Chapter 313: [Changjiang Industrial, run and enter! 】
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Chapter 313 [Changjiang Industrial, running and entering! 】
The shares of Yangtze River Holdings have been subscribed for more than 50 times, which shows that investors are optimistic about the Yangtze River Center commercial body;
In the past few years, people on Hong Kong Island have had a deep understanding of charterers and charterers, and they can make a lot of money with their fingers every month;
The most important thing is that house prices and land prices have risen, and the rent will be chairman;
House prices and land prices have plummeted, but rents will not fall.
Because the charterer and the charterer are full of confidence;
Who doesn’t want to rent, you can go;
Anyway, there are many people who need to rent a house outside!
The house cannot be sold, it is because the supply exceeds demand and the house cannot be bought;
So, if you can't afford a house, you can only rent a house.
So, the business of renting a house is always better than the business of selling a house!
This is also the reason why many Hong Kong Island families and big brothers in later generations like to rent but not sell properties!
Of course, everyone also respects Wu Guangyao's keen business sense.
Aside from other industries, Wu Guangyao's achievements in real estate over the years are quite impressive!
Good at bargain hunting, good at seizing opportunities, and also good at marketing!
In this era, apart from the people of Hong Kong Island who have always been optimistic about foreign listed companies, I am afraid that only Wu Guangyao has this treatment.
On the day of listing, Wu Guangyao deliberately took his bodyguards to the Kowloon Stock Exchange to watch the scene;
Good guys, there are so many people, thanks to the Lei Dun security guard hired by the Kowloon Stock Exchange to maintain order.
Wu Guangyao thought for a while, then shook his head again, how many people can make money in stocks, and retail investors can only be reduced to leeks;
Mainly, retail investors can’t hold the shares of Cheung Kong Holdings!
If a retail investor can hold the shares of Cheung Kong Holdings, Wu Guangyao believes that if the annual dividend is not counted, it will be no problem to increase it several thousand times after 50 years;
If dividends are added, it may be ten thousand times!
Several sharp-eyed reporters saw Wu Guangyao shaking his head and immediately came to Wu Guangyao, wanting to interview Wu Guangyao.
It's a pity to be blocked by a few bodyguards, and I didn't get anything!
Wu Guangyao was in a good mood, and he happened to have some remarks he wanted to make. He waved his hand to signal the bodyguard to let him go.
"Mr. Wu, what did you mean by shaking your head? Do you think your company's stock price is not high enough?"
Wu Guangyao heard this tone, first of all he would check which newspaper the reporter was from.
It turned out to be the "Sing Tao Daily", but one of its opponents was defeated. Isn't it any wonder that you dig a hole for yourself?
However, Wu Guangyao was still a gentleman and said: "I shook my head because investors seemed to be somewhat unreasonable. The stock price of Cheung Kong Holdings has risen from HK$7 at the opening to HK$9.5, and only 2 hours have passed. The value of a company, It takes a long time to reflect; also on stocks, my suggestion is to invest in companies with long-term value. Stocks should be investments, not speculation."
"What is investment? What is speculation?" another reporter asked.
"Different time: the investment period is longer, usually in long-term stocks, etc.; the speculation period is relatively short, and it is usually a quick buying and selling behavior."
"Different focus on benefits: investment focuses more on long-term benefits, short-term losses do not affect overall returns; speculation focuses on short-term benefits, and price fluctuations in the short term have a great impact on speculation."
After Wu Guangyao finished speaking, he shied away from something and bid farewell to many reporters, leaving only the legend of the **** of stock!
When the securities closed on the same day, Cheung Kong Holdings’ shares rose to 12.30 Hong Kong dollars per share, a daily increase of 75%, and the market value of Cheung Kong Holdings was as high as 590 million Hong Kong dollars.
Changjiang Industrial can be described as riding a bull on the market!
