A century-old wealthy family that rose from Shanghai

The Bao Yugang family began reducing shipbuilding in 1980, but at that time, real estate property values ​​were too high, and Bao Yugang could not find a way to raise funds.

So when Bao Yugang received Chen Wenjie's invitation, he excitedly took his son-in-law Wu Guangzheng with him.

Although Wheelock Group also owns shipping assets, its real estate assets are much richer because Cheung Yuk Leung was a master of real estate development.

Among the listed companies in the Wheelock Group, there are three listed companies: Walter Reed Development, Commonwealth Properties, and Wheelock Properties Trust. Of course, the Wheelock Group also has two shipping companies listed: Wheelock Shipping and United Enterprises, making it the group with the most listed companies among the four major trading houses.

The Madden family's use of the stock market to raise funds for shipping and real estate development also reflects their lack of confidence in Hong Kong, which of course mitigated the impact of the shipping crash.

"Father-in-law, you have a very good relationship with the Chen Guangliang family?"

Bao Yugang blushed slightly and then said, "It's not very good, because we used to be competitors. But the reason why Chen Wenjie, the second-generation head of the Chen family, helped us this time is mainly because in Hong Kong, the only family that can take over the Wheelock Group is probably ours, which sold ships together; of course, although we used to be competitors, we are all from the same hometown of Ningbo, which is also a reason."

Clearly, Bao Yugang is being somewhat hypocritical.

The Pau Yu-Kong family may not be the only ones in Hong Kong capable of taking over Wheelock Group. At least if Pau Yu-Kong really can't handle it, Universal Group wouldn't mind buying it.

Ultimately, it is the Chan Kwong Leung family's efforts over the years to avoid a situation of 'family monopoly in Hong Kong'. The Chan Kwong Leung family's development has focused on developing the technology and culture industries, as well as overseas expansion.

Upon arriving at the Shangri-La Hotel, after meeting Bao Yugang and his son-in-law, Zhang Yuliang said directly, "Mr. Bao, I have only one condition: you must win. If you are not confident, then Mr. Chen is willing to introduce this matter to the younger brother of the Global Group!"

Bao Yugang was startled and quickly said, "We are absolutely confident."

At this time, the Bao Yugang family had approximately 2 million US dollars in cash flow, while Wheelock's value was greatly reduced because Lane Crawford Group was no longer involved in this generation.

Zhang Yuliang nodded and said, "Okay. I believe Chen Sheng won't misjudge you!"

Bao Yugang was immediately embarrassed, as the other party was only doing this because of Chen Wenjie.

Of course, he still said, "Thank you very much, Mr. Chen. I will definitely visit you in person to express my gratitude afterward!"

Chen Wenjie smiled and said, "You're welcome! I know that Mr. Bao is also a shrewd shipowner who successfully reduced his fleet a few years ago, but he has been struggling to find a way to go ashore."

These seemingly ordinary words made Bao Yugang suddenly realize that he owed them a huge favor.

Of course, it would be a good thing if the Bao family could strengthen their relationship with the Chen Guangliang family.

The Pau Yu-Kong family and the Kau Tak-Pak family engaged in a price war to compete for Wheelock Group, which quickly increased Wheelock Group's stock price by 40%.

Those who held Wheelock Group shares were finally overjoyed and felt triumphant.

It turns out that Wheelock's stock has always been the last to rise in past stock market rallies. While the upward waves of blue-chip stocks like HSBC, Swire, and Hutchison Whampoa were nearing their end, Wheelock would slowly and methodically begin to move.

Experienced investors, upon seeing Wheelock's stock price rise, knew that a market downturn was imminent. Thus, Wheelock's stock became a "blue lantern"—a signal that the stock market was "finished."

For a considerable period of time, Wheelock's internal and external practices and development strategies repeatedly disappointed investors.

The Spring Festival is approaching.

The hidden sentries along Deep Water Bay Road keep watch on anyone suspected of being a reporter.

Because Chen Guangliang's four wives all moved into No. 79, No. 77, No. 80, and No. 75 Deep Water Bay with their children and grandchildren.

The identities of Audrey Hepburn and Si Yezi have always been kept very secret, and Chen Guangliang has never publicly acknowledged them. Of course, some media outlets have speculated that Chen Guangliang has four wives.

However, the media knows very little about Chen Guangliang's other three wives. Even regarding Jiang Meiying, it is known that she was his second wife whom he married in Shanghai, but she later moved overseas.

Cars drove into 79 Deep Water Bay, and then the Chan Kwong Leung family gathered at the ancestral home of 79 Deep Water Bay to spend the Spring Festival together.

at this time.

