Rebirth of Hong Kong 1981
Chapter 564: Milk International
Chapter 564 Milk International
In addition to the two companies, Hong Kong Electric Lighting and Hong Kong Telephone, Yang Chen is also very interested in Jardine's Milk International Company.
Milk International was founded in 1886, which has a history of nearly 100 years. In the early days, Milk International was established as a joint venture by a Scottish doctor and five Hong Kong businessmen.
In the early days, Dairy International established a pasture in Pokfulam, West District of Hong Kong Island, raising dairy cows imported from the United Kingdom, specializing in the production of fresh milk.
Having a ranch in the most prosperous commercial area of Xiangjiang is not difficult to imagine how luxurious it is.
Don't buy a piece of farmland in Xiangjiang, it's much more awesome.
At the beginning of the 20th century, Dairy International began to enter the retail market in Hong Kong, importing frozen meat to Hong Kong from the early days, and opening the first retail store in Hong Kong in the Central Warehouse.
Xiangjiang's large-scale retail market was opened by Dairy Milk International.
Frozen food, in a city with millions of people in Xiangjiang, the demand is very huge.
Therefore, Dairy International established many ice rinks and food storage warehouses in various regions of Xiangjiang in the early days.
Since Dairy International started earlier than many companies in Heungkong, most of its ice rinks and warehouses are located in prosperous areas of Heungkong.
Dairy International owns as many subsoils as many real estate developers in Xiangjiang can’t match. Even the real estate company, which is known as the King of Land in Hong Kong, only sits firmly on the throne of the No. 1 real estate company only because it owns a large area of land in the Central District.
If it wasn't for Dairy Milk International's focus on running its own retail stores and unwilling to set foot in real estate, it would not have been impossible to compete with Hongkong Land by virtue of the land it occupied in the early days.
However, such a company eventually fell into the hands of Jardine Land, and like Wharf, Pearl was secretly invested.
Dairy International has a lot of vacant land, but because of the concerns of Jardine's top management, it has been vacant and unused, causing unnecessary waste.
If it wasn't for Dairy International, which was privatized by Jardine Land early, a group of Chinese bigwigs would have already started to **** it.
To privatize such a company is actually very helpless for Jardine Land.
In the early 1970s, the actual control of Dairy International was held by Sir Zhou Xinian, a Chinese who had great influence in Hong Kong at that time.
Originally, for such a company, normally, no one would think of it.
However, the average man is not guilty, and he is guilty of guilt, because the ice factories and warehouses owned by Dairy International in Pokfulam Ranch and prosperous areas such as Causeway Bay and Kwun Tong occupy a large area.
Jardine Land couldn't help but be jealous, Chinese capital didn't dare to move because of Sir Zhou's status, but Jardine didn't care about these things.
At that time, in order to acquire Dairy International, Jardine sent Land Land, the company with the largest capital, and Sir Zhou Xinian, who did not accept the acquisition, to start a fierce competition.
Land Land dispatched a large amount of cash and issued a large amount of shares in exchange for Dairy International's shares. The two companies fought fiercely with each other.
Because the Jardine Land was too powerful, the Chinese bosses, at the request of Sir Zhou, successively took action to resist the attack of Jardine Land.
However, a tiger is a tiger after all. Even if there are several Chinese real estate bigwigs, the fate of Dairy International being acquired by Landmark is still inevitable.
The battle between Jardine Land and Dairy International was later hailed as a strong struggle between Chinese capital and British capital in the early days. Although the Chinese capital finally lost, it also made the British consortium in Hong Kong see the Chinese capital. Power is getting stronger.
In the blink of an eye, Chinese capital went from being slaughtered in the early days to being able to fight against a British-owned conglomerate like Jardine Land, which made the British-owned conglomerates in Hong Kong realize that the situation in Hong Kong has changed.
In the 1950s and 1960s, Chinese companies in Heung Kong basically had no ability to resist British acquisitions, especially listed companies. Basically, as long as they faced acquisitions, they would lose money in the end.
Until the 1970s, the mainland began to mention the issue of the ownership of Xiangjiang again. Affected by the situation, the British capital began to gather strength, turn the offensive into the defensive, or withdraw from the Xiangjiang market.
Without the suppression of the British consortium, when did the Chinese capital begin to rise rapidly.
In order to expand capital, many Chinese-funded companies began to seek listing, in order to obtain a large amount of liquidity and take the opportunity to develop.
In the early 1970s, a large number of Chinese-funded companies were listed on the stock exchange, and a large amount of hot money from the bottom flowed into the hands of large companies.
It is precisely because of the strong rise of Chinese capital that the Jardine Consortium, which has been accustomed to dominating Hong Kong, looks a little unhappy, so it aims at Milk International, which it has always wanted.
The big stock market crash in 1973 was largely caused by the large-scale listing of Chinese-funded enterprises. The people at the bottom found that buying stocks was more profitable than working, so they poured all their worth into the stock market.
The popularity of the Hong Kong stock market has indirectly attracted the capital power of neighboring countries. As a result, a large amount of hot money has flowed into the Hong Kong stock market, which has pushed the originally normal stock market to a point where it is difficult for people to sustain themselves.
In the 1973 stock market crash, it was not the Chinese capital that suffered the most, but the British capital consortium and the people at the bottom.
Many Chinese-funded companies went public before the stock market crash, so at that time, many Chinese-funded bigwigs not only had no big losses, but instead obtained a large amount of liquidity in advance because of the company’s listing.
For example, Li Chaoren, Li Sishu, Boss Guo, Zhao Ship King, Charter Ship King and a series of Chinese bigwigs at that time all rose after the stock market crash in 1973.
Especially in the real estate industry. At that time, due to the impact of the stock market crash, Hong Kong housing prices and land prices plummeted to 90%.
The original 10 million building, after the stock market crash, may not be bought by the asking price of 1 million.
And the real estate tycoons headed by Li Chaoren, relying on the large amount of funds obtained from the listing, began to hunt for the bottom and expand their strength.
Because of the massive expansion of Chinese capital, the Jardine Consortium was afraid that it would be attacked. In addition, the stock market was hit hard, and it was unrealistic to relist Dairy International, so it was delayed again and again.
And this delay has come to the present in a blink of an eye. If there is no accident, Dairy International will not be listed again until the issue of Heung Kong's return in 1985 is completely resolved and the stock market is hot again.
However, Yang Chen can't wait that long, next year at the latest, he wants to win Milk International.
Of course, the premise is that he needs to hold the painful foot of Jardine. If he cannot hold the painful foot of Jardine, it is absolutely impossible for the other party to sell Dairy International to him.
Dairy International was not attracted to its ice rink. It was inevitable that the real estate in Heungkong would plummet. Except for Central, there were no other places in Heungkong where he could not buy land.
What really attracted Yang Chen to Dairy International was its influence in the Hong Kong retail industry, especially in the category of quick-frozen food. Carrefour, a subsidiary of Yang Chen, in the category of quick-frozen food, was always supplied by Dairy International.
Dairy International has almost monopolized the entire quick-frozen food supply chain in Xiangjiang, but everything related to freezing is basically supplied by Dairy International.
Although Yihe did not stop supplying Carrefour because of the conflict between the two, how could he allow others to threaten him all the time when he was strangled by the neck.
Therefore, Milk International, Yang Chen is determined to win this time.
Of course, it is obviously impossible to rely on him to negotiate and negotiate, so Zheng Hiquan can only come forward, while he secretly digs a hole for Yihe, shoves it hard, and grabs its legs.
——
(end of this chapter)
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