The rise of Hong Kong's wealthy families

Friday, January 26, 1979

Today is the last working day of the year, and the Spring Festival holiday in Xiangjiang is five days.

Causeway Bay Cloud Dream Company

He Jiahao called Lin Han and asked, "How are the overtime arrangements for the staff of "Tian Tian Daily" being arranged?"

Those who make newspapers cannot take a break, and at most they have to take shifts. But "Tian Tian Daily" has to maintain sales, let alone take a break. Basically, half of the staff works overtime during the Spring Festival.

"Half of the staff have been arranged to work overtime and take turns. Don't worry, boss, everyone is very active. They are all vying to work overtime and earn this money when you proposed the 'three times salary during the Spring Festival'."

Naturally, He Jiahao would not believe it all. He was a wage earner in his previous life, and he knew very well that some of the employees did not like working overtime, so he said, "Pay attention to the emotions of employees. Employees who have something to do need to ask for leave. You must approve the leave. The company must have Humanistic feelings.”

Lin Han nodded, "Don't worry, boss, I will pay more attention."

"Well, that's all thanks to you."

Although "Tian Tian Daily" is in decline, it is still the second best-selling newspaper in Hong Kong. The first place is "Oriental Daily", and there is not much difference between the two.

Ho Ka-Hao doesn't have much energy to take care of "Tian Tian Daily" for the time being, so he has allowed it to decline for the time being. However, he has already planned to recruit talents after the New Year to rebuild the glory of "Tian Tian Daily". The amount of money invested will not be less than 5000000.

After all, "Tian Tian Daily" is the mouthpiece of Ho Jiahao, so it should spend some money.

New Year's Eve, Deep Water Bay mansion

Chen Yulian is accompanying He Jiahao to celebrate the New Year today. She is busy in the kitchen, and the aroma fills the entire kitchen.

After hanging up the phone, He Jiahao hugged Chen Yulian's waist from behind, and the beauty suddenly let out an "ah" in surprise.

"Don't make trouble, I'm preparing food."

He Jiahao put his head on Chen Yulian's shoulder and whispered, "It smells so good. Do you like cooking?"

"I can't say I like it, I just do it occasionally." Chen Yulian took the dishes out of the plate.

"No need to make any more, these few dishes are enough, two people can't eat that much." He Jiahao said.

"Um."

The two put the New Year's Eve dinner on the table together. He Jiahao opened a bottle of red wine and poured out two glasses.

Chen Yulian held a piece of shrimp meat, stuffed it into her mouth, and muttered, "It's been another year, and the days go by so fast."

"It's pretty fast." He Jiahao replied casually.

The two chatted leisurely, and time passed like this.

Just after the Spring Festival, on Monday, February 5, the Hong Kong government held the first official land auction in 1979.

Ho Ka-Hao will naturally participate. There will be a piece of land reclamation land in East Tsim Sha Tsui in this auction. All real estate developers know that this is taken out by the Hong Kong government to test the market reaction. If the price is good, the Hong Kong government will most likely launch it in large quantities. After all, the land reclamation in East Tsim Sha Tsui is Haiti covers nearly 8 hectares.

In the previous life, nearly half of the reclaimed area in East Tsim Sha Tsui was taken over by the Sino Group, and shopping malls such as Tsim Sha Tsui Center, Royal Garden Hotel, and Nanyang Center were built. The citizens of Xiangjiang became the landlords of East Tsim Sha Tsui. But in this life, Ho Ka-ho will also take over. It is really uncomfortable to seize a large amount of land in East Tsim Sha Tsui, an area that is about to prosper, and allow a Sing Tao man to run rampant in Hong Kong.

Since it was the first auction of the year, many real estate developers attended, including Li Zhaoji, who was not interested in official land auctions.

He Jiahao did not sit next to them, but found a slightly remote location to sit down and quietly waited for the auction to begin.

Huang Tingfang and his son from Sino Group were smiling happily and seemed to have already acquired the land in East Tsim Sha Tsui.

