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辣招损害香港生产力和竞争力

 

汤文亮博士

纪惠集团行政总裁
2014年5月18日

      越南排华暴动,中国政府,台湾政府分别发表声明谴责越南,同时表示尽力协助在越南设厂的厂商,大家唔知道又没有发觉,香港政府没有发出类比言论,虽然CY曾经说过要派飞机撤走在越南旅行的人,而旅游协会停止未来十日的越南旅行团,政府亦发出旅游警告,香港政府所做的事,仅此而已,点解唔见到有厂家求助,唔通没有厂家在越南设厂,老实说,唔系冇,而是很少,规模亦不大,本来香港人做工厂的年代已经式微,现在政府更推出辣招,美其名是打击楼价,但连香港人的信贷额也降低,没有信贷额,香港人在国内什至其他地方所设的工厂规模越搞越细,什至有一些厂家无心恋战,草草结业便算,但香港政府从来不会提及这些事,只会一天到睌想办法打击楼价,彷佛,楼价下跌,香港变成一个共贫社会,市民大家都变得和谐一些,似乎符合孔子所说,大家冇钱都唔紧要,最怕是有一些市民有钱,有一些市民没有,不患寡,只患不均。

       我经常说,政府可以做一些工作令多些市民有机会置业,什至可以管制私人住宅的炒卖投机活动,但不能够打击楼宇的有关商业活动,政府打击楼价,全面将信贷额降低,本来,有很多厂家都是以他们在香港的物业作抵押,增加他们在国内或其他地区所设工厂的信贷额,现在政府收紧按揭成数,使他们的工厂亦不能获得足够资金周转,厂家在无可奈何的情况下唯有将工厂规模缩小,什至结业,更加不会扩充,所以,今次越南排华暴动,都唔见到有香港厂家求助,其实,这是一个严重警号,究竟是香港人失去了做厂的精神,抑或政府为了打击楼市而收紧楼宇按揭信贷,而握杀了香港人做厂的生存空间,政府以打击楼市为己任,不知不觉已经严重伤害到香港的经济体系,最惨的就是CY政府仍然并未察觉,认为楼价不跌,辣招不撤,继续打击楼市,终有一日,香港的经济体系崩溃,在国内香港工厂工作的香港人因工厂结业而要回流,加入领取综援大军,或者,CY会更加开心,更多人领取综援表示更多人倚赖政府,直接令到政府更易管理香港,虽然这是我的猜测,但虽不中亦不远矣。

        在过去,香港被称为四小龙之一,而四小龙不是指金融经济,而是指工厂的生产能力,香港政府在过去虽然没有大力支助工业发展,但亦没有阻挠,厂商以私人物业作抵押争取商业贷款作为工厂营运资金,当时的政府认为这是银行商业决定,如果工厂亏损,厂商的私人物业资不抵债,损失都只是银行,与政府无关,但现在管制银行的按揭贷款活动,工厂的资金来源被毁,又如何能够生存,现在,香港早已不是四小龙,稍后,是小虫就差不多。

 
 
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1. don't understand,,,, 2014-05-18 10:14:22
what is the real "生产力和竞争力" when speculating on real estate ??..
2. to 1/f 2014-05-18 10:54:37
就黎大家便秘都関3d事架啦!哈哈哈!
3. 同意2楼 2014-05-18 12:12:22
疴屎不出赖茅坑
4. Alan Pepper 2014-05-18 14:58:09
Hello doc. 

I don't think 3D has such an effect on Hong Kong manufacturing industry as it has only been exercised for 3 years, especially if you talk about factories in Vietnam. I have a few friends who are in manufacturing and there are many reasons they do not invest in factories outside China. Most is because their scale is not big enough to have a presence outside of China. 

However, the government is not entirely without fault. If you look at large Taiwan, Japanese, Korean, Singapore manufacturing companies, look at the government policies that each respective country has on protecting and promoting the manufacturing industry, compare to HK? Well, you are right, Hong Kong Government doesn't help the manufacturer in anyway. Manufacturers in Hong Kong has to use their assets (typically their property ) to obtain loan from the banks, to finance building a factory in China, buying raw materials, pay for workers, investing in equipment, and financing their customers with ridiculous terms. Every banking facility they have they are on their own, no help was given by the government at all. 

