Chapter 921: The Japanese Property Market
On Tuesday evening, Mr. Lee went to the Peninsula Hotel to attend a reception hosted by Mr. Lee Fu-chiu, chairman of the Far Eastern Stock Exchange.
The situation of the four major exchanges in Hong Kong is about to be changed, and the Hong Kong Stock Exchange, the Far East Exchange, the Kowloon Exchange and the Gold and Silver Exchange will be formally merged on the 27th, and from then on there will be only one exchange in Hong Kong - the Hong Kong Stock Exchange.
After several months of competition, with the support of the Heung Kong Consortium and the Li Consortium, Li Fuzhao successfully served as the chairman of the Heung Kong Stock Exchange.
He knew very well that if it were not for the support of Lee Guangyu, Lee Shau Kee, Cheng Yu-tung, and others, he would not have been able to defeat the chairman of the Hong Kong Stock Exchange and thus sit in this position.
With the official decision of Xiangjiang to return to the mainland, many aspects of Xiangjiang have shown a situation of Chinese advance and British retreat.
Li Fuzhao's appointment as chairman of the Stock Exchange is one example, and if it were not for the certainty that Hong Kong would return to the mainland in 1997, how could the current government of Hong Kong have allowed Chinese to hold such an important position.
Since Cao Weiqing had to take care of Li Songyi, Li Guangyu came to the Peninsula Hotel alone tonight accompanied by his bodyguards.
Li Guobao specially greeted guests from all walks of life outside the hotel today, although Li Guobao is already his family talker, but Li Fuzhao is his elder, and he can only let him greet him outside at this time.
Li Fuzhao's appointment as chairman of the United Exchange this time has greatly enhanced the influence of their Li family, the main business of the Li Guobao family itself is in finance, and the Bank of East Asia is their pillar industry, and after Li Fuzhao serves as the chairman of the United Exchange, it has been of great help to the development of the Li family's industry.
As soon as Li Guangyu got out of the car, Li Guobao greeted him and said, "Guangyu, why did you come here alone today, you didn't bring your younger siblings?"
"Li Songyi's little guy is not as well-behaved as his brothers and sisters, and Mama He and the family hire can't take him, so Weiqing can only take care of him at home, otherwise the whole family will be upset when this little guy cries. ”
Li Guobao said with a smile: "Haha, Guangyu, there is finally a little guy who wants to annoy you, Song Tao, Song Qian, they are really obedient, you don't know my kid, only your sister-in-law takes it, your sister-in-law often sighs that a few boys in your family are obedient, and now you have finally met the abrasive master." ”
Li Guangyu can't do anything about it, Li Songyi is so small, he can't beat him, he can only educate him well after he is older, and this time can only make Cao Weiqing work harder.
After chatting with Li Guobao for a while, Li Guangyu entered the hotel.
Today's reception was attended not only by members of the Xiangjiang Consortium and Li Guangyu, but also by Bao Yugang, Wang Kuancheng, Xu Shixun, Fok Yingdong, Zhao Congyan, Cao Guangbiao, Rong Zhijian, Lei Juekun, Qiu Degen and others, which can be regarded as a big gathering of the Chinese family in Xiangjiang.
The last time we got together on such a large scale was when Feng Jingxi was at the funeral last year.
And the atmosphere was not suitable for everyone to talk about things, and this cocktail party was just right for everyone to communicate.
Li Guangyu entered the banquet hall, greeted the elders, and sat down next to Stanley Ho.
These people are chatting about the opening of Tin Shui Wai, which involves a number of real estate groups in the Heung Kong Consortium, and the Li Consortium also has Wheelock Group and Starlight Real Estate Group.
More than 80,000 residences were sold at one time, which is a very large amount, even if they have been prepared in their hearts, but when they are about to open, they are still a little uncertain.
What's even more terrifying is that there are large groups such as Wharf, Hang Lung Group, Chow Hing Real Estate, Kowloon Development, Sino Land, and Hong Leong Group, as well as dozens of small and medium-sized groups developing in the Yuen Long area, and there will be a lot of real estate in the future.
And whether Tin Shui Wai can support such a huge market at present, everyone has a big question mark in their hearts.
At the beginning, Li Guangyu and the Heung Kong government signed a three-year agreement to complete the development of this project, but they did not expect that so many real estate groups would enter the Yuen Long area in the future.
Kwok said: "At present, some small real estate companies in Yuen Long have started to sell, although it is far away from the industrial park and several universities, but their land is only due to the high-tech park designated by the government, and the real estate sales of these companies are still good.
This time, we abandoned the previous sales method and sold after it was built, so we were ahead of all the groups, but the sales went backwards. ”
Guo Desheng has nothing to be dissatisfied with this, until after Xiangjiang officially confirmed its return to the mainland, the Xiangjiang property market began to rebound, and the price is in an upward channel, and they can get more benefits after the cap is sold again.
Moreover, the large real estate groups do not know whether they are deliberately letting them or understand the trend of the Xiangjiang property market, except for some small real estate companies in the pre-sale, other groups have not made sales.
The Lee consortium has always been the guiding light of Heung Kong enterprises, and this joint project will inevitably lead to other real estate groups, and there will be more than 100,000 units of housing sales in Yuen Long in a short period of time.
Cao Wenjin said: "Victory, you don't have to worry too much, I believe that the opening of this weekend will be able to give us a huge surprise, besides, this time there are Tianyu Bank, Xiangjiang Bank, Bank of East Asia, etc. to back home buyers, at least the vast majority of tens of thousands of people in Guangyu Industrial Park are willing to buy houses." ”
This time, several major banks have opened up loans to employees of the Li consortium to buy houses, and they are not worried that these employees will not be able to repay.
This is also the confidence of them to jointly build such a huge project, if it were not for this as a backing, they really would not have come here to invest such a huge amount of money for development.
Lee Shau Kee said with a smile: "I believe that with the continuous development of the Tin Shui Wai area, there will be no housing sales there. At present, I think everyone needs to pay more attention to Japan, until after the appreciation of the yen last year, the property market there has also begun to rise rapidly, just like our property market in previous years, everyone should seize the opportunity. ”
In the past few years, the development in Japan has allowed Zhaoji Group to obtain rich benefits, watching the rapid heating up of the Japanese property market, Li Shau Kee is ready to increase investment in Japan, as for the Xiangjiang side, it is okay to slow down.
At present, Li Guangyu's Starlight Real Estate and Xingyue Real Estate are developing in the Japanese market, Cao Wenjin's Wanbang Real Estate, Kwok Tak-sheng's Sun Hung Kai, Zheng Yutong's New World Development Real Estate, Ho's Hongji Real Estate, and Stanley Ho's Shun Tak Real Estate are all increasing investment there, taking advantage of this east wind to earn huge profits in the Japanese market.
Listening to Lee Shau Kee mention the Japanese market, several people sitting here smiled.
Zheng Yutong said: "Now Japan's strength is very strong, especially after the appreciation of the yen, a large amount of domestic capital in Japan has flowed into the property market and stock market, I expect that in the next two or three years, Japan's property market and stock market will rise rapidly, and my New World is ready to suspend the development of other regions and make every effort to enter the Japanese market."
After this vigorous development on the Xiangjiang side, the market has been saturated for the time being, so you can think about it more. ”
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