novelones Chapter 791 Prosperity ends
Chapter 791 Prosperity ends
Xia Chuan's peach and plum plan was executed to its peak of perfection, driven by Xu Jiaying's master-level control.
Haicha Island finally ushered in the final madness. The real estate price soared to a maximum of [-], and the average price exceeded [-], which is much higher than in history. You can’t find this price in Beijing, Shanghai, Guangzhou and Shenzhen. Scorpion Baba, the only one share.
Newton said: I can calculate the orbits of celestial bodies, but I cannot calculate the madness of human nature.
Originally sane people, those who had successfully retreated in history, were all deceived by Xu Jiaying's big move, investing 100 billion to artificially blow up and reclaim the island?
Instead of retreating, Xu Jiaying found a win-win path for the island to continue to prosper.
It doesn't matter if the land is limited, it doesn't matter if housing prices are too high, it doesn't matter if the land is artificially reclaimed.
Continue to attract funds from all over the country.
People are relieved.
Entertainment venues have become more popular, with beauties from all over the country gathering here, all kinds of trading methods, and all kinds of big bosses.
The speculators on the entire island have gone crazy, falling into a psychedelic dream, and can no longer convince themselves to stay away from this last prosperity.
What is the charm of this kind of life?
Feng Lun later explained: "It's fun, joyful, happy, and confused. It's like a knight-errant life."
They didn't believe that the last stick of drumming and spreading flowers would fall into their own hands.
At this time, Xu Jiaying and Xian Duxing sold out all their real estate projects.
All the stores under Xia Chuan's private name were sold by Xu Jiaying.And it was sold for the highest price just because it was Xia Chuan's house.
Everyone knew that they were going to move to Sanya and build Phoenix Island, so it didn’t cause any panic.
It has been approved, the preliminary preparations have been completed, the government has publicly commended it, and the joint venture partners have been determined.
But then few people knew that if Xu Jiaying wanted to split up the company and mortgage the loan, he had to send the money back to SIPG because the parent company was there.
A few insiders feel that something is wrong. Why did the money go back to SIPG?
But after further investigation, Xu Jiaying really made an agreement with the bank for an 80 billion loan. Once the split is completed, the loan will flow back to Haicha Island. Of course, it will not flow back to Yifu Real Estate, but to Yifu Real Estate. It's Phoenix Island Real Estate Company.
The last doubts were dispelled.
Even Xian Duxing didn't know that this was just an evacuation plan.
Xu Jiaying did not tell the truth because he knew that Xian Duxing was too loyal and had too many friends. It was impossible to keep secrets. He would definitely let his best friends evacuate, but his best friends also have his best friends. friend……
In the end, the house price collapsed because of Xu Jiaying's evacuation, and he would not bear the blame.
Just after all the funds were returned to SIPG Investment, the unexpected happened.
The cabinet issued an announcement: Boss Zhu personally serves as the governor of the central bank and will recover illegal loans from banks within a time limit. Anyone who cannot recover will be put in jail.
It was like a golden cudgel was struck!
Twenty thousand real estate companies on Haicha Island were stunned.
Everyone's capital chain is tight, everyone operates with leverage, using bank money, and the interest is calculated on a daily basis. They can be delivered to your doorstep with just a phone call, and there must be no mistakes.
The prosperity of the entire Haicha Island comes from banks and trusts.
Although Boss Zhu repeatedly emphasized that the economy was overheating and introduced macroeconomic control measures, no one took it seriously. They were all numb, including Mr. Wolf.
Maybe the wolf can't swim, or maybe it's too far from Haicha Island.
Now that the loan was suddenly withdrawn, this was such a cruel move that it directly cut off the flow of funds.
Twenty thousand real estate companies fell by 90.00% overnight, like wheat fields after a hurricane.
Of course there are those who successfully evacuated.
For example, the Six Gentlemen of Yitong, under Pan Yiyi's strong suggestion, vacated and left one month in advance.
After all, they are all academics. The master's degree in the 90s was sparkling, and Yi Xiaodi was indisputably Buddhist.Pan Yiyi, the only person with the lowest academic qualifications, is the strongest one and has an extremely keen sense of the market.
Taking advantage of the real estate boom in Haicha Island and the prestige they had built, they went to Yanjing to raise one billion funds and directly expanded the joint-stock company.
But a management team composed of six men, regardless of seating, would definitely not work.
They have planted the hidden danger of internal strife and division from the beginning. When it becomes larger, this disagreement will lead to increased friction and eventually hatred.
Another example of successful evacuation is Zhang Baoquan of Jindian Group.
Zhang Baoquan did not have any background at first. He was just a literary young man. He worked as a war correspondent, published a collection of novels, and went to a film academy to study directing.In order to raise funds for making a movie, I chose to go to sea.
He arrived at the town first, but found no opportunity, so he continued south and came to Haicha Island.
On Haicha Island, Zhang Baoquan cooperated with a company affiliated to the bank and opened a secondary real estate development company. Like other real estate companies on the island, he began to speculate in land - first find a good buyer, and then use the bank's funds to find a buyer. The land upstream was resold.The risk is very small, but the benefits are not small.
While speculating on land, he noticed a large amount of food and goods entering and leaving the island, so he established a shipping company, bought some second-hand ships, and started another business: shipping.
It was this inadvertently diversified investment that helped him survive the housing bubble.
Winners talk about it, but losers have their bones piled up like mountains.
Dai Zhikang, the first private equity real estate fund in the country, Fudao Fund, suffered all losses.
Li Shufu lost 3000 million yuan and threw all the hard-earned money from selling refrigerators on this island. He stopped speculating and started making cars.Based on the concept of 'a car is four wheels and two sofas', he eventually became a globally recognized car tycoon.
Cao Dewang built a Fuyao Industrial Village, but eventually left the village heavily in debt. Later, he concentrated on making glass and became a glass king.
Haicha Island has cultivated China's first generation of entrepreneurs. These people who have experienced a complete market economy education have shown unparalleled market acumen and super competitiveness in subsequent business wars.
Even these people with the qualities of great entrepreneurs could not escape a macro-control and fell down one after another.
Funds led by the four major banks, including numerous trust companies, large state-owned enterprises, township enterprises, and private capital, entered Haicha Island through various channels and then evacuated all together.
There were no takers overnight, only people selling.
The prosperity of Haicha Island real estate has come to an end.
The Phoenix Island plan was of course aborted.
Xu Jiaying didn't even pay a penny. All the preparations in the early stage were paid by his partners.
But before the joint venture was successful, it was ruined.
Finally, someone suddenly woke up. Phoenix Island was completely a retreating smoke, and everyone was deceived.
Xia Chuan and Xu Jiaying have become the targets of widespread criticism. The media attacked them as the main culprits in manipulating Haicha Island's real estate to seek huge profits.
It’s really hard to argue with, everything fits together so perfectly.
Both of them were pushed to the forefront.
It was very subtle and precise, sparing all the innocent people, such as Liu Changsheng, Jiang Yuhua...