Year: I had a good time when I was young
Chapter 924 Return to the world
Chapter 924 Return to the world
As for the industrial buildings in North Point.
Chu Xiangqian took a fancy to three eight-story townhouses located in a row near the main road. They were built by the same owner more than ten years ago.
The price was only 1500 million. In Chu Xiangqian's eyes, it was no different from something he had picked up.
Two years ago, he bought an eight-story industrial building with an area of 1200 square meters in North Point from Zhao Congyen for HK$8 million.
Now, the area of one of these three buildings is only 700 square meters.
But the three buildings together cover 2100 square meters, and the non-motor vehicle lanes between the three buildings also belong to these three buildings.
The total area is more than 2800 square meters.
The price had fallen below the levels of 62 and 61, so when Chu Xiangqian bought it, he did so without any hesitation.
For Mingda, the total value of these two businesses was 2900 million Hong Kong dollars, and he made a profit of 145 million Hong Kong dollars in one transaction.
And making money is not the most important thing. After the deal is reached, the cooperation between Mingda, Standard Chartered and Hang Seng has officially begun.
With just a few more transactions, both parties can enter a honeymoon period.
Mingda made money, and the two banks not only recovered part of the loan but also earned a brokerage fee.
It's a pity that Chu Xiangqian looked down on other properties, but although Ye Xiaoli felt it was a pity, he was not worried at all that Chu Xiangqian would give up.
He ordered his men to take out a stack of photos and place them on the conference table, then said to Chu Xiangqian.
“Mr. Chu, these are photos of dozens of buildings in Central, Admiralty, Wan Chai, Mong Kok, Sham Shui Po, and Yau Ma Tei.
All of them are in the hands of owners who I have paid attention to before and have business dealings with Standard Chartered and Hang Seng. If you like them, we will go and talk to the owners immediately. "
Chu Xiangqian looked at the forty or fifty photos on the table, picked up a photo of a building in Central and said, "That's not right, I remember this building was owned by Jardine Matheson.
Even if these foreigners want to borrow money, they will only go to banks in London or HSBC.”
Ye Xiaoli smiled and sighed, “Chu Sheng, even Yihe is short of money now.
Moreover, borrowing money from HSBC has more conditions than Standard Chartered, not to mention that there are many conflicts among the foreigners.
In order to earn interest, Standard Chartered has been competing openly and secretly with HSBC in recent years.
And according to Mr. Juan, as long as there are a few suitable ones, Jardine Matheson doesn't have to hold on to them and not sell them.
Not to mention that Standard Chartered and Hang Seng receive agency fees, so they will certainly not miss the opportunity to make money.
The agency fee for negotiating a building is hundreds of thousands, and the negotiation team’s bonus is tens of thousands.
If everyone shares the profits, the transaction of a building is equivalent to one or two years' salary.
The employees of these banks have been very active in the past two or three days.
I heard that several families called Juan to complain and lodge a complaint, saying that Standard Chartered employees even resorted to tactics such as blocking the door. "
After hearing this, Chu Xiangqian smiled and shook his head. Standard Chartered sold the property to Mingda and charged a 5% agency fee.
If I were an ordinary worker, I would also try my best to take advantage of the opportunity to earn more.
If Mingda sells the property to itself again, it will still charge a 5% property management fee.
It seems that you are at a disadvantage, but in fact, if you go to the door to negotiate.
A business deal that could have been settled for 1200 million yuan may be refused by the owner at million yuan or even a higher price.
In addition, the price was pushed too hard and the other party had to agree in the end because they were short of money.
But it is impossible to make the other party remember this favor.
People who take advantage of others' misfortune have always been envied.
So it's worth the money.
Chu Xiangqian smiled and nodded, "Okay, you guys take your time to talk, I'll buy it if the price is right.
Otherwise, we will have to wait another three to five months until the side effects of this economic crisis spread across all industries in Hong Kong Island.
The land price will be cheaper, I am not in a hurry."
Ye Xiaoli thought silently and felt that Chu Xiangqian’s prediction was not nonsense.
The industries most affected now are banking and real estate.
Then the steel, cement, construction, sand and gravel and other industries were affected.
Then it affected every aspect of Hong Kong Island.
As the income of small and medium-sized business owners, vendors and ordinary people decreases, their desire to buy houses will be even lower.
It will be difficult for Hong Kong Island's economy to recover within a year or two, and housing prices will naturally continue to fall.
Chu Xiangqian saw that Ye Xiaoli understood what he meant, so he continued, "By the way, I don't have any suitable investment projects for the 2 million pounds I put in Hang Seng.
If you can negotiate for a few more buildings, I wouldn’t mind buying a few more to collect rent.”
Ye Xiaoli and Aiyuan swallowed at the same time.
2 million pounds is equivalent to 3.2 million Hong Kong dollars. If we really do as Chu Xiangqian said, we can buy at least ten times the number of 5 buildings purchased today.
