Positions at the end of September were already extremely high.

After the leverage, the size of the position is almost the same as the amount of cash that Fan Liancheng has on hand.

Later, he increased his position three times, and the total amount of his current position is as high as more than 840 million US dollars, of which about one-fifth is his own money, and the rest is through leverage, which needs to pay interest.

Even after the discount, the daily expenses are not small, and the monthly interest rate is about one percent, which is lower than the average level. Because he was a new customer, Fan Liancheng used a large amount of cash as a guarantee, so Goldman Sachs dared to lend him so much money, and the daily interest rate was about 220,000 US dollars.

It is equivalent to a weekend, two days off, and you will have to pay more than $440,000 just for holding it, which is only interest, and there are also some handling fees incurred during trading.

Up to now, the total amount of interest generated by the leverage has been as high as about $5 million, which is probably the reason why Goldman Sachs is so polite to Fan Liancheng.

Recently, I have sent several gifts, including cruise tickets, basketball and football tickets, tea, red wine, etc., and two full boxes of Margaux from 2000.

It is no exaggeration to say that if they continue to hold on like this, even if Fan Liancheng asks them for a Bugatti Veyron, most of the Goldman Sachs executives will agree.

With a big customer like him, as long as it's not too demanding, everything is easy to say.

Besides.

Fan Liancheng also purchased a high-risk fund with a total amount of about 70 million US dollars through the platform of Goldman Sachs, plus the Bund Millennium Riverside City project is paid from Liancheng International, and a part of the funds must be set aside for emergency use.

Therefore, he was a little ambivalent about the commercial and housing projects posted on the blackboard in front of him, thinking that he should be able to make money if he won it, and he also felt that there was already a Millennium Riverside City project, and with this piece, the financial pressure would be relatively large.

What's more, everyone says that commercial housing has no future, which inevitably makes Fan Liancheng shaken.

Before coming to Las Vegas this time, the people of the Lujiazui Zhongliang Pengli Seaview Project approached him and asked him if he would like to take over the 350 houses, run them into apartments together, and hold them for a long time.

The reasons are a bit complicated.

Fan Liancheng hasn't figured it out yet, and has already sent Lao Feng and the employees of Fan's Holdings to contact them, this project is next to Tomson Yipin, and the location has absolutely nothing to say.

Fan Liancheng knows very well that he is not short of investment opportunities now, but has the vision to select suitable projects from them.

Since October, he has taken the initiative to find him to seek cooperation in no less than 20 projects, from time to time someone comes to visit, sometimes at the door of his house, a little regrettable Hongshan Huaxia side clearly rejected the proposal of 30 million US dollars to take 20 percent of the shares, Boss Zheng called and said that there is a chance to cooperate again in the future, it is the United States side that stuck his neck.

Regardless of whether it is true or not, Fan Liancheng accepted it calmly, and has asked people to help register his own Fan's venture capital fund, thinking that he will slowly choose a suitable target after withdrawing funds from the stock market.

Don't panic when you have money in your hand, it's probably him now......

Have a quick meeting in a conference room.

I didn't prepare before, and Fan Liancheng was not a well-spoken character, so he simply chatted about the current business and his views on the abnormal performance of the stock market in the past two weeks.

Several financial professionals have the same opinion, all believe that the inflection point of the stock market downward cycle has appeared, and believe that the impact of subprime mortgages in the past few months is still fermenting, but it has been temporarily covered up, and will continue to drag down the performance of those related financial companies.

According to the suggestion, Fan Liancheng decided to make a small adjustment to his investment in Hong Kong stocks, and specifically named several mainland real estate companies that were still strong in shorting stock prices, including Man Yuanchun.

Speaking of which, Lao Fan is still a shareholder of Man Yuanchun, he is still included in the list, and he is engaged in real estate, how can he not see how big the water in the stock price is.

After the discussion, another 30 million US dollars will be spent, and this time the leverage is even greater, full 10 times!

If it weren't for the fact that there was always a trace of uncertainty in his heart, he even wanted to put all the pressure on the real estate industry, after all, Longcheng Group had fallen a lot first, and there was no reason for them to continue to hold on.

