We're building a super chaebol in Hong Kong

After Su Cheng understood the current situation of Tianqi Property Company, he left Tianyuan Building.

He didn't go straight home, but took a newly recruited deputy general manager of Tianqi Property Company and asked him to take him to inspect some of the properties with higher market values.

After all, he had to understand his own properties.

Of course, only those properties worth more than ten million Hong Kong dollars were worth his time to see; as for those worth hundreds of thousands or millions of Hong Kong dollars, Su Cheng was too lazy to go.

He bought properties from more than five hundred property owners, and some even sold several buildings at once, so it was impossible for Su Cheng to see them one by one, and he didn't have that much energy to waste on it.

Even so, there were more than thirty properties that cost more than ten million Hong Kong dollars.

After the boss left, Zheng Qingbo called Li Shuai, the general manager of Xiaoyi Media Company, and Chen Zhibai, the president of Oriental Press Group.

The reason for the call was naturally to tell them that Su Cheng had spent 10 billion Hong Kong dollars to buy properties.

After the call, he sent some information and data to them via fax. Of course, the real transaction price was definitely not sent. This transaction amount was a secret and should not be made public.

As for why it was said to be 10 billion Hong Kong dollars, it was very simple. This gimmick was still good and could definitely attract more attention.

Su Cheng hadn't told him to do this, but Zheng Qingbo felt that these properties were originally worth 10 billion Hong Kong dollars. Buying properties worth 10 billion Hong Kong dollars wasn't a lie. If he found professionals to evaluate them, it would definitely be enough!

The more publicity, the better. In this way, their Tianqi Property Company might be able to attract tenants more easily.

Now, after taking over these properties, Zheng Qingbo's job was very simple: manage the properties under these companies and try to increase the occupancy rate as much as possible.

Rent is the source of income for these properties.

The more rentals, the more income the company naturally has.

In this way, his ability would be more prominent, and he could perform well in front of Su Cheng.

Su Cheng didn't know his thoughts, and even if he did, he wouldn't care.

In Hong Kong, his reputation was already big enough, and he was recognized as the world's richest man on the surface. Spending 10 billion to buy properties was just a temporary hot news for him.

After Li Shuai and Chen Zhibai received Zheng Qingbo's news, they immediately found the best writers in the company and arranged the matter for them.

Properties worth 10 billion, not to mention Hong Kong, would be a sensation even in the whole world!

The next day, with the publication of the matter in two newspapers, all Hong Kong people were shocked.

It turned out that the sudden increase in real estate transactions in Hong Kong during this period was from Su Cheng, the richest man.

Originally, everyone had confidence in the Hong Kong real estate market because of the increase in real estate transaction volume in Hong Kong.

But now, after learning that the reason behind all this was not because the market was recovering, but because of individual behavior, some owners were immediately disappointed.

Especially those owners who ultimately did not reach an agreement with the Hutchison Whampoa Group's negotiation team and did not sell to others suddenly regretted it.

Even big shots like Shen Bi, Niu Bijian, and Bao Ship King were surprised by Su Cheng's large handwriting.

The two newspapers also specifically mentioned some of the properties that were traded.

The original Central Federation Building, Mong Kok International Building, the Central land plot auctioned last year for 2.38 billion Hong Kong dollars, Sheung Wan Swire Wharf, Kwun Tong Tak Tin Industrial Estate, Chai Wan On Lee Industrial Estate, Tsim Sha Tsui Wah Hing Building, Tsim Sha Tsui Kin Chuen Apartment Building, etc.

A truly large handwriting!

In this era, everyone relies on bank revolving loans to continuously invest.

Like Su Cheng, small capital might exist, but such large capital is rare in the world.

Why?

Because the return is too slow.

For example, Wharf Group, the market value of the properties it holds is as high as several billion Hong Kong dollars.

However, if it only relies on rent collection, Wharf Group's annual income is only several hundred million Hong Kong dollars, and it will take at least ten years to recover the invested funds.

In the eyes of ordinary people, it is very good to be able to recover the cost in more than ten years.

However, Wharf Group is, after all, a large group. Relying on a few percentage points of profit a year, it has to repay loans to the bank and invest in other projects, such as Harbour City. How can it survive!

This is why Wharf's true valuation is clearly very high, but its stock price is not high.

And Su Cheng is completely different.

His properties are all purchased with real money, not borrowed, and he has no pressure to repay loans.

These properties can currently collect several hundred million Hong Kong dollars in rent a year, and Su Cheng is also very satisfied.

Ten years later, it is possible to reach two or three billion Hong Kong dollars a year.

Twenty years later, an annual rental income of tens of billions of Hong Kong dollars or even higher is not impossible.

Not to mention anything else, once the tallest building in the world is built on that piece of land in Central, the annual rent will be tens of billions of Hong Kong dollars in the future.

And building a commercial building on the Swire Wharf land in Sheung Wan that can rival Harbour City across the bay will be another source of high rental income.

Thirty years later, an annual income of tens of billions or even hundreds of billions of Hong Kong dollars is too easy.

Therefore, what Su Cheng is counting on is not the current annual rent of several hundred million Hong Kong dollars, but their future!

Others don't have the strength to wait like this, but Su Cheng does!

Although there are many other investment projects in the world, Su Cheng cannot take care of them all.

What's more, it's not like he hasn't invested. Tianyuan Investment Company has been secretly absorbing those stocks with extremely high future price increases.

Therefore, Su Cheng has made many preparations for the future, and these are all considered to be layouts for the future.

Even if Xiao Ai in his mind suddenly disappears from him, he won't panic, because he has made enough preparations for the future!

Su Cheng has been particularly busy these days.

More than thirty properties are distributed in various parts of Hong Kong's city center, and each property is large enough.

Therefore, he can only see five to eight properties at most a day, and then have a general understanding of his properties, so that he won't not know that the property is his own when he comes here in the future.

After five days, Su Cheng finished inspecting his properties that he bought for more than ten million Hong Kong dollars.

After reading it, Su Cheng was filled with emotion.

These properties are distributed in Central, Sheung Wan, Wan Chai, Causeway Bay, Chai Wan, North Point, Tsim Sha Tsui, Mong Kok, Hung Hom, Kwun Tong and other places.

If you include those properties worth several million Hong Kong dollars and hundreds of thousands of Hong Kong dollars, it can be said that his properties have spread all over the city center and suburbs of Hong Kong.

Su Cheng's Hong Kong commercial territory has taken its initial shape!

(End of this chapter)