Chapter 164 Investing in the Mainland

　　Su's father went north to participate in a land auction, attempting to secure a plot near Casino, 1997.

　　The area was more than three hundred mu (a Chinese unit of area, approximately 667 square meters), and the estimated floor price per square meter would not exceed eight hundred RMB. Including taxes, construction, landscaping, and so on, the total cost would be around one thousand two or three hundred, which should be sold for about two thousand.

　　These were the figures obtained from Counselor Jiang. Compared to the old buildings in Casino, 1997, which cost four to five thousand per square meter, they had a slight advantage, suitable for young people to settle down and the elderly to retire.

　　It was impossible to lose money at this price. Su Yehao didn't get involved, and he was happy to see it succeed.

　　Coincidentally, he came to the headquarters of Sihai International Group. Su Yehao went directly into his father's office and asked people to send over the preliminary design plan and other materials for the cultural tourism city in Pengcheng.

　　It was a thick stack, and it took him more than an hour to read it all.

　　The last time he had dinner with his father, they only chatted briefly. After reading these materials, he had a better understanding of the entire project.

　　For example, about a quarter of the land would need to be obtained through land reclamation. Next to it was the Shahe Golf Course, and the designers planned to build some villas.

　　Another example was that the land acquisition funds would be paid in three years. The local government of Pengcheng would be responsible for completing all the procedures after the first payment of 700 million RMB, and construction could start at any time.

　　The loan details with the bank were also being finalized. According to the secretary, many banks were vying to cooperate, and they were calling one after another to inquire about the situation.

　　Strictly speaking, he missed the best time to acquire land.

　　In Hong Kong, some real estate companies didn't have the condition that the land would be taken back without compensation if it wasn't developed for a long time when they acquired land a few years ago. Therefore, they could keep delaying construction.

　　But now, in order to prevent land hoarding and speculation, the Sihai International Cultural Tourism City in Pengcheng must start construction within two years after the official signing of the contract at the latest.

　　However, in Su Yehao's eyes, this was not a big deal.

　　He could slowly develop it in several phases, wait for the house prices to rise, and the financial pressure wouldn't be too great. A total of more than four thousand mu of land had been planned, and it wouldn't be too much to develop it for ten years.

　　Having a clear understanding in advance, Su Yehao was satisfied.

　　There was no need to worry about the family business for the time being. What needed to be prepared had already been done. He then began to consider his own business.

　　Sitting at his father's desk, he called Nong Qingying.

　　Yesterday morning, Nong Qingying had already taken a plane to Si Jiu City with professional talents such as accountants and lawyers. The Yinhai headquarters was there.

　　After the call was connected, Su Yehao asked with a smile, "How is it going? Have you gone out shopping? Save the Great Wall. I'll climb it with you next time. I haven't been there yet."

　　Nong Qingying told him:

　　"We need to wait for the finance department to check the accounts. They also need to review the contract details. If there are no problems, we will officially sign the contract tomorrow morning. There is still time. Do you want to buy a ticket and fly over? Let's go eat Peking duck together tonight?"

　　"Me too?"

　　Su Yehao was a little tempted.

　　Having seen Pengcheng in this era, he was also very interested in the old Si Jiu City now. He really wanted to buy some cheap antiques and keep them for appreciation, or find a top-quality siheyuan (a traditional Chinese courtyard house) at the foot of the city wall.

　　He had nothing to do anyway, and he had a valid permit. When he went to the mainland for inspection last time, he applied for a multiple-entry business visa, so he could leave whenever he wanted.

　　Su Yehao asked Nong Qingying to wait for a while, and immediately called the secretary to check the latest flight to Si Jiu City.

　　He learned that there were no flights today and that he would have to wait until tomorrow afternoon.

　　By then, the contract should have been signed. The temporary idea quickly died out. Anyway, Yinhai only had a dozen people at the moment, and it was not cost-effective to buy a siheyuan now. Moreover, he might not be able to find a suitable mansion even if he went there. It wouldn't be too late to go again after he was fully prepared.

　　He gave up on the idea.

　　Contacting Nong Qingying again, Su Yehao said regretfully, "The closest flight is at 3:00 p.m. tomorrow. Let's forget it. There will be many opportunities to go there in the future. After Yinhai gets the money and develops for a while, I'll take you to inspect it."

