We are all reborn, who wants to be the richest man?
Chapter 332: Show off Wall Street 1
"We have been calculated. Now that United Lighting has found a new business growth point, the valuation will definitely increase exponentially."
Citibank Center, formerly the Golden Gate Tower.
This building is now the Asian headquarters of Citibank, a beautiful country. At this time, Wall Street capital gathered here to discuss countermeasures.
Just this morning, news spread like wildfire that the Hong Kong Government’s Economic Development Division was about to reach a huge contract with United Lighting worth over HK$4.78 million.
The main content of the contract is to create a dreamy light show on both sides of Victoria Harbor like the Far East Group's Bauhinia Garden District to better promote the development of tourism on Hong Kong Island.
Although it is just news and no contract has been signed yet, people who know some of the inside information know that this matter is already a done deal.
Not to mention Far East Group's huge influence on Hong Kong Island, the Hong Kong government's determination to vigorously develop the tourism service industry in the past two years has basically been finalized.
It is because of Far East Group's tourism development on Lantau Island that the Hong Kong government has a more objective view of the tourism service industry.
Hong Kong Island is a free port, and corporate taxes are only on profits generated within Hong Kong Island, so the taxes on many companies are not high.
The tourism service industry is different. Not only does it earn a large amount of external funds, it is also all profits generated locally.
The most important thing is that the development of the tourism service industry can make money flow quickly. Only when vendors earn more money will they be more willing to spend it.
So after learning that the Far East Group's Dream World in Bauhinia Gardens stole the limelight of the Victoria Harbor fireworks show, the Economic Development Section quickly approached United Lighting to discuss the possibility of transforming both sides of Victoria Harbor.
This 4.78 million Hong Kong dollars includes all planning plans including lighting and design. If labor costs are excluded, the profit from this contract is likely to reach million Hong Kong dollars.
Not to mention the large amount of design fees and various service fees, take the lighting itself as an example. This is a hugely profitable industry.
This is not the key. The key thing is that once the Hong Kong Island plan is a big success and causes a sensation in the tourism industry, will other tourist cities around the world follow suit? Definitely.
What about other spin-off projects? For example, streetscape renovation, etc., a large number of projects from all over the world will come to us. This is a monopoly business now.
"We must reach financing negotiations with United Lighting as soon as possible."
The words of the Goldman Sachs representative made other companies nod.
“What I’m worried about now is not United Illuminating, but what’s happening in the stock market.
We must stop and do too much before the news gets out. I feel like we have been tricked."
Who can put together a line, it must be the Far Eastern style.
Wall Street's previous judgment was that excess power would reduce the profits of a number of power plants, but the situation is different now.
The development of urban lighting construction will inevitably consume a lot of electricity. As long as Hong Kong Island can succeed, then if many cities follow suit, it will mean a substantial increase in electricity consumption.
There will be two results. Large cities will expand due to insufficient power, and small cities will suffer from poor profits due to reduced power. The final result is bankruptcy and annexation.
Either way, there is room for Wall Street to maneuver, and it's huge, but it's not pleasant to see the Far East group taking advantage of them.
"It seems that we are going to cooperate with the Far East Group. United Lighting has a very strong voice on the side. Capital cooperation with the Far East Group will allow us to exert our control over the capital market to the extreme."
As long as Wall Street promotes the development of LED, the subsequent decisions of United Lighting will greatly affect the relevant capital markets.
For example, the delivery speed of United Lighting can have a decisive impact, and there is room for maneuver in this regard.
"Barclays Bank's acquisition in Sacramento may not be able to satisfy the other party's appetite. It seems that it is no longer possible for us to hold the other party's expansion in California."
Far East Bank has two acquired small banks in the San Francisco area, and Barclays Bank also has a branch in California. This is their bridgehead in California, with the purpose of expanding the scale of California's financial industry.
However, California legislators have been deeply influenced by Wall Street capital, and many acquisitions by Far East Bank and Barclays have been blocked by the California government.
