December 9, 1984, Beijing. The marathon negotiations between the Chinese and British governments on Hong Kong have finally settled.

On this day, the two sides announced that they had reached a consensus on the negotiations and issued the Sino-British Joint Declaration. This statement made it clear that in 97 years, the Chinese government will restore sovereignty over Hong Kong (including Kowloon and the New Territories), and at the same time, the system after Hong Kong's return to the motherland will remain unchanged for 50 years.

For Hong Kong, this news is undoubtedly an uncertain factor affecting finance, real estate, investment, employment and other aspects, and the dust has settled.

Many bigwigs in the political and business circles are considering every word of the document and the reading of authoritative figures word by word.

After reading the document, some people began to feel that they had grasped the business opportunities, so people from all walks of life made bold bets on real estate, finance and other markets. In addition to before the handover, there are still a group of people who think about it and feel panicked, and choose to sell Hong Kong's assets and flee Hong Kong, of course, these are very small numbers.

Due to its geographical location and the times, Hong Kong enjoyed the dividends of the capitalist free market in this era. In addition, it is also a vested interest in China's economic rise, after China's reform and opening up, Hong Kong capital as the first batch of investment in China, through the sharing of China's economic growth, so that a large number of the wealth of the first rich has further grown to a larger level. At the same time, most of the overseas capital chooses Hong Kong as a transit point before entering the Chinese market. Especially in the 90s, a large number of Chinese mainland enterprises raised funds in Hong Kong's capital market, and the pattern of these high-quality enterprises far exceeded that of Hong Kong local enterprises. Ultimately. It has also made a lot of contributions to the internationalization of Hong Kong's capital market, and a large amount of international capital has invested money in Hong Kong not because of investing in Hong Kong, but because the Hong Kong market can invest in China. The reason why investing in Hong Kong instead of choosing to invest directly in Chinese mainland is because of the exit procedure. In the long run, mainland investment is naturally the first choice. Hong Kong's capital market invests in China, directly buys undervalued Chinese corporate stocks and bonds, and sells them in the market when they want to withdraw. Direct investment in the Chinese mainland market, want to exit, is subject to the control of foreign exchange quota, once a large number of enterprises concentrated selling, then, will definitely be regulated.

A variety of special factors contributed to Hong Kong's return on capital in this era far exceeding that of other parts of the world.

After setting the tone of Hong Kong's return to the motherland, people from all walks of life began to try to seize various political and commercial resources after Hong Kong's return to the motherland in the future.

Of course, Lin Qi was relatively calm, because, before the Sino-British joint statement, he had already placed bets in advance.

As for his political stance, he had already expressed his stance on Hong Kong's return by increasing investment in the mainland when Hong Kong's future was still unclear. At present, Lin Qi is the largest Hong Kong businessman in Chinese mainland, and the combined amount of other Hong Kong businessmen's current investment in the mainland is not enough to compare with Lin Qi.

Moreover, compared with other Hong Kong businessmen who are keen to transfer low-end production capacity to invest in some food factories, garment factories, textile factories, plastic products factories, and paper mills, Lin Qi's investment in the mainland is basically high-tech industries, and he has single-handedly built China's semiconductor and computer industry chain.

Before Lin Qi's investment, domestic computers were mainly scientific research tools, and the public had little access to computers. However, although the degree of computer ordinariness in China cannot be compared with that of the United States and Japan, it is far more than that of other developing countries, and some of the more conservative European countries have a computer penetration rate that is almost the same as that of China at this time.

As for the snatching of various resources in Hong Kong, Lin Qi feels that it is even more unnecessary. In addition to the transportation resources such as ports and airports, Hong Kong is not very suitable for large-scale industrial and manufacturing industries, and only financial and real estate resources, and these two resources are accompanied by each other, and they basically reflect the attitude of international capital towards Hong Kong. International capital is optimistic about the Hong Kong market, then, finance and real estate will prosper, while international capital is down, large-scale withdrawal, because Hong Kong itself has no hematopoietic capacity, naturally need to live a hard life.

Even, when some capital in Hong Kong began to boldly enclose and invest in Hong Kong, Lin Qi had already invested in Shenzhen, which had more value-added prospects. To tell the truth, just having such a large piece of land in Shenzhen and fully developing and collecting rent is enough to be compared with Hong Kong's largest real estate developer.

The most feared thing about investment is the harsh environment, and even in war-torn areas, there are some kind of investment opportunities, such as arms. In fact, the biggest fear of any market is uncertainty, and as long as there are uncertainties, investors in the market will not dare to invest because of the uncertain future.

At this stage, Hong Kong's return to the motherland is no longer a suspense, and with the official endorsement of China and the United Kingdom, one country, two systems after the return has been determined. The bears have basically dried up, and the rest is naturally optimistic about all kinds of capital and have begun to bet.

Since the beginning of 81 years, the new venture electronics company has continued to buy in the market, and the Hong Kong Hang Seng Index has invested 5 million with its eyes closed every trading day below 1,000 points, and occasionally bought a little more. In the past few years, Hong Kong's Hang Seng Index has been fluctuating around 1,000 points.

Therefore, in the past few years, a total of 500 million yuan has been invested in indexation, and the capital has been bought into all the constituent stocks of the Hang Seng Index. Lin Qi is not ready to sell this part of the investment, and he will still hire very few people in the future for indexation management. In addition, these financial assets will also be used as collateral when funds are needed.

If a basket of stocks were to be set up as a Hang Seng Index fund, the basket of stocks held by the new venture electronics company would become the world's largest Hang Seng Index constituent fund. Coupled with the spiral of the index every year, it is only necessary to exclude some of the old constituents that failed to be selected and buy new constituents in the next few decades according to the annual changes of the Hang Seng Index. After that, continue to adjust the basket of stocks according to the rules of the index, at least you can make more money than the index. Because...... The index is an indicator that deducts the dividend index, and the constituent stocks of the Hang Seng Index basically represent a group of companies with the largest market capitalization and the most stable performance in the Hong Kong stock market, and the average dividend of these companies is also quite large.

Of course, the capital invested more than the financial market is the new venture land, which invested as much as 1.1 billion Hong Kong dollars in the new venture electronics company, and in addition, the new venture land company made full use of financial leverage, so that its cumulative capital in the real estate market reached 2.5 billion yuan. Originally, these investments seemed crazy, but after the Sino-British joint statement was issued, they immediately turned into wise decisions, because land and property prices in Hong Kong are rising rapidly.

In other words, when others were rushing to buy at a high price, Lin Qi had already bought a bunch of financial and real estate assets at a low price that would never be possible to buy in the future. Of course, the return on these assets may not be able to exceed the main business of the start-up electronics company, but the fact that there are a bunch of assets that can be pledged also increases the company's financial flexibility. 10