1909 [The tail is too big to fall]
"Yes, Mr. Pu Weishi, I recently took down a building in Tokyo." Zheng Yutong nodded.
"Mr. Zheng, I have reminded you that Fusang Bank raised interest rates and curbed the increase in the real estate market. The future prospects of Fusang Real Estate are unpredictable and the risks have increased sharply. We cannot take risks. We must withdraw our money. Why are you disobedient?" Pu Weishi frowned and questioned when he admitted it.
Like Xiatian, after learning that Fuso Bank raised interest rates, Pu Weishi also realized the risks and immediately ordered these HSBC wealthy people to withdraw from Tokyo Real Estate.
Because banks raise interest rates in order to curb the soaring stock and real estate markets. Obviously, the Fuso government has realized that there is a bubble in the domestic economy and wants to start interfering with policies, which greatly increases the risk of investing in Tokyo real estate.
HSBC's wealthy people invest in Tokyo Real Estate all use loans provided by HSBC, and they are unsecured loans. Once there is a risk of investment failure, HSBC will face huge losses, so it does not dare to take any risks. If there is any turmoil, the funds will be withdrawn immediately.
But Zheng Yutong did not listen to him and continued to invest in Tokyo Real Estate. Once there was a loss, it would be a big deal. You should know that Zheng Yutong borrowed 10 billion Hong Kong dollars from HSBC, while his net worth was only about 7 billion Hong Kong dollars. If there was a huge loss, it would not be enough to pay all his net worth to HSBC.
"Mr. Pu Weishi, I think you are a little bit full of plants and plants. Yes, the Fusang government is now intending to curb the domestic economic bubble, but to be honest, the economic bubble cannot be curbed just by wanting to curb it." Zheng Yutong saw Pu Weishi angry and smiled calmly.
"From the performance of the Tokyo stock market and the real estate market after it raised interest rates, its approach has not worked at all. The Tokyo stock market and the real estate market are still booming, and there is no possibility of a decline in the visible future.
If that's the case, why don't I continue to invest? People don't have wealth without windfall, and horses don't have fat without night grass. If you want to make money, you have to take risks. Otherwise, what kind of business can you do?"
When everyone here heard what he said, several of them nodded in agreement.
The Fusang government regulates the real estate market, which will indeed cause a sharp increase in risks. However, it is not possible to regulate the real estate market overnight. Just like the Hong Kong and British governments often regulate it, housing prices are still rising. So there is no need to be so full of troops, and when you hear a little movement, you will immediately be unable to calm down.
To be honest, they did not agree with Pu Weishi's approach, and felt that his courage was really a little bit small. He wanted to make money but didn't want to take risks. In their opinion, he was just a courageless person. If Shen Bi were here, he would never be as cowardly as him.
However, although they did not agree, they did not say it directly like Zheng Yutong, and they said it in front of Pu Weishi, who is truly "Sharp Dantong".
"You can't say that. The funds you use for real estate speculation are unsecured loans provided by me, HSBC, so the risks are shared by you and I. Now I will tell you clearly that I don't want to take this risk with you, and withdraw all the funds immediately, otherwise I will pursue the loan from you." Pu Weishi waved his hand coldly when he saw him saying this.
"I just bought that building and paid a large amount of taxes. Before it could appreciate. You let me withdraw now, it was obvious that I was dead!" Zheng Yutong stood up and said, "Yes, the funds I used for the property speculation were made by you HSBC, but I did not use yours in vain. I paid back the monthly loan, and I also helped you with some bad things you told me to do. Now you are forcing me to debts. Okay, I will pay back all the money to you, and we will cut it off in the future!"
He said loudly, looking quite excited.
Pu Weishi was snatched by Zheng Yutong, and his face suddenly turned into a pig's liver. He was both angry and embarrassed, and he was so depressed.
"No, don't, Brother Tong calms down, he will be in a bad state if he gets angry." Everyone hurriedly comforted him when they saw it.
"Mr. Pu Weishi, Brother Tong just made a mistake for a moment, don't take it seriously. In fact, he has always respected and admired you very much." Li Jiacheng helped smooth things out.
"Yes, Mr. Pu Weishi, don't be angry. Brother Tong's words are not intentional." Li Zhaoji and Guo Desheng also advised.
"You both calm down." Bao Yugang also spoke, "Mr. Pu Weishi, actually Brother Tong's words make sense. Even if the Fusang government intends to regulate the property market, it will not work in the short term.
I think it's a bit too much for you to let him withdraw all his funds now. Why not give him more time and let him withdraw the funds slowly so as not to get hurt and be irritated."
"Yes, what Mr. Bao said makes sense. Mr. Pu Weishi, investing requires risks. There is no 100% profitable business in this world, so I think you should be relaxed and not be so treacherous, and all the plants and trees are all soldiers." Kessek also said to Pu Weishi.
Pu Weishi was so angry that he vomited blood after hearing everyone's words.
Those people were explicitly helping to persuade him to reconcile, but in fact they were all trying to persuade him to accept Zheng Yutong's opinion and not to ask about Tokyo Real Estate anymore. Obviously, they did not intend to listen to him or take him seriously.
It's no wonder. Zheng Yutong is an old rich man and has already started investing in real estate in the 1950s. She has been good friends for many years with Li Jiacheng, Bao Yugang, Li Zhaoji, Guo Desheng and others. They have deep feelings, close cooperation, and are intricate, which is a relationship of prosperity and loss.
Although he took over as the senior class of HSBC, he had a short time, had low prestige, and did not have a deep relationship with them. So if there was a dispute, they would definitely stand on Zheng Yutong's side, not on his side.
To think more deeply, these rich people do not want to support a strong banking class. They only hope that HSBC can provide them with loans continuously and become their money bags. However, they do not want to have an extra emperor on their heads, so when they encounter disputes, they usually join forces to suppress him together.
But if he wants to fight back, it is not so easy. Because the top ten richest people have basically completed their monopoly on Hong Kong. Real estate, retail, shipping, electricity, hydraulics, etc. are almost all under their control. If he wants to control Hong Kong's economy, he must rely on these ten richest people, and there is no second way to go.
In the 1970s, Shen Bi could still support Chinese businessmen. But now, time has changed, and he wants to support the second "Li Jiacheng", which is impossible for him to support the second "Bao Yugang".
Thinking of this, Pu Weishi felt that he was really cowardly.
"Mr. Pu Weishi, I have received the news that I am still investing in the Tokyo real estate market in summer." Li Zhaoji said again, "I think since he has not withdrawn, it proves that the Tokyo real estate market should be risky in the short term."
"Hey, didn't he want to withdraw before? He has sold several buildings." Everyone asked one after another.
"Yes, he did take some buildings, but now he is buying them again. In my opinion, he didn't want to withdraw the building before, it was just a normal transaction. We thought too much and mistakenly thought it was because he was going to withdraw." Li Zhaoji explained.
"Since that's the case, then I think it should be feasible to continue investing in the Tokyo real estate market." "Summer has always been a place where phoenixes are not lost. Since he still dares to continue investing in Tokyo, he believes that he should be optimistic about the future prospects of Tokyo Real Estate." When everyone heard this, they all agreed.
"Mr. Pu Weishi, what do you think?" Li Jiacheng asked immediately.
"You have already discussed it, so come and ask me what I do? But I warn you that Tokyo Real Estate is now at great risk and may turn the tables if you are not careful. You are so greedy for money, be careful that the word greed will turn into poverty in the end." Pu Weishi said hatefully.
"Don't worry, Mr. Pu Weishi, we will be careful."
Chapter completed!