It's spring of another year (1961).

As soon as Lin Zhichao returned from overseas, he found that Hong Kong had entered spring, and he was in a better mood.

In the office of Cheung Kong Industrial, Lin Zhichao looked at the news in the newspaper and suddenly felt a little funny. It turned out that Liao Baoshan proudly announced in front of the media not long ago: his family fortune has exceeded 100 million Hong Kong dollars!

That's too arrogant, isn't it?

I am not so arrogant, could it be that my assets of about 3 billion Hong Kong dollars are grown up as vegetarians!

Most of Lin Zhichao's assets are the foreign exchange earned by Global Shipping and Cheung Kong Industrial Group, which is something to be proud of, otherwise where would Hong Kong have so much money for him to earn.

Of course, Lin Zhichao has always kept his wealth a secret, and no one knows how many assets he has.

is like Lin Zhichao in his previous life, who thought that Li Jiacheng's assets were already more than 150 billion US dollars, but the media only counted more than 30 billion US dollars.

This is because the media only counts the market value of the stock market, and in fact, Li Jiacheng's private wealth is no longer known how much he has saved, and the company's net worth is much higher than the market value.

Liao Baoshan announced such a high-profile family fortune of more than 100 million yuan, in fact, it is easy to understand that he is a bank, and what he needs is popularity and influence, so that depositors can rest assured that they will deposit their money in his bank; At the same time, these Chinese-funded banks have sought to build Liangxia as the headquarters of the bank, which is also conducive to the credibility of the bank.

It's just that Liao Baoshan didn't expect that a crisis was already brewing.

I don't know how many people are jealous of him, he is so high-profile, but he doesn't know that he has no defense at all, as long as others poke lightly, his business empire will collapse.

Because of Liao Chong Hing Bank's 100 million deposits, Liao Baoshan may have used 80 million to invest in the property market and lending. In just two commercial buildings on Des Voeux Road in Central and Kowloon, a lot of money has been invested.

"Boss, the sales of Jinxing Real Estate have improved somewhat, should we put the land on Xiyun Street for sale two buildings; Although it is not in the same area, it is all in Causeway Bay. Hu Zhaoxu suggested.

There are a total of seven commercial and residential buildings in Xiyun Street, Causeway Bay, which were originally the site of the church, with a total area of 150,000 square feet. It's been almost ten years since I held it in my hands, and construction only started in October last year.

Lin Zhichao said: "The sale of one building after another has dragged Jinxing Real Estate for a year, and we now only need normal competition." The seven buildings on Xiyun Street are expected to be sold until the end of the first half of next year. ”

In one year, Jinxing Real Estate's funds were frozen by 40 million Hong Kong dollars, which is already a big loss; Nowadays, if you boil a frog in warm water, you can cut the meat with a blunt knife.

However, last year, Changjiang Real Estate sold more than 1,600 residential units, more than 300 more than Lin expected.

So with less than 1,500 residential units on Xiyun Street, Lin Zhichao hopes to sell them out in a year and a half. After all, during the run-on of Liao Chong Hing Bank, I don't know if it has any impact. If there is an impact, then the sale will be suspended for those months.

As for the site on Ferry Street, the plot ratio is very high, 200,000 square feet can build 3,000 residential units, and at 50,000 Hong Kong dollars per unit, it will be a full sales of 160 million yuan. (PS: Real data, Hong Kong's earliest private housing estate - Man Wah San Tsuen)

Lin Zhichao remembered that in 1962, a 20% reduction in the plot ratio would be promulgated, and it would be officially implemented in 1965; Because of this, Hong Kong real estate developers are desperately building high-rise residential buildings in the past three years, after all, they will have to reduce the floor area by 20% in the future, under the same land situation.

In those three years, a large amount of bank funds were invested in real estate developers, which led to the bank run on the bank in 1965.

