Hong Kong Movies: The Boss's Global Empire

Chapter 191 Lu Wendong saw through this point long ago

HSBC is the God of Wealth in Hong Kong!

As for the Hong Kong government,

They are the highest authority in charge of Hong Kong Island.

In the past decade or so,

In a series of actions such as buying land and building buildings,

Contributed the most financial resources to the Hong Kong government and ensured the operation of the system.

Therefore, he certainly has the power to enter the power table in Hong Kong. Lu Wendong saw through this point long ago.

That is why he had previously asked groups such as Hutchison Whampoa and Chinese Estates Holdings to change direction and start focusing on real estate.

Even for large hotel groups,

Lu Wendong will also gradually increase his real estate development. In the 80s,

Hundreds of boats compete for the current,

Although there are four major families in front,

But Lu Wendong still has a chance to surpass others. He holds a considerable amount of high-quality land!

"By the way, Mr. Xia." Lu Wendong remembered something.

He casually said, "Our Overseas Trust Bank is currently undergoing a restructuring. When the time comes, we'd like to invite Director Xia to come and serve as a non-executive director." Xia Zhixian said happily, "That's what I'd like to do, but I don't dare ask."

He was originally a director of Hang Lung,

Hang Lung has a very close relationship with Overseas Trust Bank.

It is only natural to invite him to serve as a non-executive director of Overseas Trust Bank now, which can also reassure people's hearts.

"Mr. Xia."

Lu Wendong thought,

There's no reason to let go of such a useful chess piece.

He asked, "How is Hang Lung doing now?" Xia Zhixian looked up.

He asked cautiously, "Mr. Lu, are you interested in Hang Lung?" No wonder Xia Zhixian thought so.

It was because Lu Wendong's acquisitions this year were too shocking!

Fast, accurate, ruthless, never miss the target!

Now he has become a major individual shareholder of Overseas Trust Bank! Logically speaking,

It's indeed possible. "I have this idea."

Lu Wendong said, "It's just that Hang Lung is currently under the control of the State Administration of Foreign Exchange, so it seems that communication with them is still a bit awkward." Xia Zhixian smiled and said, "This is how the government works. They not only need to consider the financial statements, but also the public impact."

He paused for a moment before saying, "Hang Lung is still undergoing restructuring, but I've read the report and it seems to be on track. There's a chance it could turn a profit." "I believe the government will consider selling it when that happens."

By the time,

The government has to sell it.

Otherwise, big banks like HSBC would definitely be upset. And why not sell it now?

Of course, it is because Hang Lung is still in a loss-making state. If it is sold now,

First, the price is low.

It is not in the interests of the Hong Kong government.

The acquirer is very likely to make various demands, such as requiring government guarantees.

In short,

There are a lot of troubles.

Lu Wendong shook his head: "It will take at least several years to turn a profit."

"How about this, I've already sent someone to negotiate with the government. Director Xia, you can say a few good words for me when the time comes." "No problem."

It was just a few words, and Xia Zhixian quickly agreed.

"In fact, it would be best if Mr. Lu bought it."

Xia Zhixian smiled and said, "Then I'll be able to listen more to Mr. Lu's opinions." "Mr. Xia is now a director of the Jockey Club."

Since the Jockey Club is one of the power centers in Hong Kong,

Then one can imagine the identity and status of its directors in Hong Kong. Lu Wendong smiled and said, "How dare I have any opinions?"

Xia Zhixian sighed, "Mr. Lu, you don't know this. My position is like riding on a tiger's back. I can only go up and not down." He said softly, "To be honest, Mr. Lu, there are many people eyeing my position."

"With Director Xia's talent, there's no need to worry about this."

There is only one seat for each board member of the Jockey Club, so naturally there are many people who are envious.

"It's still difficult." Lu Wendong thought to himself,

The main part of the drama is coming soon,

He took the initiative to offer a way out: "As long as you can achieve results." Xia Zhixian quickly said: "Yes, that's the problem."

"Actually, to be honest, Mr. Lu, I've been looking into expanding the Jockey Club's business scope."

Strictly speaking, the Jockey Club is a casino!

only,

It only deals in horse racing and Mark Six lottery!

A considerable portion of its revenue has to be paid to the Hong Kong government as taxes, and the remaining portion has to be divided into two parts.

One share is used as a public charity investment,

One part is the operating cost of the Jockey Club.

For example, people like Xia Zhixian also have benefits and salaries. "Business scope?"

Lu Wendong raised his eyebrows.

Fortunately, I didn't fall for Nie Aotian's trick and took on the horse racing project.

Just look at Xia Zhixian to see how worried the other directors of the Hong Kong Jockey Club are about the future of the club! If I take on the racing car project,

I would definitely be tempted to change it to horse racing,

Then there will be a conflict with the Hong Kong Jockey Club! At that time,

I would be standing against everyone in the Jockey Club...

It's no wonder that He Xin's reputation and public opinion were so bad in later generations, and he still had to jump around...

In the final analysis,

It was simply because he could not resist the temptation and changed Nie Aotian's racing car into a racing horse.

Then he had a fierce battle with the Hong Kong Jockey Club. "Oh?"

Lu Wendong asked with great interest: "Mr. Xia actually has such a wonderful idea?" He guessed,

Then he continued, "The Jockey Club is a competitive gambling platform. Now that they have developed the Mark Six Lottery, then..."

Lu Wendong smiled and said, "So Director Xia wants to get involved in football again?"

