Chapter 389: Flipping Houses
In terms of the scale of real estate enterprises in 1996, Zhou Shuo can at least be counted in the first echelon of the available investment quota in hand.
China started with the bursting of the Hainan real estate bubble that began in 1993, and although a large number of enterprises were killed, Hainan also cultivated China's first real estate market boom.
In this capital-intensive, manpower-intensive industry, it can indeed be said that it is the most suitable industry for Chinese investment in the 90s.
First of all, it has no technical threshold, and it is not as difficult to obtain qualifications in the construction industry as it is in the high-tech industry. Secondly, it has a large market capacity, and unlike many markets that are collapsed by a rush, at least in this era, domestic investment cannot collapse it.
A large amount of infrastructure construction has led to the extreme hunger for capital in China during this time. From the economic landing crisis in '94 to the monetary austerity policy in '97. Then came the Asian financial crisis of '97-'98, when the whole domestic situation could be said to be stormy.
Under the pressure of this crisis, a large amount of capital began to hide in the real estate industry for hedging, and it was during this period of time that land prices and housing prices in domestic first-tier cities began to take off at the end of the century.
And 1996 was a very critical year, when China thought that the soft landing of the economy after '94 was a success, but no one could have predicted the Asian financial crisis in '97. Therefore, this window period can be said to be the last opportunity to enter the real estate industry.
Later, the bosses of China's real estate industry, such as Vanke, Wanda, Evergrande, and Country Garden, were all before the Asian financial crisis. It's already making a difference in the real estate industry.
Zhou Shuo's choice to operate the project of Panhan Plaza at this point in time can be said to be very wise. By 1998, Pan Han Plaza was ready to be fully rolled out. The booming real estate industry in China's first-tier cities will provide a lot of profits and cash flow.
Of course. For the time being, there is no way to talk to a few people here about the Asian financial crisis. However, just Zhou Shuo's vision of Panhan Plaza is already very eye-opening.
For example, this kind of means of enclosing land to build a house first, and then investing in large-scale projects to increase land prices can be regarded as a common routine of real estate in later generations. Of course, if you want to do a good job in real estate projects, upper-level relationships and names are always indispensable. A high-tech gimmick like being a network center is still a bit higher than that of the Rose Coast or the waterfront Hwaseong.
At the same time, a large number of Internet cafes can also effectively promote the development of the domestic computer industry. Later generations don't know how many programming apes and engineers. The earliest computer knowledge was introduced from computer games.
For those who only know how to be addicted to computer games, even if they have never been exposed to computer games in their lives, they will be obsessed with other things. After all, you have to be responsible for your own life, some people play games to become WCG champions, some people play games and finally play games, and even if you almost can make a studio to play gold coins. People who play games and die suddenly are also dead in ancient times.
Of course, the idea of Zhou Shuo Fanhan Plaza will not be limited to this. The plaza itself can also attract local high-tech companies to move in and provide high-speed internet service. At the same time, it can also build a supporting electronic city and master the domestic hardware sales channels......
For Zhou Shuo, who has a huge amount of more than 30 billion yuan, this money will not produce much benefit if it is not used, it is better to invest in the real estate industry first.
You know, twenty years later. If you still want to maintain the top level of wafer fabs, which one doesn't need to invest tens of billions or hundreds of billions of dollars? The price of an extreme ultraviolet lithography (EUV) machine easily exceeded the unit of "100 million US dollars". Intel is even more in order to get this technology. In the early research and development stage, ASML invested more than 4 billion US dollars. By the way, more than 500 million euros were given away for nothing. This is just Intel, and there are also Samsung, TSMC and other helpers. You can imagine how difficult it is to develop EUVs.
But the feast of these international manufacturers, Chinese enterprises, especially Pan Han Group, can certainly not have a share. ASML is unlikely to sell EUV equipment to China, nor can it accept investment from Panhan, so it means that the future Panhanan Group must challenge the whole world on its own!
To be honest, on the road of the electronics industry, the whole market will definitely be narrower and narrower in the future. Whether Fanhan Group can go to the end, Zhou Shuo himself has no bottom in his heart. In order to raise as much money as he can, he must seize every opportunity to reap the benefits. Opportunities like the domestic real estate market must not be given up.
You must know that Zhou Shuo's current shares of Netscape and Microsoft are worth three or four billion US dollars, not to mention who can move such a sum of money next, even if he can lend so much money from East West Bank, how can he transfer it to China? An investment of $200 million is enough, but if $400 million is transferred to the country at one time......
