nucmednet Chapter 78 Hungry Dogs Devour Dragon Remains
Chapter 78 Hungry Dogs Devour Dragon Remains
Queen's Road, Diamond Restaurant.
Zou Wenhuai stood up, his expression excited, and said, "Ah Jiang, you're really something! You made a fortune of hundreds of millions in just six months. I'll drink this cup to the last drop. Considering our past relationship, I'll give you more help in the future..."
Looking back, that mangy dog that risked its life for its owner has now grown into a billionaire, a figure unattainable to most.
The initial investment of HK$5 in the acquisition of "Wang Goo Daily" resulted in a 30% stake, which was diluted to 5% after a series of restructurings.
With a paid-in capital of 2500 million shares, 5% is 125 million shares.
At the close of trading, each share was worth HK$5.2, amounting to HK$687.5 million, a staggering 137.5 times increase.
Although Chen Guanjiang sold 1500 million shares to raise HK$6750 million with a 60% stake, he still holds a 35% stake of nearly 875 million shares, so controlling the company is not a problem.
Zou Wenhuai watched as Chen Guanjiang wielded immense influence in the capital market, with the agents of the Kowloon Club fawning over him. His ultimate goal of starting his own business had been easily achieved by Chen Guanjiang within six months.
It remains to be seen how many years it will take Golden Harvest to reach this point, or even whether it can achieve it in a lifetime.
Little did anyone know that Chen Guanjiang was not satisfied with the two presidents' failure to show their support, and the drink he shared with them was a somber affair. It can only be said that the two sides were no longer on the same level.
Miao Kexiu, who was serving nearby, looked at him with admiration and raised her glass with a hint of resentment, saying, "I've never admired anyone this much in my life. At least have a drink with me so I can share in your good fortune..."
Looking back, during the interview with The Hyena Daily, the way this young man looked at her revealed a deep-seated desire that seemed beyond his years.
Having spent years mingling at banquets hosted by powerful figures, I am extremely sensitive to such lustful gazes, and I find it particularly repulsive that such a gaze is emanating from the eyes of a young man.
Now, Miao Kexiu finds herself enjoying this admiring gaze, proving that she has a charm that appeals to all ages.
Unfortunately, Chen Guanjiang's gaze was calm and still, as if the look he had given her six months ago, when he seemed to want to pin her against the wall, was just a mistake in his memory.
Little did they know, Chen Guanjiang was indeed lusting after her body at the time.
This darling of Golden Harvest, Bruce Lee's leading lady, and a beautiful woman whose name is etched in the annals of film history, plays her role as if she were playing the entire glittering 70s.
Youth knows no sorrow, old age brings only tears.
As his wealth continued to increase, Chen Guanjiang still felt he needed to learn self-control to avoid ruining his health early on from excessive play, which would prevent him from enjoying more and better things in the future.
Unwilling to be tempted by beauty, Chen Guanjiang downed his drink and said, "Uncle Zou, the HK$6750 million will arrive the day after tomorrow, which is equivalent to US$1195 million at the exchange rate. What's your offer?"
"$600 million, contract ready to be signed anytime!"
Chow attended the listing event of the Koo News Corporation not only because he is a minority shareholder, but more importantly to promote the box office of his own film.
Golden Harvest may seem capable of going toe-to-toe with Shaw Brothers, but in reality, they have their own troubles.
Of the 16 joint cinema chains, only two truly belong to Golden Harvest: Golden Harvest Cinema on Nathan Road in Kowloon and Ocean Terminal Cinema in Ocean Terminal, and both are long-term leases.
Who with hair wants to be bald?
Who wouldn't want to own their property and build a movie theater?
Unfortunately, I didn't have the money.
Having witnessed firsthand how the Yahoo! News went public and made money, how could Chow Wen-huai not also want to push Golden Harvest to go public?
Unfortunately, it won't work.
