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

Jiang Tiansheng bluntly stated, "I also hate these kinds of surprises. Miss Li, you're not a bad person, but I'm the kind of person who likes more than one beautiful woman, so we're not suitable to be boyfriend and girlfriend."

Li Bingjun asked, "President Jiang, what is your opinion on the real estate market? Your comments at the dinner were too general."

Jiang Tiansheng said, "I still hold the same view: current property prices are too high and there are risks."

Take the current market as an example. Many property prices are inflated. Once the market fluctuates, there will be big trouble.

Li Bingjun sighed and said, "President Jiang, to be honest, my family business is facing some difficulties."

Our market share in ginseng is declining, and we urgently need to transform our business. I suspect Lin Zuhui wants to bring my family into the real estate industry and also wants to acquire the Paramount Company. I always feel he has something going on.

Jiang Tiansheng continued, "I recommend Dehe Real Estate Company to you."

As you know, Xu Jiawen and Lin Luoqi intend to break free from Lin Zuhui's control.

If your Li family cooperates with them, you might find new opportunities for development.

Dehe Real Estate Company has assets exceeding 2000 million yuan, all of which are tangible assets. For your Li family, it's a good choice to accumulate experience and make money.

Li Bingjun still had some doubts, "President Jiang, is this cooperation feasible?"

Do Xu Jiawen and Lin Luoqi really intend to break free from Lin Zuhui's control?

Jiang Tiansheng nodded. "Miss Li, I'm fairly confident about this matter."

You might want to consider this; it could be an opportunity for your family business to transform.

Li Bingjun hesitated and said, "President Jiang, let me go back and discuss it with my family."

This is a very serious matter; we need to consider it carefully.

Meanwhile, at the Lin family villa, Lin Zuhui, Lin Luoqi, and Xu Jiawen were discussing cooperation with the Li family.

Lin Zuhui spoke first: "I don't think cooperating with the Li family is very meaningful."

Their funds are limited, so they can't be of much use to our Lin family.

Moreover, if outsiders knew that we were cooperating with the Li family, who have limited funds, they might gossip.

Lin Luoqi asked in confusion, "Dad, what do you mean?"

Lin Zuhui said, "I think it would be better to let the Li family cooperate with Jiang Tiansheng, and at the same time test Jiang Tiansheng's attitude towards the sale of Paramount Company."

Xu Jiawen was also puzzled, "Mr. Lin, why would you do that?"

Lin Zuhui explained, "The Li family lacks funds, and cooperating with us won't bring any substantial help."

If we let them contact Jiang Tiansheng, we might be able to find out what Jiang Tiansheng is saying.

Think about it, Jiang Tiansheng values ​​the Paramount Company so much; acquiring it won't be easy for us."

Lin Luoqi offered his idea: "Dad, how about we increase the asset value of Paramount Company by taking out debt? That might increase the possibility of an acquisition?"

Lin Zuhui shook his head. "Loki, you're thinking too simply."

Jiang Tiansheng isn't stupid; he might try to raise funds through the stock market to increase his assets. If he does that, it will make our acquisition of the 727 Paramount Company even more difficult.”

Jiang Tiansheng returned to his mansion in the Mid-Levels, where his family sat together.

Luo Qixing brought up the recent news, "President Jiang, have you heard? Yulang International is acquiring a printing company, and their methods are a bit underhanded."

Jiang Tiansheng responded: "Luo Qixing, this is normal in business."

Wong Yuk-long won't let the printing business distract him too much.

Luo Qixing added, "But what they're doing is unfair to other printing companies."

Jiang Tiansheng waved his hand, "That's how business competition is. However, this is an opportunity for our Shengyun Printing Company."

We can take advantage of Jade International's disruption of the printing industry to profit and expand our scale.

Luo Qixing was a little worried, "President Jiang, is this feasible? If we do this, won't it anger Yulang International?"

