On June 1, the Hong Kong government put up an auction of the "land king" in the Central reclamation area, with a land area of 53,000 square feet and a reserve price of 53 million Hong Kong dollars, attracting 19 consortiums to bid, including Li Huawen's Jiuan Group.

Li Hualong was also very interested in this land, but he knew that the real estate industry in Hong Kong was hot at this time, and if he wanted to buy this land, he would have to pay a high price, and after weighing it, he gave up the idea of buying this land.

As early as mid-May, Li Huawen learned that Li Hualong did not plan to bid for this land, and immediately said that he wanted to buy this land.

"Big brother, how much do you think the transaction price of this land will reach?" Li Hualong asked.

"It won't be less than HK$200 million." Li Huawen smiled and said, "Are you worried that I won't be able to buy this land?" ”

Li Hualong smiled noncommittally, and said, "I think you should consider asking Huawen Real Estate Company to come forward and buy this land." ”

"That's what I thought. The current debt ratio of the Chinese Real Estate Company is very low, even if the loan to buy the land, plus the development funds, the company's debt ratio will not exceed 50%, if the Hong Kong property market continues to rise in the next two years, the debt ratio will be even lower. ”

Li Hualong reminded: "Don't always think about the best, if the property market crashes, then the stock price of Huawen Real Estate Company will plummet, and at that time, the debt ratio will increase significantly." ”

"If the stock price plummets, then I, the chairman, will ask all employees to issue shares, and if the minority shareholders are not willing to issue shares, I will issue shares."

Li Huawen smiled, glanced at Li Hualong a few times, and asked, "Yes, why aren't you interested in this piece of land?" ”

Li Hualong smiled: "It's not that I'm not interested, but I feel that the property market is too hot now, and the debt ratio of my company is not low, and the limelight is given to others." ”

Li Huawen smiled: "It seems that this time, I am very likely to be in the limelight." ”

Li Hualong thought for a moment, and said: "If Huawen Real Estate Company buys this piece of land, I will issue new shares, you don't need to subscribe for new shares, but you can assure the minority shareholders that you will not sell the shares in your hand for many years." ”

"That's what I think, I now hold 80% of the shares of Huawen Real Estate, which is a little too high."

At the invitation of his brother, Li Hualong accompanied Li Huawen to participate in the land auction of the king of Central in this auction.

At the auction, Li Hualong met with several celebrities in Hong Kong's business circles, including the chairman of Hongkong Land.

Li Hualong smiled lightly: "Big brother, if you want to win this land, you need to go through a dragon fight!" ”

"I've been prepared for a long time." Li Huawen smiled slightly, "I don't have to win this piece of land, I have a low price in my heart." ”

"How much?" Li Hualong asked in a low voice.

"HK$260 million." Li Huawen replied, glanced at Li Shengquan, who was sitting beside him, and continued, "This price was decided by me and Sheng Quan. The location of this land is good, and it has set a record for the highest land price per square foot in Hong Kong, which is for sure. ”

After chatting a few words, Li Huawen said: "Ah Long, if Huawen Real Estate Company buys this land and issues new shares, can you help me symbolically subscribe for some shares?" ”

"Yes." Li Hualong readily agreed, "How many new shares do you plan to issue?" ”

"50 million shares." Li Huawen smiled slightly, "Will it be too much?" ”

"It seems that the stock price of Huawen Real Estate Company has exceeded 5 Hong Kong dollars now, right?"

"The closing price of the previous trading day was HK$5.12."

In order to avoid too much fluctuation in the stock price of Huawen Real Estate, on the day of the auction of Diwang in Central, the company applied for a stock suspension.

"Financing more than 250 million Hong Kong dollars, hehe, the scale of financing is a bit huge." Li Hualong smiled, "If you can buy this land at a price of less than 260 million Hong Kong dollars and issue 50 million shares, there should be no problem, I will subscribe for 10 million shares first, if I can't subscribe in full, I will subscribe for all the remaining shares." ”

"Aaron, thank you so much, you have helped me a lot!" Li Huawen smiled and thanked him.

"You're welcome." Li Hualong smiled slightly, "I feel that in the future, the stock price of Huawen Real Estate Company will still have a lot of room to rise, even if it borrows money from the bank to buy additional new shares, it is profitable." ”

"I hope so!" Li Huawen smiled, "I also want to see the stock price of Huawen Real Estate continue to rise." ”

As soon as Li Huawen's words fell, the auction began.

