Chapter five hundred and eighty nine resolutely counterattack
At the Regal Hotel in East District, not only the big guys gathered this night, but there were also countless reporters outside the hotel.
In a small place like Xiangjiang, the fighting power of reporters is extremely strong. In any place with some reputation, there will definitely be reporters.
Once upon a time, the East District Regal Hotel may have been just a relatively ordinary hotel, but from today on, this hotel is likely to be compared with the Peninsula Hotel, Suncity Hotel, New World Hotel, Heung Wah Hotel, Shangri-La Hotel, and Sun Hung Kai Hotel.
As one after another luxury cars representing the status of the bigwigs arrived at the hotel, countless reporters pressed the shutter button of their cameras.
The only thing that makes them regretful is that they can't come forward for interviews, which makes their news less colorful.
It is difficult for the outside world to know exactly what happened at the dinner. However, the next day, news spread throughout Hong Kong that another major association was established in Hong Kong, but the name was still Nanjiang Association.
Instead, the original Nanjiang Society was renamed the Far East Society, but this name was criticized by a lot of media.
But this obviously cannot change the will of Shi Huaiya and others. Since the other party dares to name the university they established after the Far East, they naturally don't care about changing the name of the association to the Far East.
This is not the center of public opinion in Hong Kong. On this day, the actions between the Far Eastern Society and the Nanjiang Society are the focus of media reports and pursuits.
Cheung Kong, Great Eagle, Hysan Holdings, etc. have successively announced strategic cooperation with Hong Kong Bank. In the future, banking services will be gradually transferred to Hong Kong Bank. At the same time, Hong Kong Bank has also submitted an application for resumption of trading to the Hong Kong Island Exchange.
It is worth mentioning that many companies under Heung Wah Club have also announced that they will continue to cooperate with Heung Wah Bank.
It's just that for the newly born Nanjiang Society, the Far East Society will obviously not let it gain a foothold easily. On this day, HSBC and Standard Chartered successively released news, hoping that many companies under the Nanjiang Society can repay the loans from the two banks on time.
The two major groups, Jardine Matheson and Swire Group, have also successively announced that they have terminated many cooperations with enterprises under Nanjiang Hui.
At the same time, a share sale report was submitted to the Stock Exchange, involving Cheung Kong, Wireless Film and Television Media Group, Chimelong Cinemas, Shun Tak Group, Great Eagle Group, Hysan Industrial, etc.
The Tung Wah Association, New Asia Association, Sun Hung Association and Nanyang Heung Kong Branch appear to be quite quiet. It seems that the establishment of New Nanjiang Association has nothing to do with them.
Inside the Regal Hotel, there is a conference room. Today there is no Li Jianhui, no charter king, Li Zhaoji and others, only members of the Nanjiang Association.
As the president of the association, Li Chaoren said: "The main problem we are currently facing is the lack of funds and the suppression by the Far East Association. Everyone has their own thoughts on how we can develop in the future."
Although they had a communication with several major Chinese capital forces in Xiangjiang and gained recognition from several parties, they would not specifically target them, and the Xianghua Association was also willing to help them temporarily stabilize Xianghua Bank.
But they also failed to get help from Tung Wah Club and others. The same is true for Xianghua Club. The other party's subsequent banking business will slowly be transferred to De'an Bank, which is controlled by CITIC.
Now that the Far East is coming with force, the stock market and finance are all on the move, and all parties have broken off cooperation with them, putting them in a difficult situation.
As a youth representative of the Nanjiang Society, Da Liu was the first to speak: "We should also clearly realize that the current reason why the Donghua Society, Sun Hung Society, and New Asia Society remain neutral towards our establishment is mainly because they want to take a look.
Far Eastern Society's reaction.
To be more precise, they currently want to watch from afar. Once we are in a weak position, these companies are likely to jump out and join the Far East Club to carve up our market and industry.
If we want to avoid being jointly attacked by all parties, we must be resolute in our response to the Far East Association this time, and we must not have any thoughts of giving in or cutting off our flesh. Otherwise, all our industries will be forced to sell or close down, just like incense.
Same as Hua Hui.
The Xianghua Association still has a way out. If we dare to stake all our wealth in the north, we have no way out at all. Without these properties in our hands, we will not have a foothold in Xiangjiang."
The conference room fell into silence for a while. Although they had considered various possible situations before leaving the original Nanjiang Club headed by British capital, the worst situation still made them uncomfortable.
The Xiangjiang Chinese-owned family has really changed. It is no longer what it was before in the 1970s. Now, because they are also a Xiangjiang Chinese-owned family and have been suppressed by the Xiangjiang British-owned consortium, several Chinese-owned family forces will reach out to them.
A helping hand.
Even though they stated that they were willing to stand in front and compete with the Far East Association as long as they had support from several parties, they still failed to gain support from several parties.
The Xiangjiang British-funded consortium is obviously no longer the big devil that most Chinese-funded families united to resist. Their idea of using this as a reason to get help is obviously not feasible.
Stanley Ho looked at this solemn scene and knew very well that someone needed to speak up at this time to boost everyone's confidence, otherwise it would be difficult to maintain the team's popular support.
"Although the situation we are currently facing is indeed difficult, it is also an opportunity for us. As long as we withstand this round of suppression by the Far East Association, we can truly join the Tung Wah Association, Sun Hung Association and others and become one of the six local business circles in Hong Kong.
One of the major forces, and also able to enter the northern market to drink soup.
Everyone knows that if we continue to stay in the original Nanjiang Association, we will have many restrictions when entering the northern market compared with Xianghua, Donghua and other forces, and we will not be able to be on the same starting line as the other companies.
As for the Far East Council's suppression this time, we don't need to feel too much pressure. Real estate, finance and even the stock market, as long as there are no big problems with the companies themselves, the other side will have nothing to say.
As for the film and television media, we have an advantage. Now the Far East Council has to consider where the films produced by its own film companies will be released.
As for our manufacturing products, we will indeed have no channels in this area because of the discontinuation of cooperation with Wellcome Supermarket.
But we can seek cooperation with New World Department Store and Sun Hung Supermarket, both of which have been established recently and do not have many strategic cooperation suppliers. I believe these two companies will not refuse our products to enter their channels."
Later, Luo Yingshi and Li Chaoren also spoke one after another. The difficulties are only temporary and the future is bright. I hope that everyone can grit their teeth at this time, unite as one, survive this crisis together, and fight for the New Nanjiang Association and their own families.
A brilliant future.
Although these inner thoughts are not known to outsiders, at least the opinions expressed at this meeting are consistent. Whether it is for the New Nanjiang Society or for the future of their own families, they all agree to resolutely fight back against the Far East Society so that the Far East Society can know