Rebirth of Hong Kong Island, leading the technology war

Chapter 146 Investment Advice for the He Family
The He siblings were indeed shocked.

According to the rumors they had heard, Hu Jiangshan was definitely not a humble person. Even his words and actions were very absurd, and he was extremely eager to show off.

They didn't expect that Hu Jiangshan would give them such a big surprise as soon as he showed up.

Let’s not talk about what Hu Jiangshan said. The key is to look at his state. He is gentle, calm and composed.

Both her appearance and temperament are excellent.

Even He Chaoyun, who was originally very angry with Hu Jiangshan, didn't know what to do when she saw Hu Jiangshan.

Hu Jiangshan said another self-deprecating remark, which made people even more upset.

But this guy might be speaking sarcastically, maybe he has some bad intentions.

Shen Lan felt that the atmosphere was a bit strange, so she quickly changed the subject and asked He Chaoyun: "By the way, what are you guys in such a hurry to go back for? What's the big deal?"

He Chaoyun sighed: "It's just to attend the group meeting, the kind that all executives and shareholders have to attend."

"It's so formal. The topic of the meeting must be very important."

"That's right. We need to discuss transformation. We can't always stay in Australia City. We also need to develop outwards."

"So do you want to develop inland or go overseas?"

"Of course it's the mainland. The mainland has given us a lot of preferential policies now, and we can choose to invest in certain areas. This meeting is to discuss an investment focus, and we can't invest randomly."

As everyone knows, the He family is the ceiling in Macau. It is the strongest family business, or even the strongest enterprise, bar none.

Of course, the He family’s main business is the DU casino business. Australia City is a world-famous DU casino mecca, on par with Ravi City on the other side of the ocean.

It seems that the He family is no longer satisfied with being the king of the mountain in Macau City, and still wants to develop upwards.

This is not easy for any local dominant company.

Including Hong Kong Island, there are many such family businesses that also want to transform, and have encountered considerable difficulties.

In fact, the Hu family is one of them.

The Hu family was so active in holding a corporate forum at Sanguan in Nanhai this time, and they also wanted to integrate into the mainland market as soon as possible.

If you stay in a place for a long time and enjoy the good life, you can make money without doing anything. But once you leave your comfort zone, you will feel confused.

In fact, the Ho family in Macau can be considered a family that benefits the country. Although they are not as active as the Fok family and the Hu family in Hong Kong Island, it is acceptable.

In the previous era, the big families in Hong Kong and Macao did not hold the country back and occasionally helped the country's development, which was quite difficult.

Shen Lan asked curiously: "Do you two have any areas you want to invest in?"

He Chaoyun and He Youjun looked at each other and smiled slightly bitterly. It was obvious that this matter was still giving them a headache.

He Youjun said: "I think we should still invest in real estate. The real estate market in the mainland is still quite hot and it should last for a while. We should seize this last chance."

Shen Lan was stunned for a moment and said, "It seems that the real estate prices in the mainland are quite high, right? First-tier cities are catching up with Hong Kong Island. Can they continue to rise?"

He Chaoyun sighed: "We just don't understand it. Aren't we struggling with this? Real estate does make money quickly, but we don't know what the situation in the mainland will be like in the future."

Hu Jiangshan looked up at He Chaoyun, then at He Youjun, and couldn't help but sigh.

This action confused the He siblings.

He Youjun couldn't help but ask: "Why are you sighing? Do you think what we said is wrong?"

Hu Jiangshan said: "I can give you some advice on this matter, but I'm thirsty, so I'll have something to drink first."

He Youjun was stunned for a moment: "Drink? Okay, okay, tell me, what do you want to drink?"

"Give me a glass of iced orange juice."

He Youjun snapped his fingers and called the staff, who immediately brought a glass of iced orange juice.

He Youjun said: "Okay, I've given you something to drink, let's hear what you can say."

Hu Jiangshan took a sip of orange juice and said calmly: "Young man, I am not just saying this casually, it can save you a lot of money.

"Wha, what do you mean?"

"What I mean is that if you invest in real estate now, you will definitely lose money, and the loss will be huge. It is very likely that you will lose everything you put in."

He Youjun's eyes almost popped out: "Why do you say that? The mainland's real estate industry can obviously survive for many more years."

He Chaoyun asked: "Mr. Hu, you probably haven't been to the mainland much, right? How do you know that the real estate market in the mainland is not doing well? Isn't this judgment too arbitrary?"

