Chapter 71 Causeway Bay
In the early 1970s, Causeway Bay was bustling, but the level of prosperity was not as good.
In another ten years, I believe it will look different again.
Wanda Plaza, the richest man in the back, is known as the center of the city. Where the city center is, there is Wanda Plaza.
This sentence is not a joke. With its Wanda Plaza, the richest man Wang can get soft hands every year just by collecting rent.
Real estate will be the most profitable industry in the next few decades. If you can own a building, square, etc. here, let alone the rich three generations, even the next three generations. be rich forever.
In the previous life, when Chen Yi's parents rented out the company, it was much more comfortable. Now Chen Yi's idea is to make money first, make a lot of money, and then enter real estate.
In Xiangjiang, if you don’t enter the real estate industry, you can’t become a top rich man.
Of course, he didn’t enter the real estate business to build residential villas and earn ordinary people’s lifetime hard-earned money, which is not only immoral, but also meaningless.
He intends to follow the model of later generations of Wanda, build central plazas and buildings in central areas, and become the largest and most profitable charter company in one fell swoop.
Take the old Wang's path, so that the old Wang has nowhere to go.
In the money society, capital is king, and cash is king.
In this world, is there anything more profitable and comfortable than sitting and collecting rent?
Although Causeway Bay is not the center of Xiangjiang Island, it has convenient transportation, a strong commercial atmosphere, popularity and wealth. If a large commercial plaza can be built here, it will really take money and be soft.
The center of a city is by no means a simple geographical location.
Only when the essence of the whole city is gathered, can it be regarded as a center.
The reason why later generations of Wanda dare to call out that the location of Wanda Plaza is the center of the city is because the location of Wanda Plaza is always located in the core of the city center or the sub-center of the city.
Located above the urban transportation hub, the surrounding cities are rich in supporting resources, the commercial location is good and the core commercial advantages are prominent, coupled with Wanda's own strong heart-building ability.
That's why Wanda can push Boss Wang to the richest man position.
As for whether the other party is the richest man or the first loser, it doesn't matter. Where in the inland, if someone who is engaged in real estate does not owe a whole lot of debt to the bank, you have the nerve to say that you are in real estate?
To put it bluntly, if you don’t owe so much money, can you live well? Can the company grow to such a large scale?
Don't forget, who opened the bank.
When he came to Causeway Bay, Chen Yi rode a motorcycle and wandered around. When he saw a shop selling electric fans, he stopped to ask.
"Boss, how much is this ceiling fan?"
"Young boy, you have a good eye. This is a new ceiling fan in our store. It is imported from Europe and the United States. The price is not cheap."
"Is it okay to ask the price?"
"Okay, why not, if you want, I will give you a discounted price, and send someone to install it for you for free."
“This ceiling fan is a little too big for the living room.”
"Boss, stop talking nonsense, how much is it, hurry up."
"How about it? Pretty boy, do you want it?"
"Boss, do you have any other ceiling fans here?"
"What kind of ceiling fan do you want, tell me."
"I have a friend who likes European and American classical style ceiling fans? Boss, do you have any?"
The boss laughed and said, "Liangzi, then you came to the wrong place. I don't have the fan you want here. You can go to those department stores in Central, and there should be one there."
"Excuse me, boss"
Riding on the motorcycle, Chen Yi drove towards Central.
Causeway Bay is very close to Central. As the first developed area, most of the department stores here are foreign firms.
Before the 1980s, Xiangjiang's economy was mainly controlled by British-funded foreign firms, among which the four most powerful and powerful foreign firms were called the four foreign firms by the world.
Among the four major foreign firms, Jardine Matheson is ranked first. Jardine Matheson is an old British-owned foreign firm. It was the largest British-owned consortium in the Far East in the early days, and it started trading in Asia during the Qing Dynasty.
As for what kind of trade, anyone who is familiar with it should know how this foreign firm started. The accumulation of primitive capital has always been bloody.
Jardine Matheson has done better than any other foreign firm in this aspect, which perfectly interprets this sentence.
Jardine Matheson is involved in a wide range of industries and is the most powerful of the four major foreign firms. It is mainly engaged in real estate, finance, hotels, retail, catering and other industries. The Hongkong Land is a well-deserved real estate overlord in Hong Kong.
Jardine Matheson played a pivotal role and status in the early development of Xiangjiang. However, with the changes of the times, Jardine, like most British capitals, could not escape the decline of the British.
Ranked second among the four major foreign firms is Taikoo Matheson. The reason why Chen Yi ranked Taikoo Matheson second is that this is the only one of the four major foreign firms that has not been targeted by Chinese capital before and after Xiangjiang's return.
Whether it is the boss Jardine Matheson or the other two foreign firms, they were either acquired or attacked by Chinese capital and annexed their companies.
Only Swire Pacific has remained stable in several crises without any external influence and interference.
Swire Pacific is also an established company. Like Jardine Matheson, it has also been engaged in transnational trade in Asia since the Qing Dynasty.
Swire Pacific is mainly engaged in services such as real estate, beverages, aviation and ocean transportation. The most famous company under its umbrella is the first civil airline company in Hong Kong, Cathay Pacific Airways.
Low-key, everything is stability as the first priority, which is an important factor for Swire & Co. to return to Xiangjiang in full swing.
Wheelock ranked third among the four major foreign firms. In the 1960s and 1970s, when the global shipping industry was booming, Wheelock, a foreign firm mainly engaged in shipping and dockyards, was in the limelight.
Judging from the current situation, Wheelock should be ranked second, second only to Jardine Matheson, which ranks first.
However, Chen Yi is very clear that in a few years, with the two oil crises, the world oil price soars, and the global economy slows down, the global shipping industry market will face the biggest disaster in history.
Wheelock in the previous life became the second foreign firm to be acquired by Chinese capital, and it deserves its name to be ranked third, and there is no grievance.
The last of the four major foreign firms is Hutchison Whampoa. Compared with the previous three foreign firms, this foreign firm can be said to be very famous after decades.
It is the existence of this foreign firm that has made Li Chaoren the title of "Superman". It is also the most important step for Li Chaoren to become the richest man in China and Asia, and the most important cornerstone of Li's business empire.
Although Hutchison Whampoa will be developed and expanded by Li Chaoren in the future, even surpassing Jardine Matheson, which ranks first, but as the first foreign firm to be acquired by Chinese capital, it can only be ranked last.
Being the king and defeating the bandits has been like this since ancient times.
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(end of this chapter)