Chapter 176 Investing in the Financial Industry
Huo Tianting and Liu Lang talked a lot, most of them about how to get this huge amount of money back to Hong Kong Island, and then how to use it, more than one billion dollars! If you put it there, it will set off huge waves, even if you put it in the bank to eat interest, it will be tens of millions of dollars a year.
Of course, rich people will not be put in the bank, they want to make the most of this money, people are like this, when there are only 10,000 yuan, they always think about how to earn 100,000 yuan, and after earning 100,000 yuan, they will think about how to make millions of yuan, this is where human nature lies, ordinary people always think that these billionaires have billions of wealth, why do they have to work hard? This is the difference in the height of the two sides, and the way of thinking is also different, such as the Huo family, and now they are thinking about how to make full use of this huge amount of money.
The Huo family started with real estate, and the first thing they thought of was to invest the money in the real estate industry, but after doing the math, they found that one billion dollars was too much, which was more than the total family property they had struggled for 30 years.
Hong Kong Island real estate is a little volatile, but not too big, but many experts predict that in the next year or two, as the impact of the economic crisis in the island country continues to expand, Hong Kong Island real estate will also fall into a downturn, which is not a good opportunity for investment.
But these experts are wrong again, in fact, since the end of the 90s, the housing prices on Hong Kong Island have risen like rockets, and they can't stop it, and the reason is very simple, the island country has been brought down by American speculators, where will the next speculation be? Of course, it is the surrounding countries and regions, and the real estate developers who have suffered heavy losses in the island country will not wait to die, they urgently need to open up another battlefield and try to make a little money back, so these guys have their eyes on Hong Kong Island.
Since the 90s, a large number of international speculators have begun to frantically speculate on Hong Kong real estate. Land prices soared, seriously out of the purchasing power of residents, from 91 to 97 years housing prices rose about four times, if from the 80s to the recovery of the Hong Kong Island real estate market, to 97 years housing prices have risen nearly 10 times, as a result of the Asian financial crisis in 97, Hong Kong Island real estate bubble burst, property prices all the way down, to 03 years, down about 70 percent, to Hong Kong Island economy to bring a serious negative impact, until the end of 03 slowly there are signs of recovery.
So normally, now is a good time to invest in real estate on Hong Kong Island, but although Liu Lang knows the future real estate situation, he will not invest in any real estate.
The Huo family started with real estate, of course they still have to do it, buying a house and buying land can not be delayed, but more than a billion US dollars cannot be spent on this, the Huo family now has a greater ambition, that is, to set up a bank, investing in the financial industry is what the real rich do.
Hong Kong Island since the opening of the port in 1898 is a service industry-based city, Hong Kong Island is a strategic place, is the first choice for Chinese mainland to go to the South Seas, a hundred years of business and tourists in an endless stream, frequent cultural exchanges between the East and the West have formed their own unique cultural temperament, but also make this a financial center, Hong Kong Island area is only a little more than 1,000 square kilometers, how big is this, Liu Lang's hometown Fucheng has nearly 10,000 square kilometers, close to ten Hong Kong Island.
But in such a place, there are as many as 100 banks, such as Bank of China, ICBC Asia, Hong Kong Construction, China Merchants Wing Lung Bank, China CITIC Bank, China Minsheng Bank, which are all Chinese-funded banks, and more foreign-funded banks, HSBC, Hang Seng Bank, Citibank, Standard Chartered Bank, DBS Bank, Dah Sing Bank, Nanyang Bank, OCBC Wing Hang Bank, In addition to these large banks, there are dozens of regional banks, and there are various forms, such as community banks, etc., in short, there is no shortage of banks in the world.
Even though there are so many banks on Hong Kong Island, each bank is making a lot of money because it is known as the financial center of Southeast Asia, and no matter how much money you have, you can always swallow it.
Huojia just wants to set up a bank, which is the fastest way to digest more than a billion US dollars, and what is the scale of the registered capital of more than one billion US dollars? It can be said that in addition to such super-large banks as HSBC, Standard Chartered, and Citigroup, even Hengfeng Bank does not have so much registered capital.
If Liu Lang cooperates with Huojia, the scale of this bank will increase, and it is likely to exceed 2 billion US dollars, and a bank of this scale is basically a multinational super-large bank.
Of course, the operation of a bank is also very complicated, but once it is operated, as long as the overall economy of Hong Kong Island is healthy, there is no possibility of losing money.
When Huo Tianting said the idea of setting up a bank, Liu Lang was also a little tempted, this proposal is really good, the first thing is to solve the matter of the billion US dollars that will be in hand immediately, and he does not have a mature idea of what to do with this money.
In addition, the establishment of a bank will definitely not lose money, because the country's reform and opening up continues to deepen, all aspects need money, now the country's GDP is less than 200 billion US dollars, and in 2017 has exceeded 10 trillion US dollars, such an increase will release a large amount of wealth, the financial industry is the biggest beneficiary of reform and opening up, what is the enterprise with the best efficiency in China in the previous life? Banks, banks or banks, none of the five major banks is not profitable.
Of course, the five major banks are all state-owned, have innate advantages, and are not comparable to private banks, but in the situation of the country's reform and opening up, the wealth of the bank will never lose money, unless the management is a group of brain-dead people, and all the money is invested in those sunset industries and technologically backward enterprises.
Liu Lang thought about it slightly, felt that setting up a bank was a way, and then nodded.
"Brother Huo, we are rich, so I don't object, but you and I are not engaged in finance, if you want to set up a bank, then you must find a group of experts to do it!"
There is a specialization in the art industry, even if Liu Lang is extremely smart, but he really doesn't have any involvement in finance, and he doesn't have time to learn.
"Haha, Liu Lang, we don't have to worry about it, we know a lot of friends in the financial industry, all of whom are executives of big foreign banks, we just need to give them a high salary. ”
Seeing that Liu Lang agreed with his idea, Huo Tianting was very happy, the Huo family felt that Liu Lang was a god in the sky, and there was no one who did not make money in everything he participated in, as long as he was willing to participate in this matter, then this bank would have a future.
"Okay, Brother Huo, then this matter will be left to you, you will be fully responsible for how to operate and how to prepare, and I will pay for it when the time comes."
However, I have said in advance, the establishment of the bank should focus on the mainland, not because I am Chinese, but the development speed of the mainland in the next two decades is the fastest in the world, according to my estimates, by 2016, Chinese mainland's GDP will exceed 10 trillion US dollars, becoming the world's second largest economy, by 2030, China's total economic output will surpass the United States, become the world's first, in such a large increment will drive countless industries, as for the financial industry, it is simply a million profits, so we must seize this opportunity!”
Liu Lang said very solemnly.
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