Technology company, I will become the light of China!
Chapter 493: Trillion-level debt, real estate companies collectively collapsed
"Team leader, my computer has a blue screen."
"Mine also has a blue screen. The system update just popped up. I didn't even notice it and it updated automatically."
"Be careful, don't click on system update, otherwise a blue screen of death will occur, and the self-healing tool will be useless!"
"Pay attention to the preservation of data!"
"Damn it, the other side is using a dirty trick!"
A large-scale blue screen in a building in Dragon Kingdom's Magic City caused technical staff to panic. Many management staff immediately rushed to tell others and asked others to update.
After Xiao Gang learned the news, he immediately called the person in charge for questioning.
"How much damage has the blue screen caused, and will it affect data exchange?"
Zhang Zhongyao looked ugly and reported the situation: "All data has been backed up and has not been lost, but the progress has been delayed. The data exchange between the three cities may not be completed in two days."
"If we work 24 hours a day, can we try to open the market on the third day?"
Xiao Gang suppressed his anger.
They never expected that the United States could still use this damaging trick, but it also exposed the current problem of Long Country, which is that the operating system is overly dependent on Microsoft.
Not just Dragon Kingdom, but countries all over the world rely on Microsoft's Windows system, which is also widely used in medical, railway, education and institutional units.
Want to avoid it?
Basically impossible.
Although important units also use Windows systems, they will use multiple protection measures, such as advanced encryption technology, access control systems, deployment of firewalls, and the use of encrypted security software.
But this update jumped too fast. Everyone thought it was a normal system update and didn't take it to heart. When they discovered something was wrong, it was already too late.
"Maybe, but I'm really not sure." Zhang Zhongyao looked uneasy.
"Since it is possible to realize it, then we should work hard to do it. If this matter is delayed, the whole world will laugh at us."
"clear."
"Open the highest level of protective wall."
"receive!"
The data in the three cities is extremely large, and interoperability is not an easy task, and it also involves the reform of rules.
For example, T+0 trading requires the use of high-frequency trading programs to simulate transactions to ensure that the stock market will not be paralyzed after interoperability.
This is similar to the original Taowu.com and Wangdong platforms. During shopping festivals, there would be lags and paralysis because of the heavy traffic.
The same goes for the new stock market. It must be ensured that it can withstand millions or even tens of millions of transactions per second. Because it is T+0, you can buy and sell at any time.
Don’t think that the frequency of tens of millions of transactions per second is an exaggeration. Anyone who has seen the stock trading records of Microsoft, Apple, Amazon, etc. will know how terrifying T+0 is, and your opponent is not a person, but a quantitative program.
The biggest feature of the quantitative program is that it can complete thousands or even tens of thousands of transactions in one second.
If there are ten institutions or hot money using it, that is 100,000 transactions per second. If it cannot withstand the pressure brought by high-frequency trading, the whole world will watch the Dragon Kingdom joke.
After roughly understanding the situation in the mainland, Xiao Gang called the village chiefs of the Securities Regulatory Commission of Hong Kong Island and Baodao to inquire about the specific situation. They both said that this blue screen incident would have little impact on the data, but would delay the data exchange process.
Two days.
They only had two days.
Xiao Gang expressed concern, as did the two village chiefs of Hong Kong Island and Baodao.
After all, this is a major reform of Longguo's capital market. If anything goes wrong, the country will lose face.
However.
The United States' tactics are not over yet.
The blue screen crisis has not yet been resolved. Major banks and financial institutions in the United States, including some international financial organizations, have published a list of overdue debts, almost all of which are Longguo real estate companies.
Xu Ying, who was still sleeping, was also awakened by the rapid ringing of the phone. He reluctantly picked up the phone on the bedside table and pressed the answer button.
"I'm Xu Ying, what's the matter?"
"Something happened, boss. International Capital requires us to repay overdue debts and charge default and late payment fees as stipulated in the contract."
"What???"
Xu Ying woke up immediately.
