The change of managers between the two major groups Wheelock Holdings and Yuntao Holdings did not cause much fluctuation in the Hong Kong stock market. Hong Kong stock investors have long been accustomed to it over the years.
However, the Xiangjiang media are very interested in Zhou Pengfei's return to Hong Kong. You must know that this British-Chinese legend is now the chairman of the board of directors of Yuntao Holdings Group and the president of the group.
Li Jianhui didn't care how Zhou Pengfei faced the Hong Kong media. At noon on the 15th, he and Lei Juekun hosted a banquet for Shaw, chairman of the board of directors of Wireless Media Group, at the Yanhui Hotel in Central.
The purpose this time was very clear, which was to draw Run Run Shaw to the Tung Wah Club.
After drinking for three rounds, Lei Juekun spoke up: "Shao Sheng, I know you are a person who loves film and television. It can be said that the development of Wireless Film and Television Media Group to what it is today is mainly because of you.
It's just that as of now, although you are the chairman of the board of directors of Wireless Film and Television Media Group, the largest shareholder is still Lijia, and you cannot fully make the decision on some things.
And you should know that Nanjiang Club has currently focused on Asia Film and Television Media Group, and the future development of Wireless is only..."
Run Run Shao naturally understood the meaning of Lei Juekun's words. He was not an unknown person in Xiangjiang, and he was also very well-informed.
Recently, due to the capital injection and matchmaking by several major Nanjiang Hui families, Jiahe has been acquired by Asia Film and Television. At the same time, Asia Film and Television also acquired the Industrial and Commercial Daily owned by the He family.
It is said that Asia Film and Television has reached an acquisition agreement with EMI Hong Kong Records and is now just waiting for the official announcement.
Once the integration is completed, the strength of Asia Film and Television Media Group will catch up with Jiayi, and even Wireless will be stepped on by it.
You must know that neither Golden Harvest nor EMI is an average person among their peers. Even if Xiangjiang Film Company joins forces, Golden Harvest still firmly occupies the top three positions, and only Jiayi and Xinyi City can compete with them.
Neither his Wireless Pictures nor Desheng Pictures, which has gained momentum in the past two years, are qualified to compare with Golden Harvest.
EMI Records in Hong Kong is equally strong. It not only has the new generation king Chen Pak Keung, but also has the older generation of powerful singer Luo Wen, as well as newcomer Lin Yilian.
You must know that Asia Film and Television Media Group's record company also has the king Zhang Guorong. Once the integration is completed, it is fully capable of wrestling with Jiayi Records and Polygram.
On the other hand, China Star Records, a subsidiary of Wireless, not to mention compared with these three companies, even Far East Records is stronger than China Star.
The sales volume of Industrial and Commercial Daily ranks among the top ten in Hong Kong. The acquisition of this company can be said to be even more powerful for Asia Film and Television Media Group.
"Lei Sheng, Li Sheng, I am not a person with limited information. Recently, you have been making many moves, focusing on the industries under the Nanjiang Society.
You have already taken over Aimego, and now you are interested in Wireless. I'm just sorry, but I have no intention of selling my shares."
"Shao Sheng, you should be aware of the current situation of Xiangjiang Film and Television Media. Just talking about TV stations, except for our Jiayi and your TVB, which are slightly profitable, the other ones are basically losing money.
But your TVB side also has problems. When the advertising investment invitation for next year is held in September this year, I am afraid that the companies under the Far East Association will no longer participate. Without this business, it will be difficult for TVB TV stations to make profits before next year.
In terms of film and television, although it has the foundation of Shaw Brothers, it is undeniable that it is no longer the 1960s and 1970s, and Wireless Pictures is not the Shaw Brothers it once was. Let alone the top two, it is now in the top.
All ten are quite difficult.
In terms of records, with the rise of major record companies and newcomers in recent years, China Star has not only lost the ability to compete with PolyGram, but has also been surpassed by Jiayi, EMI, and Far East.
In the latest ranking of the top 20 singers in Hong Kong, no one from China Star Records was selected, which is enough to show that China Star has declined.
