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Published at 25th of December 2023 05:19:04 AM


Chapter 246: [Movements of Cheung Kong Holdings]

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Chapter 246【The actions of Cheung Kong Holdings】

On February 5, 1955, shortly after the Spring Festival, the Hong Kong government decided to abolish the 5-storey height limit stipulated by the original building regulations.

For a time, the real estate industry on Hong Kong Island entered an explosive period again, and real estate-related issues were discussed everywhere.

Cheung Kong Holdings took the fastest action. The Hong Kong Government has just promulgated the new regulations. The plan for Cheung Kong's 150,000 square foot land in Tsim Sha Tsui was delivered to the desk of the Hong Kong Island Housing Department.

"Here, Mr. Shi, you Yangtze River Holdings has actually designed the high-rise building drawings?" The person in charge of the Housing Department looked incredible. This regulation has only been promulgated a week!

"Well, half a year ago, our company was already preparing for the construction of high-rise buildings; because we predicted that the five-story height restriction regulations would seriously affect the development of the real estate industry on Hong Kong Island and make the citizens unable to settle down for a long time. Therefore, we, Cheung Kong Holdings For each piece of land, there are two plans, called Plan A and Plan B for short.” Shi Jun, who is in charge of the outside world, explained that this explanation was made by the boss, and it is also the best way for Cheung Kong to prepare for the construction of high-rise buildings one month in advance. word.

The person in charge of the Housing Department is staying. Is this Wu Guangyao’s idea?

Waving thoughts away, the person in charge asked in detail the source of the drawings and the contractor who built these tall buildings.

American Design Institute and American Construction Company, these two answers make the person in charge a little uncomfortable;

When does it start, everyone only believes in the Americans, not the British, and even the British feel that this should be the case.

In fact, the person in charge did not know that American construction companies are good at building tall buildings; while Europe is basically low-rise buildings, so naturally there is no US good at building tall buildings.

There is nothing to say about the planning of Cheung Kong. The floor area ratio is about 40%. This floor area ratio may not pass the audit in the later generations of the mainland; but on Hong Kong Island, the more intensive floor area ratio can pass the audit.

In the mid-1960s in the future, the "Mobil New Village" community built by Mobil Corporation of the United States, for example, built 99 20-story buildings on 40 acres, with a total of 13,110 residential units, and the useful area of ​​each unit ranges from 450 square feet to 450 square feet. It ranges from 1,200 square feet, and is fully completed to provide homes for 70,000 people.

Admittedly, from the current point of view, Mei Foo New Village was built earlier, and the altitude is restricted due to its location on the aircraft route, resulting in a very dense building with insufficient space. However, the complete supporting facilities inside, focusing on commerce, schools, and being equipped with 24-hour security patrols are all precedents in the real estate industry on Hong Kong Island.

Therefore, the future generation of Mei Foo New Village was actually a milestone in the development of Hong Kong Island's real estate. Since then, such large private housing estates have sprung up and become a trend in Hong Kong Island's real estate development for decades.

Said that the bird cage is good or it is depressing, but on the golden island of Hong Kong, at least people can have a place to live!

However, since Wu Guangyao has crossed, this milestone must be completed in his own hands.

Hong Kong Island First Construction has been very lively recently. A large number of machines have been pulled back to Hong Kong Island from the United States and delivered to Hong Kong Island First Construction;

Then Hong Kong Island Construction recruited workers and foremen on a large scale.

Chen Cheng, as the person in charge of Hong Kong Island Construction, has recently been proud of the spring breeze and is in a happy mood!

The company is about to build a high-rise building. The boss not only bought a large number of new machines, but also asked himself to go to the United States to find a builder, and the two sides reached a cooperation.

In this way, with the technology and equipment, the workers and the foreman are left alone!

This is no problem. Hong Kong Island has a large population, and a large group of people come across from time to time.

Chen Cheng, after seeing the planning of the "Purple City" in Tsim Sha Tsui, was unable to speak for a long time, and the first sentence he spoke was to himself.

"The boss is so grand, he likes big projects and big plans!"

Soon, Chen Chengcheng was summoned by Wu Guangyao to the office and told him.

"Do you know why I spent a lot of money this time to involve American builders and purchase their technology?"

"Well, I know! We haven't built a high-rise building on Hong Kong Island. If there is a mistake, the boss can't afford to lose this person!"

Wu Guangyao nodded, and then said: “Not only that, the'Zijin City' project is just one of Cheung Kong's projects this year, and there will be many such projects in the future; I don’t hope that you will not grow up yet.”

"Don't worry, boss! We spent money to buy technology. This group of Yankees does not teach, and I will not let them go. Of course, our Hong Kong Island is not a weak one. We reserve a lot of talents, so we absolutely must Don't be a fool."

"Well, it’s best for you to have this confidence. Maybe a few months later, we will have to start the project again. Therefore, the number of technicians and management of Hong Kong Island Construction will be doubled. Even if it is to recruit abroad, you have to start A group of elite soldiers and strong generals. If you have a battle, you will win the battle!"

"Yes, boss!"

After the Hong Kong government approved the “Zijin City” real estate project, Cheung Kong Industrial made a big announcement to publicize its “China City” plan.

