"Haha, with the scale of Cheung Kong Industries, compared with Chen Sheng, it is like a child." Li Jiacheng said without losing his grace.
Although they are unwilling to admit it, the Chinese real estate companies in Hong Kong have already recognized this reality. Chen Zhiwen, who has rescued Hutchison Whampoa from the debt crisis, has a capital scale that far exceeds theirs. Even the five real estate giants combined cannot compare with them. Not to mention, there are several companies under the other party that specialize in overseas business. Although the specific profits are not known, the scale here in Hong Kong is very large. A Midea Industrial Park has already solved 15,000 yuan before it is fully invested. Employment depends on people.
"In terms of real estate operations, whether it is Hutchison Whampoa or Galaxy, they are still far behind compared with Cheung Kong Holdings." Chen Zhiwen said with a smile.
"Experience can be learned. It's nothing." Li Jiacheng said, "Sheng Chen, it's rare that there are many well-known Chinese entrepreneurs in Hong Kong here today. How about I introduce them to you?"
"Okay, thank you very much." Chen Zhiwen nodded. He had actually seen a lot of familiar faces. Even well-known businessmen in Hong Kong, even if they don't know each other, will know each other's appearance through some channels. In the same way, Basically, these people all know Chen Zhiwen, but they just don't know him, so it's not easy to come and strike up a conversation directly.
Under Li Ka-shing's introduction, Chen Zhiwen met with all the well-known Chinese entrepreneurs in Hong Kong, such as Cheng Yutong of New World Group, Lee Shau Kee of Henderson Land, Kwok Desheng of Sun Hung Kai Properties, Chen Zangxi of Hang Lung Group, Chen Detai of Dah Chong Properties, Wang Dehui of Huahan Group, Chen Tinghua of Nan Fung Industrial, Huang Zhixiang of Sino Real Estate, Luo Yingshi of Great Eagle Real Estate, etc.
After a while, all the famous Chinese real estate tycoons in Hong Kong are basically acquainted. These people are basically the super giants of Hong Kong in the future. In just a few years, with the crazy appreciation of the real estate market, these people will become Billionaires, even billionaires, are gradually transforming from real estate to monopolizing all walks of life in Hong Kong, thereby cutting off the opportunities for latecomers to cross class boundaries.
In the 1980s, there were still figures like Liu who could rise, but by the 1990s, they were basically gone.
In addition to Chinese talents, there are also many British talents. The most conspicuous ones are naturally Newbijian and Bao Fuda. They were surrounded by many British ghosts. However, after seeing Chen Zhiwen, these two people still came over and said hello.
"Mr. Chen, I can't believe that you are here." Niubijian approached and said with a smile.
"Who in Hong Kong is not interested in the properties at the subway entrance in Central?" said Chen Zhiwen.
"Yes, but Mr. Chen has just recently acquired two buildings from Wheelock and is developing a very large community like Huangpu Garden. Is there really no pressure on him in terms of funds?" Newbijian asked seemingly casually.
"The recent actions of Landmark are not small. We are all just looking after each other." Chen Zhiwen replied.
"Okay, then let's each rely on our abilities and see what's true." Niubijian said with a smile.
"Each one depends on his or her ability." Chen Zhiwen said calmly.
Although it is competition, there is not enough gunpowder. There are real estate auctions in Hong Kong several times a month. Everyone participates selectively. Everyone competes based on their strength. It is fair. If there is a conflict because of this, then There will be no normal business in Hong Kong.
At 10 o'clock in the morning, everyone sat in their seats, with a table in front of them and an envelope on the table.
People from the MTR Corporation quickly appeared. With everyone's attention, the host introduced to everyone the information about the two pieces of land being auctioned today, including area size, floor area ratio, commercial nature, etc.
In fact, everyone here already knows this information, but you still have to listen to it. There are two subway entrances, and a piece of land next to each subway entrance. The area of the Central subway entrance is 33,000 square feet, and the area of the Admiralty subway entrance is 41,000 square feet. , the floor area ratio is 5.5, that is to say, the two pieces of land can build a total of 370,000 square feet of commercial office buildings.
This area is not very large, not as good as the newly built Galaxy Headquarters Building, but the location is obviously much better. The commercial value of the subway entrance can be said to be the highest in the city, so the price is naturally very high.
After the introduction, under the explanation of the host, everyone put the price or cooperation method they can provide into the envelope.
Those who came here were naturally prepared for it. In less than a moment, everyone handed over their envelopes.
Afterwards, there was a sumptuous lunch prepared by the MTR Corporation for everyone. Some people were not interested in it and got up and left, while others did not care and stayed.
