Rebirth Strongest Tycoon
Chapter 591
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As soon as this question came out, Yue-Kong Pao and Henry Fok 2 stopped eating and drinking, and looked towards Xia Yu intently.
“Xia Yu, do you plan to acquire the Hongkong Electric Company?”
Yue-Kong Pao asked.
Xia Yu expression admitted frankly: “Yes, I have this idea.”
Yue-Kong Pao suppressed the inner surprise, nodded replied: “My Lufeng International holds 7.6% equity shares of the Hongkong Electric Company. Please transfer them to you. I will let someone sort out the situation when I return.”
“Old Pao, many thanks!”
Xia Yu smiled and said gratefully.
“Why don’t we both say thank you, that’s a big deal!”
“By the way, Xia Yu, after Murray MacLehose came back from the north, some British capital is already uneasy and ready to withdraw from United Kingdom. Several board members of the Hongkong Electric seem to have this tendency, should I come forward to help you buy it? “
Yue-Kong Pao waved his hand to say with a smile, then suddenly thought about it and said to Xia Yu.
As one of the board members of the Hongkong Electric Company, although he is a relatively ordinary one and does not care about the company’s operations, for so many years, because he has been indifferent to the outside, he has a good relationship with the board members of the company, whether it is British or It’s all true.
Now that Xia Yu intends to acquire the Hongkong Electric Company, he is naturally willing to help if he can help.
After all, Xia Yu has been helping him for so long, and he owes a lot of favors. Although Xia Yu doesn’t care, he has to keep it in his heart. He hasn’t paid it back. He feels unhappy.
Seeing Yue-Kong Pao’s help to Xia Yu, Henry Fok was of course impossible indifferent. He happened to be able to help with this matter. The Hongkong Electric Company has 3 Chinese shareholders, 2 of which have a good relationship with him, and one of them is still a fellow, but The Hongkong Electric is just the company they invest in.
Henry Fok admitted that for his face, the equity shares of the Hong Kong Electric Company, which won these two people, should not be a problem.
Therefore, Henry Fok immediately said: “Xia Yu, I should be able to help with this. I will come forward and buy some for you.”
Xia Yu smiled and said, “That’s good, Old Fok, thank you!”
“No need! You have helped me so much, and I have never had a chance to help you, so I feel so bored!”
Henry Fok said with a smile.
“Old Fok is right. We have always been supported by you, and we can’t live up to our conscience!”
Yue-Kong Pao said in a joking tone, Xia Yu unable to bear smiled.
“haha ……”
“Then I won’t say anything, I wish our friendship last forever!”
As Xia Yu said, raising the beer, the three of them bumped into each other and started drinking.
After drinking, the three people chatted about the Hongkong Electric.
“Xia Yu, before the Hongkong Electric was one of the top ten British companies, but now it seems that the stock price has dropped a lot. Are you going to buy electricity or supplement your real estate strength?”
“Either, the Hongkong Electric has a large number of land, which is of great value. Coupled with the sharp increase in oil prices, the cost of power generation has increased sharply. Instead, the stock price has fallen against the market, which is just right for acquisition.
Xia Yu explained, not at all.
Since Yue-Kong Pao and Henry Fok both intend to help him with the acquisition, they will definitely not rob the Hong Kong Island company, so it’s okay to tell them.
Besides, after the battle of Xia Yu annexing The Wharf, many Chinese companies in Hong Kong know that many British companies have great value, but the key is that many Chinese companies are not strong enough to do what Xia Yu did.
However, with the strength of Yue-Kong Pao and Henry Fok, there is a risk to directly collide with the original 4 major consortium, but the acquisition of the next-level or even the next-level British company is completely okay. You can’t commit Xia Yu and grab the port with Xia Yu. Light company.
Two people understandably nodded, Henry Fok thought for a while and reminded him: “The Hongkong Electric Company is now building a large oil-fired power plant on Lamma Island. The investment is huge. I heard that it is expected to be completed in 2. Xia Yu, if you are interested in the power industry If so, why not buy China Light & Power Company? CLP Power occupies more than 1981% of the entire Hong Kong electricity market. I heard that power plants are also being built. Hong Kong Electric wants to catch up with China Light and Power. It’s very difficult!”
