The rise of a great power: starting with military industry

Chapter 292: Build a factory in Hong Kong?
Similarly, Liu Tao is also a beneficiary of this new and old cadres.

The head office of Huaxia Panshan Group made three consecutive jumps and jumped directly to a deputy senior official unit.

The registered capital is RMB 20 billion, and the legal representative is Liu Tao.

Liu Tao's basic salary also increased from 217 yuan to 310 yuan.

China Southwest Ordnance Industry Group Corporation and China Southwest Industrial Group Corporation were upgraded to department-level units.

Other companies were upgraded to deputy-department-level units.

So even though Liu Zhenbang's administrative level has been raised by two levels, it is still three levels lower than Liu Tao.

This time, new and old cadres appeared not only in the government and state-owned factories, but also in the army.

Many leading cadres have stepped back to allow younger cadres to take over.

Suddenly, Liu Hongying called Liu Tao to answer the phone.

After Liu Tao answered a phone call, he hurried out with his guards.

In the conference room, a leader was reporting on the situation in Hong Kong. Liu Tao was sitting in a corner, listening very attentively.

The speed of the collapse of Hong Kong's property market is faster than anyone imagined. In less than two months, the average price of Hong Kong's property market has plummeted by two-thirds. The main force behind this price plunge is Hong Kong's middle class.

This group of people have certain savings and good abilities. They are not worried about not being able to find a good job in other areas. So since Mrs. Thatcher fell last month, they have been eager to leave Hong Kong and go to a place they think is safer.

These people have started to sell off their houses, and in the past few years when everyone in Hong Kong was speculating on real estate, these middle-class people own more than one property. They also regard buying houses as investments, and some families own two or even three houses.

At this time, in order to sell the house as quickly as possible, they offered a price much lower than the market price.

When they find it difficult to sell, they even sell at the price they bought it at, as long as they can avoid losing money.

Hong Kong housing prices have more than doubled in just a few years from 78 to now. For those who bought earlier, the price was probably only half of the peak period, or even lower. Even if they cut the price by two-thirds now, many people will not lose money.

The stock market and the property market collapsed, and the situation was bleak.

"Comrade Liu Tao, please introduce the situation on your side." The leader called Liu Tao's name.

Liu Tao now understood why his leader called him to attend the meeting.

"This time we initially raised 40 billion Hong Kong dollars and 20 billion US dollars to prepare for bottom fishing at low prices. Later, we used 40 billion Hong Kong dollars to short the Hong Kong stock market with a leverage of 200 times, making a profit of 528 billion. The total funds for bottom fishing were billion Hong Kong dollars," Liu Tao reported.

"The current situation is just a manifestation of everyone's panic. Hong Kong still has a good foundation and an advantageous geographical location. Once everyone calms down, it will definitely recover." Liu Tao said.

A leader frowned and said, "Now we have to deal with a problem. That is how to stabilize the situation. Otherwise, it will be very disadvantageous to us. If someone instigates something, something might happen."

"In the final analysis, it is still the industry. Hong Kong needs industry to support it. Previously, Hong Kong was mainly based on real estate, which is still unsatisfactory." A leader said, "But apart from real estate, which is the pillar industry, what else does Hong Kong have?"

Liu Tao frowned slightly, because this statement was very realistic and cruel.

Nine and a half out of ten top families in Hong Kong are mainly engaged in the real estate industry. Even Henry Fok has a large real estate company under his command. It can be said that Hong Kong's economy began to develop abnormally a few years ago. When everyone found that the profit earned by their company after a year of hard work was not as much as the profit brought by the appreciation of a few houses, they would also invest in real estate.

After all, the real estate industry is so good, simple and effortless, the profits are very high, and the returns are very quick.

However, once the real estate industry collapsed this time, Hong Kong's economy showed its true colors. The false prosperity that Hong Kong had previously supported by high housing prices finally showed its true appearance at this time.

"Comrade Liu Tao, what do you think, is there any way to enable Hong Kong to have a pillar industry to replace real estate?" The leader looked at Liu Tao.

Liu Tao manages the huge Panshan Group, but at the same time, Liu Tao is a technician and a scientist!
Liu Tao hesitated for a moment before saying, "There are 526 million people in Hong Kong now. This number is very large, but also very small. We can develop the electronics industry, which is a high value-added industry and can generate relatively high profits. There are still many talents in Hong Kong, so we can use this as a starting point."

"In the future, Hong Kong's development can focus on electronics, finance, shipping and service industries, and it can also serve as a transit station for the export of some of our products," said Liu Tao.

"Can your Panshan Group set up properties in Hong Kong?" the leader asked. This was also the reason why he asked Liu Tao to come to the meeting.

Liu Tao nodded and said, "That's no problem. We can build computer manufacturing plants, semiconductor plants, air conditioner refrigerator batteries, etc. in Hong Kong."

"By the way, we are currently developing mobile phones. We can also build a mobile phone production plant in Hong Kong, which will be responsible for exports, while our domestic factory will be used exclusively for domestic sales." Liu Tao said, as if he remembered something.

"That's good!" The leader said with a smile, "It seems that young people have good brains and can come up with a solution right away."

Liu Tao said: "Leader, there are concerns here. Will the British disrupt this? After all, they are the ones who manage Hong Kong now."

"Don't worry about that. The working group has already entered Hong Kong and entered various departments to learn from the British how to manage the city." The leader waved his hand and said, "You have set up that security company. Don't you have 3,000 to 4,000 people now?"

When Liu Tao heard this, he was secretly surprised. He didn't expect the speed to be so fast and the working group had already gone to Hong Kong.

But you should study hard.

"You need to hurry up and take care of the factory's affairs. The current chaos cannot continue for too long," the leader warned.

Liu Tao said: "I understand!"

"How much US dollars can you take out now? We have to make some preparations for the stability of Hong Kong." The leader looked at Liu Tao.

Liu Tao calculated for a moment and said, "We can come up with $40 billion."

When the other leaders heard the number Liu Tao said, they couldn't help but be surprised.

You know, not long ago Liu Tao mobilized 30 billion US dollars, and now he can even take out 40 billion US dollars.

"Haha, your Panshan Group is rich enough to rival a country. Even the State Administration of Foreign Exchange does not have as many US dollars as you do." The leader laughed happily.

Liu Tao looked embarrassed.

"This is not my money, it belongs to the country." Liu Tao touched his head embarrassedly and said quickly.

The other leaders all burst into laughter, and some even called Liu Tao "God of Wealth".

(End of this chapter)