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Chapter 6 Big Production

After Chiang Ching-kuo met, Chen Chong took a bunch of valuable but memorable gifts collected from the mainland that night, with Zhang Aijia, to Wei Jingmeng's residence, and lived there that night.

The next day, under the leadership of Wei Jingmeng, Chen Chong went to Taipei University, revisiting the already-exploited "knowledge economy" again, and then announced that he would donate 100,000 U.S. dollars to an education foundation of NTU.

After all this, Chen Chong flew back to Hong Kong that afternoon.

Now he has to do so many things, and he has no time to stay in Taiwan for a long time.

At the end of October, before Shen Chong went to Beijing, he authorized HSBC to help him acquire a lot of things. More than 20 days later, when he returned to Hong Kong, most of these things became his industry, and the prices were very reasonable.

Although private banking is expensive, you get what you pay for. The quality of this service is really nothing to say.

Among the acquisitions, the most expensive one is the seven-story office building located in Wan Chai. It is located in a good location and is not long. It is worth nearly HK$100 million. However, HSBC provides a mortgage and the down payment is only UU,000, which can be afforded.

Although Chen Chong knew that the Hong Kong property market would plummet in two or three years, and it was the best time to buy it at that time, but money was easy to make, and time didn’t wait for anyone. It would be more than many things to own your own office building early.

For example, after the office building is renovated, the editorial departments of "Far East Economic Review", "Asia Weekly" and "Xinbao Financial News" will be convenient for communication and integration...

"Asia Weekly" is the product of two editors of "Far East Economic Review" who set up their own business after the departure of the two editors of "Far East Economic Review" and Chen Chong was preparing to reorganize them. "Far East Economic Review" continued to be mainly in English, while "Asia Weekly" was reprinted into Chinese, making it the most authoritative political and economic news magazine in the Greater China circle and becoming the "Time" in the Chinese world.

Chen Chong is preparing to use the Far East Economic Review to influence commercial activities in neighboring countries and regions, and the Asian State Weekly to influence policy formulation between the two sides of the Taiwan Strait and the three regions to protect the Hong Kong film industry.

You should know that although Southeast Asia is a traditional market for Hong Kong films, these countries and regions are not friendly to Hong Kong films.

Indonesia began to implement the quota system in the mid-1970s, and the quota for imported movies was reduced from 76U in 19 to 100 in 1978, which basically caused Hong Kong movies to lose this market.

Singapore has increased the import tax on movies since 1976. If a Hong Kong movie sells 300,000 yuan in Singapore, it will have to pay a tax of 100,000 yuan. If it is a share account, after the box office exceeds a certain amount, 40% of the profit must be paid.

Since 1976, the tax on imported films per meter of films soared from the previous Thai baht to 30 baht. The box office of imported movies has to be taxed 35%, while local movies only need to be paid.

Malaysia stipulates that theaters must alternately screen foreign movies and local movies, and the import, transportation, distribution, and copy quantity of foreign movies are strictly limited.

Like the mainland, Taiwan has an extremely strict censorship system and has a lot of sensitive content, such as "unorthodox thought", "promoting superstition", "describing the process of sin in detail", etc., which may be banned.

All these things make the living environment of Hong Kong movies very harsh.

Moreover, as a colony, Hong Kong's political positioning is very embarrassing. Without strong government support, if you want to break the film protection system of these countries, you can only save the country in a curve and rely on public opinion and media to exert pressure.

Financial magazines seem to have nothing to do with movies, but as long as the wealth of the sunken wealth continues to accumulate, when he is rich enough to rival the country and become the focus of world attention, these magazines will subtly create an atmosphere of public opinion, thereby amplifying his wishes thousands of times. When there are any disturbances in the market, such as economic crisis, they can easily break down the rules and regulations that restrict Hong Kong movies.

Magazines are like movies, newspapers and TV stations, and can only be complemented by each other to exert their maximum power. Therefore, Chen Chong also acquired the Xinbao, which is positioned similar to the Wall Street Journal.

However, when operating a relatively "soft" business like the media, you cannot be rushing to achieve success. You need to slowly think about the style positioning of magazines, the ideological consciousness of editors, the recruitment and training of journalists, etc.

So after Chen Chong came back from Beijing, he only did one thing - to raise all employees of these three media, and the rest, as usual.

In addition to the media and office buildings, Chen Chong also acquired the printing company that "Crazy Job" was used for printing.

During the printing process of film films, a large amount of toxic waste will be generated. If you build a brand new printing factory, in addition to buying land and building, you also need to consider environmental protection issues, which is very troublesome.

The company was acquired, and firstly, it could use the original waste treatment system, secondly, the employees were skilled workers, and the training was faster than the newcomers. Thirdly, although the equipment of this company was old, it was more advanced than the equipment of the mainland studios in the 1940s and 1950s. You could borrow flowers to offer Buddha and do personal favors.

There is no need to worry too much about the reconstruction of the printing factory. The British P is the world's top film printing equipment supplier. It provides one-stop service and can build a printing factory from scratch - of course, the price is also amazingly expensive.

