My Age of Investment

Chapter 1027: Passing on from descendants to grandchil

   Chapter 1027

  "Li Yaozu recommended you to take his place as the head of the Hong Kong office. He spoke highly of you and said that you are the most outstanding female professional manager he has ever seen. Of course, referring to the financial field."

  Hong Kong, in the office on the 49th floor of the second phase of the IFC, Xia Jingxing is sitting in a spacious boss chair. Opposite him is a very neutral woman in her early thirties, combing her greasy hair.

  The woman shrugged with a smile, revealing a sense of freedom all over her body, "It is a great honor to receive such a high evaluation from Sir Li. Of course, I am very grateful to Sir Xia for this opportunity."

  Xia Jingxing smiled, unintentionally correcting the other party's "Xia Sir" appellation full of Hong Kong Island characteristics, and let her call her whatever she likes.

  He only cared about whether the woman in front of him named Ye Shuhui could take care of the big deal in Hong Kong.

  "Li Yaozu handed over to you the report that he led the team to investigate since last year, right?"

   Ye Shuhui lightly nodded, “It has been handed over, and I took the team and conducted a second round of research on the companies involved in the report.”

  Noting that Xia Jingxing raised her eyebrows, Ye Shuhui explained without a problem: “I need to understand the details more deeply to form my judgment.”

  The corner of Xia Jingxing’s mouth raised, "How to do it, that's your business, I only care about the final result."

  Ye Shuhui didn't speak, her expression was unwavering, she didn't know if she was extremely confident or pretended to be.

  After a few more conversations, Ye Shuhui got up and quit.

  At this moment, Liu Xiaoduo just knocked on the door and walked in.

  When she and Ye Shuhui passed by, she deliberately looked at each other a few more times.

   Ye Shuhui also noticed the boss’s secret, smiled, and nodded in greeting.

  After people left and the door was pulled up with a "bang", Liu Xiaoduo looked back.

  "What are you looking at, haven't you seen a woman?"

Seeing Xia Jingxing's ill-tempered look, Liu Xiaoduo smiled, "Anyway, I have never seen such a handsome woman, with that hairstyle, that temperament, and that smile. I was a woman who was swept by her eyes, and my heart was beating. "

   "Are you empathizing, don't fall in love? Chun brothers are not fans anymore?"

   Liu Xiaoduo shook his head, "No fans, Brother Chun is far behind, no Mr. Ye!"

  Xia Jingxing laughed suddenly, and Liu Xiaoduo also smiled embarrassedly.

  "Where do you ask you to collect and sort out the materials?"

   "Here it!"

   Liu Xiaoduo raised a large stack of documents in his hand.

   "Put it on my desk!"

   Liu Xiaoduo put the documents on the table as instructed.

  "You go out first. Just bring the meal in at noon. No one is allowed to disturb me in the middle."

   Liu Xiaoduo nodded "Oh", quietly exited the office, and gently closed the door.

  Xia Jingxing sat upright, picked up the documents on the desk and began to read.

"Li Kee Whampoa", "Yellow River Industry", "Li Kee Telecommunications International", "Li Kee Port and Land", "Yellow River Infrastructure", "Yellow River Life Science and Technology", "Chisky Energy", "Hongfu Industrial Trust", "Tom Group", "Electric Lamp Industry", "Lihuang Medicine"...

  The cover of each document is clearly marked with its name. After opening, the text includes the financial reports of the past years, the recent investment actions of various companies, the cash reserves on the account, and so on.

  The staff of the Hong Kong Island office have almost ripped up these materials in the past year. Xia Jingxing knows the general situation, but before deciding to formally start, he still can’t help but read it carefully.

  Seven or eight hours passed, Xia Jingxing raised his head and let out a long sigh of relief. Looking at the still shining sunset outside the window, he was full of emotion. The plastic flower king's family is very solid!

Excluding Chisky Energy, which is listed on the Toronto Stock Exchange in Canada, and Lihuang Pharmaceutical, which is listed on the London Stock Exchange, there are as many as 8 Hong Kong-listed companies controlled by Li’s family. Real estate trust funds are listed on the main board in the form of fund units.

  Among the 8 listed companies, there are flagships such as Liji Whampoa and Huanghe Industrial, which have a market value of hundreds of billions of Hong Kong dollars. The net profits of the two companies each reached 30 billion Hong Kong dollars last year;

  There is also a leather bag Internet company like Tom that continues to decline. Today, its market value has fallen by only one or two billion Hong Kong dollars, which is far less brilliant than in previous years.

  The main business of Huanghe Industry is real estate development and rent collection, hotel industry, etc.;

  Li Kee Whampoa’s business involves retail, Chisky Energy, ports, etc.;

  Yellow River Infrastructure mainly revolves around infrastructure-related businesses. It is also a major shareholder of the Electric Light Industry, and the main source of profit also comes from the Electric Light Industry.

  Yellow River Infrastructure and Li Kee Telecom International contributed 15% of the main revenue of Li Kee Whampoa.

  ……

  Cross-shareholdings of various listed companies of Li family enterprises, various Russian dolls.

  Nevertheless, locals in Hong Kong know which of the two core companies of the Li family are, not to mention professional investors.

