Rebirth: I Want to Collect Rent
Chapter 576 Subprime Mortgages
Hao Liang was shocked when he heard Wu Guochang say that the real estate company the four of them worked with had a problem.
After all, among all industries, the real estate company that cooperates with Wu Guochang and others is the most profitable. And it just distributed dividends a few months ago, and now there is a problem.
Hao Liang exhaled and asked on the phone, "Brother Wu, what's the problem with the company? Is this problem serious?"
"It's serious, but not fatal. We'll tell you the details when you come over tomorrow."
"Okay, then I'll come over tomorrow. I'll pack my luggage and hang up first." Hao Liang hung up the phone after saying that.
Hao Liang calmed down and started packing his luggage.
After packing a few pieces of clothes, Hao Liang sent a message to Meng Mengdi at school, telling her that he was going to Shanghai tomorrow.
Meng Mengdi immediately sent back a message. "How many days will you be leaving?"
"I don't know, it depends on the situation. Something happened to the company over there."
"Well, I went home for the National Day. My mother called me yesterday and asked me if I would go back."
"Okay, be careful when you go back. Don't drive too fast."
"I know, you have to call me when you get back, and I'll be back early too."
"Okay, let's not chat for now. I'll call Ding Meili and ask her to follow me tomorrow." Hao replied again.
"Okay, I miss you." Meng Mengdi quickly replied to the message.
This time Hao Liang did not reply to Meng Mengdi's text message, but took the phone and called Ding Meili.
The phone rang twice and Ding Meili picked it up.
"Hey, boss, why are you calling me?"
"Pack your luggage and follow me to the Shanghai Stock Exchange tomorrow."
"How long are you going to go? Will you be back during the National Day?"
"It's not clear yet."
"My mother just told me that we were on a blind date during the National Day, and you disturbed it again. Then I hang up. I'm going to pack my bags." Ding Meili said and hung up the phone.
Hao Liang also called Liu Hua and asked him to prepare to accompany him to the Shanghai Stock Exchange tomorrow.
The next morning, Hao Liang asked Liu Huafeng to drive and took Ding Meili to the Shanghai stock market and arrived at the real estate company.
Hao Liang asked Liu Huafeng to go to Changkai Hotel to get a room, and he took Ding Meili up to Wu Guochang's office.
"Fifth brother, if something happened, you called me over to discuss it."
"Hao Liang, due to the influence of the United States, the property market is now sluggish and many houses are no longer available for purchase. Should we lower the price? Several banks are demanding loans."
"What's wrong with the United States? How come it's in recession? Wasn't it pretty good in the first half of the year?" Hao Liang glanced at Ding Meili and asked Wu Guochang.
"Subprime mortgage crisis." Wu Guochang spat out four words.
Hao Liang also immediately remembered this matter and racked his brains to recall what happened in his previous life. After thinking for a long time, he asked,
"Where are Brother Jiang and Brother Li? Why haven't they come over yet?"
"They came here in the morning and are now going to the bank to smooth things over. They should be back soon."
As soon as Wu Guochang finished speaking, Jiang Donghao and Li Qijun walked in. After seeing Hao Liang, they said hello and sat down. Wu Guochang asked immediately.
"How's it going at the bank?"
"We were given a year for those loans, but we won't be approved for other loans, md." Li Qijun cursed.
"It's been a good year. As long as there are so many people checking out now, it will be a bit difficult to handle."
"Fifth brother, how long can our funds last?" Hao Liang asked.
"In a year's time, it will still be the case that those customers are not checking out. Now many customers see other real estate companies reducing prices and want to check out."
"Then give them a refund. Let the news spread tomorrow and say that we can't keep up with the funds and delay the delivery. Let more people come to check out."
"Hao Liang, didn't we go bankrupt faster? Now we can't keep up with the funds, so we have to check out. We won't make any money in the past six months." Li Junqi said to Hao Liang.
"We just need to ensure the urban complex under construction now. No matter what else, as long as we postpone it until next year, everything will be solved."
"Hao Liang, did you get some news? Your senior brother Ge told you." Jiang Donghao looked at Hao Liang and asked.
