Rebirth of the Strongest Tycoon

As soon as this question came out, both Bao Yugang and Huo Yingdong stopped to eat and drink, and looked at Xia Yu intently.

"Xia Yu, are you planning to acquire Hong Kong Electric Company?"

Bao Yugang asked.

Xia Yu admitted frankly: "Yes, I have this idea."

Bao Yugang suppressed the surprise in his heart, nodded and replied: "My Lufeng International Company holds 7.6% of the shares of Hong Kong Electric Company. I will transfer it to you. I will let someone sort out the situation when I go back."

"Old Bao, thank you!"

Xia Yu smiled gratefully.

"Why do we need to say thank you, we'll see you now!"

"By the way, Xia Yu, after MacLehose came back from the north, some British investors are no longer at ease. They are ready to withdraw from the United Kingdom. Several directors of HK Electric seem to have this tendency. Do you want me to help you buy it?"

Bao Yugang waved his hand and smiled, suddenly thought about it and said to Xia Yu.

As one of the directors of Hong Kong Electric Company, although he is a relatively ordinary one, he does not care about the operation of the company, but over the years, because he is indifferent to the outside world, he has a good relationship with the directors of the company, whether it is British or Chinese. Anyway, that's all.

Now that Xia Yu intends to acquire HK Electric, he is naturally willing to help if he can do a disservice.

After all, Xia Yu has been helping him for so long, and he owes a lot of people. Although Xia Yu doesn't care, he has to keep it in his heart.

Seeing Bao Yugang helping Xia Yu, Huo Yingdong certainly couldn't be indifferent. It happened that he could also help. Hongkong Electric has three Chinese shareholders, two of whom have a good relationship with him, and one of them is a fellow, but HK Electric is just a company they invest in.

Huo Yingdong believes that with his face, it should not be a problem to win the two people's shares in Hong Kong Electric Company.

Therefore, Huo Yingdong immediately said: "Xia Yu, I should be able to help with this matter, and I will come forward to buy some for you."

Xia Yu had a happy expression on his face, and said, "That's good for you, Lao Huo, thank you!"

"No, no! You've helped me so much, but I haven't had a chance to help you, and I'm so bored!"

Huo Yingdong said with a smile.

"Old Huo is right, we have been supported by you all the time, our conscience can't handle it!"

Bao Yugang said in a joking tone, Xia Yu couldn't help laughing.

"Ha ha……"

"Then I won't say it, I wish our friendship will last forever!"

Xia Yu said, raised the beer, the three of them collided, and they drank.

After drinking, the three chatted about HK Electric again.

"Xia Yu, HK Electric was one of the top ten companies in the UK before, but it seems that the stock price has fallen a lot now. Are you going to buy electricity or to supplement the strength in real estate?"

"It's all right. HK Electric owns a lot of land with great value. In addition, the current surge in oil prices has led to a sharp increase in its power generation costs. On the contrary, the stock price has fallen against the market trend, which is just right for acquisition."

Xia Yu explained that he did not hide it.

Since Bao Yugang and Huo Yingdong are both planning to help him with the acquisition, they will definitely not try to grab the Hong Kong Island company, so it's okay to tell them.

Besides, after Xia Yu's annexation of Wharf, many Chinese capitals in Xiangjiang know that many British-owned companies are of great value, but the key is that many Chinese capitals are not strong enough to do what Xia Yu did.

However, with the strength of Bao Yugang and Huo Yingdong, it is still risky to directly collide with the original four major consortiums, but it is absolutely no problem to acquire a second-level or even a second-level British-owned company. Hong Kong Electric Company.

The two nodded understandingly, Huo Yingdong thought about it and reminded him: "Hong Kong Electric is now building a large-scale oil-fired power plant on Lamma Island. The investment is huge. I heard that it is expected to be completed in 1981. As for the industry, why not buy CLP Power? CLP owns more than 70% of the electricity market in Heung Kong. I heard that power plants are also being built. It is very difficult for HK Electric to catch up with CLP!”

