Chapter 519: [The city is full of Wu's properties 3]
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Chapter 519 [The city is full of Wu's properties 3]
Wu Guangyao and a group of real estate executives, from Hung Hom Crane Garden-Whampoa Dock (Hung Hom)-Yangtze River Center (Tsim Sha Tsui)-New World Center (Tsim Sha Tsui), browsed and enjoyed sightseeing;
However, these only occupy about one-fifth of the coastline of the Kowloon Peninsula;
Leaving the New World Center and passing the Peninsula Hotel;
Speaking of it, although the Peninsula Hotel is not on the edge of the sea;
But because in the 1920s, the Peninsula Hotel and the Hong Kong Government signed an agreement to ensure the sea view of the Peninsula Hotel;
So the front of the Peninsula Hotel is close to the sea, and the Hong Kong government builds some art galleries and cultural centers, and the property is not high;
However, it does not mean that there are no tall buildings in front of the Peninsula Hotel. The New World Center is located diagonally in front of the Peninsula Hotel.
Everyone came to the Galaxy Center, which was about to be completed. The Galaxy Center was built by Wu Guangyao's auction of the "King of Land" in Kowloon in 1969;
The geographical position is on the east side of the intersection of Salisbury Road and Kowloon Park Drive, that is, on the west side of the Peninsula Hotel.
So, the Kadoorie family was very nervous at the beginning, for fear that Wu Guangyao would build another luxury hotel on this 133,000-square-foot piece of land.
In the end, Wu Guangyao decided to build a commercial shopping plaza-Galaxy Center;
Xinghe Center is composed of three 20-storey buildings. The three buildings are two horizontal and one vertical, forming a "kou" character, but there is less than one vertical on the left.
After completion, the first to seventh floors will be shopping malls, and the eight to twentieth floors will be commercial office buildings.
Because of its geographical location, the Galaxy Center is a key commercial zone in the tourist area of Tsim Sha Tsui;
It can be imagined that the shops here will be absolutely expensive in the future;
Star River Center is the home ownership of Cheung Kong Real Estate, all properties are rented but not sold;
In addition to the Galaxy Center, the Wu family funds have also invested in the Cheung Kong Building on the “Land King” in Central in the past few years;
In these two places, the bare land is 500 million Hong Kong dollars, and the construction cost is more than 600 million Hong Kong dollars. They are two big projects!
"In the next year, preparations for the business promotion of shops are about to begin!" Wu Guangyao said, looking at the already-capped Galaxy Center.
Xiu Yanbing, President of Cheung Kong Real Estate, nodded and said, "Well, it is estimated that the renovation will be completed before July of the second half of the year, which is three months shorter than the original schedule! In February, I will set up a business management center to ensure that preparations will be made in five months. , It can open in summer vacation!"
Wu Guangyao said: "Call the management of the Commercial Management Center to talk more about some international brands. Many of the consumers in this area are tourists and the consumption level is very high! Moreover, Hong Kong does not have any taxes, and many products are cheaper than the producing countries. It's a big advantage!"
Xiu Yanbing replied: "Well, I will remind the management of the Commercial Management Center!"
At this time, Hong Kong has already enjoyed a good reputation in the world, and the world's big names have chosen to live in;
Then Tsim Sha Tsui is their first choice, this is a tourist area!
Leaving the Galaxy Center, two minutes after the car started, we arrived at the Starlight Building;
Star House is located on the west side of the intersection of Salisbury Road and Canton Road, with the Harbour City backed by Wharf and only 100 meters away from the Star Ferry;
Especially the geographical conditions close to the Star Ferry Pier make the shops of Starlight Building high value;
It is important to know that nearly 80,000 people take the Star Ferry every day, and many of these people need to pass through Salisbury Road in front of the Star Building.
In the past few years, Cheung Kong Real Estate has almost paid back its costs by relying solely on rent collection of Starlight Properties!
You must know that the Starlight Building was purchased by Wu Guangyao from Fok Yingdong in November 1967 and spent 45 million Hong Kong dollars. It has only been 4 years;
A huge profit!
