Chapter 726: Family Affairs

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After the acquisition of DBS Bank, which has assets of nearly US$140 billion, as well as Industrial Capital and Luzon Union Bank, East West Bank's total assets have swelled to US$550 billion in total assets and 3,200 branches.

"East West Bank is not my asset alone, and Wharf Real Estate has enough liabilities. I don't want it to be burdened with too much debt and affect the normal operation of the business! Wang Zheng smiled.

It operates 147 super-large real estate projects with an average property area of more than 300,000 square meters, and invests more than 250 billion Chinese dollars every year. Although it was supported by Wharf Real Estate's profits, the helpless expenditure was too large, and in just three years, Wharf Real Estate was saddled with nearly $60 billion in debt. Although more than three-quarters of the debt is East West Bank's assets, East West Bank will have to pay it back as well.

Of course, even with all this debt, Wharf Properties' finances are healthy, and over the years, its deposits at East West Bank have reached $28.93 billion. However, this cash reserve is used to prevent risks and cannot be used lightly.

These figures are no secret to Wharf Real Estate, which is a listed company. Ma Yun and others have seen its financial report and know it very well.

However, today's total share capital of Wharf Real Estate is 3 billion shares, and 500 million new shares are issued, which is 161.4 billion Hong Kong dollars according to the current market value of Wharf. Although Ren Zhengfei, Ma Yun, and Li Yanhong are super-rich, they can't swallow such a huge share! Moreover, not everyone wants a stake in Wharf Land. After all, now that the dividend period of the Huaxia real estate industry has long passed, they have better investment targets than Wharf Real Estate.

"Brother, the market value of Wharf Real Estate is too huge, with 500 million new shares worth more than 150 billion Hong Kong dollars. We don't have that much money. Li Yanhong said with a hint of bitterness on his face.

"It doesn't matter. The elders can do as much as they want. ”

The decision to issue $500 million in new shares was made a year ago, and the main target of issuance is ASEAN and the ASEAN stock market, not Hong Kong. As for pulling on the horses and transporting them. It's just that Wang Zheng wants to use their fame to enrich the list of shareholders of Wharf Real Estate, enhance the confidence of shareholders in Wharf Real Estate, and then pull up the stock price of Wharf Real Estate and take advantage of the opportunity to make profits.

Hearing Wang Zheng say this, Li Yanhong and the others breathed a sigh of relief. They don't want to spoil their relationship with the man in front of them who is becoming more and more powerful because of this incident.

"I'll subscribe for $500 million!" Lei Jun said.

"I'm not as rich as you, I'm subscribing for $200 million!" Li Yanhong said.

"You are all local tyrants, I can't compare with you, 100 million Huaxia coins!" Ren Zhengfei Road.

"Brother Ma, what about you?"

Ma Yun smiled in the face of inquiry, "I'll also be 500 million US dollars!" ”

"Alibaba's stock price has exceeded $400 billion, how can you, a super-rich man, buy such a little?" Lei Jun teased.

"The stock price is not cash, and now the landlord's family has no surplus grain." Ma Yun glanced at him and said.

After everyone smiled, Wang Zheng stood up.

"Let's go, several. We soaked for almost half an hour, and the time was about the same. ”

Ma Yun nodded and stood up in unison. The hot springs are good, but you can't soak too much. After taking a shower, changing clothes, and chatting with these super-rich people who spent the 2018 New Year in Taoyuan Villa, everyone went out of Tanggu and returned to their respective residences.

Wang Zheng had just stepped on the remnants of the snow in the depths of winter and returned home, and a fat boy with a tiger head and a tiger brain had already stumbled into his arms.

"Baba!"

"Son, do you miss your father?"

Wang Zheng happily hugged his fat son, who was almost two years old.

"Thought!"

The chubby little hand grabbed Wang Zheng's ear, and the fat son kissed his father's side face with a surprisingly well-behaved 'bar'. However, along with his son's small mouth, there was also his wet saliva.

"That's good, look at what Dad brought you!"

"Lollipop!"

When Wang Zheng's hand was taken out of his pocket, the fat son's big black eyes suddenly widened. The little face was full of longing.

Since the last time the horse came, he brought a lollipop to this stinky boy, and he immediately liked it. Chase after Wang Zheng's ass every day. I simply brought him one this time.

However, just when the lollipop was about to fall into the hands of the fat son, a white jade hand stretched out next to him.

"You can't give him too much sugar, it's not good for your teeth!"

