Chapter [-] Suppression of the property market

If you want to suppress housing prices and prevent the withdrawal of foreign hot money, you must act quickly and aggressively.On the contrary, if you wait until a large amount of hot money has quietly withdrawn from the property market, it will be too late.Moreover, the decline in the property market must be large and fast, so as not to give hot money a chance to sell.

And Zhou Dongfei wanted to make a move, even gods and ghosts couldn't stop him.

Those domestic banks and the real estate industry are too closely integrated, almost an offensive and defensive alliance.Because once the real estate industry collapses, the loans they occupy in the real estate market will face a huge crisis.

But Zhou Dongfei didn't care.In his Xinyi Huitong Bank, there are not many loans in this area.Because these banks belonged to the Rothschild family at the beginning, and this family was originally here to make money by hunting down the bottom line, not to invest with good intentions.

Of course, as a commercial bank, it is impossible not to invest in real estate.The leverage that Zhou Dongfei can leverage is this part of the real estate loan.

Just when the Prime Minister personally ordered the attack on the Yu family's property, the real estate market had already fallen into a stalemate - developers were reluctant to buy, and ordinary people were afraid to buy.Now, the competition is endurance and patience, to see who can last till the end.Those large real estate developers also formed an offensive and defensive alliance, secretly vowing never to lower prices, insisting on forcing the common people to continue to buy, and continue to push up the heat of the property market.

Moreover, the real estate developers have used a lot of means to publicize their efforts, saying that "the real estate market will not be cold" and "real estate prices will not drop", which makes people panic.The common people thought that the price would be lowered when they saw the policy of the central government, but now it seems that it is still very slim.

Now, it is a delicate stage of fierce competition.

At this time, any substantive action will become the last straw that crushes the opponent.

So at this critical and delicate moment, Xinyi Huitong suddenly announced: Xinyi Huitong's head office has ordered all branch banks to immediately recover the real estate loans issued by Xinyi Huitong.

While asking the various branch banks to urge the money, Zhou Dongfei has already asked the big lords in the provinces to assist in the "duining".These people are like wolves and tigers, and a phone call scared the local real estate giants out of their wits.These big real estate owners dare to delay, owe, or even deny loans from other banks, but they dare not offend Xinyi Huitong—even if they go bankrupt.Back then, Chen Jiantong, a big businessman in Wenchuan who was able to leverage hundreds of billions of assets, had to kneel in front of the door to win a way out of life because he offended Qiu Deyong.But now these developers are far inferior to Chen Jiantong; the prosperous Xinyi Group is far superior to the original Qiu Deyong Group.So, how dare these developers seem to offend Xinyi?What's more, Xinyi Huitong is not blackmailing, but just urges you to repay the loan, or refuses to borrow money from you again.

With the launch of the strong collection of funds, many developers have fallen into the dilemma of breaking the capital chain.Even if the whole industry wants to support housing prices, these developers really can't support it.Massive amounts of funds have been turned into reinforced concrete, but they cannot be turned into cash, so that even the salaries of the staff have been announced, so why are you still supporting them?

So, they finally dropped the price significantly!

The sudden drop of more than 20.00% is to recover funds as soon as possible.

But Chinese people have this habitual psychology: buy up and not buy down.Now that it has dropped?Well, let alone buy it, just wait for you to drop it again and again!

Once the wave of price cuts kicks off, the offensive and defensive alliance of real estate developers will no longer exist.In a city, even if two out of ten companies lowered their prices, the other eight companies would also be unlucky.Because those two companies can't sell their prices by [-] to [-] percent, who will buy those of yours that support the house prices?

If it is said that housing prices rose very fast at the beginning, then the collapse was even faster, as if the army was defeated like a mountain.As a result, Hangzhou, Jinling, Chang'an... As long as Xinyihuitong has main business in the city, the housing prices will drop like diving one by one.These are first-tier cities and are extremely representative.

Finally, the wave of price cuts has finally extended to several super metropolises such as the capital and Shanghai.The collapse of the property market can no longer be contained.

All the real estate agents cried for their fathers and mothers, and smiled when they were bored to make money, but this time they were all melted by tears.Some large real estate developers even vowed secretly: Get rid of the scourge of Xinyi Huitong!

But, they simply can't do it.They tried to do it through administrative means. As a result, many local officials tried to intervene, and even suppressed Xinyi Huitong, making a desperate struggle.These officials may not have too much collusion with real estate developers, but most of them are at work because of local protectionism.Because once the real estate market collapses, the land income that the local government relies on will shrink immediately, so that the fiscal revenue will immediately fall into an embarrassing situation where it cannot make ends meet.Some local governments even rely on "land sales" to make a fortune, rapidly increasing fiscal revenue and improving political performance.Now that their income is cut off, how can they be happy?This is another important reason why property prices have not dropped.

