"This is thanks to Xu Shengxiang!" Bao Fuda said lightly, although he obtained this land, the budget was much higher than before, if it were not for the person in front of him, Hongkong Land would definitely save hundreds of millions of Hong Kong dollars in this auction.

But this is just normal business competition, when the real estate auction, no matter how good the relationship is, the two people who usually have a good relationship may be red-eyed, but after the auction, they must laugh and grudge, because this is the rule of the business world, even if there is a grudge, you can't show it, otherwise it will become a joke for everyone.

However, this piece of land is also bound to be obtained, Hongkong Land has 10 buildings in Central, as early as 10 years ago, the layout of these buildings in the form of a flyover, the land of the bus terminal is an important part of it, without it is not perfect.

"Haha, it's still not as rich as Hongkong Land. Xu Zhi smiled and said: "With this piece of land, Hongkong Land is really calling for wind and rain in Central, but I heard that things at the Hilton Hotel don't seem to be going very well recently." ”

"Thank you Xu Sheng for your concern, it's just a few small problems, and it's almost solved. Bao Fuda replied with a frown.

Hongkong Land and Jianing have been working together to buy the property of the Hilton Hotel from Hutchison Whampoa for almost half a year, but they could not imagine that they would encounter so much trouble if they wanted to demolish a hotel.

Hilton Hotel is naturally reluctant to give up such a cornucopia, and according to the agreement between Hutchison and Hilton Hotel that year, the breach of contract to recover the hotel management agreement needs to compensate 330 million Hong Kong dollars, which is not a small amount.

Because it involved overseas companies, the lawsuit lasted for three whole months, and it also became a topic of conversation in the Xiangjiang media, and in the end, the Hilton Hotel did not suppress the head of the snake, collected 230 million Hong Kong dollars, and withdrew from the Xiangjiang market.

However, just as Bao Fuda and Chen Songqing were about to demolish the hotel, they found that there was another problem: before leaving, the Hilton Hotel had signed long-term cooperation agreements with several "large overseas travel agencies" that they had never heard of, and these travel agencies also went to court with Hongkong Land because they held legal contracts in their hands.

At the same time, the Hilton Hotel has a group of long-term guests, from Japan, the United States, Europe, South Asia, and Africa, who refuse to leave no matter how much compensation the land promises.

Hongkong Land and Jianing are not fools, they naturally know that there must be someone behind this, but they don't know who is behind it, and in the absence of evidence, they can only solve these problems one by one through legal procedures.

In the end, it took half a year for Hilton to finally lay off all hotel staff and solve the conflict with overseas travel agencies and long-term hotel customers, but at this time, the real estate industry had begun to languish and room rates began to fall.

"I don't know when the hotel is going to be blasted? Xu Zhi smiled and said that in Xiangjiang, blasting will be used when many old buildings are demolished, but these are basically some old residential buildings or office buildings with about ten floors, and the Hilton Hotel building was once a landmark building in Xiangjiang.

"It is estimated that it will be next month, and the specific decision will be made by the Hong Kong government. Bao Fuda replied.

"Well, don't forget to let me know when the time comes. Xu Zhi nodded and said with a smile, the Hilton Building is located in the prime location of Central, the Central Building is blasted, and all the surrounding buildings will inevitably be emptied, which naturally requires an executive order from the Hong Kong government, and because of the impact on others, Hongkong Land is estimated to spend hundreds or even tens of millions of Hong Kong dollars to compensate.

"No problem. Bao Fuda agreed: "Xu Sheng, Hongkong Land has cooperated with the Bank of East Asia several times before, and it is very pleasant, I wonder if we can cooperate again in the development of Sino-Brazilian land."

"More than 5 billion dollars, the Bank of East Asia can't get it. Xu Zhi shook his head and vetoed, although the current Bank of East Asia is developing rapidly because of his additional capital injection, compared with old banks such as HSBC Standard Chartered Hang Seng, the foundation is still too weak, 500 million can still be taken out, but 5 billion is really powerless.

Bao Fuda said with a smile: "Xu Sheng, the price of this piece of land is so high, it is estimated that no company in the entire Xiangjiang can come up with so much cash at one time, and the Hong Kong government's request is to pay in batches, and the first amount of funds is only 1 billion." ”

"1 billion can be considered, but in terms of interest, it must be in accordance with the rules. Xu Zhi nodded and said.

"No problem. Bao Fuda said with a smile that Hongkong Land has had too many loans over the years, and although its partner HSBC can continue to support it, it is a business rule not to put eggs in one basket.

No mature company will put all its capital into one industry, and the same is true for loans, and there will be certain risks in choosing the same bank for loans.

"Well, in that case, when Hongkong Land and the Hong Kong government have completed the legal process for this land, they can apply for a loan with the Bank of East Asia. Xu Zhi nodded and said that he had completed some of Hongkong Land's layout before, and now Hongkong Land's application for a new loan is only an ordinary business activity, and the amount is not very large, and this part is naturally negotiated by the team of the Bank of East Asia.

Bao Fuda smiled politely: "Okay, then thank you Xu Sheng!"

......

After Bao Fuda left, Xu Zhi asked, "How many shares of Hongkong Land and Jardine Matheson have we acquired during this time?"

"Jardine Matheson is currently buying almost 4 per cent, while Hongkong Land is almost 7 per cent. Wang Liming replied.

Xu Zhi frowned and asked, "Jardine's stock price should be lower, right? Why did you buy less?"

Xiangjiang's capital market has always had a small business model, such as the entire Jardine Matheson system, the total market value of Jardine Matheson Group is less than half of Hongkong Land, and then the relationship between Cheung Kong and Hutchison Whampoa, Hutchison has a much higher market value than Cheung Kong Industrial, but it is controlled by the latter, which is a way of capital operation, which can ensure that the most assets are controlled with the least amount of funds.

Wang Liming explained: "Chairman, many of the shareholders of the Jardine Matheson Group are companies or institutions located in the United Kingdom, and there are not many shares circulating on the stock market.

As for Hongkong Land, because of the continuous expansion over the past hundred years, especially in order to forcibly acquire the dairy company eight years ago, the exchange of shares for shares has also led to a large number of liquid shares in the market. ”

"Okay, then go ahead and buy. Xu Zhi smiled, looked around again, and said, "Go back!"