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Chapter 28 Land Auction

On Wednesday afternoon, Li Guangyu and Gan Qinglin walked into the hall where the land auction was held by the Hong Kong government. Since 1977, Hong Kong has survived the economic turmoil caused by the 1973 stock market crisis. Now Hong Kong has entered a new era.

The rapid development of the round, and the real estate industry has also ushered in vigorous development. Its housing prices have increased by 30% compared to 1977, which has also attracted many families to enter the real estate industry. Every land auction in Xiangjiang also attracts major real estate companies.

fierce competition.

Li Guangyu saw some acquaintances in the auction hall. Li Ka-shing came, Li Shauji also arrived, and Lin Baixin actually came to join in the fun. Also arriving at the same time were Hu Yinxiang from Hehe Industrial, Chen Zengxi from Hang Lung Real Estate, Zheng Yutong from New World Group,

Li Guangyu didn't know much about Sun Hung Kai's Guo Desheng. There were also some medium-sized real estate companies and companies owned by several major foreign banks.

Li Guangyu came to sit next to Li Ka-shing and asked: "Uncle Li, which place is Cheung Kong Industries interested in today?"

Li Ka-shing said to Li Guangyu: "Guangyu, our company is planning to choose one of the two plots of land in Kowloon and Central as a commercial development project next year."

When Li Guangyu heard that Li Ka-shing had also taken a fancy to the land in Central, he knew that it would not be easy to win the land in Central today. He said to Li Ka-shing: "Uncle Li, I came here this time also for the land in Central. I am going to buy it."

Build our company’s group headquarters.”

As soon as Li Ka-shing heard that Li Guangyu wanted the land in Central, he immediately knew that there was no hope for Cheung Kong Industries on the land in Central. He said to Li Guangyu: "Guangyu, since you want the land in Central, I will not fight with you. You can build

Have you considered continuing to use Cheung Kong Infrastructure for the headquarters building?"

"Uncle Li, this project cannot be given to Cheung Kong Infrastructure. I have given it to the Lei family's Kowloon Construction. This is the condition for Lei Sheng to transfer his theater to me."

Seeing that the project was failing, Li Ka-shing said nothing on the issue, and then chatted with Li Guangyu about the Tin Shui Wai Industrial Park.

The auction officially started at three o'clock in the afternoon. The auctioneer walked up to the stage and said: "Welcome everyone to participate in this auction. I hope everyone can achieve what you want in this auction."

The auctioneer continued: "Today's first auction item is a mansion with an area of ​​more than 3,000 square feet in Deep Water Bay. The starting price is 2 million. Please bid."

Li Guangyu is not interested in luxury houses at the moment. He is already very satisfied with his family's residence and does not need to buy another luxury house. Besides, this mansion is not too big. In the future, Li Guangyu will find a way to buy other houses with the He family.

Build it yourself on a piece of land at Victoria Peak.

In the end, this mansion was bought by a medium-sized family for 35 million.

Afterwards, several luxury properties were auctioned one after another, and then we entered the focus of today at noon.

The first piece of land in Sham Shui Po district, with an area of ​​about 50,000 square feet, was bought by Hang Lung Properties for 45 million. The second piece of land in Mong Kok, with an area of ​​about 78,000 square feet, was bought by Cheung Kong Holdings for 6,000.

The price of two million was accepted.

"The following is an auction of a 76,000-square-foot plot of land located on Des Voeux Road in Central. The starting price is 30 million, please bid!" the auctioneer said.

After Li Guangyu heard what the auctioneer said, he immediately bid 35 million. The Chinese Capital Group saw that Li Guangyu had made a bid, and no one who was able to compete planned to purchase the land in Central. So after Li Guangyu made the bid, the Chinese Capital Group

None of the major real estate companies here participated in the bidding. At this time, several major foreign banks seemed not to want Li Guangyu to get this land so easily, so Nubigian, chairman of Jardine Matheson Group, directly bid 40 million.

Li Guangyu didn't know why Nubigian wanted to have trouble with him. Li Guangyu immediately bid 41 million, and Jardine immediately quoted 45 million.

Other Chinese-funded consortiums and several foreign banks saw that Li Guangyu and Yihe were at odds, so they did not get involved and watched the show quietly.

Li Guangyu immediately quoted 46 million, and Jardine Group subsequently increased the price to 47 million. The price was raised by the two companies to 65 million, which was far beyond the market resale price of land.

Li Guangyu felt that he had not offended Yihe, so why did he get into a fight with him? Li Guangyu then directly increased the price by 5 million and quoted 70 million.

At this time, Chairman Yihe showed a smile when he saw Li Guangyu's angry face. The reason why Newbigian wanted to confront Li Guangyu on this land was not that Yihe wanted the land in Central. It was because he didn't want Li Guangyu.

It’s easy to get this land. Li Guangyu is a shareholder of Cheung Kong Holdings. Nubigian just doesn’t want Li Guangyu to get this land easily. Now that Li Guangyu quoted 70 million, he didn’t raise the price.

Subsequently, several pieces of land were auctioned by Henderson Land Development, Sun Hung Kai Group, and New World Group. At this point, the entire auction ended successfully.

Li Guangyu accompanied Gan Qinglin back to the International Building and presided over a high-level meeting of Starlight Real Estate. After announcing that the company had purchased the land in Central, he arranged for the company's design department to come up with the design plan for the headquarters building and contacted Kowloon Construction to enter the site as soon as possible and strive to build the site.

It was officially put into use on January 1, 1981. At the same time, the design department was arranged to plan and design the commercial development of Tin Shui Wai to ensure that the development can proceed smoothly in the coming year.

Li Guangyu then talked with Gan Qinglin alone in the office.

"Qing Lin, the offices currently occupied by Xingyu Gaming Company, Tianyu Investment Company, and Starlight Real Estate Group in the International Building have become very crowded on this floor. I plan to ask you to move out and find a new office.

location, leaving enough space for game companies to use."

"Okay, Chairman, I will quickly find a new office location." Gan Qinglin replied.

On October 20, Li Guangyu came to the Kowloon Bus Company to learn about the company's preparations for the bus lines in Tin Shui Wai.

"Qingya, how is the company's current design of the route from Tin Shui Wai to Tsuen Wan, Tai Po and other places?" Li Guangyu asked Kowloon Bus General Manager Guo Qingya.

"Chairman, our company currently plans three bus lines, starting from our industrial park, to connect the traffic between Tin Shui Wai and the city center."

“Will the company be able to open the industrial park when it is completed?”

"Our company plans to start operation in December. There will be fewer operating vehicles in the initial stage. Later, we will gradually increase the investment in operating vehicles as the number of people increases."

Li Guangyu was very happy to know that the company could operate several lines to Tin Shui Wai in advance, which would be of great benefit to its subsequent commercial development. Li Guangyu then encouraged: "Qingya, you are leading Kowloon Bus well now, I will consider it in the future

The right opportunity will move you to a platform where you can better demonstrate your capabilities."

"Don't worry, Chairman, I will manage the company well." Guo Qingya replied happily.

Li Guangyu and Guo Qingya then inspected various departments of Kowloon Bus and got to know the work of each department.


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