Chapter 415 Asian Superstar Training Program

Chapter 415 Asian Superstar Training Program

Chapter 415 Asian Superstar Training Program
Central, HSBC Bank:
Sanders looked at the newspaper in his hand, frowned, and said after a long while: "It seems that Yang Wendong is planning to invest heavily in Singapore this time."

"It is very likely that his real estate company is cashing out Hong Kong real estate on a large scale." A red-haired foreigner nearby also agreed and said, "It seems that he chose Singapore as the destination for his cashed-out funds."

Sanders smiled and said, "He is indeed a smart man. Singapore is located in a place where Chinese people gather. According to our information, a large amount of Chinese capital will definitely be invested in it in the future. It may become the second Hong Kong."

"Well, the British Empire has had to give up so many high-quality places over the years." The red-haired ghost sighed, then looked at Sanders and asked, "What's wrong? I see that you look a little sad. Isn't that what you think is that the housing prices in Hong Kong are too high now?"

"That's not what I'm thinking about," Sanders said. "It's that Yang Wendong didn't go through HSBC when he went to Southeast Asia to invest this time."

The red-haired foreigner said, "This is normal. Yang Wendong has been focusing on the overseas market over the years. His company's products are sold throughout Europe and the United States, and sales are very stable. Overseas banks are also very willing to cooperate with him, so it is unlikely that you will be able to obtain Changxing Group's exclusive right to overseas investment and finance."

"Yeah, it's a pity." Sanders nodded.

If it is a normal local Hong Kong enterprise that has been operating in Hong Kong for a long time, if this operating data is given to other overseas banks, they basically dare not recognize it because the cost of verification is too high. The same is true for HSBC. If a local Southeast Asian enterprise takes its own operating records to HSBC for a loan, Sanders will not dare to agree casually. This is also human nature to avoid risks.

Therefore, over the years, when Hong Kong companies want to invest overseas, they mostly rely on HSBC. Even Jardine Matheson and Swire sometimes give priority to HSBC because they know the background and the guarantee is guaranteed;
But Yang Wendong is different. He doesn't have many fixed assets in Hong Kong. Instead, he has a large number of product patents, overseas channel relationships, etc., which are of higher value. Hong Kong is just where the production line is located. Even if Hong Kong can't produce one day, they can still recover in one or two years in other places.

Therefore, in the eyes of international banks, the risk of lending to Changxing Group is very low. In this way, even if HSBC can become one of the partners, it is only one of them.

The red-haired foreigner added, "Compared to this, I am more worried about the Chinese banks in Hong Kong, such as Hang Seng Bank. They have been developing too fast in recent years, and recently Hang Seng has issued additional shares, which has attracted many Chinese to invest, including Yang Wendong."

After listening to this, Sanders nodded and said, "Yes, Hang Seng Bank is developing too fast. I heard that they are planning to build branches overseas. Once they succeed, Hang Seng will have foreign exchange in their hands, and then HSBC's advantage will be gone."

HSBC's biggest advantage is that as a "quasi-central bank", it controls a large amount of foreign exchange. Many companies that want to trade with overseas companies conveniently can only turn to HSBC.

For example, shipowners in Hong Kong can basically only turn to HSBC to buy ships, and Standard Chartered, another foreign bank, only got a small share.

Although Chinese banks can also do foreign exchange business, they are just HSBC's downstream customers. Chinese banks collect enough data and then ask HSBC to exchange foreign exchange in a unified manner. It can be said that in the matter of foreign exchange, HSBC only outsources some business to some Chinese banks, but they are only small businesses. The larger ones are still done by HSBC itself. Those big companies are not stupid and will not let Chinese banks charge an extra fee.

The red-haired ghost asked: "What should we do then?"

"Don't worry, the banking market in Hong Kong is dominated by British capital." Sanders said calmly, "As long as the British Hong Kong government is still in place, it is impossible to let the Chinese control such important finance. Even in Singapore, which is already an autonomous state, finance is still in the hands of British capital.

At most, the American-owned Citibank has grabbed a small share of the market, and the local Chinese banks are far behind.”

"That's right." The red-haired ghost nodded and said, "But after that incident, the mainland's foreign negotiations have become much tougher. I'm worried that the British government won't dare to do that either."

