Reborn Tycoon Rise

After Ma Shimin took the order and left, Xu Zhi also quickly calculated that Hutchison Whampoa's cash in hand was as high as 15 billion Hong Kong dollars. Such a large amount of funds would be more than enough even if the No. 7 Berth Terminal and Huangpu Plaza projects were carried out at the same time. After all, no matter how many projects there are, even if Most of the investments exceeding tens of billions will use bank funds, and the investment will be invested in batches. The entire project will be divided into the first phase, the second phase, and so on.

Both projects are guaranteed to make a profit. Needless to say about the terminal, after entering the 1990s, Xiangjiang Terminal has been the world's largest terminal for a period of time. Until the rise of the mainland in the 21st century, Shanghai's Hangzhou Bay Terminal and Shanghai's Hangzhou Bay Terminal The throughput of Ningbo Zhoushan Terminal has only exceeded that of Kwai Chung Terminal, but the business of Xiangjiang Terminal has not shrunk, but is getting better and better. The container throughput of the terminal has been rising, but the increase is not as high as that of the mainland.

The Huangpu Plaza project that Xu Zhi painstakingly prepared for Hutchison Whampoa is a super cash cow. Although the investment may require 15 to 20 billion Hong Kong dollars, if a CBD commercial cluster with a total area of ​​20 million square feet (2 million square meters) is built, , then the income is comparable to that of a money printing machine.

In the 21st century, office prices in Hung Hom are as high as 15,000 Hong Kong dollars per square foot (almost 150,000 Hong Kong dollars per square meter). Looking at housing prices alone, the entire Whampoa Plaza is worth about 300 billion Hong Kong dollars. This does not include the value of some shopping malls. Super office building.

Moreover, in this life, Xu Zhi intends to build Hung Hom into another economic center in Hong Kong. In the future, the property value will only be higher.

Looking at rents, after the Sino-British negotiations, Xiangjiang's economic institutions began to transform. The industry retreated, and the service industry and tourism developed rapidly. This economic model has an increasing demand for office buildings, which has also led to a sharp rise in rents.

By the late 1980s, the average rent of Grade A office buildings in the Central area was as high as 60 yuan per square foot per month. In other words, if you own an office building of 100,000 square meters in Central, your monthly rental income will be HKD 60 million. , 720 million a year (only revenue, not profit).

In the 1990s, the mainland began further comprehensive reform and opening up. As the juncture of Eastern and Western cultures, Xiangjiang received a large amount of foreign investment. Countless Western companies intending to enter the mainland market successively opened offices in Xiangjiang. At the same time, as the mainland's economy has risen, a large number of state-owned enterprises have begun to enter Hong Kong, which has led to a substantial increase in office sales and rental prices.

According to a 1992 report by the Hong Kong Land Group, the largest property company in Hong Kong, 70% of the tenants of its properties are overseas international institutions. Foreign-funded companies have become the backbone of supporting office rents in Hong Kong to maintain high levels.

In the mid-1990s, rents for office buildings in Central had reached as high as HK$120 per square foot per month. The high prices forced a large number of companies to move to other areas.

The location of Hung Hom may not be the best, but the transportation is also very convenient. In the 1990s, the normal office rent was as high as HK$30-40 per square foot per month. Putting aside the commercial rental price of Whampoa Plaza, just for office buildings, a month The rent can be as high as 600-800 million Hong Kong dollars, and the annual rental income can be as high as 10 billion.

After entering the 21st century, rental income will inevitably be higher.

The real estate market in Xiangjiang is so unreasonable. In 1991, the entire real estate market increased by 55% in one year. By 1997, housing prices were four times that of 1991.

In fact, the real estate bubble in Xiangjiang is even more serious than that in Japan in the early 1990s, but it is just a small city after all, and its influence is far less than that of Japan. Even after the bubble burst, with help from the outside world, a bigger bubble actually gathered.

The total investment in these two projects is as high as 20 to 30 billion Hong Kong dollars, but only a small part of the funds needs to be paid in advance by Hutchison Whampoa. Instead, it will be injected in batches over the next few years.

