Chapter 85: The Fire Sale (Part 1)

Lao Wang's expansion finally made him suffer!

A few days ago, the China Banking Regulatory Commission suddenly pointed the finger at Wanda - to investigate credit risks, and the financing of six overseas projects was strictly controlled.

In other words, Lao Wang is going to fall!

……

At the end of Malacca's Chinatown, there is a private museum built to commemorate the 600th anniversary of Zheng He's voyage to the West.

In November last year, after attending the East Asia Cooperation Leaders' Meeting, Chinese leaders took a two-hour drive from Kuala Lumpur to visit the meeting.

Seven times to the West, Zheng He crossed Malacca five times, he led the most powerful fleet in the world at that time, and helped the Sultan Dynasty build the city wall to drive pirates away from the great powers.

Malaysia, a neighbor with a strip of water, became an old friend of the Chinese people 600 years ago.

The leaders summed up what Zheng He did in Malacca as: do something, don't do something. The Chinese nation does not seek hegemony or expansion, but only hopes to contribute to the urban construction of friendly countries.

Thirty-eight days after returning to China, a state-owned enterprise China Railway and a Malaysian company formed a joint venture to acquire a 60% stake in Kuala Lumpur's landmark Malaysia City for 19.6 billion yuan.

Malaysia is located in the heart of Kuala Lumpur.

Formerly a 20-year-old abandoned air force airfield, it covers an area equivalent to five Tiananmen Squares, and is the only large-scale undeveloped virgin land in the world's capital.

China Railway, the world's second-largest engineering contractor, is certainly interested in more than just a few hundred small target real estate businesses.

China has proposed an ambitious high-speed rail network from Kunming to Malaysia and Singapore via Thailand. Malaysia City is the nerve center of this high-speed rail network.

Malaysia City will also be a transportation hub in Southeast Asia. This is the starting point of the Longxin high-speed railway from Kuala Lumpur to Singapore, with a total investment of more than 100 billion yuan, and the project will be tendered early next year. Engineering and rail operators around the world are eyeing it.

China Railway and Japan's East JR are the two favorites.

China Railway has taken control of the bridgehead in Malaysia, and they hope to win the largest infrastructure project in Southeast Asia.

China Railway, which is determined to win, ushered in the first drink on May 3, 2017.

On that day, the Malaysian government announced that it had repossessed the Malaysia City project due to the failure of China Railway's associate IWH CREC to make payments on time.

The world's top 500 ranked 55th, how could China Railway not be able to afford 196 small goals. Of course, the state-owned company denied the Malaysian government's claims and demanded that the deal continue. China Railway is reluctant to even accept refunds from old Chinese friends.

China Railway's efforts were in vain. A few days later, Malaysia announced new interested developers, with offers almost double those of China Railway.

The developer who came out halfway to raise the bar with the main force of the "Belt and Road" is also from China, and his name is Wanda!

……

Lao Wang is a great person!

With his adventurous pursuit of wealth and his grasp of political boundaries, he quickly became one of China's richest people.

With a wave of his hand, hundreds of small target investments flew to all corners of the globe, as if the bank was his family.

After Wanda Commercial Real Estate was listed in Hong Kong in 2014, Lao Wang began to go overseas frequently, opening his mouth to "export Chinese culture to the world", and packaging himself as a symbol of the country's will.

To export culture to the country, is it the turn of a real estate developer?

This trick can work against officials at the prefectural and municipal levels who are in a hurry, but when faced with a higher level of the food chain, it is tantamount to playing with fire and setting themselves on fire.

I completely forgot that I was wearing an "emperor's new clothes", and the money in my pocket was actually borrowed from a government-run bank.

In his own unabashed words at the company's year-end meeting: "Wanda plays karate, and you can make money without paying a penny." ”

The hot-headed man also boasted: "The industry that Wanda has entered, whether it is a state-owned enterprise or a central enterprise, has no chance to be the boss." ”

Last year, Wanda Group's assets were 8,000 small targets.

Lao Wang is full of ambition to achieve 9,000 small goals in 2017. He also set himself a "2211" ultimate goal:

By 2020, Wanda's assets will reach $200 billion, market capitalization will reach $200 billion, revenue will reach $100 billion, and net profit will reach $10 billion.

At that time, Wanda was made into a truly world-class multinational company, and he would also be in his old age, and he would probably have reached the moment of glorious retirement. So in the last stage of his career, Lao Wang has been emphasizing speed, Wanda must be a little faster, must be fast. At that time, he was only 0.01 centimeters away from his ultimate goal.

But it all came to an abrupt end two days ago.

The China Banking Regulatory Commission (CBRC) suddenly pointed the finger at Wanda - investigating credit risks, and the financing of six overseas projects was strictly controlled.

Wang, who has been focusing on karate for 28 years, has obviously cut off his cash flow.

There is no cash flow, the bank collects all kinds of debts, Wanda is obviously too busy to take care of herself, how can she have the heart to operate the movie...

Therefore, Zeng Maojun proposed a guaranteed issuance of 800 million...

Before the change, at least two billion yuan had to be offered - there was no money, and I knew how difficult it was to be in charge!

Everyone knows what happened next.

Lao Wang's "strong man broke his wrist" - 13 Wanda Cities, more than 70 hotels, a bunch of Wanda Plazas, including Changbai Mountain Resort, were packaged and sold...

Zhang Junsheng is thinking about how much money to spend on these things!

……

How much cash does Zhang Junsheng have?

All 30% of the shares that were burned after reading were transferred to Morgan Bank and Comcast, and he got 6% of Comcast's shares in Time Warner and nearly $8 billion in cash!

Lao Mei and his gang always stared at Zhang Junsheng's nationality to make a fuss, so he simply hit and broke his wrist, kept 15% of the shares that were burned after reading, and sold all the other shares!

Although his industry or investment in North America is extensive, not many people know about it...

In addition to burning after reading, there is also a stake in Uber, which he also sold...

Add up the two and there's at least $150 in cash!

In recent years, there have been no good investment objects, except for the playful investment of 1.5 billion US dollars to build Yuehua Intelligence, so far, there is no big expense!

Coupled with Yuehua Media's terrifying cash flow, it means that Zhang Junsheng has enough cash to eat what Lao Wang desperately wants to get rid of!

However, he didn't have much interest in Wanda Plaza and Changbaishan Resort, and his goal was to have more than 70 hotels and Wanda City!

Yuehua's cocktail party, Zhang's father also came, as the chairman of Bona...

Zhang Qinian whispered to his son to discuss things about Wanda, he wanted Wanda Plaza, as a complement to the online trading platform, Zhang Junsheng wanted Wanda City, and the father and son were ready to join forces to eat Lao Wang's industry!

“… Are you sure Wanda is going to fire sell those things?"

"I can't think of any other way to survive this crisis than a fire sale!" After a pause, Zhang Junsheng added: "They don't have cash!"

"No wonder you're not in a hurry..."

A few years ago, Zhang Qinian wanted to enter real estate, but was stopped by Zhang Junsheng...

Now it seems that it was really prescient!

“… It's best to say hello to the Tarzan Society, lest they make a move!"

“… Got it!"

。 m.