Hong Kong's property market has experienced several twists and turns, and before the handover in '97, it was the last wave of the golden decade of Hong Kong's real estate industry. After the arrival of the Asian financial crisis, the Hong Kong property market will be hit hard by a decade of failure.

The Hong Kong property market began to heat up, and the initial increase was still within a barely acceptable range, just back to the peak of a few years ago, but after September, the speculation spread from luxury houses to small and medium-sized ordinary single rooms, and property prices rose like a rocket.

By this time, a bubble had formed in mid-January '97. Lu Jing is familiar with the trend of history, and he will definitely not go to Hong Kong to buy a property at this time. After the outbreak of the financial crisis in July '97, the property market prices in Hong Kong plummeted, plummeting by 4 to 50 percent, and that was the best time to make a move.

Lu Jing smiled: "I don't have the idea of investing for the time being. I expect that the bubble in Hong Kong's property market will burst in a while, and it is not too late to reinvest when the bubble bursts. ”

"Oh? How long do you think this time will be? Chen Xujiang said with a smile as he smoked his cigar. Sooner or later, the bubble will burst, and that's something that most people know. The key to capital operations is to withdraw before the bubble bursts.

He does not think that Hong Kong's property bubble will burst anytime soon.

Lu Jing smoked a cigarette and said: "Paul Krugman, a professor of economics at the Massachusetts Institute of Technology, wrote a book called Popular Internationalism last year, in which he boldly predicted that there would be an economic crisis in Asia.

I agree with him.

There are great worries under the economic prosperity of the Asian Tigers and the Four Tigers. In order to maintain a fixed exchange rate system, these countries have long used their foreign exchange reserves to cover their deficits. The external debt increased. And the structure of these external debts is very irrational. In the case of a large amount of short- and medium-term debt, once the foreign capital set aside exceeds the foreign capital inflow. When their foreign exchange reserves are not enough to make up for their shortcomings, the depreciation of their currencies is inevitable.

What's more. These countries maintain fixed exchange rates while expanding financial liberalization. I'm sure international speculators won't fail to see an opportunity.

If a financial crisis does break out in Asia, Hong Kong, as one of Asia's financial centers, will not be affected. The bubble in the property market will be punctured by external forces. ”

Lu Jing made a balloon explosion gesture with both hands, "I think the time will be July this year." ”

In fact, international speculators are already raising funds to prepare for the Thai baht, and he doesn't know whether Chen Xujiang, as a director of a Hong Kong-funded bank, has noticed any clues.

Chen Xujiang and Dong Kuncheng glanced at each other, not believing this conclusion very much. Dong Kuncheng drank red wine and said with a smile: "Paul Krugman's Popular Internationalism? The book can be found there. ”

Lu Jing smiled and lit the ashes: "The Chinese translation in China has not yet come out, and the English translation should be available abroad." ”

The Chinese translation of this work will not be available until 2000.

Dong Kuncheng nodded slightly. "I'll buy it and read it."

In the business world, there is no such thing as zài borrowing books. Many entrepreneurs have the habit of taking notes and annotations when reading books, which are the result of personal thinking and the unintentional expression of the strategic thinking of running a business. It is not a very close relationship, and it is simply impossible to make such a request to borrow a book.

This saved Lu Jing from embarrassment. He had also read this book in his previous life. Now he does not have an English translation of Popular Internationalism in his possession. If Dong Kuncheng opened his mouth to borrow the book, he wouldn't be able to take it out.

Although Dong Kuncheng and Chen Xujiang did not accept Lu Jing's theory about the economic crisis, there is no doubt that there is a common topic between the three of them.

Speaking of economic topics, Chen Xujiang was secretly surprised in his heart, Lu Jing read a lot of economic works, although most of the time he was quoting the views of other people's books. But there is no shortage of their own opinions. It's very different from the children of the family who go to the horse and Zhangtai. He had it in his belly.

This made his attitude towards Lu Jing change slightly.

As they spoke, the waiter came over and invited them to the eighth floor for a buffet reception.

When Lu Jing followed Dong Kuncheng and Chen Xujiang into the reception hall, there were already many people inside, gathering in circles of different sizes to talk.

Chen Xujiang is very popular here. As soon as he entered, someone greeted him and talked to him. Dong Kuncheng smiled and walked to the side with Lu Jing. I found the waiter and took a cocktail, and stood in the corner chatting, "Asahi Jiang is the God of Wealth." So he's more popular than the two of us. Today's buffet reception was held by Huang Hongqi, chairman of Huangyuan Group. Most of them are Hong Kong and foreign businessmen in Beijing. Mr. Carlson from Siemens hasn't come over yet, so let's wait. Do you want me to take you for a circle? Get to know everyone. ”

Lu Jing smiled and waved his hand, "No need." Uncle Dong, just go by yourself. "He has a lack of interest in business communication.

As he was talking, he saw Mo Xinlan's leader walking in with a few people at the door. Bai Kun and Dong Kuncheng's nephew Dong Xiang were all in that group.

