v2 Chapter 1505： cause concern

It was Bao Zixuan who knew Shen Bi better, and he did have a more profound plan at the moment. If it can be implemented as planned, it will be a huge boost for Heungkong's financial industry. Coupled with the advantages of HSBC's network and brand, it will inevitably become the biggest beneficiary.

Even Heiyun Bank does not have as many branches and branches as HSBC at this time. After all, they have developed for more than a hundred years, and their business in many places is deeply ingrained; it is not easy for other banks to plug in. This is also the confidence of Shen Bi, a confidence that can bring HSBC back to the top of the Hong Kong River.

Even if you know, in terms of asset size; HSBC is far from Heiyun Group or even Hutchison Whampoa. But it does not rule out that it can occupy the commanding heights from another aspect. At least Shen Bi didn't want to lose the bank's influence. Due to the Hong Kong dollar crisis, HSBC lost part of its coinage rights because of damage to the interests of the people of Hong Kong.

Then Heiyun Bank relied on its technological advantages, especially the extensive use of ATM machines, which made HSBC's customer scale in Heung Kong already surpassed by Heiyun. In fact, these Shen Bi can be accepted, and there are reasons to convince the board of directors.

With the return of Hong Kong, HSBC will not be so appropriate to exist as a quasi-central bank; it makes sense to give up some functions and privileges. If you want to continue to be the leader of the Hong Kong banking industry, you must do things that all banks are convinced and satisfied with.

In fact, Shen Bi was somewhat envious of Heiyun Bank and Yuan Tianfan, if he were in his position. It is estimated that Heiyun Bank has long become the unshakable overlord of the Hong Kong Bank. It's just useless to think about these now, it's more practical to let HSBC grow and increase its influence. He is about to leave the company he has worked for his entire life, and he is still retiring as chairman; at least leave a room for his successor with great prospects for development.

The arrival of Governor Yoder made the atmosphere of the scene strange. After all, everyone knows that before, it was the stage of mutual testing; now it is finally time to see the true chapter.

What people did not expect was that Youde walked directly towards Bao Zixuan. What kind of operation is this, even the richest man in Bao is a little confused. Could it be that I haven't seen him for a long time, the old guy misses him, but this can't be explained at all. After all, the relationship between the two is not that familiar. Is there anything else going on here.

Just came here to find yourself, plus the other party is the governor, it is not easy for the richest man to refuse. In the future, the industry in Xiangjiang will never be discarded, and it will not dare to throw it away. For the goodwill released by Youde, I really can't refuse.

Youde said with a smile: "I heard that you are back, and I have wanted to meet you for a long time. It's just that I was worried that you haven't been in Hong Kong for so long, and there are many family and company affairs, so I didn't bother. Now I just happen to see you here. It also saves a lot of trouble.”

Unexpectedly, the Governor said so, which made Bao Zixuan a little confused. Does the old boy have something to do with him, or is there any other purpose. But people didn't say it, and they didn't ask much. How to say, the other party is also the Governor of Hong Kong, where is his identity and status.

Bao Zixuan said with a smile: "I just came back, but let the Governor miss you. Next time if you have anything, just ask the secretary to call me directly; but don't say anything to disturb you. It's a little embarrassing."

If you don't know the other party's purpose, it's better to continue first. So as not to trouble yourself, or even cause unnecessary misunderstanding. After all, you still have to see what the other party has to say, and then respond accordingly. Both Li Zhaoji and Fok Yingdong knew about the Middle East; as the Governor of Xiangjiang, Youde couldn't possibly not know.

That is to say, the discourse of relocating the main body of the black cloud to the UK will definitely not be thought of. The British have hinted in many ways before, but the richest man in the package has refused for various reasons. At this stage, even less so. But suddenly being so polite must have something to ask for. As an official from a veteran diplomat, Youde looked very polite; but he was the only one who knew what was in his heart.

Youde said with a smile: "It's not a big deal, it's just related to the future development of Xiangjiang's economy. I want to discuss it with you. After all, recently, due to the superposition of various factors, the Hong Kong real estate market has fluctuated greatly."

