Part 10 Chapter 22 The Eve of the Collapse

When things come to this point, it is no longer 6 Jianhui and Wei Jiahua, the senior staff in Jinghai, can decide, they returned to the Yincheng Hotel, held a video conference with the provincial capital in the exclusive conference room of the Yincheng Hotel, and reported the recent trends of the Jinghai property market and the tough attitude of Liantou on the opening of Century City. Pen "Fun" Pavilion www.biquge.info

In addition to the direct equity investment of more than 4 billion yuan in Jinghai Construction by Shen's Real Estate and Antai Investment, led by the investment department of Shen's Group, the hot money that entered the Jinghai property market exceeded 8 billion, accounting for almost 4o% of the first three quarters of Jinghai real estate transactions, counting other hot money that followed the trend, and the total transaction volume of 2oo in the Jinghai property market in the first three quarters accounted for more than 7o%. This is a rather terrifying data, in the case of a slight decrease in the total area of transactions compared with last year, the average price of the Jinghai property market has been raised by 4o%.

All industry analysts believe that the Jinghai property market will usher in a crazy **, followed by the Lingluo depression after the storm, all the hot money that was encouraged by the Shen family to pour into the Jinghai property market did not expect to be stuck before the ** came......

"Century City can't open a market?" A middle-aged man appeared on the LCD screen and asked loudly: "Didn't Shen swear and promise at the beginning, why did there be an accident that Shen couldn't control?" ”

6 Bingqian couldn't digest the information that 6 Jianhui and Wei Jiahua told her at this time, and in the face of other people's doubts, she didn't have the calmness and confidence she used to have, and hesitated for a while before saying in the video: "The opening of Century City can't be delayed indefinitely, of course, time delay is not completely beneficial to us." We all believe that this round of property regulation is unlikely to have the desired effect, but it will take time to prove it to the citizens, so we also need some time to wait for the wait-and-see mood to subside......"

"Who knew that Liantou's delay in the opening of Century City was not time for the Jinghai municipal government to prepare measures?" The middle-aged man asked 6 Bingqian in turn: "Shen Shi takes this into account, or has Shen Shi lost the ability to control the overall situation?" ”

"Could it be a delaying tactic from the United Investment?" 6. Zhongda's forehead was buried under the video, and he looked up too close to the edge of the video. The sunken eye sockets appeared on the screen as if they were enlarged, making people quite uncomfortable to watch: "We all know that taking two billion yuan to buy wetlands, jungles, artificial islands, lakes and manor villas in the southeast is definitely a discounted deal." Although 2 billion is just enough for the development cost of wetlands, jungles, artificial islands, lakes, and manor villas, the greatest value of this area is not in itself, but in the additional role of increasing the value of real estate in other areas of Century City, because of the existence of wetlands, jungles, and artificial island lakes. As a result, the value of real estate in Century City has been greatly improved, and the distribution of real estate in Century City is mainly within the scope of the wetland jungle in the northwest, with only 48 manor villas. ”

"Why can't Liantou continue to open high-end residences in the wetland jungle?" Once someone raises doubts, doubts and doubts will continue to come out: "Isn't that land has the potential to open high-end residences?" ”

6 Zhongda shook his head and said: "Jinghai Jianzong has spent a lot of effort on the transformation of that area, limited by the transformed geographical environment, the scale that can be opened will not be too large, and it will also be saved by the villa. Profitability is quite limited. With Liantou's experience in real estate development, I believe that the same two billion investments in other places will yield much higher returns......"

6 Zhongda's words were explained to outsiders, and 6 Bingqian felt a chill in her heart when she heard it. Just as Shen can suppress Liantou regardless of risks, why wouldn't Liantou suppress Shen regardless of gains and losses? But back to the point, did Liantou have this huge amount of money in its hands, or did it mean that it was a ploy set up by Liantou to speculate that Shen would block the acquisition plan at the board of directors and the next extraordinary shareholders' meeting? Just like 6 Zhongda and they thought, Liantou could not use the bluff of the acquisition plan to delay time.

The transaction volume of the Jinghai property market has always been unable to be further enlarged because of the delay in the opening of Century City, and in order to maintain or even further raise the current high housing prices of the Jinghai property market. It will require a huge amount of further investment; As time drags on, the patience of speculators will be severely tested, especially by small, unorganized investors who will lower their prices. You must know that at this time, the Jinghai property market has not yet appeared on a large scale, and the real receivers are all hot money, and the consortium holds up small investors to put the price on the market. It will increase the financial burden of the hot money consortium and further intensify the wait-and-see sentiment in the Jinghai property market. Once the Jinghai Municipal Government chooses the right time to attack, it is very likely that tens of billions of hot money will be set up in the Jinghai property market.

