The rise of Hong Kong's wealthy families

Chapter 239 Tuen Mun Tender Case

"Reduced by 30% according to the market price!" He Jiahao said with a smile.

According to the original history, even the prices of commercial buildings in the Central District have dropped by about 20%, let alone properties in other areas.

Therefore, the 30% proposed by He Jiahao seems to be an advantage, but in fact it is a small advantage.

"This is impossible!" Chen Songqing stood up angrily. In his opinion, He Jiahao was completely taking advantage of the situation.

Of course, He Jiahao took advantage of the situation to rob. As long as the Jianing Group goes bankrupt, Chen Songqing will be a street rat that everyone in Hong Kong calls for beating. There is no need to consider whether he will offend Chen Songqing. His current 'robbery' is also to vent the anger of the people.

"Chen Sheng has a cup of tea to calm down." He Jiahao said with a smile, "The prefecture-level cities have fallen by an average of 15% in three months, and some have even dropped to 7%. Does Chen Sheng think that the prefecture-level cities have fallen by an average of 15% in a short period of time?" Is there still a possibility for prices to rise? There are a lot of high-quality properties on the market now. If I go out and shout, I’m afraid those people will compete to sell the property to me.”

When it came to this, Chen Songqing was silent. He Jiahao was telling the truth, but he still felt that he could sell it at a higher price, but the speed of withdrawing funds would be much slower.

After arguing for dozens of minutes, Chen Songqing decided that the lowest price was 90% of the market price, so the two broke up unhappy.

After sending away the big con man (liar), He Jiahao felt that Chen Songqing would not bother him again. As for the properties under the Jianing Group, he dared to say that few consortiums in Xiangjiang would dare to take over. Foreign consortiums were originally here to make money. Yes, let alone taking risks.

Therefore, Chen Songqing is destined to sell in bulk. This method can withdraw half of the funds before the 'murder case' occurs. Chen Songqing can be regarded as having God's help.

Now is not the peak season for the local market. Even for high-quality properties in Central, those buyers have to think about whether they can survive the cold winter.

According to the plan, He Jiahao wanted to go to the special auction of the bankruptcy of Jianing Group to pick up the missing items. Bidding was better than negotiating with Chen Songqing. At least you got what you paid for (at the current price), unlike Chen Songqing who wanted to take advantage until his death and did not want to suffer a loss.

A few days later, seven more small banks that accepted deposits went bankrupt. The situation of Sun Hung Kai Bank also began to deteriorate, and it would be in trouble if not careful. At the same time, immigrant capitalists competed to exchange Hong Kong dollars into foreign currencies such as US dollars for overseas use. cost.

The crisis in Xiangjiang is intensifying. From the plummeting of the local market, the plummeting of the stock market, to the current trend of currency exchange (still on a small scale), He Jiahao knows that it will eventually penetrate into all aspects of Xiangjiang, creating an unprecedented panic.

The Hong Kong government still uses the media to promote the advantages of British Hong Kong in an attempt to ease the crisis. Unfortunately, no one in Hong Kong is willing to believe it. Such behavior is like a circus performance.

Some people think that the Hong Kong government is trying to cover up the situation, making these people even crazier.

Under this trend, the wavering people finally couldn't bear the psychological pressure and joined the team of the violent side.

He Jiahao was also a little scared, so he increased the security force at the Deep Water Bay Villa, and Chen Yulian was not left out. As for Luo Qiqi, he also sent two bodyguards, one male and one female.

No one knows if someone will take advantage of the chaos to engage in kidnapping. After all, in this environment, it is difficult for the police force to ensure social security as before.

"Boss, the Hong Kong government has launched another piece of land at Castle Peak Bay in Tuen Mun, with an area of ​​4.41 million square feet. According to the Hong Kong government's plan, a large shopping mall, yacht marina, and a hotel can be built. Do we want to participate in the bidding?" Chen Yong said The side report said.

He Jiahao thought for a while, but there was no memory of this piece of land in his mind, so he asked, "What do you think the bidding price is more appropriate?"

