The rise of Hong Kong's wealthy families
Chapter 258 Arrangements before the city recovers
end of March
The Director of Lands of the Hong Kong Government, Du Di, pointed out to reporters that "the Hong Kong government only received NT$885 million in revenue from official land auctions and tenders in 1983, of which only NT$385 million was obtained from official land auctions, and as many as 32 million pieces of land were forced to be repossessed. Frame."
It is conceivable how bad the city was last year, and real estate developers were very unfavorable about the city in Xiangjiang (excluding Ho).
As soon as this news came out, many real estate developers believed that the situation would improve this year, but more real estate developers were pessimistic.
Although the Hong Kong government has been cooperating with the media to publicize the progress of the negotiations between the two parties and cover up the unfavorable information, it is a pity that real estate developers and speculators do not buy it. They even think that the Hong Kong government wants to make a fortune before leaving.
However, He Jiahao's companies such as Huamei Real Estate Company are engaged in large-scale bargain hunting, and some real estate developers have followed suit, making the situation in the city much better than before. Businessmen who can persist are gritting their teeth and persisting, believing that the dawn of dawn is coming.
Manulife Development Corporation Office
Due to Shen Dingqian's transfer, He Jiahao promoted administrative manager Cui Meiting to deputy general manager. Of course, this was after his inspection.
"Boss!" Cui Meiting is an authentic Hong Kong Chinese. She once worked for an investment company in the United States. She has been back to Hong Kong for more than four years. She has a deep understanding of the situation in Hong Kong and the United States. This is one of the reasons why He Jiahao promoted her. one.
"Take a seat!" He Jiahao glanced at the ordinary-looking deputy general manager, who looked more capable in his work suit. "How is the stock acquisition of Wheelock Company going?"
Cui Meiting sat down and thought for a while, and reported, "We have acquired 21.7% of the shares of Wheelock Company and 34.8% of the shares of United Enterprise Company. If necessary, we can initiate a comprehensive acquisition immediately, and the funds can be used at any time."
"The shareholders of Wheelock Company must be very clear about the situation to prevent the worst situation from happening. At the same time, we must keep an eye on the stock market and the actions of those target individuals, and we must not let them hinder the company's plans." He Jiahao said with a straight face. .
"Yes! I have assigned special personnel to take charge of these matters. I will also intervene in a timely manner and it will definitely not affect the company's plans." Cui Meiting responded.
"How much money is left in the company's account?" He Jiahao asked.
"Excluding special funds, there are still 4.83 billion Hong Kong dollars in available funds on the account."
"The team's analysis report said that the acquisition of Wheelock Company requires 2.3 billion Hong Kong dollars. After deducting the 1 billion special funds, it still requires 1.3 billion. How is the industrial building market today?" He Jiahao plans to invest heavily in hunting down industrial buildings.
According to the original historical development, the supply of industrial buildings will begin to exceed demand in 1986, and property prices and rents will take advantage of the situation to rise sharply. Before the stock market crash in October 1987, industrial property prices in Xiangjiang reached the highest level in history.
Huamei Real Estate Company has already launched a small-scale bargain-hunting operation in the Kowloon Bay Industrial Zone, so it will be difficult for Manulife Development Company to enter the Kowloon Bay industrial building market. However, the scope of bargain-hunting has become wider, such as around Tsuen Wan, Yuen Long, and Kowloon Tong. They are all one of the goals of dividend development.
"The average price has increased by nearly 40% since the end of 1982. The price of Kowloon Bay Industrial Building is 95 yuan per square foot, and the Tsuen Wan Industrial Building is 127 yuan per square foot." Cui Meiting reported.
Ho knows that the geographical location of Kowloon Bay is better than that of places like Tsuen Wan. Even though the price is lower than other places now, once the price of industrial buildings rises, the price of Kowloon Bay will immediately soar to the forefront. It is a good investment project.
However, as the parent company, Dividend Development naturally cannot compete with Huamei Real Estate Company for business.
"Spend HK$1 billion to acquire high-quality industrial buildings. The investment area does not include Kowloon Bay. Be careful not to compete with its affiliated companies."
