We're building a super chaebol in Hong Kong

With his current status and influence, he really doesn't need to care too much about what others think.

However, he cannot ignore the overall situation.

In this prosperous land of Hong Kong, the tide of business has never ceased.

And Su Cheng, as a highly influential entrepreneur, every decision he makes is like a boulder thrown into a lake, stirring up layers of ripples.

At this moment, Su Cheng is deep in thought about a major decision.

He is naturally very clear that, in this special period, his every move may have a profound impact on the future of Hong Kong.

Memories flooded his mind like a tide, and the various experiences of his previous life constantly emerged in his mind, especially the great efforts made by the country for the return of Hong Kong, which was an epic historical period.

Su Cheng understands that he bears a great responsibility.

The return of Hong Kong to the motherland is already an unchangeable fact. How to seize more benefits from the foreigners during this period is also a question he is considering.

As an influential entrepreneur, he should contribute his strength to the development of Hong Kong.

The idea of investing in Cathay Pacific Airways kept swirling in his mind, and he carefully weighed the pros and cons.

If this decision can bring him benefits and also contribute to Hong Kong's aviation industry, then perhaps this is the right choice.

However, risks also follow closely.

This decision is not only related to his personal interests, but also to his future and the development of Hong Kong.

He must consider carefully and make a wise decision.

After a long period of thinking and repeated weighing, Su Cheng finally made up his mind.

He decided to invest in Cathay Pacific Airways.

He believes that although this decision will face some risks, it will also bring many benefits.

As long as he can properly handle the relationship with Chinese-funded enterprises, this decision will be the right choice.

Su Cheng raised his head and looked at Daniel Harry, who was standing aside.

"Mr. Daniel, inform Schyrck that we agree to invest in Cathay Pacific Airways, but we also have our conditions. We hope to have a certain say in the management of the company. At the same time, we also hope that Cathay Pacific Airways can become a listed company in the future."

Daniel Harry nodded, he knew that this young boss's decision was made after careful consideration.

So he immediately picked up the phone and informed Schyrck of Su Cheng's decision.

On the Swire Group's side, after discussing with the think tank, Schyrck decided to agree to Su Cheng's conditions.

They are currently unsure whether they can ultimately compete against the suddenly emerging Dragonair.

Although they have the help of the government, they are ultimately fighting alone.

If they bring Su Cheng in, it is clear that their strength will be greater.

As for listing? Let's talk about it in the future. At least Schyrck currently has no such idea.

Let's get Su Cheng on board first!

Three days later, Cathay Pacific Airways' press conference was grandly held in the headquarters lobby of the Swire Group Building.

The scene was decorated solemnly and grandly. The bright lights illuminated the entire space. The huge backdrop was printed with the Cathay Pacific Airways logo and the striking words "Major Announcement".

Media reporters from all walks of life arrived at the scene early. They carried cameras, held microphones, and carried pens and paper, excitedly talking and guessing the major content of today's press conference.

These reporters came from different media organizations, including television stations, newspapers, magazines, etc. They all couldn't wait to get exclusive news as soon as possible.

As time went by, the atmosphere at the press conference became more and more tense.

Finally, in a burst of exciting music, senior leaders of Cathay Pacific Airways and Su Cheng walked onto the rostrum together.

Flashes of light instantly lit up like lightning, and the sound of clicking cameras was endless.

Su Cheng was wearing a well-tailored dark blue custom suit, paired with a dark red tie, which made him look calm and grand.

His hair was combed meticulously. The moment he walked onto the rostrum, he raised his chin slightly, with a confident smile on his face, and nodded slightly to the media reporters below the stage.

That calm demeanor seemed to be telling everyone that he was full of confidence in the things he was about to announce.

The moment they saw Su Cheng, the scene suddenly caused a sensation.

No one expected that the world's richest man, Su Cheng, would actually appear at the Cathay Pacific Airways press conference.

Everyone immediately realized that this press conference must be related to Su Cheng.

