Chen Cheng was in Huatian in the morning and saw Chuangxing Technology's stock price rise against the trend due to a large amount of funds coming in. After Chuangxing Technology closed, he was still very worried about the major positive news of the issuance of new shares raised to expand production. However, he did not expect that Chuangxing Technology's new stock issuance this time was completely dominated by Chen Li.

Although Chen Cheng did not study finance and securities and had not had much contact with other private equity funds, he has been influenced by Huatian in the past two years and also knew that many listed companies have issued new stocks and asset restructuring, which have stimulated stock prices to soar. In fact, there are real capital players operating online and offline simultaneously.

Many capital players, even major shareholders and actual controllers of listed companies, participate in the issuance of new shares of listed companies and participate in asset restructuring, while on the other hand, secretly absorb a large amount of chips from the secondary market.

Although institutional investors or individuals directly participate in the additional issuance will have a lock-up period of up to twelve months, and the actual controller of listed companies will participate in the additional issuance will have a lock-up period of up to three years. As the controlling shareholder, Xinchaorui Real Estate, as the controlling shareholder, needs to be reduced until the end of 2009 and mid-2010 respectively. The lock-up period is different from other small and medium-sized stocks. However, the chips they absorbed from the secondary market in advance, stimulated by good news, and the share price surged, and the income was already huge profits.

Due to the long-term formation of this arbitrage model in the securities market, retail investors of all sizes will also have strong psychological expectations for such asset restructuring and new stock issuance.

This is also the key reason why some funds that knew the news in advance would rush to enter the market before Chuangxing Technology officially released the announcement.

However, after the additional issuance of Chuangxing Technology's new stocks is implemented, these funds find that there is no truly powerful capital player who will leave disappointed when manipulating the stock price behind the scenes, and then it will put additional suppression on the stock price.

In other words, whether Huatian is alive or dead has to survive for two or three months. Only after judging from the overall situation of the securities market at that time can we have a final conclusion. And more importantly, Huatian only has 20 to 30 million yuan in his hands, so it is still a matter of whether he can survive for three months.

At this time, Chen Cheng secretly thanked that he gritted his teeth and persevered, and did not retreat in the end, otherwise he would not have the face to sit in front of Chen Li now.

At this time, the doorbell rang, and the nanny ran over to open the yard door, and saw that Zhao Yang and Cao Lin parked the car in the alley outside the yard. The two of them came over with several documents.

Seeing Cao Lin and Zhao Yang being with him, Chen Cheng was quite surprised. At first glance, he thought Cao Lin had already joined the job here, but when he met yesterday, he had never heard Cao Lin talk about this.

Seeing that Chen Cheng was also on Chen Li's side at this time, Cao Lin touched his nose awkwardly.

Cao Lin left Huatian more simply. Although the resignation procedures were officially completed yesterday, he actually has not appeared in Huatian since the showdown.

He left Huatian, Chen Li, and Zhou Bin rarely stayed in Qingquan, and even if he was there, he couldn't get along. But as long as Zhao Yang didn't drive him away, he would go to Zhao Yang every day to report - anyway, he remembered Chen Li said that if there was anything, he could contact Zhao Yang at any time.

Therefore, in the past half a month, Cao Lin was so silly, with neither good reputation nor good words to attack Zhao Yang.

"The commercial bank has driven out the report you want." Zhao Yang handed a document to Chen Li.

Chen Li threw a box of cigarettes on the coffee table and asked Zhao Yang and Cao Lin to take the cigarettes by himself. He took the materials and sat on the sofa and looked at it.

Chen Li mainly looked at the data he was concerned about. After reading it, he frowned slightly, threw the materials on the coffee table, picked up the landline on the corner table, and pulled out the phone:

"Brother Haoran, I, Chen Li, the investigation data from the commercial bank has come out, and the situation is even more serious than I expected before. Are you at home at this time, and Zhao Yang and I will show you the report? Ah, Uncle Luo is also in Qingquan today, so why don't you tell me, OK, OK, I'll wait for you to come at home."

"Luo Rongmin is in Qingquan, are you going to come to our house later?" Chen Bing had just returned from the company and was talking to his second uncle and his father in the living room. Listening to the tone of Chen Li talking to Zhang Haoran, it seemed that Luo Rongmin would come directly in a while.

"Yes, I went to Qingquan to participate in a research activity. I was going to leave in the afternoon, but I was delayed for a while. I was about to go back to Shangdu. I didn't expect that they were in Qingquan, so I didn't call me when I came back." Chen Li said.

