Chapter 337: 【China City】
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Chapter 337【China City】
The third phase of Cheung Kong's'Xingang City' was launched hotly, causing Cheung Kong's shares to rise sharply, with a premium of 16 Hong Kong dollars per share;
Therefore, the total market value of Cheung Kong Holdings has reached 768 million Hong Kong dollars, with a growth rate of 128% in 14 months, which made investors smile.
The Wu family holds 30 million shares, with a total value of up to 480 million Hong Kong dollars;
People not only sigh, the stock market is really a rich machine.
At this time, the Yangtze River Industrial is more blooming;
Co-development of residential buildings and industrial buildings, and rent collection for commercial buildings and commercial buildings.
The specific situation of Changjiang Industrial is as follows:
In terms of residential housing: a total land area of 1.1 million square feet, a total of nine plots.
There are six residential properties under construction, three of which have been under construction for a year and have begun to be sold;
The other three have just begun to break the ground, and even the foundation has not been dug, and they are considered to have entered the development stage.
Six residential real estate under construction, with a total of 9,500 residential units, with a residential area of up to 7.5 million square feet, which can accommodate 40,000 people;
Six residential properties under construction are expected to sell 350 million Hong Kong dollars, and net profit is expected to be around 180 million Hong Kong dollars (increased housing prices will drive up profit margins).
The remaining three plots of land are expected to be developed in the second half of 1962;
It is estimated that 4,500 residential units will be developed, with a residential area of about 3.6 million square feet, which can accommodate 18,000 people;
At that time, the house price in Kowloon on Hong Kong Island is expected to be between 50 Hong Kong dollars and 55 Hong Kong dollars. The next three buildings are expected to sell 180 million Hong Kong dollars and net profit can reach 100 million Hong Kong dollars.
Calculated in this way, in the second wave of real estate upsurge of Cheung Kong, the net profit of residential buildings alone can reach 280 million Hong Kong dollars.
Industrial buildings: There are three real estates in the industrial building under construction, all of which are 10-storey independent factories with a total area of 500,000 square feet. Because the industrial buildings are to be rented, Cheung Kong needs to invest about 30 million Hong Kong dollars. .
Commercial buildings: The annual rent of the Yangtze River Center commercial complex is expected to be over 24 million Hong Kong dollars (increasing year by year); there are two commercial buildings purchased from Liao’s at a cost of 20 million Hong Kong dollars, both of which are old-fashioned 9-storey commercial buildings in the Central District. The rent was collected at 1.6 million Hong Kong dollars.
With so many projects, Cheung Kong does not find it difficult to fund;
After all, the initial start-up capital was hundreds of millions, and then another 40 million Hong Kong dollars was loaned;
Because the off-plan property was sold later, the funds began to be withdrawn continuously.
Moreover, before the development of real estate projects, Cheung Kong Holdings did not have any liabilities.
In January 1962, Wu Guangyao convened the management of the Yangtze River Department and held a grand meeting.
More than 30 heads of subsidiaries, large and small, take turns to report work;
After finishing the report, everyone sits together and discusses with each other;
What can be closely linked between subsidiaries, between subsidiaries and the head office, to improve resource utilization?
The whole meeting lasted for a whole day. In the evening, the boss Wu Guangyao invited everyone to have a dinner at Shangri-La Hotel.
The next day, Wu Guangyao convened a meeting with the senior management of Cheung Kong, this time only four people came;
They are Shi Jun, Li Xing, Xiu Yanbing, the "Three Musketeers" of CK Industries, and Chen Cheng of Hong Kong Island First Construction.
The four of them are definitely the top people on Hong Kong Island, but they look very small in front of Wu Guangyao.
Shi Jun also served as the president of Wu Guangyao's private real estate company-Cheung Kong Real Estate; Li Xing also served as the president of the Yangtze River Design Institute.
As for other subsidiaries, they are secondary subsidiaries, and Wu Guangyao does not need to pay too much attention.
February 2, 1962, the eve of the Chinese New Year.
The Yangtze River Center has completely become a Huaxia City, with Huaxia characteristic scenery everywhere, allowing customers to appreciate the cultural essence of thousands of years.
Wu Guangyao also brought a family of children to the Yangtze River Center. One was to take the children around, but to buy New Year goods.
