People in Hong Kong create super chaebols

With his current status and influence, he really doesn't need to care too much about what others think.

However, he also cannot ignore the overall situation.

In the prosperous land of Hong Kong, the tide of business never stops.

As an extremely influential entrepreneur, every decision made by Su Cheng is like a boulder thrown into a lake, causing ripples.

At this time, Su Cheng was lost in thought about a major decision.

He is naturally very clear that in this special period, every move he makes may have a profound impact on the future of Hong Kong.

Memories flooded into his heart like a tide, and the experiences of his past life kept emerging in his mind, especially the tremendous efforts made by the country for the return of Hong Kong, which was a magnificent history.

Su Cheng understood that he had a heavy responsibility.

The return of Hong Kong to the motherland is an unchangeable fact. How to seize more benefits from foreigners during this period is also a problem he considers.

As an influential entrepreneur, he should contribute to the development of Hong Kong.

The idea of ​​buying a stake in Cathay Pacific kept swirling in his mind, and he carefully weighed the pros and cons.

If this decision can bring benefits to myself and contribute to Hong Kong's aviation industry, then perhaps it is the right choice.

However, risks also loom.

He is worried that Chinese companies will misunderstand his actions, which may affect his relationship with Chinese companies. This is undoubtedly a thorny issue.

Su Cheng's office was spacious and bright, with sunlight shining through the huge floor-to-ceiling windows, but it could not dispel the worries in his heart.

He paced back and forth in the office, and the sound of his footsteps echoed in the quiet space, as if reflecting his inner struggle.

Su Cheng's brows were furrowed, and his eyes revealed a thoughtful look.

This decision not only concerns his personal interests, but also his own future and the development of Hong Kong.

He must think carefully and make a wise decision.

After long thinking and repeated weighing, Su Cheng finally made up his mind.

He decided to buy shares in Cathay Pacific Airways.

He believes that while the decision carries some risks, it will also bring many benefits.

As long as he can properly handle the relationship with Chinese companies, this decision will be the right one.

Su Cheng raised his head and looked at Daniel Harry who was standing beside him.

"Mr. Daniel, inform Shiyoke that we agree to invest in Cathay Pacific, but we also have our conditions. We hope to have a certain say in the management of the company. At the same time, we also hope that Cathay Pacific can become a listed company in the future."

Daniel Harry nodded, knowing full well that the young boss’s decision was well thought out.

So he immediately picked up the phone and informed Shiyok of Sucheng's decision.

On the Jardine Matheson side, after discussing with the think tank, Shi Yueke decided to agree to Su Cheng's conditions.

They are still unsure whether they can ultimately defeat the sudden emergence of Hong Kong Dragon Airlines.

Although they have help from the government, they are ultimately fighting alone.

If Su Cheng is brought in, it is obvious that their strength will be stronger.

As for going public? We'll talk about it in the future. At least Shi Yueke has no such idea at the moment.

Let’s pull Su Cheng onto the boat first!

Three days later, Cathay Pacific Airways' press conference was grandly held in the lobby of its headquarters at the Swire Group Building.

The scene was arranged in a solemn and grand manner, with bright lights illuminating the entire space. The huge background board was printed with the Cathay Pacific logo and the eye-catching words "Important News Announcement".

Reporters from various media outlets arrived at the scene early. Carrying cameras, microphones, pens and papers, they talked excitedly and speculated about the important content of today's press conference.

These reporters come from different media organizations, including TV stations, newspapers, magazines, etc., and they are all eager to get exclusive news first.

As time went on, the atmosphere at the press conference became increasingly tense.

Finally, to the sound of exciting music, Cathay Pacific Airways' senior leaders and Su Cheng walked onto the podium together.

The flash lights flashed like lightning, and the sound of camera clicks continued.

Su Cheng was wearing a neat dark blue custom-made suit with a dark red tie, and he looked calm and generous.

His hair was combed meticulously. The moment he walked onto the podium, he raised his chin slightly, with a confident smile on his face, and nodded slightly to the media reporters below the stage.

