The Pioneer of the Rebirth Era

Yang Dongxu also looked over in surprise, although Daedeok Real Estate has never been regarded as a competitor by him. After all, Hurricane Architecture, which has a huge heritage, will not make mistakes in its development in the next ten years, and will step on the wind every step of the way. There is no reason to be afraid of this rising star.

But it doesn't mean that Yang Dongxu doesn't pay attention to Daedeok Real Estate. Fu Dehai, who has gathered a part of Hong Kong capital, added his own value, and embraced a thick thigh again, has developed rapidly in recent years.

Daedeok Real Estate also has a net worth of tens of billions, and it seems to be developing faster than Hurricane Construction. But this tens of billions of net worth is not real assets, but 60% of Chaoyu is liabilities.

That is to say, borrowing the chicken and laying the egg is the most popular play in domestic real estate at present. And this set can be played very smoothly as long as the relationship is in place, but a lot of money seems easy to get, but it is not so easy to use.

After all, the bank can give you money generously, but no bank would like the money it has lent to become a bad debt, or the loanee should go bankrupt.

Therefore, although Daedeok Real Estate can continue to get money from the bank to develop itself, the annual interest repayment is no longer small. Therefore, these loans cannot be used indiscriminately, otherwise a broken capital chain may directly collapse.

Therefore, according to the current situation, domestic real estate is gaining momentum, and Daedeok Real Estate also has a backer. Using so much money to develop real estate projects in China can make a lot of money, and it is very safe. There is no need to take risks in Hong Kong.

We must know that Hong Kong real estate seems to have rebounded in the past few years, but it has been hovering at the bottom. It has been 4 years since 1997, and no one can say clearly how many years it will continue.

Although many people feel that now is a good time to enter the real estate industry in Hong Kong, and they may be able to make a lot of money by hunting the bottom. But the premise is that you can withstand the half-dead situation that Hong Kong real estate has been in for the next few years, or even several years. Daedeok Real Estate obviously does not have such anti-risk conditions.

Not only Fudehai's Daedong Real Estate, but even the Hong Kong real estate tycoons present, although they are optimistic about the future real estate market in Hong Kong, they are actually cautious in every step of the layout and every big bet. The risk has always been controlled within a controllable range, even if Hong Kong real estate continues to take advantage of the opportunity for a few years, it will not affect the overall situation.

However, looking at Fu Dehai's confidence, it seems that he really decided to regard this auction as the first stop of Daedeok Real Estate's return to Hong Kong from China.

Frowning slightly, Yang Dongxu couldn't help but glance at a middle-aged man beside him. At first he thought that this man was Fu Dehai's assistant, or a senior executive of Dade Real Estate, but now this person's identity is obviously not simple.

You must know that although Fu Dehai is the major shareholder of Daedeok Real Estate, it is obviously not something he can make a decision that can affect the fate of the company. Therefore, the identity of the middle-aged man is about to be revealed, and he is obviously the backer behind Fu Dehai. Even if he is not, he probably has a very close relationship with that backer, and he can make some temporary decisions related to the company.

While Yang Dongxu was thinking about the identity of the middle-aged man next to Fu Dehai, discussions started again at the auction. This time the discussion took longer.

Before coming to participate in the auction, everyone was actually prepared to fight a tough battle. Seeing Yang Dongxu also realized that Cheng Yaojin might be killed, but he never thought that Cheng Yaojin would not be killed alone, and it seemed that this one seemed to be more fierce.

"4.25 billion!" A moment later, someone shouted again, and the bid was Hong Kong Hang Lung.

As one of the top ten real estate developers in Hong Kong, even among the top five, Hang Lung has strong capital. But the price has increased to this point, and even such a tycoon has become conservative in raising the price.

Instead of suddenly raising the price like Yang Dongxu and others before, they came to a wave of three shocks to knock out those colleagues who were behind them. Those who came to this price and still followed the price were obviously determined to win the land. The effect of a sudden price increase is definitely not as good as before, and the risk they face is extremely high.

"4.3 billion!" The real estate developer in Taiwan raised the price after discussing with a foreigner.

This price has actually exceeded everyone's expectations. After all, with the current Hong Kong real estate market, although the 150 mu of land is linked to the renovation of shanty towns, the low price is only 1.8 billion.

It can be doubled to 3.6 billion, which is actually the final estimated price of many real estate companies who came to participate in the auction. You must know that the money is only for the purchase of 150 mu of land, and it is not included in the budget for the renovation of shanty towns. The transformation of such a large shanty town still needs an investment of more than one billion yuan.

That is to say, the budget for this project was about 5.5 billion at the beginning, but now the price of 150 mu of land has risen to 4.3 billion. Although according to the guarantee agreement signed before, the price of shanty town renovation will not rise with the tide, but the total investment has exceeded 6 billion, and it is heading towards 7 billion.

All of a sudden, the total investment is more than one billion yuan more than the previous budget. Not to mention the smaller real estate companies, even some real estate tycoons sitting in the front row have reached their limit.

