Chapter 868 From now on, there are only Chinese movies!
On January 11, 2016, Han and Tang Literature Group was grandly listed on the Hong Kong Stock Exchange today at Central Exchange Square.
As the most watched listed company at the beginning of 2016, Han and Tang Literature has been the focus of the capital market since the past month.
The total share capital is 9.06 shares, the issue price is HK$35, and the valuation is approximately HK$31.6 billion, which is 25 billion yuan.
This is still based on the valuation of the issue price, and it is definitely significant enough when placed on the Hong Kong Stock Exchange.
I have been in Xiangjiang for a week. This time, in addition to reaching an agreement with Shaw Brothers to establish a Southeast Asian distribution company, I also came to establish a Xiangjiang cinema chain.
Nowadays, store rents in Xiangjiang are ridiculously expensive. There are only 41 movie theaters left in Xiangjiang, and some districts even don’t even have a single movie theater in the entire district.
For such a small place, Tang An is not prepared to build 20 cinemas in the first batch.
The two giants Hua Run and China Merchants Group 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 Hong Kong government still fails to include cinemas in cultural and entertainment facilities, and rental costs remain high.
This is no surprise to Tang An. There is no simple person behind these large commercial centers in Xiangjiang, and the Xiangjiang government cannot affect their interests.
The real estate developers in this place are the most powerful, otherwise there would be no such sentence on the Internet: More than 80% of the land in Xiangjiang remains undeveloped.
Although this ratio is a bit exaggerated, it is the reality.
If Xiangjiang has many mountains, then Shenzhen and Chongqing have something to say. The population density of Xiangjiang is not as high as that of Shenzhen.
The slow development is nothing more than the interests of those real estate developers.
Even when the housing conflict 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 Xiangjiang laws, and be governed by Xiangjiang.
This is ****!
The interests of real estate developers are as difficult as reaching the sky, and it is not a matter of the above sentence in China.
However, the Hong Kong government will provide certain subsidies for cinema facilities in the future and provide tax reductions within three years.
Compared to the relatively high rent, it is better than nothing.
The current average rent in Causeway Bay has reached US$30,000 per square meter per year. For a cinema with an area of 2,000 square meters, if one were to open in Causeway Bay, the annual rent would be US$60 million.
On a prime road in Causeway Bay, at the intersection with the largest flow of people, a 30-square-meter shop costs HK$1.2 million a month, and the annual rent per square meter even reaches US$60,000.
These places really can't open movie theaters, let alone movie theaters, and even luxury goods can't open. Chow Tai Fook closed six stores last year, and luxury goods such as Prada are negotiating with shopping malls to reduce rents.
However, China Merchants Group and Hua Run's participation in the investment and construction of a cinema still has a considerable impact. Wu Zhongquan, who owns many properties such as Times Square and Harbor City, can be regarded as a model charterer. He is in every property under his ownership.
Free up an area of 3-4 thousand square meters and rent it to Tang An's new company at 50% of the price.
It seems that a 50% reduction is a big deal, but now the big brands are negotiating with shopping malls, asking for price reductions between 20 and 30%.
To him, this amount of money is nothing. He can collect more than 10 billion in rent per year.
The main thing is to sell the face of Huarun and China Merchants Group, and smart people are not stupid. The participation of these two giants shows the direction of the trend.
In fact, many people in Xiangjiang are no longer as stupid as before, and the radical ones are still in the minority.
There are even a few parades where people go to Shenzhen to find people to fill the venue, which costs three to five hundred dollars a day, which is more expensive than group performances.
In the past few days, Tang An, under the leadership of Hua Run and China Merchants Bureau, visited some owners of large properties in Xiangjiang and negotiated with several stores.
Each of these charterers is not impressive, but their wealth is far beyond ordinary people's imagination. They are embarrassed to brag about having a thousand houses. The most powerful one actually owns more than 10,000 houses.
There are more than 10,000 houses alone, and other properties can be imagined.
Doing nothing, collecting tens of billions in rent a year, money comes so easily, it's so frustrating to compare people to others.
At the Hong Kong Stock Exchange, many rich people from Xiangjiang also came. Li Chaoren's son Li Zhekai, Rong Minjie from the Rong family, and Huo Qigang from the Huo family also came.
Putting aside any other factors, in terms of the Forbes Hong Kong Rich List, only Er Li can surpass Tang An.
