We're building a super chaebol in Hong Kong

#905 - Helping Jardine Matheson is helping ourselves

The three stood up and shook hands, signifying that the previous conflicts were now considered settled.

Of course, this was only on the surface; what they were truly thinking in their hearts was anyone's guess.

“Now that everyone has put aside their past grievances, let's not dwell on what happened before,” Shen Bi said with a smile after they sat down.

Su Cheng nodded, indicating his agreement.

Next, Su Cheng knew without guessing what Niu Bi Jian's purpose was.

Perhaps because he felt embarrassed about apologizing to Su Cheng earlier, Niu Bi Jian remained silent, pondering how to resolve the Da Sha Ling Village demolition issue without offending Su Cheng.

Now that he had reconciled with Su Cheng, things should naturally return to the core issue.

Wasn't the reason he asked Shen Bi to be the mediator and invite Su Cheng here to solve the Da Sha Ling Village matter?

Niu Bi Jian remained silent, so Su Cheng took the initiative to speak, "Mr. Niu Bi Jian, I don't want to argue with you. Since we're all sitting here today, let's be frank."

"Regarding the Da Sha Ling Village matter, as long as you carry out the demolition legally and compliantly, I have no objections. But if you resort to threats to acquire the land as you did before, I will definitely oppose it vehemently."

"You may think this is a normal business practice, but in my opinion, it's a heartless and immoral act. As fellow Chinese, they are being coerced and have come to me for help, and I will certainly help if I have the ability."

"I know you want to replicate the success of Hutchison Whampoa Plaza and carve out a share of this untapped market with a city complex project."

"Perhaps you think that my helping Da Sha Ling Village is entirely to hinder your development progress, but I can assure you that I have no such intention. On the contrary, I welcome legal and compliant competition."

"I have always agreed with the saying that only through competition can there be progress!"

"I believe you have all investigated the detailed information of Hutchison Whampoa Plaza and should know that we currently have several Hutchison Whampoa Plaza projects under construction, so we don't care if you have one or two more competitors."

"Mr. Niu Bi Jian probably wants to acquire that piece of land as soon as possible so that you can seize the opportunity to divide the foot traffic, right?"

"Let me be frank, while you are focusing on the small market of Hong Kong, Hutchison Whampoa Plaza already has chain plans in major cities abroad. In Singapore, several projects are almost completed and ready for tenant recruitment in a few months. We are also preparing in Tokyo, San Francisco, Los Angeles, and other places."

"Therefore, I don't care about your competition in Hong Kong. Compared to the global market, Hong Kong is just a very, very small market. To put it bluntly, you Jardine Matheson are trying your best to dominate in this small pond, while my goal, although not the stars and the sea, is the global market."

"I believe Mr. Shen Bi should be very aware of this, because HSBC Group is also constantly trying to take the path of internationalization."

"So, Mr. Niu Bi Jian, I can guarantee to you here in Mr. Shen Bi's office that as long as you don't do anything heartless or immoral, I will not stop you from demolishing any village."

After Su Cheng finished speaking, the scene suddenly fell silent.

The chain plans he mentioned were not secrets at all. The information was public, and these tycoons could easily find it if they wanted to.

After a while, Shen Bi said in agreement, "Mr. Su is right. The global market is what we are pursuing. Although the core business of HSBC Group is currently in Hong Kong, we have already set our sights on the global market because Hong Kong is too small, so small that it is easy for top Hong Kong companies like us to reach a bottleneck. To break through, we can only expand the market."

“In that case, can Mr. Su help Jardine Land a favor?” Niu Bi Jian said.

Niu Bi Jian is not only the Tai-pan of Jardine Matheson but also the Tai-pan of Jardine Land.

“Mr. Niu Bi Jian, please speak freely. If I can help, I don’t mind helping!” Su Cheng said with a smile.

In his heart, Jardine Land would be his sooner or later. Helping Jardine Land was helping himself.

“Since Mr. Su is familiar with the people of Da Sha Ling Village, can you help persuade them to agree to the demolition? I am willing to compensate the villagers at market price!” Niu Bi Jian finally stated their purpose.

Currently, the villagers hated Jardine Land to the core.

With Wu Ge's help, the villagers were probably no longer afraid of Jardine Land's threats. So, at this time, it was impossible for Jardine Land to demolish Da Sha Ling Village at market price. Among nearly two hundred households, there would always be some villagers who held grudges.

Although Da Sha Ling Village was not very large, it was, after all, a village, and the area was not small. If it were demolished at the normal market price, Jardine Land would have to spend at least hundreds of millions of Hong Kong dollars on demolition.

Previously, they had New Era step in to acquire the land in Da Sha Ling Village at a very low demolition cost.

The contract price they offered to the villagers was less than half of the market price. If successful, Jardine Land would save tens of millions of Hong Kong dollars in expenses, so these villagers would rather die than submit.

Don't think that tens of millions of Hong Kong dollars is a small amount. That's just an illusion created because Su Cheng is too rich. In fact, although Jardine Land's annual turnover is very high, reaching billions of Hong Kong dollars or more, the net profit is only hundreds of millions of Hong Kong dollars. Because real estate companies like Jardine Land will continue to invest money after earning it, there will not be too much profit left at the end of the year.

Therefore, saving tens of millions of Hong Kong dollars is crucial for Jardine Land.

But now, Niu Bi Jian knew that it was basically impossible to save these tens of millions of Hong Kong dollars.

Being able to acquire this land at a normal market price was already a blessing.

“Helping is not impossible, but I have a condition. If Mr. Niu Bi Jian can agree on behalf of Jardine Land, then I will definitely help you persuade the villagers!” Su Cheng suddenly had an idea and didn't plan to solve the problem for Niu Bi Jian so easily.

“What is Mr. Su Cheng’s condition?” Niu Bi Jian would not feel at ease if Su Cheng truly agreed to help him without conditions.

He was relieved to hear there were conditions.

(End of this chapter)

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