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

Chapter 357 01 Protagonist

Guan Jiahui muttered, "Hmph, you just don't want me to go. Are you afraid I'll find out about you and your female secretary?"

Jiang Tiansheng was displeased and decided to test the waters, "Jia Hui, if you continue to distrust me like this, shouldn't we consider breaking up?"

Guan Jiahui paused for a moment after hearing this, then said in a calm tone, "So what if we break up? You're so rich, you can't treat me badly after we break up."

Jiang Tiansheng then realized that Guan Jiahui's feelings for him were more based on his wealth and potential.

Although he didn't have deep feelings for Kwan Ka-wai, he didn't want to end the relationship easily.

He thought for a moment and said, "Jia Hui, don't be angry, I was just joking. How about I take you shopping in Central tomorrow?"

Upon hearing this, Guan Jiahui immediately became interested, "Okay, then it's a deal."

The next day, Jiang Tiansheng was busy at the company when he suddenly received a phone call.

On the third day, "President Jiang, something terrible has happened! The acquisition of Xiangjiang Electric Lighting Company has broken out!"

On the fourth day, Big Boss Connor of the Electric Light Company launched a counter-takeover, and the stock price soared! "The assistant reported anxiously.

Jiang Tiansheng immediately summoned Zhang Taotao to analyze the situation. "Manager Zhang, please take a look at what's going on?"

What's the situation with the land company?

After reviewing the data, Zhang Taotao said, "President Jiang, Land Development Company already holds more than 26% of the shares in Electric Light Company, and is accelerating its acquisitions."

Jiang Tiansheng frowned. If the land company successfully acquired the property, his entire plan would be ruined.

He made a decisive decision: "We can't sit idly by and wait for our doom. We must immediately expose this acquisition to the media and attract market attention."

The news caused a stir in the market. At this moment, Lin Luoqi hurriedly visited Jiang Tiansheng. "Mr. Jiang, this acquisition has caused quite a stir. How's your investment going?"

Jiang Tiansheng stated bluntly, "I used 5 times leverage to buy 4000 to 5000 million yuan worth of shares in an electric lighting company. What about you, Mr. Lin?"

Lin Luoqi didn't hide anything, "I participated in the name of my family, with the same 5x leverage, and the investment scale was about the same as yours."

"Mr. Jiang, how much higher do you think the stock price of this lighting company can go?"

After a moment's thought, Jiang Tiansheng said, "I think that HK$6.5 might be the limit."

Lin Luoqi hurriedly said, "President Jiang, you must let me know when you're about to ship the goods."

Jiang Tiansheng smiled and said, "Definitely, definitely." But both of them knew in their hearts that they might not be completely honest when it came time to ship the goods.

Lin Luoqi then spoke of his ambition, "President Jiang, I want to use the profits from this acquisition to persuade my father to turn Yiren Real Estate into a publicly listed company that I personally control."

Jiang Tiansheng showed little interest in this, saying, "President Lin, I think you should focus on the development of Dehe Real Estate Company first."

Dehe Real Estate is your own company; manage it well, and it has a bright future. Yiren Real Estate has limited growth potential; don't focus on one and neglect the other.

Lin Luoqi complained helplessly, "President Jiang, Dehe Real Estate Company lacks funds and it's difficult to participate in large-scale acquisition battles. It's too difficult for us to develop."

After thinking for a moment, Jiang Tiansheng said to Lin Luoqi, "President Lin, I suddenly thought of something. You might consider selling Yiren Real Estate Company."

"Look, didn't I sell Kidd Properties before?"

Upon hearing this, Lin Luoqi paused, a hesitant expression on his face. "President Jiang, this... I'm afraid it will be difficult to explain to my father, Lin Zuhui, if we sell Yiren Real Estate Company. Moreover, I'm also worried that I will suffer too much loss."

Jiang Tiansheng shrugged. "President Lin, this is just a suggestion. Ultimately, it's up to you to decide what to do."

.........

I sold Jide Real Estate Company after taking various factors into consideration.

If you think selling Yiren Real Estate Company can solve your current predicament, then you might want to seriously consider it.

Lin Luoqi nodded. "Mr. Jiang, I understand. I will think about it carefully."

By the way, my father asked me to invite you to dinner tonight. He said he wants to discuss the acquisition of the Hong Kong Electric Company with you.

Jiang Tiansheng initially wanted to refuse, but then felt it wasn't appropriate. After hesitating for a moment, he said:

.....

"Alright, Mr. Lin, since Mr. Lin has invited me, I will attend."

The next day, a major piece of news spread throughout the entire financial market.

Hongkong Land officially announced its acquisition plan for Hong Kong Electric Company, with the proposal being to exchange one new Hongkong Land share for one share of Hongkong Electric Company stock.

And they agreed to pay a 20% premium. This news caused a sensation in major newspapers.

However, shareholders were very cautious and did not rush to accept the acquisition.

Everyone is speculating that there might be an even higher offer for this acquisition.

Sure enough, not long after, Rothschild & Co., the company commissioned by the Connor family, also announced its entry into the acquisition battle, offering HK$ per share.

However, this price was only 10% higher than the market price at the time, which was not very attractive to investors.

Jiang Tiansheng keenly realized that the Connor family's strength seemed to be limited.

He made a quick decision to begin selling small portions of the electric light company's stock.

By the time the market closed in the afternoon, the share price of the electric light company had risen to HK$7.2.

Jiang Tiansheng successfully raised HK$1740.35 million by selling 257 million shares, with an average selling price of HK$6.91.

He already had a plan in mind: to continue selling at a price above HK$7 the following day, aiming to unload 1000 million shares.

