Hong Kong variety show: Building a century-old family, starting with Hung Hing

"We're not acting alone, but collaborating with other large companies, but don't reveal the specific partners."

This news has once again sparked heated discussions in the market, with everyone speculating about who the partner behind Paramount is.

The market is full of expectations for the acquisition of the Gongbei Bank Building, and Cheung Kong Holdings is also getting restless.

Hong Xiaolian, secretary to the general manager of Cheung Kong Holdings, was instructed by senior management to contact Jiang Tiansheng and invite him to meet for a detailed discussion.

The two arranged to meet at an upscale coffee shop.

When Hong Xiaolian met Jiang Tiansheng, she got straight to the point: "Mr. Jiang, our Cheung Kong Holdings is very interested in the three-story property of the Gongbei Building that you own."

We're willing to acquire each floor for 1200 million yuan. What do you think?

Jiang Tiansheng smiled and said unhurriedly, "Secretary Hong, I'm afraid your price isn't very sincere."

"Given the high level of market attention on the Gongbei Xing Building, as you know, its value is far more than that."

Hong Xiaolian said, "Mr. Jiang, 1200 million yuan is already a very considerable price. Please reconsider."

Jiang Tiansheng shook his head: "Secretary Hong, to be honest with you, I will not consider selling a floor for less than 1400 million yuan."

Upon hearing this, Hong Xiaolian was somewhat surprised: "Mr. Jiang, the price range is a bit too large. You need to give me a reason."

Jiang Tiansheng said earnestly, "Secretary Hong, as you know, Paramount Company has long-term plans for the Gongbei Building, and we have invested a lot of effort and money in the early stages."

Moreover, the market is currently focused on this project, and many people are eyeing these properties. 1400 million yuan per floor is already the lowest price I can accept.

Hong Xiaolian paused for a moment, then said, "Mr. Jiang, I need to report this price to the company and see what their decision is."

Jiang Tiansheng nodded: "Okay, I'll wait for your news. But I also want to remind you that the market changes quickly, and the price may be different in a few days."

Hong Xiaolian hurriedly left the coffee shop and went back to report the situation to Li Jiacheng.

Two days later, Hong Xiaolian contacted Jiang Tiansheng again and asked to meet him.

The two sat down in the coffee shop again, and Hong Xiaolian said, "Mr. Jiang, our company has considered your offer and has agreed to acquire your three-story property for 1400 million yuan per floor."

However, the company requires you to pay the full amount at once.

Jiang Tiansheng thought for a moment and said, "Okay, I agree. Let's arrange the signing of the contract and other related matters as soon as possible."

The two parties discussed the specific details of the transaction in detail, including the payment method and the property handover time.

Jiang Tiansheng remained highly focused throughout, carefully checking every clause.

Hong Xiaolian looked at Jiang Tiansheng and said, "Mr. Jiang, I must say, you have demonstrated strong negotiation skills and keen insight into market dynamics in this negotiation."

Jiang Tiansheng smiled and said, "Secretary Hong, let's talk business. We're all doing this for the company's benefit."

I am very pleased to have reached this cooperation agreement with Cheung Kong Holdings.

After everything was settled, Hong Xiaolian left in a hurry, presumably to go back to the company to report further and prepare for follow-up work.

Jiang Tiansheng sat in the coffee shop, looking at the street scene outside the window, feeling somewhat sentimental.

Through this series of operations, he not only solved the funding problem, but also earned considerable profits for Paramount Company, while consolidating his position in the market.

At the same time, Baide Realty launched seven residential towers, which received an exceptionally enthusiastic market response, and the prices of residential units rose rapidly.

Jiang Tiansheng found Lin Luoqi, and the two discussed whether to follow up on the investment in the office.

Jiang Tiansheng said, "Boss Lin, the residential buildings that Baide Real Estate Company has launched this time are selling very well in the market."

.........

What do you think? Should we follow up with the investment?

Lin Luoqi thought for a moment and said, "Boss Jiang, this market looks quite tempting."

However, as we analyzed before, we did miss the opportunity for further investment this time.

Jiang Tiansheng nodded: "Yes, although we missed it, our previous decisions were based on accurate market judgment, which avoided potential losses."

……

"I think we should publicize the profits from the Gongbei Xing Building project as the profits of the Paramount Company; maybe that can boost the company's stock price."

Lin Luoqi agreed: "Boss Jiang, that's a good idea."

"Using this opportunity to boost the company's stock price will also benefit our future development."

The two then discussed future investment directions.

Jiang Tiansheng suggested, "Boss Lin, I'm thinking of returning the funds to the various companies so we can speculate on different property projects separately."

You see, each company can independently operate some small properties; there's no need for them to cluster together and cooperate.

Lin Luoqi asked, "So how exactly does it work, Boss Jiang?"

Jiang Tiansheng said, "Dehe Real Estate Company can continue to speculate on commercial buildings. I'm thinking of starting with the Wan Chai area."

As for Yiren Realty, you could try promoting shopping malls in Causeway Bay. If that doesn't work, then turn to Kowloon city.

My plan is to hype up luxury homes in the Mid-Levels area.

Lin Luoqi thought for a moment and said, "Okay, Mr. Jiang, this plan is feasible."

By leveraging our respective strengths, we might achieve even better results.