  Huanghe Industrial, whose stock code is No.1, as of yesterday’s closing price, the market value has reached 334.2 billion Hong Kong dollars. The Li family holds a total of 93.204 million shares of the company, accounting for 40.24% of the total share capital;

   No. 13 Li Kee Whampoa has a market value of HK$377.3 billion. The Li family holds 2,190,270,000 shares, accounting for 51.37% of the total share capital;

  The total market value of the two companies exceeds HK$700 billion. The Li family holds nearly half of the shares. They are the main source of wealth for the Li family and the two most important platforms for holding and investing in other industries.

  Several other larger listed companies, Liji Telecom International has a market value of HK$54.3 billion, Yellow River Infrastructure has a market value of HK$64.1 billion, and Electric Light Industry has a market value of HK$93.2 billion. The Li family holds 65.99%, 84.82%, and 38.87% respectively...

  A large part of the shares and equity of these three companies has been injected into Liji Whampoa and Huanghe Industrial.

  Liji Ganglu, Yellow River Life Science and Technology, and Hongfu Real Estate Trust have a market value of several billion Hong Kong dollars, which is slightly larger than that of the Tom Group, which is mainly managed by the second son of Li family and Xuan Zou.

  These four listed companies are leftovers of the Li family industry kingdom.

  Xia Jingxing organized all the documents neatly, put them away, and rubbed his face, the plan in his heart became clearer.

   picked up the landline on the desk and called Ye Shuhui.

  Three minutes later, Ye Shuhui appeared in Xia Jingxing’s office.

   Glancing at the documents on the table, Ye Shuhui smiled and said, “Xia Sir, you haven’t been out all day, have you studied this all?”

  "Understand the details and form my own judgment."

   Ye Shuhui chuckled softly, and the big boss returned the words to herself intact.

   "Stop talking gossip, talk business!"

  Ye Shuhui folded her hands on the table, posing as if she was listening attentively.

  "Your judgment is correct. Electric Light Industry and Yellow River Infrastructure should be crossed out of the short-selling targets. It is sufficient to add one Liji Telecom International to Huanghe Industry and Liji Whampoa."

  Xia Jingxing looked at Ye Shuhui with a gentle smile. He carefully read the information for a whole day and thought about it for another day. He had to admit that this woman still has two brushes.

  Li Yaozu’s plan is to include Electric Light Industry and Yellow River Infrastructure as short-selling targets. Before he could start the plan, he was transferred to open up the European market.

  Ye Shuhui’s face did not appear complacent because the boss agreed with her plan, and she still looked like an ancient well.

  She said: "The Electric Light Industry was established in 1889. At that time, Hong Kong Island was still a colony. Electric light was a high-tech product. Electricity was only supplied to the dignitaries on the Victoria Peak and the street lights in the commercial streets of Central.

  In 1983, on the eve of the return of Hong Kong Island, the British-owned foreign company sold the electric lamp industry, which was sitting and counting banknotes, to Li Kee Whampoa at a low price.

  After various equity transfers, the major shareholders of Electric Light Industry are now held by Huanghe Group and Liji Huangpu through Huanghe Infrastructure. The current chairman of the board of directors is He Jianning, Li Huangtai’s right-hand man.

  Electric Light Industry is currently one of the largest power supply companies on Hong Kong Island, and the other company is China Power.

From 1997 to the early 2000s, Hong Kong’s economy was in recession for several consecutive years. In the case of inflation, the Electric Light Industry continued to increase its electricity bills significantly. At the same time, the Electric Light Industry paid high dividends to shareholders and continued to receive People criticized. "

Speaking of this, Ye Shuhui sneered, "What's the use of reproaching? This kind of company that involves people's livelihood is controlled by private capital, even if it has signed a profit control agreement with the government, but it still raises prices and plays with the rules. It's plain and clear.

  From 1998 to this year, the Electric Light Industry has increased its electricity bill 7 times, with a cumulative increase of more than 30%.

  Electric Light Industry has a kWh of electricity and fuel surcharge at 1.274 Hong Kong dollars, while another power company, China Electric Power, controlled by the Jewish Kadoorie family, has an electricity cost of 0.911 Hong Kong dollars per kWh.

  Electric Light Industry is 40% more expensive than China Power! Really a conscientious businessman, he is of the same nation as us.

Hong Kong Island now has only these two power companies, and each manages an area. Users on Hong Kong Island, Ap Lei Chau, and Lamma Island can only choose the electricity service of the Electric Light Industry, while Kowloon and the New Territories are owned by China Power. In other words, The user has no choice! "

   Xia Jingxing watched Ye Shuhui and calmly said: “The profit control agreement will expire next year, and it will definitely be negotiated again this year. If the government asks for a reduction in profits, the share price of Electric Light Industry will definitely plummet.”

   Ye Shuhui shook her head, “I don’t think so. Most people are too optimistic. Some people say that the electricity market will be opened up and other companies will be introduced.

  Mr. Li already has grandchildren, won’t these “rent collection” industries be passed on to grandchildren in the future?

  Why buy low-risk, long-flowing industries such as energy and ports, not for the sake of passing on from generation to generation! "

  (End of this chapter)