The historical land company bought it from Huo Yingdong for only HK$30 million;
Just cost, Huo Yingdong lost 20 million Hong Kong dollars, and the value of the loss in the later period is even more immeasurable.
Fate too!
If it were not for Huo Yingdong’s serious ZZ tendency, the Huo family’s commercial achievements in the previous life would not be lower than the four major families;
Because Huo Yingdong is a business genius himself, selling off-plan properties, speculating in pre-completed projects, and contracting large-scale projects all show that he has a strong business ability!
A smarter businessman knows that there should be no excessive tendency on both sides, this is a clear and wise protection;
For example, the four big families in the previous life, that is not a double bet.
Although Wu Guangyao was a star line with 45 million Hong Kong dollars, from the perspective of the time, Huo Yingdong felt that Wu Guangyao was helping him;
Because he was on Hong Kong Island at the time, only Wu Guangyao was not afraid to offend the Yihe Foreign Company and the Hong Kong Government!
Starlight Walk and Harbour City are next to each other, so everyone is ready to walk into Harbour City!
As soon as he arrived at the entrance, Wu Guangyao said, "Here are five flagpoles designed for me! From now on, the flags of the five most powerful local group companies under my umbrella will be raised every year! Let the tourists on the entire Victoria Harbour see, our Demeanor!"
Everyone was shocked, and suddenly felt a kind of glory!
The group companies that can raise the banner here, I am afraid that every group is not weak to the existence of HSBC and Jardine Matheson, and even internal competition is very fierce;
If Hong Kong Island wants to come up with a company ranking, the top ten companies, except for HSBC, Jardine, Hutchison, and Swire, the rest are probably owned by the boss!
The first place, Universal Group, there is no doubt; 20 million tons of deadweight vessels, 42 modern container terminals, 16 Boeing airliners. There are hundreds of subsidiaries; more importantly, revenue and profit, HSBC and The four major foreign firms add up to be incomparable.
Second place, Zipper Group, last year (1971) made a profit of 100 million US dollars (600 million Hong Kong dollars), while HSBC Bank only 300 million Hong Kong dollars;
The third place is very controversial. Wu Guangyao's Cheung Kong Holdings and Baiyou Group have annual profits of more than 300 million Hong Kong dollars, while HSBC also has 300 million Hong Kong dollars in profits. Generally speaking, the three groups are similar.
The sixth place, there are also controversies, that is, Oriental Media Group and Jardine Matheson. Both companies have annual profits of about 200 million Hong Kong dollars.
The eighth place, Hutchison Co., Ltd.
Ninth place, Everbright Group
Tenth place, Swire International
Star Hotel Group is registered in the United States, Lenovo Group is registered in Japan, Metro Group is the boss and lover, so these three companies are not included in this list;
And Cheung Kong Real Estate is equivalent to a private company, and there is a certain degree of confidentiality, so it is not included here;
A large part of the Everbright Group is also the owner’s personal funds and investments, which are also undervalued assets.
Otherwise, there is absolutely no other company in the top five on Hong Kong Island!
According to this, the first companies that raised the banner were Universal Group, Zipper Group, Baiyou Group, Cheung Kong Holdings, and Oriental Media.
"I just called someone to design recently!" Shi Jun replied.
Wu Guangyao nodded, and then said: "This year, we will raise the banners of Universal Group, Zipper Group, Cheung Kong Holdings, Baiyou Group, Oriental Media! But if the flagpole is built, if the Hong Kong government has any opinions, please let them. !"
Arms can’t twist the thighs, there is no need to argue with the Hong Kong government for such trivial matters!
Besides, the national flag will definitely be raised here in the future!
A group of people came to Wharf. At present, the area of Wharf’s development commercial land is about 100 square feet, including 460,000 square feet in Harbour City and 500,000 square feet in Ocean Terminal.
