LATEST UPDATES

Rebirth capital madman - Chapter 436

Published at 17th of March 2022 07:25:12 PM


Chapter 436

If audio player doesn't work, press Stop then Play button again




Shen Bi, the senior class of Huifeng bank, has a very accurate grasp of the general trend. At this stage, Xiangjiang real estate industry is indeed very active. From the perspective of cycle, in the rising curve of the new cycle, Xiangjiang real estate industry is higher and stronger than Xiangjiang stock market.

This is mainly due to the fact that Xiangjiang's economic structure belongs to the light type. It is less difficult to get rid of the world oil crisis and the global economic recession than large economies such as the United States. It is just the so-called small ship makes a good turn.

The data show that the growth rate of chicken fart in Xiangjiang has returned to double digits, indicating that Xiangjiang's economy has broken through the difficulties of 1974 and 1975 and entered the fast lane again.

At present, Xiangjiang real estate industry is keen on two types of projects. One is high-grade commercial buildings, such as the royal building built by happy group in Causeway Bay, and Li Bancheng recently won the land commercial development projects of Metro central station and Admiralty; The other is large-scale private housing estates, such as Anfu garden built by happy group in Pok Fu Lam ranch, the former milk company, and Swire city of Swire Group.

In order to play with such projects, the money bag must be sufficiently inflated, and the companies that survived the frenzy of Xiangjiang stock market in the early 1970s have become upstarts in Xiangjiang real estate industry, including Gaoxian happy industry, Li Bancheng Dajiang industry, Guo Desheng's xinhongji real estate, Hu Yingxiang's hehe industry, Chen Zengxi's Henglong group Chen detai's Dachang real estate, Zheng Yutong's new world development, Henderson Zhaoye, Chinachem, Nanfeng, Xinhe, Yingjun, etc.

Compared with the conservative style of Xiangjiang's old real estate leaders, such as British representative land company and Chinese representative Yishi group, these upstarts in the real estate industry dare to fight and rush, which incisively and vividly explains what is called wealth insurance.

In addition, these upstarts in the real estate industry are also good at vertical and horizontal cooperation, and work together to make a fortune in land acquisition, construction and development.

Gao Xian is not "arrogant" in this regard. After explaining the affairs of the American ocean Miran bank with Shen Bi, he went to visit Chen Tinghua, the boss of Nanfeng industry.

Speaking of it, Chen Tinghua is an old friend of Gao Xian. Gao Xian was at the end of the decade. When he was still on duty at the Far East Exchange, Nanfeng industry, which helped Chen Tinghua, was successfully listed on the Far East Exchange, which can be described as harmonious cooperation.

After seeing Chen Tinghua, Gao Xian joked, "Chen Sheng, it's not easy to see you."

"You have to blame yourself for being too busy," Chen Tinghua said with a smile. "If it weren't for business, sir Gao wouldn't remember me as an old man."

They exchanged greetings happily, which shows that the original friendship has been renewed for a long time.

It's not surprising that Gao Xian's achievements not only rank first among his peers, but also many predecessors should be willing to bow to the disadvantage. It's absolutely worth blowing for a lifetime to be able to see the Pearl before it rises. Even if Chen Tinghua's character is a little lonely, it can't be free from vulgarity.

Now a saying circulating in the circle vividly illustrates this psychology, that is, the Yi family really found treasure when they chose Gao Xian as their son-in-law, and those who have school-age daughters like Chen Tinghua but miss the opportunity of marriage can only sigh a pity.

After greeting and getting to the point, Chen Tinghua asked bluntly, "Sir Gao is not here to tell me that Xiangjiang's title of 'cotton yarn King' is going to be lost?"

Gao Xian replied seriously, "Chen Sheng has a keen eye. Without being reminded by outsiders, he has seen that under the pressure of the trade barriers of the so-called common market, it is difficult to change the fate of the decline of Xiangjiang textile industry."

"However, Chen Sheng has a good business. He has purchased a lot of plant land and B-type official letter land exchange certificates. He has a good land reserve. He doesn't worry about business transformation to catch up with the booming market of Xiangjiang real estate industry."

Chen Tinghua sighed, "I just saw this and tried to buy a piece of land located on King's road in Taikoo Valley, Quarry Bay, Hong Kong Island from Taikoo group last year. I'm going to divide it into four phases to build Nanfeng new estate. I don't know whether it's new or because the site location is not good. The pre-sale situation is not satisfactory."

Gao Xian then said, "I just want to talk to Chen Sheng about this problem. The poor pre-sale situation of Nanfeng new estate should have a lot to do with the imperfect house purchase mortgage service."

Chen Tinghua said somewhat depressed: "I thought Nanfeng new estate was full of small and medium-sized units ranging from 400 feet to 600 feet. The price per foot was only $200. Where to buy a set, you can get a bank mortgage."

Gao Xian smiled. "It's popular to spend money in the future to realize the current dream. The competition in Xiangjiang real estate industry is so fierce that your real estate can't do it. Other real estate can do it."

Chen Tinghua nodded, "are you here to provide me with mortgage service?"

"More than that, I have more business topics to discuss with Chen Sheng." Gao Xian began to rush to the purpose of this trip, "Nanfeng has a lot of land, so I don't intend to take advantage of the booming market at this stage to carry out comprehensive development?"

Chen Tinghua said, "I have this idea, but the construction funds can't be solved entirely by bank loans and selling real estate flowers."

"I wonder if Chen Sheng has noticed that there is a mutual pull between Xiangjiang real estate industry and Xiangjiang stock market?" Gao Xiansi cableway: "When the real estate market is booming and the share prices of real estate companies rise, which will drive the overall stock market to improve, the listed real estate companies take the opportunity to raise funds for development and growth by issuing new shares, warrants and other methods, and further push up the stock market."

"These things you said are too new. I, an old-fashioned businessman, can't understand the mystery in it for a while." Chen Tinghua shook his head. "However, I can understand what you mean. Can Nanfeng issue new shares to raise funds and develop real estate?"

Gao Xian shrugged. "Now many real estate companies play like this."

Chen Tinghua didn't make a statement immediately. As an old-fashioned businessman, he has his own concerns, such as the dispersion of equity and the loss of the industry accumulated over the past few decades?

Gao Xian observed Chen Tinghua's look and could roughly guess what the old friend was worried about.

Therefore, he slowly continued: "in my opinion, now the real estate industry and stock market in Xiangjiang are in the rising stage of the new cycle, and the role of stock land pulling will only become more and more obvious. As long as this momentum remains unchanged, many problems can be covered up. But if you miss this rising momentum, those problems will eventually be thorny problems."

Chen Tinghua, who deeply felt the great pressure of the decline of Xiangjiang textile industry, finally said, "well, I believe in Sir Gao, please Gao Yi and make a good plan for Nanfeng."




Please report us if you find any errors so we can fix it asap!


COMMENTS