"Mr. Gu, this is a major issue. I need to confirm so things. Shall we arrange a ti to talk about this in detail later?"
Han Lie didn’t give Gu Yong a definite response.
With Liu Minghao present, there was no need for Han Lie to personally haggle, squabble, or argue. He could afford to sit back with an air of superiority, waiting for the best outco.
Gu Yong looked at Liu Minghao’s seemingly amused expression and inwardly cursed his luck. Ever since the attorney had taken Han Lie aside to whisper for a while, he had been wearing that sa expression.
Gu Yong understood Liu Minghao very well. Their circle included not just local natives but also many who were forr middle and elentary school classmates. The generation before them were all neighbors from the alleyways. Liu Minghao had been a leader among kids thirty years ago, due in part to his family background and also to his own capabilities.
It was clear to Gu Yong that Liu Minghao, a man who could squeeze oil out of a stone, was serious now.
"Alright!" Gu Yong gritted his teeth hard. "Wherever you need my cooperation, don’t hesitate! For the financing project of Minggu Real Estate, apart from Teacher Han, I won’t recognize anyone else!"
Well, well, that was an interesting stance.
It’s only fair to say that Gu Yong was indeed a formidable figure. When the ti ca to be decisive, nobody was more so than him.
So people muddle through life, always adhering to the principle of "spending little money for big results," allowing themselves to drift along with imdiate benefits. Only truly smart people understand the principle of "spending big money for big results," never scrimping at critical monts. And only the most formidable figures, a level above, are willing to "spend big money for small matters."
These represent three different levels, corresponding to different outlooks on life.
Han Lie was also surprised and regarded Gu Yong with a little more seriousness. But Han Lie said nothing, just smiled and let it go.
Such was composure, maturity, and depth.
After that, since there wasn’t much else for Liu Minghao’s circle to discuss, Han Lie was about to leave when Brother Cai, holding his wine glass, suddenly called him aside.
"Teacher Han..."
Han Lie clinked glasses lightly with him. Watching this honest-looking man down his drink with an unsophisticated gusto, Han Lie couldn’t help but feel a sense of goodwill towards him.
"Brother Cai, if you have sothing to say, please speak freely."
"Teacher Han, I roughly understood what you were discussing with Old Gu." Brother Cai seed a bit embarrassed but remained as straightforward as ever. "If I want to put up the funds, would it be possible to get an annual interest rate of 8.5%, assuming there’s a guarantee of safety?"
Damn!
This is astounding. From what Brother Cai is suggesting, does he an to pay the entire 2.5 billion in cash? What an unbelievably terrifying cash flow!
Despite his shock, Han Lie didn’t question the other man. The Magic Capital was full of hidden talents; who knew what kind of background or power soone might have?
Han Lie simply asked, "Why don’t you talk directly to Mr. Gu? If you eliminate us as interdiaries, he could save a lot on costs and might be willing to offer you a higher interest rate."
"I don’t trust Old Gu." Brother Cai shook his head, a dismissive smile playing on his lips.
"Are any of those real estate developers good people? I worked with them when I built my market, and I’ll never do it again in this lifeti!
"If I give Old Gu the money directly, he’d dare to fob off that Pangu Estate on later.
"He’d make so shitty contract, throw a shoddy estate at to settle the account. Then, he’d go off rrily to his next project with his decent profit and the dirty money from cutting corners. anwhile, I’d be stuck unable to sell the properties and might even have to beg him for help...
"That damn scoundrel is definitely up to sothing shady!"
Brother Cai’s rant was a bit disorganized, but Han Lie understood.
His concerns are legitimate.
Normally, property developers mortgage their projects to get funds. They should then develop the project diligently, strive to make sales, sell the properties, and then repay the money. However, if they receive too much money and the funder doesn’t exert significant deterrence in so respect, then the developer might play dirty.
There were plenty of ways. For instance, they could complete the project to the bare minimum standard and then declare bankruptcy. Afterward, they’d compensate the investors with the project itself, as per the contract terms.
Was that legal? Perfectly legal.
The narrative would be: "I completed the construction of the estate on ti as per the contract. However, due to excessive expenses, I couldn’t manage the cash flow and can’t afford the value-adding projects. Now, you either have to give more money, or take the property to settle the debt."
Such behavior might be unethical, but it would entirely align with the agreent. In the end, not only would the developer save the effort of selling properties, but they would also have ample opportunity to siphon off money during construction.
Brother Cai might not understand all these twists and turns, but he understood human nature.
"Teacher Han, I don’t trust Gu Yong, but I do trust Lawyer Liu. If you guys are going ahead with this project, can you include ? I’m not greedy; 8.5% is enough for !"
Han Lie was still puzzled. "Brother Cai, with your cash flow, couldn’t you negotiate a large fixed deposit with a bank and get an interest rate higher than 8.5%?"
"Blast it!" Brother Cai slapped his thigh hard, his face full of frustration. "It wasn’t that high before!
"But the fixed-term deposits I made earlier just happen to be maturing early next year. Then the banks start giving so spiel about ’M-sothing’ or ’cyber-sothing’ and so new limit on loans—I didn’t quite catch it all. Basically, they’re saying the interest rate won’t be as high as before.
"I’ve inquired at several banks. For a five-year fixed deposit, smaller banks are willing to give a guaranteed baseline interest rate of 5.25% plus a non-guaranteed rate of 5%. The big four banks can only offer 4.75% plus 4%.
"So banks can offer advance interest paynts and a few other assorted perks.
"But I’m too scared to deposit! What if they don’t give you the non-guaranteed part after five years? What can you do then?"
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