A century-old wealthy family that rose from Shanghai

Chapter 179: Mine Clearance
After holding a meeting with a group of shareholders about "New Town Garden", Chen Guangliang held a meeting with his subordinates from Changjiang Real Estate.

Chen Guangliang now understood why those companies in his previous life liked to hold one meeting after another, because it was impossible for the boss to personally take charge of every task, especially in companies with tens of thousands of employees. Not to mention the boss, even the senior management could not do it themselves, so they could only communicate and exchange information through meetings.

"After the houses in 'New City Garden' are launched, we will immediately start preparations for the construction of 'Spring' on Weihai Road, and strive to sell it before July or August. Similarly, I will also start construction on my private villa in March or April."

Chen Guangliang still has 20 acres of land on "Xiafei Road", which is now worth more than 40 yuan, but Chen Guangliang feels that it is too late to develop it and plans to cash out the land at a high price in the second half of the year.

In fact, the land of "Xiafei Road" might still be sold in installments and layers, but Chen Guangliang was not too keen on making the "last penny" from real estate to avoid subsequent troubles.

Lu Yuantai responded, "The architectural drawings are complete. Jiang Yuji Construction Company is a good choice for construction. Especially for your villa, having Jiang Yuji Construction Company build it will make communication and requirements more convenient."

The style of the villa in Spring is similar to that of Xincheng Garden, and Jiang Yuji Construction Factory is indeed more familiar.

In addition, since Jiang Yuji Construction Company took on such a large project, it should naturally build Chen Guangliang's private villa well.

"When the time comes, we can send out invitations first and find several construction companies to bid. This will be fairer!"

"Ok"

There are currently three construction companies cooperating with Changjiang Real Estate, and they have undoubtedly reaped huge benefits.

Changjiang Real Estate is now a "large real estate enterprise" in Shanghai, so it naturally has a high status in the industry, and construction companies all want to contract projects with it.

Chen Guangliang has always advocated "priority admission" and "no personal connections", so bidding is the most suitable method, and price is not the only factor.

"Of course, there's also the Shangri-La Hotel incident, so everyone needs to take it seriously!"

"Yes"

The Dahua Hotel has issued a notice that it will suspend operations at the end of February for renovation and will reopen a year later.

As for the annex building of the Shangri-La Hotel, construction also started in mid-March.

With these arrangements, Changjiang Real Estate began to operate smoothly. After years of development, the company had already acquired first-class management quality. Although it only had 28 employees, it managed so many projects in an orderly manner, and no major mistakes had been made so far.

As a result, "New Town Garden" published "opening advertisements" in mainstream newspapers such as "Oriental Daily", "Newspaper" and "Shenbao".

The entire real estate industry in Shanghai was shocked because the project was so huge and the location was so luxurious!

[Famous real estate company, Changjiang Real Estate Development, the world's first large-scale community, New Town Garden]

150 four-story houses available for sale in a gated community with -hour security patrols.

[There are schools, public gardens, pavilions, and playgrounds within the community]

[Outside the community, there are banks, restaurants, grocery stores, butcher shops, pharmacies, clinics, tailor shops, high-end hotels, and taxi companies]

【New Town Garden is an independent community that attaches great importance to the environment and facilities within the community】

[The price of each floor ranges from 9999 to 11999, with a down payment of 50% and repayment in installments]

[The building has been completed to the first floor and the owner can move in within ten months. The title deed certificate will be issued immediately.]

【Can be invested or used for self-use】

Once the advertisement comes out, who can compete with Shanghai real estate?

This location, with such a large area, is difficult to find such an excellent one in the Shanghai Stock Exchange.

The key is the concept of a 'large community', which makes many people very excited.

"Isn't this a concession within a concession?"

"That makes sense. Living in New Town Garden, we have everything we need to eat, use things, sit, and more. It's like our own kingdom."

"We also have bodyguards patrolling 24 hours a day, so safety is impeccable."

"New Town Garden" not only advertises in Chinese newspapers, but also in English newspapers, hoping that foreigners will also buy it.

Generally, foreign executives are very rich, but they usually rent high-end apartments.

But now it's different. They can buy a floor of a house in New Town Garden and sell it at a high price when they return home. They don't have to pay rent, and they might even make a profit.

