The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce
Chapter 376: Buy low, sell high, the richest man Li is frightened
The wealthy people in Hong Kong have very complicated feelings towards the Dragon Kingdom.
From being dismissive at the beginning, to now they are happy with it, and they are flocking to the mainland to invest.
Most of those who first poured into the mainland market have gained a foothold and enjoyed the dividends of national development.
But when it comes to the richest people in Hong Kong, who is the most prosperous in the mainland?
There is no doubt that they are the Wang family and his son in front of them.
His reputation is higher than that of the superstars in Hong Kong City.
The four major families admired this very much, and they were willing to come to pick up Wang and his son at the airport today.
The Hong Kong Governor and Wang Zhengyi held hands tightly together, expressed condolences to the father and son, took a group photo in front of the camera, and then let the father and son leave.
The four major families followed closely behind. After everyone came to the guild hall and sat down, they started chatting.
"What is the purpose of your gathering this time?"
Li, the former richest man, said:
"Zhengyi, don't you know how sharply the housing prices in Hong Kong City have risen recently?"
Wang Lei immediately understood the intention of these people.
It should be for the Lantau Island Peninsula Project.
Facts also proved that his guess was correct. The purpose of the four major families was the Lantau Island project, which was slow to start construction.
After the Bailong Consortium took over the Lantau Island project again, it did not rush to develop it, but started construction at a very slow speed.
If it weren't for the housing bureau's repeated urging, Wang Lei wouldn't even want to move a brick.
Isn’t it normal for it to take more than ten years to build a building?
But looking at the rapid recovery in housing prices, the four richest people can't sit still. They feel that the Wang family is wasting their resources and occupying the manhole.
Some nouveau riche even ridiculed the Wang family and his son for not rushing to make money even though they had money.
"Zhengyi, Ah Lei, if you don't have money to develop it yourself, you can cooperate with us to develop it.
It would be great if we all develop together and make money together. "
The most important thing for a real estate company is not how much land it hoards, but having sufficient cash flow anytime and anywhere.
This is the lesson learned by Li, the former richest man, from his decades of business career.
What surprised him was that the Wang family had been implementing this concept for the past 20 years, but they ignored this business principle in the beautiful country.
The two father and son were such cautious people, but their investment in the beautiful country was so wild. In his opinion, they were on the verge of losing control. This was something that puzzled him.
Knowing the cunningness of the two father and son, he even had a vague and terrifying thought in his heart - the Wang family was deliberately creating a bubble, and one day Wang's real estate would explode in the beautiful country!
Will Wang's real estate suffer any losses after a thunderstorm?
Of course there is no such thing. The money earned has long been transferred to the country by the Wang family, and the economy of the beautiful country will only be hit hard.
Will the American government impose sanctions on the Wang family?
The answer is naturally no. Not only will they not be sanctioned, they will also help cover it up. At most, they will punish themselves with three cups.
Thinking of this, the richest man Li couldn't help but swallow.
Of course, this is just his personal conjecture.
Wang Zhengyi couldn't help but smile when he heard the proposal taken by the former richest man Li:
"I'm sorry, everyone, the Lantau Peninsula project is now the property of Ah Lei. I have no say in it. If he doesn't want to sell it, I hope you won't force it."
Seeing that friendship is not enough, a few people can only place their hopes on Wang Lei.
Wang Lei thought for a while and said:
"Uncles, if you want to buy it, it's not impossible, but..."
The richest man Li hurriedly responded: "Lei, if you have any requests, just ask."
Seeing the corners of Wang Lei's mouth slightly raised, the four richest men all knew that this kid didn't hold back any good ideas. Who made them set their sights on other people's land?
I don't know what Wang Lei was thinking about putting a large piece of land where weeds grew.
"My request is actually very simple. I just want to exchange the land with you for some shares of your parent company."
Richest man Li twitched his lips. This request is too much, okay?
Don’t forget, the Wang family took away many shares of their listed companies during the two stock market crashes.
So much so that there is now a saying circulating in Hong Kong that everyone in Hong Kong is working for the four major families, and the four major families are working for the Wang family.
You heard it right, now the four major families are no longer worthy of being as famous as the Wang family. They are the only plutocrats in Hong Kong City.
If they give Wang Lei more shares, they will completely lose their controlling rights.
This guy is as greedy as ever.
Seeing the constipated expressions of the four old guys, Wang Zhengyi couldn't help but take a puff of his cigar and couldn't help but feel proud.
