Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter six hundred and forty-eight: harvest a basket of happiness(2/2)

"It's necessary. With four times the leverage, if the increase exceeds 20%, it can be doubled!"

"At that time, our funds may exceed US$100 million."

"Haha, it feels pretty good to make capitalist money."

"When I got the money, I immediately started buying office buildings, residential buildings, and several front houses for "Feng Brand Stores" in Hong Kong."

"Yeah! You can also buy in Shenzhen, and the ratio can be similar to that in Hong Kong. You can invest half of the money to buy a house in Hong Kong or Shenzhen."

"Shenzhen? Is it worth buying in Shenzhen?"

"Compared with Hong Kong's, the current housing prices in Shenzhen are probably less than a quarter, right?"

In Huang Han's memory, commercial housing appeared in Shenzhen around 1985. They were mainly sold to Hong Kong people who set up factories and companies in Shenzhen. The price was about two to three thousand Hong Kong dollars.

At this time, the Hong Kong dollar was not valuable, and converted into RMB, it was only 500 to 600 yuan per square meter.

It's already 1987, and housing prices in Shenzhen have definitely increased.

Before the Chinese New Year this year, the country will relax land control and liberalize the real estate market. Commercial housing in Shenzhen will no longer be limited to foreigners using foreign currency to purchase.

But it can be inferred that the price should not exceed one thousand yuan per square meter.

Huang Handao: "I'm not sure about the specific prices of commercial housing in Shenzhen, but they are definitely much cheaper than in Hong Kong."

Don't underestimate the development of our country. From now on, the growth rate of housing prices in Shenzhen will not be inferior to that of Hong Kong.

Another big advantage of buying a house in Shenzhen is that you can use RMB directly. The saved Hong Kong dollars can be converted into US dollars to pay for the compressor.

It’s more cost-effective to operate like this.”

In China, due to foreign exchange controls, it is not easy to exchange RMB for US dollars, and you will definitely not be able to get the official exchange rate for private exchanges.

But it's completely different in Hong Kong. Exchanging Hong Kong dollars for U.S. dollars is as easy as grabbing something from a bag, and the exchange rate is the quoted price of the day.

How could Qin Shujie not understand these skills? She immediately nodded and said, "Okay! I'll listen to you. When the time comes, I'll take action if someone is suitable."

"Do it with confidence and courage. Buying a house is not gambling, and there is no possibility of losing everything."

“I know that a house is actually like gold, it’s very easy to turn it into cash!”

"wrong!"

"What's wrong?"

"In the next thirty years, a house will retain its value better than gold. Remember, you cannot sell the property within thirty years. When you need cash, take a bank mortgage."

"I'm so surprised. Why do you have a special liking for real estate?"

"I am optimistic about our country's reform and opening up, and I know that the character of Chinese people is that when we have money, the first thing we think about is owning a home, and a house is a necessity."

"Sounds reasonable!"

"There must be! Isn't it just because we have more money that you reflexively think of buying office buildings and houses?"

"That's right! Even I think so, it shows."

"What's going on with those textile factories you've been talking about?"

"The manufacturing industry in the United States has been outflowing, and these textile factories have cooperated with the company I used to work for many times.

They all had the intention of selling their equipment and using the money to set up new factories in Mexico or Southeast Asia, but the price could not be negotiated. I didn’t go in-depth because I didn’t arrive at the right time.”

"The production equipment of those manufacturers are all made in Germany, right?"

"In capitalist countries, there is one among you and one among us. The German company that produces textile equipment is actually controlled by the United States. There are also factories in the United States that produce this brand."

"Are those devices very new?"

“In order to improve labor efficiency in recent years, textile machinery has been updated.

The two factories I'm interested in are because they just upgraded their production equipment last year.

Because the employer failed to meet market expectations, and because the union repeatedly demanded wage increases, the employer's boss was preparing to go to Mexico and start over."

"We must make "Huamei Style" bigger and stronger. Fabrics are very important. How can others have the final say?

We not only want to produce world-class fabrics, but also conduct research and development, introduce new ones, and strive to make fabrics leading the international market!"

"Yeah! I support it. If it's not the most advanced equipment at the moment, I definitely don't want it. It's not just about making money from doing business. These equipments are for our own use, so we can't be careless!"

"How is your Hong Kong household registration going?"

"It should be almost done. The lawyer hired by our company is responsible for handling it. I haven't asked specifically about it."

"It will definitely be done in October, right?"

"Why did it take so long? I didn't rush you. I just called you to urge you. Maybe you can get your passport tomorrow."

"Sanshui County is very ambitious in reform and opening up. If you have a Hong Kong registered permanent residence, you can directly negotiate a joint venture with the county.

My plan is to annex the ‘Dongfanghong Cloth Factory’ and the ‘Shengli Spinning Factory’ to establish the ‘China-Hong Kong Joint Venture Huagangfeng Group’, with the two of us holding no less than 60% of the shares.”

"I have visited both Dongfanghong Cloth Factory and Shengli Spinning Factory. They used to be the leading enterprises in Sanshui County, but now their profits are good. Is it possible for them to be annexed by us?"
Chapter completed!
PrevPage Index    Favorite Next