After the time entered October, the citizens of Xiangjiang had been living a peaceful life for a few days, but they were suddenly stunned by a piece of bombshell news again!
Land, the well-deserved leader in Hong Kong's real estate industry, Hang Lung Properties, which once had the second highest market value of Chinese-owned real estate, and Overseas Trust Bank, a well-known company in Hong Kong, suddenly held a press conference to jointly announce.
Hang Lung Properties will acquire the Golden Gate Tower owned by Land for HK$430 million!
At the same time, it was announced that Hang Lung Real Estate will reach a strategic partnership with Overseas Trust Bank, and Overseas Trust Bank will be fully responsible for the financial transactions of Hang Lung Real Estate!
As soon as the news was announced, all reporters at the scene were immediately shocked.
First, in August, Chu Huan announced the establishment of Huaye City, a billion-dollar project. In October, Hang Lung Properties announced that it would acquire the Golden Gate Tower for 430 million!
Didn’t it mean that the stock market crash severely hit the real estate industry in Xiangjiang?
Why are all the real estate companies in Xiangjiang now richer than the last?
Chu Huan can talk a little better. Everyone knows that Chu Huan has united four huge consortium companies: Sun Hung Kai, New World, Hopewell Properties, and Hutchison International in Hong Kong. At the same time, Huaye City is also a project with a very long investment cycle.
But now the Golden Gate Building is different. This is a one-time deal!
Where did Hang Lung Properties get so much money?
However, Chen Qizong, the spokesman for this project, told everyone a not-so-complete answer when asked by reporters!
The 430 million Hong Kong dollars used by Hang Lung Properties to acquire the Golden Gate Tower was not settled in one go. Instead, half of the capital of 215 million Hong Kong dollars was paid to Land first, and the remaining half will be paid in the second half of next year!
This answer was accepted by reporters on the scene.
Various questions followed. From this press conference, Chen Zengxi did not say much. It was Chen Qizong who responded to questions from reporters from all sides.
This also gave everyone the illusion that Chen Qizong was leading this matter... In fact, it was not an illusion. Strictly speaking, this matter was indeed led by Chen Qizong.
The press conference started at 8 a.m. and ended when the Hong Kong stock market opened. The stocks of Land, Hang Lung Properties, and Overseas Trust immediately received varying degrees of improvement.
Heung Kong shareholders did not care about so many twists and turns. Land was able to obtain 430 million in cash from this transaction, which could be used to develop its own industry. This was a visible benefit, and Land's stock price naturally rose.
Hang Lung Real Estate was able to withdraw 215 million in cash at one time under such an environment, which shows that Hang Lung Real Estate is rich. For a rich company, the stock price will naturally rise.
Overseas Trust Bank is not bad either. In this transaction, it has obtained Hang Lung Properties, a wealthy customer, and its future development will naturally be more brilliant, so the stock price will definitely rise!
Henry Keswick, Michael Keswick, Chen Zengxi, Chen Qizong, Zhang Mingyi, and Zhang Chengzhong were sitting in the conference room, listening to Chen Zengxi's secretary talking about the rise in the stock prices of the three companies, and everyone had a satisfied smile on their faces.
"Ronnie, you did a great job this time!" Henry Keswick, Chairman of Jardine Hess Land, praised Chen Qizong with satisfaction.
"I believe it won't be long before you can become someone who exists side by side with Chu Huan!"
This is not Henry Keswick teasing Chen Qizong, but sincerity. Now that Chu Huan is the number one among the young generation in Hong Kong, no one has doubted it. Now Henry Keswick can put Chen Qizong on the same page as him.
Chu Huan is in the same position, which already shows that Henry Keswick is very optimistic about Chen Qizong.
Chen Qizong wanted to be reserved, but he couldn't keep calm. He smiled happily and said, "Thank you Mr. Keswick for the compliment. I hope I can surpass Chu Huan in the future!"
Henry Keswick was a little dazed, and then laughed loudly: "I also hope to see that day soon!"
Chen Zengxi said at this time: "Mr. Keswick, the cooperation between you and us seems to be very successful this time. I hope that the cooperation between our two companies can be deepened in the future!"
Henry Keswick was truly reserved and said with a smile: "If there is a chance, Hang Lung Real Estate has always been a real estate company that I am very optimistic about. I believe that Hang Lung will definitely become a banner among Chinese real estate companies in the future!"
Chen Zengxi said humbly: "That still needs a lot of help from Mr. Keswick!"
Henry Keswick nodded with satisfaction and said: "There will be opportunities for cooperation!"