Hu Jiangshan thought to himself, of course he knew very well what would happen next.

It is 2018 now, and housing prices are indeed still very high, with no clear signs of a decline. However, in a year or two, the Chinese government will introduce new real estate policies, and things will change.

Of course Hu Jiangshan couldn't say this out loud, so he could only try to convince the other party in a rational way.

Hu Jiangshan smiled and said, "How do you know I haven't been to the mainland?"

"This one……"

He Chaoyun really doesn’t know whether Hu Jiangshan has ever been to the mainland, but judging by Hu Jiangshan’s personality, it is impossible for him to go to the mainland often.

Hu Jiangshan would only stay in his own circle and abuse his power.

"You, even if you go to the mainland frequently, it doesn't mean you understand mainland real estate. Mainland real estate does have some risks, but there shouldn't be any major problems in the next few years."

Shen Lan couldn't help but say, "Mr. Hu, I'm just curious, why do you make such a judgment?"

He Youjun couldn't help but say, "I think you are just guessing."

Hu Jiangshan smiled and said, "Okay, let's put this question aside for now. I want to ask you, if you want to choose real estate in the mainland, how do you plan to invest? Will you invest in commercial real estate or residential real estate?"

He Youjun actually thought about it seriously before answering: "Of course we want to invest in the best real estate companies in the mainland, such as Daheng Real Estate. Someone here has already talked to them and they feel very reliable."

When Hu Jiangshan heard the word "Daheng Real Estate", the juice in his mouth almost sprayed onto the table. Fortunately, he closed his mouth quickly and forced the juice down.

"I advise you not to have this idea. It's too dangerous."

"Why is it dangerous? Do you have any evidence?"

"The evidence is very simple. Check Daheng Real Estate's current debt ratio. Think carefully about how a company can maintain such a huge debt ratio. If it can't maintain it, what will happen?"

"Debt ratio..."

He Youjun and He Chaoyun looked at each other.

For the first time, they felt that Hu Jiangshan was probably more complicated than they had imagined, and was definitely not a simple playboy.

Although they have not investigated Daheng Real Estate yet, there are indeed rumors that Daheng Real Estate's debt ratio is too high and has reached the red line. No, it should be said that it has exceeded the red line.

Anyone who has run a business knows that debt is necessary, but it cannot be too high. If it is too high, it cannot be sustained in the long run.

If you are unlucky, such a business will collapse within a year or two.

He Youjun asked again: "Then which real estate company do you think can be invested in?" Hu Jiangshan shook his head: "As long as it is a real estate company, no one can be invested in."

He Youjun still didn't give up: "Why? You have to give a reason. Do you think the real estate industry in the mainland has no future opportunities?"

Hu Jiangshan said: "I still say the same thing. You should carefully research several leading real estate companies in the mainland. Their debt ratios are very dangerous, without exception, because they all follow the same model. As for real estate companies with official backgrounds, there will be no big problems, but you will not have the opportunity to invest in them."

"What if we start a real estate company ourselves?"

Hu Jiangshan smiled and said, "Mr. He, why did you get involved in real estate? I advise you to broaden your horizons. It is not a good thing to be too restrictive."

Hu Jiangshan took another sip of juice and said, "I advise you to listen to my advice. Otherwise, you may run into trouble in two or three years, not to mention many years. The real estate industry is too asset-heavy. If you lose, you will lose a lot, and you may not even be able to get out of it. Of course, your He family is rich and can afford the loss, so just ignore what I said and go ahead and give it a try. If it doesn't work, you can change careers."

What Hu Jiangshan said simply meant that the person was stupid and had a lot of money, so come quickly.

If I invest in real estate again, wouldn’t I be a fool?
He Youjun looked dejected.

He Youjun is very young, two years younger than He Chaoyun, and seems to be a little psychologically fragile. In comparison, He Chaoyun is much more mature.

He Chaoyun exchanged glances with Shen Lan and asked, "Mr. Hu, can you tell me what areas in the mainland are worth investing in? The Internet?"

Hu Jiangshan pondered for a moment and replied: "The peak period of the mainland Internet has passed. It is not worth investing in it. It is better to look for opportunities in the field of technology manufacturing."

He Chaoyun showed a thoughtful expression, and he obviously listened to Hu Jiangshan's words.

