The sales volume on the first day of the market does not represent the future. After all, it was the large number of customers attracted by the continuous publicity in the past few days. In the following days, the sales volume showed a downward trend. By the seventh day, the sales volume was less than 500.
In 7 days, a total of 8,000 units were sold, which is already a very large number for Hong Kong, which has a population of less than 5 million. If it were placed in Japan according to the ratio, it would be 160,000 units, and the United States would have to double that number. three times.
Of course, it is impossible for Japan and the United States to sell in this model. The first reason is that it is difficult for publicity channels to cover hundreds of millions of people at once. The second reason is that the production capacity in Hong Kong is impossible. Even Japan may need It will be launched in Tokyo, and then slowly spread out as production capacity increases.
Later, Midea also sent 100 pieces of game boys to Sony, asking them to start promoting them in Tokyo. The cost was borne by Sony. Midea did not have the ability to promote in Japan, nor did it have the energy, so it was better to hand it over to dealers. , and the cost is deducted from each game console, but the price between the two parties is still in the game. If the sales volume is high, Midea will have the advantage, and if the sales volume is low, Sony, as the channel, will have the advantage. It follows the principle of market fairness.
Chen Zhiwen has never worried about the potential of Game Boy, because the games he owns are the chosen games. Before the emergence of smartphones, they were the kings of handheld games. In the era of feature phones, games such as Magic Cube and Snake The game still has a lot of users.
Ten days later, Midea received feedback from Sony that many people in Japan were very interested in this game, and the terminal price of 8,500 yen was nothing at all for Japan, which had already entered the developed world.
The explosion of the handheld console market is about to begin, and Midea Industrial Park has begun to fully produce Japanese-language game consoles.
At this point, Chen Zhiwen only needs to wait. The company has reached its current scale, and many things no longer require his constant intervention.
Hong Kong, in the presidential suite of the Grand Hotel:
"Sheng Bao, why are we meeting at the hotel?" Chen Zhiwen looked at the smiling Bao Yugang and asked curiously
Chen and Bao intend to get involved in the two major power groups in Hong Kong. If these two groups want to acquire, more funds will be involved. Bao Yugang will need a certain amount of time to gradually dispose of the ships in his hands, while Chen Zhiwen needs to invest funds. Gold market, so the plan in 1979 was to slowly absorb shares and wait until a certain time to sell them.
Therefore, the two basically meet every once in a while to discuss it. However, the Grand Hotel is owned by the Kadoorie family and is second only to China Electric Power Company. Bao Yugang seems to have other intentions in making an appointment here at this time.
"What do Chen Sheng think of this big hotel?" Bao Yugang asked with a smile.
"Does Mr. Bao also want to buy this big hotel? Are you trying to kill the wool of a sheep of the Kadoorie family?" Chen Zhiwen said with a smile.
"Yes and no. It would be great if we could acquire this big hotel. It doesn't matter if we can't acquire it. But what I think is that the Kadoorie family has strong funds. If they don't use up some of it in advance, when the time comes for my showdown to acquire China Electric Power, I'm afraid the pressure is not small. But if someone attacks the hotel on the stock market first, forcing the Kadoorie family to go back and acquire the hotel's shares at a high price, and may even trigger a takeover offer. At that time, even if the Kadoorie family's vitality is not seriously damaged, their funds On the other hand, it will definitely consume a lot of money." Bao Yugang said with a smile.
"This trick is indeed possible, but who will take action? It's better for the two of us to keep a low profile before taking action. We must find someone who has nothing to do with us." Chen Zhiwen nodded and said.
Later, Liu once attacked the stocks of a large hotel group. Public opinion at that time even rumored that Liu's target was China Electric Power. However, Liu was just a sniper. After selling the acquired stocks to the Kadoorie family at a high price, he cheated and retired. .
It is true that Liu was unable to acquire China Power in the late 1980s, but the Kadoorie family at that time did use a large amount of China Power's funds to protect the hotel group. In other words, if the same thing happens now, the Kadoorie family It is still possible that CLP Power’s funds will be used in order to save the hotel.
"I think so too. What does Chen Sheng think of Li Jiacheng?" Bao Yugang said.
"Li Jiacheng? I guess not. This guy is a smart man. If we tell him about the hotel, I'm afraid he will think that we are attacking China Electric Power." Chen Zhiwen shook his head and said.
"Then who is better to find?" Bao Yugang asked.
"It's better to look for overseas capital. This will not arouse suspicion, how about it?" Chen Zhiwen thought for a moment and said. In recent years, Hong Kong's economy has exploded, and domestic policies have become more and more open. Many Japanese, Southeast Asian capital, European and American capital They all come to Hong Kong to invest, some are engaged in trading business, and some are directly investing in real estate. The hotel itself is a very high-quality real estate project, and it is not impossible if it is acquired by overseas capital.
