We're building a super chaebol in Hong Kong

From an outsider's perspective, Su Cheng's investment in Cathay Pacific Airways was undoubtedly a major blow to Dragonair.

This event sparked widespread discussion and speculation within business circles, with people guessing about the future direction of Dragonair.

However, when those with a vested interest delved into Dragonair's internal operations, they discovered that the impact was not as significant as the outside world imagined.

Because Dragonair was not doing well to begin with, Su Cheng's investment in Cathay Pacific naturally had no impact on it.

Dragonair continued to develop along its original historical trajectory, trying every possible means to overcome the difficulties imposed by Cathay Pacific and the Governor's Office, as if the external disturbances had not had a substantial impact on it.

Su Cheng was very clear in his mind that their actions were nothing more than futile efforts, just a desperate struggle.

The routes that Dragonair had opened in recent months were mostly concentrated in remote or relatively economically underdeveloped areas.

The market demand in these areas was limited, and the consumption capacity was relatively weak, so these routes were destined to be heavily loss-making.

They believed that through continuous market development and operational optimization, Dragonair would be able to achieve profitability in the future and bring them generous returns.

However, as time went on, long-term losses would inevitably cause these tycoons to feel a headache.

It was one thing for the invested money not to make money, but to also require them to constantly inject capital into it; such a bottomless pit would be difficult for anyone to accept.

Some tycoons would inevitably start to complain privately, harboring doubts about the future of Dragonair.

They began to re-examine their investment decisions, considering whether they should continue to support Dragonair.

Despite this, some of Dragonair's management seemed to have little concern.

They still firmly believed that their decisions were correct, believing that as long as they persisted, they would definitely see a turning point.

They believed that with economic development and market changes, these routes in remote areas would gradually become profitable.

They were full of confidence in the future, continuing to invest a lot of money and resources, and working hard to expand their business.

However, reality is often crueler than imagined.

With the continuous expansion of losses, Dragonair's cash flow would inevitably begin to become tight in a year or two.

Some originally planned investment and expansion projects would also have to be shelved.

By then, the development of Dragonair would be nearing its end, and it would eventually not escape the fate of being acquired by Cathay Pacific.

Su Cheng had never participated in the development of Dragonair from beginning to end, so whether Dragonair was profitable or loss-making had little impact on him.

That 1 million Hong Kong dollars, as far as he was concerned, was already considered lost, and he didn't care whether he had the shares or not.

His sights had already turned to a wider world, seeking more business opportunities.

In the blink of an eye, time had already entered October.

In this golden autumn season, Su Cheng had no time to appreciate the autumn scenery.

On October 12th, at the invitation of the mayor of Dongjing City, Su Cheng boarded his private plane and went to Dongjing City in Dongying for a visit.

Speaking of which, Su Cheng had not been to Dongying for two or three years.

In these two or three years, great changes had taken place in Dongying's economy and society, and Su Cheng's career had also continued to develop and grow.

His enterprises had spread to many countries and regions around the world, becoming a veritable multinational entrepreneur.

His business empire covered many fields, including real estate, finance, and entertainment.

His decisions and actions affected the global economic landscape, becoming a legendary figure in the business world.

Junko Sakurada, the woman Su Cheng had in Dongying, had already begun to emerge in the Dongying entertainment industry, becoming the most popular female star.

Since transferring to Nami Entertainment's Dongying branch a few years ago, she had been staying in Nami Entertainment, and with Su Cheng's support and the company's resources, her career had been booming, and now she had become one of the most popular female stars in Dongying.

Junko Sakurada had a charming appearance and outstanding talent.

Her beauty, elegance, and charm attracted the attention of countless suitors.

In the entertainment industry, she was the focus of attention, and the goddess in the hearts of countless fans.

But who would have thought that she had already become Su Cheng's woman a few years ago.

Although the two could not be together often because they worked in different places, Junko Sakurada's feelings for Su Cheng had never diminished.

