Suning has indeed been suppressing the rapidly growing Su Group, because the group's development speed has exceeded its expectations, making Suning feel a little difficult to control.
In order to get rid of this unsafe problem, Suning will no longer develop new businesses in the short term, but will instead cultivate its "internal strength" bit by bit.
However, there is a large amount of funds in the account, and Su Shi Sony continues to gather new wealth every day, which makes Suning feel both painful and happy.
Suning also thought about investing in gold, but the low price of land on Hong Kong Island forced Suning to temporarily give up gold reserves. The price of gold has soared, and it can't compare with real estate.
In my impression, Hong Kong Island’s land prices really started to soar in the 1960s and 1970s, so Suning can still enjoy the last wave of Hong Kong Island’s land dividends.
The British Hong Kong government is not a fool. At this stage, it has not released too much land. More high-quality land resources are controlled by British-funded overseas banks.
So Suning found another way to buy old dilapidated buildings and residential areas, and when the right time came, they could demolish and rebuild them.
Doing business will inevitably encounter financial constraints, but Suning's shady operations directly led to a large amount of wealth lying in the account, which made HSBC and British-owned Ocean Bank jealous. This was also the biggest reason for the British Hong Kong government to have bad intentions.
Even though the British-funded foreign banks usually behaved very arrogantly, when faced with the sudden rise of the Chinese-owned "hands-on" Su Group, they had to put aside their arrogance and come to Su Group to borrow money.
It is absolutely impossible to really borrow money, because Suning doesn't like the interest rates, so let these British-owned foreign banks use their huge high-quality land resources and building assets to conduct transactions.
Although the frequency of such transactions is not very high, it can still surprise Suning. After all, land resources are the most valuable assets, and they are also the cornerstone of Su's real estate's rapid growth in the 1970s and 1980s.
In this way, the Su Group maintained a very complicated and subtle relationship with the proud British-owned foreign companies. The British-owned foreign companies were like addicts, selling off the best land resources little by little.
When the news came out from the Governor of Hong Kong, Robert Brown, that Suning's Su Group was interested in acquiring Hutchison and Wharf Group, it aroused a violent reaction from the British-owned foreign companies. In the end, the Governor of Hong Kong, Robert Brown, gave up the idea of mediating.
As a result, British-owned foreign banks began to be wary of Suning and the Su Group. When they needed funds, they would rather seek loans from HSBC than sell their own foreign banks' assets.
After the news that Suning wanted to acquire a British-funded foreign company was published in the newspapers, even the residents of Hong Kong Island were not optimistic about Suning's behavior and secretly laughed at Suning's overestimation. This was really because the position of the British-funded foreign company in Hong Kong Island was too deeply rooted in the hearts of the people.
.
In desperation, Suning no longer dwelled on the matter, and instead began to acquire shares of Wheelock, Hutchison and Wharf Group in an open and honest manner.
Suning's move to acquire stocks completely caused panic in the British-owned foreign companies, because they used to look down on Chinese capital, which led to their operations being particularly weird.
Just like the stock of the original Wharf, the British-owned foreign companies can control the entire Wharf Group by holding only 5%.
A large amount of funds were transferred by British-owned foreign banks to other assets and investments. This is why Pao Yugang was able to initiate the acquisition of Wharf in the 1970s and 1980s, because the British-owned foreign banks were too arrogant and weak.
Suning's "Wolf Crying" move completely frightened the British banks in Hong Kong Island, and they all increased their stakes in their respective listed companies. This caused the stock prices in Hong Kong Island to rise sharply. It was bound to require a loan from HSBC Bank, or to deal with and give up some
Less important investment projects.
Seeing such a surge in stock prices, Suning was not taken advantage of, so it simply stopped the acquisition and began to wait slowly.
Just like a hunter stalking his prey, Suning had plenty of time and patience, so he chased his target and quietly waited for the prey to weaken.
Suning stopped here, but the British-funded foreign companies were in trouble. In order to resist the Su Group's attack, they gave up too many interests, but in the end they took advantage of the "big banker" HSBC. Suddenly, I felt
Some gains outweigh the losses.
"Mr. Su, your acquisition this time has really enhanced the prestige of us Chinese people!" Bao Yugang looked at Suning in front of him with a smile on his face.
"Brother Bao, I just want to buy stocks normally.
I didn’t expect that these normally aloof foreign companies would be so panicked!”
"Haha, it's obvious!
Yes, they are fat, but they are too weak!
No one can compare to a real fat man like you!"
