Chapter 1132 One shop raises three generations

   Soon, the crowd consciously gave up a passage.

  Li Yikai walked along this passage and walked in front of Xia Jingxing, and then looked at Xia Jingxing, who was a full head taller, without showing weakness, the air was filled with the smell of gunpowder.

   Seeing this, Ren Yigang hurriedly gave Li Yikai a wink. He also didn't expect things to turn out like this.

   No matter who wins or loses in the debate, one of the two will lose face and will most likely take anger on him.

   Whether it was Li Yikai or Xia Jingxing, they were the ones he didn't want to offend.

   However, even though Yigang blinked his eyes a little sour, Li Yikai still had no intention of stopping, and directly ignored the "President Ren" in the eyes of the people at the bottom.

   Looking back, the corners of Li Yikai's mouth twitched slightly. He encountered such a good opportunity today, and it was an opportunity given by Xia Jingxing himself. He must take this opportunity to lose face of Xia Jingxing and let out the anger in his chest.

  What **** financial tycoon, Xia Jingxing was still in middle school when he swallowed an elephant and acquired Hong Kong Island Telecom, what qualifications did he have to show in front of him.

   "Mr. Xia, you said that there will be a financial crisis in the world, but you didn't specify the exact time of the outbreak. Do you mean in one year, three years, five years, or ten years?

   If I give a broad period of time, I can also predict that a global financial crisis will break out in the future, because this is an economic cycle issue and cannot be violated. "

  Xia Jingxing replied with a smile: "It's coming, either in the second half of this year or in the first half of next year."

  Li Yikai laughed as if he had heard some funny joke, and said with a laugh: "Are you sure? There are still more than three months to go this year, Mr. Xia, you judge the time so accurately, it is really impressive.

   Then, Mr. Xia, what if there was no financial crisis during this period? "

  Xia Jingxing sneered: "It didn't happen if it didn't happen, do you want me to create a financial crisis in order to prove the correctness of my view?"

  Li Yikai felt that Xia Jingxing was beginning to fall into the language trap he had set, and said proudly, "I advise Mr. Xia to be more cautious in his words and deeds!

  You fluttered out the sentence "The financial crisis is coming", others may make many investment decisions because of your words, but you don't have to bear any responsibility for it.

  If every financial practitioner makes random and irresponsible remarks like you, the financial industry and even society will be in chaos. "

  Xia Jingxing chuckled, "Mr. Li, what you said is interesting, it's just that people are innocent out of thin air!

  What is free speech? That's the conjecture drawn from several years of research and research by hundreds of employees at Vision Capital.

  If it wasn't for the sincere invitation from President Ren, and if all the friends present today were interested in this topic, I would easily share my company's confidential research report?

  Mr. Li, your situation is obviously small, don't take the heart of a villain to the belly of a gentleman.

   Then again, the friends present are adults, they have their own independent judgment and thinking ability, and my point of view is only a reference, will they not do further research and thinking on their own? "

   Hearing this, the people around smiled knowingly, all agreeing with what Xia Jingxing said.

   In their opinion, Li Yikai was a bit of a stalker.

   First of all, Xia Jingxing provided free consultation and did not charge any money, so why should he be obligated.

   If you need to be responsible for securities investment advice, then so many stock recommendation experts on TV should die 800 times.

  Li Yikai saw that Xia Jingxing was quite able to clear his responsibilities, and no longer bothered, he quickly changed a new topic and talked about the property market on Hong Kong Island, which he is best at and knows best.

   "Mr. Ishay's point of view, if the financial crisis breaks out, the Hong Kong Island property market will plummet."

  Li Yikai pointed his finger around and said, "Almost all the real estate tycoons are present. Don't we have to quickly sell real estate-related assets in order to resist the full-scale financial crisis that is coming in eight or nine months?"

  Xia Jingxing smiled and said, "This must be judged by everyone! It's all said, the suggestion is for reference only.

  If Mr. Li Er is willing to pay 18 billion yuan for financial consulting services, I can consider providing paid consulting services, and at the same time bear the corresponding responsibilities. "

  Li Yikai smiled contemptuously, "Eighteen billion, how dare you think about it, I have never heard of such outrageous consulting service fees!"

"The level of service fees is not the same as the corresponding responsibilities and obligations. Goldman Sachs charges customers one or two hundred million in service fees. If the customer fails to resist the risk, they will slap the **** and leave, and we can accompany the customer to make money. return."

  Li Yikai shook his head and said, "I've never heard of any institution that would provide such a 100% responsible consulting service. It sounds like a scam."

   "Mr. Li, you can eat this rice indiscriminately, but you can't talk nonsense."

  Li Yikai snorted coldly and stopped talking to Xia Jingxing. After looking around the crowd, he said loudly: "The people present are all leaders in the real estate industry, and they are very aware of the trend of the property market on Hong Kong Island in recent decades.

   In the 1980s, after the handover agreement was signed, a large number of Hong Kong people sold their properties and chose to immigrate to the UK, the US, Australia, Canada, and New Zealand. They should be regretful now.

  Ten years ago, when the Asian financial crisis broke out, although Hong Kong Island successfully resisted the attack of international speculators, its own economy also suffered heavy losses.

   In the following years, the property market continued to plummet until it finally rebounded after 2003, and then rose for five consecutive years.

  Last year, there were only 8,000 new homes on the Hong Kong Island, and they were snapped up by home buyers soon after they were launched.

This shows what?

