Chapter 293 Expansion
Hearing this, Chen Songqing stood up abruptly, put his hands on the table, and said word by word to Fang Hexuan opposite him in an angry tone:
"Since Mr. Fang is so insincere, I think there is no need to talk any further. Let's go!"

After saying that, he pushed the chair behind him away without caring about his image and walked straight out of the box.

After the people from the Jianing Group reacted, they quickly packed up the documents and things on their desks and filed out.

Fang Hexuan did not go to see Jianing's people leave. He just crossed his hands over his chest with a gloomy face and said nothing, as if he was really angry.

Seeing that the boss didn't move, the subordinates naturally didn't dare to make any move. The conference room in the box was eerily quiet at this moment.

After the senior executives of Jianing quickly caught up with their big boss, they also strode out of the hotel.

The group of people walked very fast and looked very aggressive, which frightened the passers-by around them and made them hide away.

When they were almost at the door, a female reporter from Oriental Daily News pulled her photographer colleague to Chen Songqing and asked:
"Mr. Chen, there are rumors that Jianing Group and Alphabet Group are in talks about some asset acquisitions. Is this true?

"If it's true, could you please tell us the results of your negotiation with Mr. Fang?"

Chen Songqing deliberately glanced at the female reporter with contempt, his attitude was somewhat arrogant, but he still stopped and said:
"My answer to your first question is yes, but I want to make it clear that it is not the Carrian Group that is performing poorly, but rather the overall economic situation in Hong Kong that is dragging down the stock market. The stock performance of the constituent stocks in the Hong Kong stock market is not better than that of Carrian."

"Secondly, Jianing has recently been dealing with some issues related to irrational asset allocation caused by excessive investment and expansion. We will reduce investment in non-core businesses and sell those that are not closely related to the group's business as appropriate."

"In short, our goal is to enable the company to survive the economic winter safely."

"As for the second question, I am not in a position to say more. You can interview Mr. Fang directly later. Our cooperation is open, but there is also a bottom line. That's it!"

After saying this, regardless of whether the female reporter wanted to continue asking questions, he simply walked around her and walked out of the hotel.

The customers who were watching the excitement just now just watched Jianing and his group get into the car and leave in a hurry.

As soon as Chen Songqing and his men left, Fang Hexuan came out with his men.

When the female reporter saw the big boss, she smiled knowingly and went forward to interview him cooperatively:
"Mr. Fang, may I ask what stage the negotiations between Alphabet Group and Jianing Group have reached?"

Fang Hexuan smiled and nodded to the female reporter, then looked at the passers-by who were joining in the fun, and said loudly:
"We are currently in a steady communication process and I believe that cooperation between the two companies will definitely be achieved."

"Then may I ask why Alphabet Group chose to cooperate with Jianing Group?"

"We don't have a particular preference for any particular company. Alphabet Group has many subsidiaries, including DreamWorks Films and Dream Hotels Group. In order for them to develop, they must rely on their own efforts as well as external acquisitions and mergers."

"For example, DreamWorks Films is now the leader in the Hong Kong film industry, but we will not be satisfied with this. After all, the size of Hong Kong's box office market is limited. DreamWorks needs to expand outward and gain a foothold in various Asian markets before going global."

"Neighborhood is the largest movie ticket warehouse in Asia. Any ambitious company will not miss such a big market, and DreamWorks will not miss it, because we have had the idea of ​​entering Neon for a long time. It just so happens that the Jianing Group holds 21% of the shares of Nikkatsu Pictures, and they are willing to sell, so the two companies just contacted each other." "Similarly, everyone knows that I acquired 60% of the shares of Holiday Inn Golden Mile and Empire Hotel some time ago, but Dream Hotel Group will not stop there. In addition to continuing to expand stores in Hong Kong, we also hope to dabble in other parts of Asia, especially some popular tourist countries in Southeast Asia, which are all Dream Hotel's targets."

“It just so happens that Jianing holds a 25% stake in Rama Tower, a Thai company that operates five hotels locally, which is exactly in line with our goals and expectations.”

"In short, Alphabet Group will be based in Hong Kong and actively develop outward. We are willing to work together with any colleagues who are interested in cooperation to achieve a win-win situation!"

I don’t know if it’s because Fang Hexuan is tall, handsome and rich, but after his long speech, the crowd around him not only didn’t disperse, but instead applauded and cheered after listening to him.

The richest man Fang was afraid that more and more people would cause danger, so he nodded and thanked everyone with a warm smile, while quickly looking for an opportunity to slip away.

The next day, Oriental Daily reported in a not-so-conspicuous position on the second page the news that the two group CEOs, Fang Hexuan and Chen Songqing, had met at the Mandarin Oriental Hotel.

The specific content below not only publishes the two people’s respective speeches in detail, but also actively hints to readers that the negotiations between Alphabet Group and Carrian Group will continue.

Apart from being reposted by a few financial newspapers in Hong Kong, this news hardly attracted any attention or commotion in Hong Kong.

After all, Hong Kong is a commercial capital with countless business transactions taking place every day. Even if Fang is the richest man, he will not attract much interest from Hong Kong citizens, except for shareholders, of course.

These people are also looking forward to Fang Hexuan being able to list the Mengxuan Hotel Group one day in the future.

This was exactly the effect Fang Hexuan wanted. The drama he and Chen Songqing performed together was originally intended to prove to the outside world that the cooperation between the two companies was formal and transparent, but it could not attract too much unnecessary attention, otherwise it might be discovered by smart people.

In the next few days, the two companies held three consecutive meetings at the Mandarin Oriental. Although they did not arrange for reporters to expose the situation, anyone who had seen them in this hotel knew that they were conducting business negotiations.

Since we are going to act, of course we have to do our best.

In the first negotiation, Fang Hexuan offered a purchase price of 8000 million Hong Kong dollars, which directly led to Chen Songqing leaving in displeasure.

During the second negotiation, Fang Hexuan still insisted on the price, but made a concession and said that he could pay the money in one lump sum. This still made Chen Songqing dissatisfied. He thought, "You're kidding! You're such a big group company, do you still want to pay in several installments?"
The third time, Fang Hexuan added 1000 million Hong Kong dollars to the original amount. Chen Songqing's face looked a little better, but the deal was still not done.

For the fourth and last time, Chen Songqing expressed in front of everyone that he had lost his patience. If the price this time still could not satisfy him, he would choose to completely end the negotiations with Alphabet.

In desperation, Fang Hexuan finally made a big concession and directly increased the purchase price from 8000 million to 1.2 million Hong Kong dollars.

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　Thanks to book friend 20230529650_aA for the recommendation!

(End of this chapter)