The rise of Hong Kong's wealthy families
Chapter 184 Sham Shui Po
mid-october
The Iran-Iraq War has been going on for more than half a month, and the price of oil has soared rapidly, from US$24/barrel to US$30/barrel. The key is that the increase is still very strong. It is no problem to rise to US$39 in early 1981 like in the previous life.
By 1981, He Jiahao was able to earn US$500-600 million from oil investment. He planned to pay off all the loans from HSBC and continue investing the remaining money in American high-tech stocks to make a fortune before 1984.
Faced with such a favorable situation, He Jiahao leaned back in his chair and raised the corners of his mouth unconsciously. He was about to get rid of the dilemma of the debt king and become a real rich man.
He Jiahao owns many companies, but his personal cash is really pitiful. If he wants to come up with 50 million now, he will definitely have to piece it together. Although the money from Manulife Development and Yunzhimeng belongs to him, these two companies need For turnover and small-scale expansion, he will not use the funds on the account without authorization.
A few days ago, He Tian also sent news that he had decided to sell 15% of the shares of Heng Chong Bank to Hutchison. He Jiahao immediately sent Huo Jianning to Heng Chong Bank to sign a contract, promising to settle the payment within three months, and the interest would also be paid according to the Bank interest payments will also transfer part of HSBC's business to Hang Seng Bank. This batch of business is also worth 300-400 million.
During this period, Qin Haiming and Liu Luanxiong launched the acquisition of Paramount Company. Chen Songqing was also unambiguous and directly announced a counter-takeover. For a time, many investors pounced on the shares of Paramount Company, and the stock price soared by 30% within 24 hours. %.
Liu Luanxiong was naturally not satisfied with such a small profit, so he raised the acquisition price, forcing Chen Songqing to keep up.
At this time, He Jiahao felt the charm of the "sniper" in the hearts of investors. He was leading a group of people to make money. Of course, some people lost money. In any case, on the surface, the stock price had risen a lot.
He could feel Chen Songqing's discomfort. He believed that Liu Luanxiong could not acquire Paramount, and he did not dare to take the risk. If the acquisition was successful, it would become a joke in Xiangjiang. Nowadays, stock investors are very smart. They hold the stocks in their hands and wait. The stock price rose sharply, but Chen Songqing had money but could not buy the shares.
"No wonder Liu released the news about sniping the Bank of East Asia in his previous life, which frightened the Feng and Li families and quickly found foreign aid. Liu is really a terrible person, and his title of stock market killer is indeed worthy of his name." He Jiahao sighed.
Dagu Real Estate, which was sniped twice by Liu Luanxiong, also ushered in a change of ownership. Shen Dingqian, sent by He Jiahao, successfully assisted Gu Zebei in gaining control of the Gu family company, suppressing his uncle Gu Jinqi, and was cleaning up. After Time takes complete control of the family company, the cooperation between Manulife Development and Dagu Real Estate Company will officially begin.
The strange thing is that Gu Jinqi seems to have accepted his fate. No matter how much trouble his son Gu Zesu makes, he does not want to contact family members and take back control of the company. Instead, he hides in the villa all day with his potted plants. This He Jiahao was surprised and couldn't help but suspect that Gu Jinqi was holding back a big move.
For shopping mall tycoons, their fifties are the golden age, a critical time to expand their business territory, and it is impossible to live quietly.
However, He Jiahao thought about it for a moment, but he didn't care much. This was just a casual move. Whether it succeeded or not did not affect the overall situation. It was Gu Zebei who should be keeping an eye on Gu Jinqi.
"Beep!!" There was a knock on the door.
He Jiahao looked up and saw that it was Chen Yong, "Come in."
"Boss, there is news from the MTR Corporation: Two subway station superstructure projects will be launched in January next year, including the Murray Road project in Central and the Sham Shui Po subway station superstructure project. Do we need to participate?" Chen Yong asked.
Ho remembers that in his previous life in 1981, Hang Lung formed three consortiums and took over 9 subway station construction projects. Among them, the Admiralty Section 2 subway station construction project was the most famous, and later the Financial Plaza was built.
