The rise of Hong Kong's wealthy families

I heard in my previous life that Zheng Yutong liked ‘hoeing big cocks’ very much and often stayed up all night to work on big cocks. He Jiahao finally knew that this was not made up by entertainment reporters, it was true.

He also couldn't figure out how the older Zheng Yutong could get so much energy, stay up all night hoeing, and be so addicted.

After eating rice rolls in the morning, He Jiahao went home to sleep.

It wasn't until 2:30 in the afternoon that he was awakened by the noise downstairs, including the sound of police cars.

He Jiahao was very angry when he got up. He hurried to the window and looked down. He saw several police officers not far away and many citizens were watching.

At this time, he remembered that there seemed to be a gold shop in that bunk, owned by Chow Sang Sang, and it seemed that it had also been stolen.

He Jiahao suddenly woke up. Hong Kong during this period was very turbulent. There were not only Vietnamese refugees, but also mainland thieves, and firearms were rampant.

After watching for a long time, He Jiahao could no longer sleep, so he could only inform Long Jun to bring someone over to pick him up and go to Manulife for development.

Although the journey is not far, I am still a little scared, and the bodyguard is to protect the employer.

Manulife Development Corporation Office

He Jiahao has developed the habit of reading newspaper news. This is not the era of information explosion in the previous life, and news sources can only be disseminated through paper media.

The headline on the front page of the Oriental Daily is 'Chow Sang Sang's Causeway Bay Gold Shop and North Point Gold Shop were robbed last night, with an estimated loss of 2 million'.

He carefully read the several thousand-word report and robbed 2 million in one night. However, this is a hugely profitable industry, and most real estate developers do not have this ability.

No wonder Zheng Yutong was worried and helpless.

If He Jiahao opened a gold shop, he might not dare to fight openly with those thieves. After all, others were hiding, and he wouldn't be able to withstand a bomb if it came.

Next, we read the news about the movie "God of Gamblers", which is nothing more than an analysis of why it is so popular. The box office has reached more than 11 million, and may exceed 30 million.

Ho Ka-Hao knows that "God of Gamblers" has been released for nearly one-third of the time, and since the middle and later stages are not as fresh as the early stages, it is unlikely that the box office will exceed 20 million in the middle and later stages.

The total box office should be around 2,500, but Yun Zhimeng can only get more than 8 million, which is too little, so He Jiahao plans to open his own theater chain, so that the revenue can reach 75%, and he can get a few million more, or even Tens of millions.

Turning over the page, He Jiahao's pupils suddenly dilated, "China Entertainment Real Estate Company, a subsidiary of Chinese Real Estate?"

After reading slowly, he discovered that China Entertainment Real Estate Company had not been acquired by Chinese Real Estate Company.

China Entertainment Real Estate Company is a purely rent-collecting listed company that owns tens of millions of properties and the Entertainment Building in Central. It is a building built in 1963 with a small site area of ​​only 5,800 square feet.

Entertainment House was the location of the first-generation Heung Kong Club. In 1928, the entire building, together with the "Contrast Theater" behind it, was demolished and rebuilt into the first-generation "Entertainment Theater" with air-conditioning in 1931. There was a dance hall on the building. and 'Jinghua Restaurant', built in 1963 as a second-generation new entertainment restaurant.

Although the entertainment mall occupies a small area, it has an excellent location. It is on Queen's Road, only a hundred meters away from the Landmark. It is currently worth more than 100 million.

In its previous life, it was rebuilt in 1987 and built a 32-story building with a property area of ​​more than 150,000 square feet. The ground floor is a fashionable hotel, a Western restaurant and a Chinese restaurant, and the upper floor is an office building. In 1993, it was sold to the gambling king Sita for 8 billion.

This is a quality real estate company.

He Jiahao slowly put down the newspaper and began to think deeply.

China Entertainment Real Estate has a net worth of about 200 million and a market value of 140 million. If you want to control China Entertainment Real Estate, you will probably have to pay at least 70 million, and we don’t know if there are any potential rivals, such as Chinese Real Estate.

Even if we raise funds from Huamei Real Estate Company, Manulife Development, Yunzhimeng, and Luotu Apparel, we may not be able to raise this amount.

If it is a loan for an acquisition, He Jiahao is worried that it will affect the subsequent acquisition of Qingzhou Ying Cement Company. In any case, the 800,000 square feet of land in Hung Hom is more valuable than the Central Entertainment District. The profit alone is tens of billions. Entertainment I don’t know how many years of rent I will charge.

However, the building in Central is enough to make Ho Ka-ho covet it, but he doesn’t know when Chinese Real Estate will start to acquire it. The duck in the mouth may be about to fly.

"Just wait a little longer, until May, China Entertainment Real Estate Company will be mine." He Jiahao said softly.

Now it holds about 8.5% of the equity of Wharf Company, and half of it will be retained in May. Even at the price of 46 yuan, it can bring back about 100 million. The China Entertainment acquisition case used 70% of the funds.

Next, if you use leverage to buy the Hang Seng Index, you can earn at least 40% of the money, which is 100 million, and you can withdraw close to 200 million in funds.

So, He Jiahao called Qian Jun again and asked him to pay close attention to the stock of China Entertainment Real Estate Company and call him immediately if there was any change. He found it very troublesome to wait until 1986 to compete with Liu Luanxiong.

Compared with the constant acquisitions by major consortiums in 1976 and 1977, Hong Kong was a relatively quiet year in 1978. Apart from the first acquisition of Wharf, there were only five large-scale acquisitions left, among which Jardine Matheson Company It accounts for three of them, and the city hotel acquisition is the largest.

He Jiahao has already planned to give some opportunities to Huamei Real Estate Company to strengthen the company's strength.

He can also release good news, which will help raise funds for the rights issue at the end of the year. He can also cash out part of his stock to alleviate the current predicament.

After thinking about it, He Jiahao threw himself into handling the affairs.

Manulife Development recently acquired nearly 6 pieces of land from Weili Real Estate, located in Kowloon Tong, Tuen Mun, Shatin, North Point, and Quarry Bay. The best piece of land is a piece of Yunjing Road near the first phase of Fu Chak Garden in North Point. 19,000 square feet of residential land.

A building has been built on the residential land in Xinghua Village, but the decoration has not yet been completed. The sales period will begin in March and April. It is expected that the capital will be around 30 million, and the profit will be between 15 million and 18 million. It is not as profitable as movies. few.

This was beyond He Jiahao's expectation, two or three months earlier.

Millennium Construction Company can only build two sites at the same time, and has no experience in building buildings above 20 floors. This gave He Jiahao the idea of ​​​​continuing to acquire a listed construction company. After all, Manulife Development and Huamei Real Estate own more and more land. It is necessary to complete construction and sales before 1982, collect more funds, and acquire more cheap property land from 1982 to 1984.

In this era of rapid development, for businessmen, mergers and acquisitions are the best shortcut to growing a company.

If we try to develop a company by force, I'm afraid it won't take more than five years to develop a good framework and talent echelon.

When acquiring a company, these resources are readily available. As long as you inject a little capital, you can get a well-run company, which is much easier than building it yourself.

For He Jiahao, Liu Luanxiong and others, there is no such thing as five years. Once they miss the opportunity, they will regret it.