The Birth of the Hong Kong Island Family.

Chapter 240 [Cutting leeks and taking care of them]

"Boss, Mo Sheng is here!"

"welcome"

The clerk brought a man to Lin Zhichao's office, about 50 years old, wearing a pair of glasses, he was a gentle little old man.

Lin Zhichao got up, came to Mo Yingji's side, stretched out his right hand and said enthusiastically: "Mo Sheng, I have long admired your name!"

"Lin Sheng, I am the one who has admired your name for a long time. It is a great honor to know you!"

As expected of a stockbroker, Mo Yingji has a very humble and enthusiastic attitude. He is an 'old stick' in the social circle at first glance, and he is good at handling various interpersonal relationships and entertainment.

At this point, Hu Zhaoxu can only be regarded as a junior, not enough for Mo Yingji to have the momentum to retract freely.

Lin Zhichao invited Mo Yingji to sit down on the sofa, and when the clerk arranged tea, he asked the clerk to let Zhou Fuzhao come to the office.

"Mo Sheng has been in the stock market for more than 20 years, and he is also the Queen's broker of HSBC Bank. You must have guessed the reason why I invited you here, right?"

Mo Yingji was overjoyed, and immediately said: "If Lin Sheng has any orders, that's my honor! I don't dare to say anything else, but in the stock market, I should be able to work for Lin Sheng."

Lin Zhichao laughed "haha" and said, "Mo Sheng, you are a refreshing person!"

After a while, Zhou Fuzhao also came to the office and sat on the sofa to accompany the guests.

Mo Yingji is the third generation of the "Mo family" in Hong Kong, and this Mo family has been wealthy for a hundred years.

As early as 1860, Mo Shiyang, the first generation of the Mo family, moved from Guangdong to Hong Kong to run the construction industry and do grocery trading business. He also bought the land around Lyndhurst Street on Hong Kong Island and built dozens of houses.

Because Mo Shiyang has a wide range of people and has contacts with many foreign firms, Swire & Co., which wanted to develop in Hong Kong, strongly invited Mo Shiyang to be the chief comprador of Swire in 1870 through a middleman.Mo Shiyang, who does not understand English, does business through interpretation. He can charge Swire 5.00% commission for each transaction; and the Chinese who trade will also give rebates, which makes him a huge profit.

In 1879, Mo Shiyang passed away, and his son Mo Zaoquan succeeded as the chief comprador of Swire.Because of the trust of Swire, Mo Zaoquan even arranged for other Mo family brothers to work as compradors in Swire branches such as Guangdong Province and Shanghai Stock Exchange. Relatives, friends, nephews, and in-laws from the same village also worked in Swire one after another. The Mo family has a total of [-] people. Many family members and folks joined Taikoo. At that time, the outside world jokingly called Taikoo Yang as "Mo's Family Ancestral Hall".

In 1917, Mo Zaoquan died of illness, and the post of chief comprador was handed over to his eldest son Mo Gansheng.During Mo Gansheng's tenure, he made a huge profit of 700 to 100 million yuan by hoarding fried Taikoo sugar, and spent 25 million to buy a land of more than 1931 square feet near the top of the mountain on Connaught Road to build the most luxurious British palace-style villa in Hong Kong at that time , which aroused the suspicion of Brown, the manager of Swire Pacific, and sent someone to check his accounts. Finally, the Mo family paid a fine of 1000 Hong Kong dollars to end the matter.Since then, the two sides began to have a rift, so in [-], Mo Gansheng resigned as a comprador. During his ten years in office, he had accumulated an astonishing wealth of [-] million yuan.

After three generations of development, the Mo family has already flourished and become a huge family. It used to be as famous as the "Ho Tung Family" of the comprador family of Jardine Harmony.And its descendants have developed in many aspects, and they have already become a 'family'.

In the third generation, Mo Gansheng is a "gentry businessman", and his younger brothers Mo Yingling and Mo Yingji are practicing barristers and senior stock brokers respectively.

Especially the barrister Mo Yingling, who supported the Mainland in the early 50s and helped workers 'fight for their interests', was finally 'gifted' by the British Hong Kong government and ended up living in the Mainland.In the 20s, Mo Yingling, as a lawyer, rescued Nantian Wang and the officers and soldiers of the national army who were detained in Cheung Chau, Hong Kong. It can be said that he loved the country and Hong Kong all his life.

