The rise of Hong Kong's wealthy families

Chapter 195 Having to bow before financial power

The head of Hang Lung was very unusual. After several hours of discussion with Li Mingze, Li Mingze agreed to all of Ho's requirements and sold the property at No. 1 Yun Ping Road, Causeway Bay at the market price and acquired it at a premium of 30% (due to the competition between the two companies) properties, prices increased by 20%) properties near En Ping Road, including properties owned by Weili Real Estate Co., Ltd., Letu Real Estate Company, and Hutchison Group. At the same time, Li Mingze also made a request: He Jiahao should no longer attack Hysan Industrial Company. and all businesses owned by the Lee family.

Knowing that he had been betrayed, Lei Juekun was as anxious as an ant on a hot pot and cursed Li Mingze as a bastard. Later, under the persuasion of his senior management, he immediately approached He Jiahao.

In the two years of 1977 and 1978, Lei Juekun and Ho Jiahao had many interactions. Although they were not friends, they were still considered acquaintances.

From the beginning, Lei Jue Kunming knew that He Jiahao had shares in Athlone Company, and felt that it would be embarrassing for him to come to ask for He Jiahao. Moreover, he was confident of repelling the acquisition by Athlone Company, so he did not come to ask for He Jiahao.

Now that the Athlone company is about to be successfully acquired, Lei Juekun can only act like a dead horse and pay a visit to He Jiahao to see if he can get some profits back.

"Haha!! He Sheng, long time no see! I didn't expect He Sheng to achieve such high achievements in four years. I can't help but express my admiration." Lei Juekun's greeting was very special.

"Yes! When Yun Zhimeng's movie was in trouble with Jiahe and Shaw Brothers, it was Lei Sheng who helped." He Jiahao guessed Lei Juekun's purpose and continued, "I know Lei Sheng's purpose of coming here today, so I can only I'm sorry, this involves the interests of Hang Lung and Great Eagle Properties, and I can't make the decision."

In fact, Lei Juekun's help at the beginning was only in his interests and was not considered help. If Lei Juekun had come to ask for mercy from the beginning, He Jiahao would definitely be willing to coordinate and let Lei Juekun get some of the benefits back. Unfortunately, now Too late.

"Okay then, I" Before Lei Juekun finished speaking, He Jiahao interrupted, "Don't you want Lei Sheng to get some benefits back?"

"What does He Sheng mean?" Lei Juekun said in surprise.

He Jiahao smiled and said, "I can transfer the 5% shares of Athlone held by Huamei Real Estate Company to Leisheng. After the land development under the Kowloon Bus Company, Leisheng's personal company will become the only agent of Athlone. I think This is a good profit, but Lui Seng needs to reduce his shareholding in Kowloon Bus Company and at the same time assist Athlone Company in taking over Kowloon Bus Company. What does Lui Sang think?"

This is a mutually beneficial plan, and He Jiahao believes that Luo Yingshi and Chen Zengxi will agree and give him this face.

After all, there is no harm to Luo Yingshi and Chen Zengxi.

Lei Juekun was still hesitating. Although the Kowloon Bus Company's shares could distribute dividends, the profit did not exceed 16%. How much could he get? It would be better to share some of the profits from land development in disguise, but he still couldn't swallow this breath.

If you compromise, you won't be able to do anything with these things in the future, because you have already chosen profit, not face.

He Jiahao is waiting for Lei Juekun's answer. There will definitely be struggles. He hopes that Lei Juekun can choose interests, so that everyone can still look good, otherwise they will completely tear their faces apart.

"What if I don't agree? He Sheng, you should have many ways to transfer the Kowloon Bus Company's land." Lei Juekun said with a grimace.

In front of these big guys, he really doesn't have much power to resist, not to mention that he is on the wrong team now.

"Well, that's true." He Jiahao nodded, "I'll ask the person in charge of Athlone to talk to you in two days."

"Lei Sheng, you are also an old man in the shopping mall. You know how fierce the fight between Jiahe and Shaw Brothers was back then. Many film companies went bankrupt. Wouldn't it be even worse for them? At least you can still be a rich man." He Jiahao pointed out. He said immediately.

