The rise of Hong Kong's wealthy families

In the end, He Jiahao decided to start with Gide Real Estate Company.

This is a small company with a market capitalization of around RMB 50 million. It mainly rents out properties. It currently owes RMB 35 million and has a debt ratio of over 70%. It is on the verge of bankruptcy. The only bright spot is a small 600-seat theater in Wan Chai. , other properties are scattered in various districts, most of which are shops.

Guo Jide, the chairman of Gide Real Estate Company, is a 63-year-old man. The ups and downs in the past few years have made him tired of shopping malls. He wants to sell Gide Real Estate Company in exchange for some cash and return to the New Territories for retirement.

He Jiahao thought about it carefully and said to Qin Haiming, "Go and contact the chairman of Gide Real Estate Company and tell him that I am interested in his company and want to ask him out for a talk."

"Big brother, these are companies on the verge of bankruptcy. Do you want to buy them and develop them? You may lose money." Qin Haiming said with some worry and excitement. The companies under the big brother are all developing well. If they fail here, It is possible to hit the big boss, and it will also have a great impact on Yun Zhimeng.

"You won't lose money. This is a business. It's not about developing bankrupt companies. I already have two real estate companies. Why do I want to acquire so many companies? Besides, which one was Huamei Real Estate and Manulife Development? It's not going to go bankrupt." He Jiahao said angrily, "After you make an appointment with Guo Jide, go find out about any well-developed companies that want to be listed."

I

"That's true. The big brother's ability is obvious to all, and he is not inferior to those tycoons at all." Qin Haiming shamelessly praised He Jiahao, "Then I will go and make an appointment with Guo Jide right away."

Looking at Qin Haiming's leaving figure, He Jiahao shook his head. It has been so long, but this guy's behavior has not changed.

There is a market for being a shell. Many companies want to go public, but are hindered by various conditions. Of course, being a shell is also risky. It can easily attract the attention of regulatory authorities and even lead to investigations for its companies.

So He Jiahao only reorganizes listed companies that are on the verge of bankruptcy and then sells them. As for other things, he only makes a few remarks.

This practice has been around for a long time, but the procedures are cumbersome, and the relevant departments don't like the listing of Chinese-owned companies. It's different now. Since 1972, various policies have been liberalized, and there are a lot of companies waiting to be listed.

Huo Jianning has been busy with the purchase of equipment for Qingzhou Ying Cement Company. Originally, the equipment was from Italy and was relatively cheap. However, thinking about the future problems of the company, He Jiahao still insisted on purchasing German products, which were more reliable after all.

Moreover, Qingzhou Yingni Company has more than 10 million in cash on its account, which is enough to pay for the equipment.

Now that the equipment has been put into use, the production capacity is more than twice that of the original equipment. It has gradually occupied a lot of market share, reaching 47%, and it is still rising.

"Boss, real estate has been rising. Qingzhou Ying Cement Company's cement sales are very good. This year's profit is likely to exceed 10 million. However, the Kane family has always suggested the development of Hung Hom land. Their intended company is Yellow River Industrial." Huo Jianning's face was gloomy. said.

Since last year, Huanghe Industrial Company has emerged in Hong Kong, and with the reserve land in Tin Shui Wai and other areas, it has become a major Chinese-owned enterprise in Hong Kong. While developing its own land, it has also set its sights on the land of other companies, hoping to share it. Get a piece of the pie.

He Jiahao still felt a little surprised that he had set his sights on Qingzhou Yingni so quickly.

"Don't worry about the Kane family. Our 53.4% ​​equity is enough to control everything in Qingzhou Yingni. Huanghe Industrial went to the Kane family instead of us. It is obvious that it underestimates the development of our Manulife." He Jiahao sneered, "Next year He knows that we are not easy to mess with. Although we can't steal the target company of Huanghe Industrial, it is not difficult to bite a piece of meat."

"Well, we hold 4% of the equity of Wharf Company. We will buy a few million more shares to reach 10%. Even Jardine will not dare to look down on us." Huo Jianning's face softened a little. The boss didn't take Huang He too seriously. With the industry in his sights, he will naturally look to the boss. He has enough capital and doesn't need to be afraid of anyone.

He Jiahao narrowed his eyes. It is now mid-to-late May, and the Wharf War is still going on. At this time, Li Jiacheng should consider changing his acquisition target. After all, he has insufficient funds and cannot be as heroic as the shipping king Bao Yugang. Now he is just He was holding on, waiting for Yihe to reveal a flaw.

He actually had the intention to get on top of me. This Superman Li really stretched his hand too far.

He thought for a moment, but found no place to attack Li Jiacheng. If he tried hard, he would only "kill one thousand enemies and lose eight hundred to himself."

The profits from the 800,000 square feet of land are impressive. Hepu International's Whampoa Dockyard is right next to Hung Hom. If the two pieces of land are jointly developed, it will be equivalent to building half a new town.

Thinking of this, He Jiahao guessed that Li Jiacheng was ready to abandon Wharf and target Hepu International, so it was time for him to lay a surprise for Li Jiacheng.

"Just bear with it for now. The Yellow River Industry is strong, but we are still too weak." He Jiahao sighed helplessly.

"Boss, are you planning to acquire listed companies on a large scale recently?" Huo Jianning asked, changing the subject.

Because he was too busy, he didn't even hear it mentioned by He Jiahao. He thought this plan was very bad. Large companies like Hepu International were overwhelmed by a large number of subsidiaries, let alone small companies like Manulife Development and Huamei Real Estate. .

"It's not really an acquisition. It's reorganized and then sold."

"Backdoor listing? If this business is not done well, it may cause trouble." Huo Jianning frowned. The group of people in the Economics Department are not vegetarians and may even involve other businesses.

He Jiahao smiled and said, "I'm just reorganizing the company. If I have high-quality properties, I will sell them to Huamei Real Estate or Manulife Development. When the time comes, I will sell the shares to others. The rest is none of my business."

He is only responsible for 'raising the shell' and 'selling the shell'. As for injecting capital, raising the stock price, etc., it is the matter of the securities company and the buyer. After all, how much work he does, how much he gets paid.

Huo Jianning breathed a sigh of relief when he heard that his boss had no plans to do a 'shell' business. "Huamei Real Estate lacks large-scale rent-collecting properties. Acquiring listed companies to enrich Huamei Real Estate is a good way, but the amount of funds involved is relatively large."

"Well, it's enough to have a capital of 30 million. One round trip can earn the funds for the next acquisition. Most of the funds for the Xinghua Village real estate project have been withdrawn. I plan to borrow them first and pay them back in three or four months. "He Jiahao told his plan.

Real estate is booming and properties are becoming increasingly difficult to acquire, so this is the only way to expand.

You may also get a lot of real estate for free.

"Well, should I stop acquiring properties? There are very few high-quality properties on the market, and you basically have to pay a 30% premium to buy them. This is very detrimental to the development of the company." Huo Jianning said with some worry.

All real estate developers are searching for high-quality properties, causing properties to rise faster than land.

"Then stop, but we need to increase our efforts on land. We must have enough land reserves."

"yes!"

Including the land in Hung Hom, Ho's reserves can reach more than 1 million square feet, which is not even a fraction of the millions of square feet owned by the Five Tigers.