Chapter 183 Billionaire Tycoon
"Mr. Lu, please take a seat." Not long after Liu Zhicheng arrived at the guest room, Lu Zhihe came to visit.

"Mr. Liu, your hotel is well run. Businessmen from Hong Kong are all scrambling to rent it for a long term." Lu Zhihe said with a smile.

The Hong Kong stock market is now at a high level, and Lui Chi-woo is also a super rich man. Preliminary estimates show his net worth is several billion Hong Kong dollars.

Due to the booming real estate in Hong Kong, stone is in short supply, and Daya Mining is a major shareholder of Qingzhou Yingmu and Daya Real Estate, the stock price has also been sought after by investors.

The market value of Daya Mining has reached HK$35 billion, and the market value of Daya Real Estate has also reached HK$22 billion. Currently, Lui Chih-ho holds 42.8% and 20% of the shares.

In this regard, Lui Chi-ho's net worth has reached 20 billion Hong Kong dollars. He also has unlisted assets. Therefore, it is not an exaggeration to say that he is a super rich man.

Although Liu Zhicheng had been busy all day, he was still very enthusiastic about the arrival of his old friend and said with a smile, "Mr. Lu is so kind."

Not long after they sat down, the assistant brought them tea and started talking about Daya Group, as it was their common business.

"Mr. Lu means that Daya Real Estate is preparing to enter the mainland real estate market development?" Liu Zhicheng asked slowly.

"Mr. Liu, we are a listed company. Now Daya Real Estate's real estate development in Hong Kong has basically stopped. This will seriously affect the market value.
What I mean is, since Hong Kong is temporarily shrinking, why not expand outwards? "

"Well," Liu Zhicheng knew what Lv Zhihe meant, nodded and said, "The mainland is one direction, but it is currently restricted by policies.

I suggest going in separate directions. Taiwan and Singapore are also good choices, and even RB can be invested in. "

Lu Zhihe was a little surprised. He had originally intended to invest in the mainland real estate market, but he did not expect Liu Zhicheng to recommend him to go abroad.

"Mr. Liu, do you mean to give up the mainland market?" Lu Zhihe asked in a consulting tone.

Liu Zhicheng thought for a moment and said, "We are not giving up on the mainland market, we are just postponing entry. I just think Taiwan and Singapore are good markets right now."

Liu Zhicheng just couldn't say for sure. If he really wanted to enter the mainland real estate market on a large scale, it would have to be after 92. That was the time to spread his wings and fly.

"Well, I will give full consideration to Mr. Liu's suggestion." Lu Zhihe nodded.

"Mr. Lu, since you want to invest in the mainland real estate market, you must be optimistic about it. You started out in the building materials business. Have you ever considered letting Daya Mining enter the mainland building materials market?" Liu Zhicheng asked.

Investing in industry in the mainland now is always better than investing in real estate development, and it is also an investment that the mainland government welcomes very much.

You can get both profit and benefit.

Regarding the next development of the Daya Group, Lui Chih-ho said that the two sides would compile it into a document and discuss it at the board of directors.

Finally, Liu Zhicheng invited Lu Zhihe to dinner. The two sides had a very pleasant communication and believed that the development of the Daya system would reach a higher level.

.........

The next day, Whampoa Hotel Building officially opened!
Outside the 218-meter-high building, there was a crowd of people. In order to ensure the smooth opening ceremony, Pengcheng City specially mobilized hundreds of police officers to the scene to maintain order.

On the marble platform at the entrance of the building, rows of flower baskets and balloons were placed, and above the entire gate, a huge banner was hung:

“Warmly celebrate the official opening of the first skyscraper in Pengcheng, Huangpu Hotel Building.”

Outside the crowd, many people were holding video cameras and constantly recording videos or taking photos.

These people are nothing more than journalists and ordinary Hong Kong investors.

Naturally, local government officials had already arrived, waiting for this glorious moment.

The senior city official's face was flushed with ruddy glow, and he kept greeting the people around him.

"Mr. Liu, congratulations on the opening of the building!" The senior official walked over, stretched out his hand and said to Liu Zhicheng with a smile.

Liu Zhicheng shook hands and said with a smile: "We also have to thank the senior officials for their support for our work."

"Of course, Mr. Liu wants to invest, so we will of course fully cooperate." The senior official said with a smile.

The two of them just discussed the investment promotion work in detail yesterday, so they will not touch on it again today, and will just talk about some formalities.

After a while, Hao Qingwen came over and said, "Mr. Liu, the auspicious time is almost here."

"Let's start!" Liu Zhicheng said with a smile.

In Hong Kong, Feng Shui is taken very seriously. Every building and even company opening will have an auspicious time and day.

