Chapter 617 The pressure of the charter king (two in one)
Although the investments and donations made by Li Jianhui and others in Sichuan and Sichuan Province were not widely publicized, many interested people in Xiangjiang still learned some news, and various forces also held a meeting to study their own development strategies.
In the conference room of Xianghua Hotel, after Huo Yingdong briefly introduced what he knew about the situation.
The Charter King spoke out: "Whether the Bryan administration relaxed restrictions on speech and political opinions before, or this time the Donghua Association made large-scale donations and investments in Sichuan and Sichuan provinces, it shows that Britain is already weak in the negotiations, and 97 has returned to basics.
It's no longer a problem.
It is obvious that Tung Wah Club is seizing the initiative. Although it cannot be said to be a timely help, it is definitely the icing on the cake.
Although the northern market is large, it is not unlimited. In Guangdong Province, the Donghua Association's influence is already relatively strong. It can be said that the South China market will likely be dominated by the Donghua Association.
And now the other party has invested heavily in Sichuan and Sichuan Provinces and is dominant here, which means that the southwest market has also become the back garden of Donghuahui.
The East China market has always been our advantage, but during this time Donghua will also increase investment there. The president of Taoda Group has gone to Ludao to inspect the market. Golden Princess Cinema is also continuing to expand in the East China market, and Huangpu Shipping is also
Communicate with the Shanghai Municipal Government on port joint venture matters.
On the contrary, our investment in East China cannot keep up with the Donghua Association. Fortunately, many of our hometowns are in East China, so we have an advantage over the Donghua Association in this regard.
As for the North China market, we have a joint venture with the Beijing International Trade Center Building. Looking at the Donghua Club, the Fang Yushi Group has established a joint venture with BAIC to produce high-end cars, and Xiangjiang Aircraft Engineering Company has established a joint venture with the Beijing Airport to establish a maintenance company.
Everyone, we must be more proactive in developing our manufacturing and production industries. I do not hope that one day Xianghua will be able to survive only by relying on mainland policies and the real estate industry, as Li Jianhui said.
A consortium like the Tung Wah Association, which has a strong desire for control, dares to finance enterprises with development potential in the mainland. Can't we?
…”
Those present knew very well that as their businesses gradually withdrew from the Hong Kong market, the only place they could rely on was the mainland market.
If it still cannot gain a foothold in the mainland market, then the decline of its own family will be inevitable, the Xianghua Society will be completely kicked out of the upper class circles of Xiangjiang, and their decades or even generations of hard work will be ruined in one day.
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Wang Kuancheng, who is from Yongcheng like the charter king, said: "We have been forced into a corner now. If we still want to prevent our family from being kicked out of the wealthy circles of Hong Kong at this time, we should have the courage to burn the boat.
We can not care about the southwest market, and we can ignore the northern market for the time being. In the south China market, there are Tung Wah Club, Sun Hung Club, Xin Asia Club, and Nanjiang Club competing for it, so we can also temporarily avoid it.
But the East China market is where many of us are from, and it is also the only market where we have an advantage in competing with the East China Association. We absolutely cannot give in anymore.
I suggest that in the near future, we also organize an investment inspection team, focusing on Ludao, Yongcheng, Lin'an, Jinling, Shanghai, Qindao and other major cities in East China."
Tian Yuanhao, chairman of the board of directors of Wantai Garment, has been doing pretty well during this period. Although he currently mainly earns RMB, his business volume has grown rapidly because his clothing can be directly sold domestically.
From working half-time and half-time when he was suppressed by the Donghua Association, now working overtime has become the norm. In order to solve the problem of insufficient production, he has recently planned to expand the production plant.
Originally, he planned to keep it in Pengcheng, but since everyone hopes to focus on entering the East China market, and his hometown is also the Shanghai Stock Exchange, he expressed his intention to put the new production workshop in Ludao.
Cao Guangbiao, who is from Yongcheng like the charter king, also expressed his plan to build a printing and dyeing factory in Ludao.
Some people who do not own manufacturing industries also expressed their reasons for investing in some relatively powerful enterprises in East China to achieve mutual benefit and win-win results with East China.
Seeing that everyone was willing to invest in the East China market, the chartering king was relieved. As the helmsman of the Xianghua Club, he was the one under the greatest pressure.
In recent years, whether it is the Donghua Society or other major forces, the industry has been expanding and growing at a rapid pace. However, the Xianghua Society has suffered from joint suppression by several parties. Not only has its strength not increased, but it has regressed.
He knew very well that if the Xianghua Society wanted to make a comeback, the only way was to invest heavily in the northern market. In order to seize the opportunity, he even did not hesitate to make heavy bets and persuade the members of the Xianghua Society.
What only made him uncomfortable was that the Donghua Association under the leadership of Li Jianhui seemed to be lukewarm towards the north, and repeatedly talked about business, but in the end, it paid more attention to the market there than he did.
