Chapter 203: Taking advantage of the situation
After being busy for so long, Liu Zhicheng finally has some free time and is ready to relax and take a break.

This time, Liu Zhicheng plans to take a cruise on the Summit Cruise Ship for a sea trip.

This time, Lin Qingxia was invited by Liu Zhicheng to come to the Summit cruise ship docked at the Kowloon Wharf Pier.

When Ajun, who had been in charge of security outside, saw her, he immediately went to greet her.

"Ms. Lin, please follow me. The boss is waiting for you."

The Summit cruise ship is not one that ordinary people can approach casually. Even if Liu Zhicheng is not on the cruise ship, there will be 24-hour security.

Moreover, there are dedicated berths and safe waters at the Wharf Terminal to prevent sabotage by those with ulterior motives.

Lin Qingxia knew Ajun, so wherever he appeared, Liu Zhicheng must be nearby.

She nodded in a friendly manner and followed him onto the Mountain Cruise Ship.

After Ajun sent Lin Qingxia onto the cruise ship, he immediately stepped aside and let her walk to the second floor alone.

Lin Qingxia walked to the door of the second floor and was about to knock when she saw a strong hand grabbing her and pulling her in.

Lin Qingxia was startled. When she saw clearly that it was Liu Zhicheng, she found that he had already pinned her down.

Liu Zhicheng's eyes were a little scary, as if he wanted to eat someone. He hadn't eaten her for a long time and was already a little impatient.

People are all the same. They hope to eat different dishes on the table every day so that they can satisfy their taste buds.

It is also a call from Liu Zhicheng's heart. Every bite of different delicacies makes him feel the beauty of life and the gentleness of the world.

"Brother Cheng, I miss you so much." Lin Qingxia said in a coquettish Taiwanese accent.

As soon as she finished speaking, her mouth was sealed.

Dry wood meets fire and catches fire immediately.

Lin Qingxia cooperated with him and began to take off his clothes.

Slowly, she began to ask for it actively. It seemed that we had been doing it for too long...

Liu Zhicheng was so overwhelmed by her sudden service that even though all his muscles were tensed, he still couldn't escape the physical pleasure it brought.

…………

"Brother Cheng, is my level okay?"

After a fierce and violent fight, Lin Qingxia lay on Liu Zhicheng's chest.

"Ah, very good."

Just now, she actively and coquettishly twisted her plump and mature body, as if she had practiced the art of seduction for decades.

Liu Zhicheng was indeed scared at first, but in the end he just enjoyed it.

It seems that she has been trained well.

Afterwards, the two prepared to get up and go to the third-floor terrace to enjoy the beautiful view of the sea.

Lin Qingxia helped Liu Zhicheng put on his clothes like a young wife.

On the terrace on the third floor, various fruits and snacks were placed. Liu Zhicheng poured a glass of red wine for Lin Qingxia and then sat on a lounge chair under the canopy.

Now the cruise ship has reached the sea east of the Hong Kong River. The two began to enjoy the beauty of the sea. Liu Zhicheng also took out a few jokes from his previous life, which made Lin Qingxia smile coquettishly.

Just as he was thinking wildly and making Lin Qingxia happy

Suddenly Lin Qingxia crawled over, squeezed onto a recliner with Liu Zhicheng, and lay in his arms.

"Brother Cheng, what are you going to do with me?"

What is coming will come. Liu Zhicheng thought he had subdued her, but it turned out that this idea was only half right.

The body was taken care of, but her love-brained soul was not.

Fortunately, Liu Zhicheng was well prepared.

"Or you can go overseas and choose a place to settle down."

"Do you want to keep me like this?"

"So what else do you want? I'll give you the life you want, and you just need to help me expand my family and make the Liu family a world-class family."

Liu Zhicheng doesn't want to be bound by women, and there are a lot of women who want to be with him.

Moreover, he is a principled man who only wants to become the Wolf King and will not change his mind because of such things.

Keep your original intention unchanged, so as not to waste the freedom of rebirth.

Lin Qingxia was also stunned after hearing this. She didn't expect Liu Zhicheng to be so domineering, and she didn't know what to do for a while.

"I know your situation, and I believe you can handle it. I am willing to wait. If you have a new choice in the future, I hope I can be your first choice."

"Well, Lin Qingxia is the most beautiful woman in Southeast Asia. If you follow me in the future, you will definitely be rich."

Seeing this, Liu Zhicheng also began to comfort her and painted a big pie for her without hesitation.

That's how it is with women. You have to coax and deceive them to make them fall in love with you.

Originally, Liu Zhicheng planned to rest on the cruise ship for three to five days and then go to the waters off Taiwan to take an oath.

But just when he was halfway between Hong Kong and Taiwan, he received a satellite call from Han Chunxi, saying that the boat charter king wanted to see him urgently.

