When everyone was paying attention to this matter, they ignored that it was already May!
Now many people in Xiangjiang are paying attention to "True News". It has been a week since Chu Huan bought the piece of land in East Tsim Sha Tsui at auction, but there has been no news from Hang Lung Properties.
There is only a rumor that a dedicated team has been set up at Hang Lung Real Estate to take charge of this project.
Although many people know that such a huge investment must take a long time to complete the preliminary stage, this matter cannot help but attract the attention of the whole Hong Kong.
Since there has been no news from Hang Lung Real Estate, rumors are flying all over the place, but the most important news is that Chu Huan has encountered a cash crisis!
It's not that Chu Huan is personally short of money, but that this project is too big and Hang Lung Properties simply doesn't have sufficient funds to start it.
Some newspapers even published their own investigations in a serious way!
“When Hang Lung Properties was acquired by Chu Huan, it owned the luxury building Hengbai Garden at No. 1 Litteton Road in the Mid-Levels District of Hong Kong Island, Hang King Pavilion and Hengying Building on Yunjing Road in North Point, etc., and 8 more have been completed.
The properties currently collecting rent include Hang Lung Center in Causeway Bay, Parkview Commercial Center in Kowloon, Po Shing House on Nan Wan Road, Hong Kong Island, Shaw Towers in Mongkok, Kowloon, and Golden Gate Tower in Central District, etc.
This year, Hang Lung Properties has developed several properties including Lychee Garden with 600 building units.
Based on the current rents of commercial buildings in Hong Kong and land price forecasts, Hang Lung Properties’ profit last year should be around HK$59 million.
Although this profit is much better than that of other real estate companies in Hong Kong, it is not enough to support Hang Lung Properties' development of the land in East Tsim Sha Tsui.
Unless Chu Huan takes the profits from his other companies to Hang Lung Properties.
But this is obviously unrealistic.
Before this, countless media colleagues speculated that Chu Huan's net worth had exceeded 10 billion, but this net worth obviously included various real estate properties, rather than Chu Huan having tens of billions of Hong Kong dollars in cash at his disposal.
In addition, please don’t forget that at the beginning of this year, Chu Huan obtained the land at No. 12 Mount Galley Road for more than 100 million in cash. Now the construction of this land has started, and the preliminary estimate of the construction cost is at least 200 million Hong Kong dollars.
!
At the same time, Chu Huan also acquired a large number of shares in TVB in April and established his own media group.
Later, Chu Huan bought this piece of land in East Tsim Sha Tsui for nearly 500 million Hong Kong dollars. The expenditure on these projects alone was close to 900 million Hong Kong dollars. Even if Chu Huan's companies made money, they would not be able to do so in such a short period of time.
Within a certain period of time, provide Chu Huan with one billion Hong Kong dollars in cash.
If this is the case, Chu Huan's net worth will not be tens of billions, but will start at least 20 billion!
So no matter how you look at it, Chu Huan may have encountered the most difficult cash flow difficulty in his business career when it comes to the development of the land in East Tsim Sha Tsui!"
A eloquent news report instantly became the focus of discussion in Hong Kong again.
Whether Chu Huan still has cash in his hands has become the most hotly debated topic in Hong Kong!
Of course, and more importantly, no one expected that Chu Huan would have spent nearly 900 million Hong Kong dollars this year!
Paying back money is like running water!
While discussing whether Chu Huan still had cash in hand, countless people were envious of Chu Huan's consumption.
How rich do you have to be to be able to spend nearly one billion Hong Kong dollars in less than half a year?
Soon other newspapers and magazines were following up on the matter.
This naturally makes such discussions become more and more intense!
Chu Huan, who was at the center of the discussion, was not in a very good mood at this time.
However, Chu Huan was in a bad mood, not because of those reports, but because some unscrupulous people came to Hang Lung Real Estate during this period.
Zhenhua Real Estate!
The boss’s name is Liao Zhenhua.
There is a real estate company that Chu Huan has never heard of. Their CEO is wearing gold and silver. He does not look like the CEO of Xiangjiang Real Estate Company, but looks like the CEO of the urban real estate company in later generations.
As if he is afraid that others will not know that he is rich!
It was such a real estate company boss who found Chu Huan today.
"Director Chu, I heard that your company has encountered some cash difficulties recently. Everyone is in the real estate industry. I can't watch Director Chu have problems with your business, so Director Chu, why don't you give me a discount per square foot?"
You can sell the land at No. 64 Mody Road to us, Zhenhua Real Estate, for HK$100!"
