Resource Tycoon Reborn

Chapter 719 Money is a problem

As the saying goes, you will only know how little you have when you use the book. Fang Mingyuan now knows how little you have when the money is used! The funds that have been withdrawn from the European, American and Japanese stock markets in advance, excluding the funds that still need to absorb the shares of the company that you like in the stock market, and the funds that have already been withdrawn

In addition to the funds for the planned investment direction, now, the economic crisis is just the beginning, and he already feels that the funds in his hands are somewhat stretched. If Pingchuan Petroleum Group had not shipped a large amount of oil before the international price of oil plummeted, he had earned a fortune

With huge profits, he will now have to worry about money. But if this trend continues, the day when he will have to worry about money will come sooner or later!

But he couldn't stop there. If the subprime mortgage crisis hadn't developed into a financial crisis, and then affected the real economy, it turned into a global economic crisis. Even if you have money, it would be difficult to easily get your hands on many assets. For example,

Russian oil fields, shares of Burj Khalifa World and shares of Rio Tinto Group!

Of course, this does not mean that it is impossible to buy them at all, but in the period of economic growth, the funds required to acquire these assets will be a terrible number, but now, it may only be a fraction of the original price.

1, you can collect these assets into your own pocket. Therefore, for those who are prepared, the economic crisis is also a rare feast of capital redistribution! But most people are those who have been allocated

Just a part!

As for those advanced production technologies, it is even more difficult to buy with money in normal years. For example, the production technology of the ps90a turbofan engine. If Russia had not been forced into a corner now, I am afraid that it would not be possible.

Levsky refused at that time. And acquiring this technology from European and American countries was impossible even at the peak of the economic crisis! Even if the company that owned it wanted to sell it, the government would never allow it!

Fang Mingyuan sometimes thought that if it weren't for his "greed", he would want to take all the good things into his arms, which would result in the Fang family's companies involved in multiple industries. In fact, for an individual or a family, his

The funds are already ridiculously abundant! Even those old wealthy families may not be able to have as much liquidity as him! But it’s a headache, and the good things that are brought to his lips, he must not

After a few bites, he felt that he would regret it for the rest of his life!

Money! Fang Mingyuan needs more money now!

Although, with Fan Mingyuan's influence, even during the economic crisis, he could borrow huge amounts of funds from domestic and foreign financial institutions at very favorable interest rates, but Fan Mingyuan knew very well that the debt must be

Controlling it within a reasonable range, excessive debt is like a time bomb. Once any unexpected situation occurs, it is likely to trigger a chain reaction, blowing up the originally good situation into a mess, and destroying the good things.

Become a bad thing!

Therefore, Fang Mingyuan does not intend to rely too heavily on loans, so new channels are needed to raise funds. Domestic funds are naturally the first choice, but he must also consider that if a large amount of funds are withdrawn from the country, it will have a negative impact on the development of the domestic economy.

Negative impact: Although Su Huandong has convinced others not to introduce a large-scale economic stimulus plan during this economic crisis to avoid causing larger-scale overcapacity and affecting future generations, if the economic decline is too severe, the impact

When the domestic society stabilizes, the possibility of launching an emergency economic stimulus plan also exists. Once this happens, not only will the efforts of himself and Su Huandong be in vain, but it will also seriously affect Su Huandong's influence, and may even make Su Huandong's

Fang Mingyuan would undoubtedly not be able to accept being a lame prime minister for the rest of his term.

In fact, it is also an option to partially list the companies under the Fang family. However, when the global economic crisis has shown its fangs, the global stock market is in a downward trend. Listing at this time cannot guarantee the maximization of the interests of these companies.

, the funds raised were also limited, so this plan was abandoned by Fang Mingyuan. Of course, if the higher authorities could approve the establishment of a third stock exchange in Tongyi or Fengyuan, and the rules would be drawn up by himself, Fang Mingyuan would not mind.

List several of its companies to obtain a batch of working capital. However, it is very difficult to get approval from above for this plan! This is clearly stealing meat from the mouths of the two major stock exchanges!

