Chapter 780

At noon, company canteens, tea restaurants, and every household turned on the TV.

Citizens rarely had a lunch break, eating while watching the news.

"Dear citizens, good noon..."

"Since the national treasure pandas 'Jia Jia' and 'An An' arrived in Hong Kong yesterday, they have quickly become the focus of Hong Kong, and their heat continues to soar."

"At 10 o'clock this morning, as soon as Ocean Park opened, the scene instantly went out of control, and countless citizens came to the park like a tide, just to witness the cute appearance of the pandas for the first time."

The camera gave to the entrance of Ocean Park, a large number of tourists.

Subsequently,

the camera switched to the panda pavilion, queuing in a long, long line.

"Because there are too many viewers in the panda pavilion, queuing fences were opened, and tourists need to wait for more than 20 minutes to enter the pavilion to watch..."

"Below, is a clip inside the panda pavilion..."

The camera continued to switch to the panda side,

An An's rolling up and down...

Jia Jia was hugging the leg of the poop-scooper tightly, acting like a spoiled child and refusing to let go...

In front of the TV,

many young people couldn't help but scream excitedly:

"Ah ah, this An An is too cute, how can it be so lively!"

"And this Jia Jia is also too cute, the pitiful action of hugging the leg is simply melting my heart."

"The two pandas are too cute."

The whole of Hong Kong, at this moment, was cute by these two pandas.

In the afternoon,

the tourists in Ocean Park ushered in a surge.

A new day,

This time, the front page of Hong Kong newspapers continued to give to the panda side.

On the large photo, Jia Jia's appearance of hugging the poop-scooper's leg was cute, and An An's lively energy of climbing up and rolling down on the slope was vividly on paper.

"'Rolling' charm continues, the whole of Hong Kong is crazy for pandas"

"Xiong Mao fever sweeps through Hong Kong, heat remains high"

In the streets and alleys, the newspaper stalls were bustling, and citizens took out money one after another...

Soros Fund Company,

"Another day the headline was snatched!"

Rodney Jones sat in the spacious and bright office, the newspaper on the desk in front of him was crumpled, and the morning news played on the TV was also news about pandas, and the cheerful reporting sound was extremely harsh in his ears at this moment.

"Look at pandas! Look at pandas!"

"Are pandas that good-looking?!"

The complexion is not good!

He finally managed to connect these real estate developers to create momentum for the real estate market.

In terms of media, he also spent money, releasing real estate-related positive news continuously according to the plan, touting from all angles that housing prices were about to rise sharply, stimulating citizens to invest in real estate.

But now, all the heat, all the eyes of the citizens, were sucked away by those two pandas from Sichuan.

"I don't believe it..."

The next day,

"How is it still pandas!"

The third day,

"Pandas again?"

The fourth day,

"Bang~~~~"

"Are they succubi?!"

A week passed, the heat of pandas in Hong Kong did not diminish at all, attracting more citizens to watch, many students went back and boasted in class, causing other students to ask their parents to see pandas one after another.

The two pandas, with all kinds of strange, cute, and cute behaviors, had already become the most dazzling "stars" in Hong Kong, deeply integrated into the lives of citizens, bringing endless joy and warmth to this prosperous city.

And the panda dolls from the mainland were sold out.

Soros Fund Company.

Rodney Jones lay powerlessly on the sofa, looking at the ceiling with empty eyes.

"Tired, destroy it!"

In a flash, it was late May, and the temperature in Hong Kong was getting hotter and hotter, but it rained from time to time, bringing the temperature in Hong Kong to a comfortable temperature of 28-32 degrees.

After nearly 2 weeks of heat, the heat of the two pandas finally returned to a normal level.

And at this time,

the Soros Fund company finally "seized the opportunity" and officially vigorously promoted the real estate housing price bubble plan.

"Finally no pandas!"

"Rush!!"

May 21st,

The "South China Morning Post" reported a front-page headline: "Hong Kong's land resources are exhausted: New housing supply will plummet by 50% in the next 10 years!"

With a sensational headline, it rendered the scene that Hong Kong's land resources were about to be exhausted and the new housing supply would fall into a desperate situation in the next 10 years.

The article piled up various seemingly professional data and analysis, claiming that due to the excessive expansion of urban development, available land was increasingly scarce, and the number of newly built houses in the next ten years would be reduced by half, creating an atmosphere of extreme tension in housing supply.

May 22nd,

Another newspaper reported: "After '97, a large number of mainland tycoons will flood into Hong Kong to buy houses, and luxury home prices may double within the year!"