Therefore, Lin Zhichao also plans to start construction of the 'Telford Garden' on Ferry Street at the end of this year, and sales can start in the second half of next year and be sold out in two and a half years.

Every step of the way, Lin Zhichao walked quite steadily.

As Cheung Kong's land is very cheap, the floor cost per square foot is about HK$10 cheaper than that of other real estate developers. The residential properties in Hong Kong are 40~55 Hong Kong dollars per square foot, which shows how profitable Cheung Kong is.

"Okay, then I'll sell a building first, and this year's land purchase plan?" Hu Zhaoxu asked.

Last year, Cheung Kong only purchased 130,000 square feet of land, and if you exclude the development land on Xiyun Street and Ferry Street, only less than 1.2 million square feet remain.

Of the 1.2 million square feet, maybe another 100,000 square feet will be developed in 1963~1964, so there will be about 1.1 million square feet left.

"Today, the land has recovered to its peak in 1957, and the residential land in the urban area of Hong Kong and Kowloon has reached more than HK$170 per square foot. However, the funds on the company's account are quite sufficient, and the rent has increased significantly, and about 100,000 square feet of land can be won this year! ”

Hu Zhaoxu immediately said: "Okay, there is a situation to report to you!" ”

Saving 1.2 million square feet is enough.

After all, after 1967, land was very cheap, and it would never exceed HK$100 per square foot (Hong Kong and Kowloon urban areas).

At that time, it is more advantageous to buy the bottom!

At this time, Hong Kong's real estate industry has been limited - the economy is not developed enough, so it is difficult for each square foot of floor area to exceed 70 Hong Kong dollars per square foot (Hong Kong and Kowloon urban areas), and a residential house is only 4~70,000; At the peak of 1964, it was estimated that it was 5~80,000.

So, there's no need to save too much land.

Jinxing Real Estate.

Zhang Yuliang has been in a good mood recently, and the construction project with an investment of 40 million Hong Kong dollars has finally begun to improve sales; At the same time, the unit price per square foot has risen to 50 Hong Kong dollars per square foot, which can be regarded as making up for the loss on the books, but as for the losses outside the books, it is immeasurable.

After all, if the funds had been withdrawn last year, they might have invested in a few new projects.

Moreover, the site on Paterson Street in Causeway Bay can actually be sold for 52~55 Hong Kong dollars per square foot; But because of Changjiang Real Estate last year, the price here did not rise much, and Zhang Yuliang did not dare to gamble.

After all, if you can't sell it again, the loss will be even greater.

"General Manager, Changjiang Real Estate has started again!" I saw my nephew Zhang Shouyi break into Zhang Yuliang's office and said urgently.

Zhang Yuliang was suddenly a little distressed, he provoked Lin Zhichao, the biggest loss was not the loss of this real estate, probably because he introduced his third brother and eldest nephew into the company, and he always felt that he had trouble following up.

"What's the matter, panic?" Zhang Yuliang said unhappily.

Zhang Shouyi was stunned for a moment, then carefully handed the newspaper to Zhang Yuliang and said: "Changjiang Real Estate is on Xiyun Street, and there is another real estate for sale. I think it's all in Causeway Bay, and I'm afraid it will affect us again. And I specially inquired about the Yangtze River Real Estate over there, which has a full seven buildings, which is a building building. ”

Zhang Yuliang was also stunned, and hurriedly looked at the newspaper and found that it was indeed the case.

Suddenly, his face changed unpredictably.

After a long time, he said weakly: "There is a distance between them, and their prices are not cheap, so don't worry!" ”

I can only comfort myself like this!

But in fact, he understands that Changjiang Real Estate has a good reputation, and he is afraid that it will affect their real estate sales;

Of course, it is only an impact, Zhang Yuliang believes that it should be sold out this year.

"Oh, that's good!"

After Zhang Shouyi left, Zhang Yuliang slapped the desk and vented the mania in his heart.

