Chapter 1131 The Shi Huaiya Family Wants to Introduce a More Powerful Shareholder!
When Jude died, the one who suffered the most was not his family, but the Swire Swire family.
Originally, the Schweizer family faced competition from the Imperial Group and was under greater pressure in aviation. He also wanted to wait until Maliho retired and Jude became the new governor.
Now Jude suddenly died of a heart attack.
At that time, John Shi, the head of the Swire family, also knew that Taikoo was under greater pressure in Xiangjiang.
Jude's posthumous affairs were settled.
Senior Advisor to the Government-General's Office in Hong Kong and former Chief Secretary for Administration Chung Yi-jie was officially announced as Chief Secretary by the Government-General's Office.
In other words, after Yude died, Zhong Yijie took over Yude's position and became the new Chief Secretary.
This news also attracted the attention of many people in Xiangjiang.
As soon as John Shi learned that Zhong Yijie was serving as Chief Secretary, he immediately went to visit him in person.
However, when it came to issues such as air routes, Zhong Yijie directly refused to continue the discussion with Shi Huaiya. Because Zhong Yijie knew very well that it was impossible for the Shi Huaiya family to continue fighting against the Imperial Group.
Nowadays, Xiangjiang First Airlines, a subsidiary of the Imperial Group, has carved up a lot of the market of China Airlines, a subsidiary of Swire Airlines. Especially in terms of domestic routes, China Airlines is increasingly losing its advantage.
In terms of international flights, China's routes are becoming less and less advantageous.
Under this situation, Swire and the Schwaiya family knew that it was getting more and more difficult for them.
At that time, it will either be acquired by the Imperial Group, or it will voluntarily admit defeat and give up the market.
And now with the Empire Group's relationship with China and London, John Shi also knows very well that the Shihuaiya family can no longer be what it used to be.
"Brother, what did the Chief Secretary Mr. Zhong say?" Shi Yuodi, brother of John Shi, asked.
Historically, the next year, in 1987, John Shih handed over the position of chairman of Swire and the position of head of the Swire family to this same brother.
He is also very optimistic about his younger brother Shi Jodi's abilities.
Moreover, in recent years, he has been leaving many matters to Taikoo to deal with.
"He's afraid of Sir Yang and the Imperial Group."
"how so?"
Shi Jodi asked in disbelief.
"I now doubt that he can succeed Jude and become the Chief Secretary. He has Sir Yang's connections behind him."
Is there any connection with Sir Yang?
Shi Jodi was even more surprised.
For the Swire and Swire families, China Airlines is the most important industry.
Before this, when the first airline in Xiangjiang did not appear, China Airlines monopolized all external routes in Xiangjiang, including domestic routes.
Historically, although Cao Guangbiao, Bao Yugang and others founded Dragonair, the Swire family was no match for Swire Swire because of their relationship with the Government House and London. In the end, the Bao family lost a lot of money. , sold all the shares in Dragonair.
Even then, Swire won over those Chinese investors.
However, taking into account the problems of the post-97 generation, Swire took the initiative to introduce Z capital.
As a result, Zhongxin Group later invested in China Airlines and became China Airlines’ largest shareholder.
Now Cao Guangbiao, Bao Yugang and other Chinese investors have not established Dragonair, but the first airline established by the Imperial Group has become more powerful, so that in the past few years, Swire Airlines has become increasingly unable to compete with Xiangjiang First Airlines.
"Brother, what should we do?" Shi Jodi asked.
"There are only two ways now. First, we sell all Swire's markets in Hong Kong and Asia, and then transfer them back to London. Second, we introduce more powerful shareholders to deal with Imperial Group and Sir Yang."
Sell all Swire’s markets in Hong Kong and Asia?
How is this possible?
Today, of the four major British-owned foreign banks in Hong Kong, only Taikoo remains, and the other three major foreign banks have all been swallowed up by the Imperial Group.
If nothing else, the Imperial Group will also find a way to swallow Taikoo.
However, for the Swire family, the Taikoo market is in Xiangjiang and Asia. If they sell all of them, they can keep their wealth. However, from now on, the markets in Xiangjiang and Asia have nothing to do with the Swire family.
Under such circumstances, the Shi Huaiya family would naturally not be able to sell Taikoo easily.
As for the second method mentioned by John Shi, introduce more powerful shareholders.
"Brother, who do you want to introduce?"
"Z capital."
Z capital?
When Shi Jodi heard this, his eyes lit up.
At this time, Swire Real Estate, a subsidiary of Swire, has entered the country, and there are Swire properties in Yangcheng, Pengcheng, Shencheng, and Yanjing. It can be said that the domestic market is becoming more and more important to Swire.
If Z capital shareholders are introduced, there will be many benefits for Swire.
However, John Shi was worried that introducing Z capital would be like inviting a wolf into the house.
This is what worries him most.
John Shi has been thinking about introducing Z capital for a long time.
In fact, Zhongxin Group has been established for many years, and its headquarters is also in Xiangjiang. Moreover, Zhongxin Group is now increasingly influential in Hong Kong as a Z-investment company.
However, what John Shi may not know is that Yang Ming is actually one of the major shareholders of Zhongxin Group, occupying 10% of the shares.
Yang Ming originally spent 100 million Hong Kong dollars to buy 100 million shares, which is 10% of the shares.
It's just that he never paid attention to Zhongxin's development and couldn't pay attention to it.
"Brother, your method is really good." Shi Jodi said immediately.
How could Shi Youdi not be worried when he thought that Jardine Land, one of the four major foreign companies, was swallowed up by the Empire Group?
Moreover, it is getting closer and closer to 1997.
The more that happens, the more powerful shareholders Swire must introduce if it wants to continue to stay in Hong Kong and develop in Asia.
"Brother, after New Year's Day, I will hand over Swire and the Swire Family to you. You can confirm it then." John Shi said.
He is not greedy for this position.
Moreover, he has been in this position for many years, especially in the early 1980s, which were the most difficult years for Swire. If he had not been frightened by a series of acquisitions by the Empire Group and then saved Swire through internal cross-border methods, Swire would have been swallowed up by the Empire Group.
In fact.
In the first half of this year, Guorui Airlines, in which Swire Group holds 70% and Huifeng Bank holds 30%, was listed on the Hong Kong Stock Exchange.
Later, in order to strengthen its local attributes and win people's hearts, this company that has nothing to do with Hong Kong decided to introduce Z capital.
That was the case in history. In the end, in early 1987, Zhongxin Xiangjiang purchased 12.5% of Guotai's shares for HK$1.936 billion and became the third largest shareholder.
Now, Swire and John Smith saw the relationship with the Empire Group. He had to consider that Swire and the Swire family would not be the opponents of the Empire Group in the future. He wanted to introduce more powerful shareholders to invest in Guotai, so as to continue to maintain Swire's control over Guotai Airlines.