In fact, the situation in Hong Kong stock market has been very sluggish since Mrs. Thatcher fell in front of the Great Hall of the People two months ago.
Fortunately, China and the UK are still negotiating, and citizens are waiting and watching, and still retaining a trace of luck in their hearts.
After November, the first round of negotiations in the first phase of the Sino-UK negotiations is about to end, and the spokespersons of both sides are very obscure.
But it can still be seen from the lines that the negotiations have been stalemate and there has been no progress in the negotiations in the past two months.
The British side threatened that once China took back Hong Kong, Hong Kong would fall into chaos, and began to create public opinion and fan the flames in Hong Kong.
The Hong Kong stock market, which was only a slow decline in the first two months, fell from 941 points to 703 points within three days, and is still falling.
The real estate companies fell the worst. While the stock market fell, Hong Kong's housing prices and land prices also plummeted.
The bid price of an industrial land in Kowloon Bay, Hong Kong fell from 150 million to 15 million, down more than 90%.
Why did land prices in Hong Kong fall so outrageously?
Because according to the "New Territories Leasing" signed by the Qing government and the UK, the New Territories will be returned to China 99 years later (1997), which has left only more than ten years of legal term for the New Territories land sold by the British government.
The 97 Daquan term became popular in Hong Kong, which roughly means that all land purchased in the New Territories will be reclaimed and confiscated by China in 1997.
Who dares to buy it?
In addition, last year the UK enacted the British Nationality Act 1981, which stipulates that anyone born in a British territory is eligible to become a British citizen, but one of the parents must be a British citizen or settled in the UK.
The introduction of this bill caused a wave of immigration in Hong Kong last year. Many Hong Kong people applied to immigrate to the UK in order to become British citizens.
This move caused the Hong Kong property market to plummet last year, and then gradually stabilized. However, now because the UK promotes public opinion in Hong Kong, the immigration wave in Hong Kong has exploded again, which has further driven the Hong Kong property market to plummet.
Feng Huáng TV Station, Kang Jianfei's office.
Mr. Wang Kuang said straight to the point: Xiaoyou Kang, the British public opinion is raging this time. I hope your TV station can cooperate with Xinhua News Agency.
What kind of cooperation method?Kang Jianfei asked.To be honest, he doesn't want to interfere with such things, after all, the British government will still have to rule in Hong Kong for more than ten years.
Wang Kuang smiled and said: It is not that your TV station wants to express its support for our party. It is just that you need to objectively publicize China's policies on the TV station.In summary, it can be found in six words: "Run the horse, dance the dance, dance the horse." The Chinese government promised that the system will remain unchanged after the retraction of Hong Kong.
Kang Jianfei thought for a while and said: Is this OK?I invited the editor-in-chief of Wenhui Po and the vice president of Yindu Institution to be guests. Everyone went to "Qianqiang Threesomes" to talk slowly and let them publicize the Communist Party's policies towards Hong Kong.In addition, in the news program, I can also help you promote it appropriately.
Seeing Kang Jianfei cooperated so much, Wang Kuang said happily: The Party and the people will not forget Mr. Kang's contribution to the reunification of the motherland.
After sending Wang Kuang away, Kang Jianfei sighed and called the person in charge below to give orders.
Now it is the most important moment of the first round of negotiations in the first phase of the China-UK negotiations. Both China and the UK are playing the mass card and trying to bring the Hong Kong people to their own side.
In recent days, Hong Kong's newspapers that are more central and British have started war again, and even Jin Yong's "Ming Pao" has been included.
More than ten years ago, Jin Yong was called "Jackal and Wolfy" by the left-wing newspaper in Hong Kong. The original words were the best traitor, dog gallbladder, jackal and Wolfy, and was a dog with an evil bone-resistant and yin-wet and wet dog.
But at this time, Ming Pao was obviously standing on the side of the mainland, becoming comrades-in-arms with Hong Kong left-wing newspapers, and spared no effort to promote the CCP’s policies last year Jin Yong was personally received by Mr. Deng.
In contrast to Ming Pao's position, Run Run Shaw's TVB this time is inclined to the British side. After all, Run Run Shaw is a jazz named by the Queen of England.
