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Published at 25th of December 2023 05:13:42 AM


Chapter 434: [Plan ahead and change the industrial structure of Hong Kong Island!

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Chapter 434 [Plan ahead and change the industrial structure of Hong Kong Island! 】

After playing golf with his father-in-law, Wu Guangyao took a family of young and old at noon, and came to the Lin Mansion at No. 76 Deep Water Bay as a guest.

During the period, my brother-in-law Lin Hezhi said to Wu Guangyao: "Brother-in-law, I want to buy some more properties and land?"

Wu Guangyao frowned, Lin Hezhi immediately became nervous;

In the eyes of Lin Yongdong and Lin Hezhi, Wu Guangyao's majesty is even greater than Lin Youde, mainly because Wu Guangyao has a high position on Hong Kong Island.

Wu Guangyao said: "What's your reason?"

Lin Hezhi cautiously said: "I think you are optimistic about the real estate industry on Hong Kong Island, so I want to buy more bottoms."

Wu Guangyao said directly and unceremoniously: "Then you don’t have to invest any more money. Your behavior is no different from speculating customers. At present, you have bought 30 million Hong Kong dollars in funds. You should think about how to build and operate these properties. And land. After all, you are just getting into the industry, and you still have to take it step by step. If you take me as a weather vane, it is not easy to lose money. But the real estate industry is more than just buying low and selling high. Learn from the map. Rules, construction budgets, installment sales, advertising sales, all of which you have no experience, shouldn’t you learn first?"

Lin Youde nodded secretly when seeing his son-in-law educating his son. This is the real help to Lin Hezhi.

Lin Hezhi's face blushed, but he quickly said to Wu Guangyao: "Thank you brother-in-law for your guidance. I will definitely study real estate knowledge seriously."

Wu Guangyao nodded, just as my brother-in-law goes on the road!

There are many opportunities for bargaining in the future, but if you are going to buy bargains optically (still using Wu Guangyao as the weather vane), and if you don’t operate a real estate company honestly, sooner or later, your reputation will be affected due to poor management, or even bankruptcy.

For example, the later generations of Li Ka-shing, Li Shau-kee and others are not only good at bargaining, but the houses they built are also loved by the people of Hong Kong Island.

"Then I will test you! How do you plan to act? When?"

Wu Guangyao’s words made everyone in the Lin family concentrate. After all, this real estate company is the second industry of the family, which is quite the key.

Lin Youde handed over the family's secondary industry directly to the second son to operate it, and he didn't care about it!

Of course, the eldest son Lin Yongdong also has shares, but he is not involved in the operation.

Lin Hezhi said: “I plan to develop residential buildings from those sites in Tsuen Wan when the real estate rebound starts.”

Wu Guangyao directly shook his head and said: "At this time, the labor and commodity prices in Hong Kong are in the rising stage, and will rise sharply; you are not short of construction funds, why not take the labor and commodity prices to develop now when the prices are still cheap. Two or three real estate, this can save a lot of costs. And because you have your own funds, you can put the developed house in your hands, wait for the housing price to recover or rise to the ideal price, and then start to sell. In this way, you It saves construction costs and can sell the house at a high price."

Wu Guangyao’s words made everyone in the room immediately feel that Wu Guangyao’s unpredictable and unpredictable words can be regarded as the most plausible quote by everyone.

Lin Hezhi reacted and said quickly: "Brother-in-law is right, I will prepare soon!"

Wu Guangyao nodded and continued to instruct: "Since you are planning to develop the chassis of Tsuen Wan, then I ask you, what size of residence should be developed?"

Lin Hezhi is very excited. My brother-in-law is in a good mood today, and he actually wants to call himself so much.

Lin Hezhi thought for a while and boldly said: “Tsuen Wan is full of workers and poor people, so I think we should develop residential units ranging from 600 square feet to 800 square feet.”

Wu Guangyao said: "It's big! You say you are poor, shouldn't it be smaller! 400 square feet to 600 square feet is enough!"

When returning to Villa 79 in Deep Water Bay, Wu Guangyao's face was sad, which Lin Yueru could tell at a glance;

Lin Yueru did not say anything, but when she returned to the villa, when Wu Guangyao walked into the study, Lin Yueru walked in with tea and fruit.

