in fact, ATV's artist training classes are held together every year.
Shao Liushu is 84 years old this year, and he is still the chairman of the board of directors of TVB. He originally planned to do less work in the past few years, but he didn't expect that ATV suddenly emerged, so he had to worry about more things.
However, no matter how powerful they are, they still can't handle ATV's good shows and big money.
Two years ago, everyone thought that ATV's silver bullet would be exhausted sooner or later, and TVB would have no rivals; now it seems that it is just wishful thinking of the rivals.
ATV's advertising fee has already greatly exceeded that of TVB, and the copyright fee is even more frighteningly high.
In particular, ATV's satellite TV station was the first to be launched, which caused TVB to be thrown into the [-]th hell.Even if Wireless wants to enter the satellite TV field, there is currently no satellite receiver lease, at least one or two years is no chance.
Sixth Uncle Shao has long been used to Lin Zuhui's astonishing actions. YG Entertainment only invests but not returns every year. The person behind it is definitely Lin Zuhui.
"This is what Lin Zuhui said about 'rejuvenating Hong Kong with Hong Kong culture'. Over the past year, everyone has responded enthusiastically to 'rejuvenating Hong Kong with Hong Kong culture'. It is a pity how much progress has been made in Hong Kong's entertainment industry with the efforts of the whole of Hong Kong. And Lin Zuhui When he put forward this slogan, he was actually already preparing his own 'Hong Kong Stream Culture', he was creating a new genre of 'Entertainment Culture'. Awesome, I am convinced!"
Shao Liushu has seen Li Zhenxian's performance, and it is obviously not Xiangjiang, or even any style in Asia or the world.From his seasoned point of view, this style incorporates too many elements.
Fang Yihua was not surprised to see that Uncle Shao admired Lin Zuhui so much. Although the two TV stations were competitors, it did not affect their private relationship.When Lin Zuhui met Sixth Uncle Shao, he must be humble and respectful, and would not bully others.
"It's too early to talk about 'new genre'! I heard that they will debut with a 5-member male team in July. I don't know what style it will be!"
"Everything is the same, singing and dancing, suitable for young people, strong sense of rhythm. Probably these, you let the TVB people also prepare an entertainment company! It doesn't matter if we don't understand, YG Entertainment has ready-made teachers to recruit people Let's go! Lin Zuhui's big move that has been in preparation for several years is definitely worth learning. It is said that ATV is still preparing a series, which is also very important to Lin Zuhui. Do more research and follow suit! Hong Kong's cultural prosperity, since he proposed it Yes, we are also Hong Kong people, so there is no reason not to do it!"
If Lin Zuhui heard Shao Liushu say these words, he would definitely give a thumbs up and say, 'You can do it! '
Fang Yat-hua nodded, she already felt that ATV's success was not accidental, TVB must not sit still.Well, the best way is to learn from others!
In Lin Zuhui's office, Zheng Yutong came to visit.
The two sat on the sofa and sipped their tea. Among the millionaires in Xiangjiang, only Zheng Yutong was not a workaholic.Li Chaoren was in Deep Water Bay after six o'clock, and he would definitely arrive at the company before eight o'clock.Only Zheng Yutong arrives at New World's office almost every day after nine o'clock.
Not only that, Zheng Yutong actually handed over the power of New World Development to Zheng Jiashun in 1989.
It's a pity that Zheng Jiachun is a little bit 'can't afford to support Ah Dou', and has made many mistakes in the past two years.
From Lin Zuhui's point of view, New World Development has invested nearly 50 billion in hotels in the past two years, and has hardly made efforts in reserve land, which is the biggest reason for the failure.
Lin Zuhui has not been keen on hotels for the past two years. Fortunately, he only invested less than 5 million in hotels in the United States and Singapore.Looking at it now, the hotel industry in Canada and the United States is really not making money. The annual profit rate is about 6%, which is only a little higher than the interest rate, and it is not as good as the loan interest rate.