However, Chen Chong doesn’t care about money. The more expensive the better. It can raise the threshold and block future competitors and benefit monopoly.

Of course, it is not all about buying whatever you want, and there are also failed acquisitions...

Movie production, film printing, and film promotion all have all these sunks, three are missing and one is missing, and he still has fewer movie screenings.

If you don’t have your own theater, you can’t be considered a movie tycoon.

With the current financial resources, renting or buying, he will soon be able to build a theater chain in Hong Kong, but he doesn't want to do so.

First of all, the Hong Kong film market has limited capacity and less talent reserves. Shaw Brothers, Jiahe, and Princess Jin, who is about to be re-imposed on Chinese films, have almost burst. If another theater chain is sunk, it will be equivalent to igniting the seeds of the decline of Hong Kong films ten years ahead of schedule. In the UU era, due to too many theater chains and lack of content, independent production companies flocked to it, vicious competition, snatching people everywhere, and stardom went around to shoot a large number of junk movies, which resulted in bad reputation and quickly collapsed Hong Kong films.

Secondly, multi-hall cinemas are the mainstream in the future. The current old-style theaters in Hong Kong will soon be eliminated by the market.

Although the acquisition of a theater and when real estate is popular in the future, it will make a lot of money by converting it into a shopping mall, Shen Chong is not very interested in real estate and is just digging food from the soil. It is not much different from the landlords and wealth in the feudal era. Building 10,000 buildings will not change anything. It is too expensive to travel through the party to play this...

Chen Chong only plans to acquire a theater in a prime location, and then stuff all the latest and most advanced film projection equipment into it to build a flagship in the Hong Kong theater as a demonstration point to promote the reform of the Hong Kong film industry - Dolby stereo has been around for three or four years. There is no theater in Hong Kong that can show stereo movies, and the reaction is really slow.

"It is beneficial to the southeastern countries' clothing and hats, and the dance and imperial edict protect the platform's flute and tube playing the juntian."

What Chen Chong liked was Li Stage Theater with this couplet hanging.

The Li Stage was built in 19th and is located in the prime location of Causeway Bay. Its appearance is based on French and Italian opera houses in the late 19th century. It is decorated with Chinese style and is built with marble. There is a small tower on the top of the gate, an eaves are built on the front door and the side. There are round arched vaults on the top. There are nine golden dragons decorated with gold foil on the painting. The top of the stage is carved by Danfeng to the sun, and the lower floor is carved with two dragons competing for beads. The stage can be rotated 360 degrees and automatically converted into the set.

Li Stage is a top entertainment venue in Hong Kong. In addition to screening movies, it is also often used as a venue for entertainment activities such as Cantonese opera, opera, concerts, etc. The Miss Hong Kong campaign finals are held here every year.

This theater is a combination of Chinese and Western styles, with great characteristics, history and heritage, and is well-known throughout Southeast Asia. If you can get it, after modernization, in addition to screening movies, it can also be used as the location of the Academy Awards ceremony, and will become a legendary building like the Hollywood Chinese Theater in the future.

However, it's a pity that Lijia doesn't sell...

Li Jia is one of the four major families in Hong Kong and has an extraordinary influence in Hong Kong's political and economic circles. It is said that more than half of the real estate in Causeway Bay belongs to their family. Li Jingze, the boss of Li Jia, has served as a director of UU and has more than 90 administrative positions, including many heavyweight positions such as Municipal Council Members, Legislative Council Members, Executive Council Members, and other heavyweight positions. Li Xiaohe, the third brother of Li Jia, is a director of British American Tobacco, Cathay Pacific Airways, Shanghai Commercial Bank, and is also the founder and chairman of the board of directors of HR.

In front of such a wealthy family, Chen Chong can only be regarded as a nouveau riche. If the profit family doesn't sell it, he will have no choice.

Since you can't buy it, then build it yourself... After the gold futures investment is over, buy a good piece of land and build a unique world-class cinema.

However, before the construction of the cinema, Shen Chong was preparing to create a big-scale production movie that shocked the world.

After "Crazy Calamity", he was busy and running around, half to plan the future of the film industry and half to build the foundation of the film company.

Although everything is busy for the movie, the world has forgotten the madness of "Crazy Calamity" and regards him as a business genius, not a movie genius.

This is not good. Chen Chong needs to focus the world's attention on the movies again, especially on Hong Kong movies.

That movie "Buried Alive" was still a bunch of films, lying in the warehouse and sleeping heavily, Shen Chong had no time to toss it. Moreover, this movie was a bit off-the-scene, too experimental and too niche.

Weng Weiquan's "The Rules of the Industry" and Yu Yunhang's "The Bad List" are both in post-production. These two movies have new ideas, but the layout is not big. They are typical low-cost Hong Kong movies.

The three films that have not been released in Oriental Charm have none of the world's ability to shock the world, so when Chen Chong went to the United States in October, he commissioned Orwitz to recruit film production talents from Hollywood - he was preparing to create a Hong Kong movie with a Hollywood pattern.
Chapter completed!
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