Chapter 332: Swire & Co
Swire & Co. is a long-established British-owned foreign firm that has been trading with China since the Qing Dynasty. Today, Swire is a multinational company with roots in Asia. Its operations in Greater China are often under the Swire name. Swire Pacific Limited, a subsidiary of Swire Pacific & Co., Ltd., is a conglomerate listed on the Hong Kong Stock Exchange.
Swire & Co. is the second most influential trading organization in modern China after Jardine Matheson. Its predecessor was John Swell's & Co., which was founded in 1816. Swire & Co., which was mainly engaged in the shipping industry, organized the China Shipping Company in 1867 with a capital of £1,000,000. In 1872, the Taikoo Steamship Company was established, becoming one of the three major shipping companies alongside the Jardine Steamship Company and the Qichang Steamship Company. The Shanghai-Hong Kong route was opened, and the Yangtze River route was added in 1875, and then the coastal route of China and the route to overseas were successively expanded. In addition to the shipping industry, Swire Pacific is also involved in other sectors. In 1881, it acquired a number of large plots of land in Quarry Bay, Hong Kong Island, to build the Swire Sugar Refinery, which was officially put into operation in 1883.
In the future, even if Chinese capital rises in Xiangjiang, the Shi Huaiya family always controls Swire & Co. in the four oceans of Xiangjiang. Many people say that they are rich for only three generations, but the Shi Huaiya family has been rich for six generations in the future.
Although the strength is weaker than Jardine Matheson, it is still in the control of the enterprise. The Schwyawer family has always been stronger than the Keswick family in terms of business control, which is why no one at Swire has been able to make up their minds, because the controlling family's control of the business is too stable.
But with the passage of time and the diversification of the company, Swire itself is a listed company. Even the Schwya's family's holdings of the company are only a little more than three layers. This is decided by the Xiangjiang Listed Company Law, and it is also an opportunity for Bao Zixuan. If the Schwyaw family is allowed to hold 49 percent, there really is no chance.
Looking at the volatile stock market at this time, John Schwyaer finally understood Shen Bi's reminder. Although HSBC's Taipan has a transcendent status in Hong Kong, he is also a part-time worker after all, and he may not necessarily listen to you for these veteran British tycoons.
Shen Bi can only receive a pension after retirement, and York-Schwyath does not have a retirement at all. Even if he retires, his son will take over, and everyone should respect him well.
This time the matter is a bit spicy, and it is impossible to fight against the black clouds with the ancient cash reserves. The most important thing is that the company is disheartened, and they all want Heiyun to become a shareholder, and some even begin to plan their treatment after Bao Zixuan's arrival. This is a danger signal, this is no longer the time to care about face, if you want to get through the difficulties, you still have to find Shen Bi and HSBC behind him.
At present, it is not only Black Cloud that is acquiring, but other small and medium-sized retail investors are absorbing a large number of shares of Swire & Co. At this time, the people of Xiangjiang understand that they can definitely make money by following the richest man in Bao. Seeing that Swire's stock price is rising, on the surface, the assets of the Schwya's family are increasing, but once the stock price is inflated, it is definitely not a good thing for the stable development of the holding family and the company.
A small fluctuation is enough for the Shi Huaiya family to be uncomfortable for a long time, but in recent years, the overseas expansion has been too fast, and there is not much capital to deal with emergencies.
In fact, not only Swire & Co., but other British-funded enterprises in Hong Kong are also vigorously expanding their overseas business. At this time, although the return of Xiangjiang has not yet been agreed, as a top British family, especially in Xiangjiang for so long, everyone is not optimistic that Britain will be able to continue to manage Xiangjiang in 97. It is impossible for Huaxia to let such a thing happen, then it will become a laughing stock in the world, and who else will take you seriously.
Although he was not very reluctant, York-Schwyaw still dialed Shen Bi's phone. He understands that if he wants to stabilize the stock price now, HSBC must take action, and no one else can have this strength. And it is impossible for Chinese capital to help him, Bao Zixuan is a banner of the Chinese in Xiangjiang.
