Hong Kong 1980: The Savage Era

Chapter 452 454 [A powerful dragon cannot defeat a local snake? ]

Wages and costs are low in the mainland, but most Japanese factories are still located in their own country, and product prices are still not as high as those in the mainland.

At this time, building factories in the mainland has become a trend in Hong Kong. Many factory owners have built factories in Shenzhen, Yangcheng and other regions, and then occupied the huge mainland market and carried out foreign trade exports.

This is also one of the reasons why Xiangjiang Industrial Building was forced to transform.

In the past two years, the Hong Kong government has allowed industrial buildings to be converted into commercial buildings that combine office and industrial buildings. As long as an application is made, it will generally be approved and rarely be stuck.

Li Jiacheng's plan is also very beneficial to Luo Qihong. After all, he also wants to start entering the manufacturing industry, and the mainland, which is about to become the world's manufacturing factory, is the best choice.

"Okay, since it's good for everyone, I can't refuse." Luo Qihong said to Li Jiacheng, "We can only take the lead in this matter. I will say hello to the people I know."

To put it bluntly, it is to use our influence in Hong Kong and Southeast Asia to make this happen.

"Haha, as long as Luo Sheng is willing to do it together, I believe it will become a trend." Li Jiacheng said with a smile.

"What about the second thing? How do you say it?" Luo Qihong asked seriously.

Li Jiacheng hesitated for a moment and said, "Dadong Telegraph Company plans to sell 15% of the shares of Hong Kong Telecom Company. I hope Luo Sheng can get it."

Luo Qihong was slightly surprised. Hong Kong Telecom Company was something that Li Jiacheng had been coveting. Why would he give it to him?

Li Jiacheng saw the worry in Luo Qihong's heart and explained, "Dadong Telegraph Company has no intention of selling Hong Kong Telecom. It just hopes to cash out some cash from it and invest in other projects."

"If I ask someone to come and buy those stocks, I'm afraid it will arouse the vigilance of Cable & Wireless. And the outside world knows that my relationship with Luo Sheng is not good, so Cable & Wireless will definitely agree if Luo Sheng comes forward to buy them."

"What are Mr. Li's conditions? Just tell me directly." Luo Qihong said.

"I hope Mr. Luo can support me in being elected as the chairman of the board of directors of Hong Kong Telecom. Of course, this will only happen after Cable & Wireless is willing to withdraw from Hong Kong Telecom." Li Jiacheng did not force it.

Luo Qihong understood what Li Jiacheng meant, which was 'Hong Kong Telecom is mine, so don't even think about it'. He only had the right to dividends, and the company would still belong to Li Jiacheng.

However, Hong Kong Telecom is a real cash cow and the return on investment is very generous.

"Okay! Then I want to thank Mr. Li for giving me such a big project." Luo Qihong laughed.

"You are too polite, Luo Sheng. This is something that will benefit everyone."

"cheers!"

"cheers!"

The two business deals negotiated with Li Jiacheng are both big deals, which will have a significant impact on the development of each other in the next 20 years, especially the second deal, which Luo Qihong cares about very much.

The next day, he personally went to the branch of Cable & Wireless in Hong Kong and directly mentioned the acquisition of 15% of the shares of Hong Kong Telecommunications Company.

Cable & Wireless was no ordinary company and stated that "the acquirer can only support Cable & Wireless' control of Hong Kong Telecommunications Company at the board meeting." At the same time, the selling price was relatively high.

Luo Qihong naturally would not agree so easily. He also put forward his own request. After the Cable & Wireless Bureau had no intention of controlling the Hong Kong Telecommunications Company, he would have independent voting rights and would not be affected by the Cable & Wireless Bureau.

The foreign leader immediately informed Luo Qihong of the conditions.

At this time, the market value of Hong Kong Telecom has exceeded HK$1000 billion, and 15% of the shares are worth HK$150 billion. If the foreigners want a 1% premium, it will cost HK$165 billion.