Sanders paused, and after a moment of silence, he said, "If that's the case, then there's really nothing we can do."

Small businesses rely on strength, but big businesses, in addition to strength, also depend on the background behind them. If the background is not as good as others, then you can only accept your fate.
Changxing Group spent 6000 million Hong Kong dollars to invest in Southeast Asian cinemas. This news began to spread among the people in Hong Kong. However, it had no direct relationship with the lives of ordinary citizens, so the impact was not great. Most people just talked about it as gossip and didn't care after talking about it twice.

Some of the original small film companies immediately geared up and started making movies, because one of them sent a representative to inquire about the Changxing Cinema Line, and the answer they got was that in the future, each film would have a much greater chance of being released in Southeast Asia than before.

However, the prerequisite is to have a good result in Hong Kong first, but in any case, the chances will be much higher than before.
Inside Changxing Building, Zou Wenhuai reported recent events to Yang Wendong.

After listening to this, Yang Wendong said, "So what you mean is that instead of buying out the films, you will send some high-quality films overseas, and then give a share of the profits there and return them to other film companies in Hong Kong?"

"Yes, the buyout model has both advantages and disadvantages." Zou Wenhuai explained: "Many movies were bought out by Southeast Asian theaters before, but the results were mediocre, which led to them not daring to buy more, which in turn cut off the opportunity for cooperation between the two sides.

Even if a movie achieves success, the film companies in Hong Kong don’t know how successful they are, because they will get the same amount of money anyway. Or even if the movie doesn’t achieve success, Hong Kong will still get the buyout money. If this continues for a long time, Hong Kong film companies will lose their ability to judge the market.

By adopting the approach of cooperating first and then sharing profits, we can avoid excessive early investment and the risk of losses. Other Hong Kong film companies can also continue to explore new things based on their achievements, thus killing two birds with one stone.”

"Yes, sure." Yang Wendong nodded and said, "In the long run, only when there are enough good movies in Hong Kong can our cinemas make more money and give us more motivation to expand our cinemas."

Cinemas are actually like hotels. Most of the time they are not full. In many cases, they may not even be half full. Only when a few blockbuster movies come out will there be more people.

The investment in property, movie playing equipment and labor is fixed. Therefore, under the premise of maintaining the cost, one more customer can basically mean the profit of one more person. The higher the proportion of viewers, the profit will grow exponentially.

If a company wants to have a high occupancy rate for a long time, it must have high-quality movies, which is not something that a long-term film company can achieve, especially when it has more cinemas in the future. This can only be achieved by the flourishing of Hong Kong's film companies.

"Yes, I think so too." Zou Wenhuai also said: "In addition, our movie studio has been built. When the time comes, it will not only be convenient for me to use it, but also can be rented to other film companies. In this way, the cost of filming will be reduced even more."

"Well, okay, I'll go to the cinema when I have time." Yang Wendong said with a smile. With the scale of Changxing Industry today, plus a small market like Hong Kong, ordinary small industries either don't do it, or they build a full industrial chain like their own manufacturing industries.

This is the case with the film industry. From the front-end film and television city to the back-end theater chain, everything is in one's own hands. This is convenient for one's own film company and can also drive the development of the entire industry. Just like the plastics industry, one controls the front and back ends, and takes a portion of the middle end, but it is impossible to take it all. One also has to leave some soup for others, so that the cake can be made bigger together.

Zou Wenhuai smiled and said, "No problem, you can come over anytime."

"I have done enough in the film industry. When there is an opportunity, I will continue to purchase more cinema chains or land in Southeast Asia to build more cinemas." Yang Wendong added: "My goal is to let Hong Kong films go beyond Hong Kong and enter Asia, but whether it can be realized in the end depends on the quality of the films.

Encouraging others to make good movies is one thing, but we ourselves have to do better, so next, the most important thing is to make more exciting movies. "

The cultural industry can be developed with capital, but its success still depends on quality; both are indispensable.

Zou Wenhuai nodded and said, "I understand. Currently, whether in Hong Kong, Taiwan or Southeast Asia, the most popular movies are still various martial arts movies. Now that the film and television city is established, it will be much more convenient to shoot such movies.

Next, I plan to shoot a lot of martial arts movies, so that we can cultivate famous stars according to our plan."

