Chapter 169 Real Estate Weathervane

DreamWorks Films (Hong Kong) has now entered the Liu Tianci era.

Fang Hexuan paid much less attention to this film company than in the previous two years.

As the number of companies under his control increased, he could only focus his limited energy on the most important companies such as BYD, BMW, Maple Leaf Computers and Wanda Real Estate.

However, the plan he drew up for DreamWorks movies is enough for Liu Tianci to give full play to. As long as Liu does not mess around, DreamWorks will only become stronger and stronger.

However, last month, on July 7rd.

Tsui Hark, one of DreamWorks' ace directors, has a new film to be released. Fang Hexuan, the big boss who personally invited him, still gave face to Tsui Hark.

"Ghost in the Shell" is Tsui Hark's second directorial work at DreamWorks. After the performance of his first film "Changeling" was not very ideal, Tsui wanted to save his face and prove that he is also a director with box office appeal.

However, even if this movie is successful, it is not the credit of Tsui Hark alone.

At least, the script of "The Casual Guys" came from the story outline written by the big boss, and the work of filling in the details was also done by the DreamWorks Screenwriters Committee.

All I can say is that Tsui Hark found "The Greedy Ghost" among the many scripts of DreamWorks, which is very suitable for him, which shows that he has some appreciation ability.

Throughout the entire month of July, Mr. Fang only showed up at the premiere of Tsui Hark's film. It must be said that this kind of respect really benefited Tsui Hark.

Throughout August, two land transactions by the Hong Kong government clearly sent out signals that the real estate market was about to begin to decline.

The first case was announced on August 8rd, when an agreement was reached with Weicheng Company to reclaim 3 hectares of land in Tin Shui Wai, Yuen Long for HK$22.58 billion.

Tin Shui Wai covers an area of ​​approximately 5200 million square feet and is located in the New Territories of Hong Kong, across the sea from Shekou in Shenzhen.

Before 1979, this place was just a farmland, a pond, and some dilapidated houses. Some farmers grew crops here, and some fishermen raised fish here.

Since the beginning of the last century, the land in Tin Shui Wai has been owned by the Zhao clan in the name of Luen Tak Company, which was one of the largest single-owner land parcels in Hong Kong at that time.

In 1978, Lian De Company was reorganized into Lian De Trust.

In the same year, Li Ka-shing's Cheung Kong Holdings and Wheelock successfully acquired 51% of the shares of United Trust, while Wong Chun-fai, a descendant of Wong Hak-king, and another businessman purchased 42% of United Trust.

1979年长江实业、会德丰、大宝地产以及第一次参与地产发展的中资公司华润共同成立了巍城有限公司（Mightycity Ltd.由华润、大宝地产、长实及会德丰分别占51%、25%、12.5%及5%的股权）以及巍城的全资子公司—天水围发展有限公司。

Through a series of equity transfers, Weicheng successfully purchased 93% of Liande Trust’s equity.

Later, members of the Zhao family went to court with conglomerates such as China Resources and Cheung Kong Holdings over equity transfer issues.

As a result, the court ordered that part of Liande Trust’s shares be put up for public auction.

Finally, in 1980, Weicheng acquired all the shares of Liande Trust and the land assets in Tin Shui Wai in a public auction.

Initially, High City planned to develop Tin Shui Wai on its own and proposed a new town with a population of 15 to be completed in three phases over a period of 53.5 years.

At that time, Huanggua was busy scheming with Fang Hexuan, and his attention was focused on acquiring shares in Hutchison Whampoa. His shareholding position was only ranked third, so he did not participate in the planning of Tin Shui Wai.

This is the first time that China Resources is undertaking a real estate project. It is full of ambition and is fearless like a newborn calf.

The entire development plan is hosted by China Resources itself, which has always been a trading group company.

I have no development experience and don’t understand the rules of the game in real estate development in Hong Kong.

As a result, the plan encountered setbacks not long after it had progressed.

Unable to continue development, China Resources had no choice but to ask Weicheng Company to sell the land in Tin Shui Wai back to the Hong Kong government.

From the perspective of interests, the Hong Kong government is certainly willing to take back 22.58 hectares of land at a price of HK$488 billion.

If you keep such a large piece of land and sell it when the market is booming, you can make several times the profit.

However, considering the entire real estate market and Hong Kong people's confidence in the Hong Kong economy, China Resources' withdrawal is a sign of the times that will have a chilling effect and have a strong psychological impact on other investors.

The second case was on August 8, when the Hong Kong government announced that it had reached an agreement with Bank of China (Hong Kong).

The Murray Road car park in Central, which later became the Bank of China Building, was sold for HK$10 billion.

When the news of this agreement came out, both the real estate market and the stock market were shocked.

Clear-minded investors have realized that adjustments in real land and property prices are inevitable.

Although there are political considerations behind this agreement and it is not purely a market transaction, it still makes many people smell a crisis.

These two transactions involving the Hong Kong government are almost clear signs, telling smart people that if they evacuate now, they can still land safely.

But Fang Hexuan believes that truly smart people are a minority.

When the fire broke out on August 8, Fong Hok-xuan, the richest man in Hong Kong, was the first to come forward and donate a considerable amount.

Given that the Hong Kong dollar has depreciated by 20% against the US dollar, Mr. Fang’s donation also has to take into account the issue of inflation.

On the day of the fire, he announced through his two newspapers that he would donate 4000 million Hong Kong dollars for the resettlement and relief of disaster victims.

8月24日，方鹤轩占有5%股份的香港大东电报局宣布，将于9月1日开始涨价。

Any telegram transmission within Hong Kong will be charged an additional 30%.

The reality is so magical. From a purely British-funded company to a Hong Kong-British joint venture, it has become even more monopolistic.

Now, everyone is implicated, and Mr. Fang, the richest man, can no longer laugh at Bao the shipping king.

On August 8, Fang Hexuan and his sister boarded a plane to Boston, Massachusetts, USA.

She reported to the university only a week in advance because Lu Qiaoling couldn't bear to leave her daughter.

After all, the mother and her two children have been dependent on each other for so many years, and Fang Luoyi has never left her side.

Although Lu Qiaoling often scolds and criticizes her daughter, her daughter is definitely the one who is most owed.

Because Fang Luoyi was a posthumous child, he has never seen his biological father since he was born.

Now, my daughter has grown up and can no longer be by my side.

This time, we may not be able to see each other for half a year.

Before leaving, Lu Qiaoling prepared ten luggage bags for Fang Luoyi.

In addition to multiple sets of clothes, there are also various snacks, medicines and other things.

Even the almost expressionless female bodyguard Jiang Ping was secretly shocked after seeing it.

This is not going to college, it's simply "smuggling".

Even though the eldest princess of the Fang family went to study in the United States, Jiang Ping and Zheng Erniu still had to follow her to the United States.

After boarding the plane, Brother Niu sat in the first class cabin and sighed:
"I have never seen a real airplane since I was a child. This time, I not only saw it, but I also touched it."

"Besides, I'm going abroad!"

　Thanks to book friend 20171029004947168 for the recommendation vote!

(End of this chapter)