This piece of land can earn a lot of profits, even in large housing estates, and it can also get so many properties for free. It is a very good investment project.

"If it's prudent, I think HK$500 million is enough." Chen Yong said.

The bidding price is HK$500 million, with an average of HK$113 per square foot, which is not very expensive.

He Jiahao thought about it. This piece of land is in a good location. It is close to the seaside. The residential building will definitely be able to sell. However, there is no need to think about getting back the capital in the past two years. I am afraid that the investment will exceed 1.5 billion, which will have a great impact on the subsequent bargain hunting. .

"I remember that New Era Real Estate and First City Company have a lot of cash in their accounts. They can probably collect 300 million. The funds raised from the last bid for the King of Admiralty can also be used for this bid. Let's do that. , the bidding case was led by Huamei Real Estate Company, and a consortium was formed by New Era Real Estate, First City Company, and Manulife Development Company to conduct this bidding case." He Jiahao said.

This can reduce the pressure on Huamei Real Estate and have less impact on bargain hunting.

"Yes!" Chen Yong nodded and said.

The Spring Festival in mid-February is over and March is about to begin.

The Hong Kong government announced the results of the Castle Peak Bay land bidding case in Tuen Mun. Huamei Properties won the bid with a price of NT$500 million, while the second price was NT$471 million, which was the price bid by Malaysian tycoon Robert Kuok.

Chen Yong will naturally do the final work of the bidding case. He Jiahao is considering another thing: Since the beginning of 1983, the shipping market has plummeted. Wheelock has already incurred debts of 2.18 billion and needs to pay 680 million for new ships. It can be said that Wheelock is already very dangerous. Now that the stock price has begun to plummet, should you buy it at this time?

However, He Jiahao soon rejected this idea, because the funds in the U.S. stock market had not yet been withdrawn, and he simply could not come up with more than 2 billion in funds. Wheelock was heavily in debt, but it was not yet at the end of its rope.

In order to take advantage of it, He Jiahao thought that he should first let John Madden rescue himself and pay off part of the debt, so that he could get a better quality Wheelock Company.

As for Bao Yugang and Singaporean tycoon Qiu Teck Puat, it's not that Ho Jiahao doesn't look down on him, but he has the upper hand and has huge funds. He is definitely not a dragon like Qiu Teck Puat or a local snake like Bao Yugang. opponent.

However, in order to be more secure, He Jiahao still asked a senior employee of Manulife Development Company to monitor the situation of Wheelock Company to prevent any butterfly effect.

According to the original historical development, the "Dragon-Snake War" triggered by Wheelock Company occurred in February 1985. If there was no butterfly effect, it would be most appropriate to start in the first half of 1984.

At that time, Ho's funds were also withdrawn. Nearly 20 billion Hong Kong dollars were enough to launch two takeover battles, with a winning rate of more than 70%.

The power struggle at Jardine Matheson Company has entered a fierce stage. Although Newbigian is still the chief executive of Jardine Matheson Company, Simon Keswick has also become the company's executive director. Coupled with Bao Fuda's impartial stance, Newbigian seems to be gradually in a Downwind.

He Jiahao heard that more than 30% of the top executives have defected to the Keswick family. Nubigian's management authority at Jardine Matheson Company has been greatly challenged. Some people have begun to work in secret, which means that Nubigian is about to be defeated. .

He Jiahao didn't want this fight to end so soon, and he even couldn't help but want to step in to help a group of New Beacons, causing New Beacon and Simon Keswick to continue to fight against each other.

"When the snipe and the clam fight, the fisherman wins." This fisherman can only be He Jiahao.

According to He Jiahao's prediction, he can start to take action on the real estate company in the second half of the year. Once the shares acquired exceed the shares held by Jardine Matheson Company, he will dare to announce the acquisition.

This move is bound to go down in the history of Hong Kong and make Ho Ka-ho the most powerful tycoon in Hong Kong.

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