Chapter 43 Xiangjiang Real Estate Construction Chamber of Commerce
The Chamber of Commerce then discussed some matters about Xiangjiang Real Estate, and also discussed the situation of Xiangjiang's next land auction.
Since Xiangjiang's land resources are limited, before the Xiangjiang government auctions land, the construction chamber will negotiate within the construction chamber to auction the land to avoid internal competition among Chinese capital, thereby raising the land price.
Li Guangyu's Xingguang Real Estate is currently busy with the development work of Tin Shui Wai and has no interest in the auction to be held by the Xiangjiang government, so he quietly watched the big guys negotiated one by one, compromised each other, and did not express any opinions.
After the meeting, Ho Ying-tung walked towards Lee Guangyu. Lee Guangyu said to him: "Hao Sheng, thank you for your recommendation, allowing me to join the Real Estate Construction Chamber of Commerce."
Ho Ying-Tong smiled and said, "Li Sheng, I'm just following the flow. I believe that even if it's not my recommendation, you will join soon."
"I'm lucky if Huo Sheng has won the award. I'm still far from all the seniors here than I have the ability." Li Guangyu said modestly.
"I think no one in Xiangjiang citizens will doubt your ability nowadays. If it weren't for this, how could Li Ka-shing, Li Ka-shing, Guo Desheng and others recommend you to be the director of the executive committee?" said Ho Ying-tung.
Only then did Li Guangyu realize that they were the executive directors. Li Guangyu was surprised at first. How could Ho Ying-dong and others push them to the board of directors directly? Isn’t that offending a large number of other people? With Li Ka-shing and the recommendations of Stanley Ho and the status of Ho, and with Ho Ying-dong and others working hard behind them, it would be useless even if some people disagree.
Li Guangyu said: "These are the elders who respect me. I will definitely offer more suggestions to the Chamber of Commerce in the future and live up to everyone's trust in me."
Ho Ying-tung invited Lee Kwang-yu and said, "Li Sheng, do you have time to attend a banquet I held tomorrow night?"
Li Guangyu happily agreed to Ho Ying-Tong's invitation: "I certainly have time for Huo Sheng's invitation, and I will definitely be here tomorrow night."
...
At noon, in the private room of Peninsula Hotel, Li Guangyu and Stanley Ho talked about the affairs in the chamber of commerce.
"Guangyu, don't take the construction chamber too seriously. Although we have a high status in Xiangjiang, we don't care much about these things at our level." Stanley Ho said to Li Guangyu.
"Uncle, I don't know much about this, and I don't plan to vigorously develop the real estate industry in Xiangjiang to avoid competing with everyone for food." Li Guangyu said to Stanley Ho.
"If you don't enter the real estate industry in Xiangjiang, you don't need to pay too much attention to the real estate construction chamber of commerce. At worst, you can just go and listen to it when you have a meeting, and sometimes you can even not go."
Li Guangyu is really not ready to compete for territory with major real estate companies in Xiangjiang. He is planning to wait for the group to develop Tianshuiwei and jump to RB, which is where to make a fortune. RB With the rapid development of the economy, RB housing prices are also rising. It will not be until 1989 that the myth will be shattered. How could Li Guangyu give up such an opportunity to pick up money?
"Uncle, I am going to let Xingguang Real Estate Group practice in the development of Tin Shui Wai, and then prepare to let it develop in RB. I think with the rise of RB economy, RB's real estate will also usher in a good opportunity. If my uncle is willing, you can also let your real estate company and Xingguang Real Estate Group find opportunities at RB." Li Guangyu is going to pull Stanley Ho to make money together.
Stanley Ho didn't agree with Li Guangyu's words and said, "You should go to RB to develop and avoid quarrel with the major families in Xiangjiang. My uncle mainly focuses on Xiangjiang and Lisboa, and there is no plan to invest in foreign countries at present."
Seeing that Stanley Ho was unwilling to go to RB development together, Li Guangyu did not advise him too much. At present, all major families in Xiangjiang are relatively conservative and all take root in Xiangjiang.
Li Guangyu then said, "Uncle, when the meeting just ended, Ho Ying-tung invited me to attend a cocktail party he held tomorrow night. What's wrong with him?"
"You have also received his invitation. I don't know what's going on at the moment, but his invitation to gather people from all major families together is probably related to the mainland." Stanley Ho said.
"Uncle will go tomorrow, so I will go with you tomorrow." Li Guangyu said.
Li Guangyu knew that Ho Ying-tung brought everyone together this time, and must be talking about the issue of belonging to Hong Kong. So Li Guangyu had to go with Stanley Ho so that if there were any problems, he could be given to Stanley Ho.
"Okay, come to my house at 6:30 tomorrow night and let's go there together." Stanley Ho replied immediately when he heard that Li Guangyu was going to go there with him.
In the afternoon, Li Guangyu was going to go to Xiangyu Group, but Li Ka-shing found him and asked him to hold a board meeting at Cheung Kong Group.
Li Guangyu was a little puzzled by Li Ka-shing's board meeting. Li Guangyu had never asked about Cheung Kong's business again. Why did Li Ka-shing notify him to hold a board meeting?
After Li Guangyu came to Cheungshi Group to meet Li Ka-shing, he asked: "Uncle Li, Cheungshi is developing rapidly under your leadership. Why do you suddenly have a board meeting?"
Li Ka-shing said: "Guangyu, I have a big plan this year that needs to obtain the support of the board of directors and also explain it to the board of directors."
Li Guangyu was puzzled: "Uncle Li, you are now the absolute major shareholder of Cheung Kong Group, with more than two-thirds of the shares. Wouldn't you just decide?"
Seeing Li Guangyu say this, Li Ka-shing replied: "After all, you are also shareholders of Cheung Kong. Although I can make a decision directly, our group can develop better with your support. Moreover, I still have to tell all the directors about my actions."
Li Guangyu thought, no wonder Li Ka-shing will be so successful in the future, and there is a reason for this. Just based on his attitude towards all shareholders, many people are willing to cooperate with him.
"Uncle Li, just do whatever you do. I will definitely be consistent with you on the board of directors." Li Guangyu said.
After hearing Li Ka-shing's words, he was very happy and said to Li Ka-yu: "Guangyu, I am going to do something big this year. Last year, I did not chew the Jardine Whampoa consortium on Jardine Hutchison Whampoa. This time I am going to sway Jardine Hutchison Whampoa."
When Li Guangyu heard this, he found that Li Ka-shing wanted to acquire Hutchison Whampoa, and he definitely needed support. Cheung Kong's acquisition of Hutchison Whampoa made a lot of money. This is Li Guangyu making money with him.
He said to Li Ka-shing: "I absolutely support Uncle Li's actions. I just need any help. If I lack money, I can inject funds."
Li Ka-shing was very happy with Li Guangyu's support, but when he heard that Li Guangyu wanted to inject capital into Cheung Kong Group, he immediately said: "Guangyu, I am also a plan. Cheung Kong does not need shareholders to inject capital at the moment."
Li Guangyu knew that this was Li Ka-shing's fear that his investment in Cheung Kong Group would shake his control in Cheung Kong, so he did not mention it after Li Ka-shing refused. Li Guangyu arranged for Yuan Tianfan and others to slowly absorb Hutchison Whampoa shares in the market. However, Cheung Kong acquired Hutchison Whampoa, and Li Guangyu could also increase his shares in Hutchison Whampoa.
Later at the board meeting of Cheung Kong Group, since both Li Ka-shing and Li Guangyu agreed to acquire Hutchison Whampoa, several other shareholders agreed to Li Ka-shing's plan.
Chapter completed!