Chapter 278 Spending money like running water (7K chapters, please subscribe~)

  Subtract the funds that Chu Huan used to pay Sun Hung Kai, New World, and Hopewell Properties, minus the funds needed to acquire Hang Lung Properties.

  At this time, Chu Huan still had 430 million Hong Kong dollars in cash.

  In addition, the delisting and privatization process of Hang Lung Properties has been completed, and Chu Huan also injected 50 million Hong Kong dollars into Hang Lung Properties as he said before.

   In other words, Chu Huan still has 380 million Hong Kong dollars in cash in his hand at this time!

   How to use the 380 million Hong Kong dollars to successfully create more wealth has become Chu Huan's happiness worry at this time!

The safest way is to throw the 380 million cash into the Xiangjiang real estate industry to hoard more land. In this way, when the Xiangjiang real estate industry takes off again in 1976, the 380 million cash in Chu Huan's hand , will increase exponentially.

   But this timeline is too long, and if there is an urgent need for money in the middle, it is not easy to cash out.

   Moreover, Huhua Real Estate and Hang Lung Real Estate, the two real estate companies under the name of Chu Huan, have plans to hoard land. If Chu Huan also joins in now, it will be a bit too concentrated on their own assets.

   Let's take a look at the property in Chu Huan's hands at this time!

100% holdings include Black and White Imaging, and Shanhai Cinemas, a wholly-owned subsidiary of Black and White Imaging, "Fantasy Comics", and "Jianghu" martial arts magazine, which holds 60% of "Fantasy Comics", and "Jianghu" which holds 80%. "comics.

  Jiahu Textile, as well as Qingjin Clothing under Jiahu Textile, which is jointly controlled by Juvenile Investment, holds 95% of Huhua Real Estate, and 60% of Tianhai Real Estate!

   Of course, there is also Hang Lung Properties, which is now 100% controlled.

   At the same time, there are two major factories that will start construction next year, a printing factory and a toy factory.

   Tianhai Real Estate's Huaye City will officially start construction next year. According to the proportion of Huhua Real Estate holding Tianhai Real Estate, Huhua Real Estate needs to spend 120 million in cash to support the start of the Huaye City project.

  Chu Huan has already called Lu Qi. In February next year, Huhua Real Estate can only come up with 50 million in cash, and the rest of the funds will be used to hoard land.

   That is to say, by then, Chu Huan will still need to invest about 66.5 million in cash into Huhua Real Estate, while Sun Hung Kai Properties will need to spend 3.5 million to match his shareholding.

  Based on this calculation, Chu Huan only has 313.5 million cash left.

   This is still a happy trouble!

  However, for Chu Huan, this happy trouble was only temporary, because Chu Huan had already figured out how to use the money.

   On this day, the sky is clear, and the Hong Kong Jockey Club will be held!

  Some people say that members of the Xiangjiang Jockey Club are a status symbol in Xiangjiang, and Chu Huan no longer needs to use the membership of the Jockey Club to prove his identity in Xiangjiang.

   On the contrary, when the Huaye City project was launched before, Xiangjiang Jockey Club had already sent an invitation to Chu Huan, and Chu Huan became a member of the Jockey Club as a matter of course!

   "Mr. Chu, why are you in such a mood to ask me out to watch the horses today?"

Hu Yingxiang's recent life is actually not easy. After the Huaye City project came out, Hopewell Real Estate stopped the bleeding in time, and the stock price began to rise, but because of the outbreak of the war, the share price of Hopewell Real Estate fell again. Fortunately, there is Huaye City. This item is in.

  The stockholders of Xiangjiang gave Hopewell Real Estate some confidence, which also made the share price of Hopewell Real Estate fall less sharply than in another time and space.

  In another time and space, the share price of Hopewell Properties even fell below one yuan!

  Chu Huan stood by the window and looked at the galloping horses in the racecourse. Hearing the deafening sound of cheering, he signaled Hu Yingxiang to return to the booth to discuss business matters.

   After the two sat down, a waiter from the Jockey Club had already brought red wine.

   "There is something I want to discuss with Hu Dong!" Chu Huan said with a smile.

  Hu Yingxiang laughed, jokingly: "Mr. Chu, what else do you want to discuss with me?"

  Chu Huan chuckled lightly and said, "I really have to discuss this matter with you, Mr. Hu."

  Hu Yingxiang saw that Chu Huan did not appear to be joking, and asked curiously, "What is it?"

"I know that Hopewell Properties has a piece of land in the seaside area of ​​Tseung Kwan O, Sai Kung, about 150,000 square feet. I wonder if Mr. Wu's Hopewell Properties has no idea to develop that piece of land, can it be sold to me! "

  Chu Huan expressed his thoughts.

