Chapter 668 The Final Frenzy of Hong Kong's Property Market!

Five days had passed since Ho Hung-yen's second wife came to see Yang Ming.

June 9, 1981.

Yang Ming was sitting in the garden drinking afternoon tea.

Because of the Ho family incident, Yang Ming had been in a bad mood in the past few days.

In Yang Ming's opinion, whether this incident was related to the second wife or not, he didn't care.

He was just thinking, Ho Hung-yen's first and second wives were in such a mess, what would happen if it was him?

Yang Ming thought that soon Ho Hung-yen would have a third wife as in history after the second wife left Hong Kong for Canada.

"Young Master Yang, the Governor's Office just called and said that they invited you to visit."

The Governor's Office invited you to visit?

That means there is something important.

"Prepare gifts and go to the Governor's Office at 16:30 in the afternoon."

"Yes, Young Master Yang."

Lin Dezhong went to prepare gifts.

16:30 in the afternoon.

Yang Ming and Lin Dezhong got in the car and drove to Albert Road in Mid-Levels, Central.

The Rolls-Royce stopped at the door of the Governor's Office.

Yang Ming and Lin Dezhong had just gotten off the car when Mr. and Mrs. Mai Lihao came out to greet them.

After Yang Ming greeted Mr. and Mrs. Mai Lihao respectively, they went into the study of the Governor General's Mansion.

"Sir Yang, congratulations on receiving the Order of the Empire from the Queen again."

Before this, Yang Ming had been awarded the MBE by the Queen, and in addition, Yang Ming was also awarded an honorary title by the Queen.

Last year, Mai Lihao thought that Yang Ming was awarded the Officer of the Order of the Empire, so he waited for another year.

At this time, there were still four days before the Queen's official birthday. Normally, the list of those who were awarded the honors would be officially announced on the Queen's official birthday, but now the royal family has notified Governor Mai Lihao in advance and asked him to notify Sir Yang to go to London in advance. Then, about a week after the list was announced on the Queen's official birthday, the collective honors would be awarded.

Yang Ming thought it was something else.

It was just one year after the 1BE, and he was awarded the Officer of the Order of the Empire, that is, OBE.

For many people who admire the Queen's honorary title, they are naturally very happy.

For Yang Ming, it was actually just like that.

When Mai Lihao and Yang Ming were talking, Yang Ming was thinking, if he participated in the Queen's award ceremony, would the Queen pat him on the shoulder with the Queen's sword?

After this incident, Mai Lihao said again: "Sir Yang, the thing you said!"

Mai Lihao had heard that London had already announced the new candidate for the Governor's Office next year, and it was that Jude.

Now, Mai Lihao really didn't want to leave this position so soon.

"Mr. Governor, don't worry, I will go to London to participate in the award ceremony this time, and to attend Prince Charles' wedding, and also to deal with the issue of your position next year."

"Sir Yang, thank you so much."

Mai Lihao seemed very excited.

. . .

The two finished talking about business.

Coming out of the study.

After dinner in the dining room, Yang Ming left here.

He got in the car with Lin Dezhong.

When passing Queen's Road East, Yang Ming looked out the window and noticed that there were many people gathered outside, not knowing what to do.

If you don't know, you might think that there was a gang fight over there!

"Chen Zhenhua, ask what happened over there?"

Yang Ming naturally didn't go over.

Chen Zhenhua picked up the intercom and called the other bodyguards, asking two bodyguards to go over and see what was going on.

About ten minutes.

Yang Ming had already found out.

It turned out that they were selling pre-sale properties there.

In fact, it was selling pre-sale properties. It was not a company under the Empire Group, but a newly opened property of Hopewell Properties. I heard that the housing prices were not low, and many people were waiting to buy them when they opened.

Yang Ming shook his head and picked up the car phone in the car to call Lin Xiuzhi.

"Lin Xiuzhi, immediately notify Ma Shimin, Wei Li, Li Caixin, Xia Boyin, Wei Peter, Bao Fuda, Mou Shili, Mannix, Tang Shilian and others to come to the villa to see me."

Yang Ming hung up the phone.

Take the car back to the Repulse Bay Mid-Levels Villa.

Yang Jirong and his wife learned that Yang Ming had finished dinner at the Governor's Mansion, so the couple had dinner first.

Yang Ming went back upstairs.

Half an hour later.

Ma Shimin and others came by car one after another.

They knew that Yang Ming had gone to Japan for inspection some time ago.

Now that Yang Ming has returned to Hong Kong, they are not very clear.

When they came to the study.

Yang Ming looked at them and said, "After returning from Japan this time, I will also go to London. In addition to attending Prince Charles' wedding next month, there is also the large-scale privatization there. Mr. Mai Lihao notified me to go there tonight and said that I was awarded the Officer of the Order of the United Kingdom this time."

"Boss, congratulations on receiving the medal again."

When Ma Shimin and others learned that the boss would soon be awarded the OBE medal by the Queen, they were very happy.

Yang Ming was thinking about how to avoid being hit on the shoulder by the Queen's sword.

He would not tell Ma Shimin and others about these things.

"On the way back, I saw a new project under Hopewell Real Estate was launched, and the buyers looked very crazy."

Hopewell Real Estate?

"Boss, the housing prices in Hong Kong are really crazy now, whether it is real estate companies, home buyers, or foreign banks. However, the alliance to retain the common area has been disbanded. Not long after the Spring Festival, many real estate companies announced the cancellation of the common area. As a result, our company's real estate funds are not as much as last year." Ma Shimin said.

The alliance to retain the common area has been disbanded?

Yang Ming wanted to laugh after hearing this.

He thought that Li Jiacheng, Zheng Yutong, Li Zhaoji and others would insist on not cutting their losses, but it seems that they still couldn't stand it and were forced to cancel the common area.

Only in this way can their houses be sold and the funds can be recovered.

Only when the houses are sold can the real estate company obtain funds and then bid for new plots of land.

For real estate developers, if there is no liquidity, the consequences will be terrible.

"Now that the housing prices in Hong Kong are so high, what do you think will happen to the Hong Kong real estate market next?" Yang Ming looked at the people sitting and asked.

Ma Shimin and others are all smart people.

Last year, they heard the boss predict that the housing prices in Hong Kong will definitely fall sharply this year.

Now the housing prices in Hong Kong are already very scary and abnormal, and they have doubled in less than half a year.

"Boss, is it a big drop?"

"Yes, but I estimate that the worst will be next year and the year after."

Historically, the housing prices in 1982 fell by 60% compared with 1981.

That is to say, some people just bought a new house in 1981, and they haven't even seen what the house looks like yet, but the price of the house has dropped by 60%.

A house that cost 10 million yuan will only be worth 4 million yuan by then.

Not only that, it will continue to fall until someone can afford it.

It may become a house worth two or three million yuan, or even more than one million yuan.

"During this period, the houses that can be sold are still sold, and the funds are further recovered. Since last year, we have recovered a lot of funds in real estate."

From last year to this year, the Empire Group has recovered a lot of funds.

On the contrary, real estate companies like the Alliance for Retaining Common Areas are miserable. In February, they were forced to cancel the common areas. Their buildings began to sell out, but compared with the buildings under the Empire Group, there is still a big gap.

Chapter 6!

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