The Industrial Giant Reborn

Chapter 177 Brotherly Love
"Every time the property at the entrance of the subway station in Hong Kong is auctioned, I don't know how many big consortiums covet it. Even Landmark, which has not completely annexed Dairy Milk International, will not be absent. If we want to participate, it will be very difficult to win in terms of funds. Those who have been in these companies, unless your Hutchison or Xinghe are with me?" Chen Tianfu said.

"Not in a short time, maybe after half a year, and you don't have to think too much, Dad. There are so many subway stations, and there are so many lands near each station. It is impossible for Landmark and Swire to take them all. As long as we find the right time, there is still a chance." Chen Zhiwen said: "And the British consortium basically likes to buy land and then hold it for a long time, especially Hongkong Land, which has acquired Dairy Milk International and is still developing its own properties, while Hong Kong The subway companies in Hong Kong are different from those in other places. The Hong Kong government does not provide subsidies, and can only rely on selling land to recover funds. The way British capital owns it is not in the interests of MTR at all. In a short period of time, they I can still rely on my own funds to support it, and it will definitely not work for a long time. Relatively speaking, I think the threat of Chinese capital is a little bigger."

In most parts of the world, the subway construction is invested by the government, and the future operation is generally subsidized by the government, because drilling subway tunnels, purchasing subways, and future maintenance and operation are very costly. The revenue of a few dollars per person can't be earned back at all.

But the price of the subway cannot be raised. After the price rises, people will go to take the bus or take a taxi. Besides, the purpose of the subway itself is to ease the traffic on the ground. From the perspective of the whole society, it is still profitable, so it must Paying subsidies, in the mainland of later generations, a city will receive billions of subsidies every year.

But Hong Kong is quite strange. Perhaps in order to comply with the so-called "free economy", the Hong Kong government will not allocate funds to build subways, but will hand over the land near the subway stations to the Hong Kong MTR Corporation for operation. It is this strategy to support the subway with the land core logic.

The original Hong Kong subway should have started construction in 1973, but it just happened to encounter the real estate crisis and the global oil crisis. Naturally, the land could not be sold at a high price, so it had to be postponed. It was only in 1975 that the construction began slowly, but it was just the beginning. For a large-scale project, the preliminary preparation time needs at least a year or so. In the second half of 76, the land and vegetables under the Hong Kong MTR Corporation began to be auctioned on a large scale.

Because of this, some British capital can advance money to obtain the land of the MTR, but after a long time, it is simply too much. In the original history, since 1977, many properties in the subway station have basically been composed of various Chinese real estate. The consortium acquired, including Cheung Kong Properties, Hang Lung Properties, Great Eagle Properties, etc., the growth rate of housing prices of subway station properties is faster than that of other places, and these Chinese capitals are also making a lot of money.

"Forget it, just get a piece of the pie. Even if it's you, it's impossible to win too much land. Being too greedy will only cause other real estate companies to form a group to fight." Chen Tianfu said with a smile.

"I know, we don't have that much financial resources. Next, Hutchison Wong will focus on developing the land in Hung Hom, the subway area. I don't care if you participate, Dad. If you are short of money, we can discuss it later." .” Chen Zhiwen said.

Since the father wants to build Hengyi into a five-tiger real estate company in the future, Chen Zhiwen is still willing to push behind it, which happens to save him the energy of worrying too much about real estate. Chen Tianfu's ability may be It is not as good as Li Jiacheng, but they are all mixed in the real estate market. The basic rules are still known, and they are much better than British capital. With sufficient funds and a clear direction, there is no reason why they cannot compete with other Chinese-funded real estate companies.

Besides, Hong Kong’s Chinese-funded real estate companies are not monopolizing Hong Kong in the 90s. Everyone basically restrains each other and will not engage in internal friction. It is not because of unity, but because there are too many places to make money. Even if it is true Focusing on the same project, if the negotiation fails, [-]% of them will end up in a joint venture.

"The land in Hung Hom has been reported recently. Are you sure you can win it from the Hong Kong government?" Chen Tianfu asked.

"To be sure, it's actually just a question of how much money to invest." Chen Zhiwen said with a smile.

Hutchison Wong tried to communicate with the Land Bureau of the Hong Kong Government a few months ago about the "industrial transfer" of the 200 million-square-foot land in Hung Hom Port, but the Lions of the Hong Kong Government asked for a price of 5.8 million Hong Kong dollars. Yang naturally refused to agree, so he delayed for a while, and it was difficult to keep this news completely secret, so some media naturally knew about it.

"Okay, you can figure it out? If you have any financial problems, I can still draw two to three hundred million Hong Kong dollars." Chen Tianfu said.

