Chapter 494 Taking on Trillions of Debts, Listed CEOs Gathered at the Dragon Stock Exchange

At dawn, a soft dawn light gradually appeared on the horizon, and the curtain of night was gently opened.

As more and more people woke up, the Internet became more and more lively.

[Xiaotang does not know martial arts]: "Hengda Group, Country Garden, these super real estate companies have collapsed? Why do they owe so much debt?"

[Ming Jing Jiuzhou]: "I have heard that Country Garden invested hundreds of billions in Malaysia and wanted to build a forest city, but ended up building a ghost town. It seems that it has lost a lot of money!"

[Black Lightning]: "If I don't understand, I will ask, if Evergrande Group goes bankrupt, do I have to continue to pay the loan for the Evergrande house I bought?"

[Mumu]: "What are you thinking, buddy? You buy a house and take out a loan to borrow money from the bank, not the real estate company. In other words, even if Evergrande Group goes bankrupt, you still have to pay the loan."

Under the comments of countless netizens, "Hengda Group was exposed to trillions of debts" and "Country Garden was exposed to hundreds of billions of debts" and other real estate company entries were topped on the hot search, and the discussion became more and more intense.

You know, in the past ten years, Longguo has been focusing on the real estate economy.

To put it simply, the government sells land to obtain fiscal revenue, and then uses this part of the money to invest in livelihood projects. Real estate developers buy land, build houses and sell them to the people. This is originally a virtuous cycle, but the problem is that since 2010, some groups have started to speculate in real estate.

It was also after 2010 that the housing prices in Beijing, Shanghai, Guangzhou and Shenzhen, as well as many second- and third-tier cities, rose by nearly double, or even several times. If it is a school district house or a house with a particularly good location, it is not impossible to increase by dozens of times.

The emergence of house speculators made the people at that time generally feel that if they did not buy a house now, the house price in the future might be too expensive, so many people gritted their teeth and chose to take out loans.

As people followed suit to buy houses, the house price rose further, and real estate companies made a lot of money.

Now, the sudden collapse of Evergrande Group and Country Garden has made many homebuyers happy, thinking that they don’t have to pay back their mortgages. However, when they called for consultation, they were happy for nothing. It turned out that it was the bank that lent them the money, and the money they paid back was paid back to the bank, not the real estate company.

But some people rushed to the previous sales office to check whether their house was completed.

You don’t know until you see it.

As soon as you see it, the tea is cold!

Not only was there no one in the sales office, but even the community closed the door and posted a notice that the construction site had stopped working, which made them feel disappointed.

I thought I could save 20,000 or 30,000 yuan, but I didn’t expect to lose millions.

Gradually, news of construction sites stopping work and homebuyers jointly defending their rights appeared on the Internet, which also made netizens marvel that they can’t buy pre-sale houses, and it is safer to buy existing houses.

…

At the same time.

The headquarters of real estate companies such as Evergrande Group and Country Garden.

All law enforcement departments gathered together, not only confiscated all the account books, but also controlled the beneficiaries and accountants. They were covered with their heads and taken back by the police for investigation.

Many rights protection citizens saw this scene and hurried forward to ask.

"Officer, officer, you have arrested all these people. Can we get back the money we used to buy the house?"

"Yes, can we get our money back?"

"1.5 million. If I have no house and no money, my life will be ruined!"

In response to the people's inquiries, the leader in white shirts responded: "We need to thoroughly investigate this matter. For the beneficiaries, not only will the illegal gains be confiscated, but criminal responsibility will also be pursued."

After saying this, he led the team away and took the people back for interrogation.

The accountants who got on the police car regretted it very much. If they had known, they would not have attended this class. Now it's good, they have to go in for tea.

Compared with the complexity of Evergrande Group, Country Garden's debts are much clearer.

To put it simply, the CEO of Country Garden made a lot of money in China and wanted his real estate business to be on par with the international level, so he set his sights on Malaysia.

