Rebirth began in 2004.

Chapter 129 Participating in Speculation

Chapter 129 Participating in Speculation
In mid-March, Yang Hongmei suddenly returned to the orchestra from Rongcheng.

"Chen Wei, how much impact do you think the subprime mortgage crisis will have?"

Facing Yang Hongmei's sudden question, Chen Wei was a little dazed.

Chen Wei learned more about the subprime mortgage crisis from news reports.

Yang Hongmei suddenly asked such a serious question, obviously not just asking casually.

Then there is only one conclusion.

Yang Wei asked back in surprise: "Aunt Yang, you don't want to participate in it?"

Yang Hongmei seemed to have made up her mind: "Why not? Every crisis also means an opportunity."

Earlier, Chen Wei said that there was a problem with the financial market on the other side of the Pacific Ocean, and Yang Hongmei also focused on it.

Since August last year, the problem has been completely hidden.

It has been more than half a year now, and the problem has not been brought under control, but has intensified.

opportunity!

Before Chen Wei, he really hadn't considered participating in this crisis.

In the A shares, he already felt that he had earned enough.

"But, Aunt Yang, do you understand financial operations?"

Yang Hongmei snorted softly: "How dare you look down on me? I'm really not good at operating the financial market, but someone is good at it."

Someone good at it?

Does Yang Hongmei know anyone?

Chen Weifu went to his heart and asked, "You mean, Qin Hao?"

Yang Hongmei nodded lightly: "Qin Hao hurried to the country of America just for this matter."

"This time, I am also planning to go to the United States. I will bring 50 million US dollars. If I lose money, it will be considered that I did not make this money before. If I make a profit, and it is still a big profit, we will be able to do it in the future." I have truly achieved financial freedom.”

"It's really like what you said, we can really have a place in Huaguo."

Chen Wei hesitated. If Yang Hongmei wanted to go to America, it would be thousands of miles away.

Now that Yang Hongmei is in Rongcheng, she can still come back from time to time for a visit. She has gone to the United States, but she can't come back for several months.

But obviously, Yang Hongmei had already made a decision in her heart.

"It's not a good place over there. If you go there, be careful."

"You can pay attention to Lehman and GM. I think these two companies will go bankrupt."

Will Lehman and GM go bankrupt?
Yang Hongmei was shocked. One is the fourth largest investment bank in the world, and the other is the symbol of the automobile industry in the United States.

If these two companies go bankrupt, then it will be a lot of fun.

It also shows from the side that this crisis is more serious than I imagined.

"Judging from the current situation, the global financial market must be going down throughout this year. As for when will it reach the lowest point?"

Chen Wei couldn't help touching his chin. He remembered that after the Olympic Games, the domestic media began to report a lot about the financial crisis.

At that time, it was also the time when the financial crisis was at its worst.

"Should be at the end of the year or early 09."

Yang Hongmei took a deep look at Chen Wei. She trusted Chen Wei's financial judgment.

During the bull market of A shares, they made a lot of money.

"Okay, I know what to do."

After communicating with Chen Wei, Yang Hongmei returned in a hurry and left in a hurry.

Before leaving, Yang Hongmei asked Chen Wei to be in charge of Hengtong Group's affairs. She had already explained to Liu Rong and the others that she would come to Chen Wei if she had anything to do.

Really catch the ducks on the shelves!

As for the situation of the new Hengtong Group?
Just Hengtong Group!

In order to facilitate the management of the three subsidiaries, Yang Hongmei registered Hengtong Group Company.

Hengtong Group wholly owns Hengtong Real Estate, Hengtong Industry and Hengtong Investment.

Chen Wei's shares in Hengtong Investment were converted into shares of Hengtong Group.

Now Chen Wei holds a 20.00% stake in Hengtong Group.

Among the three companies, Hengtong Real Estate is the most important.

Hengtong Real Estate currently has three projects in progress, Hengtong First Building in Lechi, Tianhu Manor in Yanghe and Hengtong Garden in Rongcheng.

The project in Rongcheng has now officially started construction, and is waiting to get the pre-sale certificate to start the official pre-sale.

The first phase of Hengtong Building was handed over in October last year, and the time for the second phase is approaching.

The sales situation of the second phase is quite good, with 70.00% sold.

Although there are still 30.00% that have not been sold, it doesn't matter anymore.

Because it is enough to support the development of the entire project.

On the afternoon of the weekend, Chen Wei went to the first building of Hengtong for inspection.

For Chen Wei, a young man who came to inspect, no one dared to treat him slowly.

Chen Wei's current title is Deputy General Manager of Hengtong Group.

Yes, the vice president!
Yang Hongmei is the chairman and general manager.

Liu Rong watched the project with Chen Wei, and by the way came back from Rongcheng by car on the weekend to see the children.

In order to work, Liu Rong gave up a lot of things, and often did not see her children for several weeks.

"Mr. Chen, the four buildings of the second phase of Hengtong's first building will be handed over in September this year."

At this time, the second phase has been fully capped, and the main construction has been completed, leaving only the installation of internal fire protection facilities, water pipes, gas pipes, wires, elevators, etc.

All of these will take a long time to get done, not to say that it can be done in a month or two.

Chen Wei: "What about this side?"

"It is expected that the house will be handed over in November and February."

Chen Wei nodded lightly: "There is no problem with the quality, right?"

This kind of high-rise building has an earthquake-proof level requirement.

On the side of the orchestra pit, there has never been an earthquake since it was recorded in history books.

But Chen Wei knew that a big earthquake was about to happen.

He knew, but could do nothing about it.

Very helpless thing.

If Chen Wei went to tell people that an earthquake would happen at a certain time, he would have to be treated as a lunatic.

The earthquake really happened at that time, how should Chen Wei explain it?
For Chen Wei, the biggest secret in his heart was exposed, which was unacceptable.

Now Chen Wei can only subconsciously forget about it.

Liu Rong: "After each building is completed, we will find an appraisal agency from Rongcheng and Yuzhou to test the quality of the building. They all meet the design and construction requirements."

In terms of building quality, Yang Hongmei has extremely strict requirements, and she doesn't want to make money that is ignorant of her conscience.

Hengtong Real Estate will also give a copy of the construction quality inspection report to the buyer when the house is handed over.

In the house purchase contract, of course, this report was not written.

The template of the house purchase contract is uniformly formulated by the province. There may be some modifications in some details, but they are basically the same.

Chen Wei nodded lightly: "There are only two requirements, construction quality and safety. Safety needs to be publicized more. By the way, do you buy insurance for construction workers?"

Liu Rong wondered: "Mr. Chen, construction workers do not belong to our company, but outsourced workers."

Chen Wei opened his mouth and said nothing.

Many things, well thought out, but very difficult to do.

These workers do not mean to work on one construction site, and after finishing the work at this construction site, they will go to another construction site.

On the construction site, it is now also a streamlined construction.

Starting a construction company yourself?
After Chen Wei thought about it, he gave up directly. The construction company was too troublesome.

How Hengtong Real Estate should develop in the future, Chen Wei has not figured it out yet!
The next few years will still be a good development period for the real estate industry.

Now basically, it's a company that's throwing itself into real estate.

As far as Chen Wei knows, in a small county like Lechi, there are several local real estate companies, not including real estate companies from other places.

Next, there will definitely be problems due to a broken capital chain.

(End of this chapter)

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