"Mo Sheng, I'm looking for you this time because I want to hire you to be our stockbroker of Changjiang Real Estate!" After chatting for a while, Lin Zhichao formally explained his intention.

To buy stocks in this era, you can only go through stock brokers.

Mo Yingji was naturally happy, after all, he got a big client, and immediately said: "No problem! Is Lin Sheng investing in the name of the company?"

Lin Zhichao nodded and said: "Yes. Changjiang Properties has some idle funds. I plan to buy some stocks and make a small profit. Hong Kong's economy is in a good situation. After we have studied it, we want to entrust Mo Sheng bought it for us, intending to make a long-term investment plan."

Hearing that it is a long-term investment, Mo Yingji has no regrets. Although the number of commissions received is small, he thinks that the funds should be in the millions; the important thing is the personal relationship. It was an important relationship for him as a stockbroker.

"Well, no problem! How much does Lin Sheng plan to invest? Which stocks to invest in?"

At this time, Zhou Fuzhao took out a piece of paper, handed it to Mo Yingji and said, "Mo Sheng, these are some stocks we are optimistic about, how about you take a look first?"

Mo Yingji took it and looked at it seriously.

"HSBC, Hong Kong Electric, CLP Power, Kowloon Godown, Hong Kong Tramways, Watsons, Hong Kong Hotel, Landmark... are all well-developed stocks among British capital. Lin Sheng is also optimistic about Hong Kong's economy in the next few years, then These stocks will go up!" Mo Yingji said seriously.

In his opinion, Lin Zhichao, as a business tycoon and a legendary businessman, is optimistic about Hong Kong's economy in the next few years. Correspondingly, these high-quality British stocks will definitely be popular in the market, and there is nothing wrong with investing in them.

Then, Mo Yingji asked: "How much does Changjiang Properties plan to invest?"

Lin Zhichao smiled and said: "How about 1000 million? I have a premise, that is, when buying, the impact should not be too large, and the impact should be minimized. It can be divided into one or two months to buy. Anyway, I am also a long-term investment. I don't care if it goes up or down."

Looking at Lin Zhichao's calm expression, Mo Yingji couldn't help but feel a huge wave in his heart. With this calmness, could he be an expert in the stock market.Immediately, he thought that Lin Zhichao might have a lot of money, and a mere 1000 million was nothing.

But no matter what, Lin Zhichao's superior style touched Mo Yingji a lot.Let him start to analyze Lin Zhichao's investment methods in his heart, so he can take the opportunity to learn.

"Then let's keep in touch at any time, and communicate in time if there is any situation, is that okay?"

"Okay, I'll ask Manager Zhou to contact you on a regular basis. He is in charge of the company's work. Of course, if Mo Sheng treats you that day, you can contact me, haha!"

Mo Yingji said with a smile: "That's the deal, Lin Sheng can't refuse when the time comes, haha!"

He is naturally willing to establish a good relationship with a business tycoon like Lin Zhichao, not to mention treating guests to dinner, even gifts during the New Year and holidays.

If ordinary people entrust him to buy and sell stocks, it is someone else who invites him.

After chatting for a while, Mo Yingji got up to say goodbye, and Lin Zhichao sent him to the door, and then asked Zhou Fuzhao to see him off, which was considered very polite.

After returning to his office, Lin Zhichao couldn't help showing a smile.

Like Mo Yingji, a big stockbroker like Mo Yingji, even Li Jiacheng relied heavily on others in his previous life from the beginning.

But Lin Zhichao does not count on him, everyone just cooperates normally.The reason is very simple. Lin Zhichao does not speculate in short-term stocks;

The important thing is that six or seven years ago, Lin Zhichao could only speculate in small stocks.

At the same time, Lin Zhichao thought about the future organization of Cheung Kong.

His thoughts are:
Establish a 'Cheung Kong Industrial Holdings Company', which holds the holdings of 'Cheung Kong Industrial' and 'Cheung Kong Property', 'Uniqlo', 'Doll Noodles' and other companies.

Among them, "Cheung Kong Industrial" will be listed in 1972 and changed to "Cheung Kong Industrial Group". Its assets include: it is estimated that there are about 20 development properties, and a small part of reserve land, Uniqlo, and doll noodles.

Among them, "Changjiang Real Estate" does not need to be listed, and its assets are mainly commercial real estate projects, including: office buildings, shopping centers, hotels, and even most of the reserve land.

