Chapter 959: International Trade Building
Li Guangyu did not know what Huo Yingdong and the others were talking about later, and the next morning, Li Guangyu and Lee Shau-kee went to Chang'an Avenue accompanied by the vice minister of economic and trade affairs.
This is a development project cooperated by Guo Henian, where a 38-storey office building, two 30-storey Guomao apartments, and a 21-storey hotel are built, and Guo Henian has invested 500 million US dollars.
In the future, it will be the commercial center of Beijing and the first choice for foreign headquarters, and the project will be named International Trade Building.
Last year, the Lee Consortium and the Heung Kong Consortium focused on the development of the Tin Shui Wai area and the Plaza Agreement, so they did not pay much attention to this side, and this side was a joint venture with the government, so they did not pay too much attention.
Last year, the economic pressure of the Heung Kong consortium was very great, and the pressure on Li Guangyu's side was not small, whether it was the Taipei MRT, the Chinatown project and the Tianshui Wai project in various places, or in the Japanese stock market, a large amount of capital investment was required.
Before the gains of the Japanese stock market came back, Lee Guangyu and Lee Shau Kee and others were tightening their belts to get by.
Li Guangyu admires Guo Henian's courage very much, and he can boldly cooperate with the government in such a period to establish such a huge project in Beijing, which is worthy of being at the helm of a Malaysian Chinese-funded consortium.
Li Guangyu doesn't have too many ideas now, his own main markets are in Pengcheng, Huacheng, Ludao, Shanghai, and there will be Shuangqing, Rongcheng, Qindao, Jinmen, and Hangcheng in the future.
In the future, Shanghai will be the key investment area of the Li Foundation, and most of the mainland headquarters of the Li Consortium will be located there, which is the economic center of the mainland.
Moreover, it is not yet the time for the real estate group under the Lee consortium to enter on a large scale, and Li Guangyu plans to start entering the mainland market after the explosion of the bubble in the Japanese property market.
At present, the area around the International Trade Building is not prosperous, and it can even be described as desolate, Guo Henian chose to put the project here, but also hopes to drive the development of this generation in Beijing.
The vice minister of the Ministry of Economic and Trade accompanied Li Guangyu and others to visit the project site, and explained to them the planning, investment and construction progress of the International Trade Building, so that Li Guangyu and his colleagues could have a clearer understanding of the situation here.
At present, except for Fok Yingdong, who does not have a real estate company, whether it is Li Guangyu or Li Shauji and others, or Bao Yugang, Wang Kuancheng and Hu Yingxiang all have real estate groups.
Today, the Ministry of Economic and Trade brought them to visit here in the hope that through this project, they will know that the mainland will not restrict the development of their main business in the mainland, and that the real estate industry they are engaged in can also invest in the mainland in various forms.
Fok Yingdong said on the side: "Guangyu, Jiacheng, your development in Tin Shui Wai has ended, and the sales there are very hot, I wonder if you have considered investing here next?"
Li Ka-shing responded: "Yingdong, you also know that my Cheung Kong and Hutchison Whampoa have been expanding at a rapid pace over the years, and Japan has developed several new projects. ”
Li Guangyu said: "Huo Sheng, my Starlight Real Estate Group and Xingyue Real Estate Group have a large number of projects in the Tokyo metropolitan area and the Osaka metropolitan area, and the Starlight Real Estate Group will build a Starlight City in Tseung Kwan O, and the Wheelock Group will also build Wheelock Plaza on Xiangjiang Island and Taipei at the same time, which is also expensive.
But I'm really bullish on the market, and if there's a good place, I don't mind working with the government to build a business and commercial project. ”
At present, Guo Henian has come in here, and Li Guangyu doesn't want to rob him, anyway, the capital is so big, there is no need to hurt the harmony of the two sides for a little benefit.
Now he still has more than 10 billion dollars in his hands, and he doesn't know where to invest it yet, so there is no problem in investing hundreds of millions of dollars here.
Lee Shau Kee, Li Ka-shing, and Zheng Yutong are not as good as Li Guangyu, they are currently focusing on the Japanese real estate market, and they don't have much financial resources to take care of other markets.
Bao Yugang said with a smile: "Guangyu, don't cry in front of us, although your investment in these projects is indeed very large, and these funds are under great pressure on us, but for you, I am afraid that you don't need to allocate additional funds." ”
Bao Yugang knows Li Guangyu industry very well, Starlight Real Estate Group is building a Starlight City in Tseung Kwan O, and the funds for the second phase of the Starlight City sales are enough, and they are not used up.
As for the Wheelock Group, it is currently the largest rent-collecting group in Xiangjiang, spending more than 10 billion yuan to buy the bottom around 84 years, buying and buying everywhere, and now the monthly rent is very terrifying.
With the recovery of the Xiangjiang property market in the past two years, although the current Xiangjiang property market has not returned to the peak of 82 years, it has risen by 60% compared with the lowest trough in 84 years.
Wheelock Group is also very financially well-funded, and even if the construction of two Wheelock Places starts at the same time, Wheelock Group's own funds will be sufficient to support its construction.
The only thing that Li Guangyu wants to support is the Starlight Real Estate Group in Japan, which is expanding too fast, even if the Starlight Real Estate Group has made very good profits in the treasure island market in recent years, it still can't meet the investment of the Starlight Real Estate Group there.
Li Guangyu knows that they are all real estate experts here, and they know everything about their group, so it is impossible to fool them on this.
It's just that at present, the real estate sector has not yet been released, and it is unlikely that Li Guangyu wants to develop as he wants here, so at present, he is mainly developing other regional markets, and after the market here is completely opened, he will let several major groups enter the market.
At present, if there is a chance, you can develop a joint venture with the government, if you don't have the opportunity, it doesn't matter, in recent years, Li Guangyu has focused on the Japanese market, where housing prices will soar rapidly in recent years, Li Guangyu will not miss such an opportunity.
Li Guangyu said: "Uncle Bao, I am now too big a stall, and I have to use money everywhere, such as the Xiangjiang Airlines Group, I have invested nearly 10 billion US dollars, and now I have not transferred a penny from it, and the investment of Kowloon Group is not small, I have not even seen a little profit at present, there are too many groups that eat money in my hands, I have to stick the money tighter, I am worried that the capital chain will break that day, and the trouble will be big." ”
Li Guangyu is not only these two money-eaters, although the profits of Oriental Semiconductor Group are rising year by year, but Li Guangyu has not withdrawn funds from there at all, and all the profits have allowed the group to expand and increase investment in research.
Now Dongfang Semiconductor Group is not only engaged in chip design, R&D and manufacturing, but also extends upstream and downstream, so that Dongfang Semiconductor Group can get rid of the restrictions of all parties in this regard.
At present, the mainland's foreign exchange is relatively tight, and Li Guangyu's Renming currency is mainly used to pay wages to mainland employees and use it for charity, and other funds are used for Lee's industry's investment in the mainland.
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