Hopson Zhu Mengyi Part 3

Smart Zhu Mengyi early aware of the strength of capital markets, as the private sector, especially real estate enterprises have been listed in the mainland can not, from the start he established in Hong Kong, to prepare for the future listing. 1997, Zhu Mengyi incorporated in Bermuda exempted company. May 1998, Hopson listed in Hong Kong. 2.7 Hong Kong dollars per share, issued 250 million shares, fund-raising 670 million Hong Kong dollars, of which Zhu Mengyi individual holders of the listed companies is 63.75 percent stake. As at the end of last year, Hopson's total assets reached 5.6 billion Hong Kong dollars, the net assets of 2.5 billion Hong Kong dollars.

Earlier in resolving the issue of funding for the first Hopson has won the support of capital strength. It was in 1998 before and after the use of capital advantages of Health, the opportunity to reserve a lot of land, started the project area increased dramatically. From 1998 to 1999 just one year period, Hopson has over 110 units have been built buildings, the development scale, sales performance, second to none in the real estate industry in Guangzhou. 2000, Hopson's total sales of flats in Guangzhou 5 percent of the market share.

At the same time, Zhu Mengyi actively attract talent. Now a senior Department of Health figures, almost all Chinese from all the competitors hire from. China Overseas Group of the Philippines, the former general manager of Vanke Group herdsmen Yao, deputy general manager of Shenzhen Vanke, Henderson Xie, general manager of East China's Guangdong Urban Construction Group and general manager, Zhu had to wait for too long.

From 1993 onwards, Hopson investment in real estate projects, 70 percent of the project and Guangdong Pearl River Investment Corporation to develop, each Hopson are major shareholders, which occupy 70% of the shares. Hopson as a foreign-owned companies, in accordance with the provisions of the past, countries, in addition to tenders and to vote, not owned the land for development, Hopson need a local partner for land development. Xie Tung told reporters: "Health for holding, holding companies, listed companies can be included in turnover, while if it were equity companies, can only enjoy the dividends payable, contraband can be included in the fiscal year after the turnover."

Can not ignore the fact that: the Pearl River real estate is Zhu Mengyi's Mainland companies invest part of the Pearl River. Hopson1992 in Hong Kong to set up a year later, the Pearl River Investment Company will be set up in Guangzhou, has become even more investment in real estate, roads and bridges, communication networks, such as the securities industry of large investment holding company. To the end of 2000, a subsidiary of the Pearl River and investment cooperation between the company a total of 28, the company's total assets of 5 billion yuan, of which 1 billion yuan of net assets. In addition to real estate, investment in the Pearl River in Guangzhou also equity investment in Huizhou highway, set up a network of Guangdong Yeston investment companies and start intervene in the securities industry, the broad equity securities.