The Birth of the Hong Kong Island Family.

Chapter 302 [Get cheap and behave well]

Another spring of the year (1963).

Cheung Kong has two happy events. The first is the opening of Midea Building. This building can earn more than 500 million Hong Kong dollars in net rental income for Cheung Kong every year. The second is the start of construction of "International Building". Completed in 1966, this building has the same floors as the Midea Building, with a similar floor area (32 square feet).

Hong Kong real estate is becoming more and more prosperous. At the beginning of the year, the government announced that the Hong Kong government's auction revenue of official land last year was 2.56 million Hong Kong dollars, creating a historical record.This year, the Hong Kong government continues to be keen on auctioning off government land to obtain high government income.

In the office, Lin Zhichao was leaning on the sofa, thinking in his mind—the government is keen on auctioning official land, but Cheung Kong has only won a piece of luxury land in the middle of the mountain this year, and then stopped purchasing; although it will send people to every auction, but It's more of a deception.

According to Lin Zhichao's plan, to develop real estate until 1965, Cheung Kong is expected to have more than 120 million square feet in its hands.During the three years from 1965 to 1967, at most one piece of luxury land in the middle of the mountain was developed for rental purposes; other land was not developed.

Cheung Kong currently owns three high-end residential buildings, all of which are for rent, and are all located in Causeway Bay; they are Walden Building (Daimaru Department Store), Xintiandi Building, and Mid-Levels Building in Causeway Bay.

If these high-end buildings are for sale, a unit will cost 10 to 20 Hong Kong dollars. The Mid-Levels Building in Causeway Bay is the most expensive, and each unit is almost 20 Hong Kong dollars.

Cheung Kong Holdings owns a large number of rent-collecting properties, ranging from the first floor of a street-facing residential building to high-end office buildings and shopping malls. The complex of rent-collecting properties also allows Cheung Kong Holdings to have a department - the Commercial Real Estate Department.

As if it were an obsession, Lin Zhichao has a special interest in real estate, and he is even more interested in rental properties.

"Boss, it's time to attend the opening of Sun Hung Kai!" the assistant knocked on the door and reminded.

"Okay, I see!" Lin Zhichao immediately got up and walked towards the door.

There were eight people in Yongye at the beginning, but now three of them can't understand that the other five always run their own business, leaving the company's affairs to three people, and "get something for nothing"; so, these three hardworking people decided to go it alone, after all The wings are getting more and more abundant, and there is no need for more people to be bold.

Just like in the previous life, Sun Hung Kai was still established!

Lin Zhichao did not change Li Shauji's idea and set up a real estate company independently.

After a while, Lin Zhichao led the people to the 71th floor of the Midea Building at No. [-] Des Voeux Road. Sun Hung Kai chose to lease one of the [-]-square-foot office units as an office.

"Congratulations, the three of you are independent, and it seems that you are planning to do something big!" Lin Zhichao said with a smile to the Sun Hung Kai Three Musketeers who greeted him at the door.

"Lin Sheng, welcome, we are extremely honored!" Guo Desheng hurried forward and said respectfully.

Back then, he begged Changjiang Zipper to give him an agency position. Over the years, he sold zippers to Southeast Asia and other places, earning hundreds of thousands of Hong Kong dollars a year, which is an important source of funds.

In fact, Lin Zhichao was able to come because he worked with Lee Shau Kee back then, and everyone knows it.

Otherwise, how could a small ten-person company open with such a great god.

Lee Shau Kee also stepped forward and said, "Lin Sheng, welcome! It's not enough to make a big fight, the three of us are just playing around, how can you look like you!"

Sun Hung Kai has a registered capital of 500 million Hong Kong dollars, and each person invests 100 million Hong Kong dollars. However, Guo Desheng holds 40% of the shares, and the other two each hold 30%. Why do they invest the same money but hold different shares?

It turned out that Sun Hung Kai was more like an 'overall company'. The three of them could discuss the shareholding and investment of each of the real estate developed by them, and discuss on their own.For example, this real estate requires an investment of 300 million. If someone is willing to invest more, the more shares will be taken.

At least this is the current cooperation model. Maybe it will be more like a joint venture later than an 'overall company'.

The reason why Sun Hung Kai has been able to develop rapidly is that the three founders are all desperate Saburo, pay attention to the rotation of goods, and regard building a house as opening a factory; for example, in the previous life from 1965 to 1967, Sun Hung Kai still built more than 20 buildings. Because the land is bought at one point, it will be developed immediately and then sold; so even if the real estate is in a downturn and you can't make a lot of money, you can still make some small money.