Wu Guangyao sat in a chair, closed his eyes and meditated, feeling a pair of gentle hands, gently massaging his head, and suddenly felt a lot of comfort.

"Second brother, are you embarrassed?" Lin Yueru said softly.

"No, how could that little thing embarrass me!" Wu Guangyao said.

Lin Yueru breathed a sigh of relief. It wasn't her natal family that caused her husband to have a headache.

"Then why do you seem unhappy?"

Wu Guangyao heard Lin Yueru's question, and he wanted to find someone to talk to him.

"I am worried about one thing. Hong Kong Island has developed well in recent years, but the real estate business has developed the best. Everyone is going to do real estate. With the help of the Hong Kong government, I am worried that Hong Kong Island's real estate will rise in the future. To a terrible height. By then, people will have to bear decades of debt to buy a house, and the pressure will greatly increase. And I, the largest landlord on Hong Kong Island, may be the primary target pointed by Qianfu."

Wu Guangyao confided his worries to Lin Yueru!

Lin Yueru had to sigh that the greatness of her husband is not so much that she is worried about being accused, it is better to say that she is worried about the future of Hong Kong Island!

How can capitalists not be blamed by the poor? It's commonplace. In society, people who hate the rich don't know where they are, so can they take care of them?

Lin Yueru comforted: "If you don't do real estate, someone will always do it; if we do real estate, at least we can have a conscience. In the past few years, some real estate developers collected the down payment for the off-plan property, and then deliberately failed to make some conscience money; As well as the quality and layout of the house, we all do the best. It can be said that few people who bought our house regret it."

After listening to Wu Guangyao with a lot of comfort, for a long time, he said seriously: "The real estate industry is the general trend of Hong Kong Island. I really can't interfere. But I think I can still add some high value-added and high-tech industries to the economy of Hong Kong Island. I did it. So one of my future directions is to add new industries and inject new vitality into Hong Kong Island’s economy. Maybe it’s ten years, maybe twenty years. I believe I will be able to develop Hong Kong Island’s economy in an all-round way. Make an effort of your own."

In fact, Wu Guangyao has added too many industries to Hong Kong Island that were not previously available in history, and has made great contributions to the economy of Hong Kong Island;

For example, in shipping, Global Shipping has 7,000 seafarers and 3,000 administrative staff, and Global Shipping’s revenue comes from overseas. It is much stronger than the original historical Bao Yugang and others. I don’t know how many times stronger it is. Naturally, it is also from Hong Kong Island. The economy has injected strong momentum.

For example, Zipper, Zipper Group has 7,000 employees on Hong Kong Island, and Zipper Group also earns all foreign exchange, which is naturally a source of Hong Kong Island’s economy that has never been in history.

And Wu Guangyao's other group companies all earn a large proportion of foreign exchange. Therefore, because of the emergence of Wu Guangyao, the economic institutions and total value of Hong Kong Island are better than the original history by at least 20%.

In fact, Wu Guangyao was a bit worried at this time!

The industries of ready-made garments, houses, toys, plastics, umbrellas, etc. on Hong Kong Island can last until the 1990s before they will gradually lose their competitiveness.

During this period, the economic structure of Hong Kong Island has no major problems.

However, people who have no vision must have immediate worries, and many things need to be arranged.

So, Wu Guangyao has decided to lay out the future economic structure of Hong Kong Island;

Hong Kong Island is the basic board of the Wu family. Only the better the Hong Kong Island, the more stable the Wu family can stand in the world;

This is what Wu Guangyao always thinks!

So what is the layout method?

Wu Guangyao intends to set up a team to help himself as a staff member!

Of course, Wu Guangyao also has some plans;

For example, Lenovo Group has transferred some electrical and electronic businesses to Hong Kong Island. For example, Baiyou Group’s retail and branded clothing have increased its efforts to go global, and Oriental Media’s animation and movie output.

And these measures are inseparable from a word, that is ‘talent’.

It seems that I have to make some reforms to the universities on Hong Kong Island, and the science disciplines need to be increased!

It's a big game of chess, Wu Guangyao feels a little headache, it seems that a team should be set up soon.

(End of this chapter)




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