Hong Kong remains as prosperous as ever.

It is also one of the few cities with the highest housing prices in the world.

Over the years, my father has carried out land reclamation and island construction here twice, with an investment of nearly one trillion yuan.

It has greatly improved the basic living environment of ordinary people in Hong Kong.

It will also further lower housing prices to a more acceptable level.

The reason is simple. In the past, Hong Kong had a small land area, few houses and a large population.

This has led to a shortage of housing and prices have remained high.

Now, due to land reclamation projects, there are hundreds of thousands more houses, and prices will naturally fall due to the high inventory.

This is the same reason as the sluggish real estate market that year, which lasted from 2021 to 2028.

The mainland real estate market has been in a state of decline and recession. If it weren't for the urgent need to get married, almost no young people would choose to buy a house.

The main reason is that the existing market is too large.

The balance between supply and demand was completely disrupted, and was finally alleviated thanks to the massive intervention of local governments.

Provide a safety net for existing stocks.

To explain it more clearly, it is the local government that uses funds from local banks to buy back a large amount of existing houses on the market, including foreclosed houses.

Then convert it into low-rent housing, public housing, etc.

After the real estate developers receive this money, they still have to use it to repay bank loans, which means the money returns to the local financial system.

If this were not the case, there would be 600 million existing properties in the country at that time.

There are 320 million to 380 million such residential units in cities.

If local governments do not provide a safety net, countless middle-class people will fall back into poverty overnight.

You should know that at least 70% of the middle class in the country have their family assets tied up in houses.

If housing prices continue to fall indefinitely, I wonder how many people will have to go back to the days before liberation.

Decades of work in vain.

Real estate business is actually a financial means, and insurance, medical care, etc. all belong to the financial industry.

Chen Xinyi has established many insurance companies around the world, ostensibly to sell safety and the ability to resist risks to the middle class, including ordinary people.

In fact, it is just a mad rush to sweep up funds. The profits of this business are beyond imagination.

Most of the real capital masters started out in the financial industry.

Her father also has an industry, which is now also the family's cash cow and treasure pot.

That is the Las Vegas on the sea that cost 200 billion to operate. It is a paradise for the rich all over the world and a place of real extravagance and decadence.

In that area, spending a million overnight is just small money.

I don’t know how many rich second-generations have lost all their fortunes on that in just a few days.

How many business owners have mortgaged their own companies after becoming rich?

The Las Vegas on the high seas is the property of the Seven Elders.

Their family just accounts for the largest share.

If it weren't for sufficient global networks, industries like this could be destroyed by other countries in a matter of minutes.

Or buy it for free.

Most of Chen Xinyi's financial industry relies on the government connections established by her father in his early years.

Without this connection, how could she have set up dozens or hundreds of medical insurance financial institutions around the world?

Now her elder sister wants her to further qualify for the next vice-chairman of the Economic Research Island through election.

The fastest way Chen Xinyi could think of was to carry out an industrial merger of its insurance business.

To put it simply, it is a merger from left hand to right hand.

These companies are distributed in various countries around the world, and the shareholder relationships within them are also very complex.

As the saying goes, a strong dragon cannot defeat a local snake. Any high-income insurance institution must have powerful figures in the local country holding shares.

She is no exception. Now she wants to merge, in addition to ensuring the absolute income of these local people with big backgrounds.

You also need to further increase their income, otherwise why would others do the same with you?

What Chen Xinyi lacks the least is money. What she wants to do now is to build a super financial listed company that can rank among the top ten in the world.

Su Xiaoxi was the first to know about her actions. Not only her, but many people in the capital market also received the news.

Over the past twenty years, Chen Xinyi has invested in countless companies. Now it is a process of selling, merging, expanding, and circling.

This sentence was first said by Brother Belt. If it is applied to the financial market, there is nothing wrong with it.

Even very domineering.

But applying it to the fields of car manufacturing and technology is pure nonsense.

Cars are still an important means of transportation that affects the life safety of a family. If we rely solely on financial means, it would be an absolute disregard for the lives of outsiders, including customers.

Among so many car manufacturers in the world, he is definitely the first one who dares to directly define financial means as the development strategy of the automobile industry like him.

When Chen Pingsheng was making cars, he always regarded customer reputation and safety as the lifeline of the company.

It is only after decades of persistence that new energy has taken off today.

Financial leverage can be used in real estate, but this is obviously not the case with cars.

Chen Xinyi doesn’t have much user thinking. What she is best at is capital means and finance.

The simplest thing is that ordinary people cannot afford serious illness.

Package and promote a good medical insurance to them.

Ordinary people have too low an ability to resist risks, and car insurance and other things are taking advantage of this mentality.

We buy so much insurance money every year, but very little of it is actually used.

Therein lies the profit.

They earn money from those funds that are not at risk.

Chen Xinyi has obvious advantages and disadvantages. She was born too tall.

It was so high that she thought it was normal for an ordinary pair of shoes to be sold for hundreds of thousands.

This is why she started several businesses during junior high and high school, and each time they quickly became popular across the country.

The main reason why it disappears within two years every time.

She is very good at using gimmicks and hyping up traffic, but she has no user experience at all.

The things sold are all extremely expensive, full of gimmicks, and quickly disappear from the market.

From the beginning of college, she started to play to her strengths and avoid her weaknesses, and would just stop doing things if she was not good at them.

As soon as she graduated, she took the tens of billions given to her by her father, including commercial real estate with assets worth hundreds of billions, and came to Hong Kong to run a financial institution that she was familiar with and proficient in.

After twenty years, she has become the world's true financial queen.

The youngest one.

Chen Xinyi's life has not changed over the years, and she is the one who enjoys life the most in the family.

Seven years ago, she spent $1.6 billion to build herself a super mobile castle on the sea.

There are five floors in total, and they are equipped with the world's top chefs and private butlers.

Chen Xinyi likes to live by the sea and enjoy the boundless and magnificent sea.

Every day when she goes to work, she drives the Sky One car which was independently customized for her by Tengfei Group.

The cost of this small private jet alone is as high as 170 million US dollars.

It has the fastest speed and safety factor in the world.

She drives it to work every day and back to her mobile castle on the sea after get off work.

Looking at her life like this, Chen Xinyi feels that if she doesn't live to be 150 years old, it would be a waste of such a good opportunity to be reborn in this life.

(End of this chapter)