Chapter 765: You're ruthless

Li Xuewu didn't pay attention to Liu Haizhong, who was muttering one thing after another, but glanced at the First Master who wanted to speak, and then looked at Yan Fugui, who was standing in front, and said, "Third Master, you've been watching all along, be a witness."

Yan Fugui wanted to hide back, and even more wanted to say he hadn't seen anything, but Li Xuewu's tone wasn't one of negotiation, and he didn't dare not to agree.

Li Xuewu put away the gun, raised his foot and kicked Liu Guangfu on the ground, saying, "Stand up."

Liu Guangfu was someone who knew when to bend and when to stretch; Li Xuewu told him to stand up, so he stood up.

He had the intention of being a rascal just now, but seeing Li Xuewu playing for real, he wouldn't dare to talk nonsense even if beaten to death.

Seeing his third son stand up, Liu Haizhong also shut his mouth.

First Master looked at Liu Guangfu, then looked at Third Master, and asked, "What's going on?"

"That..."

Yan Fugui raised his hand, pointed at Liu Guangfu, who was shivering as he stood there, wanting to say something; he had originally been looking at First Master's gaze, but meeting Li Xuewu's eyes, he stumbled over his words in his mouth.

How to say it? Being a witness was a thankless job, and he didn't want to do it at all.

But Li Xuewu was standing here and had called his name; if he dared to lie, Li Xuewu could really discipline him.

"As soon as I went out, I saw..."

Yan Fugui said and then got stuck again, pointed his finger at the position where Liu Guangfu was lying just now, and said, "As soon as I went out, I saw Xuewu beating Guangfu."

First Master frowned slightly, glanced at Li Xuewu, and signaled Yan Fugui to continue.

This matter was very obvious, why make it a mystery? Could Li Xuewu be someone who would lower himself to the level of a little brat?

To be able to take action here, not leave, and even dare to use a weapon, how righteous and confident he was.

Yan Fugui's explanation subsequently proved his conjecture: "It was Guangfu, running in from the outside, and seeing him bump into Xuewu, that's how this matter came about."

After speaking, he spread his hands and said, "I also saw it starting from here, everyone saw what happened afterward."

Seeing Yan Fugui look over, the people around retreated a step, indicating that they were just watching the fun and didn't want to be witnesses.

First Master saw that Li Xuewu wasn't speaking, and gave him a look, only then did he speak.

Seeing Yan Fugui finish speaking, he looked at Liu Guangfu, who was lowering his head and holding his arm, and asked, "Is this what Third Master said?"

Liu Guangfu didn't look at First Master, raised his head and looked at his second brother first, then looked at his father; seeing that no one in the family had any ruthlessness, he knew the matter was finished.

What was the use of his mother being ruthless here? She cried and wailed twice and was pushed back by the gun barrel.

Seeing that he didn't speak, First Master looked at Liu Haizhong again; the two of them hadn't stood together like this for a long time.

Liu Haizhong also understood what was going on; his two sons ran around in the yard and often bumped into people.

The eldest was a bit older and had a steady side, but the third one was different; this kid was just at the age where his legs were diligent, lifting his legs and wanting to run, as if chased by a dog.

"That... cough!"

Liu Haizhong didn't know what to say either; he was already lacking confidence in the face of Li Xuewu, and like Liu Guangtian, he didn't know how to open his mouth.

Li Xuewu, however, didn't wait for him to organize his language, shook his chin, and said to Liu Guangfu, "Have I told you before, don't let you run around recklessly in the yard? Old people are old, small people are small, if you bump into anyone, can they bear it?"

As soon as he said this, people in the yard spoke first, all counting the times they had been bumped into by Liu Guangfu, or the experiences of being scared, one after another.

Third Mother was very diligent, and she recounted the matter of the eldest daughter-in-law being scared, which made the people in the yard even more dissatisfied.

Pregnant woman, are you kidding?

Giving birth to a child is already passing through the ghost gate, and still have to pass this hurdle of Liu Guangfu?

Facing the accusations of the people in the yard, the Liu family also knew who was at fault.

The Liu family father and sons didn't speak, Second Mother said with a crooked mouth and slanted eyes, "But you can't beat him like this!"

"If I don't beat him, should I keep him for the New Year?!"

