Chapter 454 Peninsula Mansion
"Okay, General Manager Ouyang, let's do it according to this idea. Complete the transfer of the land as soon as possible and
hold a press conference to build momentum for our food street. After we make our food destination famous, it will be easier for everyone to attract more investment."
"Okay, boss, I'll do it according to your idea."
"Okay, that's it, go ahead and get busy."
"Okay, boss. I'll be busy now."
Wang Yuanchao was very excited about the new progress in the things he cared about. After resting for a while in his chair, the phone in Wang Yuanchao's office rang.
[Hello, who is this?]
[Dear, I'm Michelle. Today at work, our bank received two pieces of land transfer news, which are exactly what you and I asked for.]
[Haha, it's Michelle, great, where is the plot of land? ]
[One is a 22.5-acre plot of land near Hung Hom, Kowloon, and the other is a 150-acre factory next to the Nan Fung Spinning Mill in Tsuen Wan.]
In 1975, there were more than 8,000 garment factories in Hong Kong, with 260,000 people working in the industry. A factory building of 150 mu was very rare, so Wang Yuanchao asked: [Mi Xilu, do you know the details of such a large factory building?]
[Dear, this factory is the garment factory of Zhenshanmei Clothing. Zhenshanmei Clothing used to be one of the top five clothing brands in Hong Kong. The boss Qin Wenbo made a lot of money. However, the clothing industry in Hong Kong has been very competitive in recent years, and the workers' salaries have increased rapidly, so Qin Wenbo began to transform into the real estate industry.
The financial crisis caused by this stock market crash has not shown any signs of ending yet.
Qin Wenbo's capital chain could no longer hold out, so he planned to sell the garment factory and bet completely on the real estate industry in Hong Kong.
[Miss Lu, you guys at HSBC are really well-informed.
Did Boss Qin tell you how much he plans to sell this factory for? 】
[Dear, Mr. Qin of Zhen Shan Mei Garment Factory has always had various issues with HSBC. When he first started the garment factory and engaged in real estate, he took out loans from HSBC.
Now that his funding chain is about to break, if he wants to sell his assets, he naturally needs to negotiate with HSBC.
As for the price, the Zhen Shan Mei Garment Factory has not yet made it clear, but Qin Wenbo's company has a debt of more than 13 million that is about to mature.
Qin Wenbo wanted his company to survive the bankruptcy crisis caused by the broken capital chain, so the price of selling Zhenshanmei Garment Factory must be higher than this amount, otherwise it would be meaningless for him to sell Zhenshanmei Garment Factory. 】
When Wang Yuanchao heard this, he knew that this boss Qin Wenbo must have been forced to pay back his debts by HSBC.
At this time, Hong Kong's banking industry was basically controlled by white-collar foreign companies. Although there were some Chinese banks, the white-collar companies were too lazy to deal with them because they were small. If they were larger, the white-collar companies would find ways to acquire them. For example, Hang Seng Bank was forced to sell its controlling stake to HSBC due to a run on the bank. At this time, the white-collar companies in Hong Kong had many ways to use financial leverage and loans to swallow up the Chinese business industries.
Moreover, their swallowing up is legal and reasonable, and no one can say anything about it.
Wang Yuanchao estimated that Qin Wenbo of the Zhenshanmei Garment Factory was being targeted, but Wang Yuanchao was not a saint or a savior, so he didn't bother to care whether he was being targeted or not, so he said:
[Okay, Michelle, when are you free? How about we go check out the land together? ]
[Dear, I will have time later. After I collect some information, I will come to see you. How about we go to see the land together? ]
[Okay, Missy, I'll wait for you at the company.]
[Okay, dear, wait for me for a moment, I'll be there soon.]
[Okay, Missy, see you later.]
【See you later.】
Not long after, Michelle came to Wang Yuanchao's office with a briefcase. After Wang Yuanchao gave Michelle a wet kiss, the two left the office together, got into Wang Yuanchao's Rolls-Royce, and drove towards Hung Hom, Kowloon.
It is very convenient to cross the sea in Central. After crossing Victoria Harbour, the two quickly arrived in Hung Hom in Kowloon.
After arriving at the land to be transferred, Wang Yuanchao and Mi Xilu got out of the car and began to inspect the surrounding situation. This land is on Hung Lai Road in Hung Hom, Kowloon. It is not far from the Hung Hom Sports Centre and the Hung Hom Cross-Harbour Tunnel. It only takes 2-3 minutes to drive to it. The geographical location is very advantageous.
The living facilities around the land are also very complete. There are several large shopping malls such as Nanyang Center, New Culture Center, Huangpu New World, and two large vegetable markets nearby, making shopping very convenient. There are more than a dozen primary and secondary schools and the Hong Kong Polytechnic University, and the educational supporting resources are very impressive. If Wang Yuanchao buys it to build a house, this will be a very high-quality school district house.
Moreover, there are numerous branches of Chinese and foreign-funded banks, and there are abundant subway stations and bus stops. The transportation here is very convenient and developed, making it a place where money can be gathered.
After Wang Yuanchao walked around the entire land, his eyes sparkled with satisfaction. He said to Michelle beside him:
"Misiro, this piece of land is in a very good location, with a concentrated population, complete surrounding supporting facilities, and very convenient transportation. I am very satisfied.
For me, the more troublesome thing is the people who are currently living on the land. It will be more difficult to clear them out when the time comes."
Mi Xilu didn't have such troubles in her mind. For Mi Xilu, as long as Wang Yuanchao was interested in this piece of land and was willing to pay, everything would be fine.
After all, Michelle was sent by HSBC to handle matters for Wang Yuanchao. She was very experienced in handling such matters.
As long as Wang Yuanchao is willing to pay and he can make money, these things are nothing.
"Don't worry, dear. As long as you are willing to spend some extra money, I can do it for you."
Wang Yuanchao nodded, knowing that the Qinglou in Hong Kong was more bloody and violent, and usually they would ask the gang's short mule to deal with it.
But this is the current social situation in Hong Kong, and Wang Yuanchao has no way to change it and can only adapt to it.
"Missile, this piece of land was purchased directly through HSBC.
Or do I need to participate in the auction held by the Hong Kong government?"
"My dear, this piece of land was mortgaged by Sun Hung Kai Properties to HSBC. Now Sun Hung Kai is short of funds and plans to use this piece of land to pay off the debt that is about to mature.
My dear, if you like this piece of land, you can ask HSBC to act as a matchmaker and directly arrange for the land transfer between the two parties."
After Wang Yuanchao heard about Sun Hung Kai Properties, he suddenly realized something and looked around.
Only then did he remember that he had been here in his previous life when he came to Hong Kong for tourism and watched a concert at the Hong Kong Coliseum. This land was developed by Sun Hung Kai Properties into the Peninsula Court residential community in his previous life, with a total of five residential buildings. Wang Yuanchao also specifically asked about the housing prices in Peninsula Court. At that time, the housing price in this community was more than 140,000 yuan per square meter. Wow.
Wang Yuanchao came back to his senses and said without hesitation: "Miss Lu, please help me make an appointment with Sun Hung Kai Real Estate Company. I want it quickly."
(End of this chapter)
Continue read on readnovelmtl.com
