Chapter 0081 There was a thunderstorm, Zhong Zhengwen was arrested, and Li Xianbin lost all his money.

The iron lady fell.

It’s really shocking.

However, for the entire Xiangjiang, the first thing they need to face is a terrifying market turmoil.

Iron Lady got it on September 26th.

The Hang Seng Index fell by 200 points that day.

Following China’s statement, the Hang Seng Index fell another hundred points.

The next day, the Hang Seng Index continued to fall.

What most people fear is the outbreak of war.

At this moment, Xiangjiang’s stock market has completely collapsed.

And Lin Fei was not idle at all. He had already prepared funds and started shorting the Hang Seng Index.

However, this time, the scale of Lin Fei’s short selling was not very large.

Don’t worry, this is where you are going.

The real sour feeling comes from the 87 stock market crash.

The capital in my hands is already quite strong, and I can definitely become a big one at that time.

Go short. Increase leverage and go short.

Lin Fei was not in a hurry.

As long as you can withdraw before buying the bottom.

In fact, the Hong Kong stock market plummeted this time, and the problem was not particularly serious. Basically, by 1984, with the dust settled on the negotiations between China and Britain, and with the introduction of a series of policies from the mainland, Hong Kong’s stock market returned to stability.

This round of slump is actually a battle between Chinese capital and British capital.

From then on, British capital began to enter a comprehensive decline, and Chinese capital ushered in a comprehensive rise.

Now what Lin Fei is waiting for is a big firework.

He was very patient. After more than a month of plummeting, the Hang Seng Index had fallen to 860 points.

You must know that the highest record of the Hang Seng Index at the beginning of the year was 1,900 points, and the highest record at the end of 1981 was 2,300 points; it plummeted by more than 1,100 points. point.

The collapse of the stock market heralded the collapse of the entire industry. Banks tightened their monetary policy, and land and building prices plummeted.

When the real estate market collapsed, land prices were the first to suffer. At this time, land prices in Xiangjiang generally fell by 50% to 60%.

This is a quite terrifying figure. The biggest declines have occurred in industrial land and high-end residential land. The selling price of industrial land in Kowloon Bay has dropped from a monthly level of HK$360 per square foot in early 1981 to only HK$35 per square foot..

It plummeted directly to one-tenth of its original value.

The situation of residential buildings is still better. High-end residential land in the Nanwan Road area of Hong Kong Island has also dropped from the highest level of HK$1,500 per square foot in early 1981 to only HK$650 per square foot.

The fall in land prices has led to a sharp fall in real estate prices, and at the same time, a sharp fall in rents.

Property prices have dropped by more than 30%, and residential property prices have finally become unbearable. North Point residential property prices have dropped from the highest price of HK$1,300 per square foot in mid-1981 to HK$850 per square foot; rents have dropped the smallest, but It’s also as high as 20% to 25%.

Taking Grade A office buildings in Central District as an example, the rent per square foot was around HK$32 per square foot in mid-1981, but has now fallen to around HK$25 per square foot per month.

It was basically cut in half, and industrial land was even worse, plummeting to one-tenth of its original value.

And Lin Fei was not anxious at all.

Now is not the time to buy the bottom. The best time to really buy the bottom is between 1983 and 1985.

The past three years have been a time of large-scale withdrawal of capital from the Eagle Country, and it has also been the time when Chinese capital has come to power. The chartering king has taken over Wheelock & Company, Li Jiacheng has taken over Hong Kong Electric Group, and every Chinese capital has Have a glorious future.

However, now…

Lin Fei wants to detonate the landmine of Yida Group.

Lin Fei knew very well about Yida’s investment issues.

Yida Investment is even being investigated secretly.

This guy Zhong Zhengwen is really tough.

After the collapse of Jianing Group, Yida Investment got out. However, Yida Investment at that time was not considered safe. In addition to owing a debt of 2 billion Hong Kong dollars, the entire Yida Investment also had a guaranteed loan of 1.6 billion Hong Kong dollars, making it insolvent. There was a great risk of thunderstorms, but at that time, Xiangjiang’s property market still did not collapse, and Zhong Zhengwen was still able to withstand it.

Later, things turned around for Zhong Zhengwen, and Zhong Zhiqiang still dragged Li Xianbin into the group.

Lure the Li family in.

If we fill the hole at this time, it will not be too late.

As long as the safety of cash flow is ensured, there will definitely be no problem.

But unfortunately, Xiangjiang’s hot real estate still gave Zhong Zhengwen an illusion.

That is, the real estate in Xiangjiang will continue to rise indefinitely.

Then, Zhong Zhengwen continued to bear the foreign debt of 3.6 billion and began to continue lending.

Of course, this time, with the name of Li Xianbin and the name of the Li family, many things will be easy to handle.

On the one hand, Li Xianbin was asked to borrow money, and on the other hand, Li Hysan was asked to guarantee the property.

The two parties formed Everbright Investment.

Once you have acquired the land, you will directly take out a mortgage, and then quickly develop new properties and acquire new land.