If this news were to be announced, I believe the land price in Hong Kong Island would likely stop its downward trend.
Chu Xiangqian has been buying up a large number of buildings at low prices, so there will definitely be a lot of people who will follow him and buy them.
But this is actually just a short period of stability. The main consumers in the real estate industry are still ordinary people.
Chu Xiangqian bought a large number of buildings, but he was only saving the rich.
Once these people have recovered, their future investment strategies will also tend to be conservative. They will lay off employees, reduce raw material purchases, and not do business that they are not sure of.
It will not affect the economy of Hong Kong Island as a whole.
But if you wait until land prices fall to the lowest, although there are many opportunities to buy at the bottom, they are actually limited.
There are many people in Hong Kong who still have funds like Chu Xiangqian, not to mention external capital.
For example, wealthy businessmen from Southeast Asia have always been optimistic about the convenience of Hong Kong Island's free port and have been trying to find ways to gain a foothold in Hong Kong Island.
It is normal to take advantage of the opportunity to buy at the bottom.
By then, there definitely won’t be many high-quality properties that Chu Xiangqian will be able to buy.
So for Chu Xiangqian, buying when land prices are on a downward curve means making a profit.
Ye Xiaoli repeatedly confirmed with Chu Xiangqian that the 2 million pounds would definitely be used to purchase high-quality properties.
I was so excited and motivated at the same time.
Just by helping Chu Xiangqian buy a property worth HK$3.2 million, Mingda can get a commission of HK$1600 million.
Not to mention such large-scale buying and selling, if Mingda were a listed company, its stock price would definitely jump three times.
And these 3.2 million Hong Kong dollars can help Standard Chartered and Hang Seng to get rid of at least 3 million loans.
In the future, Mingda and Ye Xiaoli will definitely become guests of honor of the two banks.
At the same time, no one among the prominent families and wealthy people in Hong Kong dared to look down on him anymore.
There is not even enough time to curry favor.
Because of Ye Xiaoli, he was able to get more than 3 million in cash from the super boss Chu Xiangqian.
In the eyes of those who don't know the inside story, Chu Xiangqian trusts Ye Xiaoli as much as he wants.
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After Chu Xiangqian took Aiyuan away from Mingda University, they planned to go to Po Fung Building in Kowloon.
When Aiyuan heard about going to a film company, she insisted on following without a second thought.
The script for the movie that was confirmed had been written several times, but Chu Xiangqian rejected them all. In the end, he simply dictated the script for God of Gamblers.
Since it is a classic, Chu Xiangqian had no intention of changing it, except to change the nationality of the villain in the final decisive battle to that of a Japanese.
This project was proposed by Chu Xiangqian, so everyone in the film company naturally attached great importance to it.
It was just a script reading, and not only Zou Wenhuai and He Guanchang were present, but all the big and small stars in the company who were qualified came.
Even the bosses of film companies that have cooperated with the company, such as Baifanyu, Zhuyouzai and Luotuo, came over to watch the fun.
This made Chu Xiangqian a little worried.
Although God of Gamblers had high box office and large audience, it was a movie released in 89 in its previous life.
In the mid-60s, Chu Xiangqian was not % sure about the audience's acceptance of his film.
As for God of Gamblers, it earned over 3 million at the box office in Hong Kong Island alone. In this era, it might only be one or two million, which seems like a big loss.
But the money of this era is much more valuable than it will be more than 20 years later.
Real estate prices are also much lower, even almost ten times lower.
In addition, Chu Xiangqian has been operating in foreign markets for many years, including Southeast Asia, Japan, South Korea, India, Europe and the United States.
It is not difficult to earn ten times more money than in Hong Kong Island.
The operation and maintenance of overseas markets also provide Chu Xiangqian with the confidence to control the local Hong Kong Island and the entire film industry.
And as long as this movie can attract audiences and tourists to the Great Wall Hotel.
In general, as long as the movie is popular, the revenue will be higher.
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Since Chu Xiangqian dictated the script, the screenwriters certainly didn't dare to make major changes. They just made some minor adjustments to suit the characteristics of that era.
Chu Xiangqian himself has lived in Hong Kong Island for 5 years, so he certainly has his own judgment on whether the script is good or not.
But it’s difficult to find someone to play Gao Jin.
Hong Sanbao and Guo Zhenhua both tried to persuade themselves, but Chu Xiangqian shook his head without even thinking about it and said, "You two have long been stereotyped as action stars, and some comedic and humorous characters. You can't perform the effects I want."
Hong Sanbao and Guo Zhenhua were helpless. What Chu Xiangqian said was the truth, and they couldn't find any reasons to refute it.
Since the two of them failed to play the leading role, they couldn't help but look at Zhang Rongfei.
Zhang Rongfei has been acting and singing for more than four years.
In the singing industry, he has already become famous in Hong Kong Island, and even in Taiwan and Southeast Asia, he is already quite famous.
Who can blame him for being so handsome and singing well? Plus, the record company founded by Chu Xiangqian only has two singers: Zhang Rongfei and Guo Zhenhua's wife Yang Luming.
