Rebirth of the Wild Age

Garden house, transparent from north to south; full layout, check in with bags.

This sea-view villa is located near Repulse Bay. Compared with the mansions of those super tycoons, the location is not particularly good and the area is not particularly large. But even so, it is a sea-view room in Repulse Bay anyway, and Song Weiyang spent 25 million Hong Kong dollars to take it from the bank.

Change to a year ago, at least 40 million or more!

Why is it said that a financial turmoil has turned countless Hong Kong people into negative equity? Just because of the property market and the stock market!

In Hong Kong City’s stock and property markets, the asset mortgage rate is very high.

Take blue chip stocks as an example, HSBC stock can be mortgaged 80%. In other words, for 100 Hong Kong dollars worth of HSBC stock, investors only need to pay 20 yuan, and the rest can be provided by banks or securities companies as loans.

In the same way, the mortgage rate of real estate in Gangcheng has exceeded 80%. A house of 1 million Hong Kong dollars can be bought happily with a down payment of more than 100,000.

The stock market plummeted by Soros, causing banks to constantly drew money from customers. Not to mention the principle and calculation process, the situation is roughly like this. The stock price of 100 yuan fell to 50 yuan, and the stockholders who only paid 20 yuan for stocks had to make up 60 yuan to the bank. What should I do if I can't repay the bank loan? Then sell the house.

In one year, the housing prices in Hong Kong City were directly cut in half. There are too many people selling houses!

The Central District saw the worst decline. Last summer, houses of 30,000-50,000/sq. ft. fell directly to 10,000-20,000/sq.

The collapse of the housing and stock markets has also caused a series of bad effects, that is, countless companies close down or lay off employees, and the unemployment rate in Hong Kong City is close to 5%. These unemployed people can't afford to lend, they can only watch their houses being auctioned off by the bank, or borrow money everywhere.

Most negative equity holders are innocent.

They worked honestly and worked hard for more than ten years to save money to buy a house. Before they lived for a few days, the house price dropped to half of what it was when they bought the house. Or if I had some spare money, I took advantage of the hot stock market to enter the market and speculate twice, and suddenly it collapsed and I owed the bank a huge debt.

The actual situation of Port City, which successfully resisted Soros's attack, was worse than that of Singapore, which was defeated by Soros!

Singapore’s GDP shrank by only 1.4% in 1998, while the GDP of Hong Kong City shrank directly by 5.5%. It was not until ten years later that the GDP of Hong Kong City returned to the level of 1997.

...

Guo Xiaochun was wearing beach shorts, sitting by the pool of the villa, smoking a cigar and happily: "Such a big house, really let me live?"

"Lent it to you," Song Weiyang said, "I don't often live in Hong Kong. It's not good for the house to be empty for too long. You move in to help me watch it."

"Then I would be disrespectful!" Guo Xiaochun likes to read martial arts novels, often with idioms popping out of his mouth.

Chen Tao was wearing a bikini with a pink shawl diagonally around her waist, holding a plate of cut watermelon and walking to the swimming pool, smiling and putting it down and saying, "It's hot, eat some melon to quench your thirst."

The murder weapon was too scary. Guo Xiaochun only glanced at it and swallowed, then quickly looked away, picked up a piece of watermelon and said, "Thank you."

"Why are you dressed like this?" Song Weiyang asked in surprise. It's not that he is too conservative, but that Chen Tao is relatively conservative and can't wear such avant-garde style.

Chen Tao sat on the recliner and smiled: "Mary helped me match it up."

Mary is Guo Xiaochun's cohabiting girlfriend, Li Lifen, who lives in a rural area in the New Territories and goes to work in the city after finishing high school. I don’t have much skills. I can only work as a clerk in a small company. I recently studied accounting at night school. My dream in this life is to buy a house in Kowloon.

Li Lifen came out with a plate of lemonade and smiled and handed Song Weiyang a glass: "Boss, please use it slowly!"

Song Weiyang smiled and said, "Don't call me the boss, you are my future little aunt."

"It's early." Li Lifen turned his head and glanced at Guo Xiaochun.

Guo Xiaochun immediately said: "Get married next year!"

