In January, the economy, which had been stagnant for nearly two years, still did not improve at all.

Throughout 1983, Xiangjiang's GDP showed negative growth for the first time, down 7.5% from last year. Moreover, the Hong Kong dollar also depreciated significantly.

Last year, Hong Kong dollars were converted to one dollar for every six cents, but now it is seven cents and two cents for Hong Kong dollars. The exchange rate of the Hong Kong dollar fell by 16.5%.

This is equivalent to the property of all Hong Kong people. Even if they have not done anything, they have shrunk by nearly 20% in a year. Such a huge loss has made Hong Kong people very dissatisfied.

But the current situation is so, they are unable to resist.

In comparison, the wealthy classes such as Ye Jin, Li Chaoren, Bao Jinshui, and Luo Kangrui took advantage of the economic crisis to make a fortune.

In this crisis, Ye Jin not only successfully won foreign companies such as Defen and Hong Kong Ding, but also acquired a large number of property properties in Hong Kong Island, Kowloon and New Territories in the name of Tongxin Real Estate.

Now Xiangjiang's real estate industry has entered a freezing period.

A foreign company was about to relocate, so it sold a large number of property real estate, including Grade A office buildings, large shopping malls, and real estate projects and land under construction.

Second, the financial industry tightened monetary policy, making it very difficult for corporate loans, which is undoubtedly bad news for the real estate industry that requires a large amount of capital investment. Real estate companies have no way to raise funds and develop, but banks have to pay back their money, so they are forced to sell their assets.

Three, ordinary people also sell more than buy at this time. Some of them want to immigrate, so they sell their assets to cash out; some of them are real estate speculators, chasing ups and selling downs, and housing prices are falling so much that they dare not continue to hold them...

Even if someone who wants to buy a house is reluctant to take action because of tightening bank loans and deteriorating working environment.

According to a survey conducted by the Hong Kong government, last year, the number of house purchases and sales in Hong Kong was only more than a thousand times. In comparison, when Xiangjiang Real Estate was the most prosperous in 1980s, the number of transactions in a week was as many as thousands.

People who want to buy a house cannot afford it, and people who sell a house are anxious to sell it, which has caused the real estate prices in Xiangjiang to fall again and again.

In 1981, the Xingfa Building in Central was bidding for HK$1.5 billion, and more was the company involved in the rush to buy it. In 1982, its price had been cut in half and could be bought in HK$800 million. In 1983, its price fell to only HK$400 million, which was falling sharply year by year.

It was precisely because of this that he gave Ye Jin and others a chance.

Last year alone, he bought more than 40 commercial buildings, with a total cost of up to 23 billion Hong Kong dollars.

It is expected that after the real estate market recovers, the appreciation of these real estate alone will bring Ye Jin a revenue of 100 billion Hong Kong dollars.

...

In February, Lin Qingxia's parents came to America to accompany her daughter to give birth.

Lin Qingxia was also very happy with the arrival of the old couple.

With the arrival of the two elders, Ye Jin can also take advantage of his business and pay more attention to his own business.

In terms of Fox Cable, it has currently launched business in nearly 400 cities in more than 40 states in Asia and America, and its number of subscribers has reached a huge amount of 6 million. If it weren't for economic stagflation, there would be no problem with the number of subscribers.

After all, the subscription fee of $40 a month is still a bit stressful for the working people. Of course, for the middle class, it is just two meals. They are still willing to pay for this money to get more channels and a better viewing experience.

The increase in users has made Fox Cable's share in the cable TV market increasingly large. As of now, it has become the third largest cable TV provider in the United States, weaker than Warner Cable and At&T Telephone Companies.

The increase in share also makes it increasingly dominant in negotiations with program suppliers. It can not only obtain more share, but also obtain higher franchise fees.

As of now, Fox Cable has already provided fifty-three channels for users to choose to subscribe.

Among them, the basic package has been added to ten channels. In addition to abc, nbc, cbs, fox, pbs, there are also Fox News, Fox Music, Nickelodeons Channel, Amc Classic Movie Channel and Discovery Discovery Channel.

If users are willing to spend more money, they can also subscribe to Fox Movie Channel, Fox TV Channel, mtv, n, usa, financial channel, food channel, Spanish channel, etc.

Such colorful channels also make Fox cable TV more and more attractive.

...

For Fox satellite TV, progress is not too fast at present.

The main reason is that communication satellites are difficult to rent. In the early 1980s, satellites around the world were owned by the state, and there was no precedent for private launch of communication satellites.

Of course, it is impossible for a private person to rent satellites alone, and they can only rent part of the bandwidth, which limits the development of Fox satellite TV. However, as of now, it has more than 200,000 subscribers.

In the next three to five years, Ye Jin hopes to completely lease a satellite of his own company. In the next ten years, Ye Jin hopes to launch his own communications satellite.

In this way, Fox's satellite TV business can get rid of dependence and grow stronger. Otherwise, it will be strangled by others forever.

...

In terms of cus computers, the thor3 model has been launched for half a year, and its configuration is still mainstream, and even the ibm PC is not as high as its configuration.

However, Ye Jin has urged Jack Hardman to hurry up and launch a laptop computer.

In 1981, Osborne launched the world's first laptop. This computer uses Zilog's z80a processor, with 64k memory, a 5.25-inch floppy drive, a full-size keyboard and a five-inch screen.

In addition to hardware, it is also equipped with a CP/m operating system, equipped with wordstar word processing software, supercalc spreadsheet software, Microsoft mbasicx programming language, cbasic language, etc.

The price of these software alone is as high as 1,500 US dollars, while the entire laptop is only 1,795 US dollars.

This made Osborne computers very popular after the launch, with orders continuously, with sales reaching 70 million US dollars in the first year and sales exceeding 100 million US dollars in the second year.

However, good dreams are the easiest to wake up. Since 1981, after ibm entered the personal computer market, major giants have followed suit, making the competition in the computer market unprecedentedly fierce.

The Osborne Computer Company's market has been squeezed, and its latest product, Osborne Type 2, has been unable to be launched because of its difficulty in research and development.

In addition, the CPU it uses is very different from the mainstream PCs, which also causes its users to gradually lose. Therefore, in the mid-1983, Osborne announced bankruptcy.

However, the concept of portable computers is still out of date. Ye Jin knows how popular laptops were in their previous lives and how high their profits were.

If you can only earn a bargain price assembled on a desktop computer, then a laptop with the same performance can buy a truckload of cabbage. Therefore, if you want to make money, a portable computer must be developed.
Chapter completed!