Changjiang Industrial’s meeting room
"The 1.1 million square feet of residential land of Cheung Kong Properties are all located in the Yau Tsim Mong area of Kowloon, with an average price of 52 Hong Kong dollars per square foot and a total value of 57.2 million Hong Kong dollars. The 200,000 square feet of commercial land of Cheung Kong Properties is all located in the central area of the island. , The average price is 250 Hong Kong dollars per square foot, and the total value is 50 million Hong Kong dollars. Cheung Kong Real Estate has five six-story commercial buildings in the downtown area of Central, worth 50 million Hong Kong dollars."
"To sum up, if Cheung Kong Holdings needs to acquire all of them, it will need 157.2 million Hong Kong dollars."
“At present, the total of 105 million Hong Kong dollars in Cheung Kong's account is not enough to open such a large project, and it is a far cry.”
Xiu Yanbing made a simple financial report to shareholders and management.
This report does not include the Global Building (built by the King of the Central District) and the original Global Building (the old building on Queen’s Road), because these two buildings are being developed by Cheung Kong Real Estate and will be used as private property of the Wu family after development. rent.
Even if the Cheung Kong Holdings borrowed another 100 million yuan, it would not be able to transfer the land and old buildings owned by Cheung Kong Real Estate.
He Xian and Zhong Ziguang were shocked after listening;
The two thought that Wu Guangyao used 30 million Hong Kong dollars for bargaining, and then made about 50 million Hong Kong dollars;
Unexpectedly, Wu Guangyao spent at least 50 million Hong Kong dollars, and even directly earned 100 million.
However, the shares of Yangtze River Holdings in the hands of the two have skyrocketed since they went public, and their shares are worth as much as 18 million, so the mentality of the two has also improved.
He Xian is okay, very satisfied. Cheung Kong's stock and dividends are already one of his most important assets; you should know that he invested only 500,000 Hong Kong dollars at the beginning.
Zhong Ziguang almost felt a little regretful in his heart. Why did he propose to pay dividends in the first place, but now in everyone’s eyes, is he a representative of lack of vision?
"The real estate industry has stabilized. We need to run into the market. We will lose tens of thousands of dollars a day after hesitating. So next, Cheung Kong needs to purchase residential land and then develop residential units on a large scale. The opposite has been continuous and a large amount of inflows since last year. When the population arrives on Hong Kong Island, the increase in population means the shortage of housing; coupled with the booming industry on Hong Kong Island and rising wages, the real estate industry will surely usher in a small upsurge again." Wu Guangyao said.
Wu Guangyao went on to say: "Since the commercial land cannot be eaten, don't support it. So, let's keep the five commercial buildings and commercial land in the hands of my Cheung Kong Real Estate; Cheung Kong Holdings will first acquire 1.1 million square feet of residential land. , Ready to develop housing."
Everyone has no doubt about Wu Guangyao’s words;
Of course, everyone has their own analysis of the external form and feels that Wu Guangyao’s remarks are not wrong.
If there are real objections, these people will still raise them;
For example, the original dividend plan.
After the meeting was over, the Three Musketeers came to Wu Guangyao's office.
Some time ago, when Cheung Kong Holdings went public, Wu Guangyao personally rewarded the Three Musketeers with 500,000 Hong Kong dollars and allowed them to buy the shares of Cheung Kong Holdings.
The reason why Wu Guangyao is so generous is that the Three Musketeers have made great contributions during the development of Cheung Kong Real Estate in the past few years, and they have no complaints.
In theory, Cheung Kong Real Estate belongs to Wu Guangyao’s private property. If you want to hire three people to work, you need to pay more;
And Wu Guangyao made a lot of money, so he had to give his subordinates some soup.
Furthermore, the Three Musketeers have been loyal to themselves for a long time, so naturally they want to give them some sweetness.
"The next step is a lot. You have to look after the construction of two buildings of Cheung Kong Real Estate and develop three new residential properties; therefore, you have to be prepared!" Wu Guangyao said.
The two buildings have been under construction for one year; but because they are super buildings, the construction period is three years, so the completion is still early.
