Chapter 344: The Storm Changes
One afternoon at the end of April, Li Huawen came to Li Hualong's office and complained: "Aaron, when will you hire a general manager for Li and his sons' real estate company?" ”
Li Hualong smiled and said, "Isn't it good for you to be the general manager of this company." ”
"I have so many things to do, I need to find a professional manager." Li Huawen said with a wry smile, "The new city square project doesn't want to set up a parking lot, and I am annoyed when I think about dealing with government officials." ”
According to the lease signed between the Government and Lee & Sons Property Company, the New Town Plaza deed stipulates that the mall shall not have a basement and no parking.
A few days ago, Lee & Sons' Chairman and General Manager Lee Wah-man personally met with Chung Yat-kit, then Chief Secretary for Administration of the New Territories, to discuss the eventuality, and after a meeting, Chung Yat-kit did not agree to the establishment of a car park at New Town Plaza.
"Big brother, you have to be flexible in what you do."
"How can you be flexible?"
"Our family foundation (Li Yat Chung & Sons Foundation) donates a lot of money to Hong Kong's education every year, and when you negotiate with the Chief Secretary for Administration of the New Territories, you can take the initiative to offer that the foundation will donate to build a primary and secondary school in Sha Tin, and the school building will be donated by us, and the land will be provided by the government."
"That's right!" Li Huawen suddenly realized and smiled, "When we donated money in the past, we didn't think about paving the way for our business. ”
"The development of large-scale real estate projects, combined with the donation of funds to build schools, can increase the profits of real estate projects a lot, and the increased profits may be far more than the cost of donating funds to build schools."
"Yes." Li Huawen nodded, "Donating money to build a school is free of charge for the government." When many people buy a house, they will consider whether there are schools around, and if there are famous schools nearby, it will increase the price of housing. In a few days, I will ask Zhong Yijie to meet again...... How much money should be donated to build primary and secondary schools? ”
"You just decide. Donating money to build a school is considered a good deed, and there is no such thing as a comparison. ”
"Building schools was originally a matter for the government." Li Huawen said with a smile. "Whoever makes us rich, let us do more good deeds."
A week later, Mr. Li met with Mr. Chung again.
At first, Li Huawen did not talk about the establishment of a parking lot in the new town square. Instead, he offered to donate to build a secondary school and a primary school in Sha Tin.
Chung Yijie was very happy to learn that the Li Yat Chung Foundation was going to donate to the school in Sha Tin, and asked how much money he had donated, and the total amount was very satisfactory to him, and he took the initiative to mention the establishment of a parking lot in the New Town Plaza. Didn't talk a few words. The matter that bothered Li Huawen before was solved.
……
The Falklands War between Britain and Argentina did not last long, and at first, Britain was surprised by the Argentine attack and sent a naval task force to counter the Argentine naval and air force attack, and the Royal Marines joined the battle.
After a fierce and arduous struggle, the British regained control of the Falklands, and on 14 June, Argentina surrendered.
The political impact of the war on both sides was enormous.
Argentina's defeat led to a larger-scale ** movement, which eventually led to the fall of the junta.
For the UK. Strong patriotism swept across the country, strengthening the authority of the government headed by Prime Minister Margaret Thatcher and helping the British Conservative Party win the 1983 general election.
The Falklands War was an important page in the history of relations between Britain and Argentina and was the subject of many books, films, and songs.
In June, after being received by Deng Gong in Beijing, Fei Yi Min, a person in charge of Hong Kong's Ta Kung Pao, announced that the Chinese leadership would resolutely resume the exercise of sovereignty over Hong Kong in 1997, which immediately caused suspicion among the Hong Kong people.
On July 1, the Hong Kong government announced a piece of news that attracted Li Hualong's attention, and the Hong Kong government and Huaguo Bank reached an agreement to sell the land of the Murray Road parking lot in Central District (the current site of the Hong Kong-Bank Building) at a price of 1 billion yuan.