In this way, when Cheung Kong goes public, its asset value only needs to be "the leader of Huazi real estate", but it is not very huge.The hundreds of millions of funds raised after listing can buy the land of Changjiang Real Estate at a high price, killing two birds with one stone.

The reason why Lin Zhichao wants to list a "signature company" is because - businessmen who don't know how to use the stock market are fools.

Leek's money is so easy to make, how can there be no reason not to make it!

Moreover, the Lin family also needs influence, so there must be a 'signature listed company'.

Lin Zhichao and Tang Zhongyuan came to the site at No. 661 King's Road, North Point.

This site is only three or four buildings away from the North Point funeral parlor, and the north side is a land reclamation site; there are several arcade buildings on the site, and the site area is about [-] square feet.

"Father-in-law, where did you buy this land?" Lin Zhichao asked curiously.

He suspected that this piece of land was the North Point Industrial Building of Li Jiacheng in his previous life, which was later known as Millennium Plaza. He claimed that he would not sell the property under any circumstances.Because this piece of land was Li Jiacheng's first industrial building in his previous life, and it was also the beginning of entering the real estate industry, which is of extraordinary significance.

Today, Li Jiacheng naturally does not have the strength to enter the real estate industry at this time. It would be good if his Changhe Plastic Factory made a profit of 50 Hong Kong dollars last year.

Therefore, if Li Jiacheng entered the real estate industry, Lin Zhichao guessed that it might be after six or seven years, which happened to be a bargain hunting.At that time, he should also have about 500 million assets in his hands, buying real estate at the bottom.In this way, it may even miss the listing in 1972. Even if it was listed in that year, the fundraising strength was only 3000 to [-] million.

Tang Zhongyuan said happily: "I bought it from Wang Kuancheng!"

Lin Zhichao nodded and said, "I've heard of this before. He was the land king of North Point back then. It is said that there were a lot of land in North Point at that time, and dozens of buildings were built. Unexpectedly, the land is being sold instead of being developed."

Wang Kuancheng is the chairman of the Chinese General Chamber of Commerce. He donated planes to the mainland during the Peninsular War. He is a veritable "red-top businessman".His two actions in the 40s can be said to be a style of the Rothschild family:
The first move: to buy the Hong Kong dollars issued by HSBC during the Japanese occupation period. At that time, everyone thought that HSBC would not recognize these Hong Kong dollars after the war because they were issued under the coercion of the Japanese army.However, Wang Kuancheng learned from a conversation with a friend of HSBC that HSBC puts the most emphasis on credit, so the [-] million Hong Kong dollars that were forced to issue will be recognized.Because of this, Wang Kuancheng, Zhou Xinian and others bought Hong Kong dollars of ordinary citizens wantonly in the market, thus making a lot of money.

The second move: after the war, Wang Kuancheng bought land in North Point, cheap to 7~8 Hong Kong dollars per square foot, and it soared to [-] or [-] Hong Kong dollars every few years. He built dozens of high-rise buildings (four or five floors) .Relying on rent collection, he has a lot of money.

Of course, with Wang Kuancheng's current status, it will definitely be inconvenient to do business in Hong Kong, and the current real estate industry is dominated by Cantonese businessmen, so there is no Wang Kuancheng in this wave of real estate.

Tang Zhongyuan nodded and said: "He has been selling land in North Point for several years. This time I bought this land with a total area of ​​2.3 square feet. He asked for 180 million, and I paid back 20. Finally, the deal was sold for 160 million Hong Kong dollars. .”

The price is about the same!
Lin Zhichao immediately gave his father-in-law a plan, saying: "This land can be used to build a 12-story industrial building, each floor has a floor area of ​​about 1.5 square feet, and a floor area of ​​about 18 to 20 square feet. If you decide to rebuild , then hurry up and do it for you in 12 months!"

Tang Zhongyuan immediately said happily: "Okay, I'll listen to you, you are an expert in real estate!"

Lin Zhichao nodded and explained: "The construction of industrial buildings can be rented out stably, which is very suitable for your father-in-law's stable investment. After all, you are now focusing on industry. In recent years, you have invested in several industrial buildings, and you can move forward and backward freely. Advance, in the future These buildings can be an opportunity for you to enter real estate; when you retire, these buildings can generate stable income, and can also be converted into commercial buildings in the future.”

Tang Zhongyuan heard his son-in-law say this, not to mention how excited he was, who would not want to diversify investment!