It's not that Wall Street is looking for trouble with Luo Nianzhong, but that this is their bargaining chip. If it were Luo Nianzhong, he would do the same.
On Wall Street, if someone gives you something for free, be careful.
The paid ones may just be the exchange and payment of interests, but the free ones may mean that you will die without a burial place, and you are still counting the money after being sold.
“So the Far East Department didn’t say a word during the negotiations that day, and I felt strange at the time.
Now it seems that the world tycoon has plotted against Wall Street.
There is nothing wrong with opening California's financial industry to the other side. No matter whether it is a wolf or a tiger, it will appear very weak in front of us.
I just can't understand now, is he so optimistic about the Internet and the film and television industry? "
What does California have? Silicon Valley and Los Angeles.
Needless to say, Silicon Valley, in addition to the semiconductor industry, is the emerging Internet industry.
There are now two major Internet gathering places in the world, Silicon Valley in California and Tuen Mun on Hong Kong Island.
As for other countries, they have not yet deployed in this industry.
Needless to say, Silicon Valley has seen the emergence of many Internet companies in California in the past two years due to the boom in personal computers and the rise of computer offices.
Tuen Mun developed due to the support policies of the Hong Kong government and the Far East and the entrepreneurship of employees from the Far East. It has attracted a large number of employees from the Far East and other talents from Southeast Asia who are interested in the Internet.
But looking at the current Internet industry, it’s all about office software, engineering software and the like. Goldman Sachs really can’t figure out why Far East is so optimistic about this industry.
It’s no wonder that Goldman Sachs thinks so. The revenue of Far Eastern companies, which account for 70% of office software and industrial software, is there. Not to mention compared with those semiconductor companies, even many traditional industry companies scorn them.
Another one is the film and television industry in Los Angeles. As far as the beautiful country's media industry is concerned, the film and television industry belongs to Los Angeles, but the center of the media industry is in New York.
Whether it is TV stations or current mainstream print media, New York is the leader in leading beautiful countries. In addition, the current Hollywood is not the same Hollywood that will export crazy culture to the world 20 years later.
Needless to say, in Asia, even the next fifteen years of history were dominated by Hong Kong film and television.
During this period in history, Hollywood blockbusters might not even make it into the top ten at the box office in island countries and Southeast Asia. The top ten were really dominated by Hong Kong films.
Now that Luo Nianzhong is here, the strategy of revitalizing Hong Kong through culture has been instilled in Asia Media from the very beginning.
Not to mention that the films are getting better and better, the income and talent have also been greatly improved.
How talented are the talents in Hong Kong Island? Every Hollywood blockbuster and domestic blockbuster you've seen that has some fighting elements has the shadow of Hong Kong Island's martial arts behind it. It's really hard to imagine that a small Hong Kong Island has influenced the film industry around the world.
Needless to say, art films are very popular in Europe.
Regarding Hollywood popcorn movies, the European film and television industry criticizes them as if they are not correct without a few words of criticism.
Therefore, Wall Street is really not very optimistic about Hollywood. It can be seen that the current Wall Street giants are basically losing money in terms of film distribution.
This is why it was so easy for Luo Nianzhong to acquire Disney. At that time, Luo Nianzhong didn't have many connections in the White House.
They could never imagine that the Internet and technology industries would be completely disrupted in the future, or that the industry that would be most disrupted would be the media industry.
It is simply impossible for a Hong Kong company to control the media industry of the beautiful country. The current Disney NBC is already at its limit. This is because it is endorsed by the two major consortiums, DuPont and Texas.
Don’t you want me to enter the media industry? Then I will take a detour and find another way.
I don't ask for control, I just want to have an influence on the beautiful country's media industry.
And when the time comes, the equity of these companies will definitely belong to the descendants of Chris or Luo Nianzhong. What will your beautiful country do?
Robbery? Do you really think that the situation Luo Nianzhong laid out at that time was so easy to break?
"Pay attention to the Far Eastern Department's actions in California."
This is not only Damo's idea, but also everyone's idea. After all, Luo Nianzhong, a world tycoon, has never failed before.
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