Chapter 141 Taxi Licence
When BYD's EVO showed its strength in the United States,
Fang Hexuan is also demonstrating his strength as the richest man in Hong Kong.

DreamWorks Pictures' "The Brave" was released in early February and grossed HK$2 million in late March, HK$3 more than the original film.

Although DreamWorks did not win the annual box office championship this year, it won with its strong strength, attracting many talented filmmakers to join.

For example, there is the up-and-coming cinematographer Huang Yuetai, as well as the talented art director and editor Zhang Shuping.

Any group of people that DreamWorks can pick out now are talented people who will leave their mark in future Chinese-language films.

In addition to movies, major projects such as the richest man Fang’s island estate, the commercial complex Lan Kwai Fong, the Tseung Kwan O Film and Television City and theme park, and the "Far East Financial Center" on Harcourt Road in Central are all under steady construction.

When it comes to contribution to Hong Kong's economy today, even if Fang Hexuan is not among the top few, he is definitely on the list.

Given the manpower, infrastructure materials, etc. required for these major projects, they are definitely a major growth point for stabilizing the basic economic situation in Hong Kong at a time when exports are becoming increasingly sluggish.

In addition, Fang Hexuan also defeated Japanese girls every night on the big bed in the Hilton presidential suite, proving to the Japanese people that even though he was busy with work, his super physical talent was still enough to kill them in seconds.

However, there was one incident that almost made Mr. Fang lose his temper.

March 1981, 3, Reagan's 30th day in office.
He was shot with a revolver as he left the Hilton Hotel in the District of Columbia after having lunch and giving a speech with union representatives.

Fang Hexuan was also shocked when he saw the news that day.

Although he knew that President Reagan might face this fate,
But he was still worried that there would be a slight deviation in time and space, causing Reagan to be shot to death.

If that's the case, then wouldn't all his previous accuracy and subsequent plans be in vain?

Fortunately, the inertia of history is still very strong.

Reagan was shot in the lung, causing severe internal bleeding.

But thanks to timely rescue, he was out of danger soon.

On April 4, Wanda, which is now poised to become the largest real estate company in Hong Kong, participated in an auction.

In fact, since the first auction in July last year, Wanda Real Estate has rarely participated in land auctions organized by the government.

During these 9 months, Hong Kong's real estate market has been booming.
Fang Hexuan was unwilling to pay more IQ tax for some land that was not in a central and prosperous area.

But this time the land auction organized by MTR is in a good location. Although it is not a prime location, it is still considered within the Central financial circle in later generations.

The land is located at 8 Cotton Tree Drive, with an area of ​​approximately 13825 square feet, which is just over 1000 square meters, but it still attracted many people to participate.

Later, Dongchang Building was built on this land. It is sandwiched between the Bank of China Building and the Golden Gate Building. In the eyes of most people, the geographical location is absolutely excellent.

On its left side is the later Lippo Centre, which was also the land that Fang Hexuan wanted to acquire.

The Hilton Hotel (Cheung Kong Center), Golden Gate Tower and Lippo Center form a stable triangle, and the land to be auctioned today is located at the center of the triangle.

There was no way Fang Hexuan would let such an important position be taken by anyone else, as this would seriously damage his obsessive-compulsive disorder.

Although it was said before that Hong Kong's real estate market was overheated and would soon see a decline, the critical point had not yet been reached in early April.

Therefore, many real estate developers are fighting for this small piece of land.

But in the eyes of Fang Hexuan, the richest man in Hong Kong, everyone here is garbage.

In the end, he bought the land with an area of ​​only 4.88 square feet for HK$13825 million, setting a sky-high price of HK$35298 per square foot.

While the major real estate developers were helpless, they also hated Wanda and Fang Hexuan.

The Hong Kong media had little reaction. After all, they didn't even look at who bought it. But the MTR was very happy. As long as Wanda, owned by the richest man Fang, showed up, any auction would be a sure win.

Fang Hexuan only takes what he wants, and Wanda rarely participates in projects like new town development.

He felt that if some real estate companies were unclear, he wouldn't mind taking drastic measures and forcing them to change their surname to Fang.

After Wanda's second auction ended, Fang Hexuan turned his attention to something he had planned long ago -

He wants to purchase a large number of taxi operating licenses in Hong Kong and Macau!

In later generations, anyone who has traveled to Hong Kong knows that Hong Kong’s taxis are basically occupied by Japanese cars.

However, Fang Hexuan was also extremely unhappy when he saw the Japanese taxis running around on the streets.

In fact, taxis became popular in Hong Kong as early as the 40s.

At that time, Toyota's Crown did not appear on the streets of Hong Kong.

Plymouth, Dodge, Austin, Ford, Peugeot and other European and American models were the representative taxis in Hong Kong at that time.

It was not until the 60s, when Japanese cars were introduced to Hong Kong, that the original European and American models were quickly replaced by neon cars.

With lower prices and fuel consumption, coupled with greater durability, Japanese cars quickly monopolized the Hong Kong taxi market.

Fang Hexuan still clearly remembers the day he was released from Stanley Prison.

When he, his mother and sister took a taxi back to Chongqing Building, he felt very complicated when he saw the Crown for the first time.

He didn't expect that by 1978, Japanese cars had already occupied the streets of Hong Kong.

Taxi operating licenses have been an investment in Hong Kong since the 80s.

The price of license plates has skyrocketed, from HK$1989 in 50 to a peak of HK$2016 million in 750.

Hong Kong people who bought taxi operating licenses at low prices in the early years are now happy to rent them to taxi companies.

You can live a happy life as a landlord just by lying at home.

Currently, there are three colors of taxis on the streets of Hong Kong.

Red taxis can go anywhere in Hong Kong, and the license plate costs up to HK$700 million, which is enough to buy five Porsche 5 sports cars worth more than HK$120 million.

Green taxis can only be driven in the New Territories and the license price is about HK$500 million.

Blue taxis can only be driven on Lantau Island.

Fang Hexuan plans to concentrate on acquiring these operating licenses in Hong Kong and Macau, but his purpose is not to run a taxi company.

After buying the license, it can be rented to taxi tycoons like Hu Zhong, but there is only one requirement -

BYD models must be used.

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(End of this chapter)