Rebirth of the Evil Life
Chapter 2831 The rights and wrongs of real estate
Rarely has such a big event happened in Hong Kong. La Niu Niu mSince Li Zekai She Tunxiang’s acquisition of Hong Kong Telecom in 2000, Hong Kong has been very calm in the past few years, and no major incidents have occurred. This time, suddenly Lin Feng and Li Ka-shing announced a joint press conference. What will happen when the two big guys get together?
This is surprising and curious. It not only makes Chinese people curious, but also makes Westerners curious. This Lin Feng is already very powerful, which is confusing enough. If he cooperates with the proud Chinese Li Ka-shing, it will be even more confusing. This will become a bug. After all, Lin Feng's foundation has always been very shallow. This is the criticism of some upper-class people in the West against Lin Feng. In their view, Lin Feng is purely a nouveau riche, but his rise was too violent. But no matter how fierce he is, he is still an upstart.
But if you cooperate with Li Ka-shing, it will be different. The two sides can completely complement each other in many fields, and Li Ka-shing's status and connections in the Chinese community are enough to allow Lin Feng to quickly get rid of the status of a nouveau riche, and will be even more successful!
The entire Chinese community is looking forward to today's press conference. All walks of life in the West are cautious and worried. They are not worried about Li Ka-shing. He is a man who plays by common sense and his words and deeds are predictable. But Lin Feng is different. He is a person who doesn't play by common sense. You never know what he will do next!
"Everyone, I'm here today to announce a few things. Of course, I can't take the spotlight. I'll invite Mr. Li Ka-shing to make the announcement!" Lin Feng sat down with a smile.
Li Ka-shing did not speak, but motioned for Li Zeju to stand up. In this regard, it is clear to all reporters that Li Zeju has been officially designated as the heir of the Li family by Li Ka-shing. The only difference is when it was announced.
Li Zeju stood up.
"We at Hutchison Whampoa will invest US$1 billion to take a stake in Mr. Lin's 'Second Real Estate Co., Ltd.'. We will jointly develop the real estate market in mainland China! Build more livable, high-quality and affordable residential buildings for residents in mainland China. "Li Zeju said with a smile.
hiss! Many reporters took a breath. The Li family has taken a stake in the ‘Second Real Estate’, dear, that’s really a strong alliance. Li family. That main business is the real estate market. Lin Feng, on the other hand, has unparalleled popularity and connections in mainland China, and both parties cooperate. That could be called a match made in heaven.
"Mr. Li, what is the shareholding ratio between the two parties?" a reporter asked.
Li Zeju smiled slightly.
"We will hold 30% of the shares, and Mr. Lin will hold 70% of the shares." Li Zeju glanced at the surprised expressions of everyone and continued, "However, because Mr. Lin had an agreement with Mr. Donald Trump, in the end, we will hold 70% of the shares." The ratio may be 30% held by us and 15% held by Donald Trump.
Mr. Lin holds 65% of the shares. "
What! And Donald Trump! Many reporters could no longer calm down. Donald Trump is a New York real estate tycoon. The Li family is the king of real estate in the Chinese community, and Lin Feng is a super rich man in mainland China, a business genius who only happens once in thousands of years. The three cooperate. That is simply invincible and frightening. That’s okay! Those real estate developers in mainland China. At this moment, I'm afraid I can't sit still.
Indeed, at this moment, Chinese real estate developers such as Wang Shi, Pan Shiyi, Zhang Yuliang, Ren Ziqiang and others were exclaiming in surprise. I quickly interrupted the ongoing meeting, turned on the Internet, and entered ‘utube’ to watch the live news broadcast.
Facing the tripartite cooperation between Hutchison Whampoa, Donald Trump and Lin Feng, these influential figures in Chinese real estate developers all felt a chill to their bones. Originally, the cooperation between Donald Trump and Lin Feng was not news at all. It was all old news. Wang Shi and others didn't care at all about this. Donald Trump is indeed a New York real estate tycoon, but his approach is not suitable for the socialist economic model with Chinese characteristics. That kind of development model is not suitable for China. However, Li Ka-shing is different. Cheung Kong Holdings is beyond the reach of all domestic real estate developers. He is Superman!
Li Ka-shing and Lin Feng cooperate, so that's okay! The good days of real estate developers like them may be coming to an end. Of course, it’s not that they don’t make money, but I’m afraid they won’t make as much as before, and most of their names may have been taken up by Lin Feng and Li Ka-shing. Although this will not affect their income, the reputation will probably be gone by then. It will probably be difficult to respond to the real estate market as it is now.
