481 Hang Lung Properties' request for help

After a few days in Italy, Chan returned to Hong Kong with the rest of the group's top executives.

This time to Europe, the main purpose is to come to a larger purchase, after stabilizing AMC, he also needs to buy other brands to increase his influence in the automotive industry, otherwise, just relying on AMC to develop, another 20 years may not be able to develop to the level of the four words known as the "car giant", it is really this traditional industry, when others have developed and controlled the market, it is almost impossible for latecomers to catch up, the history of the automobile industry after the 50s, Regardless of the mode of changing lanes of electric car brands such as Tesla, only Hyundai has been counterattacking the rise of fuel vehicles for decades, and the reason for its rise is also the full and exclusive support of the South Korean government and some preferential treatment made by the US government in consideration of suppressing Japanese cars.

Other brands, there are still some opportunities in the mainland, because this is a very big new market, but the success is local brands, although Chen Zhiwen is considered Hong Kong-owned, but it may not be the same as mainland brands, at most, as long as you pay attention to a little, there is still a little opportunity.

The acquisition of British car brands can be regarded as opening up another market, the automotive industry, there is no absolutely popular model, are divided into demand, the real big brands, are from small A0 cars to large sedans SUV, AMC is only an ordinary car and off-road vehicles, the acquisition of mini, is considered to fill the vacancy of small cars, and if you can acquire Maserati, it can also be regarded as a place in luxury cars, but this market, can only be said to occupy a position, rely on it to make money, a little difficult, Among the super luxury brands of the future, Porsche has truly achieved success.

Of course, if Maserati were to be lowered to the BBA level, the market would be much larger, but whether to do that, or to buy other brands of this level, will have to wait until later.

In addition to cars, other supermarkets and mineral investments, although they also cost a lot of money, but they are also things that need to be operated by the company, and basically Chen Zhiwen, the boss, has also set the direction and requirements, and the following people only need to do things according to their own requirements.

In the middle of 1984 in Hong Kong, Hong Kong's economy is still performing very badly, the negotiations between China and the UK, although the principle has been decided, but many things in detail can not be discussed, which makes Hong Kong's economy endure many hardships, Hong Kong stocks are sluggish, the real estate market even after the acquisition of the land's mega event, there is no improvement, it is really when all the capital is unwilling to invest in real estate, no one is useful, not to mention that Chen Zhiwen in addition to the acquisition of land, also did not engage in any large-scale investment projects.

In addition to the Midea Building, at the beginning of this year, the former Hilton Hotel was successfully blasted, and after several months of construction waste clearing, the foundation finally began to be laid.

However, whether it is the cleaning up of construction waste in front, or the foundation that has started now and the construction project behind, Midea has all been handed over to Hutchison to deal with, and Hutchison has naturally handed over to his own Hutchison infrastructure.

A few years ago, the main task of Hutchison Infrastructure was to develop a large number of land properties for Hutchison, and if there was additional ability, he would receive orders from outside, and in the past two years, the real estate market was not good, and Hutchison Infrastructure also began to appear idle manpower.

"Bang bang."

On May 23, the foundation stone of Midea Building was officially laid, and under the witness of many reporters and media, Chen Zhiwen, the big boss behind the scenes, also picked up a shovel and mixed a spade of sand, which was the official start of the whole project.

Hong Kong's first building, with a total of 88 floors underground, has a total area of 1.8 million square feet, second only to Exchange Square's 2 million square feet, which can be added up to several towers and has a much larger plot.

It's not that Chen Zhiwen doesn't want to build a little more, but the Hong Kong government doesn't allow it, the main thing is the safety problem, no matter how high it is, it is difficult to ensure safety, and the height of the floor is also affected by the bottom area and soil quality, in the original history, this piece of land was built into the Cheung Kong Industrial Building, which is only 62 floors, with Li Jiacheng's shrewdness, it must be able to build a bigger one, and now he can build 88 floors, but also because there are no large buildings around, and the area has been expanded a little, At the same time, it is also a combination of reasons such as the lightweight structure specially designed by Bei Jinming and the investment in a deeper foundation, and the cost is also higher, but it does not matter compared to the future value.

"Congratulations to Chen Sheng." After the groundbreaking ceremony, many wealthy real estate businessmen in Hong Kong came over to celebrate.

