Later, a financial magazine in Xiangjiang commented: The opening of Huaye City gave the then-sluggish real estate market in Xiangjiang a shot in the arm!
In just twenty-four hours after the market opened, the first phase of Huaye City was sold out. At the same time, there were many people who had not bought the property and asked when the second phase of Huaye City would open!
"I thought the opening of Huaye City would be crazy, but I didn't expect it to be so crazy!"
At six o'clock in the afternoon on the second day after the opening of Huaye City, all the shareholders of Tianhai Real Estate gathered at Jiahu Building again. At the door of Jiahu Building, there were countless reporters who wanted to interview them.
Zheng Yutong sat in the conference room and couldn't help but sigh.
In the past two days, he has done nothing but pay attention to the opening of Huaye City!
But he never expected that the first phase of Huaye City would be sold out within 24 hours!
A total of 1,500 properties!
There are still countless people who want to know when the second phase of Huaye City will be sold.
Everyone here understands that the Huaye City project is very popular. If Huaye City starts selling off-the-plan properties now, it will definitely make a lot of money.
"I never thought that this was not buying a house, it was just buying discounted goods in the supermarket!" Hu Yingxiang couldn't help but sigh.
"It would be great if our Baiyuan Pavilion had such sales results!" Guo Desheng said with envy.
It is not that there were no other Ade real estate sales in Xiangjiang during this period, but the sales situation of these real estates was comparable to that of Huaye City.
Take Sun Hung Kai Properties' Parkview Court as an example. It has been two months since its launch and only 70% of the units have been sold.
"Ah Huan, I still have the same idea. We can completely sell off-the-plan properties now. I believe that with the current popularity of Huaye City, even if we sell off-the-plan properties, we will definitely be able to sell them at a great price!"
Qi Dezun suggested to Chu Huan.
Because of the booming sales in Huaye City, the stock prices of Sun Hung Kai, New World, Hopewell Properties, and Hutchison International have all risen. But Qi Dezun is not satisfied. Although the rise in stock prices is good, Hutchison International needs more cash.
, only cash can lead Hutchison International out of its current predicament.
What worries Qi Dezun is that because the stock price of Hutchison International has risen slightly, some investors or securities firms who are about to be unable to bear it want to take advantage of this moment to sell some Hutchison International shares to obtain cash.
If the stock market crash had just begun, Qi Dezun would have been very happy about this situation, because at that time he still had enough cash to recycle these scattered stocks, but now because of Hutchison International's series of operations after the stock market crash, Hutchison International
There is no cash flow anymore.
If this outstanding stock is acquired by an interested person, it will definitely not be a good thing for Qi Dezun.
Only if more good news comes out, such as the sale of pre-construction properties in Huaye City, under such good circumstances, Hehe International's stock price will continue to rise, and those investors and securities firms will see the advantages of Hutchison International
, will choose to continue to hold Hutchison International's stock and wait for it to continue to rise.
"Mr. Taipan, we have discussed this matter before and have also conveyed the news to the outside world. If the order is changed now, it will cause some bad things to the owners who want to buy our Huaye City.
The idea is that this will very likely damage our Huaye City’s signboard, so we can’t do it!”
Faced with Qi Dezun's proposal, Chu Huan naturally rejected it again. Now is the best opportunity to acquire Hutchison International. If you miss this opportunity, you will have to find a way to steal it from HSBC in the future, which is not a good thing.
At this time, Chu Huan was no longer the same as when Qi Dezun first met Chu Huan. Although the two had a pleasant conversation before, Qi Dezun understood the weight of Chu Huan's words now.
After hearing what Chu Huan said, he just nodded helplessly and didn't make any further comments.
"Since everyone has no objections, then according to the original plan, all the sales proceeds of the first phase will be used as funds for the continued development of Huaye City!"
Chu Huan preached to everyone.
Chu Huan did not adopt Qi Dezun's suggestion. The others also knew what Chu Huan meant, so naturally they didn't say anything.
At this time, Guo Bingxiang suddenly suggested: "Ah Huan, the sales of the first phase of our Huaye City are so good, why not hold a celebration dance and invite some colleagues in the industry to celebrate?"
