1778【Annual Summary (Part 2)】
Yibai Fuqin Investment Bank was founded by Liang Botao, Xiatian, Li Jiacheng, Bao Yugang, Li Zhaoji, Zheng Yutong and Guo Desheng. Among them, Liang Botao and Xiatian each account for 25% of the equity, and the other five rich people each account for 10% of the equity.
Since its establishment last year, Bellfy has developed extremely rapidly in the past year. The capital has expanded from HK$2 billion in the earliest stage to HK$67.6 billion, which has increased by more than thirty times. Second only to HSBC's Solomon, a subsidiary of Citibank, is now the third largest investment bank in Hong Kong.
After hearing this, Xia Tian nodded.
It’s a shame to say that in the development of Baifuqin, he actually played a very small role, just providing funds during the start-up period. Its ability to develop to its current scale is actually attributed to Liang Botao.
Summer is good at long-term investment. He knows the future economic development trend, so he can make arrangements in advance and sow seeds in advance, and then he can harvest the fruits of victory.
Baifuqin Investment Bank operates short-term investments, mainly finance, securities, futures, etc. These areas are uncertain and unpredictable, and require a keen eye, wise mind, professional knowledge and rich experience to make money.
Xia Tian’s advanced memory is useless here, so he can’t give any decent suggestions, so he doesn’t give any instructions at the moment.
...
After the report on Tianxia Finance, it is Tianxia’s turn to publish it.
Tianxia Publishing is now considered to be the largest publishing group in Hong Kong. Its subsidiaries include Ming Pao, Ming Pao Weekly, Tiantian Daily, Fantasy World Magazine, Youth Magazine, Tianxia Comics, Qingqing Weekly, ATV Weekly and other newspapers.
"Mr. Xia, our total publishing revenue this year is HK$485.63 million. Among them, the sales of Ming Pao reached 175.66 million copies, and the annual profit was HK$59.68 million; the sales of Tiantian Daily reached 135.6600 copies, and the annual profit was HK$24.63 million; the sales of Fantasy World reached 116.300 copies, and the annual profit was HK$42.83 million..." Tang Congshenghui, general manager of Tianxia Publishing, reported.
Xia Tian nodded while listening.
Although Tianxia Publishing's profit is not as good as a fraction of Tianxia Real Estate, he has never ignored this department. Because Tianxia Publishing is a reflection of its soft power. With Ming Pao, Tiantian Daily, Ming Pao Weekly and other publications, it can influence public opinion in Hong Kong in summer, smear opponents and whitewash himself, which has a great effect.
Moreover, no matter how much money Tianxia Real Estate makes, it is just money and can only be prominent for a while. The publishing of Tianxia is culture, which is a priceless treasure.
For example, Jin Yong and Gu Long's novels are still read and appreciated by others decades, and they will not be forgotten even after a hundred years. However, no matter how much money a real estate company makes, there are very few that can last for a hundred years, let alone be remembered by future generations.
The so-called "The Supreme One has established virtue, followed by merit, and secondly, made words. Even if it is not abandoned for a long time, this is called immortality." The thing that the publishing of the world is to "set words", which is enough to be passed down through the ages.
"Mr. Tang, you can discuss with mainland publishing houses in the future and sell our books to the mainland." Xia Tian instructed.
"Mr. Xia, I'm afraid we don't have to do anything. Those thief merchants have already taken action." Tang Congsheng smiled bitterly when he heard this, "Our fantasy novel was already in thief in the mainland two years ago, and even returned to Hong Kong."
Because the printing factory in the mainland is cheap, many Hong Kong thief booksellers cooperate with them. After printing in the mainland, they will ship it back to Hong Kong for sale.
The fantasy novels launched by "Fantasy World" have been popular because of their wonderful story, novel themes and great popularity, so they have long been favored by these thief merchants. They have been selling thief since the last two years ago.
As for the mainland, it has also become a flood. Last year, Tang Congsheng was lucky enough to go to the mainland once and found dozens of fantasy novels at a book stall on the street. Although the printing is not exquisite, it cannot be kept cheap. For example, the genuine fantasy novels cost at least 15 Hong Kong dollars per volume. However, they only sold for one dollar, and you can buy more and get discounts, so there are many buyers.
"I know, but cooperation still requires cooperation. The purpose is not to make a lot of money, but to make a sign. Otherwise, people will only know how to thief the saka in the future, and they will not know who the genuine one is." Xia Tian waved his hand.
The so-called bad reputation is not good. If you don’t launch genuine editions in the mainland, you can only let these thieves be rampant. On the contrary, cooperating with a mainland publishing house is equivalent to a regular army. Even if it is temporarily weak, it cannot compete with those scattered clerks who occupy the mountain and become king, but at least it declares their existence and causes some psychological pressure to them.
Besides, the mainland publishing houses are generally state-owned and have connections with the superiors. If you work with them to publish books, you can also get a glimpse of the superiors' attitude towards these novels.
If the book can be published, you can try film, TV series, games, and wait in the future. If the book is not allowed to be published, there is no need to mention these.
When Tang Congsheng heard what he said, he nodded.
...
Tianxia Energy and Tianxia Technology are the same as Tianxia Hotel, and they all spoke one by one after another.
Tianxia Energy is still focused on purchasing oil wells and natural gas. It is now the low period of oil prices, and even excellent oil wells cannot be sold at high prices, so buying them in summer feels like picking up cabbage.
"Mr. Xia, do you want to acquire some in the Gulf Country?" Zhao Shikang asked Xia Tian for advice.
Although there are many oil and gas in Canada, most of them are in wilderness ridges, so it is not very convenient to mine. Moreover, Canadian oil contains a large amount of oil sands, so purification and processing are not very convenient. Compared with the exploitation of oil wells in the Middle East, it costs twice the price.
"Now that the Iraq-Iraq War has ended, Iraq has resumed and rebuilt, and is vigorously attracting investment." Tang Congsheng said with a smile.
"Are you investing in Iraq?" Xia Tian waved his hand quickly when he heard this, "Absolutely not possible!"
Others don’t know, but he knows that Iraq will be in trouble in the future. Although the Iraq War is over, soon after, Sada Thon, a madman, will invade Kuwait, and the United States will launch the Gulf War, and will fight it back to the pre-liberation within a month. At that time, Iraq will not even solve the problem of basic food and clothing, and it will have to rely on the "oil exchange plan for food."
Even so, when the new century comes, the United States will invade again under the pretext of "the existence of weapons of mass destruction in Iraq", and then put the entire country in chaos. Anyway, as of the summer travel, Iraq has not yet restored peace, and there is no hope for peace.
So now when investing in Iraq, it is a pitfall. Once you fall in, you may not be able to get out of it for 30 years.
"Although the Iraq-Iraq War is over now, it does not mean peace. Iraqi President Sadha Thon is a madman. He was a soldier. When he launched the Iraq-Iraq War, he not only failed to win, but also caused heavy losses to the country and made his prestige plummet.
In my opinion, in order to win back his face and to restore his country as soon as possible, he may launch another war and invade neighboring countries. At that time, Iraq will fall into the quagmire of war again, so it is definitely not a good place for investment.
Chapter completed!