The Wealth Empire Crossing the Hong Kong
Chapter 505
Chapter 505
In the past few years of the development of the Xinjian Department, the relationship with the Nanyang Consortium has not been very good, especially with some Chinese families in Sin Chew and Malay, because their own interests can be said to be at odds with each other.
At noon on the 16th, with Cao Wenjin as the host, Li Jianhui, Li Guobao and other Xiangjiang business elites in Kuala Lumpur were invited to a banquet. At the same time, Qiu Deba, Guo Henian, Lim Wutong and other Chinese representatives of Nanyang business circles were invited.
"I am very grateful to everyone for giving me this face and coming to this luncheon. No matter what kind of grievances or grievances have been in the past, everyone present is descendants of Yan and Huang. They have the same roots and the same origin. They are a family behind closed doors. Today everyone eats well Drink well, and you can talk freely if you have anything to say."
Obviously Cao Wenjin wanted to be a peacemaker today, but he didn't know who entrusted him with it. Anyway, Li Jianhui didn't care about it. From the beginning to the end, he never regarded the Nanyang Consortium as an opponent of the Xinjian Department. If the Xinjian Department can't get through, he won't trouble the Nanyang Consortium either.
After drinking three rounds and eating five flavors, Zheng Hongbiao, the founder of Public Bank, the predecessor of Nanlong Bank, said: "For hundreds of years, we Nanyang Chinese have supported each other and sought common development. a seat.
It’s just that in the past few years, some people have entered the Nanyang market with their own industries regardless of the friendship of the same clan, and they have taken over the market of our Nanyang Chinese. In order to achieve the goal of seizing our market and industry, they even use all means. "
Regarding Zheng Hongbiao's accusations, Li Jianhui naturally would not choose to remain silent, and immediately responded: "Because of the development in Xiangjiang these years, I also know that the development of Nanyang Chinese is not easy, and I have always adhered to the principle of mutual benefit and win-win with Chinese-funded enterprises. .
For this reason, we also deliberately established the Oriental Chinese Economic Cooperation Association with Li Guobao, Lei Juekun and others. Its purpose is to promote mutual cooperation and mutual benefit among our Chinese-funded enterprises.
We have no intention of fighting against Chinese-funded enterprises, but some leaders of Chinese-funded enterprises do not care about the same origin of the two parties, think that we are weak and easy to bully, and continue to make trouble for us. In order to defeat us, they even united with British capital, making people Very disappointed. "
Seeing that the two sides were about to quarrel again, Cao Wenjin immediately said: "Some of the things that happened before are more likely to be due to misunderstandings, and it is impossible to turn back time, we still have to look forward.
In the current era, the economy is still dominated by the West, even Japan has more say than us.
We Chinese should unite and fight for our Chinese-funded enterprises to have a place in the world. What do you think? "
This time, the Nanyang Consortium intends to end the dispute with the Donghua Society, and Cao Wenjin was specially invited to be a peacemaker. Naturally, they are not willing to quarrel with Li Jianhui and others.
As a core member of the Nanyang Consortium, Qiu Deba said: "Some of our actions before were really hurtful, but our subsequent losses are not small, and I hope Mr. Li Jianhui can expose this.
In the future development, our Nanyang Chinese Business Association will no longer cause troubles to the industries under the Tung Wah Association, and please ask the Tung Wah Association to stop targeting our Nanyang Chinese-funded enterprises. "
Li Jianhui, Li Guobao, Gu Zhenfu, Xie Funian and others did not speak out immediately, and they will not easily agree on this aspect. After all, Donghua Club also regards the Southeast Asian market as one of its key markets. Many industries will enter the Southeast Asian market, which is bound to be seized. In the local market, Donghuahui enterprises will not distinguish between the local indigenous enterprise market or the Chinese enterprise market.
Cao Wenjin persuaded from the side: "Li Sheng, I know some strategic developments of the Donghua Association. Qiu Sheng and others are not saying that Donghuahui companies will not enter the ASEAN market, but I hope that when you enter, you will not deliberately attack them. industry.
The ASEAN market is so big that it can fully accommodate the simultaneous development of the Donghuahui industry and the Nanyang Chinese Business Cooperation Association industry.
I personally also hope that the ASEAN market will be dominated by our Chinese companies, not by Western capital, Japanese and Korean capital. "
Li Jianhui is currently focusing on the American consortium, and he doesn't want the Nanyang consortium to insist on Donghua, and he doesn't want the Nanyang consortium to become a vassal of the Japanese and American consortium in order to protect itself, so he doesn't want the Donghua consortium to have a long-term relationship with the Nanyang consortium. hostility down.
After thinking about the core industry of the Nanyang Consortium, Li Jianhui said: "In terms of banking and finance, we Xinjian Bank and Nanlong Bank will make some adjustments. In the future, everyone will compete fairly in terms of customers, and we will no longer restrict partners in your bank. open an account.