Chen Cheng now knows that his uncle's family has a close relationship with Luo Rongmin, the Executive Vice Governor, but he didn't expect that the person would run over to talk to Chen Li about the matter in the middle of the night. He suddenly became a little restless. He wondered if he wanted to say goodbye to his father at this time, so he would not prevent Chen Li and the others from talking about the serious matters.

Chen Li didn't say that he would let his second uncle Chen Biao and Chen Cheng leave first. He sat back on the sofa and took the market survey conducted by Qingquan City Commercial Bank and third-party institutions on the Qingquan City private lending market and carefully read it from beginning to end.

In the market research report, there are the latest detailed data summarized by Qilin Town, Chengjiao, Qingquan City, which shows that more than 73% of individuals and 52% of enterprises in this township participate in private fundraising loans...

According to the sampling survey data of other townships and neighborhoods, the participation of individuals and enterprises in the main urban area of ​​Qingquan and the municipal counties below is almost consistent with this data. Moreover, the overall scale of private fundraising loans in Qingquan is higher than he had expected before, about 80 billion yuan, with private lending interest at 16%, while the interest on intermediary lending generally exceeds 30%.

After a while, when he heard the sound of a car shutting off in the alley, Chen Li, his brother Chen Bing, his father Chen Tong and Zhao Yang opened the courtyard gate and saw Luo Rongmin getting out of the car accompanied by Zhang Haoran and Zhao Shunnian.

It is not a top secret that cannot be removed, so after a while in the yard, Chen Li directly invited Luo Rongmin, Zhang Haoran and Zhao Shunian to sit down in the living room and showed Luo Rongmin the investigation report released by the commercial bank.

Luo Rongmin took the report and looked at it for a while. His body was deeply trapped in the sofa. The more he looked back, the tighter his brows became. Even Chen Cheng could see the severity of the situation from Luo Rongmin's reaction.

After a while, Luo Rongmin put the report on the coffee table and asked Zhang Haoran and Zhao Shunian to read it quickly and asked Chen Li: "I didn't expect the situation to be so serious. How long do you think the problem can be delayed before it can be truly punctured?"

"It is better to break it early than to break it late, and this problem can't be delayed for long. I'm worried that a group of development real estate developers will run away in the future." Chen Li said.

"Why do you say that?" Luo Rongmin asked.

"I just received the news that Nanhua Group has just passed a resolution to lower the price of Nanhua Garden City in Qingquan, and the range is very large, which will be a heavy blow to other developers in Qingquan." Chen Li said.

"How big are they?" Luo Rongmin asked.

"Nanhua Garden City apartments will be reduced to less than 5,000 per square meter in total, and there will be no limited supply." Chen Li said.

After hearing what Chen Li said, Cao Lin and Chen Cheng were listening, and cold sweat broke out in their backs.

In the first half of 2006, Nanhua Group spent more than 6 billion to acquire 1,200 acres of Nanhua Garden City on the west wing of Qingquan Xinrui City North District. It is one of the few super markets in Qingquan that can be slightly compared with Qingquan Xinrui City and Wanbang Jialong Riverside New City.

Nanhua Garden City is next to Qingquan Xinrui City. It can be said that it is a high-quality area in the Binjiang New Area, second only to Qingquan Xinrui City. Moreover, as a product developed by the top ten real estate listed companies in China, the quality is not as good as Qingquan Xinrui City. It was sold at the end of last year, with an opening price of 9,000. The sales are not very popular, but it is still good.

Nanhua Garden City directly adjusted the price of apartments to less than 5,000 yuan per square meter. How low does Wanbang Jialong Riverside New City have to reduce the price to be able to sell a house?

The construction of Binjiang New District was launched at the end of 2003. After nearly five years of highway construction, whether it is road traffic and other infrastructure, or public supporting facilities such as schools, hospitals, culture and entertainment, it is far from the Northwest Wing New City that was built two years later.

What's more, a series of key projects such as Qingquan University City, Qingquan City Administrative Office Concentration Zone, and Municipal Sports Plaza have been completed in Binjiang New District. In addition, the opening and operation of large-scale commercial supporting facilities such as Xinchaorui City Plaza Binjiang Store, and the focus of the integration and linkage between the two cities that Zhang Haoran and others have been committed to promoting in the past two years is completely on the connection between Binjiang New District and Shangdong New District. Even Chen Cheng can feel that the Binjiang New District has shown the vigorous vitality of a new city.

All of this is completely unavailable to the Northwest Wing New City.

When Wanbang Jialong invited borrowers to introduce the project situation, Cao Lin and Chen Cheng were also fortunate to attend several related meetings, and also knew that Wanbang Jialong had a clear understanding of these shortcomings.

