More than a week passed.

Sure enough, Khalimin Auction House held a land auction of 'Liao Chong Hing Bank', and major real estate developers in Hong Kong participated in it in an attempt to pick up the leaks.

In fact, although Hong Kong's real estate and stock market have some impact at this time, it is only a superficial phenomenon; If there is a cheap property available, you will not miss it.

At the auction, Liao Baoshan was not qualified to sit on the auction seat, and even Liao Liewen and other descendants did not have the right to sit on the auction seat; Otherwise, not only will it not be able to be monitored, but it may also lead to participants deliberately not shouting.

"The rumors are so terrible, it's really chilling!" Airship Tai stood in front of Lin Zhichao and said with deep sympathy.

At that time, he also suffered from rumors and was tortured for half a year. Although we know that the rumors are false, the rumors are more and more outrageous, and in the end, it is easy to affect people's thoughts, live a frightened life, and affect business.

Lin Zhichao said seriously: "Liao Sheng's events today are not all affected by rumors. 100 million deposits, 8,000 loans, this banking model is not advisable, as far as I know, Western banks generally control the deposit-to-loan ratio of more than 40%. Even if he escapes today, he may not be able to escape in the future. ”

Li Gaofu immediately said: "The Chinese-funded banks in Hong Kong are probably like Liao Chong Hing Bank, right? ”

Lin Zhichao shook his head and didn't say anything!

To be honest, he personally hopes that Chinese-funded banks such as Hang Seng Bank will not be acquired by foreign capital. However, without the injection of foreign capital into Chinese-funded family-run banks, these banks not only failed to develop, but on the contrary, they intensified their messing around.

For them, the lesson of Liao Chong Hing Bank is just 'something that did not happen to them', nothing more. People don't learn even the slightest lesson, and in the next few years, they lent to the real estate industry like crazy, which eventually led to the bank run in 1965, which affected many banks instead of one.

Logically speaking, the bank run in 1965 had a great impact and deep harm, and should teach Chinese banks a lesson. But on the contrary, the surviving banks quickly forgot about the run, and continued to lend their deposits to themselves, their families, and friends, and finally the bank run in the 80s, completely wiped out these Chinese-funded banks.

The law of shopping malls - survival of the fittest, how can Lin Zhichao interfere!

When Chinese people do business, what they lack most is to abide by the rules, keep their reputation, and like to take risks and make a single bet.

Of course, it is undeniable that the next overseas Chinese (including Hong Kong) will have the reputation of 'Oriental Jewish' and will control most of the wealth in Hong Kong, Sing Tao, Thailand, Malaysia, Indonesia and other places.

The auction began soon.

Today, there are a total of 12 sites/land auctions, and after the entire auction, each piece of land has reached a price of 70%, because Lin Zhichao participated in the top price.

This price is acceptable to the real estate developer, and the owner should be able to accept it.

Cheung Kong also purchased the original site of the Nathan Cinema in Mong Kok, Kowloon, with the original plan to build a 30-storey building to serve as the Mong Kok branch of Liu Chong Hing Bank.

It is valuable because it can be built with 30 floors high, which is a commercial and residential building, with a certain commercial area, and the lower eight floors can be used as commercial properties.

After this battle, Liao Baoshan's real estate strength was greatly damaged, and the property that was originally worth 50 million could even earn tens of millions, and the value was actually far more than 50 million; But now, only 35 million have been auctioned, and the invisible loss may reach more than 50 million (at the sale price in a year).

The Liao Po Shan family also has a 'head office building' in Des Voeux Road 133~134, which is the original site of the original Huaxia Domestic Products Company, and plans to build a 24-storey building.

Now it's barely kept!

Next, I hope Liao Baoshan's life will be saved!

Following.

On Saturday, July 14th, it is advisable to open.

The Global Tower at 77 Des Voeux Road Central officially opened today.

