Hong Kong Stubborn - Chapter 140

Since July, a larger financial hurricane has swept across Asia.

The Hong Kong dollar was short-selling huge amounts of funds on a large scale, causing short-term interest rates to soar to a terrifying 300%, or 30% monthly interest rate. Sister Army deposited all the 180 million Hong Kong dollars in her private account for a one-month period, and could get a huge interest of 4.5 million Hong Kong dollars in one month.

Of course, this monthly interest rate will only be short-lived, but this month has earned a few years of daily living expenses. This round of crisis is equivalent to a reshuffle of the capital level.

At the same time, the army sister began to convert the U.S. dollars in the Wind Snow Giant Trust Investment Fund account into South Korean won in large quantities, and transferred them to the account of Snow Country Entertainment Investment (Korea) Co., Ltd. The current exchange rate of the Korean won to the US dollar is 1840:1, which is almost a waste of paper compared to the 800:1 exchange rate a year ago.

South Korea’s foreign exchange reserves currently have only more than 5 billion U.S. dollars, which is only equivalent to 8 Luo Junyan’s cash assets. When the Korean won exchanged for the U.S. dollar broke through 1600:1, sister army once planned to exchange it. As a result, she happened to be on a field trip, and it only fell below 1700 after less than half a month’s delay.

Sister Army simply waited, and the loss would be great if it was changed early. Now the plan to buy land will be officially launched. If it is not converted into Korean won, the transaction will be inconvenient. Besides, after buying the land, you don’t have to worry about exchange rate losses.

In the first ten days of August, the Hong Kong stock market finally couldn’t support it, breaking through the 8,000 and 7,000 points. When 6000 points were in danger, the Hong Kong government was forced to use the Exchange Fund to directly enter the market to protect the market, and strengthened supervision measures, finally making international financial speculators embarrassed to flee.

However, stabilizing the economic situation cannot be achieved by protecting the stock market. The property market is simply a sell-off. A large number of property owners have turned from rich people to negative men, and the buildings and houses purchased with loans have become negative equity.

With the backing of the mainland, Xiangjiang is still in the best situation. The misery of other countries can be imagined.

During this period, the army sister sold 500 million US dollars at an average exchange rate of 1,900 won for 1 U.S. dollar, for a total of 950 billion won. As for why sister army exchanged a large amount of U.S. dollars into Korean won, it is because sister army believes that the Korean won will depreciate too fast in the short term, which belongs to the range of oversoldness.

At the same time, there is news that the South Korean government is ready to accept the IMF’s requirements for full opening up and clean up the conditions of the financial system, then it will receive a large amount of US dollar assistance, and the Korean won will surely rebound sharply. This large sum of funds may be able to make a profit on the exchange rate, because there is a real need to buy land, and the risk of speculation is not great.

In mid-August, “Skyscraper” finally completed the on-site shooting and entered the post-production stage. Luo Junyan needs to stay in Korea all the time to ensure the visual effects of CG synthesis. This work is not easy.

At this time, South Korea finally accepted the aid conditions of the International Monetary Fund. The South Korean market was fully opened to foreign capital. Even South Korean banks allowed foreign capital to hold wholly-owned shares. South Korea received a large dollar loan to save money.

During the outbreak of the crisis, if the Korean people hadn’t donated all the gold and silver jewelry to the country, South Korea would have gone bankrupt without waiting for the assistance of the International Monetary Fund.

Immediately, the Korean won exchange rate began to bottom out from 1995 won: 1 U.S. dollar. As for the position of the rebound and appreciation, it depends on the follow-up South Korea’s implementation of its commitments. Sister Army made a bold bet this time that the South Korean government will not let the country go bankrupt, which is quite accurate.

At the same time, this is good news for sister army. Snow Country Entertainment Investment (Korea) will make it easier to acquire land, and the government will not set up artificial barriers in this sensitive period. The most important thing is that the Bank of Korea will go bankrupt in large numbers. The non-performing assets that need to be cleaned up have a lot of mortgaged land properties, and the auction price will be quite cost-effective.

When Sister Army sent all the staff to negotiate the purchase of the land, the average price of the Xiangjiang real estate had fallen by 50%. I don’t know how many people could not sleep at night. Nowadays, Liu Luanxiong, the tycoon of Hong Kong Real Estate, has lost 20 billion Hong Kong dollars. How many people do not need cash turnover?

Luo Zhaohui was forced to go to his door every day to force debts, and bankruptcy only occurred overnight. It’s funny to think about it. It took him much shorter time to become a billionaire than Luo Junyan. As a result, after he developed, he played the role of the emperor and made people think of King Li Chuang.

