Rebirth: The Era of Hong Kong Tycoon

Chapter 278 [Conspiracy]

In June, Hutchison Whampoa's "Daybreak Operation" ended. In this operation, a total of five paging stations and 6% of the shares of Hong Kong Telephone Company were acquired, and Hutchison Telecom was formally established.

Hong Kong’s paging service started as early as the late 60s. In August 1969, an American reporter stationed in Hong Kong opened a paging company, obtained a paging license from the Hong Kong Post Office, and installed a transmitter in Happy Valley on Hong Kong Island to provide paging services. But it was announced that it was over in less than half a year.The second pager company, APOLLO, was founded in 8 and was acquired by Jiaxun Co., Ltd. in 1970. Jiaxun focused on large organizations and government departments for sales, and as a result, it has attracted a large number of customers within a few years.

Since the 70s, the Hong Kong government has issued more than a dozen paging business licenses in response to the greatly increased demand for paging services. Among them, the Hong Kong Telephone Company also provides paging services.

This time, the five paging companies and the Hong Kong Telephone Company acquired by Hutchison Telecom have increased the number of paging service customers to 5 in one fell swoop, accounting for about one-third of Xiangjiang's business.

The Hong Kong Telephone Company is one of the only two telecommunications companies in Hong Kong. Its business includes fixed telephone (local and international), fax, wireless telegraphy, etc.

In the meeting room, Lin Rongheng and Hutchison executives gathered together. The atmosphere has long been different. Now Hutchison Whampoa has only one voice, and that is Lin Rongheng's voice; , Lin Rongheng generally only makes general layouts.

Lin Rongheng said: "Don't underestimate Hutchison Telecom. The reason why I established Hutchison Telecom is to focus on the future! The United States, Europe, and Japan have all developed advanced cellular mobile communication systems. Therefore, mobile phones are the trend of the future. For the base station service in Hong Kong, we, Hutchison Whampoa, must take on the big responsibility. It is imperative to set up a project team!"

In the previous life, Hutchison Whampoa launched mobile phone services in 1985, including the agency of Motorola mobile phones; and Motorola had already released the Motorola DynaTAC 1983X commercial mobile phone in 8000.

The main reason why it is so slow is that it takes time to build a base station!Even in the United States, it took time to build base stations, which led to the launch of the first commercial mobile phone, the cell phone, in 1983.

A high-level executive asked: "This business will definitely invest a lot of money in the early stage. Even the Hong Kong government has not yet made a plan. We are a commercial company." Although he didn't say it directly, the meaning was obvious. The government plans and invests in this project first.

Lin Rongheng said directly: "Leading one step ahead means leading every step. Mobile phones will definitely enter the era of everyone owning one. We need to invest in this aspect initially. Even if it is not profitable for ten years, we still want to do it!"

In the previous life, Hutchison Whampoa lost hundreds of billions of Hong Kong dollars in the 3G field for 10 years, but still insisted on investing and became one of the largest 3G companies in the world. In Lin Rongheng's view, there is nothing wrong with this step, even if it is a loss, it is very worthwhile.

What's more, it is precisely because of Hutchison Whampoa's large investment in this field that it has the classic investment of "[-] billion selling oranges" and "Yingke's market value of hundreds of billions"; without the initial investment, where will the resources and talents come from later!
Ma Shimin was the first to express his support, saying: "Hutchison Telecom has a long-term plan, and the investment is not a one-time investment. We will treat it as an important business of Hutchison Whampoa."

The boss and the second child expressed their support one after another, and everyone quickly reached a strategic plan.

Hutchison Whampoa’s retail industry has more than doubled in size after the acquisition of Yonghui, and the proportion of overseas retail revenue has increased year by year, accounting for more than 20% last year; Watson’s sales in Southeast Asia, Singapore, Japan, Taiwan and other places Very popular with locals, 7-ELEVEn convenience stores have also begun to make efforts in Southeast Asia.

The retail department of Hutchison Whampoa is actually in charge of pharmaceuticals, beverages, cosmetics and other businesses, making it a giant company.

