Rebirth of the Golden Chaebol

Chapter 550 Two tests

"If Huoyuan Fund is really eyeing Hong Kong stocks, then I will definitely come to the rescue."

"If you suffer a loss once, you will never suffer a loss again."

Xu Zongcheng's words made Li Xinghe slightly relieved. It seemed that his decision was right. If he wanted to save Hong Kong City, coming to Xu Zongcheng was the most practical and useful choice.

During the Hong Kong City crisis ten years ago, the Xu family also suffered a lot of losses. Especially the proud look after the Huoyuan Fund succeeded made Xu Zongcheng extremely angry and publicly rebuked it in reports.

Not only because of the huge losses of the Xu family, but also because of the Huoyuan Fund's plunder of the Dragon Kingdom.

Xu Zongcheng is a true patriot at heart. I have heard many stories about his deeds in his previous life. He has helped the Hong Kong government several times economically, repelling the eager eyes from outside and preserving the Hong Kong city's economy.

A person can be hypocritical for a while, but cannot be hypocritical for a lifetime. At least Xu Zongcheng, who has known Li Xinghe for more than thirty years in his previous life, is a person who can be trusted.

"That's great."

Li Xinghe said excitedly: "Mr. Xu, the end of the month is approaching, and this matter must be arranged as soon as possible."

"I will save Hong Kong stocks, but I didn't say I could trust you."

The conversation suddenly changed, and Li Xinghe was stunned. It seemed that gaining the trust and approval of such a big boss was not an easy task.

"Others say you are smart and capable, but I never believe what I hear from others. I only believe that seeing is believing."

Li Xinghe frowned slightly, "Mr. Xu, do you want to test me?"

"Yes, do you dare to accept my test?"

"certainly."

Li Xinghe nodded confidently. He didn't dare to accept any test, so how could he talk about saving the Hong Kong stock market?

Xu Zongcheng showed admiration on his face. Li Xinghe's confidence and decisiveness were indeed qualities that many young people did not have. For this reason, Li Xinghe had already won some favor from Xu Zongcheng.

"very good!"

Xu Zongcheng smiled and said: "The first test is the development of our Xu family."

"You should understand that our Xu family is mainly engaged in real estate, but in recent years, the real estate industry has fallen into a bottleneck. How do you think it should be solved?"

Li Xinghe pondered deeply. Seeing this, Xu Zongcheng smiled and said: "Young man, you don't have to worry about this matter. Give me the answer now. After all, this problem is not easy to solve. I have thought of many ways in the past few years, but in the end I have no solution."

…”

"I have an idea."

"Um?"

Xu Zongcheng was stunned. He had been thinking about it for several years but had no way to deal with it. Li Xinghe only thought about it for more than ten seconds and found a way?

Isn't this a slap in the face to a veteran who has been working in real estate for decades?

Xu Zongcheng looked embarrassed and asked: "What do you think?"

Li Xinghe said: "The real estate industry in Hong Kong City has reached its peak and there is not much profit margin. Instead of continuing to struggle in this industry, it is better to take advantage of the peak to sell real estate and transform."

"Transformation?"

When a company's development reaches a bottleneck, transformation is indeed the best way, but it also faces the choice and risks of which industry to transform into.

For now, real estate is still a gold industry. Xu Zongcheng doesn’t want to give up even after thinking about it again and again. But if he doesn’t give up, this bottleneck will not be broken through. This is why Xu Zongcheng is extremely entangled.

"How do you think we should transform?"

Li Xinghe's decisive answer aroused Xu Zongcheng's curiosity.

"From real estate-based enterprises to service-based enterprises, the four pillar industries of commerce, culture, finance, and e-commerce will be formed. This is the general trend in the future."

"Longguo's economy is developing very fast. However, in just a few decades, people have gone from striving for food and clothing to enjoying life, and enjoying life tends to the service industry. In other words, in the next ten years, the service industry and high-end

It’s time for the tech industry to shine!”

"The Xu family's real estate industry accounts for more than half. It is difficult to get involved in the high-tech industry, which is equivalent to starting from scratch, so I think transforming into the service industry is the best choice."

"Is it?"

Xu Zongcheng was a little hesitant. It was not that he had not thought about the industries that would transform in the future, but he was just a little unsure about the future of these industries.

And Li Xinghe spoke with such certainty, as if he had seen with his own eyes the prosperity of these industries in the future.

"Well, Internet high technology is the major trend in the next ten years. Of course, for the Xu family, it may take some pain to transform. After all, the Xu family has been focusing on real estate for decades, and the transformation path will be relatively slow.

A little tougher.”

"But as long as we stick to the past and get on the right track, the industry will blossom and bear fruit, and its profit margins will be unimaginably huge."

This statement seems to make some sense, especially Li Xinghe's confident look, as if he has witnessed the prosperity of the next ten years with his own eyes.

It was this kind of confidence that deeply infected Xu Zongcheng, and he felt that this road of transformation might be worth a try.

"I will consider your proposal carefully."

Xu Zongcheng smiled slightly and continued: "Next, there is a second test."

"Um?"

"I heard that you are Mr. Li Xianshi, who was very famous in the stock market some time ago. Since your predictions on the stock market are so accurate, can you earn 5 billion for the Xu family before the end of the month?"

"If you can really do it, then I believe in your ability."

"After all, not everyone who is introduced is qualified to stand with our Xu family."

These words were full of arrogance, which Li Xinghe could understand. After all, he was the head of the three major wealthy families in Hong Kong, and Xu Zongcheng had the capital to be arrogant.

"Is five billion enough?"

"Um?"

Xu Zongcheng was stunned and looked at Li Xinghe in confusion.

"Can you make more?"

"Yes."

Li Xinghe said confidently: "Mr. Xu, if you believe in me, I can make you as much money as you want."

"What?"

Xu Zongcheng was shocked by Li Xinghe's extremely confident and arrogant appearance, and the shadow of a person could not help but appear in his mind.

In the past, he had only seen such a domineering aura in one person, and that was the president of the Square Table Society. Even the top leader of the Square Table Society could only possess such arrogance when he was forty or fifty years old.

He is so domineering, and Li Xinghe is only twenty-four years old.

"Young man, be careful when you talk big and flash your tongue."

"During this process, the Xu family can monitor my operations throughout the process. If I end up losing money, I will compensate."

"In this way, the Xu family will not suffer any losses."

Xu Zongcheng pondered for a moment and agreed: "Okay! I will give you as much money as you want. I want to see how much you can make for the Xu family in the end."

"I will tell Yuan Long to deal with you for the next thing. Young man, do your best! I am looking forward to the results of your final test."

"Um."

Xu Zongcheng called Xu Yuanlong, handed over all matters to him, and then left.