The opening of the Ap Lei Chau Bridge has helped the share prices of Wheelock Land and Jardine Matheson Land surge again.
The area of this road is only 1.35 square kilometers, which is 135 hectares. Several major foreign companies have laid out their land here many years ago. Wheelock Land currently has about 5 hectares of land here, and Hutchison Land has more land here than Wheelock.
It's about eight hectares.
With the opening of the bridge, land prices have soared further. Even if they just sell the land in their hands, they can make twenty times the profit from the land they acquired six years ago.
I think at the beginning, their price was only HK$30 per square foot, but now it has risen to HK$600 per square foot.
And as Kowloon Bus and others open routes here and improve the transportation here, the price will continue to rise.
The stock price of Jardines & Swire, one of the four major foreign banks, also rose due to this benefit, and the stock price of Heung Kong Electric Lighting Company also soared significantly.
At present, the main power plant of Heung Kong Electric is located on Ap Lei Chau. The increase in its land price has also given it a greater market value.
Brian and Xosos attended the opening ceremony in person, as well as business elites such as Nubigian, Swire, Column Standard Chartered, Li Jianhui, Chen Zengxi, Charter King and others.
After the opening ceremony, Brian specially communicated with everyone about the development of Ap Lei Chau. This is the main reason why so many people were invited to attend the opening ceremony today.
For high-quality development, the Xiangjiang Electric Power Plant needs to be relocated. The government plans to relocate it to Lamma Island, where high-end residential and leisure shopping and entertainment areas will be built.
Li Jianhui supported this aspect. He said: "We at Tesco Group are willing to build a Wheelock Plaza here to meet the shopping needs of citizens in the Southern District, Eastern District, Central and Western District and other places.
At the same time, Hutchison Real Estate will build a high-quality sea view villa area here to provide high-quality housing for the citizens of Xiangjiang."
Brian and Xos were very happy about Li Jianhui's statement. As long as Li Jianhui took the lead and supported it, the development of Ap Lei Chau would not be a problem.
"Mr. Li's plan is very good. Our government hopes that Ap Lei Chau can become the back garden of Hong Kong Island. This area is mainly comfortable and high-quality. We hope that everyone will not just plan for a floor area ratio of more than 5 to 8.
Our government specifically stipulates that the floor area ratio must not exceed two, and any project exceeding this requirement will not be approved."
As Jardine Matheson owns a lot of land here, Nubigian also said that Jardine Matheson will build Wellcome Shopping Center and a high-quality luxury residential area here.
With Swire and Standard Chartered also expressing their stance, the main tone regarding the development of Ap Lei Chau has been set.
If Li Jianhui gets so crazy that he asks Xinjian Real Estate to come and build something like Tin Shui Wai or Tseung Kwan O, not to mention that the government will not approve it, he will also become a public enemy of all parties.
Since this area has been positioned as a high-quality residential area, as well as a shopping, entertainment and leisure area, it is impossible to allow dozens of densely populated residential community projects to come in.
In addition to shopping malls and luxury homes, there are mainly golf courses, amusement parks and the like.
Kesos said: "In order to speed up the development of Ap Lei Chau, our government will organize a land auction in the near future, but there are three requirements.
From the date of acquiring land, development must start within two years, and from the date of start of construction, the development plan must be completed within five years.
Projects should be focused on high-quality residences, shopping malls, hotels, entertainment projects, etc., and should not be used to build housing estates or factories."
The reason why the Bryan government made such a request was, firstly, for the sake of government finance. Land sales are the biggest source of revenue for the Bryan government.
The second is to stimulate the economic development of Xiangjiang. This is for Xoxos' own benefit. The more dazzling Xiangjiang's economy is, the greater his chances of being transferred back to London.
At present, the domestic inflation in the UK is quite serious and the internal economic pressure is very high. Xia Dingji has become the deputy director of the British Economic Reform Policy Advisory Committee and also serves as the deputy minister of the British Ministry of Industry.
The reason why he was able to reach this high position was mainly because he once presided over the Administration Department of Xiangjiang and the achievements made in Xiangjiang's economy.
Kesos also hopes to be able to serve as a senior executive in the local department like Xia Dingji.
The third thing is that some news from England has made Kesos feel a little bad. He hopes to sell as much land as possible in the next two years.
And let the business community in Xiangjiang invest more funds in real estate, high-tech industries such as electronics and semiconductors. It is better not to develop large-scale development in Xiangjiang for the time being.
This is a typical attempt to lay a trap for the future, allowing the business community in Hong Kong to enter more into the real estate, service, and financial industries. Once there is industrial hollowing out in Hong Kong and there are no large manufacturing companies, once a large-scale financial crisis occurs in the future, the economy will inevitably
been severely impacted.
Especially for the Donghua Consortium, this group does not follow common sense at all. When everyone is focusing on real estate, finance and even hotels, the Donghua Consortium has entered into electronic semiconductors, home appliances, clothing, shipbuilding, and steel on a large scale.
, condiment and other manufacturing industries.
This is indeed good for the future. If it were in England, Brian and Xos would definitely strongly support the development of Donghua Consortium.
It's a pity that this is not England, and the news coming from the mainland is not ideal regarding the Hong Kong issue.
This has caused them to change some strategies. They previously fully liberalized some industries in order to strengthen the strength of these consortiums and allow them to have their own media and make their own voices heard.
At the same time, we should try our best to guide the funds of several major consortiums to invest in the real estate industry, and channel all these family funds into real estate.
Although the people present wanted to develop it slowly, it was a pity that their arms could not twist their thighs. In addition, Li Jianhui, Nubigian, and Shihuaiya, who owned a large amount of land, had already agreed. They could only agree with Kesos.
Require.
“Thank you very much for your understanding of the government’s decision. I believe that with your support, Ap Lei Chau will become the largest wealthy area in Hong Kong in the future.
I believe everyone knows the difference between Ap Lei Chau and the New Territories, and we are confident that the economic policies of Kowloon, Hong Kong Island, Ap Lei Chau, and Lamma Island can be maintained for a long time."
Brian still did not give up on tying these people to their chariots as much as possible, and would mention the economic system and the interests of major families in every public appearance.
Separation based on ideology forces these people to favor them for the benefit of themselves and their families.
On the way back, Li Guobao was in the same car with Li Jianhui and asked Li Jianhui what he thought of the recent changes in the Bryan administration.
Li Jianhui said with a smile: "I'm afraid you have guessed it, otherwise Brian would not have mentioned the difference between the New Territories and Ap Lei Chau today. It seems that secretly the communication between the two parties was not smooth.
We don’t need to pay too much attention to this matter. We should do whatever we have to do. The sky will not fall. Even if we change sides, it will not affect our development. I believe that the economic system here will not change."