I talked briefly with Grandpa about the issue of taking out a loan to buy a building.

　　Buying a building seems to be deeply ingrained in the genes of Hong Kong people, even Su Yehao’s maternal grandfather isn't an exception.

　　The main reason why locals love houses is because it's too difficult to live comfortably. In the early years, the living environment was too poor, with subdivided flats and cage homes everywhere, the most typical example being the already demolished Kowloon Walled City.

　　That’s why villas in wealthy areas have such a high status, and why there's a basis for a real estate bubble. A quick look at the current list of Hong Kong's richest people shows that seven or eight out of the top ten are related to the real estate industry, fattening up a large number of companies, including Sihai International.

　　A large part of Master Tang's wealth is also due to the inherent value of the hospital and pharmacies.

　　Over the years, the appreciation of the real estate he built and bought has even exceeded the company's own profits. There are hundreds of prime locations all over Hong Kong, not to mention the hospitals located in Sheung Wan, Kowloon, Yau Tsim Mong, etc.

　　When his mother came back from visiting the neighbors, Su Yehao told her about his plan to buy a building from Donghuang.

　　After considering it for a while, Madam Tang asked back, "It sounds okay, but you don't have any experience. Can you manage it well?"

　　"I don't have experience, but other people do. If it doesn't work out, I'll borrow some people from my dad's side. With a travel company responsible for attracting customers, and with our own hotel, the profit should be pretty good. Besides, I can also gamble on the appreciation of the property. I had someone look into the land acquisition and cost prices. Land prices have fallen back to what they were a few years ago, and Donghuang Group is barely making any money, which can save me a lot of trouble."

　　Su Yehao looked at his maternal grandfather.

　　Master Tang understood and chimed in, "I don't think there's any problem. The property market has been falling for more than a year, and prices are so cheap. Even if you lose, you won't lose much, not to mention the tourist support for the business. Your family trust fund can't just be left there to eat dividends. Taking it out now to take out a loan and buy a building may lead to faster development."

　　Investing in real estate and hotels is a much more reliable business in Su Yehao's mother's eyes than investing in stocks in the United States.

　　Even with a broad perspective, it doesn't mean you understand everything. It's like being separated from a mountain. There's nothing wrong with his mother being cautious. After all, she's already in her forties and doesn't want to mess around anymore.

　　She patted Su Yehao on the shoulder and said, "Okay then. I'll talk to Jin Yu, the director of Donghuang, myself about such a big deal."

　　Jin Yu is Zhao Yimeng's mother, whom Su Yehao has met several times.

　　It was rare for her to be so easy to talk to, and things went more smoothly than expected. It didn't matter who talked to her, so Su Yehao nodded immediately and said, "It doesn't matter if you talk to her, but it's best to let the Bank of China director I know handle the loan. In the future, I should increase investment in the mainland. It's good to get to know some friends first, so it'll be easier to do things later."

　　Madam Tang casually agreed, got up and went to the kitchen to take a look, and beckoned the grandfather and grandson to come over for dinner...

　　————————————————

　　He used the radish and braised pork soup to eat two big bowls of rice.

　　It wasn't until after four o'clock in the afternoon that Su Yehao was still burping. When he received a call from Nangong Tian from England, he was accompanying his maternal grandfather to visit a neighbor's house.

　　He was just there as a mascot and was extremely bored, so he chatted with the little girl, who had just gotten out of bed, for a long time.

　　Soon, Su Yehao received a call from his assistant, Zhuang Wei, saying that the movie he invested in would be released tomorrow, in more than 300 cinemas in the mainland.

　　Movie ticket prices vary across the country. In developed coastal provinces, adult ticket prices range from twelve to thirty, and students have discounts. In some places, you can buy a ticket for three yuan.

　　Cinemas haven't been opened up yet, and they are all state-owned units. The entire industry is a mess, and Su Yehao doesn't expect to earn much money at all.

