The rise of Hong Kong's wealthy families

Thursday, January 15

Land and Sino Properties announced at the same time that their joint venture had purchased the Baibishan site on Tai Tam Road, Hong Kong Island, for NT$1.308 billion and planned to build villa-style luxury residences.

This news was like a bomb, making the already hot city even more frightening. Real estate developers with some concerns began to re-enter the market and spend heavily to acquire properties and land.

"I thought the local market was about to collapse. I sold my 'lucky house' (empty house) a few days ago. What a bad luck!"

"Haha! My vision is indeed right. How could such a popular real estate collapse? Now I can make a lot of money."

"Those big shots say don't get involved. The city's market is about to collapse. They just want us to sell the house quickly so they can make a fortune. They are so cruel."

The citizens were talking a lot, and most of them were speculators, big and small.

Office on the 31st floor of International Building

Chen Yong walked in, respectfully handed over the report, and said, "Boss, this is the information on the recent real estate development."

He Jiahao glanced at Chen Yong and felt a little strange, but couldn't explain it. He took the information and started reading it.

"Boss, the company has sufficient funds and reserves 3.8 million square feet of land. The city is more popular now and it doesn't look like it will collapse. Why don't we develop more properties?" Chen Yong suggested guiltily. The previous boss He had already said that he would reduce the number of real estate developments, but not even three months later, he went against his boss's instructions again, and he was a little worried that his boss would be annoyed by this.

He Jiahao didn't even raise his head and said calmly, "You can't bite off more than you can chew! Now our four sites in East Tsim Sha Tsui have not yet been completed. The company is already in serious debt. If a crisis really comes, the company may face liquidation. Is it possible for Director Chen to Do you want to make a little money and abandon the company?”

He rarely talks to senior management in such a tone. They are the pillars of the company that he has carefully cultivated. He feels that they will be highly consistent with him. But now Chen Yong wants to overturn the decision in person. If he agrees, where will his face go? put?

"." Chen Yong knew that the boss was not old, but his momentum was not inferior to any chairman of the board of directors he had ever seen. He was a little at a loss for a moment, "Boss, I don't mean anything else. I just saw that the market outside is so good. It's a bit... I’m so obsessed.”

He Jiahao was not really angry, but he just wanted to beat Chen Yong. The past two years have been so smooth, and they have all developed a "conceited" mentality, with the illusion that their judgments will not be wrong. If it were not for the huge amount of money from the United States, He didn't dare to spread the stall so big.

"Analyze the market carefully. We are in the real estate business. We cannot follow the superficial situation. We must be ahead of everyone so that we can stand on top of others." He Jiahao said with a deadpan expression.

"Yes, I understand, boss." Chen Yong quickly expressed his acceptance of the boss's teaching.

So, He Jiahao asked Wu Shan to inform all senior managers above the manager level to hold a meeting tomorrow to kill the "evil habits" in the company.

Not long after, a strange guest came to the office.

"He Sheng, long time no see!" Cui Baiquan, chairman of the board of directors of Legu Real Estate, shook hands with He Jiahao.

He Jiahao nodded and said with a smile, "Yes, I met Cui Sheng last time at a banquet held by the Hong Kong government. Unexpectedly, almost two years have passed, and Cui Sheng has not changed much as before."

"Why hasn't it changed? I'm a lot older and will soon turn into a white-headed man." Cui Baiquan said mockingly.

He Jiahao said, "The white-headed man ten years from now will be pretty good too. Please sit down!"

When Cui Baiquan sat down, he asked again, "Did Cui Sheng come to visit today and introduce any good business?"

"He Sheng and Qin Haiming know each other, right? Qin Haiming has made me very anxious recently." Cui Baiquan looked at He Jiahao and said.

He Jiahao nodded, "Not only do we know each other, but we are also very familiar with him. A Ming used to help me with things. What happened to him?"

Faced with He Jiahao's pretense of confusion, Cui Baiquan also acted very calmly and said, "Qin Haiming is attacking my Legu Real Estate Company. Now it has tripled the stock price. I need to spend a lot of money to buy back the stock, so I want to ask him As a middleman, He Sheng talks to Qin Haiming. If Qin Haiming wants to make a fortune, I can buy his shares at a premium."

Cui Baiquan came to He Jiahao because of He Jiahao's reputation as a Hong Kong tycoon. It was not shameful to ask He Jiahao for help. If he went to Qin Haiming directly, he would be said to be unable to defeat the young people and lose face.

"I understand what Cui Sheng means, and I am willing to be the middleman, but it is none of my business how you negotiate." He Jiahao continued, "Cui Sheng should know that my reputation is far more than this."

"I know that He Sheng will not be involved in these things. These tens of millions are not as much as He Sheng can make from a big project."

"Actually, before Amin started this kind of business, I reminded him that money can be earned slowly, but reputation is not easy to establish. However, he has always wanted to start a listed company, which can develop faster, so he started this kind of business. A quick-money business." He Jiahao said intentionally or unintentionally.

"Aren't Qin Haiming and He Sheng friends? How come he lacks the money to buy a listed company?" Cui Baiquan asked in confusion. He didn't quite believe what He Jiahao said, but he asked someone to help, so he naturally followed the other person's topic.

"Haha!! What Cui Sheng said is true, but young people want to prove themselves, so how can they ask for help? They don't want to be said to have relied on others to get to the top after they succeed." He Jiahao said with a smile.

Having said all that, He Jiahao has only one purpose: to get rid of himself as an accomplice of Qin Haiming's attacks on other companies, let alone the mastermind behind it, and to save his reputation.

Talking about the three acquisitions of Dagu Real Estate Company, he said that Gu Jinqi's lack of face made him angry and he has been embarrassing Dagu Real Estate. Now he will no longer embarrass Dagu Real Estate because there is a new person in charge.

Finally, He Jiahao helped Cui Baiquan make an appointment with Qin Haiming that day.

In the conference room of Huamei Real Estate Company, He Jiahao acted as the judge of both parties.

"How do Qin Sheng want to let Legu Real Estate go? Make a condition!" Cui Baiquan asked bluntly.

Qin Haiming said, "Give me half of Legu Real Estate."

He Jiahao was also a little surprised. Qin Haiming was opening his mouth. Cui Baiquan would rather destroy Legu Real Estate than let Qin Haiming get his wish.

"Wishful thinking!" Cui Baiquan stood up in anger, pointed at Qin Haiming and said, "Even if I sell the company, I won't let you take it away."

"You two, please be patient! A Ming's conditions are a bit harsh, but we can discuss them first." He Jiahao said to Cui Baiquan, "What is Cui Sheng's plan?"

"I'll buy his stock at a premium of 10%. Or I'll buy part of it to complete 49%, and the rest can be sold at a high price in the market." Cui Baiquan's plan is quite satisfactory.

"Boss, if we follow his plan, then why should I be a sniper? I can just go home and take care of my child." Qin Haiming spread his hands and said with dissatisfaction.