Chapter 228: Stock Market Crash, Talk, and Investment
Just returned to Longcheng Group, the next day Lao Fan and his friends watched the swimming and gymnastics events, and went back to the company by plane.
Now that someone has the backing, Fan Liancheng directly gave himself a vacation, went to Qingdao with his friends to watch the sailing competition, watched it for a few hours, and was busy inspecting the business in the local area afterwards.
In addition to the land under the name of the real estate company that was acquired most of the shares some time ago, I learned that the Jiaozhou Bay Tunnel was under construction, so I took a boat detour to Huangdao to investigate, and after seeing the plot I wanted to develop a sea-view house project, the floor price was more than 1,000 square meters, which was only a small business for Longcheng Group.
Zhao Sturgeon couldn't help but complain that it was too boring to go out to play with Fan Liancheng, the so-called boring actually means that Fan Liancheng often handles business out of the group, which is also a helpless thing, in fact, Zhao Sturgeon and others themselves have not played less, they have stayed in the local area for three days, like a devil entering the village, but all the night games around the area have been swept by them.
The Olympic Games that the Chinese people have been looking forward to for many years officially began to be held, and at this time, it seems that it is just like that, and it is overwhelming with news, and Fan Liancheng only picked some interesting finals to watch.
Fan Liancheng did not go to the scene that day, he was busy dealing with the venture capital business, and invested in Shengda Literature, which was just established in July, with a total scale of 200 million, and also injected 1.5 billion yuan into the physical examination business called Millennium Health for the expansion and development of six to ten branches, and deep cultivation in the Yangtze River Delta region.
The other is to partner with Ge Junfa to engage in a drug retail chain store, and spend 290 million yuan to finance a domestic mobile phone manufacturer called Tianyu Langtong.
The reason for such a large amount of money is mainly to draw back 50 million US dollars in profits from the oil futures market, which is also to reduce risks.
When selling crude oil futures short, it was as high as more than $140 million, and by the end of August there was still about $115 left, and Fan Liancheng made a profit of more than $200 million this time.
The recent investment is equivalent to investing in the outside with profits, so whenever he encounters a good project, he has changed his previous hesitant style, as long as the price is more reasonable, he agrees very happily.
Admittedly, investing can be addictive, just like buying a lottery ticket, and it's hard to tell which company will "win." ”
......
Throughout September, relying on the remaining positions alone, Fan Liancheng earned back all the money he had invested since the Olympics, and he also had a surplus of tens of millions of US dollars.
The price of crude oil is only 93 US dollars a barrel, and Fan Liancheng also raised more than 20 million US dollars from Hongshan Huaxia in mid-September, and because of the good performance of Beijing and winter, he provided an additional loan of up to 40 million US dollars.
A VAM agreement was signed, stipulating that if the annual turnover was successfully expanded to 3 billion yuan in the next year, no interest would be required, otherwise the money would be collected at the current normal loan interest rate, which would be equivalent to pulling the boss at the same time as incentives, after all, Fan Liancheng is the largest shareholder and helps others and himself.
Short of money?
It was a bit lacking before, but now it is really not lacking.
In mid-September, Fan Liancheng took a piece of land near the old wharf, half of the funds came from bank loans, and after a week, he went to the west CBD of Sucheng Lake to get a piece of land, preparing to build an office building for rent collection.
For a while, the action continued, in the words of Lao Fan, this is the money blown by the wind, and it is not distressing to burn it.
He mainly said that the huge amount of money invested in mobile phones and Internet companies, as for taking advantage of the low price to spend money to buy land, Lao Fan was naturally a hundred in favor, and he went to Singapore to go around the circle, planning to set up an education company by himself, and build a private school covering all courses from kindergarten to high school near Zhangjiang Science and Technology Park, and with Fan Liancheng also invested, and joined hands with Longcheng Group to win a large piece of land around the campus, more than 1,000 acres, across three intersections, the disadvantage is that the location is a little off, and the price is relatively cheap.
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The last day of September.
Under the influence of the global financial turmoil, the mainland's export-oriented economy has suffered a severe impact, and although the export data in the third quarter is still up compared with the previous month, the situation ahead is very serious.
In this context, Fan Liancheng rushed to participate in the official meeting held by the city official, almost all the big businessmen in the local area came, and received news in advance that the topic is to stabilize the economy and promote development, and all walks of life have had a hard time in recent months, especially since September, the Shanghai Composite Index fell to around 1,800 points on the 18th of this month, and other stock markets around the world have also "dived", falling worse than the other, the market value of Longcheng Group is only more than 49 billion yuan, and other listed companies are not having a good time.
That is to say, Fan Liancheng worked hard to seize the opportunity to toss some money from the stock market and oil futures, but in fact, he was dragged down by the market value of Longcheng Group, and the group of people who bought houses in the past two years began to panic about the sharp decline in the real estate market, and the real estate transaction volume fell to the freezing point for a while.
Fan Liancheng was invited with his Lao Tzu, and it was early 8:40 in the morning, and the meeting had not officially begun.
The big secretary came forward to receive them, and almost all the people who could be invited over today were on the Hurun rich list, and the difference was nothing more than the order of ranking.
There is a big boss engaged in the foreign trade order processing business, at this time is saying: "The economy will definitely not work like this, the stock market is dead, the real finance must be revitalized, I heard that this kind of meeting has also been held in the north, today's meeting should be a good signal, indicating that we have not forgotten, and there is likely to be a big move next." ”
Fan Liancheng also discussed with Lao Fan before he came to discuss today's purpose, the idea is similar to what the boss said, in fact, he also knows more inside information, it is said that the top is ready to start a new round of large infrastructure plan, the scale is likely to be unprecedented, and successively let Longcheng Group submit several business conditions, many departments have asked for it, as the chairman of the board of directors Geng Old man was even called to Sijiu City for a meeting, just left last night.
As early as the beginning of the month, when A-shares began to fall sharply, he quickly held a conference call, so that Qian Hai, who had been worried about the white goods industry for a long time, got his way, and set aside a full 3.7 billion yuan from the account and handed it over to the head of the investment department to play freely, mainly concentrated in the white goods sector, and also covered the upstream and downstream listed companies in real estate.
In September, he won three pieces of land in succession, and Fan Liancheng had a premonition that the land price had bottomed out, and he was also betting that the situation would not be allowed to deteriorate, the stock market was over, and a group of people under his hand studied it overnight and found that in addition to infrastructure, only the real estate industry is most likely to carry the banner of stimulating economic development.
In the middle of the month, they successively withdrew the short positions arranged in various places, and after cashing out, they began to invest, chasing one billion Tengxun shares at 45 Hong Kong dollars, and white goods, infrastructure, finance and other sectors were also involved.
From the 20th to the 30th, Fan Liancheng threw out a large amount of money in just a few days, putting aside the funds for taking land, the total scale was as high as 2.8 billion, which was definitely a big gamble, betting that the decline would be stopped, and the stock market really bottomed out......