Vicious dogs in Hong Kong, entrepreneurs practicing evil cultivation
Chapter 84 3 Old Men's Comments 1 Dog
Kowloon Tong, Broadcast Drive, Television Broadcasts Limited.
"That mad dog, it really has guts!"
Even though Li Xiaohe considered himself well-informed, he couldn't help but exclaim that this guy was truly daring and decisive.
Last night, the Hong Kong news agency, which has a near monopoly on nighttime news in Hong Kong, expressed its desire to become a shareholder of TVB and cooperate with them through Chow Sin-nin early this morning.
This has stirred up a hornet's nest!
It's one thing to efficiently obtain nighttime news, but the real problem is that they use their connections within the police force to set up barriers for other journalists – that's just going too far.
Who doesn't have connections and networks to run a media company and become a mainstream newspaper? Why make things so ugly for everyone?
"snort!"
Shao Yifu said with a gloomy face, "Hmph! So what if you monopolize the nighttime news? In the end, you still have to hand it over obediently."
The Hong Kong News Agency did not monopolize the news; it prepared the nighttime news early in the morning and delivered it to the Hong Kong Newspaper Association and the Hong Kong Journalists Union, and also handed over all the video recordings to the two television stations.
After all, while the Hong Kong newspaper has the ability to monopolize Hong Kong's nighttime news, it does not have the ability to obtain international news on its own and still needs to rely on the channels of the "Newspaper Association" and the "Journalists' Union".
This action is intended as a deterrent.
If major newspapers dare to cut off the international news channels of the News of the Rising Sun, then the News of the Rising Sun can also cut off their nighttime news sources, barely managing to maintain a foothold in the field of political news.
Yu Jingwei said with a hidden meaning, "I would like to meet him."
As a former backer of Shaw Brothers, the Eu Yan Sang family's influence in Southeast Asia even surpassed that of the Lik Siu family in Hong Kong; however, members of the Eu Yan Sang family have always been short-lived.
Since Yu Dongxuan's death, his family has been more than just torn apart. His one wife and eleven concubines had given birth to 13 sons and 11 daughters... at least that's what it's publicly known.
Yu Dongxuan's will stipulated that his property would not be divided among any of his wives, concubines, or daughters, but would be "equally divided" among his 13 sons. Only his five concubines were allowed to live in the three "Yu Gardens".
How could the wives, concubines, and daughters who received no property be content with this?
How can "equal distribution among all the sons" achieve true fairness?
The wives, concubines, and children of the emperor were all dissatisfied with the distribution of the spoils. They fought every lawsuit, used every means at their disposal, and mobilized every connection they had to obtain a "fairer" distribution method.
To date, Yu Dongxuan has been dead for 32 years, and his family's assets have not only not been fully divided, but it is even impossible to complete the asset statistics.
The saying goes, "After three years of separation, the difference in status becomes apparent!"
The result of dividing the spoils equally among the sons was that the brothers had almost the same starting point, which inevitably led to competitive thoughts among them.
None of the sons wanted to admit that they were inferior to their brothers, nor did they want to become the laughing stock of other families, so the competition among them was extremely fierce.
Chen Guanjiang has already demonstrated his value. If we can take him under our wing, even if it's just to establish a partnership, it will increase our chances of standing out among our many brothers.
"Ah Wei! This person is dishonest."
Shao Yifu frowned and said, "After eating at Golden Harvest, we'll eat at Shaw Brothers; after eating at Oriental, we'll eat at Star Island. Cooperating with him means I'm always worried about being bitten in the back."
"I don't care who he is, I only care if he's useful to me." Yu Jingwei glanced at him subtly, then continued with a cold smile, "Even if he bites you, you can only blame yourself for being incompetent."
The nickname "Ah Wei" made Yu Jingwei very unhappy. Others might not know his background, but he came from the Yu Rensheng family, so how could they not know?
He used to fawn over people like a dog, but now, by providing video screenings, he has joined the Shen family and become a director at TVB, putting him on equal footing with them.
"What...what do you mean?"
"You know perfectly well what's going on!"
“…………”
When Shao Yifu's wounds were reopened, his face immediately darkened, but he dared not retaliate.
"Stop arguing!"
After thinking for a long time, Li Xiaohe said, "I want to meet Mad Dog, who makes so much money in the goldfish tank."
The Li family has marriage alliances with both the Jian and Li families. They not only know that Chen Guanjiang attended the Jian family mansion on New Year's Day, but also that the Li Peicai family wants to form a marriage alliance with this mad dog.
Of course, the more important reason is that Chen Guanjiang will inevitably get a share of the Hang Seng Index’s phenomenal rise, and he already has the capital to sit at the table in Hong Kong.
Since we're bound to meet sooner or later, there's no harm in getting to know him sooner. Let's see what makes him so special that he's valued by two of the four major Chinese families in the past.
Of course, cooperation is fine, but shareholding is not!
The shareholding structure of Television Broadcasts Limited is as follows:
滙丰银行30%、和记企业20%、利效和20%、余经伟10%、邵亦夫10%,安子阶5%,周昔年5%;
The shareholding structure is relatively balanced.
As the "supreme ruler of Hong Kong's economy," it is understandable that HSBC holds the largest stake in TVB.
Hutchison Whampoa's taipan, Kee Tak-Chun, became the Auxiliary Police Commander in 1962. His leadership of the Auxiliary Police was highly praised for the incident seven years earlier, and he was awarded the Queen's Order of Police in 68 as a reward.
Wireless, as the most important media channel, was founded six years ago when Kee Tak-tsun was at the height of his career, and Hutchison Whampoa, with its British background, was absorbed into it.
Yu Jingwei owns Capital Artists, a company left by his father. The company has now been merged into TVB and is responsible for entertainment program creation resources.
Shaw owned Shaw Brothers and Shaw Brothers & Sons. Although they were not acquired by TVB, their film library could still provide programs.
The reason for recruiting Anzai in 1971 was purely because he served as the chairman of the Hong Kong General Chamber of Commerce and a non-official member of the Legislative Council, which was similar to the situation of Zhou Xinnian, who was very influential at the time.
Therefore, TVB is not only looking at money when it comes to recruiting directors, but more importantly, whether they can bring value to the company's development. What can Chen Guanjiang and his Yin Xun Media bring to TVB?
More importantly… the equity structure!
HSBC and Hutchison, who hold the largest stakes, are involved in finance and real estate respectively, and will not vie for or participate in the management of TVB.
An Zijie and Zhou Xinian are merely background figures, at best serving as mascots, without any real say.
Yu Jingwei and Shao Yifu were not on good terms, and Yu needed Shao's support for any decision, so he naturally held the management power firmly in his hands.
Rashly admitting Chen Guanjiang, or other shareholders, would disrupt the board framework he has built, thereby affecting or competing with him for control of TVB.
"Okay, I'll go too."
Since Li Xiaohe had decided to go to the appointment, Shao Yifu felt that he had to go too, at least to find out what Chen Guanjiang was up to.
"Hmph."
Yu Jingwei narrowed his eyes and snorted disdainfully; he was quite familiar with this kind of behavior.
Back when this guy was always around his father, he was just as wary of his other brothers.
Now, the person who is now guarding closely around Li Xiaohe and keeping a close watch on Chen Guanjiang must be someone who has something that both of them are coveting.
What does Li Xiaohe possess that Shao Yifu both covets and needs to guard against? Hasn't Chen Guanjiang already provided the answer?
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