If it were an ordinary company, even a business master like Li Jiacheng would not carry out other large-scale projects, because the most important thing in running a company is not how much profit it makes, but risk control.

However, Xu Zhi is not willing to give up at this time. The risks that others are afraid of do not exist for him. Of course, he will not prepare billions of Hong Kong dollars in funds and put them in the company account to earn interest. In the next ten years, Hong Kong will House prices have increased tenfold. Although he will not buy houses cheaply everywhere, if he comes across a suitable large-scale project, he will still choose the opportunity.

…

Time flies so fast, another half month has passed.

However, Xiangjiang citizens have been bombarded by several big news during this period.

The most important thing is naturally the future of Hong Kong. In October, the British Hong Kong government tried its best to stabilize the Hong Kong dollar exchange rate. The main reason was not how much foreign exchange the Hong Kong government had. Reserve, but because China and Britain finally have a clear intention to negotiate on the future of Hong Kong.

For the first time, Downing Street publicly stated that it would no longer demand to continue to hold the sovereignty and governance of Hong Kong. The main content of the subsequent negotiations will be how to transition from the period of 83 to 97, as well as the internal interests of British capital in Hong Kong. wait……

Although the conflicts remain, now China and the UK can finally sit down and have stable negotiations. The Sword of Damocles hanging over the heads of the citizens of Hong Kong has finally disappeared. The worst outcome will not happen again. As long as we can negotiate, anything can be said. .

Now that the problem of the future has been solved, the second most important thing is of course the economy, and for many people, the economy is even more important than life, and that is the ordinary people who have lost their jobs in large numbers due to the economic crisis.

More than half a month ago, Xu Zhi’s HK$20 billion investment plan announced at a press conference gave countless people hope of survival.

The media in Xiangjiang can't wait. Every newspaper and every reporter wants to be the first to get accurate news.

Finally, half a month later, Evergrande announced its investment plans, namely the Times Square project in Causeway Bay, the economic center of Hong Kong, and the Midea and Changxing headquarters plans in Hung Hom.

Times Square will be the largest commercial plaza in Hong Kong after Harbor City. It will have a 17-story annular shopping mall and two 50- and 46-story office buildings above it, with a total construction area of ​​1.8 million square feet (180,000 square meters). ), with a total investment of HK$2 billion.

The headquarters of Midea Company and Changxing Company are built on the site of a former cement factory in Qingzhou Yingni. This land is close to Huangpu Square and is also located on the seaside. The construction plan is to build 10 office buildings with a total floor area of ​​22 floors, connected to each other by glass planks. connected together.

It’s not that I don’t want to build a high-rise building, but because it is close to Kai Tak Airport, the height of the building is restricted by law.

These investments have been reported before, but now only the specific figures have been announced, but compared with the two investment plans announced by Hutchison Whampoa Group, they are one level behind.

After negotiations between the team headed by Ma Shimin and the Hong Kong government, Hutchison Whampoa Group finally won the No. 7 berth of Kwai Chung Terminal in advance for a price of HK$3 billion. After that, it will invest HK$5 billion in infrastructure investment.

The Whampoa Plaza plan has shocked all real estate companies. With a self-sustained project of 20 million square feet (2 million square meters), Hutchison Whampoa can become the largest real estate developer in Hong Kong.

To know the current land, the total construction area of ​​its properties is only 13 million square feet. Of course, Land's properties are all located in core locations such as Central. The current Hung Hom properties are still far behind in terms of value.

However, the focus of the media is much simpler. Four large-scale construction projects, with an investment of nearly 30 billion Hong Kong dollars, require up to 50,000 construction workers and other workers, not to mention that a large number of facilities also require sufficient supporting services. , which will significantly end the unemployment problem that has plagued Hong Kong for more than a year.

Affected by this, the Xiangjiang stock market rose on a large scale, especially stocks in the construction industry, with many stocks rising by more than 50%.

While everyone was shocked by these investments, one person paid attention to another point: Bank of East Asia officially launched a support plan for enterprises in Hong Kong.