Li Xu understood that the group of people who went to block the door had connections, but their backgrounds were not enough to make the Housing Authority make an exception and help them apply for property certificates.
When a group of people like this get together, it's very easy to make things worse.
By then, the leaders of the Housing Authority will be in big trouble.
Faced with this situation, unless they want to step down immediately, they can only choose to relax restrictions on real estate transactions.
But they didn't want to offend conservatives, so they added a requirement that the transaction fee be the same as the house price.
Li Xu boldly speculated that they were probably originally fence-sitters, and that incident was just someone using his and others' identities to make an issue and force them to take sides.
The reason for this guess is very simple. Why would those people with backgrounds gather together to block the door?
You have to know that the matter of the real estate certificate involves not only Li Xu and a few others, but also those with strong backgrounds.
The people blocking the door want to make things worse. Aren't they afraid of retaliation from them?
It would take several days from blocking the door to the Housing Authority leaders making a decision. They didn't take any action for such a long time.
It is obvious that both they and the people blocking the door have probably received some kind of political promise.
When you think about it this way, the answer becomes obvious: the driving force behind this is the reformists.
Because only if they win, the real estate transaction will be legitimate and there will be no need to worry about being liquidated.
They may not have gotten the result they expected, as the leaders of the Housing Authority completely sided with them.
However, the Housing Authority leaders' actions to relax transaction restrictions have effectively strengthened their power.
For most people, they will not think deeply when they encounter something. For example, when the Housing Authority relaxes the restrictions on house transactions, after seeing it, they will just curse and say that it is so shady that they actually require such a high transaction fee, instead of considering why such a high transaction fee is set.
In their view, this is a sign that the reformists have the upper hand.
This will free them up and allow those who want to buy a house to buy one, and those who want to sell a house to sell one.
As long as they carry out real estate transactions, they will become the most staunch supporters of the reformists.
There's nothing else to it, they are just worried that if conservatives come to power, they will be purged.
There was nothing more to say at this point, so Li Xu scratched his face and changed the topic.
In the next few days, the Li brothers and Xu Xiangqian were busy, either attending banquets or discussing business matters.
Li Ping's external identity is the general manager of Hong Kong Xu Group, and Li Xu and Li Chen are vice presidents.
There were two main things they discussed: one was that they hoped Xu Xiangqian would stand firmly on the side of the mainland, and the other was to discuss business cooperation with Xu Xiangqian.
There is nothing much to say about the former. Now Xu Xiangqian really has a heart towards the mainland.
In order to increase his persuasiveness, he immediately offered to donate 100 million US dollars to build a library and teaching buildings for the university.
I should point out here that he paid the 100 million US dollars himself.
The leaders were so happy about such a large donation that they couldn't stop smiling. At this moment, they had great faith in Boss Xu's position.
There is more to say about the latter.
Li Xu and his team have acquired many companies before, some of which are industrial companies, and these companies are all potential partners for cooperation.
Those are nothing special, the highlight is Li Xu's Hong Kong Electric.
The leaders hoped to build the Daya Bay Nuclear Power Station in a joint venture with Hong Kong Electric, with Hong Kong Electric holding a 25% stake.
The Daya Bay Nuclear Power Station was built to meet the electricity needs of areas with severe power shortages such as Guangzhou and Shenzhen.
However, the cost of building a nuclear power plant is too high, and considering the current foreign exchange reserves in the mainland, it is simply not possible to afford it.
There was really no other way but to use the export credit financing model to introduce funds, technology and equipment from France, Britain, the United States and other countries, which converted into US dollars totaled about 3.8 billion.
This money has to be repaid.
In order to repay the debt, the government chose to send most of the electricity to Hong Kong in exchange for foreign exchange.
As mentioned earlier, Hong Kong Electric is one of the two electricity suppliers in Hong Kong.
Another electricity supplier is China Light and Power, which is owned by the Kadoorie family.
The Kadoorie family was also mentioned in the previous article, and it is behind the Peninsula Hotel in Hong Kong.
Hong Kong's electricity sales channels are controlled by these two electricity suppliers.
If you want to send electricity to Hong Kong, you have to cooperate with them.
The budget for the Daya Bay Nuclear Power Station is 4 billion US dollars. In order to prevent the actual expenditure from exceeding the budget, the mainland plans to raise another 400 million US dollars, with 300 million of its own money and the help of an electricity supplier that can provide 100 million.
The previous management of Island Electric was incompetent. The company that monopolized half of Hong Kong Island’s electricity didn’t make any money.
That would be fine, but the key point is that it still has quite a few shareholders, and the shareholding of the major shareholders is quite unstable.
This made the major shareholders have no intention of expanding the business and they only wanted to maintain their own equity.
However, China Light and Power is a wealthy company. The Kadoorie family behind it has a very stable shareholding and is fully committed to development.
So in 1980, the mainland reached a cooperation intention with China Light and Power.
While both sides were preparing, the Sino-British negotiations began, and due to this incident, the project was put on hold.
However, the suspension is only temporary, and the Daya Bay Nuclear Power Station will definitely be built.
Once everything is settled, the Daya Bay Nuclear Power Plant project can be launched.
In the past, we had no choice but to cooperate with China Light and Power, which was controlled by a British consortium. Now that we have a better option, we will naturally choose the better one.
This does not constitute a violation of the spirit of the contract, nor does it constitute going back on one's word.
After all, we only reached a cooperation intention with China Light and Power, and no formal contract was signed.
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