But it is difficult for a non-Cantonese real estate developer to squeeze in because you are not familiar with the market.Now, he has a good son-in-law, so that he can tentatively invest in some real estate rental projects.

"Well, it makes sense! I think industrial buildings have a future. Hong Kong's industry is developing rapidly, especially some small factories are growing very fast, and they need factory buildings to be rented out in layers. The market is so strong, so I am very optimistic about the factory rental market."

For a long time, industrial factories in Hong Kong were very popular, at least until 1978.

If Tang Zhongyuan enters real estate in the future, he will have no problem becoming a medium-sized real estate developer.

For the site at No. 661 King's Road, the site fee plus construction fee is estimated to cost 280 million Hong Kong dollars.For Tang Zhongyuan, it was not a big bet.

Back at Changjiang Industrial, Lin Zhichao explained to his subordinates that Tang Zhongyuan didn't need to worry about developing an industrial plant for his father-in-law.

After a while, Lin Zhichao's second uncle Lin Yunchu also found him.

"Zhichao, I found a 2-square-foot piece of land for sale in Kwun Tong. The owner's asking price is 125 million Hong Kong dollars. What do you think of building a factory building there?"

Lin Yunchu had a look of hope on his face. Over the past three years, he has accumulated a wealth of 300 million yuan by opening wig factories and plastic factories. Although he became rich suddenly, Lin Yunchu did not waste money. A tenement building is used as a rent-collecting investment.

This is because his own nephew advised him to invest in industrial plant buildings, and he firmly believed in it.Therefore, keep saving money and dare not spend it recklessly.

Lin Zhichao said with a smile: "Kwun Tong is also very good. It is an industrial area in Kowloon. The unit price is just over HK$60 per square foot, which is not expensive. If it weren't for the current real estate slump, this price would not be available. How about it, I will arrange someone to help You follow the procedures, and then build an industrial building for you, and you can rent out a factory area of ​​10,000+ square feet."

Lin Yunchu breathed a sigh of relief. With this industrial plant, he can also 'diversify' investment in the future.

Later, Lin Yunchu and Lin Zhichao chatted in the office.

Before he knew it, Lin Zhichao also paid more attention to Lin Yunchu, his second uncle, because they were related by blood after all.

"Second uncle, the total investment of this factory is less than 250 million, and it will bring you stable rental income every year in the future, just like a family heirloom."

"Well, I know, so I have always attached great importance to it, and I dare not spend money indiscriminately."

Then, Lin Yunchu took the initiative to speak: "Zhichao, two emerging industries such as plastic flowers and wigs, he has a vigorous cycle, right?"

Lin Zhichao said with a smile: "There must be a cycle, but there is no need to worry about it in the short term. Did the second uncle say that he has considered other investments?"

Lin Yunchu shook his head and said, "That's not true, but I plan to take advantage of the low housing prices and plan to buy another tenement building."

At present, most of the tenement buildings and arcade buildings in Hong Kong are also tenement buildings, and even thousands of tenement buildings and arcade buildings are rebuilt every year.

After all, one tenement building cannot build a residential building, but several tenement buildings need to be built together to have enough land to build a building.

Because of this, even 50 years later, Hong Kong will still have many six-seven-storey buildings, because where the "plot ratio" is, it is not how high you want to build.

"You can figure it out! As long as you don't go into debt, you can buy whatever you want. Do you think it makes sense?" Lin Zhichao laughed.

Lin Yunchu suddenly realized, and said, "It makes sense!"

What the nephew meant was that as long as there was no debt, the house would still be valuable even if it depreciated.

At the same time, he still has to continue to develop in industry, which is the right way.

After chatting for a while, Lin Yunchu said goodbye.

Sitting in the office, Lin Zhichao also thought about the second uncle, because he is close to the second uncle, although he is not as good as Tang Zhongyuan, but Lin Zhichao will always take care of him.

However, the care is limited. After the industrial building is completed this time, it is considered that it has done its best.

What's more, Lin Yunchu's two factories have an annual profit of 80 to 100 million Hong Kong dollars, which is enough for his descendants to be rich.

His first cousin, whose academic performance was not good, was also sent by Lin Yunchu to study in a university overseas, so that he could be gilded.In another two years, he will be able to come back to help Lin Yunchu.

Of course, Lin Zhichao and Lin Yunchu's family are not very close.

(End of this chapter)