Hong Kong variety show: I can boost loyalty, the most generous boss.

Chapter 194, Section 193: Chinese Don't Fight Chinese, Acquire Hong Kong Telecom!
The following day, Hengzhao Company hurriedly raised HK$10 billion and invested it all in the stock market to repurchase shares of Hong Kong and China Gas, and the battle between the two sides reached a fever pitch.

Hong Kong and China Gas shares also rose to HK$14 per share, causing the Hang Seng Index to rise by several dozen points. This sparked a frenzy among retail investors in Hong Kong, with many making a lot of money thanks to Hong Kong and China Gas.

The next morning after the market closed, Manager Qian came to tell Li Zhaoji about the current shareholding situation of Hengzhao Company.

"Boss, we currently hold 30% of the company's shares, but there are very few shares left on the secondary market."

Hong Kong and China Gas's total market capitalization exceeded 10 billion, making it one of the top ten listed companies in Hong Kong. This left Li Zhaoji both amused and exasperated, as the market capitalization of Hong Kong and China Gas had risen so high that his own net worth had also increased accordingly.

"I understand! Continue to find minority shareholders to acquire shares, and we must ensure that the shareholding ratio is more than 35%."

A shareholder must hold more than 35% of the shares to have veto power, which is an atomic bomb-level power in the board of directors.

Their opponent is the Giant Empire Group, which probably has the most cash in Hong Kong. They have unlimited funds, so it will be very difficult for Hengzhao Company to win.

Li Zhaoji was not idle either; he called his old friend He Xin, intending to ask someone to intercede on his behalf.

After making several phone calls, some wealthy people finally agreed to help and called Yang Jun as intermediaries.

Li Zhaoji also personally called Yang Jun and said with a smile:

"Mr. Yang, I've long admired your name!"

"I've always heard that Hong Kong has produced a business genius, but I've never had the chance to meet him!"

Although Li Zhaoji and Yang Jun are both super-rich in Hong Kong, they have never met because they are in different circles, which is quite amazing.

"Haha, Uncle, you flatter me!"

"I wonder what brings you here, Fourth Uncle?"

Yang Jun asked the question knowing the answer already, leaving Li Zhaoji speechless.

Li Zhaoji chuckled, then decided to be direct, and said something.

"Mr. Yang, let's not beat around the bush. China Gas is my business. Why don't we sit down and have a good chat?"

“Great! Mr. Li is very popular; many of my friends have already called me.”

Yang Jun received many phone calls that morning pleading on behalf of Li Zhaoji. Li Zhaoji was a righteous person and had accumulated a lot of connections in the business world.

Old Master Huo Yingdong also called. We may not give face to others, but we must give face to Old Master Huo.

“Okay, I’ll treat you to tea at the Mandarin Oriental Hotel tonight.”

Li Zhaoji's face lit up with joy; as long as there was room for discussion, it meant the matter could be resolved.

In addition to Li Zhaoji, Huo Yingdong also attended the dinner party that evening.

Before Li Zhaoji arrived, Yang Jun and Huo Yingdong discussed the Hong Kong film industry.

"Ah Jun, I heard you poached members of the Hung family to help you. Your film company can be called the number one film company in Hong Kong."

Huo Yingdong admired Yang Jun greatly. Not only was Yang Jun so successful in business, but he had also made a name for himself in the film industry, dominating public opinion in Hong Kong and becoming a target for various parties to court.

"No, it's not that we're number one. Hong Kong also has Golden Harvest Films and New City Films. I heard that Silver Metropolo Film Studio has recently emerged. They have a very powerful background!"

Sil-Metropole Films was formed by the merger of film production studios such as Great Wall and Phoenix Films. It has distribution channels in Hong Kong and mainland China, and is the only distribution channel for films in mainland China.

Huo Yingdong smiled and said to Yang Jun:
"Silver Metropolis Films has a special relationship with Director Bai. Just contact Director Bai, and there won't be any problems with distribution in mainland China!"

Yang Jun's eyes lit up. Was Yindu related to Director Bai?

That makes things much easier. We can bring the movies to the mainland as soon as possible. Although the mainland film market hasn't taken off yet, it has a huge population!

The fact that "Shaolin Temple" could gross 1.6 million yuan with a movie ticket costing only one cent per person is truly astonishing.

The mainland film market has great potential and urgently needs Yang Jun to develop it. This matter needs to be carefully planned.

"Alright, let's talk to Director Bai then. It shouldn't be a big problem!"

Yang Jun is patriotic and open to discussion; he's a definite leftist.

Huo Yingdong took a sip of tea, then suddenly made a suggestion and asked Yang Jun:
"Ah Jun, do you know how to play football? Why don't you come and play a game with the Xiangjiang Football Team this weekend?"

Hong Kong football team? Yang Jun quickly waved his hand and said with a smile:

"The Hong Kong football team? That's a professional team. My skill level is just not good enough for them."

