Chapter 587: Targeting the Unlucky One Again

'Six hundred million!'

Xia Yu blandly uttered two words, the entire room fell silent, and Norman Schiahuai's original triumphant smile froze on his face.

'Reversal ah, at the critical moment the God of Stocks actually made another move!'

'I thought that the King of Earth was going to be taken away by the British consortium again, but I didn't expect that ah, sure enough, the God of Stocks is the nemesis of the British consortium.'

'There is a good show to see, beyond the land value of one hundred million, a direct increase of thirty million, determination is very firm ah, I do not know Norman Schiahuai still dare to follow?'

...

After a few moments of silence, the arena became noisy, with many Chinese bigwigs looking at Xia Yu with complex expressions of shock, vigilance, admiration, and so on and so forth.

But no matter what, it was definitely not as complicated as Norman Schiahuai's mood.

Norman Schiahuai had already begun to be happy, but he didn't expect Xia Yu's flippant remark to directly knock him down into the abyss.

Norman Schiahuai's face flushed red as his blood rushed up in anger, but as he was able to become the helmsman of the Swire Consortium, his city and self-control weren't bad, so he forced his emotions down.

Xia Yu's bid of $600 million had exceeded his expectations, and he had already made a decision to bid a maximum of $520 million for the land before he arrived.

He had decided to bid a maximum of 520 million for the land before he came here, but he knew that he had only snatched up one of the lots in front of him, so he had prepared a surplus of funds, and considering that the price of land in Hong Kong would rise after the auction, he had adjusted the expected price of the 15th lot, bidding it at 570 million.

But that price had already reached its peak, and now that Xia Yu had directly increased the price by 30 million to 600 million, he wouldn't have followed suit according to his reasoning.

It's just that the embarrassment of being punched in the face is making him very unhappy!

Should he raise the price in a malicious manner to screw Xia Yu over?

A thought came to Norman Schiavone's mind, and he glanced at Xia Yu.

Unexpectedly, his eyes collided with Xia Yu's, and he saw Xia Yu give him a friendly smile.

This bizarre attitude made Norman Schiahuai frown slightly, wondering what Xia Yu meant.

'Six hundred million for the first time!'

Right at this moment, time was up, and seeing that Norman Schiahuai had yet to follow the bid, the auctioneer was forced to offer a reminder despite his regrets.

Other people watching the show stayed out of it, looking at Norman Schiavone with interest, wanting to know what choice he made.

'Mr Xia, 600 million to get a piece of land, do not think the price is too big?'

Norman Schiahuai suddenly spoke out to test the waters.

He wanted to find out if Xia Yu really wanted the land, or if he was trying to cheat him. Given his treacherous nature, he couldn't rule out the possibility that he was trying to cheat him.

Swire Properties, a subsidiary of the Swire Consortium, was already listed on the stock market, so if he had taken a piece of land for the wrong reasons, his share price would definitely be affected by the publicity.

Last year, Xia Yu had dared to magnify some of Jardine Matheson's mistakes and loopholes to affect the share price, he would definitely not be afraid of his Swire Properties.

'Mr Shi Ya Huai, I've just raised a sum of money and I need to find a place to settle down, so now I have the opportunity, so I might as well take a piece of land, so that I don't have to invest in a company that's not well placed in the financial market.'

Xia Yu explained with a light smile and a very friendly attitude.

But to Norman Schiavone's ears, it sounded harsh. He was clearly saying that he had no place to spend his money, and that he was using it for finance instead of real estate, which was a very strong reminder.

Not a few other big shots heard the potential meaning of these words, couldn't help but reveal a smile of Nu Yu Di.

What's more, some people quietly lamented: 'There is this bottom line to threaten the Swire Consortium, the whole of Hong Kong is also the God of the stock Xia Yu, awesome.'

'Six hundred million ... for the second time! Anyone else want to bid?'

The auctioneer's words appeared at the right time, reminding the time is only the last ten seconds.

The atmosphere of the scene instantly froze, everyone was waiting for the final result.

Norman Schiahuai struggled fiercely in his heart, and finally chose to focus on stability, there was no need to clash with Xia Yu over a piece of land that exceeded the price, and if he was targeted by a financial bandit like Xia Yu, with the many listed companies under the Swire Consortium, it would be even more costly for him to get into trouble at that time.

