novelones Chapter 236: Twists and turns, record-breaking auction
Chapter 236: Twists and turns, record-breaking auction
Of course, he would not tell his good ally Charles any of this, and would let him chatter in his ears.
In order to calm Charles down, Guy had to comfort him:
"Prince, don't worry. Although the situation has changed, we can take it one step at a time. We won't help raise the price. Only Catherine can perform a one-man show, and Wang Lei can't stand up."
"Yes, the three of us won't bid. Let Catherine play alone. I'll see how the auction goes on."
But at this moment, there was another commotion among the media at the door.
"Who's here again?"
"It's Robert from Cayman Fund. How could this big short seller come to join in the fun?"
Cayman Capital is also one of the top ten investment banks on Wall Street, but its reputation is not very good. It is called the king of hedging in the industry.
Its president is also known as the King of Short Selling.
I saw several small companies sitting at the door stand up and try to take photos with Robert and establish friendship.
"Fake, this cunning guy Robert must have also seen that the Chek Lap Kok project is profitable!"
It can be said that Robert's appearance completely disrupted Guy's layout.
It was almost impossible for him to win Chek Lap Kok at a fair price.
"Prince, the situation has changed. I need to make a call and return to the clan. This is the end of our cooperation!"
The speed with which Guy changed his face left Charles speechless, but he knew that these family members were unreliable.
"Guy, just go ahead."
Turning around, he said to Mr. Li in a condescending tone:
"How much money can the four of you come up with this time? If I win these projects, I won't treat you badly."
Richest Man Li sneered at Charles's words in his heart.
How could he, who had suffered losses before, not know that cooperating with Charles was to seek skin from a tiger.
When he held a meeting with other Gangcheng families, he did not mention the bidding, but wanted to use the power of the four major families to help the Wang Group overcome the current difficulties.
Of course, I still have to deal with Charles.
"Prince, the other three major families have agreed to participate in the bidding process.
But now that the bid-rigging plan has come to nothing, the three of them will definitely not continue to be on our side. "
Hearing this, Charles could only feel helpless and furious, and said angrily:
“So how much money did you raise?”
"5 billion Hong Kong dollars!"
"Why are there so few! Sir Li, you don't want to contribute, do you?"
Hearing Charles speak to him so arrogantly, Richest Man Li responded angrily:
"Prince, shouldn't you know best why I can only take out so much?"
Charles knew that now was not the time to break up with Richest Man Li, so he could only comfort him:
"I'm sorry, I'm sorry, Sir Li, please forgive me for being rude. You know how I feel now."
The richest man Li could not help but roll his eyes, but in his heart he was applauding the Wang family.
Now that the king of private equity and the king of hedging are here, the trend of bid-rigging will naturally be resolved.
He expected that the biggest winner in this battle between dragons and tigers would be the Wang Group.
Guy left and came back again, the corners of his mouth raised, and he felt a little more confident.
Looking at this situation, I have obtained a lot of financial authority from the clan elder.
The gambling king and the Wang family were the last to enter.
Looking at the major camps at the venue, the gambling king smacked his tongue slightly.
I immediately understood that this was the Wang family’s response.
Now it seems that he was completely worried. Even without himself as an ally, the Wang family would not suffer a loss in this auction.
With the sound of the hammer falling, the auction officially began.
“What is being auctioned now is project No. 17 of Chek Lap Kok Phase 4000, which covers an area of [-] hectares and is planned to build [-] housing units.
The total investment in land creation and initial stage is HK$20 billion, and the subsequent investment is estimated to be HK$20 billion.
The estimated revenue after completion is HK$120 billion...the auction price is HK$40 billion. "
Everyone was surprised, how could the estimated income be so high.
Actuarial appraisers on site gave explanations:
"The project is expected to be completed in two and a half years. According to the current popularity of real estate in Hong Kong City, such a high profit is entirely possible as long as it is done properly."
Many company representatives have made some mental estimates. Excluding the subsequent investment amount, there is still at least 40 billion to 80 billion quotation space.
Representatives of some small groups raised their cards one after another. They planned to enter the project at once. With just such a project, they would not have to worry about it for the next ten years.
The faces of Charles, Guy and others all changed drastically.
"This...Wang Group does not respect martial ethics!"
There is a reason for their anger. The Wang Group's previous promotions were talking about package auctions.
How come when we got to the scene, the rules were changed and turned into a split auction.
Someone immediately went to ask, and the Wang Group gave their people a very ridiculous explanation.
"Wang said that their English translation made a typo, and the Chinese promotion said it was a split auction!"
"How could such a large group make such a low-level mistake? We want a more reasonable explanation!"
Seeing Guy and others performing well in solving problems, Wang Zhengyi was not used to them.
"We have already apologized to you, but you still want to go further?
If you don't want to participate in the auction, you can leave and Wang Group can reimburse your travel expenses. "
After receiving this answer, Charles, Guy and others could only pinch their noses and accept it.
"Whether we split it up, we can eat as much as we can!"
Guy gave the order, and people in the minor leagues took turns making offers.
It was very lively for a while, and after just a few rounds of bidding, the auction price reached HK$60 billion.
One by one, small real estate companies gave up their bids.
The rest are all large companies with deep pockets.
"Charles, we are not enemies. Our opponents are Blackstone and Cayman. How about you give up this round of offers?"
"Guy, why don't you give up on such a good project first?"
Mr. Li, who was sitting between the two, smiled secretly in his heart.
This had just begun, and the two dogs started biting each other first. You must know that last night they were sitting at a table discussing how to divide Chek Lap Kok.
What made them feel aggrieved was that Catherine went all out and directly raised the price to HK$70 billion!
Looking at the precarious profits, the two of them gave up and continued to shoot.
"Congratulations to Blackstone Group for winning the Chek Lap Kok [-] project."
"Damn it, now we have to go all out."
"What is being auctioned now is Project No. 25 of Phase 50 of Chek Lap Kok. The land area is [-] hectares... It is a piece of commercial real estate and will become the largest commercial center in Chek Lap Kok. The revenue is not yet estimated. The starting price is HK$[-] billion!"
The largest commercial center?
Everyone realized how prosperous this land project would be after all the projects were completed, and they looked excited.
No matter what the cost, we must win this land!