Chu Huan did not agree to Guo Bingxiang at the first time, but looked at Guo Desheng and others. At work, Chu Huan guaranteed his absolute authority in Tianhai Real Estate, but when it came to these trivial matters, Chu Huan was still very willing.
Give some face to seniors like Guo Desheng.
Guo Desheng and others saw Chu Huan's eyes asking for their opinions, and immediately said that this was what they should do.
Firstly, it can promote Huaye City, and secondly, it can use this dance to improve the current sluggish real estate market in Hong Kong.
Since everyone had no objections, Chu Huan naturally had no objections either. The last few people decided that the dance would be held at the Peninsula Hotel tomorrow night!
That night, wireless stations and Li TV reported on the sales of Huaye City. Those who were still thinking of waiting and watching were stunned when they heard the news.
With 24-hour business hours, 1,500 properties were sold out in two days?
Li Jiacheng was sitting in his home, watching the content on TV with a complicated expression.
It would be great if Changshi could join this feast!
Li Jiacheng was actually a little confused. When he first met Chu Huan, his attitude could be said to be very low. But Li Jiacheng could still feel that Chu Huan always had some vague hostility towards him. If Hua Huan
The Yecheng project is based on commercial considerations, but what about the Chinese Bank?
Even though Chu Huan said that the Chinese Bank was used to serve as the headquarters of all Chu Huan's companies in Xiangjiang, Li Jiacheng still believed that this was not necessary, especially since he had HSBC behind him. Did Chu Huan really need the Chinese Bank that much?
Li Jiacheng, who couldn't figure it out, could only sigh.
If there is any benefit from this incident, it is that the relationship between him and Shen Bi is stronger.
Just after Chu Huan acquired Chinese Real Estate, Shen Bi personally called Li Jiacheng. The two discussed on the phone for a long time, and finally Li Jiacheng hung up the phone with satisfaction.
Because on the phone, Shen Bi clearly expressed his support for Li Jiacheng.
And Shen Bi’s support represents HSBC’s support!
With this support, Li Jiacheng believes that his future development will be smooth sailing!
"Give me the map of Central!"
Li Jiacheng ordered the servants at home.
A servant immediately went to find a map of Central.
The Chinese Bank has become a thing of the past, and now we can only think about other commercial buildings.
...
The next day, evening!
A lot of newspaper reporters gathered in front of the Peninsula Hotel because they got the news that Tianhai Real Estate would hold a celebration dance here.
Invited many real estate developers in Hong Kong.
This kind of business gathering is definitely one of the most popular news items for Hong Kong residents.
"Look, Sun Hung Kai Properties' Kwok Desheng, Kwong Xiaoqing and his wife are here!"
A reporter saw the CEO of Sun Hung Kai Properties, Guo Desheng and his wife arriving at the scene.
"What's there to be curious about? Tianhai Real Estate already has shares in Sun Hung Kai Properties. Isn't it right for them to come?"
"Why don't you see Guo Bingxiang? Shouldn't he come here with Guo Desheng and his wife?"
"I guess I came here on my own!"
"Look, Zheng Yutong from the New World and Zhou Cuiying and his wife are also here."
"Can you please stop talking about these things that everyone knows? The main purpose today is to see who else will come besides the shareholders of Tianhai Real Estate!"
Sure enough, when Hu Yingxiang and his wife arrived at the scene, the reporters were not so excited.
However, some people still sighed: "Hu Yingxiang is really lucky. Such a big thing happened last year. If he hadn't hugged Chu Huan's lap in time, Hopewell Real Estate would not have been able to turn around by this time!"
"Who says it isn't?"
After Hu Yingxiang and his wife arrived at the scene, Qi Dezun also came to the scene alone.
Many reporters looked at Qi Dezun but had different thoughts in their minds. In the past, these people had highly praised Qi Dezun. After all, before Qi Dezun, Hutchison International was not one of the four major British-owned foreign companies in Hong Kong. Hehe International was under Qi Dezun's Under his leadership, it became one of the four major British-owned foreign banks.
But the current situation of Hutchison International is still disappointing.
After these people arrived at the scene, although many reporters wanted to come forward for interviews, the situation was still under control.
But when Chu Huan and Cao Yunshang got out of the car, all the reporters immediately rushed forward. If it weren't for Qin Peng and others to maintain order at the scene, chaos would have occurred.
