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Chapter 172: Too much money makes me worried!
Suning has indeed been suppressing the rapidly growing Su Group, because the group's development speed has exceeded its expectations, making Suning feel somewhat out of control.

In order to get rid of this insecurity, Suning will no longer develop new businesses in the short term, but will instead cultivate its "internal strength" bit by bit.

However, there is a large amount of funds lying in the account, and Sony Su is constantly accumulating new wealth every day, which makes Suning feel both painful and happy.

Suning also considered investing in gold, but the cheap price of land in Hong Kong forced Suning to temporarily give up its gold reserves. The price of gold was soaring, which was no match for real estate.

My impression is that the land prices in Hong Kong Island really started to soar in the 1960s and 1970s, so Suning can still enjoy the last wave of land dividends in Hong Kong Island.

The British Hong Kong government is not a fool. It has not released too much land at this stage. Most of the high-quality land resources are controlled by British trading companies.

So Suning took a different approach and bought old and dilapidated buildings and residential areas, and when the time was right, they would demolish and rebuild them.

It is inevitable to encounter financial difficulties when doing business, but Suning’s outrageous operations directly led to a large amount of wealth lying in the account, which made HSBC and British trading companies jealous. This is also the biggest reason why the British Hong Kong government had bad intentions.

Although the British-owned trading companies usually behave very arrogantly, when faced with the rising Chinese-owned "leader" Su Group, they have to put aside their arrogance and come to the Su Group to borrow money.

Borrowing money is absolutely impossible because Suning is not interested in the interest rate. So let these British trading companies use the huge amount of high-quality land resources and building assets in their hands to trade.

Although the frequency of such transactions is not very high, it still makes Suning feel surprised. After all, land resources are the most valuable assets, and they are also the cornerstone of whether Su's real estate can make rapid progress in the 1970s and 1980s.

In this way, the Su Group and the arrogant British trading company maintained a very complex and delicate relationship. The British trading company was like an addict, selling off the best land resources bit by bit.

When Governor Robert Black leaked the news that Suning's Su Group was interested in acquiring Hutchison Whampoa and Wharf Holdings, it caused a strong reaction from the British companies, and Governor Robert Black eventually gave up the idea of mediation.

The result was that British trading companies began to be wary of Suning and the Su Group, and would rather borrow from HSBC when they needed funds than sell their own trading company assets.

After the news that Suning wanted to acquire the British trading company was published in the newspapers, even the residents of Hong Kong Island were not optimistic about Suning's behavior and secretly laughed at Suning's arrogance. This was because the status of the British trading company in Hong Kong Island was too deeply rooted in the hearts of the people.

In desperation, Suning stopped worrying about the matter and instead began to openly acquire shares of Wheelock, Hutchison Whampoa and Wharf Holdings.

Suning's stock acquisition move completely caused panic among British banks because they had previously looked down on Chinese capital, which led to their operations being particularly strange.

Just like the shares of Hutchison Whampoa in the original time and space, the British trading company only needed to hold 5% to control the entire Hutchison Whampoa Group.

A large amount of funds were transferred by British trading companies to other assets and investments. This is why Pao Yue-kong was able to initiate the acquisition of Wharf Holdings in the 1970s and 1980s, because the British trading companies were too arrogant and weak.

Suning's "crying wolf" move completely frightened the British companies in Hong Kong Island, causing them to increase their holdings of shares in their respective listed companies, causing Hong Kong Island stock prices to soar. They would inevitably need to borrow money from HSBC or deal with and abandon some less important investment projects.

Seeing the stock price soaring, Suning was not a sucker, so it simply stopped the acquisition and began to wait slowly.

Just like a hunter hunting prey, Suning has plenty of time and patience. He will chase the prey relentlessly and wait quietly for the prey to become weak.

Suning stopped, but the British trading company was in trouble. In order to resist the attack of the Su Group, they gave up too much benefit, but in the end it benefited the "big dealer" HSBC. Suddenly, it felt that the loss outweighed the gain.

"Mr. Su, your acquisition this time really boosts the prestige of us Chinese!" Pao Yue-Kong looked at Suning in front of him with a smile on his face.

"Brother Bao, I just want to buy stocks normally.

I never thought these usually high-handed foreign companies would be so panicked!"

"Haha, obviously!
They are fat, yes, but they are too weak!
How can I compare to a real fat guy like you!"

"Brother Bao, are you praising me or insulting me?"

