Hong Kong Island Rich: Starting from Tsz Wan Mountain

A lot of people speak.

The main reason for the collapse of the real estate bubble in 1982 was the crisis of Hong Kong's future.

In fact, this is not the case, even if there is no future crisis, the collapse of the real estate bubble in Hong Kong will still happen.

Huo Wendong has studied data, which shows that in the 21 years from 1959 to 1981, the land price of various properties in Xiangjiang increased by 74,281 times, and during the same period, the price of land in Xiangjiang increased by 26 times. In other words, the increase in real estate prices is much higher than the average price increase in the city, and the value of real estate is seriously overvalued!

The real estate industry is an extremely high-risk industry, and wealth comes and goes quickly, sometimes like a passing cloud.

Chan Tseng-hei naturally knew this, and at a dinner in 1962, he sat down with Tsang Yu-tung of the New World Group and two other real estate developers, who were also well-known people in Hong Kong, and their land reserves were no less than New World and New Hongji, but now they ...... These two businesses have gone out of business!

Thinking of this, Chen Zengxi's heart became heavier and heavier, he looked at Huo Wendong and first introduced some of the group's current projects.

Then he told Huo Wendong the truth: "This time, we want to borrow 5 billion yuan from Hang Lung Bank to pay the land price to the Hong Kong government, as well as to develop the property of Admiralty Phase II. "

"Boss Chen, you 560 should know that it is difficult for Xiangjiang to get a loan during this time. Huo Wendong took a sip of red wine, looked at the other party seriously and sincerely.

In his previous life, he had heard of the name of Chen Zengxi, Chen Zengxi's family had invested in Lei Xiaomi, and Huo Wendong had traveled to Hang Lung Group's famous store, of course, now the famous store is not Hang Lung Group's, after all, the No. 2 leader in Causeway Bay, the Cheung Zushan family, has not yet sold Paterson Street to Hang Lung Group......

Fok Wendong has been coveting Paterson Street for a long time, as long as Paterson Street is bought, then north of Hennessy Avenue and east of the Canal Road overpass, such a large piece of land is all owned by Hung Kee, and these industries will bring tens of billions of returns in the future.

Similarly, he has been coveting Hang Lung Group for a long time.

Chen Zengxi nodded heavily, "That's right, we asked the major banks, none of them are willing to lend us money, I met the son of the Dong family a few days ago, and after chatting with the other party, they suggested that I come to you to see if you can be generous." "

"It's difficult, don't say you're looking for me! If you look for He Dong, due to the current development of Hang Lung Bank, we won't (ACAD) lend such a large amount of ......" Huo Wendong shook his head and sighed, "If the amount is small, I may not be able to help you." "

At the same time, Chan Tseng-hee's heart also fell to the bottom all of a sudden, which means that he has to give up the Admiralty Phase II project.

Huo Wendong continued: "You also know that the negotiations have not yet been decided, and everyone is not optimistic about the real estate industry, I hope you can understand me, if I make such a large loan, I will have to bear a lot of responsibility in the future." The real estate industry is guarded, and even if you can really get a loan, you may not be able to make a lot of money. Although the real estate has now begun to stop the decline, it has never seen a rise. "

"Yes, this time our Hang Lung Group is too aggressive, and only a powerful consortium like Hongkong Land can probably hold on until the dawn of real estate. Chen Zengxi suddenly figured it out and felt better.

"Hongkong Land may not be able to stay until dawn now, last year Jardine sold several companies and properties to a Chinese-funded consortium, Guo Yingnan won HKP, and I won Xingguangxing. But as far as I know, the entire Jardine Matheson system still has more than 10 billion debts. Huo Wendong smiled.

When it comes to the Jardine Matheson Department, Chen Zengxi can't help but show yearning, "Back then, you Longteng sold 600 million shares of HK Electric to Hongkong Land, and now it seems to be really far-sighted!"

"It's not far-sighted, I actually wanted to continue to hold it for HKE, but Niu Bijian suddenly came to the door, and the Longteng Group was going to develop vigorously, and there was no money on hand, so I simply sold it, which coincided with the meeting. Huo Wendong's attitude was very humble, and then he suddenly changed the topic and said, "Now that the world of Xiangjiang is getting worse and worse, you know the Zhang Zushan family, right?"

"Of course I know, Zhang Yuliang's big boss is famous, no one knows who doesn't know!" Chen Zengxi said with a smile, "The four sons of the Zhang family have become successful, and when I first established the Hang Lung Group, their family had already won Wheelock." "

"The Zhang family is likely to sell Wheelock. Huo Wendong revealed a small piece of news, "I heard that their family intends to sell Paterson Street. "

"What, isn't it?" Chen Zengxi was dumbfounded.

Huo Wendong nodded firmly, "The details are already being discussed, don't reveal it." In fact, it's like the Zhang family, now that they are separated from Xiangjiang, it is not a strategy to make a comeback in the future......"

Chen Zengxi felt like a world away for a while, raised his cup and took a sip, and experienced all kinds of tastes in his heart, "If I can go, I want to go, but I can't help it!"

Huo Wendong was suddenly overjoyed, it seemed that this atmosphere had been set in place, and he immediately said: "That's it, although I can't help you, but I can buy Hang Lung Group and help your Chen family solve the dilemma, what do you think?" (Read the violent novel, go to the Feilu Novel Network!)

"Huh?" Chen Zengxi didn't react for a while, "Mr. Huo?"

Huo Wendong spit out a mouthful of thick fog and said: "I can't help you with the loan, but I am interested in the Admiralty project obtained by Hang Lung Group and several of your consortiums, in a word, one billion US dollars, Hang Lung Group and other consortiums, package and sell to us Longteng Department, how about it?"

"This ...... This?"

That's going on too fast, isn't it?

Chen Zengxi hadn't turned a corner for a while, and his face showed some joy, "It's a big matter, I have to discuss it with my brother and partners." "

Huo Wendong said with a smile: "Of course, if I buy Hang Lung Group, I will not dismiss the employees of the group, and I will continue to fight with the Hong Kong government for the second phase of Admiralty." However, you have to hurry, I received the news that the Hong Kong dollar will fall sharply after a while. "

"Okay!"

Chen Zengxi is naturally convinced of the inference of the God of Wealth in Xiangjiang, you must know that Guo Yingnan and Sir Bao rely on Huo Wendong's early inference to make a lot of money!

On the evening of the same day, Chen Zengxi took Chen Zengshou and several partners to meet with Huo Wendong, and Huo Wendong won the property of Hang Lung Group and the Admiralty lot held by them at a price of 1.2 billion US dollars!

Money, Huo Wendong has already paid.

However, according to the agreement between the two parties, the transaction will not be announced for the time being, and the Chen family will have to privatize Hang Lung Group first.