It is a 22-storey steel-beamed steel structure with a glass curtain wall and a first-class Grade A office building, with a panoramic view of Victoria Harbour and Kowloon from the waterfront side.

On the opening day, Lin Zhichao invited some friends from the business community to participate, but did not invite Liao Baoshan because he was worried that he would be stimulated again.

After the celebration, Lin Zhichao went to the global shipping office on the top floor.

"Husband, the scenery here is so beautiful!" Xu Caiying also came to his office to join in the fun, and said excitedly in front of the glass curtain wall.

Lin Zhichao looked at the back of the beauty, and then looked at the scenery outside the window, and suddenly became interested.

"Ahh Husband, what are you doing! How bad it is to be seen! ”

Xu Caiying felt embraced by Lin Zhichao from behind, with a strong chest and a manly atmosphere.

Lin Zhichao turned Xu Caiying over, a French style.

After a while, Lin Zhichao stopped.

At this time, Xu Caiying was already out of breath and her eyes were foggy.

Afterwards, Lin Zhichao sat on his leather seat and watched with interest Xu Caiying sorting out his clothes.

Xu Caiying is wearing a Western-style dress and stepping on high heels; In this era, women almost always wore cheongsam-style clothing to outline the curves of Miaoling, the slit on the side of the thigh perfectly showed off the beautiful legs, high heels on the feet, and delicate watches on the hands.

Cheongsam-style clothing is not necessarily a formal cheongsam, but a variety of improvements; If the family is poor, the material used may be plaid cloth, and if the family conditions are good, the imported material will be used, which can be seen at a glance.

And Lin Zhichao's two wives, Tang Caiyun prefers to wear Chinese style and occasionally wears Western style, while Xu Caiying likes to wear Western clothes to look more beautiful. The reason why Tang Caiyun likes to wear Chinese style is because she wants to do things that are in line with 'Mrs. Lin', Xu Caiying is not so scruples, with Lin Zhichao's permission, she likes to dress Western.

Of course, in Lin Zhichao's eyes, both Chinese and Western styles can reflect the beauty of women, and the key lies in people's own conditions.

"Husband, did you want to mess around just now?" Xu Caiying came to Lin Zhichao and said in a coquettish voice.

"How can you say it's messy, you and I are my wife, get a little closer, what's the point!" Lin Zhichao stretched out his hand to Xu Caiying's long legs, feeling the smoothness and delicacy on it.

"Don't! How bad it is to be seen, you will be embarrassed as the chairman and general manager at that time! Xu Caiying said no, but the jade legs were perfectly displayed to Lin Zhichao, leaning on the desk.

Lin Zhichao is also in moderation, after all, it is unrealistic to really fight in the office.

"You recently studied the feasibility of ordinary seafarers joining the pension system!" He talked about business.

Under the training of Lin Zhichao, Xu Caiying also gradually adapted to the work of global shipping - the chairman of the remuneration committee, which is considered an idle position; After all, these women have to take care of the children in the house.

Xu Caiying immediately straightened up and said seriously: "The loss of ordinary seafarers is serious, and it is generally not needed for the time being after the three-year period expires, either the money is spent and they continue to apply, or they will apply again after getting married and having children." One of the biggest reasons is that although they have a month's holiday every year, it is difficult to go back to Hong Kong, the air tickets are too expensive, and the ships are too slow. ”

Of course Lin Zhichao knows these questions, but what can be done in this era, but now the air tickets are slightly cheaper, after all, jet planes have joined the routes, and the number of passengers has been expanded several times, and the time has been reduced by half.

Lin Zhichao said: "You can consider outstanding seafarers after the expiration of three years and give them more generous treatment, such as 35 days of vacation every year, underwriting a round-trip air ticket." In short, the company's welfare should be gradually improved. ”

Xu Caiying nodded, she admired her husband's ability to make money, and she could give employees good benefits to the greatest extent.