——————————

"Mr. Fan, I'll help you find out, the project is absolutely fine, I just want to find someone to share the risk.

The people on the Pengli Seaview project don't want to sell cheaply, and they are worried that the high-voltage line has been wasting it, so they are ready to learn from the neighbors next to it, and rent it out after the renovation is completed, and the rent price should not be cheap. If you want to take it, listen to their meaning, it is estimated that you can get it at a price of 41,000 square meters, and the total cost of its first phase of the project will cost almost 600 million, which is definitely a luxury house, one of the best mansions!"

On the other end of the phone was Feng Dafa.

Fan Liancheng is resting in his office, the brand new screen on the wall is displaying the data of the Hang Seng Index of Hong Kong stocks in real time, and the market has happened to fall by one point so far, and he knows that he must have made a lot of money without looking at the account.

It's really done lying down to make money.

Tilting his head and holding his mobile phone, he asked while peeling oranges: "What do you mean, take back the deduction? 41,000 square meters, you still tell me that it is cheap, the price of Suhewan land is only how much, and how much is it after it is built, so don't you take me as a big wrongdoer." ”

“...... I want a kickback, and I have to be willing to give it to me, and then I will definitely send it to your house in full order, and I will be reimbursed for the fuel bill. ”

Lao Feng made a joke and continued to get down to business:

"Yesterday you didn't let me bring someone to ask, today after a boss received us, listen to his meaning is very reluctant to sell cheaply, another neighbor 04 years to sell 20,000 to 45,000, the year before last Tomson a product opened is 100,000 square meters, Pengli Haijing wanted to benchmark the price over there, and then hit the muzzle, just happened to meet the policy control period, rectify the high-priced real estate.

The price of Jinpan next door is not high, and the price of a product is too high, so it is not easy to price here, so I simply plan to wait, and wait for when it is relaxed and then take out, and rent it out after decoration first. The rent is going to be marked with a product, and then a little cheaper, I estimate that the rent will be at least forty or fifty thousand a month, and people are worried that they will not be able to lift the ban, so they plan to cash out a part of it first, and then find Xiao Fan, Mr. You, and said that if you take over the whole project, about 4 billion or so, do you have any ideas?"

Feng Dafa said vaguely, but Fan Liancheng still roughly understood.

Fan Liancheng remembered the matter of the control order.

At the end of June, I heard Lao Fan talk about it, saying that Tomson on the riverside was difficult to sell, and Han Xiaowen only sold a few households in total, and because the price was too high, Tomson was also fined and ordered to rectify.

Later, before Lao Fan went in, he suggested that he take the opportunity to set aside one or two buildings for rent collection.

Since the regulation, the sales of those high-end real estate projects have been difficult, and they have fallen to the point that no one cares.

For the Millennium Riverside City project, his idea is to rent and sell at the same time, even if he can't sell it all for a while.

Although it is a commercial house, it can at least be sold to the outside world, but if it really takes over Pengli Seaview with 4 billion, it can only bet that it can be sold at a high price in the future, or it can be decorated and rented out in the hand.

From what Fan Liancheng learned, the first phase of the three buildings have been built, the second phase of the two has not yet been built, almost all of the units are more than 300 square meters, the three buildings that have been built a total of 275 houses, plus the second phase of the planning of more than 100 sets, the total number of households is less than 400 sets, even if the construction cost of the second phase is not calculated, the average starting price of each set is more than 10 million.

It can be called "Lujiazui second" real estate, which has not yet been sold to the outside world has been "frozen" by the policy, unless it is sold at a low price, or it can only be taken out and rented back the funds, Fan Liancheng simply calculated, there may be profits, but the risk is too large.

After thinking about it for a short time, tell me:

"Don't give an answer yet, wait until I go back to the company to study, I definitely won't be able to eat it anyway, discuss it with those people in Dragon City first, maybe they are interested."

Lao Feng, you just said how much is the construction cost of the first phase? It's only 600 million? The price is too high, and with so much money, I can directly buy Tomson's head office......

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