Chapter 2088 Former Competitor

The gathering of the Xiangjiang Real Estate and Construction Chamber of Commerce, of course, is to discuss some real estate matters.

It's just that there are too many people attending the meeting, so everyone didn't discuss it too deeply today.

Hundreds of big and small real estate businessmen, each with their own small circles, gathered together in twos and threes after Mr. Huo sent his New Year's greetings.

In fact, everyone doesn't pay much attention to the Chinese New Year. The real festival is still in the Spring Festival.

As the richest man in the world, Yin Jun is naturally impossible to stay in one place all the time.

In the circle of Wu Guangzhen, Li Chaoren, Zheng Yutong, Li Zhaoji and others, he went to chat for a while.

In addition to congratulating him, everyone talked more about Yin Jun's big move in Lantau Island and everyone's common interests in real estate in Huajing and Shanghai.

This can also be seen from each other's position.

Anyone who intends to be good to the mainland has already invested in these two places.

Or an investment in the Christmas Creek Iron Mine in Western Australia.

As long as they didn't participate in these investments, then Yin Jun wouldn't regard them as people along the way.

If they do business separately, that's fine, but if they put down their chopsticks and scold their mothers like Jardine Matheson, then Yin Jun has a way to deal with them.

It is said that with the rapid recovery of Xiangjiang's economy, Jardine Matheson's business in Xiangjiang has also improved a lot. In 1985, its profit exceeded 7 billion Hong Kong dollars.

But that's just filling the holes they've made over the past few years.

In the past three years, the Jardine family has lost more than 15 billion Hong Kong dollars in total, and the debt ratio is very high.

If it weren't for the rapid rebound in real estate last year, I'm afraid they would have to continue to sell their assets to make a living.

Regarding this, Yin Jun could only sigh secretly. Jardine Matheson was once the No. 1 company in Xiangjiang.

"Next year's real estate will definitely continue to rise, and the situation will not change at all."

Yin Junzheng and Wu Guangzhen were talking about the shipping business of Wharf, when they heard a relatively loud voice talking next to them.

It sounded familiar, Yin Jun turned his head to look over there, but it was five meters away, surrounded by seven or eight middle-aged men in their 30s and 40s, and the person who spoke was Chen Qizong.

The 36-year-old Chen Qizong has slightly gray hair, but he is tall and straight, and he is in a very good state of mind.

It can be seen that he is also in the midst of the spring breeze.

Last year, Xiangjiang's real estate business has recovered a lot, and several projects of Hang Lung Group that suffered heavy losses before were immediately brought back to life.

Not only did the slow-moving properties sell, but the prices also rose sharply.

Within a year, from a loss of tens of millions to a profit of tens of millions, this is definitely something that will make people happy.

The most gratifying thing is not the increase in prices, but the return of people's confidence in the real estate market.

As long as they have confidence, the real estate market will get better and better in the future, and everyone will naturally earn more and more.

As the general manager in charge of the group's work, Chen Qizong was not busy developing new real estate, but was constantly optimizing several projects in his hands.

The Ngau Tau Kok project he bought from Yin Jun, he used advertising and promotion methods to increase greening and build various public facilities in the community. Even if the price increased by 1,000 Hong Kong dollars per square foot last year, the three consecutive phases of real estate totaled 1,500 Many units were sold out in the first instant.

The hype about queuing up three days in advance came from Ngau Tau Kok.

With a lot of information and hype from the media, queuing in advance has once again become popular in Xiangjiang. The better the real estate, the more so it is. Therefore, scalpers are very popular and make a lot of money.

This kind of hype atmosphere, although everyone knows it is hype, but the kind of thinking that if you don’t buy it, you will lose it has been in your mind, and then watching others buy it, really few people can stand it.

After all, Xiangjiang's territory is too small, and houses are a scarce resource in terms of the number of residents.

Hang Lung Group's total profit last year was 3.3 billion Hong Kong dollars, but their courage to acquire land is also very high.

Huo Jianhua started to sweep the floors and buildings in Xiangjiang in March the year before last. Chen Qizong only hesitated for 3 months, and started to follow in June.

At this point in time, it was a month earlier than Li Chaoren and Zheng Yutong.

Therefore, Hang Lung Group spent 2.1 billion Hong Kong dollars to acquire land in 1984, and now it has doubled. If it is developed, it is estimated that the deposit profit will be more than 5 billion, which is almost tripled.

At the end of 1984, after the signing of the joint communiqué, Hang Lung Group made even more generous spending. Even if it did not have enough funds, it borrowed 3 billion Hong Kong dollars from the bank and bought 5 billion Hong Kong dollars of land.

In this way, although they earned HK$3.3 billion last year, they still have a lot of old and new debts owed to banks.

However, everyone knows that with the solid accumulation of the past two years, Hang Lung Group will be able to recover to its previous vitality, just around the corner.

As a result, Chen Qizong, who was criticized before, became a new idol in the business world again.

From the few people around him, you can tell how popular he is.

Coincidentally, Chen Qizong's eyes also saw Yin Jun.

"Young Master Jun!"

He suddenly raised his hand and walked over with a smile, "Hello Jun Shao, Mr. Wu!"

"Hello, Mr. Chen." Both Yin Jun and Wu Guangzhen responded.

For this rising star, Wu Guangzhen appreciates it,

Although he was a little aggressive before, but after learning from the pain, he quickly corrected his shortcomings and took off again. He is naturally an excellent talent.

