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Published at 25th of December 2023 05:16:41 AM


Chapter 333: [Must have a building in Ginza]

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Chapter 333【Must have a building in Ginza】

The run on Liao Chong Hing Bank returned to calm at the end of June;

In this incident, Wu Guangyao did not participate too much. He just fished a good piece of land and prepared to build a commercial building for himself and Li Cui’s children to collect rent;

Take advantage of people’s dangers at all. It can even be said that Wu Guangyao is a benefactor of Liao Chong Hing Bank.

No, Liao Baoshan brought her son to visit Wu Guangyao later and actively invited Wu Guangyao to take over some of Liao’s properties, which is the best proof.

At this time, although the Liao Chong Hing Bank run has passed, the Liao’s ‘shrinkage mortgage’ loan has not been resolved, and the friend’s loan also needs to be repaid;

What is a ‘shrinkage mortgage’?

is to mortgage the property originally worth 10 million Hong Kong dollars to the borrower at 6 million Hong Kong dollars;

If the 6 million Hong Kong dollar plus interest is not returned within the prescribed time limit, then the 10 million Hong Kong dollar property belongs to the borrower.

It can be said that if Liao really didn't get the money, the loss would be 40%.

But as long as he sells other properties quickly, and then takes the money to redeem the ‘shrinkage mortgage’, he will not lose much.

However, the rapid sale of the property also has a loss, which should be within 20%;

Because everyone now knows that you need money urgently, and you will never come at your price.

The reason why Liao Baoshan took her son to Wu Guangyao was that she knew that Wu Guangyao was not the kind of black-hearted person;

Also, the Wu family is already the first Chinese on Hong Kong Island, so it is impossible for him to do anything excessive.

"Boss Liao, I am not interested in your properties personally; let's talk to the President Shi of Cheung Kong Holdings!"

Wu Guangyao returned Liao Baoshan to Cheung Kong, and negotiated in the name of the company;

In addition, Wu Guangyao’s personal properties generally only choose high-quality, medium- and high-quality properties, so he is interested in other properties of Liao’s family.

Liao Baoshan was disappointed when he heard it, but recovered immediately, and continued to speak: "Mr. Wu, this is my son Liao Liewen, who is in the first year of university economics in the UK, but when this happened, I could only call him back. Inherit the family business. I hope you will take care of it in the future!"

Wu Guangyao nodded, left and right are just an attitude.

"Good point! After this incident, although Liao Chong Hing Bank's vitality is greatly injured, if the future is conscientious and strictly in accordance with the bank's guidelines, I believe that Liao Chong Hing Bank will definitely be brilliant again in the future!"

"Thank you Uncle Wu for the teaching! Liewen must be kept in mind." Liao Liewen bowed to Wu Guangyao in salute.

Wu Guangyao was taken aback, how could he become an uncle, and he was only 30 years old?

"Just call me Brother Wu!"

"Yes, Brother Wu!"

sent away the two people, Wu Guangyao was a little bit frustrated, Guyin Liao Baoshan's head was filled with black air, and his fate was soon gone!

Sure enough, half a month later, Liao Baoshan received too much stimulation (they were also stimulated by the seller in the later period), and she did not sleep well for a long time. After the squeeze subsided, she died suddenly due to a rupture of the cerebral blood vessel at the age of 58.

Since the death of Sir Ho Tung in 1956, most people on Hong Kong Island believed that the Wu family should be the new leader of the Chinese on Hong Kong Island;

Of course, there are also some different voices. Some people think that Wu Guangyao's achievements in the business world are several times better than He Dong because of his young age; but the political network and social influence are still a little bit worse!

After all, this kind of sound is very few, and this kind of sound has gradually disappeared over the years.

This time there was a run on Liao Chong Hing Bank. Wu Guangyao appeared to be a white warrior. The people of Hong Kong Island once again confirmed Wu Guangyao's status as a Chinese leader.

After Wu Guangyao announced that he had deposited 5 million Hong Kong dollars to Liu Chong Hing Bank, the run was at least 50% controlled;

The people of Hong Kong Island even attributed the subsequent joining of HSBC to Wu Guangyao;

Because Liao Chong Hing Bank is usually the kind of bank that HSBC hates;

In order to attract depositors, set interest arbitrarily; take depositors’ money and invest by themselves;

These behaviors are unbearable for a formal HSBC bank that is the leading bank of Hong Kong Island;

It's just that the Hong Kong government has always advertised a free economy and implemented a non-intervention policy, leaving other colleagues helpless.

The reason why HSBC is involved this time is not necessarily because Wu Guangyao has become a white warrior.

In July, good news continued.

Lenovo Electric's Sony Electric, invested in a radio factory in Kwun Tong, officially opened.

Wu Guangyao has long been preparing to introduce the radio factory to Hong Kong Island to help the electronics industry on Hong Kong Island.

However, Wu Guangyao believes that the radio factory (Sony) on Hong Kong Island is not just a foundry;

It is a factory integrating R&D and production, so that it can be regarded as the real electronics industry.

In addition, it is necessary to build a large factory, so it has been prepared for a full three years.

After Lenovo’s acquisition of Sony, it has now packaged and transferred all the radio, tape recorder, and record player businesses to Sony, achieving a lossless connection.

Kwun Tong Sony Factory has only one industrial building with a total of 12 floors;

This is also the characteristic of Hong Kong Island’s industrial plants, which is high.

There is no alternative, the land resources are scarce, so this kind of factory buildings can only be built.

After visiting the radio factory, Wu Guangyao received news from Dongying that there is a land for sale in Ginza;

This made Wu Guangyao overjoyed and immediately took his own flight to Dongying.

Tokyo.

Wu Guangyao and Charles, the vice president of Star Hotel, came to Ginza, Tokyo, to check a piece of land to be sold by the Tokyo government.

Tokyo Ginza was a prosperous area in Tokyo before World War II;

After the end of World War II, more foreign luxury brands also began to desperately squeeze into Ginza.

There is a saying in Tokyo: If you are a business, you must have a building in Ginza.

Toyo is a big watch country. After the Hattori watch shop that sells Seiko watches has its own shop in Ginza, Seiko watches have become more advanced and fashionable.

Later, when Toshiba represented Japan’s integrated home appliance industry, it had its own building in Ginza; when Toshiba’s business was slightly worse, the building was the first to be sold; in those years, Toshiba’s boss sold the building and bought it. America’s nuclear power companies; Toshiba has never revitalized since the loss of the Ginza building.

Wu Guangyao is convinced of this. Doing business also requires vigor. If you are discouraged, it will definitely affect your future development.

Ginza, Tokyo’s future prosperity, Wu Guangyao is clear;

Wu Guangyao even remembered that the house price of Ginza in Tokyo in later generations seemed to be around RMB 2 million per square meter.

"Charles, how about using this land to build the Ritz-Carlton Hotel?" Wu Guangyao asked.

I saw Charles sticking out his thumb, and said excitedly: "Very awesome! BOSS, I am confident that I will build the best hotel in Asia here, and even the most luxurious hotel in the world."

Wu Guangyao nodded. Since Charles has said so, he must take pictures of this land this time.

At this time, the prosperity of Ginza has taken shape, so the land price will not be cheap;

The official data given by Dongying is that the total area is 6,850 square meters, and the starting price is 5 million U.S. dollars.

Wu Guangyao also has many competitors, after all, Dongying’s consortium is not vegetarian;

But Wu Guangyao is not afraid. Let alone the consortium of Dongying, it is the consortium of the United States. Wu Guangyao also dared to bid at this time.

(End of this chapter)




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