Only stepping into the center of the Yangtze River, I saw the dragon dance team. They wore gorgeous dragon costumes and danced with long dragons.
The Dragon Dance Team has a wide range of activities and will shuttle around the entire Yangtze River Center shopping plaza, allowing customers to feel the joy of the festival.
The children waited for the dragon dance team and kept their eyes on them. If they weren't pulled by the adults, they might have to run with the dragon dance team.
It was hard to get the children's eyes back, but after a minute of walking, they came to the place praised by the lion dance team.
This time, the children's eyes can no longer be pulled back, which is more attractive than the dragon dance.
I saw that on 22 golden piles of varying heights, the majestic lions were struggling to gather green, and the drums were rousing. …Quietly like a civet waiting for a mouse out of its cave, moving like a tiger catching a sheep with agility.
Suddenly, a pillar in the middle fell down, cutting off the lion dance to one side;
Looking at the eager movement of the lion dance, the customers around raised their hearts to their throats, and some fainthearted could not bear to see it.
I saw the lion head leaping high, and the lion tail followed closely behind.
"Ah!" Many tourists looked at the lion prancing in the air and exclaimed.
"Okay" Then, with applause, everyone shouted.
The faces of some foreigners are full of incredible, which shows that the lion dance and dragon dance can really represent a kind of Chinese culture.
After finally rushing the children to the shopping mall, I suddenly felt crowded and crowded.
The bodyguards are getting nervous at this time, and they can't lose the young master. That's the year-end bonus that I'm sorry.
The group first entered Lao Fengxiang jewelry. As the head of the family, Wu Guangyao naturally wanted to buy some gold jewelry for everyone.
"Mother, I'll buy you the right gold bracelet!" Wu Guangyao took Zhou Xuefen to the counter and said.
Zhou Xuefen saw her son holding her hand, it was very helpful, and her face was full of smiles.
"There are many gold bracelets in the house, but I still buy them!" After being used and used, Zhou Xuefen still carried forward the tradition of the older generation, diligence and thrift.
"Madam, it is said that your son has filial piety to you. It is not too much to be filial! And gold can hold the value of banknotes, and save money is not as good as gold." The clerk said cheerfully. He didn't seem to know Wu Guangyao, but he recognized that Wu Guangyao is rich Expensive person, so maybe you have to open a big order today.
The clerk was happy for a while before he came. The manager hurried over and said respectfully to Wu Guangyao: "Boss, Madam!"
The manager called Zhou Xuefen to call his wife. If she called an old lady, she would have too little vision to see;
After all, Zhou Xuefen is only 50 years old, and with proper maintenance, the old lady is obviously not suitable for her.
"Well, you go busy, this little girl is fine!" Wu Guangyao opened the store manager and asked her to take care of the overall situation. After all, there are so many customers today that conflicts are prone to occur.
"Okay!" The manager did not forget to give the clerk a color before leaving.
"Are you our boss Mr. Wu?" the clerk couldn't help asking.
"If you have a fake replacement, let's hurry up. There are many guests today, so you won't delay your work!" Wu Guangyao reminded.
Next, the clerk introduced to Zhou Xuefen enthusiastically while looking at Wu Guangyao curiously;
Naturally, Wu Guangyao will not make trouble for others. Isn’t that normal? It’s normal to meet a legendary boss who talks well and look at it a few times;
In addition, the clerk was also proficient in business, and Zhou Xuefen soon chose a pair of gold bracelets.
After Wu Guangyao and Zhou Xuefen had purchased them, Lin Yueru and Li Cui were still choosing them. The family got together and finally everyone got gifts.
The next step is to buy clothes. This time I didn’t stare at my own store to buy. If there are good-looking ones, buy them there;
After buying the clothes, I went to the Lane Crawford department store again, which was another big purchase.
It’s lunch time, and the bodyguards are already full of bags.
"Dazhong, send the things to the hotel first, we have to buy them in the afternoon, and we will send them home later!"
"Yes, boss, I will arrange!"
After having lunch at the Ritz Hotel, after a lunch break, the family went to the shopping mall again to buy, buy, and buy. They didn’t plan to evacuate Kowloon until 4:30 in the afternoon and return to the Deep Water Bay Villa on Hong Kong Island.
