Cathay Pacific Airways, founded in 1946, is the first airline in Hong Kong to provide civil aviation services, a member of the Swire group and one of the founding members of oneworld, with Hong Kong Airport as its hub, and its subsidiaries include Dragonair and AHK Airlines.

On March 27, 2019, Cathay Pacific announced that Cathay Pacific spent HK$4.9 billion to acquire 100% of the shares of Hong Kong Express, which will become a wholly-owned subsidiary of Cathay Pacific.

It can be said that Cathay Pacific dominates the entire Hong Kong aviation market.

At its peak, Cathay Pacific's market value was around 80 billion yuan.

The three-year cold winter is undoubtedly fatal for the aviation industry.

Cathay Pacific is no exception, on August 12, 2020, Hong Kong Cathay Pacific Airways released its 2020 interim results report, Cathay Pacific lost HK$9.865 billion in the first half of the year, and the profit in the same period in 2019 was HK$1.347 billion.

As soon as the interim results came out, Cathay Pacific's share price continued to fall.

In the past three years, Cathay Pacific's share price has shown a downward trend as a whole, and now it is about HK$21 per share, with a market value of about HK$50 billion.

Today, among the major shareholders of Cathay Pacific, Swire holds 45% of the shares, Qatar Airways holds 9.99% of the shares, and these two alone hold almost 55% of the shares!

The major shareholders hold a total of 84.98% of the shares, and the shares that are really circulating in the market are almost 15%.

"Huo Gongzi, Swire firmly controls Cathay Pacific, if Swire is unwilling, it will not be easy to attack Cathay Pacific." Li Hao frowned slightly, frowning.

"Cathay Pacific lost HK$21.648 billion in 2020, HK$5.53 billion in 2021, and HK$7.162 billion in 2022, and this year because of the recovery of the aviation market and the sale of some assets, it made a profit of HK$4.268 billion in half a year." Huo Gongzi said slowly: "Huge losses, uncertain prospects, and increasing risks, if Swire is smarter, he will definitely take the money and leave." ”

In the past, Xiangjiang was the world of the four major foreign companies, and its tentacles extended into all aspects of the entire Xiangjiang. It was only later, with the sudden change in the situation, Chinese capital gradually developed and expanded, and continued to take meat from the four major foreign companies, Jardine Matheson, Wheelock, and Hutchison were defeated successively, leaving only one Swire foreign company.

In the past few decades, Swire & Co. has developed quite well, operating real estate, aviation, shipping, beverages, industry and trade.

For example, the famous Swire drink in the mainland is actually from Swire & Co.

"The Shi Waiya family, the business in Europe and the United States in recent years is not very ideal, why don't they need a lot of cash." Huo Gongzi smiled lightly.

Swire & Co., oh, should now be called Swire Group, although Swire Group is listed in Hong Kong, but this company is headquartered in London, England, and is controlled by the British Swire Group, which holds a stake in the Hong Kong Swire Group.

With Swire Group's shareholding in Swire Group, it is unlikely that outsiders will be able to snatch control of Swire Group from Swire Group.

The family that controls the British Swire Group is the Schwyath family, and the head of this company has always been a member of the Schwya's family, and the Schwya's family has a strong control over the Swire Group.

Li Hao was thoughtful.

For Xiangjiang's understanding, Li Hao is obviously inferior to Huo Gongzi.

After all, this one was cultivated by the Huo family with great effort, and his ability is still quite good.

Li Hao did not doubt what Huo Gongzi said.

After all, life in the UK has been really difficult in recent years.

"Huo Gongzi, are you sure that you can take the shares of China Thai Airways in the hands of Swire Group?" Li Hao looked at Huo Gongzi.

If it can be won, then it is indeed a good asset.

"Forty percent sure." Huo Gongzi said.

Li Hao nodded, forty percent of it was enough, it was enough to fight.

Of course, the acquisition of Cathay Pacific Airways, if there is no Xiangjiang snake like the Huo family, then there is no doubt that it will be extremely difficult.

With a little agitation, you can set off outrage.

But with the Huo family, it's different.

An old giant, the influence of which should not be underestimated.

"Huo Gongzi thinks that if the acquisition of Heung Kong Swire Group is successful, is there any possibility of success?" Li Hao said suddenly.

But Li Hao is very interested in the Hongjiang Swire Group.

British Swire Group, there is no way, the distance is too far, the connections and influence are far inferior to others, and it is completely impossible to win it.

However, the Hongjiang Swire Group does not necessarily have a chance.

Huo Gongzi was stunned, and then frowned, he didn't expect Li Hao to have such a big appetite.

You must know that the Xiangjiang Swire Group is already a behemoth, even much stronger than the entire Huo family. Today, the Hongkong Swire Group operates in the areas of shipping, aviation, real estate, transportation, refrigeration, trading and industry, insurance, agriculture and retail. Among them, the total market value of companies listed in Hong Kong alone exceeds HK$200 billion. The scale of the Swire non-listed company, the vast majority of people are not clear, and it is estimated that only the descendants of the Shi Huaiya family can make it clear.

"Two percent, no more than three percent at most." Huo Gongzi frowned: "And the acquisition of funds requires a lot, a lot." ”

You must know that before the Swire Group, it could earn 60 billion Hong Kong dollars a year, which can be said to be a daily profit.

It is understandably difficult to acquire the entire Heung Kong Swire Group, and if the Schwya's family is unwilling, there is no possibility.

Li Hao nodded slightly, already hearing the meaning of Huo Gongzi's words.

It is no longer the idea of the entire Swire Group of Hong Kong, but focuses on Cathay Pacific.

Hong Kong Swire Group owns 45% of Cathay Pacific's shares, and Cathay Pacific has a market value of about HK$50 billion, which means that this part of the stake needs HK$22.5 billion, which is HK$25 billion to HK$30 billion, considering that such acquisitions tend to have a premium.

The two discussed it, and the matter was settled, and then it was up to contact.

In the evening, return to your hotel.

"You're crazy to have Cathay Pacific's idea." Jing Tian said with emotion: "The Swire Group is quite powerful, and its strength in Xiangjiang is very strong, but it can continue to grow and develop in the face of Chinese capital, and the people of the Shi Huaiya family are not simple. ”

The Schwya's family, which is one of the few families that has been able to maintain prosperity for more than a hundred years, has been prosperous for one hundred and fifty years.

The elite education of many families in Britain is indeed extraordinary.

"Yes, Cathay Pacific was quite arrogant about the blanket before." Tong Liya said.

"It's just contact now, and it's not clear whether it can be negotiated." Li Hao smiled and said.

If you can win Cathay Pacific, it is naturally the best, not only because this is a good asset, but also because of the extension of TVB's e-commerce territory, which can greatly speed up through air transportation, so as to enhance competitiveness.

Now it still belongs to the eight characters and has not yet been skimmed, whether it is successful or not, it is not clear at all.

However, coming to Xiangjiang this time also made Li Hao see that the major families in Xiangjiang are not monolithic, but each has its own abacus.

(End of chapter)