Many people guessed, could it be that Su Cheng acquired Cathay Pacific Airways?

If so, that would definitely be a blockbuster news.

The press conference started quickly, and the scene suddenly quieted down.

Some people had already received rumors, knowing that although Su Cheng did not acquire Cathay Pacific Airways, this time he was investing in Cathay Pacific Airways and becoming an important shareholder of this largest airline in Hong Kong.

The president of Cathay Pacific Airways first gave a speech, his voice calm and powerful: "Respected media friends, today we are holding this press conference here to announce a major news.

After a series of consultations and negotiations, we are very honored to welcome an important partner - Mr. Su Cheng. Mr. Su Cheng will invest in Cathay Pacific Airways and become our second largest shareholder, holding 30% of the shares; the original second largest shareholder, HSBC Bank, will reduce its holdings to 20% and become the third largest shareholder of Cathay Pacific Airways; Swire Group's shares will also be reduced from 70% to 50%, and it will still be the controlling shareholder of Cathay Pacific Airways!"

As soon as this statement came out, there was an uproar at the scene.

The reporters talked to each other, with surprised expressions on their faces.

They didn't expect that this rumor was actually true.

Su Cheng stood quietly aside, his hands hanging naturally on both sides of his body, with a smile still on his face.

He tilted his head slightly, listening carefully to the president's speech, his eyes very calm.

Then, Su Cheng stepped forward and greeted everyone with a smile.

He cleared his throat, his voice clear and loud: "Hello, media friends. I am very happy to be a shareholder of Cathay Pacific Airways. I believe that with our joint efforts, Cathay Pacific Airways will usher in a more glorious future."

While speaking, his eyes swept across the reporters under the stage, and the smile on his face never stopped.

Subsequently, Su Cheng and senior executives of Cathay Pacific Airways answered questions from reporters.

When a reporter asked about the specific amount of the investment, Su Cheng slightly raised the corner of his mouth and said unhurriedly, "The specific amount is a trade secret and cannot be disclosed at this time. But I can tell you that this is a collaboration of great significance."

His tone was calm and steady, making people feel his decisiveness and wisdom.

When answering questions about future development plans, Su Cheng frowned slightly, pondered for a moment, and then slowly said, "Our goal is to promote the listing of Cathay Pacific Airways and further enhance the company's strength and competitiveness.

At the same time, we will also be committed to providing passengers with better services and making greater contributions to Hong Kong's aviation industry."

As he spoke, he gently waved his right hand, as if depicting a magnificent blueprint for the future.

After the press conference, the news spread rapidly throughout Hong Kong like a whirlwind.

On the streets, people were talking about this major event.

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In office buildings, white-collar workers gathered together during breaks to discuss Su Cheng's investment in Cathay Pacific Airways.

"Wow, I didn't expect Su Cheng to be so amazing, he actually became the second largest shareholder of Cathay Pacific Airways."

"It's a pity it wasn't a direct acquisition, just becoming the second largest shareholder."

"Yes, I was hoping that Su Cheng would acquire Cathay Pacific Airways, but I didn't expect him to only become the second largest shareholder."

"This is already very good. Cathay Pacific Airways used to be completely controlled by Swire Group. Now, Su Cheng, this Chinese entrepreneur, has finally become an important shareholder, which is already progress."

"That's right, there has already been progress. I very much agree with this statement!"

"I was thinking that Hong Kong Dragon Airlines could rise, but it seems difficult at present. Su Cheng's investment in Cathay Pacific Airways is a good idea. I hope he can directly acquire this company in the future!"

"Yes, this will definitely have a major impact on Hong Kong's aviation market."

In coffee shops, customers sipped coffee while discussing the news.

Major media outlets also reported the news on their front pages.

Newspapers used eye-catching headlines and large photos to attract readers' attention, while television stations broadcast the grand occasion of the press conference and expert analysis and commentary during prime time.

After the press conference, the news of Su Cheng becoming the second largest shareholder of Cathay Pacific Airways swept through Hong Kong like a storm.

