Chapter 185: Befriending Shark Dantong

"Pa pa pa pa pa pa~~~" Many people at the scene applauded and everyone was in high spirits.

Every time there is an auction, as long as a piece of land breaks the record, it will drive up the prices of all the land and properties nearby, and even the rent.

Therefore, many real estate tycoons are even willing to lose money to raise prices and create land kings, and the Hong Kong government naturally hopes that land prices will be as high as possible.

"Mr. Yang, congratulations." Several people around him also took the opportunity to establish a good relationship with Yang Wendong.

"Thank you." Yang Wendong replied politely. Knowing more people may not necessarily be a good thing, but it certainly won't do any harm.

An old man named Zhang said with a smile: "Mr. Yang, the land king of this auction will be the winner soon, do you still want to participate?"

"I'm not going to participate." Yang Wendong smiled and asked, "Mr. Zhang, are you going to participate?"

"Haha, Mr. Yang, you're joking. I don't have that kind of financial resources." The old man surnamed Zhang quickly shook his head.

"Let's just continue watching the fun." Yang Wendong didn't say anything else.

The last piece of land king is a piece of land with an area of more than 500 square feet in Central. Its location is much better than that of Hong Kong China Building. It is only about meters away from the sea. Its commercial location is second only to those core locations in Central.

The starting price was HK$300 million, which attracted the interest of many consortiums.

However, Yang Wendong did not participate. It was not that he could not come up with the money, but he needed to put the funds where they were needed most. In the real estate industry, his initial goal was to hoard land and build cinemas. This was an investment that killed two birds with one stone.

Another thing is the residential industry. We need to lay a solid foundation first, and then build our reputation and quality before we can carry out the next round of normal expansion. The golden age of the real estate industry will have to wait until after 66. Now we just need to make the corresponding preparations.

In the last auction of the king of land, many people were eager to buy the land. In the end, the representative of the Hong Kong Land Development Co., Ltd. won the bid for 435 million Hong Kong dollars.

A subsidiary of the Jardine Matheson Group can easily suppress all the Chinese capital present, and no one is willing to compete with the well-funded Jardine Matheson Group for funds.

After the auction, Zheng Zhijie went upstairs to handle formalities, while Yang Wendong chatted casually with a few people he had just met to kill some time while waiting.

At this moment, Zheng Yutong, who was the star of the auction just now, came over and introduced herself, "Mr. Yang, nice to meet you. I am Zheng Yutong from Chow Tai Fook Jewellery."

"I've heard a lot about you." Yang Wendong shook hands and said politely with a smile.

Zheng Yutong said with a smile: "Compared to the sticky note king, I am far behind. After learning about Mr. Yang's entrepreneurial experience last year, I was very impressed.

It's just that I never had the chance to meet him. I didn't expect that Mr. Yang would also enter the real estate market. We should cooperate more in the future."

"Okay, no problem." Yang Wendong said with a smile.

Being able to become one of the four major families in Hong Kong in the previous life, their vision and execution in the business field must be top-notch. As a time traveler, Yang Wendong is strong in knowing various time nodes in the future, but how to obtain the highest benefits during the rising period of real estate is his weakness.

As for various managers, they may be able to guarantee profits, but they are certainly not as good as the top real estate players such as Zheng Yutong, Li Jiacheng and Li Zhaoji.

It would be good for me if I could cooperate with these people.

Zheng Yutong nodded, then took out a business card and said, "By the way, I heard that Mr. Yang just got married not long ago. If you are free, you can come to my Chow Tai Fook Jewelry. With this business card, you can enjoy the highest discount in our store."

"Okay, thank you." Yang Wendong took the business card and said, "I'll go take a look in a few days."

Actually, at this level, people generally don’t care much about “discounts” on jewelry, but this can also be considered a way to make friends.

Zheng Yutong smiled and said, "Okay, there's my phone number on it. If Mr. Yang comes, I'll receive him personally."

"Thank you." Yang Wendong agreed.

