After rebirth, I became a great master

Chapter 583 Entertainment Industry
With the advancement of globalization in recent years, Hong Kong films have declined.

Because the Hong Kong government is too small.

We need to rely on external markets.

However, the influx of dazzling Hollywood blockbusters directly squeezed out the survival space of those poorly made and low-budget Hong Kong films.

And then there was the financial crisis...

The Hong Kong government's film and entertainment industry is currently in dire straits.

In particular, those listed entertainment companies, such as Media Asia, Shaw Brothers, TVB, ATV, China Star, Golden Harvest, and Oriental Charm, have all encountered significant troubles to varying degrees.

The problems are even greater for those companies that are not publicly listed; many are facing the risk of bankruptcy.

I heard that a delegation from the mainland has come to help with the market rescue.

The person in charge was on site.

How could you possibly miss it?
Everyone was quite restrained at the charity gala.

In such situations, one must maintain decorum.

Don't get too attached to appearances.

However, since Huanya has taken the initiative, how can the others hold back?

I couldn't care less about anything else then!
Swarmed up.

Zhou Haoran immediately replaced Shao Yifu as the central figure at this charity auction gala.

“Mr. Zhou, please save the record industry. The average price of a CD has dropped from HK$120 to HK$80, and Temple Street is now flooded with pirated CDs for HK$10 each.”

"Mr. Zhou, ATV has already laid off 40% of its staff."

"Mr. Zhou, PolyGram is going bankrupt!"

"Mr. Zhou, Ekin Cheng's albums are unsold and have a backlog of inventory worth 600 million."

“Mr. Zhou, the cinema industry is the one that is suffering the most. 31 cinemas in Hong Kong have been shut down, and even the Royal Cinema in Causeway Bay has been converted into an arcade.”

"Mr. Zhou, there were only 36 Hong Kong films in the first half of the year, which is 100 fewer than two years ago when there was no financial crisis. As a result, the current film vacuum has allowed Japanese and Korean culture to flood in, and films like 'Shiri' and 'Ringu' have taken away the market."

"Mr. Zhou, Golden Harvest Cinemas was forced to sell its Singapore assets in an effort to save itself..."

He was immediately surrounded by a large entourage.

To Zhou Haoran's left is Mr. Shao Yifu, and to his right is Tang Shiyi.

Just like Shao Yifu.

He sat there with a calm expression.

The others stood, forming a circle around them.

He acted like a powerful figure in the underworld.

Finally, even Shao Yifu, showing great courtesy, spoke up, saying, "Sir, Shaw Brothers isn't having an easy time either. Shaw Brothers has completely stopped film production and has shifted all its resources to TVB drama production. However, TVB's advertising revenue has also plummeted by 28%. In order to control costs, they can only train new people to replace the high-paid veteran actors."

Zhou Haoran looked at the bigwigs in the Hong Kong entertainment industry.

The purpose is achieved.

"This is a charity auction, so please don't disrupt the event. I just want to say two things."

Zhou Haoran did not get up and remained seated.

It's a bit like a gangster boss giving a lecture to his underlings.

"First, during my few days in Hong Kong, I witnessed the impact of the financial crisis on the Hong Kong government. Even in these difficult circumstances, I still saw many compatriots, especially our brothers and sisters in the entertainment industry, still contributing their love and efforts to donate money and supplies to the mainland for flood relief and disaster relief. I was very moved and proud! I felt the kinship of us Chinese people, the descendants of the dragon! A hundred years of separation cannot sever this bond that is thicker than blood!"

Zhou Haoran speaks Mandarin.

Many of the people present couldn't speak, but they could all understand.

I think Mr. Zhou spoke very well and was very knowledgeable.

“However…” Zhou Haoran changed the subject, “The delegation came to Hong Kong to rescue the market, specifically the financial market. We have already made a decision internally to select a group of key companies and provide them with support.”

Will you support the entertainment industry?

Some people couldn't help but ask.

Zhou Haoran couldn't say anything carelessly, so he pretended not to hear and said calmly, "It's a pity that some friends' companies are not listed, so they are not within the scope of the delegation."

"Hey……"

Sighs were heard, and many people were disappointed.

There are very few listed companies.

Most of them are not publicly listed.

Zhou Haoran smiled and said, "However, I have a second point."

"Oh?"

When everyone saw Mr. Zhou smile, they felt that things were looking up.

Zhou Haoran pointed to his female companion beside him and smiled, "I've already introduced her before. This is Ms. Tang Shiyi, the big boss of Harbour Tangren Film and Television Company. She's here today to explore extensive and long-term cooperation with everyone. Not only will she help you overcome the difficulties, but she will also leverage the vast mainland market to help Hong Kong's entertainment industry regain its former glory!"

"Miss Tang..."

Everyone stared at her slightly aloof yet stunningly beautiful face, momentarily lost in thought. Shao Yifu also sensed something strange.

This gentleman...