If you search semiconductor industry in Taiwan, you will find that the government did not help the industry, but it single handedly created the industry in Taiwan. The following is an excerpt on the article:

" Taiwan’s semiconductor industry took off in 1975 when government research institutes set up the first homegrown manufacturer—United Microelectronics Corp., which soon became the world’s second largest wafer foundry.

This plant also created a pipeline of technical talent and entrepreneurs who went on to build new companies. In 1981, state-owned research and development units helped establish Taiwan Mask Corp. and over the next couple of years, ERSO spun off a slew of companies, includingTaiwan Semiconductor Manufacturing Corp., which has grown into the world’s largest contract chip-maker today.

Interestingly, the Taiwanese government did not get involved in the manufacturing or in the running of these plants, but transferred the technology to private enterprises and limited its role to providing R&D."

Very similar policies were practiced in Korea and Singapore. 

Hong Kong manufacturing entrepreneurs are like an orphan child, while everyone around them have support from their parents they had to do it on their own. Support given by government has always been an afterthought, to spend petty cash to sooth immediate pressure, but  never a long term, committed investment like R&D. It doesn't understand that no company in HK can afford multi billion R&D. Even largest traded companies in HK like Li & Fung & Johnson Electric. 
5. 珍惜香港 2014-05-18 18:09:22
珍惜香港TO:4/F Alan Pepper

阁下令我谂起之前嘅一篇旧文,都写过呢个话题。

政府要支持一个行业,唔一定要用好多钱,只要就住天时地利,一个政策,己经可以 Make a difference。但喺时机一过,再花几多钱都喺徒然。

半导体喺电子产业嘅龙头,能够有机会响呢度落地生根嘅话,唔单止喺香港,成个珠江三角洲嘅命运都会被改写。可惜当年呢个矽港计划,就响董曾嘅手上一下子断送咗俾上海;而差嘅,就只喺一个政策嘅配合。时机过后,做乜都冇用;依家起咗成个科学园出嚟,洗咗咁多钱,又搞出咗啲乜?

矽港计划嘅错失,喺一个双输。响上海成立嘅中芯国际,后嚟发生咗侵权事件,令中国嘅半导体发展虚耗咗唔少资源同光阴;如果当日植根香港,唔知会唔会唔同咗?呢啲嘢,冇担保嘅,不过我地当时嘅科技同知识产权基础,的确喺比上海优胜。

其实,除咗政府之外,香港人自己都有责任。就睇演艺界,点解香港,唔喺吹日风,就喺吹韩风?点解唔喺响日本同韩国吹港风嘅?点解啲香港人,会一涡风走去学日文,学韩文?而唔喺啲日本人同韩国人,一涡风走去学广东话嘅?香港演艺发展咗几十年,历史唔会短过人地;有人话,喺因为本地行业嘅质素差喎,可能喺嘅;不过,行业嘅质素,喺由竞争同需求带动,本地都冇市场,又点样带动质素嘅提升,从而进军海外?

好多 MAKE IN HONG KONG 嘅嘢,都只有外地人至识得欣赏。最近更体会到,原来我地香港人自己都睇唔起嘅本土嘢,反而得到内地人嘅认同。身为香港人,真喺有啲惭愧,我地嘅向心力,的确喺差过人地。

向心力,喺讲对本土文化同产业嘅支持
,唔喺指排外果啲消极嘢!
6. 肥婆四 2014-05-18 19:36:41
咁就真系又関政府事,社会一定是有劲争先有进步,七八十年代本港演艺事业十分旺盛,劲争剧烈之故,丽的同无綫斗,嘉禾同邵氏争,咁就大家都多投资多拍好戏好节目。经多年劲争都分高下,胜者无对手咪少投资罗,少好戏拍人才咪走罗,观众无瘾都找其他消遣啦,D政策仲系咁,有心加入劲争嘅,政府唔批,真系吹佢唔涨,大众都睇得到,咁有乜计,咪睥视你罗,疏离你罗,唔通重亲你呀,社会怨气日重,都唔系一朝一夕的事,系好多事合埋嘅。的政策唔改,香港只怕续比人爬头。
7. 小阳 2014-05-18 20:50:02
Hi Alan pepper, 

The SME business  can get the loan backed by 政府担保. However I do agree that the govt need to do more . I know there are a few hk ppl own  factories in Vietnam . The lending bank will concern about the country risk  and the bank may reduce the credit limit due to the Vietnam riot.  I think hk govt can help those factories for term loans or  other financing facilities. 




