However, in those days, Beijing had strict controls on real estate, and the procedures for acquiring land were complicated. After acquiring land and developing a residential area, developers could not advertise in newspapers, which left them with no way to promote their properties.
Chu Yu didn't care too much; good houses can always be sold.
Since advertising is not allowed in mainland China, Chu Yu decided to advertise in Hong Kong. He had already planned it out: once the two residential areas in Pengcheng were developed, he would advertise in Hong Kong.
These days, the purchasing power of port cities should not be underestimated.
Things are cheaper on the mainland. Their money can only buy a small apartment of 30 or 40 square meters in Hong Kong, but on the mainland they can buy 100 or 200 square meters. If the property prices skyrocket in the future, they can sell it and it will be a good investment.
Chu Yu had a pretty good plan, but just as she was about to acquire a piece of land, she received a message from Mi Fei.
"This land was snatched away by someone else?"
Chu Yu was stunned. Beijing's real estate market wasn't like the South China Sea; it wasn't that hot. Nobody wanted this land for so many years, and she got snatched up as soon as she made a move?
Who is the other party?
“Cheng Yuandong, do you remember him? He registered several companies, including Yuandong Group and Changfeng Group. This man has been buying land like crazy in China this year. He currently owns more than 20 plots of land, mostly in the South China Sea, with a small portion in places like Shenzhen and Beijing.”
Chu Yu was very curious about Cheng Yuandong. She didn't know whether this man was friend or foe until she met him.
"Could you arrange a meeting with him for me? I'd like to meet him," Chu Yu said.
Mi Fei also wanted to meet Cheng Yuandong, a legendary figure in the business world. At a young age, he single-handedly dominated the business world in a short period of time, with money flowing into his pocket exponentially.
Mi Feiguang had only heard from others that this man had a powerful backer.
Chu Yu felt that Cheng Yuandong was a time traveler or reincarnated, otherwise it would be difficult to explain his behavior. She arranged to meet Cheng Yuandong at a Chinese restaurant.
"Hello, Mr. Zhou." Cheng Yuandong walked over with a smile.
Cheng Yuandong was dressed in a black suit, looking quite presentable. He was also quite handsome and composed, much like Chu Yu had imagined.
"Mr. Cheng, I've heard so much about you." Chu Yu smiled and stuck her head out.
Chu Yu's purpose in coming this time was very clear: she wanted to find out Cheng Yuandong's background and whether he was truly reborn.
Chu Yu tentatively smiled and said, "President Cheng is truly a young talent. His judgment of the current situation is very accurate. President Cheng went to Pengcheng to acquire land, invested in real estate in Nanhai, and then returned to Beijing. Every step President Cheng took was steady and solid, yet he was always one step ahead of others."
Cheng Yuandong smiled, his smile gentle and not arrogant, but simply modest:
"People's judgments about the current situation are determined by many factors. I've read some books and heard people talk about the real estate market in Hong Kong and island nations. At that time, I thought that China's real estate market would definitely boom as well. China has a large population, but the housing provided by work units is far from enough. Take Beijing for example, the average living space per person is less than 10 square meters. With such a housing shortage, and people having no place to live, it's only natural that the government would loosen the real estate market."
Cheng Yuandong spoke eloquently, and if Cheng Yuandong were no match for Chu Yu, Chu Yu would have a very good impression of him.
His analysis is also correct. Everyone knows that China has a large population, so the real estate market is bound to boom.
But in the present moment, who can clearly see which direction history will take?
Just look at the newspapers and the data from the housing authority, and you'll know that China's real estate market is about to boom; it's practically a matter of destiny.
"Mr. Cheng is too modest. Ordinary people don't know that the real estate market is going to boom just by reading a newspaper. Mr. Cheng must have some unknown skills to get to where he is today."
Chu Yu's smile was not aggressive and appeared exceptionally sincere. Cheng Yuandong raised an eyebrow, his gaze sweeping over her for a moment before he smiled meaningfully, "Isn't President Zhou the same way?"
Chu Yu was taken aback for a moment, then heard Cheng Yuandong say, "I heard that President Zhou comes from a rural background. A country girl started from a street stall and accumulated enough wealth to become rich in just two years. Later, President Zhou was admitted to Tsinghua University and took all her savings to Beijing to do clothing business. The clothing business was easy to do, and President Zhou made a lot of money. She then started doing real estate, making movies, and also doing skincare products. President Zhou's life sounds more like a legend than anything else. Sometimes I even think that President Zhou might have some kind of supernatural ability. Otherwise, how could President Zhou succeed at everything she does?"
Cheng Yuandong's smile was fake, while Chu Yu's was even more impeccable.
She took a sip of tea before speaking:
"Mr. Cheng's path to wealth is very similar to mine. We both started striving and turning our lives around in high school. After entering university, we focused on doing business and thinking about how to get rich. But Mr. Cheng has to admit that to succeed, it's not enough to just have foresight; you also need sources of information and connections."
"It seems this is Mr. Zhou's insight."
Cheng Yuandong wasn't telling the truth, and Chu Yu was being completely discreet.
The two ate a meal and talked a lot, but not a single word was useful or true.
After Cheng Yuandong left, Chu Yu watched his retreating figure, frowned, and asked Mi Fei, "Does Cheng Yuandong really have no one backing him?"
"I couldn't find anything." Mi Fei had tried his best, but Cheng Yuandong had a clean background and the people he associated with were very simple.
Mi Fei couldn't find anything.
Chu Yu pondered for a moment and then called Li Jinchao over.
"Keep an eye on this Cheng Yuandong for me. See who he's been in contact with. Also, help me investigate his past. I have a feeling he's more of an enemy than a friend."
Ordinary opponents are not enough to make Chu Yu so wary.
Chu Yu was afraid that Cheng Yuandong was a time traveler and that he might join forces with bad guys to ruin her plans.
Li Jinchao was a little worried, "If I leave, there will be no one to protect Miss Zhou."
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