The pharmaceutical market in Hong Kong City is only so large, and the space for development is limited.
In recent years, the Tang family's business has basically been stagnant, but they have made a lot of money due to the appreciation of real estate and financial management income.
Su Yehao’s proposal to go to the mainland to develop new markets.
Mrs. Tang only told me that someone had mentioned it before and was considering investing in a chain pharmacy and using the resources at hand to sell some medicines and medical equipment as an agent.
Mr. Su also took the opportunity to propose the idea of opening a private hospital in Pengcheng. He hoped to increase the added value of the cultural tourism city project and often transferred doctors from Hong Kong City to work on duty.
If there is a top-notch hospital around the "town", most residents can feel more at ease.
Being able to save lives quickly at critical moments is not much more important to rich people than spending more money to buy a house?
Talking about this matter, Su Yehao learned that the old equipment that was about to be replaced in the hospitals managed by his mother had been bought by a medical device agency company in the mainland, with a package price of more than 17 million Hong Kong dollars.
The old equipment from a few years ago is fine to use, but its functions are not as advanced as the new ones.
It's just like buying a second-hand car. You can drive it as usual, which is a balance between practicality and economy.
My mother's business is developing steadily and is relatively worry-free. It has long been a trend. It is difficult to lose money when opening a hospital and buying medicines.
As for the Sihai International Cultural Tourism Town project.
Basically, the talks have been completed, and there is a high probability that there will be no further changes.
There is an officially-led Overseas Chinese Town project in Pengcheng, but the main focus of the project is in the field of cultural tourism. This time, Mr. Su focused on commercial real estate and residential projects, which is in line with the mainland's policy of developing the real estate industry.
Coupled with many factors such as urban construction, driving economic employment, stimulating investment confidence of businessmen in the two places, etc., the above seems to regard this project as a pilot and benchmark, such as acquiring land for reclamation, and even providing loans in the future, giving the green light all the way.
When Su Yehao accompanied him on the inspection, the bank president personally accompanied him in order to win big orders.
Sihai International Group currently has nearly 2.4 billion Hong Kong dollars in cash in its account. The outstanding project payment from Singapore has been received. Taking into account the issue of accounting and reasonable tax avoidance at the end of the year, Mr. Su can’t wait to reinvest the money.
.
During lunch, in front of his wife, he discussed giving the golf course worth more than 300 million Hong Kong dollars to Su Yehao in the form of a family charitable trust.
You don't need to guess to know.
This is because I am worried that my big gamble will fail, so I plan ahead for a rainy day and want to leave more capital for my son.
It's obvious that I just eat carrots and don't worry about it.
Su Yehao has many escape routes. Even if his father loses not even a dime, he can still inherit several hundred million from his mother.
Once the golf course is donated to the family trust fund management in the name of "charity", although Su Yehao can still take care of it after controlling the decision-making power of the family trust, it will be difficult to take out a mortgage and use the funds at will, because strictly speaking
Said the stadium has been donated.
And the nominal ownership rights will be removed from their family names.
This is not in Su Yehao's interests. He can only enjoy it symbolically. He can tell the outside world that he owns a golf course. He can neither use it to compound loan interest nor sell it for cash.
Therefore, Su Yehao took a rare moment of force and shook his head and refused, saying frankly that it would be better to give himself more money and use it to test the waters of starting a business...
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In the afternoon, I took Nangong Tian to the University of Hong Kong to listen to a lecture.
The person standing on the podium in the auditorium is the honorary vice president of the School of Economics, and his name is Zheng Yongwen.
He is in his early forties, wears glasses, was a senior executive of Hang Seng Bank, is single, resigned and stayed at home, retired early, and is financially free.
Su Yehao knew this mainly because he heard his mother mention him during lunch.
A few years ago, this guy fell in love with the Tang family's aunt, and they almost talked about marriage, but later they broke up because of some things.
Smelling the gossip, Su Yehao made special inquiries and learned that there happened to be a public lecture, so he brought Nangong Tian over to join in the fun and sit in the front row.
Today’s topic is about the exchange rate crisis that attacked the British pound in 1992.
It's a pity that this Zheng Yongwen likes to mix Chinese and English in his speech, and often speaks a long list of economic terms, which Su Yehao can't understand very well.
At this juncture, it is undoubtedly targeted to uncover Soros's old history of sniping against the British pound.
Su Yehao heard it, but was not too interested.
Sitting in the front row, lost in thought.
Looking back on the lunch period, despite the fact that Mr. Su was anxious and worried recently, he was actually enjoying himself.
Even if we finally hold the majority of the shares in the cultural tourism city project and actually spend a lot of money, the Sihai International Building in Hong Kong City Central, the office buildings, apartment buildings, hotels, golf courses, luxury homes, etc. in the casino will still be
Very stable.
So it’s not a desperate move. His strong family background can support Father Su’s ambition, and he is enjoying the excitement brought by the entrepreneurial process.
According to Su Yehao's understanding of real estate developers, the key to making money is to borrow chickens to lay eggs.
The process of developing real estate is that the real estate developer first advances money to obtain the land. After obtaining the land certificate and construction permit, he is allowed to pre-sell the house, build the house, and finally green the surrounding area and complete the project.
Land, various taxes, construction and installation costs are quite high.
The key problem is that these costs often do not need to be paid by developers themselves.
