We're building a super chaebol in Hong Kong

Next, Wei Li and Su Cheng continued to chat about management in the office.

More often, Wei Li would report things that he couldn't find a solution to Su Cheng, and then Su Cheng would use Xiao Ai to search for cases from his previous life and use the solutions from those cases to answer Wei Li's questions.

Wei Li was also a smart person, and he understood many things with just a hint.

Even Su Cheng was just repeating what he had heard, and he himself didn't really understand it, but these words, when they reached the ears of a top-notch management talent like Wei Li, made him suddenly realize that things could be solved in this way.

Wei Li felt that he had benefited greatly from this conversation and learned a lot. He admired his boss, Su Cheng, even more.

It wasn't until 4:00 PM that Su Cheng said goodbye to Wei Li and took a car back to the Su family's villa on Barker Road.

As for Wei Li, he stayed in the office to slowly digest what he had learned today. At the same time, he also prepared a plan for the upcoming cooperation with Cathay Film Company, so that he could communicate better with Leung Suk-yee at Cathay TV.

Hutchison Telecom had given Wei Li hope that Hutchison Whampoa Group would become a world-class enterprise, so Wei Li was now full of energy.

Just as Su Cheng was riding in his Rolls-Royce on the way home, his mobile phone rang.

Su Cheng picked up the phone and looked at it. With his excellent memory, he knew at a glance that the call was from Chan Chi-pak of Oriental Press Group.

Before Su Cheng went to Yue Province, Oriental Press Group had been preparing for the release of the rich list. Calculating the time, could it be that he was being contacted today because of the rich list?

Su Cheng answered the phone with a guess.

"Boss, you are really like a prophet. That's right. Since the first edition of the rich list came out, we have prepared for another week and finally produced the final version. This final version of the rich list can now be officially released," Chan Chi-pak said with a smile.

"Is there a big difference between the final version and the first edition?" Su Cheng asked curiously.

"The difference is not big. The data is the result of our repeated research. Of course, we certainly can't be 100% accurate in this kind of thing, but we have come close to the real data. I believe that after the list comes out, it will also be trusted by everyone," Chan Chi-pak continued.

"What are your plans for the release? Are you going to hold a press conference?" Su Cheng asked.

Naturally, these arrangements were entirely handled by Chan Chi-pak. As the big boss, Su Cheng did not participate in the discussions of these matters.

"Yes, in order to make a big splash, we specially rented a hall in the Hong Kong Opera House. The time is set for 8:00 PM on March 3rd, which happens to be a Saturday. For this reason, we have invited Cathay TV. At that time, the press conference will be broadcast live by Cathay TV to the audience in Hong Kong and even Macau," Chan Chi-pak said.

After several months of development, Cathay TV's position as the number one TV station in Hong Kong has become very stable. TVB has retreated to second place, and Rediffusion Television is now losing money every month due to low ratings. If this continues, it is not impossible for Rediffusion Television to go bankrupt.

Naturally, Cathay TV hopes that they will go bankrupt. If Rediffusion Television goes bankrupt, then Cathay TV will have one less competitor.

You must know that Rediffusion Television is a free-to-air television station in Hong Kong's history, the first television station in Hong Kong, and also the world's first Chinese-language television station.

What a glorious history, but unfortunately, it is now suffering serious losses every month due to its lack of competitiveness.

If this continues, it is really possible to go bankrupt.

But this is business. No company can guarantee that it will always make money, let alone guarantee that it can always survive.

When a company's competitiveness is insufficient, it is the time of its decline.

Now, because of the rise of Cathay TV, the market share of Rediffusion Television and TVB must have been taken away by Cathay TV.

Relying on excellent production and large investment, TVB is not worried about bankruptcy at present, but its share is already very different from that of Cathay TV. From the current point of view, being the second is okay, but being the boss is very difficult.

In addition, with Sir Run Run Shaw, the big shot in the film industry who is determined to control TVB, backing them up, TVB at least does not have to worry about the risk of bankruptcy in the next few years.

Rediffusion Television is completely different.

This is a British-funded enterprise, and its backing force is British Rediffusion.

British Rediffusion has many branches around the world, and the Hong Kong branch has performed relatively well in the past compared to the many branches of the head office.

However, times have changed. The broadcasting and media industry is not a very profitable industry. If Rediffusion Television in Hong Kong continues to lose money, British Rediffusion cannot continue to pour money into it. After all, these British-funded enterprises are mainly profit-oriented. When there is no profit to be made, Rediffusion Television can be abandoned at any time.

These British-funded enterprises will not have as much patience as Sir Run Run Shaw to operate an insignificant subsidiary.

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Because of this, even if Su Cheng had not appeared, Rediffusion Television would have followed the normal historical development and sold 61% of its shares to an Australian consortium in March 1981.

By July 1982, the Qiu大佬 of Far East Group directly purchased 50% of the shares. In 1984, he purchased the remaining shares and fully controlled Rediffusion Television, which was later renamed Asia Television.

Therefore, in fact, even if Cathay TV had not risen, Rediffusion Television would have experienced a low tide and even reached the point of being sold by its parent company.

"Since you are holding a press conference, which guests have you invited?" Su Cheng asked with a smile.

"Boss, because of this survey, we have contacted many billionaires. After being invited by us, many billionaires have accepted our invitation. These people include Mr. Cheng Yu-tung of Chow Tai Fook Group, Mr. Li Ka-shing of Cheung Kong Holdings, etc.

According to our statistics, 57 billionaires on the list will be present at that time. Unfortunately, Mr. Yue-Kong Pao of World-Wide Shipping could not attend due to work arrangements, but we also invited Governor Murray MacLehose, and they have replied that the Governor will be there on time. Therefore, we will definitely make a big splash with this wealth list press conference," Chan Chi-pak said confidently.

In fact, even Chan Chi-pak did not expect that his invitation to these guests would be so smooth. If it had been before, he would not have dared to think about it.

Although "Oriental Daily News" has a good position in Hong Kong, its reputation is not very good due to the Ma brothers, although its sales have been the first for a long time.

Now it is different. The boss has become Su Cheng, the world's richest man, which can be regarded as completely whitewashing "Oriental Daily News".

The reason why so many people accepted Chan Chi-pak's invitation is actually more because of the face of Su Cheng, the super-rich.

In Hong Kong, even these billionaires hope to maintain a good relationship with Su Cheng. It would be even better if they could cooperate in business. (End of this chapter)