Tao Liangchen
Chapter 326 Unusual Movement
After taking a look around again, he realized that home was indeed better.
For example, going out for a drink with an old flame, or running into old friends. That wouldn't happen in Silicon Valley. At most, he would run into some employees on the street, exchange greetings, and that would be it.
The friends he made in Silicon Valley were ultimately not as close as his old friends. So, even though he knew that staying in the United States offered the chance to earn more money, Su Yehao still didn't want to live on the other side of the ocean for a long time. After coming back, he felt much more comfortable.
The first floor of the bar was too noisy, so he followed He Shaofan to the second floor, which was equipped with soundproof glass.
There was a long bar on the second floor, where the drinks were slightly more expensive, but the atmosphere was more comfortable. Next to the round tables were low, comfy sofas, and a beautiful waitress in a white shirt was wiping the glasses.
After sitting down…
Su Yehao let out a long sigh and said, "It's too noisy downstairs. My eardrums are about to explode. How come you're the only one here? Where are Baoya Jun and Zhugan?" (Baoya Jun - Bucktooth Jun; Zhugan - Bamboo Pole)
He Shaofan had previously fallen into a trap set by a female dealer, spending more than 200,000 Hong Kong dollars on her, only to be beaten up in the end.
Although he had successfully sent her to jail, he still had a scar on his forehead from the stitches.
After listening, He Shaofan laughed and said:
"They'll be here in a bit. You're busy with your big business, Hao. We've been busy too, negotiating with the owner of this bar, planning to take it over with an investment of around 25 million Hong Kong dollars. Mostly my family's foundation will provide the money, and they'll each put in a million. The profits will be split among us. It's supposed to be my twentieth birthday present. I begged my dad for a long time before he agreed."
"Including the shop, a total of over 20 million?"
Su Yehao looked around. The place could accommodate three or four hundred customers and was located in Lan Kwai Fong, which had a vibrant nightlife. The price seemed relatively reasonable. The decor looked new, so it could be used for at least a few years after taking over.
"Yeah, it wouldn't be this expensive without the shop. How about you? Business has been good lately, right?" He Shaofan asked.
With a touch of pride, Su Yehao said, "I made a move to acquire an American company worth over 3 billion Hong Kong dollars. Didn't you see it in the papers? If I wasn't so busy I was about to explode, I would have called you guys out for a meal. I made some money investing too. Who was it that said only an idiot would partner with me?"
He Shaofan's envy was written all over his face. He raised his middle finger and said with a laugh, "Fuck you! Are you deliberately trying to piss me off? When my bar makes money, I'll see how I can get my own back."
If he wanted to get his own back, he probably had no hope in this lifetime.
Su Yehao smiled without saying a word.
He was very mindful of his image in front of ordinary people, generally refraining from showing off whenever possible. However, He Shaofan was different. This guy had grown up on a mountain of gold since he was a child, never lacking food or clothing.
Take this bar, for example. He could just go home and hug his parents' legs, and he could buy it if he wanted to.
Even though the gap between him and Su Yehao was gradually widening, his life was still quite comfortable. Even after the financial crisis, his family still had assets in the tens of millions…
The topic shifted to Baoya Jun.
It was said that Baoya Jun was recently pursuing a female senior, and he was so in love that he was willing to die for her, showering her with gifts, but she simply ignored him.
After hearing this, Su Yehao only felt that the guy was asking for trouble. Who hadn't liked a few unattainable girls when they were young? There was no need for sympathy or comfort; it was better to just watch the fun.
Since Nong Qingying was present, He Shaofan didn't talk about sensitive topics.