Li Xuewu drooped his eyelids and glanced at Second Mother, and seeing Liu Guangfu look over, his eyes showing some dissatisfaction, he went up and gave him a slap.

"Pa!"

"You!"

"Weng~"

This slap was so sudden; the Liu family didn't expect it, and the people in the yard around were also surprised.

They didn't expect that at this step of "reasoning," Li Xuewu would still take action.

Liu Guangfu was also anxious, tugging at the red cloth on his sleeve and shouting, "I am red..."

"Pa!"

"Red what?"

"Pa!"

"Red what?"

Seeing that he still had the guts to resist, Li Xuewu started with big slaps.

He was tall, his hands were long, and he was standing close, where could Liu Guangfu hide?

Before Liu Guangfu could finish his words, his face had already been hit by more than ten big slaps.

Qin Huairu stood at the third door watching and felt pain on her own face; she knew how strong his big slaps were, a slap on the butt could keep it red for several days.

Originally she didn't want to come out to watch the fun, but her mother-in-law wanted to come out, and she was afraid her mother-in-law would cause trouble again, so she followed.

Good heavens, just watching, when she turned her head, her mother-in-law was gone.

She searched around and couldn't see her shadow; she thought she must have gone home, just didn't know why she ran away before the fun was finished.

There was nothing left to watch in the front yard; Li Xuewu hit hard, Second Mother wanted to stop him, but was held tightly by her son.

Did Liu Guangtian dare to let go?

He could see it; his brother might be taking the blame for him.

Another thing, Li Xuewu was also using his brother to establish his authority; these few little brats were the ones making the most noise in the yard recently.

Li Xuewu was beating Liu Guangfu while asking what was red.

What else could be red? Didn't you see the two little brats from the Yan family silently taking off the broken cloth on their sleeves?

Liu Haizhong didn't dare to speak, but the muscles on his face twitched along with Li Xuewu's slaps, as if he were being beaten.

Liu Guangfu couldn't dodge, and only until he sat on the ground did he escape a disaster.

Li Xuewu shook his hand, raised his eyebrows, looked at Liu Guangfu, and asked, "Who did you say you are? In this yard, who did you say you are?"

No matter how stupid Liu Guangfu was, he didn't dare to speak at this time.

Li Xuewu pointed at Liu Guangfu and said, "Not convinced, right? Want to take revenge, right?"

After speaking, he raised his head and glanced, waved at Lao Biaozi standing at the hanging flower gate, and said, "Call the Jiaodaokou station, arrest him!"

"Xuewu ah~"

"Director Li, Director Li!"

As soon as he said arrest, First Master spoke, and Liu Haizhong was also panicked; if he was taken in by Li Xuewu, would there be a day he could come out?

Li Xuewu, however, didn't pay attention to them, looked at Liu Guangfu and said, "Didn't you say a few days ago that you beat so-and-so, and smashed someone's door or something? Now let's settle the total account."

After speaking, he raised his head and looked towards the opposite door and asked, "Is it with Third Master's family..."

"No! No business of our family!"

Yan Fugui was clever; hearing Li Xuewu call Third Master, he knew what to say.

"That day it was all him talking, our family's children didn't beat anyone!"

"I didn't say beating anyone, it was Liu Guangfu who said it, he beat an editor from the newspaper office, and also..."

Good heavens, Li Xuewu made him bite Liu Guangfu, he didn't expect the third son of the Yan family to bite so hard, so thoroughly.

They were all little brats, naturally they knew each other's battle records very well, afraid that others wouldn't know, so they took the initiative to brag.

Now that Li Xuewu wanted to ask about his affairs, he naturally followed his father's words and said everything about Liu Guangfu's affairs cleanly.

Li Xuewu looked at Third Master's distressed look, nodded, and said, "Okay, say the same thing when you go to the station later~"

Lao Biaozi had already left; since Li Xuewu gave the order, it was a must-do thing.

Liu Haizhong's face turned pale, Second Mother completely lost her tiger spirit, and was relying on Liu Guangtian to help her.

Li Xuewu pointed at Liu Guangfu, who was sitting on the ground in a daze, and said, "Such a thing cannot be left in the yard; there's something to be said for making trouble outside, but if you harm your own neighbors..."

