The Wealth Empire Crossing the Hong Kong
Chapter 137 MacLehose Intervenes Again
Chapter 137 MacLehose Intervenes Again
As time goes by, the price war between Watsons, Lane Crawford and Wellcome Supermarkets is still going on, and the [-]% discount for the whole store has no intention of stopping.
Moreover, except for the adjustment of the original prices of a few products in supermarkets, the original prices of most products have remained the same as before the discount. The three supermarkets are indeed offering discounts, and they have no intention of fooling consumers.
Seeing that March has passed, many small and medium-sized retailers have begun to despair. Except for a few stores that are their own retail owners, a large number of small and medium-sized retail department stores have chosen to close down.
This March is called the darkest moment since the end of World War II by the Hong Kong retail industry. Except for a few small stores, the Hong Kong retail department store market is basically monopolized by Lane Crawford, Watsons and Wellcome Supermarket.
Just when Wei Li was about to ask Li Jianhui how to target Wellcome Supermarket, MacLehose called in person.
There is only one meaning, that is, it is time to stop the long-term retail price war, and the government will not allow a single retailer to monopolize the Xiangjiang market.
If the two sides still do not give up, the government will launch an anti-monopoly investigation against Lane Crawford, Watsons and Wellcome Supermarket and disrupt the normal operation order of Xiangjiang.
Li Jianhui is quite speechless about this. Heung Kong currently has no anti-monopoly law at all, so why is there an anti-monopoly investigation? Besides, Wellcome is still there. Who has the monopoly on Heung Kong Retail Department Store?
As for disrupting the normal business order of Hongkong, this is even more untenable. Lane Crawford and Watsons did not hurt others with their own base. At present, the two retail companies still have meager profits, and they have not implemented vicious competition at a price below cost.
"Wei Li, why do you think MacLehose would stand up to stop us from competing with Jardine in the retail department store market at this time?"
"Li Sheng, MacLehose stands out for three reasons this time. First, he is unwilling to allow a single company to monopolize the Xiangjiang retail department store market.
The second is that he does not want to see us monopolize the retail market in Xiangjiang.
The third is that Jardine found MacLehose and asked him to come out to prevent the two parties from continuing to fight in the retail department store market. "
Li Jianhui fell into deep thought. Now that MacLehose has spoken, the price war between Lane Crawford and Watsons against Wellcome cannot continue.
Although he said he was not afraid of MacLehose, Li Jianhui did not want to cause trouble. After all, many things could not be done without the government's approval.
It's just that MacLehose repeatedly intervened in his fight with the Hong Kong British-owned consortium, which made Li Jianhui quite unhappy.
He asked aloud, "Weili, what do you think we should do this time?"
"Li Sheng, at present, England attaches great importance to Xiangjiang. Whether it is London or the MacLehose government, they will never want to see British capital withdraw from the Xiangjiang market. At this time, I suggest letting it go for now. Sure, we can deliver another thunderous blow to Wellcome."
"It seems that you also have a guess about Xiangjiang's future ownership. I wonder what your opinion is on this?"
Although Wei Li also missed the glory of the empire on which the sun never sets, he knew very well that Xiangjiang would definitely return to the northern government.
It can be seen from this month's war that the speed of the battle has shocked the world. With the determination of the high-level officials of the northern government, England will not start a big war with the north for the sake of Xiangjiang.
Moreover, he has been working under Li Jianhui for nearly two months, and he also knows that Li Jianhui has already defined Xiangjiang's ownership in his heart, which can be seen from some layouts of the Xinjian Department.
The investment in Shekou is just a pathfinding stone for Li Jianhui. Once there are no major problems there, the arcade assembly workshop and Bawang game machine production workshop in Huihong Industrial Park will be relocated there, and printed circuit boards, monitors, etc. will also be moved to Penghu in the future. City, Xiangjiang is mainly a research and development center and a sample production base.
Li Jianhui said with a smile: "Weili, if everyone can be a sensible person like you, our development will not have so many restrictions. Do you think that once Xiangjiang's return to the north is decided, the London side will strongly support us. development, or will it limit our development?"
"In this regard, I think London will definitely loosen restrictions on Chinese-funded families, and even support several families to accelerate their development, making them an important force in Hong Kong.
The systems of the two sides are not the same. As long as your power reaches a certain level and you don't need external interference, you have to move forward for your own benefit. "
Li Jianhui smiled and didn't speak. This is human nature. He is at least unable to make selfless dedication in whatever position he is in. For his own benefit, he must fight for what should be fought.
