Chapter 207 Another huge loan and a new real estate feast

Chapter 207 Another huge loan and a new real estate feast

What is the concept of 8.5 million square feet?

Many people may be a little confused about this, but Ta Kung Pao clearly gave the answer, that is, a rectangle of 0.8*1km. This concept immediately made people understand.

“8.5 million square feet?” A young man reading a newspaper was so surprised that he was speechless.

"850, right?" asked someone next to me.

"See for yourself."

"Let me put it into perspective, my house is not even 300 square feet in such a large area, and it has to accommodate 6 people."

"Yes." Several more people participated. Come in and discuss together.

They are all ordinary people who can only envy the super tycoons and have no idea about the concept

Central:

Zheng Yutong was just about to have breakfast when he suddenly saw the dazzling headline on Galaxy Daily: 8.5 million feet.

He quickly threw the bread aside, picked it up and started reading.

Zhou Cuiying next to her asked strangely: "What's wrong?"

"Look." Zheng Yutong handed the newspaper to his wife.

Zhou Cuiying took a look and shouted loudly: 8.5 million square feet?

Zheng Yutong said: "Yes, a total of 8.5 million square feet. It is estimated that few real estate companies in Hong Kong have such a large area reserve."

Zhou Cuiying said: "But this is industrial land? It is still different. "

Zheng Yutong shook his head and said: "It is true that it is industrial land, but as long as it is in your hands, it is yours. That is the most important thing."

"You are right. But they can only get this land by relying on industry to solve the problems of the Hong Kong government." Zhou Cuiying shook her head and said, "It is impossible for us to do the same."

Zheng Yutong nodded: "Yes. , I can only envy it. After several years of hard work, I only have a building area of ​​one million square feet.”

Cheung Kong Industrial Factory, North Point, Hong Kong Island:

Li Jiacheng looked at the newspaper in his hand and was so shocked that he even forgot to drink water.

Zhuang Yueming, who was standing next to him, came over and saw Li Jiacheng's expression was a little strange, so he asked: "What's wrong?"

"Look at this." Li Jiacheng handed the newspaper to him. After passing by, Zhuang Yueming was shocked when he saw the title: "This Changxing Industrial factory needs With such a large area, we are planning to recruit tens of thousands of people?”

“Tens of thousands is not surprising,” Li Jiacheng said: “We have 7,000 people in our Yangtze Plastic Flower Factory. Several products of Changxing Industrial. The sales volume is no worse than that of plastic flowers, and it is normal to need tens of thousands of people.

This area is indeed big enough, more than ten times that of our factory. "

Zhuang Yueming took another look at the content of the newspaper in his hand and said: "Maybe it's because their luggage production equipment is very large and can only be placed on the first floor; unlike us, we can put the equipment in the middle. On the floor, naturally a large area is required. "

"This is reasonable. Li Jiacheng nodded and said: "Looking at the description in the newspaper, Yang Wendong paid for this industrial park. It will be the same in the future. He will build it and then rent it to his own suppliers or other injection molding factories."

It seems that he is also very optimistic about the future real estate market, otherwise there would be no need to invest all by himself. "

"If you are optimistic about it, others will naturally be optimistic about it too. "Zhuang Yueming smiled and said: "And his trading company is now beginning to grab the market that used to be imported by foreign companies that imported plastic particles;

If he uses this industrial park to bring other plastic factories together, it will be more convenient for him to completely control the import market of plastic particles. "

"Yes, this development speed is really fast. "Li Jiacheng was very emotional: "In just a few years, there seems to be a trend of becoming the first person in Hong Kong industry. ”

“His products are so creative and their global demand is huge. It’s normal that we can’t compare with them.” Zhuang Yueming consoled him: "Besides, aren't you also not optimistic about the plastic flower market and are you planning to do real estate?" ”

“Yes, there is still a huge demand in the plastic flower market, but now that many small factories can do it, we will no longer be able to have the previous profit margin. Li Jiacheng paused and said, "I will make money from the plastic flower market for a few more years, and then I will invest in the real estate industry." "

"Okay. "Zhuang Yue said with a smile.

Although it is an industrial land with an average location, the area is so large that Yang Wendong estimates that the income that his industrial park will generate in the future will not be as good as his own land in the future.

This can be regarded as the tragedy of Hong Kong's manufacturing industry. Many factory owners have worked hard for decades, only to find that the income is not as much as buying a house in the early stage and listening to music every day.