　　As for pirated CDs, there's no way to supervise them. Fortunately, Su Yehao just wants to advertise for tAt, and he never thought about being calculating from the beginning, otherwise he would definitely feel heartbroken.

　　The box office of this customized film in Hong Kong has already been released, totaling more than 13 million, less than half of Stephen Chow's films. It has also been released in Japan and South Korea, and the distribution has taken away a sum, and 8 million has already been recovered.

　　It seems a bit difficult to expect to earn back more than 10 million from the mainland to break even. Playing cross-border is indeed not so easy to succeed.

　　However, the purpose of advertising has been achieved.

　　The movie's box office results can only be regarded as mediocre. The publicity effect is a little stronger than traditional advertisements. As long as people who have watched this movie are estimated to be impressed by tAt, as for how many users it can attract, it is relatively difficult to say for the time being, and there is no way to make detailed statistics.

　　All in all, it's just an advertisement.

　　After chatting with assistant Zhuang Wei, Su Yehao had nothing to do and thought about the future of the film industry.

　　This industry is deeply affected by the market size. The whole world is the market for Hollywood movies, and it is a miracle for Hong Kong's box office to exceed 35 million. Therefore, Hong Kong movies have little investment, otherwise it will be difficult to break even.

　　Although there are many people in the mainland, the entire industry is like a pool of stagnant water. Throwing money into it is like doing charity, so don't expect it to develop in the short term.

　　This made him think of the genuine WPS priced at 9.9. Someone scolded him for selling an office document for 9.9, and tried his best to crack it. In the end, he could only pay for it first, which really made him not know what to say.

　　He doesn't want to make movies anymore. Instead of bothering with that, it's better to spend a budget every year and directly implant it.

　　Therefore, director Dou Jiafeng has repeatedly tried Su Yehao's ideas with scripts and creative ideas, but he is always indifferent and doesn't bother to spend money on a waste of time.

　　……

　　Madam Tang contacted Donghuang and had a meal with Zhao Yimeng's parents, and immediately negotiated the details of the acquisition at 1.6 billion Hong Kong dollars.

　　Not only the Donghuang Century Square project, but also the five-star Donghuang Garden Hotel in Central.

　　Donghuang was originally selling these two projects to the public, and the two sides were acquaintances, so it was of course convenient to talk about the transaction. It was more than 100 million Hong Kong dollars lower than the previous offer. Obviously, it was cutting its losses to survive; a short pain is better than a long one.

　　According to Su Yehao's idea, Bank of China was chosen for the loan. Before using the stock loan, 25 million Hong Kong dollars in dividends were transferred from the trust fund account to Su Yehao.

　　The money did not pass through Su Yehao's hands, but was directly transferred to the Dai-Ichi Kangyo Bank to pay off a short-term debt.

　　As soon as the money was paid off, Su Yehao went to the vault of Dai-Ichi Kangyo Bank and took back the famous watches that were used as collateral, including the "King of Pocket Watches" launched by Patek Philippe to celebrate its 150th anniversary, and put it in the vault of the Big Wave Bay villa. Now, he can finally change his watch every day without repeating it for a month.

　　After signing the contract with Donghuang, Zhao Yimeng personally took Su Yehao to the Donghuang Garden Hotel in Central to explain to the management the news that the hotel had been acquired.

　　There are many trivial matters to deal with, so she first took Su Yehao for a walk.

　　At this moment, the two came to the rooftop restaurant on the top floor of the hotel, sat down for a cocktail. In the evening, the sunset glow in the sky was very beautiful.

　　Zhao Yimeng sighed and said, "I was there with my mother on the day this hotel started construction, and you bought it again. I really can't bear to part with it."

　　"I spent a lot of money. If the old doesn't go, the new won't come. Take it easy...don't cry in my hotel, it's unlucky."

　　Hearing Su Yehao's words, Zhao Yimeng almost choked to death...