Chapter 469: Conspiracy for Kinmen Construction

Chapter 469: Conspiracy for Kinmen Construction

Chapter 469: Conspiracy for Kinmen Construction
"What do you mean?" Trench asked back.

Yang Wendong replied: "As soon as the Hong Kong government announces the opening of the cross-harbour tunnel, China Motor Bus and Kowloon Motor Bus will also do business on the other side through the tunnel. In this way, many people will no longer need to take the Star Ferry."

"Chinabus and Kowloon Motor Bus?" Trench Trench frowned and said, "These two companies also have exclusive regional operating rights. If they are released, the Hong Kong government will be in breach of contract."

Yang Wendong said: "This is also very simple. Just allow the two bus companies to set up one or several stops on the opposite side. When you arrive on the other side, you still need to take the corresponding bus."

The Hong Kong government's exclusive operating rights cannot be broken at will, because this has been Hong Kong's operating model for decades. Once it is broken, not to mention that it will offend many people, it will not be good for itself. In the future, he will acquire British capital. The rights and interests of British capital today may be his in the future. Naturally, he will not fight against himself.

However, appropriate improvements are also necessary. As a time traveler, he values ​​the profits brought by monopoly, but he cannot blindly use monopoly to reap ordinary people. The best way is to make some changes, or learn from HSBC, take Hong Kong as its base and expand overseas. This will be more meaningful.

Buses don't actually make much money. Just like the Star Ferry, it is more meaningful to provide convenience to ordinary people. Building the tunnel by ourselves, making money is one of the purposes, and allowing ordinary people to have lower transportation costs is also one of the purposes. In addition, the overall improvement of Hong Kong's economy is also good for him.

Trench nodded and said, "That's fine. The two bus companies should agree."

Yang Wendong went on to say: "In this way, many of Hong Kong's traffic problems will be solved."

Trench asked again: "Mr. Yang, how do you invest in this undersea tunnel?"

Yang Wendong said: "According to the cases of some overseas countries, private enterprises invest in construction, and then obtain the right to collect fees or some surrounding properties for a certain number of years, and then return them to the government;
The government can save money, and ordinary people have to pay to pass through. However, compared to taking the original road, it can definitely save time or money, so it can be said to kill three birds with one stone."

In the past, the mainland invited capital from home and abroad to build highways, using the same tactics, which was learned from Western countries.

Capitalists invest to obtain charging rights for decades and then return them to the government, creating a win-win situation for all three parties.

Trench thought for a moment and asked, "Mr. Yang, there is indeed no problem with me and the Hong Kong citizens, but are you sure you can make your money back?"

Yang Wendong said with a smile: "If this kind of thing is certain, then Jardine Matheson would have dug this tunnel long ago. With the traffic volume in Hong Kong, it is definitely impossible to make back the investment. So my request is that you give me some of the land around the undersea tunnel on both sides;
This way I can build some car-related facilities, or rest facilities, etc., which can also help me make some money back.”

In fact, with the speed of Hong Kong's economic development in the future, a tunnel itself can easily pay for itself. However, no one in this era could have imagined that 68 years later, Hong Kong's economy would take off like a rocket, especially now that there is the bug of Yang Wendong. The economy will inevitably develop faster in the future.

No one else knows but you, so you must use this opportunity to gain higher profits. The fees cannot be set too high, otherwise the Hong Kong government and more than 300 million people in Hong Kong will have objections. Then you can only rely on infrastructure to acquire some surrounding land and then develop related businesses.

"We can discuss it." Dai Linzhi nodded.

To him, Yang Wendong's request was not excessive. Building an undersea tunnel required too much money, and the Hong Kong government had already calculated that it would be a complete loss because the number of cars in Hong Kong was too low and the per capita income was too low.

However, Hong Kong does not have the technology to build such a tunnel, so it can only hire overseas companies, which makes the cost even higher.

Yang Wendong said: "In that case, I will ask people from Changxing Real Estate to negotiate with the relevant departments of the Hong Kong government."

"No problem, I will let the governor be in charge of coordinating this project." Dai Linzhi nodded.

As the Governor of Hong Kong, he also hoped that a large-scale infrastructure project could be completed during his term, especially if it did not require government funding. Neither his subordinates nor the British would object.

After finishing the conversation with the Governor of Hong Kong, Yang Wendong drove the convoy and left the Hong Kong government. On the way, he also informed Zheng Zhijie about the matter.

Zheng Zhijie said: "Mr. Yang, such a heavy investment requires very high capital."

"I know that this kind of infrastructure project will definitely use bank loans." Yang Wendong nodded and said, "Don't worry about this. I will take care of the financing."

