Text Chapter 901 The Big Plan
For such a large-scale asset sell-off by Hongkong Land Group, the entire financial real estate market is in an uproar.
When SS Financial Holdings and Suning companies sold assets in Hong Kong and Asia on a large scale, the whole market was directly confused.
You know, it's a crazy time for the big bull market - don't rush in, but still run out? Isn't it stupid?
However, many people seem to forget that the bull market and bear market seem to be just money-trapping things made by these "financial giants". Once these "financial predators" withdraw and the financial frenzy of the bull market begins to slowly recede, you will find that only poor small and medium-sized households are swimming naked on the beach.
There is no doubt that SS Financial Holdings and Suning are both "big guys" who can create a bull market financial frenzy, so now that they have retreated from the market on such a large scale, many people are worried - I am afraid that this is a precursor to a crash.
However, it's really not like it, after all, this time it seems that only SS Financial Holdings and Suning are selling their assets, and other wealthy families seem to be increasing their own industries. Moreover, even if the assets of Hongkong Land Group, SS Financial Holdings, and Suning are sold off this time, there are some local tycoons and big families in Hong Kong who will take over.
So, this shouldn't be a prelude to a big crash, right?
However, even so, in the face of the sell-off of nearly one trillion Hong Kong dollars of assets of SS Financial Holdings and Suning in Hong Kong and the entire Asian region, no one dares to enter and take over on a large scale. If it is said that the previous small-scale pick-up is just that, after all, the magnitude is not large, and it seems that there will definitely be no risk.
However, everyone is not calm at this time, and the trillion-dollar asset sell-off tide makes even the consortium family, which claims to be the upper controller of the market, a little scared. It's very simple, this time it was SS Financial Holdings, a "financial monster", who knows if they are holding back some bad water and bad tricks?
After all, there is no bottom in my heart, so no one dares to take over again!
If you don't understand why SS Financial Holding and Suning companies want to sell assets and withdraw funds on such a large scale, no one dares to take over anymore. Even if SS Financial Holdings had a "criminal record" of acquiring Cathay Pacific Airways with 10 billion Hong Kong dollars, it is still not at ease.
Until, SS Financial Holdings released a super big news, which was a big "reassurance" for all the "pick-up men" who were ready to move and were afraid to move forward!
The International Industrial Development Corporation (IDP), a subsidiary of SS Financial Holdings, has officially announced that it will set off a larger second wave of infrastructure construction in Yuzhno-Sakhalinsk, the largest city on Sakhalin Island, and will build a central urban agglomeration on Sakhalin Island with it as the center.
Well, this news does not seem to be a big deal, after all, the construction of Yuzhno-Sakhalinsk by the International Industrial Development Corporation has been working on it for a long time, and it has been working on the development of the whole of South Sakhalin.
As for North Sakhalin, hehe, it has been turned into a real no-man's land by Blackwater, and has become an important armed export base for Blackwater in the entire Eastern Hemisphere. You know, not only did it train Blackwater mercenaries on a large scale, but it also built a medium- and long-range ballistic missile launch base from Ukraine - this is the most terrifying. Of course, no one really knows what is really terrible about this super-armed base on North Sakhalin, even if the people of Blackwater know about the supply of the company's armed forces, but only a few people know about the nuclear bomb power here.
However, these are not the main points, what really shocked the whole world was the next announcement of SS Financial Holdings and the International Industrial Development Corporation......
SS Financial Holding has approved the overall construction plan of Yuzhno-Sakhalinsk by the International Industrial Development Corporation, and has decided to make every effort to build it into a world-class "gambling city" centered on spinach.
Rumble......
This news is so shocking, no one expected that the International Industrial Development Company or SS Financial Holdings would play so big this time, and actually want to create a "gambling city". You must know that the world's three major gambling cities Las Vegas, Monte Carlo, and Macau are not smashed out with money, although their income can be said to be a daily profit, but the early investment is definitely not something that ordinary people can afford. The most important thing is that a "gambling city" wants to make a lot of money, the "spinach industry" is just a gimmick, and it is the tourism industry that really drives the development of the whole city.
There are many requirements for tourism, whether it is the city's infrastructure, or related supporting luxury hotels, entertainment facilities, leisure attractions, etc., it takes a lot of money to get it. This "big money" is not as simple as billions or tens of billions in the general sense, after all, it is a city, and it is also a "gambling city" with extremely high requirements for hardware and software facilities.
Then the funds needed must be in the order of 100 billion or even trillions!
