The working capital on the books of Cheung Kong Industrial Group was HK$62 million, the working capital on the books of Global Shipping was HK$250 million, and the cash on the accounts of Cheung Kong was HK$92 million. At the beginning of the new year, Lin Zhichao checked the accounts of various companies and was immediately excited.

Before you know it, he has become the richest man in Asia.

A lot of the funds of Global Shipping are deposited in the Bank of Japan, and it is a yen account, because this wave of charters to Japan, Lin Zhichao received all the yen, and both parties were happy.

These funds remained in Japan, naturally needed to build ships in Japan for another two years; At the same time, funds from Europe and the United States are remitted directly to HSBC bank accounts in Hong Kong.

During the period of July 1956 ~ July 1959, global shipping is expected to create a profit of about 260 million US dollars; Lin Zhichao is not ready to embezzle these funds, or a small amount of misappropriation, are left in the shipbuilding business in 1959~1961, of course, a small number of ships may be built in these two years, all according to the actual situation.

The cash flow of Cheung Kong Industrial Group can be extracted and misappropriated, and it can be invested in suitable projects.

As for the funds of Cheung Kong Industrial, it is estimated that the funds will be 120 million yuan (including the return of land funds, and the profit should be more than 100 million); The funds will be used for commercial real estate projects, as well as bottom-buying real estate projects.

This wave of real estate has also created many multimillionaires. At the beginning, real estate companies with assets of more than 10 million yuan (about ten) will earn tens of millions, or even tens of millions; There are also some millionaires who have also been upgraded to multi-millionaires.

Take Liao Baoshan as an example, it is estimated that her net worth is already more than 40 million, because no one is competing with him for the land in the West Ring.

And Huo Yingdong was robbed of a lot of projects by Lin Zhichao, although he worked hard to find new projects, but the estimated income was more than 10 million, and his net worth reached about 20 million.

Needless to say, the Zhang Yujie family has lost the project of Paterson Street, and its strength will be reduced by at least two or three percent in the future; However, Zhang Yujie's family earned as much as 20 million in Western medicine back then, and as soon as the war ended, they bought some land and old buildings, and also sold several real estate projects in the past year, and their strength should not be underestimated.

"Boss, how much reference price do you plan to give for the price of Kam Wah Building in North Point?" Hu Zhaoxu walked into Lin Zhichao's office and asked.

So far, Lin Zhichao has personally participated in the planning, drawings, construction, sales and other aspects of each real estate; Therefore, the price is still set by him according to the market.

Lin Zhichao asked: "What is the market in the surrounding market?" ”

Hu Zhaoxu immediately said: "The average price is 45~50 Hong Kong dollars per square foot!" ”

The increase in property prices is indeed full, mainly due to the lack of purchasing power in Hong Kong, and a unit in the urban area of Hong Kong and Kowloon is currently 3~50,000 Hong Kong dollars. It is expected that in the early 60s, it should rise to more than 50 Hong Kong dollars per square foot. By 1965, the property price in Hong Kong and Kowloon should reach 60~80 Hong Kong dollars per square foot.

After thinking about it, Lin Zhichao said: "We will sell it at a price of 40~45 Hong Kong dollars, and then make a lottery to send an air-conditioner cabinet, and the odds of winning will be ten to one." ”

Hu Zhaoxu said with some surprise: "An air-conditioning cabinet is almost worth 4,000 Hong Kong dollars on the market, and we have a nine-percent discount!" ”

Lin Zhichao said with a smile: "What is considered in real estate is the rapid return of funds, as well as credibility and reputation. And now the market has been greatly exaggerated by real estate developers, and the purchasing power has been insufficient. ”

Hu Zhaoxu understands what the boss means, the major real estate developers are still crazy, but they can't calmly understand that the market is already oversupplied.

Originally, he couldn't understand it, but by following the boss, he could naturally understand it.

He said: "Well, it is said that there were 15,000~20,000 residential units in Hong Kong last year, and this year's supply is likely to be even more. ”

In 1956, there should have been 1,900 buildings completed in Hong Kong, of course, not all of these buildings are residential buildings, most of them are tenement buildings, and most of them are two- or three-storey buildings. In Hong Kong in 1955, nearly 1,000 buildings were completed, which shows the boom in real estate.

