Chapter 419: [Blue Chimney is here! 】
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Chapter 419 [Blue Chimney is here! 】
On August 25, Cheung Kong Properties purchased the first property, a nine-story building in Central;
This building covers an area of 45,000 square feet, with a property area of 120,000 square feet, and costs 20 million Hong Kong dollars;
Before May of this year, the value was definitely around 38 million Hong Kong dollars, and now it has fallen by more than 40%.
Of course, if it weren’t for the man’s wrong analysis of the situation, Wu Guangyao wouldn’t be able to find this cheap.
Has a good beginning, and then Cheung Kong Real Estate is in a bad shape. In a month, it has taken down 12 old commercial buildings;
These commercial buildings are located in Western District, Sheung Wan, Central, Wan Chai, and Causeway Bay, with land areas ranging from 40,000 to 60,000 square feet;
Although these old commercial buildings are old, generally around 30 years old, they do not affect the use of them at all;
So these commercial buildings are very suitable for pickling, while renting out, while waiting for the opportunity to demolish and rebuild.
In order to purchase these old commercial buildings, Cheung Kong Real Estate has already spent 200 million Hong Kong dollars;
Although it is said that commercial land and commercial buildings have fallen by about 40% to 50%;
However, Hong Kong Island real estate increased by more than three or four times during the period from 1959 to 1965;
For example, in 1959, the price of an ordinary commercial land in Central was around 200 Hong Kong dollars per square foot;
After six years of rising, by 1965, the price had reached 600 Hong Kong dollars square feet.
has now fallen by 50%, which is also 300 Hong Kong dollars per square foot;
This is only the money for the land. If it is to buy an old commercial building, it must be calculated according to the floor area.
In terms of residential land:
Changshi Real Estate is no longer picky eaters, all old residential buildings and small residential land that can be demolished and rebuilt will be taken down;
The price is not to be caressed about, if it falls more than 55% beforehand, it can be won.
Naturally, this kind of action could not be concealed from the keen people on Hong Kong Island. Soon news of Wu Guangyao's wild dips spread;
Although this situation will restrain the decline of real estate to a certain extent, the impact is still insignificant compared to the current situation on Hong Kong Island.
Moreover, many people are already ready to watch Wu Guangyao's jokes!
The end of September.
Swire Pacific, Blue Chimney.
Looking at the depressed Blue Chimney Wharf, Wu Guangyao's mouth turned up. His goal is now Blue Chimney, and Wharf is the next one.
After knowing his mind, Wu Guangyao took Shi Jun to the office building of Blue Chimney and made an appointment to meet Shi Yueke.
This time speaking about Blue Chimney, it will not be smooth sailing, because Wu Guangyao and Swire Pacific still have business competition;
The two main competing companies are aircraft maintenance companies, aviation food, aviation services and other companies;
As for airlines, because the Hong Kong government assigns a north and south route, it is not a competitive relationship.
After a few greetings, everyone sat down in Schyoke’s office.
Wu Guangyao observed Schyoke’s office, the decoration was quite luxurious, and he seemed to be a person who knows how to enjoy it.
Syoke leaned back on the chair, with an expression that you were begging me, and said preconceivedly: "Mr. Wu, you are dissatisfied with that, Swire Pacific does not intend to sell blue chimneys."
Wu Guangyao shook his head and said confidently: "Mr. Schyoke, do you know? If I ask to enter the core management of HSBC at this time, they will all agree. Because there is nothing in this world that money cannot buy. ."
Wu Guangyao’s words are exaggerated, but they are facts;
HSBC's one-year profit, but only 120 million Hong Kong dollars;
The Global Group can bring them 200 million U.S. dollars in profits every year, a 10-fold gap is enough for HSBC to agree to any reasonable request from Wu Guangyao.
Because Wu Guangyao has the final say in Global Group, who controls the absolute holding;
If he offends Wu Guangyao, Wu Guangyao can go to the United States to find a bank to borrow a large amount of US dollars for himself, and then dilute the shares of HSBC.
Of course, this situation is only in the case of a fallout with HSBC, and it is basically impossible.
Schyoke pulled his body back against the chair, raised his brows, and said, "How much do you plan to pay?"
