266 Future International (1/2)
Chapter 266: Future International
Translator: _Min_Editor: Rundi
The Xiangjiang real estate market was not too hot right now. Although the price remained elevated, the number of sales was gradually decreasing and has recently hit a new low of 17 per month. What made it even worse was that Li Jiacheng, who had single-handedly pushed the Xiangjiang real estate market to its peak, had begun to sell his real estate assets for cash.
The perpetrator of this has already smelled a dangerous signal. How would the other real estate developers not sense it?
Once the interest rate returns to normal, the Xiangjiang real estate market would face immense pressure, the possibility of the ”freefall” in 1997 was not out of the realm of possibility.
The bubble created by the insane construction of buildings put the cash flow of all real estate developers in an extremely tight situation, Nanfeng real estate was no exception.
The office building located in Kowloon had a cost of 1.2 billion HKD, typically speaking, a fair price would be three billion. But for Chen Wei who needed the money to alleviate the pressure on cash flow, he could not wait any longer.
Granted, he was not a decent businessman, but with the legal system and its implementation becoming perfected by the day, most of his businesses have been transformed into legal ones.
Jiang Chen buying this building definitely gave him some breathing room.
With the deal being successful, Chen Wei was naturally ecstatic as he warmly invited Jiang Chen for lunch.
Jiang Chen didn’t reject the proposal as they went along to the Felix restaurant on the 28th floor.
On the dinner table, the two chatted and joked about their encounters around the world.
”How is Robert doing?” As they chatted, the conversation turned to Robert.
”The same old. He has transitioned his business already. The way he described it was playing with Hollywood girls. Did he not tell you?” Jiang Chen laughed.
”I left the industry earlier than him and became legal five years ago. I didn’t imagine that the lunatic that dared to sell anything also left the game,” Chen Wei exclaimed.
”Lunatic? Haha, a fitting name for that guy. Five months ago, he was caught by the IS in Iraq and almost had his head chopped off.
”Iraq. He certainly has the guts. Speaking of this, how did you two meet?” Chen Wei asked curiously.
Regardless of which perspective, Jiang Chen was a law-abiding businessman, he shouldn’t have the opportunity to meet the smuggling middlemen.
”We met in Iraq, I saved his life.” Because there was nothing to hide, Jiang Chen shrugged.
Chen Wei was confused at first before he started laughing and raised his wine glass.
”How disrespectable of me. I thought Mr. Jiang was a law-abiding businessman, but Mr. Jiang has a secretive side too. Cheers.”
To be able to save someone from the hands of the IS, he must have had some connections with the hidden international mercenary groups. The security companies on the surface would usually not take any tasks that would endanger their own lives.
When he thought about this, Chen Wei couldn’t help but exclaim in his mind, he underestimated this guy.
But he still underestimated Jiang Chen. He couldn’t fathom that it was not the mercenaries that saved Robert, but Jiang Chen alone.
”You are over complimenting me,” Jiang Chen said humbly.
”Did he stop because of the IS?”
”Not exactly. Mostly because the FBA had an eye on him. He was rather unlucky because it was the FBA’s ploy that led to him being captured by the IS.”
”FBA… True, if the government decided to intervene, then he must exit the industry,” Chen Wei exclaimed.
”Is Mr. Chen’s transition also the result of the government?” Jiang Chen smiled.