The Birth of the Hong Kong Island Family.

In mid-September, Cheung Kong Industries.

Huang Changhonghui reported: "Boss, the compensation plan of HSBC Bank for the piece of land in North Point purchased by Dalian Real Estate from us is: 20% of the deposit will be confiscated, the land will belong to us, and we will be compensated with 20% of the land price as liquidated damages. "

Lin Zhichao said with a smile: "It's a bit small! If you enter the Bing court, 30% of the land fee will be used as liquidated damages, there should be no problem."

Hearing this compensation plan, Lin Zhichao remembered one thing. In his previous life, Chen Qingsong jointly purchased the Miramar Old Wing (8.8 square feet) at a price of 28 billion Hong Kong dollars. As a result, when Sino-British negotiations happened, Chen Qingsong went bankrupt, and the Miramar Hotel went bankrupt. Take Hongkong Land to court; as a result, Miramar Hotel not only confiscated more than 9 million deposits, but also asked Hongkong Land to pay more than 3 million yuan in compensation.

Generally speaking, the scale of this kind of compensation is: the decrease in the land price is borne by the buyer, which is offset by the deposit plus compensation.

Now the land in North Point has dropped by 50%, so Lin Zhichao said that the compensation is a bit low.

Huang Changhong said seriously: "After all, HSBC considers customers, so it uses its interpersonal relationship as much as possible to reduce customers' losses. There are other real estate properties of Dalian Real Estate that are going to be sold at auction; If part of it is sold, HSBC will lend to Grand United to continue building."

They are all very reasonable solutions!
Lin Zhichao said: "Then agree! It is also very troublesome to enter the Bing court, and it will take a long time."

Huang Changhong nodded and said, "Okay!"

Then, Lin Zhichao added: "If there is a land auction, we will join in the fun. If the price is reasonable, we will buy it as a reserve land."

Huang Changhong smiled and said: "No problem, I will pay attention!"

He has been with the boss for so long, and he still understands the real estate market.The sharp drop this time is due to the imbalance between supply and demand, and the Hong Kong government suddenly imposed restrictions on the sale of uncompleted properties; however, after a few years of silence, the market will pick up again.

Afterwards, Huang Changhong added: "Boss, the Wan Yi Building in Central opened in the first ten days. It is the first commercial building in Hong Kong to install escalators. On the opening day, many people went to "try the early adopters" to take the escalator, because there were too many people coming. , The scene also caused chaos for a while.”

Lin Zhichao heard the words and said with a smile: "This is a good thing, which shows that Hong Kong people accept new things very quickly. The four-story shopping mall (including the basement) of our Crocodile Building also uses escalators. Our Miramar Shopping Center , is even more innovative.”

The owner of Wan Yi Building in Central is owned by a large family in Hong Kong. This family is called "Lao Miannong Family".In the 20s, the family mansion was the Laochang Lobby with an area of ​​3000 square meters. There were as many as 40 workers in the mansion serving the young master and the young lady. Lao Miannong was the eldest son of this old Chinese doctor Lao Zikai.

The real fortune of this family is because Lao Miannon is an agent of 'British American Tobacco' in Hong Kong.It turned out that during World War II, Hong Kong fell, and Lao Miannong’s white colleagues from British American Tobacco were imprisoned in a Japanese concentration camp. Therefore, Lao Miannong bribed the Japanese army with tobacco, so that his colleagues would suffer less pain and live a little easier.

After World War II, in order to repay Lao Miannon, these foreigners of British American Tobacco gave him the exclusive agency rights of British American Tobacco in Hong Kong.The Hong Kong government first levied personal income tax on Hong Kong citizens in 1948. Lao Miannong paid more than 1948 Hong Kong dollars in taxes in 80, which means that Lao Miannong’s personal income in 1948 exceeded 800 Hong Kong dollars. million Hong Kong dollars.

With these earnings, the later generations of the Lao Miannong family owned a total of 5 buildings in Central, worth more than 300 billion Hong Kong dollars, and the annual rent was 30 billion.

There are so many families in Hong Kong that have been rich for more than a century!
Huang Changhong said again: "Boss, who will be invited to the Miramar Hotel's groundbreaking ceremony next month?"

Lin Zhichao said: "This project is of great significance to Hong Kong. I will seriously consider which guests to invite, and I will give you the list later. What is certain is that Ge Lianghong, the governor of Hong Kong, will participate as our heavyweight guest."

Sure enough, Huang Changhong knew that the boss had a good relationship with the Hong Kong government.

