"Boss, Mo Sheng is here!"
"welcome"
The clerk introduced a person to Lin Zhichao's office. He was about fifty years old and wore a pair of glasses. He was a relatively gentle old man.
Lin Zhichao stood up, came to Mo Yingji's side, stretched out his right hand and said enthusiastically: "Mo Sheng, I have long admired your name!"
"Lin Sheng, I have admired your name for a long time. It's such an honor to meet you!"
Mo Yingji is worthy of being a stockbroker, with a very humble and enthusiastic attitude. At first glance, you can tell that he is a "experienced person" in the social circle, and he is good at handling various interpersonal relationships, entertainment, etc.
At this point, Hu Zhaoxu can only be regarded as a junior, and Mo Yingji does not have the momentum to move freely.
Lin Zhichao invited Mo Yingji to sit down on the sofa. While the clerk was arranging tea, he asked the clerk to ask Zhou Fuzhao to come to the office.
"Mo Sheng has been in the stock market for more than 20 years and is the official broker of HSBC. You must have guessed the reason why I invited you here, right?"
Mo Yingji felt happy and immediately said, "If Lin Sheng has any instructions, it would be my honor! I don't dare to say anything else, but in the stock market, I should be able to work for Lin Sheng."
Lin Zhichao laughed and said: "Mo Sheng, you are so refreshing!"
After a while, Zhou Fuzhao also came to the office and sat on the sofa to accompany the guests.
Mo Ying-kee is the third generation of the "Mok family" in Hong Kong, and this Mok family has been wealthy for a hundred years.
As early as the 1860s, Mo Shiyang, the first generation of the Mo family, moved to Hong Kong from Guangdong and engaged in construction and grocery trading. He also bought land in the Baihua Street area of Hong Kong Island and built dozens of buildings. houses.
Due to Mo Shi Yang's wide network of contacts and contacts with many foreign banks, Swire & Co., Ltd., which wanted to develop rapidly in Hong Kong, through an intermediary, strongly invited Mo Shi Yang to serve as Swire Comprador in 1870. Mo Shiyang, who does not understand English, does business through interpreters. He can charge Swire a commission of 5% for each transaction. The Chinese traders will also give commissions, making him a huge profit.
In 1879, Mo Shiyang died, and his son Mo Zaoquan succeeded him as Taikoo Comprador. Because he gained the trust of Taikoo, Mo Zaoquan even arranged for other Mo family brothers to work as compradors in Taikoo branches such as Guangdong and Shanghai. Relatives, nephews, and in-laws from the same hometown also gradually joined Taikoo. The Mo family has a total of one thousand people. Many family members and fellow villagers joined Taikoo. At that time, the outside world jokingly called Taikoo's foreign affairs the "Mo Family Temple".
In 1917, Mo Zaoquan died of illness, and the post of general comprador was handed over to his eldest son, Mo Gansheng. During his tenure, Mok Kan-sang made a fortune of NT$6-7 million from hoarding fried Taikoo sugar. He also spent NT$1 million to buy more than 100,000 square feet of land near the top of Connaught Road and build the most luxurious British Royal Palace in Hong Kong at the time. style villa, which aroused the suspicion of Brown, the manager of Swire & Co., Ltd., who sent someone to check his accounts. In the end, the Mo family paid a fine of HK$250,000 to end the matter. From then on, the two sides began to have dissatisfaction, so in 1931, Mo Gansheng resigned as comprador. In just a dozen years in office, he had accumulated an astonishing wealth of 10 million yuan.
After three generations of development, the Mok family has already prospered and become a huge family. It was once as famous as the comprador family of Jardine and the "Ho Tung family". And their descendants have developed in many aspects and have already become a 'family'.
Among the third generation, Mo Gansheng is a 'gentleman businessman', and his younger brothers Mo Yingxi and Mo Yingji are practicing barristers and senior stockbrokers respectively.
In particular, the barrister Mo Yingxi supported the mainland in the early 1950s and helped the workers "fight for their interests". In the end, he was "gifted" by the British Hong Kong government and ended up living in the mainland. In the 1920s, as a lawyer, Mok Ying-pu rescued the Nantian King and the officers and soldiers of the Republic of China who were detained in Cheung Chau, Hong Kong. It can be said that he loved his country and Hong Kong throughout his life.
"Mo Sheng, I came to you this time because I want to hire you to be our stock broker of Yangtze Real Estate!" After chatting for a while, Lin Zhichao formally explained his intention.
