The Wealth Empire Crossing the Hong Kong

Chapter 134 Land Auction
With this round of rapid development, the two major industries in Heung Kong that attract the most attention are finance and real estate, and land auctions are the most concerned about real estate.

At [-]:[-] p.m. on the day of He Bin's visit, Li Jianhui attended the land auction held by the Xiangjiang Land Planning Department on behalf of Xinjian Real Estate.

In addition, Su Hongtao represented Wheelock Land Group, and Clay Johnson represented Hutchison Whampoa also attended.

Zhang Guangwen, chairman of the board of directors of Guanghua Jianye, Li Guobao, chairman of the board of directors of China Land, Lei Juekun, chairman of the board of directors of Jiulong Jianye, and these few people who have a good relationship with Li Jianhui also came to the venue.

"Jianhui, you have a huge scale here, do you have any goals today?"

"Uncle Lei, it's not that you don't know my situation, Xinjian Group is now fully committed to the Tianshui City project, and there is no extra funds to open new projects.

As for the Wheelock Group, the current Wheelock Plaza project in Haojiang New City is also a bottomless pit, and there is no extra funds to compete with these big guys.

Not to mention Hutchison Whampoa, there is not much funds in the account, and now the retail industry cannot provide blood for the group. It is not easy to be able to develop the current project well, and there is no capital to acquire land for the time being. "

Li Guobao on the side said with a smile: "Jianhui, you came to participate in the auction today from the three major groups, wouldn't you just sit on the spot and watch the show.

I am sorry for the names of the big groups, especially Wheelock and Hutchison Whampoa. The two big groups have never returned empty-handed in every auction for decades. "

A few people talked and laughed, but their group put great pressure on other small groups.

Li Jianhui himself knows how poor he has been made by the Tianshui City project during this period, but what the outside world sees is his great strength.

Today Li Jianhui was present in person again, and the three major groups joined the battle. They didn't know whether the goal they had set their minds on could be easily accomplished.

This time, on the contrary, Niu Bijian and York Shihuaiya, who had always been at odds with Li Jianhui, looked quite relaxed, and they were not worried at all because of Li Jianhui's strong strength.

In their view, Li Jianhui is a paper tiger. He looks powerful, but his pockets are limited, and he doesn't have much money to participate in today's auction.

With the official start of the auction, the competition for each piece of land was very fierce, and Li Jianhui had no chance to pick up some bargains.

I don't know if it is because the government is determined to increase the development of the new town in Tseung Kwan O. The amount of land in the Tseung Kwan O area auctioned today is very large.

The most lively thing was the auction of the property development right on the Hung Hom to Tseung Kwan O subway station, using the existing line and the line under construction, this time the real new line from Kwun Tong to Tseung Kwan O.

Utilize the existing construction stations in Kwun Tong to build new Lam Tin Station, Yau Tong Station, Tiu Keng Leng Station, Fai Hung Industrial Park, Tseung Kwan O Station, Hong Kong Polytechnic University Station, and Po Lam Station.

Li Jianhui has no plans to enter the venue, but Guanghua Jianye has set his sights on Tiujingling Station. Li Jianhui, the developer of this subway station in Tiujingling, will not let outsiders take it.

As for other sites, Li Jianhui and his group will not participate, and let other companies compete.

Starting from Lam Tin Station, the competition for the top ten companies in Heung Kong is very fierce, such as Hang Lung Group, Cheung Kong Group, New World Development, Sun Hung Kai, etc.

Prices are also gradually rising, especially Hang Lung Group and Cheung Kong Group, which seem to have quite sufficient funds in their hands. After winning a site, Ren Jiu was not satisfied and continued to compete for the next site.

This time, not only Li Jianhui, who owns the three major real estate companies, seemed relatively quiet, Jardine and Swire also did not make much moves, as if the former four major foreign companies had become spectators, and the auction had become a battle within Heung Kong Huazi.

In the competition for property development rights at Tseung Kwan O Station, none of the five major groups including Sun Hung Kai Properties, Cheung Kong, Hang Lung, Wharf, and Shun Tak seemed willing to give in. This created the most intense competition for land auctions since the 60s.

In the past, land auctions were basically a competition between a Chinese-funded real estate company and a British-funded real estate company. It was rare for more than three companies to compete for a piece of land at the same time.

None of these five companies is simple. Wharf stands behind the charter king of the Chinese business leaders in Xiangjiang, and behind Sun Hung Kai Properties is the three swordsmen Guo Desheng, Li Zhaoji, and Feng Jingxi.

Behind Shun Tak Group is the He family, one of the four major families in Xiangjiang, and behind Cheung Kong is Li Chaoren. Before Li Jianhui's five-package ship king entered the real estate industry, Hang Lung Group had been competing with Sun Hung Kai Properties for the number one position in Xiangjiang Huazi Real Estate .

Each company has a strong strength, and the Tseung Kwan O Station is located in the center of the Tseung Kwan O new town planned by the government, with broad prospects, and several companies do not want to lose such an opportunity easily.

As the price was raised again and again, the price continued to break through new highs. If there is no accident, the highest price in today's auction will be written on it.

As the price broke through the bottom line of several companies, Hang Lung, Wharf and even Sun Hung Kai Properties all gave up one after another. In the end, Shun Tak won the project at a price five million more than Cheung Kong.

This time, Zhang Guangwen felt the least pressure. Due to various reasons, few companies at the Tiaojingling Station were willing to participate. Guanghua Jianye Company easily won the development property right of this site.

Although Kowloon Jianye and Chinese Real Estate did not win the property development right on the subway station, they still had some gains, which allowed the company to add a few commercial lands in the Tseung Kwan O area.

At the end of the auction, Jardine and Niu Bijian walked together with Li Jianhui and others whether it was intentional or unintentional.

And said with a smile: "Mr. Li Jianhui, today I am going to watch you show off your skills. I did not expect that the process will disappoint me. I am afraid that the reputation of Wheelock and Hutchison Whampoa will not be preserved."

"I am very clear about the future of Wheelock and Hutchison Whampoa, but the future of Jardine is hard to say. I just don't know how many days Taipan Wang can stay in Jardine. I have heard that the Keswick family and the Jardine family More and more dissatisfied with the status quo of Jardine development."

In the face of Li Jianhui's retort, Niu Bijian was not angry. In his opinion, Li Jianhui was a stubborn duck, and the current capital chain of the Xinjian Department was probably quite tight.

After Li Jianhui Xinjian Bank opened, he would teach Li Jianhui an unforgettable lesson and even collapse the entire Xinjian Department.

As for Jardine's internal affairs, Niu Bijian is not worried about it at the moment. Regardless of the joy of the younger generation of the two families, as long as the two helmsmen still support him, his position in Jardine will not be shaken.

As long as the Xin Jian department is suppressed, all the doubts he is facing now will disappear completely.

And now they have changed their strategy. Before, they had a clear separation from Huazi, but now Jardine and Swire are cooperating with some Chinese-owned enterprises to make Huazi families fight each other, while they stand behind and reap the benefits of the fisherman.

　A new book by a friend, Xian Xia, is currently being ranked, and the quality is not bad. Interested book lovers can read it.

　　
　
(End of this chapter)