I Want To Be a Rich Man on Hong Kong Island

Chapter 286 [The King of the Central District]

It's another spring of the year!

Wu Guangyao opened the curtains and opened the window, and what he saw was a green mountain range opposite;

Lower your head slightly, and what you see is a piece of grass, which is the golf club (golf course) of later generations;

The head is slightly shifted to the south, and the deep water bay and the beach are in sight.

Turning around, there was a beautiful young woman on the bed, it wasn't Lin Yueru who!

"What time is it?" Lin Yueru asked in a daze, obviously not awake yet.

"It's 6 o'clock, I'm going for a run, do you want to come together!" Wu Guangyao invited, but he didn't place any hope at all.

"No, remember to wake me up to go to work when you come back!" Lin Yueru closed her eyes after finishing speaking, and fell asleep.

Wu Guangyao smiled complacently. It wasn't that Lin Yueru didn't like to exercise, but that he was in good spirits every night, which tormented her a lot.

 …

At 8:30 in the morning, Wu Guangyao appeared at Cheung Kong Industrial, and the staff and management greeted him one after another;

Their eyes were full of admiration, 'Shark Gallbladder' lived up to its reputation, and succeeded in another bargain hunting.

At this time, the land price on Hong Kong Island has stabilized and even has a tendency to rise;

There are three reasons for this:

First, it bottomed out and rebounded. Housing prices and land prices had fallen to the bottom at the end of 1958, that is, owners were unwilling to sell, and more people bought the bottom.

Second, the Hong Kong government released a data in January 1959. In that year, there were 3,620 local companies registered in Hong Kong Island, and 392 foreign companies; the total annual trade volume was 8.2 billion Hong Kong dollars, and the import trade was 4.9 billion Hong Kong dollars (entrepot trade ), the export trade is 2.2 billion Hong Kong dollars (gross industrial production), and the mainland trade is 1.1 billion Hong Kong dollars (export-oriented). The economic situation is very good.

Thirdly, due to various reasons, Hong Kong Island has once again ushered in a surge in population; the continuous influx of people on the opposite side will provide cheap labor and bring a glimmer of hope to real estate; many people know that Hong Kong Island was once One of the reasons for the popularity of wave real estate is the large population base of mainlanders coming to Hong Kong.

When he came to his office, after Wu Guangyao sat down, Shi Jun came to the office in just the time for a cup of tea.

"Boss, there is a piece of land in the Central District to be auctioned!"

Hearing Shi Jun's words,

Wu Guangyao immediately became interested and said, "What kind of land king?"

"This piece of land is behind the Central Ferry Terminal. If it is used to build a high-rise commercial building, it can overlook the entire Victoria Harbour. The land is 55,000 square feet. The Hong Kong government stipulates that the bidding reserve price is 400 Hong Kong dollars per square foot, which means the reserve price is 22 million. Hong Kong dollar."

After listening to Shi Jun's words, Wu Guangyao said a little excitedly: "When will the auction start?"

"After half a month, there are still 10 days before the registration deadline."

"Sign up in the name of Changshi!"

Wu Guangyao directed Shi Jun to sign up without hesitation, because the land is so good;

As we all know, the Central District is the commercial center of Hong Kong Island, and there are many commercial buildings. Even in later generations, they are all high-rise buildings.

However, although these buildings are located in the prosperous Central District, there are few buildings near the sea, because the seaside sites are basically the administrative units and social public offices of the Hong Kong government, such as the Central District Police Headquarters, the Central District Fire Station, the Central District District military barracks, pumping station, sewage treatment plant, Central Ferry Terminal, etc.

In 1970, Hongkong Land Company spent a sky-high price of 250 million Hong Kong dollars to auction a piece of land and built the later Jardine Building. The land was in the reclaimed area of ​​the Central District, and the Jardine Building could overlook the entire Victoria Harbour.

Wu Guangyao also knows about the king of land in the Central District that Shi Jun mentioned, and he is very familiar with it after coming to Hong Kong Island for so many years; this land is located on the reclaimed land in the Central District, behind the Ferry Terminal in the Central District, opposite to Tsim Sha Tsui; If nothing else, it should be not far from the later Jardine Building.

The starting price of 400 Hong Kong dollars per square foot is a little expensive; but don’t forget that this is Central, and the nature of this land is a commercial building. This price is already very cost-effective; in another 10 years, the land here will be more than 10 times .

Wu Guangyao also had some guesses about the reason why the Hong Kong government auctioned off the land, all of which were to inflate the land price. After all, this is what the Hong Kong government mainly relies on for its financial revenue.

