Chapter 656
The person who was anxious to see Li Xuan was none other than Adrian Schwya, the chairman of the Swire group and the current head of the Schwyawah family. The English name of the Swire group is "Sire", and if the word is transliterated into Chinese, it becomes Shi Huaiya.
Westerners like to use the family name as the name of the company, and the Schwyawah family is no exception. This is similar to our ancient Zhang Ji rice shop and Wang Ji restaurant.
So Sire Group translated into Chinese, obviously it should be the Schwyag Group, but why did it become the Swire Group in the Chinese population?
The story begins with John Schwya, the founder of the Swire Group. He came to the East from Liverpool, England in 1861 and founded a trading company in the Shanghai-Hai Concession.
In order to make it easier for Chinese businessmen to remember the name of their company, he specially asked the British consul in Shanghai at the time to give his company a Chinese name.
The reason why Mr. Consul chose the word "Swire" is that he hopes that this company will develop into a large-scale and long-established enterprise in the future!
No one could have imagined that more than 100 years later, Swire would indeed become a large-scale century-old shop, as its name suggests.
Compared with Wheelock, Hutchison Whampoa, Jardine Matheson and other British foreign firms of the same era, because of such and such mistakes, or were acquired by Chinese capital, or gradually faded out of Hong Kong, only Swire & Co. has not weakened, but has become more and more prosperous in the past ten years!
Moreover, in the entrepreneurial history of the group for more than 100 years, the Schwyaw family has never lost control of the company, which also shows the strength of this family.
But there are also concerns behind the prosperity, and the imminent loss of control of Hong Kong by the United Kingdom has deprived British capital such as Swire Group of the most reliable umbrella in Hong Kong.
Swire's core business, whether it's aviation or real estate, is based on Hong Kong, so there's no way the Schwyawer family can just walk away.
In order to cope with the uncertain challenges of the future, the Schwya's family has actually begun to prepare for the challenges early. The introduction of CITIC-Futai to Cathay Pacific as a shareholder is Adrian Schwya's pride.
If it is just to deal with Dragonair, Swire Group does not need to give up such a big interest at all. You must know that at that time, CITIC Futai only spent 2.3 billion Hong Kong dollars to acquire a 12.5% stake in Cathay.
This price can be said to be cheap, otherwise with Cathay Pacific's excellent performance over the years, even if the price reaches 3 billion, there are people who are willing to take over.
However, the Schwyer family and the Swire group are interested in the special background of CITIC Futai. You must know that of the HK$2.3 billion they raised for their stake in Cathay, 800 million was directly approved by the State Council.
The moral behind this made the Shi Huaiya family, who were originally full of fear about the future after Ninety-seven, instantly put down more than half of their hearts.
And what the Schwya's family didn't expect was that CITIC Futai actually reciprocated the favor and was willing to come forward to operate the acquisition of Dragonair on their behalf. Such a good thing of drowsiness and pillow almost didn't make Adrian wake up laughing in the middle of the night!
However, just when the entire senior management of Cathay Pacific Airlines thought that the acquisition of Hong Kong Dragon had been secured, they did not expect that things would suddenly turn around and kill Huaxing Airlines halfway.
When AHK officially issued an announcement announcing that it had completed absolute control of Dragonair, Adrian's first reaction was disbelief.
However, Dragonair subsequently also issued an announcement that the company's original first and second largest shareholders officially withdrew from Dragonair by way of equity transfer. In order to cooperate with Huamin Company's strategic restructuring of Ganglong, the original board of directors of the company all resigned with immediate effect!
The first and second shareholders, who were about to negotiate with CITIC Futai, suddenly turned against each other without any prior communication. Even Cao Guangbiao, the happiest person on the board of directors of Ganglong, chose to resign from Ganglong in order to cooperate with Huamin Company!
Why does Huamin have such a big face and such a big courage to cut off the Hu in the hands of Zhongxin Futai?
Adrian quickly found out the reason -- the famous God of Wealth Li made a move! Two of his unknown investment funds turned out to be important shareholders of Huaxing Airlines.
This news is even more difficult for Cathay Pacific's management to accept than the acquisition of Dragonair. The aviation industry is a highly capital-intensive industry, and the total share capital of Dragonair is only 600 million Hong Kong dollars.
After all, it costs hundreds of millions of Hong Kong dollars to sell a Boeing plane, and if you choose to lease it, the operating costs are much higher.
However, Huamin Airlines, which was established before and after Dragonair, has never encountered financial problems. Before, everyone thought that the COO of their company who was born on Wall Street was very powerful, and he could continuously find a large amount of venture capital from overseas.
Until now, looking back, in addition to owning a huge Eastern Bloc, Li is a big player in the venture capital world. How could such a promising company emerge in Hong Kong escape his eyes.
The LH investment fund that is only blamed on the God of Wealth Li is so famous that when it comes to Li Xuan's other investments, everyone will naturally think of the LH fund. But who stipulated that the God of Wealth Li could not set up a second or third investment fund?
Now Huamin has suddenly merged with Ganglong, and the new company's business includes business aviation, passenger aviation, and cargo aviation at the same time, and its business area is more complete than Cathay Pacific.
You must know that Dragonair is in the hands of Cao Guangbiao and in the hands of Li Li, the God of Wealth, which is not the same concept at all!
In the past, Cathay Pacific was able to play Hong Kong Dragon to death, but now it is likely that Li Xuan will take the initiative to find trouble with Cathay Pacific and even the entire Swire Group.
The reason why Li Ka-shing suddenly attacked the Kadoorie family before has been spread in the capital circles of Hong Kong, all of which turned out to be instigated and agitated by the God of Wealth Lee behind his back, with the purpose of hunting down British capital.
And now Li Xuan is quiet, and suddenly inserts his hand into the aviation industry, which can't help but make the Shi Huaiya family wonder if the God of Wealth Li has been eyeing him for a long time?
Compared with the Kadoorie family, which has just been hit hard, the Schwyaw family does not have the problem of controlling the company. The first two of Swire Group's three most important subsidiaries – Swire Properties, Swire Cola and Cathay Pacific – are not listed, and although the last one is listed on the Hong Kong stock market, the Schwya-Wise family has never held less than 50% of its shares.
But the shadow of the so-called famous tree, Li Xuan's past fierce achievements and the size of the Eastern Group are there, and the Shi Huaiya family can't help but pay attention to it!