The rise of Hong Kong's wealthy families

Now that shipping is in decline, shipping king Bao Yugang is selling a large number of Global Shipping ships, most of which have been absorbed by Wheelock. Most of the funds from the sale of the Federal and International buildings have been used to purchase ships or build new ships, allowing People are a little surprised.

In fact, Wheelock Real Estate Trust and Commonwealth Real Estate hold a large number of properties and land. Harlem Development is a very high-quality construction company, and Lane Crawford Development is an established high-end department store with more than 200 subsidiaries and associated companies. Home.

Even after the business crisis in 1984, Wheelock was still a large listed company, a piece of fat that made many people drool, and Ho was one of them.

In the view of He Jiahao, Madden's behavior is very normal. Except for He Jiahao, who knows the next development, no one can predict it. If Madden's bet is right and the bulk ship catches fire, people will only say, "Ship King Bao Yu just watched." Make a mistake and lose the throne of the ship king'

People in the world don't ask about the process of things, only about success or failure, and judge this person based on success or failure.

Now it is only 1979, and Madden is still trying to commit suicide on the road. Ho Jiahao just smiled and put the matter behind him.

Because the Hong Kong government is going to hold another auction, including reclamation land in Wan Chai and East Tsim Sha Tsui. These are things that Ho Ka-ho wants to buy, so he naturally doesn't want to be absent.

Crown land auction

Such a scene is indispensable for Huang Ting to visit his father and son, but the father and son were very unhappy when they saw He Jiahao. As we all know, He Jiahao is a "big real estate friend" and prefers land in the East Tsim Sha Tsui region.

"He Sheng, you came here for the land in East Tsim Sha Tsui, right?" After a few words of greeting, Huang Tingwen asked with a smile.

He Jiahao understood Huang Tingfang's meaning very well, but this kind of thing can only be done by "everyone shows his money", so he smiled and said, "Is Huang Sheng also here for this land?"

"It's not just me, but also Sun Hung Kai Properties. It seems that there are many competitors today." Huang Tingwen smiled heartily, but he didn't know what his calculations were in his heart.

Ho Ka-ho has a good relationship with Sun Hung Kai's Guo Desheng family, but there is no father and son in the shopping mall. Even if they win the bid, Guo Desheng and the others can't say anything, because Ho Ka-ho knows the value of East Tsim Sha Tsui in future generations, but Guo Desheng and the others do not know, and they have no idea. I can't make such a big decision.

"Then today must be very lively." He Jiahao laughed and said. Many people thought that he was dealing with the debts of Hutchison Group. Huamei Real Estate acquired almost 2 billion properties in one go. I am afraid that he has no financial resources.

After everyone dispersed, Huang Zhixiang said worriedly to Huang Tingfang, "He Jiahao seems to be very confident. Does he have other sources of funds?"

Huang Tingwen glanced at Ho's back, pondered for a moment, and replied, "It's possible, just like no one thought that Ho could successfully acquire Hutchison Group, but this land is being watched by Sun Hung Kai Properties. We can win it." , the price will not be low either.”

"Well, let's see how determined Sun Hung Kai Properties and Huamei Real Estate are." Huang Zhixiang sighed and said that his family's position as a landowner in East Tsim Sha Tsui was beyond reach.

Everyone didn't chat for a few words before the auction was announced to begin.

The first auction was for the land at the Western District Police Station on Connaught Road in Sheung Wan, with an area of ​​73,000 square feet and a starting price of 93 million. Many people took a breath. It was close to 100 million at the beginning. I am afraid that the subsequent land will not be auctioned. How much cheaper.

This piece of land is relatively close to Central and is not small in size. He Jiahao believes that 93 million is not expensive. At least two high-end commercial buildings can be built at 7.3 square feet. If it is left to collect rent, the cost can be recovered in 4-5 years, which is relatively high quality. Land.

So, He Jiahao raised the No. 17 sign and shouted "95 million!"