In September, unfortunate news followed. The mainland of China broke out in a major flood that was unprecedented in a century. 25 provinces across the country were affected. Numerous victims were left homeless, with a large number of casualties and heavy economic losses.

TVB has begun broadcasting special programs, calling on all Hong Kong citizens to collect donations for compatriots in the disaster area. The entertainment circle also began to prepare for disaster relief activities to raise funds for disaster relief.

Luo Junyan has not yet announced his comeback, and he is busy with the late CG synthesis and production of “Skyscraper” in South Korea. When he gets the news through Anita Mui, he can only ask Army sister to come forward and donate money on his behalf.

Sister Army used the Luo Junyan Education Charity Foundation to privately raise donations and connect with the Hope Project. A total of 50 million Hong Kong dollars was donated to support the education of children in the disaster area after the disaster.

Luo Junyan’s charitable fund for education is also very limited. The Tianyuan Juncai Charitable Trust Investment Fund, which has invested in a large number of entertainment media and network technology companies in the Mainland in the past two years.

Although the amount invested by each household is not high, and the amount of shares held is not large, it cannot support a large base. And every family has not yet reached the payback period, let alone listed, few profitable companies.

This charitable trust investment fund has an excellent reputation in the Mainland, providing much-needed start-up funds for many start-ups, but the requirements for shares are very low. When these startups introduce new investors, trust investment funds only require that they always retain 2-3% of the equity. No one dislikes such selfless angel investors.

This time, Brother Cheng took out the 10 collections left in Xiangjiang for auction. All the 26 million Hong Kong dollars from the auction was donated to the disaster-stricken areas in the Mainland through the Luo Junyan Charity Foundation. Half of it was donated by Brother Cheng.

At the same time, Brother Cheng called Luo Junyan so that he could not stay out of the situation this time, and quickly finished the production of “Skyscrapers”, and then released it to the mainland as soon as possible.

Luo Junyan understood the meaning of Brother Cheng with a little bit of dialling, and decided to donate all the box office of “Skyscraper” in the mainland. Water and fire are ruthless, and people are affectionate, and the theme of “Skyscrapers” is also appropriate. Through this time, Luo Junyan is even a popular star in the mainland that no one knows.

Moreover, this news event can drive the box office of other regional markets. Doing good deeds, increasing popularity, and increasing box office can be described as killing three birds with one stone. The only thing is to discard the buyout cost of the mainland market, but it only loses a few million, not to mention that his films cannot be sold in the mainland during normal times.

Luo Junyan urgently informed Hu Xin to immediately start the release of “Skyscrapers”, which will be released simultaneously in Hong Kong and the mainland, and she needs to contact China Film Corporation as soon as possible. She didn’t even think about the issue fee for the mainland this time, just donate it together. Hu Xin’s hometown is still in the disaster area.

The post-production of “Skyscraper” began to accelerate, and Luo Junyan entered the spinning mode again. Gemini Digital Special Effects Company separately formed a production team of hundreds of people for “Skyscraper” to work overtime. Not only is the progress required but also the quality is guaranteed. Will and Allen all have to go to the battle in person. The big boss dare not sloppy work, and the Americans are loose.

At present, Gemini Digital Special Effects Company can be said to be an international force. Koreans accounted for the largest proportion, with about 50%, European and American employees accounted for about 25%, employees recruited from Hong Kong and Taiwan accounted for 15%, Japanese employees accounted for 5%, and the rest were recruited from other regions. There are even a few employees in mainland China.

After talking with Hu Xin, the head of the China Film Group didn’t dare to call the shots. The introduction of “Skyscrapers” can be done on special occasions. The key is whether the review is a big question. At the same time, this is tantamount to a film to raise funds for disaster relief. If the film passes the review and there is no problem, the row of films becomes a political task.

After the request for instructions, the final decision will be made by the senior management. As long as the film can pass the review, the mainland will do its best to promote and distribute it.

In this flood disaster fundraising, the people of Hong Kong donated more than 6 billion yuan in charity, ranking first in the world, and the mainland must also respond in good faith. Moreover, Luo Junyan did not get a point at the box office, and his reputation in the past was also quite good. It is necessary to establish such a typical figure in the Xiangjiang entertainment industry.

Of course, Luo Junyan’s life experience and experience have been checked out, and the suspicion of collaborating with the enemy and traitor can basically be ruled out.

Although Luo Junyan did not keep a point, the contract that should be signed still has to be signed. Snow Knight Film Distribution Company signed a joint distribution agreement with China Film. For the box office sales of “Skyscrapers” in mainland China, the production companies Snowman Century Entertainment and Snow Knight Distribution can get a combined 35% box office share, which means that they will get 35% of the box office share. The inland box office donated to the disaster area free of charge.