This year (1957) is expected to have more than 2,000 buildings completed, which will directly lead to 1.7~25,000 vacant residential units in the market.

"No matter what, our four properties were sold out in the first quarter, so it will be slowed down for the time being."

"Okay."

In an office building in North Point.

Several shareholders of the Great United Real Estate Company are talking in the office. The head of the family, Li Kangjie, the financial guarantor He Xian, and other Hong Kong and Macao businessmen, all have one characteristic, that is, they have participated in the smuggling of the 'Peninsula Campaign'.

After more than a year of development, the company has made a lot of profits, and the shareholders also recognize Li Kangjie as the 'North Point Land King'.

Even people outside also regard Li Kangjie as a 'party overlord' like Liao Baoshan, Liao Baoshan likes to be the king and hegemon, and Li Kangjie is calling for wind and rain in North Point.

Li Kangjie handed a newspaper to everyone and said: "This Changjiang Real Estate is a site in North Point, and the unit price is only 40~45 Hong Kong dollars. Is Lin Zhichao's brain hot, and he sells it so cheaply? ”

He Xian suddenly became interested, picked up the newspaper and read it.

He only has a 20% stake in Grand United, but he is more concerned because he is the 'King of Omen', but he can meddle in the cause of Hong Kong, which is a good start. After all, how old is Omen?

"It's a lot cheaper!"

The crowd looked at the newspaper and frowned.

Someone said: "Li Sheng, didn't you say that North Point is our territory, and not a single fly can fly in!" ”

Li Kangjie said very domineeringly: "The land of Changjiang Real Estate was bought early!" If it were now, they would not be afraid of him in North Point. ”

Everyone smiled, last year, the Great Union earned more than 20 million, and this speed of making money really gave the money printing machine.

He Xian frowned and asked, "How is the Hong Kong real estate market now?" ”

Li Kangjie said confidently: "He Sheng, you can put ten thousand hearts!" Today, Hong Kong's industry is developing by leaps and bounds, creating a large number of large and small bosses. When these people have money, they like to buy properties, and buyers of ten sets abound. ”

He Xian suddenly stretched his brows, although his shares are only 20%, but now every loan is guaranteed by him, and Hang Seng Silver only recognizes him.

Subsequently, He Xian said: "Now the land is a little expensive, almost 160 Hong Kong dollars per square foot, and the land fee for a small building (one building) is three or four million Hong Kong dollars." ”

Li Kangjie said indifferently: "The price of land is expensive, which means that the market is good." The land fee plus the construction cost is 5 million, which can sell more than 8 million, and a site project can be completed in more than a year. How good is this account, right? ”

Everyone smiled, and there was no more doubt.

Land prices are rising, housing prices are also rising, although property prices are growing slowly, but a real estate project does not take two years to complete.

Later, Li Kangjie said: "Recently, I talked about two plots of land in North Point, which are enough to build three buildings."

Everyone was excited, and everyone's idea was simple: we should continue to conquer the city and build more projects this year.

Surpass Cheung Kong Real Estate and Liao Chong Hing Real Estate to become the real estate leader in Hong Kong!

As for the price reduction behavior of Changjiang Real Estate, they quickly lingered in their minds, just like when someone shouted caution during the bull market, they would be considered foolish.

In mid-January, Lin Zhichao was close to the water, and learned that the owner of No. 77 Deep Water Bay intended to sell it at a high price, so he introduced it to his father-in-law, Tang Zhongyuan.

On this day, Lin Zhichao took Tang Zhongyuan and Song Qiaoling to No. 77 Deep Water Bay to see the house, and the owners were also a British army officer and his wife.

After looking at the house, Tang Zhongyuan also said with rare arrogance: "Mr. Henry, our couple values your house, please open a price?" ”

Henry, a high-ranking British military officer stationed in Hong Kong, saw Lin Zhichao build 79 Deep Water Bay into a luxury villa, and his first thought was to take the opportunity to cash out at a high price. After all, his term of office is almost up, and he can sell this house and make a lot of money in the hands of the Chinese. If it is passed on to the next one, it is difficult to get the price right.

Because he also bought a western-style building after his term of office for 2 years, mainly to house his wife and children.

