July 17th, in fact, is the day when "Speed of Life and Death" was released.

In fact, there is a more important thing happening in Xiangjiang.

That is, the Association of Banks announced that from next Tuesday, July 21, the interest rate on Hong Kong savings deposits will be raised from 11% to 12%.

Increasing the interest on deposits is to encourage people to save and stop investing irrationally.

You must know that the interest rate on the current loan in Xiangjiang is not low, the prime interest rate of the loan has climbed to 17%, and the interest rate on buying a house in installments has increased to 18%, which is completely comparable to the highest interest rate around 1973.

The Association of Banks has raised the interest rate on deposits, and the interest rate on loans has been rising, so it is clear that deposits are more profitable.

And there's a more important point.

Now that the government is clearly dissatisfied with the real estate market with high housing prices and high land prices, it has taken action to rectify the financial company, and seeing that the real estate in Xiangjiang is about to enter a downward channel, who would dare to buy a house at this time?

Even if you really want to buy a house, you have to wait until the situation stabilizes.

The most normal rhythm of buying a house is to buy up or down, you buy it as soon as it falls, who knows if it will continue to reduce the price as soon as you buy it?

As a result, after this announcement, the number of real estate transactions in Xiangjiang in the past few days has dropped sharply, and the number of transactions has decreased by more than 90% compared with the number of transactions last month.

But at the same time, the real estate projects in Xiangjiang have been slightly larger, but none of them have reduced their prices.

Chinachem's last price cut of $50 per square foot has risen again in the past two days.

The property market in Xiangjiang is moving slowly in this subtle, tightrope walking atmosphere.

The property market can still hold up, but the stock market is very responsive.

On July 17, the overall stock market of Hong Kong fell by 2.5% on the spot.

On Monday, July 20, the stock market continued to fall by 1.7%, and continued to fall by 1.5% after the new interest rate was officially implemented on Tuesday, and then fell by 2.3% on Wednesday, losing 6% of its market value in four trading days, evaporating more than billions of Hong Kong dollars.

That is, on the fifth trading day, when the stock market continued to fall as soon as it opened, a real estate company happily announced that it had gone public.

This real estate company is called Henderson Land Development Limited.

The total capital of the listing is 1.069 billion shares, the value of each share is set at 2 yuan, and the price-to-earnings ratio is 30 times the normal.

Then Henderson Land offered 50 million new shares at a price of 4 yuan per share, each unit of new shares includes 1 share capital and 4 shares of expected share capital, of which 4 shares of expected share capital will be paid 0.5 yuan per share when the new shareholders apply, and the rest will be paid at the end of this year and in June next year, with a payment amount of 1.5 yuan each time.

As a result, the 50 million new shares raised another 1 billion.

At this price, the total market value of Henderson Land Development Company has reached about 3 billion Hong Kong dollars.

The 3 billion Hong Kong dollar Heung Kong Real Estate Company was a super large company the year before last, and it was enough to rank in the top five last year.

But now that the market value of real estate companies is skyrocketing, its 3 billion is a bit unqualified, and at most it is ranked in the top ten.

The chairman of Henderson is called Li Zhaoji, the fourth in line, that is, the second super-rich man in Xiangjiang after Li Superman, Uncle Li.

Because of the high degree of monopoly in various industries, the ranking of the richest people in Hong Kong generally does not change much.

Especially the top 10 richest people, basically from now on, are those people who turn over and over.

However, the top three super-rich people, after the death of the helmsman of the Bao family, after the Huo family gradually hid their assets, it was basically Li Chaoren, Li Zhaoji and Zheng Yutong who took turns to sit in the village.

After the 90s, it was Li Chaoren first, Li Zhaoji and Zheng Yutong wandered between the second and third.

At that time, Sun Hung Kai and the three heroes could be said to be among the best talents in Hong Kong.

Kwok Tak Seng is a calculating, hands-on, and energetic character, which is very important in the entrepreneurial stage, because these characteristics of him have also been passed on to his three sons, so it has also laid the foundation for Sun Hung Kai Properties' glory in the next 40 years.

Feng Jingxi is another Bao Yugang, who is extremely good at life and work, so his relationship network is the largest and deepest, so his Sun Hung Kai Securities has ushered in countless Chinese capital, and finally became the president of the Hong Kong Stock Exchange, in charge of the lifeblood of the entire stock market.

The biggest advantage of Li Zhaoji is that he is careful, generous, and calculating.

The biggest difference between him and Li Chaoman is that he is not as smooth as Li Chaoman, as long as it is in line with his interests, he can do anything.

Therefore, before and after the return, Li Chaoren first received a lot of support from the British, and then was valued by the mainland and given more support, becoming the richest man in Xiangjiang, and Li Zhaoji could only be ranked second.

