Chapter 164: Land Auctions and Luxury Cars
One morning in early March, after Li Hualong woke up, he glanced at Yang Meng, who was sleeping beside him, smiled slightly, got up carefully, and sat on the bed thinking about things.
After a while, Yang Meng, who spent the night with Li Hualong last night, woke up and saw Li Hualong sitting on the bed.
"Wake up!" Li Hualong and Yang Meng said in unison, and after finishing speaking, they looked at each other and smiled.
Yang Meng got up, sat next to Li Hualong, and asked with a smile, "What do you want?" ”
"Today the government is going to hold a land auction, and my eldest brother and I will participate together."
Yang Meng asked again: "Which piece of land do you like?" ”
"Look at a piece of land on Nathan Road in Tsim Sha Tsui."
"What kind of land is it used for?"
"Hotel land."
"How big is it?"
"With a land area of 230 million square feet and a reserve price of HK$10 million, it is estimated that the transaction price will not be low."
"Now the property market is good, if you want to buy this land, you must go through a fierce competition." Yang Meng smiled, yawned, and asked, "What are you going to offer the highest price?" ”
"No more than 26 million Hong Kong dollars, my eldest brother and I are ready to buy this land in a joint venture."
"So expensive?" Yang Meng said with a slight surprise.
"It may feel a bit expensive now, but in another year, even if the price is doubled, you won't be able to buy such a good land."
"I hope you can buy this land today at a satisfactory price!" Yang Meng smiled.
"Thank you!" Li Hualong smiled and kissed Yang Meng on the cheek.
"What is the overall debt ratio of you and the companies you control?" Yang Meng asked curiously, "Give me an approximate number." ”
"It won't be more than thirty percent."
"So low?" Yang Meng was surprised, she always thought that Li Hualong's debt ratio was very high.
"The year before last, I borrowed money to buy shares in a number of companies, and at the same time bought a large number of old buildings, and the debt ratio was very high at that time. But last year, Hong Kong's economy was very good, the property market was very strong, and the total assets of my companies increased significantly, while the liabilities only rose slightly, and the debt ratio naturally fell. ”
"yes!" Yang Meng smiled and kissed Li Hualong on the face, "Ah Long, you are so powerful!" ”
Li Hualong smiled, held Yang Meng's head, and kissed her lips.
After a hot kiss. Yang Meng pushed Li Hualong away and said angrily: "It's not early, get up!" ”
"I really don't want to go to work!" Li Hualong sighed.
"What's wrong, you're not feeling well?" Yang Meng asked with concern.
"No, I just want to chat with you at home, which is more interesting than going out to work."
"Why don't you give your eldest brother a call and let him attend the auction alone?" Yang Meng said with a smile, she knew that Li Hualong had agreed to participate in the auction with Li Huawen. There are no special circumstances, Li Hualong will definitely go.
"It didn't take much time to attend the auction, and I had lunch outside at noon. I'll go home with you. ”
"No need, you can work in peace!" Yang Meng smiled, "You are young and strong, you should spend more time on work." ”
"It looks like I'm the life of a ploughing cow!" Li Hualong sighed.
"There are at least four plots of land waiting to be cultivated. If you don't plough cattle, what do you want to be? Yang Meng said a meaty word.
"Haha!" Li Hualong laughed, "You said to let outsiders know that the big star Xia Meng said such things." What are they talking about?! ”
"It's not all you." Yang Mengjiao said angrily, put on her clothes and pants, ignored Li Hualong, and went directly to the bathroom.
After breakfast at home, Mr. Lee drove a Ferrari 250GTO to a land auction organized by the Hong Kong government, followed by four of Mr. Lee's bodyguards in another car.
Ten years ago, Li Hualong's Hualong Automobile Company obtained the exclusive right to sell Ferrari in Hong Kong, and in 1962, Li Hualong specially ordered a 250GTO model car from Ferrari, which had never been run on the circuit before, and when it arrived in Hong Kong, it was brand new.
The reason why Li Hualong will order the Ferrari 250gto car, because he likes the design of this car very much, he also remembers that this car will become a classic among antique cars, and it will be able to sell for a sky-high price in the future, in fact, when this car came out, the cost was also amazing, but for Li Hualong, who is not short of money and is willing to enjoy life, it is really nothing to buy a Ferrari car that is worth a lot of money.
After buying the Ferrari 250GTO, for the first two years, Li Hualong would personally drive the car out almost every week, and later, he drove the car less often, but in order to maintain the car, every few days, when the weather was good, he would let the driver drive out for a spin.
