Mixed in 1980

Chapter 344 Killing HSBC and Standard Chartered (33)

Britain, nicknamed the "troublemaker"!

This nickname is very fitting, as he always manages to do something disgusting, a style that can be traced back to the 17th century.

Britain, together with Prussia and Tsarist Russia, formed seven anti-French coalitions and defeated Napoleon several times, but after the war, it insisted on keeping the Gallic rooster to contain other countries.

After World War I, the United States refused to weaken Hanscat excessively, and before World War II, it pursued a policy of appeasement, attempting to guide Hanscat to confront the Soviet Union and leave Europe in disarray.

Britain treated its colonies the same way.

Each time they withdrew from a colony, they either reaped huge profits or planted landmines everywhere. In any case, the colonized areas would have a host of problems decades or even centuries later.

On the Hong Kong issue, Britain wants it all.

They started reaping economic benefits in the 1980s, and then sent Pengdingkang to plant a time bomb, just to disgust us.

"It's not long since 97. The British are definitely not willing to leave in disgrace. They will definitely reap the rewards of Hong Kong in these last few years."

“We have been monitoring the flow of British capital for the past two years. In the first few months of this year, nearly 10 billion US dollars flowed into the Hong Kong property market.”

Upon hearing this, Li Zhaoji interrupted, "That's not right. Didn't the British just come up with a policy to crack down on property speculation? The property market has actually fallen quite a bit in the last few months."

Chen Fan shook his head slightly: "You know, the British are shrewd. Before their own funds are in place, they first curb housing prices, and then push them up as soon as all the funds are in."

Li Zhaoji pondered for a moment: "In that case, it makes sense. Hong Kong's property market still has a lot of room for growth, and it cannot be contained in the long run."

"According to your logic, more funds will definitely come in next year, which will drive up the housing market and be a good thing for everyone."

Everyone present was involved in real estate.

Most of Hong Kong's wealthy made their fortunes through real estate. Even for the Fok family, their first real fortune came from real estate.

Nowadays, many people own a large number of real estate projects, and most of their wealth is tied up in them.

Besides Chen Fan, the three people who invested the most in Hong Kong real estate since the 1990s are Li Ka-shing, Li Zhaoji, and Hu Yingxiang.

Chen Fan was not surprised by this: "It's definitely a good thing that the housing market is rising, but excessive stimulation of the housing market will inevitably lead to a larger bubble. Once the British withdraw their investment, the consequences are predictable."

"Everyone who has been through it knows what the housing market was like in 1982, so there's no need to elaborate. This kind of thing was bound to happen."

"Tell me your thoughts!" Li Zhaoji frowned.

"Let British capital come in, not only the funds planned by the British, but also to attract more funds, but I want to suppress property prices!" Chen Fan emphasized.

Li Zhaoji took out a cigarette and lit it: "So, this was planned two years ago? That's why Spark Investment has been developing so extensively, waiting for the British?"

Chen Fan also took out a cigarette, lit it, and took a deep drag: "That's right. If housing prices don't rise after British capital comes in, the capital will definitely be unwilling to give up and will have to bring in more funds."

“When they come in, I’ll sell off my properties and force them to take over. Unless they’re willing to lose interest and keep the houses tied up, they can forget about driving up the prices.”

"In fact, before the pound exchange rate war, we had already made a plan to seize 21 plots of land from the British and force British capital to buy our properties."

Upon hearing this, everyone fell silent.

Chen Fan's plan is ambitious, but it won't benefit everyone much. A rising or even skyrocketing housing market would be more in everyone's best interest.

The current price of over HK$5000 per square foot is not enough to satisfy everyone.

But Chen Fan's meaning couldn't be clearer: he was capable of preventing the housing market from rising, simply by selling off his properties.

He owns too many houses!

Just like when he threatened the British in 85, if he wanted to, he said that if he didn't allow housing prices to rise within five years, then housing prices wouldn't rise within five years.

The reason why housing prices can be driven up is because of the word "speculation." Without restrictions on sales and hoarding of properties, the market could be brought to a standstill in no time. The 82 housing crisis is the best lesson to learn.

It wasn't until now that everyone realized that the reason Chen Fan came up with the "harvesting Moxi Valley" plan was actually to compensate everyone.

If one side profits, the other side must concede!
At this point in the discussion, Director Han knew it was time to step in and play the bad cop: "Hong Kong will be handed over soon, and the higher-ups hope that the real estate market can develop steadily and not squander its potential all at once."

Upon hearing this, everyone felt a chill run down their spines.

The meaning above is different. After 1997, everyone should think carefully about who they will eat with in advance, so that they don't end up with nothing to eat.

Li Hongying stepped in at the opportune moment to smooth things over: "Given the current situation, Hong Kong's real estate market will not only attract British investment, but also a large influx of capital from Europe, America, Japan, South Korea, and even mainland China."