But he never thought that the reason he made a lot of money in Dragon Country was not because of his ability, but because he happened to hit the right vent.

Lei Jun once said: Standing on the vent, pigs will take off.

Jack Ma also said: When the vent is over, pigs often fall particularly badly.

The two top entrepreneurs in Dragon Country seem to be arguing with each other, but in fact they describe the importance of the vent of the times and their own strength.

Hitting the right vent can indeed multiply your wealth N times, but when the vent is over, whether you can keep your wealth depends on your ability.

Now it is obvious that these real estate CEOs have not realized this. They squandered their money when they made money, and when the hole appeared, it was time for the snowball to roll down.

…

The imperial capital of Dragon Country.

In a courtyard.

Wang Shan looked at the documents handed over and couldn't help clenching his fists and said, "These beasts dared to use leverage of hundreds of times, and they also squandered all the money."

The secretary didn't dare to speak. He hadn't seen Wang Shan angry for a long time. The last time he was angry could be traced back to the battle to defend the Hong Kong financial market in 1997.

After venting, Wang Shan, who was sleepy from a sleepless night, looked at the secretary and said, "Notify them and hold a meeting immediately to discuss how to properly resolve the two trillion debts."

"Okay."

The secretary quickly took out his mobile phone.

Suddenly, his hand paused, and he looked at Wang Shan, who was still angry, and said, "By the way, Chief, what about the listing of Longxing Group, Kunpeng Company, and Jiangyu Technology? Their CEOs are all here."

According to the "Stock Market Integration Plan", the Shenzhen Stock Exchange, Shanghai Stock Exchange and Beijing Stock Exchange will cease to exist, leaving only the Longguo Stock Exchange.

Since it is the Longguo Stock Exchange, it must be established in the capital, so it uses the office space of the Beijing Stock Exchange.

"I would have forgotten if you didn't tell me. I'll call and ask Chen Xing."

Wang Shan later realized that he had indeed been carried away by anger just now, and he actually forgot that today was the day when Longguo's technology companies went public collectively.

He took out his cell phone, found Chen Xing's number and dialed it.

Not a moment.

The call was answered.

"The old chief came to see me so early. He must have something important to discuss." Chen Xing's magnetic and boyish voice came out.

"Have you read the real estate news?" Wang Shan said without any nonsense and went straight to the point.

Chen Xing: "Look, Evergrande Country Garden was hit by thunder."

"I can't leave today. I have to hold an emergency meeting. How about delaying the listing for a few days?"

Just as Wang Shan finished speaking, he added: "Xiao Gang also told me that the Windows system blue screen incident has also slowed down the progress of data interoperability among the three cities. What do you think?"

"I think it's better to go public normally."

Chen Xing gave the answer.

"Why?"

Wang Shan was very curious.

Now the impact of the Windows system blue screen incident is still continuing, the two trillion real estate debt issue is also fermenting, and foreign investment has been biased towards American companies.

Why is this happening?

Very simple.

A small Microsoft update can cause tens of thousands of computers to have blue screens in the Dragon Kingdom, and some flights have even been stopped. The importance can be imagined.

The sudden thunderstorm in real estate will also make international capital feel that Longguo enterprises may have unknown risks.

If we continue to insist on listing at this time, it will definitely have an impact on technology companies such as Longxing Group, Kunpeng Company, and Frontier Technology. International capital will also carefully investigate whether these companies are suspected of financial fraud, and investment will be relatively cautious. This cannot be achieved The purpose of "siphoning funds".

"Now the whole world is watching us, and many foreign media reporters are ready and waiting for this listing feast. If we postpone the listing at this time, it will undoubtedly tell the whole world that we, Longguo We are indeed in trouble, and it is extremely difficult.”

"So I think that not only can we not postpone the listing, we must hold it as scheduled and do it beautifully."

Chen Xing expressed his thoughts.

"That makes sense."

