I Want To Be a Rich Man on Hong Kong Island

The run on Liao Chong Hing Bank subsided at the end of June;

Wu Guangyao did not participate too much in this incident, he just scooped up a good piece of land and planned to build a commercial building for himself and Li Cui's children to collect rent;

Taking advantage of other people's dangers is totally out of the question, and it can even be said that Wu Guangyao is a benefactor of Liao Chongxing Bank.

No, later on, Liao Baoshan brought her son to visit Wu Guangyao and actively invited Wu Guangyao to take over some properties of the Liao family, which is the best proof.

At this time, although the run on Liao Chongxing Bank has passed, the loan of Liao's "shrunk mortgage" has not been resolved, and the loan of a friend also needs to be repaid;

What is a 'shrunk mortgage'?

It is to mortgage the property with an original value of 10 million Hong Kong dollars to the borrower at 6 million Hong Kong dollars;

If the 6 million Hong Kong dollars plus interest are not repaid within the stipulated time limit, then the 10 million Hong Kong dollars of property belong to the borrower.

It can be said that if the Liao family really fails to pay the money, the loss will be 40%.

But as long as he sold the other properties quickly and used the money to redeem the 'shrinking mortgage', he wouldn't lose much.

However, there is also a loss in this rapid sale of the property, which should be within 20%;

Because now everyone knows that you need money urgently, and you will never come at your price.

The reason why Liao Baoshan brought her son to Wu Guangyao was because she knew that Wu Guangyao was not the kind of dark-hearted person;

Moreover, the Wu family is already the head of the Chinese in Hong Kong Island, and it is absolutely impossible to do excessive things.

"Boss Liao, I'm not interested in your properties anymore; how about this, you can talk to President Shi of Cheung Kong Industries!"

Wu Guangyao returned Liao Baoshan to Cheung Kong and negotiated in the name of the company;

In addition, for Wu Guangyao's personal properties, he usually only chooses high-quality, medium-to-high-quality properties, so he is very interested in other properties of the Liao family.

Liao Baoshan was disappointed after hearing this, but recovered immediately, and continued to speak: "Mr. Wu, this is my son Liao Liewen, who is a freshman student in economics in the UK, but when this happened, I had to call him back. Inherit the family business. I hope you will take care of me in the future!"

Wu Guangyao nodded,

Left and right are just an attitude.

"It's easy to say! After this incident, although Liao Chongxing Bank's vitality has been greatly damaged, if we work hard in the future and strictly follow the bank's rules, I believe that Liao Chongxing Bank will definitely be brilliant again in the future!"

"Thank you Uncle Wu for your teaching! Lie Wen must keep it in mind." Liao Liewen bowed to Wu Guangyao in salute.

Wu Guangyao was taken aback, why did he become an uncle, and he was only 30 years old, okay?

"Just call me Brother Wu!"

"Yes, Brother Wu!"

After seeing off the two of them, Wu Guangyao was actually a little frightened, because Liao Baoshan's head was full of black air, and his life was not long!

Sure enough, half a month later, Liao Baoshan suffered from too much stimulation (stimulated by the sale of property in the later period), and had long-term poor sleep. After the turmoil of the crowding incident subsided, she died suddenly of a cerebral blood vessel rupture at the age of 58.

Since the death of Sir Ho Tung in 1956, most people on Hong Kong Island believed that the Wu family should be the new leaders of the Chinese in Hong Kong Island;

Of course, there are also some different voices. Some people think that although Wu Guangyao's achievements in the business world are several times better than He Dong's because of his youth, but in terms of political connections and social influence, he is still a little behind!

After all, there are only a small number of people who make this kind of voice, and over the years, this kind of voice has gradually disappeared.

This time there was a run on Liao Chong Hing Bank, Wu Guangyao appeared as a white warrior, and the people of Hong Kong Island once again confirmed Wu Guangyao's status as a Chinese leader.

After Wu Guangyao announced that he deposited 5 million Hong Kong dollars in Liao Chongxing Bank, the bank run was at least 50% under control;

The people of Hong Kong Island even credited Wu Guangyao for the subsequent joining of HSBC Bank;

Because Liao Chong Hing Bank is usually the kind of bank that HSBC hates;

In order to attract depositors, the interest rate is set randomly; the depositor's money is randomly picked up and invested by oneself;

These behaviors are unbearable for a regular HSBC Bank, which is the leading bank in Hong Kong Island;

However, the Hong Kong government has always flaunted a free economy and implemented a non-intervention policy, leaving other colleagues helpless.

The reason why HSBC got involved this time may not have been to show favor by seeing that Wu Guangyao has become a white warrior!

 …

In July, good news keeps coming.

Sony Electronics, a subsidiary of Lenovo Electric, officially opened a radio factory invested in Kwun Tong.

Wu Guangyao had long planned to introduce radio factories to Hong Kong Island to help the electronics industry on Hong Kong Island.

However, Wu Guangyao believes that the radio factory (Sony) on Hong Kong Island is not just a foundry;

It is a factory integrating R\u0026D and production, which is the real electronics industry.

In addition, a large factory needs to be built, so it has been prepared for three years.

After Lenovo Electric acquired Sony, it has packaged up and transferred all businesses such as radios, tape recorders, and record players to Sony to achieve lossless docking.

The Sony factory in Kwun Tong has only one industrial building with a total of 12 floors;

This is also the characteristic of industrial plants on Hong Kong Island, that is, high.

There is no way, and land resources are scarce, so this kind of factory building can only be built.

After visiting the radio factory, Wu Guangyao received news from Dongying that there was land for sale in Ginza;

This made Wu Guangyao overjoyed, and immediately took his own flight to Dongying.

Tokyo.

Wu Guangyao and Charles, vice president of Shining Star Hotel, came to Ginza, Tokyo together to check a piece of land that the Tokyo government is about to sell.

Before World War II, Tokyo Ginza was the bustling area of ​​Dongying;

After the end of World War II, more foreign luxury brands also began to squeeze desperately into Ginza.

There is a saying in Tokyo: If you are a business, you must have a building in Ginza.

Dongying is a big watch country. After the Hattori watch shop that sells Seiko watches has its own store in Ginza, Seiko watches have become more advanced and fashionable.

When Toshiba represented Japan's comprehensive home appliance industry in later generations, it had its own building in Ginza; when Toshiba's business got a little worse, this building was the first to be sold; in those years, the boss of Toshiba sold this building to buy America's nuclear power business; Toshiba has never revived since losing its Ginza building.

Wu Guangyao firmly believes in this. Doing business also requires momentum. If you are discouraged, it will definitely affect the future development.

Wu Guangyao knows very well the future prosperity of Ginza in Tokyo;

Wu Guangyao even remembered that the house price of Tokyo Ginza seemed to be around 2 million RMB per square meter in later generations.

"Charles, what if this land is used to build the Ritz-Carlton Hotel?" Wu Guangyao asked.

I saw Charles sticking out his thumb and said excitedly: "It's great! Boss, I am confident that I will build the best hotel in Asia, and even the most luxurious hotel in the world."

Wu Guangyao nodded. Since Charles said so, he must take pictures of this land this time.

At this time, the prosperity of Ginza has already taken shape, so the land price will not be cheap;

The data given by Dongying officials for this piece of land is: the total area is 6,850 square meters, and the starting price is 5 million US dollars.

Wu Guangyao also has many competitors, after all, the Dongying consortium is not vegetarian;

But Wu Guangyao was not afraid, not to mention the consortium of Japan, even the consortium of the United States, Wu Guangyao dared to bid at this time.