Recently, the lawsuit of Zhang Zhushan's family has caused a stir in Hong Kong, and the media has tracked and reported on this family lawsuit, which has staged a 'rich family grievance' in Hong Kong.

It turned out that since the death of Mrs. Zhang, this traditional 'cohabitation and common wealth' family immediately fell apart.

The two sides of this 'wealthy grievance' are Zhang Yuliang and his second sister-in-law Cui Xiuying, at first, after the death of Mrs. Zhang, Zhang Yuliang drove the Zhang family out of the ancestral house on the grounds that the ancestral house needs to be developed. The consequence of this may be that it symbolizes that there is no evidence and legal effect of 'cohabitation and common wealth', and Zhang Yuliang can obtain the family's wealth alone.

Because Cui Xiuying was unwilling to relocate, Zhang Yuliang used bad methods such as 'cutting off water and electricity' to force Cui Xiuying; in the end, although it succeeded, Zhang Yuliang's third brother Zhang Yulin was stimulated and died of a heart attack.

In the end, although Cui Xiuying was mediated by the court and obtained a 1,500-square-foot residential unit, she did not receive 'compensation' from Zhang Xingyetang.

Cui Xiuying was not reconciled and continued to resort to the court on the distribution of family property, hoping to seek a fair explanation.

Zhang Yuliang made the first move, entrusted a Hong Kong barrister firm, and hired more than 10 royal barristers; This is because, according to the regulations, if a law firm accepts the entrustment of one party to the litigation, it is not allowed to accept the entrustment of the other party.

Fortunately, Cui Xiuying's son-in-law Luo Cheng owns a law firm, and he was born in the barrister family of Luo Wenjin (father) in Hong Kong, and his mother is the eldest daughter of He Dong. His son-in-law stepped forward to clear the three barristers, Lie Hsien Lun, Umas and McDonald.

The trial of the two sides began in mid-April.

The presiding judge was the notorious Bai Jia in later generations, that is, the judge who acquitted Chen Qingsong, and also paid 36 million Hong Kong dollars to the two defendants; And this judge was still a well-known British justice at this time.

Public opinion outside generally believes that Cui Xiuying has the highest call to win this lawsuit, and people in the legal profession also believe that winning the lawsuit is a foregone conclusion.

However, I didn't expect it.

On the day of the trial, presiding judge Paga also overturned all of the plaintiff's applications on the grounds of confusion and intricacies.

Cui Xiuying lost the lawsuit, and she also had to bear the high legal costs of 8 million Hong Kong dollars.

Afterwards.

On Zhang Yuliang's 'Golden Branches and Jade Leaves' luxury yacht, he invited all the hired barristers to a banquet to congratulate.

"Mr. Zhang, there is another reason why you won the lawsuit this time, that is, your third sister-in-law Tan Ailian did not join your second sister-in-law's camp. So, if you want to be troubleless, you have to find a way to deal with it. Barrister Robert said.

Zhang Yuliang had four brothers, the eldest Zhang Yujie died in 1959, and his children had already emigrated and were not involved in the incident; The second eldest Zhang Yuqi died the earliest, accidentally falling into the sea and dying in 1952, before his death was a government official, and Cui Xiuying was his wife.

The third Zhang Yulin died in 1979, he was the spokesman of the Zhang family before his death, he liked public relations and participated in some organizations, such as being the president of the Wuyi Chamber of Commerce, the prime minister of Po Leung Kuk, etc., his wife Tan Ailian's maiden family background is profound, and even Mrs. Zhang does not dare to offend too much, and she is a special person of the Zhang family.

Zhang Yuliang said: "I know, I have given her tens of millions in private, and she has agreed not to get involved in this matter. Moreover, my third sister-in-law does not like these troubles either. ”

Robert smiled: "Haha, so Mr. Zhang's matter has been taken care of." ”

The lawyers laughed, they are lawyers, not philanthropists, so the most important thing is to win the lawsuit.

