Chapter 576: It’s OK to Be Luxurious

Chapter 576: It’s OK to Be Luxurious

Fan Wumian used to be a bit stingy.

Whether it is buying a good license plate, an eye-catching bonsai, or holding some activities, people are reluctant to spend too much money.

The several luxury cars and multiple luxury houses he owns now mostly came from free sponsorship from car companies and real estate companies. The purchase of luxury houses in Repulse Bay Road and Houhai North was mainly for investment considerations.

The only big toy that really costs money is the hybrid sailing yacht.

This is mainly due to the limited principal.

Instead of wasting money in the early stages, it is better to focus on investing first, which will help maximize returns.

Many middle-class or slightly upper-income people buy cars, luxury goods and spend money lavishly as soon as they have a little money. They do live a carefree life, but they cannot save any money. In the long run, this means they have ruined their chance to truly cross classes.

The situation with real estate is slightly better. The housing market in the United States and housing prices in Hong Kong cities collapse from time to time. History has proven that as long as time is prolonged, they will go back up sooner or later.

Take Brother Shan Ji for example. If he had not sold his house and moved to his ancestral home in the countryside two years ago, he could have actually recovered most of his losses.

The couple chose to sell at a low point and ran away, which resulted in a real loss of several million Hong Kong dollars. Now they have to buy a house in Tai Po again, which has added a huge additional expense.

Judging from the results, Fan Wumian’s earlier choice was not wrong. The funds saved at that time have been exchanged for several hundred percent returns in the past two years.

For example, the small two-story courtyard house on the north bank of Houhai was purchased at a price of just over 10 million RMB, but is now worth 30 to 40 million RMB.

Comparing the down payment with the income, the gross profit is about four or five times.

If he really decides to put it on the market for sale, the transaction price may be even higher. The mere fact of "becoming neighbors with Fan Wumian" is enough to attract his wealthy fans, artists, and businessmen to rush to buy it. It has other intangible values.

The situation is different now.

With the surge in Penguin stocks, the total market value just exceeded HK$400 billion before the holiday, plus a loan of HK$20 billion from Bank of China (Hong Kong). Even though he owed the bank so much money, Fan Wumian was still very well off, with a net worth of around HK$135 billion.

This made him feel like he had more money than he could spend, so it was okay to splurge a bit if he came across something he liked occasionally.

After carefully looking at it under natural light, Fan Wumian thought that such large pieces of imperial green material were hard to come by. Even if they were cut into brands and sold to the public in a few years, each piece could probably be worth 10 or 20 million yuan.

Based on the calculation that each piece is 5 mm, a total of more than pieces can be cut out. Even if the discount is % due to wear and tear and cracks, there is still a chance that the treasure will appreciate in value to to million yuan.

The so-called handle in the shape of a little turtle is just a joke.

It's not that it can't be done, but it will result in a lot of material loss and the value will probably be reduced by 20% to 30%. The best way is to simply process it according to the shape, which will also make it convenient to put it on the market and make other products when you get tired of it in the future.

After looking around and finding nothing wrong, Fan Wumian asked casually:

"The boss lady just said that she and the shareholders don't want to sell it even if they offer more than 1200 million. They want 1500 million. What do you think the price is?"

Pu Jiajing shook her head and said:

"I've never bought something so expensive, but it should be similar to shopping at a street stall. If there is a 10% or 20% price reduction space, the buyer will feel much more comfortable and think they have got a bargain. If they meet a customer who doesn't know how to bargain, they can make a little more money. Can they buy it for about 1400 million?"

Around Fan Wumian's neck hung a dragon stone pigeon egg pendant that was said to be worth 40 to 50 million yuan. The bottom was inlaid with gold, and the gold was decorated with a Pixiu pattern that symbolized wealth.

Over time, people around him got used to it and even felt that a potato-sized piece of imperial green raw material worth several million was not too expensive.

In fact, the same is true for luxury goods. If you put a genuine Hermès platinum bag on a street stall and sell it for only one or two thousand yuan, people will subconsciously think it is a fake. Brand image is sometimes still very valuable. He continued to say to Pu Jiajing:

"1400 million is too high, right? I took a closer look and found a few small cracks on it, but I couldn't get any big egg-shaped pieces. When other experts made their bids, they probably took the value into consideration and left some extra profit margin for themselves. I think if I add a few hundred thousand Hong Kong dollars, the owner of this store will probably be willing to give in."

