Reborn in America, I'm serious about making money.
Chapter 324 Tightening Investment
"Hey Allen, we're tightening our investments, and we'll be taking back yours too."
While Allen was still in Los Angeles, Zhang San and Allen began a secret meeting. The two were currently on the rooftop of a building, which had been set up as a simple open-air sunbathing area. They were basking in the autumn sun under a parasol.
After Zhang San's bodyguard used the instrument to test him several times, he left. Even so, the two of them still kept their voices down.
"I'll listen to you, Stephen. You won't lie to me."
In just over two months, it will be Christmas, and 2006 will be here. Zhang San's investments aside, Allen's wealth has also accumulated to a very large extent. It's all in cash, and it's currently deposited in an overseas bank, but not in his name. Instead, it's deposited in the name of a trust fund; of course, it's not just one trust fund.
"It's too hot right now, and I'm a little worried." Zhang San spread his hands, looking helpless, and his worry was genuine.
"Helen misses you and the children," Allen suddenly said, startling Zhang San.
"It's fine as it is now, isn't it? They'll be fine too. Maybe Dean's descendants can run for President of America."
Dean is Helen's son. His face shape is very similar to his mother's. Apart from having black hair, only his chin and mouth are very similar to Zhang San's. Fortunately, he has a high nose bridge like his mother.
"Okay, you always have paranoia. Let's not talk about this anymore. If I withdraw all my assets, how much might that amount to?"
"In the past few years, your global investments in stocks, bonds, and real estate have totaled over 13 billion. If all of them were to be recouped, it would be around 220 billion, after deducting labor costs and other expenses, and taxes."
"Wow, doesn't that mean I've struck it rich?"
"Hehe..." Zhang San smiled without saying a word. Cashing out so much in a year was indeed a bit troublesome, but not too much. It was a global investment, so he could only gradually reduce his holdings. By 2007, he had almost completely sold off his shares.
The two chatted for a bit more, and Allen left behind a camera before departing. Jessica had already called to tell him to return to the island nation as soon as possible.
Zhang San picked up the camera, a brand new model from Japan, with a large file size of 40GB. He opened it and started watching. It contained videos of Helen and Dean playing together. Although the two might only see each other once or twice a year, Zhang San couldn't help but smile as he looked at Dean.
"What a lovely child."
Zhang San unconsciously thought about it and realized it had been five months since he had seen his son. He decided to go see his son before Christmas.
Now that the plan to recoup the investment has been set, it will naturally begin to be implemented. The first thing to be cleared out is, of course, North American securities, bonds, various financial contracts, and financial derivatives. The investment in Wall Street is enormous. Over the years, Allen has amassed a fortune of more than 10 billion US dollars through filming and dividends. Of that, 3 billion US dollars is invested in Wall Street, mainly in the purchase of stocks of listed companies or financial companies related to real estate.
Over the years, I've made a considerable profit, and now I'm gradually clearing out my holdings. No one will say anything about it. Moreover, the high-tech and internet stocks I hold have not been sold.
This is a long process and it won't be sold in a short time, but they still have plenty of time.
Then there's the property management. After Zhang San decided to clear out his properties in New York, Los Angeles, San Francisco, and other places, soon many real estate agents found themselves with a lot more mid-range properties, which began to appear in large numbers in people's field of vision.
Moreover, the price was only the market price, which naturally made it popular with many people.
Of course, besides liquidating stocks and selling properties, I will also short sell a small amount in the future. When everyone sees that there is a crisis in the real estate market, it will be a logical thing for me to short sell, and no one will doubt me.
In addition to properties in North America, there are also properties in Europe and Asia. Such a large-scale sale of properties might cause turmoil if it were in one place, but with more than two billion US dollars of properties spread across two continents, it seems like a small amount and will not cause any crisis or turmoil.
"Buying property now is a great idea. This property is only HK$2 billion. Although it's a bit out of the way, it has a lot of rooms. If you rent it out, you can earn HK$100 million a year. If you renovate it and add more rooms, you can earn HK$150 million a year from rent. It's a real bargain."
In Tuen Mun, a 28-story apartment building occupying 10,000 square feet is being sold for only HK$2 billion, and real estate agents are trying to sell it to people.
This is a property that was suddenly ordered to be sold by the authorities this year. The agent knows this building. He bought it for HK$500 million years ago and earns HK$100 million a year from rent. Although it is a bit old, the profit of this building is still very high. The rent has not increased for many years, which makes it easy for them to rent it out. Compared with the city center, the rent here is much cheaper.
This apartment building was one of the properties acquired by the property company that Zhang San and Allen jointly invested in. They are selling it now, but they might be able to buy it back in the future.
"Sir, this property is very cheap. If you buy it now, the rental income will cover the interest, and you'll even make a profit..."
The agent was extremely envious. He thought, "If only this building belonged to me, I could earn 100 million Hong Kong dollars a year. Wouldn't that be great? Besides, when I have nothing to do, I can go out and pick up girls in the city and be a groom every night. Wouldn't that be wonderful?"
"I'll think about it some more and contact you later." The customer was still a little hesitant. He only had 300 million in cash available, and the loan required a down payment of at least 600 million Hong Kong dollars. Now he could only think about how to raise the funds. If he couldn't raise them, then he would have to give up.
A month later, the customer raised the difference and called to inquire, only to be told that the apartment building's price had now risen to HK$2.2 billion.
The customer across the table gritted his teeth and said, "Could you give me a smaller portion?"
"Sir, the market price has already gone up. Homeowners are well-informed and have followed suit. It may go up again next year."
"I'll buy it, sign the papers, and then I'll make the payment."
Compared to other places, properties in Hong Kong are sold more quickly.
As sales continued in Hong Kong, prices rose, and by Christmas, a quarter of the stock had been cleared, bringing in HK$37 billion.
In other cities, only slightly more than one-fifth of the properties were sold. In comparison, the properties in Hong Kong are easier to clear.
This money will be temporarily invested in the Hong Kong stock market, but only for short-term gains.
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