Just when the major media in Hong Kong are interpreting the large-scale construction of public rental housing by the Hong Kong Housing Company from their own perspectives, the construction of new towns by the Hong Kong Housing Company has already begun.
The ground leveling work had already started when the decision was made to build the new city. Now a few months have passed, the work has been almost completed, and the building materials have now arrived.
At the same time, the construction special bacteria production plant built by Cornerstone Materials Company in Shenzhen has begun production. When the Hong Kong Housing Company New City is officially constructed, large-scale supply will be available.
This kind of bacteria is very simple to use. You only need to add it when the concrete is mixed, and then mix it evenly with the concrete.
The Hong Kong Housing Company only needs to station a small number of employees to keep an eye on these matters. What the Hong Kong Housing Company needs to solve most now is the traffic problem.
Road transportation is okay. There are only a few companies operating Hong Kong buses. With the Hong Kong Housing Corporation's flourishing status in Hong Kong, they will not refuse normal business cooperation.
Of course, if you are really blind, you will feel the thunder and iron fist of the umbrella holding company. The first thing is to attack them from the banks. You must know that business operations have never been able to do without the support of banks, even if you are not short of money.
Secondly, from the perspective of public opinion, as a Hong Kong TV giant, ATV still has this ability. Although this ability is not easy to use, it is no wonder that these people do not understand images.
Finally, there is the attack of capital. These bus companies are all listed companies. All they need to do is move their hands and feet on the stock market to make them want to die or even make them bankrupt.
Of course, these are worst-case scenarios. The Hong Kong Housing Corporation is still optimistic about cooperation with these bus companies. This kind of cooperation is beneficial to both parties. Under normal circumstances, there is no reason not to cooperate.
What is now in front of the Hong Kong Housing Company is the subway connecting the new town and the central city. This requires dealing with the British Hong Kong Government. The Hong Kong Housing Company has just fought with the British Hong Kong Government before, so the Hong Kong Housing Company really has no confidence in this. .
Therefore, in order to solve this problem, the Hong Kong Housing Corporation handled the matter in a particularly high-profile manner. First, it arranged for the media to publish relevant actions, saying that the Hong Kong Housing Corporation was seeking cooperation from the British Hong Kong government on the new subway.
The Hong Kong Housing Corporation has been a major source of news in Hong Kong during this period, so the matter of the new subway has attracted much attention from the media and citizens. After all, these are related to their vital interests.
The British Hong Kong government, which had been relatively silent during this period, had to come out and issue a statement in the face of these public opinions, saying that the British Hong Kong government is currently short of funds and has no intention to add new subway lines for the time being.
As soon as the British Hong Kong government's statement came out, it aroused heated discussions. Most people and the media did not believe it.
Because in the land auction war that just ended a few months ago, the British Hong Kong government almost bought up all the land on hand, and these lands were exchanged for a large amount of money.
Therefore, the statement of the British Hong Kong Government did not satisfy the media and the public. Some media even published the conflict between the Hong Kong Housing Company and the British Hong Kong Government. The ins and outs were clearly explained and could be easily read.
The purpose is to show that the British Hong Kong government intends to set up obstacles for the Hong Kong Housing Company.
If this is the case, then the actions of the British Hong Kong government are contrary to the interests of the majority of the people at the bottom. In order to cater to the tastes of this group of people, the media is fanning the flames and keeping the British Hong Kong government at the center of public opinion.
There was even a demonstration gathering, which made the British Hong Kong government feel a bit paralyzed. It had to find a way to put things right. Then after thinking about it, it said that it was preparing to use the funds from the land sale to prepare for land reclamation. .
In Hong Kong, there is a tradition of reclamation from the sea, and this statement is still acceptable to the public, so the crisis was resolved in this way.
The Hong Kong Housing Corporation has long known that this would happen, so it published a media article stating that the Hong Kong Housing Corporation is willing to invest in new subway lines and make every effort to solve the travel problems of people in new cities.
The construction of Hong Kong Metro Rail started in 1975. So far, few lines have been built. The initial funds were borne by the Hong Kong government, and the Hong Kong MTR Corporation is responsible for construction and operation.
In fact, there is nothing special about these. Most urban railways in the world operate in this mode, because most urban railways operate at a loss and must receive financial subsidies from the government.
After a large amount of investment in the early stages of construction, Hong Kong's subway began to make profits in the mid-1990s. This is what makes Hong Kong's subway so powerful and why Hong Kong housing companies dare to invest.
Otherwise, Hong Kong housing companies will definitely be unwilling to invest if they continue to lose money. This will be a bottomless pit. Zhao Yi will not do this if he wants to subsidize the people. He would rather give it to the people in China if he has this money. After all, Hong Kong will not provide money to the mainland after its return. Pay one cent in tax.
This news statement from the Hong Kong Housing Company immediately pushed the British Hong Kong government into a corner. The reason they found before was lack of money, not other reasons for not agreeing to build a new subway.
Now that the Hong Kong Housing Corporation has been taken advantage of and funded the construction of a new subway, the British Hong Kong government has no reason to shirk it. After all, in the eyes of Hong Kong citizens, investing in the subway is definitely a loss-making business, and all subway companies around the world are operating at a loss. .
