327, Land exchange rights letter and family strife
Hang Lung Center!
Chu Huan was sitting in his office, and sitting opposite him was He Bingguang, the general manager of Hang Lung Properties.
“How much does a land exchange right deed in the Hong Kong New Territories cost now?”
In the 1960s, Hong Kong's population expanded rapidly, and urban land supply in Hong Kong Island and Kowloon became increasingly scarce. The Hong Kong government implemented a new town development plan in the New Territories, and Tsuen Wan was the first target.
The development of new towns often requires the construction of infrastructure and public places such as schools and hospitals, which requires the acquisition of a large amount of land.
Before January 1960, if private land was to be expropriated for public use, the Hong Kong government had to pay cash compensation to the land owners.
From January 1960 to March 1983, in order to reduce cash expenditures, the Hong Kong government issued "land exchange rights letters" to owners of private land who planned to expropriate land. The owners of the land could choose to receive cash or transfer to any new town in the New Territories in the future.
Development area in exchange for building land.
Most of the land acquired for the development of new towns is agricultural land.
According to the land exchange rights and interests document, every 5 square feet of agricultural land can be exchanged for 2 square feet of construction land in the future. This type of land exchange rights and interests document is called a Type B land exchange rights and interests document.
Each square foot of construction land can be exchanged for the same square foot of construction land in the future. This type of land exchange rights letter is called Type A land exchange rights letter.
Based on traditional concepts and values, most villagers in the New Territories prefer land to cash, so most land owners have chosen to exchange land in the future.
This is also the reason why when Chu Huan agreed to cooperate with the Hong Kong government on the mountain reclamation project, the Hong Kong government's asking price was so low, because it did not require the Hong Kong government to exchange land in Huaye City with the indigenous people in Shatin.
Letter of entitlement.
The land in Xiangjiang is limited. When Xiangjiang Island and Kowloon are almost fully developed, the Hong Kong government will have no choice but to develop into the New Territories.
In fact, the Hong Kong government is already doing this, such as the Shatin New Town where Huaye City is now located!
Since Chu Huan's business map includes the real estate industry, Chu Huan will naturally prepare for the company's future development.
Then the land exchange rights letter in the New Territories is inevitable.
What Chu Huan and Cao Yunshang talked about last night to earn some pocket money was actually the acquisition of land exchange rights deeds in the New Territories. The reason why Chu Huan thought of this was not because he saw Li Zhaoji!
In other words, Li Zhaoji's Henderson Development was able to develop actually because it acquired a large number of New Territories land exchange rights certificates and accumulated a large amount of New Territories land. This allowed Henderson Development to have a steady stream of land for its use in the future.
development.
In fact, not only real estate companies such as Henderson Land Development, Sun Hung Kai, and Cheung Kong have made acquisitions.
It was Chen Tinghua from Nanfeng Real Estate who really reminded Chu Huan of the land exchange rights and interests document.
Chen Tinghua’s Nanfeng Real Estate can be said to be the first real estate company in Xiangjiang to acquire land exchange rights letters.
At this time, Nan Fung Real Estate conservatively estimates that it has more than 300,000 square feet of Type B land exchange rights.
After Chen Tinghua passed away, his two daughters started a traditional drama among Hong Kong wealthy families because of this inheritance, and the wealthy families fought for property!
However, now the real estate developers in Xiangjiang are still looking at the real estate business in Xiangjiang Island and Kowloon. Therefore, except for Chen Tinghua, who started to acquire land exchange rights in the New Territories because his Nan Fung Textile factory is located in Tsuen Wan, other
The company's vision is not that far-reaching yet.
Naturally, He Bingguang couldn't see it anymore. He thought for a while and said to Chu Huan: "The land price in the New Territories is basically around 20 to 30 per square foot now."
Different land exchange rights documents have different square footage calculations, so when Chu Huan asked about the price of the land exchange rights documents in the New Territories, He Bingguang answered the land price in the New Territories.
