Chapter 610: Arrangement
On the morning of the next day, the directors and above of the major groups of the Li Group in Xiangjiang came to the conference room on the second floor of the Li Building to attend the temporary meeting.
Yesterday afternoon, in just half a day, the Hang Seng Index plummeted 243 points on the Xiangjiang stock market, making the Hang Seng Index fall below 1,000 points in one fell swoop until the stock market stopped falling last year and rose to 1,230 points, which made more investors worry about the stocks in their hands.
Fortunately, today Saturday, the stock market is closed for the past two days, otherwise the stock market will definitely open with a gap today, and the Hang Seng Index will continue to fall.
Li Guangyu knows that this time it is no longer just the stock market falling like last year, the property market is still strong, and the storm of the property market is coming soon, and some middle-class people will start to choose to emigrate to other areas in order to be safer for themselves.
The property speculation group is even more sad, the housing prices in Xiangjiang have shown a state of price and no market, and this news came, and at the same time, the middle class who want to leave Xiangjiang also began to sell their own properties, so that the bubble of the property market was completely punctured, and those who took out loans to speculate on houses are estimated to lose a lot of money at that time.
At the meeting, Li Guangyu first emphasized that the top management of the group should not express any views on the Margaret Thatcher wrestling incident, and especially reminded the Jiayi Group that the group strictly required the group's artists to keep this bottom line.
These celebrities are very influential in Hong Kong or Asia, and many teenagers regard them as idols.
At this time, any voice made by the Li Group is very detrimental to the development of the Li Group, and Li Guangyu does not want to be forced to get involved in such a political incident.
As the vice president in charge of the group's artists, Le Yiling said: "Li Sheng, please rest assured, our group has been strengthening the management in this regard, and at the same time, we have stated in the contract that once the artist makes some political remarks that affect the development of the group, it will be deemed to be automatically terminated with the group, and our group will not be responsible for any remarks they say." ”
Since Yuan Tianfan is still in charge of the bank's expansion in Malaysia, Tianyu Financial Group is currently in charge of Luo Qianwen, and the chairman of Tianyu Bank is Vice President Xia Fengxing.
After the problem in the property market this time, there will definitely be some bad debts in the bank, even if Tianyu Bank controls it quite strictly, it is impossible to completely eliminate it.
This incident is a chain reaction, the collapse of the stock market led to the collapse of the property market, and after the collapse of the property market, it led to the collapse of many banks in Xiangjiang, after the problem of the property market, many banks will have a large amount of bad debts, which will directly crush many small and medium-sized banks.
The main reason for this is that the large listed companies in Xiangjiang are either real estate groups, or the parent company behind them is engaged in the real estate industry, and after the stock market plummeted, it affected the sale of the property market.
After the stock market crashed, they needed to add funds to the bank, and they had no funds themselves, and where did they get the money to add to the bank, and the bank could not recover the funds, so it would become a bad debt.
If there are too many bad debts, once the news spreads, it will inevitably be run, and the bank can only choose to go bankrupt.
Li Guangyu said: "Tianyu Bank should pay attention to the situation of the lender at any time, try to avoid the appearance of bad debts, especially pay attention to these enterprises and individuals with relatively large loan amounts in our bank, and understand their financial situation, so as not to be just an empty shell by then, we only found out that such a situation, such losses should be avoided as much as possible." ”
Luo Qianwen replied: "Li Sheng, our bank will increase supervision in this regard, especially focusing on the observation of more than 5 million loan enterprises and individuals, so as to prevent the occurrence of a situation of losing all money." At the same time, we will strengthen the contact with the court, and once they default on their debts, we will immediately start legal proceedings to reduce our losses. ”
Subsequently, Li Guangyu asked the property management companies of Starlight Real Estate Group and Wheelock Group to pay attention to the market trends at any time, and there will definitely be a big shock in the property market this time, whether it is a house price or the rent of the store, there will be a big decline, and each company should reasonably adjust the rent of the store according to the changes in the market to avoid the group's stores being vacant.
Starlight Real Estate is mainly a storefront in Tin Shui Wai, and there are not many of them. Wheelock Group is even more ruthless, in addition to leasing to the storefronts within the group, some of them are leased to Watsons, and the rest is basically sold by Guo Qingya.
At this time, the least pressure is also on the Wheelock Group, and they are now mainly those dozens of ships, with the relationship of the Li consortium, it is enough to feed this shipping company.
Li Guangyu said: "Wheelock Group from now on the side of the market to pay attention to the market listed for sale and commercial office buildings, Starlight Real Estate Group side also to cooperate with this action, you should according to the development of Xiangjiang, find out the commercial value of the real estate out, until next year I will like Wheelock Group to inject 10 billion Hong Kong dollars for the property market bottom." ”
Guo Qingya knew that Li Guangyu would inject money into their Wheelock Group, but he didn't expect to inject so much money into their group this time.
Next year, Wheelock Group will become one of the top three real estate group companies in Hong Kong. Within the Li consortium, its own group can also enter the top ten.
Guo Qingya said happily: "Li Sheng, we will do a good job in this regard, this time we will do a detailed plan, as long as you tell us to do it, we will complete this copy as soon as possible, and at the same time, during this time, I will strengthen the group's study in negotiations, as well as the group's employees' study in legal documents, in order to deal with this action." ”
Li Guangyu is clear that after the property market bottoms out, it will rise until 98 years, and the property market will collapse again, such an opportunity can be said to be rare, and the reason why he took out 10 billion Hong Kong dollars to buy the bottom this time is that he hopes that he can control more commercial buildings and stores in his hands, and the annual rent he collects will be a terrifying number.
Zhao Yu, president of Starlight Real Estate Group, was very envious of Wheelock Group at this time, and maybe his group would really be overtaken by Wheelock Group in the future.
Once the property market recovers in the future, Wheelock's assets will skyrocket, and Wheelock is about to build a new headquarters building of the Lee Foundation, and its ownership will also be assigned to Wheelock Group.
He himself knows that he should not think about the bottom of Xiangjiang this time, the main market of Starlight Real Estate Group is Baodao and Southeast Asia, and Wheelock Group will be Xiangjiang and the mainland market.
In Heung Kong, they will only have one project, and that is in Tin Shui Wai, where they still have half of their commercial land undeveloped.
The presidents of the major groups headquartered in Xiangjiang are also very envious of Guo Qingya at this time, 10 billion Hong Kong dollars, and the market value of some of their groups is not so high.
Especially Jiayi Group and Xiangjiang Telephone Group, Jiayi not to mention, Xiangjiang Telephone Group is wholly owned by Li Guangyu, but in recent years, Li Guangyu has not injected too much capital into it for the expansion of the group.
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