Chapter 580 Withdrawal of large sums of funds
Lu Jiaxin originally thought that it would take at least a month or two for the more than 400 houses to be sold, but she did not expect that they were sold out in just over half a month. Among them, more than 150 houses in Diligende Pavilion were the first to be sold out.
Lu Jiaxin has a deeper understanding of the Hong Kong real estate speculators team.
Chen Ming reported to her the sales situation, among which the Diligende Pavilion mansion was sold for 3.2 billion. When I bought it, I paid 30% down payment, and the remaining 70% was a bank loan. Because there is still a piece of land left unsold, Xinxin Real Estate paid back 1.3 billion to the bank, and there is still 400 million left to pay, which means that the Diligende Pavilion project has withdrawn 1.9 billion of funds. A total of high-end apartments and houses in Sham Shui Po and Causeway Bay were sold for NT$2 billion, bank loans of NT$880 million were repaid, and NT$1.12 billion was withdrawn.
Lu Jiaxin calculated in her mind that the properties sold this time would bring back a total of 3.02 billion.
Chen Ming nodded and said: "Yes, the withdrawn funds are 3.02 billion. There were originally 190 million on the account. Now the company has a total of 3.21 billion on the account."
They are a property leasing company, so they only need to have a turnover of tens of millions in their accounts. So these funds will be transferred away soon.
Lu Jiaxin asked: “How much did it cost and how much did it earn?”
Chen Ming said with a smile: "For the Diligende Pavilion project, excluding the subsequent taxes and other payments, we made a net profit of 1.02 billion from the two luxury buildings."
I have to say that the boss is really discerning. He has made so much money in less than a year. Although it is said that it is riding on the momentum of skyrocketing real estate, luck is also a kind of ability.
“What about the other two properties?”
Chen Ming is well aware of the situation of these properties: "These two projects in Sham Shui Po and Causeway Bay have made a net profit of HK$810 million."
The properties in Sham Shui Po and Causeway Bay were bought two years ago and have more than doubled. However, the interest will increase over time.
After hearing this, Lu Jiaxin couldn't help but think of a saying she often heard in her previous life: the poor get poorer and the rich get richer. For the project like Diligende Pavilion, she actually paid 30% of the down payment and borrowed the rest from the bank. But in less than a year, the house has increased by more than 65%. After deducting the interest, the increase is pure profit.
Hong Kong City stocks liquidated 1.57 billion yuan, and the Nikkei Index withdrew funds of 1.35 billion upon expiration, totaling 2.92 billion Hong Kong dollars. Xiaori and Star City Nikkei indexes also closed positions at maturity, with a total of 3.16 billion green coins withdrawn.
After all this, Lu Jiaxin found that it was easier to make money by engaging in finance. Xinxin Real Estate's three projects, one earned 810 million yuan in two years, doubling the profit; one earned 1.02 billion more in one and a half years, with a profit rate of 56%. But she was long the Nikkei stock index, which more than eightfold in one and a half years.
Chen Ming saw that there was no joy on her face, and his heart twitched: "Boss, is there something wrong?"
Lu Jiaxin came to her senses and said with a smile: "You did a great job. Everyone worked overtime this month to sell the property, and the bonus was doubled."
Chen Ming likes bosses like Lu Jiaxin who do more and get more, rather than like some bosses who like to spread the pie. Big cakes can only quench thirst but cannot really fill the stomach, so he decisively ran away from the previous company. And Lu Jiaxin not only gives high salary, but also dividends at the end of the year, and extra bonuses for good work.
After leaving Xinxin Real Estate, Lu Jiaxin said to Yan Yijun: "Go to Wansheng Real Estate."
"good."
After Yan Yijun arrived, he asked Gu Wenfeng for advice and followed his advice to familiarize himself with the route to the port city. He has his own way of remembering things, so he knows the route of the port city very well.
Wang Yadan's heart skipped a beat when she saw Lu Jiaxin's serious face. Miss Lu always smiled every time she came here before. What happened this time? Could it be that the boss was caught eating out and Ms. Lu came to settle the score with him?
Thinking that Nie Zhan usually stayed away from other women, she quickly shook off the messy thoughts in her mind. Stepping forward, Wang Yadan said cautiously: "The boss is talking to Manager Zhu. Miss Lu, please wait here for a while." "You call him and tell him I'm waiting outside."
When Nie Zhan heard that Lu Jiaxin was waiting outside the office, he immediately ended the conversation with Manager Zhu, and then came out to welcome the person in himself. As for everyone else, they are blocking out the office.
Seeing that she looked unhappy, Nie Zhan said doubtfully: "The real estate market has been so good in the past two years. Diligente House has made a lot of money, and several buildings in Sham Shui Po and Causeway Bay should also have made a lot of money. Why are you still not happy?"
Lu Jiaxin said: “These three projects made a total of 1.83 billion.”
Nie Zhan's estimated profit is not much different from this figure: “Why are you still not happy after making so much? Could it be that the senior management of Xinxin Real Estate is dishonest again?”
Lu Jiaxin shook his head and said: "No, I found that my mentality was not right. I have been long the Nikkei Index for more than a year. Do you know how much I made?"
“You made several times the profit, right?”
Lu Jiaxin said: "Almost nine times, this is when I am very conservative. If it is as radical as the stock market crash, I will earn more. I had a terrible idea at that time, if I use all the money to go long The Nikkei is just fine.”
She deliberately kept a straight face, not because she was angry, but because she was a little scared. Now that she is so rich, she actually has a greedy heart. Human desire is really a terrible thing.
Nie Zhan smiled when he heard this: "Desire is something that everyone has. You just need to realize that something is wrong and you can restrain it. The financial industry can make people rich overnight, and it can also make people lose their money and leave their families overnight. We can invest Financial products, but you can only use part of them, not all of them.”
He knew that Lu Jiaxin had spent three to four billion green coins to develop financial products. Compared to Lu Jiaxin's total wealth, this only accounts for one-fifth or sixty-sixth, which is acceptable, so I have no objection.
Lu Jiaxin said: "I now understand why those people spend all their money and even borrow loan sharks to speculate in financial products. It's like having an addiction. At that point, you can't control yourself."
She felt that she was addicted to gathering the wool of her childhood. Well, if you are addicted, you are addicted. Anyway, I have to keep eating. Go long now and go short later and make a lot of money, perfect.
Nie Zhan thinks she is very sensible. Some people are really addicted to it: "Don't worry, I will supervise you and I won't make you addicted."
A smile appeared on Lu Jiaxin's face: "Let's go out to eat tonight! I want to eat French food. I wonder if Feng Qinglei has any dishes that I like?"
Nie Zhan thought this matter was very simple. He only needed to make a phone call to find out: "Yes? That's okay. I'll go there with Jia Xin in the evening. We'll be there at six o'clock."
Just having a big meal is not enough, Lu Jiaxin also wants to travel. She has been busy since the second half of last year and needs to go on vacation to relax.
Lu Jiaxin said: "We haven't gone out together for a long time. Please spare a week for us to travel."
Nie Zhan responded with a smile: "We will go after I arrange the company's affairs."
(End of this chapter)
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