(End of this chapter)
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Chapter 337【China City】
The third phase of Cheung Kong's'Xingang City' was launched hotly, causing Cheung Kong's shares to rise sharply, with a premium of 16 Hong Kong dollars per share;
Therefore, the total market value of Cheung Kong Holdings has reached 768 million Hong Kong dollars, with a growth rate of 128% in 14 months, which made investors smile.
The Wu family holds 30 million shares, with a total value of up to 480 million Hong Kong dollars;
People not only sigh, the stock market is really a rich machine.
At this time, the Yangtze River Industrial is more blooming;
Co-development of residential buildings and industrial buildings, and rent collection for commercial buildings and commercial buildings.
The specific situation of Changjiang Industrial is as follows:
In terms of residential housing: a total land area of 1.1 million square feet, a total of nine plots.
There are six residential properties under construction, three of which have been under construction for a year and have begun to be sold;
The other three have just begun to break the ground, and even the foundation has not been dug, and they are considered to have entered the development stage.
Six residential real estate under construction, with a total of 9,500 residential units, with a residential area of up to 7.5 million square feet, which can accommodate 40,000 people;
Six residential properties under construction are expected to sell 350 million Hong Kong dollars, and net profit is expected to be around 180 million Hong Kong dollars (increased housing prices will drive up profit margins).
The remaining three plots of land are expected to be developed in the second half of 1962;
It is estimated that 4,500 residential units will be developed, with a residential area of about 3.6 million square feet, which can accommodate 18,000 people;
At that time, the house price in Kowloon on Hong Kong Island is expected to be between 50 Hong Kong dollars and 55 Hong Kong dollars. The next three buildings are expected to sell 180 million Hong Kong dollars and net profit can reach 100 million Hong Kong dollars.
Calculated in this way, in the second wave of real estate upsurge of Cheung Kong, the net profit of residential buildings alone can reach 280 million Hong Kong dollars.
Industrial buildings: There are three real estates in the industrial building under construction, all of which are 10-storey independent factories with a total area of 500,000 square feet. Because the industrial buildings are to be rented, Cheung Kong needs to invest about 30 million Hong Kong dollars. .
Commercial buildings: The annual rent of the Yangtze River Center commercial complex is expected to be over 24 million Hong Kong dollars (increasing year by year); there are two commercial buildings purchased from Liao’s at a cost of 20 million Hong Kong dollars, both of which are old-fashioned 9-storey commercial buildings in the Central District. The rent was collected at 1.6 million Hong Kong dollars.
With so many projects, Cheung Kong does not find it difficult to fund;
After all, the initial start-up capital was hundreds of millions, and then another 40 million Hong Kong dollars was loaned;
Because the off-plan property was sold later, the funds began to be withdrawn continuously.
Moreover, before the development of real estate projects, Cheung Kong Holdings did not have any liabilities.
In January 1962, Wu Guangyao convened the management of the Yangtze River Department and held a grand meeting.
More than 30 heads of subsidiaries, large and small, take turns to report work;
After finishing the report, everyone sits together and discusses with each other;
What can be closely linked between subsidiaries, between subsidiaries and the head office, to improve resource utilization?
The whole meeting lasted for a whole day. In the evening, the boss Wu Guangyao invited everyone to have a dinner at Shangri-La Hotel.
The next day, Wu Guangyao convened a meeting with the senior management of Cheung Kong, this time only four people came;
They are Shi Jun, Li Xing, Xiu Yanbing, the "Three Musketeers" of CK Industries, and Chen Cheng of Hong Kong Island First Construction.
The four of them are definitely the top people on Hong Kong Island, but they look very small in front of Wu Guangyao.
Shi Jun also served as the president of Wu Guangyao's private real estate company-Cheung Kong Real Estate; Li Xing also served as the president of the Yangtze River Design Institute.
As for other subsidiaries, they are secondary subsidiaries, and Wu Guangyao does not need to pay too much attention.
February 2, 1962, the eve of the Chinese New Year.
The Yangtze River Center has completely become a Huaxia City, with Huaxia characteristic scenery everywhere, allowing customers to appreciate the cultural essence of thousands of years.