Chen Guangliang's three daughters are already married, leaving only Chen Yingyi, who graduated from university a year ago but is still unmarried. Married daughters naturally wouldn't attend such family gatherings.

Therefore, at this time, the members at Villa No. 79 Deep Water Bay included:

Chen Guangliang and Yan Renmei, Jiang Meiying, Audrey Hepburn, and Si Yezi (a married couple);

Chen Wenjie, Chen Wenjin, Chen Wenming, Chen Wenkai, Chen Wenhua, Chen Wensheng, Chen Wenou, Chen Wenhai, Chen Wenying, Chen Wenxi, Chen Wensheng, Chen Yingyi, and the wives of the 11 Chen brothers, totaling 23 people from the second generation, were present.
Chen Zerui (son of Chen Wenjie), Chen Zekang (son of Chen Wenjin), a total of 42 third-generation members of the Chen family (28 male grandsons, 14 female grandsons, and three more planned), as well as several granddaughters-in-law;
Chen Youting (son of Chen Zerui) and Chen Youbang (son of Chen Zekang, still pregnant).

Taking a 'family photo' with a large family requires professional equipment and a certain level of professional photography skills.

On Lawn No. 79 in Deep Water Bay, more than 80 members of the Chan family took a family photo in three rows.

The fourth generation, Chen Youting, was held in Chen Guangliang's arms, symbolizing 'four generations under one roof'.

There is still hope for five generations to live together.

However, six generations living under one roof is obviously impossible, mainly because Chen Guangliang himself was 23 years old when he had his son, and each generation got married and had children around the age of 25.

Chen Guangliang is now 75 years old. If he lives to be 100, he may see Chen Youting get married and have children, which would make it a five-generation household.

The family gathered together, but it wasn't very noisy. Everyone was very well-mannered. Although they were talking to each other, they didn't make a fuss, even the underage third-generation kids.

In the third and fourth generations, there are some 'abnormal phenomena' in age. For example, Chen Youting is only 2 years old this year, but he will have three uncles or aunts who are younger than him, because Chen Wenxi and Chen Wensheng will have more children.

"Grandpa, why do you and Grandma look so young?" a mixed-race grandson asked directly.

Chen Guangliang put his arm around his shoulder and said, "Because we have such excellent family genes, of course your grandmothers and I are also happy, which makes us look younger."

At this time, Chen Guangliang still paid attention to his image. He still wore glasses and made himself look older, but he looked like a fifty-year-old man.

As for Yan Renmei and Jiang Meiying, they naturally wouldn't pretend to be old; they still love beauty. So even at seventy-two, Jiang Meiying is still charming and beautiful (see the screen image of 72-year-old Guan Mucun singing on stage with Karen Mok).

The saying "A beautiful woman is still a beautiful woman even when she gets old" is becoming increasingly valuable.

Jiang Meiying pays great attention to her figure, avoiding weight gain but maintaining a fuller figure, which she has always managed very well through consistent exercise.

"Family genes! I know that my parents often say that members of our Chen family have inherited your intelligence. Thank you for giving me such a bright mind, which gives me a significant advantage in my studies!"

"Haha! Having a smart brain is just a foundation. You must be serious and diligent in everything you do. Attitude determines everything."

Yes, Grandpa.

In the third generation, there is no longer an emphasis on entering the business field, but in fact, the general goal is still in this field, after all, the influence of family is very important.

During the New Year's Eve dinner, the more than eighty people were divided into several tables, all of which had been prepared in advance. Eleven sons and daughters-in-law came to toast Chen Guangliang and his four wives, and Chen Guangliang also praised his eleven daughters-in-law.

"My daughters-in-law have all done a great job. They have a strong sense of family and lead by example, which is what I'm most satisfied with about you!"

The eldest daughters-in-law of the four families each gave a speech on behalf of their respective families.

Zhuang Yuanzhen said, "Because we know that only when the family is united can the Chen family be better inherited and become more indestructible!"

Kelly said, "Dad, Mom, although I am American, I am more of a member of the Chen family, and always will be. I teach my children the same thing: family first, country second."

The Chen family operates outside the country, forming a large family network globally.

The wives of Chen Wen-ou and Chen Wen-ying all expressed a strong sense of belonging to their family.

The attitude of daughters-in-law has a profound impact on the third generation, a view Chen Guangliang has always held. Although men in Chen Guangliang's family possess strong 'dominance,' such as the third generation showing more respect for their fathers—a common practice in large families—the mother still holds a very important position. Therefore, over the years, Chen Guangliang has had some interactions with his 11 daughters-in-law.

However, by the third generation, Chen Zerui's wife was alright, but Chen Guangliang no longer had the energy to influence his grandsons' wives' views on the family.

