Hong Kong 1980: The Savage Era

Chapter 451 453 [A Huge Plan]

As long as Rocks Retail is willing to suffer losses, it will be quite easy to resolve this dilemma. If it continues to resist, it will only aggravate the crisis.

Unlike Watsons, Rocks and its parent company are private companies, personally controlled by Luo Qihong, while Watsons' parent company is Hutchison Whampoa, a large listed company.

If he dared to learn from Rock's method of blocking, Luo Qihong could have attacked Li Jiacheng from the board of directors of Hutchison Whampoa. Although it would have little impact on Li Jiacheng, it would have dealt a blow to Li Jiacheng's prestige in Hutchison Whampoa.

And this prestige is exactly what Li Jiacheng values ​​most, and perhaps it can produce some results.

"Okay, we'll discuss this with the supplier."

"Suppliers must be strictly screened and not selected arbitrarily. We don't need betrayers, and we cannot be betrayed repeatedly." Luo Qihong said in a deep voice.

He hated those fence-sitters and traitors the most. These people often had no loyalty and affection. Anyway, the business would be given to anyone, so there was no need to keep a tiger as a threat.

"Well, boss, let me add one more thing. In the early and mid-80s, Jardine Wellcome and Hutchison Whampoa ParknShop fought each other and both suffered heavy losses, allowing the Japanese to take advantage. Should we learn from the lesson? Go and talk to Li Jiacheng?" Li Gukun said cautiously.

They had some understanding of the hatred between the two, but they were not sure how deep it was and were afraid of breaking a taboo.

Luo Qihong thought about it, nodded and said, "That's a good suggestion. I'll ask my secretary to do it."

"Yes!" Li Gukun immediately breathed a sigh of relief. In this way, not only did he not offend his boss, but he also made a contribution.

mid-December.

Inside the luxurious box of the Mandarin Oriental Hotel.

Only Luo Qihong and Li Jiacheng were sitting at the table, but their seats were not close to each other.

"Mr. Luo is so amazing. In just ten years, he built a business empire that others would take decades to build." Li Jiacheng praised Luo Qihong with a smile.

Luo Qihong couldn't help but feel a little excited. The richest man in Asia in his previous life actually praised him, which proved that he was really amazing and had already made it to the top. However, he quickly returned to normal. After all, he had heard too much flattery.

"The prototype of a business empire is there, but the foundation is not as solid as that of my predecessors. I still need to keep working hard." Luo Qihong smiled slightly.

"You are too modest. It took billions of private funds to acquire Container Terminal 8. Not everyone dares to do this," said Li Jiacheng.

It turned out to be about the bidding for Kwai Chung Pier No. 8.

Luo Qihong hit back, "The container terminal is known as a cash cow, so there is no reason for me not to get in. I heard that the Hong Kong government was very dissatisfied with the Hong Kong International Container Terminal Company's monopoly on the Kwai Chung Container Terminal, so I decided to spend such a huge price."

"Really? I haven't heard of such a rumor." Li Jiacheng refused to admit it.

"Mr. Li, let's not beat around the bush. I'll be direct. I asked you out today because Watsons instigated Rocks' supplier to breach the contract. I hope Mr. Li can give me an explanation." Luo Qihong naturally wanted to take the initiative.

Li Jiacheng said, "This is normal business competition. Luo Sheng is also a veteran in the business world. Hasn't he encountered this kind of situation before?"

"I really haven't encountered that. It's just that in the first few years of the business, I heard about the interesting story that ParknShop and Wellcome were fighting hard, but in the end, the Japanese department store was cheaper." Luo Qihong laughed, "Hexiang Trading Company is already one of the four largest trading companies in Hong Kong, and it is still somewhat different from Wellcome back then."

"Mr. Li, do you really want to repeat the past and would rather lose money than defeat me? Isn't this Mr. Li's business philosophy?"

Li Jiacheng was immediately discouraged when he saw Luo Qihong lower his posture. If a fight really broke out, it would not be a war in the retail industry, but would most likely extend to various fields, including real estate. Once a fight broke out, Li Jiacheng did not think he could defeat Luo Qihong. Even if he won, he would only kill one thousand enemies and lose eight hundred of his own. This deal was not worth it.

Moreover, others will definitely take advantage of the opportunity to take over the market, and the losses will be even greater.

Luo Qihong is a well-known cash flow king. If Luo Qihong mobilizes a large amount of funds from overseas, he may be able to turn defeat into victory and acquire Hutchison Whampoa's market business.

"Then how does Luo Sheng want to solve it?"

"Simple! Forget about the loss, let Mr. Li get a prize." Luo Qihong said, "But I also want to save face, so I want to teach the suppliers a lesson. I suggest lowering their profits, which will benefit all of us."

This undoubtedly dealt some damage to Watsons' reputation, but it is not a big deal.

"What if I don't agree? What will Luo Sheng do?" Li Jiacheng suddenly changed his mind and became tough.

"What else can I do? Let's fight. Mr. Li should not be afraid of business war." Luo Qihong said with a smile, "But I am younger than Mr. Li. If I can't beat him, I can still fight Mr. Li's son. I believe that as long as I persist, I will win one day."

Li Jiacheng might be a hero, but his son is definitely not. At most, he has some pioneering abilities, but he is still far behind people like Luo Qihong.

Li Jiacheng was born in 1928 and is now 62 years old. Even if he could live another 30 years, Luo Qihong would only be 63 years old at that time, which is about the same age as he is now.

"Haha!! Luo Sheng's memory is really good." Of course Li Jiacheng didn't dare to gamble. If his son lost, he might lose all his life's hard work.

"Okay, since Mr. Luo is willing to stop the war, then I don't want to fight either. But those suppliers are Watsons' partners after all. Can Mr. Luo give them some face and let them go?"

Luo Qihong said, "Of course there is no problem with this, but someone has to bear the loss of Rocks. If we don't punish him a little, there will be endless trouble in the future."

"How about this, the supplier reduces the profit by 10% to give to Rocks?" Li Jiacheng said.

"OK! Ten percent profit is ten percent profit." Luo Qihong said with a smile.

"Since we are here today, why don't we talk about other things, Luo Sheng."

"what's up?"

Li Jiacheng replied, "There are two things. One is to drive out Japanese department stores and reduce their market share in Hong Kong. The other is Hong Kong telecommunications companies."

"What's the first thing?" Luo Qihong asked.

In fact, the second thing is the key point, and the first thing is just a smokescreen, but Luo Qihong needs to think about the second thing, so he asks the first thing first.

"Japanese department stores have always attracted customers with 'cheap and exquisite' products, and have firmly controlled the mid- and low-end markets in Hong Kong. I plan to introduce the mainland labor market to further lower prices and make the Japanese give up some market share," said Li Jiacheng.

"With Mr. Li's ability, he can do it by himself. There's no need to drag me along, right?" Luo Qihong said doubtfully.

"Mr. Luo, that's wrong. The low-end retail market is too big, and the manufacturers are involved in all walks of life. It is impossible for me to take care of them all, and I need to introduce these companies to the mainland." Li Jiacheng said.

Luo Qihong was immediately alarmed. This Li Jiacheng wanted to take the opportunity to please the mainland and achieve his own goals. It was simply killing two birds with one stone.

(End of this chapter)