Chapter 177: Shorting the Hong Kong Property Market
Chapter 177 Shorting the Hong Kong Property Market
Zuo Xiaoqing finally took a vacation.
Lin Yi drove to pick her up. There were some things that needed to be taken home, especially clothes, bedding and the like. They needed to be taken back to be unpacked and washed.
Many people saw the car driven by Lin Yi. Zuo Xiaoqing became more famous now, and there were more discussions about Lin Yi. Someone well-informed, perhaps an elder at home, reported that Lin Yi was going home to celebrate the New Year this time.
, brought back another US$3 million order, and now major factories are competing for export share.
This is indeed true.
Lin Yi has been taken to several meetings in the past few days, and many factory directors have approached Lin Yi privately, hoping to get some orders through him.
These days,
The east room of Lin Yi's house has a lot of local specialties, all sent by the factory directors, which are more than what Lin Yi bought himself.
Zuo Xiaoqing came back and saw the piles of things in the east room. He opened his mouth in surprise, "Brother, you moved the department store here. No, the department store doesn't have as many things as ours."
"Some of them I bought, and some were gifts from friends. If I had known they were giving away so many things, I wouldn't have bought them." Lin Yi said helplessly.
Zuo Xiaoqing's face was full of joy. The men in her family were really capable. Other families were worried about having too few New Year's goods, but her own family was worried about having too many New Year's goods.
The twenty-ninth day of the twelfth lunar month.
Lin Yi asked the shop to close.
We had dinner at the restaurant in the evening. According to Li Xiangqian and Jiang Wu's ideas, they planned to open until 30 p.m. and then open on the third day of the new year.
"You can't make enough money. You have been busy for a year and you still need a few days of rest. You won't be able to rest tomorrow. According to tradition, tomorrow is the day to receive bonuses and new year's goods." Lin Yi said.
Everyone cheered.
the next day,
These guys each pulled carts to Lin Yi's house. Lin Yi had divided the yard into piles for each person.
Rice, flour, grains and oils, meat, poultry, eggs, milk, tobacco, wine, sugar and tea are all available. With these things, there is no need to buy new year's goods. Just prepare two cabbages and you can have a good New Year.
The most attractive thing is not these, but the cardboard box in the middle of the goods. It has Japanese characters all over it. They don't recognize it, but it doesn't stop them from recognizing the pictures.
"Brother Yi, is this a color TV?" Songzi asked excitedly.
"Yes, do you like this year-end bonus?" Lin Yi asked.
"I like it, I like it so much. My God, I told my family a few days ago that when I get the TV ticket, I will buy a black and white TV for my family. Now I will go home with a big color TV. I think my brother and sister will be happy to death.
"
"Watching TV to celebrate the New Year, eating dumplings and drinking wine, think about how beautiful it is." Next to him, Erkui knelt down and touched the TV, looking as if he had nothing to do.
Lin Yi took out another stack of red envelopes and said, "One for each person. Get your things, move them and leave. Let's go home to celebrate the New Year. We won't open until Po Wu."
"okay."
"Thank you, Brother Yi."
"Brother Yi, let's go."
In the end, only Li Xiangqian and Jiang Wu were left. Naturally, they were different from the others. They had the same New Year goods and were given separate bonuses.
Lin Yi came out with two bags and put them in their pile of New Year goods respectively. "They are each given a thousand bonus, and yours is ten thousand."
Jiang Wu rubbed his hands excitedly, "Brother Yi, I will become a household worth ten thousand yuan right now."
"You don't have much money, are you excited?" Lin Yi said.
"But that money isn't mine, these are mine, how can I not be excited?" Jiang Wu said with a smile.
Lin Yi went over and patted Jiang Wuhe on the shoulder, and said solemnly: "From now on, we brothers will move forward steadily. I can guarantee that you will all become one of the richest people in the future."
Li Qianqian shook his head, "Brother Yi, you took us, and I am very satisfied with what we have got now. I have no other ideas. From now on, we will do whatever you ask us to do, Brother Yi."
Lin Yi smiled.
"There is still a long way to go. From now on, our brothers will walk together."
"Yes, let's go together." Jiang Wu shouted loudly.
Thirty years old,
Lin Yi took Zuo Xiaoqing to visit the grave. Whether it was real or a game, Lin Yi felt that a person should be polite and Qingming, and there would never be a shortage of worship during the New Year.