Of course, they were also afraid of Lin Feng causing trouble. Lin Fengke once promised that all mainland players who play the "Second World" game will enjoy the cheapest housing. This promise is still lingering in the minds of Wang Shi and others. As for Li Ka-shing, his research in the real estate industry is beyond the reach of others. You should know that the real estate reform policy in mainland China means that ordinary residential buildings can also have real estate certificates and land certificates. This is learned from Li Ka-shing.
You know, in the West, this kind of apartment building, that is, a building with dozens of floors, can only be rented by all users, but cannot be purchased. Because it is impossible to have a land certificate. In the West, only those with individual purchase rights can own real estate and land certificates. That is to say, only villas can apply for real estate certificates and land certificates.
But in China, due to the land complex since ancient times, it is impossible for Chinese people to rent a house for the rest of their lives. No matter how dilapidated the house is, as long as their name is written on it, they can feel at ease. Li Ka-shing invented a new method in which apartment building users have their own real estate certificates and a common land certificate. And this kind of gameplay is also the root cause of Chinese people being burdened with huge housing loans. Of course, it would be wrong to say that Li Ka-shing has cheated all Chinese based on this point alone.
After all, his strategy satisfies the needs of all Chinese people for houses and allows them to be partially privatized. This method of play was soon learned by some Asian countries, thus creating countless GDPs. Therefore, fundamentally speaking, Li Ka-shing promoted the economic development of the entire Asia.
Therefore, Wang Shi and others are worried that if Li Ka-shing and Lin Feng cooperate, it is hard to say what kind of gameplay will be available. They are worried! Of course, there's no point worrying at this moment. Now, we can only wait for Lin Feng and Li Ka-shing to take action. Of course, what they can also do is - enclosure.
After Li Zeju sat down, Li Zekai stood up.
"Everyone, I will transfer my 54% stake in PCCW to Lam Feng for US$16.5 billion." Li Zekai said briefly and sat down.
The transfer of PCCW was a very guilty decision for Li Zekai. He can no longer afford PCCW's annual debt of HK$7.8 billion. If he continues to support it, PCCW will go bankrupt sooner or later. Although the loss to his personal wealth is not too great, the impact on his personal reputation is too great. The acquisition of Hong Kong Telecom was his most successful business operation, but if he ended up bankrupt because of it, it would become the biggest stain in his life. Therefore, he has been seeking to sell PCCW.
However, the current largest buyer is Lee Hsien Yang, the second son of Singaporean Prime Minister Lee Kuan Yew. His asking price is only US$8 billion. This is too deceptive and bullying. The difference between the acquisition price and Lam Feng's purchase price is a full 8.5 billion US dollars, only half of Lam Feng's. Without Lam Feng, I am afraid Li Zekai would have had no choice but to sell it to Li Hsien Yang. In that case, not only will he suffer a loss (reputationally, but his actual personal income will not suffer, because Li Zekai bought Hong Kong Telecom with nothing), it will also implicate the family. Now that Lam Feng is acquiring it, it can be said that everyone is happy.
The only thing is that Li Zekai feels a little sorry for his brother.
What! PCCW changed hands to Lam Fung! Hong Kong reporters can’t sit still at this moment. The rumor that PCCW is about to be sold off is no longer news, but old news. But no one thought that Lin Feng would take over in the end, and at such a high price. Lin Feng, what is this for? This is not cost-effective. Is it for the sake of brotherhood?
At this time, Lin Feng stood up.
"Here, I want to announce that we will conduct a comprehensive acquisition of PCCW." Lam Feng ordered.
Comprehensive acquisition means that Lam Feng wants to acquire 100% of the shares and privatize it.
Boom! This time, everyone couldn't sit still. Including Li Ka-shing and his three sons. They also did not expect that after Lam Fung acquired PCCW, it would fully acquire it and privatize it. You know, once it is privatized, it cannot be cashed out from the stock market. Although he could fully control PCCW and let Lam Feng's will become his master, he also lost the biggest opportunity to make money. And it will bear a debt of 270 billion Hong Kong dollars. That would directly crush PCCW, which is already economically fragile.
"After the comprehensive acquisition, I will invest 270 billion Hong Kong dollars to repay PCCW's debts, so that it can regain its youth and continue to lead the Hong Kong telecommunications market!" Lam Feng said loudly.
This time, the scene became silent. Many Hong Kong reporters feel a little depressed and shameless at the moment. When he first acquired Hong Kong Telecom, Li Zekai used all the resources at his disposal and finally managed to successfully acquire it. And now, with just one word, Lin Fengqing will privatize it. This strong contrast in wealth has made the entire wealthy community in Hong Kong feel a little disgraceful.
Lin Feng is so rich!
Looking at the many astonished reporters, Lin Feng smiled faintly. Privatizing it is to maximize the utilization of resources and make Hong Kong a dumping base for its own electronic products. At the same time, he also showed off his wealth, which was definitely not what the outside world had rumored - no money.
So far, it seems to be working well.
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