At the beginning, Li Huawen was very fierce and frequently raised his cards, he felt that he could scare off some opponents by putting on a look of ambition.

After more than 20 rounds of bidding, Li Huawen raised the sign in his hand and shouted: "256 million!" ”

"Huawen Real Estate Company bid 256 million, which company wants to increase the price......" The auctioneer's words were high.

The representative of Hongkong Land held up the auction item and shouted, "Two hundred and fifty-eight million!" ”

Li Huawen bid again: "260 million!" ”

"260 million, 260 million, who else wants to increase the price...... 260 million, the first ...... 260 million, the second ...... 260 million, deal! The smiling auctioneer stretched out his hand and pointed at Li Huawen, "Congratulations, Mr. Li Huawen, you have won this piece of land." ”

At this time, some people began to applaud Li Huawen's successful purchase of the land.

Li Huawen smiled slightly, stood up, and arched his hand triumphantly around.

Li Hualong stood up, applauded, and said with a smile: "Big brother, did you let others know your reserve price?" ”

"No, I told you, just now, we talked so quietly, no one should hear us. Hehe, I'm quite satisfied with being able to get this piece of land for 260 million. I suddenly regretted a little, I shouldn't have let Huawen Real Estate Company come forward to buy this land, if Jiu'an Group buys this land, it can build the headquarters building of Jiu'an Group here, and this building is called Jiu'an Building. ”

"Don't let it go as an afterthought!" Li Hualong said with a smile, "There is already a Jiuan Building in Admiralty, and there is no need to build another Jiuan Building in Central." ”

"It's also good to call it Jiu'an Group Center." Li Huawen laughed.

"You're not really going to change your mind, are you?" Li Hualong was surprised, "Although you are the absolute controlling shareholder of Huawen Real Estate Company, if you really do this, you will be criticized, and you may even get into a lawsuit." ”

Li Huawen participated in the land auction in the name of Huawen Real Estate Company, and if he temporarily changed the purchaser, the minority shareholders of Huawen Real Estate Company had the right not to agree.

"That's what I said, even if Huawen Real Estate Company issues 50 million new shares, I am still the absolute controlling shareholder of this company. If Jiuan Group comes forward to buy this land, my debt ratio will increase significantly, and the harm will outweigh the benefits. ”

"Big brother, you can now think about the new thing of issuing new shares." Li Hualong smiled.

Li Huawen thought for a moment and asked, "Is it okay to set the issue price of the additional new shares at HK$5 per share?" ”

Li Hualong asked rhetorically: "You said that the closing price of the last trading day was HK$5.12 per share?" ”

"yes."

Li Hualong said: "Some shareholders buy the shares of Huawen Real Estate Company at a high price, and the price of the newly issued shares is set at a low price, and some shareholders will be unhappy." ”

"I know." Li Huawen expressed his concerns, "But I'm afraid that the price is set too high, and the subscription amount will be insufficient." ”

"It's a little higher, I'll build yì 5.1 Hong Kong dollars per share, and you have to make your own ideas on how to operate."

"I've got my brains saved." Li Huawen smiled and said, "It's 5.1 Hong Kong dollars per share." You need to spend 51 million Hong Kong dollars to subscribe for 10 million shares, and you have to spend more money to subscribe for new shares. ”

Li Hualong smiled confidently: "Don't worry, the 40 million new shares will definitely be fully subscribed." ”

The next day, Huawen Real Estate Company announced that it would issue an additional 50 million new shares at a price of HK$5.1 per share, of which Li Hualong subscribed for 10 million shares.

Li Huawen is the controlling shareholder of Huawen Real Estate Company, and if the company issues new shares, whether it is issued to the public or not, he has the right to subscribe for 80 percent of the new shares.

After the announcement of this news, the new shares issued by Huawen Real Estate Company were sought after by the market, with nearly 1.5 billion Hong Kong dollars of funds subscribed for 40 million new shares.

Some minority shareholders strongly demanded to subscribe for the new shares issued by Huawen Real Estate Company, and Li Huawen took into account the interests of minority shareholders, who held shares of Huawen Real Estate Company and could subscribe for 50 new shares for every 100 old shares.

When Huawen Real Estate Company was listed, the issue price per share was HK$2.2, and the stock was not one share, the lowest denomination was 100 shares, and each lot was 100 shares, and investors wanted to buy the company's shares, spending at least HK$220.