"Thank you." Chen Zhiwen smiled and said. After all, in today's Hong Kong, a super building is needed to stabilize the public's confidence in real estate and the economy, in the last year, Chen Zhiwen also cooperated with the Hong Kong government very happily, the Hong Kong dollar exchange rate crisis made a lot of money, and also obtained a lot of high-quality real estate, so it is natural to give this face, so that the Hong Kong media come to shoot publicity.

And the reporters and the media are invited, then Hong Kong's counterparts will naturally be together, and it is rare to take advantage of this opportunity to gather the rich people of Hong Kong with a little influence in real estate, and by the way, they can also discuss economic issues and so on.

Everyone also came to the reception venue in the back, where reporters were not allowed to enter, and it was one thing to publicly shoot the foundation stone, but the small celebration banquet in the back was an internal gathering of Hong Kong's top class, and except for some waiters, no one else could enter.

It is rare for a group of Hong Kong real estate tycoons to gather together, and everyone can't help but discuss at will, mainly the situation of the real estate market, as well as the progress of each project.

"Chen Sheng, I would like to ask for instructions, when do you think this real estate problem in Hong Kong will be restored?" The interrogator was a middle-aged man with half white hair. But everyone also looked at Chen Zhiwen, everyone here is eager to know when the economy can recover, even if the specific time point is not clear, an approximate one, once determined, you can make the current plan according to this time, otherwise, most real estate companies are now in the blind elephant like a hard support, although they all know that the future will definitely recover, but whether they can survive to that moment, it is really difficult to say.

"Chen Sheng, just ask for instructions, in fact, I don't know, everyone knows that Hong Kong's current problems are not mainly in Hong Kong itself, only when the matter in Yanjing is settled, I think Hong Kong's real estate economy will naturally recover." Chen Zhiwen said very vaguely.

The person who asked the question is also surnamed Chen, which can be said to be his own family, this person is Chen Zengxi of Hong Kong Hang Lung Real Estate, and he is also one of the five real estate tigers in Hong Kong.

Hang Lung Properties has nothing to do with Hang Lung Bank, which was previously acquired by Hisense Bank, it is purely a coincidence, with the same name, while Chan Tseng-hee's real estate company is even larger, especially with the help of the real estate bull market of 75-82, the scale has grown exponentially.

Unfortunately, they also made the same mistake as Hongkong Land, when the land price was high, they rushed to make progress, resulting in a lot of debt after 83 years, and they have been barely maintaining. ,

In fact, there are still many enterprises operating in this way in Hong Kong, and at that time, when the gold was swept with a dustpan, not many people could see the crisis, and even if they did, most of them would feel that they would make the last money, and they would definitely not be the most unlucky.

"That being said, Chen Sheng's eyesight should be able to make a certain judgment, right?" Chen Zengxi asked again.

"My judgment is yes, but it doesn't work, it has nothing to do with the economy itself." Chen Zhiwen paused and said, "Besides, even if I say a date, do you believe it?" ”

"I'm sorry, I'm a little anxious." Chen Zengxi was silent for a moment, and still said apologetically.

"It's okay, Chen Sheng, if we can, we can talk about it alone." Chen Zhiwen smiled and said, he could see that Chen Zengxi may be too anxious, that is, the pressure is too great, and the only explanation for this situation is that Hang Lung's economy is in trouble.

"Okay." Chen Zengxi nodded and said, but there was no expression on his face, so that outsiders could not see it.

Several other people at the scene also knew that there might be some private things, but they were not easy to ask, so they could only chat politely and casually, in addition to wanting to get some useful information from some of Chen Zhiwen's gossip, and also to build a good relationship, after all, the current Hutchison + Land, is already the largest real estate consortium in Hong Kong, and at the same time, Hisense Bank is second only to HSBC, in terms of scale, it has even surpassed Hang Seng Bank.

The next day, Chan Tseng-hee came to the Hutchison Building.

"Chen Sheng, sit." Chen Zhiwen entertained and said, these are all surnamed Chen, which makes Chen Zhiwen feel a little awkward, but the East Asian culture is not very familiar, and it can't be called by name directly like the West.

"Thank you." Chen Zengxi said.

"What Chen Sheng said yesterday is because Hang Lung is in trouble now?" Chen Zhiwen also asked directly, if it was a company of the same level, he might indirectly euphemistically talk about this issue, but now he is already the top consortium in Hong Kong, that is, the quasi-central bank HSBC, and he may not be able to compare himself in terms of available financial resources.

"Yes, Chen Sheng." Chen Zengxi also said directly: "I hope to be able to get Chen Sheng's help. ”

(End of chapter)