Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 674 "673" Hong Kong Governor: I regret not giving in earlier! The "Restriction of Powers Ordinance" passed!

After returning from the Peak,
The next day, Secretary Feynman put on makeup and secretly came to Causeway Bay.

Meeting place: Former Five Star Group Building.

He was invited to Guan Zu's original office, which was now converted into a reception room, and the staff made him a cup of coffee.

“Tap tap tap~~~”

He waited for a few minutes and then heard the sound of leather shoes outside the door.

Feynman looked over.

The door opens.

A man in a suit and tie with a stern face walked in.

Gao Jin!

Feynman: "Why you?"

Originally he had made an appointment with Guan Zu, but he didn't expect Guan Zu to not come.

Gao Jin: "The boss has something to do today, so he arranged for me to see you."

In fact, Guan Zu felt that Feynman was not qualified, so he sent Gao Jin over.

"Sit~~~"

One of them drank tea, the other drank coffee, and chatted about family matters, all following the usual routine.

After chatting for more than 10 minutes, the atmosphere was right.

Feynman became serious: "I came here on behalf of the Governor of Hong Kong and want to establish a cooperative relationship with Mr. Guan."

"In Hong Kong Island, we should not be enemies but friends."

Gao Jin smiled: "Our boss also meant the same thing. When your Governor came, our boss actually wanted to be friends with you, but you were too aggressive and not suitable to be friends. And now, your Governor has begun to calm down, and we can finally be friends."

Feynman smiled bitterly.

Why be calm?
Wasn't he beaten?

Feynman regained his composure and asked, "How much are you prepared to pay for the Restriction Ordinance?"

Gao Jin: "In view of this matter, it doesn't matter whether the Governor signs or not. One million US dollars."

100 million US dollars...

Feynman's heart skipped a beat.

As Gao Jin said, it doesn’t matter whether the Governor of Hong Kong signs or not, so it’s a bit surprising that he gave 100 million US dollars.

This five-star group is really arrogant
Money, it really gives!
At this moment, Feynman even felt a sense of regret: Damn, why didn’t we give in earlier?

The sooner you get soft, the sooner you can make money!

Damn~~ I missed a lot of US dollars!
Heartache, want to cry~~~
Feynman returned to his serious tone: "How exactly is the transaction?"

Gao Jin drank his tea leisurely: "According to our old rules, Swiss banks do not have bearer accounts. You provide us with your account number and we will transfer the money from overseas without passing through Hong Kong Island, without anyone noticing!"

Feynman gave a thumbs up: "Professional!"

Gao Jin: "Of course. After all, there are so many people working with us, and we already have a mature method."

"Happy cooperation!"

"Happy cooperation!"

The two shook hands, looked at each other, and laughed.

……

……

30 minutes later,
Gao Jin returned to the Five Star Group building.

office,
Guan Zu was putting fish food into the fish tank, watching the fish eat the food. They looked so cute, eating and sleeping, sleeping and eating, so comfortable, which made Guan Zu, who had turned into a cow and a horse, more and more angry...

Fuck, I won’t feed you anymore!
I'll starve you to death!

Guan Zu collected the fish food and threw it on the table.

Fishes: “…………”

No, you are childish!

Knock knock knock~~~~
"Brother Zu!"

Gao Jin knocked on the door and came in.

Guan Zu stood up: "Done?"

Gao Jin smiled: "It's done. The other party is very happy. It seems that he has really made up his mind."

Guan Zu laughed: "That's good."

In fact, if the Governor of Hong Kong signs, the result will be more perfect.

Although the ICAC has a crooked appearance, it is indeed a sharp sword.

Anti-corruption has always been a top priority in urban management, and the ICAC has always done a very good job and the citizens have great trust in it.

Guan Zu still hopes to retain its status and power.

of course,

It is also very necessary to put people in the cage of the law, otherwise it would be wrong to randomly hack people like in the previous life.

……

……

Feynman also returned to the Governor's House.

Secretary Alika walked out of the Governor's office and glanced at Feynman.

"Feynman, you are late."

Feynman sneered: "You are meddling too much, I am the first secretary!"

Alika: “Heh~~~”

He left with a twisted waist.

Feynman's eyes darkened slightly. If it weren't for the heart-to-heart talk on the top of Victoria Peak yesterday, he was really worried that Ashdown would not be able to distinguish the important from the serious and would dare to trust any woman.

He walked into the office.

Ashdown met his eyes.

Feynman walked over and reported in a low voice.

"$100 million?"

Ashdown was a bit of a surprise.

"Yes." Feynman nodded.

"Feynman, I regret this a little bit."

"??"

"I regret why I didn't cooperate with Guan Zu earlier."

this moment,
Ashdown began to regret his original great ideals.