8. 香港无奈 2014-05-19 09:15:04
在香港弹丸之地,好一个骨骼惊奇,举世瞩目的武术思想家李小龙在这里发迹,逝世。
李小龙迷期望的李小龙纪念馆也搞了那么多年。。。
起码多一个香港本土化的旅游点。。。香港也搞不好。。。

韩国对文化产业有野心,政府博名谷,一有剧爆出就立即批出电影攞景地作为景点。
我们就成鬼日找顾问公司研究,做完报告就关人。。。。失望!
9. 70's 2014-05-19 10:42:29

汤博士说得很正确。现在港商在内地设厂的规模正在缩减或有加速结业的情况。大家可以说是人民币升值而使港商没有利润空间,无心恋战。但与此同时,国内有一班后起之秀,把工厂规模愈搅愈大,高端技术含量越来越高,这代表国内人看的只有今天和明天,而香港呢? 大家只是念记昨天、呆著今天、没有明天。

 

10. Alan Pepper 2014-05-19 17:16:17
To 7:

Yes, this is exactly what I mean, petty cash to sooth immediate pressure. The current SME loan was introduced back in 2007-8 in response to the Financial "Tsunami". And it is only an 90% guaranteed loan for a period of 5 years, not an investment in any particular industry, and 5 years? What a joke! 5 years is barely enough to get any feasible project started!

As described above, Taiwan has "government research institutes set up the first homegrown manufacturer—United Microelectronics Corp., which soon became the world’s second largest wafer foundry." Then let private sectors enjoy the R&D for a very low cost or even free. This is commitment.

Singapore has similar programs, although I am not entirely familiar with the terms, is that the government pays foreign companies who invest in Singapore all or part of the salary of fresh graduates from Singapore universities for the first 2 years. (I think this applies only to certain industries). This is commitment.

Korea sets up professional schools for their entertainment industry, a full time 3-4 year program! Not a short course from TVB (albeit quite professional for private company with limited resources)  Let's not even talk about Samsung and LG. This is commitment.

Look at Cyberport, it was a great initiative but failed execution and commitment. If the government was really committed to IT and Telecom back then, it would have set up technical training programs, provide long term R&D facilities and funds (at least 4-5 sessions of 3 year funds) , hire professionals internationally, etc. The government can then lease these R&D patents to HK businesses at a fair and attractive prices. This is commitment. 

Or the Arts and Cultural district in Western Kowloon (although as a business person I cannot agree to the concept in HK, a population of 7 million without too much cultural history.) 
11. Alan Pepper 2014-05-19 17:35:39
To 5/F

Good article!
12. Alan Pepper 2014-05-19 17:52:31
BTW, I think HK can still do Technology ah, because HK has enough universities and smart people (i believe inherently HK people are smart, but just don't have the initiative, or the support, or the enviroment for them to excel), tech is still extremely high value in the foreseeable future, it requires very little space, very little low end work force, and HK is already an extremely concentrated testing ground for many tech products for many international companies. (Especially Telecom, because the density of population makes telecom easy to scale and test).

I heard from the news few months back at least HK has leased land for data centers, although some may complain is too little space. But at least this is one small step.

Recycling is still an industry left to be discovered, (in retrospect, CW Tung was a visionary, born at the wrong time and executed poorly.) HK is the perfect place to create a Recycling research hub for Asia, because firstly there's a dire need to recycling program in HK, population is dense meaning extremely easy transport and collection.

(Disclaimer, I'm not in any of the above industries, but I believe HK has the perfect foundations for them.)
13. Alan Pepper 2014-05-19 18:02:31
wow, train of thought, Recycling will also create a lot of low end jobs for the under educated. Although initially will be a losing money business, it is not the low end jobs we are after, but the potential consultation services offered to China and neighboring countries, much like MTR (who are under a bit of heat lately)
14. 自我陶醉 2014-05-20 12:59:50

Hi Alan,

You're such a visionary! It's a shame, however, that our Govt doesn't work that way like others. They are so self-contented with the past achievements and their mentality is just to keep their hands clean by outsourcing virtually everything with minimal intervention. So any subsidy will end up being another cyberport project and also a bunch of people petitioning the transfer of benefits from Govt to biz everyday. That's why they won't have the motivation to do anything except fire-fighting.

The problem we currently have for our industries is the ever-rising investment costs on both land and labor. Much of our entrepreneurship has already been killed by those skyrocketing costs. No matter how good your suggestions may sound, it's not going to work here in HK unless we can fix our Govt's mentality and have a stable price tag for those big ticket items.  

