History of Hong Kong Island

Chapter 205 Enclosure with Huo Sheng

Huo Guantai came back to his senses, took a sip of coffee, and collected himself: "Ah Xian, I worry about money every day, so let me solve it for you."

"Let's raise funds and build a building together, make Lixin Real Estate bigger and stronger, and go public!"

Huo Guantai is ambitious.

He Dingxian corrected: "It's not about money, it's about spending money."

"Haha."

"Okay, Ah Xian, I'll help you spend the money, double what you spend and earn back, and continue to spend!" Huo Guantai laughed loudly. The reason why he approached He Dingxian to talk about joint venture real estate was because he didn't have enough money. .

It’s not that he didn’t have money. During the war, he made a lot of money running the ship, but all the proceeds continued to be invested in Sindh Shipping.

Since there is no plan to completely withdraw from the shipping industry.

Also maintain ownership of the vessel.

Then, the money for real estate development is not enough.

Although the land price on Hong Kong Island is cheap, tens of millions of Hong Kong dollars are needed to reclaim land from the sea and buy land and buildings.

Huo Guantai spent at most a few million working capital as a start-up. If he wanted to quickly expand the company's strength and grab the head of the property market on Hong Kong Island, he definitely had to take the road of financing.

You have to find a foreign company for this road.

But besides foreign banks, can't Chinese banks work?
Huo Guantai has made a lot of money for HSBC in the shipping industry, and he doesn't want to continue to deepen the bond with HSBC, because HSBC's store is bullying customers, bullying the big with the small, and is currently pursuing an in-depth management strategy. Generally speaking, it likes to intervene in the holding 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 very common in the capital market, and HSBC is notorious in the business history of Hong Kong Island.

Although HSBC has changed its managers and expelled its founders many times, which has led to a substantial increase in the company's income. It is not a wrong decision, but it will definitely make aspiring entrepreneurs vigilant, and no one wants to be the one to step down. .

However, Hong Kong Island Chinese Bank's financing strategy is very conservative in terms of funds, and it is even more afraid to fight the property market. Huo Guantai thought about it, and among the Chinese capital, He Dingxian's bank is the most suitable for cooperation.

Banks can provide financing channels, and He Dingxian himself has banknotes. At the same time, the Hong Kong Island Police Force has the right to speak about matters on land when abandoning the sea.

Just like how the power of Dingxian cannot reach into the sea route, the hand of the owner of the running boat cannot reach into the shore. It is just a resettlement building project, and Lixin Real Estate cannot do it without the support of Chinese police officers. In the future, the real estate market alone will item.

The Chinese detectives and chief detectives in the Chinese police must be well-developed.

Accumulate a net worth of tens of millions casually, and if you work hard, you will become a detective of [-] million. In theory, He Dingxian is a serious crime team leader?
Although there are foreign firms, the Hong Kong government, and all kinds of giant crocodiles on the shore, the guns of the Chinese police are enough to win a place, at least to win business space. The cooperation between the two is in line with the development of the times. Precondition for Chinese status.

"Axian, how much do you plan to pay?"

Huo Guantai asked.

He Dingxian stretched out a hand: "500 million, is it enough?"

Huo Guantai nodded: "Enough."

"Ah Yin is planning to invest in several projects, or is he planning to."

If you invest in a project, you will pay dividends and withdraw capital after the project is completed, which is a kind of short-term financing.

He Dingxian shook his head: "It's hard to spend the money, and I have no place to put it back so quickly. I want to raise money to enter Shun Tak Real Estate."

Huo Guantai immediately made a promise: "I guarantee that the shares will be more than 30.00%. For the specific amount, let the finance and lawyers come to the company to discuss with my people."

"However, Shun Tak Properties currently only undertakes government projects. My expectation is to let Shun Tak Properties bid for land reclamation projects and old house renovation projects as a professional land resumption company, and then set up a real estate company to use the recovered land. land, and undertake the construction of residential buildings." This is the difference between Shun Tak Real Estate under the Huo Group and the soon-to-be-established "Huo Xingtang Real Estate".

Buildings return to buildings, and land returns to land, which 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 residences are generally four to five floors, but it will be completely open for construction in two years. build!
This news has already been proposed within the Hong Kong government. In the eyes of people with lofty ideals, the future is promising. Hong Kong Island will focus on the real estate industry. It is definitely not the Huo family, but the rapid development and huge profits belong to the Huo family alone. .

Because building a building requires a lot of sand, Xingxin in the real estate industry will not only stimulate the 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 right!
You must know that there is only sea sand near Hong Kong Island, which is not strong enough to build buildings. With the current top-level technology, it is impossible to build large buildings. In the end, non-corrosive river sand has to be used. The transportation around Hong Kong Island is the closest and the reserves are the most abundant. Where is the river sand?

