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Hello everyone, welcome to WUSHU TV Our guest for today's interview is a former Hong Kong MP Mr. Leung Chung-heng, hello Hello everyone, sorry, it's been a long time I have been sick for a while, I have a cold It's useless to see a doctor when you have a cold Yes, it's like, you are fine, no fever But your throat is dry, you can't do the show because of the cough Today, I have a better one, I can do the interview I have heard that in Hong Kong, at the end of February this year There were 230,000 unpaid tax receipts The amount of money was HK$28.8 billion What message does this message convey? Actually, I think it can be summed up in a few words First, I don't know if we have talked about this before There were not many financial companies that collected the receipts What is the history? There were some people who might have been professionals in Hong Kong I left Hong Kong when I was in Hong Kong I borrowed money from a financial company Because they borrowed a lot of money from their profession The financial company couldn't catch up Because you don't know where the person went He moved to another place, right? Even if he told you that he went to the UK You couldn't find him, the UK is so big So a lot of financial companies collected the receipts If you put these two things together Would it be the same example? If I leave, why should I pay you the tax? I don't trust you You are driving me away Do you still want me to pay you the tax? Can you make sense of the whole thing? Of course, I have no evidence that someone did this But is it because of this? Some people have already left Anyway, I won't pay the tax Why should I benefit the HK government? I will pay the tax to the government that gave me the vote I went to the UK, I have a vote in the UK I have the rights as a citizen I will pay the tax to the government I won't pay the tax to you Is it like this? I think this is a possibility At least it is one of the parts Otherwise, it is very rare for the HK government to pay such a large amount of tax HK people are very pure This kind of thing has always been done very well On the contrary, you will hear a lot of taxation in foreign countries Honestly, HK's tax rate is low You have to pay the tax But now the tax-paying scoundrels feel that the situation is not very smooth Let's talk about the Hong Kong Prime Minister Lee Kuan Yew He always has some strategies Everyone is used to the business He has lost his vision Before he left, he sold his property at a lower price Now it is even cheaper than last time He sold it at 70% It is said that he has resided in other places in the UK and Europe What do you think now? If you say that Lee Kuan Yew has exposed himself and run away And his son is no longer working, he will resign To be honest, Mr Lee Kuan Yew I think HK people know him very well He has a lot of potential This time, his action Everyone doesn't need to interpret it too much He has been thinking this way for a long time He doesn't want money He wants to stay as far away as possible From the area controlled by the Chinese Communist Party To do business there Many, many, many years ago Before 2019 In China, he has been selling things symbolically This time, his action is easy to understand He doesn't look at the stock market If he looks at the stock market, he won't sell it at a lower price He is a businessman Businessmen have to make money If he looks at the stock market, he won't sell it at a lower price If he can sell it at a lower price, it means he doesn't look at the stock market To be honest, as a real estate developer It doesn't matter where he develops his property The whole Lee family has invested in a lot of real estate projects in the UK If I develop in the UK It may not be worse than Hong Kong In today's situation Actually, we have to reiterate If you watch this program and watch my talk I have said that the only factor that affects the stock market the most There are two factors But the factor that affects the stock market the most is always the population Because in theory, the land is limited in a short period of time Especially in Hong Kong Hong Kong is an island Except for the Shenzhen River It's not a complete island But the land in Hong Kong is limited But the population can be unlimited Especially the immigration policy and the population policy Basically, the Hong Kong government has no say To put it simply So the housing prices keep rising This is very normal No matter how much land you have, you can't afford to build a house Right? But it's not like that now People are leaving Hong Kong So you can see that the retail industry is trying to save their lives There are a lot of attention groups But they are forced to close down Or whatever You can see that whether it's the retail industry or the real estate industry They are all reflecting the same problem That is, the people you want to live in Hong Kong Don't say that they are really Hong Kong people Whether you come here to do business or to study Whatever In Hong Kong, the number of people who live here is decreasing So It's normal The number of people living here is decreasing So the demand for housing is definitely decreasing So where does it go? A relatively large part is in the UK Because of BNO So you can see that Although the UK's economy is not very good The UK's inflation is slightly high But the economy is not particularly good But you can see that the price of housing In the past two years, it has