Mixed in 1980

Chapter 255 Snake Swallows Elephant

Chapter 255 Snake Swallows Elephant

Free trade and fair competition are often just a joke.

When the big brother America wields the stick of sanctions and tariffs, who will talk to you about freedom and fairness? The British have done the same thing in Hong Kong.

The four major trading companies, Jardine Matheson, Hutchison Whampoa, Swire and Wheelock, were previously British-owned enterprises. Hong Kong's profitable industries, including finance, utilities, real estate, wholesale and retail, and hotel industries, were all controlled by these four major trading companies.

Why are Hong Kong's local tycoons afraid of the British? The reason is simple: the British control resources and power, and they formulate the laws and regulations governing the industry.

It's so easy to deal with you!
Take the import and export industry for example. Hong Kong has to "give priority to purchasing" British goods, and the price is not based on the market but has to be negotiated with Britain.

In such an environment, local wealthy people have to make money by relying on the British.

If you want to be tough, who will give you the confidence?

Because of this, when Chen Fan shouted "Even the Queen of England can't stop me, that's what I said", the media called him "the toughest man in Hong Kong".

Some people truly admire him, while others just want to watch the fun and want to see how he takes over Kwai Chung Port, or how he gets killed by the British.

But no one could have imagined that Chen Fan was so tough!
Even the British did not expect that Chen Fan's methods were so sharp and he could strangle the British at their weakest point. In the end, they had to surrender and bow to Chen Fan.

At present, the first thing to be solved is Kwai Chung Port!
This was the cause of the whole incident. Chen Fan said bluntly: "I want both Pier 4 and Pier 5. The development of Pier 6, 7, 8, and 9 will also be given to me."

The corner of Mr. Shen's mouth twitched slightly, and he opened his mouth like a lion!
It's like a war between two countries, the victorious side has the right to ask for a high price. Chen Fan originally only had his eyes on docks No. 4 and No. 6, but now he wants all six.

This was all expected.

If Chen Fan keeps asking for such a high price, it only means that he is not smart enough. How can someone who can make such a big thing not be smart enough?

The British capital came to cash out and leave, so there was nothing wrong with handing over Piers 4 and 5 to Chen Fan. As for Piers 6-9, they were just wasteland and there was no way the British capital would invest money to develop them.

Regarding Chen Fan’s first request, Mr. Shen said he would do his best to facilitate it.

Next is the telecommunications company. Most of the shares are held by Jardine Matheson & Co., and some of the other shareholders are also British companies, so it is not difficult to complete the acquisition.

Hong Kong Electric and CLP Power, both power companies are listed companies.

It is relatively easy to acquire HK Electric since it is mainly British-owned and can take over the majority of shares.

As for CLP, it has many shareholders, including US Capital, Squid Capital, British Capital, Hong Kong tycoons, and mainland official enterprises.

The British capital part can be handed over to Chen Fan!
Chen Fan had no objection to this. CLP was indeed stronger than HK Electric. In the future, many shareholders were mainland enterprises, and when all added together, they would be able to achieve controlling stake.

After talking about the power company, the next thing to talk about is the gas company. The major shareholder is Li Zhaoji, who has recently taken the opportunity to acquire a lot of scattered shares.

As an ally, Chen Fan has no reason to snatch!

But this does not mean that Chen Fan cannot buy shares in the gas company. British capital still holds some shares in the gas company, and HSBC also has some, and these are what Chen Fan wants.

As the only gas company in Hong Kong, with a monopoly business, it is extremely profitable!

Finally, it was Cathay Pacific Airways. Mr. Shen refused to give up any shares.

Cathay Pacific does not only do business in Hong Kong, it also controls a large number of high-value routes and is a goose that lays golden eggs. How could British capital possibly let go?

The reason why other companies gave in was, on the one hand, to withdraw funds for repatriation, and on the other hand it was also related to the British style: if you can't eat the cake, you have to destroy it.

Chen Fan didn't want Cathay Pacific either.

