Chapter 725 Disagree

Hutchison Whampoa is actually part of the future Cheung Kong Holdings, and more importantly its retail and port businesses.

Especially the retail business, which includes Hong Kong's No. 1 PARKnSHOP supermarket, the world's largest Watsons chain store, etc., has brought a lot of profits and valuation to Hutchison Whampoa.

However, after Hutchison Whampoa joined the Cheung Kong Group, its first battle to become famous was the Whampoa Dockyard redevelopment residential project - Whampoa Gardens.

In Xiangjiang, it is common for old shipyards to be repurposed as real estate.

A few years ago, the Swire Group used its Taikoo Dockyard to build houses, and it became a benchmark for the middle class in real estate in Hong Kong. Housing prices have risen again and again, making Taikoo Shing a lot of money.

Whampoa Dockyard is located in the red exploration area of ​​Kowloon, facing the sea and across the sea from North Point and Fortress Hill on Hong Kong Island. It covers an area of ​​19 hectares, a full 285 acres, which is larger than the more than 200 acres in Taikoo Shing. Quite a few!

It is said on Baidu that Taikoo Shing only has 53 acres. That is actually a joke.

Not to mention anything else, there are 61 houses and more than 12,000 units in Taikoo Shing. How about putting so many houses on 53 acres of land?

There is no space at all, and there is no way to put it down!

What's more, the greening and leisure area in Taikoo Shing is very good, and the floor area ratio is about 4 times at most. 53 acres can't even cover the greening area of ​​other people's homes.

Yin Jun remembers that after the completion of Whampoa Garden, it became another excellent housing estate in Hong Kong for the middle class. It had almost 100 residential buildings, more than 11,000 residential units, and more than 40,000 people living there. It was very successful.

What is even more frightening is the profits of Cheung Kong Group.

They took advantage of the lowest period of real estate in Xiangjiang and applied to the government to convert the Huangpu Dockyard into residential and commercial office building land. The land price difference they paid was the lowest in history, only 391 million Hong Kong dollars, plus road construction fees of 2.1 billion. 100 million yuan, which is 600 million yuan.

You know, in 1981, that is, next year, Cheung Kong Group also applied for the same, and Hutchison Whampoa needed to make up the low price of HK$2.8 billion!

With this amount alone, they have saved 2.2 billion.

When the last phase of Whampoa Gardens was sold out, Cheung Kong Group received a pre-tax profit of HK$5.3 billion, plus a 1.7 million square feet of shopping mall, which it used to slowly collect rents, and the water flow continued.

All calculated in this way, they made more than 10 billion from the Huangpu Garden real estate business alone, which is just a lot more!

Yin Jun can remember Hutchison Whampoa because he read the biography of Li Chaoren.

This clever trick of taking advantage of the bad world to force the government to use super low land premiums to encourage big real estate businessmen like them to start building houses and stimulate economic development is an achievement that he is very proud of.

However, the government is not a vegetarian. When things calmed down, Li Chaoren suffered a small loss in another development deal to replenish the land price to change the use, which was hundreds of millions higher than the normal price. .

At this time, Yin Jun was not surprised that Li Chaoren talked about developing Huangpu Shipyard.

Because after he bought Hutchison Whampoa, he was actually working on the Whampoa Dockyard. After all, he had the jewels of Taikoo Dockyard in front of him.

Now that Yin Jun agrees with him, Xiangjiang's real estate will collapse in two or three years at most. He is a little anxious and wants to develop several phases of Huangpu Shipyard as soon as possible and make a lot of money from it.

As for the remaining sites and houses, they can be repaired slowly. Anyway, they have already made a lot of money, so there is no need to worry about the rest. When the real estate market conditions are good, they can speed up the development.

But there is one thing. If it wants to develop a large area of ​​​​285 acres like Huangpu Shipyard, Changshi Group must prepare at least more than 5 billion in funds for development and construction. With such a large amount of funds, Changshi Group must be If you can't get it out, you can only choose a loan.

If it wants to borrow from HSBC, and if it borrows so much, Cheung Kong Group will definitely face pressure and doubts from small shareholders.

In this case, Li Chaoren will drag Yin Jun along.

Not only because Yin Jun’s shares combined with his account for the vast majority, but also because of Yin Jun’s genius status in the hearts of all Xiangjiang people.

Many people are superstitious. As long as it is a business that Yin Jun is willing to get involved in, it will definitely make money!

If Yin Jun dares to agree to Changshi Group's investment of billions to develop Huangpu Shipyard, then the vast majority of shareholders will choose to support it.

"The Huangpu Dockyard covers an area of ​​19 hectares, and it is a good location near the sea..." Li Chaoren thought that Yin Jun didn't know much about the Huangpu Dockyard, so he talked about the advantages of the Huangpu Dockyard for a long time, and finally said: "I think we It is best to develop three phases quickly first and launch 1,000-2,000 houses. After eating the richest cake and collecting a lot of cash, we can then develop slowly and wait for the opportunity to expand our strength. Yin Sheng What do you think?"

