The rise of Hong Kong's wealthy families

After New Year's Day, He Jiahao anxiously signed a transfer contract for the Entertainment Building with China Entertainment Real Estate Company. The price was 76 million, which was a very cheap price.

He looked at this small but well-located building with an expression of excitement on his face. This was the best building he had so far, and it was more expensive than the two small buildings on Fei'e Shan Road that were about to be completed combined. If you want high quality, continue to rent it out now, wait until the stock market crash in 1987 to rebuild, build a 32-story high-end commercial building, and the rentable area will increase significantly, and you can recover your capital in four to five years.

"If we win two more central buildings with such excellent locations, Huamei Real Estate will develop even more rapidly, and there will be no problem in becoming one of the top ten real estate companies in Hong Kong." Huo Jianning sighed at the side.

"The buildings here are rare, but what do you think of the high-end commercial building next to the Admiralty subway station?" He Jiahao touched his chin and said in a pretentious tone.

"Admiralty? Although it is a little worse than the central area of ​​Central, if the area is large enough, the difference should not be big. Which building is the boss talking about?" Huo Jianning asked in surprise. He had a vague guess about the building that the boss was eyeing. Just not sure.

He Jiahao never does things without aim. He only speaks out when he has a plan.

"The Haifu Center Gemini Building is comparable to the Entertainment Building, right?" He Jiahao looked at Huo Jianning with a smile and said in a low voice. Li Chaoren's Yellow River Industrial was responsible for the construction of these two buildings.

Due to some reasons, the construction has been delayed a lot compared to the original schedule. I am afraid it will not be sold until the middle of this year, which is just in line with He Jiahao's interests.

If Huamei Real Estate can acquire these two buildings, the rent-collecting area will be greatly increased, the net asset value will be raised to a higher level, and there will be no problem in becoming a listed company with a market value of 2 billion.

In his previous life, Liu relied on the Entertainment Building and the Huazhi Center Building to become an unbeatable little power. In 1987, he was listed in the top ten candidate chaebols. He was extremely prosperous. Even Sino, which started in the 1970s, did not have more assets than Liu.

The influence of high-quality properties on the development of a company is terrifying. At the same time, it can greatly enhance the confidence of shareholders in the company, which is conducive to raising more funds through rights issues, such as the Golden Gate Building that was speculated to the sky by the Jiani Group.

"Haifu Center Building! It is indeed a very high-quality property, not much worse than the Entertainment Building. When will the boss plan to take it?" Huo Jianning changed his mind and then said, "The two Haifu Buildings will probably not be less than 12 billion, will it make Huamei Real Estate overly in debt?"

"Even if it is a rights issue, it can only pay half of it. The loan is 600 million, which requires 78 million in interest a year. It swallows up the profit of Huamei Real Estate for half a year. This is a serious debt." He Jiahao said with a smile, "Manulife Development is rich. , it can be purchased by Manulife Development first, and then transferred to Huamei Real Estate step by step."

"Yeah, that's right." Huo Jianning nodded. He had some understanding of his boss's personal financial resources.

He Jiahao's plan is huge. If it goes well, Lao Li may have to pay not only two buildings, but also some high-quality companies.

After visiting the Entertainment Bank Building, he went to Standard Chartered Bank.

Whether it is New Era Real Estate, Kwong Sang Hong, or Hepu International, Ho Ka-Hao must keep an eye on it to prevent unexpected situations.

"How is the stock market today?" He Jiahao asked with a smile.

"He Sheng! There is not much movement in the stock market today, and most stocks are rising steadily. Hepu International purchased another 12 million shares, consuming 157.2 million yuan, and leaving a special account of 1.3488 billion yuan. New Era Real Estate The company purchased 4.8% and used 21.12 million yuan of funds," Qian Jun reported carefully.

"Help me check how many shares Zhao Qishan, chairman of New Era Real Estate, holds now." He Jiahao knew that Zhao Qishan's acquisition funds were all borrowed. The longer he delayed, the more Zhao Qishan could not bear the high interest rates.

So He Jiahao is not in a hurry. Now he just wants Zhao Qishan to work hard to borrow money and be crushed quickly.

"Okay, I'll give you an answer tomorrow." Qian Jun thought for a moment before answering.

The total share capital of Hepu International is 400 million shares, with a market value of about 5 billion. Although it has acquired more than 30 million shares, it only accounts for 8%, which is completely unable to meet He Jiahao's requirements. It must at least catch up with HSBC Bank's 22.4%. Otherwise, HSBC's large holdings of preferred shares will become the key to success.

Wednesday, January 10, 1979

He Jiahao and Zhao Qishan met again at the Peninsula Hotel to discuss the ownership of New Era Real Estate Company.

This time it was Zhao Qishan who took the initiative to meet with He Jiahao, but he obviously couldn't bear it anymore.

"Zhao Sheng, look at your face. You've looked a lot haggard recently. You should pay attention to your health." He Jiahao teased.

Zhao Qishan did not laugh, but said seriously, "It's not because of He Sheng, but I agreed to the plan He Sheng mentioned last time to transfer the Central Properties and Industrial Building."

He Jiahao blinked and said with a smile, "Zhao Sheng, you said it was the plan last time. The situation has changed drastically now. Naturally, we have to make a plan based on the current situation."

After spending so much money, and now it has become the previous result, how can He Jiahao give in?

Zhao Qishan frowned and said displeasedly, "Then what new plan does He Shengqian have?"

"Of course I will take over all Zhao Sheng's shares and purchase them at the market price." He Jiahao said with a sneer, unhappy? This is a business war, not a dinner party.

"He Sheng, is this too much?" Zhao Qishan said in a heavier tone.

"It seems that Zhao Sheng still hasn't thought about it well. Let's talk about it next time." He Jiahao stood up and was about to leave.

Originally, he wanted to get New Era Real Estate, not just for some benefits. He put forward such conditions before because he was in a hurry to end the acquisition. Now he has spent so much money. If he doesn't get New Era Real Estate, wouldn't it be more harmful than good? .

"Wait a minute." Zhao Qishan naturally understood that he no longer had the capital to negotiate, and procrastinating would only lead to greater losses, which would be detrimental to his own interests. "Okay, but He Sheng needs a 10% premium."

"Okay, I'll have someone bring the contract over."

There was a corresponding blueprint of the contract, which only needed slight changes, so it was sent over quickly.

Looking at the back of Zhao Qishan leaving, He Jiahao knew that Zhao Qishan was very unwilling, but this was a war of capital and there was no room for mercy.

Some tycoons write in their autobiographies, "If only you make a profit from a business, but the other party makes no profit at all, you must not do such a business." They are pure liars who just want to beautify their own image.

The war in the business world is definitely not gentle. If you are not careful, you will be sniped, if you are not careful, you will be annexed, if you are not careful, you will be swallowed by a whale. No one is kind.

New Era Real Estate Company, He Jiahao plans to merge into Huamei Real Estate Company, but it will only be eaten up gradually.

Finally, Huamei Real Estate Company will change its name, and New Era Real Estate Company will become the real estate flagship company of Huamei Real Estate.