Hong Kong's new giants

Chapter 177 [Jointly Building Commercial Buildings] (Ask for a monthly pass! Ask for a subscription!)

In the afternoon, Lin Zuhui came to the VIP club at Sha Tin Racecourse.

"Uncle Tong! Brother Chun!"

Zheng's father and son are really close, they are together wherever they go, Lin Zuhui couldn't help but think in his heart, could it be that beauties are also together?
But what is certain is that Zheng Jiachun will never favor his mother in this regard!

Don't look at Zheng Jiachun who is usually very low-key, and there was no scandal after purchasing ATV in his previous life, but he hooked up with Da Liu's ex-girlfriend, Lawyer Wang, and gave birth to an illegitimate child.

That Wang Yingyu is really ugly!

In fact, at Zheng Jiachun's position, beauties are easily available, on the contrary, some soulful and talented women can be accepted.

Although Wang Yingyu is ugly, others will not interfere with Zheng Jiachun's family affairs, and will not make trouble; the important thing is that she is a barrister herself, and she can still help Zheng Jiachun to a certain extent.

Therefore, it is also understandable.Moreover, Zheng Jiachun also wrote the children of Wang Yingyu on Zheng Yutong's obituary, which shows that he really likes others, and Wang Yingyu also took over the legal affairs of New World.

"Ahui!"

As soon as they met, they greeted each other warmly.

After a while, a few more people came to this circle, Pan Dickson, Lin Jianyue and so on.

But it's very strange, everyone took the initiative to give up the main position to Zheng Yutong and Lin Zuhui, as if saying that these two are the same people.

Lin Zuhui naturally accepted it as a matter of course. If these second generations want to be on the same level as him, at least they have to take over the class.

And Zheng Yutong usually likes to support the younger generation and play with the younger generation.

After everyone sat down in the restaurant of the clubhouse, they chatted while drinking afternoon tea.

"I read the newspaper in the morning, and it was all about you. Now you are Weishuixiangjiang!" Zheng Yutong said admiringly.

Lin Zuhui is very humble: "The media are just eyeballing me. I am almost becoming a debt king. The bank almost sent someone to guard me 24 hours a day. How dare they take pride in it."

Zheng Jiachun said enviously: "The debt is less than [-]%, what are you worried about, this time you bought two high-quality properties (Huazhi Center), what are you afraid of if the debt is high!"

Zheng Yutong looked at his son, and warned: "You can't imitate others, Ah Hui can find money in other places!"

He has two characteristics: one is that he doesn't like to buy other people's companies, and thinks it is a way to steal money; the other is that he doesn't like to owe too much debt to the bank, and he thinks it is always bad to owe people money.Of course, it is true that Zheng Yutong likes big projects. The New World Center and the Convention and Exhibition Center are now projects worth more than 50 billion.

However, there are exceptions. Zheng Yutong was extremely active in purchasing land in his previous life.

When Zheng Yutong heard what Lao Tzu said, he had no choice but to nod in agreement. He is his follower, and he took his Lao Tzu's words as imperial decree.

In fact, the small universe in his heart is just hidden in his heart. As soon as he came to power, (in his previous life) he immediately started hostile acquisitions and borrowed money to buy properties.Zheng Yutong who was hiding behind thought, if he had just retired and came back to power, wouldn't he not give his son a little bit of face, and cultivated successors for so many years, wouldn't it be embarrassing, and how to succeed in the future can only be left to Zheng Jiachun.

After chatting for a while, Pan Dickson smiled and said, "Ah Hui, you invested in Luk Fook Jewelry. It seems that you really like Uncle Tong and plan to become a jewelry tycoon too!"

Obviously joking, Lin Zuhui replied: "Why, are you going to sue me too?"

It turned out that Pan Dickson recently filed a lawsuit against Chen Shengze of Hehenghe Jewelry, and Chen Shengze was originally an unknown, but a medium-sized jeweler, and recently became famous.

