Hong Kong: Starting with 10 billion

Chapter 69 Stock Price Soars and Mysterious Operations

"Drunken Master" broke through 60 Hong Kong dollars on the first day.
This shocked many people in the industry, including Golden Harvest and Shaw Brothers.
They were also impressed by the unprecedented promotional campaign before the release of the film, which had such a great effect and power.

The facts are before us. If you want to make money, even if you don’t know how to innovate, you can always copy others’ work.

Many companies have started to organize people to study the promotion plan of DreamWorks.
Some are even more violent, directly paying a large sum of money to poach employees from DreamWorks' film promotion department.
If you really can't grab the position, you can poach people from other departments.

There was no other choice but Zhou Liang Shuyi personally came out to appease the employees and also started to make big promises like the boss did.

But Fang Hexuan didn't care. If they wanted to leave, they could leave. DreamWorks didn't need these people.

He even had Chow Liang Suk-yee create a blacklist file.

Those who resigned from DreamWorks due to poaching,
From now on you will not be able to apply for a job in any company under Fang Hexuan.

Zhou Liangsuyi was also helpless.
This boss is very generous and willing to delegate power.

But sometimes I am a little willful and still cannot escape the impulsiveness of youth.

On the third day of its release, the box office of Drunken Master had reached 121 million Hong Kong dollars in the first two days.
Saturday is still a statutory working day in Hong Kong.

But there are also many companies that have given their employees holidays.

Therefore, the number of moviegoers increased significantly compared to the previous two days.
On Sunday, the whole of Hong Kong was closed for the holiday, and cinemas were packed with people, making tickets hard to get.

According to statistics, during the four days from October 10 to October 5,

The box office of "Drunken Master" exceeded 280 million Hong Kong dollars, with an average daily box office of more than 70 Hong Kong dollars.
Once again setting a historical record.

With this favorable wind and heat wave, Jackie Chan also became popular in Hong Kong and was officially on par with his senior brother Sammo Hung.

This made Golden Harvest's Ho Kuan Chang heartbroken and his hatred towards DreamWorks grew day by day.

As a director, Yuan Heping has finally become one of the top action directors in Hong Kong.

As their fame soared, their pay also soared.

Fang Hexuan did not treat the two unfairly.
Jackie Chan's actor's salary was 10 Hong Kong dollars. The movie had just been released, but his boss gave him a red envelope of 50 Hong Kong dollars.

As soon as the movie was released, he received 60 Hong Kong dollars, which was more than the combined salary for the more than movies he had filmed before.

Yuan Heping's director's salary was also 10 Hong Kong dollars, and Fang Hexuan also gave him a red envelope of 20 Hong Kong dollars.

These two heroes were all smiling, and when they went to various cinemas to do activities, it could be seen that they were in a good mood.

As for the other crew members, they will have to wait until the movie is completed and the celebration party is held.

If we look at it from a purely financial perspective, Fang Hexuan definitely lost a lot on this movie.

But if you look at it from the perspective of DreamWorks Entertainment as a whole, he is making money.

On Monday, October 10, DreamWorks Entertainment’s share price surged to HK$9 within half an hour of opening.

The stock price has increased by 143% compared to before the release of "Drunken Master".

If we look at the stock price when the movie is taken off the screen, it will probably exceed HK$5.

A "penny stock" that has become a firm favorite among Hong Kong people.
In just a few months, the stock price rose to more than ten times its original price.

This happened when there were not many floating shares in the market.

Fang Hexuan took this opportunity to release 5% of his shares and asked other shareholders to release 5% as well.

In this way, there are 10% more DreamWorks Entertainment shares in the secondary market.

Make the trading of this dark horse stock more active and frequent.

As of October 10, "Drunken Master" had been released for 25 days and the box office reached 20 million Hong Kong dollars.

It surpassed the previous Hong Kong film box office champion "Half a Catty, Eight Taels" in one fell swoop.

The sensational effect it brought spread to every corner of Hong Kong.

DreamWorks movies are also well known to Hong Kong citizens.

Especially the company's logo and opening animation, which are remembered by many people.

Compared with the tacky opening titles of other film companies, DreamWorks's is indeed full of artistic flavor.

Now, this company, which was founded only a few months ago, has set a new record for Hong Kong films. How can it not be talked about by the media and ordinary citizens?

After half a month of preparation, DreamWorks Entertainment's share price has risen to HK$6.76.

Many investors who bought its stocks were full of praise for it.

Many retail investors also gave this stock a name with excellent meaning - God of Wealth Stock!

However, such wealth-making stocks will appear more and more frequently in Fang Hexuan's listed companies in the future.

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On October 10, Fang Hexuan, You Bingwen and other lawyers once again came to HSBC headquarters.

This time, Shen Bi met him in person.

"Haha, Mr. Fang, congratulations on the huge success of your DreamWorks movie, and congratulations on the long-lasting stock price of DreamWorks Entertainment!"

"Thank you for the compliment, Chairman Shen. Compared with HSBC, my little trick is really insignificant."

"Mr. Fang is too modest. You Chinese are too modest too. The movie box office broke records and the stock price increased by more than ten times. This is a masterpiece to be proud of in any country."

"Thank you! However, I came here this time to communicate with Chairman Shen. I want to clear all gold futures contracts within the next few days. The deadline is the 30th."

"Oh Mr. Fang, do you have any other ideas?"

"Well, that's true."

"But gold has risen sharply. If I remember correctly, the average price was $173 per ounce when you first bought it. Now the price is $233.7 per ounce. Why are you selling it?"

"Well, to be honest with you, Chairman Shen, my intuition tells me that the price of gold will fall after the 30th."

"Mr. Fang, investment is not something you can just do on a whim. You have to be careful!"

"Thank you, Chairman Shen, for your reminder. I still trust my feelings as always. Otherwise, I would not have bet that the price of gold would rise."

"."

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After Fang Hexuan left, Shen Bi called the manager of the investment department to come over.

"Do you think Fang Hexuan really makes investments based on his feelings?"

"Chairman, I don't know if he is being mysterious, but since he dares to gamble so much, he must be sure of it."

"But we can't gamble with him. We are a bank and all our investment activities are based on data and market observations."

"How about doing the same as him and selling half on the 30th and not moving the other half?"

".Okay, you will supervise this matter personally. If Fang Hexuan wants to clear the contract, you must cooperate normally."

"Ok!"

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On October 10, the price of gold rose to $30 per ounce.

After selling the last contract, Fang Hexuan stopped all actions.

This time, the average price of gold he sold was US$242 per ounce.

The futures contract assets of HK$40 billion increased to HK$55.954 billion.

HSBC followed suit and sold half of the 20 billion gold investment they had secretly entered into the market on that day, and the profit was also good.

However, after selling half of the gold contracts, the price of gold fell day by day.

Shen Bi and the people from HSBC's investment department were shocked.

What puzzled and surprised them even more was that

By November 11, the price of gold had fallen to $30 per ounce from $243.8 per ounce a month ago.

Fang Hexuan found HSBC's investment department again and used all his previous assets to buy gold again.

At this time, no matter how stupid the people at HSBC were, they knew they had to follow up immediately.

Fang Hexuan's mysterious operation made Shen Bi and HSBC take him more than twice as seriously as before.

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(End of this chapter)