The strange stalemate and shock phenomenon of real estate in Hong Kong became more and more obvious in September.

At the beginning of September, real estate prices suddenly fell, and the three pieces of land sold at auction in the land market hit a new low in a row, and one piece of land was taken back by the government.

But in stark contrast, it is the property market in Xiangjiang.

On September 11, about 1,500 meters east of Taiping Mountain, New World Development opened a new real estate, which is positioned for high-end business people, and the price is 1,800 yuan per square foot, which directly set the highest price of apartment real estate this year, and also set the most expensive apartment price in the history of Hong Kong.

Apart from a few villas and a large area of houses on the hill that are more expensive than it, this property is the highest.

But Zheng Yutong also had a bitter face.

The price of his land was very high at the end of last year, and since the end of last year, the salaries of construction workers, materials and other expenses have increased by more than 50%.

Originally, I thought that the opening of 1500 would be enough, but now the gross profit margin of the opening of 1800 will not exceed 20%.

Except for so many extra expenses, he is basically satisfied with being able to guarantee a net profit of 5%.

You know, last year and the year before that, the average gross profit margin of New World Development was more than 35%!

This has to be done quickly by working overtime to have such a 5% profit, otherwise if all kinds of artificial materials continue to rise, it is a problem whether the capital can be guaranteed or not.

In the same situation as Zheng Yutong, there are many real estate companies.

Either they chose to raise the price, or they simply delayed the push and saw how it went.

It's not that they deliberately want to raise prices sharply, but that Xiangjiang's various forms force them to increase prices, and this is the general situation.

For this reason, real estate developers desperately lobbied in the government, and then launched various media offensives to tell their own difficulties everywhere.

Of course, their purpose in doing this is not to explain to the common people, but to explain to the government, "I am miserable, I am not easy, you old man must not come up with any more policies! Otherwise, we will collapse!"

As everyone knows, the government has no intention of suppressing real estate developers at all.

The situation is already obvious.

Developers have a lot of undeveloped land in their hands, and many small and medium-sized investors also hold more than one house in their hands, and everyone uses the house as a tool for speculation.

So the price can't go down at all.

But at the same time, new land is constantly entering the market, and the price has been decreasing.

Once the developers who have newly acquired the land squeeze the real estate market with low costs, then the property market price will definitely fall.

Once there are more options, people will definitely choose cheaper properties.

Then the real estate developers and small and medium-sized real estate speculation groups with all the funds in their hands will definitely form a panic sell-off.

At that time, the property market in Xiangjiang will definitely plummet, and it is possible to drop to two-thirds of what it is now.

Therefore, the government is not in a hurry, they are waiting, waiting for the day when the real estate market will adjust again.

Of course, the current binding measures, they will not loosen the behavior at all, and will also knock from time to time, so as not to let the real estate market rush too high during this time, and the pain will be greater in the future.

After all, excluding the New Territories, the average price of Hong Kong has reached an average of 1,300 yuan per square foot, which is really too high.

Yin Jun also saw the current high housing prices, but he didn't say anything about it, and it was only a year before the crash, so let's wait and see.

It's better to do what you're doing first.

What has he been busy with in the last few days?

Of course, it is related to the thriving Kirin Electronics in the mainland.

As of mid-September, Kirin Electronics' Kirin recorders have been on sale for a month.

If at first people bought it for the reasons of "cheap price", "beautiful color and appearance", and "produced by Xiangjiang Company", now it has to add another one.

That is, the quality is very good!

When you buy it and listen to the tape, you can immediately feel a different feeling from the previous tape recorder.

Not to mention that the domestic ones cannot be compared, and compared with those Japanese, European, and American tape recorders that cost thousands of dollars at every turn, they are not much worse.

There are some very fashionable audiophiles, but also did some detailed experiments, from the sound quality effect, the smoothness of playback, the ability to use the limit and other aspects of comparison, proved that Kirin recorders and European, American, Japanese mid-range recorders, compared with the United States, Japan, compared with the mid-range recorders, there is still a certain degree of gap.

But no one cares anymore.

Price, the factor that Chinese people care about the most, is really in front of them.

The price of your Kirin cassette recorder is only one-half or even one-third of that of foreign machines, only a little more expensive than domestic ones.

Even those enthusiasts who got rich first think that if you are an ordinary person playing a cassette recorder, you can buy a Kirin cassette recorder, and it is not a problem to use it for three or five years.

In 1981, those who could play cassette recorders, it is no exaggeration to say that they were like the people who played mobile phones in the mainland around 1996, they were all very trendy and had a certain economic strength.

In the past, there was no choice but to buy ordinary domestic tape recorders, or grit your teeth to buy imported goods.

But now that there is such a good choice, of course they are willing to choose the Kirin recorder!

They have always been the trendsetters in a city.

Seeing that they all bought Kirin recorders, those purses are not rich, but there will always be young people who squeeze and get together, and naturally they will want to follow along, and then feel like they have become rich trendsetters.

This is the most important reason why the sales of Kirin recorders have been coming from good news in the past month!