This spring, Zheng Yutong saw that the development of New World was seriously wrong. The first was that the debt was too high by nearly 100 billion, and the second was that the profit was too low. He immediately chose to come out of the mountain again, so he had been working for several months, and the media also discovered this situation. .
Now it seems that it is going to come out of the mountain completely!
Zheng Yutong was still smiling, and didn't seem to be troubled by those things.Of course, he didn't need to worry about the appreciation of real estate.
"That YG Entertainment seems to be very powerful, and the newly launched one is quite popular recently!" As the second shareholder, Zheng Yutong is very satisfied with ATV's investment.
At that time, the investment was less than 5 million, and 6 million had already been cashed out (before the listing, 20% of the shares were sold to Lin Zuhui), and now the value of the shares in hand still looks like 12 billion.
Lin Zuhui said with a smile: "At present, it seems that the results are relatively good! But the success of one person is difficult to define the success of YG Entertainment! Asia Satellite TV is doing very well, and it is expected to exceed 2000 million viewers by the end of the year. Reaching more than 5 million Hong Kong dollars, the net profit will also be around 3 million."
"so smart?"
Lin Zuhui nodded!
In the previous life, before Li Chaoren’s satellite TV was sold to Murdoch, in less than 20 months, the satellite TV’s advertising revenue was 3.6 million U.S. dollars, and the annual cost of maintaining five channels was 0.8 million U.S. dollars (excluding option investment, etc.) cost, that is, the investment in the program), the business situation is good.
Lin Zuhui seriously suspects that Li Chaoren was sold to Murdoch because four channels of his satellite TV broadcast American TV programs, and he was pressured and criticized by the mainland (involving certain factors), thus turning this hot Sweet potatoes are sold.
Otherwise, how could such a profitable business be willing to sell.
Zheng Yutong said: "No wonder ATV's stock has grown so fast recently, it's more than 60 billion! If you really start that YG Entertainment, ATV's market value will not be 100 billion!"
Lin Zuhui smiled and said: "You have underestimated this industry, not to mention other followers, even the industry we have laid out, can also push the market value of ATV to more than 100 billion. There is also the relationship between satellite TV, I think that in the future 200 Billion is also promising! Of course, this is a long-term investment!"
Bragging, it's not illegal anyway!
In the previous life, the highest market value of wireless was more than 150 billion, and ATV is definitely more than that. In the future, 500 billion is possible!In the future, overseas income will be several times that of local income.
Zheng Yutong secretly sighed that this investment is really worthwhile!
Then, Zheng Yutong talked about the visit.
"By the way, New World Development wants to sell some shops and high-end residences. Are you interested?"
Lin Zuhui had actually guessed it, and said with a smile: "Of course I am interested. I am not interested in ordinary residential units. How many other investment properties are there and how much can I eat? Of course, they are all my personal investments and have nothing to do with New Times Group! As for As for the price, Uncle Tong, you have the final say!"
Even if Zheng Yutong drives a little higher, the price will be a little premium at most, and it will rise back at the end of the year!
"Okay, it's mainly the Meiheng Store and part of the rights to No. 12 May Road!"
Lin Zuhui nodded and said: "You guys prepare the materials later, I'll ask someone to look at it, and then sign the contract directly! In the future, if Uncle Tong sells the property, you can notify me. You know my style in this regard, and we will not cooperate." Gaps and unpleasantness!"
"Haha, you! You all know that I am selling the property and taking the initiative to reduce my debts?" Zheng Yutong said generously.
Yes, what Lin Zuhui said actually revealed that New World Development would sell the property to reduce debts. Of course, he guessed Zheng Yutong's thoughts.
Lin Zuhui said with a smile: "I know you don't like rights issue to raise funds, and now you are coming out of the arena again, of course it is because of the debt! Speaking of which, I added 10 billion to the debt of New World Development for you !"
Zheng Yutong said with satisfaction: "The building in Central is very worth it!"
In Central, land is expensive, and when they bought two small buildings from Wing On Group, New World Group immediately negotiated with Liao Chongxing, and soon obtained a first-class commercial building of 56 square feet (after the three buildings were merged and rebuilt).
