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Chapter 1046 Upper Valley Real Estate

Li Zhongxin and Masako Mitsui summarized the current funding situation, amount of funds, etc. of Chuanxin Mitsui Bank, and formulated some brand new plans.

Originally, Li Zhongxin wanted to set up a separate bank in Hainan Province, China, but after some discussion with Masako Mitsui, he changed his mind.

If he owns this bank, there is no benefit, because the current situation in China is there! If he starts a sole proprietorship bank, he will not have that kind of core competitiveness at all.

Large banks may cooperate with him because of their strong amount of funds. However, it is even more difficult to deposit money into their banks and to borrow loans from most people from their banks.

According to Masako Mitsui's intention, if you want to establish a bank in China and quickly open up the situation, you must bring in many banks to support Chungxin Bank.

Now Chungxin Mitsui Bank has many partners, including major banks in the world and HSBC Bank in Hong Kong...

In China, Zhongxin Mitsui Bank also has cross-holding shares, among which China Construction Bank and Agricultural Bank both hold some shares.

Among them! It is mainly because Zhongxin Company is in China. Li Zhongxin’s money and Zhongxin Mitsui Bank’s money will be transferred back and forth from these banks. If you own some cooperative shares, it will be of great benefit when you return the working capital.

"Aunt Masako, when did you start investing in Chinese banks?" After listening to Masako Mitsui's introduction, Li Zhongxin asked in confusion.

Li Zhongxin was a little confused. Even if Zhongxin Mitsui Bank’s business was carried out, it should not be carried out in China!

"This thing is not because of you. You are a Chinese and have been importing funds into China. Although you have cooperative banks there, the inflow and output of a large amount of funds is a troublesome thing. I thought at that time that if you purchase a certain amount of stock from the banks of your country through HSBC or other banks, it is considered to be a few banks in China. When the funds are in and out, it will be much more convenient. You are not unaware that if your country has inflows or expenditures of hundreds of millions of dollars, there will be quite a lot of restrictions. Just investigation,

It will take a long time, and if we hold the stocks of some of your Chinese banks, these funds will be much more convenient. Even if there are some monitoring and review measures, they will not delay our operations." After taking a sip of tea, Masako Mitsui continued to speak: "You mentioned to me last year that you want to build a large commercial bank in China. So, I am doing these things now! It can be regarded as paving the way for you. If you want to build a Zhongxin Bank, if there are various Chinese banks and foreign banks to invest, then your bank will be able to open soon.

This will save you a lot of trouble. Now your Zhongxin Company has a lot of funds in China, and it also has a loan of 500 million US dollars from the Soviet Union, etc. If the things transported from the Soviet Union to China are sold to us for repayment, they will also avoid a lot of trouble.

Of course, what about those funds! We can make some long-term plans or invest in China, for example, the banks you are going to invest in now, and some other investments, such as building the large-scale buildings you mentioned.

Not to mention the far-reaching things, I only talk about recent events. Recently, I discovered that developing real estate is really profitable! After we opened the land we bought in the Uegu area of ​​Tokyo and bought most of the properties, we have sold more than 40% of the costs. Not to mention the cost has returned, there are still some small profits.

Now more and more people are taking out loans to buy houses over our country, and our bank makes a lot of money just for this part." As soon as Mitsui Masako talked about the real estate they developed in the Ueya area of ​​Tokyo, she immediately became excited.

She originally disagreed with the fact that Mitsui Masako had proposed to Li Zhongxin to develop the Upper Valley area and to do real estate in that area.

Because Masako Mitsui felt that such things were not suitable for them to do with Tadon Mitsui Bank. If the land rose, just sell the land, and it would be a good thing to invest in the money.

However, when Mitsui family and Mitsui, Miho and other people from the major chaebols built Upper Valley area, Masako Mitsui realized that Li Zhongxin's move was really correct.

Nowadays, real estate has been sold forty percent, but it has recovered all their investment costs, not only the costs have been recovered, but also the small profits have been made.

This money! It is the money earned by companies under several major chaebols and Chungshun Mitsui Bank. At this time, several major chaebols often began to distribute olive branches like Chungshun Mitsui Bank, hoping to carry out broader cooperation.

The money has been made back, and the rest is pure profit. According to the current upward trend, the prices of real estate here will further increase significantly.

Before, the place was desolate and there were not many people, but after the opening of the Chuanxin Mitsui Bank to sell a large number of houses, the population of this place surged. It can be said that a prosperous scene began to appear from a place where birds do not shit.

You should know that most of the real estate they are developing now sells for residential properties, and only one-tenth of the real estate is sold. In other words, if all of these real estates are sold in the future, they will make at least twice the money they make.

This is a preliminary estimate. The current situation is that the price of real estate in Tokyo, Japan is one price per day, and the price is constantly rising every day.

The prices of houses in the center of Tokyo are almost speculating. This wave is constantly pouring into the Upper Valley area. According to this upward trend and at the gradual price, all the houses they built are sold and profits of three to five times are also possible.

"How is the sales of the houses in Uegu now? How much has been sold recently? If possible, temporarily stop the sales of the houses and conduct hunger marketing. The pre-sale houses are temporarily stopped. When most of them are built by the end of this year, they will be sold." Li Zhongxin calculated in his mind and said seriously to Masako Mitsui.
Chapter completed!
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