Chapter 608 Increased investment in Southeast Asia
In March 1971, Hong Kong's economy continued to develop rapidly, which has become an economic miracle in the Asian region.
Many overseas capital, especially the Chinese consortium in Southeast Asia, is thinking of coming in and getting a share of the pie. In addition, Hong Kong, an area where Chinese people gather and are also on the main continent, makes many overseas Chinese feel more belonging.
On the 6th, Yang Wendong welcomed an old friend from Southeast Asia in Changxing Building's office: Guo Henian.
Standing on the windowsill of Changxing Building, Guo Henian looked at the building not far away and asked, "Yang Sheng, is that building the future Recreation Building?"
Following the direction Guo Henian pointed out, Yang Wendong said after seeing it: "Yes, it started in mid-September last year. Now the foundation has been laid and 6 floors have been built. It is estimated that it will be completed at the beginning of next year."
The design of Kangle Building comes from Bei Jinming. The construction team is responsible for the entry-level building, and a large number of top construction teams in Hong Kong are involved;
Because Changxing Real Estate always pays money according to the agreement , so everyone is very motivated, so the construction speed is also extremely fast.
Guo Henian smiled and said, "It's amazing. It's more than 50-story building that can be built in just over a year. This speed is impossible in Malaysia."
"Not impossible, But it is impossible for Malays, but it is still possible for the Chinese team." Yang Wendong said with a shake of his head.
What is one floor a week? Three hospitals in a special period of their previous life were built within a week. Although they were only short-term buildings, they were enough to shock everyone's eyes.
Of course, Hong Kong's organizational capabilities are not as good as those in the mainland, but Chinese people are naturally more active in their efforts is also an important factor. As long as Party A's money is in place and timely, nothing is a problem.
Guo Henian nodded and said, "That's right. The Chinese in Malaysia have mastered more wealth, which is also a proof of our strength."
"Southeast Asia is indeed Chinese. There are many consortiums in charge." Yang Wendong also agreed.
The natives of Southeast Asian countries obviously cannot compare with Chinese in all aspects. Since a hundred years ago, a large number of Chinese have moved to Southeast Asia, and eventually gradually developed into a powerful overseas Chinese consortium. Even during World War II, overseas Chinese also donated money on a large scale. Buying a plane for China is just a pity that it has become a certificate of deposit for some people.
Guo Henian smiled and said, "No matter how many people there are, it doesn't feel like they are from their hometown, so many Southeast Asian Chinese want to invest in Hong Kong now."
Although Singapore is mainly Chinese, it is still better in the eyes of many Chinese. However, in Hong Kong, as for Wanwan, there are still many restrictions on capital in this era. Basically, factory investment is only welcome. However, there are fewer Chinese consortiums in Southeast Asia who make a fortune by relying solely on factories;
Besides, let’s talk about it. Chinese people love to return to China to invest for profit. The real estate stock market in Hong Kong has risen so well, so Chinese in Southeast Asia naturally want to get a share of the pie.
Yang Wendong smiled and said, "Then do you also want to invest in Hong Kong?"
In the 1970s and 1980s, a large number of overseas Chinese capital invested in Hong Kong, and some of them passed through Hong Kong. Springboard invested in the mainland in the 1980s, but the former was still mostly the former.
Now because of its own existence, Hong Kong's economy has developed by at least about three years ahead of its original history, and naturally it may attract more overseas Chinese capital.
Guo Henian nodded and said, "Yes, I didn't dare to have this idea, but Yang Sheng, you are from Hong Kong, so I'll ask for advice."
Yang Yang Wen Dongdao: "If you want to invest, it's actually not a big problem. Hong Kong's future economy will inevitably rise sharply. But the problem is, are you greedy?"
"Yang Sheng said, I'm ready How much leverage should I take?” Guo Henian asked.
Simply investing is actually not a big risk. Even if the asset price drops, it will generally not lose a lot. A normal economy will not plummet a lot unless it happens to plummet after taking over at a high price;
But in this way, the returns will be much smaller. Simply investing is a waste of money, so some leverage will inevitably be used to ensure profit margins.
For example, if the leverage is 5 times, then if the value of the commodity increases by 10%, you will make a profit of 50%, otherwise you will lose 5 times; although the risk is a bit greater, it is more cost-effective than making 10%. If you grow up, you won’t make much money when you get old. If you want to make a fortune, you have to take risks;
However, if you can find a suitable investor, the risk probability will naturally be reduced a lot.
Yang Wendong nodded and said, "Yes, Guo Sheng, my opinion is that Hong Kong's real estate stock market will continue to rise in the future, but there will be a real estate crisis every few years, just like in 57 and 66 years. You also understand the truth in it;
No one knows how much this crisis occurs and when it breaks out, it depends on luck."
Guo Henian asked with a smile: "Yang Sheng, don't even know?"
"How could I know?" Yang Wendong smiled and shook his head to deny.
Now that Hong Kong's business history has changed drastically due to its existence, it is hard to say whether the stock market crisis in 1973 will appear at the same time, and it may be delayed in advance.
But things like the 1967, 1983, or the Suez Canal crisis in the Middle East will not be affected by it.
Guo Henian smiled and said, "With Yang Sheng's ability, at least it is much better than me, who doesn't know anything about Hong Kong."
Yang Wendong thought for a while and said, "Guo Sheng, if you invest in Hong Kong for a long time, don't care about temporary gains and losses, then I can say that you will definitely make achievements that will satisfy you in the end;
But if it's just speculation, If you want to earn short-term benefits, you will think of leaving whenever there is any trouble. Otherwise, you will continue to invest. If you go back and forth, it will be entirely based on luck. Even if I can't help you."
