Chapter 1287 Revenge 11
The land in the center was mortgaged. You don't need to think about it to know what's going on. HSBC and Bao Bank are willing to help Zheng Bank exchange bonds, and they will definitely need valuable items as collateral. Bao Yugang and Shen Bi are both extremely shrewd masters. If you cooperate with Shark Guts, you must be on guard against the other party. If the conditions are not suitable, he will not spend billions of Hong Kong dollars to help the Zheng family wipe their butt.
In fact, Li Chaoren really doesn't want the land in the center of Xiangjiang Island; the high price is one thing, and the most important thing is that Xiangjiang is now in full development. In the future, the advantages of the island will not be so obvious, at least after the Black Cloud Town is fully built; no one can ignore the economic status of the New Territories. It is better to take advantage of the low price now and buy more land in the New Territories. The future is definitely promising.
Li Chaoren said with a smile: "I understand, and it would be the same if it were me. Although I really want to get the land in the center of Xiangjiang Island, I can't make it difficult for Zheng Sheng. And being able to tell the business secrets, Li is very honored, and at the same time I feel tremendous pressure. This matter will stop when it comes to me, and it will never spread from Yangtze River Industries; please rest assured Zheng Sheng."
"New World Real Estate has two pieces of land in the New Territories and Kowloon! I know that Zheng Sheng was originally planning to develop it himself, but the current situation is not optimistic. I don't know if I can bear the pain and give up."
In the eyes of the super tycoons, there are no secrets at all. It’s just that people see through many things but don’t tell them. They are all foxes of thousands of years, so there is no need to talk about chatting. It's better to admit it openly, so that it can be tolerated on the face of it.
Zheng Yutong said with a smile: "As long as the price is right, there is nothing that cannot be bought and sold. At the same time, I also understand Li Sheng's character, so I won't add insult to injury."
"Although I don't like Bao Zixuan very much, I have to admit it. He has indeed made Xiangjiang's economy stronger and its development more balanced."
"At present, Kowloon has developed. If it continues at this rate, it is estimated that it will not take five years to catch up with Xiangjiang Island in terms of economic scale. Although the New Territories has just started, the Heiyun Town is about to be completed. Compared with the surrounding land and housing prices, it will naturally follow A rising tide lifts all boats. That is to say, the Zheng family is in urgent need of funds now, and Li Sheng never treats his friends badly; in business, he is a child-sister-in-law, otherwise there is really no need to continue the discussion. "
When doing business, it is normal to ask for high prices and pay back the money. Now that Li Chaoren has not made an offer, Zheng Yutong has already boasted about his land. This is also a means of marketing. At this time, I heard that Zheng Yutong was talking about Heiyun Group and Bao Zixuan. It seemed that the old boy also knew; the situation was already established, and at least the Zheng family had little chance of making a comeback.
Li Chaoren said with a smile: "We are all acquaintances, and of course we cannot let Zheng Sheng suffer a loss. And doing business takes a long time. We may be able to take advantage this time, but it will be easy to suffer a loss next time. And compared with the principles of business reputation and fairness ;The little advantage we get is simply not worth it.”
Since Li Chaoren is an understanding person, things will be much easier to handle. Now if we don't use the capital reserves of foreign banks, we can probably only cope with the run on Zheng's Bank; there is no way to deal with the stock buyback of New World Real Estate Company. Although the Zheng family has not yet reached the point of depletion, they do not dare to easily use the funds accumulated over the years.
It may be able to solve temporary problems after being used, but if you want long-term development, you still have to rely on the company and the family to do it themselves. Therefore, not only the Zheng family, but also all major families in Hong Kong will ignore their deposits in foreign banks and treat them as if they don't have the money.
The Hong Kong issue has not yet been completely resolved, and no one can guarantee what the future will look like. Deposits in foreign banks are their only hope for a comeback. A company can close down, but the family legacy cannot be interrupted.
Zheng Yutong: "Since Li Sheng said this, things will be much easier to handle. Let's talk about the land in Kowloon first. When New World purchased it, the price was HK$180 million. But that was already 4 years ago. I just don't know. How much is Li Sheng willing to bid?"
"Land in Kowloon is currently very tight. After all, there is not much land supply on the island. Moreover, Kowloon is not bad in terms of urban planning and population. Although last year, land prices fluctuated due to negotiations between China and Britain on the Hong Kong issue. But We are all smart people, and Li Sheng must also know; this is only temporary, at least now land prices and housing prices are steadily increasing."