The entire project is expected to be completed in 1976, four years ahead of the original plan;
Four years in advance, one advantage is that the construction cost is expected to drop from 2 billion Hong Kong dollars to 1.6 billion Hong Kong dollars, saving 400 million Hong Kong dollars;
There are also many ‘disadvantages’. The Wharf Group’s current debt is as high as 500 million Hong Kong dollars. Assuming that once the property plummets, Wharf may be ‘thunderstorm’;
What Wu Guangyao wants is the thunderstorm in Wharf, and then privatize Wharf at the least cost.
"Wharf is the real big project! Look at the land over there, there is a full 2 million square feet of land, which can be developed for commercial projects. If all developments are successful, I am afraid that a wharf can reach the New World Center. Yangtze River Center and Changhe Center (Singapore), three commercial entities! By then, this will be the most profitable place in Hong Kong, but it is a pity that Jardine International does not know the goods!"
In fact, the Long River Center in Singapore is also quite big!
Shi Jun said: "From the eyes of the boss, it is naturally like this; but from the eyes of Jardine International, they only see the high construction costs and the unstable environment; most importantly, they have no blood transfusion capabilities!"
Wu Guangyao smiled and said, "Wharf is in my hands, it's not because of debts!"
Everyone laughed, and these high-level officials probably all guessed Wu Guangyao's thoughts!
But everyone also has a question in their hearts, that is, does the boss really worry about the environment?
It is like meeting the real estate plummet caused by the ‘supply exceeding demand’ in 1959, and everyone feels that real estate will still rise;
But in the face of the ‘ZZ crisis’ of 1967, does the boss really worry about taking back Hong Kong Island?
Is this the question everyone has always been asking?
But naturally everyone will not ask!
(End of this chapter)
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Chapter 519 [The city is full of Wu's properties 3]
Wu Guangyao and a group of real estate executives, from Hung Hom Crane Garden-Whampoa Dock (Hung Hom)-Yangtze River Center (Tsim Sha Tsui)-New World Center (Tsim Sha Tsui), browsed and enjoyed sightseeing;
However, these only occupy about one-fifth of the coastline of the Kowloon Peninsula;
Leaving the New World Center and passing the Peninsula Hotel;
Speaking of it, although the Peninsula Hotel is not on the edge of the sea;
But because in the 1920s, the Peninsula Hotel and the Hong Kong Government signed an agreement to ensure the sea view of the Peninsula Hotel;
So the front of the Peninsula Hotel is close to the sea, and the Hong Kong government builds some art galleries and cultural centers, and the property is not high;
However, it does not mean that there are no tall buildings in front of the Peninsula Hotel. The New World Center is located diagonally in front of the Peninsula Hotel.
Everyone came to the Galaxy Center, which was about to be completed. The Galaxy Center was built by Wu Guangyao's auction of the "King of Land" in Kowloon in 1969;
The geographical position is on the east side of the intersection of Salisbury Road and Kowloon Park Drive, that is, on the west side of the Peninsula Hotel.
So, the Kadoorie family was very nervous at the beginning, for fear that Wu Guangyao would build another luxury hotel on this 133,000-square-foot piece of land.
In the end, Wu Guangyao decided to build a commercial shopping plaza-Galaxy Center;
Xinghe Center is composed of three 20-storey buildings. The three buildings are two horizontal and one vertical, forming a "kou" character, but there is less than one vertical on the left.
After completion, the first to seventh floors will be shopping malls, and the eight to twentieth floors will be commercial office buildings.
Because of its geographical location, the Galaxy Center is a key commercial zone in the tourist area of Tsim Sha Tsui;
It can be imagined that the shops here will be absolutely expensive in the future;
Star River Center is the home ownership of Cheung Kong Real Estate, all properties are rented but not sold;
In addition to the Galaxy Center, the Wu family funds have also invested in the Cheung Kong Building on the “Land King” in Central in the past few years;
In these two places, the bare land is 500 million Hong Kong dollars, and the construction cost is more than 600 million Hong Kong dollars. They are two big projects!
"In the next year, preparations for the business promotion of shops are about to begin!" Wu Guangyao said, looking at the already-capped Galaxy Center.
Xiu Yanbing, President of Cheung Kong Real Estate, nodded and said, "Well, it is estimated that the renovation will be completed before July of the second half of the year, which is three months shorter than the original schedule! In February, I will set up a business management center to ensure that preparations will be made in five months. , It can open in summer vacation!"