Kang Jianfei even speculated very viciously: Run Run Shaw, who has always been stingy, suddenly decided to donate 100 million yuan to the country every year to help students in education in the past few years before Hong Kong's return. Isn't it just showing goodwill to the mainland to cover up the case of helping the British people in the past?
TVB helped the British side to promote it, and Kang Jianfei's Feng Huáng Station was naturally noticed by the CCP and became a public opinion weapon against TVB.
There are many public opinions from outside, attracting the attention of all Hong Kong people. After all, the results of the Sino-British negotiations are related to their future.
Kang Jianfei was not interested in this, and his eyes were always staring at the land and buildings in Hong Kong.
The land prices in Hong Kong Island and Kowloon have not fallen so terrifyingly, but the land prices in the New Territories have plummeted, basically reaching the point where no one buys the bargain price.
Because even if you buy land in the New Territories, the validity period on the land deed will only last until 1997. Which sucker will spend money to buy a land that has a validity period of more than ten years?
Last year, Li Chaoren and Huo Tycoon were personally received by Mr. Deng. They may be very confident in the future of Hong Kong, but they will never buy land at this time.
Because the stock price of their real estate companies plummeted, they couldn't sell their existing houses, and the company suffered a lot of losses. How could they have the time to buy the bottom and buy land?
On November 8, Kang Jianfei spent 12 million Hong Kong dollars to buy more than 300 acres of wasteland between Tseung Kwan O and Tseung Kyoung Ling at a bargain price. The ultimate goal is to build Tseung Kwan O Film and Television City and relocate all Oriental Dream Factory and Feng Huáng TV Station.
On November 10, Kang Jianfei bought Yau Ma Tei Theater (including land), one of the five major theaters in Hong Kong for 6 million yuan.
The so-called five major theaters are just what I said 30 years ago. There are only 500 seats in the Yau Ma Tei Theater, and some facilities are outdated.
This theater originally belonged to Shaw Brothers Cinema. It was rented by Lei Juekun more than two years ago and joined the Golden Princess Cinema.
If the original time and space development is developed, Yau Ma Tei Theater will withdraw from Princess Jin in three years and join Nikka Cinema (a theater that specializes in pornographic movies).
Although Yau Ma Tei Theater is not a leading theater for Princess Jin, it still makes Lei Juekun angry when he heard that Kang Jianfei bought this theater.
However, Lei Juekun had no time to fight Kang Jianfei. Although he had lost control of Kowloon Bus last year, he still had a large number of shares.
Moreover, Lei Juekun is also the second largest shareholder of Kowloon Jianye. As the stock prices of the two listed companies plummeted, Lei Juekun's net worth has shrunk by nearly half.
On November 12, Kang Jianfei bought a 12-story building in Kowloon for a low price of 25 million yuan and renamed it Oriental Building.
Among them, the several floors facing the street are shopping malls, the several floors upstairs are office buildings, and the two floors in the middle are ordered to be transformed into a multi-hall cinema Oriental Cinema.
Oriental Building was originally owned by New World Real Estate. Last year, when Yang Xcheng was serving his sentence in prison, he happened to encounter the bursting of the Hong Kong real estate bubble.
By the time Yang Xcheng was released from prison due to his sentence, his New World Real Estate had been suspended and he still owed more than 300 million yuan in huge debts.
Many properties in New World were auctioned because the building also had stable rental income, so it was retained to pay off its debts on a monthly basis.
Unfortunately, the Hong Kong property market plummeted again a few days ago, and the building was also taken out for auction. The auction price was even only 18 million yuan. Kang Jianfei took some time to grab the building.
On November 15, Kang Jianfei spent 53 million yuan to buy Luhaitong Building, No. 31 East Central, Queen's Avenue.
Lu Haitong Building has only 13 floors. The reason why the purchase price is twice as high as Oriental Building is because it is located in a prime location in Hong Kong Island, and its boss Lu Haitong Company is very strong.
If it weren't for the loss of other businesses of Luhaitong Company, it would be better for Kang Jianfei to buy 60 million yuan and others would not sell it.
After Kang Jianfei bought Lu Haitong Building, Kang Jianfei was used for rent on other floors. What he valued the most was the Queen's Theater on the ground floor of the building.
The location of this theater is really great. When you go out, you will be on Queen's Avenue. The traffic here is very terrifying.
