In the following time, the negative reports of the media have come one after another, not only limited to 6 prostitution matters, but even the responsible news of the Shen Group in the past has been excavated step by step, and even special media have investigated the factories under the Shen Group. www.biquge.info In mid-September, the Oriental Metropolis Daily published a special report on the Jinghai property market on the whole page, exposing the Shen Group's suspected illegal speculation in the Jinghai property market, which has caused the housing prices in some areas of Jinghai City to surge by 5o% in the past six months, and suggested that the relevant state departments should investigate the Shen Group's market manipulation.

These negative reports have caused the public image of the Shen Group to plummet, and the most direct impact on the Shen Group is the decline in the stock prices of overseas listed companies.

On September 21, a month after 6 Shugong was detained by Jinghai police, the Jinghai Intermediate People's Court ruled in the first instance that 6 Shugong would have to be re-educated for six months, and that he would have to spend five months in Jinghai No. 1 Labor Camp, after deducting the previous detention time.

In the face of overwhelming negative reports from the media, the Shen Group did not give up the idea of making a fortune from the Jinghai property market. In the minds of the vast majority of the members of the board of directors of the Shen Group, prostitution and prostitution are nothing, but the relevant media seized on this point and made a fuss, apparently out of the intentional arrangement of some people.

"He's so eagerly arranged, what is their purpose," Bingqian sat at one end of the oval conference table, looking at the members of the board, "They want the Shen clan to withdraw from their territory. In the past six years, the original Tianxinghu Real Estate has acquired as much as 8,000 acres of land in Jinghai City, and so far only half of it has been opened, and nearly 4,000 acres of land is enough for them to open a cycle. They don't want us to disrupt their existing pace, so they will use the media, the government. Squeeze out the money we put into the Jinghai property market, we must not do what they want, especially when the harvest is about to come. ”

Hot money plunders a place like locusts and leaves a memorable scar on it. Hot money poured in. The surge in real estate transactions and the explosion of housing prices, developers can also increase the price of the house and obtain high profits. However, for a large real estate enterprise such as Xinghu Holdings, once the land is profitable, it cannot offset the loss after the withdrawal of hot money, and once the hot money is withdrawn, the transaction volume will drop sharply, and the property market will turn into a downturn. For large-scale real estate enterprises, the later development and sales of real estate will be greatly affected, and the loss in this regard will far exceed the profits brought by the explosion of housing prices in the early stage.

For large real estate developers, maintaining a stable growth of a local property market is a good way to obtain the greatest benefits.

Not bad. From all the superficial phenomena, it is pointed out that the big real estate developers in Jinghai controlled by Xinghu are very unwelcome to enter the Jinghai real estate building, and even do not hesitate to use some "despicable" means to face the current pressure, and all members of the board of directors of the Shen Group accept 6 Bingqian's explanation of prostitution and continue to support her to enter the Jinghai real estate market.

Behind all this background. Nantou's auction of Jinghai Construction's total 1.8 billion yuan of corporate bonds was unveiled, and the auction was announced by Jinghai Daily, Jinghai Morning News and other media half a month in advance.

The auction of Nantou is a convertible corporate bond, and in view of the fact that the share price of Jinghai Construction has surged to 11 yuan in September. At this time, the debt-to-equity swap carries a great deal of risk. After the auction, the debt-to-equity swap will not be carried out, and the corresponding corporate bonds will not be repaid until the end of 06, and any interest compensation will be received in between.

The representative of Shen's Group is not Wei Jiahua, the wife and brother of 6 Shugong, but the vice president of Shen's Group, the president of the real estate division, and the chairman of Shen's Real Estate.6 Zhong Dadi's son6 Jianhui 6 Jianhui studied in Australia in his early years, obtained a master's degree in engineering in 02, returned to China, joined Shen's real estate the year before Chen Li, 6 Yiman, and successively served as an intermediate economist and deputy manager of Shen's real estate policy research department, before Chen Li resigned as manager of Shen's real estate planning department and general director of Jinghai Construction, 6 Jianhui took over Chen Lidi's position. 6 Jianhui is the son of 6 Zhongda, but the degree of reuse in Shen's real estate is not even as high as Chen Li, who joined a year later; Chen Li, however, recently left Shen's Real Estate to join Xinghu Holdings, which is a big surprise for Liantou.

6. Jianhui is Chinese New Year's Eve years old this year, with a handsome appearance and extraordinary conversation, known as the rising star of the Shen Group, when the country's measures to regulate and control the property market are becoming more and more intensive, he still believes that the property market will maintain strong growth in the past few years, even if the bank shrinks the bank, it is an excellent opportunity for large real estate developers with abundant funds and debt ratios to monopolize the market.

