After rebirth, I became a great master

Chapter 596 A great victory
With strong support from official funds, Hong Kong stocks have shown a robust performance.

When it comes to Hong Kong stocks, the most important sectors are actually three.

Real estate, finance, and media.

These are the three core industries of the Hong Kong government.

It is worth mentioning that these entertainment companies owned by the Hong Kong government not only operate within the entertainment industry itself, but also leverage their entertainment resources to venture into real estate businesses, which provides strong performance support for entertainment stocks.

They've all become blue-chip stocks.

It has become a key target for attracting funds entering the market.

The stock price has been rising steadily.

That's not all; Zhou Haoran is also actively pushing forward with off-field operations.

Promote the northward expansion of Hong Kong films and cooperation with seaports!
The first project was led by Tangren Media, which partnered with Red Star TV and TVB to co-produce "Spring Bright Pigsy" in an effort to recreate the phenomenal success of "Princess Pearl".

Stock trading is about what's trending, not what's fundamental.

Zhou Haoran participated in many entertainment industry events, generating a lot of buzz.

They also met with Mr. Hui, the president of the Hong Kong Government Literary and Artistic Association.

The other party asked if there were any experienced mainland directors to recommend, as the association wanted to present an award to bring the Hong Kong government and the mainland closer together.

Without hesitation, Zhou Haoran recommended someone.

Director Xie Jin!
He is the most representative filmmaker in the harbor area, and also the founder and director of the Xie Jin Performing Arts School where Jin Suo is currently studying.

In addition, Zhou Haoran and Tang Shiyi contacted Fitto Records and Capital Artists Records respectively.

It's very easy with Fitto Records.

The transaction price is around HK$1000 million. Including the HK$2500 million debt of Fitto Records that they have to assume, the total transaction cost will not exceed HK$4000 million.

Huaxing Records is quite expensive.

Two years ago, the South China Morning Post acquired Capital Artists for HK$1 million and assumed HK$2000 million in liabilities, bringing the total transaction cost to HK$1.2 million.

Fortunately, Capital Artists has now become a burden on the South China Morning Post Group, with its performance plummeting after the acquisition.

Prices will plummet.

In order to acquire Capital Artists Records, Zhou Haoran once again stepped forward and approached Shao Yifu.

Sir Shaw's status is high enough.

More importantly, Capital Artists was once a subsidiary of TVB and an asset of Shaw Brothers.

Back in the 1980s, Capital Artists was a force to be reckoned with, rivaling PolyGram!

Unfortunately, Capital Artists continued TVB's management strategy, exploiting its artists to the extreme and treating them poorly. Although it made a group of superstars famous, they all later switched to Capital Artists.

Having no other choice, Shao Yifu sold off this part of the business.

Zhou Haoran invited Shao Yifu out.

He also did not want the record company he had founded to decline.

Perhaps in the hands of the great master, it can be brought back to life?
With this connection, Tangren Media had a breakthrough in acquiring Huaxing Records.

However, the price is very high.

He immediately asked for HK$7500 million.

Including debts of HK$3000 million.

Transaction costs exceeded HK$1 million!
"This is too expensive."

Tang Shiyi felt it wasn't worth it.

Zhou Haoran was staying at the Peninsula Hotel, where the environment was even better. Wearing his pajamas and holding a glass of red wine in his bedroom, he casually remarked, "It's alright. Compared to two years ago, the price has already dropped."

“If we don’t step in, given the current momentum of Capital Artists, they might have to close down in a few years. They’ve offended all their industry peers.”

Tang Shiyi felt that the other party's offer was too high and even considered withdrawing from the deal.

Zhou Haoran felt it was unnecessary. "Wai Sing is a brand, a symbol of the local record industry, and it is still very meaningful. The stars here in Hong Kong all have dual careers, doing both film and music."

"Ah."

Tang Shiyi nodded slightly.

Zhou Haoran laughed and said, "The Hong Kong government has a lot of celebrity resources, but too few opportunities. The mainland has fewer celebrity resources, but more opportunities. We have 'All People's Art' and 'City Playlist', which are phenomenal stage opportunities."

"That's too expensive. The transaction costs will exceed HK$1 million..."

Tang Shiyi felt a pang of heartache. Although the DVD royalties from "Princess Pearl" had generated a large sum of money for Tangren Media, it couldn't withstand such extravagance.

"You don't need to spend a single penny."

Zhou Haoran had already made plans.

"Huh?" Tang Shiyi covered her mouth and chuckled, a hint of charm appearing in her eyes, completely dispelling her usual coldness and icy demeanor. She joked, "You can give it away for free without paying?"

Zhou Haoran said, "Of course, we'll use the Hong Kong government's money to integrate the Hong Kong government's industries."

"Hong Kong government money?"

Tang Shiyi didn't quite understand.

Zhou Haoran laughed and said, "Money from stock trading! This trip south to rescue the market isn't charity; we're here to make a fortune! Of the HK$4 million rescue funds, HK$3.5 million is related to our funds. If it doubles or triples, how much will that be?"

"It's increased by one or two times?"

Tang Shiyi was unfamiliar with the financial market.

Zhou Haoran raised his glass and clinked it against hers. "I'm underestimating the potential. If we sell before the end of the year, we might make one or two times our initial investment. If we sell in two years, it could be five or six times! And I'm being conservative, without any leverage!"

The Hang Seng Index is too low right now, only around 7000 points.

Under normal circumstances, it should be around 17,000.

As long as the stock market recovers.

