Chapter 657 The early major layout of the United States
I am not planning to make much money on this project when I participate in the construction of affordable housing. I just hope that during the real estate crisis in the next two years, many of my internal construction workers or their own third-party construction teams can do something, and the unemployment will not have a big impact;
Another point is to be more attentive to your own team, build the house better, enable the applicants to live better, and use some technical models to ensure that greedy people can not participate or participate less, which is also a good choice.
This is what Yang Wendong tried his best to do. As for promoting his low-rent model, it is not the right time at this time. At least the land price is very high, and even if you choose a remote location, it is not cost-effective. It is better to wait for the next two economic crises to find a way to buy land. Even if the low-rent model does not work, the land can still have other value after buying it.
Hong Kong Lights and Hutchison Huang, representatives on both sides continued to use their strength in secret, while promoting Hutchison Huang that Hong Kong Lights had controlled Hong Kong Lights, while on the other hand, they tried their best to promote Hong Kong Lights as independent. Both sides seemed to have a tacit understanding and did not show off directly. In this way, Hutchison Huang's stock market continued to rise sharply;
Under the operation of several joint bank groups such as Hang Seng Bank, Standard Chartered Bank, HSBC, etc., Hutchison Group borrowed a huge sum of money from them, one was to increase the operation of Hong Kong Lights stocks and other businesses, and the second was to buy land in joint venture with Hong Kong Lights, and then pay off the debt;
What is more confusing to Hutchison Whampoa is that even if it is a joint venture, Hong Kong Ding does not pay, but uses the joint venture stocks as collateral to make loans from banks. Hutchison Whampoa still needs to participate in guarantees, and even the insufficient Hutchison Whampoa still needs to pay for money, which is completely a grasp of Hutchison Whampoa;
However, this model itself is a joint venture between many British and Chinese capitals, because everyone knows that once a joint venture is established, it is completely up to the Chinese capitals to decide. There are too many tricks in it, and British capital companies will inevitably lose a lot. Naturally, before the joint venture is established, try to avoid risks and ensure that their interests are not damaged;
Overall, as long as the real estate market continues to be good, this model will still make a lot of money after the project is completed. Faced with the Chinese founders who started from scratch, those British-funded teams who only know how to keep their ancestral business are simply unable to compete.
Qi Dezun also knew this, and for the sake of more final profits, he naturally agreed. Although doing so would bring extremely heavy debt to Hutchison Wong, as long as the project was developed for a few years in the future, Hutchison Wong could make much more profit than Hong Kong Ding.
And more importantly, such large-scale project cooperation, even if it loses money from the account, the stock market is affected by this, and the stock price has risen sharply. Because the normal stock market does not only look at how much money the listed company makes today, but how many existing projects are, how much potential returns will be in the future, etc.
As the largest British giant in Hong Kong, Hong Kong Lamp has high-quality land and skins all over Hong Kong Island, and some of its value is still above Milk International. You should know that Land has spent such a great price to acquire milk, but He Huang successfully "acquired" Hong Kong Lamp in peace and obtained its real estate development rights and obtained a very stable share of power generation business;
In the eyes of many shareholders and even stock market critics, Qi Dezun's trick is obviously much better than the type of Land, and the cost is much smaller, but he can make most of the profits and does not offend people. Especially now that the stock price of Land, the company has fallen, and many investors have found that they have lost money. Even though Land has no problem with the legal principles, they have been scolded by countless people. His business reputation in the stock market has been completely overdrawn by one move. Even if Land finally makes a profit, it is far from comparable to Harbin.
The stock price of Hutchison Whampoa naturally rose better. In a short period of time, the market value exceeded HK$6 billion, becoming the second largest listed company in Hong Kong, second only to Land. Some stock commentators are even predicting when the market value of Hutchison Whampoa will exceed Land.
The rise in Hutchison stock market has also brought great opportunities to Changxing Finance's gradual cash-out. In order to cooperate with the market, TVB and Changxing Media have also begun to large-scale public opinion to Qi Dezun and Hutchison, claiming that they are the number one British capital in Hong Kong, and Hutchison will definitely be the top company in the future.
Yang Wendong also took everything into consideration. Although history has changed a lot, his current value and status have been able to participate in the influence of history.
However, compared with the achievements he has achieved in Hong Kong, he cares more about the global market. After all, in the Hong Kong market, he can only make money. Whether in the stock market or the real estate market, he can indeed make very considerable profits and stable returns. However, no matter how good he develops at this level, he will at most be a big Li Ka-shing in the future, and he will not even be Li Jiacheng;
In history, Li Ka-ki's wealth was actually not much smaller than that of Li Ka-shing, but his main wealth was in Hong Kong, while Li Ka-shing was fully diversified. Therefore, in his previous life, too many people thought that Hong Kong's housing prices were mainly owned by Li Ka-shing, which was really a bit unfair to him. Among the four major families, the others were definitely no less than those who had troubled real estate in Hong Kong.