"Chen Sheng, please wait a moment." Chen Zhiwen, who was afraid to stay and was about to leave, was stopped by a familiar voice.
"Li Sheng, what else can you do?" Chen Zhiwen turned around and saw several people behind Li Jiacheng, namely Zheng Yutong, Li Shauji and Guo Desheng. These four people are the heads of the four major families that originally monopolized Hong Kong in history.
"The four of us have something we want to discuss with Chen Sheng." Li Jiacheng said with a smile: "We have prepared a private room upstairs."
"Okay, let's go." Chen Zhiwen nodded and agreed. In the future, the heads of the four major families will come to him. Most of them will involve investment or business matters, and he is also very interested.
After the five people came to a private room upstairs alone, they chatted with each other for a while, and the waiter also served the food. Zheng Yutong was more casual and said with a smile: "Everyone, I am the host here today. You are welcome, this shark's fin, goose The liver and caviar are all flown in from Europe and taste very good, and the chef here is also the most famous Michelin chef in Europe."
"It's pretty good." Guo Desheng said after taking a few bites.
"It's very delicious." Chen Zhiwen said with appreciation after taking a bite of foie gras. This foie gras melts in your mouth and tastes very good, especially after being chilled.
"There are a lot of delicious food in the back. It's rare for a few of us to get together, and Chen Sheng is even more rare." Zheng Yutong laughed and said, "Everyone eats first, and we'll talk about anything later."
"Okay." Li Jiacheng also said with a smile, and everyone was not in a hurry.
Chatting + tasting delicious food, half an hour passed quickly.
"Sheng Chen, you should have heard about the Hong Kong government's actions in Shatin, right?" Li Jiacheng said when everyone was almost done eating.
"I've heard of it." Chen Zhiwen nodded.
In the past, our Midea Industrial Park took advantage of the Hong Kong government's desire to develop Yuen Long and obtained preferential treatment. However, the Hong Kong government will not just develop a new town in Yuen Long. Shatin Town is also one of the Hong Kong government's goals.
"The Hong Kong government has recently released rumors that it intends to reclaim 6 million square feet of sea water in Shatin. A few of us are very interested in this, but this project is too big, so if Li Sheng is interested, he can also join in." Li Jiacheng said.
Lee Shau-kee on the side also said: "If Chen Sheng joins, we will have more confidence."
"When will this project start?" Chen Zhiwen asked after thinking for a while.
When later generations review the history of the four major families in Hong Kong, there is only one large-scale real estate project that the four major families collaborated on, and that is Shatin City One located in Shatin New Town.
This project is also second only to the four major walled villages in the history of Hong Kong. However, the initial investment is very high because it requires reclamation. The Hong Kong government launched this project because it was too lazy to spend money on its own. To win this project, it does not require How much does it cost, but the subsequent investment will be high.
"The Hong Kong government is just making rumors now. It should be to test the market. It is estimated that it will take half a year or a year for the project to be implemented." Li Jiacheng said: "A few of us have calculated that as long as Hong Kong's housing prices continue to rise, then this There is definitely a huge profit margin for the project.”
"Why do you think Hong Kong's housing prices will keep rising? The real estate crisis in previous years will never happen again?" Chen Zhiwen asked.
"Sheng Chen, the so-called real estate crisis is just an economic correction. In the long run, housing prices will definitely rise, and the increase will be greater than that of most industries." Li Jiacheng smiled and said, "This basically depends on two things. There are two factors. The first is people. As long as there are more and more people, the demand for houses will inevitably be higher and higher. Those who don’t have a house will buy a house, and those who have a house will want to buy a better house. The second is the economy. Now Hong Kong has more and more trade, and local industries are getting stronger and stronger, especially Chen Sheng's industries, which are selling well in Europe and the United States, so we conclude that Hong Kong's real estate market will definitely get stronger and stronger."
"It makes sense." Chen Zhiwen nodded and said with a smile. Not to mention that people are the foundation of real estate. Hong Kong's economy has indeed recovered very quickly recently. Overseas economies have recovered. Hong Kong, as a world-famous assembly factory, will naturally benefit from it. This was also the case in the original history.
Now, Midea's Red Bull exports are hitting new highs every month, and Galaxy Trading has also relied on orders from Wal-Mart, Costco and even some European supermarkets. Its monthly trade volume has exceeded HK$50 million, creating a large number of direct and indirect jobs.
"Tomorrow, I will arrange for someone to send the cost of reclamation and our calculations to your house. Chen Sheng can arrange for professionals to confirm. If Chen Sheng is interested, you can join us. There are five of us, 20 per person. % of the shares." Li Jiacheng said.
