Hong Kong News: Rising from Kowloon Walled City

Chapter 48: Picked up a big bargain!
These were all within expectations. Xu Ling smiled and then explained them to Tony and Luo Tianhong.

Let's keep our troops in place for now, and wait until Hu Xuyong and the handsome guy have finished fighting, then take action based on the situation.

Xu Ling knew that the silence between Hu Xuyong and the handsome guy was only temporary, and they might fight each other again in the future, so there was still some melon to eat.

Now that he had money in hand, Xu Ling decided to go to Kwun Tong in person, because it was the most famous industrial area in Hong Kong Island.

However, many factories have moved to the mainland one after another. But for Xu Ling, it is an opportunity.

If you want to make A-grade goods, you must do it on a large scale.

First buy a clothing factory, then take over a few shops.

Yangkou Street has a very busy flow of people, so it is definitely profitable to sell A-grade goods.

Although it is making quick money, it is still a huge profit.

If you do it on a large scale yourself, you will be the first to try it.

There are some A-grade goods in Hong Kong Island now, but they are not popular at all.

If your entire clothing factory is dedicated to high-end A-grade goods and you take over a few stores in good locations, you will definitely make a lot of money!

And these are all reasonable and legal!
Unlike collecting protection fees and lending at high interest rates, running a nightclub is more or less a bit shady.

Without further ado, after making up his mind, Xu Ling took Luo Tianhong to Kwun Tong for inspection the next day.

Kwun Tong, the old town of Kwun Tong, is located on the east side of the Kowloon Peninsula, overlooking Lion Rock to the north and Lei Yue Mun to the south.

It connects to the winding mountain trails of Fei Nge Mountain in the east and the coast north of the old airport runway in the west.

In the 1950s, the colonial government began to develop satellite cities, and the Kwun Tong District was planned and developed.

In 1954, land reclamation work started on the sea front of Kwun Tong.

At this time, a large number of manufacturers moved south to Hong Kong Island to set up factories, and this reclaimed area also became the largest factory area in Hong Kong Island.

Later, the industrial area extended to Cha Kwo Ling Road and Yau Tong, and Cha Kwo Ling developed.

By the end of the 80s, the manufacturing industry had begun to decline.

After wandering around Guantang for half a day, Xu Ling set his sights on a factory that was being transferred.

The factory is called Yusa Garment Factory, the factory director is Luo Wenzhong, and it has more than 500 employees.

What we usually do is OEM, and we have also started to produce A-grade goods.

However, we didn’t do it on a large scale because we didn’t know the market prospects and were worried about losing all our money.

This garment factory has no shortage of machine workers.

According to the agent, this very capable Luo Wen-zhong once expanded the factory to employ around 2000 people.

He transferred the factory not because of poor management or because he wanted to move to the mainland, but because a major change happened in his family, which allowed Xu Ling to pick up a big bargain.

The entire factory was taken over for just 100 million.

As for what happened in Luo Wenzhong's family, the agent didn't know either.

After signing the contract with the agent, Xu Ling went to inspect the garment factory the next day.

On the way, I listened to Abu's report on the recent situation while looking at the abandoned factories around.

Getting A-grade goods is just the first step. If you want to make big money, other industries must of course be involved.

He gets involved in the underworld just to protect his future business empire.

At the same time, if you do not have sufficient strength in the underworld, you may not be able to keep it even if you become a wealthy man.

Just like Li Bancheng, even though he became the richest man in Hong Kong Island, Zhang Zihao alone made him lose more than ten billion.

"Brother Ling, the Walled City has been relatively peaceful recently, but there are undercurrents. Several societies in the northern part of the Walled City are ready to make a move, but they haven't made any moves. Maybe they want to see the situation in Yangkou Street, especially Lian Haolong...

As they were talking, they had already arrived at the Yusha Garment Factory. Wuying had already informed Luo Wenzhong.

When Xu Ling appeared, Luo Wenzhong had already led more than 500 employees to line up in front of the factory gate to welcome her.

They were very surprised when they saw that their boss was as young as a high school student.

"Hello, Boss Xu!"

Led by Luo Wenzhong, the workers shouted in unison.

Xu Ling took a look at Luo Wenzhong, who was in his 50s and had some gray hair.

Although he looks ordinary, he has a pair of bright eyes.

Luo Wenzhong walked forward and said nervously, "Hello, Mr. Xu, I am Luo Wenzhong."

Xu Ling said with a smile: "Mr. Luo, don't be nervous, I just came to the factory to take a look."

"Okay, Mr. Xu, please!"

Led by Luo Wenzhong, everyone came to a separate workshop with a long work table and more than a dozen rows of hangers filled with clothes, all of which were imitations of brand-name shirts.

There are all kinds of jackets and pants, and the brands include Armani, Versace, Louis Vuitton, Prada... seven or eight luxury brands.

Xu Ling picked up one of them and looked at it carefully. He was a little surprised. It was almost as if they were carved from the same mold.

This garment factory cannot be underestimated.

This batch of A-grade goods will definitely sell out, as long as you have the skills needed to work overtime in the garment factory.

Xu Ling can produce as much as the people of Hong Kong want.

At the same time, Xu Ling felt somewhat confused.

It seems that Luo Wenzhong really has a good vision and saw the market for A-grade goods earlier than himself.

If his family had not encountered a major change, Xu Ling would not have been able to get such a great deal from the Yusa Garment Factory.

Xu Ling picked up a fake Armani shirt and asked, "Mr. Luo, how much does this shirt sell for in the market? How much does it cost for us to copy one?"

Luo Wenzhong said without hesitation:
"Mr. Lin, this is a new model this year. The genuine product sells for 800 yuan. If I imitate it, including all the costs, I can keep it to around 50 yuan."

Xu Ling calculated in his mind that an Armani shirt only costs 50 yuan, and the authentic price is at least 800 yuan.

After deducting various costs such as factory rent, water and electricity, workers' wages, food and accommodation, official taxes, etc., the net profit can at least be 500 yuan per piece.

There are only a handful of people making A-grade goods in Hong Kong Island now, and they are all small-time operations.

If I open several stores with excellent locations at once, how much can I earn?
When the clothing is on track, a or sports shoes can also be put on the market!

This is another extremely considerable income!

If you add all the A-grade goods together, you can easily earn tens of millions a month.

After one year of operation, the profit will exceed 100 million yuan. Isn’t this better than going viral?
The following time was spent in a question-and-answer session between Xu Ling and Luo Wenzhong.

Luo Tianhong, Wuying and others who came with Xu Ling were stunned.

They could only barely understand the profit involved, but if he asked them to do it, they couldn't do it.

After the inspection, Xu Ling asked Wuying to publicly place recruitment advertisements in major newspapers and television stations.

I don't have the time to manage this clothing factory, so I need a professional manager.

Before finding a professional manager, Xu Ling will not distribute the products on a large scale in Hong Kong Island, besides, he has not found his own store yet.

An hour later, Tony called and said that a large number of Zhong Xin Yi people suddenly appeared on Yangkou Street today and surrounded the teahouse where Xu Ling was.

He was preparing to tear the paint and threatened to burn down the teahouse, with the purpose of forcing Xu Ling to come forward.

(End of this chapter)