Li Zhongxin vaguely remembers in his heart that in 1988, after Hainan broke away from Guangdong and established an independent province, a large number of people went to Hainan to make gold, including Pan Shiyi, Feng Lun, Yi Xiaodi and others.

These people! They all made a lot of money in the early stages of Hainan's real estate. It can be said that these people were the first to try their best at that time, and they were extremely optimistic about the development of Hainan Island.

The country vigorously promoted the construction of Hainan Island, and they all seized such an opportunity. Li Zhongxin! He did not intend to make much money at such a time, but Li Zhongxin wanted to use such an east wind to invest more things in Hainan, which will be of great benefit to the development of Hainan Province or the people of Hainan in the future.

Zhongxin Company acquires land on Hainan Island, not simply doing real estate, but taking advantage of such an east wind to have some land and voice in Hainan Province. At that time, large-scale development of scenic tourist areas in Sanya and Hainan will allow Hainan Island to reach a certain level in the 1990s, allowing people across the country and people from all over the world to travel and do other things on Hainan Island.

Hainan Island has beautiful scenery and is a good place for tourism. It is true that it is true that Hainan Province's industry is much worse at this time.

Hainan Island has a unique climate and is suitable for growing various fruits and vegetables. They are things that are not available in inland areas. It is nothing more than the transportation in this time, so it is difficult to convert these things into money.

After Zhongxin Company intervenes in this matter, there will be no big problems in transportation. Zhongxin Company will build a shipping company belonging to Zhongxin Company between Hainan Province and Guangdong Province, and also build large cold storages and large canning factories in Hainan Province and Guangdong Province. These cold storages and large canning factories will serve Zhongxin chain supermarkets in the future.

Zhongxin Company in Hainan has a large ocean fishing fleet, and the fish in the sea are rare. As long as Zhongxin Company can build large cold storage and canning factories in Hainan, then Hainan Province's specialties will flow into the inland through Zhongxin Company, and some inland things will also enter Hainan Island through Zhongxin Company's shipping company. In this way, even if the inland and Hainan Island are circulated.

As long as the circulation is smooth, Li Zhongxin believes that in the future, Hainan Island and Guangdong Province Zhongxin Company will be vibrant.

Zhongxin Bank, which has been established in Hainan Province, will not serve real estate, nor will it make loans in this area. If there are those who are engaged in industrial industries and those who are like Li Zhongxin, how to develop Hainan Island, Li Zhongxin will welcome them with both hands.

Why does Li Zhongxin feel that at this time he is just doing these things in Hainan! Because Li Zhongxin feels that through his rebirth and efforts, Hainan Island will be presented to the world with a new look earlier and faster.

Don’t invest in real estate construction in Hainan Island! Li Zhongxin also had his plan. During the Hainan real estate bubble period, funds led by four major banks, including large state-owned enterprises, and township enterprises and private capital, entered the real estate market through various channels. At that time, it was circulated that "you want to make money, go to Hainan; you want to make money and speculate in real estate." The real estate bubble collapsed after a sharp expansion.

Subsequently, most real estate developers became the debtors of banks. These debtors left the money they earned to themselves, and the real estate they left was paid to the bank at a high price. In the end, with the collapse of Hainan Development Bank, the bank became the largest developer in Hainan.

What about the specific data! Li Zhongxin does not have that kind of good memory, nor does he have a computer archive or can ask Baidu. He just vaguely remembers that the population of Hainan was only more than one million. Before the real estate collapse, there would be a real estate company of about a hundred people. All real estate projects were under construction, and no one knew who to live there after the construction was completed. Real estate buyers did not plan to live in Hainan.

When Hainan's real estate companies collapsed, they almost went bankrupt. It was precisely because of the large-scale collapse of real estate companies at that time that Hainan had three major landscapes: "Easy of the World, the Sea, and the Unfinished Buildings".

Pan Shiyi and the others who first entered Hainan Island to develop real estate have become Hainan real estate tycoons because of the real estate development in Hainan Province.

Those who work in developers who can smell the storm and storm are all savages. They all withdrew from Hainan Island before the collapse and set up real estate companies in the capital. In short, Hainan's real estate has flourished for a period of time because of them, and the collapse is also because of these people who make money and have good vision.

After the bubble burst, Hainan's real estate mortgages have been depreciating and uncertain. After several years of disposal, the inventory team sent by the state has only recovered a small amount of maintenance costs.

Since many projects have only dug a big hole, the mortgaged floors obtained by banks are basically castles in the air. What's more painful is that most of the floors in these concepts have been mortgaged several times. When different banks determined their identity as creditors, they sadly discovered that this "big hole" still owed the construction team an amazing advance fund, and even if the entire project is cashed out, it is not enough to pay the project funds.

The diving property prices and asymmetric information continue to dominate the new round of unbalanced resource possession. The deprivation of vulnerable groups invisibly caused by the real estate bubble has left greater trauma to society.

The investors who made profits in the real estate bubble left with their funds, leaving them to banks and asset management companies, in addition to cheap "unfinished" buildings, they were also intricate debt disputes.

What about these real estate bubbles in later generations! Li Zhongxin didn't want to care about it, nor could he do it. He felt that, first of all, he didn't have that much energy to operate such a thing. If he had time to go to Hainan Island to take charge, there wouldn't be such a real estate collapse.

Second, Li Zhongxin felt that the collapse of real estate in Hainan Island was not a bad thing. At least by that time, he would be able to gain a lot of unfinished buildings. By that time, Zhongxin Company would be able to better manage Hainan Island. If Zhongxin Company had been doing such a thing at the beginning, it would be a little worse.
Chapter completed!