Seeing the other party's triumphant look, Chu Huan turned to look at Xu Yi, who lowered his head in Chu Huan's eyes.
"You must have been dumped recently, right? Your brain capacity has obviously become smaller. How did you get such a person in?"
Xu Yi murmured softly, "He wasn't like this just now!"
"Hey, Chu Huan, what are you doing? Now I've taken the initiative to help you. Let me tell you, there is no store like this after passing this village!"
Liao Zhenhua was very dissatisfied as he looked at Chu Huan and Xu Yi muttering quietly.
Chu Huan ignored him, but said to Xu Yi, "Let Qin Peng come in and get this person away quickly, or I will get you away soon!"
Xu Yi didn't dare to delay, so he quickly called Qin Peng in, and then drove out Liao Zhenhua, who didn't know how high the sky was.
"Well, boss, haven't you always wanted to hoard land in the New Territories? This man is a landowner in the New Territories. I thought you could buy some land from him!"
After Qin Peng drove the dissatisfied Liao Zhenhua out, Xu Yi stood opposite Chu Huan and preached carefully.
Chu Huan shook his head and said, "It's just this once!"
"I know, thank you, boss!" Seeing that Chu Huan did not punish him, Xu Yi immediately said happily.
Chu Huan smiled bitterly and shook his head.
However, it can also be seen from Liao Zhenhua's incident that the mainstream voice in the Xiangjiang business community is that Chu Huan has a cash crisis.
I didn't expect that just because I didn't want to be too high-profile, I would actually attract so many monsters and monsters.
"When will Cao Yunzu get the drawings out?"
Chu Huan asked Xu Yi.
No matter what kind of noise the people outside are making, Chu Huan is carrying out his work step by step.
During this week, Chu Huan met Li Jiacheng. Although Li Jiacheng said it very sincerely, Chu Huan still did not agree to Li Jiacheng's joining. Let alone Li Jiacheng, even former partners like Guo Desheng and Zheng Yutong, Chu Huan did not agree.
Prepare to take them to play this project together.
Later, Chu Huan met with Cao Wenjin, Cao Yunzu, and Guo Henian. As Chu Huan expected, Guo Henian also wanted to jointly develop this land with Chu Huan, but Guo Henian's request was relatively simple.
Winning land No. 64, he wants to build a large hotel there as a base for his development in Xiangjiang!
Chu Huan, who did not agree with Li Jiacheng and had no intention of taking Guo Desheng and Zheng Yutong to play together, chose to cooperate with Guo Henian this time.
There is no other reason. Guo Henian did help Chu Huan back then!
However, Chu Huan did not sell land 64 to Guo Henian, but the two parties worked together to develop the land. Hang Lung Properties invested in the land and cash, accounting for 40% of the new hotel's shares, while Guo Henian paid cash
by investing in the new hotel, accounting for 60% of the shares in the new hotel.
At the same time, the architectural style of this hotel must be consistent with the architectural style of the entire land, which means that the design rights do not belong to Guo Henian!
Although the conditions were somewhat harsh, Guo Henian finally agreed to Chu Huan's request.
With this cooperation, Chu Huan has returned the favor to Guo Henian!
Chu Huan then discussed with Cao Yunzu that Cao Yunzu's design company would be responsible for the design of the entire land commercial center.
The reason why Chu Huan wanted to buy the entire land in the first place was to build it into the top business circle in Hong Kong.
It is not the same as letters and real estate in another time and space.
In another time and space, Xinhe Real Estate built this area into a business circle with different styles due to financial pressure. At the same time, in order to relieve its own financial pressure, it sold many properties.
But Chu Huan won't. Chu Huan wants to build this place into the top business circle in Hong Kong and even Asia.
Of course, Cao Yunzu would definitely have to ask his teacher Bei Yuming to come forward for the design work.
In the past few years, Pei Yuming has almost become Chu Huan’s dedicated designer!
This is the specific reason why Hang Lung Properties has not disclosed the progress of this project. I haven't even prepared the design drawings. What do you want me to announce?
As a result, this behavior caused the outside world to believe that Chu Huan was short of cash.
The design of a drawing takes at least three months to half a year. Chu Huan does not have enough cash to develop this site now, but after three months or even half a year, Chu Huan will have no money?
Just kidding!
Later, Chu Huan held a meeting at Hang Lung Real Estate, convened the entire middle and senior management of Hang Lung Real Estate, and selected a team. He also selected a team at Jiaku Consulting Company to be responsible for the development of this land.
Again, I don’t even have the design drawings, so I’m just going to develop something!
