The Wealth Empire Crossing the Hong Kong

Chapter 193 Chapter [-]

The tree wants to be quiet but the wind does not stop. Li Jianhui wants to slowly invest the profits from London Gold into his own industry, strengthen his own strength, and expand his market.

However, there are forces who do not want him to accumulate strength silently. On February 2, Hang Lung Group and Ito-Yokado reached an agreement to jointly build the Xiangjiang Ito-Yokado Department Store.

Just a department store is not enough to attract Li Jianhui's heart, but behind this company stands the largest conglomerate in Japan - the Mitsui consortium.

Li Jianhui was still a little dazed when he heard the news. What he knew before was that the relationship between Hang Lung and Mitsubishi was good, but the relationship between Mitsui and Mitsubishi was not very harmonious.

This time, he suddenly cooperated with the industries under the Mitsui consortium and strengthened the layout in the Xiangjiang retail market. Li Jianhui felt that he was too high-profile in the Southeast Asian market some time ago, and the major Japanese consortiums who have always regarded the Asian market as their basic market are preparing Hands on him.

Fortunately, the current cooperation with the Fuji consortium is not bad. I have learned that the focus of the major Japanese consortiums is still in the US market, and they are competing with the major consortiums in the United States. There is no intention to shift their focus for the time being.

The cooperation between Ito-Yokado and Hang Lung this time, Mitsui's specific intentions of the Yasuda family is not clear, but it is not ruled out that there is an intention to beat the Xinjian department.

Even the Yasuda family said that the Xinjian Department has been too high-profile in the past month. Fortunately, it mainly entered the real estate industry and department store retail industry, and it did not affect the core interests of several major Japanese consortia. Currently, the six major consortia in Japan are still joint Enter the US market.

In particular, industries such as automobiles, electronic semiconductors, and home appliances are the focus of this confrontation between the major Japanese consortia and the American consortium.

After learning about the movements of several major consortiums in Japan, Li Jianhui felt more at ease. As long as several conglomerates did not jointly suppress them, he would have the confidence to deal with them.

Regardless of the current capital of the Xinjian Department, it depends on who it is compared with. Compared with these top financial groups, the Xinjian Department is still far behind.

Especially in the technical industry, compared with Li Jianhui, he is basically one in the sky and one in the ground. Excluding the real estate retail, the Xinjian Department is currently only a little bit out of Huihong Group.

Although Huangpu Shipping Group has a shipyard, it can only repair ships in it at present, and the shipbuilding technology is quite backward.

Although a lot of money has been invested this time, it is impossible to become a first-class shipyard without years of technical accumulation.

Be careful sailing for thousands of years. Although Mitsui Mitsubishi and other Japanese conglomerates are temporarily focusing on the United States, there is no guarantee that these will specifically target the Xinjian Department. For this reason, Li Jianhui specially held a high-level meeting.

In addition to focusing on the Xiangjiang British-funded consortium, the Chinese-funded family, and the Nanyang consortium, the senior officials of the Xinjian Department also focused part of their energy on the Japanese and American consortiums.

Other local markets can be ignored for the time being, but the markets in Xiangjiang, Baodao, and Nanyang must be defended. Tesco Group, in particular, must quickly expand its market presence in these places to cope with the possible expansion of several major Japanese retail companies.

At present, Japan's focus is not on retailing. Compared with the continuous expansion of retail companies such as Wal-Mart and Carrefour, Japan's major retailers are still developing locally and have no intention of going out.

As a result, there are no world-class retail companies leading the market in Taiwan, Southeast Asia and other markets, giving Tesco the time and space to expand into these markets.

Wei Li said: "Li Sheng, at present, we still cannot judge whether the cooperation between Ito-Yokado and Hang Lung is just a whim, or whether there is a complete plan for the Asian retail market.

Personally, I think the current focus is on the next actions of Xiangjiang Ito-Yokado, and try not to let it gain a firm foothold in the Xiangjiang retail market.

In addition, Tesco's current external expansion is to enter those markets wholly-owned, which also makes us the enemy of all local department store retailers.

I suggest that we can learn from Ito-Yokado in some areas. For example, Lane Crawford can form joint ventures with some local companies. While attracting partners, it can also reduce our competitors and accelerate our local market. expansion. "

The high-level executives present all looked at Li Jianhui. In their hearts, Li Jianhui was good at everything, except that he was relatively independent in business. Whatever he could do by himself, he was absolutely unwilling to make a joint venture with others.

This also makes them try to let the company develop independently when making plans, instead of considering cooperation with local companies. Only when there are real restrictions in the local area, they will choose to find a partner.

After pondering for a moment, Li Jianhui said, "I agree with you. Even Crawford, IKEA, and even Watsons and Tesco can form local joint ventures to speed up our development in various places, and even IKEA and Tesco can open franchise stores."

Wei Li was very happy to get this response. With Li Jianhui's approval, his e-buy group will expand rapidly.

Seeing that Li Jianhui has let go of the e-buy group, other high-level executives also said that they hope to form joint ventures with local companies in some markets in many industries to expand the company's local market.

After everyone's voice fell, Li Jianhui said with a smile: "I know that some of the previous actions have left you with the impression that I am unwilling to form a joint venture with others, so that you are a little timid when exploring the market.

The reason for this is that our strength is not enough, and I often mobilize funds from various companies, and our previous market was mainly in Xiangjiang.

Now that we want to go global, we must change this way of thinking. Industries in many countries and regions will not be wholly owned by foreign capital. Our search for partners is conducive to our market development.

I also allow everyone to assess the situation when expanding abroad in the future, starting from the interests of the company, if a joint venture with a local company is beneficial to the company's development, then boldly enter into a joint venture.

However, I hope that everyone can firmly control the initiative, and the market leadership should be in our hands. "

After the meeting, Li Jianhui called Wu Jiankun to his office and asked the Political and Economic Office to focus on the rivalry between the Japanese consortium and the American consortium, especially the experience that the Japanese consortium was able to compete with the American consortium in the face of suppression by the US government.

Li Jianhui knows that after the Japanese consortium and the American consortium decide the winner, as long as the Xinjian department still develops high-tech industries, it will never let the Xinjian department go.

Unless the Xin Jian department is willing to be their puppets, they will have to fight each other. Li Jianhui must be prepared in advance to avoid being caught off guard.

"Li Sheng, this year we will increase the construction of the North American Political and Economic Division and the Japanese and Korean Political and Economic Division, and strive for three to five years to initially build an intelligence network in the two regions."

"I've specially added [-] million U.S. dollars to your activities, and completed the construction of this aspect as soon as possible. At least we need to be clear about the major movements of the American and Japanese consortiums."

……

(End of this chapter)