In the afternoon, Jiang Tiansheng and Hong Xiaolian completed the signing and successfully received a check for 4200 million yuan.

As soon as the signing was completed, Jiang Tiansheng announced the transaction with Cheung Kong Holdings and the news of Paramount's profits, hoping to boost the stock price through media publicity.

Back at the company, Jiang Tiansheng began to deal with the funds.

He first split the funds, arranged for people to repay the bank loans, and then returned the profits and principal to the other two companies.

After a series of maneuvers, Paramount Company was left with 1250 million yuan.

Looking at the accounts, Jiang Tiansheng had a new idea in mind.

Acquiring other companies might be more effective in boosting the Paramount's stock price and asset value than speculating on luxury homes. Therefore, he decided to combine private capital with the Paramount to undertake the acquisition.

Jiang Tiansheng approached Liang Botao, hoping to learn more about the company from him.

The two sat down in the office, and Jiang Tiansheng asked directly:

"Mr. Liang, I'm planning to acquire other companies. Could you help me analyze them? What do you think of Zhao'an Real Estate Company and Xinchang Real Estate Company?"

Liang Botao adjusted his glasses and said, "Mr. Jiang, Zhaoan Real Estate Company owns many high-quality properties. These properties are very attractive in themselves, and acquiring them will directly increase their asset value."

Xinchang Real Estate Company has a solid foundation, but it will require more operation and time to fully realize its value.

After listening, Jiang Tiansheng thought for a moment and said, "According to you, Zhao'an Real Estate Company is more in line with my needs."

I plan to acquire Zhao'an Real Estate Company, with Paramount Company and I each contributing half the funds. We will initially invest 1000 million yuan for a covert acquisition.

Mr. Liang, what do you think?

Liang Botao nodded: "Mr. Jiang, this plan is feasible."

However, you need to raise funds quickly. Sneaky purchases are all about speed; you can't give the other party too much time to react, otherwise things can easily go wrong.

Jiang Tiansheng said, "Okay, I understand. I'll go back and make arrangements to raise the funds as soon as possible." Then he left.

The next day, Jiang Tiansheng went to Sun Hung Kai Securities Company and met with Bai Jinyan.

Jiang Tiansheng asked, "Ms. Bai, how are the stock prices of Henglong Company and Jianing Group doing now?"

Bai Jinyan replied, "Mr. Jiang, the stock price of Hang Lung Corporation has been relatively stable recently, while the stock price of Caring Group has fluctuated slightly."

Jiang Tiansheng then said, "Could you also check the stock price of Kowloon Motor Bus Company for me?"

Bai Jinyan said, "Mr. Jiang, the stock performance of Kowloon Motor Bus Company has been lukewarm, and I am not very optimistic about it."

Jiang Tiansheng said, "Miss Bai, I believe that Kowloon Motor Bus Company will see even greater growth in the future."

You used HK$500 million from Paramount Company to secretly purchase shares in Kowloon Motor Bus Company…

Remember, this is an investment, not an acquisition.

Although Bai Jinyan had some doubts, he still replied, "Okay, Mr. Jiang, I'll take care of it right away."

After leaving the securities company, Jiang Tiansheng returned to the office of the Paramount Restaurant.

Su Qishan brought over some property information, which Jiang Tiansheng studied carefully.

Among them, the information on Fu Lok Building, 132 Wing Lok Street, Sheung Wan, attracted his special attention.

The sale price for 50% equity in this building is 2800 million yuan, which is indeed a hefty price.

Jiang Tiansheng asked Su Qishan, "Could you tell me more about the situation at the Fule Building?"

Su Qishan said, "Mr. Jiang, this building has a good location and complete supporting facilities, but the price is a bit high."

Jiang Tiansheng nodded: "Yes, I understand. This is indeed a high-quality property, but we don't have enough funds right now, so we need to think about it some more."

Ultimately, Jiang Tiansheng gave up on the Fule Building due to funding issues.

To acquire better properties, they may need to find other solutions, such as selling the company's only remaining tea restaurant.

Jiang Tiansheng summoned Kang Wenyi, the catering manager.

Jiang Tiansheng said, "Manager Kang, the company has made a new decision. We plan to sell our last tea restaurant."

In addition, the catering department will be reorganized into Property Department II, which will be responsible for managing the building's property.

You have two choices: either follow the company's transformation or leave the company. Think it over.

Kang Wenyi thought for a moment and said, "Boss Jiang, I choose to stay. I am willing to follow the company's transformation and work hard."

Jiang Tiansheng said, "Okay, then you will be in charge of the sale of the tea restaurant."

In addition, we will collaborate with the Information Integration Department to explore how to use the proceeds from the sale of the tea restaurant to purchase quality properties.

Kang Wenyi nodded: "Okay, Boss Jiang, I will definitely take care of it."

Just as Jiang Tiansheng was busy arranging these things, he received a call from Bai Jinyan.

Bai Jinyan said, "Mr. Jiang, I have some important news."

The news that Caring Group and Hongkong Land had jointly acquired the site of the former Miramar Hotel wing caused Caring Group's stock price to surge.

Jiang Tiansheng said, "This was within my expectations. The former wing of the Meilihua Hotel's No. 29 store is worth as much as 28 billion yuan, enough to drive a significant increase in the share price of the Jianing Group."

Bai Jinyan then asked, "Mr. Jiang, do we need to adjust our investment strategy?"