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Chapter 921 The Japanese property market

On Tuesday night, Li Guangyu went to the Peninsula Hotel to attend a reception hosted by Far East Exchange Chairman Li Fuzhao.

The coexistence of the four major exchanges in Hong Kong is about to change. The Hong Kong Exchange, the Far East Exchange, the Kowloon Exchange and the Gold and Silver Exchange will be officially merged on the 27th. From now on, there will be only one exchange in Hong Kong - the Hong Kong United Exchange.

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After several months of competition, with the support of the Heung Kong Consortium and the Lee Consortium, Li Fuzhao successfully became the chairman of the Hong Kong Stock Exchange.

He held this cocktail party today to celebrate his victory and to express his gratitude to Li Guangyu, Zheng Yutong and others. He knew very well that without the support of Li Guangyu, Lee Shau Kee, Zheng Yutong and others, he would not have been able to defeat the Hong Kong Stock Exchange.

Chairman, thus taking this position.

With Xiangjiang officially confirming its return to the mainland, many aspects of Xiangjiang are showing a situation of China advancing and Britain retreating.

Li Fuzhao's appointment as chairman of the United Exchange is one example. If it were not for the certainty that Hong Kong would return to the mainland in 1997, how could the current Hong Kong government allow a Chinese to hold such an important position?

Since Cao Weiqing had to take care of Li Songyi, Li Guangyu came to the Peninsula Hotel alone tonight accompanied by his bodyguards.

Li Guobao specially greeted guests from all walks of life outside the hotel today. Although Li Guobao is currently the person in charge of his family, Li Fuzhao is his elder, and he can only be welcomed outside at this time.

This time Li Fuzhao serves as the chairman of the United Exchange, which has greatly improved the influence of the Li family. The Li Guobao family's main business is finance, and the Bank of East Asia is their pillar industry. After Li Fuzhao becomes the chairman of the United Exchange, it will greatly increase the influence of the Li family.

It is of great help to the development of domestic industry.

As soon as Li Guangyu got off the bus, Li Guobao came up to him and said, "Guangyu, why are you here alone today? Didn't you bring your younger siblings?"

"The little guy Li Songyi is not as well-behaved as his older brothers and sisters. Neither Mother He nor the family can take care of him, so Weiqing can only take care of him at home, otherwise the whole family will be upset when the little guy cries."

Li Guobao said with a smile: "Haha, Guangyu, finally there is a little guy who wants to annoy you. Song Tao and Song Qian are really obedient. You don't know that my kid is only taken care of by your sister-in-law, and your sister-in-law still often

I lament that the boys in your family are obedient, but now you have finally met a troublesome master."

Li Guangyu couldn't do anything about this. Li Songyi was so young that he couldn't be beaten. He could only educate him well when he was older. This time would only make Cao Weiqing work harder.

After chatting with Li Guobao for a while, Li Guangyu entered the hotel.

Today's cocktail party is not only attended by members of the Xiangjiang Consortium and Li Guangyu, but also Bao Yugang, Wang Kuancheng, Xu Shixun, Huo Yingdong, Zhao Congyan, Cao Guangbiao, Rong Zhijian, Lei Juekun, Qiu Degen and others are here. This can be regarded as the Xiangjiang Hua.

A big gathering of the Zi family.

The last time we got together on such a large scale was when Feng Jingxi went to funeral last year.

Moreover, the atmosphere at that time was not suitable for everyone to talk about things. This cocktail party was just suitable for everyone to communicate.

Li Guangyu entered the banquet hall, said hello to all the elders, and sat down next to Stanley Ho.

These few people are chatting about the opening of Tianshuiwei, which involves many real estate groups in the Xiangjiang Consortium, and the Lee Consortium also includes Wheelock Group and Starlight Real Estate Group.

More than 80,000 houses were sold at one time, which was a very huge amount. Even though they had prepared for it, they still felt a little unsure when it came to the launch.

What’s even more terrifying is that there are large groups such as Wharf, Hang Lung Group, Chow Hing Properties, Kowloon Construction, Sino Land, and Hong Leong Group, as well as dozens of small and medium-sized groups developing in the Yuen Long area, and there will be more to come.

Real estate listings are available.

As for whether Tian Shui Wai can currently support such a huge market, everyone has a big question mark in their hearts.

When Li Guangyu and the others signed a three-year contract with the Heung Kong Government to complete the development of this project, they did not expect that so many real estate groups would later enter the Yuen Long area. Just their joint project could be supported by the current market in Tin Shui Wai.

Guo Desheng said: "At present, some small real estate companies in Yuen Long have begun sales. Although they are far away from the industrial park and several universities, their land is only in the high-tech park designated by the government. At present, these companies

Property sales are pretty good.

This time we gave up the previous sales method and adopted the method of selling after completion. Therefore, although we were earlier than all the groups, the sales ran behind."

Guo Desheng was not dissatisfied with this. After Xiangjiang officially confirmed its return to the mainland, the property market in Xiangjiang began to rebound, and prices were on an upward path. If they sell after the cap is reached, they can obtain more profits.

Moreover, the large real estate groups do not know whether they are deliberately letting them or they all understand the trend of the Xiangjiang property market. Except for some small real estate companies that are pre-selling, other groups have not conducted sales.

The Lee Group has always been a guiding light for Hong Kong enterprises. With the launch of this joint project, other real estate groups will inevitably follow suit. In a short period of time, hundreds of thousands of houses will be sold in the Yuen Long area.

Cao Wenjin said: "Desheng, you don't have to worry too much. I believe that this weekend's opening will definitely give us a huge surprise. Besides, this time we have Tianyu Bank, Xiangjiang Bank, Bank of East Asia, etc. to support home buyers.

At least the vast majority of the tens of thousands of people in the Coslight Industrial Park are willing to buy houses."

This time, several major banks have opened up loans to employees of the Li Group to buy houses. They are not worried that these employees will not be able to repay the loans.

This is also the reason for them to jointly establish such a huge project. If it weren't for this backing, they really wouldn't come here to invest such a huge amount of funds in development.

Lee Shau Kee said with a smile: "I believe in the market potential of Xiangjiang. With the continuous development of the Tin Shui Wai area, there will be no housing sales there. At present, I think everyone needs to focus more on Japan. From last year, the Japanese yen

After the appreciation, the property market there also began to rise rapidly, which is very similar to our property market in previous years, so everyone should seize the opportunity."

The development in Japan in the past few years has allowed the Shau Kee Group to obtain huge profits. Seeing the rapid heating up of the Japanese property market, Lee Shau Kee is ready to increase investment in Japan. As for Xiangjiang, there is no harm in taking it slow.

At present, Li Guangyu's Starlight Real Estate and Xingyue Real Estate are developing in the Japanese market. Cao Wenjin's Wanbang Real Estate, Guo Desheng's Sun Hung Kai, Cheng Yutong's New World Development Real Estate, Ho's Hongji Real Estate, and Stanley Ho's Shun Tak Real Estate are all in the Japanese market.

Increase investment there and take advantage of this east wind to earn huge profits in the Japanese market.

Listening to Lee Shau Kee mentioning the Japanese market, everyone sitting here smiled.

Zheng Yutong said: "Now Japan is very strong, especially after the appreciation of the yen, a large amount of domestic funds have flowed into the property market and stock market. I predict that within the next two to three years, both the property market and the stock market in Japan will rise rapidly. We, the New World, are prepared to suspend other investments."

regional development and make every effort to enter the Japanese market.

After this vigorous development in Xiangjiang, the market is temporarily saturated, so you can give it more thought."
Chapter completed!
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