"Yes, He Sheng is right, but he is a little unwilling to do so." Lei Juekun sighed.

He Jiahao reminded Lei Juekun and said, "The film market in recent years has been good. Lei Sheng can develop in movies. Let's do this. I will let Yunzhimeng Media Company cooperate with Lei Sheng to make money together."

"Thank you He Sheng!" Lei Juekun knew that He Jiahao wanted to compensate him, but he didn't dare to make any demands. The original favor was too small, and I'm afraid it has been repaid in these two times.

After chatting with He Jiahao for a few more words, Lei Juekun saw a staff member coming in to report on work, so he said goodbye to He Jiahao.

"Boss, all oil investments have been cashed out, with 474.61 million yuan of capital withdrawn, including 107.46 million yuan of profit, with a return rate of 36%." Tan Zhenzhen reported.

In almost half a year, the return rate of 36% was not low, and He Jiahao was satisfied.

He Jiahao thought for a while. In his memory, there were not many investment opportunities in 1981, and there were even fewer that were suitable for Huamei Real Estate Company. The economic growth rate in various places was very slow and it would take a long time.

"Choose 20 blue-chip stocks to buy 300 million yuan, with Hang Lung and Carnegie Group as the first priority. As for how much to buy for each stock, your department will discuss it and strive to maximize profits." He Jiahao ordered.

Tan Zhenzhen flipped through the notepad and said to He Jiahao, "We plan to buy 50 million shares of Hang Lung and Carnegie Group, 30 million shares of New World Development, and 20 million shares of Peninsula Hotel."

He Jiahao thinks that Tan Zhenzhen is an excellent securities talent, and he feels safe to hand over the investment of Huamei Real Estate Company to her. The only shortcoming is that he is too serious. He Jiahao rarely sees Tan Zhenzhen's relaxed side, and is a little afraid of being too tense. Nerves will break.

"Then buy it according to your plan, and the remaining 100 million will be used to pay off the due debt."

"Yes!" Tan Zhenzhen wrote and drew on the notepad again.

The companies under its subsidiaries have expanded too fast, and the talent echelon has not kept up. Today, CMB and Hong Kong Electric are in a semi-vacuum state. Only some important departments are under the control of He Jiahao. Fortunately, Huo Jianning is very capable. Hutchison Group includes most of the The companies under its subsidiaries have relatively strong control.

Currently, Huamei Real Estate has 4 sites under development in East Tsim Sha Tsui, 3 sites on Hong Kong Island, and 2 sites in Yuen Long and Tsuen Wan. However, they have been capped and are expected to be occupied by the middle of the year.

In terms of property, due to the large number of sales of industrial buildings, rents have dropped a lot, accounting for more than 30% of the total rent. However, with the completion of three buildings in the Central area, rents will return to their peak.

An hour later, He Jiahao arrived at Wanguo Baotong Bank with a group of bodyguards.

Gauss personally reported on the withdrawal of oil investment funds, "Hesheng's oil investment funds in the United States totaled US$1.058 billion, the average buying price was US$24.3/barrel, and the average selling price was US$38.2/barrel. After deducting all Expenses, the capital returned was US$1.534 billion, the profit was US$476.2 million, and the return rate reached 45%.”

He Jiahao nodded. The figure was similar to the expected figure. The return rate was only 45% in one year, which was not very high. "Mr. Gauss, please help me convert 500 million U.S. dollars into Hong Kong dollars and remit it to Hong Kong. The remaining 1.034 billion U.S. dollars will be transferred to me separately." Bought IBM (International Business Machines Corporation) for US$200 million, General Electric Company for US$150 million, and HP for US$100 million.”

Gauss wrote down He Jiahao's orders one by one, and then said, "Thank you very much, Mr. He, for investing in the United States. I think this fund will make the U.S. economy better and better."

He Jiahao had a smile on his face, but he was very contemptuous in his heart: Who is willing to contribute to the Americans? If there is not a high rate of return, I will not invest.

After giving instructions on the whereabouts of the funds, He Jiahao chatted with Gauss for a few more words, including many topics, and did not leave Wan Guo Baotong Bank until lunch time.

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