After being silent for more than a month, Media Asia, which has not made any public statements since the Huang Langwei incident and the Cai Ziming shooting case, finally came forward. Although both inside and outside the industry were extremely concerned about this when the news came out, however As soon as Media Asia's press conference came out, the whole of Hong Kong was shocked. ATV, which broadcast the entire press conference live on the Chinese channel, naturally took advantage of it. It relied on its special relationship with Lin Xiaozhi to obtain the full broadcast rights of the press conference. However, although the live TV broadcast provided by the Chinese station in the morning attracted some popularity to ATV, because the press conference was during working hours, not many people could actually watch it in front of the TV. Those media reporters naturally knew this. After the press conference ended, many media who were invited to attend the press conference hurried back. Media Asia and Lin Xiaozhi undoubtedly gave them too much explosive information at this press conference. Although they can no longer catch up with today's morning paper, it does not mean that Hong Kong's major media, especially the most convenient newspaper, will miss it. By publishing this news today, we gave up the opportunity of selling these explosive news information to others. So, on this day, an astonishing scene unexpectedly occurred in Hong Kong, that is, many media outlets printed more evening papers one after another. The evening paper market, which usually has a circulation smaller than that of the morning newspapers, saw a hot scene that made people smash their eyes. ¡°The large-scale bailout has attracted praise from the industry. Chairman of the Film Association, Lin Xiaozhi, admitted that he is applying to the Hong Kong government to completely cancel the entertainment tax to protect the development of the local film industry.¡± ¡°Media Asia¡¯s boss accused Hong Kong films of having no laws, systems and funds, and fully intervened to guide the Hong Kong film industry. Want to put it on the right path" "The three major law firms in Hong Kong all expressed their acceptance of the commission. Gold medal lawyer Mr. Gao Hongming said with a smile that he was honored to accept the commission from Media Asia Group and the Hong Kong Film Association. He personally wrote the article with reference to relevant countries in the United States and Europe. The Film Management Act is being drafted and the Hong Kong Film Act is being drafted." "Strongly promoting the establishment of the Hong Kong Artists Union, which has received support from many lower-level artists. Hundreds of first-, second- and third-tier artists in Hong Kong have spoken out in support of the establishment of the Artists Union." "Then to the Taiwan Cinema Businessmen opened fire. Lin Xiaozhi, chairman of the Film Association, accused Taiwan cinema operators of viciously lowering prices and harming the interests of local film production companies, and announced that the Film Association would set up an investigation team to intervene in the matter. ""500 million investment to promote the establishment of the 'Film Development Support Fund,' which has attracted the attention of the industry by rejecting literary and artistic films. "Media Asia intends to intervene in the electronics market, and its boss Lin Xiaozhi boasts that he has developed an epoch-making electronic product." Since "Ming Pao" was forcibly acquired by Lin Xiaozhi, the reform that originally gradually moved towards entertainment in the Pinhai era has also Therefore, he intervened and terminated it. Although it still retains many sections such as entertainment, Lin Xiaozhi undoubtedly hopes that "Ming Pao" can continue to maintain the influence of Mr. Jin's era on middle-class Chinese in Hong Kong and even overseas, so it was reshaped by him. . After this press conference, "Ming Pao", as the "official industry" under his own name, naturally had to shout out for him: "After a month of silence, reforms are brewing, and Lin Xiaozhi pointed out the Hong Kong film industry to make big moves." The deputy editor-in-chief personally wrote an article and commented: "because of the unique historical background, Hong Kong's unique prosperity and community culture have been created, and Hong Kong film, as a profit-making emerging industry, has been favored by Hong Kong communities since its inception. Coveting, constantly intervening in and invading the Hong Kong film industry, trying to use it to launder money and bring huge profits for themselves. According to this newspaper's investigation, in addition to a few giant film companies in Hong Kong, there are a large number of small and medium-sized film companies, especially those small and medium-sized film companies. Film crews generally use funds from unknown sources to shoot movies. This is why since the news of two extremely bad murder cases in the industry in July, the Hong Kong government's heavy crackdown on crime has unexpectedly affected the local film industry" "Law, The imperfect system has meant that the Hong Kong film industry has been relying on credibility between people since its birth. As early as a dozen years ago, when Hong Kong's first-line artists and directors were paid less than tens or hundreds of thousands, disputes often broke out. Case in point. In recent years, Hong Kong film salaries have continued to rise. There are many