Wang Shan suddenly realized.

If the listing is postponed at this time, it will indeed fall into the trap of the West.

"But on the real estate side..."

Wang Shan was a little embarrassed.

"I have discussed the real estate matter with other CEOs, and we may be able to sell it, but only if it is listed for financing."

“You want to get into real estate?”

Wang Shan’s volume increased a bit.

Nowadays, real estate is a hot potato, and almost no one can afford it, because the two trillion debt is real money, not the market value of the company.

"It's not me, it's us."

"us?"

Wang Shan was stunned.

"I have talked with Ren Guofei of Kunpeng Company, Jiang Tao of Frontier Technology, and Zhang Ming of ByteDance. I am willing to invest in setting up a real estate company. If the funds are sufficient, I will buy it."

When Chen Xing finished speaking, Wang Shan was speechless. After a long silence, he asked: "Aren't you obviously losing money?"

Someone has carefully calculated that the undeveloped properties and land of Evergrande, Country Garden, and other real estate companies combined are insolvent, and there is still a gap of 1.7 trillion. No matter who takes over, they will lose money.

However, Chen Xing shook his head and replied: "There will be no loss. I expect to make a little profit, but only if there are enough funds."

"How to make money?"

Wang Shan was very curious.

"Smart community, to put it simply, means that we, Longxing Group, will provide smart homes and create an intelligent community model. As long as we can attract home buyers, we will not lose money."

Chen Xing has consulted industry insiders. The construction cost of a second-tier, medium-sized residential building with 30 floors and three households per floor is about 24 million. If fine decoration is included, it will be around 30 million.

Thirty floors, three units on each floor, which means there are ninety suites in this building.

If a house is sold for 1 million, the total price of the entire building is 90 million. After excluding the 30 million construction cost, there is still 60 million left. The profit is very considerable.

Of course.

The house price of 1 million is just an example.

The actual house price also takes into account loan rebates, the location of the community, and the degree of intelligence spread throughout the house.

"If the house cannot be sold, then you will lose not just a penny, but more than a trillion dollars. Have you thought clearly?" Wang Shan reminded again.

“I’ve figured it out, real estate is not necessarily a disaster.”

Chen Xing responded firmly.

In the past, real estate companies such as Evergrande Group and Country Garden were completely devastated because they had no funds to undertake them.

If there are funds to undertake it and the sales of houses can be guaranteed, it is absolutely possible to make a fortune.

You must know that the 1.7 trillion gap is not the total selling price of commercial housing, but the discount of land and other assets.

As long as the houses are built, the seemingly scary RMB 1.7 trillion is just a paper tiger, and currently only Longxing Group is able to revitalize it. Because smart homes are extremely popular, if smart communities can be built, there is a high probability that sales will not be a worry.

Wang Shan thought for a long time and finally said, "Since you have made up your mind, just do what you said. If the money is not enough, you can apply for a bank loan."

"Enough."

Chen Xing smiled calmly.

Bank loans are just a drop in the bucket. As long as he negotiates with Li Jiacheng, all problems will be solved. He is fully confident that he can negotiate, because no businessman can reach the temptation of money, even Jack Ma, who is "not interested" in money, is no exception.

"Then it will be listed normally. I will go to a meeting to explain the situation."

"OK."

"Well, see you later."

"See you later."

The two hung up the phone.

The secretary listened to the conversation and asked with a smile: "Have things turned around?"

"Well, there is a turning point. That guy Chen Xing is going to take over the real estate debt gap." Wang Shan nodded slightly, looked at the secretary and said, "Contact other people to hold a meeting."

"Chen Xing..."

The secretary swallowed. Before he could think about why this man had such energy, he urgently called for an impromptu meeting.

…

And at the same time.

other side.

In front of the former Beijing Stock Exchange, foreign reporters were reporting in real time that more than a dozen technology companies would be listed in Longguo today.

The reason why these foreign reporters came early was to put Dragon Kingdom on the fire.