"Brother Bao, are you praising me or hurting me?"
"Haha, of course I'm complimenting you!
Now in Hong Kong Island, who dares to harm you, Suning!"
"Brother Bao, doesn't he always like to follow his fleet everywhere?
Why do you have time to come to my place today?"
"Haha, aren't you a little tired? I came back to Hong Kong Island to rest for two days!
Fortunately, I returned to Hong Kong Island, otherwise I would have missed such a classic takeover battle!
There’s more!
Mr. Huo would like to invite you to come out and sit with us someday when you have time, and then we Chinese businessmen can get together!"
"Haha, this is so emotional!
That's exactly what I want!
Any day will do, once the time is set, just let me know!"
As for Chinese-funded bosses like Lao Bao and Lao Huo, they have rarely interacted with Suning because of the age gap. In fact, it's more that Suning is used to being lazy and doesn't like restrained banquets.
Suning has always been very clear-headed about these seniors. Although he is running ahead of them, he does not dare to relax at all.
Just like a "tortoise and the hare" game, Suning will definitely take advantage of it at the beginning by relying on its prophetic advantage, but there is still a big gap between it and these real big guys with profound knowledge.
Although Global Shipping, owned by Pao Yugang, only started to take off in 1955, four years later in 1959, it also had a place in the shipping industry. However, like Suning, it is usually as low-key as Suning and is not well known by Westerners.
For him to be able to come and invite him in person was a sign of respect for himself. As a junior of his age, of course he needed to respond appropriately.
...
Seeing the British-owned foreign banks in Hong Kong staring at his actions in the stock market as if they were facing a formidable enemy, Suning realized that it would be difficult to buy large amounts of stocks in a short period of time, so he stopped completely.
After calming down, Suning once again worried about the large amount of money in his account. Others were worried about having no money, but Suning himself was worried about having too much money.
"Boss, a man named Lu Bing came to visit.
Because I didn't make an appointment in advance, I don't know if the boss is willing to meet?" At this time, Suning's secretary walked in.
"Lu Bing? Did he say which company he was from?" Suning sounded familiar, but couldn't remember it at the moment.
"Eh? I didn't ask!
But he said that as soon as he mentions his name, boss, you will agree to meet him!" The secretary was also at a loss.
"..." With the rise in his status, it is really difficult to see such a confident person now.
Seeing his boss's speechlessness and realizing that he had done something wrong, the secretary quickly said, "Boss, I'm going to ask you now!"
"Forget it! Just bring it in!"
"Yes! Boss!"
Soon the secretary brought in an old man in his fifties and walked into Suning's office. Only then did Suning remember the identity of the person.
"Oops! It turns out to be Chairman Lu!
The last time we had a quick farewell, we haven’t seen each other for almost seven or eight years, right?"
"Haha, Mr. Su has a good memory!
I returned to China after arrangements were made for the reconstruction of Tung Tau Estate in Kowloon!"
"domestic?"
"Oh! It seems that Mr. Su doesn't know my identity yet!
It’s also my fault that I didn’t introduce it just now!
I am now the deputy director of Xinhua News Agency.
I will need more care from Mr. Su in the future!"
"Well?"
Suning was really shocked. As a time traveler, of course he knew what Xinhua News Agency represented!
When they were negotiating the reconstruction of Tung Tau Village in Kowloon, Suning thought that Lu Bing, who claimed to be the chairman of the self-help society, was an aboriginal like the "New Territories Taigong", but he really didn't expect that he turned out to be...
"Haha, it turns out to be Director Lu. How disrespectful!"
"Mr. Su, I came here this time to ask for your help!"
"Oh? If Director Lu needs anything from Su, just ask!
I will do my best!"
"Then thank you in advance, Mr. Su!
Recently I need to buy a piece of grain in China, so I would like to ask Mr. Su for help!"
"..." Hearing Lu Bing's words, Suning's heart moved, and then she remembered that important event and stopped talking nonsense.
"Director Lu, the business I run does not include food!
Shipping companies do.
If necessary, I can arrange a fleet to help you transport food."
"This...Mr. Su's business is so big!
Don’t you have acquaintances to buy cheap food?”
"I have a friend who makes food!
So be it!
Director Lu, can you let me make a call first?"
"Of course! Mr. Su is free!"
Suning thought of Michelle and Susan, who were far away in Australia. They seemed to have been running a grain business after returning to Australia. Suning did not avoid Lu Bing's existence and directly called Australia.
"Michelle, I am Suning!"
