The rise of Hong Kong's wealthy families

Friday, February 1

There are still two weeks until the Spring Festival, and many companies are doing year-end summaries.

He Jiahao is also very busy. He launched the second acquisition of Dagu Real Estate a few days ago. The Gu family responded quickly and quickly bought shares from the market, increasing their shares to 39% in one day. This also caused the stock price to rise sharply. A full 20% increase.

After discussing with Tan Zhenzhen, Wei Lisi got permission from He Jiahao to continue to purchase stocks at a premium of 20%. However, stock investors saw the opportunity to make a lot of money and waited and watched, so the Gu family could only continue to increase the price.

There are various descriptions of this grudge in the market in Hong Kong. Some people even said that "He Jiahao and Gu Zesu are competing for the beauty Zhao Yazhi again." Newspapers even translated these rumors into words and spread them throughout Hong Kong.

Therefore, the citizens of Xiangjiang gave He Jiahao the nickname "Strong Tycoon", which made He Jiahao dumbfounded.

The heroine in the original incident, Zhong Chuchu, did not fall in love with Gu Zesu. Now she is very popular in the film industry. In her previous life, the title of "not as popular as Hong Gu" is vaguely coming back to Zhong Chuchu. There are many scandals, but they are only popular in a small area.

Therefore, Ho Ka-Hao had to take over the interview for his own newspaper again, metaphorically indicating that this incident was caused by business competition. However, the citizens of Xiangjiang expressed disbelief and insisted that Ho Ka-Hao was trying to hide his cover-up, which made the last heroine Zhong Chuchu famous again. Got a handful.

On this day, Tan Zhenzhen came to report that investors were speculating on Letu Real Estate, a subsidiary of Dagu Real Estate, and it had now increased by 50%. The Gu family, which was strapped for funds, would cash out the Letu Real Estate shares held by Dagu Real Estate and use Come and save Dagu Real Estate.

In fact, many businessmen will misappropriate company funds to do some personal things. As long as they make up for it in a short time, usually nothing will happen. In the last acquisition war, the Gu family probably also misappropriated funds from Dagu Real Estate.

He Jiahao asked Tan Zhenzhen to sell Letu Real Estate when its share price doubled, and 8% of the stock was put on the market at once, creating a small 'bomb' for the stock market.

The takeover battle was only a small part of He Jiahao's work. After handling it, he returned to the habit of reading newspapers.

Seeing the information about 'bus', He Jiahao suddenly remembered that next year, Bailibao, a subsidiary of Great Eagle Properties (formerly Yongchangsheng Real Estate Company, which has not yet been acquired by Regal Hotels) will acquire CMB Company, which has offices in North Point and West Point. Wan Ho has a large area of ​​land and Chai Wan Road also has many parking lots. It is a piece of fat.

As a patented listed company, CMB's stock price has been depressed for a long time. It does not want to develop the land on Hong Kong Island, let alone allow others to covet it. It is really stubborn to the extreme.

Hong Kong Electric also owns a large amount of land in North Point (the original power plant), which was later jointly developed with Yellow River Industrial Company and built one of the top ten housing estates in Hong Kong. If it can acquire CMB and connect the land together, the profit will be It’s scary, and it will also yield millions of square feet of rent-collecting shopping malls.

This made He Jiahao couldn't help but feel excited. He didn't want to care about the reputation of hostile acquisition.

In his previous life, Bailibao's managing director Luo Xurui first "incited rebellion" against Huang Yaonan, the director of CMB, and took 8.35% of the shares at a price of 30 yuan. Adding the previously secretly purchased stocks, Bailibao won 19.85%. of CMB shares, second only to the 28% held by the Yan family, the largest shareholder.

Although Luo Xurui held nearly 20% of the shares and came to visit to discuss the acquisition, unfortunately he was kicked out, and an acquisition war eventually broke out. Due to the favoritism of the top executives of the securities regulatory agency, Bailibao ended in a failed acquisition, but he also made a profit of more than 3,000 Ten thousand yuan.

The media called the takeover battle a sniper attack, giving Luo Xurui a bit of notoriety.

