The land reclamation speed was exceptionally fast.

The sea not far from the land was empty this morning, but soon a small piece of land appeared.

Just like that.

With the progress of human engineering technology, those natural islands seemed to have become less valuable.

As long as there was enough funding and the necessary approvals, they could be built into whatever shape one desired. Due to convenient transportation and complete living facilities, their value was much higher than some barren islands isolated in the deep sea.

The airports in places like Hong Kong City and Casino, 1997 were actually built on reclaimed land. The technology was already very mature and hotels, office buildings, and so on could be built on them just like normal land.

The silt was sucked directly from the seabed. On the contrary, the large rocks used to fix the dams were more expensive, specially loaded onto ships from the mainland and transported over, one ship after another.

Out of concern for rising sea levels, after the dam, which was more than one hundred meters wide, was formed, it would be heightened and reinforced to prevent people from worrying about their houses being flooded by the sea in the future, which would affect housing prices.

Compared to the benefits that Emperor Crab Island could bring, the money spent during the island construction phase was not worth mentioning at all.

For the entire Emperor Crab Island project, Su Yehao's ideal revenue was estimated to reach 35 to 45 billion US dollars, and there was a chance to earn even more in the long run.

The average house price in Casino, 1997 was only around 6,000 Hong Kong dollars now, and it had hardly moved in recent years.

Relying solely on the gambling industry driven by the old Lisboa, it was far from as glorious as Su Yehao remembered. With economic development and the influx of wealthy foreigners, it was estimated that Casino, 1997's housing prices would skyrocket soon.

Casino, 1997's development was not very good when it was in the hands of the old Lisboa.

Now, it not only increased its emphasis on the gambling industry, but also had a large number of mainland tourists pouring in. At the same time, it seized the opportunity to invest in the north, which was undoubtedly the right path to take.

With a total population of only a few hundred thousand, the local per capita income level and social welfare, among other things, could climb at a speed visible to the naked eye as long as there was a slight improvement in the economy.

Last year, Casino, 1997's GDP was more than 8 billion US dollars, which was about only one-sixth of Su Yehao's total net worth.

Relying solely on the investment and construction of Emperor Crab Island and the Sihai Casino Hotel, it was estimated that it could boost the local GDP by about ten percentage points this year, mainly because the construction cycle was a bit long and required phased injections of funds. Otherwise, the data would be quite terrifying, and there would be a chance of achieving a 100% economic growth rate.

This fully proved that some places, although rich, were not necessarily strong. Many developed small countries in Europe were like this.

The north was not rich now, that was true, but giving Casino, 1997 a little bit of support was enough to make it full.

In order to avoid holding housing for a long time and the appearance of hoarding and speculating on properties being too ugly, Su Yehao made an excuse to the outside world, saying that he did not have enough funds and planned to extend the entire development plan to about six years, until around 2010 before it would be fully completed.

Therefore, he was not in a hurry for the time being. After the land reclamation work was completed, it was estimated that it would take another two or three years for "design planning", and then it would be officially and fully started. The commercial projects would be built first, followed by the residential projects for external sales.

Just like the Cyberport in Hong Kong City and the multiple cultural tourism city projects in the mainland.

At that time, Su Yehao would hold a massive amount of real estate.

While keeping it for rent in the long term, he would cash out a portion to exchange for cash and use it to subsidize the expenses on cash-burning projects such as the Internet and semiconductors, which was equivalent to making steady progress.

Su Yehao felt that the real estate business did not have much technical content, but this industry was not only stable but also extremely profitable. It was currently the most powerful cash cow in his hands, and its most important value lay in its ability to serve as ballast.

As long as the real estate, which was the pillar industry of the family, did not have any problems, other businesses would have the confidence to continue expanding.

Don't look at how awesome Yanwenzi Group and Google seemed, once they were suppressed and targeted by the US, they would soon be finished.

AOL, an American company worth hundreds of billions of dollars a few years ago, also collapsed as soon as it said it would, without even making a splash, and became history in the blink of an eye.

The current size of Yanwenzi and Google combined was not as big as AOL back then.

As long as they were gone, similar products would quickly rise and seize Su Yehao's market share, just like he seized the market share of AOL and Yahoo.

The foundry and lithography machine businesses were also not safe enough.

If some people were willing to throw away all pretense of decency and make an issue out of security concerns, Su Yehao might be directly kicked out. It was also possible to directly seize the immersion lithography machine technology by paying a little patent fee.

Therefore, Su Yehao's new pursuit of asset allocation mainly focused on being able to live well through the northern market even if he was suppressed one day in the future.

Once he understood this, he could understand why Su Yehao's development of Sihai International and investment in the Changjiang Power Generation Group were not enough. In recent days, he was also thinking about investing in Pengcheng Metro and planning to invest money to enter the mainland automobile market.

The root of the sense of crisis stemmed from the fact that Su Yehao controlled too many high-quality assets.

Occasionally, even he felt that he was a fragrant and delicious piece of fat, let alone others. After a few more years of development, the risks would also increase with the increase in his net worth.

Therefore,

Taking overseas assets as collateral and borrowing money from major multinational banks to diversify investment could actually transfer risks.

In the event of the worst-case scenario, he could simply lose a portion and hand over the mortgaged assets to the banks for liquidation, which would not necessarily mean that everything would be lost.

