Chapter 363: The Four Families Investing in the Future
Chapter 363: The Four Major Families Investing in the Future (asking for monthly tickets)
After confirming that both ladies were pregnant, the rest of the process became simple. Just tell the life assistant and she will arrange everything.
That night, everyone had dinner at Yang's house. Bai Yujie took the opportunity to talk to Yang Wendong about the low-interest loans for poor students. Yang Wendong was in a good mood, and seeing that there was no big problem, he naturally agreed.
"Yujie, if you are free during this period, come and spend more time with your sister." After Yang Wendong put away the signed documents, he said, "My people can basically take care of everything, but she can't spend much time with the child after she got pregnant. You look like her, so you can come and play more often."
"You treat me as free labor." Bai Yujie said with a smile: "I don't want to be exploited by capitalists for nothing."
Yang Wendong smiled and said, "You are not short of money. How about this? I have a lot of cars here. You can pick one and use it for work. How about that? I heard that you ride a bicycle to work?"
Although the Bai family's wealth is far less than that of the Yang family, they are not poor. They are not short of money, including their children finding jobs, and they are essentially not idle people.
"You know all this?" Bai Yujie thought for a moment and said, "Okay, but I want to pick an ordinary car. All your cars are luxury cars, which is not good."
Yang Wendong thought for a moment and said, "Not really. I have a Ford here that I bought when I first started my business. I can give it to you."
"Ford? That's fine." Bai Yujie said with a smile.
Yang Wendong nodded and said, "Okay, I'll arrange for someone to do a good job of maintenance and inspection, and then give it to you. With this license plate, it will be more convenient for you to come to my place."
"Hmm~"
He will soon have two new offspring, and although he doesn't know the gender yet, Yang Wendong is very happy.
After staying at home for a few more days, Yang Wendong returned to work on October 10. After all, career is still very important, and the two are indispensable.
After looking at the data of each subsidiary of the group, I found that all businesses have been developing step by step during this period. There is nothing special. Just look at the financials. Except for the real estate business, all others have increased by more than 20-50% year-on-year.
"Knock knock knock~~" There was a knock on the door outside.
"Come in." After Yang Wendong finished speaking, he saw that the person who came in was Zheng Zhijie, so he said, "Come, sit here."
"Thank you, Mr. Yang." Zheng Zhijie said after greeting him and sitting down, "Mr. Yang, Li Zhaoji and Guo Desheng have agreed to accept our investment, but he wants to meet with you. What do you think?"
"Oh, then how much are they willing to let us invest?" Yang Wendong asked after putting down the documents in his hand.
A few months ago, considering the uncertainty of the future real estate market, Yang Wendong ordered Changxing Real Estate to begin a contraction strategy, which also resulted in more cash on hand. Although there are some ways to circumvent Taiwan's laws to invest there, it is not the right way after all, and it is difficult to expand the funds.
Therefore, investment becomes a good choice. However, the most important thing about investment is not the present, but the future. Therefore, the four major families in Hong Kong in the future are your investment targets. Among them, the most suitable for investment are Li Ka-shing and Guo Desheng, who have not yet started.
Coincidentally, these two people used to work together to start a company called Wing Yip Properties. Later, this year, they re-established the company, which is the future Sun Hung Kai Properties.
Cheng Chi-kit replied: "Lee Shau-kee and Kwok Tak-seng are willing to sell 20% of Sun Hung Kai Properties' shares."
"20%?" Yang Wendong thought about it. He remembered that Li Zhaoji became independent about ten years later.
But even so, with Guo Desheng's Sun Hung Kai, it will be one of Hong Kong's top giants in the future. As for Li Ka-shing who has become independent, we will talk about it later. Moreover, because of his existence, it is difficult to say what Hong Kong's business history will be like in the future.
Zheng Zhijie added: "They want to meet you to discuss future cooperation and their views on the real estate company."
"Well, okay, let's make an appointment. I'm free these days." Yang Wendong nodded and said.
Yang Wendong is still very interested in the two founders of the future four major families, especially Li Ka-shing.
Don’t be fooled by people saying how awesome Li Jiacheng was in his past, but in fact, Li Zhaoji’s wealth has always been about the same as his. It’s just that Li Zhaoji is very low-key. Although he is known as the stock god of Asia, if he stands on the streets of Hong Kong one day, not many people may recognize him.
Zheng Zhijie agreed: "Okay, then I'll arrange the time."
Two days later, Yang Wendong met with the founders of two of the four future families in the conference room of Changxing Building: Li Ka-shing and Guo Desheng.
"Mr. Li, Mr. Guo." Yang Wendong gave them enough face and said with a smile and shaking hands.
"Hello, Mr. Yang." Guo and Li were a little flattered. They didn't expect Yang Wendong to be so polite.
Yang Wendong then said, "Please take a seat, both of you."
"Thank you." After the two sat down, the assistant asked them what they wanted to drink and then went to prepare it.
After they chatted for a while, Yang Wendong asked, "You two, if you have any questions about my investment in Sun Hung Kai, feel free to ask. We are not going to sign a contract today, but we can settle some important matters."
