Chapter 149 Crazy Plan: Asia Series
"So, Director Chen, have you ever thought about what to do if this technology is successfully developed and Hong Kong refuses to cooperate with us?" another person said.

Director Chen said: "Minister Li, don't worry too much about this. After our investigation, Mr. Liu Zhicheng is relatively reliable, and he invested in this field in order to develop our domestic market."

"Today we just need to give him an answer, whether we are willing to cooperate or not? As for future product cooperation, we need to discuss it separately."

When Director Chen said this, the gray-haired Minister Li coughed and said, "After listening to everyone's speeches, there are only three possible outcomes for this matter. If the product is not developed, we will earn foreign exchange. If the Hong Kong businessmen do not cooperate with us after the product is developed, we will also earn foreign exchange."

Minister Li was obviously the most senior person in the group. As soon as he spoke, the scene fell silent. He continued, "Now that we have developed the research and development, if the Hong Kong businessmen build a factory with us in a joint venture, we can make more money. So, I agree to this cooperation in principle."

"I think so too, but we still have to go all out to develop what others need to develop. Otherwise, if we spend other people's US dollars and get no results, it will probably affect our country's scientific research image," said Director Chen.

"Of course. Since we have promised others, we must do our best." Minister Li nodded and said.

"Okay, in that case, I will tell Mr. Liu Zhicheng immediately." Director Chen replied with satisfaction.

Director Chen finally completed the task assigned by his leader today, facilitated this scientific research cooperation, and generated foreign exchange for the country.

It was almost the New Year in Beijing when Liu Zhicheng and a group of Hong Kong businessmen returned to Hong Kong.

This trip to the north was quite rewarding. The biggest gain was the unexpected acquisition of the development rights for the Beijing-Tianjin-Tangshan Expressway.

This expressway can be said to be an important transportation hub around the capital in the future. It will definitely generate huge profits in the future and will be another important and stable money printing machine under the company.

As a large-scale project of this investment, its role is certainly very important.

Although highway construction is all done with loans, the loans will still flow into the mainland in the form of foreign exchange.

In the future, the number of employees and related supporting employees alone will reach several thousand, which will greatly increase the employment of the population in the Beijing-Tianjin area.

These employed people will have a stable income and will also bring benefits to many families along the route, allowing them to live a happy life.

This expressway is mainly located in the Beijing area and is of great significance. As long as this cooperation goes smoothly and builds a reputation, we will definitely follow suit and get more projects in the future.

Moreover, he was the first Hong Kong businessman to make large-scale investments in the country. In his previous life, this group of people received special care and were given priority in good projects.

Moreover, as long as you don't make any mistakes in principle, you will be honored in the end.

In order to smoothly advance the Beijing-Tianjin-Tangshan and Guangzhou-Shenzhen expressway projects, Liu Zhicheng specially left two people to assist Hu Yingxiang and set up his own office in Beijing.

After returning to Hong Kong, Liu Zhicheng was preparing to convene the main leaders of the group to report on their work at the Federal Building, but he did not expect that Lui Chi-wo and his son Lui Yiu-wah would visit him first.

In his previous life, Lui Chih-ho should be the most low-key rich man in the Chinese world. With a fortune of 237 billion US dollars, he is the second richest man in Asia, only after Li Chaoren.

He took the initiative to visit me today, which shows that he is a low-key person.

"Mr. Liu, this is my son Yaohua." Lv Zhihua smiled and turned to Lv Yaohua and said, "This is my father's benefactor, Uncle Zhi."

“Zhi…” Lu Yaohua hurriedly greeted.

"No, we are of similar age, just call me Brother Zhi, we will go our separate ways." Liu Zhicheng was startled when he heard that he was about to call him uncle.

"Okay, call me Brother Zhi." Lu Zhihe is also a man of temperament. Since Liu Zhicheng disagrees, he will just go along with it.

He brought his son here today mainly because he wanted his son to make friends with this person. If he really called him uncle, it would be difficult for them to get along well in the future.

In this way, an interesting thing happened: both Lu Zhihe and his son treated Liu Zhicheng as brothers.

Later on, they became a legend in the Southeast Asian wealth circle because they created the wealth myth of Southeast Asia.

Hong Kong's property market is now at its peak. The influx of a large amount of overseas funds has accelerated the rise in land and building prices.

The profits of both the real estate businesses of Huangpu Group and Daya Mining increased by more than 50% last year, and the revenue from the rental business of Huangpu Group also soared by 70%.

The Hong Kong government's real estate auctions in the past six months have set new records, especially for land along the subway lines. Dozens of consortiums are competing for the property, and the competition has become extremely fierce.

However, the real estate company under the Huangpu Group did not participate, because Liu Zhicheng had always disagreed with Hao Qingwen's arbitrary attack.

This person is also a firepower person. If he is not careful, he will kill everyone in the official land auction in Hong Kong, and he wants to take all the land into his own arms.

Daya Real Estate, a subsidiary of Daya Mining, has made a fortune since it first won the rights to develop subway properties in Central and Admiralty.

