People in Hong Kong create super chaebols

From an outside perspective, Su Cheng's investment in Cathay Pacific Airways is undoubtedly a major blow to Dragonair.

This incident has caused widespread discussion and speculation in the business circle, with people speculating on the future direction of Cathay Dragon.

However, when some people took a closer look inside Dragonair, they found that the impact was not as great as the outside world imagined.

Since Dragonair was not doing well to begin with, Suzhou's investment in Cathay Pacific would naturally have no impact on it.

Dragonair continued to develop according to its original historical trajectory, trying every means to overcome the obstacles from Cathay Pacific Airways and the Governor's Office, as if the external disturbances had not caused any substantial impact on it.

Su Cheng knew very well that their actions were futile and just a last-ditch struggle.

Most of the routes opened by Dragonair in recent months are concentrated in some remote or economically relatively backward areas.

The market demand in these regions is limited and the consumption capacity is relatively weak, so these routes are destined to suffer heavy losses.

At the beginning, short-term losses were acceptable because Hong Kong Dragon had the support of powerful Chinese and Hong Kong local bosses.

Even if they lose money for one month, two months, or even a year, these big guys may still be able to grit their teeth and persevere.

After all, what they are interested in is the long-term development and potential market value of Dragonair.

They believe that by continuously expanding the market and optimizing operations, Dragonair will be able to achieve profitability in the future and bring them rich returns.

However, over time, long-term losses are sure to cause headaches for these bigwigs.

Not only do they not make any money from their investments, but they are also required to continuously inject capital into it. Such a bottomless pit is hard for anyone to accept.

Some bigwigs will inevitably begin to complain privately and begin to doubt the future of Dragonair.

They began to re-examine their investment decisions and wonder whether they should continue to support Dragonair.

Despite this, some of Dragonair's management do not seem to be overly worried.

They still firmly believe that their decision is correct and think that as long as they persist, they will be able to turn things around.

They believe that as the economy develops and the market changes, routes to these remote areas will gradually become profitable.

They are full of confidence in the future and continue to invest a lot of money and resources to expand their business.

However, reality is often more cruel than imagined.

As the losses continue to expand, Hong Kong Dragon's capital chain will inevitably begin to become tight in a year or two.

Some originally planned investment and expansion projects had to be shelved.

By then, the development of Dragonair will be almost over, and it will ultimately not escape the fate of being acquired by Cathay Pacific Airways.

Su Cheng has never been involved in the development of Dragonair from the beginning to the end, so whether Dragonair makes a profit or a loss, it does not have much impact on him.

For him, the HK$100 million was just lost, and it didn't matter to him whether he kept the shares or not.

His eyes have long been on the wider world, looking for more business opportunities.

In the blink of an eye, it is already October.

In this golden autumn season, Suzhou has no time to appreciate the beautiful autumn scenery.

On October 10, at the invitation of the mayor of Dongjing City, Su Cheng boarded a private plane to visit Dongjing City in Japan.

Speaking of which, Su Cheng hasn't been to Japan for two or three years.

In the past two or three years, Japan's economy and society have undergone great changes, and Su Cheng's business has continued to grow and develop.

His companies have spread across many countries and regions around the world, making him a true multinational entrepreneur.

His business empire covers multiple fields, including real estate, finance, entertainment, etc.

His decisions and actions influence the global economic landscape, making him a legend in the business world.

Junko Sakurada, the woman from Sucheng in Japan, has already made her mark in the Japanese entertainment industry and has become one of the most popular female stars.

Since she switched to the Japanese branch of Namei Entertainment a few years ago, she has been staying in Namei Entertainment. With the support of Su Cheng and the company's resources, her career has been booming and she has now become one of the most popular female stars in Japan.

Junko Sakurada has a charming appearance and outstanding talent.

Her beauty, elegance and charm attracted the attention of countless suitors.

In the entertainment industry, she is the focus of everyone's attention and the goddess in the hearts of countless fans.