Yang Jun definitely knows how to play football. Most of the delinquents in Hong Kong can kick a ball around, because there are many football fields in Hong Kong, and many delinquent teenagers grew up on football fields.

The football atmosphere in Hong Kong is much stronger than in mainland China, and it even has its own professional league.

"Mr. Huo, your real intention in having me play football is probably just to invest in the football team, isn't it?"

Yang Jun chuckled. Huo Yingdong was the financial backer of the Hong Kong Football Club and also the president of the Hong Kong Football Association, who had been dedicated to promoting sports in Hong Kong.

Later, seeing that mainland sports were being rejected by international sports organizations, he called on the international community to accept mainland sports.

It can be said that after withdrawing from the business world, the Fok Ying-tung family has been advocating for the mainland in the sports world and enjoys extremely high honors there.

Huo Yingdong laughed heartily, patted Yang Jun on the shoulder, and said:

"You can see right through anything!"

"Don't worry, I'll go check it out this weekend."

Yang Jun is not opposed to investing in football teams; he might even buy one for fun, since it's not very expensive anyway.

Soon, Li Zhaoji arrived at the private room, and Huo Yingdong immediately began to avoid him.

"You two talk, I won't get involved!"

Huo Yingdong voluntarily gave up his space and went to watch the football match from a nearby VIP box.

Yang Jun also met Li Zhaoji, a wealthy businessman in Hong Kong, for the first time. He had thick eyebrows, big eyes, and a slicked-back hairstyle. He looked energetic despite being over 60 years old.

"Mr. Yang, you look even younger than you do in the newspapers! You're truly a promising young man!"

Li Zhaoji originally thought that Yang Jun was at least in his early 30s, but he didn't expect that Yang Jun was only in his early 20s, even younger than his own son.

He gave a bitter smile, never expecting that such a young man would drive him to such a sorry state.

"Thank you for the compliment, Mr. Li! I still have a lot to learn from you seniors!"

Yang Jun was not flattered by a few words of praise; on the contrary, he remained very composed, without the arrogance often associated with young people who achieve early success.

The more Li Zhaoji observed, the more he felt that Yang Jun was extraordinary and different from ordinary young people!
After exchanging a few pleasantries, Li Zhaoji finally lost his temper and spoke first to Yang Jun:
"Mr. Yang, could you please be lenient? China Gas is of vital importance to us. I hope you will stop the acquisition!"

"Chinese people don't fight Chinese people; we all point our guns at other people!"

“We should unite and make money from foreigners!” Li Zhaoji had long understood Yang Jun’s character; he was a nationalist who was close to the mainland, so he catered to his interests.

"Haha! Mr. Li is right. But I have 2 million shares of Hong Kong and China Gas, all bought with real money. I can't afford to lose money, can I?"

Yang Jun shrugged and said casually.

It's impossible to lose money; it's just a matter of how much profit you make.

Without Li Zhaoji bleeding money, he can forget about getting his shares back. This is the cruelty of the capital market; if you get targeted, you can only accept your bad luck.

Upon hearing this, Li Zhaoji's lips twitched, but he quickly recovered and said with a smile:

"How about this, I'll acquire it at a price 10% higher than the market price. What do you think, Mr. Yang?"

Li Zhaoji's heart was bleeding, but his face was still all smiles. The current price of China Gas was 15 yuan, and a 10% premium would make it 16.5 yuan per share for acquisition.

Li Jiajie, who was standing to the side, changed his expression drastically and quickly interjected:
"Dad, we're losing out big time like this!"

"Shut up! You have no right to interrupt when our elders are speaking. Get out!"

Li Zhaoji's face darkened, and he scolded Li Jiajie.

Li Jiajie was speechless. Am I a junior? Yang Jun seems to be younger than me, right?

In Hong Kong's business community, only strength matters, not age. Yang Jun's strength in Hong Kong has long been recognized by the older generation of super-rich.

Li Jiajie had no choice but to leave the private room, leaving only Yang Jun and Li Zhaoji.

Yang Jun smiled, nodded in satisfaction, and said with a smile:

"I will personally retain only 5% of Hong Kong and China Gas, and sell all the other shares to you. It's a pleasure to cooperate!"

Yang Jun's real purpose was not Hong Kong and China Gas, but he was optimistic about the future of Hong Kong and China Gas. Keeping 5% of the shares would be enough for him to become a director and receive dividends every year, which would be good.

He invested a total of 16 billion in this acquisition of Hong Kong and China Gas, earned a profit of about 10 billion, and also acquired a 5% stake in Hong Kong and China Gas.

Li Zhaoji breathed a sigh of relief; the crisis was finally over, but he had lost nearly 10 billion yuan in cash, which was a major blow to his health!

Fortunately, Li Zhaoji acquired approximately 45% of the shares of Hong Kong and China Gas, which was a stroke of luck amidst misfortune!

"Happy cooperation!"

The two then chatted for a while, and Li Zhaoji said he was willing to join the Chinese Association and asked Yang Jun to be his introducer.

