In the blink of an eye, it soon came to the end of February.

With the announcement of Hutchison Whampoa at the beginning of the month that it will carry out large-scale development of Aberdeen's land, the stock price, which has been relatively stable, has gradually increased by a few percentage points, especially a few days ago, Fok Yiu-man and Fok Zhenting and Zhou Qibang held a groundbreaking ceremony together, and the stock price once rose by more than two yuan.

The stock price has risen, coupled with the recent rise in house prices.

This not only made the members of the Hutchison board happy for several days, but also gave them the idea of continuing to develop the remaining few plots of land held by the company on Hong Kong Island and Kowloon.

So at the board meeting at the end of the month, someone made this suggestion.

"No, I can't. ”

Without saying a word, Huo Yaowen directly shook his head and rejected the director's suggestion, looked at the man's puzzled appearance, and explained: "Now the company's liquidity is not abundant, if it is not for the cooperation of the two companies of Lixin Real Estate and Kowloon Real Estate, it is impossible for us to build the garden community of Aberdeen by ourselves, so the remaining few pieces of land do not need to be considered for development before the expiration of the contract signed with the government." ”

The director chased after him: "Then we can continue to find other real estate companies to cooperate in the development." ”

Someone chimed in: "Moss is right, the chairman can contact other real estate companies to develop together, now the Hong Kong real estate industry has a trend of recovery, coupled with the recent document issued by the Lands Department on the shared area, I think the development can definitely make the company make a lot of money!"

"Yes, housing prices have risen recently, and we can take advantage of the current good situation to start the development of multiple projects at the same time!"

Since the outbreak of the stock market crash in 73 years, Hong Kong's economy collapsed suddenly, the real estate industry has been difficult to do, on the one hand, the decline in housing prices, on the other hand, ordinary citizens do not have the ability to buy houses, resulting in many properties have been empty and not sold.

However, now three years later, all walks of life have gradually come out of the shadow of the stock market crash, the economy has gradually recovered, and housing prices have begun to rise slightly.

Seeing that most of the directors were chattering and discussing, they seemed to agree with the remaining few pieces of land of the development company, Huo Yaowen did not interject, and when they were almost done, he smiled slightly: "I know that Hong Kong's economy has improved greatly, and it is definitely possible to make a lot of money by developing a few pieces of land to build a residential community at this time, and I myself also hope to develop the land." ”

"Then why did you just say ......, chairman?"

"Mr. Moss, I want you to hear me finish. Huo Yaowen looked at the person who interrupted him dissatisfiedly.

Perhaps sensing the disgruntled eyes of the chairman, Director Moss squeezed out a smile, as if he wanted to break the awkward atmosphere.

Seeing that no one was talking, touching his brows, Huo Yaowen continued: "As for why I don't agree to the development, it's because the company has only eased up for a long time, even with loans from Citibank and Royal Bank, we are still facing a lot of debt problems, and the funds are very tight! This is the first factor I disagree with!"

"Perhaps, as you just said, we can find a few companies to cooperate with like we developed Aberdeen, but you must know that if we have sufficient funds at Hutchison Whampoa, Aberdeen can be developed independently!"

Speaking of this, Huo Yaowen glanced at the dozen directors in the conference room, and said flatly: "Aberdeen Garden Community, 28 residential buildings will be built, and 5,898 units are expected to be built, according to the designed residential area, the average unit is 1,000 feet.

Coupled with the Lands Department's latest pooled area ordinance, each unit can be estimated to be 1,200 feet (about 110 square meters). The total estimated residential area of all residential areas together is 7,077,600 square feet, and the residential area of 7 million square feet, even if calculated according to the lowest transaction price last year, the total income will be 880 million yuan!"

"880 million!"

"So much!"

"It seems like so much. ”

As soon as I heard that all the real estate was sold, there would be a profit of 880 million, and suddenly the whole conference room began to talk about it again.

"This is not counting the two parking lots on the ground and underground that we have built, as well as the property fees charged by each family every year in the future, it is conservatively estimated that the minimum total income of the development of the Aberdeen Garden Community alone is about 1.5 billion!"

Huo Yaowen didn't wait for these people to finish talking, and threw another bombshell.

"1.5 billion!"

"The company only occupies 43% of the shares of Aberdeen Real Estate Company, so wouldn't we only be able to earn 500 million?!"