Suddenly there was an engine guy outside the gate of the villa, and the newly hired Filipino servant soon brought people over, and then went to do his own job very sensibly.

Song Weiyang immediately stood up from the recliner, stretched out his hand and smiled from a distance: "President Liang, look up to the name for a long time!"

"With each other, I have also admired Song Sheng's name for a long time." Liang Botao smiled.

Song Weiyang asked: "I don't know if Mr. Liang came to visit in person, what big business is there?"

Liang Botao said: "Whether you are in business or not, you should come and visit. You can make friends first."

Song Weiyang smiled and said: "I want to dig up Chief Liang over and serve as the head of Taurus Capital. It's a pity that you are Li Chaoren's chief military adviser, and my small temple can't provide for the Great Bodhisattva."

"Song Sheng laughed," said Liang Botao, "Boss Li and I are just friends and partners, and we can't talk about a chief military officer."

Liang Botao, known as the "father of red chips" by the people of the rivers and lakes, was basically operated by him for the mainland state-owned enterprises listed in Hong Kong City in the 1990s. Peregrine, founded by him and Du Huilian, is the largest investment bank in Asia (except for the Japan-Benz region), behind which more than half of the Hong Kong city's wealthy people stand.

Peregrine went bankrupt earlier this year...

This investment bank has too many businesses in Southeast Asia and was directly affected by the Asian financial turmoil.

Under heavy losses, the British Du Huilian stood out from the crowd and wanted to go back and forth in Indonesia. He felt that Indonesia was already so bad that it couldn't get worse, and it couldn't continue to fall. So he sold 2 billion Hong Kong dollars in assets and invested all of it in Indonesia, an "emerging market that can be used for bargain hunting."

As a result, the value of the Indonesian rupiah plummeted by more than 50% again, and more than $200 million in corporate bonds issued by Peregrine became waste paper.

These two waves of operations caused Peregrine’s loss of 40.6 billion U.S. dollars, and the largest investment bank in Asia, except for the Japanese Benzene region, ended in this way.

International speculators headed by Soros also added a fire. They learned that Peregrine was buying bottoms in the Indonesian market and immediately shorted the Indonesian Rupiah again. On the day that Peregrine went bankrupt, the HSI plummeted and Hong Kong stocks collapsed!

Including Li Chaoren, they have paid a huge price for this. These Hong Kong wealthies are all shareholders of Peregrine.

After Peregrine went bankrupt, Liang Botao immediately went to France, where BNP Paribas acquired many businesses of Peregrine, and established BNP Peregrine with Liang Botao as the vice president.

Song Weiyang certainly knew that Liang Botao, whether in his previous life or in this life, belonged to a well-known figure in the Chinese business community.

For example, when JD.com was the most difficult in 2008, Dongge asked more than 40 investors to negotiate financing, but they all returned to no avail. In the end, Brother Dong entrusted the relationship everywhere, had a meal with Liang Botao, and quickly got the investment to solve the urgent need.

Liang Botao asked: "Song Sheng, why are you sure that Soros will lose to Hong Kong City?"

"Because the Hong Kong government has the backing of the Chinese government." Song Weiyang said.

Liang Botao said: "In the August and September battles, it seems that the Hong Kong government did not use mainland funds. These days I have been reviewing and summing up some ideas, but even if I do it again, I dare not throw money at the end of August. Go in."

Song Weiyang laughed and said: "It may be that the ignorant is fearless. I don't understand financial expertise, but I think it's like fighting between two armies. Soros's side is a coalition formed by countless international speculators. It is powerful and invincible. Does it resemble the million-strong army of Fu Jian during the Northern and Southern Dynasties? It seems powerful, but it is actually a mess. The Chinese government and the Hong Kong government are like the Eastern Jin Dynasty. Although there are only 80,000 soldiers and horses, they have a firm stand."

Liang Botao laughed: "The first time I met someone talking about finance, I cited history as an example."

