At the official auction, Lin Zhichao sat in his position after greeting the local producers. In the eyes of outsiders, Lin Zhichao was high-spirited and domineering, and everyone present paid attention.

In fact, most of the land of Changjiang Real Estate was purchased in the hands of private individuals and private enterprises, and in the auction of 1956~1957, Changjiang Real Estate was thundering but not raining every time.

This year, Changjiang Real Estate purchased 250,000 square feet of land, while there are only three properties for sale, which is equivalent to reserving 180,000 square feet of land.

Airship Tai was sitting next to Lin Zhichao, and on the other side was Li Gaofu, the whole auction hall was quite small, and everyone was almost very close.

At this time, the main developers in Hong Kong were: Lin Zhichao, Liao Po Shan, Blimp Tai, Chen Detai, Pang Kwok-chun, Li Gaofu, Ma Jincan, Zhang Yuliang, etc., which were still mainly real estate developers in the mid-50s, but Li Kangjie really fell behind.

The reason why Li Kangjie fell behind was because he was weak in the first place, and he developed by relying on the 'big alliance', and after the crisis, the partners no longer trusted him, and naturally no one could cooperate with him anymore.

In contrast, although Chen Detai was also on the verge of bankruptcy, he was rescued by HSBC, and now he has recovered some vitality and returned to the real estate industry; After all, the emaciated camel is bigger than the horse, and Guo Desheng and Li Shauji at this time can only be regarded as small and medium-sized real estate developers, and they are not famous.

"Hello everyone, welcome to today's auction, there are a total of seven lots today," said the British auctioneer with high spirits.

It's a pity that the English language is spoken, and this kind of speech is greatly discounted for the Chinese, of course, most real estate developers can understand it, but they don't have so much empathy.

Seven plots of land, more than 20 real estate developers participated, and the competition was fierce. However, many people did not really come to participate, but came to join in the fun, and according to the situation of the auction, they analyzed the current trend of real estate.

Official land auctions have always been a barometer of real estate in Hong Kong.

"Okay, now the auction begins. The first piece of land is located in Yau Ma Tei"

The auction officially began, and Lin Zhichao didn't make a move, as if he had been waiting. But even without his participation, the auction will be very intense, and the average land price of residential land in Hong Kong and Kowloon will soon rise to the level of HK$120 per square foot.

Although it is not as high as the peak land price in 1957, it also fully shows that the real estate recovery is very fast.

"The next 5th Blessed Lot is located at 71 Des Voeux Road Central, covering an area of 16,000 square feet, with a staggering 20 times the plot ratio, which can build a first-class Grade A office building. I think everyone will be looking forward to it, so I won't say much, just start bidding, the reserve price is 10 million Hong Kong dollars, and the price increase is not less than 100,000 Hong Kong dollars each time! ”

However, the land that seems to be good is not auctioned for the first time!

Just as the auctioneer was about to speak, Lin Zhichao stretched out a finger, and the auctioneer breathed a sigh of relief, he thought that the bid was going to fail today.

Next, everyone started bidding one after another, and it turned out that everyone was tacitly suppressing the crazy temperature in the auction hall just now.

Lin Zhichao raised a finger every time, and he didn't look at who was bidding with him, his expression was relaxed, and someone looked at him and didn't forget to show a smile.

This phenomenon is quickly filmed and may make headlines tomorrow.

On the other side, Zhang Yuliang's pressure has increased greatly, and the Zhang family has made a lot of money over the years, and its assets have approached 100 million; After the death of his brother Zhang Yujie this year, he became in charge of the rights of the Zhang family, so he desperately wanted to give the family a Dinghai Divine Needle.

Isn't a first-class commercial building the best Dinghai Shenpin?

But in the face of Lin Zhichao's ease, he was not easy at all, and the price soon climbed to 15 million!

"15.2 million"

At the auction, Lin Zhichao gently raised a finger, his expression was relaxed, and he didn't think about his opponent at all.

Airship Tai and Li Gaofu were beside them, fully feeling this relaxation, and couldn't help laughing.

On the other hand, Zhang Yuliang could only continue to deal with it, but the pressure increased greatly.

and Ho Sin Heng of Hang Seng Bank, who has shaken his head and given up.

