The rise of Hong Kong's wealthy families

Early April

Jardine Matheson Company announced that it would relocate to Bermuda, causing a huge sensation in Hong Kong. On that day, the Hang Seng Index plummeted 41.51 points, down 3.4%.

As a result, there were rumors that Jardine Matheson Company decided to relocate away from Hong Kong because it was disheartened by the real estate tycoon Ho Ka-ho's acquisition of the Land Company. The media highlighted the matter, and many people in the market believed this statement.

At the same time, the stock prices of many small and medium-sized enterprises have been affected, and there are also some complaints against He Jiahao.

When I just got to work the next day, companies such as Manulife Development Company, Huamei Real Estate Company, Hutchison Group, and Hong Kong Electric Company announced that they would use a large amount of funds to enter the stock market, and even spread the news in the market that "the local market is about to recover."

He Jiahao did this because he did not want to make people think that investing in the stock market was a guilty conscience for acquiring the Land Company. At the same time, he also needed to buy the stock market at the bottom. Jardine Company gave him a good opportunity. However, some sensible people in Hong Kong said that He Jiahao was honest.

This fair and open bargain hunting caused many companies to follow suit. In just one day, the Hang Seng Index soared 53 points, or 4.2%, completely erasing the impact of yesterday's relocation of Jardine Matheson Company.

The Hong Kong Financial Secretary also announced on this day that the fiscal budget deficit for 1984-1985 reached HK$3.6 billion.

This news did not cause a big wave, but Ho knew that the Hong Kong government was getting anxious. The budget deficit was 3.6 billion, and it would definitely be more than this number by the beginning of next year. The Hong Kong government naturally knew this, but no one could stop it. Unless the money can be earned from other places, the Hong Kong government must work hard on negotiations, otherwise the Hong Kong government will go bankrupt first.

A week later, a battle for control of Hysan Industrial Company broke out. Li Dingchang of the Lee family joined other family members to challenge the professional managers and wanted to expel them from the management of Hysan Industrial Company. The Lee family It is clear that he wants to take back the management rights of the company.

After several rounds, the professional manager company, which had less financial resources than the Lee family, was defeated and lost the management rights of Hysan Industrial Company. The confidence of the Lee family members increased greatly, but the happiest thing was not them, but Aimi. Liu Luanxiong of Gao Company.

He Jiahao didn't know how Liu Luanxiong was able to reach out to the Li family. He said he was not surprised that it was a lie, but he would not delve into this kind of thing, because in the end it was some unscrupulous people. means.

Liu Luanxiong acted very quickly. Taking advantage of Li Dingchang and others' unstable foothold in Hysan Industrial Company, he suddenly launched an acquisition case, which caught Li Dingchang and the others off guard. Fortunately, the Li family held 43% of Hysan Industrial Company. Equity, only needs to acquire another 6%, which is enough to control the entire Hysan Industrial Company.

As soon as the acquisition came out, Hysan Industrial's stock price did not rise as much as expected, but it also rose by 2 yuan per share.

Liu Luanxiong didn't stop there. News broke about the discord between members of the Lee family, followed by news that the Lee family company was heavily in debt.

One big melon after another made the investors dizzy. Some people actually believed that Liu Luanxiong could succeed in the acquisition, and the stock price rose accordingly. At this time, Liu Luanxiong took the opportunity to ship and made a huge profit.

Liu Luanxiong's methods are jaw-dropping, and his reputation as a sniper in the stock market is getting louder and louder.

Because the Lee family was afraid that Liu Luanxiong would succeed in the acquisition, they desperately sold the properties under the family company to raise funds to acquire the shares of Hysan Industrial Company, causing the family company to lose part of its assets. Members of the Lee family who knew the result accused Li Dingchang. However, Li Dingchang survived, but his position as the head of the family became increasingly unstable.

