Hong Kong: Starting with 10 billion

Chapter 89 My Free City (4K)
1980 was the first year of Hong Kong film's success.
Since DreamWorks' first film "Drunken Master" won the Hong Kong box office record of 1978 million Hong Kong dollars in 973,

When it was just a little bit away from the 1000 Hong Kong dollar mark,
Many people in the industry and even some investors outside the industry are thinking about this.
When will a single Hong Kong film break through HK$1000 million?

But no one doubts that DreamWorks will be the film company with the greatest hope of achieving this historic achievement.

Although Shaw Brothers and Golden Harvest are the oldest film companies in Hong Kong,
However, its development potential is obviously not as good as DreamWorks, which was established less than two years ago.

The boss of DreamWorks is the richest man in Hong Kong, and there are top stars like Jackie Chan joining the team.
The company has a wealth of talent and a strong production team.

If the first Hong Kong movie to break HK$1000 million is produced in DreamWorks,

It seems to be something that many people take for granted.

DreamWorks did not disappoint everyone's expectations.

After the release of "The Young Master" on February 2, it was screened in theaters for 9 days.

The box office reached 1267 million Hong Kong dollars, only 165 million more than the original record.

Although the DreamWorks publicity team tried their best to promote this movie,

But unfortunately, Hong Kong people's enthusiasm for watching movies cannot be fully stimulated in a day or two.

The employees of DreamWorks don't have a God's perspective, they are very excited.

The Hong Kong media and film and television industry people are even more excited.
Only Fang Hexuan reacted indifferently.

Of course, he was not stingy with the celebrations and red envelopes.

After all, DreamWorks Entertainment's stock price has risen, so you should give some face to the company.

Fang Hexuan doesn't care how much he earns, but whether he achieves his desired goal.

It is really easier for him to make money now.

For example, in November last year, I bought 11 million shares of "Mei-Han Enterprise" at HK$1.36.
It has now risen to 6.7 Hong Kong dollars.

Fang Hexuan has continued to purchase shares of "Mei-Han" in the past two months.

But Chen Songqing's Jianing Group is not a fool either.

By the end of March, Jianing Group's stake in "Mei Han" had risen from 3% at the beginning to 52.6%, 67% less than the original historical level.

This is mainly because Fang Hexuan holds 17.2% of the shares of "Mei Han", which is 13.3% more than the 3.9% he bought at the beginning.

As a result, the continued acquisitions of the Jianing Group have not been as smooth as in history.

In the short term, Chen Songqing, who basically controls "Mei Han", will not choose to issue new shares because this is not conducive to the continued rise in stock prices.

Fang Hexuan will sell all his stocks when the time comes and then take a reverse bearish stance.

The money earned from Chen Songqing will be used to buy out the valuable assets he has when he is in dire straits.

In addition, after selling all the gold futures on January 1, Fang Hexuan once again took a speculative action by shorting gold.

This time, no HSBC money was used, only 2x leverage was used, with a total investment of HK$100 billion.

The average price at the time of purchase was $802 per ounce.

On January 1, all of them were sold short at an average price of US$28, earning a net profit of HK$636 billion.

After this incident, the price of gold will fluctuate frequently, and it will become very difficult to speculate in futures.

If you are not careful, you will lose everything.

Fang Hexuan's investment activities in gold futures have basically ended. If he wants to have such a good thing again in the future, he will have to wait for another ten or twenty years.

This time, he explicitly asked HSBC not to disclose the news.

Therefore, the outside world has no idea that his personal assets have increased a lot.

This is also the reason why Fang Hexuan is becoming more and more numb to money.

Once you have a lot of money, you need to spend it to increase your sense of satisfaction in life.

Fang Hexuan bought new Mercedes-Benz bulletproof cars for his mother, brother Wen, and sister Fang Luoyi.

They were also provided with drivers and bodyguards.

He still let Jiu Wenlong serve as both his driver and bodyguard.

Fang Hexuan did not trust these bodyguards, and he would need to go back to the mainland to hire retired soldiers in the future.

Fang Hexuan also bought the large American-style bungalow No. 12 on Barker Road, which he had liked but had no money to pay for.

It’s not for my own use, but for my mother and brother Wen.

This villa is not far from the 300-square-meter luxury house I bought on Barker Road before, so it is also very convenient to move.

The house is still priced at HK$2000 million. Two years have passed. The landlord has not raised the price.

I just wanted to save face for the richest man so that I could make friends with him.

My mother said that Fang Hexuan spent money recklessly, but she was very happy in her heart.

If I had to say who felt most like they were dreaming this New Year, it would definitely be my mother, Lu Qiaoling.

