Chapter 70: The Gluttonous Feast
The Xiangjiang stock market has been fluctuating since October, and the traders hired by Wang Jie have begun to take place one after another. In fact, since Margaret Thatcher stumbled in front of the Great Hall of the People, the stock market situation in Hong Kong has been very sluggish. But fortunately, China and Britain are still negotiating, and the citizens are waiting and watching, and there is still a trace of luck in their hearts.
As we enter November, the first round of the first phase of the Sino-British negotiations is coming to an end, and the spokesmen of both sides are very vague. However, it can still be seen between the lines that the negotiations have been deadlocked, and there has been no progress in the negotiations in the past two months.
On October 25, Wang Jie ordered the traders to start building positions, this time Wang Jie used 200 million US dollars, about more than 2 billion Hong Kong dollars, this time there is Wang Jie's troubles, it is estimated that there will be more bankrupt businessmen in Xiangjiang.
In the first week of November, the British government in Hong Kong began to advertise that once China took back the Hong Kong River, Hong Kong Island would be plunged into chaos. The major Xiangjiang media also followed suit to create public opinion and fan the flames. The Hang Seng Index fell from 941 to 703 in three days, and is still falling, starting on November 9, when the Hong Kong stock market was only a slow decline in the first two months.
The worst fall was by real estate companies, and while the stock market fell, Hong Kong's property and land prices also plummeted. The tender price of an industrial site in Kowloon Bay, Hong Kong, fell from $150 million to $15 million, a drop of more than 90%.
Why has land prices fallen so dramatically in Hong Kong?
According to the "New Territories Lease" signed between the Qing government and the United Kingdom, the New Territories will be returned to China after 99 years (1997), which makes the legal period of the New Territories land sold by the British government only ten years old.
The term "97 limit" became popular in Hong Kong, which roughly means that all land bought in the New Territories will be repossessed and confiscated by the Chinese government in 97.
Who would dare to buy it?
In addition, last year the UK enacted the British Nationality Act 1981, which stipulates that anyone born in a British Dependency is eligible to become a British citizen, provided that one of the parents is a British citizen or settled in the UK.
The introduction of this bill caused a wave of immigration in Hong Kong in 1981, and many Hong Kong people applied to immigrate to the UK in order for their children to become British citizens. This move caused the property market in Hong Kong to plummet last year, and then gradually stabilized, but now because of the British promotion of public opinion in Hong Kong, the wave of immigrants in Hong Kong has broken out again, which has further pushed the property market on Hong Kong Island to plummet.
In the office of the president of Jiayi TV Station, Hua Sanshao, who came over all the way, said straight to the point: "Brother Wang Jie, this time the public opinion created by the English is menacing, and several old leaders in the family hope that your TV station can cooperate with Xinhua News Agency." ”
"What kind of cooperation method?" asked Wang Jie. To be honest, he didn't want to get involved in this kind of thing, after all, the British government still had to rule Hong Kong for more than ten years, and he still needed his grandfather's help in many things.
Hua Sanshao said with a smile: "It's not that your Jiayi TV station wants to show its support for Huaxia's position, you just need to objectively publicize the policies of the Huaxia government on the TV station." Deng Gong asked me to tell you, it can be summed up in six words: 'horses run according to the horse, dance and dance', and the Chinese government promised that the original system would remain unchanged after the recovery of Hong Kong Island. ”
Wang Jie thought for a while and said: "Is this okay, I invite the editor-in-chief of "Wen Wei Po" and the vice president of Yindu Organization to be guests, and everyone will go to the new program "Xiangjiang Time and Space" recently created by Jiayi News Channel to talk slowly, so that they can publicize the Chinese government's policy on Hong Kong Island." In addition, in the news program, I can also help you promote it appropriately. ”
Seeing Wang Jie's cooperation, Hua Sanshao said happily: "The government and the people will not forget Wang Jie's contribution to the reunification of the motherland. ”
Sending Hua Sanshao away, Wang Jie sighed and called Liang Shuyi to give instructions. If it weren't for the prosperous market in China decades later, Wang Jie would not be so enthusiastic, after all, he is a mixed-race child who will not be recognized by both sides in this life.
Now at the most important juncture of the first round of negotiations in the first phase of the Sino-British negotiations, both China and Britain are playing the mass card and trying to pull the people of Hong Kong Island to their side. In the past few days, the newspapers in Xiangjiang's middle and British newspapers have once again set off a war, and even the scumbag "Ming Pao" has been involved.
More than 10 years ago, the scum Yong was called "Jackal Yong" by the leftist newspapers in Xiangjiang, and the original words were "the best traitor dog gall jackal Yong, a vicious dog with anti-bone yin and dampness." ”
However, at this time, "Ming Pao" was obviously on the side of the Chinese mainland, becoming comrades-in-arms with the leftist newspapers in Xiangjiang, and sparing no effort to propagate Huaxia's policies - last year, the scum Yong was personally received by Deng Weiren.
Contrary to the position of "Ming Pao", this time Shao Yifu's TVB is biased towards the British side, after all, Shao Yifu is a knight who was knighted by the Queen of England. Wang Jie secretly speculated that Shao Laoliu, who had always been slammering, suddenly decided to donate 100 million yuan to China every year a few years before the return of Xiangjiang, wouldn't it be a show of goodwill to the Chinese mainland to cover up the case record of helping the British speak at this time!
