The Birth of the Hong Kong Island Family.

The working capital of Changjiang Industrial Group is 6200 million Hong Kong dollars, the working capital of Global Shipping is 2.5 million Hong Kong dollars, and the cash and receivables of Cheung Kong Industrial are 9200 million Hong Kong dollars. At the beginning of the new year, Lin Zhichao was very excited after checking the accounts of various companies.

Before he knew it, he had become the richest man in Asia.

Many of the funds of Global Shipping are stored in Japanese banks, and they are in Japanese yen accounts. Because this wave of chartering ships to Japan, Lin Zhichao received all of them in Japanese yen, and both parties are happy.

These funds stayed in Japan, which was naturally needed to build ships in Japan in another two years; at the same time, the funds from Europe and the United States were directly remitted to the HSBC bank account in Hong Kong.

During the period from July 1956 to July 7, Global Shipping is expected to generate a profit of around 1959 million US dollars; Lin Zhichao is not going to embezzle these funds, or a small amount of embezzlement will be left in the shipbuilding business from 7 to 2.6. Of course, a small number of ships may be built in these two years, and everything depends on the actual situation.

The cash flow of the Yangtze River Industries Group can be extracted and embezzled, and it can be invested in suitable projects.

As for Cheung Kong’s capital, we have to add the house sale price in the first quarter of this year, which is estimated to be 1.2 million (including the return of land funds, and the profit should be in the early 1 million); these funds will be used for commercial real estate projects and real estate projects.

This wave of real estate has also created many multi-millionaires.At the beginning, real estate companies (about ten) with assets exceeding tens of millions will earn tens of millions, or even tens of millions; and some millionaires will also be upgraded to multi-millionaires.

Take Liao Baoshan as an example. It is estimated that her net worth is more than 4000 million yuan, because no one is robbing him of the land in Xihuan.

And Huo Yingdong was robbed of many projects by Lin Zhichao. Although he worked hard to find new projects, it is estimated that he earned more than 1000 million and his net worth reached about 2000 million.

Needless to say, the Zhang Yujie family, without the Paterson Street project, will lose at least 2000 to [-]% of their strength in the future; however, the Zhang Yujie family may have earned as much as [-] million in Western medicine back then. After the war, they bought some land and old buildings, and sold several real estate in the past year. Their strength cannot be underestimated.

"Boss, what is your reference price for Jinhua Building in North Point?" Hu Zhaoxu walked into Lin Zhichao's office and asked.

So far, Lin Zhichao has personally participated in the planning, drawing, construction, sales and other links of each real estate; therefore, he still sets the price according to the market.

Lin Zhichao asked, "What's the situation in the surrounding market?"

Hu Zhaoxu immediately said: "The average price is 45-50 Hong Kong dollars per square foot!"

The increase in property prices is indeed full, mainly due to the lack of purchasing power in Hong Kong. At present, a unit in the urban areas of Hong Kong and Kowloon is only 3 to 5 Hong Kong dollars.It is estimated that in the early 60s, it should be able to rise to more than 50 Hong Kong dollars per square foot.By 1965, property prices in the urban areas of Hong Kong and Kowloon should have reached 60-80 Hong Kong dollars per square foot.

After thinking about it, Lin Zhichao said: "We will sell it at a price of 40~45 Hong Kong dollars, and then we will hold a lottery to give away air conditioners. The chance of winning is [-] to [-]."

Hu Zhaoxu was a little surprised and said: "An air-conditioner is almost worth 4000 Hong Kong dollars on the market, and we even gave it a [-]% discount!"

Lin Zhichao said with a smile: "The consideration of real estate is the quick return of funds, as well as reputation and word of mouth. And now the market has been greatly exaggerated by real estate developers, and the purchasing power has already appeared insufficient."

Hu Zhaoxu understood what the boss meant. At present, the major real estate developers are still crazy, but they can't calmly understand that the market is already oversupplied.

Originally, he couldn't understand it either, but following the boss's side, he could understand it naturally.

He said: "Well, it is said that there were 1.5 to 2 residential units supplied in Hong Kong last year, and the supply this year may be even more."

In Hong Kong in 1956, there should have been 1900 buildings completed. Of course, these buildings were not all residential buildings. Most of them were tenement buildings, mostly with two or three floors.In Hong Kong in 1955, less than 1000 buildings were completed, which shows that the real estate industry is booming.