Soon the media found out that half of the funds used by Liu Luanxiong to attack Hysan Industrial Company came from Manulife Development Company, so many reporters stayed at Ho's companies, hoping to interview Ho and obtain first-hand information.

At the entrance of the Hilton Hotel, He Jiahao and Luo Qiqi had just finished enjoying lunch when they were stopped by a group of reporters.

"He Sheng, may I ask whether the funds used by Mr. Liu Luanxiong to attack Hysan Industrial Company were provided by Manulife Development Company?"

"He Sheng, I heard that you have been secretly blocking the development of Hysan Industrial Company and Lee Family Company. Is this rumor true?"

Even under the obstruction of the bodyguards, the reporters' microphones still reached He Jiahao's mouth.

"Everyone should know that I have a little conflict with Lee's, but it is not enough to hinder their development. Mr. Liu Luanxiong and I are friends and have cooperated several times. Of course I will help my friends, but I am just borrowing money. It’s just given to Liu Sheng, and I wasn’t involved in this matter.”

He Jiahao continued to smile and said, "I have been busy acquiring land companies during this period, so I have no time to pay attention to Hysan Industrial Company. Even if I have three heads and six arms, it is impossible to take action against so many large companies, and the Lee family holds shares 43% of the shares of Hysan Industrial Company are so secure, and I am not short of tens of millions."

Seeing that He Jiahao was willing to be interviewed, the reporters asked about Hysan Industrial Company and a series of questions about the Land Company, its subsidiaries, bargain hunting, marriage, etc.

He Jiahao knew the truth of "little devils are difficult to deal with" and answered many questions.

After dealing with reporters, he returned to his office on the 31st floor of the Huamei Center Building, where senior executives began to come in to report on their work.

The first person to come in was Tan Zhenzhen, "Boss, the company has raised 150 million to buy the stock market at the bottom, mainly from some large real estate companies, including 30 million from Hang Lung Real Estate, 20 million from Huanghe Industrial Company, and 30 million from New World Development Company."

He Jiahao looked through the report and said, "The stock market situation will get better and better. You need to increase your investment in the stocks of real estate companies, focusing on blue-chip real estate companies."

Due to the heavy investment in property and land in the early stage, the company does not have a lot of funds now, and the funds for investing in the stock market need to be raised slowly.

"Yes!" Tan Zhenzhen nodded and made several more suggestions, all of which were agreed by He Jiahao.

Next is Chen Yong, mainly focusing on the development of the housing estate next to Heng Fa Chuen MTR station and the residential area near Fanling. These two projects occupy most of Huamei Real Estate Company's energy in land development, and also consume the company's unsatisfied resources. Less funds, although there is a partial loan.

The first phase of the Xinghua Village residence will be sold in the first half of 2085. According to the original history, there will be a major incident second only to the riots. Therefore, He Jiahao reminded Chen Yong to take safety measures and even communicate with the police. Ask the police to maintain order so that if a riot occurs, the company's liability will not be too heavy.

Gao Ci reported on the situation of property bargain hunting. Huamei Real Estate Company has acquired a large number of industrial buildings in Kowloon Bay, as many as 20, consuming HK$180 million in funds. There are many other high-quality properties, which are also the company's largest proportion of bargain hunting. aspect.

Among the bargain-hunting properties, Ho Ka-ho's most valued property is a residential building in Tsim Sha Tsui, which has one floor of shops and one floor of a shopping mall, costing only HK$30 million. Two commercial buildings in Sheung Wan also have shopping malls, costing HK$80 million.

Although Huamei Real Estate Company had controlled the company's debt ratio and withdrawn nearly 1 billion in cash before the big crash in 1982, under the current consumption of bargain hunting, there is not much left.

Fortunately, the situation of Huamei Real Estate Company was very good before. Bank loans can generally be obtained as long as there is a mortgage.

He Jiahao plans to mortgage a batch of loans before September to buy property, land and the stock market to further strengthen Huamei Real Estate Company.