In Hong Kong, we build a global business empire
Chapter 262 Are you afraid that I will compete for the control of TVB?
Chapter 262 Are you afraid that I will compete for the control of TVB?
About forty minutes later, Shao Yifu arrived as expected.
At this time, Lin Haoran had already returned to his private meeting room.
"Hello, Mr. Shao, welcome!" Seeing that Shao Yifu had arrived, Lin Haoran personally went to the door to greet the old man in his seventies.
Considering the fact that there are so many Shaw Schools and Shaw Hospitals in the mainland in later generations, Lin Haoran deserves respect.
Although it is said that all this money was squeezing the employees, it does not prevent him from doing a good job in charity.
As a capitalist, isn't it normal to exploit your employees?
"Mr. Lin, I'm sorry for disturbing you by visiting me." Shao Yifu laughed.
"Mr. Shao, please come in and talk." Lin Haoran smiled and pointed to the spacious and luxurious reception room.
The two walked into the reception room one after the other.
Run Run Shaw came to the floor-to-ceiling glass window and looked at the Central street scene and even the Victoria Harbour view outside the window, and couldn't help but stop to look around.
A trace of envy could not help but emerge in his heart.
Due to the special circumstances of film and television, it is difficult to place his office in the city center, let alone a core business area such as Central.
"This building is worth at least HK$800 million or HK$900 million now, right?" Run Run Shaw said with emotion.
Although he is an entertainment tycoon, the money he makes from movies is not as crazy as that from real estate.
Even though he has been a movie tycoon for decades, his assets are only worth less than 10 billion Hong Kong dollars.
To put it bluntly, if he really wanted to buy this building, he would have to spend all his money to afford it.
Many of the billions of Shaw family members in later generations made their money after taking over TVB.
The Federal Building and the International Building were purchased by Lin Haoran from Wheelock & Co. at the beginning of the year.
Now, a few months have passed, and according to the market price, the ten billion spent at the beginning is now worth at least HK$1.5 billion.
This year's housing prices have risen so wildly.
The same goes for stock prices, which have also risen wildly.
Why didn’t Lin Haoran invest all his money in real estate but in the stock market? It’s actually the same thing.
Even if he invested billions in real estate, made double the profit and then invested in the stock market, the stock market would have also doubled.
It would be better to seize the opportunity to acquire the listed company you like while there are not too many competitors!
If he enters the stock market and acquires listed companies after making enough money in real estate, by then others will also have a lot of capital, there will be more competitors, and the cost of the acquisition will be much more than double.
"According to the current market conditions, it is indeed worth 800 to 900 million, but I'm not planning to sell it. The value doesn't matter to me." Lin Haoran said with a smile.
He indeed had no intention of selling the Wanqing Building.
There are not many high-quality properties like Wanqing Building in the entire Central District.
However, he could still consider selling the more than 20-story international building if he needed funds.
The real estate industry reached its recent peak at the beginning of the next year, and then began to show signs of crisis during the period until 1982.
By the end of 1982, it began to collapse, and then began to gradually recover in 1984.
Therefore, if he wants to sell, he will sell it at the peak and buy it back when it collapses. He can make a lot of money by selling and buying.
After the two of them sat down, Shao Yifu looked at Lin Haoran with a complicated look.
Comparing assets, there is indeed a huge gap between me and this young man.
I have worked hard for most of my life, but my achievements are not as good as what others have accumulated in two years.
This gap makes people feel desperate.
Even Run Run Shaw, a big shot in the entertainment industry, had the same mentality.
To put it bluntly, he is nothing in front of Niu Bijian.
But Lin Haoran was able to make Niu Bijian apologize in front of the whole Hong Kong.
The gap between the two is huge in this regard.
Therefore, Shao Yifu would not treat Lin Haoran as a junior just because of his young age.
"What would you like to drink, Mr. Shao?" Lin Haoran asked.
"Tea, thank you!" Shao Yifu said without thinking.
Soon, Zhao Lin, the front desk supervisor of Huanyu Investment Company, personally served each of them a cup of hot tea, then respectfully left the reception room and helped them close the door. "Mr. Shao, are you here for TVB?" Lin Haoran asked with a smile as he watched Zhao Lin leave.
"That's right, Mr. Lin, I wonder what your goal is in acquiring TVB's shares? Do you want to take over TVB?" Since Lin Haoran asked, Run Run Shaw simply stopped beating around the bush and directly asked the question he wanted to know most.
This was also the issue he was most worried about. Seeing that the film industry was languishing, the death of Li Xiaohe gave him an opportunity to develop the industry.
Although Run Run Shaw knew that the real estate industry made money quickly, he had no intention of entering the industry. To him, that field was too unfamiliar.
