Chapter 29 An investment with a return of 20 times
When Cao Yue had dinner, she felt happy and drank two glasses of wine. Now she started to drink. She wanted to talk to her brother, but Cao Yong persuaded her to leave and went back to her room to sleep. Sun Weihong took the sleepy Sun Yuanyuan with her.
She went back together, and Sun Weihong had to take care of them at night. When Sun Yuanyuan went home, she slept in Sun Weihong and Cao Yue's room.
Sun Weiguo wanted to leave and ask Cao Yong to take a rest early, but he was kept by Cao Yong and talked about the loan.
"Aunt Xiuping, Brother Wei Guo, and sister-in-law, with the money that Uncle Sun lent me during his lifetime, my uncle's printing factory survived the difficulties and has now developed. Before I came here, my uncle used the money that Uncle Sun lent me during his lifetime.
According to the situation, I have put forward several suggestions on how to repay the money. I will paraphrase them and you can see which one is suitable. If you think none of them are good, we can discuss it again."
Jiang Xiuping said: "I am already this old, do I still care about this? You can discuss it with your brother. He is the one who makes the decision in the family now. But, Xiaoyong, you don't have to pay too much attention to that money. When your uncle Sun gives it to you, it will be
It's life-saving money for your family. We didn't even think that you could pay it back. I'm going back to the house first, and you guys can talk." After that, they went back to the house. Li Cuifeng also laughed with Cao Yong and said, there is someone in charge of this matter, woman
He didn't care. After saying that, he left. Only Sun Weiguo, Cao Yong and Sun Dahai were left in the dining hall.
"What my mother said just now is what I meant. Xiaoyong, you wrote before and said you wanted to pay back the money. I always said there was no rush. I was just afraid that your factory would be unable to operate in order to pay back the money."
Sun Weiguo didn't care much about the money.
"Actually, when I arrived in Xiangjiang, my grandfather and uncle took out the money and bought Mr. Wang's shares. They were still quite wealthy. They bought some equipment and improved the production level of the factory. The factory later developed
It is getting better and better, and it is well-known in Xiangjiang. My uncle also said at that time that if the development continued like that, the money would be repaid within five years. Who knew that a few years later, the mainland would be in chaos, and various movements would continue
, we were in Xiangjiang and couldn’t figure out the situation on the mainland. At that time, the mainland and Xiangjiang also cut off the exchanges. The money remained in the factory’s account. In 1968 and 1969, when the real estate market was in a downturn, there were new shops and real estate projects.
When the price opened, my uncle discussed with me and planned to use the money to invest in the property market."
Sun Dahai, who was watching, suddenly became interested: "Did you invest? Where are those houses? Have you already sold them or are you keeping them?"
Although Sun Weiguo was engaged in construction, he did not understand market-oriented real estate operations, so he listened quietly.
"I still have it in my hand. It was very cheap at that time, with an average of only six to seven hundred Hong Kong dollars per square meter. Now it is almost tens of thousands. It has increased more than ten times. When my uncle bought it, he was afraid of losing money, so he bought everything
Small apartments of 30 to 50 square meters, it turns out that this type of apartment is the fastest growing and the best to sell. Over the years, my uncle has rented out these houses and made a lot of money every year from the rent alone.
"
Cao Yong took a sip of water and continued.
"In the past two years, we have learned that the mainland has returned to normal, and we have been asking about it. It was not until last year that a friend I met successfully traveled to and from the mainland, and you also sent a letter saying that the national policy had changed and that I could come back safely.
I started making preparations to return home. At the end of last year, my uncle hired an accounting firm to do an asset appraisal on the factory and the dozens of shops and residences he had invested in. Now these assets are worth HKD 50 million, which is HKD 800 in US dollars.
Around 10,000. According to what my grandpa and uncle discussed back then, your family’s money is life-saving money for the factory. If the factory makes a profit, it cannot be counted as a loan but as an investment. Now I have estimated it.
, that money accounts for half of the total assets, that is to say, if you want to cash out all of it now, my uncle should return 4 million US dollars to your family."
