We are all reborn, who wants to be the richest man?

Chapter 689: Attack Taiko

"Husband, is our Luo family really that powerful?
Husband, is it true that our Luo family is the only one in Hong Kong, and those Li families are just our vassals?

Hubby, it doesn’t matter if I slap Li Hongchen.”

"Well…".

When he returned home in the evening of the next day, facing Luo Laosi's excited inquiries, Luo Nianzhong wanted to ask Chris what did you tell her?

As for Chris, he was covering his forehead with his hands, looking like he was doomed.

Tired, destroy it.

This is what Chris is thinking now.

Seeing Luo Laosi standing in front of him with a hopeful look on his face, Luo Nianzhong couldn't help but ask, "You don't really want to slap her, do you?"

"How is that possible? Wouldn't that be embarrassing for our family? But it would be a good way to scare him."

Okay, do whatever you want. Luo Nianzhong is tired too.

Li Hongchen is one of the daughters of the Li family and often discredits Luo Laosi in the media.

The one who suffered the most from the rise of ATV is definitely TVB. Now TVB's market share in Hong Kong Island is less than 20%.

Back then, Uncle Six was instrumental in pushing for TVB to be incorporated into ATV, thereby avoiding competition and unifying the market.

But Li Jia, as the major shareholder, didn't think much of it and had a conflict with Uncle Six in business philosophy.

The rise of Hong Kong films just happened to give Uncle Six the passion he had in his youth, so he simply sold most of his TVB shares and focused on running Shaw Brothers Films.

It's no wonder that the Hong Kong film reform driven by the film and television boom has really made Hong Kong's film industry prosperous. Shaw Brothers Films is now thriving thanks to its channels and several big productions every year, and has established offices in many countries.

TVB has officially entered the Li family era.

Li Hongchen is now in charge of public relations at TVB, so it is normal for him to go against Luo Laosi, who is willing to show up in front of the media whenever he has nothing to do.

After hearing what this woman did, Luo Nianzhong admired her, though not in a physical way.

This is public opinion hype, which can keep TVB on the hot search list all the time. It is definitely the most cost-effective publicity plan.

Sitting on the sofa, Chris kicked away Luo Laosi who was leaning towards her. She really didn't want to talk to her.

"I heard that many British companies have expressed dissatisfaction with the Mandatory Provident Fund?"

"What's the big deal if they're dissatisfied? They're just some clowns.

Not to mention that the big British companies have not expressed their opinions, even if they did, it doesn’t matter, the general trend is on our side.”

The full name of MPF is Mandatory Provident Fund, which is probably similar to the 401K provident fund in the United States. Employees pay a part and the company takes the majority. It is a kind of pension.

As early as 1966, the Hong Kong government proposed the Central Provident Fund Scheme and launched a feasibility study.

However, the Central Provident Fund is jointly funded by employees and the government, which is a bit like a pension.

The Legislative Council once discussed this matter and there were huge differences of opinion.

The main reason is the huge amount of money, and the fear that it will cause instability in the government's finances in the future. To put it bluntly, they are afraid that the government will not be able to afford it at that time, and it also reflects a lack of trust in the government's financial management capabilities.

However, with the development of society, the aging population in Hong Kong Island will exceed 10% in ten years, and will even account for one-fifth in 25 years.

As of now, among the four million employed people in Hong Kong, only 46% enjoy retirement security, which is less than half.

In order to prevent Hong Kong Island from becoming like the Hong Kong Island in the original world, where elderly people with white hair still have to work, Luo Nianzhong is pushing this matter forward.

This is a major issue concerning the future development of Hong Kong Island. With retirement security, the elderly can enjoy their old age in peace and comfort, become the main force of social consumption, and will not compete with young people for jobs.

I remember that it was the Hong Kong government that originally promoted the establishment of the Mandatory Provident Fund. Aren’t the people afraid that the Hong Kong government’s finances will collapse? Then let the enterprises pay for it.

If this money is handed over to large capital management just like in Europe and the United States, people will feel at ease, right?
It was indeed reassuring, but it also caused a lot of dissatisfaction.

In the original time and space, the Hong Kong government actively promoted it, so businesses were naturally dissatisfied.

However, in order for Hong Kong citizens to have a better standard of living, a higher happiness index, and most importantly to leave a burden for the rabbits, this plan was still forcibly implemented.

As for why the people are dissatisfied, it is because this money has become a profit-making tool for capital, but the returns are far from outperforming the overall market index, so Hong Kong people are naturally dissatisfied.

But now the situation has reversed because the Hong Kong government is no longer willing.

First of all, it is Far East that is pushing this bill. Far East’s employees trust their company very much and are willing to pay this money to make their retirement more secure.

As for why the Hong Kong government was unwilling, it was because the money had to be handed over to the Far East Bank for management and could only be handed over to the Far East Bank for management.

The Far Eastern Bank is now exercising the functions of a central bank. If not the central bank, who should the money be given to?
Everyone in Hong Kong knows the past performance of Far East Bank. They would not do it even if it were handed over to other financial institutions, as this concerns what kind of life they will live after retirement.

Which old man likes simple food? Who doesn't like young models in the club?

So the Hong Kong government is not happy about this. It is not good for them, and the ones who benefit are the Far East and the Luo family.

