Rebirth of Xiangjiang - 1978

"Lin...Mr. Lin, aren't you kidding?"

Fuguero looked at Lin Daoqiu in shock. He didn't expect that the other party would admit it directly.

"Does Mr. Foguero think I'm joking? In fact, I have announced this matter at an internal meeting before, which is why such rumors appeared. Although I don't know who spread the news, it is true."

When Lin Daoqiu talked about closing New Oriental, his tone was as if he was talking about something that had nothing to do with him.

Fuguero looked at Lin Daoqiu and couldn't say a word for a long time. The rumors outside were just rumors and were probably false.

After all, gossip magazines and gossip often spread some outrageous rumors, which were later proven to be false.

But now Lin Daoqiu has said in front of him that he will shut down New Oriental after the New Year.

Looking at Lin Daoqiu's serious expression, Fuguero believed that the other party was definitely not joking with him.

"Several years have passed since the establishment of New Oriental. Since the "Hong Kong Film Management Act", New Oriental's development prospects have fallen into a huge bottleneck, so I plan to withdraw from the Hong Kong film market."

Lin Daoqiu bluntly told Fuguero that the biggest reason why he wanted to shut down New Oriental was the "Hong Kong Film Management Act."

That was the bill promoted by Run Run Shaw and him.

Although Lin Daoqiu did not name him, Fuguero knew that the other party was basically saying that he was one of the culprits who made him close New Oriental.

"Mr. Lin misunderstood that the "Hong Kong Film Management Act" was not issued for New Oriental. The reason why this bill was originally established was for the good development of Hong Kong films."

Even Fuguero himself didn't believe this statement. If it weren't for Shaw's strong push behind it, this bill would never have been enacted.

With this bill, Run Run Shaw obtained the Hong Kong Cinema Chain and became the biggest beneficiary, while New Oriental obviously became the biggest victim because of the "Hong Kong Film Management Bill."

It is reasonable for Lin Daoqiu not to want to continue playing, and he was able to persist for a year and a half, which is already an amazing thing.

"As the boss of New Oriental, Mr. Foguero and I have obviously very different experiences. This matter is a foregone conclusion. Please report back to the Governor what I just said."

Foguero was ordered by Wei Yixin to understand the situation of New Oriental. If he went back to reply to Wei Yixin according to what Lin Daoqiu said just now, Foguero was worried that it would affect him.

After all, the "Hong Kong Film Management Act" was originally promoted by him, and Wei Yixin could know the inside story of this matter with just a little research.

Although there are many high-level officials involved, Foguero is on the front line. If he ends up taking the blame for this matter, he will definitely not be able to escape.

"Is Mr. Lin's decision a bit too hasty? I think New Oriental's departure from Xiangjiang will definitely be a big loss for Mr. Lin. I hope you can seriously consider it."

Fuguero still wanted to persuade Lin Daoqiu to give up this idea.

But when Fuguero finished speaking, Lin Daoqiu just smiled and answered.

“How does the film market in Hong Kong compare to the film market in North America?”

As soon as these words came out of his mouth, Fugro immediately shut his mouth silently.

There is no need to compare the film market in Xiangjiang and the film market in North America. Whether it is in terms of population or currency value, the two sides are not on the same level at all.

Lin Daoqiu had just bought MGM. He closed New Oriental and went to Hollywood to make US dollars. This was a matter of course.

Feeling that it was impossible to convince Lin Daoqiu, Fuguero nodded and said goodbye to Lin Daoqiu.

Lin Daoqiu had no expectations at all for Fuguero's arrival.

In the final analysis, Foguero is just a special commissioner. Although he can take charge of the Electricity and Power Administration, if the bill is to be canceled, he can only play a supporting role and has no decisive ability at all.

So there was no need for Lin Daoqiu to waste time on him. As for how he would reply to Wei Yixin when he returned, that was Fuguero's business, and Lin Daoqiu would not care about it nor was he interested in it.

In his opinion, Foguero's reply would definitely avoid the important and trivial and would not tell Wei Yixin the truth of the matter.

All Lin Daoqiu has to do is wait and let time help him. During this period, he must find ways to make Wei Yixin understand that Hong Kong Film cannot live without New Oriental, so that the other party can revoke the "Hong Kong Film Management Act."

Just as Lin Daoqiu guessed, Foggero came to Wei Yixin's office the day after meeting Lin Daoqiu.

"What is the situation at New Oriental?"

Wei Yixin still attaches great importance to Lin Daoqiu. He does not want this world-renowned film tycoon to really leave Hong Kong. In that case, it will definitely be a huge loss to Hong Kong movies.

And judging from the crowd effect, the movies produced by New Oriental can cause huge repercussions in Asia every year, coupled with Magic Studio, the world's top special effects studio.

It can make filmmakers all over Asia focus their attention on Hong Kong.

If it were Wei Yixin's successor, the notorious last governor of Xiangjiang, Peng Dingkang, that guy would definitely try his best to get Lin Daoqiu to leave Xiangjiang.

But Wei Yixin is different. He does things out of public interest and will do anything that is good for Hong Kong.

Compared with his successors, it is rare for Wei Yixin to dare to speak up for Xiangjiang after returning to England after resigning as governor of Hong Kong.

"I have already met with Mr. Lin, and he clearly told me that New Oriental will be closed after the Chinese New Year."

Wei Yixin did not expect that the rumors outside were true. He was stunned for a few seconds and then asked.

"Did Mr. Lin say what the reason was? The market for Xiangjiang movies has been very good in the past few years and has hit new highs repeatedly. There is no reason for Mr. Lin to withdraw from the film market in Xiangjiang?"

Wei Yixin couldn't understand why Lin Daoqiu chose to close New Oriental at this time when the box office of Xiangjiang Movies was rising. This was really illogical.

Fuguero had already thought of his words before coming, and he would never reveal Lin Daoqiu's true thoughts to Wei Yixin.

"Mr. Lin said that compared with the film market in Xiangjiang, North America is far superior to Xiangjiang in terms of population and currency value, so he plans to develop in North America."

Fuguero is over-interpreting Lin Daoqiu's words, and he is still avoiding the important and taking the easy.

Lin Daoqiu deliberately concealed the Hong Kong Film Management Act, the biggest reason for shutting down New Oriental.