What do you mean by quitting the business? I'm not a big shot.

Chapter 591 The Executioner of the Foreign Firm

After handing over the task of "fighting the tiger" to Zuo Shou, Yin Zhaotang completely let go of the reins, as there was one more important thing that needed to be done immediately.

Acquire 0002 China Power!

By acquiring 0002, one can control the future energy supply of Hong Kong Island, thereby elevating one's status within the mainland, Taiwan, and Hong Kong.

It wields significant influence over people's livelihoods, politics, and commerce. Just like the former chairman of a foreign firm, the future "Li the Half-City".

Why did Li Jiacheng acquire the nickname "Half-City" after the 90s?

Because Cheung Kong Holdings is not only a real estate group, but also acquired HK Electric, took over Tsuen Wan Ferry Pier, operates Watsons chain stores, and runs hotels.
From birth to death, a Hong Kong resident may escape the law, but cannot escape Cheung Kong Holdings.

In the struggle between Chinese and British capital, they have essentially replaced foreign firms, becoming the "financial magnates" of Chinese capital.

Even if Yin Zhaotang disliked Lao Li's character, he had to give him a thumbs up and praise him for his business acumen.

Despite his terrible reputation in China, Lao Li has a group of loyal followers in the Asian financial market.

Wherever Old Li's money went, they followed.

In the stock market, Yin Zhaotang had targeted Liu Jianxiong, and in terms of business strategy, he also planned to learn from Lao Li.

Therefore, acquiring CLP is imperative. However, after a sharp drop in stock prices, CLP still has a market value of 3.5 billion. Acquiring 50% of it would cost at least 1.75 billion.

Shi Zhanpeng had witnessed the domineering power of the big boss in rescuing the market, but he was also astonished by the acquisition of 0002 and exclaimed, "Boss, there is only one way to acquire 0002."

"speak!"

Yin Zhaotang, dressed in a suit and tie, sat upright on the sofa.

Shi Zhanpeng dipped his finger in coffee and wrote two words on the glass tabletop: "Going public!"
"Which company?" Yin Zhaotang narrowed his eyes slightly.

Shi Zhanpeng immediately understood that he had grasped the big boss's thoughts. With renewed confidence, he straightened his back and said, "It has to be Pegasus sneakers."

Yin Zhaotang raised his eyebrows: "Oh? The group has so many businesses, such as magazines, ports, real estate, and electronics, why does it have to be Pegasus?"

Shi Zhanpeng snapped his fingers and bent down to explain: "The magazine market is already saturated. There are no prospects for the market, and we can't even raise money by listing."

"Boss, what you need isn't a few hundred or a few thousand, it's tens or hundreds of billions. Only Pegasus, electronics, and real estate are enough, but in the real estate sector, Zhongyi Group is operating, and the shareholding is mixed."

"The port is located overseas and is not popular with shareholders. The electronics industry has a good prospect, but it lacks technology patents and cannot see growth in the short term, so it is not the best time to go public."

"Other businesses either don't meet the listing standards or have low market value. Only Pegasus Sneakers has a great reputation and a long-standing presence in Hong Kong Island, supporting a large number of workers, and also has a vast market in mainland China. It is the most popular IPO among citizens. As long as it is successfully listed, it will definitely sell well and easily raise more than a billion dollars."

Yin Zhaotang nodded, agreeing with Shi Zhanpeng's idea, and said, "Then go ahead and do it. I hope to see Pegasus listed before the end of the year."

“I will give three-thousandths of my shares as bonuses to my colleagues at the exchange.”

Shi Zhanpeng looked excited and immediately assured him, "Don't worry, big boss!"

The Hong Kong government recently announced its intention to establish the Securities and Futures Commission (SFC) and to select its chairman from among Chinese officials. This can be seen as another measure to quell public anger following the Financial Secretary's imprisonment.

By relinquishing control of the financial market, they gave British trading companies a chance to breathe. Given Pegasus Sneakers' size, performance, and network, a listing within six months would be a piece of cake.

