Qin Weidong was taken aback. Most of the time, young men like Qin Weidong were unwilling to listen to women's opinions. Wasn't a woman's purpose to be a girlfriend, a wife, and a mother? He couldn't help but have such thoughts, and he wouldn't discuss important family matters with women.
Besides, the country has only been open to the outside world for a few years. There are very few knowledgeable women. Not to mention Chu Yu, even among Qin Weidong's people, none of them have ever been to Hong Kong.
Do you think there's any hope for the port city market?
"The economic crisis in Hong Kong is only temporary. The losses have already been incurred, and housing prices are almost at their lowest point. If you sell now, you will definitely be pressured to lower the price, and the losses will be substantial. Buying low and selling high, and dumping at the lowest point, will severely damage your business, and you may not be able to recover for many years. It is better to grit your teeth and hold on. The economic crisis of 1985 should gradually pass, and at that time, Hong Kong's economy can continue to prosper for more than ten years."
Qin Weidong didn't react for a moment, "But many people in Hong Kong are pessimistic about the real estate market."
"That's because there are no experts in the port city."
Qin Weidong was puzzled.
Chu Yu approached the overall picture. In her early years, she worked in the Hong Kong trade and heard some seniors talk about the Hong Kong in the 1980s. She had a general impression, but didn't remember the specifics. She only remembered that a senior had stockpiled several plots of commercial land during the economic crisis and converted them into residential land at a very low price.
That year, the port city market was sluggish, many people chose to emigrate, and there was a rush to sell their properties. Port city housing prices and the stock market collapsed one after another, and the market was in a bad state.
However, after this predecessor bought several plots of land, the cost of converting them into commercial and residential properties alone was hundreds of millions cheaper than during the peak of the real estate market.
Qin Weidong was somewhat stunned after hearing her words. He wasn't stupid; he was ambitious, otherwise he wouldn't have ventured to Hong Kong. However, the situations in mainland China and Hong Kong were quite different, and it was difficult to make a judgment without some foundation. Moreover, investing in Hong Kong often involved hundreds of millions of dollars.
In recent years, the RMB has depreciated, and when you exchange RMB for HKD, you have to pay half price.
Qin Weidong's investment in Hong Kong this time wasn't large in scale, but it was still in the tens of millions. He didn't panic even though he had invested so much money in Hong Kong, but his mother almost burned down their house.
In an era when even those with ten thousand yuan could make the news, he made an investment of ten million yuan. A large portion of that money wasn't his own. If he lost it all, he would be left with nothing.
Qin Weidong's mother wouldn't let him take the risk and told him to sell the house.
Qin Weidong couldn't resist the advice of those around him and also felt that he had gone too far. He couldn't understand the situation in Hong Kong. If he wanted to get his money back, he would have to lose money. Everyone around him said that losing a few million was good, at least he would still have money to come back.
Only Chu Yu advised him to hold on, not only not to sell, but also to take the opportunity to raise funds to buy land, to buy commercial land during the downturn, and to convert it into residential land with very little money, and then build and sell residential properties.
"But that would cost a lot of money, wouldn't it? The situation is bad right now, who would dare to invest money in Hong Kong?"
Chu Yu finished speaking, but she also planned to venture into Hong Kong next year. 1985 was a good time. This year, Xibao and the three clothing stores made some money. Unfortunately, the first phase of investment in Xibao and the introduction of production lines was a long-term project, and the return on investment was not fast enough. Making clothes was very profitable.
The Mandarin store in Beijing broke even in less than a month, and over the next few months, it earned her hundreds of thousands of yuan.
Chu Yu plans to open at least 50 branches in China next year.
The styles in the specialty stores are all the same. Selling the same goods in different cities helps to spread the design costs.
With 50 stores opening one after another, you can earn a good amount of money in six months. Then, go swimming in the port city, double your money, and you can officially enter the port city's real estate industry.
Seeing that they were chatting happily, Xuan Pinghui grumbled unhappily to Xu Yinyun, "Aren't you worried? Dai Donglin seems serious. This is the first time I've ever seen her treat a woman like this."
Xu Yinyun had a sullen face and looked unhappy.
Xuan Pinghui urged, "This woman is beautiful and has a great figure. Men are so superficial; they only care about appearances. You've been away for too long, and Dai Donglin hasn't had much contact with you. Why don't I drag this woman along so you can go and have a private chat with him? Women, if you lower your stance, soften your tone, and act a little coquettish, what man can't you win over?"
Xuan Pinghui hinted that she should use some tricks.
Xu Yinyun understood. While Xuan Pinghui was chatting with Chu Yu, she secretly went to the men's lounge.
There was no one else in the lounge. Xu Yinyun sat down next to Dai Donglin. Thinking of her crush from her youth, her eyes reddened. She was beautiful, and if she were to look at a man with teary eyes like this, the man would usually lower himself to comfort her.
Xu Yinyun knows how to use her advantages.
Dai Donglin just frowned. Xu Yinyun was wearing a lot of perfume, while Chu Yu didn't like to dress up and only had a natural body fragrance. Dai Donglin couldn't stand the strong smell and almost couldn't help but vomit.
"Donglin, what do you see in her? Are you really planning to marry her?"
Dai Donglin was a little unhappy. "Who I'm with is none of your business."
"But I'm the daughter-in-law chosen by your mother..."
"My mom appointed you? Then go find my mom, why are you looking for me? I made it clear to you last time that I have nothing to do with you. Please don't make up stories and ruin my reputation. I have a girlfriend now, and it's not appropriate for me to be too close to other women. Don't come looking for me again."
Xu Yinyun panicked, her eyes red from crying, and moved closer to him, reaching out to hug his waist, but Dai Donglin threw her onto the sofa with an over-the-shoulder throw.
Xu Yinyun was stunned. Dai Donglin had been considerate of her, showing mercy and not hurting her too much. But all she wanted was to throw herself into his arms, and Dai Donglin actually threw her over his shoulder? Was he even human?
Dai Donglin showed no mercy whatsoever.
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