In early March 1985, the Hong Kong Government, the Hongkong Electric Company Limited (HK Electric) and Shell Petroleum (i.e. Anglo-Dutch Shell Oil Company) reached an agreement under which Shell Petroleum would exchange the two oil depot sites at Yali Chau and Cha Kwo Ling back to the Tsing Yi oil depot land.

After HK Electric moved the site of the Yali Chau Power Plant, which is adjacent to the Shell Oil Depot, to Lamma Island, the two plots of land were combined to jointly develop a redevelopment real estate project with Hutchison Whampoa - South Horizons: while the Cha Kwo Ling Oil Depot site was also jointly developed with Hutchison Whampoa, and the completed residential area was named Laguna City.

Lee has long known that if he succeeds in convincing the government to change land use and negotiate a cheaper land price for the development of large housing estates, the profits will be staggering.

As early as before the June Seventh Riots, Li Hualong had a large number of professionals who searched for companies with large land plots to acquire or cooperate, and through acquisitions and cooperation, Li Hualong made huge profits.

……

On March 18, Li Shengrui represented the Wharf Group in the official land auction, where he auctioned the land opposite the Ocean Centre (now Sun Plaza, Canton Road, Tsim Sha Tsui) for HK$650 million.

The real estate industry had long predicted that Wharf would be determined to win the land, and after the auction, Li Shengrui was interviewed by the media.

"Mr. Li Shengrui, congratulations on taking the picture of the land king of Tsim Sha Tsui."

"Thank you!" Li Shengrui smiled.

"The transaction price of 650 million Hong Kong dollars, do you think it is expensive, or do you pick up a bargain?"

"Since it was auctioned, it means accepting the price, not expensive. As for picking up cheap, it's impossible, in front of so many strong competitors, it's impossible to see cheap. ”

"How much do you think Hong Kong's house prices will increase in the next few years?"

"I refuse to provide such a prediction." Li Shengrui smiled slightly, "If you invest in buying a house, it depends on your personal affordability, you may make money or lose money." And buying a house in order to improve living conditions, I think it is a good time to enter the market. ”

Ten days later. Li Hualong's Gemdale Group, with the attitude of ambition, auctioned the No. 1 Lot of Admiralty Dorry Barracks, which covers an area of more than 110,000 square feet, at a price of HK$710 million at the official land auction.

A month later, Gemdale Group once again auctioned the adjacent Admiralty Torioli Barracks No. 2 at a price of 1.06 billion. It covers an area of more than 172,000 square feet.

"Dad, congratulations, you got what you wanted." Li Shengrui, who accompanied Li Hualong to participate in the auction, smiled and stretched out his hand to shake hands with Li Hualong, "Do you want to celebrate tonight?" ”

"It's worth celebrating!" Li Hualong smiled and said, "Go home tonight." Everybody have a drink. ”

After Li Hualong and Li Shengrui shook hands, many real estate developers who participated in the auction came to congratulate him.

Li Hualong used his actual actions to show confidence in Hong Kong's economy, optimistic about Hong Kong's real estate prospects, may be affected by him, the vast majority of real estate developers realized that Li Hualong's super-rich actions will inevitably push up Hong Kong's land prices, some real estate companies with low debt ratios have accelerated the speed of land acquisition.

Since the Sino-British joint statement was issued, Chinese real estate developers have become more active in buying land, and some British companies such as Swire Group have also increased their investment in Hong Kong.

As early as two years ago. Li Hualong began to prepare for the purchase of the Admiralty Torioli Barracks plot, he bought a large number of old buildings in the vicinity of Star Street in Wan Chai, at that time the Hong Kong property market was sluggish, the house prices were very cheap, and Li Hualong's bid was more than 20% higher than the market price, and the owners of those old buildings sold their properties to Li Hualong.

In the future, Lee plans to demolish these old buildings in Wan Chai and develop them together with the Admiralty Tory Barracks site to develop two commercial towers, three first-class hotels, luxury apartments and full-service hotel residences, as well as the largest shopping mall in Central. With a total floor area of more than 6 million square feet, the entire project is named "Jinwan Plaza".

In addition to buying a large number of old buildings in Wan Chai, Hong Kong Island, Li Hualong also bought buildings in Tsim Sha Tsui, Causeway Bay and Mong Kok, investing nearly 10 billion Hong Kong dollars.

Lee is 100 percent optimistic about the future prospects of Hong Kong's real estate industry. He did not hold back on the development of the huge project of Jinwan Plaza, and provided sufficient funds, planning to spend six years on the development of Jinwan Plaza, and it is expected that the investment in the entire project will exceed 6 billion Hong Kong dollars.

