The rise of Hong Kong's wealthy families
Chapter 148 Weichen Tram
Friday, November 9
Mandarin Oriental Hotel, in a quiet small room
He Jiahao and Li Jiacheng sat face to face. He Jiahao was holding a cup of coffee, but he still didn't want to take a sip.
"He Sheng, you don't know why you asked me out?" Li Jiacheng said with a smile, no thoughts on his face.
He Jiahao smiled and said, "Well, since Li Sheng is so anxious, let me tell you straight away. My subsidiary Huamei Real Estate already holds 18% of the shares of Weicheng Company. This time I want to talk to Li Sheng about the development of Shuiwei land." matter."
In fact, Ho Jiahao regretted buying the shares of Weicheng Company. He went to Tin Shui Wai to inspect and found out why Wheelock sold it at a low price.
The development of Tin Shui Wai is like mechanized planting in the mountains. Not only does it require a huge amount of funds, but also the roads need to be dug into the mountains and bridges, and it also needs to attract citizens to buy houses. This is undoubtedly a project that requires a lot of effort but may not be fruitful.
Last time, Li Jiacheng sold Weicheng Company shares at a high price just to lure He Jiahao into a swamp. Now He Jiahao has indeed entered the game. He doesn't want to lose 40 million in vain, so he can only discuss it with Li Jiacheng. If it doesn't work, sell it to Hua Run.
Li Jiacheng was stunned and said, "He Sheng probably bought the shares from Wheelock (see Ho Jiahao nodding). No wonder Mr. Madden rejected Hua Yun's suggestion to buy the shares. He Sheng should know about Tin Shui Wai, HSBC Bank" I have contacted there, but Mr. Shen Bi is not optimistic about this project. If it is to be developed, at least 5 billion will be invested, and He Sheng will also need to invest 900 million. At the same time, we need to discuss the road facilities with the Transportation Bureau."
Li Jiacheng told all the project problems, which made He Jiahao frown.
The development difficulty of Tin Shui Wai is beyond expectations. It is indeed the worst economic area in Hong Kong in the 21st century.
Without a bank loan, He Jiahao was certainly unwilling to invest 900 million in cash, even if Tian Shuiwei's profit could reach 20 billion, let alone not knowing when the funds would be withdrawn.
"Now we can only seek help from the Hong Kong government." He Jiahao looked at Li Jiacheng and said.
This is the largest project of Huanghe Industrial Company at present. He does not believe that Li Jiacheng will give up lightly. He feels that this talented person must have some back-up skills. If he has not come up with it for a long time, he may hope to monopolize this project.
Li Jiacheng shook his head, "When the Hong Kong government sold this land, it was just so that we could spend a lot of money to develop it. The Hong Kong government would then make profits from it. It is impossible for us to develop it now."
"In this case, I can only break up the shares in my hands and look for more peers to come in." While He Jiahao spoke, he carefully observed Li Jiacheng's face and found something strange.
It seems that this 'Confucian businessman' wants to monopolize it.
The old bastard is not afraid of choking to death! He Jiahao cursed secretly in his heart.
Li Jiacheng was afraid that too many people would join in, which would affect some of his behind-the-scenes operations. After all, some methods were shady, otherwise he would not be able to cooperate with other tycoons in the future.
"He Sheng, I think it is not the right time to develop this project yet. We have a lot of reserved land under our ownership. It is better to focus on development first and then go back to develop Tianshui Wai when the funds are sufficient." Li Jiacheng said.
He Jiahao finally understood what Li Jiacheng meant. He just wanted to hold on to the land and wait for the value to increase. When the Hong Kong government couldn't help but come out to help, it would take time to solve some problems.
This ‘superman’ is really patient!
The two continued to chat. He Jiahao was no longer worried about the development of Tian Shui Wai. With Lao Li at the front, he was not too afraid of trouble from the Hong Kong government.
Wharf Corporation
Shipping king Bao Yugang has secured the top spot in Wharf Company, and has also eliminated many management layers. He is not completely in control of Wharf, but it is difficult for others to make trouble.
