In the gym on the first floor of the Hyatt Hotel, Ding Le was sweating and walking on the treadmill.

After the banquet last night, Ding Jianye drank a little too much, and when Ding Le left, he saw him walking and shaking, so he couldn't rest assured, so he didn't let the driver send him back, and booked the presidential suite in the hotel for one night.

When he woke up in the morning, he saw that Ding Jianye was still asleep in the next room, and after washing up, he came to the gym downstairs to exercise. Lately, he's been busy spinning and running much less often than before.

The gym is well equipped, clean and tidy. Because it is only open to in-house guests, there are not many people who come to work out at the moment, and the room seems to be quiet.

Ding Le finished a set of stretching exercises, and not long after the official start of the exercise, a fair-skinned, blonde beauty walked in, she looked around for a week, and walked straight to the treadmill next to Ding Le and began to exercise.

After a while, the blonde beauty began to flirt with Ding Le in the mirror, Ding Le did not reject foreigners, but when he saw the hot beauty in front of him, so enthusiastic and unrestrained, he really couldn't bear it, he was still an introverted person in his bones.

Just when Ding Le felt embarrassed, Ding Jianye appeared in time to relieve the siege.

"I woke up to see that the room was empty, so I guessed you would be here!"

"After you fell asleep last night, your phone rang several times, is there something important?"

"Hey, it's a long story, I'm just looking for a spare time to talk to you about this......" Ding Jianye said curtly.

Seeing that Ding Jianye seemed a little difficult to speak, Ding Le had no choice but to end his workout hastily, not caring about the blonde beauty with affection on the side, the two sat down in the café next to him, and Ding Jianye began to tell about his recent experience.

In November last year, on the eve of PetroChina's listing, several good friends around Ding Jianye encouraged him to invest and build a position together, and everyone thought that PetroChina could copy the myth of China's ships.

However, PetroChina's share price did not rise as expected, but staged a tragedy.

On November 5, the opening price of PetroChina on the first day of listing was 48.62 yuan / share, and the turnover rate was as high as 51.58% throughout the day.

Suffering from the quilt, Ding Jianye consulted Ding Le for help in time, and under Ding Ledi's reminder, he took advantage of the intraday fluctuations to make a price difference, and decisively cleared the position, and finally was able to get out of PetroChina.

While Ding Le gave investment advice, Ding Jianye also conveyed it to these friends, thinking that everyone could advance and retreat together, but everyone had differences on PetroChina's investment strategy.

After he closed the position, two people also left the market one after another, and the remaining one was determined not to quit.

PetroChina's share price is only a pullback, with more than half of the turnover rate on the first day, and nearly 100 billion funds will always splash out.

Because of this incident, several people were very unhappy, and later Ding Jianye went to Hong Kong to prepare for the Black Panther Fund, and there was less contact with friends.

A year later, when Ding Jianye returned to the magic capital, he heard the news of this friend's accident, and Ding Le had heard him mention this matter before.

The friend who had the accident was named Su Weidong, and Ding Jianye had known him for more than ten years.

In 1992, the great man's speech in the south was final, and the market economy became China's unswerving development direction.

The State Council deliberated and approved Qiongdao to attract foreign investment to develop the Yangpu Economic Development Zone, and for a time a large number of people and funds poured in.

Real estate became the first choice for investment, and the whole market began to become hot, "to make money, to Qiongdao, to make a fortune, to speculate in real estate" became everyone's mantra, and everyone tried to get a piece of the pie from the frenzy, so that later the real estate industry got out of control and evolved into a crazy speculative bubble.

At that time, Ding Jianye was still a hairy guy who was out of high school, and his first stop when he left home was Qiongdao, where he met Su Weidong in a sales office.

Under the leadership of Su Weidong, Ding Jianye started an intermediary business together, and at that time, more than 20,000 real estate companies were gathered on a small island with a population of only more than 6 million, with an average of one real estate company for every 300 people. Ding Jianye relied on errands to lead the way and dig up the first pot of gold in his life.

After the real estate bubble burst in Qiongdao, Ding Jianye and Su Weidong went to many places together.

Later, in the magic capital, by chance, Su Weidong pulled up a group of people to start real estate, while Ding Jianye has been surging in the stock market.

Su Weidong's accident also had a huge impact on Ding Jianye's heart, originally he was obsessed with stock investment and chasing money games, but now he is much more bearish on stock investment and is full of awe of investment risks.

Although Su Weidong has been speculating in stocks over the years, most of his energy is still focused on his own real estate company, after more than ten years of development, the company's net assets have exceeded 100 million yuan, and it has begun to take shape.

In 2006 and 2007, Su Weidong basically did not make any money, stimulated by Ding Jianye's heavy position in Chinese ships, he drained the liquidity in the company's account before PetroChina went public, and also advanced the company's 10 times leverage.

PetroChina's price fell all the way after its listing, and it was almost halved in two months.

In recent years, housing prices in major cities have staged a wave of skyrocketing market, in the second half of last year, the government introduced measures one after another, began strict macroeconomic control, the real estate industry took a sharp turn.

Under the double whammy, on the eve of the Spring Festival in 2008, Su Weidong jumped from the company's upstairs......

After Ding Jianye returned to the magic capital a year ago to learn about this, he made a special trip to visit his widow, the two have known each other for many years, and Ding Jianye still knows a little about his family situation.

Su Weidong's departure left a mess for his wife Ding Wei and daughter Su Hua.

When Ding Jianye came to visit, he happened to encounter a creditor who came to force debts, and when he saw the mother and daughter being isolated, he felt compassion in his heart, and he couldn't bear them to be coerced and intimidated by the creditors, so Ding Jianye took the initiative to stand up.

After the black panther paid dividends, his funds were transferred to China one after another, and it was effortless to repay his debts.

"You exchanged all the debts for him?" Ding Le finally understood what was going on.

"Are you guilty and want to make amends?"

Ding Le's repeated questions made Ding Jianye speechless for a while, looking at his silent expression, Ding Le knew the ending without asking.

"We're all adults, so you don't have to worry about his investment decisions, right?

"After I repaid the debt, Ding Wei has already transferred the company's shares to me!" Seeing Ding Le's puzzled look, Ding Jianye hurriedly explained.

"That means you've spent money on a real estate company, right?"

"Yes, I am now the major shareholder and legal representative of Modu Hengrun Real Estate Development Co., Ltd."

Since 2004, the central bank has raised interest rates eight times, accounting for five last year, which shows the government's determination in this round of real estate regulation.

Yike Stone was a guest on CCTV and shouted out the "inflection point theory", the company reduced prices in more than 30 cities across the country; Hengda failed to go public, Boss Xu looked for people to borrow money everywhere like crazy, and more than 10 real estate projects across the country were sold at 85% off.

At present, these national real estate giants are all transfusing blood to save themselves, and Hengrun's life will naturally not be much better.

In fact, as Ding Le expected, after Su Weidong's accident, if it weren't for his wife Ding Wei who had been barely maintaining the daily operation of the company, Hengrun would have gone bankrupt and liquidated a long time ago.

After Ding Jianye took over Hengrun, he found that the company's operation had been paralyzed, and the two projects developed had also stalled, and now the company had left except for a few loyal old employees.

Ding Jianye told everything before and after today, in fact, he also wanted to hear Ding Le's idea.

At the beginning, he was just excited to stand up to pay off his debts, but he really didn't expect that there would be such a big mess to clean up later......