The Shanghai Stock Exchange's gold-standard market has become the country's "gambling paradise". People from all corners of the country have come to speculate in gold-standard transactions, and the trading volume has increased by nearly one-fold.

At this time, no matter how much money an individual has, it is difficult to control the situation. At most, the impact will be small for one or two days.

In fact, it is not just the "standard gold" that is fluctuating, but also silver is depreciating, and the exchange rate between the two is gradually widening.

Under the influence of the international situation, the price of Shanghai's gold market (one large yellow croaker is worth ten taels of gold) has risen to more than 465.

This price has increased by more than 416% compared to 10 at the beginning of the year.

February 2th is the last day of the "delivery" deadline of the Standard Gold Exchange.

Looking at the busy scene at the exchange, Chen Guangliang felt like he was at the New York Stock Exchange.

There are about ninety member units in the courtyard of the Shanghai Biaojin Exchange, but on the streets outside, there are more than a thousand people lingering.

People will send instructions to the "buyers and sellers" in the exchange by phone, and people in the exchange will also convey real-time prices to the outside world by phone.

“It’s rising again, it’s rising again!”

"Oh my god, the price of gold has risen so much! It was only 405 last year, and now it's 466!"

"This is just the limit! Not only has gold surged, but silver has plummeted as well. The exchange rate will continue to rise!"

"I heard that many people are smuggling gold and reselling it on the exchange!"

"That's normal. The whole of Shanghai is buying gold now."

Chen Guangliang looked at the enthusiastic crowd in the courtyard and thought that it would be impossible to buy low-priced chips in March!
Moreover, starting from March, four or five days will be set aside every month for settlement, because the accounts are now too large and settlement must be carried out once a month.

In this case, prices are more likely to rise!

Of course, we have to admit that Chen Guangliang's articles in Oriental Daily and Capital did influence the direction of the gold standard market. Without his presence, the gold standard price would probably be around 430-440, not so high!
As Shanghai residents began hoarding gold, this naturally boosted the gold futures market. Many gold traders, importing or smuggling gold from overseas, chose to cash out at the Gold Exchange (which offers spot trading) because the market there is large enough.

"Why don't you quit while you're ahead?" Yan Zhiduo said with a smile.

On the last day, both of them came to watch the game, after all, it was very exciting.

There was a hint of sarcasm in Yan Zhiduo's words, because this month the Changjiang Bank had made millions of dollars in gold futures; combined with what it had earned last year, it had already earned 150 million dollars.

This does not include the spot gold. Of course, the profit of 300,000 yuan there is not worth mentioning.

Chen Guangliang laughed and said, "I believe some 'short sellers' will emerge next month. It will be interesting to watch then! But I will definitely maintain my bullish outlook in the long term!"

Many people saw that the price had risen to above 466, and they thought it would fall, so they prepared to short sell in large quantities!

Yan Zhiduo looked at the confident Chen Guangliang and couldn't help asking, "How high do you think the price will go?"

Chen Guangliang, of course, wouldn't tell the truth. Instead, he said, "It's uncertain how much the stock will rise, but it will definitely rise overall this year. Next month, we'll grab half of the shares at the opening and buy the rest when the time is right."

Yan Zhiduo nodded. He now knew that Chen Guangliang was not only good at "commanding the overall situation", but also good at "local operations".

The day.

The standard gold futures closed at 468 yuan, and the Changjiang Money House made a profit of 110 million in two months!
the other side.

Wu Guizhen said, "Boss, we lost another 200 million!"

Cheng Linsheng calmed down and said, "Thankfully, we stopped in time and avoided further losses. It's okay, we can always make it back later."

They started out by short selling, but then stopped when they saw that public opinion was not in their favor.

So Cheng Linsheng felt that although he lost another 200 million, it was acceptable.

Wu Guizhen said, "Shall we continue short selling next month?"

The more it was at this point, the less likely Cheng Linsheng was to go long, so he said, "When the market opens next month, it will definitely go higher. Let's wait until it reaches 470. Besides, the delivery is now once a month, which is actually more beneficial to us."

Wow, he is really determined to 'short sell'!
This is not difficult to understand. If you had gone long, you would not have lost everything in your previous life.

On this day, Chen Guangliang, accompanied by Yu Qiaqing, met with the President of the Municipal Council, Fei Xindun, an American.