"Next year we will rescue the market. I don't need to say more about this rescue of the housing market. This is also an opportunity for us. An opportunity to become bigger and stronger." Hao Liang looked at Wu Guochang and the others and said.
Wu Guochang and the other three looked at each other, and Wu Guochang said again, "But what about our funds? The residential areas have all been withdrawn, and our funds can't keep up."
"Then why are you so stubborn? Let them check out first, and the money will not be refunded. It's October soon, and it won't matter if you delay it for half a year."
"Then we won't pay any dividends in the second half of the year. How about we pay dividends next year? The money will be used to acquire land first." Wu Guochang looked at Hao Liang and the others and asked.
"I have no objection. It would be better for us to find some connections and get another loan. Now the funds are all tied up in the land." Jiang Donghao thought for a moment and said.
"Yes, let's look for connections again. Taking advantage of the current downturn in the property market, we can acquire a few more pieces of land at a low price." Hao Liang also agreed.
"Hao Liang, are you sure you will rescue the market next year? If you don't, our company will be really doomed. Then I will have to live abroad for the rest of my life." Wu Guochang asked with some worry.
"If that's the case, I'll go with you and be your companion." Hao Liang said with a smile.
"Okay, the four of us will find connections now and take a gamble on how much we can borrow this time. I will find the right time to buy a few completed properties." Wu Guochang gritted his teeth and said.
After more than a week in the Shanghai Stock Exchange, Hao Liang asked several of her senior brothers and sisters to borrow 3 billion in funds in the name of a real estate company.
Through their connections, Wu Guochang and others obtained 8 billion in funds from banks and tried to hoard real estate land.
Hao Liang saw that the matter here was almost settled, so he deliberately left Ding Meili to continue to watch here. Hao Liang went back to Yueshi directly.
Hao Liang returned to Yue City and rested for a day. When he got up the next day, he called Ni Fang at the bank.
"Hao Liang, it's rare that you called me. What's the matter?"
"Come out for a meal and bring your bank's stock agent manager with you."
"Okay, then I'll bring someone over now. I just have something to tell you."
"Okay, then I'll wait for you at Yifang Tea Restaurant over at the World Trade Center. Come over quickly. Hang up first."
After saying that, Hao Liang hung up the phone and drove to Zhong Yi's tea restaurant.
Hao Liang arrived at Zhong Yi's tea restaurant, asked the waiter for a small box, and waited for Ni Fang and others to come over.
After a while, Ni Fang walked in with the stock agent manager from their industry.
Hao Liang smiled and said to Ni Fang, "President Ni, that's it."
"President Ni, I have to call everyone, Vice President Ni. He is still far from the president." Ni Fang sat down and said jokingly.
"Same, same, I want something to drink, it's still early for lunch." Hao Liang also said teasingly.
"Hao Liang, I'm sorry that Meili called me last time and asked for a loan. After all, your real estate company is from another city, so there is really no way to help you. If you use the money from other cities,
In the name of a factory, I will lend you even one billion yuan." Ni Fang said apologetically.
"It's done. It's all a trivial matter. When my real estate company builds a building in Yue City in the future, you have to extend this loan. Let's have something to eat first." Hao Liang said still smiling.
"That's for sure. We have been in a relationship for such a long time, so why should we be worried? By the way, why did you ask me to bring our acting manager here?"
"I would like to ask which bank here in Yue City can sell US stocks on behalf of me. Also, how much can I get for Tencent's stocks now?" Hao Liang asked directly.
When Ni Fang heard that Hao Liang wanted to buy stocks, she looked at Hao Liang like she was crazy and said.
"Hao Liang, do you still want to buy in this situation? As someone who doesn't trade in stocks, I know how severe the decline is now. If you have more money, spend it on me."
"I only want to buy if the price falls sharply. If it goes big, can I still buy in? Do you know if there are any banks that have agents for U.S. stocks in Vietnam?" Hao Liang asked, looking at the two people.
"There is no agency for U.S. stocks in the Yue stock market. All banks in the Yue stock market are similar. If you really want to buy the U.S. stock, there may be banks established abroad in the Shanghai stock market." The manager brought by Ni Fang
said.
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