He only said half of this, but the other half floated in the hearts of everyone in the yard.

To say that there are little brats in the yard, this is not strange, make trouble if you want to make trouble, everyone outside is making trouble now, and the people in the yard didn't mean to stop them.

But Liu Guangfu's trouble wasn't right; how could he play this rascal with neighbors in the yard?

Li Xuewu wanted to handle him, everyone was cheering in their hearts, but no one climbed the relationship with Liu Haizhong; at this moment, there was really no one speaking for his family.

First Master didn't want to make it big, but after Li Xuewu finished speaking, he also knew that if the atmosphere in the yard wasn't killed, something would really happen.

Li Xuewu waited for a while, then rushed at Liu Guangtian, rushed at Yan Jiekuang, Yan Jiedi, and others and said, "I've made it clear to you, use your strength outside, if you dare to show your identity in the yard, the end will be the same as his."

These words had force, because he had always done this on weekdays, never showing his identity, so he had confidence when saying this.

The people in the yard listened to Li Xuewu's words and agreed, nodding their heads constantly.

After all, no one wanted to have some Monkey Kings in the yard where they lived; you only need to worry about the wart on someone else's face.

Liu Haizhong, with a bitter face, still wanted to plead with Li Xuewu, but seeing him say this, he looked at First Master again, wanting him to help speak.

Hate Yi Zhonghai was also very difficult; he had reasons to speak, but also worries about not speaking.

Li Xuewu's action against Liu Guangfu today was obviously not a temporary intention; it was more than a premeditated plan, but it was definitely in the plan.

Why did Hate Yi Zhonghai think so? Because Li Xuewu's two warnings couldn't have been said for no reason.

Another thing, the things Liu Haizhong's second son did behind Li Xuewu's back had spread in the factory, and he didn't think Li Xuewu wouldn't know.

Of course, he didn't speculate on how small Li Xuewu's mind was, but starting from Li Xuewu's perspective, what he saw was an attitude of prevention before it happened.

This could be seen from the things Li Xuewu had done before; he really didn't leave opportunities for others to take revenge on him.

Cutting the grass and removing the roots, the Liu family was in danger this time.

The mixed-up situation of the two sons, plus Liu Haizhong's own problems, Li Xuewu was going to kill the chicken to warn the monkey.

The target was also three types of people: one was little brats like Liu Guangfu, including those from the Yan family and other families in the yard.

One Liu Guangfu falls, maybe the little brats in other families could settle down for a while, or wouldn't dare to run wild in the yard.

Another type of person was a factory employee like Liu Guangtian; it was their world next, and if so many steel mill employees lived in this yard and couldn't be suppressed, there would really be problems.

The last one was Liu Haizhong; Li Xuewu had already put a lock on him, but he still had to give him a reminder not to have any crooked thoughts.

Hate Yi Zhonghai thought a bit too much, and even when the people from the Jiaodaokou station entered the yard, he didn't have time to speak.

Ji Yuxiu naturally wouldn't come in person; the one who came was Wang Zhiqiang, who brought two assistants and took Liu Guangfu away.

Yan Jiekuang naturally couldn't run away, and was taken back together for questioning; Liu Haizhong and his son sent Second Mother home, and then went to the station themselves.

People in the yard discussed this matter, saying everything, Li Xuewu's strength, the Liu family's failure to teach their children, and even speculative analysis of the current situation.

But listening to Qin Huairu, no one felt aggrieved for Liu Guangfu, and even less felt that the yard wouldn't be able to live without him.

She had been watching the fun until the end, and only returned to the middle yard after watching Li Xuewu leave the hanging flower gate and go to the west yard.

She hadn't even entered the house when she saw her mother-in-law walking out with a laundry basin, and she looked at the big basin, surprised: "Isn't this the pants changed this morning?"

"Oh."

Jia Zhangshi glanced at her daughter-in-law in a panic, and said stutteringly: "Got dirty, wash it."

After speaking, she didn't give Qin Huairu a chance to ask again, and walked quickly to the well.

Qin Huairu raised her eyebrows, looked at her mother-in-law's back in confusion, and went home suspiciously.

"Why is there a smell of perfume on you?"

Following Lou Jie looked at Li Xuewu suspiciously and sniffed again.

