Chapter 570 Wan Cao Gong

Chapter 570: Millions of Canal Workers
There have been many land kings in Hong Kong's history. There are different land kings in every era, but some of them can be used to build the top buildings in Hong Kong's history.
The reclaimed land in Central in 70 was one of them. Originally, this land was won by Swire Properties at a bid of HK$2.58 million, and then a 52-storey Connaught Building was built. This building was the tallest building in Hong Kong in the 70s until it was replaced by Wo Hop Building in the 80s.

But this building will always be a well-known landmark in Hong Kong. Even after the new century, when many buildings have 70, 80 or even more than 100 floors, when people take pictures of the Victoria Harbour, the pure white color of the Connaught Building (later renamed Jardine House) still easily attracts people's attention.

In terms of location alone, even the future IFC cannot compare to Kangle Building.

Zheng Zhijie continued: "Yes, the location of this land is very good, close to Victoria Harbour, and the area is large enough. The plot ratio given by the Hong Kong government is 13.2, which means that we can build a building of about 70 feet (7 square meters);

With such a great location, it will definitely be the No. 1 building in Hong Kong for a long time to come.”

"70 square feet, great. Then sign up now. We want to take over this piece of land?" Yang Wendong nodded and asked, "What are the plans of other financial groups?"

70 feet (7 square meters) may not be a big deal in front of a super high-rise building in the past. Even some small cities in the mainland have larger buildings than this.

But it was the early 70s, and there were not many top-level buildings in Asia. Most of them were to stories high, and such small buildings did not require a large land area, so the building area was naturally not large.
Because of the low value of land, it is not cost-effective to build a super skyscraper with high cost. Only when the real estate price develops to a very high level, the unit area value is high, and the land is scarce, then it is worthwhile to build a super skyscraper.
This is also the reason why 70- or 80-story buildings will be common in Hong Kong, Tokyo and other cities in another 20 years.

Zheng Zhijie replied: "Jardine Matheson, Swire, Wheelock and some European, American and Japanese financial groups have also registered. The value of this land is enough to attract all financial groups."

"Good things always have competition, that's normal." Yang Wendong followed up by saying, "Then let's compete normally. In fact, it's just like the port. What's being competed for is not who has more money, but who has more confidence in Hong Kong."

Real estate is a confidence economy, and the same is true for auctions. No one can know the future situation, so under normal circumstances, any piece of land has a reserve price for each consortium, and it is impossible for it to increase in value indefinitely.
Only Yang Wendong, the time traveler, dares to move forward with confidence because he knows the future; even though history may have changed greatly because of him, the economic development at the macro level will not be affected by him.

Zheng Zhijie smiled and said, "Okay, the auction should be in June."

Yang Wendong nodded and said, "Okay, I'll go there then."

When it comes to this level of land king, he will naturally get involved. Once he gets this kind of building, he can collect hundreds of millions of yuan in rent every year in the future. This is also the terrifying part of Hong Kong's real estate industry. The benefit ratio is too high.
Under such circumstances, industries would inevitably collapse. If Changxing Group had not also developed by relying on its golden fingers to know the future and seized some golden opportunities, it would have been impossible for it to surpass Hong Kong's real estate.

"Then this auction will definitely be very exciting, and Hong Kong's confidence in the future will definitely be stronger." Zheng Zhijie was also very happy. With so many large-scale auctions this year, it will definitely boost Hong Kong's real estate and stock markets.

"Of course, Hong Kong will definitely be the most dazzling city in Asia in the future." Yang Wendong smiled and said, "But we can't just focus on Hong Kong. After all, this city is too small, and we can't just develop in Hong Kong;

Has the cooperation with Toyota been finalized? Building car sales outlets in Southeast Asia? "

No matter how much money real estate makes, the foundation of Changxing Group and Yang Wendong is still the powerful industry. Without industry, no matter how big the business is, it is just money in the bank card;

Just like Pao Yu-kong in the 80s, his net worth is actually not as good as that of the four big families in the 90s. But the four big families only dominate in Hong Kong. If they really go out, they are just a local bumpkin. Countries like Europe and the United States will not pay any attention to you. But a shipping tycoon like Pao Yu-kong is welcomed by presidents of small countries or ministers of big countries wherever he goes.

The orders brought by shipping are only one-time, while the economy driven by large factories exists all the time.
The same is true for the retail industry. Although it belongs to the service industry, its impact on the manufacturing industry is no less than that of large factories. In the past, Walmart's purchase orders could easily determine the rise and fall of a city.

One of my current goals is to build a terminal automobile sales store covering Asia and even other states. As long as the layout is early enough and successful, it can reversely affect many automobile companies. This is also a huge influence. Even if I have the opportunity to enter the automobile industry in the future, having such a huge sales channel will also be a guarantee of stability.

Zheng Zhijie replied: "Toyota has authorized us to build sales and after-sales stations in six cities in Southeast Asia. The investment scale is very small. After the stations are built and operated for a period of time, we will look at the results and then decide on the next step of cooperation."

"Okay, let's build six first. It won't cost much anyway." Although Yang Wendong knew the investment would not be huge, he was very concerned and said, "Send someone to learn about the local car market, and recruit people or learn from other successful car stations. We must do a good job in cooperation with Toyota, so that we can take the next step and have the opportunity to undertake other cars."

