Chen Dong transmigrated to 1980s Hong Kong, becoming the right-hand man of Bosco, the head of the Tuen Mun branch of the Hung Mun. He activated the 'Good Deeds Exchange System'.
As an...
In the afternoon, Shen Dong drove Haitang and Qiuti to the headquarters of Tengfei Group.
After letting Qiu Ti take Haitang to familiarize herself with the group's environment, Shen Dong went into his office.
Tang Peijun came in just as I sat down.
"Old Tang, how's your recovery going?"
"It's all settled now. Brother Dong, it seems like housing prices are soaring lately, but the residential complexes in Yuen Long still haven't gotten their sales permits."
"No rush. Tomorrow I'll go to the mainland for an inspection. Have a reporter from Asia Television go to Yuen Long to film the facilities and environment of the community, especially the fire protection. Make sure to do a detailed comparison with the communities built by Li Ka-shing."
"I've already filmed it, and it's ready to air."
"It's almost a certainty that housing prices will rise in the next few years. We don't lack money, and we don't need to rush to sell our houses. The sooner we sell, the more we'll lose. Making the video is just to make Li Ka-shing and the government uncomfortable."
"Brother Dong, without a sales permit, we can't even rent it out."
"If we can't rent it out, then we won't rent it out. It will take us at least two years' worth of rent to recoup the cost of the renovations. It's time-consuming, laborious, and too much trouble."
"So we'll just leave it like that?"
"Leave it. If the government doesn't allow sales, we won't sell. It doesn't matter. Old Tang, your next task is to buy up a lot of land on Hong Kong Island. No matter where it is, as long as the location is good, we'll buy it all and hoard it. I think nothing will be more profitable than land in the future."
"Okay, Brother Dong."
Just then, the phone rang in Shen Dong's office.
Hello, who is this?
"I am Li Ka-shing."
"Sir Lee, your information network is truly impressive. I only returned to Hong Kong Island at noon today and walked into my office just half an hour ago, and you're already calling me at this hour. It seems you have people in our company."
“I have no need to plant anyone in your camp, Mr. Shen. I would like to have a serious talk with you.”
"There's nothing to talk about. The residential complex I built in Yuen Long still hasn't received a sales permit. Sir Lee, your methods are truly impressive; I concede defeat."
"You blew up my business building. In terms of methods, how could I dare to compare with you, a big shot from Hung Hing?"
“I’ve already said, this has nothing to do with me. Besides, you’re already very lucky. If that masked guy wanted to harm your Li family, do you think you could have gotten away unscathed?”
"Therefore, I intend to seek peace with you."
"Seek peace? Tell me about it."
"What do you think about us not using any underhanded tactics, but just using business methods to determine who is the best?"
Shen Dong raised an eyebrow and a bright smile appeared on his face. He said, "Sir Li, if you can do it, I guarantee I can do it too. However, I have one condition."
Li Ka-shing asked, "What are the conditions?"
Shen Dong said, "I will reapply for the sales permit in Yuen Long tomorrow. I don't want any more problems."
Li Ka-shing said, "As long as your building meets the standards, there will naturally be no problem."
Shen Dong said, "Regardless of whether it meets the requirements or not, you must guarantee that I can obtain a sales license. Sir Li, I need to see your sincerity."
Li Ka-shing was somewhat annoyed and said coldly, "Then that's settled."
After hanging up the phone, Shen Dong laughed and said, "Li Ka-shing is scared."
Tang Peijun said, "The bombing of the Changjian Building caused Li Ka-shing a huge loss. During your time in Taiwan, the police have been investigating. To this day, they still haven't found out the identity of the perpetrator. Li Ka-shing is probably afraid that someone will bring a bomb to their home and detonate it, which would be disastrous."
Shen Dong sneered, "The underworld has its rules, and the business world has its rules. If they hadn't broken the rules, I wouldn't have resorted to such extreme measures to deal with them. Old Tang, have someone apply for the sales permit again tomorrow."
Tang Peijun nodded and said, "No problem."
Shen Dong said, "Go ahead and get busy. We're going to the Bihai Nightclub for drinks this afternoon."
"Azure Sea Nightclub?"
Tang Peijun was taken aback, then smiled and said, "Are you trying to patronize the Li family's business?"
Shen Dong said, "They've already helped us get the sales permit, so we naturally have to reciprocate."
Tang Peijun shrugged and said, "You're right, I'm going to get busy."
Shen Dong hummed in agreement.
Tang Peijun had just left when Song Zihao arrived.
"Brother Dong, we've made a fortune on this stock investment," Song Zihao said happily.
Shen Dong smiled and asked, "How big is it?"
Song Zihao said, "I had someone calculate that in just one week, the stocks we bought have increased by 1.8 billion US dollars. The most impressive is Microsoft, which has more than doubled."
Shen Dong said, "This is just the beginning. Ah Hao, stop staring at the US stock market. Our plan is complete. I won't touch these stocks for the next five years."
Song Zihao nodded and said, "Understood."
Shen Dong said, "After purchasing the New Territories warehouse, we will only have less than two billion US dollars left. I plan to use some stocks to borrow two billion US dollars and make large-scale investments in the mainland. Please handle this as soon as possible."
Song Zihao laughed, "The stocks we've invested in have all performed exceptionally well. I can secure a loan of two billion US dollars in a day at most. But... Brother Dong, isn't focusing your investments on the mainland a bit too risky?"
Shen Dong shook his head and said, "The lion has already awakened. If we don't step in now, we'll have a hard time getting any meat in the future."
Shen Dong had long coveted the land in first- and second-tier cities in the inland regions.
Shen Dong's goal is to build the Tengfei chain of hotels. Making money is secondary; the more important thing is to acquire land in the city centers of major cities.
In the future, not to mention the hotel facilities, the land alone will increase in value by dozens of times, and in places like Beijing, Shanghai, and Guangzhou, it could even increase by hundreds of times.
In addition to hotels, Chen Dong will also build a large number of residential communities, and only five-story buildings.
Once completed, it will only be rented, not sold.
Fifteen or twenty years later, if Shen Dong demolishes all these buildings and rebuilds them into twenty-story buildings, he will definitely make a fortune.
As for those multi-story commercial buildings or office buildings, after careful consideration, Chen Dong decided not to do so for the time being.
The reason is simple: the land area is too small, the cost of demolishing and rebuilding is too high, and the profit is much smaller than that of residential communities.
More than ten years later, when Xia Guo's economy enters a period of rapid development, there will be no problem for Chen Dong to build commercial buildings and office buildings.