People in Hong Kong create super chaebols

In property transactions, bargaining is the norm, but this time we actually encountered a buyer who made such a quick decision, which is rare!
"Sell it, we have to hurry up and finalize this matter!" Su Cheng said with a smile.

Having finally found such a rare buyer, we naturally cannot let him slip away easily.

As for the three companies, namely, Great Eagle Group, Regal Hotels & Resorts and Baibao, Su Cheng had some idea about them.

Knowing that Regal Grand Hotel and Bailey's are actually both under the wings of Great Eagle Group, the joint acquisition by the three companies actually means that Great Eagle Group is determined to acquire these two buildings.

However, these complex internal relationships are not important to Sucheng.

All he cared about was how to sell the two buildings smoothly.

Therefore, the top priority now is to focus on ensuring the transaction is completed smoothly.

In just over two years, the two buildings purchased by Suzhou City for HK$16 billion have now been successfully sold at a high price of HK$35 billion, achieving huge profits. This is undoubtedly a lucrative deal.

What is even more remarkable is that during this holding period, the rental income of these two buildings alone has accumulated to HK$100 million to HK$200 million, further demonstrating its strong return on investment.

Comprehensively calculated, this buying and selling operation allowed Su Cheng to directly reap a profit of nearly 2 billion Hong Kong dollars. Even measured by his current huge wealth, this is a very considerable increase in wealth.

There is no doubt that this is an extremely successful investment case, which demonstrates Su Cheng’s keen business acumen and excellent asset management capabilities.

"I understand, boss. I will immediately start to speed up the transaction process with the other party!" Zhong Xun responded without hesitation.

Surprisingly, even though the city was eager to offload the two buildings, the buyers seemed even more eager.

Not long after Zhong Xun finished his report to Su Cheng, Luo Yingshi, the leader of the Eagle Group, personally visited Tianqi Property Company, eager to finalize the transaction details with Zhong Xun as soon as possible.

With full authorization from Su Cheng, Zhong Xun quickly reached a consensus with Luo Yingshi on the transaction.

At the same time, Tianqi Property Company also put forward a reasonable request: it hopes that after the transaction is completed, Jiayi Film and Television Group and Su Group will be given one month to prepare for relocation.

As for other tenants in the building, Tianqi Properties said that this part will be handled by the Eagle Group on its own and is no longer their focus.

Luo Yingshi did not hesitate at all about this condition and gave a positive response readily, which further promoted the cooperation between the two parties.

For the Great Eagle Group, a one-month relocation period is indeed reasonable, and the current priority is to ensure that the two buildings can be sold smoothly.

Although the Eagle Group is quite strong, it is obviously unrealistic to directly use its own funds in the face of such a huge transaction.

However, with their good reputation in the industry and strong financial background, loans have become their preferred solution to solve funding problems.

The Great Eagle Group is well aware that the acquisition of these two buildings is not only an expansion of the company's assets, but also an important step in enhancing the overall strength of the group.

After completing the acquisition, they plan to use the two buildings as collateral to further expand financing channels and thus ensure the stable operation of the group's capital chain.

Against the backdrop of the continued warming of Hong Kong's real estate market, Luo Yingshi is full of confidence in his judgment of the market.

As the market continues to prosper, the value of the two buildings will double in the next year, and the HK$35 billion invested is expected to increase in value to HK$70 billion.

As for the interest costs generated by the loan, they can be easily covered by the generous rental income brought by the building, thereby maximizing the return on investment.

Therefore, after the transaction was finalized, the Eagle Group quickly prepared and held a grand press conference.

As a listed company, they naturally know that such major transactions must be disclosed transparently to the public to maintain market fairness and justice. Otherwise, if the China Securities Regulatory Commission finds evidence, they will be punished.

At the same time, Great Eagle Group also keenly seized this opportunity, hoping to use the platform of the press conference to not only officially announce the acquisition, but also take advantage of this opportunity to vigorously publicize the group's strength and vision, and further enhance the group's brand influence and market position.

