The rise of Hong Kong's wealthy families

February 4, 1978

The Spring Festival will be here in a few days, and Yun Zhimeng is busy making year-end summaries. According to last year, He Jiahao needs to pay 20% of the profits as year-end bonuses for employees. After careful calculation, he was surprised by the year-end bonus of more than 3 million yuan. Unfortunately, You can't break your promise and gain weight.

But one thing made him happy. The box office of "God of Gamblers" exceeded 26 million, becoming the box office champion of Hong Kong movies. Although the money will not be available until after the year, He Jiahao feels that he has already got the money.

Last year, the stock market was sluggish, with ups and downs, but the trend of acquisitions was very strong. This year was the year when the stock market rose sharply. Soon major companies released good news, and the Hang Seng Index soared directly to 700 points, an increase of 60%.

However, there were still several large-scale acquisitions in 1978, such as Jardine Matheson Company privatizing City Hotel at 40 yuan per share in May, Jardine Matheson Company acquiring Jardine Industrial in June, and Zhaoanlong Development Company announcing its acquisition in September. Medison Securities holds 70% of the shares. In December, Great Eagle Real Estate acquired King \u0026 Wood Mallesons, a subsidiary of Ruisheng Real Estate, for 7.5 yuan per share.

He Jiahao was a little confused about Jardine. In May, Wharf was still under the threat of Li Chaoren, but he used the money to acquire city hotels instead of ensuring that Wharf was safe.

Later, He Jiahao came to Manulife Development and checked some of last year's accounts. He found that Manulife Development had no income throughout the year and relied on the financial output of Yunzhimeng. However, it now has considerable property land, and the land area alone It has exceeded 200,000 square feet, and all residential buildings have been built. The profit of Manulife Development is no less than 500 million.

Today, Manulife Development still has a balance of nearly 10 million in its account, and it plans to continue to acquire land and build residential high-rise buildings. However, Ho Ka-Hao plans to use 5 million of the 10 million. The stock market was affected by January and has little upward trend. Now it is It's a good opportunity to get started.

Standard Chartered Bank Trading Room

Qian Jun had rarely had any free time in the past two days, so he was sitting there feeling sleepy.

"Qian Sheng, you've got some free time." He Jiahao teased Qian Jun as he approached, unable to hide the smile on his face.

Qian Jun woke up suddenly and saw He Jiahao. He licked his lips and said with a wry smile, "I've been busy with the Spring Festival these days. The stock market usually doesn't do anything. It's a rare free day in the year."

"Then don't be sleepy now, I have something for you to do." He Jiahao said with a smile, as long as Qian Jun does not affect his stock operations, he can do whatever he likes.

"He Sheng is preparing to attack the stock market again?" Qian Jun's eyes flashed. He Jiahao brought him a good commission income last year. In his eyes, He Jiahao was a real cash cow.

"Of course, by the way, I would like to remind Qian Sheng that there will be a bull market in the first half of the year. You can choose to buy red chip stocks. It is not a big problem to earn 10%." He Jiahao doesn't mind giving Qian Jun a helping hand. After all, the position of a stock trader can be big or small. He is also willing to let Qian Junneng pay more attention to his own stocks.

Hearing this, Qian Jun's eyes widened and he spat, "He Sheng, are you telling the truth? You didn't lie to me, did you?"

In fact, seeing Qian Jun's expression, it was obvious that he already believed it. Having been a trader for so many years, he was naturally aware of this, but he was just not sure.

He Jiahao did not answer, but just smiled, "Bring out the information about New World Development, Henderson Land, Yellow River Industrial, Hysan Industrial, and Hang Lung. I want to study it."

"Okay!" Qian Jun nodded. The question just now was indeed a bit over the line.

Huanghe Industrial, the stock has been hovering between 5 and 6 yuan, without any obvious upward trend, but He Jiahao knew that this was because Li Chaoren was good at controlling stock prices. Once the Wharf acquisition was discovered in March, he could not control it. , He Jiahao thinks it is very likely to exceed 16 yuan per share, but less than 20% of the stocks on the market are less than 3 million shares currently circulating.

He Jiahao frowned. Li Chaoren really had great ideas, and his holding power was at its peak. Even if the stock price soared, it would only be him and the company that would benefit the most, while others would just take a sip of soup.

It's just a short-term investment, just a little less, and He Jiahao is completely acceptable.

New World Development and Henderson are both slowly rising. They can be bought, but it will take a long time to get more than 30% of the profits. This is not suitable for the current He Jiahao, after all, the funds are limited.

Hysan Industrial is a very pure property rent collection company. Although the real estate market is picking up, the increase is not strong, and the current stock price has reached 8 yuan, which is really not an ideal investment project.

Hang Lung has acquired a lot of low-priced land in the past 75 years. Once good news comes out, the stock price will rise faster than Henderson and New World Development. Moreover, the stock price per share is only 3.8 yuan, so you can buy it.

"Here is a check of 5 million. Use ten times leverage to buy 15 million to buy Huanghe Industrial and 35 million to buy Hang Lung." He Jiahao thought for a long time before making up his mind.

"Okay." Qian Jun immediately ran out to cash the check.

He came back ten minutes later. Qian Jun said to He Jiahao while operating, "He Sheng, the purchase amount is a bit large and it will take three or four days. The 6th is already New Year's Eve and the stock market will be closed for 5 days. You can't buy it all until after the Spring Festival." .”

"Okay, Qian Sheng can buy it before late February." He Jiahao nodded and said.

After saying hello, he left Standard Chartered Bank.

The Spring Festival holiday came in a blink of an eye.

He Jiahao brought gifts to visit Zheng Yutong, Li Zhaoji and others. After all, he only knew these few people in Xiangjiang.

Chen Yulian and Zhong Chuchu both have families, so naturally they have to celebrate the New Year with their families, leaving He Jiahao alone.

There were only two Filipino maids and non-resting bodyguards in the villa. Looking at the bustle on the beach next door, He Jiahao couldn't help but feel sad.

Suddenly a volleyball rolled to He Jiahao's feet. He picked up the volleyball and looked around but saw no one claiming it, so he started playing by himself.

"Guess who I am?" A pair of small hands covered He Jiahao's eyes, and he spoke in a strange voice.

"I can't guess." The corners of He Jiahao's mouth raised slightly, and he smiled a little proudly. These little games can improve the fun.

"Hehehe, happy New Year!" Chen Yulian released her palm, snatched the volleyball from He Jiahao's hand, and said with a smile, "How about I play volleyball with you?"

He Jiahao held a smile on his lips and asked softly, "Don't you want to spend the New Year with your parents? Did you run away to find me?"

"Today is a day to visit relatives. I didn't want to go, so I came over to play with you." Chen Yulian said, with a trace of disappointment in her eyes.

Obviously, she doesn't like the traditional custom of visiting relatives, or someone may make things difficult for her.

"Okay, let's play volleyball together and take you shopping in Central later."

"Okay, you will be very 'happy' today." Chen Yulian suddenly changed her words.

Maybe what I said was inappropriate for the New Year holiday. After all, the people of Xiangjiang are a bit superstitious.