Haikou

This is a Boeing seven thirty-seven operated by Hainan Airlines.

It's just flown a purportedly domestic flight from Haikou, a city on the Chinese island of Hainan, to a place that can't even be named without eliciting controversy.

In English, this is Woody Island.

In Chinese, it's Yongxing Dao.

This is a Boeing 737 operated by Hainan Airlines.

It's just flown a purportedly domestic flight from Haikou, a city on the Chinese island of Hainan, to a place that can't even be named without eliciting controversy.

In English, this is Woody Island.

In Chinese, it's Yongxing Dao.

The year before, Deng Xiaoping's Southern Tour had ignited China's real estate frenzy.

In Hainan, countless people rushed into Haikou with a few thousand yuan in their pockets.

A dilapidated building that hadn't even been finished could be flipped three times in a single day.

But in this gamble, the vast majority of people became cannon fodder, while Pan Shiyi was one of the very few who saw the danger clearly.

He bought eight villas in Hainan at 3,000 yuan per square meter, then sold them off and made 3 million.

But he did the math.

The average per capita housing area in Beijing at the time was only 7.4 square meters, while in Haikou, based on the construction scale at the time, it would have reached nearly 50 square meters per person, which was impossible.

He identified the bubble and resolutely retreated, taking his first pot of gold, 3 million, back to Beijing.

Where else is on that list?

I think Haikou is definitely kind of the lesser known destination.

In Hainan? Yeah, it's the capital city for Hainan.

And it's also, I think in starting from October, you are sort of entering into that peak season for that island.

So you can still enjoy water sports.

For example, if you want to go surfing, Hainan would be, I would say, the only place you can go in winter in China.

So that's why a lot of people are traveling to Haikou starting from the National Day holiday.

And another point I want to add to Xishuangbanna is that you remember that very famous team of Asian elephants traveled across Vietnam a couple of years ago.

And, uh, they're the three kind of focuses for Wenevto.

So I'm out there in Haikau in, in Hainan province, uh, next week, uh, to, to support, uh, the board meetings of the Development Organization, which also runs the World New Energy Vehicle Congress, which will take place next week as well.

And that Congress is the sort of physical manifestation, I guess, of the board bringing the board members together.

Yeah, that's it.