Legend of Xiangjiang Tycoon
Chapter 417: Praying mantis catching cicada
The delisting of the joint construction and delisting made Lixin Group's mouth full of oil, but Lin Baixin still did not give up to move on. After all, for everyone, who would set off a lot of assets in his hands?
When Lin Jianyue Lixin Group took over the co-construction real estate, Lin Baixin did not sit idle, but attacked everywhere, using the remaining 500 million Hong Kong dollars in cash to win many properties and several plots of land in Hong Kong Island and Kowloon. It also marks that Lai Sun Group has shifted from a group mainly engaged in the operation of industrial buildings to a real estate company mainly engaged in the development of residential land, commercial land and properties.
Of course, these land and properties were not auctioned off at the Governor's Mansion, but Lin Baixin took them in the name of helping some friends.
After all, no one is Lin Baixin and Li Jiacheng, who have such a vision to eat a lot in this crisis.
When the Hong Kong stock market crashed, some real estate companies still felt they could resist. In addition, banks did not rush to urge loans and still had some liquid funds, so they did not collapse as quickly as co-built real estate.
But when the time gets longer and longer, the entire Hong Kong financial community believes that this incident will not simply end, especially the recent deterioration of the situation, which is very shocking in the financial community.
Once the Yankee came over, the real estate sector was the smallest and rapidly shrinking one, and the bank couldn't sit still.
The major banks in Hong Kong have sent debt collection teams to various real estate companies, including the Land Group.
However, the matter of the Land Group is not small, so I won't go into details at this time.
This wave of actions instantly caused all real estate companies into a wailing.
Repaying these banks with land and properties is not worthy of other banks. After all, the low-cost housing prices in Hong Kong at this time have fallen to the freezing point.
In fact, many real estate companies can't. After all, in the face of these real estate giants, Hong Kong's real estate industry still has a lot to do.
They can be discontinued, and at least a huge loan is enough to crush them.
Therefore, these people can only find some friends, hoping to borrow money once to tide over the difficulties.
And Lin Baixin, a Chaoshan tycoon, was naturally patronized by everyone.
At this time, Lin Baixin showed her fangs and wanted to borrow funds, yes, but what would you use as a mortgage?
These people only have land property in their hands, but at this time this thing is not worth at all, so it has no value at all.
At this time, Lin Baixin made a suggestion. It is better to sell the XX property in your hand to me. I will give you some funds to tide over the difficulties, and I will consider investing as a try.
The selling price here is not what it was when the stock and property market did not collapse. The price is very pitiful.
But there is no way. Everyone knows Lin Baixin's purpose, but he can only agree.
For these borrowers, at least they would sell it to Lin Baixin. They still have some assets, but once the company goes bankrupt, they will have nothing.
So even if Lin Baixin's food is too ugly, these people can only cut meat and feed tigers.
In this way, Lin Baixin spent 1 billion Hong Kong dollars to obtain land properties worth at least 5 billion Hong Kong dollars. Once this lot of land is built, the market value of Lai Sun Group will definitely exceed 20 billion Hong Kong dollars, and the market value has directly increased by more than ten times. .
Of course, Li Zhiwen is not looking for anyone here, but there are not so many people.
After all, Li Zhiwen's rise time is short, and there are not so many friends. Naturally, there are many fewer people looking for Li Zhiwen to borrow.
But it doesn't mean there is no, the most typical person is Luo Yingshi from Yingjun Real Estate.
Luo Yingshi visited Li Zhiwen several times before seeing him.
Luo Yingshi's idea was very simple. He asked Li Zhiwen to borrow 200 million Hong Kong dollars with a piece of land on Hong Kong Island.
Li Zhiwen is not stupid, not to mention that this piece of land on Hong Kong Island is not worth 200 million Hong Kong dollars.
The key point is that Li Zhiwen is not only interested in the land, but the entire company of Urban Garden Real Estate.
I'm going to talk about it here. The City Garden Real Estate Company has more than just the land in its hands, and there is also a large-scale construction team. This team was established by Luo Yingshi with painstaking efforts.
Li Zhiwen is definitely going to do real estate business, but no matter how he owns the land, he must establish his own construction company.
Just like Cheung Kong Holdings has a company called Cheung Kong Infrastructure, this team will shine afterwards.
Although Li Zhiwen has a goal to seize the Golden Gate building under the Land Group.
However, there is still no action at this time, so it is okay to take 100% of the shares of the City Garden Real Estate Company before then.
Therefore, Li Zhiwen did not talk to Luo Yingshi, but directly and plainly told Luo Yingshi that he would buy 50% of the shares in the city garden real estate company from Luo Yingshi at a price of 400 million Hong Kong dollars.
As soon as this condition was put forward, it was rejected by Luo Yingshi.
In Luo Yingshi's words, at the beginning of the establishment of the City Garden Real Estate Company, the two parties jointly invested nearly 500 million Hong Kong dollars and bought shares in the land.
Not to mention this, at the beginning of August, the market value of City Garden Real Estate Company was nearly 2.5 billion Hong Kong dollars.
And Li Zhiwen wanted to take 50% of the shares with only 400 million Hong Kong dollars. How could it be ~www.readwn.com~ Li Zhiwen doesn't matter, anyway, it is not Li Zhiwen himself who is in a difficult period at this time.
However, Li Zhiwen gave Luo Yingshi the facts, the condition is this condition, let Luo Yingshi consider it himself.
If Luo Yingshi agrees, the funds can be in place immediately.
However, if Luo Yingshi disagrees, then it will be more than the City Garden Real Estate Company. On the contrary, even the Great Eagle Real Estate, which he has built up by his own struggle, may change ownership. Everyone can hear the threat.
This was bad for Luo Yingshi, but Luo Yingshi couldn't show it either. After all, this was Luo Yingshi's search for so long, and the only one who might get working capital.
However, Luo Yingshi did not directly make up his mind. After all, for such a big industry, once he made up his mind, the city garden real estate business would fail, and the loss was not calculated in units of 100 million.
And Li Zhiwen doesn't matter, anyway, Li Zhiwen knows that the next incident will not end in a while.
Another Hong Kong person with a large amount of liquidity is Li Jiacheng of Hutchison Whampoa.
After all, anyone with a discerning eye can see that before the stock market collapsed, Li Jiacheng had sold a lot of Hutchison Whampoa stocks, and he must have a lot of liquidity in his hand.
So many people come to Li Jiacheng for help, but Li Jiacheng, like Lin Baixin, paid a lot for this opportunity, and of course he wanted that thing to compensate.
It's just that Li Jiacheng is much better than Lin Baixin, leaving behind a back hand, leaving 200 million Hong Kong dollars in working capital for emergencies.
However, for Li Zhiwen, what can be done with 200 million Hong Kong dollars of liquidity, since it has to be done, it must be big.
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