People in Hong Kong create super chaebols

"China Automobile Co., Ltd.?" Su Cheng had never paid attention to this company.

There are really too many long-established enterprises in Xiangjiang. Although the area is not large, there are many enterprises with decades of history.

With their long history, established companies are indeed likely to hoard a lot of land.

The same is true for Hong Kong Electric Group, Wharf Group, Hutchison Whampoa Group, etc.

Especially for public institutions, such as Hong Kong Electric Group, the government has provided a lot of convenience for land hoarding in the past.

China Automobile Co., Ltd., as a bus company, is of course also a public institution.

Therefore, according to what Zheng Qingbo said, it is not surprising at all that this company used to stockpile a lot of land at very low prices.

"Okay, I get it. I'll pay attention when I have time." Su Cheng didn't say much to Zheng Qingbo on this issue. If he was really interested in this company, he would eventually hand it over to Tianyuan Investment Company to be responsible for the secret acquisition. , instead of leaving it to Zheng Qingbo to take charge.

Afterwards, Su Cheng and Zheng Qingbo chatted a lot about Tianqi Property Company.

Sioux City attaches great importance to this property company. After all, although the value of these properties may not reach 10 billion Hong Kong dollars now, in the next 20 to 30 years, it will definitely appreciate dozens of times.

Moreover, in addition to the appreciation of the property itself, the rental has also been creating benefits for Sioux City in the past 20 or 30 years.

Therefore, when the money is added up, the benefits created are not as simple as dozens of times, but hundreds of times or even more.

It can be said that Tianqi Property Company is used to create foundation for the Su family.

Even if his other businesses suffer losses in the future, he will still be invincible because he owns Tianqi Property Company. This is his confidence.

After staying at Tianqi Property Company for more than an hour, Su Cheng left.

He did not go upstairs to find Yang Chaoye, but directly asked the driver to take him to Tianyuan Building.

In the car, Su Cheng called Zhang Qizheng and told him that he would be there in a moment and asked him to wait at the company.

Twenty minutes later, Su Cheng arrived at Tianyuan Building in North Point.

In the general manager's office, Su Cheng also saw Zhang Qizheng who was waiting for him.

"Boss, it's a good thing you called me, otherwise I might have gone to the Kowloon Peninsula." Zhang Qizheng said when he saw Su Cheng.

"Oh? What's going on in Kowloon Peninsula?" Su Cheng asked curiously.

"Go to the Xiangjiang Stock Exchange. The trader there called and asked me to come over." Zhang Qizheng said.

"About the acquisition of Huifeng Bank?" Su Cheng suddenly thought of this. Currently, the biggest task of the trading team in Xiangjiang is to secretly acquire the shares of Huifeng Bank.

In addition to those in Xiangjiang, there are traders in the United Kingdom, the United States, and France who are targeting this stock, because this stock is listed on multiple exchanges.

"Boss, your guess is correct. The acquisition of Huifeng Bank stocks has been steadily advancing these days. According to the latest data available, the total number of stocks purchased by the four traders is a full 3.89%. It is expected that next month, the Huifeng Bank stock we acquired will exceed 4%, and we are getting closer to becoming the major shareholder of Huifeng Bank. Today, the trader in charge of Xiangjiang called me to report that there is a stock For relatively large stocks, the price is a little higher than the normal trading price. Let me go over and see if I want to absorb it all at once." Zhang Qizhenghui reported.

Su Cheng looked at the time. It was now half past one in the afternoon, which was still early.

For stocks like Huifeng Bank, it is generally difficult to sell a listed stock if it is higher than the average trading price. Therefore, under normal circumstances, few people will buy a stock whose price is higher than the average trading price in a short period of time. of. The stock exchange's working hours are until four o'clock in the afternoon. If Zhang Qizheng can go there before this time, there will be no problem.

However, Su Cheng still asked: "You're not in a hurry to go over and do something, are you?"

"It's not urgent. The acquisition of Huifeng Bank's stocks is a long-term battle. If we don't rush it for a while, there will be no problem if I go over to check on the situation later." Zhang Qizheng said with a smile.

"Just don't be in a hurry. I just asked you to do something." After Su Cheng finished speaking, he took out a folded A4 paper from his pocket and handed it to Zhang Qizheng.

Zhang Qizheng took the A4 paper and read it carefully.

"Boss, is this the property you intend to acquire?" Zhang Qizheng looked over it briefly and put the paper on the table and asked.

"These are some properties that Mr. Zheng Qingbo, the general manager of Tianqi Property Company, has recently helped me keep an eye on. I took a look and found them to be pretty good. You can find someone to help me investigate them sometime. If they are suitable, they will be purchased at a lower price. If they are not suitable, forget it." Su Cheng said directly.

"Okay, I understand." Zhang Qizheng put the paper away and nodded.

He is very experienced in this matter. When the time comes, he will find the negotiation team of Hutchison Whampoa Group to lower the price and make the acquisition if it suits him.

"In addition, there is one more thing. I may acquire a listed company recently, so be prepared." Su Cheng continued.

"Oh? Which company is it?" Zhang Qizheng became curious.

A company that catches the eye of the boss should not be a small business, but at least a well-known company in Hong Kong.

"China Bus, I plan to control it, but before that I let someone investigate first." Su Cheng didn't hide anything and said it directly.

"China Bus? Boss, do you think of acquiring it so suddenly?" Zhang Qizheng asked strangely.

As far as he knows, although this company is a well-known company in Hong Kong and has stable profits, it is not very profitable, even compared to the Hong Kong Electric Group, because the Hong Kong Electric Group is now involved in various industries such as real estate. It is no longer the public utility unit that only relies on selling electricity to make profits.

As for China Bus, apart from operating bus business, it has no other business.

As the population of Hong Kong continues to increase, the bus business is indeed a profitable industry, but the profits are not very high.

This is also the reason why the stock price of China Bus is low.

"I am interested in a lot of land under the name of China Bus. If I can acquire China Bus, I can control these land parcels at a relatively low price." Su Cheng explained.

Calculated according to the property value announced by the government, the net fixed asset value of China Bus alone reaches HK$15.54 billion in fixed assets. These include a large amount of cheap land.

However, the current market share price of China Bus is less than HK$10 billion.

Moreover, Su Cheng does not need 100% control, he only needs to acquire about 50% of the stock, which is enough.

In other words, if nothing unexpected happens, he only needs to pay 3 to 4 million Hong Kong dollars to control this property worth 15 billion Hong Kong dollars.

This is good business. (End of chapter)