"Tch, I dare not mess with you!"

Everyone laughed, Lin Zuhui is indeed a bit of a "notoriety slam", but everyone knows that Lin Zuhui's "notoriety" comes from normal competition in the mall.

Lin Zuhui inadvertently looked at Lin Jianyue, the little fat man, and couldn't help but feel sad for him; although he didn't have any enemies with Lin Zuhui, and even the two were friends, Lin Zuhui had already taken over his woman and family business.

Of course, this is to save Lin Baixin's family!

In the previous life, ATV and Furama Hotel caused the family to lose a lot of money, and Lin Zuhui was bound to get the crocodile shirt.

He remembered that the crocodile shirt was acquired by the Lin family in September next year, and Lin Zuhui only needed to complete the layout in the first half of next year!The main reason is that he is short of funds now, and can only wait for the settlement of the futures contract at the end of the year before restarting the layout.

It can be expected that, regardless of how much money he earns, he also spends money so well, I'm afraid he really can't save much money!

Crocodile shirts need more than 10 billion in acquisition fees. If they want to develop, they have to spend 10 billion, and they will be 20 billion!
Of course, Lin Zuhui still chose leverage this time.

Anyway, before the '50 stock market disaster' and during the stock market crash, he could make a profit of more than [-] billion, and he was not afraid to spend a little more money.

After watching the race, when Lin Zuhui and others were about to leave, a handsome man with glasses greeted him.

"Uncle Tong"

"It's Zhiming!"

Lin Zuhui also recognized the person who came, it was Ye Yuqing's elder brother Ye Zhiming, who was a celebrity in Xiangjiang.It's not that he has great wealth, but his legendary experience is very interesting to talk about.

Ye Zhiming speculated, rented and sold yachts in Saigon in 1960, and later made fakes and sold them to the United States, earning millions; he later engaged in oil business, and ended up losing money.

In the 70s, he spent 40,000 yuan to make "BANG-BANG" jeans, and established a kingdom of more than one billion. In 76, he started the BANGBANG film company and produced films such as "Jumping Ashes". The plate was given to Qiu Degen and Chen Songqing.

In 1981, the Beihai Fishing Village made a profit, and then raised tens of millions to build the Qiaozui Island Resort; and this Qiaozui Island Resort is not well managed now, and it is estimated that 1 million cannot be sold.

It can be said that Ye Zhiming belongs to the business circle with ups and downs, and he can be called a business leader in the entertainment circle.

Ye Zhiming also has another characteristic, that is, when he played Pai Gow with Zheng Jiachun and Zhao Zengguang, he didn't care at all whether he won or lost millions. He can be said to be a person who treats money like dirt.

"Mr. Lin, hello, I'm Ye Zhiming!" When Ye Zhiming saw Lin Zuhui and Zheng Yutong walking together, the rest, such as Zheng Jiachun and others, could only be one position behind. There is no one who is so young, so there is this card.

"Ye Sheng, I've heard of you. You have been defeated and fought repeatedly. You are legendary!" Lin Zuhui quoted a sentence from "Zeng Guofan", which is a must-read for those who have achieved great things.

After Ye Zhiming heard about it, he really felt very honored, and happily took out his business card.

Generally speaking, Lin Zuhui would not give people his own business card, but for some reason, he took out his own business card by mistake today and gave it back to Ye Zhiming.

"Talk another day!" Lin Zuhui said politely before leaving.

"Alright Mr. Lin, you are busy!" Ye Zhiming was more polite.

Although he is twice as big as Lin Zuhui, Xiangjiang only cares about wealth. Lin Zuhui is rich and powerful, and now he is at the level of the top ten chaebols and the heads of the four major families.

At this time, Lin Zuhui's achievements had already surpassed those of Liu in his previous life, and it was enough to be among the top ten chaebols before the stock market crash.At least it can squeeze out Shao Laoliu and Chen Zengxi's family and rank among the top ten existences.