first-line stars who earn two to three million for a movie. There are even several top stars in Hong Kong who earn over ten million. According to a certain source in the industry. Celebrities reported that in recent years, with the increase in film remuneration, conflicts and contradictions between artists and film production companies, directors, and crews have also increased sharply because there is no clear legal and institutional protection. Such vicious incidents as the Cai Ziming shooting case are rare in the industry, but various conflicts over remuneration occur from time to time, especially the interests of low-level artists are seriously damaged" "Sing Pao" is Lin Xiaozhi The earliest newspaper he acquired has been playing the role of official throat for him for several years. Naturally, he has to speak out to fight for the commanding heights of public opinion. ¡°¡The establishment of the Film Association should be an important step in the formalization of the entire industry in Hong Kong, and just one day ago, the Film AssociationThe press conference held by the first chairman, Mr. Lam Hsiao-chi, should undoubtedly be an important milestone in the history of Hong Kong films. At this press conference, Mr. Lin Xiaozhi elaborated and analyzed the various shortcomings and deficiencies of the Hong Kong film industry, and proposed the formulation of the Hong Kong Film Act, the establishment of an artist union, and the establishment of a film development support fund to provide internal support for the film industry. The entire industry has formulated laws and systems to prevent unfair competition and actively guide the industry to explore foreign markets and expand the living space of the Hong Kong film industry. What is certain is that once Mr. Lin Xiaozhi¡¯s propositions are all implemented, the Hong Kong film industry will usher in another golden decade. ""Tian Tian Daily" was not willing to follow suit, and also invited famous writers to specialize in the entertainment section. Two full pages gave comprehensive coverage, but compared to ATV, the three newspaper groups under Lin Xiaozhi's name were still less powerful. As one of the two major free TV stations in Hong Kong, ATV relied on its status in the industry. We have invited well-known directors, bosses and artists in the industry, such as Eric Tsang, Xu Ke, Wu Yusen, Tang Guangrong, Li Xiuxian, Andy Lau, etc., to launch a three-day prime time evening program where celebrities talk about the industry. Each issue will invite five people. Well-known figures in the industry talked about Lam Hsiao-chi's discussion of four sets of punches to rectify the Hong Kong film industry. There was a sensation in the Hong Kong industry for a while, although there were many voices criticizing the "Film Development Support Fund" announced by Lam Hsiao-chi for treating "artistic films". His attitude is too biased. At the same time, some Hong Kong media who are close to Taiwan are worried that his pro-Northern attitude will further aggravate the conflicts and contradictions between the Hong Kong film industry and Taiwan. But at this time, he is caught in the impact of Hong Kong's anti-criminal campaign. As far as the turbulent Hong Kong film industry is concerned, Media Asia and Lam Hsiao-chi, the giants with huge amounts of money, finally expressed their intention to rescue the market. This has a positive effect on the entire industry. On the second day after the press conference was held, it continued to weaken by more than a month. Media Asia's stock price rose in response, with an increase of more than 14% on that day, and then a near-evergreen daily increase for nearly ten trading days. Golden Harvest was also affected, and also ushered in a long-term trend. Seeing that the market conditions were favorable after half a month of continuous rising momentum, the new boss of Golden Princess, Lei Qizheng, also seized the opportunity and immediately contacted the senior management of the Hong Kong Stock Exchange to discuss the listing. His Golden Princess Group had already finished. The listing procedures were originally scheduled for June and July. However, two murder cases suddenly came out of the entertainment industry, causing the Hong Kong film industry to be involved in the anti-criminal storm. Jiahe has suffered a lot and its stock price has been falling continuously. He is waiting to make a lot of money from Princess Jin's listing. Naturally, he will not be bored. Therefore, he has been stuck on the first step before the listing and has not taken the step now. After holding a press conference to announce several large-scale rescue measures, the general environment improved. Being quite good at capital operation, he immediately launched the Lei family's many years of network activities, and finally rushed to the last day of August with a pre-determined price of HK$1.6 billion. The market capitalization of the Golden Princess Group was announced after it was listed. Investors were optimistic about the Hong Kong film industry as a whole. The listed Golden Princess Group opened higher and went higher on the first day. It once soared to over 50 during the session, and the first day's increase exceeded 43 and was later updated. In the continuous rise that lasted for several trading days, the newly listed Golden Princess became the third large-scale film group company in Hong Kong after Media Asia and Golden Harvest with a market value of more than HK$3 billion.