Rebirth in 1985

Chapter 563: The Market is Swallowed

Everything was proceeding in a tense and orderly manner. Lu Shaohua made arrangements to deal with the financial crisis in 97 and the dangers brought about by the financial crisis. For example, reducing product output was a powerful measure taken by Lu Shaohua.

Fortunately, Qin Sichen knew that Lu Shaohua was a reborn person with memories of his past life. He knew what would happen in the future. He said that there would be a financial crisis in 97 and there would be a financial crisis. He did not question it, which saved Lu Shaohua a lot of trouble and he did not need to explain so much.

What Lu Shaohua didn't know was that it was precisely because of the news that Lu Shaohua released that indirectly affected the entire situation in Hong Kong. For example, all the senior executives of the Chinese Chamber of Commerce, their companies suddenly reduced their businesses, and the projects that were just about to be launched were suddenly stopped, and their bosses did not give any reasons and rounded up the funds.

This is the case with Li Ka-shing's Cheung Kong Holdings and also with Li Zekai. After he sold his shares in Pacific Century Group, although he still held the status of a major shareholder, he was able to obtain tens of billions of Hong Kong dollars in funds from Lu Shaohua. He had been thinking of looking for other projects, but when he heard about this, he did nothing and stopped investing. He just hid himself, preparing to make a big move when the time came.

This was the case with Cheung Kong Holdings and also with the Stanley Ho Group. After Stanley Ho made up his mind, he immediately summoned his three sons, told them his plan, and then ordered them to start raising funds at all costs.

That's right, it can almost be said that they are willing to do anything at all costs. Even if the company will suffer a small loss, they will not hesitate. They will decisively terminate the business, send people to collect the overdue debts, tighten the funds internally, and then store them, just waiting for the time to come.

This situation occurred in more than a dozen first-tier listed companies, and suddenly the atmosphere in the whole of Hong Kong became strange. The outside world also speculated that the major companies had agreed that there would be major actions and plans. As for what major actions and plans they were, no one knew, and no one came out to respond.

In fact, Lu Shaohua also felt that he was wondering why the outside world would agree that the major companies had made an agreement. After thinking about it, he finally figured it out. Because the situations of the major companies were all the same, and they were all senior executives of the Chinese Chamber of Commerce, the outside world believed that this was an agreement.

Lu Shaohua smiled at this. He believed that Ho Ying-tung and others would not disclose the secret, so no matter how the outside world speculated, it would not have any effect. The only thing that worried Lu Shaohua was the stock issue of their company.

However, the answer to this question came out two days later. Not only was there no movement in the stock market, but on the contrary, the stock price continued to rise. It seemed that the investors were very confident in their company, and the price continued to rise as if they had taken stimulants.

Without any worries, Lu Shaohua was too lazy to care. For now, he just needed to maintain the status quo. As for what the outside world said or thought, that was their business and would not affect Lu Shaohua in any way.

Yes, all of this had no impact on Lu Shaohua. The only impact was that he received more phone calls. Several major directors of the Chinese Chamber of Commerce called him one after another to confirm whether what Huo Yingdong said was true, and also to inquire about the direction of the situation.

At this point, of course Lu Shaohua pretended as much as he could, with two simple words - "playing dumb". He said he didn't know, and then added, "This is just my guess. If you don't want to take risks, don't participate."

Lu Shaohua asked people not to get involved, but things had turned out like this, how could they just stop? No one believed that Lu Shaohua was not sure, so their plan to withdraw funds was still going on.

There is another industry that has become popular with the actions of several major companies, and that is traders. Every listed company has traders, and there are several or even more than a dozen. But to be on the safe side, everyone tries to recruit as many as possible.

All of a sudden, the profession of trader became the focus of recruitment by several major companies. In particular, the more famous traders there became the recruitment targets of several major companies. They offered high prices to recruit them under their own companies and made all preparations.

Of course, that was Ho Ying-tung's and their business. For Lu Shaohua, it was nothing, because Phoenix Financial had the most traders, and they were all master-level traders. There were also a group of top traders like Liu Mingzhang and Li Yunqing. There was no shortage of talent like traders at all.

However, following the order issued by Lu Shaohua, Phoenix Group's business also tightened. The day after Lu Shaohua talked with Qin Sichen, Qin Sichen called Chu Lei and began to control production and not to overproduce, for fear that goods would pile up into mountains in the future.

Chu Lei didn't know why the production had to be controlled when the situation was so good, but when he heard that the order was issued by Lu Shaohua, Chu Lei knew that there must be something hidden. He didn't ask any more questions, discussed the plan with Qin Sichen, and then implemented it seriously.

However, there is always a loophole. When Lu Shaohua was considering the way out for Phoenix Group, he overlooked one thing, that is, competitors. Phoenix Group's products have been on the international market for a long time and it has firmly controlled most of the market. However, after the production volume was controlled, the indirect shrinking market gave competitors an opportunity to take advantage.

