Chapter 523: An Opportunity I Don't Want to Miss
At 7 o'clock in the evening, Li Guangyu, accompanied by Du Yonghong and others, went to the Peninsula Hotel to attend the CITIC Group's investment promotion and cooperation meeting. Because Cao Weiqing was pregnant, Li Guangyu did not let her attend this time.
When Li Guangyu arrived, the banquet hall had already arrived at the helm of many companies, and Zheng Yutong was relatively busy here. This is the first time he has had such a large banquet since he bought the Peninsula Hotel, and he has received countless greetings here tonight.
Li Guangyu didn't stay with him long after saying hello to Zheng Yutong, except for the Rong family head and Huo Yingdong who were very busy tonight, Zheng Yutong was the busiest, and Li Guangyu didn't want to disturb him here.
Li Guangyu found a remote corner and sat down, waiting for the arrival of Li Ka-shing and others. It seems that Li Guangyu came a little earlier today, and Li Ka-shing, Cao Wenjin, Lee Shau-kee and others have not yet arrived here.
When Li Guangyu's thoughts were flying, he suddenly heard Cao Zhoumeiqi's voice coming: "Guangyu, why are you here alone." ”
After Li Guangyu came back to his senses, he immediately got up and said hello to Cao Wenjin and Cao Zhou Meiqi.
After a few people sat down, Cao Wenjin said, "Guangyu, do you have any plans for today's party?"
Li Guangyu really doesn't have any plans for himself, he just came to see the excitement, he doesn't have any big investment plans now, and he is bent on saving more funds for the future.
Li Guangyu does not even dare to borrow money from his own bank, he knows that the banking crisis that will follow after the property market crash, when the time comes, the banks in Hong Kong do not know how many will fail, and there will be a crisis in the Hong Kong dollar, and he needs enough cash to deal with this crisis.
As long as the opportunity is seized this time, the Li Group can struggle for many years less. Li Guangyu can't count using the funds elsewhere, and those profits are higher than the profits in this crisis.
Li Guangyu said: "Father-in-law, I have no new investment plans at present, and within half a year, the Li Group will suspend all new investment projects to focus on stable development." ”
Cao Wenjin felt a little curious when he heard Li Guangyu's words, his son-in-law still knows him very well, and he has been investing in some new projects in the past few years, even when the stock market fell sharply last year, he was also making some investments in new projects.
This time he didn't invest in new projects for half a year, but he was a little uncomfortable, if it was in other families in Xiangjiang, it was just a normal thing not to invest in new projects in just half a year, but Li Guangyu gave him the impression that he was constantly developing, and he had no intention of stopping.
Cao Wenjin has been rolling in the business sea for decades, and he doesn't know some of the meanings contained in Li Guangyu. The Li Group is not without money, at this time Li Guangyu began to prepare funds, and the time is half a year, he can guess that there is a problem in the Xiangjiang property market, and it is estimated that it is also during this time.
Li Guangyu is now preparing funds, and he will definitely enter the market to buy the bottom when the time comes, but he knows that Li Guangyu is very optimistic about the future development of Xiangjiang.
Cao Wenjin feels that at this time, he also has to prepare some cash, and once the property market is at a low point, he can follow Li Guangyu to buy some real estate, and after the property market recovers, he can also make a lot of money.
Moreover, Cao Wenjin plans to go to the bottom of the office building and shop storefronts at that time to rent them out in the future, so that he will not have to worry about funds with these rents in the future.
In the ensuing casual chat between Cao Wenjin and Li Guangyu, Li Ka-shing, Lee Shau-kee, Kwok Tak-sheng, Stanley Ho and Feng Jingxi came here one after another.
Stanley Ho said: "Guangyu, what do you think about the problem of the Taipei MRT now, Youguang was also sent to Taipei by me, and Qinghong is also over there, we can't keep spending on this matter." ”
Li Guangyu still has the intention to invest in the Taipei MRT, but the current funding problem is indeed insufficient, and there are some problems on the treasure island side that have not yet been discussed.
Li Guangyu said: "Uncle Nine, Uncle Zheng, what do you think?"
Stanley Ho also learned a lot about the Taipei MRT, and if it went well, they could make a lot of money in it.
Moreover, once the Taipei MRT is completed, they will be able to obtain a steady stream of cash profits, which is very suitable for long-term family holding.
Zheng Yutong said: "Guangyu, as long as the policy of the Baodao government can be implemented, we think we can still invest, but on the issue of capital investment, we still need to continue to communicate, the initial capital that Baodao requires us to enter is too high, and it is not conducive to our development to invest so much money before the construction starts." ”
Li Guangyu also knows what the Baodao government is worried about, once their start-up capital is too small, in case something happens halfway, the Taipei MRT cannot be completed on time due to financial problems, and it will be a little difficult for the Baodao government to deal with it.
Li Guangyu said: "For the time being, let that side delay a little, there will be no problem after next year, then I will have enough funds to invest in the Taipei MRT, and we do not need to meet the planning of the Ministry of Transportation of the treasure island at one time, we have a line of investment, and at the same time we must get the property development rights on each station, otherwise it will be difficult for us to recover the cost in the short term by relying on subway operation alone." ”
There is no real estate company in the hands of the sitting, they are already familiar with the development model of the subway in Xiangjiang, especially Zheng Yutong has cooperated with Chen Zengxi many times in this, he is very aware of the profits here, even if the housing prices in Taipei are not as high as those in Xiangjiang, they can also reap a lot of profits.
However, Li Guangyu said that he had insufficient funds, and these people here did not believe it, and if he only invested in the wooden grid line of Taipei MRT Line 1 this time, the estimated cost would be less than 10 billion Hong Kong dollars, and Li Guangyu would definitely have the strength to fund alone.
Stanley Ho said: "In this regard, you can ask Qinghong to communicate with them, I estimate that they are just asking for a price, if the five lines they plan start construction at the same time, the total budget exceeds 45 billion Hong Kong dollars, which is not an ordinary investment company can join." You must know that such a long-term project, with the rise in prices, the actual cost will definitely be much higher than now. ”
And the most important point is that multiple lines are started at one time, which is not conducive to their real estate development, and the stations on one line are enough for their major real estate groups to develop for many years.
If there are so many sites at once, even if they have the capital to develop so many properties, it will not be good for them in terms of sales, and they will not be able to sell the price if they build too much.
And which of these is not a human spirit, Li Guangyu is thinking about buying the bottom, they also have such a plan, especially Li Ka-shing and Li Shau-kee, who have been preparing funds early, and once the property market is at a trough, Cheung Kong and Zhaoji will definitely pounce on the bottom.
As for the Taipei MRT, they are not too anxious, this opportunity on the Xiangjiang side has only been such a time in many years, and they will not let it go.
The Taipei MRT has been planning since 73, but due to the pressure of funds, it has not been implemented, and it is estimated that the Baodao government does not care about delaying it for another year or two.
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