Zhang Mingyi looked at Chen Zengxi and Henry Keswick as they greeted each other without making a sound, appearing very low-key.
After the greetings were over, Henry Keswick and Michael Keswick stood up and left!
"You did a good job this time!"
Henry Keswick preached to Michael Keswick on the way to the car.
Hearing Henry Keswick's compliment, Michael Keswick immediately beamed with joy. When getting in the car, he did not forget to give Chen Qizong and Zhang Chengzhong a proud smile.
After Henry Keswick and Michael Keswick left, the four of Chen Zengxi returned to the conference room of Hang Lung Center!
"Brother Zhang, thank you very much for this incident!"
A wine glass was already placed in front of Chen Zengxi. At this time, Chen Zengxi picked up the wine glass and thanked Zhang Mingyi.
Zhang Mingyi smiled and said: "Brother Chen is so polite. This cooperation is a win-win situation for everyone!"
Chen Zengxi laughed and said: "That's true!"
The two drank the wine in one gulp, and Chen Qizong and Zhang Chengzhong clinked their glasses in celebration with smiles on their faces.
By mortgaging his Hang Lung Center and another property, Chen Zengxi took an overseas trust loan of HK$180 million, and the remaining 35 million in cash was all the working capital of his Hang Lung Properties.
Although Hang Lung Real Estate's liquidity has been drained, Chen Zengxi is not too worried at this time. The current rise in stock prices is just the beginning. He believes that in the days to come, Hang Lung Real Estate's stock prices will continue to rise. In addition, this year
Hang Lung Properties will also have a large-scale property for public sale by the end of the year.
This chapter is not over yet, please click on the next page to continue reading the exciting content! At that time, a large amount of cash will also be withdrawn.
If we promote it more vigorously at that time, the share price of Hang Lung Properties will also rise accordingly.
Chen Zengxi believes that by next year, even if the stock price of Hang Lung Properties cannot return to its heyday, it will not be much different. By then, Hang Lung Properties will once again become the leader among Xiangjiang real estate companies.
And he no longer has to envy those real estate companies that are enclosing land!
Thinking of this, Chen Zengxi couldn't hide the smile on his face.
"Ronnie, Kevin, you two are very good. The reason why you lost to Chu Huan before was because you were too entangled in targeting Chu Huan. You don't know that only when you develop well can you deal with the opponent better. Now this
This incident is the best explanation. I believe that in less than two years, you will surpass Chu Huan, and then you will find that it is much easier to deal with Chu Huan than it is now!"
Chen Zengxi praised Chen Qizong and Zhang Chengzhong.
The two immediately said that they had indeed taken it for granted before, but they would not do so from now on!
After hearing their assurances, both Chen Zengxi and Zhang Mingyi smiled.
Zhang Mingyi even smiled and said: "Speaking of which, Ronnie and Kevin were reminded by Chu Huan Huaye City that they were able to think of this plan to increase the stock prices of our two companies. In this case, can we thank Chu Huan?
Woolen cloth?"
Hearing what Zhang Mingyi said, the other three people all showed knowing smiles, and Chen Qizong said proudly: "At this time, I really want to see the expression on Chu Huan's face!"
Zhang Chengzhong was complimenting and said: "It must be very beautiful!"
Hearty laughter sounded again in the conference room.
...
What's Chu Huan's expression?
An unconcerned expression!
“I didn’t expect Hang Lung Properties to be so bold and acquire the Golden Gate Tower at this time!”
Guo Bingxiang and Zheng Jiachun came to Jiahu Building today. It was obvious that they already knew about the press conference of Hang Lung Properties just now.
When Zheng Jiachun heard what Guo Bingxiang said, he laughed and said: "At least their goal has been achieved. Through this transaction, the stock prices of the three companies have been improved to varying degrees, and this is just the beginning. I believe their stock prices are still there.
It will rise, even more than some of our stock prices!"
Most people in the Xiangjiang business community can see that Hang Lung Properties wants to use this transaction to increase its stock price.
Guo Bingxiang wondered: "According to our calculations, Hang Lung Real Estate's current liquidity is probably going to bottom out, right? Aren't they afraid that other companies will suddenly launch a hostile takeover of them at this time?"
Zheng Jiachun analyzed: "No, now all businesses in Xiangjiang have too much time to take care of themselves due to the stock market crash. Who has the spare capacity to acquire Hang Lung? Besides, now that Hang Lung has reached cooperation with Jardine Matheson and Overseas Trust, as long as the stock market crash does not happen again,
According to the situation, Hang Lung Real Estate is now a guest of major banks in Hong Kong. If someone maliciously acquires Hang Lung at this time, Chen Zengxi will definitely be able to raise a sum of funds in a short period of time. If he competes with it, the gains will outweigh the losses!"