Seeing her like this, Li Xuewu asked back amusedly, "What perfume smell? How could I have that kind of smell on me?"

After speaking, he sniffed it himself, not believing it.

Hmm, come to think of it, the smell of begonia flowers.

Whose was it?

Tong Huimei's?

Following Lou Jie rolled her eyes; she was too lazy to listen to Li Xuewu's sophistry now, threw the file folder in her hand, and sat on the office chair.

Li Xuewu raised his eyebrows, spread his hands, and said, "I really don't know."

"Doesn't matter~"

Following Lou Jie pulled a document from the file box and handed it to Li Xuewu, saying, "Things in Steel City are going very smoothly, the people from Beijing have all been arranged to board the ship, this is the personnel file."

Li Xuewu curled his lips and started reading the document.

Above was the organizational chart of the Steel City Dongfeng Shipping, as well as the list of corresponding positions, very formal.

It couldn't not be formal; since so many people were recruited from Beijing, the club, as the co-organizer of Dongfeng Shipping, had to prepare all formal documents in case of investigation.

Of course, at this time, the departments in charge were all in a mess, so naturally no one came to investigate.

But how could Li Xuewu leave such a big tail for himself? So if someone really came to investigate, it would be regular and legal.

He also thought about it; even if it wasn't regular, he was afraid no one would come to manage him.

Now those in charge in Beijing, as long as they had a brain, all hoped that these bored young people would leave.

Who else could be making trouble on the street? Wasn't it young people who didn't go to work, didn't do work, and didn't stay honestly at home?

Now there was a unit that young people wanted to go to and were willing to use them, even if it was in Steel City, Beijing was willing.

"What are you looking at?"

Li Xuewu glanced at what Following Lou Jie was looking at; it was very thick, not like a book, handwritten text.

"Analysis of the Hong Kong Financial Crisis, what? You want to see?"

Following Lou Jie glanced at Li Xuewu and gestured the document in her hand to Li Xuewu.

Li Xuewu shrugged his shoulders and said, "I don't understand finance, I won't understand it even if you give it to me."

"That's rare."

Following Lou Jie looked at Li Xuewu with a slight smile and said, "I can also hear things you don't know or understand from your mouth."

"There are many things I don't understand, what's so strange about that?"

Li Xuewu spread his hands, then put down the document in his hand, gestured to the document in Following Lou Jie's hand, and said, "But I can listen to the insights inside."

Following Lou Jie looked at Li Xuewu sitting opposite her desk with a serious expression, shrugged her shoulders like Li Xuewu, and said, "Alright, the proprietor is checking my work~"

"No, it's concern."

Li Xuewu smiled slightly and emphasized a word.

Unfortunately, what he emphasized wasn't the word Following Lou Jie was expecting, which made Following Lou Jie's subsequent tone sound a bit official.

"You know what a financial crisis is, right?"

"Unhuh~"

Li Xuewu leaned back in his chair, crossed his hands on his chest, nodded and said, "You don't need to ask me, just talk directly. I'll remember what I don't understand and ask you again."

Following Lou Jie tilted her head challengingly, pursed her lips, and said, "Alright, I'll talk about Hong Kong's financial foundation first."

"Hong Kong's financial history can be traced back to the 16th century; at that time, due to the continuous expansion of Southeast Asian colonies in the 17th-18th centuries, a large amount of capital flowed into Hong Kong from the mainland."

Following Lou Jie introduced the background history of Hong Kong's finance in one simple sentence, then went straight to the theme:

"Since the mid-19th century, with global economic growth and trade development, more and more foreign capital entered the Hong Kong market, forming the current global financial market."

"This period was also a stage of rapid development for Hong Kong's financial industry, and the banking industry, which we used to call money shops and ticket shops, played an important role."

Following Lou Jie flipped through the document and continued to introduce: "It is precisely now that Hong Kong has become one of the world's largest investment centers because of its superior geographical location, perfect infrastructure, and high-quality talent reserve."

"Of course, this is also a hotbed of crisis!"

Following Lou Jie knocked on the document in her hand and said, "Know about the real estate industry?"

Thinking of what Li Xuewu said just now, she didn't wait for him to reply and continued to explain: "In Hong Kong, commercial banks' investment direction includes the real estate construction industry."

