Hong Kong Island's New Rich Era

Chapter 90 Tsim Sha Tsui (Part )

Liu Zhicheng has always wanted to cooperate with Hong Kong University to train the talents needed by Orange Technology through an agreement.

Huo Haiqing nodded and said yes.

Another piece of news that Huo Haiqing brought him was that he had ordered a printed circuit board production line in RB at a cost of 300 million US dollars.

Once the Yuen Long factory is completed, we can enter the factory for installation. As for the LCD production line, we are still negotiating with the United States, mainly involving basic patent negotiations.

After hearing these pieces of news, Liu Zhicheng wished for the first time that the Yuen Long factory could be completed immediately.

"Okay, Mr. Huo has been full of good news recently. Thank you for your hard work."

Huo Haiqing smiled, nodded and said, "Mr. Liu, this is what we should do."

"Xingfa, we have to speed up the arcade machine testing. There are many projects that require money in the second half of the year, and I rely entirely on the arcade machines." Liu Zhicheng said to Wang Xingfa.

"Don't worry, Mr. Liu, it will definitely be available on the market within half a month," Wang Xingfa replied.

"Well, we have to keep up with the development of the game doll toys. Even though the sales volume is small now, I have already negotiated with Leon about the Street Fighter toys and block puzzles. He plans to promote them to bars, and Walmart will also put them on the shelves at the same time."

"Sales are hard to measure right now, but generally speaking, hundreds of thousands of units shouldn't be a problem. This is also a good profit."

Although a toy company has been established, all production is outsourced and a production line has not yet been set up. We have to wait until the Yuen Long Industrial Park is completed.

However, the production in Hong Kong will not last for a few years. After the reform and opening up of the mainland, Liu Zhicheng will relocate the factory as soon as possible, and Hong Kong will only be a research and development center in the future.

Therefore, even after the Yuen Long Industrial Park is completed, there will not be a large-scale toy production line established.

Orange Technology's second game, Snake, brought in a total profit of HK$3 million, most of which was invested in industrial park construction and the purchase of production lines for new projects.

As for Chigo Industry, it is currently basically at zero profit, and several major research projects are being promoted simultaneously. It is expected to incur losses this year. Liu Zhicheng had already anticipated this result.

Of course, the high R&D investment has paid off, and now the fan motors have been mass-produced to supply their own fan production. Immediately, Liu Zhicheng asked them to enter more motor fields for research.

DC motors, synchronous motors, asynchronous motors, permanent magnet motors, servo motors, in short, as long as they are available on the market, Liu Zhicheng asked them to develop them.

Therefore, the capital investment is huge. Of course, it is not a one-step process, and all categories are developed at the same time.

…………

7 month 23 day.

Today is the official auction day for the Tsim Sha Tsui East site, and the auction house on Hong Kong Island has gathered with a large number of real estate developers and reporters.

With the media hype, everyone in Hong Kong knows about it, and real estate tycoons are all paying attention to it. It can be said to be a major event in the Hong Kong real estate industry.

Real estate developers, suppliers of building materials to real estate developers, and real estate speculators are all paying attention to the results of today's auction.

Once today's land plot is auctioned at a sky-high price, it will mean that real estate developers are optimistic about the real estate market, and housing prices across Hong Kong will be pushed higher again.

Similarly, this is also a test by the Hong Kong government. If a sky-high price is achieved, more plots of land will be released in the future, and the starting price of the plots will be raised accordingly.

Therefore, today's auction involves the interests of all parties and is destined to be a grand feast for the Hong Kong real estate industry.

When Liu Zhicheng's motorcade arrived at the scene, he could see through the car windows that the parking lot was full of luxury cars, and the entire auction house was already crowded with reporters. Liu Zhicheng is now the clearing house of Xiangjiang Real Estate Huamao, and controls the Huangpu Group, which is also one of the largest real estate developers in the city.

As soon as Liu Zhicheng stepped out of the car, many reporters begged him to be interviewed.

After all, he has his own newspaper company and can be considered half a media person, so it's natural that he would say a few words to support the work of journalists.

"Mr. Liu, are you going to attend the auction in person today because you are determined to win?"

"Mr. Liu, does the Huangpu Group's launch of the Huangpu City plan indicate a real estate boom?"

"Mr. Liu..."

Liu Zhicheng couldn't answer all the questions from the media reporters. He just smiled and said, "I'm just a manufacturer. Regarding the topic of real estate, I can only say that today's bidding will definitely be fierce. Let's wait and see!"

On the surface, it seems that Liu Zhicheng himself does not understand real estate, but what he actually means is that he is very confident about the rising trend of real estate.

After a brief interview, Liu Zhicheng, accompanied by Hao Qingwen and surrounded by bodyguards, walked into the auction venue.

As soon as I walked into the entrance of the auction venue, I saw Lu Zhihe had also arrived and was chatting with others.

Lu Zhihe basically knows all the real estate tycoons who came here today. He is a building materials supply tycoon in the city and has a certain say in the prices of stone and cement.

Lu Zhihe came over with a smile and greeted Liu Zhicheng, as if he had been waiting for him.

As soon as the two of them had a brief chat, many real estate developers came up to chat.

Although Liu Zhicheng had never dealt with most of them, he had seen them in newspapers and had some impressions of them.

"Mr. Li, this is Mr. Liu from Huangpu Company. Mr. Liu, this is Mr. Li from Changjiang Company." Lu Zhihe introduced.

"Mr. Li, I've heard a lot about you." Liu Zhicheng greeted Li Chaoren with a smile.

Li Chaoren still wore a pair of black-framed glasses and said with a smile, "Hello, Mr. Liu. You are a well-known figure in the Hong Kong business world. I have heard of your name for a long time."

"Thank you for the compliment. I am a junior and I hope the seniors can give me more support." Liu Zhicheng said with a smile.

Although Liu Zhicheng is a junior and a newcomer in the business world, he owns Huangpu Group and Orange Technology Company. Compared with ordinary Chinese companies, any one of them is a top-notch company.

"With Mr. Liu's arrival, it seems that today is bound to be a turbulent day." Li Chaoren continued.

"Mr. Li also knows that I'm in the electronic product business. I think that Mr. Li's arrival has caused a lot of trouble." Liu Zhicheng said with a smile.

Many large real estate companies came to the scene today, and it also attracted a lot of media attention. They all speculated that the land would be sold at a high price today.

"Haha, the scale of the Yangtze River Company is nothing compared to Mr. Liu." Li Chaoren said jokingly.

Although no one is willing to admit it, Chinese real estate companies in Hong Kong have already recognized a reality: the capital scale of the Whampoa Group has begun to surpass theirs.

Liu Zhicheng also owns several companies doing overseas business. Although the specific profits are unknown, the scale is very large. The Yuen Long Industrial Park has not yet been put into use, but it has already solved the employment problems of thousands of citizens.

"In the field of real estate development, there is still a big gap between Huangpu Group and Changjiang Company," Liu Zhicheng said with a smile.

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(End of this chapter)