Guo Bingxiang nodded, then suddenly looked at Chu Huan with a smile and asked: "Ah Huan, they are obviously learning from your Huaye City. Looking at your former opponents, now you are using your own
What do you think about how to achieve success?"
Chu Huan smiled easily and said: "What can I say? Congratulations. Besides, their acquisition is more about immediate benefits. How can it be compared with our Huaye City!"
It seems that the current Huaye City is only a billion-dollar project, which is completely inadequate compared with the later projects that often cost billions or tens of billions. But don’t forget that this is Hong Kong in 1973!
Not the Xiangjiang of future generations!
The most important thing is that Tianhai Real Estate now owns 4 million square feet of real estate. This alone ranks first in the entire Xiangjiang!
At this time, most of the real estate companies in Xiangjiang only have 300,000 to 400,000 square feet of land each, and some only have more than 500,000 square feet.
Even among the foreign-funded real estate companies, none can match Tianhai Real Estate in terms of land reserves at this time.
The current land bank of Tianhai Real Estate can be summarized in one sentence, that is, Tianhai Real Estate is now the largest landowner in Xiangjiang!
Huaye City not only has residences, but also has more supporting facilities, banks, shopping malls, cinemas, etc. These are not for sale in Tianhai Real Estate's plan. These lands are used to collect rent.
To put it simply, by the 1990s, the annual rent of the Huaye City project alone would be as high as 20 to 30 billion Hong Kong dollars!
This is a chicken that lays golden eggs!
On the other hand, it is different when Hang Lung Properties acquires the Golden Gate Tower. The Golden Gate Tower is as big as this one. Even if land prices in Xiangjiang rise rapidly in the future and rents rise, the rent brought by the Golden Gate Tower will only be 100 to 200 million!
Facing Chu Huan's calmness and calmness, Guo Bingxiang and Zheng Jiachun just smiled after hearing this. Naturally, they could see the difference.
In the eyes of the two of them, Hang Lung Real Estate just spent a higher price to reluctantly return to the same starting line with them!
The two of them came to Chu Huan not specifically to tell Chu Huan about this matter, but to discuss some matters with Chu Huan about Huaye City.
However, after understanding the purpose of their visit, Chu Huan sent them directly to Lu Qi, and Bao Tianming took care of other matters on his own.
However, the three of them still agreed to get together in the evening!
After finishing a day's work, Chu Huan took a car to the Jade Club and met Guo Bingxiang, Zheng Jiachun, Feng Yongfa and Tang Yunian who were already waiting here.
"Look, some newspapers have already called Chen Qizong a person alongside you among the younger generation in Hong Kong!"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Seeing Chu Huan arrive, Guo Bingxiang immediately handed the evening newspaper of "Chengbao" in his hand to Chu Huan and preached in a teasing tone.
After Chu Huan sat down, he took the "Cheng Bao".
Sure enough, today's "Sing Pao" gave its front page headline to the acquisition of Golden Gate Tower by Hang Lung Properties.
"Chen Qizong, as the son of Hang Lung Real Estate founder Chen Zengxi, played a vital role in this transaction. According to this newspaper, it was his connection that facilitated this transaction. This shows that the young people in Xiangjiang Shopping Mall
A generation is rising.
In the past, Chu Huan's light was so dazzling that we ignored other people. Now when we look at it again, we find that Chu Huan is not the only one in Xiangjiang, but there are more young people we should pay attention to.
And Chen Qizong is obviously an indispensable one among them. I believe that with the support of Hang Lung Properties, Chen Qizong will soon become the second Chu Huan in Xiangjiang. As for whether he can surpass it, we can only wait and see!"
This is an excerpt from the entire report, but from this evaluation, it is not difficult to see that because of the Golden Gate Tower transaction, Chen Qizong has officially entered the horizons of Xiangjiang citizens.
Chu Huan smiled, put the newspaper aside, and said: "You can write whatever you want. Such a title will not bring any benefits, but will become a target for everyone to attack!"
After hearing what Chu Huan said, Guo Bingxiang and others nodded.
"In the past, the Chen family could be said to be very low-key, but I didn't expect it to be so high-profile this time!" Tang Yunian said with some sigh.
At present, their Nanhai Textile has not found a better second path, but the Xiangjiang Shopping Mall is already surging.
Feng Yongfa said: "It's okay even if they don't have a high profile. They have spent so much money to increase their company's stock price. If they don't have a high profile, they won't be able to achieve the results they want!"
