Chapter 1260: A Fall!!

Friday, September 24th.

No matter how turbulent things were before and how fierce the confrontation was, there was no need to worry about these things.

When the Iron Lady walked down the Great Hall, because she was absent-minded, the picture of falling was captured by the Kylin Satellite TV cameramen who followed her all the way.

Immediately, this scene spread all over Asia and all over the world.

It doesn't take much to explain, the stock market of Xiangjiang plummeted by 120 points that day!

You must know that the current Hang Seng Index is not more than 20,000 points in the future, but only about 1,000 points, and it has fallen by more than 12% in one day, which shows how great the psychological impact of such a thing on the people of Xiangjiang is.

In the past, although housing prices in Xiangjiang had skyrocketed and the pressure on life was extremely great, although banks were involved in run turmoil one after another, and although various situations were unstable, there was still a simple wish in people's hearts.

That is, the external environment must be stable!

They deeply hope that this time the Iron Lady and Huajing will reach an official agreement, or a compromise, so that Xiangjiang can continue like this, without changing all their systems and lives, and synchronize with the mainland.

But with the Iron Lady's fall, all hope came to naught.

Seeing the beautiful Iron Lady who arrived in Huajing a few days ago, so lost her soul, as long as you are not an idiot, you know that the negotiations have broken down.

What are the consequences of the breakdown of negotiations?

No one wants to think about it.

I don't dare to think about it.

But this panic is directly displayed in the market.

Not only the stock market, but the next morning, with the Iron Lady leaving Huajing, the Association of Banks in Xiangjiang announced that it would stop long-term lending to any company from today and change it to short-term borrowing.

This is definitely a bolt from the blue for companies in Hong Kong, especially real estate companies that are in urgent need of funds.

If there is no bank funding, how can they be able to support a project for as long as two or three years? How can they support the simultaneous operation of several or more than a dozen projects of a company?

With your own funds alone?

That's a joke!

Even if it is a super-rich man like Yin Jun, 5.5 billion Hong Kong dollars in the real estate will only support it for a year or two at most! And there must be no accidents during the period, otherwise you will have to keep adding funds.

Who dares to say that the current crisis in Xiangjiang is only one or two years? What if it is three or five years?

That's a terrible thing!

It was also at this time that Hongkong Land, the largest real estate developer in Hong Kong, also bought two pages of the "Kirin Daily" and announced that all 15 real estate projects of its company had launched big promotional activities, and the price of housing prices had been reduced by as much as 12%-25%!

In the previous month-long price reduction promotion, many real estate developers in Xiangjiang participated, but Hongkong Land has always been high-minded and unwilling to be like those Chinese-funded real estate companies.

At that time, many people were saying that Hongkong Land had strong connections in the UK, and they must have had inside information about the Iron Lady's visit and knew that the negotiations would go smoothly, so they did not panic and waited until the situation stabilized before slowly shipping.

What I didn't expect was that Hongkong Land also bet on the wrong treasure, waiting, waiting, waiting, waiting for such bad news.

With Hongkong Land's group strategy of surging in the past two years, they have squeezed a large number of houses in their hands, and they are all high-end houses.

Now it's good, the most discount in one breath has reached 7.5% off!

This is not only unprecedented in Hongkong Land's history, but also in the real estate market in Hong Kong, at least not in the past two years.

As we all know, the price reduction crash of real estate certainly does not start with the cheapest, but from the most high-end market, which affects the mid-range real estate, and finally spreads to all real estate.

Hongkong Land's current price reduction has undoubtedly become a fuse for an avalanche in the real estate market.

While all the real estate developers in Xiangjiang watched them do so in horror, they found something even more terrifying.

That's such a high drop, and the house that bought the land for two days didn't sell a single unit!?

What the hell is this!?

Isn't it time for you to buy it after the price has dropped so much?

Haven't you been suppressed for a long time, and you have been crazy about buying houses some time ago? Why don't you move now?

Are you moving?

Belch......

The above sentence is a little ambiguous, but it reflects the extremely anxious mood of real estate developers.

Real estate developers no longer care about Hongkong Land's shameless mass price cuts, and they are now ten times more anxious than before.

It would be nice if the Hongkong Land house was sold.

If you can't sell it......

How many houses do you think can be sold?

As a result, everyone's panic came true.

In the past two days, Hongkong Land's house has not been sold, and there is really no one to sell.

Such a strange atmosphere not only makes the real estate developers shudder, but even the citizens of Xiangjiang feel terrified.

But really no one dared to do it.

