"As long as you are willing to spend money, there are actually many opportunities in Central." Chen Zhiwen said.
"It's true, it's just that the location in Central is very good, so there's basically no chance." Li Jiacheng said.
"The so-called good location is just the result of the layout of British capital. Wherever they gather investment, there is a prime location." Chen Zhiwen smiled and said: "In this way, other people naturally have no chance."
"Chen Sheng is indeed a young hero. He sees things differently." Li Jiacheng nodded and said, "I just want to create another prime position. The possibility is too low."
"Where there is a will, there is a way. Sooner or later, we Chinese will have this opportunity." Chen Zhiwen said with a smile: "In recent months, Li Sheng has also made many large investments."
"Chen Sheng's strategy is actually similar, and it is bolder than my investment. I am ashamed of myself in this aspect." Li Jiacheng raised his glass and said.
"As the enemy advances, we retreat. Now the British capital is just resting on its laurels. We cannot miss this opportunity." Chen Zhiwen also raised his glass and replied.
1973/74 was indeed a watershed in the development of Chinese and British capital in Hong Kong. In recent years, the plummeting real estate and stock markets and the global economic crisis have severely damaged the British-owned groups in Hong Kong. However, most of the Chinese-owned groups that only stayed in the local area With his excellent vision, he avoided the real estate crisis. When he saw that the real estate market was about to recover, he began to spend money to acquire land at any cost.
On the contrary, British capital is very conservative in its real estate operations. The Swire Group owns land in Taikoo Shing, which is located on Hong Kong Island, close to Victoria Harbor and not far from Central. It dare not develop it on its own and has even found a Chinese real estate company. The company came to share the risk, but ended up giving away hundreds of millions of Hong Kong dollars to the other party. The initial investment capital of Taikoo Shing was obtained from selling other land of the Swire Group. The Chinese-owned companies that acquired these lands built residential and office buildings on these lands. , another big profit.
The operation of the Swire Group was just a microcosm of the British group at this time. When the real estate market became more and more popular in the next few years, countless British capital still operated in the same way, and distributed a large amount of profits to the Chinese capital in vain.
It can be said that the past few years are the starting point for Chinese capital to acquire British capital on a large scale and surpass British capital in the future. Of course, the changes in the north are also one of the main reasons.
Li Jiacheng nodded and said: "Sheng Chen is so courageous. Yangtze River Industry has recently prepared to invest in many new projects and needs to find new partners. If Mr. Chen is interested, you can come to our place to learn more about it when you have time." .”
After speaking, Li Jiacheng took out a business card and handed it over.
"Okay, if I have time, I would also like to visit Yangtze River Industries." Chen Zhiwen said after taking the business card.
Hong Kong's Chinese tycoons, especially real estate developers like Li Jiacheng, are best at using other people's funds to make money. The method is more complicated. To put it simply, you cooperate with others, take the other person's money to make money, and after making 200% of the profit, give the other party 150%. In this way, you earn 50% with nothing, and the other party also earns 50%. %.
It’s not that Li Jiacheng is so generous in giving money to others, but in order to develop rapidly, he has undertaken a large number of projects. Starting so many projects at the same time requires too much funds. If he were to bear all of them himself, no bank would dare to do so. Playing with such a large leverage risk, at the same time, cooperating with outsiders, the outsiders' network resources will also become the project's advantage.
If you earn 10 yuan, you can earn 10 yuan. If you cooperate with outsiders to collect 100 yuan, you can earn another 50 yuan, and you can split 25 yuan yourself. Obviously the latter is more cost-effective, not to mention that this is only the apparent income, and there may be more behind the scenes.
Cheung Kong Industries relied on this strategy to cooperate with other Chinese investors to develop land, and jointly developed its own land with British investors who owned land. It rose rapidly in just a few years. By 1979, the free property reserve area of Cheung Kong Industries It surpassed Land and became the first in Hong Kong.
