The Industrial Giant Reborn

In Hong Kong in mid-May, the weather has started to heat up. Many beautiful girls began to wear beautiful short skirts. The flight attendants at Cathay Pacific Airport also changed into very elegant professional attire.

"Have you heard that Chen Zhiwen bought a 747 from Boeing in the United States as a private jet." Several stewardesses gathered together and stood beside the glass path to chat. , suddenly became a beautiful landscape for men around.

"A 747 plane? Such a big plane, as a private jet?" A flight attendant said in surprise: "The space inside the 747 is at least 4,000 feet?"

"That's right, this is a castle in the sky. The plane landed in Hong Kong this morning, and the health department sent a few people in to clean it. It is said that it is so luxurious that it cannot be described in words." said the flight attendant who brought up the topic.

"Where is that plane? Can we go and see?" Another flight attendant said.

"It's already gone. Our airport is too small to rent a parking space for a long time. It is said that I have flown to Wanwan. I don't know when I will come next time."

"It will definitely come. Next time we have a chance, we will go in and have a look."

"You thought it was a playground? Go in if you want?"

"Tch, such a big plane, there must be a flight attendant, right? Maybe I can still apply for the job?"

"You little girl is so beautiful, you have to be careful when you get on someone else's plane."

"Be careful? Is that something rich Chen should worry about?"

"Hahaha, you little girl"

"One more thing. I heard that Chen Zhiwen invested in a company in the United States. It went public recently and made $300 million."

"300 million U.S. dollars? 1.4 billion Hong Kong dollars? No wonder you want to buy a private jet."

"300 million US dollars is nothing more than someone else's drizzle!"

"It would be great if Chen Zhiwen could take a fancy to us, it's okay to be small!"

"Don't dream." All laughed, attracting the attention of more people nearby, but there were more and more people nearby, and the flight attendants were afraid that the walls had ears, so they dispersed after a while.

With his own private jet, Chen Zhiwen's first feeling is that the jet lag is basically gone, because on the plane, he can rest and sleep with peace of mind, or play games with the flight attendants, making rapid progress.

Maybe every flight is only one day, and only a few times or a dozen times a year, but just this little time is worth more than the Boeing 747 itself. High comfort flying can save a certain degree of boring life.

During his absence, the Hong Kong stock market was most famous for the official announcement of the privatization plan by Wharf. However, in terms of price, some stockholders were dissatisfied, and the two parties were also in the process of negotiating. Everyone wanted to maximize their profits, Chen Zhiwen didn't plan to interfere after learning about it, and just let his subordinates do their own thing.

The real estate in Hong Kong is also at a very peak position. A large amount of overseas funds have poured in from abroad, which has accelerated the rise in prices. The profits of the three real estate businesses of Hutchison, Wharf, and Galaxy Properties in the first quarter have all increased by more than 1% year-on-year. 50%, and the income from its rent-collecting business has also skyrocketed. At present, Chen Zhiwen also owns a lot of rent-collecting properties, but they are divided into three. After the privatization of Wharf, this area still needs to be reorganized.

The Hong Kong government's real estate auctions in the past six months have also set new highs repeatedly, especially for the land along the subway. Dozens of consortiums have competed together, which has become very intense.

However, the real estate company under Chen Zhiwen did not participate, because this is the business left by Chen Zhiwen to his old man. Hengyi Real Estate has made a lot of money since it first obtained the development right of the subway property in Admiralty, Central, and then added Chen Zhiwen's funds Support, plus the history of successful cooperation with the subway company, and the development rights of new subway stations have been photographed many times in the follow-up, especially the investment in gold futures. righteous scale.

Although it is not listed, the real estate company in Hong Kong has already regarded Heng Yi as the sixth real estate tiger in Hong Kong. This tiger is particularly terrifying because the strength behind him is stronger than HSBC.

"You mean, let me give up the auction of the subway property in the future?" Chen Tianfu personally made tea for his son and prepared some fruits in the Chen family villa in Qingshui Bay, and the two chatted.

When Chen Tianfu told his son that he was planning to auction land for three subway stations in Tsim Sha Tsui, he was stopped by Chen Zhiwen.

"It's not absolute. If you can complete the development and sell all the properties within one and a half years, then you can participate in this auction." Chen Zhiwen explained.

"You mean, after one and a half years, Hong Kong's real estate industry will not be able to survive?" Although Chen Tianfu relies on his son to a certain extent for his current success, he was self-made at the beginning, so he can naturally understand what his son means.

"Basically, real estate in Hong Kong has always been cyclical. As early as last year, the average price of real estate exceeded that in 1973. It stands to reason that it was about to collapse. However, because of the opening of the mainland, Hong Kong has become a springboard for global businessmen to cooperate with the mainland. , a large amount of foreign capital poured in, which delayed the outbreak of the real estate crisis, one and a half years is my guess, and it would be best to be resolved within one year." Chen Zhiwen replied.

