We're building a super chaebol in Hong Kong
#398 - Dealing with China Light and Power
“China Light and Power is a listed company. Its shares on the stock exchange are freely traded. With your financial resources, boss, you can secretly acquire some of China Light and Power's stock first, and then make a big show of intending to merge with China Light and Power, making others mistakenly believe that you really have this idea.
At this time, the Kadoorie family, the actual controllers of China Light and Power, will definitely try their best to prevent it and will also ask the government for help. When that happens, you can take the opportunity to make some demands. I think the Kadoorie family will definitely agree to some conditions from our Hong Kong Electric Group in order to continue controlling China Light and Power,” Ma Shiming said, expressing his thoughts.
Hearing Ma Shiming's words, Su Cheng nodded. This was indeed a good idea.
Hong Kong Electric Group currently has almost no overseas investment, and its income relies entirely on Hong Kong, so it is very necessary to continue expanding its business scope in Hong Kong.
Power plants are the most vulnerable targets during wartime, so Hong Kong Electric Group has always been very cautious. Therefore, it has never expanded outside of Hong Kong, and Su Cheng has no intention of doing so for the time being.
In the 1970s, some countries were still relatively chaotic. Building power plants in other countries in the past was not as good as entering the mainland in the next few years and developing electricity in the Pearl River Delta region.
“Mr. Wei Li, what do you think of this operation?” Su Cheng then asked Wei Li next to him.
“It's very feasible. The Governor's Office will definitely not allow a power company to monopolize Hong Kong's power supply, so you can implement this plan, boss. If the government really doesn't stop it, it will be even more beneficial to you, because China Light and Power's strength and future development prospects are stronger than Hong Kong Electric Group's!” Wei Li said directly.
Compared to Hong Kong Electric Group, China Light and Power is much stronger, and its territory is several times larger than that of Hong Kong Electric Group.
Of course, China Light and Power's power supply range, except for the core area of the Kowloon Peninsula, the rest are sparsely populated areas. What really creates value for China Light and Power are Tsim Sha Tsui, Mong Kok, Yau Ma Tei, Jordan, Hung Hom, Kwun Tong, and other places in the Kowloon Peninsula.
As for the New Territories, Sai Kung, Yuen Long, and the outlying islands, they are sparsely populated and cannot create much value for China Light and Power.
However, Su Cheng knew that Hong Kong itself was a place with limited land and a large population, and the city center was only so small, and it would inevitably continue to expand outwards.
In the future, when the new urban streets in these places are developed, they will also be a place with very good development prospects.
“Okay, then I’ll do it this way, but don’t leak the news in advance.” Su Cheng said with a smile.
This matter was not difficult for him at all.
Just let Zhang Qizheng take charge. Anyway, he wasn't really going to acquire China Light and Power.
Su Cheng knew that although MacLehose was very polite to him, it was because of his economic strength that he gained MacLehose's respect.
But if it involved breaking the balance of Hong Kong, MacLehose would definitely stop him.
In fact, Hong Kong used to have many small power supply companies, such as Tai O United Electric Company on Lantau Island, Cheung Chau Electric Company, etc. These were eventually acquired by China Light and Power.
And the competition between China Light and Power and Hong Kong Electric Group has almost ceased now, because they are already restricted by the Governor's Office, and it is impossible for them to merge with each other, thereby monopolizing the entire Hong Kong's electricity.
But this is the world of the Chinese, and it is unacceptable for a Jew to control the most important thing like electricity. Although it cannot be changed temporarily, at least grab some of his territory first, so that Hong Kong Electric Group can overwhelm China Light and Power.
After leaving Hong Kong Electric Group, Su Cheng went to Tianyuan Building in North Point.
Causeway Bay is very close to North Point, so Su Cheng arrived downstairs at Tianyuan Building in about 10 minutes.
In the lobby on the first floor, Su Cheng asked the receptionist and learned that Zhang Qizheng was in the office, so he went directly to Zhang Qizheng's general manager's office.
Along the way, Su Cheng responded to the greetings of the employees one by one until he reached the door of the office.
In front of the employees, Su Cheng always behaved relatively amiably.
In his opinion, the relationship between employees and him is just a mutually beneficial and win-win relationship. People don't owe him anything, so he naturally won't show them a bad face.
This is why so many people in Hong Kong today are proud to work for Su Cheng.
In addition to good benefits, Su Cheng's personal charm and image are also a very important bonus.
The newest novel is first published on 69shu.com!
“Boss, why do you have time to come here today?” Zhang Qizheng was a little surprised when he saw Su Cheng.
Su Cheng didn't call Zhang Qizheng before he came, because Zhang Qizheng would report to him every day, so Su Cheng knew what Zhang Qizheng's main work task was today yesterday, and he would basically be in the company.
“I have a very important matter to find you and let you handle it.” Su Cheng said directly after sitting down.
“Oh? Is there anything important again?” Zhang Qizheng asked.
Next, Su Cheng told Zhang Qizheng the plan at Hong Kong Electric Group from beginning to end.
Absorbing the shares of China Light and Power is just a bluff, just to scare the Kadoorie family behind China Light and Power, and also to see the reaction from the Governor's Office.
If the Governor's Office does not interfere, that would be the best, but this probability is too small.
“Boss, this matter is a piece of cake for me. By the way, is there a requirement for how many shares to acquire in China Light and Power?” Zhang Qizheng asked.
“There is no requirement for this. You can acquire as much as you can, but of course, don’t be a sucker. Try to acquire the ones with low stock prices!” Su Cheng said indifferently.
With his current funds, even if he acquired China Light and Power entirely, it would not be difficult, so acquiring some stocks does not require any restrictions at all.
“Since that’s the case, then I’m even less stressed. I’ll immediately find a few people to secretly form a team to handle the China Light and Power matter.” Zhang Qizheng said with a smile!
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