The rise of Hong Kong's wealthy families

"81 million!" The first person to call out the price was Bao Fuda of Jardine Land.

The Dairy Company acquired by Jardine Matheson in 1972 had a large amount of land in Causeway Bay. Now it is very likely that it is interested in the prosperity of Causeway Bay and wants to become a Causeway Bay landowner like Hysan Industrial Company.

"82 million!" Li Jiacheng glanced at Bao Fuda and immediately raised his sign to bid.

There is no enmity between Huanghe Industrial and Jardine Company. Li Jiacheng is just unwilling to make Jardine Company stronger and hinder his development. Xiangjiang is so small, and Jardine Company has absorbed too many resources.

Ho Ka-Hao is naturally happy to see this happen. Such a fight will not only weaken Li Jiacheng's cash flow and give him a better chance of winning the next battle with Hepu International, but it can also make Jardine Land even crazier.

In his previous life, after Jardine Matheson lost Wharf, he became more aggressive and aggressive, even selling the shares of Hong Kong Electric Company acquired in 1982.

Soon, Chen Zengxi of Hang Lung Properties also joined the bidding, but they were all targeting British companies.

Finally, a 21,000-square-foot site on Si Tung Street in Causeway Bay was acquired by Hang Lung Properties for a price of NT$130 million.

After the auction, Huang Tingwen and his son took the initiative to come to He Jiahao to say hello, seeming to have forgotten what had just happened.

He Jiahao naturally knew that these were just for others to see, and they should deal with each other casually without getting angry.

He Jiahao didn't want to have another enemy, so he also chatted with Huang Tingfang and his son.

Bidding at auctions is very common, even malicious bidding occurs. There are few high-quality plots of land, so you can only bid high.

However, a 21,000-square-foot piece of land in Si Tung Street, Causeway Bay, was auctioned for RMB 130 million. If word spreads, the real estate market may rise even more fiercely.

He Jiahao has asked company employees to reduce the purchase of land. Unless it is a land in a good location and a large enough area, do not pay a high price.

In fact, whether it is Huamei Real Estate Company or Manulife Development Company, the land reserves have been enough for development and construction in the past four to five years (except for the Hung Hom land owned by Qingzhou Yingni Company). By 1983, they can harvest a wave of land and complete thousands of projects. The land bank of 10,000 square feet is comparable to that of Sun Hung Kai Properties.

Huamei Real Estate Company has a lot of properties for sale this year, and the funds returned are just enough to repay some loans and relieve the pressure.

Only now does He Jiahao truly understand the charm of "goods are rolling around". With the funds in his hands constantly accumulating, he almost encounters an opportunity to win in time and expand smoothly. In his previous life, Li Jiacheng was able to win the Hong Kong Electric Company in 16 hours. With lots of cash.

However, He Jiahao, who is well aware of historical events, believes that this method is not very suitable for him, because he can know in advance when the opportunity will come and prepare funds in advance.

Back at Huamei Real Estate, Ho Ka-ho called Chen Yong and asked him to go to the auction to handle the 48,000 square feet of land in Aberdeen.

"Okay, I will deal with it tomorrow." Chen Yong nodded and said, "Boss, Yongtai Construction Company, a subsidiary of Henderson Land Group, has surged today. Its market value has increased from 500 million at the opening to 550 million in an instant. By tomorrow, it is very likely to exceed 600 million, which is really terrifying.”

Hearing this, He Jiahao was a little surprised. In most of the day, it actually increased by 50 million, 10% of the total market value. It is indeed a bit crazy. Such a hot market is very suitable for raising funds again for rights issues.

"Prepare a sum of funds, and let's buy some too. Yongtai Jianye is a company owned by Uncle Si. It has great potential. It's not a problem to have a market value of over 800 million." He Jiahao said with a smile. If you can make a little, it's okay, and the same goes for mosquito meat. Meat.

How fierce is Li Zhaoji?

The guy who is known as the god of Asian stocks can accurately predict the rise and fall of the stock market every time. He is also a big shot who has made a fortune from the stock market. Now it is a bull market. If you follow Li Zhaoji, you will definitely have some soup.

