People in Hong Kong create super chaebols

Chapter 399 Information Disclosure
The Kadoorie family is the actual controlling shareholder of CLP Power. In recent years, relying on the golden egg of CLP Power, the Kadoorie family has lived a very prosperous life in Hong Kong.

Moreover, the Kadoorie family has always been very low-key. Although their wealth has reached one of the top ten financial groups in Hong Kong, the Kadoorie family has never taken these so-called honors seriously.

They prefer to make a fortune silently.

The Kadoorie family, which holds 40% of the shares of CLP Power, never thought that anyone would target their CLP Power Corporation.

Therefore, Zhang Qizheng's trading went very smoothly.

For more than a week, the trading team organized by Zhang Qizheng has been secretly controlling the stock market of China Electric Power.

Even, in order to be more confident and use the information they had, Sioux City spent HK$4 million to acquire a total of 12.5% ​​of China Power shares from three British people.

Nowadays, many British people want to sell off their assets in Xiangjiang and evacuate Xiangjiang as soon as possible to prevent the possibility of a collapse of their assets in Xiangjiang in the future.

This also provided Su Cheng with great convenience, otherwise he would not have been able to take over the shares from these British people so easily.

In addition, in more than a week, Zhang Qizheng's trading team successfully acquired 3% of China Power's shares at a cost of about HK$8.2 million.

After that, it becomes difficult to continue absorbing.

In the stock market, everything that should be absorbed has basically been absorbed.

There is no need to continue to acquire the remaining high-priced listings.

Moreover, they were all acquired at a price lower than CLP Power’s valuation, so no matter what, Sioux City would not lose.

The market value of China Power is around HK$40 billion.

Today, the Kadoorie family holds 40% of the shares, and Sioux City's Tianyuan Company holds 20.7% of the shares.

When Su Cheng heard Zhang Qizheng's report, Su Cheng said directly: "Next, you can turn from darkness to light."

This means that Tianyuan Company can acquire the shares of China Power in an open and honest manner, and there is no need to continue to do this matter secretly.

At the same time, Sioux City officially launched an acquisition intention from China Power!

It is impossible for the Hong Kong Electric Group to acquire it, because the assets of the Hong Kong Electric Group are not as good as those of China Electric Power Group. The cash flow of China Electric Power Group is greater than that of the Hong Kong Electric Group every minute. How can it acquire a company that is bigger than itself? enterprise?

Therefore, Sioux City can only acquire in its own name.

Because he has a lot of money!

At the same time, he also told Chivalry News the first-hand information about his intention to acquire China Power.

When Sioux City sent the letter of intent to acquire the company to China Electric Power Corporation, Chivalry News also reported the news simultaneously.

Suddenly, the news that Sioux City planned to acquire China Power spread throughout Hong Kong.

As a result, Chivalry News became the best-selling newspaper that day, with more than 50 copies sold at one time.

In any era, there are many melon-eating people.Especially for the fact that Sioux City plans to acquire China Power, it is news that must be paid attention to by ordinary people.

Sioux City is Chinese, and to ordinary Xiangjiang people, it is one of their own.

Instead of saying that everyone is just a bunch of people, it is better to say that everyone hopes that Sioux City can really acquire China Power and make China Power a truly Chinese-owned enterprise instead of a foreign company.

At the CLP Power headquarters in Argyle Street, Homantin, Kowloon, Hong Kong, the chairman of CLP Power, Lawrence Kadoorie, was discussing with his son Michael Kadoorie how to deal with the matter.

For them, the news came too suddenly.

Who is Sioux City?That is the man who is called the richest man in the world.

Although the Kadoorie family has been growing in strength over the past few decades, they would naturally feel inferior if they wanted to compare with Su Cheng in terms of wealth.

"Father, we hold 40% of China Electric Power's shares, so we don't have to worry that he can take our controlling stake!" Michael Kadoorie said from the side.

Kadoorie has been passed down for three generations, and the family has always been prosperous in wealth but not in generation.

"That's what I said, but if Mr. Su Cheng wants to win the 60% of the outflowed stocks, he can really win it with his strength. Even if he only becomes the second largest shareholder of China Power in the end, do you think we can still win it? Can you sleep? When the time comes, we will have to guard against him coming back to devour our equity every day, and our lives can no longer continue to develop in a low-key manner." Rowlands Kadoorie sighed.

CLP Power’s power stations were forced to self-destruct during World War II. After World War II, Lawrence Kadoorie rebuilt the CLP Power Company again. After more than 30 years, CLP Power finally reached its current scale. It can be said that CLP Power It was Rowlands Kadoorie who rebuilt and developed it. Now that it was being targeted, although Rowlands Kadoorie felt very angry, he was also very powerless.

This was the first time since the end of World War II that he had been targeted like this. Their development had always been smooth before, even much better than that of the Hong Kong Electric Group on the other side.

While the two were discussing, there was a knock on the door.

"Come in," said Laurence Kadoorie.

The door opened and it was the general manager of CLP Power.

"Mr. Chairman, I have something important to report to you." The general manager came to the two of them breathlessly.

"What's the matter? Just tell me." Laurence Kadoorie said impatiently. He was not in a good mood at all now.

"It's like this. Just now, we learned that Mr. Su Cheng's Tianyuan Investment Company is buying up our stocks. In addition, the stocks of three shareholders including Edgeworth Rex have also been sold to Mr. Su Cheng, it seems that Mr. Su Cheng really has plans to annex China Electric Power." The general manager took a deep breath and then directly reported everything he knew.

"Edgeworth Rex and the others are really traitors. They didn't consult us at all, Falk!" Michael Kadoorie said angrily.

"You go out first." Lawrence Kadoorie glanced at his son, and then said to the general manager of China Electric Power.

"Okay, Mr. Chairman." The general manager looked at the two of them and silently exited the office.

Although he does not hold shares in CLP Power, he is equivalent to a grasshopper on a rope with Laurence Kadoorie. If Kadoorie loses his controlling stake in CLP Power, there is a high probability that he, the general manager, will be kicked out. .

"This matter is difficult to handle. No matter what, we must not lose China Electric Power. This is the lifeblood of our family!" Rowlands Kadoorie said seriously.

"Of course, father, we have accumulated a lot of wealth over the years. Why don't we buy stocks at all costs and let our stock holdings exceed 50%, so that we are not afraid of this Mr. Sioux City at all!" Michael Jia The truth speaks directly.

(End of this chapter)