The Industrial Giant Reborn

Chapter 552 Division of Labor in Real Estate Investment

"Type B official letter in exchange for a land certificate? This is a good idea. It can even bypass the 50-hectare land area limit in the Joint Convention!" Chen Tianfu immediately understood.

Type B official letter land certificate exchange is a special and unique product of Hong Kong. It is almost the same in the world. Its original intention is that in the 1960s, heavy rains and droughts occurred in Hong Kong, resulting in flooding, and the land in Hong Kong could not store water, so Hong Kong The government decided to make great efforts to clean up the canals and build water storage facilities such as artificial lakes.

However, the economy of Hong Kong in the 1960s was far inferior to what it is now. It would be great to be able to allocate funds to engage in infrastructure construction. There was no ability to carry out demolition at all, so the "Type B Official Letter Land Exchange Certificate" was derived. Each land exchange certificate has an area marked on it. With this, in the future, you can apply to the Hong Kong government for land of the same size and have certain priority.

But it has to be in the New Territories. Otherwise, if we take it to Central, there will be chaos? Don't even think about it in a prosperous commercial road in the New Territories. It's basically impossible. The Hong Kong government is not that stupid.

But even so, its value is very high. In the 1960s, the New Territories were equivalent to slums, but in the 1980s it was already very good. Many middle class people who cannot afford to buy in prosperous areas also want to buy a house in the suburbs. .

"Yes, but we are not the only ones who can see this. As far as I know, Lee Shau Kee has been hoarding land certificates on a large scale a long time ago. The amount in his hands now is probably amazing. Several other people should also Not much different." Chen Zhiwen added: "In the future, everyone will probably squeeze in here."

Anyone who has confidence in the future of Hong Kong's real estate market will know the value of this thing as long as they have some brains. Not to mention real estate tycoons, even many small investors may understand it.

However, there are too many opportunities in Hong Kong in the future, and it is impossible for any consortium to start in multiple directions. For example, the Chen family has given priority to directly annexing several large British-owned real estate companies, or some properties and land in high-quality locations, including Chen Tianfu's It has been the same in the past two years, but it has been suppressed by Chen Zhiwen's halo.

The Li Jiacheng consortium chose to directly purchase a large amount of land. The other companies also had their own directions, and even reached a tacit agreement not to interfere with each other, because there was no need for conflict and no benefit.

But once the Hong Kong government is restricted in the wholesale volume of land, competition will become fierce. The land certificate exchange is essentially a future land transfer by the Hong Kong government, similar to futures.

"Then if you have something better here, you don't have to participate. I, Hengyi, will focus on this." Chen Tianfu laughed.

They are all assets of the Chen family, and there is indeed no need to compete. It is better to let several real estate companies under Chen Zhiwen focus on actual real estate investment, and he will be responsible for replacing the land certificates. Anyway, in the past two years, Hengyi has also relied on its own With abundant funds and appropriate help from his son, he has also accumulated a large amount of property land. If taken alone, he would definitely be among the top five in Hong Kong.

"Okay, then we will divide the work like this from now on." Chen Zhiwen nodded and said. He is more optimistic about high-quality office buildings that can collect rent stably in the long term. The future rent in Hong Kong will definitely be the first in the world, and the rent collection targets are also major companies. Even if the company kills them, there will be no psychological burden.

Another thing is that if you invest in some big cities in the Mainland now, the returns will not be much lower than those in Hong Kong. Hong Kong cannot bear the amount of its own funds. Even Li Jiacheng in the original history tried to go global. reason.

And the timeline is very good. Throughout the 1980s, I could invest heavily in Hong Kong and less in the mainland, because the housing prices in Hong Kong were still low at this time, at least compared to the 1990s. There were many restrictions in the mainland, except for hotels and some There are few opportunities for foreign investment in special buildings. Currently, he has arranged for Land to conduct research in the mainland.

By the 1990s, conversely, Hong Kong's land prices have reached a very high level, and it is no longer very cost-effective to invest again, unless it is a landmark building like the International Financial Center. The mainland has also relaxed many restrictions on foreign investment. At the same time, it has Profits in the Japanese real estate market will also return, and the timing is perfect, such as the Pudong development, which will also be at that time.

"Many people are still waiting and watching, so this is the best time for me to take action." Chen Tianfu nodded and said, "But the most important thing for you is to prepare to be a father. This is the most important thing for our Chen family, money. There are so many ways to make money, so don’t worry about it, but our Chen family will always have an heir in the future, and that’s the most important thing.”

