"This is also true, the so-called crisis is the opportunity in the crisis, as long as you can survive this winter, the future harvest will be very considerable. Xu Zhi nodded and agreed, the reason why Xiangjiang's Chinese-funded consortium was able to rise was because they had a good vision and courage enough, and at the time of the real estate crisis, they used a lot of capital to swallow up high-quality cheap assets, and when spring came, the value of these assets doubled.

In fact, there are many people who can predict the outbreak of the crisis, but there are very few who accurately predict the exact time, and many people also know to copy the bottom, but they copy the wrong time, in the case of leveraged financing, this is a fatal mistake, if you don't pay attention, you are very likely to go bankrupt.

In the face of this golden opportunity, Xu Zhi actually did not miss this feast, but even during the real estate crisis, the buildings in the prime location of Xiangjiang rarely had the opportunity to sell, and ordinary properties were purchased by his hands, and they were counted once a month and handed over to Xu Zhi for a look.

In just the past six months, Evergrande has used 300 million Hong Kong dollars to acquire a large number of shops, small office buildings, industrial office buildings, etc., and these assets can easily multiply several times as long as they wait for a few years.

"What are you two talking about?" Just as Xu Zhi and Li Jiacheng continued to chat, Bao Yugang and Huo Yingdong walked over.

Xu Zhi smiled: "It's nothing, just talk about things in the real estate business." ”

Bao Yugang joked: "Haha, then I have to listen carefully, both of them have first-class business visions in Xiangjiang, maybe they can learn a lot of good things." ”

Xu Zhi said with a smile: "Bao Sheng, you are just laughing, when it comes to business vision, there are few people present who can compare to you, I heard that among the several ship kings in Xiangjiang, Bao Sheng is the most chic now." ”

Although the area of Xiangjiang is small, but after World War II, with the advantageous geographical location and the window of inland goods, trade and transportation have also become extremely developed, among which the maritime industry is the most powerful, the small Xiangjiang River, the birth of the top ten several ship kings, in the history of world commerce, is also a miracle.

At the end of the 70s, the British Times rated the world's top ten ship kings, and Bao Yugang ranked first in the world with a shipping tonnage of 20 million tons, which exceeded the national fleet of the Soviet Union at that time.

In Xiangjiang, there are also several other ship kings, such as the Dong family, Zhao Congyan, Xu Aizhou, etc., in addition to the Chinese fleet, the Yingzi consortium also has several involved in shipping, and Hutchison originally also had a fleet, but Xu Zhi has sold them all after becoming the owner, and Jardine Matheson, Swire and Wheelock also have their own fleets, but except for Wheelock, the other three are not large in scale and are not the main business of the entire group.

At the end of the 70s, Bao Yugang predicted that the shipping industry would enter an unprecedented downturn, so he began to carry out a major transfer of "abandoning the ship and landing", selling the sea vessels in his hands at a very low price, and then fighting hard with Jardine Matheson in the capital market, successfully transferring the family's assets to the land.

The other ship kings are not so lucky, Dong Haoyunxin, the founder of the Dong family, also saw the impending crisis in the shipping industry, not only did not clean up the ship, but reversed the operation, large-scale expansion of their own fleet, as a result of the sudden death of a dirty illness last year, leaving a mess for the two sons, the company is on the verge of bankruptcy.

Another ship king, Zhao Congyan, has always had a hobby of buying antiques since he made his fortune, and then this shipping crisis forced him to cash out most of the antiques in his hands, obtain 300 million Hong Kong dollars in funds, and finally slowly operate and survive.

Wheelock, a British-funded foreign company, has suffered serious losses in the shipping business, but fortunately, Wheelock has already diversified its business, and the profits of other industries can still make up for the losses in the shipping business.

The other two foreign companies, Jardine Matheson and Swire, suffered relatively small losses because of their small fleets.

When the price of Bao Yugang cabbage was sold in the hands of the sea ship, countless people who ate melons sat in the well and watched the sky laughed, until recently, everyone understood how far-sighted the strategy of the charter boat king was, so a bunch of media began to tout again.