He didn't know when Lin Zhichao would end his blow to the Zhang family, it felt endless!

He also hated the idea that the third brother and eldest nephew were in the way of the company and affected him to embezzle most of the family wealth!

On the weekend, Lin Zhichao's father-in-law Tang Zhongyuan, mother-in-law Song Qiaoling, and brother-in-law Tang Xianqian came to Villa 79 in Deep Water Bay as guests; As for Lin Zhichao and his brother-in-law Tang Youqian, he is still studying in London.

In the living room, the adults sit around and the children play with theirs outside.

Lin Zhichao joked to Tang Xianqian: "My girlfriend will return to Hong Kong this summer, do you plan to get married directly, and then the two of you will go to Africa to work together?" ”

Tang Xianqian is in front of Lin Zhichao, although he is an equal, in fact, he does not have enough respect for his father.

So when he heard the joke, he scratched his head and said, "What does my brother-in-law think?" ”

Lin Zhichao choked for a moment and said, "How can I get involved in this kind of thing!" I don't even know how far you've gotten in London, can I give you advice? ”

He didn't even look at the woman, he only knew that he was also a Hong Kong student in London, and his parents were also a small family, otherwise they wouldn't be able to afford to study abroad.

Tang Xianqian really said: "Before the step of talking about marriage, it is to determine the love relationship." ”

Tang Zhongyuan was stunned for a moment and said, "Didn't you say that you just have a good impression of each other!" ”

Song Qiaoling immediately slapped her husband, meaning what are you doing so much. Tang Zhongyuan suddenly had no temper, he was also very concerned about his son's girlfriend. However, the son seemed to have found a backer, and he didn't tell himself, and he was a little discouraged.

Lin Zhichao said with a smile: "That's naturally a delay of two or three years, your sister and I were much more urgent than you, and it took almost two years." Young people, career is the most important, if she can understand you, you can hold on for two or three years, and everything will fall into place. ”

Tang Xianqian really listened to it immediately, and said: "I think the same way, things in Africa have not stabilized yet, and I don't want to start a family immediately." ”

Tang Zhongyuan and Tang Xianqian took turns to go to Africa to inspect factories and deal with interpersonal relationships; In fact, at present, only 2 textile factories and 1 dyeing factory have been invested, and they are still in the tentative stage.

After all, Nigeria is a 'big country', and I am afraid that it can open more than a dozen textile factories and several dyeing factories to be regarded as the real 'African textile king'.

Tang Zhongyuan talked about business, but also temporarily ignored his son's feelings, and said: "After Nigeria's independence last year, I saw that the situation was also stable in the past six months, and I was thinking about expanding the scale!" ”

Lin Zhichao thought for a while and said: "It's best to expand slowly, this kind of country is prone to coups by the military, I suggest that you have a good relationship with the military, such as letting them provide protection, give benefits or something." In short, now no one is competing with you, you can open 1~2 factories a year, step by step. ”

He will not advise on textile professional matters, but only on the issue of risk control.

Tang Zhongyuan really listened to it, after all, this son-in-law's vision can't be believed.

"That makes sense, it's safer! In the past two years, we have established a good network there, and the military also has connections; Recently, the Nigerian government has been interested in encouraging us to invest more, and they are very welcoming to our factory. ”

Can it be welcomed, billions of pounds of foreign exchange cannot be spent, and the country's industrial base is weak; If there is foreign capital to build factories, not only can cotton be turned into cloth, but also many jobs can be solved.

Then, everyone was talking about careers!

With 6,000 garment workers, Oriental Group is the largest garment factory in Hong Kong, and its products are sold in South Africa, Nigeria, Europe, America and Southeast Asia. In the field of ready-to-wear, it is the second and third combined, with an annual profit of nearly 10 million Hong Kong dollars. The annual profit of the entire Oriental Group has been 1300~15 million Hong Kong dollars, becoming a large industrial group in Hong Kong.

