June.

Cheung Kong office, Lin Zhichao is working, recently Cheung Kong has made persistent efforts and purchased two more plots of land, namely:

The first one: the 'Golden Triangle' located in Pak Wo Street, Paterson Street, Kent George Street in Causeway Bay, this old building belongs to Wangdi, it is surrounded by three streets into a triangle, like this kind of land, its plot ratio must be very high (plot ratio: 'plot area' multiplied by 'plot ratio' is the floor area), if you build a triangle building (the tip is flattened, so as not to offend people), then it is three sides of the street shops. At the same time, this site is parallel to the 'Paterson Street West Half Street' that has been purchased earlier, and is only separated from Kender George Street, so that it can be developed as a whole. The site is 40,000 square feet in size and priced at HK$1.58 million.

The second picture: The 'Jardine's Warehouse' located in Jardine's Street, opposite Jardine's Place (later known as Jinhua Centre), also has two frontages - Hennessy Road and Jardine's Street. The site is 28,000 square feet and priced at HK$1.08 million.

Because there are properties in them, the owners will not sell them according to the price of the land, and generally speaking, it is not expensive, and both plots of land are commercial in nature, only less than 40 Hong Kong dollars per square foot.

After acquiring these two old sites, Lam decided to continue to purchase land in Causeway Bay and focus on the development of the Causeway Bay area. For example, the three Causeway Bay sites in his hands are all developed in a mixed mode of 'commercial real estate' on the ground floor and 'residential real estate' on the middle and high-rise.

Causeway Bay is not yet a bustling business district, and the whole commercial real estate is looking for death, and the office buildings are almost not rented; In real estate, there is a practice of using residential properties to nurture commerce, which is suitable for the development model of Causeway Bay.

At the same time, Causeway Bay was not a shopping district in the 50s, and if Lam wanted to develop buildings in Causeway Bay, he had to nurture the shopping trend in Causeway Bay, rather than saying that Cheung Kong would rent out the shops on the ground floor after building the building.

He needs to attract investment and attract a department store with appeal, which can then drive the surrounding business. In the sixties and seventies, of course, it was the Japanese-funded department stores that had the most appeal, because Japanese products were too competitive.

"Boss, the properties in Xiyun Street in Causeway Bay belong to the church, and they don't talk to us directly about business, saying that it's not good." Hu Zhaoxu walked into Lin Zhichao's office and reported.

Lin Zhichao thought for a moment, and then he said: "If you don't talk to us about business directly, you can talk about business indirectly, this church seems to be affiliated with Christianity, you can contact his Chinese followers, preferably reputable." If you can introduce it to us, the intermediary fee can be given 3 points. ”

These properties are more than 120,000 square feet, worth more than 3.5 million, and can build about seven buildings.

Lin Zhichao wants to concentrate on the development of Causeway Bay and drive the rise in popularity, so that the rent of his commercial real estate can rise. Of course, land and old buildings in other areas will continue to be acquired, but they may be used for 'reserve land'.

"Okay, I'll inquire about the situation right away and report back to you!"

"Well, if there's a suitable person, I can come forward and talk."

It's not that there is less land on the market, but Lin Zhichao feels that it is more difficult to develop such a large project. If you take the old site of this church, you will have spent more than 12 million yuan to buy land this year. Coupled with the previously purchased land, more than 20 million Hong Kong dollars have been invested.

This courage is already the only one in Xiangjiang!

After Hu Zhaoxu left, Lin Zhichao remembered one more thing, that is, the Miramar Hotel must be obtained. He is not interested in the Miramar Hotel, but on the land of the Miramar Hotel, which is 86,000 square feet.

If the Miramar Hotel is taken down, it will be rebuilt into the 'Shangri-La Hotel', and then it will compete with The Peninsula Hotel.

At this time, the Miramar Hotel was not called the Miramar Hotel, but a hotel founded by several Spanish priests, which was originally used to receive expelled clergy from the mainland, and as these clergy successively served in dioceses in various countries, the priests gradually opened the hotel to the outside world, and the proceeds were used as funds for the church.

But what is certain is that such an approach is contrary to the spirit of the mission, so sooner or later the new bishop will order it to be sold.

It's not urgent, but keep it in mind and inquire about the specific situation later.