As for the land in the New Territories, when it was purchased, the price was only HK$30 million. But that was ten years ago. Bao Zixuan had not yet established the Heiyun Group, and Heiyun Town was even more nonsense. Therefore, there is no need to use it as a reference, but no one dares to deny that there is room for appreciation of land in the New Territories in the future.
The places where Hong Kong will develop most rapidly in the future are really not Xiangjiang Island and Kowloon. The New Territories may give people huge surprises.
Ten years ago, he dared to spend 30 million Hong Kong dollars to buy land in the New Territories. It can be said that Shark Dantong is definitely very courageous. You must know that the land in the New Territories may be a little worse than the main island, but it is definitely not inferior to the land price in Kowloon. The whole world is paying attention to the influence of Heiyun Town.
When the world's major companies, enterprises, and institutions set up shop in Hong Kong in the future, the New Territories will definitely be at the top of the list. In fact, Shardantong has already made plans before and plans to build 5,000 housing units in the New Territories; with supporting facilities such as shopping malls, the sales price will definitely not be less than HK$5 billion.
But now New World Real Estate no longer has that much money. Solving the immediate crisis is the key.
If you want to develop in the future, maybe going to the mainland is a good choice. As for Xiangjiang itself, the company can maintain basic operations by collecting rents from existing properties and shops. From this point, it can also be seen that Sha Dantong is definitely very business smart, but he just chose the wrong opponent.
Li Chaoren originally wanted to buy land in the New Territories, but saw that Shark Dantong was confident. Together with Shen Bi and Bao Yugang, they helped him solve a lot of trouble. Then it becomes very difficult to buy land in the New Territories. It cost 30 million Hong Kong dollars back then, but ten years have passed; even if we offer 1 billion Hong Kong dollars now, it is impossible for everyone to agree. After all, land in the New Territories is definitely a hot commodity. There is no need to worry about buyers at all, so it seems that it is destined to miss out on Cheung Kong Holdings.
The Li family has also just acquired a bank, and due to the fluctuations in the real estate market in Xiangjiang, the overall business is not that good. In addition, Li Chaoren wants to buck the trend and accumulate land, and the cost is really not small. We don’t have much funds now. Before, we just thought about acquiring the land at an advantage. Then I'm thinking of ways to develop it slowly. As long as I have land in my hands, I won't panic.
Now that Bao Yugang and Shen Bi are helping solve the bond problem, the Zheng family's funding gap is not that big. The idea of picking up a bargain is no longer realistic. A skinny camel is bigger than a horse, and Shark Dantong is not that easy to fall down. You can't do too much, so that you can meet again in the future.
Li Chaoren said with a smile: "Now for the land in the New Territories, I think all real estate companies will be interested. But to be honest, with the current capital reserves of Cheung Kong Industrial, the price given is still difficult to meet Zheng Sheng's psychological expectations."
Shark Dantong was still very happy to hear what Li Chaoren said. At least this guy still knows the difference and understands the current price of land in the New Territories. It's just about stabilizing the stock price, and the funding gap required is not that big. Selling some assets can solve the problem.
Zheng Yutong: "Since Li Sheng said so, then things will be easy to handle. How about HK$600 million for the land in Kowloon. I think the price is quite reasonable. Although Li Sheng may suffer some losses now, he will definitely not be able to buy it in the future."
Although there is a slight premium, the price offered is really not very high.
Li Chaoren: "The price offered by Zheng Sheng is still very reasonable, but at this point in time, the risk of acquiring land at a premium is too high. Therefore, we can only use the normal market price of HK$530 million. I don't know how Zheng's business will go."
After hearing the price, Zheng Yutong thought for a moment and said: "550 million Hong Kong dollars, after all, Li Sheng has to show his sincerity. If it doesn't work, he can only think of other ways."
It can save 50 million Hong Kong dollars, which is not bad overall. Li Chaoren thought for a while and agreed. If he really went to find other companies, then the land really had nothing to do with Yangtze River Industries.
The real estate company has a capital injection of HK$550 million and will definitely be able to buy back some of its shares. The scale of assets is reduced and the stock price is falling; this is a normal phenomenon, and Zheng Yutong also knows that he cannot stop it. Nor could he just watch the business he had worked so hard to create become worthless; he had to sell the land he had previously hoarded.