Who doesn't know now that Evergrande and Country Garden are experiencing thunderstorms, and blue screen patches are sweeping across the Dragon Kingdom. It would be excusable if the launch is delayed.

But if these reporters keep broadcasting, you have to think twice before going public.

Because you really delayed it, it shows that these events have indeed had an impact on Longguo and also served as a wake-up call to global capital.

"We learned that Longxing Group is a technology company integrating semiconductors, communication networks, battery energy, and optics fields, and it has extremely high attainments in the mobile phone field and the automotive field, and it will be held at 2 o'clock this afternoon. We look forward to listing on the Longguo Stock Exchange.”

After American reporter Vali Kardashian introduced the Longxing Group, she looked at the "cow" covered with red cloth in front of the Longguo Stock Exchange and said:

"This is the new bull statue of Longguo Stock Exchange. It is still covered with red cloth. I don't know what it looks like yet."

"Now we can see that the staff have taken out the red carpet to decorate the venue, and there are people arranging flowers there. I hope we can witness an unforgettable listing feast today."

The camera lens transmitted the picture to an American TV station. Looking at the cow covered with red cloth, many American people watching online were confused and started to comment on the live broadcast room.

“Why do they cover the cow with red cloth?”

"Oh my god, what did I see? Do they want to stay popular?"

"What's going on?"

Since there are few outside investors in Longguo's stock market, most investors don't know that in A-shares, red means rising, while green means falling. In the United States, it's just the opposite.

Covering the cow with a piece of red cloth also reflects the cultural differences between the two countries.

In the top-floor office of the Fed headquarters, Davidic asked with a smile on his face while holding red wine: "Wei Yan, tell me, will Longguo go public as scheduled today?"

"Do they have a choice?"

Wei Yan smiled lightly.

He didn't expect Davic to be so damaged. Even before noon, he arranged for dozens of reporters to conduct on-site interviews, fearing that the whole world would not know that today was the listing date of Longxing Group and other Longguo technology companies.

If the listing is really postponed, it is estimated that international capital will need to re-evaluate whether Longxing Group and other technology companies have hidden dangers.

"That's true."

Davich took a sip of red wine and said.

With the whole world watching, the time is getting closer to noon, and the layout of the Longguo Stock Exchange has been completed.

But inside the Longguo Stock Exchange, all departments were busy nervously. Some of them were checking the accounts submitted by various companies, and some were reviewing documents.

Dragon Kingdom time.

1:30 p.m.

Several Audi A6s drove into the parking lot of the Longguo Stock Exchange one after another. If you look closely, you can see that the drivers of these cars were all wearing white gloves. After the vehicles stopped, they quickly got out of the car and opened the rear seat door. Place your palms against the car frame above the door.

There is a famous saying on the Internet in the Dragon Kingdom that it is better to mess with a Rolls-Royce than a white-glove Audi A6.

Why do you say this?

Because the Audi A6 is an official car, you have no idea who is getting off.

Mayor Wang Fang, who had just gotten off the car, did not hesitate for a moment and immediately ran to an old Audi A6 and waited quietly.

The same goes for others, who dare not slack off at all.

Wang Shan got off the car, waved his hand and said, "Stop standing around and enter the stock exchange. We can't be late."

"Follow the instructions carefully."

"That's what the old chief said."

"please."

Everyone followed Wang Shan into the Longguo Stock Exchange, and reporters from all walks of life also took photos, trying to capture wonderful photos.

Entering the Longguo Stock Exchange, there is a small, crescent-shaped conference hall that can accommodate more than 90 people. There is a podium in the middle. At this time, the screen of the podium has already called up the list of listed companies.

When Wang Shan and others came in, the investor representatives, media and entrepreneurs who had arrived at the scene all stood up to greet them.

Under everyone's gaze, Wang Shan came to the middle of the first row and sat down, while Wang Fang and others sat next to him.