By the end of the 1970s and the beginning of the 1980s, the speculative trend of land exchange rights and interests in Xiangjiang reached its peak, because at that time, real estate developers in Xiangjiang also realized that the development of real estate in Xiangjiang was bound to open up new areas in the New Territories.
battlefield.
By then the price will be at least seven or eight times higher!
Of course, there is another reason, that is, by that time, the Hong Kong government also discovered that they actually owed 138 hectares of "land debt", so the Hong Kong government stopped issuing land exchange rights certificates in March 1983.
.
The emergence of the land exchange rights letter actually represents the emergence of another real estate policy with strong characteristics in the Hong Kong New Territories, that is - Ding Quan!
It's the story told in the movie "Overheard 3".
If you want to develop the New Territories, you can't get the consent of the New Territories aborigines just by relying on a land exchange rights letter. Therefore, the Hong Kong government negotiated with the New Territories aborigines and finally gave them a unique real estate policy of Dingquan.
Ding Quan - The rule is that as long as they are over 18 years old, their father or above is a rural resident recognized in the New Territories in the 1890s, and they must be male, everyone can apply once within the recognized scope, and the construction scope is 3 stories high.
The maximum height shall not exceed 8.23 meters and the area of each floor shall not exceed 700 square feet.
A house built according to Ding rights application is called a Ding house.
However, the Ding Quan matter is not in a hurry right now. The first thing that needs to be settled is the exchange of land rights and interests.
Chu Huan continued to ask He Bingguang: "How much floor area is involved in the land exchange rights deed that has not been redeemed by the Hong Kong government?"
He Bingguang replied: "About 36 million square feet!"
Chu Huan nodded and said: "The company has set up a special department to acquire land exchange rights and interests documents, and we can charge as much as we can!"
He Bingguang was shocked and couldn't help but ask: "Boss, this is a big expense, and if you want to acquire a large-scale land exchange, you have to deal with the aboriginal people in the New Territories, so in terms of price
In terms of acquisition, it will definitely be more expensive!
Also, the company currently has several projects on hand. If the money is used to purchase the land exchange rights certificate, it will be different from the company’s previous development plan!”
Chu Huan chuckled lightly and said: "I will ask Jiaku Consulting Company to transfer the funds for the land exchange rights deed to the company's account. As for settling the affairs of the clan leaders in the New Territory, you need to do this.
, the company can give a 30% discount on the price per square foot, I believe this is enough to deal with those old guys!"
This chapter is not over yet, please click on the next page to continue reading! When Guo Bingxiang ran away from home for the first time, Chu Huan wanted Guo Bingxiang to help with this matter, but later on when things happened in Huaye City,
Shelved it, now naturally we can no longer look for Guo Bingxiang.
He Bingguang showed a wry smile and said, "It's really hard to deal with those clan leaders in the New Territory!"
Chu Huan chuckled and said, "If it's easy to handle, anyone can be the general manager of Hang Lung Properties!"
He Bingguang could only nod his head and said: "Chairman, how much money are you prepared to spend to acquire the land exchange rights deed in the New Territories?"
Since there are currently 36 million square feet of land exchange rights in the New Territories, if calculated based on the average price in the New Territories, it would cost more than HK$1 billion to buy them all!
Well, it doesn't seem to be much, but I just thought about this kind of thing. If I really do this, it will probably attract the attention of the whole Hong Kong in a short time. By then, all the real estate companies in Hong Kong will follow suit and speculate on land rights and interests.
This directly led to the early explosion of land prices in the New Territories, as well as the intervention of the Hong Kong government!
so......
"I will transfer 100 million to you first, and then ask me for it after you collect it!" Chu Huan said.
He Bingguang was stunned again. He didn't expect that Chu Huan would be interested in the land exchange rights deed in the New Territories at first. Then he didn't expect that Chu Huan would want so much?
But since there is no need to use the company's original funds, He Bingguang naturally has no objection as to the specific reasons.
