Era: I have a two-world door

Chapter 563

"Uncle, this doesn't seem quite fair to you. Auntie is Wanting's mother after all!"

After the people left, Wang Qingsong looked at Du Minghai and asked with a smile.

Du Minghai smiled awkwardly.

Then he said, "Tingting's mother doesn't usually care about the company's affairs, and she doesn't ask about the company's affairs, so I didn't say anything. I don't mean anything else. But you, what's the situation with Oriental Shipping?"

He didn't believe that people could give up their shares just because of relationships.

Wang Qingsong raised his glass and said, "Uncle, Wanting is handling that company. It's our own company, but we don't have our own professional team, so we let others help us manage it and give up a small portion of the shares."

"your company?"

Even though Du Minghai had some guesses in his mind that Wang Qingsong had a lot of shares in the company, he didn't expect that it was actually his company.

Wang Qingsong nodded gently: "Yes, I am very optimistic about shipping companies. In fact, what Tang Xiuwen said is right. After World War II, the world has been recuperating and it is almost time for rapid development. Shipping is inevitable. There is a lot of room for development in shipping in the future."

There is nothing shameful in acknowledging the excellence of others.

The same is true.

Real estate does make money, but this is all due to the annual premium on real estate.

Shipping companies will be the goose that lays golden eggs in the future.

It was during these seven years that the Bao family established itself as the world's number one shipping family.

It is also thanks to these few years that the charter ship king has firmly established himself as the number one among the world's seven largest shipping kings.

Yes, number one in the world.

Du Minghai frowned when he heard this: "But... the company's shares are no joke."

Wang Qingsong hummed: "I know this, don't worry."

He also has his own considerations.

The amount of my own funds is really too large, and the hometown association can't keep up.

If the shares held by the hometown association are too low, they may not be too attentive at that time.

If Du Minghai joins, it will be considered as introducing a shareholder.

If the fishmonger Chen had any ideas, he would just deal with those people. Someone would have to take over, and he didn't want to do it himself.

Moreover, in the future, he will also let Du Wanting put some of his own people into the management of Oriental Shipping.

It is also not advisable to completely give the company to the other party.

Of course, this is all on the premise that he can get along peacefully with the fishmonger Chen.

He didn't want to think too badly of people, but he also didn't want to put all his eggs in one basket, as that would always be a little unsafe.

Even if the impact is not significant, it will not shake his foundation.

Du Minghai pondered for a moment, then lowered his head and thought.

Then he said, "What about real estate? Why is it not suitable for long-term investment? I feel that real estate in Hong Kong Island has great prospects."

Hearing this, Wang Qingsong was thinking about it.

He couldn't tell about the future.

After tidying up his words, he said, "Uncle, I have no objection to your going into real estate, but if you have a way, it would be best if you could find out how many new properties there are in Hong Kong Island recently and how much the loans are.

What percentage of savings do these loans represent? What if there is a bank run?"

Houses in Hong Kong Island have always been scarce, and even if so many people are building houses, there will always be people who buy them.

So even if they are built, they cannot be sold, this is not the fundamental problem.

The ultimate problem is a run on the banks.

Du Minghai disagreed: "There shouldn't be any big problems with the bank, right?"

Wang Qingsong shook his head.

This reminds me of an analysis of finance written in later generations.

This financial run may be a tactic used by British capital.

Thinking of this, he asked, "Uncle, it seems that the Chinese banks in Hong Kong are expanding too fast now! Do you know what the current one-year deposit rate of the bank is?"

Du Minghai frowned and said nothing.

Wang Qingsong gestured: "8%. Annualized 8%, what does this mean? Without mentioning other things, let's take garment factories and textile factories as an example. Many of them are small workshops now. After deducting the costs, how much is the annual interest rate?
With so many real estate projects under construction at the same time, if there is any problem with the bank, it will affect the entire Hong Kong Island.

Furthermore, do you think that British capital in Hong Kong will allow this situation to happen?"

He saw the report.

The current real estate crisis in Hong Kong Island is due to the fact that Chinese banks expanded too quickly in Hong Kong Island.

