Resource Tycoon Reborn

Chapter 739 Rewards

Barrett left, full of longing for the future. There is no one in the world who can be the top of the world and see all the small things in the mountains. However, before, Barrett felt that with the strength of etell company, the small area was famous.

It’s okay to be the king of the world, but on the state and even the national stage, there are many real estate companies that are stronger than it. However, now Barrett feels that he can raise his expectations for the future of Etell Company.

Turn it up a bit!

"Has he agreed to your request for capital injection?" Angelina asked Fang Mingyuan softly.

"Well, he said he would go back and ask the board of directors for their opinion, but he personally welcomes me to inject capital into etell company." Fang Mingyuan stretched his waist and said, "Later, we talked about the relationship between Longxing Construction Group and etell company.

Regarding some cooperation issues, I plan to send a group of business backbones from Longxing Construction Group to work at Etell Company for some time to study hard and let them see how Etell Company operates high-end real estate projects." Although Fang Mingyuan is not

I agree with the disorderly rise in housing prices, but high-end real estate is not included.

"If he didn't tell lies, wouldn't it mean that your capital injection into etell company has already been decided?" Angelina said a little funny, but she knew that 40% of etell company's shares have been controlled by Yu Dongfeng

In the hands of those companies, plus Barrett's own shares, the total shares account for about 80% of etell's shares. And Mr. Barrett probably doesn't know that after Fang Mingyuan completes this capital injection, he should have achieved

The purpose of holding.

"Well, I guess there will be results soon." Fang Mingyuan nodded and said, "Have Mr. Xun and Mr. Yu arrived?"

"They called just now. They have already got off the plane and are coming here." Angelina replied.

Xun Botao and Yu Dongfeng were sitting in the car. Although they had been chatting for a long time along the way, they still couldn't suppress the excitement in their hearts. Although this economic crisis has caused widespread suffering, countless companies, financial institutions, and individuals have been affected.

They got involved and became victims, but they were not included. At Fang Mingyuan's request, when the U.S. subprime mortgage crisis first emerged, the two of them gradually released their shares into cash.

Then they changed hands and prepared to go short. The result is that now, even if they pursue concealment and not overly stimulate other peers, the profits are still huge enough to make even the richest people dumbfounded!

What makes Xun Botao and Yu Dongfeng feel most comfortable is that they can earn this money risk-free. They only need to follow Fang Mingyuan's requirements and carry out normal operations according to the approximate timetable, and they will get extremely generous profits.

The two of them also invested their own personal wealth in it, and naturally they made a satisfying profit! Unlike some projects they operate by themselves, they have to always be prepared for unexpected events.

Later, the two of them also communicated and believed that Fang Mingyuan's approach was a conspiracy to take advantage of the situation. As long as he grasped the context of the development of the matter and was one step ahead of it, it would be like a snowball rolling down the hillside without any need to exert any force.

, will become bigger and bigger, and become more and more irresistible. It’s just that it sounds simple, but how to ensure that every key node in the whole thing is one step ahead will extremely test one’s vision and decision-making ability.

Although similar things have happened in the past, they have never been as large-scale and lasted as long as this time. Of course, the benefits are definitely not as amazing as this time. Moreover, what makes the two of them excited is that this time

This feast is far from over, not to mention far away, but right before our eyes is that the fat piece of Citigroup is about to be cut.

The thought of "sharing" Citigroup was enough to make the two of them feel excited. Two years ago, Citigroup was the world's top financial institution. In the U.S. and even global financial markets, their feet were trembling.

It is really unimaginable that we have fallen into such a situation now. Of course, many American financial institutions collapsed during the subprime mortgage crisis, including some heavyweights. But in terms of reputation, Citibank is more famous.

Known.

When the two arrived at the villa, Fang Mingyuan personally greeted them in front of the villa, which made the two of them feel even more happy. They entered the living room and sat down separately. Yu Dongfeng's eyes fell on the Central Park outside the window, and he couldn't help but praise him.