Faced with Li Chaoren's inquiry, Yin Jun shook his head directly this time: "Mr. Li, you are thinking very well. If it were in normal years, we would definitely be able to build the Huangpu Dockyard and make it more dazzling than Taikoo Shing." But the land prices in this world are crazy now. Do you think if we apply to the government to change the land use, how much land price difference will they make us pay?"

Li Chaoren said confidently: "I did some calculations. According to the proportion of Taikoo Shing, if it floats upward, it should be about 1.2 billion. It is precisely because of such a large expenditure that we have to ask HSBC for help. But Yin Health, as long as we get the land, we will just sit and count money from now on!"

Yin Jun smiled brightly, "Mr. Li, you still don't understand the horror of this crazy land price. 1.2 billion? You underestimate the Xiangjiang government! It's the end of 1980, and I have a job from a consulting company. According to the information purchased, the auction price of land in the urban area of ​​Xiangjiang is about HK$3,000 per square foot for industrial use. Non-industrial land such as commercial buildings and entertainment venues is about HK$12,000 per square foot, and residential land is about HK$14,000 per square foot.

The geographical location of Whampoa Dockyard is so good. To the northwest is Ho Man Tin, where the middle class gathers. It has two beaches. To the west is the Hung Hom Cross-Harbour Tunnel. It is very convenient to reach the bustling areas of Hong Kong Island. Do you think the Xiangjiang government will ignore this kind of land and develop it instead by only asking us to make up a mere 1.2 billion? "

"Then how much do you think they will offer?" Li Chaoren asked with a frown.

"3 billion." Yin Jun said calmly.

"What!?"

Li Chaoren was stunned.

If the speaker hadn't been Yin Jun, he would have opened his mouth to say that such speculation was "extremely boring."

I have a piece of land of my own. I need to build a house and pay for the land price. Why can't it be so expensive?

If this is the case, the Xiangjiang government and the land prices in Xiangjiang are really crazy!

"After all, Mr. Li can send someone to apply when everything is ready at the beginning of next year." Yin Jun said calmly, "Anyway, they said that if we don't repair the house, it doesn't matter, right? "

"Such a price..."

Li Chaoren didn't even know what to say.

At the same time, he became wary again.

Let’s go apply and take a look. If they really dare to ask for 3 billion, the remaining properties they own must be sold as quickly as possible to avoid a real estate market crash!

"Speaking of which, I have something else that I would like to ask Mr. Li for help." Yin Jun said: "I know that Mr. Li has a very good relationship with Governor MacLehose, and he also has a very good relationship with the people in the BA and the Chief Secretary. . My Kylin TV wants to be a satellite TV and broadcast programs for free from all over Asia. I wonder if Mr. Li is willing to help convince Governor MacLehose and the government to help me achieve my wish?"

"Satellite TV?" Li Ka-shing said in surprise, "Yin Sheng, how did you think of doing this? It costs a lot! Just talking about the launch and maintenance of satellites costs a huge amount. What do you do to ensure your income? , can you support such a large expenditure?"

"I plan to buy satellites from the French. Their technology is good and they have no ill feelings towards us Chinese." Yin Jun said, "As for the launch and maintenance, I plan to hand it over to the rocket launch unit in the mainland. In this way, the cost will be cheaper. Wireless TVB and ATV will not interfere with this. The most important thing now is to talk to the government."

"I don't have much experience in this area." Li Chaoren said first, and then said: "But Yin Sheng, you have given me too much help before, and I must repay this favor. Wait until I go back to Let’s find out more about it and then give you an answer, okay?”

"OK!"

Yin Jun nodded.

The current Li Chaoren is not the famous Li Chaoren in the 1990s.

At that time, Li Chaoren proposed the idea of ​​a satellite TV Chinese station. After promising many conditions, the Hong Kong government agreed.

But he is the only one in Xiangjiang. In the future, Phoenix TV will be the Xiangjiang part of the Chinese station of the satellite TV.

It's just that Li Chaoren is a very good person. No matter which government or governor he is with, he can maintain a good relationship. This is his ability.

Two years ago, before Li Chaoren had swallowed up Hutchison Whampoa, MacLehose took a group of Hong Kong tycoons to visit Mr. Xiao in Beijing and took him with him. This is proof.

Yin Jun is now the channel that needs to be cleared, instead of pinning his hopes on Li Chaoren.

When there are more people interceding and he has a detailed development plan, I believe that with MacLehose's wisdom and magnanimity, Yin Jun has a great chance of success.

There is really not much time left for Yin Jun.

Once Li Hanxiang's movie starts filming and Gan Guoliang, Wen Jun and others go to the mainland, Baodao will definitely ban Yin Jun without hesitation.

If there is no complete preparation, the foundation in Xiangjiang will definitely be greatly affected.

Only by spreading the stalls in advance can the impact be further reduced.

The more you prepare in advance, the more calmly you will be able to deal with it when it happens, reduce losses as much as possible, and keep moving forward while maintaining the original goal!