Chapter 937: Ding Hai Effect
By introducing Hu Yaoqing to Liu, Song Chaoyuan was on the one hand helping Liu, and on the other hand also considering the current situation of Qiongdao.
The real estate industry in Qiongdao Island has become a little crazy now. Just like in the past life, with the rise of the real estate fever in Qiongdao Island, countless people who are looking for opportunities to get rich overnight have come here one after another, further causing the whole of Qiongdao Island to fall into the frenzy of "land speculation".
When Song Yuanchao suggested to Hu Yaoqing to go to Qiongdao, there were not many real estate companies in Qiongdao. But now there are more than 10,000 real estate companies in the whole Qiongdao, and this number is still rising. New real estate companies settle in Qiongdao almost every day.
This is a very scary number. You should know that the entire Qiongdao has only 6.55 million people. What does the emergence of such a large-scale real estate company in Qiongdao mean? To use a simple example, it is like the stock market crash not long ago.
In the beginning, after the stock markets in Shanghai and Pengcheng opened, everyone took a wait-and-see attitude towards the stock market, because no one was sure what the stock was, how to play it, and how to make money.
Later, the first person to try it out appeared and made money in the stock market. Coupled with the media coverage of "Yang Baiwan", everyone began to focus on the stock market and began to tentatively "test the waters", hoping that they could become the next Yang Baiwan.
The results of the trial were obvious. As more and more people made money, everyone became very interested in the stock market, as if they had discovered a gold mine.
In this way, the number of people entering the stock market increased from a handful to an increasing number, and finally even the aunt selling tea eggs at the entrance of the stock exchange and the grandfather wearing a red armband watching bicycles could talk about terms such as trading volume, turnover rate, and big positive line. It seemed that everyone had become a stock market expert overnight, and everyone was like a stock god possessed.
The stock market entered a frenzy, and with this frenzy, stock prices continued to rise. Every day when the stock market opened, everyone stared at the price of the stocks they bought. When they found that today's price had risen by a few cents compared to yesterday, and when they calculated the number of stocks they bought and realized that they had already received money for a day's vegetables, some ordinary grandpas and aunts who did not even have a junior high school education suddenly became extremely excited and treated the hall of the stock exchange as their home. They brought their own small stools and sat in a circle, picking vegetables while discussing with each other how much the stock price could rise at the closing today, how much it could rise tomorrow, and so on.
These people who were carried away by the market never thought that stocks would not only rise but also fall. Perhaps they all had a fluke in their hearts. Although they knew this truth, they subconsciously told themselves that they would sell the stocks in their hands when the stock price rose a little more, so as to make money before the stock price fell.
Just like passing the parcel, maybe you won’t be the last one to take over. It is this fluke mentality that makes many people think that they will be the “lucky ones” who can make money in the end, but they never think that when the avalanche comes, it will be too late to run.
In 1994, there was a very famous movie called "Stock Madness". This movie was filmed with the Shanghai stock market as the background. The male and female actors were Pan Hong, a famous local actress in Shanghai, and Liu Qingyun, who played Fang Zhanbo in "The Greed of Man".
Speaking of which, Song Chaoyuan missed this movie a little. He gave Luo Yang an idea some time ago and told him about the plot of this movie. Luo Yang was very interested and planned to find someone to write the script and then shoot it himself.
Song Chaoyuan is looking forward to the reappearance of this movie. Perhaps this movie will be made earlier than in history, and perhaps it will be better than in history.
Let's get back to the real world. Not long ago, the stock markets in both places suddenly plummeted. On the first day of the plunge, the stock market dropped by hundreds of points. The Shanghai Stock Index turned directly down from 1,429 points. The drop was thrilling and astonishing.
As the market was falling, everyone was hoping for the best. Just like the recently released movie “Big Times”, Ding Hai looked at the plummeting stocks and muttered to himself: “Don’t be afraid! It’s a technical adjustment… Don’t be afraid…”
But the cruel reality tells people that the so-called technical adjustment does not exist at all. The plunge is just the beginning. The ruthless stock market has finally revealed its sharp claws, causing the wealth of many people to vanish overnight and causing most of the first batch of trendsetters in the stock market to be beaten to death on the beach.
The real estate bubble and stock market in Qiongdao are extremely similar. Although the two are fundamentally different, their beginning, rise and then bursting of the bubble are essentially the same.
Just like now, the real estate industry in Qiongdao has deviated from its original essence and turned into a game of money.
In just two years, housing prices in Qiongdao have increased more than four times. Now the price per square meter in Qiongdao has reached nearly 6,000 yuan, which is a sky-high price in this era.