Although history has changed, But Yang Wendong still knows the direction of development, but it is impossible to tell anyone that no one can get such treatment;
In fact, it is very simple to make money if you want to invest in Hong Kong. Just invest seriously for a long time, even in history. Similarly, when a person buys a property at the peak of real estate in 1972, the value drops by half the next year. However, as long as he can wait, he will naturally restore the original price in 1975, and then he will go all the way higher; even in 1981, the same logic is the same. On the contrary, if you enter and exit frequently, the risk will be higher.
"What Yang Sheng said makes sense, long-term investment is the king." Guo Henian nodded and then said, "I am going to invest in a five-star hotel in Hong Kong."
"Hotel?" Yang Wendong looked at it. At first glance, Guo Henian remembered that he did have a Shangri-La Hotel, but he still said: "Guo Sheng, from the perspective of investment alone, office buildings are much more convenient than hotels. One is simple management, the second is stable returns. 3. The profits of the hotel may not be comparable to those of the office building. "
Office buildings can be as safe as possible. If they are not self-supported in other aspects, they can pass on the cost to the leased person, such as electricity, water, and fire protection. Wait. Of course, it can't be too bad, it's definitely not bad if it's much worse than other buildings;
But the construction cost of hotels is much higher, and the special design and expensive decoration cost is more expensive than office buildings of the same level. It is about 30% expensive; there is no need to mention management, so many employees still have to deal with customers, which is super troublesome.
But the profit may not be very high. If the business is not good, you will lose money. If the business is good, it will only be much taller than the office building. It is not cost-effective. This is why many large real estate consortiums are not big. The reason for entering the hotel industry is to build some small business as a group;
Even Four Seasons Hotel will focus on the franchise model overseas in the future. Only those in mainland China, Hong Kong, who know the future land price increase will be self-controlled.
Guo Henian smiled and said, "I know, but my dream since I was a child is to build a chain hotel. This is my life goal, so even if I make less money, I have to do it. I want to have a good name. , it is called Shangri-La Hotel;
The name Shangri-La is still well-known in Europe and the United States, so it is very good to promote it. "
"Okay, since it is your dream, then It’s time to do it. Isn’t we actually making money just for the purpose of our goal? Having a goal is also a good thing, haha.” Yang Wendong smiled and said, “Shangri-La is also a good name, no worse than my four seasons.”
< br>Super rich man, as long as he doesn't mess around, he will never spend all his money within three or even five generations. The purpose of continuing to make money is just a purposeless purpose;
No mistakes, one song, one content, one in 6, one book, one bar, one reading!
If you have a more accurate life goal, it will naturally be better. Even if this business is not the most profitable, after all, there are too many profitable businesses in this world, and it is impossible to achieve the "most" and be profitable. If you like it, that's the best thing.
Guo Henian said, "Haha, yes, what I want, so I am going to participate in the next Hong Kong government land auction in Central and find a suitable location."
"Okay, It's really good to put it in Central." Yang Wendong nodded. Even if you don't do anything, the price of Central Land can increase dozens of times in decades.
Guo Henian smiled again, "From then, I will be in Hong Kong, so I hope Yang Sheng will take care of you."
"Okay, no problem. Guo Sheng can take care of my industry in Malaysia." Yang Wendong said with a smile.
Although there will be competition among the hotel industry, as long as it is not close to the level of monopoly, it will not be considered an opponent at all. In Hong Kong, there are only a few industries that make money, and everyone squeezes in. If you walk with each other, you will be the enemy, and any two consortium will never stop.
And the core of my next ten years is to invest in Southeast Asia, which also requires making good friends with local wealthy people and cooperating with the industry to expand. If they want to invest in Hong Kong, they can do the same thing. At first, it is a win-win situation.
Guo Henian said: "No problem. I heard that Yang Sheng is looking for a suitable place to sell cars on a large scale. I will leave this to me. I promise that you will choose the right place in Malay soon. "
"Haha, that's OK." Yang Wendong was very satisfied.
His cooperation with Toyota is an opportunity. He can participate in the automotive industry without technology and capital. However, Southeast Asia is not his territory. No matter how strong the dragon outside is, many things are not as convenient as local snakes.
Guo Henian's help and he will also pay sincerely, so the auto retail industry will inevitably expand significantly, at least in Malaysia.
"Yang Sheng is polite." Guo Henian smiled and said, "Yang Sheng, our first sugarcane farm in Kedah. Judging from the income alone, it has been profitable last year, so I What I think is that we can continue to increase our investment in the next step. "
"Conclude our investment and bank interest conversion?" Yang Wendong asked back.
They invested in a farm in Malaysia together and bought a lot of cheap land. However, although the land is cheap, the subsequent development cost is very high. This is also the intentional act of the Malaysian government, but they can obtain it themselves The land is enough, and everyone is happy.
The huge investment naturally needs to be taken step by step. After the first step is successful, the learning experience and more relevant people will be carried out, the next step will be expanded.
Guo Henian nodded and said, "Yes, this time I have brought the relevant information and will hand it over to Watsons Company. You can also send someone to review it."
"Okay, I'm here to Will negotiate with Watsons' Zhou Sheng." Yang Wendong nodded and said, "If there is no problem, I will naturally follow up on the next investment."
This kind of agricultural industry cannot expect a rate of return No matter how high it is, as long as it is not a loss, and with enough land, enough sugar can be guaranteed, and you will have higher returns in subsequent related industries.
Guo Henian said, "Okay, if Yang Sheng is in Malaysia, he has anything else to invest in, just tell me."
"Malaysia may be the case, so I'll talk about it later." Yang Wendong paused and said, "Guo Sheng, Chinese rich people from other Southeast Asian countries, how many do you know?"
PS: Please give me a monthly ticket
( This chapter is over)