On the morning of the second day of the wedding, Li Guangyu, the shareholders behind the Hong Kong Bank Consortium and Hsinchu Commercial Bank discussed the development of 2001 in the conference hall of the Peninsula Hotel on Phoenix Island.
Li Guangyu said: "This year, our main market will still be the mainland market, and secondly, we will focus on getting involved in the energy market. With the rapid development of the mainland, the demand for both oil and steel is growing rapidly. Now is the time to enter."
In the development of East Africa in recent years, not only Xingyuan Group and Husky Energy Company under the Li Group have entered East Africa, but Xiangjiang Energy Group under the Heungkong Bank Group and Hsinchu Energy Group under the Hsinchu Commercial Bank have also entered East Africa.
It has multiple oil fields and non-ferrous metal mines.
In Western Australia, it is now known as Australia's six major mining companies together with Rio Tinto, BHP Billiton, Star Group, and GLE (controlled by a Japanese consortium).
At the end of last year, the mainland officially joined the WTO. Its economy will develop faster. Coupled with the real estate reform and the elimination of the housing allocation system for civil servants and enterprises and institutions, the mainland's real estate development has ushered in a period of rapid development.
This demand for steel bars is very large, which in turn drives the demand for iron ore. After nearly two decades of existence, the global unit price of iron ore has begun to rise again.
In terms of oil prices, due to the continuous expansion of the mainland's automobile market and the relatively good global economic development, oil prices have also begun to rise.
There are already many companies under the major consortiums, and many industries have reached bottlenecks. If they want to achieve greater development, they can only continue to look for new breakthroughs.
Take the current Internet industry, for example, which is also one of the key focuses of the three major consortiums. There is also the retail market. For more than ten years, the three major consortiums have been attaching great importance to it and strive to occupy more markets.
The other is to invest in basic industries and tourism, especially in urban gas, electricity, tap water, communications and other industries, which are industries with low risks and stable returns.
Now several major consortiums have passed the stage of risking their lives for a little start-up capital. They have enough funds to make these large-scale investments, and they have time to wait for the returns brought by these projects.
In addition, the three major consortiums officially entered the grain and oil industry in 1995 and established the Southeast Grain and Oil Group. They spent huge sums of money to purchase farms in Canada and Australia and practice grain cultivation, so that they would not be controlled by others in terms of grain and oil.
At this stage of development, Li Guangyu has very few people who can give guidance. Now every year's development is discussed and planned together by everyone to promote the continued development of these industries.
The major financial groups in the East are different from the West. The West controls the core technology and can let its forces take responsibility for other aspects.
Whether it is Li Guangyu and his three major consortiums, the six major consortiums in Japan, and several major consortiums in South Korea, they all hope that every industry can form a closed loop.
From main raw materials to product processing to final product sales, these consortiums in the East hope to be in their own hands.
Zheng Yutong said: "I support Coslight's proposal to focus on investing in energy. With the rapid development of the mainland, the demand for these two items will inevitably rise. Investment in this area has been profitable in recent years."
In addition, I personally recommend increasing investment in mainland CBD and establishing a large-scale CBD in major provincial capital cities in mainland China, as well as important economic cities in East, South and North China.
As the mainland's economy continues to develop, the demand for commercial office buildings continues to rise. We invest early and benefit early, and the cost is relatively low."
Most of them are real estate tycoons and naturally know a lot about this aspect. They all agree with Zheng Yutong's proposal and plan to start building 15 more CBDs within five years, with an estimated investment of 1.5 trillion yuan.
The reason why the investment is so huge is because Li Guangyu and others want every CBD they build to become a new local landmark and new center.
This round of CBD construction will include many important economic cities along the coast and provincial capital cities in the mainland. It is generally not a loss to build CBD in these places, and even a fire sale in the future will be much easier.
After that, everyone also discussed the development of the Internet industry. The focus is still on the mainland market. The reason why we discuss it separately is that everyone knows that the future development of this aspect in the mainland will mainly rely on mainland Internet companies, Hong Kong, Baodao and even British Internet companies.
It's untenable to get in.
This means that if they want to share this huge cake in the mainland, they must invest in mainland Internet companies. Although they have no decision-making power, their annual profits will not be less.
At the same time, we must also suppress Internet companies invested by capital from the United States, Japan and other countries to seize more market share.
It was the first time for Li Songtao to participate in such a meeting. He could only listen quietly and had no right to speak at all.
Not only him, but also Li Jiajie and others who already control the family business. Currently, the main people talking here are Li Guangyu, Li Zhaoji, Zheng Yutong, Li Ka-shing, Gu Zhenfu, Lin Tingsheng and others.
They are currently only listening, and it will take a few years before they can really make the decision.
After Li Zhaoji and others completely retire, that will be their stage. Now these big guys have not fully taken care of themselves.
As long as they still attend such meetings, not to mention Li Jiajie and others, even Li Guobao and Feng Yongxiang do not have much power to speak. Most of the time they can only listen to the discussions between Li Guangyu, Li Ka-shing, Zheng Yutong and others.
While Li Guangyu and the others were discussing, Cao Weiqing and Zhang Ziyu also held a Bentley Island high-level meeting on Bentley Island.
The focus of this meeting is the new round of land reclamation plan for Bentley Island. This time it is planned to reclaim 100 square kilometers of sea and land, with an estimated investment of US$100 billion and a planned construction period of 10 years.
Once the plan is completed, the land area of Bentley Island territory will reach 170 square kilometers, equivalent to the land area of five Lisboas, enough to accommodate millions of people living on it.
Only the Li Group is so wealthy and spends such a huge amount of money on land reclamation.
This time the reclamation area is still based on the reclamation area between the north of Bentley Island and Suzaku Island, and is expanded to both sides. This will make construction a lot more convenient, and it will also make the main island of Bentley Island Territory larger, and it will also be conducive to the development of Bentley Island Territory.
Construction planning.
Bentley Island's top management naturally supports the consortium to continue reclamation, so that Bentley Island's future development will have greater potential.
Compared with the land area of more than 1,000 square kilometers in Xiangjiang, the current land area of more than 70 square kilometers in the Bentley Island Territory is too small. If it were not for the preferential care of this area by the Li Group, the Bentley Island Territory would not have much development prospects at all.
Word.
A new round of land reclamation of 100 square kilometers will be completed. Although it still cannot compare with Xiangjiang, it is already good compared with the urban area of some mainland cities. The development of Bentley Island will also have more room for maneuver.
Some industries and organic agriculture can also be developed here to attract more people to settle in Bentley Island Territory.
In fact, the senior management of Bentley Island very much hope that some important R&D institutions of the Lee Group will be built on Bentley Island to increase the heritage of Bentley Island.
It is a pity that the current development of Bentley Island is far from being comparable to that of Xiangjiang, and this idea cannot yet be realized.
When one day some of the headquarters of the Lee Consortium are located in the Bentley Island territory, that will be the time when the construction of Bentley Island is successful.