Crossing the Hong Kong River: Empire of Wealth

Chapter 528 Joint Suppression
With the support of billion Hong Kong dollars, Wing Lung Bank has stabilized the situation, and Honghuahui companies in the stock market have also rebounded.

That night, the HSBC Charity Gala was held in the Banquet Hall of the Peninsula Hotel. There were many bigwigs present at the gala, including all members of Nanjiang, Xinhong, Xinya, Donghua and Nanyang Associations in Xiangjiang.

It’s just that the organizers didn’t know if it was intentional. Not a member of Xianghuahui attended tonight, even the charter king who had a very good relationship with HSBC did not come.

Moreover, the hosts of this show are also very attentive, Zhao Yazhi from TVB, Zhang Guorong from ATV, Zhou Xiaoyan and Huang Haibin from Jiayi, Mei Yanfang from Far East, Huang Liqi from Xinhong, and several other artists participated for this charity gala.

Whether this is just an ordinary charity gala, or whether several parties are taking this opportunity to discuss and cooperate, other than these people, it is difficult for the outside world to know, but Xianghuahui seems to be getting more and more nervous.

On the morning of the 8th, Donghua Mobile Communications issued an announcement that the company spent 40 billion Hong Kong dollars to acquire Hongkong Telephone Company, including the headquarters building of Hongkong Telephone Company.

At the same time, Xinjian Holdings, Sun Hung Kai Holdings, and New Asia Holdings held a joint press conference to acquire Hong Kong Water Supply Company at a cost of HK$50 billion.

Among them, Xinjian Holdings invested 20 billion Hong Kong dollars, accounting for 40% of the shares, Sun Hung Kai and New Asia respectively contributed 15 billion Hong Kong dollars, each accounting for 30% of the shares.

Zheng Huasheng, the general manager of Debao Trading Company, was appointed as the president of Xiangjiang Water Supply Company, and Guo Bingxiang, the eldest son of the Guo family of Sun Hung Kai Properties, and Lin Jianmin, the eldest son of the Lixin Lin family, served as the vice presidents of the company.

And on the same day, TVB, ATV, Far East, Sun Hung, and Jiayi announced at the same time that the 1983 Chinese New Year Gala will be jointly held by Wutai, and the venue will be in the Xinyi Pavilion.

In the following two days, news of mutual cooperation among the industries under the several major associations spread from time to time. Products under the Nanjiang Club, Xinya Club, and Xinhong Club entered the Donghua Club channel. Purchase Tung Wah Club products.

In an instant, earth-shaking changes have taken place in the Xiangjiang business community. Once all parties jointly targeted the Nanjiang Club, and after a period of time they fought independently, but now several parties jointly targeted the Xianghua Club.

At the beginning, Nanjiang was targeted mainly because of its strong strength and its background of British capital, so it was inevitable that it would be jointly targeted by several other parties.

But now the strength of the Donghua Association is far superior to that of the Nanjiang Association. It stands to reason that several parties should jointly target the Donghua Association, but the result is just the opposite. Instead, the weakest Xianghua Association has been jointly targeted and suppressed by several parties.

While strengthening mutual cooperation, several parties have completely cut off the cooperation with Xianghuahui enterprises and isolated Xianghuahui enterprises. This is something that should never happen in Xiangjiang.

The actions of several major associations are obviously more than that. All the real estate development properties under Xianghuahui have begun to be sold at a discount. Low price competes with OOCL and global shipping for orders.

At the same time, several major associations also jointly issued a notice to suppliers. All suppliers of several major associations are strictly prohibited from providing raw materials to Xianghuahui enterprises. If there is any violation, they will be directly excluded from the scope of raw material suppliers of several major associations.

Apparently this time it was a direct tear of the face, making it clear that the chariots and horses were going to suppress Xianghuahui from all aspects, and its momentum was obviously not just a show.

In the securities department of Xinjian Investment Company, Li Jianhui said to the operators: "This time, our Xinjian Investment is mainly targeting Johnson Electric, and trying to get a controlling stake in this company as much as possible.