Wu Guangyao also brought a family of children to the Yangtze River Center. One was to take the children around, but to buy New Year goods.
Only stepping into the center of the Yangtze River, I saw the dragon dance team. They wore gorgeous dragon costumes and danced with long dragons.
The Dragon Dance Team has a wide range of activities and will shuttle around the entire Yangtze River Center shopping plaza, allowing customers to feel the joy of the festival.
The children waited for the dragon dance team and kept their eyes on them. If they weren't pulled by the adults, they might have to run with the dragon dance team.
It was hard to get the children's eyes back, but after a minute of walking, they came to the place praised by the lion dance team.
This time, the children's eyes can no longer be pulled back, which is more attractive than the dragon dance.
I saw that on 22 golden piles of varying heights, the majestic lions were struggling to gather green, and the drums were rousing. …Quietly like a civet waiting for a mouse out of its cave, moving like a tiger catching a sheep with agility.
Suddenly, a pillar in the middle fell down, cutting off the lion dance to one side;
Looking at the eager movement of the lion dance, the customers around raised their hearts to their throats, and some fainthearted could not bear to see it.
I saw the lion head leaping high, and the lion tail followed closely behind.
"Ah!" Many tourists looked at the lion prancing in the air and exclaimed.
"Okay" Then, with applause, everyone shouted.
The faces of some foreigners are full of incredible, which shows that the lion dance and dragon dance can really represent a kind of Chinese culture.
After finally rushing the children to the shopping mall, I suddenly felt crowded and crowded.
The bodyguards are getting nervous at this time, and they can't lose the young master. That's the year-end bonus that I'm sorry.
The group first entered Lao Fengxiang jewelry. As the head of the family, Wu Guangyao naturally wanted to buy some gold jewelry for everyone.
"Mother, I'll buy you the right gold bracelet!" Wu Guangyao took Zhou Xuefen to the counter and said.
Zhou Xuefen saw her son holding her hand, it was very helpful, and her face was full of smiles.
"There are many gold bracelets in the house, but I still buy them!" After being used and used, Zhou Xuefen still carried forward the tradition of the older generation, diligence and thrift.
"Madam, it is said that your son has filial piety to you. It is not too much to be filial! And gold can hold the value of banknotes, and save money is not as good as gold." The clerk said cheerfully. He didn't seem to know Wu Guangyao, but he recognized that Wu Guangyao is rich Expensive person, so maybe you have to open a big order today.
The clerk was happy for a while before he came. The manager hurried over and said respectfully to Wu Guangyao: "Boss, Madam!"
The manager called Zhou Xuefen to call his wife. If she called an old lady, she would have too little vision to see;
After all, Zhou Xuefen is only 50 years old, and with proper maintenance, the old lady is obviously not suitable for her.
"Well, you go busy, this little girl is fine!" Wu Guangyao opened the store manager and asked her to take care of the overall situation. After all, there are so many customers today that conflicts are prone to occur.
"Okay!" The manager did not forget to give the clerk a color before leaving.
"Are you our boss Mr. Wu?" the clerk couldn't help asking.
"If you have a fake replacement, let's hurry up. There are many guests today, so you won't delay your work!" Wu Guangyao reminded.
Next, the clerk introduced to Zhou Xuefen enthusiastically while looking at Wu Guangyao curiously;
Naturally, Wu Guangyao will not make trouble for others. Isn’t that normal? It’s normal to meet a legendary boss who talks well and look at it a few times;
In addition, the clerk was also proficient in business, and Zhou Xuefen soon chose a pair of gold bracelets.
After Wu Guangyao and Zhou Xuefen had purchased them, Lin Yueru and Li Cui were still choosing them. The family got together and finally everyone got gifts.
The next step is to buy clothes. This time I didn’t stare at my own store to buy. If there are good-looking ones, buy them there;
After buying the clothes, I went to the Lane Crawford department store again, which was another big purchase.
It’s lunch time, and the bodyguards are already full of bags.
"Dazhong, send the things to the hotel first, we have to buy them in the afternoon, and we will send them home later!"
"Yes, boss, I will arrange!"