Xia Yu smiled lightly and said, "It's okay,

If the market is low, it will be low, and the acquisition price will be lower if it is not so fast. However, HK Electric has the power franchise of Hong Kong Island, and it is a big deal to increase investment in the expansion of power plants. "

"CLP is in the hands of the Kadoorie family, and its equity is not as dispersed as that of HK Electric. It is too difficult to acquire."

There are only two giants in the electricity market of Hong Kong, namely Heung Kong Electric Company and Chunghwa Electric Power Co., Ltd. Among them, Heung Kong Electric Company was established earlier, in 1889. At that time, the economy and population of the entire Hong Kong were almost concentrated on the one side of Hong Kong Island. The New Territories and Kowloon are very desolate, and the Hong Kong Electric Company owns the electricity franchise right on Hong Kong Island.

Afterwards, due to the development of Hong Kong Island and the confinement of Hong Kong Electric Company to Hong Kong Island, Hong Kong Electric Company began to diversify into the real estate industry and engineering construction industry, and the power business is no longer the only pillar.

However, most of the power plants of HK Electric are oil-fired power plants, which pollute the air. The development of Hong Kong Island is getting better and better. The power plants located in the northern part of Hong Kong Island have a greater impact on the health of urban residents. Because of this, in September last year, with the intervention of the Hong Kong government, Hong Kong Electric was forced to relocate the power station near the urban area, and then invest in the construction of a large-scale power plant on Lamma Island.

Originally, the environment of Hong Kong was not good. Even if the real estate industry was on the rise, it could not withstand the sudden large investment in power plants. However, under pressure from the Hong Kong government and public opinion, it was true that an existing power plant could not keep up with the power supply. Therefore, HK Electric had to bite the bullet and invest in the construction of power plants.

Who knew that a revolution broke out in Iran again, which caused the world oil price to skyrocket. Almost all of the existing power plants of Hong Kong Electric Co., Ltd. burn oil, which greatly increased the cost. The light company's revenue was similar, but profits plummeted.

Even the power plant under construction on Lamma Island has cast a shadow.

The capital market is the most sensitive, so HK Electric's share price will buck the trend and fall.

As for another giant in the Heungkong power industry, it is China Electric Power Co., Ltd., which was established by Paul Chater and was gradually taken over by the Kadoorie family, a Jewish family in Heungkong. one.

CLP Power was founded in 1922 and owns the power franchise in the New Territories and Kowloon. With the development, Hong Kong Island cannot accommodate so many people. The New Territories and Kowloon have been developed on a large scale, and the industrial areas have also been relocated to the New Territories and Kowloon. Therefore, the demand for electricity in the two places has skyrocketed, and CLP Power has accounted for more than 70% of the electricity market.

Chunghwa Power Corporation is also building a new power plant in Castle Peak, New Territories. It is in cooperation with Eastern Energy Co., Ltd., a subsidiary of Exxon Oil Company, a subsidiary of the Rockefeller Consortium. Castle Peak Power Plant is a coal-fired power plant, which is more environmentally friendly than oil-fired power plants.

Although it is more difficult to transport coal mines, coal-fired power generation is more stable than oil-fired power generation. After all, oil prices fluctuate much more than coal prices.

To be honest, Xia Yu was also jealous of Chunghwa Electric Power Co., Ltd., but as he said, it was quite difficult. After deliberation, he chose to eat HK Electric first.

It happens that HK Electric is currently at a low point due to various reasons. According to the historical trajectory, in the 1980s, HK Electric will make a sudden leap forward. Because of the real estate industry, its market value has exceeded 10 billion, and it has become one of the top ten British companies.

Such gold potential stocks, of course, must be seized.

Besides, the power industry is a public service industry after all, and it involves people's livelihood. As long as Hong Kong Electric is won, Xia Yu's influence on Hong Kong Island will skyrocket, and thousands of households will be affected by him.

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