In terms of retail companies, our layout will no longer besiege your core retail companies. In the future, the stores will be misaligned with your SM Group as much as possible.
In terms of real estate, our Donghua Group will mainly develop the Johor Bahru, Kuala Lumpur, and Cebu markets, and will not enter ASEAN on a large scale.
As a concession, we do not want the Nanyang Chinese Business Association to rely on the relationship it has been operating for decades to hinder the development of our Donghuahui industry through the local government.
At the same time, in the Xiangjiang market, we don't care about your development of finance and real estate, but you should not participate in the struggle between British-funded enterprises and our Chinese-funded enterprises. "
Hearing this, Guo Henian and others knew that Li Jianhui did not intentionally embarrass them, nor did he intend to continue to suppress them. The Tung Wah Association made quite a big concession, and the requirements for them were quite low. If so, they would not agree. That would be a little ignorant.
The problem was solved, and the meal became much more lively. Cao Wenjin was also very happy about this. He has always had a good relationship with Chinese families like Nanyang, and a lot of business under Wanbang Shipping comes from these family businesses.
He very much does not want to see the stalemate between the East China Association and the Nanyang Consortium. He is in Hong Kong and is a core member of the New Asia Association. He knows the strength of the Xinjian Department and the East China Association better than the Nanyang families.
If it weren't for the Xinjian Department and Donghua who would focus on dealing with the American consortium, I'm afraid the Nanyang consortium would suffer heavy losses.
Now that the two sides have opened up, although there is still competition in some markets, it is within the normal range. For example, in the Xiangjiang market, there will be normal competition in many industries in the New Asia Club where he works. This matter will not cause the relationship between the two parties to deteriorate.
In Cao Wenjin's view, the Nanyang Consortium has been asking for trouble in the past few years. It once wanted to compete with Li Jianhui for the control of Wheelock and failed, and then wanted to take down Daoheng Bank. In the end, Li Jianhui directed Lan Feng to invest to block.
Instead, it lost control of Public Bank, the top three private banks in Malay, and the Genting Group was also half disabled.
Fortunately, Li Jianhui still has kindness to Nanyang Chinese-funded enterprises. Look at the madness of Xinjian retail in the North American market in the past four months.
If the same is done in the Southeast Asian market, SM Group may not be far from closing down. The Nanyang consortium is not as strong as the American consortium, and it does not have such strong confidence.
(End of this chapter)
In the past few years of the development of the Xinjian Department, the relationship with the Nanyang Consortium has not been very good, especially with some Chinese families in Sin Chew and Malay, because their own interests can be said to be at odds with each other.
At noon on the 16th, with Cao Wenjin as the host, Li Jianhui, Li Guobao and other Xiangjiang business elites in Kuala Lumpur were invited to a banquet. At the same time, Qiu Deba, Guo Henian, Lim Wutong and other Chinese representatives of Nanyang business circles were invited.
"I am very grateful to everyone for giving me this face and coming to this luncheon. No matter what kind of grievances or grievances have been in the past, everyone present is descendants of Yan and Huang. They have the same roots and the same origin. They are a family behind closed doors. Today everyone eats well Drink well, and you can talk freely if you have anything to say."
Obviously Cao Wenjin wanted to be a peacemaker today, but he didn't know who entrusted him with it. Anyway, Li Jianhui didn't care about it. From the beginning to the end, he never regarded the Nanyang Consortium as an opponent of the Xinjian Department. If the Xinjian Department can't get through, he won't trouble the Nanyang Consortium either.
After drinking three rounds and eating five flavors, Zheng Hongbiao, the founder of Public Bank, the predecessor of Nanlong Bank, said: "For hundreds of years, we Nanyang Chinese have supported each other and sought common development. a seat.
It’s just that in the past few years, some people have entered the Nanyang market with their own industries regardless of the friendship of the same clan, and they have taken over the market of our Nanyang Chinese. In order to achieve the goal of seizing our market and industry, they even use all means. "
Regarding Zheng Hongbiao's accusations, Li Jianhui naturally would not choose to remain silent, and immediately responded: "Because of the development in Xiangjiang these years, I also know that the development of Nanyang Chinese is not easy, and I have always adhered to the principle of mutual benefit and win-win with Chinese-funded enterprises. .
For this reason, we also deliberately established the Oriental Chinese Economic Cooperation Association with Li Guobao, Lei Juekun and others. Its purpose is to promote mutual cooperation and mutual benefit among our Chinese-funded enterprises.
We have no intention of fighting against Chinese-funded enterprises, but some leaders of Chinese-funded enterprises do not care about the same origin of the two parties, think that we are weak and easy to bully, and continue to make trouble for us. In order to defeat us, they even united with British capital, making people Very disappointed. "
Seeing that the two sides were about to quarrel again, Cao Wenjin immediately said: "Some of the things that happened before are more likely to be due to misunderstandings, and it is impossible to turn back time, we still have to look forward.
