Chapter Seventy-Two: Successful Dipping
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In the economic crisis that swept the world, the U.S. financial industry suffered a heavy blow, and Qin Ran's old friend Goldman Sachs Group was not having a good time. www.biquge.info Goldman Sachs' stock price is plummeting, the shareholders on the board are helpless, and it is said that it will face a special investigation by the U.S. government.
At this time, Qin Ran extended a helping hand to Goldman Sachs, and he planned to invest $3 billion in it to prepare for long-term investment. After passing the qualification review, Qin Randijia's status as a citizen met the requirements of U.S. law, so Goldman Sachs and Qin Ran reached an investment agreement.
Qin Ran injected $3 billion into Goldman Sachs, and in return, he received $3 billion of Goldman Sachs' preferred stock; At the same time, he was granted a common stock purchase warrant, allowing him to acquire another $3 billion worth of Goldman Sachs common stock at $115 per share, even though the stock was trading at $125 per share at the time. For the preferred shares, Goldman Sachs promised to pay an annual investment dividend of 10%, but it has the right to buy back the company's shares at any time at a consideration of $3.3 billion. As for the common stock purchase warrants, if Qin Ran buys them all, he will become the fifth largest shareholder of Goldman Sachs Group. By the way, Warren Buffett, the god of stocks, also signed an agreement with Goldman Sachs on the same day to invest $5 billion in it, and the terms of the contract are more favorable than Qin Ran's.
As a top player in the global financial world, Goldman Sachs controls the entire world market in its hands, and now taking advantage of its difficulties, Qin Ran has entered it and become a major shareholder, which will only have benefits and no harm for him in the future.
When Goldman Sachs' management announced a huge injection of funds, the stock price finally stopped its downward trend and staged a small rebound.
Economic globalization has led to the death of countries and the cooling of China's economy, and the real economy, including the real estate market, is facing the biggest challenges in history. Many domestic real estate companies that originally planned to go public in Hong Kong have given up their plans to go public, because financial institutions are struggling to save themselves and cannot estimate the issuance of new shares.
Jiangnan Group once again expanded against the market, taking advantage of the difficulties of other real estate developers, wantonly mergers and expansions, others were afraid of my greed, and once again staged a good show of successful bottom-taking. Many companies staged a request for help from Jiangnan Group, and the shortage of cash became the key to their survival, taking this opportunity Jiangnan Group to invest in several potential real estate companies. It is a strategic investment, and they will sell their shares after they are successfully listed.
Xie Xinhong was already numb, he watched the family's businesses being merged and bankrupt, the emaciated camel was bigger than a horse, and many people, including internal family members, pounced on the Xie family consortium, which was already dying, and devoured the corpse of this giant beast that fell from mid-air because it wanted to ascend to the sky in one step.
Born at the wrong time, he was defeated, defeated by the sudden economic crisis, if the crisis came 2 years later, then the Xie consortium would definitely have the ability to resist the past. But the reality is that there are not so many ifs, there are only wins and losses in the business field, there is no right or wrong, and this sentence sounds more like a sarcasm of oneself.
Even if all the companies go bankrupt, Xie Xinhong can still live better than most people, because the insurance trust fund left by the family is enough to maintain his relatively decent life. However, the unified consortium founded by the original family completely collapsed, and many small and medium-sized enterprises were formed that fought for each other and their property rights fell into the hands of others. The three trump card pillars of rubber, papermaking, and beverages, which were proud of themselves before, have all disappeared, and the Xie family has actually gone bankrupt and declined. He would really be in the textbooks of the business school of his alma mater, but only as a counterexample.
Mike Tang announced his resignation when Xie Xinhong stepped down as chairman, patted his ass and left, and returned to the United States to continue looking for the next boss to follow. Suspicious people don't need to be suspicious, this old saying, Xie Xinhong feels that why he still can't understand it.
Until now, he didn't know that he had fallen into the trap that Qin Ran had already set, maybe he didn't know the truth for him, and he felt that he would feel less wronged and uncomfortable if he was defeated in the hands of God.
Yinguang Group also took the opportunity to grab a lot of Xie family industry, and Indonesia's Wang family business was also swallowed up a lot, and the culprit who caused the car accident was also sent to prison by Wang Hongyi.
On July 8, 2008, although the economic crisis was still raging around the world, there was a joyous scene in Hudong City.
The world's sixth Disneyland, jointly built by the Hudong Municipal Government, The Disney Company and Jiangnan Group, has finally opened for trial operation in Hudong City. This huge project cost nearly $32 billion in actual investment, making it the largest project in the world for any Disney park. Originally scheduled to open on May Day, I didn't expect the construction period to run into trouble, and in the end it was 2 months late, after all, this park uses more of the world's cutting-edge high-tech to build.
Despite the investment of 32 billion yuan, the Hudong municipal government and Jiangnan Group have already recovered their respective investments. When the Disney project was announced, the land in the surrounding plates had immediately appreciated, and the Hudong Municipal Government had recovered I don't know how many 32 billion yuan just by selling the land, not to mention that the future benefits of employment, tourism, and taxes brought by Disney had not yet been converted, and the most important thing was to enhance the world influence of Hudong City.
Jiangnan Group has already built many residential communities around Disney and landed a new Jiangnan Plaza through the relationship between the Hudong Municipal Government, and the 9% equity investment in the Disney project has already made a lot of money. When the announcement of its participation in the Disney project, Jiangnan Real Estate's stock has already risen wildly, and the capital invested in the stock market performance alone is enough to recoup the capital.