Just half a month after controlling production, Phoenix Group’s competitors started to challenge it. Phoenix Automobile and Phoenix Computer, two products that Lu Shaohua cared about very much, had their market share taken over by competitors. This gave Xu Jiarui a headache and he immediately reported it to Qin Sichen.

As for Qin Sichen, she was very direct. She called home and told Lu Shaohua the general situation and asked Lu Shaohua to find a solution.

"Can you think of a solution? If this continues, the market for Phoenix Group's products may be swallowed up, and then we will be in trouble." Qin Sichen said helplessly into the receiver.

Lu Shaohua, who stayed in the villa and did not go out, held the receiver in his hand in a daze. He knew that he had made a mistake. Yes, Lu Shaohua had made a mistake. He only knew to tighten up and take precautions, but did not think that the opponent would seize this opportunity to provoke him and occupy the market of Phoenix Group.

"Wait for me at the company. I'll be there soon." Lu Shaohua quickly calmed down, gave instructions, and hurriedly wanted to hang up the phone. But before he hung up the phone, Lu Shaohua suddenly seemed to remember something, put the receiver back to his ear, and said hurriedly, "Call all the company's executives to hold a meeting in the conference room. I'll be there in half an hour."

Lu Shaohua was also very anxious when this happened. You know, it took Xu Jiarui a lot of effort and money to occupy the market share today. Now that the market share has been taken away, it is equivalent to drinking Lu Shaohua's blood and eating his flesh.

The lost market must be taken back. Lu Shaohua secretly regretted his negligence, but he knew it was too late to regret now. After all, things had already happened. What he had to do now was to take back the market. This was what he had to do.

After hanging up the phone, Lu Shaohua patted his aching head, cursed a few times, and suddenly stood up from the sofa. He called out to Li Shangkui, asked him to prepare the car, gather all the bodyguards, and then rushed to the direction of Phoenix Building.

Half an hour, not a minute late, Lu Shaohua said half an hour and it was half an hour later. Half an hour later, Lu Shaohua appeared in the company's conference room. When he arrived, the conference room was already full of people. All the senior managers of Phoenix Group were present one by one. Except for the three deputy general managers of Phoenix Sales, all the others were present.

"Is everyone here?" Lu Shaohua asked Qin Sichen as he entered the room.

"Everyone is here. Except for the three busy vice presidents of Phoenix sales, everyone else is here." Qin Sichen replied seriously.

"Where is Xu Jiarui? Has he come?" Lu Shaohua asked in a neither loud nor soft voice.

"I'm here." Before Qin Sichen could answer, a voice suddenly sounded behind Qin Sichen. Who else could it be but Xu Jiarui.

Lu Shaohua didn't say anything. He glanced at Xu Jiarui indifferently. Seeing the latter's impatient face, he felt greatly comforted. However, Lu Shaohua also knew that impatience could not solve the problem at this time. He smiled slightly, gave Xu Jiarui a reassuring look, comforted him a little, and then walked to the main seat at the conference table and sat down.

Lu Shaohua's image has been deified within the Phoenix Group. Including all the senior executives of the group, they all know that the chairman and owner of the group is omnipotent. He has developed the Phoenix Group into what it is today in just a few years. They are proud to have such a boss.

Blind admiration and blind trust make all senior managers full of confidence. The same is true for Xu Jiarui. He also blindly admires Lu Shaohua and knows that Lu Shaohua will have a solution. Now Lu Shaohua gives him a reassuring look, and Xu Jiarui is even more confident.

Sit down, then use your eyes to signal everyone to sit down. After everyone is seated, Lu Shaohua's eyes swept over everyone, smiled, and then spoke. "I believe everyone knows what happened to the group. That's right, the market and territory we fought so hard to conquer are being swallowed up step by step by the enemy. They are drinking our blood and eating our flesh. We can't just let it go. We have to fight back and take back the market that originally belonged to us. If possible, we have to further expand our market. Well, does everyone have any good ideas? You can speak freely without any worries."

Lu Shaohua's speech was very strategic. He started with some passionate words to motivate the group's senior management, and then he put forward the main points of the meeting, asking everyone to give suggestions and discuss, and try to come up with a solution.

Lu Shaohua is the chairman of Phoenix Group and the owner of Phoenix Group. To put it bluntly, Phoenix Group belongs to him and he has the final say. All losses and profits of the group belong to him. It was also this time that Lu Shaohua kept silent about his mistakes because there was no need to admit his mistakes in front of his employees.

It’s not that Lu Shaohua doesn’t dare to admit his mistakes, but as a chairman and an owner, he is not allowed to admit his mistakes, nor does he need to admit his mistakes, because everything in Phoenix Group belongs to him.

The focus of this meeting was to find a solution to the problem and regain the market. As for whether a perfect solution could be found, there was no conclusion yet...