Chapter 109 [Dips Opportunity]

Author: Ren Zhufei

Chapter 109 [Dips Opportunity]

Mid-October.

Recently, Hong Kong has become a frightened bird because JF and New China have been established on the opposite side.

The Hong Kong government and wealthy people were all anxious, and the Governor of Hong Kong even sent multiple telegrams to London for help.

The combat effectiveness of that mighty army is unparalleled, and Hong Kong only has an army of more than 10,000, so it is no match for it.

Tsuen Wan, Cheung Kong Holdings.

"Boss, Manager Liu from Degu Factory wants to see you."

"Okay, invite him in."

After a while, a Chinese manager Liu Jiang walked in. He was a representative of the foreign-funded Degu Company. This Degu factory was the former site of a factory next to Cheung Kong Industries. It had not resumed production after World War II.

Lin Zhichao has always been keen on their land, but the price offered by Degu Company has been getting higher and higher, so it has never been realized.

As the saying goes, "Feng Shui turns around", Liu Jiang represented Degu Company some time ago, seeking a land deal, and the asking price was only HK$5 per square foot. Lin Zhishenshan would not be fooled. The situation at that time was that the Yangcheng JF was about to come, and Degu Company thought that it would be cashed out in advance.

I left, so I feel that 1.5 Hong Kong dollars per square foot is a good price.

As everyone knows, Lin Zhichao calculated that land prices in Hong Kong would fall by 60-70%, so he offered a price of HK$3 per square foot. The former site of the Tak Kook Factory was a full 150,000 square feet. If it were acquired, Cheung Kong Holdings' land in Tsuen Wan would have reached more than 390,000 square feet.

Square feet.

There is only about 60,000 square feet of land left in the surrounding area that has not yet been acquired, which can be solved in the past six months.

In this way, a total of 450,000 square feet of land is enough for Lin Zhichao to develop manufacturing in Hong Kong. After all, factories in Hong Kong can be built into 10- or 12-story industrial buildings.

"Boss Lin, I am here to discuss the land with you on behalf of Degu Company. We know that Cheung Kong has a large investment in Hong Kong, so we are willing to help you and sell the land to you." As soon as Liu Jiang met, he

So said.

Looking at Lin Zhichao's steady expression, he knew that he would not have the upper hand this time, but his boss was very anxious and asked him to deal with the land as soon as possible and get the US dollars.

"To be honest, buying land at this time is really risky. It's not like Liu Shengqian doesn't know the situation outside. Everyone is exchanging U.S. dollars and preparing to use Hong Kong as a springboard to move overseas."

Liu Jiang didn't believe that Lin Zhichao didn't want it, and that he was just lowering the price. After all, Lin Zhichao was still counter-offering last month; at that time, it was actually a foregone conclusion.

"Boss Lin, I know your time is precious, so I'll get straight to the point. Our boss wants to sell it to you at your last price of 3 Hong Kong dollars per square foot, for a total of 460,000 Hong Kong dollars. But we want US$81,000, and we want it in

The transaction will be completed within this week.”

Lin Zhichao smiled and then said: "Well, we happen to have US dollars in our account, so let's sign the contract tomorrow."

Liu Jiang breathed a sigh of relief. He was really worried that Lin Zhichao would lower the price again, but his boss was only willing to sell it at this price, otherwise he would rather die in Hong Kong.

After Liu Jiang left, Lin Zhichao fell into an atmosphere of joy.

The opportunity has come!

In his previous life, Zheng Yutong would sigh like this for many years: "It would be great if I bought the land at that time!" It turns out that starting from this autumn, rumors began to spread in Hong Kong that he wanted to take over Hong Kong, even though the population has increased by more than 500,000 people.

, but no one is developing real estate anymore, and the strange phenomenon of "buildings are expensive and land is cheap" appears, and the real estate rent-collecting industry develops abnormally.

Now, Lin Zhichao plans to ask Yangtze Real Estate to spend 3 million to 3.5 million to purchase more land and old buildings in the past six months; in the three years of the Peninsula War, he plans to purchase a large amount of land through mortgage loans and other business support.

and old buildings.

