Hong Kong: Starting with 10 billion

Chapter 12: Business Opportunities of Several Hundred Million (Please Collect, Recommend, and Subscribe)
February 2, the fourth day of the Lunar New Year,

Today is the first day of the holiday in Hong Kong.
The prison guards who were on leave at Stanley Prison have gradually returned to work.

The prisoners also returned to their normal working order.

Fang Hexuan still attends classes in the morning and works in the laundry room in the afternoon.

The atmosphere of the first class of the beautiful teacher Li Leshi after the New Year is still lively.

Fang Hexuan was called into the office again.

Learn the latest kissing techniques from Teacher Li.

Running in both directions,

Li Leshi is happy to teach,
Fang Hexuan was excited to learn.
Both of them gained a lot.

Before leaving, Li Leshi took out a thick book and handed it to Fang Hexuan.

Then smile sweetly.

At noon, he began to study the "Hong Kong Economic Yearbook" without stopping.

The book is a good book.

There's a lot of data in there.
It provides Fang Hexuan's future vision with practical feasibility.

He flipped through the pages for a while.

Fold all the pages you want to see according to the directory.
Convenient for quick reading later.

At the end of the night,
Jiu Wenlong entered the cell carrying two cups of milk made from low-quality milk powder.
He teased Fang Hexuan who was reading:

"Tsk tsk tsk, Axuan, you are really born to study."

"At this point, other prisoners are either smoking marijuana or reading pornographic books."

"I've never seen anyone in prison holding such a thick textbook. You're the first one. You're sharp!"

"This is not a textbook, it's an economics journal. Look."

Fang Hexuan took the milk and handed the book to the other party.

Jiu Wenlong took the book, looked at the cover, and read:
"Hong Kong Economic Annuity?"

"Pfft!"

Fang Hexuan just took a sip of milk when he was amused by Jiu Wenlong's mispronunciation of a word and spit it out.

"It's 'Jian', the Hong Kong Economic Yearbook. Brother Long, you are really humorous!"

Jiu Wenlong scratched his head embarrassedly and smiled awkwardly:
"I only went to primary school for six years, and I have already forgotten many of my words."

"I only studied six years longer than you, don't be embarrassed."

Fang Hexuan comforted.

Jiu Wenlong said nonchalantly:

"It's okay. I'm too shy to come out and mingle. By the way, Xuan, do you want to study on your own in prison and then go to college?"

"Pujie, do you think I'm a nerd? I'm looking for business opportunities!"

Fang Hexuan first shook his head, then smiled mysteriously.

"What business opportunity?"

Jiuwenlong became excited.

Fang Hexuan put down the milk and said while flipping through the book:
"Of course it's a business opportunity to make money, and a business opportunity to make a lot of money."

"How big is it?"

Jiu Wenlong's eyes suddenly lit up and he asked quickly.

“A business worth hundreds of millions.”

"Tiao, I think you have been too much studying and are you bragging?"

Jiu Wenlong just thought he was joking.

Fang Hexuan pursed his lips and did not explain immediately. Instead, he turned the book to a certain page and pointed it to Jiu Wenlong:
"Take a look at this 'Statistics of Visitors to Hong Kong from Various Places in 1976-1977'."

“What business opportunities can this reveal?”

Jiu Wenlong came over, looked for a long time, then scratched his head in confusion.

Fang Hexuan explained: "Let's look at last year's data."

"In 1977, there were 260281 people in the United States, 38737 in Canada, 143777 in Australia, 19373 in New Zealand, 95863 in the United Kingdom, 29088 in France, 44654 in West Germany, 18268 in Italy, 10939 in the Netherlands, 14271 in Switzerland, 480316 in Japan, and 52286 in Singapore,"

"Not only is the number of people from these countries coming to Hong Kong increasing year by year, but they are also people with high spending power."

Jiu Wenlong nodded, and then asked:
"That makes sense, but what does this have to do with hundreds of millions of Hong Kong dollars?"

"These inbound passengers from developed countries are mainly business people and tourists."