In one month, a total of 800,000 Kirin tape recorders were sold, and the total sales reached a sensational 200 million yuan! Converted into Hong Kong dollars, there are actually 660 million yuan.

Although it is only sales, according to the various parts and labor that are so cheap in the mainland, everyone knows that the profit margin of Kirin Electronics must be high!

But no one can say how high it is.

In fact, this number is only known to Yin Jun, Le Yiling and Huo Jianning.

Excluding all expenses, including taxes and royalties, Kylin Electronics' net profit is 52%!!

Don't doubt it, it's that high!

It's just as high a profit as Apple's mobile phone 30 years later! And several Apple mobile phones, the profit margin is not 50%, only about 43%.

The reason for such high profit margins is the extreme inequality of construction and selling prices.

In terms of selling price, the cheapest price of the Kirin tape recorder is the sum of the 4 months' salary of the mainland people, what is the concept of this in Xiangjiang? That is about 7500 a cassette recorder!!

However, the Japanese tape recorders produced in Xiangjiang are only more than 300-500, less than one-third of the monthly salary.

It should be said that the current living standards of the people in the mainland are not ridiculously low, and their average wages are still enough for a family to live.

It's just that now these electronic products are luxury goods in the mainland, so they are ridiculously expensive, and no one makes any noise.

Since the prices in the mainland have not risen in line with the consumption of luxury goods, it can also be understood that the cost of parts and components, salaries, and various water and electricity expenses in the mainland are also ridiculously low.

The lowest level of workers is 80 yuan a month, and the highest is only 500 yuan a month, and the average salary is no more than 200 yuan.

is so close to 10,000 workers, and the salary is only 2 million yuan a month, 6.6 million Hong Kong dollars.

For ordinary workers in Xiangjiang, about 3,500 people are employed at most.

Jiangnan Province has given a lot of discounts for water, electricity and other expenses, which is basically equivalent to one-tenth of Xiangjiang.

More important is the price of the parts.

Today's factories in the mainland are far from the rapid decline brought about by the rapid economic development, and the quality of the current state-owned electronics factories is still very safe.

Kylin Electronics has ordered thousands of parts from mainland factories from more than 150 factories, with very strict quality inspection standards, but the yield rate is still maintained above 99.5%, which is a very remarkable technical ability.

Maybe this has something to do with the fact that the order is from Xiangjiang Company, but the price of such good quality parts is only one-fifth of that in Europe and the United States, which really makes Huo Jianning a little dumbfounded.

In such an overall calculation, it directly created a miracle of 52% profit margin.

So this month, the profit brought by the Kirin recorder to Kirin Electronics was as high as 343 million Hong Kong dollars, so that Huo Jianning, who was already very optimistic about the profits, couldn't help but sigh again that Jun Shao is really Jun Shao, doing business in this poor mountain and remote land, he can actually get such a high profit!

It's a pity that this money can't be sent back to Xiangjiang for the time being, and the Kirin Group, which has a loan of 3.7 billion US dollars, has repaid its debts.

Because seeing that Kirin Electronics actually made so much money in a month, the mainland also panicked.

They are not afraid that Yin Jun will earn RMB, but they are afraid that Yin Jun will convert RMB into US dollars or Hong Kong dollars and return to Xiangjiang.

Especially the US dollar.

At present, the exchange rate of the mainland against the US dollar is very irregular at 1.53:1, that is, 1 US dollar can only be exchanged for 1.53 yuan.

If Yin Jun is exchanged at this price, he will be able to exchange 131 million US dollars to go back, and the mainland will not only lose his pants, but also have to bear the sharp reduction of US dollar foreign exchange reserves!

That's 131 million a month, and it's close to $1.6 billion a year!

Now the domestic foreign exchange savings are less than 200 billion US dollars, can Yin Jun be so extravagant?

We wish we had more dollars, where can we give them to others?

Therefore, Zhang Hongbing deliberately found Yin Jun again, expressing Xiao Lao's hope that Yin Jun could help the mainland.

This was really what Xiao Lao said, and he also specially wrote a letter to Yin Jun.

Yin Jun took Xiao Lao's letter and read it, and he really had nothing to say.

Even Xiao Lao came forward, how could he not give this face?

Not to mention that his good life is thanks to Xiao Lao's positive changes, just saying that if the Kirin Group wants to develop in the mainland in the future, it needs to maintain a close relationship with the people above, and it is impossible for Yin Jun to ignore this request.

Li Chaoren gave Xiao Lao face at a critical time, so he had a lofty status in the mainland for the next 30 years, and he was invincible in all kinds of business!

Therefore, Yin Jun made a direct decision, promising that within 10 years, all the money earned in the mainland would not be transferred out of the mainland, but all spent in the mainland.

At most, if Yin Jun does business in Xiangjiang in the future, he hopes to use the money to buy things in the mainland and sell them to Xiangjiang.

To put it more simply, Yin Jun hopes to buy agricultural products from the mainland or products from mainland factories when he needs them, and sell them to supply Xiangjiang, so that he can make money in Xiangjiang.