Tao Liangchen

Chapter 264 Cyberport (II)

The property prices in Hong Kong were still at a high level.

Zhao Yi'meng's family's Donghuang Group released several high-quality projects in Hong Kong at once. Some had already been completed, ready for rental income, and the prices were set very low.

For example, Donghuang·Huayushan, located in Mid-Levels, had not yet been offered for sale. This brand-new high-end development had a total of more than eighty apartments, as well as twelve villas.

Calculating the transfer price, it was about thirty percent lower than when the Su family sold the Shangfeng Shangshui property to the Huang family.

Su Yehao, having nothing else to do, took Nong Qingying to inspect them all, but in the end, he wasn't interested, only choosing the plot of land on Taipa Island in Casino, 1997.

His father, after much picking and choosing, also avoided the Hong Kong real estate projects.

So, when Deputy Dean Zheng Yongwen mentioned the so-called "Cyberport" plan, Su Yehao remained unmoved, merely replying:

"Such an important plan is definitely beyond my family's capabilities. The idea of inviting real estate developers to acquire land and using the money from land auctions to build an industrial park is excellent, but with the current situation, houses are hardly selling, and prices are still falling. Are you sure real estate developers will be willing to acquire land? I estimate that even if they deposit the money in the bank to earn interest, they would be unwilling to take the risk at this time. There are only a few companies with the money to hoard large amounts of land for the long term, and they are currently worried about having too many houses and land that they can't sell, so why would they continue to acquire land?"

Hearing this, Zheng Yongwen's heart sank. He sighed and said:

"If even you say so, then it's probably hopeless. Everyone knows that high-tech industries are very profitable, and the higher-ups are very concerned about the transformation and upgrading of Hong Kong's economy... The task of preparing the Cyberport was handed to me. Second Young Master Li only wants to get the land for free, using the construction costs to offset the land purchase price, which would be much cheaper. I'm not optimistic about his plan. I'm afraid it won't attract high-tech companies in the end, and they'll only focus on selling houses. His family knows that industry best."

Su Yehao asked, "They collect so much tax and sell so much land every year, are they so poor that they can't even come up with a few billion Hong Kong dollars?"

"There's no choice, the financial crisis took a heavy toll, and there's a shortage of money everywhere."

After considering it, Deputy Dean Zheng Yongwen didn't have a good solution for the time being. The blame lay with the continuous decline in house prices, with a significant downward space. No one dared to acquire land at this critical moment.

Su Yehao's voice carried little weight and he couldn't help much.

He lacked the ability to attract his peers to settle in the Cyberport, and he couldn't come up with a large sum of real money. Even if he could come up with some, it was worth considering whether it was worthwhile.

Changing his thinking, he re-examined the opportunity.

Su Yehao felt that if he could take the opportunity to acquire land at a low price, establishing a company headquarters in Hong Kong would be a great idea, helping to attract talent and enjoying the benefits of rising house prices in the future.

As long as the tAt, tot, and other projects developed, future expansion would be inevitable.

It was relatively difficult to attract talent from overseas and foreign technical experts to develop in the mainland, and the cost of research and development in Silicon Valley was extremely high.

Considering the overall cost-effectiveness, Hong Kong seemed quite suitable for creating a research and development center, while also avoiding many future technology transfer barriers set up against the mainland. It was also slightly more convenient in terms of capital flow and fundraising for listing.

Since he had the idea of establishing himself in Hong Kong and radiating to the rest of the world, seizing the opportunity to acquire a plot of low-priced land would save some money in the future.

Therefore.

Su Yehao shamelessly asked, "Since it's to attract high-tech companies, why not attract me over first? Give me a free or low-priced piece of land to build a headquarters office building for my own use? Not much, just enough for a 500,000 square meter office area."

Startled by his appetite, Zheng Yongwen asked in a puzzled tone:

"Do you know how big 500,000 square meters is? Do you think it's square feet? Besides, even if you really get such a large piece of land, do you have the money to build it, and keep it for your own use, one floor for each person?"

It was clear that he was being looked down upon.

Su Yehao didn't take it seriously, shaking his head and replying:

"Thirty years east of the river, thirty years west of the river, don't bully me for being poor now. Since I dare to acquire land, I certainly have the confidence to build it. At worst, I promise not to sell or rent it out, so you should be relieved, right? My company is quite small now, but its development momentum is quite good. You'll regret it if you miss me."

"You want to get something for nothing from me, go home and study for a few more years. Even if I agree, the higher-ups won't agree."

Zheng Yongwen did see promise in Su Yehao's entrepreneurial direction. Recently, the tAt chat software had become very popular, and this deputy dean wasn't an old-fashioned person isolated from the world. He was quite skilled with computers and had certainly heard of tAt.

But seeing promise was one thing, how far it could go was another.

It was impossible to agree to such an absurd proposal just because he knew Su Yehao and almost became his aunt's husband.

Su Yehao was just trying, and didn't actually have high hopes. At this moment, he calmly said:

"No matter how the Li family's second young master talked to you before, judging from the current real estate market performance, it's probably all in vain, right? Plans can't keep up with changes, and it probably won't be able to get off the ground in the short term, which means... I should still have a chance. Give me a year or two, and I'll come to you with billions, and then we can talk slowly."

Speaking of his vision for the future, Su Yehao always had a mysterious confidence.

Deputy Dean Zheng Yongwen felt this strong confidence, and Jiang Yu, who was planning to come and take revenge on Su Yehao, also felt it.

When he had no money last year, Su Yehao was confused for a while. Now that he was in charge of billions, he naturally became arrogant, and justifiably so.

Zheng Yongwen clicked his tongue and replied: "Tens of billions, how exaggerated. Are you planning to inherit your dad's fortune, or rob a bank? Even the vault of the head office probably doesn't have that much money, maybe gold reserves would be closer."

"I'm holding a large number of Yahoo shares, you know. Remember to treat me to a meal after I help you make money."

Su Yehao jokingly cupped his fist and added: "Green hills remain, green waters flow, we have a long way to go, see you later. Delay the Cyberport plan for a while, give me some time, and I'll incubate more internet companies in the future. You definitely won't suffer a loss."

It was good for businessmen to be careful and cautious, and it was also good to be brave and forward-thinking like Su Yehao.

After all, he was still young, and Zheng Yongwen didn't expect him to be very steady. He replied with a wry smile: "Okay, it'll probably be difficult in the short term anyway. Work hard and raise money slowly, I'll wait for you to come to me."

……

"What were you two talking about just now?"

After returning to the classroom, Jiang Yu held it in for a long time, but finally asked.

Her body had been seen, and her hand had been touched. She had suffered heavy losses these past two days, worth at least a few pounds of tofu.

Su Yehao casually told her:

"A big project, including an industrial park and real estate. I estimate it'll be difficult to acquire without seven or eight billion, and that doesn't even include the cost of building. It's too big, I can't handle it. But if I successfully replicate a version of Silicon Valley in Hong Kong, plus my entrepreneurial ideas, plus monopolizing chip lithography machines and the like, the US would have a headache in the future, right? A multi-trillion-dollar pie, just thinking about it... is scary, I'd definitely be taken out."

"...You're crazy, you can't even come up with two hundred million dollars, let alone trillions." Jiang Yu said.

Su Yehao ignored her, instead smiling and saying, "Give me your hand, I let you run away just now, shall we continue?"

Jiang Yu's reply was crisp and clear – "Get lost."

"Heh, a fair-skinned little girl, actually swearing, how rude..."

……