Because of its successful cooperation history with the subway company, it has won the development rights of new subway stations many times. Although Daya Real Estate is not listed, real estate companies in Hong Kong have already called Daya Real Estate the top of the five Chinese real estate tigers in Hong Kong.

Liu Zhicheng felt that it should be the sixth tiger, and this tiger was particularly terrifying because behind him stood the Daya Mining Department.

During this round of stock-land tug-of-war, Daya Mining's market value reached a terrifying level of around HK$30 billion.

"Mr. Liu, do you mean that Daya Real Estate should give up the auction of subway properties in the future?" Lu Zhihe asked slowly.

When Lui Chih-ho informed Liu Zhicheng that Daya Real Estate was preparing to auction the land of three subway stations in Tsim Sha Tsui, he was stopped by Liu Zhicheng.

"It's not absolute. If you can complete the development and sell all the properties within one and a half years, you can participate in this auction," Liu Zhicheng explained.

"You mean, in a year and a half, the real estate industry in Hong Kong will be in trouble?"

Although Lu Zhihe's current success depends to a certain extent on Liu Zhicheng, he himself also started from scratch, so he naturally understands what Liu Zhicheng means.

"That's about right. Real estate has a certain cyclicality. The property market in Hong Kong is too crazy right now. The average price of real estate has exceeded that of 1973. It has reached a certain peak. There should be a wave of adjustments. It is better to be safe than sorry. My suggestion is to finish dealing with the properties you have first."

"Because of the mainland's reform and opening up, Hong Kong has become a springboard for global businessmen to cooperate with the mainland. The influx of a large amount of foreign hot money has reached a dangerous edge. Don't forget that capital is greedy. We cannot be the last one to take over."

Liu Zhicheng glanced at Lu Zhihe and his son again and said with a smile, "I might as well take advantage of the current real estate boom to list Daya Real Estate, and then carry out a rescue operation when the real estate market is sluggish."

Liu Zhicheng certainly wouldn't say much about the negotiations, and could only say that it was a game of 'pass the parcel'.

In fact, someone's fall is just an excuse. In this round of the game, capital has already prepared to escape.

Lu Zhihe knew what Liu Zhicheng meant. Saving the market meant buying at the bottom. He nodded and asked, "Mr. Liu, are you so optimistic about the future of Hong Kong real estate?"

"Mr. Lu, you must always remember that Hong Kong has a large population and a small land area, and the mainland certainly hopes that Hong Kong will have a smooth transition." Liu Zhicheng said mysteriously.

Lu Zhihe was a little surprised after hearing this, but then he nodded and said, "Okay, I will arrange for Daya Real Estate to go public in the first half of this year."

"Mr. Lu, before Daya Real Estate goes public, Shanfeng Investment would like to increase its holdings of some Daya Mining shares and some Daya Real Estate shares. What do you think?"

Liu Zhicheng looked at Lu Zhihe and asked, "Of course, Daya Mining will increase its holdings by about 15%, and Daya Real Estate can maintain its level before the listing dilution. You will still be the largest shareholder."

Lu Zhihe nodded without hesitation and said, "Mr. Liu from Daya Real Estate, you can increase your holdings. This way, I will be more confident."

Because he knew that even if he disagreed, he would not be able to stop Liu Zhicheng from buying shares in the open market. Instead of doing that, it would be better to generously allow Liu Zhicheng to increase his holdings in advance to avoid damaging their friendship.

The bull market in Hong Kong's real estate market started in 1975. Up to now, the average house price in Hong Kong has increased by 4 times, and in some areas it has even increased by or times.

This kind of increase is already quite terrifying. After all, Hong Kong is just a city. No matter how small the land is and how many people there are, the basic market is still too small.

"Mr. Liu, how long do you expect this real estate boom to last?" Lu Zhihe paused and asked again. It seems that he is still unwilling to give up on the development of subway properties.

"About a year and a half." Liu Zhicheng answered straightforwardly.

"One and a half years is too short and a bit dangerous." Lu Zhihe said with a little regret.

"If you really want to do it, can the house be built faster? Working 24 hours a day and hiring more construction teams is not enough?" Liu Zhicheng asked.

"This is feasible for general real estate, but not for subway stations. Given the current price of subway station land, high-rise buildings must be built and sold to recover the cost."

"It's very difficult to lay the foundation for building a high-rise building, because the underground water content of the Hong Kong River is very rich. Let alone building a building, it's hard to lay the foundation quickly, no matter how many people there are."

Lu Zhihe shook his head and continued to explain: "Besides, the subways were not opened at the same time, so it was difficult to hype them up. If you are not careful, you will suffer losses."

"So that's the case. Then there's no need." Liu Zhicheng said.

Nowadays, housing prices in Hong Kong have skyrocketed, and the subway is where the most traffic gathers. If we can speed up the construction and sell it before the real estate market collapses, we can still reap the last bit.

At the beginning, under the influence of Lu Zhihe, I still wanted to give it a try, but now after hearing what Lu Zhihe said, I can only give up completely.

Moreover, real estate development in Hong Kong is generally carried out with bank loans. If this type of leveraged investment is successful, it will naturally make a lot of money. If it fails, it will inevitably result in heavy losses.

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(End of this chapter)