However, when those local government personnel tried to trouble Xinyi Huitong, the local branch and sub-branch presidents did not resist, but just handed them the internal promotional materials of Xinyi Huitong.These materials have just been printed, and they were not available before, because Zhou Dongfei asked everyone to keep a low profile as much as possible.But now, it must be taken out as a Shangfang sword.

……

"Director Liu, don't worry, I'll contact our head office right away. Don't worry, you will never interfere with our government's inspection—after all, you are here on behalf of the city government." The president of Xinyi Huitong Hangzhou Branch smiled As he said that, he pushed the internal materials, "Have a sip of tea first, and take a look at our profile casually, so that everyone can learn more about it. There should be news from the headquarters within 10 minutes."

examine?Just check it!But before checking, you have to see the situation clearly first!

Director Liu was so proud, he casually flipped through the documents with drooping eyelids.But just when the cover was opened and the title page was revealed, those drooping eyelids suddenly jumped, his hands trembled, and the whole person almost jumped up!

On the title page, there are two pictures of calligraphy—one is "Huitong Tianxia" written by the Prime Minister, and the other is "Three Services" written by Secretary Kang! ! !

Director Liu's hands trembled a little, and he could hardly hold the light publicity brochure.Turning to the next page, I found that it was a group photo of Ms. Wu Xiaomei, chairman of Xinyi Corporation, deputy to the National People's Congress, and a large number of senior leaders.A large number of ministers of major ministries and commissions, secretaries and governors of various provinces... those photos alone are bound into a large volume.All the officials who took the group photo were all above the provincial and ministerial level - they were at the ministerial level.

Turning to the back, Director Liu saw that even the Secretary of the Provincial Party Committee of his province had a photo with Sister Mei, and it seemed that the two of them were talking very harmoniously.Seeing the smile of the secretary of the provincial party committee, Director Liu's smile disappeared completely, and he felt chills all over his body.

"Ahh...the promotional material printed by your bank is very exquisite!" Director Liu came back to his senses and smiled, "It's very good, very good, can I take a copy back? I really like the Prime Minister and Secretary Kang. The old man's calligraphy, go back and copy it."

"Of course no problem." The branch president smiled, knowing in his heart what Director Liu was going to do.

Immediately, the director Liu couldn't sit still, and said that there were other things, and he said after the inspection: "It's not a big deal, it's a routine matter. Xinyi Huitong has made so many contributions to our Hangzhou. In fact, we can't check it." All the same, all the same."

After running away in a flash, Director Liu immediately came to the mayor.

"Why did you come back so soon? There are results, or have you hit a snag?" the mayor asked.

"No, look at this." Director Liu tremblingly handed the brochure to the mayor.

After the mayor saw it, his hands trembled more than Director Liu.In the officialdom, the higher the rank, the more afraid they are of big leaders.Because the closer you are to the top, the more you will know the terrifying energy above, and the heights are extremely cold.

"Mayor, after seeing this brochure, I didn't dare to continue to search. I found a reason to come back and report to you first."

"You are right. No wonder there is no movement in other cities. Lovers know the energy of Xinyi Huitong. Let's not jump out, lest we make ourselves ugly."

……

This is true of Hangzhou, as well as a series of domestic first-tier cities such as Jinling, Chang'an, Harbin, and Tailian.Everyone pays attention to political achievements and financial revenue, but compared with Wushamao, these things seem insignificant again.

As for the super-first-tier metropolises such as the capital and Shanghai, it is not so troublesome.Their city leaders are all provincial and ministerial cadres, with hands and eyes open to the sky, and they have long been aware of the energy behind Xinyi.The mayor of Shanghai also personally called Zhang Tianding to ask Zhang Tianding in a negotiating tone, to see if Xinyi Group could slow down appropriately on the issues of some real estate companies.Those are all state-owned real estate companies in Shanghai. If they go bankrupt, the impact will be too great.

This is the attitude of negotiating things, Zhou Dongfei and sister Mei will certainly not lose face.However, the banking industry's strong capital leverage ability has been fully demonstrated this time.

Sister Mei couldn't help but sigh with emotion: No wonder even middle school textbooks said that financial oligarchs are the most powerful oligarchs; no wonder the first head of the Rothschild family said that as long as he controls a country's currency issuance, he can override above the laws of that country.All economic activities revolve around the word "money".As an industry that directly "plays with money", the influence of the financial industry is indeed huge.The leverage it can play can magnify the capital energy that you can control by ten times or dozens of times!

In particular, Zhou Dongfei chose the right timing this time, just in the delicate period before the real estate company is about to collapse, so the energy he can burst out is even stronger.

Through official channels, no harm can be done to Xinyi Group.As a result, there are a few short-sighted and self-righteous things, trying to attack Xinyi through other means.And in doing so, they are destined to be even more tragic.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like