As soon as the press conference was held, it immediately attracted widespread attention and heated discussions from all walks of life in Hong Kong society.

The news that Great Eagle Group, Regal Hotels and Bain & Company jointly acquired Su Group Building and Jiayi Film and Television Group Building quickly became a hot topic on the streets, with media rushing to report on it and public opinion continued to heat up.

This series of positive market reactions is directly reflected in the capital market.

The share prices of Great Eagle Group, Regal Hotels and Bain & Company have all shown an upward trend to varying degrees, and investors are full of confidence and expectations for the future development prospects of the three companies.

In the eyes of the public, the successful acquisition of these two buildings is undoubtedly a dual reflection of strength and vision.

Currently, Hong Kong's real estate market is still generally optimistic and the market is full of confidence. People are optimistic about the continued growth of housing prices and are not surprised by the high premium of this transaction.

Looking back, these two buildings were transferred to the world's richest man, Su Cheng, by the Wheelock Group for HK$16 billion more than two years ago. At that time, the transaction attracted widespread attention and coverage from the media.

Now, in just over two years, their value has doubled. Such market performance has not caused surprise, but is regarded as the market norm, because similar high-premium transactions have been common in Hong Kong in recent years, and soaring housing prices have become the norm.

However, the HK$35 billion deal still stands out, especially when it involves the world's richest man, So Sing, and the renowned business group Great Eagle Group.

For Luo Yingshi, it is undoubtedly a great honor and pride to be able to take over the baton of these two buildings from the richest man. This not only demonstrates his personal business wisdom and courage, but also adds a strong stroke to the future development of the Eagle Group.

Media reporters are well aware that it is quite difficult to interview Su Cheng himself directly, but this has not stopped their enthusiasm for obtaining news.

They quickly adjusted their interview strategy and turned their attention to Mr. Yang Chaoye, President of Su Group, and Ms. Liang Shuyi, President of Jiayi Film and Television Group, hoping to dig out more valuable information from them.

However, the results of the interview left them slightly disappointed.

The views and attitudes expressed by both Mr. Yang Chaoye and Ms. Liang Shuyi during the interview were exactly the same as the official statement released by Zhong Xun, the general manager of Tianqi Property Company, and no additional useful information was revealed.

The two people's rigorous and unified tone made the media reporters realize that Su Cheng and his team did a very good job in keeping the transaction confidential and managing public opinion, or perhaps that was what they meant.

"In view of the fact that the company's headquarters is about to relocate, the old headquarters will no longer be used. At the same time, the construction funds for the new headquarters in Tseung Kwan O are huge. In order to recover part of the funds to support the new project, the company decided to sell these two buildings." This became their unified tone for external publicity, which concisely explained the reason for the transaction. Apart from that, no further details were disclosed.

This huge transaction involving HK$35 billion swept through Hong Kong's business circles like a storm, attracting widespread attention and discussion from all walks of life. The news media rushed to report on it, making this event one of the hottest topics in recent times.

However, as time went on, when the initial shock and curiosity gradually dissipated, the attention of the public and the media began to slowly decline, and the heat of this transaction finally lasted for nearly a week before gradually calming down.

The stock price performances of Great Eagle Holdings, Regal Hotels & Resorts and Bamford Plaza in just one week have been remarkable.

Among them, as the main body of this acquisition, the stock price of Eagle Group has increased amazingly, reaching more than 60%, becoming a highlight in the market.

Even the share price of Regal Hotels & Resorts, which saw a relatively smaller increase, increased by more than 40%, fully demonstrating the market's positive response to the transaction.

Such market performance undoubtedly made Luo Yingshi a winner in everyone's eyes.

His decisive decisions and precise layout not only brought huge profits to the company, but also greatly enhanced the group's market position and influence.

