Reborn since 1993

Chapter 412 Knocking on the mountain and shaking the tiger
Now in Hong Kong, although the British are ready to withdraw completely and the Governor's power is not as strong as before, he still holds a nominal position and suppresses various industries in Hong Kong, especially the approval authority for land and licenses.

The Dadong Company was used by Britain to control the telephone and telecommunications industry in Hong Kong. Although Hong Kong Telecom, a subsidiary of the Dadong Company, is no longer the exclusive telecommunications company in Hong Kong, it is still the largest one, with annual revenue exceeding 10 billion Hong Kong dollars, making it an absolute cash cow.

A few years ago, when England was really preparing to leave Hong Kong City, he began to cash out his assets in Hong Kong City on a large scale, and he only wanted cash, not equity or anything like that.

Hong Kong City Telecom is now the fattest piece of meat. Whichever company acquires Hong Kong City Telecom will control the Hong Kong City telecommunications industry, so the competition is very fierce.

In order for Gangcheng Telecom to continue to maintain its advantage in Gangcheng, or to avoid being affected before being sold, Gangcheng Telecom was very reluctant to allow Xiaolingtong and PHS businesses to enter Gangcheng, and has been obstructing Ning's Trading Company from obtaining Gangcheng's telecommunications license.

Now the Hong Kong Telecommunications Authority is still nominally under the jurisdiction of the Governor of Hong Kong, which has delayed the application of the Hong Kong license by Ning's Trading Company.

This is also the main reason why there are rumors in Gangcheng that Ning's Trading Company, together with inland Dongling Hi-Tech, is going to acquire Gangcheng Telecom Company.

Ning's Trading Company alone would certainly not be able to swallow up Gangcheng Telecom Company, but with the addition of Dongling Hi-Tech, the situation would be different!

More importantly, Dongling Hi-Tech represents the mainland, and the entire Hong Kong city is aware that the mainland is extremely unwilling to let the telecommunications lifeline of Hong Kong city be taken away by foreign companies.

If Dongling Hi-Tech enters the market and can take over Gangcheng Telecom, it means that the telecommunications industry in Gangcheng is still in the hands of Chinese people. This is the main reason why this rumor has been widely circulated!

After all, logically speaking, it is completely feasible and feasible, otherwise it would not have been spread so convincingly.

"So, will Dongling Hi-Tech join the acquisition war of Hong Kong City Telecom and compete with Hutchison Telecommunications, Singapore Telecommunications, British Telecom, StarHub Group and even Nippon Telecommunications, which are all owned by the Hong Kong Li family, for Hong Kong City Telecom, which has a market value of US$185 billion?" Tong Lan asked, staring into Li Dongling's eyes.

"hiss"

Ren Yuefeng, Hu Zixian and other senior executives sitting in the back couldn't help but breathe a sigh of relief.

The acquisition of Hong Kong City Telecom is definitely a case of a small company swallowing an elephant, and this is true for all acquirers.

Hong Kong City Telecom is a listed company. Its stock price has been growing rapidly in recent years. Even though there have been some turmoil in Hong Kong City from time to time, it has not been able to stop its growth.

Everyone knows that there will be a fierce battle over Hong Kong City Telecom. Major acquirers will scramble to acquire Hong Kong City Telecom and raise its stock price and market value. Therefore, many Hong Kong city investment institutions, and even Wall Street, have come to hype and continuously push up the stock price of Hong Kong City Telecom, because they are not worried at all that there will be no takers.

As time goes by, it is estimated that the market value of Hong Kong City Telecom will increase faster, and its final market value may even increase to around 20 to 30 billion US dollars.

Hong Kong Telecom is now much more prosperous than China Telecom, China Unicom and other inland companies. It is now the largest telecommunications group in Asia, with businesses in Hong Kong and surrounding Southeast Asia. It has almost no debt, an annual profit of 29%, and assets of HK$ billion. This is definitely exaggerated, but the strength is definitely there, otherwise how could it attract so many wolves to rob it.

However, this was before. Starting a few years ago, Hong Kong City issued several telecommunications licenses one after another. Competition is fierce now, and the profits of Hong Kong City Telecom have begun to decline continuously. However, with the help of the Internet, it is estimated that it will be able to create a wave of Internet and broadband concepts.

In the previous life, after Hong Kong City Telecom and Pacific Century CyberWorks merged, it coincided with the Internet boom period. Coupled with the big pie of Hong Kong City Cyberport, the market value soared to more than 600 billion Hong Kong dollars.