From being a seafood beauty to being the mother of the richest man, this dreamlike and unreal feeling,

It made Lu Qiaoling feel as if she was floating in the clouds.

My younger sister Fang Luoyi still has the mentality of a child. In her mind, hundreds of billions and tens of millions seem to be the same.

It's nothing more than that I used to have to take the school bus to and from school.
Now I have a special car to pick me up and a bodyguard following me every day.

The eldest brother would not give her extra pocket money just because he was rich.

Fang Luoyi also moved to the villa at No. 12 Barker Road to live with her mother.

But for convenience, Fang Hexuan still temporarily lives in Taikoo City, which is very close to Wanda and DreamWorks.

Whenever I have time, I go to the Peak to visit my mother and sister.

You Bingwen has basically accepted the fact that he has a stepson who is the richest man in the world.

In the past two years, Fang Hexuan has been stimulating his nerves, refreshing his three views and cognition time and time again.

This caused him to become almost desensitized to money.

Therefore, even though Fang Hexuan gave him a car, bodyguards, and a house as a gift, he remained very calm.

Embarrassing, that doesn't exist, our Lao You is completely lying down.

Fang Hexuan was quite satisfied with his relief. This way of getting along was very comfortable for everyone.

From this we can see that You Bingwen is also a middle-aged man with great wisdom.

After taking care of his household affairs, Fang Hexuan began to work on a plan he had been thinking about for a long time - to build his own luxurious manor.

Hong Kong's land and property markets have entered a period of speculative prosperity with massive influx of capital.

Today, Kowloon and Hong Kong Island are the two central areas of the city.

The land price in a slightly better location has exceeded HK$2 per square meter.

In prime locations such as Central, Wan Chai, Causeway Bay and other bustling economic and financial centers, there are many places where land prices exceed HK$4 per square meter.

This was 1980.

Don’t be shocked if 8 years later, land prices in the prosperous area of ​​Central exceed HK$40 per square meter.

In the same period of 1980, in remote rural areas such as Yuen Long and Sai Kung, the lowest land price was only HK$ to HK$ per square meter.

It can be said to be a world of difference.

Hong Kong's housing prices are the highest in the world, not only because real estate developers and ordinary speculators are pushing up prices, but the Hong Kong government is also to blame. Before the handover, the British Hong Kong government repeatedly subsidized its finances by selling land at sky-high prices.

It can be said that income from land sales is the bulk of government fiscal revenue.

Later, the SAR government became addicted to selling land, which could bring in huge profits.

If Hong Kong wants to continue to maintain its international status as a financial port, trading port and tourist port, it will have to implement a policy of zero tariffs and low taxes.

Therefore, the Hong Kong government actually has very few means of fiscal revenue and is naturally extremely dependent on land sales.

Fang Hexuan had heard a piece of news in the circle of wealthy people in his previous life.
No. 15 Gough Hill Road, The Peak, Hong Kong, is known as the most expensive house in Hong Kong.

Its average square meter price reached HK$227964, which is equivalent to HK$245 million per square meter.

Such a sky-high price is simply unimaginable for many ordinary people.

This is also the reason why Li Ka-shing, Li Shau-kee and others later developed luxury villas on the top of Victoria Peak or halfway up the mountain.

Because once these houses are built and left there, their value can increase dozens or even hundreds of times in a few decades.

Fang Hexuan also had the same idea.

Therefore, You Bingwen was assigned the task of purchasing real estate in the Peak District.

It’s never too late to build your own dream estate.

After Fang Hexuan donated 1000 million Hong Kong dollars to the British troops stationed in Hong Kong,

The last obstacle to his building his own house at Wong Ma Cape on the Stanley Peninsula had completely disappeared.

An agreement was reached with the Hong Kong government to purchase 2000 square meters of land at a price of HK$10000 per square meter and 1200 square meters of sea area at a price of HK$40000 per square meter.

Just these two pieces of land, plus various expenses, cost Fang Hexuan more than 7000 million Hong Kong dollars.

Don’t think that the land at HK$2000 per square meter is cheap. The Stanley Peninsula has not been developed yet, and the tourist and commercial area around Stanley Plaza is not even in sight.

As for land reclamation, a land fee of 1200 yuan per square meter will need to be paid to the Hong Kong government because this location is located in an important waterway in Hong Kong.

The maritime department also built a lighthouse here at Huangma Cape.

If an artificial island suddenly appears in this sea area, it will definitely affect the ships passing by.

Therefore, Fang Hexuan also thought it was reasonable to spend a little more money.