Many people heard the sound and cast their eyes. Those who wanted to bid saw He Jiahao and immediately put down their signs. Instead of investing a lot of money here, they would rather bid for the next piece of land.

Huang Tingfang's eyes flashed, "In this case, it will consume 10 million of his funds!"

Regarding Huang Tingfang's bidding, He Jiahao smiled. Huang Tingfang's thoughts were clear, "101 million!"

"110 million!"

Everyone present looked at the two people's bidding and started whispering, as if they were watching a monkey show.

"111 million!" Ho Ka-Hao continued to hold up the sign.

"120 million!" Huang Tingfang's premium was close to 30%.

He Jiahao glanced at the somewhat fanatical Huang Tingfang. Huang Tingfang wanted to consume his funds. Why didn't he want to consume Huang Tingfang's funds? So he thought about what Huang Tingfang's bottom line was.

"130 million!" He directly raised the price by 10%, a premium of nearly 40%.

"Daddy, the premium is 40%, why don't we follow?" Huang Zhixiang said to his old father. The Western District Police Station land was not in their plan at all.

Because there were many warehouses in the Sheung Wan area at that time, the value of commercial buildings built was slow to appreciate, which in turn tied up funds and affected the company's development.

Huang Tingfang was a little unconfident, but thinking about the land in East Tsim Sha Tsui later, he gritted his teeth and raised his sign, "135 million!"

He Jiahao felt that it was almost done, so he did not raise the sign again.

"135 million times!"

".twice!"

In Huang Tingwang's shocked eyes, the auctioneer dropped the hammer, and Xinhe Company won the first piece of land in the auction.

The auction of land in Tsim Sha Tsui East ranked 9th. The middle position is where the former Royal Garden Hotel was located. The developer is Sun Hung Kai Properties.

"Today's ninth piece of land is a piece of land at No. 69 Mody Road in Tsim Sha Tsui East, Kowloon. The area is 33,000 square feet. The starting price is 58 million, and each bid will not be less than 100,000."

"Bang! Start bidding!" The hammer fell, and the auctioneer's voice echoed throughout the auction room.

"59 million!" Guo Desheng took the lead in calling out the price, and the expression on his face seemed to say that he was determined to win.

Huang Tingfang was naturally not to be outdone, "60 million!"

"75 million!" He Jiahao suddenly raised the price by 15 million, which shocked the small real estate developers.

Is this guy so confident in the East Tsim Sha Tsui land? Not afraid of losses?

This is the sentiment of many real estate developers.

This price also made Guo Desheng frown. He knew very well the meaning of He Jiahao's move and asked everyone not to compete with Huamei Real Estate Company.

Huang Tingwen didn't believe in evil. He Jiahao had cheated him of a lot of money just now. Now he naturally wanted to raise the price, "80 million!"

"90 million!" He Jiahao continued to bid in a high-profile manner. If Huang Tingfang could bid 130 million, he was willing to give up.

After hearing this price, Guo Desheng had no intention of continuing the bidding. The land was almost worth a premium of 60%. In his opinion, it was not worth it. He might as well use the money to increase the land bank.

"95 million!"

Huang Tingwang's momentum weakened, and he obviously felt that the price was about to reach his bottom line.

"100 million!" He Jiahao continued.

Huang Tingfang finally put down the sign.

Finally, it was won by He Jiahao for 100 million.

The atmosphere of the auction gradually reached a climax, and the real estate developers knew that if they were not more ruthless, they would leave empty-handed today.

The Wan Chai reclamation land is arranged at the end, which was also the Great Eagle Center in the previous life. It covers an area of ​​24,000 square feet, but the starting price has reached 80 million.

He Jiahao thought about it and gave up his ambition to win, and instead focused on participation.

"90 million!" Luo Yingshi was the first to bid.

Li Jiacheng then raised his sign, "100 million!"

Although this land is much smaller than the land in East Tsim Sha Tsui, its geographical location is not bad and it is one of the prosperous areas in Xiangjiang.

"105 million!" Ho Ka-Hao raised his sign again.

At this time, all the real estate developers turned their attention.