Chapter 756 Ants on the hot pot

Chapter 756 Ants on the hot pot

At about 10:30 in the evening, Yao Yuan and the others returned to the Peace Hotel.

As soon as he came back, Yao Yuan called Zhou Chaoyang and the boss of the Beijing branch to the suite.

Then he led them to the east window of the suite, pointed to the buildings on the other side of the river and said:

"Mr. Zhou, Mr. Chen, I have decided to purchase the three high-end office buildings by the Huangpu River in Lujiazui to be used as the headquarters of the Magic City and many subsidiaries."

"These three office buildings are dozens of stories high and have a large office area. We may not be able to use them all in a short period of time, but it doesn't matter. They can be used as reserve office space."

"We can rent out one of the office buildings. When the group expands and needs to use it in the future, we can take it back for our own use, so we can prepare for a rainy day."

"These three office buildings are located on the riverside. They have an excellent location, unparalleled scenery, and have great potential for appreciation. Buying them now is definitely a bargain."

Zhou Chaoyang and Mr. Chen looked at the brightly lit skyscrapers on the other side of the river, and nodded in unison:

"Okay, Mr. Yao, we also think that these three office buildings on the riverside are better. On the Bund side, they can be used as three huge billboards. The advertising effect is excellent."

"Of course, the prices of these three office buildings are also higher. We will take action as soon as possible to acquire these three office buildings and then carry out interior decoration."

Yao Yuan nodded slightly and continued:

"The purchase of these three office buildings is the responsibility of the Beijing headquarters. The specific price can refer to the market price, which can fluctuate by 10%."

"But we must not let the other side's lion speak loudly. We are not used to this problem of theirs. Now that the real estate market has entered a downward channel, they must be very anxious to get rid of it."

"Okay, Mr. Yao, we will control the costs."

Mr. Chen nodded in response.

Yao Yuan turned to look at him and continued to assign tasks.

"The purchase of apartment buildings and a large number of ordinary residences in Shanghai is also the responsibility of the Beijing headquarters. Apartments and residences cannot be too far away from Lujiazui, which will increase the pressure of commuting."

"More importantly, the closer a house is to Lujiazui and the Huangpu River, the greater the potential for appreciation. It won't be a problem to increase the value five or six times in the future. This is also a value-for-money investment."

Both Zhou Chaoyang and Mr. Chen’s eyes lit up, and they joked:

"There is such a good thing. If it is doubled five or six times, the return on investment is too high."

"It seems that we will also take the opportunity to buy a few houses in the Magic City, and we can make a fortune by just leaving them alone."

Yao Yuan looked at them, smiled and nodded.

"Indeed, you are all short of money now. Because of your career limitations, you cannot invest in stocks, so invest in real estate. It is also a very good choice."

"With the rapid development of our country's economy, housing prices have begun to take off, especially in super first-tier cities such as Beijing and Shanghai. Doubling the housing prices is just a joke."

Hearing what he said, Zhou Chaoyang and Mr. Chen became more determined to invest in buying a house.

The places they chose to buy a house were naturally the capital and Shanghai.

After discussing for a while, Yao Yuan asked Mr. Chen to leave first, but left Zhou Chaoyang behind.

Prepare for him to call Bear Stearns CEO Schwartz to discuss acquiring Bear Stearns' high-quality assets.

At this moment, Li Shan suddenly knocked on the door and walked into the presidential suite.

After entering the door, she immediately said:

"Mr. Yao, didn't you ask me to always pay attention to the situation in the international financial market, especially the financial market in the United States?"

"Just now, news suddenly came from Wall Street. FGIC, the fourth largest bond insurance company in the United States, publicly announced that it was preparing to spin off its business and separate all subprime mortgage bonds into junk bonds."

"There are two other pieces of news. Texas banks announced that they were in a subprime mortgage crisis, with pre-emptive losses exceeding US$50 billion in the first quarter, and Virginia's largest local bank declared bankruptcy and liquidation. As these news came out, U.S. stocks began to plummet."

Listening to these bad news, Yao Yuan smiled all over his face.

