Chapter 537 If you don't buy it now, when will you wait!

The main purpose of Zhao Jinshan's coming to Li Weidong was of course not to discuss how to educate children. He also hoped that Li Weidong could point out another way to make a fortune.

After a few chats, Zhao Jinshan talked about his money making in recent months.

I saw Zhao Jinshan said: Chairman Li, I listened to you before and went to South Korea to make a lot of money, but now there is not much money in South Korea. I don't know where to look for business opportunities next. Point and point me!

It's not that South Korea is completely out of money and water. They accept the aid from the International Monetary Fund, and at the same time accept their additional conditions. They have opened up many industries, and these industries will bring great profits. This is the real What about the fat meat!

Li Weidong paused, then continued; It's just that it's not our turn to eat this piece of fat. The additional conditions designed by the International Monetary Fund are mainly for Wall Street's acquisition of South Korean assets.

Looking at the entire East Asian region, it has basically been scoured by international financial giants, so how many business opportunities are there? Mr. Zhao, have you made hundreds of millions of dollars in the Asian financial crisis? There are too many, it's time to stop!

Stop? Zhao Jinshan was taken aback for a moment, this was not the answer he wanted, and then he said, Chairman Li, I think those international financial giants have no plans to stop.

Li Weidong opened his mouth to explain; The ones that can be attacked by national financial giants must be areas with a relatively open financial system, otherwise, even if hot money goes in, it may not be able to come out.

Looking at the entire East Asian region, the financial system is relatively open and has not been ransacked by international financial predators, so Hong Kong Island is the only one left. I don’t think you will follow those hedge funds to short Hong Kong Island, right?

Of course not! No matter how ignorant I am, Zhao Jinshan, I will not harm the interests of the country for the sake of making money. If I really do that, the old man at home will abandon me! Zhao Jinshan said.

Li Weidong spread his hands: That's why I said, we should stop now.

A trace of hesitation appeared on Zhao Jinshan's face, and then he said, In addition to Asia, there are also business opportunities in other places. I heard some news that some hedge funds plan to go to the European market.

The financial systems of European countries are much more sound than those of Asian countries. Moreover, European countries have developed for so many years, and their foundations are relatively rich, and there are no obvious structural problems in the economy. International financial giants are unlikely to replicate Asia's success. Li Weidong said.

Zhao Jinshan smiled slightly and answered, I'm not talking about Western Europe, but Eastern Europe!

You mean Russia, right? Li Weidong immediately understood Zhao Jinshan's intentions.

Zhao Jinshan nodded: Russia is different from those Western European countries. I have studied Russia specifically, and their financial system has only just been established in recent years, and many places are immature.

Moreover, since the disintegration of the Soviet Union, Russia's economy has not been doing well. Their economic structure is worse than that of many Southeast Asian countries. Although I don't know about structural problems, I know that Russia's economy must have many problems.

The most important thing is that Russia is a big country. The so-called centipede is dead but not stiff. The Soviet Union was so rich back then. Russia inherited the Soviet Union, and its family background is still very rich.

Li Weidong shook his head: Mr. Zhao, if you believe me, you'd better not go to this muddy water in Russia. The fighting nation is unreasonable. If you are not careful, you will lose all your money. possible.

Battle nation? Zhao Jinshan had obviously never heard of this nickname.

This is used to describe the Russians. It means that they are tough, unrestrained and fearless by nature. But many of them do some unimaginable things because of this. Li Weidong explained.

I see, this adjective is quite appropriate,

I know a few Russians who whistle at every turn! Zhao Jinshan nodded.

There is no dispute that the Asian financial crisis erupted in Thailand.

As for the end of the Asian financial crisis, some people think that China won the financial defense war on Hong Kong Island, and some people think that it is Russia's debt crisis.

After the disintegration of the Soviet Union, Russia has been using shock therapy. As a result, the economy has fallen into recession, and its gdp has shrunk by 40%. It can only rely on selling oil and natural gas to maintain the normal operation of the country.

There are many problems in the Russian economy itself, and then shock therapy was implemented, and many places directly copied the Western European system, resulting in many hidden dangers in their financial and economic systems, which happened to be the target of attacks by international financial predators.

After the outbreak of the Asian financial crisis, the international financial giants immediately targeted Russia after harvesting a circle in East Asia.

Hong Kong Island has a relatively complete financial system, and it must rely on the strength of the country to fight against international financial giants. Russia's fragile and unsound financial system collapsed instantly after facing the attack of international financial predators.

