The two didn't come out of the bedroom until 10 a.m.
Li Xinxin was reading a book when she heard the noise. She looked at the two of them with a strange expression and said, "Are you tired? Hurry up and go to the restaurant to eat."
Shen Dong chuckled and said, "It hasn't gotten to that point yet. But you and Qiu Ti need to step up your game. The two of you together can't even beat Haitang alone. It's really speechless."
Even the proud Haitang blushed upon hearing Shen Dong's words, and said in embarrassment and anger, "What nonsense are you spouting?"
Li Xinxin smiled and said, "He's always like this, you'll get used to it."
Shen Dong asked, "Where are Qiu Ti and Yong En?"
Li Xinxin said, "I went to the mall, I'll be back in a bit."
Shen Dong simply said "oh" and didn't ask any more questions.
At noon, Shen Dong, along with Li Xinxin, Qiu Ti, and Ou Yongen, went to Hong Kong Island Airport to send Haitang back to Taiwan.
The four of them only returned when they could no longer see Haitang.
After sending Li Xinxin and Ou Yongen back to the villa, Shen Dong and Qiu Ti went to Tengfei Real Estate Company.
From the day the stock market crash began, Shen Dong had Tang Peijun investigate wealthy people who were eager to sell their properties.
What he has no shortage of right now is cash, a whopping 3.5 billion US dollars.
During this period of financial crisis, they are definitely among the richest people.
Therefore, he set his sights on valuable properties.
Inside the office, Tang Peijun gave a report to Shen Dong.
"Mr. Shen, as you instructed, we have conducted a thorough investigation of the current real estate market and discovered that many businessmen are selling their properties at discounted prices in order to pay off their high-interest loans. Some of these properties are extremely valuable, and we have compiled a list for your review."
Shen Dong took the report, glanced at it, and a satisfied look appeared on his face.
In this report, Tang Peijun sorted the properties according to their value.
The reason for this sorting is explained on the appendix.
The most valuable building is a 56-story commercial building in the Central and Western District, which generates 300 million yuan in rent annually, while the entire building is only worth 2.2 billion yuan.
Even so, no one was willing to buy it.
First, the vast majority of businessmen cannot come up with that much cash; they are all trapped by the dismal stock market.
Secondly, housing prices were severely impacted by the financial crisis, plummeting by 20%. No one can guarantee that housing prices will continue to rise after the financial crisis ends, so many wealthy people dare not buy.
Of course, Shen Dong, who knew that housing prices would become increasingly expensive, was not included in this category.
The top three companies on the report were all commercial buildings, with a value between 1.5 billion and 3 billion.
Behind it are office buildings and residential buildings.
Shen Dong carefully studied the report and asked, "A-Jun, what do you think?"
Tang Peijun said without hesitation, "Buy. If you have the money, you must buy. Although this financial crisis has dealt a heavy blow to the Hong Kong real estate market, I am still very optimistic about the industry. I firmly believe that once the financial crisis is over, housing prices will definitely rise again, but we will have to go through a period of growing pains."
Shen Dong laughed and said, "We've reached the same conclusion again. Ah Jun, I'll give you 2.5 billion yuan. Buy all these high-value properties. Buy as many as you can, don't try to save me money."
Tang Peijun said with a mournful face, "Brother Dong, 2.5 billion is only enough to buy a commercial building."
Shen Dong said irritably, "Damn it, I said US dollars, not Hong Kong dollars."
"Two billion US dollars?"
Tang Peijun's eyes nearly popped out of their sockets in shock. He asked, "Brother Dong, how much money did you actually make on your trip to the United States?"
Shen Dong was taken aback and said, "Didn't Ah Hao tell you?"
Tang Peijun shook his head and said, "We're both very busy. We've only spoken on the phone once recently. I asked him about it, and he said it was a trade secret and didn't tell me."
Shen Dong laughed and said, "Ah Hao is quite tight-lipped. This trip to the United States was very fruitful, earning a total of 15 billion US dollars."
"Whoosh!"
Tang Peijun abruptly stood up, his face filled with disbelief, and said, "15 billion US dollars? This...this...how is this possible?"
Shen Dong said, "Why is it impossible? My initial capital was 3 billion US dollars, and I used ten times leverage. Before the stock market crash, I had already earned 2 billion US dollars. After the crash, I used ten times leverage to turn 5 billion into 50 billion, and then sold after the stock price plummeted by 30%. Wouldn't the profit be more than 15 billion US dollars?"
After hearing Shen Dong's explanation, Tang Peijun was completely dumbfounded.
Having worked in finance on Wall Street, he knew the ins and outs of the business very well.
Shen Dong's words are simple, but putting them into practice is incredibly difficult.
If it were Tang Peijun himself, even knowing that the stock market would crash, he wouldn't dare to set the selling price at 30%.
If I make 10%, I'll probably run away.
Tang Peijun asked, "Brother Dong, how did you know the stock market would plummet by thirty percent?"
Shen Dong said, "I guessed. All of the more than twenty stocks we selected have fallen by more than 40%. It's a pity I didn't dare to bet so much, otherwise, I could have made another five billion US dollars."
Tang Peijun sat back down in his chair and became completely withdrawn.
Comparing yourself to others is truly infuriating.
These days, newspapers are full of news about people jumping off buildings, but Shen Dong, who has made 15 billion US dollars, still complains that he hasn't made enough.
Shen Dong said, "In ancient times, great chaos was always followed by great order, and the stock market is no different. I left most of my money to Ahao, and during the stock market crash, I let him buy up shares of those high-quality companies at rock-bottom prices. I believe that in a few years, my net worth will be two or three times higher."
Tang Peijun gave Shen Dong a thumbs up and said, "Brother Dong, I am now completely convinced of your abilities."
Shen Dong said, "Stop flattering me. Can 2.5 billion US dollars secure these top ten quality properties?"
Tang Peijun said confidently, "Yes. I'm a professional when it comes to bargaining."
Shen Dong said happily, "Okay, I'll be waiting for your good news of victory. Is there anything else?"
Tang Peijun said, "The Hong Kong Island government will hold an auction in a month to auction a piece of land in the vicinity of Kowloon, which covers an area of about 40,000 square meters."
Shen Dong narrowed his eyes slightly and asked, "When was this news received?"
Tang Peijun said, "Nine o'clock this morning."
Shen Dong asked, "What do you think the Hong Kong Island government's purpose is in doing this?"
Tang Peijun had clearly considered this issue, saying, "It's about boosting everyone's confidence in the real estate market. If this land can be sold at a high price, after being publicized by major news media, it will definitely have a huge positive impact on housing prices. As long as housing prices rise, the real estate industry can recover from its slump, thereby driving the upstream and downstream industrial chains, and the Hong Kong stock market will be saved."
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