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

Back at the company, Jiang Tiansheng carefully studied the information about the Huahui Building.

He found that the location of the building was indeed slightly inferior to that of the Peak Tower.

"Bo Tao, contact Zhao Shizeng and tell him that the location of the Huahui Building is not ideal, and our maximum offer is 4100 million yuan," Jiang Tiansheng said.

Soon, the two sides sat down at the negotiating table again.

“Mr. Jiang, 4100 million yuan is too low a price, that won’t do,” Zhao Shizeng said.

Jiang Tiansheng said unhurriedly, "Mr. Zhao, you know the location of the Huahui Building. It can't compare to the Shifeng Building. Moreover, buying two buildings at once would put a lot of financial pressure on me. 4100 million yuan is already the highest price I can offer."

After several rounds of negotiations, the two parties finally reached an agreement on a price of 4200 million yuan.

Jiang Tiansheng said, "Mr. Zhao, the Huahui Building is not yet completed. I hope to wait until it is completed before making the transaction, so that I will have more time to raise funds."

Zhao Shizeng nodded in understanding: "Mr. Jiang, no problem. I have confidence in the financial situation of Paramount Company."

After leaving Huaguang Real Estate Company, Jiang Tiansheng and Liang Botao returned to their company.

“Botao, we need to carefully plan the use of funds and repayment schedule. The acquisition of these two buildings is crucial to the company’s development,” Jiang Tiansheng said.

Liang Botao responded: "Okay, Mr. Jiang, I will arrange for someone to make a detailed plan right away."

The next day, Jiang Tiansheng arranged to meet Lin Luoqi in his office. As soon as they sat down, Jiang Tiansheng got straight to the point.

“Loki, while Paramount has achieved some success, it still needs to take some risks to achieve greater development. I plan to acquire the Peak Tower and the Huawei Tower to further increase the company’s market value,” Jiang Tiansheng said.

Lin Luoqi: "Tiansheng, these two projects involve more than 1 million yuan, which puts a lot of pressure on Paramount Company. Is it worth the risk?"

Jiang Tiansheng said, "Luo Qi, I think it's worth it. These two buildings are in a good location."

The acquisition will improve the company's asset portfolio and, in the long run, will greatly help increase its market capitalization.

Lin Luoqi nodded: "Okay, as long as you're confident. By the way, how's the stock market doing lately?"

Jiang Tiansheng said, "I just went to Sun Hung Kai Securities to learn more."

The stock prices of well-known companies such as New World Development, Cheung Kong Holdings, and Hutchison Whampoa are all doing well.

I have decided to invest 1700 million yuan in the stocks of Cheung Kong Holdings and New World Development, hoping to increase the asset value of Paramount Group.

At this moment, Bai Jinyan walked into the office: "President Jiang, after Paramount acquired Zhao'an Real Estate, its market value has exceeded 1 million yuan, and there is still room for growth in the future."

Jiang Tiansheng responded: "Yes, I know. I plan to continue increasing property assets to stabilize the company's stock price."

Furthermore, I plan to spin off Zhao'an Real Estate Company in the future.

Bai Jinyan asked with some confusion, "President Jiang, why do you want to divest Zhao'an Real Estate Company?"

Jiang Tiansheng explained, "This will make the asset structure of Paramount clearer and facilitate its future development."

Bai Jinyan nodded in understanding and left.

Lin Luoqi continued, "Tiansheng, my Dehe Real Estate Company is a bit short of funds, with only a little over 300 million yuan left in the account."

I was originally planning to promote the property on the 7th floor of the Liancheng Building on Queen's Road Central in Central. What do you think?

Jiang Tiansheng thought for a moment and said, "Luoqi, it's not easy to speculate on the property on the 7th floor of Liancheng Building. I suggest you wait for it to appreciate naturally, as that would be less risky."

Lin Luoqi was somewhat disappointed, but still accepted the suggestion: "Okay, let's leave it at that for now."

"By the way, Tiansheng, if the Paramount Company is ever sold in the future, I hope to participate in the acquisition."

Jiang Tiansheng paused for a moment, then said, "Luo Qi, to be honest, I plan to divest Zhao'an Real Estate Company before selling Paramount Company."

Lin Luoqi exclaimed in surprise, "Huh? Sell it off after divesting Zhao'an Real Estate Company? What's left of Paramount Company then?"

