Rebirth: The Era of Hong Kong Tycoon
Chapter 56 [Expand sideline business]
Chapter 56 [Expand sideline business]
Evergrande Real Estate closed at a price of HK$5.12 that day, which was reported by various media for a while, and Lin Rongheng himself once again became the hottest businessman in Hong Kong, with no two in the limelight.
In 1970, there were less than 100 listed companies in Heung Kong, and less than 30 listed companies with a market value of over [-] million, which shows Lin Rongheng's influence at this time.
Heung Kong really started the 'listing era' in 1972. In that year, more than 100 companies went public, including the 'Five Tigers of Chinese Real Estate' in later generations. The reason why these companies chose to go public in 1972 was because of that. The year is a real bull market, the kind that turns red.
In this year (1970), only more than 20 companies were listed. After all, the stock market was not considered the most prosperous period; star stock'.
The next day, Lin Rongheng came to Liao Chong Hing Bank.
Liao Liewen personally poured tea for Lin Rongheng to show that he valued the cooperation between the two.
After Lin Rongheng thanked him, he started talking: "Liao Sheng, I want to use the modern newspaper as a mortgage, what is the maximum amount you can give me?"
At present, the sales volume of "Modern Daily" is more than 3.5 copies. The gross profit of the newspaper alone can reach more than 20 Hong Kong dollars per month. In addition to the advertising revenue of about 15 Hong Kong dollars, the monthly gross profit is 35 Hong Kong dollars.
Liao Liewen was a little disappointed. He thought that Lin Rongheng planned to use Evergrande Real Estate to lend to Liao Chongxing Bank, and he was naturally willing to establish a cooperative relationship with Evergrande Real Estate. After all, this was a 'Big Mac' listed company.
Liao Liewen thought for a while and said, "At present, the modern newspaper has a loan of 120 million Hong Kong dollars, so I can only lend you a maximum of 200 million Hong Kong dollars. This is because of your affection."
Lin Rongheng nodded and said, "Actually, I want to loan a total of 1000 million Hong Kong dollars!"
Liao Liewen said with a smile: "You can pledge the shares of Evergrande Real Estate, and I can give you [-]% of the valuation!"
Lin Rongheng immediately counter-offered: "I pledged 80% of the shares of Hyundai Newspaper, with a loan of 200 million Hong Kong dollars; and then pledged 200 million shares of Evergrande Real Estate, with a loan of 800 million Hong Kong dollars. Liao Sheng, the stock of Evergrande Real Estate will definitely return. Continue to rise, how about [-]% of the estimate?"
Although Lin Rongheng holds a total of 3000 million shares of Evergrande Real Estate, but there will be a lot of loans in the future, it is impossible for Lin Rongheng to pledge them out in the early stage.
When Liao Liewen heard the words, he did not agree immediately, but was thinking about the risks involved!
Behind this young man, there must be the support of an overseas consortium, otherwise he would never be able to take out US$650 million; and the young man got a loan of US$650 million, and after raising 3000 million Hong Kong dollars in the stock market, his choice was: All investment in real estate business, and the purchase of high-quality properties, in Liao Liewen's view, this step is very stable, and the risk of lending to him is very small.
After thinking about it, Liao Liewen decided to agree to the loan, but he still had to ask in more detail.
Liao Liewen asked, "Rongheng, what are you going to invest with this money?"
Lin Rongheng said a surprising answer to Liao Liewen: "Acquiring a theater chain and a film company, I want to enter the film industry!"
Liao Liewen's face was a little unbelievable, so he persuaded: "Rongheng, it's not that I attack your enthusiasm. The film industry in Xiangjiang is basically monopolized by Shaw Brothers Films, so two or three companies can get a share of the pie. What are you doing wrong, Want to get into this line?"
Lin Rongheng said confidently: "Liao Sheng, I have always been very confident in my work. I also know what you said, so I did it together with the theater chain."
Without much explanation, if Liao Liewen didn't dare to borrow this amount of money, it would be his loss!
Lin Rongheng can say that he will be able to catch the line of HSBC immediately. Not only that, the banks in Heung Kong will also quickly rush to lend him a loan (in the case of speculation in Evergrande stock); at this time, Liao Chongxing Bank chose not to Cooperation, Lin Rongheng will choose not to cooperate in the future.
