I want to be a giant of Hong Kong Island

Chapter 678 [Reverse the trend! ] (4200 words for a wave of votes)

The land compensation fee for Huangpu Dock was finally fixed at 3.5 million Hong Kong dollars, plus 2 million Hong Kong dollars in road fees;

This price is cheaper than what Lao Li talked about in the previous life;
In this life, the reason why the Hong Kong government agreed to such a low price is naturally to reciprocate the price, to thank Wu Guangyao for his assistance in the "Hong Kong dollar crisis";
Wu Guangyao lent 20 billion US dollars to the Hong Kong government, and the monthly interest can be more than 1 million Hong Kong dollars, but Wu Guangyao gave the Hong Kong government interest-free for 3 months.

At the same time, after the Hong Kong government fixed the exchange rate between the Hong Kong dollar and the U.S. dollar, Wu Guangyao also ordered his bank to open a U.S. dollar exchange window;
The reason for this—exchanging his own dollars to others, Wu Guangyao also has a reason:

First, as long as the exchange rate is fixed, Hong Kong dollars and U.S. dollars are the same to me, because I am optimistic about the development of Hong Kong; don’t look at the loss of foreign exchange in Hong Kong in the recent period, but as long as the Sino-British negotiations are over, outside funds There will be crazy inflows into Hong Kong; as a free economic zone, Hong Kong is relatively convenient for capital outflows and inflows. As long as there are no problems with the policies, foreign capital will flow in crazily.

Second, in the past few years, Wu Guangyao will try not to use Hong Kong funds to invest overseas, so as not to be called a capital walker; of course, there are still a lot of overseas investments, but Wu Guangyao still has five children overseas. Investments can be made in their names; while Hong Kong's two branches will mainly invest in Hong Kong and the mainland; therefore, it is unnecessary to keep too many US dollars, and switching to Hong Kong dollars also meets actual needs.

Moreover, no matter what he said, Wu Guangyao is now a member of Hong Kong, and he likes Hong Kong to stabilize the exchange rate and people's hearts earlier.

If it is not because of the political crisis, but because of the economic crisis, Wu Guangyao believes that he is now capable of resisting anyone's attack;

If in 1997, overseas financial hunters dared to come to Hong Kong to play the autumn wind, Wu Guangyao would definitely not let them have a good time.

In this life, Wu Guangyao will be able to let them understand what it means to go without return.

Time passed quickly, and another half a month passed.

Xiangjiang was hit by good news one after another during this period, the market finally stabilized the decline, and the Hang Seng Index stabilized around 900 points;
Of course, the transaction volume in real estate is still sluggish, which is similar to the period of the lowest decline, but slightly better;
After all, the reaction speed of the real estate market is far lower than that of the stock market.

Sino-British negotiations have made some obvious progress, and Britain's willingness to withdraw from Hong Kong has become superficial;

With the future problem solved, the second most important thing is naturally the economy, and for many people, the economy is even more important than life, that is, ordinary people who have lost a large number of jobs due to the economic crisis.

On September 9, Hutchison Whampoa announced in the media the preliminary construction plan of 'Whampoa City', with a total investment of 20 billion Hong Kong dollars (including the land price).

On September 9, Hongkong Land Group and Kowloon Real Estate reached a real estate project transaction: Hongkong Land Company sold the Chater Building, Alexandra Building, and Hongkong Land Building in Central to Kowloon Real Estate for a transaction price of 21 billion Hong Kong dollars; Hongkong Land Group received 45 billion Hong Kong dollars will be used for short-term bank debt and restarting real estate projects.

9月22日，有媒体报道出，吴氏家族旗下的地产公司，目前在港正在建设的地产项目，总投资为400亿港币以上；其中交易广场总投资100亿（包括地价57亿港币）、时代广场总投资25亿港币（不包括地价）、黄埔诚总投资50亿港币（包括地价）、白笔山别墅群总投资40亿港币（地价16亿港币）、银线湾高级住宅区总投资50亿港币（包括别墅区，地价23亿港币）、天水围湖光庄园总投资25亿港币（第六个大型屋邨，投资包括地价。）
Faced with the stimulus of these good news, the stock market still responded the fastest. Of course, real estate-related stocks soared one after another, generally above 5 points, and most of them rose by more than 10 points.

Just when the market responded enthusiastically, China Everbright Bank, Hang Seng Bank, Standard Chartered Bank, and Hang Lung Bank issued a joint announcement: officially launched a support plan for enterprises operating in Hong Kong; any enterprise itself has no problems, but is seriously affected by external influences Enterprises are all within the scope of support; these enterprises can take the initiative to seek help from the four banks, and the four banks will provide maximum support.

Seeing this, HSBC hurriedly followed, for fear that everyone would steal the limelight of this 'pseudo-central bank'.

For a time, it caused a violent reaction in Hong Kong Island, and some companies began to go to the five banks to seek help;
After the real estate crisis broke out, most of the banks in Xiangjiang began to shrink their lines and withdraw funds from the real estate market. Even if some companies were not forced to repay their debts immediately, it became extremely difficult to approve loans for new projects, which actually affected the entire real estate market. It's even worse.

Without the support of banks, how many real estate companies can develop projects with their own funds?

Of course, confidence is also a key issue. For example, Hang Lung Properties' Admiralty Section [-] real estate project, if they dare to gamble, they will definitely not lose money, and even make a lot of money;

As for how to raise funds, Wu Guangyao had already suggested to them at the beginning, that is, their respective companies pumped water in the stock market, as well as combined bank loans (each bank will lend a little, and the bank will still pass it. After all, the combined companies of the consortium are all It is a good real estate company.)
Hang Lung Properties
Chen Zengxi was in a complicated mood in the office at this time, holding a newspaper in his hand;

"If someone had given me a loan back then, I wouldn't necessarily have given up on the Admiralty Section [-] project!"

