People in Hong Kong create super chaebols

After being apart for more than ten days, Lin Haoran couldn't help but feel a strong sense of homesickness.

In the past, he did not have a deep attachment to his home. After all, those women were just his lovers, and his parents were no longer around, which meant that he was actually the only one left in the family.

However, since the birth of the first little life in the family, everything has changed quietly.

A seed called "concern" began to be planted in his heart.

With the arrival of the second and third children, this seed not only took root and sprouted, but also thrived, turning into a strong sense of responsibility and deep longing.

Whenever he was away from home, his heart was filled with infinite attachment to his children and their mother. It was a sweet yet slightly sour feeling.

Perhaps, this is the price of growing up and the most precious emotional experience in life - because of love, there is responsibility; because of responsibility, we cherish the warmth of home even more.

Therefore, after enjoying a few days of family reunion, Su Cheng turned his attention back to company affairs.

Thanks to the efficient management of his capable assistants, he was able to play the role of a behind-the-scenes executive without having to interfere too much in daily operations.

He understands that possible betrayal and corruption within the company is a dark side that is difficult to completely avoid.

But Su Cheng had already laid a tight net. Through spies throughout various companies and the intelligence team led by Brother Wu, he successfully exposed and handled many corruption cases involving middle and even senior managers, ensuring that these corrupt officials were punished by law and sent to prison one by one.

Whenever such incidents are exposed, Su Cheng will have people inform all its subsidiaries internally as a warning to all employees, emphasizing the importance of corporate integrity culture.

Fortunately, so far, such problems have not occurred in the core leadership of various groups and companies, thanks to his strict supervision and prevention mechanism.

However, once a senior leader crosses the red line, he will never be lenient and will punish him severely in accordance with company regulations and laws.

It is this determination and fairness that allows him to confidently hand over the company to the team for independent development while maintaining a keen insight into and effective control of potential risks.

These managers who are capable of taking top positions are all leaders in the industry, and their talents and abilities in business management far exceed those of Su Cheng itself.

It can be said that if Su Cheng did not have Xiao Ai's extraordinary help, even with his limited predictive ability and hard work, he might only be able to achieve a small career in Hong Kong and become a well-known rich man.

However, the turning point of fate lies in Su Cheng's journey of time travel and the "golden finger" of Xiao Ai that comes with it.

This change completely changed the trajectory of his life, and his achievements seemed to have wings, rapidly climbing to unprecedented heights.

In just a few years, he not only achieved a leap in personal wealth, but also emerged on the global business stage and became an influential business tycoon.

All this is thanks to the help provided by Xiao Ai, which allows his dreams and visions to go beyond his imagination and become reality.

The benefits of being a time traveler allowed him to achieve unimaginable achievements.

On September 9, Su Cheng stepped into the office building of Tianqi Property Company.

The company is currently led by new general manager Zhong Xun, who has been working diligently in the position for more than a year.

The properties managed by Tianqi Real Estate mainly come from Su Cheng’s foresighted investment between 1978 and 1979. The properties he carefully selected and acquired during that period have now become an important part of his assets.

Since then, Tianqi Property has not significantly expanded its property portfolio, but has instead focused on the optimization and management of existing properties.

Because Su Cheng knew that in the next two years, real estate prices would rise like crazy, but would soon fall sharply.

During that time, Su Cheng had the keen foresight to know in advance that when the Hong Kong real estate market was still immature, he acted decisively and purchased a large number of properties.

At that time, the total market value of these properties had reached more than 10 billion Hong Kong dollars, demonstrating his extraordinary vision and courage.

Now, time flies. From 1979 to 1981, Hong Kong's real estate industry experienced unprecedented booming development, and housing prices soared like a runaway horse.

Every penny invested by Suzhou in the past was like a seed sown, which bore abundant fruits under the nourishment of time.

According to current property price estimates, the total value of properties that were once worth more than HK$100 million has now soared to more than HK$40 billion, which is an astonishing amount.

