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

Chapter 342 Restore Original Price and Commission

Jiang Tiansheng thought for a moment and said, "Let's hold off for now. Our focus right now is still on raising funds to acquire Zhao'an Real Estate Company, and dealing with the sale of the tea restaurant and property investments."

After hanging up the phone, Jiang Tiansheng continued working.

The road ahead will be difficult, but in order to realize his business plan, he must overcome the difficulties step by step.

The following day, Jiang Tiansheng, as usual, kept a close eye on the progress of the acquisition of Kowloon Motor Bus Company's shares.

Upon closer inspection of the transaction data, he discovered an anomaly.

Sun Hung Kai Properties appears to have begun secretly acquiring shares of Kowloon Motor Bus, and its methods are remarkably similar to those of Sun Hung Kai Securities.

Jiang Tiansheng immediately realized that this was most likely Sun Hung Kai Securities assisting Sun Hung Kai Properties in the acquisition.

Jiang Tiansheng pondered for a moment, then picked up the phone and called Bai Jinyan: "Ms. Bai, have you noticed that Sun Hung Kai Properties is absorbing Kowloon Motor Bus Company shares?"

Their operating methods are too similar to those of Sun Hung Kai Securities.

Bai Jinyan replied, "Mr. Jiang, I've noticed that too. What should we do then?"

Chiang Tin-sing said, "We continue to secretly acquire shares of Kowloon Motor Bus Company, but it must be emphasized that this is just an investment, not an acquisition."

Under no circumstances should we cause significant fluctuations in the stock price, understand?

Bai Jinyan replied, "Okay, Mr. Jiang, I will be careful."

However, with Sun Hung Kai Properties acquiring such a large number of shares, we are also under considerable pressure.

Jiang Tiansheng said, "It's alright, follow the plan. Keep a close eye on the stock price movement and report any developments immediately."

After hanging up the phone, Jiang Tiansheng leaned back in his chair, pondering that while Sun Hung Kai Properties' involvement added variables, it might also bring new opportunities.

If handled properly, my investment in Kowloon Motor Bus Company stock might yield even greater returns.

Meanwhile, Jiang Tiansheng's family life was thrown into turmoil. Luo Qixing approached Jiang Tiansheng looking dejected.

Luo Qixing said, "Tiansheng, Zhang Guanqi and I have broken up."

Jiang Tiansheng was somewhat surprised: "What happened? Everything was fine before!"

Luo Qixing sighed: "She found a more suitable marriage partner and dumped me."

Jiang Tiansheng comforted him, "Qi Xing, this might be a good thing."

I've always felt that Zhang Niangqi wasn't a good match for you. Don't take it too hard.

Luo Qixing still looked melancholy: "But I've invested so much emotion, it's not so easy to let go."

Jiang Tiansheng thought for a moment and said, "Qi Xing, how about this, I'll help you expand your printing business."

I could even buy a small printing factory, and we can grow the business together. What do you think?

Luo Qixing hesitated for a moment: "Can I do it? I'm afraid I won't do a good job."

At this moment, Luo Zegui walked in. Hearing their conversation, he frowned and said:

"Qi Xing, you've never managed a printing factory before. Are you capable of handling this?"

Jiang Tiansheng quickly said, "Uncle Luo, don't worry. I will assist Qixing in management."

Qi Xing needs some more experience; this might be a good opportunity for him to advance his career.

Luo Zegui pondered for a moment and reluctantly agreed: "Alright, Qi Xing, give it a try. With Tian Sheng's help, I can feel more at ease."

Luo Qixing looked at Jiang Tiansheng and nodded: "Okay, Tiansheng, I'll give it a try."

After finishing his family business, Jiang Tiansheng went to the North Point Wo Hung Real Estate Company. He had barely sat down when Yan Leduo came to his door.

Yan Leduo got straight to the point: "Mr. Jiang, shouldn't this market stalemate be coming to an end?"

"Do you think it's possible to restore the original commission rate?"

Jiang Tiansheng shook his head: "Mr. Yan, as you know, restoring the original commission rate would result in huge losses for our company. That won't do."

Yan Leduo smiled apologetically and said, "Mr. Jiang, I know you have your difficulties."

In return, I'll offer you several exclusive business opportunities. As long as you restore the original commission rate, I'll handle the rest.

Jiang Tiansheng pondered in his heart, but remained outwardly calm: "Mr. Yan, your suggestion sounds good."

However, I need to complete the business you introduced first, observe the market reaction, and then decide whether to revert to the original commission rate.

Although Yan Leduo was dissatisfied, he couldn't show it and could only say, "Alright, Mr. Jiang, let's leave it at that for now."

I hope you can handle those transactions as soon as possible so we can restore the original commission rate sooner.”

After Yan Leduo left, Jiang Tiansheng fell into deep thought. Yan Leduo was cunning, and Jiang Tiansheng dared not relax for a moment after making the deal with him.

He took the property information he had obtained from Yan Leduo and went to find Guan Jiahui.

Jiang Tiansheng said, "Jiahui, this is the property information given by Yan Leduo. Take it and process it, and be responsible for finding a suitable buyer."

This time, we've made it clear: no more rebates; we need to maximize our profits.

Guan Jiahui took the documents and asked with some confusion, "Mr. Jiang, there used to be rebates, why were they suddenly canceled this time?"

Jiang Tiansheng explained, "Jia Hui, I'm not really interested in these commissions anymore."

I need to focus my energy on investments with greater potential. If I can sell these properties for a good price, it'll be much more worthwhile than those small rebates.

Guan Jiahui nodded to indicate that she understood: "Okay, Mr. Jiang, I will do my best to find a suitable buyer and try to get a good price."

