In Hong Kong, we build a global business empire

Chapter 176 Li Jiacheng sets his sights on Hong Kong Land Group

As expected, the news that the Hong Kong Land Development Group was investing equity in real estate development with the Hong Kong Electric Company at the former site of the Electric Road Power Station in North Point was reported by three newspapers, namely the Hong Kong Business Daily, the South China Morning Post and the Asian Wall Street Journal. The news spread throughout Hong Kong early the next morning.

In order to prevent others from wanting to take over Hong Kong Electric Group's shares in Hong Kong Land, Hong Kong Land Group specifically instructed that the matter be reported prominently in all three newspapers.

Basically, this condition has eliminated the possibility for anyone who wants to take over the Hong Kong Land Development in the future to buy shares from the Hong Kong Electric Company.

After getting up in the morning, Lin Haoran started reading the newspaper as usual.

What he was holding in his hand was a copy of Hong Kong Business Daily.

This newspaper is also one of the newspapers he must read every day.

In the newspaper, the photo of him shaking hands with Niu Bijian became the front page cover of the news.

Both the Hong Kong Land Development and the Hong Kong Electric Company Limited are top listed companies in Hong Kong. The cooperation reached between the two parties is enough to attract the attention of many people. What's more, the young Chinese entrepreneur Lin Haoran is involved, which adds more points of discussion to this news.

After reading their article carefully, I found that the Hong Kong Commercial Daily was very realistic and did not exaggerate the matter. It basically reported in detail the cooperation between Hong Kong Electric Group and Hong Kong Land today.

Regarding the development of the North Point Electric Road Power Station, Chen Shoulin will represent the Hong Kong Electric Group and discuss with the Hong Kong Land Group how to proceed with the development, and Lin Haoran does not need to worry too much.

Therefore, after signing the agreement, Lin Haoran no longer had to worry about this matter. From then on, Chen Shoulin would report to him on the progress of the cooperation every once in a while.

Today, February 2th, is Saturday, and the stock market is closed.

Therefore, no one at Huanyu Investment Company was working.

Lin Haoran looked at the drizzling rain outside and immediately gave up the idea of ​​going out.

The spring rain is continuous, moistening the entire earth, but it is quite inconvenient to walk outside.

In a residential building near Fort Hill, North Point.

Li Lizhen and her two best friends are reading comics and chatting at home. Today is the weekend and they don’t have to go to school.

"Lizhen, the handsome guy I met when I came back from Lamma Island said he invited you to shoot a commercial. Why didn't I hear you say that again later?" the tall female classmate asked curiously.

"No, I told my mom about it after I came back. My mom was worried that I had met a scammer. After all, although we know that they are all from the Hong Kong Electric Group, we don't know their specific identities. What if they are scammers? So I never went. Actually, I wanted to go. If it was true, imagine, the promotional posters of the Hong Kong Electric Group were posted everywhere on Hong Kong Island. Wouldn't I become a celebrity? How impressive that would be!" Speaking of this, Li Lizhen felt both regretful and yearning.

"That's true. He didn't reveal his identity, so who would know who he was? He rashly went to the headquarters of Hong Kong Electric Group and said he wanted to shoot a commercial? People might think you are crazy!" The tall girl laughed.

Anyway, she is not the one who can go. Many best friends are like this. They just don’t want to see the other person living better than themselves.

"Lizhen, Xiaofeng, look, this young man in the newspaper looks so familiar. Isn't he the handsome young man we met on the boat coming back from Lamma Island that day? If he hadn't agreed, we would have had to wait there for the whole afternoon before we could come back." At this time, another female classmate who was reading the newspaper said in surprise.

"No, no, let me take a look." Li Lizhen and the female classmate named Yang Xiaofeng were immediately attracted.

"Ah, Chairman of Hong Kong Electric Group?"

"Fuck, the person we met that day was actually the boss of Hong Kong Electric Group? Such a young chairman of a large company?"

"It's crazy. I didn't recognize such a big shot at the time."

"Some time ago, there seemed to be news that the chairman of the Hong Kong Electric Group had been changed. This matter seemed to be a hot topic. I heard my father talking about this with his friends, but I didn't pay much attention to it. I didn't expect it to be him."

"Lizhen, you are going to be rich. I didn't expect that a handsome and domineering CEO would take a fancy to you and ask you to shoot a commercial. I am so envious."

"How is he overbearing? Isn't he easy to talk to and funny? But he is quite handsome. It's a pity that he didn't like me. It would have been great if he had asked me to shoot a commercial. Although I have some spots on my face, I'm not ugly. I'm taller than Li Zhen and have a slim figure."

"You're not ugly, but you don't have breasts or a butt. It's strange that someone would like you."

"You don't have breasts. Your whole family doesn't have breasts."

Suddenly, bursts of teasing and playful sounds were heard in the room.

After a long while, Li Lizhen said, "I want to seize this opportunity. I may not study in two years. If I really become famous by shooting commercials, then at least I will have a way out in the future and no longer worry about not knowing what job to do. After confirming his identity, I finally knew that the previous invitation was real. No wonder that leader-like person had to listen to him."

"Here is a photo of the leader who was going to reject us that day. He really is a leader. He is the general manager and executive director of Hong Kong Electric Group. We are so lucky. We didn't expect to meet the two most powerful bosses of Hong Kong Electric Group on a boat." The female classmate next to her continued.

"Lizhen, you may become a celebrity, so if you become rich and powerful, please don't forget me!"

"Don't worry, we are best friends. Even if I become famous, I will never forget you!"

...Deep Water Bay Villa District, Li Family Villa.

Li Jiacheng got up early in the morning. Today is Saturday. There are no major matters to deal with in Cheung Kong Group, and the time has not yet come for him to take over Hutchison Whampoa. Therefore, it is a rare opportunity for him to stay at home with his wife and children today.