He Bingguang has not been with Chu Huan for a long time, but when he chatted with Xu Yi once, Xu Yi told him something about Chu Huan.
"If one day you find that you cannot understand the chairman's decision, don't rush to defend the matter with the chairman. Instead, calm down and think about why the chairman did what he did."
"What if you still can't understand?" He Bingguang asked at that time.
Xu Yi's answer was: "Then wait, time will prove to you that the chairman's decision is definitely correct!"
He Bingguang kept Xu Yi's suggestion firmly in mind.
Since you can’t figure it out now, just wait!
"Okay, I will work hard to complete this matter!" He Bingguang said to Chu Huan seriously.
Chu Huan nodded with satisfaction: "It's best to spend all this money within two years, otherwise I will doubt your ability to work!"
He Bingguang smiled confidently: "I will definitely promise to spend all the money in more than one year and within two years!"
Chu Huan nodded with satisfaction. The content attracted too many people's attention in one year, so within two years it would be just right!
After finishing the conversation with He Bingguang, Chu Huan returned to Jiahu Building and found Xu Yi.
"How are you doing with the thing you were asked to do?"
Chu Huan asked Xu Yi directly.
Xu Yi was just stunned for a moment, and then immediately understood what Chu Huan meant, and said: "It has been arranged. I believe Li & Fung will not have a good New Year!"
"Very good, go and get busy. I will give myself a holiday in the next half month. If there is anything I need to solve..."
Before Chu Huan finished speaking, Xu Yi immediately said with a smile: "I will go to the villa in Repulse Bay to find you!"
"very good!"
...
Although it was a holiday for herself, Chu Huan actually still had a lot to do.
First of all, it is the end of another year, and various cocktail parties in Xiangjiang's business and political circles have also begun. One year has passed, and Chu Huan has done so many shocking things, and his reputation is naturally higher than last year.
So Chu Huan was invited to more cocktail parties.
But Chu Huan is still like that, he can hide if he can, and if he can't hide, he can only participate.
Especially the gatherings of the Xiangjiang Toys General Chamber of Commerce, Chu Huan has to attend. After all, Chu Huan is still the president of the Xiangjiang Toys General Chamber of Commerce.
At the cocktail party of the Chamber of Commerce, Chu Huan met Feng Hanzhu from Li & Fung Group.
Others have been secretly paying attention to Chu Huan and Feng Hanzhu. Everyone knows that Chu Huan has never reached a settlement with Li & Fung Toys, but now a few months have passed, and Chu Huan has acquired Jiahe and Chinese
Real estate, the acquisition of China Entertainment, and the opening of Huaye City have done so many things, but they have not targeted Li & Fung Toys.
This made everyone begin to think that the reason why Chu Huan did not forgive Li Feng Toys was more because Li Feng Toys was the most noisy when Youth Toys was founded.
But now youth toys are booming in Hong Kong, while the market of Li & Fung Toys is further sluggish. This can be regarded as Chu Huan’s punishment for Li & Fung Toys, so many people now think that the relationship between Chu Huan and Li & Fung Group
That's how things happened between now and then.
Especially when they saw the chatting and laughing between Chu Huan and Feng Hanzhu, they thought so even more.
Although others thought so, Feng Hanzhu did not think so.
As the saying goes, the people who know you best are not your friends, but your enemies.
Since the day he knew that he and Chu Huan had become enemies, Feng Hanzhu had been wary of Chu Huan and also studied Chu Huan.
He knew that Chu Huan was definitely not the kind of person who makes loud noises but makes little noise.
Since the two sides had such a violent quarrel at the beginning and Chu Huan did not express any intention to reconcile with Li & Fung Group, Feng Hanzhu knew that Chu Huan was definitely going to do something, but he still didn't know what Chu Huan was going to do.
