The next day, the renovation and cleaning of the old house entered the final stage.
Su Changqing and Su Yao's parents were helping Lin Rui with the final tidying up.
Lin Rui went to a newly established development zone in the suburbs of Shanghai early in the morning.
This development zone was called Yanghe Development Zone.
It was a key development project planned by Shanghai this year.
The Yanghe area was located at the junction of the two provinces. Its geographical location and traffic environment were very superior. The city planned to build a subway that would directly connect the two provinces next year, so there would be many residential buildings and large shopping malls here.
Wanfeng International, a leading real estate company in Shanghai, had received news from the Planning Bureau last year. It had spent a lot of money to buy commercial land in the Yanghe area to build residential buildings and shopping malls.
Currently, the development of real estate projects was in full swing.
However, some time ago, there was a rumor that several real estate projects invested by Wanfeng International in the Yanghe Development Zone had been partially shut down due to insufficient capital supply.
Although this news was leaked, because Wanfeng International's management responded in time, it did not spread in the real estate market.
Yesterday, Lin Rui heard some of the shareholders discussing this matter in the exchange.
Lin Rui had long seen that Wanfeng International was in a debt crisis because it had spread its business too far. Therefore, Lin Rui felt that there was something he could do.
With the stock price plummeting and the accumulation of negative news, Xu Haonian definitely did not dare to let the Yanghe Development Zone project continue to stagnate.
The banks and investors would definitely tighten their monetary policy because of the news of Wanfeng International's stock price plummeting. Therefore, Wanfeng International was at its most desperate moment.
In a situation where they were short of money but could not stop work, reducing raw materials and delaying the wages of migrant workers became the only way for the construction teams under Wanfeng International.
Once the raw materials were reduced, there would definitely be quality problems.
This was a dilemma faced by many real estate companies. Even if Wanfeng International was a huge real estate company, it could not escape this industry dilemma.
His old friend Tony had already given Xu Haonian a heavy blow yesterday with the help of the chief financial analyst of the CTFC, Richardson. The stock price had fallen by 7% yesterday, and the situation would definitely continue to fall today.
Lin Rui didn't need to pay attention to the stock market today to be sure that Wanfeng International's stock price would definitely fall today. It was obvious that it would fall below 10%.
Tony's specialty was financial data integration, so Tony's use of the relationship with the CTFC to attack Wanfeng International was a method he was good at. The next method Tony might take was to continue to use the fishing vessel to fan the flames and continue to attack Wanfeng International through financial and management loopholes.
This method was equivalent to injecting a slow-acting poison into Wanfeng International. Although the toxicity was not light, the speed was slightly slower.
Furthermore, Wanfeng International was the number one real estate company in Shanghai. Attacking it through financial operations would not destroy its core competitiveness.
Therefore, after thinking about it for the whole night, Lin Rui combined the reality in front of him with his own judgment and finally decided to make a trip to Yanghe Development Zone.
He wanted to see if his guess could be verified.
Once it was verified, the next move he would take would deal a fatal blow to Wanfeng International.
The lethality of this attack was enough to make Wanfeng International lose half of its territory.
By the time Lin Rui arrived at a few buildings under Wanfeng International, the construction team had already started.
This meant that Xu Haonian had quickly solved the problem of the suspension of work.
He knew very well that in the current environment, if the development zone project stagnated, it would inevitably cause a chain reaction to Wan Feng International.
As long as they resumed work, Wanfeng International's business would not be a big problem for the outside world.
This was an effective way to stabilize the stock market and investors.
Lin Rui wandered around a few buildings.
He found that there were a few security guards standing guard outside each building.
These security guards did not look like ordinary security guards because there was a certain difference in the figure and temperament of ordinary security guards.
However, the security guards outside these buildings were very consistent in terms of figure and temperament.
This meant that these security guards might have been hired by Xu Haonian from a professional security team.
The goal was to strictly guard against outsiders.
Lin Rui did not choose to enter the construction site directly because he knew that if he entered the construction site rashly, there was a high chance that he would be stopped.
Xu Haonian's actions revealed that there was indeed a certain problem at the construction site.
In the construction industry, there were many phenomena of cutting corners due to insufficient profits and funds.
These phenomena would not lead to various drawbacks before the sale of the property, but once it was occupied for a few years, it would continuously produce some small problems.
Although it was not wise for a big company like Wanfeng International to do so.
However, for Wanfeng International, this was the only way. To put it bluntly, Xu Haonian's current approach was to take risks and survive the crisis. As long as he could make a comeback, even if there were some small negative problems in the real estate in the next few years, it would not hurt him.
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