Chapter 891 Another Deal!

Hang Lung Group and other Chinese-funded consortiums have organized a group to cut off nine subway properties on the Hong Kong Island Line. This is like adding a spoonful of boiling oil directly to the Hong Kong real estate market, which was already a bit sluggish this year. The pond became lively.

Among other things, the topic that the real estate industry will definitely reach new heights has appeared frequently in newspapers and TV programs in the past two days.

Yin Jun didn't know how many real estate developers were involved here, but he was sure that most of the relevant reports were bought with money.

In this regard, "Qilin Daily" is not immune.

Just look at the number of temporary advertising pages they have increased by more than ten pages in the past few days, and you will know how many real estate developers have spent money on advertising.

Today's "Kilin Daily" is not the "Kilin Daily" a year ago. It has long become the largest newspaper in Hong Kong. Advertising expenses have doubled several times, and there is often no space.

That is to say, this color page advertisement mixed with the main text will have some room for increase.

Since doing business, anyone who pretends that they are not doing it to make money is completely hypocritical.

Just like you say that you don’t work to make money, or write books to publish and support your family...etc., these words can only reflect the inability of human beings to speak their minds, or that they like to disguise their own needs.

Therefore, the rules of Qilin Daily are very clear. As long as it is not harmful to nature, or contains fraud or propaganda, it will be accepted.

Real estate developers have always been good friends with the media, so they naturally get more attention.

Under such crazy propaganda from the media all over Hong Kong, the decline of Xiangjiang real estate actually stopped all of a sudden, and began to rise immediately.

I just heard in the morning that the price per square foot of a building in Sheung Wan has increased by 200, and by this afternoon it was 500.

In the corner area of ​​​​Mong Kok, this housing estate was originally unsold, but in the past two days, many people suddenly came to compete for the property, and more than 60 units were sold in one day!

The small real estate developers in Yuen Long have only built more than 200 houses, and the wrinkle environment is not good. However, despite the price increase in the past two days, the supply exceeds the demand, and all of them are sold out.

…

News like this spread around the citizens of Xiangjiang, artificially creating a tense atmosphere.

Such a thing has nothing to do with Yin Jun.

But Xiangjiang real estate is about to become popular again. Once such an idea takes root in people's hearts, many smart people will be unable to sit still.

For example, Taipan Botes of the Swire Group has called Le Yiling frequently in the past two days and invited her out for dinner.

Botes naturally has only one purpose.

That is the 4 million square feet New Territories Type B land exchange rights letter under the name of Kirin Real Estate.

Once they get these Type B land exchange rights certificates, their Swire Group will become the largest landowner in the New Territories.

As long as the Hong Kong government wants to develop the New Territories, it will definitely not be able to bypass them. The fattest meat will definitely be eaten by the Swire Group!

As for the question of whether the Hong Kong government should develop the New Territories...

Haha, need I say this?

Millions of people are crowded there, and there is no good living and production environment. If something happens for a long time, who will take care of it?

MacLehose was not the kind of person who just walked away and left all the problems to his successor.

Besides, to put it another way, even if the Hong Kong government is not in a hurry to develop the New Territories, we, the Swire Group, are not afraid.

The real estate market is so good now. If I buy Yin Jun's B-type land exchange rights certificate and leave it alone for a year, I'm afraid it will have to rise a lot, right?

It can be expected to double in two years!

Such a good deal, why don’t I do it?

Driven by this kind of thinking, Botes seemed a little anxious.

He wanted to finalize the matter as soon as possible before others could react.

Le Yiling is the one who knows all of Yin Jun's investment plans and judgment on the current situation, and she is the only one who knows it best. Even Yatou and Zhao Yazhi don't know.

So she knew very well that Yin Jun was a little impatient and wanted to take advantage of the Hang Lung Group's surge in popularity to cash in the B-type land exchange rights certificate at a high price.

However, Le Yiling also knew that if she showed this mentality, an old fox like Botes would definitely take the opportunity to suppress the price.

One to two billion is definitely impossible, but it is simply impossible to reach Yin Jun's psychological price.

Therefore, while actively negotiating with Bottes, she also spread the news that the British-funded consortium decided to find another battlefield in the New Territories to overpower the Chinese-funded consortium and fight for a turnaround.

Now the Chinese-funded consortium that had just won a big victory quit.

If the British-funded consortium was suppressed here, and they emerged over there, wouldn't it have no suppressive effect?

Therefore, the Great Eagle Group immediately contacted several Chinese real estate companies and was very aggressive in trying to grab some money.

To be honest, the Great Eagle Group, which claims to be "another victory for the Chinese consortium", is not so simple and righteous.

