v2 Chapter 596： Ding Quan

The Fortune Magazine reporters left with satisfactory results. What they saw and heard in the Black Cloud Group this time exceeded expectations. Not only did I learn about Bao Zixuan's product design concept and inspiration, but most importantly, I also learned about the emotional life of Bao's richest man. It was just a scandal before. After all, the parties didn't say anything. Now the richest man Bao has admitted it himself, so it seems that it is basically inseparable.

But at the same time, it will also make a large number of young women in the world cry.

The reporter of Fortune Magazine has gone back to organize the content of this exclusive interview, and will be able to meet readers in the next issue of Fortune Magazine. At the same time, Bao Zixuan's photo will also appear on the cover of the current issue, as the most influential economic figure in 1982.

But these have little to do with Bao Zixuan, because he is about to have a meeting with Li Zhaoji.

Li Zhaoji didn't quite understand Bao Zixuan's invitation at first, but as a tycoon who has been in the shopping mall for many years, he can still guess something.

After Li Zhaoji returned home, he began to analyze what Bao Zixuan wanted the most in his hands. After sorting it out, he found that only the richest man in the New Territories wanted to get it.

As one of the Five Tigers of Heung Kong Real Estate, Lee Shau Kee's development route is very different from the others. Henderson Land's main business comes from two aspects, one is the development of old buildings.

Many Xiangjiang people have emigrated or left Xiangjiang, but their ancestral homes have not been sold. Lee Shau Kee arranged for people to advertise all over the world, as long as the Chinese in Hong Kong can see it. Thinking that just one trip back to Xiangjiang can solve all the problems, it is useless to put the house anywhere; many people do not plan to return to Xiangjiang to live, and basically sell their houses to Henderson Development. This is the most time-saving and labor-saving way, and Henderson Land Development will solve many problems.

The price given by Li Shau Kee is relatively reasonable, and will not deliberately lower the price because people are not in Hong Kong. Therefore, in the demolition and development of old communities, Li Zhaoji is definitely the first person in Xiangjiang.

The second aspect is that he has acquired a lot of land in the New Territories. It can be said that he is one of the largest landowners in the New Territories. Bao Zixuan most wants to get land in the New Territories. As for other projects of Henderson Land, the richest man may not be able to see it.

Now that he knows what the other party wants, Li Zhaoji is more relieved, so that he will have bargaining chips and will not be so passive.

It was still the Peninsula Hotel. Li Zhaoji booked a room and waited for Bao Zixuan to arrive. He knew that getting the shares of Baohuodong Mining Company was the only chance at this time. After this time, he might not be able to get more in this life. Because as long as the financial data is released, Baohuodong Mining Company is definitely the second largest company in Xiangjiang by market value, and he must not be able to buy many shares.

Knowing that Li Zhaoji was waiting for Bao Zixuan, Michael Kadoorie chatted with him in the room for a while. It was not until Bao Zixuan came over to say hello before leaving, the two bosses must have something to talk about. I don't want people to know about business secrets, so there's no need to blame it.

Bao Zixuan: "I'm very sorry for making Li Sheng wait for a long time."

Li Zhaoji: "Bao Sheng is joking, I just arrived a little early; you are not late, 5 minutes earlier than we agreed."

The waiter started serving food for the two of them, and everyone didn't waste time talking while eating.

Bao Zixuan: "Li Sheng should have guessed the purpose of my invitation to come here. Everyone is acquaintances, so I'll get straight to the point. There's no need to hide it.

In fact, Bao Zixuan didn't want to come to negotiate by himself, but sometimes respect is more important than anything else. If a professional manager is sent over, Li Shau Kee will feel that he does not pay enough attention to it, and it will be more harm than good.

Li Zhaoji said with a smile: "I didn't react at first, but after I went back, I cleaned up the assets. I found that the only thing Bao Sheng was interested in was the land in the New Territories."

"Bao Sheng wants to build a group headquarters in the New Territories. Anyone with a discerning eye can see it. Although I really want to get the shares of Bao Huo Dong Mining Company, after all, this is a hen that lays golden eggs. But as a friend, I still have to remind The situation in your New Territories is very complicated, and it is not suitable for large-scale construction.

"Ding" refers to adult men and strong men, and "quan" refers to rights and rights; therefore, the "Dingquan" policy is that boys who are originally residents of Hong Kong have the right to apply to the government for legal land to build their own houses when they reach adulthood.

