Now that the storm has moved, Li Yuhang will naturally not stop. On November 17, that is, Monday, Hu Lecheng, vice president of Jianan Supermarket Group, held a press conference in Mong Kok, Hong Kong, announcing that Jianan Supermarket Group has officially entered the market.
Heung Kong Market plans to open the first ten supermarkets in Mong Kok, Central, Shatin, Tseung Kwan O, Tsuen Wan and other areas.
At the same time, Xu Tingwei, executive vice president of Lingjiang Electrical Appliances Chain Group, held a press conference in Hung Hom, Xiangjiang, announcing that the group had officially entered the Xiangjiang market, with the first batch of 30 community branches planned, and a Lingjiang Electrical Appliances hypermarket in Hung Hom.
This is not over yet. On the same day, Yang Tengyuan, executive vice president of the IKEA convenience store chain group, held a press conference in Kwun Tong, Hong Kong, announcing that IKEA convenience stores have officially entered the Hong Kong market. The first batch of 50 convenience stores will be deployed, and its goal is directly to the Hong Kong 7
-11 and left.
Because the three major groups are in different positions, those who don’t know the inside story may just think that it is just a coincidence that the three companies entered the Xiangjiang market at the same time, and it is unlikely to link the three companies together.
Only the upper class circles in Xiangjiang know that these three companies are actually one. The three major retail groups entered the Xiangjiang market at the same time. Their purpose is self-evident. They obviously want to seize market share from Hutchison Whampoa and Jardine Matheson Holdings and make Xiangjiang's current retail sales
The competition between two heroes in the market has turned into a tripartite confrontation.
Regardless of Jardine Matheson or Hutchison Whampoa, they obviously don't want Canaan to gain a foothold in the Xiangjiang market. Despite the fierce fighting between the two families, when there are outsiders, they will unanimously deal with the outside world.
In places like Xiangjiang, world-class retail groups have entered before, such as Wal-Mart and Carrefour. Without exception, these companies eventually failed and exited.
Although the Jianan family entered this time with a strong force, neither the Keswick family nor Li Chaoren were worried at all. Whether it was Hukang Supermarket or Watsons, both companies had rich experience and knew how to deal with foreign retail companies.
, they don’t need to worry about it at all.
Moreover, the three companies have only announced their entry, and none of them have a store yet. It is still very early for the official opening, and the senior management of the company has enough time to formulate a sniper plan.
However, Li Yuhang obviously had no intention of stopping. On the second day after the three major retail companies announced their entry into the Hong Kong market, Xu Xinrong, general manager of Xinyu Investment Company, held a press conference. The company had acquired 23.6% of the shares of Jiahe Film Company, officially
Became the largest individual shareholder of Jiahe Pictures.
Although Xiangjiang Film has entered a period of decline in the past two years, the Xiangjiang Film Industry is still strong in Asia. Although Jiahe's market value has also plummeted due to the financial crisis, its current total market value in the market is still as high as 1.64 billion Hong Kong dollars.
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Since Golden Harvest attracted a lot of capital to compete with Shaw Brothers during its establishment, Golden Harvest's equity is very dispersed. Currently, the largest shareholder is Zou Wenhuai, with 18.6% of the shares.
As for the second largest shareholder, it was formerly a descendant of He Guancang, but this part of the shares has been acquired by Xinyu Investment Company.
This year, the biggest blow to Jiahe was the death of Mr. He Guancang, one of the founders of Jiahe and the company's second largest shareholder.
This descendant is not interested in the film industry, and the film industry has begun to decline in the past two years, so he naturally wants to sell his shares.
Xu Xinrong again offered a price that satisfied the other party, and the deal was naturally concluded.
Regardless of whether the Xiangjiang film industry has gone into decline, Jiahe has been deeply imprinted in the minds of Xiangjiang citizens in the past thirty years. Jiahe has produced many film and television superstars, such as the current Cheng Long and Hong Jinbao.
