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Chapter 103: Oppression of British Capital

At the reminder of his secretary, Murray MacLehose checked the time.

He walked straight to the podium and gently tapped the microphone.

“Hello, distinguished guests.

I am honored to welcome you to my inauguration ceremony. "

Li Shaoan and Zhao Yazhi sat in the front row.

Sitting at the same table were Director Liang of the Communications Agency and a senior from HSBC.

Chairman of the Jockey Club, Financial Secretary, Secretary for Justice, Assistant Secretary for Administration.

The Standard Chartered Bank executives were just an externally hired management team, so they were not qualified to sit at the same table with them.

Everything is clearly divided, British capital on one side, Chinese capital on the other.

After some polite words, MacLehose finally began to talk about his governance philosophy.

“I am not talented. I am just a diplomat and have no experience in local governance.

But I am willing to do my best to build a beautiful Hong Kong.

During the term of office.

I will vigorously promote the construction of public housing.

It is planned to build at least 100,000 public housing units within ten years so that people can live and work in peace and contentment.

Vigorously develop Tin Shui Wai and develop new towns.

Vigorously promote the implementation of nine-year compulsory education and reduce tuition fees.

Build more hospitals so that Hong Kong citizens can see a doctor more conveniently.

Make every effort to increase the salaries of civil servants so that they can better serve the society.

Strengthen infrastructure construction, increase the number of undersea tunnels, and connect various regions.

We will also strengthen supervision of corruption and improve public security in Hong Kong.”

By this point, MacLehose had basically revealed all of his governance ideas.

All the guests in the audience burst into applause.

In their view, MacLehose's policy proposals were all about money.

Li Shaoan also clapped his hands, thinking with some amusement.

These were the last words spoken by MacLehose in a light tone.

Although MacLee was only a diplomat by profession, he can be said to be one of the most outstanding governors of Hong Kong.

The governor who made the greatest contribution to Hong Kong.

Therefore, Li Shaoan was still willing to strongly support Murray MacLehose.

Half an hour later, the speech ended.

Murray MacLehose came to the main table first and exchanged pleasantries with Li Shaoan and his group.

Then I started wandering around.

After all, those sitting here are all powerful figures in Hong Kong.

He needs the support of these people to smoothly implement his policy agenda.

Another half hour later.

Murray MacLehose came over and invited Li Shaoan to a small reception room for a detailed discussion.

When I came in, I found that HSBC Sanders, Lawrence Kadoorie, Jardine Matheson's Ben Newby and the head of the Keswick family were all there.

When they saw Murray MacLehose and Li Shaoan coming in, they immediately stood up and greeted them politely.

"Hello, Mr. Li."

"Mr. Li..."

Li Shaoan also smiled and replied:

"So many people, everyone is here."

Li Shaoan knew that this group of people came to lobby Governor Murray MacLehose.

After some polite exchanges, Sanders spoke first:

"Mr. Li, I am very sorry about the leak of your deposit at HSBC.

What can I do to compensate for the losses caused to you?

As long as you name it, we at HSBC are willing to work hard to achieve it.

I hope Mr. Li will continue to trust HSBC and not transfer the funds.”

Li Shaoan hesitated for a moment and asked tentatively:

"I want Hengsheng."

When Sandas heard this, his face changed.

He didn't expect Li Shaoan to have such a big appetite.

Since acquiring 1965% of Hang Seng Bank's shares in 62.14, HSBC has become as stable as a rock in Hong Kong's banking industry.

The danger that Hang Seng posed to HSBC back then is still fresh in our memory.

After so many years of growth, Hang Seng's assets are even larger than those of Standard Chartered today, except that it does not have the right to issue banknotes.

There is no way HSBC will give up Hang Seng.

The others present were also stunned by Li Shaoan's appetite.

Lawrence was even more annoyed. It seemed that Li Shaoan would never give up China Light and Power.

Murray MacLehose stood by and said nothing during the whole process, letting them handle it themselves.

He positioned himself very accurately. He just needed to act as a glue and prevent them from breaking up the talks.

If these people start a large-scale business war, it will cause unimaginable damage to Hong Kong's growing economy.

Sanders said with an unchanging expression:

"Mr. Li, you know HSBC will never give up Hang Seng, so why not switch to another one?"

Li Shaoan smiled faintly. He certainly knew that HSBC would not give up Hang Seng Bank, which was a threat to HSBC.

But the lion opened his mouth wide.

You can't just lift up the roof, you can open the window.

What he really wanted was the 22.4% stake of Hutchison Whampoa that was mortgaged to HSBC.

Although now is not a good time, Qi Dezun will not step down until 1975.

But after the stock market crash in 73, Qi Dezun could no longer control the increasingly large and chaotic Hutchison Whampoa.

So now let Sanders remember this favor and give you a heads up.

73 years later, it could have swallowed up the entire Hutchison Whampoa.