And the reason why Zhang Yuliang was able to win the lawsuit was that the law only looked at the evidence, not anything that had no legal basis such as 'living together and sharing wealth', not to mention that in the end, it was not cohabitation and common wealth, and the ancestral house had been demolished.

At the same time, Zhang Yuliang has squeezed out his eldest nephew since the early 60s, and the third brother is not as obsessed with business, he is the dominant family, and he has already tightly grasped Zhang's wealth.

At present, Zhang Yuliang's wealth is about 30% of Wheelock's equity (about 1 billion Hong Kong dollars), plus the wealth of his personal business, it is almost more than 1 billion.

In fact, the value has shrunk a lot!

In his previous life, in the 80s, Li Jiacheng did not dare to say that he was the richest in Hong Kong, and several of them were richer than him, and I am afraid that Zhang Yuliang was among them; Although it is an exaggeration, Zhang Yuliang should have a net worth of about 10 billion in the mid-to-late eighties of his previous life.

Zhang Yuliang and a group of barristers drank top wine, and he was very proud.

After so many years of hard work, the wealth finally belonged to him.

Sometimes he thinks when he is alone, it was really his biggest mistake to offend Lin Zhichao back then, otherwise his wealth might be increased by a few percent.

Here, Lin Zhichao came to Little Madden's office.

Although he is a little Ma Deng, he is ten years older than Lin Zhichao. It's just because Lin Zhichao once had an intersection with Old Ma Deng, so he has always called his son Little Ma Deng in his heart.

"Mr. Madden, we at Cheung Kong Group are interested in selling half of the shares of Wheelock House and Madden Building, so we are here to discuss with you." Lin Zhichao said.

Wheelock Building, located on Pedder Street (in the heart of Central), is being redeveloped, with 24 floors, a floor area of more than 320,000 square feet, and a value of more than 1.5 billion; Madden Building (renamed unknown in previous life), a medium-sized Central building with a value of around 800 million.

The redevelopment of the two towers, construction costs and other expenses, totalling HK$650 million, were fully paid by Cheung Kong Group, which then owned 50% of the two buildings.

Of course, at the beginning of 1980, Hong Kong's buildings were not so expensive, during which Chen Qingsong's speculation of the 'Golden Gate Building' had a driving effect, and the price rose sharply in the past two years.

Xiao Ma Deng was stunned for a moment, and said randomly: "With such a high-quality property, your company is willing to sell it?" ”

Lin Zhichao said: "It is precisely because of the high quality and the fact that the price of the two buildings can be bought very high now, so Cheung Kong Group wants to return the funds. ”

Little Madden immediately asked, "How much does Mr. Lin think he can value?" ”

Lin Zhichao said: "2.3 billion is no problem at all! Now the rent per square foot in Central has been as high as 28~30 Hong Kong dollars, and after the completion of Wheelock Building, the annual rent can be 110 million."

At present, with the power of property speculation, the property price can no longer be calculated according to the ten-year rent, but about 15 times. That is, correspondingly, the theoretical rate of return is only about 7%. Of course, buyers also have to have confidence in the future, believing that if the rent and property appreciate, then the rate of return will be higher.

Little Madden was immediately greedy, but then he said: "Mr. Lin, I understand your thoughts, but after all, we also have half ownership of these two buildings, so I want to have a good partner." That way, you can put out the news, but if the person I introduced buys at a valuation of 2.3 billion, the deal will be considered a success. ”

Lin Zhichao said: "Of course there is no problem with this! ”

He had already vaguely thought that Xiao Ma Deng would not introduce Zhang Yuliang to buy, after all, the two were partners.

Following.

Marden approached Cheung and offered to buy the other half of the shares in Wheelock House and Madden House.

Zhang Yuliang said in surprise: "So expensive? ”

Little Madden immediately said, "How can it be expensive? Last year, the price of Golden Gate Building was as high as 1.6 billion, and although the floor area was less than 100,000 square feet, Wheelock won better in the location; In addition, the building has appreciated a lot in the past year, and there is absolutely no problem with the valuation of Wheelock Building at 1.5 billion and the valuation of Madden Building at 800 million. If it weren't for my face, Cheung Kong Group might not be willing to sell! ”

Zhang Yuliang suddenly thought about it, he definitely couldn't get a cash flow of 1.15 billion, but he could take out a bank loan or pay in installments. The question now is, are these two buildings worth it?

