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Rebirth capital madman - Chapter 1215

Published at 23rd of February 2023 06:23:20 AM


Chapter 1215

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Taking into account the factor of inflation, Gao Xian's strategy of spending money for time is even more cost-effective.

For example, about 20 hectares of the land where Xiangjiang Financial Street is located was provided by reclamation, and the coastline was pushed forward by up to 350 meters. It is one of the core projects of the Xiangjiang new airport construction plan. The plan for this reclamation project has been proposed for a long time. Taking advantage of the economic impact of the global stock market crash on Black Monday in 1987, it was launched before the end of the year in a clean way, with a capital of just over two billion Hong Kong dollars. , and it was completed, saving hundreds of millions of Hong Kong dollars compared with the "old script", at least 15% of the range.

Gao Xian’s strategy of exchanging money for time, which only he can deeply understand the value in advance, is more vividly expressed in the development of the land where Xiangjiang Financial Street is located. Skyscrapers on the ground and underground subway stations, as long as the construction conditions are met After that, they all advance their work in parallel.

In the second half of this year, the new wharf, Changqing Hotel and Changqing Garden will be put into use one after another; the subway station, the International Finance Center Building, etc. will also be put into use next year, at the latest the year after.

After the official opening of Changqing Hotel and Changqing Garden, the reception work for the Xiangjiang Global Financial Leaders Investment Summit began, and the success of Gao Xian's strategy of throwing money for time was immediately reflected. Such a high-end star hotel and Serviced apartments can be said to be hard to find. No matter how powerful the financial group is, if they want to get close to the human resources of the Xiangjiang Global Financial Leaders Investment Summit, they have to use their brains.

To put it bluntly, Xiangjiang Financial Street is a huge and important fixed asset investment of Xiangjiang Development Investment Fund. It is a healthy reflection in the financial statements of Xiangjiang Development Investment Fund, and there are no hidden bad debts.

The so-called invisible bad debts, just to give an example, the bank has a debt of 10 billion that is due, and the company can't pay it at all, but the bank can't afford to offend, or there are other reasons that cannot be explained, so the debt can only be postponed for ten or two years For ten years, the condition is that the interest rate has increased a little bit in a decent manner, and the books are stable, but the risk of hidden bad debts has actually increased.

The financial relationship between the foreign exchange fund of the Xiangjiang Monetary Authority, the Xiangjiang Development Investment Fund, and the Xiangjiang Financial Street Management Co., Ltd. is controlled by Gao Xian, so it is truly stable.

After Willard Butcher used the importance of the Rockefeller Center complex to New York to compliment the significance of Hong Kong Financial Street to Hong Kong International Financial Center, he expressed another sincere admiration, within the scope of Gao Xian's actual control, Whether it is the Hong Kong Monetary Authority, Gao Yi, Gao Xing, they have hardly been affected by the severe recession of the world's major capitalist market economies. It is so wise!

Using Rockefeller Center as a metaphor for Xiangjiang Financial Street inevitably has some subjective factors. Whether others accept it depends on their mood. In this global economic recession, Gao Xian’s wise leadership is objective. After all, the result of loss or not , right there.

The capitalist economic crisis that occurs about every ten years has its own characteristics when powders appear on the stage, and the impact on the big bosses in the capital circle is also different.

In the face of the global economic recession in the early 1990s, Chase Bank of the United States was mainly troubled by two major problems. One was the default of loans from underdeveloped countries, and the other was the default of loans from real estate developers. Other Wall Street giants also had problems. similar situation.

Obviously, not everyone can get involved in the loan issue at the national level.

When David Rockefeller was in charge of the Chase Bank of the United States in the 1970s, he was able to set up the offices of the Chase Bank of the United States in the capitals of the Soviet Union and China. You must know that the Cold War was raging at that time, which shows his energy. It is hard to imagine the level of business development of Chase Bank in Latin America, Africa and other markets.

The scope of the real estate crisis this time is even wider. For example, in the United Kingdom, because the City of London is too small, and the new financial core area that is still under construction-Canary Wharf, there is a depression; The example of the real estate market is easier to understand concretely. In the future in the "old script", it is unreliable to sit on the throne of the US president. Now that his main business identity is a real estate tycoon, he will fall into a business crisis. Some of the lender Citibank is playing games, and even Citibank itself may have to change its appearance.

Gao Xian has hardly been involved in the issue of loans to underdeveloped countries, because this kind of business is firstly an old-fashioned business, and Gao Xian's background is obviously young; If you don't have the level of resources you can directly grasp, there is no need to make a fuss. In a mature and developed capital market, it would be a pleasure to conduct new business of investment banking.

As for the issue of real estate loans, Gao Xian has been deeply involved in it, but Wanguo Land, a subsidiary of Heung Kong Land, has real estate business in the UK including Canary Wharf property development in London; Gaoxin Industrial’s real estate business in Canada and Australia; Gulf West The real estate business of the company, as well as the real estate business of the deeply affected Howard Hughes Group, are obviously easy to handle. There is no unreliable real estate kingdom at all, and the huge risk of bankruptcy and reorganization.

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As for the real estate business controlled by Gao Xian in Xiangjiang, and even the entire Xiangjiang economic system, which is also in a low period, is even more orderly.

No wonder Willard Butcher is going to sacrifice his knee for this.

Naturally, Gao Xian did not want to limit the pattern to the level of mutual flattery. He concluded: "The emerging markets in Asia, which the media call the Four Tigers and the Four Tigers, have indeed shown signs of decline compared with the general decline in North American and Western European markets. There is a big difference, which should be the unique vitality of emerging markets.”

Willard Butcher nodded, "Through my scheduled retirement and Thomas LaBreck taking over as CEO, the board hopes that the new management will be able to solve the problems that Chase Bank is suffering from real estate developers and underdeveloped countries. Troubled by breach of contract."

Gao Xian smiled slightly, "Thomas Labrec will also be here soon. Everyone can communicate freely at this Xiangjiang Global Financial Leaders Investment Summit, and try to find solutions to common and local problems."

Willard Butcher tentatively said: "I'm already retired, so I can speak more casually, Sir Gao, do you think, in the field of investment banking, can Chase Bank and Gao Yi cooperate more comprehensively and deeply? "

Gao Xian frowned. Was Willard Butcher talking about the new CEO of Chase Bank, Thomas LaBlake, or other members of the board of directors of Chase Bank, or even David Rockefeller?




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