Something is wrong!

Was his purpose in heading south to save the financial industry or the entertainment industry?

He had assumed that Ms. Tang was just his girlfriend.

But I never expected that there would be such a mission.

At this stage, it can be said that the Hong Kong entertainment industry is facing its most critical moment, with many established entertainment companies teetering on the brink of bankruptcy... Offering help at this time feels like a move to unify the entertainment industry.

If this rescue is successful.

After that, if Mr. Da said one word, who in the Hong Kong government's entertainment industry would dare to disobey?
Tang Shiyi chuckled and said, "Some of you may know that there's a very popular TV series in mainland China recently called 'Princess Pearl.' According to incomplete statistics, the series has generated at least 20 billion yuan in direct and indirect revenue."

"what?"

Shao Yifu was also greatly shocked after hearing this.

He has now given up movies and mainly works on TVB dramas.

I never imagined that a TV series could make so much money!
Tang Shiyi had a strong presence, and his voice was clear, cool, and powerful. "I've looked up some data. The best year for Hong Kong films was 92. At that time, the total overseas revenue of Hong Kong films reached HK$18.6 billion. That's a very impressive figure. However, the revenue was not even as valuable as that of a single 'Princess Pearl'."

This remark immediately caused an awkward silence.

Zhou Haoran said with a smile, "Ms. Tang means that the mainland market is the future of Hong Kong films. Abandoning the illusions of Southeast Asia, South Korea and Japan, the next focus for Hong Kong films should be the mainland market."

Tang Shiyi said, "Princess Pearl is a Qiong Yao drama. If Taiwanese dramas can do it, why can't Hong Kong dramas? As long as we change our mindset and, like Princess Pearl, allow excellent production teams and actors to develop in the mainland, and utilize the better infrastructure in the mainland to produce better films, we can have a bright future."

"The mainland Chinese film market doesn't seem to be doing too well right now, does it?"

A boss surnamed Zhang raised a question.

Zhou Haoran laughed and said, "Because it's not feasible, the cost of entering the market now can be lower, and everyone can easily obtain some qualifications. Once the mainland film and television market fully takes off, the cost of going north to develop will be too high."

……

While Mr. Big was becoming increasingly involved with the Hong Kong government's entertainment industry.

Mr. Zhou is also involved in this field.

However, he did not attend the charity gala.

He was attending an entertainment dinner.

Affected by the economic crisis, many Hong Kong stars have seen a sharp decline in job opportunities. In order to maintain a decent lifestyle and pay high mortgages, they have no choice but to find ways to earn some extra money.

The Hong Kong government is much more open than the mainland.

Many female celebrities can set their own prices, and some even have their parents act as their agents to set prices for their daughters.

Mr. Zhou is in charge of this.

The goal was to make proper arrangements for Deputy Regiment Commander Jiang Feibiao, introducing him to beautiful women in various ways... This truly moved Jiang Feibiao.

"Don't worry, brother. My greatest virtue is loyalty!"

Jiang Feibiao was very satisfied, with beauties on both sides of him, and loudly guaranteed it.

Zhou Zhengqi was delighted. "President Jiang, you're too kind to me. We're brothers! If you ever have time and want to visit Hong Kong, just let me know, and I'll make sure everything is arranged for you!"

"sure!"

Jiang Feibiao has been having a blast these past few days; he's practically lost in the moment.

Those beautiful faces I'd only seen on videotapes before were now in my arms... It just goes to show that money can make the devil dance in a capitalist society; this unrestrained feeling is just too wonderful.

Seeing that he was happy, Zhou Zhengqi tentatively said, "President Jiang, international capital has been very ruthless these past two days! In just two days, international speculators have dumped another 200 billion Hong Kong dollars, which is a serious blow to the foreign exchange market!"

"Ah."

Jiang Feibiao also had official duties to attend to, and he also received this kind of information every day.

Zhou Zhengqi said in a deep voice, "Time is of the essence. The delegation needs to act quickly!"

"when?"

Jiang Feibiao didn't seem to care much about these things.

Zhou Zhengqi said solemnly, "We need to come up with a concrete implementation plan this weekend, and we need to enter the market next Monday! International capital has launched a full-scale attack, and the Hong Kong government is in its most critical moment. It's time for us to step in."

"Row."

Jiang Feibiao kissed the beauty on the left cheek.

He was somewhat distracted by the serious matter Zhou Zhengqi was discussing.

Zhou Zhengqi chuckled inwardly and tentatively said, "President Jiang, this weekend I'll pick out a few stocks worth supporting. Next Monday, we'll buy them aggressively to drive up the stock price and demonstrate the strength and ambition of our delegation..."

"You don't need to tell me, just decide for yourself!"

Jiang Feibiao waved his hand, somewhat impatiently.

Zhou Zhengqi became happy and full of confidence, "Alright, then I won't say anything more, come on! Let's drink!"

(End of this chapter)