Chapter 597 - 580: Thinking of Starting a Car Factory
Lu Jiaxin plans to keep the funds in Little Days and Star City for local investments, so these funds won’t be transferred back. However, here in Hong Kong, the funds in Xinxin Real Estate’s account combined with the sale of stocks and the Nikkei Index total 6.13 billion. Such a large sum of money can’t all be used to buy land; she plans to use half of it to stockpile land and purchase quality properties. The remaining half will be used for other investments.
Nie Zhan asked, "What investments do you plan to make with this money?"
He suggested she diversify her investments. You shouldn’t put all your eggs in one basket; apart from clothing and leasing businesses, there are many industries you can venture into.
"I have no idea. Do you have any suggestions?"
Nie Zhan thought for a moment and said, "In Hong Kong, apart from real estate and finance, the restaurant, manufacturing, and retail industries are thriving, and foreign trade and shipping are also okay, it depends on what interests you."
Lu Jiaxin pondered for a moment and then amazed everyone by saying, "Ah Zhan, I want to open a car factory. What do you think?"
Nie Zhan was taken aback.
Seeing his reaction, Lu Jiaxin quickly patted him and poured him a glass of water: "Didn’t you just say there’s potential in manufacturing? That’s why I thought of making cars."
Nie Zhan said somewhat helplessly, "When I said there’s potential in manufacturing, I meant investing, not starting a car-making company; do you know how much capital it takes to open a car factory?"
"A car factory is not like clothing; many technologies are confidential. You can’t make large items like generators on your own; you’ll have to rely on imports, which will reduce the profits significantly."