Huo Tianting and Liu Lang talked a lot, mostly about how to get this huge sum of money back to Hong Kong Island and how to use it. It's more than one billion US dollars! If you put it there, it will cause huge waves. Even if you put it in the bank to earn interest,
That's tens of millions of dollars a year.
Of course, rich people don’t keep their money in the bank. They want to make the best use of it. People are like this. When they only have 10,000 yuan, they always think about how to make 100,000 yuan. After making 100,000 yuan, they will think about it.
How to make millions of dollars is human nature. When ordinary people look at billionaires, they always think that these people already have hundreds of millions of wealth, so why do they still have to work so hard? This is the difference between the heights of the two sides and the way they think.
The difference is that the Huo family, for example, is now thinking about how to make full use of this huge sum of money.
The Huo family started out in real estate. The first thing they thought of was to invest the money in the real estate industry. However, after calculation, they found that one billion US dollars was too much. This was more wealth than the total wealth they had worked for for thirty years. If they had all
When it comes to real estate, I am afraid that the follow-up work will be too busy. Moreover, the economic crisis in the island country has vaguely affected the trend in Asia, and Hong Kong Island real estate has also fallen in response.
Hong Kong Island real estate has some fluctuations, but not too much. However, many experts predict that in the next one or two years, as the impact of the island country's economic crisis continues to expand, Hong Kong Island real estate will also fall into a downturn, which is not a good opportunity for investment.
But these experts are wrong again. In fact, since the end of 1990, housing prices in Hong Kong Island have soared like a rocket, and there is no way to stop it. The reason is very simple. The island country was ruined by American speculators.
Where to speculate? Of course, it is the surrounding countries and regions. In addition, the real estate developers who have suffered heavy losses in the island countries will not wait for death. They urgently need to open up another battlefield and try to make some money back, so these guys set their sights on Hong Kong.
island.
Starting from the 1990s, a large number of international speculators began to frantically speculate on Hong Kong real estate. Property prices and land prices soared, seriously out of reach of residents' purchasing power. From 1991 to 1997, house prices increased by about four times. If the Hong Kong Island real estate market in the 1980s
Counting from recovery to 1997
Housing prices have increased nearly ten times. As a result, the Asian financial crisis in 1997 and the bursting of the real estate bubble in Hong Kong Island caused property prices to fall all the way. By 2003, they fell by about 70%, which brought serious negative consequences to the Hong Kong Island economy.
It was not until the end of 2003 that there were slowly signs of recovery.
So normally speaking, now is a good time to invest in real estate in Hong Kong Island. However, although Liu Lang knows the future real estate situation, he will not invest in any real estate.
The Huo family started out in real estate. Of course they still have to do something. They can't delay buying houses and land, but they can't spend more than a billion dollars on it. The Huo family now has a bigger ambition, which is to set up a bank and invest in it.
The financial industry is what the real rich do.
Hong Kong Island has been a city dominated by the service industry since its opening in 1898. Hong Kong Island is a strategic location and the first choice for mainland China to sail to Southeast Asia. There has been an endless stream of merchants coming and going for hundreds of years. Frequent things
The intersection of Hong Kong and Chinese cultures has formed its own unique cultural temperament, which has also made it a financial center. The area of Hong Kong Island is only a little over 1,000 square kilometers. How big is this? Liu Lang’s hometown, Fucheng, has nearly 10,000 square kilometers.
, close to ten Hong Kong islands.
But in such a small place, there are hundreds of banks. Large banks include Bank of China, ICBC (Asia), Hong Kong Construction, China Merchants Wing Lung, CITIC Bank, and China Minsheng Bank. These are all Chinese-funded banks, and there are more foreign-funded banks, such as HSBC,
Hang Seng Bank, Citibank, Standard Chartered Bank, Star
Bank of China, Dah Sing Bank, Nanyang Bank, OCBC Wing Hang Bank, Bank of East Asia, etc. In addition to these large banks, there are dozens of regional banks in various forms, such as community banks, etc. In short, there are many banks around the world.
There is no shortage of any bank here.
Even though there are so many banks on Hong Kong Island, each bank is still making a lot of money, because this is known as the financial center of Southeast Asia, and no matter how much money there is, it can always swallow it up.
The Huo family just wants to set up a bank. This is the fastest way to digest more than one billion US dollars. What is the size of the registered capital of more than one billion US dollars? It can be said that except for super large banks such as HSBC, Standard Chartered, and Citigroup,
In addition, even Hengfeng Bank does not have such a large amount of registered capital.
If Liu Lang cooperates with the Huo family, the size of this bank will be increased, and it is likely to exceed 2 billion US dollars. A bank of this size is basically a large multinational bank.
Of course, the operation of an enterprise like a bank is also very complicated, but once it is operational, as long as the overall economy of Hong Kong Island is good, there is no possibility of losing money.
When Huo Tianting came up with the idea of setting up a bank, Liu Lang was also a little tempted. This proposal was really good. First of all, it was to solve the problem of one billion US dollars that he was about to get. He didn't know what to do with the money.
Mature ideas.
In addition, you will definitely not lose money by setting up a bank, because the country’s reform and opening up continues to deepen, and money is needed in all aspects. The country’s GDP is now less than 200 billion U.S. dollars, but by 2017 it has exceeded 10 trillion U.S. dollars.
Such an increase will release a large amount of wealth. The financial industry is the biggest beneficiary of reform and opening up. Which enterprise was the most profitable in China in the past life? Bank, bank, bank. None of the five major banks is unprofitable.
Of course, the five major banks are all state-owned and have inherent advantages that cannot be compared with private banks. However, in the context of the country's reform and opening up and the rapid increase in wealth, banks will never lose money unless the management is a bunch of idiots who waste all their money.
Invest in those sunset industries and technologically backward enterprises.
Liu Lang thought for a moment and felt that setting up a bank would be a solution, then nodded.
"Brother Huo, we are rich, so I have no objection, but neither you nor I are engaged in finance. If you want to set up a bank, you must find a group of experts to do it!"
There are specialties in the technical field. Even though Liu Lang is extremely smart, he really has no experience in finance and he has no time to learn.
"Haha, Liu Lang, we don't need to worry about this. We know many friends in the financial industry who are executives of major foreign banks. We just need to pay them high salaries to recruit them."
Seeing that Liu Lang agreed to his idea, Huo Tianting was very happy. The Huo family felt that Liu Lang was a god from heaven who came down to earth. Everything he participated in was not profitable. As long as he was willing to participate in this matter, then this bank
There is a future.
"Okay, Brother Huo, then I'll leave this matter to you. You will be fully responsible for how it works and how it is prepared. I will just pay for it when the time comes.
But I have something to say first. The banks we establish should focus on the mainland. This is not because I am Chinese, but because the development rate of the mainland will be the fastest in the world in the next twenty years. According to my estimates, by 201
In six years, mainland China's GDP will exceed 100,000
billion, China has become the world's second largest economy. By 2030, China's economic aggregate will surpass the United States and become the world's largest. Such a large increase will drive countless industries. As for the financial industry, it is basically
It’s a huge profit, so we must seize this opportunity!”