The Hong Kong and China Gas Company and the Electric Power Company are indeed not in a hurry, but the tenants and owners of Harbor City can no longer bear it, and they flocked to the Wharf Group in droves to demand an explanation.
Thousands of anxious owners surrounded the Wharf Group's office building, with people standing in the corridors and courtyard at the entrance.
Relatives and friends of the owners continued to pour in from all over Hong Kong Island to cheer, and the situation was chaotic.
Because of a sudden power outage in a high-rise building, he was locked in the elevator for more than ten hours, and ambulances rushed to rescue him and send him to the hospital.
High-rise commercial buildings cannot handle business. Ocean Terminal, Marco Polo Hong Kong Hotel, and Gateway Tower often have fifty or sixty floors. There are no elevators and staff cannot go up and down.
Middle-aged and elderly people staying in high-rise apartments have difficulty eating and using the toilet. In Hong Kong this April, the temperature is already over 20 degrees Celsius, and the home quickly becomes smelly.
The store owners of Ocean Center and Starlight City cannot agree even more;
Harbor City collects 2.6 billion Hong Kong dollars in rent a year, and the rent for a shop here can easily cost millions of Hong Kong dollars. Not to mention not being open for a month, even if it is not open for three days, it will be unbearable.
The hoarded goods, the squeezed funds, the pressure of monthly loan repayments, and the loss of business channels, these are the golden bulls of Hong Kong paper!
Who will compensate?
As time goes by, Wharf Group has not given a definite explanation.
In the evening, people became more and more angry and had physical conflicts with the police and security guards who were maintaining order. The scene got out of hand for a while.
Fortunately, the Tsim Sha Tsui Police Department was well prepared and deployed the Police Flying Tigers to suppress the situation on site, thus reducing the risk of this disaster.
The problem is, it can't always be like this.
Deep Water Bay Luxury House
A group of Hong Kong's top tycoons gathered here at the invitation. Their faces did not have the usual high-spirited look, but they looked sad. None of them were willing to speak first.
The scene was deserted, awkward, and deathly silent.
The wealthy people are either looking up at the roof beams and studying the shape of the ceiling, or they are sipping tea carefully, or they are playing with the Buddhist beads in their hands with their eyes slightly closed, as if they have seen through the world of mortals.
This time point is too sensitive, and no one wants to be the first to do so.
Wu Guangzhen was leaning on the Taishi chair, with an oxygen tube inserted into his nose, and the oxygen generator "Gululu" behind him was working to provide fresh pure oxygen.
After fainting in the morning, Wu Guangzhen was rushed to the hospital.
After careful examination by the doctor, he found that there was nothing serious wrong with his body. He prescribed some more tonics to calm his mind and calm his mind.
Rich families have private doctors to follow them, so there is no need for anything to go wrong.
The doctor's advice is to let the patient have a good rest and not be upset or tired. It is best to lie down and rest for a few days and eat more light porridge.
But once Wu Guangzhen wakes up, he will have to face all these troubles.
There is no one in the family, old or young, who is really responsible. When it comes to spending money, there are only three of them. They are all like prodigal sons.
Nowadays, Wu Guangzhen can only rely on the shrewd and capable Wu Guangzhen to cope with this complex situation and stand alone as the mainstay.
Inviting business tycoons to come over is a recipe for failure, so we can join forces to see if we can come up with a reliable idea.
Judging from the current situation, it's pretty scary.
"Dear seniors in the business community, we businessmen in Foshan, Shunde and Chaoshan have always been on the same page and are friendly and friendly. We have been doing business in this precious land of Hong Kong for more than a hundred years, and we have achieved such a prosperous situation today."
Everyone was silent, and Wu Guangzhen could only speak feebly: "The prosperous city of Xiangjiang was built by us, and it contains countless efforts of our ancestors, but it is our foundation!
Ever since the barbarian King of Wealth landed on Hong Kong Island, he has tried his best to suppress us. Foshan, Shunde, and Chaoshan were all spared. He even showed no respect for senior businessmen in the business community. It was really rampant.
Today, you can attack my Harbor City, and tomorrow you can attack Henderson Land Development and Hutchison Whampoa. We must unite as one to prevent the barbarian King of Wealth from succeeding again and again!"
Wu Guangzhen's sincere words echoed in the lobby, causing a group of Hong Kong billionaires to think deeply and think again.
Then, there is no more...
These words are full of incitement, but everyone is not new to the business world, how can they be moved by these two sentences?
