Chapter 938 Where does the sense of crisis come from?
The reclamation speed is extremely fast.
There was nothing on the sea not far from the land this morning, but soon a small piece of land appeared.
Look at it this way.
With the advancement of human engineering technology, those natural islands seem to have become less valuable.
As long as you have enough funds and get the approval procedures, you can build it into whatever you want. Because of the convenient transportation and complete living facilities, it is much more valuable than some desert island hanging alone in the deep sea.
For example, airports in port cities and casinos are actually built by reclaiming land from the sea. The technology is very mature and hotels and office buildings can be built on them just like normal land.
The sediment is sucked up directly from the seabed, but the large rocks used to fix the embankment are relatively expensive and specially shipped from the mainland, one ship after another.
Out of concern about rising sea levels, the embankment, which is more than 100 meters wide, will be further reinforced after it is formed, so that people will not worry about their houses being flooded by seawater in the future, which will affect housing prices.
Compared with the benefits that King Crab Island may bring, the amount of money spent during the island building phase is not worth mentioning at all.
For the entire King Crab Island project, Su Yehao's ideal income is expected to reach US$35 billion to US$45 billion, and there will be opportunities to earn more over time.
The current average house price in the casino is only about 6,000 Hong Kong dollars, which has basically not moved much in recent years.
The gaming industry driven solely by Old Lisboa is far from as brilliant as Su Yehao remembered. With the development of the economy and the influx of wealthy foreigners, it is estimated that housing prices in the casino city will rise crazily before long.
When the casino was under the control of Lao Portuguese, its development was not very good.
Nowadays, we are paying more attention to the gaming industry, and there is a large influx of mainland tourists. At the same time, we are also seizing the opportunity to invest northward. This is undoubtedly the right path.
The total population is only a few hundred thousand, and with a slight improvement in the economy, the local per capita income level and social welfare, etc., can rise at a speed visible to the naked eye.
Last year, the casino's GDP was more than 8 billion US dollars, which was only about one-sixth of Su Yehao's total net worth.
The investment and construction of King Crab Island and Sihai Casino Hotel alone is estimated to increase the local GDP by about ten points this year. This is mainly because the construction cycle is a bit long and funds need to be injected in batches. Otherwise, the data will be quite scary and there is a chance that it will happen.
100% economic growth rate.
This fully proves that although some places are rich, it does not necessarily mean they are strong, as is the case with many small developed countries in Europe.
It's true that the north is not rich now, but a little support for the gambling city is enough to support it.
In order to avoid holding the house for a long time and hoarding it for real estate speculation, Su Yehao made excuses to the outside world, saying that there was insufficient funds, and planned to extend the entire development plan to about six years, and it would not be completed until around 2010.
So he is not in a hurry for the time being. When the reclamation work is completed, it is estimated that it will take two or three years of "design and planning", and then full-scale construction will begin. The commercial projects will be built first, and then the residential projects will be sold to the outside world.
Just like the Kai Tak Cyberport and many cultural tourism city projects in the mainland.
By then, Su Yehao will hold a massive amount of real estate.
While keeping it for a long time to collect rent, you can cash out part of it for cash and use it to subsidize expenses on the Internet, semiconductors and other gold-eating beast projects, which is equivalent to making steady progress.
Su Yehao feels that the real estate business does not have much technical content, but this business is not only safe but also extremely profitable. It is currently the most powerful cash cow in his hands, and its most important value is that it can be used as a ballast stone.
As long as there are no problems with real estate, the family's pillar industry, other businesses will have the confidence to continue to expand.
Although the Kaomoji Group and Google seem to be very good, once they are suppressed and targeted by the United States, they will soon be finished.
America Online, a company worth hundreds of billions of dollars a few years ago, collapsed without even a splash, and it became history in the blink of an eye.
The combined current size of Kaomoji and Google is not as large as the original AOL.
As long as they are gone, similar products will rise rapidly and seize the market share that belongs to Su Yehao, just like he seizes the market share of AOL and Yahoo.
The wafer foundry and photolithography machine business are also not safe enough.
If some people go out of their way to make a fuss about safety issues, Su Yehao may be directly kicked out. It is also possible to directly steal the immersion lithography machine technology with a small amount of patent fees.
Therefore, Su Yehao's new pursuit of asset allocation is mainly focused on surviving well through the northern market even if it is suppressed one day in the future.
After understanding this first, you can understand why Su Yehao's development of Sihai International and investment in Yangtze Power Generation Group are not enough. In recent days, he has also been thinking about investing in Pengcheng Metro and planning to spend money to enter the mainland automobile market.
The root of the sense of crisis stems from the fact that Su Yehao controls too many high-quality assets.
Occasionally, even he feels that he is a piece of delicious fat, not to mention others. After a few years of development, the risk will increase as his worth rises.
therefore.
Taking out overseas assets as collateral, borrowing from major multinational banks, and arranging money to diversify investments can actually transfer risks.
If the worst happens, the worst possible scenario is to lose part of the money and dump the mortgaged assets to the bank for liquidation, but not everything will be wasted.
Now in the outside world, some people think that Su Yehao's investment methods are too radical, with debts rising steadily and big projects being thrown out one after another, but he always feels that it is not enough. If Hong Kong City, Nanhai Island, Pengcheng and other places agree, he may still be able to
Build a few more similar artificial islands and continue to use them as piggy banks.
