The Birth of the Hong Kong Island Family.

Chapter 273 [Just call me Ah Cheng]

In early June, Typhoon Marie struck, killing and injuring more than 1.5 people in Hong Kong and affecting [-] people.The typhoon was classified as a 'hurricane' by Hong Kong meteorological officials.

After the typhoon, it is natural to resume production quickly. Lin Zhichao immediately inspected the industries of his subsidiaries, and overall the impact was not significant.

Almost all the affected areas are poor places, such as the New Territories.The reality is that the poorer you are, the more things will find you.Casualties also come from the poor. After all, the houses they live in are not secure, and the poorer they are, the more they will work against the wind.

Cheung Kong's office.

Huang Changhonghui reported: "Boss, it has been arranged. In about a week, all the sites under the banner can resume normal construction."

Lin Zhichao added: "Well, the bamboo scaffolding needs to be inspected, and no hidden dangers will be left."

Huang Changhong said seriously: "Yes, I have told the project leaders, Manager Li and Manager Lu are on site to inspect."

Lin Zhichao felt relieved, after all, his subordinates were all capable, so he didn't need to worry too much.

At present, the Crocodile Shirt Building has been affiliated to Uniqlo Clothing Company; and Cheung Kong has only completed commercial projects - Yingzhi Building, Xingdao Daimaru Department Store Building, and the first-floor shops of some residential buildings. The annual rental profit of these projects can reach Reached over 400 million.

However, three commercial projects will be completed one after another next year - Miramar Hotel Group, Poly Building, and Universal Building. By then, the rent will increase significantly; even if there is no real estate development project, the scale of Cheung Kong Industrial will be large enough.

There is also the commercial project on Paterson Street, which is also expected to open in early 1962, when rents will increase again.

Then, Lin Zhichao said: "The company should have sufficient funds, right?"

Huang Changhong nodded and said, "We have adopted a new model at the Paterson Street site in Causeway Bay. We have sold out more than 600 residential units, and the funds are 2400 million Hong Kong dollars; the Bank of East Asia has to settle all of them with us. So the funds are very large." Sufficient, the site at No. 71 Des Voeux Road Central, just started."

Speaking of this, Huang Changhong became energetic. He did not expect that the boss would create a new measure to transfer the risk to the bank.

Lin Zhichao nodded. This real estate is in cooperation with Bank of East Asia, but in order to reduce risks, Bank of East Asia requires that the down payment ratio be controlled at 50%, and the term is only two years.

In fact, Jian Dongpu also knew that Lin Zhichao still had hundreds of millions of Hong Kong dollars in the Bank of East Asia, which was enough for the Bank of East Asia to take this risk.

At present, banks such as HSBC, Standard Chartered, and Hang Seng have begun to study this loan model and are preparing to enter the market.After all, this loan model is actually less risky than lending to business owners, and more importantly, it attracts customers.

"Well, let's prepare to start construction on 71 Des Voeux Road Central! This building is called Midea Building."

Huang Changhong was taken aback for a moment, he seemed to remember that Midea was an industry owned by the boss, but it only produced radios, it was just a small company that was not well established.

So, he said, "Cheung Kong doesn't have a headquarters building yet, the boss should think about it!"

Lin Zhichao said with a smile: "Don't worry, which Chinese real estate company you see has a headquarters building! What's more, if Cheung Kong Industrial Group really needs a headquarters building, it must be a first-class super building in Hong Kong, covering an area of ​​[-] square meters A skyscraper with a height of more than [-] feet and a height of more than [-] floors is truly meaningful."

Huang Changhong suddenly realized, and said: "So the boss thinks so, it's because my vision is low!"

Lin Zhichao smiled and said: "It's not that your vision is low, but Hong Kong's real estate has not ushered in a real boom. After Hong Kong's economy develops, Hong Kong's real estate will really usher in a boom. Therefore, we should accumulate more strength and lay a solid foundation Get basic!"

Huang Changhong immediately said excitedly: "Okay!"

With such a boss, you can hear exciting goals at any time.

