Hefei intermediary: Many Changxin employees are buying houses.
At one time, Changxin Technology became a hot topic of discussion, with outsiders predicting that its market value could exceed trillions of yuan. Liu Qiang is the manager of the Lianjia Blue Light Yongjin Peninsula store in Hefei. As a seasoned real estate agent, he talks confidently about the property market, but when it comes to the news of Changxin Storage's IPO, he appears disinterested. "I haven't paid much attention to those things in the capital market. However, in the past few years, there have been many Changxin employees buying houses from me. At least 4 out of 10 customers are from Changxin," Liu Qiang told reporters. In Liu Qiang's impression, these Changxin employees are generally young, highly educated, and have strong purchasing power. "They are mostly between 25 and 35 years old, with high incomes. I have seen some with monthly income exceeding 70,000 yuan, and many with monthly incomes of three to four ten thousand. Most of them have postgraduate degrees or higher, and many work in research and development."
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