The rise of Hong Kong's wealthy families

This auction did not go as the Hong Kong government hoped. Instead, it aggravated the bad situation in the city. The media also launched a vigorous publicity campaign, which made the market even more panicked. Some real estate developers even cursed the Hong Kong government. Unfortunately, no matter what, the big slump has come. Who knows? It can't be stopped either.

Ho Ka-Hao looked at the exaggerated reports in the newspaper and smiled helplessly, "The Hong Kong government just wants money and has never thought about bailing out the market. The same is true for newspapers. They recognize money but not people. For the sake of a little sales, they describe the panic vividly. It's really true." There is no morality at all.”

The Hong Kong government's plan to rescue the market is just to sell land at a high price. Now it has affected the stock market and soon all walks of life. Tax revenue will definitely be greatly affected. The Hong Kong government's fiscal deficit is all caused by the Hong Kong government itself.

In He Jiahao's view, these officials really have unparalleled "sexy skills", like "why not eat minced meat".

At this time, Jardine Company was also in trouble. Not only was it heavily in debt, it was also experiencing power abuse.

Jardine Matheson Company is a family business, and its major shareholder is the Keswick family. Simon Keswick has returned to Hong Kong, served as a director on the board of directors of Jardine Matheson Company, and started a battle for control with the Nubigian faction.

As Jardine Matheson under the leadership of Newbikin first lost the Wharf Company, and now the desperate expansion has made the Land Company heavily in debt, with the amount of debt exceeding 16 billion Hong Kong dollars, the prefecture-level market has suffered a serious decline, and the Land Company has suffered unprecedented losses.

The top management of Jardine Matheson and Land have great objections to Newbikin. The Keswick family has made a comeback. Newbikin's Taipan position is in jeopardy, and even Bao Fuller's position may not be preserved.

According to the development of the previous life, Simon Keswick will take office next year (83), Newbigian will lose control of Jardine, and leave Xiangjiang in early 1984, and finally return to England to settle.

It took Simon Keswick more than four years to complete the restructuring of Jardine Matheson.

In this life, He Jiahao will become an important change in this.

"Boss, there is good news. The industrial land in Kowloon Bay has dropped by as much as 93%. Do we want to buy it now?" Chen Yong and Gao Ci came in hand in hand, and Chen Yong said excitedly.

With his back to them, He Jiahao was still looking at the scenery in the distance. He knew that now was a good time to buy property in Kowloon Bay, because it had already dropped to 7%, which was almost the bottom. It was impossible to drop to 5%. After all, the property was a real thing. .

"How much money do you want to use?" He Jiahao asked calmly.

"100 million!" The two looked at each other and Gao Ci replied.

He Jiahao asked again, "There are more and more high-quality properties on the market now. Do you plan to keep acquiring them?"

"Boss, I think the properties in most areas are still declining, and it will take some time to hunt for the bottom. The properties in Kowloon Bay are almost gone. We can acquire a batch first. Even if there is still a decline in the future, we will not suffer." Gao Ci I didn’t quite understand what my boss meant, but I still had the courage to speak out my thoughts.

"Well!" He Jiahao turned around and looked at the two of them, "Coordinate with the finance department on the amount of funds to be transferred so as not to affect the company's turnover. Also, don't be greedy. You must choose the best quality property."

"Yes!" The two responded with smiles.

The price of industrial land will not rise significantly until 1985, which is at least three years away from now. It is not absolutely cost-effective to throw 100 million into it. Although there is rental income, the rent has also plummeted. It may not be possible to get much money back.

However, the funds of Huamei Real Estate Company are also idle. Even if the banking industry shrinks, it will not affect Huamei Real Estate's loan of 100 million or 200 million, so He Jiahao agreed.

In the afternoon, Ho received the news: Hang Lung proposed to the Hong Kong government to reduce the land price of the Admiralty Section 2 subway station project by 25%. The Hong Kong government directly rejected it, and the Japanese bank that originally agreed to lend 1.5 billion yuan to Hang Lung temporarily withdrew. After making the promise, Hang Lung suddenly fell into financial difficulties.

He knew that Hang Lung lost RMB 400 million at the Admiralty Section 2 subway station alone, which was a big blow to Hang Lung, especially when the real estate industry plummeted.

In the evening, He Jiahao returned to the Deep Water Bay Villa. He Muhan, who was more than one year old, staggered over and hugged his thigh, shouting the unclear words "Dad", which made He Jiahao immediately relieved of his fatigue after a long day's work.

"Hey! My little baby! What did you eat today?" He Jiahao picked up He Muhan and wiped away the stains on her mouth.

"Dragon fruit!" He Muhan jumped in his father's arms, as if dancing.

Chen Yulian walked over with a smile and said, "Okay, your dad has been working all day. It's been a hard day. Just give him a hug and he'll be fine."

"I want dad to hug me, not mom." He Muhan's words were a little unclear, but he hugged He Jiahao's neck harder.

"Come here, mom, hug me, or mom will spank you." Chen Yulian said pretending to be angry.

Unfortunately, He Muhan remained unmoved. Although she was young, she knew that her father was at home, so her mother did not dare to hit anyone.

"It seems Xiaohan still likes dad more. Come on, give me a kiss!" He Jiahao made He Muhan giggle.

Half an hour later, He Muhan was attracted to the toy again and had no memory of how much he had pestered He Jiahao just now.

"Are you free?" Chen Yulian sat over and asked in a low voice.

She didn't want to disturb the interaction between the two father and daughter just now. After all, the matter was not in a hurry.

"Yes, tell me what you have to say." He Jiahao looked at Chen Yulian and said with a smile. Chen Yulian has changed a lot, maybe because she became a mother.

Chen Yulian pursed her lips, hesitated, and said, "Many people have asked me recently. I know those people want to ask you, but they are just borrowing my words. They ask how long will this crisis last? Will it recover in a short time?”

Hearing this, He Jiahao laughed and said, "There are still people who have illusions. This is a long-term crisis. As for when it will be restored, it depends on the Z government. How do we ordinary people know the specific date?"

"Well! Then I know how to reply to them." Chen Yulian said with a somewhat unhappy expression.

Of course He Jiahao noticed it, and asked with concern, "What's wrong? Is there anything else difficult?"

"No!" Chen Yulian shook her head.

He Jiahao reached out and hung a strand of hair from the side of Chen Yulian's face back to her ear, and said softly, "Is there anything you can do to be polite to me?"

"I just feel a little pitiful about those people, who were forced to jump off the building by the bank." Chen Yulian said.

He Jiahao comforted him: "You have already reminded them, but they are just unwilling to stop. The current predicament is caused by their own greed and has nothing to do with you."

In fact, the situation Chen Yulian mentioned is common in Hong Kong. The banks will not care whether these property speculators die or not, as long as they can fill the holes in the banks, it is true.

This is a typical example of "a dead Taoist friend but a poor Taoist".

Chen Yulian nodded and placed her head on He Jiahao's chest.

It all seems so warm and cozy, completely different from the families outside.