"800,000 Hong Kong dollars! I know that Mr. Lam is the wealthiest man in Hong Kong, and he has a fancy for the place of Deep Water Bay, in the words of you Chinese, that is, very good feng shui. So, I want 800,000 and I'll transfer it to you. ”

Lin Zhichao was dumbfounded, he didn't expect that with his move-in, the price of the deep-water bay bungalow had been raised.

Moreover, this Englishman is quite proficient in feng shui, no, it should be a celebrity effect.

As everyone knows, even if Henry doesn't understand feng shui, he only needs to look at the luxury of the redevelopment of No. 79 Deep Water Bay to know that the price of the bungalows here can rise.

Tang Zhongyuan didn't talk nonsense and said, "Yes! You're right, the feng shui here is good. ”

The two parties quickly reached a deal, and the contract was formally signed through the law firm at a later time.

After that, Lin Zhichao invited Tang Zhongyuan and his wife to sit in the villa.

"How much money did my father-in-law make last year, why is he so generous today?" Lin Zhichao also took the opportunity to quip.

Although Tang Zhongyuan's Oriental Group made money, he has always continued to invest his funds, such as spending a huge amount of money to buy 100,000 square feet of land (4 million Hong Kong dollars) in the surrounding area, expanding the area of the factory to 330,000 square feet in one fell swoop. It costs money to build factories and update equipment, so the asset value of Oriental Group is estimated to be more than 25 million Hong Kong dollars.

The scale of the Oriental Group has surpassed that of other Shanghai enterprises, and Tang Zhongyuan has also become the largest textile and garment factory in Shanghai. Of course, only in terms of textiles, Tang Zhongyuan's enterprises can only squeeze into the top five; However, the most important asset of the Oriental Group is the Oriental Garment Factory, which is indeed the largest garment factory in Hong Kong.

If you don't count the processing of 'plastic doll's clothes', the Oriental Garment Factory is also the largest garment factory, and its products have occupied the South African market and entered the British market.

Tang Zhongyuan motioned to Lin Zhichao to look at your mother-in-law, Lin Zhichao suddenly realized, and said with a smile: "It turns out that my mother-in-law values it, if I know this, I should buy it directly and give it to you!" ”

The relationship between everyone is very good, and Lin Zhichao's words are not a joke, but very sincere.

Song Qiaoling immediately said with great satisfaction: "Your father-in-law can make money, of course he won't spend your money." ”

Tang Zhongyuan immediately said: "Last year, I did earn more than 8 million Hong Kong dollars, and the profit of ready-to-wear has exceeded 5 million Hong Kong dollars. ”

It is already very exaggerated to have such a profit in this era, and of course it must be admitted that the Eastern Group also earns more than 3 million every year from the Yangtze River Industrial Group. Although Tang Zhongyuan took the initiative to keep the price very low, he couldn't hold the zipper and needed many orders for the doll.

Even so, the companies with an annual profit of five million are probably only the top three textile companies.

As for the garment industry, there are only a handful of millions of profits, and Hong Kong's garment industry has not yet opened the market in Europe and the United States, so it can only be said that some companies have entered, and it is expected to develop rapidly in the future.

Back at 79 Deep Water Bay, the Tang couple took a closer look at the villa again, thinking about how to plan their 77th redevelopment.

"Zhichao, how much does your villa cost to build?" Tang Zhongyuan asked.

"The whole is almost 3.9 million Hong Kong dollars, and my father-in-law can rest assured that the expenses can be spent in several years, and one million a year is enough." Lin Zhichao knew Tang Zhongyuan's thoughts, so he took the initiative to say.

"Okay, I'll rebuild it when I buy it."

Villa No. 77 in Deep Water Bay was Bao Yugang's in his previous life, and Lin Zhichao felt that there was no problem with feng shui. Although Bao Yugang has four daughters, in fact, the youngest daughters were all born in the mainland, and Tang Zhongyuan already has two sons.

Therefore, there is no problem for Weng's son-in-law to be a neighbor.

If given the opportunity, Lin Zhichao also plans to buy 80 Deep Water Bay as a backup residence in the future. There are also Repulse Bay, Shek O, and The Peak, in short, you have to buy slowly.

He has many children, and in the future, he will have a garden-style single-family villa.

No. 80 Deep Water Bay, No. 1 Repulse Bay. As long as these villas were purchased before 1967, the increase was more than 1,000 times, so it was also an investment. (End of chapter)