Capital flight, currency depreciation, and debt repayment are difficult to repay. What happened in Southeast Asian countries also appeared in Russia.

However, international financial speculators have underestimated the fighting nation, and the financial warfare of the fighting nation is completely unruly. Russia directly made a big move, announcing an extension of the debt repayment period, or repaying debts with commodities.

For example, the debt originally due in 1998, Russia said it would not be repaid until 2000.

But you said that you want to postpone the repayment, who knows if you will continue to postpone it in 2000? If it was postponed once, wouldn't it be postponed for the second time? If the delay continues, the money will not be paid back?

What's more, it also includes factors such as inflation and currency devaluation, among which there are too many uncertain factors.

In the international debt market, unconditionally announcing an extension of debt repayment is almost equivalent to bad debts.

As far as international financial speculators are concerned, although shorting the ruble can make a profit, the money can only be withdrawn after a few years, and it is still unknown whether the money will actually be available after a few years. This is undoubtedly a waste of money drift.

International financial speculators are all playing with leverage. Hundreds of millions of dollars can leverage tens of billions. It is precisely because of this that they are all pursuing short-term profits, and they run away as soon as they make money.

With dozens of times of leverage, how can international financial speculators wait until a few years to get their profits! They can only close their positions and bear the losses themselves.

Therefore, the international financial speculators who went to the Russian market to make money at that time, including Soros, ended up losing their money. They were still too naive. They didn't expect that the fighting nation would not play their cards according to the routine.

If the creditor does not want to postpone, Russia also provides a second method of repaying the debt, which is to use commodities to repay the debt.

Russia's heavy industry is still very strong, such as metallurgical products, machine parts, electricity, energy, and even weapons and nuclear fuel are included in the list of debt repayment commodities.

When repaying Kazakhstan's debts, Russia gave Kazakhstan more than 70 military aircraft and the s300 air defense missile system.

From this perspective, Russia is very sincere even if it dares to take out nuclear fuel to pay off its debts.

But Russia's creditors, as long as they are still Western European countries, and the industrial capabilities of Western European countries are also outstanding, they do not lack Russian industrial products, and it is impossible for NATO to equip Russian weapons.

If you don't have money, but you don't want the goods, you don't want to pay the debt, and the Russian debt crisis broke out.

Russia's use of this trick, although it made many international financial speculators lose their money, it also caused the country's credit to plummet. Since then, the status of the ruble has plummeted, and it has not slowed down until today.

Russia's debt crisis has also implicated many European sovereign funds, causing heavy losses to many Western hedge funds.

The most typical example is the American Long-Term Capital Management Corporation, which is also a well-known hedge fund in the United States engaged in debt arbitrage. Together with Quantum Fund, Tiger Fund, and Omega Fund, they are also known as the Four Heavenly Kings of hedge funds.

Meriwether, the head of this company, is known as the father of Wall Street debt arbitrage. The partners include two Nobel Prize winners in economics, the former US Deputy Secretary of the Treasury, and the Vice Chairman of the Federal Reserve. A fantastic combination.

However, in the Russian debt crisis, the hedge fund suffered. At that time, they played with a leverage of 60 times and placed a heavy bet of more than 300 billion US dollars, hoping to make a lot of money. As a result, in less than four months, he played himself to death.

Fortunately, the vice chairman of the Federal Reserve is a partner of Long-Term Capital Management. In the end, the Federal Reserve personally came forward and arranged for 15 international financial institutions to inject capital, which saved Long-Term Capital Management from bankruptcy.

Li Weidong suggested that Zhao Jinshan not go to Russia to do things, and I don't know if Zhao Jinshan can listen to it.

I saw Zhao Jinshan then asked: Chairman Li, to be honest, I did make a lot of money this time, and I have accumulated a lot of funds in my hands. I can't keep so much money in my hands all the time, right? , we must find a place to invest!

It's true, you are a financial investment company, and the money in your hand must always flow.

Li Weidong thought for a while and said, There is a place worth investing in, and that is NASDAQ in the United States. It's not too late to enter now.

Are you asking me to buy American stocks? Zhao Jinshan asked.

Li Weidong nodded: Especially for stocks in the Internet industry, it is very suitable for short-term investment. At least the next year will be bullish, and it will be difficult to say after one year.

During the Asian financial crisis, the wealth of Japan, South Korea and Southeast Asia was looted, but wealth can't just disappear, right?