It's just that although Chen Zhiwen knew about this way of making money, he was unable to implement it. This requires strong execution, which is the unique ability of Hong Kong's top Chinese-funded giants.
"Then I won't disturb you." Li Jiacheng said goodbye politely.
"Li Sheng, why are you so interested in that young man?" After Li Jiacheng walked to the other side, a bald middle-aged man asked strangely.
"Despite his young age, his future prospects are limitless." Li Jiacheng smiled and said: "This man's name is Chen Zhiwen, and he purchased the Hilton Hotel in Central."
"Oh, it's him. I've heard of it. I didn't expect him to be so young." The middle-aged man nodded and said, "The location of the Hilton Hotel is indeed very good, but the acquisition of such an uncontrollable asset is of no use. Isn't it a waste of money? ?Wouldn’t it be better to invest elsewhere and make money make money?”
"Everyone has a different opinion, and the Hilton hotel property is not his only asset." Li Jiacheng said: "I did some research before and found that his Galaxy Real Estate has hoarded a large amount of industrial land in the Hung Hom area. Although I didn't find out the specific Quantity, but the scale is at least over 3 million square feet.”
"Three million square feet? Even if land prices are sluggish now, two to three hundred million are still needed?" the middle-aged man asked in surprise.
"Yes, they are basically loans, some from HSBC and others from overseas banks," Li Jiacheng said.
"This is a lunatic. Those people in overseas banks don't care about the risks. They only care about making money and the interest rates are high. If you dare to cooperate with them, you won't be afraid that if the house price drops a little more, you will lose everything." asked the middle-aged man.
"Looking at it now, he still won, at least he won't lose." Li Jiacheng said with a chuckle: "And I heard that he is still looking to acquire industrial real estate."
"This kind of person plays too big a game. Even if he wins this time, he is very likely to lose completely next time." The middle-aged man analyzed.
"That's something that will happen in the future. We judge that land prices have reached an inflection point. In just two years, the land in his hands may double, and if he sells it, he will make at least several hundred million profits." Li Jiacheng said with emotion: "I just don't know if he will sell it all or, like us, concentrate on the real estate industry and keep the land for development."
"You are so big, you don't just want to make a fortune, right? This guy is still so young, he should develop in the long run." The middle-aged man said: "He is just too young and has no experience in risk control, so it is easy for problems to arise."
"You are wrong." Li Jiacheng shook his head and said, "Real estate is only part of Chen Zhiwen's industry. You also know that Cheung Kong Industries and the Imperial Bank of Canada have recently become closer, right?"
"What does this have to do with Chen Zhiwen?" the middle-aged man asked curiously.
Li Jiacheng said with a smile: "People from the Canadian Imperial Bank told me that there is a beverage brand in Hong Kong that has been selling very well in North America recently. It is very likely to become a well-known brand. This brand is called Red Bull and belongs to Chen Zhiwen."
"Drink? Red Bull? Never heard of it." The middle-aged man frowned and said.
"Red Bull is not sold in Hong Kong. The main market is in North America. It takes a high-end route and is relatively expensive. Demand exceeds supply in North America. The Canadian Imperial Bank is very interested in this beverage brand. They thought I would know Chen Zhiwen. He also wanted me to introduce him, and it was at that time that I started to pay attention to him." Li Jiacheng said lightly.
"So it's like this, no wonder." The middle-aged man nodded and said, "It seems that the Chen family should not be underestimated in the future."
"Of course, so I just established a good relationship by the way. At present, there is no conflict between our industries. Although Chen Zhiwen is very successful, he obviously does not understand real estate development. As long as cooperation with us can maintain interests beyond land hoarding, , his funds can be used by me." Li Jiacheng said with a smile.
The middle-aged man smiled and said: "Li Sheng, if you are the second best in this white wolf's ability, no one will dare to be the first!"
"Thank you, let's go buy a few things and give HSBC some face!" Li Jiacheng said with a smile.
