https://novelcool.info/chapter/Chapter-677-Five-Blessings-Prepares-to-Enter-the-Mainland/12580600/
Chapter 678: Restraint
Chapter 678: Restraint
Lu Jiaxin and Zong Shimeng arrived at Dili Gendge one after the other. As soon as they entered the house and saw the interior decoration, they knew it was Yu Meotong's doing.
Zong Shimeng spotted a raccoon figurine that was absolutely adorable. She smiled and asked, "Meotong, where did you buy this raccoon? Yinyin loves dolls. I want to buy one for her, too."
Yu Meotong smiled and replied, "A friend of mine bought it for me from Canada. Since Yinyin likes it, I'll ask her to buy another one. She travels back to Canada several times a month."
Zong Shimeng thanked her with a cheerful smile.
After chatting for a while, a maid brought in three cups of water. Yu Meotong apologized, "Shimeng, Jiaxin, I'm sorry, but I can't stand any strong smells right now, so I have to ask you to join me in drinking plain water."
Both of them said it was fine.
After drinking half a cup of water, Yu Meotong caressed her still-flat stomach and turned to Jiaxin, asking, "Jiaxin, if you don't mind me asking, you and Nie Zan have been dating for over five years now. When are you two planning to get married?"
She was only asking because Tao Yong had asked her to. Otherwise, she wouldn't have brought up such a sensitive topic.
Lu Jiaxin shrugged and said, "I don't know. It depends on Nie Zan."
Zong Shimeng and Yu Meotong were surprised, as they knew how eager Nie Zan was to get married. Zong Shimeng quickly asked, "Jiaxin, what do you mean it depends on Nie Zan?
Lu Jiaxin spread her hands and said, "He hasn't proposed to me yet. How can we get married? Should I be the one proposing instead?"
Ever since she found out that Yu Meotong's wedding was set for March, she had been wavering, thinking that getting married now might not be a bad idea. However, Nie Zan had shown no indication of wanting to marry her, let alone proposed. Anyway, she wasn't in a hurry to get married.
Zong Shimeng and Yu Meotong exchanged glances, never expecting that the two of them hadn't married yet, and the problem lay with Nie Zan.
At the same time, Nie Zan, Hu Zhifeng, and another man were chatting about investments, stocks, and real estate.
"Ah Zan, I heard you plan to open a cannery in SL. Why would you want to do that?" Tao Yong asked, his confusion evident.
Nie Zan didn't mention that it was Kurfurwich's suggestion. He smiled and said, "I wanted to be a farmer, but they only allowed me to open a cannery. Being a farmer would be more troublesome."
Although land couldn't be bought or sold, it could be leased. However, he only wanted to make money and didn't want to get involved in any internal strife, so he planned to buy all the materials for the cannery from outside sources. According to the current development trend, the cannery would definitely not make a profit, but it would be worth it if it earned him a good reputation.
Hu Zhifeng frowned and asked, "Ah Zan, with the rupee depreciating so much, do you think your investment in SL will pay off?"
SL was riddled with internal conflicts, which could very well affect foreign investors. He felt it was better to stay away from such a risky venture. Otherwise, one wrong move could lead to significant losses.
Nie Zan smiled and said, "It's not looking good now, but I'm optimistic about its future."
He didn't elaborate further. He had always been concise in his remarks, and whether others wanted to listen was up to them. As a friend, he had already given his advice.
Tao Yong trusted Nie Zan and Lu Jiaxin's vision and boldness, but unfortunately, he didn't have enough liquid assets to participate in their projects.
Nie Zan didn't want to continue the topic and invested in SL because of Jiaxin's judgment, and he couldn't tell anyone about this. The less people knew about Jiaxin's accurate premonition, the better.
After a moment's thought, Nie Zan said, "Wufu Jewelry is planning to enter the mainland market. Liang Weipo went to Sichuan City to survey the market a couple of days ago."