On the streets, people were talking about it, and the topic of conversation after meals always revolved around this suddenly rising business magnate.

In this upsurge, the representatives of Chinese-funded enterprises could no longer sit still.

They were worried that Su Cheng's actions would disrupt the existing balance and have an adverse impact on the layout of Chinese-funded enterprises in Hong Kong's aviation sector, especially the newly established Hong Kong Dragon Airlines.

Therefore, they decided to talk to Su Cheng privately, hoping that he would change his mind.

Su Cheng had anticipated the invitation from the representatives of Chinese-funded enterprises.

He knew that his decision would inevitably cause some ripples, but he also firmly believed that his choice was correct.

In the meeting, Su Cheng faced the questions from the representatives of Chinese-funded enterprises frankly.

"Everyone, I understand your concerns. But please listen to my explanation," Su Cheng said calmly, "The current Hong Kong Dragon Airlines is indeed struggling under policy restrictions.

The British Hong Kong government will not allow the interests of the airlines they control to be infringed upon. Therefore, no matter how hard we try, the space for development is very limited.

Cathay Pacific Airways, as the leading enterprise in Hong Kong's aviation industry, has strong strength and a broad market.

My investment in Cathay Pacific is not for personal gain, but because I see a greater opportunity."

Su Cheng paused and continued, "My goal is to promote the listing of Cathay Pacific Airways. Once the listing is successful, we will have the opportunity to gain more initiative in the capital market, thereby bringing new vitality to Hong Kong's aviation industry.

Moreover, I also hope to gradually change some unreasonable situations through my influence in Cathay Pacific, so that Hong Kong's aviation market will be more fair and open."

The doubts on the faces of the representatives of Chinese-funded enterprises gradually dissipated as they listened to Su Cheng's explanation.

They began to seriously consider Su Cheng's words, realizing that his intention was not as simple as they had initially thought.

A leader of a Chinese-funded enterprise nodded slightly and said, "Mr. Su, we admire your vision and strategy. We did have some misunderstandings before, but now we understand your good intentions. We are willing to support your decision and work together for the future of Hong Kong."

After gaining the support of Chinese-funded enterprises, a big weight was finally lifted from Su Cheng's heart.

He knew that with the help of Chinese-funded enterprises, his plan would be promoted more smoothly.

After officially becoming an important shareholder of Cathay Pacific Airways, although Su Cheng did not personally participate in the management of Cathay Pacific Airways, he sent a representative to participate in the management of Cathay Pacific Airways.

After discussion, the senior executive sent by Su Cheng became a vice chairman of Cathay Pacific Airways and had some management rights.

Under Su Cheng's promotion, Cathay Pacific Airways began a series of reforms and innovations.

What Swire Group did not expect was that their introduction of Su Cheng as the second largest shareholder this time was definitely an act of inviting a wolf into the house.

At this time, Su Cheng had already begun to secretly plot how to promote the listing of Cathay Pacific Airways.

This is not easy, after all, Swire Group is the absolute controlling shareholder, holding 50% of the shares, Su Cheng only controls 30%, as for HSBC Bank, which holds 20% of the shares, usually does not pay much attention to Cathay Pacific Airways.

The reason why the representative sent by Su Cheng has some management rights is because Swire Group is giving Su Cheng face.

Otherwise, there would be no say at all.

He already had his own ideas on how to control Cathay Pacific Airways in the future.

That is to target the 20% stake in HSBC Bank's hands.

No one knows that Su Cheng has actually been secretly absorbing HSBC Bank's shares for several years and has already become the largest shareholder of HSBC Bank.

However, even if he becomes the largest shareholder of HSBC Bank, he still cannot control HSBC Bank, so he has not disclosed this news.

Moreover, HSBC Bank itself has developed into a company with a market value of trillions in the future, and then it will be his strong entry opportunity.

Su Cheng is not in a hurry to control HSBC Bank!

(End of this chapter)