Fifteen years ago, these four people were the ones he needed to look up to, but now, being played around by his youngest son, he couldn't be proud of it.
"My son Wang Lei really has the appearance of a plutocrat."
The four richest men turned their backs on the father and son and discussed for a while, head to head. The richest man Li said:
"A Lei, do you think this will work? The five of us will set up a development company together. The Wang family will take the majority share with the land investment, and we will take the small share with 1000 billion Hong Kong dollars. The specific allocation..."
Wang Lei felt that since the four major families came to give money to him, he had no reason to turn them away. It was inevitable that someone would be jealous if he ate such a large piece of cake alone, especially since he had been neglecting it.
"I want to hold 8% of the shares, and I can only provide half of the land for the half-city project."
Wang Lei had a good idea. The land that Dongdu Company had acquired was barely developed, and a lot of development funds needed to be invested, which was just allocated to the four major families.
Seeing that there was no room for bargaining, the four wealthy people all nodded and agreed to Wang Lei's extremely demanding request.
Based on the rising trend of housing prices in Hong Kong City, housing prices may double in a few years. Naturally, they will make a profit from this business.
However, the Wang family is obviously the most profitable. Without paying a penny for development, they can raise the price and take away the majority of the profits.
You must know that Wang Lei bought back the land of Dongdu Company for only HK$850 billion.
The business of buying low and selling high was thoroughly exploited by Wang Lei, so they could only follow him and drink some soup.
They can't even feel jealous. Even if they join forces, they can't take advantage of all the projects on Lantau Island.
The four richest people have made a five-year plan and vowed to complete the half-city project on Lantau Island by 2008.
When everyone else left with satisfaction, Li, the former richest man, deliberately walked a little slower.
He tentatively said in a low voice:
"A Lei, can you sell your beachside luxury project? It's okay to develop it through cooperation."
"Uncle Li, you have a good eye. The luxury housing project is the most profitable project on Lantau Island."
What he meant in his words was that he didn't want to part with this piece of fat.
The former richest man Li knew this would be the result, but he just asked unwillingly.
How expensive will luxury housing projects be in the future? In 15, Lao Ma spent 15 billion to buy a luxury house, which was more than HK$136 million per square meter, setting the second highest record in the world!
From being dismissive at the beginning, to now they are happy with it, and they are flocking to the mainland to invest.
Most of those who first poured into the mainland market have gained a foothold and enjoyed the dividends of national development.
But when it comes to the richest people in Hong Kong, who is the most prosperous in the mainland?
There is no doubt that they are the Wang family and his son in front of them.
His reputation is higher than that of the superstars in Hong Kong City.
The four major families admired this very much, and they were willing to come to pick up Wang and his son at the airport today.
The Hong Kong Governor and Wang Zhengyi held hands tightly together, expressed condolences to the father and son, took a group photo in front of the camera, and then let the father and son leave.
The four major families followed closely behind. After everyone came to the guild hall and sat down, they started chatting.
"What is the purpose of your gathering this time?"
Li, the former richest man, said:
"Zhengyi, don't you know how sharply the housing prices in Hong Kong City have risen recently?"
Wang Lei immediately understood the intention of these people.
It should be for the Lantau Island Peninsula Project.
Facts also proved that his guess was correct. The purpose of the four major families was the Lantau Island project, which was slow to start construction.
After the Bailong Consortium took over the Lantau Island project again, it did not rush to develop it, but started construction at a very slow speed.
If it weren't for the housing bureau's repeated urging, Wang Lei wouldn't even want to move a brick.
Isn’t it normal for it to take more than ten years to build a building?
But looking at the rapid recovery in housing prices, the four richest people can't sit still. They feel that the Wang family is wasting their resources and occupying the manhole.
Some nouveau riche even ridiculed the Wang family and his son for not rushing to make money even though they had money.
"Zhengyi, Ah Lei, if you don't have money to develop it yourself, you can cooperate with us to develop it.
It would be great if we all develop together and make money together. "
The most important thing for a real estate company is not how much land it hoards, but having sufficient cash flow anytime and anywhere.
This is the lesson learned by Li, the former richest man, from his decades of business career.
What surprised him was that the Wang family had been implementing this concept for the past 20 years, but they ignored this business principle in the beautiful country.
The two father and son were such cautious people, but their investment in the beautiful country was so wild. In his opinion, they were on the verge of losing control. This was something that puzzled him.