When the people around Chen Qizong saw him approaching Yin Jun, their eyes lit up and they quickly surrounded him.

These people are either the bosses of small real estate companies, or the buddies of medium and large real estate companies.

For them, Chen Qizong is an idol they need to admire and worship, but Yin Jun has long been a myth in the business world.

Those who can sit on an equal footing with Yin Jun are all super rich with successful careers, and they are not qualified to step forward at all.

If you take the liberty to come over and talk to Yin Jun, it is a very rude behavior, and you will be ridiculed in the business world.

It is definitely a rare opportunity to follow Chen Qizong and listen to what he and Yin Jun are talking about, and maybe he can also hear knowledge and information that can benefit him.

"Jun Shao, I have been telling them that the future of Xiangjiang is very bright. We must build Xiangjiang well so that we can develop together with Xiangjiang. Do you think my idea is right?" Chen Qizong was polite asked.

He suddenly became so polite, instead of the previous targeting and competition, Yin Jun was not used to it.

Yin Jun is not worried about his evil intentions. In fact, up to now, Yin Jun has the absolute support of the mainland, hundreds of thousands of employees in Xiangjiang, and a powerful media and entertainment group in the United States. The richest man in the world doesn't have to worry about what tricks Chen Qizong is playing.

In terms of the achievements of later generations, Chen Qizong's achievements are still very good, and many people hailed him as "Li Chaoren's second".

Since he took the initiative to express his kindness, it is naturally impossible for Yin Jun to let him down on the spot.

"Mr. Chen is right." Yin Jun nodded, "The next 30 years must be the best development opportunity for Xiangjiang. As long as we can seize the opportunity, we will definitely develop together with the motherland."

Those who can come here, even if it is only the second generation, will only be brought here if their parents and grandparents feel that they are qualified and capable.

So even if Yin Jun changed "Xiangjiang" to "Motherland", they could hear it clearly.

The meaning of the words is easy for people to understand.

Yin Jun felt that Xiangjiang could develop better only by relying on the mainland.

"Oh, I'm thinking too narrowly." Chen Qizong patted his head with a smile, "Look, our Hang Lung Group, together with the Kirin Group, has invested in a large number of projects in Huajing and Shanghai. How can we forget about the mainland? What about it? The greater the mainland’s demand for Xiangjiang, the easier it is for Xiangjiang to develop well! It’s just that many people are still worried about whether something will happen around 1997.”

"Affirmatively not." Yin Jun smiled, "British people won't act like that, and the mainland won't allow them to do so... As long as we pay attention, we won't get into trouble."

Chen Qizong frowned, "Young Master Jun, is there any trap waiting for us?"

"certainly!"

Yin Jun took advantage of the situation and said: "The main economy of Xiangjiang is the port and finance, and the tourism industry can be the icing on the cake. But if we put the most energy on real estate, then Xiangjiang will definitely fall into the situation of real estate collapse again in the future! And more than It’s even more ferocious than in the past few years! I don’t know how many people will lose their money and work for developers all their lives.”

"The current upward trend is a bit scary, but I guess this year should cool down a little bit." Chen Qizong said, "The second phase of Qilin Peninsula will soon open thousands of units. Mr. Jun, your new project in Tianshuiwei, In the second half of this year, it should be launched one after another? With such 10,000 to 20,000 units coming out, how can the house price skyrocket?"

Qilin Peninsula is the land of Heung Kong Electric and Shell Oil before, and it is also the Haiyi Peninsula, one of the four super housing estates of Li Chaoren in his previous life.

The overall area is 13.2 million square feet, and the salable area has reached nearly 50 million square feet. It is expected that the fourth phase of development will be completed.

Construction started in January last year, and 4,000 units were released in the first phase of July, with an average price of 2,500 per square foot, which is 200 yuan per square foot lower than the hyped and inflated housing prices in the surrounding area.

With it coming out like this, and there are more than 10,000 follow-up units waiting, the surrounding housing prices immediately dropped.

As for the 200 hectares of land in Tin Shui Wai purchased in June 1983 for 1.5 billion Hong Kong dollars, the area is even ridiculously large, and there is no problem in supplying 100,000 units.

That's why Chen Qizong said that because of the super market in Qilin Peninsula and Tianshuiwei, real estate developers in Xiangjiang now have to take this into consideration when setting prices, and the housing prices have not kept soaring.

Hearing what he said, the small real estate agents next to him were a little sad.

It would be a pity if there were no windfall profits in real estate.

But how could they shake Yin Jun?

Since he couldn't resist, he could only follow Yin Jun's rules.

Yin Jun also saw their expressions in his eyes, and smiled slightly: "If the real estate industry is a profiteering industry, it will be a disgrace to the local economy. I can guarantee that the real estate profits of Xiangjiang in the future must be among the top among all industries. Three. As long as you do it well and don’t think about it, you will definitely be able to prosper!”

"Yeah, we are in the real estate business, and what we worry about the most is skyrocketing prices and plummeting prices, which is not good for us." Chen Qizong nodded repeatedly, "Don't worry, Mr. Jun, we will maintain the stability of the real estate market together, and we can't get out of it." What's wrong."

Yin Jun smiled slightly.

It would be best if Chen Qizong really thought so.

With the help of this rising star, the future strategies of the Kirin Group will be implemented more smoothly.

...

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