We're building a super chaebol in Hong Kong

#23 - Not only do I want to bring it back to life, I also want to make it famous in Hong Kong!

"It's a pity that my four daughters are all married, otherwise, if you were my son-in-law, I would have a successor," Bao Shipping King said with great emotion.

His youngest daughter is already 28 years old this year, and she got married a few years ago.

"Mr. Bao's sons-in-law are said to be talented people, and you now also have a successor," Su Cheng said with a hearty laugh.

Marrying a big shot's daughter? Although it sounds very good, it's not suitable for Su Cheng. With his current achievements, he doesn't need to be a gigolo.

Besides, marrying a big shot's daughter comes with too many constraints. He doesn't want to give up the entire forest for one tree.

Their conversation continued until after 9 o'clock in the evening.

Before leaving, Bao Shipping King specially took two bottles of Moutai from the wine cabinet to give to Su Cheng. Su Cheng didn't stand on ceremony. Although he didn't particularly like drinking, it would be good to collect them.

Su Cheng didn't tell Bao Shipping King about the fact that he already held more than 18% of Hutchison Whampoa's shares, because this was a trump card that couldn't be easily revealed.

After saying goodbye to Bao Shipping King, Su Cheng first sent Zhang Qizheng back to the Tianyuan Building before going home, as his car was there.

Sitting in the back seat of the car, Su Cheng recalled the content of tonight's conversation. He was very satisfied with this meeting with Bao Shipping King.

Moreover, judging from Bao Shipping King's attitude towards him, the two of them could temporarily stand on the same front.

The next day, Su Cheng slept until late noon before slowly washing up and having lunch. As for breakfast, it had already been skipped.

After getting everything settled, Su Cheng had the driver take him to the headquarters of the Su Corporation.

The Su family's villa was located on Barker Road next to Central, and the Su Corporation's headquarters was also in Central, so it was very convenient to get there.

The reason why Su Tianhe purchased the villa on Barker Road back then was to make it convenient to go to the company.

Arriving at the Su Corporation headquarters, every employee he encountered along the way respectfully called him "Chairman Su," and Su Cheng nodded in response to each of them.

The company had gradually returned to normal since the meeting that day. Although the stock price had plummeted after the group's announcement was issued, this had nothing to do with the employees, as they didn't hold any shares in the Su Corporation.

Arriving on the sixth floor, Su Cheng knocked on the door as he passed by Sister Zhang's office.

"Please come in," a female voice came from inside the door.

Su Cheng turned the doorknob and saw that Sister Zhang was writing something with her head down. It wasn't until Su Cheng called out "Sister Zhang" that she withdrew from her working state.

"Chairman Su, please sit down," Sister Zhang hurriedly stood up and poured a cup of hot water for Su Cheng.

"Didn't I disturb your work?" Su Cheng asked with a smile, taking the water cup.

"Not really. It's just that I've just started in this position, and the workload has suddenly increased a lot, so I feel a bit busy. It'll be fine after I've adapted for a while," Sister Zhang replied.

"How is the matter of the group's privatization going?" Su Cheng asked.

"I submitted the application to the Hong Kong Stock Exchange yesterday afternoon. They are currently processing it, and it is expected that the privatization can be officially completed next Monday. The delisting announcement has also been published in this morning's 'Hong Kong Securities Journal'. During this period, our stock will still be traded normally until the delisting process is completed," Sister Zhang reported.

"Okay, that's good. Thank you for your hard work," Su Cheng said.

"These are all things I should do."

Only 0.6% of the Su Corporation's shares remain on the stock market. Su Cheng also arranged for one person to remain in the previous trading team to continue acquiring the Su Corporation's shares until the delisting is completed.

This can be considered an explanation to the shareholders, although many of the shareholders who hold shares may have lost everything.

After all, when Su Tianhe was alive, the Su Corporation's total market value once reached more than 400 million Hong Kong dollars. Now, it's only more than 200 million. If shareholders bought the stock at its peak, they would have lost nearly half of their investment.

