I want to be a giant of Hong Kong Island

Chapter 434 [Prepare for a rainy day and change the industrial structure of Hong Kong Island! 】

After playing golf with his father-in-law, at noon Wu Guangyao brought his whole family to visit Lin Fu at No. 76 Deep Water Bay.

During this period, brother-in-law Lin Hezhi said to Wu Guangyao: "Brother-in-law, I want to buy some more properties and land?"

Wu Guangyao frowned, Lin Hezhi immediately became nervous;
In the eyes of Lin Yongdong and Lin Hezhi, Wu Guangyao's majesty is even more serious than Lin Youde's, mainly because Wu Guangyao has a high position and authority in Hong Kong Island.

Wu Guangyao said, "What's your reason?"

Lin Hezhi said cautiously: "I see that you are optimistic about Hong Kong Island's real estate industry, so I want to buy more bargains."

Wu Guangyao said bluntly: "Then there is no need to invest any more money in it. Your behavior is no different from that of speculators. Now you have bought 3000 million Hong Kong dollars in funds. You should think about how to build and operate these properties. And the land. After all, you have just entered the industry, and you still have to take it step by step. Too many steps will easily lead to unstable foundation. You take me as a weathervane, and it is really not easy to lose money; but the real estate industry is not only about buying low and selling high, learning to map Rules, construction budgets, installment sales, advertising sales, you have no experience in any of these, shouldn't you learn first?"

Seeing his son-in-law educating his son, Lin Youde nodded secretly. This is the real help for Lin Hezhi.

Lin Hezhi blushed, but quickly said to Wu Guangyao: "Thank you brother-in-law for your advice, I will definitely study real estate knowledge seriously."

Wu Guangyao nodded, it's good for my brother-in-law to go on the road!
There will be many opportunities to buy bottoms in the future, but you will only buy bottoms (still take Wu Guangyao as the vane), and if you don’t operate a real estate company honestly, sooner or later your reputation will be affected due to poor management, or even go bankrupt.

For example, Li Ka-shing, Lee Shau-kee and others of later generations are not only good at bargain-hunting, but the houses they build are also popular among Hong Kong residents.

"Then I'll test you! How do you plan to act? When will you act?"

Wu Guangyao's words made everyone in the Lin family concentrate. After all, this real estate company is the family's second business, which is quite crucial.

Lin Youde directly handed over the family's second property to his second son to operate, and he didn't care about it!
Of course, the eldest son Lin Yongdong also has shares, but he does not participate in the management.

Lin Hezhi said: "I plan to wait for the real estate rebound to start, and develop residential buildings in those few sites in Tsuen Wan."

Wu Guangyao shook his head directly, and said: "At this time, Hong Kong's labor and commodity prices are on the rise, and they will rise sharply; you don't lack construction funds, why don't you go to develop now when labor and commodity prices are still cheap?" Two or three real estate projects, which can save a lot of cost. And because you have your own funds, you can completely keep the developed houses in your hands, and wait for the house prices to recover or rise to the ideal price before you start selling. In this way, you The construction cost is saved, and the house can be sold at a high price.”

Wu Guangyao's words made everyone in the room feel that Wu Guangyao was so unpredictable that any sentence could be regarded as the most reasonable saying by everyone.

Lin Hezhi came to his senses and quickly said: "Brother-in-law is right, I will prepare soon!"

Wu Guangyao nodded and continued to guide: "Since you plan to develop the Tsuen Wan chassis, let me ask you, how big should the housing be developed?"

Lin Hezhi was excited, brother-in-law was in a good mood today, and he wanted to give him so much advice.

Lin Hezhi thought for a while and said boldly, "There are workers and poor people in Tsuen Wan, so I think we should develop residential units of 600 square feet to 800 square feet."

Wu Guangyao said: "It's big! You say you are poor, shouldn't it be smaller! 400 square feet to 600 square feet is enough!"

When returning to Villa No. 79 in Deep Water Bay, Wu Guangyao had a look of sadness on his face, which Lin Yueru could tell at a glance;

Lin Yueru didn't say anything, but when Wu Guangyao walked into the study after returning to the villa, Lin Yueru came in with tea and fruit.

