The Wealth Empire Crossing the Hong Kong

Chapter 540 The Only Loser

Not long after the Mid-Autumn Festival, Kowloon Airlines announced to the outside world that Charter King, Cao Guangbiao, Wang Kuancheng, Huo Yingdong and others transferred their shares in Kowloon Airlines and resigned from the board of Kowloon Airlines.

Li Zhaoji, Guo Desheng, Feng Jingxi, Zheng Yutong, Lin Baixin, Qiu Degen, Guo Henian, Huang Zhixiang, Guo Lingming and others served as the directors of the company, and Li Zhaoji served as the chairman of the board of directors. At the same time, Kowloon Airlines also changed its name to Hongya Airlines.

Just this news is not enough to cause shocks in all circles in Xiangjiang. Not long after the news was released, Wharf Holdings held a press conference. Chartered Ship King resigned as Chairman of the Board of Directors of Wharf and President of the Group, and his son-in-law Wu Guangzhen resigned as Vice Chairman of the Group Vice President position.

Lisa Grosvenor serves as the chairman of the board of directors of Wharf Group, Lin Gaoxing acts as the vice chairman of the board of directors of Wharf Group and the group president, and the heads of Heung Kong from the four major families of Keswick, Swire, Kadoorie and Standard Chartered As the group director, HSBC has arranged for an elite to serve as director and chief financial officer.

At present, the charter king is still the largest individual shareholder of this group, but Grosvenor, Jardine, Swire, CLP Power, Heung Kong Electric, and HSBC collectively hold more than 50% of the shares.He and his son-in-law were directly kicked out of the management.

Zhou Pengfei's wife, Lisa Grosvenor, came to Xiangjiang this time to visit Zhou Pengfei's parents. The only thing she did was to cooperate with several British capitals to seize Wharf, so that Grosvenor Group could really gain a firm foothold in Xiangjiang. .

It has to be said that Zhou Pengfei and his wife are quite well-known in the business world. One is Lanfeng Holdings, which manages assets exceeding tens of billions of dollars, and the other manages Grosvenor Group, which also manages assets of tens of billions of dollars.

The acquisition of Wharf by the Grosvenor family is also a prelude to the large-scale entry of the Rose Consortium into the Xiangjiang market.

Of course, the Rose Consortium's main focus is not the Xiangjiang market, they hope to use this as a springboard to enter the mainland market.

At present, Volkswagen Group has reached a joint venture agreement with SAIC, and Chrysler has also reached a cooperation agreement with BAIC. Together with Yushi Group and Jaguar Group, there are four automobile groups entering the mainland automobile market.

The Rose Consortium, which holds the largest automobile group in England, obviously does not want the mainland market to be occupied by these automobile groups, and also hopes to reach cooperation with mainland automobile companies.

Lisa Grosvenor's visit to Xiangjiang this time is mainly to go to the inland market to inspect the inland auto companies, and to sign joint venture agreements with Sun Hung Club and Nanyang Club.

It was also on this day that Xiangjiang’s second automobile company was born, Nanhua Automobile Company, which was jointly established by Luofu Automobile Group, Xinhong Holdings, Nanyang Holdings, and New Asia Holdings.

Perhaps it was destined to be bustling in the business world today. Shixin Building Materials Company announced to the outside world that it had reached a three-year river sand procurement agreement with Pengcheng Import and Export Company.

The signing of this contract also broke the monopoly of a certain company on the supply of river sand to the Xiangjiang market in the north for many years.

This is not over yet. Today, the Xinjian Department is also moving again and again. Lane Crawford, Watsons, Hongyu Clothing, Jingyi Electric Appliances, Amoy Group, and Yushi Group have announced to the public that they will establish a headquarters building in the Tseung Kwan O business district. The investment ranges from three billion to five billion Hong Kong dollars.

At the same time, Xinjian Securities Investment Co., Ltd. issued an announcement that the company, together with Bank of East Asia, Daoheng Bank, Wing On Bank, Xinhui Holdings, Guanghua Holdings, Kowloon Holdings, etc., invested two billion Hong Kong dollars to establish a high-tech enterprise incubator in the North District, encouraging and Support young people in Hong Kong to start their own businesses.

