The rise of Hong Kong's wealthy families

Chapter 198 Beating the adventurous faction

"Both of you are in business, and harmony makes you rich. My final plan is for you to work together to raise the stock price, A Ming sells part of the stock, and Cui Sheng acquires the remaining shares at a price 20% higher than the current stock price. Finally, Cui Sheng's family The company secretly offered A Ming a two-story commercial building in Central without a premium. How about that?" He Jiahao proposed another solution.

Cui Baiquan had already expected that he was destined to be stabbed when negotiating with Qin Haiming. He would definitely not be able to accept half of Legu Real Estate. If word spread, he would become a joke in Xiangjiang.

The plan proposed by He Jiahao is already more realistic. After all, Qin Haiming will not let go until he gets benefits. Since then, he has suffered losses, but the losses are limited and he can still get them back from the market.

"Since it is the plan proposed by the boss, I have nothing to say." Qin Haiming glanced at Cui Baiquan provocatively. Although he made a lot of profits according to the boss's plan, it was much less than what he had won by himself. pleasure.

Cui Baiquan also nodded. He Jiahao asked the two of them to send someone to sign the contract at that time. He was a little afraid that the two of them would fight each other and something unexpected would happen.

Qin Haiming and Cui Baiquan left the office together.

Half an hour later, Qin Haiming turned back. It turned out that he had gone around Central and not left.

"Cui Baiquan is an old man in the real estate industry. The connections behind him are beyond your imagination. Now he cares about face and wants to reduce losses as much as possible. He will give you an advantage. If real anger is aroused, you can make a profit. It's bigger, but the opponent Cui Baiquan is eyeing you, which is not a good thing for you. After all, sniping is just a means of accumulating capital in the early stage, not a lifelong business." He Jiahao explained.

Qin Haiming is not Liu Luanxiong, and his abilities are lacking. He can try his best to avoid feuding, which will be conducive to the future development and growth of Minghai Real Estate Company.

Qin Haiming thought for a while and seemed hesitant to speak, but he still asked, "Da Liu doesn't seem to be afraid of this kind of thing?"

He Jiahao looked at Qin Haiming and smiled, with an intriguing expression on his face, "What do you think of Da Liu?"

".Ruthless, very familiar with stock operations, good at creating opportunities for himself, a bit like a wolf, that kind of alpha wolf."

He Jiahao nodded and analyzed something, "If Da Liu were here today, Cui Baiquan would not be so tough, because the benefits are less, Da Liu would definitely do something behind the scenes to make more profits, and it would be in a way that Cui Baiquan could not think of. So if Cui Baiquan wants to save face, he can only satisfy Da Liu. But he doesn't take you seriously. "

"KAO! Kill this old guy next time." Qin Haiming felt underestimated and a little angry. Although he thought he was not as good as Da Liu, he couldn't be looked down upon.

He Jiahao ignored Qin Haiming's irritability and continued, "Da Liu's abilities are acquired and accumulated through a large amount of data. You think you can be as good as Da Liu after learning a few tricks. This is unrealistic. So. , Amin, you have to study the tactics with a calm mind and don’t do it half-heartedly, otherwise it won’t work.”

Qin Haiming's face was a little uneasy. He did not dare to resent He Jiahao and understood that He Jiahao was teaching him.

"Okay, I will study Da Liu's case carefully and try to come up with something of my own, or even surpass Da Liu."

The tenders for the Sheung Wan MTR station superstructure project and the Sham Shui Po MTR superstructure project are coming as scheduled. Major real estate consortiums are eager to try, hoping to win these two pieces of meat and make a lot of money, thereby indirectly increasing the company's market value.

A company jointly formed by Huamei Real Estate Company, Sun Hung Kai Properties and Huanghe Industrial Co., Ltd., of which Huamei Real Estate holds 35%, Sun Hung Kai Properties 40%, and Huanghe Industrial Co., Ltd. 25% participated in the bidding. The agreed bidding price was 520 million, with an average of 6117 per square foot. Hong Kong dollar.

This was the price that Li Jiacheng of Huanghe Industrial was unwilling to persuade, because Li Jiacheng was developing land under the Huangpu Shipyard Company, and the capital turnover was not very smooth for the time being.

He Jiahao is naturally happy to see the results. After all, the bidding is too expensive and the project completion date is close to plummeting. He is worried that the project will be kept secret for too long, which is not conducive to the development of Huamei Real Estate Company.

The bidding results came out on the same day. A company composed of Sino Properties, Nan Fung Group and Great Eagle Properties won the Sham Shui Po MTR station superstructure project with a bid of NT$528 million, which was only NT$8 million more than the second place. This made Guo Desheng very regretful. .

For a tycoon, 8 million yuan is nothing at all. Losing a good project because of such a small disadvantage is really unacceptable, but there is no way to start over.

He Jiahao comforted Guo Desheng with the upcoming subway station superstructure project. As a result, Guo Desheng was unwilling to play with him and was ready to find some strong real estate developers who were willing to spend money to cooperate, which made him a little bit dumbfounded.

Huamei Center Building in Central (formerly International Building)

In the huge conference room, He Jiahao sat at the front seat and looked around at the senior staff present.

Clearing his throat, He Jiahao said seriously, "I know many people think that today's cities are booming, but companies are shrinking funds, which is very inappropriate. They should develop a large number of real estate and take advantage of the opportunity to make a fortune. You can think about the previous industrial buildings Is there a similar situation in the market? Can any of you guarantee that the residential and commercial building markets will continue to prosper in half a year? In the event of a collapse, how will the company face the difficulties? Huamei Real Estate is no longer the Huamei Real Estate it was before. After everyone’s efforts, Huamei Real Estate is already one of the top ten real estate companies in Hong Kong. What we need now is stability and not forgetting expansion, not expansion without forgetting development. The most important thing is stability."

Afterwards, the manager of the finance department reported on the financial situation of Huamei Real Estate Company. Due to the rapid development, the debt ratio is still more than 50%, which is 20% higher than that of a stable real estate company like New World Development. There are still many land developments that require follow-up funds. This is another considerable expense.

After each department's report, everyone has a clearer understanding of the company. If the company continues to expand without rest, this big ship will be in danger of capsizing when encountering strong waves.

In fact, He Jiahao is a bit suspected of intimidating the top management. After all, he holds more than 5 billion Hong Kong dollars in investment, which can be cashed out at any time to save Huamei Real Estate Company. But by then, Huamei Real Estate Company's senior management will also undergo a purge.

The company was brought down, which proved that these senior executives were not suitable to stay in Huamei Real Estate.

The senior executives are also afraid. Firstly, the salary of Huamei Real Estate is not low, even more than 10% higher than that of peer companies. It is more difficult to find the same job. Secondly, Huamei Real Estate has been bankrupted. The superstitious Xiangjiang boss may I will doubt whether you are a disaster star and whether you will bring down my company.

After the hard work at the meeting, He Jiahao felt that they could be quiet for a while, and he could take the opportunity to deal with the company's debt problem and welcome a new round of development plans.

At the same time, He Jiahao asked Tan Zhenzhen to prepare for the 1981 rights issue after the Spring Festival, striving to reduce the debt ratio to about 30% in order to better resist risks.

In the office, He Jiahao looked at the property statements, including the 50% interest in the Golden Gate Building (50% interest in Manulife Development Corporation), the loans of the Huamei Center Building and the Federal Building.

These large amounts of funds must be cleared before 1982, and then a large amount of cash can be accumulated in 1982, which can be used to partially hunt for the bottom in 1983 and invest in US dollars at the same time.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like