Rebirth of Hong Kong 1981

  Chapter 801 Profound Background of Chunghwa Electric Power Company

   For a while, I couldn't find a way to cheat Li Chaoren, and Yang Chen didn't care. There will be time in the future, so this kind of thing can't be too anxious.

   Besides, now he holds a lot of stocks in two companies under Li Chaoren. Thinking about it, in the future, Li Chaoren will have to work hard for him to make money, which is actually quite cool.

   Of course, you need to pay attention when you are in the same boat with Li Chaoren, that is, be careful not to be tricked by the other party.

  Yang Chen remembered reading a report about Li Chaoren in his previous life. It mainly talked about Li Chaoren's successful escape from the stock market crash of the century in 1987 by raising funds through an early rights issue.

   In the month before the stock market crash, Li Chaoren released the largest rights issue plan in history. The four companies under his control raised more than 10 billion Hong Kong dollars in total, becoming the largest market transaction at that time.

  Before the stock market crash, all the people who got rights shares thought they had made a lot of money, but only after looking back did they find out who was a fool.

  Black Monday

   Presumably many people are not unfamiliar with this.

   On October 19, 1987, an unprecedented "stock market crash" hit major stock exchanges around the world.

   This day is known as Black Monday by later generations.

  From New York to Hong Kong to London, the world's major stock exchanges suffered a cliff-like collapse on the same day, and investors all over the world suddenly felt sad.

The reason why   Black Monday is so popular with later generations is that, in addition to its subsequent impact, the suddenness of its outbreak was unexpected by many people.

  Before the stock market crash, countless investors maintained maximum optimism about the economies of the world.

   In 1987, the global population exceeded 5 billion, and the huge demographic dividend brought a huge amount of cheap labor to the world economy.

   Also in that year, British Prime Minister Margaret Thatcher led the Conservative & Party, won the election again, and was re-elected as British Prime Minister for three consecutive terms, making Margaret Thatcher the longest-serving Prime Minister in British history.

  Mrs. Thatcher's privatization reform has restored the British economy and entered a period of rapid growth. As a member of Europe, the economic development of the United Kingdom directly affects the economic development of European countries.

  Mrs Thatcher's re-election is a very congratulatory event for the whole of Europe, which is conducive to the development of the entire European economy.

  In addition to the above two things, it was also in that year that US President Ronald Reagan stood under the Berlin Wall and shouted to the top leader of the Soviet Union to "tear down this wall".

  The supreme leader of one of the two superpowers in the world, took the initiative to send out a signal of goodwill. During the Cold War, it was definitely a great event that people all over the world should be grateful for.

  Everything is announced to the world, and this will be another year of prosperity and development.

   But, like all "disasters", they are often unexpected.

  Some people say that in the financial circle, no matter how much money you have on your books, it is wealth on paper. As long as you don’t liquidate, you cannot be called a winner.

  When the stock market crash comes, after the bubble bursts, it is often the most test of a person and a company.

Disasters can often overwhelm countless people, and at the same time they can achieve many people, and Li Chaoren belongs to one of the latter. As a man who seems to be able to predict disasters every time and has always been at the forefront, Li Chaoren is in the face of disasters. , the various divine operations he made were ridiculed by many later generations as "traversers".

  Li Chaoren's life, everyone gave him a summary of six words, 'buy right, sell right'.

   Such a person has faced countless disasters, but he has been able to calmly pass the test time and time again. The most important point is that he will not have any losses himself. Instead, he has repeatedly used disasters to further expand his business.

   Such a person, once you despise him, there is absolutely no negotiation in being trapped.

   In order to avoid his own fame, and finally planted in the opponent's hands, Yang Chen will not deliberately target the opponent, nor will he deliberately stare at the opponent's every move, waiting for the opportunity to find the other party's trouble.

Sometimes inadvertent shots can have unexpected effects. No major event can be easily shot. With the eyes of the other party, it can be seen through at a glance. In the end, don’t get caught, but put yourself in. .

   Therefore, the acquisition of Li Chaoren's shares this time is similar to an upright and upright conspiracy. Yang Chen feels that it is quite suitable, and it is the best way to deal with people like Li Chaoren.

   "Hey, what are you thinking?"

   A soft voice sounded in his ears, Yang Chen came to his senses at the right time, and seeing Xue Yufei and He Chaoqiong staring at him, he couldn't help asking: "Why did you come up?"

   Before Xue Yufei spoke, He Chaoqiong, who was on the side, spoke first, "I also said that Uncle Li has been down for so long, but you are in a daze here, is there something wrong?"

"It's nothing, I was thinking about something just now." Yang Chen shook his head and walked over to the two girls, "Okay, let's go, it's getting late, we'll finish our trip to Ap Lei Chau in a while, and we have to go to Lamma. Island, I heard that the power plant on Lamma Island will be built in two more years..."

  Xiangjiang Electric Light was established in 1889 and was one of the largest power plants in the early stage of Heungkong. As the earliest city in Asia with electricity supply, electricity has made an indelible contribution to the economic development of Heungkong.

   Now Heungkong Electric has developed into one of the two largest power supply companies in Heungkong. In Heungkong, except for China Power, the electricity supply of Heungkong Island is almost all delivered by Heungkong Electric.

   In 1968, Heung Kong Electric built a fully computerized power plant in Ap Lei Chau, which used oil to generate electricity. After it was completed last year, the total power generation capacity reached one gigawatt.

   With the construction of the power plant on Lamma Island, the power generation of Xiangjiang Electric Lighting will quadruple in the future, which is enough to meet the electricity demand of the increasingly prosperous Xiangjiang Island.

In fact, compared to Heung Kong Electric, Yang Chen wanted to acquire Chunghwa Electric Power Company, but because the background of the big man behind Chunghwa Electric Power was too big, he didn't dare to touch it, yes, he just didn't dare to touch it, so he had to retreat. Next, choose the Xiangjiang electric lamp in the hands of Jardine.

   Compared with the Jardine Group, the background of Chunghwa Electric Power is really not what most people dare to imagine.

   There are only two behind-the-scenes major shareholders of CLP Power, one is the famous Kadoorie family, and the other is the American Mobil Corporation.

   That's right, it's Mobil Oil Company. Does it sound familiar? In fact, it also has a name, Exxon Mobil Oil Company.

   Exxon Mobil Oil Company is the world's largest oil company in later generations. In 1999, the American Mobil Oil Company and Exxon Oil Company merged to form Exxon Mobil Oil Company.

  ——

   (end of this chapter)