Therefore, it is the combined influence of the second-generation couple that allows the family to continue its lineage.

Moreover, since the establishment of the family office, the 'family culture' has been continuously improved, which is the soul of the business.

The Chen family's unity is certainly higher than that of other world-class families, such as the Rockefeller family, which is known for its unity.

On New Year's Eve, the four families naturally returned to their respective villas in Deep Water Bay, since No. 79 Deep Water Bay was also full.

The next afternoon, everyone went to the Chan family villa complex in Discovery Bay to continue their vacation. This Chan family gathering lasted for seven days.

Discovery Bay has developed very well and has become Hong Kong's 'offshore city'. Ferries depart from the pier to Central every fifteen minutes, and cars can also travel to the main island and Kowloon by ferry.

Of course, the Chan family villa complex in Discovery Bay remains shrouded in mystery.

After the Spring Festival, the Bao Yugang family raised the price again, bringing Tak Fung's share price to a 50% premium compared to before the takeover battle.

Kwan Ka-wai quickly instructed the securities department to sell the Wheelock shares she held to the Pao Yu-kong family. In just over a month, she made a profit of 50%, which is nearly HK$800 million.

In the securities market, starting from July last year, Kwan Ka-wai has already made a profit of HK$30 million, a resounding success.

Today, Guan Jiahui's assets have exceeded 100 million, making her a veritable little rich woman.

The employees of Jia Hui Investment Company now held their boss, Guan Jia Hui, in the highest esteem.

After cashing out all of her securities worth over 3000 million, Guan Jiahui immediately began buying luxury homes, shops, and office buildings, always with a 20% down payment.

This means she has HK$1.5 million in funds at her disposal.

As for the debt, she wasn't worried at all because she had powerful backers.

The British American Superyacht is anchored in the waters near Hong Kong, some distance from the shore, naturally to protect its privacy.

Chen Guangliang, dressed casually, was drinking tea on a sofa on the deck, looking quite relaxed and content.

Now that he's retired, he just wants to live like a 'tycoon' every day, without having to restrain himself too much.

At this moment, accompanying him were Kwan Ka-wai and Lee Chi, one pure and innocent and the other charming, enjoying life with him on either side.

Li Zhi originally studied in the United States, but her studies were relatively free, and Chen Guangliang could summon her back to serve him at any time.

"I'm pregnant, uncle!" Guan Jiahui said nervously.

She was most afraid that her uncle would make her abort the child, even though she knew that this time it might be intentional on his part.

Liz also said, "I think I'm pregnant too, sir!"

Anyway, she understood that her husband didn't allow her to take medicine.

Neither woman felt embarrassed about the other, after all, they had seen each other honestly before.

Chen Guangliang replaced the tea with champagne, a smile gradually appearing on his face. He then said, "I'm just testing whether I can still get someone pregnant!"

"Uncle! You're so strong, you got us pregnant in one go, and you still dare to say that!"

"Ha ha"

Chen Guangliang put his arm around Guan Jiahui and said deliberately, "You little girl, you wouldn't want to use this to cause me trouble, would you?"

Guan Jiahui recalled that when she was first taken by her uncle, she even wanted to become his concubine. However, she was severely punished by him, and she realized that this was the trouble he was talking about.

She quickly replied, "No, that's not true!"

Chen Guangliang laughed and said, "Go ahead and have the child! It'll just be an illegitimate child, and I won't have the energy to raise it. Of course, I'll make it up to you."

Years of teaching had left Kwan Ka-wai and Lee Chi with no objections.

After all, they had no intention of leaving the man, so why not have a child to gain more favor? Of course, they also wanted to bring greater wealth to the child in their womb.

Li Zhi held Chen Guangliang's arm and squeezed hard, causing a lot of the white snow to overflow.

She said sweetly, "If it weren't for you, sir, I wouldn't be where I am today. I will definitely give birth to this child properly and raise him to adulthood, and I won't cause you any trouble."

Get on the road.

Since they were so cooperative, Chen Guangliang naturally gave the two women benefits.

"Didn't I tell you all to buy properties worth over HK$1 million recently? Don't worry, I'll help you repay the loans later."

At this time, an 800-square-foot apartment in Whampoa Garden is priced at around HK$60, and its future appreciation potential is more than twenty times!

Of course, Chen Guangliang wouldn't let these two women speculate on such low-class properties; they would only buy office buildings, shops, and luxury homes.

With Guan Jiahui and Li Zhi pregnant, it meant that four new women had borne him children, including Monica. As long as they didn't cause trouble, Chen Guangliang didn't mind having more children with good genes. (End of Chapter)