In the evening of that day, the major shareholders of the Xiangjiang Consortium and the Hsinchu Bank Consortium gathered at the Baodao Hotel to discuss development plans in the new year.
Now the strength of the Hsinchu Banking Group is not low. You must know that when Li Guangyu was manipulating gold futures, Hong Kong Bank, Hsinchu Bank, Bank of East Asia, Sun Hung Kai Securities, etc. were not idle. They were also manipulating gold. Although this stock market crash
The major groups suffered some losses in market value, but the gains from the London gold market were enough to make up for the losses of all parties.
One of the most important issues this time is to stop the continued development of the Japanese property market. Completed projects should be sold as soon as possible, and unfinished construction should be accelerated to complete and sell as soon as possible.
Everyone present is already familiar with Li Guangyu. The last time this happened was in early 1981. That time, Li Guangyu asked them to suspend investment in the property market in Hong Kong and transfer to other markets, allowing them to avoid the property market crash.
of losses.
And this time Li Guangyu mentioned it again, which means that the Japanese property market is only one or two years away from collapse.
Looking at the growth of the Japanese property market in the past few years, Li Zhaoji and others are very familiar with it. The Japanese property market at this time is a replica of the one in Hong Kong from 1978 to 1981. It has increased several times in just a few years. This is very scary.
He said aloud: "It doesn't matter if we withdraw slowly now, we still have to put the money in our pockets before we can rest assured. To be honest, the increase in the Japanese property market in recent years has made me tremble. If we don't make preparations early, what will happen if we don't prepare early?"
When an avalanche comes, I'm afraid there will be heavy losses."
Several major real estate groups in Hong Kong and Lukang Real Estate Group still have a very large investment in the Japanese property market. If the time is too short, it will be very difficult for them to make a move.
It's still better as it is now, with a long buffer. They can sell it as soon as they build it, and it won't cause too much shock. After all, this is normal business behavior, and they won't be considered to be emptying their assets and running away.
This is all based on Li Guangyu's previous suggestions. The latest building they will complete is the end of this year. As long as the Japanese property market collapses in the second half of next year, they don't need to worry.
In the past two years, Li Zhaoji, Zheng Yutong, Li Ka-shing and others have been working in Tokyo for a long time for the development of the group. Now that they have withdrawn from the Japanese real estate market, they no longer need to live in Tokyo for a long time.
Zheng Yutong said: "Guangyu, after the Japanese property market exits, I wonder where our new investment location will be?"
Many of them are mainly engaged in real estate development. If they do not plan new investment locations, they will have nothing to do but sit on their hands, which is not conducive to the development of their industries.
"Uncle Zheng, you must also know about the land auction held in Pengcheng last year. I believe that it won't be long before many cities open to the outside world will do this. In the future, our focus will be on the mainland and cooperate with the mainland government's planning to build new cities.
, establishing large-scale CBDs in Shanghai, Huacheng, etc. requires the cooperation of many of our companies, and it is difficult for one company to complete this plan."
A CBD project can easily cost hundreds of billions of dollars in investment. Currently, it is not possible for a real estate group to acquire it. Li Guangyu has the capital, but it is impossible for him to put all his assets on it.
And Li Guangyu is planning to put the first CBD in Shanghai. He believes in the courage of Shanghai's top management. As long as the opportunity comes, the other party will definitely make big plans. Li Guangyu and several real estate groups have joined forces to build a central business district.
There is no problem.
As the mainland's financial center, the stock market also lacks such a CBD. Li Guangyu believes that major companies will never lose money by building such a project.
Regarding the land auction in Pengcheng, all the big guys present had heard that the land was acquired by Starlight Real Estate Group and is currently under construction. Although the area is not large and the investment is not much, it has caused a lot of confusion in Xiangjiang.
The response is not low at all. All parties are paying attention to the construction of Xingguang Community. Once it is successful, Xiangjiang Capital will definitely flock to it.
If the mainland real estate market is really open to them, this will undoubtedly be a huge blessing. You must know that the mainland is a market with more than one billion people, which is enough for them to develop for decades.
Guo Desheng said: "Guangyu, I'm afraid we can't build a central business district if we want to. Pengcheng took so long to prepare for the auction of less than one hectare of land, and it also took great risks. A central business district,
The demand for land is so great that it is impossible not to have thousands of acres of land.
As for such an estimated land requirement, no city in the mainland can dare to allow it to be built without the central government's approval. This will consume a lot of time, and I'm afraid we won't be able to engage in this investment in the mainland for a while."
To build a large central business district, more than just a few buildings will solve the problem. In Shanghai, they can also put the headquarters of various parties here, and at the same time, Peninsula Hotel, Jiuhua Hotel, Far Eastern Hotel, New World Hotel, etc.
, with the addition of Hengyu Supermarket Shopping Center and South China Electrical Appliance Shopping Center, the others will need to attract outside forces to settle in.
It is only because they have so many industries and relatively strong funds that they dare to plan to build a central business district. Otherwise, it would be really difficult. You must know that in such a period, hundreds of billions of Hong Kong dollars must be invested in the mainland to build a central business district.
Absolutely a crazy thing.
It was because of Li Guangyu's suggestion that they, the big guys, were willing to take a gamble with Li Guangyu. Even if they lost, it didn't matter. At worst, this place would become the mainland headquarters of the companies under the Li Group, the Xiangjiang Group and the Hsinchu Bank Group.
You must know that they have more than 50 groups in total and hundreds of companies. All of them have their mainland headquarters in the Shanghai CBD. They don't believe that this can't stimulate the development of this business district.
Li Guangyu said with a smile: "Uncle Guo, don't doubt the determination of the mainland's top management for development. The establishment of such a central business district will be huge for the local economic development, and we still invest in Hong Kong dollars, which is very important for the mainland, which is relatively short of foreign exchange."
It can be said to be a timely help. Sometimes, as long as it is needed, some approvals are very quick, and special cases can still be handled."
The big bosses present saw that Li Guangyu was confident, so they stopped talking. Anyway, the Japanese property market would not be finished for a while. They were just cleaning up the properties in the Japanese property market while waiting for news from the mainland.
When the opportunity arises, they don't mind investing.
If the Shanghai Central Business District can be like Central in the future, then they will reap huge benefits.
As long as the mainland's reform and opening up continues, the potential of the Shanghai stock market as the mainland's financial center is absolutely huge. Even if the central business district there is not as prosperous as Central in the future, they are probably not far behind.
Zheng Yutong said: "At present, we are still waiting for the mainland's policies. At the same time, Coslight can also make a rough plan first. As long as there is an opportunity, we can form a delegation to go to Shanghai in person to discuss with the local government.
A large-scale project will have a huge economic boost to the mainland, and I believe the local government will definitely be interested."
You must know that this is an investment of hundreds of billions of Hong Kong dollars. This project is equivalent to the current investment from mainland foreign capital. He believes that the top management will discuss their investment by then.