In this era, if you want to buy stocks, you can only go through a stock broker.
Mo Yingji was naturally happy. After all, he got a big customer, and then said: "No problem! Is Lin Sheng investing in the name of the company?"
Lin Zhichao nodded and said: "Yes. Changjiang Real Estate has some idle funds, and I plan to buy some stocks to make a small profit. Hong Kong's economy is showing a good situation. After some research, we want to entrust Mo Sheng bought it for us and planned to make a long-term investment.”
When he heard that it was a long-term investment, Mo Yingji had no regrets. Although the commissions he received were small, he thought the funds should be in the millions. What was important was the personal connections. As a Chinese business leader in Hong Kong, Lin Zhichao had contact with him. It was an important relationship for him as a stockbroker.
"Well, no problem! How much does Lin Sheng plan to invest? Which stocks to invest in?"
At this time, Zhou Fuzhao took out a piece of paper, handed it to Mo Yingji and said, "Mo Sheng, these are some stocks we are optimistic about. How about you take a look first?"
Mo Yingji took it and looked at it seriously.
"HSBC, Hong Kong Electric, China Electric Power, Kowloon Warehouse, Hong Kong Tramways, Watsons, Hong Kong Hotels, and Land Corporation are all stocks with good development among British capital. Lin Sheng is also optimistic about Hong Kong's economy in the next few years, so These stocks will rise!" Mo Yingji said seriously.
In his view, as a business tycoon and a legendary businessman, Lin Zhichao is optimistic about Hong Kong's economy in the next few years. Correspondingly, these high-quality British-owned stocks will definitely be welcomed by the market, and there is nothing wrong with investing in them.
Then, Mo Yingji asked: "How much does Yangtze Real Estate intend to invest?"
Lin Zhichao smiled and said: "How about 10 million? I have a premise, that is, when buying, it should not have too much impact and minimize the impact. It can be divided into one or two months to buy. Anyway, I am also a long-term investment, short-term It doesn’t matter to me whether it’s up or down.”
Mo Yingji looked at Lin Zhichao's calm expression, and couldn't help but feel huge waves in his heart. With this calmness, he must be a stock market expert. Immediately, he thought that maybe Lin Zhichao was rich, and a mere ten million was nothing.
But no matter what, Lin Zhichao's masterful style greatly touched Mo Yingji. Let him start to analyze Lin Zhichao's investment methods in his heart, and he can take the opportunity to learn from it.
"Then let's keep in touch at all times and communicate in time if anything happens. Is that okay?"
"Okay, I'll ask Manager Zhou to keep in touch with you on a regular basis. He's responsible for this aspect of the company. Of course, if Mo Sheng is having a treat that day, you can contact me, haha!"
Mo Yingji smiled and said: "Then it's settled, Lin Sheng can't refuse then, haha!"
He is naturally happy to establish a good relationship with a business tycoon like Lin Zhichao. Not to mention treating guests to dinner, he will also send gifts during the holidays.
If ordinary people entrust him to buy and sell stocks, others are asking him.
After chatting for a while, Mo Yingji stood up to say goodbye. Lin Zhichao walked to the door and asked Zhou Fuzhao to see him off, which was considered a very courtesy.
After returning to his office, Lin Zhichao couldn't help but smile.
For securities giants like Mo Yingji, even Li Jiacheng relied on others in his previous life.
But Lin Zhichao didn't rely on him, and everyone just cooperated normally. The reason is very simple. Lin Zhichao does not speculate in the short term when investing in stocks; every time he is buying the bottom and cashing out at the high point, it doesn't matter what happens in between.
The important thing is that six or seven years ago, Lin Zhichao could only speculate in stocks.
At the same time, Lin Zhichao began to think about the future organization of Cheung Kong Industries.
His thoughts are:
Established a 'Cheung Kong Holdings Company', which controls 'Cheung Kong Properties', 'Cheung Kong Properties', 'Uniqlo', 'Doll Noodles' and other companies.
Among them, 'Cheung Kong Holdings' will be listed in 1972 and changed to 'Cheung Kong Holdings Group'. Its assets include: estimated to be about 20 development properties, and a small amount of reserve land, Uniqlo, and doll noodles.
Among them, 'Changjiang Real Estate' does not need to be listed. Its assets are mainly commercial real estate projects, including office buildings, shopping malls, hotels, and even most reserve land.
