Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 239 "238" Friendly business is making efforts, Boss Li: "..."

With the broadcast of the ATV news at noon,

The boycott of hundreds of supermarkets in Causeway Bay quickly caused a sensation across Hong Kong.

Stunned!

It feels incredible!

"Ah? Boycott supermarkets? You can do that!"

In a tea restaurant in the New Territories,

Table after table of citizens, either office workers eating lunch or elderly people enjoying a leisurely lunch.

When the ATV news clip appeared on the TV screen, reporting the boycott in Causeway Bay, the originally bustling restaurant fell silent, with everyone looking at each other in bewilderment.

“Hundreds of supermarkets were boycotted?”

"This Guan Zu is amazing. He is so popular in Causeway Bay that all the residents of Causeway Bay come out to support him."

"Look at those neighbors. They really respect Guan Zu. It can't be fake."

"This Guan Zu is truly remarkable. He has done so many good deeds."

"I've always heard that he does a lot of good things. Now I see that his reputation is well-deserved."

"This richest man Li has been involved in countless business ventures, but I never thought that he would suffer a setback one day."

"I guess he didn't expect Guan Zu to have such a great influence."

This shocking scene took place in tea restaurants, restaurants, offices, etc. throughout Hong Kong, and became a topic of conversation for many citizens after dinner.

The citizens did not expect that the reputable supermarket owned by Mr. Li would encounter such a strong boycott.

At the same time, they were also surprised by Guan Zu's popularity in Causeway Bay.

Of course, there is another group of people - stock investors, who have realized a problem - the stock market!
As soon as this news comes out, Hutchison Group’s stock will definitely fall in the afternoon!
Those who hold Hutchison shares are almost all old investors. Of course, they have to run away at this time!
There is no need to continue holding the position. Even if you are confident in Hutchison Whampoa shares, you can buy them back when the stock hits bottom in the future. It is equivalent to doing T. Isn’t that great?

They quickly made phone calls or ran to the trading market, determined to sell Hutchison Whampoa Group shares in the afternoon.

Try to run faster than others!

……

……

at this time,

Cheung Kong Group Headquarters Building,

The news has spread here, and many employees feel incredible and unbelievable.

As employees of the richest group, they have always had a sense of "honor" and feel that their company is invincible.

Unexpectedly, I fell because of Guan Zu.

Boycott supermarkets?

The most ridiculous thing in the world happened today.

“So many people support him~~~”

“It’s amazing!”

"Wait...it's noon now. Once this news comes out, won't the stocks in the afternoon be affected?"

An employee's expression suddenly changed.

He is an old stock investor.

With the economic boom in the 70s and 80s, the entire Hong Kong Island was known as one of the "Four Asian Tigers", and stock trading became the most popular thing for all Hong Kong citizens.

Everyone is an old stock investor!
“It will definitely fall!”

"Last week, the stock market was volatile during the Wong Tai Sin incident. With such a big incident this time, the stock market will definitely fall."

"I have stocks, I want to run!"

"Let me run first!"

As for sharing life and death with the company?

Please, the company is not yours, there is no point in sharing life and death with it.

Each of them is an old stock investor. They run faster than anyone else, and they are most afraid of not being able to escape and being trapped.

At this time,
Office of the Chairman,

Boss Li was watching ATV News with a gloomy expression.

The content of this news is very unfavorable to Baijia Supermarket.

He didn't expect that Guan Zu would be so supported by the people of Causeway Bay.

Moreover, just half an hour ago, he received reports from the general managers of hundreds of supermarkets in Wan Chai, Sheung Wan, Wong Tai Sin and other areas. These supermarkets were also boycotted by the residents. Although the boycott was not so strong, the supermarkets' turnover was still affected, with a drop of at least 10%.

"It seems that I still underestimated this Guan Zu!"

As these negative news come out, Hutchison’s stock will definitely fall.

Boss Li became very unhappy when he thought that Guan Zu would make a lot of money by shorting his stocks.

It is more annoying when your enemies make money from you than when you lose money yourself.

"Moreover, the two supermarkets..."

"It's a threat!"

……

……

"Unfortunately, there are only two friendly competitors... No, there is only one!"

Five Star Group Building,

The boss's office, the couplet from the boxing gym was moved here.

Guan Zu looked at the supermarket information in Wan Chai and felt helpless.

Currently in Hong Kong Island, chain supermarkets are monopolized by Wellcome and Best Buy, which occupy 90% of the entire market.

What is Wellcome Supermarket?
In 1960, Dairy Farm and Lane Crawford jointly founded a subsidiary, Lane Crawford (the two company names are connected together), and opened the Lane Crawford supermarket in Central, Hong Kong. It was the first supermarket in Hong Kong and was renamed Wellcome in the 1980s.

but!

In 1973, the Dairy Farm Company was forcibly acquired by Jardine Matheson Land (as soon as the acquisition took place, the price of milk began to rise sharply, which indirectly triggered the stock market crash in 73).

