Hong Kong Island Old Events
Chapter 205 Encircling the land with Huo Sheng
Huo Guantai came back to his senses, took a sip of coffee, and calmed down: "Axian, I worry about money every day, so I will solve it for you."
“Let’s raise money to build a building together, make Lixin Real Estate bigger and stronger, and achieve listing!”
Huo Guantai can be described as ambitious.
He Dingxian corrected: "I'm not worried about money, I'm worried about spending money."
"Ha ha."
"Okay, Ah Xian, I'll help you spend the money. You can double what you spend and earn it back. Keep spending it!" Huo Guantai laughed loudly. The reason why he found He Dingxian to talk about a joint venture in real estate was because he couldn't spare enough funds. .
It was not that he had no money. During the war, he made a lot of money running ships, but all the profits continued to be invested in Sindh Shipping.
Since there is no plan to completely withdraw from the shipping industry.
Also retain ownership of the boat.
Then, there won’t be enough money to develop the property.
Although land prices on Hong Kong Island are cheap, tens of millions of Hong Kong dollars are needed to carry out large-scale land reclamation, land acquisition and property acquisition.
Huo Guantai can at most spend a few million in working capital to start. If he wants to quickly expand the company's strength and seize the lead in the Hong Kong Island property market, he must take the financing route.
This way you have to find a foreign company.
But in addition to foreign banks, can’t Chinese banks do it?
Huo Guantai has made a lot of money for HSBC in the shipping industry, and he does not want to deepen his ties with HSBC because the HSBC store bullies customers and bullies the big ones with the small ones. It currently pursues an in-depth management strategy. In layman's terms, he likes to take control. Management of the company.
If Huo's company continues to cooperate with HSBC, one day it may be taken away by HSBC, and the founder himself will lose his management rights. Such operations are common in capital markets, and HSBC is even more notorious in the business history of Hong Kong Island.
Although HSBC has changed many managers and expelled founders, which has led to a huge increase in the company's revenue, it is not a wrong decision, but it will definitely make aspiring entrepreneurs wary, and no one wants to be the one who steps down. .
However, the Hong Kong Island Chinese Bank's financing strategy was very conservative, and it did not dare to compete in the property market. After much thought, Huo Guantai concluded that among the Chinese capital, Ho Ting-hsien's bank was the most suitable to cooperate with.
Banks can provide financing channels, and He Dingxian himself has banknotes. At the same time, the Hong Kong Island Police have the say in matters on land, including abandoning the sea and landing.
Just like He Dingxian’s power cannot reach into the sea lanes, the hand of the boat owner cannot reach the shore. Just a resettlement building project, Lixin Real Estate cannot carry out without the support of Chinese police officers. In the future, the real estate market alone will item.
The Chinese police detectives and chief detectives must be developed.
He can accumulate a net worth of tens of millions casually, and if he works hard enough, he can become a detective worth 500 million. If you dare to show off, why is He Dingxian a serious case team leader?
Although there are foreign banks, the Hong Kong government, and all kinds of giants on the shore, the Chinese police are enough to carve out a place and at least win business space. The cooperation between the two is in line with the development of the times. The Chinese people are united and all walks of life work together, which is also an improvement. prerequisite for the status of Chinese people.
"Axian, how much do you plan to pay?"
Huo Guantai asked.
He Dingxian stretched out a hand: "Five million, is it enough?"
Huo Guantai nodded: "That's enough."
"Axian is planning to invest in several projects, or..."
If you invest in a project, you will pay dividends and divest the capital after completing the project, which is considered a kind of short-term financing.
He Dingxian shook his head: "I finally spent the money, but I got it back so quickly and there is no place to put it. I want to raise funds to enter Xinde Real Estate."
Huo Guantai immediately made a promise: "I guarantee that the shares will be above 35%. For the specific amount, let the finance and lawyers come to the company to discuss with my people."
"However, Xinde Real Estate currently only undertakes government projects. My expectation is to have Xinde Real Estate bid for land reclamation projects and old house renovation projects as a professional land acquisition company, and then set up a real estate company specifically to use the recovered land. land to build residential buildings." This is the difference between Shunde Real Estate, a subsidiary of Huo Group, and "Huo Xingtang Real Estate", which is about to be established.
Buildings belong to buildings, and places belong to places. This is a good way to spread risks.
At the same time, the Hong Kong Island government currently does not allow the construction of high-rise buildings. Except for special government projects, the approved residential buildings are generally four to five stories. However, in two years, the construction of buildings will be completely open, with more than ten floors or dozens of floors. build!
This news has already been proposed within the Hong Kong government. In the eyes of people with lofty ideals, the future is promising. The Huo family is definitely not the only one who will focus on the real estate industry in Hong Kong. However, the rapid development and huge profits belong to the Huo family alone. .
Because building buildings requires a large amount of sand, the prosperity of the real estate industry will not only stimulate upstream and downstream industries, revitalize the economy, and benefit the manufacturing industry, but will also stimulate the financial industry, hotel industry, and building materials industry.
What Huo Guantai has done for the north will be realized in the development of hotels and real estate in the mainland after the opening up.
There is also the most important river sand mining rights!
You know, there is only sea sand near Hong Kong Island. Sea sand is not strong enough to build buildings. Even with the current top technology, we cannot build large high-rise buildings. In the end, we have to use non-corrosive river sand. It is the closest to transportation around Hong Kong Island and has the most abundant reserves. Where is the river sand?