"Okay, whether I agree or disagree, I will give you an accurate answer." Chen Zhiwen nodded and said. Whether to agree or not depends on professionals reading the relevant information. Although he is not very interested in this kind of thing, But my dad's side is still fine.
As for the number of projects? It’s not a problem at all. Each of the current five real estate giants is carrying out dozens of projects at the same time. They are cooperating with various British-funded companies, cooperating with Chinese-funded companies, or developing on their own. They are very busy. Otherwise, they would not be able to do it. It is impossible to catch up with the major British giants in a few years.
"Then I'm waiting for good news from Chen Sheng." Li Jiacheng nodded and said.
After a while, Chen Zhiwen said goodbye and left. Guo Desheng said, "Do you think Chen Zhiwen will agree?"
"I think so. Chen Zhiwen started hoarding properties in 1974 and has no intention of selling them now. He must be optimistic about the future of Hong Kong's real estate market. As long as he is optimistic, he will definitely know how valuable the Shatin reclamation project is. "Li Jiacheng said with a smile that he had spent some time investigating Chen Zhiwen's development history. There are traces of large-value transactions, and it is not difficult to find them.
"I hope so. If Shatin reclamation is really successful, the returns will be huge, but the investment is too big." Lee Shau-kee nodded and said. It is normal for Hong Kong Chinese real estate companies to often form consortiums to develop large-scale projects. It doesn't matter if they share more profits. , as long as the project can be guaranteed to be profitable, it is the most stable.
After returning home, Chen Tianfu saw his son and immediately asked with a smile: "How was it?"
Although Hengyi wanted to win the subway station property project in Central and Admiralty, the MTR Corporation only allowed one person to enter from all the bidders. Chen Tianfu gave the opportunity to his son. He had already participated in this kind of bidding. I have visited him many times, and I also intend to let my son get to know some of the top people in Hong Kong’s business community.
"What can we do? Just submit the cooperation plan we prepared before." Chen Zhiwen shrugged and said. He would like the MTR Corporation to conduct a direct bidding model, so that now it is enough to use financial resources. Although the capital may not be as good as Land, But he is the most confident about the future and is not timid when raising prices.
But come back and think about it, if the MTR Corporation adopts this model, it is most likely that it is waiting for people like Chen Zhiwen or Li Jiacheng to appear, who can not only provide funds to the MTR Corporation for the development of subway projects, but also provide funds for the development of subway projects in the future. Share some of the benefits brought about by the rising real estate market.
After all, this business cooperation model has been played very well by Chinese-funded companies, and both parties can benefit. Many British-funded companies have taken the initiative to use their land to cooperate with Chinese companies.
"Okay, let's wait. If the MTR Corporation is interested in our plan, it will naturally contact us." Chen Tianfu nodded and said. With so many companies submitting cooperation plans, it is impossible for the MTR Corporation to just rely on One page to decide who to work with.
In the future, the MTR Corporation will find a few plans that they think are good, and then communicate with the parties involved to sign a more complete cooperation plan agreement. After confirming that there are no problems, they will announce it.
"After the bidding, Li Jiacheng, Guo Desheng, Li Shauji and Zheng Yutong found me. They wanted me to invest in a project with them. This project has a long cycle and I am not interested. But dad, if you are interested , you can try it." Chen Zhiwen continued, and then gave the specific details.
The Shatin City One project spanned more than ten years from the beginning of planning to its completion, and it was not completed until the early 1990s. Except for some problems due to the real estate crisis in 1982-84, the rest of the time, it was a profit without losing money. , Besides, even when land prices were at their lowest in 1984, they were still higher than in 1979.
But because of the long span of time, Chen Zhiwen will not put money and energy here, but Hengyi Real Estate can. His father intends to become a real estate giant in Hong Kong. Naturally, the more people he participates in these projects, the better. By increasing your development experience, you can make profits and build relationships with other real estate giants. There may be more cooperation in the future.
Before the Chinese real estate industry completely monopolized Hong Kong in the 1990s, British capital was the biggest opponent. Chinese capital basically cooperated more and faced less confrontation, and cooperation itself is one of the important ways of development.
"I've heard about this project. Let's see. When their information comes over, I will send someone to investigate thoroughly. If it can really make a huge profit, I can also invest in it." Chen Tianfu thought for a while and said : "I'm just worried. If we succeed in the MTR project, will it affect our capital chain?"
"Don't worry, the MTR project is being developed very quickly and will probably be completed in a little more than a year. However, the Sha Tin plan is still early." Chen Zhiwen said. Historically, Li Jiacheng developed it for a year and two months. If you develop it yourself, as long as you have enough funds, it should be about the same.
"Okay, then I'm relieved." Chen Tianfu nodded and said.
(End of chapter)
