"Okay, let's continue talking..."

"Oh~~English~~"

"Are you still listening!!!"

…

Sister Lou got mad, what happened to her boss? She got mad, and her boss is his little brother.

Of course she is learning English, because the official language of Hong Kong City is English. It is easier to learn English than Hong Kong dialect.

Seeing Li Xuewu's surrender, Sister Lou glared at him and continued talking.

In fact, it is very simple. It is a way for Hong Kong cities to exert their regulatory functions and alleviate social pressure due to the needs of development and the situation of more and more poor people at the bottom being homeless.

The formation of the public housing policy in Hong Kong City is naturally a good policy for the people at the bottom, but everything has two sides.

Since the Hong Kong government has relaxed rental controls, it has become easier to demolish old buildings and rebuild them, and the investment qualifications have been lowered, which has led to a carnival of investment in the real estate industry.

Let's put it this way, you sell barbecue at the entrance of your community and it's very profitable. When Zhang San came, he looked at your cart and stove and thought that he had a lot of skills. He could borrow some money from the bank to do it.

Zhang San has done it, and Zhang San has also made money. Li Si, Wang Wu, and Tuesday Mazi have also grown their hands. Do you think they have all done this, can everyone still make money?

No one can make any money anymore, can they still pay back the money they borrowed from the bank?

What will happen in the end?

The bank took over a bunch of barbecue stoves, which were in excess of the market and of varying quality.

It seems very simple, but in fact, the economy of the port city at that time was not very complicated, and the principles of finance were not very profound academics, at least simpler than medicine.

The main force in Hong Kong real estate investment is commercial banks, and others include various private capitals.

The competition among banks in Hong Kong is also very fierce. Anyone with a little capital can open a bank, open a bank, collect savings at high interest rates, and seize the deposit market.

Here I have to say that the Chinese Merchant Bank at this time was rich, timid, brave and fierce, and the best at fighting in groups.

If it couldn't defeat the British bank, it would become insolvent. In order to improve its profits and competitiveness, Chinese Commercial Bank boldly took the plunge and invested a large amount of deposits in the high-risk real estate industry.

The influx of capital will inevitably bring about bad debts. Since they are small in size, what will happen if the liquidity of the bank decreases?

The relatively large Chinese commercial bank that was first hit was Liu's Bank. At that time, its real estate loans accounted for more than 70% of total deposits.

As mentioned before, in this era of underdeveloped information, savers are easily influenced by rumors.

The newspaper industry in Hong Kong City at this time is a quagmire, and there is no need to take responsibility for what you say.

Liu's Bank had an unstable foundation and aggressive business strategies. It was attacked by rumors in 1961, and the crisis of trust directly caused its collapse.

The key is that the supervision of the financial industry in Hong Kong City at this time was blank, and there was no necessary prevention and supervision means, which in turn allowed these banks to engage in risky behavior.

It is different from current real estate development. At that time, one building was bought, rebuilt, and then the whole building was sold, not single rooms.

An old building may cost more than 10 to 200,000 yuan. If you borrow a little more from the bank or use other channels to rebuild the whole building, you can sell it.

The cycle is long, buyers are limited, the market is not fully developed, and various crises are inevitable.

The business that a bank can do can also be done by a three-wheeler. There are no operating barriers, so it's just a piece of cake.

The over-investment by real estate developers directly triggered a crisis in the real estate industry and banking industry.

People in Hong Kong today have the impression that the entire city is demolishing buildings, and the demolition goes too far. There is money when they are demolishing, but there is no money when they are building. Then the capital chain breaks and the property market collapses.

The collapse of the property market naturally caused the capital sinking of commercial banks. Coupled with the social environment at this time, information was extremely underdeveloped. Rumors can destroy a bank, and a run is very simple.

The most aggrieved one was Hengsheng Bank. Faced with the joint efforts of Morgan and HSBC to strangle it, it was eventually annexed and became an HSBC-affiliated bank. Several major shareholders signed in tears.

Last year, Hong Kong's banking industry tightened real estate lending, leading to the collapse of a large number of real estate developers. More than 800 properties became unfinished buildings, and land prices, property prices, and rents plummeted.

It should be noted here that it is not that the prices of these things have been reduced, so people have more places to live, nor is the living conditions reduced, but that many people have no place to live.

Buildings were demolished, no one built them, banks were closed, the internal economic structure collapsed, and all industries were affected.

It’s the same reason farmers dumped milk into rivers during the country’s financial crisis.

Under the nest, there are still eggs.

After listening to Sister Lou's comprehensive account of the crisis and situation that Hong Kong City was facing, Li Xuewu asked: "What's the answer?"

"What answer?"

Sister Lou put down the document in her hand, folded her arms in front of her chest, followed Li Xuewu's example and sat back on the chair and said: "You gave me a naming question, don't you know the answer?"

