We're building a super chaebol in Hong Kong
#844 - Benefit a lot
Merris had just called Zhang Qizheng, and in less than two seconds, the other party answered.
Soon, Merris explained his intention.
Hearing Merris's words, Zhang Qizheng was first stunned, and then burst out laughing.
"Mr. Zhang, what's wrong?" Merris asked in confusion.
"Mr. Merris should be in the office, right?" Zhang Qizheng asked.
"Yes, I'm in the company office," Merris replied.
"I just got back to the company. After I take care of some things, I'll go over to see you later," Zhang Qizheng said.
The 'taking care of things' that Zhang Qizheng mentioned naturally referred to contacting the person in charge of Leland Automotive Group through connections.
Only after he had made contact and confirmed that negotiations were possible would he fly to England to negotiate with the other party.
After the two sat down, Zhang Qizheng smiled and said, "Mr. Merris, I already know about your problem. To be frank, if China Bus wants to expand and swallow the entire Kowloon Peninsula market, it's definitely impossible. But if it's just expanding into a few insignificant territories, in my opinion, it's very simple."
"Mr. Zhang, please explain in detail," Merris said, sitting upright like a student, ready to listen to Zhang Qizheng's insightful opinion.
"Don't rush. Before I talk about this, let me tell you about Hong Kong Electric Group. Mr. Merris should also know about Hong Kong Electric Group, right? It's also a listed public utility company with absolute control by the boss, similar in nature to China Bus, except that Hong Kong Electric Group is a power supply company, while China Bus is a bus company," Zhang Qizheng continued.
"Does Hong Kong Electric Group have anything to do with China Bus's desire to expand?" Merris couldn't help but ask.
Although he had only been in Hong Kong for a short time, he also knew that Hong Kong Electric Group was a listed company under Su Cheng's banner, and it seemed that the acquisition hadn't been very long ago.
Of course, he couldn't possibly know everything. After all, when he was at Jardine Matheson, his market focus was more on Southeast Asia, rather than Hong Kong. Although Hong Kong was also a very important market, he didn't put too much effort into it.
Therefore, Merris only knew the general situation of Hong Kong Electric Group. As for what happened during that time, he didn't pay attention to it.
"Mr. Merris, don't worry, listen to me slowly, and you'll understand after I finish," Zhang Qizheng said with a smile.
Merris nodded and ultimately didn't interrupt.
"Hong Kong Electric Group, like China Bus, has its business scope on Hong Kong Island, so it has a natural disadvantage in terms of business scope, unable to compare with China Light and Power, the power supply company in Kowloon Peninsula.
After the boss acquired Hong Kong Electric Group, he tried to find a way to expand the power supply range of Hong Kong Electric Group.
So, he directly secretly acquired the shares of China Light and Power, and contacted the shareholders of China Light and Power other than the Kadoorie family, trying to bring the shares of these shareholders into his pocket.
In fact, the boss never thought of swallowing China Light and Power from beginning to end, because even if he wanted to, the Hong Kong government would not agree. This was just a means of coercion.
When the boss made the news of the acquisition of China Light and Power public, the Kadoorie family, as the helm of China Light and Power, became anxious.
They sought help from the government, increased their holdings of China Light and Power shares, and tried to negotiate with the boss.
In the end, with the intervention of the government, the boss put forward his conditions. He could give up controlling China Light and Power, but he had to cede a part of the power supply rights in some areas to Hong Kong Electric Group, and finally successfully took down Tuen Mun, Islands District, and Sai Kung.
Not only that, relying on the China Light and Power shares acquired in the early stage, the boss also made a lot of money in the stock market, earning hundreds of millions of Hong Kong dollars.
It can be said that in terms of power supply area, Hong Kong Electric Group and China Light and Power are now almost on par with each other, but because Tuen Mun, Islands District, and Sai Kung have not yet developed, Hong Kong Electric Group still cannot match China Light and Power in terms of population and electricity consumption.
But in the future, when the three places, especially Tuen Mun and Sai Kung, develop, it will not be a problem for Hong Kong Electric Group's power supply to catch up with China Light and Power.
After this commercial war, the total market value of Hong Kong Electric Group quickly surpassed China Light and Power, becoming the largest power supply company in Hong Kong.
The previous development trend of China Bus and Hong Kong Electric Group was very similar, but this incident also shows that even if the government is restrained, as long as the strength is strong enough, the other party will always give in.
After all, although your government cannot allow a consortium to monopolize a public utility industry, if the boss really wants to take down China Light and Power, he can completely control China Light and Power in other names, rather than holding shares in the name of Tianyuan Investment Company.
As long as it is done within the scope of the rules, even the government can't do anything about it!"
Zhang Qizheng smiled and briefly introduced the previous game between Hong Kong Electric Group and China Bus.
The wonderfulness of it is naturally not something that can be explained in a sentence or two.
Merris's eyes became brighter as he listened.
He didn't expect the boss to be so powerful in Hong Kong. From the story, he could see that even Government House didn't dare to easily say no to the boss.
"I didn't expect there to be such a wonderful commercial war. I don't even know about it," Merris exclaimed.
"The game between Hong Kong Electric Group and China Bus happened in December last year. In fact, the media reported it extensively at that time. Maybe Mr. Merris didn't pay much attention to it," Zhang Qizheng said with a smile.
"In December, Jardine Matheson encountered difficulties in its business. In addition, it was trying to open up new markets in Europe and the United States. During that time, I often traveled to countries in Europe and the United States, so I really didn't pay much attention to Hong Kong news," Merris nodded.
"Then it's no wonder," Zhang Qizheng realized.
He knew that the news in Singapore and Hong Kong was almost synchronized. In theory, Merris should have known about such a big event.
Now, after hearing his words, combined with the previous situation of Jardine Matheson, he immediately understood.
"Mr. Zhang, your words have given me a great reminder. I want to understand more deeply about the game between Hong Kong Electric Group and China Light and Power. I wonder if you have relevant information there?" Merris asked.
"Yes, of course, I am also one of the participants, and also the main participant, of course there is relevant information, since Mr. Merris needs it, I will organize a copy for you to refer to later," Zhang Qizheng said with a smile.
"Thank you so much."
For Merris, he benefited a lot today.
The most important thing is that it made him understand how strong the boss's ability is in Hong Kong.
(End of this chapter)
You'll Also Like
-
Kamen Rider: Missed the College Entrance Examination at the Beginning and Became a Kabuto
Chapter 140 3 days ago -
Daqin: After eighteen years of forbearance, the useless prince went crazy with killing
Chapter 92 3 days ago -
Unlimited enhancement at the beginning, all heroes are god-level
Chapter 138 3 days ago -
Zhutian: Gain a supernatural enlightenment at the beginning
Chapter 234 3 days ago -
Top torture! The sickly actress has a crush on me
Chapter 291 3 days ago -
Started with maxed-out merit, everyone in the primordial world is my connection
Chapter 149 4 days ago -
Rebirth of the 1980s: The Military Industry Empire
Chapter 828 4 days ago -
My Doomsday Train
Chapter 177 4 days ago -
Dragon Clan: I, Maybach, join the chat group
Chapter 214 4 days ago -
Strengthen your offspring. All my descendants are big shots in the fairy world.
Chapter 1128 4 days ago