Looking at Yu Yixue's serious pretty face, Wang Zheng squeezed his eyes at the fat son who drooped down with a small face, "Your mother won't let you!" ”

"Mommy! Yuanbao doesn't like mom! ”

When the words fell, the fat son's small body twisted, his little arm wrapped around Wang Zheng's neck, and left the back of his head to Yu Yixue.

"You've taken all the good guys for you."

Yu Yixue glared at her man angrily.

"Hehe, I didn't expect you to have the potential to be a tiger mother!"

"You think I'm willing! Who let you, who is a father all year round, not at home for nearly half of the time, I don't care about him, I don't know what he is used to. ”

"He's so young, what do you know!" Wang Zheng said.

"I'm going to be two years old soon, not young. Forget it, wash your hands and get ready to eat. I am responsible for educating my son, no matter what, my son must not become a gentleman! ”

Looking at Yu Yixue, who had a stern tone and a determined expression, it was difficult for Wang Zheng to overlap her with the image of the 'little dragon girl' who was fluttering in white clothes like Jin Yong's pen when she first saw her, and the image of a strong, loving housewife with a bit of pungent in her love.

"Sure enough, there is a world of difference between a woman after giving birth and before giving birth." Wang Zheng sighed in his heart.

Wang Zheng was the most relaxed period of the New Year, but after the New Year, he shuttled between the villa and the capital through the space gate. In March after the New Year, I basically didn't feel any time, and it passed quickly. By April, Shen Bing had left him with a beautiful and lovely daughter in the Beijing Hospital.

As the saying goes: a daughter is a father's close-fitting little padded jacket. Therefore, Wang Zheng loves this little daughter like a treasure. named her Yunqing, nicknamed Huabao.

As a father of two children, Wang Zheng, who has heavier responsibilities, has become more mature and calm than before. After accompanying Shen Bing out of confinement, he accompanied the mother and daughter at home in the capital for a month, and then flew thousands of miles to Yangcheng.

After nearly three years of construction, covering an area of 3.45 square kilometers, the first phase of the vast 'Wharf Plaza' has finally been completed.

Accompanied by Wang Kai, after taking the elevator to the 584-meter-high, 114-storey 'Wharf Center', the entire Yangcheng was trampled under his feet.

In the whole 'Wharf Plaza' project, except for the twin towers named 'Wharf Central', most of the rest of the commercial office buildings are between 350~420 meters in height, while the residential buildings are between 280~320 meters.

Although half of the entire Wharf Plaza project is occupied by the central park in the middle, the remaining 168 super high-rise buildings also constitute the largest steel jungle in the center of Yangcheng. Even the world's largest steel source.

"The whole project is left with the Central Park plot of the community has not been demolished!" Wang Zheng looked at it for a while and said.

"Yes! … The entire Central Park covers an area of nearly 3,000 acres, involving 8 communities and 11,900 households, and if they move in advance, we will have to pay nearly 500 million yuan more in rent every year for them to rent a house nearby. Now that we've completed the construction of all the high-rise residential and commercial buildings, we'll move in and we'll start construction on Central Park. The two calculations not only saved 1.5 billion yuan, but also saved a lot of energy. ”

Wang Zheng nodded slowly.

"How's the sales of the whole Wharf Plaza now?"

"There are 120 super high-rise residential buildings, with 80 and 88 floors. Among them, the 80th floor is one ladder and three households, with six units in front and back. There are four types of houses, 60, 75, 90 and 110, and the price is 100,000 per square meter; The 88th floor is a staircase with two households, with six units in the front and rear, namely 145, 198, 255 and 320 units. The selling price is 150,000 yuan per square meter. Among them, there are 99 80-story residences, with a total of 142,560 households. There are 21 88-storey residential buildings, with a total of 22,176 units. ”

“… The total number of households relocated in the entire Wharf Plaza project is 25,700. On average, two dwellings are allocated to each family, and the excess compensation is converted into cash and invested in the closed-end fund of GCA Fund. Therefore, the total number of 80-storey residential units sold to the outside world is 91,160, and since the middle of 17 years, 80% of the sales have been successfully sold, and the return of funds is 656.352 billion Chinese dollars. The 88-storey luxury residences have been sold out, and 22,176 households have returned 665.28 billion Chinese dollars. If the sales area is counted, 120 super high-rise buildings, we have a total revenue of 1,485.72 billion Huaxia dollars, and a net profit of 267.43 billion Huaxia yuan. In addition, GCA Fund also obtained 19 closed-end funds with a value of about 450 billion Huaxia coins. ”

“… As for the 48 super high-rise commercial buildings in the Wharf Plaza project, we currently occupy the core of the Wharf Center, as well as two indoor commercial centers of 300,000 square meters in the south and one in the east. Of the remaining 13.44 million square meters of commercial area, only 24% has been sold. The returned capital was 645.12 billion Huaxia yuan, and the leased properties accounted for 37% of the total number of properties; The annual rent is 129.23 billion Huaxia dollars, and the remaining 39% of the properties have not yet been settled. ”

"Commercial real estate is a long-term business, and the remaining 39% of the properties are not in a hurry, and they are only rented and not sold!"