In this way, the large-scale asset sale of SS Financial Holdings was explained clearly, and it was clear that they were raising funds for the construction of Yuzhno-Sakhalinsk, no wonder it was such a large-scale asset sell-off. Since this is the case, then the asset sell-off of Hongkong Land Group and the SS Financial Holding and Suning companies behind it can be taken over.
After proving that the "conspirators" of SS Financial Holdings seem to have no conspiracy this time, these "pick-up heroes" who have been eyeing them all the time are like chickens, frantically rushing to take over. After all, these are all assets that can be included in the eyes of Hongkong Land Group and SS Financial Holdings, how can they be bad, it would be a fool not to accept it at this time.
Therefore, for a while, the "big supermarket" of SS Financial Holdings was simply full of guests, and the rich families with a little bit of qualifications wanted to buy something from this big supermarket. From Hong Kong to Wanwan, from Singapore, Malaysia and Thailand to Indonesia, from Japan and South Korea to Southeast Asia, the wealthy families of all over Asia seem to have been mobilized, and they all want to buy something from SS Financial Holdings - whether it is a real estate project, or a financial investment, or company shares, etc., anyway, anything goes.
This frenzied asset sell-off will continue from January '97 to mid-to-late June, when SS Financial Holdings has disposed of almost all the asset projects listed for sale. In the past few months, SS Financial's assets in Asia have been shrinking almost every day at a rate visible to the naked eye, as if a sheep that has not been sheared for N years is now being sheared.
Soon, SS Financial's assets in Asia have been streamlined to the point that they cannot be streamlined, except for the core assets that are absolutely impossible to move, almost all other marginal assets have been disposed of at high prices. As a result, although it seems that the strength of SS Financial Holdings in Asia can be said to have declined sharply, it even looks half-dead.
However, in fact, this is not the case at all, although the assets in the hands of SS Financial Holdings seem to have been sharply reduced by more than half, but what they have cleared are all projects that have been invested at the bottom - now they are basically several times or even dozens of times the profits, what reason is there not to distribute at a high level?
What's more, although SS Financial Holdings' assets have plummeted, they have the most important thing in their hands - cash.
SS Financial Holding has such a large amount of cash, isn't it still doing whatever it wants?
Cash is king!
Compared with such a large-scale asset sell-off and return of funds by SS Financial Holdings, the asset sell-off of Suning's company is really not even a fart, it is really a small thing, and it is not worth mentioning. There is no doubt that the two cannot be compared at all, after all, Suning's company is mainly based on industry, and although it has done a lot of investment, it certainly cannot be compared with SS Financial Holdings. However, even in the industry, especially in the real estate industry, Suning's company has started a large-scale purge of a large number of asset projects, and the intensity is absolutely unique.
Anyway, even the senior leaders of Suning's companies are a little confused, but it is said that it is a direct order from Suning's headquarters in the north, requiring the fastest speed to deal with marginal assets and quickly return funds. Under the orders of the mainland headquarters, Suning's companies in Hong Kong, Macao, Taiwan, Singapore, Malaysia, Thailand, Japan and South Korea immediately plunged into a frenzied asset sell-off.
But fortunately, the asset sell-off of Suning's company is not as rampant as SS Financial Holdings, and because SS Financial Holdings is shielding him on the bright side, there is not much attention paid to him at all. In this way, Suning's company was able to complete the processing of all marginal assets as quickly as possible, which really returned a large amount of money, which can be regarded as a reserve of enough ammunition for the next big operation.
Moreover, in the International Industrial Development Corporation's plan for the construction of a "gambling city" in Yuzhno-Sakhalinsk, Suning's company also wants to invest a large amount of money here, after all, the construction of this East Asian "gambling city" depends on more than just SS Financial Holdings. Although, after controlling so much money, SS Financial Holding really has the ability to get the whole of Yuzhno-Sakhalinsk on his own, but he wants to be the master of the "casino", not the entire "casino" in his arms.
Besides, any "casino" can develop and become active, and it is absolutely indispensable for all kinds of forces to intervene in it, so Su Chenyu very much welcomes top companies in the "spinach", tourism, entertainment, service and other industries from all over the world to enter Yuzhno-Sakhalinsk and jointly develop this new "casino".
However, although Su Chenyu welcomes the arrival of these capitals, it is still the same sentence, this is his territory, and everyone who wants to make money here must listen to him.
In a word, this future "casino" is his Su Chenyu......