I Want To Be a Rich Man on Hong Kong Island

  Chapter 518 [The city is full of Wu's properties 2]

  The more Wu Guangyao looks at the Huangpu Dockyard, the more he likes it in his heart!

  On an area of ​​about 2.1 million square feet, 10,000 residential units can be built, which can accommodate 45,000 people;

  A commercial complex can also be built, integrating shopping centers, luxury hotels, and high-end office buildings;

  There can also be two primary schools, a seven-a-side football field and other facilities in the area;

  In short, it is not too much to describe such a large housing estate as a "small city-state"!

   "Let's go! Look further, I'm afraid we will be spies if we are discovered!" Wu Guangyao retracted his gaze and joked with everyone.

  Everyone laughed, and got into the commercial car with Wu Guangyao.

"Boss! Hutchison Foreign Company is undoubtedly the fastest growing among foreign firms in the past few years. It is said that there are already one or two hundred joint venture companies, and there are still a lot of investments overseas; Hutchison Foreign Company has made such a big step, or it is just catching up. Either Jardine International Co., Ltd. collapsed; I personally feel that this behavior of Hutchison International Co., Ltd. may have buried myself a big thunder!" Shi Jun said in the car.

  Shi Jun’s words seemed to resonate with everyone, and they began to discuss Hutchison Foreign Trade;

  Li Xing also said: “The real estate and stock market on Hong Kong Island has a cycle of several years. Hutchison Holdings is not like the boss and has a lot of funds to back it. If there is a plunge, I am afraid that it will not be able to persist.”

  Seeing everyone'cursing' Hutchison Foreign Trade, Wu Guangyao was amused!

"Okay! It doesn't matter to Hutchison Holdings for the time being! Whampoa Dockyard and Taikoo Dockyard are not necessary for the development of large-scale housing estate projects. In the future, maybe I will develop a new town with hundreds of thousands of people. Try!" Wu Guangyao said with a smile.

  Everyone opened their mouths wide and doubted their ears!

  A new town of hundreds of thousands, you have to consider all aspects, the most important of which is probably the economy and transportation;

  But the economy does not seem to be a problem for the owner;

  After all, everyone knows that the boss owns a lot of industries, especially industries;

  The term'rich is the enemy', everyone thought of this at the same time!

  Shi Jun said: “At present, the development of new new towns may only be available in the New Territories; however, there is a 99-year lease in the New Territories, so many real estate developers are wary of the New Territories!”

  Shi Jun said that on the point, the New Territories not only has traffic problems, there is also a lease issue;

  In history, the main island and Kowloon were ceded, and the New Territories were leased (with a 99-year term and expired in 1997);

   Therefore, before the Sino-British negotiations have not started, or there are no results, the New Territories is undoubtedly the least guaranteed;

  To put it simply, Hong Kong Islanders believed that Kowloon and the mainland had to be reclaimed, and at least they had to compete with the British (many Hong Kong Islanders thought that they could not be repossessed);

  However, this land in the New Territories, by 1997, the mainland could be repossessed in accordance with the contract.

  Wu Guangyao confidently said: “Others are afraid, but it doesn’t mean I’m afraid! For me, even if a big project like gambling fails, I am still the richest man in the world.”

   Wu Guangyao did not say that the Mainland will definitely maintain the New Territories system, because this is a secret!

  Everyone suddenly realized that a new town based on the current investment, 10 billion Hong Kong dollars can almost be leveraged;

  But the owner of his own family has a net worth of more than 10 billion Hong Kong dollars. I am afraid he must have a net worth of 10 billion US dollars!

  Wu Guangyao went on to say: “But now it’s unrealistic to say this, because my industrial system is not perfect yet. Without economy, a new town is nothing but a mirrored landscape and a castle in the sky.”

  Everyone nodded when they heard this, it is indeed the case!

  New towns and large-scale housing estates are completely two different ideas. What's more, the development of new towns in remote places like the New Territories is even more difficult. Without job opportunities, who would live in such new towns.

  After browsing the Huangpu Dockyard, everyone came to the center of the Yangtze River, but just stopped for a while outside;

   "I don't know how long the Hong Kong government will cover these land in the East of Tsim Sha Tsui?" Shi Jun looked at the land reclaimed in the East of Tsim Sha and couldn't help sighing.

"No matter how long the Hong Kong government covers, we need at least one-third of the land in Tsim Sha Tsui. After all, this is related to our overall strategy. If we take these land in Tsim Sha Tsui, we can connect Tsim Sha Tsui to Hung Hom. Surrounded the entire Kowloon Peninsula."

  This sentence was not said by Wu Guangyao, but by Xiu Yanbing.

  Everyone has such confidence because even if Wu Guangyao does not pay for his private house, he can easily accomplish this task with the aid of the listed company, Cheung Kong Industrial.

   Cheung Kong Holdings collected 300 million Hong Kong dollars in rent collection last year, and its total profit reached 360 million Hong Kong dollars. This profit is similar to that of HSBC, without counting the dividends of the Global Group.

  You must know that HSBC is the No. 1 of Hong Kong Island in the previous life;

  Unexpectedly, in this life, it would be evened by a real estate company.

  Wu Guangyao said with a smile: "Just take the coastal land. When Cheung Kong has no big projects, let's do it! I am not a person who eats alone, and I will also give shareholders some benefits."

  The faces of several people are full of joy, because the executives of the real estate department all own a lot of shares in Cheung Kong;

  Of course, these stocks are privately rewarded by Wu Guangyao;

  Wu Guangyao has a goal, that is, executives who follow him until they retire will be at least billions of dollars in the future.

  The fourth stop comes to the New World Center!

  "Boss, many people are asking me whether the high-end residences in the New World Center can be sold!" Li Xing, president of Cheung Kong Holdings, said with a smile.

  New World Center has three high-end residential buildings, three Grade A office buildings, a super luxury hotel, a large shopping mall, and a recreational facility (amusement park);

  If it is a general real estate company, even if it wants to cover up the property, it can't make a property not sold;

  If this is the case, the company will definitely have adverse reactions, such as slow development and missed opportunities, which are more likely to cause a shortage of funds.

   Cheung Kong Holdings is different. In the case of Wu Guangyao’s personal non-support, Cheung Kong Holdings can still do it, covering the entire commercial complex;

  This is because Cheung Kong Industrial itself has formed a virtuous circle, seizing every opportunity node and investing in many high-quality projects.

  Wu Guangyao said: "Even if it is going to be sold, it is still in the 1980s! To be honest, I really want to pay for myself and buy all these three high-end residential buildings as an investment!"

   Li Xing said sympathetically: “The boss actually doesn’t need to worry. You can say that you bought these three buildings in the booming real estate market, and the shareholders have nothing to say!”

  From the attitude of Li Xing and others, it seems that Wu Guangyao's real estate executives have a consensus;

  That is, property prices in Hong Kong will only get higher and higher!

  Wu Guangyao also knows that the personal investment of these executives seems to be the purchase of residential units developed by Cheung Kong, commonly known as hoarding houses.

  Naturally, I will not interfere with them!

I remembered an allusion I saw in the previous life that Li Chaoren’s driver resigned. Li Chaoren was worried that the driver’s financial situation was not good and proposed to give some compensation; I did not expect the driver to say that after following you over the years, he also learned a lot of investment experience, so now Worth a lot.

  Wu Guangyao thought, I don’t know if this allusion is true, but in terms of personal investment, the senior executives and people around him are basically hoarding houses and buying stocks in Wu Guangyao’s companies;

  Obviously everyone is very confident in Wu Guangyao!

  (End of this chapter)