Chapter 137 Winter is coming
Fang Hexuan easily got rid of Xu Shixun by talking nonsense.

As for how the other party would curse him after hanging up the phone, Fang Hexuan didn't care at all.

His main goal had been achieved, and the small sacrifice of being scolded was inevitable.

As long as Xu Shixun is not stupid, he will definitely be able to guess Fang Hexuan's intention.

With the Xu family's assets of several billion, they are only slightly better off than Fang Jinpeng and others.

Fang Hexuan really looks down on him!
If Xu Shixun had known better, he would have forbidden Xu Jinheng from having any ideas about his sister.
That's the end of the matter.

Thinking of this, he called Liu Juncheng.

"Jun Shao, Xu Shixun just came to me to ask for an explanation, and I promised him that I would not continue to mess with his son."

When Liu Juncheng heard this, he immediately said unhappily:
"Pick! His son dares to play so wildly, is he afraid of being exposed?"

"Okay, why are you complaining to me? Do you still want to continue with your magazine?"

"Of course, Brother Xuan, the editor has already written the story and is waiting for the next issue to be published."

"I don't care. You can do whatever you want, as long as you can withstand Xu Shixun's firepower."

"Hey, what are you afraid of? I didn't mention him by name, so what can he do?"

"I'm not going to waste my time talking to you. I'm hanging up!"

Fang Hexuan really didn't have the energy to pay attention to Xu Jinheng's crotch issue anymore.

After the New Year, he was also busy with relocation.

Wanda Real Estate moved from North Point to Global Building, and Fang Hexuan's office also moved there.

This will temporarily serve as the headquarters of Fang Hexuan's business empire.

Standing in front of the French windows on the top floor of the Global Building, looking out at the cargo ships coming and going in Victoria Harbor,
He silently pondered what actions to take this year.

Since Reagan was inaugurated as the 1th President of the United States on January 20,

Fang Hexuan had been looking forward to his next move.

Sure enough, on February 1981, 2,
Reagan proposed the famous Economic Recovery Plan in his State of the Union address.
This later became known as "Reaganomics".

There is a policy here that Fang Hexuan attaches great importance to - controlling the money supply to reduce inflation.

That is, "contractionary monetary policy" in economics.

In this way, the Federal Reserve will reduce the supply of dollars, and domestic interest rates in the United States will have to rise.

As we all know, when the United States raises interest rates, other countries feel particularly painful.

First, when the United States raises interest rates, the demand for the US dollar in the foreign exchange market will also increase.

Since most global trade is settled in US dollars, higher interest rates may cause the relative value of other countries' currencies to depreciate.

This will make it more difficult for other countries to export and will also increase the cost of importing goods to other countries.

This is not a big deal. Export-oriented and outward-oriented economies like Japan may be more pleased to see it.

But those countries whose export competitiveness is insufficient, or whose imports exceed their exports, will take a deep breath.

Specifically in Hong Kong, it will cause the Hong Kong dollar to depreciate relative to its value.

Second, when the United States raises interest rates, U.S. stocks will also fluctuate due to the ripple effect.

The stock markets of many countries are correlated with the U.S. stock market.
Since the Hong Kong dollar is pegged to the U.S. dollar, Hong Kong stocks will inevitably suffer from the knock-on effects of U.S. stocks.

Third, when the U.S. raises interest rates, foreign investors may move their funds to the U.S. to obtain higher rates of return.

This will lead to capital outflow from other countries, making the economies of other countries more difficult.

All three points will affect Hong Kong, a city that is mainly based on trade and finance.

Among them, the damage caused by the third point will be very obvious.

The most direct impact is that it will cause Hong Kong's land market, property market and rental market to enter an inevitable downward cycle.

How could Fang Hexuan not have made preparations earlier, knowing this history? In fact, he was definitely not the only smart person.

There are many signs in the market that can provide evidence for those with a keen sense of smell.

For example, in January 1980, Wanda sold the Golden Gate Building to the Carrian Group for HK$1 million.

For example, the Federal and International buildings were sold twice, in August 1980 and January 8.

The price soared from 10.89 billion in the first time to 22.35 billion.

In just five months, the market value has more than doubled.

This can no longer be called rational investment, but crazy speculation!
The intensified property speculation craze has further pushed up land prices and residential housing prices.

It is even far beyond the actual bearing capacity of Hong Kong citizens.

The Hong Kong government has introduced various measures to curb this unhealthy economic behavior.

For example, heavy taxes are imposed on speculation in pre-sale properties, but it is useless.

But if the measures were introduced by the US President, the effect would be completely different.

The US interest rate hike will also cause Hong Kong's interest rate to rise through a linkage effect.

Major banks and foreign financial companies will naturally adopt a conservative policy of credit tightening.

Those speculators who take out loans to invest in real estate will first face high borrowing costs.

In addition, hot money involved in investment activities in various industries in Hong Kong will certainly take this opportunity to flow back to the United States.

It will inevitably bring more unfavorable conditions to Hong Kong's economy and stock market.

When the economy is booming, companies that are making money may also be involved in real estate investments.

When the stock market is on the rise, those real estate companies that have already been listed can raise sufficient development funds from shareholders.

But as the economy and stock market begin to decline, many companies will face reduced profits, increased debt pressure, and even bankruptcy is likely.

Real estate developers who could have pumped money from the stock market were forced to stop buying land and developing new properties.

In short, the destructive impact of Reaganomics on Hong Kong’s land and property markets is foreseeable.

Not to mention, by next year, the Zhongying negotiations would be another bombshell.

Fang Hexuan would not miss this once-in-a-lifetime opportunity no matter what.

He had thanked Khomeini before, and now he wanted to thank President Reagan.

Last year, Fang Hexuan had already begun to slowly convert most of the Hong Kong dollar assets in his personal and all company accounts into US dollars.

At least, during this wave of appreciation of the US dollar, he will always make hundreds of millions of Hong Kong dollars due to the exchange rate difference.

When he has enough money in his hands, those high-quality assets that have been affected by the fluctuation of Hong Kong stocks and the decline of the local real estate market,

He must have taken advantage of the situation to get it.

The layout cycle will take more than a year, and Fang Hexuan enjoys the feeling of waiting.

By next year, his business empire will face another expansion.

Wanda Real Estate will definitely become the leading real estate company in Hong Kong.

And the Jianing Group will also become a rare piece of fat meat in Fang Hexuan's mouth.

The Golden Gate Building will return again and, like other buildings, become a high-quality property under Fang Louwang.

In addition, the account between him and the Fang family will also have a satisfactory conclusion next year.

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　Thanks to book friends 20171029004947168 and book friends 20230318044509636 for their recommendations!

(End of this chapter)