Even though the listing requirements have been lowered again and again, and many real estate companies can be listed with only one office building, Jiahe cannot even meet this requirement.
Even with two long-term leased cinemas and a run-down film set, it still wasn't enough. After investigating Li Xiaolong's intention to leave for Hollywood, the stock exchange didn't bother with him anymore.
just now!
Simply by selling the global box office revenue of the five films in advance, one can receive $600 million in cash, which is equivalent to HK$3390 million.
With a budget of HK$300 million to build a cinema, Golden Harvest could expand to 11 cinemas in one go.
Once a cinema is established and the property is owned, there are fixed assets, which allows the company to go public and raise funds like Shaw Brothers and the Kompas newspaper, and to quickly grow into a company no less large than Shaw Brothers.
however!
Zou Wenhuai looked at the terms of the contract and fell into deep thought. After a moment, he hesitated and asked, "Ah Jiang, aren't you just buying box office revenue? Why are you also adding all the final copyrights related to the film?"
"Isn't this because I'm worried about causing trouble?"
Chen Guanjiang smiled and said, "Uncle Zou, as you know, cultural copyright is not like a technology patent. The related derivative value is very difficult to define. I'll buy the ownership to avoid any unpleasantness in the future."
"Ah Jiang, that's not fair of you!"
Chow Wen-huai's smile froze on his face as he said, "My former boss was the number three person at TVB. Mickey Mouse is only a year younger than me."
The reason why TVB recruited Shaw Yi-fu was because it valued Shaw Brothers' vast film library, which could provide the TV station with films for broadcast, which was obviously a considerable source of income.
The Mickey Mouse that grew up alongside him over the years also gave Zou Wenhuai a vague understanding of what IP value is and a deep understanding of what intellectual property rights are.
After all, three years ago, Shaw Brothers sued "One-Armed Swordsman vs. Blind Swordsman" and "The New One-Armed Swordsman" for copyright disputes, and Shaw Brothers paid a million Hong Kong dollars in legal fees for the result.
Seeing that he couldn't fool him, Chen Guanjiang wasn't embarrassed and said, "Television broadcasts don't make much money. Li Xiaolong is a living person, not Mickey Mouse. Uncle Zou, if you think you're losing money, I'll add another $10."
"No way..."
Zou Wenhuai kept calculating in his mind: "You bought global ownership, including the broadcasting rights of all TV stations worldwide, and the rights to the five films by Bruce Lee. $10 is definitely not enough."
"Then name your price?"
“…………”
This move, a strategic retreat, has left Zou Wenhuai bewildered. Just as global film box office revenue is a betting agreement, so too are global television broadcasting rights.
European and American television stations have never broadcast Chinese-language films. Even though Shaw Brothers established a channel for Chinese people in Southeast Asia, it mainly featured martial arts films, Huangmei opera, and socially realistic art films, which did not fetch high prices.
Furthermore, Li Xiaolong is signed with his own company, Concord, and is not a fictional character like Mila Mouse, so his personal value cannot be quantified through his films.
However, Chow Wen-huai firmly believes that Li Xiaolong's films possess other values, but these are indescribable and inexpressible, so he doesn't know how to price them.
If there's too little, I'm afraid I'll suffer a loss; if there's too much, I'm afraid I'll scare them away.
After hesitating for a long time, Zou Wenhuai tentatively offered, "Then... add another million US dollars?"
"The box office performance of Bruce Lee's movies is unknown, and whether they have any derivative value is also unknown. I'm only contributing $10 to avoid future trouble..."
Chen Guanjiang continued, "I can offer a maximum of $50, which, together with the previous offer, would amount to $650 million. The initial offer for the five films was $546.7 million, which was already the maximum I could offer."
"I buy box office tickets to speculate on stocks, not because I value Bruce Lee that much. If even that doesn't work... then forget about this collaboration. Even if the deal falls through, we can still be on good terms. I can go to Shaw Brothers."