But in business, Li Zhaoji is very powerful, after he was able to set up his own door, he developed Henderson Land so well and became one of the top real estate companies in Xiangjiang, which is the embodiment of his ability.

Li Zhaoji does real estate, and what he is best at is actually nothing special, that is, repairing small houses.

Henderson is very good at building 300-500 square feet, and almost always sells when it is pressed, and repairs it when it is sold.

At its peak, Henderson Land has more than 140 properties under construction and ready for sale at the same time, which is an astonishing scale.

Of course, the total number of real estate projects in Henderson is not much, some are only one or two hundred, and some are only three or five hundred, which is not as domineering as Li Chaoren's construction of Whampoa Garden, and it is calculated by tens of thousands of units at every turn.

Li Zhaoji does this, then he needs to have a lot of land reserves, otherwise you are halfway through the cultivation and find that you have no land, so what should you do?

Therefore, in Xiangjiang, Henderson is the company with the largest land bank, more than Cheung Kong Group.

If there is no Yin Jun, Henderson will have the most land exchange rights and interests in the hands of Henderson.

In fact, if Yin Jun hadn't read Li Zhaoji's autobiography, he wouldn't have known about the book of rights and interests of the second type of land exchange...... Oh, by the way, this book was written by Liang Fengyi, the one who is now helping Yin Jun to go to Australia.

Then another fortune treasure of Li Zhaoji was to go to Canada, the United States, and Britain to advertise everywhere and buy the Xiangjiang properties in the hands of those immigrants in Hong Kong.

Because these immigrants are usually wealthy, and the real estate they stay in Xiangjiang is not of much use, it is better to sell the money to invest or live here.

In the 70s, only Li Zhaoji thought of this method, so basically those people sold real estate to him.

Then Li Zhaoji took these property rights certificates and continued to demolish, relocate, and build houses in the center of the city, and he didn't need to build much of a building, erecting a building, with one or twenty floors, and two or three hundred units, which was enough.

relied on such a "small fight" to make a lot of money for Li Zhaoji.

By the end of this year, he felt that the current real estate market had reached its hottest period, so he decided to go public and raise a profit.

If it declines next year, then he who has made money, at most he will buy back some shares by himself, which is quite perfect, isn't it?

It's just that what Li Zhaoji didn't expect was that the day he chose actually collided with a series of measures taken by the government and the banking association.

He was a little worried, but he ushered in a small outbreak of listing.

After the 200 million outstanding shares were taken out, they were swept away by others in half a day, and even 50 million new shares were swept away by funds, and the price rose to 2.14 yuan per share.

In the blink of an eye, Henderson's assets rose by about 7%.

Lee Chiu-ki was so happy that he couldn't keep his mouth shut, because it also proved that his Henderson Land was a very promising company.

And with the stock market as an ATM, Henderson's demand for funds will be further alleviated, and they will be able to develop better.

Rao is the current property market in Xiangjiang is very dangerous, but how can a smart person like Lee Shau Kee not know that the real estate in Xiangjiang will always go up - there is less land and more people, and the government needs real estate to be a pillar industry, which will inevitably lead to the real estate in Xiangjiang will definitely rise, and it is impossible to fall.

Therefore, accumulating strength at a low ebb, waiting for the property market to pick up again, and then exerting force again, isn't this the way to success?

Li Zhaoji, who was happy here, never thought that in fact, his Henderson Land had long been targeted by Yin Jun.

In fact, Yin Jun has been paying attention to the news of Henderson's listing today.

The three super-rich industries in Hong Kong, Cheung Kong Industrial, New World Development and Henderson Land, are the only ones left with Li Zhaoji's Henderson Land.

Henderson Land has just appeared in the stock market, and the company's market value is only 3 billion, compared with the peak market value of more than 600 billion Hong Kong dollars 30 years later, it is almost the same as the price of cabbage.

However, Yin Jun didn't think about starting now.

Because very simply, in the wave of the property market crash in Hong Kong next year, almost all Hong Kong companies have not escaped, especially real estate companies.

At that time, the value of Li Zhaoji's Henderson seemed to have fallen even lower.

At that time, if you make a move, you will not only be able to pick up good stocks with a cabbage price, but also be able to gain Li Zhaoji's friendship, which is much more cost-effective than grabbing Henderson shares from the stock market now.

Yin Jun wants to buy Henderson Land's shares, not that he wants to control Henderson Land and let Li Zhaoji work for himself.

He just wants to be lazy, buy about 20% of the shares like he bought the shares of Changjiang Industrial before, and then let Li Zhaoji continue to be his helmsman, and he will continue to receive dividends and enjoy the happiness of asset appreciation.

You must know that Li Zhaoji is well-known for his generosity, and he especially likes a large amount of dividends every year.

Just such a huge profit can support Yin Jun to do a lot of things!