Chapter 92: Comparison of Buying a Car and Buying a House

Xi Chongyi woke up after sleeping in the hotel room for less than an hour, woke up Li Hualong, who was sleeping beside him, and yelled to go home.

"Go home, go home......" Li Hualong hurriedly replied, although he still wanted to sleep for a while, he knew that he had to follow his wife at the moment, "We will go home now." ”

When crossing the sea by boat, Li Hualong muttered: "It's too inconvenient to cross the sea without a tunnel." ”

"Muttering about what?" Xi Chongyi asked.

"I said that a tunnel should be built under the sea, so that it would be much easier to travel between Kowloon on Hong Kong Island."

"Building a tunnel under the sea?" Xi Chongyi's eyes widened, "How is this possible?" ”

"There are already several undersea tunnels in the world, but the cost is very staggering, and I believe that in the future, when Hong Kong's economic development reaches a certain scale, it will definitely build undersea tunnels."

Li Hualong didn't know if there was an undersea tunnel in the world now, but in order to prove that his prediction would come true, he made a fool of himself.

Xi Chongyi was stunned for a moment, and said thoughtfully: "It's good to cross the sea by boat." ”

"Yes, you can see the beautiful scenery!"

When Li Hualong and Xi Chongyi returned home, Li Song and Wen Cuiping were sitting in the living room chatting.

After saying hello, Wen Cuiping handed the baby in her arms to Xi Chongyi and said with a smile: "Chongyi, do you want Sheng Ren?" ”

"Yes. Cuiping, these days, I'm sorry for you. Thank you! Xi Chongyi sincerely thanked.

"Sister-in-law, you are too polite, Sheng Ren is my nephew, he drinks my milk, I am happy." Wen Cuiping smiled.

"Grandma, when is the nurse coming?" Li Hualong asked.

Li Song turned his head to look at the table clock and replied, "I'll be here in another hour." She will live in our house in the future. ”

Xi Chongyi asked curiously: "Grandma, what did this wet nurse do before, and what did her husband do?" ”

Li Song smiled: "He works as a clerk in Evergrande Company, and his husband also works in Evergrande. Her son is 10 months old and ready to wean and go back to work. She has a lot of milk, and she plans to invite her for a month first, and she will postpone the time to return to Evergrande. ”

Li Hualong asked, "Does she want to live in our house?" ”

"No, you don't. She came to our house during the day to nurse the child, and after dinner, asked the driver to drive her home. ”

"That's fine. She can be allowed to take her child overnight so that she can take care of her own child. Li Hualong said and stood up, "I'll go see the children." ”

Li Hualong came to the room with a childlike layout and saw Ouyang Fenghua playing games with the four children, entertaining and entertaining.

"Mr. Ouyang." Li Hualong greeted with a smile.

"Mr. Li, if you have time, come and play games with the children, which can enhance the relationship between father and son, father and daughter."

"Okay!" Li Hualong is as good as a runner.

Li Hualong walked to his children's side, Li Linqi and Li Shengrui greeted in unison: "Dad! ”

By the beginning of June, there was a deliberate rumor on the market about Liao Chuang's "third uncle." Li Shenghai smiled.

"Lin Qi is good, Sheng Rui is good, Sheng Hai is good!" Li Hualong reached out and touched the heads of the three children.

Li Hualong especially enjoys the time with his children, and he feels that at this time, his mentality has become younger, which is a good feeling.

One evening in late March, Li Huawen came to Li Hualong's house for dinner after work.

After dinner, Lee Wah-man and Lee Wah Lung chatted about the listing of the Kowloon Motor Bus Company.

"Next month, the Kowloon Motor Company will go public. Aaron, do you want to buy some stocks? Li Huawen asked.

"I don't have the money to buy stocks, and even if I had, I wouldn't buy them. When the Kowloon Motor Bus Company is listed, the shares will definitely be sought after by investors, and the oversubscription rate will be high. ”

Li Hualong glanced at Li Huawen with a smile and asked, "Big brother, you don't want to buy shares of Kowloon Bus Company, do you?" ”

"If you're interested, I'll probably buy a little bit of it, and since you're not interested, I don't have that idea."

Although Mr. Lee was interested in the shares of the Kowloon Bus Company, many people in Hong Kong rushed to buy the company's shares.

In April, the Kowloon Motor Bus Company went public, issuing 780,000 new shares at a price of $58 per share, which was oversubscribed by 5.5 times.

In the past few months, the stock prices of most of Hong Kong's listed companies have risen by more than 20%, which has attracted investors to subscribe to new shares issued by newly listed companies, at a time when Hong Kong's stock market, like real estate, has also entered a climax.

In May of the same year, Jardine Matheson went public, issuing 900,000 new shares, accounting for 25% of the total share capital after listing, at an issue price of 16 yuan per share, and about 32,000 people participated in the subscription, which was oversubscribed by 56 times.

All subscribers, whether or not they were able to buy the shares, had to pay their brokers by cheque, with the result that about $898 million in cheques had to be cleared by the banking system. This puts pressure on the banking system, especially for small and medium-sized banks, which are strapped for cash.

On the first day of listing, the share price of Jardine Matheson rose to 31.25 yuan, an increase of 95%.

Jardine Matheson has a total share capital of 3.6 million shares, and at $31.25 per share, the company's market capitalization reached HK$112.5 million.

Seeing the bull market in the Hong Kong stock market and the rising stock prices of various listed companies, Li Hualong did not blush, nor did he think about investing in shares, he felt that investing in real estate was the safest investment, and at the same time, he did not think about letting his companies go public at this time to "circle money", he felt that the time for listing had not yet come.

Although Li Hualong does not invest in buying stocks, he is also very concerned about the situation of various listed companies.

The market value of the two listed companies of Kowloon Motor Bus and Jardine Matheson is easy to compare, and the market value of Jardine Matheson has nearly doubled on the first day of listing, but the market value of Kowloon Motor Bus still exceeds the market value of Jardine Matheson.

Li Hualong knew that in the future, Jardine Matheson would become one of the world's top 500 companies, with an astonishing market value, and in terms of market value and assets, the Kowloon Motor Bus Company could only be regarded as a second-rate enterprise in Hong Kong.

The Kowloon Motor Company invests in the purchase of a bus, from the day of purchase, every day, the market value of the bus is shrinking, until the day of scrapping, can only sell a scrap iron price, although in this process, the operation of the bus, can bring profits to the company, but the main asset bus will not increase in value.

Even if the market is sluggish and the rents fall, as long as the Hong Kong property market as a whole rises sharply, these properties will continue to appreciate in value, and these properties can be demolished and rebuilt.

Li Hualong thinks that investing in buying the shares of Kowloon Motor Bus and Jardine Matheson Matheson, buying the shares of the former is equivalent to buying the shares of a taxi driver himself, and buying the shares of the latter is equivalent to investing in buying a house for rent, the taxi will definitely be scrapped after a long time, and the house can live for a long time, the property market is good, and the market value will continue to rise.

Comparing the business models of Jardine Matheson and Kowloon Bus, Li Hualong couldn't help but sigh in his heart: "It's still the real estate industry to make money!" ”