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Volume One Chapter 569: Rescue the Market (Part 2)

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    It was just past seven o'clock in the morning when two Toyota sedans escorted Lin Xiaozhi's stretched black Mercedes-Benz sedan into the Media Asia Twin Towers. Through the windows, some reporters could be seen nearby.  Arriving, Lin Xiaozhi narrowed his eyes slightly, and a sense of confidence and power in control of everything filled his heart.  "Chairman, in accordance with your instructions, we have sent invitations to all major media in Hong Kong, including Wireless and Oriental News. Mr. Le from ATV said that he will fully cooperate with us and will broadcast the entire event live on the Chinese channel."  "It doesn't actually matter whether ATV is broadcast live or not. Now the whole of Hong Kong is waiting to see our attitude?" Lin Xiaozhi withdrew his sight from the car window and leaned against the leather sofa in the car to take a nap with his eyes closed.  It has been a while since the filming of "League of Assassins" was completed, and he has returned to the routine of getting up at 8:30 every day and rushing to the company office at around 9:00. When he woke up early today, he still had some low blood pressure.  After a moment of silence, he continued: "You can arrange the press conference later. I will take a break in the office first and go over the speech. If the invited people come, you can arrange them to the fourth floor first.  Sit at the reception center for a while and then ask someone to notify me." Chen Qiang immediately nodded and responded. The car was obviously recognized as soon as it arrived. After all, most Hong Kong rich people like British luxury cars, like Lin Xiaozhi, who has a love for German luxury cars.  There are still a few, not to mention that his car is the only one in Hong Kong today.  However, although some reporters tried to come around and ask him questions in advance, they were prepared to get first-hand news first.  However, Lin Xiaozhi did not reveal the meaning of the rumor in advance. With the cooperation of Media Asia security personnel, the car drove slowly into the parking lot of the Media Asia Twin Towers without stopping.  Although it is already August, because it is surrounded by the sea on three sides, Hong Kong¡¯s mornings are still a bit chilly if you go out wearing only shorts and a shirt.  However, Rao was stimulated by the cold and wet sea breeze blowing from Victoria Bay and sneezed several times. However, Shen Zhong still just rubbed his nose and continued to fiddle with the Sony camera hanging on his chest, raising his head from time to time.  Looking towards the two twin towers with their doors closed not far away, there was a hint of expectation in my eyes.  "The day before yesterday, "Oriental Daily" photographed Lin Xiaozhi having dinner and chatting with several directors of the Screenwriters Guild for more than three hours. When they came out, everyone was smiling. I think it may have something to do with today's press conference" "I  I heard that entertainer Leslie Cheung visited Lin Xiaozhi three days ago. According to rumors from within Media Asia, Wen Jun, Deng Guangrong and the Xiang brothers all visited in the past few days" "I heard that Lin Xiaozhi visited yesterday morning  He briefly entered the Governor's Mansion and stayed for more than half an hour. At noon, he even had tea with the senior executives of the Film and Entertainment Department Shen Zhong listened to several young reporters gathering next to him to exchange the information he had, and he also followed  He came over and offered a few cigarettes, and said: "Hey, I heard that Media Asia's President Chen personally invited the top management of Jiahe and Princess Jin out for dinner two days ago. You said that yesterday morning, Media Asia suddenly announced that they would hold a press conference.  Yes, is there going to be any big move?  ¡± Although the ¡®Huang Langwei incident¡¯ and ¡®Cai Ziming shooting case¡¯ have been reported in the Hong Kong entertainment industry last month, the two explosive news have successfully detonated the local news market, and thanks to the viciousness of these two incidents, they have attracted enough people  At that time, the major media in Hong Kong were making a lot of money. Then the new Governor Patten was furious. The first Chinese police commissioner personally held a police press conference in front of all Hong Kong people and solemnly promised to fight against gangs with an iron fist.  After that, the wave of crackdowns and crackdowns on organized crime that quickly swept across Hong Kong boosted the sales of major media outlets. During this period, almost anything about the "Huang Langwei Incident" or the shooting of Cai Ziming could be seen on the front page of newspapers.  , the progress and latest "inside story" are exposed, which nightclubs, dance halls, restaurants, food stalls, sauna cities have been wiped out by the police with heavy attacks, and how many notorious gangsters have been arrested, readers will be very convinced.  The Hong Kong entertainment industry, especially the film industry, was naturally the first to bear the brunt of the huge impact in the more than a month after the outbreak of several incidents. After all, with the continuous invasion of corporate forces, corporate capital has long been with a lot of people.  The Hong Kong film company is entangled. Although this wave of crackdowns targets corporate groups, the Hong Kong entertainment industry, which has been invaded for many years, has been severely impacted in just one month.  In the meantime, several film companies that relied heavily on corporate capital for film production have gone bankrupt, and more than a dozen film crews that had already started filming have also announced their suspension due to the break in the capital chain. This wave of film industry workers is also affected.  