Chapter 1808 Skyrocketing! Skyrocketing! !

On this night, countless people in Xiangjiang stayed up all night.

Early the next morning, they stood in front of the TV, eyes wide open, watching everything that was about to happen in Huajing.

Regarding the specific details here, in order to avoid the appearance of the mythical beast River Crab 404, I will not elaborate on it.

What is certain is that, firstly, Xiangjiang is determined to return to the motherland in 1997.

Article 2: Before this, the British trusteeship policy remains unchanged.

Last but not least, the mainland guarantees that the various existing policies in Hong Kong will remain unchanged for 50 years.

Of course, the people in Xiangjiang are most concerned about the last point.

This is what Kylin TV, TVB and ATV focused on in their interviews and reports.

Several senior mainland liaison officials also actively accepted interviews with them to clarify some details.

For example, the asset issue that the people are most concerned about.

In other words, regarding how to protect personal property, the Liaison Officer said that both personal property and company assets are protected by law.

Because even in the mainland, private property is inviolable.

To be more specific, the land contract system in Xiangjiang is also of great concern to everyone.

The third attachment to the statement has a special explanation for this.

All previous land contracts and all rights related to the land contracts are recognized and protected in accordance with the law.

Until 2047, all land leases that have expired, including those in the New Territories, will not need to compensate for the land price from July 1, 1997. They will only have to pay an annual rent equivalent to 3% of rates in accordance with the previous method.

This article greatly inspired the people's confidence.

In addition to fearing that their assets will be confiscated, the most important thing they worry about is the land lease issue. If the mainland does not recognize these 99-year leases in Hong Kong and takes them back when they expire, it will cost lives.

Not only will the system not change for 50 years, but the more important land and real estate policies will also not change. They will still be as they were before, so everyone's assets don't have to worry about serious shrinkage or even being worthless.

Moreover, it has already taken the form of a public statement, and the mainland will definitely have to admit it.

Didn't Mr. Xiao make the wisecrack "If you dance, the horse will run" when being interviewed by official reporters after signing the declaration?

He always keeps his word, so he can't just keep his word, right?

Once this guarantee is provided, why should the real estate market in Xiangjiang, and even the land market, continue to slump?

Oh, it's not just the land and real estate markets. The day after the declaration was signed, the stock market began to soar.

Except for those British-owned foreign companies, Chinese companies, especially Cheung Kong Group, New World Development, Henderson Land and other companies with a large presence in real estate, have experienced a single-day increase of more than 7%!

Even the Dong family's Orient Overseas Company was affected by this good news and directly rose by 3%.

It is said that since the transportation agreement was reached with Qilin Mining Company in February this year, Orient Overseas Company has increased by 56% cumulatively, and its debt has been miraculously reduced by more than 7 billion, which makes Mr. Dong breath a sigh of relief.

Now that Xiangjiang has confirmed its return, it has completely turned to the Dong family in the mainland and will definitely gain more benefits.

For example, the Dong family must not be responsible for transporting the various resources and minerals needed in the country?

Precisely because of this emphasis, Orient Overseas's stock price actually rose by 11% in the next few days, which can be described as a bumper harvest.

But everyone knows that it is not any company on the stock exchange that has made the most profits this time.

Just because it is not listed, the stock price has nothing to do with it.

Otherwise, it is not surprising that seven or eight stocks can easily achieve increases of more than 10%.

Yes.

It is Qilin Group.

To be precise, it is Qilin Real Estate Company, a subsidiary of Qilin Group.

As the stock market rises, the land market and real estate market are also going crazy these days.

As if you have been suppressed for a long time and want to get rid of the pressure urgently, the prices in the real estate market and land market are, literally, one price per day.

Today the price of this apartment is only 200,000, tomorrow it will be 220,000, and in two days it will actually rise to 250,000!

This piece of land was listed for 50 million today, and three days later it reached 70 million. And then three days later... they immediately took the land away, not selling it, and planned to wait and see again.

Situations like this are happening in every corner of Hong Kong.

Those who have been struggling to keep their houses finally ushered in the day when all the hardships came to an end.

And even more fortunate are the people who started scanning the market from the lowest point this year.

Especially Qilin Real Estate.

They have invested hundreds of billions of Hong Kong dollars in their frantic shopping spree since March this year, but they have not shown any mercy. Now they have finally received the most generous rewards.

According to the most conservative estimates, in just two weeks after the declaration was signed, the land and real estate purchased by Qilin Real Estate increased by more than 20%!

What is the concept of a 20% increase?

This means that in just these two weeks, Qilin Real Estate's net profit exceeded 20 billion Hong Kong dollars, and it was just a lot more!

That's not all that's amazing.

For example, for their eight-seat Kirin Commercial Plaza project, negotiations were completed around May this year, with only a 30% deposit being given, and the remaining 70% had to wait until May 2085.

Now, the construction of these eight Kirin Commercial Plaza projects with excellent addresses has already begun. However, due to the fierce rebound in the real estate and land markets, the price increase has been as high as 25%.