After a while, more than a dozen guests came. Generally speaking, there were not many people. After all, Sun Hung Kai can only be regarded as a small and medium-sized real estate company.

During the period, Lee Shau Kee asked Lin Zhichao: "Lin Sheng, I heard that you are investing in the Hung Hom Submarine Tunnel. Why did you start this project?"

Many people are asking about it because this tunnel will have a great impact on Hong Kong's economy, especially once it is opened, the land in Causeway Bay and Wan Chai will increase significantly.

Seeing that everyone is very concerned, Lin Zhichao said with a smile: "The construction should start next year, and it is estimated to be completed in four years!"

Hu Zhaochi asked curiously: "Is the total investment expensive?"

He is an old man from Shunde, and he has a good relationship with Lin Zhichao. The eldest son Hu Baoxing is also a consultant lawyer "raised" by Lin Zhichao.

Lin Zhichao said: "The total investment is about 40 million, and the Hong Kong government has given me 70 years of charging rights. Of course, there are five or six shareholders including Hysan and HSBC, and [-]% of the investment uses bank loans. Otherwise, I would not be able to invest there." rise."

There is no need for Lin Zhichao to explain, everyone knows that Lin Zhichao may not really be able to use the [-] million funds.First of all, although he is a ship king, he has done the most shipping loans, and only borrows money; secondly, although Cheung Kong sells a lot of houses every year, the money is used for commercial projects; finally, Cheung Kong cannot make money No one counts money.

Therefore, Lin Zhichao's wealth is really well hidden!
"HSBC family loan?"

"How is that possible! Including Wanguotong and Standard Chartered Bank, there are a total of five bank loans!"

People really care about this project, and many people care about this project.And Lin Zhichao led the formation of a consortium to invest in the Hung Hom Submarine Tunnel, which also greatly boosted the morale of the Chinese people.

As everyone knows, completing the project four years ahead of schedule almost resulted in no bank daring to lend money.It wasn't until Lin Zhichao signed the guarantee that these banks felt that there was no problem with the loan, including HSBC, which required Lin Zhichao to provide a guarantee.

The reasoning couldn't be simpler. With an investment of [-] million yuan, there are only so many cars in Hong Kong, and how many years it takes to pay back the cost. The risks involved are very high!
After chatting for a while, the auspicious time had come. After the ribbon cutting, everyone drank a glass of red wine and left.

On the way back, Lin Zhichao was very contented with his pretending to be a "poor man". He not only interacted with tycoons and big bosses of foreign companies, but also with small Chinese bosses. He is definitely a well-connected existence in Hong Kong.

He doesn't have any enemies, probably only Zhang Yuliang's family, of course it's not a big enemy, it's just that Lin Zhichao likes to mess with Zhang Yuliang, but it's enough to measure.

What Lin Zhichao believes is that making more friends and fewer enemies is more conducive to his family's status in Hong Kong.

Because of his ability to be one step ahead of others, although he is stealing opportunities from others, he will not form enemies.

The Miramar Hotel and shopping center belonged to Yang Zhiyun, the owner of the gold shop that was robbed. He is still running the gold shop. I heard that he also invested in a hotel, but the scale is very small. I am afraid that the achievements of the Yang Zhiyun family will be limited.

The three buildings of Midea, International, and Yingzhi in Central were an opportunity for Zhang Yuliang's family to grab them. After losing these three buildings, Zhang Yuliang invested in two buildings, but the location and size are not the same.

Global Tower was originally the headquarters building of Hang Seng Bank. Lin Zhichao bought it from Robert Ho Tung very early, so it was natural that he could not offend anyone.

The Poly Building was originally the core asset of Xu Aizhou's family. Without this property, Xu Aizhou tried his best to invest in rental properties, but because of the different locations, the future appreciation level will naturally be limited.

Crocodile Building, Xintiandi Building, Walden Building.
Everyone gave Lin Zhichao some cake, and Lin Zhichao ate the most in the end!
Back at Cheung Kong's office, Lin Zhichao took out an invitation from the drawer.

Immediately felt a little funny!

It seems that Lin Zhichao is the most ruthless to Li Jiacheng, and so is Bao Yugang, but in fact both of them are grateful to Lin Zhichao; no, Li Jiacheng personally came to send his wedding invitation yesterday and expressed his gratitude to Lin Zhichao. The support of those days.

The same is true for Bao Yugang, the two have been in contact with each other. Bao Yugang expressed his gratitude to Lin Zhichao for selling him a boat and giving him a two-year contract.

Soon, Lin Zhichao figured it out, these two are not reborn, how could they know the fact that they were plucked.

But in this life, Lin Zhichao actually promoted them!

