The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce

"I propose that from now on our stock market be prohibited from being shorted, and short selling of stocks is prohibited!"

Several major chaebols present were whispering to each other.

Li Zairong’s eyes were complicated. It was here for more than ten years that they unanimously passed the long-term rental policy.

This policy, at the beginning, indeed brought about a boom in the cold country's economy.

Many multi-asset families took the huge deposits they received from tenants and began to attack the real estate and stock markets.

Wang Duoyu's house management software has also entered thousands of households in the cold country, and has even become popular in Europe and the United States.

Li Zaiyong witnessed the glory of the real estate management APP. As housing prices in Han and other countries reached prehistoric peaks, the real estate management APP was not only successfully listed in the beautiful country, but also listed for the second time in the cold country.

This also makes Wang Duoyu the biggest beneficiary of the long-term rental policy.

After going public, Wang Duoyu began to cash out many times. As the founder, he completely disappeared from the board of directors last year.

This is where the Wang family's father and son are so clever, they can always get out of the crisis before it breaks out.

Just when Wang Duoyu gradually disappeared from everyone's sight, long-term rental housing brought negative effects, which finally broke out this year!

The first thing that felt that this game was unplayable was the big landlords. They found that the occupancy rate of the redundant houses was very low.

You can't find a tenant even if you live for free.

Without tenants, they naturally cannot receive high deposits.

They couldn't receive the deposit, and the interest brought by high leverage was beyond their ability to bear. They calculated their accounts, and all they could do now was return the deposit and sell the house, and maybe there would be a glimmer of hope.

But as a real estate speculator with a large deposit in your hand, will you choose this step?

Wouldn’t it be better if I just take the deposit and go abroad to start a new life?

When selling a house, you also have to bear the risk that the house will be taken away by the bank if it fails to sell.

Feeling the crisis coming first, they chose to buy air tickets quietly and left the cold country with a large deposit.

Don't ask me how they transfer funds. There are so many ways for rich people in this world to transfer assets.

With the remaining deposit, they bought a house in the beautiful country and applied for a green card. They could never return to the country for the rest of their lives.

You may ask, won’t Hanguo officials apply to repatriate them?

Of course not, and I don’t have the power.

The first person who had a dispute with him was the tenant. The tenant borrowed money from the bank and gave the landlord a high deposit.

It is the financial institution that then lends the landlord money to continue buying the house.

This is entirely a civil dispute. The United States sees these people coming to settle down with large sums of money, and it is too late to encourage them. How can they repatriate them?

The most famous example is Jia M from LeTV. If he doesn't return home for a day, what can you do to him?

As for the tenants who wanted to find their landlord to check out, they found that their landlord had disappeared.

Also disappearing was the 70% deposit they paid!

Banks and financial institutions cannot find landlords who are able to make money abroad, so they can only attack poor people who rent their houses.

Because they are the ones who borrowed the money to pay the deposit.

Who are these people? They may be a glamorous white-collar worker of a company, a senior executive of a listed company, or a slightly famous idol star.

They are all people who cannot afford housing prices in big cities.

Fortunately, if you get a loan from a formal institution, at least your general human rights will be protected.

You can pay back the money slowly, and you will be able to pay it back one day, right?

You may ask about the house. The landlord took my deposit and ran away. The house should be mine.

Sorry, it's from the bank.

As creditors, banks always have priority over individuals.

Seeing the huge debt they had inexplicably incurred, the victims quit.

They stopped paying interest in anger.

Dare to stop and wait for the lawsuit.

In just a few months, the entire cold country's economy was on the verge of collapse.

Soon it spread to the cold stock market.

At this time, the chaebols who had made a lot of money were a little restless.

As the stock market continues to fall, their wealth will also evaporate.

Foreign institutions are taking advantage of this to make crazy shorts. As local indigenous people, it is impossible for them to give up such a large industry.

So they opened the chaebol meeting again to decide how to go next.

Thinking of this, Li Zaiyong raised his hands and said:

"I support the ban on short selling. All those who short-sell our stock market are guilty. We ask the official to make clear their attitude and crack down on vicious short-selling!"

The others looked at each other and expressed their attitudes.

The next day, Hanguo officials issued a ban on shorting the stock market.

As soon as the ban was announced, the stock market, which had been falling for several months, experienced a surge.

Seeing this, Wang Duoyu made a call to Robert from Cayman Capital.

"Uncle, the plan was very successful. Our opponents may be crying."

"Duoyu, I suggest you continue to buy shares in the housing management app."

……