Especially now that Nanjiang will focus on supporting the development of Asia Film and Television Group, if TVB does not seek changes, the Hong Kong film and television media industry will have no foothold in the future."
Although Li Jianhui's words are heartbreaking, Run Run Shaw knows very well that Li Jianhui's words are true. Wireless has reached a point where it must change, otherwise it is likely to disappear from the sight of Xiangjiang citizens in the near future.
It's just that I haven't figured out how to change Run Run Shaw. There isn't much hope for Nanjiang Club. Originally, Nanjiang Club is relatively small compared to other companies. With the focus on supporting Asia Film and Television Media Group, it's difficult to give much support to Wireless.
Jiayi has always been a direct descendant of the Donghua Club. Even if he comes here with Wireless, I'm afraid it will be difficult to obtain too many resources.
Far East, New Asia, Sun Hung, and Heung Wah also have film and television media groups under their subsidiaries, but they are also in trouble.
After some thinking, Run Run Shaw really thought of a good home for Wireless. With the support of this force, it would be more conducive for Wireless to expand into the Southeast Asian market.
Li Jianhui and Lei Juekun still didn't know what Run Run Shaw was thinking in his heart, and they didn't know that they had made a wedding dress for someone else, so they continued to persuade Run Run Shaw.
He said that the strength of the Tung Wah Association is fully capable of supporting the development of the two film and television media groups. As long as Run Run Shaw is willing, the Tung Wah Association will only operate through the stock market. The two parties will jointly kick out the Lee Family, and Wireless will still be controlled by Run Run Shaw.
At the same time, the Kowloon Lei Family and the East Asia Lee Family will fully support the development of TVB Film and Television Media Group, and Jiayi will form a healthy competition with TVB.
"Thank you very much for your kindness. I also know that Tung Wah Club has the strength to support the simultaneous development of Jiayi and Wireless.
It's just that the Tung Wah Association already has a good reputation in Hong Kong, and it was difficult for our wireless company to develop much in the past. Moreover, for the Tung Wah Association, it was just a waste of food and a pity to abandon.
If you hadn't wanted to attack the Nanjiang Society this time, I'm afraid you wouldn't have thought of kicking Lijia out of Wireless, let alone supported the development of Wireless.
I have never intended to get involved in the fights between Hong Kong's wealthy families, which is why I have not joined any association now.
It's a pity that it's no longer the same as it was before the 1980s. It's difficult to develop without joining a group.
Although TVB's strength is declining, I still have the intention to lead TVB to the top of the Hong Kong Film and Television Group. Several conferences in Hong Kong have direct film and television groups, which are not TVB's choices. I have already planned to cooperate with the Nanyang Association, so that I will not fall into you.
We are still fighting with Nanjiang Society, so I can only apologize."
Li Jianhui and Lei Juekun were quite surprised when they heard this. They would have considered it even if Run Run Shaw refused to sell, but they never expected that this person actually planned to move to the Nanyang Society.
Speaking of which, Nanyang Club is not weak in Hong Kong. Bank of Hong Kong, Sino Land, Hong Leong Group, Kerry Group, etc. have also been developing rapidly in Hong Kong and even the Greater China market in recent years.
The president of the association, Guo Ho-nien, has lived in Hong Kong for a long time and presided over the development of Nanyang Association's industries in the Greater China region. Its Nanyang University in Lisboa will be officially put into use this year and will welcome its first class of students.
Really compared to the overall strength, the Donghua Association can be said to suppress the Nanyang Association, but the other companies in Xiangjiang really do not have this strength.
This result was unexpected, but Li Jianhui and Lei Juekun were also quite satisfied. Although it would strengthen the strength of the Nanyang Society, it also accomplished the purpose of suppressing the Nanjiang Society.
Therefore, the two of them stopped communicating with Run Run Shaw about wireless matters, and the rest of the meal was quite enjoyable.
Run Run Shaw breathed a sigh of relief in his heart. He was really worried that Donghua would cling to Wireless. As for Wireless moving closer to the Nanyang Association, he was confident that he could convince the Lee Family and even the Nanjiang Association to voluntarily give up Wireless.