In the mainland!
Partnering with friends to salvage seamen was Huo's first venture into the water. He undertook the shipping connection business, developed Sinde Shipping, and made use of the world's pattern to make Huo his first pot of gold. He landed and built a building. Creating an "off-plan property" was Huo's fame. Ten thousand battles have made the four major families famous.
Obtaining the river sand mining rights and reaping huge profits from the Hong Kong property market are the foundation for the Huo family to be ranked as the top powerful person in Hong Kong and Macao. As for appointing a generation of influencers, it is just a moment of glory, which is not worth compared with the real benefits. Mention it.
As for the good land in the center of Kowloon, Hong Kong Island, it is basically reserved for people.
It is either in the hands of foreign companies, ghost guys, or in the hands of older generation bosses such as Xu Aizhou and the Li family. They came ashore earlier and naturally have more territory. They will never give up their territory to newcomers.
Even Ho Ting-yin, under the name of a film company, has more or less circled some land in Kowloon and the New Territories.
Of course, how much land does it take to build a cinema line?
Except for the better location, the enclosure area is far behind the big guys. Based on Hong Kong Island's current land policy, only by undertaking "old house renovation projects" and bidding for land reclamation projects can we hold the renovation and reclaimed land in our hands.
Enclosure is much more difficult than before World War II, but much easier than in the 1970s, but the threshold is already very high and requires substantial capital.
"I will appoint the big shopkeeper of the bank to talk about the shares. After that, the big shopkeeper will also be responsible for the company's financing. However, I must have a share in the new company that builds the building." He Dingxian lamented that Brother Tai's ability to enclose land was inferior to him. It is the best choice to hand over full management to the other party. After the land is completed, just wait for the "off-the-plan property".
"No problem." Huo Guantai agreed readily. His company was not a sole proprietorship to begin with, and he particularly liked joint ventures.
He has a famous saying: "The worst thing about me is being famous."
Basically it is on the same level as "I most regret creating Alibaba".
I don’t know who he learned this art of speaking from, but his next sentence was very sincere: “The champion is the one I love.”
"Deal!" He Dingxian raised his coffee cup and gestured to his friend with a chuckle. He was satisfied with getting the admission ticket to the real estate industry. As for what benefits he could get from the mainland? Haha, benefits are not earned by asking for them, and he doesn't have the shame to ask for them now. If he encounters an opportunity in the future, he will earn less than Huo in the mainland.
As for the "off-the-plan" plan, Huo Guantai actually had it in mind, but he didn't tell anyone about it.
In this era, "off-the-plan" is definitely a very beneficial solution. It can not only stimulate the real estate market and revitalize the economy, but most importantly, it can revitalize finance and completely detonate the economic potential of the region.
Because Hong Kong Island currently does not distinguish between Chinese and Western banks. Most banks do not allow small depositors to open accounts. At least they can open accounts in the name of a company, and each account also needs to charge an "account opening fee".
In addition to depositing their money in banks, many Chinese in Hong Kong also choose to hide it at home.
This will not only lead to the prosperity of the Chinese bank industry, but will also lead to the downturn of Hong Kong's financial industry, because banks do not have a federation and each do their own thing and cannot activate the market.
Many Chinese people have saved enough money to buy properties. Once they are released, property prices will definitely rise sharply.
During the rising period of "off-the-plan properties", citizens can buy suitable houses in advance, and it also prompts Hong Kong Island banks to lend money to citizens and revitalize the financial industry. Although the interest rates are not reduced, at this stage, it is very difficult for the Hong Kong government, citizens, real estate developers, and banks to It’s beneficial to all parties, otherwise how could it be a hit once it’s released?
The combination of real estate and "off-the-plan properties" brings so many benefits that countries all over the world love to use real estate as an economic engine. We have to admit that the real estate industry is the best way to boost the economy when the high-tech industry is not revitalized. In contrast, another real estate tycoon who is still running a plastic factory has promoted the establishment of "stalls" by the government. System, hehehe.
Great sun exposure!
He Dingxian is willing to cooperate with Mr. Huo to develop real estate, but he is absolutely unwilling to ride on Mr. Li's car. It's not that he despises money, but that he has suffered a lot in his previous life and holds a grudge!
Afterwards, he met with Bao Yugang again and asked about the development plan of "Jin'an" company. After all, Jinan Shipping and Lixin Real Estate are now the two major financing customers of Oriental Bank, and He Dingxian basically gave them all his money.
Their success or failure will directly affect the rise and fall of Oriental Bank. After all, in addition to the money to maintain the development and operation of various companies in the group, there is less than five million left on the group's books, not counting depositors' money.
The answer given by Bao Yugang is to continue operating shipping services and carry out rent collection by sea to the end. He, Bao Yugang, wants to conquer the world!
Mr. He admired his determination very much and decided that he would pay for the dinner. Compared with Huo and Bao's development direction of one sea and one land, the father-in-law's Xingzhou Company decided to continue to maintain its business in Guangdong Province after the war. pig! Increase efforts to raise pigs!
Increase efforts to import grain, no matter what the external situation changes, just raise pigs!
A week later.
Ge Bai came to the crime team office, put a box of tea on the table, and said with a smile: "Sir He, the boss of a Chinese business gave me a box of tea last time."
"Bring it to you to try."
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