How much is an ideal worth?
Ashdown took out the "Regulations of Restriction" and without saying a word, he took out a pen and signed his name.

As for whether Guan Zu would not give the money?

This is somewhat insulting to Guan Zu and also somewhat insulting to Ashdown's IQ.

in the afternoon,

Ashdown called Major in Downing Street, Great Britain.

"Mr. Prime Minister, I finally chose to sign..."

“First, we still need the reputation of ICAC, and we will still need it to do things in the future.”

"Secondly, we need to temporarily give in and relax Guan Zu's vigilance... After all, our real goal is the "Parasite Project"..."

Ashdown's reason was approved by Major.

"it is good!"

……

New week,
The latest revised version of the Restrictions Ordinance was officially published in the Gazette.

All media in Hong Kong reported this incident together.

the next day,
Guan Zu got up early in the morning, went downstairs and bought a copy of the Oriental Daily News.

It used the headline without any accident:

"Power is finally in a cage! The "Restriction Ordinance" officially takes effect, the Special Branch and the ICAC must be supervised by the Legislative Council"

Guan Zu looked at the contents again:

"Yesterday, the "Limitation of Powers of the Special Branch and the Independent Commission Against Corruption Ordinance" (hereinafter referred to as the "Limitation of Powers Ordinance") was officially promulgated in the Gazette, marking the first time that the power operations of the two major law enforcement agencies will be included in the supervision framework of the Legislative Council."

“According to the regulations, future high-level investigations by the Special Branch and the ICAC will need to be approved by the committee to ensure that the process is legal and transparent.”

"Legislative Council President John said: The new ordinance aims to balance law enforcement efficiency and citizens' rights and interests and avoid abuse of power."

"Deputy Chairman Guan Zu emphasized that the core of the rule of law is checks and balances, and no institution should be above the law."

Guan Zu was happy.

The report by Oriental Daily is of quite high standard.

Being the largest newspaper is no fluke.

Guan Zu read another newspaper.

"Ming Pao"

Ever since Mr. Cha was fooled and sold Ming Pao and lost control, the new owner has led Ming Pao to rapid development and has been trying to get closer to Oriental Daily News. Mr. Cha now doesn't even dare to read Ming Pao, for fear of being so angry that he will vomit blood.

Headline: From the Special Branch Scandal to Power Reform

"The exposure of the Special Branch surveillance files last time finally led to the rapid passage of the Restriction Ordinance."

"Many residents in the restaurant said, 'It should have been done long ago! Is wiretapping and assassination also a legal offense?'"

"Mr. Chen, a white-collar worker in Central, said: The ICAC has handled many major cases, but if there is no supervision, who can guarantee that it will not become a political tool?"

“Some people in the legal profession are also worried that the approval process may hinder the efficiency of anti-corruption, but the president of the Bar Association believes that procedural justice and law enforcement effectiveness need to be balanced, and transparency can enhance credibility.”

……

……

Some are happy and some are sad.

The Political Department was worried, but not that worried. After all, it was going to be disbanded and the people had already been arranged.

The ICAC is even more worried.

"Legislative Council, aren't you afraid of our investigation?"

"What kind of power committee is this? This is clearly an attempt to tie our hands and feet!"

The senior executives were furious.

Some people kept smoking.

Someone threw a newspaper.

Someone sneered.

Some people are unwilling.

Most people believe that this move is a serious weakening of the ICAC's independence, and some even contacted London privately to seek support.

On the contrary, many "local" staff hold a different attitude, believing that checks and balances are indeed necessary, especially with regard to the abuse of investigative power by foreign senior officials in the past, such as suppressing investigations into British-funded company cases while investigating Chinese-funded cases. They have long been dissatisfied, and now that there are constraints, it is a good thing.

at this time,

The rooftop of the ICAC Building.

The wind is very noisy.

Yu Hongsheng and Lu Zhilian stood in front of the guardrail, enjoying the breeze and looking at Victoria Harbour.

Yu Hongsheng was a little overwhelmed because he had licked the foreigners too much over the years.

But in the past year or two, the wind direction changed so quickly that he didn't have time to change.

It is obvious that the ICAC will be dominated by Chinese in the future.

He really wanted to cry: Is it too late for me to kneel down now?

Now he was a little envious of Lu Zhilian.

Yu Hongsheng: "Zhi Lian, I may need your care in the future."

Lu Zhilian: "I don't understand what you mean."

Yu Hongsheng: "Still pretending, with Tan Meili here, you must have already contacted Guan Zu."

Lu Zhilian shook his head and said seriously: "I have only met him once. I am not familiar with him at all."

Yu Hongsheng: "Once is enough, at least it leaves an impression."

Yu Hongsheng is now a little worried whether he can continue to stay in the ICAC after 98.

How about...I surrender first?
Surrender and lose half?
……

……

At this time, on the other side,
Central Plaza, top floor office.

