Chapter 838: Housing market crash

Forefoot Li Dong and Wang Yue finished talking, and the back foot phone rang again.
After glancing at the phone number, Li Dong laughed and said, "Sister Wu, we are so stunned. I just thought of you and your phone came over."
Wu Yajun is a person with a big personality and a hearty personality.
In addition, he is twice as old as Li Dong. He usually likes to make a few jokes with Wu Yajun.
This kind of joke doesn't involve men and women, but makes people more relaxed.
Wu Yajun on the phone yelled, "Go to you! Guanghui said, I invite you to come to see Shancheng. How long have you been watching, I haven't watched you come and see my sister."
"If I didn't call you, did you take the initiative to call me? Your kid is rich now, the top ten richest people in the country, gimmick, terrific, my sister can't climb."
Li Dongqian smiled and said: "Sister Wu is hitting me in the face, yes, I admit it wrong.
Besides, Sister Wu is no longer on the list this year, 8 billion net worth.
I know that there are more than one sister Wu's family, unlike me, I can't hide anything. "
The opposite Wu Yajun couldn't help laughing, but he didn't deny it.
Those who do business, especially those who do business in China, generally do not like Luffy unless necessary.
Wu Yajun's net worth is definitely not so much on the surface. After all, Longhu is not listed and it is difficult to count.
According to Li Dong's estimate, Wu Yajun's net worth is almost 10 billion yuan.
They are all rich people, and rich people don't really like talking about money.
After a simple joke, Wu Yajun returned to the topic and said: "You didn't go to the college course section in September. This month was the last time, and you didn't go either.
But for the graduation ceremony, you better go.
All graduated, everyone gathered together.
And after graduation this time, the members of the last term, as well as the Central European side will also come.
They are all seniors in the industry. Knowing each other will help you in the future. "
Wu Yajun is the squad leader of the CEO class of Cheung Kong Graduate School of Business, and she is also very concerned about these things.
At the graduation ceremony, it doesn't matter if others don't go, and Li Dong doesn't go, then it will be a great loss.
One of the top ten newest wealthy people in China, and the youngest one, with a famous reputation, there is Li Dong, and everyone has a face.
As soon as he heard this, Li Dong said, "Go, definitely go."
This time it is not just the classmates, but also the previous CEOs.
There were quite a lot of people in the last session, Ali's old horse, Mengniu's old cow, Fosun's old Guo ...
Especially for Guo Guangchang, Fosun went public in July and became famous, and Lao Guo's personal net worth also reached 36 billion.
When Hurun Rankings, Li Dong and he tied for tenth.
Counting them, the two are too close to each other. It's no harm to know more friends.
Seeing that Li Dong agreed, Wu Yajun was also in a good mood and advised: "After the graduation ceremony has chosen Christmas, it is temporarily scheduled for December 28. If there is no change, this is the time.
If there are changes, I will notify you later. "
"Sister Wu is in trouble."
"You're welcome to me, by the way, you really do not come to see me?"
Li Dong smiled bitterly: "I haven't been able to walk away recently, and things are not enough. If Sister Wu wants to see me and come to Jiangbei, the younger brother promises to make you feel welcome."
"This is what you said, I really want to see it when I have time."
Wu Yajun laughed, and the two chatted for a while. They agreed to the graduation ceremony and then hung up.
...
On December 14th, Xu Shengzhe's 5 billion arrived.
Li Dong also prepared the money in advance, but the funds exceeded 10 billion, which was too eye-catching.
Li Dong found someone to deal with it, splitting 10 billion funds into hundreds of different accounts, hundreds of millions more, and millions less.
In this way, the attention is much smaller.
Li Dong continued to look for Tang Kuan, who had worked together last time, and had a good reputation.
Until now, Li Dong has not heard any rumors. Last time, he made more than 2 billion yuan in the stock market. Many people still don't know where Li Dong's money came from.
But apart from Tang Kuan, Xu Shengzhe also found another institution.
According to his words, diversified investment is more stable, and the degree of concern is also low.
In fact, Li Dong knew that he was not at ease. After all, with so much money here, although he wanted to make a fortune with Li Dong, he would not give it to Li Dong completely.
Otherwise, he would lose money, he didn't know who to complain to.
Tang Kuan's studio and Xu Shengzhe's studio did not know each other before, nor did they know of each other's existence.
Li Dong didn't mention these. In fact, besides the two of them, Li Dong asked Shen Qian to find two others.
There are still too many 5 billion operating funds in one company. They are divided into four companies and more than 2 billion yuan per family. In this way, although there is still a little more, it is acceptable.
According to the old rules, these people were monitored by Li Dong and Xu Shengzhe respectively.
Cao Feng and Wang Jie also put down their affairs one after another, and they went into the studio with their own eyes.
The broader market continues to fall, and the major market index on the Shanghai Stock Exchange has almost fallen below 5000 points. At this time, Li Dong chose to short the stock market, and others did not have much surprise.
In fact, this is far more than Li Dong's. Many people in the financial industry are doing it.
And they are not as conservative as Li Dong, and they drove full horsepower into the futures market.
In the futures market, because of leverage, hundreds of millions of funds can mobilize tens of billions of capital changes. Compared with the degree of attention, Li Dong and their people hardly care.
In the tens of trillions of stock markets, one day it is not thousands of trillions of funds coming in and out. At this time, more than tens of billions of funds are coming in, and they are not coming together. There are not many people who care.