A week later, Lin Zhichao attended the official land auction and saw Li Jiacheng in a corner.

I saw that he was silent, as if he was a follower, or a spectator, unusually inconspicuous in the entire auction house.Lin Zhichao was immediately amused, no accident, Li Jiacheng deliberately hid in the corner with the intention of picking up the leak.

Generally speaking, real estate developers like Lin Zhichao are more or less easy to be raised by others; on the contrary, some unknown people sometimes auction land, but no one raises the price.

Lin Zhichao knew it well, but he didn't intend to squeeze Li Jiacheng again.After all, Li Jiacheng at this time has hundreds of people in the plastic factory area, and the annual profit is more than one million Hong Kong dollars, so there is no threat at all.

So, let him go today.

"Lin Sheng, what are you looking at? Zhang Yuhao doesn't seem to be here today!"

Just when Lin Zhichao was paying attention, Liao Baoshan's joke came from beside him.

Lin Zhichao turned his head, and immediately said with a smile, "Zhang Yuliang didn't come, but you, the king of Xihuan, came. It seems that my wallet will be quite short today."

Liao Baoshan is very happy to be recognized by Lin Zhichao, after all, this is a symbol of her own strength.

"Look at what you said, whoever I compete with, I won't compete with you. Today I'm just here to join in the fun, and grab a real estate if I have a chance. Haha!"

Amidst the laughter, there was a trace of 'arrogance', not in front of Lin Zhichao, but a 'contempt' towards other opponents.

Liao Baoshan’s assets are almost 1959 million. In [-] (last year), he successively bought the warehouses of Junjin, Junli, Xiangfa, Yongfa, Sihe, and Chengchang in Western District, and razed them all to the ground. , and began to erect a concrete forest (concrete = concrete).It coincided with the expansion of the roads in the West Ring Road and the development of bus routes in all directions. The property prices in the West Ring Road rose faster than those in Causeway Bay, and the profits were rolling in.

At this time, the real estate developers in Hong Kong were divided into another level, and the largest Chinese-funded real estate developers were Cheung Kong Properties and Liao Chongxing Real Estate.As for Jinxing Real Estate, it is currently held back by Changjiang Real Estate, and many people feel that the Zhang Yuliang family will stumble on this.Among the rest of the real estate developers, Airship Tai, Chen Detai, Peng Guozhen, Ma Jincan, Li Gaofu, etc. can be regarded as the second echelon.

At present, the annual supply of residential buildings in Hong Kong is about 1 to 1.2, and this figure is still increasing. It is estimated that before the bank run crisis (1965), it will reach more than 1.5 a year.

"Fair competition is all right! However, Liao Sheng has been a bank tycoon and a real estate tycoon recently in Weishui Xiangjiang. Now you are the most successful businessman from Chaozhou and Shantou!"

"Don't dare to be, dare not be, there are many businessmen from Chaozhou and Shantou! By the way, Lin Sheng, Liao Chong Hing Bank's branch in Sham Shui Po opened this month, please come and visit us!"

"No problem, I happen to be in Hong Kong, I will definitely come!"

I have been with Liao Baoshan for more than ten years, no matter what opening or work starts, as long as Lin Zhichao invites, he will come.Although Lin Zhichao has a higher status now, he will naturally give this face.

After a while, after greeting a few acquaintances, the auction officially started.

In the past few years, Shibingzi has disappeared. After all, the Hong Kong government was anxious to arrest people.

Now the land auctioned by the Hong Kong government every year is hundreds of millions of Hong Kong dollars, which is the main source of government revenue. Whoever dares to make trouble again will definitely be investigated by the Hong Kong government.

In the next auction, the Li family finally got their wish and bought a piece of industrial land in Kwun Tong, with an area of ​​2.1 square feet and only about 80 Hong Kong dollars per square foot.

And Lin Zhichao also bought a 5.8-square-foot land in North Point, and a 3.9-square-foot land in Causeway Bay Mid-Levels.Among them, the land in North Point is about 110 Hong Kong dollars per square foot, while the land in Causeway Bay Mid-Levels is 120 Hong Kong dollars per square foot.