The representative of Liantou is Li Li, the deputy manager of the investment department, but Lin Quan, as the director of Jinghai Construction and Liantou at the same time, also appeared at the auction site of the exchange, his seat was in the northeast corner of the auction hall, and he could only see Chen Jianhui's side face, tilting his head sideways and saying to Zhang Xiaobin: "6. Jianhui is quite talented, but he has been arranging idle positions, and he has some complaints in his heart, and this time he is full of ambition." Antai Investment and Shen's Real Estate both belong to the Shen Group, but the name is still two, I don't know if they will fight for the vacant position of the chairman of Jinghai Construction? ”

"Shen's real estate acquisition of Nantou's corporate bonds, the implementation of debt-to-equity swap, then the shares in their names are far more than Antai Investment, nominally by Shen's real estate people to be the chairman, but Wei Jiahua is willing to do it at that time, or not. Even in the Shen Group, there are times when the interests are inconsistent, especially when these hot money want to retreat from the Jinghai property market, their priorities are very different, and the position of chairman of Jinghai Construction is quite critical, I think they may fight internally. ”

Lin Quan narrowed his eyes, he knew that that woman had a lot of prestige within the Shen Group, although a sniper was not enough to make the Shen Group collapse, but as long as the woman's prestige was frustrated and cracks appeared within the Shen Group, things would become more and more convenient.

Gu Xiaoling and Liu Zhi were the last to enter the venue, they stood at the door and looked around, and saw Lin Quan sitting in the corner, so they walked to him and sat down.

Nantou's 1.8 billion corporate bonds to Jinghai Construction were marked at an opening price of 1.7 billion, and some people responded to the price, even if no one bided, the auction was still valid. For Nantou, it is still very cost-effective to pay 100 million deductions in exchange for a one-year cycle, not to mention that in the last increase, the market value of 100 million new shares obtained by Nantou was 1.1 billion yuan, an increase of 920 million yuan. Even if the lock-up period ends in March next year, Jinghai Construction's share price will fall by about six yuan, and Nantou will still be able to make a profit of four or five billion yuan.

According to the established plan, Li Li didn't observe the reaction of the group of people in the Shen Group at all, and directly responded to the price 6, Jianhui played with the number plate, hesitated for a while, and waited for the auctioneer to call the second price before raising the bid to increase by only one million. 6 Jianhui's behavior will not put pressure on Li Li at all, 6 Jianhui's license plate has just fallen, and Li Lixun raised his card to bid for an increase of one million. Although Li Li was urgent, he was useless to 6 Jianhui, and 6 Jianhui always bid when the auctioneer called out the second bid and raised the gavel high.

After 361 rounds of bidding in such a boring auction, the price was raised to 2,162 million, and Li Li was still bidding quickly.

Lin Quan spread his hands towards Gu Xiaoling and said, "Sister Gu, you see that my palms are sweating, if that group of people suddenly gives up joint investment, it won't be a loss of 100 million 200 million......"

Gu Xiaoling glanced at Lin Quan and said with a smile: "How much money did you make from the 560 million shares in Liantou's hands, did you have a clear calculation in your heart?" I still feel wronged for Lijing at this time, even if you post some money now, what should you not do. I wish they wouldn't chase the price, just like that, and stop it peacefully, the turmoil in the Jinghai property market can also be a calm curtain call. ”

6, Jianhui raised the number plate again, and raised the bidding price by one million, Lin Quanxun made a gesture to signal Li Li to stop, Lin Quan didn't want this game to end so early.

The small mallet in the auctioneer's hand fell, and the crisp sound of the mallet reached everyone's ears, 6 Jianhui only glanced back at Lin Quan at this time, Lin Quan avoided his eyes, and asked Gu Xiaoling to invite him to dinner: "I am about to leave before I sit on the position of the chairman of Jinghaijian, and Nantou always wants to express his expression for this harvest." ”

In this way, the direct income of the 1.8 billion yuan of corporate bonds that Nantou acquired from Jinghai City Commercial Bank a year ago reached 360 million yuan a year.

Once Gu Xiaoling signed a debt trading agreement with 6 Jianhui on behalf of Nantou, the exchange will deliver the 200 million margin paid by Shen's Real Estate to Nantou, which means that once Shen's Real Estate implements the debt-to-equity swap plan, Shen's Group indirectly controls more than half of Lin Quan, and Shao Bing will also resign as president.

Gu Xiaoling didn't believe it, she looked at Lin Quan: "Are you really willing for them to use Century City to make the Jinghai property market bloody?" ”

Lin Quan spread his hands and said, "The initiative is in their hands, what can I do?" ”

"Then what does Secretary Geng mean by summoning us to Garden Street tonight, could it really be as simple as a family banquet?"

"Hehe," Lin Quan smiled, "Nantou will sell this corporate bond at a good price, and it will always be celebrated, what's wrong with going to No. 5 Garden Street?" ”