Although a Shangri-La Hotel has been built in East Tsim Sha Tsui, the area is not that good and is more remote than Yau Tong and Kowloon Bay. Therefore, many real estate developers are not interested in the East Tsim Sha Tsui area, which is why Huang Tingfang and his son of Sino Group are dissatisfied. The price was taken.

Ho Ka-ho, who was aware of this historical trend, was also determined to acquire this piece of land in East Tsim Sha Tsui, which would later become the center of Tsim Sha Tsui.

"Welcome to the first auction in 1979," the auctioneer said again with nonsense.

"Okay, let's take a look at the first piece of land today, which is the residential land on the sea side of Praya Road in Aberdeen. The area is 48,000 square feet. The starting price is 30 million, and each increase in price will not be less than 500,000. Boom. The auction begins!"

The Dairy Company owns a large area of ​​land in Aberdeen, which has been developed and sold. The value of the land in Aberdeen has increased a lot. Now that it is a good land near the sea, the price is naturally not low.

"40 million!" He Jiahao directly raised the sign and shouted.

In fact, he didn't want to acquire this land, he just wanted some real estate developers to "hemorrhage" and not affect his acquisition of the East Tsim Sha Tsui land.

As soon as the price came out, everyone looked at He Jiahao. How could the stupid young man know the rules when he shouted the price like this?

Most of the real estate developers frowned when they saw it was He Jiahao. They all knew that although He Jiahao was young, he was well-known in the real estate industry and his financial resources should not be underestimated. It was just the first piece of land and there was no need to bid.

As a result, Ho Jiahao bought the residential land in Aberdeen for 43 million.

For the next six plots of land, He Jiahao did not hold up a sign, which made some real estate developers heave a sigh of relief.

Until the eighth piece of land.

"This is a piece of reclaimed land in East Tsim Sha Tsui, next to the Shangri-La Hotel, with an area of ​​35,000 square feet. It can build a large shopping mall. The starting price is 40 million, and each increase will not be less than 500,000. Boom. Bidding starts! "

Huang Tingwen and his son smiled, raised the No. 52 sign, and shouted "41 million!"

"41.5 million!"

"42 million!"

Some small and medium-sized real estate companies started bidding, which was relatively fierce.

"50 million!" He Jiahao raised the sign again and shouted with a smile.

His base price is 100 million. If it exceeds this amount, he is willing to give it to Huang Tingfang and his son.

Huang Tingwang and his son couldn't help but frowned when they saw He Jiahao bidding again.

"Daddy, what should we do? It's He Jiahao from Huamei Real Estate again." Huang Zhixiang, Huang Tingfang's eldest son, said angrily. He was already sure, but He Jiahao showed up.

"Keep bidding. If it exceeds 75 million, give it to him." Huang Tingwen was silent for a few seconds and said in a serious tone.

"That's 60 million!" Huang Zhixiang shouted loudly.

He Jiahao sneered. Although Sino Group has been in Xiangjiang for several years, its development is indeed not very good. Now it can only be regarded as a medium-sized real estate company, with a market value of about five to six billion, "65 million!"

"66 million!" Huang Zhixiang continued to shout the price.

"70 million!"

"74 million!"

Prices soared so fast that other real estate companies were afraid to keep up, leaving only He Jiahao and Huang Tingfang and his son to bid.

"75 million!" After He Jiahao shouted the price, he looked at the father and son and saw Huang Tingfang shaking his head. He knew that this meant the highest price.

When the auctioneer saw that Huang Tingwang and his son did not continue bidding, he picked up the hammer and knocked it down, "75 million once."

".the second time!"

Finally, the land in East Tsim Sha Tsui was bought by Ho Ka-ho for 75 million.

The next highlight is the land opposite the tram company's garage on Si Tung Street in Causeway Bay. It covers an area of ​​21,000 square feet and the starting price has reached 80 million.

He Jiahao was a little tempted, because this piece of land was located opposite Times Square in later generations, but the bidding price scared him back. This piece of land may exceed 200 million, which he cannot afford for the time being.