Since it was a Sunday today, Li Guangyu and the others rarely had a little leisurely time, and in the afternoon, a few people came to the golf course in Shenshui Bay to have some fun.

For golf, Li Guangyu himself has never played it before, and compared with Li Ka-shing, Lee Shau Kee and others, there is a difference between superstars and water cooler personnel.

Fortunately, everyone is just entertaining, and they don't pay much attention to these, these people are busy with the affairs of the group all day, and they are rarely able to relax like this.

Li Guobao and Chen Youqing are better, these two are relatively young, so they are not as desperate as the older generation, they leave home at eight o'clock every day to go to work in the group, and return home from the company at six o'clock in the evening, and sometimes they are often able to go home very late.

As for the non-existence of holidays for them, it is good to be busy with the company's affairs two days a month, and it is simply a luxury to hope that the future generations will work eight hours a day with two days off.

This golf course is mainly for the wealthy in Hong Kong, although the fees are quite expensive, and they are all membership, Li Guangyu still relied on Lee Shau Kee and Li Ka-shing to bring in, and he himself does not have a membership card here.

Of course, if Li Guangyu needs it, it is quite easy to apply for a membership card, and Li Guangyu also asked Du Yonghong to handle it on his behalf.

It's a little more expensive, but the service here is quite in place, and the caddy's appearance is also quite high.

Seeing Li Guangyu hit a few shots, Li Shaoji on the side smiled and said: "Guangyu, you can't put all your mind on the industry, you still need to have a little hobby when you have nothing to do, and you don't need too much exercise to play this, many people at the helm of Western companies also like to play this thing." It doesn't matter if we play together until we are invited, you will be fooled when the time comes. ”

Li Guangyu also knows that whether it is now or in the future, rich people like to play this thing, and if he doesn't learn it, he may really make a fool of himself in the future.

However, this technique is not something that can be practiced in a day or two, Li Guangyu plans to play two shots when he has nothing to do in the future, and he doesn't require how good his skills are, at least he can ensure that he doesn't look foreign.

These people are over for a while, how can they spend all their minds on playing together, and after sitting down in the rest area, they naturally talked about things related to them again.

The focus is on the Taipei MRT, the early construction of the Taipei MRT is quite smooth, and this time they are ready to start entering the Taipei Development Station on the property.

Lee Shau-kee said: "Guangyu, since Line 1 is located in Taipei this time, if we start to develop next year according to the original plan, it will not be good for us to open too many projects at that time." At present, our major real estate groups do not have any major projects to develop here for the time being, and we plan to start developing several sites in the city center now, as for the remote post-press development, so that we will have less pressure. ”

Li Guangyu has no opinion on this, and this time his Starlight Real Estate Group will only develop properties in Taipei, so as not to make it difficult to sell because there are too many real estate projects at that time.

Li Guangyu said: "Fourth uncle, I don't have any problem here, our Starlight Real Estate Group will also suspend the construction of new real estate in other places in Taipei, mainly on the station property, so as not to cause internal friction." ”

This time, the part of the Taipei business belonging to the Hong Kong China Investment Company is mainly based on Cheung Kong and Sun Hung Kai and Zhaoji Group, while the Ho Investment Company is developed by Hongji Real Estate Group, and Tianyu Investment Company is developed by Xingguang Real Estate Group.

Originally, Li Guangyu and they planned to start construction at the end of next year, and when the Taipei MRT was put into use, they would also open the market, which would be quite beneficial to their sales.

Now they are thinking about the demand for buying houses in Taipei, if they don't start developing now, after four years, there will be 12 real estate projects on the market at the same time, and each of them is very large, which is too much pressure.

And now with this development, five or six stations in their city center can be opened two years in advance, and after the Taipei MRT is opened to traffic in the future, the opening pressure they face will be half smaller, and their one-time capital investment in it will be much smaller.

At present, the pressure on their major groups is also relatively great, and their assets in Xiangjiang have also shrunk a lot due to the property market and the stock market.

Especially after the real estate in Japan was sold out, several major groups have made huge profits, and they have the confidence to develop the station property of the Taipei MRT on the treasure island.

Don't look at the fact that they have made a lot of money, but they have invested a lot with Li Guangyu for more than a year, so that they can only watch their wealth continue to rise, and the funds in their hands still seem relatively tight.

Fortunately, there is also the support of the Li consortium behind, they do not have to worry about the possible rupture of the group's capital chain, and the monthly profit of these groups under the Li consortium is nearly 3 billion Hong Kong dollars, which is enough to fill the loopholes of any group.

Now the three new carriages of the Li consortium have begun to take shape, Xingyu Group, Xiangyu Group and Hengyu Supermarket Group, the monthly profits of the three groups are very terrifying.

In addition, its public service enterprises such as Heung Kong Air Transport Group, Kowloon Motor Bus Company and Heung Kong Telephone Company are also very abundant.

This also makes Li Ka-shing and Lee Shau Kee and others more willing to develop the Heung Kong Electric Group and China Gas Group well, as long as these two groups exist, they do not need to worry about liquidity.

Although the real estate industry makes money, the cycle is too long, there is too much unpredictability, and the ability to resist risks is weak, and they also hope that some stable enterprises will support the continued development of the group.

After all, it is far from enough for their major groups to rely on the rent of the property to support the development of the group, and in this regard, their group will need at least decades of operation.

What Lee Shau Kee admires most about Lee Guangyu is that even if the Lee consortium is expanding rapidly, their consortium has never relied on loans to maintain the development of the group, so that no matter what kind of risks they face, they will not have too much pressure.

If you look at some of the bankrupt and bankrupt companies in Xiangjiang, the reason why they can't bear it is that the group's liquidity is too small, and they rely on bank loans to maintain the company's expansion, so they can only go bankrupt and go bankrupt.

Lee Shau Kee, Li Ka-shing and others know very well that relying on borrowing to expand their roots at a rapid pace is not stable, and that the risks of developing in this way are too great, which is not conducive to the long-term survival of the group, and they need to take the initiative into their own hands.

As long as their group has sufficient cash flow support, they can be stable no matter what risks they encounter in the future, and they don't need to worry too much.

At present, in order to obtain stable cash flow, the main thing is to invest in public service enterprises, although the investment amount is large and the return is slow, but they can bring a lot of money to themselves and others every month.

Li Guangyu and they also had some exchanges on the Southeast Asian market, and in recent years, their main focus is to keep the Xiangjiang market, open up the Southeast Asian market, and the Japanese treasure island market, and the mainland market will also be their top priority in the future.

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