Jiang Tiansheng smiled and said, "Even if we divest Zhao'an Real Estate Company, Paramount Company still has other high-quality assets, such as the Shifeng Building and Huawei Building that we are currently acquiring."

Moreover, by that time, the company had already gained a certain market influence and still possessed value.

Lin Luoqi thought for a moment and said, "That's true, such a Paramount company is also attractive."

By the way, you mentioned earlier that you were acquiring the Peak Tower and the Huawei Tower. How much did those two buildings cost?

Jiang Tiansheng said, "The two buildings together cost more than 1 million yuan, and I have already reached an agreement with Huaguang Real Estate Company."

Lin Luoqi exclaimed in shock, "Over 1 million! Tiansheng, you've really got a lot going on."

I'm thinking that it's a bit risky for me to run Kidd Real Estate Company on my own.

"You're very experienced. How about we team up and make some money by acquiring Jide Real Estate?"

Jiang Tiansheng looked up at Lin Luoqi, thought for a moment, and said, "Luoqi, Jide Real Estate has powerful backers, but relatively speaking, it's not too difficult to operate."

"Okay, I'll work with you. My plan is to first acquire shares of Kidd Properties, then create some positive news to drive up the stock price."

Lin Luoqi nodded quickly: "That's a good idea! Tiansheng, then I'll trouble you to put in a lot of effort and help me increase the market value of Jide Real Estate."

Jiang Tiansheng picked up a document from the table and handed it to Lin Luoqi: "Luoqi, take a look at this. There's a warehouse in Sham Shui Po, and I want to convert it into a parking lot. Here's the plan."

Lin Luoqi took the document and quickly glanced through it. "Tiansheng, this project is a bit complicated, involving triad relationships. We need to be careful."

Jiang Tiansheng nodded: "I know this isn't a simple matter. What are your thoughts?"

Lin Luoqi pondered for a moment: "Let me discuss it with my mother first, and see if we can use our family connections to push this project forward."

Jiang Tiansheng continued, "Okay, then you go and get it done. I plan to use leveraged funds from HSBC to acquire shares of Kidd Properties and drive the share price up."

A few days later, Jiang Tiansheng went to HSBC. "Manager, I would like to use 730,000 yuan as principal and apply for a 10x leverage to acquire shares of Jide Real Estate."

The bank manager hesitated: "Mr. Jiang, ten times leverage carries considerable risk. Are you sure you want to do this?"

Jiang Tiansheng said, "I'm certain. I'm confident in the prospects of Jide Real Estate."

Seeing Jiang Tiansheng's resolute attitude, the bank manager said, "Alright then, Mr. Jiang. However, you'll need to sign a series of leverage agreements. Also, at what price do you intend to buy the stocks?"

Jiang Tiansheng thought for a moment: "Just buy it around 0.9 yuan. I'll have someone keep an eye on it, and we'll take action as soon as it reaches that price."

After completing the formalities, Jiang Tiansheng called Zhang Taotao: "Taotao, I applied for ten times leverage at HSBC."

If you bought Jide Real Estate stock around 0.9 yuan, keep a close eye on its neighbors.

Zhang Taotao replied, "Okay, Mr. Jiang, I'll take care of it right away."

Afterwards, Jiang Tiansheng received a call from Lin Luoxun, who asked him to meet at the Peninsula Hotel in Tsim Sha Tsui.

Although Jiang Tiansheng was puzzled, he still kept his appointment on time.

In the hotel's private room, Lin Luoxun and Lin Luoshi were already waiting. Lin Luoxun greeted them with a broad smile:

"Mr. Jiang, I'm so sorry to trouble you with this trip today."

Jiang Tiansheng responded politely, "Mr. Lin, you're too kind. May I ask what brings you here today?"

Lin Luoxun's smile faded, and his expression turned serious: "Mr. Jiang, I heard that you and Rocky are planning to acquire Jide Real Estate Company."

They were even planning to help him increase his market value before selling him. I hope you can persuade Rocky to abandon this plan.

Jiang Tiansheng frowned: "Mr. Lin, this is a collaboration between me and Rocky, why should we give it up?"

Lin Luoxun continued, "Mr. Jiang, if you can help persuade Rocky to give up, I'm willing to sell you two floors of office space in Fu On Building, Wan Chai, at market price. It's a good deal."

Upon hearing this, Jiang Tiansheng decisively refused: "Mr. Lin, my cooperation with Rocky is based on commercial considerations."

