Chapter 970 I Want 0 Industry to Prosper

Xia Yu smiled lightly: "I really know, because this proposal was made by me."

A look of shock flashed in Bao Yugang's eyes, his brows were slightly wrinkled, thinking that Xia Yu always had a deep meaning in his work, so he immediately asked: "A Yu, I remember that you have already started to transfer factories to Pengcheng, why would you want to? Build an industrial park in Xiangjiang?"

"Everyone is running to Pengcheng, you are doing the opposite!"

Xia Yu said indifferently: "Old Bao, the ones who moved to the mainland are basically labor-intensive industries such as textiles, ready-to-wear, and toys. The technical threshold is low, and it is highly dependent on labor costs. I don't do this kind of thing."

Bao Yu just accepted Xia Yu's reason, but he still felt that something was wrong, he thought about it and asked: "Forget the labor cost, there is also the investment and use cost of the factory hardware, even if the land price in Yuen Long is low. , that is higher than Pengcheng, even if the Hong Kong government builds an industrial park, it may not be able to attract enough companies."

Xia Yu smiled and said, "Old Bao, I don't know exactly what MacLehose was thinking. After all, I'm not a roundworm in his stomach."

"But if the industrial park is built, I can build a lot of large factories by myself. As long as I have a market and enough business, the manufacturers of the supporting industry chain will naturally follow."

"The effect of industrial clusters is not wrong anywhere."

Bao Yugang frowned, nodded slowly and said, "Yes, although your factory has not been established, I believe you can do it."

"Then what industries are you going to do? Do you have any plans?"

Xia Yu replied: "Automobiles, machinery manufacturing, electronics, petrochemicals, etc."

"Companies in the automotive, machine-building and electronics industries have already existed, and the petrochemicals industry will be built later."

Bao Yugang nodded in understanding. He knew that Xia Yu did have companies in these industries, which were acquired from Jardine Consortium before, such as Jardine Machinery Group, Jardine Automobile Group, etc., as well as Tiangong Electronics Group, which he opened.

The only thing he has yet to figure out is why the Hong Kong government's planning has left out the booming real estate industry.

He abandoned the boat and went ashore, and now that he has made a lot of efforts in the real estate industry, if there is any risk, he will have to plan early.

"A Yu, the real estate industry is booming now, why is it not mentioned in the plan? Could it be that the real estate industry will change in the future?"

Xia Yu shook his head and said, "The future of real estate is definitely bright.

But whether it is for Hong Kong or for ourselves, the real estate industry is better half bright. "

"Half the light?"

Bao Yugang frowned and said, thinking of the attributes of real estate, which can be divided into commercial real estate and residential real estate.

He wondered: "Is there a risk between commercial real estate and residential real estate?"

Xia Yu nodded and said, "Yes, Lao Bao, you should know the difference between commercial real estate and residential real estate, right?"

Bao Yugang said without hesitation: "Of course I know."

"Commercial real estate is an asset-heavy operation, with high investment and development costs, and it looks at stable long-term returns."

"The investment cost of residential real estate is lower, and it focuses on marketing. It harvests short-term gains and focuses on high turnover."

Xia Yu said, "That's it."

"And from a marketing perspective, the core of commercial real estate is investment, facing investors; the core of residential real estate is living, facing consumers."

"Commercial real estate has a certain degree of popularity. Investors buy or rent shops to do business, which is good for social and economic development. It is an important part of economic circulation and accelerates the flow of money."

"It's different for residential real estate. Consumers' money is limited. If the housing price is too high, consumers need to overdraft future money to buy a house. The income basically flows into banks and real estate developers, and very little is used for consumption. ."

"So residential real estate is a boom in one industry, and a decline in all industries."

"And Xiangjiang is the window to the mainland and the meeting point of the Pacific Ocean and the Indian Ocean. Its geographical location is destined to become a prosperous trading place where all industries meet."

"As long as the business of Xiangjiang is prosperous, the market of commercial real estate will naturally rise."

"But Lao Bao, do you think that for Xiangjiang, for the mainland, the price of residential real estate in Xiangjiang has gone up, is it good or bad?"

Bao Yugang shook his head and said decisively: "It's definitely not good. Housing prices are inversely proportional to the potential of Xiangjiang. The rise in housing prices is overdrafted by the potential of Xiangjiang, and it is the common people who suffer."

