Recently, the aftermath of the salt case in Shanghai's business circles has become more and more violent, and the bankruptcy of Jin Tong and others in Nanxun Baniu has further collapsed the already fragile Shanghai capital market, and Shanghai's land prices have fallen sharply, which has made more money banks strained.

It's a vicious cycle in which even businessmen who weren't involved in the salt case are implicated.

The land price of Shanghai Huajie has fallen to the price of vegetable land, less than 10% of what it was half a year ago, because Tang Tingshu and Gu Shousong's concession properties were not confiscated in the salt case, which made Jiangsu and Zhejiang businessmen believe that the land in the concession has a special investment value, and the land price in the concession is still maintained at the original 40%.

According to the current trend, as long as the current turmoil is overcome, there is still a lot of room for land prices in the Shanghai Concession to increase in value.

Hu Chuyuan decided to buy Shanghai real estate on a large scale and make a lot of money, so he personally returned to Hangzhou and contacted more than a dozen Hangzhou businessmen through his fourth uncle Hu Yueqiao, asking them to buy Shanghai land with appreciation potential as middlemen.

Of course, the focus is on Yangpu District, where cabbage prices are priced.

Just when Hu Chuyuan was quietly buying the Shanghai real estate, the situation on Xu Run's side was becoming more and more critical, and the high debt and low-cost real estate had turned him into a person with negative equity.

Forced by the creditor to be cornered, Xu Run could only continue to come to Hu Chuyuan, or rather, he wanted to borrow money again.

These days, the main hall and the south park of Yongyuan are under intense construction.

Hu Chuyuan worked in the Yinghua Pavilion and also received Xu Run here.

As soon as he stepped into the French-style living room of this villa, Xu Run couldn't wait to say to Hu Chuyuan: "Hu Shao, you must save me, this time, I am really unlucky!" ”

"Sit down, sit down!" Hu Chuyuan asked Xu Run to sit down quietly, and comforted: "With me here, what are you in a hurry?" ”

Hearing this, Xu Run's whole person seemed to be about to ascend to immortality.

He said: "Hu Shao, it's great to have your words." You also know that two months ago, my entire worth was still 10 million taels of silver, and when I ate Tang Tingshu and Gu Shousong's real estate in the concession, the total market value could be as high as 18 million, although I also owed a huge amount of debt, but no matter what, I could still have assets of 7 million taels of silver, right? It's good now, negative equity is a few million taels of silver. More than a dozen money banks are asking me for money, and Crédit Hong Kong is also asking for money, I can't pay it back, but once I pay it back, I can only go bankrupt! ”

Hu Chuyuan sighed: "Boss Xu, since I know you, you come to me three times, and there must be one time to borrow money!"

Xu Run was puzzled, he thought about it himself, and it seemed that it was almost this frequency.

Hu Chuyuan continued: "You still have to think about it once, how much money is still missing!" ”

Xu Run smiled bitterly and said, "To tell the truth, I really have a debt of 2.7 million taels of silver right now that must be repaid immediately, and if I don't pay it back, others will go bankrupt." In addition, there are 1.5 million taels of silver debts from Crédit Hong Kong Bank, and 2.4 million taels of miscellaneous debts. Two months ago, I was able to pay it back, but now, even if I sell all the more than 2,400 acres of land I hold, it will only be the market value of 5 million taels of silver. I've been working for almost nothing for twenty years now, penniless. ”

Hu Chuyuan asked, "Didn't I just give you 850,000 silver a few days ago?" ”

Xu Run sighed slightly and said, "Where is enough?" ”

Hu Chuyuan sighed again and said, "I have also made a big move recently, and I need a lot of money to operate, but I can't help you." In this way, you can think of a solution to the problem, lest I lend you a lot of money again and again, and I don't know when I will be able to fill this bottomless pit. ”

Xu Run was slightly stunned and said: "I thought about it before when I came to you this time, I want to concentrate all the real estate under my name in one company, with a total market value of about 6.3 million taels of silver, and you pay 2.7 million taels of silver to buy 42.85% of the shares." As long as you have a stake, Crédit Hong Kong and other businessmen will not rush to ask me for debts, and everyone knows that you have the most abundant capital. After a year, after surviving this turmoil, the real estate in the concession will definitely be able to return to its original price, and by then, you will be able to earn at least four million taels of silver. ”

Hu Chuyuan said: "It's okay, but I won't directly invest in this company in my name, on the surface, it is still a company held solely by you, but your debts will be guaranteed by me." In addition, I have decided to buy Shanghai real estate, but don't tell the outside world, just use your shell real estate companies to help me buy land, and continue to use your name. For each purchase, I give you a 3% management fee. ”