　　"...Okay, then I'll sign the contract tomorrow and then go back to Hong Kong. How about dinner then?" Nong Qingying asked over the phone.

　　"Okay, if you have nothing to do, can you ask if there are any suitable siheyuan for sale? It doesn't matter if it's old and dilapidated, you can tear it down and rebuild it, but the area must be large and the location must be good. It's best if it used to be the residence of princes and ministers."

　　After hearing Su Yehao's words, she asked in confusion, "Do you want to buy a house here?"

　　"Yes, keep it for investment and occasionally go there for vacation. My dad should still have some money left. I want him to build shopping malls."

　　"But there's nothing here now."

　　Su Yehao smiled and said, "It's because it hasn't been developed yet that the appreciation space is so large. Hong Kong has been developed for so many years, and it has everything it needs, but the house prices are so expensive. From an investment perspective, emerging markets are more suitable."

　　Nong Qingying's voice continued to come:

　　"That makes sense. I took a car around this morning. There are people everywhere and construction everywhere. It feels like old Hong Kong in the 1970s. My family has a photo of my parents taken on the top of the mountain. There aren't many tall buildings on both sides of Victoria Harbour. If they had bought a house back then, wouldn't they have made a fortune?"

　　"It's the same principle. For investment, as long as you're optimistic about it, the sooner the better."

　　Su Yehao knew that Nong Qingying was very interested in making money, and then told her, "I want to invest in siheyuan because I like those old buildings. When Yahoo stops rising, I'll help you look for opportunities in the mainland stock market. It also has a lot of potential."

　　……

　　Nong Qingying couldn't stay idle, so Su Yehao threw the work of KOKO venture capital company to her.

　　As for Su Yehao himself, his mind was currently mainly on tAt Network Company. In his eyes, there was almost no difficulty in investing in projects step by step. Starting his own business was different and more interesting.

　　For two consecutive nights, he stayed in Yin Liuli's apartment.

　　When it was time for his appointment with Jiang Yu, he rushed back to Hong Kong again.

　　After the yacht docked, Su Yehao first called Nangong Tian to tell her that he was safe and made an appointment to eat barbecue at noon.

　　Jiang Yu didn't say when she would move out.

　　Su Yehao didn't specifically ask the principal to apply for a dormitory for her.

　　Not to mention anything else, it was quite pleasing to the eye to see her, a beautiful girl, wandering around under his nose every day.

　　He returned to the apartment in Shun Tak Centre.

　　Nangong Tian went to school and wouldn't be free until noon. The housekeeper cleaned up in the morning and wouldn't come back to cook until the evening.

　　Jiang Yu and Su Yehao sat on the sofa to watch TV.

　　She was slightly restrained and tried to find a topic, saying, "It feels weird without Nangong at home. My dad plans to partner with you in business, but don't mess around, lest my family can't afford to eat."

　　"How could that be? I'm here to help your family get rich. Am I that unreliable in your eyes?" Su Yehao asked rhetorically.

　　Jiang Yu nodded as a matter of course, "Very unreliable."

　　"……It doesn't matter if you don't believe me, believe your dad. He's such a smart person. When he heard that I wanted to invest in the tourism industry, he came over without saying a word. He must have smelled a business opportunity."

　　Su Yehao was too lazy to explain anything to her, adding, "It's a bit troublesome in the early stages, but as long as the travel agency becomes successful, it will be able to make money with its eyes closed in the future. We've caught up with a good time."

　　Jiang Yu patted her chest and pretended to be surprised, "So confident? Damn it, the more you say that, the less confident I am."

　　Glancing at Jiang Yu, Su Yehao rolled his eyes at her and said,

　　"Your brother Hao used to be just lazy. Once I get serious, even I'm afraid of myself. How about a bet? Let's bet that the travel agency can make money. Maybe one day, there will be a chance to be listed on the stock market. If you win, you can make any request you want. If you lose, you'll be my third concubine."

　　"……Why the third concubine?"

　　Suddenly there was the sound of the door opening.

　　After receiving Su Yehao's call, Nangong Tian skipped class and ran back.

　　Su Yehao was instantly subdued.

　　He coughed and lowered his voice to Jiang Yu, saying, "I was just kidding, don't take it to heart..."