In addition, the average water depth of this 40000 square meter sea area reaches 8 meters. The complex cement and steel foundation project under the sea alone will cost more than 4000 million Hong Kong dollars in various expenses.

After the foundation is filled, a 10-meter-high cement base needs to be poured on it, and then 90 meters of soil needs to be filled on the base.

Fang Hexuan asked a Hong Kong engineer to calculate all the engineering quantities.
In order to complete the 8-meter-deep underwater foundation and the 100-meter-high cement and earth foundation above water, Fang Hexuan will need to spend 1.2 million Hong Kong dollars on these projects alone.

Only after all these are completed can you build your own villa estate on the 100-meter-high artificial island and design your own dream garden.

Fang Hexuan's plan is to build a "Free City" seaside villa on this artificial island similar to the one in the science fiction movie Iron Man.

The ground building area of ​​the villa is about 3500 square meters and it has three floors.

There is also an underground building under the villa, with a total of eight floors.

Each floor is 4 meters high and covers an area of ​​8000 square meters, totaling 64000 square meters. It will serve as Fang Hexuan’s underground treasure house in the future.

In addition, he will choose to build a two-story underground training ground not far from his villa, with an area of ​​10000 square meters on each floor.

There will be an underground passage connecting this training ground to his villa.

In addition to his villa, there will be basketball courts, tennis courts, helipads, parking lots, bodyguard accommodation areas, nanny accommodation areas and some other defensive buildings on the ground.

When all the construction work is completed, the remaining 40,000 square meters on the ground will be transformed by him into a magnificent garden.

A large private dock will also be built under the artificial island, which can accommodate yachts up to 100 meters long.

Master Ze roughly calculated for him that adding all these things together would cost Fang Hexuan 4 to 6 million Hong Kong dollars.

The reason why there is a floating range of 200 million is that it is uncertain how extravagant the richest man in Hong Kong will be in decoration.

Fang Hexuan signed a confidentiality contract with this person in advance.

Therefore, even though the master was shocked, he could not tell anyone about the richest man's manor plan.

Once this island manor is completed, it is bound to make a sensation around the world.

It may even become a landmark mansion that wealthy people around the world will compete to imitate.

He could imagine that this manor would become a dream place mentioned countless times by the media in the future.

Unfortunately, he was not qualified to lead the project and the design of the villa.

From what Mr. Fang said, it seems that he wants to find a foreign designer.

At the same time, he couldn't help but sigh that it was great to be rich, and the vision of the richest man was completely different from that of ordinary people.

Most wealthy people in Hong Kong would be satisfied if they could just buy a villa in the Mid-Levels on Hong Kong Island.

The top wealthy people hope to buy a 10,000-square-foot mansion on the Peak and overlook Hong Kong Island and Kowloon Peninsula from the highest point.

This is probably their ultimate goal in life.

But Mr. Fang is different. He doesn't even bother to live on the Peak.

He found a place on the outermost cape of Hong Kong to reclaim land and built an artificial island 100 meters high.
Super villas and dream gardens will also be built on it.

This pattern, this spirit, this determination to spend money,
Those so-called top rich people are not even as good as others.

He was thinking that it would cost so much money just to build this island manor.

If one day in the future the richest man wants to sell it, how much money would the buyer have to pay?

If Fang Hexuan knew what the architect was thinking, he would definitely scold him in the face.

Don’t even mention whether it will be sold. Even if it is sold, decades later, this magnificent manor will not be worth tens of billions of Hong Kong dollars.

Fang Hexuan would rather keep it in his hands as a family heirloom.

Besides, there is absolutely no way he would sell it.

As long as this manor is built, it will be the most eye-catching top luxury house in the world.

There will be countless women who rack their brains to climb into Fang Hexuan's bed in order to become the mistress of this manor.

This will be one of his most proud weapons to show off.

As a billionaire with a net worth of tens of billions, there are fewer and fewer things that can make him happy.

He expects that this manor will bring some interesting changes to Hong Kong and himself.

Fang Hexuan plans to ask John Lautner to design his villa.

This American architect was the original source of inspiration for Iron Man's "Liberty City" concept design.

The entire plan is expected to take 3-4 years.

If the cost increase caused by time is also taken into account,

To build this manor, Fang Hexuan will need to spend an additional 1 million Hong Kong dollars.

This may be the most luxurious private villa in Hong Kong.

What kind of topics and impacts will its construction and completion cause?

Fang Hexuan is looking forward to it
　Thanks to Shark Chili 113, Book Friend 20220428091908666, Book Friend 20220811001443662, Book Friend 20230318044509636, Serious Crime Squad Tiger Devil Muscle Man, and Liu Yan for their recommendation votes!
　　

(End of this chapter)