There is no way. Everyone knows that although Huaye City has shareholders such as Sun Hung Kai, New World, Hopewell Properties, and Hutchison International, the real leader in this matter is Chu Huan. In addition, Chu Huan has successively acquired Golden Harvest, Chinese Neither Real Estate nor China Entertainment accepted interviews or even appeared in public.
These reporters finally met Chu Huan this time, so naturally they didn't want to give up this opportunity.
However, they did not want to give up, which did not mean that Chu Huan had to accept their interview. With Qin Peng and others maintaining order, Chu Huan and Cao Yunshang entered the Peninsula Hotel smoothly.
Zheng Jiachun, who arrived at the scene early, was waiting for Chu Huan in the lobby of the Peninsula Hotel. Not only was Zheng Jiachun, but there was also a ghost in his twenties next to Zheng Jiachun.
"Ah Huan, you're finally here!" Seeing Chu Huan arrive at the scene, Zheng Jiachun happily introduced the person beside him to Chu Huan: "This is Mi Gao, the son of Luo Lanshi!"
Michael and Laurents, these two names are a bit unfamiliar, but when it comes to their surnames, they are really well-known in Xiangjiang, Kadoorie!
Roland Scarlett is known as the King of Electricity in Asia, not because he knows how to discharge electricity, but because Hua Electric in Xiangjiang belongs to the Kadoorie family.
At the same time, when talking about the Peninsula Hotel, everyone is willing to call it the property of the Kadoorie family.
But in fact, the largest shareholder of Xiangjiang Hotel Group, to which Peninsula Hotel is affiliated, is not the Kadoorie family.
The full name of Xiangjiang Hotel is Xiangjiang Shenghai Hotel Co., Ltd. It was founded in 1866 and was named Xiangjiang Hotel Co., Ltd. at that time.
When the Xiangjiang Hotel was established, it coincided with the collapse of Biandi Foreign Company (also known as Baoshun Company), which was well-known in the Far East at that time, and the central district headquarters was sold to repay debts.
The hotel then purchased the land and rebuilt it into the Xiangjiang Hotel a few years later. It opened on December 1, 1892. This six-story hotel was the only international-class tourist hotel in Xiangjiang at that time. From the architectural form to the internal equipment
, all learned from the first-class hotels in London and hired British experts as general managers. The hotel was equipped with restaurants, dance floors and conference rooms, and it soon became the main social place for gentlemen and ladies in Hong Kong's upper class society.
After the Kadoorie family joined the board of directors of the Grand Hotel, the company's business developed considerably.
In 1910, after successfully opening a hotel in the urban area, the Hong Kong Hotel Co., Ltd. planned to open the Repulse Bay Hotel in the suburbs on New Year's Day in 1920.
At that time, cars had only been used in Hong Kong for two years, and it was fashionable for wealthy children to go on outings by car.
When the Repulse Bay Hotel opened, it happened to become a gathering place for outings of that generation, and its business was as prosperous as the Xiangjiang Hotel in Central District.
The board of directors of Hong Kong Hotel then looked at Kowloon, especially the Tsim Sha Tsui tourist area, where there is a railway station ferry terminal and a Wharf overseas ferry terminal, and the conditions for building a tourist hotel are better.
In 1921, the company's board of directors decided to build a new hotel on the waterfront in Tsim Sha Tsui. The new hotel would be named The Peninsula Hotel.
In order to build the Peninsula Hotel, Grand Hotel Co., Ltd. decided to expand its capital by increasing the number of issued shares from 250,000 to 500,000 shares at HK$10 each, which meant that the capital increased from HK$2.5 million to HK$5 million. At that time, the Kadoorie family had a large number of
New shares are subscribed and shareholding continues to increase.
This chapter is not over yet, please click on the next page to continue reading! During the construction of the Peninsula Hotel, it can be said that there were twists and turns. The entire project lasted for seven years. In 1928, the Peninsula Hotel was finally completed.
The new hotel is not only large in area, but also became the tallest building in Hong Kong for a long time.
All metal products used in the hotel are made of brass or stainless steel. The lobby, halls, rooms and corridors are all covered with rusty carpets. Gorgeous lighting is another feature of the new hotel. The entire hotel is equipped with 4,000 electric lamps of various types.