That evening, Jiang Tiansheng attended the dinner arranged by Lin Zuhui as agreed.

He walked into the private room and immediately saw Lin Zuhui, Xu Jiawen, and Lin Luoqi.

In addition, there are Li Bingjun and her parents Li Yude and Cheng Nan.

Jiang Tiansheng felt a tightness in his chest, vaguely sensing that this might be a matchmaking attempt, and he was somewhat displeased.

But he remained polite and greeted us with a smile:

"Mr. Lin, Mr. Lin, it's been a long time." Then he nodded to the others, "Hello everyone."

Lin Zuhui stood up with a smile and introduced, "President Jiang, come, let me introduce you."

This is Mr. Li Yude, this is his wife Cheng Nan, and this is their daughter Li Bingjun.

Lin Zuhui did not mention the real purpose of arranging the dinner.

Li Yude smiled and looked at Jiang Tiansheng, "Mr. Jiang, I've heard so much about you. I've always been curious, what are your thoughts on the recent real estate market?"

Jiang Tiansheng thought for a moment and replied cautiously, "Mr. Li, to be honest, I'm a newcomer to this industry."

Based on my current observations, the market is overheated, and I think the Hong Kong government may introduce some measures to curb this.

Lin Zuhui chimed in with a smile, "Mr. Jiang, I don't see it that way. Why would the Hong Kong government easily cut off its own source of revenue?"

Even if policies are introduced, they will only be paid lip service to them.

Jiang Tiansheng didn't want to continue arguing about this issue. He smiled and cleverly steered the conversation toward the acquisition of the electric light company, saying, "Mr. Lin, what you said may make sense."

However, when talking about this market, we must mention the recent acquisition of the light-emitting company that has attracted much attention.

To be honest, I did buy a lot of stock in the electric light company.

Upon hearing this, Lin Zuhui became interested and asked, "Oh? President Jiang, what do you think of this acquisition?"

Who do you think will have the last laugh, Hongkong Land or the Connor family?

Jiang Tiansheng replied, "Mr. Lin, the situation in this acquisition is complicated, and it's hard to say who will ultimately win."

Hongkong Land is a powerful and wealthy company, but the Connor family will not give up easily.

Currently, both sides are considering their offers, and investors are adopting a wait-and-see approach.

Li Yude then asked, "President Jiang, in your opinion, how much higher will the stock price of this electric light company go?"

Jiang Tiansheng thought for a moment and said, "Mr. Li, stock price trends are difficult to predict."

However, judging from the current acquisition situation, as long as the acquisition battle continues, the stock price is likely to continue to fluctuate.

I plan to adjust my investment strategy as needed, depending on market conditions.

Lin Luoqi then spoke up: "President Jiang, you sold some of your stocks today. Do you have a new plan?"

Jiang Tiansheng nodded: "President Lin, that's right. I think the Connor family's strength is limited, so we're selling off a portion first."

I plan to continue selling tomorrow, hoping to sell some of my shares when the price is right…

Xu Jiawen listened quietly from the side, occasionally interjecting with a word or two: "President Jiang, your investment strategy is quite decisive."

However, the market changes too quickly, so we must be cautious.

Jiang Tiansheng responded: "Ms. Xu is right. The market is unpredictable, and we must indeed act with caution."

At the dinner, the participants engaged in a lively discussion about the acquisition of the electric lighting company and the real estate market.

After a while, the topic shifted to other things. Li Yude asked, "Mr. Jiang, have you encountered any difficult problems while working in the real estate industry?"

Jiang Tiansheng said, "Mr. Li, of course I have encountered this."

When acquiring property, sometimes you might encounter issues like owners asking for exorbitant prices or unclear property rights. These all need to be addressed.

Lin Zuhui said, "President Jiang, these problems are common in the real estate industry. The key is to be patient and find a suitable solution."

Jiang Tiansheng nodded: "Mr. Lin is right. Just like this acquisition of the electric light company, it is also full of variables."

We can only adjust our strategies flexibly based on market conditions.

Then, Lin Zuhui steered the conversation toward Paramount Company: "President Jiang, your Paramount Company seems to have a pretty high market value right now."

However, its net assets are only HK$1.6 million. In my opinion, it won't be easy to find a buyer at this market value.

Upon hearing this, Jiang Tiansheng understood Lin Zuhui's meaning and replied, "Mr. Lin."

Paramount will continue to acquire assets, and its market capitalization is expected to exceed HK$10 billion in the future. I won't sell it at a low price.

Lin Zuhui wanted to give it a try, and hinted, "President Jiang, the market changes quickly these days. It's good to make a move sooner and secure your profits."

Jiang Tiansheng's attitude was firm: "Mr. Lin, the Paramount Company is of great significance to me, and I will not sell it to the Lin family."

Seeing that the atmosphere was a bit stiff, Xu Jiawen quickly tried to ease the tension: "President Jiang, Miss Li looks beautiful today."

You two are the real 'stars' of tonight's dinner.

The Li couple were quite satisfied with Jiang Tiansheng's assertive performance, thinking to themselves that this young man was not weak.

After the banquet, Jiang Tiansheng went to the Central Pier alone to enjoy the sea breeze and ponder Lin Zuhui's true intentions.

He wondered to himself whether Lin Zuhui was genuinely interested in Paramount Company or had been persuaded by Lin Luoqi.

Jiang Tiansheng felt that Lin Zuhui was testing him, and Xu Jiawen's persuasion seemed more like a pre-arranged drama.

Just then, Li Bingjun appeared. Li Bingjun said, "President Jiang, I didn't expect to see you here."

I don't like those kinds of dinners either; I don't like being arranged by others.