Wu Guangyao already has the answer, so he said directly: "50 million Hong Kong dollars!"
The price of Blue Chimney does not have a fixed number, and it will not be calculated on the basis of square feet, because it is the coastal land in the eastern tip of the sea and belongs to the ‘king of the land’.
Of course, although Wu Guangyao’s price is more than double the price of 130 million purchased by Zheng Yutong in 1970, it is at least sincere.
"Impossible! This land is the most beautiful land in Tsim Sha Tsui. Mr. Wu wants to win 50 million Hong Kong dollars, which is a bit too taken for granted. In fact, I admire Mr. Wu very much. I always like to take advantage of the cheap land prices. Buying the bottom arbitrarily; when the land price rises in the end, it will make a big profit." Shiyoke rebuffed, his tone somewhat sarcastic.
Schyoke thought to himself, although he did not know what the situation on Hong Kong Island would be like in the future, Wu Guangyao was obviously suspected of taking advantage of the land now.
Swire Pacific is cheap, is it so easy to pick up!
Wu Guangyao still has a smile on his face. For Wu Guangyao, Shi Yueke can accept as long as he agrees to sell the land to himself;
Because Schyoke didn’t understand the general trend, he didn’t understand how much the land could appreciate in the future.
"Mr. Shyok, I took a lot of risk by hunting down, and a large group of people outside were waiting to see my jokes. If Swire Pacific thinks that this kind of behavior is profitable, then I'm willing to take it with Swire Pacific to buy the bottom." Wu Guangyao Said.
"No need! We, Taikoo Foreign Firm, have no intention of entering the real estate industry for the time being." Shiyoke vetoed.
What a joke, Swire Pacific has zero experience in the real estate industry, and it frequently sold its land in the 1960s;
Even in the early 1970s, they will sell their land;
It was not until 1972 that Swire decided to enter the real estate industry.
Wu Guangyao said: "Mr. Schyoke will give a reasonable price!"
Schyoke’s heart at this time can be said to be very complicated. Blue Chimney is an important property of Swire International;
But Swire Pacific did intend to sell Blue Chimney, but it is not the current real estate downturn;
However, Swire Pacific was also pessimistic about the situation on Hong Kong Island at this time;
So when Wu Guangyao proposed to buy the blue chimney, Swire International did not refuse;
But they also agreed that they will never sell at a low price.
Rather than selling at a low price, it is better to hold it in your hand;
Furthermore, this piece of land is very important to Cheung Kong, and it can definitely be slaughtered.
Shiyoke thought for a while, and then said: "A price, 75 million Hong Kong dollars! If Mr. Wu disagrees, then the transaction will be terminated, and we will not sell the land when the real estate is low."
Wu Guangyao is still very happy at this time, because the price of 75 million Hong Kong dollars is within the range of his heart.
Still the same sentence, there is no standard for this land, it depends on whether you are determined to take it!
The pound is about to depreciate and the real estate is about to rise, so this price can be won;
If it were not for fear that Shiyoke thought he had agreed too quickly, he would regret it, and Wu Guangyao might have agreed on the spot.
"Mr. Shyok, I need to go back and discuss with the directors, can I have three days!"
"Please!"
After Wu Guangyao left, Shi York showed a smug expression!
Schyoke believes that Wu Guangyao is already tempted and that Cheung Kong will definitely win this piece of land. The high price of HK$7,500 is already at the peak of real estate in 1966.
It is equivalent to saying that this time Swire Pacific seized the opportunity that Cheung Kong Holdings wanted to develop and slaughtered a fortune!
so comfy!
Syoke couldn't help sighing, the Chinese has been suppressing all foreign firms for a long time, and now he can finally slaughter him once.
Syoke’s accident did not happen. Three days later, Wu Guangyao brought a lawyer to Swire Pacific and signed the Blue Chimney’s sales contract on the spot.
After signing the contract, Wu Guangyao said: "Mr. Schyoke, I have a gratuitous request. I hope you can get along with you!"
Syoke and the executives of Swire Pacific were in a good mood at this time. They received 75 million Hong Kong dollars in cash and could immediately build ships. The shipping prices outside were high!
Schyoke smiled and said, "Please speak!"
