Bank of China lent money to Qinhuai Bank at market price interest, and Qinhuai Bank then lent money to the male family in the New Territories at high interest rates. The male family used the money to entrust Hua Yun Construction to build a small house.
At the same time, four companies, Qinhuai Industrial, Huarun Company, Lixin Real Estate, and Tongfu Group, provide positions to attract young people from the New Territories to join the company to work. When the monthly salary is paid, the monthly mortgage payment is directly deducted.
During this process, Bank of China converted the long-term mortgage loan into a one-year short-term loan, reducing the repayment risk while hiding itself behind the scenes.
Huarun Construction has made profits from real estate construction and made a lot of money in terms of manpower and building materials.
It seems that the only reputation for loan sharking and profiteers has been taken by Qinhuai Bank. In terms of profits, in the short term, this is a loss-making business. It will take at least eight years to recover the cost. However, considering inflation, I think
It is even more difficult to outpace the depreciation of the Hong Kong dollar.
What Qinhuai Bank does is a thankless job. The village chiefs of the villages in the New Territories know what role it plays and can understand it, but ordinary villagers may not necessarily know it.
Fortunately, there is Qinhuai Education, which is not involved in this closed loop.
This tuition-free private education, like doing public welfare and charity, has brought back some impression points.
In fact, most villagers in the New Territories are grateful to Qinhuai Bank. Because there are so many banks in Hong Kong and the British Hong Kong government, they obviously have the ability to provide this small house building loan, but they do not. Why?
It's very simple. One million New Territories villagers will need about 200,000 small houses. If one house costs HK$50,000, it will cost HK$10 billion.
This amount of money is not a small number.
People who have the ability to spend this money want to make more money and do not want to waste this money on such a thankless task. In other words, the profit rate is not low, but it cannot compare with the speed of currency depreciation, and the profit time is too long.
long project.
Those who cannot afford this amount of money and have not yet reached this level of vision will certainly not think of this matter.
Secondly, Xiangjiang has a lot of people but little land. Now that all the limited land resources are used to build small houses, the remaining land that can be developed will be less. Moreover, these 1 million New Territories people have built small houses to live in. Who can
Will you give up this small house worth 50,000 yuan and buy a commercial house worth millions?
With so many potential buyers out of real estate, why do housing prices keep rising? How do companies make more profits?
Thirdly, Hong Kong is a colony, and the British are not sure that it can continue to operate it. The capitalists in Hong Kong are also uneasy. Instead of having the 10 billion Hong Kong dollars to invest in the United Kingdom, Canada, and Australia, wouldn't it be better?
Do you have to stay in Hong Kong where the future is uncertain?
In short, no one is willing to lend money to villagers in the New Territories to build small houses. Qinhuai Bank is the only one. The bank is not a charity, it needs to make a profit. The monthly payment is 500 yuan. In the era when the minimum wage in Hong Kong is 1,000 yuan, it is really not high. It can be said that
Very conscientious.
Therefore, the image of Qinhuai Bank in the eyes of villagers in the New Territories is not very bad, on the contrary, it is quite good, but it is definitely not as good as Qinhuai Education.
Lin Xiaoguang looked at the few people in the conference room who were silent, thought for a moment, and said: "Logically speaking, although they have property rights in the small house of Guo Ming's family, it is a house built with a loan, and he has only paid it off for a few months.
From this point of view, he is a high-risk user, and this is a long-term loan."
"No bank, no loan officer with a reasonable mind would be able to lend him a loan."
"That's why it's a loan shark?" Liang Jiading looked like you're an idiot.
"Loan sharking is violent collection. He went to Austria to gamble and lost nine out of ten bets. It is obvious that Guo Ming has no ability to repay the money. Since no society knew that he was unable to repay the money, why did it lend him money?" Lin Xiaoguang stared at Liang.
Jiading.
"Dingwu, nonsense."
Lin Xiaoguang smiled, looked at Jiang Shanshan, He Ziqun, and Huo Zhenning, and said with a smile: "If I remember correctly, after the British Hong Kong government introduced the small house policy in 1972, there was also a clause restricting sales and transfers, stipulating that
If indigenous residents who own small houses want to sell or transfer their small houses to non-indigenous residents, they need to apply to the government for land premium and obtain the written consent of the Land Commissioner before proceeding."
"Then the question is, the society is doing well, why do they buy a small house that cannot be sold at a high price and can only be sold for HK$50,000? Although the society can make HK$50,000, who do they sell it to?"
"Villages in the New Territories are building their own small houses one after another. An adult male can only build one house. If there are more houses, the government will not recognize them. Who will sell this house to?"
"It is impossible for the society to ask the house buyers to make monthly payments. They can only pay it off in one lump sum. Wouldn't it be nice to use the money to repair the small house by yourself?"
Liang Jiading was a little impatient: "What exactly do you want to say?"
"What I want to say is that if the association does this kind of thing, firstly, it will not make any profit, and secondly, it will offend our Qinhuai Industrial. In short, it will be thankless. The association has always had smart people, otherwise the association would not survive today, but
This thing is really stupid. If it’s so stupid, why do you still do it?”
Having said that, it is clear that if the association did not have huge benefits, it would never take such a big risk to offend Qinhuai Industrial.
Thinking of the corruption scandal, it is obvious that the mastermind behind this incident is the British.
Lin Xiaoguang shook his head: "I think the matter of letting go of pigeons by the Stock Exchange is not the main factor. The British hold grudges, but in terms of face, they can do better than anyone else. Moreover, the group of people behind the Stock Exchange want to find us.
The trouble is that there are many ways to do it. At present, Qinhuai Industrial’s main business is food, beverages and catering, and banking is only a marginal business. If he wants to cause trouble, why should he look for sidelines? "
"So?" He Ziqun put his chin on his hands and looked at it leisurely.
“So I think it’s not the British people at the Stock Exchange who laid out the chess piece of the society all the way, but other British people.”
The only person sitting here was a stupid man named Liang Jiading. The Huo family had suffered greatly from the British. Huo Zhenning was the first to come to his senses and stared at him: "Others, you mean, this is the Lands Department of the Hong Kong Government?"
The small house plan is a conspiracy, an upright conspiracy. The New Territories are so big. There are five major companies, Qinhuai Industrial, Huarun Company, Lixin Real Estate, Tongfu Group, and Tiannan Real Estate. The British are not blind and cannot fail to see it. The Hong Kong Government
I've been watching it for a long time.
However, it is difficult for the government to intervene in commercial matters such as the game between great powers.
Not only can't he come forward, but he must also try to avoid suspicion. For example, if he really wants to end Qin Huai's small house plan, it is very simple. There is no need to target Hua Run. The Hong Kong Lands Department will not give approval and the New Territories men will not be allowed to order the construction.
But the Lands Department is an official agency.
At the current Sino-British talks, any official policy directed at the other party will be over-interpreted. Therefore, the Lands Department really can't stop it and can only watch the beautiful small houses and schools being repaired.
But are they just small houses and schools? That is the public sentiment of the 1 million villagers in the New Territories.
There is no way to stop it officially, only private means can be used.
"This possibility is very high. As the saying goes, you must not have the intention to harm others, and you must have the intention to guard against others. It is necessary to treat the British with the most malicious thoughts. After all, the Great Yin Empire has been around for hundreds of years.
That’s what I came here to do.”
Hearing this, Jiang Shanshan looked at him solemnly and said, "If it is as you said, the mastermind behind this is the Hong Kong government, what should we do?"