Chapter 2719 Hong Kong in Recession

In the morning, after breakfast, Xiao Qi was also watching such Hong Kong news.

There is no doubt that people everywhere are very tolerant of their children.

Why are Hong Kong celebrities treated better than ordinary people? This question is not uncommon, but it is not the mainstream of Hong Kong people at all.

The mainstream is that everyone envies the stars, but they are not too jealous. They just think that they have a chance to buy the shares of Fairy Guardian.

This feeling is the same as that of the whole people participating in a happy party.

In addition to this news, Xiao Qi saw a piece of news after he saw it, but it was about office real estate in Hong Kong. Because of the economic crisis, it suffered a large slowdown, and even many office buildings that had been rented out were also sold out one after another. The contract was withdrawn and many vacancies appeared.

House rents in Hong Kong have always been among the best in the world.

Whether it is the rent of office buildings or commercial shops, only Oxford Street in London, Champs Elysees in Paris, Ginza in Tokyo, and Fifth Avenue in New York can be compared with the bustling areas of Hong Kong.

Even in less prosperous places, the rent of houses in Hong Kong is so expensive that it can be compared with the prosperous areas in Beijing, Shanghai, Guangzhou and Shenzhen.

The problem is that the population of Hong Kong is so large, and the average income is not higher than that of London, Paris, Tokyo, New York and other places, so such an economic model is undoubtedly very deformed.

Only by the presence of tourists from all over the world, and most importantly, tourists from mainland China, can Hong Kong keep their high rents of shops going; Foreign companies with a huge market have settled here, using this as their Asia-Pacific headquarters.

But it's different now.

Mainland China is becoming more and more open, and there is no need for Hong Kong as a springboard at all. Instead, because Hong Kong is very far away from the capital and the East, it often takes a step behind in decision-making.

Coupled with the cost of rent, labor, etc. in Hong Kong, it is completely ridiculously high, so over the years, at least 60% of the world's top 500 companies have moved out of Hong Kong. Either go to the capital or go to Dongfang City, which is also the reason for the decline in the rental of office buildings and shops in Hong Kong.

As for tourists. Fortunately, the past two years have been free. Free travel has been open for so many years. Countless young people who remember their childhood TVB and movies like to come to Hong Kong to take a walk and have a look. Middle-aged and elderly people also want to go to this old place The colonies and the Pearl of the Orient come to have a look, so the tourist business is very strong.

But only Xiao Qi knew about this world, after a few years. Those disgusting people in Hong Kong will come out, and at that time, behaviors targeting mainland tourists will continue to appear.

Although the Hong Kong government refuted the rumor that the number of people traveling to Hong Kong has not decreased much, this is just a fig leaf for itself. The number of people traveling to Hong Kong has dropped by at least 30%, and it has plummeted by 50% during the peak season. Hong Kong's economy is in dire straits.

Well, these are things for later.

For now, Hong Kong's economy is weak. In fact, it is not only because of this financial crisis, but because Hong Kong has completely abandoned manufacturing and innovation industries in the past ten or twenty years. It is only related to the development of the financial, port and real estate industries.

If we do the math again, we will know how unreliable Hong Kong's decision is.

Let's talk about finance first.

finance of any country. It is absolutely the top priority, and it is impossible for others to occupy it—Greece is on the verge of bankruptcy, and they all grit their teeth and refuse to open up the financial system. This is a clear proof.

A negative example is South Korea. During the financial crisis in 1997, South Korea was forced to accept assistance from the International Monetary Fund, thereby opening its financial market to the International Monetary Fund. Since then, South Korea’s banking and financial industry has received international currency The IMF's control did not escape until 2013.

Therefore, in the past few years, South Korean financial scholars have selected it as "the most humiliating and humiliating behavior in the past century". The country whose finance is controlled by the International Monetary Fund ranks second. Second only to being occupied by Japan as a colony.

The financial industry in Hong Kong is indeed developed. There are hundreds of banks, large and small, in such a tiny place. This is extremely exaggerated in any place.

But where can they go?

The financial industry in Southeast Asia is all controlled by the Chinese, but they are also wary of Hong Kong, and even many banks in Hong Kong were established by them, so how can they counterattack the local area?

It is even more impossible in mainland China. The four major banks of China Agricultural Industry and Construction are like giants, crushing all those who want to grab food from their mouths, even banks such as China Merchants, Transportation, and Minsheng. It is a rising star, but it is far from the same level in terms of grade and scale, as well as the support of national policies.

Under the eyes of such predators, even Hong Kong's largest bank, HSBC, has not been able to carve out a place in the mainland, let alone your other small and medium-sized banks!

