Video Game Empire - Chapter 653
But even if the Hong Kong government has promulgated a new aviation law that is extremely beneficial to Cathay Pacific, Swire Group’s Swire still doesn’t have much sense of security. The establishment of Dragon Dragon itself means a change of wind direction.
They can now use the power of the British Hong Kong authorities to suppress Dragonair. But after 1997, this in turn may become their stain. Therefore, while trying to limit her competitors as much as possible, Shi Huai Ya also began to dilute her British-owned color.
Originally, Cathay Pacific was a purely British-owned company, with Swire Group controlling 70% of the shares and the remaining 30% in the hands of HSBC.
But shortly after Dragonair was established, Cathay Pacific submitted a listing application to the Hong Kong Stock Exchange. The real purpose of Cathay Pacific Airways, which has always been very profitable, is not to raise funds, but to turn itself into a public company listed on the Hong Kong stock market.
After the introduction of public shareholders in Hong Kong, Shi Huai Ya and Swire Group still felt unsafe, so they sold a 12.5% stake to CITIC Fortune.
At that time, the Civil Aviation Department of the British Hong Kong authorities refused to approve Dragonair’s route application under the pretext that Dragonair’s shareholders had Chinese capital costs. Now, it is Cathay Pacific’s turn to take the initiative to pull Chinese investment into the game, but the Hong Kong-British Civil Aviation Department does not see it.
You must know that the shareholders’ restructuring plan between the two competitors is diametrically opposed.
The Chinese-backed China-Xin Futai’s investment in Cathay Pacific is definitely a big bad news for Hong Kong Dragon. Before that, the shareholders of Dragon Dragon can still hope for a bright future after 1997.
However, after CITIC Futai entered the game, many people understood that even after 1997, Hong Kong Dragon may not be able to take advantage of Cathay Pacific, so some shareholders began to want to leave.
Although Dragonair was established by Cao Guangbiao, the largest shareholder became Bao Yugang after the last capital reorganization, and Bao was also the chairman of the company’s board of directors.
Although the appearance of the butterfly Li Xuan has changed the fate of many people and things, sometimes life, old age, illness and death cannot be changed.
As early as last year, Bao Yugang had been seriously ill, and Hong Kong Dragon had not improved, so he decided to get out of this quagmire.
After Shi Huaiya heard the news at that time, she immediately contacted the Bao family and wanted to acquire the shares of Ganglong from them. For Cathay Pacific, only by directly annexing Hong Kong Dragon, so that there is only one passenger airline in Hong Kong, can it be regarded as a real peace of mind!
But the deal was not reached in the end, because someone gave Bao Yugang a message, hoping that he could seek the opinion of China-China Civil Aviation in advance before selling the shares. So this matter is over.
Now, Bao Yugang knew that time was running out, and he had already started to divide up the family property and arrange the funeral in advance. Several sons-in-laws of the Bao family had no intention of getting involved in the aviation industry, so the sale of Dragonair shares was put on the table again.
This time, they seem to have found a suitable receiver – Zhongxin Futai. Naturally, it is impossible for CITIC Futai to operate Dragonair independently, so the Civil Aviation Department of the Hong Kong government is expected to jump out again.
However, in January of this year, Swire Pacific and HSBC both transferred part of Cathay Pacific’s shares to CITIC Futai, which has now overtaken HSBC and has been promoted to Cathay Pacific’s second largest shareholder after Swire Pacific.
Therefore, after CITIC Futai took over the shares of Dragonair from Baojia, it is likely to be transferred to Cathay Pacific. The intervention of CITIC Futai makes other potential investors, even if they are optimistic about Hong Kong Dragon, may not be willing to jump out of the competition.
In addition to Bao’s major shareholder, another important shareholder of Hong Kong Dragon, Cao Guangbiao, was the founder of Hong Kong Dragon, and he brought 30 well-known Chinese businessmen from Hong Kong and Macau to raise funds to set up Hong Kong and Macau Joint Stock Company. .
Therefore, the situation facing Cao Guangbiao now is that his two major allies may withdraw at the same time. Cathay Pacific may take this opportunity to complete the absolute control of Dragon Dragon through the hands of China-Xin Futai.
To say that the reason why Cao Guangbiao is facing this dilemma is that he wanted to speculate and play political cards from the very beginning. But he actually doesn’t understand politics at all. The North is constantly deepening reform and opening up and increasing efforts to attract foreign investment. How could Cathay Pacific be completely rejected just because it is British-owned? This is not a slap in the face!
Even if Li Xuan vigorously fools a Chinese tycoon like Li Ka-shing and joins forces to hunt for British capital, it will still have to show real benefits – such as Chunghwa Electric Power Company, in order to really attract people.
And even Li Xuan is not standing by and shouting for free. The shares he sold to Li Ka-shing are not sold at par, and it is very helpful to have a grace period.
In addition, his Ka Wah Bank, as the M&A consultant and credit provider for Li Ka-shing and Liu Ruanxiong, also made a lot of money. What’s more important is that Jiahua has also greatly deepened the relationship with Li Ka-shing through this cooperation, and has a good opportunity to pry this major customer from HSBC.
Therefore, it is said that the world is bustling for profit, and the world is bustling for profit! It’s useless to just shout slogans, and making friends depends on real interests!
I don’t know that Cao Guang didn’t understand this truth, but he was extremely dissatisfied with the result that Hong Kong Dragon would be annexed by Cathay Pacific, so he had to save himself!
There are very few people in Hong Kong who can not be frightened by the background of China-Xin Futai, and Li Xuan is one of them. Therefore, Cao Guangbiao sat in front of Li Xuan, and was instructed by a young man of the same generation as his grandson with a red face.
“Does Mr. Cao know that in addition to Cathay Pacific and Dragonair, there is actually an airline in Hong Kong!” Although Li Xuan bluntly said that Dragonair made its own positioning mistakes, he did not point out where the mistakes were.
“You mean Huamin Airlines?” Cao cursor said immediately.
“Yes, Huamin Airlines was established a year later than Dragonair, but it achieved profitability as early as 1987! To tell you the truth, the two investment funds under my name together account for 40% of the shares in Minhua Airlines. !” Li Xuan said with a smile.
Cao Guangbiao couldn’t help being surprised. He was no stranger to Huamin Airlines, and even analyzed the company in detail. I just didn’t expect this company to be a company directly invested by God of Fortune Li.
After the mystery was revealed~www.mtlnovel.com~ many things became clear. For example, Oriental Group itself is the largest customer of Huamin Airlines.
“It’s different from the aviation industry that you went to from the very beginning. I noticed Minhua in order to find a suitable custodian for the business jet fleet of the Oriental Group!” Li Xuan said lightly.
The subsidiaries of Orient Group are scattered all over the world. For example, the headquarters of Ikon is located in London, the headquarters of RCA is in New York, and the headquarters of CG is in San Francisco. Orient Semiconductor has just prepared to move its headquarters from San Francisco to Austin.
In order to better control the development direction of the entire Oriental Group, Li Xuan often needs to conduct in-depth communication with the senior management of various subsidiaries. The effect of using the phone and email is definitely not as good as face-to-face. In order to reduce the travel fatigue of senior executives flying more than half of the world to Hong Kong, Li Xuan has purchased four business jets of various types in addition to his Boeing 747, which is more luxurious than the US President’s car.
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