Chapter 100: The Biggest Project
In order to make ends meet, Li Hualong, a post-80s generation, wrote novels about the rebirth of Hong Kong, consulted a lot of historical materials in Hong Kong, and also read several online novels about the rebirth of Hong Kong.
Soon after the memories of the two Li Hualong merged, the newborn Li Hualong wrote down some big things in Hong Kong and the world that had an impact on him in Hong Kong and the world, especially the things that could make him money.
A year before the W Revolution, in the first half of 1965, there was a run on Chinese banks in Hong Kong, and almost all Chinese banks suffered, when Evergrande Bank, the largest Chinese bank, was acquired by HSBC.
HSBC emerged as the big winner, not only buying the most valuable assets at a low price, but also eliminating the most threatening rivals in Hong Kong's banking sector, and establishing its monopoly in Hong Kong's banking retail industry.
Li Hualong has become a shareholder of Hang Seng Bank, he naturally will not watch HSBC become the controlling shareholder of Hang Seng Bank, he planned to stop investing in large-scale real estate projects from the second half of 1963, and gradually sold some properties in 1964 to cash out, and even thought about selling part of the equity of several hotels.
Cashing out to get a lot of money, Li Hualong does not plan to pay off the bank loan immediately, he is ready to invest in some gold reserves, and keep a lot of cash at home, and wait for the run on the Chinese-funded bank, he will come forward to help Hang Seng tide over the difficulties, he thinks about becoming the absolute controlling shareholder of Hang Seng Bank in the future.
After the run on Chinese-funded banks, Hong Kong's real estate industry fell into a low ebb, and house prices and low prices fell, and then, in 1967, riots broke out in Hong Kong, and many Hong Kong people chose to leave Hong Kong and move overseas, and stock prices, land prices, and housing prices fell one after another...... This is a godsend for Li Hualong, who has a lot of gold in his hands and can easily cash out, and has a lot of cash in his hands, which can buy a lot of stocks and land, and even directly buy companies whose market value is seriously undervalued.
Li Hualong calculated that in the three years from 1965 to 1967, even if he wanted to invest in the real estate industry, he could not engage in large projects, but in 1967, he bought more cheap land, and before the real estate industry recovered, the investment was mainly to buy land.
When the market is good, as long as you have land in your hand, even if you lack funds, it doesn't matter much, you can sell off-plan properties to raise development funds, you can also borrow from banks, and you can even find someone to cooperate in the development of the project.
"In 1970, my assets must have exceeded one billion Hong Kong dollars, and with a large amount of high-quality land in my hands, the company's business will definitely grow bigger and bigger in the next few years. In 1972, many Chinese-funded enterprises such as Cheung Kong were listed in this year, and many of my companies could choose to be listed in this year. In 1973, the Hong Kong stock market and property market were not good, and in the last quarter of 1973, before the outbreak of the first oil crisis, investing in oil futures could earn several times the profit......"
Li Hualong knows very well in his heart that as he has more and more assets, his impact on Hong Kong's economy will also increase, he will become a "butterfly", and many things that will happen in Hong Kong's history may change because of him, so he will pay attention to acting carefully.
Some big things happened outside Hong Kong, such as the "1973 oil crisis", which triggered a global recession, and Li Hualong felt that this kind of thing would not change because of his appearance, and he would seize this good opportunity to make money.
In addition, Li Hualong also thought that in the future, when the assets in his hands reach a certain amount, he will invest some of his funds in markets outside Hong Kong, so that he can not only obtain huge profits, but also reduce his own influence on Hong Kong's economy, and it is impossible for him to monopolize Hong Kong's economy, otherwise, he will definitely be in trouble.
……
On New Year's Day 1963, the Mandarin Oriental Hotel and Times Square were grandly opened, and this project was the largest investment since Li Hualong set foot in the business world.
At 9 a.m., Li Hualong, Li Yisong, Li Huawen, Li Huahu and the Governor of Hong Kong cut the ribbon for the Mandarin Oriental Hotel and Times Square.
A number of Hong Kong dignitaries, wealthy businessmen, celebrities and celebrities, including the Governor, were invited to the opening dinner of the Mandarin Oriental Hotel, and those who received an invitation card were able to bring their families with them. At the end of the dinner, guests can choose to stay in a room at Mandarin Oriental for free or leave.
As the chief executive of Hong Kong, the only presidential suite was arranged for the Governor.
Li Hualong did not treat himself badly, and that night, he and Xi Chongyi lived in the "Imperial Suite" with three bedrooms.
The Mandarin Oriental Hotel is operated in reference to the Waldorf Astoria Hotel, and if there are too many presidents staying in this hotel, the presidential suite is sealed for the sake of fairness, and the "Imperial Suite" is used to receive the heads of state.
Previously, Li Hualong and the management of the Mandarin Oriental Hotel proposed that when the heads of state of many countries stayed at the Mandarin Oriental Hotel in the future, what kind of arrangements should be made by the hotel, many people did not think so, they thought that this situation would not happen at all, and they dared to imagine that Hong Kong would become an international financial center in the future, and it was a very common thing for heads of state to come to Hong Kong to attend the meeting.
On New Year's Day, Times Square did not open to the public, but after half past nine in the morning, guests who got invitation cards could bring their families and friends into Times Square to shop, and many products were greatly discounted, attracting many guests to pay for spending.
At noon, guests who enter Times Square can enjoy a complimentary buffet at the restaurant on the sixth floor.
During the buffet, many guests gathered in pairs and threes to talk about Li Hualong, the Mandarin Oriental Hotel and Times Square.
"The boss is so angry, such a big abalone can be eaten for free." Song Songhai's cousin, Liu Guangyang, sighed, picked up an abalone with a knife and fork, and stuffed it into his mouth.
A few years ago, under the recommendation of Song Songhai, Liu Guangyang entered Huayi Brothers Film Group to work, at the beginning, he could only do some chores, and he had a very sweet mouth and was very good at getting into trouble, and it didn't take long for him to get acquainted with Wang Tianlin and other directors.
Song Songhai is the "first brother" of Huayi Brothers, the director gives him face, Song Songhai did not take the initiative to ask the director to give Liu Guangyang a chance, Wang Tianlin knew the relationship between Song Songhai and Liu Guangyang, and first threw an olive branch to Liu Guangyang and asked him to play a role with a few lines.
Liu Guangyang's first appearance on the scene, the appearance was amazing, and he actually passed one.
Later, Liu Guangyang had more and more opportunities to appear in movies, played opposite Song Songhai many times, and served as the male lead in two low-budget movies.
"Guangyang, you are also a movie star, pay attention to your image. Good stuff, don't eat too much! Song Songhai's wife, Yu Yufen, reminded with a smile.