On the third day after the Hong Kong newspaper publicity, Yang Wendong made an appointment with Bai Yushan.

After a passionate exchange, Bai Yushan asked in confusion: "Brother Dong, although the land you took is large enough, it is industrial land, so you can only open a factory.

Even if the nearby real estate appreciates, its value will increase, but it will be difficult for you to cash out because it is too large. ”

"In the short term, I have not thought about cashing out development." Yang Wendong smiled and said: "But I am very optimistic about Hong Kong's economy in the future. Maybe the remote places around every town today will become commercial centers in the future. .

Kwun Tong may not be as good as Hong Kong Island or even Tsim Sha Tsui, but as long as business becomes commercial nearby, the factory can be moved to another location and the land will become vacant. ”

“ That's right." Bai Yushan nodded and said, "If you want to change the industrial land to commercial or residential land, you have to pay the full price difference.

This is basically not a penny less. The government’s financial revenue mainly comes from land sales, and they cannot leave this loophole.”

To convert industry to business, you generally need to apply to the Hong Kong government, and the Hong Kong government will basically agree, because the owner needs it. If you pay a price difference, the price difference is the value of commercial land minus the value of industrial land for the same piece of land.

But this amount is basically non-negotiable, because once the opportunity for price negotiation is opened, many real estate companies will not participate in auctions, but will purchase industrial land and convert it into commercial or residential properties. This affects the foundation of the Hong Kong government's fiscal revenue.

"I know." Yang Wendong nodded and said, "But don't you think the most important thing is to have this land first? This land belongs to me, and it is always possible to turn it into commercial land. ”

The Hong Kong government is indeed very strict with the "industrial reform to business", but it does not mean that there is no opportunity at all. In the original history, Li Jiacheng took advantage of the real estate crisis in 1984 to negotiate with the Hong Kong government to convert the Huangpu Port. Two million square feet of industrial land was converted into commercial land, and later the largest walled village in Hong Kong was built, earning nearly 10 billion Hong Kong dollars.

Even if this trick cannot be replicated in the future, there are other ways. The simplest logic is to "convert industry to commercial" when land prices are low, and then wait until land prices are high before developing.

The location of my land is not as good as that of Huangpu Garden, but its area is almost four times that of Huangpu Plaza. If it is developed in the future, the total revenue is expected to be a little more.

Bai Yushan smiled and said: "Anyway, it will be many years later. The most important thing now is your industrial park plan."

"Yes." Yang Wendong nodded and said: "Now industry is the most important thing." Importantly, if I can create employment for tens of thousands of people, it will not only be of great benefit to me, but also a large number of poor people in Hong Kong as a whole will benefit.”

Although I am not a saint, I may help my compatriots. , he will not be vague, especially since this is also mutually beneficial.

But his principle is to prevent people from starving to death, or from having difficulty living with water and food. As for not being able to afford a house in the future, it can only be said that he does not participate in evil, and he cannot control other things. .

"That's a great achievement, maybe it can be entered into the annals of history." Bai Yushan said with a smile.

Yang Wendong shook his head: "Hong Kong has no history, and we don't expect this. It would be good if we can do it now."

"Yes, that's right." Bai Yushan nodded and said, "I lost weight before. It’s so uncomfortable to be hungry for a day or two. It’s hard to imagine that many children don’t have enough to eat every day.” If you eat too much and dare not eat, the poor have nothing to eat." Yang Wendong said helplessly: "I was the same way a few years ago. I might not be able to eat a piece of meat in a month. How pitiful it is when you think about it."

Bai Yushan asked curiously: "So after you became successful, you wanted to help other poor people?"

"Just help a little if you can." Yang Wendong smiled and said: "So I don't just need industry, I also need a lot of funds so that I can do better and have a more successful career.”

Bai Yushan nodded and said: "If you want to make money quickly, you still have to rely on real estate and shipping, or banks. Your Changxing Industrial is a special case in the industrial world."

"So I don't know how to do real estate and shipping. Let it go." Yang Wendong smiled and said: "I have another appointment with Sanders tomorrow to discuss the cooperation with HSBC. "For Changxing Ten Thousand Industrial Park?" Bai Yushan asked curiously: "Isn't it already negotiated?"