Kirin Real Estate spent an average price of 1 billion each to customize these commercial plazas, and the price has increased to 1.25 billion.

Basically, it is equivalent to the deposit they paid, and they have already earned back all of it.

If after two years, the real estate projects in Xiangjiang still maintain an upward trend, it might be possible to make a billion Hong Kong dollars.

This is a waste of money!

It’s so enviable and jealous!

Apart from the Kirin Commercial Plaza project, which one of the lands and properties that Kirin Real Estate has purchased is not the best?

Even the land projects purchased in the New Territories are located in the heart of Yuen Long.

The standard for their purchase this time was the highest quality land and real estate, and they did not buy projects that were inferior.

It was also because everyone was too panicked at that time. When Qilin Real Estate offered a price that was slightly higher than the market price, they hurriedly took action, fearing that it would fall into their own hands.

This is great, everything is cheaper for Qilin Real Estate.

In the next few years, if we are lucky, the current acquisitions of more than 100 billion Hong Kong dollars may be enough for Kirin Group to make a lot of money based on their own appreciation.

Because there is a very conspicuous agreement in Annex 3, which is also one of the promoters of the soaring real estate and land market in Xiangjiang.

"During the transition period from now to 1997, the land allocated in Xiangjiang each year will in principle not exceed 50 hectares."

How many people are there in Xiangjiang?

When the economy is developing at a rapid pace, and financial and industrial institutions around the world are using Hong Kong as a springboard to explore China, how much demand is there for houses and businesses every year?

How can a mere 50 hectares be enough?

So how could the land and real estate market in Xiangjiang not skyrocket while seizing the source of land grants?

All in all, during the entire month of December, the land and real estate market in Xiangjiang fell into a boom that made people love and hate it.

Huo Jianning, vice president of Kirin Group and president of Kirin Real Estate, also became famous in this battle.

Huo Jianning has actually been famous for a long time. He was even the most photographed person in Hong Kong in 1984, more so than any other celebrities.

Because he started a series of sweeps in March, treating real estate and land as if he were buying vegetables at a wet market, and his lavishness was so grand that everyone was stunned.

But at that time, most people were laughing at him. He had been in the mainland for a few years and had no understanding of the land and real estate market in Xiangjiang. He was squandering huge amounts of money from the Kirin Group and would suffer big losses sooner or later.

But the facts proved that Huo Jianning's crazy attack was the correct strategy.

The land and real estate projects he purchased in these eight months are likely to bring 100 billion or more profits to Kirin Group in the next ten years.

With this alone, he made everyone look at him with admiration.

Although everyone knows that Huo Jianning has repeatedly stated in interviews these days that it is actually Yin Jun's decision to carry out large-scale sweeping of goods, and he is only responsible for the specific implementation.

But being able to have such great courage, being able to withstand such great pressure, and persisting in purchasing real estate and land projects worth hundreds of billions of Hong Kong dollars shows Huo Jianning's courage.

Moreover, Yin Jun only controls the general direction. Huo Jianning takes care of the specifics of where to buy, how to buy, how to negotiate preferential terms, etc.

He did these things in an orderly manner and everything went smoothly. If he didn't have strong abilities, how could he possibly do it?

Ordinary professional managers may only be negotiating a project worth hundreds of millions, and they can drag it out for two or three months, and then they are still hesitant, right?

Huo Jianning is famous for more than just this.

Everyone thinks that except for the Kirin Commercial Plaza project, they are all wholly-owned real estate and land projects.

But Hong Kong newspapers soon revealed that it was not that simple at all.

Although what Huo Jianning negotiated was a fixed price, or even an increase in price, it was definitely not a one-time payment, but was divided into two years.

Of course, in reality, it is unlikely that all large projects can be paid in one lump sum.

For example, some of the mergers and acquisitions in the United States that easily amount to tens of billions, just for payment, stock exchange, etc., take three to five years, seven or eight years to complete all the procedures.

Generally speaking, a one-year payment term is more reasonable.

After a year, various price increases and form changes have become somewhat unpredictable. Most acquirees and sellers will generally not accept it.

For someone like Huo Jianning, the ability to pay the remaining balance within two years is really impressive.

It means that the amount paid by Kirin Group is not more than 100 billion Hong Kong dollars at all, but much less, only 20 to 30 billion at best.

Not only did people not use all the cash in their hands, but they also didn't have to pay huge interest on the funds, which was a complete win-win situation.

Fortunately, in Xiangjiang, no one dares to have any idea of ​​​​sniping at the Kirin Group, and it has not been listed. Otherwise, anyone who dares to fight a costly war with the Kirin Group will probably die miserably.

Those companies and wealthy people who have sold their land and real estate are very depressed.

Not only did their sales reach rock bottom, but the funds were also unable to be withdrawn quickly. Now, if they want to invest a large amount of money, there is no way.

Why did I feel that I had taken advantage of it at that time, and then thought that Huo Jianning and Qilin Real Estate were stupid?

Now it seems that they themselves are the big, stupid ones!

Compared with Huo Jianning, who is a mediocre person and who is a super elite? Let’s judge!