That's easier than bending down to pick up money; the market will not let down patriotic businessmen who stand firmly on the side of the country in times of crisis.

However, Zhou Haoran was in a hurry to get money.

This year, the Hang Seng Index is expected to recover to 1 points.

That's about it; it's time to sell and cash out.

Using the money earned from the Hong Kong government's entertainment stocks to acquire and integrate the Hong Kong government's entertainment assets is essentially a case of the money coming from the government itself.

"Then..." Tang Shiyi felt more confident after hearing him say that, "Then let's continue to contact Huaxing Records?"

"Yes, we definitely have to buy it!"

Zhou Haoran's greatest strength lies in resource integration.

The significance of integration lies in related transactions.

This would significantly reduce transaction costs while also ensuring that limited opportunities are reserved for our own people. "When inviting singers for 'City Playlist,' we can focus on those signed to Capital Artists. Once the acquisition is complete, we can invite Anita Mui to perform in mainland China a few times to resolve previous conflicts."

As Zhou Haoran works at a television station, he naturally wants to make the most of the resources at his disposal.

"So that's it."

Tang Shiyi's eyes were opened this time, and he finally realized the significance of resource integration.

To put it bluntly, it's about keeping the good stuff within the family.

Zhou Haoran continued, "And that other person... Fitto Records has a new female singer named Joey Yung."

"Yeah, she seems to be only eighteen years old. She's quite outstanding. She participated in the local karaoke competition and won the championship when she was only 15 years old. Then she signed a contract."

Tang Shiyi was deeply impressed by this little girl.

She is considered one of the most promising female singers under Fitto Records.

Zhou Haoran laughed and said, "She participated in the Hong Kong government's local karaoke competition, so we can also let her participate in the competition in mainland China."

"what?"

"Let her participate in 'Everyone's Art Up' and make her the first annual champion of 'Everyone's Art Up'."

"Is this some kind of backroom deal?"

Tang Shiyi opened her eyes wide.

As an idealistic media professional, she strongly dislikes such insider manipulation.

"It doesn't necessarily have to be rigged. Winning the karaoke competition means she's definitely good. Even if she doesn't win the annual finals, being the runner-up is fine. The point is, we need to give her a chance to become popular in the mainland market."

Zhou Haoran was hoping to recoup the cost of acquiring Fitto Records through Joey Yung.

The next seven or eight years will mark the end of the record industry.

When digital music fully arrives, the global record industry will decline, and the assets of the record industry will shrink significantly.

Music's appeal to the general public has fallen far behind that of film and television dramas.

We need to take advantage of these next few years to squeeze as much profit as possible out of the singers.

“Joey Yung…” Tang Shiyi seemed to remember something, her expression strange, “Have you seen her before?”

"No."

Zhou Haoran usually meets big shots in the entertainment industry and doesn't have time to meet a newcomer.

Tang Shiyi said "Oh," and added, "I thought you had taken a liking to her."

"That's just a rumor!"

Zhou Haoran had no such idea at all, but after acquiring Fitto Records, he formed the Twins duo.

He was somewhat interested in this combination.

……

Soon, the decisive battle arrived.

8 month 28 day.

Zhou Haoran had long since run out of bullets.

Let's just sit back and watch the battle between the national team and international capital come to a close, and wait for the result.

On this day, the Hong Kong financial market was in an uproar!

It is truly one of the greatest financial phenomena of this century!
After the market opened, international capital, led by Soros, began frantically selling stocks. In just five minutes, the market turnover exceeded HK$30 billion.

The national team was quite decisive.

Regardless of price.

I'll buy it as long as you sell it!

The market was not allowed to fall, and all sell orders were accepted. The two sides traded back and forth, and the transaction volume exceeded HK$100 billion within half an hour, with millions of Hong Kong dollars flowing in and out every second.

Zhou Haoran, along with many local tycoons, kept a close eye on the unpredictable changes in the stock market.

Among them is Mr. Guo, the owner of the South China Morning Post Group.

The two even made a little joke.

Mr. Guo asked, "Can the Hang Seng Index hold at 7500 points?"

Zhou Haoran responded, "Definitely."

Mr. Guo said with a smile that if the stock price could hold at 7500 points, the transaction price of Capital Artists would be HK$6000 million. If it failed to hold at 7500 points, the transaction price would be HK$7000 million.

Zhou Haoran readily agreed.

As a result, international capital gave them a rude awakening as soon as the market opened in the afternoon.

The Hang Seng Index plummeted 300 points in an instant.

The force was tremendous!

It plummeted directly to below 7500 points.

Fortunately, the national team did not compromise and immediately increased its investment, launching a swift counterattack that quickly pushed the index up to 7900 points.

Even many bigwigs in the financial world were stunned by this breathtaking scene in the stock market.

It's like riding a roller coaster.

This is too exciting.

At 4 p.m., the closing bell rang.

As the dust settled, the Hang Seng Index settled at 7829 points, with a record trading volume of HK$790 billion, while the Hang Seng Index futures settled at 7851 points.

A big win!

Those who shorted the stock all had to settle and deliver at a high price.

The big boss stepped in and successfully saved the market!

"The Hong Kong government has won!"

Zhou Haoran celebrated with several other bigwigs in a private box at the Hong Kong Stock Exchange.

Guo, the owner of the South China Morning Post, also said with a smile: "Congratulations, you won too."

Huaxing Records, heading south!
The transaction price was HK$6000 million, including a debt of HK$3000 million.

The total cost was HK$9000 million.

The setup was successful!

(End of this chapter)