"That's okay. I know some hotel tycoons in Europe. It should be no problem to ask them to come forward. Anyway, I will provide the funds." Bao Yugang nodded and said.
"Actually, if you can acquire a big hotel, that's fine. It's a good asset anyway." Chen Zhiwen said.
"Forget it, let's secure CLP Power first. There are many five-star hotels in Hong Kong. Even if you want to acquire them, you might have a chance after a few years, but there are only two power companies." Pao Yugang said. .
Chen Zhiwen said: "Yes, it's mainly the power company. Mr. Bao, you know the situation in the Middle East these days, right?"
"I heard about it." Bao Yugang nodded and said, "The situation over there is getting more and more chaotic. Regional conflicts may arise at any time. If it does occur, the price of oil will probably rise a lot."
"In terms of public opinion, after long-term propaganda, the Hong Kong government does not dare to arbitrarily agree to the electricity price increase requests of Hong Kong Electric and China Power. I estimate that the news will come out soon. When the time comes, we will take action together to severely suppress Hong Kong. The stocks of China Light and China Electric Power Co., Ltd. should be suppressed to the point that many investment institutions panic sell, so that we can also make a large purchase." Chen Zhiwen said.
"Okay, then I will follow Chen Sheng's arrangements." Bao Yugang nodded and agreed. The total market value of the two major power groups is several billion Hong Kong dollars. Without some special means, it is indeed difficult to secretly acquire enough shares for a showdown.
"If this goes well, we will be able to officially launch the acquisition in the first half of next year." Chen Zhiwen said with a smile. Anyway, for him, if he gets the income from long gold, he will definitely make a move on Hong Kong Electric.
"Early next year?" Bao Yugang said with a frown.
"Is there anything wrong with Mr. Bao?" Chen Zhiwen asked.
"It's nothing. I don't know how much funds will be needed after the public acquisition. If I rely entirely on myself, it will be a bit difficult. I am just worried that HSBC will not give me a loan." Bao Yugang thought for a while and said.
"Are you worried that HSBC won't let our Chinese capital grow bigger?" Chen Zhiwen asked.
"As far as I know, Shen Bi has this intention." Bao Yugang nodded.
"HSBC is not the only bank in Hong Kong. There are many banks outside of Hong Kong. Mr. Bao, as the world's shipping king, it is not difficult for you to get a loan from an international bank. I can introduce you to a few." Chen Zhiwen shrugged. said.
"That's not necessary. Of course I also know overseas banks. These people are much more evil than HSBC. But when it comes to unavoidable situations, we can only let them take a bite. As long as we can get China Power, other losses don't matter. ." Bao Yugang was very tolerant.
"Okay, if you need it, let me know and I can introduce you." Chen Zhiwen nodded and said. Hong Kong companies basically give priority to borrowing from banks within Hong Kong. One of the main reasons for this is to avoid foreign exchange fluctuations and exchange time. Loss.
Another reason is that most overseas banks in Hong Kong are relatively unscrupulous and have higher interest rates. But having said that, generally speaking, those who go to overseas banks to borrow money basically mean that it is difficult to borrow money within Hong Kong. Such people have basically put their business risks aside. The spread is very high.
In his previous cooperation with Citibank, Chen Zhiwen also knew that Citibank’s interest rate was a bit higher, but his prophetic advantage was too great. It was more important to obtain more funds. It didn’t matter if the interest rate was slightly higher, but for local Hong Kong businessmen is unacceptable.
"Thank you very much, Mr. Chen." Pao Yugang paused and then asked: "There is another question. Some time ago, the Hong Kong government changed the conditions for triggering a takeover offer from 50% to 35%. It is clear that it wants to protect the British government. With the capital raised, the difficulty of our acquisition has further increased.”
"It's a lot of trouble, but it's not an unsolvable problem. We'll just have to deal with it when the time comes." Chen Zhiwen said.
Two months ago, the Hong Kong government changed the conditions for triggering the acquisition invitation. It was originally 50% and changed to 35%. This doubled the difficulty of acquisition, because before, as long as the funds were sufficient, you could acquire 40%. If it reaches above or even 49%, it will definitely control the entire company. But now once it reaches 34.9%, it can no longer acquire, because any further acquisition will trigger a takeover offer.
You know, when a takeover war breaks out, the stock price will inevitably skyrocket. If the acquirer purchases the remaining 65% of the stock at the previous highest price, no consortium can bear it. But if it only acquires 34.9%, then the original management will easily influence the shareholders. The general meeting makes it difficult for the acquirer to obtain 50.1% of the voting support, unless the current management of the company is so bad that it alienates shareholders.