Jiang Tiansheng waved his hand: "Luo Qixing, you have to have a spirit of adventure to do business."

Our potential competition with Yulang International attracts owners of acquired printing companies to collaborate with us, thereby enhancing Shengyun Printing's brand awareness.

Even if we lose the competition, we have other options. For example, we can invest in companies that have conflicts with Jade Dragon International, or buy shops to rent out; our livelihood will definitely be guaranteed.

Luo Qixing still hesitated: "President Jiang, I think Shengyun Printing is doing quite well now, there's no need to take any risks."

Jiang Tiansheng looked at Luo Qixing and said, "Luo Qixing, I can provide financial and strategic support, but you will have to participate in the specific operations yourself. This is also an opportunity to cultivate your business management skills."

Luo Zegui then spoke up: "Tiansheng, I think Qi Xing is right. We don't need to cause trouble. Conservative management is fine."

Jiang Tiansheng explained, "Dad, this isn't just about competition."

Those printing business owners whose companies were acquired by Jade International are having a tough time.

If we can help them, we can also develop Shengyun Printing, killing two birds with one stone.

Lin Ya said from the side, "Shengyun Printing is Qixing's business, so ultimately it's up to you two to make the decision."

Jiang Tiansheng said to Luo Qixing, "Qixing, let me tell you about the specific acquisition strategy."

Those business owners are certainly unwilling to be acquired by Jade International now. We'll wait until they're in trouble, then we can approach them and negotiate more favorable terms.

Luo Qixing thought for a moment and said, "President Jiang, okay, I'll listen to you and give it a try."

The next morning, Jiang Tiansheng received a call from Zhang Taotao. "Mr. Jiang, the rate of increase in Xiangjiang Electric Company's stock price has slowed down, and shareholders are saying that the two parties involved in the acquisition may have made a private deal."

After hearing this, Jiang Tiansheng instructed: "Contact Bai Jinyan of Sun Hung Kai Securities immediately and have him start selling small shares of the Electric Light Company stock."

The Connor family might be planning to cash out; we need to be careful so it doesn't affect our investment returns.

“Okay, Mr. Jiang, I’ll take care of it right away,” Zhang Taotao replied.

Afterwards, Jiang Tiansheng went to 329 Shanghai Street, Yau Ma Tei to inspect the Southeast Tent Building.

This is an old-style building constructed in 1948. It looks dilapidated from the outside, but its location is indeed excellent. The owner, Zheng Fan, is waiting for Jiang Tiansheng.

Jiang Tiansheng looked at the building and said to Zheng Fan, "Mr. Zheng, the location of this building is excellent, but it's too dilapidated."

Zheng Fan said helplessly, "Mr. Jiang, I'm short of funds and can't afford the repairs, so I haven't been able to sell them."

Jiang Tiansheng invited Yang Mingkun to come and estimate the renovation costs. After looking around, Yang Mingkun said:

“Mr. Jiang, this complete renovation will cost HK$160 million and the construction period will be at least six months.”

Jiang Tiansheng frowned: "Boss Yang, can the construction period be shortened a bit?"

Yang Mingkun looked troubled: "President Jiang, it will take time to set up the third engineering team, and it's not easy to shorten the timeframe."

Jiang Tiansheng emphasized: "Mr. Yang, my company plans to acquire more old commercial buildings, renovate and sell them. In the future, we will have to rely on your Fengtu Construction Company for many projects."

Yang Mingkun thought for a moment and said, "President Jiang, okay, I'll find a way to complete the renovation within four months."

Next, Jiang Tiansheng and Zheng Fan began discussing the price. Zheng Fan said:

“Mr. Jiang, my building is in such a good location, I’ll be frank, it’s HK$2000 million.”

Jiang Tiansheng shook his head: "Mr. Zheng, this price is too high. The building is so dilapidated, I'll offer HK$1530 million."

