Rebirth of the Strongest Tycoon

Chapter 228 Another important acquisition target

"The acquisition of another Sin Chew Daily is also coming to an end. I plan to go to Singapore tomorrow, just in time to integrate the Nanyang Siang Pau, and by the way, also negotiate the acquisition of Sin Chew Daily."

"The circulation of Sin Chew Daily is 100,000 copies, which is 10,000 copies lower than that of Nanyang Siang Pau. Now the price has been talked about at 11.5 million Hong Kong dollars. I estimate that 11 million can be bought."

"If there is no accident in the middle, the acquisition will be successful in at most five days!"

Yan Wenhan reported.

Xia Yu smiled and praised: "Well done!"

“As long as we acquire Sin Chew Daily, then we will be able to account for half of the four major Chinese-language newspapers in Malaysia, plus the market share of our Fengyun Daily and Jiuding Daily, the share of Chinese-language newspapers will be It can exceed 50%, forming a preliminary monopoly!"

Hearing the words of the boss Xia Yu, Yan Wenhan also laughed.

And it's not just as simple as what Xia Yu said.

Sin Chew Daily was founded in 1929 and positioned to serve the Chinese community in Malaysia. From the British colonial era, the anti-Japanese period, the independence movement, and even the journey after the founding of the People's Republic of China, "Sin Chew Daily" has played the role of witnesses and participants.

It can be said that Sin Chew Daily has a very strong heritage and a solid foundation.

"Sin Chew Daily" and "Nanyang Siang Pau" are one of the four major Chinese-language newspapers in Malaysia. Although the circulation is only 100,000 copies, considering that the Chinese population in Malaysia is similar to that in Hong Kong and Macau, and then consider Malaysia's land area is too large. Compared with Hong Kong, the population is scattered, so the daily sales volume of 100,000 copies is already very strong.

In addition to being one of the four major Chinese-language newspapers in Malaysia, Sin Chew Daily is also one of the two largest Chinese-language newspapers in Singapore.

The other one is Nanyang Siang Pau, which has been acquired by Jiuding Newspaper Company!

Therefore, as long as "Sin Chew Daily" is acquired again, Jiuding Newspaper Company will not only be able to account for more than 50% of the share of Malaysian Chinese-language newspapers, but also monopolize the Chinese-language newspaper industry in Singapore, which is very beneficial!

In fact, there are historical reasons why the two Chinese-language newspapers in Singapore are also two of the four largest Chinese-language newspapers in Malaysia.

Because Singapore, once belonged to Malaysia!

Republic of Singapore,

Singapore for short, formerly known as Xinjiapo, Sin Chew or Sing Tao, also known as the Lion City, is an island country in Southeast Asia. Its political system implements a parliamentary republic.

It was colonized by Great Britain in the early 19th century.

On February 15, 1942, Singapore was occupied by Japan.

Singapore joined Malaysia in 1963.

But by 1965, Singapore had won the support of the United Kingdom and the United States, and officially became independent again.

After all, Singapore is related to the lifeblood of Asia and Europe, and even the major lifeblood of the world - the Strait of Malacca. Of course, Europe and the United States must control it.

In addition to political and historical reasons, geographically, Singapore is also adjacent to and surrounded by Malaysia.

In terms of population, the Chinese account for more than 74%, the remaining Malays account for 13%, and 9% are Indians.

It is for these reasons that the relationship between Singapore and Malaysia is complicated.

As we all know, in the whole of Southeast Asia, the Chinese stand at the top of the capital, and Singapore will be the financial and economic center of the entire Southeast Asia, so being able to monopolize the Chinese newspapers in Singapore is very beneficial to Xia Yu!

Controlling the power of public opinion, at least when communicating with major Chinese families in Southeast Asia, they have a certain right to speak, and their status can be improved a lot.

So for "Sin Chew Daily", Xia Yu is determined to win!

"Don't worry, boss, I will definitely check carefully to make the acquisition a success!"

Yan Wenhan firmly said that the acquisition of "Sin Chew Daily" also greatly improved the influence of Jiuding Newspaper Company, and he certainly did not want to fail.

"What's the progress of the acquisition of the South China Morning Post?"

After learning about the acquisition of "Sin Chew Daily", Xia Yu was in a happy mood, but he did not relax, because the most important thing in the plan was to acquire "South China Morning Post"!