New Year’s Eve dinner,
Although there were only two people, they still made a great meal and set up a full table. Lin Yi bought more fireworks this year. When he set off the fireworks, he attracted many neighborhood children. These little guys helped set off the fireworks.
It's more lively.
After the first grade of junior high school, it’s the second grade of junior high school.
When they woke up this morning, Lin Yi and Zuo Xiaoqing packed up the trunk. Even the back seat was full of things.
Many of the things given by the factory directors were of no use to them at all. After the Chinese New Year, Lin Yi had to go to Hong Kong and Zuo Xiaoqing went to university, so all the things were probably broken.
When the Volga car drove into the village, it immediately attracted the attention of many people. When Lin Yi and Zuo Xiaoqing got off the car, people suddenly realized.
"Oh, the daughter of the Zuo family is back, and the car my uncle drove this time is much more beautiful than the county magistrate's little Jeep. It looks like the boss's car at first glance."
"I know this car. It's a Volga limousine produced in the Soviet Union. It's a special car for senior leaders."
"You haven't noticed, Xiaoqing's clothes on the other side are all dressed up by city dwellers. Now she really looks like a city dweller."
The Zuo family had been waiting for their uncle and daughter to come to the door, and they quickly came out when they heard the noise.
"Xiaoqing, brother-in-law, you are here."
"Sister, brother-in-law."
Lin Yi got out of the car, greeted his father-in-law and mother-in-law, and then called to his elder brother-in-law and brother-in-law: "There are some things in the car, please bring them into the house."
The Zuo family thought it was just an ordinary gift, at best a little more and better than others, but when Lin Yi opened the trunk, everyone was shocked.
This is too much.
It took several trips at a time to complete the move.
My uncle came to the door,
The Zuo family naturally welcomed me warmly.
Men drink and chat,
Zuo's mother Zuo Xiaoqing and her sister-in-law were chatting in the house.
Simple and happy.
The meaning of the New Year's Day is probably to provide an opportunity for relatives and friends to get together. Otherwise, they would be busy with their own affairs all year round, and there would be no chance to meet each other.
Never meet,
Friendships and family ties gradually fade away.
After staying at my father-in-law's house for three days and drinking several times, Lin Yi's drinking capacity became even more extreme. Other relatives of my father-in-law's family invited a new uncle, and even though they tried to compensate, they couldn't make Lin Yi drink more than once.
The village chief, branch secretary asked his father-in-law to invite Lin Yi, and Lin Yi took his brothers-in-law Zuo Dahong and Xiaowang there. The village chief, branch secretary, accountant, and others all hugged the telephone pole and sang Conquer.
Uncle Lin's reputation for being a heavy drinker spread throughout the village.
the fifth day of the lunar month,
Lin Yi took Zuo Xiaoqing back to Jiangcheng. Hanzheng Street reopened. Lin Yi only took a few glances before being called by Manager Yang to study the new order. He was busy for ten days and saw Zuo Xiaoqing for fifteen.
Qing is getting ready to start school.
Before school started, Lin Yi took Zuo Xiaoqing to a department store to buy things. At a counter, Lin Yi saw BOSS glasses on display.
I asked around in the past and the sales were very good.
Zuo Xiaoqing picked up the glasses and looked in the mirror. Lin Yi asked her if she wanted to buy them. Zuo Xiaoqing shook his head, "It's too expensive. This costs 22 yuan, which is half a month's salary for an ordinary worker. It's not necessary. You gave it to me before."
That one is still fine.”
"But many of my classmates are discussing these 'BOSS' glasses. Now you can hear the advertisements when you turn on the radio. Some major newspapers also mentioned it, saying that this is one of the symbols of the country's integration with international standards."
After sending Zuo Xiaoqing off to university, Lin Yi officially set foot on the train in Hong Kong again.
In fact, compared with domestic
For Lin Yi, Roman's side was simpler. The cooperative relationship between the two had already gone beyond ordinary business partners. The exchange of US dollars for rubles gave Roman a greater say in his boss's side.
What to order?
Now only Lin Yi and Luo Man are left to discuss the matter.
The two touched the documents and everything was settled.
Lin Yi was not in a hurry to return to China, but changed his identity and started traveling abroad again. To put it more bluntly, it was a money laundering trip.