"The boss can rest assured that Cheung Kong has the most comprehensive and largest talent pool on Hong Kong Island, and the affiliated companies of the Yangtze River Group are also powerful companies; therefore, let alone five real estates, that is, seven or eight real estates will be constructed at the same time. "Shi Jun said confidently.
Changjiang Industrial also had 5 projects under construction at the same time, so everyone felt that it was not a big deal.
It can be said that the construction capacity of the Yangtze River System is already the first on Hong Kong Island.
Hong Kong Island Yijian is also a real giant company, equivalent to Wu Guangyao's trump card!
The original shareholding situation of Hong Kong Island First Construction is that Wu Guangyao holds 90% and Xue Cheng holds 10%. In the past few years, Xue Cheng intends to give up the shares, so Wu Guangyao spent 2 million Hong Kong dollars to complete 100% of the holding.
After years of development, the value of Hong Kong Island One Construction has far exceeded 2,000 Hong Kong dollars, which is 50 million Hong Kong dollars, and many people buy it.
You must know that although there are many construction companies on Hong Kong Island, there are no more than three construction companies that have the same strength as the first construction company on Hong Kong Island.
It is very important to have a strong construction company;
In later generations, Swire Pacific and Wheelock & Company wanted to enter the real estate industry in the 1970s. As a result, they had no land and no real estate experience. They could only take out large tracts of land for joint development with others, and give away the profits to others;
At the same time, the two foreign banks bought real estate companies everywhere to increase their strength in the real estate field.
It can be seen how important a complete real estate industry chain is!
(End of this chapter)
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Chapter 313 [Changjiang Industrial, running and entering! 】
The shares of Yangtze River Holdings have been subscribed for more than 50 times, which shows that investors are optimistic about the Yangtze River Center commercial body;
In the past few years, people on Hong Kong Island have had a deep understanding of charterers and charterers, and they can make a lot of money with their fingers every month;
The most important thing is that house prices and land prices have risen, and the rent will be chairman;
House prices and land prices have plummeted, but rents will not fall.
Because the charterer and the charterer are full of confidence;
Who doesn’t want to rent, you can go;
Anyway, there are many people who need to rent a house outside!
The house cannot be sold, it is because the supply exceeds demand and the house cannot be bought;
So, if you can't afford a house, you can only rent a house.
So, the business of renting a house is always better than the business of selling a house!
This is also the reason why many Hong Kong Island families and big brothers in later generations like to rent but not sell properties!
Of course, everyone also respects Wu Guangyao's keen business sense.
Aside from other industries, Wu Guangyao's achievements in real estate over the years are quite impressive!
Good at bargain hunting, good at seizing opportunities, and also good at marketing!
In this era, apart from the people of Hong Kong Island who have always been optimistic about foreign listed companies, I am afraid that only Wu Guangyao has this treatment.
On the day of listing, Wu Guangyao deliberately took his bodyguards to the Kowloon Stock Exchange to watch the scene;
Good guys, there are so many people, thanks to the Lei Dun security guard hired by the Kowloon Stock Exchange to maintain order.
Wu Guangyao thought for a while, then shook his head again, how many people can make money in stocks, and retail investors can only be reduced to leeks;
Mainly, retail investors can’t hold the shares of Cheung Kong Holdings!
If a retail investor can hold the shares of Cheung Kong Holdings, Wu Guangyao believes that if the annual dividend is not counted, it will be no problem to increase it several thousand times after 50 years;
If dividends are added, it may be ten thousand times!
Several sharp-eyed reporters saw Wu Guangyao shaking his head and immediately came to Wu Guangyao, wanting to interview Wu Guangyao.
It's a pity to be blocked by a few bodyguards, and I didn't get anything!
Wu Guangyao was in a good mood, and he happened to have some remarks he wanted to make. He waved his hand to signal the bodyguard to let him go.
"Mr. Wu, what did you mean by shaking your head? Do you think your company's stock price is not high enough?"
Wu Guangyao heard this tone, first of all he would check which newspaper the reporter was from.
It turned out to be the "Sing Tao Daily", but one of its opponents was defeated. Isn't it any wonder that you dig a hole for yourself?
