We're building a super chaebol in Hong Kong

#498 - Favors are hard to repay

This favor, although it came about inexplicably, Mr. He had to accept.

Because, everyone knew that if Su Cheng, as the world's richest man, wanted to enter this industry, he might really surpass the Lisboa Hotel.

However, Mr. He felt that this favor was worth owing!

In recent years, the speed at which he had been making money by investing in entertainment venues in Macau was unprecedented.

Only by doing this business could one truly experience what it meant to spend money like water and to treat banknotes like paper!

He wasn't worried about other people running gambling dens because no one could compete with him.

Over the years, the Lisboa Hotel had already established a great reputation, and its fame was so great that even overseas, many people knew about it.

However, if it was Su Cheng who entered the market, he would be worried, and very worried.

Everyone knew that Su Cheng, this super-rich man, had plenty of money, and unlike many rich people, although they were rich, they actually had fixed assets, with very little cash flow, relying on bank loans for cyclical investments.

Therefore, with the help of Mr. He, a local strongman, and the support of the new governor, no one should dare to touch Su Cheng's industry layout in Macau.

With just one sentence, Mr. He, this business tycoon, owed Su Cheng a great favor.

Even the "King of Floating Restaurants" might not be able to do it, but Su Cheng could.

This was the power of a massive cash flow.

Favors were hard to repay!

"Mr. He, to be honest, I really plan to make a large investment in Macau. Although Macau is small, its geographical environment is similar to that of Hong Kong, and the economic policies implemented are also similar to those of Hong Kong. Backed by the motherland, once the economy in the north is fully developed in the future, Macau's potential will definitely be very great, so I also plan to invest heavily here, just like Mr. He.

Although I know that the best business to do in Macau is definitely the entertainment industry, as the saying goes, 'a mountain cannot accommodate two tigers.' I don't like competing or fighting with others. Therefore, since your Lisboa Hotel is now dominating the entertainment industry in Macau, I won't enter this industry. There are also many other industries with considerable potential. If nothing unexpected happens, I will invest a lot. Mr. He's strength in Macau is not bad, so I will have to rely on you a lot in the future," Su Cheng said with a smile.

"That's easy to say, Mr. Su, please rest assured that as long as I'm in Macau, no one will dare to touch Mr. Su's property!" Since Su Cheng was doing him a favor, Mr. He naturally knew what to do. Otherwise, if he offended Su Cheng and allowed him to really enter the entertainment industry, he, He, would be the one to suffer!

"In that case, I can indeed rest assured. When will Mr. He return to Hong Kong? You can come to my Su family villa, and I will invite Mr. He to drink tea," Su Cheng said with a smile.

"Oh dear, look at me, seeing a big shot like Mr. Su, I didn't even prepare tea. I'm really embarrassed. I'll make some for Mr. Su right away." At this time, Mr. He was reminded.

Having been with Su Cheng for so long, he had actually forgotten to prepare tea.

This was usually impossible.

However, after meeting Su Cheng today, especially after hearing Su Cheng say that he was here to learn and gain experience, Mr. He's heart was in turmoil.

He was afraid that Su Cheng would really become a competitor.

Now, hearing Su Cheng invite him to drink tea at the Su family villa, he realized how rude he had been.

Mr. He was also a big shot, usually smooth in his dealings, and rarely would such an embarrassing thing happen.

"No need for tea. I just came from the Governor's Mansion and drank a lot of coffee. I'm not thirsty now," Su Cheng waved his hand, indicating that Mr. He didn't need to bother.

"Mr. Su, I'm really embarrassed. I'm so sorry. It's not easy to meet Mr. Su in Macau. I wanted to ask Mr. Su some questions," Mr. He stopped the action of making tea and sat back on the sofa.

"Mr. He, please speak. I wouldn't dare to presume to teach," Su Cheng shook his head and said.

"Mr. Su, you also know that people are never satisfied. Like me, although I have made a lot of money relying on the entertainment industry, I have now encountered a bottleneck. The company's monthly profits are basically the same, and it is difficult to move forward. Initially, in order to ensure an adequate source of customers for Macau, I spent a lot of money to purchase multiple hydrofoil boats from abroad, reducing the travel time between Hong Kong and Macau by half, making it more convenient for Hong Kong people to come to Macau. Because of this, there are many Hong Kong tourists in Macau, but there are not many tourists from outside Hong Kong. Mr. Su, what do you think I should do to change this situation and attract more overseas tourists to Macau?" Mr. He asked his question.

Nearly 80% to 90% of the guests at the Lisboa Hotel were from Hong Kong, with a small portion being locals, and the remaining small portion being mostly tourists from Southeast Asian countries.

So, in Mr. He's view, Macau's tourist structure was too singular, which was the most direct reason why his entertainment industry was difficult to improve further.

Su Cheng actually knew that Macau's later development was entirely dependent on the strong motherland of China.

However, there were still 20 years before the handover, and the motherland's economy had not yet developed, so it was unrealistic to rely on the north at this time.

"Mr. He, I think Macau's biggest problem is that it treats Hong Kong as a transit station. Although it can attract a small portion of international tourists to some extent, it is still too few. Transit is too troublesome.

Therefore, if Macau wants to develop more tourists, I suggest building an international airport in Macau. Even if it loses money, it must be opened, because it can bring a continuous stream of revenue to your Lisboa Hotel. It is very unrealistic to rely too much on passenger traffic from Hong Kong's Kai Tak Airport. Transit is too troublesome, and Macau's reputation is not big enough.

In addition to building an international airport, it is best to also build direct passenger ships from the Philippines, Malaysia, Singapore, and other places to Macau. As long as you invest enough publicity in these countries, don't be afraid that people from these countries won't come. You must know that the world is never short of gamblers, and Mr. He, what you need most are such customers!"

Su Cheng thought for a while and directly stated his suggestions.

"Mr. Su is indeed insightful. In just a few simple words, he has pointed out the shortcomings of Macau today, which is really admirable," Mr. He exclaimed.

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