The birth of the Hong Kong Island family
Chapter 365 [Taking fire from under the cauldron]
“298 million, setting a record for the highest land price in Hong Kong’s history”
"Chinese capital defeated British capital at the auction house and won the land title in Central"
The next day, Hong Kong media reported it one after another.
This campaign is no less influential than in the previous life when "Li Jiacheng defeated Land and won the development rights above the Admiralty MTR Station". The reason is very simple. Lin Zhichiu bought this land at a high price, which is the land disposal nest of the "Land King" in Central. It is equivalent to entering the land disposal nest with domineering power.
Of course, some people said that "Lin Zhichao was out of anger to defeat Land", which meant that the price was too high.
Lin Zhichao did not deny this - he was determined to defeat Land, not to mention that he knew the potential of this land, so he would not admit defeat.
With just 40 million Hong Kong dollars more, would he choose to give in?
Of course it's negative.
Land Corporation.
Old John said helplessly: "You are right not to follow with anger! The cost of more than 300 million is very detrimental to us, and it is not worth that much money. Instead of spending so much money, it is better to spend the funds on real estate on the redevelopment of properties in Central.”
The land cost is 300 million, and the construction fee is at least 150 million. The final investment of the entire building may be close to 500 million Hong Kong dollars.
Henry Keswick nodded and said: "The situation at that time was that Lin Zhichao was jealous. He was afraid that he would follow even if it cost 400 million Hong Kong dollars. I was also worried that he would suddenly not increase the price, so I had no choice but to give it up. It seems that Lin Zhichao's funds The strength is stronger than we imagined.”
Old John said: "That's not necessarily true! His Universal Group's debt must be very high, possibly as high as more than 2 billion Hong Kong dollars. And he invested too much in the naval dockyard. In fact, he is already heavily in debt, but he is more radical. .Don’t worry about him! He will fall short sooner or later!”
Henry was right. Cheung Kong had invested too much in commercial real estate and had several projects in Singapore. Its financial strength was probably exhausted.
"Well, next, I plan to study the redevelopment of Land's many Central buildings and the commercial real estate projects at Wharf Wharf, and submit the plans to my father for review later."
Old John said boldly: "Okay, we still sit on the best land in Tsim Sha Tsui and Central. If it is developed, the leader of Hong Kong real estate will still be our Jardine Group. But one thing is that you have to make full use of the British capital of Hong Kong people. The worship of the company, using the stock market to complete projects. Overseas investment is still our focus. Ten years ago, Jardine was only famous in the Far East; but now, Jardine has enjoyed a certain reputation in the world. And you want to make Jardine and become a truly world-class company.”
Henry Keswick said at once: "Yes, father."
Hong Kong’s real estate market has become extremely hot due to the auction of the ‘Central Land King’.
In a short period of time, high-end residential properties in Hong Kong and Kowloon have soared to HK$140 to 180 per square foot, and mid- to low-end residential properties have also soared to HK$100 to 140 per square foot.
This is what the Hong Kong government wants to see!
at the same time.
Since Cheung Kong's funds need to be spent on commercial projects under construction.
Therefore, after taking the photo of the "Land King of Central", Lin Zhichao immediately contacted several banks for a loan of HK$300 million.
Everything went smoothly, and Cheung Kong Industrial paid the land payment as soon as possible, which was still far from the Hong Kong government's deadline of three months.
For Lin Zhichao, it is too easy to borrow money from the bank. Even if it is an unsecured loan, he can get a loan of HK$300 million. Of course, he will not make it difficult for the bank. He can just use the building as a mortgage for the loan.
Not long after taking over the land, Lin Zhichao also took Huang Changhong, Li Paulo and others to inspect the land worth 300 million Hong Kong dollars.
"Does the land at this bus terminal belong to the government or the bus company?" Lin Zhichao asked casually, pointing in the direction next door.
Huang Changhong looked at it and said: "Of course it belongs to the government! If China and Brazil had such a piece of land, they would be able to make hundreds of years of profits by selling the land and running any buses."
Lin Zhichao said with a smile: "In this way, the Hong Kong government is the biggest 'real estate profiteer' in Hong Kong."
Huang Changhong nodded and said: "A large part of the Hong Kong government's fiscal revenue comes from real estate. In situations like this year, there is a good fiscal surplus. If there is a low season for real estate, the Hong Kong government will have to tighten finances."
This year a piece of land in Central was sold to him for HKD 300 million, and the remaining financial balance would be more than HKD 300 million.
In fact, Lin Zhichao suddenly cared about the "Bus Terminal" and actually thought that this land seemed to be the "Exchange Square" later. Of course, Lin Zhichao already owns so many properties in Central, so it is no longer a must-have attitude. Everything is decided based on specific circumstances.