Zheng Jiachun suddenly said: "Tell me, when will Hang Lung Properties plan to issue new shares?"
Raising the stock price, issuing new shares, and raising funds are basically the routines of most real estate companies in Hong Kong. Now that Hang Lung Properties has spent such a large price to increase its company's stock price and influence, it must issue new shares.
Guo Bingxiang said: "I know that Hang Lung Properties will have a large-scale property sale at the end of the year. I think their stock price will definitely rise again by then, and they should sell new shares at that time!"
After finishing speaking, Guo Bingxiang and Zheng Jiachun both showed a look of worry.
Everyone knows that when the Hong Kong government auctions land, most of it will be at the end of the year. During this period after the year, if Hang Lung Properties sells new shares at that time, coupled with the proceeds from new real estate projects, I believe that Hang Lung Properties will have enough funds at that time
It must be very abundant.
For Sun Hung Kai and New World, which aim to take advantage of this period of low land prices in Hong Kong to hoard land, they are a big competitor.
"Okay, that's all for the future. Did you ask me to come here to drink, or to discuss these unhappy things?"
Chu Huan interrupted everyone's thoughts and preached dissatisfiedly.
When everyone heard what Chu Huan said, they all reacted, and then laughed and said: "Of course I came here to drink!"
As he spoke, Guo Bingxiang waved to the waiter from Jade Club, "Bring me the wine that I kept here before!"
Upon hearing this, the waiter immediately turned around and went to get Guo Bingxiang a drink.
When the waiter came back, Guo Bingxiang took out a tip from his pocket and was about to give a reward when a sound suddenly came from outside the booth.
"Master Chen is here!"
Chen Qizong with a proud look on his face, Zhang Chengzhong with the same expression, and Michael Keswick walked into the Jade Club and immediately attracted a lot of attention.
Chen Qizong was even more proud of giving tips, each tip was a thousand-yuan note!
When the waiter carrying Guo Bingxiang's wine saw this situation, he immediately showed an envious expression, and his eyes naturally shifted to Chen Qizong, as if he wanted to go there immediately.
When Guo Bingxiang saw this, his face suddenly darkened and he snorted coldly.
Upon seeing this, the waiter quickly apologized, but after taking the hundred-yuan tip from Guo Bingxiang, he immediately approached Chen Qizong, with a smile on his face like a blooming chrysanthemum...
Guo Bingxiang's face sank when he saw this situation.
Chu Huan and others suppressed their laughter and began to shrug!
"You don't have to come to the Jade Club anymore!" Guo Bingxiang said dissatisfied.
Chu Huan and the others looked indifferent. This was just a place where they occasionally met and talked about things. What was important was these people and the things they talked about, not the Jade Club.
On the other side, Chen Qizong and the others also learned from others that Chu Huan and the others were also here.
After receiving the news, Chen Qizong smiled disdainfully, "Arrange a private room on the second floor. The current level of Jade Club on the first floor is getting worse and worse!"
Hearing Chen Qizong's words, not only Guo Bingxiang was angry this time, but other people also showed unkind expressions. Even if the education they received was better than that of their peers, in the end they were still young people in their twenties.
It is certain to be proud and arrogant.
Chu Huan made them admire Chu Huan by shocking their hearts one by one, but they really couldn't admire this Chen Qizong.
Naturally, he would not be satisfied with Chen Qizong's current attitude.
"Change somewhere?"
Chu Huan suggested at this time.
"If you don't change, why should we change?" Guo Bingxiang, who had just said that he would not come to the Jade Club in the future, said angrily: "At least we can't change today!"
Chu Huan shrugged indifferently!
...
Chen Qizong's highlight moment did not stop there, but intensified. On the next day, "Cheng Bao" made an appointment with Chen Qizong for an exclusive interview.
This report made the front page of Sing Pao the next day.
In the report, Chen Qizong seemed to be pointing out the situation and talking about the economic situation of Hong Kong.
This chapter is not over, please click on the next page to continue reading! "I think that the stock market crash in Xiangjiang has passed its cold winter period and has officially entered the recovery period. In the past seven months, the citizens of Xiangjiang have suffered from the impact of the stock market crash.
Wealth shrinks, which is what I don’t want to see!
But now, I can definitely tell the stock investors in Xiangjiang that the stock market crash in Xiangjiang is getting away from us, and a bright future is right in front of us.
It is precisely because of this that we, Hang Lung Properties, choose to cooperate with Land at this time. This is not only the reason why we are optimistic about the stock market in Xiangjiang, but also because we, Hang Lung Properties, are optimistic about the development of Xiangjiang.
