People in Hong Kong create super chaebols

"Announcement on the Appointment of the Company's President".

The next day, many Hong Kong business newspapers published the announcement issued by Chunghwa Bus.

In particular, the "Hong Kong Securities News" and the "Hong Kong Commercial News" are newspapers that many investors like to read.

Therefore, the news that China Bus changed its president quickly spread throughout the stock market.

In the announcement, Melis' resume was also published as an attachment.

Therefore, investors quickly learned about the resume of the new president.

Knowing his previous work experience and achievements, everyone is very confident in his leadership of China Bus.

Moreover, looking at the major companies controlled by Su City, the abilities of the people in charge have been proven one by one.

It can be seen that Su Cheng's ability to identify talents is very strong.

The fact that Melis was valued by Sioux City and entrusted with the important role of president of China Bus is enough to show that he has this ability.

As a result, China Bus's stock price began to rise sharply again inexplicably.

Originally, China Bus's stock price had stabilized at around HK$32 per share during this period due to the acquisition of Sioux City.

After the person in charge of the company was finally confirmed this time, the stock price rose sharply, reaching 35 Hong Kong dollars per share.

This is what stocks are like, corporate news and announcements will have a certain impact on its stocks.

Heung Kong stockholders are endlessly enjoying the speculation on China Bus shares.

Of course, this matter has little to do with Su City.

Because he now controls 51.96% of the China Bus shares and has no intention of increasing or reducing his holdings. Naturally, the ups and downs of the stock price have nothing to do with him.

On the other side, in the office of the chairman of the Yangtze River Industrial Group headquarters, Li Ka-shing, who had just started working, also saw the newspaper report.

Looking at the announcement published in the newspaper, Li Ka-shing felt an inexplicable unwillingness in his heart.

Originally, this talent should belong to their Yangtze River Industrial Group, but now, they missed him.

After all, the reason is because I am not strong enough!

Although Li Ka-shing is now considered a figure in Hong Kong, he is also a well-known real estate tycoon in Chinese-owned enterprises.

However, compared with Su Cheng's strength, the difference was so huge that he didn't even have the courage to compete with it.

Cheung Kong Industrial Group started out as a manufacturing company and made its first pot of gold with a plastics factory in the early days.

He was very business-minded and saw the future prospects of Xiangjiang Real Estate in the late 1950s, so the company began to focus on the real estate industry.

Since its development, Cheung Kong Holdings has become a benchmark enterprise in the real estate industry in Xiangjiang. The group's market value is nearly one billion Hong Kong dollars. Among listed real estate companies, it is second only to a few companies, such as Land Group.

It is not difficult to see that in the future of Xiangjiang, many industries and fields will be robbed of the market by companies under Suzhou City. Although they cannot achieve a monopoly, the market in Xiangjiang is so big. When no one can compete with Suzhou City, everyone will just can divide the remaining share.

Since the continuous rapid development of Cheung Kong Industrial Group, Li Ka-shing's ambitions have also continued to grow.

When they reached this point, they naturally wanted to go further.

Therefore, a year or two ago, he planned a plan to devour major British banks. Once successful, he would be able to rise directly from the second-rate tycoon to the top tycoon in Hong Kong.

Unfortunately, this plan failed after Su Cheng appeared.

Now, even in the competition for a talent, he has failed, and failed inexplicably. If he had not gone to Singapore, he would not even know how he failed.

He felt that he was really hitting a wall now.

But what if you are unwilling to do so? After all, he did not dare to offend Su Cheng.

Otherwise, it is not certain whether there is a place for him to survive in Xiangjiang.

Shift the focus of development overseas?

In the past year, after Li Ka-shing lost the opportunity to control Hutchison Whampoa Group, he did not think about it.

But in the end he denied it.

Because Li Ka-shing has spent nearly 40 years in Hong Kong since he arrived in Hong Kong at the age of eleven.

It can be said that almost all of his connections and everything he is familiar with are in Xiangjiang.

Can we develop at a faster rate if we go elsewhere?

Not necessarily!
Moreover, if you go to other places to develop, you may encounter joint squeeze from local enterprises.

It is not that Li Ka-shing has never encountered this kind of thing. After all, the Yangtze River Industrial Group also has many investments overseas.

In some investments, he could only withdraw his capital in despair.

It is impossible for all investments to be successful. He, Li Ka-shing, is not a god and cannot do this.

Therefore, even though he knew that if he stayed in Xiangjiang and reached the top, he would only be the second child, he still chose to stay in Xiangjiang and develop.

After all, Xiangjiang is the home base of Cheung Kong Industries. Even if it cannot surpass others here, it can continue to develop at a steady pace every year.

As for being the boss, forget it. At least for now, Li Ka-shing has not seen anyone who has the ability to surpass Su Cheng.

"Alas!" Li Ka-shing sighed, put down the newspaper and rubbed his forehead.

His heart is very complicated.

At fifty-one years old this year, he is already starting to age.

In this matter, if the competition fails, we can only give in.

"I hope Mr. Su will stop targeting Wheelock!" Li Ka-shing sighed.

In recent years, he has successively acquired several Chinese-funded companies, and American-funded companies have also acquired some.

However, in his heart, Li Ka-shing still hopes that Cheung Kong Group can acquire a major British bank.

In this way, we can break through as quickly as possible.

According to the current steady development of the Yangtze River Industrial Group, I don’t know when it will take the Yangtze River Industrial Group to become a first-class enterprise in Hong Kong.

If you want to overtake in corners, mastering the British capital is the key.

After all, British-funded enterprises occupy half of the sky in Hong Kong and are powerful.

Although Chinese-funded enterprises are gradually catching up, especially with the new generation of Chinese entrepreneurs from Suzhou, Chinese-funded enterprises are now getting closer to the strength of British-funded enterprises.

However, in the eyes of ordinary people, there is still a slight gap between Chinese-owned enterprises and British-owned enterprises.

Jardine Matheson & Co., Swire & Co., Ltd., Huifong Bank, Land Group, CLP Power, Wheelock Group, Ying Ni, Xiangjiang Telecom, Dairy Milk International, Cultural Oriental, etc. Even though many British-funded companies have recently begun to leave Hong Kong, The strength still cannot be underestimated.

Of course, what ordinary people don’t know is that Hutchison Whampoa Group, Soochow Group, Hong Kong Electric Group, Tianwen Oil Company, Tianyuan Investment Company, Tianqiong Semiconductor Company, Tianqi Property Company, and China Bus are currently in charge of Su City in Hong Kong. Wait for the company, the company controlled by him alone can compete with all British-funded companies, let alone other Chinese-funded companies.

Therefore, it can be said that under the influence of Sioux City, the overall strength of Chinese-funded enterprises now has actually surpassed British-owned enterprises. However, many companies in Sioux City are not listed, and their market value cannot be estimated, and ordinary people do not know it. (End of chapter)