They also clearly told the borrowers that the prices of apartments in Binjiang New District have reached 9,000 yuan, and the average price of new houses in the main urban area of ​​the city has exceeded 8,000 yuan per square meter. Wanbang Jialong Binjiang New City has a much worse condition in all aspects. However, Wanbang Jialong initially priced the first phase of Binjiang New City only 6,000 yuan per square meter. He hopes to quickly digest the funds for the new houses built in Phase I and put the pursuit of profits on Phase II and Phase III.

At that time, there was no risk in large-scale loans before Wanbang Jialong's New Year. In addition to the endorsement of three companies behind it, and the super market as big as Wanbang Jialong Binjiang New City will gradually make up for the subsequent supporting facilities. It is impossible for Binjiang New City to sell well if the apartment prices exceed 9,000, while the housing prices in the Northwest Region New District are so low but they are unsalable.

However, the situation after the New Year was completely different from what Cao Lin and Chen Cheng expected. At first, Qingquan Xinrui City launched a discount promotion. The discount range was just after the Spring Festival, and the apartments in the most core area of ​​Binjiang New District were reduced to below 8,000. In February and March, the discount range continued to increase the discount range and continued to drop the housing prices slightly. Even though most of Qingquan's real estate projects were lowered accordingly, even Wanbang Jialong directly lowered the opening price to 5,000 in early March for opening, Nanhua still maintained the apartments and residences in Nanhua Garden City at a high of 9,000 per square meter, without any intention of wavering. Who would have thought that Nanhua would be so cruel, and if it was not moved, it would be almost cut in half.

With the location and quality of Nanhua Garden City, housing prices have dropped below 5,000. What about other real estate projects?

Doesn’t it mean that all properties that have acquired land and developed in 2006 will either significantly lower the housing prices below the cost line for promotions, or do not think about getting back a penny of funds before the properties such as Nanhua Garden City are completely sold out!

Cao Lin has been sticking to Zhao Yang these days to take action because he has read this investigation report. Even if he has not read it, they have deeply participated in the private fundraising and lending in Qingquan City. They also know how large the scale of private loan funds flowing into real estate in 2005 and 2006 are, and they also know how fatal the Nanhua action will cause!

Real estate developers who have entered after almost 2006 will not have a second choice unless they have accumulated a particularly strong wealth before.

Qingquan private fundraising loans are finally going to explode this time!

Luo Rongmin held the materials and felt heavy in his hand. After a while, he said to Chen Li with emotion: "Qingquan is destined to be a disaster, but I didn't expect that he still couldn't escape - you have made great contributions to Qingquan's industrial development these days. Secretary Tian also mentioned many times that you want to find you for dinner, but you rarely stay in Qingquan and Shangdu. I will take this report to Secretary Tian, ​​Secretary Lin, and Governor Zheng tomorrow to see if you want to take measures. They have to decide. However, Qingquan will recover in the future, and you have to really spend some time!"

"Even if it's a bomb, it's better to explode early than a bomb," Chen Li said with a smile. "If Haoran finally takes on the heavy responsibility and is responsible for dealing with a series of legacy issues, I wouldn't be able to shrink my head."

"You are asking for an official position for Haoran!" Luo Rongmin smiled and said, "Okay, if you don't say it, I will recommend Haoran to the province to stand up and carry this burden - can Qingquan withstand the blow and recover quickly? This burden is actually not light. Even if the province chooses Haoran, it is also a hot air!"

"It's okay to let Meng Xuede come back to put out the fire." Chen Li smiled. He just suggested to Luo Rongmin, but who will replace Zhang Wei in the end? Sun Jianye will form a new team. The provincial party committee decided that Luo Rongmin had no say.

Only then did Chen Cheng understand that what Chen Li and Vice Governor Luo were discussing the next candidate for Qingquan Municipal Party Committee Secretary and mayor. He looked at Cao Lin, but he really didn't know what surprise Chen Li had not made them discover.

Luo Rongmin stood up and said goodbye. Chen Li sent him and Zhang Haoran, Zhao Shunnian and others out of the alley. However, he walked back with Zhao Yang and others and said to Zhao Yang and Cao Lin: "The bubble in the private fundraising and lending market has completely leaked, and large-scale funds will flow back to the banking system. Whether Qingquan City Commercial Bank can truly develop depends on whether it can seize this opportunity... Cao Lin, if you are willing, I can recommend you to go to Qingquan City Commercial Bank Business Department to be the deputy manager for two years first? The major you studied and the work you did in Huatian are more suitable for this position. What do you think?"
Chapter completed!