...
On December 20, the central bank raised interest rates for the sixth time!
In 2007, the interest rate was raised six times a year. At this time, all major groups felt an unusual breath as long as they were not fools.
In addition, all major groups have also paid attention to the subprime mortgage crisis abroad, knowing that the subprime mortgage crisis has affected Asian financial markets, and they have been panicked for a while.
A few days ago, the five major central banks of the United States, Canada, Europe, the United Kingdom, and Switzerland announced a joint bailout, which further deepened the fear of everyone.
The domestic real estate market has once again experienced turbulence, and the real estate market that has stopped rising has gradually shown a downward trend.
Fear will spread, even though the financial crisis has not yet entered the country.
Some large real estate developers are still able to stabilize, while some small real estate developers are unable to stabilize.
If the bank loan cannot be borrowed, even if the loan is borrowed, the money is not much, but the interest is much higher.
At this time, no one is worried about the real estate bubble. Once the housing market really collapses, then everyone should jump off the building.
Since entering December, real estate developers have successively started selling and cashing out.
At the beginning, it was still some small real estate developers. In late December, even some medium-sized real estate developers began to sell off.
Seeing this, the big real estate group can only scold mother in her heart.
They can't move for a while, and the trouble will be big at once.
But small and medium-sized real estate developers are selling, and the already unstable housing market will soon be hit hard, and they will be implicated by then.
If everyone can stabilize, after all, the financial crisis has not had much impact. At this time, as long as it stabilizes, the housing market will not crash.
However, with so many people, no one can control the entire property market.
There is not much capital for small and medium real estate developers, and they dare not gamble to stabilize.
If it can't be stabilized, wouldn't it be self-defeating.
It is not the first- and second-tier cities that can not be stabilized first, but the real estate developers in the third and fourth-tier cities are more afraid.
First-tier and second-tier cities, no matter how they crash, there is still an audience.
But the third and fourth lines are not there, and it is really going to crash. It really has to go to the roof.
Pingchuan has also been greatly affected. Before Longhua did not move, many small and medium-sized real estate developers began to sell land and real estate.
In the middle of the year, the land price in Pingchuan was as high as 10 million yuan or more, and more than 1 million yuan was only common.
However, by the end of December, the land sold on the market generally fell by about 10%.
Do n’t underestimate the 10%. A piece of land was originally worth billions, and it fell by several hundred million at once. So much money is enough for countless people to jump off the building.
Real estate companies are originally engaged in the purchase and sale of land to cultivate land, their principal may be these hundreds of millions, or even less.
It lost money once, and even owed foreign debt, and few could really resist it.
...
December 22nd.
Wu Shengnan killed the provincial party committee compound.
As soon as he entered the door, Wu Shengnan said with a heavy face: "Mr. Li, there is another batch of land on the market, and the price is still falling."
Li Dong laughed: "Isn't this something that was expected?"
"No, some of the land hung out this time is even on both sides of the subway line."
Li Dong frowned, so fast?
Most of the land sold on the market before was mostly suburban, or some areas were not very good.
Some people even sell the land near the subway line, which is obviously aggravated by fear.
The impact of the housing market is more serious than I thought, and it came faster.
But Li Dong also hopes to make it faster so that he can make money soon.
After Wu Shengnan finished his speech, Li Dong said: "You continue to pay attention, as long as the price of land falls by more than 15%, we will enter the market immediately."
"it is good!"
Although Wu Shengnan was a bit worried, she was not a step by step person.
Wu Shengnan understands whether Dongyu can rise, it depends on this time.
This time it may be a crisis, but it may also be an opportunity.
According to her own judgment, the impact of the sub-prime mortgage crisis on the country should not be too serious. Even if the impact is somewhat large, the government is not vegetarian ~ EbookFREE.me ~ will definitely return to the right track within three to five years.
Take 5 billion Bo once, and it should be no problem to return the capital after three or five years.
But if they win, or the impact time is shorter, then they will make a lot of money.
After talking, Li Dong asked, "How is Longhua there?"
"There is no movement for the time being, and most of Longhua's investment is in Xincheng. The Xincheng has not yet been put into use, and the investment there has little impact. However, before they took over a lot of our land, it depends on whether they can stand it. .
If Longhua begins to withdraw, Pingchuan's real estate market may collapse completely. "
Li Dong nodded, then shook his head again: "The government will not let Longhua crash, you should wait and see. Once Longhua is not stable, Jiangbei will save the market."
"I think so too, but no matter what, Longhua is now unable to intervene in other sites."
"That's not necessarily possible. Xu Shengzhe, the kid, had more ideas, and he might take a risk and be prepared to do a great job."
Li Dong laughed, this is not impossible.
Xu Shengzhe dared to invest 5 billion even on his own side. Obviously Li Dong believed it completely.
If so, why did he dare not blog again?
However, Bo Guibo, he does not have much capital in hand, if he blindly expects the government to rescue, it is not far from death.
Even if Longhua makes a shot, it will be a minor incident, and the impact will not be too great.
After a brief discussion with Wu Shengnan, Wu Shengnan quickly left in a hurry.
And Li Dong, also packed up his luggage.
Christmas is almost here, and the graduation ceremony over there at the business school promised to go by. Hurry up before Christmas and pass the festival with Qin Yuhan.
After Christmas, after attending the business ceremony, I have to go back to Jiangbei to participate in the group's New Year's Day celebration.