For example, Bao Yugang, when he couldn't find a suitable boat everywhere, Lin Zhichao not only sold him one, but also gave him a two-year lease.For him as a layman at the time, this was simply a godsend opportunity.

Therefore, Bao Yugang once specially gave Lin Zhichao an antique scroll painting of the middle hall.

Li Jiacheng thanked himself for nothing more than that the plastic flower was invented by Changjiang Plastics, and he really made his fortune from the plastic flower; in addition, at the official land auction that year, he knew that Lin Zhichao let him go The Pauli family built an industrial building for him at a discounted fee.

Now it seems that Lin Zhichao is really good-looking after getting cheap.

At noon, Lin Zhichao came to a "Fulin Hotel" in Wanchai on purpose, and his second uncle was already at the door to greet him.

"Second Uncle, don't you disrespect me as a junior, you are so polite to have a light meal at noon!" Lin Zhichao hurriedly stepped forward to greet him with a smile.

No matter how Lin Yunchu was his second uncle, if people found out that he was playing big games in front of his uncle, he would be discussed behind his back.

"Look at what you said, I was worried that you couldn't find that private room, so I came here to wait for you at the door."

Later, when the two walked into the hotel, Lin Zhichao also saw his cousin Lin Zhihao, and the lobby manager Shen Tengfei who had met once.

"Super brother"

"Lin Sheng"

Lin Zhichao smiled and nodded as a response.

This 'Fulin Hotel' is the property of Lin Yunchu, and it has just opened for a year.As for Lin Zhihao, he is still just someone who works with his father. After all, not everyone is Lin Zhichao, and he can stand alone at the age of 20.

It was Lin Zhihao who proposed to enter the catering industry at the beginning, but how could Lin Yunchu feel relieved to hand over the huge sum of 50 to his 25-year-old son!

Therefore, he personally participated in the preparation and management of the 'Fulin Hotel', and made his son the deputy prime minister.

Came to an elegant room.

"Second Uncle, how is the business? I look pretty good!" Lin Zhichao asked casually.

Back then, Lin Zhichao also gave some suggestions. After all, he has experienced many high-end restaurants and has certain insights.

Lin Yunchu said: "Business is pretty good, but it is a little different from what was expected. When you said that catering was not easy to do, I agreed. That is the fact. When Zhihao saw that other people's business was good, he wanted to learn from others, but he didn't know that others He is an old master in this industry, how can a newcomer learn from him."

"Dad, you can't give up on business easily. Although our current business can't make a lot of money, it is still profitable. This is a good start for a new business." Just when Lin Zhihao came in, he immediately retorted.

Lin Zhichao pointed to the vacant seat and said, "If you're busy at noon, sit down and eat if you're not busy!"

Lin Zhihao immediately sat down and said: "Brother Chao, I am working hard now. Dad used to have you take care of me and thought it was easy to make money. Now that I open a restaurant, it is not so ideal, so he blames me a little!"

Lin Yunchu couldn't refute his son for a while, but lost face.

It was still Lin Zhichao who said: "How can you talk to my second uncle! Back then, my second uncle also helped me for so many years. If I didn't pay, how could I get any rewards?"

Lin Zhihao didn't dare to say a word!
The cousin is an absolute 'feudal parent'. When they were young and asked about their three siblings' studies, they were more afraid than their father.

"Try it first before talking! Zhihao is right. It has just been open for a year, so you can make some money!" Lin Zhichao said calmly.

Afterwards, a lot of dishes began to be served. It was not like Lin Zhichao came to eat, but to judge.

In fact, he has been here a few times, and he didn't feel that there was anything wrong.

After all, an investment of 50 Hong Kong dollars is equivalent to investing in ten houses, and good chefs can definitely be hired; and another shareholder, Shen Tengfei, who holds 10% of the shares, has been a lobby manager for five or six years, so he is an experienced person.

While eating, Lin Zhichao said: "Who is more responsible for this hotel now?"

Lin Yunchu said: "I want to take care of the factory, so Zhihao is more in charge. He is now specializing in this business. This kid is not bad, he finally knows how to work hard, and he is studying hard in every link."

Lin Zhihao is only 27 years old this year. He went to an ordinary university in London, not a good university, and paid for it. After graduating from university, he worked as a factory manager with his father for two years, and he was considered a conscientious person.

At that time, Lin Zhichao insisted on sending his third cousin to study because he did not want them to become second generation ancestors. In fact, receiving a good education is still very useful.

Lin Zhichao was relieved to hear that Lin Zhihao was quite diligent in his work.

"Your dishes don't have their own characteristics, or the signature dishes, they just learned from the restaurant in front of Shen Tengfei. Then others must give priority to authentic restaurants, so your business can only be said to be so-so!"