Zheng Fan said anxiously, "Mr. Jiang, please reconsider. The location on Shanghai Street will definitely appreciate in value in the future."

Jiang Tiansheng insisted: "Mr. Zheng, given the current condition of this building, it's very difficult to sell. HK$1600 million is my final offer. If you don't accept it, I'll have to give up the acquisition."

Zheng Fan hesitated: "Mr. Jiang, your price is indeed a bit low. Please increase it a little more."

Jiang Tiansheng remained unmoved: "Mr. Zheng, I am also very sincere. HK$1600 million, that's the highest I can offer."

"Think it over. If it's okay, we can continue discussing the follow-up procedures; if not, there's nothing we can do."

Zheng Fan fell into deep thought, while Jiang Tiansheng waited quietly. After a while, Zheng Fan sighed and said helplessly:

“Mr. Jiang, alright, HK$16 million it is. I hope the subsequent procedures can be completed smoothly.”

Jiang Tiansheng nodded, "Mr. Zheng, don't worry, as long as the price is agreed upon, I will arrange the follow-up procedures."

Both parties reached an agreement on the sale of the Southeast Tent Building. During the signing, Zheng Fan seemed to suddenly remember something and quickly said:

“Mr. Jiang, I also own the Lee Fat Building on Bute Street in Mong Kok. It’s in much better condition than this Southeast Tent Building in every way. Would you like to acquire it as well?”

Jiang Tiansheng's heart skipped a beat, but he remained calm and asked, "Mr. Zheng, what's the situation with the Lifang Building? How is the price calculated?"

Zheng Fan quickly introduced, "Mr. Jiang, the location of Lifang Building is also very good, with complete supporting facilities and a large flow of people."

I'm considering selling because of financial difficulties. As for the price, I'm being realistic—HKD 2800 million.

After a moment's thought, Jiang Tiansheng realized that the price couldn't be easily lowered and the profit margin was limited, so he responded cautiously:

“Mr. Zheng, I need to think about the Lifu Building more. Could you give me some detailed information first, and I will study it?”

After saying goodbye to Zheng Fan, Jiang Tiansheng immediately contacted Li Jiafeng, "Jiafeng, can you help me investigate the detailed information of the Lifa Building on Bute Street in Mong Kok?"

Please report to me as soon as possible, including information on property rights, building condition, and the surrounding commercial environment.

“Okay, Mr. Jiang, I’ll take care of it right away,” Li Jiafeng replied.

At the same time, Jiang Tiansheng also inquired about the situation of Lifang Building through other channels.

Three days later, Li Jiafeng brought the investigation report to Jiang Tiansheng.

"Mr. Jiang, this is a detailed report on the Lifang Building. I have investigated it, and the building has clear ownership, is in good condition, and has no obvious problems."

Mr. Zheng is in urgent need of funds due to investment losses, and is therefore willing to sell for HK$2500 million.

Jiang Tiansheng took the report, read it carefully, and felt that it was a good deal, although the appreciation potential of Lifang Building was not as good as that of Southeast Tanglou.

But there's still profit to be made. "Okay, Jiafeng, this report is very detailed. It seems we can consider acquiring the Lifang Building."

Just as Jiang Tiansheng was considering the acquisition of Lifang Building, Bai Jinyan called.

"Mr. Jiang, the acquisition of Xiangjiang Electric Company has been completed, and Hongkong Land has become the largest shareholder. The stock price has started to fall."

Our company, Chiu On Real Estate, successfully sold most of its shares in the Electric Lighting Company, raising HK$6494.46 million, a return of over 100%.

Jiang Tiansheng immediately instructed: "Transfer all funds to Zhao'an Real Estate's account immediately. This money will be used to pay part of the cost of Anleyuan Building."

In addition, you should prepare to snap up new shares of Hysan Development and closely monitor market developments.

“Okay, Mr. Jiang, I’ll take care of it right away,” Bai Jinyan replied.