ps: The three watches have been completed, ask for a monthly pass, do you still have to rummage through your pockets?

Li Xuan is not really worried about the country and the people, he wants to speak out for Hong Kong's industrial workers, and he is not the chairman of the Federation of Industries, so there is no need to worry about this idleness. But the Hong Kong government's attitude towards industry has hurt his interests.

For example, recently, Dongfang Semiconductor Company has the intention of building a new chip testing and packaging factory in Hong Kong, but it has had a lot of differences with the Hong Kong government when acquiring the land. It is impossible for a chip test and packaging factory to build a dozen stories high like an industrial building, and its floor area ratio is much lower.

Therefore, Dongfang Semiconductor hopes that the Hong Kong government can give greater concessions in land prices, but the Hong Kong government refuses to let go and is only willing to sell land at the price of ordinary industrial land. In this way, the cost of Dongfang Semiconductor to acquire land is very high, and Li Xuan naturally will not agree. This is also the reason why he criticized the Hong Kong government's lack of support for the industry, all because of interests.

The testing and packaging of chips should be the most labor-intensive part of the entire chip production process, and Dongfang Semiconductor is ready to gradually transfer these processes to Asia with lower wages.

In fact, Li Xuan hopes to do it in one step, and directly select the site for construction in the deep-sea special zone like the previous picture tube factory. But the chip industry is not as good as the television industry, it is a high-tech industry that is restricted by the Batumi Commission. The U.S. government's approval process for investment in such industries on the mainland is very strict and cumbersome.

In fact, the 742 factory in the mainland of Jiangsu Province has cooperated with Toshiba Corporation of Japan to invest 66 million US dollars to build a new 3-inch wafer factory with a monthly output of 10,000 wafers. But U.S. policy is far less lenient than the Japanese government's.

According to the feedback received by Dongfang Semiconductor after consulting relevant politicians, even if it goes to Chinese mainland to invest in a relatively low-tech test and packaging plant. It also needs to be approved by the White House and jointly questioned by several special committees of the Senate and House of Representatives.

A set of processes goes down. The cost of spending is definitely not low. Don't you think that the officials of the United States are all in power for the people, and they have a clean breeze on their sleeves? I'm sorry. You're thinking too much. Officials in the United States do not take bribes, but they can be lobbied. One only has to look at the various lobbies in Washington to know that even Uncle Sam, who is known as a beacon of democracy, is very dark in the trade of power for money.

Li Xuan's investment in the mainland is to reduce costs rather than increase costs, so he can only wait for the United States to adjust its China policy before acting. Hong Kong is one of the alternative locations, the technology content of chip testing and packaging is much higher than that of low-end manufacturing, and the sensitivity to labor costs is not as high as that of other manufacturing industries, even if Hong Kong people's salaries are rising, they will still be much lower than those in the United States in the next decade.

"Sir Chung. Land in Singapore is as tight as in Hong Kong, but if we go to Singapore to invest, the Singapore government will only pay a tenth of the land price of the Hong Kong government, and DBS Bank is willing to provide a large loan! But I am a Hong Kong native, and the headquarters of the Oriental Group is also located in Hong Kong, so I have always given priority to investing in Hong Kong!"

Li Xuan sat in the reception hall of Mr. Chung's suite, and he decided to take this rare opportunity to exchange ideas with the chief Chinese politician in Hong Kong.

"Li Sheng's Dongfang Electronics Company is arguably the most profitable industrial enterprise in Hong Kong, and it is very rare to give priority to continuing to invest in Hong Kong!" Zhong Siyuan nodded.

"But I'm also a businessman. I must be responsible for the profitability of the enterprise, if the Hong Kong government still only pays lip service to the so-called support for Hong Kong's industrial development, I can only choose to build a factory in a lower cost place!"

Li Xuan shook his head and said helplessly: "The prospects of the semiconductor industry are very bright. The areas around Hong Kong have imported semiconductor technology from the United States at the expense of the government to Japan, Taiwan, South Korea, and Singapore. After a certain amount of accumulation, it will be transferred to domestic enterprises at a low price. And with a series of policies to vigorously support their development and growth.

The British government was a colonial government, and the first consideration of the Governor was to protect British capital. The British-funded consortium is almost never involved in Hong Kong industry, which is the fundamental reason why the Hong Kong government has been ignoring the demands of the industry!

If the British have lost Hong Kong, they can retreat to the mainland, but our Chinese capital will have to take root here! Sir Chung, you are the most influential Chinese in the Hong Kong government, and I can only hope that you will help our industry to win more support!"

Zhong Siyuan only smiled faintly at Li Xuan's last direct praise: "Li Sheng, as a Hong Kong person, I naturally hope that Hong Kong's economy can develop better, and I am also willing to pass on the voice of the business community to the high-level of the Hong Kong government!"

Zhong Siyuan did not give any positive answers, but according to the analysis of the Eastern Bloc think tank, Zhong Siyuan should be regarded as a politician with a pure heart and genuine concern for Hong Kong's development, which is far more trustworthy than those speculators. He is also one of the people Li Xuan is going to focus on investing in next, and politics and business are never separated, which is the same in any country.

