Chapter 1540: Real estate sales

"Sister Royal" burst at the box office for two consecutive weeks. Hui Yinghong, as the heroine, naturally has unlimited scenery.
She also took time to invite Yin Jun to eat a meal.
After struggling for a while, the teenager went to the appointment.
The subsequent development was naturally as he had thought before. Sister Red once again became a female knight, and the sturdy one was better with Yin Jun.
If Yin Jun was not practicing martial arts every day, she could be squeezed out by Sister Red.
Sometimes Yin Jun wonders whether he has become a tool for Red Sister to relieve stress and soothe emotions.
But men are all greedy animals. Sister Red is young and young, she is beautiful and can also unlock various poses. Of course, the teenager also likes it.
Otherwise, he won't happily go to the appointment.
In this life, Red Sister's development is so smooth, and with Yin Jun behind her, she will naturally not go crazy to shoot the photo album of Half Fruit in France.
In fact, the red sister, who is in a double harvest of career and love (!?), Is very radiant, and the charm has rushed out of the Xiangjiang River and radiated to all Asia.
Japan. Shiseido over here has sent out an invitation to sign up for Sister Red ’s cosmetic endorsement at a price of $ 2 million a year.
This price is the highest among all Hong Kong female stars.
Among the global Chinese female stars, she is second only to Deng Lijun.
Tianhou ’s sister was evil and could not be compared at all. With the great success of the Grammy and the sales of the album breaking through the sky, those who were under $ 10 million a year would not dare to hand it to Guan Weihua.
It seems that it is now mid-December, and the time is coming to 1984, but the economy of Xiangjiang still shows no signs of picking up.
The return of the Hong Kong dollar exchange rate to normal is nothing but the previous chaos.
Xiangjiang ’s financial order is still relatively chaotic. People still do n’t trust those small and medium-sized banks, and the collapse of financial companies also appears from time to time.
Not to mention the land market and the real estate market, which is even worse than the financial industry.
However, among them, there is also a relatively large real estate company, which has recently become quite popular.
It is Li Zhaoji's Hengji Zhaoye.
This real estate company with a 25% stake in Yin Jun fell below its net market value last year.
But since then, because of Yin Jun's capital investment and Li Zhaoji's own operation, it has recovered a lot of vitality unconsciously.
Especially in the first two days, when Henderson Zhaoye announced that it had successfully acquired the HK $ 1 billion worth of land exchange rights book, it caused a sensation.
When Yin Jun bought 25% of Henderson Land ’s shares last year, Henderson Land ’s share price had fallen below 1.8 billion Hong Kong dollars, almost lower than when they were listed.
After being encouraged by Yin Jun's shareholding, Hengji Zhaoye's stock price rose all the way, but it never exceeded HK $ 3 billion.
Suddenly they said that they spent 1 billion Hong Kong dollars to buy the second-class land exchange rights book. What is going on? Do they have so much money?
Looking at the prices on the stock market, Hengji Zhaoye only adds up to 2.5 billion in market value, and the funds in hand will not exceed 500 million!
As a result, the "Kylin Daily" revealed the whole story.
Hengji Zhaoye's acquisition of the second-class land exchange equity book did not pay out of the company's daily operating funds, but used equity as collateral to borrow 1 billion Hong Kong dollars from the Busan Bank in South Korea.
But the problem came again.
The overall market value of Henderson Zhaoye is only 2.5 billion Hong Kong dollars. If you want to borrow 1 billion Hong Kong dollars, according to the low valuation of banks and the loan can only be 70%, is it not necessary to take out at least 50% of the shares?
Li Zhaoji has only 45% of the shares!
But "Kylin Daily" was really well-informed, and they immediately turned the record again. Busan Bank did receive 50% of Henderson's Zhaoye shares, but this contained Yin Jun's 25%, and Li Zhaoji only took out 25%. Half of the two largest shareholders.
And in the loan contract of Busan Bank, the guarantor was still Yin Jun.
So people immediately understood that this loan was led by Yin Jun.
If it were not Yin Jun, even Hengji Zhaoye would take out 50% of its shares, and it would not necessarily be able to borrow money.
Since it is the acquisition that Yin Jun is optimistic about, the second-class land exchange equity book seems to be a bit of a mess!
However, however ...
What makes everyone unexpected is still behind.
Following the "Kirin Daily", the "Lee Daily" revealed another piece of news.
That's why Henderson Zhaoye actually not only acquired the 1 billion Hong Kong dollar B-type land exchange rights book, Li Zhaoji received nearly 4 billion Hong Kong dollar B-type land exchange rights book.
The remaining two billion yuan of land exchange rights and interests book, he was acquired for the Kirin Group.
As soon as the news came out, Li Zhaoji was blocked.
The reporters were reluctant to spare, and insisted that he honestly explain whether they had jointly voted with Yin Jun.
Li Zhaoji is not the second richest man in Xiangjiang in the future, and the Fourth Uncle is not the Fourth Uncle. Therefore, after the reporters' pursuit, Li Zhaoji finally "cannot resist" the opening.
"Yes, I also helped Jun Shao acquire some of the second-class land exchange rights book."
"This matter was decided by us together, not only Jun Shao felt that Xiangjiang had a future, I thought so too."
"The amount of money invested is too much? No, no, you see Jun Shao dare to invest 2.6 billion Hong Kong dollars, why can't I follow? After all, the people who follow Jun Shao haven't lost money yet!"