This action is obviously the Tung Wah Association’s intention to build the North District into the second Hsinchu Science and Technology Park and support aspiring young people to start their own businesses. After these young people start their businesses successfully, the Tung Wah Association will also get rich returns.

If you think this is the end, then you really underestimate Li Jianhui. The Beijing talks have been over for more than a month. Li Jianhui has waited so long to make a big plan to boost the confidence of the citizens.

Xinjian Holdings, Yuntao Holdings, and Xingsha Holdings issued a joint announcement that they have signed an agreement with the Bryan government to invest in the construction of the Eastern Submarine Tunnel, with a planned investment of [-] billion Hong Kong dollars and a planned construction period of five years.

This is another major transportation project after Xinjian Group invested in the Tai Lam Tunnel in Xiangjiang. The Tai Lam Tunnel will be opened to traffic in the first half of next year, and the time from Yuen Long to Kowloon City will be saved by more than an hour.

With the completion and opening of the Eastern Submarine Tunnel, the time to travel from Central to Tseung Kwan O will be greatly shortened, and property and land prices there will also rise significantly.

In this regard, the other parties can only be silently envious of the Donghua Association, not to mention how much profit the subsea tunnel will make after it is put into use in the future, the increase in the property market and land prices caused by the tunnel is enough for Donghua Association earned a lot.

You must know that Saigon is basically a market for real estate companies under the Tung Wah Association. Several companies have a large amount of land reserves there, and the purchase was cheaper than the price of cabbage.

Shareholders are extremely happy today, especially those on the Far East Exchange. Affected by the news, several leading stocks have risen sharply, especially several major real estate stocks.

Many real estate companies are even more concerned about the real estate market in Saigon District. They know very well that once the Eastern Submarine Tunnel is completed and opened to traffic, and the buildings planned by the Xinjian Department and the Allies are completed and put into use, there will be a place after Central. , the second business district where headquarters gather.

It's just a pity that the land adjacent to the business district has basically fallen into the pockets of the companies under the Donghuahui. Even if they go in, they can only get a slightly remote land, and they can barely drink soup along with it.

Perhaps some forces thought it wasn't lively enough, so they also got involved. Shun Tak Group announced to the outside world that it would jointly invest three billion Hong Kong dollars with Cheung Kong and Hang Lung to establish Chimelong Energy Group and enter the petrochemical industry.

All of a sudden, it seemed that they had completely stepped out of the previous cloud. Those citizens who were a little hesitant and panicked settled down at this time, and some who were planning to leave also temporarily gave up their plans to leave, and put their minds back into work.

But in the upper circle, there is an undercurrent. Today, pieces of information continue to hit their nerves, and each of them is weighing the impact of these information on themselves.

The Governor's Mansion, Xiangjiang Xinghua Society, and Xiangjiang Zhonghua Society are discussing urgently to see if they can find an opportunity that is beneficial to their side.

Li Jianhui is sitting in the office of Wheelock Building and laughing at the situation. As for the investment in so many buildings, it is more of a slogan at present.

At least for now, the Xinjian Department and even the Donghua Society have no plans to build a large-scale headquarters building. Now is the time when the industry is expanding rapidly, and they don't want to spend all their money on the headquarters building.

The real start of construction is the Eastern District Tunnel, and this year it is only a survey. After the completion of the Tai Lam Tunnel next year, this side will be officially put into construction.

Of course, Li Jianhui and the others will not do nothing after the slogan is shouted out. This year and next year will mainly focus on leveling the land. Anyway, we will work slowly and the investment will not be too much.

Several parties took action today, which was also a response to the Mid-Autumn Festival. Today, all parties made frequent moves, and the only loser was Xianghua Club. Not only did they give up the air bridge Kowloon Airlines that communicates with Xiangjiang in the north, but Wharf also failed to keep it. This also led to The Kowloon basketball team under Wharf is no longer affiliated with Xianghua Club.

Coupled with the loss of Johnson Electric, as well as the withdrawal from theaters and exchanges, Xianghuahui can be said to have suffered a huge blow and was forced to withdraw from multiple industries.

(End of this chapter)