As for who to donate to? In what form? These matters were entrusted to China Film Co., Ltd. to coordinate and resolve them.

On September 17, “Skyscraper” was finally completed ahead of schedule under the rhythm of rushing work day and night. Brother Cheng composed an episode of “Blooming Life”. Luo Junyan sang the theme song for the first time in many years. Of course, Brother Cheng made some changes to the lyrics of this song “Blooming Life” to make this song More suitable for inspiring the public.

In addition, the ending song was originally written for Teresa Teng, “Walking the Road of Life”, but this time it cost money to buy the right to use it. The song is re-interpreted by Luo Meizi, which is a kind of nostalgia that Luo Junyan gave to Lijun sister.

The samples of “Skyscrapers” were immediately sent to the mainland for review, and Luo Junyan prayed that she could cut a little less.

At the same time, the theme of the propaganda has been determined, “Water and fire are ruthless, people are affectionate, are not afraid of disasters, and inspire to move forward.” One is the Hong Kong fire in 1996, and the other is the floods in the Mainland in 1998. In addition to the Asian financial disaster, this propaganda slogan is applicable everywhere.

The efficiency of the mainland audit is quite high, and there are not many parts of “Skyscrapers” that are required to be deleted. Mainly some content that reflects the difference between senior officials of the fire department and ordinary people and rich executives, even though it was a British actor who played the senior official of the fire department at that time.

This requirement has little effect on the integrity of the film. Luo Junyan cut out the mainland version according to the requirements, and the biggest worry finally passed safely.

“Skyscraper” is scheduled to be released simultaneously in Xiangjiang and the Mainland on October 15. In late September, Yingqu.com replaced it with special clips edited by Luo Junyan in the most prominent position on the homepage.

On October 1, large-scale publicity began in traditional media. The rhythm of the propaganda has changed from Luo Junyan’s comeback when he was in danger, to a billion-dollar CG production, and gradually transitioned to the final inspirational theme of disaster relief.

In South Korea, Throne Studios joined the simultaneous premiere of “Skyscrapers”.

The Gemini Digital Special Effects Company of Korea is one of the main producers of the film, and it is barely reasonable to say that it is a local production in Korea. After all, Gemini Digital pays taxes to the South Korean government, and half of them are South Korean employees. This is something that gives the South Korean cultural department a face.

At present, Japan’s Sony is the only one that can compare with American film special effects companies in Asia. If “Skyscraper” is successful this time, South Korea will also be among the advanced countries in computer special effects production.

Even the theater chains in South Korea and Japan are looking at the word-of-mouth and box office situation after the premiere of “Skyscraper”. Here, there are domestic actors playing the main role, and the male protagonist is Luo Junyan, who has just returned, which is very suitable for Christmas screenings.

The propaganda of “Skyscrapers” in the mainland is all official instructions. The leaders think that the propaganda slogan of “the fire and water are merciless, not afraid of disasters, and forge ahead” is a good propaganda slogan, and the spirit in the film should be amplified.

So there is no need for the production company to spend money. In just one week, various newspapers have been spreading the word for this disaster relief fundraising Asia’s first large-scale production of special effects with a special effect of 100 million yuan.

On the portal website, the army sister came forward to negotiate, which company the charitable trust fund has shares in, and the materials are provided by Yingqu.com. In fact, the Internet currently has little influence in the mainland. NetEase only came out in 1997. Sohu just launched this year and Sina is still in an internal test. But Cheng believes that anyway, it doesn’t cost money, and all the power that can be borrowed must be borrowed.

“Skyscraper” can be said to be the first hit before the show, a very powerful special effects editing, a dedication to the box office, a large production cost of hundreds of millions of Hong Kong dollars, Luo Junyan’s first CG work to come back.

In addition to the incident background of the Hong Kong fire in 86 and the floods in the mainland this year, “Skyscrapers” has become one of the hot spots of recent attention within and outside the circle. With the jewels of “Wind and Cloud Dominating the World”, everyone is looking forward to the box office results of the CG production of “Skyscraper”.

If “Skyscraper” is also successful, it is estimated that next year’s Hong Kong five-mao special effects movies will get together to follow suit.

This is the current status of the Hong Kong film market. On the surface, a large number of productions are released every year, but in fact they are all films that follow the trend. Most investment and production companies want to make quick money when the market hasn’t completely declined. The best way is to get fan works or something, and use fresh themes to make a stir.

It will be different if you follow the trend of CG special effects. Investors and producers will only suffer even worse. The most important factor is the cost. Even with the colorful 50 cents special effects, the production cost of the film will at least double.

A production company that really regards special effects as a life-saving straw will eventually find that special effects are the last straw to crush the camel.