The British Hong Kong government had no excuses, so it had no choice but to bite the bullet and hold investment talks with the Hong Kong Housing Company. However, the talks did not go smoothly at the beginning. Some of the conditions proposed by the British Hong Kong government made it difficult for the Hong Kong Housing Company.
This is the delaying tactic used by the British Hong Kong government. In order to break the deadlock, the Hong Kong Housing Corporation directly announced the contents of the talks to the media, and announced them once for each meeting, euphemistically called openness and transparency.
This has completely exposed the face of the British Hong Kong government to the public eye, and there is no way to refute it. As a Hong Kong citizen, you have the right to know some of the government's work, and this investment meeting does not involve any confidential content. .
At present, the length of Hong Kong's subway lines is not long, so the assets are not high. The distance from Kowloon to Yuen Long is relatively long. The length of the new subway lines is longer than the current length of the subway, and the same is true for the funds required.
If the Hong Kong Housing Corporation succeeds in acquiring shares, the funds required to complete the line from Kowloon to Yuen Long will be higher than the existing assets of the Hong Kong MTR Corporation. Then, by then, the Hong Kong Housing Corporation will be the largest shareholder of the Hong Kong MTR Corporation.
By then, the Hong Kong government will become a minority shareholder in the new company, and its voice will be greatly weakened. This is something the British Hong Kong government is unwilling to accept.
But if it wants to reduce the investment amount of Hong Kong housing companies, the British Hong Kong government must add funds.
However, in the last statement, it was agreed that government funds would be invested in reclamation. This created a situation where the British Hong Kong government had money but could not use it.
In addition, the Hong Kong MTR Corporation's subway lines have just been in operation and are still suffering huge losses. The land on the subway has not been effectively developed and utilized, and the income from this aspect is not yet obvious.
So after a long period of war of words, the British Hong Kong government finally sold all the shares of the Hong Kong MTR Corporation to the Hong Kong Housing Corporation out of some unknown mentality.
This gift from the British Hong Kong government originally wanted to scare the Hong Kong Housing Company, but unexpectedly, the Hong Kong Housing Company was very happy.
After all, the profitability of the Hong Kong MTR Corporation in its previous life was obvious to all, and it was one of the few profitable metro companies in the world.
When the new agreement was reached, the Hong Kong Housing Corporation fully acquired all the assets of the Hong Kong MTR Corporation with a capital of HK$10 billion. As soon as the news came out, the entire Hong Kong media became excited.
They thought that the negotiations would be full of twists and turns and would not go smoothly. In fact, this was indeed the case. However, no one expected that the British Hong Kong government would sell the MTR Corporation directly to the Hong Kong Housing Corporation.
In fact, it is not impossible if you think about it, because everyone knows that building a subway is a bottomless pit.
The British Hong Kong government took advantage of the fact that the Hong Kong Housing Company urgently needed to build a new subway line and simply asked the Hong Kong Housing Company to take over the company. Future losses would be borne by the Hong Kong Housing Company.
Not only did the British Hong Kong government get rid of the burden, but it also made a small fortune from the Hong Kong Housing Company. In the eyes of the people of Hong Kong, no matter how you look at it, it was the British Hong Kong government that took advantage, while the Hong Kong Housing Company It’s a hot potato that has been taken over.
Of course, these media analysis and public speculation.
The official rhetoric of the British Hong Kong government is that the British Hong Kong government will need a lot of funds to improve Hong Kong's people's livelihood and economy in the future, so it will sell the Hong Kong MTR Corporation in exchange for part of the funds.
The Hong Kong Housing Corporation also expressed its righteousness, saying that the Hong Kong Housing Corporation has always been committed to improving the living and travel problems of Hong Kong citizens. This time accepting the Hong Kong MTR Corporation is a practice of fulfilling its promise.
After hearing the words of both parties, everyone knows that in this transaction, "Zhou Yu hits the yellow cover, one is willing to fight and the other is willing to suffer", and it seems that both parties are very satisfied with the transaction, and both got what they wanted.
In fact, the Hong Kong Housing Corporation is willing to acquire the Hong Kong MTR Corporation, first of all because of the transportation needs of the new town.
Yuen Long District is too far from the city center of Hong Kong. Without convenient transportation, its attractiveness to citizens will be much reduced, and the evacuation effect will also be greatly reduced.
If the population living in Yuen Long cannot reach a certain level, commercial development will be much slower and the number of jobs provided will be correspondingly reduced, which is very detrimental to the development of the new town.
Secondly, the development of Yuen Long New Town is just the beginning. There will be many new towns to be built in the future, which will always involve traffic problems.
For the sake of the future, we might as well buy the Hong Kong MTR Corporation, which would also bring with it a large amount of land on the ground, which would be related to the current business.
The lines currently opened by the Hong Kong MTR Corporation are all in the most prosperous places in Hong Kong. The land and properties on the subway are owned by the Hong Kong MTR Corporation.
This is a piece of fat that can be used to develop commercial office buildings and shopping malls, which will definitely bring huge benefits.
Of course, more importantly, the Hong Kong Housing Corporation already knows the operating strategies of the Hong Kong MTR Corporation in its previous life.
As long as you operate according to the strategy of your previous life, you will definitely make a profit in the future. Even if you don't make a profit, as long as you don't lose money, it is still a good deal. (End of chapter)