Is it possible to...sell a batch of commercial housing in hand? Longxing Construction Group has built a large number of commercial housing communities across the country in recent years, especially in Beijing, Shanghai, Fengyuan, Pengcheng and Yangcheng.

The house settled in his hands. It was not because he could not sell it, but because Fang Mingyuan deliberately kept some of the houses in his hands. For this purpose, he also set up a subsidiary company to manage the rental and sale of these houses.

Many of these houses have experienced huge increases over the years compared with the original house prices. Moreover, since the country does not plan to launch a strong stimulus plan for the economy, the skyrocketing house prices in previous lives should not have occurred.

If it reappears, these bargaining chips that were originally intended to help Su Huandong stabilize housing prices and suppress the disorderly and crazy growth of the real estate industry will lose the significance of their existence.

However, Fang Mingyuan also has to consider the timing of releasing this batch of houses. The prosperity of the real estate industry is also the fundamental reason for the rapid growth of Longxing Construction Group. As in the previous life, the real estate industry was so popular that it even hijacked the national economy.

What Fang Mingyuan doesn't want to see, but if the real estate industry declines, the impact on the country's economy will also be terrible. That means that many industries related to the real estate industry will be dragged down by it! Especially those who

Industries with excess production capacity will face greater difficulties, and may even be desperate! A large number of companies have gone bankrupt, employees have been laid off in large numbers, the economy has declined severely, and social stability has been challenged, triggering a national economic crisis, with equally serious consequences!

Therefore, the best situation should be that housing prices stabilize at a certain price, and then as national income continues to increase, high housing prices will be absorbed! Just like the average housing price in Beijing in the past two thousand years was only more than 5,000 square meters. At that time

, considering the income of people in Beijing at that time, housing prices were already high, but if this price were placed in 2010, it would not be called high housing prices! At least the people in Beijing can afford it.

Fang Mingyuan believes that the average housing price in a city, even taking into account the one-time payment of land use rights fees, should be controlled at a level where the total cost for a family of three to buy a normal two-bedroom apartment is within the per capita annual income of their city.

Within twenty times of the annual household income, that is, within ten times of the annual household income. For example, in cities with a highly concentrated population, the average house price should not exceed fifteen times of the annual household income. Otherwise, it will squeeze residents’ investment in other industries.

Domestic national consumption cannot be raised in terms of household expenses. To a large extent, this is because houses take away too much of the national income!

As far as Fang Mingyuan knows, last year's statistics from the Beijing Statistics Department showed that the per capita income in Beijing was almost 40,000 yuan. However, this year's housing prices in Beijing have plummeted to about 18,000 yuan per square meter. Calculated in this way, even for a couple,

The total annual income, excluding various taxes and fees, still takes eighteen years to buy a house with a construction area of ​​80 square meters. Obviously, the housing prices in Beijing are still on the high side. If you think about it again

Looking at the water problem in China’s statistics on per capita income, it can only be said that housing prices are seriously beyond the affordability range of the people!

On the contrary, the current situation in Tongyi is much better. Under Su Aijun and Zhao Xuan's careful control, the average house price in Tongyi is almost twelve times the per capita income of Tongyi, and it is declining year by year. With the cost of land use rights,

The installment payment policy continues to expand, and there is room for further decline in average house prices. Moreover, Tongyi's public rental housing is now quite large, which has suppressed the skyrocketing house prices to a considerable extent.

This also makes Tongyi people more generous in daily consumption than people in other cities, which in turn drives the development of Tongyi's service industry. As an emerging city, it can be said that from the beginning, Tongyi's management attaches great importance to service

The cultivation of industry has not neglected the service industry because of the establishment of a series of manufacturing companies. And Tongyi's consumption level has strongly supported the vigorous development of the service industry. Now in Tongyi, the GDP created by the tertiary industry

It has reached about 40% of urban GDP, which is close to the proportion of the secondary industry, and the growth rate is quite strong.