Don't rush to develop, just wait until the Hong Kong government allows the construction of high-rise residential buildings (currently only residential buildings no higher than five storeys are allowed, otherwise the Governor and the Executive Council will need to approve) before developing residential buildings.

Think of it as buying real estate in the Yangtze River and carrying out land reserves, which will help greatly increase profits in the future.

As for Cheung Kong Holdings, it still needs to purchase all the surrounding land. Now there is only one 60,000-square-foot land left in the hands of a local indigenous family. Although it is difficult to lower the price to HK$3, but if the price is raised

For 4 Hong Kong dollars, it is still achievable.

Once next year, the Eagle's Seventh Fleet sails into the Far East, the 'Hong Kong Island crisis' will dissipate. The reason is simple. The Hong Kong government will think that if something happens to Hong Kong, Eagle will not ignore it; at the same time, the Peninsula War will also

If you want to start participating in the war, then you have no intention of taking back Hong Kong.

Therefore, land prices will recover slightly, but this will only be short-lived. After all, when import and export trade is blocked, Hong Kong's land prices and properties will fall into a slump.

afternoon.

Lin Zhichao came to Yangtze Real Estate and recruited Hu Zhaoxu from the marketing department.

"What's the land price situation outside?"

Hu Zhaoxu immediately said excitedly: "It is plummeting. It is estimated that it has dropped by about 40%. However, no suitable land properties have emerged yet. The Hong Kong government has suspended land auctions."

Lin Zhichao immediately said: "Don't worry, it's not bad if it drops to about 60%. After all, fear will spread. Next, you have to pay close attention to the market trends and report the news to me. I am going to spend 3 million Hong Kong dollars to buy the bottom.

The land, former building sites, and warehouses are reserved under Changjiang Real Estate and will be developed in the future when the real estate industry becomes more prosperous."

Hu Zhaoxu nodded and said: "Okay, I will definitely inquire more about the news and do more market homework!"

Finally got something to do, he thought in his heart.

After Hu Zhaoxu left, Lin Zhichao fell into thinking:

Although he proposed 'strata sales' and 'instalment sales' in 1947, it did change the housing situation in Hong Kong, and many people joined real estate investment; however, due to the political situation in the mainland during this period, as well as the high land prices, private housing

It does not exceed five floors, is constrained by factors such as the scarcity of powerful businessmen and the skyrocketing price of gold, so the changes to Hong Kong real estate are not particularly significant.

Some media have calculated that due to the emergence of "stratified sales" and "instalment sales", there are approximately 1,200 more buildings in Hong Kong (Note: In this era, there are still tenement buildings with one floor and one unit).

These 1,200-story buildings will obviously be digested by the market very quickly. Originally, everyone would invest in real estate. Unexpectedly, starting from July and August this year, Hong Kong real estate has entered a stagnant stage, because the crisis of Hong Kong's future has begun to strike.

Now it has become a fact!

According to Lin Zhichao's estimation, the next wave of real estate boom in Hong Kong should have started in 1954; however, given that the Hong Kong government only introduced the policy of "encouraging the development of residential properties to high-rise" in 1955, the real boom was from 1956 to 1957.

By then, I am afraid that funds will pour into real estate, and the market will be hot and can supply 10,000 to 20,000 off-the-plan properties a year.

Since there has been no progress in the past few years, Lin Zhichao plans to mainly absorb a large amount of land. When the bill "allowing the construction of high-rise buildings" is passed, he will sell a large number of off-the-plan properties as soon as possible, and then close it in time to avoid a rapid collapse in housing prices.

Hong Kong Zipper Factory is a subsidiary of Hong Kong Textile Factory.

Wang Tongyuan immediately met with Wu Mingcheng, the manager who had returned from Southeast Asia, and asked: "How was it?"

