The competition between the Xinjian camp and the United camp over the auction also made other big guys see the crisis, and the auction became a personal show for these two parties.
If this continues, they will only become further and further away from the companies in these two camps, which they absolutely do not want to see.
After the auction, the leaders of several major groups, including Sun Hung Kai Properties, Henderson Land Development, Chinachem, and Chow Hing Properties, gathered at the Huafeng Hotel. Also present was Sun Hung Kai Securities Feng Jingxi.
At the dinner table, Li Zhaoji spoke out: "Today I specially invite you all to come here. The main reason is the current situation in Hong Kong. Everyone has also seen the situation today. If we do not seek changes, I am afraid that we will become unusable in the future of Hong Kong."
It’s optional.”
The other big guys are also elites, so they naturally understand the situation they are facing now. The alliance headed by the Xin Jian family has the two top families Li Jianhui and Li Guobao as the core, plus Lei Juekun, Zhang Guangwen, and Feng Jingyao are also strong.
, with its strong capital, countless companies can only avoid its edge.
The United camp has gathered many large groups such as Swire, Jardine, Hang Lung, Cheung Kong, Shun Tak, Sino and others, and is also supported by the Nanyang Consortium and even the Bryan government. They are also not able to compete with them alone.
If they want to maintain or even improve their status in Xiangjiang, they must unite and form a team that can compete with the Xin Jian Alliance and the United Camp.
Guo Desheng said: "Everyone must be aware of the composition of the American and Japanese consortiums. The current Xinjian Alliance and United Camp are a bit like Japan's Sanwa, First Quanye Bank, American California Consortium, Texas Consortium, First Citigroup, etc.
Just like at the beginning of the development of a world-class consortium.
As time goes by, the various families in the alliance have completely integrated into a whole through cross-shareholdings, joint investments and other means. If we do not unite, the business community in Xiangjiang will be dominated by these two major consortiums."
The Three Musketeers of Sun Hung Kai are originally a small group. Chinachem, Chow Hing Properties and Sun Hung Kai also have a good relationship, which is why they can sit together today.
There is no doubt about the alliance, but who is in charge here has to be said. The Xu family of Zhouxing Real Estate is an older generation of shipping kings, and it was once comparable to the four major families.
Chinachem is also very powerful. It doesn’t show off its strength, and its current real strength can definitely rank among the top ten Chinese-owned families in Xiangjiang.
Even within Sun Hung Kai's Three Musketeers, it's hard to say. The three are all about the same strength, and no one can convince the other two.
Don't think that the three of them are really so united. It's just that the three of them don't have too many conflicts of interest now. They also had a lot of conflicts over the right to speak. Otherwise, Li and Feng would not have left Sun Hung Kai to start their own business.
Feng Jingxi smiled and said: "I still have some understanding of the Xin Jian Alliance. Although they say that there are several core members, in fact it is an alliance with Li Jianhui as the core.
Many internal matters are basically decided by Li Jianhui, and even Li Guobao does not have much say.
Especially after Bank of East Asia, Xinjian Bank and even Daoheng Bank held shares in each other not long ago, Li Guobao's voice has dropped significantly.
On the contrary, for the United Camp, the shares of their core group will not change. It is more like a few joint ventures to establish new companies to promote cooperation between several parties.
Although the tightness of integration cannot be compared with that of the Xinjian family, each family is relatively independent, and I think this is more worthy of our reference."
Several others are more supportive of Feng Jingxi's suggestion. In this way, they will not worry about losing control of their core industries, and at the same time they can unite to fight against the two major forces.
After nearly three hours of communication between several people, an alliance was formally formed. The five core companies remained unchanged and jointly invested in the establishment of Huaxin Investment Company, each holding 20% of the shares. The first general manager of the company was Feng Jingxi.
The general manager changes every three years and is held by all parties in turn. Normally, several major enterprise development and investment companies do not participate. When a joint response is needed, this company will step in.
Several parties also agreed that this company would expand into other industries, such as hotels, film and television media, transportation, retail department stores, electronic semiconductors and other industries.
Since they have to compete with the two major consortiums, their main business cannot be just real estate and finance. Only a comprehensive industrial group can make them invincible.
Especially in the media area, if they don't have it, they will be at a disadvantage in terms of public opinion, which will be very detrimental to their future development.
For example, Xin Jian Department, if it weren't for the fact that they controlled Jiayi Group, how could they have stirred up the situation time and time again. Many times, a single piece of news can cause huge turmoil.
The Tai Lam Tunnel is a typical example. If the Xin Jian Department had not used the media group to arouse public opinion, there would be no way to get the MacLehose government to agree to build it.
They now have a good opportunity, that is, the Bryan government seems to be very willing to see forces rise to contain Xin Jianxie. If they apply to establish a free TV station, I believe the Bryan government will not be too embarrassed.
As long as they obtain a free TV station license, they will be able to build the third largest film and television media group in Hong Kong after Xinjian Alliance and United Camp.
Regarding the establishment of a media group, Feng Jingxi said: "I can run TV licenses, but management requires professionals. At present, the most famous companies in Hong Kong are not Jiayi but TVB and ATV. We want to find elite recruiters in Hong Kong."
I’m afraid it will be a little difficult to set up a management structure.”
"I think it would be a good idea to invite Zhou Liang Shuyi to serve as the vice president of Huaxin Film and Television Media Group and the general manager of Huaxin TV. Although her previous work experience at Jiashi does make people question her ability, but for now she is pretty good.
Moreover, she has a large number of contacts in the Hong Kong film and television industry and can help the group get up and running quickly."
Guo Desheng said: "Jingxi will be responsible for this matter. As for the hotel, Huaxin Investment Company directly finances Zhouxing Real Estate's hotels to accelerate our expansion in the hotel industry."
As for the bus, retail department store, and electronic semiconductor industries, they are not in a hurry for the time being. They will expand to these industries after these two areas have developed well.
As the wine glass was raised, another major alliance in Xiangjiang was formally formed, which also made the business community in Xiangjiang more confusing, and the competition in the future will be more intense.
The emergence of the Huaxin Alliance also prompted those big guys who were still independent to speed up the pace of the alliance.
With the continuous emergence of alliances, the business community in Xiangjiang is no longer suitable for one company to work alone, which also makes the hope of the bottom to rise more difficult.
In the future, those enterprises will have no choice but to rely on these major alliances to have a chance of development, otherwise they will only be crushed by the huge capital.