"Whether it is us or the general public, the prosperity of all industries is the best."

"Doing business is like growing leeks, harvesting and selling them over and over again will give you money to fertilize and open up new fields to plant more leeks. Everyone has something to eat, but if you dig the roots together, in the end, the leeks will be gone and no one will be hungry. Dead and deserted."

Xia Yu smiled and said, "Lao Bao, your metaphor is vivid."

After laughing, Xia Yu restrained his smile and said with a serious face: "So whether it is for ourselves or for the entire Xiangjiang, the residential real estate in Xiangjiang cannot be allowed to fly around."

"But we also know that the technology of the real estate industry is too low, so everyone will develop real estate if they have money. Many wealthy families are rushing to the real estate industry. The real estate industry is jointly fired by everyone. If we want to stop it, it will be very difficult. Big."

"But if we leave it alone, in ten, twenty, thirty years, one day this bubble will burst, and there will be only chicken feathers left, and the people at the bottom will complain, and our foundation will be corroded. and our descendants to bear.”

"I talked to MacLehose. Although the Hong Kong government has begun to rely on land sales, it is not very serious, and commercial real estate can be sold as well."

"So MacLehose is also supportive. For him, a British man with a British mission, I still admire that he can do this."

Bao Yugang pondered for a long time and asked, "So you plan to focus on developing the commercial real estate market for your Jiuding Real Estate Group, and do it against everyone in the residential real estate market?"

Xia Yu didn't hide it, nodded and said: "Yes, although there is a suspicion of being a bitch to set up an archway, but in Xiangjiang, I really want to be an entrepreneur with social responsibility, not a capitalist who drinks human blood."

"I don't care when I am abroad, but after all, Xiangjiang is my hometown, and I am also a Chinese person. I always have to be treated differently. A gentleman can do what he wants and what he doesn't do."

Bao Yugang laughed and said with admiration: "Well said, a gentleman can do something, and he can't do something!"

"I'll take this with you!"

"Anyway, you are the leader in the real estate industry. After merging a few companies, I barely squeezed into the top ten in the real estate industry. The two of us act together, and the probability of success is even greater!"

"As for Lao Huo's words, wait for him to come back and talk to him, look at him, but from what I know about him, he takes money lightly, and he has national justice in his heart, and he won't do this kind of thing. Don’t do it, it’s just another way to make money anyway.”

Xia Yu smiled and said, "I'm full of confidence if you have Lao Bao with me!"

Bao Yugang shook his head and smiled and said, "I'm just playing a supporting role, don't put a high hat on me, you didn't tell me before, you only thought about doing it yourself, you must be confident to do it, I don't know you yet?"

"But Ayu, I have an opinion on you when I say this. Does my old bag seem to have no bottom line? Why don't you call me on this matter?"

Seeing Bao Yugang's unhappy look on his face, Xia Yu felt a little embarrassed, but he couldn't admit it.

He cheekily retorted: "Old Bao, why didn't I think of you, didn't I hide you now, just tell me straight when you ask me?"

"The reason why I don't talk to you for the time being is mainly because the eight characters are not written. The Hong Kong government has not officially approved the text. If it does not pass, I will tell you again. Isn't that a slap in the face of myself?"

Bao Yugang looked Xia Yu up and down with suspicion.

Xia Yu looked as usual, with an indifferent look, letting Bao Yugang look at it.

Bao Yugang took his eyes back and said with a smile: "Well, let's assume what you said is true, and this matter will be exposed."

Then he took a sip of tea and said, "From tomorrow onwards, I will adjust the real estate strategy and focus on developing commercial real estate projects."

"The profit of commercial real estate is actually not low. The annual income can far exceed the bank interest. In fact, it is safe to make a profit. As long as the business environment of Hong Kong is getting better and better, the rate of return will be higher and higher."

"The key is patience."

Xia Yu said with a smile: "Old Bao, it doesn't mean that we give up the residential real estate business. Even we have to do more. The greater our influence on the market, the more we can suppress housing prices."

"If we just give up residential real estate, there's nothing we can do to get involved."

"If there are a lot of residential constructions and everyone has a house, I will see who they will sell the house they develop to!"

"Look how they fry!"

PS: I’m really sorry yesterday, the plan couldn’t keep up with the changes, I hate drinking, but I can’t push the wine situation away. I drank too much last night…