The century-old family began to rise from Hong Kong Island chapter 180

The century-old family began to rise from Hong Kong Island
Chapter 180 The Four Major Families On Hong Kong Island Want My Su Family 】
Hong Kong Electric, full name Hong Kong Island Electric Company!
It is mainly engaged in the power business of the island, Kowloon, and parts of the New Territories. It is one of the two major power companies in Hong Kong Island and the largest power company.
And also involves real estate, retail, construction, manufacturing, and more.
It has a wide range of businesses and is a comprehensive large company.
Judging from the asset data released by Hong Kong Island in 1980, Hong Kong Island Electric ranked eighth on the list of all companies on Hong Kong Island with assets of 5 billion Hong Kong dollars!
HSBC ranks first with assets of HK$9.8 billion.
Among them, the top four are the four traditional foreign firms in Hong Kong Island, HSBC, Jardine, Swire, and Hutchison!
Then there are some companies controlled by the four foreign firms.
Island Land, Wharf, Whampoa, HK Electric and more!
And like the four major Chinese families later, the Li Chaoren family, the Guo family, the Heng Zhaoji Li family, and the Zheng family, they are just emerging at this time.
The volume is much worse than that of the four foreign firms.
It can be seen from this that the entire Hong Kong Island is still controlled by the British forces in the final analysis.
That’s why Bao Chuanwang’s strong acquisition of Wharf from Jardine Matheson in the first place caused such a shocking sensation and boosted the confidence of Chinese-funded enterprises.
And Li Chaoren acquired 26% of the shares of Hutchison Whampoa, completed the feat of swallowing the big with a small amount, became the chairman of Hutchison Whampoa, and completed the 127 nominal control over Hutchison Whampoa.
It also made Li Chaoren famous in the first battle, becoming another representative of Chinese-funded enterprises after Bao Chuanwang.
Now, although Su Shaoze’s actual net worth is not as good as Bao Chuanwang, he has already surpassed Li Chaoren, but in terms of influence, he is still far behind Li Chaoren.
On the one hand, it is the disadvantage of age, and on the other hand, it is because most of the industries under Su Shaoze’s name are concentrated in the media, film and television industry.
It is not a traditional industry or real estate industry!
Therefore, Su Shaoze is also preparing to take this opportunity to launch an attack on British-funded enterprises.
When people talk about the four major Chinese families in Hong Kong Island in the future, there will also be Su Shaoze’s Su family!
Among the top ten companies, the four foreign firms are not considered.
The volume is too big, Su Shaoze can’t swallow it in a short time.
Then the sixth-ranked Taikoo warehouse has fallen into the hands of Bao Chuanwang, and the chairman of the seventh-ranked Whampoa Hutchison is Li Chaoren.
As for Hong Kong Island Land, which ranks fifth, the composition is too complicated.
The four major foreign firms have shares in it, and there are dozens of large and small shareholders, and the internal struggle is also very severe. The four major foreign firms are also fighting each other for their own interests.
Moreover, due to internal power struggles and too fast expansion, Hong Kong Island Land was once on the verge of bankruptcy.
Had to sell part of the assets to save the bankruptcy crisis.
Therefore, Su Shaoze does not intend to participate in this mess.
Instead, they set their target on the eighth-ranked Hong Kong Island Electric Lighting.
This company has almost monopolized three-quarters of the electricity supply on Hong Kong Island, and it is a business that is sure to make money.
Moreover, he has done well in the real estate industry, and has also been involved in industries such as retail, manufacturing, and hotels, all of which Su Shaoge wants to be involved in.
Therefore, as long as Hong Kong Island Electric can be acquired, Su Shaoze’s influence will be greatly improved.
He is no longer a young and promising junior in the eyes of some people, but a top rich man who can stand on the same level as Bao Chuanwang and Li Chaoren.
Therefore, the acquisition of Hong Kong Island Electric Lighting is of great significance to Su Shaoze.
As for the acquisition of the telephone company, Su Shaoze mainly paves the way for the future.
The electronic information age is coming, with a telephone company, Long will occupy a great opportunity.
Be able to become the rule maker in the telecommunications era of Hong Kong Island!
Moreover, compared with Hong Kong Island Electric Lighting, it does not cost much to acquire a telephone company.
What Su Shaoze really needs to consider is how to win HK Electric!
It is a huge enterprise with total assets of five billion Hong Kong dollars. Even in the economic crisis, the market value will not drop too much. After all, this is an industry related to people’s livelihood.
five billion!
a lot of!
(bade) Even when the stock market crash completely broke out and the Galaxy Fund got back all the VAM agreements, Su Shaoze would only be able to raise about 3 billion.
Either give up the wholly-owned acquisition of Hongkong Electric, and turn to holding!
Or just take a loan!
But the loan of two billion Hong Kong dollars is really too much, and under the environment of economic crisis, everyone can’t wait to keep their wallets tight [I’m afraid no bank can come up with it
.
While Su Shaoze and Ye Tianci were discussing how to win HK Electric, there was a knock on the door, and Ye Tianci’s secretary walked in.
“Mr. Ye, Mr. Lu Desheng, the general manager of Wing Lung Bank, is here and wants to see you!”
Wing Lung Bank?
Hearing this name, Ye Tianci immediately understood what was going on.
He explained softly in front of Su Shaoze: “Wing Lung Bank is one of the top ten banks in Hong Kong Island, and its parent company is a bank in Tuao.
“Wing Lung Bank’s assets are about one billion yuan!”
“Just half a year ago, following your instructions, our Galaxy Fund began shorting the Hang Seng Index.”
“Signed VAM agreements with many bulls, among which the agreement signed with Wing Lung Bank involved the largest amount.
“According to your forecast, if there is a real stock market crash on Hong Kong Island and the Hang Seng Index will drop by 60%.”
“Then Wing Lung Bank will pay us nearly 800 million Hong Kong dollars in cash for this.”
“The debt ratio of Wing Lung Bank itself is very high. Once the VAM agreement is completed, Wing Lung Bank will go bankrupt directly.
There is always no shortage of top-notch people in the world, nor is there a shortage of gamblers.
Some people have speculated before that Hong Kong Island will definitely be taken back.
However, Wing Lung Bank is willing to gamble and believes that the Hang Seng Index will not collapse.
If the bet wins, their bank assets will double.
It is a pity that as more and more news came and the Sino-British negotiations deepened, it seemed inevitable that Hong Kong Island would be taken back.
Stock markets on Hong Kong Island have started to stagnate.
With the collapse of Carrian Group’s stock today, Hong Kong Island’s stock market will inevitably be greatly affected.
For the first time in three years, the Hang Seng Index showed a downward trend.
Therefore, the executives of Wing Lung Bank panicked.
Thinking that they have such a gambling agreement with Galaxy Fund!
Although they don’t know that the Hang Seng Index will drop by 60% in the future, they don’t even know that Wing Lung Bank will pay a price of 800 million Hong Kong dollars for this.
But they know that they have a great chance of losing this gambling agreement!
But now, what they have to do is to redeem the VAM agreement in advance to recover the bank’s losses as much as possible. .