California.

Citigroup, due to the strict separate management of banking and securities business under the US Banking Law, stipulates that commercial banks are not allowed to buy stocks, and are not allowed to operate non-banking business, and there are strict restrictions on the opening of branches.In order to avoid legal restrictions, in 1968 Citibank took an important step in the company's strategic decision-the establishment of a bank holding company as the parent company of Citibank.

Moyock, who was the head of Citibank Xiangjiang ten years ago, is now an executive at Citigroup, mainly responsible for the securities business.

Lin Rongheng brought a piece of information to Moyock, which was the investigation report on the illegal sewage discharge of the American radio factory in Taiwan Island.

After reading the report, Moyock's face remained calm. He is a qualified capitalist and will not show much compassion.

"Why does Mr. Lin care about the affairs of Taiwan Island?"

Lin Rongheng said seriously: "They are all Chinese, so naturally they care about it! American radio has done such a thing, and the impact is too bad!"

Moyock said with a smile: "Mr. Lin must not have just come to me to sue RCA. If so, I will submit this investigation report to the FBI and the media. In this way, RCA will definitely pay a high price. .”

Moyock doesn't believe that Lin Rongheng's purpose is only for this purpose. If this is the case, even if this information is handed over to the Taiwan authorities, it is impossible for this RCA factory to continue to operate.

Lin Rongheng said: "You and I have been friends for many years, and I am sending you an opportunity, an opportunity to short RCA!"

The shrewdness in Moyock's eyes flashed, and he asked, "Mr. Lin also plans to participate?"

Lin Rongheng shook his head and said: "Although I am also a capitalist, I will not profit from the lives of my compatriots! I am giving this report to you in the hope that you Citigroup can use your own strength to expand this matter and let the US officials Take it seriously."

Moyock pondered for a while, and said: "The short-selling plan you mentioned is indeed feasible. If the report from the Taiwan Island side comes out, we will use our own resources as soon as possible to expand this matter."

Lin Rongheng said mysteriously: "Although Citigroup is a big consortium, it will not spend too much resources to operate this matter after all! Why don't Mr. Moyock find another ally, this ally is not for shorting RCA, but for buying RCA!"

Moyock asked: "Mr. Lin suggested so, so there must be someone to choose?"

Good people do it to the end, Lin Rongheng intends to advance historical events by 5 years. In his previous life, in 1985, General Electric bought RCA, which shows that people have taken a fancy to RCA company.

RCA has many businesses, and the picture tube business is only one part of it, memory, system architecture, wiring, input/output equipment, video recorders, audio and communication products, and also owns a heavyweight TV station NBC.

Lin Rongheng nodded and said, "Do you think General Electric will be interested in this company?"

Moyock couldn't help but be amazed at Lin Rongheng's understanding of American companies, it was almost in the language.

After pondering for a while, Moyock asked again: "Mr. Lin doesn't just need justice, does he? We have been good friends for many years. If Mr. Lin has something to say, it's okay. I will do my best to help you!"

Thinking about it, Lin Rongheng's plan is so detailed, how could Moyock believe that Lin Rongheng only wanted the RCA Taidao factory to pay the price, which is not in line with what he has known for many years.

Lin Rongheng said frankly: "Xiaomi Electronics wants to acquire RCA's picture tube business, including the equipment of the Taiwan Island factory."

That's it, Moyock suddenly realized!

Over the years, Moyock has also paid attention to Xiaomi Electronics. It is an electronics company with good growth and has several innovative products under its banner.

Naturally, Moyock would not refuse this request. After all, if Citigroup came to bridge the business, it would also be a considerable commission.

In the end, Moyock and Lin Rongheng discussed the details of the operation, and the whole plan was reached by the two of them.

Xiaomi Electronics only needs to anonymously report the investigation to the Taiwanese media on Taiwan Island, ignite this matter, and the rest of the operations are the affairs of Citigroup and General Electric.

(End of this chapter)