People in Hong Kong create super chaebols

Chapter 402 Tell me about your conditions
Su Cheng opened the door directly and walked in.

He has been here many times and is not unfamiliar at all.

"Mr. Su, we meet again." Mailihao smiled and went up to greet him.

The last time the two met, Mailihao invited Su Cheng and others to the Governor's Mansion to discuss the second undersea tunnel.

It was only a month ago from today.

"Good morning, Mr. Governor." Su Cheng smiled and nodded.

"Come to the reception room over here and have a chat." Mailihao said, pointing in the direction of the coffee table.

Su Cheng nodded and followed.

Afterwards, the two of them sat opposite each other.

"Mr. Governor, why did you ask me to come to the Governor's Mansion this time?" Su Cheng asked directly.

Although he already knew the reason why Mailihao came to him, it was more suitable for him to pretend not to know anything at this time.

"Don't worry, I'll make a pot of tea first." Mailihao skillfully began to make a pot of black tea.

British people like to drink black tea.

After finishing the run, he poured a cup for Su Cheng and himself.

"Do I need to add milk and sugar?" Mailihao asked after pouring the food.

"No, I like to drink pure tea, thank you." Su Cheng refused with a smile.

Maliho picked up a carton of milk and poured it into his glass, then poured a few spoonfuls of sugar into it.

"I heard that Mr. Su plans to acquire China Electric Power Company?" After taking a sip, MacLehose put the cup down and asked.

"Yes, Mr. Governor, everyone in Hong Kong must know about this matter. I now hold 20.7% of the shares of CLP Power Company, and I am truly the second largest shareholder of CLP Power Company. If the Kadoorie family is willing, I hope to acquire their shares! If not, I will also find a way to acquire them or other remaining shares. You also know that I am not short of money now, but I am very optimistic about the future development potential of China Power. If I can acquire It will bring great help to me in the future." Su Cheng said with a proud smile.

At this time, Sioux City acted like it was determined to take down China Electric Power.

Governor Mailihao believed this.

Because, whether Sioux City had won Hutchison Whampoa or Hong Kong Electric Group, it had been decisive and direct.

If it weren't for the fact that HK Electric Group is a company in the public service industry, he would have probably already found a way to hold 100% of the shares in HK Electric Group.

In addition, there are Lai Sun Cinemas, Lisheng Cinemas, etc.

This is not just the view of Governor Maliho, but the view of the entire Hong Kong people.

Mai Lihao also knew that Sioux City was not only strong in Xiangjiang, but also very strong in the beautiful country.Directly send the former chairman to prison, and then fully control the famous Hollywood entertainment company Namei Entertainment.

There is also the famous chip company Intel Corporation and so on.

It can be seen from this that Sioux City has a very strong desire to possess enterprises, and it especially likes to privatize listed companies!

This is something that everyone recognizes.

"Mr. Su, in fact, the Governor's Office has never wanted the power supply to be monopolized by one company. This is why the previous Hong Kong Electric Power Supply Company was constantly being swallowed up. In the end, Hong Kong Electric Group and China Electric Power did not annex each other because of the government's intervention. Let them not allow the last one to become dominant. Therefore, on behalf of the government, I hope Mr. Su will not acquire CLP Power Company, otherwise it will be very difficult for us." MacLehose did not mince words, but said very directly.

His words were very straightforward. This matter was not specifically aimed at Sioux City, but was the government's policy.

"Mr. Governor, you also know that the power supply area of ​​our Hong Kong Electric Group is too small, and its development prospects are far inferior to those of China Electric Power Company. This is why I want to win over China Electric Power Company. Look, the entire Hong Kong Electric Power Company exceeds 1100 square kilometres. Today, Hong Kong Electric Group’s power supply range is limited to Xiangjiang Island and Lamma Island. The total area is only about 100 square kilometers. The rest is supplied by China Electric Power. What is this? Concept? Mr. Governor should understand that the power supply range of China Electric Power is ten times that of Hong Kong Electric Group!" Su Cheng stood up, came to the large map on the wall of the reception room, and pointed to the area above. Said with a smile.

If we only look at the map area, the gap between Hong Kong Electric Group and China Electric Power seems to be very large.

In fact, although CLP Power is ahead of the Hong Kong Electric Group, the scope of electricity supplied by CLP Power, except for the core areas in the southern part of the Kowloon Peninsula, is mostly in rural areas or mountains, which are basically very remote places. In this era , and cannot bring much profit to China Power.

The Hong Kong Electric Group occupies the most prosperous and core Central area, as well as Wanzi, Causeway Bay and other prosperous urban areas on the south bank of Victoria Harbor.

Therefore, in fact, although CLP Power is much stronger than Hong Kong Electric Group, it is not that many times exaggerated. At most, the valuation of Hong Kong Electric Group is 40 billion, and the valuation of China Electric Power Group is 50 billion. Just a difference.

However, Su City doesn't care about this. Just because these remote places are not valuable now doesn't mean they won't be valuable in the future.

For example, Lantau Island will not only become the site of a new airport in the future, but even Disneyland will be located on Lantau Island. To this end, it will bring many real estate developers and commercial facilities, allowing many places on Lantau Island to be developed.

Not to mention, the electricity consumption of just one world-class international airport is already very huge.

Another example is Tuen Mun, Tseung Kwan O and other places. Even though they are now desolate and don’t have many people, they will undergo major development in the future and become new markets with concentrated populations.

From the perspective of Suzhou City, these places are very valuable.

After hearing Su Cheng's words, Mailihao understood what he meant.

It is not impossible to prevent Sioux City from annexing China Electric Power, but the scope of influence of Hong Kong Electric Group is too small. Therefore, Sioux City is not satisfied, so it plans to annex China Electric Power.

"Then Mr. Su Cheng, tell me your conditions. If you can stop the acquisition of China Power, I can try to persuade Mr. Rowlands Kadoorie to make appropriate concessions. The business community in Xiangjiang is not big, and everyone is in harmony. Development is the right thing to do. The world is a big place and we have to go out and develop. That is the future of Hong Kong’s top enterprises!" said Mai Lihao with a smile.

For MacLehose, it doesn't matter which one has a larger territory and which one has a smaller territory, China Power and Hong Kong Electric Corporation.

After all, their government is only responsible for collecting taxes and has no interest in the rest.

Moreover, CLP Power is not a British-owned company, and MacLehose will not be partial to the Kadoorie family.

It was just because the government itself did not want one power supply company to dominate in Hong Kong, so it agreed with Rowlands Kadoorie to persuade Sioux City.

(End of this chapter)