New World Development, this investment is definitely worth it!
After Zheng Yutong left, Lin Zuhui thought about it for a while, and decided to buy part of the rights and interests in No. 12 May Road for his own women to buy and fund it himself.
No. 12 May Road is a high-end residential building in the mid-levels. Cheng Jiachun spent more than 7 million to buy the old building of Xiangjiang Foundation and rebuilt the high-end residential building.
The sale of New World Development must be the sale of part of the equity (sale by unit), and Lin Zuhui knows that starting from the second quarter of next year, the high-end residential buildings in Xiangjiang will soon explode. The unit price of luxury houses in Mid-Levels will be around 1993-6000 yuan per square foot.
That is to say, high-end residential properties will see a sharp rise next year. This year, only mid-to-low-end residential prices are skyrocketing (including Whampoa Gardens and Taikoo Shing), and the growth rate of high-end residential buildings is not as large as that of ordinary residential buildings.
Now every year, Lin Zuhui will invest assets in those eight fairies, so that their assets will start to rise slowly.
Stores that sell audio-visual discs and tapes in Hong Kong have people waiting at the door early.
The owner of a store came to the store, a little surprised, and tentatively asked: "Are you buying Li Zhenxian's album?"
It immediately resonated with everyone!
"The boss also watched the "Music Bank" program yesterday?"
"I have to watch it every week!"
"Then do you have Li Zhenxian's album here?"
"Of course, the goods just arrived two days ago, and there are posters!"
Dozens of people were pleasantly surprised. They listened to a song last night and were so excited that they almost couldn't sleep the whole night. They hoped that today they could listen to Li Zhenxian's songs endlessly for the first time.
The store owner is also very happy, and it seems that he is going to make a lot of money recently!
From that day on, Li Zhenxian began to promote his album everywhere, went to Asia TV, Asia TV, and Hong Kong Commercial Radio to make announcements, accepted interviews from print media and magazines, held album signings, road shows, and commercial performances.
After more than a week of publicity in Xiangjiang, Li Zhenxian had to go to Taiwan to promote, and ATV used a lot of resources there.
This time, Li Zhenxian's album will be released all over Asia. ATV has invested huge manpower and material resources; it's not that the management of ATV is very optimistic about Li Zhenxian, but Lin Zuhui's hand-picked arrangement. The boss of ATV attaches great importance to Li Zhenxian.
The reason is very simple, if Li Zhenxian succeeds, then his "Hong Kong culture revitalizes Hong Kong" has made a good start; if Li Zhenxian fails to become popular in Asia, then Lin Zuhui's confidence will be hit by a third.
After all, as far as Lin Zuhui knows, the first Korean wave to open up the mainland market in his previous life was the two songs "Wow" and "Change" by Li Zhenxian.Although South Korea has introduced the HOT combination to the mainland market before, it is far from being able to compare with Lee Jung Hyun, who was a year later.
After two days of publicity and fermentation over the weekend, Lee Jung Hyun was completely popular, and the two songs "Wow" and "Replacement" were also popular, and people began to rush to buy the "Let's go to My Star" album.
Fortunately, YG Entertainment produced 100 million copies of Lee Jung Hyun's album in advance this time, and they can re-produce at any time in the future.
Monday, May 7.
When Lin Zuhui came to the office, newspapers were already prepared on the desk, and today he also prepared a serialized comic book—"Manke SHOW".
Let's put aside the matter of comics, first find the "Economic Daily" and read it.
Just yesterday, China and Britain initialed the Memorandum of Understanding on the Construction of the New Xiangjiang Airport and Related Issues.
It is foreseeable that a new round of upsurge in securities and real estate is about to break out today.
In the first half of this year, Xiangjiang's stock market rose by [-]%, and real estate also rose by more than [-]%.
According to the current situation, this year Xiangjiang's stock market will skyrocket by 4%, and the housing market will skyrocket by more than 5%.
After reading the newspaper for a while, Lin Zuhui picked up "Manke SHOW", which is a new comic serial published by Wanhui Comics, similar to "Weekly Shonen Jump" in Japan.
