Chapter 452: Buying the Bottom of the Property Market

Chapter 452 Copy the bottom of the property market

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Thinking of SARS, Guo Shouyun remembered another thing! Separated from Jonathan Weir, after returning home, he picked up the phone and called Yu Fei.

"Boss, I guessed you were going to call me?" Yu Fei's tone was always so childish.

"I know, don't say it soon!"

"Hong Kong's housing prices collapsed, and the economic downturn for six consecutive years after the 97 crisis was completely crushed by the outbreak of SARS. Today, Hong Kong's property market has fallen by 70% from its peak. Real estate development companies such as Cheung Kong, Wharf, and New World also saw their share prices fall sharply. The share price of Chinese Real Estate, which we shorted, fell by 47%, and if we close the position now, we can make a net profit of 1.38 billion Hong Kong dollars!"

"Aren't Hong Kong real estate developers panicking now?"

"Of course. It's only halfway through March, and there have already been three suicides due to not being able to pay their mortgages. The transaction of new houses, second-hand houses, commercial houses, and commercial houses is almost zero. The news media are singing about the Hong Kong property market every day. Now when I hit the streets, most of the people are gone, and I feel like the whole city has lost hope!"

"So here's your chance?"

"You're going to buy the bottom?"

"Do you need to ask... Close the position right now, and then use the money you earn to go long the shares of Hong Kong real estate companies on margin trading!"

"Understood, but is it appropriate to enter the market now?

"The Hong Kong housing market has experienced a six-year downturn, and the SARS outbreak is the final bottom, which is our best chance to buy the bottom. ”

"Yes... I'll arrange it right away!"

"Has there been a change in gold and oil?"

"The latest international price of gold is $278.47 per ounce and the latest international price of oil is $40.12 per barrel. Compared to last week, gold is down 18 basis points and oil is up 153 basis points!"

"Oil is stronger than gold!"

"Oil is up 25.9% and gold is up 17.3% compared to when we first invested! However, the capital market is changing rapidly, especially now that the second US-Iraq war is about to break out, and black swan events such as the expansion of the SARS epidemic in China will have a significant impact on the global capital market!"

"Do you think you should adjust your investment strategy?"

"Long-term longs remain the same, but the leverage ratio should be appropriately reduced! 5 times will be relatively appropriate!"

"If you think you should be cautious now, then go for it! I only ask for a full position of long-term longs, and you control the rest!"

"Yes!"

"Is there anything else?"

"It's gone!"

After saying 'goodbye', Guo Shouyun hung up the phone. Remember that he called Tang Wenfang again.

"Boss!"

"Where are you now?"

"Demon Capital!"

"Have all the good properties in the capital been bought?

"The business and operation mode in the capital are mature, and the rest is left to the rest of the people. I'm going to inspect it myself here in the Demon Capital!"

"What is the result?" said Guo Shouyun.

"If you can give me two billion, I can use it all in a week!"

"Okay, no problem!"

"Boss, I'm not joking!"

"I'm not kidding!"

After feeling Tang Wenfang's surprise, he continued: "You also know about Hong Kong, right?"

"Know... Are you going to buy the bottom?"

"That's right. Hong Kong's property market, which was once as high as 20,000 Hong Kong dollars per square meter, has now fallen to less than 8,000, and Tseung Kwan O and Tsing Yi have even fallen to 3,000 Hong Kong dollars. Such a great opportunity, how could I not see it. In addition, haven't you worked in Hong Kong for many years and are most familiar with the property market there, and now the opportunity has come!"

After determining that the big boss was not joking, Tang Wenfang immediately burst out with strong enthusiasm. Women have a natural pleasure in shopping, or sweeping. What's more, it's not an ordinary thing now, but a house worth hundreds of thousands, or even millions of Hong Kong dollars.

"I'll pack my bags and take someone to Hong Kong right away!"

"Hmm... I will call you the funds you need. You just need to buy the properties for sale in Hong Kong, especially in the core areas of Hong Kong, such as Central, Sheung Wan, Causeway Bay, Admiralty, etc. ”

"Is it okay to have offices, shops, warehouses, residences, all property types?"

"It's all right!"

"How much money can I use? Two billion, you just said?"

"Two billion is just a concept, you can use as much as I give you!"

"Understood!" Tang Wenfang said excitedly.

"That's all I have to say, go ahead and prepare!"

Later, he called Xing Zhiping of Hanhua Trust and asked him to mortgage all the assets of the company that could be pledged.

"The remaining shares of GCA Holdings, together with the shares of Master Kong, Jianlibao and Gree, can also raise at least $4 billion! With this money, it is enough for the rapid expansion of Global Real Estate in Hong Kong. ”

After this loan, his assets in Huaxia were basically saddled with liabilities. Although it cannot be said that the use of capital has reached its limit. But at least it's also on the edge of the safety line. In a short period of time, there will be no more large amounts of money. It's all worth it, though. With the future trend of Hong Kong's property market, investing 4 billion now will return more than 20 times in the next ten years.

After calculating this account, Guo Shouyun also had to sigh that Huaxia's real estate is really a wealth-making industry that is stronger than the Internet. If he wasn't confident that he could get a higher rate of return on gold and oil, he would have wanted to withdraw all his investments in the capital market and invest in the Chinese real estate market.

……

"Boss, they're coming!"

In fact, there is no need for Wang Jue to remind him, Guo Shouyun also noticed Zeng Liqing and Cai Yinong who walked in!

After taking the initiative to greet him, Guo Shouyun opened his arms to Zeng Liqing, "Old Zeng, meet again!"

"yes, I didn't expect it to be so fast. ”

After a few words of greeting and a simple hug, Guo Shouyun looked at the woman in the purple coat next to him. She is very beautiful in her prime, and her smile gives people a sense of affinity.

"Miss Cai, it's a pleasure to meet you!"

"Hello, Mr. Guo. It's my pleasure to meet you!" Cai Yinong was a little reserved. It's no wonder that the Tang people in charge of her are unreasonable compared to the matrix in front of her.

"You may be seated. … I brought you here today to discuss a few things with you. After a pause and a moment of language, "Lao Zeng, as a senior executive of Tencent, you know the company's future strategy, and pan-entertainment is our pillar industry. The acquisition of Tangren Film and Television is one of the layouts based on this strategy. But Tang Film's business is mainly focused on the production of costume TV dramas and artist management, which is not enough for Tencent. Therefore, I will spin off on the basis of Tang Film and Television, as well as a certain degree of expansion. ”

"First of all, the artist brokerage business of Tang Film and Television was divested and the Tang Artist Economic Company was established, which is mainly engaged in artist brokerage and film and television investment, but does not involve film and television production. Miss Cai, you are the president of the company. Secondly, on the basis of the production department of Tang Film and Television, Penguin Film and Television was established, which is mainly engaged in the production of TV dramas and entertainment programs. Lao Zeng, Penguin Film and Television will be in charge of you for the time being until it finds a suitable CEO. Finally, to set up Tencent Cinema Company, I have asked Lao Ma to consider the president candidate. ”

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