Chapter 1532 The Rush of Real Estate Developers

"Royal Sister" has been a hit at the box office for two consecutive weeks. As the heroine, Hui Yinghong is naturally brilliant.

She also took the time to treat Yin Jun to a meal.

The young man struggled for a moment and then went to keep the appointment.

The subsequent development was naturally as he had thought before. Sister Hong once again transformed into a female knight, and she got along well with Yin Jun again.

If Yin Jun hadn't practiced martial arts every day, he would have been squeezed dry by Sister Hong.

Sometimes Yin Jun wonders if he has become Sister Hong's tool to relieve stress and relieve her emotions.

But men are greedy animals. Sister Hong is young and young, while Paner is good at her job and can unlock various postures. Of course, the boy likes her too.

Otherwise, he would not be happy to attend the appointment.

In this life, Sister Hong's development is so smooth, and with Yin Jun behind her, she will naturally not go crazy and go to France to shoot Banguo's photo album.

In fact, Sister Hong, who is enjoying both career and love (!?), is very radiant, and her charm has spread beyond Hong Kong and radiated to the whole of Asia.

Shiseido in Japan has already sent out an invitation, preparing to sign Sister Hong’s cosmetics endorsement deal at a price of US$2 million a year.

This price is the highest among all Hong Kong moss female stars.

Among the Chinese female stars in the world, she is second only to Teresa Teng.

Sister Tianhou is a monster, incomparable. With the Grammy success and album sales breaking through the sky, no one with less than 10 million US dollars a year dared to hand it over to Guan Weihua.

It seems that it is now mid-December, and the time has come to 1984, but there is still no sign of recovery in Hong Kong's economy.

The return of the Hong Kong dollar exchange rate to normal is nothing more than bringing order to the past chaos.

The current financial order in Hong Kong is still relatively chaotic. People still don't trust small and medium-sized banks, and financial companies collapse from time to time.

Not to mention the land market and real estate market, which are even worse than the financial industry.

But among them, there is also a relatively large real estate company that has been quite popular recently.

It is Li Zhaoji’s Henderson Land Development Company.

This real estate company, in which Yin Jun holds 25% of the shares, fell below its net market value last year.

But since then, due to Yin Jun's financial investment and Li Zhaoji's own management, it has regained a lot of its vitality without realizing it.

Especially two days ago, Henderson caused a sensation when it announced that it had successfully acquired a Type B land exchange interest certificate worth HK$1 billion.

When Yin Jun bought 25% of Henderson's shares last year, Henderson's share price had fallen below HK$1.8 billion, almost lower than when they went public.

Later, although encouraged by Yin Jun's shareholding, Henderson's stock price continued to rise, but it never exceeded HK$3 billion.

Now suddenly they say that they spent 1 billion Hong Kong dollars to purchase a type B land-exchange right deed. What happened? Do they have that much money?

Looking at the prices on the stock market, Henderson's total market capitalization is only 2.5 billion, and the funds in hand are not more than 500 million!

As a result, "Qilin Daily" revealed the whole story.

Henderson's acquisition of the B-type land exchange rights and interests this time did not come from the company's daily operating funds. Instead, it used the equity as collateral to borrow 1 billion Hong Kong dollars from Busan Bank in South Korea.

But the problem comes again.

Henderson's overall market value is only HK$2.5 billion. If you want a loan of HK$1 billion, wouldn't you have to take out at least 50% of the shares according to the bank's rule that the valuation is low and the loan can only be 70%?

Li Zhaoji only holds 45% of the shares!

But "Qilin Daily" was really well-informed. They immediately dug out the records. The Bank of Busan did receive 50% of Henderson's shares, but 25% of them were Yin Jun's. Li Zhaoji only took out 25%. The two major shareholders each own half.

And in the loan contract of Busan Bank, the guarantor written is still Yin Jun.

So people immediately understood that this loan was led by Yin Jun.

If it weren't for Yin Jun, even if Henderson took out 50% of the shares, he might not be able to get the loan.

Since it is an acquisition that Yin Jundu is optimistic about, the Type B land exchange rights and interests document seems to be a bit messy!

However, however...

What everyone doesn’t expect is yet to come.

Following "Qilin Daily", "Pear News" revealed another piece of news.

That is, Henderson Land Development actually not only acquired 1 billion Hong Kong dollars in Type B land exchange rights and interests, Li Zhaoji received a total of almost 4 billion Hong Kong dollars in Type B land exchange rights and interests.

He acquired the remaining two billion-plus land-exchange rights certificates for the Kirin Group.

As soon as the news came out, Li Zhaoji was immediately blocked.

The reporters were reluctant and insisted that he tell the truth whether he and Yin Jun had collaborated on the vote.

Li Zhaoji is not the second richest man in Hong Kong in the future, and his fourth uncle is not his fourth uncle, so under the relentless pursuit of reporters, Li Zhaoji finally "unable to resist" spoke up.

"Yes, I also helped Mr. Jun acquire some B-type land exchange rights and interests."

"This matter was decided together by us. Not only does Mr. Jun think that Xiangjiang has a future, I think so too."

"The amount of investment is too much? No, no, look at Mr. Jun, you dare to invest 2.6 billion Hong Kong dollars, why can't I follow? After all, those who followed Mr. Jun have never suffered a loss yet!"

