Chapter 397: Re-entering Real Estate
Everyone knows about Infinite Company's products, and foreigners are rushing to buy them. However, Chen Weidong still felt speechless that the products produced by the company's authorized domestic manufacturers could not compete with foreign products.
In fact, the quality of the products of those manufacturers authorized by them is also good, and they are not much different from those produced by Infinite Company itself.
Not only is the price cheap, but the after-sales service is in place, why are they still ranked behind foreign products?
"I can't say this..." The manager was a little embarrassed, and there were some things he couldn't say openly.
China has developed rapidly, and it can be said that it is changing rapidly with each passing day.
Moreover, this development is getting faster and faster under the influence of acceleration, but the mentality of the Chinese people cannot be changed in a short time.
People live in China and watch the country becoming stronger and the technological level advance by leaps and bounds every day. If they see too much, they lose their sense of it.
In the West, people in the West exclaim "Chinese threat" because of China's technological level and rapidly developing economy, but the Chinese people's thinking is still before reform.
Many people still believe that the price of domestic products is low and the quality is definitely not as good as foreign products. When there is no other way, in order to save money, it doesn’t matter to buy domestic products. However, when conditions permit, they still tend to buy foreign products and enjoy that kind of quality.
Solid psychological comfort.
Therefore, the biggest profit points of those manufacturers authorized by Infinite Company are not in China, but abroad.
Before joining the WTO, Chen Weidong discussed the importance of overseas markets with Liu Dongqiang of Jingxi Company and asked him to make arrangements in advance to export a large number of products overseas through Infinity Company's sales network and cross-border e-commerce platform.
They earn dollars and euros but spend money in RMB. This exchange rate difference makes them very happy.
Regarding the domestic market, the attitude of these manufacturers is that if you want to buy it, just buy it. If you don't buy it, forget it and don't take it to heart.
This forms a pattern of flowers blooming inside the wall and fragrance outside the wall.
The domestic market is still keen on imported goods, but the foreign market is excited about the high quality and low price of domestic products.
The manager hesitated again and again and explained to Chen Weidong the mentality of the Chinese people he had come into contact with.
If Infinite Company hadn't been so well-known and had always produced high-end, sophisticated products that had considerable influence abroad, perhaps even Infinite Company's products wouldn't have become the favorites of Chinese people.
This is why many companies like to switch from export to domestic sales.
It is easier to sell if it is covered with a layer of "imported" leather.
Chen Weidong sighed for a while, but also felt powerless.
The human heart is a strange thing. The more you force others to accept your point of view, the result will often be counterproductive.
The origin of Chinese people’s mentality is the result of centuries of accumulated weakness in modern times.
Three feet of ice cannot be frozen in one day.
If you want people to change this view, long-term propaganda is needed.
It's not about promoting how good your products are, but letting people know that there are domestic companies whose technology is leading the world and their quality is very reliable.
The road is long and long. This road is still very long...
After Chen Weidong returned to the company with the tour group, he handed the boxes of "melatonin" to the biology department for research. All the researchers also returned to their posts and devoted themselves to intense work.
At the same time, the Infinite Public Fund managed by Chen Jie finally started making big moves after being dormant for a long time.
They carefully analyzed the real estate industry and came to a surprising conclusion: In the first half of 2005, after experiencing rapid growth in the first quarter, the national real estate market experienced a brief correction under the influence of macroeconomic control.
However, starting from the second half of the year, demand in the real estate market still showed steady growth.
Anyone with a discerning eye can see that the so-called "control" does not play any role. It is just an antidote that treats the symptoms rather than the root cause.
If you want to stabilize housing prices, you must involve land prices.
But at this time, many local governments
Land auctions have been used as the main source of income.
If absolute courage and means are not used, there will still be no fundamental adjustment to this land policy, at least in the next five years.
Therefore, they boldly predict that as land prices continue to rise, real estate prices will run wild and cannot be suppressed at all.
The current real estate prices are only in a short-term correction stage.
For this matter, Chen Jie took the time to go to Xiangjiang, found Lin Jiacheng, and asked him face-to-face about the future development trends and insights of the mainland real estate industry.
Lin Jiacheng was not stingy. He said bluntly: In addition to food and clothing, housing is the foundation of social stability. In the future, housing will become an important asset for the people.
The market economy relies on supply and demand.
Some people say that China has a large land area and it is impossible for real estate to skyrocket like in Xiangjiang.
This is a very wrong idea.
Precisely because China has a large land area, it will only be more difficult to develop in an all-round way.
In this case, the upper levels will inevitably concentrate resources and tilt them toward big cities to promote the development of the entire region in a way that connects dots with lines and connects dots with areas.
【In view of the general environment,
But the consequence of this is that a large number of people flock to the city and want to buy homes and settle down.
With such a tight supply and demand relationship, it is impossible for real estate prices to fall.
Moreover, as the economy develops, the more resources a city receives and the more closely it is tied to public service industries such as medical care and education, the more its real estate prices will rise.
Chen Jie deeply believed in what Lin Jiacheng said.
The year 2005 was the year in which the development situation of the real estate industry changed the most, and it was also a year in which the world was at its peak.
In the face of severe challenges and unprecedentedly rich opportunities, some companies with poor competitiveness have begun to be eliminated, while powerful companies are vying for supremacy, vying for national supremacy, and even challenging industry leaders.
This chapter is not over yet, please click on the next page to continue reading! 10 billion yuan in sales.
This figure, which seemed out of reach for all domestic real estate companies in 2004, actually became the annual sales target of several companies in 2005, both overtly and covertly.
In addition, Chen Jie also learned from Wang Shi’s words Vanke’s plan to achieve sales of 100 billion yuan within ten years.
This made him realize that the real estate industry will usher in a long-term, continuous upward process.
After returning to South China City, he immediately asked Tan Jiong to make a capital allocation plan. After continuous meetings and discussions, he finally targeted seven or eight real estate companies such as Vanke A and Oceanwide Holdings.
At this time, the stock prices of these companies, after four consecutive years of decline, have reached the price of two or three yuan.
In order to maximize profits, Chen Jie asked his traders to continue to mobilize funds into the market in the last quarter of 2005 by using small-scale, shock-absorbing methods.
The fund's holdings are commercial secrets and are required to be announced at the end of each quarter.
So they have a maximum of about three months in which to operate without worrying about being discovered by others in the same industry.
If we say 1990, it was the first year of the birth of A-shares.
Then 2005 is the first year of the new era of A-shares.
The shareholding reform is on the fast track, marking that A-shares have entered a new era of "same shares, same rights, same price".
Looking back on the whole year, the Shanghai Composite Index rebounded quickly after hitting 998 points in June. In the following month, although the market retreated twice, the index fell to a low of 1,004 points.
But it didn't fall below it after all.
In the next twenty trading days, under the leadership of securities firms, the market experienced a unilateral rise again, with an astonishing increase of 16%.
A very standard double bottom structure is formed.
Brokers cannot buy other than their own company's stocks, they can only buy their own
All stocks other than 100%, that is to say, brokers can cross-hold shares.
In this way, with their tacit understanding, non-bank finance, represented by securities firms, rose in turn, pushing the Shanghai Composite Index out of the upward trend of moving averages and long positions.
However, even these securities companies themselves do not know this.
Chapter completed!