   Explains that as long as the land supply continues to maintain the status quo, and only a few thousand or 10,000 new houses are put on the market every year, then there is no need to worry about selling.

   And according to my observation, the mainland has achieved remarkable results in economic reform over the past few years. It is estimated that it will not be long before high-income people such as the mainland's technology upstarts, private business owners, sports stars, actors and artists will flock to Hong Kong Island to purchase properties.

  Why did they choose Hong Kong Island? "

  Li Yikai smiled at the people around him and said proudly: "Because this is Hong Kong Island, a world-famous free port, funds can come and go freely, and it can be called a paradise for the rich!

   Therefore, under the superposition of multiple reasons, the housing prices on Hong Kong Island will not fall, and will only become higher and higher.

   Even if there is a financial crisis and the housing price is slightly setback, I believe it should be able to rebound soon.

   Besides, there is so little land supply now that real estate companies rarely develop new houses, and mainly collect rent from their own properties.

  After decades of cost amortization, the debt management pressure of various real estate companies is very small.

   Even if the rent drops a little bit, life will definitely go on, you just need to hold on to the property rights and equity of real estate companies and wait for a slow rebound.

   In the past few decades, which crisis has not been overcome like this? Don't be led astray by some conscientious people! "

  The people around nodded, and Rei Er's words came to their hearts.

   For so many decades, what storms have these real estate giants not experienced?

   Indeed, as Li Yikai said, the best way to deal with it is to "keep the same as ever."

   If anyone foolishly sells properties and reduces their equity holdings in the company, then it is really crazy.

   Even the grandma who sells claypot rice in Causeway Bay knows the truth of "one shop raises three generations". Who would sell valuable and inheritable property assets?

  A dozen or so square meters of stalls in prime locations such as Causeway Bay are worth tens of millions of Hong Kong dollars. They feed a family for several generations. It is not just talk, but a real thing.

  Thinking of this, many people looked at Xia Jingxing with strange eyes, and they were almost crippled by this kid.

  The land and property are the roots of a family, can they be sold at will?

   Now it's Li Yikai's turn to look at Xia Jingxing with the look of a clown jumping on the beam, isn't it crazy? say something!

  Xia Jingxing admits that what Li Yikai said has some truth. Today, major real estate companies have indeed become charter companies, and they can easily collect tens of billions of dollars in rent every year, which is the kind that guarantees income during drought and flood.

  The low supply of land ensures the continuous rise of housing prices. Although real estate companies cannot make too much money in the sales of new houses, the business of self-owned properties is very stable.

   Take the Xinhongji in the previous life as an example, the total assets of the company are as high as 500 billion, and the debt ratio is only 10% of the mere 10%, that is, 50 billion liabilities, and the rest are all net assets.

   This is because the previous generations kept building and selling buildings, and then used the profits to build various office buildings, commercial centers, and residences.

   In other words, as long as the house does not collapse, the real estate family can collect the rent from generation to generation, and then the rent is deposited into the trust funds of the major families, and the children and grandchildren will enjoy the happiness...

  It doesn’t matter if the building collapses or is old, as long as the land is still there, it’s just a matter of building the building on the spot and renting it out.

  The rental income of tens of billions of dollars a year, and then the company pays huge dividends every year, what a terrible number it is after decades.

   The old money in Hong Kong Island is probably far more than the "paper rich" rich people in other regions in terms of cash holdings.

Everyone who knows    knows that, the situation is like that, it is set, or it is difficult to return.

   In fact, after the Hong Kong Island property market was hit by the financial crisis in 2008, it fell for a year and a half, and immediately returned to its original upward trajectory.

   From this point of view, Li Yikai's analysis is not a problem at all, because real estate has already been played out by these people, and he really understands it too well.

Xia Jingxing looked at the smug Li Yikai with a smile on his face and said, "Every company and every family is different, just like the Li family and several other big companies can deal with various crises calmly, don't The company is not good to say.

  Mr. Li, you take the situation of your own company as an example, which means why not eat minced meat. "

  Li Yikai was stunned for a moment, why not eat minced meat?

   was sent to the United States at the age of ten. Li Yikai, who was studying at Menlo Park Middle School in California, really didn't understand this allusion, but he probably understood it according to the context.

   He mocked and said: "Mr. Xia, you are not from Hong Kong Island, and you don't understand the desire and complex of Hong Kong people for houses in their bones.

   So don't copy your financial views onto the Hong Kong Island property market, lest you smash your financial tycoon's brand. "

  Xia Jingxing smiled, "Don't jump to conclusions, unless Hong Kong Island is not a part of world finance, it is impossible not to be affected by the financial crisis."

  Li Yikai sneered: "Then let time prove everything!"

   Seeing this, Yi Yi Gang quickly stood up and said: "Thank you Mr. Xia and Mr. Li for bringing us a wonderful sharing! I also benefited a lot from watching it next to me!"

   Having said that, Yi Gang took the lead in applauding, and the surrounding crowd also applauded.

  Because of the sudden interruption of Yi Gang, the debate between Xia Jingxing and Li Yikai ended like this, and the winner was not decided.

  Li Yikai walked away quite proud, he felt that he had regained some of his lost face today, and left Xia Jingxing speechless.

   After eight or nine months, if the financial crisis hadn't struck, he would have to pull out Xia Jingxing and whip the corpse, stomping on the opponent's face.

  Xia Jingxing held an indifferent attitude, and let the second child go crazy for two more days. A grasshopper in the autumn will not be around for a long time.

   (end of this chapter)