The deposit of Hang Seng Bank is only more than 90 million Hong Kong dollars, and it is very dangerous to spend 20 million or 30 million yuan to build a building.

At this time, Hang Seng Bank, which was similar to Liao Chong Hing's deposits, was far from developing rapidly, because the title of 'bank' was only changed at the beginning of this year. In the previous life, in 1965, Hang Seng Bank had 700 million deposits, threatening HSBC's retail business and surpassing the Bank of East Asia.

It can be seen how fast the development was in the sixties.

Ho thought to himself that they were fortunate to have bought a plot of land in Queen's Road for just over 7 million Hong Kong dollars (13,000 square feet). It is still possible to build a headquarters building on this land.

Zhang Yuliang finally couldn't bear the pressure and stopped bidding at 16 million Hong Kong dollars!

Although the assets of the Zhang family are close to 100 million yuan, after all, if this building is invested in 30 million, it is still a little risky.

"Lin Sheng, congratulations!"

The surrounding real estate developers congratulated, and Lin Zhichao was humble. Few of you may be sincere, but it does not prevent Lin Zhichao from his status in Hong Kong real estate.

Strata, staging, and public housing deeds were all invented by him. Without him, there would be no development of Hong Kong's real estate industry today.

So, what's wrong with eating a big head!

After that, Lin Zhichao did not stretch out his 'Optimus Finger', he came today for No. 71 Des Voeux Road Central. What's more, Cheung Kong has no extra funds for the time being, after all, the project of Paterson Street in Causeway Bay has already started, so it is not ready to buy land.

Next year, we will continue to buy some land by making use of the 'unplanned sale' of residential units in Paterson Street.

Kai Tak Airport.

The two Boeing 707-120s ordered by Hong Kong Airlines from Boeing have been delivered and are flying back to Hong Kong.

To this end, Hong Kong Airlines held a ceremony to inaugurate the 'new aircraft', and even the Governor of Hong Kong, John Douglas, was also invited, and other attendees included HSBC Taipan John Douglas, Vice Chairman Sanddash, Swire & Co. Taipan Schyoke, and Chinese Chinese such as Zhou Xinian and Jian Dongpu.

The ribbon-cutting was carried out by Bai Liji, who after all was the most heavyweight guest.

After the ceremony, Bai Liji said with a smile: "Hong Kong Airlines should be the first to use Boeing 707 outside the United States, right?" ”

The Britons present were vaguely disappointed, the glory of the Viscount aircraft is no more, and the next glory will be the Boeing 707; Pan Am has been in operation for a year, and its performance has shocked the entire aviation community.

Importantly, this is a milestone for jets; The Boeing 707-120 is a classic three-cabin configuration that can carry up to 149 passengers, which is twice as many as the maximum number of passengers a propeller aircraft can carry.

Hill, as the president, is still the person who talks about Hong Kong Airlines, he said: "Yes, Hong Kong is the first to use Boeing 707 outside of the United States, although it is only two, but it will change a lot." For example, the time between Japan and Hong Kong, Hong Kong and Taiwan will be shortened by one-third, and the number of passengers per flight will be greatly increased. ”

At this time, Schyork, a competitor, asked: "Hong Kong Airlines was able to get the plane so quickly, presumably because the order was placed last year, could it be before Pan Am's commercial flight?" ”

For a while, everyone looked at Lin Zhichao and Hill, a little incredible.

Douglas and Sandas laughed silently, as lenders, of course, they knew that Hong Kong Airlines had been planning three months before Pan Am COS.

Hill said, "Yes! It was Mr. Lin who decided to buy two Boeing 707-120s."

The crowd was a little incredible!

Lin Zhichao, a layman, can have such a vision?

Shi York said: "Mr. Lin, you are gambling!" What if. And if you buy a Comet jet, Cathay Pacific will be in trouble. ”

He didn't want to admit that Lin Zhichao was also proficient in the aviation industry, so he used his own light experience to illustrate this problem.

Lin Zhichao said with a smile: "I also have many friends in the United States, and after asking them for advice, I feel that the opportunity should not be missed. This year, the number of tourists visiting Hong Kong has increased by more than 30% to more than 130,000, and we at Hong Kong Airlines need these two aircraft to compete with foreign airlines and win. ”

A route, a country/region can only be one airline, such as the route between Hong Kong and Tokyo, Japan can only allow one airline to fly, in essence, the frequency of the flight must also be the same.

