Chapter 990: The Song Family's Choice

"Mr. Xia, may I ask you the number of Cathay Pacific shares you currently hold?'

Xia Yu's eyes lit up slightly, and a slight curve formed at the corner of his mouth as he said frankly, 'Since the plan has been leaked, there is no harm in telling you. I have now acquired 38% of Cathay Pacific's shares!'

Song Bo's eyes widened in disbelief as he looked at Xia Yu.

Xia Yu had unknowingly acquired so much equity.

If it wasn't for his son's leak, the Shi Yahuai family probably still wouldn't know that Xia Yu was acquiring Cathay Pacific!

And, more importantly,

where did Xia Yu get the 38% equity?

A thought flashed through Song Bo's mind, and combined with the equity structure of Cathay Pacific, the shock in his heart was even greater.

In a tone that was both certain and incredulous, he asked, 'Mr. Xia, have HSBC and Standard Chartered sold their shares to you?'

Xia Yu nodded slightly, calmly saying, "That's right. In addition, Swire Pacific sold me 5% of their shares.'

Song Bo blurted out, "How could the Shih Yahuai family do such a thing?'

Xia Yu laughed, derisively saying, 'But the facts are right in front of you, and they really did do such a thing!'

'Now I have the power of veto!'

'Mr Song, do you think that with Norman Shih Ya-wei's IQ, he can be my opponent?'

Song Bo was silent, but in his heart he was deeply disappointed in Norman Shih Ya-wei.

Is Norman Shih Ya-wei an idiot?

He was able to let go of the shares in his hands, and as a result lost control of Cathay Pacific Airways.

Now he knows fear, and wants to mend the fold. He blocked the door early in the morning to threaten him, wanting to buy the shares from him.

At this level, can he really compete with Xia Yu?

Song Bo didn't know.

Then, he thought of more.

At present, the shares of Cathay Pacific Airways are actually distributed among the three parties of the Song family, the Shiyahuai family, and Xia Yu.

Swire Pacific originally held a cumulative 51% stake in Cathay Pacific, but now it has transferred 5% to Xia Yu, leaving it with only 46%.

If he transfers even 4.1% to Norman Shih Yawei, then Swire Pacific will regain control of Cathay Pacific.

Xia Yu, on the other hand, holds 38% of the shares, and if he gets the 16% of the shares from the Song family, he will be able to increase his stake to 54% and gain basic control of Cathay Pacific.

Therefore, whoever he gives his shares to will be able to achieve ultimate victory.

This is an overwhelming bargaining chip, the importance of which is self-evident!

But the more important it seems, the more bitter Song Bo's heart feels.

This is forcing him to completely choose a side!

Catering to one side will seriously offend the other.

Seeing Song Bo's bitter expression and long silence, Xia Yu was able to guess the general idea in his mind.

After thinking for a while, he decided to seize the opportunity to fan the flames.

Xia Yu said with a faint smile, 'Mr. Song, do you want to know two more pieces of news?'

Song Bo was taken aback and realised that these two pieces of news were not necessarily the good news he wanted to hear. However, at this critical time, only more information would enable him to make a more correct judgement.

Therefore, he forced a somewhat stiff smile and nodded slightly, saying, 'Please go ahead, Mr. Xia.'

Xia Yu said calmly, 'Swire Pacific has also transferred 11.5% of the equity of Hong Kong Airport Ground Services and a portion of the equity of Hong Kong Aircraft Engineering Company to me.'

'I now hold 66.5% of the equity of Hong Kong Airport Ground Services and more than 43% of the equity of Hong Kong Aircraft Engineering Company!'

Boom...

Xia Yu's light words fell into Song Bo's ears like thunder.

He was shocked once again.

He then shook his head with a bitter smile.

He had nothing to say to Norman Shi Yuhuai, who was the head of the Swire Group. And with the example of Hutchison Whampoa and the Jardine Matheson Group, he had more than once talked about being vigilant at gatherings to avoid following in the footsteps of the Jardine Matheson Group.

But how does one strengthen vigilance?

Giving away one's shares voluntarily is called vigilance?

Norman Shih Ya-Huai's poor performance highlighted Xia Yu's shrewdness.

At this moment, he admired Xia Yu's clever tactics. No one in Hong Kong could have achieved this in secret!

No wonder he had been able to win every battle in the capital market!

If he fell to the Shih Ya-Huai family this time, with the situation of the Swire Group, could he defend against Xia Yu?

If Xia Yu avoided this time, what if Xia Yu targeted Swire next time?

If Xia Yu sets his sights on the Song family, will they be eaten too if they are being watched in the dark by such a big crocodile as Xia Yu?

Xia Yu is still so young. If he keeps watching the Swire Group and the Song family for years and years, will they still be able to develop freely?

...

A series of questions came to Song Bo's mind, and he was able to come up with an answer for each one through subjective judgment, but each answer left him speechless.

Song Bo's mind kept tipping the scales towards Xia Yu.

Until...

A determined look flashed in Song Bo's eyes, which Xia Yu happened to catch.

As Xia Yu concentrated, he saw Song Bo staring at him with a critical question: 'Mr Xia, if I sell you the shares, how can you guarantee the interests of our Song family?'

'What would you do if the Shih family retaliated against our Song family?'

'Who should compensate for the losses caused by the Shih family to our Song family?'

Xia Yu smiled, knowing that the shares were basically in his hands.

As long as Song Bo's doubts were dispelled, the duck that was about to fly would not fly away!

Song Bo wanted a promise, and he would give it!

Xia Yu leaned slightly forward and solemnly promised, 'Mr. Song, you will sell me the shares of Cathay Pacific, and you will be my friend. I, Xia Yu, am fierce towards my enemies, but I can be a friend who sticks by you no matter what.'

'If the Shi Yahuai family retaliates against the Song family because of this, as long as you say the word, I will help you, even if it means going to war with the Swire consortium!'

'If war breaks out, then you can refer to the Jardine Matheson Group for what happened to the Taikoo Group. How much benefit the Song family can obtain depends on your own strength. You can also seek the necessary help from me. As long as I can do it, I will never refuse!'

'Not only that, the Song family can also cooperate with me in various ways. With the size of my Jiuding Group, I will not let you suffer!'

'These words, once they come out of my mouth, will be permanently valid, unless the Song family takes the initiative to part ways with me!'

Xia Yu's words were forceful and resounding.

Song Zhicheng, who had been listening quietly, looked at his father frequently, wanting to know his choice.

Song Bo and Xia Yu locked eyes for a few seconds, before decisively saying, 'Fine, since Mr Xia is so generous, the future of the hundreds of people in my family is tied to you!'

'I don't think I've made the wrong choice!'

Xia Yu smiled faintly and said, 'You have always been wise, and this choice is brilliant!'

With that, Xia Yu stood up and extended his hand to Song Bo.

Song Bo also stood up, and their old hands shook tightly.

After resettling, Song Bo tilted his head and said to Song Zhicheng, 'Second son, go to my room, open the safe, and take out the Cathay Pacific Airways shares inside!'

'Okay!'

Song Zhicheng suddenly stood up and quickly walked towards the stairs.

Song Bo then looked at Xia Yu and said, 'Mr Xia, if you want to trade immediately, I have a phone here. You can ask your people to come over.'

Xia Yu, of course, would not refuse. He smiled faintly and replied, 'Okay!'

After that, he got up and went to the phone. He called Wang Qi's office and asked him to bring the signing acquisition team to the Song family immediately. He also reported the Song family's detailed address to him.

After Xia Yu finished, Song Bo also made a phone call, also asking his people to come over.

Soon, Song Zhicheng came downstairs and showed Song Bo the proof of equity.

Song Bo then passed it to Xia Yu to confirm that it was indeed the 16% equity of Cathay Pacific.

In the time that followed, Xia Yu and Song Bo both took the initiative to find topics of conversation, and the atmosphere became increasingly harmonious.

Ten minutes later, Song Bo's people arrived first, and then five or six minutes later, Xia Yu's people also arrived.

The two parties quickly prepared the contract according to the requirements of Song Bo and Xia Yu.

The price remained unchanged at 660 million Hong Kong dollars, the price previously quoted by Xia Yu.

After the contract was signed, Xia Yu and Song Bo went to Jiuding Bank together.

As a token of his appreciation, Song Bo asked Xia Yu to transfer the money to the Song family account with Jiuding Bank.

After the funds were confirmed, the transaction was complete.

Pleasant laughter could be heard in the super VIP customer reception room of Jiuding Bank.

Song Bo shook hands with Xia Yu and said with a smile, 'Mr Xia, I hope you can look after us in the future!'

Xia Yu waved his hand and said modestly, "I don't deserve the honour, let's look after each other.'

'If there is anything Mr Song needs, just let me know.'

Afterwards, Xia Yu turned to Liu Tianci, who was smiling next to him, and said, "Tianci, if the Song family needs funds in the future, you can be more relaxed, after all, we are family.'

It was just empty words, so there was no harm in being a bit more open.

Liu Tianci nodded and smiled and replied, 'Okay, Chairman!'

After that, he extended his hand to Song Bo and said, "Mr. Song, please take care of me in the future!'

Jiuding Bank is one of the financial gods in the eyes of major enterprises in Xiangjiang, and Song Bo is of course happy to deepen his relationship with Jiuding Bank.

He laughed and shook hands with Liu Tianci, saying, "Mr. Liu, then in the future I will come to your side for a cup of tea whenever I have something to do.'

Liu Tianci said modestly, 'You're too kind. You're always welcome!'

Song Bo then looked at Xia Yu and said goodbye to him: "Mr Xia, I need to go back and sort out the assets in the Swire Group and prepare for any eventuality. I'm in a hurry, so I'll take my leave now!'

Xia Yu nodded understandingly and said with a smile, "Okay, what I said at your house will always be valid. If anything unexpected happens, just come and find me.'

'Okay!'

...

After Song Bo left, Xia Yu suppressed his smile, looked at Liu Tianci, and ordered, 'Tianci, keep a close eye on the assets related to the Swire Group and the Shi Yahuai family. Next, I will initiate the second phase of the Cathay Pacific takeover. If the Shi Yahuai family doesn't know what's good for them, I'll have to use other means!'

Liu Tianci's heart sank, and he decisively replied, 'Yes!'