Lin Zuhui controls five listed companies, all of which have a market value of nearly 100 billion, which can be called Weishui Xiangjiang.

With the increase in financial resources, Lin Zuhui's influence is also expanding. Using Wanhui Media, he has joined the core of many social organizations and made friends with important figures in the Hong Kong government. It is no longer the same.

After Ye Zhiming left, Zheng Jiachun reminded: "If he lets you take over the resort, you have to think carefully, I lost a lot of money on it!"

Lin Zuhui smiled and said: "Of course I'm not interested in his resort, but I'm interested in his strength in the entertainment industry!"

When Dickson Poon heard this, he asked, "You have DreamWorks Film Company, which has a box office of nearly 9000 million this year, and you still think highly of his film company. His film company only makes some small productions. Don't you look down on small productions the most?" Well?"

DreamWorks was only managed by Debao, and the actual boss was Lin Zuhui, who could take back the management right at any time, so Dickson Poon said so.And Dickson Poon spent 3000 million to buy 2% of the shares, and he has already made a lot of money with "The True Colors of Heroes [-]" and "Rising Riches", so he really admires Lin Zuhui.

"DreamWorks can try to develop in the record industry. It's a good time to cooperate with everyone at that time. Brother Pan, let's discuss it together!"

"no problem!"

Doing business with Lin Zuhui is a steady profit, as there is a saying in the Xiangjiang industry.

A group of people chatted while walking, and then found a restaurant for dinner before parting ways.

Zheng Yutong didn't dislike a group of children, and had a great time chatting with everyone.

A new week begins.

Lin Zuhui's influence continued to be popular, and six listed companies under his banner rose sharply, while the Hang Seng Index also broke through to 2500 points, and the stock market was booming.

Even the market value of 'Cathay Pacific City Hotel Management', which was once slammed by the industry, has returned to 6 million, and the market outlook is strong.

No one questioned Lin Zuhui's ability to make money anymore. The annual profits of New Era Real Estate and Huaren Real Estate have shut everyone up.

In the office of New Era Real Estate, Lin Zuhui is waiting for his subordinates to report.

After a while, Chen Bin, who was in charge of developing the real estate business, came to Lin Zuhui's office.

Chen Bin is in the prime of life. Before Lin Zuhui took over New Era Real Estate, he was in charge of the real estate development business of New Era Real Estate; Chen Bin is also in a waiting state.

After Lin Zuhui took over New Era Real Estate, he essentially looked down on the original management, but Chen Bin was very smart and approached him immediately, and helped Lin Zuhui take control of the company.

With this credit alone, Chen Bin has been in charge of the development business of New Era Real Estate over the past few years. You must know that New Era Real Estate has 12 real estate projects under construction and 3 cooperative real estate projects. The houses it supplies every year can be ranked in the top ten real estate . (The market value can definitely be included, but the market value of real estate in the new era is very watery)
Seeing the boss slowly tasting tea, Chen Bin took a sip of the tea made by the boss's assistant first, and then said unhurriedly: "Boss, I'm here to learn from you. How much will we increase the number of real estate projects we invest in next year?" OK, so I can make a plan?"

The general direction of the company is in the hands of the boss, so there is nothing wrong with Chen Bin's move, and Lin Zuhui will not blame him for not being a leader.

"Thirty percent, be a little more conservative. Anyway, it can be increased or decreased later depending on the situation!" Lin Zuhui quickly had an answer.

The '[-] stock market disaster' did not have a great impact on real estate, and Lin Zuhui also attached great importance to 'goods like rotation'. If after the '[-] stock market disaster', Xiangjiang Real Estate fell into a real estate slump for a short time, Lin Zuhui would not hesitate to order the company's It doesn't matter if the real estate is "sold at a reduced price" or "topped the bad market" a little bit, as long as the general profits are released, the return of funds is the first element.

