Resource Tycoon Reborn
Chapter Five Hundred and Ten Big Loans
"Hong Kong's stock market is now severely undervalued. The stocks of many companies can no longer truly reflect the company's value. They have been suppressed to extremely low prices by people with ulterior motives. Therefore, Kumho Film Group's securities investment department has
Run at full speed to acquire stocks of companies that are seriously undervalued. And in the future, we will invest more funds in it!" Fang Bin said.
"More funds? Can you tell us an approximate amount?" A reporter immediately asked. This is big news. When the Hong Kong stock market continues to fall, it would be great if a company could stand up and publicly support the stock market.
It is already very difficult, let alone a well-known Hong Kong company like Kumho Film Group.
Fang Bin smiled and said: "This gentleman's questions are very sharp and he is very focused. Under normal circumstances, many companies will tell you that these are business secrets and there is no comment. But I can tell you today that Kumho Film
The group has prepared a capital reserve of no less than US$2 billion, and if necessary, will invest all of it in the Hong Kong stock market!"
"I would like to ask Mr. Fang, is the US$500 million prepared for the filming plan just mentioned included in the US$2 billion?" a reporter immediately asked.
"No, no, no, this is a matter between two departments that do not interfere with each other! How could the securities department use the special funds belonging to the photography department? This is impossible to happen in Kumho!" Fang Bin shook his head repeatedly, "I don't
I know if such problems will occur in other companies, but at Kumho, we will never allow such a thing to happen!"
The reporters attending the press conference couldn't help but be in an uproar. It seems that Kumho Film Group is determined to launch a satellite today! With an activity fund of 2.5 billion US dollars, this is enough for more than 99% of the world's
For the company, it is a huge sum of money. The financial crisis in Southeast Asia has not yet passed and the Hong Kong stock market is in turmoil. Where do they get their strong confidence?
"Mr. Fang, this question may be a bit harsh. But I think this will also be of concern to many colleagues here and many readers. To hear what you just said, the filming of director Cameron's new work "Pirates of the Caribbean"
The budget is US$500 million, and you also mentioned that the funds should be earmarked for special use, so can I understand that your company has already prepared all the US$500 million?" A young and beautiful female reporter stood up and said.
"Yes, 500 million US dollars have been put into the company's prepared account. Only the company's senior cadres and the crew's financial staff have the right to make transfers. I don't think you will think that Ms. Yu and the others will dismantle my stage in public.
Right?" Fang Bin's words caused laughter among the reporters.
"However, we find it very strange that as a trilogy of movies, the entire filming process should be a very long process. It may take three to five years. Your company needs to prepare a total investment of US$500 million in advance.
Come out? In that case, wouldn't a considerable portion of the funds remain in the account and cannot be used? This can only be said to be a waste!" The female reporter then asked, "I'm very surprised. Your company's
How could decision-makers make such low-level mistakes?"
Many of the reporters present looked at the female reporter with surprised expressions. Although the question she raised was also a question on the minds of many people, but asking it so pointedly? That was not a public attack on Kumho.
Face? Does she want to do Kumho interviews again in the future?
But to everyone's surprise, Fang Bin didn't seem angry. He just smiled and said: "If this lady insists on thinking like this, I can't help it. After all, this is a free world. For anyone,
Everyone can have his own ideas about one thing. If it does not interfere with the legitimate rights and interests of others, he can also have his own approach. As for these ideas and whether the approach is right or wrong, only time will tell us! However, I
I can responsibly tell you that the reason why we do this is naturally for our own purposes! Of course, this is also because the company's current cash flow is very abundant, and we don't need to worry about this!"
The reporters present immediately gasped again - Kumho Film Group is really wealthy!
"Mr. Fang, just now you mentioned, 'If necessary, all will be invested in the Hong Kong stock market.' Then can I ask what kind of situation you think needs to be fulfilled?"
time!" A reporter stood up again and said.
Fang Bin nodded and said: "I did say this before. Well, I can also tell you that as long as Hong Kong's stock market is deliberately suppressed by external forces, these stocks will not be able to fully reflect the true economic status of each company.