By the way, Leslie Cheung’s father’s clothing store is in the Queen’s Theater mall.
Since Kang Jianfei bought it, the building can no longer be called Lu Haitong Building. Kang Jianfei was too lazy to think about his name, so he directly filled in the Queen Building when he changed his name.
In addition, Kang Jianfei spent 30 million to buy 18 villas in the Mid-mountain area, Woda Laodao Mountain, Repulse Bay, Lantau Island and other places.
Especially the holiday villas on Lantau Island are even more luxurious than those on Mid-Level villas, but the price is equivalent to free gifts, and they are even less than an apartment building on Hong Kong Island.
Why is it so cheap?
Because the real estate company that repairs vacation villas are either bankrupt or on the verge of bankruptcy, many villas are directly forcibly auctioned by banks.
Houses in Hong Kong are plummeting now, and maybe one day the Sino-UK negotiations will break down. Who has the time to have the leisure to buy villas in remote resorts?
When Kang Jianfei bought these villas, no one bids with him. As long as someone asks for a house, other buyers tacitly chose to give up.
Anyway, there are still a large number of houses waiting to be sold at a low price, so they don’t have to fight for it.
In less than two weeks, he spent more than 140 million yuan on the 200 million yuan raised by Kang Jianfei, including the money for the construction of the Tseung Kwan O set and Oriental Cinema, and the renovation of Yau Ma Tei Theater.
Now Kang Jianfei has three theaters in his hands, among which Queen Cinema can be used as a leading theater and will immediately join the New Era theater, but the other two theaters will have to wait for some time.
Although the Yau Ma Tei Theater only has 500 seats and the surrounding residents are all middle and lower-class civilians, it is the center of the old district and has a very sufficient customer base.
Yau Ma Tei Theater is a single-story building. Kang Jianfei is planning to refill two more floors and transform Yau Ma Tei Theater into a three-story multi-hall cinema.
As for Oriental Cinema, it will take at least one or two months to complete the renovation of seats, audio equipment, etc.
The locations of these three theaters are good. As long as Hong Kong films flourish, there is no need to consider the issue of losses.
In addition to these three theaters, Kang Jianfei's eyes are also staring at the Taiping Theater, the oldest theater in Hong Kong.
Fortunately, China and the UK are still negotiating, and citizens are waiting and watching, and still retaining a trace of luck in their hearts.
After November, the first round of negotiations in the first phase of the Sino-UK negotiations is about to end, and the spokespersons of both sides are very obscure.
But it can still be seen from the lines that the negotiations have been stalemate and there has been no progress in the negotiations in the past two months.
The British side threatened that once China took back Hong Kong, Hong Kong would fall into chaos, and began to create public opinion and fan the flames in Hong Kong.
The Hong Kong stock market, which was only a slow decline in the first two months, fell from 941 points to 703 points within three days, and is still falling.
The real estate companies fell the worst. While the stock market fell, Hong Kong's housing prices and land prices also plummeted.
The bid price of an industrial land in Kowloon Bay, Hong Kong fell from 150 million to 15 million, down more than 90%.
Why did land prices in Hong Kong fall so outrageously?
Because according to the "New Territories Leasing" signed by the Qing government and the UK, the New Territories will be returned to China 99 years later (1997), which has left only more than ten years of legal term for the New Territories land sold by the British government.
The 97 Daquan term became popular in Hong Kong, which roughly means that all land purchased in the New Territories will be reclaimed and confiscated by China in 1997.
Who dares to buy it?
In addition, last year the UK enacted the British Nationality Act 1981, which stipulates that anyone born in a British territory is eligible to become a British citizen, but one of the parents must be a British citizen or settled in the UK.
The introduction of this bill caused a wave of immigration in Hong Kong last year. Many Hong Kong people applied to immigrate to the UK in order to become British citizens.
This move caused the Hong Kong property market to plummet last year, and then gradually stabilized. However, now because the UK promotes public opinion in Hong Kong, the immigration wave in Hong Kong has exploded again, which has further driven the Hong Kong property market to plummet.
Feng Huáng TV Station, Kang Jianfei's office.
Mr. Wang Kuang said straight to the point: Xiaoyou Kang, the British public opinion is raging this time. I hope your TV station can cooperate with Xinhua News Agency.