Knowing the cunningness of the two father and son, he even had a vague and terrifying thought in his heart - the Wang family was deliberately creating a bubble, and one day Wang's real estate would explode in the beautiful country!
Will Wang's real estate suffer any losses after a thunderstorm?
Of course there is no such thing. The money earned has long been transferred to the country by the Wang family, and the economy of the beautiful country will only be hit hard.
Will the American government impose sanctions on the Wang family?
The answer is naturally no. Not only will they not be sanctioned, they will also help cover it up. At most, they will punish themselves with three cups.
Thinking of this, the richest man Li couldn't help but swallow.
Of course, this is just his personal conjecture.
Wang Zhengyi couldn't help but smile when he heard the proposal taken by the former richest man Li:
"I'm sorry, everyone, the Lantau Peninsula project is now the property of Ah Lei. I have no say in it. If he doesn't want to sell it, I hope you won't force it."
Seeing that friendship is not enough, a few people can only place their hopes on Wang Lei.
Wang Lei thought for a while and said:
"Uncles, if you want to buy it, it's not impossible, but..."
The richest man Li hurriedly responded: "Lei, if you have any requests, just ask."
Seeing the corners of Wang Lei's mouth slightly raised, the four richest men all knew that this kid didn't hold back any good ideas. Who made them set their sights on other people's land?
I don't know what Wang Lei was thinking about putting a large piece of land where weeds grew.
"My request is actually very simple. I just want to exchange the land with you for some shares of your parent company."
Richest man Li twitched his lips. This request is too much, okay?
Don’t forget, the Wang family took away many shares of their listed companies during the two stock market crashes.
So much so that there is now a saying circulating in Hong Kong that everyone in Hong Kong is working for the four major families, and the four major families are working for the Wang family.
You heard it right, now the four major families are no longer worthy of being as famous as the Wang family. They are the only plutocrats in Hong Kong City.
If they give Wang Lei more shares, they will completely lose their controlling rights.
This guy is as greedy as ever.
Seeing the constipated expressions of the four old guys, Wang Zhengyi couldn't help but take a puff of his cigar and couldn't help but feel proud.
Fifteen years ago, these four people were the ones he needed to look up to, but now, being played around by his youngest son, he couldn't be proud of it.
"My son Wang Lei really has the appearance of a plutocrat."
The four richest men turned their backs on the father and son and discussed for a while, head to head. The richest man Li said:
"A Lei, do you think this will work? The five of us will set up a development company together. The Wang family will take the majority share with the land investment, and we will take the small share with 1000 billion Hong Kong dollars. The specific allocation..."
Wang Lei felt that since the four major families came to give money to him, he had no reason to turn them away. It was inevitable that someone would be jealous if he ate such a large piece of cake alone, especially since he had been neglecting it.
"I want to hold 8% of the shares, and I can only provide half of the land for the half-city project."
Wang Lei had a good idea. The land that Dongdu Company had acquired was barely developed, and a lot of development funds needed to be invested, which was just allocated to the four major families.
Seeing that there was no room for bargaining, the four wealthy people all nodded and agreed to Wang Lei's extremely demanding request.
Based on the rising trend of housing prices in Hong Kong City, housing prices may double in a few years. Naturally, they will make a profit from this business.
However, the Wang family is obviously the most profitable. Without paying a penny for development, they can raise the price and take away the majority of the profits.
You must know that Wang Lei bought back the land of Dongdu Company for only HK$850 billion.
The business of buying low and selling high was thoroughly exploited by Wang Lei, so they could only follow him and drink some soup.
They can't even feel jealous. Even if they join forces, they can't take advantage of all the projects on Lantau Island.
The four richest people have made a five-year plan and vowed to complete the half-city project on Lantau Island by 2008.
When everyone else left with satisfaction, Li, the former richest man, deliberately walked a little slower.
He tentatively said in a low voice:
"A Lei, can you sell your beachside luxury project? It's okay to develop it through cooperation."
"Uncle Li, you have a good eye. The luxury housing project is the most profitable project on Lantau Island."
What he meant in his words was that he didn't want to part with this piece of fat.
The former richest man Li knew this would be the result, but he just asked unwillingly.
How expensive will luxury housing projects be in the future? In 15, Lao Ma spent 15 billion to buy a luxury house, which was more than HK$136 million per square meter, setting the second highest record in the world!
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