This news is out. In addition to political factors, real estate developers realized that the real land price showed that real estate adjustments were inevitable.
This afternoon. Li Hualong received a call from Li Huawen.
"Third child, have you heard the news that the Hong Kong government sold the land of the Murray Road parking lot in Central District to Huaguo Bank?"
"Got it." Li Hualong smiled faintly, "Aren't you surprised?" ”
Of course, I was surprised, it is said that the first installment is 60 million Hong Kong dollars, and the balance is paid in 13 years. The annual interest rate is 6%, this condition is too tempting, if this land is sold to me, add 300 million Hong Kong dollars, I am also willing! Li Huawen said.
"If it is taken out for public auction and paid in 13 years for opening, I estimate that the auction transaction price will not be less than 2 billion Hong Kong dollars, and if any real estate developer has not yet made his mind, it is possible that the transaction price will reach 2.5 billion Hong Kong dollars." Li Hualong said.
"Huh!" Li Huawen smiled, "If I hadn't listened to your analysis, I would have really bought this land for 2.5 billion Hong Kong dollars." ”
"Don't worry, in the future, Hong Kong's land prices and property prices will fall sharply."
"How do I feel that the real estate market is collapsing, are you happy?" Li Huawen quipped.
"No, the reincarnation of the world, this is normal, as long as the prediction is accurate, our real estate companies can also develop and grow, and they can also expand their advantages over competitors." Li Hualong smiled.
"Hey!" Li Huawen sighed lightly, "I feel that this real estate market collapse will last for a long time. ”
Li Hualong said lightly: "It's hard to say, it mainly depends on the results of the negotiations between the Chinese and British governments, if the negotiations last for a long time, some real estate companies with high debt ratios will have a hard time." ”
"The children are on vacation, and the house is lively, right?" Li Huawen asked with a smile.
"It's quite lively, if it's okay tonight, let's go to my house for dinner."
"Okay. I'll go to your house after work. ”
"Call my sister-in-law."
"If she's okay, I'll take her with me, and I'll stay in Yisong Garden tonight. Hehe, busy man, I won't bother you. ”
"See you in the evening!" Li Hualong smiled, and hung up the phone after speaking.
A few days later, Li Hualong personally wrote an article on the forecast of Hong Kong's economy and the global economy, "Mexico and other Latin American countries have a huge debt crisis risk, and Hong Kong's trade exports will be greatly affected."
In the article, Li Hualong analyzed the reasons for the risk of debt crisis in Latin American countries and made a prediction.
Back in 1978, Paul? As chairman of the Federal Reserve, Volcker began his tenure to combat worldwide inflation, raising the US dollar call rate from 11.2% in 1979 to 20% in 1981, the interest rate on Treasury bonds reaching 17.3%, and the benchmark interest rate reaching 21.5%. At the same time, Margaret Thatcher, known as Britain's "Iron Lady", was elected Prime Minister in May 1979 and raised the benchmark interest rate from 12% to 17% in her first month in office. The change in interest rates led to a large flow of dollars to the United States, and the dollar index rose from 84.75 points in July 1980 to 112 points in August 1981, an increase of 33% in just one year. The strong rise in the US dollar and the sharp increase in interest rates have greatly reduced the ability of Latin American countries that rely on the US dollar as their external debt to repay their debts, which will eventually lead to a Latin American debt crisis.
Even if Latin America's debt is actively restructured, the Latin American debt crisis will be devastating to Latin American economies: Latin American countries will have increased debt, capital outflows will be severe, economic growth will stop, poverty will increase, and so on.
Li Hualong predicted that in the second half of 1982, affected by the Latin American debt crisis, Hong Kong's main trade market unexpectedly fell into a serious recession, the exchange rate of the Hong Kong dollar against the US dollar would fall, and foreign trade enterprises would enter a cold winter. (To be continued.) )