In the afternoon of the same day, Li Guangyu, Gan Qin, Wheelock Group President Guo Qingya, Jiayi Group President Liu Tianci, Zheng Yutong, Feng Jingxi and others crossed the sea to Lisboa.
On Lee Shau Kee's cruise ship, Zheng Yutong said with a smile: "Guangyu, you should really order a luxury yacht to come back now, otherwise you would have to ask Shau Kee to borrow it every time you cross the sea. This is inconvenient, and his yacht is really not very convenient."
How about you order a better one and bring it back next time Uncle Zheng wants to use it, it will be much more honorable to borrow it."
Feng Jingxi smiled and said: "Yutong, you are really not afraid that I will spread your words to Zhaoji. It would be good to have a yacht for us to use. You are still picky. I said your assets are also
It’s quite a lot, why not order a yacht for fun?”
Zheng Yutong has no such thoughts. When the yacht comes back, it will only become the plaything of the two boys at home. Regarding handling the group's business, he does not need them to compete with Li Guangyu. If he can have Wu Guangzheng's ability, he can rest assured.
.
It's just that these two are good at playing. Compared with these people, the group's business is not at the same level. Besides, the property losses at the Xiangjiang Metro Station jointly owned by Chen Zengxi and myself this time are not small. If it weren't for New World Development,
The group followed Li Guangyu's example and withdrew early. It is estimated that they will feel the same headache as Chen Zengxi now, and they will still be in the mood to go to Lisboa.
Li Guangyu said: "I generally don't use this thing, and Weiqing doesn't like it either, so it's useless for me to buy it. If it's a special occasion, isn't it available here at Fourth Uncle's place? Anyway, he's parked at the pier.
It’s a waste, I just want to help him use it, so that the yacht will not break down if it is not used for a long time.”
Zheng Yutong smiled and said: "Guangyu, you have such huge assets now, why don't you know how to enjoy it? Look at many young people in Xiangjiang, don't they all like yachts? When you have nothing to do, you will find some people to drive yachts.
Wander around on the sea and hold parties on it. There are many beauties there every time you go out."
Li Guangyu knew that Zheng Yutong was just joking, and he couldn't stand this.
"Uncle Zheng, you are just talking about me. If Brother Jiachun and the others do this, you will probably give them a bad memory."
Every time he saw Li Guangyu, Zheng Yutong felt that his two sons had only grown in age but not in abilities.
If Jiachun and Jiacheng had Li Guangyu's ability, they could retire with peace of mind now. There would be no need to work hard for the group every day.
This time they went to Lisboa mainly to understand the problems of the Horse Racing Club. Several of their major investment companies had joined forces to acquire the Horse Racing Club. This time, they hoped to run the Horse Racing Club and bring it back to life.
This time, Wheelock Group is mainly building a large-scale commercial complex at the Jockey Club to provide the Jockey Club with a place to rest, play and shop.
Of course, Stanley Ho's own real estate group and Zheng Yutong's New World Real Estate Group will also develop properties here. At the same time, Zheng Yutong's jewelry store and Peninsula Hotel will enter here, and Li Guangyu's supermarkets and cinemas will sell major brands of Hongyu Clothing Group.
The store will also enter, and Watsons will also enter here.
As for the traffic problem there, Stanley Ho has already communicated with the government. They have established a bus company in Lisboa, which currently mainly operates buses from Jockey Club to the city center.
This time several major families have joined forces to revitalize the Jockey Club, and the Lisboa government is also very willing to invest in these groups, which can stimulate the development of the Lisboa economy.
This time, Li Guangyu and the others were just attending an investment meeting, and the following people would naturally be responsible for the rest. If it weren't for the invitation from the Governor of Lisboa and Stanley Ho, Li Guangyu wouldn't have even planned to come. He really had nothing to do here.
Feng Jingxi said: "Guangyu, many banks in Xiangjiang are under great pressure at present. The property market is collapsing faster than we thought. Just this morning, a small bank in Xiangjiang declared bankruptcy. The financial situation is now quite serious."
The collapse of the property market really made all walks of life in Hong Kong unexpected that it would fall so much. Some small real estate developers were unable to repay their debts and declared bankruptcy. This also affected their creditor banks. These small banks were already weak in resisting risks. As soon as the property market collapsed this time
, they simply can’t bear it.
Li Guangyu has no plans to enter the Hong Kong property market yet. It is still early and the property market will continue to decline in the future. It is expected that the second half of the year will be a good time to enter the market.
Li Guangyu said: "Uncle Feng, there is nothing we can do about this. Now we can guarantee that we will not suffer losses."
Feng Jingxi is very lucky. Fortunately, he followed Li Guangyu and others in restricting bank loans to real estate companies, so Sun Hung Kai Bank did not have too many bad debts, especially large-amount bad debts. This made him in this crisis
Be able to deal with it calmly.
The Governor of Lisboa is quite happy this time. Due to the relatively small population in Lisboa, they have always relied on several Lisboa companies for investment, and few large groups have come to develop their own area.
This time, according to Li Guangyu and Stanley Ho's plan, once this place is established, it will be enough for thousands of people to work here. Once the Jockey Club develops, more jobs will be provided here, and it will become a city in the future.
New Town.
Lisboa mainly relies on the entertainment industry and tourism to support its development. There are no other large-scale enterprises here, and the population is only a few hundred thousand. Whether the new city here can develop well depends on the capabilities of families such as Stanley Ho and Xiangjiang.
In the evening of the same day, the Governor of Lisboa specially hosted a banquet for Li Guangyu and others at the Governor's Palace to welcome them to invest in Lisboa.
This time Wheelock Group, Hongji Real Estate Company, Shun Tak Group and Zheng Yutong's New World Group jointly invested HK$5 billion to build a horse racing city.
Among them, Wheelock Group invested 3 billion Hong Kong dollars, occupying 60% of the shares, Shunde Group invested 1 billion Hong Kong dollars, occupying 20% of the shares, Hongji Real Estate Company and New World Group each invested HK$500 million, occupying 10% of the shares.
How could the Governor of Lisboa be unhappy about this? A project of five billion Hong Kong dollars, whether it is the land next to the Jockey Club or the tax revenue generated by this project, will allow their government to obtain a large amount of funds.
But Lisboa's resources are too few, otherwise he really hopes to have a few more projects like this, so that their government will not be so strapped.
The Governor said: "Mr. Li, your Xiangjiang Air Transport Group has established aviation bases in Xiangjiang, Baodao, Kuala Lumpur and Bangkok. Our Lisboa government also intends to build an airport in Lisboa. I wonder if you are willing to invest?"
Li Guangyu doesn't have much money to invest in this at present. The population of Lisboa is still too small, and it can't be compared with Xiangjiang in terms of passenger flow. In the future, when he has enough funds, Taicai will consider it.
problems in this regard.
"Mr. Governor, our group is currently short of financial resources and has no plans to invest in this area for the time being. If the Lisboa government is willing to build this airport, we will also donate a fund to show our support for Lisboa's transportation."
Li Guangyu replied.
The Governor of Lisboa hopes that the Li Group will fund the construction of the airport, but they have no interest in using their own finances to build the airport.