Sure enough, Liao Liewen didn't say anything, and said directly: "No problem! You are the hottest businessman in Xiangjiang right now. I have no reason not to lend you a loan!"
Lin Rongheng nodded inwardly, even if he couldn't get a loan of 1000 million Hong Kong dollars, then he really doubted whether he had succeeded in 'making the market'!
When Lin Rongheng entered the film industry, he did not value the profits, but the resources.
This resource can be said in many ways. To put it more grandly, Lin Rongheng plans to acquire a TV station in the future (it is expected to be Li's, the predecessor of ATV), so a lot of talents in the entertainment field are needed, and the film company can just provide a channel; Step by step, I definitely want to make a lot of stars. It is convenient to be self-sufficient in opening a movie company, and I can support these stars without having to pay for it myself.
Lin Rongheng also calculated carefully if he wanted to make a difference in the film field, so this time it was the film company and the theater chain who did it together.
Cathay Pacific Organization (Hong Kong) Co., Ltd. was originally called 'International Film Industry Co., Ltd.', referred to as "Dianmao", and Yonghua Studio is its industry.
The owner of Dianmao was originally named Lu Yuntao. On June 1964, 6, the 20th Asian Film Festival was held on Taiwan Island. Lu Yuntao, his new wife, and administrative staff were all killed on the return flight. Inherited by his brother-in-law Zhu Guoliang, in 11, Zhu Guoliang announced that Dianmao would be reorganized into "Cathay Pacific Organization (Hong Kong) Co., Ltd.".
Dianmao has had a brilliant rise. In the era of Lu Yuntao, Dianmao and Shaw Brothers films were evenly divided, not lagging behind at all, and even more beautiful than Shaw Brothers movies, known as the Hollywood of the East; unfortunately, after Lu Yuntao's death, Dianmao's glory is no longer there. Some people say that the development of Xiangjiang's film has been delayed for ten years, in order to evaluate Lu Yuntao's achievements.
According to history, in 1971, Dianmao officially ended the production department and handed over the Yonghua Studio to Golden Harvest.
Now Lin Rongheng is going to cut off this Hu, take over the production department of Dianmao and Yonghua Studio, and pick up a ready-made one.
As for the cinema chain, Lin Rongheng also has a plan, that is, to lease several cinema chains as the backbone cinema chain, and build a cinema chain belonging to his own film company at the fastest speed.
Historically, Xiangjiang had three theater lines in the 70s, namely Shaw Brothers, Golden Harvest, and Lisheng; at that time, the two theaters of Shaw Brothers and Golden Harvest produced their own films, while Lisheng was operated by Golden Harvest in the early stage, and later staged films. Films for small and medium-sized companies.
The so-called Golden Harvest Cinema is actually a few cinemas leased by Zou Wenhuai as their backbone cinemas, and then signed with several cinemas for ordinary cinemas, thus forming the Golden Harvest Line.
At this time, Zou Wenhuai had already established Golden Harvest and negotiated several key theater chains; therefore, Lin Rongheng set his sights on Lisheng Cinemas. According to history, Golden Harvest and Lisheng Cinemas were negotiated in 1971.
Lin Rongheng plans to lease Lisheng Cinemas and a few small cinema chains first, and then slowly build his own modern cinema chain; even at the beginning, Lin Rongheng would not spend money to invest in cinema chains, because he wanted to use the money in on real estate.
Since 1973, Lin Rongheng will naturally have more cash flow, and he can do whatever he wants!
The production company and the theater chain have their directions. Lin Rongheng did not talk about it in person at the beginning, but called Luo Zhaoyou, the vice president of the modern newspaper.
Lin Rongheng said, "Can you still spare time to help me with one thing!"
Luo Zhaoyou said immediately: "There should be no problem, boss, you said!"
Lin Rongheng nodded and informed Luo Zhaoyou of his specific work. In fact, it was very simple. It was to select a few people from the modern newspaper to form a team, and Luo Zhaoyou worked as a part-time leader of the team.
"So, your job is very simple, it is to assist me in negotiating with these two companies!"
When Luo Zhaoyou heard the words, he couldn't help but be shocked by the speed of the boss's development. How old is the boss, and he is going to be involved in so many industries. It's incredible!
"No problem! It's just some hand work, we won't affect our work,"
Lin Rongheng nodded, and then arranged for Luo Zhaoyou to sort out the specific information of these two companies for himself; in this way, he could have a spectrum of prices!
