In Xiangjiang, Luo Kangrui was also preparing to buy shells and go public after following Ye Jin's advice.

Before the stock market crash in 1973, it was very easy for Xiangjiang Company to go public, with almost no restrictions. As long as you are willing to spend money, even the most trash company can go public to raise funds.

For example, the most famous company [Xiangjiang Antenna] claims to have invented a high-tech antenna, which can receive TV signals with the help of this antenna. As a result, its stock price soared, from one yuan to thirty-five yuan.

Later it was confirmed that it was not necessary for its antenna, and any iron wire could receive a signal. Therefore, the stock price of Xiangjiang antenna plummeted and became a joke. Xiangjiang antenna was also called [Xiangjiang Idiot Line].

However, after the stock market crash in 1973, the Hong Kong government strengthened its supervision of the stock market and various exchanges strengthened its management, so it became no longer easy to list a new company.

Many conditions need to be met, such as the listed company must be a public company; the operating time will take at least five years; the total assets must not be less than 50 million, etc.

Tongxin Real Estate has no problem with its qualifications, and its total assets must exceed 50 million. However, the operating time is only more than one year. If you have to apply for listing according to the normal way, you have to wait at least another four years.

Therefore, Luo Kangrui is preparing to adopt another method - buying a shell and listing, that is, acquiring a listed company and then injecting Tongxin Real Estate assets. At that time, it is equivalent to Tongxin Real Estate going public.

There are more than 400 listed companies in the Xiangjiang stock market at this moment, but not any listed company is operating well. Some of the listed companies have poor performance and their stock prices have fallen to the bottom and no one is willing to buy them. At this time, if you are willing to spend a little more money, you can buy them and go public through a backdoor listing.

...

"Mr. Ye, I have found a good target." Luo Kangrui called Ye Jin to report good news, "Baoguang Group intends to sell its Hanmei Company, and the price is 50 million Hong Kong dollars."

"Fifty million Hong Kong dollars?! The price is not low." Ye Jin frowned when he heard this.

For HK$50 million, if you only buy one empty shell, the price will be too high. You should know that if you go public normally, it usually costs HK$300,000 to 4 million.

Although buying a shell and going public can save time, it is too expensive for HK$50 million. At this stage, HK$50 million is enough to buy a 20-story high-rise building in Kowloon.

"Yes, in addition to the shell of a listed company, the most important thing is that there is also a 400,000 square foot piece of land in Tsuen Wan. The market valuation is around 40 million Hong Kong dollars," Luo Kangrui explained.

"If this is the case, the price is still pretty cost-effective." Ye Jin nodded, "But, is there no problem with that piece of land?"

Buying a shell of a listed company worth 10 million Hong Kong dollars is not too expensive and is still worth it. But the key is that there must be no mistakes in that piece of land.

There are large pieces of land in Xiangjiang that are restricted from development. Especially the land in the New Territories region is even more troublesome. If development is restricted, it will be a piece of wasteland, and no matter how large the area is, it will be useless.

"There is no problem with that piece of land and can be developed. I have done a detailed investigation." Luo Kangrui smiled and said, "Don't worry, Mr. Ye, I am not going to work on the first day, so I won't be so fooled.

The reason why Baoguang Group sold Hanmei was because their company's operations were in a state and needed to sell assets to cash out and repay debts, so it was planned to sell Hanmei."

"Okay, since you have investigated, I will choose to believe you." Ye Jin nodded, "This shell seems worth buying, so you are ready to buy it."

"Okay, thank you Mr. Ye for your support." Luo Kangrui said happily.

...

On the other hand, Li Chaoren also called Ye Jin.

The acquisition of Hutchison Cheung is progressing smoothly under the promotion of Mr. Shen Bi and the ship king Bao Jinshui. It is estimated that in another half a year, Cheungstan will officially acquire Hutchison Cheung.

"Mr. Li, I really want to congratulate you. If Cheung really successfully acquires Hutchison Whampoa, then you will be the richest person in Xiangjiang." Ye Jin smiled.

"I dare not take it, Mr. Ye, there are so many people in Xiangjiang that are richer than me." Li Chaoren smiled, "And, if the acquisition is successful this time, you will have a credit for it."

If he had not acquired Hutchison Whampoa at the beginning, he would not have had the opportunity to acquire Hutchison Whampoa now. If he had not supported Ye Jin, he would not have dared to acquire Hutchison Whampoa at the beginning. Therefore, overall, Ye Jin has made great contributions.

"You have to be welcome, Mr. Li, if you need any help during the acquisition of the Hutchison Whampoa process, I will not hesitate to speak even if I speak." Ye Jin smiled.

"Thank you, Mr. Ye." Li Chaoren nodded.

The market value of Hutchison Whampoa is as high as more than 6 billion Hong Kong dollars, while Cheung Kong's market value is only 2 billion. If it is to acquire it, it is equivalent to a snake swallowing an elephant. It is quite difficult and it will definitely require financial assistance. If Ye Jin can provide part of the financial support, it would be great.

...

In January 1979, "The Past of the United States 1" was officially released.

The film lasted nine months, and then two months later, and it took nearly a year to complete the production, which can be regarded as a big production.

"The Past of the United States 1" mainly tells the story of the Jewish Gang's rise from its establishment to the ban on alcohol in the form of memories. The original duration was three hours, but after deletion, it was changed to two hours and fifteen minutes.

The media did not have a high opinion of this movie, believing it was just an imitation work of "The Godfather". But compared to "The Godfather", a black stick epic classic full of fighting, vendetta, violence, conspiracy, magnificent and climaxes, the plot of "The Past of the United States" seems dull and boring.

The Jewish Gang has been very smooth in both its establishment and its rise. Compared with the struggle history of the Corleon family in "The Godfather", it is like a child playing house.

The only highlight of the film is probably the Brooke silk dancing in the warehouse. She danced gracefully in the music with her hair tied in white dress. The lights shot down from the glass window on the top of the warehouse, and the light fog created by floating flour makes her look as beautiful as an angel.

In short, in the media's opinion, "The Past of the United States" is a clumsy imitation of "The Godfather", and there is really no need to watch it.

In fact, this is true. After the release of "The Past of the United States", the box office was not very high. The box office on the first day was only more than two million US dollars, and such results could not even be compared with the low-cost horror film "Halloween".

In the following days, the box office of "The Past of the United States" still did not improve, and even fell to a single-day box office of only a few hundred thousand dollars a week later.

Regarding such box office results, those insiders who had complained about Ye Jin were excited and began to belittle Ye Jin's investment vision again, believing that his luck was almost gone, and the myth of 100% successful investment has broken the deadlock.

The total investment of the "Past of America" ​​trilogy is 40 million US dollars. Now the box office of "Past of America 1" is expected to exceed 10 million US dollars. If this continues, the box office of 2 and 3 will definitely not be high.

In this way, "The Past of America" ​​is expected to cause a huge loss of at least 20 million US dollars. This is not a small amount.

Fortunately, the investment in "The Past of America" ​​is led by Myth Films, which has nothing to do with Fox Pictures in principle, so Fox's stock price just fell slightly.

But even so, Fox's major shareholder, Feituo Group, is still worried.
Chapter completed!