It cannot be said that the Hong Kong government is unhappy. In fact, it is very happy.

However, this matter was reported to England, and it was England that had objections.

As for who did it, it was obvious that it was a British-owned company. But as Luo Nianzhong said, the situation was in his favor, and no one could stop it.

"I heard that there will be multiple teams marching together soon?"

Hong Kong citizens are required to report their marches to the authorities in advance, and this part is under the jurisdiction of the one-man show.

Luo Nianzhong has already had someone communicate with him via letter, receiving all the approvals for the recent applications for parades.

"These little creatures always want to jump, but they can't jump far."

Luo Nianzhong was referring to British-owned companies in Hong Kong Island, which do not want to leave and want to continue making money in Hong Kong Island, but do not want to bear the corresponding responsibilities.

“Do you really think it’s still like 30 years ago? Hong Kong people are letting them exploit them.

If they still want to make money while standing, I will let them know that there is not so much beauty in the business world.

Make money? Sure, but get down on your knees first.

We Chinese have been bowing our heads in Hong Kong Island for long enough, now it is their turn to bend the knee."

"So you are targeting the Shi Huaiya family? I guess England must be having a headache recently. Why would they provoke a devil like you?"

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"There's nothing we can do about it. After all, Swire is now the only British-owned enterprise in Hong Kong."

Of the four major trading companies, only the low-key Swire Group is left.

Since they were so honest, Luo Nianzhong originally wanted to let them go, but it was you, Yinglun, who provoked me.

Swire is different from other foreign companies. Its parent company is in Liverpool, England, and the Swire Group in Hong Kong Island is wholly owned by Swire of England.

With the rise of the Luo family, Taikoo has developed more low-key in recent years.

Swire’s four major businesses are real estate, beverages, aviation and automobiles.

Although the aviation industry has not developed much in recent years, it is still barely acceptable and has made a lot of money by relying on the flow of people in Hong Kong Island.

As for automobiles, it was an abandoned business. He was originally the exclusive importer of Volvo buses, coaches and trucks in Hong Kong and Macau.

However, after Volvo was acquired by Audi, this part of the business no longer existed.

He is also the dealer of many brands in Taiwan, including Ford, Mazda, and Mercedes-Benz. However, with the rise of Audi in recent years, this part of the business has also been hit hard.

In Southeast Asia, this is now Audi Group’s private territory, and the only brands that can compete are several brands from island countries.

So if we really want to talk about development for Swire in recent years, it is only in the real estate and beverage sectors.

However, problems have now arisen in these two areas, and anyone with a discerning eye can see that the Luo family is targeting the Shi Huaiya family.

The main business of Swire Beverages is the agency of Coca-Cola, and Luo Nianzhong has never asked Coca-Cola to take back this part.

However, as Swire is planning to acquire Coca-Cola in Taiwan, Watsons Beverages has not only joined the competition, but also put pressure on Coca-Cola to renegotiate the agency rights of Swire Group's Coca-Cola in Hong Kong Island, Macau and other places.

In addition to beverages, the real estate industry has put even greater pressure on Swire.

Originally, Swire wanted to join forces with Henderson Land, Hang Lung, Sun Hung Kai and New World to acquire the land for Phase 1 of Tung Chung MTR Station for joint development.

The land is not small and can be developed into less than 4,000 residences, a hotel and an office building with retail offices.

Originally all five companies had agreed on it, but recently the other four suddenly went back on their word.

Then there is the land of Shao Rong Steel Plant, which is another key project that Swire plans to develop within the next five years in addition to Tung Chung, and is also one of the two major real estate projects of Victoria Harbour.

Shao Rong Steel Works was the only large-scale steel rolling mill in Hong Kong Island in the past. You can imagine how large the land was.

The land in Tiu Keng Leng is more than enough to build 5,000 sea view homes, not to mention the land for the wharf and rebar factory.

You know, Taikoo Capital and the steel plant's owner, the Pang family, had agreed to jointly develop the project, but something unexpected happened before the contract was signed.

The reason is very simple. The new steel plant office building is located in the New Territories. The Pang family dared not disobey Luo Nianzhong's order, otherwise they would not be able to move forward in their new office building in the New Territories.

Whether it is this new office building or the factories built in the mainland and Southeast Asia, there are problems. It would be very easy for Luo Nianzhong to cause some damage.

The most critical issue is the raw materials. Not to mention that Shao Rong's steelmaking raw materials now come from BHE, even if he changes companies and finds a different supplier, the price will not be cheaper.

"Are you really willing to accept the other party?"

What did Luo Nianzhong want Shi Huaiya's family to do?

As long as the parent company of Swire Group is willing to move its registered address from Liverpool to Hong Kong Island, these things will still belong to their family.

Luo Nianzhong did not condemn this family as he did the other three families because it has value.

"It doesn't matter, a small Shi Huaiya family can't make any waves.

What's more, the relocation of the registration would be tantamount to a heavy blow to England. Even if they were in Cao's camp but their hearts were with Han, London would not trust them.

And this is not necessarily a bad thing for them, as Asia's business accounts for 80% of Swire's revenue.

If we really join the Far East system, the advantages will definitely outweigh the disadvantages. Maybe they are secretly happy about it.

(End of this chapter)