The main character is as moving as a cunning rabbit and as powerful as lightning.

In a very short period of time, Everbright Group mobilized tens of billions of funds and launched more than 70 real estate projects, ten more than Land Group.

Even before the Iron Lady’s fall, Everbright Group continued to mortgage land to facilitate its continued borrowing from banks.

Li Xianbin felt that he had really made a fortune.

What about Lin Fei?

Can you accumulate so much wealth in a short period of time like yourself? (To read cool novels, go to Feilu Novel Network!)

Even Li Xianbin felt that his manly confidence had returned, as if that thing was starting to respond again.

He felt like he could do it.

What about Lin Fei?

Didn’t he also create the miracles he so called?

Even Yu Li Xianbin still felt relaxed.

Basically, Zhong Zhiqiang did all the big and small things. All he needed to do was sign and seal.

Everything was going smoothly until Iron Lady fell down.

Things were starting to go wrong.

Yida Group.

Zhong Zhengwen paced back and forth in the office, his face filled with worry.

Banks tightened lending, and land and house prices plummeted.

The land in the past plummeted by half in an instant.

Now, even if they directly sell all the land they hold, it will not be enough to repay the bank loan. The most terrifying problem now is that Yida Group is already somewhat unable to repay the interest on the bank loan.

Banks took in loans and land prices plummeted.

If Yida Group is unable to repay the interest at this time, then the entire Yida Investment will collapse.

Once Yida Investment goes bankrupt and liquidates, many shady secrets will inevitably be exposed.

Zhong Zhengwen cannot afford this thing. If not, he will go to jail.

“no! It is only a matter of time before Yida Group is liquidated and bankrupt. If you want to leave, you must leave quickly!”Zhong Zhengwen also felt something was wrong and immediately called his son.、

“Run away?”Zhong Zhiqiang looked at his father and couldn’t help but ask:”Do you really want to leave Xiangjiang?”

“There is no other way, dad, I also need to go out to avoid the limelight for a while!”Zhong Zhengwen took a deep breath, and then said:”You stay!”

“I? Zhong Zhiqiang pointed to his nose:”Dad, you want me to stay?””

“This is the best way. After I leave, I have to leave one person to take care of the company. I can’t trust anyone except you.���, the real estate in Xiangjiang is like this now, but if the situation improves in the future, it will be of huge benefit to us!”Zhong Zhengwen said:”This is the best choice!

Zhong Zhiqiang smiled bitterly, and then said:”Okay!” Dad, when will you leave?”

“Tonight!”Zhong Zhengwen said straightforwardly.

“Leaving tonight? Zhong Zhiqiang’s eyes suddenly widened:”Isn’t this too fast?””

“I don’t hope either! Zhong Zhengwen smiled bitterly and said:”However, I always feel that the danger is very close. I still need to tell you something now!””

When the father and son were discussing how to escape,

“Boom!”

There was a knock on the door. Zhong Zhengwen, who was sorting out documents and exhorting his son, suddenly trembled and the documents in his hand fell to the ground.

“who?”

No one answered, but the office door was opened, and it was officials from the Xiangjiang Securities Regulatory Commission and several plainclothes policemen who walked in.

Seeing these people, a trace of cold sweat suddenly appeared on Zhong Zhengwen’s forehead.

“Who are you?”Zhong Zhengwen pretended to be calm and said!

“Mr. Zhong, we are the China Securities Regulatory Commission. Currently, we have some cases here that we need your cooperation in investigating! The

CSRC official took out his ID card, waved it in front of Zhong Zhengwen, and said in a serious tone:”Please come with us!””

Zhong Zhengwen took a deep breath (Nuo Zhao’s):”What case needs me to investigate? If you have any questions, go to my lawyer. I’m busy right now. Please don’t interrupt my work!”

If it were an ordinary case, as Zhong Zhengwen said, then the law enforcement officers in Xiangjiang would not continue to enforce the case. However, this time it is really different. This matter is of great importance, involving banks and many other things. Operating in secret, Zhong Zhengwen has a lot of debts, and there must be no accidents.

The people above require that Zhong Zhengwen must be brought back to the police station to assist in the investigation, and his departure from the country is restricted.

“Mr. Zhong Zhengwen, please cooperate with our work, otherwise……”of

“What else?”

The final result was that Zhong Zhengwen could only be taken away, and his face was ashen.

Zhong Zhiqiang watched helplessly as his father was taken away, and his face turned pale. At this time, the phone in the office rang. After getting up, Zhong Zhiqiang picked up the phone, but Li Xianbin’s voice came from the other end of the phone:”A Zhong, what is the situation of the group now?”

No more!”

Zhong Zhiqiang said numbly:”No more!””

“What’s wrong?”On the other end of the phone, Li Xianbin obviously didn’t realize the importance of the problem.

“I mean, Yida Investment is gone, Everbright Investment is gone too! Zhong Zhiqiang laughed loudly:”Everything about your Lijia mortgage loan is gone, hahahahaha!””.

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