Bao Yugang shook his head and said: "It's not chic, the catastrophe at sea has passed, but there is another one on land, and life is just as difficult!"

"Bao Sheng, the decline in the price of the real estate market is just a loss of account numbers, at most it is losing some rent, and when the economy recovers, these will naturally come back. Huo Yingdong said with a smile on the side: "But this sea ship is different, the price decreases a lot every day, and even if there is no business, the maintenance cost is an astronomical amount." ”

"Yes, real estate is a lot safer in comparison. Bao Yugang sighed and said.

"It's true that real estate in Hong Kong is much safer, as long as you don't invest with large leverage. Xu Zhi took a sip of red wine and said that many boat kings in Xiangjiang are said to regret the most in their later years that they did not use funds to buy real estate in Xiangjiang.

"Xu Sheng, I don't know if you have heard of the situation of Dong Haoyun and Dong's family. Huo Yingdong suddenly changed the topic and asked.

"Know a little. Xu Zhi nodded and said, recently, the most reported in the Xiangjiang Financial Weekly is the news about whether the Dong family will go bankrupt, and there are even many gambling games in the market, betting on the future fate of the Dong family, and the odds of bankruptcy are much lower.

Although many real estate companies and financial institutions are trapped in the current housing prices that are almost cut in half, but the companies that have collapsed are generally some small enterprises, even if the large companies are heavily indebted and have serious losses, they generally survive the past, looking back on the entire 83/84 real estate crisis, in addition to the huge fraud Jianing company, other real estate giants have failed very little, and a few seriously damaged have been greatly reduced in scale.

But the shipping market is even more bloody, this is a crisis that has swept the world, and countless shipping giants have completely collapsed in this crisis.

The shipping industry is an industry that values financial leverage more than real estate, and under normal circumstances, it takes tens of millions of dollars to buy a ship, and all shipping companies pay for this money through bank loans, and then operate to repay debts after the ship is in hand.

The sea transportation industry is a very volatile industry, it takes 2-3 years to build a large ship cycle, but the ups and downs of the economy do not need, when the global economy is developing well, the freight volume will rise rapidly, and the number of cargo ships or oil tankers is immediately stretched, at this time, the freight rate skyrockets, a 100,000-ton container ship can make millions of dollars in the United States, a ship, 3 years can return to the cost.

In the 70s, a 200,000-ton ocean-going oil tanker cost as much as 60 million US dollars, and Bao Yugang had 8 such giant oil tankers under the umbrella at that time, any of which was worth as much as a skyscraper in Central.

This incident, it is said that Bao Yugang regretted it for the rest of his life!.

But on the contrary, the shipping crisis is that the tonnage of the previous steamship was insufficient, which led to a large number of shipping companies placing orders with shipyards, and a few years later, a large number of new ships went to sea, and at this time, the global economy began to shrink, the freight volume fell sharply, and the shipping crisis officially came.

At the beginning of the 80s, in Europe alone, there was a surplus of more than 100 million tons of steamship tonnage.

Moreover, the ship is not like a building, it must be maintained with a lot of money, and it is more likely to be damaged when parked at sea, and even stopping the ship is a huge investment.

Therefore, when the crisis came, a large number of shipping companies simply could not afford to maintain so many freighters parked at the seashore, so they had to queue up to send the ships for dismantling.

This is the case with the Dong family, whose ships are largely shelved outside the world's major ports, with sluggish orders, and before Dong Haoyun's death, in order to surpass the previous world ship king Bao Yugang, he did not hesitate to borrow a large amount of money to buy new ships and annex overseas shipping companies, so he owed a debt of 1.4 billion US dollars, and according to the current scale of OOCL, it has long been insolvent.

After Dong Haoyun died, his second son Tung Chee-hwa took over the entire company, he can be said to be the most hard-working "rich second generation", in the past year, in order to repay debts, almost all the thoughts.

Huo Yingdong said: "The sudden death of Lao Dong has left a lot of trouble for their family, and I am ready to inject a sum of money to help their company get out of the predicament, so I want to ask the three of them, are they interested in investing together?"