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Laurence Kadoorie has been in a very bad mood for a short period of time. He has almost exhausted all his funds on the share repurchase of China Power Group. In order to repurchase the shares, he pledged all he could with HSBC and Standard Chartered.
.
But now the matter there is not over yet, there is another turmoil in Xiangjiang. My hotel group has been attacked by Chinese-owned families. While I am busy dealing with it, it is reported that the Li Group is going to forcefully acquire my own Xiangjiang Carpet Company.
This made Laurence Kadoorie feel a lot of pressure. Three of his listed companies were targeted by the Chinese-funded consortium at the same time. Even if the British-funded consortium was not under such pressure, he himself did not know whether to feel proud or sad.
Rowlands Kadoorie is very aware of some of the ideas of the Chinese-owned consortium. The China Electric Power Group in his hands provides electricity to millions of Xiangjiang citizens, affecting the production and life of these people.
The Chinese-funded consortium now hopes to control all the influential groups in Xiangjiang in order to achieve some of their goals.
Rowlands Kadoorie would not be willing to give up the China Electric Power Group. He was very optimistic about the future development of Xiangjiang. He did not want the business established by his family to become a wedding dress for others.
While he was thinking about this, his assistant came to the office and reported to him: "Chairman, I just received news that the Heung Kong Electric Group intends to expand its business to the New Territories of Kowloon."
Laurence Kadoorie is not very anxious about this news. The Singapore consortium supports him. It is impossible for the Heung Kong Electric Group to expand at this time. They will not spend a lot of money on it. Besides, Heung Kong Electric Group
The group's power generation capacity cannot support their expansion.
He never thought that it must be the Li Group that was causing trouble again. The Li Group was the second largest shareholder there. It would be too easy for them to cause trouble, and the target was obviously him.
After the assistant left, Laurence Kadoorie found Guo Lingming's phone number, picked up the office phone and dialed it.
Guo Lingming also received news from the outside at this time. He knew that this must be arranged by the Li Group. The board meeting was only completed in the morning, and the news spread in the afternoon.
At the same time, he also felt considerable pressure. This time, it was not just Wang Xinyu who put forward opinions. Many directors of the group supported the expansion of Xiangjiang Electric Group. If he had not held absolute control, this matter would have been difficult to handle.
For himself, of course, he hopes that the Xiangjiang Electric Group's business area will be as broad as possible. However, facing the Li family consortium, he has to unite with powerful forces such as the British consortium and the Kadoorie family to jointly deal with Li's consortium.
The pressure brought by the financial group.
Guo Lingming knew that China Electric Power Group must not be acquired by the Heung Kong Chinese Capital Consortium, otherwise his Heung Kong Electric Light Group may also suffer heavy losses. He believed that once Zheng Yutong and others acquired China Electric Power Group, they would immediately enter places such as Xiangjiang Island and Lamma Island
market to seize the market of Xiangjiang Electric Lighting Group.
While Guo Lingming was still thinking, the phone on his desk rang. He picked up the receiver and said, "Hello, I'm Guo Lingming."
"Sheng Guo, I am Laurence Kadoorie."
As soon as Guo Lingming heard that the call was from Laurence Kadoorie, he could guess that it was about the board meeting in the morning.
He said: "Mr. Kadoorie, what can I do for you?"
Lawrence Kadoorie said: "Guo Sheng, I think you have also received news from the outside. We are now facing suppression from several major Chinese-funded families in Hong Kong headed by the Li Group. At this time, we are even more...
We should unite, otherwise we will only be defeated by them individually."
Rowlands Kadoorie did not want Guo Lingming to suddenly point his gun at China Power Group, making the situation of the Kadoorie family business even worse.
Guo Lingming said: "Mr. Kadoorie, some of the rumors outside are wrong. Our Heungkong Electric Group and your China Electric Power Group have always stayed on the same page and adhered to their respective markets. Although this time some shareholders proposed that Heungkong Electric Group enter
Kowloon New Territories, but I vetoed it."
When Laurence Kadoorie heard that Guo Lingming rejected such a proposal, he completely let go of the worry in his heart.
It seems that Guo Lingming still understands the current situation. Now is not the time for them to fight among themselves. Their main opponents are the several major families headed by the Li Group. Those families have too great ambitions and want to implement Xiangjiang in all aspects.
monopoly.
Rowlands Kadoorie said: "Guo Sheng, please rest assured that as long as our Kadoorie family still controls the China Electric Power Group, we will not enter the market of your Heungkong Electric Group. As long as our two families join forces, I believe that in Heungkong Electric
There is not much that the Li Group can do to deal with us in the market."
Guo Lingming also knew that he and the Kadoorie family had formed a de facto monopoly on Xiangjiang Electric Power. As long as the two families did not fight each other, it was very easy to make money. But he did not agree with what Rowland Kadoorie said. As long as Li Guangyu and
Several big families in Xiangjiang are willing to spend money here, and they can quickly establish a power group.
Guo Lingming believes that as long as they are willing, within five years, China Electric Power Group and Heung Kong Electric Group will face considerable pressure. Just look at the current Wellcome Supermarket. It has been almost a month and there is still no price war.
It means to stop.
He himself also knows some news. Now Wellcome, Hengyu and Watsons are not making any money at all and can only operate at a profit.
He is very worried that when the Li Group gets another electric power group to operate in this way, Heung Kong Electric Group and China Electric Power Group will also fall into such a vicious circle. Then they will be in misery. It is estimated that the Kadoorie family will not be much better.
His investment, which is a bank investment, needs to be profitable, and the Kadoorie family has so many loans and the interest is enough to drag them down.
Fortunately, he doesn't have to worry so much. The Li Group is not currently very rich in funds. Part of their profits must pay for the purchase of aircraft by Xiangjiang Airlines, and part of them must support the expansion of Tianyu Bank.
If the power group invests too little, it will not affect the two groups. If there is a large amount of investment without loans, the Li Group will not be able to bear it for the time being.
Guo Lingming said to Laurence Kadoorie: "Our Heung Kong Electric Group is currently focusing on stability. You can rest assured. I also hope that our relationship can be maintained forever without a situation where both sides will suffer."
Rowlands Kadoorie immediately said: "Guo Sheng, please rest assured that we will never do such a thing. Our family is now facing suppression from the Li family group, and the Kadoorie family is not going to do anything like this." I hope I end up in a helpless situation."
Later, Rowland Kadoorie also communicated with Guo Lingming about the current situation and expressed his own views on some issues in Hong Kong.
At the same time, Lawrence Kadoorie also hoped that Guo Lingming and others could provide him with financial support when the Kadoorie family was short of funds to cope with the acquisition of its listed companies by the Li Group and the Xiangjiang Huazi Family.
Miaoshuwu
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