Chapter 125: The Wing Cutting Plan

Chapter 125: The Wing Cutting Plan
Everyone knows that as long as there are no major fluctuations in the economy, projects in busy locations like Mong Kok MTR station are almost 100% sure to make money, it’s just a matter of how much.

The real estate industry is all about using small amounts of capital to leverage large amounts. Generally, you need to get some initial capital and then take out a bank loan.

Chen Zengxi was silent for a while and then said, "It would definitely be more convenient if we had cash."

"I'd better look at bank loans. If I take out all the money myself, it's not cost-effective in terms of capital cost."

Liu Zhicheng finally realized that these people wanted him to come up with the initial capital, while they were going to make money without anything.

Although the market value of the five real estate tigers is now several billion Hong Kong dollars, these companies are operating many projects at the same time and the cash on their accounts is not that sufficient.

For the Mong Kok Centre project, it would be more cost-effective to have external funds come in and relieve their pressure.

If Liu Zhicheng invested this money, these companies might use it to carry out operations, and then for subsequent funding, they might not be asked to pay out cash.

Although this project will definitely not lose money, it must pay attention to the utilization rate of funds. Moreover, Liu Zhicheng's companies can completely take it on their own.

Li Chaoren saw this and said with a smile: "Mr. Liu, Mr. Chen, today we are just having tea and having fun. We can talk about business matters later."

Liu Zhicheng nodded and said nothing more. But he felt really uncomfortable. When he acquired Wharf Holdings, he wanted to unite them, but he didn't expect to attend a "Hongmen Banquet" today.

It seems that what Li Ao said in his previous life was right, one ZG person is a dragon, and a group of them is a worm.

Now that you are also a real estate tycoon in Hong Kong, isn’t Hang Lung afraid that it will snatch your Mong Kok Center?

It seems that this group of old seniors in the Hong Kong real estate industry still don't want to play with me. I don't have many friends like Lu Zhihe in Hong Kong.

.........

In the office of the Federal Building, Liu Zhicheng held a cup of tea and stood in front of the window, looking at the bustling scenery outside.

Liu Zhicheng has been a little unhappy since he came back from Lu Yu Teahouse last time.

To be honest, he didn't want to snatch too much of Hong Kong's Chinese fortune, but there were always people forcing him to do so, and he was afraid that he would miss too many opportunities to make money!

In fact, Liu Zhicheng doesn’t want to work too hard. Playing more is what he really wants!
After all, with his memory, even if he is lying down now, he can still become one of the top ten tycoons in Hong Kong, because he believes that the trend is irreversible.

After a while, Hao Qingwen came to report on his work. Liu Zhicheng asked directly: "Mr. Hao, how are the properties developed by Huangpu Group this year?"

"Mr. Liu, we have developed three new residential buildings this year. As the property market continues to rise, our net profit this year will be around 3 million. Adding last year's reserve, the company's cash reserve may reach 7 billion by the end of this year."

Thanks to the real estate boom, the current market value of Whampoa Group has increased significantly over the past year or so, reaching almost HK$4 billion.

"Well, there are a few things. A real estate project is currently being developed. Depending on the use of funds, we can hold back the property appropriately to maximize profits." Liu Zhicheng said slowly.

"Okay, Mr. Liu, will the residential buildings in Huangpu City also be covered?" asked Hao Qingwen.

"We won't hold on to the Huangpu City residential buildings. What we need now is popularity, so as not to affect the shopping mall's leasing. By the way, what is the current situation of Huangpu City?"

"Now the first phase of our shopping mall has been fully leased to Lane Crawford, and they are currently carrying out interior decoration." Hao Qingwen reported.

"Well, you have to maintain a good relationship with them and poach some of their management talents if you have the chance. Won't our business management company be operational soon?" Liu Zhicheng said with a smile.

Liu Zhicheng plans to set up his own shopping mall system in the next step, and start operating it in Whampoa City and Whampoa City in Yuen Long, in an effort to create a certain influence.

In addition, Liu Zhicheng also plans to develop the Sailboat Hotel from his previous life as the office center of Shanfeng Investment and Huangpu Group, so as to radiate to the newly built hotels and Huangpu City shopping mall and office building complex nearby.

"And isn't Huangpu City planning to build three hotels?" After asking, Liu Zhicheng told Hao Qingwen the entire concept of the Sailboat Hotel.

Hao Qingwen immediately became happy because his boss finally planned to build his own headquarters building. He thought to himself that this time the tallest building in Hong Kong would definitely be his.

"Okay, I will arrange the design bidding when I get back. Mr. Liu, how do we determine the height of the building?" Hao Qingwen asked tentatively.

"The initial design will be based on the 88-story bidding," said Liu Zhicheng.

"No problem." Hao Qingwen said excitedly.

"Also, now that the Whampoa Group has money, it needs to prepare plans to rebuild the Universal and Lijing Buildings in Central."

Although the stock market crash will happen again in a few years, Liu Zhicheng believes that it is better to build early than late because the labor cost in Hong Kong will only get higher and higher.

After Liu Zhicheng arranged these specific tasks, the two discussed the impact of the oil crisis on the shipping industry and the expansion path of the International Container Terminal Company.