Bai Shanshan, the leader of the song and dance troupe who was lying next to him, also opened his hazy eyes. Before she could react, Xu Ying hurried to the study room with the phone in hand.
"What happened?"
Bai Shanshan murmured to himself.
She also picked up the mobile phone placed on the bedside table and looked at the time. It was now four o'clock in the morning. Logically speaking, it was not an urgent matter, and it was impossible to call at this hour.
As the leader of the Hengda Song and Dance Troupe, Bai Shanshan is Xu Ying's right-hand man. It is no exaggeration to say that she has contributed a lot to the success of the Hengda Group to the scale it is today.
"Buzz-"
Suddenly her phone vibrated with a message on WeChat.
[Li Youyou]: "Sister Bai, something may have happened to the group. Foreign capital collectively issued an announcement about our group's debt, with the scale reaching hundreds of billions. Now it is spreading all over the Internet."
Li You is a confidant trained by Bai Shanshan. He is usually responsible for collecting various information about the group and then reporting it to her.
Why collect information?
Very simple.
Accompanying you is like accompanying a tiger.
If you want to please a man, you can't just rely on your beauty. You must have your own means.
Only beautiful girls are nothing more than higher-end vases. For people with high status, the most indispensable thing is vases.
Bai Shanshan naturally knew that if she wanted to avoid being replaced and continue to be favored, she had to solve problems for Xu Ying, so she dealt with many things secretly.
Xu Ying actually knew about the things behind the scenes, which was why, even though there were many beautiful women in the song and dance troupe, he favored Bai Shanshan alone.
Looking at the text message sent by Li Youyou, Bai Shanshan did not reply. Her heart had already been in turmoil, and her pupils were even more shocked.
Collective debt collection is going to kill Hengda!
Perhaps many people do not know the operating model of real estate companies, nor do they know why Hengda Group can develop rapidly.
Hengda's development history is more like a history of borrowing and leverage than a history of development.
In the context of the era of large-scale infrastructure, land is equal to money. Taking a piece of land is equal to ten times the profit.
Under this background of huge profits, how to take more land has become the top priority that real estate companies need to solve.
So how to get land?
Three words, spend money!
Borrowing money from friends, seeking bank loans, mortgaging assets, and signing gambling agreements are all daily operations of real estate companies, and well-known real estate companies such as Hengda and Country Garden have also used a trick, that is, borrowing money from international capital.
Driven by ten times the profit, can international capital not lend?
Obviously.
The two hit it off.
It was also during this period that real estate companies such as Hengda Group and Country Garden took over a large amount of land, and then relied on the land to build houses and made a lot of money.
Wang Jianlin of Wanda Group once said, "Tsinghua University and Peking University are not as good as being bold." This sentence describes real estate. As long as you dare to borrow money and dare to take land, you can make money.
But as the group grows bigger and bigger, Hengda and Country Garden are not satisfied with real estate. They all want to do something else. The result is naturally known, that is, they are defeated and almost lost the accumulated working capital.
In recent years, they have encountered economic deflation and the real estate industry is sluggish. The cash in the account of Hengda Group is less than 10 billion.
If the creditors come to collect the debts collectively, Hengda Group will not be able to bear it at all, and the capital chain will be broken instantly. This is also the reason why Xu Ying is panicking. He is really scared this time.
Bai Shanshan is also a little panicked at this moment because she knows the inside story.
She knows the cash flow of Hengda. Even if all assets are discounted, it is only enough to repay a small part of the debt.
"What should I do if something goes wrong?"
As a woman, in addition to being afraid that the capital chain of Hengda Group will be broken, she is more afraid of losing Xu Ying.
This is a bit like the eunuch party in ancient times. When the emperor was there, all civil and military officials were willing to give them a few faces.
But if the emperor is gone and a new emperor is replaced, the eunuch party will be completely liquidated, because these people's rights come from the emperor, and they will disappear instantly if they lose favor.
