Announced by the Hong 188bet best bookmaker Lands Department on March 15，A residential site in Kai Tak with an area of ​​74.HK0 million granted to Wan Wei Development Co., Ltd. (hereinafter referred to as Wan Wei)，The company’s parent company is Twinpeak Assets Limited，The lease period is 50 years，This company is the highest bidder，The parent company behind it is actually HNA 188bet best bookmaker。

Hong 188bet best bookmaker International Construction Investment Management Group (0687, a Hong 188bet best bookmaker listed company controlled by HNA.HK) issued an announcement on the evening of March 15th，Wanwei, a wholly-owned subsidiary of the company, received a letter of acceptance from the Lands Department of the Lands Department of the Hong 188bet best bookmaker Government，Notify Wan Wei that the price of the land is about 74.The bid of HK0 million was successfully accepted by the Hong 188bet best bookmaker government。Wan Wei has paid a non-refundable deposit of HK million。

This means,Hainan Airlines has deployed four residential sites in Hong 188bet best bookmaker in just a few months，More than HK billion spent in total。

According to the Hong 188bet best bookmaker Lands Department，This land is located in Kai Tak, Kowloon，New Kowloon Inland Site No. 6563, Site No. 2, Area 1L，Area of ​​approximately 9482 square meters，Designated for private residential use。The lowest and highest floor areas are 3 respectively.070,000 square meters and 5.120,000 square meters。

The Hong 188bet best bookmaker government received a total of 15 bids this time，Hong 188bet best bookmaker bidding companies include Cheung 188bet best bookmaker Properties (1113.HK）、Sun Hung Kai Properties (0016.HK）、Henderson Properties (0012.HK）、Wheelock (0020.HK）、K. Wah International (0173.HK）Waiting for bids。

Nearly half of the Chinese consortiums participate。The bidding consortium includes China Resources Land (1109.HK) and Vanke Real Estate (Hong 188bet best bookmaker)，China Overseas (0688.HK) and Sino Land (0083.HK) and Java Holdings (0251.HK) Cooperation bid；Another China Merchants Land (0978.HK) and New World Development (0017.HK) Cooperation bid。Longguang Real Estate (3380 which previously set a new land price record.HK) also entered the bid。

Hainan Airlines has been operating since the end of last year，Actively acquire land in Hong 188bet best bookmaker，The last land acquisition was on January 25th，Hong 188bet best bookmaker International Construction Investment Management Group with 55.Successfully acquired a new Kowloon Inland Lot Site No. 6564 located at Site 1, District 1L, Kai Tak, Kowloon, Hong 188bet best bookmaker for HK0 million。

Previously，On November 23, 2016，Lifestyle International Group Co., Ltd., a subsidiary of HNA Industrial, is 73.Won the bid of 188bet best bookmaker.8 billion for the New Kowloon Inland Lot Site No. 6565 at Site 3, Kai Tak Area 1K。December 19, 2016，Deguang Real Estate, a subsidiary of HNA Industrial, is 54.Total price of 188bet best bookmaker.2 billion，Won the bid for the New Kowloon Inland Lot No. 6562 at Site 3, Area 1L, Kai Tak, Kowloon。These three land acquisitions are all residential land，Total cost exceeds 188bet best bookmaker billion。

According to Hong 188bet best bookmaker Lands Department information，From May 2016 to March 15, 2017，The total land area approved by the government is 32.350,000 square meters，The total land price is HK9.5 billion。Among them，Including Minmetals Real Estate、Road King Infrastructure、HNA Group、Chinese-funded enterprises and subsidiaries of Logan Real Estate and KWG Pacific acquired a total of seven land parcels，Total area 8.80,000 square meters，The total amount is 490.HKD 700 million，Accounting for 45% of the transaction value of all land grants。

Road King Infrastructure Executive Director Shan Weibiao said earlier，Chinese investment will become the norm，Mainland developers out of tax and strategic considerations，Bidding Aggressive，Hong 188bet best bookmaker local developers must adapt。He continued to point out，The group has focused on investing in Hong 188bet best bookmaker since 2016，This is due to the low profits of mainland real estate developers。“The biggest difference between the Mainland and Hong 188bet best bookmaker is the tax system，Even if the gross profit is 40%，But the net profit may only be 10%。”

Mainland regulations，Except general corporate income tax，Real estate developers also need to pay up to 60% of land value-added tax，In Hong 188bet best bookmaker, all profits tax is paid16.5%。Some local developers in Hong 188bet best bookmaker described the Chinese consortium’s bid as “sky-high”，Shan Weibiao said，Mainland developers invest in land at mainland interest rates，As ​​long as the profit reaches 10%，The local developers in Hong 188bet best bookmaker hope to have a profit of 20%、30%。

“Hong 188bet best bookmaker developers are very different from mainland developers，Mainland developers are all first-generation entrepreneurs，Hong 188bet best bookmaker is second to many、Three generations，First generation entrepreneurs are more willing to take risks，The second generation tends to start a business，Therefore, the first generation’s adventurous spirit and appetite for borrowing are better than those of the second generation。I am worried that Hong 188bet best bookmaker developers will follow the footsteps of British developers，" Shi Yongqing said in an exclusive interview with a Caixin reporter。He is worried about the risks and lack of appetite of local developers in Hong 188bet best bookmaker，May follow in the footsteps of British developers，In the future, rent collection will be the main focus。

*This article is reproduced from Caixin.com and authored by Jiang Bowen.