Mixed in 1980

Chapter 363 The End
Knowing that Chen Fan was trying to suppress housing prices, Xu Jinqiu thought for a moment and said, "If all else fails, we can put the property rights of the Chinatown supermarket on the market, which can also absorb some of the purchasing power."

“It’s not time yet,” Zeng Ali shook her head.

After years of development, Chinatown Supermarket now has more than 200 stores in Hong Kong, ranging from 1000 square meters to 3-4000 square meters, generating extremely high rental income.

Chen Fan wouldn't touch these unless there were special circumstances; they were all meant for Xu Jinqiu to collect rent from.

After teasing her little girl in her arms, Zeng Ali changed the subject: "How have the kids been this past month? Worried, huh?"

"The second and fifth children are the most mischievous, but the others are all fine."

Xu Jinqiu reached out and pinched her little girl's cheek: "Yanyin bought a bunch of colorful stones back. She's quite interested in jewelry."

"Auntie, come see the treasures I bought, they're so beautiful!" The little girl smiled sweetly and pulled Zeng Ali to her room, where her desk and shelves were filled with all kinds of jewelry and stones, which she introduced one by one.

Everything else was fine, but when introducing the jadeite, Zeng Ali's lips twitched involuntarily. They had all kinds of colors; this girl really wasn't picky.

However, the little girl also bought quite a few good things. The few pieces of Tianhuang stone on the table were quite nice, with a golden color, very warm and smooth, and with a natural waxy feel.

Xu Jinqiu explained from the side: "The price has risen a lot in recent years. Tianhuang stone is now priced by the gram. The ones Yan Yin bought cost 3 to 800 yuan per gram."

“It used to cost only a few thousand yuan per kilogram.”

"Hetian jade has also seen a surge in price this year. The price of first-grade jade has doubled, reaching over 6000 yuan per kilogram. Sooner or later, it will be priced by the gram, just as Chen Fan said."

"Production has plummeted this year, and we can't even get any raw materials."

"The same goes for jade. Last year, a full-green imperial jadeite bangle could be bought for 50 yuan, but this year the asking price is 150 million yuan, and there are no buyers even if the price is right."

Everything is getting more expensive!
The same applies to properties in Hong Kong. After the agreement between Spark Investment and Swire Properties was signed, almost all properties updated their prices.

Unstoppable!

Although he had expected it, Chen Fan couldn't help but smile wryly. Market sentiment was ignited once again, and speculators were acting like madmen.

Of the 3000 apartments that were previously listed in Yuen Long and Tuen Mun, some were still available, but after media hype, they were all sold out within a day.

The 500 new homes listed in the Yau Tsim Mong area have all been sold out, and the homes previously listed by our allies have also been cleared out in a short period of time.

There's a severe shortage of apartments on the market right now!
It's not just about ordinary people buying houses; foreign capital, capital from mainland China, and Hong Kong are all pouring into the real estate market.

"Prodigy Hui" signed an agreement with Xinghuo Real Estate to acquire three residential buildings, which was widely reported by the media, further fueling the real estate market.

"They've all lost their minds!"

Looking at the newspaper, Chen Fan sighed. Shen Tonghui was quite a figure, and he certainly had the guts to speculate on real estate. But no matter how bold he was, he still had to recognize the situation.

I knew him from my past life. He amassed a fortune through real estate speculation, but then encountered the Asian financial crisis, which caused his cash flow to break down, leading to bankruptcy. He attempted suicide but was rescued, and then died suddenly.

There are quite a few people like him. Xinghuo Real Estate has received several acquisition offers, some for one building and some for several.

They were all purchased in the name of the company!
Berkeley Group, the UK's largest property developer, also entered the fray, directly taking away ten residential buildings from Xinghuo Property and two plots of land from Xinghuo Investment at a high price.

Xinhe Group, which had been arguing with Xinghuo Investment, also signed a contract and successfully acquired two plots of land from Xinghuo Real Estate.

Chen Fan has made a fortune recently!

Every transaction involved a large sum of money, with huge sums of money flowing into his account every day. The media frequently reported on it, and his wealth myth spread throughout Hong Kong.

Chen Fan was just troubled by this; prices could not rise too fast: "Wenya, inform Ma Xifeng that all the residential complexes in Yuen Long and Tuen Mun should be put up for sale, with a quarter of them offered for sale."

“We will also purchase 3000 houses from other areas.”

"I refuse to believe I can't control it!"

"Mr. Chen, is this really going to be a real fight, with bloodshed?" Zhou Wenya asked in surprise, as there were quite a few houses in the four neighborhoods of Yuen Long and Tuen Mun.

These are all large communities, and a quarter of them is nearly 10000 houses. Although they are small houses of 20 square meters, the sheer number of them makes up for it.

Chen Fan shook his head: "It's still a long way from bloodshed. We need to give the market some time to digest this and keep the average price below 7000 for a while."

"Wait!"

"When foreign investors have acquired enough real estate and are unwilling to leave empty-handed, that's when we'll sell on a large scale and force them to take it over."

Meanwhile, Hang Seng Bank's shareholders are also making efforts, putting some of their new homes up for sale. Among them, Li Hongying is the most ruthless, going all in and quitting the game.

In response, the Li family held a press conference to announce their withdrawal from the real estate industry and their intention to invest in manufacturing in mainland China.

As a result, the housing market finally cooled down.

The media is also hyping another piece of news: Hang Seng Bank has tightened its credit policy and is very strict in its loan approval process, with only one out of ten applicants likely to be approved.