"Okay, then I will prepare funds first. When China Power's stock price drops, I will buy the bottom." Pao Yugang nodded and said, the Hong Kong government has enacted laws to protect British capital, and they can't change anything. Adjustments will be made based on the new rules.
As the situation in the Middle East worsens, international oil prices once again exceeded the peak of 30 US dollars a barrel.
September is quickly approaching.
The handheld game boy began to be exported to Japan on a large scale. Although it was well prepared, the 300,000 pieces of handheld game consoles prepared in the entire warehouse were quickly snapped up by the Japanese market with strong demand, and then there was an endless rush for orders. However, the production of handheld consoles is much more complicated than fans. Midea Industrial Park has invested a lot of personnel, but it still cannot keep up with the growth in orders. Therefore, five assembly OEMs in Hong Kong and Bayan also started full-scale production.
At present, after deducting the distribution share to Sony, the Midea Group itself can earn 15 US dollars from an arcade machine. Although the current profit of handheld machines is not as good as that of arcade machines, the growth trend is gratifying, and the entire group finally has a non-arcade machine. Profitable business.
However, for other industrial companies in Hong Kong, life is not so easy.
Land prices in Hong Kong have risen sharply, and industrial rental prices have also risen sharply. At the same time, the rise in global oil prices has increased transportation costs and reduced overseas consumer demand. Under multiple pressures, the electronics industry has been slightly better.
However, what is worse than the industry is Hong Kong's two power giants: Hong Kong Electric and China Power.
Inside a building in Tsim Sha Tsui.
Michael Kadoorie was frowning as he looked at the bustling Harbor City not far away.
"Mr. Kadoorie, Mr. Governor rejected our proposed plan to increase electricity prices. They asked us to persist for a while. Maybe oil prices will fall soon." An assistant stepped forward and whispered.
"Did you imply that oil prices have nearly tripled, and if electricity prices are not allowed to rise, then I will have no choice but to turn off the fuel-fired generators. Then many places in Hong Kong will have power outages, and that will not be good." Michael Kadoorie frowned. said.
Although the current Governor MacLehose looks like a gentleman, he is very ruthless in his actions. The performance of the Independent Commission Against Corruption in the past few years has made no one dare to underestimate him. Therefore, it is better to send his subordinates to express some sensitive matters. It is true. If there is a problem, just abandon the pawn to save the rook. Of course, his own staff will not meet MacLehose, but his assistant. After the staff of both parties send messages, the language will be much smoother, and they will only meet when an agreement is almost reached.
Kadoorie would not do such a thing if it were not a last resort, but the international oil price has risen too sharply. It has increased by 300% in a few months, and it has increased 10 times compared to 6 years ago. And China Electric Power Co., Ltd. About 30% of its electricity comes from heavy oil combustion for power generation. If the electricity price remains unchanged and the losses are huge, CLP Power may be able to withstand it, but it will not be able to turn around in a few years, not to mention that the price of oil will not rise at all in the short term. signs of recovery.
"I also hinted, but the Hong Kong government means that as a power group in Hong Kong, we should assume certain social responsibilities. The entire society cannot afford a significant increase in electricity prices." The assistant paused and then said: "And The Hong Kong government also hinted that we raised prices during the last oil crisis, but then oil prices fell and coal prices fell, and we did not lower electricity prices."
"Hmph, it seems that MacLehose no longer knows that he is an Englishman. He fantasizes about becoming the first governor of Hong Kong every day." Michael Kadoorie snorted.
“But we can’t directly confront the Hong Kong government,” the assistant said.
"Then let's have more regional power outages, especially in those industrial areas. Once the power is out, they will suffer heavy losses. In order to stabilize the power, they will naturally take the initiative to communicate with us." Michael Kadoorie said with a smile. . Regional power outages are the norm, not only in Hong Kong, but also in Europe and the United States. As long as you insist that you didn't do it on purpose and don't do it too many times, the Hong Kong government won't be able to say anything.
"Then where should we stop? The largest industry in Hong Kong should be the Midea Industrial Park, where hundreds of containers come in and out every day. As long as the interruption lasts for a few days, Midea Group will probably be in a hurry," the assistant said.
"Taking action against Mei?" Michael Kadoorie was stunned for a moment, with a trace of hesitation on his brows, and said: "Chen Zhiwen is not easy to mess with. Yihe has suffered a loss at his hands, so let's change it to avoid trouble. .”
"That's okay. There are many factories over there in Hung Hom. We can start there first." The assistant suggested.
"Okay, but you have to avoid the industries of those big companies and just choose a path." Michael Kadoorie nodded and said. This kind of thing is also very common around the world. Many large power plants will increase their prices following natural disasters. Generally speaking, He wouldn't do this next time, but now that the Hong Kong government won't let him raise prices, he has no choice but to take a risky approach.
(End of chapter)
