In Farmington, Xu Zhi stayed for another week, meeting with the eight board members of Huberline, but did not engage in in-depth negotiations, only discussed some of the company's development directions, and also tested the price, but it was all official polite words, and in the end no one could trap anyone.

During this period, Xu Zhi also met with labor unions and local government officials, and Goldman Sachs also sent a team to arrive, and after signing a confidentiality agreement, the entire team entered the finance department of Huber Lane to conduct a comprehensive financial audit.

This is the inevitable process of acquisition, and the two parties will negotiate further on the price after the liabilities of the other company, the specific business plan, and the valuation of fixed assets are determined.

At the same time, this acquisition is not the same as before, the previous acquisitions are all because of the strategic development of the need for mergers and acquisitions, in order to be able to start as soon as possible, some marginal interests can regress, and this acquisition is not necessary, Xu Zhi naturally can not be so good at talking, the Goldman Sachs team must try their best to keep the price down, he will sign the acquisition agreement.

Leaving two Xiangjiang Chinese who are proficient in English and have management experience in large companies as their eyes to keep an eye on the acquisition, Xu Zhi and his entourage immediately returned home and returned to Xiangjiang.

The time has almost entered September, China and Britain have gone through more than a dozen negotiations, and the content of each negotiation is announced to show better news, but the current stock market and local market in Xiangjiang are still in a sluggish state, after all, without signing a real contract, most people's hearts can not be stable, and the real vision, it has begun to be active in the capital market, waiting for a new harvest.

After more than half a year of construction, Hutchison Whampoa's 2 million square feet (200,000 square meters) of land in Hung Hom has completed the foundations of the first phase of eight office buildings, and a large number of workers are busy building high-rise buildings.

In a rectangular area near the sea, the prototype of a large commercial plaza has emerged, which will be the second largest shopping mall in Hong Kong after Harbour City, and the new commercial center of Hutchison Group, Whampoa Plaza.

On the shore in front of Whampoa Square, a new pedestrian port has been formed, with berths extending to an area of 20 meters from the sea. In later generations, this area was reclaimed by the Hong Kong government, and now Hutchison naturally will not let this happen.

At the same time, the headquarters of Midea and Cheung Hing next to Whampoa Plaza, Times Square in the commercial centre of Causeway Bay, Berth 7 at Kwai Chung Ferry Pier and the residential project in Tin Shui Wai, 30 kilometres away, were also built.

"Hey, isn't this sand table good?" As soon as Xu Zhi stepped into his office, he found that in the center of the room, there was a sand table model, which was empty, and at the same time, there was a factory model and a house model in the northeast corner.

Wang Liming followed behind and said with a smile: "What does the chairman think?"

"Not bad, not bad. Xu Zhi circled the sand table for half a circle and praised: "The entire Tianshui Wai area is so large, although I have been there a few times, but I always can't match some positions in my mind, now I have this sand table, it is indeed much more convenient, just like a bird map." ”

Wang Liming said with a smile: "This is the helicopter I commissioned Cathay Pacific Airways to take continuous aerial photos of the entire Tin Shui Wai for 3 days, and then invited several masters to make sand tables, and created this sand table according to the photos, which took a month, and the authenticity is absolutely as high as 99%. ”

"It's very convenient. Xu Zhi smiled: "In this way, you can let these people build a model of the entire Hong Kong Island and Kowloon area and put it in my office." ”

"The whole Hong Kong Island?" Wang Liming was taken aback and said, "Chairman, this workload is too much, and I am worried that the speed of these man-made models cannot keep up with the speed of the reconstruction of the Xiangjiang Building." ”

Xu Zhi smiled and waved his hand: "As long as the shape is made according to the proportions, and I only value each building, these proportions can't be wrong, and it doesn't matter if some other real estate, parks, or residences are concerned."

The requirements are not so high, as long as I look about the same, including your sand table in Tin Shui Wai, the accuracy is not too low, too high is not necessary. ”

"Okay, I see. Wang Liming agreed with a smile.

Xu Zhi nodded and said with a smile: "Then try to hurry up, when the model is built, we can also see at a glance how many buildings are ours in the entire Xiangjiang, and we can see how cool it should be every day." ”

After the acquisition of Land, Xu Zhi obtained more than a dozen Central buildings, plus the buildings owned by Hutchison himself and acquired by Evergrande before, after the construction of the Exchange Square, it is estimated that there are more than 20 buildings in Central alone, and most of these buildings are close together, connected by glass bridges, becoming the core commercial area of Xiangjiang.