Japan, South Korea and Southeast countries have accumulated wealth over the years, how can we say that it is gone!

Where did all this wealth end up?

Two years later, the Internet bubble in the United States told the world the answer.

As early as 1994, the Internet bubble in the United States began to blow, and the Nasdaq index, which mainly gathers technology stocks, began to rise continuously. Bill Gates also became the world's richest man in that year.

After the outbreak of the Asian financial crisis, Wall Street searched for a large amount of capital in Asia, and Japan also experienced capital flight, and finally these capitals were gathered in Nasdaq in the United States.

In 1998, the Internet bubble in the United States could continue to expand for two years. It is not too late to enter the market now, and you can still have a bite of meat.

Li Weidong's remarks made Zhao Jinshan feel like a treasure, so he quickly took notes.

Then Zhao Jinshan asked: Chairman Li, you just said that Nasdaq is more suitable for short-term investment, but what about the long-term?

Are you still making long-term investments? Li Weidong was slightly taken aback.

In Li Weidong's impression, Zhao Jinshan's financial investment company should be similar to those hedge funds. Wherever there is a smell of blood, they will fly there, and run away after earning a sum of money.

Zhao Jinshan replied: It can't always be short-term! Long-term income is relatively stable. Of course, it is best to have a relatively high rate of return.

Li Weidong thought for a while, and said, For long-term investment projects, it is not uncommon to have a higher rate of return.

What is it? Zhao Jinshan asked immediately.

Li Weidong didn't answer, but said with a smile; Mr. Zhao, I'm also more interested in long-term investment. It just so happens that I have some spare money on hand. For example, how about counting it for me?

Chairman Li is here very soon, I wish for it! Zhao Jinshan immediately showed a joyful expression.

Zhao Jinshan is eager to recruit Li Weidong into the group. After all, Li Weidong will not joke with his own money. If Li Weidong is willing to come, it means that this investment project will definitely make a lot of money.

On the contrary, if Li Weidong opened his mouth and refused to invest real money, Zhao Jinshan would feel a little guilty.

Li Weidong said, Mr. Zhao, your financial investment company is mainly operating in Hong Kong Island. Recently, the housing prices in Hong Kong Island have dropped a lot, right?

It has dropped a lot, and no one has bought it even after the price reduction. Zhao Jinshan said.

This is a very good investment direction! The economy of Hong Kong Island still has great potential for development in the future. Now, taking advantage of the downturn in Hong Kong's property market, it is a good opportunity to buy the bottom! Li Weidong said.

You mean, to invest in real estate on Hong Kong Island? Zhao Jinshan nodded suddenly, and then continued;

This is a good investment direction. I have heard for a long time that buying a house in Hong Kong Island is guaranteed to make a profit without losing money. Many rich people on Hong Kong Island started their careers in real estate.

Li Weidong said, I'm not talking about residences, but shops! Taking advantage of the cheap housing prices, go to a bustling place like Causeway Bay, buy a street of shops, and wait for the value to rise in the future!

Shop? Is that a high return on investment? Zhao Jinlong asked subconsciously.

Of course it's high. There's a saying that one shop can raise three generations. After a few years, the shops in Causeway Bay can make one shop rich for three generations! Li Weidong said with a smile.

The Asian financial crisis has had a huge impact on the property market on Hong Kong Island, and this is also the best time to buy a house on Hong Kong Island. After this period of time, Hong Kong Island's economy developed rapidly, housing prices soared all the way, and it became a luxury for ordinary people to buy a house.

A Victoria Bay sea-view house at HK$4,000 per square foot is simply unimaginable now, but at that time it needed a good floor to sell.

At that time, the price of 190,000 units of public housing could rise to tens of millions after more than 20 years.

The same is true for shops. In Causeway Bay, the most prosperous area, the prices of shops have also dropped to the price of cabbage.

In the future, the monthly rent for a square meter here can reach 180,000, and the monthly rent of a small shop can easily be in the millions, and there are many shops with a monthly rent of more than 10 million.

The charter king earns more than 10 billion a year just from renting shops. On Hong Kong Island, there are many rich and small businessmen who are hired by celebrities and young models. They don’t actually have any business at home, but they only have a few shops that can be rented out.

Compared with investing in residential properties, the rate of return on investing in prosperous shops is much higher.

Now is the time when housing prices on Hong Kong Island are the lowest, if you don’t buy now, when will you wait!

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