Wu Guangyao nodded, and then said: "We want to keep the Blue Chimney transaction from being announced this time. Please keep it secret for the time being!"
"no problem!"
(End of this chapter)
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Chapter 419 [Blue Chimney is here! 】
On August 25, Cheung Kong Properties purchased the first property, a nine-story building in Central;
This building covers an area of 45,000 square feet, with a property area of 120,000 square feet, and costs 20 million Hong Kong dollars;
Before May of this year, the value was definitely around 38 million Hong Kong dollars, and now it has fallen by more than 40%.
Of course, if it weren’t for the man’s wrong analysis of the situation, Wu Guangyao wouldn’t be able to find this cheap.
Has a good beginning, and then Cheung Kong Real Estate is in a bad shape. In a month, it has taken down 12 old commercial buildings;
These commercial buildings are located in Western District, Sheung Wan, Central, Wan Chai, and Causeway Bay, with land areas ranging from 40,000 to 60,000 square feet;
Although these old commercial buildings are old, generally around 30 years old, they do not affect the use of them at all;
So these commercial buildings are very suitable for pickling, while renting out, while waiting for the opportunity to demolish and rebuild.
In order to purchase these old commercial buildings, Cheung Kong Real Estate has already spent 200 million Hong Kong dollars;
Although it is said that commercial land and commercial buildings have fallen by about 40% to 50%;
However, Hong Kong Island real estate increased by more than three or four times during the period from 1959 to 1965;
For example, in 1959, the price of an ordinary commercial land in Central was around 200 Hong Kong dollars per square foot;
After six years of rising, by 1965, the price had reached 600 Hong Kong dollars square feet.
has now fallen by 50%, which is also 300 Hong Kong dollars per square foot;
This is only the money for the land. If it is to buy an old commercial building, it must be calculated according to the floor area.
In terms of residential land:
Changshi Real Estate is no longer picky eaters, all old residential buildings and small residential land that can be demolished and rebuilt will be taken down;
The price is not to be caressed about, if it falls more than 55% beforehand, it can be won.
Naturally, this kind of action could not be concealed from the keen people on Hong Kong Island. Soon news of Wu Guangyao's wild dips spread;
Although this situation will restrain the decline of real estate to a certain extent, the impact is still insignificant compared to the current situation on Hong Kong Island.
Moreover, many people are already ready to watch Wu Guangyao's jokes!
The end of September.
Swire Pacific, Blue Chimney.
Looking at the depressed Blue Chimney Wharf, Wu Guangyao's mouth turned up. His goal is now Blue Chimney, and Wharf is the next one.
After knowing his mind, Wu Guangyao took Shi Jun to the office building of Blue Chimney and made an appointment to meet Shi Yueke.
This time speaking about Blue Chimney, it will not be smooth sailing, because Wu Guangyao and Swire Pacific still have business competition;
The two main competing companies are aircraft maintenance companies, aviation food, aviation services and other companies;
As for airlines, because the Hong Kong government assigns a north and south route, it is not a competitive relationship.
After a few greetings, everyone sat down in Schyoke’s office.
Wu Guangyao observed Schyoke’s office, the decoration was quite luxurious, and he seemed to be a person who knows how to enjoy it.
Syoke leaned back on the chair, with an expression that you were begging me, and said preconceivedly: "Mr. Wu, you are dissatisfied with that, Swire Pacific does not intend to sell blue chimneys."
Wu Guangyao shook his head and said confidently: "Mr. Schyoke, do you know? If I ask to enter the core management of HSBC at this time, they will all agree. Because there is nothing in this world that money cannot buy. ."
Wu Guangyao’s words are exaggerated, but they are facts;
HSBC's one-year profit, but only 120 million Hong Kong dollars;
The Global Group can bring them 200 million U.S. dollars in profits every year, a 10-fold gap is enough for HSBC to agree to any reasonable request from Wu Guangyao.
Because Wu Guangyao has the final say in Global Group, who controls the absolute holding;
If he offends Wu Guangyao, Wu Guangyao can go to the United States to find a bank to borrow a large amount of US dollars for himself, and then dilute the shares of HSBC.
Of course, this situation is only in the case of a fallout with HSBC, and it is basically impossible.
Schyoke pulled his body back against the chair, raised his brows, and said, "How much do you plan to pay?"
