Chapter 321 Planning to Buy Land
Chapter 321 Planning to Buy Land
The superior location of Sai Kung Street is obvious to all, but it is easy to take up a newly renovated street market but difficult to operate it.
Young and gangsters are willing to risk their lives to fight for territory, but they don’t have the ability to run a night market or plan a business district.
In the early days, Temple Street Night Market relied on the gathering at the Tin Hau Temple to attract people. Later, under the targeted planning of the Hong Kong government, it gradually grew in scale.
During the period of the Four Chief Inspectors, various major gangs relied on their connections with the police force to bully the market, enter the situation violently, set up their flags in Temple Street, and monopolize the lucrative areas.
Now Saigon Street needs to be managed and planned, which is not a simple matter that can be done by force. The difficulty is no less than building a shopping mall brand, and the rewards are naturally rich.
The four major social groups, big and small, are used to competing for food and managing brands, and are too lazy to develop street markets. To build a Saigon night market, not only does one need to invest millions of dollars, but one also needs to introduce stalls, manage hygiene, conduct market research, and manage relations with municipal bureaus. In the end, whether it is profitable or not depends on luck.
The gangsters would rather use their capital to go to the Golden Triangle to purchase goods and make two more trips than spend one or two years and invest huge costs to do a business that might lose money.
The bad guys like to make quick money, and when they try to get involved in legitimate business, they are only willing to start a film company, a minibus company, or a market manager.
These are all businesses that are sure to make money and are convenient for money laundering and arbitrage.
The only exception is Lao Zhong's Shenxiantang, which has the ability to invest heavily, open a factory and establish a company.
All the projects he did were very profitable, and he opened up a lot of money. He also had business in the municipal government and the mainland. When people in the underworld mentioned Lao Zhong, they were afraid of the ferocity of the Chaozhou Gang's war god and admired the business philosophy of the "Hongmen boss".
After discovering the business potential of Sai Kung Street, the president of Zhong Yi Xin, Lu Qingdong, would seek out Yin Zhaotang to discuss the matter. The most important point was that he wanted to rely on his business skills.
If you can make money by just grabbing the territory, Zhongyixin doesn't even have a chance to join the game. No matter how powerful Lao Zhong's thugs are, they can't beat the four major gangs together, but a smart mind can really beat all the gangsters from the four major gangs.
Yin Zhaotang, who had originally considered operating Sai Kung Street, responded to the call of the Jordan Hall thugs and decided to clear out Sai Kung Street and make it a place where only loyal people were allowed to stay.
Giving the thugs a chance to gain power and avoid going to war with the big guys can also help expand the influence of the Chung Yi Tong by cleaning up the small guys on Sai Kung Street.
At the same time, with Erzhong and Xizhong leading the way, the brothers will not suffer many casualties.
It will not hurt Yin Zhaotang's vitality, but will also strengthen his foundation.
Objectively, it can also increase his control over the Zhongzi tribe, exert influence, and contribute to the unification of the Zhongzi tribe in the future.
Although Yin Zhaotang's original intention was to help the two-character group develop, helping with development is also a way to win people's hearts.
A premeditated war between the underworld and the underworld is being organized in secret.
Met with Zhongyi Xin's boss Lu Qingdong and Zhongyi Group's boss Liang Jiacong to count the staff and select talents.
Established a management company, conducted market research, and counted the types, quantity, flow of people, and consumer groups of shops in Temple Street and Sai Kung Street.
Yin Zhaotang sent A Le on a business trip to Taiwan and Tokyo again to count the types of snacks in Taipei night markets and Tokyo night markets.
If Saigon Night Market wants to be successful, the duplication rate of stalls must be less than 30%.
This red line was tested by the market economy in later generations.
The street stall economy was well developed in the mainland in the 1990s, and the "night economy" was promoted during special periods. Within a year, pedestrian streets in cities large and small across the country have been transformed into night market streets, food streets, and Internet celebrity streets.