The article analyzed that after '97, Hong Kong and the mainland would be connected, and with Hong Kong's high-quality financial resources and international window resources, it would inevitably attract a large number of mainland tycoons to rush to buy luxury homes in Hong Kong, even predicting that luxury home prices would double within the year.

Guiding readers to produce a panic psychology that Hong Kong's real estate market was about to be hyped by mainland funds, stimulating citizens to produce anxiety that "if you don't buy it, you will never be able to afford it," and thus couldn't wait to join the house-buying army.

May 24th-28th,

HSBC, Standard Chartered, and some asset management companies issued some data reports one after another.

HSBC report: "Hong Kong's residential vacancy rate is only 8%, supply and demand are seriously out of balance!"

The report deliberately significantly lowered Hong Kong's residential vacancy rate, making the public mistakenly believe that housing in the market was extremely scarce, and the situation of supply falling short of demand had reached a precarious point.

At the same time, Standard Chartered produced a report: "Hong Kong's per capita living area is only 5m (actually 15m), and with the economic improvement, housing demand is about to explode!"

And claimed: "Prices are about to soar, if you don't buy, it will be too late..."

These reports used a large number of professional terms, such as "vacancy rate statistical model," "per capita living area assessment system," etc., making it difficult for ordinary citizens without professional knowledge to distinguish between true and false.

These false data further strengthened the public's cognition of housing tension, as if Hong Kong had fallen into a dilemma of serious lack of living space.

In the blink of an eye, time came to June.

In order to further promote public opinion, the Soros Fund company bought some so-called economic experts.

Originally, they wanted to put programs on TVB and ATV, but they were rejected.

Finally, the Soros Fund company concentrated on reporting the predictions of experts in media newspapers and radio stations.

The experts boldly predicted:

"Hong Kong housing prices will definitely exceed Tokyo in the next 5 years!"

"If you don't buy a house now, the full payment will become a down payment in 5 years!"

"Buying is earning for a few years, not buying is losing for a few years!"

The speeches of one economic expert after another attracted the attention of many fans and viewers, making many people start to worry, setting off a wave of panic, and many citizens who were originally hesitant, under the influence of these celebrity remarks, started to waver, considering whether to buy a house as soon as possible.

These are not enough.

The Soros Fund company doesn't move if it doesn't move, and if it moves, it naturally goes all out.

They, together with real estate developers, HSBC, Standard Chartered, etc., carried out false trading operations of "left hand to right hand" in the real estate market.

Taking a property in Hong Kong as an example, someone bought the property for 10 million Hong Kong dollars under instructions. Subsequently, the second person "took over" at a price of 12 million Hong Kong dollars in a short period of time.

Through this seemingly normal transaction process, it is actually constantly artificially raising housing prices, creating the illusion that housing prices in the area are soaring continuously.

The owner saw the news of soaring housing prices recently, and then saw the high prices of houses nearby, naturally adding prices one after another.

There were even buyers who had negotiated the price to buy, but the owner temporarily increased the price by 500,000 or 1 million.

Such things happened more and more.

Uninformed buyers saw housing prices rising continuously, worried about missing the house-buying opportunity, and were in a hurry, so there were more people looking at houses, and more people looking at houses led to owners feeling that housing prices would definitely sell well, so they hurried to increase prices...

Just like this, housing prices were pushed up step by step.

As the real estate market became hot,

HSBC, Standard Chartered, and several other foreign banks, under the promotion of the Soros Fund, launched a very tempting "ultra-low down payment plan" in the Hong Kong market.

Buyers only need to pay a 5% down payment to start the house-buying journey, and in the first 3 years, the loan interest rate is as low as 0.3%, which is far lower than the average loan interest rate in the Hong Kong market at that time.

"This is the most cost-effective loan you can get in your life!"

"What are you still hesitating about? Rush rush rush!"

"Want to make money, go crazy!"

This move attracted a large number of citizens who were not financially well-off but eager to own a house to take out loans to buy houses.

Of course, this part of the loan is a high-risk thing, and banks like HSBC and Standard Chartered know it well, so they package these loans into financial derivatives, such as Mortgage-Backed Securities (MBS), and resell them to international investors.

This operation mode can transfer risks layer by layer. Once the real estate market fluctuates and buyers cannot repay loans on time, these international investors will suffer huge losses, and Hong Kong's financial system will also face severe challenges. (Similar to the subprime mortgage crisis in the United States in 2008)

Thought this was the end?

Not yet!

The Soros Fund company organized house-speculation groups through various banks and various channels, providing high-leverage funds for house-speculation groups.

After the house-speculation group obtained high-leverage funds, they bought a large number of properties in a short period of time. Then they adopted a fast-in and fast-out method, selling quickly when housing prices rose slightly, artificially creating the illusion that housing prices in these areas were soaring.