Tong Lan and the interviewers from Phoenix TV were all staring at Li Dongling's expression. Li Dongling's statement would have a significant impact on the battle for Hong Kong City Telecom.

As long as they can get Li Dongling's statement, their trip all the way from Gangcheng to interview Li Dongling will not be in vain!

At this time, Li Dongling frowned slightly. He was a little hesitant about whether to join in the acquisition. This was not only a matter of raising a large sum of money for the acquisition. It could be an opportunity, or it could be a big pit!
The opportunity is of course the Internet era in the future. Hong Kong is one of the most famous international metropolises in the world. It is a dominant player in the telecommunications industry in Southeast Asia and Asia. Compared with domestic telecommunications companies that lack overseas experience, Hong Kong Telecom's brand awareness, influence, and experience make it easier to be accepted by Southeast Asian and overseas markets.

As long as the acquired Hong Kong City Telecom can seize the opportunity to enter the Southeast Asian telecommunications market, it will be much easier to promote mobile phones, broadband services, or future Internet services!
In the previous life, the Cheung Kong Li family was able to use the concept of Cyberport to increase the market value of the merged Hong Kong City Telecom to HK$600 billion. In terms of concepts and gimmicks, could Li Dongling be worse than the other party?

But we cannot just watch the wolf eat the meat without seeing the wolf being beaten. The risk of acquiring Gangcheng Telecom is also huge. Raising such a large amount of money, even if it is just a disguise, it can be distinguished from Dongling Hi-Tech to ensure that Dongling Hi-Tech will not be implicated by Gangcheng Telecom.

But the shell company still has to pay back the creditors. It's like putting a tight ring around Hong Kong City Telecom's neck and requiring it to pay huge amounts of interest to the creditors every year. If it can't make it in the future, the entire Hong Kong City Telecom will be in trouble.

Risk and opportunity have always been twin brothers. Who can gain the advantage depends on the level of the operator.

Li Dongling raised his head, and several photographers' cameras were also aimed at Li Dongling.

“No one knows who will take over Gangcheng Telecom, but Gangcheng Telecom should stay in Gangcheng!”

"So, when acquiring Hongcheng Telecom in the future, will Dongling Hi-Tech join hands with Ning's and make a joint offer?"

Faced with Tong Lan's question, Li Dongling did not answer, but just showed an ambiguous smile.

There are a thousand Hamlets in the eyes of a thousand people. Seeing Li Dongling's expression, Tong Lan was cheered up and felt that she had found the answer.

When submitting the interview manuscript to Asia Weekly, Tong Lan could say that Li Dongling was inclined towards Dongling Hi-Tech and was participating in the acquisition battle of Gangcheng Telecom.

Of course, how to write and report is Tong Lan and Asia Weekly’s business. As long as Li Dongling has not personally admitted it, they can "refute the rumors" at any time.

In fact, Li Dongming has not made up his mind yet whether to get involved or not. He wants to spread the word first to scare the enemy and see how the various parties in Hong Kong react. It will not be too late to make a decision later.

Such a large acquisition involves funds of possibly tens or hundreds of billions of US dollars. It is not so easy to accomplish. If it doesn't take three to five years, it is considered fast. As long as it has not reached the day of signing, the outcome is still uncertain. There is always a chance to change the situation. The only difference is the chips!

"Will Dongling Hi-Tech invest in Gangcheng Company in the future?" Tong Lan sorted out the interview records, checked the time, and saw that there were only a few minutes left, so she asked Li Dongling again.

"Of course!"

"If there is an opportunity, Dongling Hi-Tech will seek to invest in certain industries in Hong Kong City. Of course, we also welcome companies from Hong Kong City to invest in the inland. This will be the most valuable place for investment in the world in the future!"

Li Dongling's words are not empty talk. There are still many places worth investing in Hong Kong, such as the semiconductor industry which Dongling Hi-Tech needs most right now.

That’s right, Hong Kong also has a semiconductor industry. In fact, Hong Kong was also world-famous for its manufacturing industry 20 years ago, but most of them have moved away over the years.

As for the semiconductor industry, Hong Kong is now one of the most prosperous regions in the world except for Japan and Benz. It is even stronger than South Korea. Of course, it has been surpassed by South Korea in recent years.

Hong Kong once claimed that it would become the chip center of Asia and build Silicon Harbor. The founder of SMIC first planned to locate the site in Hong Kong, but in the end, he did not get the land...

(End of this chapter)