Indeed, Lin Zhichao has been optimizing the welfare of his seafarers, and the current senior seafarers have long been stabilized, with a zero turnover rate. The quality of ordinary seafarers must also be taken seriously.

After all, the salary of seafarers in Global Shipping has reached 300 Hong Kong dollars per month, while the skilled workers in Hong Kong are only 150, which is a full difference.

Theoretically, as long as the seafarer can take 35 days off a year and mix with his wife for a month, he can go out and earn money. As for whether his wife can restrain herself, it is not something that Lin Zhichao can intervene in.

More than a week later.

Lin Zhichao suddenly heard a news, and Liao Baoshan still tore it up.

According to Liao Liewen on the phone, his father was still very depressed after the land auction, and he couldn't sleep at night, which eventually led to a sudden attack on his heart and a burst of cerebral blood vessels and his death.

said it very tactfully, but Lin Zhichao knew that Liao Baoshan took money too seriously, probably because the more she thought about it, the more angry she became, the more she thought about it, the more grief-stricken she became, and in a high-intensity state for more than 30 days, she eventually died.

This hurdle, even if there is Lin Zhichao's enlightenment, but how can people's personalities be influenced by others.

Ay!

Lin Zhichao hung up the phone sadly, feeling depressed about the loss of a friend.

It wouldn't have been!

Liao Baoshan's property value has reached at least 150 million, of which more than 100 million belong to his personal assets. If the mentality is better, the losses before 1965 can definitely be made up, and they can increase a lot.

The only loss is that the credibility of Liao Chong Hing Bank has plummeted, and the deposits can only be maintained at tens of millions.

But so what, Liao Baoshan's family has grown up, and in the future, none of the five real estate tigers is his opponent.

After all, at this time, Guo Desheng, Lee Shau-kee, and Chen Zengxi had only entered the real estate industry for two or three years, Zheng Yutong and Hu Yingxiang had not yet entered the real estate industry, and Li Jiacheng had been completely 'wasted'.

"A person's character really determines a person's success or failure!"

In the end, Lin Zhichao shook his head and said.

People have to live a long time!

If you don't live long, everything will be over!

At most, the second generation can only keep wealth, and few can surpass the first generation.

For example, the first generation of Xu Aizhou, Liao Baoshan, He Dong and other families, the value of the wealth they created in this era is far higher than that of future generations.

Xu Aizhou's wealth in this era is at least 200 million, and according to the appreciation of a house from 40,000 Hong Kong dollars to 40 million, the 40 billion assets of the Xu Shixun family in later generations are not up to standard. Not to mention, to grow and grow.

Liao Baoshan has 100 million assets in this era, and the later Liao Baoshan family is a billionaire, which is naturally unqualified.

In fact, none of the family's assets exceed the assets of real estate appreciation, indicating that 'it is better to do more than not to do nothing'.

This is also the reason why Lin Zhichao is keen to invest in commercial projects, at least with these commercial buildings in his hands, the family wealth can increase geometrically.

A few days later.

Liao Baoshan went to the funeral, Lin Zhichao sent a wreath, and also came to the funeral to see him off for the last time.

"Uncle Lin!" Liao Liewen took his younger brother and entertained Lin Zhichao.

In fact, Liao Liewen is only two years younger than Lin Zhichao, but Liao Baoshan asked him to call Lin Zhichao uncle.

Lin Zhichao patted Liao Liewen on the shoulder and said, "Brother Liao is very capable and capable!" You have to learn from him, work with perseverance, first stabilize the rear, and then slowly figure it out, don't let Brother Liao's career stagnate, I believe this is not what he wants to see. ”

Liao Liewen nodded seriously and said, "It's Uncle Xie Lin's help!" This way, please! ”

The Liao clan looked at Lin Zhichao respectfully, and they all knew that the Liao clan was able to keep most of its assets, thanks to Lin Zhichao's guidance and a loan of 10 million.

This fund is very valuable, and it can at least allow Liao's to keep two or three real estate projects.

