The Wealth Empire Crossing the Hong Kong

Chapter 443 Li Guobao's Demeanor
At nine o'clock in the morning on April 4th, Xiangjiang time, in the conference hall 15 of the Peninsula Hotel, elites from the political and business circles of Xiangjiang and ASEAN gathered, and there were nearly a hundred media reporters from various countries, including Jiayi. National television stations have already started live broadcasts of the meeting.

In addition, some business elites from Taiwan, Japan, South Korea, and England came here as guests.

As the organizers of this meeting, the Chief Executive of Heung Kong and the Secretary-General of ASEAN made speeches successively. While thanking everyone for attending this forum, they also made a summary of the economic cooperation between Heung Kong and ASEAN last year.

Last year, the main data of the economic cooperation between ASEAN and Xiangjiang rose sharply, especially in terms of investment and import and export. The proportion of Xiangjiang in ASEAN has increased significantly.

Especially in terms of investment, according to official statistics, last year alone, Xiangjiang had nearly [-] enterprises investing in ASEAN, especially production-oriented enterprises such as textiles and clothing, toys, food processing, and agricultural product production. While promoting the economic development of ASEAN, they also It has brought hundreds of thousands of jobs to ASEAN.

Xiangjiang also benefited. Last year alone, as many as [-] companies listed on the three major exchanges of Xiangjiang. At the same time, ASEAN is also the largest source of foreign capital for Xiangjiang, further consolidating Xiangjiang's financial position in the world.

Since Li Jianhui was not in Xiangjiang, Li Guobao became the first person to speak from the business community this time.

The helm of the second family of Xiangjiang, usually because of Li Jianhui's brilliance makes him less of a sense of existence. In recent years, he has followed Li Jianhui's thoughts and acted. It is far from being comparable to Ship King, Li Zhaoji, Zheng Yutong and others.

In the more than a month since Li Jianhui left Xiangjiang, Li Guobao made everyone re-acquainted with the demeanor of being the helm of the four major Chinese families of the older generation and now the second largest family in Xiangjiang. It is by no means a vain name to be able to helm the Li family in East Asia , no one ignores the wisdom and ability of this person.

"It is a great honor to stand here as a representative of the business community at this forum. Xiangjiang and ASEAN are separated by a narrow strip of water. Cooperation and development, mutual benefit and win-win will be our common theme for the next few decades or even hundreds of years.

......"

After Li Guobao, Shen Bi, Guo Henian, Thaksin Shinawatra, Li Chunxue, Huang Guangxing, etc. gave speeches one after another, all of which focused on the theme of cooperative development.

In the afternoon of the same day, the two parties signed a lot of cooperation agreements. Among them, Chen Yulian, as Li Jianhui's personal representative, signed an investment of 40 billion Hong Kong dollars with the Malay government to establish Nanhua Petrochemical Group in Johor Bahru.

East Asia Holdings has joined forces with Xinjian Holdings, Nanlong Holdings, Lanfeng Holdings, Southeast Asian Development Bank, and Malay Umin Bank to jointly invest in the Western Malay Expressway. The first phase of the project is the Kuala Lumpur-Johor Bahru Expressway, with a total length of about 330 kilometers. The planned investment is approximately HK$120 billion.

After the expressway is completed, it will be operated by the Malay Western Expressway Company. After [-] years, the expressway will be fully owned by the Malay government after it is officially put into operation.

Xinhui Hotel Group, which has just been listed, is not willing to be lonely. With this listing, it issued 35% of its shares to the public and raised 8.75 million Hong Kong dollars in financing. Therefore, it also set its sights on ASEAN.

Chen Zongxue, assistant to the president of Xinhui Holdings Group, signed a cooperation agreement with the Xingzhou government, planning to invest one billion Hong Kong dollars to build a fifth hotel with its own hotel building property rights in Xingzhou.

Lei Juekun, Zhang Guangwen, etc. are also not indifferent. According to the plan of the Donghua Club, relying on Tanjung Pelepas Port, Huangpu Shipyard, and Nanhua Petrochemical Group, they will deploy in Johor Bahru on a large scale. Therefore, Jiulong Jianye and Guanghua Jianye took the lead Settled in Johor Bahru, making it another development center of Tung Wah Club real estate industry after Xiangjiang and Baodao.

The vice president of Wheelock Land Group also signed an investment agreement with the Johor Bahru government. After the four major projects in Taipei, Tianshuiwei, Tseung Kwan O and Kuala Lumpur are put into operation, the sixteenth Wheelock Plaza will be built in Johor Bahru.

Affected by the downturn in the Heung Kong real estate market, not only the East China Association has carried out large-scale cooperation with ASEAN this time, but New World Development, Sun Hung Kai Properties, Henderson Land, Jardine, Swire, Cheung Kong, etc. have also increased their cooperation with ASEAN .

After the meeting in the afternoon, many business elites accepted interviews from major media, and Li Guobao was one of them. The focus was on the Western Malay Expressway.

"As the president of the Bank of East Asia, I personally know that investing in expressways is a project with a large investment scale and slow recovery of costs.

But as a responsible person of a company with a sense of social responsibility, we cannot invest only in consideration of profit.

In order to avoid harming the interests of shareholders, this time I invested in the name of East Asia Holdings, not Bank of East Asia.

I only hope that this investment can help the Malay government and the economies along the highway to achieve better development.

As I said in the morning, Xiangjiang and ASEAN will develop together for mutual benefit and win-win results. This investment also fully demonstrates the attitude of our Hong Kong business community to cooperate with ASEAN.

And this investment is just the beginning. In the future, Heung Kong Capital will invest more in these basic public projects, especially projects such as highways, airports, electricity, gas, and urban tap water that facilitate the production and life of local people. Provide assistance for development and develop together with the local area. "

Regarding Li Guobao's words, these reporters have different positions and understandings.

Reporters who have been in Xiangjiang for a long time know very well that the Donghua Consortium headed by Li Jianhui and Li Guobao has been committed to monopolizing public service projects, especially transportation, electricity, and gas that are related to citizens' daily needs.

Although Xiangjiang has strict requirements on profitability in this area, these capitals are still flocking to them.

For example, in Tianshui City, Xiangjiang Gas has been used at present, and the layout of electric power is also being accelerated. It is expected that the New Territories Power under the Xiangjiang Energy Group will be officially used by the end of this year.

Fortunately, the operation of running water, subways, and Xiangjiang Telephone has always been in the hands of the government, otherwise everything will be monopolized by it.

Of course, what cannot be denied here is the contribution of these capitals to economic development. I don’t know the future, but at least for now it is beneficial to economic development.

Moreover, Donghua is smart because there are competitors in every industry, and it will not kill them. In addition, it has not launched an unlimited price war in the past two years, and there is no reason to judge it as a monopoly.

And because it enters many industries that are closely related to the lives of citizens, its influence is growing.

From Xiangjiang to Treasure Island, the Tung Wah Club has now extended its tentacles to Malay. I am afraid that in a few years, Malay will become a stable market for the Tung Wah Club just like Tung Wah Club.

As a media affiliated to the East China Association, Jiayi TV naturally puts Li Guobao on the stand of justice. An image of promoting cooperation between Xiangjiang and ASEAN regardless of profit or loss is impressively presented on the screen of Jiayi TV.

(End of this chapter)