In Hong Kong, we build a global business empire

Chapter 396: Large-scale sale of real estate to raise funds

With a goal in mind, Lin Haoran naturally needed to make arrangements before going to the United States.

At noon that day, after having lunch at home, Lin Haoran went to Wanqing Building.

31st floor of Wanqing Building, Hong Kong office of Huanyu Investment Company.

The entire 31st floor was very quiet, no longer as bustling as before.

When some employees saw Lin Haoran, they greeted him politely, but after turning around, they continued to discuss privately.

This is not difficult to understand. After all, recent rumors about Lin Haoran encountering a financial crisis have been making the rounds.

As Lin Haoran's employees, they were inevitably nervous and secretly wondered whether their boss would consider disbanding the Hong Kong team of Universal Investment Company in order to cut costs.

A few days ago, Su Zhixue led a team to New York, the United States. At the same time, some employees were assigned to the securities or financial departments of companies such as the Jardine Matheson Group and the Wanqing Group.

As a result, the number of employees in the Hong Kong office has been greatly reduced, from more than 300 to less than 70 at present.

The Hong Kong office is gradually transforming to a business model similar to that of Jardine Securities, focusing on providing stock operation services to market makers and investors with strong financial resources who have the demand to absorb stocks.

Thanks to its outstanding performance in the past two years, Huanyu Investment Company has indeed succeeded in attracting a certain number of customers.

However, Huanyu Investment Company's foundation is still relatively shallow.

In the Hong Kong market, faced with long-established and strong financial securities companies such as Jardine Securities and Huifeng Huodoli, even though Huanyu Investment Company has had brilliant performance in the past two years, it is still at a competitive disadvantage and has difficulty in taking on a large amount of business. It is the type of company that is hungry but cannot die.

Therefore, the current sixty-plus employees are sufficient to cope with the existing business volume.

Lin Haoran doesn't care about this. At present, with his growing strength in Hong Kong, he has gradually looked down on other listed companies in Hong Kong. Therefore, his demand for buying stocks in Hong Kong has naturally been greatly reduced.

Nowadays, the company's employees can achieve self-sufficiency by relying on external business, and Lin Haoran does not need to spend extra money to support them. This is already a very good performance.

Lin Haoran will not completely split up the Hong Kong branch of Universal Investment Company or move it to the United States. After all, his base is still in Hong Kong.

Although his demand for corporate acquisitions in Hong Kong will be greatly reduced in the future, it does not mean that he will stop making acquisitions altogether. For example, this time, he has set his sights on the Hong Kong listed company Bank of East Asia, and wants to secretly acquire it or even take control of it, and he has to rely on Universal Investment Company.

He was worried about leaving this matter to other securities companies!

Therefore, it is very necessary to keep a team in Hong Kong.

In the future, as performance improves, it will not be difficult to add staff.

Hong Kong has many financial securities companies and industry elites. If there is a real shortage of talent, directly poaching talent from competitors such as Jardine Securities is undoubtedly a simple and effective strategy.

"Boss, have you had lunch? If necessary, I can immediately arrange for the canteen to prepare some exquisite stir-fried dishes for you." Seeing Lin Haoran's sudden visit to the company, Dai Shi, who is now the head and deputy general manager of the Hong Kong region of Huanyu Investment Company, felt a little nervous in his heart, but he still tried his best to make his tone sound natural and thoughtful.

Dai Shi is considered a veteran of Huanyu Investment Company. When Lin Haoran first started to organize a trading team, he first asked Su Zhixue to come from Wan'an Company. Later, with the introduction of Su Zhixue, Dai Shi became the second employee to join Huanyu Investment Company.

Today, this old employee of Huanyu Investment Company has a loyalty level of 92, so as early as last year, Lin Haoran promoted him to deputy general manager of Huanyu Investment Company.

A few days ago, other old employees such as Han Zixing, Shi Zhensheng, Qi Fen, Zhao Lin, etc., all followed Su Zhixue to the United States.

Since Dai Shi was in charge of the team in Hong Kong and his family did not want him to go to the United States, he stayed and became the person in charge in Hong Kong.

Although Su Zhixue went to the United States, he still holds the position of general manager in Hong Kong.

It can be said that Hong Kong is still the company's headquarters on paper, but because the main business has been transferred to the United States, the general manager Su Zhixue needs to go there in person to open up the territory and take charge.

"No, I've eaten. How about you?" Lin Haoran asked with a smile.

Dai Shi was a little nervous in front of Lin Haoran. After all, his identity as a boss was different now.

In the past, Lin Haoran would always go directly to Su Zhixue when he came. As for the deputy general manager, he had little contact with Lin Haoran.

Now, it's almost one o'clock.

"Boss, I just came back from the cafeteria." Dai Shi replied.

Lin Haoran nodded and said, "Come on, come with me to the office, I have something to tell you!" The two walked into Lin Haoran's private office together.

