Hong Kong 1980: The Savage Era

Chapter 447 449 [This is Trouble]

"If Director Qi thinks it's a threat, then it is a threat. I just told you the established plan of the Sea-Land Intermodal Container Terminal Company." Luo Qihong smiled and said, "Director Qi is very close to the Hong Kong International Container Terminal Company, right? Does he represent the intention of the Swire Group?"

That’s right, Director Qi is one of the directors of the Swire Group stationed at Modern Terminals, representing the Swire Group.

"I am the representative director of the Swire Group, so of course I am expressing the opinion of the Swire Group." Director Qi refused to give up and beguiled him, "Even if the Sea-Land Container Terminals Company is willing to pay a high price, the Hong Kong government may not fail to consider the influence of Modern Terminals and Hong Kong International Container Terminals. What business needs is profit, not threats."

Luo Qihong didn't expect Swire Group to be so tough. He turned to look at Wu Guangzheng, "What does Mr. Wu mean? Is it the same as Swire Group?"

Wu Guangzheng said, "Mr. Luo, there is no point in talking any more. Why don't we just vote directly?"

"Okay, vote according to the shareholdings held." Luo Qihong stared at Director Qi with a cold face.

Having been humiliated like this, he naturally wanted to get back at them.

The reason why Swire Group is so tough is simply because it feels that its main business is in aviation and Luo Qihong cannot interfere.

In the end, Luo Qihong, Wu Guangzheng and China Merchants Group all voted in favor, and only HSBC and Swire Group voted against. In this situation, Luo Qihong of course won.

"Now that the cooperation agenda has been passed, we can discuss how to distribute berths and other benefits," said Wu Guangzheng.

Luo Qihong is the boss of the sea-land intermodal container terminal company, and he is in a position to convey and even decide the profit distribution plan.

"There are four berths at Kwai Chung Pier No. 8, about two for each family," said Luo Qihong.

Wu Guangzheng looked around and asked, "What do you think? I think the plan of dividing it equally is a good one."

Wu Guangzheng has managed Modern Terminals for several years and has some prestige in the board of directors.

Seeing that the cooperation intention has been settled, the Swire Group does not want to continue to play tricks. Once it really falls out with Luo Qihong, it will not gain any benefits but will get into trouble instead.

So Director Qi and others voted in favor in an attempt to ease the relationship.

Luo Qihong showed a look of delight. He had once again intercepted Li Chaoren's big project. If he took away the projects of Pier 9 and Tuen Mun Inland Terminal in the future, Li Chaoren would completely lose 2% to 3% of his strength.

He had to defeat Li Jiacheng in the early to mid-90s. After 97, he had to start to calm down and let Li Jiacheng emerge.

Hop Siang Trading Company Office

Luo Qihong's face was so gloomy that it seemed like water could drip from it. The two vice presidents just sat there in a daze, not daring to speak a word.

He had long ago asked Hexiang Trading Company to pay attention to the situation of Hengchangxing Enterprise, and to contact the He family immediately if He Shanheng intended to sell his shares. Unfortunately, he missed the opportunity and let others take it away.

As a figure of the older generation, Ho Sin Hang valued the friendship of old friends, so he took good care of his old friend Lin Bingyan's son Lin Xiufeng and others. Even though Lin Xiufeng was involved in the big case of Chen Songqing's Jianing Group and was prosecuted by the Hong Kong government, and his glory among the old families in Hong Kong was gone, Ho Sin Hang still did not give up, and even said to the public, "As long as I live, I will not let Bing's descendants fall into trouble."

In order to give the Lin family a chance to turn things around, He Shanheng adopted Lin Xiufeng as his adopted son and allowed the Lin family to use his prestige to do business.

Therefore, the news that Ho Sin Hang was interested in selling shares in Heng Chang Hong Enterprise was first known to his adopted son Lin Xiufeng, and Lin Xiufeng had already contacted Cheng Yutong and Xu Zhantang to prepare to jointly divide up Heng Chang Hong Enterprise.