But who would have thought that she had already become a woman of Sucheng several years ago.

Although the two cannot be together often because they work in different places, Junko Sakurada's feelings for Su Cheng have never diminished.

Every year, Junko Sakurada would take the initiative to take time out to go to Hong Kong to have a private meeting with Su Cheng and enjoy their sweet time.

During these brief reunions, Junko Sakurada seemed to forget the pressure of work and the troubles of life, and immersed herself in each other's warmth and love.

However, because Junko Sakurada is still at the peak of her career, she has been deliberately maintaining contraception.

This is also the reason why she has not gotten pregnant despite often going to Hong Kong to offer her love to him in recent years.

She knew that her career was of utmost importance to her at this stage.

She didn't want her pregnancy to affect her career development, so she made this choice.

After a four-hour flight, Su Cheng's private plane landed smoothly at Dongjing International Airport.

His arrival alarmed the local government, and even the head of Japan's Ministry of Economy, Trade and Industry came to the airport in person to greet him.

Today, Su Cheng is the largest foreign-invested entrepreneur in Japan. His investment industries are spread all over Japan, such as Dongjing, Osaka, Nagoya, etc.

The billions of Hong Kong dollars invested in previous years have now increased by more than ten times.

If he sells all these assets now, he can directly cash out nearly HK$100 billion in Japan.

This number may sound exaggerated, but it is not at all.

Because Japan's economy has developed too fast in recent years, especially the real estate industry.

In recent years, Su Cheng has allowed companies such as the Su Group and Hutchison Whampoa Group to invest heavily in real estate companies in major cities in Japan.

Today, the real estate businesses of these two companies have become among the top ten real estate companies in Japan.

If the two companies merge, they can even enter the top three!
The Su Group and Hutchison Whampoa Group have demonstrated strong strength and competitiveness in the real estate market in Japan.

With strong financial strength, advanced management experience and excellent market insight, they have quickly emerged as industry leaders.

Their projects are spread all over Japan, covering residential, commercial, office and other fields.

However, Su Cheng did not become complacent about this.

He knew very well that Japan's real estate industry would collapse sooner or later.

That time might still be several years away, but he is fully prepared.

He plans to gradually sell the commercial buildings and properties here at high prices in the next few years to cash in a large amount of funds. Su Cheng's decision is based on his deep insight into the market and long-term strategic vision.

He knew that real estate market booms are often short-lived and that once the bubble bursts, it will bring huge losses.

Therefore, he made plans in advance and prepared to exit the market at the right time to avoid falling into crisis.

Of course, this plan cannot be realized all at once.

Because there are too many industries in Suzhou, they have to be sold gradually.

However, he is not worried about not being able to find a buyer.

After all, Japan at this time claimed that it could buy the entire United States.

This shows how crazy their leapfrog economic development is.

Unfortunately, after a few years, those real estate entrepreneurs will find that their businesses have eventually become bubbles and vanished into nothingness.

Su Cheng knew all of this very well, and he had already prepared a plan to deal with it.

He will ensure the safety of his wealth through reasonable asset allocation and risk management.

During his visit to Dongjing City, Su Cheng received a warm welcome from local governments and businesses.

He participated in many business activities and exchange events, and had in-depth communication and exchanges with local government and corporate representatives.

He shared his entrepreneurial experience and business philosophy, and also listened to the development needs and cooperation intentions of local governments and enterprises.

The arrival of Su Cheng has brought new opportunities and vitality to Dongjing City.

His business wisdom and successful experience inspire local entrepreneurs and provide them with valuable reference and inspiration.

At the same time, he also actively seeks cooperation opportunities with local companies to jointly explore the market and achieve mutual benefit and win-win results.

During the visit, Su Cheng also took time out to visit Junko Sakurada.

The two had dinner together in an elegant restaurant, enjoying a rare moment alone.

The restaurant's environment is elegant and peaceful, with flickering candlelight creating a romantic atmosphere.

