After all, the electronics industry is the home of the Eastern Group, and the competition between Jiahua and HSBC was unfair from the beginning, because the former can get a lot of support from the parent company!

Taking the very prosperous VCD industry that has developed in recent years as an example, this new dark horse in Hong Kong's electronics industry has exceeded 2 million units in the global annual sales last year. A subdivided industrial chain formed around VCD manufacturing has been rapidly formed in just a few years!

Not long ago, an electronics company called Lingfeng Technology was successfully listed on the Hong Kong Stock Exchange. On the first day of listing, the company's stock price soared by 180%, and it was enthusiastically sought after by investors all over Hong Kong! Lingfeng Technology's product line is very simple, and currently only produces one product - servo circuits for VCDs. However, this company occupies 80% of the entire VCD servo circuit share, and with the rapid growth of VCD global sales, Lingfeng Technology's profit statement is also very gratifying!

But it is such a high-quality company, but it has almost no intersection with the HSBC Group. Lingfeng Technology was founded four years ago, when VCD had just been developed in the laboratory of the Oriental Research Institute, and it had not yet had time to start large-scale commercial promotion. However, the engineers of the two Oriental Research Institutes are very optimistic about the future prospects of this electronic product.

So they decisively resigned from the Oriental Research Institute and chose to start their own businesses around VCD. And their first venture capital came from the Oriental Research Institute and Oriental Venture Capital. It is also under the support and guidance of Oriental Research Institute and Oriental Venture Capital that Lingfeng Technology has become a member of the VCD industry chain since its birth.

It is precisely because of such a strained and unclear relationship with Oriental Group that Lingfeng Technology naturally chose Jiahua Bank to seek credit support when it increased capital and expanded production in the future. As one of the members of the Oriental Group, Jiahua Bank has no reason to look down on the VCD industry promoted by the parent company, and naturally will not set up credit barriers.

When Lingfeng Technology achieved initial success with the soaring global sales of VCDs and was eligible to apply for listing for further financing, it naturally chose Asia Sun Hung Kai Securities, a subsidiary of Jiahua Group, as the underwriter of its IPO.

To a certain extent, the benefits that Oriental Group harvested from Lingfeng Technology may even be more than the two founders of the company who became rich overnight!

In the case of Lingfeng Technology, can it be said that HSBC's business level is not good? Not necessarily, because they have not even had the opportunity to participate in the competition from the beginning to the end!

Oriental Group is not only the world's largest and most technologically advanced electronics group, but also the direct developer of VCD. You must know that the reason why Li Xuan started the research and development of VCD in the first place was to take advantage of the opportunity that the video recorder had not had time to occupy the global market, use the strategy of surrounding the city from the countryside to encroach on the blank market, and seize the double opportunity in technology and market for the next DVD!

Last year, the global sales of VCDs successfully exceeded 2 million units, and their main markets were from China, Southeast Asia, South America, and other emerging countries where video recorders had not had time to seize the market. With the further economic growth of these regions, the sales of VCDs will expand rapidly.

Li Xuan knows very well that even if he doesn't care about any other overseas market, just in the single market of China, the annual sales of VCDs will exceed 10 million units after five years, and there is no problem at all!

But HSBC is unlikely to make such an optimistic judgment. Their analysts believe that VCD is not technically ahead of the existing video recorders on the market. The global promotion of video recorders by Japanese companies has been carried out for more than ten years, and it is a very risky thing to replace video recorders under such conditions!

Therefore, for the sake of risk control, HSBC's investment in the VCD field naturally cannot be as aggressive as that of Jiahua Bank, and it is normal for it to lose the excellent opportunity to make huge profits! It can only be said that HSBC has lost in its own judgment on the electronics industry, and it is not accurate because of the industry leader of the Oriental Group.

And this is precisely the shortcoming that HSBC cannot make up, after all, it is a financial group and not an electronic group. What's more, behind the Oriental Group, there is also a BUG of Li Xuan!

If the VCD industry is just a microcosm of HSBC and Jiahua's competition in the electronics industry, then Jiahua's aggressive expansion in the Hong Kong real estate field has kept Puweis awake at night!

Before the rise of the electronics industry, Hong Kong's real estate industry has always been the most important customer group of Hong Kong banks. The development of a real estate can range from hundreds of millions of Hong Kong dollars to tens of billions of Hong Kong dollars, and such a huge amount of capital flow can create a lot of profits for the bank.

Small and medium-sized banks are limited by their own strength and risk control, and do not dare to take large-scale housing loans to the real estate industry. Otherwise, if there is a real estate collapse like the one in the early eighties, the crisis will quickly spread to the banking sector. The impulse of depositors to run on these small banks can cause these small banks to collapse in an instant.

A giant like HSBC has no such risk at all, and every banking crisis is an opportunity for it to strengthen itself. For example, Hang Seng Bank, the largest and most reputable Chinese-funded bank in Hong Kong before the emergence of Jiahua, was compiled by Huifeng during the banking crisis in the 60s!

However, in the past two years, Jiahua Bank's influence on Hong Kong's real estate industry has also grown rapidly! Especially after Li Xuan forcibly annexed Hongkong Land a few years ago, Jiahua Bank's expansion in the real estate sector has accelerated suddenly.

At that time, the general view was that the "God of Wealth Lee" was making an example of the monkeys and establishing his own prestige in Hong Kong by attacking the Jardine Matheson Group!

First of all, Li Xuan did not take Hongkong Land under the umbrella of Oriental Group, thus successfully dispelling the fears of Hong Kong's wealthy people about his possible foray into the real estate industry. Li Xuan's follow-up use of the platform of Jiahua Bank to fully dispose of the division of relevant assets of Hongkong Land Company has direct entanglement between Jiahua and several other real estate companies participating in the acquisition!

You must know that Li Xuan was the party that provided the most funds at the beginning, and although he did not monopolize all kinds of high-quality assets under Hongkong Land, it was impossible for him to give these assets to others for nothing! Several other companies still had to spend a lot of real money to buy them from Li Xuan!

What should I do if I can't turn over funds? K. Wah Bank is willing to provide credit financing! For Li Xuan, this is nothing more than a matter of transferring funds from his left hand to his right hand. However, Jiahua Bank has become a close partner of many of Hong Kong's top real estate groups. This includes the former world ship king - Bao Yugang, who was single-handedly supported by HSBC.

But now Pu Weishi has found that he is likely to lose a super heavyweight customer - Li Jiacheng if he is not careful!