Tao Liangchen

Chapter 932 The Bearing and Temperament Haven't Caught Up

Zheng Yongwen occasionally came to the mainland and felt that the changes were enormous.

From his perspective as the CEO of the Hong Kong Stock Exchange, the rapid economic development in the north was undoubtedly a huge benefit to Hong Kong.

For example, in the tourism industry, the wealthier mainland residents became, the more tourists traveled to Hong Kong for shopping, which drove the consumer industry and directly or indirectly created numerous job opportunities.

In addition, there were trade and finance, the two pillars of Hong Kong's economy, mainly acting as a bridge, responsible for communication between the mainland and the international market.

Hong Kong itself, with its small market size and lack of manufacturing, had long completed its transition from substance to speculation.

Last year, the tertiary industry accounted for nearly 90%, while manufacturing accounted for only about 1% of GDP. The four pillar industries of trade and logistics, finance, professional services, and tourism accounted for 60% of its total GDP.

In the past, there was still the necessity of being a window for foreign trade. In reality, with the mainland's accession to the World Trade Organization and the emergence of a large number of private enterprises and the completion of numerous technical infrastructure projects, Hong Kong's advantages had rapidly disappeared.

The situation had already changed, but many Hong Kong residents did not seem to realize this.

Zheng Yongwen specialized in finance and economics, and his perspective on issues was naturally different from that of ordinary people.

The north had only just begun to improve, and the number of middle-class people with annual incomes above $5,000 had already exceeded 60 million.

In his opinion, this number was a bit alarming.

However, the per capita income of this middle class was averaged out by the huge population, which made it seem less eye-catching and quite deceptive.

This explained why there were still more than eight million mainland tourists visiting Hong Kong last year despite the SARS outbreak. Indeed, a large number of people had really begun to get rich.

After spacing out for a while, Zheng Yongwen suddenly asked Su Yehao:

"You have experts under your command who specialize in studying the mainland market and have carefully planned for your family, right? Otherwise, how could your vision be so sharp? You came to the mainland to lay out your plans so early. I suddenly realized that your family's business in the mainland is simply too exaggerated. Sihai International Group's plan for hundreds of shopping centers, your mother's chain pharmacies, and even your girlfriend's entertainment company and chain cinemas all have great potential."

Su Yehao once again used the all-purpose excuse to perfunctorily say:

"Maybe that's just luck. At that time, the Asian economy was sluggish, and there were no particularly good investment channels. I felt that the mainland economy was growing very well, so my dad went over to test the waters. Who knew that the more he invested, the more he invested? If the same funds were placed in Hong Kong, it would be a blessing to earn double by now."

"That's right. The golden age of entrepreneurship in Hong Kong has long passed. It is a place where miracles are difficult to occur. The cake is only so big, and so many tycoons divide it up, and in the end, only some scraps are left. If fresh blood is not introduced from the mainland, the Hong Kong Stock Exchange will probably only be like this, and it will be difficult to have much room for growth."

Zheng Yongwen had some research in macroeconomics.

After the Southeast Asian financial crisis, he also published a book analyzing related issues.

With the support of students from the HKU School of Business and Economics, it only sold a few hundred copies in the end. In his own words, it was simply a waste of time.

Most ordinary people only care about the current situation of their lives and have no interest in why problems occur.

Anyway, the division of labor in modern society is clear. When problems really arise, you can scold the people responsible for related work. For some troubles that are beyond reach, it is useless to consider so much. In the end, it is likely to only cause trouble for yourself.

Su Yehao used to be able to ignore everything outside his window, but now he has to consider some economic development strategies.

In response, he can only say that the scale of the business is indeed large, and he has the strength to jump out of the chessboard to a certain extent and choose to be a chess player as a businessman.

The game involved may reach trillions of dollars in the future.

At this level, let alone millionaires who have no strength to participate, even ordinary billionaires can only look up to them.

If merchants are classified into levels, Su Yehao is undoubtedly one of the small group of people standing at the highest point. Therefore, compared with Baoya Jun and He Shaofan, he is more willing to communicate with Zheng Yongwen, because their thinking on problems is basically the same.

But when it comes to eating, drinking, and chatting about gossip, his group of mean friends are undoubtedly more suitable.

At this moment.

Su Yehao was also looking at the street scene.

At first glance, he saw a tall building of thirty or forty floors with glass curtain walls, which looked quite beautiful.

Looking at it carefully, it turned out to be an office building under Sihai International. The number of projects invested by his family was exaggerated, and it was normal for him not to recognize it.

The newly paved asphalt road had just been watered not long ago, and Su Yehao said with emotion:

"Pengcheng is like a relocated household. It has begun to become wealthy in a short period of time, but the temperament and background have not kept up. In the stage of barbaric expansion, many problems will inevitably occur. Overall, it is still worth the flaws. Many people in Hong Kong have not corrected their mentality. In fact, compared to staying in Hong Kong and fighting to the death, there are opportunities everywhere in Pengcheng. Even buying a house can make you a winner in life."

"Well, Hong Kong is said to be a developed region, but in reality, the pressure of life is huge, and the quality of life and economy do not match, especially in housing."

Zheng Yongwen jokingly added:

"The changes in the mainland are so great that people of different ages should feel like they are in different worlds. The elderly have experienced famine and poverty, and are starting from scratch. Middle-aged people have encountered the tide of reform and are more open-minded than the elderly. When the current young people grow up, the situation will change again."

Su Yehao deeply agreed and replied:

"Many old people may not be able to adapt to the new rhythm. There is a huge generation gap between different age groups. This is an interesting idea that can be used in many fields, such as the advertising industry. Some advertisements claim to be aimed at billions of people, but in fact, they can only arouse the interest of some people. It must be targeted. The Internet is the same. I always thought that tens of millions of netizens were a bit small, but the potential user base may not be as large as imagined. Some people have a relatively poor ability to accept new things."

"...Don't forget that I am not young. Your words are a bit sarcastic. I, a middle-aged man, have never played online shopping or online games, and I have never been very interested in them."

Zheng Yongwen was unwilling to admit that he was getting old, but the world was indeed changing greatly.

There was a company in the Hong Kong Stock Exchange that sold stamps and postcards. A few years ago, it still had a market value of 20 to 30 million Hong Kong dollars. In recent years, its performance has declined continuously. The business of traditional newspapers and advertising companies is also not doing well.

The impact of the information age on traditional life has been quite obvious...