The initial cooperation between large companies is generally very cautious. You have no experience and Toyota is unlikely to give you much authorization. Cooperation is also tried step by step. If a small cooperation is successful, then a larger cooperation will be carried out, and if it is successful, it will continue to expand.

Zheng Zhijie agreed, "Understood. I will assign someone to be responsible for this information and will give it to you for review once it is completed."

"Okay, then I'm waiting for your good news."

Yang Wendong nodded. Although he attached great importance to this industry, it was just the beginning after all, so it was not necessary for a big boss like him to focus on the details. It would not be too late to evaluate it after there were some results, whether good or bad.

On April 4, construction work had begun at Kwai Chung Wharf. A large number of medium-sized machinery and equipment plus thousands of workers began to arrive gradually to carry out the initial foundation leveling work. With the experience of the first wharf, Kinmen Construction can be said to be familiar with the work.

Yang Wendong and many senior executives of Changxing Real Estate Company also came here. Zheng Zhijie introduced: "Mr. Yang, according to our plan, Pier 1 will be completed within one and a half years, and will start trial operation around the end of 71."

"So fast?" Yang Wendong asked with a smile.

Zheng Zhijie said: "Yes, now we have dispatched enough manpower and material resources, people stop but machines do not stop, working 24 hours a day, and as the party A, our project payment is also very fast, which gives each engineering team enough motivation;
In addition, in terms of food and accommodation, we also require suppliers to do better than the industry average to ensure that employees have enough rest, nutrition and a better work attitude. "

"Haha, very good. If you treat employees well, they will naturally pay attention to it." Yang Wendong nodded and said, "We should do this for all projects in the future. It doesn't cost much, but the time and efficiency saved are definitely more cost-effective."

Changxing Group's salary packages for employees are generally slightly higher than other companies of the same level, but this is also limited. After all, the social level is here, and it is impossible to give European and American level wages;

However, the various benefits, meals, subsidies and the like are much better. These do not actually cost much, but they can stabilize employees and increase their enthusiasm.

However, if the person is not an employee of Changxing Group, such as a supplier, Changxing Group generally will not ask too many questions. After all, it is not the responsible party. At most, it will pay a little attention during the audit.

But if it involves their core business, they will also ask suppliers to make improvements.

"Yes, anyway, Kinmen Construction is also our subsidiary, and the foreign team they found has also had a lot of cooperation experience with them." Zheng Zhijie added: "In the future, many properties within the group will also be prepared for them to develop and build, and they can be regarded as half of the group."

"Okay, in principle it's just mutual benefit. We make big money, so there's no need to save such small amounts of money. Whether it's for quality or reputation, it's necessary to take care of these people." Yang Wendong nodded and said.

As a time traveler, he has so many ways to make a lot of money. Even if he doesn't build factories, build infrastructure, or even touch high-tech industries, he can easily become the Buffett of Asia, or even stronger, just by relying on real estate and finance.
But since the main business now is industry and infrastructure, and he has millions of dock workers under him, he should naturally be a little nicer to them. In this way, these people will protect his own interests, especially in his headquarters in Hong Kong.

"I understand." Zheng Zhijie agreed and said, "Mr. Yang, there is one more thing. Hong Kong's real estate economy has been developing very well recently, as has the processing industry. This has led to a shortage of people in many places, including our port construction.
Now we either have to spend a lot of money to recruit people from other places, or there is another way, which is to use the large number of immigrants overseas."

"Overseas immigrants? I remember they can also get Hong Kong identity cards, right?" Yang Wendong asked back.

Before the 80s, Hong Kong’s policy was that if outsiders could come to Hong Kong, they could easily obtain legal Hong Kong citizenship;
Zheng Zhijie said: “Yes, but these people have just arrived in Hong Kong and basically have no place to live. If we want to use these people, we have to solve the accommodation problem;

Mr. Yang, with so many people living together and us not knowing their background, the risk is too great, but they can also solve the problem of insufficient manpower, so I can’t make a decision. "

"The accommodation problem is indeed a problem." Yang Wendong also agreed.

When Changxing Group was first established, it included accommodation, but it was actually very risky. One was that thousands of adult men gathered together, which could easily lead to disputes. The second was the danger of fire.
So later, as Changxing Group grew larger, they would rather give transportation subsidies and arrange bus transportation than build large dormitories. Of course, many employees still welcome this because of family needs.

If some people are forced to live in the area, the group's human resources and administration department would rather build small dormitories near the factory and spend more money to avoid collective incidents.

After a while, Yang Wendong said, "Well, we still need to hire people, but only those from the mainland who can speak Chinese, and none of those who can't.

In terms of accommodation, we should learn from Changxing Industrial and build dormitory buildings in many places in Kwai Chung. One building is enough for about 200 to 300 people to avoid large-scale concentration.
Then we will select those with good senses from among these people to take time off to maintain order. If anyone makes trouble or does not comply with safety regulations, they will be fired directly. "

Over the years, many people from the mainland and Southeast Asia have flocked to Hong Kong. The numbers are so large that it is difficult for any company to avoid dealing with them, so policies need to be formulated to deal with these people.

Relatively speaking, he naturally prefers to employ people from the mainland, and these people generally have stronger academic qualifications and knowledge, and are more in line with his requirements;

Of course, if the number is large, all kinds of people will be there, so we have to avoid problems.

With millions of canal workers, there must be very strict management measures, otherwise it will just be chaos;
These people are my dependence, and I am also their dependence.

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