Chapter 1275 Chaos

Standing at the door of the morning tea restaurant, Yin Jun also sighed as he watched the lonely Zheng Yutong get into the car.

It's really not that he doesn't want to work with Zheng Yutong, but that the time is not right now.

Compared with the huge profits that can be obtained, the more than 10 billion Hong Kong dollars involved are nothing at all.

As long as three years later, the joint statement is signed, the market picks up, and the disaster in Hong Kong is over, all we need to do is to spend another two to three billion Hong Kong dollars, and we can continue to use the profits from the previous subway construction property to finance the war. Support the development of properties above the next subway.

The consortium that later took over did this, and within just five years, they reaped 200% profit, which made them smile.

Moreover, the consortium composed of Japanese consortium, Nanyang consortium, Sino and Everbright only spent a total of about 1.2 billion Hong Kong dollars to obtain the ownership of Xiangshan Building and the development rights of the remaining subway atop properties.

The time is probably 2 years later.

Therefore, even if Yin Jun wanted to get it, he would not be so anxious to get slaughtered by the Hong Kong government. Instead, he would have to wait for the lowest point before taking action.

If it succeeds, the teenager may not necessarily sell the properties above the subway.

You know, these are hens that can lay golden eggs!

In the future, Cheung Kong Group will be able to account for 30% of the group's revenue just from the rental income of its own properties. Do you think it is an exaggeration?

Yin Jun has so many things to do and so much money to spend. How can he do it without a stable source of income?

Sitting in the business car, secretary Xiaoqiu has been waiting inside for a long time.

Yin Jun now has two secretarial assistants, one is Xiaoqiu and the other is Zhuzhu. Both girls are talented graduates of the University of Hong Kong. After going through a lot of hard work, they were selected to be Yin Jun's secretary.

On weekdays, they are responsible for collecting various information for Yin Jun, and then contacting various people according to Yin Jun's arrangements.

Because the executive power of Qilin Group lies with Le Yiling, the pressure on them is not that great.

Le Yiling had more than a dozen assistants alone, and more than thirty people in the secretarial office. As a result, everyone was extremely busy.

Xiaoqiu and Zhuzhu here have high salaries but not heavy tasks, and the overtime hours are not long. They are very satisfied with their jobs.

But the fly in the ointment is that the rumored romantic talent Yin Jun has never had any thoughts about these two little secretaries who are tall, long-legged, beautiful and intelligent, which makes the two women feel quite depressed.

Seeing Yin Jun get into the car, Xiaoqiu, who was wearing a black uniform, quickly straightened her sitting posture.

"Master Jun." She knew that Yin Jun didn't like to be polite, so she said straightforwardly: "The publicity effect during this period has been very good. The price of the B-type land exchange rights certificate on the market has begun to plummet."

Yin Jun nodded.

After taking the information compiled in Xiaoqiu's hand, he read it carefully.

There is no need to elaborate here on what the Type B Land Exchange Rights and Interests Letter is.

Because it has appeared many times.

Yin Jun previously bought a 4-million-square-foot Type B land-exchange title, but more than a year later, he sold it directly for a high price of 3.5 billion, but his cost was only 1.26 billion.

A business that earned almost 200% net profit was a sensation in the Hong Kong business community at the time and was hailed as a classic case.

It has even been selected into the textbook of the Economics Department of Xiangjiang University. I don’t know how many students are trying to discover some business secrets from it.

Xiangjiang University also sent an invitation letter to Yin Jun, asking him to give a lecture, but Yin Jun refused.

He knew how much he weighed. Most of these successes were based on his 42 years of memory, which was not a big achievement. He felt embarrassed to have to give a speech to the elite students at Xiangjiang University.

In June 1981, after Yin Jun sold the B-type land exchange rights certificate at a sky-high price, it actually had a very good life.

For more than half a year after that, the B-type land exchange rights and interests continued to increase rapidly. If the Hang Lung Group bought the 4 million square feet and sold it before February 1982, it would at least be able to make a net profit. Earn 1 billion.

But they didn't.

The B-type land exchange rights and interests document is a huge cornucopia, and anyone who gives up will be a fool.

They were originally in the real estate business and needed a large amount of land reserves. The 4 million square feet of Class B land exchange rights seemed like a lot, but it would be used up in two or three years when it was actually developed.

so……

The Hang Lung Group’s 4 million square feet B-type land exchange rights letter was finally in hand.

They didn't care about the price reduction at first, thinking it was unnecessary. Land is the most real thing.

But when the price cuts became more and more severe, it was already too late for them to take action.

From March to September, the B-type land exchange rights certificate fell by 50%. Not only did it retract the previous increase, it also lost about 25%.

I thought that since there was so much loss, no one would be willing to sell it.

In fact, now, the type B land exchange rights and interests certificates are basically no longer in the hands of farmers, and have all been acquired by major real estate companies.

With such huge costs, they are definitely not willing to sell to stop losses. Instead, they will wait for the rise of real estate before repairing the house to make money.

It is a pity that this society does not give them this opportunity.

The iron lady's fall directly caused the entire economy of Xiangjiang to collapse. Whether it was real estate, banking, finance or the stock market, everything was in a mess.