"I think the population of Hong Kong is still too large. Housing prices in Hong Kong Island are too expensive and Yau Tsim Mong is too dense. Only the vast New Territories area is suitable for building new towns. And everyone knows that if you want to buy land in the New Territories, you will naturally Type B land exchange rights and interests document is more suitable.”

"These rights documents will be invalidated in 1997? Where did you hear that? Do you believe the rumors, or are you willing to believe Jun Shao? Taking a step back, if they are to be invalidated, it will also be Jun Shao's B-type land exchange rights. The book is in front, right?"

"..."

After such a show, Henderson's stock price rose by 8% in just a few days, almost reaching 3 billion.

Ordinary people, except for the aboriginal people in the New Territories, basically just watch the excitement for something like the Type B Land Exchange Rights Letter.

However, some small and medium-sized real estate companies have smelled the price increase.

They hurriedly wanted to go to the New Territories to buy some, but they didn't expect to know after asking. In the past six months, in addition to Li Zhaoji's large purchases, including Zheng Yutong's New World Development, Li Chaoren's Yangtze River Industries, Guo Desheng's Sun Hung Kai... and other real estate giants have actually made more or less acquisitions.

Some newspapers also published information on their real estate developers' acquisitions in the past two days. The total amount has actually exceeded 6 billion Hong Kong dollars!

After the first few rounds of acquisitions in the past decade or so, farmers in the New Territories originally had very few B-type land exchange rights certificates. Now that another 6 billion Hong Kong dollars have been plundered, how much more can be left?

Even if there is some left, they are still holding it tightly in their hands and will never sell it again.

Think about it, so many big real estate developers have entered the market to buy the bottom, so is it still far away from the day when the B-type land exchange rights and interests will re-emerge?

But including Zhang Yanlong of the New Territories Heung Yee Kuk, there are actually some regrets in his heart.

They originally had a lot of B-type land exchange rights and interests in their hands, but they still sold about half of them.

If you don't sell it, even if you just postpone it for a few months, the price can skyrocket by 30%.

What annoyed Zhang Renlong and others the most was that Yin Jun had already told Zhang Renlong that if they hold on to the Class B land-exchange rights letter in their hands for a few years, things will naturally change.

Too bad they didn't listen.

To be precise, I didn't completely believe it.

So we came up with a compromise, sell half and keep half.

Fortunately, half of them were left in the end instead of all being sold out.

In this matter, although Henderson Helped Yin Jun buy a 2.6 billion B-type land exchange rights certificate, no one would blame Yin Jun and say that Yin Jun was taking advantage of it.

Having said all that, you still want to sell, so what can you do?

Besides, everyone is buying, and the price given by Yin Jun is completely in line with the market’s expectations, so what else can you say?

When Zhang Renlong called and talked about his annoyance for not listening to his own advice, Yin Jun in turn comforted him.

Without it, you can't feel the huge pressure at all.

Zhang Renlong can keep half of it for himself, and let the big families and landowners keep almost half. He is already very courageous and very tenacious.

Some of them didn't believe in Yin Jun, so they sold out all the stores in July and August and moved their families to Canada.

This is called cutting off one's own wealth path and losing one's wealth luck.

After putting down the phone, Yin Jun shook his head unconsciously.

What now?

Until 1985, you will know what it means to "use a piece of paper as gold".

In the several new towns developed by the government in the New Territories, 90% of the land was exchanged by real estate businessmen with Type B land rights exchange certificates.

The profit at that time was dozens or hundreds of times higher than the price they paid for it now.

The reason why Li Zhaoji made Henderson Land become one of the top ten companies in Hong Kong, and he himself became the second richest man in Hong Kong, is that half of his wealth comes from the land brought by these B-type land exchange rights and interests.

Similarly, Kirin Group currently holds 2.6 billion Hong Kong dollars in land-exchange rights certificates. Ten years later, the value of 50 billion will be small!

It would not be surprising if the Kirin Group were to use it to develop real estate and commercial facilities and double the amount to HK$100 billion.

Sometimes I think about it, it’s actually very easy to make a fortune.

As long as you identify a good project and stick to it, you can make a fortune.

Not only Xiangjiang, but also the mainland.

Since the opening up of commercial real estate in the 1990s, for nearly 30 years, no matter what industry you do business, you can't make money as much as real estate.

As long as you continue to buy and sell houses and keep growing the snowball, it is not uncommon for ordinary people to become billionaires.

And those people who work hard to do business and open stores usually work hard for half their lives only to realize that they do not earn as much as those who do nothing but buy and sell houses.

They immediately couldn't figure it out, so they immediately followed suit.

These businessmen and factory owners ended their businesses and began to join the army of real estate speculators.

This is also the most important reason why China's housing prices will rise like a rocket after 2008.

When a large amount of hot money pours into the real estate industry, it can only rise and nothing can stop it.

But the consequences of this are also very serious.

That is, in other real industries, no one is willing to do it.

You can make money easily and happily, but who wants to be as tired as a dog all day long but still not make much money?

This is true in Xiangjiang and also in the mainland.

So when Yin Jun crossed over, Xiangjiang was almost abandoned, and the mainland was also in a huge potential crisis.

In the long run, it will definitely be a very troublesome problem!

…

(Everything has to be blocked now, so I don’t know how to write it properly)