Xia Yu faintly smiled, saying: “It doesn’t matter. If the market is low, then the price is low. If the income is not so fast, the acquisition price will be lower, but the Hong Kong Electric has the power franchise of Hong Kong Island.
“China Light and Power Company is in the hands of the Kadoorie family, and its equity shares are not as scattered as the Hongkong Electric. It is too difficult to acquire.”
Hong Kong’s electricity market has one and only two giants, namely, Hong Kong Electric Light Company and China Light and Power Company Limited. Among them, Hong Kong Electric Light Company was established earlier and was established in 2. At that time, Hong Kong’s economy and population were almost concentrated. In Hong Kong Island, New Territories and Kowloon are very deserted, and the Hong Kong Electric Company owns the power franchise in Hong Kong Island.
Later, because of the development of Hong Kong Island and the limited presence of the Hong Kong Electric Company on Hong Kong Island, the Hong Kong Electric Company began to diversify and enter the real estate industry and engineering construction industry. Electricity business is no longer the only pillar.
However, most of the power plants of the Hong Kong Electric Company are oil-fired power plants, which pollute the air. The development of Hong Kong Island is getting better and better. The power plants located in the northern part of Hong Kong Island have a greater impact on the health of residents in the urban area. The citizens expressed their opinions. Because of this, in September last year, under the intervention of the Government of Hong Kong, the Hong Kong Electric Company was forced to relocate the power station near the urban area and then invest in the construction of a large-scale power plant on Lamma Island.
The general environment of Hong Kong is not good. Even if the real estate industry is on the rise, it cannot withstand the sudden large investment in power plants. However, the Government of Hong Kong is pressured by public opinion, and even an existing power plant does not follow. The electricity supply has been increased, so the Hongkong Electric Company had to brace oneself to invest in the construction of a power plant.
Who knows that Iran’s revolution broke out again, causing the world’s oil prices to skyrocket. Almost all of the existing power plants of the Hong Kong Electric Company burned oil, which greatly increased the cost, but the electricity price was fixed by an agreement with the Government of Hong Kong. Therefore, the revenue of the Hongkong Electric Company is similar, but profits have plummeted.
Even the power plant under construction on Lamma Island has cast a shadow over it.
The capital market is the most sensitive. Therefore, the stock price of Hongkong Electric will fall against the market.
As for another giant in the Hong Kong power industry, China Light and Power Co., Ltd. was established by Paul Chater, and was gradually taken over by the Hong Kong Jews family Kadoorie family. After so many years, it has achieved a controlling stake and became the third largest Kadoorie family. One of the industries.
China Light and Power Company was founded in 1922 and owns the power franchise rights of New Territories and Kowloon. With the development, Hong Kong Island can not accommodate so many people. New Territories and Kowloon have been developed on a large scale, and the industrial area has also been moved to New Territories and Kowloon, as a result, the demand for electricity in the two places has skyrocketed, and the China Light and Power Company therefore accounts for more than 2% of the electricity market.
China Light and Power Corporation is also building a new power plant in New Territories Castle Peak. It is in cooperation with Eastern Energy Co., Ltd., a subsidiary of Exxon Petroleum Company, a subsidiary of Rockefeller Foundation. Castle Peak Power Plant is a coal-fired power plant, which is more environmentally friendly than oil-fired power plants.
Although it is more difficult to transport coal mines, coal-fired power generation is more stable than oil-fired power generation. After all, oil prices fluctuate much more than coal prices.
To be honest, Xia Yu also has eyes on the China Light & Power Co., Ltd., but as he said, it is quite difficult. After consideration, he chose to put the HEC in his mouth first.
It just so happens that the Hongkong Electric is now at a low point due to many reasons. According to the historical trajectory, entering the 80s, the Hongkong Electric Company will make a sudden leap. Because of the real estate industry, the market value will exceed 100 100000000 million and become one of the top ten British companies.
Such potential stocks of gold must of course be seized.
Besides, the electric power industry is a public service industry after all, which involves people’s livelihood. As long as the acquisition of the Hong Kong Electric Company, Xia Yu’s influence on Hong Kong Island will skyrocket, and 1000 households and 10000 households will be affected by him.
PS: By the way, ask for a recommendation ticket, monthly pass or something, thank you!
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