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Chapter 748 Not as good as...

Chapter 748 Not as good as...

The acquisition of Swire is not a personal grievance, nor is it to fight against the old British capital, but out of the strategic needs of the company's development.

If the successful acquisition of Swire can make up for a shortcoming in the entire business empire.

Because the Swire Group is excellent, especially the air transportation business of Cathay Pacific, in the eyes of Mr. Su, it is definitely a piece of fat.

It is not difficult to realize this plan. Even HSBC also holds shares in Cathay Pacific, which is also a British capital. However, HSBC is not the real father of the Shi Yahuai family. As long as the price offered is high enough, HSBC can also sell itself.

When Tang Wanru came up with this plan, Su Chen thought about how many steps this plan would take in his head.

First, take advantage of the period before the stock market crash to buy shares in Cathay Pacific, Swire, and HAECO on the market.

Once the shares of Cathay Pacific can be obtained from HSBC before the stock market crash, coupled with the support of CITIC, together with the shares purchased in the market, they can have an absolute controlling stake of more than 50.1%.

The next step of capital injection and dilution of equity can be carried out, and finally take full control of Cathay Pacific.

Then it was the moment when both sides showed their cards and would not die.

As long as you have an absolute controlling stake, you will be able to publicly issue acquisition invitations and participate in the fierce market game process through equity raising, if the first two stages go well.

At this time, the Taikoo Group is just dying, and the overall situation has been determined and there is nothing to fear.

Of course, it's one thing to think about it, and it's another thing to actually do it.

……

When Mr. Rong, the managing director of CITIC, heard that the chairman and president of Shengshi had visited, he was particularly surprised.

In the past few years of development in Hong Kong, I have long been flooded with all kinds of prosperous news, and it is difficult not to know about this company.

But he broke his head and couldn't imagine how the two high-level executives of Shengshi would think of coming to visit.

However, out of politeness, he still asked the two to be invited to the office.

"Mr. Rong, I have admired your name for a long time." As soon as Su Chen entered the office, he smiled and said: "I take the liberty of visiting today, please forgive me."

"Where is it?" Mr. Rong also smiled. "It's rare for two young heroes to visit at the same time. They are really flourishing. It is said that the two are people that many people can't invite."

He enthusiastically shook hands with Su Chen and Tang Wanru: "It's the first time we meet, please take care of me, please sit down."

In 78, he came to Hong Kong with a one-way permit alone, and took refuge in his cousin. He trusted the managing director in the entry last year, and he is also an extremely powerful person.

After everyone sat down, Mr. Rong said, "I don't know if you two came to visit suddenly, what kind of business do you want to discuss with CITIC?"

After all, if it's just a small business, you only need to send a small manager to negotiate with the manager of CITIC, and there is no need to send these two people.

And the rumors about these two people from the outside world are very scary.

What two people are dispatched, the stock market trembles, and there are two heroes in a prosperous age, invincible and so on.

It almost didn't make the two of them look like aliens.

Su Chen nodded: "It is true that someone wants to negotiate with Mr. Rong. I heard that CITIC bought a 13% ​​stake in Cathay Pacific for HK$12.5 billion a few days ago?"

"Yes." Mr. Rong didn't hide anything.

Because this kind of news can be known by just asking.

This is also the first major investment of CITIC Hong Kong, in which the state lent 8 million yuan to CITIC Hong Kong to allow CITIC to carry out various investments.

However, this acquisition has caused heated debates both internally and externally. In the end, Mr. Rong's resolute attitude prevailed, laying the foundation for his continuous acquisition and expansion in the future.

Mr. Rong was at a loss, and asked cautiously: "Could it be that the two of you want to buy the shares of Cathay Pacific in CITIC's hands?"

These two people always give warmth to others everywhere, and if they don't pay attention, they will be eaten clean, so he has to ask clearly first.

"No and no." Su Chen shook his head and said with a smile: "To be honest, we are not interested in the Cathay Pacific shares held by CITIC, but we intend to acquire Swire shares."

"You want to form an alliance with CITIC?" Mr. Rong immediately sniffed out the intention of the other party.

Su Chen said: "Yes, we want to gain the full support of CITIC Group and form an alliance to advance and retreat together. In the fierce confrontation between China and Britain on the Hong Kong issue, the British side also made a special trip to ensure Hong Kong's shipping status and the interests of Cathay Pacific. set a rule."

"Let such a British-funded enterprise get the support of the British government, which is really not good for the future, because no one knows whether the British have buried chess pieces in these companies."

"So, you bought Jardine before, and now you are thinking of buying Swire, in order to drive out all these British capital?" Mr. Rong asked.

Su Chen said with a smile: "It's just for our development. It's not about driving these British capital out. The business field is always fighting against each other."

"Although it is not impossible to form an alliance, what benefits can we gain?" Mr. Rong said with a smile, "After all, we have just acquired equity, and it is somewhat unreasonable to deal with them like this."

Doing business pays attention to the word "profit". If there is no profit, few people will do thankless things.

Some people always say that rich businessmen in Hong Kong, some people are so good to the country, and some people are err.

It is said that there are only a few people who can be called heroes, such as Boss Huo, who was a hero who delivered supplies to the motherland during the War to Resist US Aggression and Aid Korea.

At that time, the international blockade was imposed on China. Although there were many Hong Kong businessmen who sent goods to China, the goods of these people were shoddy and sold to the mainland in different ways.

Only Boss Huo was determined not to raise prices or sell inferior products, and sent urgently needed materials such as rubber, tires, western medicine, cotton, gauze, etc. back to the mainland.

Almost every day, I contact during the day, drop off the goods, sail at night, sleep 3-4 hours a day, and always be alert to the "wanted smuggling" and certain assassinations of the British Hong Kong authorities.

With such heavy work and such a dangerous environment, it takes 3 years in one operation.

Later, he annoyed the Hong Kong British government, and at one point cut off the power to his building for half a year, and forced him to sell his property.

As for the others, most of them started to invest in the mainland after the signing of the "Sino-British Joint Declaration".

In any case, these people have indeed done a lot of good things.

But Boss Huo is the only one who can cover the national flag.

Su Chen said: "Right now, our Shengshi's retail industry and real estate are expanding across the country. CITIC has strong strength and is a very good strategic partner. Do you know if CITIC is interested in forming a strategic partner with our Shengshi?"

Golden Age's retail and real estate business has been in the mainland for a long time. In addition to the development trend of the mainland, it also has huge financial support behind it.

Although most of Shengshi's business is in Hong Kong, Mr. Rong knows that this is a company that is in line with international standards. The company's management personnel and financial system are all at international standards.

It is definitely not like a domestic state-owned enterprise, nor is it like a big family business in Hong Kong.

Now is also the time for CITIC to enter into rapid development, but some aspects are still lacking, but now that such an opportunity is in front of us, it is impossible not to be tempted.

But businessmen never reveal their real hole cards.

Mr. Rong smiled and said: "Although Shengshi Wanjia and Shengshi Land are very good, but we currently do not have much business in retail and real estate, but Shengshi intends to drive away these old-fashioned British investors. I am also Chinese, so I can't It's better to sit idly by..."

(End of this chapter)

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