In this way, when the Yangtze River Industrial Group is listed, its asset value only needs to be that of the "biggest Chinese real estate company", but it is not very huge. With the hundreds of millions raised after the listing, the land of Changjiang Real Estate can be purchased at a high price, killing two birds with one stone.
The reason why Lin Zhichao wants to list a "signature company" is because - businessmen who don't know how to use the stock market are fools.
The money from leeks is so easy to make, how can there be no reason not to make money!
Moreover, the Lin family also needs influence, which requires a 'signature listed company'.
Lin Zhichao and Tang Zhongyuan came to the site at 661 King's Road, North Point.
This site is only three or four buildings away from the North Point Funeral Parlor. The north side is a reclaimed land; there are several arcade buildings on the site, and the site area is about 20,000 square feet.
"Father-in-law, where did you buy this piece of land?" Lin Zhichao asked curiously.
He suspected that this piece of land was the North Point Industrial Building owned by Li Jiacheng in his previous life, which was later known as Millennium Plaza. It was said to be a property that would not be sold by Li Jiacheng in any case. Because this piece of land was the first industrial building built by Li Jiacheng in his previous life, and also the beginning of his entry into the real estate industry, it is of extraordinary significance.
Nowadays, Li Jiacheng naturally does not have the strength to enter the real estate industry at this time. It would be good if his Changhe Plastic Factory had a profit of HK$500,000 last year.
Therefore, if Li Jiacheng enters the real estate industry, Lin Zhichao guesses that it may be in six or seven years, just in time to buy the bottom. At that time, he should have about 5 million in assets, buying real estate at the bottom. In this way, it may even miss the listing in 1972. Even if it were listed in that year, the fundraising strength would only be at the level of 20 to 30 million. Compared with the scale of the real estate five tigers who raised 200 million, it is simply vulnerable.
Tang Zhongyuan said happily: "I bought it from Wang Kuancheng!"
Lin Zhichao nodded and said: "I have heard of this. He was the land king of North Point back then. It is said that there was a lot of land in North Point at that time and dozens of buildings were built. Unexpectedly, the land is now being sold instead of being developed."
Wang Kuancheng is the president of the Chinese General Chamber of Commerce. He donated aircraft to the mainland during the Peninsular War. He is a veritable 'red-top businessman'. His two actions in the 1940s can be said to be a style of the Rothschild family:
The first move was to buy the Hong Kong dollars issued by HSBC during the Japanese occupation. At that time, everyone believed that HSBC would not recognize these Hong Kong dollars after the war because they were issued under the force of the Japanese army. But Wang Kuancheng learned from a conversation with a friend at HSBC that HSBC values credit the most, so the 200 million Hong Kong dollars it was forced to issue will be recognized. Because of this, Wang Kuancheng, Zhou Xinian and others made huge profits by purchasing Hong Kong dollars from ordinary citizens in the market.
The second move: After the war, Wang Kuancheng bought up land in North Point at a price as low as 7 to 8 Hong Kong dollars per square foot. In just a few years, it soared to 20 or 30 Hong Kong dollars. He built dozens of high-rise buildings (four or five stories high). . He earned a lot of money by collecting rent.
Of course, with Wang Kuancheng's current status, doing business in Hong Kong will definitely be inconvenient, and the real estate industry is currently dominated by Cantonese businessmen, so there is no such thing as Wang Kuancheng in this wave of real estate.
Tang Zhongyuan nodded and said: "He has been selling sites in North Point in the past few years. This time I bought a site with a total area of 23,000 square feet. He asked for 1.8 million, and I paid back 200,000. The final deal was 1.6 million Hong Kong dollars. .”
The price is about the same!
Lin Zhichao immediately gave his father-in-law's plan and said: "This land can build a 12-story industrial building, with each floor of almost 15,000 square feet, and a floor area of about 180,000 to 200,000 square feet. If you decide to rebuild , then hurry up and we’ll get it done for you in 12 months!”
Tang Zhongyuan immediately said happily: "Okay, I will listen to you, you are a real estate expert!"
Lin Zhichao nodded and explained: "Building industrial buildings can be rented out stably, which is very suitable for your father-in-law's steady investment. After all, you are focusing on industry now. In recent years, you have invested in several industrial buildings, so you can move forward and retreat freely. In the future, These buildings can be an opportunity for you to enter real estate; retreat, these buildings can bring stable income, and they can also be converted into commercial buildings in the future."
When Tang Zhongyuan heard what his son-in-law said, he was extremely excited. Who wouldn't want to diversify his investments?