Li Jianhui is also looking forward to the arrival of 84. At that time, the joint communiqué on Xiangjiang will come out, and the overall situation of Xiangjiang's return in 97 has been determined.
At that time, he will be able to enter some industries that were previously restricted to them. Even if he will not be supported by that time, I believe he will not be targeted.
"Let's put aside the issue of Wellcome for the time being. The next thing you need to do is to start planning the two major retail development directions. Lane Crawford is mainly hypermarkets and supermarkets, mainly department stores and fresh agricultural products.
As for Watsons, it mainly focuses on beauty, health care, makeup, perfume, beverages, etc., and develops in a wrong way with Lane Crawford.
At the same time, do a good job in the planning of convenience stores and home appliance chain supermarkets. At the latest in February next year, these two companies will be formally established. At that time, the four major companies will merge and you will be responsible for the management. "
At present, Watsons and Lane Crawford are both retail department stores, and their business overlaps. Li Jianhui plans to let Watsons develop along the road of his previous life. Lane Crawford is targeting Wal-Mart and Carrefour, and convenience stores are targeting 7-11. The labels are Guomei and Su Ning.
Regardless of whether Li Jianhui can intervene in other markets for the time being, he will definitely go to the mainland market to seize the opportunity.
Wei Li is very excited to be able to control such a retail group, and he believes that such a group will surely become one of the world's retail hegemony.
Heung Kong is only the starting point of the group. Next Wednesday, he will inspect the Taiwan market as the executive vice president of Hutchison Whampoa and the director of Wheelock Group, allowing Watsons and Lane Crawford to open the Taiwan market.
Currently in the Xinjian Department, apart from Li Jianhui, only Wei Li is quite special, able to serve as a high-level executive in the two major groups. You must know that even Chen Yulian has not served in the two major groups at the same time, let alone other senior executives.
The next morning, the citizens of Xiangjiang came to several major retail stores as usual, and found that the discount banners had disappeared. When they entered, the shop assistants also reminded customers to resume the original price sales today.
The citizens who have been accustomed to buying at [-]% off for the past half month are not used to it. They don't understand why the Xinjian Department and Jardine have an attitude of not fighting for life and death, so they suddenly gave up.
Many citizens even regret that they didn't stock up on more daily necessities in the past two days, wasting a chance to save in vain, and thinking about such an activity next time, they don't know that it will be the year of the monkey.
(End of this chapter)
As time goes by, the price war between Watsons, Lane Crawford and Wellcome Supermarkets is still going on, and the [-]% discount for the whole store has no intention of stopping.
Moreover, except for the adjustment of the original prices of a few products in supermarkets, the original prices of most products have remained the same as before the discount. The three supermarkets are indeed offering discounts, and they have no intention of fooling consumers.
Seeing that March has passed, many small and medium-sized retailers have begun to despair. Except for a few stores that are their own retail owners, a large number of small and medium-sized retail department stores have chosen to close down.
This March is called the darkest moment since the end of World War II by the Hong Kong retail industry. Except for a few small stores, the Hong Kong retail department store market is basically monopolized by Lane Crawford, Watsons and Wellcome Supermarket.
Just when Wei Li was about to ask Li Jianhui how to target Wellcome Supermarket, MacLehose called in person.
There is only one meaning, that is, it is time to stop the long-term retail price war, and the government will not allow a single retailer to monopolize the Xiangjiang market.
If the two sides still do not give up, the government will launch an anti-monopoly investigation against Lane Crawford, Watsons and Wellcome Supermarket and disrupt the normal operation order of Xiangjiang.
Li Jianhui is quite speechless about this. Heung Kong currently has no anti-monopoly law at all, so why is there an anti-monopoly investigation? Besides, Wellcome is still there. Who has the monopoly on Heung Kong Retail Department Store?
As for disrupting the normal business order of Hongkong, this is even more untenable. Lane Crawford and Watsons did not hurt others with their own base. At present, the two retail companies still have meager profits, and they have not implemented vicious competition at a price below cost.
"Wei Li, why do you think MacLehose would stand up to stop us from competing with Jardine in the retail department store market at this time?"
"Li Sheng, MacLehose stands out for three reasons this time. First, he is unwilling to allow a single company to monopolize the Xiangjiang retail department store market.
The second is that he does not want to see us monopolize the retail market in Xiangjiang.
The third is that Jardine found MacLehose and asked him to come out to prevent the two parties from continuing to fight in the retail department store market. "
Li Jianhui fell into deep thought. Now that MacLehose has spoken, the price war between Lane Crawford and Watsons against Wellcome cannot continue.