It is rare for the top executives of the Five Star Group to gather together again to hold an important meeting.

Guan Zu sat in the first seat,

Gao Jin, Ahua, Chen Yongren, Su Jianqiu, Gao Qiu, Tan Meili... and 13 others, all came.

Guan Zu's face was serious:

"Last time, several tycoons came together to expose the surveillance of the Special Branch. There was another thing that made me very unhappy."

“That’s Hong Kong Island Telecom!”

"The Special Branch actually directly conducted illegal telephone monitoring of everyone in Hong Kong Island Telecommunications."

"This shows what?"

"It means that Hong Kong Island Telecom can tap any of our phone calls at will."

“This is totally unacceptable to us.”

"In the previous stage, I did not involve Hong Kong Island Telecom in order to focus public opinion to deal with the Special Branch and the Independent Commission Against Corruption."

"Now that the Special Branch and the Independent Commission Against Corruption have been dealt with, I will take care of Hong Kong Island Telecom."

Everyone nodded.

They all looked at the files last time and realized this important issue.

This time the time is ripe, so we naturally can’t let it go!

Putting aside the company's interests, they themselves also hate Hong Kong Island Telecom's ability and behavior to eavesdrop on other people's phone calls.

“This time, we want to acquire Hong Kong Island Telecom.”

"As long as we have shares and people in the telecommunications company, there is no way they can monitor us."

“Solve it at the source.”

Gao Jin: “I agree!”

Ah Hua also nodded: "I agree too!"

Others agreed.

Guan Zu said to Liang Xiaorou: "Distribute the information to everyone..."

quickly,

A copy of "Hong Kong Island Telecommunications Information" was placed on everyone's desk.

"In 1925, the Hong Kong Island Telephone Company was acquired by British company Dadong in 1981."

"In 1987, Island Telephone merged with Cable & Wireless Hong Kong and changed its name to Island Telecom, which was then listed on the Hong Kong, New York and Pacific Stock Exchanges."

“It has four main businesses: fixed-line (landline), international telecommunications (international calls), mobile communications (mobile), and Internet services.”

“Also, it’s all monopoly business, no other companies are involved.”

"In 1990, CITIC Group (Boss Rong) acquired a 100% stake in Hong Kong Island Telecom for HK$20 billion, becoming the first Chinese strategic investor. However, this transaction was conditional. The terms of the transaction had to be approved by the Financial Secretary of the United Kingdom of Hong Kong, and the restriction of "not participating in daily management" was added, resulting in CITIC Group having no say in the board's decision-making. "

"This structure of 'British holdings and Chinese participation but no participation in decision-making' makes it difficult for outside capital to shake Cable & Wireless' control through conventional market means."

"The current shareholding structure of Hong Kong Island Telecom is: Cable & Wireless 45%, public shares 35%, and CITIC Hong Kong Island 20%."

"According to current market data, its market value is about 1200 billion."

(ps: quoted from "2003 21st Century Business Herald")
It took more than an hour.

Everyone got a general understanding of the information about Hong Kong Island Telecom.

I feel like this is a tough nut to crack.

First: The market value is large, and it is difficult to acquire it.

Second: Controlling is difficult. CITIC Group acquired 20% of the shares, but did not get any power at all, which is really ridiculous.

Guan Zudao said: "The main reason for this holding issue is that in 1990, it was a sensitive transition period before the return, and the British Hong Kong government was highly sensitive to the control of key infrastructure. As an information hub connecting the world, Hong Kong Island Telecom's submarine cable network and international communication nodes have strategic value."

"The British financial group and the Hong Kong government have formed a community of interests, so they deliberately set a cap on foreign shareholdings to restrict non-British capital from entering the core business."

"but……"

Guan Zu smiled.

"One time, another time..."

"The British Hong Kong government will definitely not be as tough as it was in 1990..."

Guan Zu smiled.

Everyone laughed.

The Five Star Group has now become a giant, squeezing the British Hong Kong government and now has successfully subdued the Governor of Hong Kong.

Therefore,
The Five Star Group can grab this Hong Kong Island Telecom...

……

The meeting lasted for three hours, and in the end everyone supported the acquisition of Hong Kong Island Telecom.

……

……

At night, 7:,
The moon is bright and the stars are sparse, and the autumn breeze of October is blowing gently.

A black Chevrolet arrived at the entrance of Huaxin News Agency.

Guan Zu got out of the car and walked in with Wu Lianqian and Ding Hu.

"Mr. Guan~~~"

"I'm sorry, President, to bother you so late."

"Haha, it's not too late, it's never too late for something like this."

The president was very happy after receiving a call from Guan Zu today, so he went straight to the door to wait for Guan Zu to come to show his importance.

(End of this chapter)