Moreover, while entering Guangdong and Sichuan and Sichuan provinces on a large scale, they are also entering the East China market on a large scale, and they have not stopped suppressing their Xianghuahui companies.
In terms of cinema layout, there may not necessarily be a Kowloon Cinema next to the Golden Princess Cinema, but there will definitely be a Golden Princess Cinema next to the Kowloon Cinema.
In terms of clothing and textiles, it can be said that Donghua Hui and Xianghua Hui are the biggest rivals in the northern market.
Although Hongyu Clothing and Xinyang Clothing, the two major clothing leaders of Xianghuahui, have not entered the low-end and cheap market, in recent years, driven by Donghuahui, especially the transactions between Donghuahui and Huayue Group, many pro
Tung Wah Club personnel entered the low-end clothing industry.
Now, because these garment companies are endorsed by the Donghua Association, they have also chosen not to transfer profits out of the country for twenty years. Therefore, they can also sell directly domestically and are competing with them for the market in many provinces.
After the meeting, when only Huo Bao and Huo Bao were left, Huo Yingdong said: "Yugang, don't put too much pressure on yourself. I believe that with the continuous development of the northern economy, the situation of the Xianghua Association will gradually improve.
As for the Tung Wah Club, because of the monster Li Jianhui, it is difficult for us to compete with them.
Now, all our focus has shifted to the mainland, and there are not many industries that compete with the Tung Wah Association.
To be honest, I'm afraid that Li Jianhui doesn't take our Xianghua Club seriously at all. In his heart, only the top financial groups in Europe, America and Japan can take notice."
Naturally, the chartering king also knows how much the Xianghua Society has. Looking at the other major forces in Xiangjiang, the Donghua Society has not specifically targeted them at all since its rise.
The Xianghua Society is the only one that can be targeted in Xiangjiang. This is not to say that the Xianghua Society is stronger than the major forces in the Far East, Xinhong, Xinya, and Nanjiang. It is mainly because of their relationship with the north.
And even so, the chartering king also knew very well that the Donghua Society actually had no intention of putting the Xianghua Society to death, otherwise they would not be able to easily sell off the properties in their hands to collect funds.
"Yingdong, it's not that I don't know, it's just that I always feel ashamed in my heart to join these members of the Xianghua Society. I think back on when each family was a famous family in Xiangjiang, but now it's getting worse every year.
Looking back at the Tung Wah Association, the first ten recognized families in Hong Kong were only the Xin Jian Li family and the Dong Ya Li family.
Now these two families firmly occupy the top two positions. The Lei family of Kowloon is also ranked third, the Zhang family of Guanghua has also entered the fifth place, the Guo family of Yongan, the Wang family of Xinbin, the Li family of Xinyang, and the Feng family of Daoheng are also ranked
Entered the top twenty.
Let me not mention that Yinxiang still had his place in the top twenty even if he couldn't make it into the top ten a few years ago. Now he has no idea where he has fallen. The thirty major families have long since lost his place.
Guangbiao was also not much better than Yinxiang, and also fell out of the top thirty families.
If we had followed some of our previous rules, this would have fallen out of the second-tier wealthy families. Even though it still has the title of a wealthy family, it is no longer considered a wealthy family."
Hearing this, Huo Yingdong also felt sad in his heart. In the past, there were generally only four or five top wealthy families, about ten first-rate wealthy families, about fifteen second-rate wealthy families, and about twenty third-rate wealthy families.
But because Xiangjiang is so big, the third-rate wealthy families are no longer considered wealthy families. The only families that are truly considered wealthy are the top thirty families.
However, due to the rapid economic development of Xiangjiang in recent years, some default rules have also been adjusted.
There are generally ten top wealthy families now, which is the top ten families released every year. Each of these ten families has assets exceeding 10 billion Hong Kong dollars.
The first-class wealthy families are those with assets exceeding HK$5 billion, including the Yongan Guo family, Xinbin Wang family, Xinyang Li family, Yongheng Feng family, Bao family, Lai Sun Lin family, Far East Qiu family, Hang Lung Chen family, Wanbang
Cao family, Huaguang Zhao family, Zhou Xing Xu family, etc.
The second-rate wealthy families have family assets of more than 2 billion Hong Kong dollars, and there are even more among them, including the Shixin Liu family, the Yuen Long Zhang family, the Desheng Pan family, the Hopewell Hu family, the Yongxin Cao family, the Dongfang Dong family, and Asia Business
Chen Jia et al.
As for the third-rate wealthy families, the threshold is relatively low, and the standards are also different. Some are considered wealthy if their assets exceed 500 million Hong Kong dollars, and some are considered wealthy based on one billion Hong Kong dollars. Those at the top do not take these families too seriously.
