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2123 [The debtor is the uncle]

Hong Kong, HSBC.

The HSBC rich people gathered together, all of whom were heavy in their faces.

Especially the HSBC senior team Pu Weishi's face was as dark as water, as dark as the bottom of a pot.

"Have you been able to recover your funds yet?" He looked at Li Zhaoji, Zheng Yutong, Guo Desheng and others and said.

"We have already received a 20% discount, but we still can't sell it, and we have no choice." Guo Desheng, Kessek, Shi Huaiya and others shook their heads and said.

"Then get a 30% discount!" Pu Weishi said immediately, "You can't hesitate anymore. The faster you take action, the better! The collapse of the Fusang real estate market is a big deal. As long as it will not stop at the beginning, it will at least fall by more than half."

"We know this truth, but others also know it." Guo Desheng and others said with a wry smile.

They also knew that once the Fusang real estate market collapsed, it would be like the water of the Yellow River coming from the sky and flowing to the sea and never returning. So when they were selling the property, they were 20% off compared to the market price that had fallen, hoping to take action quickly so as to recover funds as soon as possible.

But this is how real estate transactions are. The more the price increases, the more people buy it; the more they fall, the less they buy it. Especially when they invest in large properties such as office buildings, hotels, shops, apartments, etc., the transaction prices are often 30 to 50 billion yen. In this situation where the market is rapidly recession and everyone withdraws one after another, it is even more difficult to find a buyer to take over.

"I don't care. In short, you have to get back the funds as soon as possible, otherwise I will apply for a liquidation order." Pu Weishi said sternly.

When Guo Desheng and others heard this, their faces froze.

Once a liquidation order is applied for, all the company's assets will be sold and cashed out to repay the loan, and then the company will be disbanded according to the legal process. In that way, his Xinhong Base Real Estate will be completed and half of his life will be turned into flowing water.

"Mr. Pu Weishi, you can't do that. The reason we went to Fusang to invest in real estate was also your suggestion. Now that something has happened, you can't let go and you won't bear any responsibility!" Guo Desheng and others said aggrievedly.

"If I really don't care about you, I will not give you time to recover funds, but directly apply for a forced liquidation order!" Pu Weishi couldn't help but say in annoyance when he saw them saying this, "Don't blame me now, but you should also ask yourself. When investing, why can Mr. Li Jiacheng, Mr. Bao Yugang, and Mr. Jia Daoli get out of here? But you are in a relationship, which leads to a loss of billions of Hong Kong dollars in the end!"

After hearing what he said, Guo Desheng, Kessek, Shi Huaiya and others all showed regretful expressions on their faces.

...

In fact, they all know that the Fuso real estate market will collapse one day because its bubble is too serious. The total real estate value of Tokyo can buy the entire United States. It is simply bragging about it. It would be strange if it doesn’t explode. But no one expected that it would explode so quickly and so unexpectedly!

At the beginning of this year, the Fusang stock market showed a turning point, from rising to falling. However, at the beginning, it did not arouse many people's alertness. Everyone thought that this was just a normal market adjustment and would rise again in a few days.

But I never expected that the Fusang stock market fell all the way and did not look back. So far, it has fallen by nearly 30%. The trillion-dollar wealth has evaporated out of thin air, making people feel a little painful.

As the stock market fell, the Fusang real estate market was still rising steadily. Because many investors transferred stock market funds into the real estate market, further stimulated the rise of the real estate market. So when Guo Desheng, Kessek, Shi Huaiya and others saw this, they did not rush to withdraw.

Unexpectedly, in March, Fusang Dazang Province suddenly issued the regulations on the "Regulations on Controlling Land-Related Financing" to control the total amount of land finance, that is, financing and financing activities for the purpose of restricting land management, such as loans, investments, mortgages, transactions, etc.

The promulgation of this regulation is no less than a sudden brake for the Fusang real estate market. Since then, the Fusang real estate market has also declined from prosperity and started a journey of decline.

In addition, Fusang Bank also announced that it would tighten monetary policy, restrict loans, and raise loan interest rates, which made the real estate market in Fusang accelerated its decline.

Before Guo Desheng, Kessek, Jia Daoli and others could react, the Fusang real estate market had fallen by 10%. Their investment scale was very large. Although it started with only 10 billion Hong Kong dollars, after multiple rounds of mortgage loans, the scale had reached tens of billion Hong Kong dollars.

Once they fall, they immediately lose money. Not only did they lose money before, but they now have billions of Hong Kong dollars in debt. For example, Guo Desheng owes about 2 billion Hong Kong dollars, Jia Daoli, and Kessek owes about 1.5 billion Hong Kong dollars.

Such a large amount of money is a huge sum of money for them, and it is not so easy to pay it back. What's more troublesome is that if they cannot cash out and stop the loss in time, their losses will continue to expand. At that time, I'm afraid that all their wealth will not be enough to fill in.

