Chapter 43 Xiangjiang Real Estate Construction Chamber of Commerce
The Chamber of Commerce then discussed some matters related to real estate in Xiangjiang, and also discussed the situation of the next land auction in Xiangjiang.
Due to the limited land resources in Xiangjiang, before each land auction by the Xiangjiang government, the construction chambers of commerce will negotiate internally on which company will auction the land to avoid internal competition among Chinese capital, thereby raising the price of land.
Li Guangyu's Starlight Real Estate is currently busy with the development work of Tin Shui Wai and has no interest in the auction to be held by the Xiangjiang government. Therefore, he quietly watched these big guys negotiating land by land and compromising with each other without making any comments.
Opinion.
After the meeting, Huo Yingdong walked over to Li Guangyu. Li Guangyu said to him: "Huo Sheng, thank you for your recommendation, allowing me to join the Real Estate Construction Chamber of Commerce."
Huo Yingdong smiled and said, "Li Sheng, I am just following the trend. I believe that even if it is not my recommendation, you will join in soon."
"Huo Sheng received the award, so I am just lucky. Compared with my ability, I am still far behind the seniors here." Li Guangyu said modestly.
"I think no one in Xiangjiang today would doubt your ability. Otherwise, how could Li Ka-shing, Li Shau Kee, and Guo Desheng recommend you as a director of the executive committee?" Fok Yingdong said.
Only then did Li Guangyu realize that he was the managing director because of their efforts. Li Guangyu was still surprised at first. How could Fok Yingdong and the others directly push him to the board of directors? Wouldn't that offend a large number of other people? With Li Ka-shing and their recommendation, plus Stanley Ho's
status, and with Huo Yingdong and the others working hard behind the scenes, it would be of no use even if some individuals disagree with it.
Li Guangyu said: "This is because the elders think highly of me. I will definitely contribute more advice and suggestions to the Chamber of Commerce in the future to live up to everyone's trust in me."
Huo Yingdong invited Li Guangyu: "Li Sheng, do you have time to attend a banquet I am hosting tomorrow night?"
Li Guangyu readily agreed to Huo Yingdong's invitation: "Of course I have time for Huo Sheng's invitation. I will definitely be there tomorrow night."
…
In the private room of the Peninsula Hotel at noon, Li Guangyu and Stanley Ho were chatting about matters in the Chamber of Commerce.
"Guangyu, don't take the Construction Chamber of Commerce too seriously. Although it has a high status in Xiangjiang, at our level, we don't care much about these things." Stanley Ho said to Li Guangyu.
"Uncle, I don't know much about this, and I don't plan to vigorously develop the real estate industry in Hong Kong, so as not to compete with everyone." Li Guangyu said to Stanley Ho.
"If you don't invest heavily in the Xiangjiang real estate industry, then you don't need to pay too much attention to the Real Estate Construction Chamber of Commerce. At worst, you can just listen to it when there is a meeting. Sometimes you don't even need to go."
Li Guangyu is really not ready to compete with the major real estate companies in Hong Kong. He is planning to wait for the group to develop Tianshuiwei and then jump to RB. That is the place to make a fortune. RB With the rapid development of the economy, RB housing prices are also rising.
The myth will be shattered in 1989. How could Li Guangyu give up such an opportunity to make money?
"Uncle, I am going to let Starlight Real Estate Group practice in the development of Tian Shui Wai, and then prepare it to develop in RB. I think that with the rise of RB's economy, RB's real estate will also have good opportunities. If uncle is willing, you can
Let your real estate company and Starlight Real Estate Group go to RB to look for opportunities as soon as they arrive." Li Guangyu was ready to take Stanley Ho to make money together.
Stanley Ho did not quite agree with Li Guangyu's words and said: "It doesn't matter if you want to go to RB to develop, avoid quarreling with the major families in Hong Kong. Uncle, I mainly focus on Hong Kong and Lisboa, and currently have no plans to invest in foreign countries."