"Haha, of course I'm praising you!

Now in Hong Kong Island, who dares to criticize you, Suning! "

"Hasn't Brother Bao always liked to travel around with his own fleet?
How come you have time to come to me today?"

"Haha, I'm a little tired, so I came back to Hong Kong Island to rest for two days!

Fortunately, I returned to Hong Kong Island, otherwise I would have missed such a classic acquisition battle!
There’s more!
Mr. Huo would like to invite you to come out and sit with us someday when you have time, so that we Chinese businessmen can get together!"

"Haha, that's a great feeling!
That’s exactly what I wanted!
Any day is fine. Once the time is set, just let me know!"

As for Chinese tycoons like Lao Bao and Lao Huo, they have always had little contact with Suning due to the age gap. In fact, it is more because Suning is used to being lazy and does not like the constraints of banquets.

Suning has always been very clear-headed about these predecessors. Although he is currently ahead of them, he dare not relax at all.

Just like a race of "the tortoise and the hare", Suning will definitely gain some advantages at the beginning by relying on its advantage of being a prophet, but there is still a big gap between it and these real bosses with deep background.

Although Pao Yue-kong's World Shipping only started in 1955, it had a place in the shipping industry four years later in 1959. However, like Suning, it usually keeps a low profile and is not well known to Westerners.

The fact that he came to invite me personally was a great honor to me. As a younger person, I should of course respond appropriately.

Seeing that the British-owned companies in Hong Kong were watching his actions in the stock market as if they were facing a great enemy, Suning realized that it would be difficult to buy large amounts of stocks in a short period of time, so he simply stopped completely.

After calming down, Suning started to worry again about the large amount of money in his account. While others were worried about not having enough money, Suning was worried about having too much money.

"Boss, a man who calls himself Lu Bing came to visit.

Since we didn't make an appointment in advance, I don't know if the boss is willing to meet me?" At this time, Suning's secretary walked in.

"Lu Bing? Did he say which company he was from?" Su Ning seemed familiar with the name, but he couldn't remember it for a moment.

"Huh? I didn't ask!
But he said that if I mentioned his name, you, boss, would agree to meet him! "The secretary was also a little bewildered.

"." As my status has risen, it is really rare to see someone so confident now.

Seeing his boss's speechless expression and realizing that he had done something wrong, the secretary quickly said, "Boss, I'll go ask now!"

"Forget it! Just bring him in!"

"Yes! Boss!"

Soon the secretary brought in an old man in his fifties and walked into Su Ning's office. Only then did Su Ning remember the identity of the visitor.

"Oh! It's Chairman Lu!
It's been almost seven or eight years since we last saw each other in such a hurry, right?"

"Haha, Mr. Su has a good memory!
After arranging the reconstruction of Tung Tau Village in Kowloon, I returned to China!"

"domestic?"

"Oh! It seems Mr. Su doesn't know my identity yet!

It’s also my fault that I didn’t introduce it just now!

I am currently the deputy director of the Xinhua Society.

I will need Mr. Su's care in the future!"

"Uh?"

Suning was really shocked. As a time traveler, he certainly knew what Xinhua Society represented!
When discussing the reconstruction of Tung Tau Village in Kowloon, Suning thought that Lu Bing, who claimed to be the chairman of the Self-Help Association, was a native like the "New Territory Taigong". He never expected that he was actually
"Haha, it turns out to be Director Lu. How disrespectful!"

"Mr. Su, I came here this time to ask for your help!"

"Oh? Director Lu, if there's anything you need from me, please let me know!

I will do my best!"

"Thank you, Mr. Su!

I need to buy some food in China recently, so I would like to ask Mr. Su for help!"

"." Hearing Lu Bing's words, Su Ning's heart moved, and then he remembered the big event, and stopped talking nonsense.

"Director Lu, my business does not include food!
There are shipping companies.

If necessary, I can arrange a fleet to transport food for you."

"Mr. Su's business is so big!

Don't you have any connections to buy cheap food?"

“I do have a friend who makes food!
How about this!
Director Lu, can you let me make a phone call first?"

"Of course! Mr. Su, please feel free to do so!" Suning thought of Michelle and Susan who were far away in Australia. They seemed to have been running a grain business after returning to Australia. Suning did not avoid Lu Bing's presence and went straight to Australia.

"Michelle, I'm Suning!"

"Oh! Fatty Su, you finally knew to call me!"

