The rise of Hong Kong's wealthy families

Chapter 231 Golden Bell Earth King

At the shareholders' meeting of Qingzhou Yingni Company, what He Jiahao said spread throughout Xiangjiang, making the property market even worse.

Some people have believed what He Jiahao said and sold their properties on a large scale. Some people did not believe it. However, after confirming that Huamei Real Estate Company sold many properties in the first half of the year, they also chose to believe it. However, more people still chose not to believe it because they They also want to make more money and wait until the market gets better before selling, but they don’t know that if the market gets better, they will even less sell.

The stock prices of medium-sized real estate companies on the stock market have begun to be affected and are already faltering. I believe that before long, they will experience a sharp plunge just like the stock prices of small companies.

During this big slump, Ho Ka-ho not only set his sights on some large companies, but also on many high-quality small and medium-sized companies, including Regal Hotels under Great Eagle Properties, Wheelock, and high-quality properties under the Carnegie Group. Land.

Li Shengluo of Weili Real Estate Company is not as optimistic as some people. He has already noticed the crisis caused by this incident, and he carried out a rapid expansion plan for Weili Real Estate in the early stage. He does not care much about He Jiahao's reminder, so he is now looking for He Jiahao's advice. help.

He Jiahao held two cups of tea and handed the one in his right hand to Li Shengluo. He slowly sat down as Li Shengluo thanked him.

"He Sheng, I really regret that I didn't listen to what you said. Although the property is for sale now, the price is really low." Li Shengluo did not directly ask He Jiahao to help, but tested He Jiahao's attitude.

Compared with Liu Luanxiong, who is more interested in Aimei, he noticed something was wrong in advance without He Jiahao's warning, and reduced the burden on Aimeigao and Letu Real Estate Company. The current situation does not have a big impact on Liu Luanxiong.

This makes He Jiahao feel that people who were powerful in the previous life are still powerful and there will be no change.

"Then what are Li Sheng's preparations? Should he continue to sell the property or are there other ways?" Of course He Jiahao would not agree to anything before he had enough chips, even if he was the second largest shareholder of Weili Real Estate.

He Jiahao still somewhat admires Li Shengluo, but his sense of business is a little worse.

Li Shengluo sighed and said, "There is no other option but to continue selling the property. Now the bank is urging repayment. Rather than letting the bank take away the assets, it is better for me to do it myself."

"I wonder if He Sheng is interested in the properties owned by Weili Real Estate?" Li Shengluo did not directly say that He Jiahao was a shareholder of Weili Real Estate and could not ignore death, but made a request in a very humble manner.

He Jiahao was embarrassed and said, "Actually, Li Sheng should have seen that the price of the property will still fall. It is not a good time to buy now, so even if I want to buy a property with a low profit, I will not buy it at the market price. This is still Please forgive me."

He didn't want to take advantage of the situation, but he didn't want to harm the interests of Huamei Real Estate and Manulife Development, so it was more appropriate to determine the price based on market conditions. However, He Jiahao could absorb a group of properties and let Weili Real Estate take a breather.

"Well! The situation of low-profit real estate is not very bad. If He Sheng can absorb about 50 million properties, the company can basically turn around." Li Shengluo said.

"Let's see. At 90% of today's market price, my subsidiary Manulife Development will acquire a batch of 50 million properties from Weili Real Estate." He Jiahao immediately made the decision and said, "Li Sheng, I guess the situation in the city will be even worse."

Li Shengluo was stunned. Of course he knew what He Jiahao meant by these words, and he successfully shattered his last bit of luck and said, "He Sheng, you are a shareholder of Weili Real Estate. Do you think you can continue to sell your properties and continue to collect funds? How about this plan?”

Li Shengluo knew how to speak well, and he used a discussion tone to let He Jiahao point out a way to help the low-profit real estate company overcome the difficulties.

Before Li Shengluo rapidly expanded the low-profit real estate company, he never asked He Jiahao for his opinion. However, it was clear that He Jiahao did not mean to anger him and instead gave him some help, so he took the opportunity to ask for more suggestions.

"Li Sheng, in this world, money can't buy anything." He Jiahao did not directly agree with Li Shengluo's plan.

"Thank you He Sheng! I know what to do." Li Shengluo thanked him sincerely.

After seeing off Li Shengluo, He Jiahao pursed his lips. At this time, he would definitely be losing money if he rescued low-profit properties. Property prices were falling, and every day was a different price. By next year, the properties that 50 million yuan could buy could double, and there would be no more. Now this amount.

But it can be regarded as repaying the favor of helping him get a loan shark before going to Lee Sung-ra.

Without thinking much, He Jiahao devoted himself to reading the documents again.

People like Tan Zhenzhen and Gao Ci were very capable. They sent a lot of securities and property information within a few days. Naturally, He Jiahao had to personally screen out high-quality things, even though the workload was huge.

Cackling! !

There was a knock on the door. He Jiahao looked up and saw that the person coming was Chen Yong.

"What's the matter?" He Jiahao asked lightly.

"In order to stimulate the local market, the Hong Kong government is preparing to launch the No. 1 Victoria Military Building on Queensway. The area is 117,000 square feet. Do we want to participate in the bidding?" Chen Yong sat down and said.

Ho Ka-Hao thought about it and remembered that this piece of land was taken back by the Hong Kong government because the bid was too low. It was finally bought by Swire Properties in 1985 for HK$703 million, which was only 40% higher than the reserve price.

In this bidding case, he still remembered that the Yellow River Industrial Company in his previous life had bid 600 million, but the Hong Kong government still disliked the low bid.

He Jiahao knew that it would be good to win it now, so as not to have to go to the auction to bid with other companies in 1985, but the price was too high, so it was definitely not feasible.

Although this piece of land is not as good as the 144,000 square feet of coastal land at the Central Bus Terminal, it is still a rare high-quality land, and Ho Ka-ho hopes to become a landowner in Admiralty and is not willing to miss it.

"What do you think?" He Jiahao still wanted to test this Chen Yong.

Chen Yong pondered for half a minute and said, "Boss, I think we should unite with Hutchison Group and the boss's private company to win this golden land. As for the price, I think it is more appropriate to be in the range of 500-600 million. Because of the recent The prefecture-level market is really bad, so the Hong Kong government probably won’t charge too high a price, and there will be fewer competing companies.”

The first half of Chen Yong's suggestion was very much in line with He Jiahao's wishes, but the price at the end made He Jiahao not satisfied. Thinking that Chen Yong's price was in line with the current situation, he could only nod his head.

"The price is too low, and the Hong Kong government has the right to take back this land." He Jiahao reminded.

"How about 700 million?" Chen Yong thought for a moment and said. What the boss said made sense. If the price was too low and it was withdrawn, the purpose would be defeated.

"Well, let's make the bid at this price. If the price is too high, it will easily affect our next plan." He Jiahao nodded.

"The distribution ratio of the three companies is 40% for Huamei Real Estate, 30% for Hutchison Group and Manulife Development?" Chen Yong said.

"Let's follow this initially and see what the finance department says. If Huamei Real Estate does not have so much funds, Manulife Development can bear the bulk and then give it back to Huamei Real Estate in the future." He Jiahao added.

Today, Huamei Real Estate only has 50 million in cash, which may not be able to support this ratio, but Manulife Development can bear it first.

"Okay, then I'll go discuss it with Manager Yin."

"No need, let's just hold a small meeting. The topic is the bidding case of the King of the Golden Bell." He Jiahao still didn't feel comfortable leaving it to Chen Yong and other senior officials. After all, no one of them could suppress the other.

"Yes, I'll make arrangements right away."

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