1990My Entertainment System

Chapter 170 The Wheel of the Internet Turns On~
Xiaoxue can talk now, which makes everyone in the family extremely happy!
Summer is even more delightful!

The first word Xiaoxue uttered was "Mom," but not to Milan; she said it to Zhang Li!
Compared to Mr. Mi, Zhang Li is more like the child's biological mother. She spends all her time after work revolving around the child and loves him dearly.

She really didn't give birth herself, but raised Milan!

Xiaoxue and Zhang Li became even closer, with Xiaoxue calling Zhang Li "Mom" directly.
Xia's parents came and were all happy to see their child.

Summer may be exciting, but it means you have to go out.

……

Summer went to Hong Kong again, with Yong Ge and Xiao Chen accompanying her.

When Yunjie and the other two heard on the phone that Xiaoxue could call her "Mom," they were all incredibly excited.

Summer actually came here at this time? They wanted to see the children!

"Is there something you need this time?" Sister Yun asked him, but he wouldn't answer.

However, on May 8th, Xia Tian spent the whole day with Sister Yun, following her everywhere she went.

They were practically inseparable!

He even stood guard outside the door when Sister Yun went to the toilet.

Even though they've been married for a long time, Sister Yun still blushed at Xia Tian's actions.

"What are you doing? You're acting like a pervert! Don't look!"

She sensed that something was wrong with Xia Tian, ​​but he wasn't telling her, so she hugged him and kissed him. "It's okay, I'm right here. I won't go anywhere. Don't be afraid~"

—In the original timeline, it was on this very day that she passed away due to a relapse of her asthma.

Although Xia Tian knows that things are completely different now, Yun Jie is now in good health and does not have asthma.

But he was still worried and stayed by her side all day.

Just the other day, Ah Rong asked Xia Tian for advice: "What do you think about my comeback?"

Xia Tian looked at the conflicted A Rong with a strange expression: "Hey, handsome. What nonsense are you talking about? When did you ever quit? If you didn't quit, what comeback are you talking about?"

"Sing if you want to!"

Back then, in the summer, I advised Ah Rong to temporarily leave the music scene, but I never said he wanted to quit!
Encouraged by Xia Tian, ​​Ah Rong, who was also thinking about it, signed with Rock Records and returned to the music scene.

Summer also wrote a song for his new album called "When Love Has Become the Past".

—This song never appeared because Jonathan Lee and Sandy Lam were not invited to star in "Farewell My Concubine".

Let Ah Rong sing it!

……

On May 10th, Zhang Li called to say that the Fengming Building in Yanjing was about to break ground!
The Fengming Building was something Xia Tian and Zhang Li had been planning to build for several years.

A 36-story building will be built by Fengming Real Estate itself, which will acquire the land.

The address is right across the street from the original site of Fengming Real Estate's Chaoyang District branch, and now the demolition has finally begun!
Built to modern standard office building specifications, it was named Fengming Building.

The project is expected to have 36 floors above ground and 1 floor below ground, with a budget of 3.5 million yuan—most of which will be financed through loans.
Who builds a building with their own money?
Once completed, the Fengming Building will serve as the office space for Milan, Xiaoxu, Zhang Li, and Xia Tian's companies, while the other floors will be rented out.

He was involved in the design of this building back then—he made his own requests and asked the designers to make reasonable designs.

He has some special ideas about this building, which may be helpful for his future spiritual practice!
……

To be honest, the real estate market in inland China hasn't been doing so well this year.

The vacant housing area has increased by more than half compared to the previous year, and the real estate industry is gradually entering a period of decline.

Most people currently working in real estate are thinking of packing up and leaving, because the profit margin is only 0.91%, which is less profitable than selling rice noodle rolls on the street.
Even now, many old hutongs still exist in Yanjing (old Beijing), and horse-drawn carriages and donkey carts can still be seen within the Third Ring Road. There are only two subway lines.
People's concept of a city is still mainly limited to the area within the Third Ring Road.

Construction on the Fourth Ring Road only began during the 90 Asian Games, and it wasn't fully open to traffic until 99.

At this time, building a building with more than 30 floors and a height of more than 140 meters is already quite amazing.

They could easily rank in the top ten nationwide!

By this time, there were already quite a few super high-rise buildings in China.

In 90, the first building in China to exceed 200 meters appeared in Yanjing—the Jingguang Center, which is 207.9 meters tall.

如今排名前五的高楼分别是：京广中心（207.9）、京城大厦（183）、国贸一期（155）、中央电视台（136.5）、中服大厦（125）。

Fengming Building should be able to push CCTV Building down to fourth place!

