Chapter 86 The Eighty-Sixth Day of Not Running Away The Eighty-Sixth Day of Not Running Away...
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Chapter 86 The Eighty-Sixth Day of Not Running Away The Eighty-Sixth Day of Not Running Away...
Chen Bozheng entrusted the task of finding land for sale to Hua Lingfeng, as only Hua Lingfeng had the connections and resources for this.
Fortunately, Hua Lingfeng soon brought good news: the Beijing Municipal Commission of Planning and Natural Resources was planning to put several plots of land up for tender. Unfortunately, the bidders for this land tender were either Hong Kong businessmen or foreign investors—in short, all super-rich people.
Hua Lingfeng flicked his cigarette butt; the office was filled with smoke.
He tapped the documents on the table with his finger. "Look at this, the smallest piece of land here is over 2,000 square meters. Damn, those foreign and Hong Kong businessmen are all richer than the last. I'm afraid the minimum bid will be several million!"
These plots of land are located along the East Third Ring Road and the West Third Ring Road. Some are large, neat blocks, while others are fragmented. But as Hua Lingfeng said, each plot of land is quite large.
The smallest piece is located on the East Third Ring Road, exactly 2,000 square meters. If we calculate based on a minimum price of 500 yuan per square meter, it would still cost one million yuan. But this is the ideal scenario.
Under the current circumstances, the Municipal Planning and Natural Resources Commission plans to adopt a bidding model, which means that the final cost may be exceptionally high.
Since everyone wants to win the bid but doesn't know each other's bottom line, they can only try to give as much money as possible.
“One million, we can manage to scrape together, even if we have to,” Wang Jianquan said, frowning. “I can borrow 100,000 from my friends.”
Chen Bozheng gestured to stop Wang Jianquan, who shook his head and said, "No, one million is not enough."
He frowned: "There must be quite a few people interested in this piece of land. After all, although it is small, the cost is much lower than other plots. I'm afraid the competition for this two-thousand-yuan plot will be even fiercer than for those larger plots."
Wang Quanjian was stunned.
He lowered his head and thought about it; what Chen Bozheng said was indeed not without reason.
There are also many small real estate companies in Beijing now. Like them, these companies are privately owned, not very competitive, and have little capital. It would be too difficult for them to compete with the large companies from Hong Kong and Europe and the United States.
For example, imagine a plot of land of 13,000 square meters. It's in a prime location, designated for commercial use. It seems like a sure thing to make a fortune. Everyone knows that buying this land guarantees wealth. However, how much capital would be required for 13,000 square meters? At least tens of millions.
Not to mention them, who in all of China could come up with this money? Only overseas Chinese and Europeans and Americans have the means and ability to do so.
Furthermore, this bidding process has a restriction: verification of funds is required. This effectively prevents many people from trying to get something for nothing.
Want to acquire land and then resell it? Dream on. No money, no deal.
Finally, there was some good news, but no one expected that things would be so difficult right from the start.
The 500,000 yuan they pooled together seems like a lot, but if they invest it in real estate, it'll be a complete waste.
"So, are we still going to this bidding conference?" Hua Lingfeng asked, looking at Chen Bozheng and Wang Jianquan. "I got the bidding qualification by doing favors for my friends."
“Go, why not?” Chen Bozheng’s mind was racing. He said to Wang Jianquan, “Brother Wang, you’re a contractor, you must know a lot of people in this industry, right?”
Wang Jianquan replied, "I know, but which aspect are you referring to?"
Chen Bozheng said, "I don't think there are that many people who can join us in bidding. If we join forces, 1+1>2. We can buy it later and then divide it up. It's not too late."
Wang Jianquan thought it was a good idea. He scratched his head and said, "But most of them are state-owned enterprises, such as Chengkai and Beifang. If we private companies want to cooperate with them, they may not be willing."
State-owned enterprises and private enterprises, in the end, are backed by different entities. State-owned enterprises are backed by the state, so even if they don't earn much, they have a strong financial foundation. Private enterprises, on the other hand, are individual businesses, and they inevitably have to bow their heads when they meet people.
"Are there any other companies?" Chen Bozheng pressed.
Hua Lingfeng said, "I do know a few people who are also in the real estate business. They're just starting out. Wanxing, for example, used to be a real estate agent, buying and selling houses. I met their boss, Mr. Liang, at a dinner party last year, and it seems they're planning to enter the real estate industry as well. Maybe I can get in touch with them."
“Alright, let’s do it both ways.” Chen Bozheng said, “We can’t afford to miss any opportunity now.”
He looked at the monk and said, "Monk, you'll be in charge of one thing for now: running around to the branch offices of the planning commissions in each district, building relationships, and seeing if there's any land available for sale. If we can't win the bid, we still have other hopes."
The monk nodded, without saying a word more.
And so Langkiy took the first step.
When Wen Chan heard about it, she thought Chen Bo was being thoughtful. However, she was curious whether the monk could handle the task of building connections. "That monk is so slow, he won't say a word for three days. Asking him to run connections is asking too much of him."
Chen Bozheng said, "Don't worry about it. I've asked Guangren to help carry it. But if you ask me, only a monk can do this well. No one else is suitable."
Wen Chan asked in confusion, "Why?"
She didn't see anything special about the monk.