Of course, the sales volume of Xiangjiang’s best-selling comic publication is only 20, while the sales volume of “Weekly Shonen Jump” is around 500 million; through this comparison of data, it shows that Xiangjiang’s comics industry is not weak at all.However, Xiangjiang's comics are too bloody and violent, so it is difficult to sell as well as Japanese comics in the world.
It's different now. "Manke Show" will follow the style of the Japanese manga series (Japanese manga in Hong Kong are as popular as local manga), and also incorporate a lot of Chinese culture.
Lin Zuhui quickly read the series of "Detective Conan". He found the comments without past life memories very attractive, and the quality of the picture quality was relatively high.
Next, it is to see the market reaction!
The animation of "Detective Conan" also started production in Japan, because Wanhui Comics acquired a Japanese animation studio.There is no problem in producing in Japan. Now is not the Internet age. Even if the finished animation is leaked, it is impossible for Japanese TV stations to broadcast it. This is related to copyright issues.After the production is completed, of course it will be broadcast first on ATV!
Relying on Xiangjiang's market alone, Wanhui Comics' investment in "Manke SHOW" and its surrounding areas will suffer losses.Of course, it is impossible to only have the market of Xiangjiang. Wanhui Media already has a large number of overseas market resources.
Putting down "Manke SHOW", Lin Zuhui smiled in satisfaction.
Wanhui Media began to transform gradually, entered the comics industry, and led the general policy of "prospering Hong Kong with comics";
ATV began to go out of Hong Kong, lay out the layout of "Hong Kong culture and prosperity", and vigorously develop the entertainment industry;
Coupled with the ongoing layout of "Rejuvenating Hong Kong with Traditional Chinese Medicine", Lin Zuhui's three "Proposals for Revitalizing Hong Kong" will bring him huge influence and status.
On the same day, the Xiangjiang stock market really rose in response, rising to more than 3750 points, an increase of 2%.
Wireless TV, now it is no longer the wireless TV station that has dominated for more than 20 years, and is now on the decline.Today, the ratings of Xiangjiang TV Station are ATV 6: Wireless 4, and sometimes it has formed a situation of [-] to [-].
The most important thing is that TVB is trying to catch up, but it feels powerless; because ATV already owns Asia Satellite TV and enjoys great influence overseas.
Fang Yihua walked into Uncle Shao's office with a shocked face and a record in his hand.
"Shaw, ATV's YG Entertainment has made great efforts. They released a female singer. Only four days after their debut, the record sales have already exceeded 10 copies. It's like the Taiwan Island Tigers!"
For a long time, people in the industry have been very curious about YG Entertainment, a subsidiary of ATV, what kind of subsidiary it is.It has been established for so long, and there are no works or artists. According to people from ATV, the company consumes more than 3000 million yuan a year.
Everyone only knows that YG Entertainment recruits trainees every year, thinking it is the same as artist training classes.But in fact, ATV's artist training classes are held together every year.
Shao Liushu is 84 years old this year, and he is still the chairman of the board of directors of TVB. He originally planned to do less work in the past few years, but he didn't expect that ATV suddenly emerged, so he had to worry about more things.
However, no matter how powerful they are, they still can't handle ATV's good shows and big money.
Two years ago, everyone thought that ATV's silver bullet would be exhausted sooner or later, and TVB would have no rivals; now it seems that it is just wishful thinking of the rivals.
ATV's advertising fee has already greatly exceeded that of TVB, and the copyright fee is even more frighteningly high.
In particular, ATV's satellite TV station was the first to be launched, which caused TVB to be thrown into the [-]th hell.Even if Wireless wants to enter the satellite TV field, there is currently no satellite receiver lease, at least one or two years is no chance.
Sixth Uncle Shao has long been used to Lin Zuhui's astonishing actions. YG Entertainment only invests but not returns every year. The person behind it is definitely Lin Zuhui.