Wu Guangyao said: "Call the management of the Commercial Management Center to talk more about some international brands. Many of the consumers in this area are tourists and the consumption level is very high! Moreover, Hong Kong does not have any taxes, and many products are cheaper than the producing countries. It's a big advantage!"
Xiu Yanbing replied: "Well, I will remind the management of the Commercial Management Center!"
At this time, Hong Kong has already enjoyed a good reputation in the world, and the world's big names have chosen to live in;
Then Tsim Sha Tsui is their first choice, this is a tourist area!
Leaving the Galaxy Center, two minutes after the car started, we arrived at the Starlight Building;
Star House is located on the west side of the intersection of Salisbury Road and Canton Road, with the Harbour City backed by Wharf and only 100 meters away from the Star Ferry;
Especially the geographical conditions close to the Star Ferry Pier make the shops of Starlight Building high value;
It is important to know that nearly 80,000 people take the Star Ferry every day, and many of these people need to pass through Salisbury Road in front of the Star Building.
In the past few years, Cheung Kong Real Estate has almost paid back its costs by relying solely on rent collection of Starlight Properties!
You must know that the Starlight Building was purchased by Wu Guangyao from Fok Yingdong in November 1967 and spent 45 million Hong Kong dollars. It has only been 4 years;
A huge profit!
The historical land company bought it from Huo Yingdong for only HK$30 million;
Just cost, Huo Yingdong lost 20 million Hong Kong dollars, and the value of the loss in the later period is even more immeasurable.
Fate too!
If it were not for Huo Yingdong’s serious ZZ tendency, the Huo family’s commercial achievements in the previous life would not be lower than the four major families;
Because Huo Yingdong is a business genius himself, selling off-plan properties, speculating in pre-completed projects, and contracting large-scale projects all show that he has a strong business ability!
A smarter businessman knows that there should be no excessive tendency on both sides, this is a clear and wise protection;
For example, the four big families in the previous life, that is not a double bet.
Although Wu Guangyao was a star line with 45 million Hong Kong dollars, from the perspective of the time, Huo Yingdong felt that Wu Guangyao was helping him;
Because he was on Hong Kong Island at the time, only Wu Guangyao was not afraid to offend the Yihe Foreign Company and the Hong Kong Government!
Starlight Walk and Harbour City are next to each other, so everyone is ready to walk into Harbour City!
As soon as he arrived at the entrance, Wu Guangyao said, "Here are five flagpoles designed for me! From now on, the flags of the five most powerful local group companies under my umbrella will be raised every year! Let the tourists on the entire Victoria Harbour see, our Demeanor!"
Everyone was shocked, and suddenly felt a kind of glory!
The group companies that can raise the banner here, I am afraid that every group is not weak to the existence of HSBC and Jardine Matheson, and even internal competition is very fierce;
If Hong Kong Island wants to come up with a company ranking, the top ten companies, except for HSBC, Jardine, Hutchison, and Swire, the rest are probably owned by the boss!
The first place, Universal Group, there is no doubt; 20 million tons of deadweight vessels, 42 modern container terminals, 16 Boeing airliners. There are hundreds of subsidiaries; more importantly, revenue and profit, HSBC and The four major foreign firms add up to be incomparable.
Second place, Zipper Group, last year (1971) made a profit of 100 million US dollars (600 million Hong Kong dollars), while HSBC Bank only 300 million Hong Kong dollars;
The third place is very controversial. Wu Guangyao's Cheung Kong Holdings and Baiyou Group have annual profits of more than 300 million Hong Kong dollars, while HSBC also has 300 million Hong Kong dollars in profits. Generally speaking, the three groups are similar.
The sixth place, there are also controversies, that is, Oriental Media Group and Jardine Matheson. Both companies have annual profits of about 200 million Hong Kong dollars.
The eighth place, Hutchison Co., Ltd.
