Hong Kong's new giants

Chapter 433 [What a tragedy! 】

In the first ten days of January, New Times Group went to another city and announced that the comprehensive development plan for the site of the Hung Hom Hok Yuen Street Power Plant, in cooperation with New Times Group and CLP, was approved by the Xiangjiang City Planning on January 1, 1992. Committee approval.

The site covers an area of ​​more than 60 square feet (modified, real data). New Times Group plans to develop 25 residential buildings, providing 4750 residential units with a total floor area of ​​350 million square feet.Commercial floor area of ​​30 square feet.In addition, there are children's centers, kindergartens and other rest facilities. The entire development plan will be constructed in three phases.

For a time, Hong Kong and Kowloon were shaken.

New Times Group only announced last year to build two large housing estates and a commercial complex in Tsuen Wan, with a total investment of 180 billion (including the land).

It has only been more than three months since New Era Group once again announced a big plan, and people can't help but sigh: Lin Chaoren is not inferior to Li Chaoren.

Some media also pointed out that in this cooperation, New Era Group spent only 26 billion Hong Kong dollars on land supplement, and the average floor land supplement was only 685 yuan per square foot, which is ridiculously cheap.

Even at the current floor price, the price of this project is more than 170 billion, and New Era Group has once again won a very profitable project.

Lin Chaoren also learned from Li Chaoren. After the sharp fall in 12, he immediately negotiated with the Hong Kong government. This time, the Hong Kong government can only say that it has learned a little bit, but it has not been fully learned, which saved New Times Group at least [-] billion.

The media pointed out: Li Chaoren has three major housing projects, and Lam Superman also has three major housing projects, he really is a superman.

China Power.

Lin Zuhui came to the old Kadoorie's office. This 93-year-old man still sits in the office for 10 hours a day, and he will not retire until his death.

This makes Lin Zuhui, who only works eight hours a day (occasionally working overtime), and often finds time at noon to accompany the fairy for dinner, feels ashamed.

But after thinking about it, Buffett spends a lot of time studying financial reports every day, while Lin Zuhui only needs to invest based on memory; to put it bluntly, Buffett’s hard work for more than 30 years is not as good as Lin Zuhui’s one-hour answer sheet on paper (provided that Have capital and strength).

It confirms the sentence: Some people are born (traversing) in Rome, and some people are born as cattle and horses.

In the office, there are also the old retainers of the Kadoorie family, Gordon and Michael Kadoorie.

It seems that when the old Kadoorie dies next year, Gordon will have to take over as the chairman of the CLP board of directors. When the time is ripe, he will hand it over to Michael Kadoorie.

In fact, Michael Kadoorie is 51 years old this year, but he became a father only last year.

Old Kadoorie said: "Mr. Lin is really good at timing. Your company only paid 26 billion for the land supplement fee for the Heyuan Power Plant, which can be called the Huangpu Dockyard of Superman Li back then."

Lin Zuhui said with a smile: "Anyway, CLP didn't suffer, did it?"

Although the New Times Group's share is 55%, the land subsidy fee and the construction fee are all paid by the New Times Group, so in total, CLP still does not suffer a loss.

For general projects, the land and construction costs are [-] to [-] cents each; obviously, because of the land supplement fee, the Kadoorie family did not even pay the whole land.

Kadoorie said with a smile: "Of course! There are many people who have cooperated with Lin Sheng, and most of them praise you. We are also very satisfied with this cooperation."

In fact, according to Lin Zuhui, this project can be sold at an average of 7000 yuan per square foot, with sales of nearly 300 billion yuan (including shopping malls), land supplement fees, construction fees, and tax costs of about 80 billion yuan, and a net profit of 200 yuan. more than [-] million.

The New Era Group can earn more than 110 billion, which is simply not too cool.

Sceneway Garden can also earn more than 100 billion, because it is an exclusive share of profits.

Li Chaoren's Laguna City will also earn 110 billion. As for the projects in Ap Lei Chau and Tin Shui Wai, they are basically more than 200 billion.

Xiangjiang's real estate is really profitable!

Lin Zuhui said modestly: "Win-win cooperation, this is what it should be!"

Everyone chatted about the project, mainly Lin Zuhui was introducing the development plan of this project to the Kadoorie family. After all, this project was developed by New Era Group, and CLP only shared the profits.Appropriately let them know about it, which can make people feel at ease.

Kadoorie and his son are very satisfied. The development experience of New Era Group is no less than that of any real estate company in Hong Kong, and it has slightly better strength.

When Lin Zuhui left, Michael Kadoorie gave him a ride. As the two cooperated happily in the hotel, Lin Zuhui and Michael Kadoorie became friends, and occasionally held friends gatherings.

Although the Kadoorie family is Jewish, their relationship with Israel is so-so because of some grievances back then.Therefore, the Kadoorie family’s charitable activities are generally carried out in mainland Hong Kong, Europe and the United States, but only in Israel.

It is precisely because the Kadoorie family regards Xiangjiang as their base camp, so everyone can be friends, mainly because they often meet each other.

"By the way, what do you think of Thailand investing in a Peninsula Hotel?" Lin Zuhui asked suddenly.

Michael Kadoorie said somewhat conservatively: "In the past two years, the tourism industry in Xiangjiang has been sluggish, resulting in a low occupancy rate in the hotel industry, and the occupancy rate of the Peninsula Hotel is only over 7%. Isn't it a bit inappropriate to expand now? Of course, I also I am more optimistic about Thailand, and it is still possible to invest in a Peninsula Hotel.”

