Fake Husband of the Glamorous CEO-Chapter 46 - 0: You received a transfer of 90 million yuan.

Chapter 46: 046: You received a transfer of 90 million yuan.

"Fifty million? You actually invested fifty million in one go?"

Several local tycoons from Jiangcheng turned to look at Qin Li and his two companions.

They thought these three second-generation rich kids who had returned from abroad were even more foolish!

"You would have been better off investing that money with us in real estate, although it’s now a sunset industry, there’s still profit to be made."

They chattered all at once, looking like experts dispensing their wisdom.

"The reason those big players didn’t make money is because they were caught in early malicious bidding that drove up land costs, coupled with bank loan interest and the draining duration of the construction projects."

"All we need to do is follow Mr. Wei and get insider information on land bidding prices, get the land at the lowest price, avoid loans, have enough development funds, quickly finish the buildings, and sell them off at reasonable prices for the fastest presale."

Curious, Qin Li asked, "What’s the profit margin?"

Several real estate tycoons replied, "Based on our last developed phase, it was 40% profit!"

Dong Hui said, "That profit margin isn’t bad."

Wei Changqing’s lackey sneered, "Only by working with us and Mr. Wei can you achieve such high profit margins. If it were any other real estate developer, you wouldn’t have any advantage in the official bidding process for land prices."

"Only Mr. Wei can get firsthand internal prices. In the past two years, as real estate has successively imploded, there are few trustworthy developers left in the officials’ eyes, thus they prefer to outsource to us."

These words subtly pointed out that Qin Li and his companions had chosen the wrong circle to join.

The insinuation also indirectly criticized Liu Jin.

The reason Wei Changqing had resources was because his father was the second housekeeper of Jiangcheng.

Although the real master of Jiangcheng was the Big Housekeeper Magistrate.

But the power and influence of the second housekeeper was not comparable to that of Liu Jin’s father.

And the reason most local capital tycoons prefer to play with Wei Changqing is mainly because the Wei Family is a native local power.

Don’t forget, the Big Housekeeper is constantly changing with new appointments coming in.

The real faces to please in the local capital circle are still the local forces.

So, that’s also the foundation for Wei Changqing’s eligibility to stand toe-to-toe with Liu Jin and Ye Wei.

In this vivid context, it was quite noteworthy that Guo Yunfan, the grandson of the local richest man, was able to mingle with Liu Jin’s circle.

Today, Wei Changqing brought a group to actively seek out Liu Jin’s company, actually because he heard news that a descendant of one of the three historical giants of Jiangcheng’s capital circle had returned to develop in the country.

He wanted to win over Qin Li and his group!

Jiangcheng is a financial metropolis.

Everything speaks through capital.

The GDP value created by capital confirms the Wei Family’s local achievements!

Once, three of the four big families in Jiangcheng went abroad due to some historical reasons, aiming at the foreign markets.

Now, the country has been continuously developing.

This return represented their families’ intentions.

There was somewhat a deliberation to probe the domestic economic market.

Wei Changqing felt the presence of an outlier like Guo Yunfan, a traitor—who could pull the remaining three families’ capital into Liu Jin’s camp, would only strengthen the opposing circle.

Hence, he didn’t stop people around him from subtly blowing his own trumpet and stepping on Liu Jin’s image.

What they needed was to let Qin Li’s group feel their sincerity.

Don’t underestimate the financial power of these three families; if they could be brought on board, it would greatly aid their investment in real estate.

Now is the age where cash is king.

In an era when slim profit margins in real estate can only be turned profitable without bank loans, solid capital is what they need!

"They are exaggerating a bit," Wei Changqing said after hitting a ball, he looked up at Qin Li’s group and smiled, "But I do have inside information that can let you acquire land at a reasonable price, are you interested in joining us?"

Xu Shenghua smiled and said, "Thanks for your kind offer, Mr. Wei. Our fathers always taught us, ’take things one step at a time.’ Since we’ve already invested with Old Guo, we plan to see how things go."

Wei Changqing replied, "No problem, buying and investing is all about making comparisons to avoid being shortchanged. Whenever you three want to get into real estate, feel free to reach out to me."

As he spoke, he added, "I also cooperated with Mr. Ye before—even though we lost money, it didn’t stop us from being able to have a good time together."

Guo Yunfan, polishing his pool cue, remained silent, sitting there.

Suddenly, a voice alert from the phone on the table announced: "You have received a profit dividend transfer from ’Tianfeng Private Equity Fund’ company, amounting to: 90 million yuan!"

Liu Jin looked up in astonishment.

He picked up his phone to check.

It indeed was a transfer alert from his Alipay Yu’e Bao.

The amount immediately turned all heads in the room towards him.