TVB helped the British side to publicize, and Wang Jie's Jiayi TV station was naturally favored by the Chinese government and became a public opinion weapon against TVB. As for Li's TV station, because of the contradictions in the station and the miserable ratings, they can only beat the side drum and play soy sauce.
Public opinion from the outside world has attracted the attention of all Hong Kong Islanders, after all, the outcome of the Sino-British negotiations is related to their future.
Wang Jie was not interested in this, and his eyes were always on the stock market and real estate industry in Xiangjiang.
Since October this year, land prices on Hong Kong Island and Kowloon have not fallen so terrifyingly, but land prices in the New Territories have plummeted, basically to the point where no one buys cabbage. Because even if the land in the New Territories is bought, the validity period on the title deed is only until 1997, which wronged person would spend money to buy a piece of land that is only valid for more than 10 years?
Li Chaoren and Fok Taiheng were personally received by Deng Gong last year, and they may be very confident in Hong Kong's future, but they will never buy land at this time. Because the stock price of their real estate company has plummeted, the existing houses in their hands cannot be sold, and the company is losing money.
On November 9, Wang Jie spent 11.8 million Hong Kong dollars to buy more than 300 acres of wasteland between Tseung Kwan O and Tiu Keng Leng at the price of cabbage for the expansion of DreamWorks Studios.
On November 11, Kang Jianfei bought Yau Ma Tei Cinema (including land), one of the five major cinemas in Hong Kong, at a price of 6 million.
The so-called five major cinemas, as it was said 30 years ago, only had 500 seats in Yau Ma Tei Cinema, and some of the facilities were outdated. This theater originally belonged to the Shaw Brothers Cinema Line, but was rented by Wang Jie more than two years ago and joined the DreamWorks Cinema Line. If the development of the original time and space is followed, Yau Ma Tei Cinema will withdraw from Golden Princess after three years and join the daily live cinema chain (a cinema chain specializing in pornographic movies).
On November 12, Wang Jie bought a 12-story building in Kowloon at a low price of 25 million yuan and renamed it DreamWorks Building. Among them, the several floors facing the street are shopping malls, the upper floors are office buildings, and the middle two floors were transformed into multiplex cinemas by Wang Jie's order, which were merged into the DreamWorks Cinema Line.
DreamWorks Buildings was originally owned by New World Properties, but when Yeung was serving his sentence in prison last year, the Hong Kong property bubble burst. By the time Yang Mucheng was released from prison, his New World Real Estate had been suspended, and he owed more than 300 million yuan in debt.
Many of New World's properties were auctioned off and the building was retained to pay off its debts on a monthly basis as the building also had a steady rental income. It's a pity that the Hong Kong property market plummeted again a few days ago, and this building was also put up for auction, and the auction reserve price was even only 18 million.
On November 16, Wang Jie spent 52.7 million yuan to buy the Lu Haitong Building at No. 31 East Central of Queen's Road. With only 13 floors, Luhaitong Tower is twice as expensive as DreamWorks because it is located in a prime location on Hong Kong Island and its owner, Luhaitong, is strong. If it weren't for the loss of Luhaitong's other businesses and the need for money, Wang Jie would not sell it even if he offered 60 million.
After Wang Jie bought the Lu Haitong Building, Wang Jie used all the other floors for rent, and what he valued most was the Queen's Theater on the ground floor of the building. The location of this cinema is really good, right outside the Queen's Road Central, and the flow of people here is very terrifying.
By the way, Zhang Guorong's father's clothing store is in the Queen's Theater shopping mall.
Since Wang Jie bought it, then this building can no longer be called Luhaitong Building, and Wang Jie didn't bother to think of a good name, so he directly filled in the Queen's Building when he changed the name.
In addition, Wang Jie bought 20 villas in Mid-Levels, Waterlao Road Mountain, Repulse Bay, Lantau Island and other places for 40 million. In particular, some of the holiday villas on Lantau Island are even more luxurious than the mid-levels villas, but the price is equivalent to giving them away, and they are not even as good as an apartment on Hong Kong Island.
Why is it so cheap?
Because the real estate companies that build holiday villas are either bankrupt or on the verge of bankruptcy, many villas are directly forced to be auctioned by banks. Now that houses on Hong Kong Island have plummeted, who will have the leisure to buy villas in remote resorts if the Sino-British negotiations break down one day?
When Wang Jie bought these villas, no one bid with him at all, as long as someone asked for a house, other buyers tacitly chose to give up. Anyway, there are still a lot of houses waiting to be sold, and they don't need to fight for it.
In addition, Wang Jie also spent 15 million Hong Kong dollars to buy more than 100 unit apartments, which can be distributed to his women's families in the future.
In less than two weeks, Mr. Wang had spent more than $170 million, including money to expand DreamWorks Studios and DreamWorks Cinemas, as well as renovate the Yau Ma Tei Cinema.
Now Wang Jie has the largest cinema chain in Xiangjiang, accounting for half of the Xiangjiang cinema.
In December, the Xiangjiang stock market began to pick up, Wang Jie also ordered the hired people to start closing the position, this time Wang Jie swept away a total of nearly 3 billion Hong Kong dollars in the stock market, he deposited this part of the money and the previous 200 million US dollars in the Swiss bank, the future Plaza Accord and the economic crisis is the real delicious meal that Wang Jie sees.