Hong Kong Island's wealthy era

Chapter 119 Xinghui Media’s ambitions

The day after Lei Liquan returned to Hong Kong, he came to work at the Chinese Bank.

As soon as he arrived at the door of the office, he saw He Jia and Guan Zhilin standing at the door to greet him.

Seeing that Guan Zhilin was a little nervous, she opened the office door for Lei Liquan and said softly: "Lei Sheng, good morning!"

"This is a job of waiting on people. Do you like doing it?"

Lei Liquan sat on the boss's chair, flipping through the newspaper and asking with a smile.

"What's not to like? I think this kind of work is great!"

Guan Zhilin has been working at Lei Liquan for two weeks, and this is just the first time she has met Lei Liquan.

"Well, learn more from Mr. He, stay with her more recently, and get to know the company first."

"Thank you Lei Sheng for the promotion."

"You go to work first."

"Okay, Lei Sheng." After Guan Zhilin said that, she exited the office, leaving He Jia alone in the office.

"Boss, I miss you so much?" He Jia laid his head on Lei Liquan's shoulder, hugged Lei Liquan from behind and said.

Lei Liquan smiled and said jokingly: "You little secretary, when did you start arranging my private life schedule?"

He Jia boldly sat in Lei Liquan's arms and put her hands around Lei Liquan's neck boldly.

At this time, Lei Liquan's face was getting closer and closer to He Jia's big lantern, and the woman deliberately straightened her body, making him swallow his saliva.

The peaks of He Jia are almost like breaking apart a white shirt. Through the gap, you can even see the white inside.

"Be careful in the office!" Lei Liquan scolded He Jiadao sternly.

"Hehe!" He Jia smiled and moved his body on Lei Liquan's lap.

Then, He Jia said coquettishly: "I dare to arrange the boss's nightlife rights, but I miss you!"

This woman is outstanding in terms of knowledge, appearance, and ability. There is absolutely no need to be a mistress like this.She knew clearly that Lei Liquan was married, but she still flew into the flames, which made Lei Liquan suspect that she was very scheming.

"Okay, I'll take care of you, little fairy tonight!"

"Does the boss like Miss Guan?"

"Well, I'll teach her more in the future."

"Are you asking me to teach her how to make her boss happy, or is it a work matter?"

"Teach them all."

Soon, the two separated. He Jia still knew how to measure, otherwise Lei Liquan would not have fallen in love with her.

After a while, Wu Siyuan came over to report on his work.

"Lei Sheng, the plan for the cinema has been formulated." After speaking, he spread out a floor plan on Lei Liquan's desk.

Lei Liquan took the drawing and looked at it, then asked Wu Siyuan to report the scale of the construction. "The entire movie city is surrounded by an ancient city wall with four city gates. There is a cross antique street in the city, and there are general mansions, Ming Dynasty county offices and martial arts venues."

"The four areas include one office building, ten independent studios, and four dormitories for staff living areas."

According to Wu Siyuan's plan, the movie city is like a small county town in the Ming Dynasty. The city wall towers into the clouds, and the top of the city gate is carved with exquisite patterns and characters. Two ancient streets are distributed in a cross in the ancient city, with antique buildings on both sides. Visitors have traveled to ancient times and felt the charm of ancient culture.

Lei Liquan thought for a while and said, "Well, hurry up and apply for construction approval, speed up the project, and strive to complete the construction of the cinema as soon as possible."

"Okay, Lei Sheng."

Lei Liquan has always wanted Xinghui Media to own the property. Taisheng Real Estate has built the Global Building above the Central MTR station and is preparing to start selling it in strata. It is currently worth 6 million Hong Kong dollars.

However, the market value of Xinghui Media is now close to HK$15 billion. Not only does it have no loans, but it also has a net profit of HK$5000 million every year.

The cash flow on the account is close to 2 million Hong Kong dollars, and the current investment is only one movie theater. In Lei Liquan's view, this is pure waste and a crime.

"The Global Tower built by Taisheng Real Estate on the Central MTR station and the Admiralty Center on the Admiralty MTR station have been completed. Xinghui Media went to acquire them all. The current building value is 16 billion Hong Kong dollars, and the down payment is 1 million Hong Kong dollars. It was paid to HSBC Loan 15 billion."

After Wu Siyuan heard what Lei Liquan said, he couldn't help but feel horrified, and said quickly: "Leisheng, this loan is 15 billion Hong Kong dollars, and the annual loan interest is several hundred million Hong Kong dollars. Will it affect the stock price?"

When it first went public, Lei Liquan proposed to acquire properties. Unexpectedly, the first acquisition was so fierce. Wu Siyuan was obviously unprepared.

Seeing Wu Siyuan's objection to the prophet's proposal, Lei Liquan said in a critical tone: "Don't be surprised. The loan is 15 billion Hong Kong dollars, and the highest interest rate in a year is only 2.25 Hong Kong dollars. Now Xinghui Media has a net income of 5000 Hong Kong dollars a year." Ten thousand Hong Kong dollars, the annual rent of the two buildings is several hundred million, which is more than enough to bear such a small amount of interest, and now the property has increased by 20% per year, which is an increase of more than 3 million, how can it affect the stock price?"

Wu Siyuan and Lei Liquan had already said this, and he did not dare to object. He also knew that the value of Xiangjiang properties had increased significantly in recent years, and there would be no losses. The shareholders should also be happy.

These two buildings were originally planned to be sold off-plan in the middle of this year, but Lei Liquan stopped them because he had already planned to let Xinghui Media acquire them, but Xinghui Media had not yet gone public for financing.

The next day, Lei Liquan and his party came to HSBC to visit Shen Bi and seek HSBC loan support.Shen Bi expressed a warm welcome to Lei Liquan's arrival.

“Welcome Lei Sheng to HSBC.”

"Mr. Shen, I have nothing to do but go to the Three Treasures Hall today."

Shen Bi smiled and said, "I hope HSBC can help Lei Sheng."

Shen Bi is also a devil-may-care person. If there is anything good for him, I can do it. For those who are unsure, I, HSBC, should be able to distinguish between public and private matters.

Lei Liquan told Shen Bi that Xinghui Media was preparing to borrow HK$15 billion from HSBC to acquire Global and Admiralty Center. Shen Bi was also surprised when he heard this.

Lei Liquan then told Shen Bi that the current market value of Xinghui Media is 15 billion, and the two buildings are worth 16 billion Hong Kong dollars.Every year, Xinghui Media's original profits and the rents of the two buildings are more than enough to pay the loan interest.At present, the value of Xiangjiang Real Estate's properties has increased by more than 3% every year, and there will definitely be no bad debts.

Shen Bi nodded while listening and said: "HSBC can issue this loan, but it requires Lei Sheng's personal guarantee."

When Lei Liquan heard that he needed his own guarantee, he wanted to refuse, but Lei Liquan also made a request to HSBC, hoping to reduce the loan interest.

In the end, after bargaining between the two parties, the loan interest was set at an annual interest rate of 12%, and the annual interest payable on the 15 billion Hong Kong dollar loan was 1.8 million Hong Kong dollars.

A few days later, the listed company Xinghui Media announced that Xinghui Media had acquired Global Tower and Admiralty Center for HK$16 billion.

This news shocked Hong Kong and Kowloon, but the stock price performance of Xinghui Media was mediocre.After all, this transaction requires a loan of HK$15 billion and a huge amount of interest, which is both a benefit and a disadvantage.

(End of this chapter)