It wasn't until she went to the restroom that He Shaofan told Su Yehao:
"Oh, right, I saw Zhao Yimeng last week. Her parents were having dinner with my parents at a restaurant in Central, so they called us over too. Honestly, I was kind of expecting it, thinking that maybe the families wanted to set us up, but when I got there, I realized that wasn't the case at all. The eldest Miss Zhao seemed very interested in you, asking a lot of questions about you. Damn, you're surrounded by so many beautiful women, how could she take a fancy to you too? Seize the opportunity and take her down in one fell swoop. It would be like keeping the water in the family. Maybe we can even become brothers-in-law in the future. Last time, I added the younger Miss Zhao's tAt…"
Su Yehao didn't feel like he had been taken a fancy to, and only thought that He Shaofan had misunderstood.
His heart stirred slightly.
Su Yehao asked tentatively, "Why were your families having dinner together? Were they planning to buy the Donghuang Garden Hotel in Central?"
"No, my family already has a building in Central. With the recent market conditions, it's hard to even rent it out. Why would we continue to buy?"
He Shaofan shook his head and continued, "They were discussing the Donghuang · Huayu Mountain residential project being developed by Donghuang Group in Mid-Levels. The contract has already been signed. My family's company bought 40% of its shares. Anyway, my parents are quite happy, feeling like they got a great deal."
"...If they don't sell in the short term, it's indeed a bargain at the current price."
After Su Yehao finished speaking, he began to drift off, considering the matter.
Based on the current situation of Donghuang Group, the short-term debt was basically no problem, and there was no rush to repay the long-term debt. The stock price had already fallen to a relatively reasonable level. It seemed that there was no need to continue to sell core assets in such a big way.
He Shaofan's parents might think they got a bargain, but Zhao Yimeng's parents couldn't possibly not know this.
Hong Kong stock prices had fallen by more than half compared to their peak. This was clearly an overselling for high-end properties. After all, the market demand was there, and some wealthy people were buying at the bottom. Therefore, the best strategy in the short term was to wait and see.
In short, they had already fallen so much, so why not gamble on a rebound?
Since the Southeast Asian financial crisis began, over the past year or so, the situation seemed very bad, but in reality, it had only squeezed out the bubbles in the stock market and the property market. The fundamentals were still solid. The exchange rate had not collapsed, and trade had not been greatly affected.
In this situation, the Donghuang Group's constant moves seemed somewhat unreasonable.
After seriously considering it, Su Yehao combined it with the phone call he had with Zhao Yimeng last time, when she mentioned that her family had met with Su's father and also wanted to try their luck in the mainland. He vaguely guessed that the Donghuang Group might have big plans.
He only had a little interest in taking over the Donghuang Garden Hotel in Central, but thinking that Donghuang might be able to turn things around by developing in the mainland, this made Su Yehao very concerned. On the one hand, it meant that Donghuang Group's stock price had potential, and on the other hand, it also presented an opportunity for it to join hands with Sihai International.
For example, the Guangzhou Tianhe District Cultural Tourism City project that was discussed last year. The negotiations were actually relatively smooth, but because Sihai International couldn't come up with so much money, it couldn't swallow two super-scale projects at once, which is why it was temporarily put on hold.
But if he could find a way to guide them, maybe he could join forces with the slightly recovered Donghuang Group, pushing Sihai International back to its glory days.
He had taken 600 million Hong Kong dollars from Sihai International last time, and Su Yehao could squeeze this money out.
Compared with the Tianhe Cultural Tourism City, repaying McKinsey's loan later was nothing. The monthly interest was only 1.5%, which could be easily paid with stock market profits alone.
The more he thought about it, the more he felt there was an opportunity to take advantage of the situation. Su Yehao decisively sent a text message to Zhao Yimeng, writing, "Make time tomorrow to talk in person?"
He Shaofan didn't know what Su Yehao was thinking. He leaned in and looked at the note on the phone screen, saying with a face full of admiration:
"As expected of Hao, your speed is beyond my reach. But if you fail and get beaten up, don't mention my name. There are too many people staring at Zhao Yimeng, but there are much fewer people staring at her younger sister, Zhao Dingling. I'm still planning to give it a try..."