We're building a super chaebol in Hong Kong
#596 - All walks of life dominate the Macao River
After settling these matters, Su Cheng dismissed them to their respective tasks.
Only Zhang Qizheng remained.
Macau and Hong Kong are not far apart, so even if they have to attend to matters in both places, it's not too difficult for them; at most, it's just a bit tiring for the time being.
Once Macau officially enters a phase of development, they won't be so busy.
Moreover, this is actually just a normal company expansion.
None of these general managers or even CEOs don't want to see the companies they manage grow even further.
After all, this is directly related to their salaries; as the company grows larger and profits increase, their bonuses will naturally increase as well.
Everyone wants to advance further, but having reached their positions, further advancement is clearly almost impossible, unless they become their own boss.
Then there must be a new goal and direction.
Therefore, developing the company and making it larger, earning more profits, becomes their new goal.
The larger the scale of the enterprise, the higher their status will naturally rise.
Just like Wei Li, because he steers the behemoth that is Hutchison Whampoa, he is already a top-tier professional executive in Hong Kong, with an extraordinary status; even the Governor, Murray MacLehose, would give him sufficient respect.
As for people like Ouyang Hai, Wang Hai, and Zheng Qingbo, because the companies they manage are not very well-known, their status in Hong Kong is naturally not very high, and they cannot be compared to top-tier professional executives like Wei Li.
As for Wei Li, Yang Chaoye, and others, is there still room for improvement?
Of course!
Neither Hutchison Whampoa Group nor Su's Group has yet reached the top tier of world-class enterprises.
What they need to do is develop the group into world-class enterprises like IBM and ExxonMobil.
And now, with Su Cheng's help, Hutchison Whampoa Group and Su's Group have grown and expanded rapidly in a short period of time, and are not far from becoming world-class enterprises.
Therefore, whether it's Wei Li, Yang Chaoye, or Ouyang Hai, Wang Hai, Zheng Qingbo, and others, none of them are satisfied with the current situation.
"What's the situation with listed companies in Macau? Are there any suitable for investment or direct acquisition?" Su Cheng asked Zhang Qizheng, who was sitting across from him.
"Boss, because Macau's market is not large, there aren't many companies that have grown big, and there are even fewer listed companies. Therefore, the entire Macau doesn't have its own stock exchange, because there's no need. Those that can be listed are listed in Hong Kong. For example, Mr. Ho's Tak Sing Group was listed in 1973. This company should be relatively promising. Are you interested in buying its stock, Boss?" Zhang Qizheng replied.
"Tak Sing Group?" After hearing this, Su Cheng had Xiaolai check the data.
Soon, information about Tak Sing Group appeared in Su Cheng's mind.
Tak Sing Group's core businesses include real estate, transportation, hotels and leisure, and investment. Although it is a listed company, it can also be considered a Ho family business. Moreover, Su Cheng found that even when Su Cheng transmigrated, the group's total market value was only a few billion Hong Kong dollars. The current market value is even lower.
After reading it, Su Cheng immediately lost interest in this company.
He has no interest in this kind of family business if he can't control it and the future market value is not very high.
In Su Cheng's opinion, he doesn't think it's worth investing in anything with a future market value of less than several trillion.
"It seems that Macau currently doesn't have any good companies besides those in the gambling industry!" Su Cheng shook his head and said helplessly.
The gambling industry is very promising, but Su Cheng doesn't plan to get involved.
That is to say, it seems there's nothing good to invest in in Macau when it comes to corporate investment.
"Boss, according to my understanding of Macau's enterprises these days, it's better to start our own than to acquire them," Zhang Qizheng suggested.
Su Cheng nodded, acknowledging his statement.
"Besides the gambling industry, I want to get involved in all walks of life in Macau. It shouldn't be difficult to dominate this small market, right?" Su Cheng said, propping his chin with one hand.
"With your current strength, Boss, of course it's not difficult. Moreover, with your current investment plans, Boss, it won't take long to dominate the Macau market. After two or three years, ordinary people's daily lives may be inseparable from your companies, Boss. By then, Macau can really be said to be yours to command!" Zhang Qizheng said with a smile.
Not to mention Macau, even Hong Kong, in a few years, it is estimated that it will be called Su's City, instead of Li's City.
Of course, this "command" does not refer to political power, but to prestige and status in the business world.
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"Two or three years, the time is not too long, I hope it will really be like this by then," Su Cheng smiled.
"There's definitely no problem. I have a relatively good understanding of Macau now. If so much capital comes in, it will definitely be able to change the entire landscape of Macau, and these changes are brought about by you, Boss. Naturally, it's up to you to decide. By then, Macau can't lack anyone but you, Boss!" Zhang Qizheng was very confident.
"Uncle Zhang, if you have time during this period, pay attention to the situation in Macau and see which properties are suitable for acquisition, then acquire them. As for investments in airports and bridges, these are not urgent. Wait until Macau's commercial development picks up, and then spread the word. If we want to do these things now, the vast majority of international capital will have to come from us, and there's no need for that. These are not profitable investments. Let's make plans after we have a foothold," Su Cheng continued.
He may have only stayed in Macau for a few days, and it's impossible for him to be here all the time, so it's better to explain some things clearly.
His subordinates can handle things themselves for the time being, so he doesn't need to personally command them.
Macau's economic foundation is still too poor compared to Hong Kong, and everything is waiting to be developed!
Su Cheng has already arranged with Governor Isidro to go to the Governor's Office tomorrow to sign various contracts, so even though he has already delegated everything, he still can't leave Macau.
Moreover, having just taken on the role of Macau's Chief Economic Designer, it's not very appropriate to leave immediately. He should at least stay here for a week or so before going back.
"It seems that I have to call Ajiao and Amei over. Life is much more comfortable with their service. Otherwise, going back to the villa would be too boring!" Su Cheng suddenly said to himself.
(End of this chapter)
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