In contrast, those investors and buyers who had shown great interest in the two buildings but missed the opportunity due to hesitation or trying to lower the price may only regret it now.

They may be reflecting that if they had acted more decisively at the beginning, they might be the ones standing on the stage of glory today.

Although Su Cheng had heard a little about the various reactions and comments from the outside world through newspapers and television news, he did not pay much attention to them.

In his opinion, the successful sale of the two buildings for HK$35 billion and the smooth recovery of funds were the best news.

As for the glory and attention that Eagle Group gained from this transaction, Su Cheng had a clear idea in his mind.

He knew very well that this was only a temporary glory in the market cycle. As time went on, Hong Kong's real estate market would soon enter a major crisis.

The development trends that Su Cheng learned from Xiao Ai gave him insight and forward-looking thinking into the market, and also gave him a clear understanding of the future challenges and difficulties of the Eagle Group.

He knew that when the market enthusiasm gradually faded and when the real test came, the Eagle Group might regret its decision today.

But all this is no longer important for Su Cheng, who has already achieved his goal.

He is focused on the next goal, which is how to continue to expand his business territory and achieve greater value and achievements.

Su Cheng always remains calm in the face of all the disturbances in the outside world.

His transaction with the Eagle Group was purely a business cooperation based on the common will of both parties, and the future profits and losses had no direct connection with him.

In his view, the loss of the two buildings was just a temporary adjustment of asset allocation and was not a big deal.

Su Cheng is well versed in market rules. He already knows the crisis that housing prices will face in a year. That will be a good time for him to rearrange his position at a lower cost.

This strategy of selling and buying not only allowed him to make profits easily, but also allowed him to avoid the complicated struggles and disputes in the business world. It was truly a brilliant move.

For Su Cheng, there are many ways to make money, and he chooses the simplest, most direct and efficient one.

After years of ups and downs in the business world, he has long learned how to gain the greatest benefit at the lowest cost. This wisdom and vision are the key to his ability to stand firm in the fiercely competitive business world.

This month, Su Cheng has visited Tseung Kwan O twice to personally oversee the construction progress of the new headquarters.

Today, the area has a brand new look. Not only has the headquarters building been completely completed, but it is also undergoing the final indoor air purification work to ensure that the future office environment is both modern and healthy.

At the same time, the large villa that Su Cheng carefully built for himself has been renovated, and every detail reveals Su Cheng's own taste and style.

From the initial conception of the design drawing to countless in-depth discussions and revisions with the designer, Su Cheng did it all himself, striving to make every detail perfect.

This is not just a villa, but also a harbor for his future life, a place where he can completely relax and enjoy tranquility and beauty.

Su Cheng was naturally full of expectations for this villa.

If nothing unexpected happens, this will become his main residence in the future.

Therefore, he is full of emotion and hope for every corner and every design of the villa, and looks forward to spending every warm and beautiful moment here in the days to come.

Su Cheng has made a decision about the villa on Barker Road: he neither plans to sell it nor consider renting it out.

For him, the current wealth is rich enough, and there is no need to increase income through these means. Let this villa stay there quietly and become a piece of pure land in his heart.

He occasionally thought about how he had spent most of the past ten years, since he traveled through time, in this villa.

This place witnessed his growth and changes, and carries his countless memories and emotions.

Therefore, this villa is more than just a living space for him.

It is more like an old friend, silently accompanying him through the ups and downs.

In the days to come, no matter where he is, he will remember this place and the unique memories that belong to him.

Perhaps, on a leisure afternoon, he will step into this familiar land again and let his mind find a moment of peace and tranquility.

Of course, Lin Haoran also knows that the old must go before the new can come. Although he has feelings for this place, it is better to move away.

Tseung Kwan O will be directly managed as his territory, so it will be much safer for him to live in Tseung Kwan O.

Unlike here on Barker Road, there are not many residents around. If they only rely on their own bodyguards, they may not be able to handle it if someone breaks in. (End of this chapter)