Rebirth of Minister Qi

Chapter 942 Speculators

Li Yuanchao's small circle soon reunited. What all of them cared about most was ultimately their own interests. After coordinating various channels, several former rich boys finally determined that the higher-ups were determined to make them leave the circle of super state-owned enterprises, and it would be best if they left on their own initiative.

This time it was still in that familiar teahouse, and it seemed that everyone here was in a much better mood than last time.

"Li Yuanchao, I directly transferred the shares of 15 oil refineries, as well as various upstream and downstream industries. This time, I gathered more than 20 billion yuan in funds. What exactly do you want to do? Tell me now."

The speaker was Zhou Xiaobai. Her father was once a general and her husband came from a similar family. Relying on her family background and her own abilities, she is quite influential in the oil and gas industry.

After hearing this, Li Yuanchao smiled.

"Where are you guys?"

"Although I didn't get as much back as Sister Zhou, I still got a lot back. I got almost all the money back from the commercial real estate company I worked with COFCO. I now have 5 billion in my hands and have also exchanged it for a commercial property in Hong Kong and another in New York."

When Li Yuanchao heard this, he knew that his old partner had no intention of listening to him. Commercial real estate had already seen a bottleneck, and Qianda Real Estate, in which he had a stake, was itself looking for a way to transform. However, his old partner, as a major shareholder, had been obstructing it. This time, seeing that he agreed to withdraw his shares, he directly paid the bill with overseas commercial real estate.

However, he had tried to persuade the other party, but the other party didn't listen. There was nothing he could do. He would wait until the other party got into crisis and then he could help him. The price he paid was to take the shares of the Internet sales company in his hands. It was said that the shares were registered under the name of an overseas investment fund. Others might not know, but he knew it clearly.

"We are similar. We have closed some of our cooperation with large state-owned enterprises and brought back a lot of funds."

Li Yuanchao and others calculated the funds they could put forward and felt that there was great potential for development.

“In fact, there is no need to worry so much. This amount of money accounts for less than one twentieth of our territory.

I also didn't ask everyone to transfer money from Swiss banks and follow the old rule of investing together.

I will use overseas funds to transfer to the Dawn Fund that I control, and I have already prepared the traders.

Although 200 billion is not a very large amount, as long as the momentum is good, the chances of success this time are very high.”

Several people gathered around the tea table, each picked up their own teacup and took a sip, indicating that they would advance and retreat together.

"Now you can tell me, is it the real estate market in Jiangzhou?"

The person asking the questions was Zhou Xiaobai. Although Li Yuanchao did not say it directly, she had been in business for decades and had a good sense of smell. She also had a whole team of analysts under her.

Needless to say, the domestic stock market is in a terrible state, and its small size makes it impossible for them to accommodate so much money. The only option is the property market.

Jiangzhou is the benchmark for the national real estate market. As long as Jiangzhou becomes hot, the whole country will quickly become hot.

“Yes, it’s the property market that I’m eyeing, but not just the Jiangzhou property market. The ten major cities across the country are going to heat up simultaneously, and of course, the first shot will definitely be in Jiangzhou.

Only when Jiangzhou's real estate market becomes hot can we attract a lot of hot money, and then speculative hot money from home and abroad will gather here.

According to my prediction, if all goes well, the real estate market in Jiangzhou can be doubled.

The bulk of our money is actually not made in Jiangzhou, but in several surrounding big cities.

Take Jinchuan in Hanjiang as an example. The housing price there is only five or six thousand now, and it has been driven up to more than 20,000. That’s not too much, right?

There is also the Shenzhen Stock Exchange in Guangdong Province. There are actually more speculators there than in Jiangzhou, and speculators in Hong Kong will be quick to act.

There is also considerable room for price increases in Beijing, but like Jiangzhou, there is a ceiling and it is also easily controlled by policies.

Our profit focus is actually still these second-tier cities.”

The reason why Li Yuanchao was able to secure his position as the leader of this group of people was because of this skill: he did not keep all the money to himself, but shared the profits with everyone. After this small circle was formed, Li Yuanchao led them to do a lot of business, and everyone made a lot of money.

Although the fathers of these people are not the top cadres, they are the most business-minded ones. Behind them are quite a number of children from big courtyards whose interests are tied together, which makes them so difficult to deal with.

“I plan to do this: we will each go to the real estate developers in these ten major cities, considering our capabilities and their current debt ratios.

We bought their short-term debts directly from the banks. After a little negotiation, it was no problem to buy 150 billion of debts with 100 billion. Then our banks started to urge them to repay the debts.

Most people certainly cannot pay it back, so we propose an alternative plan, which is to buy the properties they cannot sell. The location is secondary.

If we collect more, and everything goes well, we can collect more than 220 billion yuan worth of properties at 70% of the listing price. This is our preparation.

Then, with the 100 billion yuan in hand, plus the speculators in Jiangzhou and Beijing whom I had contacted in advance, we will start to speculate on the housing prices in the two cities simultaneously. It would be best if we could double the prices within a month. We don't need to do anything else.

My prediction is that within three months, housing prices in major cities across the country will heat up. We will then withdraw the money from Jiangzhou and Beijing and sell the houses we have. That will be the hottest period, and it will definitely go smoothly.

The money we would withdraw would be at least 200 billion yuan, which would be divided into several large cities, that is, the cities where we acquired real estate projects. The real estate projects we had on hand would be hyped up to at least 600 billion yuan. At that time, I contacted several major banks and asked them to find customers directly.

Mortgage the 600 billion yuan worth of properties to the bank and then transfer the money outside. The real estate market is booming and the bank can sell these properties quickly without leaving too many messes afterwards.

We won't be entangled in this matter for too long. If everything goes well, the 200 billion yuan we have on hand can more than double in a year, and this is still a conservative estimate.

Of course, the most important thing about this matter is that we all advance and retreat together. If the timing is not right, or if one of us does something private and gets caught by the higher-ups, then I'm sorry, but I won't clean up the mess."

After saying that, Li Yuanchao looked around at everyone. Everyone had different expressions on their faces, and they were all calculating the gains and losses.

"You are worthy of being the most outstanding man in Beijing back then. Only you can have such courage.

I admire you, brother. I will follow you."

One member of the circle took the lead in expressing his opinion, and the others also raised their cups one after another.

These guys were unexpectedly cunning. The idle funds they took out alone amounted to hundreds of billions. Combined with their extensive network of contacts, this would be an easy matter to accomplish if left alone.

Director Xiao Qi in 1993