The main business of Tianqi Property Company has now transformed into professional property leasing and rent management.

Relying on the high-quality property resources at hand, the company operates stably and continues to bring considerable profits to Suzhou.

This investment story not only witnessed the rapid growth of personal wealth in Suzhou, but also profoundly reflected the tremendous changes in Hong Kong's real estate market in the past two years.

"Boss, please take a look. This is our rent collection summary for last month." Zhong Xun handed the prepared rent collection report to Su Cheng with a respectful look on his face.

Su Cheng nodded slightly, took the report, and his eyes quickly scanned the numbers.

Last month, the performance of Tianqi Property Company was quite impressive, with rental income reaching HK$2.32 million. The rental income from these properties alone has exceeded the million mark, which is truly extraordinary.

However, compared with the income from rental, the increase in real estate value itself is the most terrifying.

Looking at these figures, Su Cheng secretly sighed in his heart that the value of these properties had increased almost exponentially, allowing him to "earn" hundreds of billions of Hong Kong dollars for nothing without realizing it.

However, he also knew that the current prosperity was just part of the cyclical fluctuations of the market and would soon fall sharply.

"Well, Manager Zhong, you guys did a great job." Su Cheng gently put the report back on the table and encouraged with a smile. "Boss, I have something I want to tell you in detail." Zhong Xun's tone was a little cautious.

Su Cheng smiled slightly and encouraged: "Okay, Manager Zhong, just go ahead."

He indeed didn't come here often, and had met Zhong Xun only a few times, but he could feel the other's dedication and professionalism every time they met.

Zhong Xun continued: "Recently, I have observed that the real estate market in Hong Kong seems to have entered a period of adjustment since April and May. Although house prices have not yet fallen, the upward momentum has obviously weakened, which is very different from the rapid growth in the past two or three years.

What is more noteworthy is that the participation and transaction prices of land auctions have declined. At the same time, I also noticed that some British consortiums began to show signs of withdrawal, which exacerbated market uncertainty.

Based on these observations, my personal judgment is that Hong Kong's real estate market may be at a turning point, with a greater risk of collapse. Of course, this is just my speculation, and the specific situation needs further observation.

But I would like to remind the boss that if we have sufficient awareness of this risk, we may consider selling some properties in a timely manner before the market collapses to avoid potential crises and ensure the safety of the company's assets. "

After Zhong Xun finished speaking, he seemed a little nervous. After all, such a suggestion involved major decisions of the company and was based on a series of unverified speculations.

But after hearing this, Su Cheng showed a look of approval.

"Manager Zhong, your analysis is very accurate and far-sighted." Su Cheng nodded seriously. "We must remain highly vigilant and have keen insight into market changes. I will seriously consider your suggestions and make a decision after consulting with other senior executives. Thank you for your dedication to the company's future development."

In fact, the first world oil crisis had a significant impact on Hong Kong's real estate market. Many real estate developers suffered heavy losses in that crisis, and some even went bankrupt.

However, crises often breed opportunities. Those far-sighted real estate developers took advantage of that opportunity to hoard a large number of properties and land at low prices. After the market recovered, the value of these assets soared, bringing them rich returns.

Now, the Second World Oil Crisis has just ended, and the price of oil has not fallen sharply since it started to rise.

Su Cheng was naturally well aware of all of this, but with his current wealth and status, he no longer needed to accumulate wealth in this way.

More importantly, he understood that excessive speculation might exacerbate market volatility and be detrimental to the healthy development of Hong Kong's real estate market, so he had no intention of selling the property.

However, an idea quietly formed in his mind.

Since all the groups’ headquarters are about to be relocated to the new headquarters in Tseung Kwan O, the existing Su Group Building and Jiayi Film and Television Group Building will be mainly used for rental purposes in the future.

Considering the current delicate market conditions, he may make a bold decision to sell the two buildings.

Such a move will undoubtedly exacerbate fluctuations in the real estate industry to a certain extent, but Su Cheng has his own considerations.