As for global business, the core of Changxing Group is still in manufacturing, especially the electronics industry, which will be the only industry to overtake;
July soon entered, and Yang Wendong came to the United States again. After having a private plane, his travel was much more convenient. The arrangement was made, that is, he would sleep at night and rest for a few more hours on the plane, and he could arrive anywhere in the world.
After arriving in Los Angeles, Yang Wendong immediately came to Wilhel Avenue, one of the most prosperous streets in Los Angeles. At this moment, in front of Yang Wendong's location, a large floor is under construction;
Zheng Zhijie, who is in charge of real estate business, said: "Yang Sheng, the building in front of me will become the first hotel in the United States in the next year and a half. The hotel has a total of 828 rooms, and it also has supporting measures such as high-end restaurants, gyms, swimming pools, etc. It is a top-notch hotel even in the United States."
"Of course, the budget of 36 million US dollars is not enough to build luxury without building it." Yang Wendong said with a smile. He naturally knew that the budget for this hotel was so large; in this era, the US dollar was still very valuable. The total cost of the two World Trade Center buildings in the center of New York was only US$700 million, which are two world's top super buildings;
The scale of Four Seasons Hotel naturally does not need to be compared with the World Trade Center, but the budget of 36 million US dollars is still far exceeding the size of the hotels they travel with;
This is also because the positioning of Four Seasons Hotel is a super-high luxury hotel, because the traditional five-star market positioning has long been snatched away by Hilton and InterContinental, and can only compete in dislocation; the second is that it knows the future and is optimistic about the future Los Angeles economy. Whether it is Silicon Valley or Hollywood, it will be at its peak in the next few decades, which will naturally drive the entire Los Angeles service industry.
Zheng Zhijie said: "Yes, this is also thanks to the financial support of Citibank. Otherwise, it would be very difficult for us to put out so much money. Now Watsons' Red Bull has begun to promote on a large scale in the United States, and the demand for funds is still very high."
"Well, his publicity is a project that cannot be mortgaged, and he can only use his own funds." Yang Wendong nodded and said, "So if you are doing property projects in the United States, then you can use loans if you can use loans. If you have mortgage projects, you can even lose money in the future, including the property at Best Buy."
Although many of its own projects made a lot of US dollars in the United States throughout the 1960s, they did not transfer back to Hong Kong at the beginning, just to have enough US dollars when they need it in the future;
By the 1970s, many of its own businesses began to invest in the United States, especially the terminal retail industry for the US market. Because there was too much capital involved, the funds previously reserved were insufficient, so naturally, they had to use as much bank funds as possible, which is also a normal business situation.
"Okay, I understand." Zheng Zhijie nodded.
Yang Wendong said again: "These two years have been the most difficult years for us in the United States. When our investment in the United States returns, especially the electronics industry, our capital situation will be much better, and it will be much more convenient at that time."
Best Buy's investment is also very huge, because it requires the construction of terminal retail malls in multiple cities. Even though they are located in the suburbs, there are relatively large numbers, and in terms of returns, they are still losing money. Because the purpose of Best Buy's investment is to explode in the future electronics industry, but it is not time yet, but it is precisely because there is no time that all parties' local American capital will not be interested in this kind of market, which gives Best Buy the opportunity;
Once Best Buy successfully invested a lot in the early stage and occupied many cities, it would be too late for other capitals to enter the market again, and they would have a long-term and stable return market. Even if the era of online shopping is coming in the future, it will be difficult to make it with the efficiency of American express delivery. Especially when Best Buy is building, it is also working hard to do after-sales service. This is the biggest moat;
Another point is naturally gaming arcades. This market explodes earlier than personal computers. Although this market is far behind the various electronic giants in the future, it is easy to form a dominant situation in the early stage, which can also provide huge profits. In the short term, it is not even worse than the real estate market in Hong Kong.
Zheng Zhijie also understood a lot of the boss’ investments in the United States, and smiled and said, “I understand, just like we were in Hong Kong ten years ago. At that time, our real estate investment in Hong Kong was similar.”
"Yes, but ten years have passed in the blink of an eye, and time is so fast." Yang Wendong also felt a little moved about the past and said, "There is nothing good here. Let's go to Intel together, and there is new progress there."
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(This chapter ends)