We're building a super chaebol in Hong Kong

"Breaking news! Billionaire Su Cheng spends billions to acquire properties like the Federal Building, International Building, and Wharf Freight Terminal!"

"British-owned trading house sells off properties again, Su Cheng becomes the biggest winner!"

… …

With the completion of several major deals, the *Oriental Daily News* and *Knight-Errant News* published a series of insider articles while other media outlets were still unaware of the news.

The parties that Su Cheng made deals with were basically all listed companies. When these companies completed transactions, they would announce the transaction details. Even if they wanted to hide it, it was basically impossible.

Therefore, it was better to maximize the benefit and let their own media outlets publish the news, which could also bring them enough attention.

Sure enough, after the *Oriental Daily News*, *Knight-Errant News*, and other in-house media outlets published these articles in their latest issues, sales also began to increase significantly.

And on the streets of Hong Kong, citizens also began to discuss it.

The average person was happy to see Su Cheng buying these large properties.

After all, these properties originally belonged to foreign-owned companies. Now that Su Cheng has acquired them, they have become Chinese-owned assets, instantly boosting national pride.

Su Cheng was only buying a few large properties in his own name, which did not have a significant impact on the overall real estate market in Hong Kong.

The negotiation team at Tianqi Property Company was not using Su Cheng's name to make acquisitions. Therefore, apart from the properties announced by the media, the owners of other properties still under negotiation were unaware that Su Cheng, the world's richest man, was buying up Hong Kong properties on a large scale. Otherwise, it might not have been easy to acquire them, and that would directly change the market conditions of Hong Kong's real estate industry.

If even the world's richest man is optimistic about the future of Hong Kong's real estate market, what is there to fear?

These things can be announced after Tianqi Property Company has basically settled things. It is not appropriate to announce them at the moment, as this would disrupt the work of the negotiation team and increase the difficulty of negotiations.

One day later, Jardine Matheson and Hongkong Land's land in Central, the Hongkong Land Freight Terminal in Sheung Wan, and Wheelock and Company's Federal Building and International Building were all successfully transferred to Tianqi Property Company.

And Su Cheng was also very straightforward, directly paying them the funds that were due.

Next, Su Cheng visited the heads of companies such as the North Pacific Ocean Group and Swire Group one by one.

He was very fast. After a week, all eight properties with asking prices of over 100 million Hong Kong dollars were negotiated by Su Cheng and successfully transferred. Tianqi Property Company also successfully took over these properties.

The results were also very good.

Originally, the total value of these eight properties worth over 100 million reached 6.957 billion Hong Kong dollars, but after Su Cheng wielded his big knife and slashed around, he ultimately saved 978 million Hong Kong dollars.

In other words, Su Cheng ultimately spent 5.979 billion yuan on these eight properties, saving a full 14.06% of the funds.

The intelligence department of Tianhe Bodyguard Company deserves a lot of credit for being able to save nearly one billion Hong Kong dollars.

With the information provided by the intelligence department, Su Cheng knew exactly what difficulties and shortcomings these owners were facing.

In this way, Su Cheng was able to slash prices smoothly every time.

The progress of Hutchison Whampoa's negotiation team was also very good. In just one week, they settled with more than 100 owners, accounting for a quarter of all properties.

And according to the data they compiled, the total price of this quarter of the properties was reduced by 13.78%, which was slightly less than Su Cheng's price reduction ratio, but Su Cheng was very satisfied.

After settling these eight properties, Su Cheng became idle again.

Su's Group began to relocate after Su Cheng acquired the Federal Building.

Since an agreement was reached with Hongkong Land, although the old Su's Group Building now belongs to Hongkong Land, the right to use it still belongs to Su's Group for the next three months. They have three months to prepare, so they are not in a hurry and can move slowly.

On the morning of April 7th, people working near Central were surprised to find that the front of the Federal Building was temporarily cordoned off, and the name of the Federal Building was being dismantled by workers.

By noon, the four large characters of "Su's Group" had been replaced.

Although the reputation of Su Cheng's Group was already big enough, it was not easy for everyone to see the headquarters of Su's Group in Hong Kong before, which also made Su's Group seem too low-key.

Being low-key is not a good thing for a company.

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Therefore, now that such an eye-catching sign has been replaced, coupled with the location of the original Federal Building, Su's Group finally has a headquarters worthy of its name.

Of course, the current Federal Building has been renamed Su's Group Building. In the future, on the map of Hong Kong, the name Federal Building will also be removed and replaced by Su's Group Building!

On the top floor of the Su's Group Building, on the 31st floor, Su Cheng and Yang Chaoye were standing in a reception room on the high rooftop, overlooking Central and the Kowloon Peninsula on the opposite side, and they were in a particularly good mood.

Of course, the current Federal Building is clearly behind some of the new buildings around it in terms of height. After all, Central itself is the core CBD of Hong Kong, and this is where the skyscrapers of Hong Kong are most concentrated.

Even so, both of them were already very satisfied. At least, compared to the eight-story old Su's Group Building, this building is temporarily sufficient.

Perhaps because of the expensive rent, according to the property of the original Federal Land, the 31st floor has been vacant since the previous tenant moved out, and it has been vacant for more than half a year.

After taking down this building, Su Cheng and Yang Chaoye came here to visit.

In the end, the two unanimously decided to use the 31st floor as the headquarters office of Su's Group. This will be the office location for all senior executives of Su's Group.

And Su Cheng also specially reserved a reception room here.

After a week of simple renovation, the 31st floor of the Su's Group Building was brand new.

The overall structure has not changed much, only the general layout has been slightly changed, and then the walls have been repainted white. And the reception room that Su Cheng arranged for himself has all the windows replaced with the latest floor-to-ceiling windows. Looking out from the reception room, you can see a part of the street scene of Central and the scenery on both sides of the entire Victoria Harbour.

The area of the reception room is not large, more than one hundred square meters, but for Su Cheng, it is enough.

(End of this chapter)