The Industrial Giant Reborn

Chapter 55 Father and Son Conversation

"How much did you pay for this cruise ship?" Chen Tianfu asked.

"It's about 2 million Hong Kong dollars. It's already very cheap. The shipyard can't sell it, so it can only be dealt with at a low price." Chen Zhiwen said with a smile.

"Okay, young people, they all love to play, I understand." Chen Tianfu said with a smile: "I will lend it to me in the future, and it would be good for me to play cards with a few friends."

"No problem, just use it if you want." Chen Zhiwen shrugged and said, "I'll get a bigger one later, and I'll give you this one."

"Do you want to change?" Chen Tianfu asked.

"Of course, but let's talk about it later." Chen Zhiwen said with a smile, it doesn't matter if you spend a million dollars to buy a boat and enjoy yourself. Not only those who swim in 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 of time, the investment company has gathered a lot of funds, and I bought two 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 People rushed to send money.

"There are too many naive people, but fortunately we are not liars." Chen Zhiwen shook his head and laughed, 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.

"There is one more thing. It is becoming more and more difficult to buy large office buildings, which may be the reason why the industry has begun to recover. We can only buy some small ones." Chen Tianfu continued.

"It's okay to buy a small one. It may be more profitable to dismantle it and rebuild it later." 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 collapse of the manufacturing industry, , There was still a lot of capital flowing into industrial real estate. Therefore, in the late 1970s and early 1980s, industrial real estate was still very popular.

The industrial real estate acquired by Xinghe was invested for other projects, and it might be sold in two years, but Hengyi was the brainchild of his father, so he still needed to make long-term plans, at least until 1982.

"That's fine. 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 a turnaround." Chen Tianfu frowned. Said that in fact, he already knew that Li Jiacheng, Lee Shau Kee, Zheng Yutong and other Chinese-funded emerging real estate companies were buying a lot of real estate, and even did not hesitate to expand their shares to raise funds when the stock market was not good, but he didn't know when he had to wait. Fortunately, he had a son Now, he knew that even if he lost the bet, nothing would happen. Otherwise, with such a high leverage, he probably wouldn't be able to sleep at night.

Chen Zhiwen said: "It is estimated that it will recover from next year. Real estate has fallen by more than half. This price is basically within the range that the whole people can afford. In addition, even in the past two years, Hong Kong's young immigrant population is still increasing. , they all have demand for property.”

Real estate depends on population for a long time. This sentence was said by the real estate boss surnamed Wang in later generations. But in fact, modern society is a society of confidence. When the 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 speed up time, allowing future trends to emerge early.

Of course, the source of the strong recovery of Hong Kong's real estate is mainly some policies in the north, and no one knows this.

"Then just wait." Chen Tianfu nodded, and said again: "Let's go, go fishing in the back, and let your mother handle the fish, and we will be responsible for eating."

"Come on, who knows how to cook the messy fish in the sea? I have already prepared the food. Just come up and eat after you catch the fish. I will bask in the sun. It is rare to be able to bask in the sun this summer. This sunscreen glass is still there. It's really good." Wu Xiuling said while lying under the heat-insulating glass with a mask on her face.

"This glass can block sunlight when it is powered on. It's amazing. I can make some at home next time." Chen Tianfu said.

"Okay, no problem, but the house is actually not very useful. There is that kind of electricity that can prevent people outside from seeing the inside, but it doesn't affect the people inside from seeing the glass outside, and it can also block sunlight." Chen Zhiwen explained.

Yachts are a luxury item, so we naturally consider all circumstances. In Europe and the United States, many people like to sunbathe, but no matter how fast the caucasians are, they can’t withstand the summer sun. Naturally, there are many glasses that can block the sun, even in non-summer time. On the contrary, it will become troublesome, so this kind of glass whose electricity affects the light transmittance is used at a high price.

"That's fine." Chen Tianfu packed up his fishing tackle, and brought Chen Zhiwen to the back deck. Although it was summer, the sea breeze in Victoria's harbor was relatively strong, and the sea water absorbed heat, so the two felt quite comfortable.

"Can you fish?" Chen Tianfu asked.

"No." Chen Zhiwen shook his head and said, in his previous life and in this life, he had never caught fish, but he had played quite a few fishing games.

"If you were a backup with me, you probably didn't even have meat to eat when you were a child in the mainland." Chen Tianfu laughed, while preparing for fishing.

"Mainland? Dad, did you often fish and eat when you were young?" Chen Zhiwen asked.

"How can it be so easy, you think you are the only one who knows how to eat fish because everyone wants to eat it, so many people jump into the water to catch fish, but later they are not allowed, and some people use mosquito nets to catch fish, and they are not allowed, so they can only fish , and can only go there secretly at night, and people will check 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, don't talk about eating meat. When I was young, I couldn't eat white rice a few times a year. I almost forgot this kind of life." Chen Tianfu prepared the bait , Throwing the hook out.

Chen Zhiwen did the same, but it was obviously not so natural and unrestrained, but it didn't matter, and then asked: "Dad, have you thought about going back? Do you have any relatives in the mainland?"

"My parents passed away a long time ago, but I still have an elder brother. I heard that he has gone to the capital, so I don't know what happened, but he went to high school and can read and write. He should be able to make a name for himself." Chen Tianfu said with some emotion: " Going back naturally wants to go back, but you also know the situation, it is 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." Chen Tianfu nodded and said, suddenly the fishing rod in his hand seemed to move, and he was pleasantly surprised: "A fish has been hooked."

"Damn it, so fast?"

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