"Okay, then fight, this is the time when the risk is the greatest and the harvest is the greatest, if you borrow leverage to buy land or property on a large scale, you can easily earn several times if you win the bet." Chen Tianfu nodded and said.

Chen Zhiwen said with a smile: "During this time, Cheung Kong and Sun Hung Kai are absorbing a large amount of land, and their vision is not bad, we don't need to understand the details of the market, just keep an eye on these people." ”

Chen Tianfu said: "This is also true, it should not be wrong to follow them." Aren't you ready to go to the bottom? ”

"I'm going to buy the bottom, but it's not the ground." Chen Zhiwen shrugged and said, and then said that he was preparing to acquire Yonggao.

"Okay, I know that you have a vision, and you don't look down on those ordinary land." Chen Tianfu laughed and said, I have often chatted with my son in the past six months, and I also feel that my son seems to be very ambitious and not at the same level as him, but I didn't expect him to directly prepare to acquire the Central Building.

Chen Zhiwen said: "Dad, from now on, we can borrow a large amount of money, but we must lock in the loan interest rate. ”

"Why lock in interest? Wouldn't it be safer to follow the market? Chen Tianfu asked.

Chen Zhiwen replied: "Because of the oil crisis, European and American countries have fallen into recession, even if OPEC restores production capacity, the era of low energy prices is over, which will inevitably cause large-scale inflation in the next few years, under normal economic logic, serious inflation will definitely raise interest rates."

Once the United States raises interest rates, the global dollar will flow back, and other countries' currencies will depreciate, and the only way to deal with it is to raise interest rates to retain funds. ”

"I don't understand." Chen Tianfu is very honest, although he is okay in the business world, but he still does not know enough about the macroeconomy.

"Anyway, just believe me, the Hong Kong government has raised interest rates four times this year, and interest rate hikes will definitely be the norm in the future." Chen Zhiwen shrugged and said.

The most fundamental logic of the collapse of Hong Kong stocks this year is that under the stock market crash, a large number of funds fled and were converted into dollars and pounds to leave, which gave the Hong Kong government great pressure on foreign exchange reserves.

Then came the oil crisis, which dealt a blow to Hong Kong's economy. Fortunately, in March 1974, the oil crisis ended, the confidence of the global market was restored, but high oil prices became a fact, inflation exploded in Europe and the United States, and interest rates were forced to rise.

In 1980, the highest loan interest in Hong Kong was as high as 20%, and the ship's king Bao Yugang forcibly acquired Wharf, asked HSBC to borrow 2 billion, and sold the property within a year to pay it back.

If it weren't for the good news in the northern mainland that stimulated the Hong Kong property market at that time, it is estimated that the real estate market would not have been able to rise at the end of the 70s.

"Okay, then I'll listen to you." Chen Tianfu nodded, as long as the real estate market recovers, even if the interest rate drops in the future, the land bought at a low price now will still be earned, but it will just earn more and earn less.

......

After spending Christmas and New Year's Day at home, the year 1974 passed.

On January 8, Chen Zhiwen made an appointment with Shen Bi and set up a banquet at the Mandarin Oriental Hotel to entertain him.

"It's such a sumptuous meal full of Han people, the two of us eat it, isn't it too wasteful." After Shen Bi entered the luxurious private room, he couldn't help but smile when he saw more than 20 dishes on the table.

Chen Zhiwen stood up, stretched out his hand with a smile and said: "Mr. Shen Bi, the real Manchu and Han banquets are 108 dishes, and the capacity of Hong Kong is limited, otherwise, I will definitely raise them to entertain you." ”

"Chen Sheng is polite." Shen Bi is also very satisfied, the young man in front of him, although he is young, but after several exchanges, he found that the other party has a wide range of knowledge, and his prediction of the stock market real estate is also very accurate, plus a previous stock market investment made him worth hundreds of millions, and he is not arrogant at all when he is so young and successful, not only for him, but also for many other people, which is very rare, it can be said that he is very optimistic about Chen Zhiwen's future in Hong Kong.

"You may be seated." Chen Zhiwen said with a smile.

After the two sat down, the waiter stepped forward and poured thousands of Hong Kong dollars of French red wine into their glasses, and then exited the private room.

"Good wine." Shen Bi took a sip and said with a rather aftertaste.

"It's good if Mr. Shen Bi likes it." Chen Zhiwen smiled and said, "I have already ordered a few boxes from France, and I will arrange for someone to deliver them to Mr. Shen Bi's mansion when the time comes." ”

"There's no need for it, it's always risky to receive such a valuable gift, and it's not necessary." Shen Bi shook his head lightly and refused.

"Okay." Chen Zhiwen is not hypocritical, no matter how expensive red wine is, it is just something outside the body, and the meaning contained in it is the most important, Shen Bi is not a bank class now, and there are other candidates for the next class, HSBC, a century-old enterprise, there must be a lot of internal factions, and if it is too expensive, it may not be a big deal, but there is no need to take this risk.

Shen Bi said: "Chen Sheng, the global electronics you want to acquire, Tori has already negotiated with the other party, 5.5 million Hong Kong dollars." ”

"Winning more is really a noble soldier!" Chen Zhiwen said with some surprise, his previous subordinates had also been in contact with Global Electronics, but although they did not completely reject their own side, they always ignored it, and many things dragged on, but I didn't expect HSBC's speed to be so fast, and it took less than a month to take it down.

Shen Bi smiled and said: "The boss of Global Electronics is old, in fact, he also has plans to retire, and the business is not good during this time, they also owe a lot of loans to HSBC, according to our contract, it is necessary to increase the collateral, which requires a lot of investment, and the company can get a sum of money after selling it. ”

"I see." Chen Zhiwen nodded and said that HSBC came forward, which is indeed a lot of pressure for manufacturing companies that have poor business and rely on long-term order loans.

The boss of Universal Electronics probably wanted to get rid of it, but before the people of Xinghe went, they didn't know the details and didn't dare to decide casually, but HSBC came forward differently, this is the golden signboard.

"Is this money Chen Sheng paying in full or a loan?" Shen Bi asked.

"Then take out a loan, shall we?" Chen Zhiwen laughed and said, although it is not much, but the rules for inviting HSBC to come forward to acquire still have to be followed, HSBC comes forward to acquire a company, in addition to charging fees, the funds for the transaction are generally HSBC loans, and even many projects in the future are the same, so in fact, hello, I am hello, everyone.

"Then according to the old rules, three or seven points." Shen Bi also said indifferently, he didn't care about millions of Hong Kong dollars, 37 points is three layers of the other party, and 7 percent is an HSBC loan.

Chen Zhiwen then asked, "Mr. Shen Bi, how is the matter with Yonggao?" ”

PS: It's still cloudy, ready to enter the round of 16 finals!