Chapter 201: Plotting against Liao Chongxing

"130? Not bad." Yang Wendong nodded.

Although it is not as good as Changxing Industrial's half-month profit, the advantage of real estate is that as long as you dare to play big, you can operate a dozen or even dozens of projects at the same time.

This is how the Chinese real estate giants of the 70s and 80s played the game. Their market capitalization was only a few hundred million, but they relied on launching multiple projects at the same time to drive billions of virtual funds.

The profits at the end of the year are actually tens of millions or even hundreds of millions, and this is the data after a lot of profits have been transferred out of the listed company through various methods.

Wang Fengzhi added: "Changxing Shipping has no external revenue because it is currently accepting orders from Changxing Industry. It also spent more than HK$600 million on buying ships and is still making a loss."

"Well, OK." Yang Wendong nodded and said, "After Changxing Shipping officially starts accepting orders from outside, I will let them charge Changxing Industry according to the normal market price.

Shipping companies are also normal businesses that need to make profits.”

In the future, if the shipping company grows bigger, it will need to purchase more ships or even new ships, which requires financial data to obtain mortgage loans from banks. Therefore, normal returns are also needed in the earliest stages of its start-up.

Wang Fengzhi continued, “Mr. Yang, these are your main industry data at the moment.

There are also some properties that are valuable in themselves, but they are not rented out, so I do not include them in the annual business statistics.”

"Okay." Yang Wendong nodded, and then said: "Starting this year, Changxing Real Estate will begin to prepare to acquire a lot of properties or land, which will be used for leasing or selling at a high price in the future.

These will also be gradually included in the statistics in the future, but as long as the properties are not sold, the appreciation part should not be counted in the financial statement, just list them separately and tell me. "

A special thing about real estate companies is that the assets they purchase will appreciate over time.

Therefore, some listed real estate companies will include this appreciation in their financial reports in order to make their financial data look good, thereby misleading investors.

If the purpose is to hype up finance and profit from it, there is nothing wrong with doing so. However, in the short term, the assets under Changxing Group are not going to be listed, so there is no need to play this kind of word game.

"I understand." Wang Fengzhi agreed.

……

After Wang Fengzhi left, Su Yiyi took a pencil in her hand, scratched on the paper for a while and said, "Brother Dong, if Changxing Industry goes public, wouldn't its market value be several hundred million?"

"That's about right!" Yang Wendong said.

Su Yiyi said with a smile: "Then wouldn't it be comparable to the top foreign companies in Hong Kong in terms of scale?"

"It's not that easy." Yang Wendong shook his head and said, "The most valuable assets of those giant companies are the large amounts of land in Hong Kong Island, which have unlimited potential in the future.

Changxing Industrial's current profits are indeed high enough, but investors generally do not and dare not be optimistic about it in the long term, just like banks."

Today, the top British trading companies in Hong Kong have extremely abundant land resources in their hands. Even the four major Chinese families in the future developed by acquiring a lot of land from foreign companies between 66 and 80.

For example, Shark Dantong acquired Swire's Blue Chimney Factory and built the New World Center which was very famous in the previous life. Li Jiacheng even acquired Hutchison Whampoa, and Pao Yue-kong also acquired Wharf Holdings, etc.

As for industry, although Yang Wendong himself is optimistic, if it is really listed, ordinary Hong Kong investors will not be optimistic, because the land of large real estate groups will not disappear, but the factory may fail in two years...

Even if Yang Wendong was an ordinary person, he would not dare to choose to invest in a factory under the condition of cautious investment. Even if BYD in its previous life was number one in electric vehicles, its stock was still average.

"Yeah, that's right." Su Yiyi nodded and said, "I recently heard that Jardine Matheson Group is preparing to go public in Hong Kong."

"Haha, it's better to go public." Yang Wendong smiled and said, "It's best for those British companies to go public."

Only after it goes public will he have the opportunity to take action.

Although it is a bit unrealistic to target British giants at this time, there may still be opportunities for some medium-sized ones.

Of course, some Chinese capital is also included. The purpose of these companies going public is to reap the benefits of ordinary investors, but Yang Wendong also holds a sickle in his hand, staring at the right one, and will reap the benefits when the time is right.

……

In the afternoon, Su Yiyi went to her own office to rest. After becoming pregnant, she also needed to take regular naps.

But Yang Wendong did not have this need. When he went to work in the afternoon, he asked his secretary to find a lot of newspapers with recent financial reports and check the companies that had recently gone public or were preparing to go public.

As far as he could remember, he was familiar with the famous takeover battles in Hong Kong in the 61s and s, but it was only now. It was too early and he couldn't wait another ten years before taking action.

If you can find the right one, it’s okay to start early.

“Knock, knock, knock~” There was a knock on the door. Yang Wendong looked up and said with a smile, “Old Zheng, come in.”

Zheng Zhijie walked in, sat down, and said, "Mr. Yang, Huang Yaonan just called me and said that China Bus will be listed on February 2 after the new year."

"It's quite fast." Yang Wendong smiled and said, "It ran in front of KMB."

Zheng Zhijie said: "Yes, Huang Yaonan has a good relationship with Yan Chengkun, who asked him to spread the word in front of Yan Chengkun, encouraging him to go public as soon as possible and expand new lines;

Yan Chengkun is a stubborn person who only wants to expand his career and have more bus routes, so he is easily hooked. "

"Interesting? Huang Yaonan also has spies?" Yang Wendong asked with a smile. Zheng Zhijie shook his head and said, "He is not a spy. It is unlikely that you can ask such a person to steal business secrets. But if it is legal, it is not a problem to let them promote some things."