...

However, in comparison, they are all lucky, only losing 100 million Hong Kong dollars. Like Zheng Yutong and Li Zhaoji have invested more than 200 million Hong Kong dollars in the real estate market, they have now lost more than 20 billion Hong Kong dollars, which is completely beyond their ability to pay.

Now the two of them are actually bankrupt, but because they owe too much debt, the bank dares not do anything to them. Because their personal property is only about 8 billion Hong Kong dollars, this amount of money is not enough to repay the bank loan. The operation of the companies under the two of them is pretty good, so the bank can only negotiate with them to let them continue to run the company and then use profits to repay the loan. Although the repayment time will be extended, it is better than the bad debt of tens of billions of Hong Kong dollars.

In order to allow them to run the company well and make money with their heart, the bank in turn asks them to help them. It turns out that the grandson is the one who wants money, and the one who owes debt is the old man.

Just like now, Pu Weishi dares to threaten Guo Desheng, Kessek, Jia Daoli and others, saying that they want to apply for a liquidation order and sell their company's assets, but they dare not threaten Zheng Yutong and Li Zhaoji.

This is also a very helpless thing.

...

"Mr. Pu Weishi, please calm down! We all know that you must be in a bad mood this time, but in my opinion, things are not as serious as you think.

HSBC holds the right to print money in Hong Kong, which plays the role of the central bank in Hong Kong. Even if there are so many bad debts, it will not shake its roots. Even if something happens to it, the Hong Kong government will take action to rescue it. Because HSBC is too big, it is impossible to do so." Zheng Yutong smiled slightly and said, "What's more, we don't have any bargaining chips in our hands. We invest so many oil wells in the Middle East. Once international oil prices rise, we can make a lot of money. At that time, we will make a fortune in Fusang, and we will make a profit if we make a profit in the Middle East."

"How do you know that international oil prices will rise?" Pu Weishi curled his lips when he heard this.

International oil prices have been hovering at low levels since 85 years, and when they were the cheapest, they were only about ten dollars per barrel. Moreover, the OPEC is still increasing production, especially Saudi Arabia, which used to export 2 million barrels per day, but now exports more than nine million barrels per day. In this case, there is no hope of rising international oil prices.

"This..." Zheng Yutong was speechless when asked at the moment. To be honest, he didn't know when international oil prices would rise. If you know, he had long been making a lot of money in oil futures.

"Xia Tian has invested there. I think with his intelligence and wisdom, he shouldn't be able to do business at a loss." He then thought of a self-confidence and said.

"I also invested in real estate in Tokyo in summer, but now Tokyo Real Estate has collapsed." When Pu Weishi heard this, he curled his lips, "By the way, how much money has he lost this time?"

"He doesn't seem to have lost much," Li Zhaoji shook his head depressedly, "He has already started selling the property in his hands since the second half of last year. Although he yelled to acquire new buildings, the buildings were still stolen by us in the end.

Think about it now, the reason why he shouted so much at the beginning was that he was deliberately doing a show and inciting us to rush to buy it with him. As a result, we bought the house at a high price. Now that the Tokyo real estate market collapsed, we bought the house at a high price and lost all our money."

When everyone heard him say this, they were stunned. Then they thought about it and it was really the case. He was the first to go to Fusang to speculate in real estate, and he was the first to withdraw from Tokyo Real Estate. They were foolishly learning from him to invest, but most of them were cheated by him. Thinking about it, it was so cowardly!

"Will he invest in Middle East oil wells this time be a conspiracy? Is he still buying oil wells? Do you have any intention of quitting?" After understanding this, everyone asked.

"No, no, as far as I know, Tianxia Energy is still purchasing oil wells in the Middle East, and its business is very large, unlike the intention of withdrawing." Li Jiacheng waved his hand, "and he is also purchasing a large amount of resources in Canada, Mexico and other places."

"So, he is really optimistic about the future energy market." Pu Weishi nodded after hearing this, "The oil well we acquired in the Middle East may really become a treasure pot in the future."

"Yes, that's what I mean." Zheng Yutong nodded immediately and said, "Xia Tian was very deceitful and led us to invest in Fusang Real Estate, which ended up making us suffer. But it is undeniable that his investment vision is really accurate.

This time he spent so much money on the Middle East. If he just wanted to cheat us, he wouldn't have to pay that much cost. I think he thought international oil prices would definitely rise, so he placed a heavy bet. Mr. Pu Weishi, I would like to ask you not to worry first, and wait patiently."

"I can give you some more time, but the premise is that this matter will not be leaked. Otherwise, when people know that we have a bad debt of 30 billion Hong Kong dollars, they must tear us!" Pu Weishi nodded.
Chapter completed!
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