A week before the Spring Festival, Zhong Liyu returned from Hong Kong.

Today's Hong Kong is still shrouded in the obscenity of the Queen of England, and she must call it Royal Hong Kong or something, even in police movies.

However, as the date of Hong Kong's return to the motherland is approaching, the mentality of Hong Kong people is also changing.

Due to the uncertainty of future prospects, the mentality of Hong Kong people is also more complicated.

For the super rich in Hong Kong, there is also a division at this time, and some rich people who are not very clean naturally choose to immigrate to Canada and other countries, where the living conditions are good, the immigration threshold is relatively low, and Chinese immigrants have formed a small circle, and their living habits are not greatly affected.

On the other hand, there are no major problems, and at the same time, the wealthy people who have frequent contacts with the mainland officials have chosen the route of low-key forbearance and secret development, such as the Li family, the Huo family, the Dong family in Hong Kong, and so on.

Some small families in the middle are more miserable, watching the limelight left and right, and it is difficult to choose for a while, not only reluctant to give up the family business accumulated in Hong Kong over the years, but also worried that after Hong Kong's return to the motherland, it will encounter policy overturning.

Zhong Liyu's main purpose in going to Hong Kong this time is to conduct research on Hong Kong's real estate market and see if he can find suitable investment opportunities.

Ye Kai picked up the wind and washed the dust for her at the Shuimu Hotel, this is a newly opened five-star hotel, the conditions are very good in all aspects, it is said that the boss is a Singaporean, the specific background or something, not very clear.

Of course, this is because Ye Kai is not interested in this, and if he really wants to figure it out, there will naturally be many people rushing to help him with this matter.

The two of them didn't book a private room, so they went directly to the hall and chose a table by the window to eat.

"Hong Kong's real estate market is still promising." Zhong Liyu's complexion is good, since Zhong Li's family matter was successfully resolved, the pressure on her body disappeared, and she immediately returned to the true character of the doctoral student majoring in economics, "The real estate industry has far more to the macro economy of Hong Kong than an investment market. Because the cornerstone of Hong Kong's economy is free trade, and the import and export of goods are zero-tariff, the development of the real estate market objectively establishes an agency system for the Hong Kong government. Land is the primary income of the Hong Kong government. ”

Ye Kai nodded with a smile, personally poured a glass of red wine for Zhong Liyu, and listened carefully to her.

Hong Kong's real estate industry showed a clear cyclical boom and bust cycle, the first cycle was from 1946 to 1959, Hong Kong's population was 600,000 in 1946, increased to 1.86 million in 1949, and exceeded 3 million in 1959. In the 50s of the last century, a large amount of capital poured in, and there was a real estate construction boom in Hong Kong. By 1958, the real estate market began to oversupply, and house prices and land prices fell by 70%.

The second cycle was from 1959 to 1969, and since 1959, Hong Kong's economy has taken a turn for the better, coupled with the increase in foreigners and international business organizations coming to Hong Kong, and the demand for commercial buildings and residential buildings has increased, which has stimulated a rapid recovery in the real estate industry. In the spring of 1965, due to excessive bank lending to the real estate industry and other factors, Hong Kong's real estate industry fell into the first major crisis after the war, which lasted until 1969.

The third cycle was from 1969 to 1975, when the real estate market in Hong Kong gradually recovered in 1969 and in 1972 the Hong Kong government formulated a "10-year housing plan", which quickly restored investor confidence. However, the oil crisis in 1974 caused the Hong Kong stock market to plummet, which led to a comprehensive adjustment in the real estate industry, with land prices falling by 40% and property prices falling by 30-40%.

The fourth cycle was from 1976 to 1985, and the real estate market began to pick up again at the end of 1975, when the Hong Kong government began a subway construction plan in 1976, which increased the value of urban land; In 1978, the Home Ownership Scheme (HOS) (i.e. Low Housing Scheme) was introduced, which solved the housing problem of 2.225 million ordinary citizens. Hong Kong's population exceeded 4.5 million in 1977 and reached 5 million in 1979. As a result of the increase in demand, the supply of buildings exceeded the demand, and new towns (Tuen Mun, Sha Tin, Kwai Chung, etc.) were gradually formed.

Following the rapid development in the late 70s, Hong Kong's real estate market reached ** in 1981, but the ensuing world economic crisis and the Sino-British negotiations on the Hong Kong issue caused a crisis of confidence among Hong Kong people. At the end of 1982, property prices in Hong Kong fell by 60% compared to 1981, and in 1983 the real estate market collapsed. It was not until September 1984, after the signing of the Sino-British Joint Declaration, that the market recovered.

The fifth cycle is from the end of 1985 to the present, and the Hong Kong real estate industry has been further developed in the 80s and in the 70s. In 1990, housing prices on Hong Kong Island more than doubled from 1981.

Zhong Liyu made a detailed report to Ye Kai on the history and current situation of the Hong Kong real estate market, and expressed his views, "Although the Hong Kong real estate market has been steadily rising, I think the future growth prospects are still worth looking forward to. ”

When Ye Kai heard this, he nodded and agreed with Zhong Liyu's point of view.

In fact, in Ye Kai's memory, Hong Kong's property prices rose about 4 times from 1991 to 1997, until the Hong Kong real estate bubble burst in 1997, and property prices fell all the way, falling by about 70%.

"We have a total of $720 million now." Ye Kai patted his forehead, "If you stay in the Hong Kong property market for three years, you can probably have 200% of the income, that is, 2.1 billion US dollars, this investment risk is the smallest, but the return is more gratifying, this thing can be done, well, leave 20 million US dollars in case of emergency, and the rest can be invested in it all!" ”

"$700 million, all invested in it?!" Zhong Liyu was taken aback when she heard Ye Kai's words.

Although she thinks that the Hong Kong property market is bullish, she is not as bold as Ye Kai, this is 700 million US dollars!

In case it is a little bit wrong, Zhong Liyu really can't imagine this consequence.

"Throw it all in, fry the land!" Ye Kai said to Zhong Liyu with great certainty.