Jiang Tiansheng then instructed, "Jia Hui, you must be careful when talking to the buyer."

Every clause must be carefully considered to ensure the company doesn't suffer losses.

Guan Jiahui replied, "Don't worry, Mr. Jiang."

After dealing with this matter, Jiang Tiansheng went to the HSBC trading floor to meet with Zhang Taotao.

As soon as Zhang Taotao saw Jiang Tiansheng, he said, "Mr. Jiang, the stock price of Sino Land has risen to 8.6 yuan."

Jiang Tiansheng decisively said, "Sell everything."

Zhang Taotao was somewhat surprised: "Mr. Jiang, are you sure you want to sell everything? Maybe the price can go up again."

Jiang Tiansheng said, "Sell it, as long as you've made a profit. The return rate has already exceeded 320%, reaching 385.68 million yuan."

Following Jiang Tiansheng's instructions, Zhang Taotao completed the stock sale. Jiang Tiansheng then said:

"I intend to use this money to pay for the subscription fees of Henderson Land Development Company's new shares."

In addition, I have prepared a check for 100 million yuan in case of any additional fees during the transaction.

Zhang Taotao said, "Mr. Jiang is very thoughtful. I will keep an eye on the new share subscription of Henderson Land Development Company for you."

At this moment, Zhang Taotao remembered something else: "Mr. Jiang, the stock price of Kowloon Motor Bus Company is experiencing abnormal fluctuations."

Several accounts are secretly accumulating shares; it feels like a takeover is about to erupt.

Jiang Tiansheng's expression hardened: "Really? Keep an eye on market developments and let me know immediately if anything happens."

Zhang Taotao replied, "Okay, Mr. Jiang."

At Kowloon Motor Bus Company, Executive Director Lui Chui-kwan also noticed the unusual rise in the stock price. He called his secretary and asked:

"The company's stock price has been rising strangely lately. Could you check if someone is buying up retail shares?"

The secretary quickly investigated and reported back: "Mr. Lei, there are indeed multiple accounts accumulating shares from retail investors, and their actions are quite covert."

This could be the prelude to a takeover battle, especially since the acquisition of Chung Hwa Bus Company is not yet fully completed. Lei Juekun said to his secretary:

“Immediately contact those shareholders who are willing to sell their shares, and we will acquire them at a 1% premium. I want to increase my shareholding and consolidate my position in the company.”

The secretary nodded: "Okay, Mr. Lei, I'll take care of it right away."

Meanwhile, Lin Luoqi wasn't idle either. He was busy raising funds for Yiren Real Estate Company, preparing to speculate on shopping mall properties in Causeway Bay. He went to Jiang Tiansheng to discuss it.

Lin Luoqi said, "Mr. Jiang, I'm currently raising funds for Yiren Real Estate Company to speculate on shopping mall properties in Causeway Bay. What do you think?"

Jiang Tiansheng said, "Boss Lin, that's a good idea. Causeway Bay is a good location, and the shopping mall properties have potential. You'd better work on it."

Lin Luoqi added, "Mr. Jiang, I've also heard that you've been gathering information on Wan Chai commercial buildings through Dehe Real Estate Company. It seems we're both actively making moves."

Jiang Tiansheng nodded: "Yes, I think the Wan Chai Commercial Building also has a chance."

By the way, I'm currently working at Paramount, transforming its tea restaurants into rental properties to stabilize the company's income.

The risk of losses for a tea restaurant is too high; rent-collecting properties are a safer bet.

Lin Luoqi agreed: "Mr. Jiang, your decision is wise. Tea restaurants are indeed difficult to run, so transforming into rental properties is a good solution."

Lin Luoqi then mentioned his elder brother, Lin Luoxun: "Boss Jiang, my elder brother Lin Luoxun has invested a lot of money in the Industrial Building property..."

The market is currently sluggish, and it's impossible to find a buyer.

I plan to report my father, Lin**, to him for misappropriating project funds to cover loans for Jide Real Estate Company, as retaliation for the previous provocations by my brother and me.

Upon hearing this, Jiang Tiansheng's eyes lit up: "Boss Lin, this is a good opportunity."

This would not only weaken the opponent, but might also allow us to profit from it. Could you elaborate?

Lin Luoqi said, "I have already obtained some evidence. Once my father finds out that Lin Luoxun embezzled funds, he will definitely be in big trouble."

Furthermore, I could take this opportunity to suggest that Yiren Real Estate Company take over those industrial building properties and revitalize them.

Jiang Tiansheng's eyes lit up, and he said, "Boss Lin, this is an opportunity."

"I have a plan that can help you seize control of Kidd Properties."

Lin Luoqi asked with some doubt, "Boss Jiang, what's the plan? Tell me quickly."

Jiang Tiansheng said, "After you take over Kidd Properties, sell the first floor of the Central Fu Hing Building to Paramount at market price. That's my condition."

Lin Luoqi thought for a moment and said, "Mr. Jiang, I can accept these conditions. But how do we seize control?"

Jiang Tiansheng continued, "You create some 'stir' within the family and use the minority shareholders of Haofeng Real Estate to exert pressure."

However, you must act impartially and selflessly in this process to gain the trust and support of your family.

Lin Luoqi was still a little worried and said, "Mr. Jiang, is this plan feasible? I'm afraid there will be a lot of resistance from within the family."

Jiang Tiansheng encouraged him, "Boss Lin, how will you know if you don't try? As long as you operate properly, the chances of success are very high."

Think about it, once you acquire Kidd Real Estate, it will greatly enhance your status within the family.

Lin Luoqi gritted his teeth and said, "Okay, Mr. Jiang, I'll give it a try. But I'll still need your advice."