"How much did you buy this cruise ship?" Chen Tianfu asked.
"It's about HK$2 million, which is already very cheap. The shipyard can't sell it, so it can only dispose of it at a low price." Chen Zhiwen said with a smile.
"Okay, young people like to play, I understand." Chen Tianfu said with a smile: "It would be nice to lend it to me and play cards with a few friends in the future."
"No problem, use it if you want." Chen Zhiwen shrugged and said, "I will change it to a bigger one later, and I will give this one to you."
"Do you want to change it?" Chen Tianfu asked.
"Of course, but let's talk about it later." Chen Zhiwen said with a smile. It doesn't matter if he spends a million to buy a boat and enjoy it. After a few years, when his investments from all parties have paid off, he will naturally have to change the situation. Not only those who swim on the water, but also those who fly in the sky.
"It's up to you, as long as you have money, but I still think it's better to invest on the ground, haha." Chen Tianfu said with a smile: "During this period, the investment company has gathered a lot of funds, and I bought two more small buildings. Industrial building.”
Although the stock market and land prices have plummeted, this has also resulted in a large amount of funds in the society having no place to invest. Capital is mobile and profit-seeking. When an investment company with some strength to purchase properties in Central recruits funds, there will be a lot of funds. People rushed to give away money.
"There are too many naive people. Fortunately, we are not liars." Chen Zhiwen shook his head and smiled. Not to mention Hong Kong in the 1970s, even in the mainland 50 years later, how many people were cheated by various investment companies every year and lost all their money.
"One more thing. It is becoming increasingly difficult to buy large office buildings. This may be the reason why the industry has begun to recover. We can only buy small ones." Chen Tianfu continued.
"It's okay to buy a small one. If you demolish it and rebuild it later, the profit may be higher." Chen Zhiwen said suddenly. He knew the future prospects of Hong Kong's manufacturing industry, but no one else would know it now. Therefore, before the manufacturing industry collapsed, , there was still a lot of capital flowing into industrial real estate, so in the late 1970s and early 1980s, industrial real estate was still very popular.
The industrial real estate acquired by Xinghe is an investment for other projects, and may be sold in two years. However, Hengyi is the hard work of his father, and it still needs to be planned for the long term, at least until 1982.
"It's okay. As long as the real estate market picks up and the value of the properties in our hands increases, the debt ratio will drop significantly and we will have more funds for development. We just don't know when we will see an improvement." Chen Tianfu frowned. Said, in fact, he already knew that Chinese emerging real estate companies such as Li Ka-shing, Li Shau Kee, Zheng Yutong, etc. were acquiring large quantities of real estate, and even did not hesitate to expand shares and raise funds when the stock market was not good, but he did not know how long it would take. Fortunately, he had a son. Now, he knew that even if he lost the bet, nothing would happen. Otherwise, if the leverage was so high, he would probably not be able to sleep at night.
Chen Zhiwen said: "It is estimated that it will recover starting next year. Real estate has dropped by more than half. This price is basically within the range that everyone can afford. In addition, even in the past two years, Hong Kong's young immigrant population is still increasing. , they all have demand for properties.”
Real estate depends on population in the long run. This sentence was said by a real estate tycoon named Wang in later generations. But in fact, modern society is a society of confidence. When society knows that the population will slowly decline, there will be a lack of young people even after 20 years. In this case, real estate will also start to fall, and vice versa. Capital and a large amount of hot money will accelerate time, allowing future trends to emerge as soon as possible.
Of course, the main source of Hong Kong's strong real estate recovery is some policies in the north, and no one knows this either.
"Then let's wait a little longer." Chen Tianfu nodded and said, "Let's go fishing in the back, catch it and give it to your mother, and we'll be responsible for eating it."
"Come on, who can cook the messy fish in the sea? I've prepared the food a long time ago. Just come up and eat after you catch the fish. I'll bask in the sun. It's rare to get the sun this summer. This anti-corrosion glass is still It's really good." Wu Xiuling said while lying under the insulated glass with a facial mask on her face.
"This glass can block sunlight when it is electrified. It's quite magical. I can get some at home next time." Chen Tianfu said.
"Okay, no problem, but it's not very useful at home. There is a glass that can block people outside from seeing inside when it is powered on, but it doesn't affect people inside from seeing outside. It can also block sunlight." Chen Zhiwen explained.
Yachts are luxury goods, so all circumstances must be taken into account. In Europe and the United States, many people like to sunbathe, but no matter how hardy white people are, they cannot withstand the summer sun. There are naturally many glasses that can block the sun, even in non-summer times. On the contrary, it would become a problem, so we used this kind of glass that affects the light transmittance when electrified at a high price.
"That's okay." Chen Tianfu packed up the fishing gear and took Chen Zhiwen to the back deck. Although it was summer, the sea breeze in Victoria Harbor was strong, and the sea water absorbed heat, so the two of them felt quite comfortable.
"Can you fish?" Chen Tianfu asked.
"No." Chen Zhiwen shook his head. He had never fished in his previous life or in this life, but he had played a lot of fishing games.
"If you were my backup, you probably wouldn't even have meat to eat in the mainland when you were a kid." Chen Tianfu laughed, while making preparations for fishing.
"Mainland? Dad, did you often fish for food when you were a child?" Chen Zhiwen asked.
"It's not that easy. You think you are the only one who knows how to eat fish. Everyone wants to eat it. How many people jumped into the water to catch fish, but later they were not allowed. Some people used mosquito nets to net fish, but they were not allowed, so we had to fish. , and you can only go there secretly at night, and there will be people checking during the day." Chen Tianfu said with a smile.
"It was really hard at that time." Chen Zhiwen nodded and said.
"People like you who have lived in Hong Kong since childhood will not understand, let alone eating meat. When I was a child, I couldn't eat white rice a few times a year, and I almost forgot about this kind of life." Chen Tianfu prepared the bait. , threw the fishhook out.
Chen Zhiwen did the same, but it was obviously not so natural and unrestrained, but it didn't matter. Then he asked: "Dad, have you ever thought about going back? Do you have any relatives in the mainland?"
"My parents passed away long ago, but I still have an older brother. I heard that he went to the capital. I don't know what happened to him, but he went to high school and is literate. He should be able to make a name for himself." Chen Tianfu said with some emotion: " Naturally, I want to go back, but you also know the situation, it’s very difficult.”
"It's okay. Now the mainland has established diplomatic relations with many European and American countries. I think there will always be opportunities in the future." Chen Zhiwen said with a smile.
"I hope so." Chen Tianfu nodded and said. Suddenly the fishing rod in his hand seemed to move, and he was pleasantly surprised: "A fish has taken the bait."
"Fuck, so fast?"