Royal Family Fund’s move to acquire and privatize HSBC was absolutely shocking and demonstrated its extremely powerful and terrifying absolute strength.
How to deal with such a powerful person?
Please!
We are all businessmen, but not the Tamil Tigers who can launch suicide bombings!
This is HSBC!
Among the hundreds of banks in Hong Kong, HSBC holds a 33% market share.
It is the undoubted white jade pillar in Hong Kong's financial industry, and it is one of the Hong Kong dollar note-issuing banks together with HSBC, Standard Chartered and Huaxia Bank.
HSBC has been rooted in Hong Kong Island for more than 100 years, with its tentacles extending to almost all walks of life. It is undoubtedly the strongest bank.
How can a real estate businessman do business without a bank?
Go on the street, fight against HSBC, your head is full of paste!
What's more, today's shocking incident suddenly made everyone realize that the power of the God of Wealth has expanded to this extent, penetrating into every aspect of daily life.
It controls Hong Kong's gas, electricity, communications, real estate and aviation fields, and has extremely strong strength in the financial industry, hotel industry, shipping and agricultural products, and has formed an irresistible and huge force.
How to fight?
At home, we use electricity to build a private power plant, gas to build a gas station, and communications to build a communications company. But we can’t run an airline for travel. What about bank loans for corporate operations?
Just thinking about it makes people discouraged, and they completely lack the confidence to resist.
Mr. Li Zhaoji and Mr. Li Jiacheng who are here have already made a plan. After discussing it here, they turned around and went to Victoria Peak to express their goodwill.
Anyway, the God of Wealth King has already got the company he wants and will not kill them all. The core assets of the family have been preserved and the bones and muscles are still intact. The general situation dictates that it is completely acceptable.
It is the law of heaven that a dead Taoist friend will not die but a poor Taoist.
"Two seniors Li, I need you to come up with a plan for this important matter!"
Never thought of it
Wu Guangzhen's first choice was Mr. Li Zhaoji and Li Jiacheng, two top rich men. The Wu family has a close relationship with these two families. Wu Guangzhen's father-in-law had worked hand in hand with Li Jiacheng during the Wharf War.
"Well, we need to consider this in the long term."
Mr. Li Zhaoji was practicing Tai Chi, and he sat there with a benevolent expression and continued: "Harbor City is just a traffic accident. No one is sure what the King of Fortune did in it. The Hong Kong police have not identified it. We are not in a hurry now."
draw conclusions.”
"Yes, this master comes from Wuming!"
"Think carefully before you act. Li Sheng has considered everything carefully and acted prudently. We agree with him."
"That's right! There is absolutely no evidence to support Wu Sheng's statement. The coal truck driver has been doing this job for more than ten years. The police reported that because the driver was eating breakfast while driving and behaved carelessly, causing the accident where hot soy milk was poured on him.
There’s no doubt about it yet.”
"The ancients said that you should not raise an army out of anger, but should be stable."
A group of business tycoons agreed casually, and the implicit meaning behind their words was that Wu Guangzhen had overthinked and it was time to take medicine.
Damn, Mrs. Prey.
I'm so angry here, so be careful, you big-headed devil!
Wu Guangzhen wished he could kill these old guys who refused to save him. He suppressed the resentment in his heart, took a deep breath and said;
"At this point, it seems that it is impossible to find out the mastermind behind this. It is better to expect the police to solve the case than to hope for the old sow to climb the tree. The Wu family has admitted its defeat."
…
"However, the Harbor City project is my father-in-law's lifelong effort, and I will definitely protect it if I sell it. Please help me raise some funds to deal with the emergency. I sincerely ask you."
…
"The Wu family has always had a good reputation and holds excellent assets in Harbor City. Dear friends, you don't have to worry about not being able to pay. Please ask Jianghu for help!"
…
After a long conversation, the hall fell into awkward silence again.
Please look at what time it is now, the financial crisis in Southeast Asia has not passed yet.
There may be a life-and-death showdown between the Hong Kong government and international hot money in August. Whether it will be a tragic victory or a ruin is open to debate. This is already a recognized thing, run away.
Everyone is hoarding funds to prepare for the cold winter, and the real estate industry has plummeted, not the worst, only worse.
Now, it's okay not to borrow money, but we can't even be friends if we borrow money.
"Ahem, Brother Guangzhen, in order to resist the royal family's fund raids some time ago, all our capital positions were invested in flagship companies. We really don't have any extra financial support. Otherwise... The boss of Cathay Bank in Hong Kong has a bad relationship with me. I'm looking for you.
He thought of a way."
