The rise of Hong Kong's wealthy families

In late July, Ho Ka-ho attended the ribbon-cutting ceremony of Tsim Sha Tsui Center, which invited many celebrities, including Cheng Yutong of New World Development, Kwok Desheng of Sun Hung Kai, Li Zhaoji of Henderson Land Development, and Luo Yingshi of Great Eagle Properties.

The leasing of the shopping mall has been 80% completed, and the brands include Wo Teppanyaki, Chow Tai Fook, and Chow Sang Sang. At the same time, Ho spent 5 million in advertising fees to promote the opening of the Tsim Sha Tsui Center, attracting many citizens to visit.

It wasn't until three or four o'clock in the afternoon that He Jiahao really finished socializing and sat slumped in his office chair alone.

At the same time, he took out multiple pieces of land and reached cooperation intentions with real estate companies such as New World Development, Sun Hung Kai Properties, and Great Eagle Properties, adopting the plan of "they will contribute to land fees, construction fees, etc., and the profits will be equally divided."

He Jiahao's move is just to hope that Huamei Real Estate Company can withdraw funds quickly without taking too much risk. In order to prepare for the big slump next year, Huamei Real Estate Company, which is too heavily in debt, does not meet the requirements of bargain hunting in 1983, so he would rather use the profits dilution, but also to reduce the debt ratio.

This kind of plan can also win some favors for Jiahao or return some favors. Anyway, after the big slump, there will be a lot of land in good locations, so you can just buy it back at a low price at that time.

A few days later, the MTR Corporation announced the list of winning bidders for three subway station superstructure projects. Among them, the joint venture led by Hang Lung won the To Kwa Wan subway station superstructure project for HK$380 million, and Huamei Real Estate Company won the bid for the Apricot MTR station superstructure project for HK$170 million. Huacun subway station superstructure project.

Huamei Real Estate needs to pay NT$246 million to the MTR Corporation within one month. This amount of money is not a large amount of money for the increasingly large Huamei Real Estate, but it will eventually need to be paid.

Therefore, He Jiahao came up with the idea of ​​raising funds through rights issue again, so he called securities manager Tan Zhenzhen and asked him to quickly host this fund-raising, with the purpose of reducing the company's liabilities and paying for the two projects at the same time.

Qingzhou Ying Cement Company Board of Directors

He Jiahao, who was sitting in the chairman's position, glanced at the directors on the left and right. Huo Jianning, who was sitting on the lower left hand, was looking down at the documents, while Moose Kane was sitting on the lower right hand, with a cold face, as if he was thinking about something.

"Everyone, now the recession period of maritime shipping has officially arrived, and the two 10,000-ton giant ships scheduled by the company at the Shandong Shipyard in Mainland China will be launched in the second half of next year. The shipbuilding fee is 14 million Hong Kong dollars per ship, and the total price is 28 million Hong Kong dollars. Some people have suggested to The shipyard has made a request to reduce shipbuilding costs." He Jiahao said, paying attention to the faces of most of the directors.

"I agree with this proposal." Moose Kane glanced at He Jiahao and continued to explain, "28 million Hong Kong dollars is a big burden for Qingzhou Yingni. With the advent of the shipping recession and the reduction in ship costs, this loss cannot be accounted for. The company will bear it.”

"Do other people mean the same thing?" He Jiahao looked at all the directors expressionlessly.

The directors looked at each other and nodded.

He Jiahao naturally disapproved of this proposal. It would be easier for a debt-ridden Qingzhou Ying Cement Company to complete privatization, so He Jiahao persuaded the directors from another angle.

"It is not a good thing for the company to suffer losses. However, the mainland shipyard is a state-owned enterprise and has relationships with many mainland companies. Today, Qingzhou Ying Cement Company has insufficient profitability and must expand production capacity. The mainland is developing, and our cement can be sold directly to the mainland. , if it makes the mainland unhappy now because of small interests, it will seriously hinder the development of Qingzhou Yingni."