From this point of view, the added value of textiles is the lowest, followed by ready-to-wear, and the added value of plastic flowers is higher; Of course, the added value of plastics, toys, etc., is also not bad.

Generally speaking, the added value of textiles is low, but it cannot withstand the high demand of the global market, so it is the largest industry in Hong Kong. At present, Hong Kong's garment industry has only officially begun to develop, and it is expected to catch up with the textile industry in ten years.

"I heard that the commercial land in Central has risen to 1,300 Hong Kong dollars per square foot!" Tang Zhongyuan asked.

Lin Zhichao nodded and said, "It's not false at all! ”

Tang Zhongyuan smacked his tongue secretly and said: "Such a building is often worth 30 or 40 million Hong Kong dollars, isn't it?" ”

Lin Zhichao said with a smile: "Father-in-law wants to invest in one? ”

A Central building is a burden for a large real estate company. In the case of Liu Po Shan, he invested in two buildings in Central, one is only 10 storeys high, the other is expected to be 24 storeys high, and he has built a building in Kowloon. These properties will occupy about 40 million funds, which is still the land he bought two years ago.

Although Tang Zhongyuan also has strength, it is estimated that the net worth of the entire Oriental Group, plus his cash flow, is only 60 or 70 million Hong Kong dollars.

"Not really, at least not now, I'm more willing to invest in industry now!"

Lin Zhichao said with a smile: "My father-in-law is very sensible, and if you do it in Nigeria, you are the real 'African King', with a bumper harvest of ready-to-wear and textiles." ”

Hearing Lin Zhichao's tone, everyone is not surprised that it was the son-in-law who was helping his father-in-law expand his career. Both families know that Tang Zhongyuan's textile was supported by the Yangtze River zipper at the beginning; Tang Zhongyuan's ready-to-wear is a 'bride price' given by Lin Zhichao's son-in-law, and the cause of Nigeria is also Lin Zhichao's adviser.

These things are tried to be covered up, and it is impossible to cover them up; What's more, in Tang Zhongyuan's own opinion, his son-in-law's business skills and achievements in the industrial field can be his 'master' - the master as a teacher.

"You really have to specialize in these two industries! At the beginning, in the textile field, the Oriental Group was once in the top three, and then it fell behind, almost fifth, and I have been reviewing myself. In contrast, Bingyuan's cousin's textile business, taking the lead, is now the second and third combined, it is estimated that the amount of assets are forty or fifty million, listen to his meaning, in recent years, he plans to go public. ”

Lin Zhichao said with a smile: "In recent years, it is not cost-effective to go public!" Of course, my father-in-law should not talk nonsense, this is my family's words, if he is wrong, it will not offend my cousin. ”

Tang Zhongyuan nodded, and couldn't help but extinguish the idea of following the competition in his heart, and said, "This is nature!" ”

If Tang Bingyuan was listed before 1964, the funds could be used to purchase equipment and machinery and upgrade them, and how much development would he have.

If his father-in-law had listened to him, he would have followed the path of Nan Fung Group's 'Chen Tinghua' and Huaxia Dyeing Factory' and become the most successful businessman in the textile industry.

In other words, he would encourage Tang Chung-yuen to acquire the 'Type B Certificate of Land Exchange' in the New Territories in 1967 and slowly enter the real estate industry. In 1972, it went public to raise funds.

At least, Tang Zhongyuan's family will not lose to the Chen Tinghua family in the previous life in the future, or even more than double it.

After all, just marrying Xu Caiying to him back then was already a kind of kindness; After all, the daughter of the Tang family, who was born in a famous family, how could she be a concubine, even if it was a bungalow.

But nowadays, it seems that few people gossip about it anymore.

With the increase in Lin Zhichao's status, everyone also felt that Tang Zhongyuan had chosen the right one.

Month.

Lin Zhichao came to the office of the general manager of HSBC, Sandas, who was only the actual head of HSBC, but there was also an HSBC chairman above; Of course, the general manager of HSBC is the next chairman of the board.