This year (1957) it is estimated that more than 2000 buildings will be completed, which will directly result in 1.7 to 2.5 residential units being vacant in the market.

"Regardless of that, we sold out four real estate projects in the first quarter, so we will temporarily slow down."

"Ok."

In an office building in North Point.

Several shareholders of Dalian Real Estate Company were talking in the office.The leader Li Kangjie, the financial guarantee He Xian, and other Hong Kong and Macau businessmen all have one characteristic, that is, they have participated in the smuggling of the "Peninsula Campaign".

After more than a year of development, this company has made a lot of profits, and all shareholders also recognize Li Kangjie as the "King of the North Point".

Even the outsiders regard Li Kangjie as the "overlord" like Liu Baoshan. Liao Baoshan dominates in Xihuan, and Li Kangjie calls the wind and rain in North Point.

Li Kangjie handed everyone a newspaper and said, "The unit price of this Changjiang Real Estate site in North Point is only 40~45 Hong Kong dollars. Is Lin Zhichao out of his mind to sell it so cheap?"

He Xian suddenly became interested, picked up the newspaper and read it.

He only has 20% of the shares in United, but he is more concerned about it, because he is the 'King of Omen', but he can intervene in Hong Kong's business, which is a good start.After all, how old is Omen?

"It's really a lot cheaper!"

Everyone read the newspaper one after another, then frowned.

Someone said: "Li Sheng, didn't you say that North Point is our territory, and not a single fly can fly in!"

Li Kangjie said domineeringly: "Cheung Kong Real Estate purchased the land early! If it were now, they would not be afraid of him in North Point."

Everyone smiled. Last year, Dalian made more than 2000 million yuan. This speed of making money really turned into a money printing machine.

He Xian frowned and asked, "How is the real estate market in Hong Kong now?"

Li Kangjie said confidently: "He Sheng, you can rest assured! Hong Kong's industry is advancing by leaps and bounds now, creating a large number of big and small bosses. After these people have money, they like to buy properties, and buyers of ten sets are everywhere."

He Xian immediately raised his eyebrows. Although he only has 20% of the shares, he is the guarantee for every loan now, and Hang Seng Bank only recognizes him.

Afterwards, He Xian said: "Now the land is a bit expensive, almost 160 Hong Kong dollars per square foot, and the land cost of a small real estate (one building) costs 400 million Hong Kong dollars."

Li Kangjie said indifferently: "The land price is expensive, which means that the market is good. The land fee plus the construction cost is 500 million, then it can be sold for more than 800 million, and a site project can be completed in more than a year. How good is this account?"

Everyone smiled, no doubt.

Land prices are rising, and housing prices are also rising. Although property prices grow slowly, it takes less than two years for a real estate project to be completed.

Afterwards, Li Kangjie said: "Recently, I talked about two pieces of land in the north corner, which can fully build three buildings."

Everyone is excited, everyone's idea is very simple, this year we will continue to conquer cities and build more projects.

Surpassing Cheung Kong Properties and Liao Chong Hing Properties to become the leading real estate company in Hong Kong!

As for Changjiang Real Estate's price cuts, they quickly waved their minds, just like when someone shouted caution during a bull market, they would be considered fools.

In mid-January, Lin Zhichao got the first month of being close to the water, and learned that the owner of No. 77 Deep Water Bay intended to sell it at a high price, so he introduced it to his father-in-law Tang Zhongyuan.

On this day, Lin Zhichao took Tang Zhongyuan and Song Qiaoling to inspect the house at No. 77, Deep Water Bay. The owners were also a couple of British military officers.

After looking at the house, Tang Zhongyuan also said with rare pride: "Mr. Henry, our husband and wife value this house of yours, please ask for a price?"

Henry is a senior British military officer stationed in Hong Kong. When he saw that Lin Zhichao had built No. 79 Deep Water Bay into a luxurious villa, his first thought was to take the opportunity to cash out at a high price.After all, his term of office is coming soon, so he can sell this house and make a lot of money in the hands of the Chinese.If it is passed on to the next successor, the price will be difficult to fit.

Because he also bought a western-style building after two years in office, mainly to accommodate his wife and children.

"80 Hong Kong dollars! I know that Mr. Lin is the wealthiest person in Hong Kong. He likes the place Deep Water Bay. In the words of your Chinese, it has very good Fengshui. So, I want 80 yuan, and I will transfer it to you."

