Video Game Empire
Chapter 202: Invest in Electronics
The itinerary of the Hong Kong delegation to the north was actually very simple. The highlight was the reception dinner the night before and the symposium held afterwards. The Hong Kong delegation organized by Mr. Huo Yingdong is just an unofficial exchange group. The reason why the mainland received high-level reception is to show the central government's attitude of paying great attention to Hong Kong, and to take this opportunity to convey the mainland's official views on the future of Hong Kong. views and policies.
"Li Sheng, I see you chatting happily at the dinner party, but you acted very silent just now!" Xu Shixun took a few steps behind, waiting for Li Xuan, who was walking behind, to follow, and asked him with a smile.
"I'm a junior, I have little experience, and I don't have much experience in these important family and country affairs. It's better to listen and read more!" Li Xuan gently shook his head and explained.
"It seems that your analysis was good. The mainland's position on taking back Hong Kong is very firm. If the British are not willing to back down, the social situation in Hong Kong will definitely be severely affected! Li Sheng, you are in the industry, and the market is always on the rise. Overseas, the impact will not be very big, we will have trouble in real estate!" Xu Shixun sighed and said with a frown.
"Crisis also contains opportunities. Real estate is an industry with obvious cycles, and there will always be peaks and troughs. Sell more properties at peak times and buy more land at low peaks. I believe that after the Sino-British negotiation is settled, everything can be done. Clear the clouds and see the fog!" Li Xuan said with a chuckle.
"Haha, the business of Dongfang Electronics is booming, you can naturally sit on the Diaoyutai! If you do business ¥, w∧ww. It's really that simple, everyone can make a fortune! The real estate industry in Hong Kong has been in a downturn in the past few times. Countless bosses have gone bankrupt and jumped off the building! If you want to make money, you must have the ability to accurately determine where the lowest point of property prices and land prices is, and how long the storm will last! If you make a mistake, you will put money on the house and land. Once the capital chain is tight, you can always It may go bankrupt!" Xu Shixun scolded with a smile.
Everyone understands the principle of buying land at a low price and selling a property at a high price. But there are very few companies that can really take the step to make money.
"What are the two of you hiding behind and talking about!" Another person slowed down with a smile.
The person with a genial smile on his face is Hu Yingxiang. His father is Hu Zong, who used to be a famous "taxi king" in Hong Kong. Like Xu Shixun, he is a rich second generation. But Hu Yingxiang is not a wealthy second-generation idler. In 1969, his father Hu Zong retired and handed over the family business to several sons.
However, Hu Yingxiang resolutely decided to start his own business. With the guarantee of his father and friends, he borrowed a loan of 15 million from HSBC and established Hehe Industrial. The current tallest building in Hong Kong, Hopewell Center, is a commercial building just developed and completed by Hopewell Industrial Company under his name.
Hu Yingxiang is also the youngest person in the Hong Kong delegation except Li Xuan. But even he is more than twenty years older than Li Xuan, and he is forty-five years old this year.
Ordinary people start from scratch. It takes at least half a lifetime to create a career, even if there is the shadow of the father's generation to borrow. Step by step, it will take more than ten or twenty years until you truly master the real power. But Li Xuan only used it for two years, so that countless people can only look at it for a lifetime.
Unlike other tycoons who invest in the mainland, looking ahead and holding back, Hu Yingxiang is going against the current and is very optimistic about the future development prospects of the mainland. His subsidiary Hopewell has just reached a cooperation agreement with the Guangdong Municipal Government to build a new five-star hotel, China Hotel.
And he also brought an issue to the north this time. China's road traffic is too backward to facilitate economic development. He hopes to cooperate with the mainland government to invest in a new expressway from the deep-sea special zone to the city of Guangdong.
"I'm discussing with Li Sheng that he shouldn't eat alone and ask him if he has any other investment opportunities. Bring us together to make a fortune!" Xu Shixun glanced at Li Xuan and smiled at Hu Yingxiang.
"This is a good proposal. Your Dongfang Electronics Company is really enviable! Especially that game console. Now my son's first thing after finishing his homework every day is to play the game console!" Hu Yingxiang said.
"Hu Sheng, I have to remind you first. Children have poor self-control, and playing games in front of the TV screen for a long time will hurt their eyes. If your son becomes short-sighted, don't trouble me!" Li Xuan pretended to be serious and said, causing everyone to laugh.
When everyone returned to the eighteenth floor of the State Guest House, they were not in a hurry to go back to their rooms. Instead, following this rare opportunity to get together, they sat around in twos and threes in a spacious conference hall to communicate with each other.
"Xu Sheng, Hu Sheng, if you really have spare money and want to invest in the electronics industry, I really have a few good projects!" Li Xuan took out a gadget from the briefcase in the assistant's hand behind him.
"This thing is called a walkman, and I like to call it a Walkman! It was a portable music player developed by Sony in 1979!"
Li Xuan pressed the start button, unplugged the earplugs, and a melodious piano song immediately came from the Walkman.
He continued: "Its main function is that people can listen to songs anytime, anywhere, and of course people who are learning foreign languages can also use it to listen to foreign languages! Since Sony launched the first walkman in 1979, it has been less than two years since Sony launched the first walkman. 2 million units have been sold annually!
