The pharmaceutical market in Hong Kong is only so big, and its room for development is limited.

In recent years, the Tang family's business has basically stagnated. On the contrary, they've made a lot of money from rising real estate values and investment income.

Regarding Su Yehao's proposal to develop new markets in the mainland.

Mother Tang only said that someone had mentioned it before, and they were considering it, thinking about investing in and operating a chain of pharmacies, and using their resources to distribute and sell some medicines and medical devices.

Father Su also took the opportunity to propose the idea of opening a private hospital in Pengcheng, hoping to increase the added value of the cultural tourism town project, and frequently transferring doctors from Hong Kong to take shifts on a rotational basis.

If there was a top-notch hospital around the "town," residents would probably feel more at ease.

Being able to quickly save lives at critical moments, isn't that much more important to rich people than spending more money to buy a house?

Talking about this, Su Yehao learned that the old equipment about to be replaced in the hospitals managed by his mother had been bought by a medical device distribution company in the mainland, with a package price of more than 17 million Hong Kong dollars.

The old equipment from a few years ago still works fine, but its functions are not as advanced as the new models.

It's similar to buying a used car. You can still drive it, finding a balance between practicality and economy.

His mother's business is developing steadily and is relatively worry-free. It has long been established, and it is difficult to lose money in opening hospitals and buying medicines.

As for the Four Seas International Cultural Tourism Town project.

It's basically been negotiated, and it's unlikely that there will be any more changes.

Pengcheng has a government-led OCT project, but the project focuses on cultural tourism. This time, Father Su focuses on commercial real estate and residential projects, which happens to fit the mainland's policy of developing the real estate industry.

In addition, due to urban construction, driving economic employment, stimulating investment confidence among merchants in the two places, and many other factors, the higher-ups are clearly treating this project as a pilot and benchmark, such as land acquisition through land reclamation, and even future loans, opening all the green lights.

When Su Yehao accompanied him on the inspection, the bank president personally accompanied them in order to win the large order.

Four Seas International Group currently has nearly 2.4 billion Hong Kong dollars in cash in its account. The engineering payments owed by Singapore have been received. Considering the year-end accounting and reasonable tax avoidance, Father Su is eager to reinvest the money.

During lunch, in front of his wife, he discussed giving Su Yehao the golf course, worth more than 300 million Hong Kong dollars, in the form of a family charitable trust.

It's not hard to guess.

He's worried about failing in gambling and is preparing for the worst, wanting to leave his son with more capital.

It's obviously unnecessary worry.

Su Yehao has many fallback plans. Even if his father loses everything, he can inherit hundreds of millions from his mother.

Once the golf course is donated to the family trust fund management in the name of "charity," although Su Yehao can still be responsible for managing it after controlling the decision-making power of the family trust, it is difficult to use it for mortgage loans and freely dispose of the funds, because strictly speaking, the golf course has already been donated.

Moreover, the nominal ownership will be removed from their family.

This is not in Su Yehao's interest. He can only enjoy it symbolically, telling others that he has a golf course, but he cannot use it for loan interest or sell it for cash.

So Su Yehao was uncharacteristically tough and simply shook his head and refused, saying that it would be better to give him more money to start a business and test the waters...

——————————————————

In the afternoon, he took Nangong Tian to the University of Hong Kong to listen to a lecture.

The person standing on the stage in the auditorium was the honorary vice president of the School of Economics, named Zheng Yongwen.

In his early forties, wearing glasses, he used to be a senior executive at Hang Seng Bank, unmarried, resigned from his job at home, retired early, and was already financially free.

Su Yehao knew this mainly because he had just heard his mother mention him during lunch.

A few years ago, this guy had been in love with Little Aunt Tang, almost to the point of getting married, but later they broke up due to certain things.

Sensing the scent of gossip, Su Yehao specifically inquired about it and learned that there happened to be a public lecture, so he brought Nangong Tian to join in the fun and sat in the front row.

Today's main topic is the 1992 exchange rate storm that targeted the British pound.

It's a pity that this Zheng Yongwen likes to mix Chinese and English when speaking, and often says a long string of economic terms that Su Yehao doesn't understand very well.

At this critical moment, digging up the old calendar of Soros targeting the British pound is undoubtedly targeted.

Su Yehao heard it, but wasn't too interested.

Sitting in the front row, he was distracted and daydreaming.

Recalling during lunch, Father Su actually enjoyed himself, even though he was anxious and worried recently.

Even if he really owns most of the shares in the cultural tourism town project and actually spends a lot of money, the Four Seas International Building in Central Hong Kong, the office buildings, apartment buildings, hotels, golf courses, luxury houses, etc. in Casino, 1997 will still be very stable.

So it's not a desperate gamble. His family's wealth can support Father Su's ambition, and he's enjoying the excitement brought about by the entrepreneurial process.

According to Su Yehao's understanding of real estate developers, the key to making money lies in borrowing money to make money.

The process of developing real estate is probably that the real estate developer first advances funds to acquire land, and after obtaining the land certificate and construction permit, it is approved to pre-sell houses, build the real estate, and finally landscape and complete the surrounding areas.

Land, various taxes, and construction costs are not small.

The key issue is that these costs often do not require the developer to pay for themselves.

