The rise of Hong Kong's wealthy families

mid-December

He Jiahao, Huo Jianning and Shen Dingqian gathered in the small conference room of Manulife Development Company.

Shen Dingqian was very excited. He took over the management power of Manulife Development Company from Huo Jianning very early. However, he also knew that he might not have the status of Huo Jianning, and he might not even be as important as the two directors of Huamei Real Estate (Gao Ci and Chen Yong). , today he was able to attend a meeting with only three people, and suddenly he seemed to feel that his position was higher than that of the directors of Huamei Real Estate.

This also means that he will receive more appreciation and a higher status from his boss.

"Jian Ning, how much funds can Hutchison Group use?" He Jiahao asked with a very serious expression. This is a big deal.

"We need to leave 100 million Hong Kong dollars as working capital, and the remaining 500 million Hong Kong dollars and 200 million US dollars can be used at any time. The boss really wants to take action against Land Company?" Huo Jianning also looked a little excited. That is Land Company, the ceiling of Hong Kong real estate industry like existence.

Hearing 'take action against Land Company', Shen Dingqian looked at He Jiahao with rapid breathing.

"Yes!" He Jiahao nodded, "I have disclosed this intention to Zheng Yutong, Li Jiacheng and Guo Desheng, and also invited them. However, they are all sorting out their companies now and have no way to withdraw for the time being. The funds for Manulife's development are still there. It is expected that more than 15 billion Hong Kong dollars will be withdrawn, and the funds for the acquisition are almost there.

Land has been in a huge debt crisis since September. Coupled with the control dispute between the Keswick family and Nubigian's Jardine Matheson, problems such as stock price decline will appear sooner or later. This is a once-in-a-lifetime opportunity for us. . "

"Does the boss want to wait until the stock price drops before taking action? Wheelock Company is also facing a big crisis now. The boss wants to give up on Wheelock Company?" Huo Jianning said after pondering. He had known about the boss's acquisition of Wheelock Company for a long time. intention.

Shen Dingqian was dumbfounded as he listened. Both companies are among the top ten big companies in Hong Kong. Is the boss so arrogant?

"Acquire Land first, and then talk about Wheelock. In any case, Land is much better than Wheelock." Ho said.

Huo Jianning nodded. Although Wheelock has the title of one of the four major foreign banks, its strength is much weaker than that of Land Company.

"Will such a big move of ours lead to obstruction from HSBC? When Jardine Matheson wanted to acquire Wheelock, HSBC blocked it." Huo Jianning reminded.

At the time, HSBC was the largest consortium in Hong Kong. Once Jardine Matheson acquired Wheelock, it would surpass HSBC and become the largest consortium in Hong Kong. This was something that HSBC could not tolerate, which led to the horrific acquisition war. Ended without illness.

Manulife Development currently owns Huamei Land-Hutchison Group-Hong Kong Electric Group, Towngas, Cloud Dream and other companies. If it acquires another real estate company, it is likely to attract obstruction from HSBC. Such an acquisition will be very difficult. Hard to succeed.

"This is one of the reasons why I invited Zheng Yutong, Li Jiacheng and Guo Desheng. However, our current situation is better than when Jardine Matheson acquired Wheelock, because HSBC has implemented a globalization strategy and is not entirely focused on Hong Kong. On this land, even if they want to stop us, they won’t have the same strength as before.

And I believe that once we take action, Zheng Yutong and the others will definitely participate, so we must first obtain enough capital to obtain the largest piece of cake after the acquisition is successful. "He Jiahao said with a fierce look.

"With the help of these tycoons, HSBC will not be terrible. Even if we fail, Land Company will have to pay a heavy price." Huo Jianning said with a sigh of relief.

HSBC and Jardine Matheson have given Chinese capital an unknown amount of influence. Even now, they are still two big mountains above their heads.

"Boss, we can add fuel to the fire for Land's stock price plummet, make the company's operating conditions public, and undermine investors' confidence in Land." Shen Dingqian said with a treacherous smile.

He Jiahao waved his hand. He had considered this plan. The situation of the Land Company would always be exposed. If he chose to take action now, it might arouse the suspicion of the Newbigian and Keswick families, and the gain would outweigh the loss.

"It doesn't matter whether it's earlier or later. There's no need to alert the snake. You have to keep an eye on the Land Company's situation secretly. Manulife Development has set aside 500 million in cash, and Hutchison Group has also set aside 500 million. Once Simon Kai Sirk drove Nubigian away, and we began to secretly acquire Land shares," said Ho.

"Boss, what if Newbijian still suppresses the Keswick family?" Shen Dingqian asked worriedly.

He Jiahao smiled and explained, "Mr. Shen doesn't know something. The board of directors of Jardine Matheson Company is already dissatisfied that Newbikin has lost Wharf Company, and now Land Company is in debt. If you are not careful, your vitality will be seriously damaged." , if the Keswick family cannot regain control of Jardine, it will become an international joke."

Shen Dingqian's face turned rosy, he was so embarrassed that he actually asked such a simple question.

Naturally, He Jiahao saw Shen Dingqian's embarrassment, so he changed the subject and said, "Mr. Shen, Manulife Development still has the task of acquiring high-quality properties on the market. You should work harder and be careful not to use the funds more than planned."

"Yes!" Shen Dingqian responded quickly, ignoring the embarrassment.

"Watson's Group, a subsidiary of Hutchison Group, will prepare a large amount of goods in the first half of next year. I estimate that the Zhengzhou incident will trigger a rush to buy, and Watsons can definitely make a lot of money." He Jiahao told Huo Jianning.

"Watson's has a fund in its account that can be used, but I think it's enough to fill up its warehouses. There is no need to rent warehouses from other companies." Huo Jianning suggested.

It's not that Huo Jianning doesn't trust his boss, but he is taking a more prudent approach. If the rush to buy doesn't come, Watsons' goods will pile up, funds will not be withdrawn in time, and Watsons will miss some investment opportunities.

"Yeah." He Jiahao didn't force it. After all, Xiangjiang's retail industry is very developed. He knew that this would happen in September next year, but he didn't know how big the scale would be and how many goods could be digested.

After the meeting, He Jiahao heard the news that the Hang Seng Index had plummeted, falling below 800 points. Yesterday's stock market trading volume dropped sharply to HK$384 million, and investors panicked to the extreme.

However, He Jiahao knows that this 'extreme' will continue to be refreshed, and next year will be the day when the real terror comes.

Because the financial market is beginning to be turbulent, a large number of private banks have collapsed, many of which were caused by the inability to collect loans from real estate companies. , and finally required rescue from the Hong Kong government and HSBC.

Once HSBC agrees to the Hong Kong government's bailout treaty, its strength will weaken and it will not be able to recover within two years. This is one of the reasons why Ho Ka-ho acquired the Land Company.

The HSBC in its heyday is different from the weakened HSBC, and the top management of Jardine Matheson Company is still in the process of rectification, so they must not use all their strength. However, Ho Jiahao can use all his strength and find helpers, but only loses some profits. .

Then, He Jiahao began to inspect his companies. The most important task was to stabilize people's hearts. He promised his employees that they would not be fired or have their salaries reduced for non-major faults. They could even pay bonuses based on the company's net profit.

This was very effective. The next day the tense atmosphere in the company disappeared and was replaced by hard work and high motivation.