Chapter 48: Background

readx;?“ Sister Qing is your image consultant and business partner, Chen Songqing is the owner of this Golden Gate Building, you take office today, they have said that they will send peonies and bamboo. Pen × fun × Pavilion www. biquge。 info" Shen Chong paced to the windowsill, picked up a rose, turned it around in his hand, and asked, "How could Lin Xiufeng think of sending you flowers?" ”

"Haven't you read the newsletter? Jianing Real Estate announced last week that it was ready to take 11. For a price of 800 million Hong Kong dollars, 75% of the interest in the building was transferred to Bai Ning Shun Group, a company jointly founded by Lin Xiufeng and his younger brother Lin Xiurong. Li Kaiyuan explained while reading the documents: "According to the communiqué, this transaction will be completed next month, which means that it will not be long before the owner here will become Lin Xiufeng." ”

Shen Chong suddenly said with emotion: "The Golden Gate Building is really ill-fated, and in less than a year, it has changed three owners. ”

In the eastern part of the Central and Western District of Hong Kong Island, between Central and Wan Chai, there is a piece of feng shui treasure, called Admiralty, which used to be the naval dockyard of the British Army in Hong Kong, after World War II, affected by the reclamation project, the navy moved to the Tamar ship, which was vacant, in the early 1970s, Gammon Construction defeated the powerful Hongkong Land Group, grabbed a piece of land in Admiralty, and built the Golden Gate Building in 1975.

In December 1978, Hongkong Land Group started with 7. At a price of 1.5 billion Hong Kong dollars, he bought the Golden Gate Building from Jardine Matheson, and a year later, in response to Pao Yugang's sniping on Wharf, Hongkong decided to sell the building, and Chen Songqing immediately rushed to contact him when he heard the news, and after a short contact, on January 10, 1980, with 9. At a price of 9.8 billion Hong Kong dollars, he bought the Golden Gate Building and renamed it Jianing Center.

Hongkong Land Group bought with its left hand and sold with its right hand, making a net profit within a year2. 800 million, is the largest single property transaction since the opening of Hong Kong, as soon as the news came out, it immediately caused a sensation in Hong Kong, the media and the public not only envy Hongkong Land Group to make a lot of money, but also surprised by Chen Songqing's strong financial resources and extravagance.

At the same time as Chen Songqing acquired the Golden Gate Building, he also made waves in the stock market and spent 4. For 7.8 billion Hong Kong dollars, he acquired a shell company, renamed Jianing Real Estate as Jianing Real Estate, and then went public through backdoor listing.

On July 11, Jianing Real Estate claimed to have paid the last payment "on schedule", and some buyers were willing to pay 14. The acquisition of 300 million Hong Kong dollars in Golden Gate Building, only half a year to make a net profit of more than 400 million, once again shocked the whole of Hong Kong, Jianing Real Estate's share price rose sharply, from 5 per share at the end of June. 05 skyrocketed to 7 per share. 6. The market value is close to 1.2 billion Hong Kong dollars.

On July 29, Jianing Real Estate announced that it had "in-depth negotiations" with merchants interested in buying Golden Gate Building, at a price of about 1.5 billion Hong Kong dollars, and since then there have been rumors in the market, some say that Golden Gate Building has been sold to buyers from the United Kingdom, and some say that it has not been sold, and the buyer is Chinese, but no matter what the rumors, the price is very high, which stimulates the share price of Jianing Real Estate to rise further.

On August 14, Jianing Real Estate announced that it had reached a "preliminary agreement" with Baining Shun Group to sell a 75% stake in Golden Gate Building at a price of 11. 800 million Hong Kong dollars, the deposit has been paid, the transaction completion time is September 13, affected by this, Jianing Real Estate share price rose again, close to 13 Hong Kong dollars per share, market value of more than 3 billion Hong Kong dollars.

Jianing Real Estate in a month, the market value soared from 1.2 billion to 3 billion, expanding faster than blowing up balloons, which can be called a myth, if it weren't for Shen Chong in the United States to make a gameboy myth of selling 400 million in 3 days, his "God of Wealth" name may have been snatched away by Chen Songqing......

"Bai Ning Shun, Bylamson, B-Y-Lam is the abbreviation of Lin Bingyan, and it turns out that Bai Ning Shun means Lin Bingyan's son." Shen Chong muttered a few words and said: "Lin Dashao is filial, and he named the company with his father's name, but unfortunately although the meaning is good, he can't stand the blind toss, and people used 9 half a year ago." 9.8 billion to buy 100%, he now uses 11. 800 million to buy 75%, if Mr. Lin knew that his son was doing this business, he would probably be angry and beat him. ”

Lin Bingyan is the founder and first chairman of Hang Seng Bank, a business tycoon in the thirties and forties, it is said that when he died in 1949, he left a huge inheritance worth 300 million Hong Kong dollars, of which 200 million was earmarked for cultural undertakings, and Lin Xiufeng used that part of the inheritance when he invested in Jiayi TV in the 70s.