Wu Guangyao already has the answer, so he said directly: "50 million Hong Kong dollars!"
The price of Blue Chimney does not have a fixed number, and it will not be calculated on the basis of square feet, because it is the coastal land in the eastern tip of the sea and belongs to the ‘king of the land’.
Of course, although Wu Guangyao’s price is more than double the price of 130 million purchased by Zheng Yutong in 1970, it is at least sincere.
"Impossible! This land is the most beautiful land in Tsim Sha Tsui. Mr. Wu wants to win 50 million Hong Kong dollars, which is a bit too taken for granted. In fact, I admire Mr. Wu very much. I always like to take advantage of the cheap land prices. Buying the bottom arbitrarily; when the land price rises in the end, it will make a big profit." Shiyoke rebuffed, his tone somewhat sarcastic.
Schyoke thought to himself, although he did not know what the situation on Hong Kong Island would be like in the future, Wu Guangyao was obviously suspected of taking advantage of the land now.
Swire Pacific is cheap, is it so easy to pick up!
Wu Guangyao still has a smile on his face. For Wu Guangyao, Shi Yueke can accept as long as he agrees to sell the land to himself;
Because Schyoke didn’t understand the general trend, he didn’t understand how much the land could appreciate in the future.
"Mr. Shyok, I took a lot of risk by hunting down, and a large group of people outside were waiting to see my jokes. If Swire Pacific thinks that this kind of behavior is profitable, then I'm willing to take it with Swire Pacific to buy the bottom." Wu Guangyao Said.
"No need! We, Taikoo Foreign Firm, have no intention of entering the real estate industry for the time being." Shiyoke vetoed.
What a joke, Swire Pacific has zero experience in the real estate industry, and it frequently sold its land in the 1960s;
Even in the early 1970s, they will sell their land;
It was not until 1972 that Swire decided to enter the real estate industry.
Wu Guangyao said: "Mr. Schyoke will give a reasonable price!"
Schyoke’s heart at this time can be said to be very complicated. Blue Chimney is an important property of Swire International;
But Swire Pacific did intend to sell Blue Chimney, but it is not the current real estate downturn;
However, Swire Pacific was also pessimistic about the situation on Hong Kong Island at this time;
So when Wu Guangyao proposed to buy the blue chimney, Swire International did not refuse;
But they also agreed that they will never sell at a low price.
Rather than selling at a low price, it is better to hold it in your hand;
Furthermore, this piece of land is very important to Cheung Kong, and it can definitely be slaughtered.
Shiyoke thought for a while, and then said: "A price, 75 million Hong Kong dollars! If Mr. Wu disagrees, then the transaction will be terminated, and we will not sell the land when the real estate is low."
Wu Guangyao is still very happy at this time, because the price of 75 million Hong Kong dollars is within the range of his heart.
Still the same sentence, there is no standard for this land, it depends on whether you are determined to take it!
The pound is about to depreciate and the real estate is about to rise, so this price can be won;
If it were not for fear that Shiyoke thought he had agreed too quickly, he would regret it, and Wu Guangyao might have agreed on the spot.
"Mr. Shyok, I need to go back and discuss with the directors, can I have three days!"
"Please!"
After Wu Guangyao left, Shi York showed a smug expression!
Schyoke believes that Wu Guangyao is already tempted and that Cheung Kong will definitely win this piece of land. The high price of HK$7,500 is already at the peak of real estate in 1966.
It is equivalent to saying that this time Swire Pacific seized the opportunity that Cheung Kong Holdings wanted to develop and slaughtered a fortune!
so comfy!
Syoke couldn't help sighing, the Chinese has been suppressing all foreign firms for a long time, and now he can finally slaughter him once.
Syoke’s accident did not happen. Three days later, Wu Guangyao brought a lawyer to Swire Pacific and signed the Blue Chimney’s sales contract on the spot.
After signing the contract, Wu Guangyao said: "Mr. Schyoke, I have a gratuitous request. I hope you can get along with you!"
Syoke and the executives of Swire Pacific were in a good mood at this time. They received 75 million Hong Kong dollars in cash and could immediately build ships. The shipping prices outside were high!
Schyoke smiled and said, "Please speak!"
