China Entertainment Times

Chapter 852 From now on, only Chinese movies!
On January 2016, 1, at Central Exchange Square, Han Tang Literature Group was listed on the Hong Kong Stock Exchange today.

As the most watched listed company at the beginning of 2016, Hantang Literature has been the focus of the capital market since the last month.

The total share capital is 9.06 shares, the issue price is 35 Hong Kong dollars, and the valuation is about 316 billion Hong Kong dollars, which is 250 billion yuan.

This is still based on the valuation of the issue price, and it is definitely enough to be placed on the Hong Kong Stock Exchange.

It has been a week since I came to Xiangjiang. This time, in addition to reaching an agreement with Shaw Brothers to form a distribution company in Southeast Asia, there is also the establishment of Xiangjiang Cinemas.

Now the rent of stores in Xiangjiang is ridiculously expensive. There are only 41 movie theaters left in Xiangjiang, and some districts even have no movie theaters in the whole district.

In such a small place, Tang An didn't plan to take it step by step, and directly built 20 theaters in the first batch.

The two giants of China Merchants and China Merchants will participate. With the participation of these two giants, it is enough to ensure that there will be no trouble in the process.

However, the Xiangjiang government still failed to include cinemas in cultural and entertainment facilities, and the rental cost remained high.

Tang An was not surprised either. There was no one behind these large commercial centers in Xiangjiang, and the Xiangjiang government could not move their interests.

In this place, real estate developers are the most powerful, otherwise there would be no such sentence on the Internet: more than 80% of the land in Xiangjiang has not been developed.

Although this ratio is a bit exaggerated, it is the reality.

If you want to say that Xiangjiang has many mountains, you can say something about Shenzhen and Chongqing. The population density of Xiangjiang is not as large as that of Shenzhen.

It is nothing more than the interests of those real estate developers to develop slowly while holding their hands.

Even when the living conflicts became more and more serious in the future, Xiangjiang did not increase its development efforts. Xiangjiang even proposed to lease 30 square kilometers of land in the Greater Bay Area to build a new area for residents of Xiangjiang to live in, implement the laws of Xiangjiang, and be under the jurisdiction of Xiangjiang.

This is so fucked!
Real estate developers' interests are as difficult as heaven, and it's not domestic, the above sentence matters.

However, the Xiangjiang government will provide certain subsidies for cinema facilities in the future, and will give tax breaks within three years.

Relatively high rent, better than nothing.

The current average rent in Causeway Bay has reached US$3 per square meter per year. Based on a 2000-square-meter movie theater, if one were to be opened in Causeway Bay, the annual rent would be US$6000 million.

In a golden section of Causeway Bay, where the traffic is the largest, a 30-square-meter store costs HK$120 million a month, and the annual rent per square meter even reaches US$6.

Movie theaters really cannot be opened in these places, not to mention movie theaters, even luxury goods can no longer be opened. Chow Tai Fook closed six stores last year, and luxury goods such as Prada are negotiating with shopping malls to reduce rents.

However, the investment and construction of a movie theater by China Merchants and China Run has had a significant impact. Wu Zhongquan, who owns Times Square, Harbor City and other properties, can be called a model charterer, and he is in every property under his umbrella. Free up an area of ​​3-4 thousand square meters and rent it to Tang An's new company at a price of 50%.

It seems that a 50% reduction is a lot, but now those big brands are negotiating with shopping malls, asking for a price reduction of between [-] and [-]%.

To him, this amount of money is nothing at all, and the annual rent can be more than 100 billion yuan.

The main thing is to sell the face of China Merchants and China Merchants. People with brains are not stupid. The participation of these two giants shows the direction of the wind.

In fact, many people in Xiangjiang are not as stupid as before, and there are still a few radicals.

There were even a few parades where people went to Shenzhen to find people to fill the venue. It cost three to five hundred a day, which was more expensive than group performances.

In the past few days, under the leadership of Huarun and China Merchants, Tang An visited the owners of some large properties in Xiangjiang and talked about several stores.

Each of these charterers is inconspicuous, but their worth is far beyond ordinary people's imagination. They are embarrassed to brag about a thousand houses, and the most awesome ones actually hold more than 1 houses.

There are more than 1 houses alone, and other properties can be imagined.

Doing nothing, collecting tens of billions in rent a year, the money comes so easily, people are more angry than others.

At the Hong Kong Stock Exchange, many rich people from Xiangjiang also came, including Li Zhekai, the son of Li Chaoren, Rong Minjie from the Rong family, and Huo Qigang from the Huo family.

Putting aside any other factors, in terms of the Forbes Xiangjiang rich list, only Er Li can surpass Tang An.

What's more, Han and Tang literature is indeed a favorite in the capital market now. Although it is not like the original blessing of Fujixun, the subscription frozen capital before listing reached more than 5000 billion Hong Kong dollars.