"Mr. Lin has been immortal for many years, don't talk nonsense."

Shen Chong was awe-struck, repented, and then said, "I took out these roses and threw them away." ”

"Whatever you want."

Shen Chong pursed his lips, picked up a few roses with bright colors and perfect petals, inserted them in the middle of his bottle of lilies, and said, "It's better to keep a little, beauty is like a famous horse, if no one chases it, it will be very lonely." ”

"again!" Li Kaiyuan looked up at him and said, "Chen Songqing wants to ask you to play." ”

"What kind of ball to play on this hot day."

"You don't seem to have a crush on him?"

"No, I've only met him once, not even a friend, and besides, my playing skills are very poor."

"It used to be called the Golden Gate Building, but now it's called the Jianing Center, and Mr. Chen is the owner of this office." Li Kaiyuan put down the documents, turned the office chair, faced him, and teased: "He just robbed you of your prestige for a month, don't be too petty, do you want to dominate the headlines of major newspapers in Hong Kong every day?" ”

Headlines are big things to save the planet......

"I'm a man who loves vanity above all." Shen Chong made a grimace and said, "Okay, when I'm free one day, I'll go play." ”

"I don't know why you don't like him, but since you don't like him, you should go fishing, otherwise maybe one day my mother will invite him to the house as a guest, you know, my mother bought Jianing's stocks and made a lot of money, and now in Hong Kong except for you, Mr. Chen is the most pleasing to the eye."

Shen Chong smiled bitterly, he was really cocooned......

Aunt Liu in the Spring Festival, took a sum of money from the neighbors in the past, let Shen Chong help invest, Shen Chong took the past to lend usury to Li Ka-shing, and after the money was recovered, he encouraged Aunt Liu to buy the shares of Jianing Real Estate, when she first entered the market, it was only more than 5 yuan, and when she came back from Beijing, it had become more than 13 yuan, and in two months, it had more than doubled.

"Your mother didn't use her own money to buy shares of Jianing Real Estate, right?"

"No, my mother is obedient to you, and whatever you say is what you say." Li Kaiyuan was suspicious and asked: "Since you are optimistic about Jianing Real Estate, why do you stay away from Chen Songqing?" And don't let my mother invest more money to buy stocks? ”

Chen Songqing's business experience is very simple, that is, to use borrowed funds to create a sensational big transaction, speculate the company's stock price, and then use stocks as money, large-scale acquisitions, crazy expansion, this business model, if the stock market has been bullish, it is not a big problem, but once the stock market fluctuates, the capital chain will be broken, and eventually the game will be over.

Hong Kong's economy developed rapidly at the end of the 70s, with an average annual trade volume growth rate of more than 30%, and the stock market also rose with the tide, becoming the most watched bull market in Asia, many foreign financial companies poured into Hong Kong, bringing a lot of capital and real estate demand, the rent of the top office buildings in Central rose from 6 Hong Kong dollars per square foot in 1975 to 30 Hong Kong dollars in 1980, the price of luxury homes in Mid-levels rose from 1.5 million Hong Kong dollars to 8 million Hong Kong dollars, and the Hang Seng Index rose from less than 800 points to more than 1200 points, The stock trading volume rose from HK$27 billion in 1979 to HK$97 billion in 1980......

Now the whole Hong Kong is filled with optimism and excitement, Shen Chong naturally can't say that the Sino-British negotiations will reach an impasse next year, and the stock market will turn around and plummet, he turned on the magic stick mode, and said openly: "Chen Songqing Ying looks at the wolf, not a good person, it's no problem to follow him to pick a little cheap, but you can't have a deep friendship with him." ”

"You're going to meet again?"

"I've just learned a little bit and I'm still researching."

"You like to do god's thing." Li Kaiyuan didn't delve into it, she finished reading the document, stood up and said, "Let's go, go home first." ”

Shen Chong snorted, put away the roses scattered on the windowsill, and said, "It's too wasteful to lose it, take it home and coax Tianbao." ”

"You stingy!" Li Kaiyuan walked over, took a dozen lilies from the vase, and said, "You bought too much, take some home to raise, by the way, what were you writing when I came in just now?" ”

"I didn't write anything, just drew a few pictures."

"What picture?"

"The outline of the skyscraper, drawn and played."