I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 143 Social security funds in place, real estate projects started

"Agricultural Bank of China has completed shorting Sanxing, totaling 2500 million shares, with a total market value of 48 trillion Bangcoins."

"CCB has completed shorting Sanxing, totaling 2000 million shares with a total market value of 38.5 trillion Bangcoins."

"BlackRock has completed shorting Sanxing, totaling 500 million shares with a total market value of 11 trillion Bangcoins."

“ICBC completed shorting SK, totaling 2000 million shares, with a total market value of 42 BamCoins.”

"Longxing completed the shorting of SK, totaling 1500 million shares, with a total market value of 33 trillion BamCoins."

……

After hearing the reports from the traders, Yang Chen nodded with satisfaction, and then said: "OK! Everyone can take a break and wait for my follow-up operations."

The five major banks have become accustomed to Yang Chen's operating methods, and the traders withdrew from the video conference and went back to their main work.

The traders from BlackRock and Vanguard were not used to Yang Chen’s operating methods yet, and they all looked at Yang Chen in surprise.

Pacquiao asked: "Mr. Yang, can you tell me what to do next? I really want to learn some trading techniques from you."

Barkley also said: "Isn't it possible that Mr. Yang knew something in advance this time?"

Yang Chen laughed loudly, and said: "How can I teach others how to eat? The two bosses, please don't embarrass me. Anyway, if I help, everyone can eat their fill. You can go to the hotel to rest, or go shopping, or meet other clients. Don't worry about short selling, I will take care of it all, you just need to wait for the final closing of the position and collect the money."

Paquisao and Barkley wanted to learn Yang Chen's trading methods, but Yang Chen was unwilling to reveal too much, so they were helpless.

Yang Chen stood up and returned to his office. Chen Xi hurried over to report, "Director Yang, a call just came in. He said he was from the Social Security Fund Management Committee. They will have a team coming to visit you later. I hope you can arrange time to meet them."

Yang Chen nodded, and said: "When they arrive, take them to the conference room to wait for me. I guess they want to put the funds here for operation. People are afraid of being famous just like pigs are afraid of getting fat."

Chen Xi smiled and said, "That can't be helped. You are so powerful. Powerful people should take on more responsibilities."

“Haha… go make me a cup of coffee to wake me up.” Yang Chen said.

Chen Xi nodded and hurried to make coffee.

More than half an hour later, Zhang Guangyao, director of the Social Security Fund Management Committee, brought his team to Sihai Group, and Yang Chen met with them in the conference room.

Zhang Guangyao and others greeted Yang Chen, and after some pleasantries, they got down to business.

Zhang Guangyao said: "Mr. Yang's ability to operate is obvious to all and has a good reputation. The social security fund is under great pressure. We must find ways to invest and earn returns while ensuring the safety of funds in order to continue as long as possible. It is really shocking that Mr. Yang can turn 200 billion into 1100 billion in less than two months. We want to withdraw 100 billion funds for Mr. Yang to operate, and Mr. Yang can give us a reasonable annual rate of return. Of course, this annual rate of return must be based on the premise that the funds are 100% safe. I hope Mr. Yang can help, which can be regarded as a great contribution to the country and the people."

Yang Chen quickly refused, “I’m afraid this won’t work. It’s not that I don’t want to contribute to the country and the people, but the social security fund cannot tolerate any risk. You also know that I operate stocks, and most of them are short-selling to make money, which is very risky. If something goes wrong, I can’t bear the consequences. If it’s other funds, we can discuss it, but I can’t accept social security funds.”

Zhang Guangyao said quickly, "Don't be too nervous, Mr. Yang. It's not that serious. You see, we are also investing, but our operating capacity is limited and the income we earn is relatively small. This is what I think. We will give Mr. Yang 100 billion to test the waters. As long as the annual rate of return is not less than 10%, the extra profit will be Mr. Yang's profit. We will never ask for a penny more. We will not let Mr. Yang help for nothing. When Sihai Electronics' memory sticks are on the market, we will contact the relevant departments and ask them to tell all companies to give priority to using Sihai memory sticks. What do you think, Mr. Yang?"

Yang Chen smiled and said, "Deal!"

Everyone in the Social Security Fund team was stunned, and then they all burst into laughter.

Zhang Guangyao stood up and walked forward to shake hands with Yang Chen and said, "Thank you, Director Yang. It can be seen that Director Yang is a very straightforward and sincere person. I like dealing with people like you the most. So when can we send the funds over?"

