Chapter 500 Swallowing the Zheng Family's Properties



Shen Dong didn't care about these petty tricks. He simply had some snacks and fruits brought in and held a tea party for half an hour.

"Ms. Hu, have you vented your anger?"

After Hu Yali sat down, Shen Dong said with a smile.

Hu Yali said coldly, "No."

Shen Dong said "Oh," and then said, "Whether I've vented my anger or not is not important. What's important is that the contract must be signed today. Our Tengfei Real Estate Company's property department will take over these commercial buildings and office buildings starting at 2 PM today."

They've already become fish on the chopping board, yet they still act arrogant in front of themselves; it's simply ridiculous.

Shen Dong didn't indulge her and directly set a timetable for Hu Yali.

There was nothing I could do; I was at their mercy.

Besides glaring angrily, Hu Yali felt a deep sense of helplessness.

Tengfei Real Estate Company had already drafted more than thirty property transfer agreements, all of which contained clauses favorable to them.

After reading it, Shen Dong felt a little embarrassed.

Especially the last clause, which requires an upfront payment of 30%, with the remaining 70% to be paid off over 20 years.

Even though Hu Yali's properties are 40% below market value, they are still worth around 5 billion US dollars, representing the core and highest-quality assets of the Zheng Group.

Shen Dong only needs to pay $1.5 billion upfront, and then spend twenty years paying the remaining $3.5 billion.

This is practically no different from giving it away for free.

Because the rental income from these properties alone, over twenty years, would not only be enough to pay off the remaining balance but would also leave a substantial surplus.

Moreover, with the severe devaluation of currencies in the future, the purchasing power of $3.5 billion today will be no less than $35 billion in a dozen years. What Shen Dong is doing is practically robbery.

Hu Yali trembled with anger, pointed at Chen Dong, and said, "You...you're forcing me to fight to the death."

Shen Dong smiled slightly and said, "First of all, the fish will definitely die, but the net may not break. Secondly, I'm already showing you enough sincerity by giving you 1.5 billion US dollars. If it were anyone else, I'm afraid they wouldn't even give you 100 million US dollars."

Hu Yali retorted, "You gave me money on purpose to impress outsiders. Shen Dong, you're a cunning bastard."

Shen Dong looked at her coldly and said, "We are doing a normal real estate transaction. If Ms. Hu does not agree, she does not have to sign the contract. I have no problem with that."

"you..."

Hu Yali knew that Shen Dong was threatening her, and her eyes were practically spitting fire.

She said through gritted teeth, "Give me at least three billion US dollars."

Shen Dong calmly said, "I don't have that much money. If Ms. Hu insists, then today's negotiations will end here. This afternoon, I believe someone will invite you for coffee, so please be prepared."

This woman is really greedy, wanting three billion US dollars? That's ridiculous.

The figure of 1.5 billion US dollars was reached by Shen Dong after careful consideration, taking into account the opinions of lawyer Ou Yongen.

Even if problems arise in the future, with just this $1.5 billion, Shen Dong can remain unscathed in court.

Hu Yali took a deep breath, suppressing her rage, and said, "Fine, you win, I'll sign."

"Mr. Hu, we can't sign it."

"Yes, Mr. Hu, this is an unfair contract term."

"In all my years in this industry, this is the first time I've ever seen such an unfair agreement."

......

The members of the Zheng Group offered their opinions.

Hu Yali waved her hand and said, "Don't say anymore, I have no choice."

Upon hearing this, everyone immediately realized that Hu Yali must have some weakness that Shen Dong had exploited.

Otherwise, she would never have signed such a ridiculous agreement.

But her son is already dead, so what could possibly make Hu Yali give up such a huge benefit?

Hu Yali quickly signed her name on the contract.

To ensure there were no problems, Shen Dong took Hu Yali to the Hong Kong Island Notary Public Office for notarization.

Upon learning that this was a project worth as much as five billion US dollars, the notary was so shocked that his eyes practically popped out.

Tang Peijun, who was far away in Shanghai, jumped for joy when he learned that Shen Dong had acquired dozens of commercial buildings and office buildings from Zheng's Group for only five billion US dollars.

Keep in mind that the annual rent for these buildings alone is over 500 million US dollars, which is practically like buying a hen that lays eggs.

That afternoon, almost the entire Tengfei Real Estate Company was mobilized to take over the commercial building and office building of the Zheng Group.

Soon, the entire Hong Kong Island business community knew about this largest property acquisition in Hong Kong's history.

Changjian Group Headquarters

After learning about this from Li Zekai, Li Ka-shing frowned deeply.

Not only Shen Dong, but also the other three major families coveted the Zheng family's prime properties.

Unexpectedly, before they could even make a move, Shen Dong had already finished eating, which gave Li Chao a deep sense of frustration.

Li Zekai said indignantly, "A down payment of 1.5 billion US dollars, with the remaining 3.5 billion US dollars to be paid off over 20 years, is practically a free gift. Dad, Shen Dong must have obtained evidence that Hu Yali murdered Zheng Tong, which is why he was able to buy most of the Zheng family's properties for a mere 5 billion US dollars."

Li Ka-shing nodded and said, "And then?"

Li Zekai was speechless.

Li Ka-shing said, “What you saw is what everyone else can see, including the police. But then what? Do you have any evidence? Don’t forget, they’ve already handed over 1.5 billion US dollars to Hu Yali and even had it notarized. Even if Hu Yali goes back on her word in the future and says that Shen Dong forced her to sign the contract, the lawyers at Tengfei Group will have a hundred ways to exonerate Shen Dong.”

Li Zekai said resentfully, "Shen Dong is really too cunning."

Li Ka-shing said, "In this acquisition, although Shen Dong used some less-than-honorable means, I have to admit that he was legally impeccable. He is truly a young hero. Every time I see him, I feel that I am already old."

Li Zeju said, "Having acquired so many properties from the Zheng family, Shen Dong's Tengfei Real Estate Company has become the undisputed number one in Hong Kong. Having such a behemoth in the business is extremely disadvantageous to our Changjian Group."

Li Zekai said angrily, "It's all those American devils' fault. If it weren't for them, Shen Dong wouldn't have gotten thousands of acres of land at the last auction."

Li Ka-shing sighed and said, "There's no point in talking about the past anymore. Our next investment focus is on the inland areas."

Li Zeju hesitated and asked, "Dad, can the reform and development in the inland areas really succeed?"

Li Ka-shing was silent for a moment, then said, "It's hard to say. However, even if the mainland fails in the future, we must still invest. Don't forget, Hong Kong Island will be returned to China in less than ten years, and we need to maintain good relations with the mainland government."

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