Chapter 1540 The rush of real estate developers(1/2)
"The Royal Sister" has a huge box office for two consecutive weeks. Hui Yinghong, as the heroine, is naturally incredible.
She also took the time to invite Yin Jun to a meal.
The boy struggled for a while and then went to the appointment.
The subsequent development was naturally as he thought before. Sister Hong once again transformed into a female knight, and was fierce and had a good time with Yin Jun.
If Yin Jun hadn't been practicing martial arts every day, he would have been directly squeezed out by Sister Hong.
Sometimes Yin Jun wondered whether he had become a tool for Sister Hong to relieve stress and relieve emotions.
But men are all greedy animals. Sister Hong is young and young, and she is beautiful and good at work, and can unlock various postures. Of course, the boy also likes it very much.
Otherwise he wouldn't have been happy to go to the appointment.
In this life, Sister Hong's development was so smooth that with Yin Jun behind her, she naturally would not go crazy to go to France to shoot Banguo's photo album.
In fact, Sister Hong, who is in a double harvest of career and love (!?), is very radiant, and her charm has rushed out of Xiangjiang and radiated to Asia.
Shiseido from Japan has sent out an invitation to sign Sister Hong’s cosmetics endorsement for $2 million a year.
This price is the highest among all Hong Kong Moss female stars.
Among the Chinese female stars around the world, she is second only to Deng Lijun.
The Queen of the Diva is a monster and cannot be compared at all. With the great success of the Grammy, the album sales exceeded the sky, and no one dared to hand it over to Guan Weihua for less than 10 million US dollars.
It seems that it is mid-December and it is about to come 1984, but Xiangjiang's economy still shows no sign of recovery.
The return of the Hong Kong dollar exchange rate is normal, but it is just the previous mistake.
Now the financial order in Xiangjiang is still relatively chaotic, and people still don’t trust those small and medium-sized banks, and the bankruptcy of financial companies also occurs from time to time.
Not to mention the land market and real estate market, it is even worse than the financial industry.
But among them, there is also a relatively large real estate company, which has been a bit popular recently.
It is Lee Zhaoji's Henderson Land.
The real estate company, which Yin Jun holds a 25% stake, fell below its net market value last year.
But after that, because of Yin Jun's capital investment and Li Zhaoji's own operations, it had recovered a lot of vitality without realizing it.
Especially two days ago, when Henderson Landscaping announced that it had successfully acquired a land-changing equity letter worth HK$1 billion, it caused a sensation.
When Yin Jun bought 25% of the shares of Henderson Landscape last year, Henderson Landscape's share price had fallen below HK$1.8 billion, almost lower than when they went public.
Although the stock price of Henderson Land has risen afterwards, despite being encouraged by Yin Jun's shareholding, it definitely did not exceed HK$3 billion.
Now they suddenly said, "What's going on when they spent 1 billion Hong Kong dollars to buy a B land exchange rights book? Do they have that much money?"
Judging from the prices in the stock market, Henderson Land has a combined market value of only 2.5 billion yuan, and the funds in hand will not exceed 500 million yuan!
As a result, the Qilin Daily then revealed the whole story.
This time, Henderson Land Exchange's acquisition of the B land exchange equity letter did not spend from the company's daily operating funds, but instead used equity as collateral to lend HK$1 billion to South Korea's Busan Bank.
But the problem arises again.
The overall market value of Henderson Land Development is only HK$2.5 billion. If you want to borrow HK$1 billion, according to the rule that the bank's valuation is relatively low and you can only borrow 70% of the loan, wouldn't you have to take out at least 50% of the shares?
Li Zhaoji only has 45% of the shares!
But the Kirin Daily is really well-informed. They immediately found out the record. Busan Bank did acquire 50% of the shares of Henderson Seoul, but there was Yin Jun's 25%, and Li Zhaoji only took out 25%, and one of the two major shareholders was half.
And in the loan contract of Busan Bank, the guarantor written is Yin Jun.
So people immediately understood that the loan was led by Yin Jun.
If it weren't for Yin Jun, even if Henderson Landscape took out 50% of its shares, it wouldn't be able to get a loan.
Since Yin Jun is optimistic about the acquisition, the B land exchange rights book seems to be a bit messy!
However, however...
What everyone would never expect is still to come.
Following the Qilin Daily, the Libao revealed another piece of news.
That is, Henderson Land Exchange not only acquired HK$1 billion in just a land exchange equity book, but Li Zhaoji received a total of approximately HK$4 billion in land exchange equity book.
The remaining 2 billion land exchange rights letters were acquired by Kirin Group.
As soon as the news came out, Li Zhaoji was immediately blocked.
The reporters refused to give in and insisted that he honestly explain whether he had joined forces with Yin Jun to do something.