After thinking it through, Norman Schiahuai smiled faintly at Xia Yu and said, 'Mr Xia, since you intend to make a big splash in the property industry, I'll do you a favour.'

He said it in a very honourable way, putting his own embarrassment behind him, as if it was because of his own face-selling that Xia Yu was able to get the land.

Xia Yu laughed coldly in his heart, but kept a smile on his face as he thanked Norman Schiahuai, 'Thank you, Mr Schiahuai, then.'

Seeing Norman Schiahuai's last-minute defeat, many of the bigwigs who watched the event sighed in disbelief.

There was no lack of people who had refreshed their opinion of Xia Yu here, surprisingly forcing Norman Schiahuai of the Swire Consortium to back down again, and enduring all the anger he had, it was evident that even though almost half a year had passed since the Jardine Matheson Consortium incident, the stock god's ferocious reputation and prowess had not diminished, but rather increased.

'Six hundred million for the third time!'

'Congratulations to Mr Xia for taking Lot 15!'

'Pah-pah-pah-pah-pah-pah-pah-pah-pah-pah-pah-pah-pah-pah-pah-pah-pah ...'

Fierce applause rang out from the venue's counterparts, not only did it have the implication of celebrating Xia Yu's winning of the land king, but it also had the flavour of celebrating the chipping of the British-funded consortium's prowess.

Afterwards, everyone began to leave the venue, while those who had won the land went to sign the bids and contracts.

...

The next day, the news of the land auction held by the Hong Kong government spread throughout the whole of Hong Kong.

Fifteen lots were sold at a total winning price of HK$3.25 billion, a record high for an auction in the past years!

The media claimed that this was a victory for Chinese investors, as thirteen of the fifteen lots were won by Chinese property tycoons.

Among them, Xia Yu and Bao Yugang made a big splash, especially Xia Yu's Nine Cauldrons Property Development Company, which took four of the lots, with a total winning bid of HK$1.35 billion, accounting for 41.5% of the total winning bid, making it almost a one-man show.

In particular, Xia Yu's competition with Norman Schiahuai of the Swire Consortium, who won the land title with a high price of $600 million, was a source of great excitement for the public.

The fame of Jiuding Properties resounded throughout the whole of Hong Kong, and along with it, the properties developed by Jiuding Properties were sought after, with far-reaching effects.

Before the heat of this property auction died down, another news from the Xiangjiang Stock Exchange shook the whole of Xiangjiang.

Nine Cauldrons Real Estate Group, which holds 73.5% of the equity of Hong Kong Electric Company, travelling on the right of the absolute controlling shareholder, directly submitted an application for delisting to the Hong Kong Stock Exchange, and recovered its shares at a premium of 20%, at a price of 8.65 Hong Kong Dollars per share.

The market value of Xiangjiang Electric Lighting Company is nearly two billion Hong Kong dollars, and it is the twelfth in the market value ranking of the existence of the Xiangjiang Stock Exchange. The delisting of a company with such a large volume will have a very serious impact on the Xiangjiang Stock Exchange.

But there is no way, JD Property Group holds an absolute stake in the company, and the Hong Kong Stock Exchange can't stop it at all.

Plus, the person behind the move was Xia Yu, the God of the Stock Exchange, so the HKSE had to consider carefully if it wanted to block the move, lest it failed to do so and annoyed Xia Yu, which would lead to even greater losses in the future.

Therefore, despite its reluctance, the HKSE had to hold its nose and approve the delisting application of the company, while at the same time locking up the share price of Hongkong Electric at the first opportunity.

Hong Kong was once again shaken, and many investors who held shares in Hongkong Electric were forced to queue up at the Jiuding Securities Company commissioned by Jiuding Real Estate Group to trade their shares despite their unwillingness to do so.

The momentum of the Jiuding Property Group was instantaneous!

Xia Yu didn't care about the clamour of public opinion and the reactions of the British and Chinese bigwigs.

At this moment, he quietly met up with Pao Yugang and Huo Yingdong again, as he had discovered another interesting situation and sensed a wonderful opportunity!

The target was none other than the Landmark Group.