Rebirth of Hong Kong 1981

Chapter 793: Cathay Pacific

  Chapter 793 Cathay Pacific

   Yang Chen did not deliberately keep a low profile when he returned to Xiangjiang this time. He informed Zheng Hiquan and others in advance. After everyone received the news, they rushed to the airport early to prepare to greet him.

   Taking over the Landmark Company, Yang Chen's momentum in Xiangjiang reached a peak for a while, and the major media in Xiangjiang hyped it up, so he almost put the title of Li Chaoren on his head.

  The people of Hong Kong in this era did not have much affection for the British. The so-called democracy is not the same thing at all.

  Under the British rule, the people of Hong Kong have been suppressed for too long. Whenever there is a little bit of good news, it can inspire everyone's confidence. Things like the acquisition of a British-owned consortium are even more worthy of encouragement for all Hong Kong people.

   On the plane, Yang Chen inadvertently found out that the flight he was taking was a plane owned by Cathay Pacific Airways, and he couldn't help but revive his mind.

   Since he won the British Aerospace Corporation, he has decided to enter the Asian shipping market. In the 1980s, the Asian economy developed rapidly, and the shipping company can be said to have ushered in a peak period of development.

   As the financial center of Asia in the future, Hong Kong is the first window to connect the inland with foreign countries. With the development of the global economy, business travelers, tourists and freight business will grow significantly.

  Aircraft is an important means of transportation for people to travel and goods, and its role is self-evident.

  As an airline that has been established for nearly 40 years, Cathay Pacific's business has already spread to various countries and regions in Asia, and now it is gradually entering the European and American markets.

  The end of the 20th century was the beginning of the rise of the Asian economy. Many Asian companies in later generations broke through the blockade of European and American countries during this period and entered and participated in the global market distribution.

   As the largest airline in Hong Kong, Cathay Pacific can easily capture the Asian shipping market by winning it. If it cannot win Cathay Pacific, its layout in shipping will be greatly affected.

  Aircraft is not a small commodity. It is not suitable to use the means of throwing money in the shipping market of this period.

   It is said that if you hurt one thousand enemies, you will lose eight hundred yourself.

   But in the shipping market, if someone hurts a thousand, it is absolutely unreasonable if you don’t lose two or three thousand.

  Especially at the beginning of the 1980s, people’s living standards were not as high as the latter, traveling abroad was not as frequent as later generations, price wars or something, and there were too few people traveling, and it was impossible to play at all.

  You should know that in addition to being expensive, the maintenance of an aircraft is also very expensive. This is the same as a freighter. You have to pay a lot of maintenance fees every day.

   Boss Yang wanted to buy Cathay Pacific Airways, yes, but the background of Cathay Pacific Airways gave him some headaches. Cathay Pacific Airways is not a listed company, and it has only two shareholders.

   One, the parent company of Thai Airways, Swire Pacific.

   The second is HSBC, which has been cooperating with Yang Chen.

  Swire Pacific holds 70% of the shares, HSBC holds 30% of the shares, and two major British consortiums are the backers. Based on this background, no one dares to fight Cathay Pacific.

   It is precisely because of the support of the two major consortiums that Cathay Pacific has expanded rapidly in recent years.

   Even if someone is greedy, they can only stare.

   Of course, no matter how troublesome it is, our Boss Yang will not back down easily.

  Compared to Swire Pacific, as long as HSBC has enough interests, it is still very easy to get 30% of the shares held by the other party.

   HSBC is different from the early foreign firms such as Jardine and Swire. The early British-owned foreign firms drilled wherever they had interests.

   HSBC’s shares in other companies are mostly because they are optimistic about this company. When the company develops well in the future, the shares it holds will be able to sell for a good price, and the two sides will establish more cooperative relations.

  Jardine is different from foreign companies like Taikoo, but any company that they like will try their best to take it back, and they can take advantage of it, and will never leave it to others.

  The development model of Swire Pacific is similar to that of Jardine Matheson, and the industries involved in its business are diversified, mainly focusing on shipping, aviation, real estate, and trade.

   Unlike Jardine, which has been expanding aggressively in recent years, Swire Pacific has become extraordinarily low-key after the news of the recovery of Xiangjiang in the inland, and its business in Xiangjiang has not expanded significantly, nor has it shrunk.

The reason for    is mainly that the background of Swire Pacific is relatively clean, and there is not as much dark history as Jardine.

  The history of Swire Pacific can be traced back to the early 19th century. Its founder, John Shihuai, was the owner of a textile factory in Liverpool, a famous port city in northwest England.

  In the middle of the 19th century, as the British opened the way of global trade, Swire Pacific turned around and started import and export trade, thus starting the development process in China.

The Swire Group has always been controlled by the British Shi Huai Ya family, and its major shareholder has always been the Shi Huai Ya family. Each of the four major foreign firms in Xiangjiang has a history of more than 100 years. The other three behind-the-scenes bosses have now changed their owners. For more than 100 years, it has still firmly held Swire Pacific and has never been replaced by others.

Because there is not much dark history, although Swire Pacific also has strong unease about the inland recovery of Xiangjiang, but generally speaking, it is still relatively calm, not like Jardine, who only thinks about moving out of Xiangjiang, for fear of being inside After Lu Qiu settles the account.

   "Boss, boss"

   "Press?" Yang Chen woke up from his contemplation, and looked at Lan Meiren who woke him up in doubt, with a hint of puzzlement on his face.

   "Boss, here we are."

  The corner of the blue beauty's mouth twitched, not knowing what the other party was in a daze just now, she pointed to the window.

   Yang Chen subconsciously turned his head to look at the window, and found that the plane had already landed and was slowly decelerating.

   Yang Chen breathed a sigh of relief, shook his head, and planned to put the matter of Cathay Pacific Airways aside for the time being.

   The main task of British Aerospace Corporation at this stage is to persuade the British government, or the Conservative Party headed by Margaret Thatcher, to persuade these people to participate in the arms trade to the Middle East.

The Iran-Iraq war is now in full swing. European and American countries headed by France and the United States are now frantically selling arms to the Middle East. Let’s not talk about it later. In the past two years alone, the United States and France have won arms trade in the two countries. Generous reward.

  The UK, as a veteran powerhouse in Europe, in the early global trade, arms trade was also the most important part. The British did everything to make money.

  In the beginning, this country, which started as a pirate, could start a war for opium, what else could they not do?

   Could it be that, now that the UK is lonely, it is embarrassing to make this money?

   It doesn't matter whether others believe it or not, Yang Chen doesn't believe it anyway.

   As the saying goes, a dog can't change to eat shit, and there is no profit, unless the British are stupid.

  The reason why the British are not very enthusiastic about the war in the Middle East is mainly that both parties in the country have focused their energy on reforms and are fighting hard for privatization and nationalization.

Others don't know how long the Iran-Iraq war has been going through, but Yang Chen is very clear that during the eight-year Iran-Iraq war, the two Middle East oil countries not only spent all their foreign exchange, but also owed two dollars to the United States and France. European and American countries have huge foreign debts.

  Everywhere is money, a lot of banknotes and US dollars, it would be a pity to miss it.

  ——

   (end of this chapter)

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