Tao Liangchen
Chapter 250 Abuse of Power?
Last year, on the day the accident happened, he heard that Qiu Yaohe had invested in the research and development of new drugs, losing three hundred million Hong Kong dollars in just two years.
Then, that guy came to the door seeking investment, wanting to cooperate with Su Yehao's father to be an agent for Bp machines in the mainland.
If you were to say that Qiu Yaohe didn't have a business mind, he could indeed grasp some business opportunities. Whether it was the pharmaceutical field or the communications industry, they were both goldmines that were booming in this era.
However, Su Yehao couldn't bear to look at this young master Qiu's financial luck.
It can only be said that he was blinded by a leaf, only seeing the opportunities but ignoring the risks behind them. He was a typical example of someone who was incompetent but had a strong desire to play, always thinking that he was the lucky one who could make a fortune, but his abilities were not enough.
Recalling the scene of meeting Uncle Qiu's son in this office last year.
At that time, Su Yehao kindly reminded the other party, clearly reminding him that this industry was risky, but Qiu Yaohe blocked him with a sentence of "How could it not sell?" He wouldn't turn back until he hit a wall, and even thought about making a fortune and then selling the agency rights to cash out.
After all, they were only half-strangers, so Su Yehao was too lazy to waste his breath, lest he try to please someone and end up achieving the opposite.
At this moment.
If Uncle Qiu's father wasn't present, Su Yehao would have just wanted to say, "Serves you right for not listening to advice."
After all, he was his own father's good buddy, so he hid these words in his heart.
Although he lacked affection for the young master Qiu he had met once, Uncle Qiu's way of handling things was impeccable. When he went to the Su family's mansion to play cards, he often slipped Su Yehao some money.
Even if he wasn't home, he would entrust the second mistress or the family's maids to help hand it over. No matter how much or how little money it was, it was still a kind gesture.
Considering the Sihai International Cultural Tourism City project in Pengcheng, Uncle Qiu invested two hundred million Hong Kong dollars, earning back the money his son had lost, which would probably be effortless...
Uncle Qiu's family fortune was abundant, and he was also a potential buyer.
In front of Uncle Qiu and his father, Su Yehao briefly mentioned the news that the Donghuang Group was short of funds and planned to sell some assets at a low price.
After Su's father finished reading the document, he handed it to Uncle Qiu and said, "I knew that Old Zhao's days were not good, but I didn't expect the situation to be so bad that he would release several core projects at once."
"Yes, the Donghuang Center near the Lisboa, a shopping mall, three office buildings. I heard that the total investment cost reached one billion Hong Kong dollars, and now it is being traded externally. There is also the Fisherman's Wharf project, a joint venture with the gambling king. In principle, even if it is transferred, it should be sold to the gambling king first. Has he been contacted and did the negotiations break down?"
After Uncle Qiu finished speaking, he looked at the information at hand again and fell into deep thought.
They are all successful businessmen in the eyes of outsiders. Although there are some lucky factors, those who can become like Uncle Qiu and Father Su must not be too bad in their minds and abilities.
Combining various information, it is easy to guess that this is an opportunity, an opportunity to trade the core projects of the Donghuang Group at a low price. At the same time, it can also be guessed that the current situation of the Donghuang Group is likely to be worse than the rumors outside.
Having been in the business world for many years, where does so much help in times of need come from for no reason?
Whether it was Father Su or Uncle Qiu, they were each wondering whether it was profitable.
After getting a positive answer, Uncle Qiu murmured: "The eldest daughter of the Zhao family directly released the news, it should not be a rumor. I have been to the Donghuang International Building in Kowloon, more than thirty stories high, just completed in 1993. It is very attractive to use for rent."
"Uncle Qiu, are you interested?"
Su Yehao smiled happily, and then said:
"That doesn't matter, I fancy the Donghuang Central Plaza, and the residential land on Taipa Island. Dad, can you squeeze some money to try to eat them? If that doesn't work, the Central Plaza near the Lisboa will be yours, and I will buy the land on Taipa Island, keep it until I have enough money, and then ask the construction team at home to help me build the property."
The continuously declining Hong Kong City property market has successfully scared away batches of real estate developers.
Fortunately, the risk has been released in part, and some people even feel that it is already safe, even if it continues to fall, the decline will not be too large.
Compared with Hong Kong City, the base price of houses and land in Casino is low. The difference is nothing more than the price of ordinary new houses, falling from seven or eight thousand to six or seven thousand.
It is precisely because of confidence that Father Su has recently been looking for land, planning to replicate a cultural tourism city in Casino to fill the market gap.
Hearing Su Yehao's words.
His father thought for a moment and suddenly asked with a smile:
"Why would the eldest daughter of the Zhao family contact you? It's not like she doesn't know where my company is, wouldn't it be better to come directly to me? Could it be that you, kid, are using public office for private gain, wanting to use my hand to relieve the debt pressure on your little daughter-in-law's family?"
"Little daughter-in-law? Is there such a good thing?"
Uncle Qiu decisively clasped his fists, full of smiles, and said: "Congratulations, congratulations, if your two families join forces, where will other real estate developers in Casino have a way to survive? You'll have a few years less of hard work!"
The corners of Su Yehao's mouth twitched, and he said:
"Don't listen to my dad's nonsense. Zhao Yimeng is worried that after the news is leaked, it will affect the stock price of the Donghuang Group, so she first used me to test the waters. Regardless of other issues, just look at whether you can make money after you get the project. Anyway, I think there are risks in the short term. From a long-term perspective, our projects in Casino and Singapore are worth a try. Forget about the buildings and land in Hong Kong City, leave them to those who are brave enough to gamble."
Uncle Qiu nodded and said:
"...That's the logic, there's no need to worry about the Donghuang Group. When you encounter promising projects, as long as the price is right, it's definitely worth a try. When a financial crisis meets company risks, we can negotiate together and try to push the price to the bottom. There must be room for profit."
After that.
Two big and one small three men gathered in the office to evaluate the projects for sale one by one.
Listening to Su Yehao and Qiu Wanfeng singing along, Father Su became more and more excited, and directly suggested taking a car to go out and conduct on-the-spot inspections of the projects located in Casino, including two pieces of land, a complex, and a five-star hotel.
As for Hong Kong City, the Donghuang Group headquarters building is preparing to take out the right building of the twin towers for trading, and there are also two residences that are almost completed.
No wonder when studying at Donghuang Rose Middle School, most of the students felt that Zhao Yimeng's family was richer. The Donghuang Group, which had already been listed, did have a solid foundation. The total value of the first batch of assets for sale was about forty billion Hong Kong dollars.
If these projects can really be traded in the short term, plus the Donghuang Group's hundreds of millions of cash on hand, it doesn't seem difficult to successfully reduce the debt ratio, provided that buyers can be found smoothly.
After seeing the open space on Taipa Island, Su Yehao has decided to borrow more than two hundred million Hong Kong dollars...
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After passing the buck to his own father, Su Yehao was not affected.
According to his plan, he took a boat to Hong Kong City that night. Hong Kong University starts tomorrow, Jiang Yu and Nangong Tian both took his yacht and went to the mansion on Big Wave Bay Road together.
The top-level villa, which was worth 150 million Hong Kong dollars a few months ago, may not be able to sell for 100 million Hong Kong dollars now.
Anyway, I'll keep it for myself to live in, so it doesn't matter how much it's worth.
After settling down, it was already past ten o'clock in the evening. The three of them went out to Causeway Bay to visit the night market and taste street snacks...