The Birth of the Hong Kong Island Family.

Cheung Kong Industries.

Hu Zhaoxu came to Lin Zhichao's office and reported: "Boss, there will be an official land auction at the beginning of next month, a total of twelve pieces of land will be auctioned!"

Very fierce!
Lin Zhichao raised his head, his eyes showed interest, and said: "Okay, I will participate then, you are ready to sign up!"

Hu Zhaoxu nodded and said, "No problem! Judging by the attitude of the Hong Kong government, I'm afraid they are going to do a big job and auction off a lot of land. After all, the land price has risen a lot now!"

Lin Zhichao said with a smile: "You will get used to it. In the future, land income will be an important income for the Hong Kong government. We only need to prepare money!"

As far as he knows, auctioning 12 pieces of land in a week is not a big deal. This time, the Hong Kong government is afraid that the auction will last for several weeks, completely igniting Hong Kong's real estate market.

Hu Zhaoxu said: "The boss is right! Since our Champagne Mansion was sold out, the entire real estate in Hong Kong has been revitalized, and many real estate companies are sharpening their knives!"

Lin Zhichao smiled with ease!

In Hu Zhaoxu's eyes, he felt that his boss didn't fancy those opponents at all.

The land and old buildings owned by Cheung Kong are about 100 million square feet;
In terms of market value, excluding the four pieces of land in Central, it is already worth more than 8000 million Hong Kong dollars.

After Hu Zhaoxu left, Lin Zhichao also started to think about it.

The land from this year to the first half of next year can be won, and the price is not high.

For example, taking Causeway Bay as an example, it should be able to rise to about 120 Hong Kong dollars per square foot in the first half of next year; by 1957, it should be able to rise to 160-170 Hong Kong dollars per square foot; but by 1958, the land in Causeway Bay must be only seventy or eighty Hong Kong dollars per square foot.Of course, all this happened in a very short time; 1959 could recover, and 1960 could reach the peak of 1957.

These are Lin Zhichao's speculations. After all, it is only due to the oversupply and the Hong Kong government's control over the sale of uncompleted properties, not the impact of international events and political events; If it falls too much, it can still be stable; the area that plummets by 70% must be a non-urban area.

Now that we have decided to acquire the land, we need to prepare banknotes. It is not enough to rely on "sales of uncompleted properties" only, and more of the "sales of uncompleted properties" of Cheung Kong Properties will be concentrated in the next year.

The first three million Hong Kong dollars from the sale of the ship were directly injected into Cheung Kong; together with the 300 million Hong Kong dollars withdrawn from Cheung Kong, Cheung Kong has raised another 500 million Hong Kong dollars.

Lin Zhichao decided to go to Hang Seng Bank and Bank of East Asia to borrow 500 million Hong Kong dollars each. He didn't know if Hang Seng Bank would lend money, because they also established a Hang Seng Real Estate and planned to develop real estate.

In this way, not counting the funds for the sale of uncompleted properties, Cheung Kong has 1800 million, which can almost buy about 20 square feet of land. This is the purchase target for the remaining three months of this year!
In fact, Lin Zhichao is not short of money, a mere 1000 million Hong Kong dollars, just temporarily embezzle the funds of global shipping, that is, the cash flow of the Yangtze River Industry Group is enough to embezzle; Just go back again.

However, if you have a relationship with the bank, let alone have money in your hand, you don't panic!

in the afternoon.

Lin Zhichao came to the office of He Shanheng of Hang Seng Bank and received a warm reception. He Shanheng even asked He Tian to accompany him.

Among the current veterans of Hang Seng, Liang Kaiju is from Shunde, but Liang Kaiju is mainly in charge of Hengchang Trading.He Shanheng and He Tian are both from Panyu, but they are actually in the same circle as Shunde. This is why the main cooperative bank of Lee Shau Kee and Cheng Yutong in their previous lives was Hang Seng Bank. It can even be said that Hang Seng Bank supports two Shunde real estate developers.

Putting down the teacup, He Shanheng smiled kindly and said, "Could it be that Lin Sheng came to the company for a loan?"

Lin Zhichao made a joke and said, "Boss He doesn't think I'm not short of money, does he?"

Everyone laughed, Lin Zhichao's wealth level is already recognized as being similar to that of the He Dong family (in fact, it is much higher), so Lin Zhichao's words also indirectly express that I am indeed rich.

