Rebirth: The Era of Hong Kong Tycoon

Chapter 205 [Four Blessings Come to the Gate]

Lin Rongheng feels that his influence is still too small. Although he has the media support of the modern newspaper industry, it still cannot meet the influence he needs in business in the future.

To put it simply, Li Chaoren secretly purchased 20% of Wharf shares in his previous life, but in the end he stopped the acquisition activities under the persuasion of HSBC Bank; Reasons to offend HSBC.

When Bao Yugang proposed to acquire Wharf, HSBC no longer acted as a lobbyist for Jardine Matheson Bank, but instead became an accomplice in handing over the knife, directly lending Bao Yugang 20 billion Hong Kong dollars.

Therefore, Lin Rongheng felt that he must have a company with world influence, and soon Lin Rongheng decided to establish a technology company mainly focusing on electronics and electrical products; although he did not understand technology, he understood the development trend, and With money, I believe the achievements will not be low.

Let’s talk about Xiangjiang’s electronics industry, it’s not just poor and empty, but rather well-established.

In 1959, through a Hong Kong company, Sony Japan opened the first local radio factory, specializing in the production of transistor radios (locally known as atomic radios).Founded by local industrialist Hu Xiaoqing, the factory was contracted by Sony to produce 4 radios per month.The budding of Hong Kong's electronics industry started here.

In 1960, there were three radio factories in Hong Kong, which increased to 1961 in 12 and 1962 in May 5.This booming manufacturing industry, mainly in small residential units, required only a few workers to assemble hundreds of radios every day.

In addition, in the early 60s, several well-known American electronics companies set up factories in Hong Kong to assemble discrete components, such as magnetic core storage components, diodes, transistors and capacitors, etc., which promoted the rapid development of Hong Kong's electronics industry.According to the data, there were only 1960 electronics factories in Hong Kong in 4, but in 1970 the number had become 230, and the number of workers employed increased from 183 to 3.8.

During this period, the Hong Kong Electronics Factory produced some defense electronic products for the United States, assembled wired and wireless dual-purpose TV sets, rocket launch parts and radar devices, etc.

In the 70s, large-scale integrated circuits came out, and the products of computers and electronic watches grew rapidly.More foreign capital set up factories in Hong Kong, bringing more "babies" - advanced technology and equipment for assembling integrated circuits, electronic watches, speaker equipment, computers, televisions and other electronic products, making Hong Kong's electronics industry the first A developmental orgasm.

Although they are still only OEM electronics industries, there are also some high-tech electronics companies.

Before establishing an electronic technology company, Lin Rongheng entrusted Zhang Ruohuai to find an industrial building for him, the one with a larger area.As early as the early 70s, the supply of industrial buildings in Hong Kong was actually oversupplied, and the vacancy rate increased sharply. The increase in rental and sales prices was far less than that of other buildings. The vacancy rate increased from 1970 million square feet in 190 to 1973 million square feet in 230. ruler.

But after the oil crisis, around 1976, the demand for industrial buildings in Xiangjiang increased greatly, so the prices of industrial buildings became popular again.

That being the case, might as well just buy one.

Zhang Ruohuai was not surprised to see that Lin Rongheng wanted to buy an industrial building just after he bought Huarenhang personally; Evergrande Real Estate relied on the investment of the boss, and the cash flow can reach as high as 8 million Hong Kong dollars, not to mention the cash held by the boss himself How big the flow is.

According to the rumors in the market, Lin Rongheng cashed out more than 10 billion in the stock market, plus the boss invested in gold; the Evergrande Three Musketeers all guessed that the boss's personal cash flow is now more than 30 billion Hong Kong dollars.

"How large an industrial building does the boss want to buy?"

Most of Xiangjiang's factories are high-rise buildings, usually at least 12 floors high, and even as high as 20 floors.

Lin Rongheng thought for a while and said, "The bigger the better, the industrial building in Kwun Tong is nice, it's close to the airport, and the exit is very convenient!"

Zhang Ruohuai was a little curious when he heard that, did the boss buy the industrial building because he wanted to invest in high-tech industries?Otherwise why say it?

However, Zhang Ruohuai knew that he would know sooner or later, there was no need to ask now.

"Okay, I'll keep an eye out for you recently, and I'll let you know as soon as I have any news!"

"En! Don't worry about the price. The industrial building has fallen the most, so it must not be that expensive!"

Recently, Zhang Ruohuai has become busy. He is responsible for a lot of work in the land purchase business. After all, Evergrande Real Estate has more than 8 million in cash, except for more than 2 million for commercial building reconstruction and site start-up, and the remaining 6 million Hong Kong dollars will be used. Buy real estate at the bottom; Lin Rongheng will also buy at least 5 million Hong Kong dollars in real estate, which is also handed over to Zhang Ruohuai to find.

In his previous life, Li Chaoren pumped 1974 million Hong Kong dollars in the stock market from 1975 to 1.8 for bottom-hunting real estate; plus personal cash out, the total would not exceed 3 million Hong Kong dollars.

For Lin Rongheng, the current giant land company is not very concerned, after all, Hongkong Land is conservative in operation; instead, it is a small-scale Cheung Kong Enterprises, and Lin Rongheng is more vigilant; because Cheung Kong has won the second place in London. Listing status, having won a third listing position in Toronto, could use both places to pump a lot of water for itself.

Therefore, the first consideration of Lin Rongheng's bottom-hunting real estate is to intercept Hu Changjiang Industrial and take all the high-quality properties that belonged to them; in this way, even if Li Chaoren is rich, he will not earn as much as in his previous life.

On April 4, An Qi gave birth to another son, Lin Rongheng named Lin Jiayi.

Lin Rongheng is only 24 years old, the eldest son Lin Jiahua is 2 years and 8 months old, the second son Lin Jiayi has just been born, and the prototype of the family has already been born.

Double happiness, Annie, who is only 19 years old, is also two months pregnant and is expected to give birth at the end of the year.

With the three blessings coming, Lin Rongheng bought two more lands for luxury houses in Deep Water Bay, namely land No. 66 below Villa No. 68 in Deep Water Bay, and land No. 75 not far to the east; among them, land No. 68 in Deep Water Bay covers an area of ​​17500 square feet , priced at 520 million Hong Kong dollars; among them, Deep Water Bay No. 75 covers an area of ​​21000 square feet and is priced at 660 million Hong Kong dollars.The three villas are all adjacent to each other, the Kadoorie family has two villas below, and now Lin Rongheng has three villas in this area, cleverly surpassing the Kadoorie family.

Four joys are coming, Villa 66 in Deep Water Bay is being renovated, and it is expected to be able to move in by the end of the year; the construction cost of the entire project is 800 million Hong Kong dollars, plus the cost of the land, just over 1000 million Hong Kong dollars; if it comes to the 21st century, this villa will be at least The value is more than 25.1 billion Hong Kong dollars, an appreciation of 251 times.

Lin Rongheng has promised Annie to give her the Repulse Bay No. 4 villa. At the same time, the land No. 68 Deep Water Bay is also in her name, and construction will start immediately.

In this way, Lin Rongheng and An Qi only have No. 66 villa and No. 75 land in Deep Water Bay under their names. Of course, this is far from enough, but the Hong Kong government has strict management. The amount released will determine how many luxury lands to sell. If the amount exceeds the amount, it will not be approved; moreover, since Lin Rongheng already owns 3 villas in Deep Water Bay, Lin Rongheng has been unable to apply for it in the past year.

Of course, this situation does not exist if you buy from other owners. For example, Villa No. 4 in Repulse Bay was purchased by Lin Rongheng from the old owner.

(End of this chapter)