"Okay, I'll notify Manager Tan right away."

We only raised funds at the end of last year, and it is only February now. It seems a bit unreasonable to raise funds again, so He Jiahao decided to wait and raise funds in April, which seemed to be a good choice.

He remembered that Li Zhaoji's Yongtai Construction was acquired from someone else and was now vigorously developing it. Apparently he was also interested in this bull market and wanted to take advantage of it.

"They are all very powerful, even better than Li Jiacheng." He Jiahao murmured to himself with a wry smile. The more powerful these people are, the harder it is to grab resources.

This made Ho Jiahao more certain that he was determined to become a landlord in East Tsim Sha Tsui. It would be easier to defeat Sino Group than people like Li Zhaoji. Moreover, Huang Tingfang of Sino Group was the second richest man in Sing Tao, and he may not be so confident in the market in Hong Kong. .

In fact, the important reason why Huang Tingwang's family became one of the top ten potential tycoons in the previous life is that he acquired 8 pieces of land in East Tsim Sha Tsui and built shopping malls such as Wing On Plaza, Empire Center, and Tsim Sha Tsui Plaza.

Ho plans to let Manulife Development Company acquire these lands and build shopping malls for the family to hold and make them heirlooms of the Ho family.

What makes him even more happy is that the debt problem of Donglin Chemical Company has been solved. All creditor banks have agreed to settle the debt at 10%, allowing Huamei Real Estate Company to obtain a piece of land of 185,000 square feet.

However, Huo Jianning told He Jiahao worriedly, "Boss, Donglin Chemical's land in Yuen Long may not be converted into residential land."

"Why? Is the Hong Kong government obstructing it?" He Jiahao frowned and asked, building industrial buildings is also possible, but the profit is a little less.

"No, it's because the chemical company's land is a bit polluted and not suitable for human habitation. The Environmental Protection Bureau will definitely not be able to pass it." Huo Jianning said with a wry smile, "Even industrial buildings are a bit difficult. This requires convincing the Environmental Protection Bureau. "

No wonder no one wants such a big piece of fat. It turns out to be a lot of difficulties.

He Jiahao pursed his lips, sighed, and said, "I made a mistake. It's a good thing to fall down a little. Give me a warning."

"It's not a setback. As long as the pollution problem is solved, industrial buildings can still be built, and an industrial park building can also make a lot of money." Huo Jianning said comfortingly.

"Well, let's ask someone to handle it, and then let the Environmental Protection Bureau evaluate it." He Jiahao said.

The number of industrial buildings to be built will be smaller than that of residential buildings, and the floors will be limited. Although the price is not low, the funds collected will be more than 30% less than that of residential buildings.

However, Huamei Real Estate Company will always make a profit, after all, the land in Yuen Long is cheap enough.

"Huanghe Industrial Company has recently been cooperating with other companies to develop and build land. Last year, they made tens of millions of profits, and their own land made a lot of money. I'm afraid Li Jiacheng has sufficient funds to move against us. Hepu International has added a lot of difficulties." Huo Jianning changed the subject and discussed Li Jiacheng.

He Jiahao thought about it and found that Li Jiacheng's tactics could only be resolved through malicious competition. If Li Jiacheng continued to develop like this, it would be a great threat to him, so he said to Huo Jianning, "As far as I know, Li Jiacheng and those companies It’s a 50-50 profit split, so you can follow the same example, but adjust the profit ratio to a 40-60 split, and we can get 40%, or even 30%.”

"Boss, malicious competition seems not good for reputation." Huo Jianning said with concern.

"Li Jiacheng's alliance with the Kane family makes me look bad. Now I have to lower my price to compete. Otherwise, others will think that I am afraid of him, Li Jiacheng." He Jiahao smiled. In fact, there is another reason. Hepu International's acquisition has already At 15%, it will soon be on par with HSBC's holdings, and it's time to strike.

"Well, then I'll do it myself." Seeing that his boss had made up his mind, Huo Jianning stopped trying to persuade him.