It has 30% to 50% of its own funds. Once the documents are complete, you can obtain a bank loan, which is enough to support the remaining development work. It is estimated that the total investment of 3 to 4 billion yuan, with the money on Sihai International's books, is almost enough.
, even if you monopolize the entire project, there is no problem.
Su Yehao checked and filled in the gaps, but regretted that his father was unwilling to listen to his proposal to develop recreational and commercial facilities first, and then develop housing projects later.
Probably because they are worried about the slow return of capital and difficulty in capital turnover, they plan to start construction of the amusement park first, and after erecting the Ferris wheel, commercial real estate projects and residential projects will be launched at the same time, and the real estate will be sold to the outside world.
Considering that the area of the land is large enough, development will take time, and it will be put on the market in at least five or six phases. The profit is quite guaranteed.
It's nothing more than selling part of the house first and making less money in the future.
If you continue to use the funds obtained from selling your house to buy land, you will actually still earn the same amount, the difference is not big, it will just cost you a little more work.
Su Yehao was extremely pleased that he had led the old man in the family to the right path.
In the auditorium.
Everyone was listening carefully, but Su Yehao was dozing off. His performance successfully attracted the attention of Honorary Vice President Zheng Yongwen.
Being distracted at this time is undoubtedly disrespectful to Dean Zheng.
The other party came to Su Yehao at this moment, patted him on the shoulder, and asked:
"This classmate, what are you thinking about? You look so focused and serious. What content of mine made you realize something?"
Su Yehao continued to sit.
Looking up at Vice President Zheng Yongwen, I just felt that he looked so stinky.
Maybe it's because he is arrogant about his talent, or because of his personality. Judging from the initial information, this guy is indeed quite capable. He made hundreds of millions in net worth in his thirties and retired after being successful.
[To be honest, I have been using Yeguo to read and catch up on books recently. I can switch sources and read aloud with many sounds. www. Android and Apple are available.]
Otherwise, it would be impossible to become the Honorary Vice-President of the University of Hong Kong and hold a temporary position in the school, just giving lectures to students occasionally.
Anyway, Su Yehao had an average impression of him, and he also understood why his aunt broke up with him in the first place. The two parties obviously did not belong to the same type of people.
After staring at Zheng Yongwen and looking at him from a close distance, Su Yehao said calmly:
"I'm wondering how you would invest if I gave you 50 million. The financial turmoil in Thailand has affected the entire Southeast Asian market. Capital likes to eat people without spitting out their bones. You can't stop just because you make some money. Hong Kong City's
The property market and stock market have both fallen, and places like Singapore and South Korea will also be affected. How can we make quick money?"
Zheng Yongwen smiled and asked, "That's not a small talk. Can you give me 50 million? Let's make 50 million first and then talk about it."
beside.
Nangong Tian also didn't like this guy. The most important thing was that he actually dared to look down on his dear brother Hao and decisively helped him by saying, "Vice principal, he is Su Yehao, your ex-girlfriend's nephew."
"..."
Zheng Yongwen, who had been arrogant just now and was immersed in the battlefield of capital, understood instantly.
I have been in contact with the Su family and the Tang family, 50 million or something, which is really a waste. Last time, the "Hong Kong City Morning News" wrote about the news that a great man from Hong Kong University made a huge profit of 70 million Hong Kong dollars by investing in stocks. Zheng Yongwen also saw the news.
Pass.
Calculating Yahoo's gains these days, the stock price has reached a new high, reaching the threshold of US$53, and the actual total income has been close to HK$100 million.
Su Yehao thought of waiting, and the money for redemption and mortgage of the watch was still sitting in the bank, and he was unable to enter the market in time to increase his position.
Judging from the trend of Yahoo in the past two days, it is considered a small loss.
It is impossible to make all the money, nor to reach the lowest point and the highest point every time. Su Yehao is already satisfied.
Zheng Yongwen laughed and said, "It turns out to be you. I saw you once from a distance before. You have changed so much in the past few years that I didn't recognize you."
"It's been a few years since we broke up. My aunt is doing very well recently."
Su Yehao smiled and quietly cleared the relationship.
I stopped by today to find out what kind of man my mom's sister used to like, and she didn't have any intention of making things up.
Although the honorary vice-principal in front of him can be regarded as a successful person, Su Yehao's family is a so-called elite wealthy family, so there is no need to hug anyone's lap. The honorary vice-principal does not have much real power and cannot control Su Yehao.
Zheng Yongwen was quite impressed. He quickly recovered his mood and continued to focus on his speech.
He returned to the podium and continued:
"Classmate Su Yehao asked me a very good question. He asked me how I would invest if I was given 50 million Hong Kong dollars."
"In the short term, everyone in Hong Kong is in danger. Many experts believe that the Hong Kong dollar may be forced to float freely like the Thai baht. In my opinion, this is indeed possible. In the past few years, the stock market and the property market have surged, and the economy has
The bubble is serious and the risks and potential harm are great."
"But don't forget, we have the support of the north now, and our port city is not Thailand, and we still have tens of billions of dollars in foreign exchange reserves on our books. In May, international financial speculators used two tools, futures and spot, to trade in the port city.
The foreign exchange market, stock market and futures market all started to attack the Hong Kong dollar at the same time, but ultimately failed."
"If I were me, I would spend 50 million to short the New Taiwan dollar, Korean won, etc., as well as the stock markets in these places. If we want to say where can survive, apart from Japan and Singapore, it should be us.
, but the stock market and property market will inevitably plummet..."