"No, I've already prepared the funds." Chen Zhiwen shook his head and said.

In this life, Hutchison's slimming speed is much faster than that under the control of HSBC in the previous life. Except for a few core businesses, all others are sold. Even at the price of cabbage, hundreds of millions of Hong Kong dollars can be recovered. It is not sold, but developed together with Li Jiacheng or other Chinese capital, and a lot of funds can also be obtained from it.

And the most important thing is that after 75 years, the real estate market has shown a recovery trend. As a result, a large number of properties under Hutchison Whampoa have more credit lines. Although there is a tendency to continue to expand debts, the real estate industry , or in other words, doing business itself is to play the capital chain to the extreme, otherwise, you will not be able to win the king of Chinese capital at all.

"You are always so confident." Chen Tianfu said with a smile. Of course, he is very happy to have such a powerful son. When he meets his poker friends and colleagues, Shui will not praise him with a thumbs up.

"In a few years, you will see more self-confidence." Chen Zhiwen said with a smile. After a few years, the investment in the technology field will start to pay off, plus a very rare financial opportunity, it will be enough for him to stand in the international competition. At that time, the Hong Kong side, although the income would not be low, was far less important than the other companies.

"There is one more thing I want to tell you." Chen Tianfu paused and said, "You know I have an elder brother. We separated more than [-] years ago. I came to Hong Kong, but he stayed in the Mainland. I have been thinking about them, so I am going to arrange for someone to inquire about where their family is?"

"It should be very troublesome for Hong Kong people to go to the mainland now?" Chen Zhiwen asked.

Although the mainland is now a little more open to the outside world, not everyone can apply to enter. If you want to enter, you must have a diplomatic purpose, or an economic purpose, or an industrial purpose. Zeng Zixing was able to enter before because of the Canton Fair, and he was able to stay for a while. The time is also because there are certain orders, and there are guarantees from the mainland.

It’s only December now, and the Canton Fair is still a few months away. It doesn’t matter, but it’s hard to get in. Of course, in the case of the Chen family, maybe it’s not difficult to get in, but it’s not necessary. The mainland has not yet decided to reform and open up, so why go in?If you just want to buy something, there is no need to go there in person. Although I will definitely cooperate with the mainland in many aspects in the future, I will only abide by the principle of fairness.

"I don't need to send someone in, maybe you don't know, the current trend in the Mainland, many Hong Kong people want to know the situation of their relatives in the Mainland, there is already a big demand market, some people with foresight start to do this business , I don’t know how to do it specifically, but some people have succeeded, and they have been contacted by letters.” Chen Tianfu said a little excitedly.

"But Uncle and the others should not be in their hometown, right? It's not easy to find them?" Chen Zhiwen said with a frown.

He still knew a little about the previous generation of the Chen family. Because of a plague of locusts, the Chen family had to leave their hometown. Fortunately, the brothers of the Chen family were all scholars and could read, and they did not starve to death along the way. After crossing the river once, they were washed away by the current, and there was no way to contact them. Even if they were separated by only a few kilometers, the two brothers could not find each other, and they had to go their separate ways in the end.

Fortunately, the Chen family can swim, and the current was not rushing at that time, if Chen Tianfu survived, then his elder brother Chen Tianshou should be fine too.

Later, because of a chance, Chen Tianfu caught up with the team fleeing from Hong Kong, and also met his current wife Wu Xiuling, and they came to Hong Kong together.

"Your uncle was a middle school teacher at that time. Before we separated, our goal was Yanjing. At that time, our idea was that we would not starve to death in a big city like Yanjing with the knowledge level of the two of us. After that separation, he I should still go to Yanjing, so I plan to entrust someone to go to Yanjing to look for it." Chen Tianfu said.

"Yanjing alone is too big, and it might not be easy to find it." Chen Zhiwen thought for a while and said, without the Internet, want to find someone?It's really a needle in a haystack.And there is another possibility that if the person is not in Yanjing, then there is no way at all.

"Let's try it first, and choose the school in Yanjing first. There is no loss anyway, so just spend some money to look for it." Chen Tianfu shrugged and said.

"That's right." Chen Zhiwen nodded. To the Chen family, this amount of money is nothing more than a drop in the bucket, but to Chen Tianfu, his brother is his closest relative. He shared weal and woe together for decades when he was a child. Now that he is prosperous in Hong Kong, he doesn't Do you know where your big brother is?What kind of life do you live?
If you still can’t find it, you’re not in a hurry. When it’s reopened in 78, your identity will definitely be valued by the central government. As long as you entrust it yourself, the mainland government will definitely be willing to help. But in the current mainland, if you are looking for someone, the government’s Efficiency is the highest.

(End of this chapter)