The rise of Hong Kong's wealthy families

Office of the General Manager of Manulife Development Corporation

As usual, Ho Ka-Hao sat at Manulife Development and checked the company's development situation. All its industrial buildings were almost sold out, leaving only two industrial buildings in North Point and Yuen Long. Among them, NT$380 million was withdrawn, profit was NT$140 million, and the rate of return was 60%.

With this money, he can breathe a little easier.

The acquisition war launched by Minghai Real Estate Company and Letu Real Estate Company for Paramount Company is coming to an end. Qin Haiming and Liu Luanxiong are selling Paramount shares and are expected to earn about 30 million.

What's more important is that the two have built a reputation, especially Liu Luanxiong, who is sought after by investors. They believe that Liu Luanxiong is proficient in stocks, and any stock that Liu Luanxiong gets involved in is likely to rise sharply.

And Chen Songqing paid for the news to accuse Liu Luanxiong and Qin Haiming of being stock market snipers, which is no different from real robbery.

It's a pity that the two of them had been mentally prepared for a long time and didn't care about the reputation at all. They even felt that Chen Songqing was trying to make them famous.

The two also said to He Jiahao, "If there is a chance, they will definitely attack Chen Songqing. Not only can they take revenge, but they can also make a lot of money, and even seize a listed company." ’

He Jiahao knew that Qin Haiming wanted a listed company, but for the time being he did not have the strength.

He Jiahao also told Qin Haiming that Minghai Real Estate Company was not suitable for listing in the short term because its foundation was unstable and he did not have the ability of Liu Luanxiong. The listed company might become a burden to him, so Qin Haiming temporarily gave up the idea.

An hour later, two uninvited guests arrived in the office.

"He Sheng!" The two of them greeted in unison.

"Mr. Wei Lis, I haven't seen you for a while." He Jiahao shook hands with Wei Lis, turned to look at the young man beside him, and said with a smile, "Luo Sheng, how is your father's health lately?"

That's right, the young man in front of him is Luo Xurui, Luo Yingshi's son.

He Jiahao guessed that the two of them came together for the acquisition. As for the company they acquired, he didn't know.

"My father is in good health. Thank you He Sheng for thinking about me." Luo Xurui responded with a smile. He was a little impressed that the He Jiahao in front of him, who was a little younger than him, actually came from scratch to where he is today in just 4 years.

He Jiahao waved his hand and said, "My father and I are acquaintances and have had many collaborations. I remember that you were present for several collaborations."

"Yes, thank you He Sheng for your previous support of Eagle Real Estate."

"Don't thank me. It's all win-win cooperation, and I've earned a lot." He Jiahao said with a smile, "I wonder why you two came here?"

The two looked at each other, and Wei Lis took the initiative to say, "He Sheng has acquired the CMB Company. He should be very knowledgeable about this type of public transportation company. Bailibao Investment is planning to acquire Kowloon Bus Co., Ltd. I wonder if He Sheng is interested." join in?"

The chairman and general manager of the Kowloon Bus Company Limited is Lei Juekun from the Lei family. The business situation is good, which is completely different from CMB, so the acquisition is somewhat difficult.

Kowloon Bus is an industry founded by the Lei family. Lei Juekun is the third generation of the Lei family. Although Lei Juekun is very talented in business, he adjusted Kowloon Bus a long time ago and developed towards diversification. Now it has also won The results are not bad, and the development of several companies under the Lei family is not bad. The total profit has exceeded the dividends of the Kowloon Bus Company.

Although Lei Juekun only holds 20% of the shares of Kowloon Bus Company, he has already regarded Kowloon Bus as his own industry and will make every effort to develop it to surpass China Bus Company.

Most citizens in Xiangjiang need to take buses, and some advertising spaces on buses have become a matter of competition for many companies. However, good positions are generally reserved for companies owned by Lei Juekun, and the largest number of them are properties developed by real estate companies. Therefore, they He made a lot of money in real estate, and the start-up capital of the real estate company came from the cashing out of the shares of the Kowloon Bus Company.

And Ho Jiahao has also collaborated with Lei Juekun, but the relationship is not that good, it is just an ordinary collaborator relationship.

He remembered that Kowloon Bus Company will be acquired by Sun Hung Kai Properties in the first half of next year, because Kowloon Bus has a large amount of low-priced land in the New Territories, the largest of which is hundreds of thousands of square feet, with a profit of more than 200 million.

"Although Bailibao Investment is a subsidiary, it is not weak and can be acquired independently. Why should we share part of the profits?" He Jiahao asked with a smile.

Luo Xurui explained, "Lei Juekun, the head of Kowloon Bus Company, has made a lot of cash with the help of the land owned by Kowloon Bus Company, and he also has cinemas and other industries, so he has relatively strong funds. If there is a fight, I am afraid that Bailibao Investment may not be able to It will have an advantage, and I want Bailibao to take over the Kowloon Bus Company."

"Is Luo Sheng interested in the land owned by the Kowloon Bus Company?"

"He Sheng's guess is good. Bailibao Investment needs the Kowloon Bus Company's land to complete its expansion." Luo Xurui admitted honestly. After all, this could not deceive people in the industry.

Kowloon Bus is a monopoly company of Hong Kong People's Livelihood. Its profit margin is regulated by the Hong Kong government, which stipulates that the annual net profit margin shall not be higher than 16%. As a result, the share price of Kowloon Bus Company has been very stable, with little room for growth. It is commonly known as the "Blue Lantern" '.

Today's Kowloon Bus has a market value of only NT$500 million, but its land parcels are worth more than NT$300 million. It is a well-established 'treasure' company and one of the reasons that attracted Luo Xurui to acquire it.

"How do Luo Sheng want to distribute the benefits?" He Jiahao said bluntly.

"The Kowloon Bus Company is owned by Bailibao Investment, and the land available to it is split 50-50," Luo Xurui said.

available? It's not you who has the final say.

He Jiahao murmured in his heart, shook his head and said, "I have a better plan, forming a joint company to be responsible for acquisitions and future land development. Each company will hold 50%, how about it?"

Luo Xurui thought about it carefully, nodded, and said, "Okay, follow what He Sheng said, but I hope He Sheng can provide 70 million in cash for the acquisition."

"No problem! I will send someone to use the funds." He Jiahao kept it secret.

Luo Xurui said with some reluctance, "After the acquisition is completed, half of Kowloon Bus's shares need to be sold to Bailibao Investment, and the remaining half will remain in the portfolio company."

"Okay! As Luo Sheng wishes! Since we want to acquire, I want to initiate the acquisition before January next year to prevent long nights and nightmares." Ho Ka-ho is a little worried that Sun Hung Kai will get involved. At that time, I am afraid that there is a greater possibility of making a profit and exiting.

"I will try my best to comply with He Sheng's request." Wei Lisi said from the side.

Asia Securities is the company assisting in the acquisition, and the progress is naturally managed by Willis.

"Then let's have a happy cooperation!" He Jiahao picked up the cup and motioned for a clink.

Bang!

"Happy cooperation!" The three cups clinked together.