Chapter 667
Li Xuan had just returned to Hong Kong, and a lobbyist immediately came to the door, and this person was also Li Xuan's old acquaintance, HSBC Group's Taipanpo Weishi.
Before the advent of the Eastern Bloc, HSBC Taipan was nicknamed the "underground governor" of Hong Kong by Hong Kong people. The bank's tentacles are located in almost every corner of Hong Kong's economy. The reason why Li Jiacheng was able to successfully acquire the old foreign company Hutchison Whampoa was also because HSBC agreed to transfer the 90 million shares of Hutchison Whampoa held by his hands to him.
HSBC also holds a 10% stake in Cathay Pacific, making it the third largest shareholder after Swire and CITIC Pacific. Therefore, after the God of Wealth Lee suddenly entered the aviation industry with great fanfare, Pu Weishi had to stand up and be a peacemaker, so as not to damage the interests of HSBC due to the war between Cathay Pacific and Dragonair.
"Mr. Pu Weishi, has HSBC considered selling the part of Cathay Pacific equity in your hands, I am willing to buy it at a high price!" Li Xuan invited Pu Weishi to taste tea in the living room, tea was a gift from a central leader when he was in the capital before, and it was the best Ming Qian Longjing this year.
"Li Sheng, you are anti-guest-oriented, if you enter the board of directors of Cathay, then the Swire Group and the Schwyaw family will really have no way back, and they can only let Cathay and Hong Kong Dragon fight to the death!" Pu Weishi has been in Hong Kong for many years, and Chinese has been spoken very slippery.
"Haha, your idiom 'anti-guest-oriented' is not right, this is my home, and I am the master!" Li Xuan said with a meaningful smile.
"Li Sheng, let me tell you straight to the point, Cathay Pacific is willing to take out the two golden routes of Hong Kong, Shanghai and Hong Kong-Beijing to replace the business aviation business of Huaxing Airlines! From now on, Cathay Pacific and Ganglong will divide the river, and Ganglong will specialize in the routes between Hong Kong and the mainland, while Cathay Pacific will completely withdraw from the mainland market and only operate business from Hong Kong to other international regions. The two airlines compete differently, and everyone makes money together!" said Pu Weishi.
"Hehe, you don't know the attendance rate of the various routes between Hong Kong and the mainland, and almost all of them are in a state of loss! You want to kill the greater possibility of Hong Kong Dragon's future by giving up the two routes of Hong Kong, Shanghai and Hong Kong, and Beijing, and let me take the fat of business aviation, this abacus is very loud!" Li Xuan said with a smile.
Thanks to the rise of the Eastern Bloc, Hong Kong has become the center of Asia's electronics industry. Around computers, game consoles, home appliances and other electronic products, Hong Kong and the surrounding Japan, South Korea, China's Taiwan-Gulf, Chinese mainland, as well as Southeast Asia, Europe and the United States, have formed a large and complex production and marketing chain system, making business exchanges between Hong Kong and these regions more frequent.
In fact, Cathay Pacific is also one of the beneficiaries, with its first class and business class occupancy on international flights growing rapidly for nearly a decade. The demand for higher-end business travel has led to the rise of business aviation. As the only airline in Hong Kong that provides professional business charter flights, AHK's profits in the business aviation field have also been growing rapidly, so Li Xuancai said that this is a big piece of fat.
"China, a huge market with a population of 1.2 billion, has been growing at a very high level over the past decade!
"Haha, it turns out that Mr. Pu Weishi, you are so optimistic about the future of China's economy, as far as I know, China's foreign exchange credit demand has been very strong, I wonder if HSBC will change its strategy and actively enter the Chinese domestic market?" Li Xuan asked with a smile.
In recent years, HSBC has been pumping money out of Hong Kong for what it calls a global expansion. This is also an important reason why Jiahua Bank was able to quickly catch up with HSBC and start to replace it as the largest bank in Hong Kong. Li Xuan's question made Pu Weishi quite embarrassed and unable to answer. He personally did not agree with HSBC's withdrawal from Hong Kong, but the majority of Ho's board of directors called for the political risks brought about by the 97 limit.
"China's GDP growth rate for last year was announced a long time ago, and if I remember correctly, it should have been 4.1%. As far as I know, this year's situation should be even worse than last year's, and it is estimated that the probability will be below 4 percent! It is not so easy for a huge country like China to change from a planned economic system to a market economic system all at once!
The precedent of economic reform in the Soviet Union is already there, and the whole country is about to disintegrate! And China's problems are no small one, with soaring prices and serious triangular debts between enterprises. You also think that they can quickly return to the double-digit growth rate of the early eighties, I have to say that you are an optimistic person!" Li Xuan continued.
His remarks are also the general view of the international economic community on the next trend of China's economy. Few people can guess that China's low tide in the past two years is just a small setback on the road to rise, and from next year it will usher in another 20 years of rapid progress!
"I can accept the plan proposed by your Cathay Pacific to divide the river and rule the country, but we need to set a time limit, so we might as well take the new millennium as the boundary! I have always felt that the so-called 'one route, one airline' policy of the Aviation Department is extremely absurd, that is, bullying Hong Kong for not having a special anti-monopoly law!
Since Cathay Pacific is willing to give up the two routes out of Hong Kong, Shanghai and Hong Kong, then I can also take a step back and give Cathay Pacific three more years to enjoy the huge profits. From 2000 onwards, everyone will compete with their abilities!" Li Xuan said very domineeringly.
He was suggesting that the current aviation bill could be overturned after Hong Kong's return to the motherland. And the reason why Cathay Pacific has come to Li Xuan for consultation one after another is precisely because of the same concern! As the new "underground czar" of Hong Kong's economy, Li Xuan's threat has never stopped at just lip service!
"I will truthfully convey your proposal to the board of directors of Cathay Pacific, but the premise for the two sides to achieve the division of the river is that Huamin's business aviation business must be transferred to Cathay Pacific!"
If AHK continues to retain its business aviation business, it will be equivalent to establishing a fulcrum in the international aviation market. Dragonair can take advantage of the existing business charter business to gradually familiarize itself with international routes and the aviation markets of various countries, accumulate experience for entering the global civil aviation market in the future, and expand rapidly when the time comes!
Therefore, Cathay Pacific's strategy is clear, it is imperative to cut off all the tentacles of Dragonair's reach into the international market. In this way, even if Ganglong enters the global civil aviation market in the future, it needs to start from scratch, which will greatly slow down the pace of its development.
After thinking about it for a while, Li Xuan understood the other party's intentions. However, Cathay Pacific has obviously completely misjudged the development potential and speed of the Chinese market, and in fact, since the Southern Tour of 92, the exchanges between Hong Kong and the mainland have entered an explosive growth. The aviation market between Hong Kong and the mainland alone is enough for Dragonair to survive for a long time.
"In principle, I have no objection to Huakong's sale of the business aviation business, and you Cathay Pacific must make a reasonable offer at that time!" Li Xuan finally said.