The luxurious style of Peninsula Hotel is refreshing to the citizens of Xiangjiang.
On the second day of the opening of the hotel, Hong Kong's South China Morning Post published a special article. The newspaper quoted a North American female customer as saying: "Being in this hotel, I seem to have become a millionaire, but in fact I don't have much money in my pocket."
At 4:30 pm on December 11, 1928, the Peninsula Hotel was officially opened. Gentlemen, businessmen and celebrities attended the ceremony. The Acting Governor of Hong Kong, Sir Southotherth, made a speech at the meeting: "Since the opening of the Kowloon-Canton Railway and the Guangdong-Hankou Railway, passengers have
You can take a train from London directly to the door of the Peninsula Hotel in Kowloon, and they can find that the facilities of the Peninsula Hotel are no less than any hotels in Europe and the United States."
It can be seen from this that the Kadoorie family joined the Grand Hotel Group at a later stage. They continued to increase their share capital and became one of the major shareholders of the Grand Hotel Group. However, at this time, the largest shareholder of the Grand Hotel Group was Liang, who was very low-key in Hong Kong.
family.
However, the Liang family does not run the hotel group, but the Kadoorie family runs the hotel business.
In the 1980s, the Liang family wanted to withdraw from the Grand Hotel Group, which gave Liu Luanxiong, a sniper in the stock market at that time, the opportunity to attack the Grand Hotel Group.
However, Liu Luanxiong, an upstart in Hong Kong at that time, was not a match for the Kadoorie family, an established wealthy family in Hong Kong, and subsequently failed to acquire a large hotel group.
The Kadoorie family is a British-Jewish family whose career and life are based in Hong Kong. Unlike the other two British-owned families, the Keswick family of Jardine and the Swire Swire family, they are not as nostalgic for England and are incompatible with the wealthy Chinese families in Hong Kong.
Michael is the only male descendant of the family, and naturally the only successor to the family business and wealth.
This person is also very good friends with Zheng Jiachun.
"Master Huan, I've wanted to get to know you for a long time, but Master Huan has been busy before, so I didn't expect that we would just meet today!" Mi Gao greeted Chu Huan in very fluent Cantonese.
In fact, Michael Kadoorie was not Rowland Scarborough's only son. Michael Kadoorie also had an older brother named Allie Kadoorie. However, during the Japanese occupation, the Kadoorie family was imprisoned in a concentration camp by the Japanese army, and Allie died.
Concentration camp.
"Mr. Michael is too polite. I haven't thanked Mr. Michael properly for the matter in Huaye City!"
The electricity used in Huaye City is provided by Hua Electric Power Company of the Kadoorie family.
Michael humbly said: "The Huaye City project has attracted the attention of the whole territory. It is our honor to cooperate with Huaye City."
There are two power companies in Hong Kong. One of them is naturally the Kadoorie family's Hua Electric Power Co., Ltd. Hua Electric Power Co., Ltd. is responsible for the electricity consumption in Kowloon and the New Territories. The other one is the Hong Kong Electric Group in Hong Kong, which was later acquired by Li Jiacheng!
After the two parties exchanged a few words, Chu Huan asked Zheng Jiachun: "Where is Guo Bingxiang? Is he here?"
Zheng Jiachun shook his head, with confusion on his face, and said: "Not yet, I don't know what the hell is going on!"
Chu Huan said nonchalantly: "Never mind, he's late anyway, someone will take care of him without us taking action!"
Hearing what Chu Huan said, Zheng Jiachun also smiled happily.
Chu Huan then went directly to the banquet hall, while Zheng Jiachun, as the representative of Tianhai Real Estate, was responsible for welcoming guests here.
Not long after Chu Huan entered the banquet hall, Chen Detai, the chairman of Dachang Real Estate, and his wife also arrived at the scene. Chen Detai also wanted to enter the Huaye City project before, but Chu Huan got the same answer as Lijiacheng.
The partners are enough.
But the difference is that after this incident, there were no other conflicts between the two parties. It was just that the cooperation on a business was not successful.
Last year at the Hong Kong General Chamber of Commerce gathering, Chen Detai and Chu Huan had a pleasant chat for a while!