Xu Run was very happy and praised: "Hu Shao, you really found the right time to enter Shanghai real estate at this time, after this village, there will be no such store." It's a pity that my funds are all trapped, and if I still have two million taels of silver, I will immediately buy the bottom. ”

Hearing what he meant, he still wanted to borrow money to copy the bottom together, Hu Chuyuan said: "I will buy Xia Si soon, and I will definitely prepare a large amount of money, so it is impossible to continue to lend you money for the time being." ”

Xu Run hurriedly explained: "Hu Shao, if you can help me keep my current net worth, I am already grateful." To be honest, this year is indeed the best time for you to regain the raw silk market, on the one hand, to buy the bottom of the real estate, on the other hand, to regain control of the raw silk, both sides need a huge amount of working capital, it is really not a good choice. ”

Hu Chuyuan smiled bitterly.

He just made a difficult appearance to show Xu Run, for him who had Fukang Money Village and Gongji Pawnshop to mobilize funds, he could do it both together.

After sending Xu Run away, he continued to increase his efforts to acquire land in Yangpu, and at the same time began to plan this summer's raw silk acquisition war...... This time, he won't continue to be a bystander.

A few days later.

Sensing that the turmoil in the salt case was about to reach the bottom, Hu Chuyuan contacted Pang Yunhong and Lu Xiyuan, who were wealthy gentlemen in Nanxun, to provide them with debt guarantees, temporarily avoiding the bankruptcy of the two, and reached a long-term favorable cooperation agreement with them.

After all, he still has to do business in Nanxun, and he can't offend everyone.

A.D., May 6, 1897.

In the fifth year of Guangxu, the sixteenth day of the leap month was the beginning of summer.

The U.S. Minister Extraordinary and Plenipotentiary to China, GE-F. Seward, formally submitted an application to Yang Changjun of Shanghai Daotai for a new concession, which reappeared every few years, and it would take several years for an agreement to be reached.

However, the speed of the negotiations this time was very fast, and after half a month of negotiations, the two sides signed the "Agreement on the Addition of New Concessions and the Qing-US Trade Supplement," adding an area of 3,720 mu to Yangpu, and the United States gave China the most-favored-nation treatment of raw silk and tea for 10 years.

Stimulated by this good news, Shanghai's economy immediately picked up at an astonishing rate!!

At this time, the annual silk harvesting war also officially kicked off.

Mr. Jacob Elias Sassoon and Sir James Johnston-Keswick held a meeting of the Shanghai silk industry, and unanimously stated in a high profile that they would send their compradors to Nanxun and Suzhou to buy raw silk.

In short, Hu Xueyan's son cannot be allowed to grasp the hegemony of Jiangsu and Zhejiang raw silk in any case.

This was a unanimous decision of all foreigners, and Mr. Fester-Delano, the new U.S. Consul General in Shanghai, was also listed as a guest of honor at the meeting.

After the meeting, the compradors in Guangdong, headed by Zheng Guanying and Tang Ruizhi, were overjoyed as if they had received the holy decree, because it meant that the foreign bank would give them more funds and power, and use the money of the foreigners to make moves with Hu Chuyuan, which was exactly what they wanted.

The Ningbo merchant gang led by the Zhenhai Fang family laughed.

Didn't Hu Chuyuan say that he wanted Jiangnan Commercial Bank to set foot in the five major industries of salt, silk, tea, cotton, and sugar? Doesn't it mean that every industry should be the best and the biggest? Let's take a look and see if he can get past the raw silk first.

Didn't Hu Chuyuan say that he wanted to build Fukang Money Village into the first money village in the south of the Yangtze River and surpass the nine big money houses in Shanghai?

You must know that Ningbo people account for six of the nine major money villages in Shanghai.

Among the six major money villages, the new Fang family and the old Fang family each accounted for three, not coincidentally, they and Hu Chuyuan lived on the same Ningbo Road, everyone really looked up and didn't look down, but fortunately, Hu Chuyuan usually didn't go out.

It was chaotic enough, but Sheng Xuanhuai quietly arrived in Shanghai and lived in Zheng Guanying's mansion, holding a silver ticket of three million taels in his hand, as well as more than two million taels of public funds from the Shanghai Steamship Bureau.

Didn't Hu Chuyuan say that he wanted to win the right to sell Shandong Salt Industry?

Okay, then let you take care of yourself first!

Of course, these people all understand that it is a foregone conclusion that Hu Chuyuan will restore the domineering spirit of his son Hu Xueyan and take away half of the silk industry in Jiangsu and Zhejiang...... These factors determine that he is very difficult to stop.

