As the end of the year approaches, many industry associations in Hong Kong have recently begun to hold cocktail parties, mostly in major hotels, and some will also gather at leading companies in the industry.

The Hong Kong Press Association is not considered rich among many industries. The combined market value of its fourteen member units may not be as much as that of a large real estate company.

But in terms of influence and attention, the Hong Kong Press Association is one of the best in Hong Kong, so the Press Association's receptions are also very prestigious.

The cocktail party was held at the Regent Hotel. As one of the landmark buildings in Victoria Harbor, the Regent Hotel has represented the highest standard of Xiangjiang hotels since its birth.

In the 1980s, it was once synonymous with high-end hotels in Hong Kong.

Lin Chaoyang and his wife entered the venue and attracted a lot of attention.

The Press Association now has fourteen members, including Ming Pao, South China Morning Post, Ta Kung Pao, Sing Tao Daily, Wen Wei Po, and Heung Kong Commercial Daily -

Each of them has huge influence in Hong Kong. For many years, the newspaper industry in Hong Kong has been divided into left, center and right.

Among the 14 members, Ta Kung Pao, Wen Wei Po and Xiangjiang Commercial Daily are staunch leftists. In the past few years, leftist newspapers have been in the minority in Hong Kong.

Nowadays, "Ming Pao" is controlled by Tao Yushu. Although it has maintained a subtle neutral attitude for more than a year, everyone knows that the background color of "Ming Pao" is already red.

The four staunch leftists do not constitute a majority in the Press Association, but the situation today is different from that before 1984.

The return date has been set. Except for staunch die-hards like the Hong Kong Times, most media outlets have remained neutral and have become very aware of current affairs, or have changed from being pro-right to being pro-Hong Kong.

In the past year, the stock price of Ming Pao Enterprises has skyrocketed since its listing, and it has now become the number one stock in the media industry in Hong Kong.

Tao Yushu, who is in charge of Ming Pao Enterprises, is unparalleled in the Hong Kong newspaper industry.

Regarding her rise in the Hong Kong newspaper industry, newspapers with the same stance, such as Ta Kung Pao, are happy to see her success.

When they met today, Yang Qi, the president of Ta Kung Pao, enthusiastically shook hands with Lin Chaoyang and his wife, laughing heartily.

Yang Qi was previously the head of the publicity department of the Xiangjiang branch of the New H Society, and his status was unusual.

After him, several other left-wing media people quickly gathered around Tao Yushu, forming a small group with a strong lineup.

The other newspaper directors or bosses who were present today had subtle looks in their eyes when they saw such a scene, but they also greeted Lin Chaoyang and his wife enthusiastically.

Although they were born in the Mainland, in just five years, the couple had already taken control of two companies listed on the Hong Kong stock market.

You must know that there are currently only 299 companies listed on the Hong Kong stock market, with a total market value of 650.4 billion yuan.

The combined market value of Yulang Institution and Mingpao Enterprises controlled by the couple is close to HK$10 billion.

Regardless of the fact that there are many families in Xiangjiang Shopping Mall today who own companies whose market value is much greater than that of Lin Chaoyang and his wife, but their shareholdings are different, and many families do not hold a high shareholding in the company.

On the other hand, Lin Chaoyang and his wife have absolute dominance over their companies.

At the end of last year, Ming Pao calculated the market value of listed companies controlled by the top ten family consortiums in Hong Kong.

Among them, the Li Ka-shing family is far ahead with a wealth of HK$71.44 billion, accounting for 11.9% of the Hong Kong stock market.

Later, it included Keswick, Shi Huaiya, Pao Yukong, Kadoorie, Lee Shau Kee and many other established families.

The last of the top ten families is the Chen Zengxi family, which controls a company with a market value of HK$11.27 billion, accounting for 1.9% of the Hong Kong stock market.

If measured by this data, the apparent wealth controlled by Lin Chaoyang and his wife is already very close to the top ten financial groups.

And everyone knows that the couple also owns Lin's Pictures, which is said to be about to go public. By then, their net worth may have skyrocketed again, and is expected to reach tens of billions.

Of course, these are just paper wealth.

In terms of real assets, there are still many families in Xiangjiang shopping mall who are far more valuable than the couple.

But they had indeed reached the top of Xiangjiang Shopping Mall without making a sound.

It only took less than five years!

Tao Yushu was chatting with Zhang Runkun, the president of the South China Morning Post. Less than 10 meters away from her, Hu Xian was watching her with hidden eyes.

Looking at Tao Yushu in his prime, Hu Xian felt very complicated in his heart.

She was very impressed by the fact that she was able to create a huge family fortune, family, and career in such a short period of time. She was also a woman.

But at the same time, Hu Xian still felt unwilling and jealous in his heart.

The source of this reluctance and jealousy probably began with the acquisition war of Yulang Institution three years ago. She originally thought that there would be a fight between clams and the fishermen would benefit, but she did not expect that stealing the chicken would end up losing the rice.

Although Hu Xian knew very well that in the final analysis, this matter was still because she was not decisive enough at the time. If she could have ended the takeover war in time when the war first started, it would not have been the case.

But people always lack the ability to reflect on themselves. Instead of blaming themselves, it is better to blame others.

Hu Xian is different from Tao Yushu, who started from scratch. She inherited the family business and was hailed as the "Queen of the Newspaper Industry" by the people of Hong Kong as early as the 1970s. She is very proud, so this failure makes her deeply ashamed.

She originally thought that there was still a long way to go in life, and she might be able to find her place again in the future.