On the weekend, Tang Zhongyuan, Song Qiaoling and his wife brought their two sons Tang Xianqian and Tang Youqian to the Lin Mansion as guests, and the relationship between the two families has always been very good, and Lin Zhichao has always been grateful to Tang Zhongyuan and his wife for their success.

During the banquet, everyone pushed the cup and changed the lamp, and talked very happily.

"Father-in-law, how has the factory been developing lately?" Lin Zhichao asked with concern.

Tang Zhongyuan immediately said: "Relying on advanced equipment, it can still be among the best in the textile industry in Hong Kong, and although the profit has not risen, it has also stabilized." I'm just building up my strength, and once the embargo is gone, I'm going to continue to buy new equipment and open up overseas markets. ”

This is the case in the textile industry, where equipment is updated so quickly that even a certain type of cloth is 'all the rage', but it will soon be replaced. In this way, in fact, some small and medium-sized factories are more advantageous, they can quickly follow the trend and turn around in time. Of course, large factories also have the benefits of large factories, which can only be said to be not advantageous in some aspects.

Lin Zhichao suggested: "The equipment is not a panacea, for example, South Africa has a minimum requirement for imported fabrics, at least 172 yarns per inch of cloth, otherwise heavy taxes will be imposed." As far as I know, Hong Kong textile mills think it's impossible? ”

Tang Zhongyuan nodded and said, "It is indeed a difficult technique to complete!" ”

Lin Zhichao is not ignorant of textiles, on the contrary, he has been in contact with it for many years, because the Yangtze River zipper needs to be tile, and now the crocodile shirt is also needed, so he still knows a lot about cloth.

Hong Kong's textiles are generally divided into cotton spinning and wool spinning, and a factory will only do one, while cotton spinning is the most popular textile. Cotton spinning requires cotton to be spun into yarn first, and then the yarn is spun into cloth, which are two processes. Therefore, some factories are called 'yarn mills', which means that others only do spinning, not spinning.

Textile dyeing, four major steps, is the four major industries. However, large-scale factories generally do industrial integration, at least they have to do 'textile dyeing', and ready-to-wear may not be involved.

"I don't know the specific technology, but I think it can definitely be achieved if others ask for it. Whoever solves this problem in Hong Kong will inevitably open up markets in South Africa, Indonesia, and even the United States. The father-in-law can set up a task force to conduct technical research and development specifically for the South African market. Straight weaving is not good, you can try twill! ”

Tang Zhongyuan was stunned for a moment, and then said: "Twill? ”

Lin Zhichao nodded and said: "Everyone is studying on straight weave cloth, but they haven't opened their minds, twill can not only look good, maybe it can also meet better requirements." ”

Tang Zhongyuan said happily: "What you said makes sense, I'll organize a team to study it later." However, when the embargo will be lifted will make the lives of Hong Kong people miserable, and industry will also be restricted. Ay! "At the end of the day, it's a bit pessimistic.

Lin Zhichao said: "The lifting of the embargo is inevitable, and the end of the war will be soon. Importantly, the Japanese textile industry is now dominant, and Hong Kong's textile industry is no match for it. Therefore, there is no need to seize the day, although Japan's light industry is dumped globally, it is bound to be targeted by Europe and the United States, and the wages of Japanese workers will also rise, so Hong Kong's light industry still has a great opportunity. ”

"Makes sense!"

Tang Zhongyuan was naturally convinced of his son-in-law's vision, and he was often surprised by his son-in-law's business talent, and the speed of fleet expansion was unbelievable.

Subsequently, Lin Zhichao asked, "Does my father-in-law know Dr. Tang Yuhan?" ”

Tang Zhongyuan immediately said: "I know, he is a famous doctor in the medical field, and I have known him in Shanghai." Last year, my mother-in-law also visited him, and I have been in contact with him. By the way, what are you looking for him for? ”

Lin Zhichao said: "I took a fancy to an old site of the church and planned to buy it, but it was inconvenient for the people of the church to discuss business directly, so I planned to take a detour and communicate with the Chinese people in the church, and it happened that Dr. Tang was a member of this church. ”

Tang Zhongyuan nodded and said, "Since that's the case, then I'll make an appointment for you, just so that everyone can have a meal together." ”

Lin Zhichao said: "Well, thank you father-in-law." ”

Subsequently, Tang Zhongyuan cared about real estate matters.

"Are you planning to do real estate again?"