But the price always has to be paid, and it will be a lot of price, and a little carelessness can make him lose a lot and hurt his vitality.

Everyone remembered what Tang Tingshu once said - Hu Chuyuan, this kid is too lonely, if he becomes the climate, everyone will not have a good time.

We can't let the "Hu bandits" monopolize the silk industry in Jiangsu and Zhejiang, absolutely not, otherwise...... What will you rely on to make money in the future?

Layout!

In the midst of the uproar, the funds that had been tightened for several months began to loosen, and a large amount of funds poured into Jiangsu and Zhejiang with the pace of foreigner compradors and Ningbo merchants, all wanting to grab as much share as possible before the full listing of raw silk.

However, it was soon ...... All the businessmen who rushed into Jiangsu and Zhejiang with large sums of money suddenly found that the market had changed, and this year's raw silk purchase war ...... It seems that it can't be fought, and there is nowhere to spend the money.

Half a month has passed, and the raw silk has begun to be fully listed, and Jardine Matheson, which is at the forefront, is the first to suffer a loss and the first to retreat.

Sassoon, Wanbao & Co...... This is a close second.

Finally found that the situation this year was extremely strange, and the foreign banks withdrew from the acquisition war one after another, withdrawing back all the funds originally handed over to the compradors, and instead taking the lead by Qichang Foreign Bank, first reaching an agreement with Hu Chuyuan to pay different purchase prices according to the market rules formulated by Hu Chuyuan.

As soon as the foreigners withdrew, the Ningbo merchant gang was lonely, holding a lot of money in their hands but not knowing how to start, raise the price...... Don't dare to raise it, don't raise the price, you can't get a pound of good silk.

A strange scene happened, in this year's raw silk purchase war, the major protagonists in previous years could only sit next to the play and watch the Jiangnan Commercial Bank and Jiangnan Silk Industry Cooperative roll away most of the raw silk.

Terrible?

All the silk merchants couldn't figure it out, and all the silk sellers were confused...... Could it be that from this year onwards, the silk industry in Jiangsu and Zhejiang will be decided by him Hu Chuyuan alone.

How so?

Many people can't figure it out, what's wrong, this year's raw silk market is too terrible, can't you buy raw silk if you have money?

Perhaps many years later, this year's acquisition of raw silk in Jiangsu and Zhejiang will become a classic case, forever remaining in the textbooks of Harvard and other famous business schools.

Hu Chuyuan taught everyone a very classic lesson...... Only by setting rules can we control the market.

In just half a month, Hu Chuyuan purchased 630,000 catties of super-grade raw silk, 2.37 million catties of first-class raw silk, 720,000 catties of second-grade raw silk, and 50,000 catties of third-grade raw silk through Jiangnan Commercial Bank and Jiangnan Silk Industry Cooperative, totaling 3.77 million catties, accounting for 74% of the spring silk output of Jiangsu and Zhejiang provinces this year.

How can this be?

Everyone doesn't understand, confused!

Is there a mistake?

Fortunately, the export price of raw silk given by Hu Chuyuan to the foreign industry alliance is not high, and it generally maintains the standard of previous years, with 6.8 taels per catty of super-grade raw silk, 5.2 taels per catty of first-grade raw silk, and 4.5 taels per catty of second-grade raw silk.

Because only China can appear real special silk, Hu Chuyuan will be the price of special raw silk is relatively high, the first grade silk is mainly Taihu silk, the quantity is larger, the price is set at 5.2 taels.

Through the huge price gap, he intends to stimulate silk farmers to pay more attention to quality.

There is no export pricing for three-grade raw silk, because foreigners do not want it, in the process of machine reeling, the quality of three-grade silk is very unstable, and it has always been the weakness of the machine industry that it cannot be finely processed according to its characteristics.

Well, admit you ruthlessly.

Almost everyone can only sigh like that.

Everyone knows that Hu Chuyuan will be tough, but it is really unacceptable to be fierce to this extent.

Everyone just doesn't understand, why did he lose to him collectively for some reason, isn't he just a person?

The foreign banks were all apprehensive, secretly gasping for breath, originally thought that they would suffer a big loss, but they didn't expect that Hu Chuyuan was quite a traitor, and sold raw silk to them for this small profit, and they could make a huge profit of more than 3 taels of silver per catty by selling it abroad, and if they reeled silk in Shanghai, it was nearly 10 taels of silver at an international price of nearly 10 taels of silver.

They're just worried...... Next year, will Hu Chuyuan sell silk so cheaply, the silk industry in Jiangsu and Zhejiang has already fallen into his hands!