Suddenly, the directors, who had been happy to cooperate with others in the development of the land, suddenly regretted it and longed to return to the meeting more than a month ago to stop the chairman.

Regarding the reaction of the board of directors, Huo Yaowen had already expected it, after all, anyone who heard that they could earn 2 billion would be excited, but at least 500 million of the 1.5 billion needed to wait for 30 years.

After all, it is impossible for people to pay property fees for decades at one time. This 500 million is a price set for the long term.

Huo Yaowen will definitely not take the initiative to tell the directors about these things, he threw out 1.5 billion at once, just to dispel these people's idea of continuing to develop real estate.

Now Hong Kong's housing prices have risen greatly compared to a few years ago, and even after the stock market crash, they are still very strong.

Since 1968, when he was reborn, the average house price in Hong Kong was about 60 yuan per square meter, and a thousand-square-foot mansion was about 60,000 yuan, which was about 600 yuan per square meter. (The square meter is counted directly at the back)

In 1970, only two years later, the average property price per square meter rose to about 1,100 yuan, and on the eve of the stock market crash in 1973, it rose to 2,400 yuan.

It is equivalent to saying that in only five years, with almost no increase in per capita wages, a house of about 100 square meters has risen from 60,000 yuan to 240,000 yuan, an increase of about 4 times.

After the stock market crash broke out, 2,400 yuan fell to about 1,500 yuan, and in the middle of 74 years, it once fell to 800 yuan per square meter.

This kind of decline from the top of the mountain to the trough has almost bankrupted many people.

This is also one of the reasons why Hutchison & Co. almost went bankrupt after buying a few pieces of government land because of its investment in real estate.

The house price of 800 yuan per square meter lasted for almost half a year, although there was a small increase or fall, but it did not affect the total average house price.

The first large-scale rise in housing prices was when the Queen of England came to Hong Kong last year, and it rose to about 1,200 yuan, which is a small peak period, and the impact on the overall property market in Hong Kong is not particularly large.

The real sharp rise has caused the property market in Hong Kong to gradually recover on a large scale, and it is half a month after Huo Yaowen acquired Hutchison & Co., the Yankees unconditionally announced the withdrawal of troops from Vietnam!

In fact, the Yankees' withdrawal from Vietnam seems to be a bull's head and the rise in housing prices, except for some international trade companies, or listed companies doing business in Southeast Asia, whose stock prices have risen slightly, and the overall income has little to do with it.

But after the war, the Vietnamese government expelled a large number of Hua descendants and some xx people, resulting in more than 100,000 people smuggled from Vietnam to overseas.

Since September last year, the average house price has risen from 1,200 yuan per square meter to 1,500 yuan. At the end of December, it rose to 2,000 yuan, and there is a trend that housing prices will really pick up!

This is also why, in August last year, Xiao Li created a shared area, which can get the support of so many real estate tycoons, after all, these real estate tycoons, who does not have a think tank or advisory group?

Although they can't predict the house prices in ten or twenty years, the property prices in recent years can still be predicted from all aspects.

Fortunately, Huo Yaowen reached an agreement with Qi Dezun in mid-August, and successfully acquired 33% of the shares of Hutchison in early September.

In the history of another time and space, HSBC won the shares of Hutchison & Co. in June, and then lent more than 200 million yuan to Hutchison & Co., and merged Whampoa Dockyard into Hutchison & Co., and changed its name to Hutchison Whampoa, wanting to come out of the banking industry and make great achievements in business!

Although backed by HSBC, Hutchison & Co. is not particularly profitable because of debts and a large number of losses in its subsidiaries, and when Xiao Li acquired Hutchison Whampoa shares in 1979, Hutchison had a market value of about 7 billion.

At that time, Xiao Li received the support of the charter king and HSBC Taipan, and spent almost 630 million yuan to acquire 22% of Hutchison's shares, but in fact, the amount he paid was only 20 million US dollars, about 110 million Hong Kong dollars, and the rest of the money was paid off within half a year.

It is precisely because of this transaction that Xiao Li has been the richest man in Hong Kong for decades.

It's just that that's the history of another time and space, and now Hutchison Whampoa Huo Yaowen has the final say, and he is the largest shareholder of Hutchison!

...

Remember the mobile version URL: