The rise of Hong Kong's wealthy families

December 19

Ho Ka-Hao flew to the United States a few days ago to handle the box office investment of "Joker" and bought US$180 million in gold from a financial company affiliated to Goldman Sachs. At this time, gold was US$280 per ounce.

At the same time, He Jiahao also studied the economic situation of the United States on the spot. The stock market was still in a sluggish state and was not suitable for investment.

So, he returned to Hong Kong on the 17th.

In the morning, Quarry Bay and China Gas Company Headquarters

The board meeting held by He Jiahao was attended by eight people, five of whom were from He Jiahao.

On the other side is Li Xiaohe, who holds 12% of the shares and is the second largest shareholder of China Gas.

"Today's topic is dividends. The company's profit this year is 340 million yuan, and there is still 310 million yuan on the account, so I suggest a dividend of 300 million yuan, and the remaining 10 million yuan will be used as the company's working capital. What do you think?" He Jiahao said shamelessly that in fact the board of directors was already controlled by him and he was just going through the process.

The other directors all agreed, leaving only Toshitaka and the other two who had not yet answered.

"Of course I am in favor of dividends. It is a good thing to have money. From now on, I will leave the management of China Gas Company to He Sheng." Li Xiao said with a warm smile.

"Don't worry Li Sheng. Although I am young, I have also been in business. With the help of the staff, it will not be a problem." He Jiahao nodded and said with a smile. He understood what Li Xiaohe meant, which was to tell him not to mess around.

Li Xiaohe is the current head of the Li family. He is in charge of the TVB TV station and a large property in Causeway Bay. He is also on good terms with the Hong Kong government. He is very powerful and is a proper Hong Kong wealthy family.

However, He Jiahao didn't have a good impression of the Lee family, because in the early 20th century, the Lee family was an opium dealer. Later, relying on the mountains of Causeway Bay, he became the overlord of Causeway Bay and was a super charterer.

The properties owned by Lee Family are very popular. If you include the properties under construction, the rental area will reach 2.7 million square feet in the future. In the 1980s, it could receive no less than 20 million yuan in rent every month. How amazing is this? horrible.

You must know that it takes more than half a year to complete a small and medium-sized real estate to earn 20 million, while Lijia only needs to sit back and collect rent.

Now, the Li family still holds a lot of land in other areas, and He Jiahao naturally wants to get some wool from the Li family.

According to the equity distribution method, He Jiahao can get 194.1 million from the 300 million profit, and then pay another 6 million to cover the 200 million loan.

After the meeting, He Jiahao invited Li Xiaohe to the office, and the secretary left after serving tea.

In the previous life, Li Xiaohehui passed away in the summer of 1980, and Li Dingchang presided over the Li family.

"Li Sheng, I really envy the Li family. Owning such a commercial building in Causeway Bay, he is indeed the land king of Causeway Bay." He Jiahao praised.

"He Sheng has received the award. He Sheng is already a rich man worth more than 1 billion at a young age, which is rare even in the world." Li Xiaohe said with the same compliment.

"It's just good luck. I can't compare to you."

Yoshitaka was born in 1910 and is now 68 years old. He has been in charge of the family business for more than 30 years. During this period, he founded TVB. He is still the chairman of the board of directors of TVB and even serves as a director of Cathay Pacific Airways. One can imagine the huge power of the Lee family.

"To put it bluntly, why did He Sheng call me here?" Li Xiaohe knew that people who can achieve such achievements, even if they are young, should not be taken lightly, otherwise they will suffer big losses.

"I heard that Lisheng wanted to sell its United Soda Company, so I wanted to see if there were any opportunities." He Jiahao said with a smile that the soda market is huge and is one of the expansion directions of Taoda Food.

Toshitaka was silent for a moment, then slowly said, "The United Soda Drink Company is a family business. Although it has been losing money for many years, it will not be sold now. What He Sheng heard was just a rumor, not a fact."

"Really? Let's work together next time." He Jiahao knew very well that the United Soda Drink Company in his previous life was sold by Li Xiaohe's wife. Around the 1980s, he was now just dealing with Li Xiaohe and finding an excuse.

The Li family has been in Xiangjiang for more than half a century. Even if its development momentum is not as good as that of the newly rising tycoons, it cannot be underestimated, especially when Li Xiaohe is the head of the family.

After Li Xiaohe left, He Jiahao picked up the newspaper and looked at it. The big frame was discussing the 'news about the opening of the north'.

This is a sensational event for the entire nation and even the world. As the only bridge to the entire mainland, Xiangjiang is naturally very concerned about this matter. At the end of last year, senior officials visited Xiangjiang and told reporters that "the mainland will use a large amount of funds to open up, and Xiangjiang will play a key role in this.

He Jiahao is naturally aware of the opportunities brought about by this opening up, but now is not the most appropriate time.

Such news has a positive effect on the stock market. The Hang Seng Index reached 1864 points, which is a bit gratifying.

Taoda Food acted very quickly. It privatized Beipu Food Company at a low price, expanding its assets and products a lot. The stock price has risen to 4.7 yuan per share, with a market value of 440 million yuan. It is a stable medium-sized company. Food company.

At the same time, Beipu Food's products can be sold through Taoda Food's sales channels, increasing the company's profits.

However, Donglin Chemical Co., Ltd. did not go so smoothly. The bank did not agree with the company's bankruptcy, and did not agree with the 10% repayment of the debt.

Hearing the news, He Jiahao laughed. The bank must think that with the intervention of Huamei Real Estate Company, Donglin Chemical's loan will definitely be recovered. This amount of money is nothing to Huamei Real Estate Company, but why should Huamei Real Estate be rescued? Donglin Chemical is on the verge of bankruptcy.

In fact, there is no rush to do this. If we want to change the nature of the Yuen Long land, we will have to wait until after 1982. At worst, we will buy the land from Donglin Chemical at a high price. There is no need to bear these debts.

"No wonder, so many real estate developers are not interested in Donglin Chemical. It turns out that the banks also know the secrets and want to see who will come in to pay back the money." He Jiahao said to himself with a wry smile.

After thinking about it, he still picked up the phone and said into the receiver, "Put Donglin Chemical aside for now. Since the bank is willing to wait, let's wait with them. The most likely outcome is bankruptcy, which is also in our interests."

"Yes, then I have stopped contacting the bank, but what about Donglin Chemical's loan interest?"

"It's impossible for Huamei Real Estate to help Donglin Chemical pay interest. The bank wants interest, so let them auction the land." It's not like Ho Ka-Hao has to win the land in Yuen Long, he just wants to get a bargain. Since he can't get it, There is no need to dwell on it.

"OK, I see."

After hanging up the phone, He Jiahao felt it was a pity. The land in Yuen Long could make a lot of money. After such a deal, Huamei Real Estate would not be able to get it, and it would have a bad reputation. It would be difficult for the bank to auction it off.

At this period, Hong Kong was not short of land, but land in the economic center. Yuen Long was a remote area. Even if it had 185,000 square feet, many real estate developers were unwilling to argue with banks on it. After all, land could be purchased in other areas. .

If it takes another ten years, I'm afraid it will be as the bank wants, but He Jiahao guesses that the bank can't wait until that time.

Who can bear to have bad debts for ten years and be criticized every year, and it is not cost-effective.