The rise of Hong Kong's wealthy families

mid-october

The market in Xiangjiang has become much calmer. Everyone is dealing with their own financial affairs. Some people are busy running for their lives, some want to immigrate quickly, and some want to sell properties in exchange for a normal life for the family. A group of people are counting the assets of Jianing Group.

At the beginning, the major banks were quarreling over the loan issues of the Jianing Group. Everyone wanted to take away enough assets to fill the loan deficit. Unfortunately, the local market was in recession, and the assets of the Jianing Group were not enough.

In the end, the Hong Kong government stepped in and divided assets according to the proportion of loans. Unfortunately, some banks were afraid that they would get poor property assets, so the Hong Kong government uniformly counted the assets, and then organized a bankruptcy auction, and the proceeds were divided according to the proportion of loans. point.

Among these assets are high-quality properties such as Harcourt Building, which is also one of Ho's goals.

This bankruptcy auction was not as good as previous auctions held by the Hong Kong government, but it did not lack some high-quality properties, and the prices were lower than those on the market. Therefore, it also attracted many real estate developers, including Zheng Yutong and Li Jiacheng.

"Unexpectedly, Jia Ning Real Estate Company, which ranked fifth among Xiangjiang real estate companies, closed down immediately. The debt of tens of billions is really scary. Real estate developers should be down-to-earth." Zheng Yutong sighed.

The rise of Jianing Group is due to the prosperity of the local market, and there are also some fraudulent speculations. However, real estate developers are all hypers, and they just speculate in small and large sizes.

Most of the real estate developers of Zheng Yutong's generation were honest in their management and development, unlike Chen Songqing who took shortcuts. Of course, He Jiahao also took shortcuts in the beginning, but later when he became truly powerful, he began to slowly transform into a more practical one. adventure management.

"What good thing does Zheng Sheng like?" Li Jiacheng asked with an elegant smile. He had some cooperation with Chen Songqing and had successfully escaped. In view of their friendship, Li Jiacheng generally didn't think much of Chen Songqing.

"The Harcourt Building in Wan Chai is good, and the shopping malls in Causeway Bay are also in better locations. Li Sheng should be interested in these as well." Zheng Yutong said lightly.

"Among the assets of Jia Ning Group, Harcourt Building is considered the most valuable. Zheng Sheng has a good eye." Li Jiacheng said.

Zheng Yutong turned to look at He Jiahao again and said jokingly, "Ah Hao, you own so many Central buildings, so don't rob this Harcourt Building from us."

He Jiahao smiled and said, "Then I will take a few shopping malls and raise the price, which will make it cheaper for those banks."

There are properties with better quality than Harcourt Building, but they are relatively few. The current buildings in Central have not fallen too much, and those owners will naturally not sell at low prices. Therefore, Harcourt Building will be favored by many real estate developers, and the price will not Low.

As Zheng Yutong said, Huamei Real Estate holds a lot of properties in Central. There is no need to forcefully take over the Harcourt Building. It is better to use the money to buy bargains.

Soon, the auction began.

The starting price of the Harcourt Building was 280 million, and real estate developers competed to bid for it. Finally, Zheng Yutong bought it for 380 million.

He Jiahao did not participate in the bidding, and kept watching Zheng Yutong and Li Jiacheng bid. So during the next auction in the shopping mall, the two of them stopped bidding when they saw He Jiahao raising his placard.

So He Jiahao easily acquired two shopping malls in Tsim Sha Tsui, spending more than 20 million, and the price was very cheap.

Li Jiacheng also acquired some property land in Causeway Bay and Sai Wan Ho, spending about 30 million. It is obvious that Li Jiacheng came here just for Harcourt Building.

In the steamy small room, three men gathered around the table, drinking fragrant tea.

"How much money is Ah Hao prepared to use to attack the Land Company?" Zheng Yutong asked with a serious expression.

"3 billion!" He Jiahao raised three fingers and saw the changes in the faces of the two people. He continued, "The Land Company is not what it used to be. It owes more than 12 billion in debt (the Hong Kong Telephone Company sold it for HK$2.4 billion), but those buildings in Central The strength of the building and the land at the bus terminal cannot be underestimated. Too little funds will only drive up the share price of Land Company, which will not do us much good, and it will even help Simon Keswick."

In fact, HKD 3 billion is not enough. It must be more than HKD 5 billion at least, because the performance of Zheng Yutong and Li Jiacheng was very poor, which proved that they did not want to spend too much money on this acquisition war.

"He Sheng, the time now is not very suitable. We can start again in three or four years, when the funds will be more abundant." Li Jiacheng suggested.

Li Jiacheng does not have a lot of funds in his hands, and it is difficult to raise 1 billion. After all, his assets are nearly 30% or 40% less than the same period in his previous life. Now he wants to buy the bottom, because he will definitely make a lot of money by buying the bottom, and acquiring a real estate company , he won’t gain much benefit, and may even fail, so wouldn’t he miss this good opportunity?

According to the original history, Li Jiacheng, Zheng Yutong and others took action in 1987. At that time, Jardine Land had completed its structural reorganization and was more able to deal with the United Consortium, so the United Consortium ended in failure.

Naturally, He Jiahao will not wait for Zheng Yutong, let alone Li Jiacheng. He has the ability to complete it on his own. Although without their assistance, the risk of failure will increase a lot, but now is undoubtedly the best time.

He Jiahao shook his head and said coldly, "Li Sheng was wrong. Now is the best time. In a few years, Simon Keswick will complete the restructuring of Jardine. At that time, we will have to deal with a powerful Jardine." If money is tight for both of you, I’ll play forward for you two first.”

"If you do it yourself, how much capital can you use?" Zheng Yutong certainly does not believe that 3 billion can acquire a real estate company.

He Jiahao stretched out the palm of his right hand, showing his big white teeth, and said, "5 billion!"

Zheng Yutong and Li Jiacheng took a breath. They did not expect that He Jiahao had such financial resources. This acquisition had a high chance of success, but it was really difficult for them to allocate funds.

"Do you want me and Li Sheng to spend no less than 1 billion in funds?" Zheng Yutong asked with a frown.

"No less than 1.5 billion!" He Jiahao shook his head and said in a very calm tone. If I told you that I have more than 15 billion in cash, wouldn't you be scared to death?

Li Jiacheng and Zheng Yutong looked at each other, both thinking deeply.

"Ah Hao, I need to think about this again. No matter what, it's 1.5 billion in cash." Zheng Yutong said awkwardly.

Li Jiacheng also said something similar.

It is easy for them to come up with 1.5 billion in assets, but cash is a bit difficult. However, considering that He Jiahao has said this very early, it can be seen that both Zheng Yutong and Li Jiacheng feel that the funds required for the project are too large and will affect them. My own development plan, so I didn’t make any preparations.

The three of them seemed to be breaking up on bad terms, and they both knew that He Jiahao would never wait for them.

If there is no 15 billion in funds, He Jiahao is not willing to spend 1.5 billion in cash to acquire the Land Company. Following other people's plans is not the way of a strong man.

Looking at the scenery outside the car window, Ho decided to withdraw US stock funds in the middle of next month and convert all US$1.3 billion into Hong Kong dollars, which is HK$10.1 billion, which should be enough to deal with two acquisitions.

If it's not enough, just exchange it.