What kind of cooperation method?Kang Jianfei asked.To be honest, he doesn't want to interfere with such things, after all, the British government will still have to rule in Hong Kong for more than ten years.
Wang Kuang smiled and said: It is not that your TV station wants to express its support for our party. It is just that you need to objectively publicize China's policies on the TV station.In summary, it can be found in six words: "Run the horse, dance the dance, dance the horse." The Chinese government promised that the system will remain unchanged after the retraction of Hong Kong.
Kang Jianfei thought for a while and said: Is this OK?I invited the editor-in-chief of Wenhui Po and the vice president of Yindu Institution to be guests. Everyone went to "Qianqiang Threesomes" to talk slowly and let them publicize the Communist Party's policies towards Hong Kong.In addition, in the news program, I can also help you promote it appropriately.
Seeing Kang Jianfei cooperated so much, Wang Kuang said happily: The Party and the people will not forget Mr. Kang's contribution to the reunification of the motherland.
After sending Wang Kuang away, Kang Jianfei sighed and called the person in charge below to give orders.
Now it is the most important moment of the first round of negotiations in the first phase of the China-UK negotiations. Both China and the UK are playing the mass card and trying to bring the Hong Kong people to their own side.
In recent days, Hong Kong's newspapers that are more central and British have started war again, and even Jin Yong's "Ming Pao" has been included.
More than ten years ago, Jin Yong was called "Jackal and Wolfy" by the left-wing newspaper in Hong Kong. The original words were the best traitor, dog gallbladder, jackal and Wolfy, and was a dog with an evil bone-resistant and yin-wet and wet dog.
But at this time, Ming Pao was obviously standing on the side of the mainland, becoming comrades-in-arms with Hong Kong left-wing newspapers, and spared no effort to promote the CCP’s policies last year Jin Yong was personally received by Mr. Deng.
In contrast to Ming Pao's position, Run Run Shaw's TVB this time is inclined to the British side. After all, Run Run Shaw is a jazz named by the Queen of England.
Kang Jianfei even speculated very viciously: Run Run Shaw, who has always been stingy, suddenly decided to donate 100 million yuan to the country every year to help students in education in the past few years before Hong Kong's return. Isn't it just showing goodwill to the mainland to cover up the case of helping the British people in the past?
TVB helped the British side to promote it, and Kang Jianfei's Feng Huáng Station was naturally noticed by the CCP and became a public opinion weapon against TVB.
There are many public opinions from outside, attracting the attention of all Hong Kong people. After all, the results of the Sino-British negotiations are related to their future.
Kang Jianfei was not interested in this, and his eyes were always staring at the land and buildings in Hong Kong.
The land prices in Hong Kong Island and Kowloon have not fallen so terrifyingly, but the land prices in the New Territories have plummeted, basically reaching the point where no one buys the bargain price.
Because even if you buy land in the New Territories, the validity period on the land deed will only last until 1997. Which sucker will spend money to buy a land that has a validity period of more than ten years?
Last year, Li Chaoren and Huo Tycoon were personally received by Mr. Deng. They may be very confident in the future of Hong Kong, but they will never buy land at this time.
Because the stock price of their real estate companies plummeted, they couldn't sell their existing houses, and the company suffered a lot of losses. How could they have the time to buy the bottom and buy land?
On November 8, Kang Jianfei spent 12 million Hong Kong dollars to buy more than 300 acres of wasteland between Tseung Kwan O and Tseung Kyoung Ling at a bargain price. The ultimate goal is to build Tseung Kwan O Film and Television City and relocate all Oriental Dream Factory and Feng Huáng TV Station.
On November 10, Kang Jianfei bought Yau Ma Tei Theater (including land), one of the five major theaters in Hong Kong for 6 million yuan.
The so-called five major theaters are just what I said 30 years ago. There are only 500 seats in the Yau Ma Tei Theater, and some facilities are outdated.
This theater originally belonged to Shaw Brothers Cinema. It was rented by Lei Juekun more than two years ago and joined the Golden Princess Cinema.
If the original time and space development is developed, Yau Ma Tei Theater will withdraw from Princess Jin in three years and join Nikka Cinema (a theater that specializes in pornographic movies).
Although Yau Ma Tei Theater is not a leading theater for Princess Jin, it still makes Lei Juekun angry when he heard that Kang Jianfei bought this theater.
