Chapter 196 Reclamation Rights Auction
Chapter 196 Reclamation Rights Auction
The next morning, Fu Ziyan, wearing a pink houndstooth suit and a rose gold Rolex watch, drove to the land auction venue with an imposing aura.
Many real estate company CEOs attended the auction, all of whom were much older and more experienced than her. Although they were competitors, they still greeted each other warmly and politely when they met, "Ms. Fu is also attending this auction."
"Yeah, it's rare to see a grand land auction like this, so I came here to see what it's like before school starts."
"I wonder which piece of land Ms. Fu is interested in?"
"The land being auctioned this time is all very good. If that's what you're asking, then I'm definitely interested in it all... I hope we can all get what we want, and everyone will be happy."
Fu Ziyan greeted everyone with a smile and a kind attitude. She handled the temptations and compliments from all sides with ease. Every response was elegant and appropriate, but she didn't reveal anything.
A certain CEO secretly said to his partners, "Ms. Fu is indeed worthy of being raised by Mr. Fu. Although she is young, she has never been at a disadvantage even when surrounded and tested by so many people."
"More than being at a disadvantage, I think this guy can completely suppress us in these verbal exchanges. The fact that we're evenly matched might be intentional."
"I really envy Mr. Fu, he has someone to carry on his legacy."
"Don't say that. I see your eldest son is doing well in the company, so you have someone to take over."
"Alas, it's a pity that I can't compare to Miss Fu."
"..."
At nine o'clock in the morning, the land auction of Hong Kong City Hall officially began.
Fu Ziyan ignored the bidding for other plots of land. She was focused solely on the auction of the Sha Tin East Coast reclamation rights. No matter how others bid, she always raised her bid calmly.
"One hundred and ninety million."
"..."
"Two hundred and fifty million."
"..."
"Two hundred and eighty million."
"..."
In the end, Fu Ziyan, on behalf of Fu and Dream Building Company, spent 300 million to bid for the reclamation rights of 30 million square feet in Sha Tin, of which 40% of the land was returned to the government for the development of public housing and community facilities.
This is the largest piece of land in today's reclamation rights auction, especially since only 40% of the land will be returned to the government. This is really a point that makes all companies excited, but Fu Ziyan raised the bid calmly from beginning to end, and it is obvious that she is determined to win.
Shatin is large, but its location is remote. Three hundred million is no small sum; with that much money, one could easily buy land in a better location. When it comes to land in Hong Kong, location is more important than size.
Those who are able to acquire this land may think that investing 300 million in Sha Tin is more risky with the same return, or they may be willing to give face to the Fu family and Fu Qiyuan and acquire other high-quality land within the limited scope of funds.
Those with less financial resources were mostly hesitant to take such a gamble. If they really wanted to come up with 300 million, they would have to borrow money from banks and scrape it together. But who would dare to put all that money on the Shatin land? If any risks arose, the company's funding chain would be broken.
Furthermore, looking at Fu Ziyan's calm expression when she raised the sign, 300 million does not seem to be the reserve price.
Miss Fu’s upper limit is hard to figure out, but they are not!
Therefore, the reclamation rights of the Sha Tin land were obtained by Fu Ziyan.
The land in Sha Tin was the last item in the auction, and the room was filled with applause after the hammer fell.
Fu Ziyan stood up gracefully, smiled, and thanked the other bidders for their humility and congratulations.
"Ms. Fu is so courageous!"
Someone sighed, "Mr. Fu is also very generous. He gave Ms. Fu 300 million Hong Kong dollars to practice."
He thought that this money was given by Fu Qiyuan to his daughter for practice. Then he looked at his son who was not very talented, and couldn't help but shake his head and sigh. How could there be such a big gap between people of the same generation?
The "son" understood what his father meant and responded with the same look - they were of the same generation (and Fu Qiyuan), so why was there such a big gap between them?
...
Some people simply skipped the sigh and sought cooperation, "I wonder what Ms. Fu wants to do with this piece of land. We can work together if there is a chance."
Fu Ziyan recognized that this man not only owned a real estate company, but also a prestigious building materials company. That company was the first in Hong Kong to obtain a stone quarrying license. She smiled and said, "Mr. Hua is right. If the opportunity arises, I look forward to working with you."
"Hahaha, our Jiajian Company is always waiting for Ms. Fu's cooperation intention."
In the same scene, some people were envious, some expressed their intention to cooperate, and some... fell in love at first sight.
"Mr. Ji, Mr. Ji?"
The secretary called him in his ear, and Ji Shihe came back to his senses suddenly, "What's wrong?"
The scene of Miss Fu gracefully holding up the sign and standing up to decline still appeared in his mind.
It was clearly just a business smile, but he felt that the room was filled with light at that moment, and he suddenly remembered the words his mother taught him to recite when he was young: "The moon is bright, and the beautiful people are shining."
The secretary felt that something was amiss with the boss, but didn't dare to say anything. She simply said respectfully, "The auction is over. What are your next plans?"
Ji Shihe gathered his thoughts and glanced over calmly. After dealing with several company CEOs who came to chat with him with a few words, he left the venue directly under the protection of his bodyguards. Fu Ziyan said calmly, "As planned, we will return to the company for the meeting."
No matter how stunning he was, his total net worth was only 15 million. He might be considered wealthy in Hong Kong, but compared to the Fu family, there was a huge gap. If he wanted to strike up a conversation with Miss Fu, he would have to work harder. He would have to have at least 100 million. Miss Fu had spent 300 million to bid at this auction.
Ji Shihe's secretary had no idea his boss was being self-deprecating. In his mind, he was a man of foresight and composure, a man who had risen from nothing to his current wealth in just three years—a true god. Everyone in the world praised him, calling him a young talent and a rising star in Hong Kong. Numerous women were attracted to him, but his heart was solely focused on work.
The secretary didn't know that his boss, who was a workaholic and destined to be alone, fell in love at first sight with Fu Ziyan, the jewel in the crown of Hong Kong's pyramid.
If he knew...if he knew, he would probably just advise the boss to let go of his secret crush and focus on work.
That’s Mr. Fu’s daughter!
No matter how powerful the boss is, or how upstart he is, he cannot stand up to the old and aristocratic family, the Fu family. If she was just an ordinary daughter of the Fu family, it would be fine, but Miss Fu is the only daughter of Mr. Fu. Who in Hong Kong doesn't know that Miss Fu is the only heir of Mr. Fu?
Their company was a fledgling company, and although the business was doing well, if they offended Mr. Fu, bankruptcy would be just a matter of seconds.
-
(Some of the words I have to say have a word count requirement, so some of them have been moved here, please forgive me)
1 square foot = 0.111 square meters.
1 square kilometer = 1 million square meters
30 million square feet = 333 million square meters
Titti's theme park is planned to cover an area of 1.25 square kilometers (Orlando Disney covers an area of 124, which is about one percent of the total area).
To date, more than 425 million square meters of land has been reclaimed in Sha Tin, Hong Kong. This article has modified the actual settings, so please just treat it as a fictional setting.
si-mexico