Now that the Boeing 707 is in place, Lin Zhichao believes that Japanese Airlines cannot compete with Hong Kong Airlines on this route.

At this time, Bai Liji said a fair word: "Hong Kong Airlines has greatly improved its service and quality in the past two years, which is the pride of Hong Kong's aviation industry." Of course, Cathay Pacific is not to be outdone, and the two airlines have made progress together to win glory for Hong Kong's aviation industry! ”

Of course, the specific performance is the service of the crew, the in-line food, etc., but it is true that the business of both airlines is growing.

Schyoke then said: "Mr. Lin is really a business genius, and I admire me, an aviation person who has entered more than ten years before you. We at Cathay Pacific also ordered two Boeing 707s in the first half of this year, which are expected to be operational in 1961! ”

His words are secretly murderous and suspected of sowing discord, after all, the credit of Hill and other management teams is still great.

"It's all the result of the concerted efforts of my colleagues!" Lin Zhichao was modest.

Cathay Pacific is not strong, at least for now, with direct flights to Sydney only opening this year, and other routes include Singapore, Kuala Lumpur and other Southeast Asian routes.

Of course, if direct flights to Europe and the United States are opened in the future, Cathay Pacific will naturally surpass Hong Kong Airlines all of a sudden.

Hong Kong Airlines, on the other hand, can only look forward to the mainland market, and there are more than 20 years to go!

Mr Patrick and other government officials were also pleased to see the good development of Hong Kong's aviation industry and gave recognition to both sides.

In fact, everyone understands that Cathay Pacific is a big step behind.

Back in the office building of Hong Kong Airlines, Lin Zhichao and Sandas both attended the meeting, representing the two shareholders. Of course, Lin Zhichao also represents the 'actual controller' and 'boss', otherwise he would not be able to meddle in Hong Kong Airlines.

Sandas asked management, "How much profit will Hong Kong Airlines make this year?" ”

"It is expected to reach more than $1.4 million, an increase of more than 20 percent," Hill said. Among them, the profit of airline food is about 200,000 US dollars."

Sandas said with a smile: "That is to say, since Universal Airlines became the owner of Hong Kong Airlines, its annual profit has increased by more than 50%. ”

All the management sighed in their hearts, things are so powerful, and they set their eyes on Lin Zhichao, and they were a little convinced.

Hill then said: "Profits will continue to grow next year, and the new aircraft will be put into service, which will make us much more competitive." We expect this to grow to a profit of $1.6 million. ”

The Hong Kong Airlines Loan amount is US$8 million, with an interest rate of 6% per annum, provided by HSBC.

Pay it off in five years, maybe just four years!

Of course, maybe two years later, you will have to buy another plane.

As long as the operation is good, you can take out a loan to continue to buy the aircraft at any time, anyway, the only shareholder is Huanyu Shipping, and the guarantee is 100% assured.

"The number of visitors to Hong Kong continues to increase, and profits will continue to strengthen. It can also be developed horizontally to 'airport ground handling services', 'escort services', etc., but in general, the profits of the sixties need to continue to buy aircraft, and long-term investment is required. ”

As soon as his words fell, a kind of high-level couldn't help but applaud, and even Sandas understood that Hong Kong Airlines had changed so much, and Lin Zhichao made great contributions.

As Lin Zhichao's power gradually strengthened, he also planned to recruit some Chinese middle and low-level managers in the 60s to prepare for the future. Otherwise, I always face a group of foreigners, and I feel a little uncomfortable.

Half foreigner and half Chinese, he is more acceptable, even if there are more foreigners, there can be no meeting, there is not a single Chinese.

Afternoon.

Lin Zhichao asked Jian Dongpu to have afternoon tea, Jian Dongpu is 75 years old this year, but he is still struggling in his post, and this year he was also elected chairman of the board of directors of the Bank of East Asia, and also serves as managing director.

In order to repay the kindness of the year, most of the financial transactions of Cheung Kong Industry were handed over to the Bank of East Asia; CK Industry's more than 200 million deposits are also in the Bank of East Asia's accounts.