In the Mainland!

It is Huo's first time to enter the water with his friends to salvage Hairen. He undertakes the shipping connection business, develops Xinde shipping services, and makes use of the world pattern to make Huo the first pot of gold. The battle of Wan Wan has achieved the reputation of the four major families.

Obtaining the river sand mining rights and reaping huge profits from the property market in Hong Kong is the basis for the Huo family to be ranked among the top dignitaries in Hong Kong and Macau. As for hand-picking a generation of talkers or something, it is a fleeting moment, and it is not worth comparing with the real benefits Mention.

As for the good land in the center of Kowloon on Hong Kong Island, they are basically surrounded by people.

Either in the hands of foreign companies and ghosts, or in the hands of Xu Aizhou, the Li family and other older generation bigwigs. They went ashore earlier and naturally had more land. They will never let the land be given to newcomers.

Even He Dingxian, in the name of a film company, more or less circled some places in Kowloon and the New Territories.

Of course, how much land does it take to build a theater circuit?

In addition to the better location, the enclosure area is far from that of the big guys.With the current land policy on Hong Kong Island, only by undertaking the "renovation project of old houses" and bidding for land reclamation projects can we hold the remodeled and filled land in our hands.

The difficulty of enclosing land is much higher than before World War II, but it is much easier than in the 70s, but the threshold is already high and strong capital is required.

"I will appoint the big treasurer of the bank to discuss the matter of the shares. After that, the big treasurer will also be responsible for the company's financing. However, I must be a part of the new company that builds the building." He Dingxian sighed at Taige's ability to enclose land, It is the best choice to hand over the full authority to the other party for management. After the land is encircled, just wait for the "off-plan property".

"No problem." Huo Guantai readily agreed. The company under him was not a sole proprietorship, and he especially liked partnerships.

He has a famous saying: "The worst thing about me is being famous."

Basically, it is on the same level as "I regret the creation of Ali Lala the most".

I don’t know who I learned this art of speaking from, but his words are very sincere: “The champion is my heart’s love.”

"Deal!" He Dingxian raised his coffee cup, smiled lightly and signaled to his friend that he was satisfied with getting the admission ticket in the real estate industry. As for the benefits of going to the Mainland?Hehe, profit is not obtained by seeking, and he has no shame to ask for it now. When he encounters an opportunity in the future, he will earn less than Huo if he doesn't see him in the mainland.

As for the "off-plan house" plan, Huo Guantai already had a draft in his heart, 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 property market and revitalize the economy, but most importantly, it can revitalize the 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 open accounts for small depositors, at least they can open accounts in the name of companies, and each account also needs to charge an "account opening fee".

In addition to keeping their money in banks, the Chinese on Hong Kong Island also choose to hide their money at home.

This will not only lead to the prosperity of the Chinese banking industry, but also lead to the downturn of the financial industry on Hong Kong Island, because there is no consortium of banks, and they do their own things, which cannot activate the market.

Many Chinese have saved enough money to buy properties. Once they are released, property prices will rise sharply.

"Uncompleted flats" can allow citizens to buy suitable houses in advance during the rising period, and it also encourages Hong Kong Island Bank to lend money to citizens to revitalize finance. All sides are beneficial, otherwise how could it be so popular as soon as it was released?
The combination of real estate and "off-plan flats" has so many benefits that all countries like to use real estate as an economic engine.I 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 promotes the establishment of the government's "stall" System, hehehe.

Great sun!

He Dingxian is willing to cooperate with Mr. Huo to develop real estate, but he is absolutely unwilling to take Mr. Li's car. It's not because he looks down on money, but because he has suffered in his previous life and has a grudge!

After that, he met Bao Yugang again and asked about the development plan of "Jin'an" company.After all, Jin'an Shipping and Lixin Real Estate are now the two major financing customers of Dongfang Bank, and He Dingxian basically gave them all of his pocket.

Their success or failure directly affects the rise and fall of Dongfang Bank. After all, in addition to the money to maintain the development and operation of the group companies, there is only less than 500 million left in the group's books, and the depositors' money is not counted.

The answer Bao Yugang gave was to continue to operate the shipping business, and to continue to collect rent by sea.He, Bao Yu, is just about to conquer the world!

Mr. He admired his firmness very much, and decided to let him pay for the dinner. Compared with Huo and Bao's development direction of one sea and one land, Lao Zhangren's Xingzhou firm decided after the war to continue to raise money in Guangdong Province. pig!Increase the intensity of raising pigs!
Increase the intensity of imported grain, no matter what the outside world changes, just raise pigs!
A week later.

Ge Bai came to the serious crime team office, put a box of tea on the table, and said with a smile: "He sir, last time the boss of a Chinese business gave me a box of tea."

"Specially bring it to you to taste."

(End of this chapter)