"Dear viewers in front of the TV, I am now in the press conference hall of the Ministry of Foreign Affairs in Beijing. According to the latest news we have learned, the two sides have finally reached a consensus after many rounds of negotiations.
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I don’t know if it’s because of Li Jianhui’s butterfly effect that the negotiation time this time was actually shorter than in the previous life.
April 19th is a moment worthy of being recorded in history. After years of negotiations, the results were reached on this day. The return of 1997 was officially decided, and there was no longer any worry that war might come to this international metropolis.
Li Jianhui also understood why the Bryan government hurriedly added a banknote-issuing bank at the end of March. It turned out that the other party had already known that if it did not increase the number at this time, it would not be able to make the decision on its own in the future.
This time, the two sides were quite secretive. Even the Xinjian Political and Economic Research Office did not receive any news. Therefore, the Xinjian Department and even the Donghua Society were not prepared at all.
Not to mention the reaction of the citizens of Xiangjiang, the stock market was benefited by this, the market rose rapidly, and the screen in the hall was full of red.
With the North promising that the economic system would remain unchanged for 50 years, real estate stocks, which had been suffering for a long time, experienced a comprehensive rebound, and bank stocks also benefited from this and rose sharply.
At such a time, Tung Wah Hui Xiangjiang Enterprises held a high-level emergency joint meeting to focus on discussing and planning the development in the following period.
In the 203 conference room on the second floor of Xinjian Building, after the participants gathered together, Li Jianhui first spoke: "I believe you have also received the news. As for some specific contents, I will not go into details one by one.
Today we mainly invite everyone to gather together to discuss the current problems faced by our Tung Wah Association Xiangjiang enterprise and future development issues.
First, let’s talk about the stock market. I would like to ask Mr. Li Fuzhao, Chairman of the Board of Directors of Far East Exchange, to introduce it to you.”
"Everyone, because our Hong Kong dollar has continued to appreciate in the past two years, hot money has also continued to pour into our Hong Kong stock market. This has created a miracle that the market value of many of our companies has doubled several times or even dozens of times in two years.
Now this good news has caused the stock market to grow wildly again, and the stock market bubble has further expanded. What we need to guard against now is the sudden withdrawal of hot money, not to mention reducing the losses of Hong Kong stockholders, at least reducing our own losses as much as possible.
We have had plans in this area before, and the time has come for major companies to raise capital and issue additional shares. I suggest that in the next period of time, we should gradually promote each company to raise capital and issue additional shares. It would be best if a new company goes public.
At the same time, our major companies, especially our major securities investment companies, should not keep holding on to the shares in their hands, but should sell them when the time is right."
After Li Fuzhao finished speaking, the heads of major companies spoke out one after another, hoping that their companies would be ranked first for additional financing.
Especially for real estate companies, according to news, starting from the second half of the year, there will be restrictions on land transfers, and land prices will inevitably skyrocket by then.
In the next two months or so, the Bryan government only had one land auction. I wonder if the Bryan government had anticipated that this time the scale of the land auction was the largest in the history of Hong Kong land auctions.
It includes a total of 136 plots of land in Yuen Long, Tsuen Wan, Islands, Sai Kung, Tai Po, North District, Tuen Mun, Kwun Tong and other districts. The total area is nearly 1,000 hectares, which is more than 14,000 acres when converted into acres.
Perhaps this is nothing to the north, as some universities cover an area of thousands of acres.
But here is Xiangjiang, where every inch of land is precious. Such a huge land auction is definitely the largest in history. It has never happened before and is unlikely to happen in the future.
And according to the latest news, according to the negotiation results between the two parties, the land transfer will not exceed 50 hectares per year in the future, which includes not only residential and commercial land, but also industrial land.
If major real estate companies do not seize this opportunity to hoard land for the last time, it will be even more difficult to obtain land in the future.
If you want to acquire land, you need sufficient funds. Naturally, these real estate companies hope to take advantage of this opportunity to raise additional funds so that they can have enough funds to participate in this land auction, and at the same time, they can avoid excessive corporate debt.
Speaking of which, Tung Wah Club Xiangjiang Real Estate Company, because of Li Jianhui’s reminders and requests in recent years, each has a lot of reserved land, including Xinjian Real Estate, Hutchison Real Estate, Chinese Real Estate, Guanghua Real Estate, Kowloon Real Estate,
The total land reserves in the hands of the six real estate companies of Xinhui Real Estate are no less than the land used for this land auction.
It’s just that people’s hearts are never satisfied. Even if they have enough land reserves, many of which are rented by Xinjian Vegetable Company to grow vegetables, they still hope to show off their skills in this land auction and get as many of these plots as possible.
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At present, the real estate companies with the largest growth in the stock market are those with large land reserves. Among the six major real estate companies, except for Xinjian Real Estate, which is not listed, the market value of the other five companies is not less than HK$50 billion, and Hutchison Real Estate is as high as HK$1,000.
More than 30 billion Hong Kong dollars.
As for Xinjian Real Estate, which has a huge reserve of development land, as long as it is willing to go public, it will definitely have a place in the top three, not to mention ranking first in Xiangjiang.
After waiting for several years, the time has come for Xinjian Real Estate to go public. Taking advantage of this sharp rise in the stock market, Xinjian Real Estate will officially reach the peak of Xiangjiang real estate.
Because the land auction will be held in the middle of next month, real estate companies are at the front of the list for financing additional issuance. Starting next week, three companies will conduct additional financing issuance on the Far East Exchange every week.
Xinhui Real Estate, Guanghua Real Estate, and Kowloon Construction ranked first. In the second week, Chinese Real Estate, Hutchison Real Estate, and Xinjian Real Estate were listed.
Followed by Wheelock Land, Huangpu Shipping, Xinhui Hotel, Bank of East Asia, Donghua Communications, Jade Lion Group, Xinyang Clothing, Wing On Bank, etc.
Li Jianhui and others also attach great importance to land auctions. This is also a confrontation between the Donghua Association and several other forces. This time, the six major real estate companies under the Donghua Association must win at least half of the land.
You must know that the core industries of several major associations in Hong Kong are mainly finance and real estate, and real estate accounts for the largest proportion.
If other parties are blocked on the development land, it will definitely cause a huge blow to these parties, thus weakening the strength of these parties.
"What Jianhui just said is that our relevant companies must prepare as soon as possible, and our major securities investment companies or holding groups must also communicate with each other.
At this time, many of our companies, the Donghua Association, do not need 67% or 65% of their internal control shares. They can be reduced to 51% or even 45%.
Everyone must remember that no matter how high the market value of the stock market is, it is all fictitious. Only when you have cash in your hands can it be real.
The stock market bubble cannot last forever. When the stock market hits a low, we, who have cash in hand, will buy shares at a lower price, allowing our Tung Wah Association to internally control the shares of major listed companies to return to the previous standard."
After Li Guobao finished speaking, Li Chunxue, Feng Jingyao, Guo Zhiquan, etc. also spoke out one after another, putting forward their own opinions and suggestions on the financial and stock markets.
Unlike many shareholders of listed companies in the outside world, Tung Wah Association does not attach much importance to the market value of listed companies. In their hearts, they pay more attention to corporate profits and dividends.