The geographical location of Wheelock House and Madden Building is not to be said, in the heart of Central; On the contrary, last year's Golden Gate Building, which was in the Admiralty area, was less valuable.

"Why did Cheung Kong Group sell such a high-quality building?"

"Because there's money to be made! The construction cost and other expenses of these two buildings totaled about 650 million Hong Kong dollars, and they earned 500 million Hong Kong dollars in more than three years, so why not. As for long-term rent, they may think that the cycle is long, but you are different, haven't you always wanted to have a decent top-notch building in Central? ”

Zhang Yuliang missed the 'International Building' in Des Voeux Road (lost to Lin Zhichao at the auction), and has always been a little angry, after all, this building is now worth more than one billion!

"I'll think about it again! With such a big deal, I couldn't make a decision for a while. ”

"Okay, I'll wait for your news. Cheung Kong Group has also released news, I'm afraid there are other competitors, but I hope to continue to cooperate with you. ”

Ma Deng likes Zhang Yuliang's low-key personality, if Zhang Yuliang's private company buys these two buildings, outsiders will only think that it is Wheelock Group, it is the Ma Deng family. And Zhang Yuliang only wants profits, not fame, and the two just complement each other.

A week later.

Cheung Kong Group is preparing to sell 50% of the shares of Wheelock House and Madden Building, as well as Mong Kok Centre, the development right above the Mong Kok MTR station.

Among them, the Yongan Guo family, the Li Fuzhao family, as well as Southeast Asian capital, Australian capital, American capital, etc., have expressed interest.

Among them, the question that the Yongan Guo family is most concerned about is whether the Madden Building can be renamed 'Yongan Building' as the headquarters building. Of course, if Wheelock House is interested in selling it all, Wing On is willing to take it for HK$1.7 billion.

After learning about the intentions of the Yongan Guo family, Lin Zhichao couldn't help laughing, why was Yongan sniped by Zheng Jiachun in his previous life, to put it bluntly, he spent a lot of money at this time to buy a large number of high-quality properties (first-class Central buildings such as the Federal and International Buildings in his previous life); At this time, it is expensive to buy, not only is it equivalent to five or six years to rise back, but more importantly, it has missed the opportunity for development in recent years.

However, compared with the Yongan Guo family, Lin Zhichao hopes that Zhang Yuliang's family will buy half of the shares of Wheelock and Madden Building, which can not only satisfy Little Madden, but also make Zhang Yuliang calm and calm.

Of course, this is not a tidying up, after all, buying expensive and buying cheap, everything is voluntary.

I can't see the form clearly, and I can't blame others.

"Father, Jinxing Land has expressed its willingness to negotiate with Defeng and Madden Building!" Lin Ruihuan walked in and said.

Lin Zhichao raised his head and said, "Then you can ask them to come to the door to negotiate, there is no room for negotiation on the price, I believe that Xiao Ma Deng can be notified." I believe that the negotiation is the payment method, which must also be in accordance with our minimum requirements, the installment cannot exceed one year, and the down payment cannot be less than 35%. ”

Lin Ruihuan, who is 32 years old in Chinese New Year's Eve, has taken over the work of Huang Changhong, and is in charge of the overall work of Changshi Group, reporting directly to Lin Zhichao. As for Huang Changhong, he now only holds the position of director of Cheung Kong Group, which is considered semi-retirement.

The second-generation management of Cheung Kong Group is currently in place Lin Ruihuan, Mairis, and Zhou Huai'an, and Huo Jianning has just been promoted to director of the accounting department, and there is still a distance from the high-level.

Among the first generation of management, Zhou Fuzhao, Hu Zhaoxu, Liang Guanchang (commercial real estate), etc., can still last for 5~10 years. After all, in this kind of enterprise, it is possible to work up to the age of 70.

