We're building a super chaebol in Hong Kong

The next day, early in the morning, Su Cheng first had the driver take Zhong Chuhong, who was eager to return to the company for work, back to Jia Shi Television.

As for him, he slowly ate breakfast at home, read the newspaper, and only went out long after the driver returned.

His briefcase was still filled with many documents and materials.

This time, he was going to the Su's Group Building.

The journey was smooth, and it only took ten minutes for the car to arrive at the Su's Group Building in Central.

After inquiring with the front desk staff in the company lobby and learning that Yang Chaoye was still in the company, Su Cheng first went to the president's office.

"Boss, good morning." Seeing Su Cheng, Yang Chaoye greeted him with a smile.

"Good morning, President Yang. You look radiant. As the saying goes, people are in high spirits when good things happen. Could it be that President Yang has some good news?" Su Cheng said with a laugh.

"Boss, you are really amazing. You can even see that. That's right, my eldest son's wife gave birth to a baby boy yesterday!" Yang Chaoye said with a face full of smiles.

"Congratulations to President Yang on the arrival of your grandson. This is a great joyous occasion. I must give your grandson a big red envelope," Su Cheng congratulated.

"Boss, you are too kind. By the way, is there anything important you came here for today?" Yang Chaoye asked.

"Yes, I have a new novel that I plan to give to Chivalrous Literature Media Company to use. By the way, how are the negotiations for Tseung Kwan O and Clearwater Bay going?" Su Cheng said.

"I have talked with the Hong Kong Lands Department many times and finally determined that we can purchase a maximum of 9.6 million square meters of land in Clearwater Bay and Tseung Kwan O, of which 3.6 million square meters can be purchased in Tseung Kwan O, and 6 million square meters in Clearwater Bay.

Since Tseung Kwan O is much closer to the city center, and Clearwater Bay Peninsula has more mountainous terrain than Tseung Kwan O, the price in Tseung Kwan O is about twice as expensive as that of Clearwater Bay Peninsula. We have roughly agreed on everything, and only the price issue has not yet been agreed upon," Yang Chaoye reported.

9.6 million square meters? Su Cheng calculated that this area was not small, and it was even larger than the land in Tuen Mun.

Fortunately, both Tseung Kwan O and Clearwater Bay Peninsula are currently wilderness areas that the government does not pay much attention to. Otherwise, it would be impossible to purchase so much land.

In addition, Yang Chaoye negotiated with the government to invest in tourist resorts and film and television bases in those areas. These two investment projects require a lot of land, which is one of the reasons why the government finally agreed to sell so much land.

"How much are they asking?" Su Cheng asked.

"HK$140 per square meter for Tseung Kwan O and HK$70 per square meter for Clearwater Bay Peninsula," Yang Chaoye replied.

Damn, that's cheap!

Su Cheng couldn't help but sigh that land was so cheap in this era. No wonder those big consortia hoarded a lot of land in the New Territories, Yuen Long, Sai Kung, and other places.

HK$924 million?

Perhaps this total amount of money is very high, but for two pieces of land with a combined area of nearly 10 square kilometers, it is really not expensive at all.

Too cheap, buy, must buy them all!

"The price they are asking is still relatively high. A year ago, Li Zhaoji's Henderson Land Development Company Limited auctioned off 160,000 square meters of land in Shatin First City with only HK$20 million, with an average price of only HK$125 per square meter. Shatin has many industrial areas, and its value is much higher than that of Tseung Kwan O and Clearwater Bay."

Seeing that Su Cheng didn't seem to think the price was high at all, Yang Chaoye explained.

Yang Chaoye has been in Hong Kong for more than two months and has learned a lot about the place. Especially after he was put in charge of purchasing land, he consulted a lot of land auction information.

In 1976, the Hong Kong government announced plans to auction off a piece of land in Shatin. Shatin is not the core area of Hong Kong, but Li Zhaoji was optimistic about the development of Shatin at the time because Shatin has little land and a large population, and the demand for housing must be very large. Therefore, he finally auctioned it off in 1977 for a price of HK$20 million, which translates to only HK$125 per square meter.

This is also why Yang Chaoye felt that the land in Tseung Kwan O was too expensive.

In fact, in order to reduce the cost of the auction, Li Zhaoji chose to cooperate with Li Jiacheng, Zheng Yutong, and Guo Desheng to reduce the number of competitors, and finally auctioned it off at such a low price. Otherwise, it would not have been possible to bid for it at a price of HK$125.

If Wangjiao is the end point of a straight line distance, the distance is actually similar whether it is Shatin or Tseung Kwan O.

It's just that the current Tseung Kwan O is sparsely populated and has almost no industry.

And Shatin has many large and small industrial areas, with a large population and little land.

From the current point of view, Shatin is naturally more valuable.

But in the future, the value of Tseung Kwan O will definitely be higher.

Although he has a lot of funds on hand now, there are too many places to use them, especially the oil costs that will have to be paid successively later. There are only less than 100 million pounds left available. During this period, Su Cheng has successively invested 300 to 400 million Hong Kong dollars in Su's Group and Tianyuan Investment Company, so there are even fewer funds available now.

It seems that I have to find a way to get more funds. I can't always wait for the oil funds to flow back.

Therefore, I must go to the United States next month.

The stock market turmoil in October is the best time for Su Cheng to make short-term profits.

Although this stock market turmoil will not last long, it is enough for Su Cheng.

The trend of Hong Kong's Hang Seng Index is actually affected by the United States, but Hong Kong's market is too small. For Su Cheng, he can directly let a trader from Tianyuan Investment Company participate, and he doesn't need to do it himself.

Su Cheng's goal is the US stock market!

If used well, he can not only make money, but also take the opportunity to control the shares of some high-quality US listed companies, killing two birds with one stone.

"Okay, Boss, I will finalize it as soon as possible!" Yang Chaoye nodded.