Rebirth: The Era of Hong Kong Tycoon

Chapter 282 [Harbour City]

In a blink of an eye, it is another spring.

In March 1981, Evergrande Real Estate announced a dividend payment of HK$3 billion in total. Not only were shareholders happy, but the Hang Seng Index in the stock market also climbed 10% that day. The Hang Seng Index closed at 5 points, and the total market value of the stock market exceeded 1390 billion Hong Kong dollars.

At this time, the No. 350 chaebol in Xiangjiang must belong to the Lin family. The total market value of the listed companies in the whole family is 29.2 billion Hong Kong dollars, accounting for 20% of the Hong Kong stock market.This result is 9 points higher than the record set by Superman Li in his previous life - [-]%.

Evergrande Real Estate, Hutchison Whampoa, Xiaomi Electronics, and Hong Kong Electric, controlled by the Lin family, are among the top companies in Hong Kong's market capitalization; while Universal Pictures, Modern Newspaper, and China Gas also belong to the middle market capitalization level.

This time, Lin Rongheng himself received 6 million Hong Kong dollars in dividends, because Lin Rongheng holds 60% of Evergrande shares; because Lin Rongheng is the founder of Evergrande Real Estate, even if he holds 75% of the shares, the Securities Regulatory Commission will not say anything.

Hutchison Whampoa, which Evergrande Real Estate holds 49.8%, will touch the line of full acquisition if it exceeds 50%.

For holding public franchise companies, the shareholding standard is generally below 35%, such as HK Electric, China Coal, and Hong Kong Telephone.

After Evergrande Real Estate distributed a dividend of 10 billion Hong Kong dollars, there were still 20 billion Hong Kong dollars in cash and 6 million Hong Kong dollars worth of gold futures in the account. This time, Lin Rongheng did not let the company invest, but directly put it in the account.

The market is already saturated, and it is difficult to invest there. The Japanese stock market and real estate are contracted for investment by the Lin family office. The returns in Europe and the United States are too poor. Even if Lin Rongheng wants to invest, it is through the family office.

Hutchison Whampoa also performed well last year, with a net profit of 6 million Hong Kong dollars, but Hutchison Whampoa only paid out 5000 million Hong Kong dollars in dividends. After all, Hutchison Whampoa needs to reserve funds for large-scale investment.

The Harbor City Redevelopment Plan was conceived and reconstructed in 1973, and after more than eight years, it was finally basically completed.

Before 1973, the buildings in Harbor City were mainly composed of three parts: Ocean Terminal, Hong Kong Hotel, and Ocean Center. These three buildings accounted for less than one-third of the area of ​​Wharf; this is still the largest area occupied by Ocean Terminal. The reason is that the Ocean Terminal Building has only four floors, but it was rebuilt from the wharf (the part protruding from the sea).

再建计划的建筑物有：2座豪华的酒店、3幢高级写字楼、5幢豪华住宅、1幢康乐设施（休闲游玩场所），11幢大厦都修建在3层平台上，庞大的三层平台可提供约35万平方尺的商场。

Undoubtedly, the current version of Harbor City is quite different from the later version of Harbor City, which is a waste of volume ratio.

At present: the three high-end office buildings in Harbor City can provide 80 square feet of rental floor space, and the five luxury residential buildings have a total of 5 residential units.

Accompanied by Zhang Ruohuai, Lin Rongheng inspected Harbor City and couldn't help sighing: "This design is a bit of a waste of land!"

Zhang Ruohuai said seriously: "In the early 70s, Jardine Matheson did not expect Hong Kong's economic development to be so fast. It is indeed a waste to say that five residential buildings are now. If they build first-class office buildings, the benefits will be even higher!"

Lin Rongheng is noncommittal, he will rebuild the Harbor City by himself, but it is not in the 80s, after all, the height limit system still exists.

In the early 90s, I would start rebuilding immediately. First, all five residential buildings would be rebuilt into five large office buildings with more than 5 floors, which would be equivalent to an increase of 40 million square feet of rental office buildings; secondly, the recreational facilities (mainly It serves residential customers), and an office building with about 400 floors can also be built, which can add another 17 million square feet of rental properties.

This is called making full use of the volume ratio, and this is how Harbor City operated in the previous life.

At present, the stock performance of Wharf Group is not good. The market value has returned to 36 billion Hong Kong dollars, and the peak market value of 100 billion Hong Kong dollars has fallen by two-thirds; There are no dividends to be paid every year, and Wharf has issued a lot of bonds, and the interest alone eats up a lot of profits every year.

Lin Rongheng has no intention of changing the status quo, because he plans to privatize Wharf in 1984, so the lower the market value, the better for him.

Lin Rongheng said to Zhang Ruohuai beside him: "The land of the Hong Kong Tramway General Factory in Causeway Bay, your company's management needs to re-plan, and come up with a high-quality plan for me! My opinion is to build two high-rise office buildings and a 16-storey building. A comprehensive shopping mall with a total floor area of ​​240 million square feet. We want to build a landmark building in Causeway Bay, which symbolizes the best commercial complex in Causeway Bay.”

Zhang Ruohuai nodded and said, "Well, I will come up with the best plan for you! When does the boss plan to build it?"

Lin Rongheng said: "In the second half of this year, I will ask Wharf to raise a sum of money. As for the project in Causeway Bay, we will make preliminary preparations first. Anyway, we don't need to pay land premium, and we can build it at any time."

This is a bureau. Lin Rongheng wants to raise a sum of money at the highest point of the stock market to use part of the construction cost of Times Square; and after the project is designed, coupled with the approval process of the Hong Kong government, Lin Rongheng wants to drag it until 1983 The construction was only completed in [-], so that when someone said that they were 'investing in capital', they could say that they were also investing in Hong Kong.

Although Lin Rongheng grew up under the red flag, the principle of not putting eggs in one basket has been deeply rooted in his heart; what's more, after the central government negotiates, normal overseas investment will be said to be capital-intensive, and he actually needs some investment in major Hong Kong projects. Rectification of name'.

Seeing what Lin Rongheng said, Zhang Ruohuai knew that the boss was waiting for another opportunity. Of course, he had to do enough preliminary work so that the knife would be sharp when it was drawn out.

Lin Rongheng and his party walked into the Harbor City shopping mall while chatting. Even if it's not a weekend, the shopping mall here is full of people. Lin Rongheng has several bodyguards to watch over him at any time, so naturally he doesn't worry about safety.

Lin Rongheng's personal bodyguards have all been replaced by 'Zhongnanhai' bodyguards, who are super bodyguards who have fought in the Annan battlefield and have been trained by European and American coaches.For Lin Rongheng, safety issues must not be an accident. After all, two of the four major families in the previous life have experienced kidnapping.Moreover, since I know of Zhang Ziqiang's existence, I will take some targeted measures in the future.

In the shopping malls of Harbor City, 99% of the world famous brands are gathered. If there are world famous brands in Hong Kong, Harbor City will definitely have them.

"There are more people here on weekends, and Harbor City has become the most famous shopping mall in Hong Kong!" Zhang Ruohuai introduced.

"Yes, this is a treasure land! The Jardine Group has a treasure land, but they can't hold it; if they hold more than 45% of the shares, no matter how much wealth we all have, they can easily win!" Lin Rongheng sighed.

In the peak period of Harbor City in the previous life, it occupied 10% of Hong Kong's retail sales, and the annual rent could reach 95 billion Hong Kong dollars.

(End of this chapter)