Chapter 395 There is another question(1/2)
By this time, Li Yuan and the Hong Kong media were strangers to each other, and the two sides had formed a certain tacit understanding.
Therefore, at the beginning, the paparazzi still needed to take care of Li Yuan's feelings and ask some questions about the new film.
However, no one cares about these issues, nor Li Yuan's nonsense. What everyone cares about is the following question and answer:
"Young Master Yuan, I heard that you are worth 5 billion US dollars. I am not happy."
"The question you asked is very poor. Brother De, I will take you down for training later. Can I buy a meal voucher?"
"receive!"
Brother Heide and the others laughed loudly.
Li Yuan smiled and said: "Others have worked hard all their lives to become famous. My life has not even begun yet."
The whole audience burst into laughter again.
Another reporter asked: "Brother Yuan, what is your goal in the future? Are you interested in challenging the global rich list? To win glory for us Chinese?"
Li Yuan smiled and shook his head: "Forget the rich list. If you look at personal earning power, I can still compete; if you look at the total amount of wealth, many families have accumulated it for several generations, and even in Europe and the United States, there are dozens of generations.
It’s definitely incomparable in terms of stock. I can only say that we should try to spend the money more meaningfully.”
"Something meaningful?"
"That's it. I'm just a layman. I can't avoid drinking, sex, and wealth. Isn't that right? That 'sex' doesn't count? Haha."
There were boos below. Who doesn’t know the story between you and Miss Huang Jiasan?
Li Yuan continued: "No matter how tacky, I probably won't be able to spend all the money in this life. For the rest, just do something meaningful!"
"You mean, continue to be a director?"
"After filming this film, I will probably stop filming for a while."
"I object!" Brother De smiled and raised his hand, "There should be many people coming to watch a movie made by a billionaire, right?"
There was a lot of laughter. There is a real possibility that many people will be curious about Li Yuan’s new movie.
Li Yuan waved his hand: "Let me take advantage of this opportunity to reveal some inside information! I also want to make more movies, but our boss lady doesn't agree? Metaverse is preparing to reduce its film and television projects and focus on the construction of theme parks in the mainland.
"
"boom--!"
The paparazzi suddenly became excited because they did not expect to receive this big news that would affect the Hong Kong entertainment industry.
"Brother Yuan, Hong Kong movies are very popular right now. Are you giving up on this market?"
"That's not the case. This is the company's new strategic goal - to create a big IP! Our main focus is the prehistoric world series projects, and the target is the Star Wars series projects. Hollywood's globally influential series, Chinese movies must also have their own
series. At least it should affect the entire Chinese community, right?"
Brother De and the others looked at each other. This idea... sounds good, but...?
Don't worry about it so much. Anyway, such news will definitely affect the stock price of Yuanverse, and it is worth making headlines in the media.
"Young Master Yuan." Brother De suddenly asked, "How much are you planning to invest in your theme park? Also, where will it be placed in the mainland?"
"The first one is going to be located in Beijing. Later, there will be one in Beijing, Shanghai, Guangzhou and Shenzhen. For the first phase of the project in Beijing, we are going to invest 1 billion!"
There was a little commotion down there again. It was not like a few decades later, when a billion investment in a theme park seemed inconspicuous at all.
Of course, considering that the operating income of the theme park at that time was as high as several billion dollars, that is, tens of billions of soft money, equivalent to a Fortune 500 company, an investment of only 1 billion was not enough.
But in the 1990s, even Hong Kong and Taiwan had few films that reached the "100 million" level. Just like Hong Kong movies now, anything over 10 million is considered a big production. But this time, Metaverse has invested in 100 big productions at once!
"Brother Yuan, does the mainland have such spending power? Aren't you afraid of bringing down the Yuan Universe with this investment?"
"This does not involve company secrets. We are just scheming, and we are not afraid of our peers knowing about it. The first is feelings and promoting Chinese culture. Ancient Chinese myths and stories are a treasure. Our descendants must take over the inheritance and carry it forward; secondly
It is the trend of film technology. As I have said elsewhere, the future belongs to digital imaging technology. Thanks to digital imaging, many special effects blockbusters can be shot. Just like the previous "Terminator 2" and "
Just like "Jurassic Park". It is easy to realize the excitement of ancient mythological stories; there are also derivative peripherals of film and television projects. After all, film and television is a high-return, high-risk industry. For the consideration of all investors in the Metaverse, we need stable cash flow.
The return may not be high, but the harvest can be guaranteed despite droughts and floods.”
Li Yuan really wanted to give a kind reminder, especially to the people in the Hong Kong circle. In the last life, the Hong Kong circle had a hard landing, and in an instant, the backbone of Hong Kong films was directly broken.
To be honest, it's a pity. If it weren't for the strong rise of the mainland film and television industry, the Hong Kong industry might have died.
But even so, in the end, except for the golden generation of Hong Kong directors and stars, as well as the camera crew and the professional team from Wuhan, almost everyone else was wiped out. This was also a huge loss for the Chinese film industry.
Of course, it’s just a reminder. As for whether you listen or not? That’s none of your business.