That calm demeanor seemed to tell everyone that he was full of confidence in what he was about to announce.

The moment Su Cheng was seen, there was an immediate sensation at the scene.

No one expected that the world's richest man, Su Cheng, would appear at a Cathay Pacific Airways press conference.

Everyone immediately realized that this press conference must be related to Sucheng.

Many people speculated, could it be that Suzhou City acquired Cathay Pacific Airways?

If so, it would be huge news.

The press conference started soon and the scene suddenly became quiet.

Some people had already heard the rumors and knew that although Suzhou City did not acquire Cathay Pacific Airways, it had invested in Cathay Pacific Airways and became an important shareholder of Hong Kong's largest airline.

The president of Cathay Pacific Airways gave a speech first. His voice was steady and powerful: "Dear friends from the media, today we are holding this press conference here to announce a major news.

After a series of consultations and negotiations, we are very honored to welcome an important partner, Mr. Su Cheng, who will invest in Cathay Pacific and become our second largest shareholder, holding 30%; the former second largest shareholder, Bank of Asia Pacific, will reduce its holdings to 20%, becoming the third largest shareholder of Cathay Pacific; Swire Pacific will also reduce its holdings from 70% to 50%, and will remain the controlling shareholder of Cathay Pacific! "

As soon as this statement came out, the scene was in an uproar.

The reporters were whispering to each other with surprised expressions on their faces.

They didn't expect that the rumor was actually true.

Su Cheng stood quietly by the side, his hands hanging naturally at his sides, still with a smile on his face.

He tilted his head slightly and listened carefully to the president's speech, his eyes were very calm. Then, Su Cheng walked forward and greeted everyone with a smile.

He cleared his throat and spoke in a clear and loud voice: "Hello, friends from the media. I am very happy to become a shareholder of Cathay Pacific Airways. I believe that with our joint efforts, Cathay Pacific Airways will usher in an even brighter future."

As he spoke, his eyes scanned the reporters in the audience, and the smile on his face never stopped.

Afterwards, Su Cheng and Cathay Pacific executives answered reporters' questions together.

When a reporter asked about the specific amount of the investment, Su Cheng raised his mouth slightly and said slowly: "The specific amount is a commercial secret and cannot be disclosed at present. But what I can tell you is that this is a cooperation of great significance."

His tone was calm, making people feel his decisiveness and wisdom.

When answering questions about future development plans, Su Cheng frowned slightly, thought for a moment, and then slowly said: “Our goal is to promote Cathay Pacific’s listing and further enhance the company’s strength and competitiveness.

At the same time, we will also be committed to providing passengers with better services and making greater contributions to Hong Kong's aviation industry."

As he spoke, he waved his right hand gently, as if he was drawing a grand blueprint for the future.

After the press conference, the news spread throughout Hong Kong like a whirlwind.

People were discussing this major event on the streets.

In the office building, white-collar workers gathered together during their break to discuss Suzhou's investment in Cathay Pacific Airways.

“Wow, I didn’t expect Su Cheng to be so powerful that he actually became the second largest shareholder of Cathay Pacific.”

"It's a pity that it's not a direct acquisition, it's just becoming the second largest shareholder."

"Yeah, I was looking forward to Su Cheng acquiring Cathay Pacific, but I didn't expect it to be only the second largest shareholder."

"This is already very good. Cathay Pacific Airways was previously completely controlled by Swire Pacific, and now this Chinese entrepreneur from Su Cheng has finally become an important shareholder. This is already an improvement."

"That's true. There has been progress. I totally agree with this statement!"

"I used to think that Dragonair could rise, but now it seems that it is difficult to rise. Su Cheng's investment in Cathay Pacific is a good idea. I hope he can directly acquire this company in the future!"

"Yes, this will definitely have a significant impact on Hong Kong's aviation market."

In the cafe, customers discussed the news while sipping coffee.

Major media outlets also reported this news on their front pages.

