Chapter 663: Make the World Different

The Yang Family's move to increase capital and expand shares in Imperial City shocked everyone who was paying attention to Imperial City.

Doing something so irrational, you still increase capital?

Follow or not?

Follow, spend more money, and the future looks grim.

Not follow, the stock gets directly diluted, and the Yang Family's holdings could even exceed the privatization limit.

Although the Yang Family avoided this limit through other means.

But who dares to be sure the Yang Family won't directly push for privatization?

Now the real estate market is booming; who would want to withdraw at this time?

The squids are now dazed by Yang Qihang's move.

"Wang Lin's approach is too risky, and launching so many projects at the same time will definitely heavily impact the market."

"Then, how will they sell them?"

"If they can't sell, won't they lose everything?"

"You say, are they planning to collect rent rather than sell?"

"After all, they're using their own funds, without bank financing."

Everyone fell silent.

"How much money can collecting rent make? The repayment cycle is too long; this will definitely cause Imperial City's stock to crash."

"You say, could the Yang Family just want Imperial City to collapse so they can then privatize it?"

"That's the cheapest way to privatize."

"After all, the Yang Family has a tradition of collecting rent; whether commercial or residential property, they hold tens of thousands of units."

"Just collecting rent each year brings in a lot of money."

"In that case, we definitely can't follow; this is a trap."

"The Yang Family is breaking the agreement."

"No, they haven't broken it; we can choose to follow, and as long as we keep up, they won't get enough shares for forced privatization."

"This is his open plot; he calculated that we wouldn't increase capital."

"Will you increase capital?"

"No, no; collecting rent is a losing business, the payoff period is too long, it can't possibly support the current stock price."

"So, this is their open plot; they've figured it out. Let's find a chance to dump our shares."

"When they start presales, that's when Imperial City will crash."

As the contract was signed and funds came in, the squids showed no reaction.

The Yang Family instantly became Imperial City's super major shareholder.

Afterwards, Wang Lin unveiled his grand construction plan.

Imperial City's stock plummeted instantly, dragging down Hong Kong's real estate stocks, and Gangdao housing prices began to fall.

A single decision by Imperial City can be said to have harmed half of Gangdao.

Everywhere there are people cursing Wang Lin.

Wang Lin couldn't care less; all he wants to do now is frantically build.

Faced with Imperial City's frantic construction, other real estate companies had to slow their steps; prospects unclear, so new projects were temporarily rejected.

Unbeknownst to them, due to other developers' silence, the real estate market began to slowly recover.

But before Imperial City's presale, nobody knew what the future would hold.

So they still dared not lightly develop new projects.

Even some developers took the opportunity to hoard land, not developing, just waiting for appreciation—doesn't that sound good?

The later they develop, the more they earn.

Li Changjiang is one of them.

Time flew by.

Soon, Imperial City began presales.

Imperial City's old rule: keep half, sell half.

Upon seeing Imperial City's price, many people snapped, "You're fucking crazy, selling at over fifty thousand per square meter."

You know others only sell for over ten thousand.

A large amount of media gave Imperial City a pessimistic judgment.

They believed Imperial City couldn't sell even a few units.

Imperial City is doomed.

Imperial City's shares plummeted again.

Yang Qihang here is happily collecting stocks, already 100% certain that Yingjiang is heavily dumping Imperial City.

What are we waiting for? Grab them while they're plummeting.

Although he doesn't know if Wang Lin will succeed, taking back Imperial City is more exciting than making money.

A few days later.

Imperial City began its first presale.

Under the circumstance that Gangdao's populace held pessimistic sentiment.

In one morning, two thousand units sold out.

How is this still hot?

No way, it's so expensive; which big fool would buy it?

It must be cheating.

Nowadays, Gangdao developers indeed commonly engage in fraud.

Imperial City indeed falsified things: of the two thousand units released, one thousand were for show, bought by people they arranged, and then resold back to Imperial City.

As for the remaining one thousand units, they didn't release them all at once; initially they only released one hundred.

Who would have thought that as soon as they opened, the employees of the Yang Family Group bought them up themselves.

The employees' enthusiasm for supporting Imperial City was strong; people like Mao Ying and Li Xiaolong each bought two units.

It was just to support Imperial City.

But then things changed; a large number of wealthy people flooded into Imperial City.

They didn't care about money at all; they only cared that this thing was expensive and unique.

Gangdao has too few top-tier luxury homes, and they're all concentrated in the hands of the bigwigs.

Ordinary wealthy people have few choices.

Just think about how many members Capital Gate Club has, and you'll understand how huge the demand is.

Although there are some luxury home projects, compared to Imperial City's projects they are simply inadequate and too ordinary.

The booming sales left many people speechless.

The squids were also dumbfounded.

"Could we have misjudged? The Yang Family have never failed before; how could they make such a big mistake?"

"Quickly buy back the stocks."

"It's no good; Imperial City's shares have surged, and we can't get our stake back."

"Or should we grab the stake?"

"Or maybe we shouldn't; it's already gone up, and Imperial City has only pre-sold a portion so far, and they still have a huge amount left..."

"And there aren't many people who can afford luxury homes."

"Later they will definitely face unsold inventory."

"Exactly, exactly, that's the reasoning."

"We shouldn't be fooled by their temporary victory."

"They must have used some means; it's all an illusion."

"For example, these Gangdao developers love to hire people to create a crowd-like scene, fabricating a bustling atmosphere."

"Moreover, they often falsify data, publicly claiming they sold a thousand units when in fact eighty percent is just them shuffling between hands, with no real sale."

"These people are despicable."

"Wang Lin must have used the same method."

"They also have other methods; for example, the remaining units were likely bought by their own people."

"There should be a discount."

"This is also a common tactic of Gangdao real estate companies: internal pricing at seventy percent."

"This analysis might actually be true; we almost got fooled by them."

The squids instantly sobered up.

In fact, with Yang Qihang's investment, Wang Lin can my methods are just too many.

For example, he is no longer in a hurry to sell the houses; he wants to gradually dispose of these properties, even in the secondary market.

With a little more hype, Imperial City's homes will be in short supply (after all, most of the land Imperial City holds is in prime locations).

Gangdao's wealthy people are indeed not many, but not few either.

Especially as the stock market surges, the number of wealthy people will keep increasing...

In the end, the probability of Imperial City selling its homes will be high; even if they don't sell, keeping them for rent is also good.

As long as they sell thirty to forty percent, it's a victory.