In Hong Kong, we build a global business empire

What happened today was a rare drama for many citizens of Hong Kong.

Although the newspapers have not reported it yet, in fact, both the content of Lin Haoran's two interviews and the content of Niu Bijian's interview have been spread by some people and known to many people.

Especially those upper class people who have certain power already know it clearly.

On Lin Haoran's way back, in a building also located in Central, a middle-aged man's eyes brightened after listening to his subordinates' reports.

This is the headquarters of the Carrian Group, a real estate giant that has been very popular in Hong Kong in the past two years.

This middle-aged man is Chen Songqing, who has long been a household name in Hong Kong.

His popularity is even not inferior to Lin Haoran, and he occupies a certain position in Chinese enterprises.

It’s just that Lin Haoran has never had much dealings with him.

Because Lin Haoran knew very well that this person was definitely not a good person, and doing business with him would undoubtedly be digging his own grave, so he had already made up his mind not to have anything to do with Chen Songqing.

In fact, at the beginning of this year, Chen Songqing, chairman of the Jianing Group, extended an olive branch to Lin Haoran at the Chinese General Chamber of Commerce, hoping to jointly develop a real estate project, but Lin Haoran found a reason to politely decline.

The current market value of the Carrian Group has ranked among the top five real estate companies in Hong Kong.

However, it is incredible that this real estate giant was only incorporated three years ago with a registered capital of only HK$5 million.

On the surface, it seems to be the same as Lin Haoran, who has completed the development process of others that took decades in just two or three years.

But in fact, he is completely different from Lin Haoran.

The rise of the Jianing Group relied on unfair means such as speculation, loans, fraud and conspiracy to defraud.

For example, Lin Haoran’s first cooperative financial company, Yumin Financial Company, is the largest partner of the Jianing Group.

Over the past three years, Chen Songqing has made more than HK$1 billion from Yu Min Financial Company, a financial company that was taken advantage of.

Not only that, Chen Songqing also borrowed a lot of money from other financial companies or banks.

The reason why the Jianing Group obtained so many bank loans was mainly due to its sophisticated financial operations and strategic asset mortgages.

In 1978, the Carrian Group purchased a piece of land in Yuen Long for HK$1850 million, and then mortgaged it to Malaysia's U Min Financial Company, successfully obtaining a loan of HK$6000 million.

In the same year, the group mortgaged another piece of land purchased for HK$170 million a few months ago to the Bank of Communications for HK$2000 million. The amount of this loan was far higher than the cost of the land.

In this way, the Jianing Group used the "snowball" principle to obtain more loans by continuously mortgaging newly purchased assets, and then used these loans to continue purchasing new assets.

This strategy has led to rapid growth in both the group's assets and liabilities, making it the Hong Kong business giant it is today.

However, no one would have thought that three years later, in 1983, the Carrian Group would be exposed. This rapidly rising business empire collapsed, leaving behind a debt black hole of more than HK$46 billion, of which the debt owed to Yu Min Financial Company reached a staggering HK$ billion.

At this moment, this high-spirited middle-aged man has already come up with an idea.

Lin Haoran intends to sell shares in Aigo, perhaps he can try to acquire Aigo!
He had paid attention to this company when Aigo went public.

At that time, he was amazed that a fan factory mainly engaged in manufacturing could actually make such high profits.

In the past two or three years, the Jianing Group has expanded rapidly to its current size, and he is naturally very clear about how it did it.

Therefore, in fact, the Jianing Group is very unstable. Once the real estate market is not doing well, the Jianing Group is likely to collapse at any time.

If a high-quality industrial company like Aigo can be acquired, it will undoubtedly strengthen the moat of the Jianing Group and push the market value of the Jianing Group higher.

That’s right, at this moment, the head of the Jianing Empire has quietly set his sights on the Aigo Company.

For a company with an annual turnover of more than 1 billion or nearly 2 billion Hong Kong dollars and a profit of 400 to 500 million Hong Kong dollars, a market value of 5 billion Hong Kong dollars is not excessive.

Today, the market value of Aigo is just over 2 billion.

If he could take control of Aigo, he could definitely hype Aigo into a giant in the top ten in terms of market value in Hong Kong.

By then, if he wants to get 20 to 30 billion Hong Kong dollars or even more, won’t it be easy for him to get it?
So, after receiving the report from his subordinates, Chen Songqing was moved.

Although he had no money, the Jianing Group actually had little money and was heavily in debt.

But it doesn’t matter if you don’t have money, you can take out a loan!

He was very familiar with this method.

As long as he can take control of Aimego, he can push Aimego's stock price higher, and at the same time push up the market value of the Jianing Group. In this way, he can get more funds.

Thinking of this, he quickly contacted one of his subordinates: "Help me check the detailed information of Aimico, especially the equity information."

"Good boss!"

Half an hour later, Chen Songqing got a document in his hand, which was actually published by the securities company.