Although we are now in the mainland, we have brought these customs here. Today's auspicious time is 10 am.

As several large speakers around the hotel entrance started to play, waves of rhythmic and cheerful singing rang out.

At the side of the hotel, six dragon dance teams jumped out happily and started performing on a flat ground in front of the hotel entrance. The audience outside were also attracted and there was thunderous applause, making the scene very lively.

Then it was time for several people to give speeches. Hao Qingwen, as the head of Huangpu Group, personally went on stage and praised his own company.

Afterwards, a deputy of Pengcheng City also took the stage to speak, but the main focus of his speech was on the stability of investment policies.

After all, there are many wealthy people from Hong Kong here today, and it is a very good opportunity to seize the opportunity to promote Pengcheng's investment attraction policies.

At 10 o'clock, senior officials and Liu Zhicheng cut the red cloth together, and the Huangpu Hotel Building officially opened!
After the opening ceremony, the doors of the building were opened and many people were able to enter and exit freely.

With so many media reporters present, Huangpu Group certainly would not miss the opportunity to promote the hotel and arranged a buffet for all the media reporters.

Naturally, friends in the media also began to praise the Whampoa Hotel.

The focus is on describing the high technology in the entire Huangpu Building, the magic of the revolving restaurant, and the abundance of food in the buffet restaurant.

At the same time, it shows that as long as we persist in reform and opening up, one day, ordinary people will be able to eat buffets with as much meat as they want every day.

The opening ceremony of the Huangpu Hotel Building in Pengcheng was also broadcast on TV news.

The entire project was linked to the reform and opening up, and the correctness of the reform and opening up was emphasized.

…………

The year is over with the sound of firecrackers, and the spring breeze brings warmth to Tusu. On the day of the Spring Festival, every household always replaces the old charms with new ones.

This year's Spring Festival saw the Liu family's addition of a new member, and the family was filled with joy and excitement.

For the Chinese, the new year truly begins only after New Year’s Eve.

Every Chinese person longs for family reunion, and New Year’s Eve is a symbol of reunion.

Since ancient times, Chinese people have attached great importance to family and kinship. Throughout the long history, no matter how the world changes, home has always been the harbor for people's hearts.

On New Year's Eve, Chinese families get together, spend time together, and express their love and blessings to each other.

In the Chinese community, almost no one will greet each other and wish a happy new year when they meet on New Year's Day.

But after New Year’s Eve, the greeting “Happy New Year” will continue to accompany us until the Lantern Festival.

And in Hong Kong, as long as you get married, you have to prepare "red envelopes". As the clock strikes midnight, the sound of fireworks and firecrackers rises one after another.

As the first firecracker sounded, it was like a bright meteor streaking across the night sky, bringing the joy and blessings of the New Year.

"Dad, Mom, and sister, Happy New Year!" Liu Zhicheng and Yang Minli raised their glasses at the same time and greeted their families.

"Haha, Happy New Year, Ah Cheng and Ah Min. We are very happy to see how loving you are now. We should say that this Spring Festival is the happiest one for us."

After that, he gave each of them, the couple and their eldest grandson, an "encouragement letter".

"Thank you, Dad. I hope you will always smile."

"Thank you, Dad!" Liu Zhicheng said, then he hugged Yang Minli in his arms and watched the fireworks outside the window.

The fireworks were still blooming one after another, and Liu Zhicheng was watching quietly for a rare moment. The fireworks filling the sky and the faint light set off his smiling face.

…………

After the Lantern Festival, even though the festival was officially over, Liu Zhicheng started his busy work again.

Last year, Shanfeng Investment’s successful acquisition of China Light and Power excited everyone in the Shanfeng Group.

If anyone had doubts about Shanfeng Investment's leading position in Hong Kong in the past, such thoughts can now be completely dispelled.

From the moment China Light and Power was incorporated into Shanfeng Investments, Shanfeng Investments became the undisputed strongest company in Hong Kong.

In fact, the significance of Shanfeng Investment's acquisition of China Light and Power is far more than just an increase in assets.

As one of only two power companies in Hong Kong, China Light and Power is the most stable money-making machine among all public utilities.

This is not an exaggeration at all.

China Power's profitability is stronger than that of banks, which are at risk of bankruptcy.

But as long as China Light and Power continues to hold its license, there will be no risk of losses.

For Liu Zhicheng, acquiring China Power is equivalent to acquiring a super money warehouse with long-term value preservation.

Not only can he withdraw sufficient cash flow at any time, but it also guarantees the improvement of his status in Hong Kong.

Currently, Shanfeng Investment owns four major money-warehouse-type businesses, namely port terminals, rental properties, ferry transportation, and power supply.

If we were to choose the most valuable and lowest-risk business, it would definitely be electricity supply.