"Understood!" Wang Kai nodded.

When Central Park is completed, the surrounding commercial and residential properties will naturally become a globally sought-after luxury real estate project due to its superior environment. If it weren't for the construction of Central Park in order to recoup funds, Wang Zheng would not have allowed 24%, or about 3,225,600 square meters, to sell the property.

"After three years of tossing and investing, nearly 800 billion Huaxia coins have been invested, and now the entire project is finally half completed." Looking at the 'Wharf Square' that was beginning to take shape under his feet, Wang Zheng felt infinite emotion in his heart.

Over the years, but for this project, Wharf Real Estate owes nearly $50 billion in loans to the bank. In addition, the sales revenue from the previous residential property has also been invested.

Now, this black hole that devours funds is finally about to be completed.

"By the way, the construction of Central Park uses the rent of commercial real estate. The profits from this residential sale, as well as the profits from the sale of commercial real estate, plus the funds raised after the issuance of new shares, should not be used in a hurry. Wang Zheng explained.

"Yes!"

"Also, how did the transformation of several urban villages in Xiasha and Tangxia talk to the Yangcheng City Government?"

"It went well. There are projects such as Wharf Plaza, Wuyan Bridge, and Donglong in the front, and it is naturally much easier to talk about it later. Wang Kai said.

"That's good! In addition to first- and second-tier cities such as Yangcheng, Pengcheng, and Modu, if you have the opportunity, don't pull it down! Although we do not do a single residential project, we cannot let go of the transformation of urban villages. ”

"Rest assured, boss!"

Wang Zheng nodded, and after taking one last look at a large piece of rubble surrounded by a heavy high-rise building, he turned around and walked downstairs. Wang Kai and Wang Qian also hurriedly followed.

Wang Zheng did not stay in Yangcheng for long, and after meeting the Wang family's uncle and nephew, he took Guizhou Province and took Yu Yixue, who flew from the capital, to stay for a period of time, and then went south from Yunnan Province in May.

At this time, the high-speed railway from Mingkun to Yangon via Mandalay and Naypyidaw had not yet opened. However, the investment and construction of Defeng Construction Group, from Myitkyina, along the Chindun River to the south of the Chindun River, through the Rakhine Mountains to Sittwe Port, along the coastline to Pasheng, Yangon, Bago, Mawlamyine, Tuva, and Mergui, connecting to the middle station of the Siam Southbound Railway 'Bashu', forming a railway of nearly 1,000 kilometers is indeed through! And it's also a double-track heavy track.

The whole railway, with a total investment of 220 billion Chinese dollars. But less than two-thirds of the practical application is achieved. And it only took two and a half years. The most difficult tunnel excavation, under the high efficiency of the "digging insect construction machinery" and the strong effect of the "wall coagulant", the amount of work for two years was done in three months, and a lot of money was saved.

"It seems that I took advantage of Brother Ma!"

After returning the financial statements of the entire project to Chen Qing, Wang Zheng looked at the rapidly receding scenery outside the window, and not only chuckled.

Originally, Mayun invested $500 million in the construction of the railway. Now the entire project has been reduced by half, and more than a third of the money has been saved. Naturally, it was impossible for Wang Zheng to return the rest of the money.

"Boss, the project ended early, and the money earned in two years is enough to make up for Mr. Ma's loss. Moreover, the 'high-strength wall coagulant' is not without a price! Chen Qingdao said.

Wang Zheng nodded and withdrew his gaze from the window.

"Is the next route planned?"

"It's already planned. There are two in total, one from Sittwe, through the Mandalay and Shan State Plateau, connecting to Luang Prabang in Laos and reaching Hanoi, the capital of Annam. The other is the Kalimantan Island Ring Railway. They are all 150 kilometers per hour general express heavy rail railway. The total length is 2,100 kilometers, with a total investment of 380 billion Chinese dollars. ”

"Hmm!" Wang Zheng nodded, "Where is the next stop?" ”

"Mai Liang!"

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