As soon as Hengyu Supermarket Group announced a 7.5% off sale, Henry Keswick received a report from the company's personnel.

Henry Keswick knew very well that now they had to follow suit, otherwise Wellcome's market would be completely squeezed by Hengyu Supermarket.

Henry Keswick said to the chairman of Wellcome Supermarket: "You continue to give me the Hengyu Supermarket Group, at this time we will see who can hold on longer, now you don't have to think about profitability, Wellcome Supermarket can protect the capital." ”

The person in charge said, "I will do what you tell me to do." ”

Henry Keswick immediately contacted Shen Bi and George Lavine after the head of Wellcome left, and he now needed the support of these two gods of wealth.

In the past, part of the profits of Wellcome Supermarket would be used by the group for the turnover of the group's funds, but now let alone provide it to the group, it would be good if the group did not provide funds to Wellcome Supermarket, and he himself did not know whether the Li consortium would hurt people with this, which would bring considerable pressure to them Jardine.

At three o'clock in the afternoon, Henry Keswick and the three of them still came to the box of the Mandarin Oriental Hotel owned by Jardine Matheson to discuss how to deal with the attack of the Li consortium.

Since HSBC and Standard Chartered were involved, Henry Keswick couldn't go to one of the banks, so he could only invite the two to the Mandarin Oriental.

Henry Keswick said: "Shen Bi, Laven, now we are in urgent need of your financial support, and this time the Li consortium obviously wants to defeat our Wellcome at once. ”

Shen Bi and George LaVine are also very concerned about the actions of the Li consortium, especially the Hengyu Supermarket Group, which is the pioneer this time. They knew that once Jardine Matheson could not bear the pressure and retreated from the Xiangjiang market, then they would face off with the Li consortium next.

Shen Bi said: "Keswick, where is the bottom line of your Jardine Matheson, we are also paying attention to the actions of the Li consortium this time, you just kept up with their discounts, and they immediately continued to sell at a more favorable price, we don't know where Li Guangyu's bottom line is." ”

Henry Keswick is also a little worried about this, Hengyu Supermarket Group is a sole proprietorship of Li Guangyu, and he does not need to be responsible to anyone, even if he loses money, no one will be held accountable. He himself can't, once he loses, there will definitely be many shareholders who are dissatisfied with this, and if he insists on going his own way, it is likely that those small shareholders will choose to transfer their shares.

Henry Keswick said: "We can only decide by looking at the actions of the Li consortium now, we have initially set a 7% discount range, this price can only be enough to protect the capital, I believe that the Li consortium is similar to our side, just see if Li Guangyu will sell at a loss this time." ”

What Shen Bi and George Lavine are most worried about is this situation, the Li consortium has the profits of major groups as support, as long as Li Guangyu is willing, Hengyu Supermarket dares to sell at half price.

Even if it is a capital preservation operation, Jardine Matheson Group is not affordable, Shen Bi is not very optimistic about the future of Wellcome Supermarket, but now the British-funded consortium in the industrial field, only Jardine Matheson can still resist the Li consortium, once Jardine is not there, the two banks will be quite difficult to face the Li consortium alone.

George LaVine said: "Keswick, can you convince the major shareholders of your group to support your decision in this matter?" Otherwise, even if our two banks support you financially, it will be useless if you are unwilling to let Wellcome and the Li consortium fight against each other within the group. ”

George Lavine didn't want the loan given to them by his bank to be used elsewhere, and he didn't want Wellcome to ignore it, and he didn't want Standard Chartered to use the money given to Jardine Matheson Land, and the current situation of Heung Kong Real Estate was a bit delicate.

Henry Keswick himself did not dare to guarantee that these shareholders would be willing to play with Lee Guangyu like this, but he himself had to persevere, otherwise their Jardine Matheson industry would only be slowly eaten by the Lee consortium one by one.

He said to the two: "I will try to convince the major shareholders that if necessary, I will separate Wellcome from Jardine Matheson, and we plan to resist the competition of Hengyu Supermarket for at least the first three months." If he doesn't make a profit in these three months, or even loses money, I don't think Li Guangyu will continue like this, you must know that he is also a businessman, and he will not do anything that harms himself and others. ”

Shen Bi and George LaVine knew Henry Keswick's plan as soon as they heard it, this one was ready to resist a wave of attacks by the Li consortium, and then sit down with the Li consortium to negotiate peace and cancel such a price war.

At that time, it was estimated that the losses of the Li consortium were not small, maybe they could really stop the price war between the two sides, and Jardine Matheson could also maintain their market in this area.

As for the uselessness of looking for Li Guangyu now, the Li consortium needs such a move to seize the market, and they have absolutely no intention of peace talks at this time.

The price war of several major supermarkets will make countless small and medium-sized supermarkets fall, and this part of the market will be occupied by Wellcome, Hengyu and Watsons.

You must know that Hengyu Supermarket can not make money, but Watsons can't do it, and there are many shareholders there, and it is not Li Ka-shing and Li Guangyu who can completely call the shots.

For Henry Keswick's plan, Shen Bi and George LaVine are very much in agreement, three months is neither long nor short, Jardine can bear it, and those small and medium-sized supermarkets are estimated to be closed in this short period of time, and the vacancy of those markets is enough to meet the entry of the Li consortium.

Shen Bi said: "Keswick, we at HSBC are willing to provide you with a loan to Wellcome, so that they can deal with the price war of the Li consortium in the past few months, this money can only be used in Wellcome, you don't think about misappropriating it for other purposes, we will supervise it." ”

Shen Bi is aware of some of the financial situation of the Jardine Group, they are now demolishing the east wall to make up the west wall, once a group has a problem, it will form a chain reaction at that time, especially on the side of Jardine Land, but the Wellcome supermarket is a little safer.

George Lavine, like Shen Bi, demanded that the Standard Chartered loan must also be used in Wellcome.

Henry Keswick was very dissatisfied with this, how to use the loan of his group, Shen Bi and the others actually put forward restrictions, just to be able to keep the Wellcome supermarket, he did not vent his dissatisfaction.

Henry Keswick said: "You can rest assured, before the price war with Hengyu Supermarket is over, our Jardine Matheson Group will not embezzle the funds from Wellcome Supermarket." ”

Henry Keswick also has some other ideas, he will take the shares of Wellcome Supermarket to borrow from the two major banks this time, and he will borrow more money there on the grounds of resisting the Li consortium, and when the supermarket feels that it is not good, it is better to give the supermarket to the two major banks and let them run it themselves.

Henry Keswick is now more and more confused about the future of Jardine Matheson, and he does not know how long Jardine can support it under the successive blows of the Lee consortium.

This time it was Wellcome, he believed that after Wellcome fell, the next one would be his own Milk International Company, and he knew that the Chinese family headed by Li Guangyu must want to take this company back.

……

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