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Chapter 444: Crash

"Hai*nan is over!" Standing in front of the Hai*nan Development Bank, Wallace Chung sat on the steps like a boneless one.

Su Xing, who was running around with him, still had some hope and whispered: "How about we try to go to the city credit union?"

"The urban credit cooperatives where Lao Xu is in have been disposed of. All trust and investment companies we are familiar with have been closed down and rectified. Now they can't even have banks..."

"Then look for the bank in Tianjin." Su Xing said impatiently. Zhong Hannan, the cadres of Tianjin's office in Hainan, were sent to Hainan to make money for the government. In the 1993 Hainan Real Estate speculation, there were many such people. Because of this, the country's regulation was so easy to use. With one trick to remove the liquidity of Hainan Real Estate.

Wallace Chung just shook his head and said, "The banks in Tianjin have been warned a long time ago, and they dare not."

Su Xing sneered: "What's there to dare to do?"

Wallace Chung said with a mouthful, "Hainan Development Bank was closed. The system informed that you are afraid of the banks in Tianjin."

"When we lend them two cents of profit, they are not afraid!" Su Xing was bleeding. A monthly interest rate of two cents is 24% per year, which is nothing for the booming real estate company, but now thinking about it, it is an interest rate of tens of millions per year!

Not to mention 10 million, there are 100,000 yuan now, and Su Xing is satisfied.

Zhong Hannan has long lost his passion as before, so he could only shake his head and said, "2 points are the price of friendship. I heard that dozens of urban credit unions are going to be dealt with. If you have any other way, just get some cash and keep it for yourself."

"Can we withdraw money from our account in the bank?" Su Xing sat on the ground with a smile, full of bitterness.

"The bank will definitely not work, sell the car."

"Car?" Su Xingzhe jumped up and said loudly: "I've only been running for two months."

"You can still get some money if you sell it now. When the bank seals it, you will lose everything." Zhong Hannan let out a sigh, got up, and said, "Now, there is no cash available."

"Sell it, sell it." Su Xing turned his head and walked out, and arrived at the big wing on the roadside, with his eyes focused as if he was looking at his lover.

The Mercedes-Benz in 1993 is not only a magical tool for picking up girls, but also a magical tool for doing things. It has all the attributes of avoiding sluts.

Su Xing had driven his father's Mercedes-Benz e200 for a while. It was the first batch of Mercedes-Benz cars assembled in China. It was only assigned to ministerial officials. It was not easy for him to get it. The Mercedes-Benz I just bought was even more powerful. The luxury S series numbered w140 was also a rare good car abroad. If it weren't for the booming business in Hainan, Su Xing would never have dared to buy such a car.

Just to wait for the car, Su Xing waited for three months, which was a day and night.

Sell ​​it?

Su Xing sighed secretly and thought indignantly: Why should I do business? I just happened to encounter state regulation.

Why do banks tighten their monetary policy and have to collect my loan?

Zhong Hannan walked over slowly, coughed and said, "Let's go, go to the company to pack up something, sell what you can sell, and take advantage of someone taking over..."

"Maybe we can come back after a while. We have 5 real estate properties under our name, worth at least 600 million...50 million is certain." Su Xing interrupted Zhong Hannan's words.

Wallace Chung smiled bitterly: "For 500 million, who will buy it now?"

"Last month, we planned to sell it for 1 billion."

"No one buys it, it's just a piece of land."

"I'm so anxious. I'll build a building and sell it!"

"Who buys it?" Zhong Hannan himself is from Tianjin Bank. Because he understands finance, he was valued by the municipal party committee and sent to Hainan. Therefore, he clearly understood the collapse of the real estate he faced. This is no longer a question of how much land is worth, but a question of confidence. No one will pay for money to buy land that cannot be profitable.

Of course, being able to say such words is because he is paying for the country's money. Although he is depressed, weak, and regretful, he is still willing to face reality.

Su Xing is different. He not only compensated his own money but also had to bear a huge amount of bank interest. The bank interest in 1993 was higher than the usury interest in 2013. Even if there was inflation, the loan interest rate of more than 20% was still quite terrifying for those who could not pay the interest. Wallace Chung obviously could not make Su Xing happy.

He got into the car and closed the door heavily.

Wallace Chung shook his head and got into the car as well.

Su Xing's car was swaying. His mind was no longer on the road.

When he arrived at the rented office building, Su Xing braked and nailed his horse to the side of the road. This was the first time he treated it so roughly since he got the car.

Since you are about to sell it to someone else, you don’t have to cherish it.

Su Xing thought so and pushed the door and got out of the car.

As soon as the door was closed, a group of people rushed up.

"Boss Su, when will we give our project payment?" The leading contractor had a dark face and a worried face.

Su Xing glared and said, "Heiwu, your project payment will arrive at the end of the year, why are you anxious about?"

"Boss Su, the construction site has been shut down. If you give us the project payment, we can go home too." The contractor was blocking the road, but he just refused to let it go. The real estate bankruptcy, and the country suffered the most losses, while the workers were the most unlucky. The arrears of construction projects have always been traditional. Hainan's prosperity has made many contractors promise a payment time of one or two years. When the real estate collapsed, their losses were so great that it was simply unbearable.

Several people looked at Su Xing with a gaze, which made him panic.

Wallace Chung came down from behind, closed the door and shouted, "What are you doing? If you want money, you can wait until our account will arrive next month. Otherwise, don't want this money!"

Of course he is lying, which is also a common skill used by businessmen. By the next month, he will naturally change to a new statement.

The workers hesitated again and again.

It is better to have money next month than to lose hope completely.

The contractor Heiwu was even more nervous. If the other party didn't give the money, he would have to pay the workers himself. Some time ago, a contractor asked for money but didn't get it. Seeing that he couldn't return home, he jumped off the building with a heart.

The workers under Heiwu were almost all from the villagers. If he couldn't get the money back, he wouldn't dare to go home.

His lips trembled twice, and Hei Wu said carefully: "Boss, give me some, brothers, no money."

"I said it was next month, and I would give it to it next month, and I can't wait for it next month?" Zhong Hannan shouted again. If Su Xing still had a little hope for the land price report, he had no hope at all, so he was unwilling to give a penny of cash.

Several workers took care of Mercedes-Benz day and night until Su Xing raised enough money for them.

Su Xing and Zhong Hannan were exhausted.

In the end, the bank took away all the company's assets and did not even leave them the money for the return flight.

This is because Su Xing and Zhong Hannan have special identities. The bank regards the money they owe as bad debts. Some unlucky company representatives even went to court.

With the end of June, the weather in Hainan is becoming more and more difficult, and the prices of land and real estate have also plummeted. The so-called prices have actually lost their meaning, just the number of expectations of sellers.

At this time, no buyer is willing to enter the market.

Su Xing returned to Beijing as if he was fleeing.

The debt of more than 200 million yuan and the speculative process of ups and downs made him exhausted.

When he returned home and saw his mother Wang Limei, he breathed a sigh of relief and asked in a low voice: "Where is Dad?"

"I'm going to the sea." Wang Limei's expression was a little strange.

"Why did he run into the sea?" Su Xing said casually and prepared to go back to his room to rest. Recently, he has not even been sleeping soundly.

Passing by the living room, he habitually picked up a newspaper, opened it and then stopped.

The front page headline of China Youth Daily clearly reads: Industrial Revolution - a record of the struggle and success of China's private company Dahua Shipping Industry.

Su Xing really wanted to spit out an old mouthful of blood, so he fainted.

I can't faint, but I have to watch it seriously.

...
Chapter completed!
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