It is necessary to scare the customs officials of China and the United States out of the crowd to heart attack.
But during the 1997 Asian financial crisis, it was a good opportunity to transfer assets. At that time, billions of dollars of capital mixed in the huge fund flow is simply inconspicuous, from Southeast Asia to a circle and then back to China, it is a good time for the property market to exert force.
Full of wine and food, Zhou Shuo's thoughts were also conveyed to several people. He confirmed that everyone present had understood his thoughts, and then ordered: "As a demonstration project, the Fanhan Square in Xiucheng must be done the best." Next, Mr. Li, you first contact the relevant departments such as urban construction and planning to see if the project is feasible, and then write a market analysis report. ”
"Cheng, Mr. Zhou, don't worry!" Li Chiqi squeaked, drank the wine at the bottom of the cup and said, "Even if there is no such plan in the city, I can let them make one!" ”
This is not Li Chiqi bragging, with the backing of Fanhan Group, he can be said to be calling for wind and rain in the real estate industry of Xiucheng. Not to mention that ordinary middle-level leaders see that he wants to call him a brother, even if he is a difficult grassroots ghost and a city fox club rat, he has to walk around in front of the project of Panhan Real Estate.
A billion investment in urban construction projects is enough for the planning bureau to overturn the planning of any place.
"Manager Gao, you should be most familiar with this kind of project operation." Zhou Shuo turned to look at Gao Mo and said: "The project capital mainly goes from the Pan Han Investment Fund, and Pan Han Investment also makes a plan to ensure the safety of the funds and calculate the prospects of the project. ”
"I see." Gao Mo didn't say anything, took out the small notebook he carried with him and wrote down Zhou Shuo's words.
When Zhou Shuo saw his notebook, he suddenly thought of the PAD project he had considered before. The technical content of the business pad is not so high, and it may be possible to start thinking about starting research and development.
Retracting his scattered thoughts, Zhou Shuo turned to Wang Er and said, "Manager Wang, the main focus of Fanhan Plaza is the concept of the Internet. In this regard, the construction of network facilities is the top priority, and you must cooperate with Mr. Li to do a good job in project planning. ”
"I, I know!" Wang Er put on a smiling face and said loyally to Li Chiqi: "If Mr. Li has any orders, just give orders, and I, Wang Er, will never hold you back in the Internet!" ”
"If there are any difficulties for Pan Han Real Estate and Pan Han Investment Fund, the group headquarters should play its own role." Zhou Shuo finally instructed Dongfang Ke: "The project plan must be kept confidential, if the site selection and planning are leaked in advance, it may cause twists and turns in the progress of the project, which is a taboo for real estate projects!" ”
"Mr. Zhou, rest assured, I will specially formulate a confidentiality standard within the group." Dongfang Ke nodded and wrote it down attentively.
"Personnel in key positions should be asked to sign confidentiality agreements, and liquidated damages should be set higher."
Zhou Shuo nodded uneasily, looked at the five people in front of the table and asked, "How is it, do you still have any questions?" ”
"That's right, Mr. Zhou." As if remembering something, Gao Mo suddenly said, "There is a situation that I want to reflect to you." ”
"You say." Zhou Shuo raised his eyebrows, originally this was just a polite remark, but he didn't expect that Gao Mo, who had always been the most worry-free, really had something.
"Well, you know, our investment fund itself also has the function of hoarding land for real estate companies." Gao Mo pondered for a moment and said cautiously: "Since March this year, I have found that there has been a change in the local real estate market, and a large amount of foreign capital has begun to enter the real estate market in Xiucheng. ”
Gao Mo frowned, as if he was recalling the specific number, and then said: "They are not investing in new real estate, but a large number of second-hand buildings and stores in the old city, which have led to the overall appreciation of the real estate market by more than five percent." ”
"How big is the money? Where did it come from? Zhou Shuo was stunned, he was not a relevant department of the government, and he really didn't pay attention to these indicators. It's only 1996 now, and the development of the real estate market in various places is not perfect, how can there be hot money to come to Xiucheng to speculate in real estate!
But once the price of real estate rises, it will do more harm than good to the current embroidery city. The rapidly rising cost of living and rents will greatly hinder the enthusiasm of high-tech talent to move in.
"After investigation, I suspect that it may be the capital of the provincial capital that is operating." Gao Mo said worriedly: "Their scale is very large, at least one or two hundred million in size. Due to the large number of second-hand housing resources, the cost of buying a property has also risen a lot recently. ”
"Provincial capital?" Zhou Shuo was stunned, and then let out a long sigh - (To be continued......)