Through the wealth life

Chapter 316 Subway station business development right

Chapter 316 Subway station business development right

On the morning of January 1, Li Guangyu had a good show with Guo Qingya, Gan Qin, and Zhao Yu at the Financial Secretary's auction.

Due to the influence of Li Guangyu, not only Li Guangyu himself did not make a sale this time, but even several real estate groups including Stanley Ho, Li Ka-shing, Li Zhaoji and Guo Desheng did not make a sale at this auction.

Instead, Chen Zengxi, Hu Yingxiang, Lin Baixin, and Zheng Yutong competed fiercely with Jardine, Swire, and Wheelock.As for Bao Yugang, on the one hand, Wharf hadn't straightened it out yet, and on the other hand, seeing that none of Li Guangyu, Guo Desheng and others made a move, he gave up this fight.

After the auction ended, Chen Zengxi, chairman of Hang Lung Group, came to Li Guangyu's side and invited Li Guangyu to attend his luncheon at the Peninsula Hotel at noon.

Chen Zengxi's Hang Lung Group, Cheung Kong, Sun Hung Kai Properties, Hopewell Holdings and Dachang Properties are collectively known as the Five Tigers of Huazi Real Estate. Even Lee Shau Kee's Shau Kee Group and Zheng Yutong's New World Properties are just juniors.Even now, Hang Lung is still firmly seated in the top five of China-owned real estate.The Wharf acquired by Cheung Kong, Sun Hung Kai and Pao Yukang, as well as Li Guangyu's Starlight Real Estate Group can overwhelm him.

Especially last year, with Cheung Kong, Shau Kee, New World and Jardine Land, they built a property on the Mongkok MTR, and made a profit of 4.6 million Hong Kong dollars in two years, of which Hang Lung Group, as the largest shareholder, made a profit of 1.6 million Hong Kong dollars.Li Guangyu knew that Hang Lung Group had acquired Taohua Datong Company and was planning to develop real estate there.

When Li Guangyu arrived here, he saw that several bigwigs had already arrived in the private room, including Bao Yugang, Li Ka-shing, Li Zhaoji, Guo Desheng, Zheng Yutong and others. Li Guangyu even saw the famous playboy Zhao Shizeng coming. here.

Li Guangyu didn't quite know what Chen Zengxi was planning to do by inviting so many bigwigs here. It seemed that his stance was no small feat.

It is estimated that everyone has arrived, so Chen Zengxi ordered the hotel staff to start serving dishes.

Chen Zengxi said: "I would like to invite you to come here today to discuss a major matter with you. You also know that in 79, we, Hang Lung Group, cooperated with Cazenove, Shau Kee, and Yutong to win the Mong Kok subway station. Covering property development rights, all development was completed last year, and good profits have been made.”

Li Ka-shing said: "Zeng Xi, thanks to the hard work of your Hang Lung Group, we can benefit from you."

Chen Zengxi said with a smile: "You deserve it. If it weren't for your support, I wouldn't be able to win the property development right above the Mong Kok subway station."

Chen Zengxi's confidence is also high now. Last year's profit made the market value of Hang Lung Group rise sharply. Now Hang Lung Group is not far behind the market value of Sun Hung Kai Properties Group. As long as his plan can be successful this time, he believes that the strength of his group will be If it surpasses Sun Hung Kai Properties, it is expected to compete with Cheung Kong and compete for the second position of Huazi Real Estate.

As for the number one position, Chen Zengxi never thought about it. Starlight Real Estate Group doesn't even need to calculate the market value. The properties of the Li Group owned by Starlight Group alone far exceed the total market value of Hang Lung Group.

After the waiter left after the dishes were prepared, Chen Zengxi said to everyone: "I hope to cooperate with you this time, and get the property development rights on the nine subway stations on the new Xiangjiang subway line. I don't know if you are interested. You have also seen Oh, yes, the real estate industry in Xiangjiang is still booming, and this time, the British consortium headed by the Jardine Matheson Group also wants to obtain the development rights of the properties above these subway stations."

