We're building a super chaebol in Hong Kong

“I wouldn't call it guidance, but since Mr. Bao asked, I'll share my humble opinion.” Seeing Pao Yue-kong's interest, Su Cheng didn't hold back.

“The future world will be a world of high technology. Technology can change people's lifestyles and improve the quality of human life. I believe Mr. Bao has deeply experienced this.

First, let me talk about computers. Mr. Bao should be familiar with this electronic product. Our Oracle computers are also quite popular in Hong Kong. In my opinion, current computers are still relatively backward. In the future, computers will bring more functions to people, making humans even more inseparable from them. Therefore, if Mr. Bao invests in this area, it would be a very promising prospect.

Second, mobile phones. I don't need to say much about this. Mr. Bao probably has a mobile phone in his briefcase. I don't need to elaborate on its convenience.

Third, semiconductors. This is one of the essential components of these electronic products. In the future, semiconductors will dominate the core of high technology. If Mr. Bao enters this field, whether it's low-end or high-end semiconductors, there will be significant development prospects when the industry grows.

Fourth, consumer electronic products. This actually includes mobile phones and computers, but it's a broad category. Besides computers and mobile phones, there are many other products that can be developed, such as digital cameras, televisions, video players, home office equipment, game consoles, and so on. Although many products are already quite mature, if you're willing to invest in research and development, these products can still have a lot of innovation. As long as these innovations cater to the public's taste, there's no need to worry about making money.”

Su Cheng mentioned several areas, not worried that Pao Yue-kong would become his competitor.

After all, even if Pao Yue-kong enters the field of computers or mobile phones, he wouldn't be able to compete with Su Cheng, because Su Cheng has more advanced technology.

Moreover, even if Pao Yue-kong doesn't enter these high-tech fields, products from other overseas brands will enter the Hong Kong market. For example, Hong Kong not only has Oracle computers, but also products from IBM, HP, and other computer brands for sale. However, since the birth of Oracle computers, these products have found it difficult to compete with Su Cheng's Oracle computers. After all, Hong Kong is Oracle's home ground.

After listening to Su Cheng's suggestions, Pao Yue-kong carefully pondered, thinking about the development potential of these areas and whether they were really as Su Cheng said.

“Mr. Su, you mentioned consumer electronic products, such as televisions. Can these really be changed? I think current televisions are already very good?” Pao Yue-kong continued to inquire.

When products haven't appeared yet, it's naturally difficult for people to imagine what changes future products will have.

However, Su Cheng had traveled from a world with technology decades ahead, so he naturally knew what changes televisions would undergo in the future.

For example, rear-projection TVs, plasma TVs, LCD TVs, OLED TVs, and so on. The future of televisions will continue to develop and change. In Su Cheng's view, current televisions are just very backward products.

Of course, Su Cheng wouldn't go into detail, as these were, after all, areas that his companies would continue to research and develop in the future.

“Of course they can be changed. Although current televisions seem very good, in my opinion, they're full of shortcomings. For example, the TV screen is too small, the TV resolution is too poor, and so on. These can all be changed in the future,” Su Cheng said simply.

Hearing Su Cheng's words, Pao Yue-kong suddenly understood that televisions, which he originally thought couldn't be changed much, could actually be improved in so many ways.

He suddenly realized that the potential for technological advancement was so great.

Pao Yue-kong was indeed tempted. If he hired some very talented people from top technology companies in Europe and America with high salaries, perhaps he could also develop cutting-edge new products like Hutchison Telecom. At that time, he would also be able to make a fortune.

Thinking of this, Pao Yue-kong decided that after returning, he would discuss the possibility of entering the high-tech field with his four sons-in-law.

With the decline of the international shipping industry, the Pao family had been looking for new ways out. If they continued to rely on the shipping industry, it would be difficult to even avoid losing money in the future, let alone making big money.

It was precisely because of this that he tried his best to acquire Wharf.

One Wharf could naturally not satisfy him, so if there were other good ways out, he would be willing to try them.

An investment of several hundred million wouldn't hurt Pao Yue-kong, even if he lost it all.

“Mr. Su, this trip to your place was indeed worthwhile. Thank you very much for your guidance. It seems I need to learn more from you!” Pao Yue-kong exclaimed.

He had increasingly admired this young world's richest man.

No wonder he could build such a large business at such a young age. He was truly impressed.

“Mr. Bao, please don't say that. By calculation, you're still my senior!” Su Cheng waved his hand.

“The capable come first. Although I'm much older than you, I'm neither as rich as you nor as far-sighted as you,” Pao Yue-kong said with a smile.

“Let's not talk about these things. Mr. Bao, how is Wharf doing currently?” Su Cheng changed the subject.

After all, he was now the second largest shareholder of Wharf. Although he didn't pay much attention to the situation there, he still had his share, so he had to care about it sometimes.

“Mr. Su should have seen Wharf's financial report for last year, right?” Pao Yue-kong asked.

“I glanced at it,” Su Cheng said truthfully.

And Su Cheng's becoming the second largest shareholder of Wharf had only happened in November.

Even though Su Cheng had given Pao Yue-kong many development suggestions after becoming the second largest shareholder of Wharf, it was impossible for Wharf to make much progress in the last month.

“My plan is to accelerate the construction of Harbour City this year. It's expected that the first phase will be completed and opened this year. By then, our Wharf will officially usher in the season of harvest!” Pao Yue-kong said cheerfully.

When he acquired Wharf, the first phase of Harbour City was already almost completed.

And if Harbour City officially opened, it would definitely become a new landmark building in Hong Kong.

At that time, it's conceivable that with Harbour City's location, it would definitely be crowded with customers. (End of chapter)