The rise of Hong Kong's wealthy families

The next day Luo Qiqi called to apologize, saying that she was rude last night and asked He Jiahao to send her back in person.

He Jiahao knew that this woman was just showing off, so he was polite.

Putting down the phone, he started another day of work.

Huamei Real Estate's fundraising rights issue has been completed, raising 1 billion, of which He Jiahao has to bear half. However, with the share conversion of Hutchison Group, he privately obtained the remaining 500 million funds, and also won the 30 million issued by Huamei Real Estate. He Jiahao now holds 60.721% of the shares of Huamei Real Estate, strengthening his control over Huamei Real Estate.

At this point, He Jiahao breathed a sigh of relief. Huamei Real Estate swallowed up Hutchison, a behemoth that was twice its size. Although Huamei Real Estate's stock price has skyrocketed, the asset value cannot fully support the market value. This is a hidden drawback. If not handled properly, it will certainly become a serious problem in the future.

Moreover, the city will adjust next year. He will reserve a large amount of cash for Huamei Real Estate within one year to lay the foundation for bargain hunting after 1982.

"1.4 billion is still a lot of money. Where can we get so much money?" He Jiahao frowned, memories of his past life kept flooding in his head, but he still couldn't find a way to make big money.

In the end, it was decided to let Huamei Real Estate raise 100 million to buy oil stocks and earn tens of millions first.

auction venue

Except for Li Zhaoji, who has a soft spot for old buildings, all the tycoons in the real estate industry came to the scene because everyone wanted to take over the land in Admiralty or join in the fun.

He Jiahao greeted Zheng Yutong, Li Jiacheng, Guo Desheng and others, then found a seat and sat down, waiting for the auction to start.

Others were still chatting enthusiastically, not wanting to give up this opportunity to socialize. There were even some who were not here to shoot the land at all, but came specifically to make friends and plan for future business.

"Boss, it seems that it will not be easy for us to win the 'King of the Golden Bell'. So many tycoons were present, and even Zheng Yutong from New World Development showed up." Huo Jianning whispered from the side.

Zheng Yutong rarely comes to auctions, usually Zheng Jiachun or company executives operate it. Now that he appears, he is undoubtedly interested in this land to prevent unexpected situations and other people from making poor decisions and missing opportunities.

Ho Jiahao laughed and said, "Everyone knows that the land auction in Admiralty, Central is missing one lot, and everyone wants to win it so that they can make a lot of money."

Nowadays, the local market is in full swing. It is not a problem to buy it if it is more expensive. After all, it will rise back. This is what everyone thinks.

Since it is a sure-profit business, there is no need to worry too much.

"Indeed, we can afford this joint land auction by Huamei Real Estate, Hutchison and Manulife Development, as long as it does not exceed 320 million." Huo Jianning nodded. The previous auction price of the land in Central was more than 10,000 square feet. Today, I am afraid it will The price exceeds 15,000 square feet, and even reaches 20,000 square feet.

This price is of course very scary. According to the current market conditions, the price of 20,000 square feet is a loss, and it will be sky-high even in two years.

"What is the base price expected by the boss?" Chen Yong asked next to him.

He Jiahao said "300 million!"

That piece of land is very important, but it is not a must-have. After all, there are already three Grade A commercial buildings in the Admiralty area.

Hearing this, Chen Yong was still a little surprised. It was close to 20,000 square feet, but considering the location, right in the middle of Admiralty Center and Golden Gate Tower, it was indeed the price.

According to Ho's plan, the Lippo Center land will be acquired by 1984, just in time to form one area, and the value will increase significantly.

In the previous life, the developer of this land was Sino Land. Ho Ka-ho had already robbed many things from Huang Tingfang's family. The four pieces of land in East Tsim Sha Tsui weakened Huang Tingfang's development momentum. Of course, he would grab more in the future.

The auction will begin soon.