"A conspiracy~~~"

"Didn't expect that I would also have a day of being used by a conspiracy..."

Central Plaza, top floor, Director Director Director Guan Zu Zu's office.

Director Director Director Guan Zu Zu stood in front of the floor-to-ceiling window, looking at the buildings, Victoria Harbour, Kowloon... outside the window with deep eyes.

His mind kept thinking about how to break the situation. Recently, news about housing prices had topped the newspaper headlines for fourteen consecutive days.

Hong Kong stock news was eclipsed in front of it.

This was the first time Director Director Director Guan Zu Zu felt the pressure of the general trend rolling in.

Did he have any way to resolve this real estate bubble crisis?

The Five Star Group had held several meetings, but they didn't find any good way.

The demand for houses was right there.

Everyone wanted to buy a house.

Everyone was afraid that the house would be higher later, the full payment would become a down payment, or even couldn't afford it.

Use the approval rating to call on citizens not to buy houses?

At least now the citizens buying houses were benefiting; if he called on them, he would be an enemy of the people, using it once, hurting once.

Not cost-effective.

"Since I can't think of a way in the office, then go to the masses..."

"Maybe I can find a way among the masses."

Thinking of this,

Director Director Director Guan Zu Zu called Wu Lianqian, Ding Hu, and Ah Xing to go downstairs.

In the car,

Ah Xing: "Brother Zu, where to?"

Director Director Director Guan Zu Zu: "No purpose, just wandering... forget it, go to Huang Daxian."

Believe in science!

The car drove all the way, passing through streets, bustling streets, bustling pedestrians, everywhere telling Director Director Director Guan Zu Zu the prosperity of Hong Kong at this time, completely different from the desolation of 2025 in the future.

Unknowingly, he arrived at the Causeway Bay subway entrance.

Director Director Director Guan Zu Zu looked at the subway entrance and saw many sales staff handing out flyers.

There were also sales staff holding signs, which read:

"Buy a house now, tomorrow the price will be higher!"

"If you don't buy today, you'll slap your thighs later!"

"Housing prices rise every day, buy early and it's cost-effective!"

"A house in hand, wealth follows!"

"Buy now, double it by the end of the year!"

"Don't wait and see, buy and earn steadily!"

Each sentence was very inflammatory!

Director Director Director Guan Zu Zu called Brother Da Tou.

"Hey, Brother Zu~~"

"Recently, at the subway entrance and on the side of the road, are there many real estate agents promoting?"

"Yes, they appeared in large numbers recently."

Director Director Director Guan Zu Zu nodded: "Good..."

After hanging up the phone,

the black Chevrolet continued to drive towards Huang Daxian Temple.

An hour later,

Director Director Director Guan Zu Zu walked out of the Huang Daxian main hall, gaining nothing.

Huang Daxian didn't give a hint; sure enough, one should talk about science.

"Go..."

Director Director Director Guan Zu Zu left Huang Daxian and got into the car.

Ah Xing: "Brother Zu, where to now? Go back?"

Director Director Director Guan Zu Zu: "No destination, just drive randomly... go around the New Territories..."

Ah Xing: "Good~~~"

The car continued to move forward,

Director Director Director Guan Zu Zu's gaze looked along the streets on both sides all the way.

Just when passing a building, Director Director Director Guan Zu Zu was stunned.

"Chinese Men's Apartment"

Memory revived.

This was a subdivided flat building, and it was also the place that promoted Director Director Director Guan Zu Zu to establish the Sunshine Community.

Now this subdivided flat was empty, and a year of wind and rain made it a bit dilapidated, and the "Chinese Men's Apartment" sign was even a bit shaky.

This building was rotten.

Rotten... wait!

Director Director Director Guan Zu Zu had a flash of inspiration, and a look of joy appeared on his face.

That's right, rotten building!

What is the underlying logic of the Soros Fund's plan to push up real estate? ————Not enough houses to live in!

How to break the situation? ————Provide enough houses!

The difficulty is? ————Land supply is limited! And new houses are not that fast, not that many!

Therefore, the way to break the situation is in this rotten building.

The rotten building is only rotten on the surface, not the main structure.

As long as the main structure is well maintained, repair the exterior walls, interior walls, replace water and sewage pipes, elevators, fire systems, tap water systems, gas pipeline systems, power systems...

It can quickly take on a new look.

It is much faster than building a building.

If it's fast, it can be done in half a year.

And are there many old buildings in Hong Kong? Very many, because Hong Kong developed early, and there are very many old buildings.

However, this point is not enough.

Plus one more point: land support in policy!

1+1, enough to restore citizens' confidence that housing prices will not soar.