Li Guangyu did not put pressure on Li Weiming, who was investigating in Lisboa. He knew that this was a meticulous job, and the more anxious it was, the easier it would be to overlook valuable clues.
After the group's high-level meeting, Li Guangyu went to the Peninsula Hotel.
In the private room on the second floor, the major shareholders of Xiangjiang China Investment and He Youguang, the chairman of He Investment Company, gathered here.
After discussing the Taipei MRT, Lee Shau-kee said, "Guangyu, you know the news about Cathay Pacific, right? It is said that some families from Nanyang are interested in taking over Cathay Pacific. This will be a big competition for you, Xiangjiang Airlines."
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Li Guangyu himself received a report from his subordinates yesterday. This time, some Nanyang families, led by the Singaporean consortium, were preparing to intervene.
However, Li Guangyu is not too worried about this. It is just a matter of fair competition. He is very confident in Xiangjiang Airlines. Cathay Pacific will not be able to put any pressure on him in a short period of time.
As long as Cathay Pacific shareholders include Fok Ying-tung and Hu Yingxiang, Cathay Pacific's development will inevitably be restricted by the Hong Kong government, even if it joins the Nanyang family.
"Uncle Fourth, thank you for your concern. I believe that the top management of Xiangjiang Air Transport Group will come up with a response plan. As long as those few Cathay Pacific Airways are still shareholders of the group, they will not be able to pose any threat to our Xiangjiang Airlines in the past ten years." Li
Guangyu responded.
Everyone here also knows the attitude of the Hong Kong government on this matter. Even if MacLehose is replaced by Youde, the policy in this regard is the same.
Li Guangyu's airline and Cathay Pacific Airways are two extremes. One side receives extremely favorable treatment, while the other side is subject to harsh restrictions. The development environment of the two airlines is very different. This makes Cathay Pacific Airways compete with Xiangjiang Airlines.
Li Ka-shing said, "Guangyu, in the past two years, some Nanyang families headed by the Singapore consortium have been like fishy sharks. They have come to our Hong Kong to open up markets, from finance to real estate, from hotels to foreign trade to public service enterprises.
Investment, now they have a lot of momentum.”
These people all know that these Nanyang families are taking a stand in Xiangjiang to prepare for their future entry into the mainland market. And these Nanyang families' continuous investment in Xiangjiang has obviously touched the interests of the major families in Xiangjiang in some aspects.
This time Zheng Yutong, Li Ka-shing and others hope to teach some Nanyang families who come here a lesson in Xiangjiang, letting them know that Xiangjiang is not Nanyang, and it is not their turn to dominate the market here.
Li Guangyu himself didn't feel anything. This time, many Nanyang families expanded in Xiangjiang mainly in finance and real estate. These two areas are exactly the industries that Li Guangyu and his family are shrinking, so the Nanyang family has shown such great potential.
momentum.
Especially at the Xiangjiang land auction that just concluded, the Xiangjiang Huazi family collectively retreated, allowing the Nanyang family headed by Guo Lingming to gain a lot.
Among them, a piece of land in Central was sold to the Guo Lingming family group, setting a new record for the highest land auction price in the history of Hong Kong.
And after winning the land, Guo Lingming announced in a high-profile manner on behalf of his father that his group planned to invest 7 billion Hong Kong dollars to build a landmark building in Hong Kong.
What is very interesting is that the HSBC headquarters building plans to invest 5.5 billion Hong Kong dollars, while the Lee Group has announced a planned investment of 6.5 billion Hong Kong dollars. The intentions of the Singapore consortium are self-evident.
In terms of finance, the two major banks, Wong Cho Yao and Qiu Teck Puat, are constantly adding branches in Hong Kong. Singapore belongs to the Commonwealth, and the Hong Kong government does not have many restrictions on them, so their business operations are not much less than that of Sun Hung Kai Bank.
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And they seem to be quite optimistic about the Hong Kong property market. When some Chinese-owned banks in Hong Kong headed by Li Guangyu began to restrict loans in the property market, they followed the example of HSBC and Standard Chartered. As long as there are no problems with their qualifications, they can obtain loans from their banks.
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This has caused many small and medium-sized real estate companies in Hong Kong to invest in other banks, and many real estate speculators have also gone there.
Even those who just need to buy a house are the same. After all, after Li Guangyu and other banks have imposed restrictions, it is quite difficult for them to obtain loans from these banks. However, the major banks in the Singapore consortium do not have such restrictions, and it is easier for them to obtain loans.
loan.
Cao Wenjin said, "Jia-shing, needless to say, real estate and finance. We all gave up this aspect ourselves. We originally hoped that the British-funded consortium would invest more in this, but I didn't expect that these families would come to take over.
We can’t blame us for being cheated. As for hotels, they don’t have much influence. In terms of trade, with the current market situation, they just rely on transshipments from Nanyang and cannot affect Hutchison Whampoa’s business.
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In fact, everyone knows in their hearts that the main problem this time is that the Nanyang family headed by Singapore has put its hands into public service enterprises that affect the production and life of Xiangjiang citizens.
The other party was not satisfied with taking over the Xiangjiang Electric Lighting Group from Li Guangyu, and now it started to intervene in the air transportation industry, which made Li Ka-shing and the others intolerable.
In addition to establishing close relationships with several companies, the most important thing about the establishment of Xiangjiang China Investment Company is to allow this group to control some public service enterprises in Xiangjiang, such as transportation, electricity, gas and other industries, to expand their influence in Xiangjiang.
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If these companies are controlled by a Singaporean consortium, then what influence will they have as a local family in Xiangjiang? This situation is obviously not what Li Ka-shing, Lee Shau Kee, Guo Desheng and others want to see.
Li Guangyu also heard what his father-in-law meant. Now everyone is dissatisfied with the Nanyang family's involvement in the Xiangjiang Public Service Company, but he himself doesn't have much to do at the moment.
The last time they failed to buy the China Power Group, the Kadoorie family now has complete control. They have no chance. The Singaporean consortium also holds absolute control over the Heungkong Electric Group.
But now everyone here is saving funds to buy the bottom of the property market next year, and no one has any big investment plans, even if it is to establish a new power company, it is unlikely.
The same is true for Cathay Pacific Airways, which is now a pit. With Li Guangyu Xiangjiang Airlines in hand, spending billions of Hong Kong dollars to acquire this useless thing will have no effect at all.
Li Guangyu thought for a while and then said, "Father-in-law, Uncle Li, Fourth Uncle... I wonder what your plans are?"
Cao Wenjin said, "We don't need to think about Singapore. These aspects are controlled by the government. Even if private individuals can enter, the rate of return is very low and it is not worth our investment. This time we plan to go to Malaysia, the main market of the Nanyang family.
Its focus is on Kuala Lumpur to create pressure on these families."
Due to historical reasons, the relationship between Singapore and Malaysia is in a state of constant tension and confusion, and the property market of many Singaporean families is in Malaysia.
This time Zheng Yutong and others are planning to go to Kuala Lumpur. Let’s not talk about whether to invest or not. They want to make the Nanyang family nervous first. Let them not think that as long as they can invest in their own territory, they can also go to their territory to grab food.