In the blink of an eye, it was March 1986. For more than a year, the development of the Li Group had not been much troubled, and because of the joint venture discovered in the New Yigeji Iron Mine in the Pilbara region, the Li Group once again

Harvested US$9 billion in cash income.

The proven reserves this time are larger than those of the Marandu iron ore, so the price for selling the shares is also higher.

At the same time, with the leadership of the US government and the alliance of several Western European countries during this year, the appreciation of the yen was inevitable. After the Plaza Accord last September, the value of the yen began to soar. We were already prepared.

The Li Group made huge profits from this operation.

At the 1985 summary meeting, the profits of the Lee Group exceeded 30 billion US dollars for the first time, reaching 34.5 billion, of which iron ore and the stock market played a very large role in promoting it.

It is estimated that there will be an abnormal surge like last year in 1987, 1990, 1997, 1998, 2000, and 2007. Usually, major groups still need to take it step by step.

Now Li Guangyu has very strong funds in his hands. He has injected US$2.5 billion into Heung Kong Air Transport Group, US$500 million into Chunghwa Electric, US$2 billion into Kowloon Group, and US$1 billion into Wheelock Group.

US dollars, he injected US$1 billion into Regal Hotels, and he still holds US$26 billion in his hands.

Moreover, he did not transfer the profits from some groups, but placed them in these groups so that they would have enough financial resources to continue to expand.

And this time the funds in his hands will go to Western Europe, where privatization has begun to spread from England to the Western European continent. Now with such a large amount of funds, how could he let go of such an opportunity.

In response to this acquisition, Li Guangyu did not even repay the US$5 billion in debt owed to the Japanese consortium.

At present, Li Guangyu's office has settled in the newly completed Wheelock Building, which is the tallest building in Hong Kong so far. It is taller than last year's HSBC Building.

However, Wheelock Tower cannot occupy it for two years. The designed height of Hong Leong Tower under construction by a Singaporean consortium is even higher than Wheelock Tower, and the designed height of Bank of China Tower in mainland China ranks first.

At present, Wheelock Building is mainly the office of Li Guangyu and members of the executive team. It also houses Wheelock Group, Hengyu Supermarket Group, Tianyu Financial Group, Qinghong Law Firm, Zhou Xiaoning Accounting Firm, and China Electric Group.

The former Lee's Building was officially renamed Starlight Building, where Starlight Real Estate Group, Feiyu Group, Hongyu Clothing Group and Regal Hotel Group work.

In more than a year, Jiayi Building and Xiangjiang Aviation Building were also completed one after another. Jiayi Group once again returned to Mount Wutai and became neighbors with several major radio stations.

Although the development of the enterprise is gratifying, what makes Li Guangyu most happy is that Cao Weiqing once again gave birth to a son for him. The fourth child in the family was named Li Songyi by Li Guangyu.

Of course, there were also sad things for Li Guangyu in the past 85 years. Feng Jingxi, a core member of the Heung Kong Consortium, chairman of New Asia Investment Company, and chairman of the board of directors of Sun Hung Kai Financial Holdings Group, passed away due to illness during this year. This was a great blow to the Heung Kong Consortium.

Big blow.

Feng Jingxi has always been the leader in charge of the financial investment of the Xiangjiang Consortium. He has a very high talent and vision in finance. The other big guys of the Xiangjiang Consortium are more in business, and their financial abilities, especially in the stock market, are not very good.

If Li Guangyu had not had the foresight, his Tianyu Investment Company would really not be able to compare with Sun Hung Kai Securities Company.

In the office of Wheelock Building, Li Guangyu asked Gan Qin: "These are the people traveling to Western Europe this time. You have to notify them one by one. We will fly directly to Paris on the 28th."

This time Li Guangyu went to Paris with a very large lineup, including Yuan Tianfan, president of Tianyu Financial Group, Zhao Xiaoyan, president of Kowloon Group, Qin Yu, president of Xiangjiang Communications Group, Shi Shaoming, president of Jiayi Group, Hui Yin Fujiwara, president of China Electric Group, and many group vice presidents.

President.

His ally in France, Chirac, successfully became prime minister in the election yesterday, March 16. This time France will implement left-right co-governance, with the president responsible to the voters and the prime minister responsible to the parliament.

As a staunch reformer, Chirac's campaign slogan was to privatize some French companies while in office. As the Lee Group has maintained good relations with them in the past two years, Chirac naturally invited them, hoping that the Lee Group can

Join the French privatization reform process.

Li Guangyu has long coveted some industries in France. With such an opportunity this time, and now with enough opportunities, how could he give up.

Gan Qin said: "Li Sheng, I have written it down. The development of the Tianshuiwei area has basically been completed. It will be officially opened at the end of this week, and many of our industries will move in. All shareholders of this joint opening will be present. Guo Qingya asked

I ask what you mean."

After more than two years of accelerated construction, Li Guangyu and other major groups have fulfilled their commitment to the government and completed the development within three years. This time, the major groups have spent more than 10 billion Hong Kong dollars on the joint development of Tin Shui Wai.

Investing in it is very rare.

Several major real estate groups have sold more than 80,000 units this time, which has solved the housing shortage problem in Hong Kong. Moreover, the units built this time are much larger than those in the urban area. There are very few 400-square-foot units here.

Most of them are units of 600 to 800 square feet, allowing Xiangjiang citizens to have a relatively spacious living area.

This time, more of these apartment types are provided to employees within the Lee Industrial Park and residents in the Yuen Long area. As for the urban area, since the subway stations and highways are still under construction, if they are not long-term investors, they will not be able to rent them for the time being.

Will choose to buy real estate in Tin Shui Wai.

Fortunately, Tin Shui Wai now has sufficient market support. Now Tian Shui Wai is home to three universities, namely, Heung Kong Aviation College, Heung Kong University of Communication, and Heung Kong Chinese University. The popularity here has begun to soar. Kangxin Hospital has also completed its expansion, which is enough to meet the needs of the Tin Shui Wai area.

The construction of the High School Affiliated to Chung Hwa University in Hong Kong has also been completed. At the same time, Cheung Shi Primary School, Sun Hung Kai Primary School, and New World Primary School have all been completed. The Xingguang Middle School and Primary School under Li Guangyu have been expanded in order to reassure the citizens who come to settle down.

The speed of development this time can be said to have refreshed the record of real estate development in Xiangjiang. Previously, Xiangjiang Real Estate Group developed one phase after another after acquiring the land. Only this time, the entire project was developed at the same time, and it was launched after it was completed.

This has not happened in decades.

Moreover, the electricity used in the Tin Shui Wai properties this time is all supplied by the Heung Kong Electric Group. After several years of construction, the first and second phases of the power station in the northwest of Tin Shui Wai have been completed, and power supply has begun to the Lee Industrial Park. This has made the Heung Kong Electric Group

Market value soared further.

In the past, Heung Kong Electric Group's market has been shrinking to Heung Kong Island, Lamma Island, Kowloon, the New Territories and other places. The market has been occupied by Heung Kong and China Electric Power Group. This has also resulted in the market value of Heung Kong Electric Group being only a little more than one-third of the other party.

After the Tin Shui Wai Power Station was put into use and began supplying power to Li's Industrial Park, its market value has begun to approach that of Heungkong China Electric Power Group.
Chapter completed!