This aroused the fear of British banks.

Work together to set up a plan.

I don't know whether it's true or not.

However, he found out that during the Hong Kong real estate bubble a few years later, it was basically the Chinese banks that suffered.

And unlucky as it is, most of the real estate developers are Chinese-owned.

Those British banks are not afraid of bank runs because they have strong capital.

At the same time, British-owned real estate can be delivered on time, so even if it does not make a profit, it will not lose money.

Instead, they took advantage of this opportunity to buy up large amounts of Chinese-owned land.

Of course, during this period, some well-capitalized Chinese construction companies that were not affected also bought land.

Among them are patriotic businessmen, as well as Chinese investors with British backing, such as Mr. Li.

Regardless of whether it is really related to British capital.

However, the real estate bubble in the following years had the widest impact, and those who suffered the most were basically Chinese businessmen.

After listening to this, Du Minghai pondered in his mind.

After thinking for a while, he said, "What about the Hong Kong government? They won't just watch this happen, right?"

If the real estate industry is affected, it will be a blow to all industries in Hong Kong Island.

Wang Qingsong smiled and said, "Uncle, you have been here for so long. Do you think those British capitalists care about this? They want to nip in the bud anything that might shake their position. Isn't financial means their most common method?"

After a pause, he continued, "And if you know someone, you should be able to find out that Hong Kong Island intends to increase its public housing plans."

He remembers.

Hong Kong Island will publish a white paper on housing policy early next year, announcing that it will build 10 million resettlement units and 190 low-rent housing units within 29 years, and relax the qualifications for living in resettlement housing.

This could have been a good thing.

On the contrary, it will heat up the real estate market.

However, being exploited by these people, more people entered the real estate market, which accelerated the process of the real estate bubble.

So a year after this incident, the trigger was ignited, triggering the incident.

This led to a bank run.

In fact, the bank run was not very serious at the beginning, it was just because a check was rejected for withdrawal.

The bank was originally preparing to mobilize funds for repayment.

But the very next day, the refusal to redeem was reported in all major newspapers in Hong Kong Island.

Panic spread across Hong Kong Island, and ordinary people rushed to banks to queue up to withdraw money.

This caused bank runs in all major banks.

From then on, it was like an avalanche that was out of control.

After all, Du Minghai had not been involved in the banking industry and didn't know much about it, so he couldn't understand Wang Qingsong's words for a while.

But Wang Qingsong could say this, which shows that he has his own way. Then he asked: "Can we try investing first? Then we can't invest in real estate in the future?"

"Okay, let's do it, make some quick money, and then we'll see later."

Wang Qingsong was there persuading.

After the bank run in 65, British capital was ready to take advantage of the downturn in Hong Kong's real estate market and start reaping the benefits.

But they also had accidents.

This accident came from the mainland.

Naturally, it became known to everyone a year later.

This incident actually affected this place as well. Many British capitals were worried that they would come and take back this place, so many capitals began to sell off their properties.

Real estate is naturally one of them.

Things happening in the mainland disrupted their plans.

And those Chinese investors with capital took advantage of the chaos at this time to fish in troubled waters.

This is what created several large families and conglomerates in Hong Kong Island in the future.

It slightly changed the status of Chinese capital in Hong Kong Island.

It can be considered an improvement.

……

"Tingting, who exactly is that Wang Zixuan?"

In the room, Du's mother was asking Du Wanting questions.

Du Wanting hesitated for a moment after hearing her mother's questioning, but still said, "Who could it be? You probably guessed it. Do you know about the crisis at our textile factory last time?"

"I know that! What's wrong?"

"He was the one who made the move. He holds 55% of the shares of our textile factory. The company I work for now is his. It has a commercial building and a 300 million square feet industrial park. He also owns the majority of the shares of Oriental Shipping."

No mention of banks.

Upon hearing this, Du's mother frowned and thought about it.

Then he said dissatisfiedly: "Then what he just told us was a lie? Otherwise, where did he get such a huge business?"

Not to mention anything else, the other party owns more than half of the shares of his own textile factory.

Not to mention the others.

