774 [Fat]
"What's there to be afraid of? Middle Earth is not a beast. As for the fear of running away?" Ye Jin smiled, "Think about it, if it is really that scary, will it set up a factory, General Electric, Panasonic Electric, ibm, etc.?"
In 1978, Panasonic Electric became the first foreign-invested enterprise to enter Chinatown after the reform and opening up; in December of the same year, Coca-Co-Co-Company signed a sales agreement with the mainland and opened a factory for filling and sales; in 1979, ibm and General Electric established an office in the mainland and began to trade with the mainland...
After hearing Ye Jin say this, Luo Kangrui nodded, "Mr. Ye, what you said makes sense. But there is one more thing in Wanli..."
"This assumption is meaningless except for scaring yourself." Ye Jin saw that he had some concerns and said with a smile, "According to your thinking, what if I choked to death after eating, what if I was hit by a car while walking, what if my house collapsed, what if it hit me... Then I might as well commit suicide."
"You are right." Luo Kangrui smiled awkwardly.
Hearing Ye Jin say this, he thinks it makes sense. The current situation is still unclear, and it is indeed not worth it to be so panicked. It is really useless except scaring himself.
"Of course I'm right." Ye Jin smiled, "Lao Luo, don't be so panicked. Just think about it. I invest more in Xiangjiang than you. I don't worry about money being damaged, so what are you going to worry about?"
After hearing what he said, Luo Kangrui scratched his head and felt much happier.
Indeed, there are tall men supporting him when the sky falls. Ye Jin's investment in Xiangjiang is dozens of times that of his, as much as more than 30 billion Hong Kong dollars, but he is not panicked at all. And he only has more than one billion Hong Kong dollars, so he is really not in a hurry.
...
"Lao Luo, in my opinion, now is not only not the time for us to withdraw, but on the contrary, it is still a good time for us to create a territory." Ye Jin smiled, "The old saying goes, "I will win if someone abandons me, and I will win if someone wins me, so that I can make a lot of money. Now everyone in Xiangjiang is in danger, selling stocks, real estate, and immigrating overseas."
Then we buy these assets. After the Hong Kong economy recovers in the future, won’t we make a big profit?!”
"Mr. Ye, do you think the economy in Xiangjiang may recover?" Luo Kangrui asked in surprise.
"Of course it is possible. Xiangjiang has a very superior geographical location, with its north being bounded by China, South Asia in the south, and Taiwan, Japan and South Korea in the east. And these places have developed very rapidly in recent years.
Taiwan's nominal GDP growth rate reached 18.1% last year, Japan's nominal GDP growth rate reached 7.4% last year, China-Turkey's nominal GDP growth rate reached 7.6% last year, Siam's nominal GDP growth rate reached 14.8% last year, Malaysia's nominal GDP growth rate reached 8.1% last year, Star Singapore's nominal GDP growth rate reached 17.3% last year, and South Korea's nominal GDP growth rate reached 25% last year...
Xiangjiang is located in the central area between them, and the freight industry alone is destined to flourish, not to mention the financial industry related to it. Therefore, I think that Xiangjiang's economy is not only expected to recover, but also has a bright future." Ye Jin analyzed with a smile.
He really knew that Xiangjiang's economy would go to a higher level in the future. Therefore, if we reverse the cause and effect, we can naturally speak very well.
After hearing this, Luo Kangrui also felt something was right.
In recent years, Taiwan, Japan, South Korea, Siam, Malaysia, Singapore, and even the north Chinatown have been developing better and better.
Xiangjiang is located in the central area and is not only a hub for cargo transportation, but also the core of capital remittance. Therefore, its development prospects should be very good.
Its economy is now in decline, on the one hand, because the economic development in the past two years was overheated, especially real estate, which was so red and hot that it was burning. It is normal for it to fall back now.
On the one hand, it is influenced by public opinion. Now capital and the media are intimidating the public and releasing panic, causing the public to sell their assets in panic.
However, these two reasons can only cause temporary impacts and are destined to not affect the overall situation.
First, there are still many people in Xiangjiang who don’t have houses now. Now, half of the people in Xiangjiang have no houses and live by renting houses (the current rent rate of Xiangjiang is only 49.5%). There are even many people living in shantytowns, slums, and even under overpasses.
Even though it is so difficult to live, tens of thousands of immigrants still pour into Xiangjiang every year. In addition to the naturally born babies, Xiangjiang has an increase of more than 100,000 people each year.
For example, in 1975, the total population of Xiangjiang was 4.26 million, and by 1980, it had increased to 4.915 million, and in five years it increased by 700,000 people. These 700,000 people were calculated as a family of three, and at least 230,000 houses were needed.
Every year, only 20,000 to 30,000 new houses are built in Xiangjiang. In 1976, it was more than 15,300 units, and in 1980, it was more than 34,300 units. In short, it was all in short supply.
Therefore, Xiangjiang's real estate not only has not reached saturation, but is also extremely scarce. It's just that because the housing prices are too high, the urgent needs are suppressed. However, urgent needs are always urgent needs, and people still have to buy a house sooner or later, so real estate will definitely recover.
Second, now the capital is creating public opinion and encouraging public opinion, which leads to panic. But the boots always have to land. After the negative news is over, the economy of Xiangjiang will definitely rebound.
Therefore, economic recovery is not just empty talk.
"Mr. Ye, I think what you said makes sense." Luo Kangrui agreed after he figured it out.
"Just think it through. Since that's the case, don't be idle. In the future, British capital will definitely gradually shrink. At that time, they will release a lot of assets.
You should hurry up and screen a batch of cost-effective assets, and let’s take the opportunity to buy at the bottom." Ye Jin smiled, "It’s up to you to eat bran or honey in the future."
Relying on the support of the British-English Government in Hong Kong, British capital has been in a monopoly position in Hong Kong for more than a hundred years. Many industries related to economy and people's livelihood are exclusively operated by British capital, such as electricity, telephone, telegraph, radio, transportation, retail, aviation, finance, securities, insurance, etc.
However, after Middle-earth and England finalize the future of Hong Kong, these British capitals will definitely lose their monopoly position. Therefore, they are likely to withdraw early and sell those assets at high prices, so as not to depreciate significantly after introducing competitors in the future.
Therefore, many industries that Chinese capitals had difficulty entering before may open their doors to Chinese capitals in the future. Therefore, these assets are undoubtedly very attractive and worth investing.
"Don't worry, Mr. Ye, I won't let you down. I will definitely leave the fattest and most beautiful meat." Luo Kangrui's eyes lit up and he nodded.
Chapter completed!