Hong Kong: Starting with 10 billion

Chapter 36 Wanda Real Estate and Golden Gate Building (Please collect, recommend and vote)
Question: How much money can you make by investing 2 million Hong Kong dollars in the Hong Kong stock market in the short term?

Answer: About HK$2000 million.

This is all the profit that Fang Hexuan made from letting You Bingwen make short-term investments in the stock market for a week.

He was already satisfied.
Don't ask for too much.

Even if he carefully selected 10 stocks with relatively stable performance,
It's still impossible to make a lot of money.

The Hong Kong stock market has been very bearish in recent years.

Rich people are not willing to participate either.

2000 million out of the 1500 million was taken from retail investors of Wharf Holdings.

mid-March,

The news that Li Ka-shing secretly acquired Wharf Holdings' shares has not yet been revealed.
Fang Hexuan decided to be a good person to the end.

Let You Bingwen buy off several tabloids,

Add some news attention to this Cheung Kong CEO.

In just one week,

Wharf Holdings' stock price rose from HK$39 to HK$43 per share.

The 1.2 million that Fang Hexuan had previously invested (the average entry price was 38 Hong Kong dollars) turned into 1.35 million.

The other nine constituent stocks, with an investment of more than 9 million, only brought a profit of barely 9000 million.

Fang Hexuan stopped when he saw that things were going well.
He is not some financial genius.
Even if you had billions of assets in your previous life,
I am still a layman in the stock market.

This practice of creating chaos outside the venue,

In later generations, it is basically illegal.

With HK$2.3 million in available funds,
Fang Hexuan still didn't stop.

He asked You Bingwen to register a shell real estate company in the name of his mother Lu Qiaoling.
Named "Wanda Real Estate".

You Bingwen has become numb.

He felt like a "puppet" in Fang Hexuan's hands.

But if you let him quit,
He would refuse without hesitation.

joke!

Being a puppet, at least you can witness the birth of a miracle.

Isn't it fun? Isn't it exciting?
Although Wanda Real Estate is currently a shell company,
But a complete team is also needed.

After the core executives arrived,
You Bingwen announced the company’s first project, the Golden Gate Building, on behalf of Fang Hexuan.

Hearing this name,

Executives and ordinary employees were instantly furious.

This is so hot-blooded!
I have to challenge extremely difficult tasks as soon as I get to work.

This job is toxic.

Divide everyone into groups.

Make preliminary preparations for the acquisition of Golden Gate Building.

The building has received mixed reviews in Hong Kong.

It was Golden Gate Construction that beat Hongkong Land.

It was built on a prime piece of land in Central that was purchased from the Hong Kong government.

It was officially completed in 1975.
It was one of the few skyscrapers in the Central area at that time.

In the same year, Jardine Matheson Group acquired Golden Gate Construction.

The Golden Gate Building has become an iconic high-rise rental property under Jardine Matheson.

Before HSBC built its own headquarters building,
It has been renting the basement of the building as its bank vault.

In 1980, Hong Kong Land, a subsidiary of Jardine Matheson, invested HK$7.15 million.
Bought the Golden Gate Building from the parent company.
It can be regarded as revenge for the land seizure by Kinmen Construction, which has become his fellow school.

At the end of 1980, Chen Songqing of Jianing Group invested 9.98 million yuan.
Took over the Golden Gate Building from Hong Kong Land,
As the flagship property of the Jianing Group,
It was renamed "Carrian Centre".

Although Chen Songqing later claimed that a buyer had paid 16.8 billion to buy the Golden Gate Building,

But after the Jianing case was exposed, people knew that
The Kinmen Building has been rotting in Chen Songqing's hands.

Its final fate was that it was sold to multiple companies or individual investors in the form of layered sales by the creditors of the Jianing case.

Bank of America also invested in purchasing several floors as its own office space.

They even won the naming rights for the entire building.
That is the "Bank of America Center".

This building is related to many of Fang Hexuan's subsequent plans.

He is determined to win.

At the order of Mr. Fang, who was still on "vacation" in prison,
Wanda Real Estate will be busy with this project for a long time. ······
Chairman's office, Jardine Matheson headquarters, Central.

The then Grand Bannon Newbigin was drinking coffee.

While listening to recent work reports from several subordinates.

"Mr. Chairman, our investment department has received an asset acquisition offer. Please take a look at it."

Newbijian took a document and glanced at it casually.

"Wanda Real Estate? What kind of company is this?"

"A new company that was established less than a week ago also seems to want to enter the real estate market."

“They want to buy the Golden Gate Building?”

"Well, the other party is very sincere and offered 6.5 million Hong Kong dollars as the first offer."

"How much did Kinmen Construction spend on this project in total for land and construction?"

"I looked up the data and the total is about 3.8 million Hong Kong dollars, but this is a number from five years ago."

"Does the company currently have any plans for the Golden Gate Building?"

"nothing now."

".If you want to buy it, you can. Ask them to send someone over to discuss it."

"Any special requests?"

"Let the word out to see if there are other buyers."

"I'm afraid this is not easy. It's not that no company has asked for the price before, but few are willing to bid more than HK$6 million."

"That's without competition, let's introduce competition now!"

"Ok!"

"Also, send someone to investigate the background of this company. We can't just let any random person take advantage of Jardine Matheson."

"understand!"

······
Wanda Real Estate.

An investment business executive knocked on You Bingwen's office.

"Yousheng, Yihe has replied to us."

"Oh, what did they say?"

"They are not very satisfied with the price of 6.5 million, but are willing to continue negotiating with us."

"Humph! Mr. Fang had expected this a long time ago. The foreigners are really greedy!"

"They also asked us to send someone over to talk."

"That's the character of the old antique company. They are still using this kind of clichéd 'psychological tactics'."

"So how do we respond?"

"We can talk, or we can go to Jardine's headquarters to talk. As long as we stick to our bottom line, Mr. Fang won't mind."

"Mr. You, is 7 million Hong Kong dollars really our bottom line?"

"Don't ask too many questions. No matter how difficult the negotiations are, our only mission is to hold on to the 7 million yuan."

"Understood!"

······
Two days later,
There is explosive news coming from the real estate industry.

A small company called "Wanda Real Estate",
Wanting to swallow an elephant,
Acquired the well-known high-rise property Golden Gate Building.

One stone stirred up a thousand waves,

Wanda Real Estate has not yet made any progress.
It has already caused quite a stir in the industry.

Many caring people,

They all asked about the background of this company.

There are also some companies that want to fish in troubled waters.
He also took the opportunity to submit an offer to Jardine Matheson to acquire the Golden Gate Building.

After Newbigin learned that his casual move had caused quite a stir in Hong Kong,
Some of them said to their subordinates complacently:

"A dance for two is too boring. A dance for a group of demons is more interesting."

······
After You Bingwen heard the news in the market,

I went to see Fang Hexuan anxiously.
The reply I got was just two words:

Calm down!

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(End of this chapter)