"I think the population of Xiangjiang is still quite large. The housing prices on Hong Kong Island are too expensive, Yau Tsim Mong is too dense, and only the vast New Territories are suitable for building new towns. Everyone knows that if you want to buy land in the New Territories, it is natural It is still the most suitable type two land exchange rights book. "
"These rights and interests books will be nullified in 1997? Where did you hear them? Do you believe the rumors, or are you willing to believe Jun Shao? Back 10,000 steps and said, if you want to nullify, that is Jun Shao ’s second land exchange right. The top of the book is right, right? "
"..."
After such a show, Hengji Zhaoye's stock price rose by 8% in just a few days, almost reaching 3 billion.
Ordinary people, apart from the aborigines of the New Territories, basically look at the excitement of such a land exchange rights book.
However, some small and medium-sized real estate companies have smelled the price increase.
They hurriedly wanted to go to the New Territories to acquire some, but they did not expect to know after a question. In the past six months, apart from the large acquisition by Li Zhaoji, they included Zheng Yutong ’s New World Development, Li Chaoren ’s Changjiang Industry, and Guo Desheng ’s Sun Hung Kai ... and other real estate giants actually have more or less acquisitions.
Some newspapers also announced the acquisition information of these real estate developers in these two days, and the total has exceeded 6 billion Hong Kong dollars!
After several rounds of acquisitions in the past ten years or so, there were not many books on the rights to land exchanges in the hands of farmers in the New Territories. Now they have been searched for another 6 billion Hong Kong dollars. How much is there?
Even if there were some left, they were held tightly in their hands and would not sell anymore.
Think about it too. So many big real estate developers have entered the market to check the bottom, so will it be far from the days when the second land exchange rights book has risen again?
However, Zhang Renlong, including the New Territories Township Council, actually has some regrets in his heart.
They originally had a lot of Class B land exchange rights and interests books, but they still sold about half of them.
If it is not sold, even if it is only delayed for a few months, the price can skyrocket by 30%.
What annoys Zhang Renlong and others the most is that Yin Jun said to Zhang Renlong long ago, let them hold the second-class land exchange rights book in their hands, and stick to it for a few years.
Unfortunately, they didn't listen.
To be precise, it is not completely believed.
So came a compromise, selling half and leaving half.
Fortunately, half of it ended up, not all sold out.
In this matter, although Hengji Zhaoye helped Yin Jun to buy the 2.6 billion Class B land exchange rights and interests book, no one would blame Yin Jun, saying that Yin Jun was a coincidence.
Having said everything, you still have to sell it, so what can you do?
Besides, everyone is buying. The price given by Yin Jun is fully in line with market expectations. What else can you say?
Hearing Zhang Renlong's call, he said that he didn't follow his advice, and Yin Jun, in turn, comforted him.
Without it, you simply can't feel the huge pressure.
Zhang Renlong can leave half of himself, so that those big families and landlords can also leave almost half. It is already very courageous and very tenacious.
A few did not believe in Yin Jun. They sold out in July and August, and the family moved to Canada.
This is called self-cutting money, without that wealth.
Putting down the phone, Yin Jun shook his head unconsciously.
What is it now?
You won't know what it means to use "a piece of paper as gold" until 1985.
There are several new towns developed by the government in the New Territories, and 90% of the land has been replaced by real estate merchants with a second-class land exchange rights book.
At that time, the profits were almost several tens of times to hundreds of times higher than the price they bought now.
The reason why Li Zhaoji made Hengji Zhaoye the top ten companies in Xiangjiang, he himself became the second richest person in Xiangjiang, and half of his wealth came from the land brought by these second-class land exchange rights books.
Similarly, the Kirin Group now holds a 2.6 billion Hong Kong dollars of land exchange rights and interests book. Ten years later, the value of 50 billion yuan is less!
It would n’t be a surprise if Kirin Group used it again to develop real estate and commercial facilities ~ EbookFREE.me ~ and directly doubled it to 100 billion Hong Kong dollars.
Sometimes thinking about it is actually easy to get rich.
As long as you identify a good project and keep it, you can make a fortune.
Not to mention Xiangjiang, the same is true in the mainland.
Since the opening of commercial real estate in the 1990s, for nearly 30 years, no matter what industry you do, it will not be as profitable as real estate.
As long as you continue to buy and sell houses and keep rolling snowballs, it is not uncommon for ordinary people to become billionaires.
And those who work hard to do business and go to shop, usually have worked hard for half their lives to find that they are not as good as those who do nothing but just buy and sell houses.
They couldn't figure it out, so they immediately followed suit.
These businessmen and factory owners ended their business and began to enter the army of real estate speculators.
This is also the most important reason why China's house prices will rise like a rocket after 2008.
When a lot of hot money poured into the real estate industry, it could only rise, and nothing could stop it.
But the consequences of this are also very serious.
That is other physical industries, and no one wants to do it at all.
Who can make money easily and happily, who wants to be tired like a dog all day long, but still can't make a few dollars?
This is true for Xiangjiang, as is the mainland.
Therefore, when Yin Jun crossed over, Xiangjiang was almost abolished, and the mainland was caught in a big potential crisis.
In the long run, it is definitely a very troublesome problem!
...
(Now everything must be blocked, and I do n’t know how to write it)
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