PFC Chapter 331 Lin Jiaojiao Returns to the World of Two Forests
Chapter 331 Lin Jiaojiao Returns to the World of Two Forests
During the meal, the table was laden with a sumptuous spread of dishes.
My cousin Wu Xingchao had a few drinks and started talking non-stop: "The financial market is changing so fast these days."
I've been researching stocks lately and made a lot of money.
Then he recounted his stock trading experiences, which his relatives listened to with great interest, frequently expressing their admiration.
Jiang Tiansheng sat to the side, listening quietly without interrupting.
At this point, a relative turned the conversation to Jiang Tiansheng: "Tiansheng, you're in real estate, what are your thoughts on the current market?"
Jiang Tiansheng put down his chopsticks, thought for a moment, and said, "I think the current price of industrial land is a bit too high, and it may fall in the future."
If you have spare cash to invest, you might consider purchasing some commercial or residential properties, as their potential for future appreciation may be greater.
Upon hearing this, Wu Xingchao curled his lip dismissively and said, "Tiansheng, your thinking is too conservative. Stocks are a quick way to make money; if you trade them well, you can make a fortune in no time."
Jiang Tiansheng simply smiled and did not refute.
After listening to Jiang Tiansheng's words, some relatives nodded in agreement, thinking that his analysis made sense; others, like Wu Xingchao, believed that stocks were the best way to make money quickly.
Jiang Tiansheng has been visiting relatives and friends and engaging in numerous social activities these past few days.
During a family gathering, my cousin Wu Xingchao talked enthusiastically about investments, showing particular interest in the industrial land market.
Wu Xingchao said, "I have studied this for a long time. The industrial development is in full swing, and many factories are expanding."
The demand for industrial land will definitely continue to increase, and prices will inevitably rise. I plan to buy more; it's a sure thing.
Jiang Tiansheng disagreed, retorting, "While demand may seem high now, many places are developing large amounts of industrial land, so supply is constantly increasing."
Moreover, the economic situation is volatile, and future industrial development may not always be so smooth. I think prices are very likely to fall.
"If your investment goes wrong, who will bail you out?"
Wu Xingchao was taken aback by Jiang Tiansheng's words and tried to change the subject, quickly saying, "Forget it, let's not talk about this anymore. If anyone wants to invest in the stock market, just contact me. I've been in the stock market for so long and have a lot of experience. I guarantee you'll make money."
Jiang Tiansheng just smiled and didn't continue the topic.
During the Spring Festival, besides socializing, Jiang Tiansheng also kept his business in mind.
The shop he had previously renovated was now complete, and he began actively looking for buyers.
In the past few days, he has met with several potential clients, but none of them are satisfied with the prices he proposed.
At first, Jiang Tiansheng was a little anxious, after all, the return of funds was very important to him.
But after calming down, he thought that if there was really no other way, he would sell some of his stocks to pay the remaining balance.
With the Spring Festival holiday over, Jiang Tiansheng threw himself into his busy work.
He began negotiations with Lee Sau-wah, the factory manager of Yee Nam Industrial Co., Ltd., regarding the sale of the tenement building in Yuen Long.
Yi Nan Industrial has expansion needs and wants to acquire tenement buildings to serve as employee dormitories.
Li Shouhua said, "Mr. Jiang, we are indeed interested in buying this tenement building, but the price you quoted is a bit high, and our company's budget is limited."
Jiang Tiansheng responded: "Mr. Li, the location and conditions of this tenement building are very good, and the price is already very reasonable. Similar properties in the surrounding area are not cheaper than this."
The two sides went back and forth, reaching a stalemate on the price.
After several rounds of negotiations, Jiang Tiansheng finally agreed to sell the tenement building for 322 million yuan.
Jiang Tiansheng said to Li Shouhua, "Mr. Li, I really didn't make much profit at this price, only about 60,000 to 70,000 yuan. It's purely because of our long-term cooperation."
After receiving the check from Yinan Industrial, Jiang Tiansheng rushed to the securities company without stopping.
He quickly transferred some funds into his stock account, then found stockbroker Zhang Taotao and said:
"Tao Tao, help me buy as many shares of China Bus Company as possible, with the goal of increasing our shareholding to 1%."
Zhang Taotao immediately took action, purchasing shares of China Bus Company in the stock market.
After some effort, 7 shares were successfully purchased. With each of these purchases, the share price of Chung Hwa Bus Company saw a slight increase.
Just as Jiang Tiansheng was monitoring the progress of China Bus Company's stock, Zhang Taotao brought another piece of news:
"Mr. Jiang, Sino Land is about to start subscribing to new shares, and we need to prepare funds."
Jiang Tiansheng thought for a moment and said, "Tao Tao, this subscription to new shares is very important. Can you help me think of a way to subscribe to as many as possible?"
Zhang Taotao nodded, indicating that he would try his best.
After handling stock-related matters, Jiang Tiansheng went to Yiren Real Estate Company.
He first paid the remaining balance for the tenement building in Yuen Long, and then inquired about the progress of the new company registration.
Lin Luoqi spread out the brochures for the Cuifengtai real estate development and said to Jiang Tiansheng:
"Tiansheng, look, the first phase of the Licheng Garden development by Yihua Real Estate has attracted the attention of many homebuyers due to its excellent location, right next to the sea."
