sjar Chapter 595 Scanning goods
Chapter 595 Scanning goods
"Everything you said is correct."
"But I think the fastest-growing industry in Hong Kong over the next decade should be the real estate industry!"
Lu Ye gave his answer directly.
"Real estate industry?" Shu Wen thought about it carefully after hearing this.
In fact, Hong Kong's real estate industry has only gradually risen in the past 10 years. The key node is none other than the prosperity of Hong Kong's stock market.
Real estate companies obtain large amounts of funds from the stock market through listing financing, which enables large-scale real estate development projects.
However, compared with the real estate industry, Shu Wen still feels that the financial industry seems to have more advantages and potential.
“Yes, the real estate industry.”
"Actually, what you just said is absolutely correct. Hong Kong's economy has transitioned from entrepot trade to manufacturing, and is now in the process of developing a diversified economic model."
"A booming economy will naturally drive consumption."
"Hong Kong has a large population and a small amount of land, and most of it is mountainous, so the land resources available for development and utilization are very limited."
"As the saying goes, scarcity makes things valuable!"
"I paid special attention to some Hong Kong newspapers and saw that Li Chaoren's Changjiang Industry had acquired two plots of land in Kowloon."
"According to your land calculation method, the price of one foot of land is as high as 6000 Hong Kong dollars!"
Lu Ye picked up the cup, took a sip of water, and continued speaking under Shu Wen's puzzled gaze:
"This piece of land is so expensive. How much do you think it will sell for per square foot after the building is completed?"
The Shu family has no real estate business in Hong Kong, and Shu Wen knows nothing about real estate.
Now after hearing what Lu Ye said, she also felt that the land was a bit too expensive.
"Since the Industrial Revolution in Europe, developed countries around the world have all had one thing in common: the starting point of industrialization was necessarily real estate."
Lu Ye's words immediately aroused Shu Wen's curiosity.
In fact, her professor had specifically talked about this aspect of IQ when she was in college.
But Shu Wen now wants to hear what Lu Ye thinks.
"How do you say that?"
"Horizontal comparison."
"Kimchi's so-called Miracle of the Han River and Japan's Showa era are actually the same."
"Because as a late-developing industrial nation, they can only achieve industrial development by first relying on their own citizens to bear huge debts."
"And real estate is the best vehicle for debt assumption."
"Coupled with Hong Kong's large population and limited land, as well as its nascent manufacturing sector, the conditions for this economic transformation are fully met."
"So, if the colonial government wanted to further develop Hong Kong's economy, it had to be more open to the real estate industry and provide more policies to meet the colonial government's debt expansion needs."
······
Lu Ye spoke eloquently.
Su Yunjie, who was standing by, was completely confused.
This is both debt expansion and economic development.
At this moment, Lu Ye looked like a teacher or a scholar.
"Brother-in-law, where did you read this? I don't understand a thing you're talking about."
Su Yunjie didn't understand, but Shu Wen heard it clearly.
Lu Ye's views are generally consistent with those held by Shu Wenzi's professor at Cambridge University.
The only difference is that Lu Ye was talking about the situation in Hong Kong, while the university professor was talking about it from the perspective of the macro development of the world economy.
"It's okay if you don't understand. Even if you do understand these things, it's useless. Just focus on eating." Lu Ye said with a smile.
"As for something else, I just saw you talking so clearly and it seemed very profound. Can you teach me? When I have the chance in the future, I will also talk about economics in front of others to show off." Su Yunjie said.
"Okay, I'll teach you when we get back."
Lu Ye smiled.
He knew Su Yunjie too well. If he were asked to study, he probably wouldn't be able to sit still for even ten minutes.
Shu Wen looked at Lu Ye and asked with some confusion, "What does this have to do with your purchase of Wharf Holdings shares? Wharf Holdings isn't a real estate company."
“Although Wharf Holdings is not a real estate company, it owns a lot of land!”
"Wharf Holdings owns land in docks, warehouses, and even in the core area of Kowloon. If we calculate based on current land auction prices, what do you think the valuation of Wharf Holdings would be?"
Lu Ye gradually guided Shu Wen's thoughts and finally told her the reason why he bought Wharf Holdings shares in a way that she could completely accept.
"So that's how it is! That's how you see it." After pondering for a while, Shu Wen suddenly realized.
I finally understood that Lu Ye's seemingly random choice actually contained such a deep calculation.
Shu Wen, who had come to her senses, even felt a little admiration for Lu Ye.
You know, Lu Ye has just arrived in Hong Kong, and it has been less than three days at most.
During these three days, Lu Ye learned so much information just through television and newspapers.
This terrifying insight and analytical ability is so powerful that it is simply not possible for a mortal!
"Wharf Holdings' current share price is very low and doesn't truly reflect its actual value. I believe its share price will continue to rise sharply as land values continue to appreciate."
"So I plan to use all the 200 million Hong Kong dollars to buy shares of Hutchison Whampoa." Lu Ye said at this moment.
Having fully understood Lu Ye's thoughts and plans, Shu Wen could no longer find any reason to stop Lu Ye.
On the contrary, Shu Wen even had a deep sense of approval for Lu Ye's approach.
It was as if the stock Lu Ye bought would definitely make him a lot of money in the future, and if he didn’t buy it now, it would be a big mistake.
"I hope you're doing everything right."
The future is unpredictable, and Shu Wen can only send her blessings to Lu Ye now.
After dinner, Lu Ye and the other two returned to the exchange.
The lunch break is over and the market is open again.
Shen Chaoyi continued to carry out Lu Ye's orders, constantly buying up stocks in the market and buying one sell order after another from Hutchison Whampoa.
The amount of Hutchison Whampoa shares held in Lu Ye's account is also increasing.
In less than half an hour, the 10,000 shares that Lu Ye had mentioned earlier were achieved.
At this time, the stock price of Hutchison Whampoa did not rise, but instead fell back to 15.5 yuan per share from today's highest point of 15.8 yuan per share.
"Mr. Lu, the 10,000 shares you asked for have been purchased, at a total cost of approximately HK$156,000." Shen Chaoyi reported to Lu Ye over the phone.
"You've done a good job. For the rest of the time, you can continue to help me shop. As long as it doesn't exceed 16 yuan, I'll take as many as I want!" Lu Ye once again gave Shen Chaoyi the latest instructions.
"Okay, Mr. Lu."
After hanging up the phone, Shen Chaoyi continued to stare at the computer screen, ready to buy things at any time.
And at the same time.
At the wharf village, Song Hui walked out of Paigudong's cabin with a sinister smile on his face.