"This is what Lin Zuhui said about 'rejuvenating Hong Kong with Hong Kong culture'. Over the past year, everyone has responded enthusiastically to 'rejuvenating Hong Kong with Hong Kong culture'. It is a pity how much progress has been made in Hong Kong's entertainment industry with the efforts of the whole of Hong Kong. And Lin Zuhui When he put forward this slogan, he was actually already preparing his own 'Hong Kong Stream Culture', he was creating a new genre of 'Entertainment Culture'. Awesome, I am convinced!"
Shao Liushu has seen Li Zhenxian's performance, and it is obviously not Xiangjiang, or even any style in Asia or the world.From his seasoned point of view, this style incorporates too many elements.
Fang Yihua was not surprised to see that Uncle Shao admired Lin Zuhui so much. Although the two TV stations were competitors, it did not affect their private relationship.When Lin Zuhui met Sixth Uncle Shao, he must be humble and respectful, and would not bully others.
"It's too early to talk about 'new genre'! I heard that they will debut with a 5-member male team in July. I don't know what style it will be!"
"Everything is the same, singing and dancing, suitable for young people, strong sense of rhythm. Probably these, you let the TVB people also prepare an entertainment company! It doesn't matter if we don't understand, YG Entertainment has ready-made teachers to recruit people Let's go! Lin Zuhui's big move that has been in preparation for several years is definitely worth learning. It is said that ATV is still preparing a series, which is also very important to Lin Zuhui. Do more research and follow suit! Hong Kong's cultural prosperity, since he proposed it Yes, we are also Hong Kong people, so there is no reason not to do it!"
If Lin Zuhui heard Shao Liushu say these words, he would definitely give a thumbs up and say, 'You can do it! '
Fang Yat-hua nodded, she already felt that ATV's success was not accidental, TVB must not sit still.Well, the best way is to learn from others!
In Lin Zuhui's office, Zheng Yutong came to visit.
The two sat on the sofa and sipped their tea. Among the millionaires in Xiangjiang, only Zheng Yutong was not a workaholic.Li Chaoren was in Deep Water Bay after six o'clock, and he would definitely arrive at the company before eight o'clock.Only Zheng Yutong arrives at New World's office almost every day after nine o'clock.
Not only that, Zheng Yutong actually handed over the power of New World Development to Zheng Jiashun in 1989.
It's a pity that Zheng Jiachun is a little bit 'can't afford to support Ah Dou', and has made many mistakes in the past two years.
From Lin Zuhui's point of view, New World Development has invested nearly 50 billion in hotels in the past two years, and has hardly made efforts in reserve land, which is the biggest reason for the failure.
Lin Zuhui has not been keen on hotels for the past two years. Fortunately, he only invested less than 5 million in hotels in the United States and Singapore.Looking at it now, the hotel industry in Canada and the United States is really not making money. The annual profit rate is about 6%, which is only a little higher than the interest rate, and it is not as good as the loan interest rate.
This spring, Zheng Yutong saw that the development of New World was seriously wrong. The first was that the debt was too high by nearly 100 billion, and the second was that the profit was too low. He immediately chose to come out of the mountain again, so he had been working for several months, and the media also discovered this situation. .
Now it seems that it is going to come out of the mountain completely!
Zheng Yutong was still smiling, and didn't seem to be troubled by those things.Of course, he didn't need to worry about the appreciation of real estate.
"That YG Entertainment seems to be very powerful, and the newly launched one is quite popular recently!" As the second shareholder, Zheng Yutong is very satisfied with ATV's investment.
At that time, the investment was less than 5 million, and 6 million had already been cashed out (before the listing, 20% of the shares were sold to Lin Zuhui), and now the value of the shares in hand still looks like 12 billion.
Lin Zuhui said with a smile: "At present, it seems that the results are relatively good! But the success of one person is difficult to define the success of YG Entertainment! Asia Satellite TV is doing very well, and it is expected to exceed 2000 million viewers by the end of the year. Reaching more than 5 million Hong Kong dollars, the net profit will also be around 3 million."
"so smart?"
Lin Zuhui nodded!
