The boss now owns a lot of land and a lot of unfinished buildings, making him the largest acquirer of unfinished buildings. It can be said that he has acquired almost all the unfinished buildings in the eastern part of the city.
Recently, even unfinished buildings have seen price increases because there are no more unfinished buildings to follow; Qin Family Bank has essentially guaranteed the future of these unfinished buildings.
If you buy an unfinished building through Qin Family Bank, the bank will be fully responsible, and you will not have to bear any personal liability. Therefore, many customers are now seeking loans from Qin Family Bank, including many real estate developers.
This has indirectly contributed to the rise in housing prices.
Buying an unfinished building?
That would require a huge amount of financial resources.
Rumor has it that the boss has already spent over a billion yuan, but because he doesn't have control over the finances, he doesn't know for sure.
However, the boss has a group of people who specialize in buying unfinished buildings.
I don't know if the boss is stupid or if he sees a promising future.
It's strange, I don't understand.
Hu Qian looked away and began working.
All administrative departments will have to work here, although some staff will need to stay at the factory.
With so many people working in the steel plant, some people need to be there to manage things.
Hu Qian looked at the computer in front of her, a Dell all-in-one, a high-end product; the boss was willing to spend money on it.
Furthermore, the ten million yuan team fee for this year has already been paid, and the process for next year's fee is already underway.
At least Hu Qian knows that her team is secure for next year, because the boss's seemingly unreliable businesses are all profitable.
The bank is making money and has become the number one private bank. The steel mill seems to be going bankrupt, but it has too many orders, and that's just how it looks.
Excavating river sand is even more profitable. With the development of infrastructure projects, river sand is needed everywhere, and this is all permitted.
The only thing that seems hopeless for the time being is unfinished buildings, but these were all obtained at no cost, using interest-free funds.
Judging from the boss's smile, something big must have really happened again.
===
Today, the Hang Seng Stock Exchange in Hong Kong experienced another round of violent fluctuations amidst much attention, as if a sudden storm had swept through the entire financial market.
Amid a complex and unpredictable mix of factors, the Hang Seng Index experienced a rollercoaster ride, plummeting shortly after the market opened, catching countless investors off guard and creating a climate of fear and uncertainty in the market.
For those closely monitoring market dynamics, such a scene was undoubtedly filled with tension and unease.
For families or businesses planning significant financing operations, this is an even greater disaster.
The Shen family is standing at the very forefront of this crisis.
The meticulously planned financing scheme has now been caught in a merciless vortex, with financing costs rising sharply due to market volatility. This is undoubtedly a major blow to the Shen family.
Faced with such a dire situation, the Shenyang authorities reacted swiftly and began to formulate a new round of stimulus plans, attempting to use strong measures to slow the continued decline in the stock market.
However, once panic sets in in the market, it becomes as uncontrollable as a runaway horse.
At this critical moment, several core members of the Shen family had to hold an emergency closed-door meeting to discuss countermeasures.
The atmosphere inside the meeting room was heavy and tense.
The Shen family's decision-makers looked grim, as they were well aware of the unusual nature of this sharp drop.
Especially their own stock, which plummeted like a waterfall after the market opened, with a drop far exceeding that of other heavyweight stocks. This is clearly not something that can be explained by simple market fluctuations.
They keenly sensed that their stock was being fiercely attacked by some organized short-selling force.
This targeted suppression put unprecedented pressure on the Shen family.
If the stock price continues to fall like this, not only will the financing plan fall through, but the family's cash flow will also face an unprecedented test.
What worries them even more is that they currently do not have enough funds to replenish their positions in order to cope with this sudden crisis.
So, who exactly dares to short the Shen family's stock? Who is this opponent? And what are their backgrounds and motives?
These questions, like a fog, shrouded the Shen family in anger and confusion.
This opponent is clearly not simple; he not only possesses strong financial resources but also unfathomable strategic acumen.
There are very few people in the world who dare to short the Shen family.
Now, it seems that there is only one way for the Shen family to stop the decline: to use real money to buy more shares without hesitation.
This is a direct and effective strategy that can quickly convey to the market the Shen family's firm confidence in stabilizing their own stock.
However, this decision did not come without a price.
Once this portion of funds is used to replenish the stock, the Shen family's cash flow will undoubtedly become strained immediately.
It's important to understand that they were in dire need of funds to advance a series of important projects and plans, but now they have to divert funds at this critical moment to stabilize the stock price, which is undoubtedly a difficult choice.
Mr. Shen, a legendary figure who has been in the business world for decades, remained calm and decisive in the face of such a predicament.
He knew that if he didn't take concrete action to stabilize the stock price, the Shen family's stock was likely to continue to plummet, and could even trigger a more serious chain reaction.
By then, it will be extremely difficult to salvage the situation.
Therefore, Old Master Shen made a decisive decision to allocate a portion of the family's funds to replenish the bank account, in order to demonstrate the Shen family's determination and strength.
At the same time, he personally stepped forward to urgently communicate with major financial institutions in an effort to borrow more funds in a short period of time to cope with the crisis.
Old Master Shen understood that only by taking swift action could he effectively stop the continued spread of this decadent trend.
While making these decisions, Mr. Shen did not forget to investigate the identity of this mysterious short seller.
This incident was by no means accidental; there must be complex motives and purposes behind it.
Therefore, he immediately instructed the family's intelligence department to launch an investigation and find out the mysterious person who dared to target the Shen family.
"Hmph, how dare they target the Shen family? They're asking for trouble!" Old Master Shen angrily rebuked during the meeting.
Originally, some of the funds were intended to be invested in mainland China, specifically in monopolistic projects. However, it now appears that some of these projects will have to be given to others.
The Shen family's hatred for Huo Deguang intensified. If it weren't for Huo Deguang's crackdown on the underground lottery, the Shen family would still have a steady stream of external funds.
But now, the stock market is in danger, and external funds are unavailable, plunging the entire family into crisis.
Hang Seng Stock Exchange.
Looking at the hurried people from the Shen family, Wen Wan knew that the real show was just beginning.
The boss's plan is about to succeed.
The Shen family has already started frantically buying more shares.
The relevant funds are going to enter the stock market to stabilize it; as for the effect, that remains to be seen.
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