Reborn in Hong Kong: The Tycoon Grows Up

Vol 2 Chapter 518: Banquet Six at The Peninsula Hotel

Li Zhaoji told Bao Zixuan that every word of his name was worth 10 billion Hong Kong dollars. It turned out to be a bet that he didn't dare to use his reputation to make money, but this kid really did not dare to see it.

Just when the three were chatting happily, Li Chaoren, Guo Desheng and Zheng Tong also joined in. Seeing this situation, Bao Zixuan thought to himself that the five tigers of Xiangjiang Real Estate have all arrived. They must be talking about real estate matters, and they can't talk to each other! The most important thing is that I have nothing to say when I see Zheng Yutong. The two of them were not very happy when they first met.

Li Chaoren has a very high EQ. Of course, he knew that Shaqiantong and Bao Zixuan were a little bit incompatible, so he took the lead and said: I said, why didn't I see you guys, so I was hiding here!

At this time, among the five tigers of Heung Kong Real Estate, Hu Yingxiang of Hopewell Industrial was the strongest, followed by Li Chaoren. However, after Li Chaoren and Wheelock sold the Federal and International buildings in Central, there is still a tendency to become the No. 1 Chinese real estate developer in Hong Kong.

In 1980, Wheelock's Federal Real Estate and Li Ka-shing's Cheung Kong Industrial Co., Ltd. formed Zhuojian Investment Co., Ltd., each holding a 50% stake; Zhuojian first purchased Wheelock's Union Building and International Building for 1 billion yuan, and first received 500 million in cash , Li Ka-shing then used Zhuojian to sell the two buildings for 2.235 billion yuan, and then let Wheelock cash out 1.1 billion yuan, and Li Ka-shing also shared 1.1 billion yuan, after deducting the 500 million yuan originally paid to Wheelock, just a few months. Earned 600 million yuan.

It can be said that after Li Chaoren's wave of operations, people have seen his karate strength. It can be said that such a person seems to be born to do business and will not starve to death anywhere.

However, in 1982, the life of real estate developers began to be difficult. With the outbreak of the second global oil crisis, the world economy fell into economic recession around 1981-1982, and trade protectionism rose. The economy is under heavy pressure. Even Bao Zixuan feels that this year's business is more difficult to do. Fortunately, he is mainly engaged in the high-tech industry, and the impact is not particularly large. This is also the reason why Heiyun must enter the field of military industry this year; it is also leaving an extra path for the future. At this time, during the Cold War, even poor countries had to develop their armaments to deal with possible crises.

The combination of economic development and political factors finally led to the collapse of the real estate market in 1981. At the same time, it was accompanied by a second bank run and bankruptcy and a bear market in the stock market.

But what the real estate developers don't know is that the crisis has just begun, and the iron lady has to go to Huaxia Kyoto, and the days in the next few years will be even more difficult.

In 1982, Mrs. Thatcher, the Iron Lady, visited Kyoto, and it was reported that there were huge differences between China and the UK on the future of Hong Kong. As a result, confidence in the housing market and the stock market eventually collapsed. In 1982, land prices in Hong Kong generally fell by 40% to 60%. The biggest declines were in industrial land and high-end residential.

Some high-end residential land prices on South Bay Road also fell by 60 per cent. The proportion of land sales revenue to the total fiscal revenue of the Hong Kong government has dropped from 35% to 15% in 1983. At the same time that low prices plummeted, house prices also began to fall sharply. Residential prices generally fell by 30% to 40%. For example, the housing price in North Point dropped from 10,000 yuan/square meter to 6,640 yuan/square meter.

The adventurous real estate company suffered disaster. Hang Lung Properties, Great Eagle Group, Carnival Properties, and the established leading Landmark companies have all encountered difficulties, and companies such as Carrian Land have gone bankrupt. What followed was a new round of crisis in the banking industry.

In 1982, the closure of the century-old Xie Liyuan Gold Shop was the trigger for the entire crisis. Then there was a run on Hang Lung Bank, which had business dealings with it, and it was on the verge of bankruptcy in just a few months. The long-established Chinese bank was caught off guard by investing too much money in real estate.

It can be said that the life of several major real estate developers is not easy at this time, although Bao Zixuan knows the historical development. Knowing that these people can survive the crisis, the funds are ready this time, everyone is competitive, especially Li Chaoren still has a piece of land in Tianshuiwei, Heiyun must get the land from him if he wants to monopolize Tianshuiwei. Li Chaoren has a headache when negotiating, and he can say that he is not an opponent at all.