Ninth place, Everbright Group
Tenth place, Swire International
Star Hotel Group is registered in the United States, Lenovo Group is registered in Japan, Metro Group is the boss and lover, so these three companies are not included in this list;
And Cheung Kong Real Estate is equivalent to a private company, and there is a certain degree of confidentiality, so it is not included here;
A large part of the Everbright Group is also the owner’s personal funds and investments, which are also undervalued assets.
Otherwise, there is absolutely no other company in the top five on Hong Kong Island!
According to this, the first companies that raised the banner were Universal Group, Zipper Group, Baiyou Group, Cheung Kong Holdings, and Oriental Media.
"I just called someone to design recently!" Shi Jun replied.
Wu Guangyao nodded, and then said: "This year, we will raise the banners of Universal Group, Zipper Group, Cheung Kong Holdings, Baiyou Group, Oriental Media! But if the flagpole is built, if the Hong Kong government has any opinions, please let them. !"
Arms can’t twist the thighs, there is no need to argue with the Hong Kong government for such trivial matters!
Besides, the national flag will definitely be raised here in the future!
A group of people came to Wharf. At present, the area of Wharf’s development commercial land is about 100 square feet, including 460,000 square feet in Harbour City and 500,000 square feet in Ocean Terminal.
The entire project is expected to be completed in 1976, four years ahead of the original plan;
Four years in advance, one advantage is that the construction cost is expected to drop from 2 billion Hong Kong dollars to 1.6 billion Hong Kong dollars, saving 400 million Hong Kong dollars;
There are also many ‘disadvantages’. The Wharf Group’s current debt is as high as 500 million Hong Kong dollars. Assuming that once the property plummets, Wharf may be ‘thunderstorm’;
What Wu Guangyao wants is the thunderstorm in Wharf, and then privatize Wharf at the least cost.
"Wharf is the real big project! Look at the land over there, there is a full 2 million square feet of land, which can be developed for commercial projects. If all developments are successful, I am afraid that a wharf can reach the New World Center. Yangtze River Center and Changhe Center (Singapore), three commercial entities! By then, this will be the most profitable place in Hong Kong, but it is a pity that Jardine International does not know the goods!"
In fact, the Long River Center in Singapore is also quite big!
Shi Jun said: "From the eyes of the boss, it is naturally like this; but from the eyes of Jardine International, they only see the high construction costs and the unstable environment; most importantly, they have no blood transfusion capabilities!"
Wu Guangyao smiled and said, "Wharf is in my hands, it's not because of debts!"
Everyone laughed, and these high-level officials probably all guessed Wu Guangyao's thoughts!
But everyone also has a question in their hearts, that is, does the boss really worry about the environment?
It is like meeting the real estate plummet caused by the ‘supply exceeding demand’ in 1959, and everyone feels that real estate will still rise;
But in the face of the ‘ZZ crisis’ of 1967, does the boss really worry about taking back Hong Kong Island?
Is this the question everyone has always been asking?
But naturally everyone will not ask!
