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Published at 25th of December 2023 05:18:01 AM


Chapter 286: 【Central Land King】

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Chapter 286 【Central Land King】

It's another spring of the year!

Wu Guangyao opened the curtains and opened the windows. What you see is a green mountain range on the opposite side;

Lower your head slightly, and what you see is a piece of grass, a golf club (golf course) for later generations;

The head shifts slightly to the south, and the deep water bay and sandy beaches are in sight.

Turning back, there is a beautiful young woman on the bed, not who Lin Yueru is!

"What time is it?" Lin Yueru asked in a daze, apparently still not awake.

"It's 6 o'clock, I'm going for a run, do you want to be together!" Wu Guangyao invited, but he didn't have any hope at all.

"No, come back and remember to wake me up for work!" Lin Yueru closed her eyes after she said that, and fell asleep.

Wu Guangyao smiled triumphantly. It's not that Lin Yueru doesn't like to exercise, but that she is in good spirits every night, and it's hard to torture her.

At 8:30 in the morning, Wu Guangyao appeared in Cheung Kong, and the staff and management greeted them one after another;

Their eyes are full of admiration, and the reputation of "Shark Gallant" is well-deserved, and once again successfully bargained.

At this time, land prices on Hong Kong Island have stabilized and even tend to rise;

There are three comprehensive reasons:

First, bottomed out and rebounded. Housing and land prices had fallen to the bottom at the end of 1958, that is, the owners were unwilling to sell, and more people were buying bottoms.

Second, the Hong Kong government released a data in January 1959. In that year, there were 3,620 local companies registered on Hong Kong Island and 392 foreign companies; ), the export trade is 2.2 billion Hong Kong dollars (gross industrial production), and the inland trade is 1.1 billion Hong Kong dollars (mainly exports). The economic situation is very good.

Third, due to various reasons, Hong Kong Island once again ushered in a surge in population; the influx of people from the opposite side will provide cheap labor and also bring a glimmer of hope for real estate; many people know that Hong Kong Island is the first A large part of the boom in the real estate industry in Poland is due to the large number of people coming to Hong Kong from the Mainland.

came to his office. After Wu Guangyao sat down, Shi Jun came to the office within just a cup of tea.

"Boss, there is a piece of land in the central area for auction!"

After hearing Shi Jun’s words, Wu Guangyao immediately became interested and said, "What kind of land king?"

"This piece of land is behind the Central Ferry Terminal. If it is used to build a high-rise commercial building, it will be enough to overlook the entire Victoria Harbour. For this land of 55,000 square feet, the Hong Kong government stipulates that the reserve price is 400 Hong Kong dollars per square foot, which means the reserve price is 22 million. Hong Kong dollars."

After listening to Shi Jun’s words, Wu Guangyao said with a slight excitement: "The auction will start that day?"

"After half a month, there are still 10 days before the deadline for registration."

"Sign up in the name of Cheung Kong!"

Wu Guangyao did not hesitate to direct Shi Jun to sign up, because this land is so good;

As we all know, the Central District is the commercial center of Hong Kong Island. There are many commercial buildings. Even for later generations, they are all high-rise buildings.

However, although these buildings are in the prosperous Central District, there are very few buildings near the sea, because the coastal areas are basically where the Hong Kong Government’s administrative units and social public affairs are located, such as the Central Police Headquarters, Central Fire Station, and Central District. District military camp, pumping station, sewage treatment plant, Central Ferry Terminal, etc.

In 1970, the Land Company spent 250 million Hong Kong dollars to auction off a piece of land to build the later Jardine House; this piece of land is located in the central reclaimed area, and the completed Jardine House overlooks the entire Victoria Harbour.

Wu Guangyao, who Shi Jun said about the land king in the Central District, also knows it. After coming to Hong Kong Island for so many years, he has been familiar with it; this land is located on the reclaimed land in Central District, behind the Central District Ferry Terminal and opposite to Tsim Sha Tsui; If nothing else, it should be not far from the later Yihe Building.

The starting price of 400 Hong Kong dollars per square foot is a bit expensive; but don’t forget that this is Central, the nature of this piece of land is a commercial building, this price is already very cost-effective; in another 10 years, the land here will be more than 10 times .

The reason why the Hong Kong government auctioned this piece of land, Wu Guangyao also had some speculations, and none of them wanted to speculate on the land price. After all, this is what the Hong Kong government’s fiscal revenue mainly relies on.