He wasn't there to survey the market but to decide on the location of the jewelry store and the jewelry factory. According to Lu Jiaxin's plan, they would buy a piece of land to build the factory themselves.
Hu Zhifeng was not surprised, as Lu Jiaxin had previously mentioned to Zong Shimeng that Green Forest and the jewelry company would be entering the mainland market soon. "So soon? I thought it would take another two years."
Nie Zan smiled and explained, "This time, Jiaxin's nephew got married and gave his niece a set of gold jewelry. When the bride wore this set of jewelry on her wedding day, everyone praised her. After Jiaxin found out, she felt that the time to enter the mainland market was right."
"Not only Wufu Jewelry, but Green Forest and Wanjia Film and Television will also enter the mainland market one after another. The mainland has a large population, and the current policy is to focus on economic development. The future market will be huge. Brother Hu, if you intend to invest in the mainland, I suggest you stop waiting."
Timing is crucial in business. If you enter the market after it has already been divided up, you might be lucky to get a sip of the soup, but if you're unlucky, you could lose your principal investment. On the other hand, those who enter the market earliest will almost certainly reap substantial profits.
In fact, Wufu's entry into the mainland market is already somewhat late. His Peninsula Hotel will be completed in a few months and will be ready for business after renovation.
Hu Zhifeng said, "My brother is back."
This response was obviously unrelated to the previous topic. Nie Zan knew him well and immediately sensed that something was amiss. "What's your brother doing back?"
The second son of the Hu family was the same age as him, 32 years old. Since childhood, he had had a wide range of interests. One day he wanted to become the best sailor in the world, and the next, he wanted to be the greatest photographer. The family gave him 3 million a year, but it was never enough.
Hu Zhifeng said with a headache, "He's recently become obsessed with astronomy and wants to buy a set of astronomical equipment. He asked for 5 million yuan. My father refused, but my grandmother dotes on him the most and wanted to coax my grandmother into giving him the money. As a result, my grandmother suggested to my father that they divide the family property."
Nie Zan and Tao Yong exchanged glances. This Grandmother Hu was quite something.
Hu Zhifeng continued, "My father didn't agree, so my grandmother cried to my grandfather and scolded my father. In the end, my father had no choice but to compromise and give 5 million yuan."
Grandmother Hu was responsible for half of Hu Er's carefree and unfettered personality.
Nie Zan consoled him, "It's actually a good thing that he has his own hobbies. Look at your eldest and youngest uncles; they're fighting for power in the company and nearly ruined it."
Hu Zhifeng shook his head and explained, "I'm not reluctant to give him the 5 million yuan. I'm just thinking that this can't go on. So, I went to talk to him. As a result, Zhisheng told me to take over the family business as soon as possible. He said that my father is stubborn and his thinking is outdated. If things don't change, the company will be in danger."
Nie Zan knew that Hu Zhisheng was very smart, but he had no interest in business. "What your brother said isn't unreasonable."
In fact, Hu Zhifeng also had his disagreements with Old Man Hu. He said, "After the stock market crash in '87, I suggested to him that we take out loans to buy land, but he disagreed. Then, after the real estate market crashed in '88, I made the same suggestion again, but he still disagreed. We missed two good opportunities. The last time you invited me to invest, I didn't have that much cash on hand, so I wanted our family bank to take a 10% stake, but he still refused."
At that time, he really didn't have the money. All his funds were tied up in Xiaorizi. Who could have known that the investment would be recouped so quickly!
Tao Yong didn't have the same patience as Nie Zan and asked, "Brother Hu, what do you plan to do this time?"
Hu Zhifeng said, "If Nie Zan and Miss Lu make a profit from their investment in SL this time, I will convince my father to enter the mainland market."
The Hu family's business structure was similar to the Nie family's, with real estate and banking as their main businesses and involvement in hotels, piers, containers, and telecommunications. If the investment in the mainland paid off, he wanted Old Man Hu to gradually relinquish control.
(End of Chapter)
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