Mixed in 1980
Chapter 324 Another Plan
Chapter 324 Another Plan
With the British departing, the live stream officially ended.
The TV station staff began to wrap up work, and Zhou Wenya took out a stack of red envelopes and distributed them one by one, which was a rule in the publicity department.
People come here, they don't work for nothing.
News events like today's are somewhat better, but when it comes to corporate or brand promotional activities, reporters are treated like uncrowned kings.
The process of going to the site is just a formality; the staff must be treated to good food and drinks throughout the entire event, and generous red envelopes must be given. In the end, the articles that are sent out are written by the company itself.
Chen Fan invited everyone to his office and first boiled some water: "Although we made a lot of money this time, we also offended the British bastards. Everyone should be careful in the future."
Hua Sanshao took out a cigarette and handed it over: "The British can influence Hong Kong, but they can't do whatever they want. Everything must be based on the law."
Liu took the cigarette and lit it: "People used to be afraid of the British because they controlled too many resources, making them easy targets. But now..."
He chuckled as he spoke.
Since 1985, the British have been selling off their assets, and their economic influence has diminished considerably.
When Chen Fan ate a large bowl, other wealthy people in Hong Kong also ate bowl after bowl.
The banking sector has the greatest economic impact on everyone, but after this financial war, who will still be short of cash?
If you really need it, just borrow it from Chen Fan.
As for the political impact, no one is worried. With the mainland as their backing, and besides, how many more years can the British keep jumping around in Hong Kong?
"As long as everyone knows what's going on."
Chen Fan lit a cigarette and took a deep drag: "Let's talk about real estate. Everyone needs to be prepared."
People were confused. What was there to say about real estate? The market was booming right now; as long as you acquired land, you were guaranteed to make money.
The same applies to ordinary people.
As long as you can snag a house, it's like getting a ticket to wealth. There's a saying that goes, "In Hong Kong, if you have money and don't buy a house, you're a fool."
Some people say, "A poor person can take out a loan to buy a house and instantly become a millionaire. Buying a house is the best way to achieve upward social mobility."
Chen Fan took another drag of his cigarette: "Without a doubt, housing prices will definitely rise in the next four or five years, and even rise sharply, but after five years, they will definitely collapse."
"A collapse?" Everyone shuddered.
Everyone experienced the upheaval of 1982. House prices plummeted from HK$1500 per square foot to HK$300-400 per square foot, and many people couldn't bear the blow and jumped from their apartments.
"Is that strange?" Chen Fan rolled his eyes.
After thinking for a moment, he added sarcastically, "Hong Kong has experienced collapses before. Japan's real estate market was even hotter back then, but it still collapsed. Why shouldn't Hong Kong collapse?"
"Then why did you still acquire the land?" Li Hongying asked in surprise.
Most people don't have much land, and they have four or five years to develop and sell it. Chen Fan is different; he has too much land.
Not to mention Xinghuo Real Estate, after Xinghuo Investment transferred three plots of land to Hua Sanshao and Yangjia, there are still 22 plots of land that have not been developed.
Four or five years is simply not enough time to develop it.
“Land is cheap now. Just wait and see in the next few years. The housing market will definitely rise to over 10,000 yuan per square foot, and then it will collapse like an avalanche and return to today’s prices.”
Chen Fan flicked his cigarette ash and said sarcastically, "No matter what we do, we're not going to lose out. But you guys still need to make your move as soon as possible in the next few years."
After thinking for a moment, he added, "Prices will reach a high point in 1996, and may rise further in the first half of 1997, but it may not be possible to sell them."
Since 1980, every investment Chen Fan made has been incredibly precise, even the timing of the collapse of the Soviet Union was calculated accurately.
No one doubted Chen Fan's prediction.
People are already starting to plan what time to sell all their houses in the next few years to maximize their profits.
Li Hongying owns quite a few properties, all of which she bought when the price was HK$3-400 per square foot. She has kept them and is now earning rent, having already recouped her investment.
"I'll sell them all in two years!"
He secretly made up his mind to buy when prices were high, and then buy back when the real estate market crashed, so he could upgrade to a new batch of houses.
The same arrangement will be made for the house at home.
As for the peak of housing prices, Li Hongying scoffed, saying that once prices reach their peak, there's no escaping them, just like in 1981, when there were prices but no market, nobody bought, and the housing market was stagnant.
If there's enough profit at a reasonable price, sell quickly.
After the conversation, everyone understood the situation and took their leave. Hua Sanshao suggested having a celebration banquet, but Chen Fan directly refused, saying he wouldn't dare attend Hua Sanshao's celebration banquet.
Zeng Ali and Zhao Yuanyuan can go on a rampage in place!
After seeing everyone off, Chen Fan called Ma Xifeng, Luo Dahua, and Guan Tianwei, the three rotating presidents of Xinghuo Real Estate, to his office.
"Half of the land developed this year must be completed within three years."
As soon as he said it, the three presidents were shocked. From 85 to 89, they developed five plots of land every year, but after that, they developed only two plots every year, and they were reluctant to sell them.
However, the land developed in 88-89 was completed in 90-91, and it was also within the scope of being reluctant to sell. Xinghuo Real Estate has a lot of land and houses in its hands.
We acquired 17 more plots of land today.