In the previous life, the Kadoorie family successfully squeezed into the ranks of the top ten conglomerates in Hong Kong relying solely on the China Light and Power Company.

Sailboat Building.

Liu Zhicheng is convening management meetings for his companies.

Last year, Liu Zhicheng acquired China Light and Power, and the total market value soared to more than 50 billion Hong Kong dollars, almost half of the Whampoa Group.

However, as the dust settled on the acquisition, speculators in the stock market withdrew and the share price of China Light and Power began to fall.

In the first month after Liu Zhicheng took over China Light and Power, the market value fell below HK$50 billion. However, due to the booming Hong Kong stock market, the share price began to slowly recover.

Since the beginning of this year, the share price of China Light and Power has been fluctuating around HK$37, and the total market value has always hovered around HK$55 billion, which is similar to that of Hutchison Whampoa.

Shanfeng Investment holds a 40.5% stake in China Light and Power. His net worth from this listed company alone is HK$ billion.

Not to mention his holdings in Whampoa Group and Wharf Holdings. Now, due to favorable stimuli (investment in Port of Ferris and Port of Shekou), Wharf Holdings’ market value has reached HK$50 billion.

The market value of Whampoa Group has reached 130 billion Hong Kong dollars, and Liu Zhicheng's net worth has exceeded 115 billion Hong Kong dollars.

Liu Zhicheng officially became a billionaire tycoon!

Given that the Whampoa Group has an increasing number of rental properties and that China Light and Power is itself a monopoly organization, these two listed companies have become the most stable money warehouses under Liu Zhicheng.

It is no exaggeration to say that these two money warehouses are more profitable than banks and have strong risk resistance.

Even if an economic crisis or any other crisis occurs in the future, these two companies will be able to survive safely due to the special nature of their business.

Even if Liu Zhicheng does nothing in the future, relying solely on the current scale of these two companies, he will be able to ensure that he becomes a strong contender for the richest man in Hong Kong.

But Liu Zhicheng cannot be a businessman who is content with the status quo and has no ambition to make progress. He will not sit in the comfort zone of Whampoa Group and China Light and Power and enjoy his whole life.

Liu Zhicheng asked Han Chunxi: "Among the current Hang Seng Index component stocks, how many companies can surpass us?"

The Hang Seng Index component stocks were first compiled in 1964. At that time, the total number of listed companies in Hong Kong was only more than , and Hang Seng Bank selected of them as constituent stocks.

By 1969, the number of constituent stocks had increased to , and the Hang Seng Index was officially released to the public.

The industries that dominated Hong Kong's economy at that time were infrastructure and shipping. There were eight public utility stocks and six global shipping stocks in the constituent stocks. These two categories accounted for nearly half of the constituent stocks.

The real estate industry was not very important in the 1960s. There were only two real estate companies included in the constituent stocks at that time, namely, Jardine Matheson’s Land Development and Wheelock Properties’ Real Estate Investment Trust.

In 1972, when Sihui was founded, Chinese financial groups began to enter the capital market and influence the local economy.

These Chinese capitals are generally involved in the real estate industry, causing Hong Kong's economic pillar to shift to real estate and finance.

It is precisely because Hong Kong's economic structure is changing that Hang Seng Bank re-compiled its 1979 constituent stocks last year in .

The list of constituent stocks after the change includes a total of nine real estate stocks, which account for a larger proportion than public utilities stocks and have become Hong Kong's leading industry.

As for the current ranking of Hong Kong constituent stocks.

Han Chunxi said, "If we rank them by market value, the first is HSBC, the second is our Whampoa Group, the third is Hong Kong Land, the fourth is Swire, and the fifth is our China Light and Power."

Huangpu Group is the leader of Chinese-owned enterprises, but it is still not surpassed by British-owned enterprises.

Liu Zhicheng asked again: "Which other companies are in the top ten?"

Han Chunxi ranked the stocks based on the latest market value and continued to tell Liu Zhicheng: "Since the second half of last year, Li Chaoren has been buying up Hong Kong Electric shares in the stock market.
As a result, the share price of HK Electric has been continuously hyped for half a year, and its market value has continued to rise. It is now approaching the HK$5 billion mark, ranking sixth.

Mr. Li's Changjiang Company disclosed its full-year profit at the beginning of this year, and the high profits attracted enthusiastic pursuit from the market.

This caused the share price of Cheung Kong Company to soar, ranking seventh just after HK Electric.

Jardine Matheson ranked eighth, Wheelock ranked ninth, and Hong Kong Telephone Company ranked tenth.

From this ranking, we can see Liu Zhicheng's current status in Hong Kong. He himself couldn't believe that he had accidentally accumulated such a huge fortune.

(End of this chapter)