The first piece of bad news for the housing market this year has emerged, but people don't care, as if it's insignificant news.

"They are not optimistic about the housing market!"

After seeing the news, Li Ka-shing couldn't help but gasp. He didn't care about other people's opinions, but Chen Fan's opinion was very important.

Back in 1981, Chen Fan, in order to sell his books, hyped up the housing market crash through the media. The following year, the housing market predictably crashed. In 1984, Chen Fan acquired a large amount of land. At that time, because of a conflict with Kwai Chung Port, all the plots of land that he had originally seen were acquired by Chen Fan.

By 1985, the real estate market had recovered!
Chen Fan's judgment on the real estate market was incredibly accurate; even the Japanese real estate market was hit hard, so there was no reason for me to doubt Chen Fan's assessment.

In this way, Chen Fan's actions to suppress the housing market make sense. A slow rise in housing prices gives people enough time to cash out. If prices rise rapidly to a high level, transaction volume will only decrease, and people won't have time to escape.

Just like 1980 and 1981!
"Luckily, I kept following up. If I had kept holding onto the shares, I would have become the one left holding the bag!"

After entering the 1990s, the three people who acquired the most land in Hong Kong were Li Zhaoji, Hu Yingxiang, and he was the last one.

Li Ka-shing called his assistant over: "Go find some newspapers from 81. Back then, Chen Fan created a lot of news to sell 'The Age of Awakening.' See if you can find them."

The assistant was very efficient; he had already found more than a dozen newspapers before the end of the workday. After carefully reading them, Li Ka-shing couldn't help but smile.

"No wonder he became the world's richest man in such a short time. He has a really long-term vision. It seems he had foreseen this day and had been digging a pit for the British all along."

The newspapers clearly stated that the British treated Hong Kong like a blood bank, and before leaving Hong Kong, they would definitely cut their losses, most likely in the real estate sector.

Now, Britain has raised its sword!
Li Ka-shing is not worried about this, as he has always adhered to the belief that "cash is king" and can weather the storm even if the real estate market collapses.

It even went further after the collapse.

Indeed, when the Hong Kong property market collapsed in his previous life, Li Ka-shing's assets skyrocketed in a short period of time, quickly rising from third in Hong Kong to become the richest man in Hong Kong.

At that time, Li Zhaoji and the Guo brothers were ahead of him in line.

Li Ka-shing lit a cigarette and leaned back comfortably: "In that case, we need to increase shipments. Who would complain about having too much cash on hand?"

"Chen Fan's purpose is not that simple either."

"It seems he's going to have a showdown with the British. Given his grudges with the British and his personality, he'll most likely try to trap British capital and screw over the British again."

“Other foreign capital, as well as Hong Kong’s local capital, will also be drawn in. In this financial torrent, no one can escape.”

"Perfect, let's sit back and watch the tigers fight!"

"That won't work either, the profits aren't big enough. We need to cooperate with Chen Fan to dig a bigger hole, and then quickly enter the market to grab a piece of the pie after the real estate market collapses. That way, we can maximize our profits."

……

As a result, another force has emerged in the market.

Market sentiment finally calmed down, and Swire Properties' Ho Li-tai angrily cursed, "Shit... another sell-off, has he gone mad?"

"Prices dropped last year, and they're going up this year. The market is just starting out, there's plenty of time to ship the goods, wouldn't it be better to raise the prices a bit?"

"The old Chinese saying, 'It harms others without benefiting oneself,' is this what it means, isn't it?"

"Fake..."

After venting his anger, he felt helpless. At the previous party, Zeng Ali's words had already made Chen Fan's attitude clear.

Housing prices can rise, but they cannot skyrocket!
Chen Fan is controlling prices.

This is not the phenomenon he wants to see. The property market needs to surge to make it easier to profit, and Swire is not the only British company entering the market.

Berkeley, Barry, TaylorWestland, Barrymore, Deutsche Welle, New World... all of the UK's top ten property developers are making moves in this area.

In addition, there are banks and financial companies.

Everyone is criticizing Chen Fan now, and some people are even suggesting that he be killed. They say that once Chen Fan dies, his companies will get out of control.

But it's difficult!
Chen Fan was far more afraid of death than anyone thought. After arriving in Hong Kong, he lived a secluded life, with no discernible pattern to his comings and goings, leaving no trace of his presence.

When they occasionally go out, they travel in bulletproof cars, accompanied by a group of bodyguards.

After rejecting the idea of ​​eliminating Chen Fan, He Litai began to ponder whether it was possible to unite various forces and concentrate their efforts to drive up housing prices.

It's not just British capital, but also other foreign capital.

Chen Fan stayed in Hong Kong for a few more days. Seeing that no "good news" emerged and the property market cooled down, he secretly breathed a sigh of relief and then chose to go home.

I've been away from home for over a month and I already miss my child!
On his way back, Chen Fan chartered a plane. In addition to a group of bodyguards, he also brought many suitcases filled with antiques he had acquired at auctions.

Old Huo also set off together.

As for Hang Seng's other shareholders, they will arrive in Beijing in a couple of days. The Southeast Asian expansion is about to begin, and there are many things to discuss in detail.

When the plane landed in Beijing, people from the Ministry of Commerce were already waiting at the arrival gate. They picked up Comrade Huo directly. I have to say, this old man has a lot of influence.

Xu Jinqiu was also waiting here.

Yan Yin followed along. When the little girl saw her father, she ran over with her short legs, instantly improving Chen Fan's mood.

PS: The first update is here~
(End of this chapter)