Hu Yingxiang was stunned for a moment, but he didn't expect that Chu Huan was talking about this matter, so he opened his mouth and said, "Hehe Real Estate does have a lot of land there, but there are no residents there, and there are no commercial facilities. It will take at least seven weeks It took eight years to see the value of the place, why did you fall in love with that land!"

Chu Huan said with a smile: "Now the filming of black and white images is still rented at the Shaw Brothers Clear Water Bay Studio and Golden Harvest's Cathay Pacific Studio. Although there are still two or three years of lease, it is not as smooth as having your own studio. So I just want to see that the piece of land in Dong Hu's hands is not willing to part with it!"

  Establishing his own studio is something Chu Huan has already thought about. Before, the cash in his hand was useful, so he didn't put this matter on the agenda.

   But it is different now. From now until next year, the land price in Xiangjiang is the cheapest in the past ten years. Chu Huan holds more than 300 million cash in his hand, so he naturally wants to build his own studio.

Moreover, in another time and space, in 1980, the Hong Kong government will develop the Tseung Kwan O area and build new towns. At that time, the land price of the land in its hands will also rise rapidly. After 2000, the land price will be even more terrifying. At that time, Chu Huan could completely transfer the filming base to his hometown.

  Hu Yingxiang couldn't help admiring: "Mr. Chu, I'm really curious about how much cash you still have in your hands. You actually want to build your own studio after acquiring Hang Lung Properties."

  This is another project worth over 100 million yuan.

   Hu Yingxiang couldn't help being surprised!

  Chu Huan smiled, and did not answer Hu Yingxiang's question directly, but asked directly: "I don't know what Chairman Hu means?"

Hu Yingxiang just thought about it briefly, and then agreed to Chu Huan's proposal. Although Hu Yingxiang just said that it would take at least seven or eight years for that area to develop, according to the current situation of Hopewell Real Estate, that area remains in the I have a chicken rib in my hand, not to mention seven or eight years, even ten years, Hopewell Real Estate may not have time to develop.

  In fact, if Chu Huan hadn't appeared, the land would have been sold by Hu Yingxiang next year.

  Seeing that Hu Yingxiang agreed to his deal, Chu Huan said with a smile, "What about the price of this piece of land?"

   "3.2 Hong Kong dollars per square foot!" Hu Yingxiang said directly.

When Yifu Shao bought the land for the Qingshuiwan film studio from his second brother, the price was HK$0.45 per square foot. Although the land price in Xiangjiang has increased by more than ten times compared to that time, it is also a place for scoring. Take the current land Generally speaking, it is a wasteland, and there is no sign of development in the surrounding area.

  So ten times the price is impossible, but the average land price is definitely more than 3.2 Hong Kong dollars per square foot. This is Hu Yingxiang’s help to Hopewell Real Estate before thanking Chu Huan.

   At 3.2 Hong Kong dollars per square foot, Hu Yingxiang has 150,000 square feet in his hands, and the total price is only 480,000 Hong Kong dollars.

  If it was only this price, Chu Huan would not be needed.

  So the next thing is Chu Huan's purpose of meeting Hu Yingxiang in person!

"I know that Mr. Hu has a good relationship with the aborigines in Saigon and some real estate developers. It is far from enough to build a studio with 150,000 square feet, so I need more land, which is connected to Mr. Hu's land. That part!"

  Hu Yingxiang also understands that it is impossible for Chu Huan to meet him in person for a deal of less than one million. Now it seems that Chu Huan really wants to build his own studio.

   "I don't know how much Director Chu you want?"

  Chu Huan said: "The bottom line is 800,000 square feet, but it is best to reach more than 1.2 million square feet!"

Hearing what Chu Huan said, Hu Yingxiang couldn't help it anymore: "1.2 million square feet? Although the land price is nothing, 1.2 million square feet is just over four million, but if you want to build your own studio... I Remember that Shaw Brothers’ Clear Water Bay studios cost forty to fifty million yuan, but that was in the 1950s and 1960s. If you want to build a studio like this now, it would cost more than 100 million yuan. !"

   Regarding Hu Yingxiang's surprise, Chu Huan didn't say anything. With more than 300 million cash in his hand, now a studio is only an investment of more than 100 million. Will Chu Huan care?

   "Then leave this matter to Hu Dong?"

  Hu Yingxiang nodded and said: "No problem, but such a large piece of land, if you want to take it all, it will take at least one or two months!"

  Chu Huan nodded and said: "No problem, I can still afford to wait for this time."

