Reborn Capital Madman

Chapter 0435 Xiangjiang's stock pulling phenomenon

Shen Bi, the senior manager of Huifeng Bank, has a very accurate grasp of the general trend. The Xiangjiang real estate industry is indeed very active at this stage. From a cyclical perspective, in the new cycle rising curve, the Xiangjiang real estate industry performs at a higher position than the Xiangjiang stock market. The momentum is getting stronger. ≦See the latest ≧≦ chapter Section ≧≦ Baidu ≧ ≦ Search ≧ ≦

This is mainly due to the fact that Xiangjiang's economic structure is of a light type, and it is less difficult to escape the world oil crisis and global economic recession than large economies such as the United States. As the saying goes, a small ship can easily turn around.

Using data to prove it, the current growth rate of Xiangjiang's chicken farts has returned to double digits, indicating that Xiangjiang's economy has overcome the difficulties of 1974 and 1975 and has once again entered the fast lane.

At present, the real estate industry in Xiangjiang is keen on two major types of projects. One is high-end commercial buildings, such as the Royal Mansion built by Gaoxing Group in Causeway Bay, and the recent commercial development projects on land at Central MTR Station and Admiralty that Li Bancheng won eye-catchingly; the other is Large private housing estates, such as On Fu Garden built by the Happy Group on the former dairy company's Pokfulam Ranch, and Taikoo Shing by the Swire Group.

If you want to play projects like this, your wallet must be deep enough. Companies that survived the Hong Kong stock market craze in the early 1970s have become the upstarts in Hong Kong's real estate industry today, including Gao Xian's Gao Xian. , Li Bancheng's Dajiang Industrial, Guo Desheng's Xinhongji Properties, Wu Yingxiang's Hehe Industrial, Chen Zengxi's Hang Lung Group, Chen Detai's Dachang Properties, Zheng Yutong's New World Development, as well as Henderson Land Development, Chinachem, Nan Fung, Sino, Great Eagle, etc. .

Compared with the conservative styles of the old real estate leaders in Hong Kong, such as the British-owned representative Land Company and the Chinese-owned representative Yi Group, these upstarts in the real estate industry can be said to be brave enough to fight, and they vividly explain what it means to seek wealth through risk.

In addition, these upstarts in the real estate industry are also good at joining forces, working together in land acquisition, construction and development, etc. to make a fortune together.

Gao Xian was not "arrogant" in this regard. After he and Shen Bi explained the affairs of Ocean Millan Bank in the United States, they went to visit Chen Tinghua, the boss of Nanfeng Industrial.

Speaking of which, Chen Tinghua can be regarded as an old friend of Gao Xian. When Gao Xian was in his later years and still working as an official on the Far East Exchange, he helped Chen Tinghua's Nanfeng Industrial successfully get listed on the Far East Exchange. It can be said that the cooperation was harmonious.

After meeting Chen Tinghua, Gao Xian joked: "Sheng Chen, it's really not easy to meet you."

"You have to blame yourself for being too busy." Chen Tinghua said with a smile: "If it weren't for business, Sir Gao would definitely not remember me, an old man."

The two chatted happily, which showed that the original friendship lasted forever.

This is not surprising. Gao Xian's achievements not only rank first among his peers, but also fall behind many of his predecessors. Being able to discern pearls before he rose to prominence is definitely worthy of praise for a lifetime, even if Chen Tinghua's personality is a bit withdrawn. , are not exempt from vulgarity.

A saying currently circulating in the circle vividly illustrates this psychology, that is, the Yi family really found a treasure when they chose Gao Xian as their son-in-law, while those like Chen Tinghua who have daughters of the right age but missed the opportunity to marry can only I secretly sighed that it was a pity.

After the pleasantries were over and the topic got down to business, Chen Tinghua asked bluntly: "Sir Gao came here this time to tell me that his title as the 'King of Cotton Yarn' in Hong Kong will no longer be preserved, right?"

Gao Xian replied seriously: "Chen Sheng has a keen eye, and without the need for outsiders to remind him, he has already seen that under the pressure of the trade barriers of the so-called common market, it is difficult to change the fate of the decline of Xiangjiang's textile industry."

"However, Chen Sheng has managed the business well. He has purchased a lot of factory land and Class B official land exchange certificates, and has a good land reserve. With the current booming market in the real estate industry in Xiangjiang, he does not have to worry about business transformation. "

Chen Tinghua sighed, "It was precisely after I saw this that I tried to spend 40 million last year to buy a piece of land on King's Road in Taikoo Valley, Quarry Bay, Hong Kong Island from the Swire Group. It is divided into four phases to build Nanfeng New Village. I don’t know whether it is a new entrant into the industry or because the land location is not good, but the pre-sales situation is not satisfactory.”

Gao Xian responded: "I was just about to discuss this issue with Chen Sheng. The poor pre-sales situation in Nanfeng New Village should have a lot to do with the imperfect mortgage services for home purchases."

Chen Tinghua said with some depression: "I originally thought that Nanfeng New Village was all small and medium-sized units ranging from 400 to 600 square feet. The price per square foot was only 200 yuan. I couldn't get a bank mortgage to buy one."

Gao Xian smiled, "It's popular nowadays to spend future money to realize present dreams. The competition in the real estate industry in Xiangjiang is so fierce. If your property can't do it, there are other properties that can."

Chen Tinghua nodded, "Are you here just to provide me with mortgage services?"

"Not only these, I also have more business topics that I want to discuss with Chen Sheng." Gao Xian began to rush towards the purpose of this trip, "Nanfeng owns a lot of land, and has no intention of taking advantage of the current boom in the market. Is it fully developed?”

Chen Tinghua spread his hands and said, "I do have this idea, but the construction funds cannot be completely solved by bank loans and selling off-the-plan properties."

"I wonder if Chen Sheng has noticed that there is a mutual pull phenomenon between the Xiangjiang real estate industry and the Xiangjiang stock market?" Gao Xian thought: "The local real estate market is booming, and the stock prices of real estate companies are rising, which in turn drives the overall stock market to improve. , listed real estate companies took the opportunity to raise funds for development and growth through the issuance of new shares, warrants, etc., and further pushed up the stock market."

"These things you are talking about are too new, and I, an old-school businessman, will not be able to understand the mysteries inside them for a while." Chen Tinghua shook his head, "However, I can understand what you mean. Can Nan Feng issue new shares to raise funds to develop real estate? "

Gao Xian shrugged, "Many real estate companies are doing this now."

Chen Tinghua did not express his position immediately. As an old-school businessman, he has his own concerns, such as the dispersion of equity and what if he loses the industry he has worked hard to accumulate for decades?

Gao Xian observed Chen Tinghua's expression and could roughly guess what his old friend was worried about.

So, he continued slowly: "In my opinion, Xiangjiang's real estate industry and stock market are now in the rising stage of a new cycle, and the pulling effect of stocks and real estate will only become more and more obvious. As long as this momentum remains unchanged, many problems will arise." All of them can be so handsome that they don't become a problem, but if we miss this upward momentum, those problems will be thorny problems after all."

Chen Tinghua, who deeply felt the huge pressure of the decline of Xiangjiang's textile industry, finally relented and said: "Okay, I believe Sir Gao, then please ask Gao Yi to plan for Nan Fung."

Reborn Capital Maniac

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