The central authorities have put forward 10 measures to promote economic growth, of which Article 10 explicitly calls for intensifying financial support for economic growth, abolishing restrictions on the scale of credit to commercial banks, and rationally expanding the scale of credit.

This has the most direct impact on Dongsheng Real Estate.

In the past year or so, the market was not as hot as expected at the beginning, and although Dongsheng Real Estate said that the return of funds was slower than expected, the funds were barely able to move over.

At the beginning of March this year, the Bank of China was the first to be seriously affected by the subprime mortgage crisis, with a total of tens of billions of bad debts.

On the one hand, the amount of loans issued to commercial housing in the second half of the year has dropped sharply, and many commercial banks have even directly suspended the issuance of commercial loans, which has directly suppressed the market demand for commercial housing; on the other hand, it has directly restricted the scale of lending to real estate developers, and strictly prohibited all kinds of marginal lending behaviors such as borrowing new to repay the old, forcing real estate developers to passively shrink the scale of debt and reduce leverage.

Real estate developers with abundant funds or good sales may not be affected, and Dongsheng Real Estate almost did not survive.

The new economic stimulus policy came out, and the credit scale restrictions of commercial banks were cancelled and the credit scale was reasonably expanded, which will also directly benefit Dongsheng Real Estate from two aspects: first, the major commercial banks will fully liberalize the credit scale of commercial housing, and the proportion of loan down payment is likely to decline, which will directly stimulate the market demand for commercial housing sales, and on the other hand, the credit restrictions on real estate developers will have a huge change of 180 degrees.

The indirect impact is even greater.

Once the credit restrictions of commercial banks are relaxed, the funds of financial institutions such as trust, wealth management and insurance will inevitably enter the real estate industry with the icing on the cake.

For example, TK Securities issued a new trust fund for Dongsheng Real Estate before, which not only requires Dongsheng Real Estate to provide stricter asset collateral, but also has internal quota restrictions for Dongjiang Securities.

After today, this restriction is bound to be relaxed.

In the past, Dongjiang Securities may be able to provide more than ten or twenty times the trust funds for Dongsheng Real Estate, but after today, the scale of the trust that can be provided may be directly doubled.

At present, Dongsheng Real Estate has a total financing amount of 4 billion yuan in the form of direct capital injection, of which Xinhong Investment has injected 1.2 billion yuan, Dongjiang Securities has injected 500 million yuan, and Guo Guangxin, Chen Zhi and other management personnel have participated in the capital injection of 500 million yuan.

Even so, the short-term debt that Dongsheng Real Estate needs to pay and repay in the next year is still relatively high.

Cao Mo, Qian Wenhan, and Ding Zhaoqiang are thinking about preparing for the second financing in more and richer forms, and are thinking about raising another 2 to 3 billion yuan to solve the debt problem of Dongsheng Real Estate more thoroughly.

Well, now that this issue shouldn't require them any more headaches.

Of course, in addition to Dongsheng Real Estate directly benefiting from the new economic stimulus policy, it is anyone's guess what kind of beneficial impact other industries, especially the affiliated enterprises under each person's name, will be, and whether the domestic economy can get rid of the subprime mortgage crisis in a short period of time.

However, Cao Mo is still quite confident that the domestic economy can quickly get rid of the subprime mortgage economic crisis, but the overseas economy, especially Africa, which has a particularly fragile economic structure, has no confidence in when it will be able to withstand the ravages of the storm and get out of the trough.

Fortunately, Tianyue's overseas business has a strong ability to resist impacts, and Cao Mo doesn't have to worry about anything.

With the collapse of commodity prices, the demand for finished cement in Kanem and other countries has plummeted, and the market price has naturally plummeted, which has greatly weakened the profitability of Conero cement.

However, the production and transportation costs of Conero cement are far closer to those in China.

Even though the price of finished cement in Canem has now plummeted below the average cost line of the cement industry in West Africa, Conero Cement still has a gross profit of more than $50 per ton of finished cement produced, which is definitely much more prosperous than that of cement companies in the same region, and it can still maintain a net profit of more than $10 million a month.

Although the international metal copper futures have fallen sharply, Yibogu Mining is still mainly mining and producing gold.

In October, when the economic crisis spread rapidly, the international gold price briefly fell to about US$700 per ounce, but after entering November, the international gold price quickly stopped falling and rebounded, and has now risen to about US$800 per ounce.

Although it is difficult for anyone to accurately predict the future trend of gold prices, even if the economic crisis continues to spread, as countries have adopted loose monetary policies, everyone predicts that the possibility of international gold prices falling sharply again in the short term is close to zero.

As long as the gold price remains at around US$800 per ounce, Ibogu's growing gold division can guarantee a net profit of more than US$15 million per month.

Ibogu Mining and Conero Cement are still the two largest cash cows in Cao Mo's hands, and the cash production is sufficient, which is eye-catching.

However, Dracula More's power supply is still seriously in short supply, which makes Dracula Power Supply Group not worry about additional losses due to the sharp decline in the market when the economic crisis spreads, and even generates additional profits because of the significant reduction in production costs.

The price of external power supply is fixed, and there is no need to worry about the sharp decline in market demand, but at the same time, the production and operation costs of hydropower-based are not likely to benefit from the economic crisis and be greatly reduced, so the operation and profitability are stable.

