God-level Trader of Rebirth

If the third quarter report of Infinite Company represents the strong recovery and competitiveness of the private economy, then the following third quarter GDP data of South China City is a smooth landing in the true sense!

28% year-on-year growth rate!

In this period of raging financial turmoil, it completely breaks the haze of the future.

So much so that after it was reported by international media, the whole world couldn't help but marvel at it. This is what they often call "deep speed"!

Many people are trying to estimate when the GDP of South China City will surpass that of Beijing, Shanghai and Guangzhou and become the largest city in the country.

On the Internet, the popularity of related topics is rising rapidly.

Among them, netizens commented on Qiandu Tieba "China City Bar":

"If Donghai City hadn't introduced foreign giants such as Microsoft and Honeywell this year, they would have definitely been surpassed by the rising star of Huanan City!"

"Beijing, Shanghai, Guangzhou and Shenzhen may all be turned upside down!"

As economic data for the third quarter are released one after another across the country, major institutions and media are rushing to report on it, and expectations for China's economic recovery are also increasing.

The stock market finally got rid of the dark cloud trend of "up for one day and down for three days" and ushered in a sunny day after the rain.

Both the Hang Seng Index and A-shares experienced a strong rise.

The Shanghai Composite Index once again stood at the 4,000-point mark without any suspense, fully confirming the old saying that "the stock market is a barometer of the real economy."

Those experts and scholars who had kept silent due to the stock market crash and continued decline have become active again, frequently appearing on the Internet and TV media, and seriously stating: "A-shares may usher in a slow bull market." Some people even boldly predicted that 6124 points is definitely not the highest point of the Chinese stock market!

For a time, investor confidence surged, bull market theories became rampant again, and many securities companies saw a significant increase in the number of stock account openings.

However, only people in the industry know that Infinite Securities is the biggest winner in this "big rebound" market.

They almost completed the position building at the lowest point of the market. If you only look at the rebound strength of the "CSI 300", the prices of many stocks have nearly doubled!

Based on this outstanding performance, Infinite Securities also launched an event on its website.

Investors only need to attach a screenshot of their holdings, and they can get a free enamel cup with the words "3000-point defense of A shares, take part in the war as a souvenir", which will be delivered directly to their home by express delivery.

The total cost of this activity was less than 100 million yuan, but it won the favor of many investors.

After all, in their impression, no matter how much money a securities company makes, it always looks like it is nothing.

November 2008.

A Rolls-Royce Phantom with the license plate number "Guangdong A98888" slowly stopped at the entrance of Infinite Securities on Guangdong Avenue.

The driver pressed the electric switch and opened the door.

A middle-aged man in his fifties, wearing a well-dressed suit with a "square yet round" face, stepped out of the car, took a deep breath, adjusted his posture, and walked into the building with steady steps.

A few minutes later, hearty laughter rang out in an office on the twelfth floor.

"Lao Xu, just come here. Why are you bringing so many things? This is too outrageous!"

Chen Jie looked at the middle-aged man and the assistant behind him, carrying a bunch of large and small bags into the office, and he really couldn't laugh or cry.

"I heard that you were hospitalized some time ago, and I was very worried, but I couldn't contact you, so I finally learned that you were in the company this time, so I rushed over as soon as possible."

"They are all local specialties from our north. They are not worth much. I just hope they will help your recovery."

Xu Jiayin said very warmly, and secretly gave his assistant a wink, asking him to quickly place the ginseng and cordyceps next to the sofa in the office, as if he was afraid that Chen Jie would refuse.

"Hey, Lao Xu, you are such a person"

Seeing this, Chen Jie shook his head helplessly, not knowing what to say.

I can only ask the secretary to make a pot of Longjing tea to refresh myself.

As a real estate businessman, Xu Jiayin inevitably has some charlatanism, but it is precisely because of this that Chen Jie is more willing to play with him.

After all, we all come from grassroots backgrounds and have a very low starting point, so we have more consensus on many things.

If it were the so-called "business celebrity circles" and "prestigious school elite clubs", he would not be able to fit in, and would even be somewhat resistant. It's now past three in the afternoon and the stock market has closed.

Chen Jie thought for a while and realized that there was nothing much to do today anyway, so he simply started chatting with Xu Jiayin about everything from the financial crisis to the recent policies for the Greater Bay Area, as well as the rebound in the stock market during this period.

After chattering here and there, both parties obtained some internal news from each other's respective industries.

Seeing that the atmosphere was almost over, Xu Jiayin took the initiative to pick up the teapot on the coffee table and poured tea for Chen Jie. At the same time, intentionally or unintentionally, he extended the topic to real estate and quietly observed his face.

As a prominent figure in the real estate industry, Xu Jiayin knows very well that those who work hard in the shopping mall pay most attention to aura and vision.

Of course he couldn't come to Chen Jie just to check on his condition and reminisce about old times.

In recent years, the real estate industry has been undergoing rapid changes and development opportunities are fleeting. In order to gain market visibility, Evergrande has had to adopt a large-scale expansion strategy and invest in a large number of projects.

In October 2007, the state began to implement macro-control on real estate, allowing banks to restrict loan approvals to real estate developers.

Under such circumstances, Evergrande still bucked the trend and acquired land.

As of the end of 2007, Evergrande's land reserve reached 4580 million square meters, an increase of nearly seven times compared with 2006.

At this time, Evergrande's total assets expanded to 213.8 billion yuan, total liabilities were 205.3 billion yuan, and the asset-liability ratio was as high as 96%.

As a private real estate enterprise, Evergrande mainly relies on bank loans as its source of funds.

The sudden withdrawal of loans from banks some time ago caught them off guard. The capital chain of many ongoing projects was broken, causing Evergrande's current cash flow to be extremely tight.

And he was pushed into a corner by heavy debts.

Faced with this funding crisis.

The first thing he thought of was Wang Shi from Vanke.

Because Evergrande and Vanke have a certain cooperative relationship in business, and they are both "real estate people", their personal relationship is not bad.

It would be great if the other party could give me a hand.

However, what he didn't expect was that as soon as he opened his mouth, Wang Shi rejected him mercilessly.

In the end, the two broke up on bad terms.

In desperation, he could only find ways to raise funds through IPO to relieve debt pressure.

As we all know, companies listed on A-shares generally have higher price-to-earning ratios and can raise more funds.

However, he has also obtained relevant information and knows that the A-share listing process is very complicated and usually requires two years of preparation in advance, not to mention that there are hundreds of companies lining up, so there is no time at all.

So he finally decided to list on the Hong Kong Stock Exchange.

Because the listing conditions of the Hong Kong Stock Exchange are relatively loose, there are no rigid requirements for corporate profitability, and more emphasis is placed on the company's growth potential and market prospects.

However, due to the company's aggressive expansion in recent years, irregular governance structure, and opaque financial statements, Evergrande ultimately failed to pass the Hong Kong Stock Exchange's listing review and lost its most important financing channel.

As a last resort, Xu Jiayin approached Chen Jie and wanted to borrow some funds to tide over the crisis.

At the same time, he was also thinking about it.

If even Chen Jie is not willing to help him, then he can only go to Xiangjiang and seek help from the "Dadi Hui".

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PS: I’ve been really busy recently, because at the end of the year, I have a stock that needs to be done.