The film industry suffered heavy losses during the crackdown on crime. Many crew members who were filming stopped at the drop of a hat, and the films they had already taken suddenly disappeared. Hong Kong has never had a practice of paying full paychecks before filming. It is said that they suffered the most losses in this wave of crackdown on crime.  It is no exaggeration to say that although the capitalist system prevails in Hong Kong.? However, Hong Kong, which is deeply influenced by traditional Confucianism, has not been able to fully absorb the systems from Western countries. As a result, although the Hong Kong film industry was born very early, there has never been a trade union organization to protect the legitimate rights and interests of artists.  Hong Kong, which has entered the 1990s, has not yet had a special law to expand the basic rights and interests of film industry workers. It is a system that is barely supported by credibility and corporate authority.  So much so that in the Hong Kong film industry, domineering contracts and salary arrears are never-ending topics.  This is also the root of the reason why many friends and combinations who were close and complementary to each other a few years ago may start all kinds of wars regardless of face a few years later. Interest disputes are just a bait.  In addition, many well-known film companies in the industry, including Yingzhijie, Yi Neng, Yongsheng, China Star, etc., were forced to announce production cuts or suspend film shooting because corporate capital quickly fled the Hong Kong film industry in order to avoid the Hong Kong government's crackdown on crime.  The film industry seems to have returned to the Great Depression that was hit by the political storm two years ago, causing panic in the industry.  Although there are still a few giant companies in the industry such as Golden Harvest, Golden Princess, and Media Asia that have not been affected much, the entire industry has been hit. The two listed companies, Golden Harvest and Media Asia, are not immune. Since a month ago, their stock prices have been falling or even falling frequently.  With the decline, the market value of the two companies has evaporated by more than 2 billion Hong Kong dollars, but they have not made any big moves.  In the past, the media would not have paid much attention to it, but today there is a fierce dragon lurking in the Hong Kong film industry.  Media Asia boss Lam Hsiao-chi is known as the news maker, and has been in the spotlight since his debut a few years ago. He himself is also deeply loved by Hong Kong citizens because of his superhuman talent after the prodigal son returned and his huge business success.  .  Nowadays, Media Asia Group under his name has long become the largest listed film production company in Hong Kong. In the current anti-gang storm sweeping Hong Kong, Media Asia's stock price has also been affected. The stock price fell in response and evaporated in just over a month.  With a market value of nearly one billion, if you look at it on paper, Media Asia has undoubtedly suffered the heaviest losses in this storm. What¡¯s more, not long ago, Lin Xiaozhi just won the position of chairman of the newly established Hong Kong Film Association.  Judging from what Lin Xiaozhi has done in the past, many people have expectations that he will rescue the market at the right time.  But he has done nothing during this period, which has caused a lot of discussion in the industry.  Therefore, this time Media Asia had just announced that it would hold a press conference, and many media in Hong Kong immediately came over, preparing to get a big news.  Obviously, Media Asia did not disappoint them. There was still more than an hour left in the announced press conference, and some celebrities in the industry could be seen arriving at the Media Asia Twin Towers. These two buildings are now becoming more and more famous in Hong Kong.  Come to a larger building.  "Hey, look, it's Wen Juan" "Old Monster Xu is here too. Good guy, the person who came with him is Shi Nansheng. Didn't they say they are getting divorced?" "Brother Sanmao is here too. I didn't expect it.  Jiahe has sent people over. It looks like there is big news today." "Hey, isn't that Huang Baiming? Princess Jin is busy going public recently, why is he here too?" Maybe she has some scruples, or is worried about being too pretentious.  Even if an entertainment reporter blocked the matter, most of the celebrities in the industry who came to attend the Media Asia press conference smiled and declined, saying they would find out later.  Entertainment boss Zhang Guozhong is not exempt from this. As soon as his car stopped near the Media Asia Twin Towers and got off, he was blocked by a group of anxious reporters. There were reporters who were good friends with him on weekdays because they had some friendship with him.  , then he asked bluntly: "Sheng Zhang, brothers have been waiting here for most of the day. Can you give me a break in advance so that everyone knows what you will talk about at the press conference later?" Zhang Guozhong originally wanted to  He declined immediately and left, but when he saw that the people he was asking about were a few media reporters he had good friends with, they were old friends and it was hard to refuse. After thinking about it for a while, he took the initiative to let out some rumors, "Please understand, please give me some details."  It's not convenient for me to reveal it in advance. Anyway, the press conference will start soon. I can only tell you that the press conference held by Media Asia today will definitely not disappoint you, and today's press conference will be for Hong Kong Film and Television.  A major milestone in the industry, it is bound to rewrite the ecological environment of the entire Hong Kong industry." When he mentioned the upcoming press conference, he immediately became excited, and the excitement on his face could not be suppressed, although he only revealed a little bit at the end of the click.  