The rise of Hong Kong's wealthy families

Chapter 167 5% of new shares

mid-may

The Hong Kong government has also released news that an auction will be held on Monday, May 26, including a piece of land at No. 16 Harcourt Road, Admiralty.

Although the area is only 16,000 square feet, it is the king of land in Admiralty. As the land in Central, Admiralty and Wan Chai becomes less and less, real estate has developed to an unprecedented height. Everyone in Hong Kong knows that owning a gold building in Central The Bell Tower means success, so all real estate developers are crazy about it.

This piece of land is across the road from Admiralty Center and is very important to the layout of Huamei Land. If it is won, Huamei Land will own the Golden Gate Tower, Admiralty Center (temporarily owned by Hutchison Group), and the No. 16 Harcourt Road building. (The Far East Financial Center Building in its previous life), with a rental area of ​​more than 1 million square feet.

When the time comes, Huamei Real Estate will become the landowner of Admiralty after acquiring another 280,000 square feet of land in Admiralty.

Ho Jiahao estimates that this piece of land will exceed 240 million yuan, or even reach 300 million yuan.

An office in Leighton Center, Causeway Bay

He Jiahao was sitting on the sofa, with a tea set in front of him. Li Mingze, the leader of the Li family, was washing the tea cups. It was a set of purple clay teapots.

"Li Sheng's tea art makes me envious." He Jiahao said with a smile and compliment, Li Mingze can be his grandfather at this age, so saying a few kind words can be regarded as respecting the elders.

"Hahaha! I can't deserve such praise from He Sheng. I'm just having fun. Come, drink tea!" Li Mingze placed a cup of tea in front of He Jiahao.

"Thank you!" He Jiahao picked up the tea cup, took a sip, and said, "This tea is good."

In fact, He Jiahao didn't understand tea, he only understood people's hearts. Naturally, Li Mingze would not entertain guests with ordinary tea.

"This is the best Tieguanyin from the mainland!" Li Mingze chuckled.

He has long heard about the young man in front of him. His third brother Li Xiaohe was responsible for dealing with him before, but now he is the only one to come. After all, the third generation of the Li family has not fully grown up yet and is not qualified to discuss matters with He Jiahao for the time being.

"No wonder it tastes so good." He Jiahao said.

Li Mingze took a sip of tea, put down the cup and said, "I have been too busy recently and have no time to see He Sheng, so I can only ask He Sheng to come to Leighton Center. Yan Qun should have told you about the repurchase of Leighton Center's rights." It’s over, I plan to buy it back at a 20% premium, what do He Sheng think?”

Ho Jiahao shook his head as he did last time, "Lisheng, last time Hutchison Group sold the interests in Leighton Center for Hong Kong Electric Company, I can explain something to the board of directors. If it abandons the interests in Leighton Center this time, I'm afraid I can’t explain it to the board of directors.”

Li Mingze naturally knew that this was an excuse. He Jiahao already held more than 50% of the shares of Hutchison Group, so he could say for sure. Any explanation was just an excuse. To put it bluntly, the price was not enough.

"Then He Sheng, let's make a price. The Li family must take back the rights and interests of all the properties in Causeway Bay. Xiaohe passed away last time. I don't have the energy to pay attention to this matter. I hope He Sheng can sell it to the Li family to save face." Li Mingze looked at He Jiahao and said.

I want to ask if the Li family’s face is worth anything?

He Jiahao can only say that it is valuable, because the Lee family has been operating in Hong Kong for many years, and it seems that they are only involved in real estate in Causeway Bay. In fact, the Lee family is spread across all walks of life in Hong Kong, and the interpersonal relationships are like a big tree with intricate roots.

However, He Jiahao is not a fuel-efficient lamp, and a profitable family cannot make him give up his original plan.

"I heard that your Hysan Industrial Company is preparing to go public. I want Hutchison Group to take part of the shares. I wonder if my wish can be realized?" He Jiahao said with a gentle smile.

Li Mingze thought for a moment and asked, "What is He Sheng's hope?"

"10%!" He Jiahao felt that negotiation was bargaining, and no one would quote the lowest price at the beginning.

Li Mingze took a deep look at He Jiahao. The second generation of the Li family could not deal with He Jiahao for the time being. He was old and did not know how many years he could last. If he suddenly died of illness like Li Xiaohe, he was afraid that He Jiahao would treat Hysan. Xingye gives rise to thoughts that he shouldn't have.

"3%, how about that?"

"Just 5%. I also hope that Lisheng can sell two pieces of land in Yau Tsim Mong District to Huamei Real Estate." Ho Ka-Hao asked for some other compensation.

"A piece of land!" Li Mingze cut it in half.

"Okay, deal!" He Jiahao said.

"Then thank you He Shengquan. Hysan Industrial plans to go public in the first half of next year. I will notify He Sheng to come over and sign the contract." Li Mingze said with a smile. 5% is a bit much, but as long as Lijia holds more than 40% of the shares, %, no one can shake it.

He Jiahao drank the tea in one gulp. 5% was in line with his plan. He would just increase his holdings in the stock market to about 15% in the future.

He remembered that in his previous life, Lijia collected more than 3 billion yuan in rent every year and could pay 90% as dividends. So a dividend of 400 million yuan was a very good investment.

Back at Manulife Development Company, He Jiahao called Huo Jianning and asked him to prepare and contact Hysan Industrial.

Friday, May 16

Luo Qiqi asked He Jiahao to have dinner at a private restaurant and talk about the Yuen Long land cooperation.

On this day, Luo Qiqi was wearing a light blue dress with a red and white rope tied around her waist. Her temperament became softer, making He Jiahao unable to take his eyes away.

"Why did you choose to discuss things here?" He Jiahao asked with a smile.

Luo Qiqi's expression was a little naughty and she said, "Because the food here is good, I want you to try it too."

"Then let's serve the food and let me, a 'country bumpkin', taste the specialness of the dishes here." He Jiahao laughed at himself.

Luo Qiqi could tell that He Jiahao was joking, "If you are a country bumpkin, then who am I? A beggar?"

"Beggars are quite good. They can sit and collect money every day." He Jiahao continued to say jokingly.

After having more contact with Luo Qiqi, He Jiahao discovered that this woman was not an unscrupulous person, and his impression began to change.

The two chatted for a while, and the waiters began to serve the food.

He Jiahao put a piece of cheese lobster into his mouth, chewed it a few times, and said, "How is the land search going?"

Luo Qiqi blinked her beautiful eyes, "We have already negotiated with two textile factories and are planning to sign the contract in two days."

"How much area is there?" He Jiahao nodded.

After more than a month, winning two factories is a good result. Luo Qiqi's ability is still acceptable.

Luo Qiqi thought for a while, "One piece is 36,000 square feet, and the other is 57,000 square feet. The total is 93,000 square feet."

They are both in Yuen Long, and the land premium is about the same, with an advance payment of about NT$30 million.

This is nothing to Manulife Development.

However, Ho also wants to get more land. Since the listing of Weili Real Estate, the number of land reserved by Manulife Development has begun to decrease. He needs to reserve a batch of land in the New Territories.