Later, Jardine Matheson Land was acquired by Boss Li, who completed the process of swallowing an elephant with a small company, and since then he has made rapid progress and become the richest man.

From this we can see that Wellcome also belongs to Boss Li!
I am speechless!
Boss Li has monopolized all supermarkets in Hong Kong Island.

As for Carrefour, it entered the Hong Kong market in 1996, but was defeated by Mr. Li in 1999 and withdrew from the Hong Kong Island market.

The reason was that the suppliers were forced by Mr. Li not to supply Carrefour, otherwise the supermarkets of Baijia and Wellcome would not accept the goods from these suppliers. Who could bear this? So Carrefour, a world-renowned chain brand, fled in disgrace.

but,

Guan Zu still has friendly competitors.

there are two
One is Aeon.

AEON: AEON opened its first comprehensive department store in Hong Kong in 1987, at Kornhill Plaza in Quarry Bay, North Point, 4 kilometers away from Causeway Bay.

Unfortunately, this Yongwang belongs to a Japanese ghost, so Guanzu directly passed it.

There is another one, which is China Resources.

state-owned enterprise.

In 1938, in order to unite democratic figures in Hong Kong and overseas who supported the War of Resistance against Japan and to accept and safekeep anti-Japanese donations and materials from all walks of life, the "Lian Wo Bank" was established in Hong Kong Island. In 1948, it was reorganized and renamed China Resources Company. In 1952, it was affiliated to the Ministry of Commerce. In 1983, it was reorganized and established as China Resources (Group) Co., Ltd.

One of our own!

Guan Zu tidied himself up and looked like a boss.

Out of the office,
I took Fang Ting downstairs. Xiaofu and Axing were already waiting in a blue Bentley at the company entrance.

Xiao Fu got out of the car and opened the back door for Guan Zu.

Fang Ting went in first, her low-waisted legs, round and tight, and wearing stockings...

Guan Zu never looks sideways and is a gentleman.

After getting on the bus, we set off and headed straight for the China Resources Building on Harbour Road in Wan Chai. This building was completed in 1983 and set a new record for the highest office building in Hong Kong that year. Standing on the Victoria Harbour, it became a landmark building in Hong Kong at the time. (It is hard to say whether it was deliberately competing for the first place, as if it was a feng shui battle.)
As for why Gloucester Road is called Gloucester Road?
This is a transliteration of a person's name.

Today, Guan Zu invited Mr. Zhu, the chairman of China Resources Group, to come and pay a visit.

This was the first time the two parties met, but they had already communicated several times by phone yesterday about the China Resources Supermarket matter. Now that they have a mature plan, they made an appointment to meet.

Office of the Chairman.

"Mr. Zhu, I have heard of you for a long time!"

"Mr. Guan, I've been hearing about you for a long time, and I finally met you today."

Mr. Zhu has been in Hong Kong Island, carrying out self-operated reforms for the China Resources Group. Naturally, he has heard of Guan Zu, who is based in Wan Chai. He recently arm-wrestled with Boss Li, which attracted a lot of attention.

Guan Zu sighed, "I want to keep a low profile, but trouble always comes to me..."

Mr. Zhu was immediately happy.

He thought Guan Zu was a troublemaker, but his love for doing good deeds made him feel good about him.

After chatting for more than ten minutes, we got down to business. "This is a rare opportunity, so we at China Resources Supermarket will not hold back. Thank you Mr. Guan for your support!"

"It's mutually beneficial. You're welcome."

"Okay, Mr. Guan, you're so straightforward... This time, I've prepared the flyers, coupons, and membership cards. In addition, I've also contacted the bus company. There will be three buses running back and forth between Causeway Bay and taking customers to China Resources Supermarket..."

China Resources Supermarket is on Gloucester Road, and is separated from the Parkson Supermarket on Hennessy Road by Jaffe Road and Lockhart Road.

Not too far.

It also falls within the Causeway Bay and Wan Chai area.

So for the citizens of Causeway Bay, the farthest resident in Causeway Bay is only 700 meters away from China Resources Supermarket, which is very close.

Of course, the bus also wants to attract as many passengers as possible.

As for membership cards, which are bound to discounts and points, there is a high probability that they will keep the citizens of Causeway Bay in China Resources Supermarket.

As for 100 supermarkets?

Damn you!

What benefits can Guan Zu get here?

China Resources Group paid 100 million yuan for hiring Five Star Property for promotion, and also made China Resources Group owe them a favor.

In addition, the neighbors boycotted Baijia Supermarket for 10 days, which caused them 10 days of inconvenience. Guan Zu always felt a little guilty, so it was a very good thing for the neighbors to get China Resources Supermarket to provide convenience to them.

Since the neighbors have given him peaches and plums, Guan Zu naturally has to give roses in return to express his gratitude.

after an hour,

The two parties signed, shook hands, and the cooperation was reached.

As for this cooperation, will it offend Boss Li and cause him to threaten suppliers and strangle China Resources?

please,

Don’t you even look at the background of China Resources?

And China Resources itself is a supplier.