The first one is a plot of land near Lion Rock in Kowloon Tong. It covers an area of ​​57,000 square feet and can build four high-end residential buildings. The starting price is 52 million.

It immediately became the target of competition among small and medium-sized companies. It was not until the bidding exceeded 75 million that the fierce atmosphere eased slightly, and it was finally bought by the Chinese Real Estate Company for 81 million.

The second piece of land is a bit unexpected. It is at the junction of Xiaoyun Road and Tat Wan Road in Tai Po. Now that Tai Po has just built the subway and the new town has just been developed, it will take a while to cover up this piece of land before it can be developed. Therefore, real estate developers are somewhat uninterested, but there are also companies that are willing to acquire land for land reserve.

Ho Ka-ho also signaled Chen Yong to put up a sign to bid. When the price reached 50 million, Ho Ka-ho gave up and let Sun Hung Kai buy it at a premium of nearly double.

It’s not that the land is worthless, but there’s no need to be a bad person, there’s still a lot of land in the New Territories.

The third piece of land is at No. 8 Yi Ming Road, Fanling, with an area of ​​63,000 square feet. It is also residential and is directly opposite Fanling Center.

"40 million!" He Jiahao raised four fingers to Chen Yong, and Chen Yong understood and raised the sign to shout the price.

Huamei Land has built a shopping mall next to Fanling MTR station, so it will naturally not miss the opportunity to develop residential properties.

"4100!" Huanghe Industrial executives shouted the price.

He Jiahao slapped him again, and Chen Yong shouted "50 million!"

Finally, it reached 68 million, and Huamei Real Estate won it.

Li Jiacheng wanted to consume He Jiahao's funds, which was a normal method.

When the tenth lot was auctioned, Ho Jiahao signaled Chen Yong to raise the price, and Huanghe Industrial also spent an additional 32 million yuan.

Liu Luanxiong's Letu Real Estate also acquired a piece of land in Tuen Mun with an area of ​​34,000 square feet. The auction price was NT$31 million, which can build three small residential buildings.

Qin Haiming just came to join in the fun and never bid. He just sat in his seat and occasionally looked at which company made a bid.

Until the last scene, the whole place started to stir.

"The next piece of land is the king of land in Admiralty, No. 16 Harcourt Road. It has an area of ​​16,000 square feet and can build a Grade A commercial building. The starting price is 140 million! Boom! The bidding starts now!"

"150 million!" The first bidder was Hang Lung Properties.

Yellow River Industrial followed suit with a bid of 155 million, but was instantly overtaken by New World Development with 160 million.

He Jiahao was silent and felt a little pressure in his heart. This was something that the big guys were really fighting for. No one would give in, and it would even be a little unpleasant.

Of course, He Jiahao would not give it up, even if it offends people, it would still be a good deal.

When the price reached 170 million, He Jiahao signaled Chen Yong to start bidding, and asked not to exceed 300 million.

"180 million!" Chen Yong shouted.

Some real estate developers looked over and didn't hear He Jiahao's bid. They thought He Jiahao had given up the land and were waiting behind him.

The premium is close to 30%, but the real estate tycoon still refuses to let go.

"200 million!" Hang Lung directly raised the price to this round number.

The price of Land King in Admiralty is already as high as 12,500 yuan per square foot, which makes many real estate developers stunned.

"210 million!" Chen Yong has the support of his boss, so he will not lose to Hang Lung.

When Chen Zengxi saw this, he also frowned, then grabbed the sign and shouted angrily, "240 million!"

It was suddenly increased by 30 million, which was very domineering, at least in He Jiahao's view.

Chen Yong glanced at the boss and found that his expression remained unchanged, so he continued to bid "250 million!"

Chen Zengxi sighed, sat down slowly, and said, "Give it to Ah Hao. The premium is close to 80%. If we continue, it will only be cheaper for the Hong Kong government."

"255 million!" Huanghe Industrial followed suit.

"256 million!" Chen Yong bid.