Thousands of cases have proven that night markets with a product duplication rate of more than 30 percent will eventually close down and become depressed and withdrawn from the market.
In an age of transparent information and advanced networks, popular products can be copied across the country overnight. It is a pipe dream to keep the product duplication rate below 30%.
The survival of the night market street depends not on the products but on the geographical location.
But in the 1980s, it was possible to create a night market with low product duplication and take over the popularity of Temple Street. The products of Temple Street were mainly local snacks, plus "local products" such as fake clothing and pirated records.
The full competition in later generations has indeed produced many popular products, such as hand-made lemon tea, hot giant squid, ring toss, shooting guns, each of which is inexpensive and suitable for civilian entertainment, and these are activities that are not available in Temple Street at present.
In addition, we can also introduce Taiwanese grilled sausages, bubble milk tea, oyster omelette, Tokyo hand rolls, Japanese yakitori and rice balls, which are all products that suit the eating habits of Hong Kong people.
There is no threshold for these products. You just need to send people to do research, publicity, and spend some time to make them. There is no need for stall owners to enter the market, and the management company can operate independently.
As long as the duplication rate is limited and the quality of the night market is improved, it can even add fuel to the fire of Temple Street.
For two whole months, Lao Zhong did not send anyone to Saigon Street to cause trouble.
The "Chaozhou Zhongyi Night Market Property Management Company" was established with the approval of the Commerce Department. The draft business plan submitted to the "Street Market and Vendor Working Group" of the Kowloon District Municipal Council received strong support from the working group leader, Hu Bochao.
At an internal meeting, Hu Bochao called the Saigon Street Night Market plan "Saigon Street Revival" and instructed to open a green channel for the work.
The plan clearly states that in addition to the shops along Sai Kung Street, a 500-meter-long temporary street market will be planned at the intersection adjacent to Temple Street from 6pm to 2am every day.
The market is expected to add one hundred to two hundred stalls.
The project is fully funded by Chaozhou Zhongyi, which is responsible for collecting property fees, sanitation fees, water and electricity fees, and then paying them to the Municipal Bureau on an annual basis.
The King of Sparrows Club.
Liang Jiacong, wearing a shirt, pushed the cards down with both hands and said with a smile: "Ah Tong, you really have a way. You are able to deal with the vendor management team."
Lu Qingdong had suffered from the Municipal Bureau for a long time, and he cursed: "Those bastards, they issue tickets more frequently than the traffic police!"
Liang Jiacong lost the game and was hilariously happy.
"Without a fight, we have 200 more stalls on Saigon Street and a night market management company. Ah Tang, as we agreed last time, we will pay the money and you will manage the company."
"Uncle Dong and I each own 15 percent of the shares, and you own 70 percent."
They only contribute money but do not participate in management, and their shareholding ratio has always been very low.
Yin Zhaotang shuffled the cards and said in a gentle voice, "Tonight, I'll ask the 27-character restaurant that's working on Sai Kung Street to have dinner together at Cheng's Seafood Stall in Mong Kok."
“Invite them to run Saigon Night Market together, with no stall rent and no management fees.”
Liang Jiacong raised his eyebrows and said with concern: "Ah Tang, are you so generous?"
Yin Zhaotang chuckled and played a card: "In order to build Saigon together, I want to spend money to buy their land and see who agrees and who opposes."
Liang Jiacong's face understood and he knew that Shenxiantang had no good intentions. He just wanted to use courtesy first and then force, intending to divide up a group of small fry and then eat them up one by one. His plan was obvious.
Lu Qingdong wanted to show off, so he volunteered, "I've been around Sai Kung Street for many years, and I know a lot of people. I can ask Yuanzi to invite them."
Yuanzai, who was guarding the door, was delighted and made a move to step forward.
Yin Zhaotang said happily: "No need, I have already sent Jiang Hao to invite them."
(End of this chapter)