From [-] to [-], the average occupancy rate of hotels in Hong Kong was [-]%, higher than the international average of [-]% to [-]%. [-] was a golden year for the hotel industry in Hong Kong, with an occupancy rate as high as [-]%.In the peak tourist season, almost every hotel is "overwhelmed", and many hotels have repeatedly apologized for not being able to meet the reservations of overseas tour groups.

Because of such a good market, Xiangjiang built a large number of luxury five-star and four-star hotels in the late 80s. As a result, when these hotels were built, the tourism industry in Xiangjiang was already sluggish.

At present, only the Peninsula Hotel and the four hotels under the New World Group can maintain an occupancy rate of more than 65%. Even after the renovation of the Furama Hotel, the occupancy rate is only [-]%.

The Mandarin Hotel was even worse, with an occupancy rate of just over 1990% in 1991 and just over 48% in [-]. (Occupancy rate reaches [-]% to break even)
When Lin Zuhui heard Michael Kadoorie's conservative words, he didn't rush to make it happen, but said: "Then keep this for now, and think about it after Xiangjiang's tourism industry flourishes!"

Mi Gao nodded happily, although Lin Zuhui is only the vice chairman of the board of directors of the big hotel, he has already established a firm foothold in the Peninsula Hotel.The main reason was that he strongly advocated the acquisition of the remaining equity of Peninsula Hotels in Manila, New York, and Los Angeles, which saved the company a lot of money.

The important thing is that Lin Zuhui is still the major shareholder of the hotel, and the Kadoorie family has only increased their shareholding to 25%, but they are no longer able to increase their holdings.

Because the market value of the Peninsula Hotel has reached 300 billion!

Since Lin Zuhui took over the Peninsula Hotel, the company's market value has remained high. Even when the stock market plummeted in [-], the Peninsula Hotel was very resistant to falling, and then rose quickly.

This situation has set up a big obstacle for the Kadoorie family to increase their holdings.

No solution!

1 Barker Road.

At night, Lin Zuhui was lying on the bed, feeling a little excited, because Guan, Li, and Lin were making surprises for him.

For some reason, Lin Zuhui especially likes this combination, 38-year-old Lin Zixia, 30-year-old Guan Jiahui, and 22-year-old Li Jiaxin. (above)

After a while, three beauties walked in, Lin Zuhui was stunned!
"Are you using this to test the cadres?" He couldn't help but utter a word.

Fortunately, the three women all know that Lin Zuhui is a mainlander and a new immigrant, and Lin Zuhui doesn't care if others say he is a mainlander.It is strength that a mainlander can become the richest man in Hong Kong and tens of thousands of people in Hong Kong can work for him.

Wearing a college uniform, Li Jiaxin said in a tone full of resentment: "Brother Hui, this is the same dress as "Blue Life and Death", why did ATV write that the heroine has cancer? I cry every episode of this drama." , I heard that this is a drama series that you hand-picked?"

Lin Zixia was wearing a light beige fashion, which looked like a 'Hong Kong style' style. Lin Zuhui was most satisfied with her flattering bust.Seeing that she was about to cry, she said, "This drama is really tragic, but it is addictive and I want to watch it!"

Guan Jiahui was also dressed in Hong Kong style clothes, nodded seriously, and then asked pitifully: "Can you tell us, has the heroine's cancer been cured? Did the two get together in the end?"

Lin Zuhui was speechless immediately, what about the expectations?

In addition to Li Jiaxin's academic style, I have some expectations. It seems that it should be imitated from the heroine's school days.The other two women are really not attractive at all.

"How can I spoil it, this is the most immoral thing!"

The three girls immediately surrounded them!

"Zu Hui, you really know the ending, can you tell us? We promise not to spread it indiscriminately!"

"It's Brother Hui, tell us!"

For a while, Lin Zuhui felt the charm of "Blue Life and Death".

"No, I won't do things that violate the principles! But I'm curious, have all the clothes on your body been sold?"

Lin Zixia and Li Jiaxin were immediately disappointed, but Guan Jiahui said: "That's right, it was a brand under IT Fashion back then, and it designed the costumes for the male and female protagonists of this show! Didn't you say you want to do a 'star same style' gimmick, our store It's all advertised!"

Lin Zuhui nodded in satisfaction. The Hong Kong style culture naturally includes clothing, and the LEIT Group has two clothing brands that specialize in the design of the Hong Kong style clothing described by Lin Zuhui, and sell and promote them in Hong Kong.

Although he is not a designer, he still remembers some styles of clothing from his previous life, and after describing them a little, let the designers develop themselves.

"Very good, it is necessary to keep up with Hong Kong culture! Only in this way can our clothing be sold more in the world!"

After a brief compliment, Lin Zuhui looked at the three girls and shook his head, expressing his dissatisfaction!
The three of them had intentionally teased Lin Zuhui, so they broke their tears and laughed, and then went to disguise again.

After a while, the three of them walked in wearing satisfactory clothes and showed them to Lin Zuhui.

There should be no tragedies in this world, and may tragedies only exist in TV dramas.

However, in January in Xiangjiang, there were indeed 300 million people who shed tears while watching "Blue Life and Death".As the first drama of Hong Kong Stream culture, what we want is to be impressive.

(End of this chapter)