Li Guangyu saw that Stanley Ho was not willing to go to RB development together, so he did not persuade him. At present, the major families in Xiangjiang are relatively conservative and all have roots in Xiangjiang.
Li Guangyu then said: "Uncle, when the meeting just ended, Huo Yingdong invited me to attend a cocktail party he held tomorrow night. What does he want?"
"You also received his invitation. I don't know what the specific matter is yet, but he invited people from our major families to gather together. It is probably related to the mainland." Stanley Ho said.
"Uncle will also go tomorrow, so I will go there with you tomorrow," Li Guangyu said.
Li Guangyu knew that when Huo Yingdong brought everyone together this time, he must be talking about the ownership of Xiangjiang. Therefore, Li Guangyu wanted to go with Stanley Ho, so that any problems could be thrown to Stanley Ho.
"Okay, come to my house at 6:30 tomorrow night, and we will go there together." Stanley Ho replied immediately after hearing that Li Guangyu wanted to go there with him.
In the afternoon, Li Guangyu was going to Xiangyu Group, but Li Ka-shing found him and asked him to go to Cheung Kong Group for a board meeting.
Li Guangyu was a little confused about Li Ka-shing's board meeting. Li Guangyu had never asked about Cheung Kong's business. Why did Li Ka-shing notify him to hold a board meeting?
After Li Guangyu came to Cheung Kong Group to meet with Li Ka-shing, he asked: "Uncle Li, Cheung Kong is developing rapidly under your leadership. Why do you suddenly want to hold a board meeting?"
Li Ka-shing said: "Guangyu, I have a big plan this year and I need to get the support of the board of directors and explain it to the board of directors."
Li Guangyu was puzzled: "Uncle Li, you are now the absolute majority shareholder of Changshi Group, with more than two-thirds of the shares. If you decide, won't it be over?"
Seeing what Li Guangyu said, Li Ka-shing replied: "After all, you are also shareholders of Changshi. Although I can make the decision directly, only with your support can our group develop better. Besides, I still have to tell everyone about this action of mine."
Hello, directors."
Li Guangyu thought, no wonder Li Ka-shing will be so successful in the future. This is not without reason. Based on his attitude towards shareholders, many people are willing to cooperate with him.
"Uncle Li, just do whatever you want to do, and I will definitely be consistent with you on the board of directors." Li Guangyu said.
After Li Ka-shing heard what Li Guangyu said, he was very happy. He said to Li Guangyu: "Guangyu, I am going to do a big thing this year. Last year I did not attack the Jardine Consortium on the Jardine Wharf. This time I am going to disturb the Jardine Consortium."
of Hutchison Whampoa.”
When Li Guangyu heard this, he realized that Li Ka-shing was planning to acquire Hutchison Whampoa, and he absolutely had to support it. Cheung Kong had made a fortune by acquiring Hutchison Whampoa, and Li Guangyu was making money by following suit.
He said to Li Ka-shing: "I absolutely support Uncle Li's actions. If you need any help, just ask. If you are short of money, I can inject capital."
Li Ka-shing was very happy for Li Guangyu's support. But when he heard that Li Guangyu wanted to inject capital into Cheung Kong Group, he immediately said: "Guangyu, I also have a plan. Cheung Kong does not need shareholders to inject capital yet."
Li Guangyu knew that Li Ka-shing was afraid that his injection of capital into Cheung Kong Group would shake his control over Cheung Kong, so he didn't mention it again after Li Ka-shing refused. Li Guangyu arranged for Yuan Tianfan and others to slowly absorb Hutchison Whampoa in the market.
What about shares? But if Cheung Kong acquires Hutchison Whampoa, Li Guangyu can also increase his shares in Hutchison Whampoa.
At the subsequent board meeting of Cheung Kong Group, since the two major shareholders Li Ka-shing and Li Guangyu agreed to acquire Hutchison Whampoa, several other shareholders also agreed to Li Ka-shing's plan.