He Tian said: "Lin Sheng's model of selling uncompleted flats, and relying on your land, it is indeed possible that there is no shortage of money."

He Shanheng also nodded. Although everyone didn't know how much land Lin Zhichao had in his hands, there were more or less rumors that Lin Zhichao definitely had a lot of land in his hands.

Lin Zhichao said directly: "The funds are indeed not bad, and it doesn't necessarily have to be that little money. However, I think the Hong Kong government may have to auction a lot of land recently, so I want to keep some in my hand. After all, maybe there will be more land in the future." Expensive. So, I want to take a loan of 500 million Hong Kong dollars a year from Hang Seng Bank, I wonder if it is feasible?"

Although Hang Seng Bank has Hang Seng Real Estate, it is bound to be just for fun. It is impossible for the bank's money to be directly connected with the real estate company's finances like Liao Baoshan did.Moreover, Hang Seng Bank also has Hengchang Trading, which is a company that lays golden eggs. Maybe the founder of Hang Seng took the dividends to invest in real estate.

He Shanheng said: "Of course there is no problem! Lin Sheng's reputation is there, and a 500 million loan is definitely feasible!"

Lin Zhichao nodded and said, "That's fine! If you need a mortgage, I'll mortgage the property at No. 9 Zhaolong Street to you. The market value is almost tens of millions."

It doesn't matter, anyway, a mere 500 million can be taken out at any time.

He Shanheng still said seriously: "It is reasonable to say that Lin Sheng's face is more than 500 million loans, but you know, our bank has bank regulations, even if you want to borrow more, it is not a problem."

Lin Zhichao also said: "It should be! Since I am sure that I can afford it, I don't care about mortgages. I just borrowed 500 million. This is our first banking cooperation, and we will lead the way for the future."

"it is good"

In terms of interest, Hang Seng Bank then gave 10%, which is very favorable.

If it comes to next year, the interest on deposits and loans will have to rise, because banks will also start to 'lack of money'.

After Lin Zhichao left, He Tian sighed: "I think back then, when he sold the gold bricks, who would have thought that in less than ten years, his wealth would be enough to buy the gold on the plane that crashed."

Skymaster, worth $1500 million in gold.

He Shanheng said: "Yes! Our Hang Seng veterans all know that Lin Zhichao made his fortune by collecting gold. It was probably a few hundred thousand Hong Kong dollars, and now it has increased to more than a hundred times. It is really a legend."

To this day, although Lin Zhichao's early stage of development is still a mystery, there are more or less rumors.After all, Lin Zhichao's family background, as well as the starting point of Lin Zhichao's career, all confirm that Lin Zhichao made a fortune by getting rich.

The veteran of Hang Seng didn't talk nonsense, he only said it among a few old brothers.

In fact, Lin Zhichao sold less than 30 Hong Kong dollars of gold at the Hang Seng Bank.

Time flies, and it's early October in a blink of an eye.

Lin Zhichao and Hu Zhaoxu came to the Hong Kong Government Auction to participate in the official land auction.

At the same time, property buyers in Hong Kong are all on the move.

After Lin Zhichao activated the real estate, Airship Thai also sold the "off-plan" of a residential building in September, which once again confirmed the enthusiasm of the market.And at this time, the Hong Kong government has launched a land auction, which will undoubtedly bring real estate speculation to a new height.

Walking into the auction house, Liao Baoshan stepped forward to say hello: "Lin Sheng, you are in good spirits. It looks like you are going to show off today!"

Lin Zhichao motioned around with his hands, and then said heartily: "Sheng Liao didn't realize that everyone is in good spirits! It's not just me who is in good spirits, including you, everyone is the same!"

"Haha, that makes sense!"

Afterwards, everyone also greeted each other one after another, and many powerful factions came today:

Liao Baoshan is one of them. He is backed by a bank and can use tens of millions of funds;
Zhang Yujie is one of them, selling counterfeit medicines is worth at least tens of millions;

Ma Jincan, a Chaoshan businessman, is also one of them, and he has Dasheng Bank as a backer;
Airship Tai barely counts as one, and has been tossing real estate for more than a year, especially because he has just received millions of "off-the-plan funds", and his net worth should already be seventy-eight million;
At that time, there were as many as seven or eight real estate businessmen who were worth tens of millions or could use tens of millions; there were also many real estate businessmen who also had millions of dollars, and their strength should not be underestimated.

