The rise of Hong Kong's wealthy families

Land's current debt has exceeded 10 billion. This is the result of rapid expansion and the inability to make big money through other means.

Ho Jiahao believes that even if it is so serious, Nubigian and Bao Fuda will not stop. Because of the loss of Wharf Group, they have been questioned within Jardine Matheson Company and urgently need performance and consolidate their position, otherwise they will be kicked out. Senior Directors.

In fact, their actions are very similar to the original Hepu International. One is in the stock market and the other is in the real estate industry. However, the only advantage of Real Estate is that it still has physical objects in hand.

Therefore, He Jiahao is not willing to push these two too far. If these real objects are cashed out, he will get a not-so-complete Land Company. Although it is better than nothing, he hopes to get the right wing of the Jardine Matheson Company.

Many big companies returned empty-handed from this auction, and Ho Ka-ho seemed to be among them. In fact, it achieved its goal and caused Land to hemorrhage.

In another six months, what should come will naturally come as scheduled. What Huamei Real Estate and Manulife Development need to do is reserve funds. At the same time, they can earn more than 50% of Hong Kong dollars by converting them into US dollars before September.

Today, Huamei Real Estate has a debt of 1.03 billion, with a debt ratio of 20-30%. It seems to be operating well. In fact, the company's financial accounts only have 200 million in cash deployment, which is very small for a large company. Big surprise, this money cannot fill the hole, so Huamei Real Estate still needs to reserve funds. According to He Jiahao's budget, this fund cannot be less than 1.5 billion.

This number is very large, and it is in cash. Huamei Real Estate needs to obtain 1.3 billion in cash within half a year, provided that no new liabilities are added, and it can even cover part of the liabilities. After all, some debts will expire.

Manulife Development Corporation has a lot of cash on its books. 70% of the cash has been converted into US dollars, leaving only 30% to deal with some emergencies, such as the need to purchase super-high-quality properties.

Moreover, He Jiahao's investment in technology stocks in the United States is very large, and he can buy a large company like Wheelock. This is He Jiahao's confidence. Even if he loses everything, he can still make a comeback.

Now this batch of investments has a market value of US$1.4 billion. According to the future exchange rate of 7.8, He Jiahao has 11 billion in cash. It can be said that he can establish a very large company in an instant, not losing to companies such as Hutchison Group and Huamei Real Estate.

At this point in time, Ho felt it was time to prepare to talk to the Hong Kong government about the land fee. The Hung Hom site was 800,000 square feet, the causeway bay garage site was more than 90,000 square feet, and the Hong Kong Electric Company's North Point power plant was more than 200,000 square feet. A square foot of land would probably cost more than 1 billion at the current price. If it were to plummet, it would cost several hundred million, and it could also be used to make the Hong Kong government owe a favor (after all, the Hong Kong government's land revenue accounts for 30% of the total revenue) .

Asia Television Headquarters

He Jiahao was reading the TV station's briefing, and Zhou Liangshuyi sat opposite, waiting for the boss's questions.

The TV station still suffered losses last year, but the amount was only about 6 million, which was generally good.

However, it failed to fulfill its commitment to the board of directors and achieve profitability, mainly because too many new programs were launched and the costs were not recovered successfully. Some of the losses were compensation for poaching people.

Asia Television has successfully occupied nearly 35% of the market, and wireless's market share has further shrunk. There seems to be no big problem with the market share reaching 45% this year. This is the only thing to be happy about.

"The TV station already has high-quality programs such as "Millionaire". As for the copyright issue, I leave it all to you. You must get more benefits for the TV station and don't take advantage of those foreign devils." He Jiahao said seriously.

"I know, He Sheng!" Zhou Liang Shuyi nodded.

"The number of new programs this year needs to be reduced by about 40%. The reason is very simple. Shareholders need dividends, otherwise I can't explain it. And there will always be problems when the TV station expands too fast." He Jiahao looked at Zhou Liangshuyi and said.

"He Sheng, is 40% too much? How about 30%?" Zhou Liangshuyi began to bargain. It seemed that He Jiahao was not her boss, but just a customer.

He Jiahao did not agree immediately. He thought for a while and then nodded and said, "Okay, we must make a profit of more than 50 million by the end of the year."

"Okay, I will fulfill your request. Can you delegate the appointment and dismissal power at the manager level to me?" Zhou Liangshuyi asked tentatively.

Previously, Zhou Liangshuyi only had the right to appoint and remove supervisors, and only had management rights to the manager level. The manager was the head of each department, and this was He Jiahao's biggest magic weapon to control the TV station.

Zhou Liangshuyi is not a young person in the workplace. She should know that this request is taboo, and it is likely to cause He Jiahao to resent him and even deal with Zhou Liangshuyi.

"Reason! I need a reason to convince myself." He Jiahao asked in a deep voice. He knew that Zhou Liangshuyi did not want to seize power. There should be a manager-level employee who was dissatisfied with her management and coordination, or even violated it, so Zhou Liangshuyi only Want to get the power to impose sanctions.

Zhou Liang Shuyi was overjoyed. She originally thought that He Sheng would use excuses like 'consider' to get over it, but now when it came to the reasons, naturally if the reasons were strong, He Sheng would make a decision on the spot.

"Although some people have completed the tasks I assigned them, they will leave some loose ends and delay the progress of the matter. Moreover, they have united several departments to resist, and it is difficult for me to let go. Of course, I don't want to fire them, just I hope it will make them have some scruples and complete the decision made by He Sheng and the board of directors." Zhou Liangshuyi explained clearly and seemed to have no reservations.

He Jiahao thought about it for a moment. Once this authority was delegated to Zhou Liangshuyi, it would be difficult to take it back. However, it would also be beneficial to the development of the company. After all, 'don't use people who are suspicious, and don't trust people when you employ' has always been He Jiahao's principle of doing things.

"Okay, except for the finance department, the power of appointing and removing managers at the first level of other departments will be delegated to you. I will ask the secretary to announce it to all TV stations later. However, the profit must be increased to 80 million. Is it possible?" Zhou Liangshuyi's request If He Jiahao is satisfied, then he needs to put forward higher requirements.

"Yes, I will definitely complete the work assigned by He Sheng." Zhou Liangshuyi said confidently.

With this power, work will be easier to do and progress will naturally be faster.

"What's happening on TVB's side?" Ho Ka-Hao is not involved in TVB's business affairs, which have always been controlled by Shao Yifu.

Zhou Liangshuyi said solemnly, "TVB's new program "Prize Doorman" has been welcomed by the public, and the ratings are not much lower than "Millionaire". However, our production expenses have begun to decrease a lot, and the profit should be higher than TVB is much better, but in terms of TV dramas, except for He Sheng’s script, we have lost to TVB in everything else. From now on, the TV station’s main focus will be on TV dramas.”

Hearing Zhou Liangshuyi's report, He Jiahao also nodded. Winning against TVB does not happen overnight. To achieve this result in more than a year is not bad.

"As for TV dramas, if you don't have a good script, I can help you think of it, but you also need to have channels yourself. I don't have much time to help you come up with scripts." He Jiahao has not written scripts for a long time, and all the inventory has been given away. Zhou Liang Shuyi and Yunzhimeng Media.

"Thank you He Sheng, I will definitely look for talents in this field." Zhou Liangshuyi knows how powerful her boss is. She heard that her boss's scripts have received high ratings and box office so far, and none of them have failed.

He Jiahao smiled and asked Zhou Liangshuyi other questions.