  With Chu Huan's guarantee, Hu Yingxiang didn't have any opinions, and said: "Then Director Chu, just wait for my news!"

  After finishing speaking, Hu Yingxiang couldn't help but said to Chu Huan: "Director Chu, how about we discuss something?"

  Chu Huan seemed to have known Hu Yingxiang's thoughts, and said with a smile: "At that time, the construction of the studio will be handed over to Hopewell Properties!"

Although Chu Huan now owns Huhua Real Estate and Hang Lung Real Estate, neither of these two companies has its own construction company. Chu Huan originally wanted to acquire Jinmen Construction, but after discussing with Landmark, the other party has no plans in this regard.

  Chu Huan had no choice but to give up and look for another opportunity!

   In a month or two, Chu Huan didn't think he could acquire a fully qualified construction company in such a short period of time.

Instead, it is better to hand it over to Hopewell Real Estate. Although the construction company holding 25% of Hopewell Real Estate has gone bankrupt and liquidated before, for Hu Yingxiang, this is not a matter at all. , reorganized a wholly-owned construction company.

  After that, Hu Yingxiang discussed with Chu Huan about the specific situation of the studio, referring to Shaw Brothers' Clear Water Bay studio, which Chu Huan planned to build into the largest film studio in Asia.

   There are modern studios, a "color center" with advanced and complete facilities, and an office building with complete functions.

In addition to the darkroom and printing factory for developing copies, there are also places with complete living facilities such as dressing room, clothing room, set room, carpentry department, masonry department, 5 staff dormitories, 300 unit rooms, and three canteens. .

  The most important studio setting area is even more indispensable. The modern area, the Republic of China area, the ancient costume area, etc., will make this place surpass Shaw Brothers' Qingshuiwan studio.

  Listening to Chu Huan's description, Hu Yingxiang understood that this project must cost over 100 million.

   "I will figure out the budget before the land acquisition is completed!" Hu Yingxiang seriously said to Chu Huan.

  If Hopewell Real Estate can win this project, then this will be another piece of news that will cheer up the shareholders of Hopewell Real Estate, and it will once again increase the stock price of Hopewell Real Estate.

  Hu Yingxiang had to take it seriously!

  Chu Huan nodded in satisfaction, and said, "It's still the same sentence, leave everything to Hu Dong!"

  Hu Yingxiang said earnestly: "I should thank Director Chu!"

  After talking about business, the two watched two more horse races before leaving the club.

  According to Chu Huan's plan, it will take at least three years for the entire studio to be completed. The entire project will cost at most 120 million yuan, and the initial investment will not exceed 60 million yuan.

  So Chu Huan's money-burning journey continues.

   This time Chu Huan invited Chen Haichao to his villa in Repulse Bay.

   "The preparations for the Rookie Singing Contest are almost ready. The qualifying competition will be held in December, and the promotion competition will be broadcast live on TV during the New Year's Day!"

  Chen Haichao thought that Chu Huan called him here because he wanted to ask about the rookie singing contest.

  Chu Huan directly shook his head and said, "You can handle that matter yourself. I called you here this time to tell you another matter."

  Chen Haichao was slightly taken aback, and asked, "What is it?"

   "Within one year, I want Brother Audio-visual chain stores to set up 400 chain stores in Xiangjiang, can it be done?"

  Chu Huan asked Chen Haichao directly.

  After hearing this, Chen Haichao was stunned. Before, what Chu Huan had discussed with him was to give him five years to do this. Now Chu Huan has directly advanced the time by one year.

   Seriously considered what Chu Huan meant, and then Chen Haichao seriously said: "It is possible in terms of time, but the cash for Brother Audiovisual is not enough."

In the 1970s, the monthly profit of a brother video store was about 9,000 to 10,000 Hong Kong dollars, which exceeded the monthly income of a Yunhai convenience store. However, unlike the Yunhai convenience store, even in the era when Chu Huan was reborn , Convenience stores can still play, but video stores have disappeared for many years.

  The rest is just a distribution center for some enthusiasts.

   Another difference is that every employee of Yunhai Convenience Store has been trained to work, but Brother Audiovisual does not need this.

  Brothers now has 65 chain stores, and the most important expenditure for setting up a chain store is the expenditure for property acquisition.

  If Chu Huan wants to set up 400 chain stores in Xiangjiang within a year, even if the previous 65 stores are removed, there will be 335 stores.

  Based on the cost of each store at 300,000 Hong Kong dollars, it would cost 100 million Hong Kong dollars!

  Even if the Brothers chain is now a company that attracts money, he still can't afford so much money for Brothers audio and video at this time.

   "How much liquidity does Brother Audiovisual have now?" Chu Huan asked.