Chen Bin nodded and said, "Okay, then I'll go and make a plan for the start of our real estate project for the new year! When the time comes, I'll show it to you."

"Well. After our batch of [-] million funds buys land and old buildings, I may seek another loan next year to continue buying land and buildings to ensure that our industrial raw materials are sufficient."

"Boss Gao Ming, our current debt ratio is less than [-]% and we can indeed borrow again!"

Chen Bin thinks that the boss is very powerful. At this time, the asset value of New Era Real Estate is as high as 60 billion, while the debt is only 17 billion; although the debt amount has not been reduced, the debt ratio has been greatly reduced.

After Chen Bin left, Lin Zuhui suddenly remembered that the Real Estate Department of New Era really had a way to reduce debt before the stock market crash.

That is: before the stock market crash, sell the stocks of Chinese Land and Cathay City.

For example, New Era Real Estate currently holds 49% of the shares of Hua Zhi and Cathay Pacific, and it is completely possible to sell 19% of the shares.

In this way, there is no need to worry about being attacked by someone. The reason is very simple. After the stock market crash is over, a part of it will be recovered, and it is enough to keep it below 45%.

In the same way, Huazhi and Cathay Pacific can also lose weight before the stock market crash, and get it back after the stock market crash.

In this way, one sale and one purchase make a lot of profit!
In the afternoon, Wang Qilin brought his son Wang Jinchu to Lin Zuhui's office.

"Uncle Wang, big brother, you don't want to go to the Three Treasures Hall if you have nothing to do?" Lin Zuhui sat on the sofa with the two and chatted.

Wang Jinchu is his eldest brother-in-law. He has been studying in Gaosheng Real Estate since he returned to Hong Kong for almost a year.Speaking of which, Wang Jinchu was able to give up the colorful world outside and return to Hong Kong to help his father, thanks to Lin Zuhui.

After returning to Hong Kong, Wang Jinchu no longer misses foreign countries. Lin Zuhui also introduced him to the rich second-generation gang of Pan Dickson and Zheng Jiachun, and he has squeezed into the top second-generation circle.

Wang Qilin said: "Do you still remember the piece of land where I am building next to Electric Road in North Point?"

"Do you remember, I still took classes in that project for a few days!"

The project itself was proposed by Lin Zuhui. If it wasn't for Lin Zuhui's proposal, Wang Qilin might have lost a commercial building.

Wang Qilin nodded and said with a smile: "After nearly two years of hard work, all the owners of Electric Road have agreed to sell! The land was originally 15000 square feet for residential use. Now that Electric Road has been successfully merged, an additional 18000 square feet will be added. We only need to apply for changing the residential land on Wang On Road to commercial land, and we can build a 20-storey Grade A office building with 50 square feet of rental property.”

Lin Zuhui nodded. The number of floors of the office building and the proportion of the land area are all determined by the planning office; however, the planning office also decides based on various factors such as the nearby buildings.

There is no problem building a Grade A building with a floor area of ​​50 square feet on that piece of land, because there are streets on three sides, which means there is no shelter, and the plot ratio can be appropriately increased.In the construction regulations, unilateral, bilateral, and trilateral means the question of the plot ratio, and the so-called unilateral means that only one side is a building with no shelter.

In another situation, the plot ratio of the land in Central can be infinitely high, and the buildings are next to each other.For example, the entertainment building under Lin Zuhui covers an area of ​​only 5800 square feet, which means that the area of ​​one floor can reach about 5800 square feet, and it can also be repaired to a height of 32 floors.Otherwise, the maximum value of this building in the previous life would not be as high as 80 billion.

The location of the entertainment store is a place with high passenger flow, which also affects its value.

"So, are you interested in participating in the joint construction? Our two companies cooperate to build a first-class building and then use it to collect rent!"

Lin Zuhui was happy. Although the office buildings in North Point were not as good as those in Central, Wanchai, Causeway Bay, etc., they were still worth 50 yuan.

