It is said that the losses have reached nearly 10 billion (financial product investment).

"Director Li Yunlian, go negotiate with them and try to get a better price!"

"Try your best. Now it's important to have money. If you have goods, you should rush to sell them."

Everyone sighed. What they said was absolutely correct. There were many people who sold their properties at half price.

.......

Chinese Land and Hysan Land quickly reached a sale and purchase agreement: Hysan Land sold the Entertainment Building to Chinese Land for HK$2.08 billion.

For a time, it became a "classic battle" for Chinese real estate buyers - between one sale and one purchase, a huge profit of HK$1.88 billion was made; and Hysan Real Estate also became a joke in the eyes of the public, because in one and a half years, because of a

The building suffered a loss of HK$1.88 billion.

Of course, many people have noticed that New Era Group has been bargain hunting, and everyone has speculated that from Lin Zuhui's perspective, might it be that Xiangjiang Property has reached a low point?

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Some bold people with a lot of spare money are thinking about whether to buy the bottom.

However, I am afraid more people dare to think about it. After all, is this the real bottom? How long will this low last?

All kinds of doubts are enough to make most people hesitate to move forward.

What's more, international speculators are still attacking Xiangjiang's finance, and the stock market has begun to plummet, causing panic in the whole of Xiangjiang.

New Era Group.

Liang Zhenxun, the chief financial officer, came to Lin Zuhui's office.

"Boss, if you allocate 20 billion Hong Kong dollars to acquire potential rent-collecting properties in Xiangjiang; coupled with this year's budget of Times Shipping, the large expenditures of Langham Hotel Group and Amazon Shopping Center, I predict that the cash flow of New Era Group will be

There will be less than 10 billion left at the end of the year.”

The boss makes money well, but spends money even more, Liang Zhenxun thought.

15 billion to repay debts, 13.5 billion to Canary Wharf Group, 15 billion to acquire shipping companies and terminals, 15 billion to order/purchase ships (paid in batches), 20 billion to collect rental properties at bargain prices, there are so many large expenses, and others

Not to mention the expenses.

The company also has two major projects under construction: the International Financial Center and the Cyberport. Importantly, other real estate companies are selling properties at reduced prices, while New Era Group directly freezes the properties and begins to cover up (originally selling 6,000 units per year).

For residential and above, the target this year is only 3,000).

Lin Zuhui said with satisfaction: "I have spent all my money at the end of the year, but I am still worried about not being able to spend it!"

Liang Zhenxun reacted immediately and said: "What does the boss mean, is he going to sell some overseas stocks?"

Lin Zuhui nodded and said: "In April, Citigroup and Travelers merged. How will the stock price rise?"

Liang Zhenxun said: "It's very good. The market value of the Citigroup stocks we hold has exceeded US$2.5 billion!"

Lin Zuhui said with satisfaction: "At the end of the year, this stock can gradually start to be sold; in addition, the British bank stocks can also be sold at the end of the year. These stocks alone can cash out more than 40 billion Hong Kong dollars. Next year we will

You can still make big purchases.”

He calculated that between December 1998 and March 2000, about 150 billion in cash could be cashed out, including all overseas securities investments.

Coupled with the sale of Europe's 2G telecommunications business next year, it can theoretically obtain HK$80 billion.

However, Juji Company is a 2G business. If it is sold, the funds can be used to invest in 3G licenses and continue to enter the telecommunications industry.

"Okay, I know!"
Chapter completed!