However, Lei Juekun had no time to fight Kang Jianfei. Although he had lost control of Kowloon Bus last year, he still had a large number of shares.
Moreover, Lei Juekun is also the second largest shareholder of Kowloon Jianye. As the stock prices of the two listed companies plummeted, Lei Juekun's net worth has shrunk by nearly half.
On November 12, Kang Jianfei bought a 12-story building in Kowloon for a low price of 25 million yuan and renamed it Oriental Building.
Among them, the several floors facing the street are shopping malls, the several floors upstairs are office buildings, and the two floors in the middle are ordered to be transformed into a multi-hall cinema Oriental Cinema.
Oriental Building was originally owned by New World Real Estate. Last year, when Yang Xcheng was serving his sentence in prison, he happened to encounter the bursting of the Hong Kong real estate bubble.
By the time Yang Xcheng was released from prison due to his sentence, his New World Real Estate had been suspended and he still owed more than 300 million yuan in huge debts.
Many properties in New World were auctioned because the building also had stable rental income, so it was retained to pay off its debts on a monthly basis.
Unfortunately, the Hong Kong property market plummeted again a few days ago, and the building was also taken out for auction. The auction price was even only 18 million yuan. Kang Jianfei took some time to grab the building.
On November 15, Kang Jianfei spent 53 million yuan to buy Luhaitong Building, No. 31 East Central, Queen's Avenue.
Lu Haitong Building has only 13 floors. The reason why the purchase price is twice as high as Oriental Building is because it is located in a prime location in Hong Kong Island, and its boss Lu Haitong Company is very strong.
If it weren't for the loss of other businesses of Luhaitong Company, it would be better for Kang Jianfei to buy 60 million yuan and others would not sell it.
After Kang Jianfei bought Lu Haitong Building, Kang Jianfei was used for rent on other floors. What he valued the most was the Queen's Theater on the ground floor of the building.
The location of this theater is really great. When you go out, you will be on Queen's Avenue. The traffic here is very terrifying.
By the way, Leslie Cheung’s father’s clothing store is in the Queen’s Theater mall.
Since Kang Jianfei bought it, the building can no longer be called Lu Haitong Building. Kang Jianfei was too lazy to think about his name, so he directly filled in the Queen Building when he changed his name.
In addition, Kang Jianfei spent 30 million to buy 18 villas in the Mid-mountain area, Woda Laodao Mountain, Repulse Bay, Lantau Island and other places.
Especially the holiday villas on Lantau Island are even more luxurious than those on Mid-Level villas, but the price is equivalent to free gifts, and they are even less than an apartment building on Hong Kong Island.
Why is it so cheap?
Because the real estate company that repairs vacation villas are either bankrupt or on the verge of bankruptcy, many villas are directly forcibly auctioned by banks.
Houses in Hong Kong are plummeting now, and maybe one day the Sino-UK negotiations will break down. Who has the time to have the leisure to buy villas in remote resorts?
When Kang Jianfei bought these villas, no one bids with him. As long as someone asks for a house, other buyers tacitly chose to give up.
Anyway, there are still a large number of houses waiting to be sold at a low price, so they don’t have to fight for it.
In less than two weeks, he spent more than 140 million yuan on the 200 million yuan raised by Kang Jianfei, including the money for the construction of the Tseung Kwan O set and Oriental Cinema, and the renovation of Yau Ma Tei Theater.
Now Kang Jianfei has three theaters in his hands, among which Queen Cinema can be used as a leading theater and will immediately join the New Era theater, but the other two theaters will have to wait for some time.
Although the Yau Ma Tei Theater only has 500 seats and the surrounding residents are all middle and lower-class civilians, it is the center of the old district and has a very sufficient customer base.
Yau Ma Tei Theater is a single-story building. Kang Jianfei is planning to refill two more floors and transform Yau Ma Tei Theater into a three-story multi-hall cinema.
As for Oriental Cinema, it will take at least one or two months to complete the renovation of seats, audio equipment, etc.
The locations of these three theaters are good. As long as Hong Kong films flourish, there is no need to consider the issue of losses.
In addition to these three theaters, Kang Jianfei's eyes are also staring at the Taiping Theater, the oldest theater in Hong Kong.
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