After having lunch at the Ritz Hotel, after a lunch break, the family went to the shopping mall again to buy, buy, and buy. They didn’t plan to evacuate Kowloon until 4:30 in the afternoon and return to the Deep Water Bay Villa on Hong Kong Island.
(End of this chapter)
Chapter 337China CityThe third phase of Cheung Kong's'Xingang City' was launched hotly, causing Cheung Kong's shares to rise sharply, with a premium of 16 Hong Kong dollars per share;Therefore, the total market value of Cheung Kong Holdings has reached 768 million Hong Kong dollars, with a growth rate of 128% in 14 months, which made investors smile.The Wu family holds 30 million shares, with a total value of up to 480 million Hong Kong dollars;People not only sigh, the stock market is really a rich machine.At this time, the Yangtze River Industrial is more blooming;Co-development of residential buildings and industrial buildings, and rent collection for commercial buildings and commercial buildings.The specific situation of Changjiang Industrial is as follows:In terms of residential housing: a total land area of 1.1 million square feet, a total of nine plots.There are six residential properties under construction, three of which have been under construction for a year and have begun to be sold;The other three have just begun to break the ground, and even the foundation has not been dug, and they are considered to have entered the development stage.Six residential real estate under construction, with a total of 9,500 residential units, with a residential area of up to 7.5 million square feet, which can accommodate 40,000 people;Six residential properties under construction are expected to sell 350 million Hong Kong dollars, and net profit is expected to be around 180 million Hong Kong dollars increased housing prices will drive up profit margins.The remaining three plots of land are expected to be developed in the second half of 1962;It is estimated that 4,500 residential units will be developed, with a residential area of about 3.6 million square feet, which can accommodate 18,000 people;At that time, the house price in Kowloon on Hong Kong Island is expected to be between 50 Hong Kong dollars and 55 Hong Kong dollars. The next three buildings are expected to sell 180 million Hong Kong dollars and net profit can reach 100 million Hong Kong dollars.Calculated in this way, in the second wave of real estate upsurge of Cheung Kong, the net profit of residential buildings alone can reach 280 million Hong Kong dollars.Industrial buildings: There are three real estates in the industrial building under construction, all of which are 10-storey independent factories with a total area of 500,000 square feet. Because the industrial buildings are to be rented, Cheung Kong needs to invest about 30 million Hong Kong dollars. .Commercial buildings: The annual rent of the Yangtze River Center commercial complex is expected to be over 24 million Hong Kong dollars increasing year by year; there are two commercial buildings purchased from Liao's at a cost of 20 million Hong Kong dollars, both of which are old-fashioned 9-storey commercial buildings in the Central District. The rent was collected at 1.6 million Hong Kong dollars.With so many projects, Cheung Kong does not find it difficult to fund;After all, the initial start-up capital was hundreds of millions, and then another 40 million Hong Kong dollars was loaned;Because the off-plan property was sold later, the funds began to be withdrawn continuously.Moreover, before the development of real estate projects, Cheung Kong Holdings did not have any liabilities.In January 1962, Wu Guangyao convened the management of the Yangtze River Department and held a grand meeting.More than 30 heads of subsidiaries, large and small, take turns to report work;After finishing the report, everyone sits together and discusses with each other;What can be closely linked between subsidiaries, between subsidiaries and the head office, to improve resource utilization?The whole meeting lasted for a whole day. In the evening, the boss Wu Guangyao invited everyone to have a dinner at Shangri-La Hotel.The next day, Wu Guangyao convened a meeting with the senior management of Cheung Kong, this time only four people came;They are Shi Jun, Li Xing, Xiu Yanbing, the "Three Musketeers" of CK Industries, and Chen Cheng of Hong Kong Island First Construction.The four of them are definitely the top people on Hong Kong Island, but they look very small in front of Wu Guangyao.Shi Jun also served as the president of Wu Guangyao's private real estate company-Cheung Kong Real Estate; Li Xing also served as the president of the Yangtze River Design Institute.As for other subsidiaries, they are secondary subsidiaries, and Wu Guangyao does not need to pay too much attention.February 2, 1962, the eve of the Chinese New Year.The Yangtze River Center has completely become a Huaxia City, with Huaxia