Mr. Liu Luanxiong holds 40% of the shares and Mr. Lin Haoran holds 40% of the shares.

This is the main shareholder of Aigo Corporation.

"As long as I buy out Lin Haoran's shares and then secretly absorb some from the stock market, then I can directly drive Mr. Liu Luanxiong out of office and let me control Aigo?" Chen Songqing's eyes became brighter and brighter. This is indeed possible.

Since Lin Haoran publicly announced that he was seeking to sell shares in Aigo, it shouldn't be just a casual remark.

Even if he acquires the company based on its current market value, he only needs to pay around HK$10 billion to take control of the company.

By then, by using Aigo to raise 20 to 30 billion Hong Kong dollars, or even more, the Carrian Group can expand wildly again. It will not be a dream to become the number one real estate stock in Hong Kong in the future!

Thinking of this, Chen Songqing wished he could acquire Aigo Company immediately.

Looking at the development path of the Jianing Group, it is easy to find that its secret is to buy, borrow, borrow, and speculate!
At the end of 1979, Jianing acquired the controlling stake of the listed company Mei-Han Enterprise at a high price and renamed it Jianing Real Estate as the group's listed flagship.

In January 1980, Carrian announced a partnership with the Chung family to purchase the Golden Gate Building in Admiralty from Hutchison Whampoa for HK$1 million.

……

The Jianing Group launched large-scale acquisitions through issuing new shares and borrowing from banks, and its business scope expanded rapidly.

However, Chen Songqing is still not satisfied with the current development speed of the Jianing Group.

He wants the Jianing Group to develop faster!

So, Chen Songqing quickly found Lin Haoran's contact information.

This was not the contact information Lin Haoran gave him. Lin Haoran did not give him a business card at the beginning.

He obtained Lin Haoran's contact information through other bigwigs in the industry, and the phone number was exactly the same as Lin Haoran's private office number in Wanqing Building.

But when I called, no one answered.

Since Lin Haoran was no longer in Wanqing Building, there was naturally no one who could answer the phone.

After fighting several times, Chen Songqing gave up reluctantly.

"Perhaps, I can only visit Lin Haoran in person tomorrow." Chen Songqing murmured to himself.

At this moment, Lin Haoran has returned home safely.

He had no idea that someone had already shown interest in him just after he announced his intention to sell shares in Aigo.

Shortly after returning home, Guo Henian called and wanted to visit Lin Haoran to thank him for taking care of Guo Xiaohan in the UK.

As for what the purpose is, only he himself knows.

Lin Haoran naturally couldn't refuse the visit from this business tycoon.

So, after hanging up the phone, he asked the kitchen to go out and buy food to prepare to entertain the richest man in Nanyang tonight.

Around six o'clock in the evening, Lin Haoran met Guo Henian again, as well as Guo Xiaohan, whom he hadn't seen for more than ten days.

I don’t know if it was Lin Haoran’s illusion, but when Guo Xiaohan looked at him, there seemed to be a hint of resentment in his eyes.

When we were in the UK, she had already revealed her feelings. Now that I haven't contacted her for more than ten days since I came back, it would be strange if she didn't complain!

Lin Haoran smiled awkwardly, pretending not to see it at all.

He has no plans to get married so early now.

"Haoran, I never thought that you actually wanted to acquire Jardine Matheson. Are there any difficulties in acquiring Jardine Matheson? If you have any difficulties, just tell your uncle Guo. I will definitely help if I can!" Guo Henian asked with a smile while sitting in the study.

With the strength of his Guo family, they are indeed able to help. Apart from other things, they definitely have the funds!

"No need, Uncle Guo, I can handle the Jardine Matheson Company affairs on my own!" Lin Haoran said hurriedly, shaking his head.

He would not ask the Guo family to intervene, so he would forget about owing them this favor.

As Shen Bi had not given a reply for a long time, and combined with the information he got from Niu Bijian, Lin Haoran had already confirmed that it was impossible for him to get the support of Huifeng Bank's 6% of Jardine Matheson shares.

What does this mean?
It means that Huifeng Bank will not allow him to acquire Jardine Matheson!

If the shares of Jardine Matheson & Co. held by the British consortium were like those of the Hong Kong Land Development, then it would be good and he would be able to acquire this giant company relying solely on himself.

But the British financial consortium holds nearly 40% of the shares in total, while he only holds 20% now, and the stock price is so high.

If he wanted to acquire the company regardless of cost, it would not be impossible for him to succeed, but there is absolutely no need for that.

Jardine Matheson was not worth the huge price he paid.

Even in Lin Haoran's opinion, the true value of Jardine Matheson is less than half of that of the Hutchison Whampoa Group, or even less.

"Oh? Haoran, it seems that you are full of confidence in acquiring Jardine Matheson?" Guo Henian misunderstood.

He thought that Lin Haoran refused his help because he was full of confidence. (End of this chapter)