The two had already discussed a lot about the topic of real estate and didn't mention it again.
After casually finalizing it, he quickly finished flipping through the newspaper and started eating.
Chen Qing also talked about a serious matter: "Boss, what are Hyundai's plans to do this time?"
It’s about South Korea’s Hyundai Group.
During this period, the biggest excitement in South Korea was the internal fighting between the Zheng family of the Hyundai Group. It was nothing more than the father-son brothers fighting for control. It also caused several companies under the Hyundai Group to be in trouble and crumbling.
For the Hyundai Group, several businesses that Simon is interested in, such as electronics, shipbuilding, entertainment, etc., are already firmly in the hands of the Westeros system. Of course, on the surface, the Zheng family still has certain shareholdings and considerable influence. The right to speak.
Therefore, the internal strife of the Zheng family will inevitably harm the interests of the Westeros system. Several of the companies involved in the storm, if they follow the past practice of Korean chaebols, will not only seek help from the authorities, but also dismantle Dongfang within the group. The wall makes up the west wall.
This time, Simon will certainly not allow the Zheng family to demolish their east wall to make up for their west wall.
When asked by Chen Qing at this time, Simon said: "Let's go to Seoul first. However, the main thing is mediation. Since the Zheng family can't live together, let's separate the families and take charge of each part. This can also indirectly increase our control." .”
Chen Qing took a sip of her favorite red bean porridge and said, "Boss, I still think, why don't we just take down all Hyundai and run it ourselves?"
"The national conditions of South Korea, I told you."
"I think it's okay," Chen Qing said, "Besides, this time, if the boss is willing, we can also penetrate into Hyundai's automobile business, which is considered one of Hyundai's most valuable assets."
Even though Hyundai Motor failed to merge with Kia and become South Korea's number one monopoly as it once did due to Simon's intervention, it is still huge.
Simon heard what the girl next to him said and said with a smile: "According to my heart, I actually hope to eat everything I can. The problem is that in this world, we need to exercise restraint on many things and cannot take advantage of them. Do your best. Speaking of South Korea’s automobile industry, do you know what its biggest advantage is?”
Chen Qing thought for a moment and shook her head in confusion.
Simon said: "This is also a question that I have been thinking about occasionally recently. The main reason why Korean cars are able to thrive is cost. To put it bluntly, Korean cars have always been at the bottom of the world's automobile industry pyramid and are dependent on A low-cost, high-volume type.”
Chen Qing thought for a moment and said: "The boss mentioned the transfer of Western industries. Moving from high-cost areas to low-cost areas is an inevitable trend. In this case, the low cost of the Korean automobile industry should be an advantage, right?"
"Here's the problem," Simon said: "The cost advantage of the low-end can be easily broken. Just like in China, Korean cars currently rely on lower prices, and several major brands are selling well in the Chinese market. But I’m sure that when China’s local automobile industry develops, Korean cars will be the first to be eliminated and expelled from the Chinese market because their biggest advantage has been lost.”
Chen Qing shook her head and said: "Boss, you also said that the automobile industry is not easy to do. It will take many years for the domestic automobile industry to develop."
"Next, if we take the initiative to participate in the promotion, it won't take long. So, don't worry, we will start to exert our efforts when China joins the WTO."
Chen Qing did not doubt this, but just said: "But, boss, wouldn't it be more convenient for us to win an automobile factory in South Korea, which has the technology and talent base, and then expand to China? Or are you saying that the automobile industry only has money?" can not do this."
"This again involves cost issues," Simon said: "I prefer Europe, where there are many auto companies on the verge of bankruptcy. Their technology accumulation is no worse than that of South Korea, and they can win it at a very low price. As for South Korea, whether it is Hyundai or Samsung, or several others, are not small in size. If we want to eat, we need to pay more. Furthermore, considering South Korea’s industrial protection policy, transfer is not as easy as you think. In addition, ask A question, which one sounds more upscale, the Korean joint venture brand or the British joint venture brand?"
"Of course it's a British joint venture brand."
As Chen Qing said this, she had to admit that her boss had considered it comprehensively.
Simon took a few mouthfuls of soup, changed his chopsticks to deal with the basket of buns in front of him, and said: "Actually, frankly speaking, I am not 100% sure that many of the decisions I make now are correct, because the entire Westeros system is really It’s too huge. Many times, I just follow some of the most basic economic rules and keep it simple. For example, the industrial transfer just mentioned. Since many industries will inevitably flow from high-cost areas to low-cost areas, we cannot buck the trend. Otherwise, we will definitely fail. Also, we can’t think about earning all the benefits. We can’t make enough money, so we have to stop in moderation.”
Chen Qing nodded in approval, then curved her lips and said, "There is another one, a person who is good at fighting, who can cause harm to others without harming them."
"Yes," Simon also smiled with emotion: "The end of business is philosophy. For many things, when it reaches a certain level, what determines success or failure is no longer specific and micro actions, but strategic thinking in the general direction."
Chen Qing nodded again, suddenly remembering the newspaper she had just turned over, and suddenly realized something: "I suddenly understand, boss, why you are optimistic about China's economic prospects."
Simon glanced over unexpectedly: "What?"
Chen Qing pointed to the newspaper put aside: "Most people always think that many of the things mentioned here are just slogans and too pragmatic. However, according to the boss's thinking, it is these slogan-like things that determine China's development. Direction. For example, in the past twenty years, the most clear one is reform and opening up. Since the direction is right, coupled with a certain degree of execution, even if the process is bumpy, sooner or later it will bear fruit."
"You're very understanding," Simon nodded and smiled: "Besides, when these words came out of your mouth, I was even more surprised."
Chen Qing rolled her eyes: "Boss, I'm very smart, and I'm not an angry youth."
Simon just smiled.
But Chen Qing said enthusiastically: "Boss, what's more, I also understand why you are not so optimistic about the economic prospects of Western countries, including the United States."
"Um?"
Chen Qing said: "Obviously, after the end of the Cold War, Western countries no longer have a clear idea about their future. Just like the international news in the newspaper just now, I feel that it is a mess and a mess."
Simon smiled and said: "Doesn't the US information superhighway plan count?"
"Boss, do you want to hear the truth?"
"It doesn't sound good, so don't say it. I'm a freshman capitalist, but I have a temper."
"hehe."