"Counting the banking crises that have occurred in commercial banks, a large part is related to the real estate industry."

Following Lou Jie flipped a few more pages and said, "The year before last, which was '64, the Hong Kong government published an important document, the 'Housing Policy White Paper,' announcing that it would build 1.9 million resettlement units and 290,000 low-rent houses within ten years, and relax the qualifications for moving into resettlement houses."

"Do you need me to explain resettlement units and low-rent houses?"

"Slums~"

Li Xuewu waved his hand and said with feigned disgust: "They say it's a social stabilizer, but it's actually a superficial compromise of capitalist society in the face of social problems, a carrot hanging in front of a donkey's mouth."

After speaking, he shook his head painfully, expressing regret for the suffering of the people living in capitalist society.

"Continue."

"I..."

Following Lou Jie was a bit speechless; she had fully understood Hong Kong's social reality, as well as its financial structure, social humanities, and other situations before reading this.

And facing this "red and professional" social youth Li Xuewu, she didn't know how to explain it.

"OK, let's continue..."

"Oh~~ English~~"

"Are you still listening or not!!!"

Following Lou Jie exploded; what about the proprietor? She was angry, the proprietor was just a little brother.

She was naturally learning English because Hong Kong's official language was English; learning English was easier than learning Cantonese.

Looking at Li Xuewu's submissive look, Following Lou Jie glared at him and continued talking.

It was actually very simple; it was just a practice of the Hong Kong government, forced by development needs, facing the situation of more and more bottom-level poor people having no home to live in, exerting regulatory functions to slow down social pressure.

The formation of Hong Kong's public housing policy was naturally a good policy for the bottom-level people, but everything has two sides.

Because the Hong Kong government relaxed rent controls, it became very easy to dismantle old buildings for reconstruction, and the lowering of investment entry qualifications led to a carnival of real estate investment.

Let's put it this way: you sell barbecue at the entrance of your residential area, and it's very profitable. Zhang San comes, looks at your handcart and fire stove, and thinks to himself that he has hands, and he can do it too if he borrows some money from the bank.

Zhang San did it, and Zhang San also made money. Li Si, Wang Wu, and Zhou Er Mazi all have hands. You say they all do this, can everyone still make money?

Everyone can't make money, can they still pay back the money borrowed from the bank?

What will happen in the end?

The bank takes over a pile of barbecue stoves, and they are the kind of market-oversaturated, uneven-quality barbecue stoves.

It looks very simple, right? In fact, Hong Kong's economy at that time wasn't very complicated, and financial principles weren't very profound academic studies, at least simpler than medicine.

The main force of Hong Kong's real estate investment was commercial banks, and others included various private capitals.

The competition between Hong Kong banks was also very fierce; anyone with a little capital could open a money shop, open a bank, take deposits at high interest, and grab the deposit market.

Here, one has to mention the Chinese-funded banks at this time; they had money, were timid, liked to fight, and were best at fighting among themselves.

Unable to beat the British banks, they engaged in internal strife; in order to increase returns and competitiveness, Chinese-funded banks boldly advanced and invested a large amount of deposits into the high-risk real estate industry.

The influx of capital inevitably brings bad debts; their own size was small, what would a decline in bank liquidity trigger?

The Chinese-funded bank that exploded first and relatively big was the Liao family bank; at that time, the amount of loans it put into real estate had already accounted for more than 70% of the total deposits.

It was also mentioned earlier that information in this era was not developed, and depositors were easily influenced by rumors.

The newspaper industry in Hong Kong at this time was a pool of muddy water, and there was no need to be responsible for what was said.

The Liao family bank's foundation was unstable, its business strategy was aggressive, and it suffered a rumor attack in '61, and the trust crisis directly caused a collapse.

The key was that Hong Kong's supervision of the financial industry at this time was blank, without necessary prevention and supervision means, which conversely indulged these banks' aggressive behavior.

Different from real estate development now, at that time, a building was bought, rebuilt, and then the whole building was sold, not selling individual units.

An old building might be 100,000 or 200,000, you borrow a little more from the bank, or get a little from other channels, rebuild the whole building, and then it could be sold.

Long cycle, limited buyers, incomplete market development, the emergence of various crises was an inevitable event.