He left immediately after speaking out, but there was no doubt that Zhang Guozhong was like throwing a hot bomb into the crowd, which immediately made a group of reporters and media people who were already looking forward to today's press conference even more anxious.  Resistant.  So when there were still more than ten minutes left before the press conference, Media Asia's security personnel opened the entrance and stopped blocking it. Hundreds of reporters and media people swarmed into the Media Asia Twin Towers, orderly.  At one point, it was so chaotic that several reporters rushed to the front to seize the vantage point for the interview, and even pulled each other and startedA scene of scolding and quarreling.  Fortunately, no one was injured. In addition, Media Asia's security personnel quickly intervened to separate those who were arguing, and repeatedly reminded that the press conference was about to begin, so no trouble finally occurred.  Swish, swish, swish The dazzling spotlight made Lin Xiaozhi have to squint his eyes. Thanks to him being somewhat accustomed to this kind of scene, it didn't affect him much. He felt the eyes of expectation focused on him.  Although he knew that the reason why they were invited here was mainly to get Media Asia's red envelopes and big news, Lin Xiaozhi knew it in his heart but did not show it on his face. Instead, he put on a gentle smile and started to smile.  He expressed goodwill to these reporters: "Thank you all friends from the media for taking time out of your busy schedule to attend our press conference today. In recent times, we have experienced a lot of things together, some good and some bad, but some  One thing will never change, and that is our common attitude of hoping that Hong Kong can become a better place" "Although he said a standard official talk at the beginning, the media present still applauded more to save face.  Lin Xiaozhi also gave up as soon as it was good. He only talked about the scene for a few minutes and then went straight to the topic.  " As we all know, the movie has been considered one of the most profitable industries since its birth. If you put in a lot of hard work, you can even get a return of several times, dozens of times or even hundreds of times in a very short period of time.  . Huge profits coupled with the low investment threshold for movies have created a problem in Hong Kong and most countries and regions in the world in the process of developing the film industry, that is, the continuous invasion of outside capital.¡± ¡°We can continue to  The capital that invades the film industry can be roughly divided into two categories. One is fast-money capital that is eager to obtain huge returns in a very short period of time, and the other is capital with unknown composition and origin, whose purpose is to launder money and share film investment dividends.  Gray capital has both advantages and disadvantages for the development of the film industry. Generally speaking, the disadvantages outweigh the advantages. " "Most of the quick money capital comes from legal business income, and they mostly come from domestic and foreign corporate entities or individual investors.  The reason for making movies is very simple, just to make money. We never deny the positive effect of fast money capital on Hong Kong movies that lack development funds, but the reason why they are compared with gray capital is because they blindly pursue returns in the investment process.  In order to please such investors, some filmmakers follow the trend of popular movies and shoot shoddy films. This not only seriously harms the interests of investors, but also pollutes the overall living environment of the film industry and destroys Hong Kong.  "If the overall impact of fast money capital on the Hong Kong film industry is barely more good than harm, then gray capital has completely done more harm than good to the film industry due to Hong Kong's special geographical location and the times.  As a result, there are many local social organizations, and the booming development and huge profits of the local film industry have also come into their eyes. Some are eager to launder money, and some are simply greedy for the huge profits of the film industry. This has created the Hong Kong film industry since the 1960s and 1970s.  "Unfortunately, due to the narrowness of the local market, except for a few large film companies that actively explore foreign markets and have a very high market share in the local market, Hong Kong's major film companies have a very high market share."  Most small and medium-sized film companies are short of funds to varying degrees, so that they clearly know the harm of fast money capital and gray capital, but they cannot completely abandon their temptation. This is something that our industry should review, but we also hope that local capital and the government will do so.  Please also review. The soundness of an industry requires not only profits but also a sound system and laws. However, we regret that in the decades since the birth of Hong Kong movies, there has not yet been a clear legal bill." "Funding Chain  Nervousness, lack of systems, and no way to rely on are the current reality of the entire Hong Kong film industry. This is why when the government cracks down on crime and the overseas market tightens, most local film companies temporarily suspend operations or even tear up their original contracts.  The industry is in a depression. " Lin Xiaozhi paused for a moment, glanced across the entire venue, pointed his finger slightly at the genius and continued: "The ticket price has been rising year by year, the movies are shoddy, the corporate capital has invaded, and various systems are missing. Hong Kong movies have reached a stage now.  inflection point.  If we go right, it will be the next golden decade; if we go wrong, the next step will be the abyss.  Now, it¡¯s time for someone to stand up for the entire industry.¡±
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