The rise of Hong Kong's wealthy families

(The new book "These Times Are Very Interesting" has been released. It is currently one chapter a day. Please collect it here. "The Rise of the Hong Kong Riches" will not be eunuchs, and will remain two chapters a day.)

Mid-December 1983

He Jiahao is in charge of Manulife Development Company, and Shen Dingqian is reporting on the situation of Land Company in the office.

"Tahoe Investment Company (a joint company with New World Development) has acquired 7.3% of the shares of Land Company, consuming about 1.2 billion in funds. It is expected that the acquisition will be announced in April 2084." Shen Dingqian reported.

"It's too slow, hurry up and try to acquire more than 20% of the stock before February 1984." He Jiahao said in a deep voice.

Hearing this, a look of embarrassment appeared on Shen Dingqian's face and he said, "Boss, it is not difficult to acquire 13% of Land's shares within two months, but this will arouse Land's vigilance and may have an adverse impact on our acquisition case. "

He Jiahao fell into deep thought, and the news that 'Jihe Company will be relocated to Bermuda in late March 1984' suddenly flashed through his mind, and his face became more and more unhappy. If Jardine Company was relocated, the acquisition of Land Company would definitely be affected.

He had a bad premonition and was afraid that the Land Company's acquisition would fail.

In the end, he decided to initiate an acquisition of Jardine Matheson Company, so that he would be more confident and intimidating when negotiating with Simon Keswick, allowing Simon Keswick to choose one of the two.

"Manulife Development immediately mobilized all funds to acquire Jardine Matheson's shares without worrying about the shortage of funds."

Shen Dingqian was very shocked. Wasn't he talking about the acquisition of Land Company? Why is it launching another acquisition of Jardine Matheson Company? Is the boss out of his mind?

"Boss, should this decision be considered in the long term?" Shen Dingqian still said it.

Shen Dingqian continued, "I have heard from the senior management of Jardine Matheson that Simon Keswick proposed that Jardine Matheson reduce its shareholding in Land Company by 5% to only 25%. Land Company also reduced its shareholding in Jardine Matheson Company. , about 7%, has also dropped to about 25%. If we are alert now, we will miss such a good opportunity in vain."

He Jiahao became excited, "Is the news reliable?"

"I can't say it's 100%, but I'm still 70% sure." Shen Dingqian paused and then said more conservatively.

No one dares to say that it is 100% reliable. If something goes wrong and the acquisition is delayed, and the boss becomes angry, Shen Dingqian may have to live in Stanley Prison for a few years.

"Okay, let's take the acquisition slowly, and don't miss out on the stock acquisition of Jardine Matheson. Don't worry, we will have 15 billion Hong Kong dollars in funds arriving next month." He Jiahao smiled.

"Yes!" Shen Dingqian stopped persuading him. After all, the boss had already said it twice, and it was nothing more than three.

As long as the mutual control is reduced to 25%, He Jiahao feels that he has a winning chance. The two debt-ridden companies are simply buying one and getting one free.

Although the asset value of Jardine Matheson Company is much higher than that of Land Company, its focus is overseas and it has suffered losses all year round.

In the eyes of the Keswick family, Jardine Matheson is more important than Land, but in the eyes of Ho Ka-ho, Land Company is of higher quality than Jardine Matheson, and its reputation as a Central landlord is enough to attract people.

The last auction in 1983

He Jiahao didn't want to participate, as his staff could complete the auction task well. There was no outstanding land in this auction, it was just an exploratory auction by the Hong Kong government.

No one can say when the local market will recover, not even if it is the Hong Kong government. It is the market that has the final say, and one party is not powerful enough to control the development of any industry in the long term.

Under Luo Qiqi's persuasion, He Jiahao had to participate in the last auction in 1983. Huamei Real Estate Company won a lot of cheap land in the previous auction, which was a bit like "picking up cabbage".

"He Sheng, you are attending the auction in person. Is there any land at the auction that you are interested in? Which piece of land is it specifically?" A female reporter with Zhou Zheng's appearance put the microphone to He Jiahao's mouth, with a look of worry on her face. color.

"He Sheng, may I ask?" Other reporters were not to be outdone, and their upper bodies crossed the bodyguard's blocking line.

He Jiahao smiled and pressed his hands, "Everyone, please be patient! Attending the auction today was completely impromptu. The main reason was that my fiancée asked me to accompany her. The local market also has cycles. As for whether it is a trough, I don’t know either. Huamei Real Estate Company’s property acquisition is entirely due to the company’s needs. It’s a good thing to have people following you, but don’t scold me if you lose money.”

He answered some of the questions he heard, but he couldn't do anything about those he didn't hear.

He Jiahao has always had a good attitude towards reporters. In any case, they are the people who control the "tongue" of society. If they write randomly, their mood will be seriously affected.

"Miss Luo, what do you think of Miss Chen Yulian? Do you have a good relationship in private?"

"Some citizens saw Miss Luo and Miss Chen Yulian going shopping, often with a child. Is it Miss Luo's child or Miss Chen Yulian's child?"

After the reporter finished asking He Jiahao, he pointed the finger at Luo Qiqi and asked very tricky questions. Unfortunately, Luo Qiqi just smiled and did not answer any of the reporters' questions.

"The auction is about to start, let's go in!" Luo Qiqi said.

He Jiahao smiled and nodded, and Luo Qiqi took his arm and walked side by side into the auction venue.

"These reporters are really annoying. They often ask these questions and don't know how to answer them." Luo Qiqi complained. In fact, Luo Qiqi's non-answer was the best way to deal with it.

After the person involved answered, the reporter would still ask more outrageous questions. After all, they are all in this profession. If they don’t dig out the news that the public likes, how can newspapers and magazines get sales?

"If you don't want to answer, don't answer. They won't stop gossiping anyway." He Jiahao now understands that Liu in his previous life didn't want to answer personal questions asked by reporters. The media doesn't take things too seriously, so they won't think about the victims.

"Yeah!" Luo Qiqi nodded, changed the subject and said, "Recently, many people have followed Huamei Real Estate to buy bargains. Will it make the city recover in advance?"

He Jiahao smiled and replied, "They are just following the trend. This kind of weak-willed bargain hunting is only temporary and they can't last long. Even big companies are cautious about bargain hunting now. Small companies and speculators are even more afraid. They just don't want to fall behind." , cannot affect the general trend of the market.”

"It's hard to make money when the local market is not prosperous. When will Brother Hao think things will get better?" Luo Qiqi asked, blinking her big eyes.

He Jiahao smiled and said, "You can buy the bottom in July next year. It doesn't matter when the market picks up."

Luo Qiqi naturally asked about the time for bargain hunting. Once the local market recovers, it will be too late to buy the dip.

Entering the venue, He Jiahao and Luo Qiqi chose a relatively remote location and sat down. Then many acquaintances came over to say hello, and some strangers came over to make themselves familiar.