For him and Jiuye Investment Group, this is absolutely great news, it is raining gold from the sky.

Of course, this is especially true for covert ops teams.

The next moment, Yao Yuan smiled and said:

"Great, we can make a lot of money again, this is like rain from heaven!"

"Mr. Zhou, you can call Schwartz. This time couldn't be better."

"Faced with the bad news that is coming one after another, Schwartz will definitely be anxious and eager to sell the high-quality assets in his hands as soon as possible."

"He should understand that the longer the time drags on, the less valuable those high-quality assets will be. In the end, it will be all in vain."

"In this case, he will set the lower limit even lower. I'm afraid he will have to accept the conditions we propose and will have no choice."

"Sister Shan, you stay here and make phone calls with Mr. Zhou, act as his translator, and communicate with Schwartz. I'll go to the bedroom to make a few calls and adjust the investment strategy."

Before he finished speaking, Mr. Zhou and Li Shan both started laughing.

"Okay, Mr. Yao, we'll contact Schwarz right now and kill him severely."

Yao Yuan smiled and nodded, then walked into the bedroom.

After closing the bedroom door, he first called Mr. Zhao and others from his securities investment company to learn about the international financial market.

As Li Shan said, the entire international financial market is now falling, with US stocks falling the most.

Especially for financial institutions that hold large amounts of subprime mortgage bonds, their stock prices have fallen so much that even their own mothers almost no longer recognize them.

After confirming that the news was correct, Yao Yuan immediately began to adjust his investment strategy, striving to maximize the harvest of more wealth from the international financial market.

Many investment teams at the Hong Kong Island headquarters responded quickly, increased short selling efforts, and continued to make crazy money from the international financial market.

After calling Mr. Zhao and the others, Yao Yuan called Gao Huan and asked Gao Huan to send in a military satellite phone.

After Gao Huan left the bedroom, he immediately called Uncle Chen from the secret operations team to discuss how to deal with the latest changes in the situation and quickly adjust his investment strategy.

In fact, the covert operations team received the news first and responded immediately.

At this time, the secret operation teams and investment teams all over the world have all come to an end and are free to loot the international financial market!

While talking, about fifteen minutes had passed.

After making the call, Yao Yuan opened the door and walked out of the bedroom.

At this time, Zhou Chaoyang and Li Shan were sitting on the sofa chatting.

Seeing Yao Yuan coming out, Zhou Chaoyang immediately stopped talking and began to report the situation.

"Mr. Yao, we just called Schwartz. As you said, this guy is now an ant on the hot pot."

"He agreed to the conditions we proposed and sold the high-quality assets held by Bear Stearns to us. The specific transaction price will be discussed in person."

"They also promised to open up the relationship between the sec committee and the Federal Reserve and obtain permission to sell related assets. They will start doing this immediately."

"Schwartz also put forward a condition, hoping that we would buy some of the subordinated bonds they hold at a price as low as 50% off."

Yao Yuan shook his head disdainfully and said with a sneer:

"More than three-quarters of Bear Stearns' assets are subprime mortgage bonds and related bonds. This is the fundamental reason why they are in a quagmire and cannot extricate themselves."

"These subprime mortgage bonds are now garbage, not even garbage. I don't even want them for free. Schwartz wants to sell them at a 50% discount. He is really crazy."

"Tell Schwarz later that we are not interested in the subprime mortgage bonds they hold and will not buy any of them. We are only interested in the equity and corporate bonds of famous high-tech companies they hold."

"If he can accept this condition and obtain formal approval from the SEC Committee and the Federal Reserve, then let Schwartz lead a team to Hong Kong Island for negotiations, otherwise they will wait for bankruptcy."

"Another point is that once we both reach a deal, they must assist us in completing the registration of changes in the corresponding equity and bonds with the sec committee to ensure normal transactions. Only in this way can they get the money."

Zhou Chaoyang paused for a moment, then smiled and nodded.

"Okay, I'm going to tell Schwartz that with the situation that they may go bankrupt at any time now, it won't work if they don't agree!"

With that said, he took out his cell phone and started making calls again.

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