Chapter 348 Ready
Since becoming the richest man in Hong Kong, Fang Hexuan seems to have been spending money.
For example, after founding BYD and BMW, he spent money like water at the R&D center in Hung Hom and built a factory and conducted trial production in Shenzhen. Over the course of three years, he spent no less than HK$50 billion on these two companies.
For example, to establish Wanda, he had to acquire buildings, bid for land, and build buildings and shopping centers. Although a lot of the money was borrowed from banks, he still needed to come up with more than HK$30 billion on his own.
For example, in the acquisition of Hutchison Whampoa, in order to complete controlling stake together with Cucumber, he spent more than HK$20 billion to acquire enough shares.
For example, building his own island estate, selling land, reclaiming land, filling soil, and constructing and decorating villas cost him nearly HK$10 billion.
For example, to build its own Lan Kwai Fong, from the acquisition of houses and shops to the subsequent reconstruction and decoration, it also invested nearly HK$10 billion.
For example, Maple Leaf Corporation, which was established in the United States specifically to enter the computer industry, spent 15 billion Hong Kong dollars before the first computer, Maple I, was launched.
For example, he recently bought real estate and airplanes in the United States, and yachts in Europe, spending nearly 50 billion Hong Kong dollars in one go.
If we also take into account various investments and donations, about 12 billion Hong Kong dollars have been spent.
Not counting other miscellaneous expenses, the above items alone probably cost Fang Hexuan nearly 200 billion Hong Kong dollars.
Unfortunately, these expenses either have a long payback period, or are consumer investments, or even if there is output at the beginning, no dividends can be distributed. Basically, no actual benefits have been generated for him so far.
If Fang Hexuan had not had other means of opening up new sources of income in the past two years, he would have probably been emptied out long ago.
Ordinary people might not think there is anything wrong with exchanging their funds for real estate or productive investments.
But Fang Hexuan attaches great importance to cash flow. If he cannot master the use of funds to a certain extent, he will not have any sense of security.
Therefore, despite spending a lot of money, Fang Hexuan is also quietly exploring more ways and channels to make money.
However, he now has a lot of talented people at his disposal, and he does not need to worry about the operational level himself. Everything depends on his highly paid investment team to carry out the work.
For example, he converted almost all of his Hong Kong dollar assets into US dollar assets two years ago.
As the U.S. dollar appreciated against the Hong Kong dollar, from the previous USD/HKD 4.87:1 to the current 6.16:1, he made a lot of money almost without doing anything. From this item alone, he earned nearly 80 billion Hong Kong dollars.
In addition, after becoming the richest man in Hong Kong by relying on gold futures two years ago, although he did not invest heavily in gold again, he still took out US$10 billion to short the international gold price when he knew the general trend. Since he did not use any leverage, he could not make a lot of money, but so far, this US$10 billion short-selling fund has turned into US$22 billion.
Apart from the two sums of money earned by Fang Hexuan's own God's perspective, his investment team has also achieved remarkable results in the past two years.
These investment elites traveled through the financial markets of the United States, Japan and Europe, making frequent moves in the stock market, foreign exchange market, bond market and other fields.
Although there were times when they lost money, over the past two years, the Alphabet Group and Fang Hexuan's personal assets had earned nearly HK$10 billion in profits overall.
Because of their good performance, almost everyone in this team has an annual salary starting at tens of millions of Hong Kong dollars, and sometimes they even receive a collective bonus of hundreds of millions of Hong Kong dollars from the big boss.
In short, although Fang Hexuan spent a lot, the US dollar funds he could use flexibly did not decrease compared to the beginning two years ago, but increased a little.
This is also the most intuitive manifestation of the poor getting poorer and the rich getting richer.
Therefore, although the two major news from the Hong Kong government cast a huge shadow on Hong Kong's investment activities, Fang Hexuan was very happy instead.
Seeing that the Iron Lady's shocking fall is about to happen next month, he has prepared enough silver bullets.
At that time, he will be like a huge beast, buying all the assets he thinks are worth buying in the market, including but not limited to land, real estate, etc.
Although he is not the only smart person, he will definitely be the one who eats the biggest piece of the cake.
Seeing that time was running out, Fang Hexuan made another appointment with Chen Songqing. Not long after they sat down, before they even had time to drink their coffee, he got straight to the point.
"Did you read the news about Bank of China yesterday?"
Chen Songqing nodded expressionlessly, not knowing what the other party wanted to express.
Fang Hexuan tapped the table with his index finger and reminded:
"This is a signal, just like the Tin Shui Wai news last month, you have to hurry up."
Chen Songqing frowned and asked uncertainly:
"So urgent?"
Fang Hexuan rolled his eyes and said sarcastically:
"Do you think everything I told you before was just to scare you?"
Chen Songqing didn't comment, just stared at him.
Fang Hexuan shook his head and sighed:
"It's useless even if you keep an eye on me. If you're not ready by the end of next month, you probably won't be able to leave."
Chen Songqing nodded thoughtfully:
"I'll get everything done as soon as possible."
Fang Hexuan then smiled and said:
"I'm not forcing you. The information I've received is certain that something big will happen next month. As for what it is, I won't tell you, but it will definitely be bad for you, Jianing, and the entire Hong Kong stock market."
"Also, you made at least 30 million Hong Kong dollars from this short-selling operation, which is a lot. Plus, you have transferred your money overseas, which is enough for your family of four to live a carefree life."
"Being too greedy at this juncture will cost you the rest of your life."
"That's all I have to say. If you don't listen, I will use all my means to get you out. After all, we are both in trouble now. Any irrational behavior of yours will be regarded by me as a violation of our previous agreement."
After listening to the other party's words of advice and threats, Chen Songqing was actually a little angry.
But he also knew how powerful Fang Hexuan was. Needless to say, the news that the other party told him at the end of last month about "the Hong Kong government's reclaiming of land in Tin Shui Wai" was enough to prove that he had mastered the dense information.
And he has said it so bluntly. There will be a "big earthquake" targeting Hong Kong next month, which will definitely affect his own Carrian Group.
If you are still reluctant to give up those things at this time, you will really not be able to get out.
So, despite his gloomy face, Chen Songqing still nodded seriously.
"I understand!"
Fang Hexuan took a sip of the coffee that had been served and reminded again:
"You have some other things that I'm interested in. You'd better finish them before the end of this month. After that, we'll be even."
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(End of this chapter)