In fact, sometimes when I think about it, Feng Hanzhu is still a little proud. Looking at Chu Huan's opponents along the way, none of them are worse than Li & Fung Group, but Li & Fung Group has been able to prevent Chu Huan from finding a way to deal with them.
method.
The most important thing is that they have also received an order of 100 million, and now there is only one month left before delivery. As long as they complete the sewing of garment zippers, their order this time will be considered completed.
By then Li & Fung Group will no longer be afraid of Chu Huan.
How about being richer than us? We at Li & Fung Group are like a piece of iron. As long as we don’t make any mistakes, there is nothing you, Chu Huan, can do!
This is Feng Hanzhu's idea.
In fact, there is nothing new in the reception held by the Hong Kong Toy General Chamber of Commerce. Everyone sits together, eats, drinks, and communicates with each other. Then they talk about the development prospects of the Hong Kong toy industry, adjust the flow of goods, etc.
There is nothing else to do.
Of course, in order to increase the influence of the Toy General Chamber of Commerce, they will also donate to Tung Wah Group of Hospitals.
Tung Wah Group of Hospitals originated from Tung Wah Hospital and is the first Chinese charity hospital. It was established in 1872. It was initiated by wealthy Chinese businessmen in Hong Kong through donations and establishment, specializing in providing free medical care to the elderly and poor Chinese.
At the same time, the construction of Tung Wah Hospital received land allocation support from the then Hong Kong Governor McDonald.
In 1911, Kwong Wah Hospital in Kowloon and Tung Wah Hospital in Eastern District, established with funds raised by Chinese businessmen, merged with the original Tung Wah Hospital and were called Tung Wah Group of Hospitals.
Tung Wah Group of Hospitals' funding mainly comes from public donations and trial income, but the hospital's organization and operations are subject to legal supervision.
Tung Wah Group of Hospitals is the largest and oldest charity institution in Hong Kong. Wherever there are charities, there are naturally rich and famous people. In other words, charities are tied to social celebrities because they can do
Charitable people are basically those who are not rich but noble, and doing good deeds can demonstrate social status, especially an institution like Tung Wah Group of Hospitals, which is recognized by the Hong Kong government, and naturally attracts celebrities and celebrities to join.
Therefore, the board of directors of Tung Wah Group of Hospitals is a reflection of social celebrities, and you do not have to be rich to be elected. You must donate at least 800,000 per year, and must obtain government approval and permission. However, if you can enter, or even become the chairman, your social status
Naturally, you will be recognized, and your personal prestige and reputation will be enhanced.
Of course, everyone who wants to join the board of directors also has their own ideas and purposes outside of charity.
Even in the 1950s and 1960s, donations from Tung Wah Group of Hospitals were a vague and rigid indicator of whether one could become a Justice of the Peace.
Chu Huan and Feng Hanzhu did not quarrel at the reception of the Toy General Chamber of Commerce, which made everyone else secretly happy. After all, one was the president and the other was the vice president. If they were to quarrel, their Toy General Chamber of Commerce
There is no need to continue doing it!
However, at the reception, Chu Huan still learned some bad news, that is, Mr. Qin Shihong's health was getting worse.
This is what Qin Tianheng, who came to attend the Toys General Chamber of Commerce reception on behalf of Qin Shihong, told Chu Huan.
After hearing this, Chu Huan let out a long sigh. He and the Qin family first had a competitive relationship, and later became a cooperative relationship. It can be said that the one with the longest relationship with the entire business community in Xiangjiang is Tianhua Toys.
Unexpectedly, Mr. Qin's health is getting worse and worse now.
"The doctor said, New Year's Day is just a few days away!" Qin Tianheng was not in a good mood. After all, Mr. Qin in the entire Qin family supported him the most.
Even Qin Tianheng's father Qin Yaozong has been instilling the idea in Qin Tianheng during this period, that is, Qin Tianheng is still too young to be in charge of a business as big as Tianhua Toys, and he should discuss anything with him more.
Chu Huan said: "I will take some time to visit the old man in the next two days!"
