Chapter 575 Idealist Xu Wenbiao
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He explained, "As entrepreneurs, they are more afraid of the situation than ordinary businessmen. www.biquge.info If the chairman of the board of directors is willing to make acquisitions at this time, those high-quality companies will have more development potential than those real estate projects. β
Xu Wenbiao said in an excited tone, "These manufacturing enterprises have been in operation for many years, have stable skilled workers, perfect machinery and workshops, and they represent real production and manufacturing. These enterprises represent the interests of more people than a simple building or a house. β
"Not only that," Xu Wenbiao walked to the computer and opened another PPT on the computer.
He demonstrated the new PPT, pointed to some of the data on it, and explained. "In my analysis, there is already a serious bubble in the price of real estate. Hong Kong's per capita income has not been able to keep up with the growth in housing prices for many years. β
PPT turned to a comparison chart of Hong Kong's per capita income and housing price growth. It is clear from the chart that the growth rate of per capita income in Hong Kong is much lower than the growth rate of housing prices.
Hui Wenbiao said in a heavy tone, "After years of differentiation between the rich and the poor, the gap between the rich and the poor in Hong Kong has become wider and wider. Many people in Hong Kong can only live in public housing. β
"Other high-income groups can only afford to live in a small snail's house. Housing prices in Hong Kong are already higher than those in London and New York, and such housing prices are seriously overdrawn for Hong Kong's future. β
Other Hong Kong colleagues were also silent, they are all considered to be the top income class in Hong Kong, but they are also troubled by the problem of housing prices.
Don't look at them as elites with good incomes. Don't look at the time when they are in the company, they worry about hundreds of millions of billions of investments. When they come home from work, all they can live in is a small pigeon cage.
They entered the shiny office building in the morning, dressed in neat suits and leather shoes, and all of them looked human. But as soon as they left the company, they immediately turned back into a snail-dwelling ant tribe, huddled in a small and crowded room with their roommates.
The world is so ridiculous, those who worry about the general trend of the country, the general trend of the economy, and the investment of major projects. Those who build tall buildings and watch them take shape little by little. Most of them don't have the ability to buy a house of their own.
Xu Wenbiao waved his hands and said in an excited tone, "The price of the house has been speculated very high, but the price of those industries is the cheapest time now, and they are in a hurry to change hands." Compared to the price of the house that has been speculated, the industry is now unattended, and we can buy those projects at a very low price. β
"Hong Kong's future cannot just rely on financial speculation," he said in an expectant tone. Hong Kong is isolated from other countries. Without the support of its own industry, Hong Kong will eventually become a hollow city in decline. β
Xu Wenbiao looked at everyone with expectant eyes, hoping to get the support of others. But in the eyes of others, he couldn't see anything.
He said slowly, "In all aspects, whether it is for profit or for the future of Hong Kong, we have reasons to invest in some companies with development potential." They would be good investments and the cornerstone of Hong Kong's future prosperity. β
"Your name is Xu Wenbiao, right?" said George, mildly.
"Yes, Chairman. Xu Wenbiao hurriedly replied.
George crossed his fingers on his chest and said slowly, "Hello, Xu Wenbiao, I agree with your views on industry." Manufacturing is the foundation of wealth, and only after the manufacturing industry creates wealth, the tertiary industry is needed to distribute wealth. β
Xu Wenbiao's face showed a happy expression, and the chairman's attitude was much better than he imagined.
Originally, in his opinion, proposing a bubble and speculation about housing prices was like refuting the chairman's corporate strategy, and he had already made a lot of bad intentions.
"But. β
This but, let everyone's hearts lift.
George continued, "But after wealth creation, the most important thing is distribution. After all, the creation of wealth does not mean that you are eligible to participate in the distribution. β
George looked around at everyone and said in a light tone, "I think it's clear to everyone that we're not going to actually work on site, but we're involved in the distribution of wealth. β
"Not only that, but we also have a great advantage in distribution, far more than the advantages of those in the manufacturing industry." β
Listening to George's words, Xu Wenbiao's excited mood gradually cooled down. He knew that George was telling the truth, and finance often had a great advantage in the game with industry.
In many cases, it is not necessary to participate in the creation of wealth in order to distribute it. On the contrary, the heaviest and dirtiest work, many times, is left to those who have no choice to do.
And those who are smart, those who are smart with money and money, have more ways to get past those hard toils and directly participate in the distribution of wealth.
George continued to ask, "I don't know, Manager Xu, have you had in-depth exchanges with those entrepreneurs. If so, I think they'll complain to you about the bad business, right?"
Xu Wenbiao nodded and said, "They all complain that the industry is not easy to do, and the profits are too low, which is far worse than flipping houses." So they would rather lose money and want to transfer the business. β
The faces of the other colleagues also became ugly. This Xu Wenbiao is really too ideal and naΓ―ve, even those entrepreneurs who have been doing it for many years find it difficult to do business, how can they buy it.
Xu Wenbiao hurriedly explained, "If we are willing to take over, we can get a complete industrial chain at a very low price." After consolidation and restructuring, we will have the most important manufacturing industry in Hong Kong. This is a unique opportunity. β
He is not only full of enthusiasm, in order to persuade everyone to invest in Hong Kong's manufacturing industry, he really made a lot of preparations. As long as you buy those manufacturing industries at a low price, the integration and restructuring will increase the overall profit, and this investment will definitely be profitable.
"No, no, you didn't get it. George shook his head and said, "The root cause of the problem in the manufacturing industry is not in the manufacturing industry, and it is meaningless to simply integrate and reorganize the manufacturing industry." β
For example, he said, "For example, if rents rise due to high housing prices, profits cannot keep up with the growth of housing prices, and wages in the manufacturing industry will naturally not increase." As housing prices skyrocket, factory workers will get poorer and poorer, and then there will be a massive loss of good workers. β
(To be continued.) )