Chapter 273: Huge profits in the real estate industry, Chu Zihang's plan

"Boss, you asked me to purchase Butterfly Bay in Lion Harbor a month ago. As you expected, the Hong Kong authorities are planning to build a large ocean-going port in Butterfly Bay, large enough to accommodate dozens of ocean-going vessels at the same time."

"The current value is more than ten times higher than the purchase price, or even more!"

"Currently, the four major families and the capitalists in Great Britain are negotiating the acquisition price, and the bids have reached billions." Huang Zhicheng said excitedly.

He looked so happy, like a child who got candy.

Especially Chu Zihang's brilliant strategy made Huang Zhicheng admire and marvel at it!

The Hong Kong authorities plan to build a large ocean port in Butterfly Bay.

As soon as the news was announced.

The real estate tycoons in Lion Harbor immediately set their sights on Butterfly Bay like cats smelling fish.

Once the ocean port is built, this will be one of the most prosperous places in Lion Port.

Naturally, they would not miss such an opportunity to make money.

A large amount of funds began to gather, and these real estate tycoons in Lion Port were ready to make a big move.

Be the first to buy the land in Butterfly Bay.

What shocked everyone was...

Butterfly Bay was already taken by someone a month ago.

A company called Umbrella acquired most of the core land in Butterfly Bay a month ago.

The remaining land is basically just some corners.

The real estate tycoons in Lion Port are not enough to divide up, let alone so many companies.

To be honest, it’s not even enough to fill the gaps between my teeth!

So they approached Umbrella and wanted to buy it from them.

Huang Zhicheng naturally wanted to whet the appetite of these people, so he organized a land auction in Butterfly Bay.

It will be held tomorrow, with the minimum starting price being 1 billion.

Huang Zhicheng only spent about 150 million to purchase the land in Butterfly Bay.

It is conceivable how much room there is for appreciation of this piece of land.

The auction started with a starting price of 1 billion yuan, and the transaction price was at least over several billion yuan, and it was possible that it could even reach tens of billions of yuan.

This is also the reason why Huang Zhicheng is happy.

After working hard in Lion Port for more than half a year, he only earned less than 10 billion US dollars.

A piece of land was worth more than half a year's efforts.

The huge profits in the real estate industry are not much worse than those in the arms business.

Hearing Huang Zhicheng’s report.

Chu Zihang thought it was some good news, but it turned out to be just this?

As a soul traveler, he has first-hand prophetic information.

The acquisition of Butterfly Bay is only the first step.

Next, half a month after Butterfly Bay confirmed the construction of the ocean port.

The battle for Hutchison Whampoa’s equity is about to begin.

This is the highlight!

A wave of mergers and acquisitions broke out in Hong Kong, among which the most thrilling and famous one was the acquisition of Wharf Holdings by shipping magnate Yue-Kong Pao.

In the mid-1980s, Paul Standard Chartered and Jardine Matheson established the Lion Harbour and Kowloon Dock and Godown Company Limited, abbreviated as Wharf.

It mainly operates port transshipment business and has established two terminals in the coastal area of Tsim Sha Tsui.

With a unique geographical location, its industries include most of the docks and warehouses in Tsim Sha Tsui, Kowloon, the New Territories and Hong Kong Island, as well as hotels, buildings, trams and the Star Ferry.

Basically, it is the largest ocean cargo port in Lion Harbor, with deep-water docks, open-air cargo yards, and cargo warehouses.

However, despite being located in such a prime location, the British company Hutchison Whampoa has major problems in its management methods.

The thinking is backward, and new properties are built using only own funds.

Only renting without selling resulted in slow capital return, slow business development, and plunged the group into a financial crisis.

Li Jiacheng, who has ten years of experience in real estate investment, quickly realized that if Hutchison Whampoa were managed by him, it would never have fallen into this predicament.

So Li Jiacheng immediately started researching and found that Hutchison Whampoa owned a large number of assets in prime locations in Kowloon, which were converted to 6000-7000 yuan per square meter based on the real estate auction price at the time.

Li Jiacheng believes that Hutchison Whampoa’s shares are worth at least HK$50 per share.

At that time, the price of Hutchison Whampoa’s stock was less than HK$14.

Under the temptation of huge interests.

Li Jiacheng calmly bought about 2000 million shares of Wharf Holdings held by retail investors.

The continuous increase in trading volume of Jiulong has attracted the attention of securities analysts.

The news that Hutchison Whampoa would be acquired spread like wildfire, attracting a large number of professional speculators, and the stock price immediately rose.

The stock price temporarily reached a peak of HK$46, which was quite close to the fair value of the stock.

At this time, Li Jiacheng was also in trouble. After all, it had only been ten years since he transitioned from manufacturing to real estate. Judging from the amount of assets he owned, he could only be considered a medium-sized real estate company at most.

Most of the funds used to acquire Wharf Holdings shares were borrowed from banks. If the shares were acquired at a higher cost, the risk would be extremely high.

As the largest shareholder of Wharf Holdings, Jardine Matheson was once a business giant that dominated the Lion City.