"The Hong Kong Land Group will cooperate with the Hong Kong Electric Company Limited to develop the former site of the Electric Road Power Station in North Point by raising funds through the issuance of additional shares?" Li Jiacheng couldn't help but frowned when he saw the news.

He had contacted Mr. Chen Shoulin, the former chairman of Hong Kong Electric Group, many times before, hoping that Cheung Kong Holdings could cooperate with Hong Kong Electric Group to develop the land.

Because he knew that once Cheung Kong Holdings successfully cooperated with Hong Kong Electric Group to develop this piece of land, Cheung Kong Holdings would be able to make at least hundreds of millions of Hong Kong dollars from this piece of land. And this is even the lowest number. With the current growth rate of the real estate industry in Hong Kong, it is possible to make more than ten billion Hong Kong dollars after the development!

Originally, after Lin Haoran took over the Hong Kong Electric Group, he planned to find a time to meet with Lin Haoran to discuss this cooperation.

What was unexpected was that less than two weeks after the change of chairman of the Hong Kong Electric Group, the land was immediately snatched away by other companies, which was the Hong Kong Land Group.

In other words, Cheung Kong Group will no longer be able to acquire the North Point project.

"Why did Lin Haoran want to cooperate with the Hong Kong Land Group in this way? Normally, cooperation would be in the form of capital injection, but he actually wanted to take over the shares of the Hong Kong Land Group. Does he want to acquire the Hong Kong Land Group?"

Such a bold idea came into Li Jiacheng's mind.

Then he shook his head to deny this possibility.

It was beyond his expectation that Lin Haoran could acquire the Hong Kong Electric Group.

Moreover, many people speculated that Lin Haoran must have owed a lot of debts after acquiring the Hong Kong Electric Group, otherwise how could he have taken over the controlling stake in the Hong Kong Electric Group so quickly?
Not to mention, even the famous shipping magnate Bao Yugang owed huge debts in order to acquire Hutchison Whampoa.

Li Ka-shing, who acquired Hutchison Whampoa, also owed money to Bank of East Asia. The deal he reached with Bank of East Asia was just to pay a 20% down payment, and the remaining amount could be deferred for two years. It can be said that Bank of East Asia really handed Hutchison Whampoa directly to Li Ka-shing.

It is no wonder that Hutchison Whampoa boss William Wells criticized the Bank of East Asia for this behavior: "Li Ka-shing's move is equivalent to using $2400 million as a deposit to buy Hutchison Whampoa, which is worth more than $ billion."

How could Lin Haoran rely on his own funds to first take over Qingzhou Cement Company and then take over Hong Kong Electric Group in a short period of time?
Therefore, as soon as this idea came up, it was directly rejected by Li Jiacheng.

"Then again, do I have a chance to acquire the Hong Kong Land Group?" This idea became stronger when he thought of the large number of commercial properties in Hong Kong's core areas such as Central, Wan Chai, Causeway Bay and Tsim Sha Tsui that the Hong Kong Land Group owns.

"Jardine Matheson only holds about 20% of the shares of Hong Kong Land Group. Perhaps after we successfully take over Hutchison Whampoa, we can try to acquire it! No, I have to immediately investigate the most detailed information of Hong Kong Land Group. Although I cannot make a move now, I have to plan ahead and prepare for the future!"

Thinking of this, Li Jiacheng began to call his subordinates and asked them to investigate information about the Jardine Matheson Group for him.

Starting from 1978, first Lin Haoran suddenly acquired the British listed company Qingzhou Cement Company, then Bao Yugang successfully acquired Hutchison Whampoa, and then Lin Haoran successfully acquired the Hong Kong Electric Group. Although Li Ka-shing could not escape from Hutchison Whampoa, at least he has not yet achieved real control.

Therefore, he actually cannot spare too much funds to deploy other plans now. Most of the funds are secretly continuing to absorb Hutchison Whampoa's shares. His goal is to control at least more than 40% of Hutchison Whampoa's shares, so that he can openly oust Weed, the boss of Hutchison Whampoa, and that is the time for him, Li Ka-shing, to truly take control of Hutchison Whampoa!
Judging from the situation in recent years, Chinese financial groups have begun to regard British companies as tempting pieces of cake, and many people want to get a hand.

Li Jiacheng's ambitions are naturally bigger. He regretted losing the small goal of Qingzhou Cement Company at the beginning, but now that he has obtained the big cake of Hutchison Whampoa from Huifeng Bank, he is quite satisfied.

But can Hutchison alone satisfy him?
Of course not.

At this moment, he set his sights on the Jardine Matheson Group.

After giving instructions to his men and hanging up the phone, Li Jiacheng turned his attention back to the newspaper.

He felt more and more incredible about this young man Lin Haoran.

He and Lin Haoran first met in 1978, and it has only been two years since then.

At that time, he just wanted to acquire Qingzhou Yingni Company, but within a few days, he was stopped by Bao Yugang because of the young man Lin Haoran.

In the end, he made a little money from Lin Haoran and was forced to give up the acquisition of Qingzhou Yingni Company.

After that, although there was no more cooperation between the two sides, Li Jiacheng always kept his eye on this young man.

Unexpectedly, the young man behind him surprised him even more.

First, he took over the Hong Kong Electric Group, a British giant that even he wanted, and now he is using the land of the Hong Kong Electric Group to become a shareholder and director of the Hong Kong Land Development.

"What exactly is his purpose?"

Li Jiacheng knew that Lin Haoran must be no simple young man, and his actions must have their purposes. However, after confirming that Lin Haoran should not have the ability to acquire the Jardine Matheson Group, Li Jiacheng really couldn't figure out what Lin Haoran's purpose was?

(End of this chapter)