Let Qi Dezun do charity as soon as possible.

Li Shaoan smiled and said:

“Sir Sanders, HSBC doesn’t have what I want at the moment.

But I can promise you that the funds will not be transferred.

An announcement will also be issued to help HSBC clarify the leak issue.

I hope you will remember this favor.

It has to be paid back.”

Sanders was delighted, as long as it wasn't Hang Seng.

HSBC is willing to pay for everything else.

Anyway, HSBC doesn't belong to him alone.

But the position in HSBC's senior class is his.

"Don't worry, Mr. Li. As long as I am still in HSBC, I will remember this favor."

Li Shaoan smiled and nodded, shook hands with Sanders, indicating that they had reached an understanding.

Sanders saw that his problem had been solved.

I don't want to stay here anymore. It would be troublesome if I get dragged into this by others.

So he stood up and said goodbye:

"Mr. Governor, Mr. Li, and all the gentlemen.

I have something to do, so I'll leave first.

You guys can chat slowly."

Wait until Sanders leaves.

Lawrence, who was anxious, spoke first:

"Mr. Li, can we discuss this?"

Li Shaoan looked at Squid, who was already so old but was still working for the family business.

I sighed in my heart: No wonder squids keep reproducing, they are really working so hard.

I hesitated for a moment, then realized that I still had plenty of time.

There is no need to be too anxious when doing things, so as not to scare these foreigners.

By then they will feel the crisis is too great and unite.

It will also cause some trouble to his current leisure life.

Moreover, wiping out British capital in a short period of time may not necessarily be a good thing.

England is unhappy but doesn't say anything.

The North may not be happy either.

Because Hong Kong is their window to the outside world.

Without the ghost, what's the use of this window?

Li Shaoan thought for a moment and then said:

"Sir Kadoorie, you should have guessed my business plan. I am determined to take over the electricity industry.

I can give up taking control of The Peninsula Hotels Group and just be a major shareholder with dividends.”

Kadoorie said with a painful expression:

"Mr. Li, don't we still have Hong Kong Electric?

Why must we use China Power? "

Li Shaoan said:

“Because I like its name.

Also, there are good ones.

Who would want something worse?

China Light and Power holds more than 78% of the market share in Hong Kong, while HK Electric only has %.

Besides, HK Electric's infrastructure is so poor that I am not interested in it at all."

The real reason is.

Li Shaoan wants them all.

The Hong Kong government will not allow a complete monopoly on this issue, and there will naturally be a way to solve it in the future.

The secret purchase of China Light and Power has already been known by the Kadoorie family.

Then don't give up easily.

Otherwise you missed this opportunity.

The Kadoorie family will certainly strengthen its control over China Light and Power.

By that time, the only solution would be the physical destruction of the entire Kadoorie family.

Otherwise, there will be no chance to get this high-quality company, China Light and Power.

Physical destruction and robbery will have serious consequences.

Unless Li Shaoan no longer wants to play, he would not choose such means.

It's not just Kadoorie.

Even MacLehose and Jardine Matheson's Newbigin and Keswick were amused by Li Shaoan's reasons.

Is it just because you like the name of China Light and Power that you want to snatch it from the Kadoorie family?

Of course they knew it was just an excuse.

After all, he is a businessman.

Who doesn’t like a high-quality company that can generate continuous profits?

China Light and Power can be said to be the entire Hong Kong at present.

Except for a few companies such as HSBC and Cable & Wireless, it is the best company.

There is absolutely no risk of loss, you can just sit back and collect money every year.

Even Jardine Matheson, the tycoon in Central, a big landlord and rent collector, sometimes feels envious.

Lawrence Kadoorie was struggling in his heart.

He didn't want to give up the family business, China Light and Power.

But now the Kadoorie family only holds 27% of China Power shares.

The Sihai Investment Company, which Li Shaoan put Fang Jinxin in charge of, had already announced a 25% stake.

It can be said that all the China Power shares on the market were swept away by Fang Jinxin.

The remaining 48 percent of the stock is held by the major companies in Bald Eagle.

But Lawrence called to inquire and confirmed that except for 15% of the shares, they still had them.

Other companies and institutions holding 33% of China Power shares.

The attitude is ambiguous.

He immediately understood.

Li Shaoan has already contacted these companies and may even have obtained their shares.

Lawrence smiled bitterly and said helplessly:

"Mr. Li, let me go back and think about it carefully. I can't make a decision now."

Whether to stop losses in time and switch to other industries.

Let’s give it a try with Li Shaoan.

He needs to go back and have a good communication with the people in the family.

Li Shaoan stood up and smiled at the old squid:

"Sir Kadoorie, you can go back and think about it slowly."

After Lawrence Kadoorie left.

Li Shaoan looked at Newbyjian and Henry Keswick with some confusion.

Wharf Holdings and Swire Properties are so secretive, there’s no way they could have known about it, right?

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