At that time, 0002 had just hit its lowest point. Using the raised funds to acquire 0002 would allow them to take over CEC. This had nothing to do with business operations; it was purely a capital operation. Therefore, Feima was a suitable listed company, while Zhonghe Electronics, with greater potential, should be kept under wraps to avoid being targeted.

As for Chung Yee Properties, it owns One Hong Lok Road and Exchange Square, and could easily raise billions of dollars through an IPO. However, the real estate projects were originally purchased with the Chung Yee Foundation, involving the entire triad. Leaving aside how the shares will be distributed after the IPO, the very decision of whether or not to go public will certainly cause a great deal of controversy within the triad.

Yin Zhaotang didn't want to hold anyone back. On the other hand, Pegasus Sneakers only had Fat Cat holding 30% of the shares, Guangzai holding 10%, and the remaining 60% of the shares were in his hands. The structure was clear, he had absolute control, and he was easy to talk to.

News of Pegasus's impending listing quickly spread throughout Hong Kong. As a leading company in the apparel industry, it was bound to attract attention. Moreover, the timing of the listing was opportune; the stock market crash had just passed, and a leading Chinese-owned enterprise was about to list, undoubtedly a sign of confidence in Hong Kong's capital market.

It's not listed on the US stock market, not on the UK stock market, and not on the mainland stock market; it's just in Hong Kong!

This will further boost investors' confidence in Chinese-funded enterprises.

Numerous private equity firms and exchanges specializing in primary market investments are closely watching Pegasus, ready to invest once the process is complete. However, in the eyes of HSBC Chairman Sir Michael Sandberg, Pegasus's listing is a nightmare. If Chung Kee Group were to successfully raise a large sum of money, the bank would certainly be in serious trouble.

Three years ago, the losses incurred by the Keswick family from the bargain hunting at Jardine Matheson and Exchange Square were substantial. Subsequent acquisitions by Chinese capital deeply alarmed HSBC.

As the financial backer of all British-owned businesses, HSBC shares the same fate as the other foreign firms, rising and falling together. Now that the stock prices of these firms have plummeted, the "executioner's" knife could fall at any moment.

In his hillside mansion, Sir Michael Sandberg, a foreigner, sat with a cigar in hand, his face grim, contemplating requesting a transfer back to headquarters. The governor couldn't escape, but the trading companies could.

Foreign chairman, foreign big bosses, you can run now!

After the failed shooting at the Cross-Harbour Tunnel, most of the business leaders lost faith in the Hong Kong government. Had it not been for the Governor's intervention and HSBC's insistence, more than half of them would have fled.

Within five years of their escape, British capital withdrew from Hong Kong Island on a large scale, causing fundamental damage to the island's economy.

Although it went against the family's economic strategy, the aristocratic lords of the foreign firm were able to protect the family.

When it comes to matters of national importance, the important figures should handle them, while the foreign firms should just focus on making money.

However, HSBC saw that Youde was capable, willing to sacrifice and wholeheartedly protect the foreign firm, so they decided to observe him further.

At this moment, Sir Michael Sandberg took off his glasses, lowered the documents, picked up a telephone, and intended to call Michael Kadoorie, the chairman of CLP Group.

Suddenly, a servant led the guest into the hall, bowed, and said, "Sir, a police officer is looking for you."

Sir Michael Sandberg frowned and looked up at the Chinese police officer: "Sir, what's the matter?"

According to the rules of his residence, the servants would never let a police officer into the mansion without prior notification. It was definitely the officer who forced his way in, but thinking about it carefully, the world is not peaceful, and we should give the police force more face.

The Chinese police officer, wearing the insignia of an inspector, raised his military cap, revealing a resolute and determined face.

Without a word, he drew his .38 rifle and emptied the magazine from Shen Bi's chest.

"Bang bang bang!"

Shen Bi's eyes widened instantly. He lay on the sofa in a pool of blood, his eyes still filled with shock, his suit soaked in blood.

Wang Zhijun casually pulled a tissue from the table, wiped the gun handle, and then tossed the weapon onto the sofa.

Then, he pulled out a Black Star pistol and shot the servant in the leg, leaving Victoria Peak without any hindrance.

(End of this chapter)