(End of this chapter)
Chapter 519 The city is full of Wu's properties 3Wu Guangyao and a group of real estate executives, from Hung Hom Crane Garden-Whampoa Dock Hung Hom-Yangtze River Center Tsim Sha Tsui-New World Center Tsim Sha Tsui, browsed and enjoyed sightseeing;However, these only occupy about one-fifth of the coastline of the Kowloon Peninsula;Leaving the New World Center and passing the Peninsula Hotel;Speaking of it, although the Peninsula Hotel is not on the edge of the sea;But because in the 1920s, the Peninsula Hotel and the Hong Kong Government signed an agreement to ensure the sea view of the Peninsula Hotel;So the front of the Peninsula Hotel is close to the sea, and the Hong Kong government builds some art galleries and cultural centers, and the property is not high;However, it does not mean that there are no tall buildings in front of the Peninsula Hotel. The New World Center is located diagonally in front of the Peninsula Hotel.Everyone came to the Galaxy Center, which was about to be completed. The Galaxy Center was built by Wu Guangyao's auction of the "King of Land" in Kowloon in 1969;The geographical position is on the east side of the intersection of Salisbury Road and Kowloon Park Drive, that is, on the west side of the Peninsula Hotel.So, the Kadoorie family was very nervous at the beginning, for fear that Wu Guangyao would build another luxury hotel on this 133,000-square-foot piece of land.In the end, Wu Guangyao decided to build a commercial shopping plaza-Galaxy Center;Xinghe Center is composed of three 20-storey buildings. The three buildings are two horizontal and one vertical, forming a "kou" character, but there is less than one vertical on the left.After completion, the first to seventh floors will be shopping malls, and the eight to twentieth floors will be commercial office buildings.Because of its geographical location, the Galaxy Center is a key commercial zone in the tourist area of Tsim Sha Tsui;It can be imagined that the shops here will be absolutely expensive in the future;Star River Center is the home ownership of Cheung Kong Real Estate, all properties are rented but not sold;In addition to the Galaxy Center, the Wu family funds have also invested in the Cheung Kong Building on the Land King in Central in the past few years;In these two places, the bare land is 500 million Hong Kong dollars, and the construction cost is more than 600 million Hong Kong dollars. They are two big projects!"In the next year, preparations for the business promotion of shops are about to begin!" Wu Guangyao said, looking at the already-capped Galaxy Center.Xiu Yanbing, President of Cheung Kong Real Estate, nodded and said, "Well, it is estimated that the renovation will be completed before July of the second half of the year, which is three months shorter than the original schedule! In February, I will set up a business management center to ensure that preparations will be made in five months. , It can open in summer vacation!"Wu Guangyao said: "Call the management of the Commercial Management Center to talk more about some international brands. Many of the consumers in this area are tourists and the consumption level is very high! Moreover, Hong Kong does not have any taxes, and many products are cheaper than the producing countries. It's a big advantage!"Xiu Yanbing replied: "Well, I will remind the management of the Commercial Management Center!"At this time, Hong Kong has already enjoyed a good reputation in the world, and the world's big names have chosen to live in;Then Tsim Sha Tsui is their first choice, this is a tourist area!Leaving the Galaxy Center, two minutes after the car started, we arrived at the Starlight Building;Star House is located on the west side of the intersection of Salisbury Road and Canton Road, with the Harbour City backed by Wharf and only 100 meters away from the Star Ferry;Especially the geographical conditions close to the Star Ferry Pier make the shops of Starlight Building high value;It is important to know that nearly 80,000 people take the Star Ferry every day, and many of these people need to pass through Salisbury Road in front of the Star Building.In the past few years, Cheung Kong Real Estate has almost paid back its costs by relying solely on rent collection of Starlight Properties!You must know that the Starlight Building was purchased by Wu Guangyao from Fok Yingdong in November 1967 and spent 45 million Hong Kong dollars. It has only been 4 years;A huge profit!The historical land company bought it from Huo Yingdong for only HK$30 million;Just cost, Huo Yingdong lost 20 million Hong Kong dollars, and the value of the loss in the later period is even more immeasurable.Fate too!If it were not for Huo Yingdong's serious ZZ tendency, the Huo family's commercial achievements in the previous life would not be lower than the four major families;Because Huo Yingdong is a business genius himself, selling off-plan properties, speculating in pre-completed projects, and contracting large-scale projects all show that he has a strong business ability!A smarter businessman knows that there should be no excessive tendency on both sides, this is a clear and wise protection;For example, the four big families in the previous life, that is not a double bet.Although Wu Guangyao was a star line with 45 million Hong Kong