The Hong Kong government land auction was held in the conference hall of the Shangri-La Hotel in Admiralty, and long before the opening of the Shangri-La Hotel, Li Hualong signed a contract with the Hong Kong government to lease the conference hall of the Shangri-La Hotel to the Hong Kong government at a very low price, and also signed a contract for up to three years.
Since the opening of the Shangri-La Hotel, the Hong Kong government has held a land auction again every week, and many real estate developers will stay at the Shangri-La Hotel for a meal after participating in the land auction, which can be regarded as a benefit to the hotel.
Driving to the hotel parking lot, Li Hualong met Li Huawen, who arrived at the parking lot one step earlier than him.
In the whole of Hong Kong, there is only one Ferrari 250gto, many people in Hong Kong have seen this car, and they all know that this car belongs to Li Hualong, Li Huawen naturally knows better, after he saw this car, he stopped, ready to wait for Li Hualong to go to the conference hall to participate in the auction.
Li Hualong got out of the car, walked a few steps, came to Li Huawen's side, and greeted him with a smile: "Big brother, you are early enough!" ”
"It's not early!" Li Huawen smiled, "I haven't seen you drive this car for a long time, it's hot, it seems that we will have something to gain at the auction today." ”
"I hope so." Li Hualong smiled.
The conference hall where the auction is held is large in size, with more than 300 seats, elaborate wall lamps around the walls, and several huge crystals hanging on the roof.
Li Hualong and Li Huawen came earlier, but there were a few people who met earlier than them. Wave and say hello.
The brothers came to the left seat before the exam and sat down, and Li Huawen asked in a low voice: "Ah Long, will it be too expensive to buy the hotel land in Tsim Sha Tsui for 26 million Hong Kong dollars?" ”
Li Hualong smiled slightly and said in a low voice: "26 million is the highest price, and we may buy the land in Tsim Sha Tsui at a lower price." ”
"What if someone pays a higher price?" Li Huawen asked again, "You won't continue to increase the price, will you?" ”
Li Hualong was silent for a moment, and then asked rhetorically: "Big brother, what price do you think the highest price can be offered?" ”{
Li Huawen was stunned for a moment. He smiled and said, "Twenty-six million is already very high." ”
"That's right." Li Hualong muttered, thought for a while, and continued, "Big brother, otherwise, if it exceeds 26 million, let me buy the land alone." ”
"That's fine!" Li Huawen smiled slightly, "Ah Long." Do you think I'm too timid? ”
"No more. Although I have achieved some results in the past, it does not mean that I will always be successful in the future, and every businessman has a different way of controlling risks. As the old saying goes, be careful to sail a ship of ten thousand years. ”
"Your ship is an aircraft carrier. Riding the wind and waves is not a dangerous thing, but shrinking in the harbor, it may run aground. ”
When Li Hualong and Li Huawen chatted, more and more real estate developers participated in the land auction.
Around nine o'clock. The auctioneer appeared on the auction table, and after a polite remark, he turned to the main topic.
"Ladies and gentlemen. A total of seven parcels of land were auctioned in the local land auction, including three residential plots, one industrial site, one commercial site and one hotel site. Now the auction of the first residential land, this land is located in Wan Chai, with an area of 55,600 square feet, which can build 550,000 square feet of residential buildings, the starting price is 5 million, and the price will be increased by 200,000 yuan each time, and the auction will start now! ”
Although Li Hualong is only interested in the hotel site, he is also actively involved in the auction of other land, and he is also very willing to win other land at a lower price.
In the first auction of residential land, the second auction of industrial land, and the third auction of residential land, Li Hualong bought a residential land in Wan Chai for HK$16 million.
In the fourth auction of the hotel land, the starting price of this land was HK$10 million, and after 10 rounds of bidding, it has soared to 25 million.
Li Hualong said in a low voice: "Big brother, we will increase the price by one million at a time. ”
Li Huawen nodded and said, "You can raise your card." ”
"Twenty-six million!" Li Hualong raised the auction card and shouted loudly.
The audience was immediately shocked, and everyone turned their attention to Li Hualong.
The auctioneer smiled when he heard this: "Twenty-six million, now someone has bid twenty-six million, will anyone still increase the price?" 26 million ......"
A Caucasian man slowly raised the auction card, and the auctioneer said: "Mr. Di raised the price of the No. 10 plate, 26.2 million...... and looked at Li Hualong, hoping that he could increase the price again.
"Aaron, you can play alone." Li Huawen smiled, and he said that he would no longer continue to bid for this land in a joint venture with Li Hualong.
