Video Game Empire
Chapter 121: Reception (Part 1)
The famous five-star hotel located in the Queen's Square in Central, the banquet hall of the Mandarin Oriental Hotel, and the reception banquet of the Oriental Electronics Company are being held lively.
Dongfang Electronics just completed its move not long ago. As a large-scale electronics company with a monthly output value of over 100 million Hong Kong dollars, it seems too embarrassing for its headquarters to continue to be crowded into an industrial building in Shatin. So Dongfang Electronics has just reached a lease agreement with Landmark, and leased the 39th to 43rd floors of the just-completed Gloucester Tower on Pedder Street in Central.
Taking advantage of the opportunity of the company's move to a new location, after discussing with Li Xuan, Han Peng and Li Xuan decided to invite various suppliers and partners of the company to hold a grand reception.
"Mr. Li Xuan, you are really young and promising. Standing with you, we have become old bones!" The man with black-framed eyes and a slightly fat body was talking to Li Xuan with a smile called Li Guowei . He is the general manager of Hang Seng Bank, and this year he is sixty-two.
"Sir Li, you are too rude to me, just call me Ah Xuan!" Li Xuan said humbly. Before Hang Seng Bank was acquired by HSBC, it was the largest Chinese-funded bank in Hong Kong. The famous Hang Seng Index was launched by this gentleman in front of him.
The Englishman standing beside Li Guowei is Sir Shen Bi, Executive Chairman of HSBC. Dongfang Electronics is one of HSBC's important clients. Of course, more importantly, HSBC is actively seeking to become the main contractor for the listing of Aikang Computer Company, a subsidiary of Dongfang Electronics. Therefore, Shen Bi specially came to attend the reception of Dongfang Electronics in person today, hoping to deepen exchanges with the high-level executives of Dongfang Electronics.
This kind of occasion is naturally not the right time to talk about business, Li Xuan said goodbye after a few words, because he saw the Standard Chartered Bank Hong Kong Taipan not far away, and Sir Goldstone was raising his glass to greet him.
Although Standard Chartered and HSBC are also known as the two most important British banks in Hong Kong. But Standard Chartered is headquartered in London, while HSBC is headquartered in Hong Kong. As Hong Kong's "quasi-central bank", HSBC has been firmly pressing the standard charter head in Hong Kong, and the two sides naturally cannot urinate in a pot.
"Sir Gao, good evening. Didn't your wife come with you?" Li Xuan said with a smile. Many Englishmen in Hong Kong followed the local customs and gave themselves a Chinese name.
"She has a fever today, sorry for not being able to come to participate!" Goldstein spoke Cantonese very authentically, and the apologetic expression on his face was also very sincere.
"It's important to take care of your health, Madam Gao is not serious, right?"
"The fever has subsided, it doesn't matter!"
The two sides exchanged a few words of greetings. Li Xuan was preparing to say goodbye to the other party and leave. He was very busy as the host today, so all the guests had to greet each other.
"Li Sheng, I heard that you are interested in the media industry. I have a piece of news here. I wonder if you are interested?" Goldstein suddenly said with a mysterious expression on his face.
"Oh?" Li Xuan was a little puzzled, not knowing what medicine the other party sold in the gourd.
"The parent company of Li's TV station has failed to invest in Canada. Recently, it is planning to shrink its business in Asia. It intends to sell the equity of Li's TV station! I don't know if you are interested in accepting it. We Standard Chartered can match it!" Goldstein said softly. Dongfang Electronics had previously sent purchase intentions to the owners of "Daily Daily" and "Xinbao" through Standard Chartered Bank, but unfortunately they were all rejected.
A light flashed in Li Xuan's eyes, Li's TV station is the future Asian TV station, and together with TVB, it is the only two wireless TV stations in Hong Kong. Dongfang Electronics has risen too fast and its foundation is unstable, so Li Xuan has always wanted to expand his influence.
Acquiring a newspaper is undoubtedly a good choice. After all, in a democratic society, a media company is in hand, and its power of public opinion is enough to make many people jump at it. But it would be more perfect if it could acquire a TV station. Although Li's TV station has always been underwhelmed by TVB in terms of ratings, as one of the only two TV stations in Hong Kong, his status is unquestionable.
"If you are interested, we can find a time tomorrow to talk in detail!" Goldston said with a smile, his goal has been achieved.
Others may not know the strength of Dongfang Electronics, but Standard Chartered Bank, as one of the main settlement banks of Dongfang Electronics, can naturally estimate its approximate profitability through the monthly foreign exchange flow.
Let's look at the dozens of electronics factory owners in Hong Kong who came to the reception today. These companies, which have been incorporated into their own supply system by Dongfang Electronics, have condensed into an important emerging force that cannot be ignored in Hong Kong's electronics industry. In the past six months, the amount of loans issued to these companies from Standard Chartered Bank to expand investment in fixed assets amounted to HK$150 million. Moreover, these companies are high-quality customers, holding long-term supply contracts with Dongfang Electronics, and the risk of bad debts is very low.
At the same time, according to the forecast of the internal analysts of Standard Chartered Bank, the arcade machines, handheld game consoles, personal computers and other products that Dongfang Electronics has recently launched successively have been successful in the US market. With this development momentum, the Oriental Department with it as its core will soon occupy half of Hong Kong's electronics industry.
Dongfang Electronics has abundant cash flow and does not need bank financing, but as the core of the entire system, its influence on other suppliers is unquestionable. For such a client with unlimited potential, Standard Chartered cannot pay too much attention to it.
And recently, the competitor HSBC has obviously begun to enter with Dongfang Electronics. Aikang, a subsidiary of Orient Electronics, is preparing to go public in London, and HSBC is actively seeking to become an underwriting broker.
Standard Chartered Bank has no brokerage business of its own, but in order to prevent HSBC from making profits, it is actively connecting Barclays Bank for Dongfang Electronics. At the same time, in order to close the relationship with Dongfang Electronics, Standard Chartered also made every effort to find each other's points of interest.
Li Xuan has shown a certain interest in the media industry before. Li's company itself is one of the important clients of Standard Chartered Bank, and Standard Chartered Bank is one of the shareholders of Hong Kong Lai's TV station. Some news are naturally better than others. Goldston just mentioned it casually, which really aroused great interest in Li Xuan. But the reception was not a good time for in-depth communication, so the two agreed to talk later.
At this time, Han Peng led a white man with a hook nose into the banquet hall. This is one of the most important guests of tonight's reception, the Governor of Hong Kong, Sir MacLehose.
During his ten-and-a-half-year tenure, the longest-serving, most outstanding, and most beloved Governor in Hong Kong's history successively implemented a ten-year housing plan, developed new towns, established the Independent Commission Against Corruption, and was free for nine years. A series of decisions have had a major impact on Hong Kong, such as education and the construction of the Mass Transit Railway.
"Your Excellency, this is the founder and owner of Dongfang Electronics, Mr. Li Xuan!" Han Peng introduced.
"Your Excellency the Governor, you are welcome to take time out of your busy schedule to come to the reception of Dongfang Electronics!" Li Xuan said in a tactful tone.
"Mr. Li Xuan, using an idiom in Chinese to describe you is most appropriate when you are young!" MacLehose's smile looked very amiable, and his Cantonese was not much different from that of Hong Kong people. I hope you will grow stronger and stronger, and drive the progress of the entire electronics industry in Hong Kong!"
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