He is somewhat familiar with the high-end real estate prices in Manhattan.

"Uncle Yu, it is impossible to transfer this villa to you, but you can come and live at any time, and the same goes for Uncle Xun." Fang Mingyuan said with a smile. Yu Dongfeng didn't care about this. He knew that this was not Fang Mingyuan.

Stingy, but this villa was a gift from the Saudi royal family and should not be re-gifted or even resold.

"I will be very proud if I can stay here for a few days and entertain guests!" Xun Botao said with a genuine smile.

"But you don't have to be envious. In a few years, you will have your own real estate here." Fang Mingyuan casually threw the folder left by Barrett in front of the two of them, "This project should be completed soon.

Construction will start, and when it is completed, it will be even better than my villa in some aspects. I plan to buy a few villas to reward everyone." If an economic crisis can be weathered safely, Fang Mingyuan doesn't mind taking more.

Money to reward everyone. Of course, this is also because he has relatively strict control over equity and will not easily reward everyone with equity.

Yu Dongfeng picked it up and said with a smile: "If Mr. Fang takes a fancy to it and uses it as a reward, it will definitely be good!"

He glanced twice and couldn't help but make a soft noise: "It's a really good place. 157 West 57th Street in Manhattan. I know that place. It was originally acquired by Etell Company to build a new apartment building."

"Etell Company? Is it the company that deals in high-end real estate in Manhattan? I heard that even the subprime crisis broke out, it did not have a big impact on its performance. The company has still made good profits in the past two years. Huh?

, I remember, we have shares in this company, right?" Xun Botao walked over curiously and said, "This building looks very grand, and it is quite interesting to have a small view of the mountains. Living on a high floor, the view must be great.

No wonder Fang Shao said that in some aspects, it is even better than his villa. This apartment...well, it is really not small. It is a ninety-story apartment building, excluding the hotel below.

There are only about 90 apartments for sale on this floor. In the past two years, a small apartment would have cost 40 to 50 million US dollars, right?"

"When the construction is completed, if the U.S. housing market returns to normal, the top-floor apartment is estimated to be worth more than 90 million US dollars." Fang Mingyuan said with a smile, "Buy it now, and they will give me a 15% discount." Xun Botao and Yu

Dongfeng's heart skipped a beat. Although they are now rich and their property is worth billions of dollars, a house worth 90 million dollars is still a bit stressful for them. Although Fang Mingyuan plans to give it to them

The apartment may not necessarily be the best, but it is estimated to cost 50 to 60 million US dollars. This gift is not light.

"Hey hey hey..." Yu Dongfeng shouted, "Master Fang, you are handing over your right hand. I remember whether we have 30% or 40% of the shares in this company."

"About 40% of the shares, and the chairman of Etell Company has just left. I plan to inject capital into it, and strive to achieve a controlling shareholding in the company after the capital injection." Fang Mingyuan said with a smile.

"Huh? Dongfeng, what's so good about this company that it can actually make Mr. Fang fall in love with it?" Xun Botao asked in surprise.

"I remember that this company seems to specialize in mid-to-high-end real estate projects, and many of them are in Manhattan." Yu Dongfeng scratched his head and said. He holds equity in many large and small companies, so naturally it is impossible to remember every one of them.

It's clear, but I still have some impression.

"Uncle Yu has a good memory. Etell Company has a large land bank in Manhattan and many commendable projects. This time the economic crisis broke out and the real estate industry in the United States was hit hard. I think it is best to acquire a group of properties in Manhattan at this time.

Land for future development should be a good deal." Fang Mingyuan said with a thumbs up.

Yu Dongfeng laughed loudly, and Xun Botao pondered for a moment and said: "You still have the foresight. I'm afraid there is no open space for development in Manhattan except Central Park. And the influence of New York on the American economy

Determined by its strength, its land prices should still have a lot of room to rise in the future. If you plan ahead and take advantage of the period when land prices are at a low point to acquire a batch of land, you will indeed have a lot of room for profit in the future."