What a tiring life, Liu Zhicheng had no choice but to go home.

.........

Three days later, in a private room at the Peninsula Hotel, Liu Zhicheng made an appointment with the charter king to meet here.

"Mr. Liu, Dragonair is in big trouble right now, so I want to discuss countermeasures with you."

Afterwards, the charter king introduced the troubles encountered by Dragonair this time.

In the 84 Joint Declaration, there was a provision regarding Hong Kong's aviation industry that airlines registered in Hong Kong and with Hong Kong as their main place of business could continue to operate.

The mainland will assist Hong Kong Airlines to open routes between Hong Kong and the mainland. Anyone with a discerning eye knows that this is a lucrative industry.

But at that time, Hong Kong only had one local airline: Cathay Pacific.

Chinese capital was unwilling to let British capital reap all the profits, so Dragonair was established.

This condition was originally fought for by the British Empire in order to protect British capital.

Now a Chinese airline has emerged to grab market share, and the Hong Kong government's attitude can be imagined. They began to question the status of Dragonair's shareholders.

Although Liu Zhicheng is only a small shareholder, the charter king approached him today because he saw his extraordinary status in Hong Kong and hoped that he would share the worries of Dragonair.

When Liu Zhicheng heard this, he knew that the Hong Kong government was taking sides. At first, Liu Zhicheng did not want to invest in Dragonair.

Because of his relationship with the Swire family, he could have easily acquired a stake in Cathay Pacific without having to wade into this muddy water.

Now that he was on board the ship and the charter king had found him personally, he had to find a way to have the best of both worlds.

For Liu Zhicheng, this matter has nothing to do with interests, but only with face.

"Mr. Bao, facing the questioning from the Aviation Department this time, it looks like the only option is for the mainland shareholders to withdraw their shares."

"Yes, this is a difficult situation. Without mainland shareholders, we will lose an important source of funds." "But it is impossible to shut down Dragonair. If that happens, everyone will lose face."

After hearing this, the charter king knew that Liu Zhicheng had taken Dragonair seriously, so this would be an easy matter.

He nodded and said with a smile: "Yes, so I came to see Mr. Liu today to listen to his advice and seek a solution."

"I wonder what Mr. Huo and Mr. Cao are planning?"

Liu Zhicheng is very cautious and will never jump into this pit casually. He must understand the ideas of other shareholders to avoid working hard for nothing and being unpopular with everyone.

"Of course they want to take over the shares and continue to compete with Cathay Pacific."

"What if the Hong Kong government continues to suppress it? You should know that the head of the Aviation Department came from Swire," Liu Zhicheng continued to ask.

"What does Mr. Liu mean?" asked the boat charterer.

"Excuse me for being blunt, but harmony brings wealth. If the fight continues, are you prepared for long-term losses?

It is obvious that the Hong Kong government is taking sides and this time it is only questioning the identity of the shareholders. If it fails to achieve its goal, there will definitely be a next time.”

"Does Liu Sheng also want to quit?"

“To be honest, if you hadn’t persuaded me to invest in the company, I wouldn’t have gotten involved in this mess. But now that I’ve invested, I won’t give up easily.

What I mean is that instead of passively defending ourselves, we should take the initiative and completely resolve this conflict. This will be beneficial to the long-term development of Dragonair.”

The charter king instantly became interested. Since he had invested in Dragonair, he was also optimistic about the prospects of the aviation industry.

But if things continue as they are now, a golden nest will become a pure money-losing business.

If Liu Zhicheng can find a solution that has the best of both worlds, the charter king will definitely be willing to support it.

"Okay, Mr. Liu, tell me how we can change the current situation."

"Isn't Cathay Pacific going public soon? This is our opportunity."

After Liu Zhicheng finished speaking, he deliberately paused, took a sip of tea, and glanced at the reaction of the charter king.

The charter king was also stunned, and then said in disbelief:
"Even if Cathay Pacific is going to go public, it is impossible to dilute too much of its shares. Do you want to be a barbarian and snipe at Cathay Pacific?"

“Haha, I did want to, but Swire Group’s style of doing things is too conservative, so there’s no chance at all.

My idea is to first buy back the shares in the mainland, then we will increase the capital of Dragonair, and then use the money to acquire the shares of Cathay Pacific.
We will take as much as we can and drive a nail into the hole to create a deterrent force for Cathay Pacific."

"and then?"

"Then I will join Cathay Pacific's board of directors and participate in Cathay Pacific's operations. If everything goes well, both parties will be happy.
If they continue to pester us, we will use our veto power to make their lives miserable.”

The charter king nodded and said, "Mr. Liu's strategy is indeed a good idea. It won't be a loss anyway."

“Bao Sheng, this is the only solution. My suggestion is that we should invest in each other and share the dividends of the aviation industry.