They were purely stimulated by Hang Lung Group.

Before the successful bid for the Hong Kong Island Line, the Great Eagle Group was not too far away from Hang Lung Group. However, once the Hong Kong Island Line is successful this time, the Great Eagle Group will not be able to catch up with them.

After Luo Yingsi's success in the past few years, he has always been ambitious. How could he let Hang Lung Group step on his neck?

Therefore, after repeated analysis, Luo Yingsi also came to the same conclusion as Botes.

The New Territories real estate market has great potential! !

Therefore, he found several real estate developers who were willing to give it a try, and they all formed a team. The first public offer for Qilin Real Estate was HK$3.2 billion!

But their conditions were half cash and half convertible bonds.

After all, the previous quotation of Wheelock Sauteed Skin was already known to everyone. The Kirin Group wanted to use cash to pay off debts, rather than turn around and become a shareholder with stocks.

Le Yiling felt that the conditions of the consortium formed by Eagle Lord were still good. The most regrettable thing was that half of the convertible bonds had a three-year term.

I sold something and couldn't get cash for three years. The money should be used by you first. It's really a big loss.

Moreover, in a few years, the real estate market in Xiangjiang will be a huge pit. God knows whether you can get up. When the company collapses, who will I turn to to convert the bonds?

So Le Yiling refused.

With the Chinese-funded consortium disrupting the situation, the Swire Group, which at first wanted to slowly communicate and negotiate, and then slowly make a quotation, became anxious.

Bottes followed up with an offer of HK$3.1 billion, all in cash.

When this quotation came out, all of Xiangjiang was shocked.

How dare you make so much money?

He actually has 3.1 billion in cash on him?

However, the omnipotent reporter immediately broke the news.

Of course, Swire Group does not have that much cash, but they are members of the board of directors of HSBC, so by pledging their assets with HSBC, they can come up with HK$3.1 billion in cash.

HSBC did an even better job. There was no need to take out the money at all. Yin Jun had to use the money to pay off the debt anyway, so he only had to write out the check and then take the check back without taking out a single note.

Moreover, the Swire Group is also very smart. After they bought the 4 million square feet of Class B land exchange rights and interest certificates from Yin Jun with a loan, they will immediately use these Class B land exchange rights and interests deeds to mortgage the loan, converting the previous large Part of the collateral is taken back, which greatly reduces your risk.

The Chinese consortium took a look and said, "Hey, if you do this, I can do the same!"

So they all went to a bank they were familiar with, took out a cash check of HKD 3.3 billion, and placed it on Le Yiling's desk.

After hearing this news, everyone in Xiangjiang felt that these two consortiums were probably going to blow their minds.

Such an expensive price is like another Hong Kong Island Line competing!

The Swire Group saw that the Chinese consortium had raised the price by HK$200 million, and immediately felt guilty.

They quoted HK$3.1 billion in one go, which was actually their maximum.

You want to borrow another few hundred million, is that okay?

sure!

However, it seems a bit too risky to buy a Type B land exchange rights certificate at such a high price.

At this time, Wheelock took the initiative to come to the door and proposed the idea of ​​cooperation.

Bottes was delighted when he saw this, discussed it with Wheelock all night, and immediately made his second offer.

3.5 billion Hong Kong dollars!

All cash!

If Kirin Properties does not agree, then Swire Group and Wheelock will give up.

This smacks of an ultimatum.

Eagle Group and several other Chinese-owned companies also felt a little guilty when they saw prices rising higher and higher.

But if you ask them to quit now, they will be equally unwilling.

Just when they took the time to hold a meeting and actively discuss the follow-up plan, they suddenly received a bolt from the blue.

Kirin Group CEO Le Yiling announced that Kirin Real Estate will accept the quotations from Swire Group and Wheelock. The entire transaction will be submitted to the relevant departments of the Hong Kong government for approval. Once approved by the government, delivery will be carried out immediately. .

Luo Yingsi and others were stunned the moment they heard the news.

After planning so hard for so long and putting in so much effort, why did it end like this?

How could Qilin Group be so rash and childish?

When did they have such a good relationship with the British consortium?

Luo Yingsi called Le Yiling angrily and asked why he didn't notify several people when he decided to accept the offer.

At least you should listen to our quotation and ask us if we are interested in following up! !

Le Yiling told him calmly that this was the company's decision and she was very sorry.

After putting down the phone, Sister Le felt a wry smile in her heart.

I'm saving you, okay?

If you really swallow this type of land exchange rights document, and the land market and real estate market collapse in a year or two, who will you complain about the most?

It must be us!

Of course, if Arjun didn't think it was bad to trick his own people, I actually wouldn't care. If you come in, you can come in!