Not only Chen Detai and his wife came, but also Chen Detai’s son Chen Bin came with them. Chen Bin just graduated from MIT in North America this year and joined Dachang Real Estate. After Chen Detai died of illness in 1981, Chen Bin took over Dachang Real Estate.
Real Estate became the youngest group company chairman in Hong Kong at that time!
Dah Chong Properties was also listed in 1972. At that time, it was also known as one of the Five Tigers of Xiangjiang Real Estate. After Dah Chong Properties was listed, it took full advantage of the frenzy of the stock market to issue newly acquired properties or minority shareholders' interests and associated companies of other real estate companies.
rights and interests.
In 1973, Dah Chong issued new shares 15 times, with the number of shares issued reaching 150 million, which were used to exchange shares with companies such as Sun Hung Kai Properties, Tai Shing Development, Lee Hing Development, Carnival Properties and Hutchison International, and purchased a large number of shares.
Property and real estate investment companies, such as purchasing 35% equity of Sheraton Hotel, 25% equity of Metropolis Real Estate and 25% equity of Taikoo Chang, etc.
In the early days of its listing, Dachang Real Estate had a high status in the eyes of investors. Chairman Chen Detai was even called the "real estate strongman." However, Dachang Real Estate rarely developed real estate independently and lacked the courage to undertake large-scale development projects on its own.
Shortly after its listing, Dachang relied on a British-funded consortium to assist in its real estate development.
In addition, Chen Detai has a close relationship with Qi Dezun of the British-owned Hutchison Company. Dachang and Whampoa Dockyard, a subsidiary of Hutchison, have combined to form Metropolis Real Estate, using Dachang's funds and a construction-to-sales system to develop Whampoa Dockyard in Hung Hom and Tai Kok Tsui.
and land for three dockyards in Aberdeen.
If Chu Huan hadn't appeared, Hutchison International would have been acquired by HSBC just like in another time and space. At that time, HSBC would have hired Wei Li, known as the 'company doctor', to take charge of Hutchison International, and Wei Li would have arranged for Hutchison and Whampoa
merge.
Wei Li believed that the Xiangjiang real estate market was booming and did not need to be shared with Dachang, so he overturned many of the previous oral contracts between the two parties, leading to the breakdown of the relationship between the two parties and the lawsuit, which was later settled out of court.
In 1979, Dah Chong Properties purchased back the remaining 55% stake in Capital City from Hutchison Whampoa for NT$310 million, and at the same time sold 25% of the ownership of the Hutchison Building in Central District back to Hutchison Whampoa for NT$110 million. The cooperation between the two parties was terminated.
"Director Chu, Huaye City's sales results this time proved that my vision at that time was correct. It's a pity that I couldn't cooperate with Director Chu in the end."
After Chen Detai saw Chu Huan, he joked directly.
Chu Huan smiled and said: "I am still young, and Mr. Chen is also in the prime of life. I believe that there will definitely be more opportunities for cooperation between you and me in the future!"
Chen Detai's eyes suddenly lit up. Previously, Lei Juehua said that Chu Huan had turned stone into gold. Chen Detai also thought so. Judging from the development of Dachang Real Estate, it is not difficult to see that Chen Detai is very good at cooperating with large consortiums.
Cooperation, on the contrary, there are very few projects developed by ourselves.
Now Chu Huan is no worse than those big British consortiums.
"Then I will remember what Director Chu said. If we have any projects in the future, we must remember our Dachang Real Estate!" Chen Detai said with a smile.
"Definitely!" Chu Huan said firmly. Naturally, there is a cooperation project. Don't forget that Chen Detai still holds shares in Hutchison International, and he also has cooperation with Huangpu Shipyard!
If Chu Huan takes over Hutchison International, he will naturally not choose to go to court with Dachang Real Estate.
Then Chen Detai introduced his young master to Chu Huan. He expressed the hope that Chu Huan and his small group could often play with Chen Bin who had just returned to Hong Kong!
Although Chu Huan, Guo Bingxiang, Feng Yongfa, Zheng Jiachun, Tang Yunian, and Zhao Shizeng do not have any collaborative projects, they are regarded by some people as a small group because they often get together.
