Reborn 80s

Within the pension fund company, Chen Huaiqing is thinking about the next investment direction of the pension fund company.

Most of the funds of pension fund companies are located domestically, and some of the funds are located abroad.

This part of the funds is entrusted to Meta Investment for management, and this is not the case with the outside world.

Meta Investment is a private company, not a listed company, and does not disclose its investment information to the public.

Nowadays, there is a situation of excess capital all over the world.

In the past, when a country had a surplus of capital, capital would flow to other countries.

But the current situation is that a large amount of excess capital flows into the financial sector.

For example, the U.S. stock market started a super bull market and continued to hit new highs along the way.

Then it went up all the way and it felt like there was no end.

Why does this happen?

It's a global capital glut.

Chen Huaiqing's eyes fell on the Southwest Stock Exchange. After the Southwest Stock Exchange Index plummeted in 2008, it has undergone a major reversal since 2009, and the Southwest Stock Exchange Index has been rising all the way.

A lot of funds that should have gone into the real estate industry have gone into the stock market.

There is also a lot of money buying gold.

Senlu Bank has launched an electronic gold transaction.

Even after buying gold, there is no need to take the physical object, the gold is still stored in the vault of Qianlu Bank.

Qianlu Bank has built two large vaults in Beijing and Rongcheng, which store a large amount of gold.

In addition to being used as currency and investment products, gold is also an industrial material.

On the semiconductor chip, gold plating on the back of the chip solves the electrical connection between the monocrystalline silicon wafer and the base.

Motta Semiconductor requires a large amount of gold every year.

In addition to some miscellaneous industrial needs, China consumes more than one hundred tons of gold in industry every year.

In other words, gold is already an important raw material for China's industry.

Storing gold is not just about its monetary and financial attributes, but also its rare industrial raw material attributes.

In fact, in addition to gold reserves, pension fund companies also store a number of other rare metals.

The prices of rare metals will definitely gradually rise in the future, and this is okay.

Pension fund companies have huge funds, so it is quite appropriate to engage in this kind of selling low and buying high.

Chen Huaiqing looked away from the Southwest Stock Exchange. The pension fund company had already invested part of its funds in finance and it was not suitable for further investment.

Still continue to buy rare metals.

There is no need to buy antiques and the like now.

Next, you have to consider the gradual sale.

For Chen Huaiqing, antiques are not as important as industrial raw material resources.

As the world's largest industrial country, China has huge demand for various industrial raw materials.

China can provide many industrial raw materials.

Like iron ore!

Is there a shortage of iron ore in the country?

Really not lacking at all.

Is there really no shortage?

It’s also in short supply! We’re short of that kind of rich iron ore.

Most of our domestic iron ores are poor iron ores, with an iron content of only 20 to 30%.

The iron content of imported iron ore can reach 60 or 70%.

After all, imported iron ore is much cheaper than domestically mined iron ore.

It is true to have resources in hand.

Especially resources that can be turned into strength.

Money is money when it can buy things.

Money that cannot be bought is not money and is no different from waste paper.

"Dong dong dong!"

"Enter!"

Gong Lijiao: "Boss, everyone from the investment department has arrived."

Yang Ze stood up: "Then let's go!"

Several deputy directors of the investment department of the pension fund company also attended the meeting.

Pension fund companies have huge fixed assets, which have been accumulated over the years.

Now there are more than ten trillions.

Most of these fixed assets are land, real estate, etc.

As for things like gold, they are not counted in fixed assets.

It is very easy to convert gold into cash.

Chen Huaiqing saw the gold holdings of pension fund companies, which reached more than 2,600 tons.

These golds have been purchased continuously over the years.

After buying gold, the gold is usually given to a mortgage bank and the funds are withdrawn for other investments.

Some of this gold is purchased from international sources, and some is purchased domestically.

China is the world's largest gold producer.

A large amount of gold is also held by the people.

In total, more than 3,000 tons of Qianlu Bank’s electronic gold are held by citizens.

Of course, there will only be more physical gold in Qianlu Bank's vault than this.

So much gold is mined around the world every year, and a lot of it is stored.

"The construction of the first batch of low-rent housing has been completed, and the construction plan for the second batch of five million low-rent housing units has been completed. It involves 168 cities, with a total investment of 510 billion."

"The investment in low-rent housing is expected to take 25 years to recover the cost."

This includes normal maintenance expenses, as well as staff salary expenses, etc.

Chen Huaiqing: “What suggestions do you have for the construction of the third batch of low-rent housing?”

"After the second batch of low-rent housing is completed, we predict that society's demand for low-rent housing as a whole will no longer be so urgent."

In addition to low-rent housing, pension fund companies also have a large number of public rental housing.

Compared with low-rent housing, the expected payback time for public rental housing is shorter.

Public rental housing complexes are definitely better than low-rent housing in terms of green area, public facilities, and auxiliary facilities.

For example, public rental housing complexes have dedicated battery car parking spaces and dedicated battery car charging spaces.

There is also an underground parking lot inside the car.

There are two charging modes for parking in underground parking lots: renting a fixed parking space and temporarily parking in the parking lot.

Public rental housing complexes also provide preferential treatment to newly graduated college students. Starting after graduation, they can be rent-free for three months.

There are now tens of millions of public rental housing units across the country.

Investing in real estate is not the first choice for ordinary residents at this time.

First of all, if ordinary residents purchase commercial housing for investment and rental, the cost is much higher than that of public rental housing complexes provided by pension fund companies.

The cost of the public rental housing complex of the pension fund company is the construction cost, which can keep the rent to a very low level.

The purchase price of commercial housing includes construction costs, real estate company profits, taxes, etc.

It is simply impossible to lower the rent to the level of public rental housing.

Of course, some high-end commercial buildings are still rented.

Because public rental housing is targeted at the mainstream rental group.

"After the second batch, our investment in low-rent housing will be adjusted according to social needs."

"In addition, in the management of low-rent housing, we suggest that the standards for renting should be divided. For some renters who are not low-income earners, we must resolutely clear them out."

It cannot be said that those who need it cannot afford to rent it, while those who have financial means are left to live in it.

After all, a large number of public rental houses also need people to rent them.