He knew very well that as giants in Hong Kong's real estate industry, the movements of Jardine Matheson and Hong Kong Land Group had a significant impact on the entire market.

The reason why he wanted to acquire these two British groups was that they held a large number of high-quality assets, and these assets might well become the key to determining success or failure in future market changes.

By selling the two buildings, Sucheng will not only be able to recover some funds and provide more flexible financial support for the group's development, but will also be able to influence market expectations to a certain extent and create favorable conditions for subsequent layout.

The main business of the Hutchison Whampoa Group is real estate. Once the real estate industry collapses, the share price of Hutchison Whampoa will naturally plummet. At that time, he will take advantage of the opportunity to buy up the shares of the Hutchison Whampoa Group at a low price, thereby achieving the goal of controlling Hutchison Whampoa.

Su Cheng has long been a major shareholder of Jardine Matheson and Hong Kong Land Development, and has been secretly absorbing shares of these two groups over the past two years. The shares he holds are already sufficient. If he is willing, he may be able to launch a challenge for Hong Kong Land's controlling rights now.

However, Su Cheng's target has always been more than just the Hutchison Whampoa Group. He has also set his sights on Jardines. If he launches a competition now, he can only get Hutchison Whampoa. The mutual holding between Jardines Whampoa Group and Hutchison Whampoa is still ongoing, and the final goal of mutual holding of 40% has not been reached. Therefore, with the shares he currently holds, he cannot snatch Jardines.

This is getting off topic, it's not the right time yet.

"Okay, Manager Lin, you immediately release the news to the public, announcing that Tianqi Property Company intends to sell the Su Group Building and Jiayi Film and Television Group Building. As for the reason for the sale, we will be transparent and directly explain that it is because the group headquarters will be relocated to Tseung Kwan O, resulting in these properties being idle, so the decision to sell has nothing to do with any other factors.

At the same time, I will communicate with Mr. Yang Chaoye and Ms. Liang Shuyi about this matter to ensure that they understand and support this decision. "Lin Haoran instructed concisely.

He knew what he was doing and was well aware that although he had abundant property resources, if he sold them all at once, it would cause an immeasurable impact on the Hong Kong real estate market and might even cause a collapse. Such consequences were definitely not what he wanted to see, and he was even less willing to bear the blame for it.

Therefore, he chose a more cautious strategy and only sold some properties, such as the Su Group Building and the Jiayi Film and Television Group Building. Such a move can not only bring a certain amount of capital return to the company, but also affect the market structure to a certain extent. The impact on the overall market is relatively controllable and limited to a few consortiums that may be interested in it.

In this way, we can achieve our goal and avoid unnecessary risks and accusations.

After the real estate crisis breaks out next year, maybe he will be able to buy it back again at a very low price. This buying and selling will not only slightly accelerate the outbreak of the crisis in Hong Kong's real estate industry, but will also make a lot of money invisibly.

Although Su Cheng has a lot of money now, so much that he doesn't know how much money he has unless he counts it.

But who would complain about having too much money?

"Okay, boss. I will release this matter today. Although the current market is not as active as before, it shouldn't take long to sell these two buildings. And there shouldn't be any problem selling them at the market price." Zhong Xun said.

The Su Group Building, formerly the Federal International Building, is very famous in Hong Kong. It was once the tallest building in Hong Kong for a period of time. Its popularity alone can attract many buyers who are interested in purchasing it.

As for the Jiayi Film and Television Group Building, formerly known as the International Building, it is also quite famous in Kowloon.

"Okay, thank you for your help. Your suggestion is very good. After selling these two buildings, I will give you a personal bonus." Su Cheng said with a smile.

Although he knew that the real estate crisis would break out, Zhong Xun was able to sense the coming of the real estate crisis through a few things and reminded his boss to sell the property quickly. This shows that Zhong Xun is very talented and good at giving advice. Such a talent deserves his reward.

Zhong Xun was delighted and said quickly, "Thank you, boss." (End of this chapter)