Of course, once Lin Quan is not bluffing, he and the Lin Foundation will really spend $240 million to buy Century City

The opening sales of assets such as wetlands, jungles, artificial islands, and lakes in Century City will inevitably be delayed until after the spring of next year, and after the wetlands, jungles, and artificial island lakes are separated from Century City, the housing prices in other areas of Century City will be suppressed to a certain extent. Before, the wetland, jungle, and artificial island lake belonged to all the owners of Century City, and then the wetland, jungle, and artificial island lake were absolutely private domains, and even if Century City opened early to the end of the year, they didn't want to offer the high price they envisioned. The desire to use Century City to leverage the Jinghai property market has naturally become a phantom in the water. Moreover, because of the launch of the Century City, the supply of the Jinghai property market will suddenly expand, which is also an unimaginable consequence.

Of course, Jinghai Construction's income from this project will not be reduced, which is why the acquisition plan is likely to be approved by the extraordinary general meeting of shareholders.

For the Shen family, there is no room for them to choose, they can only bet that the so-called acquisition of the United Lin Foundation entrusted by the United Investment is nothing but Lin Quan's bluff. At the board meeting the next day, Shen's Real Estate and Antai Investment were forced to vote in favor of the overall acquisition proposed by Liantou through the United Lin Foundation, but Shen's Real Estate and Antai Investment demanded their requirements: the United Lin Foundation must provide a letter of guarantee within five working days, and issue a short-term letter of credit to Jinghai Construction General Manager in full within ten working days.

Since the prostitution incident, various events have overwhelmed the Shen family, consuming a lot of money, but they are still lagging behind, and they have to make a passive choice.

When you look into it in detail, there is a contempt for the new conglomerates by the traditional conglomerates, so that it is too hasty to take action.

After Shen's efforts to mobilize nearly 10 billion funds, they took it for granted that the joint investment system could not even take out half of the funds to compete with them. In 6 Bingqian's heart, she even hoped that Liantou and Shen's would fight hard, and it would not be an option to lose both sides. In her opinion, Shen's ability to resist blows is far stronger than that of Liantou. Shen's mobilization of tens of billions of funds, the capital can still be maintained, and the joint investment will take out an additional three or four billion funds, and its funds will be in a precarious situation.

When Liantou proposed to use US dollars to acquire assets such as wetlands, jungles, artificial islands, and lakes in Century City, 6 Bingqian vaguely thought that she might have lost completely this step.

There is only one chance, and if you get wrong, you will always be wrong, unless you break your arm and leave the game.

Of course, after the plan of the joint Lin Foundation is approved, the share price of Jinghai Construction will be affected by this news, and the outstanding shares absorbed by the Shen Group in the early stage will also be a good opportunity to leave the market, but the 6 family will obviously not retreat before the real defeat comes, after all, the Shen family has invested a huge amount of money in the Jinghai property market, and the reputation of the Shen family over the years does not allow them to withdraw at this time.

At the request of the board of directors of Jinghai, the United Lin Foundation is required to provide a letter of guarantee within five working days, and within these five working days, Xinghu Construction Group, which has been planning for a long time and includes Xinghu Holdings, Haocheng Construction, Jiacheng Construction, Qinglonghu Construction and other companies, announced the establishment of Xinghu Construction Group, which is one of the large-scale comprehensive development groups, with assets of more than 30 billion yuan. On the day of its establishment, Xinghu Construction Group announced that in order to avoid repeated competition among its subsidiaries in Jinghai City, it would merge the former Haocheng Construction and Jiacheng Construction to form a new Kai Group, specializing in the construction and development of small and medium-sized residential buildings. On the same day, the Jinghai Municipal Government initialed a 600,000-square-meter low-rent housing construction agreement and a 600,000-square-meter affordable housing construction agreement with Xinkai Group. On the same day, the Jinghai Municipal Government held a press conference to announce that the Municipal Government will take strict economic control measures in response to the current unreasonable increase in housing prices, in addition to signing a contract with Xinghu Construction Group for the construction of low-rent housing and affordable housing, it will also use 2 billion yuan of funds to directly acquire more than 400,000 square meters of small and medium-sized commercial housing from Xinghu Construction Group at a price 25% lower than the current average house price, so as to supplement the supply of affordable housing this year. This batch of affordable housing will be offered to low- and middle-income families at the price before the sharp increase in housing prices at the end of April, and the tax reduction of affordable housing will be the same as the price at the beginning of the year when Shen intervened in the Jinghai property market.

Everyone thinks that this is the eve of the collapse of the Jinghai property market......