Now, his business is being snatched away by a young guy like Li Jiacheng who has only been in the industry for ten years. Of course, he will not sit idly by and wait for death.

It immediately began to develop an anti-takeover strategy, seeking help from HSBC and received financial support.

Facing this circumstances.

For a moment, Li Jiacheng couldn't think of a solution.

Because if Jardine Matheson insists on acquiring Hutchison Whampoa, it will inevitably also purchase a large number of shares.

Moreover, the other party has the support of HSBC, a big financial backer, so this is a bad strategy.

It is said that the head of HSBC personally stepped in to mediate and advised Li Jiacheng to give up the acquisition of Hutchison Whampoa.

Li Jiacheng assessed the situation and felt that it was not appropriate to create two strong enemies, Jardine Matheson and HSBC, at the same time.

In the future development of Changjiang, we also hope to obtain support from HSBC.

After weighing the pros and cons, Li Jiacheng decided to give up the acquisition of Hutchison Whampoa.

In the mid-20s, Li Jiacheng became the richest man in Hong Kong.

But at that time, he was not as capable or as famous as Sir Bao.

The world's top ten shipping tycoons are ranked, with Pao Yue-kong firmly in the top spot.

In the Chinese business community, in terms of strength and relationship with the banking industry, the only one who can compete with Jardine Matheson is none other than Yue-Kong Pao.

Li Jiacheng weighed the pros and cons and was confident.

He decided to kick the ball to Pao Yue-kong, expecting that Pao Yue-kong would go all out to score the goal after getting the ball.

Thus, the most famous Wenhua secret meeting in the history of Lion Port business took place.

After the secret meeting.

【The first time I saw you was on fire. The first time I saw you was on fire.】

The shipping king successfully obtained the equity in Li Jiacheng's hands and defeated Lion Harbour Land in one fell swoop.

Naturally, he became the first Chinese chairman in the history of Hutchison Whampoa.

The shipping magnate's foresight and foresight were fully demonstrated two years later.

After Pao Yue-kong took over Wharf Holdings, he was able to reduce the number of ships landing, thus avoiding an unprecedented shipping disaster.

After the shipping magnate passed away, his second son-in-law Wu Guangzheng took over the family business.

As a new generation of Chinese businessman, Wu Guangzheng has driven Hutchison Whampoa to move deeper into diversified industries, among which the real estate business is thriving and has become the core industry of the entire group.

Together with the later rising Sun Hung Kai Properties, New World Development and Hutchison Whampoa, they are known as the four major real estate companies in Hong Kong.

"Times Square", located in Causeway Bay, is a landmark product of Hutchison Whampoa during the Wu Guangzheng period.

After being named one of the “Top Ten Tourist Attractions in Hong Kong”, it was upgraded to a core brand of Wharf Holdings.

Soon, Hutchison Whampoa leveraged the influence of Times Square to fully enter mainland China and successfully landed in several major core cities.

Including Yanjing, Magic City, Mountain City, River City, Coastal City, and Tianfu Times Square, the expansion momentum is astonishing.

Such an opportunity to make money.

How could Chu Zihang let it go?

The battle for Hutchison Whampoa can at least bring him tens of billions of dollars in revenue.

Therefore, he was determined to win.

As for Li Jiacheng and the shipping king, they will soon become history.

Chapter 274 Arriving in Kyoto and Subjugating the Lanying Clan

Exit thoughts.

Chu Zihang said, "I will arrive at Lion Harbor tomorrow and attend the auction."

"Boss, really? That's great!"

"I will respectfully welcome you, boss, to visit us at that time." Huang Zhicheng's eyes lit up and he said excitedly.

"You should also pay attention to your personal safety. The capitalists in Lion Port are very cruel and ruthless." Chu Zihang warned.

In the few years leading up to its return, Lion Harbor can be said to be undercurrents.

Gangsters, capitalists, and Great Britain's MI6 are causing trouble.

This includes amending the law, setting up traps, and so on.

It is nothing more than handing over a mess to China before returning.

The sinister intentions are evident from this.

During this period, the capitalists of Lion Port colluded with gangs in order to accumulate a large amount of original capital.

To deal with competitors, you can build a plank road and sneak into Chencang.

If the open way doesn’t work, try the secret way.

In the dark sewers where the sun never shines, rats are always having a wild party.

The original capital accumulated by these capitalists was stained with blood.

Among them, the four major families are the most ruthless.

They don't care about the lives of the people, they only care about whether their wallets are full of money.

The interests involved in Butterfly Bay are too great.

Huang Zhicheng's safety is very likely to be threatened.

As long as the profits are big enough, capitalists dare to trample on the rules.

The big fish eats the small fish, and then it gets unhappy and eats the small fish again.

This is the rule of the world where the fittest survive and the strong prey on the weak.

hang up the phone.

Chu Zihang glanced out the porthole and saw that the Pelican had entered the airspace of the island nation.

The outline of the city below is vaguely visible.

Chu Zihang retracted his gaze and asked, "Victor, where are we?"

"Boss, we are already above Kyoto on the island country," Victor explained.

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