Hong Kong's new giants

Chapter 502 [Arch Fire]

After the matter of the private jet was settled, Lin Zuhui flew from Seattle to Vancouver with the two beauties.

Vancouver is one of the important strongholds of the Lin Zuhui family. The current arrangement is for Wang Zuxian to immigrate here. She owns a local villa worth 500 million Canadian dollars (about 4000 million Hong Kong dollars).

As for other assets, they have not been purchased yet because there are better investment directions.

For example, the 1999 million cash donated to Wang Zuxian last year was all purchased in Microsoft shares. According to Lin Zuhui's prediction, the two investments will get a return of 40 billion to 50 billion Hong Kong dollars by the end of [-], and the same is true for the rest of the women.

Therefore, Lin Zuhui will spend nearly 250 billion US dollars on Microsoft, including 2% of Hengjin Investment, about 1.2% of New Times Group, and about 1% of Seven Girls.

Of course he will not "earn the last penny". Around August 1999, he will let the New Times Group take the lead in liquidating, and then Hengjin Investment and Qinu will gradually liquidate their positions. Quarterly positions are closed.

Vancouver, Pine Cres Road.

The three of them returned to Wang Zuxian's villa. This villa is almost one of the largest villas in this area, and this area is a concentrated area of ​​luxury villas in Vancouver. There are a lot of them, not a thousand, but hundreds.

To be considered a high-end villa in Vancouver, you must first consider the floor area. After all, these are all detached houses, which are equivalent to villas where most people live and apartments where a few people live.

Therefore, the distance between the villas, the area occupied by the villas, and the geographical location of the villas are to evaluate whether it is a high-end villa in Vancouver.

And Wang Zuxian's villa covers a large area, and there is a swimming pool (the weather here is almost useless), a lawn, and a tennis court.Her villa itself is not worth 500 million Canadian dollars, but it is so expensive because it has cost millions of Canadian dollars to renovate.

If it is in Xiangjiang, the value of the same villa needs 1.5 million to 2 million Hong Kong dollars, which is four or five times worse.It can be seen how expensive the property in Xiangjiang is.

There are quite a few Hongkongers who go to New York’s Central Garden to buy high-rise apartments. In total, they buy about 200 units every year, because the apartments there are not half as expensive as the luxury houses in Xiangjiang.

Lin Zuhui didn't understand why the property in Xiangjiang was so expensive before. You said that it has a small land and a lot of people, but there are many undeveloped land and agricultural land in the New Territories.

Only later did he discover that "Xiangjiang's property is expensive" is like a big cake, which involves the interests of too many people. Anyone who wants him to fall is everyone's public enemy.And the largest group of this interest group is the citizens of Xiangjiang. These people either hold a lot of properties, or are in real estate speculation, or even citizens who own a house, and they will not let the real estate decline.

It's like when the new team came to power in the previous life and set up an 85000 plan. As a result, relevant personnel of the Hong Kong government often received threatening letters.

To put it simply, half of the citizens of Xiangjiang do not want real estate to fall, but hope to rise;
Perhaps only less than 30% of the citizens hope that the housing price will plummet so that they can live in a house (in fact, it has really plummeted, and most of them dare not buy it, thinking that it will continue to fall).

In this case, if there are no external factors, it is difficult for real estate to plummet.When the Asian financial crisis hit in the previous life, Xiangjiang property would probably fall by 1993% (on average), but in fact it had risen several times in the previous period, so even if it fell by 1994%, it would fall to about the level of [-]~[-].

Therefore, in Hong Kong, the biggest force that does not want housing prices to fall is the majority of citizens. They either own properties or are speculating in real estate. On the other hand, in the places before Lin Zuhui's crossing, real estate companies have been thundering, property prices 'should not fall', and vacant houses The rate is so high, it seems that there is a big hand covering the sky, just to prevent it from falling.
At this point, Lin Zuhui thinks that Xiangjiang is still good, at least when Xiangjiang Real Estate should fall, it still plummeted.

In the oversized bathtub, Lin Zuhui was soaking in the hot water, lying on top of the bathtub, and the four jade hands behind his back were just right, making him extremely comfortable.Men don't have to go to the Anmo shop to experience this feeling, it is also possible at home, provided that your wife is willing to give you Anmo instead of beating him with a fist.

"Brother Hui, are you coming to Vancouver this time to work, or to accompany us on vacation?" Wang Zuxian asked curiously.

Lin Zuhui said: "I'm already on vacation with you! Of course, I have work tomorrow."

"What about the day after tomorrow?" the two women asked in unison.

Lin Zuhui turned over, leaned against the side of the bathtub, and motioned for the two of them, and then, the two mermaids were in his arms, slippery and soft, which made people feel happy.

"I have a job the day after tomorrow!" Lin Zuhui said with a smile.

"It's disgusting! You are working every day, you are so young, you act like an old man." Guan Jiahui said dissatisfied.

"That's right, what are you doing with so much money!" Wang Zuxian also came up and said in a charming voice.

At this time, even a man would not be indifferent, Lin Zuhui hugged the two of them, looked left and right, one was delicate and the other was charming, which moved the man's heart.

"Before returning to Hong Kong, I will definitely spare a day to play with the two of you!"

"Really?"

"It's almost there!"

The two girls hugged Lin Zuhui excitedly, and they burst into flames.

Currently, New Era Group has a big project in Canada: Coal Harbor Real Estate Project.This is currently the largest investment project of New Era Group in Canada, although it only accounts for half of the shares.

Coal Harbor was originally the industrial land of the Canadian Railway Company. With the economic transformation of Vancouver, the industrial land on the south bank of Coal Harbor has been gradually converted into residential and commercial purposes since the 1980s.The land that New Times Group has cooperated with is 64 acres, which is equivalent to the area of ​​Taikoo Shing in Hong Kong.Of course, high-end residential apartments are being built here, so there are only 2200 high-end residential units; in addition, there are 200 million square feet of commercial area and a five-star hotel with 300 yacht berths.

For this project, Lin Zuhui's plan is to get all the property shares of the commercial and hotel properties before the completion of the project, and keep them for rent collection.

In addition to the real estate project, it was originally planned to acquire a chain store, but was eventually abandoned for the simple reason that the cost was too high and the risk was too great.

Therefore, the assets of New Era Group in Canada are mainly real estate and hotels. The hotel is a Canadian listed company and the largest administrative hotel in Canada. It currently has 7 third- and fourth-level administrative hotels with a total of 1600 rooms.

Lin Zuhui spent two days inspecting existing Canadian industries and listening to investment advice on this side. Finally, he came to a conclusion that his funds could not be "wasted".Therefore, we will not consider expanding investment for the time being.

(End of this chapter)