"Okay, I'll definitely arrange something more grand!"

"Um"

After Huang Changhong left, Lin Zhichao thought about it.

Taking advantage of this real estate downturn, Cheung Kong will also slowly absorb some land and land, but Lin Zhichao will pay attention to "eat the image"; he will not set a high price in the market, and will not compete maliciously. He will buy suitable land when he has the opportunity.

To do so is of course to give other real estate developers "opportunities", otherwise "big and no friends" will be confirmed on Cheung Kong.Moreover, before 1965, there was no need to have too much reserve land, almost 150 million square feet of residential land was enough.

In short, Lin Zhichao has been conserving his strength.

A week later, Lin Zhichao and Hu Zhaoxu came to the auction house to participate in a private land auction.

Needless to say, the so-called private auction is actually a real estate developer who is on the verge of liquidation and can only take out land and land for auction.

"Lin Sheng, which one do you think owns the land and land today?" Liao Baoshan came up to say hello.

"Sheng Liao, the answer will be revealed as soon as the auctioneer reveals the lot. But Sheng Liao, there are still a lot of warehouses in your West Ring that have not been developed. Why do you want to take the land outside?" Lin Zhichao joked.

He is not worried about having too many competitors. After all, he has formulated a five-year land acquisition plan and does not care about the gains and losses of one city and one pool.

Liao Baoshan heard Lin Zhichao's teasing, and understood that Lin Zhichao didn't come to Xihuan to develop because of his affection; you know, he regards Xihuan as his base camp, and the rest of the real estate developers don't take it seriously. I am only worried that Lin Zhichao will compete with him for territory; only, and only Lin Zhichao has that strength.

He is backed by Liao Chong Hing Bank, backed by a deposit of 7000 to 4000 million Hong Kong dollars, so he is also very proud; and in this wave of real estate opportunities, he also made a huge profit of [-] million Hong Kong dollars.

Although the real estate market is plummeting now, Liao Baoshan is not worried. He has covered the real estate and will sell it when the market improves. Anyway, he has funds to back it up.

"Lin Sheng was joking, I want to buy those warehouses, but others think the price is too low, so I can only see if the market is better, and see if there is any opportunity. But now is a ready-made opportunity. If you win a good real estate, Cover it up, and you will definitely make some money in the future!"

Lin Zhichao said: "Heroes see the same thing, and I think so too!"

While the two were talking, Airship Tai joined in.

Seeing this, Liao Baoshan suggested, "How about we three cake eaters?"

Lin Zhichao was stunned for a moment, thinking that others are so miserable, and still eating cakes, isn't it a bit inhumane.With Lin Zhichao's current status, he doesn't like to overdo things.

Airship Tai took the lead and said: "Liao Sheng, forget it! The land in the market is cheap now, and there are plenty of opportunities to absorb it."

Lin Zhichao also said: "It's really not necessary, the land price is cheap now. Don't worry, Liao Sheng, I won't fight too hard."

Liao Baoshan could only say: "Okay! At the beginning I didn't want to be a cake boy, but they forced me to enter the industry. Now I let them go, and I will fight for justice."

Halo, you are not letting them go, but no one is willing to participate.

In a few years, it's time for you bro to worry about other people eating cakes,

Not far away, Li Kangjie and He Xian looked a little unhappy. They saw people from the auction house gathering together in twos and threes; this was nothing at all, after all, the auction had not started yet, and everyone greeted each other according to the usual practice.

But today, the auction is for four pieces of land owned by Dalian Real Estate. They are very worried that someone will eat their cakes.

Originally, with the help of HSBC, they calculated that they might still earn 700 million in the end, which is the result of the past two years; it is equivalent to spit out a profit of nearly 3000 million, which is quite distressing.

But if someone eats cakes today, it may lose another 200 million profits.

Despite these worries, Li Kangjie and He Xian could not reveal that they are the owners, otherwise, everyone would go on strike and the auction should not be held, and the price might be even lower at that time.

When the auction was about to start, Li Gaofu was also late, so he chose to sit next to Lin Zhichao.

"It's probably Li Kangjie's territory!" Li Gaofu said in a low voice.

"I'll find out later, what's your plan?" Lin Zhichao responded.

Given his relationship with Li Gaofu, it was naturally not about the auction. After all, it was impossible for Li Gaofu to grab the territory with Lin Zhichao.

So Li Gaofu understood in seconds, and said: "I am not very strong, and I have three real estate projects in my hands. I guess I can buy two or three real estate properties. But I have enough time, I will take my time."