Developing so many properties at once could be difficult to manage in the future. Selling them all might actually halt the upward trend in housing prices.
"We will continue to hold back on sales, but development must be completed. There is no need for external publicity."
Chen Fan wasn't consulting with them; he was giving orders. The next few years would see a massive development effort, crucial for the next strategic move. They could take another bite out of the British. Taking that bite would dramatically increase their assets.
After the handover, the financial war against Britain came to an end. Italy was also caught in the crossfire, with its currency plummeting by 25% and Chen Fan swindling over 50 billion US dollars.
As for Britain, it was truly a disaster.
With the exchange rate plummeting by 50%, Chen Fan alone amassed over 100 billion US dollars, while Zeng Ali and Zhao Yuanyuan also made a fortune.
When the media reported on Chen Fan's family's profits, people in Hong Kong were all astonished. They exclaimed that they had earned so much in just two days. People in finance really are all heartless.
However, since it was the British people's money that was stolen, everyone was happy to see it.
At the signing ceremony, the British looked sullen.
Some media outlets wrote: "Chen Fan's family was dressed in Hanfu, while the British were dressed in suits and ties. Isn't this just Britain bowing down to China and signing a treaty of defeat?"
The matter in Hong Kong has now come to an end.
Zeng Ali was busy packing her luggage, preparing to take Miss Zhao back to Beijing. Chen Fan said dejectedly, "Aren't you coming to Guangzhou with me?"
“We’re going back to see the children. Qiu’er will take care of five by herself.” Zeng Ali glanced at her husband before packing her luggage.
"Do we all need to go back?"
Upon hearing this, Zeng Ali stopped tidying up, walked up to her husband, and kissed him on the lips: "Little brother, you'll be single for the next few days."
Chen Fan hugged his wife tightly, saying, "Sister, how can you do this to me?"
Zeng Ali smiled and said, "Consider this a test for you. Tsk tsk... If you dare to cause trouble outside after living alone for a few days, I'll castrate you."
"Am I that kind of person?"
Rolling his eyes, Chen Fan had no choice but to drive his two wives to the airport. He didn't linger and entered Guangzhou through the Luohu Port that same day.
By 1992, Guangzhou already showed signs of prosperity.
The streets are lined with five- or six-story Western-style buildings. People still mainly travel by bicycle and bus, but there are already many cars and motorcycles on the road.
Once we arrived here, there was no need to bring a large group of bodyguards. The only people accompanying us were Zhou Wenya, and bodyguards Wu Lanying and Duan Xiaodao.
They were among the earliest bodyguards.
Wu Lanying is the bodyguard captain, and Duan Xiaodao is the one who was injured during the gunfight.
After wandering around the streets, they finally arrived at the Huaxia Hotel, where Hu Yingxiang, who had been notified in advance, was already waiting.
"Comrade Lao Hu, it's been a long time!"
Hu Yingxiang was already used to this title and replied, "Comrade Chen, I've been watching your news these past few days. Well done."
Chen Fan teased, "I invited you to come along, but you wouldn't!"
Hu Yingxiang said irritably, "I'm not like you. I can't afford to take risks. All my funds are tied up in projects in the mainland. If something goes wrong, the projects will have to stop."
"There's no other way!"
Chen Fan shrugged and changed the subject: "It's been a while since I've been to Guangzhou. How's our project going?"
Hu Yingxiang laughed angrily: "You really have the nerve to ask? The project was approved in 1989 and construction started in 1990. How many years has it been? Have you ever come to see it?"
Chen Fan chuckled awkwardly, "I have no worries about entrusting the project to you. Besides, Xinghuo Real Estate is fully cooperating with you."
Hu Yingxiang smirked: "Stop with the nonsense. Let's eat first. I'll take you to the construction site tomorrow. With official support, progress is going very smoothly."
"Okay, let's eat first!"
Moving to the restaurant, the two chatted for a while about the project, inevitably discussing its future profit potential.
In 1989, Hu Yingxiang had great doubts.
A city's CBD is not just a single building; in addition to office buildings, it also includes various commercial facilities such as shopping malls, restaurants, and hotels.
There are also planned residential areas around the CBD.
Chen Fan will not participate in the development of the residential area, but in order to attract and retain talent, some cultural and entertainment facilities, such as art galleries, theaters, and cinemas, will be built in the CBD area to enrich the residents' leisure life.
Even though prices are lower in mainland China, the amount of money invested in such a massive project is astronomical, putting immense pressure on everyone involved.
This year, Hu Yingxiang's pressure has decreased significantly.
The mainland is indeed developing very fast, especially after 92, when the reform and opening up entered a new chapter and a new climax. In a few more years, it will be enough to support the operation of the entire CBD.
The next day, Chen Fan went to the construction site with Lao Hu.
You can see Xinghuo-1 from afar. It has already been built to a height of over 100 meters. Lao Hu introduced: "According to the plan, it will be 520 meters high and is expected to be completed by the end of 1996."
"No rush, let's take it one step at a time."
Chen Fan looked at the busy workers and smiled slightly: "If it can be completed in 7, that's fine. Or how about setting it for July 1st as a gift?"
Old Hu's eyes lit up. Using the world's tallest building as a gift was the most appropriate thing to do.
PS: The first update is here~
(End of this chapter)
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