Through the wealth life

Chapter 597 Arrangement
In the morning of the next day, the directors and above of the major groups of Li's Group in Xiangjiang all came to the meeting room on the second floor of Li's Building to attend the temporary meeting.

In just half a day yesterday afternoon, the Hang Seng Index plummeted 243 points on the Xiangjiang stock market, causing the Hang Seng Index to fall below 1230 points in one fell swoop from the stock market last year, which rebounded to [-] points. And worried.

Fortunately, today is Saturday, the stock market is closed for these two days, otherwise the stock market will definitely open with a gap today, and the Hang Seng Index will continue to fall.

Li Guangyu knows that this time it is no longer just a stock market drop like last year, but the property market is still strong. This time the storm in the property market will come soon. Some middle-class people will choose to immigrate for their own safety. other regions.

The real estate speculators are even more sad. Xiangjiang housing prices have shown a state of price but no market. In addition to this news, these middle-class people who are about to leave Xiangjiang also began to sell their properties, making the property market bubble completely. If it is punctured, those loans for real estate speculation will suffer heavy losses by then.

At the meeting, Li Guangyu first emphasized that the group's senior management should not express any opinion on the Margaret Thatcher wrestling incident, and especially reminded Jiayi Group, asking the group to strictly require the group's artists to keep this bottom line.

These stars are very influential in Hong Kong or Asia, and many teenagers regard them as idols.

At this time, any voice from the Li Group would be very detrimental to the development of the Li Group. Li Guangyu did not want to be forced to be involved in such political incidents.

Le Yiling, the vice president in charge of the group's artists, said: "Li Sheng, please rest assured that our group has been strengthening management in this area, and we have clearly stated in the contract that once an artist publishes something that will affect the development of the group Political speech is regarded as an automatic termination of the contract with the group, and our group will not be responsible for any remarks they say."

Since Yuan Tianfan is still in charge of the bank's expansion in Malaysia, Luo Qianwen is currently in charge of Tianyu Financial Group, and Xia Fengxing, vice president of Tianyu Bank, is concurrently serving as the chairman of Tianyu Bank.

After the problem in the real estate market this time, there will definitely be some bad debts in the bank. Even if Tianyu Bank controls it quite strictly, it is impossible to completely eliminate it.

This incident is a chain reaction. The stock market crash led to the property market crash, and the property market crash led to the collapse of many banks in Hong Kong. After problems in the property market, many banks will have large amounts of bad debts, which will directly bring Many small and medium-sized banks were crushed.

The main reason for this is that the large listed companies here in Xiangjiang are either real estate groups, or the parent company behind them is engaged in the real estate industry. After the stock market plummeted, the sale of the real estate market was affected. Many investors worry about the safety inside.

This made it impossible for them to withdraw funds, and many of them borrowed from banks in the form of share mortgages. After the stock market plummeted, they needed to add funds to the bank. If the funds are not returned, it will become a bad debt.

If there are too many bad debts, once the news spreads, it will inevitably be run on, and the bank can only choose to go bankrupt.

Li Guangyu said: "Tianyu Bank should pay attention to the situation of lenders at all times, try to avoid bad debts, and pay special attention to these enterprises and individuals with relatively large loans in our bank. They are just empty shells, we only discovered this situation, and such losses should be avoided as much as possible.”

Luo Qianwen replied: "Li Sheng, our bank will increase supervision in this area, especially focus on observing companies and individuals with more than 500 million loans to prevent the situation of losing everything. At the same time, we will strengthen contact with the court. , Once they default on their debts, we will immediately start legal procedures to reduce our losses."

Later, Li Guangyu asked the property management companies of Starlight Property Group and Wheelock Group to pay attention to market trends at all times. This time, there will definitely be a big shock in the property market. The company should reasonably adjust the rent of the store according to the changes in the market, so as to avoid the vacancy of the store owned by the group.

Starlight Real Estate mainly has stores on the Tin Shui Wai side, not many.The Wheelock Group was even more ruthless. In addition to renting out stores within the group, some of them were leased to Watsons, and Guo Qingya basically sold the rest.

At this time, the Wheelock Group is the one with the least pressure. Now they mainly have dozens of ships. With the relationship of the Li's consortium, it is enough to support the shipping company.

Li Guangyu said: "Wheelock Group will pay attention to the storefronts and commercial office buildings listed for sale on the market from now on. Starlight Property Group will also cooperate with this action. You have to find out the commercial value comparison based on the development of Xiangjiang. When the high-end real estate comes out, next year I will inject 100 billion Hong Kong dollars like Wheelock Group to buy the bottom of the real estate market.”

Guo Qingya knew that Li Guangyu would inject funds into their Wheelock Group, but he was not quite sure that he would inject so much funds into their group this time.

Next year, my Wheelock Group will become the top three real estate group companies in Xiangjiang.Within the Li's consortium, its own group can also enter the top ten.

Guo Qingya said happily: "Li Sheng, we will do a good job in this area. We will make a detailed plan this time. As long as you order it, we will complete this bargain hunting as soon as possible. I will strengthen the learning of the group in terms of negotiation and the learning of the group's employees in terms of legal documents to deal with this action."

Li Guangyu knows that after this time the property market bought the bottom, it will continue to rise until 98, and the property market will collapse again. Such an opportunity can be said to be rare. I hope that I can control more commercial buildings and stores in my hands, and the rent he collects every year will be a terrifying figure.

Zhao Yu, the president of Starlight Real Estate Group, is very envious of Wheelock Group at this time, and maybe his group will be overtaken by Wheelock Group in the future.

Once the property market picks up here in the future, Wheelock's assets will skyrocket. In addition, Wheelock will soon undertake the construction of the new headquarters building of the Lee Consortium, and its ownership will also be assigned to the Wheelock Group. But it is difficult.

He also knew that he should not think about Heung Kong's bottom-hunting this time. The main markets of Starlight Property Group are Taiwan and Southeast Asia, and Wheelock Group will be Heung Kong and the mainland market.

In Xiangjiang, they will only have one project, and that is in Tin Shui Wai, where they still have half of the commercial land undeveloped.

The presidents of the major groups headquartered in Hong Kong are also very envious of Guo Qingya at this time, 100 billion Hong Kong dollars, the market value of some of their groups is not so high.

Especially Jiayi Group and Heung Kong Telephone Group, not to mention Jiayi, Heung Kong Telephone Group is solely owned by Li Guangyu, but Li Guangyu has not injected too much money into them for the expansion of the group in the past few years.

……

(End of this chapter)