Because no matter how idiotic people are, if there is a real war, then you buy a house today, and tomorrow the house will not be yours, and you don't know.

Although Beibian'er has been saying in the past few days, please don't worry about the compatriots in Xiangjiang, we are a family, but such a panic, decades of estrangement, how can it be eliminated with a few words and a few days of effort?

Therefore, it is better not to buy a house, or to keep the money on you.

Once there is any trouble, then you can immediately take the money and go to Omen first, and then go to other Southeast Asian countries and regions.

This is the idea of almost half of the people in Hong Kong, including many employees of the Kirin Group in Tin Shui Wai.

After 40 years, such an idea seems ridiculous, sad and stupid, but in today's Xiangjiang, it is extremely real and full of helpless truth.

In fact, the people with the most purchasing power in Heung Kong now happen to be the employees of the Kirin Group.

Some time ago, when the price of housing prices was reduced and they were about to move, Yin Jun specifically told them that the plummeting of the house had just begun, so don't worry.

Most of the employees of the Kirin Group are die-hard fans of Yin Jun, so most of them are obedient, and there are less than a few hundred of them who have bought houses for various reasons.

As a result, until now, when they remembered Yin Jun's words, they suddenly realized.

It turns out that Jun Shao is the one who sees it most really!

So the people of the Kirin Group, no matter how much they wanted to buy a house, they all held back and didn't dare to move.

Even if they have money, they can't afford to plummet by hundreds of thousands, two or three hundred thousand immediately after buying a house!

The steady dog-like mentality of the employees of the Kirin Group has also affected other Xiangjiang people, so everyone watched and waited together.

The person who buys the house is stable.

After waiting for so long, they are not afraid to wait any longer.

Rather than being afraid of waiting, they are more afraid of their wealth shrinking, drastically.

Anyway, it's not a place to live now, and it's not homeless, so it's better to wait and see.

At this time, all the newspapers and magazines, even Yin Jun's own news media, wanted to interview the super-rich man who had previously fiercely criticized the excessively high housing prices in Hong Kong and concluded that the housing prices in Hong Kong would definitely fall.

They wanted to hear something from Yin Jun's mouth.

Most of the unscrupulous reporters actually want to hear Yin Jun bombard real estate again, hoping to hear Yin Jun say that real estate in Xiangjiang will plummet, so that it will be more newsworthy.

But Yin Jun didn't say anything this time, even if he was blocked outside, he walked away with a "no comment".

Yin Jun's abnormal attitude has aroused countless people's speculation.

Some people said that it was Yin Jun's group of elders and friends, including Mr. Huo, Zheng Yutong, Li Chaoren, etc., who asked him not to add fuel to the fire, so he couldn't help but say nothing.

In addition, some people said that Yin Jun was worried that real estate was already like this, and if he told the truth, I was afraid that it would directly cause the economy of Xiangjiang to collapse, so he didn't dare to say it.

Few people thought that Yin Jun thought that real estate would improve.

Yin Jun is a recognized genius of the people of Xiangjiang, and he has always advised everyone not to rush to buy a house, but not many people listen to him.

Now that the disaster has come, everyone has turned out all his previous words and published them in newspapers and magazines, which shocks the people of Xiangjiang.

So, there was no need for Yin Jun to say anything more, and everyone understood what Yin Jun meant.

They really guessed right this time.

The most important reason why Yin Jun is reluctant to express his opinion is that he feels that Xiangjiang's real estate is going to be reshuffled anyway, and it is useless to say anything to himself, and there is no need to offend people.

The mentality of buyers with money in their hands is completely different from that of those real estate developers.

The financial pressure on them is terrifying, otherwise they would not have given up so many benefits to reduce the price some time ago.

Now that the external environment has deteriorated terribly, the banks in Hong Kong have collectively cancelled long-term loans, which has dealt an even worse blow to them.

What should I do?

During this week, the various real estate associations in Hong Kong have been meeting day and night to discuss a solution.

Because if you don't want to find a way, few of the real estate developers in Xiangjiang can survive.

Yin Jun also went to the meeting.

It's just that when others asked him questions, the boy didn't speak.

Yin Jun looked very modest.

"You are all elders and seniors, and I, a person who has not even been involved in real estate now, really have no way to give you advice. I'll just listen to it, I need your insights to lay the foundation and plan for my future career. ”

The young man said with a smile, I don't know how many people want to beat him, but they don't dare to get angry.

Yin Jun is not an ordinary person, he is recognized as the third richest man in Xiangjiang!

What qualifications do these people have to teach Yin Jun a lesson?

……

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