People from the Hong Kong government walk around, visiting large enterprises and some new enterprises; It may really have some effects. Real estate, stock market index and exchange rate really don't fall any more, but there is no sign of recovery.
The real estate prices hanging out are still the same, including those of Chongshi group, which have not been taken over, and many intermediaries rarely have transactions.
But someone found that no one hung out in the prosperous area.
More well-informed sources revealed that in fact, many prosperous areas have been bought at home; As long as there is an intention to sell those mountains, someone will buy them at home immediately.
For a time, all kinds of public opinion rose again
On March 22, the land auction of the Hong Kong Government in the first half of the year was launched, which was a touchstone.
The willingness to buy land represents the confidence of the real estate industry in the economy.
Before the auction, the relevant people of the Hong Kong government announced that in view of the current economic situation, the policy of limiting the time limit would be pushed to five years, injecting a little vitality into the dull venue.
In the end, two of the 26 pieces of land auctioned this time were still unsold.
As a result, more people wait and see
On the 28th, Jardine's group, a British funded enterprise, suddenly announced that it proposed to change the registration place of Jardine's holding company from Hong Kong to Bermuda.
That night, Hong Kong stocks in London fell sharply and were suspended for a time.
The next day (29th), the Hang Seng Index closed at 1057.09, down 61.76 points.
Accordingly, the exchange rate fell again, and the real estate price fell immediately
This kind of move at this time makes the local rich in xiangdao angry, including long Jianhua.
After browsing through Jardine's information, he immediately made an appointment with Niu Bijian, chairman of its board of directors.
On the 30th, the two met in a teahouse, and there were only two.
Niu Bijian, then 48, looked energetic. He held long Jianhua's hand and said with a smile, "I've heard of Long Dong's name for a long time, and I can only meet him today... However, it's a great honor to see him at once."
Born in Jinmen, he still has a good understanding of Chinese culture.
Long Jianhua also said with a laugh, "Chairman Niu is a dragon and Phoenix among people. He has admired him for a long time and wants to meet him as soon as possible; It's a pity that I'm busy. I got what I wanted today. "
After they sat down, the tea maker gave them a cup of tea. Long Jianhua said to her, "we can do it ourselves."
Niu Bijian smiled and drank tea. "Long Dong, what's good today? Think of an old man like me?"
Long Jianhua smiled, "Chairman Niu is really willing to laugh at himself. If you are old, what should those over 50 do with themselves? "
After a sip of tea, he said, "I'm here to buy your land."
Niu Bijian took up the tea cup and drank tea to cover up his face. After putting down the tea cup, he asked, "don't you have a real estate company, Mr. long? How did you think of buying our land?"
Long Jianhua leaned against the sofa stool and stretched out his hand to pull his sleeve. "Chairman Niu, I'll say it straight. Now the situation of xiangdao is unknown, and the real estate is going down all the way. I don't know when I can see the blue sky. "
"Now everyone doesn't make money. It's better to merge, so as not to be broken and bleeding. It's good for everyone... Especially land. The current situation is very bad."
Hearing this, Niu Bijian scolded angrily in his heart.
Others do not know the actions of Chongshi real estate, but as a large British company, they know their actions very well.
After hanging out three properties in remote areas, they triggered a sharp decline in real estate, but they turned back and began to buy. No matter meat or fishy, as long as they are not too remote, more than 60% were taken by them.
The real estate company suffered from the price impact of Chongshi real estate since last year, resulting in a sharp decline in profits and even serious losses; As the acquisition of HEC has led to cash flow problems, there is basically no desire to buy new land.
They have planned that when the situation in xiangdao is not clear, they will no longer buy new land and focus on digesting inventory; So they were a spectator at the land auction on the 22nd; After seeing two streaming photos, they strengthened their faith.
If this goes on, land may go bankrupt, at least it will soon become a second-class real estate company in xiangdao.
He sighed after scolding angrily in his heart, but said, "as an enterprise with a long history, it is not so easy to fall down. As you know, we bought 34.9% of the shares of HEC last year, which is a high-quality asset. "
"Even if there is a short-term loss, the profits of HEC alone can ensure that land is worry free. You know, land is a century old brand and will not be sold easily, nor can I decide. "
Long Jianhua shook his head. "The HEC is much worse than Huadian. Especially now, on Hong Kong Island, Ap Lei Chau and Lamma Island to the south of Victoria, their industries are deteriorating, and a large number of enterprises have moved to Kowloon and the new territories; Also, our real estate development is there, and there will be fewer and fewer people here. "
"When people move north, so will business. With each passing day, the profits of HEC will not increase significantly; It's hard to support a home. "
"The situation is the same now, and everyone has no confidence in the future of xiangdao. The current share price of HEC has fallen to HK $5.5, which is a good example. "
It looked very serious, as if the senior management of HEC were analyzing for the future.
Although Niu Bijian was a man of firm will, he unconsciously reached out and rubbed his temples.
In 1980, in order to prevent the coveted by Chinese funded consortia, he operated Jardine's group and land mutual control to defend the controlling right of the company, which was achieved.
However, with the collapse of real estate due to the return of 1997, yizhi mutual control has become a burden on Yizhi system; Even the acquisition of HEC last year could not stop its downward trend.
The family has made it clear that they want to return to Eagle country. Changing the registered place of Jardine's holding company from Hong Kong to Bermuda is the first step.
Unexpectedly, the share price of Jardine Matheson and land fell by about 10%, making Jardine worse off.
All this gave him a headache.
Later, he seemed to think it was inappropriate to do so and put his hand down in a natural way. "Since you want to buy it, what price do you offer?"
Long Jianhua reached out to write a number on the tea table and said, "the package price is HK $8.8 billion."
Niu Bijian asked quietly, "I'd like to hear it in detail."
Long Jianhua said faintly, "holding 42.6% equity of Jardine, 3.7 billion; Land itself, 2.45 billion; 34.6% of HEC shares, 1.9 billion. Another 750 million, the acquisition of 30% of the land shares held by Jardine. "
There are zeros and integers, and the data is specific.
Niu Bijian couldn't help raising his hand to knead his temples, but just knead it, he immediately put it down, "Long Dong, the price is a little low."
Through this, it shows that he has not refused in his heart, which is a good beginning.
But he said, "it's not low. The current stock price and real estate market can testify to all this. "
His quotation was calculated based on yesterday's share price, only a 15% discount.
In the case of unknown future, this discount is not low. What if it continues to fall?
No one can tell the future.
This is also a gamble.