I Want To Be a Rich Man on Hong Kong Island

After Liu Yu left Wu Guangyao's office, Wu Guangyao called Andri and Lei Hong from China Everbright Bank to his office.

Andrei has often reminded Wu Guangyao recently that it is time to follow the regulations of Western banks;

Andri's words gave Wu Guangyao a headache. He wanted China Everbright Bank to become a multinational bank, but he was doing some convenient things (not in line with banking standards);

These conveniences provided by Wu Guangyao are absolutely impossible to appear in foreign banking standards!

For example, using the money of depositors to invest directly, lending to companies under their own, etc.

It is true that the banking laws of Hong Kong Island are not sound at this time, and this is the case for all Chinese-funded banks;

But if you want to break out of the Chinese-funded banks, gain a foothold in Hong Kong Island, and go to the world;

Then, China Everbright Bank must become formalized!

"Starting today, China Everbright Bank will strictly follow the rules of Western banks! Of course, I have been violating this rule, so I will set an example, and you two must supervise me!"

Andri said happily: "Great! If boss, your deposit needs to be invested at any time, then you can only choose the demand deposit, which has no interest."

Wu Guangyao nodded and said, "It should be like this!"

Then Wu Guangyao asked Lei Hong: "If you don't count my deposit, how much deposit does China Everbright Bank have?"

Lei Hong replied: "2.1 billion Hong Kong dollars!"

hiss!

This increase is really fast!

Wu Guangyao said: "The bank regulations stipulate that 25% of the cash flow is reserved, so we need to lend out the remaining 75%. At the moment in Hong Kong Island, the real estate, stock market, and industry can be said to be on the rise. You should try your best to Give the loan to some reputable and powerful people."

To be honest, this is considered a golden finger of China Everbright Bank;

When to tighten loans and when to lend heavily;

To whom is the loan given, and to what industry is the loan given;

Wu Guangyao can give some opinions on these!

 …

After the stock market rebounded from the bottom, it has recovered all its fronts and has a slight increase;

The real estate industry is the first to pick up in the real estate crisis, the garden houses and high-end residences that were sold at a low price;

From the first half of 1968, high-end residences located in Mid-Levels and Repulse Bay on the main island, and Yau Tsim Mong in Kowloon, first began to rise rapidly;

At this time, the price of high-end residential properties in these areas has risen to about 60 Hong Kong dollars per square foot, and the price of high-end residential properties in Repulse Bay has even reached as high as 80 Hong Kong dollars per square foot.

Behind the high-end housing is that a large number of foreign-funded enterprises have come to Hong Kong Island to set up branches, and the number of senior staff stationed in Hong Kong Island has increased, so there is a strong demand for high-end housing.

In 1968, the Hong Kong government decided to start large-scale construction of low-rent housing estates, which attracted many low-level citizens, so the price rise of middle and low-end buildings was a little slower.

The rise in property prices led to an overall increase in rent. The rent of the entire Yangtze River Center is expected to reach 60 million Hong Kong dollars in 1969; and in terms of commercial buildings, due to the shortage of supply, the rental and sales prices have risen in a straight line. From 1.2 Hong Kong dollars per square foot per month at the beginning of 1968, it has risen to 1.9 Hong Kong dollars per square foot per month at this time.

In terms of shops, the monthly rent of shops in ordinary areas is 5 to 6 Hong Kong dollars per square foot, the monthly rent in prosperous areas is 15 to 25 Hong Kong dollars per square foot, and the monthly rent in Tsim Sha Tsui tourist area is as high as 70 Hong Kong dollars per square foot;

The selling price of a shop is usually calculated based on 100 times the monthly rent, that is, a shop with a monthly rent of 10,000 Hong Kong dollars, the asking price is 1 million Hong Kong dollars.

 …

On January 4, the eve of Cheung Kong's board meeting.

Lin Youde, He Xian, and Zhong Ziguang came to Wu Guangyao's office, and everyone chatted.

Wu Guangyao asked generously, "How many shares of Cheung Kong Industrial do you have?"

Lin Youde is his father-in-law, He Xian and Zhong Ziguang are his good friends for many years, this question can still be raised.

Father-in-law Lin Youde was the first to say: "I have 6% of Cheung Kong's shares in my hand. I spent 20 million Hong Kong dollars to buy back a lot of shares at the beginning of last year!"

He Xian and Zhong Ziguang were shocked, and then suddenly realized that this is Wu Guangyao's father-in-law!

He Xian said: "Brother Lin probably cashed out part of it beforehand, right?"

Lin Youde replied: "Not beforehand. As early as 1964, I cashed out 2% of the shares, which was almost more than 20 million. Last year, I saw that the political environment of Hong Kong Island was stable, so I returned from the market. I bought 4% of the shares. Once I came and went, I earned 2% of the shares.”