In contrast, sales of the Cuifengtai residential project developed by Yixin Real Estate have run into difficulties.
Jiang Tiansheng carefully reviewed the documents, nodded, and replied, "What seems like a crisis for Cuifengtai might actually be an opportunity for us."
I plan to buy a building in Cuifengtai at a relatively low price, and then negotiate to maximize our profit margin.
Lin Luoqi pondered the issue of fundraising and asked, "How should we plan the funding? Acquiring the building will require a large sum of money."
Jiang Tiansheng methodically explained the plan: "We'll have Yiren Real Estate Company invest 800 million yuan, and we'll each contribute 150 million yuan. Together, we'll be able to raise 1200 million yuan for the down payment."
Lin Luoqi mentally calculated the options and, finding the plan feasible, nodded in agreement.
"Okay, we'll do it your way. But we'll have to put in a lot more effort in the subsequent negotiations with Yixin Real Estate."
Jiang Tiansheng replied, "Don't worry, I'll arrange the negotiations properly. Let's focus on raising the funds first, and then we'll talk to Yixin Real Estate."
The two then engaged in in-depth discussions on numerous details of the acquisition of the Cuifengtai Building, such as the specific assessment of the building and potential risks, before concluding the meeting.
After leaving the office, Jiang Tiansheng went straight back to his shop in North Point.
As soon as I entered the shop, the clerk rushed over to report:
“Mr. Jiang, Fenggui Development Company has resumed its second-hand housing business in the North Point area, and it seems to be targeting our Hehong Real Estate Company.”
Guan Jiahui, who was listening nearby, looked dissatisfied and said, "Why is Fenggui Development Company always targeting us? It's infuriating."
Jiang Tiansheng was displeased with Fenggui Development Company's actions, but he quickly calmed down and said, "I will handle this matter."
Subsequently, Jiang Tiansheng went to Lefu Real Estate Company and met with Yan Leduo.
After the two were seated in the conference room, Jiang Tiansheng stated his purpose directly:
"Mr. Yan, as you know, Fenggui Development Company has resumed its second-hand housing business in North Point, clearly targeting us, Hehong Real Estate. What's your opinion on this?"
Yan Leduo leaned back in his chair, pondered for a moment, and then said, "Right now, everyone in the industry is watching and waiting; I'm afraid no one is willing to do anything for Hehong Real Estate."
They actively sought to confront Fenggui Development Company. After all, Fenggui Development had been operating in this industry for many years and possessed considerable strength and a solid foundation.
After hearing this, Jiang Tiansheng understood that what Yan Leduo said was true. He remained silent for a moment, then stated his strategy:
"Since my competitors are unwilling to step forward, I'll do it myself. I plan to lower the commission to 20% to attract customers."
Meanwhile, the remaining 80% commission will be divided equally between the buyer and seller. I'd like to see how Fenggui Development Company responds.
After listening to Jiang Tiansheng's plan, Yan Leduo had some doubts and said, "Mr. Jiang, your strategy is indeed bold, but I am worried that the actual effect will not be ideal."
Lowering commissions would reduce our profits, and Fenggui Development Company might also take other countermeasures.
Jiang Tiansheng said resolutely, "No matter what, I'm going to give it a try."
I cannot stand by and watch them target Hehong Real Estate without taking any action.
I want to teach them a lesson, to let them know that Hehong Real Estate isn't so easily suppressed.
After leaving Lefu Real Estate Company, Jiang Tiansheng returned to his shop and immediately began implementing his plan. He arranged for people to post notices at the shop entrance.
A notice was posted announcing a reduction in commission rates.
After posting the notice, Jiang Tiansheng called Guan Jiahui over and said, "Jiahui, I've reduced the commission to 20%."
Consider this 20% commission a bonus for you. Business volume will definitely increase significantly in the near future, so be prepared.
After hearing this, Guan Jiahui was somewhat dissatisfied with the reduced profits due to the low commission, but she still accepted Jiang Tiansheng's arrangement.
After some thought, Guan Jiahui realized that Jiang Tiansheng's strategy of lowering commissions to attract customers was not entirely without benefit to her.
Although this meant she had to put in more effort and work harder, the increase in clients also brought her more opportunities to earn income.
As long as you work hard to earn money, you may be able to make some small investments in the future and thus achieve financial freedom.
With that thought in mind, Guan Jiahui nodded emphatically and told Jiang Tiansheng that she would take the upcoming large volume of business seriously.
Seeing Guan Jiahui's positive attitude, Jiang Tiansheng then reminded her, "Jiahui, you need to be careful. Your colleagues might resort to some unfair means."
If you sense something is amiss with a client during a meeting, refuse their business immediately. Don't hesitate.
Guan Jiahui nodded again and replied, "I understand, I will be careful."
After arranging things at the shop, Jiang Tiansheng went to Yiren Real Estate Company to meet Lin Luoqi.
Upon meeting, Jiang Tiansheng immediately brought up the issues that Fenggui Development Company was targeting with Hehong Real Estate Company:
"Loki, Fenggui Development Company is coming on strong this time, clearly targeting Hehong Real Estate. What do you think?"
Upon hearing this, Lin Luoqi's expression changed. After a moment's thought, he said, "I suspect that my two brothers are behind this. They have never really wanted me to achieve much in this industry."