What banks could do, those riding tricycles could also do; there were no business barriers, so it was just a mess.

The real estate developers' excessive investment directly ignited a crisis in the real estate industry and the banking industry.

People in Hong Kong now have such an impression, as if the whole of Hong Kong is dismantling buildings, dismantling too much, having money when dismantling, but no money when building, and then there is a capital chain break, and the property market collapses.

The collapse of the property market naturally triggered the sinking of commercial bank capital, plus the social environment at this time, information was extremely underdeveloped, and it was very simple for rumors to destroy a bank, so a run on the bank appeared.

The most suffocating one belonged to Hang Seng Bank; facing the joint strangulation of Morgan and HSBC, it was finally swallowed and became an HSBC-affiliated money shop; several major shareholders were all crying when they signed.

Last year, Hong Kong's banking industry tightened real estate loans, leading to the bankruptcy of a large number of real estate developers; more than 800 chassis became unfinished buildings, and land prices, property prices, and rents plummeted.

Pay attention here, it's not that the prices of these things dropped, so the people had more places to live, nor was the living condition lowered, but rather many people had no place to live.

Buildings were dismantled, no one built them, banks closed, the internal economic structure collapsed, and all industries were affected.

It's the same principle as farmers pouring milk into the river during the financial crisis in the ugly country.

When the nest is overturned, are there any intact eggs?

After Li Xuewu listened to Following Lou Jie tell the crisis and situation Hong Kong was facing now, he asked: "What's the answer?"

"What answer?"

Following Lou Jie put down the document in her hand, crossed her hands on her chest, and also leaned back in her chair like Li Xuewu and said: "You gave the naming question, don't you know the answer?"

Li Xuewu pursed his lips and asked indifferently: "Do they have any opinions?"

"No, it's me."

Following Lou Jie shook her head, looked at Li Xuewu and said: "My dad and the others agreed with your adventurous approach, but I don't know how to say it."

While talking, she sat up straight again, looked at the document in front of her and said: "The crisis has already occurred, the market has collapsed, and you still say you want to go over to buy banks and buy real estate."

Following Lou Jie raised her head in confusion and looked at Li Xuewu, asking: "And what is commercial real estate, what does it mean?"

Li Xuewu nodded, agreeing with Following Lou Jie's question; this was the key to the naming question he gave to the think tank upstairs.

"Crisis means opportunity, this is not empty talk."

Li Xuewu first pointed at Following Lou Jie, then continued: "I said the purpose of acquiring a bank is not to build a bank yourself, but acquiring a bank is definitely not your task goal for going to Hong Kong!"

Following Lou Jie raised her head slightly, looked at Li Xuewu, and waited for him to explain the difference inside.

She naturally knew what she was going to do, and her father and others were just detailing what she was going to do into how she could do it.

Li Xuewu narrowed his eyes slightly and said: "Ten tons of gold can't make any big waves in Hong Kong, but adding a sufficiently long lever might be able to pry Hong Kong's entire financial industry."

"Do you know how many US dollars ten tons of gold is?"

"I know, the number is easy to remember."

Following Lou Jie looked at Li Xuewu, although she didn't know the meaning of the question he asked, she still answered: "12,345,865 dollars."

Li Xuewu nodded and asked again: "Then how many Hong Kong dollars is that?"

"More than eight hundred million."

Following Lou Jie gave the correct answer very cooperatively; this was the capital she was taking to Hong Kong, so she naturally knew it well.

"More than eight hundred million, it's a lot, but it's not a lot."

Li Xuewu explained: "An office worker in Hong Kong has a monthly salary of about two hundred, so eight hundred million Hong Kong dollars is really a lot."

The richest person only had assets of tens of millions; Following Lou Jie was going to take ten tons of gold, so as long as she landed, she would definitely be the richest person.

"However, this number is the principal in theory."

Li Xuewu pinched his fingers and said: "Acquiring a bank is not just accepting its overall structure and mature management model, but also accepting its existing debts and bad debts."

"I know this."

Following Lou Jie frowned slightly and said: "There are many choices now, and Hong Kong is already helping to screen suitable objects."

"Don't believe them completely."

Li Xuewu shook his head slightly and said: "No one is worth full trust; money will make people lose their minds."

