In Hong Kong, we build a global business empire

Chapter 37: Rivals Appear

In the agency store, Lin Haoran first clearly explained his specific needs to the agent. Then, the agent carefully selected a number of properties for his reference based on these needs.

This agency, as a wholly-owned subsidiary of the Hong Kong Land Group, relies on the strong strength and excellent reputation of its parent company. In every transaction contract, it promises that the recommended properties have been strictly screened and verified to ensure that there are no potential risks, including but not limited to any problems such as real estate mortgage.

Once any situation that does not meet the commitments is discovered, the company will take full responsibility until the problem is satisfactorily resolved.

In this situation, Lin Haoran was naturally relieved.

In view of his current financial situation and actual needs, Lin Haoran focused his attention on properties with a total price of less than HK$1 million.

He knows that it may not be possible to find a very spacious office space in this price range, but he is open to it and believes that this is a pragmatic option that meets his needs at this stage.

He thought that it would not be too late to upgrade to a more spacious office space when the economic situation improved in the future.

After careful browsing and comparison, Lin Haoran soon found his target.

This is a property located in a prosperous commercial building around the Hong Kong Stock Exchange Center, called Hengfeng Building. The commercial building is towering and has a total of 21 floors. The office for sale occupies the prime floor of the building - the 19th floor. It not only has a wide view, but is also close to the beautiful Victoria Harbour.

In the Central area where every inch of land is valuable, many commercial buildings are often owned by large conglomerates as a whole and are rarely sold individually.

However, nothing is absolute in this world, just like the building that Lin Haoran is inspecting at this moment, it was once the exclusive property of a well-known British company.

The stock market crash in 1973 dealt a heavy blow to this British company. In order to save itself and restructure, the company had to reluctantly split half of the floors of this iconic building into multiple independent property units for sale.

Although the office favored by Lin Haoran is relatively compact, with an area of ​​about 1620 square feet (about 150 square meters), it has a reasonable layout and high utilization rate.

Taking into account its superior geographical location, convenient transportation conditions and charming sea view outside the window, the price of HK$100 million offered by the owner seems quite reasonable and attractive.

While it was still early, Lin Haoran decided to strike while the iron was hot and directly entrusted the agent to take him to the actual house viewing site.

The moment he stepped into the room, he was attracted by its exquisite layout and brand new decoration. The overall environment far exceeded his expectations and could be put into use immediately without almost any modification. This was undoubtedly the biggest blessing for him who pursued efficiency.

Lin Haoran is also a decisive person. After being satisfied, he immediately instructed the agent to arrange a meeting with the owner.

Soon, a middle-aged Chinese owner arrived as scheduled. He revealed his plan to move his family to Canada, so he reluctantly gave up the property and put it on the market, combining office and residential functions.

The negotiation process between the two parties went extremely smoothly. Based on their mutual recognition of the property's value, as well as their mutual honesty and respect, they eventually finalized an agreement to sell the property for HK$95.

The other party was straightforward, and he was also straightforward. Taking advantage of the fact that it was not late, under the guidance of the agent, they successfully completed the transfer procedures before getting off work at 6 o'clock.

With the signing of the final signature, Lin Haoran finally owned his first property in the prosperous area of ​​Central.

After finishing it, Lin Haoran took Li Weiguo and Li Weidong back to the house that now belonged to him.

This house was probably rented out to a small business before, and they cleverly used the space to create a fully functional office area, including a general manager's office, a financial office, and a department office. The lobby was cleverly divided into multiple office spaces to meet the work needs of different teams.

This office can easily accommodate more than ten or twenty people.

For Lin Haoran, this house is indeed very practical and he can even move in directly.

He was particularly satisfied with the design of the office. Within the space of about 30 square meters, the living and office areas were cleverly separated, and Lin Haoran could even stay here at night.

Passing through the spacious hall, Lin Haoran's eyes were involuntarily attracted by the huge floor-to-ceiling glass window.

Outside the window, there is a breathtaking view - the sparkling Victoria Harbour is in full view, and the outline of the Kowloon Peninsula on the opposite bank is even clearer in the afterglow of the setting sun, like a moving painting unfolding before your eyes.

Just adjacent to the building where Lin Haoran is located, there stands a commercial building with more than 20 floors. It is the headquarters of Cheung Kong Holdings.

At this moment, in a conference room at the Cheung Kong Holdings headquarters, Li Jiacheng sat at the head of the conference table, holding a crucial strategic meeting with the think tank members beside him.

"In Hong Kong, there are many British listed companies, and many of them are of high quality. At present, we have sufficient funds. Although Wharf Holdings has missed the opportunity, new battlefields are waiting for us to explore. Hutchison Whampoa is our next big target, but the time is not right now. Mr. Wu, have you found other potential stocks during this period that are worth our efforts?"

Li Jiacheng asked the head of the think tank in his unique scholarly style.

Many people felt sorry for the failure of Cheung Kong Holdings' acquisition of Wharf Holdings. However, Li Ka-shing naturally had his own considerations. By doing so, he could not only avoid a head-on confrontation with Jardine Matheson, but also do favors for Hui Feng and Pao Yu-kang, laying the groundwork for the future leap forward of Cheung Kong Holdings. It can be said that he "killed three birds with one stone."

Upon hearing this, Mr. Wu quickly gathered his thoughts and responded calmly: "Mr. Li, after our team's in-depth research and analysis over the past few days, we all agree that Ching Chau Cement Company in Hung Hom, Kowloon is a very attractive acquisition target at the moment.

Its share price is currently stable at around HK$5 per share, and its total market value is only HK$250 million, which seems quite undervalued. It is worth noting that although the company's trading volume has increased in recent months and its share price has also risen, although we cannot find out the reason for the increase in trading volume, our research shows that the truth behind this is that its value is underestimated by the market.

Qingzhou Cement not only has a solid business foundation, but also owns up to 800,000 square feet of seafront land in the prime location of Hung Hom, Kowloon. The value of this land is far beyond what the current market value can reflect.

Therefore, we firmly believe that if we can successfully acquire Ching Chau Cement and then master the development rights of the Hung Hom land, it will have an immeasurable positive impact on the future development of Cheung Kong Group. This is our detailed research report, please review it, Mr. Li. "

As he spoke, Mr. Wu respectfully handed a heavy report to Li Jiacheng with both hands.

Lin Haoran's acquisition of Qingzhou Yingni's shares has always been very secretive, so even Li Jiacheng's think tank did not realize that someone had actually been secretly eyeing Qingzhou Yingni in advance.

Li Ka-shing nodded slightly, took the report, and began to read it carefully in the conference room.

His expression kept changing as he read more. Sometimes he frowned, as if he was thinking deeply about some key issues; sometimes he smiled with satisfaction, obviously appreciating some of the content in the report.

"Okay, this is going to be our next target!" After a long while, Li Ka-shing made the decision with finality.

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(End of this chapter)