Within the pension fund company, Chen Huaiqing is thinking about the next investment direction of the pension fund company.

Most of the funds of pension fund companies are in China, and some of them are in foreign countries.

This part of the funds was entrusted to Meta Investment for management, and the outside world is not very much about this.

Meta Investment is a private company, not a listed company, and does not publish investment information to the public.

There is now an overcapacity around the world.

In the past, when a country had an overcapacity, capital would flow into other countries.

But now the situation is that a large amount of excess capital flows into the financial field.

For example, the US stock market started its super bull market in the following year, and it continued to hit new highs.

Then it felt like there was no end to it all the way.

Why does this happen?

It is global capital surplus.

Chen Huaiqing's eyes fell on the Western Stock Exchange. Since the Western Stock Index fell sharply in 2008, it has been a major reversal since 2009. The Western Stock Index has been rising all the way.

A lot of funds that were supposed to enter the real estate industry have entered the stock market one after another.

There are still a lot of funds to buy gold.

Qianlu Bank has launched an electronic gold transaction.

After buying gold, there is no need to take physical goods, and the gold still exists in Qianlu Bank's vault.

Qianlu Bank built two large vaults in Beijing and Chengdu, which store a large amount of gold.

In addition to being a currency and investment product, gold is also an industrial material.

On the semiconductor chip, gold plating on the back of the chip solves the electrical connection between the single crystal silicon wafer and the base, etc.

Mota Semiconductor requires a lot of gold every year.

In addition to some complicated industrial demands, China consumes more than 100 tons of gold in industry every year.

In other words, gold is already an important raw material for China's industry.

Storing gold does not only focus on its monetary and financial attributes, but also on its rare industrial raw materials attributes.

In fact, in addition to reserve gold, pension fund companies also store some other rare metals.

The price of rare metals will definitely rise gradually in the future, which is OK.

Pension fund companies have huge amounts of funds, so it is quite appropriate to sell low and buy high.

Chen Huaiqing's eyes moved away from the Western Securities Exchange. Pension Fund companies have already invested part of their funds in finance, and it is not suitable to continue investing.

Still continue to buy rare metals.

There is no need to buy antiques or something.

Next, we have to consider the matter of gradually selling.

For Chen Huaiqing, antiques are of no importance to industrial raw material resources.

As the world's largest industrial country, China has a huge demand for various industrial raw materials.

Many industrial raw materials can be provided in China.

Like iron ore!

Is there any iron ore scarcity in China?

There is really no shortage at all.

Is there really no shortage?

It is also very short! It lacks that kind of iron ore.

Most of the iron ore in our country are poor iron ore, with an iron content of 20% to 30%.

The iron content of imported iron ore can reach 60 or 70.

In terms of importing iron ore, it is much cheaper than iron ore mined in China.

The real thing is to have resources in your hands.

Especially, it can be monetized into a resource that can be made into strength.

Money is the thing that can be bought, which is called money.

Money that cannot buy things is not money, and it is no different from waste paper.

"Dongdongdongdongdongdong!"

"Enter!"

Gong Lijiao: "Boss, everyone from all groups in the investment department has arrived."

Yang Ze stood up and said, "Then let's go!"

Several deputy directors of the investment department meeting of the pension fund company were also attended.

Pension fund companies have huge fixed assets, which have been accumulated over the years.

Now there are more than ten trillion.

Most of these fixed assets are land, real estate, etc.

As for things like gold, they are not counted as fixed assets.

It is easy to cash in gold.

Chen Huaiqing has seen the gold holdings of pension fund companies reaching more than 2,600 tons.

These golds have been bought continuously over the years.

After buying gold, the gold is usually given to the mortgage bank and then other investments are made after withdrawing funds.

Some of these golds are purchased internationally and some are purchased domestically.

China is the world's largest gold producer.

A large amount of gold is also held by the people.

Qianlu Bank’s electronic gold is held by citizens in total by more than 3,000 tons.

Of course, in Qianlu Bank's vault, there will only be more physical gold than this.

So much gold is mined every year around the world, and a lot of gold is stored.

"The first batch of low-rent housing has been fully constructed, and the second batch of low-rent housing construction plans for 5 million units have been completed. It involves 168 cities with a total investment of 510 billion."

"It is expected that the cost recovery time will take 25 years to invest in low-rent housing."

This includes daily maintenance expenses, as well as staff salary expenses, etc.

Chen Huaiqing: "What suggestions do you have for the construction of the third batch of low-rent housing?"

"After the construction of the second batch of low-rent housing is completed, we expect that the society's demand for the entire low-rent housing will no longer be so urgent."

In addition to low-rent housing, pension fund companies also have a large number of public rental housing.

Compared with low-rent housing, the expected return time for public rental housing is shorter.

Public rental housing communities must be better than low-rent housing in terms of greening areas, public facilities and auxiliary facilities.

For example, public rental housing communities have special parking spaces for battery cars and special charging potentials for battery cars.

There is also an underground parking lot in the car.

There are two types of charging modes for parking in underground parking lots: renting a fixed parking space and temporarily entering the parking lot to park.

Public rental housing communities also provide preferential treatment for newly graduated college students. Starting after graduation, rent can be exempted for three months.

There are now tens of millions of public rental housing communities across the country.

Investing in real estate at this time is not a primary choice for ordinary residents.

First of all, if ordinary residents buy commercial housing for investment and rent, the cost is much higher than that of the public rental housing community of pension fund companies.

The cost of public rental housing communities of pension fund companies is the construction cost, which can reduce rent to a very low level.

And the purchase price of commercial housing, including construction costs, real estate companies' profits, taxes, etc.

It is not possible to suppress rent to the level of public rental housing.

Of course, some high-end commercial housing still have people rented it.

Because public rental housing is the mainstream rental group.

"After the second batch, our investment in low-rent housing will be adjusted according to social needs."

"In addition, in the management of low-rent housing, we suggest that we must divide the standards for renting. For renters who are not low-income people, we must resolutely clear them."

It cannot be said that those who need it cannot rent it, but those who have financial conditions are left behind.

After all, a large number of public rental housing also requires someone to rent it.
Chapter completed!