The rise of Hong Kong's wealthy families

The real estate market is strange and ever-changing. Although it is not as falling as it was in 1982 and the beginning of the year, the price fluctuations now make it difficult to predict the market. Even tycoons like Zheng Yutong only make purchases when they see what they like.

Huamei Real Estate Company is very greedy for high-quality properties. It buys them all and then sells them to make a profit when the market conditions improve.

"Boss!! Miss Luo!!" Chen Yong led a group of staff and sat down next to He Jiahao.

Chen Yong has already made a plan. As long as Miss Luo raises the sign, Huamei Real Estate will not bid. The future landlady cannot offend.

"Didn't you recently acquire villa properties with Yu Lian? Haoxin Real Estate also has spare money to auction?" He Jiahao asked jokingly.

Luo Qiqi curled her lips and said, "Haoxin Real Estate still has some funds, so we should be able to get one or two cheap pieces of land."

He Jiahao believes that real estate development is a business with a relatively slow return on capital. Although it has low risks and high returns, it takes a long time and requires a lot of energy. It is not as good as stock speculation, foreign exchange speculation, or even property speculation.

However, Luo Qiqi has no experience in securities, so she can choose property and real estate development to steadily increase the company's asset value.

"Go to more bankruptcy auctions. You can earn less by purchasing low-priced properties than developing real estate." He Jiahao raised the corner of his lips and continued, "Working with Luotu Clothing Company, Yulian also had some funds from real estate speculation before."

It was He Jiahao who gave Chen Yulian some tips. She was speculating in real estate on her own. She didn't have much money, and a villa was still enough.

Luo Qiqi pursed her lips and smiled and said, "Okay, then I'll go to Deep Water Bay as a guest tonight."

Although Luo Qiqi has moved into the villa at No. 1 Baijia Road, He Jiahao is not here, so she usually goes back to Saixi Lake Residence to live.

The auction was still the same. The first thing to appear was a piece of land with an area of ​​35,000 square feet. The starting price was 21 million yuan, with an average price of 600 yuan per square foot.

Even so, real estate developers still show little interest, with only two or three real estate developers raising placards.

Of course Luo Qiqi didn't want it, so Huamei Real Estate won it for 31 million yuan.

He Jiahao will not interfere with Chen Yong's auction. He does not even know Chen Yong's auction plan.

Two hours later, the auction ended. Among them, Huamei Real Estate won 9 pieces of land, which cost 130 million Hong Kong dollars. Luo Qiqi won a small piece of land with an auction price of 5 million, but Luo Qiqi was very satisfied.

"He Sheng, how are you doing lately?" came a familiar voice, "Is this Miss Luo Qiqi next to you?"

He Jiahao looked at Huang Tingfang and his son who were approaching slowly, and said with a smile, "Thanks to Huang Sheng, things have been very good recently. I heard that Huang Sheng's Xinhe Real Estate Company is doing well."

Due to its rapid expansion in the past 1980s, Sino Land suffered a sharp decline at the end of September 1982 and became heavily in debt. It was not insolvent, but the debt ratio was as high as 70% to 80%. Huang Tingfang and his son have been selling their properties this year. Properties are being used to repay debts, including the new shopping mall office buildings in East Tsim Sha Tsui. Now Sino Land has emerged from the crisis and has reduced its debt ratio to about 40%.

Therefore, the two father and sons reappeared at the auction, but the intensity of the land auction was not as strong as before.

"He Sheng was joking. Sino Real Estate has just emerged from the crisis. I would like to thank He Sheng's Huamei Real Estate for taking over some of Sino Real Estate's properties." Huang Tingwen smiled with a smile on his face, but his eyes didn't seem to express much gratitude.

"Huang Sheng's words are serious, it's just a sale! Speaking of which, Huamei Real Estate also took advantage of Huang Sheng." He Jiahao said coldly. The two sides were polite on the surface, but in fact they were irreconcilable. If it hadn't been for the previous words, he would definitely have ignored the letter and the real estate. foot.

After all, he is not Li Mingze and can swallow the promise back.

The two choked each other a few words and left.

