My 1999
Chapter 631 The left hand turns to the right hand
At that time, the cost-effectiveness of holding a large number of heavy assets will be very low.
Moreover, once an economic crisis occurs, the losses on book assets will be even more severe.
Therefore, transferring this part of the assets to a ‘real estate trust’ under your own control becomes the most appropriate choice.
The left hand holds the trust assets, and the right hand uses the shopping mall to develop value-added businesses such as fashionable women's clothing, children's playgrounds, and boutique department stores, killing two birds with one stone.
Of course, not all real estate in Xu Liang will be sold, and the core business circles of first-tier cities will definitely be retained.
Moreover, with real estate trust, he does not need to hesitate whether to enter third- and fourth-tier cities in the future.
It’s completely possible to enter using light asset operations.
Boss Xu's heroic words made Fu Jixun extremely envious.
But they do have the qualifications.
The money earned by one Hanhua Group last year was more than enough to acquire four CapitaLand Group companies.
What's more, there is also the extremely mysterious Hongyan Fund, which is rarely reported in the media.
Acquiring CapitaLand is really not a problem.
"Mr. Xu, would you like me to consult for you?"
As a native Singaporean, Fu Jixun has worked for the Singapore Science and Technology Agency and DFJ for many years and has deep connections.
"Need not."
Xu Liang waved his hand.
The current CapitaLand Group is still a bit small for him.
After two more years of development, the real estate development + trust model will become more proficient, and then it will be more valuable for acquisitions.
Moreover, the years before the subprime mortgage crisis were Taihua's golden period of development, and it was easier for local companies to acquire land.
Finally, when the subprime mortgage crisis and the global real estate industry are in mourning, it is the most suitable time to buy CapitaLand Group at the bottom.
"Just keep an eye on it for me." Xu Liang ordered.
"OK."
The conversation between the two turned to the development of Fund No. 9, and they continued chatting until noon. Fu Jixun left after having a lunch.
"Dad, Uncle An, what are you doing?"
Seeing the two old men moving out with shovels and hammers, Xu Liang couldn't help but ask.
"Kaiyue is about to give birth. Your father-in-law and I are going to build a swing on the lawn behind so that my eldest grandson can play in the future." Old Xu said with a smile.
"My dad, your grandson hasn't been born yet. He won't be able to play on the swing until he is at least one year old. It's too early now."
Lao Xu glared.
"Do you want to take care of it? I'll make a swing for my grandson, and I'm happy to. ...Brother An, let's go and leave this bastard alone."
No matter what Xu Liang's status is in the eyes of others, in Lao Xu's eyes, he is still the bastard son who was kicked by him.
Seeing the two old men walking away, Xu Liang smiled and shook his head.
He knew that his father was free.
When I was in the capital, there were many old men and women walking around in the alleys, playing cards and chess, chatting and amusing themselves, and it was a happy day.
But in Singapore, Nathan Road is full of villas of all sizes. Let alone old men and old ladies. Apart from cars, there are basically not many people on the road.
And even if someone speaks Ingrid in Hokkien, Hakka or Cantonese, neither Lao Xu nor An Jianguo can understand it at all.
Coupled with the different living environment, they can't chat with the locals.
Therefore, since arriving here, the two old men have become close friends. After playing cards and chess, they like to buy various toys for their eldest grandson who is about to be born.
"Xiao Xu, just go about your business and leave them alone." Yao Lifei said with a smile.
Xu Liang nodded and looked at her dressed up, "Aunt Yao, what are you...?"
"Oh, I don't have much meat and vegetables at home. I'll go to the supermarket to buy some."
"You can just let the people below do this kind of rough work. Why do you have to do it yourself?"
"They only know how to buy, not choose. Moreover, when it comes to spending money like this, you can rest assured that your own people are responsible for it." After saying this, he waved his hand.
"I'm going to go first and get busy."
"Aunt Yao, walk slowly."
He looked at Yao Lifei, dressed in a cheongsam and an English hat, walking away accompanied by a Filipino maid and two bodyguards.
Ever since she came to Singapore, this charming mother-in-law has fallen in love with this gorgeous international city.
As long as I have time, I will take my Filipino maid and bodyguard to visit various high-end shopping malls.
Moreover, under the guidance of Qiu Meiyu, she joined the circle of Singaporean upper-class ladies and lived a happy life.
Especially after Wang Lingxiang came over and took over the burden of taking care of An Kaiyue, she completely let go.
Seven days a week, half of the time is spent floating outside.
Cheaper than me, my father-in-law is much more chic.
"Mr. Lu, it's almost time." Lu Hui reminded.
Xu Liang nodded, turned around and entered the room. After changing his clothes, he came to the second floor.
An Kaiyue is doing pregnancy exercises with the help of a nanny.
Next to her, Wang Lingxiang frowned. In her opinion, what pregnant women need most at this time is to rest.
