The living room was spacious enough, so there was no need to worry about the smell of smoke.

Su Yeye skillfully trimmed the cigar, lit it with a heavy lighter, and exhaled a long puff of smoke.

He wasn't addicted to cigars, just smoked them occasionally to relieve stress.

Two years ago, he took a box of large Havana cigars from Grandpa Tang. There were twenty in total, and half of them were still left.

Hearing Master Jiang mention the acquisition of Casino Electric Power Company, Su Yeye replied:

"We're offering a valuation of HK$5 billion, which is a full twenty-five times the price-to-earnings ratio. We're helping the shareholders of Casino Electric Power Company cash out their earnings for many years to come all at once, so the conditions we're offering are indeed quite good."

"Yes, the global economy has been good recently. After cashing out, they can reinvest the money and likely earn even more profit. Even if Casino Electric Power went public, it would be worth at most around HK$5 billion. If I were them, I'd be happy to cash out, so it hardly took any effort. After their headquarters discussed it, they all agreed."

Master Jiang hesitated for a moment, then asked:

"I've been wanting to ask you, are you sure this company can make money? After I had someone investigate its situation, I wanted to call you, but since you wanted to acquire it, there must be something I haven't discovered."

Su Yeye didn't know whether to laugh or cry, and immediately shook his head, saying:

"Uncle Jiang, don't misunderstand. Although the electricity consumption in Casino will increase a lot in the future, such as street lights, home appliances, casino hotels, and my Emperor Crab Island, the appreciation potential of Casino Electric Power Company is still very limited, at most it will only double. The reason I plan to acquire it is mainly because I want to build offshore wind farms. At that time, it will be both a scenic view and in line with the positioning of an ecologically friendly island. In the future, I can also promote electric vehicles, which will serve as a calling card."

After listening to his words.

Master Jiang suddenly understood and said with a smile:

"I knew it, you definitely weren't going for Casino Electric Power Company itself. Even investing the money in hotels would make more money than that now. Mainland tourists are coming in droves, and all the hotels under the company are fully booked. Investing in and acquiring a hotel would take about six or seven years to recover all the capital."

Hearing that Master Jiang still wanted to acquire new hotels, Su Yeye calmly replied:

"Currently, tourists are not familiar with Hong Kong City and like to travel in groups. In the future, most tourists will likely choose independent travel. While the company is performing well, we can go public and raise some capital. Mainland tourism companies are also gradually developing, and this business may not last for many years before it reaches its peak."

They had discussed similar topics before, and Master Jiang knew what was going on. He wore his happiness on his face and said:

"I understand. I haven't been paying much attention to Hong Kong Hao Tourism recently. I've mainly been busy with the real estate projects in the mainland. Your father introduced me to many people, and last time I took a piece of land in Guangzhou, more than seven hundred mu in total, enough for me to develop for a long time."

Master Jiang's real estate business in the mainland was progressing particularly smoothly, and the second phase of the houses that had been launched before had also been sold out.

In the market, some buyers had already tasted the experience of developers running away or leaving projects unfinished, and more were cutting corners, even rumors of using bamboo instead of steel bars, which scared many buyers.

Master Jiang, under the banner of a Hong Kong businessman, and with close ties to Su Yeye, people believed that he would not go against his conscience to earn their meager savings, so he successfully stood out and attracted the attention of many home buyers.

Su Yeye's rise was too fast.

So much so that some of his early plans, which he thought would be important, now seemed dispensable.

For example, Hong Kong Hao Tourism Group, although it can earn money every year, it has a lot of troubles, and all the money earned is hard-earned money.

If it were sold off as a whole now, and the money from the sale was invested elsewhere, in fact, it would mostly be able to earn more. The biggest wave of dividends had already been seized by Su Yeye, and what remained were just scraps, so he suggested going public.

In fact, they should have gone public last year.

However, due to SARS and other reasons, Hong Kong City's tourism industry was affected, and it was not a good time to list on the Hong Kong Stock Exchange. This year, the Hang Seng Index has been performing quite well, and has been warming up and rising since the beginning of the year.

The two of them were chatting in the living room, and Jiang Yu came to join in the fun.

She touched her belly from afar and reminded, "There's a pregnant woman here, are you two actually smoking cigars?"

She had just found out she was pregnant, and the excitement hadn't passed yet. In fact, she had only been pregnant for a little over a month, and Jiang Yu's belly hadn't changed at all.

Master Jiang, who was smiling from ear to ear, immediately said:

"Okay, okay! You win. We'll go smoke in the yard, that way it won't affect you, right? When I received the call this morning, your mother and I were overjoyed. Do you know if it's a boy or a girl?"

Su Yeye shook his head: "It's not clear yet, it's the same whether it's a boy or a girl. Did Jiang Yu mention to you that I asked her to serve as a member of the family trust supervisory committee?"

"...We talked about it briefly. You're donating so many assets just like that? Although the Americans have been playing with it for many years, maybe I'm an old antique, but it always feels a little strange."

Master Jiang said.

The so-called strange thing refers to transferring assets from personal ownership to family charitable trust foundation ownership.

Although it is still managed by Su Yeye for a long time, it is nominally no longer owned by him personally. It seems like the same thing, but there is a subtle difference.

Su Yeye explained:

"It's just moving from the left hand to the right hand, it's still the same thing. When Casino completes its tax reform, I will put the registration place of the trust fund in Casino. I won't hide anything from you when we're chatting at home. I have always had a deep fear of the robber genes of Europe and the United States. If I touch their interests in the future, they may stop at nothing to deal with me. Therefore, it is impossible for me to put my assets in the British Cayman Islands, or the British Bermuda Islands."

Master Jiang expressed his understanding of this, and naturally felt that a portion of such a huge asset would belong to his grandson or granddaughter in the future. He subconsciously began to worry unnecessarily, and nodded:

"That's right, no matter what the European Union, Australia, or Canada are, they make their own decisions on small matters, and only listen to the United States on big matters. Over the years, anyone who has been targeted by the old Americans has not had a good ending. Instead of continuing to earn more and more money, Ahao, you should focus on stability and security. Putting it in Casino is indeed more stable, at least under your own eyes, it is impossible to be suppressed or even frozen casually."

Usually doing business is about profit, but family trusts are about security first.

Looking around the world, Casino is not competing or fighting, it is stable and harmonious, and it is a rare piece of pure land. Except for some problems with relatively high taxes, it is indeed suitable as a base camp.

The food was served, so they went to eat first.

At a glance, there were lobster with gravy, honey-glazed barbecued pork, abalone in sweet sauce, and chicken wings in casserole, as well as a few home-style stir-fries.

There was no need to be too polite. After thanking Jiang Yu's mother, he started eating first...