On the contrary, movies and television are interconnected, and he is not completely ignorant of the television industry. As one of the founders of TVB, his understanding of the television industry is no worse than that of Chairman Li Ka-shing. It's just that because Li Ka-shing has always served as chairman, he does not have the opportunity to directly take charge of TVB.
But now that Li Xiaohe has passed away, it is indeed the best time for him, and Run Run Shaw very much hopes to seize this opportunity.
Just because Lee Ka is not optimistic about the television industry does not mean that Run Run Shaw is not optimistic about this industry.
What he saw was the number of television users in Hong Kong and around the world growing every year.
Run Run Shaw even felt that sooner or later, every family in Hong Kong would have its own TV.
By then, that is to say, everyone in Hong Kong will be a TV user.
By that time, you can imagine how big the market for the television industry will be!
Moreover, during the past decade or so, Shaw Brothers Film Company has used TVB to train a large number of actors, which also allowed him to see the role of TVB.
The decline of Shaw Brothers Film Company forced him to turn his attention to the increasingly promising television industry.
This is also the biggest reason why he plans to take over TVB after Li Xiaohe's death.
"Mr. Shao, are you afraid that I will compete with you for the control of TVB?" Lin Haoran laughed.
He was naturally aware of Run Run Shaw's ambitions for TVB.
However, as the founder of TVB, he is indeed qualified to lead TVB.
After listening to Lin Haoran's words, Shao Yifu was silent for a moment.
He felt as if he had no secrets at all in front of this young man.
"Yes, I do have the idea of becoming the new chairman of TVB." Run Run Shaw did not deny it.
"Mr. Shao, you can rest assured that among all the companies under my control, whether it is Hong Kong Electric Group, Ching Chau Cement Company, China Gas Company, Kowloon Motor Bus Company, Wan On Real Estate Company, etc., none of them has a smaller asset scale than TVB.
I am not afraid to tell you that even Mr. Shen Bi, the boss of Huifeng Bank, invited me to invest in Huifeng Bank and become a member of the board of directors of Huifeng Bank. At this time, I have already agreed to Mr. Shen Bi, so my energy is limited and it is impossible for me to take care of all the companies that have invested.
So I am not really interested in taking charge of TVB. On the contrary, I strongly support you, Mr. Shao, to be the new chairman of TVB. You have many years of experience in the film industry. I personally feel that film and television are in the same field. Bringing your experience in the film industry to the television industry is also applicable. It will definitely make the future of TVB brighter. So, no matter from which angle I look at this matter, I have no reason to compete with you for the position of chairman.
So, Mr. Shaw, you can rest assured. In the entire TVB, only you are qualified to be the chairman of TVB. If anyone else wants to take the position, I will absolutely oppose it! "Lin Haoran did not whet Shaw's appetite, but directly expressed his thoughts.
Whether TVB can develop in the future depends on this old man.
Lin Haoran was really worried about other people managing the business.
After all, his understanding from his previous life told him that under Run Run Shaw's management, TVB was at its peak, quickly catching up with ATV and even surpassing it.
After receiving Lin Haoran's promise, Shao Yifu couldn't help but secretly breathe a sigh of relief.
Since Lin Haoran could say this, he should not go back on his word at the board meeting and compete with him for the position of chairman.
Although Lam Ho-ran had only just become a shareholder of TVB and had no roots in TVB, as expected, when Run Run Shaw competed for the position of chairman at the board meeting, most of the others would support him.
But after Shao Yifu learned that it was Lin Haoran who bought the shares of the Li family, he was so worried because, judging from Lin Haoran's previous cases of acquiring companies, if Lin Haoran wanted to take over a company and invested a large amount of money, other people would sell their shares to him in a matter of minutes.
At this time, no matter how deep the foundation is, what’s the use?
The other party's direct equity exceeds 50%. With your limited foundation, what can you use to compete with the other party's absolute control?
Therefore, when he learned that Lin Haoran had bought the shares of Lijia, Shao Yifu was confused for a long time and a sense of crisis arose.
Now, after hearing what Lin Haoran said, he really breathed a sigh of relief.
At least, as long as Lin Haoran doesn't compete with him for this position, he will be confident of becoming the chairman of TVB.
"Mr. Lin's sudden investment in TVB shows that he has unique insights into the television industry. As we all know, TVB's current ratings are indeed inferior to those of ATV. Facing such a situation, how can we turn the tide?" Run Run Shaw suddenly asked.
He didn't know much about Lin Haoran. He only knew that this young man had suddenly risen in just two years and quickly became a tycoon in Hong Kong's business world. His assets far surpassed those of this old businessman.
This way of rise also led many people to believe that Lin Haoran was a puppet trained by Citibank.
But no matter whether he is a puppet trained by Citibank, at least on the surface, companies such as Hong Kong Electric Group and Kowloon Motor Bus are under the name of Lin Haoran.
(End of this chapter)
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