   "Less than 3 million!" Chen Haichao said helplessly, these 3 million are really a drop in the bucket compared to 100 million!

  Chu Huan said indifferently: "Tomorrow, I will ask Beihai Investment to deposit 100 million Hong Kong dollars into the company account, and do my best to complete this matter."

  Chen Haichao couldn't help asking curiously: "Brother Huan, why are you so anxious all of a sudden?"

  Chu Huan was in a hurry to expand Brother Audiovisual, not only because he had too much cash in his hand, but also because of Chu Huan's big plan behind him!

   "I am going to set up another factory in Xiangjiang, which will be specially used to produce electrical equipment!"

  Chu Huan's words made Chen Haichao even more incomprehensible. What does the establishment of an electrical equipment factory have to do with the expansion of Brother Audio?

  Chu Huan did not confuse Chen Haichao for too long, and explained.

   "Sony is working on Betamax video recorders, do you know?"

  Chen Haichao shook his head honestly, and said, "I don't know!"

   Chu Huan is not surprised by this answer at all. At this time, home video recorders have not yet been developed, but the format war of video recorder equipment has already begun to emerge.

In 1971, Sony and Panasonic jointly developed and launched the first file format for video recorder equipment—U-Matic. This format is mainly used for professional TV program recording, but it has not set off a wave in the home market. Too big waves.

  Subsequently, various manufacturers in Japan began to launch their own video tape formats, including the Betamax format just launched by Sony, the VHS format of JVC next year, the Video2000 format of Philips, and the V-Cord format of Sanyo, etc.

   In 1976, JVC will launch the first video recorder VictorHR-3300 using VHS format!

   Since then, video recorders have entered thousands of households.

  And this product is a real cornucopia for Chu Huan, not only the video recorder, but also the video tape.

  The production cost of a video tape is only 2 Hong Kong dollars, but the price of a video tape can reach a terrifying 80 Hong Kong dollars.

  40 times profit!

   What Chu Huan has to do now is to seize this market in advance and develop a VHS format home video recorder earlier than JVC.

  If successful, Chu Huan will not only be able to formally enter the electrical appliance market with this product, but also be able to extend to a series of projects such as other household electrical appliances and electronic equipment in the future.

   In addition, if he can occupy this market before everyone else, then the video tape market in the movie market can also bring Chu Huan massive wealth!

   Therefore, the electronic equipment factory must be built, and it must be built as quickly as possible!

  Not only do we need to build it well, but we also need to invest a lot of money in research and development, recruit people in Japan, and seize patented technology. Therefore, when building our own studio, all the remaining cash from investing in Brother Chain will be invested in this project!

  Chu Huan smiled and said: "It's normal not to know, you just need to know that this project is the project that I value most in the next two years, surpassing the Huaye City project.

Kelly, the person in charge of Beihai Investment, will come to Xiangjiang in two days, and he will discuss with you about building the factory. At that time, you will be responsible for all the procedures of building the factory, and Kelly will be in charge of recruiting people to buy equipment and other things. "

  Hearing Chu Huan say that this project turned out to be his most valued project in the past two years, and even surpassed Huaye City, Chen Haichao finally understood the importance of this matter to Chu Huan.

   "I understand, then I will start this matter immediately. There are many factories in Tsuen Wan, and there is no shortage of land and assembly line workers. How about building a factory there?"

  Chen Haichao asked Chu Huan.

  Because Chu Huan has not planned to disclose his relationship with his brother Audiovisual until now, Chen Haichao needs to handle all the obvious matters by himself.

  Chu Huan nodded and said, "Yes!"

   We should thank Xiangjiang in this era. If we wait another five years, the impetuous Xiangjiang will not give Chu Huan the soil to build an electronic equipment factory.

But Chu Huan doesn't care, as long as the factory can last in Xiangjiang until the early 1980s, by then, Chu Huan can move the factory to his hometown to avoid unreasonable troubles in the western world. Guess, you can keep the R&D department and headquarters in Xiangjiang!

   But all of these are expedient measures, and after the 10s of the next century, these things can be ignored!

   Or Chu Huan's own influence, when it reaches its peak ahead of time, you don't need to care about it.

  Be optimistic about the things in front of you first!

   Spending money like running water!

  In one day, Chu Huan had already arranged more than 300 million Hong Kong dollars properly.

Of course, Chu Huan himself still kept 10 million Hong Kong dollars. After all, the studio only needs about 60 million Hong Kong dollars in the early stage. Imaging is still doing things to expand theaters.

   "How's it going? Will it be stressful?"