However, Wu Guangyao was still a gentleman and said: "I shook my head because investors seemed to be somewhat unreasonable. The stock price of Cheung Kong Holdings has risen from HK$7 at the opening to HK$9.5, and only 2 hours have passed. The value of a company, It takes a long time to reflect; also on stocks, my suggestion is to invest in companies with long-term value. Stocks should be investments, not speculation."
"What is investment? What is speculation?" another reporter asked.
"Different time: the investment period is longer, usually in long-term stocks, etc.; the speculation period is relatively short, and it is usually a quick buying and selling behavior."
"Different focus on benefits: investment focuses more on long-term benefits, short-term losses do not affect overall returns; speculation focuses on short-term benefits, and price fluctuations in the short term have a great impact on speculation."
After Wu Guangyao finished speaking, he shied away from something and bid farewell to many reporters, leaving only the legend of the **** of stock!
When the securities closed on the same day, Cheung Kong Holdings’ shares rose to 12.30 Hong Kong dollars per share, a daily increase of 75%, and the market value of Cheung Kong Holdings was as high as 590 million Hong Kong dollars.
Changjiang Industrial can be described as riding a bull on the market!
Changjiang Industrial’s meeting room
"The 1.1 million square feet of residential land of Cheung Kong Properties are all located in the Yau Tsim Mong area of Kowloon, with an average price of 52 Hong Kong dollars per square foot and a total value of 57.2 million Hong Kong dollars. The 200,000 square feet of commercial land of Cheung Kong Properties is all located in the central area of the island. , The average price is 250 Hong Kong dollars per square foot, and the total value is 50 million Hong Kong dollars. Cheung Kong Real Estate has five six-story commercial buildings in the downtown area of Central, worth 50 million Hong Kong dollars."
"To sum up, if Cheung Kong Holdings needs to acquire all of them, it will need 157.2 million Hong Kong dollars."
“At present, the total of 105 million Hong Kong dollars in Cheung Kong's account is not enough to open such a large project, and it is a far cry.”
Xiu Yanbing made a simple financial report to shareholders and management.
This report does not include the Global Building (built by the King of the Central District) and the original Global Building (the old building on Queen’s Road), because these two buildings are being developed by Cheung Kong Real Estate and will be used as private property of the Wu family after development. rent.
Even if the Cheung Kong Holdings borrowed another 100 million yuan, it would not be able to transfer the land and old buildings owned by Cheung Kong Real Estate.
He Xian and Zhong Ziguang were shocked after listening;
The two thought that Wu Guangyao used 30 million Hong Kong dollars for bargaining, and then made about 50 million Hong Kong dollars;
Unexpectedly, Wu Guangyao spent at least 50 million Hong Kong dollars, and even directly earned 100 million.
However, the shares of Yangtze River Holdings in the hands of the two have skyrocketed since they went public, and their shares are worth as much as 18 million, so the mentality of the two has also improved.
He Xian is okay, very satisfied. Cheung Kong's stock and dividends are already one of his most important assets; you should know that he invested only 500,000 Hong Kong dollars at the beginning.
Zhong Ziguang almost felt a little regretful in his heart. Why did he propose to pay dividends in the first place, but now in everyone’s eyes, is he a representative of lack of vision?
"The real estate industry has stabilized. We need to run into the market. We will lose tens of thousands of dollars a day after hesitating. So next, Cheung Kong needs to purchase residential land and then develop residential units on a large scale. The opposite has been continuous and a large amount of inflows since last year. When the population arrives on Hong Kong Island, the increase in population means the shortage of housing; coupled with the booming industry on Hong Kong Island and rising wages, the real estate industry will surely usher in a small upsurge again." Wu Guangyao said.
Wu Guangyao went on to say: "Since the commercial land cannot be eaten, don't support it. So, let's keep the five commercial buildings and commercial land in the hands of my Cheung Kong Real Estate; Cheung Kong Holdings will first acquire 1.1 million square feet of residential land. , Ready to develop housing."