In the previous life, before Li Chaoren’s satellite TV was sold to Murdoch, in less than 20 months, the satellite TV’s advertising revenue was 3.6 million U.S. dollars, and the annual cost of maintaining five channels was 0.8 million U.S. dollars (excluding option investment, etc.) cost, that is, the investment in the program), the business situation is good.
Lin Zuhui seriously suspects that Li Chaoren was sold to Murdoch because four channels of his satellite TV broadcast American TV programs, and he was pressured and criticized by the mainland (involving certain factors), thus turning this hot Sweet potatoes are sold.
Otherwise, how could such a profitable business be willing to sell.
Zheng Yutong said: "No wonder ATV's stock has grown so fast recently, it's more than 60 billion! If you really start that YG Entertainment, ATV's market value will not be 100 billion!"
Lin Zuhui smiled and said: "You have underestimated this industry, not to mention other followers, even the industry we have laid out, can also push the market value of ATV to more than 100 billion. There is also the relationship between satellite TV, I think that in the future 200 Billion is also promising! Of course, this is a long-term investment!"
Bragging, it's not illegal anyway!
In the previous life, the highest market value of wireless was more than 150 billion, and ATV is definitely more than that. In the future, 500 billion is possible!In the future, overseas income will be several times that of local income.
Zheng Yutong secretly sighed that this investment is really worthwhile!
Then, Zheng Yutong talked about the visit.
"By the way, New World Development wants to sell some shops and high-end residences. Are you interested?"
Lin Zuhui had actually guessed it, and said with a smile: "Of course I am interested. I am not interested in ordinary residential units. How many other investment properties are there and how much can I eat? Of course, they are all my personal investments and have nothing to do with New Times Group! As for As for the price, Uncle Tong, you have the final say!"
Even if Zheng Yutong drives a little higher, the price will be a little premium at most, and it will rise back at the end of the year!
"Okay, it's mainly the Meiheng Store and part of the rights to No. 12 May Road!"
Lin Zuhui nodded and said: "You guys prepare the materials later, I'll ask someone to look at it, and then sign the contract directly! In the future, if Uncle Tong sells the property, you can notify me. You know my style in this regard, and we will not cooperate." Gaps and unpleasantness!"
"Haha, you! You all know that I am selling the property and taking the initiative to reduce my debts?" Zheng Yutong said generously.
Yes, what Lin Zuhui said actually revealed that New World Development would sell the property to reduce debts. Of course, he guessed Zheng Yutong's thoughts.
Lin Zuhui said with a smile: "I know you don't like rights issue to raise funds, and now you are coming out of the arena again, of course it is because of the debt! Speaking of which, I added 10 billion to the debt of New World Development for you !"
Zheng Yutong said with satisfaction: "The building in Central is very worth it!"
In Central, land is expensive, and when they bought two small buildings from Wing On Group, New World Group immediately negotiated with Liao Chongxing, and soon obtained a first-class commercial building of 56 square feet (after the three buildings were merged and rebuilt).
New World Development, this investment is definitely worth it!
After Zheng Yutong left, Lin Zuhui thought about it for a while, and decided to buy part of the rights and interests in No. 12 May Road for his own women to buy and fund it himself.
No. 12 May Road is a high-end residential building in the mid-levels. Cheng Jiachun spent more than 7 million to buy the old building of Xiangjiang Foundation and rebuilt the high-end residential building.
The sale of New World Development must be the sale of part of the equity (sale by unit), and Lin Zuhui knows that starting from the second quarter of next year, the high-end residential buildings in Xiangjiang will soon explode. The unit price of luxury houses in Mid-Levels will be around 1993-6000 yuan per square foot.
That is to say, high-end residential properties will see a sharp rise next year. This year, only mid-to-low-end residential prices are skyrocketing (including Whampoa Gardens and Taikoo Shing), and the growth rate of high-end residential buildings is not as large as that of ordinary residential buildings.
Now every year, Lin Zuhui will invest assets in those eight fairies, so that their assets will start to rise slowly.
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