It's not yet the peak of the city, but it's already in a simmering state. If you win one of these projects, you can make a fortune.
"Can the funds on the company's account support this bid?" He Jiahao asked, touching his chin.
Chen Yong shook his head and said, "There is only more than 90 million in cash on the account, which is not enough to support it. However, once we win the bid, we can borrow 90% from banks. Many banks should be willing to borrow money."
"It is still necessary to unite other companies to form a new company to bid. The city may collapse at any time. Let's be more cautious." He Jiahao made a decision.
"Yes! I will contact other powerful companies immediately." Chen Yong nodded and said.
After He Jiahao gave a few instructions, Chen Yong left the office.
It is already the last quarter of 1980, and 1981 is about to come. This is the last crazy moment. Industrial land has been wiped out. All real estate developers and speculators have switched to residential land and commercial land. Many people have lost their minds. It's very dangerous.
The Admiralty Section 2 subway superstructure project must be won, but it was only after the big slump. Now He Jiahao has no interest in this land at all, because Hang Lung in the previous life was the template.
Deep Water Bay Golf Course
He Jiahao swung his golf club and knocked the golf ball off the ground. It drew an arc and landed not far from the small flag.
"I didn't hit that shot very well. Didn't I have a good rest recently?" Zheng Yutong appeared holding a beautiful club with a joking expression on his face.
"Uncle Tong, don't laugh at me! I was woken up by my daughter in the middle of the night and didn't fall asleep until almost dawn. It's really much harder than talking about business." He Jiahao said with a wry smile. Some people already know about the illegitimate daughter He Muhan. After all, Xiangjiang It's so big that it's hard to hide anything for long.
"Hahaha!! Children are like this. When Ah Chun tortured me, I almost went crazy. The sound of crying was very penetrating." Zheng Yutong glanced at He Jiahao and laughed.
Zheng Jiachun next to him looked at each other in confusion, and felt a little relieved after finding that no one was looking at him.
"This is how raising children is, and this is just the beginning." Guo Desheng said with a smile.
Li Zhaoji was on one side, not talking much, with a smile on his face.
Ho Ka-Hao didn’t want to talk about this topic anymore and said to everyone, “What do you think of the news from the MTR Corporation?”
At this time, the laughter stopped. Subway station construction projects are much more profitable than residential apartments. Which real estate developer wouldn't want to do it?
"There will definitely be a premium. It is difficult for one company to win a project worth hundreds of millions. Should we form a joint company to bid?" Guo Desheng suggested.
"Hang Lung's Chen Zengxi has approached me, and I have agreed to join. I'm afraid I can't join." Zheng Yutong declined politely.
Li Zhaoji thought for a while and said, "I won't participate anymore. Most of the funds are now spent on acquisition projects, and it is difficult to allocate funds."
In fact, Li Zhaoji rarely bids for projects, and he is determined to merge old buildings.
He Jiahao smiled and said, "Guo Sheng, just the two of us are a bit weak."
"Who do you think Ah Hao is suitable for? How about Li Jiacheng from Huanghe Industrial Company?" Guo Desheng asked coldly.
Many people know about the relationship between He Jiahao and Li Jiacheng. There are several candidates for cooperation, and Li Jiacheng is the best choice.
"I think it's okay, but it would be good if we can win one of the two projects." He Jiahao said with a smile.
"Well, how about Sham Shui Po?" Guo Desheng said.
Sheung Wan is close to Central and next to the Heung Kong Center. Naturally, there will be many financial groups competing for it. Sham Shui Po in Yau Tsim Mong District is a little easier. As for taking both, it is a person who has no friends.
"Okay, I also think Sham Shui Po is good." Ho Ka-ho said with a smile.
"Haha! You chose Sham Shui Po. I happened to want to take Sheung Wan, but I missed it. Otherwise, it would not be a good thing to meet you." Zheng Yutong said jokingly.
"I don't believe it when Uncle Tong is still scared. He is famous for his courage." He Jiahao joked.
"I am Shark Guts. It's not like I don't know how to choose my opponents."
Everyone laughed again.
It's just a business, there's no need to worry about anything.
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