Mainly the older generation of Xiangjiang businessmen, although they all want to cooperate with Chu Huan, Chu Huan's age is here after all. Sometimes, some things are not so liberal, so they encourage their own.
The descendants and nephews became friends with Chu Huan.
After chatting with Chen Detai for a few words, Li Zhaoji also came to the scene with his wife.
Guo Bingxiang saw Li Zhaoji coming and greeted him personally. The two old partners who had started a business together seemed to have a tacit understanding.
After Sun Hung Kai went public, Li Zhaoji also followed Feng Jingxi and left Sun Hung Kai, receiving HK$50 million in land and properties when he left.
At the end of the same year, Li Zhaoji and Xiangjiang celebrity Hu Baoxing established Shuitai Construction Co., Ltd., with Hu Baoxing as chairman of the board of directors and Li Zhaoji as deputy.
At a time when the Hong Kong stock market was "dizzlingly hot", Hu and Li took advantage of the heat to list Wing Tai.
Shortly after the listing, Li Zhaoji took advantage of the dizzying situation of investors and sold a large number of Yongtai shares to cash out.
Soon, the stock market crashed, and Li took advantage of the low price to buy in, selling and buying, and made a lot of money.
However, since Li Zhaoji does not want to be a deputy for Guo Desheng, he naturally does not want to be a deputy for Hu Baoxing. Now there are rumors in the business circles that Li Zhaoji is planning to leave Yongtai and start his own real estate company.
After Li Zhaoji talked with Hu Desheng, he came to Chu Huan and asked in a low voice: "Dr. Chu will not change the matter of investing in Henderson Land Development, right?"
Although Li Zhaoji has not officially established his own real estate company, he has already thought of the name of the real estate company, which is called Henderson Land Development. Before that, the operations department of Jiaku Consulting Company analyzed Li Zhaoji’s previous career path.
, suggested to Chu Huan that Li Zhaoji's company is worth investing in.
Chu Huan naturally knew about it, so he contacted Li Zhaoji through Jiaku Consulting Company and proposed to buy shares in Li Zhaoji's new company, and he would only receive dividends from the shares and not participate in the company's operations.
After Li Zhaoji learned the news, he was also very happy. In Xiangjiang, Chu Huan's personality of being very independent in business is unique, and more people still hope to have more partners.
Especially for someone like Chu Huan, with Chu Huan joining, Henderson can quickly build a reputation in Hong Kong. And if Henderson is listed, having Chu Huan as a shareholder will also make shareholders more willing to believe in Henderson.
listed companies.
So after a brief consideration, Li Zhaoji immediately agreed to Chu Huan's investment in his new company.
"Of course it won't change. I've already prepared the funds. I'm just waiting for Li Sheng to open his mouth!" Chu Huan said with a smile.
Li Zhaoji also said happily: "Then I will wait until New Year's Day to contact Director Chu!"
Chu Huan smiled and said: "We are waiting for you!"
Then the bosses of other Chinese-owned real estate companies in Xiangjiang also rushed to the scene. Wang Dehui and his wife from Chinachem were the same Wang Dehui who had been continuously targeted by Xiangjiang and finally disappeared!
Chen Tinghua and his wife from Nanfeng, the other party is also the owner of Nanfeng Textile, and they are known as the kings of cotton yarn.
Sino's Huang Tingfang, Huang Zhixiang and his son, Huang Tingfang is a Singaporean real estate businessman. He is said to have built a large number of commercial buildings in the Orchard Road area of Singapore and is known as the King of Orchard. In the early 1970s, Huang Tingfang began to enter Xiangjiang real estate. In June 1972,
Zixinhe Real Estate Investment Co., Ltd. was listed in Xiangjiang in July of the same year.
Eagle Eagle's Luo Ging Lion. At this time, Eagle Real Estate was not well-known in Hong Kong, but by the late 1970s, it would have become famous.
After talking with these people, Chu Huan and Guo Desheng were both a little curious, why hasn't Guo Bingxiang come yet?
Just when the two of them were curious, Zheng Jiachun and Michael Kadoorie came in first, but the expressions on their faces were very complicated, and Chu Huan became more and more curious after seeing this.
But soon, Chu Huan knew why, because Guo Bingxiang walked in holding Li Tianying's hand!
Chu Huan immediately set his sights on Guo Desheng...