Furthermore, I never interfere in other people's family affairs. I cannot accept your condition.

Hearing this, Lin Luoshi, who was standing to the side, immediately became furious: "Jiang Tiansheng, don't be ungrateful!"

My older brother has already given you such good terms.

Lin Luoxun quickly stopped Lin Luoshi: "Luoshi, don't be impulsive!" Then he turned to Jiang Tiansheng, his tone softening:

"Mr. Jiang, please reconsider. This will benefit everyone."

Jiang Tiansheng shook his head: "Mr. Lin, there's no need to consider it. I have my own principles, and I won't change my mind because of this small amount of profit. My cooperation with Rocky will continue." After saying that, Jiang Tiansheng stood up, preparing to leave.

Lin Luoxun wanted to persuade him again: "Mr. Jiang, are you really not going to reconsider?"

Without turning his head, Jiang Tiansheng said, "Mr. Lin, I'm sorry, but my mind is made up." After saying that, he walked straight out of the private room.

Lin Luoshi paced back and forth in the room, his face full of anger, and said to Lin Luoxun:

"Brother, that Jiang Tiansheng is too arrogant! He's just a nouveau riche, yet he dares to refuse our proposal."

Lin Luoxun sat on the sofa, pondered for a moment, and then said, "Luo Shi, don't act rashly."

Jiang Tiansheng now has considerable business power, so it won't be easy for us to directly attack him commercially.

Moreover, hiring someone for revenge, once exposed, would severely damage the Lin family's reputation; it's unacceptable.

Lin Luoshi stopped in his tracks, looking annoyed: "So, brother, are we just going to let this go like this? Just watch him and Rocky continue doing those things?"

Lin Luoxun shook his head: "Of course we can't just let it go like this. By the way, Luo Shi, how's the cooperation between Fenggui Development Company and Jiang Tiansheng going?"

Lin Luoshi snorted: "Cooperation? Because of Jiang Tiansheng's actions, Fenggui Development Company has already suffered heavy losses. They have no intention of continuing the cooperation."

Lin Luoxun nodded: "That is indeed an opportunity. Also, I discovered that Hehong Real Estate Company in North Point is of interest to Jiang Tiansheng's business."

It wasn't very effective; he didn't seem to value it much, even appearing somewhat heartless, and didn't put much effort into it.

Lin Luoshi continued his analysis: "Brother, look at the relationship between Jiang Tiansheng and Luo Qi."

I think Jiang Tiansheng has been secretly advising Rocky, trying to help him gain control of Kidd Real Estate Company.

Lin Luoxun's eyes sharpened: "We can't let them continue like this."

Jiang Tiansheng must be taught a lesson to stop Rocky's rise.

I plan to cause them some trouble by increasing the proportion of Paramount's assets in my portfolio.

Lin Luoshi quickly asked, "Big brother, how exactly do we do it?"

Lin Luoxun said, "I need to plan carefully. I'll start by looking at the asset structure of Paramount and try to disrupt their plans."

Meanwhile, Jiang Tiansheng's business was experiencing ups and downs.

Driven by the positive news, Paramount's stock price rose all the way to 1.83 yuan, with a market value of nearly 1.6 million yuan.

Jiang Tiansheng looked at the financial statements in his hand, but his expression was not relaxed.

Liang Botao walked into the office and said excitedly, "President Jiang, our company's stock price has risen again, and the situation is very good!"

Jiang Tiansheng nodded: "Yes, I know. However, look at the company's debt situation; it's still quite serious."

Liang Botao looked at the report and his expression became serious: "Yes, the debt exceeds 8000 million yuan, which is no small amount."

Jiang Tiansheng continued, "I just announced the acquisition of Sheung Wan Peak Tower from Wah Kwong Properties, and the share price has further broken through HK$1.9, with a market value of over HK$1.6 million."

Although the current upward trend is strong and it seems poised to break through 3 yuan, reaching a market capitalization of 2.6 million yuan, we must not be misled by appearances.

Liang Botao asked, "President Jiang, what do you mean?"

Jiang Tiansheng said, "Unresolved debt issues will always be a major hidden danger."

Even if the Peak Tower is used as collateral for a loan, there will still be at least a 10% funding gap.

I can only hope that my stock market investments will bring in sufficient returns, but a 76% return is easier said than done.

Liang Botao also sighed: "The pressure is indeed considerable, President Jiang. We need to find ways to increase revenue and reduce expenditure."