Chapter 495 A Grand Feast for the Hong Kong Real Estate Industry!

The Wharf Group, Hutchison Whampoa Group, Jardine Matheson Group, Hong Kong Land Group, Hong Kong Electric Company and other major groups under the Empire Group have just held a press conference on the cancellation of the common area.

It immediately shocked the reporters present.

When these reporters rushed back to their newspaper companies as quickly as possible, they rushed to write overnight and tried to start printing the news about the Empire Group's cancellation of the common area at one or two o'clock.

In addition.

There are also those reporters who immediately called various industries in Hong Kong.

Almost all of Hong Kong's industrial chains are related to real estate.

In other words, this news actually concerns everyone.

British capital in Hong Kong, including Wheelock & Co. of the Zhang Yuliang family and John MacArthur, Swire & Co. of the Swire family, and Jardine Matheson Bank, etc.

Among the Chinese capital, Guo Desheng of Sun Hung Kai Properties.

Hu Yingxiang of Hopewell Properties.

Chen Zengxi of Hang Lung Properties.

Chen Detai of Taichang Properties.

Zheng Yutong of New World Development.

Li Zhaoji of Henderson Land Development.

. . .

These people were having dinner with their families at home at this time.

When they heard the news from reporters, friends, executives, and subordinates, they were immediately shocked and speechless.

At the first time, it was impossible for these people to say that they did not hate Sir Yang.

They felt that Sir Yang had to cut his own flesh to feed those Hong Kong home buyers, and now he had implicated them.

They had to respond again.

Many people did not even finish their meals, and immediately hurried back to their company buildings to discuss and respond to the sudden cancellation of the common area by the Empire Group.

In the end, follow up and cancel the common area.

Or they ignored the Empire Group's approach and would not announce the cancellation of the common area.

. . .

Hong Kong Sassoon Road.

Huo Family Mansion.

In 1973, Huo Yingdong spent 1.2 million to buy it from the wealthy Lu Yuntao.

Since then, he and his first wife's family have lived here.

Now because he invested in the construction of the White Swan Hotel in Guangzhou, he often travels between Hong Kong and Guangzhou.

Since Huo Yingdong was restricted from developing in Hong Kong, it has been difficult for him to expand further in Hong Kong.

Some time ago, when he learned that Ye Han actually sold all the original shares of Haojiang Tourism and Entertainment Company to Sir Yang, Huo Yingdong was also very surprised.

He had always been a little mysterious about his holding of shares in Haojiang Tourism and Entertainment Company, and he didn't want outsiders to know about it. However, he didn't expect that Sir Yang and himself were now major shareholders of the same company.

Huo Yingdong was having dinner.

The eldest son, Huo Da Gongzi, suddenly ran over and said, "Father, something big has happened."

"What big thing?"

Huo Yingdong still felt strange.

"I just heard that Sir Yang was going to cancel the pre-sale and common area."

What?

Sir Yang was going to cancel the pre-sale and common area?

Huo Yingdong was stunned.

Speaking of pre-sale, he was indeed the one who invented it back then, and he didn't expect that it would bring him some bad reputation.

Since he got too close to the mainland and was restricted by London, it was actually very difficult for him to get land in Hong Kong. Basically, if he wanted to invest, he had to buy built properties from other people.

Speaking of pre-sale properties.

It has been a long time.

It is also very beneficial for the real estate development in Hong Kong.

As for the common area, it has nothing to do with him.

He didn't know who invented it first.

However, the reputation of the common area is very bad, so many people also said that he invented it.

Huo Yingdong felt that he was wronged.

Because the common area has nothing to do with him.

What's more, he was suppressed by London in Hong Kong later. What does the common area have to do with him?

"Did you hear it wrong?"

Huo Yingdong felt strange. How could Sir Yang cancel the pre-sale properties and the common area?

"Father, I just received a lot of calls from reporters, saying that."

Huo Yingdong felt strange.

He left and returned to the study to call a few friends.

Learned from the phone.

Sir Yang did not say that he would cancel the pre-sale property, but he would cancel the common area.

In other words, his eldest son must have heard it wrong just now.

As for why he heard it wrong, of course someone made a mistake or misrepresented it.

"Father, Sir Yang did not cancel the pre-sale property?"

The eldest son of the Huo family came over and asked.

"Pre-sale property and common area are not the same concept. How could Sir Yang cancel the pre-sale property? However, the emergence of common area has indeed caused dissatisfaction among many home buyers."

"Father, what about us?"

Nowadays, the Huo Group is very low-key in Hong Kong.

So much so that Huo Yingdong has always looked to the mainland, hoping that the mainland will be opened up and he can develop in the mainland.

It was not until after 1977, especially in 1978, that he saw hope.

When seeing that Sir Yang of the Empire Group had returned to China to invest hundreds of billions of Hong Kong dollars, Huo Yingdong would naturally follow suit and invest.

Huo Yingdong does not have much investment funds. In addition to the White Swan Hotel, which he is currently investing in, he still needs to borrow money to build it. He still needs to observe other investment projects further.

Now that the Empire Group has cancelled the common area, it will be of great benefit to Hong Kong's real estate market. The Huo family can follow suit and invest in properties in Hong Kong.

"The real estate market in Hong Kong is very hot now. When the time is right, we can also follow up and buy some properties." Huo Yingdong reminded.

Now, anyone who cares about the real estate industry in Hong Kong will pay attention to this matter.

That night.

Many citizens also heard the news suddenly.

For investors who are preparing to buy houses in the near future, many citizens may not even eat, leave their homes or rental houses, and go to the real estate companies under the Empire Group to see if there are any suitable houses to buy.

For the real estate tycoons in Hong Kong, this is like cutting meat.

For home buyers in Hong Kong, as well as banks and sales agents in Hong Kong, this is a huge feast.

Tsim Sha Tsui, Hong Kong.

A real estate developer under the Harbour City Group under the Wharf Group.

A real estate project being developed near Tsim Sha Tsui.

During this period, this real estate project has investors coming to see from time to time, but there are not too many home buyers who place orders and pay down payments.

Mainly home buyers in Hong Kong, they have too many things to consider.

Including location, transportation, environment, facilities.

There are also down payment funds, mortgages, etc.

For ordinary home buyers in Hong Kong, it is really difficult to buy a house in Hong Kong, so you have to think carefully.

In addition, the housing prices in Hong Kong are soaring again.

Tonight, many people suddenly heard a news that all real estate companies under the Empire Group have cancelled the public area.

This is for these consumers.

The suddenly cancelled public area is not only equivalent to the house they bought, but also a few square meters more, which is equivalent to earning tens of thousands. How can those investors not be tempted?

They are also worried that after the Empire Group cancels the public area, the housing price will grow faster.

Many investors immediately came to the project of this real estate company under Harbour City.

This is a revolution in the real estate industry in Hong Kong.

It is also a feast.

Whether you buy a house or not, this seems to be good for them now and in the future.

This night.

For the entire real estate developers in Hong Kong, it is a sleepless night.

For the citizens or home buyers in Hong Kong, tonight is a night that makes them excited and unable to sleep.

Chapter 3!

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