Tongyi's personal consumption development speed has also attracted the attention of other cities and towns in Qinxi Province. Fengyuan has been discussing for at least the past two years whether to introduce some of Tongyi's related practices to promote the development of Fengyuan's consumer market.

, Promote the tertiary industry, this is of course the result that Su Aijun and Fang Mingyuan are happy to see.

After the Spring Festival, Su Aijun was promoted to the top leader of Qinxi Province, Li Dongxing became the acting governor, and Ma Yongfu went to Fengyuan to serve as the acting mayor. I believe that the discussion on this issue among Fengyuan City’s senior officials will come to an end. Fengyuan and Tongyi

The relationship between them will also become closer and closer, the integration pattern of Fengtong will be effectively promoted, and the economic status in the province will be further consolidated. Su Aijun will also play a greater role in his new job.

The impetus for reform comes.

Fang Mingyuan hopes that under the leadership of Su Aijun and Li Dongxing, Qinxi Province will have a prosperous economy, a stable society, and people to live and work in peace and contentment, and find a different path for the development of other provinces and cities, instead of blindly developing industry and real estate.

Having gone too far, Fang Mingyuan shook his head and collected his divergent thoughts. The problem now is how to raise a sum of funds to swallow all the fat handed over by the Russian government. Although Aso Xiangyue

Before the financial crisis broke out, she had already been rectifying the Fang family's properties in Russia and recovering unimportant assets and funds invested in the stock market, bond market, and futures. However, the funds on hand had already been arranged, and Fang Mingyuan did not intend to

After all, the transfer from her is related to the future development of the Fang family's industry in Russia, and it is also related to the stabilization of the relationship between the Fang family's allies in Russia. The funds from Japan and the United States have almost been transferred, and if they are transferred further, they will have to be sold.

A part of high-quality assets, and this is a result that Fang Mingyuan does not want to see.

To make use of overseas funds, the United States, Japan, South Korea, Europe, and China Eastern Mingyuan can all find partners who are willing to cooperate with them, but there are more or less problems of one kind or another. How to grasp the proportion and seek advantages and avoid disadvantages?

, is a very testing thing.

This is the trouble with the global economic crisis, that is, everyone needs money, but only a few can afford it, and most of these few have to give priority to their own country.

"We need more funds to support the market!" Westbrook said to Vicki with red eyes. Rio Tinto Group's stock price has been falling for many days in the Australian and British stock markets, and now it is approaching

It has reached the mark of fifteen pounds per share. According to the prediction of financial personnel of Rio Tinto Group, if there is not enough good news in the near future, it will be a matter of time before it falls below this mark. And once the stock price falls below fifteen

The pound mark per share is likely to further trigger selling by shareholders! In that case, the share price of Rio Tinto Group will plummet!

"Where do we still have money now?" **Vicci, who looked as haggard as if he had aged for more than ten years, helplessly spread his hands and said, "You also know that the company can no longer borrow money, and the remaining funds are guarantees.

If the company can operate normally, how can we pay employees if it is invested in the stock market? That will cause greater chaos." In fact, **Vicci really wanted to say that even if the money is invested in the stock market, it will definitely be able to support the company.

share price?

"Then sell some of the projects!" Westbrook stared into **Vitch's eyes and said. The outbreak of the economic crisis caused bulk commodities, including iron ore, to become severely unsaleable in the international market, and prices plummeted. Rio Tinto

The group company now has an astonishing inventory and a huge backlog of funds, but even if they sell at a reduced price, it is difficult to find buyers in the market, because everyone knows that the economic crisis has just begun, and maybe the situation will be even worse in 2009.

Moreover, the Chinese government has been vigorously rectifying the domestic steel industry, eliminating backward production capacity, and strictly controlling the growth of steel production capacity. This has also made everyone pessimistic about the future price of iron ore.

In contrast, Brazil's Vale and BHP Group have reached large orders with Chinese companies in advance. Although their profits have been greatly reduced, at least their sales are still smooth, and neither company has huge debts. The company's senior management is more

Without scandals, the situation would naturally be much easier than that of Rio Tinto. (To be continued.)

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