The Hong Kong delegation stayed in Beijing for two days and two nights, and the itinerary for the next two days was very relaxed, all of which were to visit various places. For example, the Palace Museum specially held a small national treasure exhibition, and Li Xuan was fortunate to have a close look at the authentic works of "Riverside Scene at Qingming Festival".

Early in the morning of the third day, Li Xuan and others took a chartered flight back to Hong Kong, and the northbound exchange activity was a complete success. Hong Kong's local leftist newspapers, such as Ta Kung Pao and Wen Wei Po, also gave detailed reports on the delegation's northward exchanges.

"How's the negotiation with the Hong Kong government going?" Li Xuan asked Han Peng, who walked in.

Although it was Dongfang Semiconductor Company that built the factory, it was Dongfang Commercial that was actually responsible for negotiating with the Hong Kong government, and Han Peng, who had a good relationship with the senior management of the Hong Kong government, was naturally the main person in charge.

"The price has been lowered a little, but there is still a huge gap between us and our psychological bottom line!" Han Peng shook his head, "Li Sheng, according to our survey, the vacancy rate of industrial buildings in Hong Kong has exceeded 10%, and the weak trend of industrial site sales has become unstoppable. The Hong Kong government is just holding on now!"

"Then suspend the negotiations on the Hong Kong side and shift the focus of the construction of the factory to the other two alternative sites!" Li Xuan said lightly.

"Uh, really gave up?" Han Peng didn't react for a while, he didn't understand why his boss suddenly changed his mind. Although Oriental Commercial had been in contact with Hong Kong, Singapore and Taiwan at the same time, he had always believed that Hong Kong was the real target, and that the other two options were just to increase the bargaining chips.

"The twisted melon is not sweet, since the sincerity of the Hong Kong government is insufficient, why should we hang ourselves on a tree!" Li Xuan said with a smile.

Hong Kong's real estate industry has just entered a period of stagflation, and people like Hui Shixun and Hu Yingxiang have already sensed the crisis. However, there are also those who hold different views, such as Jardine Matheson's Taipan New Bijian, who is still optimistic that the property market can continue to rise after a slight adjustment, and is still hoarding land in a big way.

With these real estate friends in the city, Hong Kong's real estate industry will not collapse for a while, and it will not really change until the "Iron Lady" falls in the Great Hall of the People in September next year.

Li Xuan asked Oriental Commercial to negotiate with the Hong Kong government, and asked the Hong Kong government to reduce the land price on the grounds of the floor area ratio of the test and packaging plant, and if the Hong Kong government could agree, although the price was still not as low as after the property market crash, it was at least within the range that Li Xuan could accept. But if the Hong Kong government refuses, he just uses it to make a big fuss.

"How is your relationship with Sir Zhong Siyuan?" Li Xuan asked suddenly.

Han Peng was still thinking about what happened just now, and he replied after a pause: "Sir Zhong and my father have known each other for many years, and they often go to Deep Water Bay to play golf together!"

"When I went north to the mainland before, I had a brief exchange with Sir Chung, and I hope he will support the development of Hong Kong's industrial circles!" Li Xuan said with a leisurely face, "You have communicated with Sir Chung a lot recently, and we at Dongfang Electronics need to support politicians like him who really think about the development of Hong Kong and play a greater role! I also hope that he can appeal to the Hong Kong government in the Legislative Council and the Executive Council to pay more attention to the development of the electronics industry!"

Han Peng nodded, and he asked with some uncertainty: "Is the negotiation with the Hong Kong government really going to be suspended?"

"The focus is on contacting Taiwan's Hsinchu Science and Technology Park, and Singapore's Temasek Holdings requires a stake, and I don't like this crocodile to participate. While they said they could coordinate DBS with the loan, it also showed that they had bigger ambitions! I don't want a controlling stake battle with Temasek in the future, because the Singapore government is behind it!

Zhang Zhongmou plans to move some of the wafer factories to Asia, and only keep a few large-scale factories with the most advanced processes in the United States! You can simply contact Zhang Zhongmou for consultation, he previously hoped to build a 3-inch wafer factory in Taiwan.

Originally, I was going to postpone this plan, but now I simply merge the construction plans of the two factories together, so that the total investment will exceed 40 million US dollars, and I can be more confident in negotiations with the Taiwanese side!" Li Xuan said.

Taiwan's investment in semiconductors is actually better than that of Hong Kong and Singapore. Taiwan's Industrial Technology Research Institute has been investing a lot of money in basic semiconductor research for the past six or seven years, and has accumulated a large number of talents. Moreover, a large part of the Chinese practitioners in the U.S. semiconductor industry are from Taiwan, and it is not too difficult to form a management team that is willing to return to Taiwan to start a business.

Moreover, Taiwan is relatively open to the entry of American capital, after all, Uncle Sam is its good father. Dongfang Semiconductor, on the other hand, is a pure American company headquartered in Silicon Valley and pays taxes to the U.S. government. Li Xuan is not worried that Dongfang Electronics' investment there will be too much interference. Even if there is interference, the US government can come forward, and Li Xuan's political donations are not in vain. (To be continued......)