"Mr. Liu, as long as the price is right, OOCL is entirely likely to sell its shares in Felixstowe Port. After all, the oil crisis will also affect the income from the port properties," Hao Qingwen analyzed.

Liu Zhicheng's fingers were tapping on the table again. Now the major shareholder of Felixsto Port is the British Railway Company.

The purchase price of Orient Overseas shares can only be the market price, otherwise, the Iron Bank will ask for too much. Liu Zhicheng thought about it and said, "Is it possible for us to acquire shares in Orient Overseas and agree to exchange them after a few years to acquire shares in Felixsdu Port?"

"Mr. Liu, this is too risky. If OOCL unexpectedly goes bankrupt, all our efforts will be in vain. I think it would be better to use a loan. At least there is some security."

Liu Zhicheng thought about it and agreed that this was the case. Although he had overcome difficulties in his previous life, his appearance in this life had already caused a butterfly effect.

"Well, this matter is not urgent, you should pay close attention to it first."

Liu Zhicheng and Hao Qingwen were only discussing the possibility of acquiring Orient Overseas' shares in Port of Felixstowe. After all, they had not yet decided when to take action.

But Liu Zhicheng was very unhappy with the behavior of Chen Zengxi and others a few days ago, which made him plan to snatch the project, so he said slowly.

"Now that the Whampoa Group has money, it needs to expand outward appropriately. The land of the Mong Kok MTR station will be auctioned soon. You can go and sign up. The price is within 4 million Hong Kong dollars. You can decide."

Liu Zhicheng was determined this time to let them see his true strength, so that they would not think that he was afraid of them if he did not compete with them.

"Okay, Mr. Liu." Hao Qingwen was of course happy.

Liu Zhicheng had always suppressed him in the past, but today he confessed two important things to him at once. How could he not be happy?

.........

In May in Hong Kong, the weather started to get hot. People had already changed into T-shirts and started their summer life.

Liu Zhicheng, Baochuan Wang, Feiting Tai and others were invited by Shenhai City to come to the mainland again.

"Mr. Bao, Mr. Liu, Mr. Huo, please go to the guesthouse and have a rest today." Director Shen of the China Merchants Group said to everyone.

Of course, there were not only the three of them who came here, there were also seven or eight other wealthy people in the city from all walks of life.

However, what Director Shen of Pengcheng City paid most attention to were Feitingtai, Liu Zhicheng and the charter boat king.

Liu Zhiben originally wanted to go directly to Shekou to check out Chigo International's electric fan project, but a group of tycoons from Hong Kong came to the mainland, and it was impossible for him to act alone.

At present, Pengcheng is just a shabby little county town. At the beginning of this year, it was still called "Bao'an County". The mainland has just decided to carry out a pilot reform and development project here.

Liu Zhicheng knew that the real construction would have to wait until September this year, when the engineering troops arrived to support the construction, and Pengcheng City would begin to make rapid progress.

In his previous life, Liu Zhicheng had been here once, but at that time Shenhai was already a world-class city with skyscrapers everywhere.

Therefore, the current Pengcheng is very unfamiliar to Liu Zhicheng, although he is not sure where he is standing now in his previous life.

But he knew that if he bought a large piece of land here now, it would become an asset worth astronomical amounts in a few decades.

However, it is just something we can think about, because the mainland has just started its reform and opening up, and everything is still being done by trial and error. Currently, the land cannot be sold and can only be developed through cooperation.

Including the first commercial housing project in the mainland to be launched next year: Donghu Liyuan. Although it is a cooperation with Xiangjiang Capital, one provides the land and the other provides the money, it is still a "compensation trade" in name.

"Let's go!" said the boat charter king.

Upon hearing this, everyone walked into the guesthouse.

When the tycoons came to Pengcheng, the city sent several leaders to receive them. They were received by the mayor of Pengcheng and the directors of various departments. A leader was also sent by Nanyue Province.

At present, the mainland is in the initial stage of reform and opening up, and construction funds are needed everywhere, not to mention foreign exchange. Attracting Hong Kong capital has become the government's top priority.

Today, a large number of wealthy people from Hong Kong appeared in Pengcheng at the same time, which attracted great attention from Guangdong Province and Pengcheng City.

The high-standard reception started with a luncheon. Although the standard was not as good as some of the top restaurants in Hong Kong, it was sumptuous but not luxurious.

After lunch, everyone returned to the guesthouse to rest, and Liu Zhicheng chatted with the boat charterer Wang and the airship Tai.

Because this guesthouse is really too simple, although they have suffered hardships in the past, they have been living a life of luxury in the past few decades.

Pengcheng was just established as a city and inherited the conditions of the former Bao'an County. It would be strange if it was not simple.

The charter boat king took a look at the guesthouse and said, "The infrastructure in Pengcheng is too simple now."

Liu Zhicheng smiled and said, "The last time I went to Shekou to invest, it took me two hours to travel 20 kilometers from here."

Feiting Tai said: "It is not available now, and we have to thank Mr. Liu for his generous donation."

(End of this chapter)