"Yes!" Cui Meiting nodded, waiting for the boss's next instruction.
"The Hung Hom land owned by Qingzhou Yingni Co., Ltd. will start to build residential buildings. Some of the convenient infrastructure will become the company's top priority. The first phase of residential buildings will be sold in the first half of 2085. The construction of the tram company's Causeway Bay garage land will The construction period must be tightened and operations must be launched before 1987." He Jiahao explained the work direction of his subsidiary companies.
He Jiahao remembers that starting from the middle of 1985, the property speculation trend that had been dormant for many years revived and almost turned into a riot. One can only imagine how hot the property market will be in the future. Of course, this is not something he can stop.
Other large real estate companies have begun to develop their land parcels. They seem to be aware of the coming spring of the property market and want to seize development opportunities. For example, Huanghe Industrial Company is desperately developing the Whampoa Dockyard Company's East Tsim Sha Tsui land, and Sun Hung Kai Properties is focusing its efforts on developing Sai Wan. Residential land near the river.
After Cui Meiting left the office, He Jiahao picked up the documents and started reading them.
Simon Keswick still insists on moving Jardine Matheson to Bermuda as in his previous life. This proposal is currently being discussed by his board of directors, but the Keswick family has fully controlled Jardine Matheson, so this proposal will still be passed.
This move in the previous life caused the Hang Seng Index to plummet 61.67 points, down 5.5%, which had a considerable impact on the Hong Kong stock market.
The impact of the relocation in this life will not be so big, but it will not be too small. The Hang Seng Index should plummet 40-50 points, down 3%-4%. Ho Ka-Hao will also buck the trend and enter, and save the money by the way. Look at the image. (Some people may think that it was Ho Jiahao who acquired the Land Company, forcing Jardine Matheson Company to relocate.)
After get off work, He Jiahao returned to Deep Water Bay Villa.
He Muhan was almost 4 years old. He Jiahao considered her safety and did not send her to kindergarten. As for making friends and social skills, He Jiahao didn't care much. After all, as He Jiahao's daughter, she was destined to have no real friends.
Even if he is unruly and willful, He Jiahao can make her live a worry-free life.
"Dad!!" Seeing He Jiahao walking in, He Muhan hurriedly greeted her. Chen Yulian was very strict with her. If she didn't meet the standards every day, she would be slapped on the palm. He Jiahao would sometimes stop her, so she had a better relationship with her father.
"Hey! What did you learn today?" He Jiahao leaned over and picked her up, looking at her delicate face. He Jiahao and Chen Yulian were both handsome men and beauties, so her appearance was naturally not ugly.
"I learned a lot, Chinese, English, and music." He Muhan clapped his fingers and muttered.
Her two tutors stood there, looking at the two father and daughter respectfully.
Chen Yulian, who heard the voice, immediately walked out and assumed the attitude of a strict mother, "He Muhan, come down immediately and finish today's task, otherwise you will be spanked today."
He Muhan looked at his father, as if he had no intention of helping, so he pouted and struggled down, "Dad refuses to speak for me."
"If dad helps you, we will all suffer." He Jiahao touched her head and said with a wry smile.
He Jiahao often does not interfere with Chen Yulian's education methods. Even if it is a girl, he will not dote on it, otherwise it will be bad for everyone.
"Next time if you don't complete the task, you won't be allowed to eat." Chen Yulian warned angrily, and He Muhan became more and more naughty.
He Jiahao came over, put his arms around Chen Yulian's waist, and said with a smile, "It's useless to be angry. You still have to teach patiently."
"It's all you!" Chen Yulian complained, "Let her go to kindergarten. Playing with children will be beneficial to her mental health."
He Jiahao thought for a while, nodded and said, "Okay, but the security around Xiaohan must be done well. The security situation recently is not very good."
Chen Yulian said, "Okay, I'll ask the security company to make a plan."
"Xiaohan is already four years old, it's time for us to have a baby." The heat from He Jiahao's mouth hit Chen Yulian's neck.
Chen Yulian looked at He Muhan and nodded, thinking in her heart, 'I'd better find a natural helper for Xiaohan, I hope it's a son. ’
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