After all, most of the 12 pieces of land auctioned today are only big enough for one building, and only a few are big enough to build two buildings.

On the contrary, British capital is not a concern because they seldom invest in residential buildings, and they only come out to compete when there is a good commercial land; what's more, the current land price is so high, British capital is not very courageous, and may not dare to compete with crazy ones. Huazi competed.

Li Gaofu and Huang Tinggui also participated in the auction, sitting next to Lin Zhichao.Li Gaofu personally owns the land of a commercial building in Sheung Wan, and the company he partnered with Huang Tinggui also owns three lands, which are worth a lot, and his net worth is already in the tens of millions.

In terms of strength, Li Gaofu is already close to Zhang Yujie, Liao Baoshan and others.

"Are you going to get a piece of land today?" Lin Zhichao smiled.

"Not necessarily. There are so many strong players, so we may not be able to get what we want. We are just here to watch the excitement. When the first real estate under our company is sold, we should be able to compete." Li Gaofu laughed.

Fuhe Real Estate Co., Ltd. is already preparing to sell its first real estate at the end of October. It should be the third "off-plan high-rise sale" in Hong Kong; after all, other people's reactions are slower.

Lin Zhichao nodded, and then focused on the auction.

The auctioneer is British, and there are many British people in small Hong Kong, and their salaries are comparable to those in the UK.For a long time, Britain did not take money directly from Hong Kong, at most it shared some military expenses during World War II. To be honest, it is quite benevolent; in addition, Hong Kong joined the "Ottawa Agreement" in the 30s and enjoyed Tariff preferential agreements are also very beneficial to development.

Of course, it does not mean that Britain is a philanthropist and is so friendly to the colonies; in fact, the United Kingdom was founded on the basis of merchants, so it is natural to "plunder" the colonies through merchants. British merchants enjoy various conveniences in the colonies, and naturally it is easier to obtain profit.

"Dear guests, welcome to today's auction. The first piece of land today is a piece of land located at No. 22 Lai Chi Kok Road, Sham Shui Po. It has an area of ​​1.82 square feet and a plot ratio of 7.8. The starting price is HK$80. The bidding price is not less than 2000 Hong Kong dollars, and the auction begins!"

Mongkok, Yau Ma Tei, and Sham Shui Po are concentrated residential areas, but there are hardly many housing estates, all of which are residential buildings facing the street.In later generations, there are many buildings built in the late 50s in these places, which are still standing after more than 60 years, and the value is tens of millions.

Lin Zhichao is not very interested in this piece of land, which can be built with 150~160 residential units, and the price is more than 350 million Hong Kong dollars.The investment in land plus construction costs is 200 million Hong Kong dollars, and the profit is 200 million, so-so!

Therefore, I was not even interested in asking the price. On the contrary, other real estate developers were very motivated. After all, what the big bosses don’t like is an opportunity; so this piece of land was still very fast. It was called for more than 100 million Hong Kong dollars, and finally it was sold at 115 million. .

Clearly, the buyer still picked up a bargain, with the first lot likely to be the least aggressive.

Sure enough, the land in the back began to become more intense, and the price was generally above 80 Hong Kong dollars per square foot.

Cheung Kong Properties performed the most outstandingly, winning three pieces of land respectively, which are basically the largest and best-located land at this auction; the three pieces of land add up to 10 square feet, and the price is 860 million Hong Kong dollars, not counting The premium is huge.

However, with the frequent holding of such auctions, and the fact that everyone returns funds through the sale of properties, the competition will become fierce.

Lin Zhichao's attention is to quickly grab land at the auction before everyone has grown up; otherwise, next year, Lin Zhichao may have to weigh everyone's strength.

A week later, the auction was held again, and Lin Zhichao also came as scheduled.

However, there was a sudden discordant scene in this auction. Lin Zhichao was competing with everyone for a piece of high-quality land in Tsim Sha Tsui. Although it was not in the core commercial area, two high-quality commercial and residential buildings could definitely be built.

The area of ​​the land is 5.3 square feet, the price has already been shouted at 420 million Hong Kong dollars, and there are four or five competitors. When competing for the price, Chen Detai from Dachang Real Estate suddenly whispered to the airship Tai through the people, and then the two entered Only Chen Detai left to bid.