(End of this chapter)
Evergrande Real Estate closed at a price of HK$5.12 that day, which was reported by various media for a while, and Lin Rongheng himself once again became the hottest businessman in Hong Kong, with no two in the limelight.
In 1970, there were less than 100 listed companies in Heung Kong, and less than 30 listed companies with a market value of over [-] million, which shows Lin Rongheng's influence at this time.
Heung Kong really started the 'listing era' in 1972. In that year, more than 100 companies went public, including the 'Five Tigers of Chinese Real Estate' in later generations. The reason why these companies chose to go public in 1972 was because of that. The year is a real bull market, the kind that turns red.
In this year (1970), only more than 20 companies were listed. After all, the stock market was not considered the most prosperous period; star stock'.
The next day, Lin Rongheng came to Liao Chong Hing Bank.
Liao Liewen personally poured tea for Lin Rongheng to show that he valued the cooperation between the two.
After Lin Rongheng thanked him, he started talking: "Liao Sheng, I want to use the modern newspaper as a mortgage, what is the maximum amount you can give me?"
At present, the sales volume of "Modern Daily" is more than 3.5 copies. The gross profit of the newspaper alone can reach more than 20 Hong Kong dollars per month. In addition to the advertising revenue of about 15 Hong Kong dollars, the monthly gross profit is 35 Hong Kong dollars.
Liao Liewen was a little disappointed. He thought that Lin Rongheng planned to use Evergrande Real Estate to lend to Liao Chongxing Bank, and he was naturally willing to establish a cooperative relationship with Evergrande Real Estate. After all, this was a 'Big Mac' listed company.
Liao Liewen thought for a while and said, "At present, the modern newspaper has a loan of 120 million Hong Kong dollars, so I can only lend you a maximum of 200 million Hong Kong dollars. This is because of your affection."
Lin Rongheng nodded and said, "Actually, I want to loan a total of 1000 million Hong Kong dollars!"
Liao Liewen said with a smile: "You can pledge the shares of Evergrande Real Estate, and I can give you [-]% of the valuation!"
Lin Rongheng immediately counter-offered: "I pledged 80% of the shares of Hyundai Newspaper, with a loan of 200 million Hong Kong dollars; and then pledged 200 million shares of Evergrande Real Estate, with a loan of 800 million Hong Kong dollars. Liao Sheng, the stock of Evergrande Real Estate will definitely return. Continue to rise, how about [-]% of the estimate?"
Although Lin Rongheng holds a total of 3000 million shares of Evergrande Real Estate, but there will be a lot of loans in the future, it is impossible for Lin Rongheng to pledge them out in the early stage.
When Liao Liewen heard the words, he did not agree immediately, but was thinking about the risks involved!
Behind this young man, there must be the support of an overseas consortium, otherwise he would never be able to take out US$650 million; and the young man got a loan of US$650 million, and after raising 3000 million Hong Kong dollars in the stock market, his choice was: All investment in real estate business, and the purchase of high-quality properties, in Liao Liewen's view, this step is very stable, and the risk of lending to him is very small.
After thinking about it, Liao Liewen decided to agree to the loan, but he still had to ask in more detail.
Liao Liewen asked, "Rongheng, what are you going to invest with this money?"
Lin Rongheng said a surprising answer to Liao Liewen: "Acquiring a theater chain and a film company, I want to enter the film industry!"
Liao Liewen's face was a little unbelievable, so he persuaded: "Rongheng, it's not that I attack your enthusiasm. The film industry in Xiangjiang is basically monopolized by Shaw Brothers Films, so two or three companies can get a share of the pie. What are you doing wrong, Want to get into this line?"
Lin Rongheng said confidently: "Liao Sheng, I have always been very confident in my work. I also know what you said, so I did it together with the theater chain."
Without much explanation, if Liao Liewen didn't dare to borrow this amount of money, it would be his loss!
Lin Rongheng can say that he will be able to catch the line of HSBC immediately. Not only that, the banks in Heung Kong will also quickly rush to lend him a loan (in the case of speculation in Evergrande stock); at this time, Liao Chongxing Bank chose not to Cooperation, Lin Rongheng will choose not to cooperate in the future.
Sure enough, Liao Liewen didn't say anything, and said directly: "No problem! You are the hottest businessman in Xiangjiang right now. I have no reason not to lend you a loan!"