Qin Tianheng nodded and said, "I'm determined!"
The two didn't communicate much because of this incident. After chatting for a few words, they separated.
...
Qin Yaozu has been in a bad mood recently, firstly because of his father Qin Shihong's illness, but most importantly, because his father Qin Shihong actually wants to hand over the Tianhua toys to Qin Tianheng's nephew.
This was something Qin Yaozong couldn't accept. He had been fighting with Qin Yaozong for so many years, but in the end neither of them fought, but he took advantage of his nephew?
This was a huge psychological gap that he couldn't bear.
"Old guy, old guy, why? Why should you leave your assets to that little bastard? What qualifications does that little bastard have?"
That night, Qin Yaozu finished drinking and was getting angry in his residence. Next to him, squatting on the ground was a woman with five fingerprints on her left cheek.
This is not Qin Yaozu's wife, but a little star he recently raised.
Just now, the little star just said something that made Qin Yaozu unhappy, and Qin Yaozu gave him a big slap in the face.
Seeing Qin Yaozu's almost crazy look, the little star was timid, but did not dare to lose his temper. He could only get up from the ground and quietly sit on the sofa without saying a word, not daring to provoke Qin Yaozu again.
But there were only two of them here, so Qin Yaozu naturally couldn't let Little Star go. With his eyes red, he walked up to Little Star, leaned down, and grabbed her shoulders with both hands, like a beast that wanted to eat people.
"Why? Why do you think? I worked so hard to manage the company for that old guy, but he didn't hand over the company to me, but to that little bastard?"
The female star's body trembled slightly and she said softly: "I, I don't know either?"
"You don't know?" Unable to wait for the answer he wanted, Qin Yaozu became even more angry, and the violence in his heart naturally became stronger.
He picked up the little star by the collar and said viciously: "You don't know, then why do I give you so much money every month?"
Go to bed with you... Xiaoxing replied in his heart, but seeing Qin Yaozu's angry look, he knew that if he didn't give an answer, he would be beaten again.
At this time, she thought of a costume drama she had recently performed on Li's TV, and hurriedly said: "Young Master Qin, Shao Qin, I acted in a costume drama on Li's TV a few days ago, and there were also big families fighting for property in it.
In the scene, I heard the lines in it say that the enemy of your enemy is your friend, maybe you can find friends in the Qin family!"
"Friends, what kind of friends? Apart from me, the only two people left in the Qin family are Qin Yaozong and his son, Qin Yaozong. Could it be that they can turn against each other and become enemies?"
The little star said without thinking: "As long as the benefits are attractive enough, why not?"
The furious Qin Yaozu was suddenly stunned, yes, as long as the benefits are attractive enough, why not?
The old guy handed the Tianhua toy over to Qin Yaozu and handed it to Qin Tianheng. Qin Yaozu didn't believe it if Qin Yaozong didn't have any trouble in his heart.
This chapter is not over yet, please click on the next page to continue reading! But no matter what, Qin Tianheng is his son, so he shouldn't stand on his side, right?
Qin Yaozu was thinking about this matter, then sat on the sofa and remained silent.
When the little star saw that Qin Yaozu had stopped moving, she quickly shut her mouth. She actually didn't believe what she just said. She felt that this kind of thing was just nonsense from the screenwriter, but she didn't expect that it would actually make Qin Yaozu furious.
Calm down.
The next day!
Tianhua toys!
Today is the company's regular meeting. Qin Yaozu is sitting in his seat, looking at Qin Yaozong sitting opposite him, thinking about what the little star said to him last night.
"Brother, Tianheng's cards are really getting bigger and bigger. It's okay to let me, an uncle, wait, but I let you, an old man, wait here too."
At this time, there were only two brothers in the conference room. Although other senior executives of the company also came, they were just kicked out by Qin Yaozu because Qin Tianheng, who was responsible for presiding over the company meeting, did not come either.
