When I am reborn in Hong Kong, I just want to lie down
Chapter 296 News Building
The real estate market is booming and the stock market is booming. Naturally, Hong Kong's economy is like a raging fire. Some companies see that it is very easy to raise funds now. If they borrow money from banks, they have to pay interest. However, the money raised does not require interest, and the payment is You can decide your own dividends, and at this time, for the sake of development, you can pay less or no dividends.
Just as the entire stock market began to vigorously raise funds through rights issues, Today's Media approached Sing Tao Group with the purpose of purchasing the News Building.
News Building is the only commercial building in Hong Kong named after the word "news". Li Bu has long wanted to buy this landmark building, and then combine Today Media's Today News Agency with Today's Morning Post, Today's Evening News, Today's Finance, Today's Publishing House, Eight subsidiaries of Today's Advertising Company and Printing Company moved here, and then the Today Building was rented out.
Not only does it have an office building, but it also has a rent-collecting property, which allows Today News to have sufficient funds to develop Today News Agency, allowing Today Media to have a healthy development.
Recently, Today Publishing House has launched several magazines, some for students, some for entertainment movies, some for young people, and several comic magazines.
Profits have increased significantly. If you have money, you must spend it. Otherwise, in a few years, banknotes will depreciate significantly.
In the News Building, the queen of the newspaper industry, Ms. Hu, received the negotiating team of Today's Media. After the two sides exchanged pleasantries, they began to get down to business.
"You want to buy the News Building?" She was a little surprised that the other party wanted to buy the News Building. She thought the other party wanted to acquire the Sing Tao Newspaper Group.
"Ms. Hu, we are very sincere."
Because the founder of Sing Tao Newspaper Group had a bad relationship with the mainland, after his death, Ms. Hu, who took over the Sing Tao Newspaper Group, was naturally wary of the mainland. Now she is taking capital steps, investing in overseas properties, and engaging in real estate speculation. Someone just happened to take over her news building.
"How much do you plan to pay?"
Since the other party is willing to inquire about the price, it means that they have the intention to sell. This is good news. If they refuse categorically, it will be out of luck.
"5000 million." The representative of the delegation quoted a market price and then said: "In cash, after signing the contract, half will be transferred directly to the account. After the transfer, the other half will be transferred directly to you."
"You have such a great reputation in the media today, but you are a bit stingy. 8000 million Hong Kong dollars."
"Ms. Hu, you are a senior in the newspaper industry, but since you said it, the 500 million Hong Kong dollars is ten points higher than the market price. Not everyone can come up with so much cash."
"The News Building can't be sold cheaply. This is my family's property. When the founder..."
"6000 million! If we at Today Media cannot receive it at this price, we will have to negotiate later."
Ms. Hu thought for a while and said: "For HK$500 million, I will sell it."
"Wait a moment, I'm going to make a call."
Soon after, someone from Today's Media came in and said, "Ms. Hu, we accept this price, when will the contract be signed."
"Today's media is indeed very generous and you can sign the contract at any time."
The next day, Today Morning News published such a news that in the near future, Today Media will move to the News Building, which will become the new headquarters of Today Media.
This news is better said to be an announcement. Although it was placed on the last page, it was still seen by interested people and caused a lot of discussion. The News Building can be said to be the symbol of Sing Tao Newspaper Group, and the result is this was sold.
What they want to know more is the price of the News Building in this transaction. It will definitely not be low.
"Boss, the media today asked us to move out as soon as possible. They want to move here as soon as possible."
"Then let's start moving. These people are really impatient and can't wait for a moment." However, she just said it in words. This time, the premium was nearly 30%, and she was very happy in her heart.
"Boss, do we need to spend such a large sum of money to buy this old building?"
Li Bu sat there, reviewing the report. After listening to the questions, he put down the report and said: "The real estate in Xiangjiang has at least ten years left. This is a long-term investment, so naturally I don't care. It is an old building now and will be demolished in the future. It would be good to demolish it and rebuild it, and we can buy the old buildings around it and build a bigger one.”
He didn't say that next year, someone would pay HK$7000 million to buy the News Building, but he didn't care about that time.
