Chapter 788 Taikoo Foreign Company!

Chapter 788 Taikoo Foreign Company!

As one of the four major foreign banks in Hong Kong, Swire & Co. ranks fourth, which shows that its strength and scale are still inferior to those of Jardine Matheson Land, Hutchison Whampoa, and Wheelock & Company.

Swire & Co.'s main businesses are actually many.

One of them is aviation.

Hong Kong Airlines is Swire Airlines, and now Xiangjiang Airlines has a direct monopoly on all flights.

It was not until Hong Kong Dragonair, established by Chinese capital, appeared in Hong Kong that the second airline appeared in Hong Kong.

Now, China Airlines has a monopoly on all external flights to Hong Kong.

And there’s Taikoo soda.

Swire Soda is mainly involved in the Coca-Cola soda and bottling industry. It almost monopolizes the Hong Kong and even Asian markets. Even domestic Coca-Cola is related to Swire.

Then there is Taikoo Sugar.

Taikoo Sugar invested very early on, and it is also spread all over the world.

The remaining companies include Swire Dockyard, Swire Shipping, Swire Trading, Swire Energy, Swire Cold Storage, and Swire Properties.

Later, Swire Properties emerged in China and successively built high-end retail landmarks in first- and second-tier cities in China. With the block-style shopping mall "Taikoo Li" and the comprehensive commercial complex "Taikoo Hui" as its two major brand lines, the word "Swire" became a high-end brand. It is synonymous with "top luxury shopping mall" in the minds of net worth people.

At this time, Swire's main businesses were China Airlines, Swire Soda, Swire Sugar, Swire Dockyard, Swire Shipping, Swire Trading, and Swire Properties.

However, Swire Properties' development efforts are still far behind now, and it actually has quite a lot of reserved land in Xiangjiang.

This time, after the Imperial Group quietly swallowed up Wheelock & Company, it really frightened Mr. John Swire, the current chairman of Swire and the fifth generation head of the Swire family.

Although a few years ago, he had already begun to respond to the rise of strong Chinese capital, how to avoid falling into the hands of Chinese capital like Hutchison Whampoa and Jardine Matheson Land.

In addition to the gradual repurchase of a large number of shares of Swire-related listed companies by the Swire family, the shares are controlled through complex cross-holdings.

Even then, John Shi is still afraid now.

In Shi Huaiya's view, Xiangjiang will still have to return to Country Z.

So by that time, will the Schweizer family still be able to retain Swire's controlling stake?

He didn't want to lose Jardine Land like the Yosek family did.

When John Shi stood up and thought.

He was wondering whether he should move Swire's headquarters directly back to London?

. . .

When Merliss, John Bao and others held a press conference, Yang Ming had already taken the car back to the Repulse Bay Mid-Levels Villa.

Just returned to the Imperial Group.

Yang Jirong, Li Yufang, A Zhu, Zhong Chuhong, Guan Jiahui, and Lin Dezhong all came out to greet them.

They have learned that the Imperial Group has officially swallowed up Wheelock & Company, the third largest foreign trade company in Hong Kong.

Even though Yang Ming has been making large-scale acquisitions over the years, they were still shocked when they heard the news.

"Daddy, Mommy."

Yang Ming got out of the car.

"Peter, I really didn't expect that you and Imperial Group would acquire Wheelock & Company again."

After dinner.

Yang Ming went upstairs.

This time, Yang Ming was not as excited as his parents because he swallowed up Wheelock & Company too easily.

To him, it all seemed to come naturally.

He knew he had been planning this for several years.

Now among the four major foreign banks in Hong Kong, Taikoo is the only one left.

in history.

Yang Ming knew that the smartest ones were the Shi Huaiya family from Taikoo.

The other three major foreign companies.

Hutchison Whampoa was swallowed up by Li Jiacheng.

Wheelock was swallowed up by the Bao family.

Jardine Matheson Land was frightened, and Niu Bijian used cross-shareholding methods to retain control.

Even then, in 1984, the headquarter of Jardine Matheson Land, Simon Yosek, the chief executive of Jardine Matheson Land, announced that he would move the registered place of Jardine Matheson Land from Xiangjiang to Bermuda. In addition, he also moved the headquarters back from Xiangjiang. Arrived in London.

This incident still had a great impact in Hong Kong, and even led to a large number of British capital, and even Chinese capital moved its registration place to Bermuda and its headquarters to London.

In addition, Jardine Land's business has gradually expanded to Southeast Asia, Europe and other places.

As for Taikoo & Co., Ltd.

The Schweizer family of Taikoo Matheson is not like the Josek family, but the headquarters still moved back to London.

Because Swire's main business was in Xiangjiang, it was impossible to move the business away. Later, it cooperated with domestic Chinese capital instead. In addition, it also began to invest in domestic real estate, which allowed the Swire family to maintain its business well. acquired a controlling stake in Swire.

now.

The Imperial Group has swallowed up the top three foreign banks.

The remaining Taikoo Matheson.

It's impossible to say that Yang Ming doesn't pay attention.

From the beginning, Yang Ming knew that a single move could affect the whole body.

It was precisely because of that that at that time, why he considered swallowing up Wharf, Hutchison Whampoa first, and then Jardine Matheson Land.

Not Wheelock or Swire.

If he wanted to swallow Taikoo from the beginning, Yang Ming knew that he could, but the problem was that the price would be high. It would be difficult for him to swallow Yihe Land.

Among the four major foreign banks now, Swire is the most difficult to crack down on.

Yang Ming already knew that the Swire Shi Huaiya family must have been frightened by his series of acquisitions.

Then the controlling shares of Swire-related listed companies must have been repurchased by Swire.

It is basically impossible to acquire Swire through the stock market.

However, it is not impossible to start from other places.

It is now Swire's most important business.

Domestic Airlines international flights.

And Taikoo soda.

Why is there only one airline in Hong Kong, China Airlines, and it has a monopoly on all flights?

This is the cleverness of Swire and the Swire family.

Because they have people in the Government House and London, if any other consortium proposes to establish a new airline, it will be rejected immediately.

It was not until 1985 that Hong Kong's second airline was established by Chinese tycoons and institutions such as Cao Guangbiao, Bao Yugang, and Huo Yingdong.

However, this airline failed very badly and was no match for China Airlines. In the end, China Airlines acquired it. This was considered Bao Yugang's most failed investment.

As for Taikoo Soda, Yang Ming has already paid attention to it.

In other words, Yang Ming felt that he still had a good chance of defeating Taikoo, or even investing in or swallowing Taikoo.

Unless the Schwaiya family takes the initiative to give up its business in Xiangjiang.

But that's simply not possible.

If Taikoo leaves Xiangjiang, it will no longer be the original Taikoo.

Yang Ming thought until late at night.

Have a night's rest.

Today is already the 29th of the twelfth lunar month.

It's also Friday.

Yang Ming is going to go back to work at the company today. Tomorrow is New Year's Eve, so he will have a rest.

Yang Ming finished breakfast with his parents.

Came to the office of the chairman of the Imperial Group.

Just as he sat down and Lin Xiuzhi made him a cup of coffee, there was a knock on the door and it was Meris who walked in.

"Boss, I just heard some very important news."

"what news?"

"It is said that the Swire family is planning to move the registered address of Swire & Co. to Bermuda and the Swire headquarters to London."

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