He Xian said: "It's not just earning a little share. According to the closing price of CK Holdings yesterday at 30.8 Hong Kong dollars per share, the total market value of CK Holdings is as high as 1.5 billion Hong Kong dollars. If you come and go, you can earn nearly 3,000. More than ten thousand Hong Kong dollars."

He Xian and Zhong Ziguang had to be envious!

Making money is second, Cheung Kong shares are very sought-after now!

Then He Xian and Zhong Ziguang reported their shareholdings, He Xian’s share was 2%, Zhong Ziguang’s share was only 1.5%;

The two also sold high and bought low, but they didn't dare to make too much, and only a few million came and went.

Wu Guangyao did some calculations, he owns 49% of the shares, and his father-in-law and the other three hold 9.5% of the shares;

In this situation, the possibility of losing Cheung Kong is zero, but because he is about to issue 10 million new shares, Wu Guangyao only counts the shares in the hands of the four;

In this case, 10 million new shares will be issued, which can raise 310 million Hong Kong dollars, and the total shares of the four people will be diluted, but there is still 48.4%, which is quite safe!

Of course, Wu Guangyao will also take action to keep his shares at 49%.

At this time, the market value of Cheung Kong seems to be 3.1 billion Hong Kong dollars, which is very high;

But Wu Guangyao knew that even if someone immediately offered 30 billion Hong Kong dollars, he would not be willing to sell it.

Yangtze River Center, New World Center (the former site of Blue Chimney), Changhe Center (Singapore), three commercial complexes, and six Grade A office buildings in Central (four buildings under construction). These industries alone may be worth 5,000 yuan by the millennium. over HK$100 million.

 …

The next day, Cheung Kong held a board meeting. At the same time, there were already reporters waiting under the Changjiang Building, because Cheung Kong was going to hold a press conference later.

Cheung Kong originally only had seven shareholders, but this time the board of directors will add two new shareholders;

Among them, Jardine Matheson came uninvited, but Wu Guangyao did not refuse, which can be regarded as letting Jardine Matheson relax its vigilance. When the time comes, he will kill with one blow and snatch the Wharf of Jardine Landmark.

Another shareholder is Zhou Xinian, who was invited by Wu Guangyao on his own initiative. Only Wu Guangyao knows what he is thinking about; it is nothing more than getting acquainted first, so that we can cooperate in the future. Does the company have the land it needs?

After introducing Zhou Xinian and the Chinese executives of Jardine Matheson, the board of directors officially entered the topic.

When Wu Guangyao proposed to issue 10 million new shares, the Chinese shareholders representing Jardine felt a little uncomfortable on their faces!

Issuing new shares means that the shares will be diluted, and Cheung Kong's strength will skyrocket. This is obviously not what Jardine Matheson would like to see;

However, Jardine Matheson will not reveal its intentions, because they have no right to reject this plan.

A shareholder surnamed Chen representing Jardine Matheson asked: "Chairman, as far as I know, Cheung Kong has no reserve land for real estate development. So what is the main purpose of raising 300 million Hong Kong dollars?"

Wu Guangyao said: "Part of the funds are used for the construction costs of Singapore's Changhe Center, Kowloon New World Center, and the four commercial buildings in the Central District; another part of the funds is used for the next development of residential building projects. As for the land issue, I will discuss it later. The company, Cheung Kong Real Estate, will choose to use land as a stake in Cheung Kong.”

The shareholder surnamed Chen finally knew the company's overall plan, nodded and stopped questioning.

Wu Guangyao suspected that Jardine \u0026 Matheson wanted to come to Cheung Kong as a shareholder, so they had the idea of ​​inquiring about Cheung Kong!

Since this is the case, why did Wu Guangyao allow Jardine Matheson to join the board of directors?

In fact, Wu Guangyao didn't want to, but Jardine Matheson proposed that he owns 3% of Cheung Kong's shares, and that the number of shareholders of Cheung Kong is small, so he hopes to join the board of directors;

Since everyone said it was for this sake, Wu Guangyao would naturally not refuse!

After all, at this time, I and Jardine Matheson are not fighting each other, and I have to paralyze Jardine Matheson in order to achieve the purpose of acquiring Wharf.

Then, everyone discussed some details and determined a new one-year investment plan.

 …

When Cheung Kong suspended trading and announced that it would issue 10 million new shares, stockholders in Hong Kong Island were excited!

A large number of stockholders have joined the wave of panic buying!

At this time, in the minds of the people on Hong Kong Island, with three commercial complexes and six commercial buildings, the market value of Cheung Kong should exceed that of Jardine Matheson;

So, how can everyone not be excited?

The error-free chapters of "I want to be a rich man in Hong Kong Island" will continue to be updated on Sonovel.com. There are no advertisements on the site. Please bookmark and recommend Sonovel!

If you like I want to be a wealthy family in Hong Kong, please bookmark it: () I want to be a wealthy family in Hong Kong Island, and the search novel update speed is the fastest.