Entertainment: I am the peak

Chapter 532 After the IPO
Today, society as a whole still pursues and worships wealth, but has not yet developed to the point of hating the rich.

Is it because Si Cong is good-looking that he is called "husband" by countless netizens?
This is probably the first time Li Qiutang's wealth has been exposed to the public.

However, Li Qiutang did not give any interviews to financial news outlets after the listing ceremony; this task was handled by the board secretary and CEO Zhang Zhao, who were in charge of the listing process.

Since Autumn Pictures is still in a quiet period, its board secretary could not say much in an interview, but still cited the prospectus, saying that most of the funds raised from the listing will be used for the construction of the film and television industry chain, such as production, distribution, and film investment, as well as the expansion of the new film and television ecosystem.

Zhang Zhao stated that Autumn Pictures is still a young company, and it will continue to focus on the industry, cultivate content, and expand its business.

Autumn Films' stock price reached a high of HK$35.60 during trading, pushing its market capitalization above HK$900 billion, making it the highest-valued Chinese-language film and television company.

At the close of trading, Qiutian's stock price fell back to HK$33.32. On the first day of listing, the stock price surged by 22%, and the market value was set at HK$860 billion, still the highest among domestic film and television stocks, roughly equivalent to the sum of Huayi Brothers, Guangxian, and Huace at that time.

It's really impressive.

Li Qiutang felt that there was a bubble in the company's market value, but the market was too hot now, so it was normal for there to be a bubble.

The wealth myth created by the company's listing in the fall is widely known in the Chinese film and television industry.

The next morning, a reporter went to the Autumn headquarters building to interview the employees and find out what they had been doing the day before.

"Yesterday, apart from a simple decoration at the front desk, we didn't organize a formal celebration ceremony within the company. We just broadcast the bell-ringing ceremony live in a small conference room. Everyone was focused on their work and didn't pay much attention to the stock's performance," an employee of Qiutian Pictures told reporters. The biggest return from the company's listing was the provision of a larger platform.

When asked if the boss would give employees red envelopes after the company went public, one employee laughed and said, "The company just rang the bell at the Hong Kong Stock Exchange, and some senior executives haven't returned yet. I guess there will be some gifts when the boss comes back."

Of course, she would show her appreciation. Chen Zhixi returned to the company first and gave red envelopes to everyone, even the cleaning ladies each received 500 yuan.
Chen Zhixi relayed Li Qiutang's words: "We've taken the company public in six years, and we haven't let everyone down. Those who joined the company in 2009 and 2010 and are still here, aren't they all making money?"

"But going public is only the first step. Now we are not only responsible to our audience, but also to our millions of shareholders. As a listed company, our social responsibility is growing. We hope everyone will continue to work hard. As long as you trust the company, we will definitely bring you even greater returns in the next six years!"

Li Qiutang is still in Hong Kong. With Qiutang becoming the first listed film and television company in China, many people want to collaborate with him.

Leaving aside funds and bonds, there are countless film and television companies alone.

Hong Kong film companies, being in a advantageous position, all contacted Qiu Tian's senior executives to discuss matters.

But autumn is still a quiet period, so many things are difficult to do and many things cannot be said. As long as these potential partners are patient and wait another half month, after the autumn quiet period is over, everything will be easy to talk about and everything can be discussed.

Li Qiutang had just finished eating at a tea restaurant and was strolling along Victoria Harbour, enjoying the night view.

Suddenly I received a long-distance call, and the first thing the other end said was:

Is it true that the media says I have a net worth of over 3 million?

Don't you care about your husband?

“I knew you were rich a long time ago.” Liu Yifei was putting on makeup. “I only signed a few papers back then, and now those few pieces of paper are worth 3 million?”

"You can give it back to me if you don't believe me," Li Qiutang said with a smile.

"No, I'm saving this money as an education fund for my child in the future."

Li Qiutang rolled her eyes in Victoria Harbour and said, "How are you doing over there? You haven't been on set for over 300 days. Can your arms and legs still hold up?"

"I'm a professional at action scenes, okay?" Liu Yifei retorted. "It's just that the filming is slow, even slower than the first movie. It takes several days to film one take, and sometimes we can't even finish one take." "You know Director Toro better than I do. He's notoriously slow. Do you think every director is like me, filming quickly and well?"

"Who said anything about you?" Liu Yifei laughed, then asked, "How come your shareholding is only 6.something? Aren't you the chairman?"

"The chairman doesn't need to have the highest shareholding, right? Having too much personal shareholding is not a good thing."

"Is that company still yours?"

“Yes,” Li Qiutang said, “I am the largest shareholder of Haitang International, and I also have shares in the second largest shareholder, the Shanxi company. They are also acting in concert with me. You never paid attention to these things before, why are you so interested now?”

"I'm just concerned about you. I don't know anything about these things, so can't I just ask? How's 'Mojin: The Lost Legend' going? I'm not in the country, so you guys have had a tough time."

"Not bad," Li Qiutang reported to his wife. "It's 22 billion now. It's only a matter of time before it breaks the record of 'Monster Hunt.' Congratulations, you're the new champion actress in film history. You've really stolen the spotlight."

"Congratulations to you too, the world's top-grossing director." The couple even started complimenting each other.

"That's so awkward, stop praising me like that." Li Qiutang stopped his wife from showering him with compliments.

"What are you doing right now?" Liu Yifei asked.

“I’m still in Hong Kong, and I’m taking a walk in Victoria Harbour right now.”

The couple started chatting idly. What serious matters could they possibly have to talk about? They just rambled on about this and that.

They chatted for over half an hour without getting tired of each other. If Liu Yifei hadn't finished her makeup and needed to go back to the set, the two could have continued chatting.

After "Mojin: The Lost Legend" surpassed 20 billion yuan at the box office, its promotion was suspended.

Even a donkey needs a rest after working non-stop for more than ten days.

Two days after "Mojin: The Lost Legend" broke 20 billion yuan at the box office, its daily revenue was still no less than 5000 million yuan. With the New Year's Day holiday just a few days away, no one doubts whether "Monster Hunt" will break the record set by "Mojin: The Lost Legend".

The question now is whether "Mojin: The Lost Legend" can help Chinese films reach a new 30 billion yuan mark.

Li Qiutang returned to Yanjing on the evening of the 30th, but instead of going home, she went back to the company for a meeting.

The company's IPO created a group of wealthy people, but things still need to be done.

"Don't think you can rest on your laurels and live off your past achievements." The ugly face of capitalist Li began to show. "With the company going public, the responsibility is greater and the pressure is greater. Everyone needs to be more serious and work harder than before."

Then, they began discussing work.

"Detective Chinatown" will be released tomorrow, and the publicity and distribution are proceeding in an orderly manner, so there shouldn't be any major problems.

Should films be included in the Spring Festival film season? Li Qiutang thinks not this year:
"There are quite a few comedies in this year's Spring Festival film season, including 'From Vegas to Macau III,' 'Happy Chinese New Year,' and Stephen Chow's 'The Mermaid.' They're all crammed together."

"We'll postpone 'The Story of a Female Police Officer' a little bit and release it in March. There are no less popular release dates now, so tickets can still be sold in March."

Would it be a bad thing to miss out on the Spring Festival film season?
With "Mojin: The Lost Legend" and "Detective Chinatown" released back-to-back during the Lunar New Year season, is it too much to ask for them to be released during the Spring Festival season in the fall?
They talked about company management for a while, and it wasn't until after 11 p.m. that Li Qiutang finally went home.

(End of this chapter)