Li Jiacheng, who had the most financial strength, spoke first, blocking Wu Guangzhen's possibility of extending his hand. Everyone immediately understood.
This is someone who doesn’t want to confront the God of Wealth King and will have to kneel down sooner or later.
Everyone knows it;
You will know what happened here once you leave Victoria Peak. There are so many people who want to rebel.
Are you here just to help Wu Guangzhen?
Others don't know, and I certainly don't know it anyway. It is estimated that more than 80% of them are here to inquire about information and prepare to show their goodwill to Victoria Peak.
What moral integrity does a businessman need?
It's just something wrong.
"Yes! Everyone has suffered heavy losses due to the financial crisis. I would like to find an opportunity to borrow some. There is no way I can even beg my grandpa to sue my grandma!"
“Funds are stretched thin!”
"There is really no other way but to go to the bank for a loan."
"Chixian, how can banks dare to lend money now? It's too late to tighten money. Small and medium-sized banks in Hong Kong will close down and be liquidated if they fail. Life is even worse than what we are living. My eyes turn green just thinking about money."
"Everyone is tightening their belts and living a hard life. Please be more understanding!"
Poor Wu Guangzhen is still living in a dream, clinging to the one in 10,000 possibility and not letting go. In the end, he can only die an even worse death.
People with discerning eyes have already seen it;
The Harbor City project is bound to win the wealth. If you can’t get it in a day, Harbor City won’t be able to open its doors in a day.
The statistics of these losses are staggering, and they will eventually be piled on the Wharf Group, making it even worse.
The loss of water supply is not big, just connect the water supply pipeline.
However, CLP Power Company suffered heavy losses, and this part of the losses must be passed on to the Wharf Group. Otherwise, it would not be able to use electricity and would have the ability to open its own power company.
Don't ask why, the public utility sector is just so arrogant.
The same goes for the gas company. Doesn't it cost money to burn a raging fire more than ten meters high?
Is it free to rescue and restore gas supply?
In the end, this all has to be blamed on the Wharf Group. Don't ask why, public utility departments around the world are so arrogant, unless you don't use gas.
If you calculate it more carefully, the merchant's losses will be astronomical.
This is not just the cost of renting a store, the loss of money and goods, but also the high-end food, expired cosmetics, and the world's top trendy brand clothes that are out of season. These are all losses!
A piece of top-brand clothing starts at a few thousand Hong Kong dollars, and can range from tens of thousands to hundreds of thousands. The backlog of seasonal clothing is enough to make people feel dizzy.
Those who can buy clothing from top fashion brands are very sensitive hipsters. It is impossible to buy this year's off-season clothing next year. Top luxury brands are all proud characters, with their nostrils turned upward.
There has never been any mention of dealers returning goods. Who will recognize the loss?
Leaving aside high-end hotels, what about high-end apartment buildings?
You also have to pay for the clients to stay in hotels, so don’t even think about moving. Moving a chair from the 50th floor can be exhausting. With this salary, you might as well buy another one.
What should we do with the more than 60,000 office workers in high-end business buildings?
Who is responsible for the company's operating losses?
After careful calculation, it is really shocking. Not only will the market value of Wharf stock plummet, the assets of the Wu family will shrink sharply, and there is even the possibility of bankruptcy.
Count with your fingers
The Wu family's assets are only over HK$20 billion. Most of these assets are reflected in the Wharf Group and seven other holding companies, and the cash flow is actually very small.
In order to control eight listed companies worth up to HK$120 billion, the Wharf Group also borrowed a lot of stock mortgages.
Because 60% of the Wharf Group's shares, worth more than HK$30 billion, cost nearly HK$20 billion.
previously
Harbor City can provide stable cash flow, and other rental properties can also provide stable cash flow. Every year, the family can earn more than 4 billion Hong Kong dollars in income. There is no problem with this part of the stock mortgage loan.
Now things are getting serious.
Wharf Group's stock has depreciated sharply and will soon approach the stock pledge price warning line.
Coupled with the huge black hole of compensation, the Wu family faces great danger.
This is like a domino. Once it falls, it will cause a chain reaction, causing the entire originally healthy business empire to collapse. This is how the Kia Group, a large Korean-owned conglomerate, went bankrupt and liquidated.
For similar examples, there have been too many bankruptcies and liquidations during the financial crisis, and it is not surprising that there is another Wu family.
The elegantly decorated lobby was filled with gloom and mist. Seeing all this, Wu Guangzhen's heart seemed to fall into the abyss, and his body became colder and colder;