Now, some people in the outside world felt that Su Yehao's investment methods were too aggressive, his debts were rising steadily, and large projects were being poured out one after another, but he always felt that it was not enough. If Hong Kong City, Nanhai Island, Pengcheng and other places agreed, he might build a few more similar artificial islands and continue to use them as piggy banks.

Most developed countries and regions were lackeys of the US, and they obeyed their big brother to the letter. If they were told to go west, they would not dare to go east.

Under such circumstances, how could Su Yehao dare to put his assets there? After looking around, he had no choice but to deploy them in Casino, 1997, Hong Kong City, and the mainland.

Although it was not clear where Su Yehao's sense of crisis came from, a group of think tanks in the assistant's office still very considerately helped to formulate many risk prevention plans after receiving the request.

For example, the "Parasite Plan".

This referred to dividing important overseas assets into smaller parts, investing in numerous overseas listed companies with a shareholding ratio of less than 5% and without external disclosure.

If the US dared to take action to confiscate them, it would undoubtedly stir up a hornet's nest and break the rules. At that time, global investors would lose confidence in the overseas stock market, shaking the foundation of the global securities trading market.

In addition, there was also the "Backup Plan" personally selected by Su Yehao, which attempted to support a group of agents, invest money to purchase semiconductor production technology, including lithography machines, and continue to invest in research and development.

This would ensure that even if there were problems with the overseas supply chain, production could continue, avoiding being completely choked.

The struggle between the future's largest and second largest economies was inevitable. The all-round blockade encountered by Huawei was a constant reminder to Su Yehao.

Since he could not possibly throw away all pretense of decency and directly recognize a new daddy, he had to spend more effort and do some work in advance.

If he could avoid tearing his face apart at that time, that would certainly be the best, but unfortunately, Su Yehao had no say in the matter.

At this moment, let the "Su (•̀w•́)ﾉ" yacht approach.

Su Yehao looked at the prototype of Emperor Crab Island, one of the representatives of the "Piggy Bank Plan", and felt an indescribable sense of satisfaction in his heart.

Nature was ingenious, evolving islands over a long period of time. Now they were created by spraying seabed silt with ships, which could simply enrage Jingwei in myths and legends. If Yu Gong saw a tunnel boring machine, his blood pressure would probably soar.

He said to Su's father with a smile:

"Dad, you have many connections in Casino, 1997. Contact them recently and help me prepare a party? You've already heard about the corporate headquarters tax exemption and inheritance tax exemption plan, right? Think of a way to pass it as soon as possible. I'll move some companies over then. Casino, 1997 is very suitable as our family's base camp."

It was indeed suitable as a base camp.

Casino, 1997 had no industry, no finance, and no agriculture.

Even if others wanted to strangle it, they couldn't find a place to start. They wouldn't ban others from coming to travel and shop, would they?

In addition, as a biological son, the thigh above Casino, 1997 was thick enough to make people feel exceptionally at ease.

The scale of assets controlled by Su Yehao was likely to break through one trillion US dollars in the next few years. If there was no safe and stable nest to put the money, he probably wouldn't be able to sleep soundly.

As a member of the Su family, Su's father could very well understand his son's "persecution complex."

Since the family had hundreds of billions of dollars in wealth, he, as a father, didn't dare to be as flamboyant as before, showing off in front of his friends.

After hearing Su Yehao's words, Su's father replied:

"No problem, but it's best to do this kind of thing quietly in private. Otherwise, if we cut off other people's financial path, I'm worried that it will cause trouble. Many friends are immigrating to New Zealand for the sake of not paying inheritance tax. This thing can't retain people or collect money. The only ones who suffer are the workers who can't immigrate. It should have been abolished long ago."

"I think the Casino, 1997 side is quite active. It seems that they have long had the idea of becoming a tax haven to attract the wealthy and multinational companies. There's no need to worry about the land. Just rent it from next door. Anyway, the scale of the corporate headquarters that actually move in is small. A few dozen square kilometers is definitely enough."

Su Yehao had already sent people to contact and discuss the tax reform draft.

Singapore had not completely abolished inheritance tax yet, but it was no longer very lethal. Capital gains, dividends, or income earned from overseas were tax-free in Singapore, which was extremely attractive to multinational companies and corporate managers.

In order to compete for multinational companies and high-net-worth individuals, many countries and regions had recently introduced supporting welfare policies. With the situation in Casino, 1997, it was very suitable to get a piece of the pie.

Remembering something, Su Yehao added with a smile:

"By the way, my people were chatting with them, and before there was any result on the draft, they first negotiated a fund. Casino, 1997 will contribute, and my 5s Asset Management will also contribute to cooperate. The initial scale will be about 5 billion Hong Kong dollars. It looks like they saved a little family fortune by selling land and gambling licenses. I remember they were penniless in 2000. The entire Casino, 1997's fiscal surplus added up to less than 200 million Hong Kong dollars."

"Of course, Casino, 1997 has changed a lot in recent years. It finally has money to repair the infrastructure. Choosing to cooperate with you is probably to earn some money in the form of a sovereign wealth fund. Son, don't trick them."

After Su's father finished speaking, he couldn't help but laugh and added:

"If they weren't too poor, the Emperor Crab Island plan probably wouldn't have been approved so easily. The official shareholding is 10%, and our family's total investment is nearly 5 billion US dollars, which is equivalent to them earning 500 million US dollars all of a sudden. You have more influence than me now. As long as you promise to pay a certain amount of tax, the tax reform draft shouldn't be too troublesome..."

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