"Dad, this is what happened. Can you arrange for the Fu Family's reserve store managers to train in our China's shopping malls?" Li Zekai told Superman Li about the situation, hoping to get his father's support.
"You are saying that the people we sent over want to see the Fu Family's financial reports and business plans?" Superman Li asked.
"Err … I also did not expect this." Li Zekai was slightly embarrassed. He had given the people to him, but he did not manage them well.
"Just because of this, you agree to let those people from the Fu Family train in our shopping malls?"
"Dad, what's wrong with this? Exchange of trainings is the only way to ensure fairness. "Li Zekai asked.
"Silly! Don't you know what this Tai Hua Supermarket Corporation is doing? It is a hypermarket with supermarkets as the core! The Fu Family only knows about supermarkets, and the people I sent to you are mostly in the management of the shopping malls. In the future, they will be the ones competing for the regional manager. Now, you want the Fu Family to train in our shopping malls? In the future, all of us will be at the same starting line. You have wasted our advantage! "Superman Li banged on the table.
He had high hopes for his youngest son. Although he was not as mature as his eldest son, he had many ideas. Most importantly, he had become friends with Feng Yu.
Since the end of the 1980s, many Hong Kong businessmen had started to withdraw their investments from China. They felt that after Hong Kong's return to China, the policies would change, and it would be disadvantageous to them.
On the other hand, Superman Li did the opposite and placed his focus on China. He began to buy up the mess left behind by the withdrawal of investment in the mainland. This included land, factories, properties, etc. Among which, land and properties were the most, and factories were the least.
In the past 3 to 4 years, the Li family had not acquired many plots of land in Hong Kong. All the plots were taken away by Mr. Li, Fu Rongqi, Fu Rongqu, and a few other tycoons. The Li family had acquired a lot of land in China. The land area in China was more than 10 times of Hong Kong.
Superman Li had spoken to Mr. Deng and knew that Mr. Deng would not target Hong Kong businessmen. In fact, he would try to rope in and support the Hong Kong businessmen. This was to maintain Hong Kong's stability and continue to make Hong Kong one of Asia's brightest jewel.
Superman Li knew that after the first housing reform in China, there will be a second housing reform within a few years. At that time, the prices of commercial housing will increase again. At the same time, the prices of land and properties would also start to rise. The land and properties in his hands would also be able to make a lot of money.
To prove to the Chinese government that he was not buying land to hoard, he had converted some of the properties into shopping malls, office buildings, etc. He had also submitted the development application for some land. But there were many loopholes, and the higher-ups will not approve it. He can continue to hold the land and wait for the value of the land to rise.
Currently, the Li Family's most important business in China is the shopping malls. Superman Li wants to expand this business. Tai Hua Supermarket Enterprise should not have any conflicts with Tai Hua Supermarket Enterprise. Even if there were some overlaps, it does not matter. Tai Hua Supermarket Enterprise was targeting high-end shopping malls.
But the high end was profit, and the low end was also profit. If Li Zekai's men were the people in charge of those shopping malls, then he can influence the higher-ups' decisions. He can let Tai Hua Supermarket Enterprise and the Li Family's shopping malls not to compete with each other.
But now, Li Zekai's plan was ruined by Li Zekai. It was because Li Zekai did not control his men, and Feng Yu took advantage of this opportunity.
As for what Li Zekai said about Feng Yu only doing this to balance the market, Li Zekai does not believe him. Feng Yu was China's richest man. Li Zekai estimated Feng Yu's assets to be more than 6 billion HKD. But Superman Li felt it was even higher. Those companies were not listed yet. If they were listed, Feng Yu's assets would increase by at least several folds, and he would have the ability to compete with the Li Family.
Especially Feng Yu and the Fu Family were close. If both families were to join hands, then who will get to eat the cake in China? Feng Yu must be using this as an excuse to make a fuss. He had even discussed with the Fu Family to put on a show!
Li Zekai looked at his furious father and knew what he had done wrong. Although he was an arrogant man, he will still admit his mistakes.
"Dad, I did not agree to this immediately. I had only come back to discuss with you. If not, I will reject Feng Yu tomorrow and restrain my men. "
"Reject? How can you reject him? You think Fu Rongbing is easy to deal with? Although Fu Rongbing's assets were not much, he was still a member of the Fu Family. It was not easy to deal with the Fu Family's men, let alone with Feng Yu! Feng Yu was young and had built up his family's assets from scratch. How could he not be arrogant? If you embarrass him, it will be more troublesome than embarrassing the Fu Family! "Superman Li shook his head. His youngest son still needed more training.
"Dad, there is no need to place so much importance on Feng Yu. He might be powerful and wealthy, but he should not be compared to you. Feng Yu had met Mr. Deng, but you had met him more often. He might have a lot of assets, but they are not comparable to our family. Our family has the upper hand in terms of connections, experience, and ability. Why should we be worried about him? "Li Zekai replied.
"If it is in Hong Kong, there is no need to worry about him. But what about in China? Feng Yu's foundation in China is much deeper than us. Feng Yu had investments in Japan, Russia, and I guess he should also have investments in the US. Lawyer Wilson had bought a few properties in Hong Kong these two years, and those properties are worth a lot. Where did he earn all these money from? Think about our lawyer's fees, and you will know how many contracts Lawyer Wilson had audited for Feng Yu. "
Superman Li sighed. If he had not paid attention to Feng Yu, he would not know about Feng Yu's influence. Feng Yu should not be any weaker than him. Even in Hong Kong, he should be one of the top 10 tycoons.
The top 10 tycoons in Hong Kong are all worth more than 10 billion HKD, and the assets they control are worth more than 10 billion USD. This is considered a small figure.
Furthermore, Feng Yu was only 20 years old, and he had earned all his assets within 5 years. 5 years, and he had earned more than 10 billion HKD from scratch. He still does not have a listed company. How powerful is Feng Yu?
In Superman Li's heart, Feng Yu's position is the same as the Fu Family. He is the entire Fu Family and not a single member of the Fu Family!
Li Zekai's jaws dropped, but he could not say a word. This Feng Yu was more powerful than he had expected. He thought he had overestimated Feng Yu, but he still underestimated him.
"Agree to his demands. Ask those people who are going to Wellcome Supermarket to behave themselves and learn from him. This is also their chance. Don't disappoint me again! "
"Yes, Dad. Rest early. I will go back to work. "
Li Zekai walked out of the study room and returned to his room. He made a few phone calls and sighed in relief. At the same time, he was secretly excited. Feng Yu is so influential, and if he can befriend Feng Yu, it will be a great help to his career!
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