Chapter 430 Hong Kong (1)
Infrastructure investment, this is the "money pit"!
Except for what the government has to do, pure businessmen simply don't bother to make these laborious but not necessarily profitable real estate investments. Pen × fun × Pavilion www. biquge。 info
Normally, the local government has already repaired the transportation network such as roads and railways before it starts to attract investment; And it is indeed rare for merchants to build their own roads.
The approval procedures for projects involving real estate are the most cumbersome among all industries, and there is no one; In the process of going through the formalities of real estate projects in batches, it is 100% difficult to escape being blackmailed by officials, and if there is no absolute "hard relationship" under the premise of absolute "hard relationship", it is inevitable that most of the commercial profits will be swallowed up, and there will not even be a mouthful of soup left. Comparatively speaking, the financial industry is the easiest to get started.
I won't mention these things, but I'll leave them to Peter-Malkin and Bill Murphy to deal with them on their behalf.
Over in Berlin, the old Mark has begun to prepare to complete his ultimate dream, the batch of gold continues to be entrusted to the Rothschild (Germany) bank, as long as the gold asset certificate procedures, with gold as a pledge, a loan of liquidity, and FTL fund bundled, you can open a bank of your own!
With a bank, you can absorb a large amount of deposits, which can sweep away a huge flow of funds to complete a series of investment and acquisition plans!
During this period, the elder Mark had already informed Ussi not to return to China, so as not to be involved in the lawsuit between Adidas and Puma, which delayed the opening of the bank.
Here in New York, Immelt also informed Usi not to go back too early, the "Eagle Project" has entered the decisive stage, and it is best to wait until the matter is completely over, in fact, it is implying that Usi had better delay until the end of the general election on November 7, and then return to New York!
Of course, this must have delayed the first few games of the NBA's 00-01 regular season.
On the evening of October 5th, Usilis, Xiaoqian, Frank, Scotty, Montas and others had already checked in to the Conrad Hong Kong Hotel, and even agreed to go out to the Hilton sisters to go to the surrounding bustling night markets.
The Hilton sisters didn't just come to reunite with Ussy, they came for a purpose, and the two of them chattered in Ussy's ear, all about their own hotel property.
Conrad Hong Kong is a holding property of Hilton Hotels Group, located at 88 Queensway, Central, Pacific Place (Gangdang Shopping and Entertainment Centre), near Hong Kong Park.
The original Hilton Hong Kong Hotel is located at the junction of Garden Road and Queen's Road Central, adjacent to the ultimate court of Hong Kong, a veritable political and financial center, since its opening in 61, the performance is very good, has been the leader of Hong Kong's hotel industry.
The average occupancy rate of Hong Kong's hotel industry has been as high as 83%, so it can be said that Hong Kong's hotel industry is almost a real industry that makes money without losing money!
In 94, the board of directors of Hilton Hotel Group made a strong decision and insisted on selling the Hong Kong Hilton Hotel, together with the holding Lee Gardens Hotel, China Seaview Hotel and other properties, to Li Ka-shing, the richest man in Hong Kong.
Afterwards, Li Ka-shing reneged on his promise and forcibly transformed these hotel properties into duplex commercial buildings; Among them, the Hong Kong Hilton Hotel was transformed into the center of Cheung Kong Group. The acquisition behavior is understandable, after all, it can be acquired back one day in the future; But changing careers and going back again, the cost is too high!
This move made Barron-Hilton thunderous, but he was helpless, and he still haunts it today!
The Hilton sisters were entrusted by their grandfather Barron Sr. to let Ussy find an opportunity to teach Li Ka-shing a profound lesson, ahem!
Usiris rolled his eyes, and could only pretend to be listening; He has a deep memory of this period of history before and after Hong Kong's return to the motherland!
Hong Kong is the third largest financial center after New York in the United States and London in the United Kingdom, and is highly developed in the financial industry, real estate industry, international trade industry, film and television industry, etc., and its wealth can be calculated in trillions of dollars.
In '97, Hong Kong was about to return to the motherland, and a financial disaster kicked off 10 years ago.
The definitions of private industry and state-owned industry are different, and the state policies of socialism and capitalism are different.
No matter how the Chinese government makes the guarantee and commitment of "one country, two systems", apart from the deep belief of those overseas Chinese who have Yanhuang blood, how can outsiders easily gamble with their own assets?!
Imagine that your family assets have been unconditionally confiscated and confiscated by a certain government, not to mention that you will not get a penny of compensation, and you may be paraded in a high hat, forced to go to the countryside to grow vegetables, and forced to squat in the cowshed, it is a nightmare!
As a result, between '87 and '97, a large number of foreign-funded entities were sold or mortgaged to local banks in Hong Kong at low prices, and then converted into gold, the two major currencies of the US dollar, and then slipped.
Hong Kong locals have limited financial resources and simply can't afford so many industries, and they are already facing the bad situation of "serial bankruptcy"; The Chinese consortium headed by Li Ka-shing, Fok Yingdong and others can only ask the motherland for help!
Not only Hong Kong, but also the mainland has also withdrawn a large number of foreign investment.
Bank of China (Hong Kong) Co., Ltd. came into being, although it was only a financial investment company in name and was not registered as a bank, but in fact it acquired the shares of 10 major local banks in Hong Kong, and gradually became the largest currency and gold settlement bank in Hong Kong. Within 10 years, it has been frantically squeezed, but it has to hold on, otherwise once the RMB loses its international credit, it will lead to unpredictable bad consequences!
The first step in the reconquest of the country is to take back the banking industry, control the right to issue paper money, and stabilize Hong Kong's economic order. This comes at a price.
So, cough cough, the "family planning fine" policy was introduced, which intensified in China, and in the 90s, it became a childhood nightmare for the "post-80s". The "post-90s" generation is still a group of little children, still ignorant and ignorant, so I won't mention it!
During this period, the Thais were the only friendly neighbors who fully supported Hong Kong's return because they secretly sold short the treasury gold reserves; Of course, behind the scenes, I am happily counting the yuan, cough cough.
This is not the end of the matter.
Queen Elizabeth II returned Hong Kong very gentlemanly, but at a very heavy price.
Hong Kong's Standard Chartered Bank controlled the largest amount of Hong Kong dollar issuance rights until 97 years. Because Hong Kong's return to the motherland is imminent, a large number of investors in Hong Kong frantically sell industrial assets and siphon out funds, so that the gold reserves of Hong Kong's Standard Chartered Bank have been run out. Fortunately, at the critical moment, the Rothschild (British) Bank came to the rescue, otherwise Britain would have fallen into the pit! (To be continued.) )