We're building a super chaebol in Hong Kong

Su Cheng was a little surprised, not expecting that he would be one of the later arrivals.

As soon as he entered, many bigwigs greeted him warmly.

Many of those present were old friends of his. Among them, Newbigging, Swire, John Marden, and others had recently negotiated deals with Su Cheng privately and ultimately reached agreements.

Now, everyone in Hong Kong knew that Su Cheng had spent several billion dollars buying a lot of properties this month.

Because every time he reached a deal with these bigwigs, the listed companies behind them would quickly announce the news.

In the eyes of many, Su Cheng was simply too extravagant, taking out so much money to buy properties. He was the only one in Hong Kong doing this.

However, the bigwigs present knew that they hadn't gained any advantage in their transactions with Su Cheng. In fact, the deals were all concluded at prices significantly lower than the market price.

But there was no choice. They were all anxious to sell their properties, and there were no buyers. Being able to sell them at all was already good enough. A small loss wasn't a big deal.

As for those transactions below the tens of millions level, it hasn't been announced yet that Su Cheng was behind them, because Tianqi Property Company is just a newly registered company. After the transactions, even if the original owners were listed companies, they only issued a simple announcement.

Therefore, apart from the eight projects worth over 100 million Hong Kong dollars, no one else knows that these have actually become Su Cheng's properties.

As for those properties that don't belong to listed companies, they won't specifically announce them to the outside world after selling them now.

However, everyone has also noticed that the second-hand real estate market in Hong Kong seems to have become much more active recently.

Does this mean that Hong Kong's real estate market is recovering?

This is also one of the main reasons why a small portion of property owners ultimately failed to negotiate successfully with the Hutchison Whampoa negotiation team.

This small portion of owners felt that the price they had offered was already lower than the market price, and Tianqi Property Company was still constantly cutting prices. Plus, the market seemed to be recovering, so some of them ultimately decided not to sell and wait for a higher price later!

Of course, this small portion of properties didn't account for much and could almost be ignored. Su Cheng didn't care after he found out.

Buying and selling is free, and transactions are a matter of mutual willingness. He couldn't possibly force Tianqi Property Company to buy them. There was no need!

Su Cheng also greeted the bigwigs present warmly and chatted with them.

After that, a few more people arrived one after another. Unsurprisingly, they were all bigwigs from British-funded consortia.

Su Cheng was surprised to find that the seat arranged for him by the staff was relatively forward. To his left was Sir Michael Sandberg, and one seat in front of Sandberg was the main seat, which was definitely where the Director of Highways would sit.

Although the Director of Highways' position wasn't significant to the people present, he was the one who convened this meeting today, so the main seat would naturally be occupied by him.

And to Su Cheng's right was Sir Yue-Kong Pao, and further down were Swire, John Marden, and others.

The meeting time had finally arrived.

Su Cheng looked around the entire conference room.

Apart from the official from the Highways Department, twelve business tycoons attended the meeting.

Among them, the bigwigs from British-funded consortia accounted for ten, while the people from Chinese-funded consortia were only Su Cheng and Sir Yue-Kong Pao.

Although, in this era, many Chinese-funded consortia were gradually coming to the forefront, it was clear that these British-funded consortia were still somewhat exclusive towards the Chinese-funded consortia and were unwilling to share some benefits with the Chinese tycoons.

Su Cheng and Sir Yue-Kong Pao had gained the recognition of these British-funded consortia and the government for various reasons, so they were invited over.

Back then, when everyone was pessimistic, Sir Yue-Kong Pao invested in the Cross-Harbour Tunnel, and as a result, it had been open for more than six years and had been making a lot of money every year.

These things had naturally been seen by these British-funded consortium bigwigs.

Therefore, after learning that the construction of the Eastern Harbour Crossing had been approved, these people naturally wanted to get a piece of the pie.

The Director of Highways could be considered to be seeing such a big scene for the first time. These twelve people present were all people he couldn't afford to offend.

Therefore, after the meeting started, the Director of Highways went straight to the topic without saying anything else.

Regarding the investment in the Eastern Harbour Crossing project, Su Cheng was honestly taking a nonchalant attitude.

As long as the project can be built, everything will be fine.

Even if he doesn't invest, it's fine.

Because Su Cheng knew that the Eastern Harbour Crossing was destined not to be able to make as much money as the Cross-Harbour Tunnel. Of course, making a small profit was no problem, but the payback time would be relatively long.

After all, the geographical location determined it.

However, everyone present except Su Cheng didn't think so.

In their view, the Cross-Harbour Tunnel was basically congested during peak hours every day, and one tunnel was far from meeting Hong Kong's needs.

Once the Eastern Harbour Crossing is built, it will definitely divert a lot of the Cross-Harbour Tunnel's traffic. Moreover, the most important thing is that the number of cars in Hong Kong is increasing every year. In the future, there will only be more and more cars in Hong Kong.

Therefore, once the Eastern Harbour Crossing is built, it will definitely make a lot of money. These are everyone's thoughts except Su Cheng, including Sir Yue-Kong Pao and Sir Michael Sandberg.

If they knew that even after the Eastern Harbour Crossing was built, everyone would still prefer to use the Cross-Harbour Tunnel, and the Eastern Harbour Crossing's traffic volume would never catch up with the Cross-Harbour Tunnel, making a big profit would be impossible, and making a small profit would be okay, I wonder what their mood would be?

Perhaps, the sense of gap would be very big!

Of course, Su Cheng knew it was one thing, but he certainly couldn't say it. (End of this chapter)