Hong Kong: Starting with 10 billion

Chapter 50 Uncle Bao, your support is important!

Raised 1.26 million clean funds from Sun Yee On,
Fang Hexuan immediately contacted Liu Juncheng and the "Big Four" in Stanley.

Their money is ready.

Not much, just 4000 million Hong Kong dollars.

In this way, Fang Hexuan raised 1.66 million yuan from these two associations alone.

He checked all the recent accounts with You Bingwen.
收入方面是0.4+2.125+0.2+6+1.26+0.4=10.38亿。

The miscellaneous expenditures totaled 1.5774 million.

Therefore, the effective funds that Fang Hexuan can currently mobilize are 8.8 million.

Liu Juncheng's 4000 million must also be deducted from this.

The funds needed for reinvestment are 8 million.

Then, Fang Hexuan only has 4000 million Hong Kong dollars in working capital.

Let You Bingwen investigate the villas on the hillside of Taiping Mountain.

After comparing the data obtained,
Fang Hexuan took a fancy to a large American-style flat covering an area of ​​30,000 square meters.

That is Villa No. 12 Barker Road.

The house covers an area of ​​10,000 square meters and has a nice swimming pool.

Surrounded by green trees, it offers excellent privacy.
Next door is the Chief Secretary's residence and the Commander-in-Chief's residence.

Safety is also guaranteed.

But the other party offered 2000 million Hong Kong dollars.
Considering the current real estate market, this price is definitely not cheap.

After some thought, the plan for the villa halfway up the mountain needs to be postponed.

If you can't afford a villa for now, you should buy a comfortable three-bedroom apartment.

Currently the hottest residential project in Hong Kong is Taikoo Shing of Swire Group.

From the start of construction in 1975 to the launch of the first two high-rise buildings, "Dongting Pavilion" and "Poyang Pavilion" in 1976,

The plan is to launch several buildings every year over the next eight years.

Last year, the "Tang Palace" and "Yuan Palace" properties that were listed for sale in 1977 were very popular.
There was even a situation where scalpers and speculators collaborated to fight for the ownership of houses.
In the end, the Hong Kong police had to be dispatched to maintain order.

Such a large three-bedroom apartment costs 350 Hong Kong dollars per square meter, and a 120-square-meter house costs less than 50 yuan.

Fang Hexuan pondered for a moment.
I decided to take my mom and sister to have a look in a few days.

Fang Hexuan doesn't have much time to waste.
He won't feel at ease until the investment plan is implemented.

Although nominally he had 8 million in his HSBC account,
But whether it can be used freely is definitely a big question mark.

For example, he certainly cannot transfer the 8 million yuan at will.

After all, they were all borrowed from HSBC.
They are also afraid that you will transfer the money away. What if you run away?
Therefore, Fang Hexuan's top priority now is to lift this restriction.

Alleviate HSBC's concerns about risks.

But he currently has no valuable assets to pledge.
Therefore, the key to unlock the door may still need to be obtained from Sir Bao.

On the morning of March 5,
Fang Hexuan shamelessly came to Global Shipping to visit Pao Yue-kong.

The shipping king was also a little surprised. Didn’t he just see him the day before yesterday?
But when he heard the other party's intention,

He frowned and said nothing. This matter is indeed a bit difficult to handle.
In business dealings, the word "interest" is key.

If Fang Hexuan really ran away with 8 million Hong Kong dollars,
HSBC will suffer great risks and debt crisis.

"What on earth are you going to do with this 8 million Hong Kong dollars?"

".Invest in gold!"

“Gold? Why would you want to invest in it?”

"I am very optimistic about the appreciation of gold in the next two years."

"How can you be sure that the price of gold will rise?"

“It comes from my own rational analysis of the market and a little bit of intuition.”

"Oh?"

“First, since the United States announced the decoupling of the dollar and gold in August 1971, the value-preserving function of gold will be increasingly recognized and sought after by people.”

"Second, in 1976, the IMF signed the 'Jamaica Agreement', which confirmed the legitimacy of floating exchange rates and promoted the demonetization of gold. Since then, the monetary attributes of gold have weakened, and it has begun to enter the market for free trading in large quantities."

"Third, the US administrations from Nixon to Ford to today's Carter have all been implementing large-scale quantitative easing to varying degrees, causing the dollar to depreciate over the long term."

"Fourth, I mentioned in my previous letter that based on the current situation in the Middle East and my own intuition, I believe that in the near future, a geopolitical crisis will break out again in the Middle East, causing a surge in global oil prices."

"Fifth, the long-term quantitative easing of the US government has led to a high domestic CPI. Although it has fallen recently, once the instability in the Middle East leads to a global energy crisis, the inflation problem in the United States will be exacerbated again."

“The above five points are the main basis for me to believe that gold prices will rise.”

“I don’t know how high the price of gold will go, but I firmly believe it will go up, and by a lot.”

"It's good that you have confidence, but it's not enough to convince HSBC that its $8 million will not go down the drain."

"Uncle Bao, if our Hexuan was just looking for a safe haven, there would be no need to take such a big risk."

"I only need to follow the rules in real estate business and buy stocks of companies I like, and I can make more than a billion in a few years."

"But we Ningbo people have always been a group of idealists who go against the current and take on responsibilities."

"Uncle Bao, you have stepped into this bottomless industry from being a layman who knows nothing about shipping. Isn't that a courage to take risks and go all out?"

"The day before yesterday, you took me to meet so many uncles and aunts. I was deeply moved to see that many of them were already in their sixties and seventies, but they were still working diligently in the manufacturing industry."

"I took the risk of investing in gold just to raise enough funds to enter the gold-consuming industries such as automobiles, electronics and semiconductors to make a difference."

"I insist that the Chinese missed the first and second industrial revolutions and cannot afford to miss the third one."

"Once the mainland opens up, it will be a billion-dollar super market, and any industry will have huge room for development."

"The Chinese cannot be absent from the automotive industry, and we cannot watch the United States, Japan, South Korea and Taiwan leave us far behind in the coming information revolution."

"Perhaps, China does not lack my idealism, but one more person means one more force. It is much easier to join this earth-shaking competition now than to make up for the lessons and catch up later."

"With a population of one billion, China cannot rely solely on making shirts and pants to become a strong and prosperous country. We need manufacturing to drive a large number of jobs."

"Uncle Bao, although I have never been back to the mainland, I can fully feel the people's desire to change their lives and destiny. As a Chinese, I must do something instead of watching opportunities slip away from me."

"Hong Kong people are also Chinese, and Ningbo people are even more Chinese. No matter what, I hope to do my best within my ability, and I hope Uncle Bao can support me."

　Thanks to book friend 20171029004947168 for the recommendation vote!

(End of this chapter)