characteristic scenery everywhere, allowing customers to appreciate the cultural essence of thousands of years.Wu Guangyao also brought a family of children to the Yangtze River Center. One was to take the children around, but to buy New Year goods.Only stepping into the center of the Yangtze River, I saw the dragon dance team. They wore gorgeous dragon costumes and danced with long dragons.The Dragon Dance Team has a wide range of activities and will shuttle around the entire Yangtze River Center shopping plaza, allowing customers to feel the joy of the festival.The children waited for the dragon dance team and kept their eyes on them. If they weren't pulled by the adults, they might have to run with the dragon dance team.It was hard to get the children's eyes back, but after a minute of walking, they came to the place praised by the lion dance team.This time, the children's eyes can no longer be pulled back, which is more attractive than the dragon dance.I saw that on 22 golden piles of varying heights, the majestic lions were struggling to gather green, and the drums were rousing. Quietly like a civet waiting for a mouse out of its cave, moving like a tiger catching a sheep with agility.Suddenly, a pillar in the middle fell down, cutting off the lion dance to one side;Looking at the eager movement of the lion dance, the customers around raised their hearts to their throats, and some fainthearted could not bear to see it.I saw the lion head leaping high, and the lion tail followed closely behind."Ah!" Many tourists looked at the lion prancing in the air and exclaimed."Okay" Then, with applause, everyone shouted.The faces of some foreigners are full of incredible, which shows that the lion dance and dragon dance can really represent a kind of Chinese culture.After finally rushing the children to the shopping mall, I suddenly felt crowded and crowded.The bodyguards are getting nervous at this time, and they can't lose the young master. That's the year-end bonus that I'm sorry.The group first entered Lao Fengxiang jewelry. As the head of the family, Wu Guangyao naturally wanted to buy some gold jewelry for everyone."Mother, I'll buy you the right gold bracelet!" Wu Guangyao took Zhou Xuefen to the counter and said.Zhou Xuefen saw her son holding her hand, it was very helpful, and her face was full of smiles."There are many gold bracelets in the house, but I still buy them!" After being used and used, Zhou Xuefen still carried forward the tradition of the older generation, diligence and thrift."Madam, it is said that your son has filial piety to you. It is not too much to be filial! And gold can hold the value of banknotes, and save money is not as good as gold." The clerk said cheerfully. He didn't seem to know Wu Guangyao, but he recognized that Wu Guangyao is rich Expensive person, so maybe you have to open a big order today.The clerk was happy for a while before he came. The manager hurried over and said respectfully to Wu Guangyao: "Boss, Madam!"The manager called Zhou Xuefen to call his wife. If she called an old lady, she would have too little vision to see;After all, Zhou Xuefen is only 50 years old, and with proper maintenance, the old lady is obviously not suitable for her."Well, you go busy, this little girl is fine!" Wu Guangyao opened the store manager and asked her to take care of the overall situation. After all, there are so many customers today that conflicts are prone to occur."Okay!" The manager did not forget to give the clerk a color before leaving."Are you our boss Mr. Wu?" the clerk couldn't help asking."If you have a fake replacement, let's hurry up. There are many guests today, so you won't delay your work!" Wu Guangyao reminded.Next, the clerk introduced to Zhou Xuefen enthusiastically while looking at Wu Guangyao curiously;Naturally, Wu Guangyao will not make trouble for others. Isn't that normal? It's normal to meet a legendary boss who talks well and look at it a few times;In addition, the clerk was also proficient in business, and Zhou Xuefen soon chose a pair of gold bracelets.After Wu Guangyao and Zhou Xuefen had purchased them, Lin Yueru and Li Cui were still choosing them. The family got together and finally everyone got gifts.The next step is to buy clothes. This time I didn't stare at my own store to buy. If there are good-looking ones, buy them there;After buying the clothes, I went to the Lane Crawford department store again, which was another big purchase.It's lunch time, and the bodyguards are already full of bags."Dazhong, send the things to the hotel first, we have to buy them in the afternoon, and we will send them home later!""Yes, boss, I will arrange!"After having lunch at the Ritz Hotel, after a lunch break, the family went to the shopping mall again to buy, buy, and buy. They didn't plan to evacuate Kowloon until 4:30 in the afternoon and return to the Deep Water Bay Villa on Hong Kong Island.End of this chapter
