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Chapter 675 Proposal for Takeover Again

People from the Hong Kong government are walking around, visiting large enterprises, and visiting some new enterprises; it may really have some effects, such as real estate, stock market index, and exchange rates, but there is no sign of recovery.

The price of real estate listed is still the same, including the three pieces of Chongshi Group, and no one has taken over them, and many intermediary institutions have rarely made transactions.

But some careful people found that no one posted a busy area.

Some well-informed people also revealed that many prosperous areas have been bought by people; those on the mountains will be purchased immediately as long as they have the intention to sell.

For a time, various public opinion surged again...

On March 22, the Hong Kong government started land auctions in the first half of the year, which is a touchstone.

The willingness to buy land represents the confidence of the real estate industry in the economy.

Before the auction, relevant personnel from the Hong Kong government announced that given the current economic situation, the policy of limiting the deadline will be pushed to five years later, and the dull venue will be injected with a little vitality.

In the end, two of the twenty-six land auctioned this time failed to be sold.

This result has caused more people to wait and see...

On the 28th, British-funded Jardines Group suddenly announced that it would recommend changing the registration location of Jardines Holdings from Hong Kong to Bermuda.

That night, London Hong Kong stocks fell sharply and stopped at one point.

The next day (29th), the Hang Seng Index closed at 1057.09, down 61.76 points.

Correspondingly, the exchange rate fell again, and the price of real estate fell immediately...

This move was made at this time, which made the local wealthy people in Xiangdao leave their anger, including Long Jianhua.

After browsing Jardine's information, he immediately asked his chairman Niu Bijian to meet.

On the 30th, the two met in a teahouse, only two people.

Niu Bijian, who was 48 years old at the time, seemed energetic. He held Long Jianhua's hand and laughed, "I have heard of Long Dong Daming for a long time, and I have only met today... However, it is better to see him than to hear him at first, and he is extremely honored."

As a Tianjin-born man, he still has a good understanding of Chinese culture.

Long Jianhua also laughed and said, "Chairman Niu is a man of the world. He has admired him for a long time and wished he would meet him soon. It's a pity that the business is busy, so he got what he wants today."

After the two of them sat down, the tea-making girl gave each of them a cup of tea. Long Jianhua said to her, "Let's do it ourselves."

Niu Bijian smiled and drank a sip of tea, "Dr. Long, what's the good thing today? Do you think of an old man like me?"

Long Jianhua smiled, "Chairman Niu is really willing to laugh at himself. If you are old, how should those over fifty years old deal with themselves?"

After taking a sip of tea, he said, "I'm here this time and I want to buy your land."

Niu Bijian picked up the teacup and drank the tea to cover up the thrust of his face. After putting it down, he asked, "Dr. Long, don't you have a real estate company? Why do you think of buying our land?"

Long Jianhua leaned against the sofa stool and stretched out his hand to pull his sleeves. "Chairman Niu, I said it straight. The situation in Xiangdao is now unknown, and real estate is going down all the way, and I don't know when I will see the sky."

"Now that everyone is not making money, it is better to merge the merger to avoid being traumatized and it is good for everyone... Especially for Land, the situation is not good now."

Hearing this, Niu Bijian cursed in his heart.

Others don’t know the actions of Chongshi Real Estate, but as a large British company, they know their actions very well.

After listing three real estate in remote areas, the real estate industry plummeted, but they started to acquire it. No matter whether it is meat or fishy, ​​as long as it is not too remote, more than 60% of them were taken down by them.

Land Land Company has been hit by the price of Chongshi Real Estate since last year, resulting in a sharp drop in profits and even serious losses; due to the acquisition of Hong Kong Lights, there was a problem with cash flow, and there was basically no desire to buy new land.

They had planned that when the situation in Xiangdao is unclear, they no longer purchase new land, mainly to digest inventory; so at the land auction on the 22nd, they were a spectator; after seeing two failed pictures, they strengthened their beliefs.

If this continues, Land Land will really go bankrupt and will at least soon become a second-rate real estate company in Xiangdao.

After scolding in his heart, he sighed, but said, "As a long-standing enterprise, it is not so easy to fall. You also know that we acquired 34.9% of the shares of Gangdeng last year, which is a high-quality asset."

"Even if you lose money in a short period of time, the profits of Hong Kong Lighting can ensure that Land Land is worry-free. You know, Land Land is a century-old brand and will not be sold easily, and it is not something I can decide."

Long Jianhua shook his head, "Hong Kong lamps are much worse than Huadian. Especially now, Hong Kong Island, Ap Lei Chau and Lamma Island, which are south of Victoria, their industries are degrading, and a large number of enterprises are moving to Kowloon and the New Territories; and our real estate development is there, and fewer and fewer people are here."

"Business will also be like this when people move northward. One goes up and the other goes down, and the profits of Hong Kong Dian will not increase much; it is difficult to support a land."

"The current situation is like this again, and everyone has no confidence in the future of Xiangdao. The current share price of Hong Kong Dinner has fallen to HK$5.5, which is a good example."

That expression was very serious, as if the senior managers of Hong Kong Ding were analyzing the future.

Although Niu Bijian is a man with a strong will, he still unconsciously reached out and rubbed his temples.

In 1980, in order to prevent the Chinese capital consortium from coveting, he operated Jardine Group and Land to defend the company's controlling rights, and this goal was achieved.

However, with the collapse of real estate due to the return of 1997, Yizhi Mutual Control and Resistance against Yizhi Mutual Control was burdened; even though it acquired Hong Kong Lighting last year, it could not stop its downward trend.

The family has made it clear that they will return to Eagle Country, and changing the registration location of Jardinet Holdings from Hong Kong to Bermuda is the first step.

Unexpectedly, with this announcement, the share price of Jardine & Land fell by about 10%, which made Jardine’s inside and outside the house and suffered greater losses.

All of this gave him a headache.

Later, he seemed to think it was inappropriate to do this and put his hands down in a natural way, "Since you want to buy it, what price do you pay?"

Long Jianhua reached out and wrote a number on the coffee table, saying, "The price of a package is 8.8 billion Hong Kong dollars."

Niu Bijian asked calmly, "I would like to hear the details."

Long Jianhua said lightly, "Hold 42.6% of Jardine Mahjong's equity, 3.7 billion; Land Land itself, 2.45 billion; 34.6% of Hongdeng shares, 1.9 billion. Another 750 million yuan will acquire 30% of Land Land held by Jardine Mahjong."

There are zeros and wholes, the data is specific.

Niu Bijian couldn't help but raise his hand to rub his temples, but as soon as he rubbed it, he immediately put it down, "Dr. Long, this price is a bit low."

Through these words, it means that he has no choice but to refuse, which is a good start.

But he said, "It's not low. The current stock price can prove all this with the real estate market."

His quotation was calculated based on yesterday's stock price, but he only received a 15% discount.

With an unknown future, this discount is no longer low. What if it continues to fall?

No one can explain the future clearly.
Chapter completed!
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