Hong Kong variety show: I Am a Tycoon

Wei Li, standing to the side, asked curiously, "What brings this second young master here? To interrogate me?"

Chen Jiajun shook his head: "If he were still as stupid as before, he wouldn't have come looking for us in the first place!"

"So, you're planning to meet him?" Wei Li asked curiously.

Chen Jiajun shrugged: "Why not?"

As he spoke, Chen Jiajun straightened his clothes and led Wei Li to the office.

The second young master and Mr. Yuan had been waiting there for quite some time.

"What rare guests!" Chen Jiajun said with a smile as he walked over and shook hands with the two of them.

The second young master has indeed matured a lot. He clearly hates Chen Jiajun to death, but he doesn't show it on his face at all: "Not at all, we are the ones who have come to disturb Mr. Chen."

After they sat down, Chen Jiajun got straight to the point and asked, "I wonder what brings you here today, Second Young Master?"

Seeing that Chen Jiajun had no intention of beating around the bush, Mr. Yuan said directly, "I've heard that Mr. Chen is somewhat interested in the Eastern Telegraph Company?"

Chen Jiajun smiled and said, "So you guys found out? Don't blame me, it's just a business tactic!"

Chen Jiajun readily admitted that he was the one who was behind it all.

After all, he had met with many bank presidents and executives during this period, and if someone wanted to investigate, it would be impossible to hide it.

The second young master's face immediately turned ugly.

Mr. Yuan smiled and said, "I understand, but... Mr. Chen, you're not only interested in the Eastern Telegraph Company, are you?"

"Huh?" Chen Jiajun was taken aback. "Is there a difference?"

Mr. Yuan said with a smile, "Of course there is a difference. The main business of the Eastern Telegraph Company is in England and many British colonies. I think given Mr. Chen's tense relationship with the English, he certainly wouldn't go into other businesses, would he?"

"So, what are your plans for next?" Chen Jiajun looked at the two of them with a hint of amusement.

Mr. Yuan said with a smile, "So, Mr. Chen, all you want is Hong Kong Telecom. I think we have a basis for cooperation."

Chen Jiajun immediately understood why the two had come to see him today.

These two guys are trying to follow me around and get a piece of the pie!

However, this doesn't seem to be a problem. Mr. Yuan is absolutely right. Chen Jiajun really has no interest in the other businesses of the Eastern Telegraph Company. All he wanted from beginning to end was Hong Kong Telecom.

Moreover, the only competitor the Great Eastern Telegraph Bureau currently faces is the Second Young Master. If they join forces, they can give that foreigner Wallace a good dressing down.

So Chen Jiajun smiled and said, "I wonder how Mr. Yuan would like to cooperate?"

Upon hearing Chen Jiajun's agreement, the two men's faces lit up with joy: "We'll each contribute half the funds to acquire the Eastern Telegraph Company first. Hong Kong Telecom will definitely belong to Mr. Chen. As for the rest... how about we discuss that?"

Chen Jiajun immediately laughed: "Mr. Yuan is indeed very good at business. However, the Eastern Telegraph Company is asking for 18 billion US dollars. Do you two think it's worth the price?"

“That’s impossible!” Mr. Yuan shook his head decisively and said, “This company is not worth that price at all!”

"I think so too," Chen Jiajun nodded and said, "So, I'd like you two to help me out!"

……

After seeing the two off, Chen Jiajun called Wei Li over.

"Boss, did you need something?" Wei Li asked, looking puzzled.

Chen Jiajun smiled and said to Wei Li, "That's right, you go and break up the negotiations with the Eastern Telegraph Bureau!"

"Huh?" Wei Li was stunned.

Chen Jiajun said with a smile, "It's alright, just do as I say!"

Wei Li frowned, then suddenly realized something and said in surprise, "Boss, you've reached an agreement with that second young master?"

Chen Jiajun smiled and nodded: "Although I have money, I'm not some rich swindler! 18 billion US dollars is simply treating me like a sucker! I have to teach him a lesson!"

Upon hearing this, Wei Li immediately laughed: "I've also been annoyed with that Wallace for a long time, I'll go and do it right away! But boss, this second young master won't be up to any tricks, will he?"

"He wouldn't dare!" Chen Jiajun said domineeringly, "If you piss me off, even if it's his father, I can make him regret it!"

Now that both sides have reached an agreement.

The following day, Chen Jiajun directly instructed Wei Li to notify the employees who were in contact with the Eastern Telegraph Company to suspend negotiations.

Wallace was somewhat flustered by Chen Jiajun's sudden move.

What he likes most is having multiple people competing for his company.

In this way, he can hold out for the best price, let the other party start the fight, and then profit from it.

He had already chosen his targets: the second young master and Chen Jiajun.

Moreover, Wallace was well aware that Chen Jiajun and the second young master were not on good terms.

Therefore, Wallace felt that he had them cornered.

The price he offered the second young master was extremely high, and he even felt that he could raise it a bit more.

After he sells the Eastern Telegraph Company, the shares he gets will be enough for him to obtain a title.

Wallace had no idea that, under Mr. Yuan's intervention, the second young master would immediately back down to Chen Jiajun.

So, the next morning, Wallace received news that Chen Jiajun intended to suspend negotiations. This immediately threw Wallace into a panic.

One of the potential competitors simply withdrew from the game, so how can they raise prices now?