Of course, there are also some powerful people who have not been included, such as the Xinhui Chen family, Tianshui Pan family, Yongsheng Xiang family, etc. Although these families have transformed and have relatively strong capital, they are still not well recognized.
These wealthy families are not only rich, but also have strong influence. For example, among the top ten families, each person at the helm is either an unofficial member of the Executive Council or an unofficial member of the Legislative Council.
Moreover, many family helmsmen serve as presidents of certain industry associations, and have a strong voice and influence in this industry.
Not only has the industry of Xianghuahui not been developed, but its influence is also not what it used to be. In many industries, Xianghuahui no longer has a say.
The Far Eastern Association and Donghua Association have the right to speak in finance, the Donghua Association also has the right to speak in real estate, and the leadership of the Textile Industry Association is still in the hands of Donghua Association.
As for the newly established Electronic Semiconductor Association, most of its members are members of the Donghua Association or pro-Donghua Association members.
The industrial associations in Hong Kong involving various industries have also been dominated by the Tung Wah Association after the change this year. Not only is the president Wang Shanbin, a member of the Tung Wah Association, but the Tung Wah Association also strongly occupies two of the three vice-presidents, namely Hua Hua.
Yang Chengbin, President of Core Technology Group, and Xu Hongfei, President of Taoda Group.
As for the three previous conferences, the Heung Kong Real Estate Construction Chamber of Commerce has become history and has been replaced by the Heung Kong Real Estate Association. No longer only people in charge of Chinese-owned real estate can join, but all corporate headquarters in Hong Kong can join.
The first president was Zhang Guangwen, and the vice presidents were Li Zhaoji, Li Chaoren, and Zheng Yutong. The managing directors included the top 20 people in charge of listed companies in Xiangjiang Real Estate, and Gan Qinglin, the president of Xinjian Real Estate, was also included.
As for the Xianghua Association, no one has become the managing director. He, the charter king, Hu Yinxiang, and Wang Kuancheng are just ordinary members of the association. He has changed from being a leader to being dispensable now.
Although the Jockey Clubs in the other two major conferences are still prosperous, they have long lost their former power and are now more of just a communication platform for people who love horses.
The Yacht Club is already in disarray. Although it still exists, it no longer has much cohesion. Many yacht owners have even stopped joining the association. Li Guobao became the first member to withdraw from the association.
Looking back on the development of the past few years, Xianghua Club can no longer be described as a failure. If anyone is responsible for this, then it must be him and the charter king.
People tend to compare. If the members of the Xianghua Society have no ideas, I'm afraid no one will believe it. Now it's more because several major forces have already taken shape. Once you get on the boat, you can't do it just by thinking about it.
He can also understand the inner feelings of the Charter King, and he can also understand the contribution of the Charter King to the Xianghua Club.
If he hadn't wanted to twist the Xianghua Club into a tightrope, why would the chartering king have sold the global shipping business he had been running for half his life? It would be even less likely that he would have lost Wharf due to financial problems.
"Yugang, I can't blame you. I can only say that luck is not on our side, and we didn't expect that we would be targeted by all parties because of our tendency.
These forces do not have any views on the north, but hope for a relatively fair competitive environment in the northern market. However, we have become the biggest obstacle in the eyes of these forces.
Maybe this young man is just an ordinary villager in Diao Keng Ling, or maybe without Li Jianhui's appearance, our Chinese-owned family would still be relatively united."
The pattern of big topics has not changed much in the past few decades. Since Li Jianhui began to appear in the public eye in 1977, the situation has changed beyond most people's imagination.
Two of the four major foreign banks that had been suppressed by Chinese capital for nearly a century were acquired and two were suppressed. British capital and Chinese capital began to deviate from each other. From then on, Chinese capital began to stir up the situation.
The establishment of Tung Wah Association also promoted the alliance of major families and officially entered the era of business consortiums.
In just a few years, countless families have risen and even reached the top ranks of wealthy families, while countless families have also declined.
Among the four major families, He, Li, Li and Gao, the only ones left in the top ranks are the Li family of East Asia and the He family. The former new and old shipping kings, the Dong family, have plummeted, and the status of Bao Xu, Zhao Cao has also plummeted.
There used to be five real estate giants, Sun Hung Kai is still strong, Cheung Kong is coming from behind, Dah Chong has become a subsidiary of Henderson, and Hang Lung is developing steadily. Only Hopewell Industrial has been going around for six or seven years, and its market value is not even compared with these large real estate companies.
Some medium-sized real estate companies have also left it behind.
It's a pity that the chartering king doesn't think that the reason why Xianghua has developed to what it is today is because of Li Jianhui, but that the development direction of Xianghua Club was wrong from the very beginning. It's just that he couldn't say some things directly, so as not to hurt the relationship between the two.
But now that it has come to this point, he can only try his best to remedy the situation. This time, he proposed investing in the manufacturing industry in the East China market to help these companies develop better and even promote the products of these companies to go overseas.