Although he said he was not afraid of MacLehose, Li Jianhui did not want to cause trouble. After all, many things could not be done without the government's approval.
It's just that MacLehose repeatedly intervened in his fight with the Hong Kong British-owned consortium, which made Li Jianhui quite unhappy.
He asked aloud, "Weili, what do you think we should do this time?"
"Li Sheng, at present, England attaches great importance to Xiangjiang. Whether it is London or the MacLehose government, they will never want to see British capital withdraw from the Xiangjiang market. At this time, I suggest letting it go for now. Sure, we can deliver another thunderous blow to Wellcome."
"It seems that you also have a guess about Xiangjiang's future ownership. I wonder what your opinion is on this?"
Although Wei Li also missed the glory of the empire on which the sun never sets, he knew very well that Xiangjiang would definitely return to the northern government.
It can be seen from this month's war that the speed of the battle has shocked the world. With the determination of the high-level officials of the northern government, England will not start a big war with the north for the sake of Xiangjiang.
Moreover, he has been working under Li Jianhui for nearly two months, and he also knows that Li Jianhui has already defined Xiangjiang's ownership in his heart, which can be seen from some layouts of the Xinjian Department.
The investment in Shekou is just a pathfinding stone for Li Jianhui. Once there are no major problems there, the arcade assembly workshop and Bawang game machine production workshop in Huihong Industrial Park will be relocated there, and printed circuit boards, monitors, etc. will also be moved to Penghu in the future. City, Xiangjiang is mainly a research and development center and a sample production base.
Li Jianhui said with a smile: "Weili, if everyone can be a sensible person like you, our development will not have so many restrictions. Do you think that once Xiangjiang's return to the north is decided, the London side will strongly support us. development, or will it limit our development?"
"In this regard, I think London will definitely loosen restrictions on Chinese-funded families, and even support several families to accelerate their development, making them an important force in Hong Kong.
The systems of the two sides are not the same. As long as your power reaches a certain level and you don't need external interference, you have to move forward for your own benefit. "
Li Jianhui smiled and didn't speak. This is human nature. He is at least unable to make selfless dedication in whatever position he is in. For his own benefit, he must fight for what should be fought.
Li Jianhui is also looking forward to the arrival of 84. At that time, the joint communiqué on Xiangjiang will come out, and the overall situation of Xiangjiang's return in 97 has been determined.
At that time, he will be able to enter some industries that were previously restricted to them. Even if he will not be supported by that time, I believe he will not be targeted.
"Let's put aside the issue of Wellcome for the time being. The next thing you need to do is to start planning the two major retail development directions. Lane Crawford is mainly hypermarkets and supermarkets, mainly department stores and fresh agricultural products.
As for Watsons, it mainly focuses on beauty, health care, makeup, perfume, beverages, etc., and develops in a wrong way with Lane Crawford.
At the same time, do a good job in the planning of convenience stores and home appliance chain supermarkets. At the latest in February next year, these two companies will be formally established. At that time, the four major companies will merge and you will be responsible for the management. "
At present, Watsons and Lane Crawford are both retail department stores, and their business overlaps. Li Jianhui plans to let Watsons develop along the road of his previous life. Lane Crawford is targeting Wal-Mart and Carrefour, and convenience stores are targeting 7-11. The labels are Guomei and Su Ning.
Regardless of whether Li Jianhui can intervene in other markets for the time being, he will definitely go to the mainland market to seize the opportunity.
Wei Li is very excited to be able to control such a retail group, and he believes that such a group will surely become one of the world's retail hegemony.
Heung Kong is only the starting point of the group. Next Wednesday, he will inspect the Taiwan market as the executive vice president of Hutchison Whampoa and the director of Wheelock Group, allowing Watsons and Lane Crawford to open the Taiwan market.
Currently in the Xinjian Department, apart from Li Jianhui, only Wei Li is quite special, able to serve as a high-level executive in the two major groups. You must know that even Chen Yulian has not served in the two major groups at the same time, let alone other senior executives.
The next morning, the citizens of Xiangjiang came to several major retail stores as usual, and found that the discount banners had disappeared. When they entered, the shop assistants also reminded customers to resume the original price sales today.
The citizens who have been accustomed to buying at [-]% off for the past half month are not used to it. They don't understand why the Xinjian Department and Jardine have an attitude of not fighting for life and death, so they suddenly gave up.
Many citizens even regret that they didn't stock up on more daily necessities in the past two days, wasting a chance to save in vain, and thinking about such an activity next time, they don't know that it will be the year of the monkey.
(End of this chapter)
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