Chapter 121: Reception (I)

Hongkong Land's famous five-star hotel in Queen's Square in Central, the banquet hall of the Mandarin Oriental Hotel, and the reception banquet of Oriental Electronics Company are being held lively.

Dongfang Electronics Company has just completed its move, and as a large electronics company with a monthly output value of more than 100 million Hong Kong dollars, it is too embarrassing for its headquarters to continue to be crowded in an industrial building in Shatin. As a result, Dongfang Electronics has just reached a lease agreement with Hongkong Land to lease the 39th to 43rd floors of the just-completed Gloucester Tower on Pedder Street in Central.

Taking advantage of the opportunity of the company's relocation to a new location, Han Peng and Li Xuan decided to invite their suppliers and partners from all aspects of the company to hold a grand reception.

"Mr. Li Xuan, you are really young and promising, standing with you, we have all become old bones!" The man who wore a pair of black-framed eyes and had a somewhat fat figure was smiling and saying to Li Xuan was called Li Guowei. He is the general manager of Hang Seng Bank and is in his 60s this year.

"Sir Leigh, you're tormenting me too much, just call me Ah Xuan!" Li Xuan said humbly. Hang Seng Bank was the largest Chinese-funded bank in Hong Kong before it was acquired by HSBC, and the famous Hang Seng Index was launched by this kind-hearted old man in front of him.

The Brit standing next to Lee Kwok-wei is Sir Shen Bi, executive chairman of HSBC. Dongfang Electronics is one of HSBC's important customers, and of course, more importantly, HSBC is actively pursuing to become the main contractor of the listing of Aikang Computer Company, a subsidiary of Dongfang Electronics. Therefore, Shen Bi specially came to attend the reception of Dongfang Electronics today, hoping to deepen exchanges with the senior management of Dongfang Electronics.

This kind of occasion is naturally not the right time to talk about business, Li Xuan said goodbye after a few words of greeting, because he saw the Standard Chartered Bank Hong Kong Taipan not far away, and Sir Goldon was raising a glass to him.

Standard Chartered, together with HSBC, is known as the two most important British banks in Hong Kong. However, Standard Chartered is headquartered in London, while HSBC is headquartered in Hong Kong. HSBC, as Hong Kong's "quasi-central bank", has been firmly pressing the standard in Hong Kong, and the two sides naturally can't urinate in the same pot.

"Sir Gao, good evening, didn't your wife come along?" Li Xuan said with a smile, and many British Yankees in Hong Kong are very local and give themselves Chinese names.

"She has a fever today, so I'm sorry I couldn't make it to the event!" Gao Shidun spoke very authentic Cantonese, and the apologetic expression on his face was also very sincere.

"Take care of your body, Mrs. Gao is not strict, right?"

"It's gone, it doesn't matter!"

The two sides exchanged a few words of greetings, Li Xuan was about to say goodbye to the other party and leave, he was very busy as the host today, and all the guests had to greet each other.

"Li Sheng, I heard that you are interested in the media industry, I have a piece of news here, I don't know if you dare to be interested?" Gao Shidun suddenly said with a mysterious expression.

"Oh?" Li Xuan was a little puzzled, not knowing what medicine was sold in the other party's gourd.

"The parent company of Leigh's TV has failed to invest in Canada, and is recently preparing to shrink its business in Asia, and intends to sell its stake in Leigh's TV! I don't know if you are interested in accepting it, we can make a deal with Standard Chartered!" Goldton said softly. Previously, Standard Chartered Bank of Dongfang Electronic Tong Guò had sent a request to the owners of "Tian Tian Daily" and "Hong Kong Economic Daily", but unfortunately they were all rejected.

A bright light flashed in Li Xuan's eyes, Li's TV station is the future Asia TV station, and together with TVB, it is the only two wireless TV stations in Hong Kong. Dongfang Electronics has risen too fast and its foundation is unstable, so Li Xuan has always wanted to expand his influence.

Buying a newspaper is undoubtedly a good choice, after all, in a democratic-dominated society, owning a media company, its tongue and public opinion are powerful enough to make many people jealous. But it would be more perfect if he could buy a TV station, although Leigh's TV station has been pressed by TVB in terms of ratings, but as one of the only two TV stations in Hong Kong, his status is beyond doubt.

"If you're interested, we can find some time tomorrow to talk about it slowly!" said Goldon with a smile, his goal achieved.

Others may not know the strength of Dongfang Electronics, but Standard Chartered Bank, as one of the main settlement banks of Dongfang Electronics, can naturally estimate its approximate profitability through monthly foreign exchange flows.

Looking at the owners of dozens of electronics factories in Hong Kong who came to participate in the reception today, these companies that have been incorporated into their own supply system by Dongfang Electronics have condensed into an important emerging force that cannot be ignored in Hong Kong's electronics industry. In the past six months, loans from Standard Chartered Bank alone to these companies have amounted to HK$150 million to expand investment in fixed assets. Moreover, these companies are high-quality customers, holding long-term supply contracts with Dongfang Electronics, and the risk of bad debts is very low.

At the same time, according to the prediction of internal analysts of Standard Chartered Bank, Dongfang Electronics' recent continuous launch of arcade machines, handheld game consoles, personal computers and other products continues to succeed in the US market. With this momentum of development, the Oriental system with it at its core will soon occupy half of Hong Kong's electronics industry.

Dongfang Electronics has abundant cash flow and does not need bank financing, but as the core of the entire system, its influence on other suppliers is unquestionable. Standard Chartered cannot pay too much attention to such a customer with unlimited potential.

Recently, its competitor HSBC has obviously begun to enter with Dongfang Electronics. Oriental Electronics' Aikang is preparing to go public in London, and HSBC is actively seeking to become an underwriting broker.

Standard Chartered Bank does not have a brokerage business of its own, but in order to prevent HSBC from making profits, it is actively connecting Barclays Bank for Oriental Electronics. At the same time, in order to get closer to Dongfang Electronics, Standard Chartered is also trying its best to find the other party's point of interest.

Li Xuan had previously expressed some interest in the media industry, and Li's company itself was one of the important customers of Standard Chartered Bank, and Standard Chartered Bank was one of the shareholders of Hong Kong's Li's TV station, so some news was naturally better informed than others. Gao Shidun just mentioned it casually, which really aroused Li Xuan's great interest. But the reception was not a good time for in-depth communication, so the two made an appointment to talk later.

At this time, Han Peng led a white man with a hooked nose into the banquet hall, this is one of the most important guests of the evening reception, Sir MacLehose, the Governor of Hong Kong.

During his ten-and-a-half-year tenure, the longest-tenured, most distinguished and most beloved governor in Hong Kong's history, he implemented a series of decisions that had a significant impact on Hong Kong, such as the 10-year housing project, the development of new towns, the establishment of the Independent Commission Against Corruption, the nine-year free education, and the construction of the Mass Transit Railway.

"Your Excellency, this is the founder and owner of Dongfang Electronics, Mr. Li Xuan!" Han Peng introduced.

"Your Excellency the Governor, you are welcome to take time out of your busy schedule to come to Dongfang Electronics' cocktail party!" Li Xuan said in a tactful tone.

"Mr. Li Xuan, to use an idiom in Chinese to describe you, young and promising is the most appropriate!" MacLehose's smile looked very amiable, and the Cantonese language was not much different from Hong Kong people, "Dongfang Electronics Company is a new force in Hong Kong's electronics industry that has risen recently, I hope you can develop more and more and drive the progress of Hong Kong's entire electronics industry!"