"It's been done. However, now that global shipping has developed, I will take out some money to buy land and property, and plan to keep it in my hands and develop it when it is suitable in the future. ”

Tang Zhongyuan asked again: "So, are you optimistic about the prospects of Hong Kong real estate?" ”

Lin Zhichao said with a smile: "To a certain extent of industrialization, that is, to develop many people, real estate will form new purchasing power." Therefore, real estate is a very stable wealth, not as risky as a ship at sea. Could it be that the father-in-law is also interested in property? ”

Tang Zhongyuan shook his head and said, "I still like industry." When the industry develops in the future, it can be considered for development. ”

Lin Zhichao did not persuade anything, after all, Hong Kong's real estate before the 70s, ups and downs, not ordinary people can play. Although Tang Zhongyuan is his father-in-law, he is the only one who gives some shallow advice when he wants to develop real estate.

As for the old site that Lin Zhichao helped Li Gaofu find, the reason was that he wanted to buy the land and took the initiative to cooperate in the development in the future, so he found a good old site. Otherwise, he would not have participated and advised.

Two days later, in the evening, Lin Zhichao and Tang Zhongyuan entertained Tang Yuhan in Lu Yu's teahouse.

Tang Yuhan, a native of Ningbo, was born in Hong Kong in 1913 and returned to his hometown with his parents when he was still an infant, namely Zhenhai Wantang, Ningbo. After graduating from Shanghai Medical College in the 30s, he entered the University of Leuven in Belgium, engaged in pathology research and medical practice, and obtained a doctorate degree in medicine. After returning to China, he successively served as the president of Shanghai Zhongbi Radium Ingot Hospital, the president of Shanghai Red Cross Hospital, and the professor of Shanghai Medical College in the 40s, and went to the United Kingdom for further study and medical practice, and was elected as a Fellow of the Royal College of Physicians of London and the Royal College of Physicians of Edinburgh for his outstanding contributions to the prevention and treatment of cancer and cardiovascular diseases, becoming one of the first Chinese people to receive this honor.

Tang Yuhan's wife Chen Yunshang is also a celebrity, was a famous movie star in Shanghai, she went from a rookie in Hong Kong to later reached the peak of her career after filming "Mulan in the Army", this work broke the box office record within three months after its release, and achieved the effect of being full of friends, so she is also known as a lonely island actress, she has been rated as the queen of movies three times before she got married, and her fame is close to Zhou Xuan and Hu Die.

"Lin Sheng, look up for a long time!"

"Doctor Tang, you are everyone, hanging the pot to help the world."

The first meeting between the two was very polite.

In Tang Yuhan's view, Lin Zhichao is a leader in Hong Kong's business community, and it is rumored that he is highly valued by the British government in Hong Kong.

In Lin Zhichao's view, Tang Yuhan is a famous doctor; Doctors and lawyers in Hong Kong, or capitalist society, are high-income people, the objects of friendship with the powerful, and the people worthy of respect.

The teahouse brews a cup of fine Pu'er tea for everyone, and the aroma is overflowing.

In this era, the term Pu-erh tea refers to the use of sprinkling, high temperature and high humidity aging and other fermentation methods of tea, and the source of green tea is not strictly regulated, so there are also some tea estates on the Thai border that use local raw materials to produce Pu-erh tea.

The sales of Pu'er tea have always been "flowering outside the wall and fragrant inside the wall", and before Yunnan Province obtained the right to export tea, the export production and marketing pattern of Pu'er tea was almost dominated by Hong Kong businessmen of the Guangdong Tea Import and Export Company. In the 50s, Hong Kong was not only the main position of Pu'er tea consumption, but also the main force of production, Hong Kong tea shops started from the local tea drinking habits, using artificial aging technology to quickly age Pu'er tea, and supply it to tea houses.

This kind of old-fashioning technique and technology is actually to use artificial sprinkling water to ferment, shorten the aging time, make a red soup tea that satisfies Hong Kong tea customers, and play a role in saving storage land rent and quickly recovering costs.

After accumulating technological advantages, the business of Hong Kong tea estates became bigger and bigger, and they once produced "replica" teas, and sold these teas to Singapore, Malaysia and other Southeast Asian countries.

However, since Hong Kong itself does not produce tea, it needs to import green tea from various places for fermentation, among which the green tea from Yunnan is the most popular, and there are also some border green tea from Vietnam and Thailand.