Musi Kane frowned. He did not expect that He Jiahao would actually open up business routes to the mainland. For some directors, this was naturally very tempting. "What He Sheng said makes sense, but the mainland has confiscated foreign assets." In this case, who knows if they will confiscate all our cement.”

"Mr. Mousse's statement is very narrow! The former Prime Minister has already visited the mainland, and the Governor of Hong Kong also visited two years ago. Isn't this a good indicator?" Ho Jiahao sneered, "Qingzhou before 1978 Under Mr. Mousse's management, Yingni only accounted for about 30% of the market, but now, under my management, it accounts for 60% of the Xiangjiang market. Shouldn't Mr. Mouss reflect on his previous business methods?"

"If we give up such a big market, it will definitely be a loss for Qingzhou Ying Cement Company. If you are afraid, you can sell your shares to me, and I can give you a 30% premium." He Jiahao didn't want to talk nonsense.

In fact, the directors and shareholders are not entirely optimistic about Qingzhou Ying Cement Company, but they think He Jiahao is worth investing in. Although they have not received much dividends in the past two years, the company's market value has tripled, which is equivalent to them making a lot of money. Therefore, I highly approve of He Jiahao's management.

When he heard the topic of 'comprehensive acquisition' being mentioned again, Mous Kane's face became even more livid. Even Li Jiacheng's previous visit in person failed to convince him. He had been waiting for an opportunity, hoping to get back the 'ancestral property' from He Jiahao.

Under the threat of He Jiahao, the proposal was naturally rejected.

As the major shareholder of Qingzhou Ying Cement Company, He Jiahao had the power to make final decisions, but he tolerated it as he thought that the company was about to be privatized and if he offended these directors at this time, he might suffer losses in the future.

For the cement business in the mainland, He Jiahao handed over to the business department manager, who was also one of He Jiahao's cronies.

Office of the Chairman

He Jiahao personally poured a cup of coffee for Mousse Kane and said with a smile, "Mr. Mousse, now is the peak of the company's stock price. If you sell it to me at a premium of 20%, you won't suffer a loss. If this continues, it will affect the Kane family's My company is in great disadvantage, and my financial resources have expanded dozens of times in the past few years. Do you think there is still a chance to get it back?"

Mousse Kane held the colorful porcelain cup and remained silent.

He Jiahao continued to persuade, "Mr. Mousse, there is gold everywhere in Hong Kong. Whether you are a real estate businessman, an industrial businessman, or a financial businessman, you are all making a lot of money. Don't the Kane family want to take this opportunity to suddenly emerge and reshape the world?" Brilliant?

If Mr. Mouss is willing to help me complete the privatization of Qingzhou Ying Cement Company, I can give the Kane family a big gift and at the same time let the Kane family regain their face. how? "

Why privatize Qingzhou Ying Cement Company when the market is booming?

The reason is very simple. The Kane family's stubbornness has made He Jiahao lose patience, and a higher price can make the Kane family let go. If the market declines, the Kane family insists on sticking to it. Wouldn't it be a waste of time.

The most important thing is that Ho plans to discuss the land fee supplement with the Hong Kong government next year. If he suddenly brings it up during the sharp decline, it will appear to be taking advantage of the situation and will not be conducive to negotiations.

"I'll go back and discuss it with the others." Mousse Kane finally relented. What He Jiahao said made sense. If he continued to fight, it would be even more detrimental to the Kane family.

"Okay, then I'll wait for the good news from Mr. Mousse! Cheers!" He Jiahao was very happy. The 800,000 square feet of land will soon belong to him.

He plans to turn this land into a high-end residential area, so that he can maximize profits and earn more than industrial buildings, and at the same time, he can gain some rental properties.

As for other shareholders, He Jiahao is not too anxious. As long as the Kane family is willing to let go, shareholders will definitely be willing to follow. After all, they are single and weak.

If there is resistance, just defeat them one by one.