Reborn since 1993

Chapter 903 Fanning the flames
After the British gradually withdrew from the port city, the influence of the inland began to increase in the port city.

In fact, this kind of influence has been showing up before, including stocks known as "red chips" such as Soitong, Lianxiang, and Founder, which have been listed in Hong Kong one after another.

But this influence is limited. Inland companies are not the most influential force in Hong Kong. Hong Kong still has the greatest voice and public opinion power represented by the Li family of Cheung Kong, the Guo family of Hong Kong, Henderson Land, the Zheng family, and British banks such as HSBC and Standard Chartered.

However, after Hong Kong City officially returned, this situation has become somewhat subtle. Domestic financial groups represented by Bank of China and China Resources have rapidly increased their influence in Hong Kong City.

When the British Governor's House was still in existence, representative companies from the mainland, such as the Bank of China, were suppressed by the British in Hong Kong. After all, the British still had the final say in Hong Kong at that time.

Once the British left and Hong Kong returned to China, the voice of the Bank of China and other companies representing the mainland in Hong Kong naturally soared.

This kind of influence was previously limited to state-owned companies that came to Hong Kong from the mainland. There were many things that Bank of China, China Resources, China Merchants, CITIC, etc. were not suitable to step in for, including the acquisition of Hong Kong Telecom.

With the strength of the above companies, they are all capable of taking over Hong Kong City Telecom, but being able to do so does not mean they will definitely succeed!
The port city is different from the inland. There are a large number of private companies here. It is also one of the world's three largest financial centers, and there are a large number of overseas companies and investment institutions in the port city.

If Hong Kong City had just returned and a domestic national team had swallowed up Hong Kong City Telecom, even if the latter insisted on selling itself, it would have an uncertain impact and even all kinds of rumors would appear, causing panic among the people.

This is also why there were rumors that Hong Kong City Telecom was going to be sold, and it might even be sold to Singapore Telecom, Australia's Macquarie Bank, America Pacific Group, etc. Although Yanjing was dissatisfied, it had been keeping its hands off and had not allowed the state-owned companies in Hong Kong City to take action, because it did not want any changes in Hong Kong City.

However, the emergence of Dongling Hi-Tech has changed things. Unlike Bank of China and others, Dongling Hi-Tech is a private company. Mr. Li is a model of starting from scratch, a representative of emerging technologies in Asia, and an idol admired by the younger generation.

Who would have rumors about such a person who acquired Hong Kong City Telecom and entered the Hong Kong City telecommunications industry? !
The last time Li Dongling came to Gangcheng, the commotion he caused was big enough. In recent years, Dongling Hi-Tech's investment in Gangcheng has also been increasing.

All parties in Hong Kong are naturally paying attention to Mr. Li's actions in Hong Kong, especially the old wealthy families in Hong Kong and companies like HSBC and Standard Chartered. Once Dongling Hi-Tech has established itself in Hong Kong and becomes a giant company in Hong Kong, no one can be sure what kind of commotion it will cause in Hong Kong!

If Dongling Hi-Tech really grows big in Gangcheng and becomes a new giant in Gangcheng, things that giants such as Bank of China, China Resources, and China Merchants Bank are not convenient to do in Gangcheng, such as acquiring Gangcheng Telecom, and certain acquisitions and transactions in Gangcheng, will not be taboos for Dongling Hi-Tech.

It is impossible that the Changjiang Li family can do what HSBC and Standard Chartered can do in Hong Kong City, but they cannot let Dongling Hi-Tech Hong Kong City Company do it. Is that fair? Isn't that bullying the honest people? !
……

"President Brown, we have received news that Li Dongling, the founder of Dongling Hi-Tech, has arrived in Hong Kong City and will hold a banquet tonight!"

Brown, who was processing documents at the Cable & Telegraph Company, the parent company of Hong Kong City Company, received a report from his subordinates.

Britain has been operating in Hong Kong for many years. Even though Britain has withdrawn and the Governor's Office has been abolished, there are still some people who are inclined towards Britain. This is inevitable.

Just like the Qing Dynasty has been gone for many years, but there are still people who can't forget it. It's not just people in China who can't forget it and praise it in various ways, but also people in America, old Europe and other places all miss the Qing Dynasty. In the end, they even became the Qing Dynasty.

If it were in England, the mentality of those who went to England would probably change only when their former high social status and high income people such as lawyers, teachers, Hong Kong government officials, and doctors become people who make a living by washing dishes, delivering takeout, and cleaning for the British.

Just think about it, after decades, the local Europeans can only earn two to three thousand euros a month.

Some local families even survive on welfare benefits from having children. When outsiders arrive, they expect to be the superiors and let the Anglo-Saxons, Germans, and Gallic roosters serve them and give up their jobs. Is that possible?
But that was in the future. Now, many people in Hong Kong still have their hearts set on Britain and are willing to work for the British. As a British company, Cable & Wireless is well-informed about news in Hong Kong.

"It's finally time to begin!"

Brown put down the pen in his hand. He had a hunch that Li Dongling's visit this time might be the moment to decide who would win the bid for Gangcheng Telecom.

Brown also felt that the time, place and people were all right. Of course, it was not good news for Hong Kong City Telecom now. Hong Kong City Telecom was affected by the Southeast Asian crisis, and its market value and stock price had fallen a lot.

