The Wealth Empire Crossing the Hong Kong

Chapter 666
Following the auction of lots of land, the last piece of land has come in a blink of an eye. It is located in Repulse Bay, with an area of ​​2643268 square feet, and the starting price is one billion Hong Kong dollars.

This piece of land is a real money contest. Representatives of many small and medium-sized real estate companies have become spectators, mainly looking at the contest between Donghua, Xinhong, Far East, Xinya, Nanjiang, and Nanyang consortiums.

Although the starting price of one billion Hong Kong dollars sounds a lot, it is far from the price of this land. Li Huidong, the president of Hutchison Land, opened his mouth to bid three billion Hong Kong dollars, which directly broke the unit price of one thousand Hong Kong dollars per square foot.

But for this last piece of land, all parties were obviously unwilling to give it up easily. Li Zhaoji immediately offered 31 billion Hong Kong dollars after Li Huidong had just finished bidding.

Jardine Keswick, at the helm of Jardines, was not a spectator, and directly quoted 35 billion Hong Kong dollars, hoping to scare away Sun Hung Club and Nanjiang Club.

All parties in this soil auction have also seen that the Donghua Association is not too willing to auction the land, and has no intention of eating alone. It is just sniping at Nanjiang Association and Xinhong Association. If the price is inflated, will Donghua make a move?

Although the area of ​​this land is large enough and it is located in Repulse Bay, it is not very important to the Tung Wah Club. The urban area is not on Hong Kong Island.

The luxury residential area of ​​Tung Wah Club is in King Wah Village, and the headquarters building is on Tung Wah Road. There is no demand for a development project in Repulse Bay.

It's a pity that this price is still far from the bottom line of all parties, and no one chooses to withdraw. With repeated quotations, the price quickly reached [-] billion Hong Kong dollars, and the price per square foot of this land broke through [-] Hong Kong dollars .

Five billion Hong Kong dollars is already a huge amount. If it weren't for the support of several consortiums behind the companies participating in the quotation, few would dare to quote such a price.

Seeing that the scene fell into silence for a while, Li Jianhui immediately gave a few instructions to Li Huidong who was beside him.

After Li Zhaoji quoted a price of 51 billion Hong Kong dollars, Li Huidong directly quoted a price of 60 billion Hong Kong dollars, hoping to make a final decision at this price.

As the host of the auction, the Director of the Land Planning Department, Kleder was extremely excited. The largest single land auction transaction in the history of Xiangjiang was born in his own hands.

Moreover, he believes that this record will be difficult to break in a short period of time, and this auction will definitely be recorded in the history of Hong Kong's real estate industry.

Seeing that all parties did not follow up, he said loudly: "This is the best piece of land in our auction this time, and the area has reached more than two million square feet. With such a large area, Hutchison Land is bidding 60 billion Hong Kong dollars, is there any price increase?"

After waiting for half a minute, seeing that no one raised a placard to speak out, Kleder said, "60 billion for the first time.

……

60 billion for the second time.

......"

When Kleder was about to call out 60 billion for the third time, Li Zhaoji quoted 61 billion Hong Kong dollars on behalf of Henderson Land.

In this auction, Donghuahui and Xinhonghui were clearly on the same page. Li Zhaoji didn't want Donghuahui to take the land easily.

Li Huidong, who had Li Jianhui's orders, would not be so inkling. Li Zhaoji had just quoted 61 billion Hong Kong dollars, and immediately quoted a sky-high price of 70 billion Hong Kong dollars.

I don't know how many people in the room secretly scolded the Xinjian Department as a big dog, as if a few hundred million is just a little rain for the Xinjian Department.

Seven billion Hong Kong dollars, just for a land of more than [-] hectares, is unimaginable in this era.

Thinking back a few years ago, the Xinjian Group acquired hundreds of hectares of land in Tseung Kwan O for only tens of millions of Hong Kong dollars, and the Phoenix Group acquired hundreds of hectares of land in the North District for more than one billion Hong Kong dollars.