When the time approached two o'clock in the afternoon, a motorcade specially designed to welcome the CEOs of listed companies also arrived at the scene. At this moment, the reporters' shutters clicked crazily as if they were free of charge.

"Mr. Chen, please." ByteDance CEO Zhang Ming looked at Chen Xing who had just gotten off the car. The two had just been chatting in the hotel for a while.

"So polite."

Chen Xing smiled.

"Mr. Chen, we won't dare to leave unless you take this step first." Ren Guofei also just got out of the car and approached Chen Xing with a smile.

Because it was in a public place, he did not call Chen Xing Brother Chen, but used a formal title.

After all, there are so many reporters now, and the address depends on the occasion.

"That's right."

Jiang Tao, the CEO of Frontier Technology, also approached and made a gesture of invitation: "We won't dare to leave unless you take this step first."

"Yes, Longxing Group is the leader of a technology company. If you don't take this step first, Mr. Chen, we won't dare to take it."

"That's right, that's right."

"Mr. Chen, please."

The CEOs of the companies preparing to go public expressed their opinions one after another. Chen Xing looked at the time and saw that it was almost two o'clock in the afternoon. He did not continue to be polite to them and expressed his opinions:

"Then I would rather obey your orders than respect you."

The words fell.

He took one step forward.

"Kakaka-"

Chinese and foreign reporters were pressing the shutters frantically, flashing lights constantly, trying to capture this moment.

Chen Xing took one step forward, and others followed Chen Xing's steps.

The progress seems to be chaotic, but in fact it is orderly. Chen Xing's steps are always half a step ahead of others.

This scene fell into the eyes of millions of viewers in the live broadcast room, and they were extremely jealous.

"Mr. Chen is as handsome as ever. If I were his wife, I can't even imagine how happy life would be. If I can't be his wife, I can be a mistress or a mistress!"

"What does it mean to be high-spirited? What does it mean to be young and promising? Mr. Chen has explained it perfectly!"

"Longxing Group is listed as normal. On the opening day on Monday, I want to buy 1 million, and my wife and I will invest in it!"

"Trivia, new stocks are subscribed by lottery. I hope I can win the lottery, maybe it can be doubled ten thousand times!"

There were constant barrage in the live broadcast room, and the audience was extremely excited.

The Longguo stock market has been languishing for so many years, and finally saw a glimmer of light. The investors were all staring at the screen of the live broadcast room.

Foreign live broadcast rooms are also filled with white barrages at this moment.

They were not only amazed at Chen Xing's youth, but also amazed that he was actually walking in the front. This was the first time for many foreigners to see Chen Xing in person, and they were all exclaimed.

With the whole world watching, Chen Xing led the CEOs of listed companies slowly into the exchange hall. When reporters inside pressed the shutter, he responded with a smile, looking confident and calm.

Under the guidance of the staff, they walked through the corridor and came to an open door. The people inside also turned their heads and looked at Chen Xing, Ren Guofei and others.

"Welcome, bosses."

Wang Shan stood up and raised his voice.

"Shuashuashua——"

The others stood up quickly.

Hearing this, Chen Xing quickly walked into the conference hall, came to Wang Shan and stretched out his hands and said: "Old chief, please come and be fine."

"Haha, everything is fine."

Wang Shan smiled and shook hands.

After the two exchanged a few simple words of politeness, Chen Xingcai greeted Wang Fang and others, as did other company CEOs.

"Please find a seat." Wang Shan glanced at Ren Guofei, Zhang Ming and others, and continued: "We will take turns giving speeches later to attract the international capital behind us."

Everyone looked at the seats at the back of the conference hall. Most of the people sitting there were serious-looking international capital analysts in suits and leather shoes.

They came here mainly to judge whether other companies besides Longxing Group and Frontier Technology have investment value.

You must know that listing a company is the first step, and whether financial institutions can see the bright spots is the second step. As for the final third step, it is to let retail investors invest.