Chapitre 220: Biting the Hook

"3.2 billion—isn't that practically free?"

"So, Mr. Wu, are you planning to scoop it up?"

"Are we talking about this Mr. Qi, the one who's... ahem, Young Master Qi Chao, from Chairman Qi's family?"

"Luo Wu District has a serious aging population issue. Building a retirement estate might not yield high profits, but it's still a money-maker. Selling it at a six-billion-yuan discount—could it be that Qi Real Estate is facing cash flow issues?"

"The real estate market hasn't been thriving these past couple of years. Even Mingde Real Estate was exposed earlier this year; their new developments aren't selling, leaving their books nearly dry. With no funds to acquire new plots, they're forced to tighten their belts to survive."

"What nonsense. Qi Real Estate is the elder statesman of our capital's property sector. Financial trouble? Impossible."