Waited for a while.

The proprietress Zhuo Lerong returned empty-handed and said in an awkward tone:

"I'm sorry Mr. Fan, I thought the stone was in the safe, but I didn't find it after I went to look for it. I called other shareholders and found out that it was taken to someone else's place to check the goods. If I go to pick it up now, I will have to wait for more than an hour. The processing factory is in the New Territories, which is a bit far away. I have asked someone to pick it up now."

Fan Wumian was not in a hurry at all:
"Well, if you can watch it, then watch it. If you can't, forget it. Good things take time. It may also mean that I am not destined to watch it."

When he had some free time some time ago, he re-watched the classic old drama "The Fragrant Sophora Flower in May". At this moment, he was thinking that the thing was good, but he must hold on to it.

For an old hand like the proprietress Zhuo Lerong who has been doing business for many years, she has seen all kinds of customers and has been honing her sales skills all day long. But who knows, just because of saying something wrong, she might end up paying hundreds of thousands of Hong Kong dollars more.

So Fan Wumian appeared calm on the surface, just pointed at the raw material of Imperial Green and said:
"The color isn't as good as mine, and there are cracks on it. If you look closely you can see a little bit of cotton."

The proprietress Zhuo Lerong replied:
"Natural jade has some impurities, but if you don't look too closely at it, it's almost invisible to the naked eye. If there were really no impurities at all, wouldn't it be like glass? Don't you think so, Mr. Fan?"

Fan Wumian hummed softly, then continued:
"I was originally looking for a piece of material from my big jade king to make a personal seal, and your piece seems to be okay. There's no rush for that piece of spring material, let's talk about this one first. They're offering 1220 million, and I can give you another 30. Let's finish the discussion quickly, I have other things to do."

The proprietress Zhuo Lerong shook her head decisively:
"This price is really hard to negotiate. The price of high-end jade has risen too fast recently. Some partners even want to wait two years before selling it. Because a friend is anxious to use the money to purchase goods, we took it out of the safe. There are too few materials like this. It is actually better to keep it at home than cash or gold. In the past few years, it has outperformed the inflation rate every year."

Fan Wumian picked up the stone and looked at it again, then said:

"Then add another 30, a total of 1280 million, right? Call other shareholders."

The proprietress Zhuo Lerong continued to pull and said with a wry smile:

"I really can't. If we wanted to sell it at this price, some jewelry companies might have already bought it and made two sets of necklaces with it, and sold it on the market for 2000 million. It's just that we can't find such high-end customers, and we have to pay for the goods, so we sell the materials at a low price."

Fan Wumian raised the price again and said:
"Then it's 1300 million. People buy materials to make money. Of course, they can't use the market price for charity. I just want to make a seal or a handle. It's not necessary to make it too expensive. The bank also has a bunch of glass-type Yang Green raw materials. Some are only slightly worse than this one and haven't cracked yet. You can make it in any way you want."

Looking across the entire city of Hong Kong, the person who has the most good materials at hand is probably Fan Wumian.

After hearing this, the lady boss Zhuo Lerong said:

"Okay, I'll ask them, but it may not work out. If it weren't for the fact that we've invested so much money, my husband and I wouldn't want to sell it so early. Remember to introduce more customers to me. I can also help them find things that I don't have in my store. The price is absolutely fair."

"Yeah, no problem."

After Fan Wumian finished speaking, he continued to stroll around the shop downstairs. Apart from the pair of sky blue ornaments, there were few good things that could attract him and they lacked investment value.

More than ten minutes later, the proprietress Zhuo Lerong came downstairs and told him that it could be sold. Fan Wumian took the imperial green raw material and asked her to tell Pu Jiajing her account number so that he could arrange a transfer of the money in the next two days.

After getting the things, he still didn't know what to do with them, so while waiting for the spring materials to arrive, he went out to look around other stores. By chance, he came across a mutton-fat white jade Ruyi in a large jade store. Unfortunately, the shape was a bit old-fashioned and he didn't like it very much.

After walking around and looking around for an hour or so, Pu Jiajing received a call from the owner Zhuo Lerong, and returned to the store to buy a piece of spring material raw stone for HK$110 million.

It is nothing more than the idea of ​​killing the wrong person rather than letting him go, casting a wide net and trying his luck. The raw material of "Zhaoyi Star" has not yet been released, and every piece of top-grade spring material may be it (end of this chapter)