So now everyone is actually waiting for the design drawings to appear.
In the end, Chu Huan met Roy Bentley and learned what HSBC meant. However, Chu Huan did not tell Roy Bentley his plans. He only told him that he only recognized him in HSBC.
!
Such an answer made Roy Bentley very happy!
Now Cao Yunzu is wandering around the land with his teacher Bei Yuming.
Xu Yi said, "Mr. Cao has not given a specific time yet, but I have talked with people from his company. Design drawings of this scale will take five months at the fastest!"
Chu Huan nodded and said, "Tell them not to worry, I want the best!"
Xu Yi nodded and said, "Understood!"
Xu Yi then said to Chu Huan, "Boss, should we hold a press conference? Otherwise, there are always rumors outside that we have financial problems. This is not a good thing. Several other companies have also called, saying that it is them."
All our suppliers have recently been more active in calling for payment than before!”
Chu Huan said with some dissatisfaction, "Why do we have to explain what they say? If we are not used to their problem, let them report it if they are willing to report it!"
At this time, Chu Huan thought of a joke for future generations, started a rumor, and broke his legs trying to refute the rumor!
Although this kind of rumor does no real harm to Chu Huan, as mentioned before, the financial status of the companies under Chu Huan's name is very good, and there will not be any problems even if the payment is paid in advance.
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"By the way, let's talk to those suppliers who are calling for payment now. If they want to cooperate in the future, unless it is to reduce their costs, we will consider changing suppliers!"
Chu Huan told Xu Yi to preach.
Xu Yi believed that this was Chu Huan’s real purpose, but still said, “Okay!”
Is this Chu Huan’s true purpose?
Of course not, Chu Huan’s goal is Shen Bi and Li Jiacheng!
Because just today Shen Bi couldn't help it anymore and took the initiative to call Chu Huan and invite Chu Huan to come out and sit down.
Although the relationship between Chu Huan and Shen Bi was not on good terms, they had not officially fallen out, so Chu Huan still went to this appointment.
In the afternoon, after finishing a day's work, Chu Huan took a car to the peninsula.
Originally, Shen Bi wanted to ask Chu Huan to go to Xiangjiang for a meeting, but Chu Huan refused!
Finally, the two sides agreed to meet on the peninsula.
In the coffee shop, when Chu Huan walked in, he saw Li Jiacheng sitting there alone.
"Where's Mr. Shen?"
Chu Huan walked over, sat down and greeted Li Jiacheng with a smile.
Li Jiacheng said, "Mr. Shen should be arriving soon!"
Chu Huan nodded, understanding that Shen Bi was playing a trick with him. It was just because he refused Shen Bi to go to Xiangjiang for a meeting. This made Shen Bi feel a little dissatisfied, so when they met, Shen Bi arrived late on purpose.
For a few minutes, I started to play with my psychological advantage, trying to take the initiative in the conversation.
Li Jiacheng said to Chu Huan sincerely, "Director Chu, I hope Director Chu can think carefully about introducing our Yangtze River Corporation. Our Yangtze River Corporation is really sincere in cooperating with you, Chairman Chu.
This project is different from residential real estate projects. You can sell it after it is built and then exchange for profits. I believe that Chairman Chu definitely wants to build this place into the largest and most luxurious business district in Hong Kong. If this is the case, although rent collection will last for a long time, it will not last long.
It’s definitely impossible to make back the cost!”
This is what Guo Desheng, Zheng Yutong and others who are close to Chu Huan are worried about.
Whether it is a commercial building or a shopping mall, most real estate companies in Hong Kong will not sell such places, but use them to collect rent.
Why Wharf was acquired by Bao Yugang in another time and space is because of a Harbor City project. The entire Harbor City invested 2 billion Hong Kong dollars. Even if some of the residential units were sold, it still dragged down Wharf's cash flow.
This led to the management of Wharf, in order to continue to develop Harbor City, and finally had no choice but to continuously issue new shares. As a result, Jardine Matheson's shareholding in Wharf was not even 20.
As a result, Bao Yugang was given a chance!
Now Chu Huan only has Chinese Land in his hands which is a listed company. As a result, the land in East Tsim Sha Tsui was not bought by Chinese Land.
That's why so many people think that Chu Huan will be overwhelmed by cash in this project.
Chu Huan smiled and said, "I appreciate Director Li's kindness. Regarding the land in East Tsim Sha Tsui, we, Hang Lung Properties, have already planned to develop it independently and will not introduce external companies!"