"It's always changing," Song Weiyang said. "The situation in Russia and Japan has caused international speculators to lose their grip, and many institutions have withdrawn halfway. The Chinese government has also taken a firm stand, and the Hong Kong government will not admit defeat. This makes international speculators feel that they are triumphant. The day is far away. Many speculators have already made money, why fight another uncertain battle? They can't keep fighting in Hong Kong City, they have other things to do. When the hearts of the people are scattered, the team will be difficult to lead. The army of millions collapsed instantly."

Liang Botao couldn't laugh or cry. Someone dared to make a big bet based on these fallacies, which refreshed his three views.

Song Weiyang said: "Let's talk about it, what can Mr. Liang want to do with me today?"

Liang Botao said: "Two things. One is that Li Chaoren wants to use his shares in BNP Peregrine to exchange Song Sheng's shares in Taurus Capital. The other is that I want to discuss business with Song Sheng, if China Science and Technology is willing to go public in Hong Kong. , I can help with the operation, and all the listing links can be handed over to BNP Peregrine."

Song Weiyang smiled: "Shenzhou Technology will of course be listed, but I decided to list it in the United States."

"That's really a pity." Liang Botao said.

BNP Peregrine has just been formed. Mainland China, Hong Kong City and Southeast Asia are its main business areas, but they are all in an economic downturn. Liang Botao is eager to make a turnaround by operating technology stocks. Historically, Hong Kong City’s Growth Enterprise Market was operated by Liang Botao under such circumstances.

Song Weiyang said: "As for the exchange of shares, it can be considered."

"Then I will help you meet Li Chaoren?" Liang Botao asked.

"No problem," Song Weiyang said suddenly, "In addition, I have something to ask Mr. Liang to help."

Liang Botao said: "Please speak."

Song Weiyang said: "Most of the most powerful securities and investment elites in Hong Kong are working in Peregrine. When Peregrine went bankrupt, Taurus Capital also dug a few, but they were all mediocre talents who couldn't take the lead. Taurus Capital is now The person in charge of Citibank is just a small role in Citibank. I am very short of talents here. Can always Liang help introduce one or two?"

Liang Botao smiled: "I have an old subordinate that suits you well. She is Xu Xin, a native of Shancheng, graduated from the Department of Foreign Languages ​​at Nantah University, worked at the Bank of China headquarters, and was elected the 38th Red Banner Bearer. After Peregrine went bankrupt, she Joined Baring Investment Company and is also an investment partner. This woman is very hardworking, has investment vision and strong execution ability. I originally wanted to focus on training her. You can try to recruit her, provided that you give a small amount of shares ."

"Xu Xin, I know." Song Weiyang couldn't laugh or cry, and turned back after talking for a long time.

In a few months, Xu Xin will contact Ding Sanshi and plan to invest in NetEase.

This woman is actually very tender. For example, Ding Sanshi said to her: "I don't like to manage people, so I want to be a happy technical director. You can find a CEO for me." Xu Xin immediately found a CEO, and finally told her Ding Sanshi's disagreement caused a lot of shit.

Later, Xu Xin summed up his experience: Putting a CEO on the founder may be feasible in the United States, but it is not safe in China. Chinese founders and CEOs are not on the right track, and it is easy to kill the company~www.readwn.com~Chinese founders must be able to make their own decisions.

Of course, this is not Xu Xin's shortcoming. If you switch to other investors, you will also make this kind of mistake. After all, no one can guess what happened in China.

At the same time, Xu Xin is also the first investor in JD.com. In the future, Dongge will be able to contact Liang Botao, and Xu Xin may be the one who will lead the line.

When Dong Ge first contacted Xu Xin, he talked for a total of four hours. Xu Xin asked how much money he needed. Dong Ge said that it would cost US$2 million. Xu Xin said that 2 million is enough. I will give you US$10 million.

Jingdong’s financial director was also called by Xu Xin, because Jingdong didn’t even have an accountant at the time. Dong Ge is a thief, thinking that the financial director's salary is too high, and Xu Xin will bear half of it if he is killed. Two months later, Dong Ge smiled and said: "People with 20,000 yuan are better than 5,000 yuan. You can find some more for me."

Xu Xin is not a traverser. With his vision, he can become the first investor in NetEase and JD.com.

It must be recruited!

Song Weiyang smiled and said, "Then trouble Mr. Liang and ask me to meet Xu Xin."