Sundash is expected to take another two or three years to become the leader of HSBC, but it is enough for Lin Zhichao to use. As early as Sundash, who was only the deputy manager of the import and export department, he was already considered a senior manager in HSBC, after all, he was already scheduled to be the manager of the project department at that time.

As far as the situation at that time was concerned, the import and export department was more important than the project department, because it was affected by the peninsula campaign; Now, HSBC has long divided the import and export department into an 'import department' and an 'export department'.

After taking a sip of tea, Lin Zhichao crossed Erlang's legs, leaned on the sofa, and said easily: "Huanyu Shipping wants to order two oil tankers this year, and Japan says that it can build 130,000 tons of oil tankers, 11 million US dollars each." ”

Huanyu Shipping already owns 4 56,000-ton oil tankers and 6 103,000-ton oil tankers (two of which are under construction), and the debt is 12 million US dollars (including the final payment for shipbuilding), but the interest is only 6%.

In other words, HSBC is willing to provide ultra-low interest rates of 6% for Universal Shipping and Hong Kong Airlines, which is relatively good. After all, the interest rate on bank deposits is much higher than this.

"In terms of loans, there is no problem with the low interest rate of 6%. ”

Then, he changed his tone and said: "Global Shipping can repay all the loans this year." And next year's profit is likely to reach more than $13 million, so I'm thinking, why not order four tankers? ”

Along the way, he has seen Lin Zhichao's super vision, not only to analyze the shipping situation, but also to seize shipping opportunities; At the same time, Lin Zhichao is also good at building good relations with governments in various countries.

With such good conditions, if HSBC invests in shipping, it will naturally find Lin Zhichao to deepen cooperation.

After thinking for a while, Lin Zhichao said: "This year's shipbuilding is quite cheap, and I am afraid that the price will have to rise next year, of course, I believe that shipping will also come out of the trough, and the new oil tanker market can reach a 20% rate of return." Therefore, it doesn't hurt if Huanyu's debt is a little higher, so it will build four ships, but two ships of 100,000 tons and two ships of 130,000 tons will be needed, so the configuration is more reasonable. ”

The rate of return of 20% is to return to a new ship in five years; Of course, there is a premise, that is, there is no accident, the accident of the oil tanker is okay, the Japanese shipyard will pay full responsibility, if the senior seafarer does not operate properly, then only hope that the insurance compensation is enough.

Global Shipping also had an accident, it was a second-hand freighter stranded, not only to compensate the owner of the money, but also to lose a second-hand freighter, but the luck is good, the insurance funds are enough to compensate the owner of the money, even the second-hand freighter, can also compensate a part.

Overall, the management of global shipping is very good, and there are few losses.

Sandas smiled and said, "You are professional in these, we don't interfere!" ”

Today's Huanyu Shipping has four oil tankers of 56,000 tons and six hands of 103,000 tons, with a total tonnage of less than 850,000 tons. If four more ships are built, it will only be more than 1.3 million tons.

To make a fortune with HSBC, the first is to strengthen ties with British capital, after all, British allies are still needed; The second is to strengthen cooperation with HSBC, which is conducive to making HSBC useful to him in the future; The third is that this can reduce HSBC's investment in other shipping companies, and avoid HSBC from supporting new ship kings.

After all, if HSBC is optimistic about shipping, and Lin Zhichao is unwilling to take them to make a fortune, they can immediately increase their support for Bao Yugang, or support other shipowners.

According to Lin Zhichao's plan, by 1967, the tonnage of global shipping will be increased to 3 million tons.

For global shipping, 8 million tons are needed; Asian shipping, to 1 million tons.

After a brief communication, Lin Zhichao left Sandas's office. Today, he has a very close relationship with Sandas, and gold is given to him every year. After all, Sandas also needs to make money.

(End of chapter)