Don't look at the size of this thing, but the price is not cheap, it costs 800 Hong Kong dollars in the Hong Kong market! But although the price is high, fans who like to listen to songs are willing to spend all their money, and it has recently become popular all over the world! If you are interested in investing in building a factory now to produce this Walkman. Definitely a good deal I promise! "
"Technical support is needed to produce this thing, and the Japanese may not be willing to sell technology!" Xu Shixun asked with some temptation.
"This kind of Walkman is not something with very high technical content. The Oriental Research Institute has completed a full set of technical development. If Xu Sheng is interested, the Oriental Research Institute can provide technical support!" Li Xuan pressed another button.
"If Xu Sheng is interested, the Oriental Research Institute can provide technical support." Li Xuan's words just now were recorded and repeated from the Walkman.
"This product in my hand is an experimental product developed by the Oriental Research Institute. It has the functions of recording and receiving broadcasts!" Li Xuan fully displayed the product in his hand, and then took the headset that he just unplugged from the Walkman. Holding it in the palm of his hand, "As the Walkman sells well in the global market, the demand for this type of earphone is also rising rapidly, and it will be a good industry in the future! However, this thing has a lower technical content, although the investment is not large, but in the future other The threshold for people to join the competition is also lower!”
Visionaries such as Xu Shixun and Hu Yingxiang have seen that Hong Kong's real estate industry may face a downturn in the next few years, and began to diversify investment to reduce risks. Hu Yingxiang chose to go north to the mainland, while Xu Shixun seems to be interested in investing in the electronics industry.
This must be good news for Li Xuan. The political turmoil in Hong Kong in the next few years will greatly affect the real estate, finance and other industries, while the manufacturing industry will be less affected because the market is external.
If Li Xuan can continue the microcomputers in the past few years and attract a group of safe-haven capital from the real estate and financial industries to join the investment in the electronics industry, he can undoubtedly further expand his influence. After all, he cannot rely on himself alone. support the entire electronics industry.
"If you are free, you can visit the laboratory building of our Oriental Research Institute near CUHK after returning to Hong Kong. Many scientific research results of the research institute can be transferred to colleagues in the industry in Hong Kong!" Li Xuan called the Oriental Research Institute by the way. advertise.
Like the digital pager technology that Li Xuan transferred to his eldest brother, although the Oriental Research Institute has followed up on the Walkman technology, it is not ready to enter the industry.
"Li Sheng, you are giving everyone the opportunity to make money, the God of Wealth Li really deserves his reputation!" Hu Yingxiang said with a smile.
He still belongs to the middle-aged generation in age, and he accepts new things faster than others. At a glance, he feels that this Walkman project has investment value.
Li Xuan smiled, but looked at another person not far away and said, "Zhong Sheng, you are the chief member of the Executive Council and the Legislative Council. The Hong Kong government's support for the industry is not enough. You should help us more. Appeal! For example, the recently promulgated "Water Pollution Management Regulations" imposes too strict restrictions on the industry. Although I support environmental governance, I must also take into account the interests of all parties.
For example, the "Water Pollution Management Ordinance" will cause the production cost of leather processing and other industries to rise sharply, affecting the competitiveness of Hong Kong's manufacturing industry! The Hong Kong government has not provided support and compensation in other areas, which is forcing Hong Kong bosses to relocate their factories. If Hong Kong's industry collapses, how will the food problem of two or three million industrial workers be solved? "
Whether it is from national feelings or from practical interests, Li Xuan can't have too much affection for the British Hong Kong government. Hong Kong is a British colony, and the British Hong Kong government naturally wants to safeguard its colonial interests.
In the early days, the main interest of the British in Hong Kong was trade~www.readwn.com~ But after the Korean War, the Hong Kong government imposed an economic blockade on the mainland under strong pressure from the United States, and Hong Kong's entrepot trade shrank sharply, forcing it to undergo economic transformation. , relying on textile and other light industries to start the economic take-off.
At this time, the main interests of British-owned groups in Hong Kong gradually shifted to real estate. Companies such as Jardine Matheson started to develop real estate by relying on the large amount of land they owned in the early days. The Hong Kong government is very cooperative in raising the price of land, and robbing each other of the wealth accumulated by the citizens through industrial prosperity.
The main income of the Hong Kong government comes from the sale of land, so its policies have always revolved around the real estate industry, and paid little attention to the industries that really laid the foundation of Hong Kong's economy. This can be clearly compared from the policies formulated by Singapore and Hong Kong.
Both areas have less land and more people, and they have relied on light industry to achieve economic growth since the 1950s and 1960s. However, Singapore has vigorously supported industrial upgrading and transformation since the mid-to-late 1970s. Not only did it rely on its geographical advantage of being located at the throat of the Malacca route, it vigorously developed the petrochemical industry, but also focused on supporting the emerging electronics industry. On the other hand, the Hong Kong government, under the pretext of active non-intervention policy, has repeatedly rejected several industrial upgrading and transformation plans proposed by think tanks such as the Hong Kong Economic Development Council.
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