"Of course it's no problem, it's exactly what I wish for!"

Wang Qilin nodded and sighed: "If you hadn't reminded me, I would not have made up my mind to spend nearly two years merging the buildings, and I might not even have thought of merging the buildings on Electric Road. Although there were indeed many difficulties during the period, the merging of buildings After I succeeded, I almost didn't sleep at night."

Well, after the successful merger of Electric Road, its value may be nearly ten times the value of the development of the residential part of Wang On Road.

A high-quality building is the dream of real estate developers!

Wang Qilin has been a real estate developer for many years, especially so.

Now he has not only become a medium-sized real estate developer, his wealth has more than doubled compared to before he met Lin Zuhui, and he can soon own a headquarters building.

He not only regards Lin Zuhui as his son-in-law, but also regards Lin Zuhui as a nobleman!

"This building will be the headquarters building of Gaosheng Real Estate in the future!" Lin Zuhui said with a smile.

Wang Qilin nodded, and said, "Yes! We are looking for you to cooperate because we also consider the land and construction costs of this project. It will cost almost 5 million yuan. It is too risky to be the sole contractor."

There is no risk at all, but Wang Qilin is an old-fashioned real estate developer, and he likes to diversify his investment; if one project loses money, there are several other projects that make money, so there is nothing wrong with it.What's more, this is a rented commercial building, and the payback period is very long.

Next, the two parties briefly discussed the proportion of cooperation shares. New Era Real Estate accounted for [-]% of the equity, and Gaosheng Real Estate accounted for [-]% of the equity.The two parties first formed a company, and then injected funds in proportion to buy Wang Qilin's land, and then the new company paid for the land and undertook the construction.

As for the construction fee, of course it will be settled through a loan for the time being!

However, because it will be used for rent collection in the later stage, both companies have to arrange for the repayment of funds.

This is also the reason why Wang Qilin is willing to share it. It is really difficult for him to bear the fact that a project with an investment of 5 million cannot be sold.

In fact, assuming a piece of commercial land covering an area of ​​3.3 square feet in North Point, its value will be more than 2 million.

Now, even if the land supplement fee is included, the total cost of this land is less than 1.5 million, which is extremely cost-effective.

No wonder Lee Shau Kee likes merging buildings so much, and some even took more than four or five years to succeed.

Lin Zuhui has already thought about this project. New Era Real Estate will participate in the cooperation. After the construction is completed, it will be sold to Huaren Real Estate's [-]% interest at a high price for rent collection.

After Wang Qilin and Wang Jinchu left, Lin Zuhui called Chen Bin who just came back from the outside, and informed him of the project.

"At present, our company has no experience in developing commercial buildings. This time, we will learn from it and form a strong team. Because soon we will also have our own skyscrapers."

As a real estate developer, only big projects can give him a sense of accomplishment, Lin Zuhui thought so.

Skyscrapers, commercial complexes, convention and exhibition centers, and large housing estates are all Lin Zuhui's goals in recent years.Of course, once his foundation is firmly established, he doesn't mind investing funds in some technology industries, provided that he has enough strength to "wave".

Chen Bin said with a little excitement: "Well, I will form a team as soon as possible!"

He is a professional talent with a background in architecture. Compared with Lin Zuhui, he probably regards architecture as a part of his life.

Lin Zuhui nodded and said, "Next year, we should also have our own construction company!"

Chen Bin's face was full of surprises. The boss said that he must have chosen a target acquisition, but he didn't know which one it was!
He didn't ask too much, it involved too deep a secret.

"The company is growing stronger and stronger, and we are even going to enter the mainland. Two years ago, we were still a real estate company on the verge of liquidation, which is really unbelievable!"

Lin Zuhui smiled faintly, and accepted the flattery with peace of mind.

"It's all the result of everyone's hard work! This time I will let the HR department recruit some senior staff to expand your property development department."

"Yes!"

　16000 words have been updated today!
　　
　
(End of this chapter)