Chapter 1 Awaiting Her Return

Nangong Tian went to the UK for a week-long exchange program, and couldn't wait to return to Hong Kong City as soon as it ended.

She had resisted contacting him, wanting to give him a surprise, but when she got home, she found that Hao Ge wasn't there.

Su Yehao, who was accompanying Yin Liuli in Casino, rushed back to Hong Kong City as soon as he received the news. When he returned to Big Wave Bay, he was surprised to find that President Peng from the Bank of China was there, being entertained by the little girl, sitting in the living room drinking tea.

He had met President Peng a few times, and the cooperation had always been pleasant.

Ruffling the little girl's hair, Su Yehao sat down, his tone smiling, and first asked President Peng, "Why did you come so suddenly? I was out discussing some business matters and almost made you come for nothing."

President Peng smiled and waved his hand, saying:

"It's nothing, I just came to bring you some things, some Tibetan pork purchased from the plateau, as well as Gobi Tan lamb, and Yangtze River knife fish, all very fresh, and I've already had your nanny put them in the refrigerator. There are also some fruits, matsutake mushrooms, and dried goods, to thank you for helping me achieve so many targets."

For major clients like Su Yehao, it was worth the bank's effort to put in some thought.

Various top-quality ingredients were purchased from all over the country and sent to Hong Kong City by plane as soon as possible. Take the knife fish, for example, which was just caught this morning, one of the famous "Three Fresh Delicacies of the Yangtze River."

After listening, Su Yehao said politely:

"Thank you so much. I haven't actually tasted the fragrant pork and knife fish before, so I'll try them at noon today. Since you're here, I might be investing in a Japanese skincare company recently. I'm currently negotiating with Procter & Gamble, and it's likely to be tens of millions of US dollars in loans again."

"Oh? You're also investing in this type of business?"

"The people at the venture capital company think that company has investment value, but it's not certain yet, so we'll see."

Su Yehao vaguely explained in front of Nangong Tian.

President Peng's happiness was written all over his face. He laughed and said:

"Thank you, thank you! I really came at the right time today. In addition to sending some small gifts, I actually wanted to talk to you today about arranging our receptions and meetings at your East Phoenix Garden Hotel in the future. I've already brought you two meetings, especially an economic exchange meeting. There will be a lot of people, so we might have to book the whole place."

"What kind of exchange meeting? No problem, I'll help arrange it. The price is negotiable."

Su Yehao casually asked. Arranging orders at his own hotel was a routine operation, after all, the loan was processed at the Bank of China.

It was just a small favor, reciprocity.

"The Hong Kong-Guangdong Economic and Trade Cooperation Forum. You and your father are both pioneers in investing in the north. I'll say hello to the organizers and take a look at the exchange meeting? It's mainly for attracting investment and deepening cooperation between the two places. There are some tax reductions, preferential subsidies, and other schemes that look quite attractive."

Seeing that Su Yehao was interested, President Peng added, "There's a Hong Kong City freight terminal company preparing to invest in Shantou. According to what I heard, they will be given several hundred acres of land as a storage area, and they'll also be tax-free for many years."

"...I think I'll pass. I've invested in too many new projects recently. My dad is in charge of the real estate business."

Su Yehao shook his head and said.

The current investment promotion efforts in the north are enormous. In addition to taxes, the advantages of infrastructure, labor costs, and supporting industries are also becoming increasingly prominent.

With the economic downturn in Southeast Asia and the increase in operating and production costs, a large number of foreign investors are turning their attention to the mainland.

The mighty era has arrived, but this kind of business, mainly focused on low value-added, doesn't have much to do with Su Yehao at the moment.

President Peng mentioned it casually and didn't say anything more.

Continuing to chat for a while about the Guangzhou Sihai International Cultural Tourism City project, Su Yehao then learned that his father's loan procedures had been completed, with a total loan of 1.6 billion RMB from three banks, of which the Bank of China provided 850 million.

He hadn't contacted his father much recently.

Su Yehao only knew that the Cultural Tourism City project had been approved some time ago, and he had obtained 3,870 mu of land for 1.9 billion RMB, with a total estimated investment of no less than 5 billion RMB. The 1.9 billion RMB for the land purchase was paid in one lump sum.

Compared with the Pengcheng project, the land price was 200 million RMB more expensive, and there was no preferential policy of paying in installments over three years.

It was estimated that because some Hong Kong City real estate companies had not started construction on the land they had acquired a few years ago, and their intention to speculate on land was too obvious, they had been blocked. There were also requirements for the time of project construction.

If construction did not start within the specified time, the land would be taken back without compensation.

If it weren't for the fact that Su's father's investment was too large, so attractive that many people couldn't refuse, the project might not have passed. Because the Pengcheng Sihai International Cultural Tourism Town had just started construction, it was inevitable that people would suspect the real intention of eagerly acquiring land in Guangzhou, worrying that subsequent investment would not be in place in time.

The full marketization of real estate was still being explored, so it was normal to be cautious. Fortunately, Su's father not only financed the MDI Group, but also had the credibility of the normal development of the Pengcheng project to support him, so the Guangzhou project eventually passed without any major setbacks.

As for why he couldn't pay in installments.

According to President Peng, it was mainly due to the impact of the bursting of the Hong Kong City real estate bubble. From last year to this year, many mainland developers without sufficient strength went bankrupt, and the final payment for the land was nowhere in sight, and even the people couldn't be found, leaving the bank with a pile of bad debts.

In addition, the 1.9 billion RMB for the land purchase alone, even if it was deposited in the bank to earn interest, would generate more than 100 million RMB in revenue a year.

With the strength shown by Sihai International Group, it did seem a bit difficult to swallow two super-large projects at once, and it was reasonable to be suspected.

Furthermore.

The set of leveraging land acquisition and crazy expansion had only just begun to show a little sign, and strict supervision was a good thing.

Problems such as arrears of project payments, arrears of wages, and running away with money had already emerged in the process of crossing the river by feeling for stones. As the largest real estate projects in Pengcheng and Guangzhou, his father's side would inevitably be watched by many eyes.

In Su Yehao's view, it was fine as long as he could successfully acquire the land, and everything else was just a small problem that didn't affect the overall situation.

The Nasdaq bubble was growing stronger every day, and it would be at most one or two years before he ran away. When the time came, he would withdraw some money to help his father, and there would probably be no problem with funding, so there was not much pressure.

……

After chatting for half an hour.

As soon as President Peng was sent away, Nangong Tian hugged Su Yehao and kissed him on the face like a chick pecking at rice.

Only then did Su Yehao have time to ask her, "You came back suddenly without even saying hello. I was thinking of flying to England to pick you up and have a few suits made."

"Oh, can't you fit into your clothes anymore? I can accompany you to get them made this afternoon... maybe you need to be measured again." The little girl looked at his figure and told the truth.

Patting his stomach, Su Yehao said with a smile:

"Forget it, the weather is still hot. I'll wait until I lose five pounds before I go to buy clothes. Do you want to go upstairs now and do some meaningful exercise? It's important to exercise in a timely manner. If you delay, you won't want to move."

Not paying attention to her surroundings.

Jiang Yu passed by and happened to hear this sentence.

She felt the pressure that she shouldn't be bearing at this age, and she even had images in her head. Her mouth twitched and she complained, "Cough, cough, cough! Can you two be a little quieter in broad daylight?"