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Chapter 87 Hong Kong Assets

Time flies, and it’s August in the blink of an eye.

Half a year has passed since Li Shaoan returned from treasure hunting.

During these six months, all projects of the Tzu Chi Institute have been completed and put into use.

As for financial companies, due to the current hot stock market, the 1.5 billion Hong Kong dollars invested in the stock market has now increased to more than 3 billion.

It has more than doubled, and now is not the peak, that was in 72.

Because the current capacity of the Hong Kong stock market is limited, Li Shaoan did not invest much.

As for the dozen or so factories, he is now confident in leaving most of the chores to Lin Ying.

The goods produced by the factory are of good quality and low price for Europe and the United States today, and the orders are increasing.

Arcade machines are sold all over the world under the influence of games such as Hong Kong Cube, Tank Battle, and Pac-Man.

In just half a year, more than 300,000 units have been produced and sold.

And it's still far from enough, so electronics factories are expanding every month.

Because labor costs in Hong Kong are currently low, Li Shaoan also bought patents for key parts of arcade machines so that he can produce them himself.

The cost of each unit was compressed to the limit, less than US$500 per unit, but his offshore shipping price reached US$3,000.

After deducting taxes, the arcade factory alone earned him $750 million in the past six months.

For now, this is an exclusive business.

Because of the well-established patents, developed countries do not dare to infringe on patents at will. After all, the rules are set by themselves, and if they act recklessly, they will suffer greater losses.

Backward countries don’t need to worry about it because they simply cannot produce it.

As for whether there is anyone in Hong Kong who wants to do pirated products?

Yes, and quite a few.

But with the assistance of the Walled City Committee, all these pirated factories were bought out at low prices.

Governor Trench had a very good relationship with Annie. In addition to the high taxes, he could earn nearly one million US dollars every month by doing business with Annie.

Of course, he has to work hard to build good relationships with his financial backers.

Even Governor Murray MacLehose has not yet taken office and will not take office until November.

I also spoke with Meinan on the phone several times and listened carefully to his suggestions for the police force.

The total number of factory employees is more than 80,000. In just half a year, the number of employees has increased by more than 30,000 compared to the previous year.

Including the group company that Fang Jinxin is in charge of, there are currently nearly 90,000 employees working for Li Shaoan in Hong Kong.

Now he looks more and more like Samsung and Tata.

The Financial Secretary has calculated that Li Shaoan has prepared means to legally evade taxes offshore.

The annual tax amount is as high as over 100 million US dollars.

What does this mean? This is one thirty-eighth of Hong Kong's JDP in 70.

So now the Hong Kong government is very good to Li Shaoan.

They also thought about robbing.

But after being counter-attacked several times, all the foreigners became scared and had to sit down obediently and play with him within the rules, no longer daring to make trouble.

Under such circumstances, the progress of the company he wanted was accelerated a lot, and he secretly acquired a lot of shares.

It’s a bit expensive at this time, but it’s a rare opportunity.

In addition, during this six months, he also opened 60 Dazhong supermarkets in prosperous areas across Hong Kong.

Nearly 50% of the vegetables and fruits eaten by Hong Kong citizens are now provided by him.

These vegetables and fruits may not seem to have high profits, but they are in large quantities.

Just for this item, his monthly trade with the north amounted to 300 million Hong Kong dollars.

It can be said that it has taken away half of China Resources' work. Fortunately, China Resources is not big now, so we don't know about it.

Now, Ango is in great spirits and feels like a fish in water.

I can get along with anyone and we are all good friends.

So now Hong Kong’s water company is no longer the only one.

Handsome An has negotiated with the Hong Kong government and the North to build his own water company.

With the support of the Pearl River in the north, it will be sooner or later possible to unify the water affairs of the entire Hong Kong.

The four basic necessities of life are food, clothing, housing and transportation.

He has basically occupied a small half of Hong Kong in terms of clothing and food. If he is given another year, he is confident that the small half will become the majority.

He has already made up his mind to wait until after the 73 stock market crash before entering the real estate industry on a large scale.

As for travel, he has not yet got the public bus.

However, out of the 6,000 taxi licenses in Hong Kong, he has already used various means to obtain more than 4,000 of them.

The rest are personal matters, and he shouldn't go too far.

But Li Shaoan has also become a good friend of the Director of the Transport Department.

The Transport Department guaranteed that 80% of the licenses issued in the future would be issued to his taxi company.

The ferry business was too small to interest him.

But he was very interested in the Hung Hom Tunnel.

This tunnel was built in 1968 by the Pao Yue-kong family and several wealthy people in the city.

It is still under construction and will not be officially opened to traffic until 1972.

This tunnel is also the first tunnel in Hong Kong.

Because most of the goods currently produced by the Liangzai An factory and sold to Europe and the United States are entrusted to Charter King for transportation.

The cooperation was so pleasant and I knew that Li Shaoan was interested in the Hung Hom Tunnel.

It took the charter king less than three days to collect all the shares and sell them to the handsome An at a low price.

With this company, Li Shaoan also had the foundation for an infrastructure company.

So he has already decided that out of the five tunnels and one bridge in Hong Kong in the future, he only needs the Red Cross Tunnel and the Eastern Tunnel.

Of course, another very important reason is that several other tunnels are not very profitable, and even lose money, such as the West Side Tunnel.

Now that he has plenty of money, he can bid for the construction of the tunnel right now.

The Hong Kong government did not think too far ahead at the time, and he easily took away the 70-year franchise of the Eastern Tunnel.

In addition, because it was only 1971, many of the future deep-water ports had not yet begun construction.

Currently, the most important piers of the Hong Kong government are Kai Tak Pier and Chi Wan Pier.

Kwai Tsing Pier had not yet started large-scale development, but just like that, he easily took over the 24 berths of Kwai Tsing's nine piers.

This time, the interception can be said to have hit the main artery of Hong Kong.

Not too far away, just ten years later, in the 1980s.

As the reputation of Hong Kong International Port grows, more and more goods are transshipped through Hong Kong every year.

Before the new century, the cargo throughput of Hong Kong Port was ranked first in Asia.

Until the rise of Luhai Port in the north and the surpassing of Singapore in 09.

Among them, the cargo throughput of Kwai Tsing Port accounts for more than 70% of Hong Kong's future cargo throughput.

It can be said that regardless of other factors, based on this one aspect alone, he will be the most important person in Hong Kong in the future, even more important than the governor.

HSBC only accounts for part of the credit for Li Jiacheng's rapid growth.

It was more because the Kwai Tsing Pier business brought him a large amount of cash every day.

This is where the handsome man An came up with his plan.

I sighed in my heart, it seems that Lao Li will not be able to play it again in the future.

Just then, Xiao Hu knocked on the door and interrupted his thinking.

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