Wu Guangyao sat on the chair, closed his eyes and meditated, felt a pair of gentle hands gently massaging his head, and immediately felt a lot more comfortable.

"Second brother, did you make things difficult for you?" Lin Yueru said softly.

"No, how could such a trivial matter embarrass me!" Wu Guangyao said.

Lin Yueru breathed a sigh of relief, it's not as long as her natal family gave her husband a headache.

"Then why do you seem unhappy?"

Hearing Lin Yueru's question, Wu Guangyao wanted to find someone to talk to.

"I am worried about one thing. The economy of Hong Kong Island has developed well these years, but the real estate business has developed the best. Everyone is engaged in real estate. In addition, the Hong Kong government is fueling the flames, so I am worried that the real estate of Hong Kong Island will rise in the future. It has reached a terrifying height. By then, when citizens buy a house, they will have to bear debts for decades, and the pressure will increase greatly. And I, the biggest "landlord" on Hong Kong Island, may be the primary target of being accused by thousands of people."

Wu Guangyao confides his worries to Lin Yueru!
Lin Yueru had to sigh, the greatness of her husband is not so much that the husband is worried about being criticized by others, it is better to say that he is worried about the future of Hong Kong Island!
How can capitalists not be blamed by the poor?
Lin Yueru comforted: "If you don't do real estate, someone will do it; we do real estate, at least we can have a conscience; a few years ago, some real estate developers received the down payment of off-plan houses, and then deliberately left unfinished, earning some money without conscience; As for the quality and layout of the house, we are all the best, and it can be said that few people who bought our house regretted it.”

Wu Guangyao felt very relieved after hearing this. After a long time, he said seriously: "The real estate industry is the general trend of Hong Kong Island. I really can't interfere with it. But I think I can still add some high-value-added and high-tech industries to the economy of Hong Kong Island." I did it. So one of my future directions is to add new industries and inject new vitality into the economy of Hong Kong Island. Maybe it will be ten years, maybe 20 years. Make an effort of your own."

In fact, Wu Guangyao has added too many industries to Hong Kong Island that did not exist in history, and made great contributions to the economy of Hong Kong Island;

For example, shipping, Global Shipping has 7000 sailors and 3000 administrative staff, and Global Shipping’s revenue comes from overseas. Compared with Bao Yugang and others in the original history, I don’t know how much stronger it is. The economy has injected strong momentum.

For example, zipper, the zipper group has 7000 employees on Hong Kong Island, and all the zipper group earns is foreign exchange, which is naturally an economic source for Hong Kong island that has never been seen in history.

And Wu Guangyao's other group companies all earn a large proportion of foreign exchange, so because of Wu Guangyao's appearance, the economic institutions and total value of Hong Kong Island have improved by at least [-]% compared to the original history.

In fact, Wu Guangyao was a little early to be worried at this time!
Hong Kong Island's garments, housing, toys, plastics, umbrellas and other industries can fully persist until the 90s before they gradually lose their competitiveness.

During this period of time, there were no major problems with the economic structure of Hong Kong Island.

However, people without foresight must have near-term worries, and many things need to be planned.

Therefore, Wu Guangyao has decided to lay out the economic structure of Hong Kong Island in the future;

Hong Kong Island is the basic base of the Wu family. Only the better the Hong Kong Island, the more stable the Wu family can stand in the world;
This is what Wu Guangyao has always believed in!

So what kind of layout method?

Wu Guangyao plans to set up a team to help him as a staff member!
Of course, Wu Guangyao also has some plans;

For example, Lenovo Group transferred some electrical and electronic businesses to Hong Kong Island. For example, Beyou Group’s retail and branded clothing stepped up its efforts to go global, and Oriental Media’s animation output and film output.
And these measures are inseparable from one word, that is 'talent'.

It seems that I have to make some changes to the universities on Hong Kong Island, and I need to increase the number of science subjects!
It was such a big game of chess, Wu Guangyao felt a little headache, and it seemed that he had to form a team immediately.

(End of this chapter)