“I will ask Sihai Finance to release Xingli No. 2 and reserve 100 billion shares for you.” Yang Chen said.

Zhang Guangyao asked in surprise: "Director Yang is going to release Xingli 2? How much are you going to release this time? Is it still 1000 billion?"

Yang Chen nodded.

"Oh, you have already distributed 1000 billion, why do you only reserve 100 billion for us? How about this, reserve 500 billion for us," said Zhang Guangyao.

Yang Chen raised his eyebrows, and said with a smile: "You just said that you should be more cautious and give me 100 billion to test the waters first. Now you directly increase it to 500 billion?"

Zhang Guangyao explained with a smile: "I thought about it. If 100 billion goes wrong or 500 billion goes wrong, the consequences for me are the same, because I can't afford the consequences. I will definitely go to jail for the rest of my life. But if 100 billion succeeds or 500 billion succeeds, the results will be completely different. I think 500 billion is more appropriate."

Yang Chen smiled and gave Zhang Guangyao a thumbs up. There was nothing wrong with what he said.

The two parties reached an agreement on this. When Sihai Finance releases Xingli No. 2, it will leave a share of 500 billion for the social security fund. The annual rate of return of this reserved fund will not be lower than 10%. The remaining part will still be in accordance with the provisions of Xingli No. 1, with an annual rate of return of no less than 6% and no more than 10%.

The Social Security Fund promised that when Sihai memory sticks were launched on the market, it would notify the relevant departments and order the Longguo market to give priority to using Sihai memory sticks.

After seeing off the social security fund team, Yang Chen called Zhao Jing and others in.

"Si Hai Investment is short of a president. Are you guys interested?" Yang Chen asked.

Zhao Jing and the others all have masters of finance, which can be considered a good match for their majors.

"Yes!" Zhao Jing replied immediately.

"Me too!" Huang Wei followed up.

"Then let's draw lots. This will be fairer and won't make things difficult for Director Yang." Bai Zhi said.

"I agree!" Gao Ya said.

Yang Chen nodded, and asked Chen Xi to make a paper ball and draw lots for the four of them.

In the end, Zhao Jing caught the "President of Sihai Investment".

Yang Chen smiled and said, "Congratulations. From now on, Sihai Investment will be handed over to you for management. You will start Xingli No. 2 now, and the scale will still be 1000 billion, of which 500 billion will be reserved for the social security fund, and the rest will be snapped up by the public. The social security fund's part of the funds will have a guaranteed annual return of 10%, and the annual return rate of other funds will still be no less than 6% and no more than 10%. 80% of the funds will be loaned to Sihai Real Estate at no interest, and 20% will be left to invest in stocks. Is that clear?"

Zhao Jing nodded quickly and said, "Understood! Don't worry, Director Yang, I will do it beautifully. Thank you for your cultivation, Director Yang, you have the final say on what posture tonight."

Yang Chen couldn't help but burst out laughing, and immediately put on a very serious look and said, "Be serious, be serious. Don't mention personal matters while working."

Zhao Jing nodded quickly and said loudly: "Got it!"

Zhao Jing immediately went to the Sihai Investment Department and started to produce the Xingli No. 2 financial product.

With the successful case of Xingli No. 1, Xingli No. 2 was released very smoothly.

500 billion yuan of social security funds were used to purchase the reserved portion, and the remaining 500 billion yuan was left for the public to buy.

In less than half an hour, all the 500 billion yuan that the public had snapped up were sold out, and "Si Hai Releases Xingli No. 2" was on the hot search list of major platforms, and was even pushed on the front page of financial and economic platforms.

"What the hell! What did I see in the description? The social security fund has priority to subscribe for 500 billion! Boss Yang's trading ability has been officially recognized. The social security fund has come."

"Xingli No. 1 has achieved the highest promised rate of return in less than two months. Who wouldn't be jealous? I think 500 billion is still too little. It's better to give all the social security funds to Boss Yang to manage, let him go to the international market and dominate, and the state will provide protection. If we encounter a country that does not abide by market rules, the state will take action to get the money back."

"They were sold out in less than half an hour, and I'm still waiting for my wife to transfer the money to me. I can't even wait for the shit to get hot. Boss Yang is really something. If he has the ability to operate, why not issue more? Just go straight to 1 trillion, and ordinary people like us can also get a share of the profits."