In Hong Kong’s real estate market, this bull market started in 1975. Up to now, the average house price in Hong Kong has increased by four times, and in some areas it has even increased by five or six times. This kind of increase is as high as the Japanese market in the late 1980s. It can't be compared, but it's just a city after all, the basic market is a bit too small, and the popularity is not high, otherwise it would have been washed away by international capital.

"One year is too short. One and a half years is actually a bit dangerous." Chen Tianfu said with some hesitation.

"Can't the house be built faster? It's not enough to start construction 24 hours a day, and it's not enough to hire more construction teams?" Chen Zhiwen asked.

"For ordinary real estate, this kind of operation is feasible, but not for subway stations." Chen Tianfu shook his head and explained: "The land price of subway stations is very high, and high-rise buildings must be built and sold to recover the cost, but there The land itself is not very good. To build a high-rise building requires a strong foundation, which takes a long time. No matter how many people there are, it is useless. Moreover, the construction of the subway takes more time. The building is built too early, but the subway If it has not arrived yet, the price will not rise if it is sold, and if the rhythm is not unified, it will lose money."

"It turned out to be like this. If it's really too late, then don't invest in it." Chen Zhiwen said, now that housing prices in Hong Kong are skyrocketing, and the subway is the place with the most traffic, the investment here can easily exceed one billion Hong Kong dollars. Most real estate companies You can only form a consortium to participate, otherwise you can't afford it at all.

If this kind of leveraged investment succeeds, it will naturally make a lot of money. If it fails, it will be a blood loss. If there is no profit from gold futures, even any company under Chen Zhiwen's company will suffer a serious loss if it encounters such a failure. In the 1970s, many real estate companies that were as famous as Li Jiacheng were brought into the ditch in the next wave of real estate crisis, such as Hang Lung Real Estate Company, which invested a lot of money to buy 9 subway properties, and then encountered housing prices cut in half, blood loss 2 billion Hong Kong dollars, the entire company will almost fail to turn over in the next ten years.

Considering that in the middle of next year, Hong Kong's real estate market will experience a big stagflation, and now Hong Kong's land prices and housing prices are already at a high level. From the data point of view, from today to 1982, land prices will continue to rise, but the increase is far less than that Before going to the market, Chen Zhiwen felt that it was no longer necessary to invest a large amount of money and take risks to make the last profit that was not very high.

"Okay, I'll listen to you, recover the capital, and hold the cash in your hand." Chen Tianfu nodded and said, once you make a strategic plan based on the real estate crisis that will erupt soon in the future, you will naturally need to have a lot of cash in your hand, sell high and buy low , is the norm in the real estate market.

"I'm not in a hurry to recycle. I can do whatever I want for the previous projects, or I can also invest in some projects with a period of less than one year. Hengyi is so big, can't we just do nothing?" Chen Zhiwen said with a smile.

The collapse of Hong Kong's real estate market began in September 1982, but it reached its peak in mid-1981, and the transaction volume will begin to decline significantly after that. However, because many large financial groups are still optimistic about the future of Hong Kong and invest a lot of money, so Pulling up housing prices, such as Landmark in the past, invested heavily in large-scale real estate projects after 81 years.

It’s just that history has changed. The current Jardine Department is completely different from the original history. It’s hard to say whether it will continue to do so. Anyway, during the period when the real estate market rose the most, I basically followed the general trend and developed a lot. Now, Risks still need to be considered, and investing in projects that pay back quickly is the best choice.

Although there is still a year to go, it still needs to be prepared in advance. After all, it is not a house for real estate speculation. This situation can be left in the last few months. However, normal real estate company projects have a cycle, and it takes a long time to prepare in advance before it can be perfected. departure.

"That's true." Chen Tianfu nodded, and said: "By the way, your uncle invited me to invest in Yanjing again. I thought about it, but there is nothing to invest in. How about I go to Yanjing to build a hotel?"

"Yes, but there are no other requirements for building a hotel, especially naming things, just a direct joint venture." Chen Zhiwen reminded.

At present, apart from joint-venture industries and infrastructure, there is really nothing good to invest in other aspects in China. In the original history, rich Hong Kong people built hotels everywhere in China. This is actually the reason.

But Bao Yugang was more unlucky. He made a request that seemed normal to him, but he got stuck, and it was not good to take it back. Now he could only wait for the news.

"I've heard about Bao Yugang, don't worry, I'll just take an ordinary name." Chen Tianfu said with a smile.

"Actually, there hasn't been much investment in Hong Kong in the past few years. Dad, you can consider building some hotels in big cities in the mainland. Just like Shenhai City, it doesn't need to be super prosperous. It's enough to meet the basic requirements of local foreign businessmen. " Chen Zhiwen thought for a while and suggested.

"Okay, let me think about it." Chen Tianfu nodded. He will basically be cautious about his son's opinion. After all, he is too good. He took Hengyi's 500 million Hong Kong dollars, but he returned 1.5 billion in one year. A company that invested hundreds of thousands of dollars a few years ago has now made $300 million in listings. This kind of achievement is second to none in Hong Kong.

"Actually, dad, do you want to consider listing in Hong Kong?" Chen Zhiwen suddenly asked again.

PS: Continue to ask for a monthly ticket