I Want To Be a Rich Man on Hong Kong Island
Chapter 420 [Harvest]
Since October, Cheung Kong Real Estate has sold two to three properties every day, but they are all land and properties with a small footprint;
Of course, no matter how small a mosquito is, it is still meat;
Besides, the development of such a small site is the normal state of Hong Kong Island's future real estate industry;
A real big land is something that can be met but not sought after!
Otherwise, Hong Kong Island in the 1970s and 1980s would not have had so many hostile takeovers of established companies.
Established companies have large land reserves, if you do not develop real estate;
Then there are emerging real estate companies that will challenge this established company—hostile takeover.
This time Wu Guangyao ate meat, so naturally some people drank soup;
The four major families of the later generations all mobilized one after another. Although they have little funds, they can still buy a lot of land.
But how could these people be as smart as Changshi Real Estate!
At this time, the role of Cheung Kong Real Estate's branches in Toronto, San Francisco, Singapore and other places is reflected.
The Chinese have two very important strongholds in the Americas, Toronto in Canada and San Francisco in the United States. These two places are the priority cities for Chinese immigrants.
The Toronto and San Francisco branches of Cheung Kong Real Estate immediately took action after receiving a call from the headquarters.
Cheung Kong Real Estate advertised in local newspapers and radio stations to acquire Chinese property in Hong Kong Island;
You can trade without going back to Hong Kong Island, saving time and effort, and it's safe!
Of course, both the buyer and the seller of this transaction must have a lawyer present;
But it is always safer and easier than going back to Hong Kong Island for transactions, so many Chinese soon sold properties on Hong Kong Island to Cheung Kong Real Estate.
Wu Guangyao was immersed in every transaction, and only he could understand the feeling in his heart!
A tenement building with an area of 20,000 square feet, Cheung Kong Real Estate can take it for only 1 million Hong Kong dollars (buying and selling according to the floor area of the old building);
If it is demolished and rebuilt, a property of 250,000 square feet can be built;
At 1970 house prices,
Can sell 20 million Hong Kong dollars;
Based on the house price in 1980, it can be sold for 300 million Hong Kong dollars.
Shi Jun walked quickly and came to Wu Guangyao's office, holding property information in his hand.
"Boss, good news! There are several garden houses for sale in the mid-level area!"
"Bring it to me!"
Wu Guangyao briefly looked at the information, and immediately said: "Okay, you can negotiate the price yourself! Remember, we can all consider it according to the 50% price before the plunge, and there is no need to spend energy on waiting."
Cheung Kong Real Estate's 500 million Hong Kong dollars of funds entering the market, there is no reason why it should not be affected;
Therefore, Wu Guangyao asked the Three Musketeers not to be too preoccupied with all sales and purchase negotiations, so as not to delay the fighting opportunity.
By the first ten days of November, Cheung Kong Real Estate already had 100 properties and land in its hands;
If all these old properties are demolished, it is estimated that there will be more than 3 million square feet of land.
This amount of land reserves alone can beat Li Chaoren in the 1980s in his previous life.
At this time, Changshi Real Estate only spent 400 million Hong Kong dollars in funds, including 200 million Hong Kong dollars for 12 commercial buildings on the island, 200 million Hong Kong dollars for 100 properties, and a full 100 million yuan to buy bottoms.
In the market at this time, various sellers have begun to wait and see!
Because at this time on Hong Kong Island, the social environment has calmed down, and everyone has seen a glimmer of hope.
Wu Guangyao said to the Three Musketeers: "From now on, we won't be picky eaters. We can also consider properties in areas like Tsuen Wan and Shau Chi Wan! Otherwise, it will be really difficult to spend the remaining 100 million Hong Kong dollars."
Shi Jun said: "Places like Tsuen Wan and Shau Chi Wan are very suitable for the development of 400-600-square-foot houses. Such small-sized houses are easily accepted by workers' families in these places."
What Shi Jun said made Wu Guangyao's eyes shine!
"Well, it's a good idea, you can figure it out!"
.....
Wu Guangyao, Sanders, and John Madden came to the western restaurant of the Ritz Hotel for a dinner.
When John Madden received Wu Guangyao's invitation, he went there immediately;
Now is the outbreak period of shipping, and discussing the situation among peers is also something worth looking forward to;
What's more, little Ma Deng admired Wu Guangyao's sensitivity to the world situation.
After the three of them sat down, they ordered their food, closed the menu and handed it to the waiter.
Everyone first talked about the Suez Canal. Sanders and Madden couldn't help but smile when they mentioned it.
After discussing for a while, Wu Guangyao got straight to the point and said directly: "Mr. Marden, I'm dissatisfied with you. I invite you here this time to talk about something!"
Ma Deng raised a pair of thick eyebrows, and said seriously: "Mr. Wu, please tell me!"
Wu Guangyao nodded, and then said: "I don't know if Wheelock and Towngas are interested in selling it? The price is easy to say, and Wheelock will definitely not suffer!"
After hearing this, Madden couldn't help being a little surprised!
Thinking about the appearance of this person at the beginning, but he didn't care much about China Gas, why is he acting on a whim now.
Madden did not answer Wu Guangyao directly, but asked, "Mr. Wu is optimistic about China Gas Company!"
Wu Guangyao nodded. After all, Madden could be considered his friend, so he couldn't resort to conspiracy or malicious takeover to seek his friend's property.
China Gas is not an industry that Wu Guangyao values very much, so there is absolutely no need to offend Madden.
"At this time, although piped gas is considered exclusive to rich people, I believe that one day, every household on Hong Kong Island will choose piped gas. Therefore, I am personally optimistic about the development of China Gas."
Madden thought for a while, and then said: "Mr. Wu's knowledge is the same as that of some senior executives of the company. Mr. Wu, you are so sincere, and I will not hide it from you; at this time, we will hold shares in China Gas But 25%. How about this, we transfer 5% of your shares, and you absorb a certain amount of shares from the public market, and we, Wheelock, are willing to be the second shareholder. How about it?"
Wu Guangyao said without hesitation: "Of course this is a good thing. It is also my honor to cooperate with Wheelock!"
Originally, Wu Guangyao had no intention of privatizing Towngas, so Wheelock, the second shareholder, could naturally be accommodated.
On Hong Kong Island, it would be foolish to privatize a public company!
You won't be able to pass the Hong Kong government's hurdle!
What is franchise, franchise is a rule formulated by the Hong Kong government;
If you don't follow the rules, the Hong Kong government can completely cancel your franchise.
The Hong Kong government stipulates that the monopoly company on Hong Kong Island must maintain a listed company with public shares, so as not to become a private profit-making weapon.
After agreeing with Madden, Wu Guangyao no longer had any scruples, and ordered Liu Yu to increase his shareholding in China Gas to 40%. \u003c/div\u003e
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