At this time in Hong Kong, the top three English-language newspapers were the South China Morning Post, The Standard, and the Asian Wall Street Journal.

Among them, "South China Morning Post" has the highest sales volume, with daily sales of 110,000 copies. Founded in 1903, it mainly provides authoritative business and financial analysis. It is the most influential English-language newspaper in Southeast Asia. Its readers are high-level political and business people. Lord, is a high-end newspaper.

The "South China Morning Post" was listed in Hong Kong in November 1971. According to historical development, it will be privatized and acquired by the media tycoon Murdoch's News Corporation in 1987.

Then in 1993, it was controlled by the richest man in Malaysia, Guo Henian, but in December 2015, it was acquired by Alibaba Group, which is determined to build a large media system.

The second "English Standard", also known as "Hong Kong Tiger", is one of the newspapers under the Sing Tao News Group. Founded in March 1949 and funded by Hu Wenhu, "The Tiger" took a tiger character from Hu Wenhu, and now sells about 100,000 copies a day.

It can also be seen from this point that before the emergence of Jiuding Newspaper Company, Sing Tao News Group was indeed the media company with the first comprehensive strength in the print media industry.

Ranked third, the Asian Wall Street Journal, which now sells 90,000 copies a day, has an extraordinary origin!

"Asia Wall Street Journal" was established in 1976, and it has only been two years since then, but the daily sales volume has reached the third place of English newspapers, and the momentum of progress is still fierce.

In fact, looking at its name, you can guess some details.

The Asian Wall Street Journal is a financial newspaper targeted at Asian readers and is owned by Dow Jones \u0026 Company.

The Dow Jones Company, founded in 1882, owns The Wall Street Journal, which provides in-depth analysis and reports on the business and financial fields, the Dow Jones Newswires that provides real-time financial reports and market reviews, and the well-known investment publication Barron's Magazine.

Among them, The Wall Street Journal is one of the oldest newspapers in the United States, with the second largest circulation in the country and a daily sales volume of more than 2 million copies. It is a must-read for business people in the United States and even around the world.

A few years ago, Dow Jones was keenly aware of the impending economic rise of Asia, so it set up a separate newspaper to expand its influence.

Therefore, relying on the Dow Jones Company with strong financial resources and strong professional strength, the development prospects of "Asia Wall Street Journal" are very good. Now the first "South China Morning Post" and the second "English Standard" are extremely vigilant.

Having said that, the influence of Xia Yu's Jiuding Newspaper Company is already amazing, but in the paper media industry, there is still a lack of an English newspaper that can be used.

Now Xia Yu is rich, so he chooses a faster and more convenient acquisition.

Of the three major newspapers, the South China Morning Post is the most likely to be acquired.

"The English Standard" is owned by Sing Tao News Group. Now Sing Tao News Group wants to catch up with Jiuding Newspaper Company. The two can be regarded as competitors. Enemy capital.

Therefore, Xia Yu didn't even think about the acquisition of the "English Standard" until Hu Xian's competitive heart was destroyed. It was impossible.

And the "Asian Wall Street Journal" is even more unlikely to be acquired.

The Dow Jones Company is much stronger than Jiuding Newspaper Company. How could it sell the "Asian Wall Street Journal" with the strategic mission of expanding its territory for a little money?

It is precisely because of these considerations that Xia Yu set his target on the South China Morning Post from the beginning.

Moreover, buying the top-selling South China Morning Post is also more in line with the status of Jiuding Newspaper Company.

In addition, the South China Morning Post overwhelmed Sing Tao News Group’s The Standard, and Jiuding Newspaper Company’s Jiuding Daily and Fengyun Daily overwhelmed Sing Tao News Group’s Sing Tao Daily. Come on, in the English-language newspaper segment, Jiuding Newspaper Company can't weaken its momentum.

So no matter what kind of consideration, "South China Morning Post" is the most suitable acquisition target!

However, looking at Yan Wenhan's expression, it seems that the acquisition of "South China Morning Post" is not going well.

"Whatever the situation is, you can say it directly, and if there is a problem, it will be solved."

Seeing Yan Wenhan's embarrassment, Xia Yu smiled and relieved Yan Wenhan's pressure.

Yan Wenhan nodded and said in a succinct manner...

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