The rise of Hong Kong's wealthy families

Early October

Eagle Real Estate Company announced that in the first half of 2083, Eagle Real Estate Company, Regal Hotel Company, and Palibo Investment Company suffered a total loss of 2 billion yuan, of which Regal Hotel Company lost 1.2 billion yuan.

This announcement stunned people in Hong Kong. Although it is nothing compared to the Hong Kong dollar crisis, Eagle Real Estate, as one of the top ten real estate companies, has suffered such serious losses, let alone other small and medium-sized real estate companies.

So He Jiahao and Shen Dingqian visited the Great Eagle Center Building in Causeway Bay, hoping to discuss the sale of the Regal Hotel with Luo Yingshi.

"Luo Sheng, long time no see. How are you lately?" He Jiahao held Luo Yingshi's hand with a smile on his face.

Luo Yingshi smiled bitterly and said, "My body can still hold on, but I'm just not in a good mood."

The four of them sat down and chatted for a while. During this period, Luo Kangrui, the second son of Luo Yingshi, looked at He Jiahao intentionally or unintentionally, and seemed to be very interested in He Jiahao, a 25-year-old tycoon.

Luo Kangrui broke away from the family very early and founded Shui On Company, which mainly undertakes building projects under Great Eagle Properties. It can be regarded as surviving under the care of Luo Yingshi, but Shui On Company is not part of the Great Eagle Properties family.

Now his younger brother Luo Xurui is independent from the family and is facing a real estate crisis. Luo Yingshi is old and lacks energy and cannot handle family business affairs in a timely manner. Therefore, Luo Ruikang chose to return to the family and serve as the executive director of Eagle Real Estate Company.

It's a pity that the Eagle Real Estate Company is already heavily in debt. If we don't cut off our arms, I'm afraid the entire Eagle Real Estate will not be able to escape the fate of liquidation. Luo Ruikang has been taken care of by his old father for many years, and naturally he can't watch his father's hard work go to waste.

"Actually, I came here today to ask Luo Sheng if he is willing to sell his Regal Hotel?" He Jiahao said the purpose of this trip.

"He Sheng is really fast. He Sheng just announced the business situation for the first half of the year a few days ago, and He Sheng came to the door immediately." Luo Yingshi said with a smile, "What price is He Sheng going to offer?"

Eagle Real Estate has been cornered. Now it only cares about the price, not who sells it.

"Regal Hotel owns the Tsim Sha Tsui Hotel, the Airport Hotel and some other properties. According to today's market price, I'm afraid the price is between 300-400 million. Regal Hotel also controls Bailibao Investment. I can bid up to 550 million. What do Luo Sheng think? "

Luo Yingshi glanced at Luo Kangrui. Luo Kangrui immediately understood and explained to He Jiahao, "He Sheng, to be honest, my brother Luo Xurui has already left Wei Lisi's Asian Securities Company and came to inquire about the price. Although the price is higher than He Jiahao's. The birthrate is low, but we still hope to let my brother take over.”

In the original history, Luo Xurui and Wei Lis jointly acquired the Regal Hotel in March 1984. Now the butterfly effect has obviously appeared, and Luo Yingshi sold it at a price of 0.9 yuan per share, with a loss of 375 million yuan. To Asia Securities Corporation.

Now if I sell it to He Jiahao, I will naturally not lose money and can still make a little profit.

But He Jiahao is a little depressed. You are planning to sell it to your son, and you still want me to bid. Isn't this "taking off your pants and farting" to entertain me?

"Since Luo Sheng has decided, I'll leave first." He Jiahao chose to leave without hesitation.

After He Jiahao left, Luo Kangrui frowned and said, "It is rumored that He Jiahao is very stingy. Will he take revenge on us?"

He Jiahao is well-known in the Xiangjiang circle for his vengeance, and Luo Kangrui's worries are not unreasonable.

Luo Yingshi was silent for a moment, maybe because he was old and couldn't think so fast. Luo Kangrui waited quietly, not daring to be a little impatient.

Luo Yingshi shook his head and said, "He Jiahao has a very unique character. He is not a particularly tolerant person, but he is definitely not a stingy person. Most of the rumors outside are spread by the Li family. If I were He Jiahao, I would also I will definitely take revenge on the Li family. This time I just asked him the price and didn’t agree to it, so how can I take revenge?”

"Well!" Luo Kangrui sighed, "He Jiahao is only 25 years old. He has such achievements at such a young age. It will be even more immeasurable in the future. Fighting with such people in the ring will make the Lee family a little dizzy."

Luo Yingshi smiled and said, "Li Mingze has been domineering all his life. I thought that in the 1950s and 1960s, everyone would give him Li family face. Unfortunately, he hit the iron plate this time. I suspect that He Jiahao saw it early." Today's crisis has led to the temptation of Lee Ming-ze to acquire high-priced properties in Causeway Bay, putting the Lee family in trouble."

Speaking of this, Luo Kangrui took a breath. This chess game is so big. He Jiahao wants to swallow the entire Hysan Industrial Company.

He Jiahao, who was sitting in the car, smiled regretfully and said, "It's still a little late!"

Shen Dingqian thought for a while and said, "Boss, we can absorb the shares of Regal Hotels in the market. Anyway, the proportion of shares held by Regal Hotels held by Great Eagle Real Estate is not very high."

He Jiahao glanced at Shen Dingqian, shook his head and said, "No need, there are many good things on the market, there is no need to be such a bad person, plus the Luo family is not a Li family, Luo Yingshi's five sons are not easy to mess with, we Hua Spend more time and energy acquiring quality properties.”

Luo Xurui alone is already very powerful, and with the addition of the four brothers, even if He Jiahao can gain the upper hand, he will still have to pay the price, so why bother? Just a Regal Hotel.

"Yeah!" Seeing that the boss had made up his mind, Shen Dingqian put aside the idea and talked to the boss about the Land Company.

Although Land Corporation was the king of debt and was undergoing a 'renewal', Simon Keswick was a capable person and stabilized the stock price in just over a week, making investors believe in him.

"To continue the secret purchase, we must win over the Land Company." He Jiahao thought for a moment, "There are many bankrupt companies now, and many people are unemployed. Please work harder. We are now starting to recruit some talents to prepare for the Land Company."

"Yes, boss!" Shen Dingqian replied excitedly. He felt that he might be the chief executive of Land Company. After all, this is how Huo Jianning became the chief executive of Hutchison Group.

The mutual control of Jardine Matheson Land was created by Nubican, which makes the acquisition more difficult. However, now that the two companies are in debt, He Jiahao will soon become rich. Although the situation of Jardine Matheson Company is better than that of Land Company, it is still It can't get billions in cash, not to mention that HSBC is now demanding debts from it. In other words, no matter what happens to Jardine Matheson Land, it won't be able to borrow a large loan.

The Land Company is carrying out the construction project of Exchange Square again, which still requires a large investment of funds, making the already difficult financial situation of Land Land even worse.

The debt ratio of New World Development is about 30%, but the cash flow is not much. Now is the time when the financial problem has just been solved. Banks will not lend large amounts of funds. Huanghe Industrial Company has a lot of cash flow, but Li Jiacheng It's a thief. He Jiahao doesn't want to bring Li Jiacheng in so quickly. He needs to accumulate enough capital first.

As for Sun Hung Kai Company, most of its cash is spent on land reserves in the New Territories, so bringing it in seems to have little effect.

He Jiahao was again thinking about when to close his investment in the U.S. stock market. High-tech stocks would have a decline in early 1984, and it would take a long time to sell off more than 2 billion U.S. dollars of stocks, but he also wanted to make more money. , so the time needs to be precise.