"Everything is fate, nothing can be controlled!"

It turned out that when Chen Zengxi saw the "support plan" issued by China Everbright Bank, Hang Seng Bank, Standard Chartered Bank, Hang Lung Bank, and HSBC in the newspaper, he suddenly felt a little regretful that these banks only started to support after he lost the development rights of the second section of Admiralty. plan.

"This is life! However, being able to withdraw the reservation (Hang Lung's total of 1.5 million Hong Kong dollars) has prevented Hang Lung Bank from being seriously injured; speaking of it, I really have to thank Mr. Wu Guangyao for his 'life-saving' grace."

"Admiralty Second Section has nine stations with development rights, and the development property on the first station has not sold much. If we really get a loan at some point, we may not be able to make a lot of money. At this time, it seems that real estate The situation has begun to stop the decline, but it has not seen an upward trend. Only the consortium with real financial resources can persist until the dawn of real estate!"

Chen Zengxi quickly figured it out again, and felt a little better.

"Jingle Bell!"

The sound of the phone disturbed Chen Zengxi's thoughts, Chen Zengxi picked up the phone!

"Hi, Chen Sheng, I'm Wu Guangyao!"

"Mr. Wu, hello!"

"Well, are you still interested in the seven station projects behind Admiralty Second Section? If you are interested, let's sit down and chat!"

"Yes! Give me a time and place!"

Putting down the phone, Chen Zengxi was overjoyed!

There are a total of nine stations in Admiralty Section 8000. Only two stations have been developed so far, and there are still seven more stations to develop, with development rights for 5 residential properties and [-] commercial buildings;
Although the Hong Kong government conducts approvals one by one, the property development rights at the nine stations are packaged and tendered;

Therefore, there are still development properties on the next seven stations, which are in the hands of Wu Guangyao.

"Sure enough, this guy only has a lot of determination for commercial buildings in high-quality locations, but not too much determination for residential properties; otherwise, with his strength, there is not much room for development of real estate developers on Hong Kong Island. "Chen Zengxi said to himself.

This is actually a fact. Wu Guangyao does not have high requirements on the development level of residential buildings, as long as he can supply 20% of the market demand in Hong Kong, that is to say, he can reach the level of Li Chaoren in his previous life.

Central, Mandarin Hotel.

Wu Guangyao was sitting in a box, and standing beside him was Atkinson, the general manager of the Mandarin Oriental Hotel in Central;

While waiting for someone, Wu Guangyao briefly listened to Atkinson's report on Hong Kong Mandarin Hotel.

At this time, Mandarin Hotel was not called Mandarin Oriental Hotel, and there were only two hotels in Hong Kong and Bangkok;

Far from reaching the scale of later generations - 27 hotels are in operation in 45 countries around the world, of which 19 hotels are located in Asia, 12 are located in the United States, and 14 are located in Europe, the Middle East and North Africa.

In the previous life, Mandarin Hotel was spun off in 1985 and developed independently; at the same time, it was renamed as 'Mandarin Oriental Hotel', and Mandarin Oriental Hotel Management Group was established, which started the process of rapid development.

In this life, Wu Guangyao will naturally not bury this hotel brand, and will soon spin off Hongkong Land Group and use the brand of 'Mandarin Oriental';
As for the future development, it will never be lower than the achievements of the previous life;

Although the Mandarin Oriental Hotel will be spun off, it still belongs to the Hongkong Land Group. It is just a spin-off and independent development.

In the previous life, the Hong Kong Mandarin Oriental Hotel was listed as one of the three major hotel blue chips (Peninsula Hotel, Miramar Hotel), and it was as famous as the Peninsula Hotel. This shows the strength of this hotel, and it is even more famous in Central than the Hilton Hotel.

In this life, among the hotels in Hong Kong, the hotel owned by Wu Guangyao naturally occupies an absolute advantage;
Even in overseas surveys, the Burj Al Arab and the Ritz-Carlton Hotel are the absolute first echelons in Hong Kong, with a very high reputation in the world (the top ten in the world);

The second echelon is the Peninsula Hotel, Mandarin Oriental, Shangri-La Hotel, New World Hotel, Regent Hotel, Marco Polo Hotel, Westin Hotel, etc.

"Well, it's a critical moment for the company recently, you should pay attention to it; after the restructuring plan of Hongkong Land Group comes out, Mandarin Hotel will have a great development opportunity, and you will also have a bright future." After listening to the report, Wu Guangyao encouraged.

"Boss, don't worry, the company's employees have been very active recently, and they haven't shown any abnormal behavior. On the contrary, they are full of admiration for you, boss!" Atkinson flattered him respectfully. Those who can defeat the Keswick family are naturally not these British executives can rebel.

Moreover, when Wu Guangyao settled the three giants of Hutchison Whampoa, he immediately let the British executives of his company understand that the strength of the Chinese today has far surpassed that of the British, so it is true to put away the previous arrogance and do things well.

Cultural Oriental Hotel has a good heritage and is very suitable for developing into a high-end hotel brand, so Wu Guangyao decided to carry it forward;

In this case, Wu Guangyao's high-end and luxury hotel chain brands include: Ritz-Carlton, Westin Hotel, Shangri-La Hotel, Mandarin Oriental Hotel;
This scale is no smaller than the Marriott Hotel Group in the previous life!
What's more, hotels like the Burj Al Arab, New World Hotel, and Regent Hotel will develop into hotel chains in the future, adding to their prestige.

As for mid-to-low-end hotels, it would be good to wait until the Internet comes out before developing their own brands.

(End of this chapter)