Chen Bozheng said, "From childhood to adulthood, the three of us, Fengzi and I, have had our share of conflicts with people, and quite a few people dislike us. But Monk can get along with everyone. Our tenement is quite a mixed bag, isn't it? People hate those who have things and laugh at those who don't. Monk's mother isn't very easygoing, but everyone speaks highly of Monk. Tell me, isn't he capable?"
Wen Chan thought about it and realized that it did indeed have some unique features.
"If that's the case, then that's fine too. We can let the monk be the public relations manager in the future."
On the other end of the phone, Chen Bo was laughing so hard he spat out a mouthful of water. "A monk as a PR manager? Other PR managers are all beautiful women. We'd be laughed to death."
Wen Chan couldn't help but chuckle. Indeed, women have an advantage in public relations; it's rare to see a man as a public relations manager.
Wen Chan still had high hopes for Chen Bozheng's Langji Real Estate. She asked Zhang Yurong for help and collected a lot of information and magazines to send back to China.
Fortunately, Excellence Products has extensive experience in this area and many successful cases to learn from, and Zhang Yurong helped in the process.
"Matt, come quick!"
Early in the morning, as Matt stepped into the office, Darren waved at him, looking somewhat excited.
Matt was puzzled. He walked over and saw on the screen that both Intel and Microsoft were showing green.
Matt was stunned. "What's going on? Why are these two stocks going up?"
Darren said, "Haven't you heard? Microsoft's Windows 3.0 this year has been a huge success, with sales skyrocketing. It's said that it has already sold three million copies!"
"And what about Intel?" Matt clicked the mouse and found that Intel's stock price had increased by $0.40 in less than five minutes.
Don't underestimate this small sum of $0.40. Keep in mind that since the beginning of last year, the US stock market has been sluggish, Wall Street is in a slump, layoffs have skyrocketed, and countless small securities firms have gone bankrupt. Meanwhile, the big players in the industry have taken advantage of this opportunity to enrich themselves and expand their influence once again.
"They partnered with Microsoft, and I checked the data, and they released the 486SX in February. This processor is inexpensive, so it sold very well."
Darren said excitedly.
The rise in the stock prices of Microsoft and Intel is both unexpected and reasonable.
Ultimately, stock price fluctuations boil down to a company's revenue.
If the market is optimistic about a company's future prospects, then holding that company's stock becomes a profitable business.
Microsoft and Intel will obviously not let this opportunity slip by.
The founders of both companies frequently appeared in newspapers and on television, giving various interviews and showcasing the market share of their products.
Wall Street is never short of shady dealings and people trying to climb the social ladder, nor is it short of elites chasing after money.
The rise of tech stocks is now beyond doubt, and the stocks of Microsoft and Intel are even more valuable.
The stock price has been rising steadily, though not very fast.
Both Intel and Microsoft saw their stock prices plummet.
Two weeks later, Matt Daren and others looked at the company's stock holdings and couldn't help but admire Wen Chan, this Chinese woman.
Zhang Yurong was also honored and specially brought Cantonese morning tea to visit Wen Chan.
The housekeeper and servants placed various delicate and exquisite snacks on the table, their aromas filling the air: shrimp dumplings, chicken feet, spare ribs, rice noodle rolls, and fine chrysanthemum tea.
Wen Chan couldn't drink tea, but drinking chrysanthemum tea was no problem for her. She smiled and said, "Miss Zhang brought so many snacks. There are only a few of us. How can we possibly finish them all?"
Fatty was sent out by Wen Chan to buy books, and he stayed in the ward every day to rest, watch TV, and use the computer. Wen Chan was getting moldy. If she didn't take advantage of this time to read more books, she felt that her life would sprout.
Zhang Yurong said, "What's the big deal? If you like Shanghai cuisine, we have a Shanghai chef in our family who makes amazing xiaolongbao (soup dumplings) and eel noodles."
Jiang Zihan couldn't help but secretly calculate how many chefs Zhang Yurong's family had.
She used to serve Shandong cuisine and Western food, and now she's serving Cantonese cuisine, and even has a Shanghai chef. I bet she has a whole team of chefs at home.
Wen Chan smiled and said, "It seems Miss Zhang is happy to have made money."
Zhang Yuren couldn't help but smile and said, "Money is a small matter. We've only earned a few hundred thousand US dollars so far. To be honest, that's about the price of a yacht I bought. But the important thing is that we earned this money together. So many people didn't believe in us before. Darren Matt even thought we were crazy. Now look, who's crazy?"
Jiang Zihan's eyes widened: "Hundreds of thousands of US dollars?"
Zhang Yurong said, "Yes, I invested an extra three million US dollars in the fund and told them to buy in as Miss Wen suggested. To be honest, I was too timid before. If I had just taken out a loan from the bank, I would have earned even more now."
At this point, Zhang Yurong clapped her hands, "That's right."
She took a check for $100,000 from her bag and handed it to Wen Chan.
Wen Chan looked at the check with some surprise: "What's this?"
Zhang Yurong said, "I think you don't have much money left after paying for the surgery. You can keep this money and we'll adjust the accounts later. But I'm sure we'll need to make up for any shortfall in our earnings."
$100,000 is definitely not a small amount on Wall Street.
Wen Chan thought for a moment and accepted the check: "I feel a little bad about this, I've only earned so little for you. How about this, I'll be free the day after tomorrow, have Darren and Matt come to the hospital, I have some things to discuss with them."
Zhang Yurong agreed without hesitation.
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The author's note: When the US stock market rises, it's green; when it rises domestically, it's red.