Rebirth: The Era of Hong Kong Tycoon

Chapter 161 [Investigate the enemy's situation 1]

On the weekend, Lin Rongheng asked the Three Musketeers of Evergrande to hang out in Hong Kong and Kowloon. It was really a search for high-quality properties that would be easy to get in a few years; property development can bring sufficient cash flow to Lin Rongheng, and high-quality rental properties can provide Lin’s The family has brought prosperity for at least a hundred years.

Several people live in Hong Kong Island, but they first came to the Kwai Chung Container Terminal in the New Territories.

Looking at the No. [-], No. [-], No. [-], No. [-], and No. [-] ports that have been taken away by foreigners, Lin Rongheng said sadly: "In the future, shipping will be dominated by containers, and now the five container ports in Kwai Chung have all been occupied by foreign capital. It's a pity that our Huazi is far from growing, otherwise we wouldn't be reduced to this!"

The Three Musketeers peeked at each other, what does the boss mean by this, does he still want to enter the dock business?
Of course, with the growth rate of the boss, after three or four years, maybe he will really enter this field!
Wu Hao said with a smile: "We Chinese have risen in Xiangjiang since the 50s. After 20 years of struggle, we can be regarded as a group of heroes, especially Chinese-funded real estate developers are the first to bear the brunt; The investments of Chinese companies have become more cautious, as have Jardines and Landmark. Since the establishment of the Four Councils, Chinese-funded companies have begun to seek listings and use the stock market to pump water to expand their companies. I believe that it is only a matter of time before they surpass British-funded companies! It is very big, container terminals 1 to 5 occupy only one-fifth of the size, if the boss wants to do terminal business, there may not be a chance in a few years!"

Lin Rongheng nodded. Since the establishment of the Four Councils, the enthusiasm for listing has been high, and the strength will naturally grow by leaps and bounds. Listing is indeed the best way for the company to expand. It can not only pump water from the stock market, but when the stock market is booming, Even banks are willing to lend to high-quality listed companies.

As for Piers 1 to 5 in Kwai Chung, although they appear to be numerous in number, they actually occupy a small area.

实际上，后世葵涌码头成型后：9号葵涌码头最大, 独占青衣岛一边（半边）；8号葵涌码头占地面积约等于1到5号码头的总和；6号和7号码头占地面积的总和, 又和1到5号码头占地面积总和相当。

其中1号货柜码头被香港的四大洋行和汇丰组成的现代货柜公司拿下了，今年已经正式开始启用；2号货柜码头被日本的大山船务投得, 3号货柜码头被美国的海陆联运公司投得, 4号货柜码头又由和记牵头组成的国际货柜公司夺得，5号码头则由九龙仓集团在今年投得。

The Wharf Group is in Lin Rongheng's pocket, and it is basically impossible to escape; as for Hutchison, Lin Rongheng is also eyeing Hutchison, and there is a great hope of winning it.

In this way, half of the first five piers are in the hands of Lin Rongheng; the subsequent bids are only for financial resources, and Lin Rongheng can still occupy half, or even more.

"Let's go! The business of the terminal is a matter for the future!" Lin Rongheng said reluctantly.

Along the West Kowloon Highway, the second stop of the few people came to Wharf.

Wharf is not strictly a warehouse, but the largest cargo port in Hong Kong, with deep-water terminals, open-air cargo yards, and cargo warehouses. In 1886, Paul Chater led the establishment of a dock warehouse in Kowloon, and Jardine Matheson was one of its major shareholders.

The Wharf Group is a listed company of the Jardine family. It and Hongkong Land are also known as the "two wings" of Jardine; the industry of the Wharf Group is not only Wharf, but also most of the terminals in the New Territories and Hong Kong Island, Warehouses, Hong Kong trams, and the Star Ferry are also its industries.

Among them, the Hong Kong Tramway and the Star Ferry are old-fashioned means of transportation in Hong Kong. The headquarters depot of the Hong Kong Tramway was later built into Times Square in Hong Kong. The Star Ferry was the only means of crossing the sea before the Hung Hom Tunnel was opened, and it is an important transportation hub connecting Kowloon and Hong Kong. .