For this piece of land, Wu Guangyao was determined to obtain it. Although Wu Guangyao also had a lot of commercial land on this island, the location was not very good.

With the construction of high-rise buildings in front of these land and properties, it will be difficult to see the beautiful scenery of Victoria Harbour, because it will be covered.

It's a pity to think about it, so Wu Guangyao especially likes the coastal land for building beautiful buildings.

 …

There are still ten days before the land king auction in the Central District, but there are already many consortiums on Hong Kong Island sharpening their swords;

Among them, the European, American and Dongying consortia also joined in. Although the land price plummeted before, it was not affected at all for the large consortiums, because they had the strength to tide over the difficulties, and only those aggressive real estate developers would be forced to do nothing by the banks.

But Wu Guangyao obviously doesn't care about these foreign consortiums, because they will not put all their eggs in one basket to compete with Wu Guangyao; Will join this auction.

The strength of Jardine Matheson at this time is not as weak as it was in the 1970s and 1980s; after all, in that era, Jardine Matheson’s overseas investment accounted for more than 60%. It is precisely because of this egg philosophy that it harmed Jardine Matheson. Let Chinese capital gain the upper hand.

The longer the battle line is drawn, the easier it is to be defeated. This is the reason!

At its peak, Jardine Matheson had more than 600 subsidiaries all over the world. It is conceivable how long Jardine's battle line has been stretched; it is precisely because of so many subsidiaries that Jardine's company holdings in Hong Kong Island are basically 10% When it reaches 20%, Huazi will expose his fragility with a light touch.

Wu Guangyao is different. Although he has invested abroad, it is definitely not much.

The cash flow that can be used at any time is probably the only one in HSBC and Standard Chartered Bank.

Jardine Headquarters

Last year, the Keswick family, with the support of three commercial banks in London, acquired all the shares of the Jardine family and officially became the major shareholder of Jardine Matheson.

Therefore, at this time, John Keswick became the real king of Jardine Matheson, and he was also the head of the three companies of Jardine Matheson, Landmark, and Wharf.

At this time, regarding the auction of the king of the land in the central district, Landmark immediately signed up and prepared to take this piece of land to build a commercial building.

"Taipan, according to the news from the Hong Kong government, Changshi Real Estate has signed up!" An executive hurried to Keswick's office and reported.

"What, didn't the Chinese kid already buy millions of square feet of land?" Keswick couldn't believe it, because he felt that Wu Guangyao's bullets should be almost enough.

"Taipan, Wu Guangyao has basically monopolized the global supply of zippers, and can reap tens of millions of dollars in profits every year. Even HSBC is very jealous!" the executive reminded.

Keswick felt his whole body loosen, and he lay weakly on the chair.

Even if it is a profit of 20 million US dollars, Jardine Matheson can only look up to it. Although Jardine Matheson's total profit in a year is so much, these profits need to be distributed to shareholders and investment in the coming year, so there is not much money left at all. .

But the zipper industry of that Chinese boy is different, it is completely net profit, which can be put into his own account.

In fact, Keswick understands this point well, and Wu Guangyao can't take the profit of pg zipper into private hands every year.

For example, part of the profits in 1957 needed to be invested in Italy, New Zealand, Mexico and other countries to build factories; because in recent years, the international trade competition seems to have escalated, and Wu Guangyao was worried that the zipper industry would be sanctioned by other countries, so the only way to avoid it was to build factories abroad These.

Moreover, changing a batch of equipment every three years is also a high cost; and investing in various factories of Yaoshi Industry also requires money.

However, on average, Wu Guangyao can still take out 18 million US dollars of funds every year and put them into his own pocket.

This situation has been going on for seven years, and Wu Guangyao has already made hundreds of millions of dollars in profits; excluding various investments, such as Lenovo Electric, Lenovo Electronics, Metro, Star Hotel Management Company, Beach Beach, etc., Wu Guangyao still has There is a full 70 million U.S. dollars, which is 400 million Hong Kong dollars.

In fact, this amount of money is not considered a lot in this era. After all, next year there will be Lu Zhihe who will invest in a mine with 1 Hong Kong dollar. Qiu Degen also announced that the family assets are 110 million.

But don't forget that Wu Guangyao can mobilize funds at any time. Many companies have too much money lying in their accounts, and Wu Guangyao is not happy to take it.

"Go find out who the auctioneer is, and invite him to have a meal with me?" Keswick quickly thought of an idea.

"Yes, I'll do it right away!" The executives are used to it, how can business affairs be clean.

Reading Bar Chinese Network

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