Yang Wendong said with a smile: "This cooperation is negotiated. Yes, but I need an additional loan for another purpose." "Oh." Although Bai Yushan was curious, she didn't ask any more.

Under normal circumstances, Yang Wendong would tell her things that she could know, and she wouldn't ask if he didn't tell her.

The next day, Yang Wendong went to HSBC in person.

"Hello, Mr. Sanders." After being brought into HSBC Bank by a blond ghost assistant, Yang Wendong also met Sanders.

Sanders also knew that Yang Wendong would come, and said with a smile: "Hello, Yang Sheng, please sit down."

The two sat down to chat, and the assistant was also at this time The coffee is served.

Sanders smiled and said, "Yang Sheng, I brought this from England. Please try it."

"Okay." Yang Wendong agreed with a smile. Although he didn't like coffee very much, Sangsang The taxi driver obviously takes this attitude very seriously, so he still has to give him face.

After taking a sip, it was as expected. He felt that although different coffees tasted different, there was not much difference, but he still said: "Good coffee."

"Haha, if Yang Sheng likes it, I'll give you some." Sanders smiled, and then asked: "Yang Sheng, the cooperation in Kwun Tong has basically been negotiated, what do you want from me today? ?”

Yang Wendong said directly: “I want to borrow another loan from HSBC.”

Although the unit price of the land in Kwun Tong is not expensive, the area is too large and a lot of funds are needed. In addition to the future land leveling and factory construction, we will borrow almost 20 million Hong Kong dollars from HSBC, but we have to talk now. , is another sum.

"Loan?" Sanders was a little surprised and asked with a smile: "There is no need for Yang Sheng to come in person for this kind of thing, right?"

Yang Wendong said with a smile: "Generally, it is not necessary. However, this time there is a lot of money involved and there are some things involved, so I want to talk to Mr. Sanders personally.”

There is actually a lot of money in Changxing Industrial’s account. It is still making profits every month, but for real estate investment, bank funds can definitely be used, so bank funds are needed.

Currently, the entire Cheung Hing Group relies on the cash cow of Cheung Hing Industrial for its many large-scale business investments, including the acquisition of a large number of properties in Kwun Tong in the past two months, the purchase of ships by Cheung Hing Shipping, etc. All these combined make Yang Wendong need to use more loans to ensure that the funds in his account are sufficient.

"More? How many do you mean?" Sanders asked curiously.

Yang Wendong replied: "It depends on how much HSBC is willing to lend me. If it's less, 20 to 30 million Hong Kong dollars will be fine. If it's more, 40 to 50 million won't be too much for me."

“So many?” Sang The taxi driver's face changed and he asked: "Yang Sheng needs so much money. Does he want to enter the shipping market? Buy a new ship?"

Sanders can think of projects that can cost tens of millions of Hong Kong dollars. The only option is to buy a lot of new ships.

As for real estate, although it requires a lot of funds, he is aware of all large-scale real estate projects that require such a large amount of funds, and they all have owners.

Yang Wendong smiled and said: "No, I just want to borrow money. The purpose of this money cannot be announced to the outside world yet, including your bank."

In the shipping industry, after his company's team becomes more proficient, he also has I may buy a new ship, and at that time I may also need to cooperate with a big bank like HSBC, but not now.

Sanders frowned and said: "Yang Sheng, if you do this, it may be for some special business purposes, but this will make it very difficult for our bank;

The loan does not have a clear In terms of investment direction, the bank’s risks are uncontrollable and cannot be Monitoring, it is impossible to give too many loans like this."

"I can understand that." Yang Wendong nodded and said, "Changxing Industrial also showed you the financial data before, so here you go. Give me a number, how much can I borrow with this kind of mortgage?”

The scale of Changxing Industrial can no longer be concealed. The export data has become larger and larger. It was reported in some newspapers in the second half of last year, especially after the trolley case was released.

Now this industrial investment in Kwun Tong has shocked the whole of Hong Kong. Therefore, when necessary, Yang Wendong is ready to let Changxing Industrial directly participate in the mortgage.

As for participating in mortgages, some internal financial data will naturally need to be shown to the bank. In fact, it is useless even if it is not given. There is also data on taxation.

Even if Yang Wendong avoids taxes through overseas tax avoidance companies, he still keeps a lot of profits in Hong Kong, just to ensure that the company's accounting data looks good when he needs a loan.