After chatting some gossip, Lin Zhichao also went straight to the topic: "Doctor Tang, I really have something to ask for when I meet you this time!" ”

Tang Yuhan said with a smile: "Mr. Lin is serious! If there's anything, say it's okay! ”

He thought that Lin Zhichao or his family had some disease, so he wanted to go through the 'back door' in advance.

Lin Zhichao nodded, and then said: "I have a fancy for the old church site on Xiyun Street in Causeway Bay, but there is no way to buy it, so when I heard that you are a parishioner, I want to ask you to help be an intermediary." ”

is a famous doctor, and an intermediary fee is definitely a large amount, so let's be honest about the intermediary fee.

Tang Yuhan was stunned for a moment, and then said with a smile: "It turned out that this was the case, it really surprised me." No problem, I can run for Mr. Lin. ”

Lin Zhichao didn't expect Tang Yuhan to be quite refreshing, so he said: "That's troublesome!" You can rest assured that the intermediary fee is funded by my buyer and is calculated according to 3 points of the transaction price. ”

The church can't be greedy, so if it is intended to be sold, the price will not be too high, and as for the three intermediary fees, it is a high level in the industry, which is just right for Tang Yuhan.

"Lin Sheng is refreshing, this favor must have helped. However, I am curious, the current Hong Kong property is at a low ebb, and Mr. Lam is ready to show his strength again. I've heard of Lin Sheng's deeds, a good way to stratify and periodize, but you put it forward. Tang Yuhan said with interest.

Lin Zhichao said: "I plan to reserve it in my hands, and then choose the opportunity to develop it in the future, at least this war will end and the embargo will end." ”

Tang Yuhan nodded and asked again: "Mr. Lin is optimistic about the future of Hong Kong's property market?" ”

"On the whole, I am optimistic, after all, if you have money, you will always find a more comfortable nest."

"Haha, that makes sense."

Next, Lin Zhichao didn't expect that this Tang Yuhan was so keen on real estate and asked a lot of questions about real estate.

Looking at him like this, I'm afraid he also wants to invest in property.

Lin Zhichao also talked about some real estate affairs so-so, which can be regarded as a good friend of Tang Yuhan, after all, a famous doctor like him, maybe he will be able to use it in the future. Of course, it's not that Lin Zhichao needs to see a doctor, he hasn't been sick since he was reborn, and his body is very strong.

Be prepared, this thing!

In the end, Tang Yuhan became more active than Lin Zhichao, which made Lin Zhichao slander in his heart, should he think about cooperating in the development of real estate projects in the future?

At the end of June, the former church site on Xiyun Street in Causeway Bay was finally taken over by Cheung Kong for HK$3.6 million. This price is not expensive, because there is also a property on it, which can be rented down.

What's more, it is quite cost-effective to add less than 30 Hong Kong dollars per square foot. At the same time, he paid Tang Yuhan's intermediary fee of 108,000 Hong Kong dollars, and he himself was very happy, and the two became friends.

Cheung Kong Industrial.

In his office, Lin Zhichao was thinking about the land and old sites of Cheung Kong Industrial, four places in Causeway Bay, two places in Central, and one place in Yau Ma Tei. These plots of land are sufficient for Cheung Kong to develop in 1955~1957 in two years, and if more residential land is developed, it may encounter a sharp decline. Although with the strength of Cheung Kong Industrial, the plunge will not have much impact, but Lin Zhichao will still avoid this risk.

In his previous life, in 1957, due to the Hong Kong government's restrictions on 'sales of real estate' and 'imbalance between supply and demand', land prices fell by as much as 70%, and many people went bankrupt. Fortunately, it rose again in 1959, and it was not until the bank run in 1965 that it fell again.

Lin Zhichao likes this kind of behavior of rising and falling sharply and following the market, and he doesn't like ZF intervening in real estate, after all, so that he can buy low and sell high.

Although Cheung Kong has bought enough land developed in the 50s, Cheung Kong will definitely continue to buy reserve land in the future.

However, this year, 12 million Hong Kong dollars have been spent on the purchase of land, that is, 2.15 million US dollars; But Lin Zhichao also wants to complete the goal of global shipping this year as soon as possible and buy the remaining 50,000 tons of cargo ships, after all, he can sign a long-term contract.

So, he stopped searching for land and properties, intending to raise money to buy a boat first, preferably in August or September.

(End of chapter)