Changxing Real Estate can handle ordinary small loans on its own, but for such large infrastructure projects, he needs to come forward in person, just like the previous loans in Japan;
And if there is a stable repayment guarantee, then such a loan project is a very high-quality cooperation for any bank, which may also become a bargaining chip in other aspects. Zheng Zhijie said: "Okay, then what are our core requirements?"

Yang Wendong said: "You are responsible for the technical aspects. I will not be involved too much. Once the project is almost negotiated with the Hong Kong government, we can find a few qualified overseas companies to quote. Our people don't have to be able to build it, but they still have to be able to maintain it in the future."

Zheng Zhijie nodded and said, "Okay, but although we have some construction companies affiliated with Changxing Real Estate, they are small in scale and low in technology. I think we can consider acquiring a stronger construction company, especially one with experience in large-scale building or infrastructure construction."

"Similar to the Kinmen building?" Yang Wendong asked.

Although Hong Kong is small, it has everything it needs. It has many companies that are doing very well in different fields. Among them, there are many construction companies in the infrastructure sector, such as Gammon Construction, Anderson, Harbour Engineering, etc., which are good at building buildings, roads, ports and other facilities.

Zheng Zhijie nodded and said, "Yes, we also sent people to learn from the container terminal project in Singapore. The feedback they gave us was that our people had a poor foundation in construction in many aspects."

"Aren't these people poached from some big construction companies?" Yang Wendong asked in return.

Zheng Zhijie said: "Yes, but without team experience, it's still not good enough."

Yang Wendong nodded: "What you said makes sense. If technical problems can be solved by poaching people, then many small companies will not be able to grow big."

Poaching can indeed solve many problems, but it takes a long time to be effective. Otherwise, those entrepreneurs in the past would not have been able to become technology and Internet giants. When Google was rising, Microsoft also poached people crazily, but it was useless.
Zheng Zhijie continued: “So I think we should also acquire a construction company, so that when the real estate market recovers, we can invest again and do our own business;
In the future, our expansion into Hong Kong's container terminals, tunnels or other infrastructure will also be helpful, or even overseas investments like Fok Ying-tung did."

"Well, you are right." Yang Wendong agreed and said, "Which company do you think is suitable?"

Zheng Zhijie replied: "Mr. Yang, the Golden Gate Construction you just mentioned is very good. It has rich experience and it also has a building in Central, which is very suitable for us. It is also a listed company. Its market value is not low, about 1 million Hong Kong dollars."

"Kinmen?" Yang Wendong smiled and said, "You said it all. They are experienced and have good business. Plus, they have a building in Central. The market value is 100 million, which is normal."

In this era, many British companies have been listed. After all, it is so satisfying to reap the profits after going public. Many large companies make more money from the stock market than from their own business.

It was difficult for Chinese capital to go public, so in 1969, the Far East Exchange was established, and since then Chinese giants have begun the road to listing.

Zheng Zhijie then said, "There is another problem. If we negotiate the acquisition, it will be fine. But if the management of Kinmen Construction disagrees with our acquisition, we can only launch a hostile takeover. In this case, the impact on the entire society will be great."

"We do need to be cautious about this matter." Yang Wendong also agreed and said, "It is not a good time to take tough measures against British capital. So, we should first investigate all the situations of Kinmen Construction. We can gradually acquire their shares on the stock market and then make a decision in the future."

The ceiling of business is ZZ. Although he can achieve today's results partly by himself, the name of the Commonwealth also has a certain effect. Otherwise, if an African had developed an industry, it would definitely not be under control. Even though Hong Kong is a city, it is also a member of the Commonwealth, and other capitals dare not challenge the rules excessively.

Of course, this is also because when the scale is small, no one knows the future. Otherwise, it is just as dangerous in the early stage. Many small businesses can develop smoothly but are not taken seriously. Once they become large, it will be difficult for big capital to operate.

With regard to British capital, it was necessary to wait until at least the 70s before a tough stance could be adopted. However, if it was negotiated for acquisition or investment like Watsons or Hutchison, then there would be no problem, and the Hong Kong government and the United Kingdom would also be happy to see cooperation between Sino-British capital.

Zheng Zhijie agreed and said, "Okay, I'll discuss it with Mr. Fang right away."

"Okay." Yang Wendong nodded and said, "Tell me when you have collected the information. I will take action when I am sure."

The current chaos in Hong Kong is actually just the beginning. In two months, it will become even more serious, and then the following year will be the same, with Hong Kong's stock market and real estate both plummeting.

At that time, it was the golden time for him to take action against Kinmen and even many British companies.

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(End of this chapter)