While talking, he took the document in Following Lou Jie's hand and flipped through it, saying: "Now going to acquire a bank, you have to face three risks."

"One is the source of funds, one is the credibility issue, and the last is asset revitalization."

Li Xuewu sat on the chair with his legs crossed and said seriously: "I am not an expert, sitting here is just to give you a general direction."

"When Following Lou Jie goes over, she will meet with the people I arranged there, use the other party's influence to endorse, and complete the establishment of the most primitive capital system."

"When you go over, use the investment company that has already been prepared to complete the bank merger, which is what the market calls a snake swallowing an elephant."

"When the bank acquisition is completed, my market here can also be connected with that side through Ng Fung Hong; this is the first business for the bank, and also the first step to revitalize assets."

"The second step is to acquire a real estate company, fully control it, and use it to develop the old buildings on the bank's books and clear these bad debts."

Li Xuewu drank a mouthful of tea and continued: "At this time, whether it's the bank or the real estate company, they will have trust influence because of these big moves, and depositors will come to the bank to save money."

"With depositors, there is leverage; the development and sales of real estate must change the existing model, you can't sell the whole building, and even less can you sell them individually."

Li Xuewu looked at Following Lou Jie and asked: "Have the people in the think tank made this part of the plan?"

"Still doing it."

Following Lou Jie pursed her lips, gestured to the document in Li Xuewu's hand, and said: "The first part has just been determined~"

"Then keep it simple."

Li Xuewu raised his eyebrows and said: "If you sell the whole building, Hong Kong citizens naturally can't afford it, but you can sell them by unit; if they still can't afford it after selling by unit, the bank can provide installment loans."

Speaking of this, Li Xuewu knocked on the table in front of Following Lou Jie and said: "Your own bank, your own real estate company, your own building project, don't wait until it's built to start selling; you can start sales work when the design drawings come out."

"How can this be!"

Following Lou Jie frowned and said: "The building isn't even built yet, who would buy it!"

"Of course someone will buy it."

Li Xuewu said very definitely: "Can't afford a building, can't afford a unit? Can't afford a unit, 30% down payment; this risk is completely worth the temptation of buying by unit."

"The important thing is that the bad debts in the bank's hands will become high-quality assets through this means, thereby increasing the bank's overall property value."

"At the same time."

Li Xuewu narrowed his eyes slightly, while signaling Following Lou Jie to think, and prompted: "If you want to run a bank, what is your main business?"

"Savings?"

"It's loans!"

Li Xuewu raised his voice, pointed at Following Lou Jie and said: "Savings lose money; you have to pay interest to depositors, this is not the bank's main business. If you want money to make money, loans are the big head!"

"Think about it, the bad debts in your hands have become high-quality assets, and then you continuously acquire other bankrupt banks through mergers, and then take away the land and buildings in their hands; this way your high-quality assets will become more and more."

"At the same time, when someone pays the down payment and reserves a property, then he has to start repaying the interest on the loan for this property."

"Whose loan is it?"

Li Xuewu pointed at Following Lou Jie again and said: "The real estate company is all our own; you know yourself whether this building can be built or not, right?"

"You hold a large number of loan contracts with mortgage guarantees, which means countless people are supporting this bank; isn't it more cost-effective than absorbing savings!"

"This... how can this be..."

Following Lou Jie was a bit stunned; she hadn't thought about operating a bank like this. She only thought about absorbing savings and then lending them out, not thinking about capital operation herself.

Li Xuewu, however, shrugged his shoulders and said: "This is called capital operation; the same sum of money, acquiring a bank to revitalize assets earns once, selling commercial housing earns again, and commercial housing loans earn again, so it earns three times."

"Even if he can't afford this loan, taking the house back and continuing to sell it won't be a loss; the upstream and downstream are all in one parent company, not afraid of capital loss."

Following Lou Jie looked at Li Xuewu blankly; she had never seen the word mortgage loan in the materials from Hong Kong, and it took her a long time to ask: "So these housing loans are also high-quality assets?"

"Of course!"

Li Xuewu nodded very surely: "In the banking industry, there is nothing more high-quality than loan contracts with mortgages, especially in the current market downturn, it is more suitable for this development model."

"So..."

Following Lou Jie recalled the number her father and others said when they had a meeting with Li Xuewu the week before last...