We may acquire the stocks of these companies. For example, Kuok's Shipping Group, Chow Tai Fook Jewelery and Goldsmiths and Carrefour Group are all good companies that we believe have good development prospects in the future. Of course, I
It’s not that we won’t acquire the stocks of Hong Kong companies like Cheung Kong Holdings and mainland listed companies, but judging from the current situation, they don’t give us many opportunities to take action!” The reporters expressed understanding.
laughter.
The Fang family, the Guo family, and the Zheng family are close to each other. The Fang family and the Guo family hold shares in each other's companies. Kumho Film Group was jointly invested and established by the Fang family and the Guo family, so it acquired these three companies.
The company's listed stocks will naturally not arouse the resentment of the other company.
"So, does your company intend to take this opportunity to get involved in other industries and achieve industrial diversification by acquiring the stocks of major listed companies?" The female reporter just now asked loudly.
"We do not intend to hold shares of companies that are not directly related to our company's business for a long time. We are just optimistic about the future of Hong Kong and the future development prospects of these companies, and hope to share the dividends generated by the company's development. When the time comes,
price, we will sell these stocks in the market. Film is a good industry with great potential for development. So far, we do not feel that we have tapped all our potential in this industry. Our goal
, we should still make more and better movies that fans will like! I think you bosses don’t have to worry that we will take your seats, because the predicament you are currently facing is not due to the bosses’ lack of ability.
, caused by workers not working seriously. If we change positions, we will definitely not be as good as you, because you are the professionals! We will not do such a thankless and thankless thing. So, please
Bosses, see that I spare no effort in praising you, give us a chance to hitch a ride!" Fang Bin said seriously.
The venue immediately burst into laughter, and Fang Bin's humor made these reporters very satisfied.
"Mr. Fang, can I assume that you and Kumho Film Group are very optimistic about the future of the Hong Kong stock market?" Another reporter stood up and asked, "Then are these two billion US dollars all your company is prepared to invest?"
Has the Hong Kong stock market lost funds? If, I said, if, the Hong Kong stock market declines again, will your company invest further funds?"
Fang Bin nodded and said: "Yes, Kumho and I are very optimistic about the future of the Hong Kong stock market! There is no doubt about this! Although it is rude to say this, we really hope that we can turn these twenty
All US$100 million has been invested in the Hong Kong stock market! As for whether additional funds will be added, I can openly say here that if necessary, there is no problem! Now, what I can confirm is that we can at least raise more funds.
to US$1.5 billion in funding.”
"You sound confident?" the reporter said in surprise.
"Well, I am indeed very sure!" Fang Bin laughed and said, "It seems that you are going to break the casserole today and ask the truth, so I won't hide anything. Now let me invite a friend to the stage!" said
Then, a middle-aged Caucasian man came up from the audience and stood next to Fang Bin.
"This friend is the person in charge of the Hong Kong branch of the Emirates Doli Bank - Mr. Michelle Conston. Kumho Film Group and the Hong Kong branch of Dori Bank have formally reached an agreement the day before yesterday for the upcoming filming of "Pirates of the Caribbean"
The box office revenue of the three movies is used as collateral, and you can borrow up to two billion US dollars from Dolly Bank!" Fang Bin said.
There was some confusion at the venue. The reporters were whispering to each other. The name Dolly Bank from the United Arab Emirates was also very unfamiliar to them. But it was obvious that the bank's principal was quite strong. Otherwise, these twenty
A loan of US$100 million is a large amount of money even for a long-established Hong Kong bank like HSBC. And it and Kumho Film Group actually reached an agreement like this silently. Moreover, the reporters also felt quite
I'm shocked. I've only ever heard that film companies can use the copyrights of already-released movies as collateral to get loans from banks. When will the future box office of a movie that has just announced its filming plan be used as collateral to get loans from banks?
"I'm very grateful to Mr. Fang for giving me this opportunity. I know that for everyone sitting here and the citizens of Hong Kong, our Dolly Bank is still a very unfamiliar name, but it doesn't matter. I believe we will have more in the future.
Opportunities for cooperation!" Michelle picked up the microphone and said. His Chinese was still a bit stuttering, but it did not hinder people's understanding.
"Mr. Consignton, I am very shocked by your bank's generosity. To be honest, before this, I had never thought that the box office of a movie that has not yet been released can actually be used as a mortgage loan!" A reporter said
He stood up and said, "I wonder, Mr. Conskton, what's your comment on this?"
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