Everyone has no doubt about Wu Guangyao’s words;
Of course, everyone has their own analysis of the external form and feels that Wu Guangyao’s remarks are not wrong.
If there are real objections, these people will still raise them;
For example, the original dividend plan.
After the meeting was over, the Three Musketeers came to Wu Guangyao's office.
Some time ago, when Cheung Kong Holdings went public, Wu Guangyao personally rewarded the Three Musketeers with 500,000 Hong Kong dollars and allowed them to buy the shares of Cheung Kong Holdings.
The reason why Wu Guangyao is so generous is that the Three Musketeers have made great contributions during the development of Cheung Kong Real Estate in the past few years, and they have no complaints.
In theory, Cheung Kong Real Estate belongs to Wu Guangyao’s private property. If you want to hire three people to work, you need to pay more;
And Wu Guangyao made a lot of money, so he had to give his subordinates some soup.
Furthermore, the Three Musketeers have been loyal to themselves for a long time, so naturally they want to give them some sweetness.
"The next step is a lot. You have to look after the construction of two buildings of Cheung Kong Real Estate and develop three new residential properties; therefore, you have to be prepared!" Wu Guangyao said.
The two buildings have been under construction for one year; but because they are super buildings, the construction period is three years, so the completion is still early.
"The boss can rest assured that Cheung Kong has the most comprehensive and largest talent pool on Hong Kong Island, and the affiliated companies of the Yangtze River Group are also powerful companies; therefore, let alone five real estates, that is, seven or eight real estates will be constructed at the same time. "Shi Jun said confidently.
Changjiang Industrial also had 5 projects under construction at the same time, so everyone felt that it was not a big deal.
It can be said that the construction capacity of the Yangtze River System is already the first on Hong Kong Island.
Hong Kong Island Yijian is also a real giant company, equivalent to Wu Guangyao's trump card!
The original shareholding situation of Hong Kong Island First Construction is that Wu Guangyao holds 90% and Xue Cheng holds 10%. In the past few years, Xue Cheng intends to give up the shares, so Wu Guangyao spent 2 million Hong Kong dollars to complete 100% of the holding.
After years of development, the value of Hong Kong Island One Construction has far exceeded 2,000 Hong Kong dollars, which is 50 million Hong Kong dollars, and many people buy it.
You must know that although there are many construction companies on Hong Kong Island, there are no more than three construction companies that have the same strength as the first construction company on Hong Kong Island.
It is very important to have a strong construction company;
In later generations, Swire Pacific and Wheelock & Company wanted to enter the real estate industry in the 1970s. As a result, they had no land and no real estate experience. They could only take out large tracts of land for joint development with others, and give away the profits to others;
At the same time, the two foreign banks bought real estate companies everywhere to increase their strength in the real estate field.
It can be seen how important a complete real estate industry chain is!