This can be regarded as Zheng Yutong showing his sincerity in the invitation. Although he doesn't know what the purpose is, it is most likely cooperation in the real estate industry, which will not do any harm to him.

"Then I'll take my leave first." Zheng Yutong waved and walked away.

After a while, Zheng Zhijie returned and said, "Mr. Yang, the formalities have been completed. We just need to wait for Liao Chongxing Bank to release the loan, and then the Hong Kong government will transfer the land to our company."

"Okay." Yang Wendong nodded and said, "Please urge Liao Chong Hing Bank as soon as possible. If they are not fast enough, I will go to Hang Seng."

Today, he is already a famous "Post-it Note King" in Hong Kong. In addition, he is now in the real estate industry and has collateral, so the banks really have to beg him.

"Okay." Zheng Zhijie agreed and said, "I have already informed Liao Chong Hing Bank. The funds should be ready."

Yang Wendong added: "Also arrange the design bidding immediately and proceed simultaneously."

In the real estate industry, large companies will have their own design departments, because they have many projects on hand and it is most cost-effective to design by themselves;

But new or small companies usually rely on outside parties, and only have relevant people within their own company to connect with outside departments.

The same goes for Changxing Industry. We will consider these departments when we grow bigger in the future.

"Don't worry, Mr. Yang, I will release the news this afternoon." Zheng Zhijie nodded.

In the evening, after returning home.

Su Yiyi saw that Yang Wendong was very happy and asked, "The bidding was successful."

"Well, we've got the land." Yang Wendong said with a smile.

Others may still consider the risks, but he knows that the real estate market will continue to rise in the next few years. Without any risk concerns, how can others dare to compete with him?

Su Yiyi smiled and said, "That's great. I'll ask Aunt Wang to cook two more dishes tonight." "Okay, sure." Yang Wendong nodded. Aunt Wang is their family chef and she's quite skilled.

In the evening, after dinner, Yang Wendong said to Su Yiyi: "Let's go to Chow Tai Fook Jewelry in Central in a few days to buy some gold jewelry."

"Buy gold items?" Su Yiyi said, "Didn't you buy a lot before?"

"Just treat it as an investment." Yang Wendong smiled and said, "Chow Tai Fook Jewelry will give me a discount, so it's not a loss at all."

"Is Chow Tai Fook Jewelry going to have a discount? I haven't heard about it." Su Yiyi asked.

"Not really." Yang Wendong explained, "Today I met Zheng Yutong, the son-in-law of Zhou Zhiyuan, the founder of Chow Tai Fook Jewellery. He invited me to go, so I couldn't refuse him.
Although Zheng Yutong is a son-in-law, he is very capable and is the successor of the Zhou family. He has also entered the real estate industry and may have business cooperation with me in the future. "

Like the future Bao family, Chow Tai Fook Jewellery's founder, Chow Chi-yuan, had only one daughter. After his daughter got married, he gave the family wealth to his son-in-law.

Fortunately, Chow Tai Fook is already a well-known brand, and the surname "Chow" has at least been preserved. Unlike the Pao family, after the new century, the new generation of Hong Kong people probably only know the Wu family among the top ten families.

"Okay, I'll go buy some gold items. I also want to buy some for my mother." Su Yiyi said with a smile, "She always thinks gold is more valuable."

"That's true. There is no big risk for ordinary people to buy gold." Yang Wendong agreed.

Before the collapse of the Bretton Woods system, the value of gold was still very stable, and 73 years later, the value of gold has become higher and higher, far exceeding mainstream currencies such as the US dollar and the British pound.

On the contrary, diamonds, platinum, and colored gold are just a waste of money.

On September 9, Yang Wendong came to the branch on Queen's Road, and Zheng Yutong also came to receive him in person.

Zheng Yutong said with a smile: "Mr. Yang, the most famous thing about my place is the 9999 gold, which is genuine material. No one in Hong Kong can compare to mine."

"I've also heard about Zheng Sheng launching 9999 gold." Yang Wendong said with a smile, "Under those circumstances, Zheng Sheng had the guts to create a brand. He really had a good vision."

