Chapter 413 The Beginning of the Chinese Standing Up
Yang Wendong continued: "But it’s hard to say when Singapore will stabilize. The capital you have cashed out recently can just invest in the supermarket in Wanwan with Wang Yongqing. ;
In the real estate business, we will mainly invest in Bay Area in the short term, but we can only invest indirectly there. When Singapore becomes stable, we will all turn to Singapore. ”
In fact, that’s it. For investment convenience, Wanwan is better. After all, it is close and it has its own factory there. But the problem is that the Wanwan government does not allow foreign direct investment in the real estate industry. Although it can be bypassed, it is too troublesome and costly. Investment It's not cost-effective if it's too big, that is, for supermarkets and theaters, otherwise he wouldn't be in a hurry to invest now.
Once Singapore is established as a nation, the restrictions are much smaller than those in Wanwan. In addition, the real estate crisis in Hong Kong has not yet reached its bottom, so it is just right for you to invest.
Even at that time, Singapore was in great need of basic industries. If the conditions were right, they could be relocated. After all, Yang Wendong was also preparing to carry out appropriate industrial upgrades in Hong Kong. Some of them could also be moved to Bay Area or Singapore. There are two reasons. An alternative place, so that you can get the maximum benefit here.
"Okay, I understand." Zheng Zhijie nodded in agreement.
Yang Wendong smiled and said: "Okay, that's it. In these three months, we still have to do our best to cash out the non-core properties in our hands. We will also investigate Singapore by the way. There is no need to do other things."
Seeing that the real estate crisis is coming, the real estate companies really have nothing to do. Even if they want to buy the bottom, they will have to wait until 1967, which is still early.
October 16, 1964, Di Thousands of miles away from Hong Kong, a major event happened, but no one knows about it yet. Although Yang Wendong knows, it’s hard to say anything. In his estimation, what he has done in Hong Kong over the years should not have any impact. There.
After this incident was made public, there was an uproar around the world, and many people suspected that the photos might be faked, but the seismic waves generated by this incident cannot be faked.
As a result, the international pattern has changed. From then on, the Chinese community Standing up, with this, the possibility of large-scale ZZ happening again in China is slim.
Of course, all this is just the beginning. It requires the cooperation of many different country-preserving artifacts to ensure peace in the world. There are two different things between having a sword in your hand and not using it, and having no sword to use
And this The impact of this incident has just begun. Even in a few years, the mainland will be able to return to the United Nations and have good relations with Western countries, and its foundation is inextricably related to this incident.
The status of the Chinese has naturally improved, including the Chinese in Hong Kong. It is precisely because the mainland has returned to the United Nations and has a certain say in international affairs that the original Chinese capital in history has the ability to speak to the British. capital to launch an attack, otherwise there would be no chance at all.
In the following days, the international media also exposed this incident, causing a global uproar. Hong Kong also immediately copied the overseas reports. For a time, public opinions abounded. Many people did not know the significance, and some expressed their own different opinions. In short It was very lively, but Yang Wendong did not participate and did not allow his newspapers to express too many opinions.
It is better to be less involved in ZZ’s affairs, at least in this era, because there is no need to express your stance. Real help comes from doing things, not speaking out. Doing things with practical actions is more meaningful. big.
On October 22, when most people in Hong Kong were still discussing this matter, Yang Wendong came to the Four Seasons Hotel and met He Shanheng from Hang Seng Bank.
"Hello, He Sheng." Yang Wendong said with a smile and shook hands.
"Hello, Yang Sheng." He Shanheng sat down and said directly: "Yang Sheng, there is something I want to ask you first. Your Changxing Real Estate has been cashing out real estate properties on a large scale in recent months. , did you predict that there was going to be a problem with housing prices? ”
"I'm not optimistic about Hong Kong real estate. Everyone knows that, right? And I'm not the only one." Yang Wendong said with a smile.
As early as mid-1963, Changxing Real Estate stopped acquiring new land. Such "commercial braking" behavior actually attracted the attention of peers and banks, and this year's action is even greater.
However, there are actually many smart people, or in other words, there are many timid people who, seeing housing prices so high, have begun to stop selling or cash out. Of course, there are also many people who blindly believe that housing prices will rise throughout their lives.
He Shanheng said with a smile: "Yes, I also think that the current housing prices are too high, but no one knows when a problem will occur, or what problem will occur, whether it will just fall a little and then rise again, or there will be a 57
But I think Yang Sheng’s movements are very rapid. Do you think the time is coming?”
"This is just my judgment. I don't know when something will go wrong, and I don't care, as long as I cash out and leave the market." Yang Wendong smiled and said, "He Sheng, I'm not a god, how can I predict the future? "
Actually, other people have asked about this, but he gave vague answers. His actions are indeed relatively large, so some people are bound to have questions.
Fortunately, my scale is not very large now, so I can still cash out. If I do this again in 1972, I am afraid it may not be feasible. However, the economic crisis in 1973-74 mainly fell. For stocks, housing prices and land prices have not fallen as much as they did in 1965-67. At that time, there was no need to cash out real estate on a large scale. You just had to control yourself from entering the market at high prices.
"Okay" He Shanheng didn't ask any more questions. He also knew that Yang Wendong didn't need to answer clearly, and then said: "Yang Sheng, you have a lot of funds recently and I can return it to me. Otherwise, Can we cooperate in other aspects?”