…
Xu Ying in the study was sweating on his forehead, and asked anxiously: "Why are you being chased for debts all of a sudden? Didn't I tell you to tell them that you will pay back part of it after a while?"
"I... I don't know either. It may be related to the data exchange between the three cities, and the listing of companies such as Longxing Group, ByteDance, and Xinjiang Technology."
"What?"
As soon as the person on the other end of the phone finished speaking, Xu Ying's heart was filled with a thousand alpaca. How many things happened during his sleep?
"Longxing Group is listed, ByteDance and Xinjiang Technology are also going to be listed. This is to deeply develop the capital market."
"Why is it so sudden?"
"Why is there no news at all!"
Xu Ying was extremely panicked.
But he couldn't show it, and asked with a surprised tone: "What does the data interconnection of the three markets mean?"
"The mainland A shares, Hong Kong stocks, and Formosa stocks are re-integrated. Except for the Hang Seng Index and the weighted index, all other indexes are cancelled, and the Golden Dragon Technology Index is added."
"Oh, right."
"The new stock market is still T+0 trading."
The moment the voice fell, Xu Ying's heart was completely dead.
He knew why foreign capital suddenly demanded debts and made the debt owed by Hengda Group public. It turned out that it was not for money, but to hit Longguo enterprises, or in other words, to hit Longguo real estate.
"How much money do we have left?"
Xu Ying asked in a low voice.
"There is less than 10 billion in the account. If all the assets are sold, maybe 200 billion can be raised, but it is far from enough to fill the hole."
"Damn it, it happened at this time." Xu Ying couldn't help cursing, he was completely unable to hold it.
If this happened half a year later, he could slowly reduce his debts, but it happened suddenly and he was not prepared at all.
If all the debts of Hengda Group were disclosed, he couldn't imagine how huge the astronomical figure would be.
"I know, let's talk later."
Without waiting for the other party to speak, Xu Ying hung up the phone.
He raised his phone and was about to throw it to vent his anger, but thinking that the phone had important information, he put it back in his pocket, and then overturned all the books, desk lamps and computers in the study. Looking around, it was a mess.
When the disaster was imminent, he finally understood how far Li Jiacheng's vision was.
He bought the bottom of Hong Kong Island real estate and became the richest man for more than ten years. When the real estate in the mainland was hot, he sold a lot of real estate and had a lot of cash.
Xu Ying thought he was a coward before, but now it seems that he was stupid and didn't know how to retreat while the tide was rising and put the money in his pocket.
Tonight is destined to be extraordinary. Not only Hengda Group and Country Garden, but also the CEOs of large and small real estate companies have lost sleep. Some of them have already started to plan how to fill the hole, while others want to run away.
Li Jiacheng, who is sitting firmly on the Diaoyutai, held a family meeting at this moment.
Li Zekai sat opposite him, and the other children also cheered up and waited for their father to speak.
"Let's take a look at the news."
Li Jiacheng looked at the tablet on the desktop.
Hong Kong Island is free to browse foreign websites because there are no restrictions.
The tablet on the desktop is the balance sheet of Longguo Real Estate Company published by Twitter, among which Hengda Group ranks first.
"So much debt?"
"Why is it so sudden?"
"Country Garden's sales model, how come they are also on the list?"
Li Zekai and others were puzzled.
"Sometimes a person dresses brightly and beautifully, not because her family is rich, but because she may stand on the street. Do you understand what this means?" Li Jiacheng's words are rough but the truth is not rough.
What he wants to express is also very clear, that is, he is talking about Hengda's operating model.
Li Zekai and others nodded and agreed with what their father said.
People of their class have seen too many people pretending to be celebrities and rich young men who want to soar to the sky.
On the surface, these people are more real than real celebrities and rich young men, but secretly, they may have owed millions of debts.
"This time I called you to get up, just to let you understand a truth, you can't be proud of the money you make, the money in your pocket is your money." Li Jiacheng continued.
