Countercurrent 1978 starts with the production team

The mystery of Jianing Group also brought him a lot of convenience.

This once attracted many calm and pragmatic bankers and investors. They believed that no matter what Chen Songqing promised, he could easily do it, so they invested in him one after another.

It was in this mysterious atmosphere that he deliberately created that Chen Songqing launched his rapid acquisition and expansion operations.

Today's era is far different from the Internet era, where information is so developed. The Jianing Group, which seems very mysterious to outsiders, in Chu Jianghe's eyes, is as clean as if it had taken off its underwear, without any mystery at all.

The main business of Jianing Group has always been real estate. Its success is partly due to the boldness of founder Chen Songqing, and partly due to the objective conditions at the time.

In the 70s, due to the development strategy of the Hong Kong City, the Hong Kong City Government was actively planning to develop Hong Kong into an international financial center.

In March 1978, the Hong Kong City Government announced that it would relax the restrictions on the suspension of bank licenses that had been implemented after the banking crisis in 3, and issued 1965 licenses in one go within the next nine months.

Due to the rapid increase in the number of banks, a lot of funds have been brought.

At this time, the mainland began to actively implement the Four Modernization Plans and implement the reform and opening up policy.

Various favorable factors have made the market unanimously optimistic about Hong Kong City's real estate and stock market prospects, and funds have poured into real estate and stock markets in droves, causing land prices and stock prices to surge sharply.

It was at this time that Jianing Group expanded rapidly and suddenly became a much-anticipated new star in the Hong Kong stock market.

In fact, its methods are not mysterious at all, but its financing methods are very clever, and it is especially good at using bank loans.

In 1978, the Jianing Group purchased a piece of land in Yuen Long for HK$1850 million and mortgaged it to Yue Man Finance Company in Malaysia, obtaining a loan of HK$6000 million. In the same year, it purchased a piece of land in Yuen Long for HK$170 million a few months ago. A piece of land obtained a mortgage loan of HK$2000 million from the Bank of Communications, which was more than ten times higher than the cost.

In this way, by purchasing land at a low price and then mortgaging it at a high price, Jianing Group accumulated a large amount of funds in a short period of time, and then used these large amounts of funds to purchase some assets in the market, and then mortgaged them again using the same method.

To put it simply, it costs 10 yuan to buy a piece of land. Jia Ning first spends the 10 yuan and then mortgages the land to get 100 yuan.

It only costs 5 yuan to build a house on the land, which Jianing Group can afford, leaving 95 yuan in hand.

Jianing Group followed the same pattern and purchased another 9 pieces of the same land, mortgaged it again, and received 900 yuan.

Take the money from the bank, build a house, pre-sell it, let the people pay, and get funds again

Just do it like above and get huge amounts of money again.

Jianing Group only paid 10 yuan in cost and was able to obtain a steady stream of cash.

Chen Songqing, the founder of Jianing Group, can be said to be a genius who can tell stories and raise funds.

It is simply a combination of Xu Hengda and Boss Jia who will return to China next week.

Jianing Group's approach at this time is so similar to Xu Hengda's.

It can be said that as long as the real estate market continues to boom, he can keep snowballing like this.

But if things don’t go as planned, how can the market keep going up?

There are highs and lows, and when the market is high, this is okay.

Once the market stagnates, or even troughs, and banks shrink funds, the Jianing Group's method will no longer work.

Xu Hengda is not the same. If it weren't for the boom in real estate and the land in his hands has been increasing in value, his style of play would have collapsed long ago.

This is why Jianing Group only has a glorious period of a few years. When the real estate market in Hong Kong City declines in a few years, everyone will be able to see who is swimming naked when the tide recedes.

By then, everyone will see that the seemingly prosperous Jiani Group is actually riddled with holes, and its so-called brilliant achievements are nothing but castles in the air.

In the end, it was left with tens of billions of liabilities, and finally quietly exited.

In 1979, Jianing Group was still a medium-sized real estate group and was far from reaching its peak.

However, even if he has not reached his peak, he is still a behemoth to Chu Jianghe and the others, far beyond what they can contend with at this time.

Ma Liang was a little panicked when he heard what Chu Jianghe said was serious. He didn't know what to do, so he could only ask Chu Jianghe: "Brother, what should we do? Should we just go back like this without doing anything?"

"Go back? Are you ignoring Zhang Li?" Chu Jianghe asked back, turning to Lao Wutou and said: "Lao Wu, our most important thing now is to find Zhang Li. Since Jianing Group is looking for them, we must try to find it before them. . Let’s do this, give 100 million Hong Kong dollars to your friends and ask them to help find someone on Lantau Island.”

Chu Jianghe ordered so, and made it emphatically clear that he was only talking about recruiting people and asked him not to say more.

Lao Wutou nodded in agreement, but he also had concerns: "Is 100 million Hong Kong dollars a bit too much?"

"It doesn't matter, it's just 100 million. There must be a brave man under the big reward. If the money is small, don't your friend know that the opponent is the Jianing Group and retreat or be bribed by the other party, then we will be very passive."

Before 1990, there was almost no development on Lantau Island, and it is still in a relatively primitive state.

It's not easy to find people there. If they go deep into the mountains and forests, it will be really hard to find them for a while.

To compete with the Jianing Group for time, we can only use as much power as we can.

Money doesn't matter, the most important thing is to find tension.

Lao Wutou thought about it for a while and felt that what Chu Jianghe said made sense.

"Then I'll go early tomorrow morning."

"it is good."

It was getting late at this time, and several people had their own thoughts and went to rest.

Early the next morning, Lao Wutou went out to do errands, while Chu Jianghe and Ma Liang stayed at the hotel to wait for news.

I didn't wait for Lao Wutou, but I did wait for Zhao Shizong.

As soon as Zhao Shizong saw Chu Jianghe, he said with a smile on his face: "Brother, I really have you. Do you know that gold rose a lot yesterday, from 215 US dollars to 218 US dollars, a full increase of 3 US dollars. You Do you know how much money you made yesterday?"

Chu Jianghe did some calculations and already had a rough figure in his mind, and said: "It's only 3 US dollars, not much, maybe 700 million Hong Kong dollars."

Zhao Shizong was shocked when he heard his tone, as if he didn't care.

What do you mean not much?

That's 700 million Hong Kong dollars. Even their family doesn't treat 700 million Hong Kong dollars as nothing.

I really don't know if this brother Chu is really from the mainland. He is simply more arrogant than me.

He originally wanted the futures market to go down. It would be best if Brother Chu owed him a large amount of money, which would meet his expectations.

Unexpectedly, in just one day, the 2000 million Hong Kong dollars in Brother Chu's hands more than doubled.

"Stop talking about that." Chu Jianghe looked at his cheerful look and teased, "Brother Zhao, looking at your face today, it seems that you gained a lot yesterday."

Sure enough, when he mentioned what happened last night, Zhao Shizong said with a smile on his face: "That's all thanks to the two jewels Brother Chu sold me yesterday."

Zhao Shizong was so happy that he no longer felt wronged about the 200 million Hong Kong dollars he spent yesterday. He said it was worth it.

"Brother Chu, this is your first visit to Hong Kong City. As the host, I want to show you around and open your eyes."