Even if the performance of the Gulf of Guinea shipping and mining trade, Tianyue Industry, and Conero Foods will inevitably be affected by the economic crisis, the overseas affairs as a whole are supported by the three pillars of Ibogu Mining, Conero Cement, and Conero Energy, and there is no need to worry about suffering a real crisis that is difficult to survive.

Cao Mo's biggest gain this time is also to greatly enhance his industrial investment in China.

It holds 18% of the shares of Dongsheng Real Estate, becoming the second natural person shareholder of Dongsheng Real Estate in addition to the Ding family of Dongsheng Real Estate (Dongsheng Holdings), and increases its stake in Dongsheng Group, a listed company, by more than 5% from the open market, becoming the fourth natural person shareholder in addition to Dongsheng Holdings, Shang Wendong and Wu Xiang.

Through the M&A fund of TK Securities, it achieved a controlling stake (32.4%) in the listed company Taihua Group (Tianyue Industrial).

Completed the acquisition of Huachen pickup truck assets in Tianyue Industry, and officially has its own product development and testing center, vehicle technology development laboratory (car maker) and the first independent pickup truck production line in China.

It is no longer as thin as before, he is only as thin as a food processing base in the Qingshan District Industrial Park in China.

Of course, Cao Mo attaches the most importance to the industrial foundation of Tianyue Industry in China, although it is still extremely weak, but Xu Bin, Xu Lizheng, Gu Fan, Huang Yijiang and other management members have an extremely strong dedication to follow up, so that Cao Mo sees that Tianyue has the possibility of becoming bigger and stronger in this field.

To this end, in addition to the acquisition of Huachen pickup production line and the expansion of Chejiang's independent laboratory, Cao Mo also spent 200 million yuan to set up an independent sub-industry investment fund under Hexi Fund in conjunction with Dongjiang Securities and Xinhong Investment, specializing in investing in new and new projects in passenger cars and new energy and other related fields.

At this time, the cash in Cao Mo's hand was also used.

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Affected by the double turn of fiscal and monetary policies, the domestic stock market took the lead in rebounding strongly the next day, and the direct benefit of steel, cement and other sectors, the price limit abounds.

Dongsheng Group's share price has been running steadily for a period of time, and its building materials are also one of the main businesses, which were included in the infrastructure, building materials sector directly affected by the economic stimulus policy, and the next day was closed by a large number of funds.

Over the next week, the Shanghai Composite Index rose more than 17 percent, regaining its foothold above 2,000 points.

Dongsheng Group's share price has risen by as much as 40% in a few days, and its market value has risen back to the 10 billion mark.

At this time, Dongsheng can be said to have completely come out of the shadow of the crisis.

On the side of Dongsheng Real Estate, not only did the largest Chonghai project obtain a new credit line worth 3 billion yuan from the local financial institutions (syndicate) in Chonghai under the mediation of the Chonghai Municipal Government, but the sales situation also improved.

Dongsheng Real Estate then withdrew all the previous preferential measures of up to half of the discount range in the interior, and also secretly raised the sales price of all commercial houses for sale.

It is not the case of Dongsheng Real Estate, as long as almost all real estate developers are not dead, they have basically withdrawn their preferential ranges from the quagmire of dry funds, and they have increased property prices by different ranges.

Almost immediately, it was a sign that a new spring in the property market was about to arrive, and the capital market turned its interest back to the real estate industry at almost the same time.

Several investment institutions that Dongsheng contacted before wanted to participate in the capital injection of Dongsheng at this time, and Ding Zhaoqiang did not directly refuse, but on the basis of the valuation after the completion of the first round of capital injection, the valuation was doubled, that is, Dongsheng Real Estate now directly accepts capital injection at a valuation of 20 billion.

To put it bluntly, "You ignore me before, and I can't afford to climb high after me"!

Investment institutions can't pick up cheap, naturally there is a lack of interest, and Ding Zhaoqiang entrusted Dongjiang Securities to restart the backdoor listing process of Dongsheng Real Estate.

A few families are happy and a few are sad, compared to Ding Zhaoqiang's high confidence, Han Shaorong's mood in the past few days can be described as terrible.

He did not expect that the situation in China would turn around so quickly, and he wasted too much time and energy on the two projects of Dongsheng and Taihua, so that when the national economic stimulus policy was released and the fiscal and monetary policies were reversed, he did not completely negotiate a feasible capital cooperation project.

There are several cooperation projects under negotiation, but after the "four trillion" is released, the interested party will either directly raise the price by a large margin, or because the conditions proposed by Huamao are too harsh, they will directly leave Huamao aside and find other investment institutions for cooperation negotiations.

In the stock index re-stood at 2,000 points, Huamao in addition to the previous holdings of many listed companies equity valuation rebounded (most of these shares still have a long lock-up period, such as Huamao's shareholding in the new steel union, the valuation rebounded as much as 50% compared with the low point, but the lock-up period is still 24 months, but even so, this project they are still losing money, and they were forced to increase the cost of holding shares when they participated in the reform of equity division), Huamao secretly prepared nearly 8 billion funds for this bottom-up, and at this time it was still very granular。

This made Han Shaorong so angry that he smashed several antiques in his house before he could not relieve his hatred......