"I know, Dad."
"We all understand."
"Put the money in your pocket and wait for the opportunity. These eight words, Dad, you have been mentioning since we can remember, and we dare not forget them."
Li Zekai and others responded one after another.
Listening to his children's answers, Li Jiacheng was very satisfied. His style of doing things is either not to make a move or to go all out, and now in the real estate, he can't see the opportunity for him to go all out.
But...
There may be opportunities in the financial field...
...
At the same time.
A courtyard in the capital of Longguo.
Wang Shan was also awakened by Xiao Gang's call. When he learned that things were not going well, he also frowned.
"With such a high leverage and debt exceeding one trillion, Xu Ying and his group really gave us a big surprise."
"I think the one trillion debt is not the most serious, but once this news comes out, it may trigger a downturn in the real estate economy, which will seriously affect our housing prices."
Xiao Gang said in a deep voice.
If the United States is a financial country, then Longguo is a real estate country, and real estate represents the real estate economy.
Looking back on the past ten years, all provinces, cities, and counties have achieved rapid development by relying on the land economy, but if it suddenly stops, the consequences will be disastrous.
"Is there a way to support it?"
Wang Shan asked.
"It's hard to say, maybe we need to hold a meeting to study it. I think what we need to solve now is the overwhelming negative news about the real estate market."
When Wang Shan and Xiao Gang were talking on the phone, foreign water armies had already occupied the Weibo Square and spread a lot of panic news.
[Yurizhiyang]: "It's over. Real estate companies have collectively collapsed and owed trillions of debts. Owners who have not received their houses should prepare to defend their rights!"
[Baile]: "Those who bought Hengda pre-sale houses had better go to inspect their houses. This time it's really no joke. It's very likely that both the house and the money will be lost!"
[Mantou]: "Trillions of debts, if nothing unexpected happens, your money is gone, and your house is gone. I have a rights protection group here. Those who want to defend their rights can come in."
The comments in the square made netizens who had not slept and bought pre-sale houses stunned for a long time.
Those who have bought houses know that there are two sales models for real estate, namely ready-made houses and pre-sale houses.
Ready-made houses are more expensive, while pre-sale houses are often cheaper by tens of thousands of yuan, so many people are willing to wait for pre-sale houses.
As for the so-called pre-sale houses, you pay the developer first, and after the money is in the supervision account, the developer will start to build the house, which is almost the same as the pre-sale sales.
"It's over!"
"It's completely over!"
"No, I have to go to Hengda Sales Office to ask for an explanation at dawn!"
"My life savings!"
The overwhelming rhythm posts on the Internet have shaken some home buyers, and they plan to ask for an explanation at dawn.
Far away in the United States, across the ocean, Davic looked at the reactions of Weibo netizens, and a slight arc appeared at the corner of his mouth.
"You can handle the blue screen incident, but let's see what you can do with the real estate crisis."
"Hahaha!"
He laughed loudly, which was a bit creepy.
Wei Yan sat on one side. Although he was anxious in his heart, he still looked calm on the surface, and his eyes did not change.
He knew very well that this was a thunder, and it would explode sooner or later.
It was useless to say anything now, and he had to withstand the shock wave brought by the "thunder" explosion.
However, he was also worried that the sudden thunder of Longguo Real Estate Company would cause concerns among international capital.
After all, no one wants to invest in a risky company?
The Dragon Rising on February 2 is an important node. Now it seems that the Jewish capital behind Davic and the American Angsa Capital want to suppress the dragon head.
"What are you thinking about?"
After Davic laughed, he looked at Wei Yan, who had a calm face.
This guy didn't laugh at such a happy thing. He was a little unhappy and became suspicious again.
Wei Yan heard this and calmly expressed his thoughts: "I was wondering if there would be funds to take over. After all, real estate is the main source of income in Long Country."
"You're worrying too much." Davich shook his head and continued: "In this context of economic deflation, they have absolutely no extra funds to undertake it unless they use foreign exchange."
