The rise of Hong Kong's wealthy families
Chapter 43 A Nest of Snakes and Rats
After a week of negotiations, Golden Harvest was willing to buy out the overseas distribution rights of "Autumn Fairy Tale" and "The Legend of the Dragon" for 9 million. However, Shaw Brothers was outrageous and was only willing to pay 6 million. This statement made He Jiahao dumbfounded.
In He Jiahao's view, even if Shaw Brothers were defeated by Jiahe, they were still unwilling to let go of their so-called face, and even acted out the hegemonic habits they had developed before.
If such theater chains don’t close down, who will?
Regarding Shaw Brothers, Ho's first impression is that he is stingy, his second impression is that of hegemony, and his third impression is that he is the nemesis of artists.
These are three of the reasons why Shaw Cinemas was leased to Debau.
He Jiahao is also very interested in the rental of Shaw Brothers Cinemas, but Uncle Shao will definitely speak loudly, so he is not so determined to win the Shaw Brothers Cinemas. Anyway, Princess Golden has not developed yet and still needs the help of the film company.
While he was thinking about these things, Huo Jianning and Lee Shengluo came together, and it seemed that they had something important to do.
Seeing their gloomy expressions, He Jiahao also frowned, "What happened? We need both of you to come together."
"Boss, He Liansheng and Huang Yulang have opened a real estate company. They have been targeting the acquisition business of Weili Real Estate. They will have a hand in whatever Weili Real Estate wants to acquire to make the price soar. If this continues, we will There will be a shortage of funds." Huo Jianning simply explained the problems encountered.
"With such an acquisition, they should be short of funds soon. How can we be short of funds?" He Jiahao believes that all acquisitions have a target amount because funds are limited.
"When they buy a piece of land, they take a mortgage from the bank, and the mortgage is 80%, so that their funds can be used for a long time. If this continues, it will be difficult for us to receive a piece of land." Huo Jianning said in a deep voice.
"Those bastards also threatened the citizens and asked them to sell their land to them at a low price." Li Shengluo added, hitting the sofa with his fist, his face full of anger.
I don’t know if it’s because he lost face or because he and Liansheng used dirty tricks.
"This is indeed a good method. Using loans to support loans can expand the land as much as possible." He Jiahao had to express his admiration.
In his previous life, Chen Songqing used this method to turn Jianing Group into a large company with a market value of billions in just three or four years. If it were not for the negotiations on the ownership of Xiangjiang, which caused a wave of immigrants and caused a sharp decline in real estate prices, Chen Songqing would Song Qing may really succeed.
The only way now is to block their source of funds, but it is their capital chain that makes them so arrogant.
"How about the land exchange rights letter?" He Jiahao asked.
"They are quite disciplined in this area. They don't dare to bid at will, so they can't affect us." Huo Jianning replied.
This is the interest of many real estate developers. Anyone who raises the price is the enemy of real estate developers.
Everyone is here to get cheap land, but you are here to compete maliciously. If the price of the land exchange rights letter increases, then the real estate developers will not kill this group of people.
"Li Sheng, how about the land reclamation where your club is located?" He Jiahao looked at Li Shengluo again and asked.
Li Shengluo looked embarrassed and said dejectedly, "It's not very ideal. Some villagers are not very cooperative, and we can't use the previous method. We have already collected 80,000 square feet in Tuen Mun, and more than 50,000 square feet in Kowloon Tong. As for Qu Yu It’s even less, just over 30,000 square feet.”
He Jiahao was silent for a long time, and then said in a deep voice, "Li Sheng, we pretend to launch a large-scale attack on Yau Ma Tei and Mong Kok, and then negotiate with several sellers at the same time. We will step in wherever there is competition, but the price we offer cannot be too high." High, it needs to be about one thousandth higher than the highest price.”
This is my normal bidding. If you dare to bid maliciously, let’s see if others don’t attack you.
"What does He Sheng mean by letting others deal with He Lian Sheng?" Li Shengluo's expression softened a little.
Huo Jianning looked as if he suddenly realized that this was indeed a good strategy.
"Yes, but we still have to put some thought into Tuen Mun, Sha Tin, and Tsuen Wan. The residential land in these three areas are our targets. As for Mong Kok, we will take it if we can, and give up decisively if we can't." Ho Jiahao saw Li Shengluo. The hesitant look on Li Shengluo's face revealed Li Shengluo's concerns, "Sheng Li, as long as you have money, you can win several commercial buildings in Central, let alone those places in Mong Kok."
Li Shengluo's pupils dilated slightly and said with a smile, "What He Sheng said is that our original purpose is to make money."
"Li Sheng, I just acquired a construction company. If Welfare Real Estate needs it, I can first let the construction company carry out the Welfare Real Estate project." He Jiahao said in a negotiating tone.
On the surface, Weili Real Estate Company is a cooperative company, but in fact it is a company with Lee Saint-Roy as the core. He Jiahao only controls one important department, the finance department, and Lee Saint-Roy has the most power in other departments.
"What does He Sheng mean by developing land on a large scale?" Li Shengluo frowned, seemingly unwilling.
He Jiahao was not dissatisfied at all, but said with relief, "The business world pays attention to 'goods rotate' and capital circulation. If you hold on to these pieces of land, it will be difficult for low-profit real estate to develop and grow. Of course, it will also have an impact on me.
Li Sheng, with all due respect, you don't have enough funds to engage in property rent collection. Although the land value is increasing, funds are limited. Only development can get more land. "
Li Shengluo thought about it carefully and sighed, "Okay, let's develop the land as He Sheng said."
Ho Ka-Hao is not afraid of Li Shengluo’s continued opposition, because he owns half of the land that was originally agreed upon.
After discussing some more details, Li Shengluo said goodbye and left.
"Boss, do you want to change our acquisition direction?" Huo Jianning was sure that Li Shengluo was gone, and then asked He Jiahao.
Ho Jiahao said with a smile, "Of course we have to change. If He Lian Sheng is targeting us, then we should leave those places. Our current land acquisition areas have become Tai Po, Fanling, and Yuen Long. Residential land near the seaside are our targets."
"Boss, none of these places have been developed, and the government has not announced the establishment of new towns." Huo Jianning didn't understand why.
"When the government announces it, we will have no chance. These are all the news I bought at a huge price." He Jiahao looked at Huo Jianning with a smile and said.
"Okay, I'll do it right away."
"No, you arrange a few trustworthy people to do it, and you continue to acquire the original places."
"The boss is afraid that they will follow us. Okay, then I will make arrangements."
Looking at Huo Jianning's leaving figure, He Jiahao laughed silently. This was his BUG. If he were not short of money, he could be like Li Chaoren and acquire a million square feet of land and wait for the appreciation in value to be developed.
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