On the eve of the Queen's visit to Hong Kong, Li Guangyu took Cao Weiqing to the Peninsula Hotel to attend the shareholders' meeting of the Hong Kong Consortium at 7:30 tonight.
This time, in addition to the families behind Hong Kong Bank, we also specially invited the heads of the Lukang Gu family, Datong Lin family, Yulong Yan family, and the Gao family of the Uni-President Group from Baodao.
In addition to these people, the second generation of various families also came to participate in this gathering, which enhanced the mutual contact between the second generation and allowed the relationship between the major families to be maintained for a long time.
The banquet hall was left to the wives and second generations of the families, and leaders like Li Guangyu came to the hotel conference hall.
The reason why this gathering was chosen tonight is mainly because Li Ka-shing, Lee Shau-kee and others were in Tokyo during this period and only returned to Hong Kong this afternoon.
The Japanese real estate market prices are rising rapidly. These people are obviously unwilling to miss this opportunity and are focusing on the development there. The group's funds are basically tied up in the Japanese real estate market.
In the conference room, Li Guangyu said: "This is the first time in half a year that we are sitting together again. We also welcome the arrival of Mr. Gu, Mr. Gao, Mr. Lin and Ms. Wu."
These families knew that Li Guangyu had specially summoned them today to discuss important matters. Over the years, they followed Li Guangyu and the family business developed rapidly. Now their interests have long been tied to the Li Group. Once the Li Group is damaged,
, they don’t feel well either.
Guo Desheng said: "Guangyu, we all know that you will not go into such a big fight if you are fine. Just say it, Uncle Guo will definitely support it."
The development results of the Sun Hung Kai Properties Group led by him over the years are very gratifying. In terms of real estate groups, among the current listed companies in Hong Kong, Sun Hung Kai Properties has surpassed all major listed real estate companies in Hong Kong and firmly occupies the first place in the real estate stocks on the Hong Kong stock market.
.
Guo Desheng knew that if Li Guangyu hadn't persuaded them to go out, Sun Hung Kai would not have achieved such results. Over the years, his family's most important asset is no longer the shares of Sun Hung Kai Properties, but the share in Heung Kong China Investment Company.
share.
Although the shares held there are only 15%, their value is much higher than the 35% shares held by his family in Sun Hung Kai.
At present, Heungkong China Investment owns more than 10% of the shares of Heungkong Bank, Peninsula Hotels Group, Heungkong Electric Group, Cathay Pacific Airways, Taipei MRT, Hutchison Whampoa Group, etc. It also owns the Bank of East Asia, Asia Hong Kong Commercial Bank, Jiayi Group,
A small number of shares in their internal listed companies such as China Gas.
Over the years, they have only invested in Xiangjiang China Investment Company and never paid dividends. Coupled with Li Guangyu's several assists, Xiangjiang China Investment Company has rapidly accumulated funds.
At present, the total assets of their shares held by Xiangjiang China Investment Company exceed 40 billion Hong Kong dollars, while the current market value of Sun Hung Kai Properties on the stock market is only close to 14.2 billion Hong Kong dollars.
Guo Desheng knew very well that if Li Guangyu had not brought investment companies together to deal with the two stock markets in Hong Kong, as well as the subsequent fluctuations in the Hong Kong dollar and the appreciation of the yen, how could Xiangjiang China Investment Company have so much funds to support such a huge acquisition?
.
He is very clear about the situation of his future successor. At best, he will be a conservative leader. It is probably impossible for the family to continue to expand and develop.
In the future, only by closely following Li Guangyu's footsteps can the Guo family achieve breakthrough development, and he does not have to worry about the decline of the Guo family after him.
After these years of development and seeing the legend of Li Guangyu, Guo Desheng understood that the risk of developing a single real estate industry was too high. Only comprehensive development can disperse the risks. Even if there is a problem in a certain industry, it will not be
causing irreparable losses to the family.
In order to develop comprehensively, Li Guangyu's support is indispensable. As people mainly engaged in real estate, they do not have such a long-term vision for other industries. The energy industry is okay, but in the high-tech industry, they are not very good at all.
learn.
Li Guangyu said: "I invite everyone to come here this time. First, we will discuss the establishment of a cooperation and mutual aid association. The main members will be everyone here. The members of this association are limited to Chinese and overseas Chinese in Greater China and around the world, and are mainly concentrated in business elites.
This will expand our influence.”
Although the relationship between the members of such an association is not as close as that of the alliance, its influence is very terrifying. You must know that currently in Greater China and the Chinese community, the Hsinchu Business Group jointly established by the Lee Group, the Xiangjiang Group, and several Baodao companies
The strength of the banks is very terrifying and they occupy an absolutely dominant position here. This association will only focus on them.
Those members are more of their peripheral members. Through mutual assistance, they can establish good relationships with some elites, which is more conducive to the development of several major consortiums.
Hsinchu Commercial Bank is a bank formally established in February 1985. It is jointly invested by Gu Zhenfu, Lin Tingsheng, Wu Shunwen, Gao Qingyuan and Li Guangyu. Each party holds 20% of the shares. It focuses on supporting the development of Hsinchu Science and Technology Park. In terms of loans,
At the same time, we also do angel investment.
With the support of Uni-President Group, Yulon Group, Datong Group and Lukang Holdings Group, Hsinchu Bank has jumped to the top ten banks in Baodao. It is believed that within a few years, it will become the top five large banks in Baodao.
Li Guangyu knew that the members within the consortium could not expand indefinitely, and such a cooperation and mutual aid association was a very good platform. With families like them in it, they were absorbing the Singaporean consortium, the Malaysian Chinese consortium, and some well-known Chinese entrepreneurs around the world. He
I believe that in the future, countless Chinese businessmen in Greater China and around the world will want to join us.
Zheng Yutong said: "Guangyu, I have no objection to the cooperation and mutual aid association you mentioned. It is very beneficial to Chinese businessmen. If we global Chinese businessmen can unite as one, I believe that the American consortium will not be our opponent."
The people here are not stupid. If the industries under the Li Consortium were not facing constant suppression by the American consortium and the government, Li Guangyu probably would not have set up such an association.
Just the Lee Group, the Hong Kong Group and the Hsinchu Bank Group are not enough to fight against the American group.
As for the Japanese consortium and the Korean consortium, not to mention Li Guangyu, even they cannot trust them. Currently, the competition between the Japanese consortium and the American consortium is the most fierce, so they can get along with each other in a friendly manner. Once one party chooses to give in, the Japanese consortium does not recommend a backhanded blow to them.
The reason why their relationship with the Korean and Japanese consortiums is harmonious is because the American consortium, whether it is the Japanese consortium or the Korean consortium, is similar to their industry, and will inevitably lead to competition in the end. At that time, the Lee Consortium will need enough
Strength to face pressure from all sides.
Once there is a cooperative and mutual aid association, their influence will be much stronger. There will be extremely outstanding entrepreneurs in the cooperative and mutual aid association, and they can also be absorbed into their consortium to enhance the strength of the consortium.
Other people present also agreed with Li Guangyu's proposal. The establishment of this cooperative and mutual aid association is also very beneficial to them.
Li Guangyu said: "Thank you for your support. This cooperative and mutual aid association is mainly Chinese businessmen, so I named this cooperative and mutual aid association the Chinese Businessmen Economic Cooperation and Mutual Aid Association, or Huazihui for short."