Sanders thought for a while and said: "The profit rate of Changxing Industrial is indeed very impressive. If Yang Sheng wants to invest in the real estate industry, and the real estate itself can be used as mortgage, then I will give it to you here. I think the quota of 30 to 50 million is not a big problem, and the top management of our bank will agree.

It's just that you can't tell us the investment direction at the moment, so I estimate that a loan of 10-15 million yuan shouldn't be a problem. ”

“This is a bit less. Yang Wendong thought for a while and said: "Mr. Sanders, I can tell you that this fund may be used to acquire some real estate in Hong Kong. In this case, after the real estate is acquired, it will be mortgaged urgently. HSBC's Can you mobilize funds for me within a short period of time? ”

The purpose of this loan is naturally to wait for the next run on Liao Chong Hing Bank.

Rescue is impossible. It is not a matter of willingness, but a matter of inability to do so. When a bank is in a run, you don’t need It is about funds, but about restoring the confidence of depositors.

In the past, tens of millions of Hong Kong dollars in cash were withdrawn from Liao Chong Hing Bank in one day, which would collapse the bank's capital flow in a few days. With Yang Wendong's current financial resources, It can't be saved at all.

However, you can still "help" if you can't save it. The Liao Baoshan family will still try their best to save the bank, so they will sell their various properties on a large scale.

These properties are in excellent locations and are the result of Liao Baoshan’s lifelong management. Under normal circumstances, this kind of property cannot be bought even with money. It requires many years of management, through chance opportunities once every few years, and with other real estate giants. Fight to get one of them.

Anyway, if I don’t intervene, these properties will be sold by the Liao family in an emergency. This opportunity can be said to be a rare real estate feast.

It would be a pity not to catch it, and it wouldn’t be adding insult to injury, because if he doesn’t buy it, others will buy it.

"As for real estate, we can discuss it." Sanders was a little surprised, but he also knew that many business activities would not be notified to outsiders in advance.

So he said: "In that case, I will apply for more funds for you, but the premise is that the funds need to be placed in our bank account first. If you buy real estate, that's no problem;

But if If it needs to be transferred to other business activities that cannot be informed to our bank, there will be restrictions on that part of the funds. These will be signed in the contract, how about it? "

"Okay," Yang Wendong agreed.

It is just not convenient for him to disclose his purpose now. When problems arise after the run on Liao Chong Hing Bank and he acquires its properties, he cannot hide it. By then, there will be no need to keep it secret.

The reason why I told HSBC in advance is because Liao Baoshan claims that her assets are as high as hundreds of millions. With such a large amount of funds, it is necessary to inform the banks in advance, otherwise banks such as HSBC and Standard Chartered will have so much liquidity. , and it is impossible to lend a lot to outsiders in a short period of time.

Sanders smiled and said: "Okay, then I wish us a happy cooperation again."

The funds are placed in the bank account, and the borrower also needs to pay interest. If it is really an investment in real estate, the risk is not If it is large, the bank will make more money.

According to the contract, if the other party wants to transfer funds, there will be restrictions, and you will earn short-term interest in vain.

No matter how you look at it, HSBC is not at a loss.

“It’s a pleasure to cooperate.” Yang Wendong shook hands and said.

Generally speaking, even if it is a commercial loan, the bank needs to know the purpose. However, in most cases, ordinary people do not have much funds for commercial loans, so banks are too lazy to confirm it.

Even if something goes wrong, the risk is not high, because these commercial loans are almost always guaranteed by real estate mortgages or other businessmen.

Huge loans from large companies generally have a purpose, and a loan like yours will indeed be somewhat restrictive.

The next day, Yang Wendong went to Standard Chartered Bank again and made the same request. Standard Chartered Bank also had the same attitude as HSBC and only gave a conservative promise.

Yang Wendong also understands this very well. The most taboo thing for banks is this kind of investment without knowing the purpose. If his own factory is not very profitable, I am afraid that this kind of request may not be possible for ordinary businessmen. agree.

In the following days, Yang Wendong personally went to the two banks several times. In the end, HSBC provided a loan of HK$20 million and Standard Chartered provided a loan of HK$8 million.

The funds are placed in the corresponding bank account, and there is also an agreement. If it is used for real estate, all of it can be used. If you want to transfer it to other banks, or do not inform the bank of the corresponding purpose, then just Can get 50%.

PS: Please give me monthly tickets

(End of this chapter)