Xiangjiang's property market was in a slump. Although the price remained high, the volume was shrinking and recently hit a 17-month low. To make matters worse, Superman Li, who single-handedly pushed Xiangjiang's property market to the peak, was gradually selling his properties for cash.
The person who had foresight had already sensed the danger. How could other real estate developers not sense it?
Once interest rates returned to normal, Hong Kong's property market would be under unimaginable pressure, and there might even be a collapse like 1997.
The bubble economy caused by the crazy construction caused the capital chain of every real estate company to be strained, and Nanfeng Real Estate was no exception.
The Kowloon office building cost 1.2 billion HKD, and in theory, selling it for 3 billion would not be a problem. But for Chen Wei, who desperately needed money to ease the financial pressure, he couldn't wait any longer.
Of course, he wasn't a serious businessman, but with the improvement of the legal system and enforcement, most of his properties were cleaned up.
Jiang Chen buying the building undoubtedly gave him a chance to breathe.
With the deal completed, Chen Wei was naturally ecstatic as he enthusiastically invited Jiang Chen to dinner.
Jiang Chen didn't decline and went to the Felix restaurant on the 28th floor with him.
At the dining table, the two of them were very familiar with each other, bragging and chatting about what they had seen and heard in their travels.
"Speaking of which, how's Robert doing now?" As they chatted, the topic shifted to Robert.
"That's it. He is now transitioning his business. In his words, he's playing with girls in Hollywood. Didn't he tell you? "Jiang Chen laughed.
"I got rid of him earlier than he did, and I cleaned up five years ago. I just didn't expect that the madman who dares to sell anything would quit the game as well, "Chen Wei lamented.
"Madman? Haha, this name suits that guy. Five months ago, he was caught by IS in Iraq and almost had his head cut off. "
"Iraq, he sure is daring. Speaking of which, how did you guys meet? "Chen Wei asked curiously.
No matter how you looked at it, Jiang Chen was a serious businessman. There was no need for him to interact with the "middleman" who smuggled and sold drugs as frequently as drinking water.
"I met him in Iraq. I saved his life." Since there was nothing to hide, Jiang Chen shrugged.
Chen Wei first paused before he laughed and raised his glass to Jiang Chen.
"Excuse me, I thought Mr. Jiang was a serious businessman. I didn't expect Mr. Jiang to be so secretive. Let me propose a toast to you."
To be able to rescue people from IS, they must have some connections with the international mercenary groups that couldn't see the light of day. Generally, those security companies that were in the open would not take on jobs like hostage rescue that required one's life.
Thinking up to this point, Chen Wei couldn't help but sigh inwardly. He had still underestimated this fellow.
Of course, even now, he still underestimated Jiang Chen. He would never have thought that it wasn't a mercenary who saved him, but Jiang Chen himself.
"You're too kind." Jiang Chen humbly clinked glasses with him.
"Did he quit because of the IS incident?"
"That's not it. It's mainly because he was targeted by the FBA. That guy was quite unlucky. He was captured by IS because of the FBA."
"FBA … That's true. If he was targeted by the government, then he had to quit," Chen Wei exclaimed.
"Mr. Chen, did you change your business because you were targeted?" Jiang Chen laughed.
"That's right. But it wasn't the FBA that targeted me, it was the General Staff Department." Chen Wei grinned.
General Staff Department? Jiang Chen's expression was a bit strange.
"Can the General Staff Department manage this place?" Jiang Chen asked with a smile.
"As long as it's not too much. But at that time, my hands were already in Guangzhou." Chen Wei paused and looked at Jiang Chen. "Speaking of which, you had some conflict with the Wang family in Wanghai City?"
"That's not wrong." Jiang Chen shrugged.
Chen Wei nodded in response.
"It's okay to offend the Wang family. Their power is mainly in Wanghai City. But don't offend anyone above them unless you completely abandon your business in Han. "Chen Wei's tone was inexplicably melancholic.
Perhaps it was because he personally experienced something, or his friends who were just as dirty as him experienced something.
To this advice, Jiang Chen only nodded and didn't respond.
…
The first two days of leisure time were over. Even Jiang Chen, who didn't care much about the company, began to work on the company's business.
Although with Xia Shiyu's help, his workload was reduced a lot, there were still a lot of things that he had to do himself.
First, Future International was registered in New Zealand with Jiang Chen controlling 100% of the shares.
There was a benefit to registering an offshore company in New Zealand. As long as the profits weren't generated locally, the annual audit fee would be paid. It was a legal zero tax return, no audit required, and the follow-up was simple. The registration fee was slightly higher than in Xiangjiang, but the annual audit fee was about the same as in Xiangjiang. There would be an audit fee at the bank, but it was only a one-time fee.
As the parent company, Future International quickly controlled 99% of Future Technology's shares. Future Technology became a subsidiary under Future International with CEO Xia Shiyu in charge of operations.
At the same time, with Xia Shiyu's suggestion, Future Technology began to split its business. The global business was divided into several major segments, namely Hua, Southeast Asia, Russia, European Union, Arabia, North America, South America, and so on. They also set up branch offices in each region to manage the business in each region.
Of course, the amount of work required to split the business was massive, and Future Technology's talent pool was also lacking.
For this, Jiang Chen's solution was also very simple – throw money at it!
High salary, high benefits, hire headhunting companies to poach talent from all over the world, and use money to build a team of talent. Compared to Future Technology's low cost and high profit, this level of effort was a drop in the bucket.
For technical talents, working at Future Technology was a very attractive thing in and of itself. The discovery of talent was completed without much resistance.
After completing these tasks, Future Technology's Hua headquarters, under Xia Shiyu's command, moved to Xiangjiang.
At this point, Future Technology's annual revenue of no less than two billion completely bid farewell to Wanghai City's local government.
Although Wang Dehai personally spoke to Jiang Chen on the phone and expressed his sincere apology, Jiang Chen's attitude didn't change in the slightest.
What was the saying? You only know how precious it is when you lose it.
From the moment the Wang family viewed Future Technology as a juicy piece of meat, he should have anticipated this day.
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