A week before the Spring Festival, Zhong Liyu returned from Hong Kong.
Today's Hong Kong is still shrouded in the despotic power of the Queen of England. It must be called Royal Hong Kong or something like that, even in police movies.
However, as the date of Hong Kong's return gradually approaches, the mentality of Hong Kong people is also changing.
Due to the uncertainty about future prospects, the mentality of Hong Kong people is also relatively complicated.
For the super-rich people in Hong Kong, differentiation has also occurred at this time. Some rich people with less than clean foundation naturally choose to immigrate to countries such as Canada, where the living conditions are good and the immigration threshold is relatively low, and Chinese immigrants
A small circle has been formed, and the living habits are not greatly affected.
The other group of wealthy people who have no major problems and have frequent contacts with mainland officials have chosen the route of low-key tolerance and secret development, such as the Li family, Huo family, Dong family, etc. in Hong Kong.
These large families have benefited from their close ties with the mainland and have developed rapidly in recent years. Naturally, they will not leave.
Some small families caught in the middle are even more miserable. They are waiting to see how the limelight is coming, and they are hard to choose for a while. They are reluctant to part with the family business they have accumulated in Hong Kong over the years, and they are also worried that after Hong Kong's return, they will encounter political strife.
The main purpose of Zhong Liyu's trip to Hong Kong this time was to conduct research on the real estate market in Hong Kong to see if she could find suitable investment opportunities.
Ye Kai picked her up at the Shuimu Hotel. This is a newly opened five-star hotel with very good conditions in all aspects. It is said that the boss is a Singaporean, but the specific background is not very clear.
Of course, this is because Ye Kai has no interest in this. If he really wants to find out, there will naturally be many people rushing to help him with this matter.
The two of them didn't book a private room, they just ate directly in the hall and chose a table by the window.
"Hong Kong's real estate market still has a lot of potential." Zhong Liyu looked good. After the Zhongli family matter was successfully resolved, the pressure on her disappeared and she immediately returned to her true self as a doctoral student majoring in economics. "The real estate industry has a great impact on Hong Kong."
The macroeconomics of Hong Kong far exceed the role of an investment market. Because the cornerstone of Hong Kong's economy is free trade, the import and export of goods are subject to zero tariffs, so the development of the real estate market objectively establishes an agency system for the Hong Kong government.
Land is the Hong Kong government’s primary income.”
Ye Kai smiled and nodded, poured a glass of red wine for Zhong Liyu himself, and listened carefully to her words.
Hong Kong's real estate industry shows an obvious cyclical boom and bust cycle. The first cycle is from 1946 to 1959. Hong Kong's population was 600,000 in 1946, increased to 1.86 million in 1949, and exceeded 3 million in 1959. The population increased dramatically.
The demand for housing increased sharply. Driven by the policies of the Hong Kong government and driven by interests, a large amount of capital poured in in the 1950s, and a real estate construction boom occurred in Hong Kong. By 1958, the real estate market began to oversupply, and house prices and land prices fell by 70%.
The second cycle was from 1959 to 1969. Starting from 1959, Hong Kong's economy turned around. With the increase of foreigners coming to Hong Kong and the increase of international business institutions, the demand for commercial buildings and residential buildings increased, which stimulated the real estate industry to rebound rapidly. Due to the bank's demand for
Excessive lending and other factors in the real estate industry. In the spring of 1965, a bank credit crisis broke out in Hong Kong. Then real estate prices plummeted and many real estate companies closed down. The Hong Kong real estate industry fell into the first major post-war crisis, which lasted until 1969.
Somewhat improved.
The third cycle was from 1969 to 1975. Hong Kong's real estate market gradually recovered in 1969. The Hong Kong government formulated a "Ten-Year Housing Plan" in 1972, which quickly restored investor confidence. However, the oil crisis in 1974 led to
The Hong Kong stock market plummeted, which also led to a comprehensive adjustment in the real estate industry. Hong Kong land prices fell by 40% and property prices fell by 30-40%.
The fourth cycle is from 1976 to 1985. Starting from the end of 1975, the real estate market rebounded again. The Hong Kong government started a subway construction plan in 1976, which increased the value of urban land; in 1978, it also implemented the "Home Ownership Scheme" (
The low-cost housing project) solved the housing problem of 2.225 million ordinary citizens. In 1977, Hong Kong's population exceeded 4.5 million and reached 5 million in 1979. The increase in demand has caused the supply of buildings to exceed demand, and emerging towns (Tuen Mun, Shatin, Kwai Chung, etc.)
) gradually formed.
Following the rapid development in the late 1970s, Hong Kong's real estate market reached its climax in 1981. However, the subsequent global economic crisis and the Sino-British negotiations on the Hong Kong issue caused a crisis of confidence among Hong Kong people. By the end of 1982, Hong Kong property prices fell 60% from 1981.
, the real estate market collapsed completely in 1983. It was not until the signing of the "Sino-British Joint Declaration" in September 1984 that the market recovered again.
The fifth cycle is from the end of 1985 to the present. In the 1980s, Hong Kong's real estate industry further developed on the basis of the 1970s. In 1990, housing prices in Hong Kong Island more than doubled compared with 1981.
After Zhong Liyu gave a detailed report to Ye Kai on the history and current situation of the Hong Kong real estate market, she expressed her views, "Although the Hong Kong real estate market has been on a steady upward trend, I think the future growth prospects are still worth looking forward to.
, if we enter the market at this time, I believe it will bring us more than double the return within a few years."
Ye Kai nodded after hearing this, agreeing with Zhong Liyu's point of view.
In fact, in Ye Kai's memory, Hong Kong's property prices increased by about four times from 1991 to 1997. It was not until the Hong Kong real estate bubble burst in 1997 that property prices continued to fall, falling by about 70%.
"Our current capital totals US$720 million." Ye Kai patted his forehead, "If we stay in the Hong Kong property market for three years, we can probably make a 200% profit, which is US$2.1 billion.
U.S. dollars, this investment risk is the smallest, but the return is relatively gratifying. You can do this, well, leave 20 million U.S. dollars for emergencies, and invest the rest!"
"700 million US dollars, all invested?!" Zhong Liyu was shocked after hearing Ye Kai's words.
Although she thinks the Hong Kong property market is bullish, she is not as bold as Ye Kai. This is US$700 million!
If something went wrong, Zhong Liyu really couldn't imagine the consequences.
"Put it all in and speculate on the land!" Ye Kai said to Zhong Liyu with great certainty.