Afterwards, Chen Detai sent a message to Ma Jincan, and soon Ma Jincan also stopped bidding.

Following this, Chen Detai and Liao Baoshan sent messages again, but unfortunately this time they failed to do so.

It was Lin Zhichao's turn to get the message from Chen Detai, and he already understood that these people were 'eating cakes'.

The so-called 'eating cake boy' means:

For example, the Hong Kong government wants to auction a piece of land. A may bid independently, B may also bid independently, and C may be a partnership of several people.If you have the strength, you will be a sole proprietorship. If you have no strength, you will cooperate with several companies to bid for the price. D has no intention of buying land at all, but he also comes to join in the fun and participate in the bidding.This piece of land can only be bid for 1000 million yuan. People who don't have the 1000 million yuan generally dare not bid, because if they really win the land, it will be very troublesome if they can't pay the money. So some people look for backup, and various friends and relatives call over.

Then this piece of land started bidding. If the ABCD four parties participated in the bidding, when the bidding went from 500 million to 600 million or 700 million, some of them immediately discussed on the spot, "Why don't we return the bid and continue to bid again", So everyone began to compromise. When one party reached 750 million, the others withdrew, and the deal was naturally concluded.

Afterwards, ABCD found a place to sit down and started an internal bidding, and everyone bid; as a result, A's bid reached 900 million, and B was still bidding just now, but CD no longer bid. OK, this land is sold and belongs to A and B.

However, the auction price is 750 million, and now A bids 900 million, and there is a price difference of 150 million; then, the 150 million will be divided equally by ABCD, so ABCD will get more than 30.

Next, it was the turn of the competition between A and B, and the transaction was concluded at A's 950 million Hong Kong dollars; then, the price difference of 50 Hong Kong dollars had to be taken out, and AB and AB both got 25 yuan each.

During the whole process, the big cake is divided into small cakes, you eat one piece, I eat one piece, everyone benefits. A got the land at a discount of 50 yuan, and divided the pie twice.

Of course, sometimes there will be a situation, that is, E and F appear, and they always go to the top, then those who naturally want to get the land will have to pay a high price.

In fact, eating pancakes is good for everyone, so why not do it!

However, today Lin Zhichao and Liao Baoshan both refused to 'Shibingzi', obviously they still have concerns; maybe they will agree in the future, but the two people's thoughts now are - disdain.

They don't have the strength to challenge the two of them yet!

At least, only after everyone has passed the sale of the property can they be qualified to challenge the two of them.

In the end, Lin Zhichao was still determined to win, and won it at a price of 560 million, with an average price exceeding HK$100 per square foot.This price is only the price at the end of the year and the beginning of next year, and he can still accept it.

Afterwards, the major real estate developers tacitly agreed, and they didn't complain about Lin Zhichao and Liao Baoshan's unwillingness to cooperate; after all, Lin Zhichao and Liao Baoshan didn't say that they didn't practice martial arts, it was already a good thing!

And many real estate developers are ready to see the prospects and benefits of "Shibingzi", and are ready to use it in the future.

"Lin Sheng, what do you think about today's incident?" Afterwards, Liao Baoshan approached Lin Zhichao and asked.

He has the backing of a bank and can mobilize more funds than Lin Zhichao. After all, Liao Chongxing Bank can spend 2000 to [-] million no matter what.

Lin Zhichao heard the words and said: "Liao Sheng, I'm afraid it's impossible to be alone all the time. After all, everyone sells unplanned properties, and the funds returned at one time are several million, and then we gather together. I'm afraid it's hard for you and me to stand up. Of course, that's for the future!"

Liao Baoshan nodded. He felt that what Lin Zhichao said was reasonable, so he replied: "It is indeed a matter of the future!"

The two of them tacitly agreed that even if they want to participate in the "Cake Eater", at least they are worthy of being opponents.

Moreover, in Lin Zhichao's view, not only will everyone's strength increase, but the land price will rise to 100 Hong Kong dollars per square foot before he agrees to end the game.And in the second half of next year, he won't even participate in the pancake boy, and will directly withdraw from the auction.

After the two auctions, Changjiang Real Estate has already taken five pieces of land, and the funds can still participate in one auction.

The price of land has risen so fast that he can only participate in three auctions with the 1800 million Hong Kong dollars he raised.

Of course, the funds from the sale of uncompleted properties will be returned soon, and the project can continue. (end of this chapter)