Next, Lin Zhichao said: "The property we have photographed should be built about the same height as the Shangri-La Hotel. It's okay if it's a little higher. Ask the design team to design it carefully and give me the plan!"
Huang Changhong said excitedly: "No problem! I will definitely invite world-class designers to design excellent architectural plans for this land!"
Lin Zhichao said calmly: "We must consider the actual floor area. This will be a high-rent Class A building in the future."
"Yes, I know!"
These buildings are not listed as listed assets and remain in the Lin family's private real estate company - Victoria Harbor Real Estate.
This Victoria Harbor Real Estate cannot buy all the office buildings. Lin Zhichao only plans to buy: Yingzhi Building, Poly Building, Global Building, Midea Building, International Building, Taiping, Star Plaza, Far East Financial Center Tower A/B, Victoria Harbor In the center (the property on top of which the land was acquired), these buildings were incorporated into private real estate companies.
In the later stage, after the Yangtze River Industrial Group is listed, it will buy out all the remaining naval dock projects or cooperate with Victoria Harbor Real Estate. In the future, almost all commercial projects will be invested by listed companies, or at least they will have to cooperate with private real estate companies.
"Tangshan Brother" took in HK$1 million at the box office in six days, shocking the entire Hong Kong industry and becoming a hot topic among the public. For a time, Bruce Lee also became popular in the Chinese circle.
Of course, Golden Harvest Films also started to make a lot of money.
The highest box office in Hong Kong last year was just over one million, and this year "Warlords" directly doubled the record; according to the box office performance of "Tangshan Brother", it is natural to surpass "Warlords".
"Brother Tangshan" shot by Bruce Lee in this life received more attention because of its high budget, and is much better than in his previous life in every aspect. Therefore, Lin Zhichao also boldly predicted that the box office will exceed 3.5 million Hong Kong dollars.
As for overseas, it will naturally not be low. Just one movie can make Golden Harvest Pictures a mouthful of money.
In the office, Lin Zhichao met with Li Ziduo, Zou Wenhuai, and Qiao Shan.
He said: "Starting this year, Jiahe Film's production business profits have increased significantly, and it must be much more abundant. Regarding the use of funds, part of the dividend will be thrown out, and the remaining funds will be invested as much as possible in Jiahe Cinema Online, from Hong Kong to Southeast Asia. They are all objects of our investment.”
He has spent 20 million Hong Kong dollars on Golden Harvest movies, and a large part of it has gone into theater investment. Now, he plans to suspend capital injection and instead use the profits from Jiahe Films to invest in theaters.
Zou Wenhuai was already happy that his team's dividends would not be low this year. Of course, he did not dare to challenge Lin Zhichao because he found that the boss's vision was too vicious.
So much so that even a professional filmmaker like him would not dare to be his enemy. Take the cooperation between Li Hanxiang and Xu Guanwen as an example. It was the boss who proposed it; and Bruce Lee. To be honest, after signing the contract, he didn't feel that Bruce Lee could exceed 1.5 million box office. After all, that was the limit of Zhang Che and Wang Yu. ; On the contrary, the boss gave a sky-high price of 600,000 Hong Kong dollars for the budget of the film.
Precisely because this boss has a vicious vision and is willing to share dividends with his subordinates, directors, and actors, and is willing to increase investment; in Zou Wenhuai's view, Lin Zhichao is more terrifying than Shao Liushu.
Zou Wenhuai said: "Is it better for the boss to acquire and renovate, or to invest in new cinema lines?"
Lin Zhichao said: "With the booming real estate market, it is very cost-effective to simply build theater chains. In reality, the theater lines of Miramar Shopping Center and Xintiandi Shopping Center make full use of the cluster effect and open theater lines on the upper floors. This kind of The model, with high passenger flow and cheap property costs, will become the mainstream in the future. Therefore, it is not suitable to invest in overly large theater chains. Southeast Asia is dominated by acquisition and integration. The same is true in Hong Kong."
When talking about Miramar and Xintiandi theaters, everyone showed admiration. Almost all theaters in Hong Kong are located on the lower floors of a building, such as the Queen's Theatre. This design is actually very wasteful, because if the first floor is rented to merchants, the rent far exceeds the theater's income.
The theaters in Miramar and Xintiandi are on the top floors of shopping malls, where people can eat, drink and have fun. The rental costs of these theaters are very low.
There is also a large theater in Raffles City in Singapore, with six halls that can accommodate thousands of people watching movies at the same time. It is expected to open in 1971. There is also a cinema on the top floor of Daimaru Department Store, which has been taken back to Golden Harvest for management.