As the population of Xiangjiang increases, there will naturally be more demand for property and employment, all of which will generate consumer demand.
Xiangjiang’s bright future will start from the real estate industry and the financial industry!”
This is also a section from an exclusive interview with Chen Qizong.
At this time, Chen Qizong seemed to have become the spokesperson of Xiangjiang and was worried about Xiangjiang's economy.
But it is undeniable that the citizens of Xiangjiang will eat such tricks, so the stock price of Hang Lung Properties has risen again.
At this time, their stock price has nearly tripled since their trough period!
After completing the competition against Sun Hung Kai, New World, and Hopewell Properties, they are still far behind their peak stock prices.
But no matter how you look at it, the stock price of Hang Lung Properties is developing in a positive direction.
The media has always been chasing the new. Now Hang Lung Properties' acquisition of Golden Gate Tower has caused the stock price to go against the wind. The Chen family, which has always been low-key, now has a suddenly high-profile person like Chen Qizong.
This series of actions has naturally made Chen Qizong and Hang Lung Properties the hottest topic in Hong Kong today!
The more popular it is, the more attention Hang Lung Properties receives.
And their stock prices naturally continued to rise.
"Daddy, maybe we can sell new shares without waiting until the end of the year!" Chen Qizong was telling Chen Zengxi his plan with a proud look on his face.
Chen Zengxi's expression at this time was filled with regret.
When Chen Qizong saw this, he asked with some confusion: "Daddy, what's wrong with you?"
Chen Zengxi said helplessly: "It's still a pity. If we had enough cash in hand before the stock market crash, we could not only hoard more land, but also take advantage of the company's lowest stock price to acquire part of the stock.
If this is the case, not only will we not dilute our own shares by issuing new shares in the future, but we can also take advantage of this stock market crash to earn more price differences!"
In this stock market crash, other real estate companies, such as Cheung Kong, Sun Hung Kai, New World and other real estate companies, although their stock prices were also hit, their own properties were not affected much, and they took advantage of the lowest stock price of their own companies.
At that time, some of the company's shares were recovered.
Acquiring at a low price, waiting for the company's stock price to rise, and then selling it a little bit, ensures that they can continue to maintain their control over the company.
However, Hang Lung Real Estate was not so lucky. Naturally, Chen Zengxi and his son did not have the extra funds to acquire the company's stocks, and then played the trick of buying low and selling high.
At this time, Chen Qizong said with great satisfaction: "This gap can be made up. As long as we make Hang Lung Properties the number one Chinese real estate company in Xiangjiang in the future, our stock price will naturally be the highest by then."
, it will certainly not take much to issue new shares at that time.
And at that time, no company had the strength to initiate a hostile takeover of us."
Chen Zengxi nodded after hearing this, knowing that his previous thoughts were a bit greedy, so the disappointment on his face gradually disappeared.
"Ronnie, the number of times you have appeared in front of the media these days is enough. You must be careful not to overdo everything. Now that our Hang Lung Properties stock price has been rising steadily, you can also appropriately reduce your appearance in the media.
Too many times in front of me!”
Regarding Chen Zengxi's reminder, Chen Qizong didn't have any objections. He said: "There will be an interview with the wireless station tomorrow night. After that interview, I will turn down other interviews!"
Chen Zengxi nodded.
...
While Chen Zengxi and Chen Qizong, father and son, were looking forward to the bright future of Hang Lung Real Estate, one man fell into hesitation about his own future.
This person is Huang Yulang, the owner of Yulang Books.
The "Little Rascal" comic series, after adding the two comics "Tathagata Palm" and "Emperor", the sales volume once exceeded the 200,000 copies of a single issue in Hong Kong, but in the latest issue, this sales volume
Suddenly the sales volume dropped to 180,000 copies.
Not only that, even sales in Southeast Asia are falling at this time!
Sales fell below 500,000 copies.
In other words, the bet between him and Zhang Chengzhong is now in a situation that is not conducive to him.
What makes Huang Yulang even more frightened is that the next issue is the last one, and it is also the last issue in which he and Zhang Chengzhong will bet!
Regardless of the previous sales volume, this issue must exceed the number of bets, which means that Xiangjiang exceeds 200,000 copies in a single issue, and Southeast Asia exceeds 500,000 copies in a single issue!
"Should I continue to cheat? Or should I discuss it with Zhang Chengzhong?"
Huang Yulang will never be willing to lose to Zhang Chengzhong!
Because in that case, Huang Yulang would really be doomed!