Chapter 841 Swire Pacific
After returning from HSBC, Yang Chen received a call from Li Guowei. There was news from Taikoo Matheson, and the other party planned to talk to him privately.
Since Yang Chen purchased 30% of the shares of Cathay Pacific Airways held by HSBC Bank at a high price, Swire Pacific already knew that if this matter was not handled well, it would most likely follow in the footsteps of the Jardine Matheson Group.
Affected by the adverse impact of the general environment, Swire Pacific is really unwilling to antagonize the Yang family consortium, which is at its peak at this time. Although Cathay Pacific is a relatively important subsidiary of Swire, no matter how important it is, it cannot be compared to the entire Swire group.
When thinking about the current situation of Jardine Matheson, the senior executives of Swire and Matheson felt even more pressured.
In addition to this, there was another reason why Taikoo & Co., Ltd. had to make compromises, and that was that the senior management of Swire & Co., Ltd. was very afraid of Yang Chen's relationship with several big British families.
Logically speaking, the British government should not hand over an important military industrial enterprise like British Aerospace Corporation to a foreign talent. Even though Yang Chen currently holds British nationality, in the final analysis, he is not a pure British person after all.
However, just when the outside world thought it was impossible, the Thatcher government agreed.
The specific reason for this is that Taikoo & Co., Ltd. will naturally not be like those media and newspapers, thinking that Yang Chen can make the British government compromise just because he has money.
Money may be one aspect, but more importantly, it is directly related to Yang Chen's cooperation with several large British families.
Among the families that have direct cooperation with Yang Chen, there are established nobles with extensive connections, political families with deep qualifications, powerful British financial groups, and even direct princes of the British royal family are involved.
Such a force has a certain influence in other countries of the Commonwealth, not to mention in the UK.
With the energy that Yang Chen maintains in the UK, the official forces are obviously unable to do anything to the other party. As a result, if Swire Pacific does not compromise, it will have no choice but to confront Yang Chen head-on.
However, with the lessons learned from Yihe, the senior management of Taikoo & Co., Ltd. were a little wary, or in other words, they had more than enough intentions but not enough power.
As one of the four major foreign banks in Hong Kong, Swire has many listed companies. Cathay Pacific is a non-listed company. If Swire Bank is not willing, Yang Chen can't take it by force.
However, it is different for other listed companies. As long as a price war starts, it is foreseeable that in the final result, Swire & Co. will definitely suffer greater losses.
Therefore, after the senior management of Swire Bank learned that HSBC had sold 30% of its shares in Cathay Pacific to Yang Chen, they immediately chose to contact Li Guowei, the general manager of Hang Seng Bank.
Li Guowei is the general manager of Hang Seng Bank. Although Hang Seng Bank does not have much business dealings with Swire Pacific, Xiangjiang is such a big place and everyone can see each other without looking up, so there is at least some friendship between them.
Swire Pacific wanted to know whether Yang Chen wanted to acquire the entire Cathay Pacific, or whether he wanted to control Cathay Pacific, or in other words, he just wanted to take a stake in Cathay Pacific in order to achieve cooperation between Cathay Pacific and British Aerospace.
Yang Chen couldn't figure out what he was thinking, Taikoo Mathematics was not able to prescribe the right medicine, so he thought of using Li Guowei to explore Yang Chen's mouth.
After receiving a call from Li Guowei, Yang Chen couldn't help but smile knowingly after learning that Taikoo Matheson had no intention of confronting him.
In fact, after taking over the Land Company, Yang Chen never thought of touching the British-funded consortium again.
After all, too much is too much.
In recent years, the power of Chinese capital has been rising too fast, starting with the chartering king taking over Jardine Matheson's Wharf, then Li Chaoren directly taking over Hutchison Whampoa, one of the four major foreign banks, through the support of HSBC Bank, and finally
In addition, he recently seized the land company of Jardine Matheson Group.
Among the four major foreign banks, Hutchison Whampoa has now changed its affiliation, from a British-funded consortium to a Chinese-funded consortium. The strongest, Jardine Matheson Group, has only half its life left after successive blows.
After excluding two out of four, there are only two foreign banks left, Swire & Co., Ltd. is doing better. Due to the conservative strategy of Swire & Co.'s senior management in recent years, the impact of the turmoil in Hong Kong has not had a big impact on Swire & Co., Ltd.
A stable veteran driver, who cannot succeed at a high level or a low level, according to the correct historical process, this guy will become a fellow survivor among the four major foreign companies in the future, along with the Jardine Matheson Group.
The other weakest company, Wheelock, if Yang Chen remembers correctly, in a few years it will be acquired by the chartering king, becoming the second consortium among the four major foreign companies to be acquired by Chinese capital.
Before the 1970s, the four foreign banks, Jardine Matheson, Hutchison, Swire and Wheelock, had always been the leaders of the British capital in Hong Kong. Nowadays, the four foreign banks have changed owners, been emasculated, and have no time to take care of themselves.
It can be said that at this moment, the British capital is at its weakest, and the gap between Chinese capital and British capital is at its smallest.
Maybe Yang Chen can take advantage of the opportunity and use the same method he used to deal with Yihe to deal with Swire & Co., use a tough stance to suppress Swire & Co., and force Swire & Co. to give up Cathay Pacific.
However, the consequences of doing so will be difficult to predict.
As the saying goes, a trapped beast still fights.
Unlike the Jardine Matheson Group, which is used to being domineering and causing serious dissatisfaction from both Chinese and British capital forces, Swire & Co. has always adhered to the principle of low-end business. In recent years, it has not only failed to follow the example of Jardine Matheson in aggressive expansion, but has tightened its business and maintained
Works well on its own.
When Yang Chen targeted Yihe, the British capital forces chose to stand aside for various reasons.
But once Yang Chen regards Taikoo Matheson as an attack target, it is hard to say whether the British powers will continue to stand idly by due to the good relationship between Swire Matheson and most of the British-funded forces. A situation that is not likely to cause conflicts between British and Chinese capital
If conflicts are fully triggered, the consequences will be unpredictable.
As the saying goes, if you kill a thousand enemies, you will suffer eight hundred losses.
According to the correct direction of history, British capital will withdraw from Hong Kong step by step sooner or later. There is no need for Chinese capital to compete with British capital in the final battle. It can completely take a stand and steadily receive the resources left by British capital.
In the next twenty or thirty years, Xiangjiang still needs to develop steadily and provide a good platform for external exchanges for the inland. Xiangjiang's historical mission has just begun. The handover between the upper and lower levels of China and the UK needs peace, not continuous
Turmoil and chaos.
Although the economy of Xiangjiang in later generations has always been controlled by a group of capital bosses, it has attracted criticism.
However, in the final analysis, these people are still our own people. As the old saying goes, it is better for meat to rot in one's own pot than to rot in someone else's home.
Because of their existence, it is difficult for foreign forces to gain a foothold in Xiangjiang, so that Xiangjiang will not be out of control and become a bargaining chip controlled by foreigners.
Even if it is chaotic, it cannot shake its foundation.
Therefore, Yang Chen is not willing to see things that provoke conflicts between British-funded forces and Chinese-funded forces.
Instruct Li Guowei to let him come forward to negotiate with Swire Pacific, and if he can get a full share of Cathay Pacific, he will buy it. If he can't, don't force it, as long as he can achieve a controlling position.
Chapter completed!