Li Xuewu pursed his lips and asked nonchalantly: "Do they have any objections?"

"No, it's me"

Sister Lou shook her head, looked at Li Xuewu and said, "My father and others agree with your risky approach, but I don't know how to say it."

After speaking, he sat up straight again, looked at the document in front of him and said: "The crisis has occurred, the market has collapsed, and you still said that you want to buy banks and real estate."

Sister Lou raised her head and looked at Li Xuewu in confusion and asked, "What do you mean by talking about commercial real estate?"

Li Xuewu nodded and agreed with Sister Lou's question. This was the key to the naming question he gave to the think tank upstairs.

"Crisis means opportunity, this is not an empty saying"

Li Xuewu first nodded to Sister Lou, and then continued: "You also know the purpose of acquiring a bank instead of building a bank yourself, but acquiring a bank is definitely not your mission goal in Hong Kong City!"

Sister Lou raised her head slightly and looked at Li Xuewu, waiting for him to explain the difference to her.

Of course she knew what she wanted to do in the past, and her father and others were detailing what she wanted to do to how she could do it.

Li Xuewu narrowed his eyes slightly and said: "Ten tons of gold cannot make a big splash in the port city, but adding a long enough lever may shake up the entire financial industry in the port city."

"Do you know how much ten tons of gold cost in US dollars?"

"I know, numbers are easy to remember"

Sister Lou looked at Li Xuewu and although she didn't know the meaning of the question he asked, she still answered: "12.345.865 knives."

Li Xuewu nodded and asked: "How many Hong Kong dollars is that?"

"More than eight hundred million"

Sister Lou cooperated and gave the correct answer. This was her capital to go to Hong Kong City, so she naturally understood it.

"More than 800 million is either too much or not too much."

Li Xuewu explained: "The monthly salary of an office worker in Hong Kong City is about 200 yuan, so 800 million Hong Kong dollars is really a lot."

This chapter is not over yet, please click on the next page to continue reading! The richest man has only tens of millions of assets. Sister Lou is going to bring ten tons of gold. As long as she lands, she will definitely be the richest man.

"However, this number is the theoretical principal"

Li Xuewu pinched his fingers and said: "To acquire a bank is not only to accept its overall structure and mature management model, but also to accept its own debts and bad debts."

"I know this"

Sister Lou frowned slightly and said: "There are many choices now, and Hong Kong City is already helping to select suitable candidates."

"Don't believe them all"

Li Xuewu shook his head slightly and said: "No one deserves to be trusted wholeheartedly. Money will make people lose their minds."

As he spoke, he took the documents in Sister Lou's hand, looked through them, and said, "If you go to acquire a bank now, you will face three risks."

"One is the source of funds, the other is credibility, and the last is asset revitalization."

Li Xuewu folded his legs and sat on the chair and said seriously: "I am not an expert. I am just giving you the general direction by sitting here."

"Mr. Lou will go over first and will meet up with the people I arranged there to use their influence and endorsement to complete the establishment of the most primitive capital system."

"When you go there, you will use the investment company that has been prepared to complete the bank merger and acquisition, which is what the market calls She Tunxiang."

"When the bank is acquired, the market here can also be connected to the other side through Ng Fung Hong. This is the first business for the bank and the first step to revitalize assets."

"The second step is to acquire a real estate company and fully own it to develop old buildings on the bank's books and clean up these bad debts."

Li Xuewu took a sip of tea and continued: "At this time, both banks and real estate companies will have trust and influence because of these big actions, and there will be depositors in the bank to save money."

"With depositors, there is leverage. The development and sales of real estate need to change the existing model. The entire building cannot be sold, let alone sold individually."

Li Xuewu looked at Sister Lou and asked, "Have Mr. Lou and the others made this part of the plan?"

“Still doing it”

Sister Lou pursed her lips, pointed to the document in Li Xuewu's hand and said, "The first thing has just been finalized~"

"Then just say it"

Li Xuewu raised his eyebrows and said: "If the house is sold as a whole, Hong Kong people will naturally not be able to afford it, but they can sell it in units. If they still can't afford it after selling it in units, banks can provide installment loans."

Having said this, Li Xuewu knocked on the table in front of Sister Lou and said: "With your own bank, your own real estate company, and your own real estate, you don't have to wait until it's built before you start selling it. You can start selling it when the design drawings come out."

".

"How is this possible!"

Sister Lou frowned and said: "The house hasn't been built yet, who will buy it?"

"Of course someone will buy it"

Li Xuewu said with certainty: "If you can't afford a building, how can you afford a unit? If you can't afford a unit, the down payment is 30%. This risk is completely worth the temptation of buying by unit."
To be continued...