The rise of Hong Kong's wealthy families

Huamei Real Estate Company's stock had risen to 1.2 yuan per share in early December, with a market value of only 120 million, nearly double the actual asset value, which made He Jiahao very satisfied.

But this is also expected. After all, Huamei Real Estate's stock has risen much higher than before not long after it got rid of its serious debt situation.

At this time, He Jiahao held a board meeting to discuss stimulating the rise of the stock.

At this time, all the directors were still immersed in the joy of the company's transition from poor performance to good performance, and did not consider how to make the company continue to improve.

He Jiahao glanced around the directors and said slowly, "As you all know, the company's market value today is 120 million, which is far undervalued. If you want to develop the company, you must release good news. If you have any suggestions, please tell me. .”

Everyone lowered their heads and thought about what suggestions they could make.

"I think we can wait for real estate to pick up, and the company's stock will naturally rise sharply." Li Zhanhua said with a serious face.

He Jiahao sneered and said, "Well, Director Li, tell me the exact time when real estate will pick up, or a small time range."

"Chairman He, I'm not a god, how can I know the exact time." Li Zhanhua came back with a bit of pride on his face, "Can Chairman He predict the time of recovery?"

"Who has any suggestions?" He Jiahao chose to ignore them. He already holds 68% of the shares. He was just trying to show you respect by discussing with you.

Li Zhanhua was furious, but he had nothing to do with He Jiahao and could only sulk on his own.

The other directors looked at each other in confusion, unable to make a single suggestion.

"I have a suggestion. My subsidiary Manulife Development Company has two high-quality sites in Quarry Bay and Sai Wan Ho. It plans to issue 10 million new shares at a price of 8 million in exchange for these two sites. With the land, we can If construction starts immediately, the stock price will definitely rise accordingly.”

After speaking, an assistant sent the information on the two pieces of land to the directors.

A director asked, "Now that these two pieces of land have been acquired, where will the company's development funds come from?"

"There are two options. The first is to cooperate with Manulife Development Company for development, and the second is to get a bank loan. Don't worry, the real estate market will be better next year. This is our opportunity and we cannot miss it."

Under Li Zhanhua's instigation, many shareholders hope to take bank loans. It is obvious that they do not want to be completely led by Manulife Development Company.

He Jiahao sneered and rejected their opinions with one vote. He tried his best to develop Huamei Real Estate, not for these shareholders. Now that Manulife has given up the benefits, it will naturally take back some benefits. It is delusional to want to do this in front of the controlling shareholders. .

In this regard, all the directors looked at each other. He Jiahao respected them and made them forget the fact that He Jiahao controlled the company.

Back in the office, He Jiahao crossed his hands on the desktop. Sitting opposite him were director Gao Ci and director Chen Yong. The former was responsible for the company's property leasing, management, and acquisition, while the latter was responsible for land acquisition, development and advertising, and was also the last. First seek refuge with Ho Ka-ho's director.

"Boss, do you need to clean up the board of directors?" Gao Ci, a crew-cut man, asked expressionlessly.

Chen Yong knew that he could not lag behind, and agreed, "Some directors are talking nonsense, which has affected the stability of the board of directors. I think it should be cleaned up."

Regarding the two people's expression of loyalty, He Jiahao smiled and said, "No, they can't make waves, but they can't interfere in the company's affairs, that's for sure. Okay, let's talk about property and land acquisition and development. Gao Ci , you come first.”

"Okay, boss. The Anqing Building in Causeway Bay has completed more than 95% of the occupancy rate. The monthly rental income is about 1.1 million. The offices in Central are all rented out with a rent of 130,000 per month. The total monthly rent is about 1.37 million." Gao Ci After talking about all the properties, there was a smile on his face.

Then, He Jiahao signaled Chen Yong to start.

"Boss, we only have Ngau Tau Kok land on hand now. We have developed an industrial building with a floor area of ​​17,000 square feet. It is expected to be built with 12 floors. It will be completed in April next year and will be handed over to Director Gao for leasing in June. I have also found Many residential and industrial lands in good locations can be acquired immediately as long as the funds are available." Chen Yonghui reported.

"Director Gao, you discuss with Director Huo to set aside funds for the company's operations, and all other funds will be controlled by Director Chen. Director Chen, the funds will be used to acquire the land. If you can't get it, you can join forces with Manulife and work together to get it. and then develop it quickly." He Jiahao pondered for a moment and said, "The real estate recovery has been confirmed, we must seize the time as much as possible and withdraw funds as soon as possible."

"Yes!" they both responded in unison.

After the two left, He Jiahao was thinking about the development of Hong Kong's industry in his previous life.

He remembered that when the liberalization policy in the north was decided at the end of 1978, many factories took the lead in building factories in Shenhai City. However, the rents of industrial buildings in Xiangjiang continued to rise. It was not until the Sino-British negotiations in 1982 that the industrial buildings plummeted. Two years later It was not until 1984 that restoration began. It was not until the late 1980s that the industrial buildings in Xiangjiang became cargo storage warehouses.

In this way, Ho Ka-Hao initially planned to sell all the industrial buildings before the stock market crash at the end of 1981.

The development of Huamei Real Estate is very slow, mainly due to a serious lack of funds and not many sources of funds. It can only rely on Manulife blood transfusions to speed up development. As for the fund-raising and rights issue, it can only be successful when the market is very good. However, according to the strategy of ten shares for one share, it is only more than 10 million, which is not very effective.

“It’s better to use Manulife to reserve land first and then transfer it to Huamei Real Estate.”

He Jiahao felt powerless. The growth of Huamei Real Estate could only be achieved step by step, and he seemed to be in no hurry at all.

According to his plan, Huamei Real Estate Company will be the flagship rent-collecting company, and Manulife Development will become an unlisted group that controls all its listed companies.

It is now early January 1978, and there is still some time before March. By April or May, Ho will withdraw a large amount of funds and allocate tens of millions to develop Manulife without any problems.

A few hours later, He Jiahao came to the Peninsula Hotel and made an appointment with Huo Zhenting and Zhu Lingling.

Because "God of Gamblers" did well at the box office, the two of them came over to express their gratitude.

"Huo Sheng, Miss Zhu, I'm sorry, I'm late." He Jiahao saw the two people sitting together and greeted them with a smile.

"No, it's because we arrived early." Huo Zhenting said politely.

"Hello, He Sheng!" Zhu Lingling looked at He Jiahao, a peer of his own age. How could he be so powerful and start from scratch at the age of twenty?

"Hello, Miss Zhu. Miss Zhu is indeed the most photogenic Hong Kong sister. The real person is no worse than the photos." He Jiahao complimented. After all, this woman is also Huo Zhenting's true love.

"He Sheng won the prize." Zhu Lingling was still a little shy, obviously not used to this kind of scene.