The birth of the Hong Kong Island family

Late May.

Cheung Kong Properties and Ho Tung Properties signed a contract - a contract to jointly develop 40,000 square feet in Happy Valley. The two parties established a cooperative company - Tung Cheung Properties. The Ho Tung family held 55% of the shares in the land, and Cheung Kong Properties was responsible for all development project costs. 45% of shares.

The subsidiary contract stipulates that Cheung Kong Real Estate needs to guarantee the Ho Tung family a profit of HK$500,000. In addition to the land price of HK$1.3 million, the Ho Tung family needs to receive HK$1.8 million.

After signing the contract, He Dong said with a smile: "Young man, don't mess up your trick of borrowing a chicken to lay an egg, otherwise you will go bankrupt!"

At this time, Ho Tung didn't understand what Lin Zhichao was doing. Of course, he was originally planning to sell the land for HK$1.3 million, but now he can get more than HK$1.8 million within two years. Naturally, he is happy to see the result.

Moreover, he doesn't care what Lin Zhichao does, anyway, the contract stipulates that he only needs to get 1.8 million Hong Kong dollars, otherwise Lin Zhichao will owe him.

Lin Zhichao said confidently: "Don't worry, Sir He. If you mess up, I will work for you to pay off your debt."

He Dong smiled and patted Lin Zhichao on the shoulder, then left.

In the new company, the Ho Tung family did not send anyone, and they did not even come to check the accounts before the house was sold.

The office of Dongchang Real Estate is located in the office building of Changjiang Real Estate. In fact, it is a company, and the original team is used; but this time, Lin Zhichao will not rush to construct the 40,000 square feet of land. Anyway, the contract stipulates that 30 The development was completed within months.

Lin Zhichao convened the company's management and employees, and announced: "Next, each department will double the number of people. After all, we are going to develop three projects now. Manager Li, please prepare for the recruitment."

Li Gaofu is now the office manager and also serves as Lin Zhichao's assistant. He earns a monthly salary of 200 yuan and enjoys a double bonus at the end of the year. Compared with his benefits last year, they are much better. Of course, the more important thing is that he has a future.

"Okay, boss, I will send out the recruitment immediately and arrange the application time."

Lin Zhichao continued: "The Happy Valley project is very big, so there is no need to rush. We will finalize the Yau Ma Tei Magic Street project first."

Everyone nodded and looked at Lin Zhichao with admiration. They didn't expect that the boss, "White Wolf with Empty Gloves", would let the famous He Tung family give them the land of Happy Valley for development.

As for development funds, they have already thought that the boss will use bank loans and sell off-plan properties to solve the problem.

as expected.

Afterwards, Lin Zhichao came to the general manager's office of Bank of East Asia and found Jian Dongpu.

After introducing this cooperation project in detail, he said seriously: "Mr. Jian, the prospect of this project is very promising. It is expected to provide 130-story residences in Hong Kong. If it is sold next year, it is expected to obtain more than 3.5 million yuan." Sales."

Jian Dongpu was already looking at Lin Zhichao with a shocked attitude at this time; he didn't expect this young man to come up with such a big project this time and get the cooperation of the He Dong family. Is this something a 20-year-old young man did?

If Lin Zhichao knew what Jian Dongpu was thinking, he would definitely think that he was making such a fuss. This kind of operation would be regarded as basic behavior in future generations.

"You don't want to pay a penny in this project? And do you have any collateral?" Jian Dongpu said funny.

Lin Zhichao said: "There is a collateral. The land held by Dongchang Real Estate is worth 1.3 million Hong Kong dollars. According to the 60% mortgage, you can get a loan of 780,000 Hong Kong dollars, so I plan to take a loan of 700,000 Hong Kong dollars and pay it off within two years."

He has a large amount of gold in his hands, so he naturally has no worries, otherwise he would really not dare to bet that Jian Dongpu would lend it to him.

Jian Dongpu smiled and said: "You are making such rapid progress, don't worry if something goes wrong that day, you will ruin the good start."

Nonsense, as long as the real estate environment remained unchanged before 1949, Lin Zhichao was a sure winner.

Lin Zhichao said calmly: "I still have some money, but I just don't want to invest it all in real estate!"

Jian Dongpu was stunned, and then nodded. He didn't doubt Lin Zhichao's statement, because this young man was too calm, and he didn't show that he was burdened with huge debts at all, so Lin Zhichao believed that he still had money.

In the end, Jian Dongpu used the entire Yangtze River Real Estate as a mortgage and loaned Lin Zhichao 750,000 Hong Kong dollars.

