Chapter 1647 News
The next day, when Han Li made his usual phone calls, everything seemed normal on Attorney Jin's end, with the daily short selling of Jia Ning Group increasing as much as possible.

However, recently some people seem to have sensed something and have started to join the ranks of "shorting" Jia Ning Group's stock. Although the amount is not large, it has increased the cost for Attorney Jin and his team to borrow Jia Ning Group's stock from institutions and individuals.

In response to this situation, Han Li advised Attorney Jin to appropriately increase the profit margin of the stock rental.

When Han Li called Anita Koch, after a series of complaints, he learned that she had called him countless times the day before, and he also learned why she had called so many times.

After listening to Anita Koch's explanation, Han Li felt an overwhelming sense of joy and happiness.

When others followed suit and "shorted" Jia Ning Group's stock, the company's senior management didn't react too strongly. They had a very firm belief in the group's future. However, the boss panicked a little when he found out.

Whether the owner of Jia Ning Group wanted to stabilize the overall situation or wanted to leave more funds for himself, his family, and his children, he took the initiative to contact Anita Koch.

The other party hoped to reach the previously discussed industrial transaction as soon as possible, and also indicated that they could appropriately lower the price, but the transaction must be conducted secretly through an "off-market" deal.

Based on Anita Koch's past experience, she felt that this tug-of-war between the two sides over price and terms was not yet over.

Now the boss of Jia Ning Group has actually compromised, and in fact, by actively reducing the acquisition of Tianjian and lowering the acquisition price.

Although this situation was somewhat unexpected, Anita Koch, in order to receive not only the commission she was entitled to from the firm but also additional rewards (bonuses) for generating profits for her employer, once again lowered the acquisition price.

Taking the taxi company under the Jia Ning Group as an example, Anita Koch cut the price from 65% of the market value to 50%.

The percentage of the undeveloped land under Jia Ning Group's name was reduced from 60% to 50%.

Film production companies have had their share of the profits reduced from 30% to 20%, still on the condition that they bring all their film libraries.

During the negotiations, the owner of Jia Ning Group naturally disagreed with Anita Koch's price.

He said that all the license plates for his taxi company are red, unlike those for grasshoppers and blue lanterns.

Since the 1920s, Hong Kong taxis have followed the English system for license plates.

The application process involved submitting an application form to the Hong Kong Consulate, and the entire process was quite complicated with many additional conditions, resulting in a very low success rate for ordinary people.

While the regulations explicitly allow individuals to apply, in reality, most of these taxi license plates are controlled by powerful figures.

The reason it's so difficult to apply is because those Englishmen come here to make money, and they won't let go of this business opportunity that allows them to make money openly and legitimately.

In Hong Kong, taxis come in three colors: red, green, and blue.

Red taxis, known locally as "red boats," represent urban areas and can freely pick up passengers throughout Hong Kong, including the South Island, Kowloon, the New Territories, and Lantau Island. Red taxi licenses are considered the most valuable, with over 11,000 red licenses issued by the Hong Kong government as of 1982.

The green taxis, known locally as "grasshoppers," are only allowed to pick up passengers in the New Territories, roughly north of Boundary Street. There are currently only about 1,800 of these green taxis in existence.

Blue taxis only appeared in the 80s, and their service area was limited to the Lantau Island area, which is now almost uninhabited and rarely visited.

Because these taxis are blue, and they're from the desolate Lantau Island area.

Hong Kong locals felt these blue taxis were as useless as the blue lanterns used by triads, hence the nickname "blue lanterns." There are currently only about a dozen blue taxis in Hong Kong.

Furthermore, taxi licenses in Hong Kong grant permanent operating rights. Once you can obtain one, you can live off it for life. If you want to buy a new car, or if your old car is damaged or scrapped, you only need to register and change the license with the relevant department after purchasing a new car and pay a processing fee.

However, although taxi license plates were allowed to be freely traded by individuals, the Hong Kong government charged a certain fee when the transactions took place.

There are no such taxes or fees when the company as a whole is traded, but a company change tax needs to be paid.

Tip: If you guys were to travel back to that era, the profits from acquiring taxi license plates in Hong Kong would be second only to real estate and property.

According to limited information, since Hong Kong began publicly auctioning taxi license plates in 1973, a taxi license plate on the Hong Kong free market can now fetch approximately HK$200,000.

By 1989, the price was approximately HK$500,000. In the 1990s, due to protests from taxi drivers and companies, the Hong Kong government had to stop issuing taxi licenses.

From then on, the price of taxi license plates in Hong Kong changed every day. After 2000, a red taxi license plate in Hong Kong was sold for more than HK$7.5 million, and a green license plate was sold for HK$5 million.

Most importantly, once these big shots acquire taxis and license plates, the market rate for renting them to others is basically calculated on a daily basis.

At its peak, taxi license plates could earn drivers over a thousand to nearly two thousand Hong Kong dollars per day, and drivers would even bring gifts to visit drivers during holidays.

Regardless of whether it's the peak season or not, the money earned daily from a single taxi license is enough for a big shot to spend all their time in nightclubs and bars. Being a groom every day would be child's play, and even dating a relatively unknown celebrity wouldn't be a big problem.

Getting back to the main point, although the boss of Jia Ning Group announced that all of his company's license plates were red boats.

However, Anita Koch still didn't give her any face, and simply said something indifferent.

"Is the license plate on the red boat so impressive? Do you think it would be difficult for our High T Brothers Law Firm, with its relationship with the people in charge of the Hong Kong government, to apply for one for a few hundred dollars?"

Anita Koch's words silenced the Jia Ning Group boss's argument, but the other party felt that he still had some cards to play, so he started to discuss the price of the undeveloped plots of land.

The owner of Jia Ning Group said that the plots of land he owns are not those remote villages, neglected wild mountains, or wastelands in the New Territories; they are all located near bustling areas.
(End of this chapter)

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