Chapter 580 Large Number of Properties for Sale

She plans to sell all of the more than 150 luxury homes in the two towers of Tili Kent Court, 120 high-end apartments in Sham Shui Po, and 160 high-end residences in Causeway Bay.

General manager Chen Ming was shocked: "Boss, Diligende Pavilion is a high-quality property. If you sell it, you can't buy it back."

The apartments in Sham Shui Po and Causeway Bay are sold as soon as they are sold, and you can also buy another one with better location and supporting facilities. But the tenants of the Diligende mansion are all high-status, and the rent is high. The most important thing is that the value has increased a lot in half a year. Currently, the real estate market in Hong Kong City is booming. The house prices of Diligende Pavilion must have been rising. It would be too much of a loss to sell it now.

Lu Jiaxin said: "I have a big project. The funds are currently insufficient and I need to withdraw some funds. The two buildings of Diligende Pavilion are sold, but the land is not sold. I will build a third building in a few days."

Xinxin Real Estate is Lu Jiaxin's private property, and it's just a matter of words to sell it. Chen Ming fulfilled his obligation to analyze the pros and cons for her, and saw that she persisted and no longer objected.

The next day, Xinxin Real Estate released news that it would sell high-end apartments in Tili Kent Court, Sham Shui Po and Causeway Bay.

People in Hong Kong like to speculate in everything. Now that real estate is booming, many people are speculating in real estate. Seven out of ten property buyers are speculators, which is no exaggeration in Hong Kong. After hearing that Xinxin Real Estate had released so many high-quality properties, an agent immediately ran over and ordered ten units. That's all the money, otherwise he would have wanted to order more.

After getting the news, they all rushed to Xinxin Real Estate. The reception hall of Xinxin Real Estate was suddenly overcrowded, and many people were still crowded and unwilling to leave after get off work hours.

At the same time, stockbrokers Sun Shuangcheng and Wu Ziyue received a notice from Jiang Wen, asking them to sell off all the stocks under Lu Jiaxin's name.

Wu Ziyue thought of Lu Jiaxin's previous trades and asked: "The stock market is very good now, why do you want to sell all the stocks? Did Miss Lu get any news?"

Jiang Wen said with a smile: "The boss and Mr. Su are planning to invest in a big project, but they don't have enough funds."

Wu Ziyue felt that this was an excuse. Recalling Lu Jiaxin's operation two years ago, after some thought, he sold all the stocks he and his family bought. At the same time, he communicated with several large customers and reduced their holdings of some stocks.

Such a big move by Xinxin Real Estate has naturally attracted the attention of many people.

Zong Shimeng called directly and asked: "Jiaxin, why did you suddenly sell such a high-quality property like Diligende Pavilion?"

Lu Jiaxin replied with the reason mentioned before: "Nie Zhan is optimistic about a big project, but he doesn't have enough money, so he can only sell part of the property to raise funds. The building will not be sold, so we can only sell the Diligande Pavilion. Alas, In fact, I can’t bear it either.”

Zong Shimeng said: "Then leave one set for me."

Lu Jiaxin agreed, and then asked: "Sister Shimeng, I remember that your due date is next month, am I right?"

I have been so busy recently that I forgot that Zong Shimeng is about to give birth. Relatives and friends will give gifts to this newborn baby. The baby is about to be born, and she has to prepare gifts. No need to bother, just buy a set of snake zodiac gold jewelry directly from your own company.

Zong Shimeng smiled and said that she remembered it correctly, and then said pointedly: "The due date is May 26, but you can't say for sure. Some babies are earlier than others. Some babies are later. Jiaxin, the baby is very cute. You’ll know when you become a mother yourself.”

This euphemistic way of urging marriage also makes people laugh or cry. Lu Jiaxin said: "Sister Shimeng, I'm not even engaged yet, so it's still early to have a baby!"

The engagement date has been set, the 18th day of the ninth lunar month. Lu Jiaxin did not notify the Lu family for the time being, and planned to bring Lu Hongjun and Lu Shan over before the engagement. In fact, what she wanted most was to let Lu Jiaguang come, but he was a public official, so he couldn't come in this situation. As for the others, coming here will only make people laugh, and may also increase their greed.

"Time flies so fast. You think it's still early, but it's here in a blink of an eye." Zong Shimeng said. Sometimes when she thinks back to the past, she feels that she and her husband have just fallen in love, and why is it that the Four Treasures are about to come out.

The two chatted for a while, and then Lu Jiaxin hung up if something happened. Putting down the phone, a smile appeared on her face. Sister Shi Meng speaks briskly, which shows that she is well adjusted. Also, being able to live safely for so many years under the eyes of my mother-in-law and great-grandmother is something that should not be underestimated.

A week later, Wansheng Real Estate’s new building opened. People who were well-informed suddenly realized that something was wrong. Lu Jiaxin had sold so many properties, but his property was opened ahead of schedule. Even if there is a lack of funds, Lu Jiaxin has withdrawn more than 2 billion in funds, and there is no need for Nie Zhan to open the market one month in advance.

Nie Jingwen called Nie Zhan and asked: "Third brother, why did you suddenly open the market a month early? Did you get some bad news?"

Although they were brothers, Nie Zhan had no intention of telling him the real reason. Lu Jiaxin was able to tell Su Heyuan the matter because she trusted him, but Nie Zhan did not trust his eldest brother.

Nie Zhan said: "Brother, the current real estate situation is very similar to that before the stock market crash last year. Everyone is rushing to buy properties like crazy. I am worried that the real estate market will fluctuate like the previous times, so I opened the market in advance, and the funds withdrawn first. Pay off some of the bank debt.”

He didn't listen to Nie Zhan's advice last time and suffered heavy losses. This time Nie Jingwen had to pay attention: "Do you think the property market will collapse?"

Nie Zhan had a premonition of the last stock market crash, but he was not sure when it would crash. But this time, Lu Jiaxin was able to chase it away.

Nie Zhan didn't want to give him the wrong information, so as to avoid the loss and blame himself: "Brother, you are also studying economics, you should know that nothing is immutable. The stock market will fluctuate, and the property market is the same."

"I do this just in case. The company's debt ratio is too high. If there is a slight fluctuation, the bank will come to collect the debt."

Before the stock market crash last year, he reduced the debt ratio to 50%. But after the stock market crash, he hoarded too much land, and now the debt ratio has reached 72%. Before the stock market crash last year, the 68% debt ratio made many senior executives very worried, and there were many pessimistic people from the outside world, but now everyone thinks that Xinxin Real Estate can hold the bottom and is not worried at all. .

Nie Jingwen understood that Nie Zhan felt that the property market would fluctuate, but he thought the amplitude would not be large or only short-term: "I know. Ah Zhan, thank you!"

After hanging up the phone, Nie Zhan called his stockbroker again and asked him to sell all the stocks under his name. If Jiaxin's prediction is inaccurate, he can buy it back at that time, and the loss will not be large; if her prediction is accurate, he will lose a lot if he does not sell the stocks.

As for the company's shares, Nie Zhan had no intention of selling them. Firstly, the proportion was small and there was no need to sell them; secondly, if the company's shares were also sold, it would lead to greater speculation.