Chapter 324 Right to Business Development on the Subway Station
On the morning of January 21, Li Guangyu, Guo Qingya, Gan Qin, and Zhao Yu watched a good show at the Financial Secretary's auction.
Due to the influence of Li Guangyu, not only Li Guangyu himself did not take action this time, but also several real estate groups such as Stanley Ho, Li Ka-shing, Lee Shau Kee and Guo Desheng did not take action in this auction.
On the contrary, Chen Zengxi, Hu Yingxiang, Lin Baixin, Zheng Yutong and Yihe, Taikoo and Wheelock were competing fiercely. As for Pao Yugang, firstly, he had not straightened out the Wharf warehouse, and secondly, he came to see Li Guangyu, Guo Desheng and others.
No one took action, so he gave up the fight.
After the auction, Hang Lung Group Chairman Chen Zengxi came to Li Guangyu and invited Li Guangyu to attend his luncheon at the Peninsula Hotel.
Chan Tsang-hee's Hang Lung Group, together with Cheung Kong, Sun Hung Kai Properties, Hopewell Properties and Dah Chong Properties, are collectively known as the Five Tigers of Chinese-owned real estate. Even Lee Shau-kee's Shau Kee Group and Cheng Yu-tung's New World Properties are just juniors. Even now, Hang Lung still firmly sits in the Chinese real estate industry.
Among the top five real estate companies, Cheung Kong, Wharf acquired by Sun Hung Kai and Pao Yugang, and Li Guangyu's Starlight Real Estate Group can beat him.
Especially last year, he formed a group with Cheung Kong, Zhao Kei, New World and Jardine Land to build properties on the Mong Kok subway, making a profit of HK$4.6 billion in two years, of which Hang Lung Group, as the largest shareholder, made a profit of HK$1.6 billion. Li Guangyu knew that Hang Lung Group
Now it has acquired Taohua Datong Company and is preparing to develop real estate there.
When Li Guangyu arrived here, he saw that there were already several big shots in the private room, including Pao Yugang, Li Ka-shing, Li Shau Kee, Guo Desheng, Zheng Yutong and others. Li Guangyu even saw the famous playboy Zhao Shizeng also arriving.
here.
Li Guangyu wasn't quite sure what Chen Zengxi was planning to do by inviting so many real estate tycoons here. Judging from his posture, he was planning something big.
It was estimated that everyone was here, so Chen Zengxi ordered the hotel service staff to start serving food.
Chen Zengxi said, "I invite you all to come here today because I want to discuss a major matter with you. You also know that in 1979, our Hang Lung Group cooperated with Jiacheng, Shau Kee and Yutong to acquire the Mong Kok MTR station.
The property development rights were fully developed last year and achieved good profits.”
Li Ka-shing said, "Zeng Xi, thanks to the efforts of your Hang Lung Group, we can benefit from following you."
Chen Zengxi smiled and said, "You deserve this. If it weren't for your support, I wouldn't be able to get the property development rights above Mong Kok MTR station."
Chen Zangxi is also very confident now. Last year's profit has caused the market value of Hang Lung Group to rise significantly. Now Hang Lung Group is not far behind Sun Hung Kai Properties Group in market value. As long as his plan can succeed this time, he believes that the strength of his group will
Surpassing Sun Hung Kai Properties, it is expected to compete with Cheung Kong for the second position in Chinese-owned real estate.
As for the number one position, Chen Zengxi has never thought about it. Starlight Real Estate Group does not even need to calculate the market value. The properties of the Li Group controlled by Starlight Group alone far exceed the total market value of Hang Lung Group.
After the food was served and the waiters went out, Chen Zengxi said to everyone, "I hope to cooperate with you this time to get the property development rights for the nine subway stations on the new Xiangjiang Metro Line. I don't know if you are interested. As you can see,
Well, the real estate industry in Xiangjiang is still booming, and this time the British-funded consortium headed by the Jardine Matheson Group also wants to obtain the property development rights above these subway stations."
