Chapter 656: Welcoming the Collapse
The next morning, as soon as Li Guangyu arrived at the office, Gan Qin reported to Li Guangyu: "Li Sheng, there has just been news that Hang Lung Group has begun to reduce prices and withdraw funds, and there is a beginning of Hang Lung Group, I am afraid of the next few days." Major groups will exchange price for volume to withdraw funds, in order to seek self-protection. ”
Li Guangyu knows very well that as long as the large real estate companies can't stabilize, then the avalanche of the Xiangjiang property market is coming, at this time, it depends on who runs fast, and the group that can get back some funds first still has some hope, and the group that moves late is only afraid that it will die in it at that time.
From 77 to 82 years, the property market that has been brilliant for so many years is finally unable to maintain, and this time I don't know how many real estate companies in Xiangjiang will disappear.
Li Guangyu estimates that at the beginning of the year at the latest, the Xiangjiang property market will completely collapse, maybe even faster. At this time, Hang Lung Group came to this hand, and some groups have already reached a crisis, and they will definitely learn from it.
When the big groups are selling, those speculators and small and medium-sized real estate companies will be even more panicked, in order to be able to cash out as soon as possible, they will only offer lower prices than the big groups, in order to grab customers, in the hope that they can cash out as soon as possible.
In this way, the price of the property market will continue to fall, and Li Guangyu estimates that the property market is likely to fall back to the price of 77 years, or even lower.
After all, it was just an economic crisis, and this time it was not just an economic crisis, but there were some other factors in it.
Li Guangyu said: "Gan Qin, you go and inform the senior executives of the two major banks, the senior executives of the two real estate groups, and Ms. Li Xuemei to hold a meeting in the third conference room on the second floor at two o'clock in the afternoon. ”
Gan Qin knows that this is Li Guangyu to prepare for the upcoming situation in Xiangjiang, once the Xiangjiang property market collapses, the influence on Xiangjiang is very large, Xiangjiang's current economic development mainly depends on real estate, and Xiangjiang's major groups are involved in the real estate industry.
Especially Jardine Matheson Group, they were originally heavily indebted, and this time the property market plummeted, and they Jardine Land Group are also facing huge challenges, but I don't know if Li Sheng will continue to hit Jardine Matheson Group this time.
Similarly, the banking crisis is not small, and after being Li Guangyu's assistant for two years, Gan Qin has also learned a lot of things.
Once the property market collapses, many banks in Xiangjiang will inevitably be implicated, and this is probably the purpose of Li Sheng's notification to the heads of the two banks.
This is the first time that the top management of Wing Hang Bank has returned to the Lee Building for a meeting after its separation, which is enough to show that Lee Guangyu attaches great importance to this incident.
Gan Qin knows that Li Guangyu has been preparing for this crisis for too long, and now the big crash is finally coming, although many people will be unlucky, but after this time, the wealth of the Li consortium will have a qualitative increase.
If the price falls to half, as long as the property market price rises to the previous level in the future, they will be able to earn tens of billions of Hong Kong dollars in profits, and the annual rent will be enough to support the expansion of the Wheelock Group.
This time, not only Wheelock Group, but also Hengyu Supermarket Group will also buy the bottom. In other regions, Hengyu Supermarket Group's strategic stores are all purchases, and only Heung Kong is mostly rented.
After the property market bottoms out this time, Hengyu Supermarket Group will buy all supermarkets and convenience store stores, so that the stores are owned and reduce the group's operating costs.
Gan Qin admires Li Guangyu's vision of the future very much, as early as a few years ago, Li Guangyu seemed to know everything that was going to happen now. For this reason, in the continuous layout, now the harvest time is finally coming.
After responding to Li Guangyu, Gan Qin went to his office to inform the senior management of Wing Hang and Tianyu Financial Group and Tianyu Bank, and also contacted the senior management of Wheelock Group and Starlight Property Group.
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At two o'clock in the afternoon, after Li Guangyu arrived at the conference room, he listened to Guo Qingya and Ma Wensong's report on the current situation of the Xiangjiang property market.
Guo Qingya is currently in a very happy mood, Starlight Real Estate Group has collectively settled in Baodao, and a number of real estate projects have started at the same time, only they will have a full year of rest for Defeng Group, and now it is finally time for them to show their skills in Defeng Group.
In the next month, the headquarters will allocate 10 billion Hong Kong dollars to its own group account for the bottom of the Xiangjiang property market.
At that time, the Wheelock Group will re-show its glorious momentum, so that all walks of life in Hong Kong know that the Wheelock Group is still the Wheelock Group, and the Wheelock Group, which now belongs to the Lee Consortium, will be more powerful than the Wheelock Group during the period of the Four Great Oceans.
Li Guangyu said: "Qingya, you continue to pay attention to the changes in the property market in Xiangjiang, and at the same time, the news should be communicated with Xingguang Real Estate Group and the two major banks, so that you can better understand the current situation of the property market in Xiangjiang." ”
Guo Qingya replied: "Li Sheng, we will establish a good liaison mechanism to ensure that the news of the four companies can be shared in real time, so that each company can make decisions according to market changes." ”
This time Li Guangyu is only incidental to the real estate company, now is not the time to buy the bottom, the most urgent thing at present is the bank issue, even if Li Guangyu has already asked for it, but the bank still gives a lot of loans to many real estate companies and individuals engaged in real estate.
There is no way to do this, the formalities are complete, and the bank's loan requirements are met, and Li Guangyu can't help but give him a loan.
Now that the property market is collapsing, Li Guangyu naturally has to pay close attention to the bank side and try to avoid large bad debts in the bank.
Li Guangyu said: "Qianwen and Feng Sheng, your two major banks must be vigilant at this time, tighten loans, and at the same time conduct an inventory of large loans, and recover those that are due as soon as possible." Those that have not yet expired should be supervised to prevent their companies or individuals from suddenly going bankrupt and the banks not being able to recover their loans. ”
Luo Qianwen said: "Li Sheng, since the September incident, we Tianyu Bank have specially established files for customers with large loans to supervise and track them to ensure that our loans do not have a loss. ”
Feng Jingyao also responded: "We have also done this work in Wing Hang Bank, but because we have been established for a long time, many of them are old customers, and as long as they meet the requirements of our bank, they have made loans. In terms of loan business, it is bigger than Tianyu Bank in Xiangjiang, and I am a little worried about the situation of some families. ”
Li Guangyu did not blame Feng Jingyao for handling this aspect, Xiangjiang is a humane society, and these families have always cooperated with Wing Hang Bank, and at that time, the procedures were complete, and Wing Hang Bank had no reason not to give loans to these families.
Now that the property market is crashing, some of these families must not have a good time, but when these families go bankrupt, the bank must recover the loans, Li Guangyu is not a virgin, he will not use his own money to save these families.
At the beginning, Li Guangyu reminded everyone in Xiangjiang that the Xiangjiang property market would be dangerous in the past two years, and since these people didn't believe it, they had to pay the price.
Li Guangyu said: "Our bank's funds are customers, we can't be soft-hearted because they have cooperated with us for a long time, when they have problems, the loan must be recovered, which is responsible for customers, but also for our bank and ourselves." ”
Feng Jingyao said: "Li Sheng, don't worry, we will focus on it, and we will definitely avoid the bank from suffering heavy losses." ”
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