But even so, there is still an endless stream of real estate companies keen on speculating in land. Often a piece of land only has a design plan, and it can be resold at a higher price without even a single pile being driven. The person who takes over the land will then find the next buyer to continue selling it at a higher price.
It was passed back and forth, and at most a piece of land changed hands 16 times. Such an operation is simply unimaginable.
To give another example, when Hu Yaoqing was conquering Qiongdao, the so-called "Six Gentlemen" also came to Qiongdao to test the waters. When they arrived at Qiongdao, they had only 30,000 yuan in their pockets, but with this 30,000 yuan, they used their eloquence to exaggerate the funds into 13 million yuan, and successfully attracted 5 million yuan in cooperation funds.
Then, based on the 5 million yuan, he borrowed 13 million yuan from the bank and bought a villa. When he got the villa, he simply raised the price and sold it. In a blink of an eye, he made a profit of 6 million yuan.
6 million yuan, each of the six gentlemen got a share, and 1 million yuan was in their hands. This money was earned too easily. Moreover, they were very smart and clear-headed. After making the money, they did not stay in Qiongdao but evacuated decisively, successfully performing a good show of victory and escape.
Then, with the money, they went to the north and started real estate projects in other parts of the mainland. They eventually succeeded and became billionaires in the future.
Compared with the six gentlemen, Hu Yaoqing's profit is even greater. You should know that Hu Yaoqing's financial resources and background are far from the six gentlemen. Although Song Yuanchao doesn't know how much money Hu Yaoqing has made now, and he has never asked, judging from the projects he has and the land he has not sold, Hu Yaoqing's wealth is definitely not an ordinary number.
If this continues, Hu Yaoqing might fail on Qiong Island. Although Song Yuanchao thinks Hu Yaoqing is well-informed and the possibility of failure is not great, after all, he has a big plate now. Once he really fails on Qiong Island, he might blame Song Yuanchao. In this case, everyone will become enemies from friends, which is a result that Song Yuanchao does not want to see.
In addition, it was because of Shao Heping that letting Hu Yaoqing leave Qiongdao early was not only a favor, but also gave Shao Heping a certain amount of buffer time to adjust.
Song Yuanchao didn't want Shao Heping to be involved too much in this storm. Although Shao Heping listened to Song Chaoyuan's advice and took advantage of the real estate boom in Qiongdao to improve the infrastructure and tertiary industry configuration in Lucheng, there were some general directions that he couldn't change. But in this case, it was not easy for Shao Heping to achieve the current level.
Liu Cixin is planning to enter the mainland real estate market. Regardless of the reasons why Liu Cixin did this, judging from the development of the mainland real estate market alone, this move by Liu Cixin is a very accurate one.
By next year, the real estate bubble in Qiongdao will burst, but the real estate market in the mainland will gradually mature. For a long time to come, the real estate market in the mainland will have a very good development stage, which will last until around 1998. Due to the impact of the financial crisis and policy adjustments, the real estate market will have a few years of adjustment, and after 2003, there will be a new scene.
The reason why Shenghua Real Estate, which was supported by the Song Dynasty, was established was mainly due to this factor. In addition, with the current opportunity of the opening of Jiangdong, it began to make arrangements in this regard.
But then again, although Song Chaoyuan invests in real estate, he is different from Liu. Liu's company has now shifted its focus to the real estate industry, and he has completely abandoned the previous manufacturing industry.
The foundation of Shenghua, which was funded by Song Chaoyuan, is not real estate. Real estate is only a supplement to Shenghua's business. Shenghua's core business is in fast-moving consumer goods, telecommunications, electronics and high-tech industries including computers. In addition to the paging business, Shenghua has begun to develop mobile phone technology, commonly known as mobile phone technology.
The pager business is still relatively stable in the domestic market, and more and more people are beginning to accept pagers. However, Song Chaoyuan is very clear that pagers are just a transitional product, and this product will only last for a few years at best. In the near future, pagers will gradually be replaced by more advanced mobile phones and gradually lose the market.
In fact, mobile phones are now in use, especially in cities such as Hong Kong, Shanghai, Yanjing, Yangcheng, and Pengcheng. People holding mobile phones have become the envy of many people.
He wears a Mondejiao top, suit pants, a pair of old-fashioned shoes, a Goldlion belt, a Chinese phone in his waist, and a mobile phone in his hand... Such people are called "big customers".
Even Song Yuanchao and his friends have a Motorola mobile phone, but this thing is really not that good. It is so heavy that it can crack walnuts. The most important thing is that the signal is often poor when making calls, and the battery life is very short. It is almost useless in your hand except for showing off. If it is not necessary for work sometimes, Song Chaoyuan will never take it with him when he goes out.