Shen Bi was very happy when he received a call from York-Schwya, these old families who thought they were nobles respected him on the surface, but the inner monologue was probably only known to the parties themselves. Now I should ask myself to make them uncomfortable.
When York-Schwyer came to HSBC's Taipan office, he felt a little uncomfortable when he looked at where Shen Bi was sitting. After all, he didn't go down to greet him, so he felt that he was not taken seriously. But now the situation is weaker than people, and there are still requests for the other party, so I can only endure it first.
After seeing York-Wyer come in, Shen Bi stood up and said, "Welcome, Mr. Wyer. I just didn't go down to greet you, I hope you don't be surprised. ”
Although Shen Bi knew that the other party had a request for him, he still had to give the face he should give. After this incident, he will definitely offend Bao Zixuan, if he makes York-Shi Wyer hate himself, then he will really lose his wife and soldiers, and the gains outweigh the losses.
York-Schwya: "Shen Bi Taipan has a lot of opportunities, don't care too much. We are all citizens of the British Empire, and there is no need for red tape! This time I came here because I wanted to ask Shen Bi for help, and for the sake of the friendship between HSBC and Swire for so many years, I also asked Shen Taipan to give me a face. ”
In fact, Shen Bi didn't really want to pay attention to York-Shi Huaiya, if there were two people in Xiangjiang who didn't give Shen Bi face. One is Simon Keswick, and the other is definitely York-Schwyer. Jardine Matheson and Swire Matheson were not weaker than HSBC at their peak, and Shen Bi was just a senior worker.
Shen Bi: "Swire & Co. is strong, and it needs HSBC's help. ”
York-Schwya: "Shen Bi Taipan don't laugh at me, I didn't care about your previous reminder." I apologize to you here, thinking that Cathay Pacific is not a listed company, Bao Zixuan is rich, and there is no way to do it if he is capable. But who would have thought that he would dare to act against Taikoo Yang. ”
"I wasn't satisfied with the acquisition of Hutchison Whampoa before, and it was really impossible for our Shi Huaiya family to bully. But then again, in recent years, the overseas expansion has been too fast, which has made the department's funds a little tight. Therefore, I would like to disassemble some of them with HSBC this time, and you have been in contact with Bao Zixuan to understand his personality and temperament, and I would like to ask you how to deal with this crisis. ”
After Bao Zixuan's acquisition of Hutchison Whampoa and Pao Yugang's acquisition of Wharf, there were some changes to Heungjiang's Listed Company Law. The shareholding ratio has been changed from 49% to 33.4%, and the purpose is to protect the old British enterprises. After all, the holding family of the old British-funded enterprise is not very old due to its age. If there is a wind and grass, it is good to have a guarantee, but who would have thought that Bao Zixuan was completely smashed with money, the purpose was to be able to tear off a piece of meat on Swire & Co.
Shen Bi: "Bao Zixuan only forced Swire to get Cathay Pacific, and it is estimated that he had also issued a similar acquisition intention to Swire Pacific before. ”
In fact, after Bao Zixuan's unsuccessful acquisition of HSBC's shares in China Thai Airways, he really sent an acquisition application to Swire & Co. But although there was a reminder from Shen Bi at that time, York-Schwyath still regarded him as a joke. After all, Cathay Pacific is one of Swire's most important assets and cannot be sold easily.
asked people to directly reject Heiyun's willingness to buy, and his attitude was very tough, even a little bad. This strengthened Bao Zixuan's determination to have to be uncomfortable with Swire & Co.
York-Schwyagh: "I really don't care, but the priority now is how to solve the problem of Swire & Co. If Taikoo changes hands, then all the family's years of hard work will be nullified. So I would like to ask you to help see how to deal with this crisis. We don't want the Chinese to control the economy of Hong Kong, so we are still unanimous on this point!"
"There are two ways to solve this dilemma, one is to give up Cathay Pacific. Let Bao Zixuan complete the acquisition, only in this way can he eliminate his anger. ”
York-Schwya's nose was almost crooked when he heard it, and if I did, I would have to ask you, and I would have come and beg you, it was so much to take it for granted. So he said with a little anger: "Shen Bi Taipan still said the second way!"