…
At this point, the atmosphere at the scene was still very harmonious. After all, it had been going on for so long, so there was no need for a flash of swords and swords on the spot.
You can definitely wait until you get back to write a few short essays and come up with some tidbits that are not painful or annoying!
However, at this moment, a voice suddenly came from the back row: "Master Yuan, are you using the money of Hong Kong investors to invest in the mainland? I'm sorry. I'm not questioning your investment vision. This is also your metaverse.
My own investment strategy. But have you considered one problem? What you get in Hong Kong is Hong Kong dollars. In the future, the income from theme parks in the mainland will become worthless soft currency. How do you guarantee the exchange risk? Thank you!"
"boom--!"
A pot suddenly exploded underneath.
Brother De suddenly turned around and found that the reporter who asked the question had an unfamiliar face. Then he looked at Li Yuan and shook his head slightly.
Seeing the hint in Brother De's eyes, Li Yuan frowned slightly.
MMP! No matter what the purpose of this reporter is, there are always unscrupulous people who want to harm me!
Here, a brief explanation of "exchange risk" is given.
If converted into a few decades, Ruanmei currency has almost become an international currency. Although it is still controlled domestically, as long as the legal income of the company can basically be easily converted into foreign exchange. Even every individual in the country can exchange it for foreign exchange every year.
There is an exchange limit of US$50,000. There is also linked cross-border credit card consumption. You are not afraid of exchanging foreign exchange at all.
Therefore, there is almost no exchange risk.
However, in this era? Soft sister coins are almost useless and are not exchanged at all internationally?
Of course, if foreign-funded enterprises make profits, they can go to a specialized bank in Hong Kong to exchange them for foreign currency according to policies (that is, Bank of China, Hong Kong) and transfer them overseas.
The specific policies are complicated and the procedures are quite cumbersome. I won’t introduce them in detail.
But there is one thing to note - the profits of foreign-funded enterprises generally refer to earning foreign exchange from exports. In other words, they need to earn foreign exchange themselves and then convert it to you.
There is no way! Domestic foreign exchange is too tight during this period.
Then the question arises - what should a foreign-funded enterprise do if it does not export but makes a lot of profits domestically?
What to do? Salad!
Except for the part of the foreign exchange invested, which can be exchanged and transferred overseas, all the other soft currency is retained. You can only continue to invest domestically, or earn interest in your bank account.
Okay! It's a bit of a rogue thing, but there's nothing I can do about it.
But having said that, if there had been such a foreign-funded enterprise with so many soft coins in its hands, there would actually be no need to continue to invest and just buy land and buildings. After a few decades, it would be a dead end. Is it still possible?
What business?
After a few decades, with all the huge assets we have, what will Apple and Tesla be like? We can still beat them!
Forget it! No more daydreaming.
Back to the present, which idiot would use international currency to convert it into soft currency and invest in China? Even if he will earn many, many soft currency in the future!
To put it bluntly! In the eyes of most people in this era, soft girl coins are just pieces of waste paper. No matter how much waste paper there is, it is still waste paper, right?
Once you understand this background, you can understand what the reporter said.
Yuan Universe invests in theme parks in mainland China, with a total investment of 1 billion in the first phase!
That must be financing and own funds from the Hong Kong stock market, all in Hong Kong dollars.
Back to the Great World Theme Park. That’s in Beijing! Are tourists allowed to use foreign exchange? There is no doubt that even if the passenger flow is heavy, all the operating income will be soft currency?
As a result, Metaverse is equivalent to losing 1 billion Hong Kong dollars in cash flow. No matter how much cash flow there is in mainland fixed assets and soft currency, it is nothing more than a financial statement game and cannot be realized at all?
To be honest! I can’t even get the annual dividends. Is it possible to use soft sister coins to distribute dividends on the Hong Kong Stock Exchange?
It's obvious that this reporter came prepared and to disrupt the situation.
Li Yuan smiled: "Don't worry, this is a ten-year long-term strategic plan. And we are going to build four theme parks in the mainland. There are still two and three phases in Beijing."
No matter how Li Yuan answers the current exchange risk, it is wrong. It is impossible for investors to believe that Ruanmei Coin will become a semi-international currency in the future.
Li Yuan was simply vague about the concept - anyway, he needs to continue investing, and the soft sister coins earned can be used for subsequent construction. There are four theme parks in total!
"Shao Yuan, according to what you said, Yuan Universe will have more and more fixed assets in the mainland. How to protect the interests of Hong Kong investors? For example: political risk? Investment risk?"
"The operation of an enterprise will always face risks. If you don't insist on going in, you will commit suicide slowly. The core of the Yuan Universe Group is the film and television company. Our management believes that without the mainland market, Chinese-language films will have no future."
"Then you are betting on the mainland?"
"Yes! A market of more than one billion people is enough for us to make up our mind. Sorry, let me be honest here - there are only a few million people in Hong Kong!"
The whole audience was speechless for a moment because this reason was so powerful.
Even if you add in the population of more than 20 million, the film market in Hong Kong and Taiwan is just like this. How can it compare with the more than one billion people in the mainland? There is a difference of more than two orders of magnitude!
To be continued...