After June 7, 1967, and in the 1970s, the government planned to develop the New Territories. In order to gain the support of the indigenous residents of the New Territories, the then Heung Kong government implemented the "Small House Policy" in December 1972. Male Heung Kong Indigenous Residents who are recognized village residents in the New Territories.

Each person can apply once in a lifetime to build a small house with a total of 3 floors and an area of ​​no more than 65 square meters within the approved area, without paying the land price to the government. The right to build a small house is the right to build a small house.

On November 29, 1972, when the New Territories Director of Home Affairs, Mr. Lai Tung-yee, announced the small house policy to the Legislative Council, he had emphasized that the small house was only a short- and medium-term measure. The purpose is to build a small house so that the indigenous inhabitants can obtain a better environment.

The government also established the "Restriction on Sale, Purchase and Assignment Clause", which stipulates that if indigenous residents who own small houses want to sell and transfer their small houses to non-indigenous residents, they must apply to the government for land premium and obtain written consent from the Lands Commissioner before proceeding. The land on which small houses are built is usually villages or agricultural land in the New Territories or outlying islands.

According to an estimate by Heung Yee Kuk in the New Territories, there are 240,000 male indigenous residents who have the right to apply for building a small house (commonly known as "Ding Quan"). The "Ratings Ordinance" enacted in 1973 provides that houses in the villages, including small houses, can be exempted from paying rates.

In the market outlook, people often say that 70% of the land in Xiangjiang has not been developed, which has a lot to do with the policy of determining rights. The situation in the New Territories is too complicated. Many people who own small houses are unwilling to move out, or want to receive huge compensation for demolition.

When developers want to develop, they need to pay the land price difference to the government, and at the same time compensate the owner of the small house for the demolition cost. In combination with housing prices in the New Territories, there is simply no value or necessity for development.

Bao Zixuan: "I'm not very good at real estate development, so I asked Li Sheng to give some advice."

Lee Shau Kee: "When the house price in Heung Kong was the highest, many people wanted to develop the New Territories, but the project was stranded because of the complicated situation. To develop the New Territories requires buying a lot of small houses, and at the same time buying the land next to the small houses from the Hong Kong government. Pay the difference in the land price for the purchase of a small house to the Hong Kong government. The land price looks cheap, but in reality we need to pay twice the land price or even higher.”

"It's fine if you just pay a little more for the land, but I heard that real estate developers want to develop the land. Many people want to build small houses near the land. There are 240,000 people in the New Territories who have this qualification."

"Imagine that the high-end real estate is surrounded by strangely-shaped small houses. Who else would come here to buy a house."

Bao Zixuan did not expect things to be so complicated, it would be strange if the development of real estate did not pay for it.

Bao Zixuan: "Then why is Li Sheng still buying so much land in the New Territories? Don't you worry about it! We are all friends, since you can see that I want to build the Heiyun headquarters in the New Territories, as a real estate developer in Xiangjiang for many years. A real estate tycoon should have a coping strategy. I also love that Li Sheng can give some advice, don't hide it or you won't have enough friends."

Li Zhaoji really wanted to get some shares of Baohuo Dongfang Mining Company, but many things still had to be made clear in advance, otherwise Bao's richest man didn't figure out what was going on, and he would have to blame himself for any trouble after the construction. Offending such a person is not a good thing. In the future, when you encounter a crisis, people will really not be able to get up if they step on you.

Lee Shau Kee: "Actually, I have also considered this issue However, Henderson Development's development in the New Territories is mainly low-end real estate, and these customers do not have such high environmental requirements."

"The New Territories are about 975 square kilometers. Of course, there are 233 islands here; but the main area is also 300 square kilometers, which is much larger than Kowloon and Hong Kong Island combined."

"If you want to vigorously develop the New Territories, you must solve the problem of determining rights. The most direct way is to buy from those who have the qualifications for D rights. Then you will compensate the Hong Kong government for the land price, but the cost of doing so is bound to be very high."

"There is another way to take down Tai Mo Shan, which is the highest peak in the Hong Kong River. It is very suitable for building holiday villas. However, the area is a bit large, and the relationship between the Hong Kong government must be opened up. After all, it is a public green space."

"After winning Tai Mo Shan, I bought the land between Tai Mo Shan and Tin Shui Wai. The total area is nearly 70 square kilometers, which is not much smaller than the area of ​​Xiangjiang Island."

"It's enough to build anything in such a big place, and it can continue to expand outwards."