been falling It hasn't fallen in the past two years Why? Because there are more than 200,000 Hong Kong people Let's say half of you buy a house Half sell I don't know what the ratio is I haven't done the survey Then you support the whole housing market Li Ka-shing is not stupid The housing market over there is better Of course I want to build over there It's stupid This is how you build a house So Don't care about the political situation I think From a businessman's point of view He is not using his feet to vote He uses money to vote He invests to vote He doesn't trust the Hong Kong market Based on what? He doesn't trust Obviously, it's because of the recent social events Beijing's attitude Hong Kong government It's almost broken Businessmen don't trust this place I still have some goods left I have no reason to compete with my own money So I sell it to you He is so simplified Other developers You can say that you have to follow 70% of other developers If you don't follow him, how can you buy? The whole market Li Ka-shing is not here You have already built almost 30 Yes, you will see The new ones will follow Of course Because Li Ka-shing This time he is in Wong Chuk Hang It may be for Hong Kong Island Or the subway line Some buildings will have a bigger impact I didn't do a survey here But The overall trend Or Mr. Li's attitude It's already there No one can't believe Of course you can compete with him You are a good investor You can't compete with him But you have to think about your winning rate I always say this You always have a chance to win You have a chance to win if you buy If you have four legs You have a chance to win But what is your winning rate? If you think you can compete with Li Ka-shing The winning rate is very high You have to do this Otherwise, you may not be able to do it Mr. Li, as an investor Or someone who has housing demand At this moment, do you want to rent or buy? You may have to think about this I remember Before the war between Israel and Hamas Bajie also said Why is the gold price so high? At that time, there was a war Now the war is really happening Now the gold price How to say It's still so high What do you think this time? Yes When I talked to Lucy About the storm topic I saw the phenomenon in the past few days First, the US dollar skyrocketed The US dollar Has risen to 0.68 The oil price Is still in a high position It's a little bit back today It's still 85.86 The gold price is crazy The gold price is 23.86 The gold price is 23.86 It's a little bit back today But it's still a historical high I remember Gold, oil, and US dollars skyrocketed I talked about this with Lucy When I did a program It was before Hamas Stole Israel I said Hey, this time doesn't seem right Why is the US dollar, oil, and gold Rising together? Normally, it wouldn't be like this Because oil and gold Are both US dollars If the US dollar skyrockets It's already Expensive If the US dollar skyrockets In the financial market These days are not common The only possibility is Someone is pricing The risk of war Someone predicts war And then the war begins The result was serious Hamas suddenly Shot a few thousand rocket launchers To Israel And started the war Between Israel and Palestine Okay On Wednesday The US intelligence said Iran will officially launch war on Israel The US intelligence I found out in recent years Including the Russian Music hall Was attacked by terrorists Or whatever Before the war The US intelligence also said The US intelligence is accurate At this time You see the financial market Gold, oil, and US dollars Rising together Will there be a new war In the near future? Will there be a new war? Is it like what the US said Iran will launch war on Israel? Or not It may be the end of the Middle East war The scope is not only as simple as Iran You know Iran In the Middle East Especially in Islam It has the ability To mobilize other Islamic countries to work together As a military power Is it as simple as War on Israel If so The scope of the impact This week The financial market has already reacted But if not Yes The first possibility is Iran, I saw you The US just said it right Then I won't fight Or not The US has less air support Is it the end of the Middle East war? Then the scope of the impact may be very large Maybe it won't happen in the Middle East Will it? Before the war I didn't think the location would be there I didn't think it would happen Will it? These are uncertain So during this time You need to be careful Try to Keep more money Especially if you are a Hong Konger Hong Kong dollars Is equivalent to US dollars It is relatively safe Keep more cash It will be better Because Sorry, the logic We talked about it half a year ago You can find it And these two weeks We saw the same thing happen Will there be another war? No one wants to see war But when it happens Everyone will be prepared Do you think If this war really breaks out How will the financial market react? I don't know It depends on the scale If only Iran Participates in the war Then the financial market May be more prepared Because the US issued a warning They are prepared It may not be a big shock Maybe 1-3% But if it is not The scope is bigger than this Then there may be a deeper exchange rate It's good to see This weekend will be critical I don't know why They are only open on Saturday To do that thing Saturday is not open So We have to see how this weekend develops Everyone pay attention to the news How to invest Or save your own assets How to say