"Okay!" Li Hualong smiled slightly, this time he didn't shout anymore, and directly held up the auction card, expressing his willingness to increase the price by 200,000.
"Twenty-six million, two thousand, four thousand, has no one raised the price...... 26,400,000 once, 26,400,000,200,000, 26,400,000, deal! ”
In the end, Lee bought the 230 million square feet hotel site on Nathan Road in Tsim Sha Tsui for HK$26.4 million.
"Big brother, if you are still interested, we can develop this hotel in a joint venture."
"No need, I have a lot of investment projects in my hands."
"Okay, I'll play alone."
After the sale of the four plots of land, the auctioneer announced that it was time for intermission, and at 1 p.m., the auction of the remaining three plots would continue.
"Are you still here in the afternoon?" Li Huawen asked.
"I'm not coming, after lunch, I'm going to go to Greenland Architects." Li Hualong replied.
"Sheng Hua hasn't caused you trouble lately, has he?"
"Big brother, don't say that about Sheng Hua, he is very good, in the future, he will definitely have the ability to take charge on his own, and in terms of business, he will not be worse than you."
"He's still young and needs a lot of polishing, so you, who are an uncle, help me teach him well."
"Well said!"
Li Hualong and Li Huawen walked out of the conference hall, and at the door, they saw a number of real estate developers, regardless of whether they had dealt with each other or not, these people took the initiative to say hello to the Li brothers and say something pleasing to them, after all, Li Hualong took two pieces of land.
At noon that day, Li Hualong invited a number of real estate developers to have lunch at the Shangri-La Hotel.
After lunch, Li Hualong, who had drunk alcohol, did not drive by himself, he asked a bodyguard to help him drive the Ferrari 250gto home, while he took another car, accompanied by bodyguards, to the Central Hualong Building.
Hualong Building is a property owned by Hualong Real Estate Company, in addition to the headquarters of Hualong Real Estate Company, the headquarters of many companies under Li Hualong are located here, in addition, some enterprises in which Li Hualong has a stake are also headquartered in this building.
Li Hualong entered the Hualong Building and came directly to the Greenland Architectural Design Office.
When the employees of the firm saw Li Hualong, they would stand up and greet respectfully: "Hello chairman!" ”
"Hello...... Hello! When Li Hualong heard others greet him, he would smile in response.
Greenland Architectural Design Office is a wholly-owned enterprise of Greenland Group, and Greenland Group is a wholly-owned enterprise of Li Hualong, whether it is the firm or Greenland Group, there is no board of directors, but the vast majority of the company's employees will call Li Hualong "chairman", some high-level sometimes call "boss", and a few close people are called different, such as Li Shenghua when he saw Li Hualong, whether he was working or not, he called Li Hualong "third uncle".
Li Shenghua's status at Greenland Architects is not low, leading a design team, and he is qualified to use a private office, but he chooses to sit in a large open-plan office with colleagues.
"Third uncle, you're here!" After Li Shenghua saw Li Hualong, he smiled and said, "Congratulations, I bought two pieces of land this morning." ”
"If you buy the land at a high price, you don't know if it's a disaster or a fortune!" Li Hualong smiled slightly, "How do you know?" ”
"Today, when I was having dinner at noon, I met someone who was attending the auction." Li Shenghua replied and asked with a smile, "Third uncle, is that hotel land going to be used with the architectural design designed before, or is it going to be a new one?" ”
"I've already figured out which design to use after using the previous design."
"What brand does this hotel use?"
"It may use the Holiday Inn brand, which has not yet been decided. When the hotel is capped and renovated, it is not too late to consider this matter. Your dad is not going to participate in the investment of this hotel, and when this hotel is completed, I will let Holiday Inn issue new shares to acquire this hotel, and your dad still has a relationship with this hotel. ”
"Third uncle, you can just talk to my dad about these words."
"Show me your latest designs."
"I just designed the blueprint of a building yesterday, with a shopping mall at the base and a residential building on top." Li Shenghua took out a bag of essays from the drawer and handed it to Li Hualong.
Li Hualong took the bag, took out some design drawings from it, looked at it for a while, nodded and praised: "The design is very creative." At the end of last year, I photographed a piece of land that was perfect for this design...... That's it. ”
"Thank you, Third Uncle."
"Thank me for what?!" Li Hualong smiled, "I didn't adopt this design because you are my nephew, I really think you designed it very well." ”
Li Hualong stretched out his hand and patted Li Shenghua's shoulder and encouraged: "Work hard, you will definitely become a great architect in the future." ”
"I'll try!" Li Shenghua nodded firmly. (To be continued......)