Knowing that the British would not let go, he proposed to acquire Cathay Pacific just to leave room for bargaining. Before, he let Yu Jing and Zhou Wenya acquire the stocks, but he did not touch Cathay Pacific.

After the deal was settled, Chen Fan took his leave.

This time we didn’t stay at the Peninsula Hotel, but went to a house in Deep Water Bay.

There are three luxury houses here in total. One is being rebuilt, one is used by myself, and the remaining one has been vacated and temporarily lent to negotiators from the mainland.

When Chen Fan came over, Sun Shaojie was packing his luggage.

The Foreign Trade Department gained a lot from this trip and opened up a new chapter in Hong Kong's import and export business.

Goods imported into Hong Kong will now have a "mainland first" priority instead of "Britain first", which will bring in a large amount of foreign exchange income every year.

Seeing Chen Fan coming in, Sun Shaojie stopped and threw a cigarette over to him: "You've made a fortune this time. With all those businesses, you'll be considered half the king of Hong Kong."

He is the largest land and real estate supplier in Hong Kong, and also controls electricity, telecommunications, ports and gas companies. It is not an exaggeration to say that he is half the king of Hong Kong.

Chen Fan lit up his cigarette and grinned, "You guys have made a lot of money. Winning some of Hong Kong's import and export quotas can solve a lot of foreign exchange problems."

“Foreign exchange, no matter how much you have, it’s never enough!”

Sun Shaojie lit up a cigarette and sighed, "To be honest, you have grown so big in such a short time, don't you have any financial pressure?"

If we take big steps, there will definitely be financial pressure.

He had previously instructed Yu Jing and Zhou Wenya to purchase stocks of his own company, and recently he had stepped up his efforts to buy stocks at the bottom. The investment company has already borrowed 1 million US dollars.

Chen Fan still has over 10 billion US dollars in his personal account, and by the end of the year, he will have to pay another 3 million US dollars for several investment projects in the mainland.

But that's not a big deal.

It is no exaggeration to say that Chen Fan has the least debt among the wealthy circle in Hong Kong. He owns all high-quality enterprises and can borrow from the bank at any time if he needs funds.

Just like this acquisition, I didn’t plan to spend a penny!

HSBC will first advance the funds for the acquisition, and then the company can be mortgaged to HSBC after the acquisition. HSBC will not lose money either, as the handling fee and interest are a large sum of money. The entire acquisition case is worth more than 10 billion Hong Kong dollars!
"After the New Year, we have to invest in the port. You can't run away with this money."

This investment was agreed upon during the last bridge game, and Chen Fan had not forgotten it: "So you are thinking about this money and are worried that I don't have enough money?"

"For a project as large as the port, it may take more than a year from investigation to project approval and construction. The construction period is long and it does not need to be completed in one step."

Hearing this, Sun Shaojie couldn't help but smile bitterly. This grandson was really confident. He didn't know who gave him the confidence. Investing in a few ports was not a small amount of money.

One port costs tens or hundreds of billions!

It’s not Hong Kong dollars, it’s yuan!
Of course, it is a joint venture development. Chen Fan cannot do it alone, and it is impossible for the mainland to completely hand over the port to an individual. There is no such way of playing.

Chen Fan dared to accept this investment because the cycle was long and there was enough time to raise funds.

After talking about investment for a while, Sun Shaojie changed the subject and talked about the Chinatown supermarket. It was only after coming to Hong Kong that he learned about Chen Fan's business.

There are 64 supermarkets in total, and the sales volume is not low!
Sun Shaojie wants to invite the person in charge of the Chinatown supermarket to inspect the mainland and transfer the purchasing channels to the mainland as much as possible. The price advantage of mainland products is still quite obvious.

Chen Fan naturally agreed. As long as the quality is up to standard, the mainland will definitely be given priority: "I'll talk to Jiang Dawei later. You know him too. Ask him to bring people back."