It is worth mentioning that although the land in Causeway Bay Mid-Levels is a luxury residential land, it requires superb technology to solve construction problems.

And this technology, Lin Zhichao is just confident, that is the 'caisson technology', which can solve the foundation problem of high-rise buildings in the middle of the mountain.

Lin Zhichao felt very comfortable after spending tens of millions of Hong Kong dollars in one go.

"Li Sheng, congratulations, I didn't expect you to also plan to enter the real estate industry!" Lin Zhichao specially greeted Li Jiacheng.

Li Jiacheng was immediately flattered, but today he finally got his wish, won an industrial land, and the funds did not exceed the standard, so he was in a good mood.

"Thank you Lin Sheng for your mercy!" Li Jiacheng said modestly.

Just now, he noticed that Lin Zhichao was looking at him. He was in a bad mood, after all, it felt bad to be targeted by a big boss; however, Lin Zhichao didn't quote for the land in his hands at all.

Anyway, he was very grateful.Today he auctioned off this piece of land. If it seems like a big shot, it is possible that it is 200 million. Unexpectedly, he won it with only 170 million.

"You're welcome, I have enough industrial buildings in Kwun Tong, and I won't invest in them at all. By the way, you and Liao Sheng should know each other, right?"

Liao Baoshan immediately said: "We have met a few times, but I am also surprised that Ah Cheng actually invested in real estate. This is a good thing!"

Li Jiacheng said quickly: "Sheng Liao, I just plan to invest in a factory building, which can be used for my own use or rented out. Not counting entering the real estate industry, you are the real estate boss of our Chaoshan businessmen." worship.

Liao Baoshan immediately said very happily: "Ah Cheng has passed the award! In front of Lin Sheng, we are all students!"

Several people got together and chatted, which immediately attracted a lot of attention. Everyone was very curious, who is Li Jiacheng, who actually attracted the attention of the boss.

Lin Zhichao played the role of a good guy at this time, and said to Li Jiacheng: "Investing in industrial buildings is right. Plastic flowers have been popular for six or seven years, and many European and American families already feel that they are outdated. But investing in industrial buildings can at least stabilize rent collection."

Li Jiacheng suddenly felt light and light, and said quickly: "Lin Sheng can just call me Ah Cheng. I have benefited a lot from your guidance today."

Ah Cheng?

You are one month older than me!
"Haha, Ah Cheng is really humble! If you don't have any friends in the construction industry, you can go to Poly Construction under my umbrella and give you a quote. The quality of the construction is guaranteed and the efficiency is high. You will be able to collect rent in the second half of next year. "

Li Jiacheng naturally handed over his business card, and Lin Zhichao accepted it, and said that someone would call him later.

"Lin Sheng, do you like this one?" Liao Baoshan asked curiously after Li Jiacheng took the initiative to leave.

Lin Zhichao nodded and said, "I know him a little bit! We developed plastic cups back then, and he developed them shortly afterwards; we developed two-color plastic flowers, and he developed them shortly thereafter. He is a very capable person. And according to me As we all know, his annual profit of plastic flower is only more than 100 million Hong Kong dollars, and he dares to invest in industrial buildings. In this respect, he has surpassed 90% of the factory owners in Hong Kong.”

Liao Baoshan suddenly felt that Lin Zhichao's ability to know people was really vicious.

He hasn't yet realized how promising Li Jiacheng will be, but now hearing what Lin Zhichao said, he, a fellow from Chaoshan, seems to have a bright future, and he can date him later.

After parting, Lin Zhichao got in his car and drove towards the office building.

He didn't support Li Jiacheng, at most he had a few words of encouragement.

Of course, with Lin Zhichao's huge career, he no longer considered whether the rise of Li Jiacheng and Bao Yugang would affect him.Now his real opponents are only those British foreign firms and competitors on the world stage.

Huang Changhong walked into Lin Zhichao's office and reported: "Boss, the Hong Kong government has decided to invite public tenders for the mining rights of the Anderson Daya Quarry in August."