Today, He Jiahao came to Wharf mainly to handle the final payment of the shares and the transfer of the tram company.
"Haha, Mr. Bao, I haven't seen you for a while. How are you?" He Jiahao said hello.
"He Sheng is so powerful that he acquired a large enterprise like Hutchison Group in one fell swoop." Bao Yugang said.
It took almost a year for Bao Yugang to acquire Wharf (it took a year and a half in his previous life), which was somewhat different from the few months it took for Ho Jiahao to acquire Hutchison Group.
"It's just luck, Baosheng is over-reputed." He Jiahao said modestly.
He Jiahao felt guilty for pretending to be the boss in front of the Ship King. After all, the Ship King's personal assets were very high, and his reputation and network of connections in the world were not comparable to his.
He Jiahao chatted with Wu Guangzheng, the son-in-law of the shipping king, and a group of people entered the conference room.
"He Sheng, this is the tram company's information. According to market value, the tram company is worth 710 million. Longfeng Investment bought 14.7 million shares from He Sheng at 90 yuan per share, totaling 1.323 billion. The previous payment After deducting 710 million from the tram company, Longfeng Investment still needs to pay 113 million to He Sheng," Wu Guangzheng said.
The tram company is owned by Wharf, and Wharf is owned by Longfeng Investment Holdings. As for how they operate, He Jiahao has no control over it.
He Jiahao had already sent people to the tram company to check the company's situation and accounts, so today it was just a matter of going through the process and signing.
After both parties finished signing, the chartering king, Wu Guangzheng, He Jiahao and Huo Jianning were left in the conference room.
"Sheng Bao, are you interested in investing in Weicheng Company?" He Jiahao said with a smile.
By bringing the chartering king and Zheng Yutong into the Weicheng Company, he is no longer afraid of Li Jiacheng's mischief. Although it will dilute future interests, the immediate problem is very important. After all, it will take too long and it will be difficult to prevent Li Jiacheng.
"Weicheng? Is it the project in Tianshuiwei?" The chartering king pondered for a moment.
"Well, 18% of Wheelock's holdings have been transferred to me, but this project is too big, covering an area of 488 hectares, and the funds required are too large. I am worried that it will collapse." He Jiahao told half of the truth. , the reason for Li Jiacheng was hidden.
The chartering king thought for a while and said in a deep voice, "How much can He Sheng sell?"
"6%, thirteen million!"
He Jiahao spent 40 million to get 18%, and sold 6% to the charter king for another 13 million, resulting in a loss of 340,000.
"Okay!" The chartering king nodded, then turned to Wu Guangzheng, "You go to He Sheng's place to sign the contract the day after tomorrow."
"Yes, Dad!" Wu Guangzheng agreed. He was a little confused. This project was terrible. At least there was no hope of development now. Why did his father-in-law want to invest in it? Could it be that he was returning a favor to He Jiahao?
In fact, the charter king knew very well that this was not a return of favor, but another favor owed, because He Jiahao did not lack the thirteen million, and since Li Jiacheng was involved in this project, making money was certain.
In the car, He Jiahao and Huo Jianning were sitting together.
Huo Jianning couldn't help but ask, "Is the boss worried about what Li Jiacheng will do, so he sold 6% of the shares to the charter king?"
He Jiahao nodded, "Well, although Li Jiacheng is very naughty, he has a long-term vision. As early as the early 1970s, he knew that the New Territories area would develop, so he reserved tens of millions of square feet of land to allow Huanghe Industrial Company to After ten years of development, Tin Shui Wai was just a project of his joint company.
It is not the time for the Tian Shui Wai project to be developed, and there is no hope of development, but Li Jiacheng still chooses not to let go. It is conceivable that this guy has back-ups, but we have a bit of a grudge, and the charter boat king is brought in just to balance it. "
Ho knew that by the next year (1981), the 488 hectares of land would become 38.5 hectares. The Hong Kong government began to build roads and other infrastructure in Tin Shui Wai. Only in 1991 did Kingswood Villas, the largest private housing estate in Hong Kong, come into being. It takes several years to sharpen a sword.
Only Li Jiacheng has this patience.
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