There were many reporters who participated in the auction of Lot 2 of the Admiralty Tori Barracks and waited for the auction to end. Many reporters rushed to ask Li Hualong questions.

"Mr. Li, are Lot 1 and Lot 2 of the Admiralty Residence jointly developed?" A male reporter in his thirties asked.

"Yes." Li Hualong replied with a smile.

"What's the name of this project?" The male reporter asked again.

"Golden Bay Plaza."

"How much money will be invested in the whole project?"

"I don't know how much money will be invested at the moment, but I can tell you that I will develop this project with my heart, and even if it is another 50 years, people will not think that this project will be outdated." Li Hualong said confidently, "I'm leaving, fellow journalists, please give way." ”

After Li Hualong left, Zhang Xiaoyu, a reporter from "Sing Tao Daily", saw an old classmate and greeted him with a smile: "Wang Zhenyang, you are here too!" ”

"yes!" Wang Zhenyang smiled, he is also a reporter, a reporter for "Ming Pao".

"It seems that your boss is very optimistic about the property market!"

"Who's to say it's not." Wang Zhenyang said with a smile.

"You say, how much money does your boss have?"

"I don't know, the richest man in Hong Kong is for sure, maybe he has become the richest man in the world."

"Hey, it's easy for rich people to make money." Zhang Xiaoyu sighed, "Now that prices are rising rapidly, wages are not rising, and the lives of the poor are becoming more and more difficult." ”

Seeing that there was no one nearby, Wang Zhenyang asked in a low voice, "How much is your salary now?" ”

"I earn up to five thousand a month, and on a few occasions, my salary is less than four thousand a month." Zhang Xiaoyu said depressedly, "With this salary, it is too difficult to buy a house in Hong Kong." ”

"The salary is a bit small. Ming Pao has recently recruited people, if you are interested, you can come for an interview. ”

"How much money do you make a month?" Zhang Xiaoyu asked curiously.

"A little over six thousand." A smug smile flashed on Wang Zhenyang's face, "I work in Ming Pao and have many benefits, such as rental subsidies. ”

"Li Hualong has several real estate companies, and the employees of Ming Pao buy houses, are there discounts?"

"Yes, the internal price of the staff. And that's not all, I've heard that in the second half of this year, you can buy a house with zero down payment and at a very low interest. ”

"Wouldn't it?!" Zhang Xiaoyu had a curious expression on his face. Asked, "If I enter Ming Pao salary, can I buy a house with zero down payment?" ”

"I don't know. It seems that there are years of service. I heard from some newspaper reporters who have worked for more than 10 years that 10 years ago. Many employees of Ming Pao Newspaper bought a house with zero down payment, but at that time, the newspaper provided a guarantee and took out loans from Hang Seng Bank, and there was no discount in terms of interest. ”

"At that time, housing prices were cheap. Even when house prices hit rock bottom last year, they were higher than they were a decade ago. Zhang Xiaoyu sighed, paused, and said with a smile, "I won't return to the company first, I will go to Mingbao for an interview with you, if the interview is successful, then I will change jobs." ”

"Can you jump ship right away?"

"No, you have to submit your resignation letter a month in advance, or else. Liquidated damages are to be compensated. ”

"Don't think about it yet, the boat will naturally go straight to the bridge. As long as the interviewer thinks that you are talented, and you join the company a month late, it is not a big problem. ”

"If I succeed in the interview, I'll treat you to dinner." Zhang Xiaoyu said sincerely, he has long known that the salaries of employees in Li Hualong's companies are higher than those in the same industry, and there are many employee benefits.

For ordinary workers, the various benefits provided by Li Hualong to the employees of his subsidiaries are the most attractive to them.

"Eating a big meal?" Wang Zhenyang asked with a smile.

"I have a little income. How can I treat you to a big meal? Zhang Xiaoyu smiled bitterly.

"Let's go, today, I'll treat you to dinner."

"Okay, I'll wait a minute. I'm rich, I'll invite you again! Zhang Xiaoyu said with a smile, he knew that Wang Zhenyang's family was well-off, although he was not a rich son, but he didn't need to make money to support his family.

Walking to the bus stop, Zhang Xiaoyu asked, "Do you live at home now?" ”

"I moved out a long time ago. There's no freedom to live at home. ”

"Where to rent?"

"It's near the newspaper office. A small apartment with two bedrooms and one living room, shared with colleagues. ”

"How much is the rent?"