The trial operation of the park is limited to 20,000 tickets per day, mainly for relatives and friends of about 10,000 employees in the park to experience first. The trial operation will last for 25 days, followed by a one-week break, and the park will officially open on August 8 at the same time as the Tianjing Olympic Games. The Olympics will attract visitors from all over the world, so they are a great source of visitors to Disneyland.
During the trial operation, the number of visitors used up to 20,000 tickets every day, and many people in Disneyland have long heard of it, so they brought their families to the park when they had the opportunity to visit. In order to test the pressure operation, the number of people restrictions was lifted in the last few days, and the maximum reception capacity reached more than 120,000 people.
On August 8, 2008, a day to be proud of all Chinese, the world-renowned Summer Olympics were finally held in Tianjing, the capital of China. This is a symbol of a country's strength and a display of a country's image, and China has offered its best to people around the world to appreciate. In the midst of the global economic downturn, the Olympic Games have given everyone a chance to take a breather.
Disneyland officially opened, with more than 60,000 visitors on its first day, and this is on the premise that the park deliberately limited the number of visitors. It seems that Disneyland has quickly found its proper position in China, and it has become a popular tourist attraction in China.
In response to the economic crisis, the central government has issued an investment policy of 4 trillion yuan, determined to use investment to pull China's economy out of the quagmire as soon as possible. Driven by this spring breeze, many dying real estate companies finally survived the long winter, and when they entered the market, they found a more powerful Jiangnan Group.
Driven by the investment of 4 trillion yuan, large-scale investment infrastructure projects have been launched in various places, such as high-speed railways, highways, ports, airports, and subways. This has made the Hujiang Metro Company, a joint venture between Jiangnan Real Estate and Hudong Metro, receive many large orders, and the prefectural government favors this win-win cooperation model of the three parties. Jiangnan Group began to gradually participate in the government's public planning, and designed and planned for the development of new urban areas, and gained the reputation of a new city operator.
Jiangnan Film and Television has launched a plan to go public in Hong Kong, and with its strong capital strength in recent years, Jiangnan Film and Television has become the largest film and television company in China. Whether it is content production, or theater resources, or artists and stars, they are all well-deserved giants in the industry. Despite the influx of domestic capital into the film industry and the construction of new cinemas, Jiangnan Film and Television still occupies more than 25% of the domestic film screen. The company has also expanded its business to the television industry, with the purpose of creating high-quality dramas, and nearly 10 TV dramas are completed every year, at least one of which has become a national drama of the year. Every year, newcomers emerge in Jiangnan Film and Television's TV and movie programs and become popular fried chicken.
It is expected that Jiangnan Film and Television will be officially listed on the H-share market in 2009, and there will be another listed company under Qin Ran.
It was followed by the Jiangnan Hotel, and after the flowering of Jiangnan Square, the hotels of Jiangnan Group also took root in the country. Now it has formed a unified brand of 47 five-star hotel alliances, 32 four-star hotel alliances, with a total of more than 40,000 beds. These hotels are located in the bustling areas of every city in China, and it is expected that in another three years, Jiangnan Hotel will become the world's largest five-star hotel group. At the same time, Qin Ran has now begun to prepare for the acquisition of the internationally established hotel management group, which not only needs their rich management resources, but also favors their hotel assets located around the world. Qin Ran's goal is to find hotels with the Jiangnan Hotel Alliance logo for Chinese tourists to stay in the future. Big tourism, big hotels, big real estate, is the future development direction he determined.
In the whole group, the only laggard is the property management company, which needs to be subsidized by the group every year, otherwise the property fee income alone cannot support the development of a virtuous cycle. Property management is related to the reputation and satisfaction of Jiangnan Group, so although Qin Ran has the will to put them out, the hematopoietic function is still not good now, and it is impossible to survive in the market. An important factor here is the existence of the government's highest guide price, and the government has adopted a pricing guidance model for the property management market, which has lagged far behind the current level of property development. Jiangnan Group's subsidiaries are basically high-end properties, and in order to maintain customer satisfaction, they have always tried to do their best, and the cost is higher than that of other companies, so the property fees charged cannot be the same as the expenditure. This part of the business takes time, and then according to the market after the government liberalizes pricing, property management can not be maintained by the group, and it is always necessary to go out to find their competitiveness.
After dealing with the end of the economic crisis, during Christmas, Qin Ran led the whole family to a French estate for vacation. The little baby who could only babble at the beginning has now grown into a crazy child running around, and his son Wang Jikai and daughter Qin Yezi got off the plane and began to mess around. "Yaxuan" has also completed the upgrade, and has been replaced with a larger and more advanced Boeing custom aircraft, otherwise it would not be able to sit so many naughty ghosts.
"Slow down—"
Qin Ran had to take out his father's majesty and shout, lest they collide with others.
Wang Yaxuan's lower abdomen was slightly bulging, and after her son Wang Jikai grew up, Qin Ran began to consider having a second child, and after unremitting sowing, the land finally sprouted again. Ye Linghan still didn't move here, but seeing her thoughts of not budding and not giving up, Qin Ran felt that marrying two wives was sometimes not a good thing.
As I walked out of the airport, a familiar voice suddenly sounded.
"Wang Yaxuan, is that you? It's been a long time. (To be continued.) )
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