"Wang Yu is quite famous. He is also somewhat famous in Southeast Asia now, right?" Yang Wendong asked again.

Wang Yu is a martial arts actor who has been promoted by Changxing Film Company recently. He has strong fighting skills and the box office of several of his movies have been between 30 and 60. Although he cannot compare with the blockbuster movies, he can still achieve stable results, which is pretty good.

"Yes, he is indeed well-known now, and companies in Hong Kong have asked him to be their spokesperson." Zou Wenhuai paused and said, "But there is a problem now. Wang Yu also gets a fixed salary. Although it is more than a thousand yuan a month, it is too low compared to his movie income.

Recently, many other film companies have come to recruit him with high prices. As long as he shoots a movie, which usually takes one or two weeks, they will offer several thousand yuan, which makes him very tempted. "

"Then he didn't go?" Yang Wendong asked back.

"No." Zou Wenhuai shook his head and said, "He told me this matter very obscurely, which should be a reminder to me."

"That's not bad. Even if it's just a reminder, it's very principled." Yang Wendong smiled and said, "Actually, this is to be expected. Take Hollywood for example. Actors there also received fixed salaries decades ago, but later it evolved into today's high-income model.

It’s similar in other countries, except that the market in Europe is not as big as in the United States, so the revenue is not as high as in Hollywood.”

"Mr. Yang, do you mean to agree to give them a raise?" After hearing this, Zou Wenhuai's eyes were filled with disbelief.

If this happened at Shaw Brothers, the person who asked for a pay raise would definitely be scolded or even fired; and although he knew that Yang Wendong was much more generous, he didn't expect it to be so smooth.

"It's useless to disagree. If they want to leave, you can't force them with a knife, right?" Yang Wendong said, "Although our Changxing Group has controlled half of the film industry and can indeed ban a certain actor, it doesn't make much sense. When a group can create high value, it should also be compensated accordingly."

Although many people think that it is unfair for celebrities to earn too much, Yang Wendong actually thinks it is fair, because the success of an actor is also the result of countless people trying to cross a narrow bridge, and finally a few people succeeding.
Moreover, the ability of an actor is also related to artistic talent, which cannot be cultivated. It can only be rare and valuable. The mainland also developed in this way in the past. Later, Internet capital forcibly controlled it and wanted to mass-produce traffic stars. In the end, what kind of things were produced?
Today's Changxing Group can naturally ban Wang Yu, but the result of doing so will be that not many people will come to participate in the performance, which is not good for the development of the film industry.

In the 80s, Hong Kong's top stars made millions for each movie and tens of millions a year, which became an important driving force to attract countless young people to enter the film and television industry.

For Changxing Group's cultural industry goals, this amount of money is nothing. On the contrary, if this money is spent, it can cultivate stars, movies, music, televisions, etc. that will make a sensation in Asia, and the company can get a return tenfold or even a hundredfold.

Zou Wenhuai said: "Okay, then I will re-formulate an income plan for actors, directors and screenwriters to ensure that they have higher incomes and stronger motivation to shoot more movies."

"Okay, this is the best way to achieve mutual benefit." Yang Wendong nodded, and then said, "Besides Wang Yu, are there any other people who are famous?"

Zou Wenhuai replied: "Not at the moment."

"That won't work. Actors also need a variety of talents to flourish." Yang Wendong thought for a moment and said, "There is a Maritime Academy in Kwai Chung. Did you know that it is specially designed to train talents for Changxing Shipping?"

"I've heard of it." Zou Wenhuai immediately understood: "Mr. Yang means that we should also cultivate our own talents?"

"Yes." Yang Wendong nodded and said, "It's too slow to rely on the market to slowly attract people. We have to have our own plan;
In this way, you can choose a place in Tseung Kwan O and build a similar school to specialize in training actors, screenwriters, and directors. Actors need to be divided into many categories, and according to the requirements, it is best to choose those with academic qualifications.

It's a good opportunity to publicize Wang Yu's high-income image and let many people know that they can make a lot of money by making movies. What I want to do is to train a group of talents in the shortest time possible.

It's not just you, TVB is also preparing to shoot a large-scale costume drama, and they are also in need of talent, so it's just right to train them together."

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(End of this chapter)