Reborn Capital Madman

0232 Investing in Financial Newspapers

I'll post the chapter about thanking the leader tomorrow morning. It's really too late tonight.

Gao Xian had long heard that Ma Jingxi's fighting style in the market was very brave, but he had never had the opportunity to see it; now, he finally realized it - he actually spent so much money on bargain hunting in the Xiangjiang stock market.

Needless to say, such a large sum of money came not only from Ma Jingxi himself, but also from deposits absorbed by Xiangji Finance.

If Ma Jingxi had stayed in the pit of the Xiangjiang stock market, it would have taken several years of bleak business to get out of the trap.

However, even if Gao Xian now helps Ma Jingxi to turn his attention to new areas such as overseas securities markets, foreign exchange, and gold, he has fallen deep enough into the Hong Kong stock market.

I have to say that this is the world of difference between everyone's situations under information asymmetry.

Isn’t Ma Jingxi smart?

Obviously not! What he lacks is Gao Xian's "God's perspective".

After trying his best to guide Ma Jingxi, a long-term partner, in the right direction, Gao Xian began to adjust Gaoyi, which was independent of Gaoxing Group.

Of course, the whole show must be done. The investment department of Gaoyi must have been slightly deceived by the fake stock scandal.

But it doesn’t matter. Anyway, the stocks that are locked up are not junk stocks that have been liquidated by the company and turned into waste paper. It is not a problem for Gaoyi to unwind them in exchange for time, and Gaoyi can definitely afford to wait.

As for the "Anfuda" fund, it is backed by Hui Feng Bank. Does Gao Xian need to worry about it?

With the collapse of the Hong Kong stock market, the grand occasion of at least one new stock listing every three days on average no longer exists. Gaoyi's IPO and Issuance Department, which was once so busy that it hit the back of its head, is no better off than its peers and is now free.

In fact, Gaoyi still received some small jobs, that is, helping Chinese investors who had made a lot of money during the previous issuance of new shares to repurchase stocks whose prices had fallen, so as to firmly grasp the controlling rights.

For example, Li Bancheng's Dajiang Industrial is one of its customers.

In the fake stock scandal, Li Bancheng's Dajiang Industrial was the first to suffer. It was ordered to suspend trading for an investigation. The stock price fell below the issue price. The company's reputation was tarnished and it was extremely painful.

Gao Xian had the same idea in his mind. In fact, in the "old script", Hu Yingxiang's Hopewell Industrial, one of the "Five Tigers of Real Estate" with Chinese capital, was the first victim of the fake stock crisis.

But who caused the bad taste to suddenly occur? Li Bancheng could only admit that he was unlucky.

However, Li Bancheng did not actually lose much. After all, Dajiang Industrial made a lot of money after it was successfully listed.

One of the evidences is that Li Bancheng is currently actively recycling shares of Dajiang Industrial at low prices, and Gaoyi has become a client.

In fact, this small job didn't make much money, but his subordinates were idle, so Gao Xian didn't bother much and started adjusting Gao Yi directly.

Obviously, there is no need to maintain the previous scale of the investment and distribution department. It should be significantly reduced and personnel should be transferred to other departments.

For the investment department, Gao Xian is planning to establish several new funds to invest in other areas besides the Hong Kong stock market.

In addition, with the Capital Research Center’s high-yield index, there is no need to waste your emotions on the Hong Kong stock market. You can just take this opportunity to seek to go global.

Because Xiangjiang is a British colony, investors in Xiangjiang are much more interested in the European market than Japan and the United States. Therefore, the high-yield index needs to do a lot of work.

While busy, Gao Xian received a call from Lin Xingzhi, editor-in-chief of "Ming Pao Evening News", who wanted to meet and chat with him.

Nowadays, it is really not easy for ordinary people to meet Gao Xian. Just being the chairman of the board of directors of Gaoxing Group is a big obstacle.

Of course, Lin Xingzhi was considered an old friend of Gao Xian, so Gao Xian naturally agreed happily.

After Lin Xingzhi met Gao Xian, his initial topic of discussion was quite intriguing: "Mr. Gao, I'm afraid your financial column is no longer suitable for inclusion in Ming Pao Evening News."

Gao Xian was actually not that picky about which print media his financial column should be published in, but he still followed Lin Xingzhi's instructions and asked: "Why did Chief Editor Lin say this? Is there any compelling reason for this?

What?"

Lin Xingzhi sighed and said: "The great success of Ming Pao Evening News in the past two years, in addition to relying on Mr. Gao's wonderful financial columns, also benefits from the fact that the stock market is in a bull market and everyone likes to read the stock market."

"But after the stock market crash, there was so much tragedy that no one was interested in the stock market."

"As a result, the sales of "Ming Pao Evening News" have been declining."

"In response, Boss Cha asked Ming Pao Evening News to add soft entertainment content such as horse racing to attract readers."

"But I disagree. If Ming Pao Evening News really continues to change like this, how can it maintain the professional demeanor of a financial media?"

Gao Xian nodded suddenly. Lin Xingzhi was indeed right. "Ming Pao Evening News" has become an entertainment newspaper. His own financial column is not a wink for a blind man.

However, from the perspective of a boss, Gao Xian can understand what Jin Daxia did.

The competition in the Hong Kong newspaper industry is extremely fierce. If it is not realistic, how can we talk about long-term survival?

Daxia Jin is indeed a qualified businessman who knows how to make trade-offs, rather than just relying on book business.

This can also be seen from the operation of Shanghua Culture in order to build momentum by winning the Golden Hero's "The Condor Trilogy".

Although Shanghua Culture revealed that it will film the TV series "The Legend of the Condor Heroes" this year, it has not started shooting until now. The reasons include difficulties in adapting the script, the big boss is busy with other things, etc., but Jin Daxia can accept it calmly.

In fact, Gao Xian plans to not film the TV series "Legend of the Condor Heroes" next year, the year after that, or even the year after that. When Shanghua Culture needs to gain attention, he will take out this IP and speculate on it. Anyway.

The copyright is already in your hands. If you don't do it yourself, others can only watch.

Could Jin Daxia, who is said to be knowledgeable about the past and present, really not understand the means by which Shanghua Culture extracts the value of "The Condor Trilogy"?

But people know that this is business talk.

Gao Xian looked at Lin Xingzhi, who was depressed and frustrated, and quickly figured out the other person's intention to complain to him.

In terms of his place of origin, Lin Xingzhi belonged to the Chaoshan Gang who had a talent for doing business. He also had frequent contacts with Li Bancheng and Liao Lie, so he must have been inspired by his thoughts of becoming his own boss.

But to leave "Ming Pao Evening News" to go it alone, Lin Xingzhi must have start-up capital, and it is really not easy to make money in the newspaper industry, which requires a powerful financial backer.

Thinking of this, Gao Xian tried to say: "Since Editor-in-Chief Lin has no ambition, why not use his talents to run the professional financial newspaper he wants? If Editor-in-Chief Lin makes up his mind, I am willing to provide financial support

support."

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