It took more than ten days to issue new shares, and the shares of Huawen Real Estate Company reopened on June 14, and the company's share price opened high, of course, the closing price was as high as HK$5.56 per share.

In the first half of June, the Hang Seng Index increased by as much as 23.5, and the stock prices of many listed companies rose by more than 30%.

There is no good news that the Hang Seng Index, as well as some stocks, have risen so much, which has surprised many professionals, and many people have written articles to put cold water on it, telling the public that investing in stocks is risky, and the price of stocks cannot keep rising.

Obviously, when the stock market is good, even if someone pounces on the cold water, more money is invested in the stock market, which pushes up the stock prices of most listed companies.

On 1 July, the groundbreaking of the Chinese Building was attended by Lee Wah-man, Lee Wah Lung and Lee Shing-wah, as well as the Governor of Hong Kong, Mr Trench Lun-toe, and others.

A little more than a month earlier, the Queen had approved an extension of the term of office of Governor David Trench until October 1971.

Since he became the Governor of Hong Kong in 1964, the Queen of England has repeatedly approved him to continue to serve as the Governor of Hong Kong, which shows that the British government and the Queen of England are still very satisfied with the appearance of David Trench as Governor of Hong Kong.

Huawen Real Estate Company bought the "Diwang" land in Central, issued new shares, Li Hualong subscribed for 10 million shares, holding more than 6.6 shares, and Li Huawen, the chairman, invited Li Huawen to serve as the managing director of the listed company.

The groundbreaking of Huawen Building is of great significance to Huawen Real Estate Company, and Li Hualong, the managing director, naturally wants to participate.

Li Shenghua did not participate in the groundbreaking ceremony of the Chinese Building as the son of Li Huawen, but as the chief designer of the Chinese Building.

With its unique round window design, the Chinese building is similar to the Jardine Matheson Building in Lee's memory, but there are some differences.

Although the Chinese Building has not yet been completed, Li Hualong has carefully looked at the design drawings, and he feels that after the completion of this building, it will definitely be more beautiful than the Jardine Matheson Building in his memory.

After the groundbreaking ceremony, Dai Lintoe chatted with Li Huawen and others, and learned that the chief designer of Huawen Building was Li Shenghua, the second son of Li Huawen, and said with a smile: "Young people, you are really talented, architecture is the soul of a city, you have to display your talents, contribute to Hong Kong's architectural design industry, and make Hong Kong more beautiful." ”

Li Shenghua listened to Dai Lintoe's words, but he was not excited, he knew that the other party said these words, but he still pretended to be very happy, saying that he would work hard.

Dai Lintoe was a busy man, and he left after less than half an hour at the construction site.

Li Hualong asked with a smile: "Big brother, are you happy to hear the Hong Kong Governor praise Sheng Hua?" ”

Li Huawen said lightly: "If he is not my son or your nephew, even if he is talented, at his age, don't want to find a platform to display his talent." ”

"You, I know you're happy." Li Hualong smiled, "Sheng Hua, don't pay attention to your father, the third uncle knows that you are a genius." ”

Li Shenghua smiled slightly, raised his head, looked up at the sky, as if the building he designed had been completed, and sighed: "I really hope to see this building completed as soon as possible." ”

Li Huawen said with a smile: "Jiu'an Construction Company will rush to build this building, and strive to create the fastest construction speed in the history of Hong Kong architecture." ”

Li Hualong reminded with a smile: "Quality first, don't affect the quality of the building in order to rush the construction period." ”

"Of course I know quality comes first!" Li Huawen said with a smile, "The Chinese Building will stand next to Victoria Harbour for 100 years. ”

Li Shenghua smiled: "It is estimated that it is difficult!" ”

Li Huawen was stunned when he heard this, and asked puzzledly: "Why?" ”

Li Shenghua explained with a smile: "There is too little land available on Hong Kong Island, and in the next 100 years, there will definitely be a huge reclamation project, and the new reclamation area will be built into high-rise buildings, and the Chinese Building will no longer be next to Victoria." ”

"yes!" Li Huawen smiled, "No matter what you say, I just want the quality of the building to be good and can be used for hundreds of years." ”

Li Hualong smiled and said, "Big brother, you have to be strong." ”

Li Huawen knew the meaning of "Xiongqi", and said happily: "I want to be Xiongqi!" Huawen Real Estate Company is also going to be strong! ”R1152