Chapter 1232 Nervous Tranquility
As of now, Yin Jun's cash flow has exceeded 6 billion Hong Kong dollars.
As a person who was not even willing to take out a loan to buy a house in his previous life, he just didn’t want to be in debt. In this life, he can withstand the pressure of a loan of 3.7 billion US dollars and the pressure of interest payments of more than 1.2 billion Hong Kong dollars every year. Yin Jun has done better than him. Even better than I imagined.
The most important reason for struggling so hard to hold on to the money and not repay the debt, in addition to dealing with possible operating pressures, was to hunt for bargains between 1982 and 1985.
In the past two years or so, it has been the biggest bargain-hunting opportunity in Hong Kong in the past 40 years.
Li Chaoren and the others relied on this transaction to lay the foundation of their business empire.
They still achieved such huge gains despite not knowing the direction of history and being very conservative.
It was Yin Jun who knew the ins and outs and even the exact time. If he couldn't get ten times more income than them, Yin Jun felt a little sorry for the God who sent him to this era.
For this purpose, he prepared for three years and reserved a cash flow of HK$6 billion.
Such a large amount of funds has also made him the richest man with cash in Hong Kong. Kirin Group is also the company with the largest cash flow.
Now the richest man in Xiangjiang is still the chartering king, or Mr. Huo, who you don’t know how much assets he has.
However, their assets are at best about 8 billion to 10 billion Hong Kong dollars, and most of them are fixed assets. The cash they can draw out exceeds 500 million Hong Kong dollars, which is considered very remarkable.
They all are like this, not to mention other emerging rich people in Xiangjiang.
These rich people all started by relying on good relationships with banks and have no cash flow at all. When they are short of money, they will seek loans from banks or borrow money from financial companies, so that they can obtain urgently needed funds.
This approach of leaving no room for oneself is also the most important factor in the collapse of many real estate businessmen in this storm.
Including Li Chaoren is like this now.
So after going through such an initial thrilling stage, Li Chaoren has been accumulating cash flow for himself since the 1990s, leaving room for himself, and finally reached the exaggerated cash flow of HK$200 billion in 2008.
It has to be said that this was also caused by the crash disaster of this era, as well as the subsequent disasters in the stock market, real estate, and financial markets, which cast a huge shadow on him.
Compared to them, Yin Jun was definitely traveling lightly.
Today, Kirin Group still has a loan of 3 billion US dollars left, but now even the entire valuation of Disney has exceeded 2 billion US dollars. If United Artists Film Company is included, someone will definitely be willing to take over the deal for 3 billion US dollars.
Excluding the assets in the United States, Qilin Culture, the most profitable business in Yin Jun's hands, is comics and its derivative businesses, which still bring high profits of more than 700 million Hong Kong dollars to Yin Jun every month.
If Yin Jun hadn't spread his business too much, spent more money than he earned in the United States, and had a large presence in the mainland, his current cash flow should have exceeded 10 billion.
However, Yin Jun is now a businessman. For him, the gap between 6 billion and 10 billion is not that big.
Because there is also the financial tool of banks.
As mentioned earlier, many companies rely too much on banks. Once the banks no longer support them, they will go bankrupt.
So why does Yin Jun want to rely on banks and leverage financial instruments to buy the bottom?
In fact, this is also the experience gained from Li Chaoren.
During the financial crisis in 2008, the whole of Hong Kong was in turmoil. At this time, Li Chaoren held a press conference and disclosed the 200 billion cash flow in the hands of Cheung Kong Group.
As soon as the news came out, all of Xiangjiang was shocked.
Cheung Kong Group's stock price immediately stopped declining and began to rise.
After flexing his muscles, Li Chaoren did not use the 200 billion cash flow in his hands. He chose to borrow 100 billion Hong Kong dollars from HSBC and China Banking Corporation for the normal operation of his company.
Not to mention HSBC, which is his old friend for decades, but also Huaguo Bank. One look, oh, Li Chaoren has 200 billion in his hands, and he has loaned us tens of billions, what is that? loan!
Therefore, he easily borrowed 100 billion Hong Kong dollars.
Attention.
The 200 billion Hong Kong dollars in his hand have not moved at all.
In this way, Li Chaoren actually has a capital flow of HK$300 billion, which is stronger than before.
Yin Jun now also wants to learn from Li Chaoren, but in a slightly different way.
Li Chaoren can not use the 200 billion Hong Kong dollars in his hands because the Cheung Kong Group has been operating well. The financial crisis has nothing to do with it. As long as it can stabilize people's hearts and operate smoothly, it will not matter. question.