Lin Zhichao suddenly regained his energy. Since he is engaged in real estate, he must develop the entire industrial chain; in his previous life, Li Jiacheng also controlled the production of cement and stone mines in Hong Kong; The layout of real estate raw materials.

In addition to the layout of raw materials, infrastructure, construction, financial companies, agency companies, etc. will naturally develop in the future, and there may be dozens of branches.

"What is the situation of the quarry industry in Hong Kong now? What is the situation of the Anderson Daya quarry?"

Huang Changhong thought to himself, fortunately he had prepared well in advance, if he came to report in a hurry and couldn't answer the boss's questions, it would be a shame.

"Anderson Daya Mining can provide at least one third of Hong Kong's demand. At the same time, after this mine is put into use, the Hong Kong government will gradually close some small mines near the urban area."

After listening, Lin Zhichao said: "In this way, the price of this mine will be as high as 1.5 million."

Huang Changhong nodded and said: "The Hong Kong government allows payment in 20 years, and the payment starts after mining; so if it is taken down, the annual income from the quarry is enough to repay the franchise fee. As for the investment that needs to be made, it is mining equipment and machinery. It is estimated that it will take several years to make a real profit from the initial investment.”

It has been an optimistic view for several years. For such a large mine, it takes a year or two to prepare for the initial stage. After all, it needs to pass environmental protection and other aspects of auditing, as well as infrastructure construction.

If it opened in 1962, it would have encountered trouble in 1965 (bank run, real estate plummet), and in 1967 it would have been a big crisis.

However, Lin Zhichao is not worried. This quarry can be listed in the early 70s and become another listed company under Lin Zhichao.

Lin Zhichao's idea is that the Miramar Hotel Group and Anderson Daya are listed separately, and they will find ways to integrate them later.

"Well, if that's the case, then you and Manager Wang will study it carefully and give me the information later." Lin Zhichao said.

At this time, Lu Zhihe may not have the courage to invest in this project, after all, his strength has been cut in half.The quarry enterprises under Cheung Kong Industry have also developed very well in recent years, with nearly ten million funds in their accounts.

"Ok"

Huang Changhong then left with great enthusiasm. At this time, Cheung Kong Industry was at the peak of its development, and he, the deputy general manager, was naturally very ambitious.

At lunch time, Lin Zhichao invited Mo Yingji, a securities broker, and Zhou Fuzhao, the financial manager of Cheung Kong, to accompany him.

"Eat a simple meal, Mo Sheng won't be disgusted, right?" Lin Zhichao said with a smile at Yung Kee Restaurant.

Mo Yingji's character is very good, this is something Lin Zhichao appreciates, so he entrusts him to act as a broker for the stock investment of Cheung Kong.

"Lin Sheng, you're being polite. I usually eat lunch at Yung Kee Restaurant at noon, then have a massage or take a nap, and then go to market in the afternoon."

Lin Zhichao said: "That's fine, let's drink together at night!"

Later, Lin Zhichao said: "How is the stock market going?"

Mo Yingji immediately explained vividly, and finally said: "Although the stock market is booming, I also admire Lin Sheng's securities investment method. If you don't move for two years, your stocks have already risen by 40%."

Earned more than 400 million, that's all!

Lin Zhichao said with a smile: "I have no research on stocks, and I am an amateur. But I have research on companies and the Hong Kong economy, so after buying stocks, I don't want to touch him."

Mo Yingji said: "The stock goes up and down, Lin Sheng always has to cash out at a high point, so he should buy it?"

He is embarrassed to say directly, let me give you some pointers!

After all, people don't seem to care about tens of millions of Hong Kong dollars at all!

Lin Zhichao said: "This is for sure!"

Afterwards, he did not talk about Cheung Kong's stock investment, and Mo Yingji did not bother.

The reason why Lin Zhichao asked him was to ask some stock market rules. After all, he was about to own a listed company - Asia Shipping.At that time, don't be ignorant of the rules.

Surprisingly, there are really few stock market rules in this era, and many of them can be manipulated.

However, it is also understandable that the stock market is becoming more and more standardized.

(End of this chapter)