Therefore, Li Jiacheng was also very interested in the three buildings in the core area of Central offered by Jardine Matheson Land, so he wanted to use the sinking wall to buy...
Li Jiacheng was thinking about it when the housekeeper came back and said, “Master, Mr. Shen agreed to have morning tea at the Peninsula Hotel tomorrow.”
"Okay, go down."
Li Jiacheng sat alone in the pavilion, thinking quietly about something.
Three days later.
Located in Jardine House, Central.
Today is the day when Jardine Land is selling Prince's Building, Alexandra House and Swire House (Chater House), which has attracted media reporters from Southeast Asian countries. They flocked to the entrance of Jardine House, hoping to get first-hand information and reports.
At this time, most of the wealthy people in Hong Kong came to participate to see if there was any opportunity to buy a building.
This time, the invitation list includes Zheng Yutong of New World, Guo Desheng of Sun Hung Kai, Li Jiacheng of Cheung Kong Holdings, Bao Junyi of Miracle Group, etc. Even Run Run Shaw of Shaw Brothers Films came.
In addition, many veteran wealthy people such as Henry Fok, Ho the Gambling King, Zhang Yuliang, Tung Hao-yun, and Cao Wenjing also came to participate.
When Bao Junyi's motorcade arrived at the scene, especially Bao Junyi's car, the Blue Dragon Seven Stars-Bai Ze, attracted a large number of reporters with their cameras flashing.
Due to the performance of the two cars at the last Paris International Motor Show, coupled with slow production and scarce stock, the price of the Blue Dragon Seven Stars-Bai Ze was directly raised to 20 million US dollars by international speculators.
There is even a lack of demand for the goods, and the goods purchased are not sold at all, resulting in the prices continuing to rise.
Bao Junyi arrived at the large conference room inside Jardine Matheson and found that most of his acquaintances were already there.
Bao Junyi hurried over and said, "Uncle Huo, you guys are here really early."
Huo Yingdong was surprised and asked, "Ayi, you are free to come and participate? Are you also interested in the building property?"
"I'm quite interested. After all, these three buildings are all core office buildings in Hong Kong's Central District, and they have huge potential for the future."
Gambling King He beside him said suspiciously, "You little bastard, aren't you afraid that your group's capital chain will break? You still dare to spend money lavishly?"
"Don't bother Gambling King He to worry. Miracle Group still has this little money."
"Haha, don't brag about it. These three buildings are not something you can buy with a small amount of money. It's better not to join in the fun."
"With so many wealthy people, both old and new, the prices won't be low. Don't let that drain the group's funds and trigger a chain reaction that could lead to bankruptcy."
"How come I didn't know that my group was short of funds? Could it be that gambling king He also has relatives working in my group?"
"It's all over Hong Kong, many people know about it. Could it be that there's a price?"
"Really? Then you'll know soon."
"However, I am more curious about why Gambling King He came to Hong Kong instead of staying in Macau."
"Are you planning to bring the gambling industry to Hong Kong?"
"You little brat, what's wrong with me liking you? You should be more respectful when speaking to your elders."
"Haha, that depends on the person."
"However, I remind you that Hong Kong is not Macau. Transform quickly. The gambling industry harms both you and others."
Gambling King He said angrily: "You..."
Dong Haoyun interrupted with a wry smile, "Alright, every time you two meet, you always bicker. You're both billionaire bosses, it would be embarrassing for others to see you."
"Humph! You didn't listen to the old man's advice, and now you're suffering. If you're not my precious daughter, I won't warn you."
Bao Junyi watched Bao Chuanwang leave, and sometimes he couldn't understand his motives.
"Ayi, Jardine Matheson Land has invited quite a few wealthy individuals this time. It's impossible to win them over easily."
"Uncle Dong, I know that Jardine Land is short of funds overseas. They are willing to give up their three core buildings. They may want to raise enough funds at once to invite most of the wealthy and powerful people in Hong Kong."
"However, Jardine Matheson's diversification strategy was doomed to fail."
This is because the diversification of the former Jardine Matheson Group, the acquisition of hotels in Manila and Jakarta, and the Oriental Hotel in Mangu were all aimed at increasing its international influence.
In addition, the development of emerging markets in Southeast Asia, such as Singapore, Malaysia, the Kingdom of Sakura, and India, has resulted in Jardine Matheson's large-scale overseas investment and business expansion requiring a large amount of financial support, and the group's debt ratio has continued to rise.
Finally, in the early 1980s, due to the international financial crisis and drastic fluctuations in exchange rates, Jardine Matheson suffered heavy losses and was forced to cut most of its overseas projects and retreat back to Hong Kong for development.
Because Bao Junyi appeared in this life, he first acquired Hutchison Whampoa and then targeted Jardine Matheson Land, which resulted in the withdrawal of overseas funds and the breaking of the overseas capital chain. Now, they can only sell their core properties in exchange for working capital for overseas business development.
Ho Ying-tung said, "Ayi, if the group is short of funds, take it easy this time. The overall environment is not good now, and the market is more cautious about hot money."
"Thank you, Uncle Huo. I'll think about it."
Suddenly, Simon Keswick, the boss of Jardine Matheson, came to the front desk of the conference room.
He picked up the microphone and said, "Welcome friends from all walks of life in Hong Kong to participate in the auction of three buildings sold by Jardine Land."
"First of all, after the auction of these three buildings, payment must be made in full, and it must arrive within three days."
"These are the conditions for this auction. Please bid if you meet the requirements."
boom!
Many wealthy people at the scene were stunned. The conditions were too harsh.
Most of the wealthy people present here would hold cash in their hands, and would use it for financial management or to purchase fixed assets for investment.
Moreover, the three buildings are all located in the core area of Hong Kong, so the prices are definitely not low. At least each building will cost more than HK$600 million.
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