Baiyue Cave Master

"Yuan Chao, why do I feel like the atmosphere of this auction is a little off?

Many plots of land seemed to be shot very intensely.

But why do the auction prices seem to be far lower than everyone's expectations? "

Wang Yuanchao put his arm around Liu Qianqian's shoulders, sighed and said:

"Hey, Chinese businessmen in Hong Kong have been dealing with the white people from the pirate country for so long.

I already know how to deal with the white people cutting leeks.

Those who can build such a large industry are all smart people.

The Hong Kong government has made it clear that it wants to use the land to reap everyone's wealth.

Everyone also hopes to make money through real estate.

But this does not mean that everyone will fight to the death and be reaped at will by the Hong Kong government.”

"Over the years, many of Hong Kong's richest people have made their fortunes in real estate.

Except for some foreign companies, almost all of Hong Kong's real estate industry has been monopolized by the Chaoshan Chamber of Commerce and the four major comprador families.

It is difficult for other businessmen and enterprises to enter this industry and compete with them.

Just like the land auction this time, they will let everyone fight for some marginal land and will not block everyone's way.

As for the land in some prosperous places, these companies and families have already held internal meetings and selected them.

They will raise the land price internally to a price acceptable to the Hong Kong government, and then make the deal.

That was all for show, there was no competition at all.

As for the land that everyone had allocated and liked, we outsiders took a fancy to it and competed with them.

They will use various means and pressure to force them to give up.

Therefore, the game of Hong Kong real estate wealth has always been in their hands, and it is difficult for outsiders to intervene. "

"Ah?, aid to Korea,

We just auctioned four plots of land in Barker Road, Victoria Peak and Deep Water Bay.

Why didn’t they bid against us?”

Wang Yuanchao smiled and said:

"We can only build one luxury house on each of the four plots of land we bought. The land is too small.

Compared with other land developments, the economic value is not high, and these families have no shortage of luxury homes in Victoria Peak and Deep Water Bay.

We are all mature businessmen, we have no economic interests, no hatred or grudges, what is the point of them fighting with us?"

"Ah? So, if there is not much economic benefit, then why do we spend so much money to buy these plots of land?"

Wang Yuanchao smiled inexplicably and said:

"Hey, this is where everyone's perspective is different.

These real estate development companies and wealthy families, in the real estate business, pursue high capital turnover, pursue rapid land acquisition, rapid construction, use bank funds for investment, and quickly sell and recover funds.

Therefore, the better the location of the land and the larger the area, the more money people can make, so they have very high requirements for the land.

They don't look down on ordinary land and will give it to other people and companies participating in the land auction, and pick up some scraps to take home.

But we are different. We have premium rice, a stable and scarce product with a monopoly nature. It provides a stable source of funds for our company, so our company is not short of money.

But we can't just leave the money our company earns in the bank.

Because the bank's interest rate cannot keep up with inflation and currency depreciation.

If we keep our hard-earned money in the bank,

In fact, we are losing money every day.

So we need to continue to invest the money we earn and use it to make money, which is in our interest.”

Wang Yuanchao raised his head, looked around at the excited and crazy figures at the land auction, and then continued:

"In Hong Kong, a place with a developed economy and a large population and limited land,

What other investment would be more profitable than investing in real estate or the property market?

Land and houses are important resources that are indispensable for economic development.

Moreover, the land in the prime location is irreplaceable. When one piece is sold, there is one less piece of land.

So for us, holding real estate properties in prime locations,

By holding these properties, you can use them to enjoy the benefits of social economic development.

Taking advantage of the scarcity of land and properties in prime locations, we will enjoy the appreciation of land and properties during social and economic development.

By then, the scarce properties we hold will passively enjoy the dividends of Hong Kong's economic development.

In this way, how fast Hong Kong's economy will develop in the future, how fast the land and property market will rise,

Our assets and worth are rising rapidly.

The speed at which this asset appreciates is far from comparable to the value of keeping money in a bank.

To put it bluntly, after we spend money to build the four luxury residential plots we bought today, we won't have to do anything else.

In 20 to 30 years, these four luxury houses can easily bring us tens of billions of Hong Kong dollars, do you believe it?"

Liu Qianqian stared with her eyes wide open, unable to believe what Wang Yuanchao said, but it was not easy to argue with Wang Yuanchao in such a public place, so she could only perfunctorily respond:

"Well, Yuan Chao, I believe you."

This impetuous answer made the atmosphere between the two of them quite awkward for a moment, and there was no point in continuing the conversation.

As the host shouted:

"ladies and gentlemen,

The following plot of land is No. 888, Tsim Sha Tsui, located opposite Harbour City in Tsim Sha Tsui. The reserve price is 5000 million Hong Kong dollars, and the starting price is not less than 10.

Friends who are interested, please start bidding now. "

When Wang Yuanchao saw that the land he had favored was finally put up for auction, he didn't bother to worry about the auction strategy.

The auction budget prepared by his company this time is as high as 2.3 million yuan, and his personal account in the Swiss bank has as much as 8 million Hong Kong dollars.

I just bought the land in Barker Road, Victoria Peak and Deep Water Bay, and spent less than 2000 million Hong Kong dollars in total.

The market value of this piece of land is only about 2 million yuan.

Once the price exceeds this, not counting the effect of land price appreciation, these families and real estate developers will simply lose money and make no money.

So in order to avoid being drawn into a protracted bidding war with others, Wang Yuanchao decided to show his determination to take over the land.

Listening to the bidding in the venue,

"Cheung Kong Holdings offered 6000 million."

"Hang Seng Properties offered $6500 million."

"New World offered 6800 million."

Wang Yuanchao suddenly stood up and shouted regardless:

"Xiangjiang Group offered 2 million yuan."

As Wang Yuanchao's bidding voice echoed in the meeting room, the entire venue fell silent for a moment.

Then a chaotic voice sounded in the meeting hall.

"Hi~"

"Oh my god, is Xiangjiang Group crazy? They bid 2 million for this piece of land?"

"Damn, are you kidding me? This piece of land is not worth 200 million, okay?"