In fact, Xiangjiang's hostile takeover began with the cattle purchase war in 1972, and it was a new chapter for Jardine Matheson Company.

So, He Jiahao immediately called Shen Dingqian, the deputy general manager of Manulife Development (a general talent poached from a large British-owned company), and asked him to use Manulife Development's funds in HSBC Bank to start secretly buying shares of China Bus Co., Ltd.

Today, CMB’s stock price is 18 yuan, with a total share capital of 37 million shares. There are a large number of scattered shares on the stock market. Because CMB does not want to make progress, it has lagged behind Kowloon Bus. Investors see no hope, and stockholders see that the stock is in the blue again. Lantern', unwilling to buy.

Even so, not everyone can touch CMB, because the Yan family is not weak, and CMB has been operating poorly since 1977. The board of directors is at odds, and powerful people are not willing to bear such a bad reputation. .

After the explanation, He Jiahao continued to read the newspaper. Now Huanghe Industrial Company is busy developing land and earning high profits; Jianing Group is digesting the Harcourt Building and other properties it has acquired, and is discussing how to hype it to increase the company's market value; Jardine Company It is allocating funds and wants to acquire large companies to make up for the loss of Wharf; Wharf Corporation is concerned about the capping of Harbor City and the subsequent leasing of properties; New World Development wants to build more iconic buildings to enhance the company's reputation Visibility and increase company market value.

"Dachang Real Estate." He Jiahao murmured, holding the newspaper and searching for memories of his previous life in his mind.

Dachang Real Estate Co., Ltd. was founded by Chen Detai in 1956. It was listed in 1972 and ranked among the "Five Tigers of Chinese Capital". Chen Detai was even called a "real estate strongman" at that time. Unfortunately, Dachang Real Estate rarely develops real estate independently. Lacking the courage to independently undertake large-scale development projects, today they are only small and medium-sized real estate companies.

Dah Chong Properties has cooperated with Hutchison Matheson to develop land in Tai Kok Tsui, Aberdeen and other places. It has also cooperated with well-known companies such as Swire \u0026 Co., Ltd. and Hysan Holdings. Today, it still holds property rights and shares in many companies.

Among them, a 20% interest in the Leighton Center in Causeway Bay, a 35% interest in the Sheraton Hotel in Kowloon, and hundreds of thousands of square feet of residential land in Shatin all made Ho Ka-ho a little excited.

However, Dachang Real Estate, the once 'powerful', even if it is now in decline, is not easy to win, because Chen Detai's interpersonal relationships are too complicated. Once he takes action, He Jiahao is a little afraid that the '18th Road Tycoon' will come to help. If you know how to ride a tiger, it will be difficult to get off.

Ho Jiahao remembered that Chen Detai died of illness in 1981. Although his son graduated from the Massachusetts Institute of Technology in the United States, he was not courageous enough. Dachang Real Estate continued to decline, and finally disappeared from everyone.

In the end, He Jiahao decided to wait and wait for the 'sniper master' Liu Luanxiong to grow up and let him go to Dachang Real Estate. In the end, He Jiahao bought these things at a high price.

Soon, news came from Lu Zhaotian: The Fu Laorong family had no intention of selling the Furama Hotel. This also made He Jiahao a little disappointed and could only look for another target.

Good news came from Gao Ci: The acquisition of Hongji Building for 100 million yuan has added 130,000 square feet of rent-collecting area to the company. The annual rent is almost 20 million yuan, and the capital can be recovered in five years.

So far, the rental area of ​​Huamei Real Estate in Central has exceeded 1.2 million square feet, with a monthly rent of more than 10 million. Together with other rental properties, the monthly rent has exceeded 25 million.

If this information is released, Huamei Real Estate's stock price will usher in a new round of surge, and it is likely that its market value will exceed 3 billion, making it one of the top ten real estate companies in Hong Kong.

However, He Jiahao does not plan to announce it for the time being, because he is a major shareholder and cannot temporarily allocate more funds to raise funds for rights issues, and Huamei Real Estate Company is still a major debtor.