Guo and Li looked at each other, and then Li Zhaoji asked: "Mr. Yang, what I want to ask is that our Sun Hung Kai is not very big, why did you choose our company?" Yang Wendong smiled and said: "In terms of scale, you are indeed not big, but I am more optimistic about your ability. Half a year ago, I investigated the information of many Chinese real estate companies, and your performance was the most dazzling.
Since you started your business in 1958, you have achieved great results in many projects. Today, you can establish Sun Hung Kai because of your hard work over the past five years. I am optimistic about you guys, so I invested in you. "
This is true. Around the beginning of the year, Yang Wendong arranged for someone to carefully investigate the information of all the well-known Chinese real estate companies in Hong Kong and then organize them and hand them over to him.
First, he wanted to find some potential companies for the future, and second, he wanted to do preliminary research for investing in multiple real estate companies.
Otherwise, it would be too abrupt and unreasonable to invest in several companies without preparing any information.
"Thank you for the compliment, Mr. Yang." Li Zhaoji said with a smile, "Compared to Mr. Yang, we are far behind."
Yang Wendong smiled and said, "We all have our own strengths. In fact, when it comes to real estate operations alone, I may not be as good as you, so this is why I want to invest in you. In the future, in addition to pure investment, perhaps we can also communicate in terms of operations."
As a time traveler, Yang Wendong does know the future bull and bear markets in the real estate market, which gives him unlimited advantages;
But this does not mean that you can maximize your profits. Even if you know what the future situation will be like, if you do not understand real estate operations very well, you will not be able to take advantage of the sufficient information foresight.
For example, from the beginning of the 21st century to the following 20 years, basically everyone in the real estate industry was very confident that housing prices would continue to rise, but there were only a few real estate companies that could become national level companies. This is the gap in capabilities.
The same is true in Hong Kong today. There are many people in British companies who believe in Hong Kong real estate, but they just don’t know how to operate it. In the end, they can only seek cooperation with Chinese companies, such as Wheelock, Swire Properties, Hong Kong Electric Group, etc.
"We are also happy to cooperate with Mr. Yang." Li Zhaoji paused and asked, "Mr. Yang, I have noticed that Changxing Real Estate has not been very enthusiastic about acquiring land in the past six months. Can you tell me if it is because you and Mr. Zheng are not optimistic about the future real estate market?"
"You are not optimistic about it either?" Yang Wendong asked back.
Guo Desheng nodded and said, "Yes, we have calculated that from 58 to now, housing prices have increased by almost 3 times, and in some places more than 5 times, which is far beyond the actual consumption level of many people;
However, what is uncertain is that a large amount of overseas funds and Hong Kong local funds continue to join the investment, so we are not sure when problems may arise in the real estate market. "
After listening to this, Yang Wendong asked, "So you think the real estate market will have problems soon, but not in the near future?"
"Yes, that's about the idea," Li Ka-shing confirmed.
Yang Wendong smiled and asked, "Is this also the reason why you have been investing in industrial real estate recently?"
Lee Shau-kee replied: "Yes, industrial real estate is not only linked to real estate production, but also to industry. Hong Kong's industry is developing very well now, so investing in industrial real estate is relatively stable. Even if there are problems with commercial real estate, the demand from industry will prevent the industrial real estate from falling too low."
"That's a good idea indeed." Yang Wendong nodded and continued, "I agree with you. Hong Kong's real estate has reached a very high level after five years, but it can probably hold out for another year or two, because any economic affairs have a continuity."
In fact, when real estate prices reach a certain level, many experienced people can see the problem from the macro data, but the core problem is when the problem will occur and when should they give up.
For example, several decades later in the mainland, a real estate tycoon named Wang once asserted that when the number of newborns decreased, problems would inevitably arise in the real estate market. So he made a drastic decision, abandoning many businesses and only holding on to the most core ones.
However, another trillion-level real estate company overheated its brain, did the opposite, and ended up ruining itself.
The timing is very important.
Guo Desheng also said: "If Mr. Yang also thinks so, then Sun Hung Kai will have to change its development plan for the next year."
"If you just want to do a quick money real estate project, I think it's still okay." Yang Wendong added: "Next year should be normal. You can make some money, and then hold the funds and wait for future opportunities.
But this is just my suggestion, and you decide how to do it.”
Although this was the case in history, it is hard to say now that there is one more person. Logically speaking, the impact should not be significant, but it is not necessarily the case.
Guo Desheng replied: "Okay, we will make a serious decision. However, Mr. Yang, if you invest in our company, you can also get a board seat. If you have any opinions on the development of the company, you can also tell us."
"Okay, I'll take this board seat." Yang Wendong smiled and said, "I'll send someone to your place, but I generally won't get involved in your operations. Just inform me in time."
Although he has invested in Hong Kong companies like Maxim's Foods, which have limited future scale, he will not pay too much attention to them.
But Sun Hung Kai is different. It is a giant worth hundreds of billions in the future, and there may even be real estate cooperation in the future. So he naturally needs to learn about it regularly, especially to avoid pitfalls. Even well-known companies in the past may have been hit by the real estate crisis.
Guo Desheng smiled and said, "Okay, then I will sort out the company's information, and then we will accept the investment after we determine the valuation together."
"Row."
PS: Please give me a monthly ticket
(End of this chapter)