"Can use foreign exchange..."
A smile appeared on his lips again, and he lowered his voice a little: "Then it's a bad start, and many companies in the Dragon Kingdom will be ready to take action, because they will know that there is a country that takes care of everything, and they don't have to panic no matter how big the trap is."
"I see."
Wei Yan looked like he was being taught.
He had to admit that Davich was indeed cruel and ruthless in doing things, and he was very good at using his own strengths to attack the shortcomings of others.
The most important thing is that he is extremely suspicious, or very cautious.
Seeing Wei Yan's appearance, Davich felt very comfortable and said with a smile: "Study hard. As my deputy, you must not only understand finance, but also learn to find the opponent's weaknesses, and then quickly attack and kill him with one blow! "
"Understood."
Wei Yan nodded.
At this moment, he couldn't help but worry about Longguo's real estate economy, but it was at this juncture of data exchange among the three cities. If possible, he really wanted to donate 5 billion US dollars back, even if it was a drop in the bucket, he could still do his part.
However, what Wei Yan and Davich didn't expect was that Chen Xing smiled brightly when he learned about the real estate thunderstorm.
"Ha ha!"
"Finally!"
As a reborn person, he knew earlier than anyone else, even before Xu Ying, that real estate companies such as Hengda Group and Bigui were going to have a storm and were in urgent need of funds to take over.
In his business map, the layout has been centered around "food, clothing, housing and transportation", and most of it has been completed so far.
The real estate industry is experiencing a thunderstorm, and it is in urgent need of funds to take over the business, and Longxing Group happens to be a cash cow, so it can definitely take over the business.
but!
Longxing Group’s liquidity is not enough!
But as the saying goes, when everyone adds fuel, the flames rise. If Chen Xing alone can't take on such a big plate, isn't there someone else?
Chen Xing did not hesitate and sent a message directly to the WeChat group of the "Domestic Alliance".
[Chen Xing]: "The real estate company is experiencing a thunderstorm. Is there anyone interested in taking over?"
Less than ten seconds after the message was sent, Ren Guofei called.
"You want to take over?"
He obviously can't understand why Chen Xing wants to take over real estate. You must know that real estate speculation has been restricted in 2016, and this industry is in the sunset.
"I want to build a smart community."
"Smart community?"
"Everything is interconnected, have you forgotten? I have mentioned it many times."
Ren Guofei was silent for a long time and asked: "Do you know how much capital it will cost? A conservative estimate is more than 2 trillion. Even your Longxing Group and my Kunpeng Company can't afford that much money!"
"There are no other bosses."
"Not enough, far from enough!"
Ren Guofei was categorical.
"What if we add the money raised from the listing? In addition, I will try to contact a real estate tycoon. If he takes action, the money should be enough."
"Li Jiacheng?"
Ren Guofei guessed it instantly.
"That's right." Chen Xing didn't hide anything and told the story: "Last time when I went to Hong Kong Island to integrate the Tan Stock Market, I met his son Li Zekai. Houlong Li Zekai came to me again and said that Li Jiacheng wanted to talk to me. , because I had a meeting, I declined him, and now I can take this opportunity to visit him. "
"This is an undertaking with a minimum of 2 trillion yuan. Can he agree?"
Ren Guofei's tone softened a bit.
Now if you want to ask who has the most cash among Longguo entrepreneurs, it must be Li Jiacheng who has cleared out his real estate.
After going public to raise funds, plus the funds from the domestic alliance, plus Li Jiacheng's cash, maybe he can really take on the real estate project.
Of course, if the funds are not enough, Chen Xing has a backup plan, which is to deploy latent funds in Israel.
Li Daxiao and Yang Delong have calculated that if they develop according to their plans, the 10 billion will be increased at least ten times.
Li Jiacheng, who is far away in his villa on Hong Kong Island, still doesn't know that while he is educating his children, the money in his pocket has been targeted by Chen Xing.
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