With this HK$750,000, the Happy Valley project can be started without worrying about funding. The interest of HK$750,000 (approximately HK$230,000) was paid by Dongchang Real Estate. Anyway, he only needed to make Ho Tung a profit of HK$1.8 million.

Of course, this 750,000 loan requires a payment of 500,000 to the Ho Tung family, and within one month. The remaining 250,000 Hong Kong dollars, in fact, cannot fully leverage this project; but before the construction of the Happy Valley land started, Cheung Kong has withdrawn a lot of funds, so there will be no problem.

According to Hong Kong media reports, Cheung Kong Properties and the Ho Tung family jointly developed a 40,000-square-foot site in Happy Valley, and the Bank of East Asia loaned HK$750,000 to Cheung Kong Properties. These news shocked the entire Hong Kong business community.

No one expected that Changjiang Real Estate would get the cooperation of two business leaders with nothing. At the same time, some people who wanted to trouble Lin Zhichao, such as the real estate developer who failed in the bid for Happy Valley, immediately died down. After all, Lin Zhichao is also a person with a background now.

The three words "Lin Zhichao" began to rise in Hong Kong's business world!

Cheung Kong Properties has become a "revolutionary" in Hong Kong's real estate industry and a model for all real estate developers to learn from.

Nova Newsstand

Jin Bingwen looked at the newspaper in disbelief, and said loudly: "Chao Zai has made a fortune! After five months of resignation from me, he has become a real estate tycoon! When we meet now, I'm afraid I have to call 'Boss Lin'."

As soon as the words were finished, Jin Bingwen's wife and Ah Cai came together one after another.

"Old man, what are you talking about? Chaozi got rich?"

"Boss, has Chao really gotten rich?"

Jin Bingwen pointed to the news in the newspaper and said: "Look, it says that 'Cheung Kong Properties' and the Ho Tung family are cooperating to jointly develop a residential land of 40,000 square feet in Happy Valley. A total of 130 floors of residential units, with a total investment of more than 2 million Hong Kong dollars (including land)."

Ah Cai said strangely: "What does this have to do with Ah Chao?"

Jin Bingwen said tremblingly: "This Changjiang Real Estate has been established for four months, and their boss is called Lin Zhichao. Do you think it has anything to do with it?"

Jin Bingwen's wife and Ah Cai were dumbfounded, with expressions of disbelief in their eyes.

"Jin Yawen, here's a copy of the Industrial and Commercial Daily!" Coincidentally, Li Shengtang, the owner of Po Chai Pills, came to buy a newspaper.

Jin Bingwen quickly handed over a newspaper and said, "Boss Li, do you still remember that Chaozi who sells newspapers here?"

Li Shengtang said with a smile: "The other person is not Chaozi who sells newspapers, but the big boss of the real estate company. I have to call 'Boss Lin' when I meet him. I said Jin Bingwen, I didn't expect you to fly out here What a real dragon!"

Jin Bingwen pointed at the newspaper and said in surprise: "Is this boss of Yangtze Real Estate really the boss Lin Zhichao who surpasses me?"

Li Shengtang read the news, and said in the same surprise: "It's incredible, I only sold a house of 500,000 at the beginning of the month, and now I'm investing 2 million in real estate. This can't be sold for three to four million Hong Kong dollars! Genius! Next time I meet, We must have a few more words.”

After paying the money, Li Shengtang read the newspaper with relish, leaving Jin Bingwen, his wife, and Ah Cai with shocked expressions.

Especially Ah Cai, who suddenly remembered Lin Zhichao's original words and murmured to himself: "What he said is true!"

Thinking of this, he ran to the roadside and shouted loudly: "Shocked! The owner of a real estate company turned out to be a newspaper seller."

"Neuropathy"

"You are the only one who sells newspapers, and you still want to be the owner of a real estate company."

Ah Cai's face turned red as he was crowded around, but he didn't dare to talk back, so he could only return to the newspaper stand in shame.

"Ah Cai, you are not that material, stop dreaming!" Jin Bingwen did not forget to hit Ah Cai.

"That is, whether this person can make a fortune, I can tell at a glance. When Boss Lin was working here, his temperament, eloquence, and brain, you said he was not developed, were all struck by lightning. Just you You are just a newspaper seller all your life, and you have to ask me to take you in." Jin Bingwen's wife said snobbishly.

Hearing the sarcastic remarks from the landlady, Ah Cai became even more embarrassed and could only work honestly.