Zou Wenhuai said: "Okay, we will definitely come up with a theater chain that can expand Hong Kong and Southeast Asia as quickly as possible with the smallest investment cost."
He is the general manager who manages production, distribution, and theaters. He gets a salary that belongs to the group executives. In addition, he gets dividends from the production business. He personally gets about 10%, and his team Everyone else adds up to 10%.
Lin Zhichao nodded with satisfaction, Zou Wenhuai could do the best for him, and there was no problem with Qiao Shan, the deputy general manager, assisting him. In short, he is really not afraid that Zou Wenhuai will jump out and become the king on his own. After all, he could easily defeat all his competitors if he just puts a little more thought into it.
"As for Bruce Lee's next movie, I hope it will be during the Spring Festival this year. As for the shooting theme, I have already thought about it, which is "Fist of Fury". Fist of Fury was founded by the patriotic martial artist Huo Yuanjia in the late Qing Dynasty, but Our story is about Huo Yuanjia being poisoned by the Japanese, and his apprentice’s self-struggle and revenge, national sentiments, and martial arts beating the Japanese. Later, Ni Kuang, Luo Wei, and Bruce Lee will participate in the screenplay."
He is the boss of a film company, so it doesn't matter if he knows something about the subject matter.
Zou Wenhuai suddenly felt that this boss was not sleeping 24 hours a day, studying his industry.
"No problem, this subject matter is really good, and it will be very popular with us Chinese people after shooting it."
"More than that, the Japanese will like it then."
Zou Wenhuai was stunned and said, "Why do they like beating up the Japanese?"
Lin Zhichao said with a smile: "The Japanese like strong people. The Americans gave them two atomic bombs. Why don't they still follow the United States?"
Zou Wenhuai suddenly realized it and said: "That's it!"
The success of "Brother Tangshan" not only made Golden Harvest Films and Shaw Brothers Films evenly matched. More importantly, it accelerated the brain drain of Shaw Brothers movies, with some Shaw Brothers directors and actors leaving Golden Harvest.
Anyone can see that it is only a matter of time before Golden Harvest surpasses Shaw Brothers.
Zou Wenhuai said: "Boss, Wang Yu plans to leave Shaw Brothers. Should we sign him?"
He knew that the boss didn't like Wang Yu. Now that Jiahe Movies has Bruce Lee, there is no need for Wang Yu.
After Lin Zhichao thought for a while, he said: "Wang Yu is guaranteed to be a million-dollar box office. I remember you said before that you wanted to shoot a one-armed martial arts theme, right?"
Zou Wenhuai nodded and said: "My original thought was - after all, I participated in the production, so I can play a side game, which is very advantageous legally. But now, it seems that the boss is still one step ahead and thought of replacing Wang Yu's position with Bruce Lee . Now, there is really no need to shoot a one-armed series."
Lin Zhichao said with a smile: "Not necessarily! We don't shoot, but it doesn't mean that Wang Yu can't shoot. We shoot because we are worried about the negative impact, but whether Wang Yu shoots or not depends on whether he likes money!"
Zou Wenhuai's eyes lit up, and he immediately said: "What the boss means is that he secretly supports Wang Yu to become independent from Shaw Brothers and establish his own film company. Can we provide investment and cooperation with theaters?"
Lin Zhichao said: "That's it! Wang Yu must be very arrogant. When he heard that he could set up his own film company, direct and star in movies, and get our secret support, there was no reason for him to refuse. If in the future, Shaw Brothers and His lawsuit will not affect our reputation. The most we can do is lend him some legal fees and let him fight Shaw Brothers."
Profiteer, Zou Wenhuai couldn't help but think to himself, the boss was trying to kill Shaw Brothers.
"No problem, I'll take care of it right away. I guarantee that Wang Yu will set up a film company this year!"
Lin Zhichao nodded and said: "Remember to remind him that it is best to go to the Taiwan studio to shoot and keep it confidential. Of course, we should not get too involved and provide financial investment at most."
Zou Wenhuai said with a smile: "Wang Yu is just a brainless warrior. I'm afraid he will be very happy to get our financial support."
Golden Harvest Films didn't spend much money to give Shaw Brothers a serious blow, which is naturally very good.
But it was said that after Wang Yu received Zou Wenhuai's promise, he was immediately surprised. He originally wanted to switch to Golden Harvest and rely on his fame to enjoy a share of the film's profits, which was better than the fixed salary of Shaw Brothers.
Unexpectedly, Jiahe Film was actually willing to support him in setting up a film company, and could handle all the investment and theater issues for him.
"I am now the boss of a film company!"
Thinking of this, Wang Yu chose to resign without hesitation and paid liquidated damages of HK$60,000.