Given my relationship with John Shi, I will definitely visit him and seek ways to resolve this risk.

It would be best if we could tie our interests together with Cathay Pacific and strive for peaceful coexistence.

It is much more cost-effective than the Hong Kong government taking sides and suppressing Dragonair. After all, Dragonair is a business and it must make a profit."

"Our starting point is not to end up in a situation where both sides suffer losses. I understand your idea. I will go to discuss it with Cao Guangbiao. I will trouble Mr. Liu on the Swire side." The charter king said slowly.

In the past, the Aviation Department shamelessly proposed the "one line, one company" policy, which meant that one route could only be operated by one company.

Since Cathay Pacific has already gained control of most of the routes to major cities, there is no room for Dragonair to survive.

Dragonair has only applied for routes to some second-tier cities, causing it to be in a loss-making state for a long time.

By 89, Dragonair's accumulated losses had reached HK$23 billion. The charter king and Cao Guangbiao had no interest in running the business, so Cathay Pacific took the opportunity to propose the acquisition of Dragonair.

Then, Baochuan Wang and Cao Guangbiao also transferred their 38% stake, and Dragonair became part of Cathay Pacific.

Dragonair was in crisis, but this was also an opportunity for Liu Zhicheng. He knew the future development of Cathay Pacific, so he took the opportunity to take the initiative and share in the feast of the aviation industry.

"Mr. Bao, please tell the major shareholders in the mainland that if they are willing to withdraw, I am willing to have more cooperation with them.

Just like China Merchants, my Wharf Holdings can open shares to them, Huarun can cooperate with them to develop real estate in Hong Kong, and Bank of China can conduct all-round loan cooperation and investment within the banking consortium. "

Of course, it is impossible for Liu Zhicheng to give up his interests without reason. His goal is to pursue greater benefits.

"Okay, thank you Mr. Liu for your support."

The charter king also sighed that this young man Liu Zhicheng had played a very big game.

After returning, Liu Zhicheng convened a development office meeting of Hutchison Whampoa to prepare for the next layout.

During this period, there happened to be a lot of international capital that wanted to invest in Hutchison Whampoa, and now he proposed to cooperate with mainland capital.

If too much capital is introduced, its controlling stake will be seriously diluted, which is not in line with its usual practice.

"Mr. Tony, have you been discussing cooperation with several foreign companies recently?"

"We are currently in talks with the Port Authority of Singapore, P&O Shipping Company, and Goldman Sachs.

But they are greedy and each wants more than 10% of the shares, which will seriously affect the interests of the boss. "Tony Dank, general manager of Wharf Holdings, reported.

"Well, do you have any idea to break the impasse?" Liu Zhicheng nodded.

"Boss, I have clearly told them that each company cannot exceed 5%, otherwise there will be no deal."

Tony Dank was obviously afraid that Liu Zhicheng would lose control of Hutchison Whampoa. His intention was good and Liu Zhicheng was very happy.

"Tony, I understand your starting point, but refusing to cooperate is not a wise move, so I suggest that you split up the business of Wharf Holdings.
We established the Wharf Hong Kong Group for Hong Kong and mainland port operations, and the Wharf International Group with Felixstowe Port as its main business, so that we can avoid the risk of losing control. "

Tony was also very impressed by his boss's ability to counter the opponent's moves.

"Okay, boss, that will make things easier for us."

After Tony Dank received instructions from Liu Zhicheng, he returned and established two wholly-owned subsidiaries, Wharf International and Wharf Hong Kong.

Wharf International owns Kwai Chung Pier 3 and Felixstowe Port, while Wharf Hong Kong owns Kwai Chung Pier 1, 2 and Shekou Port.

Liu Zhicheng placed the Hong Kong port business under the two companies. The purpose of doing so was simply to balance the interests of the two companies, because international capital was eyeing the interests of Kwai Chung Port.

If they were simply all placed under one company, the other company would lose its appeal to international capital.

After the company was split, Tony Dank started a new round of game with international capital.

Finally, P&O Shipping Company and the Port Authority of Singapore acquired 10% and 20% of the shares of Wharf Holdings International respectively.

In turn, Hutchison Whampoa acquired a 10% stake in the Singapore Port Authority.

As for Wharf Hong Kong and Goldman Sachs, they acquired 10% of the shares, and China Merchants Bank acquired 20% of the shares.

This can be said to be an exchange of interests and a feast of capital.

Just like Wharf Holdings International, which acquired a 10% stake in the Port Authority of Singapore, this will be the largest port company in the future, and it’s worth it just thinking about it.

Liu Zhicheng decided to invest in China Merchants Bank because he saw their potential in the mainland.

It just so happens that there are some problems in the investment negotiations for Yantian Port and progress is slow. This is the time for the investment promotion company to unleash its potential.

(End of this chapter)