"By the way, Sister Zhang, have you encountered anything that you can't decide?" Su Cheng suddenly asked.

He hasn't spent much time in the Su Corporation these past few days, so he doesn't know much about the group's various businesses.

"Chairman Su, there actually is. Our Su Corporation has a subsidiary that is responsible for operating literary newspapers and periodicals. I believe you also know the current newspaper and periodical environment in Hong Kong, Chairman Su. It's too competitive, and the most important thing for literary newspapers and periodicals is to have good works, otherwise, it's impossible to compete with other competitors.

First-line writers simply won't submit articles to our newspaper, so this subsidiary is basically in a state of loss. In the past, because the losses weren't too great, the former Chairman Su didn't abolish it, but now, in order to reduce the group's loss rate, I'm considering whether to cancel the literary newspaper and periodical business, so this requires you, Chairman Su, to make a decision."

Sister Zhang took out a stack of documents and handed them to Su Cheng as she spoke.

Su Cheng took the documents in his hand and looked through them briefly.

The subsidiary of the Su Corporation is called Chivalrous Literature Media Co., Ltd., and its main products are the 'Chivalrous Literature Novel Newspaper' and the 'Chivalrous Literature Monthly', a newspaper and a magazine.

The latest novels are first published on 69shu.com!

The 'Chivalrous Literature Novel Newspaper' is a serialized novel newspaper that is published every day, and as for the 'Chivalrous Literature Monthly', as the name suggests, it is a literary magazine that is published once a month.

The 'Chivalrous Literature Novel Newspaper' sold over 10,000 copies a day during its peak, but now sales have fallen to less than 1,000 copies a day. As for the 'Chivalrous Literature Monthly', it temporarily stopped selling several months ago.

With this kind of situation, it would be strange if it weren't losing money. Fortunately, Chivalrous Literature Media Co., Ltd. doesn't have many employees, and the company's expenses aren't very high, otherwise, Su Tianhe would have shut it down long ago.

Su Cheng put down the documents and pondered for a moment.

Literary magazines and newspapers belong to the sunset industry in the future. With the popularity of computers and mobile phones, their sales are constantly declining.

However, in the current era, computers are not yet popular, let alone mobile phones, so there is still a lot of potential. This is why there are nearly 70 newspaper media companies in a small place like Hong Kong. If magazines are included, that number would be several times higher.

If a newspaper has very good sales, the advertising revenue is also very considerable.

Most importantly, in the future, even though newspapers and magazines are no longer popular, literature and novels will not be buried as a result. Instead, they will be promoted in another form.

In his previous life, Su Cheng had seen a news report: "'Harry Potter' becomes a super IP valued at $25 billion."

Besides 'Harry Potter', there are many other novels that are also worth a lot. It would be a waste if he didn't own these in advance!

Su Cheng has Little Ai, so writing novels like 'Harry Potter' is just a simple matter.

However, before that, there's no need to take out these trump cards so quickly. He can first take out a wuxia novel to develop Chivalrous Literature Media Co., Ltd.

In the future, there will be opportunities. After all, 'Harry Potter' will not start being written until 1997. Before that, as long as Su Cheng writes it, it will be owned by Su Cheng himself.

A billionaire personally writing a novel? It sounds strange, but Su Cheng doesn't care about that. As long as he develops Chivalrous Literature Media Co., Ltd., what's wrong with writing a novel? Anyway, he's just using his free time to write, so why should he refuse tens or hundreds of billions of dollars?

J.K. Rowling has been able to amass a net worth of over a billion dollars relying on the 'Harry Potter' series of novels. If the value were all developed by herself, she could earn even more.

"There's no need to close it down. Leave this matter to me. Give me a few days, and I will not only revive Chivalrous Literature Media Co., Ltd., but also make it famous in Hong Kong!" Su Cheng said confidently.

Moreover, since he wants to build a behemoth group, then every subsidiary under it is a part of it and cannot be easily abandoned.

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