Every year, Junko Sakurada would take the initiative to make time to go to Hong Kong to meet with Su Cheng privately, enjoying their sweet time together.

In these short reunions, Junko Sakurada seemed to forget the pressure of work and the troubles of life, immersed in each other's warmth and love.

However, because Junko Sakurada was still at the peak of her career, she had always deliberately practiced contraception.

This was also the reason why she often went to Hong Kong to offer herself in these years, but still did not get pregnant.

She knew that at this stage, her career was crucial to her.

She didn't want to affect her career development because of pregnancy, so she made this choice.

After a four-hour flight, Su Cheng's private plane successfully landed at Dongjing International Airport.

His arrival alarmed the local government, and even the head of the Dongying Ministry of Economy, Trade and Industry personally came to the airport to greet him.

Today's Su Cheng is the largest foreign entrepreneur in Dongying, and the industries he invests in are all over Dongying, such as Dongjing, Daban, Nagoya, and so on.

The tens of billions of Hong Kong dollars invested a few years ago had already increased more than tenfold.

If he were to sell these assets now, he could directly cash out nearly 100 billion Hong Kong dollars in Dongying.

This number sounds a bit exaggerated, but in reality, it is not an exaggeration at all.

Because Dongying's economy has developed too fast in recent years, especially the real estate industry.

Over the years, Su Cheng had always allowed the Su Corporation, Hutchison Whampoa Group and other companies to invest in real estate companies on a large scale in major cities in Dongying.

Today, the real estate industries of these two companies have become one of the top ten real estate companies in Dongying.

If the two companies merged, they could even enter the top three!

Su Corporation and Hutchison Whampoa Group have demonstrated strong strength and competitiveness in the real estate market in Dongying.

With their strong financial strength, advanced management experience and excellent market insight, they have rapidly risen to become leading enterprises in the industry.

Their projects are all over Dongying, covering residential, commercial, office buildings and other fields.

However, Su Cheng was not complacent about this.

He was very clear that Dongying's real estate industry would collapse sooner or later.

This time might still be several years away, but he had already made ample preparations.

He planned to gradually sell off the commercial buildings, properties, and so on here at high prices over the next few years to cash out a large amount of capital.

Su Cheng's decision was based on his profound insight into the market and his long-term strategic vision.

He knew that the prosperity of the real estate market was often short-lived, and once the bubble burst, it would bring huge losses.

Therefore, he had made plans in advance, preparing to exit the market at the right time to avoid falling into a crisis.

Of course, this plan could not be realized all at once.

Because Su Cheng had too many industries, he had to sell them off gradually.

However, he was not worried about not finding a successor.

After all, at this time, the East Ying (Japan) was known as being able to buy the entire Pretty Country (USA).

This shows how crazy their leapfrog economic development was.

Unfortunately, after a few years, those real estate entrepreneurs would find that their companies would eventually become bubbles, turning into nothingness.

Su Cheng knew all about this. He already had countermeasures.

He would ensure the safety of his wealth through reasonable asset allocation and risk management.

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During his visit to Dongjing City (Tokyo), Su Cheng received a warm welcome from the local government and businesses.

He participated in many business activities and exchange events, and had in-depth communication and exchanges with local government and business representatives.

He shared his entrepreneurial experience and business philosophy, and also listened to the development needs and cooperation intentions of the local government and businesses.

Su Cheng's arrival brought new opportunities and vitality to Dongjing City.

His business wisdom and success experience inspired local entrepreneurs, providing them with valuable reference and inspiration.

At the same time, he also actively sought cooperation opportunities with local companies to jointly develop the market and achieve mutual benefit and win-win results.

During his visit, Su Cheng also took the time to visit Junko Sakura.

The two had dinner together in an elegant restaurant, enjoying a rare moment alone.

The restaurant's environment was elegant and quiet, with candlelight flickering, creating a romantic atmosphere.