"Ask the owners of the surrounding buildings if they have any intention of selling. We can also buy them and merge them with the buildings for reconstruction in the future."
Not long after, a tabloid published a photo of the relocation of Sing Tao Newspaper Group. The newspaper was extremely satirical, but did not quote much of the transaction price.
Another tabloid reported that the transaction price of the News Building was HK$500 million, [-]% higher than the market price. It said that Mingming Island Newspaper Group had made a profit this time, so no wonder it would sell its headquarters.
Although the people of Hong Kong regard this news as a topic of conversation after dinner, some discerning people can see from it that Sing Tao Newspaper Group is no longer as good as today's media and is declining day by day.
The top three newspaper groups now are Sing Tao Press Group, Today Media Group, and Oriental Press Group; the most influential one is Ming Pao Newspaper Group. In fact, in terms of influence in the world, Today Media Group must be First, then Sing Tao Press Group, and the second-ranked Sing Tao Press Group only has a greater influence in Southeast Asia.
Today's News Agency is becoming increasingly powerful in the world. However, due to its relatively short history, it is not as influential as other major news agencies. However, it is also gaining more and more attention in mainstream countries.
Li Bu returned home for dinner. At the dinner table, Liang Xiaoshi said: "Many people say that we are rich (people), stupid, angry (money) and thick (many)."
Li Bu smiled and said: "From now on, we will be the number one newspaper group in Xiangjiang." Seeing his proud look, Xiao Shi was very angry. This guy often spends money randomly; he doesn't know if he will lose money.
"Don't worry, housing prices in Xiangjiang will definitely rise, but it's just that our return is slower."
"I hope so."
"Brother Bu, what did you buy again?" Guan Jiahui was a little excited. She liked property the most.
Li Bu said with a smile: "Today Media bought the News Building, and it will be the headquarters of Today Media from now on."
"Brother Bu, you are so awesome. This is the only building in Hong Kong named after news!" She has been studying real estate and closing properties in Hong Kong for a long time, so she naturally knows this building.
"Be good! Xiangjiang Global Cinema is about to open. Do you want to go and play? I will take you there for a few days before the opening so that you can experience it first." Li Bu remembered that the first phase of Global Cinema has been built, so he said out.
Just as the entire stock market began to vigorously raise funds through rights issues, Today's Media approached Sing Tao Group with the purpose of purchasing the News Building.
News Building is the only commercial building in Hong Kong named after the word "news". Li Bu has long wanted to buy this landmark building, and then combine Today Media's Today News Agency with Today's Morning Post, Today's Evening News, Today's Finance, Today's Publishing House, Eight subsidiaries of Today's Advertising Company and Printing Company moved here, and then the Today Building was rented out.
Not only does it have an office building, but it also has a rent-collecting property, which allows Today News to have sufficient funds to develop Today News Agency, allowing Today Media to have a healthy development.
Recently, Today Publishing House has launched several magazines, some for students, some for entertainment movies, some for young people, and several comic magazines.
Profits have increased significantly. If you have money, you must spend it. Otherwise, in a few years, banknotes will depreciate significantly.
In the News Building, the queen of the newspaper industry, Ms. Hu, received the negotiating team of Today's Media. After the two sides exchanged pleasantries, they began to get down to business.
"You want to buy the News Building?" She was a little surprised that the other party wanted to buy the News Building. She thought the other party wanted to acquire the Sing Tao Newspaper Group.
"Ms. Hu, we are very sincere."
Because the founder of Sing Tao Newspaper Group had a bad relationship with the mainland, after his death, Ms. Hu, who took over the Sing Tao Newspaper Group, was naturally wary of the mainland. Now she is taking capital steps, investing in overseas properties, and engaging in real estate speculation. Someone just happened to take over her news building.
"How much do you plan to pay?"
Since the other party is willing to inquire about the price, it means that they have the intention to sell. This is good news. If they refuse categorically, it will be out of luck.
"5000 million." The representative of the delegation quoted a market price and then said: "In cash, after signing the contract, half will be transferred directly to the account. After the transfer, the other half will be transferred directly to you."