Before 56, the gold industry in Hong Kong was in chaos. The gold sold by merchants all contained impurities. The better ones had several percentage points of impurities, while the worse ones were only half gold. They then colluded with gangs and beat to death anyone who dared to come back to return the goods.

This chaos has caused many Hong Kong people to be afraid to buy gold even if they have money, for fear of being cheated.

Zheng Yutong, who had just taken over Chow Tai Fook Gold, forcibly launched four-4 gold, that is, 9% purity, despite strong internal resistance, and won the trust of all Hong Kong gold buyers.

It is also because of this that Chow Tai Fook has become the number one brand in Hong Kong's gold jewelry industry.

Zheng Yutong said with a smile: "Being able to allow Hong Kong people to buy gold with peace of mind is also the greatest achievement of Chow Tai Fook Jewellery."

"Haha, well said." Yang Wendong nodded and said, "Solving the citizens' problems while making huge fortunes is the best business."

"I can't compare to you, Mr. Yang. I've used your sticky notes and trolley suitcases. They are really useful inventions." Zheng Yutong also praised him, and then asked, "Mr. Yang, I see that you have become active in the real estate market recently. Are you also preparing to enter the real estate market in a big way?"

"It's just a small investment now, and I'm just giving it a try." Yang Wendong smiled and asked, "Does Zheng Sheng have any ideas?"

Zheng Yutong said: "I see that Mr. Yang has acquired a piece of residential land today. Is Mr. Yang interested in investing in another piece of residential land?"

"The other one?" Yang Wendong asked, "Why doesn't Zheng Sheng go there himself?"

Zheng Yutong said with a smile: "The land is very large and requires a lot of capital, but my funds need to be invested in commercial office buildings, which is a bit insufficient."

"Yeah." Yang Wendong paused and asked, "Then why did you find me?"

Zheng Yutong said: “Because many of my friends have invested all their money in real estate, and they have almost used up all their bank loans;
I have done some research and found that Mr. Yang's factories are very profitable, but you don't have much loan from the bank."

"That's right." Yang Wendong nodded. He had borrowed a lot of money before, but it was far from the real estate industry where people could leverage a capital of 10 to borrow a million.

Then he said, "Mr. Zheng, forgive me for being blunt, but I don't have any strong monitoring methods for a joint venture project, so I won't consider it for now."

In the real estate industry, it is normal to do joint projects. One is to increase the amount of funds, the second is that multiple consortiums can take out loans together, which can make banks more confident in lending, and the third is to spread the risks.

But among multiple consortiums, there is always one that is in charge, and this one makes the most profit.

If I were strong, I wouldn't have to worry about my partners making big moves even if I didn't make the decision. But I can't do that now. Even though I have strong financial resources, I'm still a novice in the real estate industry.

“Hahaha~” Zheng Yutong said with a smile: “Don’t worry, Mr. Yang, I know your worries, so my plan is very simple. The land I’m eyeing this time is a villa land in Happy Valley, and a total of 160 villas can be built.

We can just divide it equally according to the proportion of funds. Let's say we divide it 55-80, then each person will get villas, how about that?"

"Happy Valley?" Yang Wendong asked again, "How much money do we need to invest?"

"Around one million will do, not much." Zheng Yutong said, "I just need someone with financial strength to go with me to HSBC to provide guarantees."

"HSBC?" Yang Wendong frowned and asked, "Why do you have to go to HSBC? I heard that Zheng Sheng has a good relationship with Hang Seng Bank?"

Zheng Yutong shook her head and said, "I would like to do that, but this project has a lot to do with HSBC, so we need to get their loan. And HSBC is quite strict in risk review."

"I understand. How about I think about it again?" Yang Wendong did not respond.

Whether I agree or not, it is impossible to express my opinion now.

Zheng Yutong smiled and said, "Okay, I'll have someone send the relevant information to Changxing Real Estate Company tomorrow. Once you've confirmed it, please get back to me as soon as possible."

……

PS: Please give me a monthly ticket
(End of this chapter)

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