People in Hong Kong create super chaebols

Chapter 350 The Future of Wharf
Today's stock market is over, but the news that Su Cheng became the second largest shareholder of Wharf and the news in the stock market did not stop there.

Even though the current newspapers have not reported this matter, basically all the citizens of Xiangjiang have heard about it to a greater or lesser extent. People are talking about this matter everywhere in the streets and alleys.

Through relevant personnel's intentional or unintentional disclosure of the details of Sioux City's purchase of Wharf shares, many people soon learned that Sioux City purchased 5% of the Wharf shares with a capital of HK$29.87 million.

It can be said that Jardine and Land sold their stocks to Sioux City at a very loss price.

But the funny thing is that after the news of Jardine Matheson selling shares spread, the stock price rose four to five times in just half a day.

Today, investors who hold Wharf stocks have made big profits.

In comparison, Yihe seemed as funny as a clown in this matter.

Many stock investors have been talking about this. Niu Bijian, the chief executive of Jardine, has naturally become the protagonist of the discussion. After all, he is also the protagonist of this transaction.

This is definitely another victory for Chinese businessmen.

Changes in the stock market naturally spread to Nie Bijian.

Hearing the news, Tui Bijian was almost so angry that he vomited blood.

Selling Wharf stocks, don’t you regret it after turning a corner?
To be honest, he actually regretted it quite a bit.

However, the current situation forced him to face the facts and selling Wharf stocks was the best choice.

As for the sharp rise in Wharf's stock, he understood very well that the rise was not due to Wharf itself, but to Su Cheng, who was recognized as the world's richest man.

What Tui Bijian regrets is why he sold all his stocks in the first place.

It would be a good idea to keep a few points of stocks, so that by this time, he would be able to make a lot of money.

It's a pity that there is no regret medicine in the world. Once he sells it, he sells it and he can't regret it.

But after this incident, Nie Bijian's authority in Jardine Matheson plummeted. This was definitely a very dark day in his career. Even when Wharf lost the competition, it was never so embarrassing.

After saying goodbye to the big guys, Su Cheng chatted with the charter king for a long time in the office of the Wharf headquarters building.

The topic of conversation was nothing more than the chartering king telling Su Cheng about his next development plan for Wharf.

Wharf's next development will focus on the real estate industry.

Su Cheng naturally fully supports this.

In the following decades, Wharf developed very well in the real estate industry.

After all, it itself owns a lot of land in Hong Kong areas and has inherent advantages in developing the real estate industry.

Su Cheng still very much recognized the charter king's future development plan for Wharf, so he didn't make too many comments.

He has no intention of participating in the management of Wharf. Of course, it is still necessary to send a financial officer to supervise the market.

After all, Su Cheng spent HK$5 million in real money at Wharf, and those who should be supervised still need to be supervised.

Su Cheng believed in the Charter King, but not necessarily his men.

From now on, [-]% of the profits generated by the Wharf Group belong to Suzhou City.

Therefore, Su Cheng naturally has to keep a close eye on it.

Therefore, it will naturally be better if there is someone to supervise it. Otherwise, he, the second largest shareholder, would have no sense of existence.

In the future, it is certain that Wharf can bring him a lot of profit dividends, and this has also been confirmed in another world.In the next few decades, Wharf will make a lot of money in the real estate industry.

After chatting with the charter king, the charter king personally took him around the Wharf Cargo Terminal.

The wharf business here has been compressed a lot by Kwai Chung Wharf.

This was originally the largest cargo terminal in Hong Kong.

But as the times advance, the dock business here is destined to be eliminated.

Moreover, on one side of the pier, the future Harbor City is already under construction.

According to the charter king, the Harbor City will be built in stages, and the freight terminal business will gradually be eliminated. In the end, the location of the Wharf Freight Terminal will completely become a commercial landmark.

After all, the Wharf Pier is located at the southernmost tip of the Kowloon Peninsula and the core area of ​​Victoria Harbor. It faces the Central of Hong Kong Island opposite. If such a place is completed, it will definitely become another commercial landmark building in Hong Kong. .

At that time, relying on the leasing of shops will be able to bring a lot of rent to Wharf every year.

Therefore, Sioux City supports Wharf's largest project at present, the development of Harbor City.

These are not things that the Charter King started doing after he took office, but were done by the original Wharf management team.

The development plan was correct. After the Charter King took over, he also recognized their development concept, so he inherited the original Harbor City plan.

Because of this, the original Wharf management team did not drive them away after the Charter King took over, but kept them here.

This management team is still capable.

Of course, the most critical position, general manager of Wharf, has been deprived of by the chartering king. He directly handed over the position to his second son-in-law, Wu Guangzheng.

The original general manager of Wharf had no choice but to leave, because that general manager was sent by Jardine Matheson.

After settling the matter at Wharf, Su Cheng went back directly.

Next, he only needs to send a professional financial specialist to Tianyuan Investment Company to take up the post at Wharf Company, and he will not have to worry about things there.

Before the successful development of Harbor City, Wharf's main income was from the leasing of various properties. It was only rented but not sold. This was also the reason why Wharf's assets were very high but its revenue was not high.

Because of this, Wharf's current profits are not high. This is why Wharf's assets are so high-quality, but its previous stock price was so low. Sometimes, financial statements even show losses.

Of course, even if Wharf loses money, there is no need for Su Cheng, the shareholder, to invest in it.

Based on the current situation of the Wharf Group, if it is really short of money in its account, it can issue corporate bonds. At that time, the lack of money will naturally be easily solved.

Of course, it would be difficult for Wharf, which is managed by the chartered shipping king, to issue corporate bonds.

During the day, Su Cheng spent most of his time outside dealing with Wharf matters. By the time he returned home, it was already night.

When A Mei and Gillian saw Su Cheng coming back, they quickly ordered the kitchen to prepare dinner for Su Cheng.

Su Cheng usually did not intend to take Gillian and Amei out while working. Their duties were more similar to those of the maids in ancient times.

After a busy day, Su Cheng was also a little tired.

After finishing dinner in a hurry, we went back to the third floor to enjoy their massage service.

(End of this chapter)