Before Mr. Rong could find Li Jianhui, a piece of news shocked public opinion.
Swire Group Chairman Swire Swire made an announcement through East Asia Television that Cathay Pacific Airways has officially completed the change of registration location and the transfer of its headquarters.
Cathay Pacific is registered in Donghua Territory, and its headquarters is not in Sydney, which has been rumored in the past two years, but in Kuala Lumpur.
Although Cathay Pacific has not had as strong an influence as it once did due to the rise of Xiangjiang Airlines in recent years, as the first aviation company in Xiangjiang and one of the top airlines in Asia, its influence is still very huge.
It’s just that today is not destined to be a peaceful day. Shortly after the Swire Group issued the announcement, Huangpu Holdings announced that it had reached an agreement with a number of funds to fully sell Debao Trading Company. From now on, Debao Trading Company will no longer be a subsidiary of Huangpu Holdings.
company.
At the same time, it also announced that in order to reduce environmental pollution in Xiangjiang, the steel production base in Xiangjiang will be gradually closed down.
In order to better develop the business of Huangpu Iron and Steel Group and better manage its industries, the headquarters of Huangpu Iron and Steel Group will be transferred to Nanxin City, where the group's core production base is located.
If the relocation of the headquarters of Cathay Pacific Airways is only used as a talking point by all walks of life, then the relocation of the headquarters of Huangpu Iron and Steel Group has shocked all walks of life.
The stock market was the quickest to react. Not only did the share prices of Cathay Pacific Airways and Whampoa Steel Group plummet, it also triggered a chain reaction, implicating dozens of companies, and the Hang Seng Index and East Asia Index also suffered heavy losses.
However, it is obviously not over yet. Global Shipping announced through TVB that in order to reduce competition in the Hong Kong shipping market and to better develop the group in the ASEAN market, the group headquarters will be relocated to Sin Chew.
Hongya Airlines also announced on this day that for its own better development, the company's headquarters will be relocated to Bangkok. In the future, it will focus on developing routes from major cities in ASEAN and major cities in ASEAN to major cities in East Asia.
Announcements made on this day include Wellcome Supermarket, Far East Shipping Group, Nanhua Automobile Company, Jardine Land Group, Swire Beverage Company, Jiehua Daily Chemical Group, Donghua Machine Tool Company, Donghua Garment Trade City Development Company, etc.
These are only listed companies. It is not known how many unlisted small and medium-sized enterprises will choose to relocate their headquarters.
Originally, last year's financial reports of major listed companies were about to be released. In addition, the property market in Hong Kong has risen rapidly in the past six months. Even due to the black swan impact of the Falkland Islands incident, the three major stock markets in Hong Kong are still rising overall.
As a result, today, because of this series of announcements, Black Friday was officially called. Fortunately, the stock market had already closed when many announcements were released, otherwise the decline would have been even worse.
In Rong Zhixin's living room, watching this piece of news, Mr. Rong said angrily to Rong Zhixin beside him: "Rong Zhixin, tell me, what exactly do you want to do? This is to express dissatisfaction and counterattack against us.
Do you know the consequences of doing this?"
"Fourth Uncle, it's useless for you to be angry with me. This matter has nothing to do with me, and I don't have that much ability.
And what these companies said is correct. You are also aware of the development speed of ASEAN in recent years. They are doing this just for the better development of the industry and to earn more benefits for themselves.
Take aviation companies as an example. With the rapid development of Xiangjiang Airlines in recent years, Cathay Pacific and Hongya have nothing to do in the Xiangjiang market, and the two companies are now forced to do so."
Faced with Rong Zhixin's smiling and aggrieved expression, Mr. Rong became even more furious inside.
He immediately reprimanded: "It's your fault or our fault, you didn't do anything wrong, right?
More than a dozen listed companies announced the relocation of their headquarters on the same day. Don’t you know how influential and destructive this will be? Even if your corporate headquarters is to be moved, can’t it be delayed for some time?
I think you are dissatisfied that we do not provide you with the development space to become a consortium or even a chaebol, so you have come up with this to show us.
Do you have the same idea as Li Jianhui and others, that you don’t want to leave me here, you have your own place to stay, and you also plan to move your whole family to ASEAN?”
"Fourth uncle, have some tea and calm down the fire. I have no plans to move. This is the root of my branch. It will be better for me to stay here and develop.
And you are thinking too much. We are just powerless businessmen. We dare not stir up trouble. This time we probably bumped into each other without any prior communication.
For example, Hong Asia Airlines planned to relocate its headquarters to Bangkok as early as September last year, focusing on developing routes to major cities within ASEAN.
In this regard, it should be noted that Xiangjiang Airlines mainly develops cross-border routes in ASEAN, especially ultra-long-distance routes, such as routes from ASEAN to Europe and the Americas. Hong Asia Airways will not face much resistance when entering the internal development of ASEAN.
But you need to be aware that if you want to enter the ASEAN internal aviation market, there are conditions. That is, the airline headquarters must be within ASEAN.
In this regard, I believe you should understand the reason. Compared with the North, ASEAN's requirements are actually low, and there is no requirement for government holdings or shareholdings.
"The Point Guard Is Here"
And we are just trying to protect ourselves. To say something disrespectful, I would like to ask my fourth uncle, how much of our Rong family’s ancestral heritage have you retained?
Don’t forget that our Rong family is a business family, not a Zhengzhi family. When you and my father and the other six brothers stayed in the north, our branch came to Xiangjiang, and the other branches were in Baodao, Australia, and the United States.
Brazil, you shouldn’t understand what all this is for?
Not to mention that we don’t have any thoughts of transferring our family to ASEAN at present, even if we do, it is just for the better development of the Rong family and for the inheritance of the blood of the Rong family, so why am I wrong?"
Rong Lao was speechless for a long time. He did not expect that his nephew would refute him like this. He also understood the core of the problem this time.
Family is the core of China's development from generation to generation for thousands of years, and it is obvious that the business elites represented by Li Jianhui and others do this. Family interests are above all else in the hearts of these people.
And his nephew is obviously a fellow traveler of Li Jianhui, and also hopes to revive the glory of the Rong family.
Because of his own branch, it is also destined that his nephew's branch cannot be closer to the north. This is a typical example of eggs that cannot be put in one basket. Li Jianhui is also doing this. Chen Xinyi's fifth daughter and her children's household registration
All in one country.
He is not qualified to criticize Li Jianhui and others, or even reprimand Rong Zhixin, because he is from the Rong family, and the Rong family did this decades ago.
He said nothing more to Rong Zhixin, stood up and left. He needed to discuss with Mr. Liao and Li Jueshen immediately, and at the same time communicate with the superiors to see if it was necessary to continue to stay in Xiangjiang.
At this time, Mr. Liao and Li Jueshen were holding a meeting. Today's events also caught them off guard. They did not expect that the business community would be so reckless and ignore its impact.
Now the pressure has shifted to their heads. The stock market crash is just the beginning, and I am afraid that more problems will arise in the future.
If they don't come up with an effective method as soon as possible, extremely serious consequences will occur.