Chapter 3340
When Su Xinghui heard the news of Jin Fuqiang's arrest, he didn't feel surprised. Jin Fuqiang's fall had a certain relationship with him, of course, but this was also a matter of time. In his previous life, he knew that Jin Fuqiang was also arrested for the crime of manipulating securities trading, just about a year later than now.
Jin Fuqiang was indeed very close to Tang Wenyu, but also because of his relationship with Tang Wenyu, he was somewhat arrogant, so he offended many others, including big shots in Hujiang. These big shots had long wanted to move him.
This time Jin Fuqiang was at odds with Su Xinghui's side again. In order to retaliate against Su Xinghui, they also investigated Hongtu Real Estate and the Mi Group, which made him have many enemies. Under the joint action of so many forces, his fall was an inevitable thing.
Regarding Jin Fuqiang's fall, Su Xinghui's heart didn't have any waves, because Jin Fuqiang deserved it. His fortune started from the financial securities market. He acted as a dealer, used insider information to manipulate stock prices, and didn't know how many retail investors were ruined. It was deserved that he got such an end.
Jin Fuqiang's fall was also a blow to the rapidly rising housing prices. Hujiang's housing prices suddenly slowed down their pace of rising, and even had a trend of falling back, which also made Su Xinghui very gratified.
As for Baozhou's housing prices, they had already started to fall back very early. And those several real estate development companies that were penalized also obediently paid the fines and promised that there would never be the same behavior in the future. At the same time, these real estate development companies also let the persons in charge of the company in Baozhou accept criminal penalties.
After accepting the penalties and carrying out rectification, the real estate projects of these real estate development companies in Baozhou could resume construction. This time, for them, the loss was quite huge.
However, there were also companies whose real estate projects could not continue to be developed, and that was the Fuqiang Real Estate Development Company. After Jin Fuqiang was arrested, the Fuqiang Company was like a tree falling and the monkeys scattering. The Baozhou branch had almost no one working before, and after this incident, their employees scattered even more. In just a few days, not a single one was left.
Because the Fuqiang Company's Baozhou branch had no money to pay employees' wages and severance pay, the employees looted the company's computers, equipment, and other things before leaving, leaving the Baozhou branch in a mess and very embarrassed.
Because the Fuqiang Real Estate Development Company had loans in several banks in Baozhou, these banks sued the Fuqiang Company in court, requesting the court to freeze the Fuqiang Company's assets in Baozhou, and then they would be sealed, confiscated, and auctioned to repay the bank's loans and other debts.
This left a problem, that is, the real estate projects developed by the Fuqiang Company might become unfinished buildings. Su Xinghui naturally didn't want to see unfinished buildings in Baozhou, which was a huge damage to Baozhou's image.
When the Fuqiang Company entered Baozhou, it had a rich and imposing appearance. The several pieces of land they obtained in Baozhou were all in the best locations, and that was also the fastest developing place. In the future, it was very likely to become the center of Baozhou City's new urban area. If there were a few unfinished buildings standing there, how awkward would that be?
Precisely because of this, Su Xinghui absolutely did not allow any unfinished buildings to appear in Baozhou. He must find a way to let someone take over these real estate projects.
However, taking over these real estate projects was not an easy task. Because these plots of land were in good locations, the Fuqiang Company also invested a lot of funds. Therefore, taking over these real estate projects and re-developing them required at least several hundred million in funds. Currently, there are not many real estate development companies in Baozhou that have the strength to take them over.
Now, most real estate development companies do not have much of their own funds. Basically, they maintain their operations through bank financing. Under these circumstances, taking out so much funds at once to take over these real estate projects is easier said than done?
At this time, only Hongtu Real Estate and the Mi Group could help Su Xinghui without hesitation. They agreed to participate in the auction of these real estate projects and would definitely take over the development of these real estate projects. ===== CHAPTER 3342 =====
End of Chapter