Lin Zhichao nodded. Li Gaofu also bought three real estates from the end of last year to this year, so to cover these three real estates, it means that tens of millions of Hong Kong dollars have been frozen; plus the cost of a commercial building needs tens of millions. (22 floors high, with a floor area of ​​25 square feet), so his financial strength is not strong.

Then the auction started, and it was indeed all the land in North Point, so everyone knew that it might be Li Kangjie's Dalian Real Estate that was auctioning the assets.

Fortunately, with Lin Zhichao and Airship Tai here, everyone has no chance to eat cakes.

In the end, the transaction prices of the four land plots are not bad, ranging from 90 to 100 Hong Kong dollars per square foot, which is equivalent to nearly [-]% of the peak price.

After the auction ended, He Xian brought Li Kangjie to Lin Zhichao's side, and said, "Lin Sheng, thank you for listening to your advice!"

Li Kangjie also smiled wryly: "Lin Sheng, you are really good at life, and you have a precise grasp of the timing and context of real estate."

Convinced!
Not awesome anymore!

Lin Zhichao was a little amused. After this incident, the shareholders of Dalian would no longer trust Li Kangjie; and Li Kangjie's little capital would not be able to make waves in real estate in the future, and even bankers would list him as a "reckless" object.

Therefore, he is considered a discount!
As for the other Chen Detai, although he is also on the verge of bankruptcy, it should not be as serious as Dalian Real Estate. Secondly, Chen Detai is a sole proprietorship. Even if he loses a lot this time, he is still a multi-millionaire. A real estate developer with the same reputation as the five tigers.

"Thank you! I also have a lot of real estate that I haven't sold, so I can only hold it in my hands and see if I can get back my money in the future."

Hearing Lin Zhichao's words, Li Kangjie and others did not believe it. After all, if this was the case, Lin Zhichao would not have won the biggest and best of the four sites today.

Regarding the defeated general, Lin Zhichao didn't say much, chatted with He Xian, then turned and left.

Li Kangjie didn't even say a word of thanks, obviously this person's achievements are limited.

Dalian Real Estate was able to recover the biggest loss, and Lin Zhichao's guidance also played a big role.

On the other side, Chen Detai was also instructed by Airship Tai to seek help from HSBC.

In this crisis situation, it is definitely a miracle that HSBC can save Li Kangjie and Chen Detai.

If it were someone else, let alone whether they have the ability to save, it is just a matter of whether they are willing or not!
HSBC Bank also advances the funds first, pays off the final payment of some real estates, and then chooses to auction them at the auction, and the funds from the auction will repay the bank's advances; The bank arranges the loan, does not allow the shutdown, and then sells it.

In short, the truth here is that only HSBC can reduce the biggest loss.

In the evening, Lin Zhichao's father-in-law and mother-in-law came to Lin's house for dinner. Both his wife and younger brother were studying abroad. The couple simply lived in the factory in Tsuen Wan, and only returned to live in a bungalow in the mid-levels for two days on weekends.

During the dinner, Lin Zhichao asked with concern: "Father-in-law, how is the factory market this year?"

Tang Zhongyuan immediately said with interest: "This year's development is relatively good. Many European and American garment merchants come to Hong Kong to place orders. The business of Oriental Garment Factory is growing rapidly. This year, our garment factory employs 3000 people, making it the largest garment factory in Hong Kong. , almost double that of No.2."

The garment market in South Africa is almost monopolized by oriental garment factories.

The foundation of the year was laid firmly, and only now is Dongfang Garment Factory today.

Of course, opportunities come one by one. If you grasp less, then your achievements will definitely be low.Therefore, Tang Zhongyuan is still very powerful in the garment industry.

Lin Zhichao raised his glass, and the two had a toast. Weng and his son-in-law are both close relatives and business partners.

"Is the price of European and American orders kept low?"

Tang Zhongyuan nodded and said, "Yes! I'm not afraid of the low price. Anyway, Hong Kong's advantage is cheap labor. This year, tens of thousands of cheap labor has been brought in from the mainland. Moreover, Hong Kong is cheaper because of European and American sanctions on Japanese textiles and garments. Therefore, the price Low cost is the biggest advantage in attracting European and American manufacturers. However, the added value of the garment industry is still higher than that of the textile industry. This year, the profit of Dongfang Garment Factory may exceed 800 million Hong Kong dollars!"