More often than not, that 200 billion Hong Kong dollars is a deterrent weapon, just used as a muscle to show off, and will not show its own power.
But Yin Jun only has 6 billion Hong Kong dollars in hand, which is not enough for Yin Jun to do so many things.
Therefore, Yin Jun must use it and then borrow more money so that he can do more things and buy more things.
Moreover, the more young people borrow, the better. Not to mention that the current interest rate is around 10%, even if it is 20% or 30%, Yin Jun can still afford it.
Once it survives these two years, how can the profits made by Kirin Group be comparable to these 20 to 30%?
That is calculated based on at least twenty times, fifty times, one hundred times... or even more.
With such a huge difference in the ratio of input to output, it’s strange that Yin Jun didn’t try hard to get a loan!
At present, the best place for Yin Jun to get a loan is naturally the First Bank of Hong Kong, HSBC.
With the size of HSBC, loaning billions of Hong Kong dollars to Yin Jun should not be a problem.
What Yin Jun has to do now is to plan carefully, wait for the best opportunity, show his strength, and then impress Shen Bi so that he can support his plan.
For a person as ambitious as Shen Bi, as long as you let him know that what he gains far outweighs what he pays, he will definitely be moved.
You know, Shen Bi is a super talented person who has brought HSBC to the top in Asia and the top ten in the world!
If he didn't have this adventurous spirit, how could he have achieved such great achievements?
…
Yin Jun didn't want to add fuel to the flames, but in fact, Xiangjiang was already in chaos these days.
On the surface, it was because of the revelations by the news media affiliated with the Kirin Group, as well as the irregularities and huge financial risks of major loan companies.
But the root of the chaos still lies in people's worries about their own wealth.
People without thought, he must worry about.
Although not everyone in Xiangjiang is smart, the current worries are real.
Whether they are worried about war or the collapse of their property...this kind of panic is contagious to everyone in Xiangjiang.
Even the immigrants from the mainland who were as far away as Tianshuiwei and who had just arrived in Xiangjiang felt a little confused.
However, they are considered the best.
Because Qilin Group gave them the most sufficient guarantee, there are jobs every day, and all kinds of salaries and subsidies are not missing, and they are all paid on time.
Moreover, most of Kirin Group's business is outside Xiangjiang, so there is no need to worry about what to do if there is no business in Xiangjiang.
That is the war issue that the people of Xiangjiang are most worried about. They are a little worried, but they are not worried about the mainland, but worried about what the British will do to them.
But ordinary Xiangjiang people are definitely not as free and easy as them.
Especially when they knew that the Iron Lady was about to visit Huajing, the fear and tension that their fate was about to be pronounced firmly occupied their hearts.
What is the scariest thing in life?
die?
fart!
When you die, you don’t know anything anymore, so how can you still feel terrible?
The most terrifying time should be waiting for the moment when fate is pronounced.
People in Xiangjiang are in a situation like this now.
What will happen?
Will there be a fight?
Can our days still be the same as before?
Underlying these major issues, issues of vital interests are also imminent.
Because too many banks and financial companies have been investigated, many real estate developers in Xiangjiang, especially small real estate developers, can no longer hold on.
It turns out that the current house price in Xiangjiang has risen to the point where the average price per square foot is 1,400 yuan. The better properties are 1,600 or 1,800 yuan, which is simply a shocking sky-high price.
But in fact, because various costs are also rising, life for many developers is not so easy.
They also owe a large amount of money to the bank. If the house is unsaleable, they will easily be unable to pay back the interest, leading to their own collapse.
In these ten days, almost all the people in Xiangjiang believe that the real estate market in Xiangjiang is about to collapse, so if you buy a house now, you will definitely be an idiot, and you will definitely buy the highest price.
So no one buys a house anymore.
No matter whether it is owned by a big brand real estate developer or a small and medium-sized developer, not a single house has been sold recently.
Real estate developers are not just sitting around making money. They are under pressure from various daily operations, advertising expenditures, labor expenditures, interest payments, etc. every day.
If the company is running smoothly, then there is no problem, they can make money smoothly.
If the company cannot run smoothly and is stuck, the fun will be great, and it can easily break the strings.
Now, after a pause of more than ten days, large companies can hold on, but small companies are obviously not able to. If they stop for one day, they will lose tens of thousands or hundreds of thousands. How can they afford it?
In times of crisis, people actually don’t have much choice.
For developers like them who are not strong enough, selling houses at a reduced price to free up funds to meet various expenses has become the simplest, most direct and effective way for them.
As a result, over the past few months, the price reduction channel for houses in Xiangjiang has been opened...
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