Chapter 92 Planning Guanghu Real Estate



Guanghu Real Estate.

Located in Dilongkou, Shatin District, Kowloon Peninsula.

Founded in 1968.

The registered capital is HK$10 million.

The founder, Li Guanghu, was once a migrant worker who fled to Hong Kong from China.

With his cleverness and resourcefulness, he gradually became successful at the construction site.

Gradually, she gained the appreciation of the contractor Wang Qishui, and even married his only daughter Wang Meijuan to him.

Finally, with the support of his father-in-law's funds and connections, Guanghu Real Estate was established.

Hong Kong's real estate has gone through a total of four cycles so far.

The first cycle was from 1945 to 1959.

With the end of World War II, Hong Kong's population rose sharply, from about 600,000 to around 3 million.

During this period, with the rapid increase in population, the demand for housing naturally increased dramatically.

Driven by huge profits, a large amount of capital has been pouring into real estate.

A construction boom instantly swept across Hong Kong, and real estate companies sprang up like mushrooms after a rain.

The second cycle was from 1965 to 1969.

We all know that there is a famous supply and demand theory in economics.

It means that in a competitive market, the relative scarcity of supply and demand determines the price and output of goods.

This is also true in the real estate market when land prices in Hong Kong are becoming increasingly hot.

All the banks in Hong Kong were lending money crazily to real estate companies, and some banks even used depositors' funds to hoard land.

This ultimately led to bitter consequences, with a run on Middlesex Bank in 1965 and a subsequent collapse in real estate prices.

Countless real estate companies eventually went bankrupt, which was also the first real estate crisis in Hong Kong's history.

The second cycle was from 1969 to 1975.

In 1969, after several years of depression, Hong Kong's real estate industry gradually recovered.

At this time, the Hong Kong government added fuel to the fire and announced a "Ten-Year Housing Construction Plan", which instantly brought back the vitality of the real estate market.

Guanghu Real Estate, founded by Li Guanghu, had just acquired a piece of land from a real estate company that was on the verge of bankruptcy at a low price, and its stock price skyrocketed.

After completing the sales through bank loans, he made a lot of money and established a foothold for his career.

In 1974, the first Middle East war broke out, and a global oil crisis also affected Hong Kong's stock market, and eventually caused Hong Kong's real estate to plummet.

Li Guanghu was very lucky. He chose to stop investing when the land prices in Hong Kong were rising, so there was a lot of money lying around in Guanghu Real Estate and it was spared from disaster.

With his sharp eyes, he keenly realized that the crisis was temporary, so with the funds in his hands and the good reputation of his company, he found a bank loan and started to buy real estate at the bottom.

As expected, starting from 1975, land prices gradually rose, Guanghu Real Estate also greatly increased its strength, and finally became a star among many companies in the real estate market.

The third cycle was from 1976 to 1981.

During this period, Hong Kong's real estate reached its peak. Guanghu Real Estate seized the opportunity and successfully listed on the Gold and Silver Stock Exchange in 1979, becoming a powerful small giant in the real estate industry.

The fourth cycle is from 1982 to present.

In 1982, when the news of the negotiations between the British Empire and China was announced.

The news of Hong Kong's uncertain future spread to every corner, and the subsequent Hong Kong dollar crisis made all Hong Kong citizens panic.

This also caused a sharp drop in Hong Kong's real estate market, and Guanghu Real Estate was not lucky this time.

When the company was first listed, it hoarded a large amount of land, which led to a shortage of funds in the company's account. Now it can only barely make ends meet.

After Mo Zhexuan collected information about Guanghu Real Estate through his subordinates, he decided to take over this real estate company with huge potential.

First of all, there is indeed great potential in Hong Kong's real estate industry, and the four major Chinese families became wealthy almost all because of real estate.

Although high housing prices will make all Hong Kong citizens miserable, since you cannot change it, you have no choice but to join in.

Only after you have gained a huge influence in the real estate market can you contribute your little bit and have your say.

Secondly, now is the best time to buy the bottom of Hong Kong real estate.

Once the situation in Hong Kong is completely stabilized next year, real estate prices will see a surge in value, and if they continue to fall, it will be a long time before they fall.

Thirdly, Guanghu Real Estate is indeed a high-quality real estate company, although it has no land or developed communities in Hong Kong Island.

However, there are indeed more than a dozen developed real estate projects in the Sham Shui Po, Wong Tai Sin and Kwun Tong districts of the Kowloon Peninsula, as well as several undeveloped plots of land.

Such high-quality assets were just right to be acquired, and Li Guanghu's son was the real mastermind behind the beating of Wang Jun.

You can get revenge and enter the real estate industry at the same time, so why not do it?

"Yunfei! Send me some reporters to interview the students at Xiangjiang International School in detail. I want to make the Li Zhiyuan bullying incident known to everyone."

"Mo Sheng! I'll do it right away."

“..............”

After getting in the car, Mo Zhexuan called Li Tao from Shixing Law Firm and Li Yunfei from "Three Minutes of Heat" respectively.

This was also one of his plans. He was going to make a big deal out of this matter so as to affect Guanghu Real Estate, which would make the acquisition easier.

Then he called Wang Pengfei of Ruitai Securities. He had already given him the task of acquiring Guanghu Real Estate last Saturday, and he wanted to ask about the preparations.

"Pengfei! How are the Guanghu Real Estate acquisition preparations going?"

"Mr. Mo! We've already started the acquisition this morning. I've also had the relevant personnel from Marriott Investment Ventures contact the institutional and individual shareholders who hold Guanghu Real Estate."

"Remember, we must not reveal our identities. A higher price doesn't matter. What I need is a decisive victory and we must complete the acquisition by the end of October."

"Don't worry about that. We've made full preparations this time. We've changed five vests and have also sought cooperation from relevant acquisition agencies. I believe we can quickly and easily acquire Guanghu Real Estate."

"Okay! Have you sent out all the invitations for this Sunday's party?"

Mo Zhexuan felt relieved after hearing this, and then asked about another important matter.

That is to invite all the tycoons in Hong Kong to have dinner at the Peninsula Hotel this Sunday, and at the same time raise funds for the Ruitai No. 1 Fund from these tycoons.

"It has been sent out, and all the Chinese tycoons have agreed to attend the appointment on time."

"Will Governor MacLehose be in attendance?"

"I went to the Governor's Mansion in person and met with the Governor's butler, Mr. Richard, but he hasn't responded yet."

"Okay! Tell me as soon as you have any news."

“..................”

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