Wu Mingcheng reported: "The situation is not very ideal! Probably because they knew that we purchased three machines, the agents of the Yangtze River Industrial Zipper Factory over there have already lowered the price to customers. One machine only costs 0.8 Hong Kong dollars to 0.85 Hong Kong dollars."

Wang Tongyuan frowned because he was thinking about a question. Agents only offer customers a unit price of 0.8 to 0.85 Hong Kong dollars. So what wholesale price does Cheung Kong Industrial give to agents?

Could it be that Cheung Kong Industries has controlled the cost to 0.5 Hong Kong dollars a piece?

"In order to suppress our Hong Kong zipper factory, Cheung Kong Industries is not willing to give up money to make a profit!" Wang Tongyuan laughed. He felt that Lin Zhichao was afraid of him, so he quickly lowered prices in the Southeast Asian market.

Wu Mingcheng catered to his boss and said: "Indeed!"

Wang Tongyuan snorted and then said: "You can immediately arrange offices in Southeast Asia and sell directly to customers at a price of 0.8 Hong Kong dollars per piece. In this way, we can skip the agent and make a profit of 20 cents on the price.

.First capture a part of the market, and then consider reducing costs.”

Hong Kong textile factories already have offices in Southeast Asia, so they have added a lot of salespeople and staff, but the expenses are always not as high as the price difference earned by agents.

Therefore, the Hong Kong zipper factory still has some profits.

And in Wang Tongyuan’s view, zipper costs can be reduced.

"Okay, this way, our three machines can immediately run at full capacity and produce at full capacity!" Wu Mingcheng said happily immediately.

Wang Tongyuan nodded and said: "With the outlets we operate in Southeast Asia, we can easily access more markets. This Yangtze River Industry has no money to make, so it has to fatten those agents. I don't know what you think?"

Of course, he also understood that the reason why Yangtze River Industries used agents was to occupy the entire Southeast Asian market, including remote places.

However, the Hong Kong zipper factory does not need to consider this now and will focus on occupying important cities first.

After his subordinate Wu Mingcheng left, Wang Tongyuan showed a proud smile.

"Lin Zhichao supported his father-in-law to engage in the one-stop 'textile dyeing' industry. Dongfang Textile developed rapidly, but they did not expect that I could also copy their old nest. In this way, not only the zipper manufacturing market of Yangtze River Industry was

The partition will affect even Oriental textiles."

His Hong Kong textile factory is already the largest textile factory in Hong Kong, so if it can weaken the strength of his competitors, he will naturally be happy to see it; not to mention, this is a good move that kills two birds with one stone.

On the other hand, when Germany's Bern Machinery learned that Lin Zhichao was in urgent need of a new machine, it had already arranged ready-made machines - five rice arranging machines and three slider stamping machines, to be shipped directly to the Changjiang Zipper Factory in Bukit Road, Sing Tao

', arrived at the port of Singapore in late October.

As for the subsequent machine delivery, there is no need to rush it. It can be delivered around the end of the year.

Cheung Kong Holdings (Tsuen Wan).

Lin Zhichao watched the workers loading six old-fashioned rice arranging machines one after another, and couldn't help but feel reluctant to give them up. These six machines had made great contributions to Yangtze River Industries. But now, they have become pawns in the business war and become his opponent.

weapons.

Of course, he is a person who wants to achieve great things, so he quickly adjusted his mood.

Lin Zhichao said to Li Gaofu next to him: "When the machine is shipped to the warehouse in Sham Shui Po, you go to Wang Tongyuan to sell it. Each machine can be sold for 14,000 to 16,000 US dollars. You will deal with the details. The key is to sell it to him. As long as it succeeds.

, you get 10% commission, I don’t care what method you use.”

Because the Hong Kong dollar has depreciated, Lin Zhichao also decided to make it cheaper, mainly by selling it, and killing two birds with one stone.

Li Gaofu already knew the whole story, so he said confidently: "It's more than half the price, and the performance is good. I believe Wang Tongyuan will definitely buy it. As for the commission, it's just a piece of cake, how can I collect it!"
To be continued...