Newspapers used eye-catching headlines and large photos to attract readers' attention, and television stations broadcast the grand press conference and experts' analysis and comments during prime time.

After the press conference, the news that Su Cheng had become the second largest shareholder of Cathay Pacific Airways quickly swept across Hong Kong like a storm.

People were talking about him on the streets and alleys, and the topic of conversation after dinner was always about this suddenly rising business giant.

Amid this wave of enthusiasm, representatives of Chinese companies could no longer sit still.

They are worried that Suzhou's move will upset the existing balance and have an adverse impact on the layout of Chinese companies in Hong Kong's aviation sector, especially the newly established Dragonair.

So they decided to talk to Su Cheng privately, hoping that he would change his mind.

When Su Cheng received the invitation from the representatives of Chinese companies, he already had expectations.

He knew that his decision would inevitably cause some waves, but he also firmly believed that his choice was correct.

During the meeting, Su Cheng calmly faced the questions raised by the representatives of Chinese companies.

"Everyone, I understand your concerns. But please listen to my explanation." Su Cheng said calmly, "Today's Dragonair is indeed struggling under the restrictions of the policy.

The British and Hong Kong governments will not allow the interests of the airlines they control to be harmed, so no matter how hard we try, the room for development is very limited.

As the leading enterprise in Hong Kong's aviation industry, Cathay Pacific Airways has strong strength and a broad market.

I invested in Cathay Pacific not for personal gain, but because I saw a greater opportunity.”

Su Cheng paused and continued, "My goal is to promote the listing of Cathay Pacific Airways. Once the listing is successful, we will have the opportunity to take more initiative in the capital market and bring new vitality to Hong Kong's aviation industry.

Moreover, I also hope to use my influence in Cathay Pacific to gradually change some unreasonable current situations and make Hong Kong's aviation market more fair and open."

As the representatives of Chinese companies listened to Su Cheng's explanation, the doubts on their faces gradually dissipated.

They began to think seriously about Su Cheng's words and realized that his intentions were not as simple as they initially thought.

A leader of a Chinese-funded enterprise nodded slightly and said, "Mr. Su, we admire your vision and strategy. We did have some misunderstandings before, but now we understand your good intentions. We are willing to support your decision and work together for the future of Hong Kong."

After getting support from Chinese companies, Su Cheng finally felt relieved.

He knows that with the help of Chinese companies, his plans will be able to proceed more smoothly.

After officially becoming an important shareholder of Cathay Pacific Airways, although Su Cheng did not personally participate in the management of Cathay Pacific Airways, he sent representatives to participate in the management of Cathay Pacific Airways.

After discussion, the executive sent by Su Cheng became a vice chairman of Cathay Pacific Airways and had partial management rights.

Driven by Su Cheng, Cathay Pacific Airways began a series of reforms and innovations.

What Jardine Matheson did not expect was that their introduction of Su Cheng as the second largest shareholder was definitely an act of inviting a wolf into the house.

At this time, Su Cheng had already begun secretly plotting how to push Cathay Pacific Airways to go public.

This is not easy. After all, Jardine Matheson is the absolute controlling shareholder, holding 50% of the shares, and Su Cheng only controls 30%. As for the Huifeng Bank, which holds 20% of the shares, it usually does not pay much attention to Cathay Pacific's affairs.

The reason why the representative sent by Su Cheng had some management rights was that Jardine Matheson gave face to Su Cheng.

Otherwise, you won't have any say at all.

He already has his own ideas about how to control Cathay Pacific in the future.

That is to target the 20% stake held by Huifeng Bank.

No one knew that Su Cheng had actually been secretly absorbing Huifeng Bank's shares for several years and had already become Huifeng Bank's largest shareholder.

However, even if he became the largest shareholder of Huifeng Bank, he still could not control the bank, so he never leaked the news.

Moreover, if Huifeng Bank develops on its own, it will become a company with a market value of one trillion yuan in the future. At that time, it will be his chance to take over.

Su Cheng is not in a hurry to control Huifeng Bank! (End of this chapter)