"Sit down. The two came to the edge of the sofa, and Xu Zhi asked, "What is the important thing about Evergrande at present?"

"Chairman, I came to you today for two things, the first is that the first batch of residences in Cathay Pacific New Town in Tin Shui Wai has been developed, according to the laws of Xiangjiang, it has reached the time for pre-sale, but the current real estate market has not yet recovered, and the Sino-British negotiations do not know when they will end.

But the problem is that Cathay Pacific Real Estate is our main real estate, with a total of more than 3,000 residences, and the amount of investment is not small, and in order to take care of those long-term unemployed workers, we did not ask Party B Construction Company to advance funds, plus Evergrande acquired the former Jianing Center, and at the same time is responsible for the Times Square project, the capital is already very tight, so I want to consult the chairman, what should we do?"

"Then what do you think should be done in the case of tight funds?" Xu Zhi did not answer directly, but asked rhetorically This question is not complicated, but Wang Liming does not have the power to decide what to do.

"According to the requirements of the chairman of the board of directors, the project of Times Square needs to be held for a long time, and Evergrande Center (formerly Jianing Center) is naturally impossible to sell. Wang Liming obviously had already set the answer.

"Then so be it!" Xu Zhi said with a smile: "Even if the Sino-British negotiations are over and things are going in a good direction, it is impossible for the housing price to skyrocket.

Besides, if the house price keeps rising in the future, you can't keep this real estate unmoving! We still have a large amount of land in Tin Shui Wai, and this real estate is just a drop in the bucket. ”

In the real estate market, not all real estate companies like to hoard land, especially small real estate companies, the process of hoarding land can indeed make money with the rise in land prices, but the money earned only by hoarding land is dead and does not flow, and real estate companies take the route of leveraged financing, rapid development, rapid return of funds, and fast entry into the next project, because of the relationship of leverage, as long as the house price has been rising, then the money earned far exceeds the land hoarding.

Generally speaking, the reason for the real estate company to hoard land is nothing more than that the location and area of the land held by the company are very good, and the short-term development is not cost-effective, or the company has limited funds and cannot develop several real estate projects at the same time, or it knows the future land price and decides to postpone the development.

Of course, Xu Zhi also knows the future land price, so he bought Tin Shui Wai as a sole proprietorship, but such a large piece of land is impossible to hoard for one-time development in the mid-90s when the housing prices were at their highest, right?

In order to increase the flow of people in Tin Shui Wai, it was necessary to rely on the low price at the beginning to attract popularity, and eventually realize the development of the entire new town.

"Okay, I'll announce the opening of the building tomorrow. Wang Liming said with a smile.

Xu Zhi suddenly thought of a question and said: "By the way, give priority to asking the nearby factory employees to see if they are willing, forget if they are not, we don't force it, if they are willing, it will naturally be better to sell it to them." ”

"No problem. Wang Liming reassured and asked another question: "Chairman, there is one more thing, the new thermal power station of HK Electric Group on Lamma Island has been completed, and the entire power plant will be relocated in the near future."

And the current location of the old power plant, will we do it as real estate after we take it back?"

"I know that the location is good, but it is not suitable for office buildings, and there is no long-term holding value, so let's make it a residence!" Xu Zhi thought about it and said, the land left by HK Electric is actually the famous South Horizons Peninsula in later generations, and it is one of the famous top real estate projects in Xiangjiang. Located on the southwest side of Hong Kong Island, across the sea from Lamma Island, it is a sea-view house, and it is only less than 10 kilometers away from the Central business district, and there are many famous scenes around, such as Ocean Park, Pok Fu Lam Country Park and so on......

The proximity of the site means that the site is only suitable for residential projects.

Wang Liming said: "I think the same way, this land area is large enough, the location is good, but it is still the same problem, Evergrande does not have enough funds, and it is difficult to develop." ”

"In this way, Evergrande will develop this project with Hutchison before, Evergrande will develop the land and Huang will develop it together, as for how to invest how much and how to distribute the income, you will discuss it internally. Xu Zhi thought about it and said that in Xiangjiang, when the local real estate company has land and no money, the introduction of foreign capital is the most common method, although to a certain extent to share the profits, but this is also a channel to increase their own resources, and the early return of funds can be used in the future to make more profitable investments.

What's more, Hutchison is also its own company, and although it is also carrying out several large-scale investment projects at the same time, there is still some spare funds, and it is not a problem to add an initial development of a residential project.

"Okay, then I'll go to Ma Shimin, after the completion of this project, Evergrande's funding problem should be solved. Wang Liming said with a smile.

......