But for any company that wants to acquire Hong Kong City Telecom, this is the best opportunity!

"Spread the news that Li Dongling has arrived in Gangcheng!"

"Also, contact the media and report on Cyberport, Metrolink, Singtel, and other companies that had been rumored to be acquired by Metrolink!"

"I need the media attention of the entire Hong Kong City, and even the entire Asia, to be focused on the acquisition of Hong Kong City Telecom." Brown instructed his men. He was ready to kill three birds with one stone!

So what if the current share price of Hong Kong City Telecom is low? As long as there are enough people rushing to buy Hong Kong City Telecom, they will raise the market value of Hong Kong City Telecom again!
It’s no wonder that Da Ying is an old scoundrel. He is really experienced in playing dirty tricks and tripping people up.

……

In an office building in Hong Kong City, there is a sign of Yingke Power hanging on the door. This is Li Zekai's company, but when the Hong Kong City media reports on him, they still prefer to add a prefix to his identity, "the second son of the Changjiang Li family", even though he really dislikes this prefix.

"Li Dongling has come to Hong Kong City!"

After receiving a phone call, Li Zekai spoke to his military advisor Yuan Tianfan with a serious expression.

Yuan Tianfan also put down what he was doing and shook his head, "In troubled times, those who come here are not kind!"

"The timing chosen by the other party is really a "good time"!"

Right now, the entire Hong Kong city is under the influence of Soros. Yingke Power is no exception and is in big trouble.

A few years ago, Yingke Power won the Tokyo subway property project of Nippon Benz, planning to build office buildings, shopping malls, and hotels. Now it has fallen into the trouble of suspension of work due to losses. To complete the project, Yingke Power had to invest 8 billion Hong Kong dollars in that piece of land.

Of course, it is impossible for Yingke Power to pay all the money by itself. A considerable part of it was borrowed from banks in Hong Kong, China and Japan. As a result, the banks are now unwilling to continue lending and even want to take back the money lent to Yingke Power.

Because the Japanese real estate market is also plummeting, the price of that piece of land has dropped a lot compared to when Yingke Power bought it. The bank doesn't dare to gamble whether Yingke Power has the money to complete the land. If Yingke Power suddenly runs away, the bank will be in trouble!
Now, Yingke Power is already struggling to solve the Tokyo Metro real estate project and is borrowing money everywhere. How can it have the spare energy to compete with Cyberport, which is supported by Tanglin Hi-Tech, for Hong Kong City Telecom? !

"Why not give up the Hong Kong City Telecom project for now? The Tokyo Metro project is the most important to Yingke Power right now!"

Yuan Tianfan proposed to Li Zekai that it was still hard to say whether Hong Kong City Telecom could be acquired, but if the funding of Tokyo Metro was not resolved, Yingke Power would go bankrupt. Which was more important?
But after hearing Yuan Tianfan's words, Li Zekai, who was already in a bad mood and had been in trouble recently, said angrily, "Yingke Power will never give up Hongcheng Telecom!"

"Do we want Yingke Power to surrender to the company from Hanxilai?"

The media had already hyped up the atmosphere, and the whole city of Hong Kong knew that he was going to take over Hong Kong Telecom.

The media also fabricated the news that the three Lis were competing for Hong Kong City Telecom. The Hanxi Li family, the Hong Kong City Changjiang Li family, and the Singapore Lee family, the three Lis were competing for Hong Kong City Telecom!
There are even Hong Kong media fanning the flames, saying that whoever takes over Hong Kong Telecom will be the largest financial company in Asia. Who exactly the person with the surname Li in Asia will be depends on this acquisition.

If Yingke Power retreats without a fight, Li Zekai's reputation in the industry will be completely ruined. In the future, the wealthy circles in Hong Kong will probably know how to plot against him in private, and it may even affect the status of the Cheung Kong Li family. How can Li Zekai retreat?

"But now, Yingke Power is really in trouble. The financial pressure is too great!"

"The Cable & Telegraph Company wants U.S. dollar cash. They need a lot of U.S. dollar cash flow to acquire Hong Kong City Telecom!"

Yuan Tianfan said to Li Zekai that the problem facing Yingke Power now is not the question of whether or not it wants to, but the question of simply being unable to come up with so much money.

But for Yingke Power, there is a solution. Everyone knows that Yingke Power has a giant backer. It just depends on whether Li Zekai is willing to bow his head.

Seeing Li Zekai's unwilling expression, Yuan Tianfan said, "Yingke Power can also seek support from HSBC, Standard Chartered, and Barclays Bank of England!
However, to get the support of those banks, you need to..."

Before Yuan Tianfan finished speaking, Li Zekai also knew what was going on. Those British banks lent him money without considering Yingke Power, how much collateral it could provide, or whether he could repay the money in the future. Instead, they looked at... his father!

After all, if the son cannot pay back the debt, the father has to pay it back. Although Boss Li of Changjiang has always been decisive in doing things, as a Chinese, especially a Chaozhou person, he cares a lot about kinship and family, and he is particularly fond of his youngest son.

Li Zekai really can't pay back his debts. Boss Li of Changjiang can only watch him being forced to pay back his debts. He can't live anymore, so he will definitely take action in the end.

(End of this chapter)