Therefore, Hong Kong's financial industry has no long-term development prospects at all.

Let me talk about the port industry in Hong Kong.

Yes, since the opening of Hong Kong, the port industry has been the pillar of Hong Kong. Especially since the founding of the People's Republic of China in 1949, the external demand of the entire 9.6 million square kilometers and 600 million people has been smashed in Hong Kong like a piece of gold equivalent to the size of Hong Kong. person's head.

Since then, Hong Kong has grown from a small port to a world-renowned super port, achieving the reputation of the Pearl of the Orient.

But it was only in the past. With the reform and opening up of Huaguo, Liancheng, Jinwei, Dongfang, Lingbo, Quanzhou, Yuezhou and other cities that have been excellent ports since ancient times have gradually opened up. China's foreign trade has gradually become dominated by them, and these ports have become more prosperous.

The prosperity of the coastal ports in the Mainland is naturally accompanied by the decline of the Hong Kong port.

If it weren't for the fact that Hong Kong is a duty-free port, I am afraid that Hong Kong's port industry will not be able to reach half of its current scale.

Even so, in the next few years, Hong Kong's port industry will continue to shrink, and it will gradually become a place where mainland tourists can purchase foreign goods. There are tens of thousands of Hong Kong tourists, just like ants moving. The people in the mainland have been benefited, and Hong Kong's port goods have a place to use.

Finally, let’s talk about real estate in Hong Kong.

Because Hong Kong is only a tiny place with a population of 7 million, coupled with the rapid economic development in the past few decades, housing prices have continued to rise. At least 20% of the people cannot afford housing and can only live in the government. Provide public rental housing, low-rent housing.

The Hong Kong government is bragging, saying that the Hong Kong government still has more than 60% of the land in its hands to provide, so there is no need to worry about not having enough land in Hong Kong in the next 100 years.

But you asked the Hong Kong government to release the land for a look?

It is guaranteed that Hong Kong's housing prices will plummet directly, and real estate developers will go bankrupt directly-the people of Hong Kong will benefit, but this will not benefit the government and businessmen!

Therefore, the Hong Kong government will release land very rarely, and will never dare to release more land to stabilize housing prices. This is why Hong Kong real estate businessmen can make so much money. Among the top ten richest people, almost all are real estate tycoons.

Besides, Hong Kong real estate businessmen went north to the mainland to build houses. In the 1980s and 1990s, their technology and experience were indeed much better than those in the mainland. In addition, the mainland paid more attention to the introduction of Hong Kong business capital, so they were indeed prosperous. for a while.

However, after the 21st century, the demand for housing in Huaguo continued to expand, and local real estate businessmen sprung up like mushrooms after rain. They had deeper relationships and were more in tune with officials and the public. They knew the needs of the local people. So under normal circumstances, they gradually squeeze out the real estate developers in Hong Kong.

After 2010, the real estate developers in Hong Kong basically occupied a small share, and their prosperous days in the mainland will never return, ushering in a new round of recession.

Under such circumstances, the foresighted Liu Datou went to the UK and made a lot of money in the UK, which is much more prosperous than the real estate businessmen who stayed in Hong Kong and went to the mainland.

To sum up, Hong Kong's finance, port and real estate are doomed to have no future, so this proves that Hong Kong's development path is also unreliable, and it will inevitably decline in the future, and finally disappear.

In fact, a place like Hong Kong originally had a bright future.

If they chose to be Asia’s Silicon Valley and high-tech value-added industries during the economic transformation in the 1980s, then according to the abundance of talents in Hong Kong at that time, they were fully capable of occupying the high-tech electronics market in Asia, and it would definitely be easier than that of Taiwan. much.

It's a pity that Hong Kong people were supported by almost endless demand from the mainland at that time. When they could make a lot of money by reselling at will, how could they calm down to do scientific research and development and the real economy?

Speaking of it, this is the best portrayal of being born in sorrow and dying in peace!

Of course, it does not mean that Hong Kong people will not be able to survive, and Hong Kong will become a pool of stagnant water.

Hong Kong has the support of the capital. If it is built well in the future and becomes a port distribution center for Southeast Asia, their development will be good.

Coupled with the impact of the duty-free port on Guangdong, Guangxi and the area, it can at least maintain them to live a relatively good life. ——It is impossible for the mainland government to implement a zero-tariff port like Hong Kong!

Moreover, there is still a good consumer market for the daily needs of more than 7 million people. At least the TVB, Watsons, and Hong Kong subway that Xiao Qi chose for his wives must be industries that will develop smoothly.

This is enough for Xiao Qi, let the Hong Kong people worry about the troubles of Hong Kong people! (to be continued ~^~)