All the energy of the record company was focused on how to help Zhang Rongfei and Yang Luming sell more vinyl records and increase their singing fees at nightclubs.
The company’s support, coupled with Chu Xiangqian’s influence in Hong Kong Island.
The two of them are very hardworking, so it's hard for them not to be famous.
In the past, in terms of fame, of course, Sammo Hung and Guo Zhenhua were more famous.
But now, not only has Zhang Rongfei caught up, but Yang Luming's fame is not much less than that of her husband Guo Zhenhua.
After all, in this era, the audience for listening to music is much larger than the audience for watching movies.
Some young girls, even housewives, are Zhang Rongfei's fanatical fans.
Every time a vinyl record is released, these housewives become the main consumers.
The sales volume of local vinyl records in Hong Kong Island is often 20,000 to 30,000 copies, plus tens of thousands of copies in the Chinese circle in Southeast Asia, which is already top-level in this era.
If Chu Xiangqian wasn't intimidating enough, this guy would definitely be pushed down by the rich woman.
Chu Xiangqian looked at Zhang Rongfei, who was dressed fashionably. He was indeed handsome, but as for domineering, it seemed that even Zhang Guorong himself in his previous life could not act out that domineering side.
This life is even more difficult.
Seeing Chu Xiangqian shaking his head, Zou Wenhuai, He Guanchang and others all frowned.
In the end, it was Bai Fanyu who had the best relationship with Chu Xiangqian and said with a smile, "Ah Chu, if you have nothing to do, just do it yourself.
Anyway, it’s not like you haven’t acted before, and if we talk about momentum, uncle, I’ve seen so many people like you.
No one is more imposing and strong than you. "
Zou Wenhuai and He Guanchang were instantly ecstatic. In the past two years, their boss didn't even care much about Universal Pictures in Hollywood.
For the film business in Hong Kong, the first wife even brought lawyers and accountants to check the accounts every month.
If this continued, Zou Wenhuai and He Guanchang felt that no matter how hard they tried or how well they ran the company, they would not be valued by their boss.
In the entire Chu family business, its position is falling further and further behind.
How could Zou Wenhuai and He Guanchang accept this?
As for leaving the company and starting their own business, the two have no intention of doing so now.
The first reason for starting a business is to make money, the second is to have a better creative environment, and thirdly, it is also reasonable to say that it is for one’s own dream of making movies.
But now that Chu Xiangqian has completely delegated his power, the two of them are under tremendous pressure.
The two felt unsure and unsure about the possibility of leaving Chu's Film and taking risks with their own money.
Not to mention, if you start a business, you still have to rely on movie theaters for distribution.
There are indeed many cinemas of all sizes in Hong Kong Island, but the one with the largest market share is the cinema jointly opened by Chu Xiangqian and Bai Fanyu.
The second is Cathay Cinemas in Nanyang.
Although Cathay Pacific's brothers Lu Guohua and Lu Guonian already have four cinemas in Hong Kong Island, they are still far behind Chu's.
In Nanyang, Chu Xiangqian and Cathay Pacific have cooperated to open 18 cinemas.
In addition to the cooperation with the Fu family in Singapore, and the 8 cinemas operated in Singapore and Kuala Lumpur, Chu Xiangqian’s overall number of cinema chains in Southeast Asia is still not ranked.
After all, there are only 26 cinemas in total, but the locations where these cinemas are located are definitely first-class prosperous areas.
The movies produced in Hong Kong Island every year are basically screened in Chu’s and Cathay’s cinema chains.
It can be said that Cathay Pacific and Chu’s, one is based in Hong Kong Island and the other is based in Malaysia.
They also entered each other's sphere of influence, cooperated deeply with each other, and tacitly controlled the distribution rights of Hong Kong films in Southeast Asia.
When Zou Wenhuai and He Guanchang started their own business, the first problem they had to face was the suppression from theaters.
A movie that can gross over 1 million in Hong Kong Island would be lucky to make 30 without the support of theaters.
The box office in Southeast Asia may exceed 3 million, but in the end it may only be a few hundred thousand.
Unless these two are crazy, they would not be good shareholders and would not want the annual 5% or 3% dividend of the total box office.
He had to run out and challenge Chu Xiangqian to a duel.
So when Bai Fanyu suggested that Chu Xiangqian play Gao Jin himself, he agreed wholeheartedly.
When other management members, as well as celebrities of all sizes, saw that the general manager and production director agreed, they of course advised the boss to return to the entertainment industry.
Aiyuan also laughed and cheered.
This girl has seen the movie "Snake in the Eagle's Shadow" filmed by Chu Xiangqian.
He even laughed at Chu Xiangqian for a while about the plot in the movie where his elder brother beat the protagonist so badly that the protagonist could only win by killing him according to the plot.
Of course, Ehime also thinks that her elder brother is extremely handsome in the movie.
(End of this chapter)
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