For this land, Wu Guangyao is determined to get it. Although Wu Guangyao has a lot of commercial land on this island, it is not very good in terms of location.

With the construction of high-rise buildings in front of these land and properties, it will be difficult to see the beautiful scenery of Victoria Harbour because it will be hidden.

It is a pity to think about it, so Wu Guangyao especially likes the land near the sea to build beautiful buildings.

There are still ten days before the Central Land King auction, but there are already many consortia on Hong Kong Island sharpening their knives;

Among them, European and American consortiums and Dongying consortia have also joined. Although land prices have plummeted before, large consortiums will not be affected at all, because they have the strength to survive the difficulties, and only those aggressive real estate developers will be forced by the banks to have no alternative.

But these foreign consortiums, Wu Guangyao obviously does not care, because they will not make a desperate fight against Wu Guangyao; Wu Guangyao’s main opponent is Land, the right and left arm of the Jardine Matheson, known as the land king of the Central District, must be. Will join this auction.

At this time, the strength of Jardine Matheson was not as weak as in the 1970s and 1980s; after all, at that time, Jardine Matheson accounted for more than 60% of overseas investment. It is precisely because of this egg philosophy that it harmed Jardine Matheson. Let Chinese capital prevail.

The longer the battle line is pulled, the easier it is to be defeated. That’s why!

At its peak, Jardine Matheson had more than 600 subsidiaries all over the world. You can imagine how long Jardine’s frontline stretched; it is precisely because of so many subsidiaries that Jardine’s corporate holdings on Hong Kong Island are basically 10%. Up to 20%, with a light touch of Chinese capital, he will expose his fragility.

Wu Guangyao is different. Although there are investments abroad, it is definitely not much.

The cash flow available at any time is probably only the HSBC and Standard Chartered Bank.

Jardine Headquarters

The Keswick family received the support of three commercial banks in London last year, acquired all the shares in the Jardine family, and officially became the majority shareholder of Jardine Matheson.

So, at this time, John Keswick became the true king of Jardine Matheson. He was also the chief executive of Jardine, Land and Wharf.

At this time, regarding the auction of the land king in the Central District, Land Land registered the name immediately and prepared to take this land to build a commercial building.

"Taipan, according to the news from the Hong Kong government, Changshidi Industry has signed up!" An executive hurriedly came to Keswick’s office and reported.

"What, didn't the Chinese kid have bought millions of square feet of land?" Keswick couldn't believe it because he felt that Wu Guangyao's bullets should be almost hit.

"Taipan, Wu Guangyao basically monopolized the global zipper supply, and can reap more than tens of millions of dollars in profits every year, even HSBC Bank is also very jealous!" the executive reminded.

Keswick felt his whole body loose and lay weakly on the chair.

Even with a profit of 20 million U.S. dollars, Jardine Matheson can only look up to it. Although Jardine’s total profit in one year is so much, these profits need to be distributed to shareholders and investment in the coming year, so there is not much money left. .

And the zipper industry of the Chinese kid is different, it is completely net profit, which can be put on his own account.

In fact, Keswick understands this point. Wu Guangyao cannot bring the profit of PG zipper into private hands every year.

For example, part of the profit in 1957 required investment and construction of factories in Italy, New Zealand, Mexico and other countries; because in recent years, the international trade competition seems to have escalated, Wu Guangyao is worried that the zipper industry will be sanctioned by other countries, so it can only be avoided by building factories abroad. These.

Also, it is a high cost to change a batch of equipment every three years. There are also various factories that invest in Yaoshi Industry, which also requires money.

However, on average, Wu Guangyao can still take away US$18 million in funds each year and put it into his pocketbook.

This situation has been going on for 7 years. Wu Guangyao has already earned hundreds of millions of dollars in profits; after removing various investments, such as Lenovo Electric, Lenovo Electronics, Metro, Star Hotel Management Company, and the beach, Wu Guangyao has also There is a full 70 million US dollars, which is only 400 million Hong Kong dollars.

In fact, this little money is not a lot in this era. After all, next year, Lu Zhihe will invest in a mine with 100 million Hong Kong dollars. Qiu Degen also announced that his family’s assets are 110 million.

But don’t forget that Wu Guangyao can mobilize funds at any time. Many companies have too many funds lying in their accounts, and Wu Guangyao is not happy to take them.

"You go find out who the auctioneer is, and then invite him to have a meal with me?" Keswick quickly thought of an idea.

"Yes, I will do it right away!" Executives are used to it, how can business affairs be clean.

(End of this chapter)




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