Chapter 123 123 [Hongpu Chemical Company Auction News]
After the adjustment signal is clear, it seems impossible for the property and land at No. 1A Ligendli in the mid-levels to rise sharply in a short period of time, but it is small If it goes up a bit, big companies will still be willing to foot the bill.
If this project is kept in the hands of Paramount Company for a long time, Luo Qihong himself will definitely suffer heavy losses. The fruits of his efforts in the past few months can be given directly to the Chinese Real Estate Company.
After taking a look at Su Qishan, Luo Qihong immediately overturned his previous plan and planned to adopt an ordinary premium plan. There is a high probability of a 20% premium. No regrets either.
"Boss, there is some very strange news on the market. I wonder if it will be of use to you?" Su Qishan asked.
Luo Qihong retracted his mind and said, "Let's talk about it."
Su Qishan is still very reliable and rarely reports useless information, so Luo Qihong plans to listen to it. There may be unexpected good projects. Woolen cloth.
“There is an industrial company called Hongpu Chemical. The stock price was very low a few days ago, but since yesterday, the company’s stock price has skyrocketed, and its market value has increased by 180%. There are also rumors that Hongpu Chemical Company has received capital injection from an overseas consortium and its market value will exceed 600 million yuan," Su Qishan reported.
Hearing this, Luo Qihong showed little interest. He was as distant as a mountain. What did the industrial company have to do with him? Even if it was stock trading, it was already too late to enter the market.
Su Qishan suddenly took out a document and handed it to Luo Qihong, explaining, "This chemical company has a lot of properties. I think it is very likely that the boss of Hongpu Chemical Company wants to The urgent cash out has created the current situation. If my guess is correct, investors will know the details next, the stock price will definitely fall sharply, and the company may be able to take advantage of it.”
Su Qishan was very aware of the current situation of Paramount Company and Luo Qihong personally, and urgently needed profitable projects to complete the Chinese Real Estate Company's bet, so he handed such strange news to Luo Qihong.
Luo Qihong flipped through the documents and did not expect that Hongpu Chemical Company has good qualifications. If the stock price really drops sharply, spending several million yuan to control a listed company, then remodel it and sell it again. Maybe make tens of millions.
"Manager Su, continue to keep an eye on this Hongpu Chemical. If the stock price really drops sharply, you will report again." Luo Qihong ordered.
"Understood!" Su Qishan saw that his "making decisions without authorization" was recognized by Luo Qihong, and he was very happy. He thought that he was already Luo Qihong's confidant, and would follow Luo Qihong to leave Paramount Company in the future. , and be reused.
Luo Qihong doesn’t think that the boss of a chemical company knows how to control stock prices. He either hires a capable securities company or has other people’s support or alliance. If it’s the former, he can get acquainted with it and maybe use it in the future. superior.
"Manager Su, please go and check who is controlling this stock." Luo Qihong ordered.
The Hong Kong government has always been a contradictory body. On one side, it issued a "land adjustment signal", and on the other side, it held the first Crown land auction in the second half of the year, and even took out two pieces of land in East Tsim Sha Tsui.
As a result, many powerful real estate companies have been attracted to participate, such as Sun Hung Kai Properties and Sino Properties. In particular, Sino Properties has a special liking for land in the East Tsim Sha Tsui region.
At this time, Sino Real Estate Company can be called the landlord of East Tsim Sha Tsui. The rent collection area has exceeded 1.5 million square feet, and several commercial buildings integrating shopping malls and office buildings are under construction.
Luo Qihong has very little experience in the Xiangjiang real estate industry and has very limited connections, so as soon as he entered the venue, he chose a corner to sit down and waited for the auction to officially start.
Luo Qihong is very thin-skinned and does not want to introduce himself to his colleagues in an awkward manner or praise himself. He comforts himself by saying that when he is strong enough, others will come to seek cooperation. Yangtze River Industrial Company is a typical example.
In the venue, colleagues were whispering in small groups and bursting into hearty laughter from time to time. People who didn’t know would think this was a banquet party.
Twelve minutes later, the auction host came on stage, and as soon as the microphone rang, colleagues began to return to their seats, and suddenly the entire venue fell silent.
"Gentlemen and ladies, welcome to the official land auction held in August 1981." The host gave a 3-minute routine speech. Immediately after, the official in charge of the auction appeared and spoke again. gave a speech of nearly 10 minutes. However, the colleagues in the audience were not impatient at all and seemed to be used to this kind of procedure.
"Everyone must be waiting impatiently. Let's start the formal auction process. Let us invite the first piece of land for auction today. It is a residential land located at Booth Road in Jardine's Lookout with an area of 37,000 square feet. The starting price is 18 million yuan, and each bid increase cannot be less than 10,000 yuan." The auctioneer's gavel fell, and the bidding began.
This land is located in the Causeway Bay area, not far from the famous Haw Par Villa. It is almost impossible to build a high-end residential building, but it is more than enough to build a mid-range residential building.
The starting price is not high and can be accepted by small and medium-sized real estate companies. The profit is around 20 million yuan. It is a good auction item.
“18.2 million!” A chubby middle-aged man raised the No. 16 plate and shouted the price. There was a hint of excitement in his eyes. It seemed that he was participating in an official land auction for the first time like Luo Qihong.
Luo Qihong smiled, raised the No. 34 sign, and bid "19 million!"
He didn't want to take pictures of this piece of land, he just wanted to get addicted to his hands. After all, none of his companies had the ability to develop the land.
Several real estate developers turned to look at Luo Qihong, but their gazes only stayed for a few seconds, as if they just wanted to see what 'Leng Tou Qing' looked like.
Luo Qihong didn't care much. Of course there were hidden rules in the auction, but those rules were made by them, so what does it have to do with him? Besides, if you want to be famous in the circle, how can you always do things according to other people's rules? For example, Chen Songqing of Jianing Group also broke many rules in the real estate industry in Xiangjiang, otherwise there would be no reputation.
“19.1 million!” Someone else continued to raise the price.
The characters currently appearing are all small companies, and no heavyweight companies have ended up.
In fact, it is very beneficial to win the first piece of land at the auction. It can show his face in front of his peers. Maybe someone will remember him and good projects will come to him.
Luo Qihong believes that auctions are like D-bet, and he needs to figure out the opponent's psychology. Of course he will not auction according to other people's routines, otherwise how can he become famous, "20 million!"
Compared with the auction price of 1 There is an increase of 2 million from 18 million, which is equivalent to a premium of 11%. According to Luo Qihong’s understanding, general land requires a premium of 15%-20%, so he is not worried at all that his peers will not keep up and the land will fall into his hands. .
Luo Qihong’s re-bidding finally attracted the attention of his peers, and naturally some people recognized Luo Qihong.
“Where did this stupid young man come from? He doesn’t understand any rules. Wouldn’t this bidding be a waste of money for the foreigners in the Hong Kong government?”
"I have an impression that this person should be Luo Qihong, the owner of Paramount Restaurant Company and Zhaoan Real Estate Company. He is a young man who made his fortune from scratch. It seems that no senior has ever explained the rules of the auction to him."
"Zhang Sheng, I think you should be the senior."
Zhang Sheng waved his hand and said with a wry smile, "This young man's ability and strength are better than mine. How dare I be the senior."
< br>The four people were whispering and joking with each other. No one wanted to deal with a newcomer like Luo Qihong. This was a thankless task, and of course no one was willing to do it.
Next, Luo Qihong stopped bidding, and his colleagues who were interested in the land breathed a sigh of relief. It was really a headache to meet the stupid Qing who accepted death.
(End of this chapter)