Reborn since 1993

Chapter 901 Planting the flag
When passing by Central, Li Dongling looked in the direction of Lin Xianhui's finger and saw a nearly 32-story building that was being renovated and its signboard was replaced. The Dongling Hi-Tech logo could be faintly seen on the roof.

"Last year, the highest price of this building exceeded HK$37 billion. It was owned by a British man. On the eve of Hong Kong's return to China, the British man ran back to England, and the building was taken over by a Hong Kong real estate company!
However, this year, after Soros came, the building's valuation plummeted, and the real estate company that took over the building was facing bankruptcy. Dongling Hi-Tech Harbor City Company took over the building again for HK$7.4 million!"

"In the future, this will serve as the headquarters of Tanglin Hi-Tech Harbor City Company. In addition, Cyberport, Zhixing Foundation, Yaan Security Company and other Tanglin Hi-Tech-affiliated companies in Harbor City can also move here to work!"

There was inevitably excitement in Lin Xianhui's words. In a place like Hong Kong where every inch of land is valuable, even houses are measured in feet, not to mention office buildings. Many companies rely on renting offices, including some large companies in Hong Kong, which may not necessarily have their own office buildings.

Here in Central, it is even more difficult to acquire an office building. Buying this building is equivalent to officially planting a flag in Hong Kong City and announcing that Dongling Hi-Tech will take root in Hong Kong City!

It is equivalent to being neighbors with the Bank of China Building, Cheung Kong Center Building, Citibank Building, Central Plaza, etc. You can imagine how valuable the land is.

Li Dongling looked at the buildings in Central. Just from Lin Xianhui's words, he could feel the tremendous changes that had taken place in the Hong Kong city.

Now the Hong Kong Financial Management Bureau is still struggling with the international hedge fund headed by Soros. Hong Kong has chosen to maintain the exchange rate and continuously raise interest rates.

This caused the Hong Kong city's stock and property markets to plummet almost precipitously. After all, money is limited and it is impossible to protect it all.

If you want to protect the exchange rate, stock market, and property market, then in the end you may not be able to protect any of them!
Now, in addition to continuously raising US dollars, the most important thing for the Hong Kong City Financial Administration is to continuously raise interest rates, which is equivalent to increasing the cost for Soros to short Hong Kong City.

But the increase in interest rates is like a thunderbolt for those who borrow money from banks.

Especially for those people and companies who borrowed money to buy stocks and real estate, they watched helplessly as the stocks they bought turned into waste paper and the valuations of the buildings they bought plummeted every day. In the end, even the price of the house was less than the money they owed to the bank. In this situation, it would be strange if they didn't collapse mentally.

In addition, people in Hong Kong were in a panic at that time, and countless people were cashing out, with no one to take over. As a result, all the properties, shops, office buildings, etc. in Hong Kong were not just falling to the floor price, but were almost going straight to the basement.

Just like the building acquired by Dongling Hi-Tech Port City Company, the selling price was more than 3 billion Hong Kong dollars at the highest price, but now it is bought for less than 1 billion.

The real estate company that owns the building can of course choose not to sell it, but it can just wait for bankruptcy.

After it goes bankrupt, all of its properties, including this building, will be put up for auction. But given the current market conditions, Hong Kong's giant companies and wealthy families are all desperately selling off properties to repay bank loans and raise cash for self-protection. They have no spare cash left to waste.

A family like the Changjiang Li family is constantly investing overseas, so why would they want to acquire industries in Gangcheng? When the auction comes, Dongling Hi-Tech Gangcheng Company will still be able to be purchased!

Therefore, by selling at a discounted price in advance, the real estate company can make some profit and the executives can also cash out some.

"In addition to this office building, before Manager Hu Zixian came to Hongcheng, Dongling Hi-Tech Hongcheng Company also acquired some other industries during this period!"

"These include shops in Causeway Bay, Tsim Sha Tsui, Mong Kok and other places, as well as some villas, buildings and land."

Lin Xianhui looked at Li Dongling and said, compared to the wealthy families in Hong Kong such as the Changjiang Li family, who started to run away when they saw that the situation was not right, Dongling High-tech Company, on the other hand, entered Hong Kong in a big way.

It cannot be said that the head of the Changjiang Li family did something wrong. He was avoiding risks. His famous saying is not to make the last penny, and Mr. Li also agrees with it.

But sometimes, we cannot act according to that set of rules completely and we cannot avoid taking even the slightest risk. It is like when the enemy attacks you and you have a lot of money, food, and people, so you could have held out, but regardless of whether you can win or not, you just have to hold out a little and hold your position, thus buying time for friendly forces to come and defend.

However, in order to preserve their strength, they ran away without firing a single shot, leaving the key position to their opponents. This was certainly not wrong, but this retreat sold out all their teammates!
Li Dongling nodded. After purchasing these industries in Gangcheng, Dongling Hi-Tech has established a firm foothold in Gangcheng.

This is certainly not all. Dongling Hi-Tech will continue to make acquisitions and investments in Hong Kong City in the future.

Just as Li Dongling positioned Dongling Hi-Tech Harbor City, that is, Dongling Hi-Tech's bridgehead overseas! Harbor City can radiate the entire Southeast Asia region, and many policies are different from those in China. Dongling Hi-Tech's establishment of an overseas headquarters in Harbor City can also handle overseas affairs more conveniently and flexibly.