In addition, it mainly suppresses Xiechenghang and Yongxin Enterprise Group. I don't ask about the specific operation, I only need the result. "

After several communications, the Nanjiang Club is mainly targeting the industry of the charter king, especially Wharf. This has been a pain for Jardine. This time, it is going to grab it again and avenge it a few years ago. .

In addition, Sun Hung Club and New Asia Club also took part in the core industries of Xianghuahui. If they can hold shares, they will hold them.

As the manager of the investment and securities department of Xinjian, Guo Xinlin heard that he was only targeting a few companies that were not well-ranked in Xiangjiang, and he immediately lost much interest in his heart.

Although Xie Shing Hong and Yongxin Enterprises are also established companies in Hong Kong, and their market value currently exceeds one billion Hong Kong dollars, they are really nothing compared to companies with a market value of tens of billions of Hong Kong dollars.

As for Johnson Electric, its current market value is lower. Although it has achieved very good performance in the mainland market in the past two years, its current market value is only less than million Hong Kong dollars, and they are easily billions or tens of billions in the gold, silver, and oil markets. Compared with capital operations, this is really not worth mentioning.

It's just that Li Jianhui ordered them specifically, and they couldn't be perfunctory. Although they looked down on several companies, they still came up with a plan for Li Jianhui to approve in a short time.

The Hong Kong Island Exchange, as the last exchange in Hong Kong, has not been very active in the market. Even though it has been relocated to Central, it still hasn't improved much.

However, in the past two days, a large amount of funds have poured into the exchange. Affected by various factors recently, some companies have been in a downturn.

It's just that the stock prices of some companies have fluctuated and dropped repeatedly in the past two days, which immediately attracted the attention of many investors and institutions.

Those who are well-informed far away from the listed companies that fluctuate and go down, while those who know nothing and rely on instinctive analysis are entering here and preparing to fight for a future.

In the chairman's office of the exchange, after listening to the report, Feng Yongxiang said: "You just need to pay attention to the purchase of seats under the Xianghua Club and Donghua Club, and you don't need to pay too much attention to the other companies."

Although several parties jointly targeted the Xianghua Association, Feng Yongxiang was still a little uneasy about the Donghua Association.

The main reason is that the Tung Wah Association is too powerful, and it was nothing before. Li Jianhui will not specifically target and suppress the Chinese-funded enterprises in Xiangjiang.

But now it has changed. Today Li Jianhui is willing to join forces with them to target Xianghuahui, then tomorrow he may target them at Xinhonghui.

In fact, everyone knows very well that the Xiangjiang market is too small to accommodate so many commercial consortiums. It can only be said that Xianghuahui became the first victim for some reason.

Several parties standing on the same line now will inevitably go to confrontation after Xianghua will fall.

At present, whether there will be a large-scale battle depends largely on the attitude of the Donghua Association. For the time being, these few companies do not have the strength to challenge the Donghua Association.

In Feng Yongxiang's view, the biggest mistake of Xianghuahui this time is that it should not touch Li Jianhui's relatively sensitive and fragile nerves. If there is one of the Xiangjiang Huazi family who is most vigilant against the north, then it must be Xinjian Li's family.

These families, including the second-ranked East Asian Li family, are far less worried and uneasy than the Xinjian Li family.

And Jiang Deli's words at the Xianghua Club this time can be said to have completely opened up that layer of paper, and it also caused Li Jianhui's inner thoughts to change again.

Individually speaking, Feng Yongxiang admires Li Jianhui very much. His family background and starting platform are countless times better than Li Jianhui's, but he is far from comparable to him in terms of business achievements.

Not only is Li Jianhui unwilling to hand over the initiative to others, but after that, he will be slaughtered by others according to his mood. Feng Yongxiang is also unwilling.

Now Li Jianhui is a benchmark. As long as Li Jianhui is at the front, they will be fine. If Li Jianhui is hit, they will have time to escape in advance.

It's a pity that because the two parties are not in the same alliance, it is also destined that the two cannot become close friends, and may even become competitors at some point.

(End of this chapter)