Lu Jing's eyes narrowed, he didn't expect to meet them here. Dong Kuncheng noticed Lu Jing's reaction, patted Lu Jing's shoulder, and smiled: "Don't worry too much, the mall is like this." The circle is only so big, you can't look up and see you down. Cooperation is cooperation, and competition is competition. In short, making money is the number one priority. I'll go take a circle and I'll come to you later. ”

"Okay, I'll see you later." Lu Jing smiled, he didn't agree with Dong Kuncheng's point of view. An enemy is an enemy, and a friend is a friend. How can it be mixed up. Otherwise, it will be sold at a critical time.

Lu Jing stood in the corner without the slightest displeasure, slowly drinking a cocktail. He was accustomed to looking at the enemy in the shadows.

"Why is Lu Ershao standing here alone? Does no one pay attention to you, the shareholder of Xinhong Department Store? Bai Kun had already seen Lu Jing, and couldn't help but turn around and sarcastically. He hated the people of Lu Jing's family to the core. Lu Dong's affairs loom in his figure. The Bai family suffered a big loss, and most of the accounts had to be recorded on him.

Lu Jing smiled faintly: "How can you be alone, didn't you come over?" "The details of Baijia's Xinda Real Estate and Kunpeng Investment, Lu Jing has already analyzed, and there is a rough bottom, and a feasible plan is in the pipeline. When he went to Hong Kong a few years ago, he would stop by to visit Mayor Lin of Jiangkou City. He is the deputy mayor in charge of economic work in Eguchi City. A large part of Cinda Real Estate's business is in Jiangkou City.

Bai Kun ran over to ridicule him, and probably didn't find out who Mayor Lin was. They were very close to Minister Huang of the Organization Department at Lingnan.

"I heard that your engagement with Mo Xinlan was dissolved after that, what is the reason?" Lu Jing smiled and said knowingly.

Bai Kun was so angry that he almost put all the wine in his hand on his face. This incident was the deepest pain buried in his heart. The declining Bai family still has the face to marry the Mo family. He can still save a little face if he takes the initiative to bring it up, does he have to wait until the Mo family proposes it?

At this time, Lu Jing did not hesitate to uncover it in person, which made him furious. You can't hit someone in the face.

His eyes were red, and he stared at Lu Jing and said word by word: "What is the reason?" Lu Jing, don't you know? You remember thirty years in Hedong and thirty years in Hexi, I will make you look good. ”

Looking at Bai Kun, who seemed to be on the verge of an outbreak, Lu Jing nodded very easily: "Okay, I'll wait." It's just that thirty years later, I'm afraid that Miss Mo will marry early. It is estimated that children can take the college entrance examination. ”

Lu Jing's words were said in vulgar language, "Your fiancée has slept with someone else and had children, and you are still chirping crookedly." ”

"You bastard!" Bai Kun raised his hand and took a step forward, he really couldn't help it, he wanted to do it. He has feelings for Mo Xinlan, and Lu Jing's words are another handful of salt on his wounds.

"Bai Kun, what are you doing?" An elegant young woman walked over as she spoke, she was wearing a red mid-length woolen coat, and a black fox fur collar lined her snow-white goose egg face, which made people feel that her skin was better than snow. The eyes are big and charming, the nose is straight, the bangs in front of the forehead are neat, and the bun is coiled, which has a classical charm.

The slender and straight legs are wrapped in thin black tights, and the flesh color is faintly visible, and a pair of slender and straight beautiful legs can easily make people feel the urge to violate.

"Third aunt!" Bai Kun shouted unwillingly. Lu Jing looked at the appearance of him pinching his nose and calling Ye Yan's third aunt, and laughed in his heart.

The classical beauty who came over is really Zhang Li's Aunt Ye, Ye Yan, deputy general manager of Hengyue Group, responsible for the e-commerce of Hengyue Group.

"Fight here, do you want to lose the face of the Bai family?" Ye Yan reprimanded with a straight face. Bai Kun turned his head and left, he was too lazy to listen to the nonsense of this outdated third aunt.

Dong Xiang drank wine, saw Bai Kun walking back angrily, pointed to Ye Yan who was talking to Lu Jing in the distance and asked, "Let the beauty choke?" ”

Bai Kun said angrily: "That's my late third uncle's wife." With that, he took a big sip of wine, and the liquid rushed into his throat, causing him to cough slightly. Ye Yan had long planned to dissolve her marriage with the Bai family. In the past, there was a voice in the family, and even if the third uncle died, she was not allowed to remarry. Now the Bai family is unlucky, and there is no binding force on her. She was probably the happiest.

Lu Jing smiled and asked, "Miss Ye is elusive, I didn't expect to meet here." Ye Yan raised her wine glass and said, "Didn't Xiao Li tell you that I was in the capital?" I know Mr. Huang well, and he invited me over for a glass of wine. There's nothing surprising about that. It's that you, Lu Ershao, are hiding deep enough, Xiao Li and Teacher Fang don't know your identity, right? ”

Lu Jing smiled: "I seem to be a mysterious person." What am I am? My parents are retired public officials. What happened to Bai Kun calling you the third aunt just now? You disciplined him so that he didn't dare to reply, and he was much more majestic than me. ”

Ye Yan smiled slightly, she had a beautiful mature woman taste in the slightly dim light, and her eyes were full of loneliness with a little memory, which made her classical face shrouded in sorrow.

"My late husband was his third uncle. I gave him a few words that made sense. It's like his grandmother likes to lecture me if she has nothing to do. What's so strange about that. (To be continued.) )