The current crisis has not fully erupted because Bao Zixuan suddenly appeared. The employees of Heiyun Group bought gold aggressively in order to please Zheng Jiajia, which made Xie Liyuan get more financial support, so it has not closed down yet, but Bao Zixuan knew that after the iron lady fell in Kyoto There's bound to be a result. The sudden emergence of Heiyun Group has made a great improvement in the economy of Hong Kong compared with the previous generation. At least a lot of funds have been injected into it, which has delayed the time of the real estate crisis in Hong Kong to a certain extent. It is impossible to fight against the general trend alone with money, and he is not that stupid.

Li Zhaoji and Li Chaoren are the most familiar, so he said with a smile, "I was chatting with Xiao Baosheng and Hu Sheng, why did you two come here together?"

Li Chaoren: "Recently, the real estate market is getting weaker and weaker, and the Iron Maiden is coming again. We have a general understanding of what Kyoto means!"

"It's not easy to meet and discuss it together. There is no need for everyone to fight to the death. Some land can be taken out together for joint development, which can also avoid risks."

"Xiao Baosheng, you are not in the real estate industry. Can you help us analyze the future of Xiangjiang Real Estate from an outsider's point of view? I am increasingly confused."

It turned out that Li Chaoren came here for himself. In his previous life, the establishment of the Cheung Kong Graduate School of Business was not just to call Chinese entrepreneurs over. Then I learned information from them, which made it unfavorable to invest in the mainland in the future. Now that I have an idea on myself, Li Chaoren is really cunning.

But since people have already asked you, it's always hard not to answer. In addition, in a few days, I have to find Li Chaoren to buy land, it is impossible to give no face at all.

Bao Zixuan: "The business I do is very different from yours. The most valuable things for you are real estate, real estate, or precious metals and other fixed assets. The most valuable things in Heiyun are engineers and skilled workers. Talents in the core framework are retained, and there is no big problem with all others.”

"I don't know much about the real estate business. I can consider buying a few buildings to collect rent in the future. But I think China and the United Kingdom are both permanent members of the United Nations and have nuclear weapons, so it shouldn't be that easy to fight."

Li Chaoren then said: "I heard that the Hong Kong government has sold all the reserved land in Tianshuiwei to Baosheng, and the Zhang family has agreed to sell their land. Now there is a small piece of land in the Tianshuiwei area, that is, Cheung Kong Industrial, and Baosheng. Aren't you interested!"

Hearing Li Chaoren say that Tianshuiwei was completely bought by Bao Zixuan, which made several bigwigs present feel that Bao Zixuan was much crazier than them, and actually bought an area directly. It has a land area of ​​nearly 10 square kilometers. How much does it cost, and the construction requires a lot of money. This kid is too powerful!

Bao Zixuan didn't know what Li Chaoren meant, but since he was able to say it face to face, he definitely felt that he had caught his own dead end. At present, only Li Chaoren owns a small piece of land in Tin Shui Wai, and the surrounding land belongs to the Black Cloud Group. If Bao Zixuan wants to develop into a film, he must buy all of them. But Li Chaoren also knew that if the asking price was too harsh, Bao Zixuan would seal the surrounding area to death, that would be a dead place.

And it will also offend people, and he is now finding a balance. A price that the richest man can accept, he can also get a huge profit.

The main reason is that this balance point is difficult to grasp. Everyone understands that the richest man in this land is bound to win. Anyone who dares to play the idea of ​​​​this land will be the enemy of the richest man. No one from Xiangjiang has done this. As long as he does not sell his land to Heiyun, but to any company or individual, he will definitely have a hostile relationship with Bao Zixuan in the future, so Li Chaoren also has a headache at this time.

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Bao Zixuan: "It's a lie to say whether I want it or not. If Li Sheng is willing to give up my love, of course I'm willing to buy it. However, in terms of price, I'd like to ask Li Sheng to be very expensive."

The intention is already very obvious, and now people will not believe it even if they want to hide it. It is better to admit generously, I believe that Li Chaoren also dare not do too much, the big deal is one shot and two scattered.

Li Chaoren: "Now the surrounding land is all owned by Baosheng, so I don't want to sell it to Baosheng. You also know that we are all people who are not short of money. I want to increase the stake in Baohuodong Mining Company. Know if Bao Sheng is willing to exchange a little share.

Hearing this, everyone felt that Li Chaoren really dared to think that he actually wanted shares in Bao Huodong Company. This company is now a money-printing machine of Kenby. The profit in the first half of the year alone has exceeded 5 billion US dollars. Profits will only be high and not low.

Bao Zixuan knew that Li Chaoren was here to take advantage, and any company had a price. What's more, he also intends to reduce his shares in Baohuodong Mining Company. The interests involved are too great. Since Li Chaoren wants to give him anything, he can't be cheap for this old boy.

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