Suddenly, the largest shareholder of Jiahe was replaced. Although Zou Wenhuai was not the controlling shareholder, if Zou Wenhuai had the support of other shareholders, Xinyu Investment Company would not be able to gain control of Jiahe.
But looking at the posture of Xinyu Investment Company, it is obvious that it has no intention of being satisfied. Looking at Xu Xinrong's words at the press conference, it is well known to everyone that it is determined to make a forced purchase.
Just saying this is not enough to cause shock in all walks of life in Hong Kong. At this press conference, it is not just about becoming the second largest shareholder of Jiahe.
Xu Xinrong once again announced a piece of news that shocked the film and television media industry. Even the ATV reporters here felt confused.
ATV, one of the two major free-to-air TV stations in Hong Kong, changed its owner after being run by Lin Boxin for seven years. The new owner is Xinyu Investment Company.
And this time Xinyu Investment Company spent 800 million Hong Kong dollars to fully acquire ATV and control 100% of the equity.
Just when the reporters present thought it was over, Xu Xinrong once again broke a big news, and Xu Xinrong once again dropped a blockbuster.
Xinyu Investment Company has reached an agreement with Guoco Group to fully acquire Dao Heng Bank from it at a cost of HK$12 billion. It has now reported it to the Hong Kong Monetary Authority and is waiting for approval from the Hong Kong Authority.
What does it mean to shock the world as soon as it makes a move? Xinyu Investment Company let the outside world know today, especially Dao Heng Bank, which is one of the very famous Chinese banks in Hong Kong. In terms of reputation, it is only slightly lower than the Bank of East Asia.
Now this bank has changed hands without any fanfare and has become a wholly-owned bank under Xinyu Investment Company.
At the same time, reporters from major media were also surprised by the financial strength of Xinyu Investment Company. Although this company has a history of several years, they only paid attention to it when Jianan Supermarket Group was listed.
Then, starting last year, there was some concern about it, but they were focused on the general manager of this company, Xu Xinrong, the queen of heaven in the Internet industry, and did not care much about this investment company.
It wasn't until today that they began to take this investment company seriously. Its financial strength is no less than that of the top ten families in Hong Kong.
Not counting the loans of Xinyu Investment Company, just the shares controlled by Xinyu Investment Company that are known to the outside world, plus what was announced today, the assets of Xinyu Investment Company reach nearly 50 billion Hong Kong dollars.
And with the soaring market value of ICQ on Nasdaq, it is only a matter of time before Xinyu Investment Company becomes a company with assets of over 100 billion Hong Kong dollars.
Investors all over the world are going crazy when they see the Nasdaq stock market. It is rising so fast. The market value of major Internet companies is rising every week. Currently, Yahoo's market value has exceeded 15 billion US dollars, and ICQ is not lagging behind.
In just a few months, it exceeded 10 billion US dollars.
The craziest thing is Cisco, which has soared very quickly and has a market value of over 150 billion US dollars.
If it weren't for Li Yuhang's current funds to expand his own industry, he would definitely mobilize a group to buy some potential stocks.
The major wealthy families were very uneasy today. In the evening, the wealthy families in Xiangjiang had gatherings from various circles, and what they discussed together was what happened today.
This guy who has been diving in Xiangjiang for more than half a year finally showed his fangs today and let them know what it means to be okay if he doesn't move, but to shock the world if he moves.
The main industries in Xiangjiang are finance, real estate, film and television media, and retail services. As soon as Li Yuhang took action, all four industries were involved, instantly giving him the strength to be on par with them in Xiangjiang.
You must know that whether it is Daoheng or ATV Golden Harvest, these have a profound foundation in Xiangjiang, and establishing a new company cannot compare with them.
If it could be said that Li Yuhang was just a dragon crossing the river before, now the opponent has become a tiger on the ground. What kind of attitude will be adopted towards Li Yuhang next? This is an issue for various circles to discuss.