A significant portion of the logistics and transportation needs of Hong Kong's dairy company and supermarkets are also covered by long-term contracts with Ho Kee Shipping. Some joint property projects involve complex profit-sharing and joint marketing collaborations.
If the Fok family really does as Fok Ying-tung said, they will cut off all cooperation with Hutchison Whampoa, terminate all current contracts, and refuse all subsequent cooperation.
Swire Properties will immediately face a sudden paralysis or cost surge in the management of multiple high-end properties in core locations!
It is impossible to find substitutes of the same scale immediately; many large-scale projects under construction or planned will be stuck in the building materials supply chain!
As the main supplier, the Huo family stopped supplying, and re-bidding to find a stable source of supply was time-consuming and labor-intensive, and costs increased sharply.
Core subsidiaries like Dairy Farm will also be forced to significantly increase their logistics and transportation costs. More importantly, this complete split between Hong Kong's two largest Chinese families, at least on the surface, will trigger a chain reaction of "taking sides" within the island's business community.
Many Chinese companies that originally cooperated with Hong Kong Land Development are likely to follow suit or retreat and wait and see, given the size and influence of the Fok family.
This is by no means just a short-term pain for Swire Properties, but a heavy blow that is enough to cause its core business chain to fall into disorder or even partially paralyzed in the short term!
This is a fatal blow to the authority and market confidence of the "new leader" Kobayashi Tenmo!
As the future helmsman of the Fok family, how could Ho Chun-ting not understand the importance of this?
This move by my father was a truly thundering one, and it was also the most direct display of the Huo family's immense strength!
The previous frustration and anger were now replaced by an excitement of launching a "revenge encirclement".
"I understand! Daddy! I'll do it right away!" Huo Zhenting felt full of strength, and the haze brought about by his failure in love and miscalculation in business was completely dispelled.
He couldn't even wait until dawn and wanted to rush back to his study immediately to mobilize people, draft a statement, and think about how to create the most trouble for Kobayashi Tianwang at the Swire Group board meeting.
Looking at his son Ho Chun-ting's back as he left the study room with fighting spirit rekindled in his eyes and his steps firm and powerful as he almost ran away, the calmness on Ho Ying-tung's face, which showed his maturity in state affairs and his ability to educate his children, gradually disappeared, and a barely perceptible smile, a mixture of admiration and bitterness, appeared on the corner of his mouth.
He paced back to the window alone, gazing at the dazzling yet turbulent harbor outside, and sighed silently inwardly, "So hot, so hot... If Zhen Ting had half your intelligence and ability, why would I need to coax him into such a show? I just hope that when this fool learns the truth... he can withstand the blow."
He closed his eyes, and the night scene of Hong Kong Island in front of him seemed to turn into a huge chessboard.
"This play has to be performed... and it must continue according to the script. Alas! In the final analysis, the foreigners still have the final say in the chess game of Hong Kong. Old man, Mr. Liao... you have placed a heavy burden on a young man like Lin Huowang, letting this fierce dragon across the river wade through the cracks of British capital... I was very worried before... but now..."
Huo Yingdong's gaze was as far-reaching as the sea, filled with a hint of worry about the future and admiration for the young man's amazing talent: "This kid! How long has he been in Hong Kong? And he's already stirred up such a storm... The young are formidable... Truly formidable... Having a son is like having a thriving forest!"
…
Continue read on readnovelmtl.com