This was his first solo meeting with the Chief Executive of the Municipal Council, and of course, his status was high enough. The reason why he needed Yu Qiaqing, the "Chinese Director", to act as a go-between was because it was, after all, their first private meeting.

As soon as they met, Fei Xindun said amiably, "Mr. Chen, you will become one of the largest Chinese taxpayers in the International Settlement. It's a pleasure to meet you!"

Wow, it turns out I’m just a big taxpayer, which is why he’s so happy.

Chen Guangliang extended his hand and responded, "It's my honor. I came to see you today to investigate a chaotic situation in the real estate sector of the public concession, which poses a potential risk!"

Fei Xindun said, "As far as I know, your real estate company pioneered the 'stage and tiered' model, making Shanghai's real estate market more active. As more and more people can afford housing, our public concessions will also collect more and more tax revenue. What are the risks you're talking about?"

Every sentence is about taxes!
Chen Guangliang replied, "The current situation is something I hadn't anticipated. I'm very worried about a situation where many people collect funds from homebuyers and then invest the money elsewhere, ultimately preventing real estate projects from being completed independently. This is especially true if an economic crisis occurs, as the funding chains of many real estate companies shatter, leading to social unrest."

After hearing this, Fei Xindun's expression immediately became serious. After all, this was not what they wanted to see.

Then he said: "I didn't expect there is such a big risk here! Mr. Chen, this matter happened because of you. I believe that since you are standing here today, you must have your own opinions. You might as well just say it!"

Chen Guangliang nodded and said, "I suggest that any project must be registered with the Municipal Council before it goes on sale. At the same time, the project must have at least begun construction and be delivered within 6-9 months before it can be officially sold. This way, the real estate company has at least used its own money as a start-up for the project, thus mitigating some risks!"

Recently, he has been worried that if the "January 28 Incident" happens and the Shanghai Stock Exchange is full of real estate crashes, he will be accused of being the "culprit" at that time.

Especially now that "speculating on gold" is hot, some real estate companies may use their money to speculate on gold and suffer losses.

After thinking it over carefully, Fei Xindun said, "I will immediately convey your suggestion to the Public Works Bureau for discussion. We will then officially release the relevant regulations!"

Chen Guangliang said sincerely: "Thank you!"

Fei Xindun nodded and had a very good impression of Chen Guangliang. After all, if he really caused a riot, it would never be a good thing.

After leaving the Municipal Council.

Yu Qiaqing deliberately said, "Guangliang, be careful that other real estate companies will know that it was you who suggested this, or they will hold a grudge against you!"

Chen Guangliang said generously: "Rather than the real estate company holding a grudge against me, I'm more worried about hurting those homebuyers. I know what's more important!"

Yu Qiaqing also "hated" Chen Guangliang, but had to deal with him. He even embezzled Chen Guangliang's "commission" and never mentioned it on the surface.

As one of the "big landlords" in Shanghai, the rent can no longer be raised, so Yu Qiaqing is also angry with Chen Guangliang, the troublemaker.

"If you ask me, this is bound to get you into trouble sooner or later."

Chen Guangliang simply said, "Any advanced system must be developed through continuous improvement. Shanghai is experiencing a massive influx of people, but there's a vast shortage of housing. I think my system will do more good than harm."

There were only 450 houses for a population of 1927 million, according to data from .

Since the introduction of his two models of "renting land and building on behalf of others" and "phased and layered construction", it is estimated that from 1928 to 1931, the number of houses in the Shanghai market will increase by 50% (there will also be a large increase in itself).

While increasing the number of houses, it naturally greatly suppresses the "landlord's" bottom line, which is also very beneficial to those who rent houses.

Yu Qiaqing shook his head and said, "Then we will wait and see."

Haha, he himself is the "victim", so it's natural for him to say some sour words at this time.

On the other hand, Yu Qiaqing may appear wealthy, but in reality, his family and assets are vast, giving him the air of a hollow tycoon. While he collects a lot of rent in Shanghai, his other investments appear to be losing money.

Of course, Chen Guangliang doesn't care about these things.

"Well, the right and wrong, success and failure, should be judged by future generations."

After parting ways with Yu Qiaqing, Chen Guangliang planned to take some time to go to the municipal government again to make suggestions.

(End of this chapter)