On Saturday afternoon, Lee arrived at the Heung Kong Real Estate Developers Association, a rather special meeting that has rarely occurred in recent years since the defeat of the Heung Kong British Consortium, especially one that requires all members except in exceptional circumstances.

It's not just that the Li consortium has its own calculations, but now that there is no great enemy of Xiangjiang British and foreign companies, these Chinese-funded families have also lost their cohesion, and when there is no external pressure, for their own interests, the former allies have also moved towards confrontation.

Today, many real estate companies at the helm of the target of the Li consortium, some of the Li consortium practices deeply hurt their interests, if not for the lack of strength, it is estimated that these helmsmen will suppress the Li consortium.

Although Li Guangyu has changed a lot of things, what has not changed is the main business of the top management of Xiangjiang, whether it is in the past life or now, the group of people at the top of the business community in Xiangjiang definitely have real estate companies under their own, and even most of them are based on this main business.

Today's meeting also includes 90% of the middle- and upper-class families in Hong Kong, and they also have a deep impact on the financial situation in Hong Kong.

At the beginning of the meeting, President Huo Yingdong said: "Seeing that it is coming to our Spring Festival, it is not appropriate to hold this meeting today, and everyone is busy now, but at the request of many members and managing directors, I still agreed to hold this meeting, and I hope that through this meeting, we can better communicate and promote our common development."

Our chamber of commerce was founded in the 60s, and now it has been more than 20 years, and our original intention was to hope that our Chinese family can unite and compete with the British-funded foreign firms. ”

Now everyone knows the situation in Xiangjiang, the retreat of the Xiangjiang British-funded consortium and the retreat of the retreat, there is no longer the strength to compete with their Chinese-funded group, and the strength of each family is getting stronger and stronger, and it is no longer as weak as before, and there is no need to unite other families to compete with the Xiangjiang British-funded consortium.

In addition, the Xiangjiang market is only so big now, and if each company wants to develop, it must squeeze out the market of other enterprises, which is not a simple cooperation that can solve the problem.

And at present, Xiangjiang has a hard rule that only 50 hectares of land will be sold every year, which has intensified the competition between the families, there is so much land, how can it be enough for so many real estate companies, it is impossible for their companies not to develop, if they are evenly divided into all companies, then it is estimated that everyone's company will be finished.

The situation is different, people's hearts are naturally different, now everyone wants to take the land transferred by the government every year into their own hands, they are all real estate development, if there is no land they take what to develop, how can the company develop.

He Hongsen of course knew what the main problem of this meeting was, as the vice president, he said: "In the past few years, without the suppression of British-funded foreign banks, many of our corporate leaders have their own careful thoughts, and even some people only have their own interests in their eyes, and they will not consider the future development of Xiangjiang at all, let alone the interests of the five million citizens of Xiangjiang."

Don't you know how big the Xiangjiang market is, there are only more than 5 million people here, how many real estate companies we have here, how can this meet your development?

Some people feel that we are blocking their interests and that we have caused the current situation of oversupply in Xiangjiang, and hope to return to the previous model of building slowly in one phase at a time, and one project can be as short as five or six years, and as long as more than ten years.

I'll admit that you can make more profit this way, but have you ever thought about what this would happen.

Regardless of whether you grew up in Xiangjiang or not, but everyone has developed in Xiangjiang for decades, this is everyone's common home, and it is also where our foundation is, and it is definitely not conducive to the future development of Xiangjiang with the ideas of some of you, and people who think like this are absolutely selfish. ”

He Hongsen's words were very long, and the members present knew that the meaning expressed by He Hongsen represented the meaning of the Li Foundation and the Heung Kong Foundation.

Some members have opinions, thinking that He Hongsen is standing and talking without backache, whether it is the Li consortium or the Xiangjiang consortium, they are all developing comprehensively, although they also have real estate, but real estate is not their only pillar.

Not to mention the Li Consortium, in addition to many real estate groups, the Heung Kong Consortium also includes finance, China Gas, Heung Kong Electric Lighting, hotels, retail, jewelry, media and entertainment, tourism, shipping, textiles and other industries.

The loss of real estate can be made up by the Li Consortium and the Xiangjiang Consortium in other industries, and the citizens of Xiangjiang will also praise them.

But they are a lot different, they are counting on making money here, if they continue to develop like this, it will be difficult for their companies to survive in Xiangjiang, after all, their capital is far less than the Li consortium and the real estate group under the Xiangjiang consortium.

For the development of a project, he also needs to take out a loan from the bank, which will not be low, the Li consortium and the Xiangjiang consortium do not exist, they both have their own banks, but they are just left hand to right hand, and they are not worried about the pressure of loan interest at all.

Moreover, these large groups have a very large scale of development each time, which also reduces their construction costs, which results in the same price, and their profitability is much lower than that of the real estate companies under the two consortiums.

And they don't dare to sell at the price of the two major consortiums, and now the supply relationship between the Hong Kong property market is not tight, at the same price, the public will only choose the real estate of large groups such as Starlight City, Zhaokee, Sun Hung Kai, etc., and they will be interested in their small real estate at all.

Multiple reasons have led to the current property market price, some large real estate groups can make money, while many small and medium-sized real estate companies can only get a little profit, and even have the possibility of loss.

This makes them quite reluctant, ten years ago it was definitely not the current situation, at that time, even if there was a British-funded consortium, they would not be unable to make money, and now the Li consortium and the Xiangjiang consortium are obviously harming others and themselves.

And what makes them feel most uncomfortable is that several real estate groups under the Li consortium and many groups under the Xiangjiang consortium are building a large scale in the Japanese property market, and when they are getting amazing benefits there, they are still making them uncomfortable on the Xiangjiang side.

If these groups go out to develop with peace of mind, they won't say anything, they are not afraid that the Li consortium and the Xiangjiang consortium are afraid, now the company's development is the most important, if there is no high profit, how can their company grow rapidly.

Originally, it was okay to build so many houses on a large scale in Tin Shui Wai at one time, after all, it was required by the Governor, but this time Starlight City announced that it would build a second Tin Shui Wai in Tseung Kwan O, and the one-time development was tens of thousands of residences.

Starlight Real Estate Group is rich and capricious, and can make such a big plate at one time, but they are miserable, there are so many people who buy houses in Xiangjiang every year, and once Starlight City is established, it will make many small buildings difficult to buy, and the price of Starlight City is moderate, how can their prices rise, which is what many small and medium-sized real estate companies do not want to see.

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