As for Changxing Industrial’s repayment, He Shanheng was also confused. He suddenly repaid a small amount of tens of millions. This is very difficult for Hang Seng Bank, which has only a few hundred million in total assets. That's a huge sum of money.
Under normal circumstances, banks do not need to have too much funds in hand, because only by lending out funds can they make profits to pay interest to depositors, otherwise the bank will suffer losses.
Originally, everything in Hang Seng Bank was developing normally and smoothly, and the funds were all planned. However, the sudden increase in repayments became a source of losses. However, the previous contract with Changxing Real Estate clearly stated that the loan could be repaid in advance. Originally This is unlikely. How could the real estate company repay the loan early? Now he also understands why Changxing Real Estate insisted on this policy in the first place
Of course, this matter is not a big problem, as long as the money is loaned out. Yang Wendong smiled and said: "He Sheng, I am going to invest in Southeast Asia. Can your funds be converted into US dollars?"
"This can be done on a small scale, but not on a large scale." He Shanheng shook his head and said: " Yang Sheng, you also know that HSBC controls Hong Kong’s In foreign exchange, even Standard Chartered has fallen behind. "
"Well, in the short term, my investment in Hong Kong will be relatively small." Yang Wendong paused and said, "He Sheng, let me give you a suggestion. If you don’t like to hear it, just pretend I didn’t say it.”
"Yang Sheng, please speak." He Shanheng said.
Yang Wendong said: "If you believe my judgment, the real estate market may have problems in the future, then you should have some funds in hand. You also know that once real estate prices fall, the funds in the hands of various banks will The value of the collateral will fall;
Although you can force the real estate company to repay the debt or increase the mortgage, when there is a problem with the real estate market group, this It may not be possible to do so. As a result, the bank's risks will increase sharply. With cash in hand, it can at least avoid some risks. "
It is difficult for Yang Wendong to tell others that Hang Seng Bank is about to be run. I don’t believe it either, so I just changed the mode to remind you. Anyway, whether it is a company or a bank, if it encounters any crisis, it will always be better as long as it has more cash in hand.
Of course, when there is a serious run, tens of millions will actually be a drop in the bucket. It is actually difficult for Hang Seng Bank to escape this hurdle
"Well, let me think about it." He Shanheng also said: "It's just that I don't belong to Hang Seng now. I don't know when the real estate crisis will come. I have a large amount of money in the account for a long time. I'm afraid the shareholders can't justify it."
"He Sheng was joking, they are just small shareholders, don't be influenced by them." Yang Wendong He smiled and asked: "He Sheng, you are looking for me today because of the last time we talked about investing in Hang Seng Bank, right?"
He Shanheng nodded and said: "Yes, the valuation of Hang Seng Bank has been After calculation, the total amount is 320 million Hong Kong dollars. It was calculated by multiple auditing companies. The records in this area can be recorded by Yang Shengke. You can check it after you buy the shares. If there are any problems, you or other shareholders can refund the capital you or other shareholders invested in if there are any problems."
"Okay, I can buy shares, and the audit will be done. After buying shares." Yang Wendong paused and asked, "How many shares can you give me? "
"How about 3% of the shares?" He Shanheng said with a smile: "This time I am going to give up 20% of the shares, firstly to raise funds to expand the scale in the future, and secondly to attract people like Yang Sheng quality entrepreneurs join the board of directors of Hang Seng Bank, so that everyone can develop together.”
"Okay, as for the funds, I can raise them soon." Yang Wendong agreed without thinking too much.
Even if history remains the same as before and Hang Seng is acquired by HSBC, it will be equally cost-effective for me to take advantage of the trend and become a shareholder of Hang Seng Bank acquired by HSBC in the future.
But now, he doesn’t know what will happen when Hang Seng is squeezed in the future? As well as the current expansion of shares of Hang Seng Bank to attract other investors, I don’t know if it has ever happened in the original history;
Maybe this is a small matter, or it is kept secret, so there is no record of Hong Kong’s business history in previous lives, it is also possible It was caused by his own butterfly effect. In Hong Kong today, except for some major events, everything else may have been affected by him. Changxing Group is now so large, this is inevitable, and even overseas companies may be affected. Impact
He Shanheng said: "We welcome Yang Sheng to join us at Hang Seng Bank. However, Yang Sheng does not have to rush to raise funds. I can also get a loan."
"You lend me a loan, and then I buy Hang Seng Bank stocks?" Yang Wendong was stunned for a moment and asked: "Isn't this equivalent to me having sex for nothing?"
There are indeed such cases in business history, such as the original Historically, when HSBC sold Hutchison to Li Jiacheng, it was a loan provided by itself. Li Jiacheng basically got the controlling shares of Hutchison Matheson without paying a penny; and after acquiring Hutchison, he only needed to sell some of the properties appropriately. If you can repay the loan, it will be a waste of money.
This is also the benefit of having a good relationship with the bank. Many times the operation is simply sending money
He Shanheng shook his head and said: "This is not counted. With Yang Sheng's ability, he can go to any bank We can easily borrow tens of millions of Hong Kong dollars, so in that case, why not use our own bank?”
“That’s okay, then I will ask someone to go to your bank to understand the specific details of the cooperation.” Yang Wendong. He nodded and said.
What he and He Shanheng were talking about now were all intentions. The specific aspects still needed to be confirmed by the legal department and other departments.
He Shanheng nodded and said: ‘No problem. ’
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(End of this chapter)