In the future, when domestic foreign exchange is no longer tight, a considerable portion of Dongling Hi-Tech's foreign exchange income will remain in Gangcheng Company, which can be used to acquire and invest in overseas companies, which will be more convenient. This place can also become a warehousing and distribution center for Dongling Hi-Tech's products to be exported overseas.

The most important thing is of course the issue of safety. Tanglin Hi-Tech may encounter accidents in other parts of Southeast Asia, but not in Hong Kong. This place has returned to the mainland and is the base of Tanglin Hi-Tech!
Dongling Hi-Tech has planted its flag in Hong Kong. No matter which so-called wealthy family in Hong Kong, or the overseas giant companies in Hong Kong such as HSBC, Citigroup and Standard Chartered, who dares to say that they can pull out the flag planted by Dongling Hi-Tech in Hong Kong?
It is easy to pull down the flag of Dongling Hi-Tech, but what we will face next is not Dongling Hi-Tech. The iron fist can not only beat those gangs and desperadoes, but also some wealthy families.

"How are the preparations going here?"

Li Dongling asked Lin Xianhui, and the latter certainly understood why Li Dongling came this time.

"At present, Dongling Hi-Tech Harbor City Company has selected a Hong Kong-listed company as an acquisition target for Cyberport Company!"

Lin Xianhui said to Li Dongling that the acquisition of Gangcheng Telecom was the first tough battle he had fought since he took office as the general manager of Dongling Hi-Tech Gangcheng Company!
This tough battle is destined to be recorded in the history of Hong Kong City's acquisitions. If Lin Xianhui wins, he will become a new rising top professional manager in Hong Kong City, and he will also become a powerful figure in Hong Kong City in the future!

As for the loss, if Hongcheng Telecom is snatched away by other acquirers, there is no need for Li Dongling to say much. Lin Xianhui should pack up and leave as soon as possible. However, it is estimated that no company in mainland China or Hongcheng will invite him to be the general manager again.

Li Dongling looked at Lin Xianhui, "Manager Lin, I don't think I need to say more about how important the acquisition of Hongcheng Telecom is.

Hanxi Dongling Hi-Tech Headquarters, Zhixing Foundation, including Tianya Company, have all given the greatest support to Cyberport. This is also the first tough battle for Dongling Hi-Tech to enter the port city. Yanjing is also very concerned about this acquisition. I don’t want anything to go wrong! "

Dongling Hi-Tech's support for Cyberport is not just financial. It also includes the integration of Tianya's Hong Kong City Forum into Cyberport.

In addition, the Yahoo Hong Kong City brand under the Zhixing Foundation, except for the Yahoo brands in mainland China and Japan, the rest of Yahoo brands in Asia, including Yahoo Siam, Yahoo Korea, Yahoo Singapore, Yahoo Malaysia and other brands, will also be handed over to Cyberport for management and operation.

This will transform Cyberport into a "well-known" Asian Internet company. Li Dongling even asked the Zhixing Foundation to register the domain name of China.com in advance and prepare to give it to Cyberport!
By then, Cyberport will be the "largest" Internet company in Asia. If it can acquire Hong Kong City Telecom, Cyberport will represent the light of Asia's Internet, and its market value will soar, right?
"Don't worry, Mr. Li, I know what to do!"

Lin Xianhui sat in the car and felt his back was a little wet.

Li Dongling did not speak again, but closed his eyes and rested, thinking about the acquisition of Hongcheng Telecom, not only considering how to acquire it.

This time Dongling Hi-Tech acquired the company under the guise of Cyberport. It would certainly not be possible for Dongling Hi-Tech to do so alone. This is not just a matter of money. At least one of the three major operators in mainland China must be involved.

After all, this acquisition was first proposed by Yanjing Post, the predecessor of Yanjing Information Industry Department. Li Dongling must find some big legs for Cyberport to lean on.

Moreover, it has the support of the three major mainland operators and has allowed them to invest in Hongcheng Telecom. If it acquires Hongcheng Telecom, then Hongcheng Telecom will be able to enter the inland for development. Otherwise, Hongcheng Telecom will never be able to enter the inland market in its lifetime.

Not only will Gangcheng Telecom be able to enter the inland market, but also the telecommunication markets in Southeast Asia and other places. Otherwise, it will not be easy for Gangcheng alone to open the door to the telecommunication markets in Siam, Malaysia and other places.

After all, sometimes, there are doors that cannot be opened by words, and there are some places that want to go back on their word and tear up the contract. Relying on the 055 destroyer with the gun barrel pointing upwards can make those people clear their eyes and regain their sanity. If you don’t believe it, just ask the place where wool is produced in abundance!

That is still the place of the Five Eyes Alliance. It is located in Southeast Asia, which is right at home and backed by the inland. It will be much easier for Hongcheng Telecom to enter Southeast Asia.

However, apart from matters before the acquisition, Li Dongling also needs to consider how to operate Hong Kong City Telecom after the acquisition is completed. Of course, in layman's terms, how to raise the valuation of Cyberport as soon as possible and then let the sucker, no, a rich person, preferably a rich person who has done something stupid, take over!

(End of this chapter)