However, one good thing about her is that she can listen to what others say.
Since both her daughter-in-law and her son think that this kind of "scientific" pregnancy exercise can help with childbirth, she can't say anything.
"Busy now?"
"husband."
An Kaiyue, who was slightly sweaty on her forehead, walked over with a happy face.
"Hey, my aunt, your belly is so big, please slow down." Wang Lingxiang quickly went up to help her.
"Mom, it's okay."
"Caution is the boat."
Xu Liang stepped forward and held An Kaiyue's right arm, "Is the brat naughty?"
"I was still moving when I was doing maternity exercises just now, but it's quiet now. ...I'm moving again."
Xu Liang knelt down on one knee and placed his cheek on An Kaiyue's belly.
You can clearly feel a force being transmitted through you, and a little guy with his eyes closed unconsciously appears in his mind, kicking his legs and pumping his fists.
An inexplicable feeling emerged from the bottom of my heart.
It was warm and warm, as if it had spread to the depths of my bones.
"This little guy will definitely be a troublemaker in the future. He was so dishonest when he was in his mother's belly." Xu Liang said with a smile.
"Didn't I just follow you? Since you were a child, you have been naughty, climbing on walls and houses, what things have you never done?
Also, when I was in kindergarten, I lifted up a little girl's skirt and even started a fight. I don't know how many times I apologized to others. "Wang Lingxiang unceremoniously revealed the truth.
"Ahem, Mom, this is an old almanac from many years ago, why are you mentioning it? Now I'm talking about your grandson."
Boss Xu was a little embarrassed guarding so many people.
"My grandson is definitely better than you."
"You're absolutely right."
A man's vanity does not accept that any other man is better than himself, even if it is an objective fact.
The only exception is his biological son.
This is called a tiger father without a dog son.
"By the way, Mom, Kaiyue, I will go to Qiu's house to see Mr. Qiu in the evening. I won't have dinner at home."
Wang Lingxiang frowned and said, "Isn't it okay if I don't go?"
"Mr. Qiu has helped me a lot in business. Now that he has been discharged from the hospital, I have to go and see him. Moreover, in the future, our Xu family will take root in Singapore, and we will also need some local friends."
"Then you bring more gifts, but no drinking."
"I got it, Mom."
He turned to look at his 'third aunt'.
"Be good at home and I'll try to come back as soon as possible."
An Kaiyue smiled and nodded, "Be safe on the road, my baby and I are waiting for you at home."
"Um."
After giving her a gentle kiss on her fair and smooth forehead, he turned around and left with Lu Hui.
——
"Brother, congratulations on your discharge. After this experience, you will definitely live to be a hundred years old." Huang Zuyao said with a smile.
"Haha, I'd like to lend you some good advice. But I know my body well, so I just have to live one day at a time."
Qiu Deba, who was sitting on a recliner with his hair and beard all white and showing his age, sighed.
"You can't say that. We must maintain a positive and optimistic mood, so that we can live a long and healthy life."
"Well, I'm not as competitive as your brother, Yi Zong, Yi Chao, and Yi Lin. Although Ding Wen, the grandson, is young, he is steady, smart, and far-sighted, and he will be able to inherit the Huang family's business in the future.
So retire early and enjoy family happiness.
As a big family of mine, we fight for everything. If they don't make me mad to death, I will burn incense. "
Qiu Deba expressed envy.
Compared with this old friend, his eldest son Qiu Jinshan was only a mediocre person, while his second son Qiu Jinchuan broke his heart by engaging in eating, drinking, whoring and gambling.
The younger son Qiu Jinhai is determined to be a film director and has no intention of inheriting the family business.
On the contrary, the daughters are smart and capable.
But his daughter is not his son after all. If he had no choice, he would not pass on the family business to his daughter.
"What you said is right, brother. In the entire Chinese community in Southeast Asia, who doesn't say that Jin Hai has a keen eye for talents and caught Xu Liang, a talented person. In less than three years, he earned four to five billion U.S. dollars. Banks are not that quick.”
Hearing the envy of his old friend, Qiu Deba's eyes became filled with contentment.
Although the eldest son has mediocre talents in business operations, he is more sincere, stable and, most importantly, lucky.
After meeting Xu Liang more than two years ago, we have maintained a good relationship.
Whether it is the other party buying a house or the young wife looking for a hospital, we are busy and do our best.
The relationship is getting closer.
Xu Liang also reciprocated the favor. Others invested in Hanhua Qinglong and Pacific Funds, both of which had limits.
If you want to invest 10 yuan, you will only be given a limit of 3 yuan, or even 2 yuan.
But for the Qiu family, there has never been a limit.
Therefore, over the years, the Qiu family has received nearly US$300 million in dividends from Hanhua alone.
Although the Li family in Xiangjiang was closed, Fourth Uncle Li and his family made more money, but they were still more than enough.
It's enough to make people extremely envious.
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