Without the Lee Group in the back of the dilemma, Wooden Schwyay is actively in contact with the intention of acquiring Swire Pacific Limited's 70% stake in Cathay Pacific Airways, and does not need to be as troublesome as the previous board of directors proposed.

According to the plan at that time, they also needed to divide the shares in Cathay Pacific Airways with the shareholders, especially the retail investors, which was particularly troublesome, and without the stop of Li Guangyu's side, they could directly package and sell it in the name of Swire Pacific Limited.

In a box at the Four Seasons Hotel, Fok Ying-tung, Cao Guangbiao and Hu Yingxiang discussed the sale of Cathay Pacific shares by Swire Pacific Limited.

Cao Guangbiao said: "Yingdong, Yingxiang, at present, because Li Guangyu established Xiangjiang Airlines, the Shi Huaiya family is not optimistic about the competition with the Li consortium in the future." Like Shen Bi, they all want to sell their shares in Cathay Pacific Airways, and even Heung Kong Aircraft Engineering has already sold to Heung Kong Airlines. ”

Fok Ying-tung said: "Guangbiao, the British-funded consortium all want to make high profits, and before the establishment of Heung Kong Airlines, they have been monopolizing the aviation market in Hong Kong. Now that Li Guangyu has entered the market, they know that the high profits they used to have are gone, and the current market value of the sale is not bad. When the time comes, after Xiangjiang Airlines squeezes their market, Cathay Pacific Airways will not be worthy. ”

Although Li Guangyu is not consistent with them on some issues, Fok Yingdong still appreciates some of Li Guangyu's practices in Xiangjiang, and the profitability of several companies under Li Guangyu that serve public services is quite low. With the rapid development of Xiangjiang's economy, the fares of Li Guangyu's bus company still maintain the price at the time of his purchase.

The same is true for the telephone group, and as a shareholder of the Heung Kong Electric Light Group, this time the group is required to replace the aging wiring of the group to better serve the citizens of Hong Kong. This is also the reason why the British-funded consortium is eager to sell Cathay Pacific, and all walks of life in Hong Kong know that after Li Guangyu enters, the price of air tickets in Hong Kong will drop by at least two layers.

Hu Yingxiang said: "The question now is whether we should take over the shares of Swire Pacific in order to achieve the goal of controlling Cathay Pacific Airways. Where do we get our money if we need to, and we can't pull out any extra money after we bought the shares in HSBC. And this time it's 70% of the shares, and based on the price we bought HSBC, we need 4.2 billion Hong Kong dollars. ”

Cao Guangbiao was silent when he heard this, although he really hoped that they could take a wholly-owned controlling stake in Cathay Pacific Airways, but this huge amount of money made him have to give up such an idea.

This problem is more difficult to solve, although they have the heart to eat this part of the shares, but the strength is not enough, and they do not have a good way. Once Swire Pacific shares were bought by other consortia, they would not have much power in Cathay Pacific.

Fok Yingdong said: "It is unlikely that the three of us want to eat Cathay Pacific, we need to contact more Chinese families to join in, and take Cathay Pacific into our hands first, this time we can't let Cathay Pacific be controlled by other national consortia." ”

Fok Yingdong still hopes that they can take control of Cathay Pacific Airways, so that they can open more routes to the mainland and increase close communication between the mainland and Hong Kong. Although he knew that even if they didn't, Lee's airline would gradually open routes to the mainland. But it's more convenient to be able to control an airline on your own, and you can open it according to your own wishes.

Cao Guangbiao and Hu Yingxiang both agreed with Fok Yingdong's idea, and they both wanted to eat Cathay Pacific Airways, so that they could better promote exchanges between Hong Kong and the mainland.

Although Li Guangyu's airline also hopes to open mainland routes, Li Guangyu is obviously implementing his globalization strategy, and it is unlikely that Xiangjiang Airlines will have too much energy to take care of the mainland market, especially some money-losing routes, and it is estimated that Xiangjiang Airlines will not open them.

However, what Cao Guangbiao is a little puzzled about is that Li Guangyu himself is one of the major shareholders of Swire Pacific Limited, so why he did not buy Cathay Pacific Airways to monopolize the aviation market in Hong Kong.

There is absolutely no problem in using Li Guangyu's financial resources to acquire the shares of Cathay Pacific Airways, and I don't know how Li Guangyu plans to do so this time.

Huo Yingdong didn't know much about Cao Guangbiao's question, and he couldn't see Li Guangyu clearly. Sometimes Li Guangyu's approach is very much to a businessman, such as political issues, Li Guangyu is a person who never talks about politics, only does business, which also makes his group's business in various regions not affected too much.

However, there are some issues that are not very businessmen's practices, such as the Kowloon Motor Bus Company and the Heung Kong Electric Light Group and the Heung Kong Telephone Group, where others are in charge of the group in order to make the maximum profit within the profit range set by the government, but he does not make much profit every year.

They don't believe that Lee Kong Yu does not know the benefits of monopolizing the Hong Kong Airlines market, Fok Ying Tung said: "Maybe after we bought the shares of Cathay Pacific Airways in HSBC, Lee Kong Yu gave up the idea of buying Cathay Pacific." As you know, the reason why Lee Guangyu became the second largest shareholder of Swire Pacific was because of Cathay Pacific Airways. ”

Hu Yingxiang said: "At present, we should not study why Li Guangyu did not buy Cathay Pacific, or think about which families we should contact to work together to eat the shares in the hands of Swire Pacific Corporation, this time the amount of capital is quite large, not one or two can eat it." ”

Except for Li Guangyu, none of the major families in Xiangjiang has been able to raise so much money to acquire Cathay Pacific. The most important thing is that the current Hong Kong stock market has fallen to a low point, the economic situation is down, and most of the family's funds are in real estate, it is not easy to find a group of people to buy Cathay Pacific Airways.

Fok Yingdong said: "I will be responsible for contacting this aspect, and you can also contact your well-connected family to see if they are willing to buy Cathay Pacific with us." ”

Cao Guangbiao already has a candidate in mind, and he has decided to visit him in person at his home tonight to try to get him on board, and their chances of a successful acquisition will be greatly increased.

As the proposer of the acquisition of Cathay Pacific Airways, Cao Guangbiao naturally does not want the acquisition plan to fail, and he is quite optimistic about the future of Cathay Pacific Airways.

The reason why British capital is not optimistic about the future of Cathay Pacific Airways is mainly due to the issue of profits. Cao Guangbiao is not very worried in this regard, their advantage is much greater than Li Guangyu's Xiangjiang Airlines, at least after they take control of Cathay Pacific Airways, in the mainland market, Xiangjiang Airlines has to compete with themselves, which is absolutely at a disadvantage.

Cao Guangbiao said: "We have been in touch for the past two days, and then we will sit down together to discuss the acquisition of Cathay Pacific in detail, and strive to eat the shares of Cathay Pacific Airways in one fell swoop. ”