The Industrial Giant Reborn.

Chapter 378 High-tech industrial park and new run-on crisis
"Chen Sheng, hello." You De smiled and shook hands and said: "Last time, you handled the run on Hisense Bank very well. Prime Minister Thatcher expressed a very high level of support to you. She thinks you are the future of Hong Kong. Tomorrow's star is also Hong Kong's highest achievement under the glory of Her Majesty the Queen."

"Mr. Governor, thank you." Chen Zhiwen was a little speechless about this aura. His career has a ghostly relationship with the Queen of England. Even if he is not in Hong Kong, he still has the opportunity to grow up in Wanwan or even the United States.

It's just that Hong Kong's real estate market is a super cash machine when it knows the future direction. This is difficult to replace in other places, and only a city like Hong Kong with weak economic resilience will cause the real estate market to fail for several years. There will be violent fluctuations up and down. If it is another larger economy, the time will definitely not be so long. Even in the next-door Wanwan, the fluctuation of real estate is far less than that of Hong Kong.

Governor Youde continued: "Her Majesty, the Prime Minister and our British House of Representatives all appreciate the Chinese entrepreneurs who can succeed in Hong Kong. Without you, Hong Kong would not have the economic achievements it has today. This is the joint efforts of all of us. The achievements and glory obtained later, so all of us should unite together to protect this achievement and glory, shouldn't we?"

The hidden meaning of this sentence is obvious. Chen Zhiwen naturally understood that he wanted his own team, so he said: "Of course I hope that Hong Kong's economy will get better and better."

There are no reporters in the core area of ​​this banquet, but there are other political and business celebrities around Chen Zhiwen and Youde. You can’t deny what you said. Once you are lured into a trap, you may see it in the newspaper the next day. Chen Zhiwen Naturally, we are very cautious about this, and just say some empty words. No matter who it is, who doesn't want Hong Kong's economy to get better and better?Even the Hong Kong British government, which broke the pot in the later period, dare not speak ironically in public.

"Of course, with entrepreneurs like Chen Sheng, our Hong Kong economy will definitely become stronger and stronger." Youde also understood that Chen Zhiwen was going around in circles, and he didn't force it.

"I am naturally willing to do my best to serve Hong Kong's economy." Chen Zhiwen added: "However, Hong Kong's industry will have some troubles in the future."

"What kind of trouble?" Yoder suddenly became interested.

"The rise in labor costs and land prices has forced many factories to move away, and once they leave, they will never come back," Chen Zhiwen said.

"The transfer of low-end industries should be inevitable for the development of each region, right? Isn't it the same in the United States, Europe, and Japan?" Youde also understands economics and said after thinking about it.

"However, in these countries, low-end industries began to transfer only after they had high-end industries. Hong Kong is different now. There are no high-end industries. Once low-end industries are transferred and introduced, the entire industry will disappear." Chen Zhiwen said .

"Although I don't know much about the electronics industry, I know that Midea has been rated as one of the top ten electronics companies in the world by the American "Fortune". The electronics industry should be considered a high-end industry, right?" Youde said.

"Midea is indeed a high-end industry enterprise, but Hong Kong does not have relevant high-end supporting facilities. Midea's factory in Hong Kong is only for assembly and basic shape parts production. It is not a high-end industrial chain. If it is not because I am For Hong Kong people, it is more appropriate for Namidi to have its headquarters in Wanwan. At least there are a large number of high-quality electronics talents there, and the industrial chain is also much more mature.” Chen Zhiwen said: “Without any advantages, if Hong Kong’s labor costs increase If it continues to rise, Midea's assembly industry will also be transferred out."

"Then what does Chen Sheng mean?" You De was taken aback, and quickly asked, the number of jobs created by Midea Group in Hong Kong is very scary, that is, directly, it may not be less than 4 people, including a large number of Midea headquarters High-income talents, and because these people's welfare is very good, their spending power can at least drive the indirect employment of tens of thousands of people in Hong Kong.

If such a large enterprise is relocated, the impact on Hong Kong's economy will be very large, and the indirect impact cannot be estimated at all. Just think about tens of thousands of young people starting businesses, and the impact on society will be very bad. These days, an important reason for economic development in various regions is to stabilize young people. Otherwise, these people will have no jobs and no income, which will inevitably cause social chaos.

"We can't change the labor cost, but there is still room for manipulation in the leasing cost. I hope that the price of industrial land in the future must be greatly discounted, so that at least some related industries can be delayed. The speed of transfer. "Chen Zhiwen said.

"The cost of Chen Sheng's Midea Industrial Park is not high, right? And it's your own too." Youde said.

