Chapter 313 [Cheung Kong Industrial, running to enter! 】
Changjiang Industrial’s stock was subscribed by more than 50 times, which shows that investors are optimistic about the Changjiang Central Business;
Over the years, Hong Kong citizens have a deep understanding of landlords and landlords. They can make a lot of money by moving their fingers every month;
The most important thing is that housing prices and land prices have risen, and the rent president;
House prices and land prices plummeted, but rents will not fall.
Because the landlord and the landlord are very confident;
Whoever wants to rent, you can leave;
Anyway, there are many people who need to rent a house outside!
If a house cannot be sold, it means that it is oversupply and cannot afford to buy a house;
Then, if you can't afford to buy a house, you can only rent a house.
Therefore, the rental business is always better than the selling business!
This is also the reason why many Hong Kong Island families and bigwigs like to rent and not sell their properties in later generations!
Of course, everyone also highly praised Wu Guangyao's keen business sense.
Not to mention other industries, Wu Guangyao’s achievements in real estate over the years are quite impressive!
Good at bottom-buying, good at seizing opportunities, and good at marketing!
In this era, in addition to being optimistic about foreign listed companies, Hong Kong citizens may only be Wu Guangyao who has this treatment.
.........
On the day of listing, Wu Guangyao specially brought his bodyguards to the Kowloon Exchange to watch the scene;
Good guy, there are so many people, thanks to the Kowloon Exchange hiring Leidun Security to maintain order.
Wu Guangyao thought about it, then shook his head, how many people could make money in stocks, retail investors could basically only become leeks;
The main reason is that retail investors cannot hold on to Changjiang Industrial’s stock!
If a retail investor can hold the stock of Changjiang Industrial, Wu Guangyao believes that if the annual dividend does not count, it will be fine to increase it by several thousand times in fifty years;
If you add dividends, it may be ten thousand times!
Several sharp-eyed reporters saw Wu Guangyao shook their heads and immediately came to Wu Guangyao's side, hoping to conduct an interview with Wu Guangyao.
Unfortunately, I was blocked by several bodyguards and could not move at all!
Wu Guangyao was in a good mood and happened to make a comment that he wanted to make, and waved his hand to signal the bodyguard to let go.
"Mr. Wu, what do you mean by shaking your head just now? Do you think the stock price of your company is not high enough?"
When Wu Guangyao heard this tone, he would first see which newspaper the reporter belonged to.
It turned out to be the Sing Tao Daily, with one defeated player under his command. No wonder he dug a hole for himself?
However, Wu Guangyao said gentlemanly: "I shook my head because I felt that the investors seemed to be a little irrational. The stock price of Changjiang Industrial has risen from HK$7 at the opening to HK$9.5, and only two hours have passed. The value of a company takes a long time to reflect; in terms of stocks, my suggestion is to invest in companies with long-term value. Stocks should be investment, not speculation..."
"What is investment? What is speculation?" another reporter asked.
"The time is different: the investment period is longer, usually long-term stocks, etc.; the speculation period is relatively short, usually fast trading."
"The focus is on different interests: investment focuses more on long-term interests, and short-term losses do not affect the overall returns; speculation focuses on short-term interests, and the rise and fall of prices in the short term have a great impact on speculation."
After Wu Guangyao finished speaking, he refused to say goodbye to many reporters, leaving only one legend of the stock god!
When the securities closed that day, Cheung Kong Industrial's stock rose to HK$12.30 per share, a daily increase of 75%, and Cheung Kong Industrial's market value also reached HK$590 million.
Changjiang Industry can be said to be a bull market!
.........
Changjiang Industrial's Conference Room
"Cheng Shi Real Estate's 1.1 million square feet of residential land are all located in the Yau Tsim Mong area of Kowloon, with an average price of HK$52 per square foot and a total value of HK$57.2 million; Cheung Shi Real Estate's 200,000 square feet of commercial land are all located in the central area of the island, with an average price of HK$250 per square foot and a total value of HK$50 million. Cheung Shi Real Estate has five six-story commercial buildings in the downtown area of the Central District, worth HK$50 million."
"In summary, if Cheung Kong Industrial needs to acquire all of it, it will cost HK$157.2 million."
"At present, the total amount of HK$105 million in Changjiang Industrial's account is not enough to pry open such a large project, and it is a far cry from it."
Xiu Yanbing gave a simple financial report to all shareholders and management.