In the current era, the economy is still dominated by the West, even Japan has more say than us.
We Chinese should unite and fight for our Chinese-funded enterprises to have a place in the world. What do you think? "
This time, the Nanyang Consortium intends to end the dispute with the Donghua Society, and Cao Wenjin was specially invited to be a peacemaker. Naturally, they are not willing to quarrel with Li Jianhui and others.
As a core member of the Nanyang Consortium, Qiu Deba said: "Some of our actions before were really hurtful, but our subsequent losses are not small, and I hope Mr. Li Jianhui can expose this.
In the future development, our Nanyang Chinese Business Association will no longer cause troubles to the industries under the Tung Wah Association, and please ask the Tung Wah Association to stop targeting our Nanyang Chinese-funded enterprises. "
Li Jianhui, Li Guobao, Gu Zhenfu, Xie Funian and others did not speak out immediately, and they will not easily agree on this aspect. After all, Donghua Club also regards the Southeast Asian market as one of its key markets. Many industries will enter the Southeast Asian market, which is bound to be seized. In the local market, Donghuahui enterprises will not distinguish between the local indigenous enterprise market or the Chinese enterprise market.
Cao Wenjin persuaded from the side: "Li Sheng, I know some strategic developments of the Donghua Association. Qiu Sheng and others are not saying that Donghuahui companies will not enter the ASEAN market, but I hope that when you enter, you will not deliberately attack them. industry.
The ASEAN market is so big that it can fully accommodate the simultaneous development of the Donghuahui industry and the Nanyang Chinese Business Cooperation Association industry.
I personally also hope that the ASEAN market will be dominated by our Chinese companies, not by Western capital, Japanese and Korean capital. "
Li Jianhui is currently focusing on the American consortium, and he doesn't want the Nanyang consortium to insist on Donghua, and he doesn't want the Nanyang consortium to become a vassal of the Japanese and American consortium in order to protect itself, so he doesn't want the Donghua consortium to have a long-term relationship with the Nanyang consortium. hostility down.
After thinking about the core industry of the Nanyang Consortium, Li Jianhui said: "In terms of banking and finance, we Xinjian Bank and Nanlong Bank will make some adjustments. In the future, everyone will compete fairly in terms of customers, and we will no longer restrict partners in your bank. open an account.
In terms of retail companies, our layout will no longer besiege your core retail companies. In the future, the stores will be misaligned with your SM Group as much as possible.
In terms of real estate, our Donghua Group will mainly develop the Johor Bahru, Kuala Lumpur, and Cebu markets, and will not enter ASEAN on a large scale.
As a concession, we do not want the Nanyang Chinese Business Association to rely on the relationship it has been operating for decades to hinder the development of our Donghuahui industry through the local government.
At the same time, in the Xiangjiang market, we don't care about your development of finance and real estate, but you should not participate in the struggle between British-funded enterprises and our Chinese-funded enterprises. "
Hearing this, Guo Henian and others knew that Li Jianhui did not intentionally embarrass them, nor did he intend to continue to suppress them. The Tung Wah Association made quite a big concession, and the requirements for them were quite low. If so, they would not agree. That would be a little ignorant.
The problem was solved, and the meal became much more lively. Cao Wenjin was also very happy about this. He has always had a good relationship with Chinese families like Nanyang, and a lot of business under Wanbang Shipping comes from these family businesses.
He very much does not want to see the stalemate between the East China Association and the Nanyang Consortium. He is in Hong Kong and is a core member of the New Asia Association. He knows the strength of the Xinjian Department and the East China Association better than the Nanyang families.
If it weren't for the Xinjian Department and Donghua who would focus on dealing with the American consortium, I'm afraid the Nanyang consortium would suffer heavy losses.
Now that the two sides have opened up, although there is still competition in some markets, it is within the normal range. For example, in the Xiangjiang market, there will be normal competition in many industries in the New Asia Club where he works. This matter will not cause the relationship between the two parties to deteriorate.
In Cao Wenjin's view, the Nanyang Consortium has been asking for trouble in the past few years. It once wanted to compete with Li Jianhui for the control of Wheelock and failed, and then wanted to take down Daoheng Bank. In the end, Li Jianhui directed Lan Feng to invest to block.
Instead, it lost control of Public Bank, the top three private banks in Malay, and the Genting Group was also half disabled.
Fortunately, Li Jianhui still has kindness to Nanyang Chinese-funded enterprises. Look at the madness of Xinjian retail in the North American market in the past four months.
If the same is done in the Southeast Asian market, SM Group may not be far from closing down. The Nanyang consortium is not as strong as the American consortium, and it does not have such strong confidence.
(End of this chapter)
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