This is the first time Chu Huan has expressed his true thoughts about the land in East Tsim Sha Tsui to outsiders.
But the more real the idea, the more shocking it is, and this is the case in Lijiacheng.
"With such a huge investment, isn't Director Chu worried about the financial problems that may arise?" Li Jiacheng couldn't help but say.
"That's Hang Lung Real Estate's business, don't bother Director Li to worry about it!" Chu Huan was still very polite.
Just at this time, Shen Bi walked in, less than three minutes after Chu Huan.
When Chu Huan saw Shen Bi come in, he couldn't help but wonder, could the other party be hiding somewhere secretly, then see her appear, and then pretend to have just arrived?
"Sorry, there's a traffic jam, I'm late!"
After Shen Bi sat down, he smiled and preached.
Chu Huan didn't say anything to the other party, and directly asked, "Mr. Shen personally called me to invite me over. I don't know why?"
Shen Bi smiled and said, "Director Chu is still so vigorous and resolute, no wonder the business can be so big!"
Chu Huan responded, "Thanks to the help of HSBC, otherwise, my development would not have been so smooth!"
Shen Bi said, "We at HSBC have always hoped to serve Hong Kong enterprises well!"
Even if Chu Huan didn't want to say hello, Shen Bi had to deal with it. Fortunately, the two of them really had nothing to say. Then Shen Bi told Chu Huan that he had asked Chu Huan out.
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"Have the recent newspapers had some influence on the recent situation of Director Chu's company?"
Chu Huan said calmly, "It's okay, I can't talk about the impact, it's just some minor troubles!"
Shen Bi said, "Director Chu is one of our closest business partners at HSBC in Hong Kong. If Director Chu has any problems, he must tell us at HSBC. The senior classmate of Shaya also mentioned it to me before, saying that let's We will cooperate well with Mr. Chu’s development in Xiangjiang!”
"Our company will always remember Sha Ya's help to our company!" Chu Huan said calmly.
Shen Bi smiled. It seemed to him that Chu Huan was still trying to hold on at this time. Such a large piece of land had been left there without any movement. He didn't believe that Chu Huan was not anxious.
Shen Bi decided to give Chu Huan a step down at this time. After all, it won't be long before Chu Huan becomes the most powerful horse in his hands. He cannot suppress her blindly!
When he has the upper hand, Shen Bi doesn't mind showing his magnanimity.
"Director Chu, we at HSBC have already inspected the East Tsim Sha Tsui project. It is a very worthy investment project. Now that Director Chu has encountered some financial problems, who makes us, HSBC, and Director Chu our closest partners?" Well, so after the suggestion from Sha Ya Taipan and I, HSBC is willing to provide part of the funds to invest in this project of Director Chu.
By the way, Director Li's Cheung Kong Holdings is a very successful real estate company, especially when it comes to developing large commercial centers, and it has its own unique insights.
So, Chairman Chu, why not bring in Cheung Kong Industries and let the three of us work together to create a good story about Hong Kong business!"
Chu Huan sat there without saying anything, just looking at Shen Bi with some confusion.
After Shen Bi finished speaking, he did not get the expected approval from Chu Huan. Instead, Chu Huan stared at him blankly, which Shen Bi couldn't understand.
Is it because you are too happy?
In fact, I really can't blame Shen Bi for having such thoughts. Shen Bi has been a senior executive of HSBC since he came to Hong Kong and has been in contact with so many people in the business community of Hong Kong.
When every person mentions HSBC, no one feels reverence.
Even though Shen Bi repeatedly reminded himself that this was their respect for HSBC and not for themselves, over time it was inevitable that they would not be able to tell whether it was for themselves or for HSBC.
Now Shen Bi has become the most powerful candidate to be the next CEO of HSBC. In fact, in Shen Bi's heart, he is HSBC, and HSBC is itself.
Although Chu Huan had made himself frustrated one after another before, that was already a thing of the past. During this period, Shen Bi had already inquired through his own connections. Chu Huan had not contacted any banks yet. I think Chu Huan also understood this. It is a big project, with such a huge amount of money, but the shortcoming is that the payment is slow.
None of these are what other banks can afford.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! So Shen Bi is sure that Chu Huan will definitely ask for help from HSBC in the end. Since he is asking for help from HSBC, he is now acting a little frivolously to win over. That makes sense.
Chu Huan finally spoke and said with a smile, "I appreciate Mr. Shen's kindness. I just told Director Li that our Hang Lung Real Estate wants to complete this project independently and is not planning to bring in other partners. As for The funds required for the project will only be a few months away, after all, the design drawings of the entire project have not yet been released!"