This report has not included the Global Building (built by the Central District Land King) and the original Global Building (old Queen's Avenue building), because these two buildings were developed by Cheung Kong Real Estate, and after development, they were used as private property of the Wu family and used for rent.
Even if Changjiang Industrial has a loan of 100 million yuan, it will not be able to reap the land and old buildings owned by Changshi Real Estate.
After hearing this, He Xian and Zhong Ziguang were shocked;
The two thought that Wu Guangyao only used HK$30 million to buy at the bottom, and then earned about HK$50 million;
Unexpectedly, Wu Guangyao spent at least 50 million Hong Kong dollars and made 100 million yuan directly.
However, the shares of Changjiang Industrial in their hands have soared sharply since they went public, with each of them having a share value of up to 18 million, so the mentality of the two has improved a little.
He Xian is fine, very satisfied. Changjiang Industrial's stock and dividends are already one of his most important assets; you must know that he only invested 500,000 Hong Kong dollars at the beginning.
Zhong Ziguang almost felt a little regretful. Why did he ask for dividends to be distributed? Now, in everyone's eyes, is he a representative of lack of vision?
"The real estate industry has stabilized, and we need to run into the market. If we hesitate for a day, we will lose tens of thousands of dollars. So next, Cheung Kong Industrial needs to purchase residential land and then develop residential units in large quantities. The opposite side has been inflowing population continuously and large-scale inflows to Hong Kong Island since last year. The increase in population means housing shortage; coupled with the booming industry in Hong Kong Island and rising wages, the real estate industry will surely usher in a small high again." Wu Guangyao said.
Wu Guangyao continued: "Since commercial land cannot be eaten, don't hold on. Let's do this, continue to put the five commercial buildings and commercial land in my Cheung Kong Real Estate; Changjiang Industrial first acquires 1.1 million square feet of residential land and prepares to develop residential land."
Everyone had no doubt about Wu Guangyao's words;
Of course, everyone also has their own analysis of the external forms, and feels that Wu Guangyao's remarks are not wrong.
If there is really an objection, these people will still raise it;
For example, the original dividend plan.
...........
After the meeting ended, the Three Musketeers came to Wu Guangyao's office.
Some time ago, when Changjiang Industrial went public, Wu Guangyao privately rewarded the Three Musketeers with 500,000 Hong Kong dollars per person, allowing the three to buy Changjiang Industrial's stock.
The reason why Wu Guangyao is so generous is that the Three Musketeers have made great contributions in the past few years of development in Cheung Kong Real Estate and have no complaints.
Theoretically, Cheung Kong Real Estate belongs to Wu Guangyao's private property. If you want to hire three people to work, you need to pay more;
Moreover, Wu Guangyao made a lot of money and had to give his subordinates some soup.
Besides, the Three Musketeers have always been loyal to themselves, so they naturally have to give some sweetness.
"There is a lot of work next. You have to take care of the construction of two buildings in Changshi Real Estate and develop three new residential properties; so you have to be prepared!" Wu Guangyao said.
The two buildings have been built for a year; but since they are super buildings and the construction period is three years, it is still early to complete.
"Boss, don't worry, Cheung Kong Industrial has the most complete and most talent reserves in Hong Kong Island, and the affiliated companies of the Cheung Kong Group are also powerful companies; so, let alone five real estate projects, even seven or eight real estate projects will not be in a hurry," Shi Jun said confidently.
Changjiang Industrial used to have five projects built at the same time, so everyone thinks it's no big deal.
It can be said that the construction capability of the Yangtze River System is already the first in Hong Kong Island.
Hong Kong Island Construction is also a real giant company, equivalent to the trump card in Wu Guangyao’s hands!
The original shareholding situation of Hong Kong Island ICBC was that Wu Guangyao held 90% and Xue Cheng held 10%; in the past few years, Xue Cheng intended to give up the shares, so Wu Guangyao spent HK$2 million to complete 100% of the holding.
After years of development, the value of the first construction of Hong Kong Island has far exceeded HK$2,000, or HK$50 million, and many people have bought it.
You should know that although there are many construction companies in Hong Kong, there are no more than three companies that can have the strength to build Hong Kong Island.
It is very important to have a strong construction company;
In later generations, Pacific Foreign Exchange and Huidefeng Foreign Exchange wanted to enter the real estate industry in the 1970s, but they had only land but no real estate experience. They could only take out large tracts of land and develop them together with others, and give the profits to others;
At the same time, the two foreign companies have acquired real estate companies everywhere to increase their strength in the real estate field.
It can be seen how important a complete real estate industry chain is!
Chapter completed!