(End of this chapter)
Chapter 313 Changjiang Industrial, running and entering! The shares of Yangtze River Holdings have been subscribed for more than 50 times, which shows that investors are optimistic about the Yangtze River Center commercial body;In the past few years, people on Hong Kong Island have had a deep understanding of charterers and charterers, and they can make a lot of money with their fingers every month;The most important thing is that house prices and land prices have risen, and the rent will be chairman;House prices and land prices have plummeted, but rents will not fall.Because the charterer and the charterer are full of confidence;Who doesn't want to rent, you can go;Anyway, there are many people who need to rent a house outside!The house cannot be sold, it is because the supply exceeds demand and the house cannot be bought;So, if you can't afford a house, you can only rent a house.So, the business of renting a house is always better than the business of selling a house!This is also the reason why many Hong Kong Island families and big brothers in later generations like to rent but not sell properties!Of course, everyone also respects Wu Guangyao's keen business sense.Aside from other industries, Wu Guangyao's achievements in real estate over the years are quite impressive!Good at bargain hunting, good at seizing opportunities, and also good at marketing!In this era, apart from the people of Hong Kong Island who have always been optimistic about foreign listed companies, I am afraid that only Wu Guangyao has this treatment.On the day of listing, Wu Guangyao deliberately took his bodyguards to the Kowloon Stock Exchange to watch the scene;Good guys, there are so many people, thanks to the Lei Dun security guard hired by the Kowloon Stock Exchange to maintain order.Wu Guangyao thought for a while, then shook his head again, how many people can make money in stocks, and retail investors can only be reduced to leeks;Mainly, retail investors can't hold the shares of Cheung Kong Holdings!If a retail investor can hold the shares of Cheung Kong Holdings, Wu Guangyao believes that if the annual dividend is not counted, it will be no problem to increase it several thousand times after 50 years;If dividends are added, it may be ten thousand times!Several sharp-eyed reporters saw Wu Guangyao shaking his head and immediately came to Wu Guangyao, wanting to interview Wu Guangyao.It's a pity to be blocked by a few bodyguards, and I didn't get anything!Wu Guangyao was in a good mood, and he happened to have some remarks he wanted to make. He waved his hand to signal the bodyguard to let him go."Mr. Wu, what did you mean by shaking your head? Do you think your company's stock price is not high enough?"Wu Guangyao heard this tone, first of all he would check which newspaper the reporter was from.It turned out to be the "Sing Tao Daily", but one of its opponents was defeated. Isn't it any wonder that you dig a hole for yourself?However, Wu Guangyao was still a gentleman and said: "I shook my head because investors seemed to be somewhat unreasonable. The stock price of Cheung Kong Holdings has risen from HK$7 at the opening to HK$9.5, and only 2 hours have passed. The value of a company, It takes a long time to reflect; also on stocks, my suggestion is to invest in companies with long-term value. Stocks should be investments, not speculation.""What is investment? What is speculation?" another reporter asked."Different time: the investment period is longer, usually in long-term stocks, etc.; the speculation period is relatively short, and it is usually a quick buying and selling behavior.""Different focus on benefits: investment focuses more on long-term benefits, short-term losses do not affect overall returns; speculation focuses on short-term benefits, and price fluctuations in the short term have a great impact on speculation."After Wu Guangyao finished speaking, he shied away from something and bid farewell to many reporters, leaving only the legend of the **** of stock!When the securities closed on the same day, Cheung Kong Holdings' shares rose to 12.30 Hong Kong dollars per share, a daily increase of 75%, and the market value of Cheung Kong Holdings was as high as 590 million Hong Kong dollars.Changjiang Industrial can be described as riding a bull on the market!Changjiang Industrial's meeting room"The 1.1 million square feet of residential land of Cheung Kong Properties are all located in the Yau Tsim Mong area of Kowloon, with an average price of 52 Hong Kong dollars per square foot and a total value of 57.2 million Hong Kong dollars. The 200,000 square feet of commercial land of Cheung Kong Properties is all located in the central area of the island. , The average price is 250 Hong Kong dollars per square foot, and the total value is 50 million Hong Kong dollars. Cheung Kong Real Estate has five six-story commercial buildings in the downtown area of Central, worth 50 million Hong Kong dollars.""To sum up, if Cheung Kong Holdings needs to acquire all of them, it will need 157.2 million Hong Kong dollars."At present, the total of 105 million Hong Kong dollars in Cheung Kong's account is not enough to open such a large project, and it is a far cry.Xiu Yanbing made a simple financial report to shareholders and management.This report does not include the Global Building built by the King of the Central District and the original Global Building the old building on Queen's Road, because