The profit of a piece of clothing may only be 2~5 Hong Kong dollars, and the profit is indeed pitifully low.Clothing manufacturers in Europe and the United States are not stupid. Seeing that there are so many garment factories in Hong Kong, it is strange to keep prices down.

Dongfang Garment Factory always placed cheap orders, including OEM 'doll clothes' for Changjiang Toy Factory, and the price was even lower;

To put it bluntly, Dongfang Garment Factory was given to him by his son-in-law; Dongfang Group has developed to the present, and its ready-made garments are the well-deserved hegemony in Hong Kong, but the textile has dropped to 4~5, and there are orders from the Yangtze River Zipper Factory.

Of course, Changjiang Zipper Factory's textile fabrics are not all purchased from Dongfang Textile Factory, but are based on the advantages of quality and price.After all, today's Tang Zhongyuan no longer needs Lin Zhichao to take care of him.

"The textile group whose comprehensive strength can make a profit of 1000 million Hong Kong dollars is none other than my father-in-law!" Lin Zhichao flattered him.

Although the Eastern Group should have earned about 300 million from the Yangtze River Industry Group, but even so, the profit is very exaggerated.

In the textile and garment industry, the added value is actually very low. In the 60s, a profit of 1000 million a year was the standard for large enterprises, not to mention, it is only 1957 now.

Taking advantage of this opportunity, Tang Zhongyuan said, "Zhichao, can you give me some advice on the real estate industry?"

Lin Zhichao was a little surprised. You must know that Tang Zhongyuan is devoted to the textile and garment industry!

"Father-in-law wants to enter the real estate?"

Tang Zhongyuan immediately said: "Not exactly, after all, real estate is done by you people from Guangdong Province!"

Lin Zhichao smiled and said: "You are my father-in-law, with my support, who will target you!"

Attitude is very important, it is related to the harmony of the family.

Tang Zhongyuan was very comfortable, this son-in-law was really found, and the two daughters married well.

But he still insisted: "I don't want to enter the real estate industry. I see that Hong Kong's industry is getting more and more developed, and I think that if the 'tiered rental' is applied to this, there will be good and stable income. It just so happens that I Inspired by your eight-story industrial building of Changjiang Industry, and now that the real estate market is at a low ebb again, I want to try to invest in industrial buildings and rent them out in layers!"

Unexpectedly, Tang Zhongyuan still had such foresight. Isn't this the idea of ​​Li Jiacheng's previous life, to invest in two industrial buildings to collect rent first, and then buy the bottom six or seven years later.

"Father-in-law's idea is very good! In fact, I also plan to invest in industrial buildings. Generally, it can be built with a height of [-] floors, and then divided into factories of different areas for rent. The income is stable. In this way, you can pay attention to the market, start with the land, and then let My construction company designs and builds for you."

Tang Zhongyuan nodded happily, and said: "Okay!" Then he said excitedly: "Actually, although you are my son-in-law, communicating with you allows me to learn some investment ideas from you. For example, investing in industrial plants this time, It was also inspired by your 'investment philosophy - don't put eggs in one basket', and you like to invest in real estate, so I think I should also diversify my investment."

At this time, Song Qiaoling said with a smile: "Why, you still want to bring out the fact that Zhichao is your son-in-law. Do you feel a little embarrassed to learn from Zhichao's business? You know, there is no one who follows Zhichao who does not make a fortune."

Tang Zhongyuan smiled helplessly!This wife just likes this son-in-law very much, even more than her own son. There is no way, who told Lin Zhichao to marry two daughters, Tang Caiyun and Xu Caiying!
A son-in-law is half a son, two sons-in-law are equal to one son!

Lin Zhichao immediately relieved Tang Zhongyuan, saying: "Father-in-law took the initiative to invest in industrial buildings this time, it is indeed very powerful. There are so many large textile and garment enterprises in Hong Kong, and only father-in-law can be thought of. Of course, father-in-law can step by step and take out idle funds. , to invest in industrial buildings.”

Tang Zhongyuan said: "It's natural, invest in an industrial building first, and then invest in the second industrial building when you have funds."

Lin Zhichao nodded. Needless to say, Tang Zhongyuan is also an industrialist and knows where to invest in industrial buildings.

That night, after receiving Lin Zhichao's affirmation, Tang Zhongyuan was half drunk, and Lin Zhichao arranged for the two to stay overnight.

In Lin Zhichao's heart, even if Tang Zhongyuan didn't mention investing in real estate, he would still persuade him to invest in real estate in the mid-60s.

It doesn't matter if it's earlier now. (end of this chapter)