The Industrial Giant Reborn

Chapter 16 Official Letters of Type B

December 24th, Christmas Eve.

After playing Fight the Landlords in the morning, Chen Zhiwen returned home in the afternoon. Although he didn't care about Christmas in the West, Hong Kong still had a two-day holiday. Over the years, family gatherings have also formed a habit. Of course, the more joyful thing is the Chinese New Year.

However, when supplies are abundant, every day is New Year’s Eve, and there is no interest in festivals, and the same is true in later generations of the Mainland.

Today, Chen Tianfu and Wu Xiuling asked the Filipino maid to go home to rest, and the two of them cooked dinner by themselves. Chen Zhiwen was going to go upstairs to sleep, but he was a little tired in the morning, so he naturally wanted to rest in the afternoon, but Wu Xiuling insisted on calling him out. He fought, and in the end, Chen Zhiwen found a good job as a meatball maker.

Meatballs are not pure meat, but glutinous rice mixed with meat, then wrapped into a ball shape, and then deep-fried in an oil pan until the surface is golden, and it smells delicious when surrounded, Chen Zhiwen couldn't help making meatballs, holding The chopsticks picked up the meatballs from the fried bowl next to them and ate more than a dozen of them without knowing it.

"Eat less, you won't be able to eat dinner later." Wu Xiuling hastily removed the fried meatballs, but Chen Tianfu also ate them secretly, and was scolded again.

After two hours of busy work in the kitchen, a table of hearty meals was successfully cooked, and it was almost dark.

There was no ceremony, and the three of them ate. Fortunately, there was no most unpalatable turkey.

"There are too few people, son." Wu Xiuling said secretly while eating, "When will you bring a girlfriend back?"

"What's the rush? I'm still young and my career comes first." Chen Zhiwen hurriedly put "career" first and suppressed the topic. This is really a cliché. Every time I come back, I will be questioned. It was the same in the previous life, and it is still the same in this life.

"Does it affect your career if you talk about a girlfriend?" Wu Xiuling hummed, "Your career is considered a success, and our Chen family is a little famous now. There are only three people eating this dinner."

Chen Tianfu obviously didn't take it seriously, he ate his own, he didn't want to care about it.

Chen Zhiwen ignored him, he really wanted to say why his father was not allowed to marry a "younger" when it was legal a few years ago when there were few people, but after thinking about it, forget it.

I was eating a crab that was estimated to be a pound, and I don’t know where it came from. It tastes very good. This kind of food is most popular with rich people. It tastes very refreshing, but there are not many people who actually eat it. It can satisfy the taste needs very well. , will not make people fat, and will not have the risk of diabetes.

At the end of the dinner while chatting, Chen Zhiwen and Chen Tianfu watched the news on TVB. The main topic in the news was naturally the economy, which introduced the situation of the global oil market and the price fluctuation of Hong Kong real estate and so on.

"Dad, how is your recent real estate?" Chen Zhiwen asked casually. Before that, Chen Tianfu had several real estate projects under construction. Later, after the land price plummeted, Chen Zhiwen gave him 8 million funds for turnover.

"The house has been built, but it is not easy to sell. Many people are still waiting and watching." Chen Tianfu also replied casually. With enough funds, even if the house cannot be sold, there is no worry about problems.

Chen Zhiwen said: "Why don't you give me the house, I'm going to set up a factory near there, just to give the employees some places to live."

Previously, Chen Zhiwen bought a few pieces of industrial land on purpose, and then built a 12-story industrial office building. These three office buildings add up to a total of 800,000 square feet (about 80,000 square meters), which will also be the starting point of his industry, and the location of this industrial building is When I was there, I also deliberately picked a place close to his father's real estate.

"It's not a problem for you. Do you think Hong Kong's industry still has a lot of room for development?" Chen Tianfu asked.

"Of course, Dad, if you still have a little money, I suggest that you can directly invest in industrial real estate. The cost is low and you can buy a lot." Chen Zhiwen said with a smile.

In the 1970s, Hong Kong's industry began to decline, but because of the rapid expansion of the global market and the rapid expansion of the incremental market, even though the proportion of Hong Kong's industry in Asia is getting lower and lower, the total amount is still getting higher and higher.

The whole of Hong Kong can still enjoy 10 years of dividends, and the growth rate of industrial real estate will exceed that of residential and commercial office buildings in the next few years, but the plate is too small, even if the larger real estate companies invest, they will not fully invest.

Chen Tianfu thought for a while and said, "Okay, I'll go check it out tomorrow."

Chen Zhiwen thought for a while and said, "Dad, you should know about the exchange of the land certificate with a second official letter, right?"

"I know, you are also optimistic about this?" Chen Tianfu asked. When his son mentioned this, he should naturally be optimistic about it.

Chen Zhiwen nodded and said, "Yes, I want to stock up some, but I won't come forward to buy them. Dad, you know people in the industry, so just buy them for me. I want as much as I want."

The second type of official letter for land certificate, this thing first appeared in the late 1950s. At that time, there was a lot of heavy rain in Hong Kong due to the weather. In order to achieve long-term development, the Hong Kong government had to carry out a lot of land reconstruction to ensure that the flood could be discharged in time, and at the same time it could A certain amount of water storage should be carried out. Otherwise, Hong Kong will experience frequent floods and water shortages. The unstable water supply will be very bad for the economy, and will also affect the income of the Hong Kong government and the British consortium.

But such a large land project requires a lot of demolition and a lot of funds. You must know that the flood control project itself is very expensive. The Hong Kong government does not have enough cash, so it launched the "Type B Official Letter for Land Certificate".

The Hong Kong government issued a "land exchange certificate" of the corresponding area according to the proportion of the demolished house. Anyone who holds this certificate can exchange land with the government according to the ratio.

The "Type B certificate of land exchange by official letter" has a certain priority. This is the government's original promise. land to those with priority. It's just that this priority privilege is not valued by most people.

At that time, the Kowloon Peninsula was waiting to be developed, and the land in the New Territories was worthless at all. If it was given to a real estate developer, they might not even take a look at it. As long as you are in the specified habitable area, you can exchange for the corresponding area. Anyway, there are plenty of vacancies in other places in the New Territories, so you can choose whatever you want.

It’s just that the real estate market depends on the population in the long run. When Hong Kong keeps absorbing high-quality immigrants from the north, the demand for real estate cannot stop. However, there is a fatal flaw in the Kowloon Peninsula, that is, due to air traffic control factors, high-rise buildings cannot be built. Coupled with the development of commercial economy near the airport, it is really not a good choice.

As a result, bigwigs with a vision for the future began to make arrangements early on. For example, Lee Shau-kee, as early as the early 1970s, began to purchase a large number of "Type B official letter exchange certificates". The government must focus on the development of the lot.

This early foresight also laid the foundation for Lee Shau Kee's later rise. In the 1990s, with the certificate of land exchange, Lee Shau Kee won a large number of high-quality land in the New Territories. Can obtain billions of Hong Kong dollars in net profits. With these profits, Lee Shau Kee built the tallest building in Hong Kong, IFC (Hong Kong International Financial Center), and the annual rent is not lower than Harbor City, the largest shopping mall in Hong Kong.

Chen Tingyao, the chairman of Nan Fung Group, also has a vision. As early as the 1960s, he began to purchase land exchange certificates. With this investment, in the 21st century, the family wealth of the Chen family reached hundreds of billions of Hong Kong dollars.

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