The issuance of 1.51 million shares is expected to raise funds of 52.85 billion Hong Kong dollars, but as of now, the subscription amount has reached 2800 billion Hong Kong dollars, and it is impossible to grab it.

It is inevitable that it went public two years early, and there will be another two years of blowout in this industry in the future.

There are too many rich people in Xiangjiang, Tang An can't handle it, and more than half of them have never even met.

As the leaders of Xiangjiang's entertainment industry, Lin Jianyue, Xiang Huaqiang, Yang Shoucheng and others also came, but they were a bit out of tune with the atmosphere of the scene.

It's no secret that Tang An, Huarun, and China Merchants want to build theaters in Xiangjiang, and even cooperate with Shaw Brothers and Southeast Asian countries to develop distribution business in Southeast Asia.

The biggest hit was the local film companies in Xiangjiang. Once Tang An holds half of the market in Xiangjiang cinemas and monopolizes the distribution business of Chinese-language films in Southeast Asia, Xiangjiang Films is bound to face another huge impact.

Xiangjiang movies have been relying on foreign cities for decades. Now Xiangjiang movies are not easy to sell in the mainland, and they can’t be sold in Taiwan. The same is true in the mainland, so they can only rely on the Southeast Asian market.

Although it is not much, it is hundreds of thousands of dollars per country, and selling millions of dollars in Southeast Asia, it is not a problem to make some money.

If the Han and Tang Dynasties had successfully opened up the Southeast Asian market, a large number of Chinese-language films would have entered the Southeast Asian market in an all-round way, and the living space of Xiangjiang Films would have been squeezed.

The faces of the few people were not very good-looking, and Yang Shoucheng even encouraged Xiang Huaqiang to make trouble, not only for the movie theater that Xiangjiang was about to build, but also for the distribution staff who would go to Southeast Asia to open up the market in the future.

But Xiang Huaqiang is not stupid, let's not talk about what it means for Tang An to make Huarun and the China Merchants platform, just talk about Tang An, he can't use those methods.

A net worth of hundreds of billions is not just a number, everyone has to weigh it.

The means of not being popular can only deal with people who are not as powerful as themselves. Xiang Huaqiang has no way at all. They are no longer at the same level as Tang An.

Now Xiang Huaqiang can only hope that "Legend of the Gods" released this year will be successful, so that he can gain a firm foothold in the mainland film industry and join the ranks of several giants along the way.

There were a few people in the crowd who were not in a much better mood than them. Shao Jianqiu, the general manager of Shaw Films, and several directors were present.

A few days ago, they signed the contract with Cheng Hai full of aggrieved hearts.

The new company in the future will be completely dominated by Hantang, with absolute control. Shaw Brothers will only be responsible for assisting in the development of distribution networks in Southeast Asian countries. Most of the new hundreds of distribution specialists will also be transferred from Hantang.

Shao Jianqiu and the others originally wanted to gain control of the publishing business, which meant they would hold the lifeblood of the new company, but they were rejected by Cheng Hai's words.

It can be said that in the future, these hundreds of distribution specialists will take over their original distribution network from Shaw Brothers and expand it.

Distribution resources are in the hands of Han and Tang, which means absolute initiative, and Tang An will dominate the fate of Xiangjiang Films in the Southeast Asian market.

Lacking the Southeast Asian market, Tang An built a large number of movie theaters in Xiangjiang. Major companies in the mainland released a large number of movies every year. Except for the films of Cheng Long and Liu Dehua, who were valued, other Xiangjiang movies were just a formality.

"Xiangjiang films are really going to become history."

Shao Jianqiu, the only remaining first-class producer of the Shaw Group, a middle-aged man who was promoted by Li Rui to the high position of general manager because of his surname Shao, couldn't help but let out a burst of sighs.

The saying that Hong Kong films are dead has been shouted for more than ten years. Every few years, excellent Hong Kong films such as "Infernal Affairs" and "Cold War" continue the life of Hong Kong films.

However, Hong Kong Films cannot be saved by one or two films. Now Xiangjiang Films can still sell some money in Southeast Asia, Hong Kong, and the Mainland, barely allowing the industry to continue to survive.

Once the Southeast Asian market is lost, 80% of the small and medium-budget Xiangjiang movies will lose their money, and Xiangjiang movies will be completely dead.

As for whether Tang An will vigorously promote Xiangjiang movies in Southeast Asia, Shao Jianqiu can figure it out without thinking.

Tang An's own company has a lot of movies every year, and there are hundreds of movies in the mainland every year. It is impossible to push some small and medium-cost Xiangjiang movies instead of pushing them.

"From then on, there are really no Xiangjiang movies, only Chinese movies."

(End of this chapter)