This was the place he visited most often before Lin Haoran took over the Jardine Matheson Group.

However, now that he has taken over the Hong Kong Land Group and successfully acquired the Kangle Building, which was once the tallest building in Hong Kong and is now the second tallest building, he spends more time there and has become somewhat disdainful of the Wan Qing Building.

Lin Haoran even planned to move the office of Huanyu Investment Company to Kang Le Building, but there was no rush about it. He would wait until the Jardine Matheson Group was completely privatized and became his own private enterprise.

"Just find a seat and sit down. Don't be shy. You are now the leader of the Hong Kong team of Universal Investment Company. A senior executive must behave like a senior executive!" Seeing that Dai Shi seemed a little nervous, Lin Haoran smiled easily.

Although Huanyu Investment Company operates huge amounts of money, as a core department behind the scenes, it has a small number of employees. Therefore, even the company's top executives may not be able to match the mentality of those executives of large companies who manage thousands or even tens of thousands of employees.

Hong Kong's top professional managers, such as Ma Shiming and Chen Shoulin, have long developed their own unique aura.

Dai Shi looked ashamed and calmed himself down before facing his boss Lin Haoran again.

"Boss, please tell me what I can do for you." Dai Shi asked solemnly.

"As you know, I am planning to go to the United States. Before I leave, I need you to form a small team. I will select the members. The number of people does not need to be large, just enough to form an acquisition team.

The team's mission was to acquire Bank of East Asia's secondary market shares, just as we had done with other companies, keeping our actions confidential and avoiding pushing Bank of East Asia's share price too high.

As for the specific number of shares to be absorbed, there is no hard target. I will absorb as much as I can. My medium-term goal is to hold more shares than the 32% held by the Li Peicai family, so as to have a great control over Bank of East Asia.

The long-term goal is to completely control the Bank of East Asia and become the absolute controlling shareholder of the Bank of East Asia! Zhixue is not in Hong Kong now, so you need to grasp the overall situation.

Work hard, I hope you won't let me down, follow me, and you will get what you deserve!" Lin Haoran carefully explained the plan for Bank of East Asia.

At present, before the announcement of the successful privatization of the Hong Kong Land Group, Lin Haoran is unable to use the funds of the Hong Kong Land Group, so the funds he actually has at his disposal are not sufficient.

After acquiring the Hong Kong Land Group, although Universal Investment Company had about HK$1.2 billion in funds on its books, in the process of promoting the privatization of the Hong Kong Land Group and repurchasing shares by Lee Company, it had to spend tens of millions or even HK$100 million or 200 million every day, and these funds were consumed quite quickly.

In addition, Su Zhixue is going to the United States to prepare for the establishment of the American branch of Huanyu Investment Company, and plans to invest in some companies with broad development prospects, which also requires a lot of funds.

Therefore, the HK$1.2 billion in funds will probably be used up soon.

However, Lin Haoran is not at all worried about funds now, and has no plans to go to the bank for a loan.

This time, when the rumors were spreading wildly, just yesterday, Lin Haoran had already called Burton and instructed him to sell off the land, real estate, and commercial buildings hoarded by Wan'an Real Estate Company and Qingzhou Yingni Company under the Wanqing Group.

Asking them to sell off their shares at this time will only make it more realistic for Hong Kong bosses to believe that Lin Haoran is really facing a financial crisis, and this will not have any impact on the real estate market.

Anyway, Lin Haoran knew that the current housing prices would not increase much. They had almost reached a high level. Even if they could increase by another 10% by the beginning of next year, it would be very good.

More than a year or two ago, Lin Haoran had been making continuous plans, so that any surplus money in his companies would be used to purchase land or property companies. In Wan'an Real Estate Company and Qingzhou Cement Company alone, more than HK$1 billion had been invested.

In addition to the Wan'an Building owned by Wan'an Real Estate Company itself and the completed project building in North Point, if all these assets were sold at this moment, the funds that could be raised would definitely not be too little.

After more than a year of rising, Hong Kong's housing prices have more than doubled compared to more than a year ago.

The price of land is even more outrageous. Some properties with good locations have more than tripled in price!
Now is the harvest season.

As long as these lands, properties and commercial buildings are sold off one by one in large quantities, Lin Haoran will naturally have no shortage of money.

Originally, Lin Haoran planned to wait until early 1981 to sell off his properties because that was when real estate prices in Hong Kong were at their highest.

However, the rumor plan was so successful that the whole of Hong Kong believed that Lin Haoran was in a financial crisis.

Therefore, Lin Haoran felt that this was the most appropriate time to let Wan'an Real Estate Company and Qingzhou Yingni Company sell all the land and commercial buildings they had previously invested in.

The real estate projects sold by the Swire Properties Group were all sold to real estate companies, so the housing prices were not affected at all.

Nowadays, the real estate transaction volume in Hong Kong is still very high, so it is not difficult to sell these real estate properties, and the price will not be low. (End of this chapter)

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