We're building a super chaebol in Hong Kong

After YK Pao left by boat, Su Cheng's life returned to calm.

The inspection trip to Guangdong Province was scheduled for the 25th, so there was no rush, with a few days to spare.

Time passed quickly, and two more days went by.

This morning, Su Cheng was at Hutchison Telecom Tower in Causeway Bay, discussing market expansion with Simon To and Landon Moore.

In reality, it was Simon To and Landon Moore reporting to Su Cheng on the progress of overseas markets.

In Macau, with the cooperation and support of the Macau Governor's Office, the site selection for the signal towers had been successfully completed, and the signal tower construction team was already working on it. Once the mobile signal covered Macau, mobile phones could be sold there.

In Singapore, the local Minister of Communications had also visited Hong Kong the day before yesterday to inspect the mobile signal situation. After the inspection, Singapore decisively signed a cooperation agreement with Hutchison Telecom, aiming to cover the entire Singapore with mobile signals in the first half of this year.

In South Korea, Samsung Group applied to Hutchison Telecom for authorization to use the cellular mobile telecommunications system technology and mobile phone manufacturing technology, with the authorization fee to be discussed by both parties.

…

Everything was developing in a positive direction.

Both Simon To and Landon Moore were full of confidence in the future development of Hutchison Telecom.

Especially Simon To, he was very fortunate that he had stayed, otherwise, he would have missed the opportunity to be in charge of such a promising company.

Hutchison Whampoa was still just a regional group, but Simon To believed that in a few years, Hutchison Whampoa would definitely be a top multinational group.

This was not only because of Hutchison Telecom as a subsidiary, but also because other subsidiaries were constantly developing in a positive direction.

Not to mention a few years, the group's profit this year would definitely amaze many people by this time next year.

While they were talking, Su Cheng's mobile phone rang.

Su Cheng directly pressed the answer button.

"Boss, are you free now?" The caller was Chen Zhibai, the general manager of Oriental Press Group.

"I'm free, just tell me what's up," Su Cheng replied directly.

"It's like this, the initial version of our Hong Kong Rich List has been finalized, would you like to come over and take a look?" Chen Zhibai explained the purpose of the call.

"Okay, I'll be there in half an hour," Su Cheng nodded and said.

He was quite curious about the ranking of this rich list.

So, after hanging up the phone, Su Cheng chatted with Simon To and Landon Moore for a while, and then said goodbye to them.

With Simon To in charge of Hutchison Telecom, there was basically nothing for him to worry about.

Although Hutchison Telecom Tower was separated from the headquarters of Oriental Press Group by Victoria Harbour, the distance was not far, and Causeway Bay was relatively close to the Cross-Harbour Tunnel.

Therefore, after leaving Hutchison Telecom Tower, it only took Su Cheng twenty minutes to appear in Chen Zhibai's office.

"Boss, take a look, this is our initial list." Seeing Su Cheng coming in, Chen Zhibai handed Su Cheng a rich list that had been prepared long ago.

Su Cheng nodded, took the list, sat down in the chair, and started reading.

Unsurprisingly, Su Cheng ranked first on the list, with his assets listed as HK$22.685 billion.

In fact, Su Cheng's assets were of course far more than this amount. If carefully calculated, Su Cheng's assets now definitely exceeded HK$50 billion.

However, he certainly couldn't really reveal all of his details. This data was filled in by Chen Zhibai after asking Su Cheng, and it was a data that Su Cheng could accept.

Anyway, he had already taken the first place.

Below Su Cheng was the well-known YK Pao, whose assets were HK$21.769 billion.

Wharf had just been acquired not long ago, so this had not increased his assets too much.

However, after Wharf developed in a few years, YK Pao's assets could even double, reaching HK$40 billion.

In addition, Fok Ying-tung, Li Ka-shing, Henry Fok, Ronald McAulay, Li Shau Kee, Cheng Yu-tung and other wealthy people Su Cheng knew were all on the list, most of them in the front of the list.

This time, Oriental Press Group ranked the top 100 richest people in Hong Kong.

Therefore, to be on the list, the minimum net worth was more than HK$200 million.

The last time Su Cheng investigated the list of billionaires through Wu Ge, there were nearly two hundred people.

That is to say, there were still dozens of billionaires who failed to make the list.

In this way, the rich list would receive more attention, and these wealthy people would work hard to get on the list in the future.

Otherwise, if Oriental Press Group directly ranked the top 500, not to mention billionaires, some millionaires could make the list.

However, there was no need. At present, Hong Kong only needed a list of the top 100 richest people, which was enough.

In the future, if a world ranking list was compiled, a list of the world's top 500 richest people could be created.

"What is the accuracy rate of this data?" After roughly looking at the list behind, Su Cheng put it down and asked Chen Zhibai.

"According to our estimates, the accuracy rate of the data reaches 80% to 90%. Many people are very interested after learning that this list is led by you, Boss. Many wealthy people basically don't hide anything in order to get a higher ranking on the list, and they expose all their assets. After our investigation, the data is basically consistent," Chen Zhibai reported.

Su Cheng nodded. It was very good to be able to achieve an accuracy rate of 80% to 90%.

After all, Su Cheng knew that even in the world with big data in later generations, those top rankings could not achieve 100% accuracy.

As long as there was a reason behind each of these data, then it could be convincing.

Although Su Cheng's net worth seemed to be reported too low, most of his companies were privately owned, and financial statements did not need to be disclosed, so everyone could not guess the true value of these companies such as the Su Group and Hutchison Whampoa.

After all, it was easy to say if they were listed, and the value of a company could be estimated based on the stock market value.

However, many of Su Cheng's companies were not listed companies, so the market value of this company could not be calculated.

Just like Huawei in later generations, because it was not listed, there was no such thing as market value.

If you really wanted to study its market value, you could only estimate a number. The estimates of each institution were different, so naturally you could not say how much market value it was worth.

Su Cheng's privatized companies were also like this.

(End of this chapter)