The rise of Hong Kong's wealthy families

Monday, June 2, 1980

Hong Kong Electric Company officially announced that it will issue 190 million shares at NT$3.5 per share. Hutchison Group Company will fully acquire the stock. In addition to Hutchison Group's previous acquisition share in the stock market, a total of 190 million shares will be held by Hong Kong Electric Company. 34.9% of the shares. In accordance with the company law, Hong Kong Electric will invite Hutchison Group to join the board of directors, and there will be more cooperation in the future.

As soon as the news came out, a lot of scattered stocks appeared on the stock market, which caused the stock price of HK Electric to fall immediately. It fell to 3.2 yuan before it could stabilize.

Hutchison Group's stock price has soared by 15 yuan, and the increase is still strong. Some investors predict that the stock price can rise to 17 yuan, or even 20 yuan, and Hutchison's market value will reach 8 billion.

Today's city is about to reach its peak. Ho Ka-ho is preparing to join forces with Hong Kong Electric to develop the North Point Power Plant site (the city garden in its previous life) and prepare to launch the first phase of six 27-story residential buildings in 1981.

Today, the consortium composed of Huamei Real Estate-Hutchison Group-HK Electric has a market value of more than HK$13 billion, making it the third largest consortium in Hong Kong, only behind HSBC and Jardine Matheson.

He Jiahao smiled knowingly when he thought of this. As long as he did not seek death, the four major families in Xiangjiang would definitely take the position of the He family. If he worked harder, he could even become the richest man in Xiangjiang. The most important thing was that Li Jiacheng was suppressed, although it was temporary. But it was enough to make He Jiahao happy for a long time. He was the richest man in Asia in his previous life.

Mandarin Oriental Hotel

There are two main companies competing for the sale of the Terrigende Court luxury project under the Land Corporation, Manulife Development Company and Huanghe Industrial Company, so Li Jiacheng made an appointment with Ho Ka-ho to discuss how to resolve the matter privately, so as not to give the Land Corporation an advantage.

"He Sheng, congratulations, you have acquired a high-quality company like Hong Kong Electric. In two years, He Sheng will surpass the charter king and become the richest man in Hong Kong." Li Jiacheng came up and complimented.

He Jiahao smiled and said, "Li Sheng is also very powerful. He has acquired many high-quality companies. If Huanghe Industrial Company discloses its asset value to the media, its market value will increase by at least 50%."

Both of them have been focusing on each other's companies and are a little worried about the other party's "shooting cold arrows", so He Jiahao has long known about Li Jiacheng's secret acquisition of real estate companies.

"Haha!! He Sheng is very well-informed. I can't compare to him. Even such a major event as the acquisition of Hong Kong Electric Company was only seen in the newspaper this morning." Li Jiacheng said gently.

"Sheng Li is too modest." He Jiahao smiled. In the wealthy circle of Hong Kong, no one dared to underestimate this tycoon Li. Land cannot see Li Jiacheng, so it lost a high-quality property like Haifu Center.

"I heard from Mr. Bao Fuda of the Land Company that Manulife Development Company, owned by Ho Sang, wants to buy the Deligent Court luxury project, and Huanghe Industrial, which is owned by me, also wants to win this project. If we continue to bid, we will only get the British capital at a cheaper price. Enterprises, why not let us work together to win the project." Li Jiacheng finally got to the point.

"Okay, how does Li Sheng want to allocate it?" He Jiahao said calmly. Li Jiacheng likes to eat alone. Only when there are too many competitors or the project is too big will he think of win-win cooperation.

"He Sheng, Huanghe Industrial has acquired two residential buildings, and will distribute 3 percentage points of the profits to Manulife Development Company, and allocate the land to Manulife Development Company, how about that?" Li Jiacheng said naturally.

3 percentage points? Send away beggars?

He Jiahao sneered and said, "Why don't we switch over and let Li Sheng take the land."

Li Jiacheng seemed to anticipate such a situation and said calmly, "Since He Sheng is not satisfied with my plan, please tell He Sheng your plan."

"Just change it over. Manulife Development will take two residential buildings and give Huanghe Industrial 5% of the profit." He Jiahao said.

Li Jiacheng was silent. He Jiahao proposed a more favorable condition than what he had just done. Now he was a little bit stuck, "He Sheng, I'm sorry! My proposal just now is indeed a bit flawed. You can propose a new plan."

Made! Sure enough, it’s plum cucumber! He is capable of bending and stretching. Once the conditions are not favorable to him, even if he apologizes, he will immediately veto it. His skin is thicker than a city wall. He Jiahao sneered in his heart.

"My plan is very simple. Li Sheng can take two buildings, but I want to join the Whampoa Dockyard Company's land development project in the Hung Hom area, preferably accounting for 49%." He Jiahao proposed an even more excessive condition.

"." Li Jiacheng looked at He Jiahao for a moment, his face changed slightly, and after calming down, he said, "He Sheng, such conditions are simply impossible. The Diligende Pavilion mansion project is far less important than the Huangpu land to Huanghe Industrial Company."

"Li Sheng, now in this project, Manulife Development has an advantage over Huanghe Industrial Company. It should get more. If you follow Li Sheng's suggestion just now, then Manulife Development must be given other compensation. Otherwise, why would Manulife Development have to negotiate with Li Sheng?" Cooperation." He Jiahao said unceremoniously.

Li Jiacheng thought about it with a bad face, and finally made a good suggestion: "The Land Company has many high-quality properties. If I can convince the Land Company to sell them, what do He Sheng think?"

At this time, He Jiahao was a little shocked. He couldn't say that Li Jiacheng really had this ability, but he was also worried that Li Jiacheng would fool him with a bad property, so he said, "I think the Windsor Building owned by Land Company is good."

Li Jiacheng thought for half a minute and said, "Okay, I'll try it."

Windsor Building, also known as the Royal Castle Building in its previous life, is a Causeway Bay property that Jardine Matheson attaches great importance to now. Ho Jiahao thinks this is unlikely, but Li Jiacheng seems to be more confident.

Since Li Jiacheng agreed, He Jiahao could only nod and say, "Then I wish Li Sheng success!"

"Thank you!" Li Jiacheng said, returning to his elegant look.

If we win the Windsor Building, even though it is a little more expensive now, Ho thinks it is worth it. This is a large shopping building built by Land Corporation in 1978. It is 18 floors tall and has a retail floor area of ​​300,000 square feet. The monthly rent is Several million dollars more.

The two didn't chat for long before saying goodbye and leaving.

He Jiahao returned to the car, sat in the back seat and pondered. Li Jiacheng was not only strong-willed, but also good at negotiating. Originally, he wanted to embarrass Li Jiacheng, but he never thought that Li Jiacheng did not refuse. It seemed that Li Jiacheng needed this money for speculation. .

He also thought about using secret means to hinder Li Jiacheng to prevent him from developing too fast and affecting the strategic implementation of his companies. However, when it came to high-quality properties like Windsor Building that were difficult to buy with a lantern, he gave up. Although two residential buildings It can bring a lot of start-up capital to Li Jiacheng, but it will also take time, and it is completely inferior to his current investment and the scale of his company.

Perhaps due to the memory of his previous life, Ho Ka-Hao has always regarded Li Jiacheng as a stumbling block in his life, and wanted to move this stone to the bottom of Victoria Harbor. Now he feels that Li Jiacheng is of some use, at least he can add a shopping mall building for himself.

After He Jiahao left the hotel, he went directly back to Deep Water Bay to prepare things for inspection in Shekou tomorrow and to accompany Chen Yulian, who was about to give birth.