Chapter 278: Ranked on Hong Kong’s Rich List
**"Economist" Hong Kong Rich List!**
1. **The Keswick Family**: Their assets are Jardine Matheson Group, family wealth of 6.6 billion HKD.
2. **The Shi Yahui Family**: Their assets are Swire Group, family wealth of 5.8 billion HKD.
...
6. **Bao Yugang**: Total assets of 2.55 billion HKD. He owns Global Shipping Group Limited, Global International Finance Limited, Lufeng International (Investment) Company...
7. **The Qi De Family**: Their assets are Hutchison Whampoa, family wealth of 2.48 billion HKD...
...
25. **Li Zhaoji**: Total assets of 1.69 billion HKD. He holds 75% of shares in Henderson Land Development Company Limited and 90% in Henderson Land Development Limited (infrastructure)...
26. **Li Chaoren**: Total assets of 1.65 billion HKD. He owns CK Hutchison Holdings Limited...
...
100. **Xia Yu**: Total assets of 170 million HKD. He owns 10% of Jiu Ding Media Group, 20% of Jiu Ding Securities Limited, 10% of Jiu Ding Publishing Company, and 10% of Jiu Ding Animation.
101. **Deng Zhi'ang Family**: Total assets of 160 million HKD...
...
500. **Liu Feng**: Total assets of 10 million HKD...
The top 100 on the rich list have seen little change. Once on this list, it's very hard to drop off, unless the company itself encounters real trouble, but the probability is very low.
Since the overall economic trend in Hong Kong is upward, the stock market serves as a barometer of the economy. With the stock market rising, the assets of major tycoons and families naturally increase as well.
The biggest change is with Li Chaoren, whose total assets have risen by over 400 million HKD, reaching 26th place, just 40 million HKD short of Li Zhaoji!
"I'm actually ranked 100th?"
Xia Yu couldn't help but stroke his chin, a hint of amusement on his face, and muttered to himself.
Given Xia Yu's real wealth, being ranked 100th is definitely too low. With only 170 million HKD in assets, how could this be possible?
But this is exactly what Xia Yu wanted!
As a newly emerged tycoon, a 170 million HKD net worth is already quite impressive. If he were to surpass many established tycoons or wealthy families, it would attract too much attention.
Besides generating more discussion and speculation, which doesn't benefit him, it would actually increase his risks.
Smart people who understand Xia Yu's strength or are at his level will naturally have a better attitude towards him and will not rely solely on the superficial rich list.
Those who should not know, or who have no right to know, don't need to be informed. Let them stick to the information given by the rich list.
Unlike the enterprise list, which can strengthen the position of a company, the rich list is only about making people aware of your wealth.
What's the point of being known? Xia Yu doesn't intend to show his face, like Chen Ou of Jumei Youpin or Jack Ma, turning himself into a marketing center to drive the company's development.
He only wants to avoid drawing too much attention while still in a weaker position, pretending to be a pig to eat a tiger, and keeping more options open for himself.
So, a net worth of 170 million HKD is already enough. Yan Wenhan has executed his orders well.
A lower profile provides more room for growth. If Xia Yu's real wealth, plus the more than 1 billion HKD earned from gambling, were known, reaching the top 20 would be no problem, but that would be too conspicuous—overdoing it!
For instance, Bao Yugang, who moved from 7th to 6th place, has a total asset of 2.5 billion HKD. How could it be this low? He definitely has hidden more assets, but there's no need to expose them.
"Good job, I'm very satisfied! Continue working with this scale from now on!"
After taking another look, Xia Yu put down the "Economist" magazine and showed a satisfied smile to Yan Wenhan.
Yan Wenhan, hearing this, smiled and humbly said, "Got it!"
Putting aside the rankings, Xia Yu continued to review the recent status of his companies.
In addition to "Jiu Ding Daily", "Fengyun Daily", and "Economic Weekly", other newspapers under the company are also developing very well.
After integrating and optimizing the distribution channels, Jiu Ding Media Group's distribution strength has surged. With the acquisition of four major newspapers, including "Nanyang Business Daily", "Sin Chew Daily", "Everyday Daily", and "South China Morning Post", the sales naturally skyrocketed.
Moreover, with Jiu Ding News Agency as the central engine, the quality of these four newspapers has been enhanced.
Finally, the two giant platforms, "Jiu Ding Daily" and "Fengyun Daily", provided strong promotional support.
These advantages resulted in a tremendous increase in sales for the four newspapers.
Originally, "Nanyang Business Daily" had a daily circulation of 110,000 copies; now it has reached 180,000 copies!
Originally, "Sin Chew Daily" had a daily circulation of 100,000 copies; now it has reached 170,000 copies!
Originally, "South China Morning Post" had a daily circulation of 110,000 copies; now it has reached 200,000 copies!
Originally, "Everyday Daily" had a daily circulation of 20,000 copies; now it has reached 110,000 copies!
"Everyday Daily"'s circulation has increased by 4.5 times, which is due to its smaller initial base.
Now, with a daily circulation of 110,000 copies, it is considered a major newspaper in Hong Kong and Macau, definitely in the top ten!
The English newspaper "South China Morning Post", with content most similar to "Jiu Ding Daily", can be considered an extension of "Jiu Ding Daily" in the English-speaking world. The quality of its articles is the highest. After the rebranding, it received a huge welcome.
Many foreigners had heard of "Jiu Ding Daily", but due to cultural and language barriers, they couldn't read it. Now, with "South China Morning Post", which shares the same roots and focuses on finance, there are no cultural limitations. It has become very popular, with sales nearly doubling.
Overall, these four newspapers have succeeded. Xia Yu spent 36.7 million HKD to acquire them, and their value has now reached at least 70 million HKD. Xia Yu has made a significant profit!
The stronger the player, the more resources Xia Yu has. With the strong capabilities of Jiu Ding Media Group, everything becomes easier.
It's like playing a game with a high-level main character helping lower-level characters. The difficulty is naturally small, and the lower-level characters grow faster before hitting a bottleneck!
With the strength of Jiu Ding Media Group, the current sales of these four newspapers are not their peak. The company still has resources to absorb, and soon the sales will continue to rise until fully stabilized.
After the four newspapers, the most important task is Jiu Ding News Agency.
After the fall of Sing Tao News Agency, other unchosen competitors finally realized that there were no more choices.
With Jiu Ding News Agency's support, the quality of other newspapers and media has greatly improved, raising the overall industry level. Those who didn't adapt have become relatively lagging.
Faced with this situation, even if they didn't want to spend the money, some competitors had no choice but to accept it for better survival. They had to spend the money!
Therefore, Jiu Ding News Agency's operations are progressing smoothly, capturing a large market share, and its dominant position is firmly secured!
The next task for Jiu Ding News Agency is to stabilize the acquired market share, continue expanding, increasing influence and market presence, and then advance to Southeast Asia, Taiwan Province, and South Korea, establishing a strong base before making a strong push into the European and American markets to compete head-to-head with established news agencies!
At that time, it will truly test the strength of Jiu Ding News Agency. The previous competition with Sing Tao News Agency can only be considered minor league and not worth mentioning!