Wu Guangyao nodded, and then said: "We want to keep the Blue Chimney transaction from being announced this time. Please keep it secret for the time being!"
"no problem!"
(End of this chapter)
Chapter 419 Blue Chimney is here! On August 25, Cheung Kong Properties purchased the first property, a nine-story building in Central;This building covers an area of 45,000 square feet, with a property area of 120,000 square feet, and costs 20 million Hong Kong dollars;Before May of this year, the value was definitely around 38 million Hong Kong dollars, and now it has fallen by more than 40%.Of course, if it weren't for the man's wrong analysis of the situation, Wu Guangyao wouldn't be able to find this cheap.Has a good beginning, and then Cheung Kong Real Estate is in a bad shape. In a month, it has taken down 12 old commercial buildings;These commercial buildings are located in Western District, Sheung Wan, Central, Wan Chai, and Causeway Bay, with land areas ranging from 40,000 to 60,000 square feet;Although these old commercial buildings are old, generally around 30 years old, they do not affect the use of them at all;So these commercial buildings are very suitable for pickling, while renting out, while waiting for the opportunity to demolish and rebuild.In order to purchase these old commercial buildings, Cheung Kong Real Estate has already spent 200 million Hong Kong dollars;Although it is said that commercial land and commercial buildings have fallen by about 40% to 50%;However, Hong Kong Island real estate increased by more than three or four times during the period from 1959 to 1965;For example, in 1959, the price of an ordinary commercial land in Central was around 200 Hong Kong dollars per square foot;After six years of rising, by 1965, the price had reached 600 Hong Kong dollars square feet.has now fallen by 50%, which is also 300 Hong Kong dollars per square foot;This is only the money for the land. If it is to buy an old commercial building, it must be calculated according to the floor area.In terms of residential land:Changshi Real Estate is no longer picky eaters, all old residential buildings and small residential land that can be demolished and rebuilt will be taken down;The price is not to be caressed about, if it falls more than 55% beforehand, it can be won.Naturally, this kind of action could not be concealed from the keen people on Hong Kong Island. Soon news of Wu Guangyao's wild dips spread;Although this situation will restrain the decline of real estate to a certain extent, the impact is still insignificant compared to the current situation on Hong Kong Island.Moreover, many people are already ready to watch Wu Guangyao's jokes!The end of September.Swire Pacific, Blue Chimney.Looking at the depressed Blue Chimney Wharf, Wu Guangyao's mouth turned up. His goal is now Blue Chimney, and Wharf is the next one.After knowing his mind, Wu Guangyao took Shi Jun to the office building of Blue Chimney and made an appointment to meet Shi Yueke.This time speaking about Blue Chimney, it will not be smooth sailing, because Wu Guangyao and Swire Pacific still have business competition;The two main competing companies are aircraft maintenance companies, aviation food, aviation services and other companies;As for airlines, because the Hong Kong government assigns a north and south route, it is not a competitive relationship.After a few greetings, everyone sat down in Schyoke's office.Wu Guangyao observed Schyoke's office, the decoration was quite luxurious, and he seemed to be a person who knows how to enjoy it.Syoke leaned back on the chair, with an expression that you were begging me, and said preconceivedly: "Mr. Wu, you are dissatisfied with that, Swire Pacific does not intend to sell blue chimneys."Wu Guangyao shook his head and said confidently: "Mr. Schyoke, do you know? If I ask to enter the core management of HSBC at this time, they will all agree. Because there is nothing in this world that money cannot buy. ."Wu Guangyao's words are exaggerated, but they are facts;HSBC's one-year profit, but only 120 million Hong Kong dollars;The Global Group can bring them 200 million U.S. dollars in profits every year, a 10-fold gap is enough for HSBC to agree to any reasonable request from Wu Guangyao.Because Wu Guangyao has the final say in Global Group, who controls the absolute holding;If he offends Wu Guangyao, Wu Guangyao can go to the United States to find a bank to borrow a large amount of US dollars for himself, and then dilute the shares of HSBC.Of course, this situation is only in the case of a fallout with HSBC, and it is basically impossible.Schyoke pulled his body back against the chair, raised his brows, and said, "How much