Rebirth of Hong Kong 1981

  Chapter 813 Vote

   There is no doubt that the total market value of Cathay Pacific at this time is less than 3 billion Hong Kong dollars. It would be good to have a market value of 2 billion Hong Kong dollars. The main routes of Cathay Pacific are concentrated in Asia.

Most of the people who fly in Asia these days are business people. For tourism or something, only people from developed countries in Europe and America have this leisure and capital. Ordinary Asian people do not have the hobby of traveling, and even if there are people, they mostly travel domestically. , very few people go abroad.

Although Cathay Pacific has been established for nearly 40 years, in the 1950s and 1960s, there was no development in Asia. Except for island countries, South Korea and Singapore, most of the countries in Asia were still in that period. smallholder economy.

  The economic development is not fast, and the aviation field is naturally not developing.

   However, Yang Chen knows better than anyone else that civil aviation will gain a lot of room for development in the next ten or twenty years.

   If the 1960s and 1970s were the golden period for the shipping industry, then the 1980s and 1990s will be the golden period for the development of civil aviation.

  In the 1970s, with the rapid rise of labor costs in European and American countries, European and American capitalists began to gradually transfer some factories to Asian regions with lower labor costs.

   Throughout the 1970s, the Asian region seemed to have just opened up and entered the interior of the 1980s, which was a period of infrastructure construction.

  A full decade of infrastructure construction has made the Asian region begin to show a rapid economic development trend after entering the 1980s.

   In the first ten years of the inland reform and opening up, infrastructure construction work was carried out all over the country. In the 1990s, domestic and foreign investment accelerated, and the economy rose overnight.

In Asia in the 1980s, with the economic development, more and more people went abroad. Among these people, the purpose of going abroad was varied. Some were to make a little money and prepare to go abroad to broaden their horizons, while others were to study abroad and study. Advanced technology and knowledge from abroad.

  With the entry of European and American capital and accelerated economic development, many wealthy families have their children study abroad as their first choice.

   This is the same as inland in the 1990s. It is a common phenomenon in the whole society to study abroad and learn advanced things abroad.

   Therefore, during this period, people who go abroad by plane are not only limited to a few rich and business people, but also ordinary families.

   This trend change directly promotes the further development of civil aviation.

   This trend, not only Yang Chen saw it, but many people could actually see the prospect of civil aviation, such as HSBC and Swire Pacific.

   These two old British-owned consortiums have a clear understanding of social changes and economic changes.

   However, knowledge is knowledge.

   To be honest, even Shen Conge was a little surprised that Yang Chen took out 900 million Hong Kong dollars in cash to acquire the shares of Cathay Pacific Airways held by HSBC.

   In less than three years, it has doubled when changing hands, which is indeed in line with HSBC's investment philosophy.

   However, from all aspects, from all corners, to observe and see, this person in front of him does not seem to be a fool who has a lot of money and lets others take advantage of it.

   What is the purpose of the other party? After everyone was surprised, they couldn't help but secretly guess in their hearts.

Compared with the others, the charter king is much more straightforward, and he doesn't think about those mind-consuming things. After seeing the charter king and Shen Cong looking at each other, he said directly: "Achen, you are sure you didn't talk to everyone. Just kidding, nine hundred million Hong Kong dollars, and it's still cash, are you sure it's not ninety million?"

  Yang Chen showed his big white teeth, grinned and said: "Uncle Bao, if the directors are willing to sell 30% of Cathay Pacific to me if it is 90 million Hong Kong dollars, I personally have no opinion."

   After everyone heard this, they rolled their eyes.

   "Nine hundred million is a bit more, but compared to starting a new civil aviation company myself, everything starts from scratch, and the money and energy spent in the middle probably far exceeds this price."

   As soon as these words came out, everyone nodded in unison.

   As Yang Chen said, although 900 million is a little more, compared to reopening a civil aviation company, the cost of it is definitely far greater than that of the other party.

   However, even so, everyone still does not believe that this man, known by the outside world as the God of Fortune, would pay such a high price to buy the shares of Cathay Pacific held by HSBC.

   After all, 30% cannot meet the holding requirements, especially Cathay Pacific is an unlisted company. The company's shares are very concentrated. Swire Pacific holds the remaining 70% of the shares and has absolute control.

   In this case, most people would not spend a lot of money to acquire the 30% stake held by HSBC.

   But now Yang Chen has done it like this, spending such a big price to only get a little share, which makes people think too much.

   "Mr. Shen" didn't give everyone much room to think, Yang Chen turned his attention to King Shen Daban and motioned him to stop wasting everyone's time.

   Shen Porridge gave Yang Chen a deep look, and after the brief surprise just now, he had already thought of what Yang Chen's idea was.

   Since Yang Chen paid a high price to acquire the shares of Cathay Pacific held by HSBC, if Swire Pacific does not give an explanation, then the other party has an excuse to find trouble with Swire Pacific.

  Chinese people pay attention to being a teacher and being famous. Regarding Yang Chen's behavior of being a **** and a son, but also setting up an archway, Shen Conge is really speechless.

   A good young man has been reduced to this point, and Shen Cong personally expressed his sorrow.

   Well, these are all bullshit. For the increasingly thick-skinned Boss Yang, Shen Conge is more and more afraid to despise him.

   It's not his character to make porridge if he has money.

   No matter what idea Yang Chen came up with, as long as HSBC can make money, it's fine. Capitalists are for profit, whether it's short-term or long-term benefits, as long as there is money to be made, they must not let it go.

   What's more, this is the meat delivered to the mouth.

   "All directors, please raise your hands to vote. Those who agree to sell the shares of Cathay Pacific to Yang Sheng's "Ginseng", all directors, please raise your hands. Those who disagree can not express their opinions."

   Shen Porridge said, and all the directors present looked at each other. Except for the secretary Shi of Swire Pacific, the other directors raised their hands.

   The directors don't care what Yang Chen's calculations are, as long as HSBC makes a profit, they have no interest in paying attention to the others.

Seeing that except Secretary Shi, all the other directors raised their hands, Shen Cong didn't delay, and directly said to Yang Chen: "Okay, since that's the case, Yang Sheng, come to my office in a moment, and let's sign the contract. "

   Nearly one billion Hong Kong dollars was made in the account. Shen Conge was not as happy as everyone imagined. The reason for this was that he knew that this transaction, although HSBC did not lose money, it did not make much money.

  According to the development of Cathay Pacific, it will not be a problem for Cathay Pacific to double or even ten times its market value once it goes public in a few years.

   In this way, it is difficult to say whether HSBC is losing or making a profit.

  ——

   (end of this chapter)