Lin Zhichao was dumbfounded. He didn't expect that with his moving in, the price of the bungalows in Deep Water Bay had been raised.

Moreover, this British guy is quite well-versed in wind and water, no, it should be a celebrity effect.

As everyone knows, even if Henry doesn't know Feng Shui, he only needs to look at the luxury of the reconstruction of Deep Water Bay No. 79 to know that the price of bungalows here can increase.

Tang Zhongyuan didn't talk nonsense, and said: "Yes! You are right, the Feng Shui here is very good."

The two sides quickly reached a deal, and later formally signed the contract through the lawyer's office.

Afterwards, Lin Zhichao invited Tang Zhongyuan and his wife to sit in the villa.

"How much money did my father-in-law earn last year, why is he so generous today?" Lin Zhichao also took the opportunity to joke.

Although Tang Zhongyuan's Dongfang Group made money, he has always continued to invest the funds. For example, he spent huge sums of money to buy a surrounding 10 square feet of land (400 million Hong Kong dollars), and expanded the factory's floor area to 33 square feet in one fell swoop.Building a factory requires money, and updating equipment requires money, so the asset value of Dongfang Group is estimated to be more than 2500 million Hong Kong dollars.

The size of Dongfang Group has surpassed other Shanghai-registered companies, and Tang Zhongyuan has also become the largest textile and garment factory in Shanghai.Of course, in terms of textiles only, Tang Zhongyuan's enterprises can only squeeze into the top five; however, the most important asset of the Oriental Group is the Oriental Garment Factory, which is indeed the largest garment factory in Hong Kong.

Dongfang Garment Factory is also the largest garment factory if you don't count the "plastic doll's clothes" as an OEM. Its products have occupied the South African market and entered the British market.

Tang Zhongyuan signaled Lin Zhichao to look at your mother-in-law, Lin Zhichao suddenly realized, and said with a smile: "It turns out that the mother-in-law valued it. If I knew this, I should buy it directly and give it to you!"

The relationship between everyone is very good, and Lin Zhichao's words are not joking, but very sincere.

Song Qiaoling immediately said with satisfaction: "Your father-in-law can make money, so of course he won't spend your money."

Tang Zhongyuan immediately benefited and said: "Last year, it did earn more than 800 million Hong Kong dollars, and the profit from garments has exceeded 500 million Hong Kong dollars."

To be able to make such a profit in this era is already very exaggerated. Of course, it must be admitted that the Eastern Group also earns more than 300 million from the Yangtze River Industry Group every year.Although Tang Zhongyuan took the initiative to keep the price very low, he couldn't stand the zipper and needed a lot of orders for dolls.

Even so, the companies with an annual profit of 500 million are probably only the top three textile companies.

As for the garment industry, there are only a handful of companies that can make millions of dollars. Hong Kong's garment industry has not yet opened up markets in Europe and the United States. It can only be said that some companies have already entered, and it is expected to develop rapidly in the future.

Back at No. 79 of Deep Water Bay, the Tang couple visited the villa carefully again, thinking about how to plan their reconstruction of No. 77.

"Zhichao, how much is the construction cost of your villa?" Tang Zhongyuan asked.

"The whole cost is almost 390 million Hong Kong dollars. Don't worry, father-in-law, the expenses can be divided into several years, and 100 million a year is enough." Lin Zhichao knew Tang Zhongyuan's thoughts, so he took the initiative to say.

"Okay, we'll rebuild it after we buy it."

Villa No. 77 in Deep Water Bay belonged to Bao Yugang in his previous life, and Lin Zhichao felt that there was no problem with Feng Shui.Although it is said that Bao Yugang has four daughters, the youngest daughter was actually born in the mainland, and Tang Zhongyuan already has two sons.

Therefore, there is no problem for Weng and his son-in-law to be neighbors.

If given the opportunity, Lin Zhichao also intends to buy No. 80 Deep Water Bay as a future spare residence.There are also Repulse Bay, Shek O, and The Peak. In short, you have to buy slowly.

He has many children, and in the future, each of them will set up a garden-style detached villa.

No. 80 Deep Water Bay and No. 1 Repulse Bay. As long as these villas were purchased before 1967, the increase will be more than a thousand times, so they are also an investment. (end of this chapter)