Chapter 50 Post-Investigation
Real estate developers all use financial leverage to obtain loans from banks for development, so there is basically no real estate developer that does not owe money to banks.

Now that banks are tightening their lending, it is difficult to get a loan, but if you have already borrowed money from a bank, you must pay it back when it is due.

Where does the money come from? Of course, it comes from selling the developed properties as soon as possible to recover the funds.

But now the house price is high, how can you sell it? You must lower the price to sell it.

For the same house, you sold it to the owner for 18,000 or even 21,000 yuan per square meter last year, and now you sell it for 6,000 or 7,000 yuan per square meter. The old owners who bought the houses last year will definitely be unhappy about this, because it proves that their houses have depreciated in value. Who would be happy about this?

It is better for those who need to buy a house because of their need to buy it, but those who want to make money from investing in real estate speculation will definitely not agree to this. If they do this, they will lose so much money that they will be left with nothing to wear.

But this is the current market situation. Given the economic situation, there is no reason why investments can only make money without losses. No matter how unwilling they are, they cannot stop the general trend.

Even if they make trouble it will be of no avail. In the end they will either stop paying the mortgage and become a deadbeat, or they will sell the house quickly and get back as much as they can.

Two months passed in a flash. On July 7, the international crude oil futures price broke through $11 a barrel, reaching its historical high.

From May 5th to July 12th, in the two months, due to the participation of major international hedge funds, the battle between bulls and bears in the international crude oil futures market was extremely fierce, resulting in huge price fluctuations in international crude oil futures. Sometimes the price difference within a day exceeded more than US$7 a barrel. Every day, some people became rich, and every day, some people went bankrupt.

It is not uncommon for the price to rise by more than $10 a barrel within a few days and then fall by more than $10 a barrel a few days later.

The most dramatic fluctuation occurred from June 6 to June 4. In just two days, the international crude oil futures trading price soared to more than $6 a barrel.

而7月9日至7月11日，国际原油期货交易价格，暴涨了超过13美元一桶。

It was precisely because of the drastic fluctuations in the market that Yang Hai was able to obtain very considerable profits. In just two months, he made a fortune of more than 27 billion US dollars. This was because during several huge market fluctuations, he directly bought 100,000, 200,000, and even 300,000 shares. It could be said that he took a gamble.

Because he knew that such an opportunity would never come again, so even if it attracted the attention of certain people or hedge funds, he would not hesitate.

In fact, Yang Hai was confident in his heart. Even if he lost all the money in his account, at least he still had more than 50 billion US dollars in his Hong Kong bank account, so he dared to take such a big gamble.

In fact, in the end he made the right bet and won.

In fact, in the oil futures trading war in 2008, many hedge funds suffered heavy losses, and many hedge funds even went bankrupt.

In this magnificent game, both the bulls and the bears were fighting fiercely, and no one noticed that in the distant Eastern country, there was a man like Yang Hai who took the opportunity to reap enough benefits.

After the international crude oil futures trading price reached its peak, Yang Hai decisively closed his position. After resting for two days, on July 7, when the market was about to close on Monday, he went short 14 lots of international crude oil futures.

In fact, the closing price of international crude oil futures trading on Monday was still as high as more than US$143 a barrel, and it almost hit a new record again.

The market sentiment is generally optimistic, and the international crude oil futures trading price will break through US$160 a barrel in the future.

However, they did not know that Lehman Brothers in the United States would declare bankruptcy tomorrow.

The bankruptcy of Lehman Brothers in the United States triggered the collapse of the international crude oil futures market. The international crude oil futures trading price on that day fell below $140 a barrel and closed at $138.75 a barrel.

Two days later, the price fell below $130 a barrel, and 10 days later, it fell below $120 a barrel. However, this was just the beginning. Two months later, it fell below $90 a barrel, three months later, it fell below $70 a barrel, and four months later, it fell below $4 a barrel. By Christmas Eve, December 50, it had fallen to just over $12 a barrel.

They will take advantage of your illness to kill you. Think about these American hedge funds. Of course, they are reaping the benefits of Southeast Asia and hunting down the Hong Kong stock and foreign exchange markets. Yang Hai feels that nothing he does is excessive.

Under the general trend, the major hedge funds in the United States that were long on the international oil futures trading price can be said to have suffered a crushing defeat and are simply unable to organize a decent counterattack. No matter how much money they put in, it will not be enough to fill this hole.

During these two months, Yang Hai has been leading a very busy life, often staying up late to follow the changes in international crude oil futures trading prices. With so much money involved, it would be a lie to say that he is not worried.

Even if he loses, he won't lose everything. He has several billion dollars in savings, which is enough for his future development.

But who would complain about having too much money? If you can earn more, of course you want to earn more, and if you can lose less, of course you want to lose less.

The resettlement work for the Xichuan earthquake is proceeding in an orderly manner, and post-disaster reconstruction work has also begun.

However, people from relevant departments still noticed a very special situation. Although many schools suffered severe damage, most of the teachers and students in the schools were safe and sound, and the casualties were very small.

After investigation, we found out that it was an organization called Huasheng Charitable Foundation that suddenly launched a large-scale donation campaign to all schools in several counties around the epicenter that were hardest hit by the disaster.

All schools were required to hold a grand donation ceremony, and all teachers and students were required to be present and gather in open places such as the school playground. The time chosen for the grand donation ceremony was set at 14: p.m., which coincidentally avoided the time when the earthquake occurred.

It is precisely because of this that the teachers and students who gathered in open places such as the school playground square were very lucky to escape this disaster.

If not, with the school buildings collapsed, it would have been difficult for most of the students in those schools to survive.

Because all the primary and secondary schools and kindergartens in several counties have received donations from the Huasheng Charity Foundation, although the population density of the counties around the town is not large, they still have a total population of several million.

There are thousands of primary and secondary schools and kindergartens, and the amount of donations involved has reached more than ten billion yuan.

In addition, the Huasheng Charity Foundation also transported a large amount of relief supplies to the disaster area as soon as possible after the earthquake. The total amount of donated supplies reached several hundred million.

However, the name of Huasheng Charity Foundation was not on the published list of donations to the disaster area, which is very abnormal.

However, there is a reason for this, because the donations to various schools took place before the earthquake, and the donated earthquake relief supplies were also directly delivered to the disaster areas, so they were not included in the list of donations to the disaster areas.

According to incomplete statistics after investigation by relevant departments, the total amount of donations and materials donated by Huasheng Charity Foundation this time reached nearly 20 billion yuan.

PS: Thanks to my book friend Financial Hunter for the reward of 400 Qidian coins.

Thanks to book friend 198215dai for the reward of 200 Qidian coins.

In addition, thank you for your support through monthly votes and recommendation votes! I wish you all a happy May Day! Have a pleasant holiday.

(End of this chapter)