"Hong Kong's industrial cost is nothing to me, but it is too expensive for other factories. If these factories are gone, Midea's factories will not be able to survive alone. A large factory needs enough related supporting facilities. Otherwise, the transportation cost and time cost would be too high." Chen Zhiwen shook his head and said.

In fact, Hong Kong's economy has inevitably moved towards the original historical path. Inquiry, the second is to fight for the last chance for some industries in Hong Kong.

When housing prices quadruple within 6 years, all costs of the entire society will increase substantially. Entrepreneurs will not only face rising labor wages, but also higher rental prices. This will affect Midea and its suppliers. For such a company with a high profit margin, a short period of time is not a problem, but in the basic manufacturing industry, it is almost unbearable, because you are not as good as your counterparts in the Gulf, Southeast Asia, and South Korea. With the same culture, low-end industries have begun to transfer in an all-round way.

Once the low-end is transferred, the high-end will be a grassroots without roots, and it will go bankrupt if it does not go.

"Reducing the cost of industrial land has too much impact, and I can't make a decision on my own." Youde said after thinking for a while.

"This is natural. I don't mean to reduce the cost of industrial land in Hong Kong, but to choose a place. The Hong Kong government will give a certain area to set up a high-tech industrial park. Only some high-tech industries can settle in and obtain high-quality land. The factory area, and the Hong Kong government can also give certain preferential policies." Chen Zhiwen said with a smile.

Although these ghosts often do not agree with the Chinese in Hong Kong, the Governor Youde in front of him has a good attitude towards Hong Kong's industry and is also supportive.

In the original history, after the Hong Kong issue was confirmed in 1985, Hong Kong’s textile industry was in difficulty due to increased costs. Governor Youde personally led a team to Canada, Australia and other Commonwealth regions to promote Hong Kong textiles, and brought back a lot. Although orders cannot stop the trend of the development of the times in the end, they can be regarded as doing their best.

Now, with Midea’s industrial foundation, it is not impossible for Hong Kong to retain a small part of high-tech industries for the future in the 80s. After all, Japan and South Korea’s labor costs in the future will not be lower than Hong Kong’s, but they also have their own industries. , but Japan and South Korea have a large population and enough high-tech talents, so they can maintain the stable development of several large-scale industrial chains for a long time.

This is naturally impossible in Hong Kong, especially the electronics industry, basically impossible to establish a long-term foothold in Hong Kong, but some other high-profit industries with short industrial chains are still possible, such as cosmetics, some precision processing industries, etc., or their own Red Bull drink, but he will not deliberately stay in Hong Kong in order to maintain Hong Kong's industry, at least the Hong Kong government must have strong policy support.

"But, how do you identify it as a high-tech industrial zone?" Youde asked curiously.

"The simplest thing is the proportion of highly educated talents in the factory, or the number of global patents, etc." Chen Zhiwen said.

"High-tech industrial park? The name sounds very interesting. After a few days, I will discuss it with relevant government officials and give Chen an answer. How about it?" Youde thought for a while and said.

"Okay, I'm waiting for good news." Chen Zhiwen said with a smile.Perhaps it is impossible for an industrial park to survive for a long time. After all, the labor cost in Hong Kong will continue to rise in the future, even higher than that in Europe and the United States. However, there may be a few or even a dozen of the hundreds of companies in the industrial park that can survive for a long time. down.

After all, in the original history, under the natural development, several manufacturing companies with a scale of more than 21 billion Hong Kong dollars also appeared in Hong Kong in the [-]st century. Part of the R&D base and headquarters.

Besides, the labor cost is not completely impossible to solve. For example, the Tin Shui Wai land in his hands, because it is far away from Hong Kong Island, the house price will not be ridiculously high, and the labor cost is naturally the same. In his plan, in the future, the land on the Hong Kong side A small part of the industry can be relocated to Tin Shui Wai, and at the same time, its own real estate company can also develop there, eventually forming a mutually beneficial and common development.

But as a whole, Hong Kong can't rely entirely on itself?It is best to have other different industries.

The idea of ​​a "high-tech industrial park" made Youde and Chen Zhiwen chat for a few words, then said goodbye, and then went to other people.

Like Chen Zhiwen, most of the rich Chinese present are wise and safe. No matter what their mentality is, they are all the same on the surface. Only a small number of people are on the side of Hong Kong Ying for their own interests. There are naturally those who are opposite Hong Kong and Britain, but the Hong Kong government has already made a list, so naturally they will not invite them here.Hu Yingxiang, for example, recently made large-scale investments in the mainland, one after another. Although the Hong Kong and British governments did not say anything, they saw everything.