"I understand that I have arranged for 3 professional obstetricians, 1 nutrition expert, and 6 professional nannies, who will take turns to stay at our home soon. After the child is born, all kinds of people who can help will There will be some." Chen Zhiwen said with a smile, an empire also needs heirs, and of course he takes this matter more seriously.

"Okay, you can figure it out yourself. After the child is born, as a father, you also need to spend more time with the child. You can't just say that someone will take care of the child. There is also the issue of the child's education, which must be paid more attention to." Chen Tianfu said: "How much Wealthy families will eventually decline in a few generations because of poor education for their children. Although we will not live until that time, we cannot just ignore it."

"Don't worry, I know it well." Chen Zhiwen nodded and said, "Whether it can continue or not depends on our first generation. I will take this matter seriously."

It is easier to conquer a country than to defend it. This is a problem that has existed since ancient times. Let’s say that every ancient dynasty was very strong in its early stages. Especially the emperor who carved out a world for himself had unparalleled ability and prestige. The empire naturally prospered. But when it comes to future generations, it's hard to say. Some dynasties die after two generations, while others can be passed down for more than ten or twenty generations. The most important factor actually depends on the decisions made by the first-generation emperor.

Of course, he can't control the next few generations, and no one can do it. He can only educate the next 2-3 generations well. No matter how far away he is, he can't control it, and he has no obligation to control it. Who knows what he is doing? What's the name of grandpa's grandpa?

Throughout December, Hong Kong's economy was gradually recovering, with the Hang Seng Index and house prices rising slowly.

This is actually the reason why many people follow the big trend. Even though they all know that Hong Kong’s economy will definitely recover, everyone is waiting for others to take the lead and take the last step. In fact, anyone who dares to invest on a large scale at this time is It is a minority of people, let alone before the "Joint Declaration". In a society, there will always be only a very small number of people who dare to try, even if it is just real estate speculation, while many people do not dare to take advantage of bargains.

This is true even for real estate, not to mention industries that require more investment and are more risky. Only a handful of people can dare to invest like Hua and Wei in later generations. Most people are just like a certain person.

Although Midea also has special help from Chen Zhiwen, it is also committed to being a technology-based company. Terminal civilian products and some high-end technologies are indispensable.

In Hong Kong, in a building in Midea Industrial Park in Yuen Long, Chen Zhiwen, Lei Shengli and several senior executives of Midea came to a computer.

"Sheng Chen, this computer is the photo-shop software we first developed. It was developed in cooperation with Disney and many other painters. It can help painters save time to the greatest extent and avoid a lot of useless work. Repeat the work." Lei Shengli said with a smile.

"This computer is connected to a small commercial supercomputer. Can't the Photoshop software be installed on an ordinary computer?" Chen Zhiwen glanced at the small server-like host connected behind the computer monitor and then asked.

At present, Midea's main products in the field of consumer electronics, in addition to games and office software, are all creative products, and their sales are pretty good. In terms of computer hardware, the performance is not so strong. The fundamental reason for this is that although Chen Zhiwen The special idea of ​​a split type was proposed, plus some improvements on the mouse. However, a hardware computer ultimately depends on technology. The current computer cannot be assembled with various configurations more than ten years later. Many parts need to be customized and designed. The final competition is quality, technology, cost and popularity. In the latter area, Midea Computer has certain advantages by mastering certain terminal retail channels, but the first three are Maybe a little worse.

In terms of hardware alone, Midea can only be said to be not bad, but compared to more professional IBM, HP, Texas Instruments, etc., it is a bit behind. Facing these giants, even Apple, which once relied on its huge reputation, has It started to fail.

This also increased Chen Zhiwen's determination to invest in technology. This was the reason why he spent a lot of money to let Woz reorganize his team in the United States. However, there are still many opportunities for improvement in the future, including desktop computers. Once we reach the 1990s, the competition model will be different from the current one. It was different again, because at that time, computers were more standardized.

Now, Chen Zhiwen hopes that Midea will develop in the direction of technical software. PS is the first product. This product will be very useful in the future and will be involved in many industries. As long as PS is done well, then the follow-up With it as the core, it will be easier to develop various image editing software.

However, it is still early for computers to be popularized. In the short term, customers will still be professional painters.

"Yes, our software is relatively large. A normal civilian computer cannot run it at all and will only freeze. It requires at least a small commercial host." Lei Shengli said.

"Then what does the lowest-end commercial host hardware you mentioned cost?" Chen Zhiwen thought for a while and asked. (End of chapter)

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