Chapter 599: The Anxious Kadoorie Family

At 3 p.m. the next day, the Heung Kong Electric Group held a press conference to announce to the outside world the shareholding of the Heung Kong Electric Light Group by the Heung Kong Zhonghua Investment Company and the Ho Investment Company.

The convening of this press conference has made some forces in Xiangjiang feel uneasy, and the news revealed in this could not be clearer, the Lee consortium and the Singapore consortium have reconciled, and the Singapore consortium will no longer be their help in the future.

The most nervous of these is the Kadoorie family, who now put the vast majority of their money in CLP Power, with Heung Kong Electric Group as their main rival.

In the past, when the Singapore consortium was in charge, their pressure was not too great, but now that so many families have joined forces to control the Heung Kong Electric Group, they have strong capital in their hands, and it is too easy to expand the Heung Kong Electric Group.

In the face of these shareholders of Heung Kong Electric Group, Roland Kadoorie is full of worries about the future of CLP Power, and he does not think that his Kadoorie family can withstand the cooperation of so many families.

Lorence Kadoorie knows very well that he can only rely on the British-funded consortium at this time, and Xiangjiang is still under British rule, as long as he has the help of the British-funded consortium, he can keep the current market of CLP Power to a certain extent.

It's not that he doesn't know the current decadence of the British-funded consortium, but at present, there are no superfluous forces in Xiangjiang for him to choose from, except for the British-funded consortium.

Upon receiving the news of the press conference from the Heung Kong Electric Group, Lorence Kadoorie immediately contacted several representatives of the British consortium to discuss with them about the current relationship between the Singapore consortium and the Lee consortium.

In the box of the Mandarin Oriental Hotel, Shen Bi, Henry Keswick, George LaVine and Wooden Poetry.

This time, in addition to Roland Kadoorie being more anxious, Wooden Shihuaia was also very nervous, the relationship between the Lee consortium and the Singapore consortium improved, once the two of them joined forces, their own Swire Pacific Co., Ltd. could not be controlled.

The two companies already hold more than 50% of the shares, which is very unfavorable for him to control the company, and maybe one day Swire Pacific will change hands.

The Singapore consortium was originally an opponent they found for the Lee consortium, but they didn't expect to create such a big trouble for themselves now, which made them feel that the gains outweighed the losses, and they even regretted looking for the Singapore consortium to take over.

After sitting down, Lorence Kadoorie said, "Shen Bi, Keswick...... You have also heard the news this afternoon, the Li consortium and the interest groups around him are constantly squeezing our living space in Xiangjiang. If this continues, I am afraid that it will not be long before we are all squeezed out of the Hong Kong market. ”

Shen Bi and George LaVine are relatively relaxed, it is not so easy for the Li consortium to squeeze out their two major banks, and the two of them control the power to issue Hong Kong dollar notes, and the Hong Kong government will not let them fall easily.

Henry Keswick and Wooddon Schwya's mood is much more solemn, the four major foreign companies are currently only their Jardine and Swire Jardine, Wheelock and Hutchison Whampoa have long been eaten by the Lee consortium, if this continues, they are estimated to follow in the footsteps of these two major foreign companies.

On the Swire group in particular, their flagship Swire Pacific is already quite dangerous, and once the Singapore consortium transfers its shares to the Lee consortium, then the company will change hands in an instant.

Wooden Shihuaia said, "Kadoorie, I don't know if you have any good advice?"

Now Shi Huaiya himself does not have much to do about the current situation, and at this time he can only hope that the Li consortium will not look down on the little things of Swire Pacific Corporation, otherwise they will definitely contact the Singapore consortium to buy their shares.

Based on the Singapore consortium's practice of ceding the shares of the Heung Kong Electric Light Group this time, it can be seen that they have paid a price that is not too high in order to make peace with the Lee consortium, and if the Lee consortium proposes to buy the shares of Swire Pacific Corporation, he believes that the Singapore consortium will not refuse.

Lorence Kadoorie said: "I don't know if you are interested in our CLP Power Group, but I plan to give up some of my shares. ”

This time, Roland is preparing to let these people join the China Power Group, which not only relieves the financial pressure on the Kadoorie family, but also has these groups to fight with him when facing the Heung Kong Electric Group.

Investing in a company like China Power Group, of course, these people are interested, such an investment risk is very small, and the rate of return is okay, and it is very secure, unlike some industries that may lose their money.

Of course, they also knew Roland Kadoorie's intentions, but they and the Lee Consortium had always been in a hostile state, and this time the Kadoorie family could also strengthen their strength.

Shen Bi said: "Kadoorie, we at HSBC are still very interested in CLP Power Group. You also know that the Li consortium is getting stronger and stronger now, in Xiangjiang, he can't tolerate our big groups, he just wants his Li consortium to become the only overlord in Xiangjiang, I don't want to survive in the Xiangjiang market, it is not possible to fight alone, only by reporting to the group to keep warm can his career continue in Xiangjiang. ”

For Li Guangyu's Sima Zhao's heart, the upper echelons of Xiangjiang are very clear, many families choose to stand on the side of the Li consortium, and some other Chinese families also maintain neutrality, whether the Li consortium becomes the overlord of Xiangjiang or not has little influence on them.

Only these top forces have become a thorn in the side of the Li consortium, and if they are not removed, the Li consortium will not feel at ease.

And now only a few of them in Xiangjiang are competing with the Li Consortium, needless to say, the Chinese family either belongs to the surrounding interest groups of the Li Consortium, or belongs to neutral forces, and other groups have also been almost suppressed by the Li Consortium.

Rorente Kadoorie now has no choice but to integrate into the British-funded consortium and face the pressure brought to him by the Lee consortium with them.

His family property is basically pressed in the China Power Group, once this group has problems, then his Kadoorie family will be finished, and Roland Kadoorie does not want the family's property to be ruined in his own hands.

Lorence Kadoorie said: "Shen Bi, I am also in favor of this matter, but we still need to negotiate some of the details, I don't want our CLP Power Group to be like Wellcome Supermarket, when you need to inject funds, your two major banks are thinking about stop-loss and exit at this time, and Jardine Matheson Group can only end the operation of Wellcome." ”

What can Shen Bi say about this, this matter is not something he can decide, if they are the controlling shareholders of the bank, they will definitely not let Wellcome Supermarket fall, but unfortunately he and George LaVine are both part-time workers, and when the industry they invested in is facing losses, they can only choose to follow the orders of the shareholders behind them.

This is also the fundamental reason why their British-funded consortium faces the frequent failures of the Li consortium, they can't twist into a rope at all, and the shareholders behind them have their own ideas.

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