Video Game Empire - Chapter 643

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

Take the very prosperous vd industry developed in recent years as an example, this new dark horse in the electronics industry in Hong Kong, the total global annual sales last year has exceeded one million units. A subdivided industrial chain formed around vd manufacturing has formed rapidly in just a few years!

Not long ago, an electronics company called Leader Technology was successfully listed on the Hong Kong Stock Exchange. On the first day of listing, the company’s stock price soared by 180, which was enthusiastically sought after by investors in Hong Kong! The product line of leading peak technology is very simple, and currently only produces one product – the servo circuit for vd. However, this company occupies 80% of the entire vd servo circuit. With the rapid growth of vd global sales, the profit statement of Leader Technology is also very gratifying!

However, it is such a high-quality company, but it has almost never had any intersection with the HSBC Group. Leader Technology was founded four years ago, when vd had just been developed in the laboratory of the Oriental Research Institute, and it had not had time to start large-scale commercial promotion. However, the engineers of the two Eastern Research Institutes are very optimistic about the future prospects of this electronic product.

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

It is precisely because it has such an inextricable relationship with Dongfang Group that when leading technology increases its capital and expands its production, it will naturally first choose Jiahua Bank for credit support. As a member of the Oriental Group, Jiahua Bank has no reason to underestimate the vd industry promoted by the parent company, and naturally it will not set up credit barriers.

When Leader Technology achieved initial success with the soaring global sales of vd and was qualified 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 IP.

To a certain extent, Dongfang Group may even reap more benefits from Leader Technology than the two founders of the company who made a fortune overnight!

In the case of Lingfeng Technology, can it be said that the business level of HSBC is not good? Not necessarily, because they never even had the chance to compete!

Dongfang Group is not only the world’s largest and most technologically advanced electronics group, but also the direct developer of vd. You must know that the reason why Li Xuan started the research and development of vd at the beginning was to take advantage of the opportunity of video recorders to occupy the global market, to use the strategy of encircling cities in the countryside to erode the blank market, and to seize the dual role of technology and market for the next DVD Take the lead!

Judging from the sales growth of vd, Li Xuan’s strategy has been completely successful! Last year, the global sales volume of vd successfully exceeded 2 million units, and its main market is from emerging countries such as China, Southeast Asia, and South America, where video recorders have no time to seize the market. With the further economic growth of these regions, the sales of vd will increase rapidly.

Li Xuan is very clear that even if he doesn’t care about any other overseas market, just China, the annual sales of vd will exceed 10 million units in five years, there is no problem at all!

But HSBC is naturally impossible to make such an optimistic judgment. Their analysts believe that vds are not technologically ahead of the VCRs already on the market. However, Japanese-funded companies have been promoting video recorders worldwide for more than ten years. It is a very risky thing to want to replace video recorders under such conditions!

Therefore, for the sake of risk control, HSBC’s investment in the vd field is naturally not as aggressive as Jiahua Bank, and it is normal to lose the excellent opportunity to grab huge profits! It can only be said that HSBC lost in its own judgment on the electronics industry, and it did not have the accuracy of the industry leader of the Oriental Group.

And this is precisely the shortcoming that HSBC cannot make up for, after all, it is a financial group rather than an electronic group. What’s more, behind the Dongfang Group, there is a bug called Li Xuan!

If the vd industry is just a microcosm of the competition between HSBC and Jiahua in the electronics industry, then Jiahua’s aggressive expansion in the real estate sector in Hong Kong has kept Pu Weis up at night!

You must know that before the rise of the electronics industry, the Hong Kong real estate industry has always been the most important customer group for Hong Kong banks. The development of a real estate can cost hundreds of millions of Hong Kong dollars, and as many as tens of billions of Hong Kong dollars, such a huge capital flow can create a lot of profits for the bank.

Limited by its own strength and risk control, Bank of China does not dare to make large-scale housing loans to the real estate industry. Otherwise, once the collapse of the real estate industry occurs in the early 1980s, the crisis will quickly spread to the banking industry. The impulse of depositors to withdraw can cause these banks to fail in an instant.

However, a giant like HSBC has no such risk at all. On the contrary, every banking crisis is a good opportunity for it to strengthen itself. For example, before the emergence of Jiahua, the largest and most reputable Chinese bank in Hong Kong, Hang Seng Bank, was acquired by HSBC during the banking crisis in the 1960s!

But in the past two years ~www.mtlnovel.com~ Jia Hua Bank’s influence on the real estate industry in Hong Kong has also grown rapidly! Especially after Li Xuan forcibly annexed China Land Company a few years ago, Jiahua Bank’s expansion in the real estate sector has accelerated suddenly.

At that time, the general opinion was that “God of Wealth Li” was killing chickens and setting an example, and by attacking the Jardine Group, he established his illustrious reputation in Hong Kong! But looking back now, Li Xuan’s move, which was scorned by many people as a great success, was actually a coup that took one step back and made progress!

First of all, Li Xuan did not incorporate Landmark into the Oriental Group, thus successfully dispelling the concerns of the rich in Hong Kong that he might enter the real estate industry. And Li Xuan later used the platform of Jiahua Bank to fully dispose of the relevant asset division of the Landmark Company, which made Jiahua and several other real estate companies that participated in the acquisition together, directly resulting in a close entanglement!

You must know that Li Xuan was the one who provided the most funds at the beginning. Although he did not monopolize the various high-quality assets of Landmark, he could not give these assets to others for nothing! Several other companies still have to take out a lot of real money and buy them from Li Xuan!

What should I do if the funds cannot be turned over? Ka Wah Bank is willing to provide credit financing! For Li Xuan, it’s just a matter of transferring funds from his left hand to his right. However, Jia Hua Bank has become a close partner of many top real estate groups in Hong Kong in one fell swoop. This includes Bao Yugang, the former world ship king who was single-handedly supported by HSBC.

But Pu Weishi now finds that he is likely to lose a super heavyweight client – Li Jiacheng!