Lin Zhichao has only one request, and that is absolute confidentiality.

With Lin Zhichao's deposits, the Bank of East Asia can be said to have developed rapidly, and it is somewhat difficult for Hang Seng Bank to surpass it in this life.

Of course, the Bank of East Asia was conservative because it had a run on time in the thirties; This is one of the reasons why it will not be affected by the bank run in the future (there is, but it is small), but the development will also lag behind Hang Seng Bank.

"Mr. Jian, Cheung Kong has developed a large-scale development in Paterson Street, with more than 2,000 residential units, does BEA have any ideas for cooperation?"

During this period, Lin Zhichao once again returned to the Bank of East Asia.

Jian Dongpu said: "What you said is that our bank will collect the funds of the buyers, and then collect them in each installment, and then transfer them to you, not through the law firm?" ”

In this era, instalments were collected by law firms and then passed on to real estate developers.

Lin Zhichao said with a smile: "If this is the case, there is no need for the bank to intervene!" My idea is: the buyer takes out a loan from you, and you send the money to our developer, and the buyer pays you the principal and interest every month! ”

Jian Dongpu was old but not old, and immediately said: "Didn't you transfer the risk to our bank?" In the event of a default by the buyer, will our bank bear the risk? ”

And that's just the way it is!

Lin Zhichao said with a smile: "This is the trend of real estate and banks in the future!" The bank can get interest income and increase the customer and influence risk in terms of the buyer to loan you 50~80% of the funds of the house, but the residence is mortgaged to your bank. If a buyer defaults, you can auction their home and the risk is still in the hands of the buyer. Banks can determine the term of installment and the amount of loans to adjust market risks. ”

Jian Dongpu listened very carefully, and in the end he was already very excited, in the final analysis, this model is the same as lending to entrepreneurs.

"I'll go back and talk to the management and get back to you as soon as possible."

"No problem! To be honest, I prefer HSBC for this kind of cooperation, after all, they are stronger. However, Jane took care of me back then, and now I am willing to give back to BEA. In fact, we can also set up a 'finance company' to provide loans to home buyers. I will also go further in this model. ”

Jian Dongpu said with admiration: "If you become a banker, the leading Chinese-funded bank in Hong Kong, maybe it will be your bank!" ”

This person's cash deposits alone are as high as more than 200 million, and if he opens his own bank, these 200 million yuan is the biggest foundation.

Lin Zhichao said: "Some things are not that I don't have the strength, but that if I do them, I will lose some others." So the banking industry, I also thought about it, but in the end it didn't happen. If I had opened a bank back then, there would have been no cooperation with HSBC, and the development of my shipping company might not have been what it is today. ”

Jian Dongpu nodded and said, "That's the reason!" ”

At that time, the loan of global shipping was really convenient, and HSBC contributed a lot. Of course, it is not that without HSBC, there would be no global shipping, but without HSBC's loans, the scale must be much smaller.

After the two sides separated, Lin Zhichao said in his heart: "Return to the Bank of East Asia for the last time!" ”

Of course, CK Industries' funds are still deposited with the Bank of East Asia, because the bank's liquidity accounts for about 75%; For example, if there is a deposit of 500 million, they only lend 25% out.

The loan-to-deposit ratio of 25% is lower than the standard of 40%, which is why BEA has avoided multiple runs, but it has also been slow to develop.

For example, Liao Chong Hing Bank's deposit of 80 million, it is estimated that another 65 million was loaned to Liao Baoshan and her customers.

In 1965, in the previous life, the deposit of Hang Seng Bank reached 700 million, and the loan was at least 4~500 million; Because of this, after the 200 million run, there are still a large number of people queuing up to withdraw money.

At this time, even if Hang Seng Bank can borrow 200 million, it will be greatly damaged.

Only with HSBC's backing to restore its credibility can Hang Seng Bank develop better.

Therefore, this is the reason why Seong is not blessed if he loses his horse.

If it had not been for the acquisition by HSBC, Hang Seng Bank might not have developed later.

As for He Shanheng borrowing money from Lin Zhichao at that time, 30 million can be considered, and it is also in line with his identity. (End of chapter)