Start from 1980

Chapter 741 Business License
In Su Chen's view, there is absolutely no need to deal with this kind of price war now. Although these people want to drag the land down by burning money, he will not lower the price.

Under the price war of several giants, all Hong Kong citizens are just like the Dutch who speculated on tulips back then. Hong Kong people also believe in the miracle of housing prices, thinking that borrowing to buy a house will only make a profit.

So they all ran to the bank to borrow 7% or more of the loan to buy a house, hoping to make short-term profits.

However, the impact of this stock market crash on Hong Kong's housing market is indeed small. As long as housing prices are adjusted by 10% after the stock market crash, they can rebound and rise.

If you borrow money to buy a house now, you can still make money.

Because even during the financial tsunami in 08, the Hang Seng Index evaporated [-]% from its high to low in one and a half years, and the property market was still rising.

And "stocks and real estate fell together" only appeared in 97.

Therefore, this wave of price wars should not last long, because of the "Sino-British Joint Declaration" signed in 84.

This important document, everyone only knows that it will be taken back to Hong Kong, but they don't know that there are many additional clauses.

One of them is specifically aimed at the supply of land in Hong Kong, in order to prevent the Hong Kong British government from selling all the land before Hong Kong's return, and then run away with the money.

We wisely kept our eyes open and stipulated in the additional clauses the amount of land to be transferred each year.

This amount is extremely small, and even basically equal to that from 1984 to 1997, the annual land supply in Hong Kong was strictly limited to 50 hectares.

The annual land limit of 50 hectares, coupled with the influx of foreign capital, has also caused land prices in Hong Kong to rise all the way since then.

The price of flour determines the price of bread, which leads to high housing prices.

Throughout the eighties and 90s, until the 97 financial crisis, the property market in Hong Kong only rose but did not fall.

In the past ten years, Hong Kong housing prices have never disappointed those who have wealth.

If there is no accident, there will be a rebound soon upstairs.

However, in the price war between several big giants, many low-priced orders appeared, which made many people seem to have the possibility of buying the bottom, and some people began to plan to buy the bottom of the real estate market.

However, how could the giants give people the chance to buy the bottom?
The routines are all there, waiting for everyone to drill in.

After the stock market crash, a small number of people will sell their houses at a low price and still cannot repay the loans owed. There will also be many cases of homeowners who are unable to pay for their houses, go bankrupt or even choose to commit suicide.

Su Chen is staring at those people who borrow money to buy houses and speculate in stocks. His buildings don't cut prices, but the banks let loose their loans.

When the property market recovers, banks make money; when the stock market bears down, banks make money.

Because once the stock market plummets, these people who borrow money to speculate in stocks can only sell their houses to repay their loans.

Therefore, I already knew that the housing market was going to rise, and if I were to engage in a price war with these people at this time, it would be a joke.

Hongkong Land not only does not cut prices, but also encourages the public to buy houses with confidence, because the real estate market is sure to make money.

Now that several giants have let go of the price, if they don’t buy it now, do they have to wait until a higher time to buy it?
Several giants couldn't help but feel a little embarrassed when they saw Shengshi ignore them.

Do you want to continue?

If you continue, you will only lose yourself.

But if it doesn't continue, what will happen to the previous losses?
These real estate giants were in a dilemma for a while.

It was only half a month of price war, and everyone tacitly raised the house price.

It's completely like a promotional benefit for Hong Kong citizens.

The vigorous price war came to an end.

Even Su Chen was at a loss, did Li Cucumber just give up?

But after a piece of news was released, he finally understood the real reason why this old fox launched a price war.

Because Li Cucumber suddenly announced that four of his companies would issue shares to raise funds.

Good guy, it turns out that the backhand is here.

Don't look at these people killing them in the dark, but after the statistics, there is no loss at all, because the housing prices have been raised rapidly.

Not many people buy houses in Kowloon, New Territories and other places, because the prices in these places are still high.

Although the price was lowered, many people still couldn't afford it. Instead, these real estate giants sold the unsold buildings that could not be sold.

People who bought at this time felt that they were worth buying, and they were grateful for the sudden price sale of several giants, which also made Li Cucumber's fundraising very smooth.

Such a showy operation of bright and dark rises can not only sell the unfinished buildings in his hands, but also take the opportunity to raise housing prices, and then issue shares to raise funds by the way.

Even Su Chen couldn't help being amazed at Li Cucumber's operations. This series of operations is really dazzling.

Because he was fooled, he had analyzed Li Cucumber's backhands in various ways.

Can be called the richest man in Chinese, there are indeed several brushes.

Originally, Mr. Su planned to bloodbath the real estate industry, but was forced to interrupt the plan by Li Cucumber's tricks.

……

"I didn't expect Hongkong Land to be unwilling to lower the price, and we entered into this price war together." Li Zhaoji picked up his teacup, took a sip, and continued: "Instead of letting go of loans, Minsheng Bank's turnover actually increased."

"We already expected that he would not be able to lower the price." Li Cucumber said, "Now that the housing price has been rising steadily, if he really lowered the price, he would be really stupid."