Li Guangyu didn't expect Chen Zengxi to have such great ambitions. He wanted to form a team with a Chinese-funded real estate group to compete with a British-funded consortium. He wanted to grab the property development rights of the newly built nine subway stations. Li Guangyu really admired his courage. It's just that I'm afraid it's the wrong time.

Although they made a fortune last time by cooperating with Hang Lung Group, this time Li Ka-shing and Li Zhaoji did not immediately agree to it. They knew that Li Guangyu was not very optimistic about the development of Hong Kong's real estate market in the next few years, so they had better be cautious. The plan requires a lot of funds, once the group funds are included in it.It is very unfavorable to the development of the group.

Zheng Yutong, who had cooperated with Chen Zengxi before, is very confident. He made a fortune with Hang Lung Group last time, and he is also very optimistic about this development model.

After Chen Zengxi finished speaking, Zheng Yutong immediately replied: "Zeng Xi, there is no problem, we can still adopt the previous cooperation method and form a group to jointly win the property development rights in these places, and these British consortiums cannot be cheap. "

After Zheng Yutong finished speaking, Zhao Shizeng, chairman of Huaguang Real Estate Group, said: "We Huaguang Real Estate Group is also willing to join in and cooperate with everyone to develop these properties."

Zhao Shizeng was very aware of the profits Chen Zengxi and the others made at the Mong Kok subway station. This time Chen Zengxi could invite him to participate, so naturally he couldn't let go of this opportunity.

What Chen Zengxi hoped most was to hear the news that Li Guangyu and the others had joined in. With the participation of Li Guangyu and the others, the matter would be completely stable this time.Moreover, with the joining of the Li Group, there is a lot of convenience in the development of these places.For example, in transportation, the Kowloon Bus Company of the Lee Group is a powerful weapon.

Unfortunately, to Chen Zengxi's disappointment, none of the people working on Li Guangyu's side made a sound, and just quietly listened to the other people's narration.

Chen Zengxi asked Li Ka-shing: "Ka-shing, do you plan to participate in this time?"

Li Ka-shing is currently busy dealing with matters related to Hutchison Whampoa, and at the same time set up the Cheung Kong Group's Japanese branch. Moreover, Li Guangyu is clearly not optimistic about the development of the Hong Kong real estate industry, so he is not willing to join such a huge plan at this time. go.

Li Ka-shing said: "Zeng Xi, you also know the situation of my group. After we acquired Hutchison Whampoa, the group's funds were relatively short, and now it has a plan to enter the Japanese market. For the time being, there is no extra financial resources to join this plan. "

After hearing Li Ka-shing's refusal, Chen Zengxi was a little disappointed, and then asked Li Zhaoji and Guo Desheng respectively, but they were rejected by the two on the grounds of entering the Japanese market.

Chen Zengxi knew that this must have something to do with Li Guangyu. Most likely, the Li Group was not very optimistic about the development of Hong Kong's real estate industry in the next few years, so all the companies related to him went to Japan to develop the market. It seemed that Li Guangyu was very determined. The market in Japan will be better than Xiangjiang Insurance.

Chen Zengxi didn't ask Li Guangyu and Ho Hongshen. He knew that if he asked, he would get the same answer. These people probably won't focus on developing the Hong Kong real estate industry in recent years.

Chen Zengxi immediately turned to Bao Yugang and asked, "Yugang, where are you at Wharf? Are you interested in joining us and developing these properties with us?"

Seeing that Li Guangyu and the real estate groups related to him have avoided Xiangjiang and entered the Japanese development market, the charter king was also a little hesitant. Regarding the current real estate market in Xiangjiang, he did not see any danger, but with Li Guangyu these few days The outstanding vision of the past few years also reminded that the crisis of Xiangjiang Real Estate is coming.

The Chartered Ship King replied: "Zeng Xi, let me go back and discuss with the higher-ups, and I'll give you an answer, how about it?"

Chen Zengxi replied: "Yugang, there is no problem, I am waiting for your good news."

……

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like