do you plan to pay?"Wu Guangyao already has the answer, so he said directly: "50 million Hong Kong dollars!"The price of Blue Chimney does not have a fixed number, and it will not be calculated on the basis of square feet, because it is the coastal land in the eastern tip of the sea and belongs to the king of the land'.Of course, although Wu Guangyao's price is more than double the price of 130 million purchased by Zheng Yutong in 1970, it is at least sincere."Impossible! This land is the most beautiful land in Tsim Sha Tsui. Mr. Wu wants to win 50 million Hong Kong dollars, which is a bit too taken for granted. In fact, I admire Mr. Wu very much. I always like to take advantage of the cheap land prices. Buying the bottom arbitrarily; when the land price rises in the end, it will make a big profit." Shiyoke rebuffed, his tone somewhat sarcastic.Schyoke thought to himself, although he did not know what the situation on Hong Kong Island would be like in the future, Wu Guangyao was obviously suspected of taking advantage of the land now.Swire Pacific is cheap, is it so easy to pick up!Wu Guangyao still has a smile on his face. For Wu Guangyao, Shi Yueke can accept as long as he agrees to sell the land to himself;Because Schyoke didn't understand the general trend, he didn't understand how much the land could appreciate in the future."Mr. Shyok, I took a lot of risk by hunting down, and a large group of people outside were waiting to see my jokes. If Swire Pacific thinks that this kind of behavior is profitable, then I'm willing to take it with Swire Pacific to buy the bottom." Wu Guangyao Said."No need! We, Taikoo Foreign Firm, have no intention of entering the real estate industry for the time being." Shiyoke vetoed.What a joke, Swire Pacific has zero experience in the real estate industry, and it frequently sold its land in the 1960s;Even in the early 1970s, they will sell their land;It was not until 1972 that Swire decided to enter the real estate industry.Wu Guangyao said: "Mr. Schyoke will give a reasonable price!"Schyoke's heart at this time can be said to be very complicated. Blue Chimney is an important property of Swire International;But Swire Pacific did intend to sell Blue Chimney, but it is not the current real estate downturn;However, Swire Pacific was also pessimistic about the situation on Hong Kong Island at this time;So when Wu Guangyao proposed to buy the blue chimney, Swire International did not refuse;But they also agreed that they will never sell at a low price.Rather than selling at a low price, it is better to hold it in your hand;Furthermore, this piece of land is very important to Cheung Kong, and it can definitely be slaughtered.Shiyoke thought for a while, and then said: "A price, 75 million Hong Kong dollars! If Mr. Wu disagrees, then the transaction will be terminated, and we will not sell the land when the real estate is low."Wu Guangyao is still very happy at this time, because the price of 75 million Hong Kong dollars is within the range of his heart.Still the same sentence, there is no standard for this land, it depends on whether you are determined to take it!The pound is about to depreciate and the real estate is about to rise, so this price can be won;If it were not for fear that Shiyoke thought he had agreed too quickly, he would regret it, and Wu Guangyao might have agreed on the spot."Mr. Shyok, I need to go back and discuss with the directors, can I have three days!""Please!"After Wu Guangyao left, Shi York showed a smug expression!Schyoke believes that Wu Guangyao is already tempted and that Cheung Kong will definitely win this piece of land. The high price of HK$7,500 is already at the peak of real estate in 1966.It is equivalent to saying that this time Swire Pacific seized the opportunity that Cheung Kong Holdings wanted to develop and slaughtered a fortune!so comfy!Syoke couldn't help sighing, the Chinese has been suppressing all foreign firms for a long time, and now he can finally slaughter him once.Syoke's accident did not happen. Three days later, Wu Guangyao brought a lawyer to Swire Pacific and signed the Blue Chimney's sales contract on the spot.After signing the contract, Wu Guangyao said: "Mr. Schyoke, I have a gratuitous request. I hope you can get along with you!"Syoke and the executives of Swire Pacific were in a good mood at this time. They received 75 million Hong Kong dollars in cash and could immediately build ships. The shipping prices outside were high!Schyoke smiled and said, "Please speak!"Wu Guangyao nodded, and then said: "We want to keep the Blue Chimney transaction from being announced this time. Please keep it secret for the time being!""no problem!"End of this chapter
