We're building a super chaebol in Hong Kong

"Mr. Su, long time no see." Su Cheng had just gotten out of the car when a middle-aged man greeted him with a smile.

"I heard you've made a fortune recently. Congratulations, congratulations." Su Cheng smiled and greeted in return.

Last time, in the Wharf battle, although not the main character, the middle-aged man became an important member of the competition.

It was his 10% stake in Wharf that quickly ended the entire Wharf battle, causing Jardine Matheson to retreat and Pao Yue-kong to rise rapidly.

Back then, Su Cheng made a hefty profit of several hundred million Hong Kong dollars by selling his 23% stake in Wharf for 1 billion Hong Kong dollars.

As far as he knew, the middle-aged man had also invested in Wharf early on, so the cost of purchasing Wharf shares was not very high.

Therefore, this 10% stake in Wharf must have earned him at least two or three hundred million.

"Compared to Mr. Su, what is the little I've earned?" the middle-aged man said with great emotion.

After chatting outside for a while, the two walked into the Edinburgh Place City Hall and then headed for the elevator.

Chung Cho-hung remained very low-key, following behind Su Cheng the entire time.

The art gallery was located on the tenth and eleventh floors of the City Hall, which were the top two floors.

Soon, Su Cheng encountered a succession of Hong Kong tycoons such as Pao Yue-kong, Kwok Tak-seng, Lee Shau-kee, Cheng Yu-tung, Henry Fok, and Run Run Shaw.

HSBC Group's Michael Sandberg, Jardine Matheson's Simon Keswick, and Swire Group's John Swire also appeared around Su Cheng.

In addition, he also saw ordinary Hong Kong tycoons like Lam See-fung and Raymond Chow.

This showed how many people were invited to this charity auction!

As for the tycoons Su Cheng didn't recognize, there were even more.

Those who knew Su Cheng greeted him one by one.

Those who didn't know him also took the initiative to come forward and get acquainted.

After all, Su Cheng was now the famous taipan of Hutchison Whampoa.

And Hutchison Whampoa Group was one of the top-ranked listed companies in Hong Kong.

"Taipan Su," "Mr. Su," "President Su," "Chairman Su," various titles came one after another.

This was the result of an increase in status and position. When you reach a certain level, everyone will respect you and dare not offend you!

Even those foreigners greeted him with smiling faces.

After all, Hong Kong was so small. It was normal to have cooperation or competition in the business world someday.

As the auction was about to begin, everyone quickly found their seats and sat down.

In this era when foreigners were first-class citizens and Chinese were second-class citizens, without a doubt, even though Su Cheng and Pao Yue-kong and others had achieved great success in business, they were still only assigned to the second row of seats.

This was politics, and it had nothing to do with how much money you had. Su Cheng sighed.

However, this situation would end in 1997. At that time, Hong Kong, which would return to the motherland, would be completely controlled by the Chinese.

To Su Cheng's left was Pao Yue-kong, and to his right was the famous "Textile King" Lim Por-yen.

In the future, Lim Por-yen would eventually take over ATV and become Run Run Shaw's real opponent.

The two could be said to have competed equally in Hong Kong. If TVB had Miss Hong Kong, ATV would have Miss Asia. In the 90s, it could be said to be another peak period of Hong Kong television development.

Unfortunately, with the arrival of the financial turmoil, under the dual impact of a bribery case in Taiwan and the Asian financial crisis, the Lim family encountered financial difficulties. Lim Por-yen decided to sell 51% of ATV's shares, and eventually regrettably gave up ATV.

"Mr. Su, hello." Lim Por-yen took the initiative to greet Su Cheng.

The two had not had any contact before. This could be considered their first exchange.

"Mr. Lim, I've heard of you for a long time." Su Cheng replied with a smile.

Although Lim Por-yen came from the textile industry, he had now shifted his focus to real estate.

After all, compared to the textile industry, the real estate industry made money faster.

When Lim Por-yen was running the real estate business, an important principle was to only rent and not sell. With the development of the economy, the price of Hong Kong properties soared. Industrial buildings that cost several hundred yuan per square meter in the 1970s would sell for several thousand yuan per square meter in the 1980s, and even more than 10,000 yuan per square meter in the 1990s.

If he had sold them back then, he would have only made a small profit. Lim Por-yen's Lai Sun Group would not have developed so quickly. This was also where Lim Por-yen was superior.

Of course, Su Cheng didn't need to do what he did. For Su Cheng, cash flow was more important.

Only by obtaining more cash flow could he invest in more profitable projects.

The latest novel is first published on Liu\\_9\\_Shu\\_Ba!\\_.

"I have a real estate investment project in Chai Wan, developing an industrial park of more than 300,000 square meters, but I currently have other investment projects, so the funds I can take out may not be enough. I wonder if Mr. Su is interested in a joint venture investment." Lim Por-yen extended an invitation.

"Oh? If that's the case, then we can discuss it in detail when we have time." Su Cheng was somewhat interested after hearing this.

In fact, Su Cheng was not interested in this, but in the cinemas under Lai Sun Company.

An industrial park of more than 300,000 square meters was not enough to require him to pay attention to it personally. He could just call Yang Chao-yeh or Wei Li to discuss cooperation with him.

However, Su Cheng decided to find some time to chat with Lim Por-yen after the auction.

Since Lai Sun Company began investing in the entertainment industry a few years ago, it has opened several first-class cinemas, and the reputation is very good.

However, Lim Por-yen did not invest on a large scale, but only regarded it as a sideline. The main business was still the textile industry and the real estate industry.

After all, the textile industry was his starting industry, and the real estate industry was his most profitable investment now.

Therefore, while he is not very interested in the entertainment industry at present, see if he can take down the theater chain in his hands.

Currently, the film companies in Hong Kong, whether it is Golden Harvest or Shaw Brothers, have their own theater chains.

And Jia Shi, does not have its own theater chain. When the movie is made, it can only find some independent cinemas to cooperate with, and the commission is also high, which is really not cost-effective.

As for the theater chains under Golden Harvest and Shaw Brothers, they only show movies produced by themselves or invested by themselves. They are not interested in the works of competitors like Su Cheng at all.

They just want to use the theater chain to control the Hong Kong film industry.

If Su Cheng wants to achieve great things in the film industry, owning his own theater chain is essential.

"If that's the case, then let's talk in detail another day." Lim Por-yen was quite excited to hear Su Cheng accept his invitation.

After all, the assets of the Lim Por-yen family are not as large as they will be in a dozen or twenty years, reaching hundreds of billions.

Compared with Su Cheng, the gap is still a bit large.