The rise of Hong Kong's wealthy families
Chapter 79 Travel to Guangzhou 2
Kwong Sang Hong is a company engaged in cosmetics and property investment. It was listed on the Hong Kong Stock Exchange in 1941. It is now managed by the descendants of founder Feng Futian, with a shareholding of about 26%. Nowadays, huge sums of money are spent to build Tower 4 of Kwong Sang Hong Building ABCD on Wan Chai Road, Ker Street and Hennessy Road in Wan Chai. It is a private housing estate with 367 units and is planned to be completed and sold in 1980.
At the same time, Kwong Sang Hong owns a large number of properties in Causeway Bay and Heung Kong Tsai, with an asset value of more than 400 million, but its market value is relatively low, only 220 million.
Once the Wan Chai residential building is completed and sold, the asset value of Kwong Sang Bank will reach 600-700 million. This makes Ho Jiahao excited and he can't wait to own this company immediately.
Little did he know that Li Chaoren acquired Kwong Sang Bank in 1983 and gave up only after the privatization plan failed.
The scale of Kwong Sang Bank is not very large, but the total share capital is as high as 300 million shares, and the price per share is 0.73 yuan. If he wants to fully control Kwong Sang Bank, He Jiahao must pay more than 100 million yuan.
"Boss, although the acquisition of Guang Sang Hong International Co., Ltd. is very cost-effective, the risk is greater than any other company in the past. Manulife Development and Yunzhimeng can withdraw about 40 million in funds. Add the 76 million, which is 116 million Wan, it seems that the problem is not big, but if something unexpected happens, it will be difficult for us to raise funds in a short time." Huo Jianning analyzed from the side.
Ho Jiahao still wants to eat this piece of fat. Although the amount of funds used is large, the return is also very generous. As long as the Wan Chai residential building is sold, the capital will be recovered in minutes.
"Let's buy slowly and secretly first. You won't be able to do it by force." He Jiahao said with a long breath. He finally found a treasure, but found that the treasure was buried deep underground. He had to dig it out slowly. Isn't this torture?
Huo Jianning nodded. 76 million is enough for acquisition for a while. As long as it does not affect the operation of all companies, he generally has no objection. What's more, he knows that except Yunzhimeng, other companies are acquired.
"Recently, I have allocated some funds to acquire the stocks of Hepu International and Wharf." He Jiahao thought for a while and decided to fight on multiple fronts. He could not just give up the benefits he saw.
When the news of the private transaction between Li Jiacheng and HSBC is released in advance, there will be no big problem for Hepu International's stock price to rise by 50%.
"Hepu International? The boss's plan is to invest in Hepu International?" Huo Jianning asked doubtfully. He didn't think the boss would acquire a behemoth like Hepu International.
He Jiahao pondered for a moment and said, "I heard that Li Ka-shing and Shen Bi, the chief executive of HSBC Bank, are discussing the purchase of Hepu International shares, so I want to take a bite out of him."
Huo Jianning's eyes widened and he said in surprise, "Boss, are you sure?"
Acquisitions of British-funded companies are not uncommon. However, Hepu International is one of the four largest foreign banks in Hong Kong, with a market value of several billion, while Huanghe Industrial is only 700-800 million. If it wants to swallow up Hepu International, which is 8 or 9 times its size, this will Won't you choke to death?
"Well, the news is very reliable. They are still discussing it now. There should be no results in a short time. However, we need to ambush in advance, otherwise we won't even be able to drink a sip of soup." He Jiahao said expressionlessly.
At this time, Li Jiacheng was probably still worried about the Wharf matter, and what he was discussing with HSBC was probably the loan. He had no time to pay attention to Hepu International. However, He Jiahao knew that this matter could not be verified. Should he ask Shen Bi and Li Jiacheng? Asked, do you believe what they said?
As long as He Jiahao said it, coupled with Li Jiacheng's actions, it was really impossible to argue.
"Boss, can you leave the affairs of Hepu International to me?" Huo Jianning looked at He Jiahao excitedly and asked. He only completed half of the acquisition of Qingzhou Ying Cement Company last time, so now he wants to handle this project alone. .
"Okay, I have already mentioned it to Hepu International's chief executive, Weilis. You can be bolder when it comes to acquiring stocks, but don't be too showy, otherwise it will attract the attention of HSBC." He Jiahao reminded.
Huo Jianning was even more excited now. Isn't this fighting with open fire? He felt that this would be a huge profit, much larger than the Qingzhou Yingni acquisition, and it could also stab the real estate tycoon in the back.
It was the first time that He Jiahao saw Huo Jianning so excited. It seemed that the working emperor also had great ambitions.
The current Wharf is still in a stalemate. It has fallen back to 46 yuan, but it has stabilized. This is not a suitable starting price.
HSBC agreed to Li Jiacheng's loan and also made the Jardine loan successful. This is a bit funny. A bank supports two people in a fight. No matter which one wins, HSBC will not get huge benefits because it has to bear the loss. part of the loss.
It will stop next month!
He Jiahao murmured in his heart that once the news of the end of the war came out, it would be time for Wharf to plunge into the market.
Money is still not enough. Both Wharf and Hepu International need hundreds of millions of funds.
diamond head set
Ho Jiahao came to visit Zhong Chuchu and inspect the new movie "Ghost Fighting" produced by Garbo Pictures.
He knows that this movie combines martial arts, comedy, and supernatural beings. Although the box office will not be very high, it is the beginning of Xiangjiang's fantasy films, and Zhong Chuchu only plays a small role in it.
Ho Ka-Hao doesn't really care about whether he makes money or not. There are relatively few movies with a box office of over 10 million, and most of them are in the millions. Otherwise, last year's "Fa Qian Han" shot by Yu Yusen would have been ranked among the top three.
"Why are you here?" Zhong Chuchu was sitting on a chair in ancient costume and turned to look at He Jiahao and said.
He Jiahao pursed his lips and smiled, "I am also the boss of Garbo, why can't I come and take a look? I don't want the movie to be poorly made."
"He Sheng!" Hong Xinbao suddenly walked over, followed by a group of people.
"Hong Sheng, I heard that there has been a lot of chaos recently. I came here to get some advice." He Jiahao said jokingly.
"No, I just made two movies that didn't make a loss." Hong Xinbao said with a bitter smile. In front of Ho Jiahao, he really didn't dare to boast. After all, each of Yun Zhimeng's movies cost more than 20 million. He pointed to the one next to him. A young man who looked like a Taoist priest introduced, "This is Lin Zhengying. I want to make a movie recently. I wonder if He Sheng can invest some funds?"
At this time, He Jiahao discovered that Lin Zhengying was not the "Uncle Ying" in his previous life, a super director who made zombie movies, "Hello, Lin Sheng, I wonder what type of movie Lin Sheng wants to make?"
"Action type." Lin Zhengying quickly shook He Jiahao's hand and replied with some surprise.
He Jiahao shook his head, "I don't think Lin Sheng is suitable for action movies. I have a new-themed movie that I think is very suitable for Lin Sheng. The box office should be more than 15 million."
Everyone else was planning to make an action movie, so Ho Ka-ho naturally had to frighten Lam Ching-ying first. There are only a handful of movies with a box office of 15 million, so which filmmaker wouldn't be tempted.
Everyone present was shocked, and their eyes were on He Jiahao and Lin Zhengying. Why did He Jiahao fall in love with Lin Zhengying from the very beginning?
No one doubts that what Ho Ka-Hao said is false, because Ho Ka-Hao has achieved impressive results in every movie. There is no need to deceive a stranger. How can he not find a director to make movies?
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