Chapter 120 Hong Kong Building King
"This newspaper has exclusive news: Wanda Real Estate and Cheung Kong Holdings have reached a cooperation agreement and both parties have decided to jointly acquire Hutchison Whampoa."

"According to relevant insiders, the two companies together hold more than 53% of Hutchison's shares and are currently negotiating with the Hutchison board of directors to introduce new directors from the two companies."

"Some experts have analyzed that Wanda and Cheung Kong will soon jointly control Hutchison Whampoa, and Hong Kong's business community will usher in a new landscape."

On Thursday, October 10, Oriental Daily exclusively reported this shocking news on its front page.

Ordinary citizens may not feel much about it. After all, they knew last year that Hutchison Whampoa would be changing from British capital to Chinese capital.

Listening to it now, it’s not so surprising.

What puzzled them the most was that this newspaper was still smearing Cheung Kong Holdings crazily a few days ago. Why did it change its nature?

But the political and business circles in Hong Kong know that Mr. Fang and Li Ka-shing are fighting each other, and everyone is ready to move their stools and continue to watch the fun.
Unexpectedly, within a few days, the whole style of painting changed.

One party took advantage of the opponent's absence in Hong Kong to poach its staff, which can be said to be a long-planned plot.

One side returned to Hong Kong and used public opinion to discredit its opponents, and used social organizations to create all kinds of trouble for no reason, which was really bloody.

These two can be said to be representative figures of the two largest chambers of commerce in Hong Kong.
Their tit-for-tat confrontation did make those who were familiar with the situation smell the smoke of gunpowder.

British companies are of course happy to hear this and hope that the Chinese will fight to the death so that they can come in and reap the benefits.

However, Chinese chambers of commerce and organizations were deeply worried. They certainly tried to resolve the conflict between the two sides, but with little success.

I originally thought that a war was about to break out, and I might see bloody scenes of bayonets.
But I didn't expect that things would take such unexpected turns that it was really confusing.

(HSBC: Humph, a bunch of idiots, they know nothing!)
Of course, this result was achieved with Cucumber making compromises and concessions.

He couldn't help but agree. After all, although it was a bit embarrassing, the substance was at least preserved. Cucumbers are still quite flexible.

This result was definitely beyond his initial expectations. Although he lost the coveted land of Whampoa Dockyard and the various Central buildings he had bought in previous years,
But he also gained a huge fortune like Hutchison Whampoa.

After he finished calling Fang Hexuan, he re-studied the assets of this giant group. The more he looked at it, the more happy he became, and of course, the more excited he became.

Excluding the retail, auto sales, container terminal, half of the land, and all the buildings that Fang Hexuan wanted,
He will own import and export trade, container shipping, docks, warehouses, transportation, real estate, mining, construction and investment businesses.

This is much more diversified than his original plastic flower company and real estate.

He Huanggua is a shrewd and pragmatic man, and he will do whatever business makes money.

If all of them can make money, he will risk his life to participate in them all.

Therefore, he was not obsessed with fighting a life-and-death battle with giants like Fang Hexuan in the real estate industry.

In addition, Fang Hexuan promised him that Hutchison Whampoa did not need to be split again, and only needed to transfer the relevant assets to his hands.

In this way, he owned a complete listed group company.

Moreover, he finally understood that Fang Hexuan could completely ignore such a big company. One could imagine how big Fang's ambition was.

I am afraid that the small city of Hong Kong can no longer accommodate its tremendous desires.

Since Fang Hexuan really doesn't take the real estate industry seriously, then what does his Cheung Kong have to worry about when competing with other real estate companies?

Doesn’t Mr. Fang like buildings? Then give them all to him. Cheung Kong will focus on developing residential real estate in the future and will still make a lot of money.

Cucumber, who had figured it out, felt that the soul he had lost some time ago had all returned, and he became full of energy again.

He even felt that Fang Hexuan was much friendlier than before, and he was no longer so disgusted by the voice on the phone. "Mr. Fang, regarding the current management of Hutchison, do you really want to fire them all?"

"Of course, how about keeping them for the New Year? At most, let them stay for another three months to complete the handover!"

"What do you think of the newly recruited executives?"

"Haha, I know what you mean, Mr. Li. I won't compete with you for the positions of chairman and president."

"As long as you fulfill your promise and give me everything I want, I can just walk away without missing a thing."

"From now on, you will be the sole head of Hutchison Whampoa. If you change it to 'Lee Kee Whampoa', I believe no one will be able to stop you."

"Haha, I can't compare to you, the richest man in Hong Kong, a listed company with hundreds of subsidiaries. You can just ignore me, but I treasure you so much!"

"Mr. Li, as the saying goes, 'No fight, no friendship', let's just pretend that the unpleasantness we had this time never happened. We are all Chinese, and we need to support each other in the future."

"Of course, thank you Mr. Fang for your magnanimity. Otherwise, I, Li, would be in trouble in the Chinese business community in Hong Kong."

"Haha, that's too serious."

······
Fang Hexuan hung up the phone, walked to a map of Hong Kong hanging on the wall of the office, and looked at it with interest.

It will probably take some time to completely control Hutchison Whampoa, and it will also take some time to replace the foreign executives there.

But this does not prevent Fang Hexuan from looking forward to his own real estate empire.

He will certainly not allow Wanda to participate heavily in the competition for housing estates in Hong Kong.

The main business of this real estate company in the future will be to develop skyscrapers, mid- to high-end hotels, resorts, amusement parks, commercial streets and comprehensive commercial districts such as Wanda Plaza.

Therefore, the small city of Hong Kong is by no means the limit of Wanda’s development.

This is also the main reason why he recruited Henry Fok before Cucumber.

His main thoughts and energy are definitely not on Wanda,

Therefore, it is very necessary to find a capable person to take the helm of Wanda on his behalf.

He looked at the map of Central and combined it with the experience of later generations who came to Hong Kong to observe.
Use colored pushpins to mark the locations one by one.

The land auctioned in August will be Wanda’s first stop in Central - the Far East Financial Center.

The Golden Gate Building sold to the Jianing Group will definitely return to Wanda next year.

Now there are Hilton Hotel, Liancheng Building, Zhonghui Building, Lijing Building, Global Building, Haifu Center and Chinese Bank.

In the future, he will have fierce competition with many large real estate companies in Hong Kong for land auctions.

No matter how much it cost, he had to acquire the development land for many later landmark buildings such as Exchange Square, Pacific Place, International Financial Centre, International Commerce Centre, Central Plaza, Entertainment Tower, China Hong Kong City, Lippo Centre, World Trade Centre, Ocean Terminal, Windsor House, and Harcourt House.

Only then, he, the richest man in Hong Kong, will be truly the real estate king of Hong Kong.

　Thanks to book friend 20230318044509636 for the recommendation vote!

(End of this chapter)