"Is the good father worried about the decline in real estate and the other party is unable to pay the follow-up expenses?" Lin Ruihuan asked.

Recently, the company's senior management can always find a problem from the chairman - that is, risk control. According to past experience, then there is a crisis coming.

"Well, prevention is always good. As long as the down payment is 35%, we will not lose in any way. ”

"Okay"

Generally speaking, the cost of such a breach of contract is very large. Especially in Hong Kong, a society governed by the rule of law, the cost of breach of contract is not only the confiscation of the 'deposit', but also the compensation for losses and the repossession of the property.

In May, the 'Tsim Sha Tsui Centre' and 'Hilton Hotel' invested by Cheung Kong Group in Tsim Sha Tsui East opened one after another, adding another important part of the Group's commercial real estate.

At present, a five-star hotel in Hong Kong has a profit of more than 50 million Hong Kong dollars; A large office building in Central (more than 300,000 square feet of floor space) with an annual income of 100 million yuan is not a big problem.

Although Tsim Sha Tsui is not in Central, Tsim Sha Tsui is a tourist area in Hong Kong, and with the number of tourists coming to Hong Kong exceeding 8 million, the commercial land and buildings in Tsim Sha Tsui may not necessarily lose to Central, at least comparable to Admiralty.

On the opening day of the Hilton Hotel, many business people also came to congratulate.

Lin Zhichao attended the reception and entertained a group of guests.

Just as he was talking and laughing with his friends and guests, Chen Qingsong took the initiative to come to Lin Zhichao's side and said, "Congratulations to Lin Sheng, add another pair of tiger wings." ”

The two have met, but they don't have much contact.

Lin Zhichao also said politely: "The future is terrifying, Chen Sheng has been in the business world recently, I heard that you and Zhong Sheng have joined forces to invest 100 million US dollars in Oakland City." ”

Chen Qingsong was overjoyed in his heart, but he didn't expect the advertisement to really reach the ears of the big guy, it seems that his approach is very effective.

"Lin Sheng has won the award, and he is still far from you, after all, you bought nine commercial buildings in Manhattan in one go."

"It's also very good that you can develop so well in a short period of time."

After some politeness, Chen Qingsong said: "Lin Sheng has a five-star hotel in Tsim Sha Tsui East and Tsim Sha Tsui, especially the Miramar Hotel on Nathan Road, with thousands of rooms, it seems that you are very optimistic about the prospects of Hong Kong's hotel industry." ”

Originally, it was just a casual conversation, but Chen Qingsong also wanted to get close to Lin Zhichao, and then strive to cooperate, so that it would be more famous and influential.

Lin Zhichao said: "I plan to sell the land of the Miramar Hotel and Shopping Center. So a new Miramar Hotel was built next to it to prevent the Miramar Hotel from opening. So, 1,100 rooms is only a short time. ”

Chen Qingsong's eyes lit up, he didn't expect to come up cheekily and hear such good news.

"Lin Sheng, how big is the land of the Miramar Hotel and Shopping Mall, and you really want to sell it?"

"88,000 square feet seems to be, but if it is rebuilt, it can increase the floor area by more than 300,000 square feet to 1 million square feet. Of course, if you want to sell, if you are interested, you can come to our company for consultation later. ”

"Okay, thank you Lin Sheng for informing me."

"What's this, we're just about to release the news!"

Of course, Lin Zhichao didn't really want to sell to Chen Qingsong, unless Chen Qingsong had strong allies and no less than one-third of the tart fee (deposit).

In fact, Lin Zhichao does not necessarily have to be sold. It is best to sell, and if it cannot be sold, it will remain in the late eighties to rebuild the model of shopping malls + office buildings.

As for the Miramar Hotel, it has been rebuilt on the site of the Lok Fu Building opposite and has been put into use.

The opening of the Hilton Hotel on the same day was a great success, attracting celebrities from home and abroad. The Hilton Hotel (Tsim Sha Tsui East) and Tsim Sha Tsui Centre, both located at the entrance to Salisbury Road on the west side of Tsim Sha Sha Tsui East, offer superb sea views. (End of chapter)