Imagine you hold a property to start your business. After a year or two, you will notice that you're already making a handsome profit on the piece of land you hold wihout doing anything on it and without going through the whole painful and risky startup. Not to mention the labor costs and other expenses that are chasing hard at your back everyday. So, what's the point to take the risk to start a business.  

The situation will even be worse if you rent a place to start the business. Eventually, you will realize your rent will shoot to the roof before you start making any profit. What if you're persistent enough to wait for the date of breakeven? The cruel reality is that the more profit you make, the more rent your landlord will price in to your rental bill until it can't afford and collapses one day. This is what kills local SMEs now. And that's why everyone here is so conditioned to be short sighted. 


15. 小阳 2014-05-20 13:30:59

To self drunken bro ,

Good to see u here . To be frank, there are no factory in HONG KONG now .  High property price help those SME instead of killing them . They use their own properties as collateral and get the term loan and lending facilities from banks. IF  as you said , the govt should kill the property and let the price fall to 30% ,. I am 99% certain that those SME will suffer LOAN CALLING .

As a globish and IT fans , lot of shoppers esp OLs get used to Online shopping . The location of shops and factories are not the problem.

The main problem is R&D and MONEY  instead of location .

I Agreed on what ALAN said. Brain , creativity , technology , money  are vital for business development . The govt should give lot of support on them .

16. 自我陶醉 2014-05-20 14:01:08
小阳

无谓为咗拗而拗, 咁样冇咩意思, 只会变成人身攻击。 我唔明点解你觉得industry 就一定系你脑里面嘅 labor intensive factories?  IT itself is an industry. 世界上仲有好多高新科技嘅 industry。 而我讲嘅, 系stable price tag, 唔系你所讲嘅升三成跌三成, 呢啲都系唔健康。 将眼介放开啲, 你睇嘢嘅 perspective 都会好唔同。

17. 小阳 2014-05-20 14:11:38

Hi Self drunken bro ,

You said it before :

The problem we currently have for our industries is the ever-rising investment costs on both land and labor.

Now , i am telling you that Land is not a problem , coz business environment is changing due to advanced technology  and those SME need STABLE property price to  get loans  for business operation.

18. 自我陶醉 2014-05-20 14:20:57
小阳, so we're on the same page then.
19. middle middle class 2014-05-20 15:51:07

I have been working in the manufacturing sector for more than 20 years, mainly in China but also some chances in Thailand as well as Vietnam.  I have compared the management and team spirit among factories owned by mainland Chinese, Taiwan Chinese and Hong Kong Chinese.  For those factories managed and owned by HK Chinese are less disciplined but rather friendly.  The overall relation between the employer and employees are much smooth than that under Taiwan Chinese management.

 

20. 自我陶醉 2014-05-20 16:57:52
To : middle middle class

I totally agree to what you have observed. From what I've seen:

Local Hk Chinese ~ runs more like friends. 
Mainland Chinese ~ runs more like parents and kids.
Taiwan ~ runs like military. Look at how horrible Foxconn was.
Local Thai ~ more like family (brothers and sisters). I saw them even wear slippers in the office too.
Vietnam ~ not too sure. Like Mainland Chinese maybe. 


21. 小阳 2014-05-20 17:52:41
《经济通通讯社20日专讯》地产建设商会连同戴德梁行、高力国际等测量师行及商界团体
发出声明,促请政府豁免向非住宅物业徵收双倍印花税(DSD)。
  声明指出,向非住宅物业徵收DSD令属正常商业活动的非住宅物业交投受牵连。现时商户
正面对严峻的经营环境,若继续徵收DSD将会雪上加霜,同时令中小企的经营受牵连,交投大
降令企业融资能力大减,拖慢经济活动及拖累政府政策。
  因此,声明促请政府修订印花税条例草案,豁免非住宅物业双倍印花税。(ah)
22. 自我陶醉 2014-05-20 18:16:38
21/F 小阳, 谢谢分享!  如果成功, 这无论对打算出售或购入商业物业的企业都会是好消息。无须影响商业活动的正常发展。
23. 小阳 2014-05-20 19:27:08
I am doing my best to help the hk economy now . Rush to sogo now !!!!
24. 笑爆咀 2014-05-20 21:09:01
回23:

对!说出事实帮香港经济。