Chapter 731 Super Tuesday

"Mr. Lu, you're looking for Chinese Estates, right?"

After Xu Jiayin finished speaking, before Lu Liang could reply, he added, "Hengtai wants to develop New World."

"President Xu, I wish us a pleasant cooperation." Lu Liang smiled, as if he had already guessed that Xu Jiayin would choose New World.

Although Sun Hung Kai Properties and Henderson Land Development have more businesses in mainland China, the Cheng family also owns Chow Tai Fook in addition to New World Development.

In contrast, Sun Hung Kai Properties and Henderson Land Development are the core businesses of the Kwok and Li families, and if pushed too hard, they might resort to desperate measures.

As for Chinese Estates Holdings, it's no big deal that even Lau dared to flee abroad to seek refuge at such a critical time.

Since he's gone, let's just help him completely give up on the idea.

"Mr. Lu, would you like to change your clothes first?"

Xu Jiayin smiled and invited Lu Liang to her office upstairs for a detailed discussion.

Lu Liang lifted his collar and sniffed; he felt a little sticky. He smiled and said, "Then wait a few minutes."

He went to the shower, rinsed off quickly, and changed into the clothes he had worn when he came up, which were now washed, dried, and ironed.

Less than ten minutes later, Lu Liang walked out of the bathroom, fiddling with his still slightly damp hair, and headed upstairs to his office.

Passing by the tennis court, I saw three women still playing against each other.

Jingjing fought two opponents alone and held her own in no way.

Her eyes were piercing, her hands gripped the racket tightly, her knees were slightly bent, and the taut muscles in her calves were as smooth as the body of a supercar. Her steps were agile, like a dancing elf on the court.

Old Xu raised an eyebrow, a knowing smile appearing on his face: "Mr. Lu, would you like Jingjing to keep you company tonight?"

"This girl is nice, but let's wait until next time. I need to get back to Hong Kong later." Lu Liang shook his head with a smile.

Playing ball with Jingjing is really comfortable.

Because she's good at playing and also particularly good at feeding the ball.

However, for a long time to come, Lu Liang will be very busy and will have no time to attend to anything else.

Anyway, the person is with Lao Xu.

Since he said it was true, then it is his.

"Important matters are important, after all, there's plenty of time in the future." The two chatted and laughed as they took the elevator upstairs.

The three women on the tennis court had been watching closely, and upon seeing the two leave, they all stopped playing simultaneously.

At this moment, Xu Jiayin's assistant walked up to Bai Dandan and whispered in her ear. She nodded slightly and said with a smile, "Jingjing, President Lu praised you."

"Really?"

While the young woman was overjoyed, she was also filled with unease. It was a good thing that Lu Liang had taken a liking to her, but it also meant that she would have to entertain guests.

"What are you thinking about?"

Bai Dandan gently patted her head with her racket: "President Lu and President Xu went upstairs to discuss official business."

"From now on, you just need to focus on dancing and enjoy the benefits of a first-class member. We'll wait for President Lu's next visit."

The song and dance troupe has a rating system. Newly recruited members can become level three members and enjoy corresponding benefits after training.

However, the basic salary is not high, only a little over 10,000 yuan, with an additional 1,000 yuan bonus for each performance.

Once they meet their mentor, they can be promoted to level two members, their monthly salary will jump to 50,000, and they will be able to stay in Hengtai's high-end talent apartments for free.

Moreover, they no longer need to participate in the 'face clock' program; from now on, they can focus solely on dancing, and the prize money for each performance will reach five thousand.

If a talent scout can become captivated by them, they can become a top-tier member, earning a monthly salary of 200,000.

The company also provides residential properties and luxury cars, which will be automatically transferred to their names after five years.

Under the current circumstances, Jingjing can only enjoy the benefits of a second-level member. However, rules are rules, but people are flexible. After all, she is Lu Liang, and deserves to be promoted exceptionally.

"Jingjing, I'm so happy for you." Another girl said with envy.

Even if Lu Liang doesn't come again in the future, Jingjing's benefits will remain unchanged.

One game of football changed his life.

She suddenly understood what the trainers had told them: don't feel ashamed or embarrassed.

Being selected by the song and dance troupe is a blessing for them. Even a trace of celestial energy emanating from the heavens can cure diseases, ward off disasters, and prolong life for ordinary people.

Meanwhile, in Xu Jiayin's office on the 42nd floor.

"Hengtai can only invest 220 billion?"

Lu Liang was taken aback. Hengtai, which claimed to have more than 1800 billion yuan in cash in the second quarter, could only contribute 220 billion yuan.

He even suspected that Old Xu was trying to fool him, planning to get something for nothing and not put in any effort.

“President Lu, you used to work in real estate, so you should know that the peak sales season for real estate is September and October, and more than half of the funds for the whole year will be recovered in the third and fourth quarters.” Xu Jiayin’s face was a little embarrassed.

If anyone dared to speak to him like that, he would have slapped them across the face long ago. After all, how many real estate companies in China could pull out 220 billion yuan in cash flow?

Furthermore, the cash flow disclosed in the quarterly report actually includes some contract sales for the current quarter.

This is an unspoken rule in the real estate industry, but the amount included in Hengtai's statistics is slightly higher.

"Mr. Xu, this is more than just a bit high." Lu Liang sighed helplessly, but accepted the fact.

The fact that Hengtai Group could only come up with 220 billion yuan indicates that its internal problems are more serious than he imagined. "220 billion yuan is definitely not enough; it might not even be able to survive the bidding war," Lu Liang said.