What is the strategy? If it is a war Whether it is a down-to-earth war Or a Middle East war I have said on my channel That I don't have any stocks But I have stocks I have a lot of stocks for mining Not for mining bitcoins But for mining gold, silver, iron And aluminum Because recently The price of gold has risen rapidly And mining bitcoins Have not fully reflected Because the price of gold has risen So in theory, mining gold should rise But these companies' stocks Have not fully reflected And traditionally When you hear the name of the company You know they are full of money So it won't rise much But when the US stock market Was rising, they didn't follow So they are the most behind You can think about this Another is One of the most behind For example, electric stocks You can also think about this Because I see Especially in the northern hemisphere This summer seems to be hot So it will be beneficial for electric stocks So Everyone can think about it from these two directions As for others If you say, I have a lot of chip stocks It's not impossible But if your stock is already You know how big your stock is For example, your 1 million stock Now it's almost 1 million Then you should reduce What I said just now You can imagine Even if you go to war It doesn't matter if you mine gold The one who mines gold is from Australia From South America It doesn't seem to matter If your gold price goes up You think about some related It doesn't seem to affect the industry It will be a little better Otherwise Maybe you have a bigger impact on the economy The impact will be greater Especially Because last year Especially at the end of the year Some travel Related companies In fact, they are doing very well They also did a good job But if you think about it If you have a lot of gold In fact, it should have a big impact on them So this position You may have to be careful Will the gold heart also show The U.S. economy will go up a bit? No, the U.S. economy is still very strong Just announced the CPI Still very high Then the PPI is not very good What does that mean? What you buy on the street It's more expensive People can afford it Then The production The price index The cost of production is not very high This is not the end That is, I made something out of it It's not particularly expensive But I can't sell it How good is the economy? The U.S. economy is still in the world The trend is still the best So everyone also reflected Why is the U.S. dollar so strong? Because everyone thinks that the U.S. can't lose money At the end of last year I said it was ugly The story went up Is it ugly this year? I really don't know what will happen But the feeling is not very good Because When I said this last time The war started I hope this time The range of the war will not be too large Speaking of Yilunfang This time It's still divided He said he wanted to be more strong He really talked about the key points But later on, it was said that Yilunfang was cheated by the CCP It was said that Teng was really It's not a big deal But everything is there But now it's all about the production process Now it's all over the news The CCP's electric car Went to the European port Can't burn Now the mainland of China is still Very close to some electric cars Is this a contradiction? You can't burn over there You can't keep up with China Why? Actually First of all The contradiction of China-EU electric cars This year it's already 2.0 I predict that Europe It's coming back Why? All the electric cars in China have subsidies Let's take a look at Di's career He used to do 2.8 billion business But he subsidized about 7 billion yuan You can see that one-fourth is subsidized Think about it If this is a European car factory I don't have national subsidies You subsidize one-fourth I can't fight you So now China Made a lot of electric cars But they can't sell We say you can sell in China But China's economy is not good China sells so many electric cars You have to buy from other markets They can't enter the US But they can enter Europe But in Europe You can't eat so many electric cars Some jokes came out There was a report just now There is a port in Belize Then He piled up a lot of goods At the port The people at the port started to complain Don't block my way This is the situation So you can see In Europe First, their consumption is serious Second, the consumption May not be very ideal And Electric cars If you look at the stock market It's not a trend Because everyone started to discover electric cars If you are in a foreign country There is a problem Why? For example, if you are in the US You drive from one state to another You may not have to take a plane But if you drive in oil That's OK At most I have a barrel of oil Or I can find a gas station on the street But if I drive an electric car I have to stop charging Maybe I drive from DC to New York for 4 hours I have to charge It's very inconvenient In some places There is no gas station And if I don't have gas I have to take a plane A friend of mine went skiing Once There was a fallen tree He was stopped on the road And his car almost ran out of gas It was a big problem Electric cars have this problem At least they have some fuel Electric cars don't So the trend now is to use hybrid cars Hybrid cars No need to say It must be the best in Japan How to use the energy To make the most intelligent Japan is the number one in the world So you will find China has made a lot of electric cars But no one in the world wants them As a result They