I want to be a giant of Hong Kong Island

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

The more Wu Guangyao looked at Huangpu Dockyard, the more he liked it!
On a land of about 210 million square feet, 10000 residential units can be built for 4.5 people;

A commercial complex can also be built, integrating shopping centers, luxury hotels, and high-end office buildings;
There are also two primary schools, seven-a-side football field and other facilities in the area;

In short, it is not an exaggeration to describe this large housing estate as a 'small city-state'!
"Let's go! If you keep reading, I'm afraid someone will find out, and we will become spies!" Wu Guangyao looked back and made a joke with everyone.

Everyone laughed and followed Wu Guangyao into the commercial vehicle.

"Boss! Hutchison is undoubtedly the fastest growing company in the past few years. It is said that there are already one or two hundred affiliated companies, and there is still a lot of investment overseas; Hutchison has made such a big step, or it is catching up Jardine Matheson, or it collapsed; I personally think that this behavior of Hutchison Matheson may have buried a big thunder for myself!" Shi Jun said in the car.

Shi Jun's words seemed to resonate with everyone, and they all started discussing Hutchison;

Li Xing also said: "The real estate and stock market in Hong Kong Island have a cycle of several years. Unlike the boss, Hutchison & Co. has a large amount of funds to back it up; if it really encounters a sharp drop, I'm afraid it won't last till dawn."

Seeing everyone 'cursing' Hutchison & Co., Wu Guangyao felt amused!
"Okay! What about Hutchison & Co. is none of our business for the time being! The development of large-scale housing projects does not necessarily have to be Whampoa Dockyard or Taikoo Dockyard; maybe in the future, I will develop a new town with tens of thousands of people. Try!" Wu Guangyao said with a smile.

Everyone opened their mouths wide, doubting their own ears!

A new town with hundreds of thousands of people needs to consider all aspects, the most important of which are probably the economy and transportation;
However, the economy does not seem to be a problem for the boss;

After all, everyone knows that the boss owns many industries, especially industries;
Everyone thought of the word 'wealthy Hong Kong' at the same time!
Shi Jun said: "At present, the development of new new towns is probably only possible in the New Territories; but there is a 99-year lease in the New Territories, so many real estate developers are wary of the New Territories!"

Shi Jun actually mentioned the point, the New Territories not only has traffic problems, but also has a lease issue;
Historically, the main island and Kowloon were ceded, and the New Territories were leased (99-year period, expiring in 1997);

Therefore, before the Sino-British negotiations have not started, or before there is no result, the New Territories are undoubtedly the least protected;
To put it simply, people on Hong Kong Island believed that if Kowloon and the main island were to be taken back by the mainland, at least they had to compete with the British (many people on Hong Kong Island thought they could not take them back at the time);
But the land in the New Territories, by 1997, the mainland could take it back according to the contract.

Wu Guangyao said confidently: "Others are afraid, but it doesn't mean I am afraid! For me, even if I fail in such a big project as gambling, I am still the richest man in the world."

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

When everyone heard it, it suddenly dawned on them that based on the current investment in a new town, 100 billion Hong Kong dollars can almost be leveraged;
But my own boss, not only has a net worth of 100 billion Hong Kong dollars, I am afraid he must have a net worth of 100 billion U.S. dollars!

Wu Guangyao went on to say: "However, it is unrealistic to say these things now, because my industrial system has not yet been perfected. Without the economy, a new town will be nothing but a castle in the air."

Everyone nodded when they heard the words, it is indeed so!

New towns and large-scale housing estates are completely different concepts, not to mention new towns in remote places like the New Territories, where development is even more difficult. Without job opportunities, who will live in such new towns.

After browsing the Huangpu Dock, everyone came to the center of the Yangtze River, but only stayed on the periphery for a while;
"I don't know how long the Hong Kong government will cover these lands in the east of the tip?" Shi Jun couldn't help sighing as he looked at the reclaimed land in the east of the tip.

"No matter how long the Hong Kong government keeps it, we need at least one-third of the land in East Tsim Sha Tsui, after all, it is related to our overall strategy; if we win these lands in East Tsim Sha Tsui, we will be able to connect Tsim Sha Tsui to Hung Hom, and then Surrounding 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 doesn't spend his own money, he can easily complete this task with the listed company Cheung Kong Industrial.

Cheung Kong received 3 million Hong Kong dollars in rent last year, and its total profit reached 3.6 million Hong Kong dollars. This profit is similar to that of HSBC Bank, excluding the dividends of the Universal Group.

You know, HSBC Bank was the No. 1 bank in Hong Kong Island in the previous life;

Unexpectedly, in this life, she was even equaled by a real estate company.

Wu Guangyao said with a smile: "It's enough to take the coastal land. When the time comes, Cheung Kong has no big projects, so let's do it! I'm not a person who eats alone, and I will give some benefits to the shareholders."

The faces of several people were overjoyed, because the executives of the real estate department all owned a lot of shares in Cheung Kong;
Of course, these stocks were personally rewarded by Wu Guangyao to everyone;

Wu Guangyao has a goal, that is, the executives who follow him to retirement will at least be worth billions in the future.

The fourth stop is New World Center!

"Boss, many people are asking me if the high-end residences in New World Center are for sale!" Li Xing, President of Cheung Kong Industrial, said with a smile.

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

An ordinary real estate company, even if it wants to cover up the property, cannot not sell a property;

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

Cheung Kong is different. Without Wu Guangyao's personal support, Cheung Kong can still cover up the entire commercial complex;

This is because Cheung Kong has formed a virtuous circle, seized every opportunity and invested in many high-quality projects.

Wu Guangyao said: "Even if we want to sell it, it will be in the 80s! To be honest, I really want to buy all three high-end residential buildings out of my own pocket as an investment!"

Li Xing said empathetically: "Boss, you don't have to worry. You bought these three buildings now. It can be said that you bought them in a prosperous real estate market. The shareholders have nothing to say!"

Judging from the attitudes of Li Xing and others, it seems that Wu Guangyao's real estate executives have reached a consensus;
That is, property prices in Hong Kong will only get higher and higher!

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

Of course I won't interfere with them!

I remembered an allusion I saw in my previous life. Li Chaoren’s driver left the job. Li Chaoren was worried that the driver’s financial conditions were not good, so he proposed to give some compensation. Unexpectedly, the driver said that he has learned a lot of investment experience after following you these years, so now Worth a lot.

Wu Guangyao thought to himself, I don’t know if this allusion is true or not, but the executives under him and the people around him, in terms of personal investment, basically hoard houses and buy stocks of Wu Guangyao’s companies;
Obviously everyone has great confidence in Wu Guangyao!

(End of this chapter)