Li Guangyu did not expect that Chen Zengxi would be so ambitious. He wanted to unite with the Chinese real estate group to form a group to compete with the British consortium, and wanted to grab the property development rights for the nine newly built subway stations. Li Guangyu really admired his courage.
It's just that I'm afraid I chose the wrong time.
Although they made a fortune by cooperating with Hang Lung Group last time, Li Ka-shing and Lee Shau-kee did not agree immediately this time. They knew that Li Guangyu was not optimistic about the development of the real estate market in Hong Kong in the next few years, so they had better be cautious. Such a huge
The plan requires a lot of funds. Once the group's funds are involved, it will be very detrimental to the development of the group.
Zheng Yutong, who has cooperated with Chen Zengxi in the past, is very confident. He made a fortune with Hang Lung Group last time and is also very optimistic about this development model.
After Chen Zengxi finished speaking, Zheng Yutong immediately replied, "Zeng Xi, there is no problem. We can still adopt the cooperation method last time and form a group to jointly win the property development rights in these places. We cannot take advantage of these British consortiums."
After Zheng Yutong finished speaking, Zhao Shizeng, chairman of Huaguang Real Estate Group, said, "We at Huaguang Real Estate Group are also willing to join in and cooperate with everyone to develop these properties."
Zhao Shizeng was very aware of the profits made by Chen Zengxi and the others at Mong Kok MTR Station. If Chen Zengxi invited him to participate this time, he naturally could not let go of such an opportunity.
What Chen Zengxi hopes most is to hear the news that Li Guangyu and the others have joined. With the participation of Li Guangyu and several major groups, things will be completely stable this time. And with the participation of the Li Group, the development of these places
It has a lot of conveniences. For example, in terms of transportation, the Kowloon Bus Company of the Lee Group is a great weapon.
Unfortunately, what disappoints Chen Zengxi is that none of the people working on Li Guangyu's side said anything, and just listened quietly to other people's stories.
Chen Zengxi asked Li Ka-shing, "Ka-shing, do you plan to come in and participate in the stock this time?"
Li Ka-shing is currently busy dealing with Hutchison Whampoa matters, and also the establishment of the Japanese branch of Cheung Kong Group. Moreover, Li Guangyu is clearly not optimistic about the development of the Xiangjiang real estate industry. He is not willing to join such a huge plan at this time.
go.
Li Ka-shing said, "Zeng Xi, you also know the situation of our group. After we acquired Hutchison Whampoa, the group has been relatively short of funds. Now we have plans to enter the Japanese market, and we currently have no extra financial resources to join this plan."
After Chen Zengxi heard Li Ka-shing's rejection, he was slightly disappointed. Then he asked Li Shauji and Guo Desheng respectively, but they were rejected by them on the grounds of entering the Japanese market.
Chen Zengxi knew that this must be related to Li Guangyu. Most likely, the Li Group was not optimistic about the development of the real estate industry in Xiangjiang in the next few years, so all the companies related to him went to Japan to develop the market. It seemed that Li Guangyu was very sure
The market in Japan will be safer than that in Xiangjiang.
Chen Zengxi did not ask Li Guangyu and Stanley Ho. He knew that he would get the same answer if he asked. It is estimated that these people will not focus on developing the real estate industry in Xiangjiang in recent years.
Chen Zengxi then turned to Bao Yugang and asked, "Yu Gang, where is your Wharf? Are you interested in joining in and developing these properties with us?"
Seeing that Li Guangyu and the real estate groups related to him were avoiding Xiangjiang and entering the Japanese development market, the chartering king was a little hesitant. He did not see any dangers in the current real estate market in Xiangjiang, but with Li Guangyu's recent
The outstanding vision in recent years has reminded us that the real estate crisis in Xiangjiang is coming.
The charter king replied, "Zeng Xi, how about you let me go back and discuss with the senior management before I give you an answer?"
Chen Zengxi replied, "Yugang, there's no problem. I'm waiting for your good news."