Junko Sakura talked about her work and life, and also talked about her future plans and dreams.

She shared her experiences and feelings in the entertainment industry, as well as her expectations for future career development.

Her eyes sparkled with love for life and longing for the future.

Although the two could not be together often, Junko Sakura's feelings for Su Cheng had always been very deep.

She knew that Su Cheng was an important figure in her life, her reliance and support.

She was grateful for Su Cheng's help and care, and cherished every moment she spent with him.

In response, Su Cheng quietly acted as a listener.

Although he didn't have very deep feelings for Junko Sakura, since he had taken her, and she was so devoted to him, he would naturally not let her down.

He knew that Junko Sakura's career was developing very well in East Ying, but she must be a little lonely in terms of feelings, after all, Su Cheng was not usually here, so he encouraged her.

Su Cheng's encouragement filled Junko Sakura's heart with emotion and warmth.

She knew that she could not have achieved today's achievements and status without Su Cheng's support and help.

She looked at Su Cheng gratefully, her eyes sparkling with happiness.

After indulging with Junko Sakura, Su Cheng entered his working state.

Coming to Dongjing was not just for personal relationships, he was here on an invited visit.

Therefore, the focus here was naturally on work.

At the same time, it was also to inspect the industries in East Ying. These industries that he invested in a few years ago had already earned him many benefits sooner or later.

Now, East Ying had become the third largest market under Su Cheng's banner. In addition to the European and North American markets, the East Ying market earned him the most profits.

Therefore, he still attached great importance to the East Ying market.

Dongjing City, a skyscraper as high as 350 meters, stands in the central area of Dongjing.

This skyscraper is called Su's Building, and it was invested and constructed by Su's Group five years ago. After five years, it has now been officially completed.

The construction of Su's Building was a huge project, and it condensed the efforts and hard work of countless people.

From planning and design to construction, every link has undergone careful planning and strict control.

This building is not only a building, but also a symbol of Su's Group's strength and achievements in East Ying.

This building alone is enough to show how strong Su's Group is in East Ying.

Even those big chaebols in East Ying do not have such a building, but Su's Group does. This is glory!

This building was only completed and put into use in the middle of this year, and it is already the tallest building in East Ying.

Before this, the tallest building was not a building, but a TV tower, the famous Dongjing Tower, which is 333 meters high and was built in 1958. This year, it was surpassed by Su's Building.

Therefore, Su's Building can be said to be far higher than any building in East Ying.

Its height and scale are amazing, making it a new landmark in Dongjing City.

Standing on the top floor of the building, overlooking the entire Dongjing City, Su Cheng's heart was full of emotion.

"How much is this building worth now?" Standing on the top floor of the Dongjing Su's Building, overlooking the entire Dongjing City, Su Cheng asked Yan Yingming, the president of Su's Group's East Ying branch, with a smile.

"Boss, this building is currently valued at about 5 billion US dollars, and we spent about 1 billion US dollars before and after the initial investment and construction!" Yan Yingming replied.

Su Cheng nodded. A market value of 5 billion US dollars is not bad. In a few years, it should rise even more.

These will all be sold in the future. Although it is the tallest building in Tokyo, he does not intend to keep it. Cashing out and running away is the best choice.

Su Cheng knew very well that the real estate market was volatile, and cashing out in time was a wise move.

He didn't want to fall into this bubble crisis, but hoped to maximize his wealth through flexible asset allocation and running away at any time.

I just don't know how much it can be sold for at that time.

He believed that once Su's Group announced the sale of this building, it would definitely attract the attention of many East Ying chaebols.

At that time, it would naturally be able to sell for a good price.

Not only this building, but also Su's Group, Hutchison Whampoa's other commercial buildings, properties, etc. will be sold for a good price.

If he could cash out several billion US dollars or even more from East Ying, it would definitely be good news for Su Cheng.

He liked making money from East Ying the most. (End of this chapter)