Under such circumstances, to make matters worse, many newspapers began to pay attention to the B-type land exchange rights and interests document.

Because the current economic situation is so bad, the government will definitely not carry out large-scale development and construction in the New Territories in the past two years, so the temporary land exchange rights letter B is useless.

More importantly, if the mainland takes over Hong Kong, will they still recognize this kind of rights and interests certificate issued by the Hong Kong government?

Many experts and scholars have sworn that they will not recognize it, just like when they took the national banknotes and wanted to go to the bank to exchange them, they would not recognize them at all.

Under their propaganda and incitement, most people actually believed that the Type B Land Exchange Rights and Interests Agreement would soon become useless paper.

The big real estate developers are all panicking, let alone the small real estate developers.

They wanted to take action right away, but there was no one on the market who wanted to take over the deal. Even the big real estate developers who had Class B land exchange rights and interests in their hands did not dare to take over the deal.

This situation was immediately publicized by newspapers and television stations, causing people to panic even more.

All right.

In fact, the reason why these remarks are promoted is simply because someone is behind it.

This black hand is the Qilin Group.

It was Le Yiling's order.

She was keenly aware that this was a huge opportunity for speculation. After asking Yin Jun for his opinion and knowing that the B-type land exchange rights certificate would become more and more valuable in the future, she took action.

Taking advantage of September, when demons were everywhere, the entire plan was put into action, and within two months now, the results have been outstanding.

Especially recently, the Hong Kong government has announced that it is considering abolishing the system of Type B land exchange rights certificates.

Originally, their intention was that if there was any further demolition and relocation in the future, they would no longer adopt the land-for-land policy and directly compensate with money.

But the media just misinterpreted their meaning, making it useless no matter how many government officials explained.

In fact, the policy itself is a bit unpredictable. Even if the big real estate developers asked about it, they were not asked about the specific matters, which intensified their inner panic.

Such panic is directly reflected in the value of the B-type land exchange rights letter.

Take the 4 million square feet Class B land exchange rights certificate held by Hang Lung Group as an example. It was purchased for 3.5 billion, and the highest value was 4.5 billion. Now it has plummeted to 1.2 billion Hong Kong dollars, which has fallen back to more than two years ago. Jun purchase price.

For such a deal, Hang Lung Group lost 2.3 billion Hong Kong dollars, which was almost 500 million Hong Kong dollars more expensive than the second phase of the subway rooftop property they alone had to bear!

As soon as the news came out, Hang Lung Group's stock, which was already in a precarious state, immediately plummeted again. In a few trading days, more than one billion Hong Kong dollars evaporated from its market value. It was heartbreaking and hurtful.

Except for Hang Lung Group, the same is true for other real estate companies.

For example, Henderson Land Development Co., Ltd.'s stock value plummeted, and half of the reasons must be attributed to the above.

The two most powerful tools that Uncle Li relied on to make a fortune were: the first was the B-type land exchange rights letter, and the second was the demolition, relocation and reconstruction of urban buildings.

They have accumulated a large number of Type B land-exchange rights certificates. Although not as many as Hang Lung Group, they still account for a considerable proportion.

"The specific situation is what the intelligence said." Seeing Yin Jun close the folder, Xiaoqiu continued, "The company headquarters is already preparing to slowly start to absorb the B-type land exchange rights and interests documents. They applied for The authority is a share of HK$1 billion."

"One billion is not enough. Contact...contact Japan's Sumitomo Bank. Didn't their president of Asia come to visit some time ago? Use the rights and interests of Saint Seiya dolls as collateral to discuss loan matters with them." Yin Jun pondered. He said, "The value is probably based on US$2 billion, and a loan line of at least US$1 billion is required."

"yes."

Xiaoqiu wrote it down carefully, but she still asked curiously, "Master Jun, why don't we go to HSBC? Doesn't HSBC have an agreement with us for a loan limit of 3 billion US dollars? Compared to Sumitomo Bank Said, HSBC is obviously much more convenient."

"When doing business, it's not enough to rely on only one bank to provide financial support." Yin Jun said, "HSBC is of course our largest partner, but if we only have one partner, we will inevitably be constrained by There are too many of them, and we will be constrained in whatever we do in the future.

Japanese banks have been developing rapidly in recent years, and they have plenty of money. Moreover, they are eager to open up the financial market in Xiangjiang, so they have many discounts for our Qilin Group. Regardless of the repayment period, interest level, mortgage conditions, etc., they are all more relaxed than HSBC. Using them as a second partner is a good choice. "

"oh!"

Xiaoqiu seemed to understand but not quite.

She didn't know that Yin Jun actually wanted to choose Huaguo Bank.

But now, in order to shoulder its responsibilities, Huaguo Bank has distributed all its funds to financial companies, real estate companies, etc. that are friendly to the mainland. Where is there any spare money?

Even if they have spare money, how much is China's foreign exchange reserves now?

Can they provide the funds Yin Jun needs?

At this time, Huaguo Bank is not one of the top twenty giants in the world in the future!

They are just getting started.

Japanese banks are different. The Japanese made so much money through the industrial and electronic industries in the 1960s and 1970s. When they were rich, it was the most convenient choice to borrow money from them.

Being able to borrow Japanese money to make a fortune is a kind of ability!