“I know that, but we still have you, Mr. Lu.”

Xu Jiayin poured tea with a fawning smile, flattering him: "Who doesn't know that Mr. Lu is the cash king of Shanghai?"

“Chinese Estates Holdings will be delisted and privatized in the future. Hengtai currently holds shares, and we can acquire them at a 20% premium.”

Lu Liang looked thoughtful, pondered for a moment, and said, "Based on a market value of HK$400 billion, this transaction can bring Hengtai HK$49.2 billion in cash."

"The price is reasonable, I'll take it." Xu Jiayin nodded.

Lu Liang added, "In this way, Hengtai will have 263.5 billion RMB in available funds."

“But that’s still not enough.” He thought for a moment and then said, “New World Development’s market value is HK$917 billion. If a bidding war breaks out, the market value will rise sharply and it’s not impossible for it to reach HK$2000 billion. Hengtai needs to prepare at least HK$500 billion in funds.”

"This is the minimum." Xu Jiayin smiled apologetically, like the straight man in a crosstalk performance, responding to every sentence Lu Liang uttered.

There was nothing he could do; he needed someone's help.

Moreover, when Lu Liang heard that they could only come up with 220 billion, he didn't immediately slam the door and leave, which shows that he definitely had a solution.

"Tianxing Private Equity Fund can help you leverage your funds by 2 times, with a daily interest rate of 0.03%."

As soon as he finished speaking, Old Xu's eyes lit up.

Before he could speak, Lu Liang added, "No deposit is required, but there are two conditions."

"Mr. Lu, please speak." Old Xu smiled wryly; he knew there was no such thing as a free lunch.

"We'll use 9.82% of Sun Hung Kai Properties, 8.85% of New World Development, and 7.92% of Henderson Land Development's shares as collateral, and this money must be subject to our supervision and can only be used to acquire shares of New World Development," Lu Liang said.

If we were to rate Hengtai according to Wall Street's risk rating system, it would be at most a C grade, just one step away from a D grade and the brink of bankruptcy.

Hengtai is like a sieve, leaking water everywhere.

Therefore, Lu Liang had to take precautions to avoid being matched with a bad teammate and getting dragged into a mess.

Old Xu frowned, feeling humiliated. How could the richest man in Dongda University have ever suffered such an injustice?

In a fit of anger, he agreed: "Okay."

"Tomorrow first..."

The two talked late into the night, until after 2 a.m.

Lu Liang declined Lao Xu's invitation to stay overnight and took a car back to Hong Kong under the cover of night.

The next morning, TVB's "Financial Observation Room" aired.

"Good morning, everyone. Did you have a sleepless night last night, eagerly awaiting the start of our program?"

"Haha~ It's amazing how things turned out. Yesterday we were talking about Black Monday, and now it's Super Tuesday."

"It's all because of Lu Liang, this legendary man. I love him, just like I loved my first love..."

At 8:30 a.m., thirty minutes before the start of pre-market trading in the Hong Kong stock market, the host cracked a joke and briefly introduced yesterday's market situation.

Suddenly his expression changed drastically, and he stood there stunned for a long time before he could process the latest news coming through his earpiece.

The host, his face flushed and extremely excited, exclaimed, "Those of you who bought in at the close yesterday, you're going to be rich!"

Do you know what I just heard?

Hengtai Group has authorized Tianxing Private Equity to manage the equity of four groups: New World Development, Chinese Estates Holdings, Sun Hung Kai Properties, and Henderson Land Development.

"Tianxing and Xingheng are hard to distinguish, but you only need to know one thing: the actual controller of both organizations is Lu Liang."

"He is really going to wage war against the four major families at the same time, and we are about to become witnesses to history."

Are you guys wet? I know I am.

"Lu Sheng, how can you be so arrogant?"

The news caused an uproar throughout Hong Kong, with many believing they had heard a fake news story.

Even professional and authoritative media outlets initially thought it was fake news when they received the information.

Super Tuesday was just their habitual exaggerated term, but they didn't expect it to actually happen.

Hengtai Group holds 10.25% of Chinese Estates Holdings, 9.82% of Sun Hung Kai Properties, 8.85% of New World Development, and 7.92% of Henderson Land Development, but all of these shares are now managed by Tianxing Private Equity.

Including the 5.38% stake in Chinese Estates, 5.98% in Sun Hung Kai Properties, 5.4% in New World Development, and 5.85% in Henderson Land Development acquired by Star Overseas yesterday, this brings the total to 5.38%.

To date, Lu Liang has indirectly held shares in four groups: Chinese Estates Holdings (15.63%), Sun Hung Kai Properties (15.8%), New World Development (14.25%), and Henderson Land Development (13.77%).

In just one day and one night, Lu Liang forcefully rose to become one of the top three or top five shareholders of the four groups.

He wasn't joking; he genuinely wanted to take over all four companies, leaving no stone unturned.

"Ryoko has changed; she feels like a stranger to me."

"Not only did they raise their stakes, but they also became the top five shareholders?"

"Are they all Hong Kong real estate groups? Does this mean another round of price surges in the property market is about to begin?"

"Located in Minhang District, Shanghai, selling a brand-new, high-quality apartment for a female owner-occupied customer. Priced at only 2.82 RMB per square meter!!"

Lu Liang's actions shocked not only the Hong Kongers but also the mainlanders.

Such a large-scale investment, is it all aimed at acquisition? Is it still Lu Liang, whom they think has no interest in real estate?
 Later, there are
  
 
(End of this chapter)

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