"Uncle Xun, there's no need to flatter me. The U.S. economy will definitely continue to rise in the future, but it's hard to say how long this crisis will last." Fang Mingyuan waved his hand and said with a smile.

"I think, Mr. Fang, you are not just trying to make a fortune in the real estate industry, right? At the end of November last year, the Federal Reserve announced that it would purchase agency bonds and MBS. I think this marked the beginning of the Federal Reserve's formal implementation of its quantitative easing policy. The Federal Reserve

This policy not only expands the base money supply, but also levies seigniorage from the world in disguise! I think this behavior will cause the dollar to continue to depreciate, global primary product prices to rise significantly, and the market value of U.S. foreign debt to shrink significantly as a result.

!" Yu Dongfeng said thoughtfully.

"Not only that, this policy of the Federal Reserve also provides support for the U.S. government to expand fiscal spending and maintain its deficit policy. They want to use this method to promote the U.S. economy to recover as soon as possible." Fang Mingyuan nodded.

"So it is not advisable to leave a large amount of cash assets in your hands." Xun Botao said. The three of them looked at each other and smiled.

"Young Master Fang has also noticed this, that's great!" Yu Dongfeng chuckled, "I'm still thinking about talking to Young Master Fang when I see him this time. The cash assets in our hands are quite a bit

Too much, and once the dollar starts to depreciate, we will lose money."

"Is it too much? Don't complain to me about the allocation of too much funds in the future." Fang Mingyuan said with a smile, "Several major domestic projects have already been announced, and the time to spend money is coming! Well, Citigroup

Let’s put aside the situation first and talk about the situation of Detroit’s three major automakers.”

"Okay!" Yu Dongfeng took out two stacks of information from his briefcase and handed them to Fang Mingyuan and Xun Botao, cleared his throat and said, "The subprime mortgage crisis evolved into a financial crisis, and then further became a global economic crisis. For the United States,

The impact on the global economy has been huge. The real economy in the United States shrank by about 2% in the fourth quarter of last year. According to the current situation, a large number of company failures will occur, which will cause the global economy to collapse in this year and next.

The extent of the recession may be more severe than many people expected. Major countries around the world, including China, may have to tighten their belts and live a hard life for a while. As one of the three major American automakers, it is natural that they

It was also a case of overturning the nest without leaving any eggs, and fell into a bankruptcy crisis..."

The U.S. automobile industry has been facing challenges from Japanese and European automobile manufacturers. Excess production capacity, high production costs and a nearly saturated market have made life difficult for the U.S. automobile industry in recent years. The outbreak of the subprime mortgage crisis has also

Triggering the financial crisis and then the global economic crisis, this is nothing short of worsening the situation for U.S. automakers that have suffered from double-digit declines in car sales for many consecutive months! According to data released by a well-known U.S. survey agency

, the interest rates on bonds issued by the three major automakers are all around 20%. Such high interest rates reflect the U.S. market's pessimism about the future prospects of the auto giants. In fact, last year's cumulative deficit may have been as high as ?500.

The three major automakers with billions of dollars are indeed facing bankruptcy!

"The three major U.S. automakers have been lobbying in the U.S. Senate and House of Representatives for many months. Although it cannot be said that their lobbying will end in failure, I personally am not optimistic about it." Yu Dongfeng said, "Although, the United States

Congress has previously agreed to allocate US$25 billion to assist these auto companies, but the three major automakers hope that Congress can provide an equal amount of low-interest loans to help them tide over the crisis. Whether the US Congress will agree to it is not yet known.

Yes, but the EU has made it clear that this kind of state aid is illegal. If the U.S. Congress insists on going its own way, they will file a lawsuit with the World Trade Organization. The attitude of the Europeans has undoubtedly affected the Americans. The current prospects of this bill

It’s unclear, and these car companies, with all their current funds, may only be able to hold on until February.” (~^~)

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