dollars, from the perspective of the time, Huo Yingdong felt that Wu Guangyao was helping him;Because he was on Hong Kong Island at the time, only Wu Guangyao was not afraid to offend the Yihe Foreign Company and the Hong Kong Government!Starlight Walk and Harbour City are next to each other, so everyone is ready to walk into Harbour City!As soon as he arrived at the entrance, Wu Guangyao said, "Here are five flagpoles designed for me! From now on, the flags of the five most powerful local group companies under my umbrella will be raised every year! Let the tourists on the entire Victoria Harbour see, our Demeanor!"Everyone was shocked, and suddenly felt a kind of glory!The group companies that can raise the banner here, I am afraid that every group is not weak to the existence of HSBC and Jardine Matheson, and even internal competition is very fierce;If Hong Kong Island wants to come up with a company ranking, the top ten companies, except for HSBC, Jardine, Hutchison, and Swire, the rest are probably owned by the boss!The first place, Universal Group, there is no doubt; 20 million tons of deadweight vessels, 42 modern container terminals, 16 Boeing airliners. There are hundreds of subsidiaries; more importantly, revenue and profit, HSBC and The four major foreign firms add up to be incomparable.Second place, Zipper Group, last year 1971 made a profit of 100 million US dollars 600 million Hong Kong dollars, while HSBC Bank only 300 million Hong Kong dollars;The third place is very controversial. Wu Guangyao's Cheung Kong Holdings and Baiyou Group have annual profits of more than 300 million Hong Kong dollars, while HSBC also has 300 million Hong Kong dollars in profits. Generally speaking, the three groups are similar.The sixth place, there are also controversies, that is, Oriental Media Group and Jardine Matheson. Both companies have annual profits of about 200 million Hong Kong dollars.The eighth place, Hutchison Co., Ltd.Ninth place, Everbright GroupTenth place, Swire InternationalStar Hotel Group is registered in the United States, Lenovo Group is registered in Japan, Metro Group is the boss and lover, so these three companies are not included in this list;And Cheung Kong Real Estate is equivalent to a private company, and there is a certain degree of confidentiality, so it is not included here;A large part of the Everbright Group is also the owner's personal funds and investments, which are also undervalued assets.Otherwise, there is absolutely no other company in the top five on Hong Kong Island!According to this, the first companies that raised the banner were Universal Group, Zipper Group, Baiyou Group, Cheung Kong Holdings, and Oriental Media."I just called someone to design recently!" Shi Jun replied.Wu Guangyao nodded, and then said: "This year, we will raise the banners of Universal Group, Zipper Group, Cheung Kong Holdings, Baiyou Group, Oriental Media! But if the flagpole is built, if the Hong Kong government has any opinions, please let them. !"Arms can't twist the thighs, there is no need to argue with the Hong Kong government for such trivial matters!Besides, the national flag will definitely be raised here in the future!A group of people came to Wharf. At present, the area of Wharf's development commercial land is about 100 square feet, including 460,000 square feet in Harbour City and 500,000 square feet in Ocean Terminal.The entire project is expected to be completed in 1976, four years ahead of the original plan;Four years in advance, one advantage is that the construction cost is expected to drop from 2 billion Hong Kong dollars to 1.6 billion Hong Kong dollars, saving 400 million Hong Kong dollars;There are also many disadvantages'. The Wharf Group's current debt is as high as 500 million Hong Kong dollars. Assuming that once the property plummets, Wharf may be thunderstorm';What Wu Guangyao wants is the thunderstorm in Wharf, and then privatize Wharf at the least cost."Wharf is the real big project! Look at the land over there, there is a full 2 million square feet of land, which can be developed for commercial projects. If all developments are successful, I am afraid that a wharf can reach the New World Center. Yangtze River Center and Changhe Center Singapore, three commercial entities! By then, this will be the most profitable place in Hong Kong, but it is a pity that Jardine International does not know the goods!"In fact, the Long River Center in Singapore is also quite big!Shi Jun said: "From the eyes of the boss, it is naturally like this; but from the eyes of Jardine International, they only see the high construction costs and the unstable environment; most importantly, they have no blood transfusion capabilities!"Wu Guangyao smiled and said, "Wharf is in my hands, it's not because of debts!"Everyone laughed, and these high-level officials probably all guessed Wu Guangyao's thoughts!But everyone also has a question in their hearts, that is, does the boss really worry about the environment?It is like meeting the real estate plummet caused by the supply exceeding demand' in 1959, and everyone feels that real estate will still rise;But in the face of the ZZ crisis' of 1967, does the boss really worry about taking back Hong Kong Island?Is this the question everyone has always been asking?But naturally everyone will not ask!End of this chapter
