Video Game Empire - Chapter 667
Li Xuan had just returned to Hong Kong, and a lobbyist came to the door immediately, and this person was also an old acquaintance of Li Xuan, the HSBC Group Taipan Pu Weishi.
Before the emergence of the Oriental Group, HSBC Taipan has been dubbed by Hong Kong people as the “underground governor” of Hong Kong. The bank’s tentacles can be found in almost every corner of Hong Kong’s economy. At the beginning, the reason why Li Jiacheng was able to successfully acquire the old-fashioned firm Hutchison Whampoa was also because HSBC agreed to transfer the 90 million shares of Hutchison Whampoa it held to him.
And now HSBC also holds about 10% of Cathay Pacific, the third largest shareholder after Swire Pacific and CITIC Pacific. Therefore, after Li, the God of Fortune, suddenly entered the aviation industry with great fanfare, Pu Weishi had to stand up and be a peacemaker, lest Cathay Pacific and Hong Kong Dragon fight together and damage the interests of HSBC.
“Mr. Pu Weishi, has HSBC considered selling the shares of Cathay Pacific in your hands? I am willing to pay a high price to buy it!” Li Xuan invited Pu Weishi to taste tea in the living room. The gift given to him by the leader of the central government is this year’s top-quality Mingqian Longjing.
“Li Sheng, you are anti-customer-oriented. If you join the Cathay Pacific board of directors, then the Swire Group and the Shi Huai Ya family really have no way out. Cathay Pacific and Hong Kong Dragon can only fight to the death!” Pu Weishi has been in Hong Kong for many years, Chinese It has been said very slippery.
“Haha, you don’t use the idiom ‘anti-guest-based’, this is my home, and I am the master!” Li Xuan said with a meaningful smile.
“Li Sheng, let me tell you straight to the point, Cathay Pacific is willing to take out two golden routes, Hong Kong-Shanghai and Hong Kong-Beijing, to replace the business aviation business of Huamin Airlines! From now on, Cathay Pacific and Hong Kong Dragon will govern by river. , Dragonair specializes in the route between Hong Kong and the mainland, while Cathay Pacific has completely withdrawn from the mainland market and only operates business from Hong Kong to other international regions. The two airlines implement differentiated competition, and everyone can make money together!” Pu Wei Shi directly stated the car said the horse.
“Haha, it’s not like you don’t know the occupancy rate of Hong Kong’s flights to and from the mainland now, and almost all of them are at a loss! If you want to give up the Hong Kong-Shanghai and Hong Kong-Beijing routes, you will kill the greater possibility of Hong Kong Dragon’s future. I’m catching up with the fat meat of business aviation, this is a very loud abacus!” Li Xuan said with a half-smile.
Thanks to the rise of Oriental Group, Hong Kong has become the center of Asia’s electronics industry. Around electronic products such as computers, game consoles, home appliances, etc., a huge and complex production and sales chain system has been formed between Hong Kong and surrounding Japan, South Korea, Taiwan-Taiwan, Mainland China, as well as Southeast Asia and Europe and the United States, making Hong Kong and these regions closer. business exchanges between them are more frequent.
In fact, Cathay Pacific is also one of the beneficiaries. Its first and business class seats on international flights have been growing rapidly in the past decade. The demand for higher-end business travel has given birth to the rise of business aviation. As the only airline in Hong Kong that provides professional business charter flights, Huamin Airlines has also been growing rapidly in its business aviation profits, so Li Xuancai said that this is a big piece of fat.
“As a huge market with a population of 1.2 billion, China’s economic growth rate has remained at a high level for the past ten years! Cathay Pacific Airways has made great concessions by giving up such a promising emerging market!” Pu Wei The cleric forced an explanation.
“Haha, Mr. Pu Weishi, you are so optimistic about the future of China’s economy. As far as I know, the demand for foreign exchange credit in China has always been very strong. I wonder if HSBC will change its strategy and actively enter the Chinese domestic market?” Li Xuan Asked back with a smile.
HSBC has been pulling funds away from Hong Kong in recent years for so-called global expansion. This is also an important reason why Jiahua Bank can quickly catch up with HSBC and begin to replace it as the largest bank in Hong Kong. Li Xuan’s question made Pu Weishi quite embarrassed and unable to answer. He personally does not agree with HSBC’s phasing out of Hong Kong, but most of He Nai’s board of directors calls for dispersing the political-political risks brought about by the 1997 deadline.
“China’s GDP growth rate last year has been announced long ago. If I remember correctly, it should be 4.1%. As far as I know, the situation this year should be worse than last year, and it is estimated that the probability will be below 4%! China is such a huge country. It is not so easy to transform from a planned economy system to a market economy system at once!
The precedent for economic reform in the Soviet Union is already there, and the whole country is about to disintegrate! And China’s problems are also not small, with soaring prices and serious triangular debts among enterprises. You also think they can quickly get back to the double-digit growth rate of the early eighties, an optimistic one has to say! “Li Xuan continued.
His remarks are also the general view of the international economic community on the next trend of China’s economy. Few people can guess that China’s low ebb in the past two years is just a small setback on the road to rise. From next year, it will usher in another 20 years of turbulent progress!
“I can accept the plan proposed by Cathay Pacific to rule the river, but it needs to set a time limit, so let’s take the new millennium as the boundary! I always feel that the so-called ‘one airline for one route’ policy of the Aviation Department is extremely absurd, that is, There is no special anti-monopoly law for bullying Hong Kong!
Since Cathay Pacific is willing to let out two routes, Hong Kong-Shanghai and Hong Kong-Beijing, I can also take a step back and give Cathay Pacific three more years to enjoy huge profits. Everyone from 2000 onwards, and then give the ability to compete! “Li Xuan said very domineeringly.
He is suggesting that the current aviation law may be overturned after the return of Hong Kong. And the reason why Cathay Pacific came to Li Xuan to negotiate one after another was out of the same concern! As the new “underground tsar” of Hong Kong’s economy, Li Xuan’s threats never stop at mouthpieces!
“I will truthfully convey your proposal to the board of directors of Cathay Pacific, but the premise for both parties to achieve the rule of thumb is that Huamin’s business aviation business must be transferred to Cathay Pacific!” Pu Weishi gave the final condition.
If China Civil Aviation continues to retain the business aviation business~www.mtlnovel.com~, it is equivalent to establishing a fulcrum in the international aviation market. Dragonair can take advantage of the existing business charter business to gradually become familiar with international routes and the aviation market of various countries, to accumulate experience for the future entry into the global civil aviation market, and to expand rapidly when the time comes!
Therefore, Cathay Pacific’s strategy is very clear, and it must cut off all the tentacles of Hong Kong Dragon reaching the international market. In this way, even if Dragonair enters the global civil aviation market in the future, it will need to start from scratch, which will greatly slow down its pace of development.
After a little thought, Li Xuan understood the other party’s intention. It’s just that Cathay Pacific has obviously completely misjudged the development potential and speed of the Chinese market. In fact, since the 1992 Southern Tour, the exchanges between Hong Kong and the mainland have entered an explosive growth. The aviation market between Hong Kong and the mainland alone is enough for Dragonair to survive for a long time.
“In principle, I have no objection to Huakong’s sale of its business aviation business. At that time, Cathay Pacific had to make a reasonable offer!” Li Xuan finally said.
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