The Wealth Empire Crossing the Hong Kong

Chapter 117 Arranging a Counterattack
In the afternoon of the same day, Li Jianhui held a high-level meeting of the Xinjian Department in the Wheelock Building, attended by the senior executives of the four major groups and the general managers of the major subsidiaries.

The high-level people who walked into the conference room all had extremely serious faces. They knew what happened in the morning. This was a serious provocation to the Xinjian Department.

The four major conglomerates of the Xinjian Group, just Wheelock + Hutchison Whampoa, are enough to compete with the Jardine Group. Although HSBC is strong, if Huihong Group goes public, relying on the horrible performance of monthly profits of nearly [-] million Hong Kong dollars, it will definitely make Xinjian It has become the largest consortium in Xiangjiang.

They didn't prepare for other people's troubles, and they didn't expect others to bully them. They really thought that their Xinjian Department was a mess.

The senior executives of the Xinjian Department were holding a sigh of relief, especially the senior executives of the Xinjian Group. You must know that this time the other party is using them as an excuse.

After Li Jianhui took his seat, Chen Yulian once again introduced what happened this morning to the senior officials present.

As soon as Chen Yulian finished speaking, the venue became noisy, and everyone was filled with righteous indignation, expressing that this time it must not be done so abruptly this time, and the people behind it must pay the price.

Li Jianhui knocked on the table, and after everyone quieted down, he said: "It's not rude to come here, since the other party makes us uncomfortable, we also want to keep them from sleeping.

We are an enterprise, so we should repay each other in a corporate way. Currently, the Jardine Group mainly includes real estate Jardine Land, Heung Kong Milk Company, retail Wellcome, hotel Mandarin Oriental, Jardine Shipping, Jardine Securities, etc.

We start with retail. Lane Crawford, a subsidiary of Wheelock, and Watsons, a subsidiary of Hutchison Whampoa, have joined forces to give you four days. Starting next Monday, we will fully squeeze the Wellcome Supermarket market in Xiangjiang. Weili will coordinate and be responsible for this Secondary retail market competition. "

For Li Jianhui to entrust him with such an important matter, Wei Li felt great pressure even though he was moved by Li Jianhui's trust.

The result of this operation will have a great impact on whether he can gain a firm foothold in the Xinjian Department. If he wants to become the helm of one of the four major groups in the Xinjian Department, he must come up with something to convince these high-level officials. Oral results, this is obviously a test for him.

Fortunately, Li Jianhui gave him a lot of rights. During the period against Wellcome, both Lane Crawford and Watsons must strictly follow his arrangements.

Moreover, Li Jianhui also allowed the two major retail companies to be unprofitable within a year, so he can confidently and boldly fight a price war with Wellcome.

This time it is not only aimed at Jardine, Li Jianhui, another giant behind him, will not make it easier for the other party.

Swire Pacific, with its main real estate, aviation, beverage, marine services, and trade industries, Li Jianhui went directly to Cathay Pacific.

Li Jianhui will personally come forward and contact Li Guobao, Lei Juekun, Feng Jingyao, Feng Jingxi and others to jointly apply for the establishment of a new airline company and break Cathay Pacific's monopoly in Xiangjiang.

At the same time, he ordered Li Zaiwei to start attacking Xiangjiang Aircraft Engineering Company in the stock market, and if possible, acquire this aircraft maintenance and modification company with a low market value but first-class technology.

As for HSBC, Li Jianhui can only write it down first. At present, in terms of financial strength, Xinjian Group is not enough to wrestle with HSBC, even if the alliance adds up.

As for grabbing the other party's business, it's not easy at the moment. HSBC has supported many people over the years, especially after Shen Bi took office, and they will not easily leave HSBC alone.

In order to counterattack this time, Li Jianhui deliberately used his Hutchison Whampoa shares as collateral to borrow [-] million Hong Kong dollars from the Bank of East Asia to acquire the Xiangjiang Aircraft Engineering Company.

At the same time, it also allowed Wheelock Group to speed up the spin-off and listing of Wheelock Land, and also speed up the cooperation between Huangpu Rudder Company and Wheelock Shipping Company to prepare for future mergers.

These high-level executives also understood Li Jianhui's intentions. Wheelock Group and Hutchison Whampoa Group may reorganize several major groups in the future, one is shipping, the other is retail, and the third is real estate.

In the future, the major groups of Xinjian Group will not be too messy, and they all have a focus of development, unlike the current Wheelock and Hutchison Whampoa, which span multiple industries, with unclear development focus and extremely inconvenient senior management.

Li Jianhui has always acted swiftly and resolutely. Now that he has made a decision, he will not delay. Chen Yulian was a guest at the Jiashi live broadcast room that night, and on behalf of Xinjian Group condemned the incident that happened in Wheelock Square in the morning.

He also publicly accused the incident of being manipulated by the British consortium behind the scenes, with the aim of suppressing the gradually rising Li Jianhui, so as to ensure that several foreign firms can continue to dominate the Hong Kong business community as they have for the past century.

At the same time, he said that Xinjian Group has always abided by laws and regulations, is not afraid of shadows, and is not afraid of any conspiracy.

In addition, some industries in Hong Kong are monopolized by British consortiums, especially aviation, electric power and other industries. It is hoped that the Hong Kong government can relax restrictions so that Hong Kong Chinese companies can compete fairly with British consortiums.

Chen Yulian also said that the Xinjian Department was born in Xiangjiang, rose in Xiangjiang, and will be in Xiangjiang in the future.

Xiangjiang is Li Jianhui's home, and Xinjian's industry is Xiangjiang's own enterprise. Regardless of whether Huihong Group or Xinjian Group, or even Wheelock and Hutchison Whampoa, these groups are registered and headquartered in Xiangjiang.

Chen Yulian's remarks on Jiashi caused a great shock in Xiangjiang. Many newspapers revised their editions late at night, and some of them questioned the incident outside Defeng Building on the front page headlines.

Some question the fairness of the Xiangjiang government, hoping to let go of those industries monopolized by British consortiums, so that Chinese capital can have a platform for fair competition.

At the same time, the headline on the front page of Jiayi Daily was the news that Li Jianhui, Li Baoguo and others jointly applied for an airline company, which echoed with many newspapers.

All kinds of public opinions were flooding all of a sudden, and listening to the report from the intelligence department, MacLehose felt overwhelmed.

He is very clear that once this kind of public opinion continues to spread, it may cause confrontation at that time, and it may not be so easy to calm down again.

Especially the north is more and more concerned about this side, and now the two sides are already communicating in private on the Xiangjiang issue.

According to the plan, he will go north in a few months. If there is a big disturbance, how can he have the confidence to negotiate with the high-level officials in the north.

And if things get too big, I'm afraid he will be dismissed from London immediately, and there will be no future to speak of in the future.

At this time, he could only contact Li Jianhui, Shen Bi, Niu Bijian and others, let everyone work together, set some rules, fights belong to fights, but it must be controlled within a certain range, and social confrontation must not be created.

Xiangjiang is a fair society, and the government is absolutely not biased towards any side, let alone restricting Chinese capital.

Regardless of whether it is in private or not, at least on the surface, the government has such guidelines, and this is also a card he uses to deal with the high-level officials in the north.

(End of this chapter)