"You have such a great reputation in the media today, but you are a bit stingy. 8000 million Hong Kong dollars."
"Ms. Hu, you are a senior in the newspaper industry, but since you said it, the 500 million Hong Kong dollars is ten points higher than the market price. Not everyone can come up with so much cash."
"The News Building can't be sold cheaply. This is my family's property. When the founder..."
"6000 million! If we at Today Media cannot receive it at this price, we will have to negotiate later."
Ms. Hu thought for a while and said: "For HK$500 million, I will sell it."
"Wait a moment, I'm going to make a call."
Soon after, someone from Today's Media came in and said, "Ms. Hu, we accept this price, when will the contract be signed."
"Today's media is indeed very generous and you can sign the contract at any time."
The next day, Today Morning News published such a news that in the near future, Today Media will move to the News Building, which will become the new headquarters of Today Media.
This news is better said to be an announcement. Although it was placed on the last page, it was still seen by interested people and caused a lot of discussion. The News Building can be said to be the symbol of Sing Tao Newspaper Group, and the result is this was sold.
What they want to know more is the price of the News Building in this transaction. It will definitely not be low.
"Boss, the media today asked us to move out as soon as possible. They want to move here as soon as possible."
"Then let's start moving. These people are really impatient and can't wait for a moment." However, she just said it in words. This time, the premium was nearly 30%, and she was very happy in her heart.
"Boss, do we need to spend such a large sum of money to buy this old building?"
Li Bu sat there, reviewing the report. After listening to the questions, he put down the report and said: "The real estate in Xiangjiang has at least ten years left. This is a long-term investment, so naturally I don't care. It is an old building now and will be demolished in the future. It would be good to demolish it and rebuild it, and we can buy the old buildings around it and build a bigger one.”
He didn't say that next year, someone would pay HK$7000 million to buy the News Building, but he didn't care about that time.
"Ask the owners of the surrounding buildings if they have any intention of selling. We can also buy them and merge them with the buildings for reconstruction in the future."
Not long after, a tabloid published a photo of the relocation of Sing Tao Newspaper Group. The newspaper was extremely satirical, but did not quote much of the transaction price.
Another tabloid reported that the transaction price of the News Building was HK$500 million, [-]% higher than the market price. It said that Mingming Island Newspaper Group had made a profit this time, so no wonder it would sell its headquarters.
Although the people of Hong Kong regard this news as a topic of conversation after dinner, some discerning people can see from it that Sing Tao Newspaper Group is no longer as good as today's media and is declining day by day.
The top three newspaper groups now are Sing Tao Press Group, Today Media Group, and Oriental Press Group; the most influential one is Ming Pao Newspaper Group. In fact, in terms of influence in the world, Today Media Group must be First, then Sing Tao Press Group, and the second-ranked Sing Tao Press Group only has a greater influence in Southeast Asia.
Today's News Agency is becoming increasingly powerful in the world. However, due to its relatively short history, it is not as influential as other major news agencies. However, it is also gaining more and more attention in mainstream countries.
Li Bu returned home for dinner. At the dinner table, Liang Xiaoshi said: "Many people say that we are rich (people), stupid, angry (money) and thick (many)."
Li Bu smiled and said: "From now on, we will be the number one newspaper group in Xiangjiang." Seeing his proud look, Xiao Shi was very angry. This guy often spends money randomly; he doesn't know if he will lose money.
"Don't worry, housing prices in Xiangjiang will definitely rise, but it's just that our return is slower."
"I hope so."
"Brother Bu, what did you buy again?" Guan Jiahui was a little excited. She liked property the most.
Li Bu said with a smile: "Today Media bought the News Building, and it will be the headquarters of Today Media from now on."
"Brother Bu, you are so awesome. This is the only building in Hong Kong named after news!" She has been studying real estate and closing properties in Hong Kong for a long time, so she naturally knows this building.
"Be good! Xiangjiang Global Cinema is about to open. Do you want to go and play? I will take you there for a few days before the opening so that you can experience it first." Li Bu remembered that the first phase of Global Cinema has been built, so he said out.
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