But it is difficult for a non-Cantonese real estate developer to squeeze in because you are not familiar with the market. Now, he has a good son-in-law, so that he can tentatively invest in some real estate rent collection projects.
"Well, that makes sense! I think industrial buildings have a future. Hong Kong's industry is developing rapidly, especially some small factories that are growing very fast. They need factory buildings to be rented out in strata. The market is so strong, so I am very optimistic about the factory rental market."
With discernment, Hong Kong's industrial plants have been very popular for a long time, at least before 1978.
If Tang Zhongyuan enters real estate in the future, there will be no problem in becoming a medium-sized real estate developer.
The estimated investment for this site at No. 661 King's Road is HK$2.8 million, including site fees and construction fees. For Tang Zhongyuan, it was not a big bet.
Returning to Cheung Kong Holdings, Lin Zhichao told his subordinates that Tang Zhongyuan did not need to worry about developing industrial plants for his father-in-law.
After a while, Lin Zhichao's second uncle Lin Yunchu also found him.
"Zhichao, I found a 20,000-square-foot land for sale in Kwun Tong. The owner asked for HK$1.25 million. What do you think of building a factory building there?"
There was a hint of hope on Lin Yunchu's face. Over the past three years, he had accumulated a fortune of three million by opening a wig factory and a plastic factory. Although he suddenly became rich, Lin Yunchu did not spend lavishly. During this period, he only purchased A tenement building, used as a rental investment.
This is because his nephew suggested that he invest in industrial factory buildings, and he firmly believed in this. Therefore, I keep saving money and don’t dare to spend it randomly.
Lin Zhichao smiled and said: "Kwun Tong is also very good. It is the industrial zone of Kowloon. The unit price is just over 60 Hong Kong dollars per square foot, which is not expensive. If it were not for the current slump in real estate, you would not be able to buy it at this price. Well, I will arrange for help. You go through the procedures, and then we build an industrial building for you, which can have hundreds of thousands of square feet of factory space for rent."
Lin Yunchu breathed a sigh of relief. With this industrial factory, he could also 'diversify' his investments in the future.
Later, Lin Yunchu and Lin Zhichao chatted in the office.
Unconsciously, Lin Zhichao began to pay attention to Lin Yunchu, his second uncle. After all, they were related by blood.
"Second uncle, the total investment in this factory is less than 2.5 million. It will bring you stable rental income every year, just like a family heirloom."
"Well, I know, so I always attach great importance to it and don't dare to spend money carelessly."
Then, Lin Yunchu took the initiative to speak: "Zhichao, two emerging industries, such as plastic flowers and wigs, have a booming cycle, right?"
Lin Zhichao said with a smile: "There are definitely cycles, but there is no need to worry about it in the short term. If my second uncle said this, has he considered other investments?"
Lin Yunchu shook his head and said, "That's not true, but I plan to take advantage of the low housing prices and buy another tenement house."
At present, most of the buildings in Hong Kong are tenement buildings and arcades, and even thousands of tenement buildings and arcades are rebuilt every year.
After all, one tenement building cannot build a residential building. Instead, several tenement buildings need to be merged to have enough land to build a building.
Because of this, even fifty years later, there will still be many six- or seven-storey buildings in Hong Kong. Because of the "plot ratio", it is not about building as high as you want.
"You can do whatever you want! As long as you don't go into debt, you can buy whatever you want. Do you think that's the right thing to do?" Lin Zhichao said with a smile.
Lin Yunchu suddenly realized it and said: "It makes sense!"
What the nephew means is that as long as there is no debt, the house will still be valuable no matter how depreciated it is.
At the same time, he still has to continue to develop in industry, which is the right path.
After chatting for a while, Lin Yunchu left.
Lin Zhichao sat in the office and also thought about his second uncle. Because he was his second uncle, although his relationship was not as good as that of Tang Zhongyuan, Lin Zhichao would always take care of him.
But care is limited. After the industrial building is built this time, benevolence and justice have been exhausted.
What's more, Lin Yunchu's two factories have an annual profit of 800,000 to 1 million Hong Kong dollars, which is enough to make his descendants rich.
His eldest cousin, whose academic performance was not good, was also sent to overseas universities by Lin Yunchu to gild his family. In two years' time, he will be able to come back and help Lin Yunchu.
Of course, Lin Zhichao and Lin Yunchu's family are not very close.
(End of chapter)