"Yeah." Yang Wendong nodded and said, "People like this are actually very useful sometimes, but we need to avoid having such people around us in the future."

"Okay, I'll pay attention to it." Zheng Zhijie continued, "Mr. Yang, I want to use the Hong Kong Chinese Daily or Commercial Radio to give Yan Chengkun a push."

"How to push?" Yang Wendong asked.

"I want newspapers or radio stations to publish comments about the need for more bus routes on Hong Kong Island," Cheng said.

"That's a method." Yang Wendong nodded, and then said: "But for this matter, we should not personally show up. Before we take action publicly, we should not have any contact with China and Pakistan."

In this era, many things are difficult to investigate. For example, if you really want to know what a group of Hong Kong citizens need, you need to interview a large number of sample data. Even thousands of people may not be able to get an accurate answer.

Therefore, the media can influence the decisions of many companies to a certain extent. When many media report something, many people will see it and believe it.

Zheng Zhijie thought for a moment and said, "Then I should go to Ming Pao or Galaxy Daily?"

"No, you or our people should not go directly to the newspaper. Yan Chengkun also has some connections, and your actions may be known to him."

Yang Wendong paused and said, “We can find some reporters or editors from newspapers through middlemen and say that we are a non-governmental welfare group and want to fight for some benefits for Hong Kong citizens.

Don’t just raise issues related to transportation, but also raise issues related to water, high prices, and long working hours for workers.”

In fact, Hong Kong has recently begun to experience regular water shortages, but this has not yet affected Central and wealthy areas. As for the other problems, they are also old news.

Zheng Zhijie agreed and said, "Okay, let's mention them together. If it's just the travel issue, it's really hard to get into many newspapers."

"People's livelihood is also a concern for everyone." Yang Wendong nodded and said with a smile: "This is very reasonable. If we can really solve or alleviate some problems through this action, it can be regarded as a good deed."

This kind of problem involves the whole society and cannot be solved by a mere wealthy man like Yang Wendong. It is even difficult to alleviate it.

The role of the media is often to call on the government or relevant people to solve the problem, but he also knows that the probability of this is almost zero.

"That would be great." Zheng Zhijie thought for a moment and said, "Let Huang Yaonan arrange for someone to do this. This is related to whether he can seize the China-Pakistan Bus in the future. He will definitely be more active than us."

"Okay, then you go and discuss it with him. In short, you need to use up the funds that China-Bus will get after its future listing. It would be better if you can let him operate with a high degree of debt." Yang Wendong said with a smile.

"Okay." Zheng Zhijie agreed and handed over a document in his hand, saying, "Mr. Yang, this is a property I'm interested in in Kwun Tong. There's a map on the back. Take a look."

Yang Wendong took the document, looked at it for a while and asked, "Are these considered properties of Kwun Tong Center?"

"Yes." Zheng Zhijie said, "Because we don't know where the 10,000-person industrial park planned by Changxing Industrial will be located in the future, I will keep it simple and directly choose the center of Kwun Tong.

No matter what happens in the future, the economy here will definitely be the best in Kwun Tong. Once Mr. Wei decides on an address, I can just buy some land nearby in advance."

"Well, okay." Yang Wendong thought for a moment and said, "Although the location has not been decided yet, it will most likely be close to the sea. The closer to the sea, the better the transportation, which also meets the needs of our factory."

Zheng Zhijie said: "Then I will try my best to acquire properties near the sea in Kwun Tong."

"How are the two new residential plots doing?" Yang Wendong asked again.

Zheng Zhijie replied: "We are already leveling the land and preparing to lay the foundation. We estimate that by April or May, we can prepare to sell the pre-sale properties."

"It's quite fast." Yang Wendong said with a smile.

Zheng Zhijie said: "The real estate industry relies on speed. The faster the speed, the faster the capital turnover, and then we can move on to the next project."

"Then we should be bolder. When the team has enough people, we will continue to develop new projects in this way." Yang Wendong said with a smile: "I estimate that the Hong Kong property market will continue to rise in the next few years."

As a time traveler, he certainly knew that the land prices had been rising from 58 to 65. Although there was a period of monetary tightening in 61 due to the crisis of Liu Chong Hing Bank, it was only a small fluctuation and did not affect the overall situation.

Zheng Zhijie smiled and said, "Okay, I will build the company's personnel team as quickly as possible."

"By the way, is the company still using the loan from Liao Chong Hing Bank?" Yang Wendong asked again.

Zheng Zhijie replied: "It's not just Liu Chongxing, there is also Hang Seng, and a small part of Standard Chartered. At present, it is mainly Chinese banks."

"Try to use as much money as possible from Liao Chong Hing Bank." Yang Wendong said, "But all the deposits need to be transferred out gradually. If it is inconvenient, you can use it to pay salaries."

If history had not changed, there would have been a bank run on Liu Chong Hing Bank in a few months. Once a run occurred, even gods would be powerless to save the bank. In Hong Kong, only HSBC or the Hong Kong government could have saved it. Yang Wendong currently does not have that ability.

After the bank run, in order to save his own business, Liao Baoshan sold a large number of high-quality properties that he had acquired after years of management.

Rather than giving it to others, it is better to give it to yourself. Anyway, the Liao family cannot keep these things.

"No problem." Zheng Zhijie didn't think much about it and said, "Liu Chong Hing Bank is indeed willing to lend money, so I can borrow money from them to buy properties and land in Kwun Tong."

Yang Wendong nodded and said, "Okay."

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

previouscatalognext