Li Guangyu has never thought about immigrating. Since he is a native of Xiangjiang and lives in Xiangjiang, he does not want the future citizens of Xiangjiang to be full of despair about the development of Xiangjiang, and he does not want Xiangjiang to experience some chaos in the future due to the poor economic development situation.
He knew very well that at a time when real estate was the main business of all major families in Hong Kong, what he said would offend some people. But he didn't care too much about it. At present, Li Ka-shing, Li Shau Kee, Guo Desheng and Zheng Yutong are all
his allies.
Real estate groups like them have also begun to open up markets outside. The market in Xiangjiang is not as important to them as before. No matter how you develop Xiangjiang, its population and area are a major flaw, compared with other regional markets.
, the difference here is still too far.
And whether those who are dissatisfied with Li Guangyu this time can survive this crisis is a question.
High housing prices will only destroy the ideals of the younger generation. When they are numb about the future, there will be no hope for the future of Hong Kong.
Li Guangyu also hopes that the major families in Xiangjiang can develop in finance, trade and service industries, so that the three major industries can support the future development of Xiangjiang.
Housing prices in Xiangjiang will definitely rise in the future. This is inevitable. Li Guangyu only hopes that the major families in Xiangjiang will not put too much of the profits of real estate groups in Xiangjiang. Other regions can also develop their own real estate groups.
Although Li Guangyu's idea is good, it is a pity that it is difficult to realize. Not everyone has the courage to go out, especially in the real estate industry. If there is no local connection in this area, it will be difficult to develop.
Just like Li Ka-shing, Lee Shau-kee and others, if Li Guangyu had not already had a good relationship there, how could they be willing to reduce their investment in Hong Kong and move to this market?
After Li Guangyu spoke, Shen Bi spoke on behalf of the financial community in Hong Kong.
Shen Bi said: "Xiangjiang's current industry is too single, making our ability to resist risks very weak, which is not conducive to the stability of Xiangjiang's economy."
"Take our HSBC loan business as an example. From 2007 to June this year, the proportion of our bank loan funds flowing into the real estate industry has increased year by year. Last year, this proportion was the most terrifying. Last year we did statistics
, the funds flowing into real estate account for 5% of our loan funds, which is enough to show some of our current situation in Xiangjiang."
"I know very well that some banks are having a hard time with this property market crash. At this time, I hope that all banks can remain cautious to avoid turmoil in Hong Kong's financial industry." My wife is a snake.
"I quite agree with some of Li Sheng's views just now. As the third largest financial center in the world, Xiangjiang can tap its potential in this area. I also hope that the government can give us more supportive policies so that we can develop successfully in the financial field.
Greater energy.”
Shen Bi does not care about the trade and service industries mentioned by Li Guangyu. He hopes that the government will give more support to the development of finance. HSBC is also mainly engaged in the financial industry. This benefit will be of great help to HSBC.
Shen Bi is very clear that this property market crash is just the beginning, and the banking industry will be an even bigger storm next. As long as a fuse is lit, I don't know how many banks will collapse in this round.
He himself, HSBC, has a lot of bad debts. Fortunately, HSBC is a big business and can still withstand it. The middle and lower banks in Hong Kong are in difficulty. As long as a little news comes out and there are runs from the public, these banks can only Will face bankruptcy liquidation.
Now if we want to say who can save these banks, it is only the Li Group. They have made tens of billions of Hong Kong dollars in profits from the stock market this time. With their profits this year, they will be able to have cash on hand even if they don’t have 50 billion Hong Kong dollars. 40 billion.
As long as Li Guangyu wants to save them, there is no possibility of banks like these in Xiangjiang going bankrupt.
However, Shen Bi knew very well that it would be great if Li Guangyu didn't add insult to injury this time. It would be a dream to have the Li family consortium come out and pull everyone ashore.
Just like the real estate market in front of us, as long as the Li Group is willing to support the bottom line, it will definitely not drop so fast, nor will it drop so badly.
The Li Group and its interest groups began to sell and sell continuously at the beginning of the year. In Xiangjiang, the scale of investment has continued to decrease in the past two years.
Last year's claim that it would invest 6.5 billion Hong Kong dollars to build a new group building was just a slogan. At present, it has not even purchased any land. How can such an approach give the middle class confidence?
Shen Bi didn't know what the Li Group and its interest groups were planning, but he kept shouting slogans, optimistic about the future development of Xiangjiang, and the group would increase investment in Xiangjiang.
However, the approach is quite inconsistent. The Li Group is constantly exploring markets in Southeast Asia and Baodao, and his allies have also been exploring this market in the past two years.
The market in Xiangjiang seems to have been forgotten by them. In the past two years, these groups have not taken any land at land auctions.
Now they can sit back and watch the situation. The collapse of the property market has made them a lot of profits in the stock market, but their own banks are facing crises. Shen Bi thinks about this and becomes unhappy for a while. Preference
He knows very well that the Lee Group and its interest groups have never given up on the right to issue Hong Kong dollar notes. Once there is financial turmoil in Hong Kong this time and several major banks in Hong Kong need to step forward to stabilize the situation, the Lee Group will definitely issue rights for Hong Kong dollars. The issue of currency rights is discussed again.
If the financial situation becomes less optimistic at that time, the Hong Kong Monetary Authority and the British government are likely to use this condition in exchange for the Li Group to help the government stabilize the financial situation in Xiangjiang.
What makes Shen Bi even more uncomfortable is the internal problems of HSBC. In recent years, with the rise of Tianyu Bank, a subsidiary of the Li Group, HSBC has continued to lose the business of Chinese families. The bank's profitability has gradually declined in recent years. Shareholders are already somewhat dissatisfied with him.
Once there is a turmoil in Xiangjiang Financial this time and HSBC suffers relatively large losses, he is likely to end his decades-long tenure at HSBC.
This is why he supports Li Guangyu's proposal to focus on developing the financial industry in Hong Kong. Only by making this market bigger can HSBC achieve greater development and solve the current crisis it is facing.
After Shen Bi spoke, Pao Yugang, Li Ka-shing and Henry Keswick also made speeches one after another.
Regardless of whether Pao Yugang or Li Ka-shing, both have trading companies under their subsidiaries. Their focus is on trade and they talk about Xiangjiang's various advantages in this area.
As for real estate, neither of these two big guys mentioned that their main business is the real estate group. Unlike Li Guangyu, they can still develop rapidly even if they do not develop the Xiangjiang market. Their focus is still here.
Although they will develop other markets in the future, they will not give up on the Xiangjiang market. Of course, they will never be the first to take the lead. They will only follow the trend when housing prices rise in the future, not only in Xiangjiang but also in other regions. They will definitely not
I will be the first to raise prices to avoid being stigmatized.
Henry Keswick is really worried now. During this period, he has been raising money everywhere again. He must plug the hole in the Jardine Real Estate Group, otherwise there will be a thunderstorm.
At the meeting, he talked about the contribution of the real estate industry to Hong Kong's economy and hoped that the government could adopt some policies to maintain the plummeting housing prices caused by political factors.