Junko Sakurada talked about her work and life, as well as her future plans and dreams.

She shared her experiences and feelings in the entertainment industry, as well as her expectations for future career development.

There was a gleam in her eyes, full of love for life and longing for the future.

Although the two cannot be together often, Junko Sakurada has always had deep feelings for Su Cheng.

She knew that Su Cheng was an important person in her life and her support.

She was grateful for Su Cheng's help and care, and cherished every moment with him.

In this regard, Su Cheng quietly acted as a listener.

Although he didn't have any deep feelings for Junko Sakurada, since he had married her and she was devoted to him, he naturally would not let her down.

He knew that Junko Sakurada's career in Japan was developing very well, but she must be a little lonely in her relationship. After all, Su Cheng was not here most of the time, so he encouraged her.

Su Cheng's encouragement filled Junko Sakurada's heart with emotion and warmth.

She knew that her current achievements and status were inseparable from Su Cheng's support and help.

She looked at Su Cheng gratefully, with happiness shining in her eyes.

After immersing himself in Junko Sakurada for a while, Su Cheng entered his own working state.

He came to Dongjing not just for the sake of filial piety, but because he was invited to visit.

Therefore, the main focus here is naturally on work.

At the same time, he also had to inspect the industries in Japan. These industries that he invested in a few years ago have already brought him a lot of profits.

Today, Japan has become the third largest market under Su Cheng. Apart from the European and North American markets, the Japanese market will bring him the most benefits sooner or later.

Therefore, he still attaches great importance to the Japanese market.

In Dongjing City, a 350-meter-high skyscraper stands in the central area of ​​Dongjing.

This skyscraper is called Su's Building. It was invested and built by Su Group five years ago. After five years, it is now officially completed.

The construction of Su's Building is a huge project that embodies the hard work and efforts of countless people.

From planning and design to construction, every link has been carefully planned and strictly controlled.

This building is not only a building, but also a symbol of the Su Group's strength and achievements in Japan.

This building is enough to show how strong the Su Group is in Japan.

Even the big conglomerates in Japan don’t have such a building, but the Su Group does. This is honor!

This building was completed and put into use in the middle of this year, and it is already the tallest building in the whole of Japan.

Before this, the tallest building was not a skyscraper but a TV tower, the famous Dongjing Tower, which was 333 meters high and built in 1958. It was surpassed by the Su Tower this year.

Therefore, it can be said that the Su Building is far taller than any other building in the entire Japan.

Its amazing height and scale have made it a new landmark in Dongjing City.

Standing on the top floor of the building and overlooking the entire Dongjing City, Su Cheng's heart was filled with emotion.

"How much is this building worth now?" Standing on the top floor of the Dongjing Su Building, overlooking the entire Dongjing City, Su Cheng smiled and asked Yan Yingming, the president of the Su Group's Japanese branch.

"Boss, the current valuation of this building is about 50 billion US dollars, and we spent about 10 billion US dollars in the initial investment to build it!" Yan Yingming replied.

Su Cheng nodded. A market value of 50 billion US dollars was not bad. In a few years, it should increase even more.

All of these will be sold in the future. Although it is the tallest building in Tokyo, he has no intention of keeping it. Cashing out and running away is the best option.

Su Cheng is well aware that the real estate market is volatile and it is wise to cash out in time.

He does not want to get caught up in this bubble crisis, but hopes to maximize his wealth by being able to run away at any time through flexible asset allocation.

I just don’t know how much it can be sold for by then.

He believed that once the Su Group announced the sale of the building, it would definitely attract the attention of many Japanese financial groups.

By then, it will naturally be able to be sold at a good price.

Not only this building, but other commercial buildings, properties, etc. of the Su Group and Hutchison Whampoa are also for sale at a good price.

If we can cash out tens of billions of dollars or even more from Japan, it will definitely be good news for Su City.

He loves to make money from Japan. (End of this chapter)