"Wow, I got rich!" Sun Dahai only knew that Uncle Xiaoyong returned a large amount of money to the family in his previous life. From then on, the family became rich, but he didn't know that there would be so much money.
"What? So much?" Sun Weiguo, on the other hand, never expected that it would be so much money. "Didn't my dad just give you one hundred thousand dollars at that time?"
"The deposit certificate showed US$100,000, but there were still more than fifty years of interest. When my grandfather withdrew it from the bank, it was already US$340,000. If you really think about it, this amount of money accounted for a large amount of stocks at that time. However, in recent years, my uncle
He is also working hard to make the money continue to appreciate. He should also get some additional shares, so I think it is more reasonable for this money to eventually account for 50% of the shares."
"This... this is too much." Sun Weiguo muttered.
He was completely dizzy. At work, Sun Weiguo handled and approved hundreds of thousands, millions, or even tens of millions of dollars, but he never thought that his own family could have millions in US dollars. Sun Weiguo was stunned.
Straight, there is no focus anymore.
"Good-for-nothing dad. He has never seen any money!" Sun Dahai despised the confused Sun Weiguo in his heart, and decided to go out and arrange the money himself.
"Uncle Xiaoyong, don't worry about my dad, just go on."
"It's like this, because the property market in Xiangjiang is very hot now. My uncle suggested that it is best not to invest in real estate and hold it for a long time. In this way, you can retain 37.5% of the shares and US$1 million in cash. Another option is to reduce it appropriately.
Buy some real estate and get more cash, maybe 25% of the shares and $2 million in cash."
"Anything is fine, Xiaoyong, you tell your uncle, he can do whatever is convenient for him." Sun Weiguo, who came back to his senses, began to talk wildly.
"Wait, let me think about it." Sun Dahai quickly interrupted Sun Weiguo. He knew that Uncle Zheng Ziwei had good intentions. However, as a reborn person, Sun Dahai knew the real estate trends in Xiangjiang in recent years.
"Uncle Xiaoyong, the two options you just mentioned that my uncle suggested were both choices you made first because you thought the property market would continue to rise. Right?"
"Yes, in the past month, house prices have increased by more than 100 Hong Kong dollars per square meter. Now several of my colleagues are preparing to take loans and invest in the property market."
"Uncle Xiaoyong, I recently recognized a grandfather. He was the old commander of my grandfather and Grandpa Cao's army. Everyone in our family has met him. He is now the deputy minister of the Ministry of Agriculture. He often goes to Da Nei for meetings and talks with
The chiefs talk. He can know a lot of things that we don’t know, right?"
Cao Yong nodded in agreement. The deputy minister was already a senior official of the country, and Cao Yong couldn't help but be in awe.
In fact, this is Sun Dahai bragging. The Organization Department of the Central Committee of the Communist Party of China will announce Mr. Huang’s appointment to the Ministry of Agriculture the day after tomorrow, that is, on Friday. Mr. Huang now only enjoys the treatment of deputy ministerial level. However, don’t take it for granted.
If Guo Xia brags more powerfully, how can he calm others down and make them accept Sun Dahai's guidance?
Sun Dahai looked around and said in a low voice, pretending to be mysterious: "I heard him talking on the phone with other leaders saying that at the end of today or early next year, the central government will start negotiations with Britten on the future ownership of Xiangjiang. The central government will start negotiations with Britten on the future ownership of Xiangjiang.
He is determined to take back Xiangjiang after the expiration of the 97-year lease, and he will not hesitate to fight for it. Grandpa Huang said on the phone that this kind of negotiation is likely to last a year or several years. During the negotiation, under the influence of people with ulterior motives,
Under the misleading propaganda, people in Xiangjiang are likely to be unstable. Investments in the stock market and property market will be sold off and withdrawn, daily necessities including agricultural and sideline products will be snapped up, prices will rise, etc. The Ministry of Agriculture and other departments must be prepared and reserve supplies.
, are ready to take action at any time to stabilize prices in Xiangjiang and protect the negotiation work."
Cao Yong thought for a moment, looked at each other and Sun Weiguo, and both nodded slowly.