Rebirth 1982: Hong Kong Financial Magnate Famous Worldwide

Reborn in Hong Kong in 1982. In this year, the four major foreign trading houses were gradually declining. The top ten financial magnates and the four major families had already stepped onto the hi...

Chapter 211: Changes in the China Gas Company

As soon as the words fell, all the senior executives of China Gas Company turned their eyes to Li Ka-shing, who was standing on Li Mingze's right, wanting to hear the real estate tycoon's opinion.

The outside world is now in an uproar. Jardine Matheson and Waldorf Astoria are both eyeing the market covetously. It is still unknown who will be the winner!

"Towngas is an outstanding energy company with a history of over a hundred years.

Before the 1960s, it was controlled by British capital until it was acquired by Li Zong.

This has ushered in great development and provided high-quality gas services to the people of Hong Kong Island."

"The reason why I accepted the shares from Mr. Li is that I am optimistic about the future of China Gas.

On the other hand, I don't want to see China Gas Company being acquired by Jardine Matheson."

Li Zhaoji paused for a moment, then glanced around at everyone present. A sharp light flashed in the depths of his eyes, and his entire body exuded an aura of dominance. He spoke in a resounding voice:

"Since Hong Kong was founded, the four major British trading companies have almost completely monopolized Hong Kong's major industries, such as public utilities, finance, banking, and real estate, by virtue of their privileged positions."

"In contrast, we, the owners of this land, can only work in low-end industries such as catering and service industries.

Before the 1970s, Chinese entrepreneurs were almost constantly worried about being targeted by British financial groups. It would not be an exaggeration to say that we were lambs to the slaughter.

"Time passes, years pass, and decades of hard work and perseverance have been devoted to governing the country.

Our Chinese capital finally has the qualifications to compete with the four major British trading companies.

Ever since the charter king, with the assistance of Li Ka-shing, acquired Wharf Holdings, one of Jardine Matheson's subsidiaries, Chinese capital has finally sounded the clarion call for an offensive."

“...................”

An exciting speech is certainly inspiring, but the people present are all old foxes with thousands of years of experience.

Those who don't release the eagle until they see the rabbit choose to remain silent and say nothing. Before the situation becomes clear, who will easily choose to take sides?

A month ago, Li Mingze discovered the abnormal stock price of China Gas Company.

The object of suspicion at that time was the second largest shareholder, Jardine Matheson, considering that he was old and suffered from multiple illnesses.

The other descendants of the Li family were interested in finance, real estate and other industries, so they had no choice but to find Li Ka-shing.

After some persuasion, he transferred 17.3% of his shares and only retained 5%.

There is reluctance and unwillingness, after all, since taking over China Gas Company in 1974.

A lot of effort and money were put in, but in order to prevent the China Gas Company from being taken over by the wolf-like Jardine Matheson, they had to find foreign aid that was on good terms with the Li family.

"I have already acquired 1.11% of Hang Seng Bank's shares and 7.89% of the shares on the stock market. Together with the 17.3% transferred by Li Zong, I now hold a total of 26.3% of China Gas's shares."

"Next, I will instruct the Securities Department of Hang Seng Bank to make acquisitions in the stock market at all costs. At the same time, I will convene a shareholders' meeting as soon as possible to elect a new chairman of the board..."

Li Ka-shing immediately revealed his cards and used both kindness and force to win over these people.

In order to stabilize the morale of China Gas Company, no one wants the acquisition to cause internal turmoil and morale collapse in China Gas Company.

"I support Mr. Li!" General Manager Dong Shaowen spoke immediately. If you don't take sides now, when will you?

“I support that too!”

“..........”