Rebirth 1983: Starting from taking back the family property.

Chapter 579 Large Properties for Sale
She plans to sell more than 150 luxury houses in two buildings of Tregunter Towers, 120 high-end apartments in Sham Shui Po, and 160 high-end residences in Causeway Bay.

General Manager Chen Ming was shocked: "Boss, Diligenda Tower is a high-quality property. If you sell it, you can't buy it back."

The apartments in Sham Shui Po and Causeway Bay can be sold, and you can buy another one with better location and supporting facilities. However, the tenants of the luxury houses in Tregunter Tower are all of status, the rent is also high, and most importantly, it has appreciated a lot in half a year. The real estate in Hong Kong is hot now, and the price of Tregunter Tower must have been rising. It would be a big loss to sell it now.

Lu Jiaxin said, "I have a big project, but I don't have enough funds at the moment, so I need to recover some of the funds. I will sell the two buildings in Diligende Pavilion, but not the land, and build the third building in the future."

Xinxin Real Estate was Lu Jiaxin's private property, so if she wanted to sell it, she could just say one word. Chen Ming analyzed the pros and cons for her and fulfilled his obligations. Seeing that she insisted, he no longer objected.

The next day, Xinxin Real Estate announced that it would sell its high-end apartment buildings in Tresgunda, Sham Shui Po and Causeway Bay.

People in Hong Kong like to speculate on everything. Now that the real estate market is hot, many people are speculating on properties. Seven out of ten people who buy properties are speculators. This is not an exaggeration in Hong Kong. Upon hearing that Xinxin Real Estate has released so many high-quality properties, an agent immediately ran over and ordered ten units. It must be that he only had so much money, otherwise he would have wanted to order more.

Those who got the news rushed to Xinxin Real Estate. For a while, the reception hall of Xinxin Real Estate was crowded, and many people were still unwilling to leave at the end of the working day.

At the same time, several stockbrokers, including Sun Shuangcheng and Wu Ziyue, received a notice from Jiang Wen, asking them to sell all the stocks under Lu Jiaxin's name.

Wu Ziyue thought of Lu Jiaxin's previous trading and asked, "The stock market is doing well now, why are you selling all the stocks? Did Miss Lu get any news?"

Jiang Wen smiled and said, "The boss and Mr. Su are planning to invest in a big project, but they don't have enough funds."

Wu Ziyue thought this was an excuse. Thinking about what Lu Jiaxin did two years ago, he sold all the stocks he and his family had bought, and at the same time, he sold some of their stocks after communicating with several big customers.

Such a big move by Xinxin Real Estate naturally attracted the attention of many people.

Zong Shimeng called directly and asked, "Jia Xin, Diligende Mansion is such a high-quality property, why did you suddenly sell it?"

Lu Jiaxin replied with the reason she had given before: "Nie Zhan is optimistic about a big project, but he doesn't have enough money, so he can only sell some of the properties to recover the funds. The building will not be sold, so he can only sell the Diligende Pavilion. Alas, I can't bear to part with it either."

Zong Shimeng said: "Then leave one set for me."

Lu Jiaxin agreed immediately, and then asked: "Sister Shimeng, I remember your due date is next month, am I right?"

I have been so busy lately that I forgot that Zong Shimeng is about to give birth. Friends and relatives need to give gifts to the newborn baby. The child is about to be born, and she has to prepare gifts. She doesn't need to think about it, just go to her own company to make a set of gold jewelry with the snake zodiac.

Zong Shimeng smiled and said that she remembered correctly, and then said meaningfully: "The due date is May 5.26, but it's hard to say, some children are born earlier and some are born later. Jiaxin, children are very cute, you will know when you become a mother yourself." This euphemistic way of urging marriage is also ridiculous. Lu Jiaxin said: "Sister Shimeng, I'm not even engaged yet, it's too early to have a baby!"

The date of the engagement has been set, September 18th of the lunar calendar. Lu Jiaxin has not informed the Lu family yet, and is preparing to bring Lu Hongjun and Lu Shan over before the engagement. In fact, what she wants most is to let Lu Jiaguang come, but he is a public official, and he can't come in the current situation. As for the others, coming would only make people laugh, and it might also increase their greed.

"Time flies, you think it's still early, but it's already here in the blink of an eye." Zong Shimeng said. Sometimes when she thinks back to the past, she feels like she has just started dating her husband, and how come the fourth baby is about to come out.

The two chatted for a while, and Lu Jiaxin hung up because she had something to do. After hanging up the phone, a smile appeared on her face. Sister Shi Meng spoke briskly, which showed that she had adjusted well. Yes, being able to live safely under the eyes of her mother-in-law and great-grandmother for so many years is not to be underestimated.

A week later, Wansheng Real Estate's new building was launched. People who were well-informed felt something was wrong. Lu Jiaxin had sold so many buildings, and now he launched his new building ahead of schedule. Even if there was a lack of funds, Lu Jiaxin had recovered more than 2 billion yuan in funds, so there was no need for Nie Zhan to launch the new building a month in advance.

Nie Jingwen called Nie Zhan and asked, "Third brother, why did you suddenly open the market a month earlier? Did you get some bad news?"

Although they are brothers, Nie Zhan has no intention of telling him the real reason. Lu Jiaxin told Su Heyuan the truth because she trusted him, but Nie Zhan did not believe his elder brother.

Nie Zhan said, "Brother, the current real estate situation is very similar to that before the stock market crash last year. Everyone rushed to buy houses like crazy. I am worried that the real estate market will fluctuate like the previous times, so I opened the market early and used the funds to pay off part of the bank debt."

Last time, he didn't listen to Nie Zhan's advice and suffered heavy losses. This time, Nie Jingwen had to take it seriously: "Do you think the property market will collapse?"

Nie Zhan had a premonition about the last stock market crash, but he was not sure when it would happen. However, this time he was completely forced into it by Lu Jiaxin.

Nie Zhan didn't want to give him wrong information, lest he be blamed for the loss: "Brother, you are also studying economics, you should know that nothing is immutable. The stock market will fluctuate, and so will the property market."

"I do this just in case. The company's debt ratio is too high. If there is a slight shock, the bank will come to collect the debt."

Before the stock market crash last year, he reduced the debt ratio to 72%. However, after the stock market crash, he hoarded too much land, and now the debt ratio has reached 68%. Before the stock market crash last year, the debt ratio of % made many senior executives very worried, and many people outside the company were pessimistic, but now everyone thinks that Xinxin Real Estate can hold the bottom and there is no need to worry at all.

Nie Jingwen understood. Nie Zhan felt that the property market would fluctuate, but he thought the amplitude would not be large or would only be short-term: "I understand. Ah Zhan, thank you!"

After hanging up the phone, Nie Zhan called his stockbroker and asked him to sell all the stocks under his name. If Jia Xin's prediction was inaccurate, he could just buy them back later, and the loss would not be too big; if her prediction was correct, he would lose a lot if he didn't sell the stocks.

As for the company's shares, Nie Zhan had no intention of selling them. Firstly, there was no need to sell them as they accounted for a small proportion; secondly, if the company's shares were also sold, it would lead to greater speculation.

(End of this chapter)