"Therefore, we can at least identify five major industry business opportunities from this."

"First, the demand for high-end office buildings and shopping malls in commercial real estate will grow rapidly."

“Second, the demand for mid- to high-end hotel rooms in the hotel industry will grow rapidly.”

“Third, demand for luxury goods in the retail industry will grow rapidly.”

"Fourth, the demand for Western restaurants, Japanese restaurants and coffee shops in the catering industry will grow rapidly."

"Fifth, the demand for disco, KTV, Japanese nightclub, music bar, izakaya, game hall and other entertainment industries will grow rapidly."

"If you are rich, you can buy old buildings or land in popular areas such as Central, Wan Chai, Causeway Bay, North Point, Tsim Sha Tsui, Tsim Sha Tsui East, West Kowloon, Mong Kok, etc. to build new high-rise buildings, department stores and mid- to high-end hotels. You can also invest in chain restaurants and entertainment venues in these prosperous areas to achieve rapid expansion of personal wealth and company market value."

"If you are a well-off middle class, you can buy as many shops as possible in famous shopping paradises such as Queen's Road, Causeway Bay, Temple Street, Tung Choi Street and Fa Yuen Street, and then collect crazy-increasing rents every year."

"If you are an ordinary person, then you can buy the stocks of the top ten listed real estate developers and the top five listed hotel groups, which will also make you a sure profit."

Jiuwenlong nodded, as if he was thinking about something.

Fang Hexuan flipped through a few more pages, pointed at the book and said:
"Take a look at this 'Hong Kong authorities' financial expenditure list'."

"I know how to pronounce these numbers, but what business opportunities are there? Don't keep me in suspense."

Jiuwenlong was a little annoyed.

"Scumbag, we are in prison now, so of course we have to look at the data from the prison department."

Jiu Wenlong was still a little confused and asked:

"So what if you know?"

"In 1976-1977, the financial expenditure of the Prison Department was HK$87285158."

"In 1977-1978, it was HK$104118701."

"We assume that the entire prison department has 2500 employees, with an average salary of HK$3000 per person."

"The Prison Department spends HK$9000 million a year just on basic salaries."

"And all the expenses last year were only HK$1.04 million."

"Even if the average salary is not HK$3000 per person, the annual salary of so many employees still accounts for a large part of the Prisons Department's financial expenditure."

"But I heard from Da Yanming that the Prison Department publicly released data that the monthly expenditure for each prisoner is 400 Hong Kong dollars."

"There are currently approximately 9000 inmates in prisons, detention centers, training centers, drug rehabilitation centers, correctional facilities, and labor centers under the Prisons Department."

"According to this calculation, the annual expenditure on prisoners is 4320 million Hong Kong dollars."

"If we also take into account the daily office and maintenance expenses of units at all levels, HK$1.04 million a year is far from enough."

"So, in order to avoid a deficit, the prison service has to either cut the salaries of all its employees or significantly reduce the treatment of 9000 inmates."

"What do you think the prison officers will do?"

Jiu Wenlong looked at the numbers that Fang Hexuan calculated on the white paper with a short pencil, and thought for a long time before he suddenly realized:
"Fuck, they stole our money."

"To be precise, they are using our living expenses for other purposes, such as subsidizing the salaries of prison guards."

"Each of us should normally spend 400 yuan a month, and 240%, or yuan, is spent on prison food, including three meals a day and the weird-tasting milk we are drinking now."

"Da Yanming also said that according to the estimates of prisoners who worked as purchasers before entering prison, the average daily food expenditure per person is only 2 Hong Kong dollars, and it definitely does not exceed 80 Hong Kong dollars a month."

"So, the prison department took HK$160 from each prisoner's ration every month. For 9000 prisoners, that's HK$1728 million a year."

After hearing this, Jiu Wenlong was stunned, and his not-so-palm face turned red.

Fang Hexuan seemed not to notice and muttered to himself:
"There are hundreds of millions of business opportunities here."

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　Thanks to JoyQu riding five chickens and book friend 20171029004947168 for their recommendations!

(End of this chapter)