Li Zhaoji is not the second richest man in Hong Kong in the future, and his fourth uncle is not the fourth uncle, so under the relentless pursuit of the reporters, Li Zhaoji finally spoke "unstoppable".
"Yes, I also helped Jun Shao acquire some land exchange rights books for Jun B."
"We decided on this matter together. Not only Jun Shao thinks that Xiangjiang has a future, but I think so too."
"The amount of investment is too much? No, no, you see, Jun Jun dares to invest 2.6 billion Hong Kong dollars, why can't I follow him? After all, those who follow Jun Jun have never suffered a loss yet!"
"I think Hong Kong is still a bit large, the housing prices in Hong Kong Island are too expensive, and Yau Tsim Mong is too dense. Only the vast New Territories are suitable for building new towns. Everyone knows that if you want to buy land in the New Territories, it is naturally the most suitable place to change the land rights book of Type B."
"These rights and interests books will be invalidated in 1997? Where did you hear it? Do you believe in rumors or are you willing to believe Jun Shao? Take a step back and say that if you want to be invalidated, Jun Shao's B land-changing rights and interests books are above the front, right?"
“…”
After such a show, the stock price of Henderson Land has risen by 8% in just a few days, almost reaching 3 billion.
Ordinary people, except for the indigenous people in the New Territories, are basically just watching the fun of things like Type B land exchange rights books.
But some small and medium-sized real estate companies have smelled the scent of price increases.
They quickly wanted to buy some in the New Territories, but they didn't expect that after asking, they realized that in the past six months, in addition to Li Zhaoji's large-scale acquisitions, including Zheng Yutong's New World Development, Li Chaoren's Changjiang Industrial, Guo Desheng's Sun Hung Kai, etc., real estate giants actually have more or less acquired them.
A newspaper has also announced the acquisition information of their real estate developers in the past two days, and the overall number has exceeded HK$6 billion!
After a few rounds of acquisitions in the first ten years, there were not many types of land exchange rights books in the New Territories farmers' hands, but now they have been plundered for HK$6 billion. Where can I find more?
Even if some are left, they hold them tightly in their hands and will never sell them again.
Think about it, so many big real estate developers have entered the market to buy at the bottom. So will it be far from the rise of the B land exchange rights book again?
However, including Zhang Renlong, who is from the New Territories Township Court, actually feels a little regretful.
They originally had a lot of land exchange rights books on Type B, but they still sold about half of them.
If you don't sell it, even if you just postpone it for a few months, the price will soar by 30%.
What annoyed Zhang Renlong and others the most was that Yin Jun had already told Zhang Renlong that they would hold the Land-changing Rights Book in their hands and hold on for a few years, and it would naturally become a bright future.
Unfortunately, they didn't listen.
To be precise, I didn't believe it completely.
So a compromise method came out, selling half and leaving half.
Fortunately, half of them were left in the end, not all sold out.
In this matter, although Henderson helped Yin Jun buy a 2.6 billion yuan land exchange rights book for Yin Jun, no one would blame Yin Jun for saying that Yin Jun was a clever robbery.
I've said everything, you still have to sell it, so what can I do?
Besides, everyone is buying, and the price given by Yin Jun is exactly in line with market expectations. So what else can you say?
When he heard Zhang Renlong call, he said that he was upset about not listening to his advice. Yin Jun in turn comforted him a few words.
If you are not included, you will not be able to experience that huge pressure at all.
Zhang Renlong can keep half of it himself, so that those big families and landlords can keep almost half of it. He is already very courageous and has a very tough nerve.
There were several families who did not believe in Yin Jun, but they sold out all of them in July and August, and moved their families to Canada.
This is called cutting off one's own way of wealth and not having that fortune.
After putting down the phone, Yin Jun shook his head unconsciously.
What is now?
It will not be until 1985 that you will know what "a piece of paper is for gold".
In several new towns developed by the government in the New Territories, 90% of the land was exchanged by real estate developers for land exchange rights books.
The profit at that time was almost tens or hundreds of times higher than the price they acquired now.
The reason why Li Zhaoji made Henderson Landscape become the top ten companies in Xiangjiang was that he himself became the second richest man in Xiangjiang, and half of his wealth came from the land brought by these B-type land exchange rights books.
Similarly, Kirin Group now has a land exchange equity book worth HK$2.6 billion, and ten years later, it will be worth 50 billion!
It is no surprise that Kirin Group will use it to develop real estate and commercial facilities and double it to reach HK$100 billion.
Sometimes when you think about it, it is actually easy to get rich.
As long as you identify a good project and hold it tightly, you can make a fortune.
Not to mention Xiangjiang, the same is true in the mainland.
Since the opening of commercial real estate in the 1990s, in nearly 30 years, no matter what industry you do, you cannot make money as much as real estate.
As long as you keep buying and selling houses and constantly rolling snowballs, it is not a strange thing for ordinary people to become billionaires.
To be continued...