The trees want to be quiet but the wind is not stopping. Some forces just don't want others to be kind. Especially this military parade has made some forces have other ideas.
At first, it was just some gossip, but later some media also joined in, and the main issue was placed on the fifty-hectare limit. At that time, the hearts of nearly seven million citizens were floating.
Against this background, the Xiangjiang Real Estate Chamber of Commerce held a plenary meeting at 3 pm on October 15th. Except for a few members who did not attend due to special reasons, Li Jianhui, Shi Huaiya, Huo Yingdong, Li Zhaoji, etc. all arrived on time.
19 Des Voeux Road Central, Central.
As the president of the Chamber of Commerce, Zhang Guangwen briefly introduced the current development of the Xiangjiang property market, and also briefly mentioned the current public opinion in the market, emphasizing the reason and purpose of convening this meeting.
This meeting was jointly initiated by many members including Huo Yingdong, Wang Wang, Hu Yinxiang, Wang Kuancheng and others.
During this period, property prices are soaring, but land prices are rising even more sharply, and there is not enough land for everyone. That little land has become a staple of large real estate groups. Small and medium-sized real estate companies don't even have to drink soup, let alone meat.
Moreover, the Bryan administration has been accelerating the construction of public housing estates, which has invisibly reduced a large number of home buyers.
On the other hand, Xinjian Real Estate, a subsidiary of the Xinjian Department, is not enough for one Tianshui City. This year, it has developed large-scale developments in Kowloon City, Shatin and Kwai Tsing, and its selling prices are much lower than the market average price of the same quality, which has seriously dragged down the real estate market.
Prices rose overall.
On the one hand, the rapid growth of costs, on the other hand, the lack of demand from home buyers, coupled with the influence of Xinjian Real Estate and Tung Wah Club's real estate, the sales price cannot go up, which makes many small and medium-sized real estate managers full of complaints.
If this continues, many small and medium-sized enterprises will have no choice but to cut their teeth and either choose to close down directly, or they will have no choice but to explore overseas markets.
Therefore, after Zhang Guangwen finished speaking, some members immediately spoke out: "Xiangjiang Real Estate has been developing for decades, and we have encountered crises more than once, such as in 1966, such as 1973, such as 1981, and we finally got through it.
But this time the situation is completely different. If nothing changes, then Xiangjiang Real Estate will only be left with the top large-scale groups in the future, and all our small and medium-sized real estate development companies will go bankrupt, and tens of thousands of citizens will be unemployed as a result.
Not only real estate development companies will be affected by this, but countless companies related to them will go bankrupt and close down, which will inevitably trigger a new round of crisis.
I hope that the Chamber of Commerce can consider the interests of all members and communicate with the upper management to ask them to lift the land transfer restrictions."
Zhang Guangwen had been prepared before the meeting. After the member spoke, he immediately responded: "Everyone knows that our business community in Hong Kong has a consensus, that is, we do not interfere in political governance, and our industrial development can only adapt to local rules.
If your own company cannot adapt, it means that your company has no need to stay in the local market for development.
The original intention of establishing the Heung Kong Real Estate Chamber of Commerce is to provide a communication platform for all of us, reduce disputes between our companies, and promote mutual benefit and win-win results in our industry, instead of kidnapping all members to argue with the government of a country for some personal interests.
its policies.”
It is obvious whether Donghua will take the lead, and to put it mildly, the bankruptcy and closure of these companies will be more beneficial to Donghua. You must know that the top five real estate companies in the Hong Kong stock market are all Donghua.
Subsidiary companies.
Even excluding Wheelock Land, Xinjian Real Estate, Chinese Real Estate, Kowloon Real Estate, Guanghua Real Estate, and Xinhui Real Estate still rank in the top five.
These small and medium-sized real estate managers can only complain. Their influence is not great and they cannot influence the resolutions of the Real Estate Chamber of Commerce.
Moreover, these people are angry about the large-scale development under Tung Wah Club, and the prices of the same quality properties are not only not higher than theirs, but also lower than those developed by them. Even if they have great opinions in their hearts, they dare not speak out.
After all, they know the strength of the Tung Wah Association and understand how influential the Tung Wah Association is. They and their families still have to live and develop in Xiangjiang, which also prevents them from being happy for a while.
But some people inside are not afraid of the Tung Wah Association. As a standing member, Keswick directly said:
“Because the cost of acquiring land is extremely cheap, some of our companies disregard the lives of our numerous real estate companies and attempt to suppress other real estate companies through large-scale development and low prices.
We hope that relevant companies can follow the laws of market development, consider the current development land and construction costs, and avoid bringing the entire real estate industry in Xiangjiang to the end.
At today's meeting, we hope that all members can classify the market into more prosperous levels and set a minimum selling price, so as to safeguard the interests of our major real estate companies."
Not to mention whether the Tung Wah Club agreed or not, the members of the Xianghua Club immediately stood up to object, and the chartering king spoke out:
"It is very undesirable for our chamber of commerce to set a minimum sales price. Although we do not have laws against monopoly here, once we set a minimum sales price, we will in fact have a monopoly on the real estate industry. This is an extremely dangerous move.
Moreover, the strength and influence of all parties are different. If they all sell at the same price, the interests of small and medium-sized real estate companies cannot be protected at all.
Here, I hope that large companies can leave a way for small and medium-sized enterprises to survive, and their sales prices can be no lower than the average market price, allowing small and medium-sized enterprises to occupy the low-end market."
However, the words of the Charter King did not make all parties appreciate it. All parties argued endlessly over the price issue, and each had their own reasons. It was impossible to reach a consensus.
I don’t know whether it was intentional or unintentional, but it gradually became involved in land transfer. This is also the real source of this round of crisis and the core of current public opinion in the market.
Although core members of the major consortiums such as Li Jianhui, Li Zhaoji, Shi Huaiya, Li Chaoren, and Zheng Yutong have not spoken out, ordinary members of the consortium or people close to several major consortiums have been quarreling over this issue, and there are many who use extreme language.
.
"Ahem, please stop for a moment. We are not a vegetable market here. We have a general understanding of everyone's opinions. Today's meeting was also proposed by Huo Sheng, Bao Sheng and others. The main issue is also this. Now we invite Huo Bao
Wait for a few members to express their opinions."
After Zhang Guangwen finished speaking, he handed the stage to Huo Bao and others. Anyway, Donghua Club was not prepared to participate in this matter.
There is enough reserve land, even if no new construction land is available in the next ten years, it will still be enough for their development.
You must know that including the land auctioned in the large-scale auction a few months ago, several major real estate groups in Tung Wah Club have reserved more than one thousand hectares of land here.
If current regulations are used, it will take more than 20 years to transfer fifty hectares every year. This is the reason why Donghua Society can sit firmly on Diaoyutai.