"It's just a bridge, just pad, anyway, the main thing is to take a loan. Xu Zhi waved his hand and said. Although the location of the Huangpu River Bridge has not yet been decided, experts estimate the budget to be between 90 million ~ 120 million US dollars, if according to the capital operation of the Xiangjiang side, 90% of the funds will come from loans, and the first batch of the project's initial capital of 3 million US dollars is enough.

Since the mainland has just opened up, it is not necessary to borrow too much funds from foreign banks, otherwise it will inevitably develop faster throughout the 80s, and many large-scale infrastructure projects do not need to be intervened by Hong Kong capital at all.

Xu Zhi then asked, "How is the construction of the Mong Kok Center?"

Wang Liming said: "It will be capped soon, and according to the laws of Xiangjiang, we can pre-sell." ”

"Okay, let's wait for the next year to start preparing. Xu Zhi nodded and said that Mong Kok Center was Evergrande's first large-scale commercial project, and Xu Zhi did not have a construction team when it was first built, so he contracted out the entire project.

More than a year has passed, and the 22-storey mall office building is about to be topped out, and it can also be ready for pre-sale.

Xiangjiang's law stipulates that the pre-sale of pre-sale properties must be started 8 months before the house is built, which actually increases the difficulty of the real estate company's capital turnover, and also curbs the rise in housing prices to a certain extent.

Wang Liming asked: "Xu Sheng, according to the development of several companies under your umbrella, it is time for us to have our own headquarters building." ”

Xu Zhidao: "You mean that the Mong Kok Center is not for sale, and we hold it ourselves?"

Wang Liming nodded and said: "Yes, although the two buildings of the Federation and the International are owned by us, many of the tenants' leases have not expired, and the central location of Mong Kok is also good, as a headquarters, several companies can gather together, and it will be much more convenient." ”

Xu Zhi shook his hand and smiled: "No need, let's sell it according to the plan, the Mong Kok Center is ready to be split and sold from the time of design, and if it is suddenly changed to a headquarters, the internal structure needs to be redesigned, and the area is not much larger than the current Hutchison Building, it is better to wait for the new land in the future, and then we will build the headquarters building separately." ”

Hutchison sold a large number of its non-core businesses some time ago, and along with the fact that many departments in the headquarters building were also emptied, so the headquarters of Evergrande, Changxing and Midea Electronics Company also moved in.

However, the Heshi Building is already an old building, and many aspects can no longer keep up with the demand.

However, it is not an easy task to build a large headquarters building, according to the current land price in Xiangjiang Central, it is estimated that the land alone will cost 2 billion Hong Kong dollars, plus the subsequent construction costs, which is equivalent to a year's profit of Midea Company.

Rather than wasting this money now, it is better to wait another two years, when the land price plummets, which is the golden time to build the headquarters building.

The boss had spoken, and Wang Liming had no choice but to stop, so he asked: "The Xiangjiang Metro Company sent a document to consult a week ago, asking if we will participate in the upcoming land auction next month?"

"Which plot?" asked Xu Zhi.

Wang Liming said: "The land on Cotton Tree Road in Admiralty is very small, only 13,800 square feet, and I thought about it, such a small area can only build a small office building. ”

"Cotton Tree Road?" Xu Zhi smiled, he already knew which piece of land this was, and in the original history, the transaction value of this land was as high as 480 million Hong Kong dollars.

This amount is nothing in the history of land auctions in Xiangjiang, but what really makes it famous in history is that his average transaction price is as high as 34,700 Hong Kong dollars per square meter, that is, more than 300,000 square meters, this price even in 2019, there is no land king in the entire mainland can reach half of it, and now it is only 1981, the transaction of this land actually marks that the real estate of Xiangjiang has entered the final madness.

"The land price is crazy now, so we don't participate. Xu Zhi said: "Last year, the main task of Evergrande and Hutchison Real Estate was to sell industrial land and buildings, and this year it is to sell all commercial land except Central and Kowloon Peninsula. ”

Wang Liming knew that Xu Zhi was not optimistic about the prospects of Heung Kong Real Estate in the future, so he asked: "Xu Sheng, if you continue to sell properties, you will gather a lot of cash, do you need to reinvest or pay off the company's loan?"

Hutchison owes more than HK$2 billion since Xu Zhi became the owner, while Evergrande owes even more, acquiring Hutchison, HK Electric, Commonwealth and International two buildings, Privatization of HK Electric's real estate business, borrowing more than 7 billion Hong Kong dollars, which is also the highest level of small broad, from beginning to end, Xu Zhi used his own funds of more than 1 billion Hong Kong dollars, but finally controlled the total assets of more than 10 billion Hong Kong dollars of the two giant companies, now take advantage of the real estate boom when the sale of property and land to cash out funds, once the previous loan is paid off or the debt is reduced to a low level, the two companies will be completely stabilized.

Of course, this method is not easy to achieve, because Xu Zhi's Midea company is very profitable, which is the fundamental reason why he was able to borrow billions of Hong Kong dollars.

Xu Zhi thought for a while and said: "Evergrande can properly repay part of the loan, but Hutchison doesn't have to, and in the next few months, I intend to let Hutchison issue non-redeemable bonds in the stock market, which will cost about 3 billion Hong Kong dollars." ”

Although there are unlimited opportunities in the future, outsiders will not see the future prospects as clearly as Xu Zhi, Evergrande's current debt ratio is too high, and the Standard Chartered and several other Chinese-funded banks that cooperate with it have been reminded several times that they hope Evergrande will reduce risks.

The purpose of repaying part of the money now is to let the cooperative banks put aside their worries and prepare for greater cooperation in the future.

As for Hutchison, anyway, it is a listed company, and the debt is not too serious, so there is no need to reduce the debt for the time being, but it needs greater investment, and because only Hutchison is a listed company, it is the most convenient to raise funds in the stock market.

"HK$3 billion, what do you need to reinvest?" Ma Shimin was a little puzzled, the company's current cash flow is already very high, what is the purpose of raising another HK$3 billion?

Xu Zhi smiled: "I'm going to invest in the United States!"

"America?" asked Ma Shimin, "is it a major infrastructure project?"

Xu Zhi shook his head and smiled: "No, it is a share of a company, I am very optimistic about the future of this company, and I have communicated with their senior management, and under appropriate circumstances, we can buy shares at a discounted price." ”

"Which company?" asked Ma Shimin.

Xu Zhi said: "General Electric, you should have all heard of it!"

"Yes. Wang Liming and Ma Shimin replied almost at the same time, although they usually don't have contact with the technology industry, they have heard of General Electric's big name.

Xu Zhi said with a smile: "The new President of the United States, Ronald Reagan, has taken office, and I got inside information that the United States will soon stimulate the economy with interest rate cuts and tax cuts, in this case, the US stock market will inevitably rise, and General Electric is one of the leaders, I am fully sure of this investment!"

"Isn't this a bit risky?" Ma Shimin suggested euphemistically, after all, financing also requires high interest payments.

If it is a real estate or dock project, Hutchison can calculate the risks and profits to determine whether the investment is cost-effective, but he is a little scared to transfer 3 billion Hong Kong dollars to the United States to invest in a company.

"You don't have to worry about it, just do what I ask!" Xu Zhi didn't want to explain too much, and directly gave an order, the reason why this investment was given to Hutchison was that he was more optimistic about the development of many businesses under Hutchison, especially the terminal port and other infrastructure businesses, and the future expansion also needed sufficient funds.

With some understanding of the future and the current capital, money is no longer of much significance, what Xu Zhi needs at the moment is a lot of influence, which can change the economic development of a region and even a country, and infrastructure has a great role in this process!