Only this world's number one sport can catch Xia Zhixian's eye, and only this one,

Only then can Xia Zhixian achieve results. Xia Zhixian was surprised: "That's right."

He was secretly terrified.

Mr. Lu is Mr. Lu, thoughtful and meticulous.

Quick thinking,

Almost all of them are successful.

No wonder he was able to easily seize Chinese Estates from both the Feng and Li families, and even use Shark Dan Tong as a cover.

Then quietly took over the big hotel group!

I heard that the Kadoorie family had a huge fight over this! "Mr. Lu is amazing."

Xia Zhixian admired it very much: "I have been studying football recently, hoping to persuade the board of directors to agree to add this project."

The Hong Kong Jockey Club has indeed added football betting as a new betting section, called Football Lottery!

After the gambling column appeared,

The size of the outer areas of Hong Kong Island increased rapidly.

There is even a saying in Hong Kong that apart from real estate,

The most profitable business in Hong Kong is offshore trading!

You can imagine how big it is!

"Mr. Lu, what do you think?" "Not bad!"

Lu Wendong said in a resounding voice: "Mr. Xia, that's a good idea."

Currently, the only place in Asia Pacific where you can formally bet on football is in Macau.

Haojiang is He Xin's territory.

There is no benefit for Lu Wendong there.

It is impossible to let the money flow only to Haojiang.

Lu Wendong himself is also the leader of Hongxing,

Some of his tycoons are also involved in football betting... and the profits are quite substantial!

Xia Zhixian said happily, "So Mr. Lu also supports this idea?" "Of course I do."

Lu Wendong said, "Even if the lottery doesn't open, Hong Kong citizens will still bet on Macau football." "In that case, it's better for the Jockey Club to do it themselves, so as not to let the money flow out to outsiders." "Furthermore, the proceeds can be used to benefit Hong Kong's public welfare."

There are currently three largest charities in Hong Kong Island.

They are Tung Wah Group of Hospitals, Jockey Club, and Lok Sin Tong Benevolent Society of Kowloon.

Tung Wah Group of Hospitals and Kowloon Lok Sin Tong were both founded by Chinese. Over the years,

These two charities have made great contributions to Hong Kong's public affairs. Xia Zhixian is very happy.

Mr. Lu is really tall.

As soon as he opened his mouth, he established his foothold with charity!

"With Mr. Lu's words, I am truly more confident!"

500 million!

Zhuo Jingquan soon learned that he had won the prize.

Definitely a horse!

This is not surprising, however.

Many of the racehorses owned by prominent figures can achieve very good results after being put on the track. Is it really because prominent figures have a keen eye for quality horses?

Of course it's impossible.

It's nothing more than someone helping him to contact the left and right~,

Then everyone worked together to help him win a few games, which gave him face.

Everyone has their own inner qualities,

It can be said that it kills several birds with one stone.

What shocked Zhuo Jingquan was that no matter where Mr. Lu placed his pieces,

Always get what you want!

...

It is not difficult to make Zuzhicai.

What is rare is the stakeholders behind the scenes! For example,

Because of the success of Haojiang,

Many members of parliament have proposed that the benefits should not be lost to outsiders.

It makes no sense for the money of Hong Kong citizens to be taken away by the people of Macau.

So they proposed to open a casino in the form of a tourist resort on Lantau Island.

Firstly, Lantau Island is vast and sparsely populated.

Secondly, Lantau Island is not too far from Hong Kong Island. Thirdly, it can increase the revenue of the Hong Kong government.

Perhaps we can reduce our reliance on land finance.

It can also indirectly alleviate the current situation of high housing prices and let the general public breathe a sigh of relief.

On the surface, these legislators seem to be considering Hong Kong. For example, the current high housing prices in Hong Kong Island are quite serious, with the average price per square meter reaching more than 10,000 yuan.

The average salary in Hong Kong is only around NT$3,000 to NT$4,000. You would have to go without food or drink for three months to buy one square meter!

The main reason for this problem is the high land price policy that the Hong Kong government has been implementing.

The Hong Kong government's main source of revenue comes from land sales, and there's nothing we can do about it.

Who made the Hong Kong government implement a low tax system for a long time? It doesn't even impose taxes on goods entering and leaving Hong Kong.

Less tax sources,

Of course, we can only rely on land finance. However,

There is also a problem here, for example, the current Haojiang,

Casinos have become the pillar industry of Haojiang.

At least a quarter of people's lives revolve around casinos.

The tax revenue contributed by casinos also accounts for a considerable portion of the tax revenue of the Macau government.

The housing prices in Haojing are also very expensive.

These councillors appear to be trying to solve the problem of high housing prices, but in reality they are blackmailing Macau!

Every few years, a few legislators would come out and call for a casino in Hong Kong, but it was always just a lot of talk and little action.

The reason was simply that every time he called out, He Xin would immediately cross the sea to take care of all parties.

"Mr. Xia, you're starting with football, which is a different approach!" Lu Wendong believes that this is where Xia Zhixian's brilliance lies. In fact, it is not impossible to set up a casino in Hong Kong Island.

Just like horse racing clubs and mahjong parlors, aren't they casinos?

The reason why Hong Kong Island no longer has another casino is that

It's not because the government disagrees.

It's not because of public criticism, but because the Jockey Club disagrees!

The Jockey Club is called a public charity.

In fact, it has become a power structure.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like