We're building a super chaebol in Hong Kong

"Mr. President, Mr. General Manager, the data has been compiled. As of 5:00 PM, our 16 branches have sold a total of 5,472 YunSheng S1 mobile phones! The results are several times better than expected!" Just as Wei Li and Landon Moore were chatting in the office while waiting for the final sales data, the staff member in charge of statistics ran over excitedly to report.

According to their original expectations, they would have been very satisfied if they could sell one or two thousand units on the first day.

Unexpectedly, they actually sold 5,472 units!

Each mobile phone represents HK$25,199!

In other words, in just one day, the sales reached a terrifying HK$137.9 million.

Adding the sales from last night's press conference, they have already exceeded HK$150 million.

Hearing this data, Wei Li and Landon Moore couldn't stop smiling.

"Understood. Finish your work and go home. Have a good holiday with your family," Landon Moore said to the staff member in front of him in standard Hong Kong dialect.

"Okay, Mr. President, Mr. General Manager, Happy New Year's Eve!" The staff member gave them blessings before leaving.

"Happy New Year's Eve!" Landon Moore replied with a smile.

Even Wei Li expressed his gratitude and blessed the low-ranking employee in not-so-authentic Hong Kong dialect.

"It's really unexpected. I didn't expect it to be better than we anticipated!" Wei Li said with emotion.

"Yes, Mr. Wei Li, but we will face another problem: not enough stock! Fortunately, we specifically mentioned during the press conference that it may take up to 7 days to pick up the goods," Landon Moore replied.

In fact, Hutchison Telecom's inventory is only about 10,000 units.

Last night, 515 units were sold, and today another 5,472 units were sold. In two days, nearly 6,000 units have been removed from the 10,000-unit inventory!

In other words, the actual inventory is only about 4,000 units left.

Originally, their prediction was that these 10,000 units could last for about a week.

They really didn't expect that this world's first commercially available mobile phone would be so popular.

"There are really too many rich people in Hong Kong!" Wei Li said with a smile.

"Next, the production department will have to work overtime during the New Year. With 24-hour overtime production, plus a newly opened production line, producing 1,000 units a day is basically no problem. I wonder what the subsequent purchase situation will be?" Landon Moore said.

"I estimate that the first 30,000 to 40,000 units will be very popular. When the millionaires and above have bought them, our sales will start to decline. At that time, we can only continue to tap into the group with a general wealth of less than one million. Also, we must actively develop overseas markets. Relying on a small Hong Kong, we can't make too much money after all!" Wei Li thought for a while and said.

"Well, although Hong Kong's potential users may only be 100,000 at most, we must also provide good service. Selling products is only doing a one-time business, but the subsequent monthly rent we charge is also a considerable income. At that time, maybe with the rise of mobile phones, our Hutchison Telecom's market share may be able to surpass Hong Kong Telecom!" Landon Moore said with a smile.

If there are 100,000 fixed mobile phone users in Hong Kong, and each user is charged a fixed HK$200 per month, it is equivalent to Hutchison Telecom receiving HK$20 million per month in rent alone, which is HK$240 million per year.

A steady stream of income, this business will make more and more money over time. After all, at least in the short term, Hutchison Telecom will definitely monopolize the mobile phone market in Hong Kong. As for other companies, they do not have the strength and technology to grab this business.

When Hong Kong Telecom finally has the ability to enter the mobile telecommunications market in ten or twenty years, Hutchison Telecom will have already consolidated its position.

As long as they don't screw up, Hutchison Telecom will always be the most powerful mobile telecommunications supplier in Hong Kong in the future.

Now, the target of 100,000 units seems to be very high.

But Su Cheng knows that in the future, almost everyone except children will have their own mobile phones, or rather, mobile phones!

At that time, the small market of Hong Kong alone will have millions of users.

Of course, in the short term, selling equipment will definitely make money faster.

For example, today in one day, the turnover exceeded HK$130 million, although it includes a month's rent, but the proportion is not much.

"Speaking of other markets, I will make an appointment with the Governor of Macau to chat another day. I believe he is also interested in making Macau the second city in the world to commercialize mobile phones, provided that our mobile phone production speed can keep up!" Wei Li said.

Macau is a small place, with a population of only about 240,000 people today.

However, there are not a few people who have become rich by relying on the gambling industry there.

These people who have developed by relying on the service industry are also potential customers.

When the Hong Kong market is almost eaten up, Hutchison Telecom can safely develop outwards.

"Mr. Wei Li, this is a good idea. Although Macau has a small population, I think there can be at least a few thousand potential customers; in addition, the third market I think can choose Singapore. Singapore has more than half the population of our Hong Kong, and there are many rich people. The development potential is no worse than Hong Kong. This market should be occupied as soon as possible!" Landon Moore also put forward his own opinions.

The two began to discuss again in the office.

Su Family Villa.

Zhong Chuhong drove to Su Cheng's home at noon.

Su Cheng was of course very happy to have a beauty accompany him for the New Year.

It's a pity that fireworks cannot be set off in Hong Kong, otherwise Su Cheng would definitely have someone buy some fireworks back.

On New Year's Eve, without setting off fireworks, where would that atmosphere come from!

Hong Kong enacted a law in 1967, strictly prohibiting the private setting off of fireworks and firecrackers. Once convicted, the maximum penalty is a fine of HK$25,000 and imprisonment for six months;

Placing bombs or using explosives, including fireworks and firecrackers, if it involves criminal damage, is a serious crime, with a maximum sentence of ten years in prison. If it causes casualties, the offender can be sentenced to life imprisonment.

Therefore, even if Su Cheng dared to set off fireworks, there would be no place to buy them in Hong Kong, because no one would dare to sell them.

In the evening, when the entire villa was in a lively atmosphere and began to prepare for the New Year's Eve dinner, Su Cheng once again received good news from Landon Moore calling to report.

Hearing that only 5,472 mobile phones were sold in just one day, Su Cheng couldn't help but sigh, there are so many rich people in Hong Kong!

(End of this chapter)