Chapter 1798 Is This Floating?
The theme of this meeting is to stabilize domestic housing prices, otherwise so many big real estate developers would not have been called here.
Although 2008 was a year of disasters for China, the successful hosting of the Olympic Games has given the world a certain understanding of the new China.
Therefore, more foreign capital has been attracted to China for inspection, and more foreign tourists have come to China for tourism, bringing Chinese culture and a new look to the world.
In this way, China's economy has continued to rise against the market despite the global subprime mortgage crisis. Such a prosperous market has further attracted countless foreign capital to invest in China for risk aversion.
The influx of foreign capital is originally a good thing. After all, both foreign capital and foreign technology can accelerate the development of China's economy.
But good things are good things. If they go astray, they may become bad things. For example, China attracts foreign investment.
That is to develop China's economy. What is needed are some technologically advanced enterprises, or enterprises that jointly develop technology with local Chinese enterprises.
It is not like now, seeing that China's real estate is more profitable, all of them rush into the real estate market that has no technology and relies entirely on capital operation.
Invest in other real industries and technology industries. We can continuously improve the weak foundation of China's industry and continuously promote the vigorous development of various fields.
To put it bluntly, even if we break up with these foreign capitals in the future and they withdraw their capital and leave, we can still have a lot of technology and scientific research results, right?
But why are all the capitals running to real estate companies?
With such skyrocketing housing prices, foreign capitals can make money and leave, leaving behind a lot of houses that can be built at any time and have no technical content at all. What's the use?
Tear down the houses and sell the steel bars inside?
So it was found that the capital signs were not right, and there was a tendency to heat up the Chinese real estate market and then harvest a wave and leave. After careful study, the top leaders and real experts and professors called all these real estate tycoons to a meeting.
Whether it was the real estate bubble in the book or the vivid Hong Kong real estate bubble, the top leaders had to be wary of the ill intentions of these foreign capitals.
You must know that the real estate bubble in Hong Kong was prepared in advance and consumed a lot of foreign exchange reserves. As a result, it almost caused the Hong Kong economy to collapse and be harvested by foreigners.
Yang Dongxu, who was forced to become Yang Bancheng, still had a lot of real estate that he hadn't disposed of yet.
Even though the Hong Kong real estate market has been recovering in recent years, many of Yang Dongxu's properties have not risen back to the price when they bought them. This shows how crazy the Hong Kong real estate market was when it was hyped up by foreign capital.
The lessons of the past are a lesson for the future. Foreign capital is still determined to destroy us, and we must be more vigilant about this.
The meeting was chaired by a leader of the State Council. Even the Development and Reform Commission of the State Council did not come to the meeting, but the leader of the State Council came directly. This shows how much attention the above attaches to this matter.
The leader made a speech first to explain the main point, and then the real estate tycoons in the front row went up to speak one by one. Yang Dongxu was also among those who spoke, and he was the last one to speak.
Originally, because the meeting lasted too long and consumed a lot of mental energy, the people who were a little distracted at the beginning, when they saw Yang Dongxu on the stage, they couldn't help but sit up straight subconsciously and gather their scattered mental energy.
As for this young and ridiculous legend in the business field, everyone has known him for a long time, but he is too low-key. Apart from meeting him at meetings, everyone rarely gets together with him.
And Yang Dongxu's existence is also very strange in the business circle. He always does some weird things. For example, everyone in real estate plays with public areas, but Hurricane Construction does not.
All real estate companies are loans-get land-loans-build houses, and so on. 1 billion funds can support a 10 billion real estate project, and even more exaggerated ones can support tens of billions of venues.
But Hurricane Construction's loan rate is shockingly low, not to mention that it is a wonder among real estate companies with high debt ratios. Looking at all walks of life around the world, it is a wonder.
After so many years of business development, they are also considered to be prominent in the business field. This is the first time someone thinks that low-interest bank loans are too hot.
Obviously, he could use bank funds as leverage to madly expand the land and get more profits, but he just used his own money to operate step by step, without taking out loans for leverage, and rarely doing any financial bonds.
Even if his enterprises are so popular and have so many assets, if Hurricane Construction was listed, it would not only be valued as a real estate giant worth hundreds of billions, but would have been rushing towards the trillion-dollar enterprise club.
If it were them, they would have such a powerful foundation as Hurricane Construction, almost zero corporate debt ratio, and stable and rich profit channels.
They have a bottom line and are very conservative in operating Hurricane Construction's listing and not magnifying its valuation to more than ten times its own assets.
But Hurricane Construction just doesn't want to go public to make money, and even without going public to make money, the company's total assets are still more than the total assets of these listed companies that cut leeks. Who can you go to for justice?
Therefore, all the real estate tycoons who were present and had a reason to be famous had an indescribable feeling of frustration when facing Hurricane Construction, an alternative enterprise that was so weird and incompatible with the industry, but had developed better and more steadily than them, was constantly praised by the top, and was too lazy to lend money even when the banks came to its door to lick their lips.
Our operation is so reasonable and fully in line with the rules of capital operation, and we can only earn the second place in China Real Estate.
You are so weird, so step-by-step, and your operation methods are so stupid, but you still sit firmly in the position of the leader of China Real Estate.
In such a comparison, these people are so sour!
Yang Dongxu can't read minds, and he can't understand the frustration and depression in the hearts of these bigwigs in the real estate industry.
Of course, even if he can read minds, he won't care if he understands the inner thoughts of these bigwigs.
Hasn't he worked so hard for so long just to get more freedom?
He is so willful and runs the company so well, so why should he care about your feelings? If you are not convinced, come and fight!
Yang Dongxu, who came on stage without any speech, had a smile on his young face, which was completely different from the average age of over 50 at this time.
He first blew the microphone in front of him to test the sound, and then spoke.
"After listening to the speeches of leaders and colleagues just now, I feel that everyone still hasn't hit the point about the better, faster and healthier development of China Real Estate."
After the voice fell, everyone's face changed. Some were surprised, some were surprised, and some showed a gloating expression on their faces.
Hurricane Construction is awesome, and you, Yang Dongxu, are awesome, but you not only said that the speeches of colleagues were not good, but also said that the speeches of leaders were not good.
Are you arrogant, or are the leaders unable to lift the knife?