"The rise in housing prices is irreversible."

“What we need is to control the price increases and retain British capital, rather than letting the British take away a large amount of funds at once, quickly depleting the potential of Hong Kong's real estate market.” “Chen Fan, you agree, right!”

Chen Fan nodded slightly: "Everyone, don't worry. A rise in the housing market is inevitable. We just need to attract more foreign investment by lowering prices."

"And then let it crash?" Li Zhaoji asked.

"That's right, we're going to make it collapse. Even if we don't do this, the Hong Kong property market will still collapse by 97 at the latest."

Chen Fan took a deep drag of his cigarette and slowly exhaled the smoke: "The difference is that if we don't do it, housing prices can be pushed even higher, and then foreign capital can take advantage of them."

“We did it. The housing prices weren’t that high, but we were able to keep the foreign investment here. After the market crashes, we’ll buy it back and push the housing market up again.”

Li Zhaoji gasped: "You're really ruthless. If we do as you say, the British and other foreign companies will have to leave nothing behind."

Chen Fan grinned slightly: "That's why I need your cooperation. I can do it by myself, it's just more difficult, and I won't be able to achieve a bigger goal."

As he spoke, Chen Fan looked at Yu Jing and asked, "How many properties does Xinghuo Investment own?"

Yu Jing immediately said, "In 1983 and 1984, we acquired more than 9800 properties at low prices. In addition, there were 2000 properties owned by Miss Guan."

Chen Fan then asked, "What about Xinghuo Real Estate?"

Yu Jing replied, "Nearly 30 residential communities are expected to be completed next year and ready for pre-sale at any time."

The scene was completely silent!

They were all cursing in their hearts, thinking it was outrageous that someone had over 10,000 secondhand homes and nearly 30 new homes in different communities.

A full-scale sale could cause the market to collapse.

In other words, Chen Fan wasn't looking for someone to discuss things with today; he was simply informing everyone that he could handle things on his own.

If it were anyone else, they might have banded together to kill Chen Fan first. Back when Hu Yingxiang wanted to build the bridge, he was also threatened.

But no one could do anything about Chen Fan.

Director Han is right here. What he just said has already shown that this is the attitude of the higher-ups, unless they don't want to stay in Hong Kong after 1997.

After a long silence, Li Zhaoji finally spoke: "Tell me the specifics of how to do it?"

Chen Fan nodded slightly: "Let's leave it alone this year. Starting next year, we'll control prices, increase sales volume, and let housing prices rise slowly."

"We need to put pressure on foreign investors while also letting them see the hope that they can drive up prices, constantly forcing them to invest more funds in real estate speculation."

"This process will continue until the end of 96. Only then will the price be driven to its highest point. Whether you follow along during this period is up to you, but I am definitely going to do it."

"And then?" Li Zhaoji asked.

"Sell everything, sell as much as you can, at prices lower than foreign capital. Xinghuo Investment will also sell off its land holdings to create the illusion that the real estate market is about to collapse, reduce real estate transactions, and we must not let foreign capital escape."

After thinking for a moment, he added, "If this continues until mid-97, housing prices will definitely collapse."

Li Zhaoji smiled bitterly: "In other words, starting next year, we have to follow suit. If we don't, we'll just be stuck with unsold properties. Are you so sure that the housing market will definitely collapse in 97?"

"My predictions have never been wrong!"

Faced with Chen Fan's confidence, everyone had to nod in agreement. Indeed, as he said, this man had never made a mistake, including the collapse in 82 and the recovery in 85.

Every node is clearly visible.

Chen Fan smiled and said, "To tell you the truth, a financial crisis is brewing in Asia. It will definitely erupt between 96 and 98, and the Hong Kong property market will not be able to survive."

"The question is who should bear this loss. It's either us or the foreign capital. It's better to let the foreign capital suffer the consequences than to sacrifice our own."

Upon hearing this, everyone felt a chill run down their spines!
An economic crisis will affect the whole of Asia. How much will it impact us? Once it reaches Hong Kong, no one will be able to escape unscathed.

"This is not the time to talk about the economic crisis," Li Zhaoji continued, "Actually, you could have handled the whole thing yourself. What's your purpose in dragging us into it?"

“I said before that I could do it by myself, but it would be very difficult and I wouldn’t be able to achieve any bigger goals. I’m going to take this opportunity to do something big again.”

Chen Fan stubbed out his cigarette, lit another one, and took several puffs: "HSBC and Standard Chartered can issue Hong Kong dollars, but they are in the hands of British capital. This is very abnormal."

"I want to kill them!"

PS: Third update is here~ Thanks everyone for your support~ Only 90 more votes needed to reach the goal, please help me out a little more, I will continue with three updates tomorrow and the day after!

(End of this chapter)