"Although you're not in real estate development, you can help analyze the problem from another angle."

The latest wave of real estate price hikes started at the end of 1975; the government started a subway construction plan in 1976, which boosted the value of urban land. In 1978, the "Home Ownership Program" was implemented, which solved the housing problem of 2.225 million ordinary citizens. In 1977, the population of Hong Kong exceeded 4.5 million, and in 1979 it reached 5 million.

The increase in demand has made the supply of buildings in short supply, and emerging towns have gradually formed. Following the rapid development in the late 1970s, the Hong Kong real estate market reached a climax in 1981, but the subsequent global economic crisis and the negotiations on the Huaying Hong Kong issue caused a crisis of confidence among Hong Kong people. At the end of 1982, Hong Kong property prices fell by 60% compared with 1981, and the real estate market completely collapsed in 1983.

Although it has improved, it is still far from what it used to be.

After all, people in Xiangjiang are watching and don't dare to buy a house. Especially when Bao Zixuan made such a big noise in Fucaira. Media coverage is one aspect, and the most important thing is a little relationship; or a family who can afford a house has some relationship and channel.

The Heiyun Group is likely to develop in Fucaira in the future, so it is not a good thing for the Hong Kong economy. In fact, since the 1970s, it has been the formation stage of Heung Kong's industry towards modernization, diversified development and an international financial center.

Time has come to 80 years; Hong Kong's economy has developed rapidly, whether in processing industry, foreign trade, transportation, finance, construction, tourism, etc. Gradually form an industrial city based on processing industry, dominated by foreign trade, and characterized by multiple operations.

The development process of Heung Kong's industry has some characteristics that are not exactly the same as other countries and regions: export-oriented, industry and trade have a symbiotic relationship; light industry is dominant; small enterprises are the majority, and they are highly adaptable, and so on.

These characteristics are determined by the inherent small environment of Xiangjiang itself. Hong Kong itself lacks natural resources, and industrial raw materials and semi-manufactured products mainly rely on imports; it has a large population and a small land, but it has a natural port in the world; the internal market is limited, and most of its products need to be exported. Therefore, the development of industry, from the input of raw materials to the output of products, has to rely on foreign trade. Without foreign trade, Heung Kong's industry and the entire economy will be suffocated. On the other hand, due to the advantages of less investment in light industrial tools, short production cycle, fast capital turnover, and strong adaptability, Heung Kong embarked on the road of developing light industry from the very beginning.

It can be said that except for the Heiyun Group, the vast majority of enterprises are engaged in light industrial production.

However, light industrial products do not have any technical content in themselves. Moreover, Xiangjiang products basically belong to the lowest end of the industry, or are foundry manufacturers. European manufacturers have their own popularity; it can even be said that they have become luxury goods. Therefore, the added value of the brand is very high, and the enterprise has a relatively deep background and precipitation.

However, Xiangjiang is different, all orders received relying on labor costs and transportation advantages. If these two advantages are lost, it will be very difficult for enterprises to survive.

Now that Southeast Asian countries are rapidly rising, UUkanshu China's labor costs and land costs have obvious advantages. If Xiangjiang does not change, or does not embark on a path suitable for its own development. Then the final result can be imagined, the decline is even inevitable.

If a city wants to develop, it may be possible to rely on the financial industry, but it has great drawbacks. A small population may not be a big problem, knowing that the financial industry does not need so many practitioners. Although it can be said that everyone in Hong Kong invests in stocks, it cannot rely on this alone; it does not engage in specific production labor; it gives people the feeling that it is always a little empty.

And the overall economy is not good, let alone how good the real estate market will be.

At present, Youde has no good solution, but he really wants to solve it. Although the return of Xiangjiang is inevitable, it will be ten years later. He does not want to cause a serious recession in Hong Kong's economic development during his term of office.

That is a question of ability, and it has a great impact on reputation. But I also know that I am a diplomat, and I am not good at economic development. London let him serve as the governor of Hong Kong at this time, more to negotiate with the mainland.

If you don't know it yourself, find someone who knows how to do it. After thinking about it, there may be no one more suitable than Bao Zixuan.