Chapter 1077 The position determines the interests
On Saturday afternoon, Li Guangyu arrived at the Xiangjiang Real Estate Development Chamber of Commerce. This was a quite special meeting. Since the defeat of the Xiangjiang British Capital Group, there have been few such meetings in the past few years, especially this kind of meeting that must be held except under special circumstances.
A meeting attended by all members.
Not only does the Li family have their own calculations within the consortium, but now that there is no big enemy of the British-owned foreign companies in Hong Kong, these Chinese-owned families have also lost their cohesion. When there is no external pressure, for the sake of their own interests, former allies have also moved towards
Confronted.
Today, many leaders of real estate companies have targeted the Li Group. Some of the practices of the Li Group have deeply hurt their interests. If it were not for their lack of strength, these leaders would probably suppress the Li Group.
Although Li Guangyu changed a lot of things after time travel, what has not changed is the main business of the top management in Xiangjiang. Whether it is in the past life or now, the top group of people in the Xiangjiang business world definitely have real estate companies under their subsidiaries, and even the vast majority of them are based on
This is the main business.
Today's meeting also includes 90% of the middle- and upper-class Chinese-owned family leaders in Xiangjiang. They also deeply affect the financial situation in Xiangjiang.
At the beginning of the meeting, President Huo Yingdong said: "Our Spring Festival is coming soon. It is not appropriate to hold this meeting today. Everyone is busy now, but at the request of many members and managing directors
, I still agreed to hold this meeting, and I hope that through this meeting we can better communicate and promote our common development.
Our chamber of commerce was established in the 1960s and has now been more than 20 years old. Our original intention is to hope that our Chinese families can unite and compete with British-owned foreign companies. Now I still hope that everyone can maintain this original intention and be able to
Cooperate and help each other instead of going into confrontation.”
Now everyone knows the situation in Xiangjiang. The British-funded consortium in Xiangjiang has withdrawn and retreated. It no longer has the strength to compete with their Chinese-funded groups. Moreover, the strength of each group is getting stronger and stronger, and they are no longer as weak as before.
It is necessary to unite other families to compete with the Xiangjiang British Capital Group.
In addition, the market in Xiangjiang is only so big now. If each company wants to develop, it must squeeze out the market of other companies. This problem cannot be solved by simple cooperation.
Moreover, there is currently a rigid rule in Xiangjiang that only 50 hectares of land will be sold each year, which intensifies the competition among companies. There is only so much land, how can it be shared by so many real estate companies? It is impossible for their companies not to develop, if it is divided evenly
If you give them all companies, then it is estimated that everyone's companies will be finished.
The situation we face is different, and people's hearts are naturally different. Now every company hopes to get the land that the government transfers every year into their own hands. They are all real estate developers. If they don't have land, how can they develop it, and how can the company develop?
Of course, He Hongsen knew what the main problem of this meeting was. As the vice president, he said: "In recent years, without the suppression of British-funded foreign companies, many of our business leaders have their own small ideas, and some even
They only have their own interests in mind and will not consider the future development of Xiangjiang at all, let alone the interests of the five million citizens of Xiangjiang.
Don’t you know how big the Xiangjiang market is? There are only over five million people here. How many real estate companies do we have here? How can this possibly satisfy your development?
Some people think that we are blocking their interests and that we are responsible for the current oversupply situation in Hong Kong. They hope to return to the previous situation of slowly building projects one phase at a time. A project can take as short as five or six years and as long as more than ten years.
mode.
I admit that everyone can indeed make more profits this way, but have you ever thought about what this will cause?
Regardless of whether you grew up in Xiangjiang or not, we have all developed in Xiangjiang for decades. This is our common home and our foundation. Doing this as some of you think is definitely not conducive to the future development of Xiangjiang. People who think like this
Absolutely selfish."
He Hongsen's words were very long, and the members present knew clearly that what He Hongsen expressed represented the meaning of the Li Group and the Xiangjiang Group.
Some members have opinions and think that He Hongsen is standing up and talking without hurting his back. Regardless of the Li Group or the Xiangjiang Group, they are developing comprehensively. Although they also have real estate, real estate is not their only pillar.
Let’s not talk about the Li Group. In addition to many real estate groups, the Heung Kong Group also includes finance, China Gas, Heung Kong Electric, hotels, retail, jewelry, media and entertainment, tourism, shipping, textiles and other industries.
The Li Group and the Xiangjiang Group can make up for the losses in real estate in other industries, and the citizens of Xiangjiang will also praise them.
But many of them are different. They only hope to make money here. If they continue to develop like this, it will be difficult for these companies to survive in Xiangjiang. After all, their capital is far less than that of the real estate groups under the Li Group and the Xiangjiang Group.
Strong.
In order to develop a project, he still needs to get a loan from the bank, and the interest rate will not be low. The Li Group and the Xiangjiang Group do not exist. They both have their own banks, but they are just left to the right, and they do not worry about loan interest at all.
pressure.
Moreover, these large groups develop very large scale each time, which also reduces their construction costs. This results in the same price, and their profits are much lower than those of the real estate companies under these two major consortiums.
And they don’t dare to sell at the prices offered by the two major consortiums. Now the supply relationship in the Hong Kong property market is not tight. At the same price, the public will only choose properties from large groups such as Star City, Zhaoji, Sun Hung Kai, etc., and they will not be interested in them at all.
Interested in small real estate.
Multiple reasons lead to the fact that some large real estate groups can make money at the current property market prices, while many small and medium-sized real estate companies can only make meager profits, and may even suffer losses.
This makes them quite reluctant. The situation was definitely not the same ten years ago. At that time, even if there were British-funded consortiums, they would not be unable to make money. Now the practices of the Li's Consortium and the Xiangjiang Consortium are obviously harmful to others and not beneficial to themselves.
And what makes them feel most uncomfortable is that several real estate groups under the Li Group and many groups under the Xiangjiang Group are building in Japan's real estate market. While they are making astonishing profits there, they are still making them uncomfortable here in Xiangjiang.
If these groups can go out and develop with peace of mind, they won't say anything. They are not afraid of what Li's Consortium and Xiangjiang Consortium are afraid of. Now the company's development is the most important. If there is no high profit, how can their company grow rapidly.
Originally, it was okay to build so many houses on a large scale at one time in Tin Shui Wai. After all, it was the Governor's request. However, this time Starlight City announced that it would build a second Tin Shui Wai in Tseung Kwan O and develop tens of thousands of houses at one time.
Starlight Real Estate Group is rich and willful, and can build such a large property at one time, but they are in trouble. There are only so many people buying houses in Xiangjiang every year. Once Starlight City is established, it will make it difficult to buy many small properties. In addition,
Starlight City's prices are moderate, so how can their prices go up? This is something many small and medium-sized real estate companies don't want to see.