"A real estate can accommodate 12,000 people. The "God of Wealth" really doesn't do it. If you do it, you will get a big ticket!"

"Look, look, the drawings designed by the American Design Institute, and American builders have participated in the construction. Who dares to say that Cheung Kong does not have the technology for building high-rise buildings? Others directly cooperate with Americans and adopt world-class technology. !"

Some people who have never seen an elevator can’t help but ask: “This building is built so high, do the residents have to climb the stairs every day when they commute to get off work?”

"You rubbish! Haven't you ever been in an elevator?" The companions couldn't help feeling funny, and said sarcastically.

Seeing the ‘Tubaozi’ shook his head, and the people who travelled with him also showed interest. It was necessary to show off his knowledge, and talked about the elevators he had been in, making the ‘Tubaozi’ secretly surprised.

Lixin Building

Huo Yingdong looked at the newspaper in his hand in the office, slowly put it down, and said to himself: "Awesome! This is amazing!"

A year ago, Huo Yingdong set up more than 100 five-story tenement buildings on Sifang Street and adopted the method of ‘selling uncompleted flats’, which was a big success!

In Huo Yingdong’s own words, it means ‘when you receive money, you are soft, and you are afraid of receiving money! ’

At that time, Huo Yingdong even compared himself with Wu Guangyao, trying to compare who is the Chinese "new real estate nobleman".

Although Cheung Kong has been in the business early, it has not made much progress in real estate in recent years. It is inevitable that people think that Wu Guangyao has been overly cautious and missed a great opportunity.

It’s all right now. Cheung Kong Holdings developed a real estate with a capacity of 12,000 people, and it was immediately publicized in the newspapers on Hong Kong Island, which immediately attracted a lot of discussion on Hong Kong Island.

Huo Yingdong couldn’t understand it. The Hong Kong government only revised the housing regulations, and Cheung Kong completed the planning approval.

This guy has a deep network in the Hong Kong government!

The “Purple City” real estate on Hong Kong Island is definitely a milestone in the real estate industry. The emergence of such large private housing estates has pointed a clear path to the housing tensions on Hong Kong Island at this time.

On February 20th, the "Purple Golden City" officially broke ground.

Changjiang Industrial held a grand groundbreaking ceremony, inviting Governor Ge Lianghong, HSBC Big Pan Guy and others to lay the foundation stone.

"Mr. Wu, the planning of'Zijin City' is very beautiful, and I hope the quality is also solid!" Ge Lianghong had to remind Wu Guangyao, after all, Hong Kong Island still lacks experience in building high-rise buildings.

"Governor, please rest assured, we will always put quality first!" Wu Guangyao replied earnestly, and then introduced Ge Lianghong to the heads of American design institutes and builders on Hong Kong Island.

Ge Lianghong looked at dozens of Americans around him, and finally knew Wu Guangyao's confidence!

From design to construction, these Americans will participate and guide the whole process. You must know that this fee directly increases the cost of the entire building by 10%.

Of course, the value of the money!

HSBC Taipan also smiled and talked with Wu Guangyao. If investing in shipping is an adventure for HSBC, then investing in real estate is the most stable place for HSBC.

HSBC has borrowed from dozens of real estate developers in the past two years, which is very important!

"Mr. Wu, with so much reserved land under Cheung Kong Holdings, will it be developed in the next two years?" Guy asked with concern. The purpose is very simple. Cheung Kong Holdings has a good reputation. HSBC would rather invest in Cheung Kong Holdings than to diversify its investments outside. Developers.

"Yes, it will be fully developed in the past few years, and I will ask HSBC for more support at that time!"

"Of course, Cheung Kong Holdings has a good reputation and good business philosophy. It is a major customer welcomed by HSBC!"

With the sound of a gong, the workers and machines on the entire construction site began to move, showing a busy scene.

Wu Guangyao and everyone put on safety helmets and walked into the construction site to take a tour.

"Everyone, these eight excavators are currently the most advanced excavators in the world. They use hydraulic transmission instead of mechanical transmission. They are a technological leap in the history of excavators and belong to the second generation of excavators."

"Everyone, this is a brand new muck truck, and we, Cheung Kong Holdings bought 10 of them.".

Walking into the construction site, Wu Guangyao is like a treasure, showing his muscles to these people!

Brand new and state-of-the-art equipment, showing Wu Guangyao's determination to do a big job.

Tell everyone, you either don’t develop it or you have to develop a big project!

At this time, Ge Lianghong, Guy and others couldn't help but feel sad!

If there is no such young man, the real estate industry on Hong Kong Island will be owned by the British, and the Chinese are probably just small crabs and shrimps, which is not a concern;

However, the Chinese just produced such a young man, and it took only eight years to build a huge business empire;

In some respects, this business empire has surpassed the century-old business of Jardine Matheson, which makes the proud British feel sad!

Ge Lianghong even knows that London is already preparing to win over this young man, and it is best to let him be naturalized!

But, will this one agree?

Ge Lianghong shook his head. If Wu Guangyao wanted to be naturalized, he would have been naturalized long ago; seeing him spread his property to East Asia, Europe, and the United States, he knew that he was also defending the Hong Kong government and London.

Wu Guangyao is wary of London, this is Ge Lianghong's idea!

(End of this chapter)




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