"I remember that after you returned to Australia, you have been running a grain business?"

"Yes! Do you, Fatty Su, also want to do the grain business?"

"No! I have a very good friend who needs a lot of cheap food. Wheat, rice, and corn are all fine!"

"A lot? How much exactly?"

“As many as you can get!

Give me a million tons first!"

"Ah? Could it be because of..." Michelle may have realized something.

"Hey! Can we get it?" Suning stopped Michelle from speaking next.

“It’s okay, it’s okay!

However, you need to pay in US dollars, of course Japanese yen is also acceptable!

so."

Su Ning glanced at Lu Bing across from him, nodded in agreement, and said, "Okay! I'll transfer you a deposit of 10 million US dollars first!
The price must be favorable!"

"Fatty Su, don't worry!
As a friend, you rarely need me.

You won’t be disappointed this time!”

After Su Ning hung up the phone, he looked at Lu Bing who was sitting opposite him, and said helplessly, "Director Lu, you heard it too!

The foreign devils only recognize the US dollar and the Japanese yen!"

“Haha, I understand!

It’s just that the domestic foreign exchange reserves are a bit too small!

possible"

"I know! It just so happens that the Su Group can temporarily advance this foreign exchange!"

"That's great! Thank you Mr. Su for your help!"

“Oh, that’s not really help!
I'm not in a position to discuss the specific price, so you need to discuss it directly with Michelle!"

"Haha, we can understand!

Regarding the price, we will discuss it directly with the other party!

It’s just that Michelle is?”

“This Michelle used to work for the British Hong Kong government.

Back then, he and I ran Su’s Real Estate together, but later he withdrew his shares and returned to Australia to live.

At most, we are business friends, so there is no need to worry too much when negotiating prices!"

“So that’s it!

Then we will know what’s going on!
However, can the funds advanced to Mr. Su be returned in domestic currency?

“It’s okay, it’s okay!

But we can’t use domestic currency all the time!

So, I do have a suggestion, Director Lu, please consider it!"

"Oh? Mr. Su, tell me!"

“I heard that some antique calligraphy and paintings are being sold in China!

Although I don't know much about antiques, I still plan to build a private museum of Chinese culture in Central."

“So, can we try to pay Su with antique calligraphy and paintings?

You are responsible for quoting prices and distinguishing authenticity.

It is best to arrange several experts in antiques.

I would like to hire them to Hong Kong Island to manage the daily operations of the private museum.”

"Huh? No problem!

I will report this matter to my superiors!" Lu Bing said with surprise when he heard Suning's request.

“I also like calligraphy and paintings by modern and contemporary celebrities.

For example, calligraphy and paintings by famous people like Qi Baishi and Zhang Daqian are all acceptable!
You decide the price, I won't bargain!
As long as it can be guaranteed to be authentic!"

"Haha, Mr. Su, don't worry!
There's no need to worry about these issues!" Lu Bing assured confidently, patting his chest.

“Also, there is a Su Sony Semiconductor Company under the Su Group.

Currently, radios and televisions are produced, as well as household appliances such as refrigerators and washing machines.

Therefore, we particularly need some high-quality talents.

I want to hire mainland university graduates to work at Su's Sony in Hong Kong Island."

“I will report this matter to my superiors as soon as possible.

After all, I can’t make a decision!”

"Haha, this is understandable!

Our company will provide each university student with a scholarship of US$1,000, which will be directly transferred to the university in mainland China."

"Huh? Are you serious, Mr. Su?"

"Of course! We can leave these scholarships to the school to train other college students.

This will form a virtuous cycle!

As for the university students coming to Hong Kong Island, all food, accommodation and transportation expenses will be covered by Su's Sony!"

"Also, our company provides night school activities. For them, coming to Hong Kong Island to work is like half studying abroad and half working!"

"Then do you have any other requests from Su Sony?"

“There are no other requirements!

It’s just that most of the researchers at Sony are semiconductor experts from Germany and Japan.

Therefore, college students who come to Hong Kong Island to work should learn German or Japanese in advance so that they can communicate normally in daily life!
Of course, English is also acceptable. After all, English is an international language, so we should be able to communicate.”

As Suning explained, Lu Bing's face became more and more surprised, because this was a true win-win situation.

As for whether the leaders will agree, there will definitely be no problem. Whether it is antiques or hiring mainland college students, it will benefit the mainland with no harm.

(End of this chapter)