Of course, this money was provided by Golden Harvest Films, because Wang Yu himself still had a contract for a movie. For Golden Harvest Films, spending 60,000 yuan to knock out a Shaw Brothers movie with a box office of over one million is quite a bargain.
The two families are now competitors. Let alone 60,000 Hong Kong dollars, even one million Hong Kong dollars can take the other's life (luck) without saying a word.
Shao Laoliu here also sent Zhang Che to persuade Wang Yu, because Zhang Che was Wang Yu's 'mentor'.
After the meeting, Zhang Che said to Wang Yu: "Ayu, if you continue to make trouble like this, Shaw Brothers will ban you in the future. The important thing is that Golden Harvest Movie already has Bruce Lee, and you will not be taken seriously at all if you go there again."
Zhang Che's last words are indeed crucial.
Recently, "Tangshan Brother" has been gaining momentum. Jiahe Films finally has its own martial arts superstar, and this superstar is much more powerful than Wang Yu's debut movie.
It is absolutely impossible for Bruce Lee and Wang Yu to co-exist in the same film company.
Wang Yu was also stunned. He didn't consider Bruce Lee at all at first. He simply felt that he was a Hong Kong martial arts superstar and a guarantee of box office, so Jiahe should rush to welcome him.
But he didn't think much about it now, so he immediately said: "Brother Che, the box office of my Shaw Brothers movies every year is nearly 10 million in Asia, but I only get tens of thousands of dollars a year for work. What do you think of me?" Do you still have any souvenirs?"
Zhang Che smiled bitterly. This is a common problem with Shaw Brothers movies. His annual income is only about 100,000 Hong Kong dollars.
"You can discuss the salary with Uncle Six. And Uncle Six has already promised you that he will direct and act in "Dragon Tiger Fight". You will get two salaries for this movie. As long as you achieve results, your income in the future will also be mine." double."
Wang Yu sneered and said: "How much is twice the salary? Brother Che, to be honest, I plan to set up my own film company, direct and act in my own movies, and I will also be my own boss."
Zhang Che was stunned and suddenly thought of a possibility, that is, Wang Yu had secret support from Jiahe.
Otherwise, Wang Yu's little money would not be enough to invest in a movie.
Cruel!
He is indeed a businessman and a chaebol.
"Well, since you have made up your mind, I won't block your future."
Zhang Che didn't talk nonsense, nor did he ask Wang Yu where he had the strength to open a film company.
Because you can know this kind of thing without even thinking about it; Wang Yu won't talk about it, after all, it must be done secretly.
"Zou Wenhuai, you traitor who cheats and cheats!"
Shao Laoliu was furious when he heard that Wang Yu resigned because someone supported him in establishing a film company.
Zhang Che explained: "Sixth Uncle, you know Wang Yu's character. Even if you don't leave today, you will leave tomorrow. Don't be so angry that your body will be damaged."
As for Wang Yu, everyone knew that they couldn't keep him.
Wang Yu is the kind of person who is bold and fearless, and even deliberately mocked in front of Shao Laoliu that the canteen of Shaw Brothers movies is for pigs to eat and is very rubbish.
Shao Laoliu calmed down and said: "Even if he wants to leave, he still has to film "Dragon and Tiger Fight"! Otherwise, he will pay us tens of thousands of liquidated damages."
Zhang Che said: "He has prepared liquidated damages!"
Shao Laoliu suddenly felt helpless. The development of Golden Harvest Films was so great that it had already caused a huge blow to Shaw Brothers Films.
Originally, he could use theater chains to suppress new film companies, but Golden Harvest Films was not afraid of this at all. In a short period of time, it opened up theater chains in Hong Kong and Southeast Asia; even 'Shaw Brothers', led by his nephew Shao Weiying, It will also cooperate with Hong Kong theaters and Golden Harvest Films.
Shao Laoliu knew that in addition to wanting to make money, his nephew also did not want to offend Lin Zhichao, the largest plutocrat in Hong Kong.
With its strong financial position, Golden Harvest Films has been aggressively acquiring and joining theater chains in Hong Kong and Southeast Asia this year. The strength of the theater chain is already not weak.
"Hmph, if he leaves our Shaw Brothers, Wang Yu may not succeed! The important thing is that he is just a pawn for others, and he doesn't know himself. What a pitiful person."
Shao Laoliu understood that because Jiahe Movie has Bruce Lee, Wang Yu is actually not needed. However, Jiahe Films doesn't mind luring Wang Yu into independence and then secretly supporting Wang Yu.
After all, Golden Harvest Films is most happy to see Shaw Brothers lose a martial arts superstar.
Zhang Che nodded and said: "Wang Yu is someone else's pawn, but he can't listen now. After all, facing the temptation of setting up his own film company, he no longer needs to think."
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