In his words, Lin Yunchu and Lin Zhihao couldn't refute them at all.

Shen Tengfei is the lobby manager of the restaurant in front, and he also knows some cooking skills. It is precisely because of this that this high-end restaurant is a 'cottage'; Got a few.

To be honest, if Lin Yunchu hadn't held the title of Lin Zhichao's second uncle, he might have been targeted by others.

Lin Yunchu said: "Zhichao, what you said is very reasonable. This Shen Tengfei boasted a lot at the beginning, but in fact his level is not very good. He is doing well now. He is worried about losing his money, so he actually clamored for a full refund."

Lin Zhichao said with a smile: "Twisted melons are not sweet. If you get together and get together, you will refund other people's money. It is not easy for others to save two dollars."

People like Shen Tengfei are also shrewd. At the beginning, they poached the chef from his old company, but now that the business is not going well and is about to go downhill, he clamored for a full withdrawal of shares.There was no loss in co-authoring, and I got a high salary for a year.

Lin Yunchu said: "I think so too. It's best not to offend others. After all, he has a lot of credit for opening this restaurant."

Lin Zhihao could only say: "He can leave as soon as he wants, anyway, now I am familiar with all aspects, so I can see it!"

Lin Yunchu said: "You can see what can be done, but I'm afraid that the business will get worse and worse, and eventually go out of business."

Lin Zhihao said unconvinced: "I will think of a good way! I must find a way to surpass one or two signature dishes, Laodou, brother Chao, you believe me, anyway, the restaurant is still profitable now, give me a chance!"

Lin Yunchu didn't say anything, but what his son said made sense. Now that he's on board the thief's boat, he can still escape there.At worst, it would be a hard loss of hundreds of thousands, and their house has an annual income of more than 100 million, so hundreds of thousands are still affordable.

Lin Zhichao ate the abalone in his mouth. It was not very delicious, but he felt that it was not special.

"Hong Kong people are rich now, and they pay attention to eating well! If this abalone is cooked well, it can become a signature dish. Zhihao, you can import abalone exclusively to study cooking methods, make innovations, and make signature dishes. No Afraid of wasting money, a lot of money has gone out, even if you spend 10 Hong Kong dollars for research, it’s okay! Especially dried abalone, it will definitely be the favorite food of Hong Kong people in the future.”

Lin Zhihao's eyes lit up. He was naturally convinced of his cousin's skills and immediately said, "Thank you, Brother Chao, for your guidance. We will definitely cook the abalone!"

Lin Zhichao nodded and said: "If you revitalize this hotel and start the business, I will partner with you to set up a catering group. In the future, with the backing of our Yangtze River Industrial Group, good stores will take care of this catering group." , I will also guide you in doing business.”

Lin Zhihao was overjoyed. Who was his cousin? He was a genius and a god in business. If he could do business in partnership with his cousin, it would be a symbol of strength, not to mention a backer.

"Cousin, don't worry, I will definitely do a good job at Fulin Restaurant!"

Lin Zhichao nodded. Cheung Kong's investment in the catering group is just like Jardine Matheson's investment in the Maxim's Group in the previous life. It is for the sake of diversification.

In the previous life, there were several major catering groups in Hong Kong - Café de Coral, Fairwood, and Maxim's Group, each with a scale of billions; since Lin Zhichao knew some decisions, he naturally would not waste them.The management right can be given to the second uncle, but the shares must be 50%.

What is "the sincerity of the Lin family"? You have to invest in everything you need for food, clothing, housing and transportation.

In the end, Lin Zhichao said: "High-end restaurants are not so easy to do. This year, the Mandarin Hotel and Hilton Hotel in Central will open. They will attack the high-end restaurants on Hong Kong Island."

The Maxim's restaurant in the previous life closed down this year, and it was also because of the impact of these two hotels.Until 1966, Maxim’s opened a coffee shop and western cake (bread) model in Ocean Terminal, and the business was booming in one fell swoop, opening 20 coffee shops within two years.With this sit-up brand, and the introduction of Jardine as a 70% shareholder in the early 50s, with the financial support of Jardine and the real estate convenience of Hongkong Land, it developed rapidly in the 70s.

Lin Zhihao felt cold, and then said: "We are a high-end Chinese restaurant, so the influence should not be too great!"

Lin Zhichao didn't say much, and what Lin Zhihao said made sense, because Maxim's restaurant now belongs to high-end western food.

"Then do it well!"

His Miramar Hotel in Kowloon, whether it is Western food or Chinese food, is very popular, it is because of money.

(End of this chapter)