Lin Rongheng nodded inwardly, even if he couldn't get a loan of 1000 million Hong Kong dollars, then he really doubted whether he had succeeded in 'making the market'!
When Lin Rongheng entered the film industry, he did not value the profits, but the resources.
This resource can be said in many ways. To put it more grandly, Lin Rongheng plans to acquire a TV station in the future (it is expected to be Li's, the predecessor of ATV), so a lot of talents in the entertainment field are needed, and the film company can just provide a channel; Step by step, I definitely want to make a lot of stars. It is convenient to be self-sufficient in opening a movie company, and I can support these stars without having to pay for it myself.
Lin Rongheng also calculated carefully if he wanted to make a difference in the film field, so this time it was the film company and the theater chain who did it together.
Cathay Pacific Organization (Hong Kong) Co., Ltd. was originally called 'International Film Industry Co., Ltd.', referred to as "Dianmao", and Yonghua Studio is its industry.
The owner of Dianmao was originally named Lu Yuntao. On June 1964, 6, the 20th Asian Film Festival was held on Taiwan Island. Lu Yuntao, his new wife, and administrative staff were all killed on the return flight. Inherited by his brother-in-law Zhu Guoliang, in 11, Zhu Guoliang announced that Dianmao would be reorganized into "Cathay Pacific Organization (Hong Kong) Co., Ltd.".
Dianmao has had a brilliant rise. In the era of Lu Yuntao, Dianmao and Shaw Brothers films were evenly divided, not lagging behind at all, and even more beautiful than Shaw Brothers movies, known as the Hollywood of the East; unfortunately, after Lu Yuntao's death, Dianmao's glory is no longer there. Some people say that the development of Xiangjiang's film has been delayed for ten years, in order to evaluate Lu Yuntao's achievements.
According to history, in 1971, Dianmao officially ended the production department and handed over the Yonghua Studio to Golden Harvest.
Now Lin Rongheng is going to cut off this Hu, take over the production department of Dianmao and Yonghua Studio, and pick up a ready-made one.
As for the cinema chain, Lin Rongheng also has a plan, that is, to lease several cinema chains as the backbone cinema chain, and build a cinema chain belonging to his own film company at the fastest speed.
Historically, Xiangjiang had three theater lines in the 70s, namely Shaw Brothers, Golden Harvest, and Lisheng; at that time, the two theaters of Shaw Brothers and Golden Harvest produced their own films, while Lisheng was operated by Golden Harvest in the early stage, and later staged films. Films for small and medium-sized companies.
The so-called Golden Harvest Cinema is actually a few cinemas leased by Zou Wenhuai as their backbone cinemas, and then signed with several cinemas for ordinary cinemas, thus forming the Golden Harvest Line.
At this time, Zou Wenhuai had already established Golden Harvest and negotiated several key theater chains; therefore, Lin Rongheng set his sights on Lisheng Cinemas. According to history, Golden Harvest and Lisheng Cinemas were negotiated in 1971.
Lin Rongheng plans to lease Lisheng Cinemas and a few small cinema chains first, and then slowly build his own modern cinema chain; even at the beginning, Lin Rongheng would not spend money to invest in cinema chains, because he wanted to use the money in on real estate.
Since 1973, Lin Rongheng will naturally have more cash flow, and he can do whatever he wants!
The production company and the theater chain have their directions. Lin Rongheng did not talk about it in person at the beginning, but called Luo Zhaoyou, the vice president of the modern newspaper.
Lin Rongheng said, "Can you still spare time to help me with one thing!"
Luo Zhaoyou said immediately: "There should be no problem, boss, you said!"
Lin Rongheng nodded and informed Luo Zhaoyou of his specific work. In fact, it was very simple. It was to select a few people from the modern newspaper to form a team, and Luo Zhaoyou worked as a part-time leader of the team.
"So, your job is very simple, it is to assist me in negotiating with these two companies!"
When Luo Zhaoyou heard the words, he couldn't help but be shocked by the speed of the boss's development. How old is the boss, and he is going to be involved in so many industries. It's incredible!
"No problem! It's just some hand work, we won't affect our work,"
Lin Rongheng nodded, and then arranged for Luo Zhaoyou to sort out the specific information of these two companies for himself; in this way, he could have a spectrum of prices!
(End of this chapter)
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