Chapter 517: Shifting the Market

Jiayi Radio did not wait for the news file at half past six in the evening, but reported on the matter of Wellcome Supermarket during the five o'clock in the afternoon, and also processed and polished the matter.

The report of this incident is a huge blow to the reputation of Wellcome Supermarket, and after reading this report, the citizens of Xiangjiang will be more inclined to Watsons and Hengyu Supermarket when shopping, after all, they do not want to see the listless and sad faces of the sales staff when they shop.

In the conference room, Henry Keswick reported the situation of Wellcome to the shareholders and proposed to increase the wages of Wellcome employees.

The shareholders present were not very satisfied with the current situation of Wellcome, and they had to pay additional wages at this time, and the money was still from the group headquarters, so they were very unhappy.

One of the shareholders said: "Keswick, Wellcome is not profitable at all, why should we pay them extra wages, we have no obligation to do so." ”

Henry Keswick saw that these people didn't care about Wellcome Supermarket at all, and he was a little angry in his heart, this group of people relied on the development and dividends of Jardine Matheson over the years, and lived an upper-class life in Xiangjiang, and now the group is facing external competition, and they want them to harvest a little less profit, they are unwilling.

Keswick said: "You also know the situation at Watsons and Hengyu Supermarket, if we don't do this, our Wellcome supermarket will only go out of business, once Wellcome comecome, how long can we hold out." And once our Jardine Matheson falls, you are afraid that it will not be much better, and the Li consortium will not give up suppressing our British-funded enterprises. ”

These shareholders don't care about this problem, they can now understand that they can't fight the Li consortium in Xiangjiang, they are waiting for the right opportunity now, waiting for a high level to cash out, once there is a storm in Xiangjiang, they will leave here immediately.

One of the shareholders said: "Keswick, you still have naΓ―ve fantasies, hoping that you will be able to fight with the Lee consortium in the retail market later." This is simply impossible, and Xiangjiang cannot accommodate three large supermarket groups. If it drags on like this, not only Wellcome will go bankrupt, but Jardine Matheson will also be dragged down in this way. ”

Henry Keswick didn't want to compromise on this, he knew that once Wellcome fell, the Lee consortium would continue to focus on his other industries, and then it would only be eaten by the Lee consortium one by one.

Wellcome must be saved, and he believes that Li Guangyu is also a capitalist, and he will not let the two supermarket groups continue like this.

He only needs to hold on for a few months, and when Li Guangyu sees that his Wellcome is not left behind, he will naturally think about ending this competition, after all, making money is what their businessmen should do. But these shareholders didn't want to give them so much time, which made him quite dissatisfied.

Henry Keswick said: "This time I am just informing you shareholders that it is imperative to increase the wages of Wellcome employees, and as long as I am still the chairman of the Jardine Matheson Group, I will not let Wellcome go down." ”

Henry Keswick's insistence on going his own way made these shareholders quite unhappy, but Henry Keswick's side had more than half of the voting rights, and even if they had an opinion, it was useless.

A shareholder said: "Keswick, you will only let the entire Jardine Matheson Group follow the funeral, do you understand the current situation wrongly, even the Swire Group has chosen to retreat, why do you have to take the Jardine Group to the front, the ultimate goal of the Li consortium is HSBC and Standard Chartered, that is the most important thing, why should we go to the two major banks to block the gun." ”

Henry Keswick doesn't think so, if he doesn't fail, the Li consortium will not let go of Jardine, if the Swire group didn't become the second largest shareholder, it is estimated that it will not be much better than himself now, and the aircraft industry on Swire's side has been wiped out by the Li consortium.

Henry Keswick said: "The problem now is that the Li consortium has been staring at our Jardine Matheson Group, we don't want to fall, so we can only resist to the end, we have the support of two major banks behind us, and the Hong Kong government absolutely does not want to see our British-funded consortium cleared." I believe that at the critical moment, they will not leave us alone. ”

However, these shareholders do not believe that these parties will be willing to spend money to support Jardine Matheson, and the future of Xiangjiang is uncertain, so they are not willing to follow Jardine to the funeral.

One shareholder said: "Keswick, I advise you not to have too much hope for the two major banks and the Hong Kong government, once the Jardine Matheson Group has formed a drag on them, they will not hesitate to discard Jardine Matheson." The rise of the Chinese-funded consortium is a foregone conclusion, and it is more important that we find a way to preserve our assets. If we can't do it, we can even transfer the market, so why stick to this Xiangjiang market?"

As soon as the shareholder finished speaking, a shareholder continued: "Keswick, the Li consortium now has deep roots in Xiangjiang and unlimited financial support, so we simply don't have the strength to compete with them head-on." Why don't we slowly give up some of the Hong Kong industries and invest these funds in the Commonwealth regions such as Singapore, Australia and Canada, where we can also develop a new business as long as we have the capital. ”

After listening to the words of the two shareholders, Henry Keswick himself fell silent, and the chances of competing to win the Li consortium in Xiangjiang were too slim.

In the more than half a year since he came to Xiangjiang, Henry Keswick has not won a single victory in the contest with the Li consortium. And the allies on their side are constantly being eaten by the other party, so that Yihe is now facing the suppression of the Li consortium alone.

The four oceanic companies that once dominated Xiangjiang finally stepped off the stage, and Xiangjiang is no longer his Jardine world, and for Xiangjiang it will only enter the era of the Li consortium.

Henry Keswick said, "At your suggestion alone, I will consult with the Jardines, and we will need to investigate the areas we want to enter. Now we still have to maintain Wellcome, and letting the Li consortium keep an eye on our Wellcome supermarket will also help us transfer the market. ”

These shareholders were also very happy to see that Henry Keswick did not reject the opinions of himself and others, and as long as Jardine Matheson was willing to invest more in Singapore, Australia and other places, they were not worried that their shares would become worthless after losing the Hong Kong market.

One shareholder said: "Keswick, in this case, we agree to increase the salary of Wellcome employees this time, but we also hope that you can deal with Wellcome's affairs as soon as possible, so it is not good for us to delay it so much, it is better to invest the funds returned from Wellcome into new markets." ”

After the meeting, Henry Keswick called the Jardinens and reported to his uncle about the meeting.

The head of the Jardine's family said: "Keswick, I have also heard some news from Xiangjiang, if you can't do it, let's transfer the market, we don't need to drag the Jardine Group in Xiangjiang all the time." ”

The Jardine's family also has a lot of information about the Li Foundation, and now the Li Foundation's influence on the British Island is also increasing, not to mention the place where they started in Xiangjiang.

……

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