Guo Desheng asked: "If we continue the price war for a month, will he end?"

Without waiting for the other two to answer, Zheng Yutong said: "It should be possible."

"Landmark is delisting, and we have no way to bite this piece of meat. We can only use roundabout tactics." Li Cucuma said, "How about the end of this alliance?"

"Okay." The others naturally had no objection.

Seeing that these companies did not continue to sell at a higher price, Su Chen didn't care about this matter anymore.

He is planning for Minsheng Bank to enter the mainland.

Banking license, whether it is at home or abroad, is not a simple matter. It doesn't matter if you have money, and sometimes it may not be useful if you have connections.

As powerful as Mr. Ma, he punched Tencent and kicked Wanda. He also worried about a bank license, but he still couldn't get in.

Shengshi's previous operations seemed to be a stick in the east and a hammer in the west, and it was a donation to the Asian Games and a fire plan.

In fact, it is only for a mainland subsidiary bank and personal RMB business license.

The gold content of this license cannot be bought with money, because the license issued at the beginning did not have this business, and the above was also very thieves, and did not allow Shengshi to operate in this scope.

Even though Standard Chartered entered the mainland so early, it has only been able to engage in exchange business so far, and it took until 2007 to obtain a license for RMB business.

With the development of mainland's economy, state-owned specialized banks can no longer meet the requirements of market-oriented development.

It has begun to allow the establishment of joint-stock commercial banks to promote the marketization of banking services through the development of new institutions.

But whether it is Bank of Communications or Ping An Bank, its origins cannot be explained clearly in a few words.

"Go to Shenzhen and Zhuhai to open branches first."

Su Chen said, "Although we have accumulated enough experience in Hong Kong, now we are going to develop in the mainland. The situation in the mainland is different from ours. It is best to sum up our unique business model."

Tang Wanru nodded, "Okay, I'll arrange for someone to do it. We also have our own bank in the Soviet Union. At that time, we will combine the two and find out a suitable way for us."

"Let's arrange a meeting tomorrow for the high-level executives of the major businesses to handle funds." Su Chen said, "How about the annual meeting?"

"The people below have been arranged to do it, and it's still Hung Hom." Tang Wanru said, "The time has been notified. If there are no accidents, it will definitely be held as scheduled."

"That's good, don't forget about shorting US stocks." Su Chen said.

Tang Wanru was stunned: "Is the U.S. stock market really going to collapse? I saw that the Dow Jones Index has been stable since last year. If we speculate now, will the risk be a bit high?"

"Did you forget that I predicted the Nikkei Index?" Su Chen said with a smile.

When I bought the Nikkei index, it has been rising, and now it has risen to almost [-] points. If it is delivered now, I can earn at least $[-] billion.

Tang Wanru didn't say anything more, that's what she was good at, even if Su Chen said that she would use all her funds to short US stocks, she would only offer some symbolic advice, but she would still make arrangements.

It is also not like the grassroots team, where the small business eats a big pot of rice, and when the wings are hardened, they will make noise and start a new stove.

From the very beginning, Su Chen and Tang Wanru made all the rules of Shengshi, there was no board of directors, and there was no bunch of jerky subordinates.

If you do a good job, you will get more money. If you don’t do a good job, there are still people who do a good job waiting to take up the job. There is no relationship or friendship.

The whole prosperous age is a relationship of employing and being employed.

The annual meeting is already a program unique to Shengshi, and many employees are looking forward to this day. Not only can they eat and drink well, but they can also enjoy the program.

In the prosperous age, 996 is a blessing.

……

In the afternoon, Cao Weimin came.

"I went to the capital and heard that you came to Hong Kong to deal with matters, so I followed suit." He said with a smile, "I heard that Hong Kong's housing market was in turmoil a few days ago, so it didn't affect you?"

"For the time being, it's okay. Now that Hong Kong's housing market is rising, it will definitely not be affected." Su Chen wrote a check for 200 million Hong Kong dollars, "Uncle Cao, I don't have that much cash, you have to go to the bank. "

Cao Weimin took it over and looked at it, "Hey, 200 million? I asked you for 100 million at the beginning, and if you give it so much now, aren't you afraid that I won't be able to pay it back?"

"As long as the business is bigger, you won't be able to pay back." Su Chen said with a smile.

Even though he knew that Su Chen was the boss of Shengshi Beverage, Cao Weimin didn't propose the idea of ​​being affiliated or joining, not even mentioning the watches and cash back then.

This person has a big pattern.

"Okay, then I will lend you 200 million first." Cao Weimin put the check on the table, wrote another IOU, and solemnly handed it to Su Chen, "Brother will settle the account, you will take this IOU."

Su Chen didn't hesitate, "Okay."

The two chatted for a while, and Cao Weimin left.

Not long after Cao Weimin left, the secretary suddenly came to report: "Chairman, someone is visiting you."

"Visit me?" Su Chen asked suspiciously, "Who?"

"A lady surnamed Chen, who claimed to be Chen Lihua..."

　Thank you for the reward, thank you for the recommendation ticket, and thank you for all the friends who gave the monthly ticket

　　
　
(End of this chapter)