  Chu Huan and Chen Haichao came to the swimming pool behind the villa. At this time, the servants at home had already set up the oven, oven, and prepared all the ingredients.

  Chu Huan and the others only need to complete the final roasting procedure.

  Before, Chen Haichao’s sense of presence in Chu Huan’s small team was not very high because of his personality. In addition, the audiovisual brother he was in charge of had the least technical content.

   Now that Chu Huan suddenly entrusted such a big matter to him, it is obvious that Chen Haichao's ability and psychological endurance will be tested at this time!

  Chen Haichao put a pair of chicken wings on the oven, and said with a smile: "Don't worry, Brother Huan, the pressure is actually not that great, it's more about excitement!"

This is Chen Haichao. If it was Zhu Xiaozhao who suddenly accepted such a big matter, he would definitely be nervous for several days and couldn't sleep well. But for Chen Haichao, the more pressure he has, the more motivated he is. powerful.

  Using the description of the protagonist in martial arts novels, it is the kind of existence that is not afraid of big scenes, and the existence of leapfrog murder when encountering strong people.

Chu Huan and Chen Haichao touched the beer and said with a smile: "Don't be careless, Japan is already ahead of us in the research and development of video recorders. If we develop it, it will definitely cause a format war. It's more complicated than you think."

  Chen Haichao nodded and said: "Understood, during this period of time I will specially visit some experts in this field and learn from them!"

  In Xiangjiang, and even in most parts of the world, there is basically nothing that money cannot do at this time.

  You can invite private teachers to impart these experiences. Although you don’t need to learn from others, you can accumulate more experience yourself.

  Despise the enemy strategically, and attach importance to the enemy tactically!

  Chu Huan once discovered that there are quotations from teachers in Chen Haichao's home!

  Chu Huan smiled and didn't talk about this matter again. He will definitely keep an eye on this matter later, but in order to train this person, he must let him experience more things himself.

  The battle of formats is not unbreakable!

   While Chu Huan and Chen Haichao were chatting, Liu Pingkui, Bao Tianming, and Zhu Xiaozhao also came to the villa in Repulse Bay one after another.

  Especially Bao Tianming took off his leather jacket and pants, dressed as a young and Dangerous boy, and was wearing a well-tailored suit. At first glance, he looked completely different from the previous Bao Tianming.

  But when Bao Tianming came here, he immediately showed his original shape.

  Throwing the suit worth several thousand yuan to the side, he pushed Chen Haichao who was sitting there, snatched the beer from the opponent's hand, and directly poured himself a sip.

   "It's pretty comfortable. You guys don't know that I've been eating red wine and western food with those people every day. I'm so tired."

   Bao Tianming complained in pain.

  After the other four people finished listening, they all showed knowing smiles.

"It's better to talk to She Ziming. Yu Toubiao is comfortable when they are together. You can scold and beat you if you want, and you don't have to worry about them thinking too much. Now these people, one by one, can't wait to give you a whole lot of trouble. Come up with something."

  Bao Tianming continued to complain.

  Everyone continued to laugh.

Then Bao Tianming said to Chu Huan: "Ah Huan, the wood supplier is not good. I went to see them on site. Although they prepared the standard we want, but the kid was sneaky and whispered to the construction manager. Muttering, there must be something wrong here!"

  Chu Huan smiled and said, "Did you tell Lu Qi about this?"

  Bao Tianming nodded and said: "Yes, but Lu Qi said that that person has a long-term cooperative relationship with New World. If there is no real evidence, it is difficult to say anything."

Chu Huan nodded and said: "Don't look at Lu Qi as fat and round, but he is very cunning. You can learn a lot by his side. Let him handle this matter by himself. I believe he will handle it. OK!"

  Bao Tianming asked suspiciously: "Is that why you trust that Lu Qi?"

"I can't say I believe it 100%, but at least at this stage he has no reason to do bad things, and you have told him, I believe that according to his temperament, even if this matter is related to him, he will immediately Clean it up!"

   Chu Huan preached.

Chen Haichao added from the side: "Brother Tianming, don't worry about anything now, it depends on Lu Qi's reaction, if he is waiting to get the evidence before dealing with that person, it means that this matter has nothing to do with him , if he deals with that timber supplier now, then you will even pay attention to this Lu Qi in the future!"

  Bao Tianming shook his head helplessly and said, "You guys!"

  Zhu Xiaozhao asked Chu Huan curiously at this time: "Brother Huan, where is Sister Yunshang?"

   "Back, back!"

   At this time, Cao Yunshang walked over with a proud face!

   No more today, thank you everyone, the next chapter will be at 12:00 tomorrow morning~

  

  

  (end of this chapter)