"Oh! Fatty Su, you finally knew how to call me!"
"I remember that you have been running a grain business since you returned to Australia, right?"
"Yes! Do you, Fatty Su, also want to do the grain business?"
"No! I have a very good friend who needs a lot of cheap food, including wheat, rice and corn!"
"A large amount? How much specifically?"
"As much as you have!
Give me a million tons first!"
"Ah? Is it because..." Michelle may have realized something.
"Ahem! Can you get it?" Suning directly stopped Michelle's next words.
“Yes, yes!
But you need to pay in US dollars, of course Japanese yen is also acceptable!
so......"
Suning glanced at Lu Bing opposite him, nodded in agreement and said, "Okay! I'll transfer you a deposit of 10 million US dollars first!
The price must be favorable!”
"Fat Su, don't worry!
As a friend, you rarely have any use for me.
You won’t be disappointed this time!”
Suning hung up the phone, then looked at Lu Bing sitting opposite, and said helplessly, "Director Lu, you heard it too!
Foreign devils only recognize U.S. dollars and Japanese yen!"
"Haha, I understand!
It’s just that domestic foreign exchange reserves are a bit too small!
possible......"
"I know! It just so happens that this foreign exchange can be temporarily advanced by the Su Group!"
"That's great! Thank you Mr. Su for your help!"
"Haha, this isn't really help!
I’m not in a position to negotiate the specific price, so you still need to discuss it directly with Michelle!”
"Haha, we can understand!
We will discuss the price directly with the other party!
But is this Michelle?”
"This Michelle used to be a staff member of the British Hong Kong government department.
I ran Su's Real Estate with him back then, and later he withdrew his shares and returned to Australia.
At most they are business friends, so you don’t need to worry too much when negotiating prices!”
“So that’s it!
Then we have an idea!
However, can the domestic currency be used to return the funds advanced by Mr. Su?"
“Yes, yes!
But we can’t all use domestic currency!
Therefore, I have a suggestion, Director Lu had better consider it!"
"Oh? Mr. Su, tell me!"
“I heard that some antique calligraphy and paintings are being sold in China!
Although I don’t know much about antiques, I am still planning to build a private museum of Chinese culture in Central.”
“So can you try to pay Su with antique calligraphy and paintings?
You are responsible for the quotation and the identification of authenticity.
It is best to arrange a few experts in antiques.
I want to hire them to go to Hong Kong Island to maintain the daily operations of the private museum."
"Eh? No problem!
I will report this matter to my superiors!" Lu Bing suddenly said with surprise on his face after hearing Suning's request.
“And I also like modern and contemporary celebrity calligraphy and painting.
For example, calligraphy and painting by famous people like Qi Baishi and Zhang Daqian can be used!
The price is up to you, I won’t counter-offer!
As long as it can be guaranteed to be authentic!”
"Haha, Mr. Su, just don't worry!
There is no need to consider these issues!" Lu Bing assured, patting his chest confidently.
“Also, the Su Corporation has a Su Corporation Sony Semiconductor Company.
It currently produces radios and televisions, as well as home appliances such as refrigerators and washing machines.
Therefore, there is a special need for some high-quality talents.
I want to hire mainland college students to come and work at Su’s Sony on Hong Kong Island.”
"This... I will also report this matter to my superiors as soon as possible.
After all, I can’t make a decision!”
"Haha, I can understand this!
For each college student, our company will provide a scholarship of US$1,000, which will then be given directly to the school in the mainland."
"Eh? Mr. Su, do you really mean what you said?"
"Of course! These scholarships can be left to the school to train other college students.
This can form a virtuous cycle!
As for the college students who come to Hong Kong Island, all their food, accommodation and transportation expenses will be borne by us, Su Shi Sony!"
"Also, our company will provide night school activities. When they come to Hong Kong Island to work, they can be regarded as half studying abroad and half working!"
"Then...then do you, Su Clan Sony, have any other requirements?"
"There are no other requirements!
It’s just the researchers of Su Shi Sony, most of whom are semiconductor experts from Germany and Japan.
Therefore, college students who come to work on Hong Kong Island should learn German or Japanese in advance and then be able to communicate normally!
Of course, English is also acceptable. After all, English is an international language, so we should be able to communicate.”
As Suning explained, Lu Bing's face became more and more surprised, because this was a real win-win situation.
As for whether the leaders will agree to it, there is definitely no problem. Whether it is antiques or hiring mainland college students, it is a matter of great benefit and no harm to the mainland.