After all, although the valuations of the real estate tycoon companies present were hundreds of billions at every turn, 7 billion is not too much money at first glance. However, more than 80% of the company's valuation is fixed assets, which does not mean that the company really has so much liquidity.

We must know that more than half of the previous budget of 5.5 billion is still looking for bank loans after winning the project to supplement the funding gap to promote the project. At that time, the government will also provide a certain convenience policy, but now you suddenly want to borrow more than one billion yuan, even if the government provides convenience, no bank will dare to relax like this, right?

Therefore, the various real estate tycoons who were about to increase the price kept communicating with the people around them, constantly calculating the data of their own companies, the liquidity on the books, and the funds they would be able to borrow with confidence in the future. Let's make a rough estimate of whether you can continue to follow the price.

"4.5 billion!" Yang Dongxu, who seemed not ready to compete just now, raised his placard again, and raised the price by 200 million.

This is an increase of 200 million from 4.3 billion, which is completely different from the price increase at the low price just now. As soon as this price came out, many real estates were instantly blown up, what a fart!

Originally, they were still calculating in their minds, how to get tens of millions from here, where to borrow tens of millions, and how to make up for the hole. As a result, they raised the price by 200 million as soon as they came up, and they had to find several tens of millions from many places to make up the number. How to find this? Did you dig out all the money in the crack of the door just now?

"This gentleman is at 4.5 billion. Is there any price increase?" This time the auctioneer was not silent, and this price also made his heart have been greatly rushed, so the first few words he spoke were full of unconcealable emotion. vibrato.

There was silence in the venue. This time, people who were still discussing with each other stopped discussing, and some directly threw the cards in their hands aside, apparently giving up completely.

"This is the largest land auction in Central in the past few years, or even in the next ten years. With the renovation of shantytowns, it is not an exaggeration to say that it will be the largest project in Central in the next 20 years. Maybe Hong Kong real estate will take advantage of this opportunity to take off." , is there no gentleman who continues to increase the price?"

Seeing the quiet scene, the auctioneer himself was also very nervous, although he knew that this might be the pinnacle of this auction. Because no matter how much the opponent paid, the man who raised the price by hundreds of millions showed an aura of determination, which made other real estate developers unable to resist, but what if the price could be even higher?

There was still no response for about ten seconds. The auctioneer suppressed the trembling of his arm and raised it to hit the hammer. "For the first time, there is no owner who is willing to bid. This auction is not unprecedented, but it will definitely Become tomorrow's headline, and even this year's land king."

But there was still no response, and some people even got up and left unhappily. Being so ravaged by a young man, many big bosses feel a little uncomfortable, and they are too lazy to continue the ink here.

"4.5 billion for the second time." The auctioneer dropped the hammer for the second time, this time not at the mother-in-law, and he could tell that this might be the final price.

But when he dropped the hammer for the second time and was about to drop the hammer for the third time to announce the deal.

"4.6 billion!" The businessman in Taiwan raised the price again, and this time the price increase was no longer a temptation of 50 million, but the momentum of 1 billion.

But the momentum of the price was shown, but when the man shouted the price, his voice was a little uncontrollable, and his forehead began to sweat.

But no one laughed at him at this time, because some people who called the price just now had sweat on their foreheads, and everyone could understand the nervousness and excitement when the price was called.

And the foreigner gave Yang Dongxu a provocative look again.

"4.7 billion!" It was not the provocative Yang Dongxu who asked the price, but Li Chaoren in the front row.

Compared with the Taiwanese businessman's forehead sweating and the stiff acting skills of the foreigner when he provoked Yang Dongxu, Li Chaoren looked much calmer. It's just that the eldest son sitting next to him is not as calm as his own father at this time, and looks a little nervous.

"5 billion!" Yang Dongxu raised his sign again.

boom.

The scene was instantly fried. This time, not to mention other real estate developers, even Zhao Yu and Wu Aibing, who were sitting next to Yang Dongxu, were a little terrified.

Hurricane Construction also had a budget before coming here, and set the budget at 4.2 billion with the aim of winning. In the eyes of Zhao Yu and others, this is already a sky-high price, but who would have thought that his boss would not follow the routine, and now the asking price has reached 5 billion, which is 800 million more than the previously predicted sky-high price.

At this time, Zhao Yu also began to calculate in his mind like other real estate developers. After the construction of Hurricane, some money would be deducted from that project, or the land would need to be mortgaged to the bank.

Although the foundation is strong enough, and the debt ratio has always been a wonderful flower in the real estate industry, it is so low that it makes people speechless. In terms of bank loan reputation, various green lights have been smoothed all the way. But Zhao Yu couldn't help but feel a little dry mouth.

He can be regarded as a person who has seen the world, thinking that when Hurricane Construction acquired land in Pudong New Area, it was not once or twice that Hurricane Construction acquired thousands of acres of land, and he had called for tens of billions of dollars. But those sky-high prices are not as high as today's asking price of 5 billion. I feel nervous and exciting, my heart is beating wildly, and my complexion begins to flush unnaturally.