Yang Jun certainly welcomed it; the stronger the Chinese Association became, the greater Yang Jun's influence would be as its president.

The two sides shook hands and made peace. The following day, Giant Empire Group held a press conference to announce that it would stop acquiring Hong Kong and China Gas. However, Yang Jun joined the board of directors of Hong Kong and China Gas as an independent director.

CK Hutchison Holdings Limited.

Li Ka-shing also saw the news and, with a penchant for stirring up trouble, jokingly remarked to his second son:

"What a pity! We missed a fierce battle; Li Zhaoji actually chickened out!"

Li Ka-shing had also heard that Li Zhaoji, his old rival, had suffered heavy losses this time, which was how he managed to save Hong Kong and China Gas.

Normally, Li Ka-shing's company and Li Zhaoji often had business conflicts, and in the 70s they had a very unpleasant dispute over the development rights of the subway.

"Dad, I want to invest in Hong Kong Telecom and buy Hong Kong Telecom stock."

Li Ka-shing's second son, Li Ze, showed exceptional business acumen from a young age, and Li Ka-shing entrusted the business of Canada to Li Ze.

Li Ka-shing is a traditional man at heart, values ​​family education, and approves of the primogeniture system, gradually handing over the family business to his eldest son, Li Ju, to manage.

However, Li Ka-shing also plans to give his second son a portion of cash to start his own business, which is somewhat like letting him run his own business.

Subsequent events proved that Li Ka-shing's strategy of dividing his family assets was very successful, avoiding a power struggle within the family.

"Oh, you're interested in Hong Kong Telecom?"

Li Ka-shing still approves of his second son's foresight, believing that Hong Kong Telecom will become increasingly valuable as times change.

Yang Jun's previous acquisition of the telephone company was a case of great minds thinking alike.

"Aze, Hong Kong Telecom is a treasure to the British, and they would never let us Chinese acquire it, at least not before 97!"

Telecommunications is a vital industry, used by every Hong Kong resident, and involves information security. The Americans certainly won't let it go, making it extremely difficult to take over Hong Kong's telecommunications business.

But no sooner had he finished speaking than his eldest son, Li Ju, ran in with a newspaper and said to Li Jiacheng:
"Dad, take a look. Giant Empire Group has announced that it owns 51% of Hong Kong Telecom, officially acquiring Hong Kong Telecom, which has now become a holding subsidiary of Giant Group."

What? Li Ka-shing got slapped in the face. He had just said that Hong Kong Telecom could not be acquired by Chinese people, and reality gave him a hard slap in the face.

Li Ze's expression was priceless; even his superhuman father could make a mistake.

After reading the newspaper, Li Jiacheng sighed, shook his head, and said:

"We're getting old. The future belongs to you young people, Aju and Aze. Spend more time with Mr. Yang!"

Li Ka-shing has been working tirelessly for the past year to surpass Yang Jun and become the richest Chinese person.

As a result, after working hard for half a year, his net worth increased by more than 10 billion yuan, and the gap between him and Yang Jun was narrowing.

Yang Jun's sudden acquisition of Hong Kong Telecom boosted his net worth by HK$40.50 billion, once again leaving others far behind.
Giant Empire Group spent over HK$30 billion to acquire Hong Kong Telecom, officially monopolizing Hong Kong's telecommunications industry and causing a huge uproar in Hong Kong.

Unbeknownst to many, the Giant Empire Group had expanded into more than a dozen industries in Hong Kong, including entertainment, finance, real estate, power and energy, mining, electronics manufacturing, and telecommunications, covering all aspects of Hong Kong people's lives, and a huge conglomerate was slowly rising.

Hong Kong Economic Journal: "Giant Empire Group was a business giant in the 80s with a total market value of over HK$1000 billion. How is a chaebol made?"

Ta Kung Pao: "The four old families are a thing of the past. New business tycoons are rising, and the Yang family has become a new financial powerhouse!"

Sing Hong Kong Daily: "Among the new four major families, the Yang family ranks first, with Yang Jun once again retaining the title of the richest Chinese with US$90 billion."

Giant Empire Group.

Jimmy took out a newspaper and said with a smile:

"Boss, congratulations on your successful acquisition of Hong Kong Telecom! Your net worth has skyrocketed!"

Yang Jun snapped his fingers and had Ahua open a bottle of 82 Lafite to celebrate!
“From now on, our group will have five major branches, with Liu Fuhua in charge of Hong Kong Telecom.”

Liu Fuhua is a middle-aged man in his early forties. He was previously the general manager of a telephone company and was suddenly promoted to president of Hong Kong Telecom. This is a promotion.

Yang Jun has already given the order to merge the telephone company with Hong Kong Telecom to form a new Hong Kong Telecom Group.

Liu Fuhua's appointment as president of Hong Kong Telecom Group signifies his entry into the core management team of Yang Jun.

Thank you, Mr. Yang!

Liu Fuhua was very excited and thanked Yang Jun respectfully!
It's an honor to be able to work under Mr. Yang and rise to such heights!
(End of this chapter)