The literary era since 1979

The Hong Kong stock market continued to plummet, with the Hang Seng Index falling below the 2000-point mark. A huge cloud of sorrow appeared over Hong Kong.

The stores that are usually frequented by stock investors are now deserted and business is very poor. After all, many stock investors have lost a lot of money.

The Joint Publishing Company in Hong Kong was not immune to the impact. The number of readers queuing up to buy novels, especially those of "Ghost Blows Out the Light", gradually decreased.

Even "Ghost Blows Out the Light" has been affected by the desperate panic conveyed by the stock market in recent days, and its listening rate has dropped by several points.

At this time, the radio and television would occasionally report news about debt-ridden and bankrupt stockholders committing suicide by jumping off buildings.

"Ugh."

Pan Yaoming looked out the window at the dark clouds in the sky and let out a long sigh.

"I'm afraid this stock market crash will affect the business of our Hong Kong Joint Publishing Company and even the entire publishing industry."

Fangyan frowned slightly.

"That's right. Book sales and customer traffic have decreased a lot recently."

Pan Yaoming said: "It was not easy for our bookstore to get back on track, but we didn't expect the situation to turn out like this."

Fangyan touched his chin and said, "It seems that we can't rely on Hong Kong alone. What's the situation in Formosa, Singapore, and Malaysia?"

"Not bad." Pan Yaoming smiled, "We have already negotiated with the publishers in these places. If the publication goes smoothly, our bookstore will open up more new profit channels and generate a lot of income for the bookstore."

Fang Yan hesitated for a moment and said, "I was wondering if we could take this opportunity to go to Japan?"

"What are you going to do in Japan?"

Pan Yaoming was very surprised, "Is the "Ghost Blowing Light" series very popular in Japan?"

Fangyan shook his head and said that since the Hong Kong Joint Publishing Company wanted to seize a share of the comics market in the future, now was a good time.

The share price of Huang Yulang's Yulang International Company plummeted, and it was in deep financial crisis, which triggered the latent contradictions and crises since its listing. People's hearts were unstable, and the prospects and future of Hong Kong comics were pessimistic by the media. As long as he used the hoe well, he would not be able to fail to dig into the corner.

In addition, the global stock market crash has also affected Japan, and the Japanese comics industry will also experience a brief shock.

If Hong Kong Joint Publishing can seize the opportunity to reach cooperation with Shueisha, Shogakukan, Kodansha and other publishing houses, it may be able to obtain publishing authorization in Hong Kong or even in Taiwan at a low price. This will break the monopoly of Yulang International in the Hong Kong comics market.

“This is indeed an opportunity!”

Pan Yaoming's eyes lit up.

"And not just comics, but also suspense and mystery novels."

Fangyan heard from Yoko Suzuki that Fu Bo, a Chinese citizen of Japan and a critic of Japanese mystery literature, founded the magazine "Phantom City", which is vigorously introducing and promoting the culture of mystery novels. The magazine has received support from the Japanese mystery community and soon became one of the most influential mystery publications. Many orthodox writers made their debut through it and became the standard-bearers of orthodox mystery in the new era.

"If that's what you're saying, then you have to go to Japan."

Pan Yaoming slammed the table and made up his mind.

"Let's set a time first, and then ask Mr. Xiao for leave."

Fangyan also plans to take the opportunity of going to Japan to take a look at the situation of companies in which SoftBank, Dengeki Bunko and others have invested.

Pan Yaoming smacked his lips and said, "I'm afraid it will take a while until I finish another thing."

Fangyan teased, "What else do you want to say?" "Hey, I made a lot of money recently by investing according to your advice. My wife and children know about it."

Pan Yaoming took out a bunch of information provided by a real estate agent from the drawer and said that in order to save the market, many banks in Hong Kong have lowered interest rates. So his wife discussed with him and decided to use part of the money they earned to buy a more spacious house.

Because there has always been a saying in Hong Kong that "if the stock market falls, the property market will fall", a bear market in the stock market often only has a short-term adjustment effect on the property market. For example, just a few days after the Hong Kong stock market crash, housing prices in good locations immediately fell by two or three points, and some new properties even fell by 10%.

"Haoheng!"

Fangyan gave a thumbs up and said in a joking tone, "You're buying a house in full, right?"

"Go away, are you praising me or criticizing me for this?"

Pan Yaoming rolled his eyes. "I'm not you. How can I have so much money to pay the full amount at once? Of course I have to pay a down payment first."

Fangyan joked, "You're being modest. The money you have in the fund should be enough for you to buy three or four houses in full."

"No, no, it's better to keep the money in the fund. I'm counting on the money to make more money and continue to lay golden eggs for me!"

Pan Yaoming smiled and said, "I also have some information about the villa here. Are you interested in taking a look?"

Fangyan raised his eyebrows and took the pile of information with pictures that he handed over.

"In fact, if you were to ask me, with your current financial resources and status, you should have bought a villa long ago."

Pan Yaoming said that he also got some inside information from real estate agents that due to the global stock market crash, many owners of luxury homes in Repulse Bay were insolvent and had to sell off their properties. This would never have happened in the past.

"How do you say this?"

The dialect is very curious.

Pan Yaoming said that villas, such precious properties, are the pride and symbol of the wealthy, and also the embodiment of their wealth.

Even if no one lives in the house, they usually choose to keep it vacant and will not sell it easily unless they really have to.

Then he said in a serious tone: "Although it may sound a bit like taking advantage of the situation, if you want to buy a villa, now is definitely one of the best times. With so many people buying so many villas at the same time, the price of the villas will definitely drop by several percent."

Fangyan looked through the information carefully. There are 14 districts in Hong Kong. Almost every district has luxury residential areas, and the rich people live in relatively scattered areas.

Sai Kung District, Shek O, Mid-Levels, Kowloon City, Central and Western District, The Peak, Repulse Bay, Clear Water Bay, Kowloon Tong, and Shek O are all places where rich people live, but Mid-Levels, Kowloon Tong, Happy Valley, etc. are traditional rich areas, while Repulse Bay can be regarded as the most typical rich area.

"My biggest wish is to buy a villa in Repulse Bay, so I can sit at home and watch the sun rise and set over the sea."

Pan Yaoming grinned, "It can overlook Victoria Harbour and be neighbors with a bunch of rich people and celebrities..."

"That's easy. The money you have in the fund is enough for you to buy a house."

Fangyan looked at the prices of villas in Repulse Bay. Generally speaking, the prices are between 400 million and 600 million.

But as we encountered this unprecedented stock market crash, the total price would indeed fall by at least 20% to 30% as Pan Yaoming said.

While flipping through the books, I was thinking to myself that Joey Wong and Ching-Hsia Lam were also planning to use the film remuneration they had accumulated over the years to buy a house in Hong Kong.

Why not take advantage of this rare opportunity and just live in the same area? (End of this chapter)