Since Sister Yun is alright, Xia Tian plans to return to Yanjing.

This trip was indeed solely to watch over Sister Yun as she "passed her tribulation."
However, before leaving, Xia Tian accompanied Wang Fei to witness her signing with a new company.

That's right, she changed companies.

In the past, Cinepoly Records was considered a well-known music company in Hong Kong, but it could no longer accommodate such a powerful figure as the diva.

Just as Xia Tian came here this summer, EMI Records approached Wang Fei to discuss terms.

I went there once in the summer, and the conditions there improved considerably.

Before Xia Tian left, Wang Fei signed the contract.

This signing made headlines in newspapers in both Hong Kong and mainland China.

Because of the astronomical price of 5500 million!

The value of the diva is undeniable!
Wang Fei panicked for a moment – ​​how was she going to spend so much money?

In the summer, she invested part of her money in Lijiang Industry, part in Baize Venture Capital, and the rest in buying some houses.

Wang Fei was quick-witted; she used Xia Tian's connections in Yanjing to buy eight apartments. At that time, the price of apartments in Yanjing was just 2,000 yuan per square meter.
She herself understood that she wasn't destined for a career, and was completely different from Sister Lan, Sister Xiaoxu, and Sister Lili. She didn't have the ambition or the ability to build a career.

If you ask her to play mahjong, she does have the perseverance to stay up all night playing.

I might as well buy some houses and wait for their value to appreciate.

Buying a house is so much easier now!

Besides Beijing, don't forget Shanghai, Shenzhen, and Hong Kong – buy some if you have the chance!
……

Unlike the mainland, the top ten real estate developers in Hong Kong now account for 70% of the total market capitalization of Hong Kong stocks!

This shows how booming the Hong Kong real estate market is!

From 95 to 97, Hong Kong's real estate market was booming. All Hong Kong residents believed that buying a house would make money, and indeed, their expectations were met.

Hong Kong's property market is rising every month and every year, and everyone is paying attention to it—in less than two years, Hong Kong's property prices have increased by more than 80%.

A single building can be resold for over HK$200 million, equivalent to more than 10 years' income for an average Hong Kong resident.

In 1996, Wang Fei purchased a property in Po Chung Court, Sha Tin for HK$48 million, with a down payment of HK$15 million (30%) and a mortgage payment of HK$290,000 per month for the remaining 70%.

And the dashing guy even bought seven luxury homes in one go... This was also one of the reasons he went bankrupt later!
Speaking of which, '97 is almost here!

There were two major events this year. The first, of course, was the return to China, and the second was the Asian financial crisis!
Hong Kong property prices will plummet so much that even your grandmother wouldn't recognize you!

Summer has already begun its preparations in Southeast Asian countries.

Forget the Four Little Dragons and Four Little Tigers, now we're just waiting for Soros' Quantum Fund to lead the charge!
……

Summer returned home a few days later, on May 17th.

The Ministry of Posts and Telecommunications officially announced that it will open Internet access services to the general public in China!

On April 20th of last year, China got its first 46k dedicated information line, becoming the 4th country in the world to officially have a fully functional Internet connection.

—The reason why summer was able to "try it out" ahead of time is, of course, because Brother Tian'er supports the policy!
In the Dianmao Building in Xidan, there is a special service point set up by the Ministry of Posts and Telecommunications.

Ordinary people can become internet users by paying a certain fee and filling out a user information form.

However, these days nobody does this; there are very few people doing it.

Speaking of which, on May 6th, a few days ago, the newspaper officially proposed the strategy of revitalizing the nation through science and education.

Also in May, Ma Yun, who looks like an alien, had just resigned from her job as an English teacher at Lin'an Electronic Industry College and started launching "China Yellow Pages"!
The wheels of the internet are turning!
Summer, like the childhood game of rolling iron hoops, is trying to accelerate the relentless march of the internet.
On the same day, there was a follow-up to the previously mentioned treasury bond futures incident.

— Treasury bond futures have been suspended.

The first financial futures product in inland China failed to launch after two and a half years of development.
We'll have to wait twenty years to see it again.

After that, the authorities began a major overhaul of the industry, and only three of the seventeen exchanges remained, with the number of trading products shrinking from 35 to 12.

There's a little story behind this: during the 327 incident, a 20-year-old trader from the Beijing Commercial Bank was caught in the crossfire.

His account suffered a direct loss of 70 million, which led him to eventually quit and become a screenwriter—his online name is Ning Caishen.
(End of this chapter)