Only after being reborn did I realize how fascinating the world of the rich is.

Chapter 323 Cashing out Real Estate and Leaving the Market

Seeing Li Xiaofeng's confidence, Le Xin'er asked with some doubt, "Why did you make such a judgment?"

Li Xiaofeng thought for a moment and came up with a reasonable reason: "Because both Wanzhong Media and Gage Media have undergone multiple premium acquisitions during their growth process, and since it was a premium, it means that they were losing money."

Why make acquisitions even at a loss? It's about sacrificing the company's short-term interests to gain an advantage for the company's long-term development.

However, the stock market often focuses on short-term company performance, which is why stock prices fluctuate constantly. And the losses incurred from these premium acquisitions will always be reflected on the books.

If the company encounters negative news again by then, or if the overall economic environment changes, a 50% drop in stock price would be the least of your worries.

That reason is true, but that's not the most important thing. The most important thing is the impact of the economic crisis.

"Are you planning to buy back your company at that time?" Le Xin'er smiled at Li Xiaofeng, her tone very relaxed.

"I might just acquire Gear Media as well!"

Le Xin'er said excitedly, "If that could really happen, that would be wonderful! It would make that Luo Siqi lose both his wife and his army!"

Li Xiaofeng hugged him and said with some heartache, "Xin'er, you've really been working too hard lately. You really should take this time to rest and recuperate."

Whether it's building a career or making money, it shouldn't come at the expense of your health. It's not worth it. Even if we don't sell Wanzhong Media, I'll force you to take a break!

Le Xin'er nestled in Li Xiaofeng's arms, her face flushed with shyness, and said, "Do you want me? I have plenty of time now, I won't refuse you anymore!"

Li Xiaofeng smiled and said, "But I have to refuse you. Here's half a sleeping pill. Take it and get a good night's sleep!"

"what!"

"What, are you disappointed?"

"Hmph, I don't have any. If you don't want it, fine, I'm not willing to give it to you anyway!" Le Xin'er pouted deliberately.

Li Xiaofeng kissed her forehead and smiled, saying, "It's not that I don't want it, I just want you to get a good night's sleep first. After you wake up, we'll have a good test of our stamina!"

"You shameless pervert!" Le Xin'er blushed and couldn't help but give him a light punch.

Then, Le Xin'er looked at Li Xiaofeng with deep affection, hugged him tightly, and whispered from the bottom of her heart, "Xiaofeng, I love you!"

Li Xiaofeng smiled and kissed her, responding with deep affection, "I love you too!"

After Le Xin'er fell asleep, Li Xiaofeng gently covered her with the blanket and then tiptoed out of the bedroom.

After coming out, Li Xiaofeng saw Xiao Pingping cleaning and couldn't help but complain, "You don't need to do these things. Just let the cleaners do them!"

"It's okay, I'm free anyway, I'll just do the work while I'm at it!"

Xiao Pingping tossed her hair and teased with a smile, "Are you done for? How come you came out so quickly? Before, you were like an ox, taking half a day to finish!"

Li Xiaofeng said irritably, "I think you just need to be taught a lesson. Do you think I'm the kind of person who can't resist women? Do you think I'm a teddy bear?"

Xiao Pingping said with a grin, "Aren't you just like a teddy bear? When I was doing housework for you, you insisted I wear a maid outfit and would suddenly hug me from behind. You're just like a big teddy bear!"

"I don't have time to banter with you. You're my personal assistant now. You need to familiarize yourself with all the businesses under my management, and then arrange all the tasks and schedules for me according to their importance and urgency!"

Seeing Li Xiaofeng's serious expression, Xiao Pingping quickly asked, "So what are we going to do now?"

Li Xiaofeng smiled confidently and said, "Now that I have money, I need to contact the bank first and pay off my bank loan."

He previously used shares of Wanzhong Media as collateral to borrow 15 billion yuan from the bank to speculate on real estate. After selling the shares, he no longer had collateral and naturally had to repay the loan first, otherwise it would definitely affect his credit score.

Of course, the bank was also eyeing the money, and without informing the bank, Li Xiaofeng was unable to sell his shares.

In addition to repaying the 15 billion yuan loan, he also plans to repay the 6 million yuan loan from Hongxing Electric Vehicle Factory.

Now that he has enough funds and no projects to invest in for the time being, there's no need for him to waste interest on those bank loans.

After signing all the necessary documents, Li Xiaofeng handed over the trivial bank-related matters to Xiao Pingping to handle, while he himself found Liu Shasha and asked her to sell all the real estate in her possession.

Liu Shasha asked in surprise, "Didn't you already sell Wanzhong Media? You already have so much money, why would you sell your perfectly good real estate?"

Of course, Li Xiaofeng couldn't tell her that at the end of this year, Great Britain would face a global subprime crisis, which would also affect the domestic economy.

As a first-tier city most closely integrated with the international community, Shanghai will undoubtedly be more severely affected, which is a forward-looking benefit for him as a reborn individual.

If Li Xiaofeng were still an ordinary worker like before, there wouldn't be much of a fuss about this, and it wouldn't have a significant impact on him.

But now he is a well-known entrepreneur in Shanghai, a prominent figure in the business world, with a lot of resources at his disposal. He can cash out and leave in time to avoid being severely damaged in a crisis, which is equivalent to making a lot of money.

So Li Xiaofeng casually made up an excuse, saying, "Haven't you noticed that after every big surge in housing prices, there's always a period of adjustment? This year's housing prices have risen quite a bit, they definitely won't rise next year, and they might even come down!"

Seeing that Liu Shasha still looked puzzled, Li Xiaofeng smiled and said, "There's no need to ask so many questions. Just hurry up and sell my real estate."

If you trust me, sell your own real estate as soon as possible and cash out with me. Given our relationship, do you really think I'd cheat you?

Although Liu Shasha was very suspicious of Li Xiaofeng's actions, Li Xiaofeng's timely cashing out and leaving the market before the big price reduction in 05, coupled with their close relationship, made Liu Shasha blindly trust him.

"Okay, although I don't know why you want to sell your real estate, you always have your reasons. I'll put my properties up for sale later too."

Then, Liu Shasha said to Li Xiaofeng with a smile, "Before, when I saw you borrow so much money from the bank, I felt like you were a debtor, and I would worry from time to time that you might go bankrupt."

Seeing how much money you've cashed out, it seems you've truly become a millionaire. Add to that your other businesses, and it looks like your net worth would easily place you in the top ten of the rich list.

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