What's more, Liao Baoshan also mentioned many times at the auction that if it weren't for Lin Zhichao, sixty percent of them might be auctioned off.

Sitting in the guest seat, he nodded with his friends, and then sat down to see Liao Baoshan off for the last time.

A generation of business heroes dissipated like this!

In the mid-fifties, there was one less person in the real estate industry, and it was really a rolling history, and it was impossible to help it.

If these people are still there, how can there be a day when the five tigers of the estate in the future generations will come out?

Li Kangjie, the 'king of North Point', was so powerful back then, there was no opponent in that place in North Point, Lin Zhichao was unwilling to provoke, although he could defeat, but it was not good for himself, so why fight that kind of battle. As a result, a wave of plummeting, the law firm stopped paying, and the North Point Land King became history, and there have been real estate developments in recent years, but it is just a small fight, and it has long been out of fashion.

Although Chen Detai survived the 'bankruptcy crisis', his personality has changed, and he has lacked the courage to develop large-scale projects independently. In the end, he became an outcast, was abandoned by British capital, and did not become a big climate in real estate.

Liao Baoshan, if he doesn't die, he must be the boss of the five tigers in real estate. It's a pity that he just can't understand this, so now that his son takes over, he will become cautious, although he continues to develop real estate, but it is no longer enough.

Airship Tai, although the development of real estate has been smooth in recent years, due to the fact that Lin Zhichao has robbed a lot of opportunities, it can only be regarded as decent, and the assets are tens of millions of Hong Kong dollars, which has not yet touched the threshold of 100 million yuan. And in the 60s, because of contact with the other side and sympathy, he will be targeted by the Hong Kong government.

Li Gaofu is now blindly seeking stability, and the development of residential properties is actually 50% for rent and 50% for sale, plus the development of two commercial buildings, the development has also slowed down. After all, if it is not for the abundant funds, the goods are like rotation.

Zhang Yuliang, who was suppressed by Lin Zhichao, has long had no stamina, and his development potential is far inferior to that of his previous life.

The top ten real estate developers who were active at the beginning are no longer 'dominant', but more and more real estate developers have joined, showing a state of blooming.

Even Changjiang Real Estate, in the eyes of outsiders, the number of real estate projects developed every year has decreased a lot, and it seems that it is not as domineering as before.

The 'Liao Chong Hing Bank' run incident only temporarily affected the real estate and stock market, and soon everything returned to normal, and Hong Kong real estate continued to usher in prosperity.

The Hong Kong government is sharpening its knives and preparing to take out more official land auctions and continue to pile up the highland city.

The biggest increase, of course, is still the commercial land in Central, that is, the land in Tsim Sha Tsui, Wan Chai, Causeway Bay and other areas, all of which have begun to rise sharply.

The commercial land in Central is already 1,300 Hong Kong dollars per square foot, the land in the Tsim Sha Tsui business district is also 600~800 Hong Kong dollars per square foot, and some commercial land in Causeway Bay is as high as 4,500 Hong Kong dollars per square foot.

Cheung Kong in the office.

Lin Zhichao flipped through the financial statements and soon knew what to expect.

This year, Cheung Kong can make a profit of 70 million Hong Kong dollars, which can be called a giant real estate company, of which 35 million comes from development real estate, 25 million from commercial real estate (including hotels), and 10 million from the stock market.

If the expenditure on the purchase of land is controlled at about 100,000 square feet, then the expenditure fund is 20 million.

It is estimated that the cash flow on the account at the end of the year will be about 100 million.

And every year after the profit, the profit will be around 70 million, and I am very happy to think about it.

But it's also very troublesome, Hong Kong's annual official land auction is only 150 million ~ 200 million yuan, he has so much money, but there is no way to invest.

Therefore, Lin Zhichao hopes that there is a good Central Building for investment.

After all, investing in a large Central Building now requires about 50 million yuan, which is the best way to consume funds.

(End of chapter)