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In the middle of the last century, Hong Kong's cityscape was undergoing a quiet transformation.
The construction industry has also ushered in new development opportunities.
This towering building carries the expectations and dreams of countless people.
The total construction cost reached 200 million, which was an astronomical figure at the time.
However, the business tycoon, Henry Fok, handled the situation skillfully with his amazing financial management skills.
Only 10% of the total price was used, which is the seemingly insignificant but significant 130,000 yuan.
This huge project was launched.
Chapter 665
At that time, Hong Kong's real estate market was like a newly sprouted seed, still in its nascent stage, shrouded in mystery.
Most people hesitate and adopt a wait-and-see attitude when faced with this unknown territory.
However, with his keen and insightful vision, Fok Ying-tung accurately captured the hidden opportunities in the market.
In addition, his decisive and resolute decision-making ability led him to throw himself into it without hesitation.
Like a beacon lit in the darkness, they became the undisputed pioneers of the industry.
After gaining a deeper understanding of this past, He Yuzhu felt a profound admiration for Fok Ying-tung's investment vision and strategies.
In his mind, Fok Ying-tung was already a legendary figure in the real estate industry and a role model for him to learn from.
His glorious deeds constantly inspire me to forge ahead on the path of business.
The success of this project served as a powerful ray of light, illuminating He Yuzhu's path forward in the real estate industry.
It also filled him with unwavering confidence in his future.
At the celebration banquet, he appeared relaxed and cheerful.
But deep down, he made a grand vow: to take Mr. Fok Ying-tung as his role model.
In this complex, ever-changing, and unpredictable real estate market, one must develop a keen eye for detail.
Precisely capture every fleeting business opportunity.
He was well aware of the powerful force of financial leverage.
Just like a highly skilled chess player, you need to make skillful moves.
To ensure that every penny of capital can be used to its maximum effect in market competition and achieve exponential growth in wealth.
He understood that the real estate industry was fiercely competitive, much like a war without gunpowder.
Only by being like a brave navigator, daring to raise the sails in the turbulent sea of commerce.
Carefully plan your course and steer your "wealth ship" well.
Only then can we break through the turbulent waves of market fluctuations and the hidden reefs and treacherous shoals of competition from peers, and smoothly sail to the other side of success.
Looking back, Mr. Fok Ying-tung took a different approach to project funding.
Apart from the initial investment, Fok Ying-tung relied entirely on the revenue from selling pre-sale apartments to cover the remaining enormous expenses.
At that time, the real estate market was still relatively traditional.
As a new sales model, off-plan properties have stirred up ripples, much like a stone thrown into a calm lake.
This has sparked strong curiosity and anticipation in the market.
With his keen business acumen, Mr. Fok Ying-tung accurately seized opportunities.
We meticulously prepared and successfully launched our pre-sale plan.
The plan quickly attracted the attention of many investors as soon as it was launched.
Funds flowed into the project like a continuous stream, providing a solid guarantee for subsequent construction and development.
In the Hong Kong real estate market at the time, Fok Ying-tung had a keen eye and set his sights on pre-sale projects with great potential.
After a series of meticulous operations, these pre-sale apartments were successfully sold at an astonishing price of 80 per square meter.
This result is truly amazing; with just this one business, they have reaped a substantial profit of over 100 million.
In the following year or two, Fok Ying-tung was riding high and pressed his advantage.
They targeted the tenement buildings in Sifang Street and the Champagne Building, and made a decisive move.
With his exceptional business acumen and decisive decision-making, he successfully sold these properties one after another.
Amazingly, the total profit from these transactions exceeded 1000 million.
However, the funds he initially invested were less than 100 million.
Henry Fok's series of successful operations are like a captivating and legendary business epic.
It caused a huge stir in Hong Kong's business circles, and the story spread far and wide through word of mouth.
His story has undoubtedly become a powerful source of inspiration for countless entrepreneurs.
People like He Yuzhu, who harbor burning dreams and dare to brave the waves in the business world.
They all regard Fok Ying-tung as a shining beacon guiding their way forward.
Draw strength from his experience and steadfastly pursue your own business ideals.
At a time when the real estate industry has not yet fully taken off and the market landscape remains unclear.
With his keen business acumen, Huo Yingdong strongly persuaded He Yuzhu to invest in this field with unlimited potential.
He spoke earnestly and without reservation, explaining the operating model of the real estate industry to He Yuzhu.
The industry's astonishing profits are revealed through detailed data and case studies.
At that time, He Yuzhu was somewhat tempted by the blueprint drawn up by Huo Yingdong.
I often picture the wonderful future that awaits me after I've dedicated myself to it.
However, his long-standing prudent approach to business has left him with many doubts when facing this emerging and unpredictable industry.
He repeatedly weighed the pros and cons, pondered whether his own experience could be successfully transferred, and worried about the risks brought about by market fluctuations.
Now, He Yuzhu has personally devoted himself to the project in just six months.
We are deeply involved in the entire process, from land bidding and planning and design to construction and property sales.
I then personally experienced that what Fok Ying-tung said was true.
Market feedback and a steady stream of revenue powerfully demonstrate Huo Yingdong's foresight.
Currently, the company has 800 million yuan in operating profit lying quietly in its account.
This is not just a string of numbers, but the real result of the team's hard work day and night and meticulous operation.
Every penny represents the hard work and wisdom of all members.
These funds, like nimble sprites, flickered and leaped in the account.
In a silent yet highly infectious way, they conveyed the good news of success to everyone.
Looking at these impressive numbers, [specific name] was filled with joy.
All the hardships of the past have turned into sweetness at this moment.
The hardships and obstacles encountered in the early stages of entrepreneurship pale in comparison to this achievement.
His aspirations for the future grew stronger, and the entrepreneurial fire in his heart burned even more fiercely and intensely, fueled by the profit figures.
Based on the current steady profit pace, a conservative estimate is made.
A year later, the operating profit of 800 million could very well climb to 2400 million, or even achieve greater success.
At that time, I will look back on the 300 million yuan I invested in the early stages of my business.
It is expected to undergo an amazing transformation, turning into a huge profit of between 2400 million and 3000 million.
This is not only an increase in wealth, but also a powerful testament to the gradual realization of entrepreneurial dreams.
As a result, sales figures skyrocketed, achieving an astonishing 10-fold increase!
He Yuzhu stood on the podium in the conference room, his eyes sparkling with excitement.
The light was like the brightest star in the night sky, as if one could already foresee the moment when they would stand at the pinnacle of wealth.
He was dressed in a tailor-made, gorgeous tuxedo, his sharp suit featuring clean, flowing lines.
Every cut is just right, and the dazzling lights shine on her, reflecting a stunning luster.
All around, admiring and congratulatory gazes from colleagues surged forth like a tide, and praises echoed endlessly.
In that dreamlike scene, thunderous applause erupted, like surging waves crashing against the rocks, one after another, lasting for a long time.
Vibrant flowers arrived from all directions, their fragrance filling the entire space.
He Yuzhu was enjoying the glory that success brought him, his chest slightly puffed out, full of vigor and high spirits.
At this moment, he was filled with pride and had boundless expectations for the journey ahead.
It's as if the road ahead is paved with dazzling gems, and every step will leave behind a glittering trail.