Reborn Tycoon Rise

Xiangjiang, Cultural Oriental Hotel:

When Xu Zhi and Yuan Tianfan arrived at the reception room, Bao Fuda and Chen Songqing had already arrived.

"Xu Sheng, Yuan Sheng, please sit down." Chen Songqing and Bao Fuda both stood up and greeted them with a polite smile.

The Cultural Oriental Hotel is a hotel owned by Land Company. Bao Fuda and Chen Songqing specially arranged a luxurious banquet to entertain Xu Zhi and his wife.

"Thank you." Xu Zhi replied with a smile after sitting down.

Bao Fuda waved to the waiter, then smiled and said to Xu Zhidao: "I heard that Xu Sheng likes Australian lobster very much. I specially arranged for someone to make this one. Xu Sheng can try it and give our hotel chef some advice."

"Thank you. I heard that the chefs at the Cultural Oriental Hotel are among the best in the whole of Xiangjiang. It seems that I am in luck today!" Xu Zhi said with a smile.

Bao Fuda said: "If Xu Sheng is interested, you can come here every day to enjoy delicious food. Our hotel welcomes you."

"Haha, okay, as long as the taste is good, our company's annual meeting will be held here this year." Xu Zhi said casually with a smile.

"Cultural Oriental Hotel will definitely go all out to provide customers with the best service." Bao Fuda nodded and smiled.

Companies in Xiangjiang, like those in mainland China in later generations, have the habit of gathering together for annual meetings before the Chinese New Year. However, companies such as Midea, Evergrande, Hutchison Whampoa, and Hong Kong Electric are too large to have everyone gather together for dinner. Other large companies in Hong Kong The same goes for companies.

The normal practice is that the company pays for it, and each department or branch decides its own time to have separate dinners. However, the head office will arrange for middle and senior leaders to hold large-scale annual meetings. Because the level is higher, large hotels will inevitably be chosen, and the dining standards will be higher. A lot, which is naturally the best customer base for large hotels.

If it were in previous years, during the Spring Festival, hotels would not have to worry about no one coming to deliver money. However, in the current economic situation, many company bosses are wary, fearing that cash flow will dry up, and employees are also worried, fearing that they will be fired at this time. Had squid.

Therefore, the business of major hotels in Xiangjiang this year is much worse than in previous years. Whether it is a company dinner or an individual family gathering, many people will avoid expensive venues. Naturally, the Cultural Oriental Hotel has also received a lot of attention. impact.

After chatting for a while, Chen Songqing stood up, poured a cup of tea for Xu Zhi, and said with a smile: "Xu Sheng, I really envy your several companies. Midea's electronic products are conquering cities overseas. I heard that your recent... The comic company's products are also popular in Japan. Recently, the real estate market in Xiangjiang has been unsettled, and we real estate companies are suffering terribly. Xu Sheng, you are sitting firmly on the Diaoyutai, which makes us envious."

Xu Zhi said with a smile: "In crisis, there are opportunities. The real estate market is a cyclical industry, and there will always be peaks and troughs.

Selling more properties during peak times and building more land during low peaks. As long as you survive it, you will definitely be able to make a lot of money! "

"It seems that Xu Sheng has been selling off a large amount of Hutchison Whampoa's land and properties in the past few years, so he has predicted this crisis." Chen Songqing nodded and asked.

Xu Zhidao: "It's not a prediction, it's just a gut feeling. I don't know when the real estate downturn will come, but I'm just willing to retreat. I'll take action when it's time to do it, and I won't make the last penny."

The real estate market in Xiangjiang has given birth to countless elites. These people have been in business for decades, and their vision can be said to be the most cutting-edge.

The housing prices in Xiangjiang have reached a level that is unaffordable for the public. These real estate giants have long been able to see the problem, but the high-speed train is already moving too fast and it is impossible to stop.

Stop, if the real estate market had not reached a downturn, the company would have been eliminated by the entire market due to the temporary brake. This kind of loss would be so huge that no ambitious businessman could accept this outcome.

After touting some praise, Chen Songqing continued: "Currently, the real estate market in Xiangjiang has fallen into a downturn, and all real estate companies have encountered financial difficulties. At this time, the banking industry should cooperate with real estate companies instead of rushing Take out a loan to protect yourself, Xu Sheng, do you think what I said is right?"

Xu Zhi nodded and said: "Bank of East Asia is not in a hurry to ask Land and Caring to repay the loan in advance. It just requires more collateral."

Bao Fuda then said: "Nowadays, the entire real estate market in Xiangjiang has dropped a lot. All properties have dropped by at least 20% in their accounts, but in fact there has been no change in the collateral. Xu Sheng, Xiangjiang's dozens of There have been many real estate crises in recent years, but overall, land prices and house prices have been rising. As long as we survive this period, sooner or later the properties and stocks we mortgage will return to their original prices or even higher, so we We hope that Bank of East Asia can continue to cooperate with Land and Carnegie Group during this period."

"You are right. I am very confident about the properties in Xiangjiang, but I can't say for sure about stocks." Xu Zhi smiled and shook his head and said, "You two have mortgages on some loans from the Bank of East Asia. Things are their own stocks, I don’t trust that.”

Bao Fuda frowned and said, "What does Xu Sheng mean?"

Xu Zhi said: "Either China Land or Jiangning will increase the property mortgage, or Bank of East Asia will stop the loan for the third phase of Jianging Building."

Bao Fuda and Chen Songqing both frowned after hearing this. They could not agree to either of these two choices.

It seems simple to increase the collateral. With the current scale of Land and Jia Ning, even if we encounter the current real estate crisis, it is not a problem to take out a piece of property and re-mortgage it. It's just that if there is one thing, there will be two. Once other banks know about it , then they will also make similar demands. As a result, Land cannot withstand pressure on this scale.

And if the Bank of East Asia cuts off the third phase development funds of Jiani Building, it will inevitably cause external investors and financial institutions to worry about the operating conditions of Land and Jiani. This will also cause a series of problems, not to mention, Jiani The building itself has trapped billions of funds from the two major companies. The sooner this project is completed, the sooner the funds can be withdrawn and the other projects of the company can be protected.

Xu Zhi took two sips of tea leisurely. He was not in a hurry about this matter.

After waiting for a moment, Chen Songqing asked: "Xu Sheng, let's open the skylight and tell the truth. How can we let this matter go?"

Xu Zhi smiled, looked at the two of them and said, "Well, I have another method here. Since both companies have financial difficulties, Bank of East Asia has its own operating rules, and it is not convenient for me to interfere too much. However, I can personally provide some help and acquire several assets of your company. This way, you will have enough cash in your hands. It can be said that you kill two birds with one stone. What do you think?"