"Dad, I think He Jiahao is plotting something. Huamei Real Estate Company is acquiring properties on a large scale, Hutchison Group is privatizing its companies, and his private company Manulife Development doesn't seem to be making any big moves, which is a bit strange." Huang Zhixiang said with a frown.

Hearing this, Huang Tingfang thought about it. Manulife Development Company was too quiet. Could it be that it was plotting against some big company? He guessed that it would definitely not be Sino Land, because the first few months were the best time to deal with it. Hysanx Corporation?

"Is it possible that it is Hysan Industrial Company? After all, Li Mingze just passed away." Huang Zhixiang woke up and said.

"The possibility is very high, but the Lee family holds 43%. He Jiahao will not know the difficulty." Huang Tingfang believes that He Jiahao's sneak attack on Hysan Industrial Company may just be a profit. Although Li Mingze is gone, the Lee family is third There is currently no one to carry the banner, but the shareholding is high enough. As long as some funds are invested, Hysan Industrial can be controlled.

"Then should I inform Li Dingchang and the others?" Huang Zhixiang asked.

Huang Tingfang thought for a moment, then nodded, "Go ahead."

Huang Tingfang knew that the relationship with He Jiahao could not be eased. If he lost Hysan Industrial, the leading company, he was really worried that He Jiahao would secretly instigate others to cause trouble, such as the sniper Liu Luanxiong.

Everyone in Xiangjiang knows that Liu Luanxiong is He Jiahao's younger brother, even though Liu Luanxiong is now closer to Li Jiacheng.

In the blink of an eye, it was mid-January 1984.

As Shen Dingqian heard the news, Land announced the placement of 72 million shares of Jardine Matheson at 12.3 yuan per share, cashing out HK$860 million, reducing Land's stake in Jardine Matheson from 42.6% to 25.3%.

At the same time, Jardine Matheson Company also announced that it would reduce its shareholding in Land Company from 30% to 25%, cashing out a large amount of funds to repay debts.

Of course, HSBC’s debt collection also contributed to this.

This is evident from the fact that Shen Bi, the senior manager of HSBC Bank, ignored the interests of British capital and fully supported Li Jiacheng's acquisition of Hepu International.

Moreover, Shen Bi said in public that HSBC can cooperate with anyone as long as it is in the interests of HSBC.

In the past few years, the British capital had great opinions on HSBC, but it did not affect their loans at HSBC at all. Therefore, everyone knew that the British were only profit-seeking, but Shen Bi just told the truth.

Even if the Land Company cashes out RMB 860 million, it can only repay a small proportion of the debt. The amount of debt still exceeds RMB 10 billion, which is close to the asset value.

Sitting in the office, He Jiahao took a sip of tea and said with a smile, "Jihe Land's holdings of Land shares have dropped to 25%, while Land holdings of Jardine Matheson shares are only 25.3%. This is a record low."

Shen Dingqian also smiled and said, "We now hold 23.1% of Land shares and 5.2% of Jardine shares, and we can announce the acquisition soon."

At the beginning of January, all investments in the U.S. stock market had been withdrawn, and the net profit was US$1.308 billion. So He Jiahao asked Gauss to convert all US$1.3 billion of it into Hong Kong dollars and remit it to Hong Kong. Suddenly, Manulife Development Company's account was filled with money. More than 11 billion Hong Kong dollars, which made He Jiahao stiffer.

"Continue the secret buying and strive to increase Land's shareholding to 30% and Jardine Matheson's shares to 11% before the Spring Festival." He Jiahao ordered.

Holding 30% of the shares of Land Land is not very safe. After all, the Keswick family has been entrenched in the company for many years, and many shareholders are British. They will naturally support their own people. He Jiahao believes that the shareholding must be close to 35% to be more safe.

If the Keswick family wants to carry on, Ho Ka-Hao will definitely launch a comprehensive acquisition. I think HK$10 billion is enough.

However, Ho's target is the Land Company, and he does not want to fight head-on with the Keswick family. This will be of no benefit to anyone, and will only benefit those shareholders and investors in vain.