Although He Chaoyun is only in her early twenties, she is very smart and is studying at a prestigious university.

Moreover, Pansy Ho is one of the people that the Ho family focuses on training, and she has already demonstrated extraordinary business acumen.

He Chaoyun more or less understands that the mainland is promoting the development of high-tech manufacturing industry, and is pushing it very aggressively.

It’s just that everyone is used to doing business that makes quick money, and has somewhat neglected the steady and solid physical manufacturing industry.

He Youjun asked: "Why is the technology manufacturing industry worth investing in? What are your reasons?"

Hu Jiangshan laughed: "Are you going to copy all the answers?"

"This... let's not talk about it..."

He Chaoyun glared at her brother, and immediately said to Hu Jiangshan: "Don't mind it, my brother just can't keep his temper, we just want to hear your opinion."

Hu Jiangshan nodded: "Let me think about it."

As he spoke, Hu Jiangshan was actually thinking about this matter.

What kind of technology manufacturing industry can we invest in?

For Hu Jiangshan, there seem to be many areas where he can invest, but he may not be able to think clearly about them in the short term.

He Chaoyun seemed to know that this was a bit too much to ask, so she said, "Mr. Hu, several technology manufacturing companies have indeed talked to us about investment recently."

Hu Jiangshan asked: "What kind of products does the company produce?"

He Chaoyun said: "It mainly deals with photovoltaic products. You know what photovoltaic is, right?"

Hu Jiangshan smiled: "It's just a solar panel."

He Chaoyun looked at Hu Jiangshan in surprise, and was surprised that Hu Jiangshan actually knew about this industry.

Photovoltaic is actually the name used in the mainland, while in Hong Kong and Macao it is called "solar panels."

Hu Jiangshan said: "Solar panels are already saturated, and I don't recommend investing in them. Are there any other companies that would like to talk to you?"

"besides……"

Before He Chaoyun could think of it, He Youjun said, "By the way, sister, there is another company that makes memory chips."

Hu Jiangshan was stunned: "Changxin?"

He Youjun's eyes lit up: "Yes, yes, yes! It's called Changxin Storage. How did you know that?"

At that time, Changxin Memory was still a small R&D company, far from being as glorious as it would be in the following years.

A few years later, Changxin Storage became so powerful that it could even challenge the world's storage giant Samsung in terms of technology, and even surpassed it slightly in cutting-edge technology.

However, due to the problem of lithography machine, production capacity is temporarily limited.

Later, even the problems with lithography machines were gradually solved.

Hu Jiangshan smiled slightly: "This company is worth investing in. I suggest you increase your efforts."

He Youjun asked: "Are you so sure?"

Hu Jiangshan nodded: "Changxin has strong R&D capabilities. You can go and do some research and investigation. Their future technology will not be worse than Sansang's."

He Youjun and He Chaoyun were both stunned.

I didn't expect Hu Jiangshan to have such a high opinion of a small company, and even challenge the giants, as if it was a joke.

Hu Jiangshan added: "In addition, you can also pay special attention to Jing Dongfang."

"...Jing Dongfang?"

He Chaoyun suddenly remembered: "Jingdongfang is a company that makes screen panels, right?"

Hu Jiangshan nodded.

He Chaoyun frowned: "But this company's technology is not very strong. Now few mobile phone companies will use Jingdongfang's panels."

Hu Jiangshan said: "This is only temporary. Jingdongfang has official investment. Even if it doesn't make money, there won't be too much risk. Moreover, Jingdongfang's research and development capabilities are no problem, and it will not be weaker than Sansang in the future."

My goodness, Hu Jiangshan is now fighting with Sansang.

He Youjun stared: "Why are you so sure?"

Hu Jiangshan waved his hand: "This is my suggestion. It's up to you whether you listen to it or not."

At this moment, a staff member ran over and said to Hu Jiangshan: "Mr. Hu, your boat has been repaired and can be started normally."

Hu Jiangshan nodded, then said to the three people: "Okay, I'm leaving now, you guys can chat slowly."

After saying that, Hu Jiangshan drank the last sip of orange juice and left.

The three of them looked at each other, speechless for a moment.

He Chaoyun asked Shen Lan: "Is he really Hu Jiangshan?"

Shen Lan nodded: "You also feel something is wrong?"

"Yeah, how could he be that guy!"

He Youjun also said: "This is unscientific!"

(End of this chapter)