Mr. Zhu stood up and said enthusiastically, "Mr. Guan, we have prepared a luncheon. Please come and have a look, Mr. Guan."

Guan Zu naturally agreed.

at this time,

Fang Ting came in and reported a piece of news to Guan Zu.

Just 20 minutes ago, the stock market opened in the afternoon and the share price of Hutchison Whampoa Group plummeted.

Guan Zu smiled at Mr. Zhu and said, "Once the news of China Resources' involvement spreads, the stock price will probably fall even more sharply..."

Mr. Zhu laughed and said, "I am looking forward to it very much."

……

……

Around 3 p.m.

After having dinner with Mr. Zhu from China Resources, Guan Zu returned to the Five Star headquarters.

On the way,

Guan Zu saw a group of people on the road, holding signs and handing out flyers.

"Aeon big discount!"

"Become a member and enjoy 8% off on all items!"

"Become a member and get a box of eggs for free. There are 1000 boxes in total, first come first served."

"Bus round trip, no worries about transportation"

Obviously, another competitor (crossed out) AEON saw the opportunity and acted quickly.

At this time, Mr. Zhu of China Resources and the president of AEON are probably laughing at Mr. Li: "Companies are idiots!"

The blue Bentley continued to move forward.

At another street corner, we met AEON’s publicity team again.

I even saw a bus picking up residents to go to AEON Mall in North Point.

Guan Zu called Ah Hua and asked, "Have you seen the promotion of AEON?"

Ah Hua: “I see.”

Guan Zu: "Let AEON pay 200 million, otherwise don't even think about promoting and recruiting people in Causeway Bay!"

This is pure blackmail.

I just don’t know if the Japanese will be very angry.

Ah Hua: "Okay, Zu Ge."

Guan Zu: "Also, for China Resources' ground promotion, you guys should hurry up and don't let Aeon surpass you."

Ah Hua said, "Don't worry, Brother Zu, the promotion is already halfway done. Flyers have been stuffed into every household, and we have people guarding the stairs in every building to ensure that the promotion is very effective."

What is the right time and right place? What is my territory?

This is!
……

One hour later, Ahua reported to Guan Zu. The president of AEON got angry for a while, but finally gave 1 million obediently.

Guan Zu: "Did I extort too little?"

Ah Hua: “…………”

That’s cruel enough, boss!

……

……

At 19:00 that evening...

ATV News continues to broadcast, and the focus of the news is still on the matter of Guan Zu VS Boss Li.

"This afternoon, the entrance of 4 supermarkets in Causeway Bay was still empty. In four hours, the total number of customers was only 30..."

"While the rival supermarkets, China Resources Supermarket and AEON Supermarket, each used their own tactics, using discounts to attract customers and using buses to send residents of Causeway Bay and Wan Chai to their respective supermarkets..."

"The residents of Causeway Bay said they were very satisfied with the discounts offered by the two supermarkets. The waiters were also very friendly, especially the China Resources Supermarket which was relatively close. The residents thought it could completely replace the B.A. Supermarket and become their first choice for shopping in the future!"

"In today's stock market, the shares of Hutchison Whampoa Group, which owns 4 supermarkets, were affected by this incident. From the opening to the closing in the afternoon, the stock price fell by %..."

……

“Bang~~~~”

Boss Li's Villa,

Boss Li is a tough and calm person. Even though he knew that Guan Zu made money by short selling, he didn't care much.

Even when the stock price fell, he remained calm.

And now, seeing that his competitors are making great efforts and seem to be trying to snatch the regular customers of his hundreds of supermarkets, he finally can't hold it anymore.

A teacup was broken.

……

a new day,
More than 30 newspapers in Hong Kong reported this incident as headlines.

"Boss Li suffered another heavy blow, hundreds of supermarkets are in trouble!"

"Guan Zu beat the master to death with three punches, and Hutchison Whampoa's stock price plummeted"

《Shocking! Guan Zu pressed 70-year-old Boss Li to the ground and rubbed him crazily! 》

"A handsome 20-year-old boy slaps a 70-year-old man (with picture of Boss Li)"

"China Resources and AEON enter the market to divide up the corpses of hundreds of companies!"

Newspaper after newspaper had sensational headlines.

Today, hundreds of supermarkets continue to be deserted.

As for the stock market, after the market opened, Hutchison Whampoa Group's stock fell faster than yesterday, falling 4.5% in just one morning. Although Boss Li wanted to pull it up, there were more investors selling/doing T, so it was impossible to pull it up.

Investors were a little uneasy when watching ATV news last night.

This was the largest supermarket owned by Boss Li. It was directly replaced by China Resources, which was definitely a huge loss for Hutchison Whampoa.

So, old stock investors, run away quickly!

……

At this time,
Reporters from all over Hong Kong went to Guan Zu and Boss Li to interview the two parties involved.

Especially Boss Li,

They really wanted to know how Boss Li felt at the moment.

The reporter of Five Star Daily has already started to think of a brilliant interview question: Boss Li, why don't you smile? Do you not like to smile?

(End of this chapter)