After saying that, Chu Huan stood up, told Shen Bi that he had something else to do, and then left the coffee shop first.
Because Chu Huan didn't know what Shen Bi was thinking, Chu Huan began to wonder because of Shen Bi's words. Was he being too nervous because he had been so wary of Shen Bi?
Seeing Chu Huan leaving like this, Shen Bi's face instantly turned red. He didn't expect Chu Huan to dare to leave at this time?
The anger in my heart immediately rose.
However, Shen Bi is not an ordinary person after all. This anger not only did not make Shen Bi lose his mind, but also extinguished the previous pride in his heart and calmed down again.
"Director Li, you don't have to worry. Since I promised you this, I will definitely take your Yangtze River Industry with me. During this period, you can just develop your own Yangtze River Industry, and I also have to reflect on my own time." performance.
But what I said is, if Changshi can join, he will definitely be able to join, even if Jesus comes, it will be useless!"
In the end, Shen Bi gave a cold sermon.
After talking to Li Jiacheng, Shen Bi stood up directly and left the coffee shop.
The waiter in the coffee shop saw that only one customer at this table had left, and hurriedly came over and asked, "Sir, are you paying the bill?"
Lijiacheng ""
After regaining his senses and calming down, Shen Bi did not choose to go to Sha Ya immediately. If he had Sha Ya's help this time, he still would not be able to let HSBC penetrate into Chu Huan's business.
So from now on, I'm afraid I won't get any preferential treatment in Shaya.
But Shen Bi did not choose to use the Pan Wan move to deal with Chu Huan like he did in the past.
Since Chu Huan wants to fight, Shen Bi must use the resources at HSBC's disposal to fight Chu Huan!
So at the first opportunity, Shen Bi went to Yihe!
"It's still a long time, let's take our time!"
Shen Bi sat in his car and preached softly.
Before, he thought that Chu Huan's design of this site in East Tsim Sha Tsui would take too long, but now he needs this time.
Since Chu Huan had already met Roy Bentley, he naturally knew that Shen Bi had been authorized by Sha Ya, and also understood that Shen Bi would definitely make some moves later.
"Will there be some trouble?" Cao Yunshang asked Chu Huan with some worry after learning that Chu Huan rejected Shen Bi's request.
Chu Huan sat there and smiled easily, "It's not like I haven't faced him before. Don't worry, Sha Ya doesn't support Shen Bi as much as you think!"
Cao Yunshang raised her eyebrows slightly and asked, "Do you know anything?"
Chu Huan shook his head and said, "No, but since Saya likes to play with the balancing skills of ancient Chinese emperors, then Saya will never allow anyone to have more influence in HSBC than herself at this time.
Among those princes in ancient times, who were active in the court and established their own power before I was dead, which one had a good ending?
Power is a good thing, even if it is your biological child, you have to guard against it, let alone Sha Ya and Shen Bi who are not biological children!"
Seeing that Chu Huan was so confident, Cao Yunshang didn't worry too much. After following Chu Huan for so many years, Cao Yunshang had already become accustomed to Chu Huan's ability to solve all problems easily.
"The Romance of Fairy Wood"
So Cao Yunshang believes that this time is no exception!
Both Chu Huan and Shen Bi understand that as long as the project has not officially started, it is impossible for the two sides to truly fight.
Everything now is just a trial between each other.
"Shen Bi needs time, and we also need time." Chu Huan said with a smile.
Cao Yunshang nodded.
In the following days, there was still discussion on the market about whether Hang Lung Properties was sufficient to handle the project in East Tsim Sha Tsui, but Chu Huan no longer cared about it. Now he had other things to do.
In May, for Chu Huan, there is a very important thing to do.
That's North America, where "Jaws" will be released this month.
This is the first movie released after the establishment of Apex Pictures, and the box office of this movie is also very important to Chu Huan.
In addition, Chu Huan also needs to withdraw some funds for himself in North America. After all, North America and Japan are his own withdrawal countries!
So after thinking about it for a while, Chu Huan decided to go to Los Angeles to watch the premiere of "Jaws" in person.
Originally, Chu Huan wanted to take Miao Kexiu there, but it turned out that the artistic film Miao Kexiu participated in last year was canceled due to Taiwan's last year's Golden Donkey Awards, so he participated in this year's Golden Donkey Awards instead.
So Miao Kexiu was going to Taiwan to attend the Golden Donkey Awards, and other women had other things to do, so Chu Huan had no choice but to go to Los Angeles by herself!