Neither the Far East Club represented Keswick, Chairman of Jardine Land, New Asia Club represented Zheng Yutong, Chairman of New World Land, or Nanyang Club represented Hong Leong Group Chairman Guo Fangfeng.

The core members of Nanjiang Club and Sun Hung Club also disagreed on whether to make an offer. They also believed that the land was not worth buying at a cost of HK$[-] billion.

To put it bluntly, if the seven billion Hong Kong dollars are used to invest in other places, the profit will far exceed that of the investment here.

In fact, at the time of 60 billion Hong Kong dollars, Li Zhaoji didn't want to continue to follow, just for the face of the two companies, and at the same time hoped to consume as much Tung Wah Club funds as possible, so he reported 61 billion Hong Kong dollars.

But now he didn't dare to increase the price. She was worried that once she reported it, Donghua would choose to give up, and their funds would be trapped in it.

They are not the Donghua Society, and they have no plans to spend huge sums of money to acquire land, and then use a large amount of reserved land to grow vegetables.

After secret discussions, Li Zhaoji finally reached a consensus with Guo Desheng and Feng Jingxi that Sun Hung Club would not continue with this piece of land. If Nanjiang Club wanted to participate, they could make their own bids. If they won the land, the subsequent investment and development would have nothing to do with Sun Hung Club.

Seeing that Kleder was about to announce 70 billion for the third time, Li Chaoren offered 71 billion Hong Kong dollars on behalf of Changshi.

Li Huidong is bound to win, so he doesn't give everyone more thought about why Nanjiang will pop up at this time, and directly quote 80 billion Hong Kong dollars.

At this time, these people present were unable to complain about the inhumanity of Xin Jianxihao. They were more concerned about whether Xinhonghui and Nanjianghui would dare to continue to follow.

Because Xinhonghui had given up, it was still calm on Xinhonghui's side, but Nanjianghui's side communicated secretly.

The sky-high price of 80 billion has pushed the unit price per square foot to 3026 Hong Kong dollars, which is also the highest record in Hong Kong's history, and even the current price in Central cannot compare with it.

Although Li Chaoren wants to bet that he will increase the price and that the Xinjian Department will continue to increase the price, he dare not take that risk. Once he quotes 81 billion Hong Kong dollars and the Xinjian Department does not follow, then the money will be put in it. will have a huge impact.

……

That night, major TV stations made a lot of reports on the auction in the afternoon, especially the auction of the last piece of land. Hutchison Land's acquisition of the land for 80 billion Hong Kong dollars also shocked the attention of countless citizens.

As for whether there will be problems with Hutchison Real Estate's capital chain because of this land auction, the outside world is not too worried about this.

Not long ago, Hutchison Land obtained nearly 1 billion Hong Kong dollars in additional financing in the stock market, which was only the land purchase funds for the three lands of No. 125, No. 136, and No. [-]. There was no problem at all.

Compared with Hutchison Real Estate, which was in the limelight at the beginning and the end, Xinjian Real Estate is the king of this land auction, with 21 land acquisitions, with a total purchase capital of more than [-] billion Hong Kong dollars and an area of ​​nearly [-] hectares.

This time, Hutchison Real Estate is more about earning fame, and the actual benefits they get are not much, and they are not even comparable to allies such as Huaren Real Estate and Guanghua Jianye.

The Bryan government is the happiest. This land auction can be said to be a great success, and the land transfer fee has exceeded [-] billion Hong Kong dollars.

Whether it is a new airport project, or a few subway lines, as well as the reconstruction and expansion of several urban roads, there is sufficient financial support.

At the same time, several major commercial consortiums spent a lot of money on real estate, weakening the investment and development of these forces in high-tech industries and manufacturing.

Whether it is Li Jianhui, who is a genius in heaven, or Li Chaoren, who has been in the mall for a long time, they all fell into the pond prepared by the Bryan government.

Brian would like to see several forces rely on finance and real estate as their pillars, but he does not want to see these forces vigorously develop high-tech industries and manufacturing.

(End of this chapter)