In developed countries and regions, most of them are old and American bastards who obey Big Brother and dare not go east when told to go west.
Under such circumstances, how could Su Yehao dare to put his assets away? It seemed that he had no choice but to go to casinos, port cities and the mainland.
Although it was unclear where Su Yehao's sense of crisis came from, after receiving the request, a group of think tanks in the assistant office still thoughtfully helped to formulate many plans to prevent risks.
For example, "Parasite Plan".
It refers to breaking up important overseas assets into parts and diversifying investments in many overseas listed companies with a shareholding ratio of less than 5% and not disclosed to the public.
If the United States dares to confiscate it, it will undoubtedly stir up a hornet's nest and break the rules. At that time, global investors will lose confidence in overseas stock markets and shake the foundation of the global securities trading market.
There is also the "spare tire plan" personally selected by Su Yehao, which attempts to support a group of agents and spend money to purchase semiconductor production technology, including photolithography machines, and invest money to continue research and development.
This ensures that even if there is a problem in the overseas supply chain, production can continue to avoid being completely stuck.
In the future, open and covert struggles between the largest economy and the second largest economy are inevitable. The all-round blockade that Warwick encountered has always alerted Su Yehao.
Since he couldn't be brave enough to find a new father directly, he had to put more thought into it and make some efforts in advance.
Of course it would be great if we don't break our skin when the time comes, but it's a pity that Su Yehao has no say in this kind of thing.
Let the yacht SU·(ω)" approach at this moment.
Su Yehao looked at the prototype of King Crab Island, one of the representatives of the "Piggy Bank Plan", and felt an indescribable sense of satisfaction in his heart.
The miraculous craftsmanship of nature has evolved the island over a long period of time. Now it was created by a ship spraying the sand from the bottom of the sea. It would make the legendary Jingwei angry to death. If Yu Gong saw the shield machine, his blood pressure would probably soar.
.
He smiled playfully and said to Father Su:
"Dad, you have a lot of connections in the gambling city. Can you please contact me recently and help me prepare a party? Have you heard about the corporate headquarters tax exemption and inheritance tax exemption plan? I will try to find a way to pass it as soon as possible. Then I will move some companies to
Come here, the casino is a good base camp for our family."
It is indeed suitable as a base camp.
The gambling city has no industry, no finance, and no agriculture.
Even if others want to get stuck but can't find a place to start, it's not necessary to ban others from coming to travel and shop.
In addition, as his own son, his thighs on the casino floor are thick enough, which makes people feel extremely at ease.
The scale of assets in Su Yehao's hands will most likely exceed one trillion US dollars in the next few years. If he doesn't have a safe and stable place to put his money, he may not even be able to sleep well.
As a member of the Su family, Father Su can understand his son's "paranoia of persecution" very well.
Since his family has tens of billions of dollars in wealth, he, a father, no longer dares to show off and show off in front of his friends like before.
After hearing what Su Yehao said, Father Su replied:
"No problem, but it's best to do this kind of thing quietly in private, otherwise it will cut off other people's financial resources. I'm worried that it will cause trouble. Many friends immigrate to New Zealand in order not to pay inheritance tax. I can't keep this thing.
People cannot receive money, and the unlucky ones are only the wage earners who cannot immigrate. It should have been canceled long ago."
"I think the casino city is quite proactive. It seems that it has long wanted to become a tax depression and attract rich people and multinational companies. Don't worry about the land. It can be rented directly from next door. Anyway, the actual corporate headquarters is small in size and there are several
Ten square kilometers is definitely enough.”
Su Yehao has sent people to negotiate and discuss the tax reform draft before.
Singapore has not completely abolished inheritance tax yet, but it is no longer harmful. Capital gains, dividends or income obtained from overseas, etc., are all tax-free in Singapore, which is very attractive to multinational companies and business managers.
.
In order to compete for multinational companies and high-net-worth individuals, many countries and regions have launched supporting welfare policies in recent years. Given the situation of gambling cities, they are very suitable to get a share of the pie.
Remembering something, Su Yehao smiled and added:
"By the way, my people have been chatting with them. The draft has not yet come to fruition, so we have negotiated a fund first. When the city invests in it, my 5S Asset Management will also invest in cooperation. The initial scale will be almost as big as
Five billion Hong Kong dollars. It seems that I saved a little money by selling land and gambling licenses. I remember that in 2000, I was still very poor, and the total fiscal surplus of the entire gambling city was less than 200 million Hong Kong dollars."
"Of course, the casino city has changed a lot in the past few years. I finally have the money to repair the infrastructure. I chose to cooperate with you because I probably want to make some money in the form of a sovereign wealth fund. Son, don't let them fool you.
.”
After Father Su finished speaking, he couldn't help laughing and added:
"If we were not too poor, the King Crab Island plan would not be so easy to pass. The official shares hold 10%, and our family's total investment is nearly 5 billion U.S. dollars, which is equivalent to making them 500 million U.S. dollars in one fell swoop. Now you are talking more than
I'm useful. As long as you promise to pay a certain amount of tax, the tax reform draft shouldn't be too troublesome..."