"This world is too crazy. Has everyone forgotten that Sihai Group is still a company with more than 2 trillion in debt? Everyone is scrambling to give money to it. There is no risk awareness at all." "Are some people stupid? What does the debt owed by Sihai Group have to do with Boss Yang? People all over the world have witnessed how well he has done since taking over Sihai Group. Your cognitive ability is worthy of your poverty. When Boss Yang pays off Sihai's debt, will it be your turn to get a share of the profits? The money from the country and various wealthy people alone will have to line up for him to choose. Now at least you can get a share of the profits. By then, ordinary people like us won't even have a chance to smell it."

……

To be honest, now is indeed a brief opportunity for ordinary people to get a taste of the benefits from Yang Chen. As Yang Chen's trading ability is recognized by more and more people, various funds will definitely line up to beg him to cooperate. At that time, ordinary people will not even have the chance to get a taste of the benefits.

Sihai Real Estate is delighted to have received another 800 billion yuan in funds, which will allow it to start construction of unfinished projects or projects that have been pre-sold but not yet started.

As long as Sihai Real Estate's business can be put into operation, the more than 2 trillion yuan of debt will not be difficult to repay.

Zhang Jinsong, president of Sihai Real Estate, invited Yang Chen to a meeting. After careful preparation, the planning map of Sihai City came out.

According to Yang Chen's request, 500 acres of land were set aside to build a residential area, and the rest was used to build office buildings, shopping malls, playgrounds, kindergartens, elementary schools, junior high schools, high schools, hospitals, etc.

The municipal government has also agreed to place the west campus of Jiangcheng University next to Sihai Fortress, but demolition will continue nearby. In order to unify planning and urban appearance, the municipal government will allocate approximately 500 acres of land to Sihai Real Estate for development and use.

In order to make good use of these 500 acres of land, the area of ​​schools and other places was increased.

For example, the planned area of ​​the West Campus of No. 300 Middle School in the city reaches acres, including teaching buildings, laboratory buildings, student dormitories, faculty and staff dormitories, indoor gymnasium, multimedia entertainment building, outdoor stadium, two canteens and commercial areas, as well as an artificial lake and grassland. Cherry trees are planted on both sides of the main road, and paths for walking are built under the trees.

About 800 acres of land will be reserved for building adventure houses with themes of "Ghost Blows Out the Light" and "Grave Robbers' Chronicles". The two themes of "Return to the South China Sea" and "Seven Star Palace of Lu" have been finalized.

If the entire Sihai City is built to the highest quality, the total investment should be between 400 billion and 450 billion, and additional investment may be required.

Adding the money that has been inexplicably spent on the previous Yuangang Village demolition plan, the total cost after completion of this project will be at least 600 billion.

Such a huge investment cannot be recovered simply by selling houses, and can only be recovered slowly through subsequent commercial operations.

Yang Chen smiled and said: "We want to build more than just commercial residential buildings, so we can't use the traditional model to calculate. And the main value of this project is not to make money, but to give confidence to the people of the country and change everyone's view that Sihai Group will go bankrupt. This cannot be measured by money. Let's do it. Didn't we just give you 800 billion funds? Take it out and do it boldly."

Zhang Jinsong nodded and said, "Okay! Thank you, Director Yang, for your trust. I will definitely do a good job on this project."

Yang Chen smiled and nodded, and said: "I believe in everyone's abilities, Sihai City will definitely be a big hit! By the way, Mr. Zhang, please communicate with Sihai Entertainment and let Yang Min endorse Sihai City, and promote a high-end image."

Zhang Jinsong nodded and said, "Okay. What about the filing price? We plan to sell it at an average price of 2.5. Is that okay with you?"

The average real estate price in Jiangcheng is a little over 1.8 yuan, and the price of 2.5 yuan for Sihaichengzhai is already considered the price of a top commercial residence.

But Yang Chen was still not satisfied.

"The registered price is over 3.5." Yang Chen said.

Zhang Jinsong said in shock: "More than 3.5? Too high, right? It's hard to sell. Especially in the current economic situation, most people can't afford this price."

Yang Chen smiled and said: "Our package is worth the price."

Zhang Jinsong hesitated for a moment, then nodded and said, "Okay, raise it to more than 3.5!"

According to Yang Chen's prediction, real estate will definitely be polarized in the future. The prices of high-end commercial residential properties will continue to rise. These are for rich people to live in, while ordinary people, such as migrant workers from other places, can only buy old and dilapidated houses and affordable housing.

As society has developed to the stage where there is a huge gap between the rich and the poor, the rich and the poor will definitely be separated, not only in terms of housing but also in terms of hospitals. The recent relaxation of the country's restrictions on foreign-funded hospitals to operate domestically is the biggest signal.