Considering He Shanheng's loyal character, Luo Qihong knew that he had no chance of intervening. Firstly, he would not get the shares, and secondly, he would offend people.

"Boss, we still have a chance. As far as I know, Ho Sin Hang and others are unwilling to split up Hengchang Bank, so they chose to sell it. Baishunning Group, Chow Tai Fook, and Beihai Industrial are all powerful and it is impossible for them to run a company at the same time. I think they will split it up, which will violate Ho Sin Hang's taboo." Li Gukun said. "Then how do you think they will split up Hengchang Bank?" Luo Qihong thought carefully and said.

"I think Chow Tai Fook is eyeing the real estate properties of Hang Cheong Bank because the Cheng Yu-tung family has no experience in running department stores, but has a special liking for real estate properties."

"Xu Zhantang has many businesses, including the China Paint Factory, real estate, hotels, jewelry, and Citybus. He is also a famous antique collector. I heard that he once expressed his desire to enter the department store trading industry. I think the grain and oil agency rights under Hengchang Bank will belong to Xu Zhantang."

"The Lin family has always coveted Hengchang Bank's car agency sales. The agency rights of the eight car brands should all fall into the hands of the Lin family."

Li Gukun analyzed it seriously. This was the conclusion he came to after studying it for a day and a night.

"The boss is concerned about Mr. Cheng Yu-tung?" Qian Yu asked.

In Hong Kong, everyone knows that the boss has a close relationship with Cheng Yu-tung and his son, so it is really unacceptable for him to intervene and take away the industry.

Besides, Hexiang Trading Company is already one of the four largest trading companies in Hong Kong, with a lot of real estate properties, trading businesses and automobile dealerships.

It is just a little different from Hengchang Bank in terms of trade. Hexiang Trading Company's trading business is concentrated in ready-made clothes, toys, kitchen utensils, etc., while Hengchang Bank controls Hong Kong's grain, oil, seafood, dried and fresh products, etc.

If Hexiang Trading Company can take over Hengchang Bank, it will not only complement each other but also strengthen other industries.

The most profitable business is monopoly, not a certain industry.

"Let's wait for the right opportunity. You can spread this kind of news when necessary, but you have to keep it confidential. I don't want to be a bad guy." Luo Qihong said, with a warning tone in his voice.

The asset business of Hengchang Bank is so rich that its real estate properties alone are worth more than HK$50 billion, and there are also securities and cash worth more than tens of billions.

Last year, Hang Seng Bank's turnover was close to HK$100 billion, with a net profit of more than HK$9 million. In terms of profit, if Hang Seng Bank were listed, it would rank as high as 33th among the 20 Hang Seng Index constituents.

Although its ranking is lower than Hutchison Whampoa, Cheung Kong Holdings, Siu On Properties, and Jardine Matheson, it is higher than major companies such as Hang Lung and Hopewell, which shows the quality of Hang Lung Bank.

In the private room of Dehe Plaza Hotel.

Luo Zegui, Lin Ya, Luo Qihong, Bai Jinyan and Luo Qixing's mistress Tan Yanli were all sitting on the sofa, and the atmosphere was naturally not good.

Tan Yanli is very beautiful, with an oval face. She has the temperament of a little greenhouse flower, which makes her lovable.

No wonder Luo Qixing fell for this woman.

"How much money do you want?" Lin Ya asked bluntly.

"Aunt, Brother Xing and I love each other, and we already have a child. I don't want the child to be without a father." Tan Yanli said timidly.

"You know he already has a wife, and you interfere in other people's family. Can you set an example for your children?" Lin Ya was very angry and felt that this woman wanted a lot of money.

Greedy women are the most difficult to deal with. As a woman, Lin Ya certainly knows this truth very well.

"It's my fault. If I hadn't been pregnant, I wouldn't have caused Brother Xing to be separated from his wife and children." Tan Yanli suddenly burst into tears in a soft voice with raindrops on her face.

(End of this chapter)