Seeing this, Du Wanting explained, "How can I explain it? Actually, his parents are gone, and he only has a few brothers and sisters in the mainland. I really don't know where he got all this money. Anyway, when I met him, he had so much money."

You can't lie too much.

I could only tell it half-truthfully.

Upon hearing this, Du's mother also put away her anger and sighed, "He is also a pitiful person! But I still hope you can consider Awen and listen to my advice!"

These words made Du Wanting feel dissatisfied.

"Mom, why? It's fine that you disliked his poor family background before, but now that I've told you the situation, why don't you agree?"

Upon hearing this, Du's mother was speechless: "When did I ever complain about his family being bad?
Yes, I want to find someone of equal status for you, but it’s not all about family issues.

You also know the relationship between us and the Tang family. You two have been playing together since childhood. I also know Awen's character. Your marriage with Awen was promised to your Uncle Tang's family by your father and I a few years ago.

We never mentioned the fact that Tang Xiuwen went abroad to study, and you didn't know about it yourself.

Later he came back and joined his father's company. He was busy and you had just graduated.

I didn't mention this matter.

Who knew that you found a boyfriend without telling anyone and even lived with him?

Can I be blamed for this?
Tangjiahe and I are a well-matched couple. You and Awen grew up together as children, and he stayed in our home for several years.

If I could, I would rather choose Awen."

Du's mother spoke in a crackling voice, and then she took a breath and continued, "Besides, you said that I dislike poverty and love wealth.

Your father saw that...Wang...

Oh, yes, his name is Wang Zixuan.

When your father saw that Wang Zixuan had good conditions, he forgot the agreement he had with the Tang family. So what did he do?
do you know?

A man without faith cannot stand! He regretted what he promised back then. This is called breaking faith.

When your father was in Shanghai, he would be laughed at if he did something like this.

No one wants to do business with us anymore, you know?
Wasn’t that what I did back then?
I don't like your dad either, but we were engaged, and in the end, didn't I marry your dad?"

Du Wanting was helpless when she heard this: "Mom, why are you still talking about the past? Do you still want your daughter to follow the same path as you?

Besides, I've already told you guys that I don't need you to decide my marriage. If I can't find someone I like, I'll stay with my parents forever and never get married."

As he spoke, he hugged his mother's arm.

She knew that Du's mother still handled things according to the old rules.

Du's mother was so angry about her words.

Remind: "Don't we do this in Hong Kong Island? Let me tell you, the rules are stricter in Hong Kong Island."

These words made Du Wanting frown.

indeed.

Because of what happened in Hong Kong during World War II, most of the wealthy people here were plundered by the Japanese.

The rich businessmen who should run away have run away.

The wealthy businessmen who could not escape had their industries basically destroyed by the Japanese.

Most of the wealthy people in Hong Kong later came from the mainland.

These people were either bureaucrats from the feudal period, or from aristocratic families, or wealthy businessmen, or even warlords who fled here.

Came here and started buying land to do business.

The rules followed by these people still follow the old traditional rules.

There are indeed a lot of rules.

Then he collected his thoughts and said, "I don't care, Mom. I've brought him home. You have to recognize him whether you want to or not, unless one day he and I separate. No, even if we separate, I will find him myself. You just need to help check it out."

"You...you are going to piss me off to death!"

Mother Du patted her chest.

Then he propped his arms on the coffee table and pinched his temples with his hands.

For a moment, the room was in a stalemate.

Du Wanting was not in a hurry.

She knew that as long as she insisted, her parents would definitely compromise. They couldn't force her to get married!

Don't forget what you learned.

lawyer!

And she believed that her mother would not force her.

I can only talk reason to myself.

To be honest, she has never been afraid.

Mother Du took a moment to calm down and said, "I have told you what I should say. Think about it carefully! By the way, why didn't you tell me about his affairs in advance?"

Du Wanting knew she was talking about Wang Qingsong, so she said helplessly: "Mom, I'm busy every day, and you have your own business. It's rare for us to get together. It's just that you and Dad are arguing. How can I be in the mood to talk about this."

(End of this chapter)