Some countries in the world have strict cash controls, but there are also many countries that do not have cash controls. For example, in the United States, holding or depositing large amounts of cash in banks will definitely be investigated, while in some countries, no one cares about the source of your cash.
This is why there is cash smuggling.
For example, US dollars are smuggled out of the United States and sent to Panama, where they can be deposited in a bank and laundered directly.
Even in modern time and space, when many domestic companies pay wages and bonuses, they will withdraw large amounts of cash from banks and pay it directly to employees. This is absolutely not allowed in some countries and may lead to tax evasion.
Some people carry hundreds of thousands or even millions of cash to bank deposits, and few people trace them. There are many people who use cash to buy houses.
When Lin Yi comes to these countries, he can deposit large amounts of cash into his account. Of course, the amount cannot be too large. A single deposit of US$30,000 to 50,000 is fine. If a single deposit of hundreds of thousands is made, he will be targeted.
The chances are not small.
that's all,
Lin Yi's daily routine is to save money, save money, and save money again.
He traveled to more than a dozen cashless countries in a month, and the total amount in his more than 100 accounts has reached hundreds of millions of dollars.
Return to Hong Kong,
What Lin Yi did was to start shorting the stocks of Hong Kong real estate companies.
Most of Hong Kong's old foreign banks are involved in the real estate industry. Now the so-called new four families, Li + Cheng, Li Zhiji, Guo Desheng, and Zheng Yutong, are all big in real estate.
Lin Yi found a financial company and purchased put warrants as the investment agent of Hong Kong Anyi Company.
Because of his huge amount, the general manager of the financial company personally received Lin Yi, "Mr. Lin, are you very optimistic about the future of Hong Kong real estate?"
"It's my boss who doesn't like it."
"The real estate market is still booming. Don't you think it's too risky to go short now?"
Lin Yi shook his head, "I think something has gone wrong."
"Are you saying that many people choose to sell their houses now, or is it negotiation between the two parties?"
"Yes, haven't you seen more and more immigrants?"
The financial company made a put warrant for Lin Yi. In this company, Lin Yi invested US$10 million, then moved on to the next company, and at the same time changed his shell.
His targets include Wheelock, Cheung Kong Holdings, Henderson Land, Sun Hung Kai Properties, New World Development, Hang Lung, Hexin Properties, etc.
Lin Yi did not open more leverage, only 5 times.
By the time Lin Yi finished everything, it was already May. In fact, at this time, Hong Kong's real estate was already showing signs of weakness and was far less popular than half a year ago. There was also a large number of house sales information in the second-hand housing market.
On TV, in newspapers,
There are many similar news and analyzing various reasons, experts still remain optimistic about the future predictions.
But there are more and more people who can't bear to worry. The stock market is a prediction market. When worries arise, there will naturally be corresponding reactions. The stock prices of major real estate developers trade sideways almost every day, with very small fluctuations.
In Lin Yi's opinion, this is the calm before the storm.
Entering June,
The date for the meeting between the two leaders has been set, and the Hong Kong government has widely reported it, saying that the Iron Lady is very confident in this negotiation and is ready to take advantage of the momentum of the victory in the British-Malaysian Island War to negotiate the so-called future issue.
However, the strong market rebound that everyone expected did not appear. Instead, there was a collective decline. For a period of time, the number of immigrants and house sellers increased instead of decreasing, and housing prices were further impacted.
It's called a crash.
It never happens instantly.
There will definitely be many signs beforehand.
He has personally created a crisis, so he naturally knows the precursors and processes of the crisis, as well as the foresight of future generations. By looking at the data, he discovered that in the fourth quarter of last year, the real estate market had shown a sluggish state.
Many people think that those big capitalists are miraculous, but they actually rely on the support of these detailed data, coupled with the judgment of knowledge and experience.
In addition, after 1981, the world economic recession deepened and international trade protection rose, which made Hong Kong's export industry increasingly difficult. Under this situation, Hong Kong's internal economy slowed down rapidly and overall consumption declined, as can be seen from the data.
To put it bluntly, residents have no money, it is difficult to make money, house prices are extremely high, coupled with the political environment, and under attack from many aspects, a plunge seems to be a foregone conclusion. It just depends on where the explosion point is.
Lin Yi knew where the explosive point was, and he was waiting for that one of the top ten classic shots of the century.