these two buildings are being developed by Cheung Kong Real Estate and will be used as private property of the Wu family after development. rent.Even if the Cheung Kong Holdings borrowed another 100 million yuan, it would not be able to transfer the land and old buildings owned by Cheung Kong Real Estate.He Xian and Zhong Ziguang were shocked after listening;The two thought that Wu Guangyao used 30 million Hong Kong dollars for bargaining, and then made about 50 million Hong Kong dollars;Unexpectedly, Wu Guangyao spent at least 50 million Hong Kong dollars, and even directly earned 100 million.However, the shares of Yangtze River Holdings in the hands of the two have skyrocketed since they went public, and their shares are worth as much as 18 million, so the mentality of the two has also improved.He Xian is okay, very satisfied. Cheung Kong's stock and dividends are already one of his most important assets; you should know that he invested only 500,000 Hong Kong dollars at the beginning.Zhong Ziguang almost felt a little regretful in his heart. Why did he propose to pay dividends in the first place, but now in everyone's eyes, is he a representative of lack of vision?"The real estate industry has stabilized. We need to run into the market. We will lose tens of thousands of dollars a day after hesitating. So next, Cheung Kong needs to purchase residential land and then develop residential units on a large scale. The opposite has been continuous and a large amount of inflows since last year. When the population arrives on Hong Kong Island, the increase in population means the shortage of housing; coupled with the booming industry on Hong Kong Island and rising wages, the real estate industry will surely usher in a small upsurge again." Wu Guangyao said.Wu Guangyao went on to say: "Since the commercial land cannot be eaten, don't support it. So, let's keep the five commercial buildings and commercial land in the hands of my Cheung Kong Real Estate; Cheung Kong Holdings will first acquire 1.1 million square feet of residential land. , Ready to develop housing."Everyone has no doubt about Wu Guangyao's words;Of course, everyone has their own analysis of the external form and feels that Wu Guangyao's remarks are not wrong.If there are real objections, these people will still raise them;For example, the original dividend plan.After the meeting was over, the Three Musketeers came to Wu Guangyao's office.Some time ago, when Cheung Kong Holdings went public, Wu Guangyao personally rewarded the Three Musketeers with 500,000 Hong Kong dollars and allowed them to buy the shares of Cheung Kong Holdings.The reason why Wu Guangyao is so generous is that the Three Musketeers have made great contributions during the development of Cheung Kong Real Estate in the past few years, and they have no complaints.In theory, Cheung Kong Real Estate belongs to Wu Guangyao's private property. If you want to hire three people to work, you need to pay more;And Wu Guangyao made a lot of money, so he had to give his subordinates some soup.Furthermore, the Three Musketeers have been loyal to themselves for a long time, so naturally they want to give them some sweetness."The next step is a lot. You have to look after the construction of two buildings of Cheung Kong Real Estate and develop three new residential properties; therefore, you have to be prepared!" Wu Guangyao said.The two buildings have been under construction for one year; but because they are super buildings, the construction period is three years, so the completion is still early."The boss can rest assured that Cheung Kong has the most comprehensive and largest talent pool on Hong Kong Island, and the affiliated companies of the Yangtze River Group are also powerful companies; therefore, let alone five real estates, that is, seven or eight real estates will be constructed at the same time. "Shi Jun said confidently.Changjiang Industrial also had 5 projects under construction at the same time, so everyone felt that it was not a big deal.It can be said that the construction capacity of the Yangtze River System is already the first on Hong Kong Island.Hong Kong Island Yijian is also a real giant company, equivalent to Wu Guangyao's trump card!The original shareholding situation of Hong Kong Island First Construction is that Wu Guangyao holds 90% and Xue Cheng holds 10%. In the past few years, Xue Cheng intends to give up the shares, so Wu Guangyao spent 2 million Hong Kong dollars to complete 100% of the holding.After years of development, the value of Hong Kong Island One Construction has far exceeded 2,000 Hong Kong dollars, which is 50 million Hong Kong dollars, and many people buy it.You must know that although there are many construction companies on Hong Kong Island, there are no more than three construction companies that have the same strength as the first construction company on Hong Kong Island.It is very important to have a strong construction company;In later generations, Swire Pacific and Wheelock & Company wanted to enter the real estate industry in the 1970s. As a result, they had no land and no real estate experience. They could only take out large tracts of land for joint development with others, and give away the profits to others;At the same time, the two foreign banks bought real estate companies everywhere to increase their strength in the real estate field.It can be seen how important a complete real estate industry chain is!End of this chapter