Unexpectedly, before she could regain her position, Tao Yushu had already entered her old business and surpassed her achievements in twenty years of business at lightning speed.

Last year, news first broke that Tao Yushu had acquired Ming Pao, followed by the merger of Ming Pao Group and Yulang Institutional Media Business, and then the listing of the new Ming Pao Enterprise.

After a dazzling operation, the title of the number one stock in the media industry in Xiangjiang fell on Ming Pao Enterprises, and Tao Yushu became the new generation of "Queen of the Newspaper Industry" in Xiangjiang.

Tao Yushu completed a business that she had been running for twenty years in just one year. How could Hu Xian not be jealous of this?

But what can she do if she is jealous? Tao Yushu's general trend has become a reality. The most important thing for people in the shopping mall is to know the current affairs, not only to know people and themselves, but the most important thing is to know the general trend.

so-.

"It's been a long time since I last saw Mrs. Lin, she's even more charming than before!" Seeing that there was no one around Tao Yushu, Hu Xian stepped forward and said,

With a warm smile on his face.

"Hello, Ms. Hu, I haven't seen you for a long time————·

The two socialized for a while while holding their wine glasses. Wang Quanming of the Hong Kong Economic Journal rang the wine glass, summoned everyone to one place, and invited Tao Yushu, the chairman of the Press Association who will take office next month, to give a speech.

Tao Yushu walked up and started talking, his aura was in full swing.

"".--It is the free press environment in Hong Kong that has created career opportunities for us, and has also made achievements for me and you. I feel deeply honored to have the opportunity to serve my colleagues in the newspaper industry, and at the same time, I can't help but feel trembling in my heart.

I know that this position represents not only an honor, but also a heavy responsibility.

In today's era of increasingly developed information and rapid changes in the media landscape, how to maintain the authority and influence of our newspaper industry, how to make our reports more relevant to the public and serve the society, these are important issues that we need to solve urgently.

But I always firmly believe that as long as our colleagues in the newspaper industry work together, there is no difficulty that cannot be overcome.—"

When Tao Yushu was speaking, many guests in the audience looked at her. Everyone had different thoughts, but one common thought was that this young guild president did have a leadership charisma that could not help but be heart-wrenching.

Some people think that this is probably the unique charm of self-made entrepreneurs.

After the speech ended, bursts of applause broke out at the reception.

When Tao Yushu walked to the corner, Hu Jinbo, the president of Tiantian Daily, came to her side.

"Mrs. Lin, I saw that Miss Hu Xian had been chatting with you for a while."

Tao Yushu looked at him, knowing that he must have information about Hu Xian to reveal.

Hu Jinbo continued knowingly: "I don't know if you have heard that Miss Hu Xian seems to have encountered some difficulties in business recently."

"I heard that you lost money investing in real estate, right?"

"That's right." Hu Jinbo nodded.

Hu Xian's father passed away suddenly when she was 22 years old. She inherited the family business in a hurry and showed great management skills, running several newspapers under her in a successful manner.

In 1972, Sing Tao Newspaper was listed in Hong Kong and once monopolized the advertising revenue of Hong Kong’s real estate industry. At its peak,

She controls as many as seven newspapers. "Tiantian Daily" was once Hu Xian's property. She also acquired the Cultural Communication Company.

At their peak, the market value of the two listed companies under his name was as high as HK$8.4 billion, and Hu Xian's own wealth was as high as HK$5 billion.

If she can continue to operate in a down-to-earth manner, the title of "Queen of Newspaper Industry" can still be firmly held on her head.

It's a pity that people are not popular enough. From the early 1980s, she began to get involved in real estate.

Early harvest Hu Xian's real estate business went very smoothly. One of the most famous battles was when she teamed up with Yisheng Pacific to defeat Wharf Land in 1985 and won the Sun Plaza plot on Canton Road in Tsim Sha Tsui for HK$636 million.

Just six months later, Hu Xian resold the land for HK$830 million, making a profit of nearly HK$200 million.

Hu Xian learned a lesson from such huge profits. At that time, she controlled seven newspapers and managed them well, earning only more than 100 million Hong Kong dollars a year.

Compared with real estate profits, the newspaper business is really a small subject.

After that, she aggressively entered the real estate market. In addition to Hong Kong, she also made investments in Australia, Singapore, the United States, Canada and other places, and participated in nearly 20 property investments, most of which were debt investments.

As a result, starting from the end of 1988, the overseas real estate market plummeted, and the Sing Tao Group and Cultural Communications she controlled were also saddled with heavy debts.

"Miss Hu Xian is also under a lot of pressure now. If Mrs. Lin is determined to expand her newspaper business, she might as well have more contact with Miss Hu Xian."

"Thank you, President Hu, for the reminder."

Tao Yushu politely thanked Hu Jinbo for his suggestion, but did not show any joy or ask him for more details.

Her performance made Hu Jinbo realize that his flattery might have been slapped on the horse's hoof. He couldn't help but feel disappointed, but he didn't say anything more and walked aside wisely.

After the cocktail party was over, Tao Yushu talked to Lin Chaoyang about Hu Jinbo's suggestion on the way home.

Lin Chaoyang asked: "What do you think?"

Tao Yushu rationally analyzed: "After so many years of competition and selection in the newspaper industry in Xiangjiang, the newspaper industry has formed the most basic structure, and the readership is also saturated.

Under such circumstances, the business model of simply being greedy for big money no longer works.

Ming Pao Enterprises and Sing Tao Newspapers have a high degree of overlap in their business directions. Whether it is buying the properties they are selling,
To be continued...