We're building a super chaebol in Hong Kong
#27 - Huifeng Bank came to our door.
“I've brought the work. I'll leave the company's operations to you. Here's a suggestion: if you want our newspaper to become popular quickly, you can offer a free period, like the first three days being free. That way, many people will see our novel and like it, which will naturally increase our newspaper sales significantly,” Su Cheng suggested to Sister Zhang and the others.
It's human nature to like bargains. With free newspapers, there's no worry about not being able to give them away.
Once they're hooked, it's time to reap the rewards.
Don't underestimate newspapers; they may not seem profitable, but if they become popular, they can be very rewarding.
For example, Jin Yong's "Ming Pao" had a total market value of 870 million Hong Kong dollars when it went public.
Based on his previous novels and "Ming Pao"'s stock, Jin Yong was ranked 64th on the Hong Kong rich list in the 1990s.
As the saying goes, every profession produces its top person. In every industry, reaching the extreme makes becoming a wealthy person very simple.
Selling newspapers and magazines may not be profitable, but when newspapers and magazines become popular, advertisers will come knocking, and you'll be collecting advertising fees until your hands are sore.
Furthermore, Su Cheng's companies will definitely have many new products to sell in the future, which will require advertising. If his own media platform becomes popular, advertising will be much more convenient.
The newspaper matter is settled. If they can't make their newspaper popular with such a good work, then it's a management problem, and people should be replaced if necessary.
The capable rise, the average step aside, the mediocre fall, and the inferior are eliminated!
Moreover, in this era, almost everyone in Hong Kong knew him.
“In that case, let's choose tomorrow afternoon. Call him back and tell him. It's time to meet him. Whether we can take control of Hutchison Whampoa depends on whether we can convince him,” Su Cheng said with a smile.
He's going to Europe next Tuesday, May 30th. Before he goes, it would be best to resolve the HSBC issue.
He had already prepared what to discuss with Sir Michael Sandberg.
As the absolute leader in Hong Kong's financial world, maintaining a friendly relationship with HSBC before Su Cheng's industries are strong enough will benefit the company's development.
“Okay, boss, I'll reply to him now. He's still waiting,” Zhang Qizheng nodded.
After speaking, they hung up the phone.
In recent days, Wharf's stock price has remained around 50 Hong Kong dollars, with no large-scale transactions, which has calmed the entire stock market.
While everyone was focused on the Wharf acquisition and the Su's Group's delisting application, Tianyuan Investment Management quietly continued to accumulate Hutchison Whampoa's stock in a low-key manner.
Last time, Su Cheng transferred the 200 million Hong Kong dollars he obtained from Ye Tianrui to Tianyuan's account.
After spending nearly 20 million Hong Kong dollars on acquiring Su's Group's stock, the remaining funds could be used for operations.
Therefore, Tianyuan's cash flow is currently relatively sufficient. Taking advantage of this time, it quietly absorbed approximately 4% of Hutchison Whampoa's shares on the market.
In other words, Tianyuan now secretly controls 22% of Hutchison Whampoa's stock.
HSBC, on the other hand, holds about 22.4% of the stock.
The difference between the two is almost negligible. Tianyuan's holdings could exceed HSBC's at any time.
Of course, Tianyuan didn't dare to be too obvious in the stock market, so they accumulated shares slowly and steadily.
No one knew that Hutchison Whampoa, seemingly calm on the surface, was already experiencing undercurrents.
Even Li Ka-shing, the current head of Hutchison Whampoa, was completely unaware of this.
Because Tianyuan's holdings of Hutchison Whampoa's stock were held through multiple accounts, making it impossible to trace even if they wanted to investigate.
On his way home, Su Cheng casually had the driver pick up Cherie Chung, who had just finished school.
“Boss,” Cherie Chung naturally sat down next to Su Cheng in the back seat as soon as she got into the car, hugging Su Cheng's arm. This is what you call a personal secretary.
After this period of contact, Cherie Chung had completely fallen for Su Cheng. After all, Su Cheng was too attractive, successful, talented, and handsome, with virtually no shortcomings. Such a man was destined to be like a bright light bulb, so conspicuous in the darkness.
She also knew that she was not worthy of Su Cheng, but she was content as long as she could stay by his side.
Naturally, Su Cheng did not reject her initiative and naturally took her.
Today is Friday, which means that tomorrow and the day after, Cherie Chung doesn't have to go to school and will naturally return to being Su Cheng's full-time little secretary.
“By the way, do you want to go to Europe? If you want to, I'll take you,” Su Cheng asked with a smile.
He didn't know how long he would be in Europe this time. It would be too lonely without a beauty by his side.
Being served by a beauty throughout the trip would make the journey even more enjoyable!
“I want to, boss! I've never been out of Hong Kong before. When is it? I'll prepare in advance,” Cherie Chung said excitedly upon hearing Su Cheng's question.
Now, her family already knew that their daughter was the secretary of the chairman of a large group. Naturally, they were very happy and told Cherie Chung to work hard, as this was a very rare opportunity.
This was much better than being a waitress in a restaurant, and the salary was higher.
“Next Tuesday, I guess, if you want to go, ask the school for leave,” Su Cheng said with a smile.
“Okay, then I'll ask the form teacher for leave next Monday,” Cherie Chung said excitedly.
The school she attended was a convent school. The reason she attended there was ultimately because it was tuition-free. Her family was poor, and she wanted to attend a good school, but her family couldn't afford to send her. If she wanted to continue studying, she could only choose these free schools.
Moreover, she would be graduating in just over a month, and there was no pressure to continue her studies, so taking leave was no big deal.
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