With 30% to 50% of its own funds, it can obtain bank loans after all the certificates are complete, which is enough to support the remaining development work. The total investment is estimated to be 3 to 4 billion RMB, which is about enough with the money on Four Seas International's books, even if it occupies the entire project alone.

Su Yehao supplemented the details and regretted that his father was unwilling to listen to his suggestion to develop amusement and commercial facilities first, and then develop housing projects.

He was probably worried that the speed of return would be slow and the funds would be difficult to turn around, so he planned to start construction on the amusement park first, and after erecting the Ferris wheel, he would launch the commercial real estate project and the residential project at the same time, and sell the properties to the public.

Considering that the land area is large enough and development takes time, it will take at least five or six phases to put it on the market, and the profit is very guaranteed.

It's nothing more than selling part of the residential properties first, and earning less money in the future.

If the money from selling houses is used to buy land again, it's actually the same earning, not much difference, just a little more work.

Su Yehao was extremely gratified that he had led the old man in his family onto the right path.

In the auditorium.

Everyone was listening attentively, but Su Yehao was dozing off. His performance successfully attracted the attention of Honorary Vice President Zheng Yongwen.

Being distracted at this time was undoubtedly disrespectful to Dean Zheng.

The other party came to Su Yehao, patted him on the shoulder, and asked:

"This classmate, what are you thinking about? You look so focused and serious. What part of my lecture gave you inspiration?"

Su Yehao continued to sit.

Looking up at Vice President Zheng Yongwen, he only felt that he was so arrogant.

He may be arrogant and talented, or his personality is like this. Judging from the preliminary information, this guy is indeed very capable, earning hundreds of millions of dollars in his thirties and retiring successfully.

Otherwise, it would be impossible to become the honorary vice president of the University of Hong Kong, hanging a virtual position in the school, and occasionally giving lectures to students.

Anyway, Su Yehao's impression of him was average, and he also understood why his little aunt broke up with him. The two obviously did not belong to the same category.

Staring at Zheng Yongwen, after observing him up close, Su Yehao calmly said:

"I'm thinking about what you would invest in if I gave you 50 million. The financial turmoil in Thailand has affected the entire Southeast Asian market. Capital likes to eat people without spitting out bones. It's impossible to stop after making a little money. Hong Kong's property market and stock market have both fallen, and Singapore and South Korea will also be affected. How can I make quick money?"

Zheng Yongwen smiled and asked, "You're talking big. You'll give me 50 million? Earn 50 million first."

Beside him.

Nangong Tian also didn't like this guy. The most important thing was that he dared to underestimate her dear Hao-ge. She decisively interjected, "Vice President, he is Su Yehao, your ex-girlfriend's nephew."

"..."

Zheng Yongwen, who was still aloof and immersed in the capital battlefield just now, instantly understood.

Having been in contact with the Su family and the Tang family, 50 million was really just a drop in the bucket. Zheng Yongwen also saw the news in the *Hong Kong Morning Post* that the University of Hong Kong had a genius who made a fortune of 70 million Hong Kong dollars in the stock market.

Calculating the recent gains of Yahoo, the stock price has reached a new high, touching the 53 US dollar mark, and the actual total income is close to 100 million Hong Kong dollars.

Su Yehao was thinking about waiting, but the money redeemed and mortgaged for the watch was still in the bank, and he couldn't enter the market in time to increase his position.

Judging from Yahoo's trend in the past two days, it was a small loss.

It is impossible for people to earn all the money, and it is impossible to always copy the lowest point and the highest point. Su Yehao is already satisfied.

Zheng Yongwen laughed and said, "So it's you. I've seen you once from a distance before. You've changed too much in the past few years, and I didn't recognize you."

"It's been several years since they broke up. My little aunt is doing very well recently."

Su Yehao smiled and quietly cleared the relationship.

Today, he just came to find out what kind of man his mother's sister used to like. He didn't have any intention of catching up.

Although the honorary vice president in front of him is also a proper successful person, Su Yehao's family are all so-called elite wealthy families. There is no need to hug anyone's thighs. The honorary vice president does not have much real power and cannot control Su Yehao.

Zheng Yongwen sighed quite a bit, quickly regained his composure, and continued to focus on the lecture.

He returned to the podium and continued:

"Student Su Yehao asked me a very good question. He asked me what I would invest in if I had 50 million Hong Kong dollars."

"In the short term, everyone in Hong Kong is in danger. Many experts believe that the Hong Kong dollar may also be forced to float freely like the Thai baht. In my opinion, this is indeed possible. In the past few years, the stock market has risen sharply, and the property market has risen sharply. The economy has serious bubbles, and the risks and potential dangers are great."

"But don't forget, we now have the support of the North, and our Hong Kong is not Thailand. We still have hundreds of billions of US dollars in foreign exchange reserves on our books. In May, international financial speculators used futures and spot tools to simultaneously exert force in Hong Kong's foreign exchange market, stock market, and futures market, and began to target the Hong Kong dollar, but ultimately failed."

"If it were me, I would take 50 million to short the New Taiwan dollar, the Korean won, etc., as well as the stock markets in these places. If you want to say where can escape the disaster, other than Japan and Singapore, it should be here, but the stock market and the property market will inevitably plummet..."