"The 4% you said in the meeting is the mortgage interest rate?"

Without waiting for Li Xuewu to nod, Following Lou Jie stood up with a "zeng," stared at Li Xuewu with wide eyes, opened her mouth, and it took a long time before she said: "When Cixi borrowed from the Eight-Nation Alliance, it was only 4% interest, and that was annual interest; what you said is monthly interest..."

She hadn't learned finance for nothing these few months; Following Lou Jie naturally understood these knowledges. She wasn't surprised by Li Xuewu's thinking, she was just surprised by Li Xuewu's black heart.

"Still... still you're ruthless..."

"Where is it ruthless?"

Li Xuewu raised his eyebrows, feigning dissatisfaction: "It's been this interest rate for so many years, don't talk nonsense with your eyes open; the Chinese-funded money shops are very difficult."

"I have read many years of materials; I am the one who knows best how your family and the West City Qi family, including the other three families, got up."

"Your dad and several old uncles almost emptied all their family assets to me; these five families almost all became surnamed Li."

Li Xuewu pointed at Following Lou Jie and shook his head regretfully: "If someone says this to you when you go to Hong Kong, you tell them, sometimes find reasons for yourself; have wages risen for so many years, have you worked seriously?"

"..."

Following Lou Jie looked at Li Xuewu speechlessly, and it took a long time before she said: "Isn't it a bit too shameless?"

"This is shameless?"

Li Xuewu said amusedly: "When you go to Hong Kong, you can see even more shameless ones; monthly interest rates can ask for more than 5%~ they are the shameless ones."

After speaking, he stood up and signaled Following Lou Jie to come to the sofa to sit, and after she sat down, he continued: "Loans are the last resort, mainly to consolidate the foundation and establish the bank's influence locally; sustainable high-quality assets still depend on commercial property."

Seeing Following Lou Jie listening seriously, Li Xuewu started telling her about commercial supporting facilities and investment.

How to combine shopping malls and apartment-style residences, a commercial building must have a cinema, a playground, and a restaurant...

Following Lou Jie was very confused, but she was very serious; she had to take notes when she couldn't remember.

Just like what Li Xuewu said, he didn't understand economics, but he understood the future.

If you don't know how to make money yourself, let people who know how to make money help you make money.

"What are you chatting about?"

Wang Xiaoqin greeted with a smile after entering; she guessed that Li Xuewu might have something with this Lou Xiaoe, but she didn't want to understand this matter further.

Sometimes it's better to be confused; pretending not to know is easier, and it's not a matter of principle.

In the face of serious work and collective interests, such a small matter wouldn't be cared about at all.

Especially since Lou Xiaoe's family had always been using money to support this club, wasn't it just supporting them?

Adding it up, Li Xuewu should be considered as making a contribution to the collective.

"What else could it be, club work."

Li Xuewu greeted them with a smile, and seeing Huang Gan there, he asked: "Ma Jun and the others didn't come?"

"No, don't know what they went to do."

Huang Gan sat beside Li Xuewu casually, bumped Li Xuewu with his arm and smiled: "Is the Yuezhou matter going smoothly? Zhong Jingxue sent news."

"Hmm, the factory handled it."

Li Xuewu nodded, then said: "Give him my thanks."

"I won't pass this word."

Huang Gan leaned back on the sofa with a smile and waved his hand, saying: "Say it yourself when you see him again."

Wang Xiaoqin smiled as she took the teacup Following Lou Jie handed over: "No trouble, just came to sit, knowing he is here."

Li Xuewu looked at Wang Xiaoqin and took the initiative to ask: "Nothing wrong on the mountain, right? I haven't had time to go up recently."

"Nothing, step by step."

Wang Xiaoqin smiled, but then her expression became slightly formal and she asked: "What about the Security Brigade?"

"Normal."

Li Xuewu made a gesture and didn't let Wang Xiaoqin talk about this problem here; he knew what Wang Xiaoqin wanted to ask wasn't the Security Brigade, but the future of the Security Brigade. ===== CHAPTER 766 =====

Li Xuewu made a gesture, not letting Wang Xiaoqin discuss this issue here; he knew that what Wang Xiaoqin wanted to ask about was not the Security Brigade, but the future of the Security Brigade.