The Eastern Telegraph Company is definitely going to be sold. Although he is the chairman, he is not the largest shareholder.

The largest shareholder of Eastern Telegraph Company has returned to England and has urged him to sell it more than once.

If he doesn't sell, they won't be able to get past the shareholders alone.

These Englishmen are afraid that they will be purged from their hometowns and won't get a single penny back, which would be terrible.

Moreover, Wallace himself was also very scared, so after thinking for a long time, he made a phone call to Chen Jiajun.

They intend to bring Chen Jiajun back to the negotiating table.

The person who answered the phone was Chen Jiajun's private secretary. Wallace simply said he was looking for Chen Jiajun.

A moment later, Chen Jiajun's voice came through the phone.

Wallace quickly asked, "Mr. Chen, I received a notification from your side today that you have decided to terminate the negotiations? What happened?"

When Chen Jiajun heard Wallace's cautious question, he couldn't help but want to laugh.

However, he still said seriously, "Mr. Wallace, your offer is really not sincere at all! Although I need the Eastern Telegraph Company, it's not indispensable!"

"But Mr. Chen, Cable & Wireless's Hong Kong Telecom accounts for 45% of Hong Kong's telecommunications business. If Mr. Chen wants to enter the telecommunications industry, Cable & Wireless is the most suitable. Moreover, our business is not limited to Hong Kong; we also have operations in England, Malaysia, Japan, and other places!"

Wallace was no longer arrogant as before, but instead acted like a salesman, promoting the services of the Eastern Telegraph Bureau to Chen Jiajun.

Chen Jiajun was already used to the business world's arrogant-to-flattering tactics, so he remained unmoved and said, "I have many ways to enter the telecommunications industry, such as... acquiring other telecommunications companies in Hong Kong! I estimate that even if all of these are combined, it won't cost more than 18 billion US dollars."

"As for the price, I think we can discuss it," Wallace quickly said.

However, Chen Jiajun seemed determined not to continue the discussion, and said indifferently, "I'm sorry, I have other things to take care of. I hope we can cooperate again in the future!"

After saying that, Chen Jiajun hung up the phone.

Hearing the busy tone on the phone, Wallace was completely dismayed.

He didn't expect Chen Jiajun to be so decisive; once he said he wouldn't talk about it anymore, he really wouldn't.

Indeed, Wallace admitted that his previous attitude was not good.

But this is business, after all. How can you, Chen Jiajun, be so willful and just refuse to talk about it?

If you don't negotiate, how will you raise the price with the second young master of the Li family?
Thinking about this, Wallace felt extremely frustrated and slammed his fist on the table.

Now he's in a very passive position!
However, Wallace was no ordinary man to have served as chairman of the Eastern Telegraph Office for so long.

After recognizing the current situation, he quickly adjusted his strategy, changing his previous lukewarm attitude and promptly contacting the Second Young Master's side.

What Wallace didn't expect was that this time it wasn't the second young master himself who was in charge.

Instead, it was a guy named Mr. Yuan who was even more difficult to deal with than Chen Jiajun.

“16 billion US dollars, that’s the lowest price! You know, the price I offered Chen Jiajun was 18 billion!” Wallace said angrily to Mr. Yuan.

Mr. Yuan calmly replied, “But the Great Eastern Telegraph Company is not worth 18 billion at all! Let alone 18 billion, it's not even worth 16 billion! We can't possibly pay a premium to acquire such a company! Moreover, the Great Eastern Telegraph Company is constantly incurring losses.”

Wallace angrily asked Mr. Yuan, "What's the highest price you're willing to offer?"

"Ten billion, that's our limit!" Mr. Yuan said calmly.

"That's impossible!" Wallace refused without even thinking. "If it's that price, I can't explain it to the board of directors. I can't do business at a loss!"

Upon hearing Wallace's words, Mr. Yuan couldn't help but snort inwardly.

The Eastern Telegraph Company was clearly planning to leave the Hong Kong market, and at this time, that damned foreigner Wallace was still thinking about making a profit. He was simply insatiable.

However, on the surface, Mr. Yuan said with a sense of helplessness, "If both sides compromise, we can raise the price to 11 billion US dollars."

“15 billion is my bottom line,” Wallace said in a deep voice.

The two sides offered too much, and ultimately parted on bad terms.

Fortunately, unlike Chen Jiajun, neither side directly terminated the negotiations.

Moreover, because there is no disruptor like Chen Jiajun, the differences between the two sides are slowly converging.

Ultimately, after Mr. Yuan offered 12 billion, he refused to continue negotiating.

Mr. Yuan said to Wallace with a helpless expression, "We have visited all thirty banks, big and small, in Hong Kong and raised a total of 12 billion. If Mr. Wallace is still not satisfied, then we will have no choice but to stop the negotiations."

Upon hearing Mr. Yuan's final offer, Wallace frowned.

Although the price was far below his expectations, it was still enough for him to make a small profit.

After a moment of silence, Wallace said, "I can't make that decision on the price; I need to contact the board of directors."

"Let's keep in touch!" Mr. Yuan said, getting up to take his leave.

After Mr. Yuan's team left, Wallace called his assistant: "Martin, go and investigate how much money the second young master of the Li family has borrowed from various banks. Remember to find a corporate spy, don't do it yourself!"

Martin, the assistant, nodded: "I understand, boss!" (End of Chapter)