"I'll pay a thousand out of myself."

"It's not cheap!"

"The house is new and very well renovated."

"Even if I join Ming Pao, I can't afford to live in such a house." Zhang Xiaoyu was in a somewhat depressed mood.

"Your brother has graduated, right?"

"Graduating this year. He studied finance and hoped that after he graduated, he would be able to find a job, so that I would be less stressed. ”

"My cousin works in Li Hualong Financial Group, and when I find a time, I will ask my cousin out, and you can call your brother to have a meal together and have a good chat."

"How much does a recent college graduate earn when he enters Li Hualong Financial Group to work?"

"I don't know. I only know that my cousin has a very high income, and at the beginning of this year, he bought a villa, and he is quite particular about food and clothing. ”

"As long as it's a big company, the salaries of the top management are very high."

"That's just as well." Wang Zhenyang saw the bus coming, "The bus is coming, let's go." ”

When Zhang Xiaoyu arrived at Ming Pao, someone immediately gave him an interview, and the interview went smoothly, and it took more than ten minutes for the interview supervisor to decide to hire Zhang Xiaoyu.

"I heard that the reporter of "Sing Tao Newspaper" resigned, and he needed to submit his resignation report one month in advance, so I will give you one month, and you will come back to report a month later. In the coming month, you work well. ”

"Sing Tao Newspaper will pay me an extra month's salary, and I will naturally pay the corresponding labor."

"Congratulations." The interview supervisor took the initiative to shake hands with Zhang Xiaoyu and took out a business card, "If there is anything, you can call me during working hours." ”

"Okay, thank you, Manager Wang." Zhang Xiaoyu looked at the business card and knew the name of the other party, as well as the position - manager of the personnel department.

……

One evening in late June, Li Huawen came to Li Hualong's house to finish eating.

After dinner, Li Huawen and Li Hualong chatted about a lot of business matters in the study.

"Third child, I want my Jiuan Group to go public."

"Big brother, now that the Hong Kong stock market has just picked up, it is not the best time to go public, wait another two years." Li Hualong smiled slightly, "You shouldn't be short of money, right?" ”

"How can I say it, I am short of money when I say that I am short of money!" Li Huawen smiled, "After all, Jiuan Group still owes money to the bank. ”

"The debt ratio is not high, so there is no need to rush to go public." Li Hualong paused and suggested, "Big brother, if Jiu'an Group is listed as a whole, then every company in which this company holds shares will have to announce its business information to the outside world." I suggest that you spin off some companies that do not hold a controlling stake and do not have a listed company, and let you directly hold the shares. ”

"Just tell me which companies are spun off." Li Huawen said with a smile.

"Lee & Sons Real Estate Company, Hong Kong International Cargo Terminal Company." Li Hualong smiled, "Actually, it's not a big problem if you don't split it. ”

"Let me think about it again." Li Huawen pondered for a long time and said, "The two companies you said will be spun off, and I am also going to spin off the business of Qingzhou British Cement (Cement Company), the third child, you said that several building materials companies will be integrated together and listed, what do you think?" ”

"Yes. You can consider merging Lee's Stone Company into this company, and if you want, I can have the mining company sell you shares. ”

"Sell or not sell shares, don't be in a hurry. You said that Li's Stone Company and Qingzhou British Cement merged together, this is a good suggestion, it is to establish a new parent company, what is the best thing about this company? ”

"It's called Jiu'an Infrastructure, you come to control this company, others call the company I hold is called Hualong Department, then the company you control is called Jiu'an Department, hehe, otherwise, just change the name, change the name to Huawen Group, and the English name is ChinaMandarin."

"MandarinChinese, Mandarin means, my company name is ChinaMandarin, will it be awkward?" Li Huawen asked with a smile.

"I think it's okay, Hualong Company, ChinaLong, and Li Hualong Financial Company, the English translation is also the surname first, the name is the last, when others first heard it, they didn't think it was awkward, and now they are used to it."

"ChinaMandarin......" Li Huawen muttered, "It's much better than Jiuan." Then it's decided. Hehe, what about the fourth, is his company going to be renamed ChinaTiger? ”

"His main asset is a stake in Galaxy Entertainment Group, and the name of this company is good enough that it doesn't need to be changed. Besides, he already has a car sales company called ChinaTiger. ”

"It seems that there are a lot of Mercedes-Benz cars in Hong Kong now, and I often see them on the road, and this car sales company of the fourth child is quite profitable, right?"

"I don't know. It should be a good business, otherwise, he would close his doors. (To be continued.) )