What's more, Han and Tang literature is now indeed popular in the capital market. Although it is not like the original blessing of Tengxun, the subscription frozen capital before listing reached more than 500 billion Hong Kong dollars.
The issuance of 151 million shares is expected to raise HK$5.285 billion, but as of now, the subscription amount has reached HK$280 billion, making it impossible to grab it.
It was listed two years early, which is inevitable. There will be another two years of blowout in this industry in the future.
There are so many rich people in Xiangjiang that Tang An can't cope with them. He has never even seen more than half of them.
As leaders in the Xiangjiang entertainment industry, Lin Jianyue, Xiang Huaqiang, Yang Shou-cheng and others also came, but they were a bit out of tune with the atmosphere.
Tang An and Hua Run, it is no secret that China Merchants Group plans to build a theater chain in Xiangjiang, and even cooperate with Shaw Brothers and Southeast Asian countries to develop distribution business in Southeast Asia.
The biggest hit will be to the local film companies in Xiangjiang. Once Tang An holds half of the market share of Xiangjiang cinemas and monopolizes the distribution business of Chinese-language films in Southeast Asia, Xiangjiang movies will inevitably face another huge impact.
For decades, Xiangjiang movies have been relying on other places. Now it is difficult to sell Xiangjiang movies in mainland China and Baodao. The same is true in the mainland, so we can only rely on the Southeast Asian market.
Although it's not much, it's only a few hundred thousand dollars in each country, and if it's sold in Southeast Asia for a few million dollars, it's 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, which would have squeezed the living space of Xiangjiang films.
The faces of several of them were not very good-looking. Yang Shou-cheng even encouraged Xiang Huaqiang to make trouble, not only for the cinema that was about to be built in Xiangjiang, but also for the distribution staff who would go to Southeast Asia to explore the market in the future.
But Xiang Huaqiang is not stupid. Let’s not talk about what it means for Tang An to let Hua Run and the China Merchants Bureau stand. Just talking 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 inferior methods can only deal with people who are not as strong as him now. Xiang Huaqiang has no way at all. They are no longer on the same level as Tang An.
Now Xiang Huaqiang can only hope that "Legend of the Gods" released this year will be a success, allowing him to establish a foothold in the mainland film industry and join the ranks of several giants.
There were a few people in the crowd who were in no better mood than them. Shao Jianqiu, general manager of Shaw Brothers Pictures, and several directors were present.
A few days ago, with full of grievance, they signed a contract with Cheng Hai.
The future new company will be completely dominated by Han and Tang, with absolute control. Shaw Brothers will only be responsible for assisting in developing distribution networks in Southeast Asian countries. Most of the hundreds of new distribution specialists will also be transferred from Han and Tang.
Shao Jianqiu and the others originally wanted to take control of the distribution business, which would be equivalent to holding the lifeblood of the new company, but they were rejected by Cheng Hai.
It can be said that the future will be for these hundreds of distribution specialists to take over their original distribution network from Shaw Brothers and expand it.
The distribution resources are in the hands of the Han and Tang Dynasties, which means absolute initiative. Tang An will dominate the fate of Xiangjiang films in the Southeast Asian market.
In the absence of a Southeast Asian market, Tang An is building movie theaters in Hong Kong. Mainland companies release a large number of movies every year. Except for Cheng Long and Liu Dehua, whose films can be taken seriously, other Hong Kong movies are just a formality.
"Hong Kong movies are really going to become history."
Shao Jianqiu, the only first-class producer of Shaw Brothers, a middle-aged man who was promoted to the general manager position by Li Ruigang for a smooth transition because of his surname Shao, could not help but sigh.
The saying that Hong Kong cinema is dead has been shouted for more than ten years. Every few years, excellent Hong Kong films such as "Infernal Affairs" and "Cold War" are produced to extend the life of Hong Kong cinema.
But Xiangjiang movies cannot be saved by just one or two movies. Now Xiangjiang movies can still make some money by selling in Southeast Asia, Hong Kong, and the Mainland, which can barely allow the industry to continue to survive.
Once the Southeast Asian market is lost, 80% of small and medium-budget Hong Kong movies will lose their money, and Hong Kong 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 produces a large number of films every year, including hundreds of films from the Mainland every year. It is impossible to let them go and promote some small and medium-budget Hong Kong films.
"From now on, there will really be no Xiangjiang movies, only Chinese-language movies..."