Speaking of Jiang Dawei, Sun Shaojie couldn't help but complain. He had poached a lot of talents for Chen Fan before, and he really thought he was running a foundation. He didn't expect that this grandson took the opportunity to poach people to Hong Kong.

Sun Shaojie put a lot of effort into recruiting people.

At that moment I thought, this grandson has brought back foreign exchange and is going to do charity, so I must help him get things done. I can't give him a bunch of ugly things, right?

As a result, this grandson did the charity as promised, but his purpose was not pure. It was obvious that he did not have enough talent, so he targeted the talented people in state-owned enterprises and came up with this dirty trick.

I became a headhunter inexplicably, but the key point is that I didn't make a penny from the headhunting fee.

Looking back, I have to get my money back!
With strange thoughts in mind, Sun Shaojie set off back to Beijing. Seeing that his young wife's belly was slightly bulging, he couldn't help but grin.

"It would be nice to have a son!"

Yan Danqing glared at her husband and snorted, "Why, you're not happy about having a daughter?"

Sun Shaojie said with a sullen smile, "How is that possible? I was thinking that Chen Fan has three wives, so he must have a daughter. If we give birth to a son, we can marry his daughter home in the future."

"Did he provoke you again?"

Yan Danqing didn't know whether to laugh or cry. Both brothers were not good people. They would fight with each other from time to time and try to trick each other in various ways.

"That's not true!"

Sun Shaojie embraced his wife and said with a chuckle, "Don't you think this is a good thing? Let our son flirt with the Chen family's daughter in the future. Chen Fan will be so worried."

Yan Danqing teased, "What if we have a daughter? And she marries into the Chen family?"

Sun Shaojie glared: "How is that possible? Why would my own daughter marry him to her son?"

Isn’t the one from the Chen family your biological daughter?
Yan Danqing couldn't help laughing. Her husband was suffering from delusion. Why would the daughter of the Chen family marry your son?
She had heard Xu Jinqiu say many times that Chen Fan was the best at spoiling girls. He loved all of them to his core, whether it was his cousin Guan Xiaoyu, his biological sister Chen Yi, or his niece Zhang Xiaoxi.

How can you be bad to your own daughter?

If his son dared to approach him, he would probably be kicked away by Chen Fan.

Sun Shaojie didn't care. He put his hand on his wife's slightly bulging belly and said, "Son, you have to work hard to make your father proud by marrying a girl from the Chen family."

"It would be best if I could piss your father-in-law off to death!"

Yan Danqing slapped her husband away. What the hell, you two brothers are fighting, and you want to involve the child in it: "Get away!"

Sun Shaojie was upset because he couldn't afford to offend his pregnant wife.

But he was determined to do this!
This side of Hong Kong!

HSBC acted very quickly. Just two days after Sun Shaojie returned, the negotiations on Kwai Chung Port were concluded and Piers No. 4 and 5 were sold to Chen Fan.

Special approval for 25 years of operating rights!

The price is not expensive, 2000 million US dollars for one dock, a total of 4000 million US dollars, which is 200 million US dollars cheaper than the price that Li Chaoren got in his previous life.

As for Piers 6-9, it is a vacant lot and does not require any money. Chen Fan is responsible for its construction and also obtains the 25-year operating rights.

This is the part that really costs money!

Building a dock would cost at least hundreds of millions of Hong Kong dollars, or even 10 billion Hong Kong dollars.

Chen Fan proposed an additional condition that the operating rights of Piers 6-9 would be calculated from the date of completion.

After the contract was signed, the Hong Kong media was in an uproar.

"The toughest man took over Kwai Chung Port, even the Queen of England couldn't stop him"

"Can Chen Fan take over gas, electricity, and telecommunications in one go and snipe the British?"

"Hong Kong's Great Change: The Snake Swallows the Elephant"

……

But Chen Fan's mind was not on Kwai Chung Port at all. The negotiations with other companies were even more tense and difficult than those with the port.

PS: The first update is here~
(End of this chapter)

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