It is really degrading for rich people to compete with a bunch of poor people for medical resources. In the future, when foreign-funded hospitals enter the market, they will poach good doctors with high salaries. Rich people can go to foreign-funded hospitals to enjoy VIP-style high-quality medical services, and other hospitals will be left for the poor to continue to queue up and crowd in.

This is the inevitable result when social and economic development reaches a certain stage. Yang Chen must plan for high-end business and services as soon as possible.

Sihai Real Estate immediately sent a confirmation notice to the Jiangcheng Municipal Government, and both parties started construction according to the finalized plan.

Soon, the magnificent Sihaichengzhai sales office and model room were opened to the public, and posters and advertisements of spokesperson Yang Min began to be released through all channels.

In addition, Sihaichengzhai also held a press conference, and its spokesperson Yang Min, author of "Ghost Blows Out the Light" Bachang, and author of "Grave Robbers' Chronicles" Sanshu, personally came to the scene to interact with the audience.

The three of them also announced two major theme adventure house projects, "Return to the South China Sea" and "Seven Star Palace of Lu", which caused screams from the audience.

The press conference was live-streamed on platforms such as TikTok, and netizens were very excited.

"Oh my god, Boss Yang is so energetic these days. He has started another big project. The total investment is 600 billion. How luxurious will the residential buildings be?"

"Boss Yang really has an idea. Anyone who has read the novels would want to experience the adventure houses themed "Nanhai Guixu" and "Qixing Lu Palace", right? If the ticket price is 100 yuan per person, all the fans of lanterns and pens from all over the country can come and experience it. Boss Yang will make a fortune."

"I want to know the average price of a residential complex with such luxurious facilities. Will it be more than 5 yuan? If it is around 3 yuan, I will sell my current house and buy Sihaichengzhai. People from other places may not know the value of those schools. Being admitted to No. 38 Middle School means one foot in the city's No. 985 Middle School, and being admitted to No. 211 Middle School means one foot in the and universities."

"This is the first time I've seen a community invite a celebrity to endorse it. It's really extravagant. If the houses in this community are sold at a low price, I feel like netizens will not be happy about it."

……

After the press conference, the sales office and model room of Sihaichengzhai were opened to the public, and the registered price starting from 3.5 was announced. Even without any requests, the sales office and model room were still packed.

Regardless of whether these people will buy it in the end, Yang Chen has achieved the popularity he wanted.

Baoli Real Estate Headquarters.

Chairman Huo Qiuyan felt unhappy when she saw how popular Sihaichengzhai was.

"Oh... this kid is really daring. The filing price starting from 3.5 makes people jealous. It's a pity that we don't have his ability to make money and dare not play such a big project. Oh... his project will definitely lose money, but he can make it back from the stock market..." Huo Qiuyan muttered to herself, her heart full of envy and jealousy.

At this time, a call came in from Yu Hongliang, chairman of Wangke Real Estate.

"Mr. Huo, have you seen the news about Sihai City?" Yu Hongliang asked.

Huo Qiuyan replied weakly: "Yeah. I saw it. I feel his project will be a hit..."

Yu Hongliang sighed and said, "I also feel that his project will be a hit. After reading the introduction of Sihai City Walled City, I want to buy one. We are in a tragedy. People who want to buy houses are waiting for Sihai City Walled City to come out. The sales of our project are even worse. Yang Chen is really a parasite in the industry. No matter what he does, he will steal the business of his peers."

Huo Qiuyan said: "I thought this guy was framed by Wang Sihai and became the scapegoat of Sihai Group. He didn't have a business mind. Now it seems that his vision is really good. He must have seen the country's intention to develop high-end residential and ordinary affordable housing in parallel. The key is that he doesn't have to worry about project losses because he can make money from the stock market to subsidize real estate projects. We don't have such ability, how can we play with him?"

As they talked, they sighed together.

Seeing that customers were very interested in Sihai Castle, Yang Chen thought of striking while the iron was hot and ordered Sihai Real Estate to build Sihai Castle 24 hours a day, striving to complete it within 1-2 months.

There is a saying in the construction industry that "the progress of the project is determined by the speed at which Party A pays the money." As long as the money is in place, a building can be built overnight.

Although this statement is a bit exaggerated, it is true to some extent. As long as the funds are in place in a timely manner, the project will progress surprisingly fast.

Now we just have to wait for Sihai Fortress to be completed and delivered for inspection by Yang Chen and the people of the whole country.

(End of this chapter)