No wonder the foreigners agreed so quickly. First, there are only a handful of people who can afford this equity, and second, there are also few people who have a bad relationship with Li Jiacheng, Luo Qihong is one of them. The contract can restrict some behaviors of the acquirer, but the foreigners prefer an extra layer of protection, even if that thing is not very reliable, it is better than nothing.

a.

The Zhaoan Group and Cable & Wireless made the transaction public, causing huge waves in the seemingly calm Hong Kong.

You know, even the top 30 conglomerates in Hong Kong may not have a market value of HK$165 billion, let alone directly come up with HK$165 billion in cash.

"Tyrant Luo is worthy of being Tyrant Luo. His first move is a king bomb."

"There aren't many families with a Hong Kong company worth HK$165 billion. Luo Chaoren actually bought HK$165 billion worth of stocks. What a big deal."

Naturally, Hong Kong citizens talked a lot about this, and some even proposed the concept that "Hong Kong is the Luo family's city."

The proposal of this concept scared Luo Qihong so much that he quickly asked the public relations department to deal with the tabloid.

On the surface, the asset value of Luo Qihong's family does exceed that of Li Jiacheng's family. In fact, the two families are on par with each other and it is difficult to tell which one is better for the time being.

In order to reduce the impact of this news, Luo Qihong ordered Fujia News Company to report on the assets of the Li Jiacheng family, the Pao Yue-kong family, the Cheng Yu-tung family and the Guo Desheng family.

Simply reporting on the assets of the Li Jiacheng family is too abrupt, so the other three major families must be involved to share some of the influence.

"165 billion is too much money. Even if we pay it out over eight months, it will be hard for us to survive," Bai Jinyan complained.

The group has previously invested in port terminals and oil futures, and now it has to spend more than 1 billion, which is really astonishing. The total investment funds for these three phases are close to 200 billion Hong Kong dollars, which is higher than the market value of Zhaoan Real Estate Company.

"It's okay! I will transfer 30 billion Hong Kong dollars from Hexiang Trading Company to you to deal with the first installment of the payment." Luo Qihong said, "I predict that the Middle East war will start again soon. Once the guns are fired, gold will be worth a lot. Oil prices will definitely rise sharply, and the profits earned will just make up for the investment amount."

"So you've already thought about it." Bai Jinyan breathed a sigh of relief and said, "Then should we not take risks in the stock market? If something goes wrong, we'll be in trouble."

"Okay, if you really have no confidence, I'll find someone to take over these blue-chip stocks." Luo Qihong said helplessly.

Bai Jinyan was speechless and said, "That person can't be you, right?"

"Yeah, that's me. I can't just run away when I see an opportunity to make money." Luo Qihong laughed.

Seeing Luo Qihong's confidence, Bai Jinyan was reluctant to sell it again, and finally made a decision, "You will take over half of the company's blue-chip stocks, and keep the remaining half. I plan to invest the funds I get from you in oil futures and continue to make more money."

"Are there still oil futures now?" Luo Qihong knew that many businessmen were betting on rising oil prices, and it was difficult to buy futures now.

"Yes, but the quantity is not large. There is still a chance if you buy in slowly." Bai Jinyan nodded and replied.

"Well, how is Singapore's Yeo Hiap Seng, who you were asked to keep an eye on, doing?" Luo Qihong asked.

Bai Jinyan shook his head. "Although the Yang family is in some turmoil, it's not a big problem. We have become directors of the Yang Xiecheng Group, so it's still difficult to launch an acquisition."

"If we alert them, we won't have any chance in the future."

As a large enterprise in Singapore, Yeo Hiap Seng Group naturally has many people eyeing it, such as the Huang Tingfang family of the Sino Group and other large families in Southeast Asia. All of them are not easy to mess with, and their family assets are worth tens of billions.

Luo Qihong is a newcomer and can only be regarded as a strong dragon. How can he suppress the local snakes, and there are many local snakes at that.

(End of this chapter)