Vicious dogs in Hong Kong, entrepreneurs practicing evil cultivation

Yau Tsim Mong District, Yanxun Media.

Tang Yufei excitedly reported to his supervisor: "President Chen! The daily circulation of 'Wang Gou Daily' has dropped to 3.8 copies, but the total revenue has increased by 5%. It will be no problem to reach 5.5 copies within a week."

As promised, Ma Chengkun handed over the "Dog Scripture" team of Oriental Daily News to Yuxun Media, and Chen Guanjiang also handed over "half of the Nine Yin Manual" to Ma Chengkun as promised. Despite the sharp decline in daily sales, revenue increased instead of decreasing.

The reason for this is nothing more than market demand.

Although the daily sales of "Wang Dog Daily" have dropped from 6 copies to 3.8 copies, each copy has decreased by 7 cents (HK$0.07), resulting in a total daily loss of HK$1540.

However, dog-related revenue is the core of newspaper profits. After taking over the share of the Oriental Daily's dog-related business team, the Wang Dog Daily currently holds a 37% market share in the dog-related business newspaper market.

The "Wang Dog Daily" and the dog lovers' association have a high degree of synergy in the industry. The dog lovers' association has designated "Wang Dog Daily" as its publicity tool, which does not constitute misappropriation of public charity funds.

The newspaper pays taxes, the association avoids taxes, and the tax money is then returned to the newspaper in the form of "GG" (a type of tax payment).

Mutual growth and mutual success are the true essence of the domestic economic cycle.

As Tang Yufei said, in another week, once the entire dog racing team has thoroughly digested the information, including that of the Haojiang Yat Yuen Canidrome, they will be able to occupy half of the entire Hong Kong dog racing newspaper.

Newspapers that precisely target their readers are far more likely to command higher prices for prime placement slots than those with a more dispersed target audience.

Chen Guanjiang, however, ordered: "With the sales of 'Hyena Weekly' rising, we're going to launch a financial section. We can transfer these people over there and recruit some more as reserves."

Tang Yufei advised, "President Chen! We need to seize the market now. Should we postpone the demolition for a while?"

"No need, just do as I say."

Chen Guanjiang knew, of course, that breaking up the original team and adding new members would require a period of readjustment, but this was an essential step.

The three most core departments of any company are: administration, finance, and human resources.

Both the existing profit-sharing model within the team and the continued influence of Oriental Daily News need to be completely dismantled.

In other words!

The original team had long been clearly divided into senior and junior leaders, but with the sudden change of the supreme leader, the core decision-making power of the team still remained in the hands of the original team.

Even if the core of the team remains intact after being broken up and reorganized, the new team can still operate with ease, and the power of decision-making has already shifted to others.

Moreover, the new team was entirely composed of members from the Oriental Daily News, and if Ma Chengkun were to wave his hand, the team could fall apart in an instant.

Following Tang Yufei's method of slowly boiling a frog in water is not impossible, but the problem is that Chen Guanjiang doesn't have that much time, and the two sides have already formed a grudge.

Without getting involved with the Hong Kong Jockey Club, there is no chance of reaching the top. Chen Guanjiang has never given up on the Jockey Club; it was just a stopgap measure to win over the Jockey Club team.

It is believed that the Ma family's handing over of the dog management team is just a delaying tactic. Once the "two Mas" matter is settled, no matter what the outcome, they will turn around and seek revenge for today's humiliation.

The two sides are destined to have a showdown; it remains to be seen whether Chen Guanjiang will first digest the dog-training team, or whether the Ma family will get rid of the trouble faster.

dong dong dong! !

"Enter…"

The receptionist knocked on the door and reported, "Boss, Chairman Chen of the Kowloon Society wants to see you. Should we bring him over?"

Chen Guanjiang knew why this guy had come to visit, and said with a smirk, "Take him to the reception room, I'll be there in a bit."

"Okay, boss!" The receptionist quietly left.

“…………”

Since the massive influx of HK$1.5 million swept up all the circulating shares in just half a month, Kowloon Club's daily trading volume plummeted from HK$1700 million to only around HK$400 million per day.

The trading volume, which was already only one-tenth of that of other exchanges, has now dropped to one-fortieth of that of other exchanges, causing the Kowloon Club to lose more than half of its foot traffic.

Of course, this situation was expected, and things will improve once the HK$1.5 million acquisition is completed.

To everyone's surprise, they could never finish acquiring them all.

After reconciling accounts with the ten brokerage firms he employed, they suddenly discovered that HK$1.5 million in Chen Guanjiang's account had been completely depleted, and a huge amount of unexplained funds had been injected into it.

How could Chen Pufen possibly sit still?

Although the Kowloon Club was founded at the beginning of the year with an initial investment of only HK$1500 million, it has already made a fortune by selling brokerage licenses.

By listing his family business, Anning, and subsequently promoting the listing of Oriental Finance and Xiangjiang Antenna, he had already made a fortune, but Chen Pufen wanted to turn Kowloon Club into a treasure trove for the family.

All the circulating shares were bought up and not released, so no one else could buy them.

The stocks that will be bought will only be junk stocks that Chen Guanjiang doesn't want, and the already weak Kowloon will have fewer and fewer people trading stocks.

Selling a brokerage license is a one-off deal.

The Kowloon Club sold a total of 350 brokerage licenses. Based on the calculation that each licensed broker can have two brokerage representatives, the number of brokers is already saturated with thousands.

In contrast, the 0.02% exchange settlement fee, though small, represents a truly steady and long-term flow of transactions.

Based on the previous daily transaction volume of around HK$1700 million, the daily revenue was around HK$35. Even after deducting operating costs such as rent, the daily profit was still HK$30.

but!

All the quality stocks have been eaten up by that stupid dog, and now the daily trading volume is only around HK$500 million.

Daily income plummeted to HK$10, and after deducting costs, profits plummeted to HK$5.

It's hard to imagine how low Kowloon Club's trading volume will drop after this bull market ends; at that point, it might not even be able to sustain its daily operating costs of HK$5.

Therefore, when Chen Guanjiang refused to answer the phone, Chen Pufen had no choice but to take the initiative to visit him and find out exactly how much cash was in the account.

If it's a small amount, that's fine; otherwise, Chen Guanjiang's acquisition of Kowloon Club must be stopped, even if it means turning away this major client.

however!

The reason why Chen Guanjiang chose to slowly acquire shares in Kowloon Club instead of quickly acquiring shares in Far East Club was to cut off the high-quality circulating shares of Kowloon Club. Why would he easily release the shares?

However, now is not the time to turn against Chen Pufen.

To know!

Chen Guanjiang had been plotting to buy milk shares for months, betraying a group of shareholders to cover up for Jardine Matheson, while also borrowing 18.48 shares of Hongkong Land that he has not yet repaid, thus reaping a profit of less than HK$4000 million.

Despite the pressure from the Kowloon Club, the rise in antenna stocks to HK$15 per share is still not the limit. The paper value of the 500 million antenna stocks I hold now exceeds HK$7500 million.

If he hadn't been worried about potentially restricting the circulation of antenna stocks, Chen Guanjiang wouldn't have been willing to take over only one-tenth of the total share capital.

Antenna stocks can still rise!

Before the expected returns are achieved, it's best to keep this Chairman Chen in check. Only when there are no more conflicts of interest between the two parties should we finally take action against this fraudster...