Half an hour later, Youde finished visiting everyone, and the auction officially started in the upper area. Regardless of the real purpose, since it is a charity auction in name, of course it has to be auctioned.

Some of the things at the auction are collections of the Hong Kong government, and some are donated by some rich people.This auction will also be published in several official newspapers tomorrow. It can be said that it can be recorded in history. Therefore, many people are very interested.

Some antiques were easily photographed for millions of Hong Kong dollars. The heads of several British consortiums were very interested in this, as were some Chinese. Chen Zhiwen did not participate at all, and his money would not be used to feed dogs. will spend here.

A week later, Chen Zhiwen got a call from Hong Kong Governor Youde. The Hong Kong government has agreed in principle to the plan of this high-tech industrial park, but there is no plan yet for the choice of where and how to build it.

Chen Zhiwen can only express his "happiness" about this. When it comes to the transfer of a large amount of cheap land, the efficiency of the Hong Kong government may not bear to look directly at it. The conflict of interest is too great. As early as the end of the 60s, the Hong Kong Industry Association It was proposed that the Hong Kong government should build a large-scale exhibition base to facilitate industrial buyers from all over the world to visit Hong Kong's industrial products. The Hong Kong government naturally agreed with this matter. There is no need to think about it, and it will be nothing in the end.

Time soon arrived in September, which is the most important month in Hong Kong's history.

However, the iron lady wrestling will not be until the end of the month, and at the beginning of the month, another major event happened. A well-known gold shop in Hong Kong, Xie Liyuan, closed down.

This is a century-old shop that has existed since the Qing Dynasty. It has a long history and is well-known throughout Hong Kong. It is not enough because the family-style business model is too conservative, so it is far from the opponent of Chow Tai Fook and Xie Ruilin. It was surpassed by the younger generation.

Originally, there was no problem in maintaining such a model. We didn’t want to be rich and powerful, but the whole family lived a relaxed and unrestrained life for a lifetime. How to say, the scale was hundreds of millions of Hong Kong dollars. In Hong Kong in the 80s, it was considered a high status. wealthy family.

It's a pity that the current family head is jealous of the profits in the real estate market and will definitely start a second business.

As the saying goes, don't be afraid of the rich second generation eating, drinking and having fun, but be afraid of the rich second generation's hard work.

In order to have funds to enter the real estate industry, contemporary homeowners have launched a "Thousands of Gold Accumulation Plan", which is similar to bank deposits. Users spend money here to buy gold, but the gold is stored in Xie Liyuan. When they want to cash out in the future, Xie Liyuan Gold The shop will return funds according to the price of gold on that day, and at the same time, Xie Liyuan Gold Shop will also provide certain interest.

This kind of project was immediately welcomed by many consumers who like to invest in gold. It can not only earn interest, but also participate in gold investment. In theory, Xie Liyuan Gold Shop only needs to use consumers' funds to buy gold. If consumers cash out, It can be sold again, and the source of profit is the large amount of funds absorbed.

But in fact, this is not the case at all. Xie Liyuan Gold Shop used the money to invest in real estate. As a result, the international gold price on the left rose sharply two years ago, and the housing prices in Hong Kong fell on the right. Under the double blow, the entire company's capital chain appeared. question.

But the problem is lagging behind. After all, many people have kept funds here for a long time, using other people's funds to compensate customers who came to withdraw money earlier, and then until September 82, the company's funds were completely cut off.

This caused panic among countless consumers who had bought gold "futures", and they went to Xie Liyuan Gold Shop to withdraw their own funds or gold.

But at this moment, the Xie Liyuan Gold Shop has long been empty, and the funds in the account are less than one million, so there is no way to pay back the money.

The next day, I don’t know where the wind came from. It was reported that Hang Lung Bank, one of the Chinese-funded banks in Hong Kong, had a close relationship with Xie Liyuan Gold Shop and was a shareholder of Xie Liyuan Gold Shop. Therefore, a bunch of investors holding gold certificates issued by Xie Liyuan Gold Shop I ran to Hang Lung Bank and asked Hang Lung Bank to exchange cash.

This is inexplicable in itself, and was naturally rejected by Hang Lung Bank. The bank has close relationships with many companies, so how could it be possible to take responsibility for the company?
However, the adverse reaction soon came. It was reported in the market that there was a problem with the withdrawal and payment of Hang Lung Bank. In addition, the holders of Xie Liyuan Gold Shop Gold Coupons gathered in a branch of Hang Lung Bank. When the unscrupulous media reported it, they immediately exaggerated it. Seng Lung Bank was run on.

Thus, a real run occurred. On the first day, Hang Lung Bank was withdrawn 7000 million Hong Kong dollars.

(End of this chapter)