"China Automobile Co., Ltd.?" Su Cheng had never paid attention to this company.
There are so many long-established enterprises in Xiangjiang. Although the area is not large, there are many enterprises with decades of history.
With their long history, established companies may indeed be able to hoard a lot of land.
This is the case with Hong Kong Electric Group, Wharf Group, Hutchison Whampoa Group, etc.
Especially for public institutions, like Hong Kong Electric Group, the government has provided a lot of convenience for land hoarding in the past.
China Automobile Co., Ltd., as a bus company, is of course also a public institution.
So, according to what Zheng Qingbo said, it is not surprising that this company used to stockpile a lot of land at very low prices.
"Okay, I get it. I'll pay attention when I have time." Su Cheng didn't say much to Zheng Qingbo on this issue. If he was really interested in this company, he would eventually hand it over to Tianyuan. The investment company was responsible for the secret acquisition instead of leaving it to Zheng Qingbo.
Afterwards, Su Cheng and Zheng Qingbo chatted a lot about Tianqi Property Company.
Sioux City attaches great importance to this property company. After all, the value of these properties may not reach 10 billion Hong Kong dollars now, but in the next 20 to 30 years, it will definitely appreciate by dozens of dollars. times.
Moreover, in addition to the appreciation of the property itself, the rental has also been creating benefits for Sioux City in the past 20 or 30 years.
So, when all this money is added up, the benefits created are not as simple as dozens of times, but hundreds of times or even more.
It can be said that Tianqi Property Company is used to create foundation for the Su family.
Even if his other businesses suffer losses in the future, he will still be invincible because of his ownership of Tianqi Property Company. This is his confidence.
After staying at Tianqi Property Company for more than an hour, Su Cheng left.
He did not go upstairs to find Yang Chaoye, but directly asked the driver to take him to Tianyuan Building.
In the car, Su Cheng called Zhang Qizheng and told him that he would be there in a moment and asked him to wait at the company.
Twenty minutes later, Su Cheng arrived at Tianyuan Building in North Point.
In the general manager's office, Su Cheng also saw Zhang Qizheng who was waiting for him.
"Boss, it's a good thing you called me, otherwise I might have gone to the Kowloon Peninsula." Zhang Qizheng said when he saw Su Cheng.
"Oh? What's going on in Kowloon Peninsula?" Su Cheng asked curiously.
"Go to the Xiangjiang Stock Exchange. The trader there called and asked me to come over." Zhang Qizheng said.
"About the acquisition of Huifeng Bank?" Su Cheng suddenly thought of this. At present, the biggest task of the trading team in Xiangjiang is to secretly acquire the shares of Huifeng Bank.
In addition to those in Xiangjiang, there are traders in the United Kingdom, the United States, and France who are targeting this stock, because this stock is listed on multiple exchanges.
“Boss, you are right. The acquisition of Huifeng Bank shares has been steadily advancing these days. According to the latest data available, the four traders have acquired a total of enough stocks. It is already 3.89%. It is estimated that next month, the Huifeng Bank stock we acquired will exceed 4%. We are getting closer and closer to becoming the major shareholder of Huifeng Bank. Today, the trader in charge of Xiangjiang called us. I reported that there was a stock with a relatively large volume, but the price was a little higher than the normal trading price, so I went over to see if I should absorb it all at once," Zhang Qizhenghui reported.
Su Cheng looked at the time. It was now half past one in the afternoon, which was still early.
For stocks like Huifeng Bank, if the listed stock is higher than the average trading price, it is generally not easy to sell. Therefore, under normal circumstances, stocks whose prices are higher than the average trading price will be sold in a short period of time. Almost no one will buy it. The stock exchange's working hours are until four o'clock in the afternoon. If Zhang Qizheng can go there before this time, there will be no problem.
However, Su Cheng still asked: "You're not in a hurry to go over and do something, are you?"
"This is not a hurry, the acquisition of Huifeng Bank shares is , It’s a protracted war, don’t worry, I’ll go over later to check on the situation and there’ll be no problem,” Zhang Qizheng said with a smile.
"Just don't be in a hurry. I just asked you to do something." After Su Cheng finished speaking, he took out a folded A4 paper from his pocket and handed it to Zhang Qizheng.
Zhang Qizheng took the A4 paper and read it carefully.
"Boss, is this the property you intend to acquire?" Zhang Qizheng looked at it briefly and then put the paper on the table and asked.
“These are some properties that Mr. Zheng Qingbo, the general manager of Tianqi Property Company, helped me pay attention to recently. I took a look and thought they were pretty good. You can find someone to help me investigate at some time. If they are suitable, I will buy them at a lower price. No. Whatever suits you, Su Cheng said directly.
"Okay, I understand." Zhang Qizheng put the paper away and nodded.
He is very experienced in this matter. When the time comes, he will find the negotiation team of Hutchison Whampoa Group to lower the price and make the acquisition if it suits him.
"In addition, there is one more thing. I may acquire a listed company recently, so be prepared." Su Cheng continued.
"Oh? Which company is it?" Zhang Qizheng became curious.
The companies that can catch the eye of the boss should not be small businesses, but at least well-known companies in Hong Kong.
"China Bus, I plan to control it, but before that I let someone investigate first." Su Cheng didn't hide anything and said it directly.
"China Bus? Boss, do you think of acquiring it so suddenly?" Zhang Qizheng asked strangely.
As far as he knows, although this company is a well-known company in Hong Kong and has stable profits, it is not very profitable to say that it is profitable. It is not as profitable as the Hong Kong Electric Group, because the Hong Kong Electric Group is now involved in Real estate and other industries are no longer the public institutions that only rely on selling electricity to make profits.
As for China Bus, apart from operating bus business, it has no other business.
As the population of Xiangjiang continues to increase, the bus business is indeed a profitable industry, but the profits are not very high.
This is also the reason why the stock price of China Bus is low.
"I am interested in many land parcels under the name of China Bus. If I can acquire China Bus, I can control these parcels of land at a relatively low price." Su Cheng explained.
According to the property values announced by the government, the net fixed assets of China Bus alone are HK$1.554 billion, including a large amount of cheap land.
However, today’s market share price of China Bus is less than HK$1 billion.
Moreover, Su Cheng does not need 100% control, he only needs to acquire about 50% of the stock, which is enough.
In other words, if nothing unexpected happens, he only needs to pay 300 to 400 million Hong Kong dollars to control this property worth 1.5 billion Hong Kong dollars.
This is good business. (End of this chapter)