Qin Yaozong snorted coldly and said, "Second brother, what do you want to do? Daddy is in the hospital now. Tianheng goes to see his grandpa every day. You don't know!"
Qin Yaozu said very casually: "Of course I know, otherwise why would daddy hand over the company to Tianheng and let me, the second uncle, and you, the daddy, assist him?"
"What do you mean?" Qin Yaozong's expression changed and he looked at Qin Yaozong coldly.
Qin Yaozu spread his hands and said: "What can I mean? I just want to ask you, eldest brother, whether you want to call me Chairman Tianheng in the future? Or son?"
Qin Yaozong knew what Qin Yaozu was going to do, so he sneered and said, "Second brother, is your brain broken? You actually want to sow discord between me and Tian Heng?"
Qin Yaozu smiled and said: "How is that possible? I'm not stupid, I'm just curious."
Qin Yaozong snorted coldly and said nothing.
Qin Yaozu suddenly put his hands on the conference table, leaned forward slightly, looked at Qin Yaozong with curiosity and asked: "Brother, what will the employees in the company think of you when your father hands over the company to Tianheng?"
ah?"
Before Qin Yaozong could reply, Qin Yaozong had already asked and answered his own question, "Yes, they will definitely say that Qin Yaozong must have done something to make the old chairman sad, so that he would skip him and hand over the chairman's position to him.
Qin Tianheng!"
"That's enough!" Qin Yaozong slammed the table, stood up, and turned to leave.
But just at this moment, Qin Tianheng came to the conference room.
When they saw Qin Yaozong and Qin Yaozu, they greeted each other, "Daddy, second uncle!"
At this time, Qin Tianheng was no longer as arrogant and domineering as he was in the previous two years. Under the guidance of his grandfather's words and deeds, he was very respectful and polite to both Qin Yaozong and Qin Yaozu.
When Qin Yaozong saw Qin Tianheng, he immediately said dissatisfied: "What did you do? You came so late even though you knew the company's regular meeting today. How did you make the company's senior executives miss you?"
Seeing Qin Yaozong being so angry, Qin Tianheng was slightly startled. He didn't understand why his father was so angry. He knew that he would visit his grandfather every day.
But Qin Tianheng did not explain, but said to Qin Yaozong sincerely: "Daddy, I was wrong, and I won't do it again!"
Seeing Qin Tianheng like this, Qin Yaozong's anger suddenly subsided, and he realized that he had been aroused by Qin Yaozu just now.
After thinking about this, Qin Yaozong suddenly felt regretful and said to Qin Tianheng: "Tianheng, daddy was a little anxious just now. Don't take it to heart. The main reason is that daddy is worried that the senior management of the company will think that you haven't taken the seat yet."
As for the position of chairman, it has begun to be arrogant, which is not very good for your reputation."
Qin Tianheng smiled and said: "I know Daddy, I really won't do it anymore!"
Qin Yaozong nodded with satisfaction, then sat back in his seat and said matter-of-factly: "Go and call the senior executives of those companies in for a meeting!"
Qin Tianheng didn't say anything, turned around and left the conference room, notifying his secretary to ask the company's senior management to come over for the meeting.
Qin Yaozu looked at what just happened with a cold eye, curled his lips slightly and said nothing.
Soon, all the top executives of Tianhua Toys came in. Just when Qin Tianheng was about to announce a regular meeting as before, Qin Yaozong was the first to speak.
"Let's talk about the things in each department!"
Qin Tianheng, who was sitting in the first place, was stunned for a moment, but still didn't say anything. After all, he was his father. Even if he had thoughts in his heart, he should say them in private and not show them on such occasions.
By increasing their prestige in the company, their entire Qin family will become the laughing stock of the company.
So under such circumstances, the regular meeting of the top management of Tianhua Toys became Qin Yaozong's one-man show, giving orders for Qin Tianheng!
After the meeting ended, Qin Tianheng walked into Qin Yaozong's office...