Just after New Year's Day, the MacLehose government released a big news. In order to effectively alleviate the problem of insufficient undergraduate degrees in Hong Kong, the government will establish Hong Kong City University and Hong Kong University of Science and Technology in Shatin.
This is also the fourth and fifth university after Hong Kong University, Hong Kong Chinese University, and Hong Kong Polytechnic University. Like Hong Kong Polytechnic University, these two universities mainly focus on science and engineering.
You must know that the Chinese University of Hong Kong is located in Shatin, and this time Hong Kong City University and Hong Kong University of Science and Technology are also built here. It is quite intended to build a university town in Hong Kong here.
In addition to the two universities, the Hong Kong government has also launched a transportation construction plan. In addition to the project from Tsuen Wan to Yuen Long, there is also a road from Brick Mountain through Tate's Cairn to Siu Lek Yuen, connecting Shatin with the main city.
Improve public transport in Sha Tin District.
With the announcement of the government plan, Shatin immediately became a hot spot for investment. You must know that Shatin can quickly enter the city through the Lion Rock Tunnel, and there is also the East Rail Line. You can also quickly reach the city by taking the subway.
Now the government has built two new universities there and is also building a second tunnel from Shatin to the main city, which will undoubtedly make it more convenient for Shatin to enter the main city.
Relying on the support of Cheung Kong, Shun Tak, Hang Lung, Jardine Matheson Land, Swire Properties, etc., which have a lot of land reserves in Shatin, the stock price rose significantly that day.
The response of the Xin Jian Department to this was quite lackluster and they had no intention of entering Shatin. Regardless of Wheelock Land, Hutchison Land or Xin Jian Real Estate, their main focus was still on Tseung Kwan O, Tin Shui Wai, and even land reserves in Tai Po, Sheung Shui/Fanling and other places.
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But this time, Li Jianhui saw a lot of people clearly. No matter what they were like in the previous life, at least in this life, a lot of changes have occurred because of the butterfly effect he brought about.
This time it can be said that the MacLehose government has openly supported several companies. These companies only acquired a large amount of land in Shatin late last month. As a result, so many benefits have been revealed this month. It can be seen that the MacLehose government and even London
The government’s intentions.
On the afternoon of the 3rd, Li Jianhui specially held a high-level meeting of the Xinjian Department to make plans for the new year.
At this meeting, he once again stepped down from some of his positions. In addition to serving as chairman and president of Tesco Group, Wei Li also served as chairman and president of the board of directors of its parent company, Wheelock Group, and Wheelock Land Group.
Su Hongtao also serves as Vice Chairman of the Board of Directors and Executive Vice President of Wheelock Group.
Li Jianhui also resigned from his position as chairman and president of Whampoa Holdings Group. Clay Johnson, chairman of the board of directors of Whampoa Shipping Group, served as chairman and president of the board of directors, and Al Meyers, chairman of the board of directors of Hutchison Real Estate Group, served as deputy chairman of the board of directors of Whampoa Holdings.
Chairman Executive Vice President.
Now Li Jianhui is only the chairman and chief executive of Xinjian Group. He also serves as director and vice president of Xinhui Group, and Guanghua Jianye serves as an independent director.
At the meeting, the first thing Li Jianhui announced this year shocked the senior management present at the meeting. He would actually reduce his holdings in Wheelock Holdings and Whampoa Holdings this year from the current 49.9% to 35%.
The two major holding companies will also gradually reduce their holdings in their subsidiaries, especially Wheelock Land and Hutchison Real Estate, which are expected to reduce their holdings from 67% to 35%.
Fortunately, this was in the meeting room of Wheelock Building, and there were also senior executives from the Xinjian Department here, so the news would not get out, otherwise the stock prices of several major listed companies would probably fall immediately.
Wei Li was the first to be unable to sit still. He said: "Li Sheng, such a huge reduction in holdings will not only have a huge impact on the stock market, but our control over the group will also be greatly weakened. I am very
I’m worried that what happened to Hutchison Whampoa will happen again in several major groups.”
Clay Johnson also said that the huge reduction in holdings is not conducive to the development of the group and internal stability, and hopes that Li Jianhui can carefully consider and reduce the expectations of the reduction plan.
Li Jianhui was just playing with his left hand and his right hand. However, he did not say it clearly to these senior executives. He just told everyone not to worry. Although the stock prices of several major groups will fluctuate due to this, they will not fall too much.
As for control rights, Li Jianhui told everyone not to worry. With the continuous growth of several major groups and the Hong Kong government's regulations on the acquisition of listed companies, under normal circumstances, they will not be acquired by other forces.
The Xin Jian Department is currently completely controlled by Li Jianhui. Seeing that Li Jianhui insists on his own opinion, everyone can only follow Li Jianhui's plan and be prepared to deal with special situations that may arise.
“Our plan for this year is that the real estate company, Xiangjiang, will maintain the development of the current project and continue to reserve land. These lands can be temporarily leased to vegetable planting companies.
Our focus market is on Baodao, and we are well prepared to enter the Japanese real estate market. If possible, we will try our best to cooperate with local Japanese real estate companies to establish joint ventures."
Li Jianhui, who is aware of the general trend, has no plans to continue development except for the existing projects of several major companies. If the Tianshui City project had not been developed as planned every two years, he would not want to do the second phase of the project next year.
These companies are not afraid of taking land for fun, and they have many projects. I hope these people can still laugh in the next two years.
In addition, Huangpu Shipping Group's mission this year is not to expand, but to continue to reduce the number of ships in its hands and invest this part of the funds in terminals and shipyards.
The cold winter for shipping is no joke. In the previous life of Xiangjiang, except for the chartered ship king who landed early, several other shipping kings suffered huge losses, especially Orient Overseas. If Tsar Huo hadn’t given a helping hand in the end, the company would have gone bankrupt.
The family will be destitute as a result.
Among the senior executives attending the meeting today, only a few from Jiayi Group were very happy. Their group's biggest plan this year is to go to the stars and become a satellite TV station, allowing JiaShi to go out of Hong Kong and expand JiaShi's influence.
At this meeting, the finance staff of each major group also reported on last year's financial situation. The leader was still Huihong Group, with a pre-tax profit of HK$1.53 billion.
As for the other major groups, it really doesn’t matter if we don’t mention them. They are all investing. It would be nice not to ask for funds from Xinjian Group. There is no profit at all to the parent company.
Jiayi Group originally had a profit of nearly 50 million last year, but it just built the headquarters building and studio in Tseung Kwan O. The profit was not enough at all, and it was waiting for Li Jianhui to continue to inject capital.
Not to mention Wheelock Land, the construction cost of the four Wheelock Plazas exceeds HK$7 billion, which is simply an astronomical figure. Financing will be carried out again in the near future to ensure the implementation of the construction plan.
The other major groups are not much better, but thanks to Zhou Pengfei's efforts, otherwise Li Jianhui would really not be able to slow down the development of these companies.
There is no profit to distribute dividends to shareholders. The main problem is that companies are expanding too fast and investing too much.
The market value of several major listed companies is not low at all. Currently, none of the four companies has a market value of less than HK$3 billion, and Wheelock Holdings has exceeded the level of HK$6 billion.
Whampoa Holdings has also exceeded 5 billion. It is still far from the peak of Hutchison Whampoa, but it can still be considered glorious again.