signingbooks Chapter 776: Settlement Moment
Chapter 776: Settlement Moment
"Mr. Lu, you shouldn’t speak so absolutely.”Xu Jiayin looked displeased; Lu Liang’s disparagement of Hengchi Automobile made him uncomfortable.
Although the initial purpose of Hengchi was indeed to boost Hengtai Group’s stock price, after all, no idea, no spectacle, but a lot of capital and effort have been invested.
Nowadays, any Tom, Dick, or Harry can develop new energy vehicles, so why can’t real estate groups?
Besides, their Jinmen factory is almost completed, and seven or eight new Hengchi models will soon hit the market collectively.
The current new energy market is booming, with a penetration rate already as high as 18% and still rapidly increasing each year.
In contrast, the real estate industry is past its prime; thirty-year mortgages have exhausted the savings of several generations.
Although there is now the Xiangjiang Market, to completely solve Hengtai’s internal issues, more promising projects are needed.
"Mr. Xu, are you hungry?”
Lu Liang laughed, skipping the topic altogether.
Xu Jiayin, not wanting to strain relations with Lu Liang over this, touched his stomach and laughed, “Now that you mention it, I am a bit hungry, I didn’t eat much at noon.”
"Shall we go together?”
"Together!”
The two went to the second floor of Plaza Building to dine and happened to run into Chen Jiebin, who was also coming for a meal.
"What a small world, Director Chen, what a coincidence.” Lu Liang was surprised and waved to greet him.
"Mr. Xu, hello.” Chen Jiebin nodded to Xu Jiayin, sat beside Lu Liang, and explained, “It’s not really a coincidence, I knew you often eat here, so I came here to run into you on purpose.”
"If Director Chen needs something, just one call and no matter how busy we are, we will head to the Financial Management Office immediately.”
Xu Jiayin chuckled, called over the restaurant waiter to add more tableware, and incidentally ordered a bottle of 1990 Romane-Conti.
In the past, he always wanted to meet Chen Jiebin, but the latter was always unresponsive, not attending parties, and returning all gifts.
Later, knowing that Chen Jiebin was incorruptible and he himself had become the First Rich of the East Country, he no longer bothered to curry favor with him.
Unexpectedly, Lu Liang’s influence was so significant that the financial giant voluntarily came to meet; it seemed the rumors of their close relationship had some basis.
"Mr. Xu, no need for formalities, I don’t drink.” Chen Jiebin hurriedly waved his hand.
Lu Liang also jokingly said, “Better return it, because if Director Chen sneaks out to pay the bill again, it’ll cost a fortune.”
A bottle of 1990 Romane-Conti costs over a million Hong Kong Dollars, and although he couldn’t taste anything special, he knew it wasn’t cheap.
"Mr. Lu understands me.” Chen Jiebin laughed, knowing Lu Liang was still bothered by his previous bill paying incident.o leave Xiangjiang.
The scene of the Global 6000 taking off was seen by many people, and people then realized that Lu Liang had left Xiangjiang.
This relieved the native Xiangjiang forces, as if the sword of Damocles above their heads had been removed.
After all, Lu Liang had been in Xiangjiang for a full month, but during this period, Liu Cixin ran away, and Ah Zheng collapsed.
Huazhi and New World also changed owners; if he stayed a few more days, many people wouldn’t be able to sleep.
Lu Liang left, but the influence of his actions in the Xiangjiang market continues to ferment.
Huazhi Group announced the privatization process, to buy back shares at a price of $12.52, a 22% premium.
This price is 2% higher on the upper limit than the rumors of 10%-20%.
The news spread, market investors applauded, and favor for Lu Liang surged.
At the same time, Yang Qisheng of Emperor Group held a press conference, swiftly following Huazhi Group’s lead, announcing the delisting privatization.
After a moment, Hengtai Group followed closely, announcing a $20 billion fundraising, stating the funds will be used for developing and constructing the Xiangjiang real estate market.
Soon after, HSBC couldn’t resist, announcing an increase of 50 basis points on top of the existing 2.56% interest rate for five years, bringing savings interest to 3.06%.
"How does it feel different? But it seems not much has changed.”
The day after Lu Liang left Xiangjiang, many citizens noticed that the Xiangjiang market was undergoing some transformation.
What change, they couldn’t say, just felt the entire Xiangjiang market was undergoing a top-down transformation.
An old man at the fish market on East Street, talking to others, mysteriously smiled, revealing the secret: “It’s normal to feel strange, because it has indeed changed.”
He noticed that in recent days, the number of wasting youths marching on the streets had noticeably decreased. Even if there were some, they were not as organized or disciplined as before.
The workload of policemen receiving reports had decreased significantly; now, they often only need to disperse a few times and the wasting youths scatter like headless flies.
Others suddenly realized, curiously asked: “Oh right, I just noticed, old man, why is this happening?”
"Their financiers are now barely able to protect themselves, facing life and death crises, how could they still have the mind to fund these brats?”