Wharf Group has a long history and strong assets. It can be said that whoever owns Wharf will control most of the cargo handling, storage and transportation and cross-sea ferries in Hong Kong.

In Wharf at this time, the buildings that have been built include: Ocean Terminal, Hong Kong Hotel, and Ocean Center. Among them, Ocean Center also has the shares of Xu Shixun’s family.

At this time, the Wharf and Harbor City projects have already begun to break ground, but only 43 square feet of land are planned, which is quite different from the 200 million square feet of later generations. The difference includes 5 Haiwei Buildings, some shopping centers and hotel.

Moreover, Lin Rongheng also knows that the planned land of 43 square feet is an important reason why Jardine Matheson lost Wharf: it turns out that Jardine Matheson's development strategy is to use overseas as the development center and Xiangjiang as a supplement; then, to build Harbor City's capital is as high as 20 billion Hong Kong dollars, where does it come from?

The Wharf Group insists on using its own funds to build buildings, and the way it handles the buildings is to only rent and not sell, which will cause a slow return of funds and plunge the Wharf Group into a financial crisis; in order to alleviate the financial crisis, the Wharf Group has invested heavily The sale of bonds to obtain cash has caused the group to be heavily indebted, its reputation has declined, and its stocks have depreciated.

A low market value and a high value means that someone is spying on it, and Li Chaoren was the one spying on it in his previous life.

By 1978, the market value of Wharf Group was only less than 14 billion Hong Kong dollars; and according to the land price at that time, the value of each square foot in Wharf was 6000 Hong Kong dollars per square foot, and Wharf had a full 200 ​​million square feet. , if calculated in this way, when Bao Yugang acquired Wharf in his previous life, the market value of Wharf was once higher than 130 billion Hong Kong dollars, which is understandable.

Looking at the Wharf construction site under construction, Lin Rongheng uttered wild words: "We, Evergrande Real Estate, have always regarded Hongkong Land as a competitor. Now Hongkong Land's brother company Wharf has moved its location, and Wharf has moved its freight business to Kwai Chung and Peninsula West. The resulting land is used to develop commercial buildings. What do you think?"

The three of them looked at the huge site of Wharf with envy in their eyes. Zhang Ruohuai said: "Most of the high-quality land in Xiangjiang is in the hands of these old British banks. Landmark owns more than ten high-quality buildings in Central, and Wharf has another With this huge coastal land, first-class commercial buildings and shopping centers can be built. Swire & Co. owns a huge Taikoo Dockyard. The land. These are things that our Huazi real estate can't match!"

Lin Rongheng smiled and said: "That's not necessarily the case! Take this Wharf warehouse as an example. I think Jardine Matheson must suffer. Jardine Matheson invests most of the money earned by Heung Kong overseas; and their development of properties The method is also very conservative—only renting and not selling, this kind of management method is not commendable, and it will inevitably lead to sluggish return of funds after a long time, and the group will fall into financial crisis.”

Several people didn't expect Lin Rongheng to judge the future of Wharf in such a way. Of course, they didn't know that Lin Rongheng already had the idea of ​​moving Wharf in his heart, thinking that Lin Rongheng was just 'slandering' his competitors.

He Rui cooperated and said: "It is true that Hongkong Land has not done much in recent years, especially in residential buildings, there has been basically no development; on the contrary, our Chinese-owned real estate has developed and developed properties one after another, earning a lot of profits. On the other hand, these established real estate companies will also be caught up by our Huazi Real Estate. Although Hongkong Land is a listed company, it does not know how to use the stock market!"

Lin Rongheng said with a smile: "It's not that they don't know how to use the stock market, but that Jardine Matheson, as the major shareholder, has been selling the shares of Hongkong Land, and the funds obtained have been invested overseas. If they issue new shares, their shares will increase. Diluted."

He Rui said: "The boss knows our competitors very well!"

Lin Rongheng said confidently: "Know yourself and know your enemy, and you can defeat your opponents! When the company went public, I called Chaoyue Land in front of the shareholders. It was a joke!"

The Three Musketeers became excited when they saw that their boss was so confident. With such a promising boss and company, why worry about their own future!

(End of this chapter)