reduce the price of cars It means Tesla Because Tesla is expensive Or you are forced to reduce the price You will have this kind of situation So there is this kind of joke And you are right to bring it up to Yelun Because Yelun This time I think Yelun's attitude In my personal opinion Yelun's attitude towards China Is quite good I don't dare to say The whole package Seems to have established Today's Business But What Yelun said this time Is that If you continue to reduce the production The whole world will be able to do it This is the first point The second point is that if you continue to do this The U.S. will increase tariffs If you continue to do this In these diplomatic talks This sentence can be deleted It is meaningless Whether China does it or not I predict that the Western society Will be electric cars The rest may also be electric cars Whether Europe or the U.S. I don't dare to say But Yelun's opening statement It's not as simple as a warning He also told you I will do it I believe this will happen in the future Because it is also very realistic People's ports have also been sold to you If your cars can't be sold Don't sell them In 2019, we just found some broken cars You can go to sabacar.com Just go to block the road You can use new cars to block other people's ports You can reach But other people don't do this Capitalism One of the most impossible You are talking about free trade One of the most contradictory points We basically can't have national subsidies Because if you have national subsidies for a long time Other countries can't stand it Especially this type of electric car Everyone knows Originally Making an electric car It's more expensive than making a car Technically Electricity itself is worth money Your engine The whole design itself is worth money Especially these Theoretically higher-priced products You use national subsidies to bargain You don't have a market Will welcome you With other news Tesla's boss Recently went to see the Indian Prime Minister Also talking about a deal Will it be India's Tesla factory? Exchange India does not accept so many tariffs Yes Like this Everyone can easily think of everything Now Tesla is a factory in Shanghai, China But In fact Tesla is not a factory But Tesla It's not selling well all over the world Because the trend of electric cars has passed His new plan Robot taxi He hasn't done it yet So Tesla is not doing well If you open a factory in India What does it mean? In fact, to some extent After opening a factory in India After stabilizing In fact, China's production line It will be more crowded So all kinds of things In fact, you will find Oh, China is like this The subsidies for electric cars It's not coming out Now all over the world Or other countries In the end, it's not welcome It's very natural In a capitalist society Will it happen? For the time being, electric cars Not yet Everyone can accept In fact, friends here He bought an electric car It's troublesome to charge His charging and repair Not yet No good equipment You go to a He may not know how to repair So he may not choose And you drive a little long Can't charge It's really annoying And most of the electricity is made in China Right? The quality Very worried about the quality No need to worry Already out of line Because the first batch of electric cars In fact, it started a few years ago It started to heat up The era of the antique king That's it And then After all There is a limit What is special Especially if you live in a cold place The consumption of electricity Will be lower After driving for a few years You will find that the electricity is not good What to do If you change the electricity, it is like changing a car When this problem slowly emerges Then everyone started to reflect First Is it convenient to drive? To be honest There is no reason to drive It's not convenient Is it really more convenient to drive? The second is Think deeply about this problem When everyone started to make electric cars Everyone wants to use environmental protection From the perspective of environmental protection Then we develop electric cars But actually Make electricity And When you control electricity Actually for environmental protection It's not a good thing When I live in a cold place For example, in the United States Winter is below zero In Texas, it may be better But in the middle of the road There are always a few months below zero In this case After a few years, you have to change the electricity Is it really so environmentally friendly? Yes When everyone started to think about these problems Electric cars are no longer trendy But China is now Like just woke up What should we do Make an electric car No one wants to buy It's like before the Great Leap Forward They keep making cement I don't know what they are doing The result is that China keeps building ghost cities But China's ghost cities There is always a limit In the end, the Great Leap Forward will help you repair the road Then I can export my own cement Now it's the second generation Now it's not cement Now we make electric cars But it's the same What others use is demand You do so much You have to think about whether it is useful This is the situation now Bajie, do you have anything to add? No, it's almost the same My voice has lasted so long I took medicine to do this show I will cut it later Oh, thank you Bajie OK, OK, I have a voice today OK Join the Honorary Members Protect Hong Kong with us Protect 1.4 billion Chinese Get the right to true information