Since Hong Kong entered the 1970s.
The four major British financial groups that once dominated Hong Kong have been declining.
The newly emerging Chinese financial groups are growing and developing continuously.
It has also gradually become involved in the competition for Hong Kong's core industries.
Before the 1970s, the status of Chinese people in Hong Kong was very low and they could only work in low-end industries.
This led to the formation of four major British financial groups, namely Jardine Matheson, Swire, Hutchison Whampoa and Wheelock.
Gradually, it monopolized all core industries in Hong Kong, including real estate, trade, finance, electricity, natural gas, ports, telecommunications, etc.
In 1978, Li Ka-shing, the future richest Chinese in the Chinese-owned group, fired the first shot in the attack on British capital.
Wharf Holdings, one of the two pillars of the Jardine Matheson Group, took the lead in launching a surprise attack, although it was ultimately unable to do so.
But it also helped the charter king who abandoned his ship and went ashore to take over the big fat piece of meat, Kowloon Wharf, causing Jardine Matheson to suffer heavy losses.
In 1979, Li Ka-shing, who had made a comeback, set his sights on Hutchison Whampoa, one of the four major British financial groups.
With the support of the charter king, he obtained the support of HSBC Bank.
In the end, Li Ka-shing acquired the high-quality asset of Hutchison Whampoa, which greatly increased his strength and made him famous both at home and abroad.
The two great victories of Chinese capital also allowed everyone to see the strengths and weaknesses of the four major British financial groups.
They all took up their butcher knives and sharpened their swords against other core industries controlled by British financial groups.
China Gas Company is the monopolist in the gas market and currently occupies more than 80% of the Hong Kong gas market.
The vast majority of Hong Kong's millions of people use pipeline gas from China Gas Company.
This is Mo Zhexuan’s next goal.
That is to take over this oldest public utility organization in Hong Kong's history and one of the largest energy suppliers.
Ever since he made 750 million Hong Kong dollars by shorting the Hong Kong dollar, Mo Zhexuan has been analyzing his future and how to become the person who surpasses the four major families in Hong Kong.
Finally, there is a clear development trajectory.
Currently, finance is the core of our business, providing continuous blood transfusions to other businesses.
Next, with energy as the core, we will gradually control public utilities such as water, electricity, and gas in Hong Kong.
Then we can continue to generate revenue for other business sectors, so that we can remain invincible.
The second Li among the four major families in Hong Kong.
The Li Jiacheng family's Hong Kong Electric Light Company Limited, whose main business is coal-fired power generation, monopolized Hong Kong's electricity market.
The China Gas Company, whose main business is coal and gas, run by the Li Ka-shing family, has monopolized the gas market in Hong Kong.
So the two Lis take turns to be the richest men in Hong Kong. Today it's my house, next year it's your house. From now on, no matter how strong the wind and waves are, they can sit back and relax.
The famous Jack Ma later shared Li Jiacheng's business experience.
He mentioned a classic saying: "Always have a product on hand that can make money even if the sky falls."
If China wants to monopolize water, electricity and gas, it is a fantasy.
However, in Hong Kong, which pursues a free economic system, it can be controlled by private individuals. This is a business that can make money even if the sky falls.
The reason why we choose to invest in China Gas Company instead of Hong Kong Electric Company is that we invest in Hong Kong Gas Company instead of Hong Kong Electric Company.
The main reason is that the current market value of China Gas Company is only about HK$3.2 billion, while the Hong Kong Electric Company has about HK$5.5 billion.
At the same time, since Hutchison Whampoa was acquired by the shipping king.
The Jardine Matheson Group has strengthened its control over Hong Kong Electric Company, so now is not the best time to acquire Hong Kong Electric Company.
Of course, there is another important reason why Mo Zhexuan acquired China Gas Company, that is, Li Ka-shing will take action next year.
If we don't seize the initiative, it will be a fierce battle to take over China Gas Company.
The top floor of Ruitai Securities' office building was once Wantai's office.
Mo Zhexuan calmly told Wang Pengfei about his plan to acquire China Gas Company.
"Mr. Mo! Do you know what the current market value of China Gas is? It's around 3 billion Hong Kong dollars. With our current funds, it's completely unrealistic to think that we can acquire this behemoth."
"More importantly, the China Gas Company is currently controlled by the Li Mingze family. The Li family was once the largest landlord in Causeway Bay, Hong Kong. Moreover, Li Mingze's relationship with China is not ordinary."
Wang Pengfei stood up in surprise when he heard this.
He quickly told Mo Zhexuan all the information in his mind about the China Gas Company, hoping to persuade Mo Zhexuan to do what he could.
"Pengfei! Sit down! I understand everything you're saying. I just want to ask you one question. From the time I, Mo Zhexuan, stepped into the Kowloon Stock Exchange and invited you to become my stockbroker until now, when have I ever made a mistake in judgment?"
There was a gleam of wisdom in Mo Zhexuan's eyes, as if he could see through the future.
How could he not know the news about Li Mingze that Wang Pengfei had told him? He knew the whole story of how Li Ka-shing was able to successfully acquire the company.
That's because next year, the Hong Kong Electric Company, a subsidiary of the Jardine Matheson Group, will show its fangs to the China Gas Company.
Li Mingze was already seriously ill at this time, although he held about 20% of the shares of China Gas Company.
But with time running out, we can only seek external help.
In the end, Li Ka-shing became the lucky man after acquiring the shares from Li Mingze.
With more than 30% of the shares he held, Li Ka-shing became the major shareholder and was successfully elected as the chairman of China Gas.
"Mr. Mo! Of course I believe you, but this is so shocking that I can't believe it for a moment."
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