I Want To Be a Rich Man on Hong Kong Island

Fast forward to the Spring Festival of 1953, and Wu Guangyao's family spent their first New Year at No. 79 Deep Water Bay.

At this time, Deep Water Bay was deserted. If there were not 10 servants, confinement sisters, and security guards in the Wu family, it would have been a bit desolate.

Relatives such as father-in-law and uncle came here on the first day of the new year, and they also sighed: "This is a treasured place of geomantic omen, but the popularity is not strong enough."

Wu Guangyao responded: "The people of Hong Kong Island are busy making money and getting enough food and clothing, so there are very few people who come to visit such an interesting beach like Deep Water Bay. But as people's lives become richer, they will naturally attach importance to life. Quality. People who come to Deep Water Bay on weekends will drive more, and those wealthy businessmen will also pay attention to this place.”

After listening to Wu Guangyao's words, Lin Youde was a little moved, and asked, "Guangyao, you said that our family also came here to get a piece of land, how about building a villa?"

Wu Guangyao said with a smile: "It should have been like this long ago. Father-in-law's textile factory has made a lot of profits in recent years, ranking second in Hong Kong Island. No one dares to rank first. It should have been built an exclusive villa for our top rich people. "

Relying on the huge order of PG zippers, Lin Youde has long since left behind other textile factories in Hong Kong Island, and has become a rich man on Hong Kong Island. His net worth is conservative and looks like five million Hong Kong dollars.

Although there is only a little cloth on a zipper, but that is the global supply, billions of pieces a year, can you not make money!

Lin Youde currently only has two properties, one is the tenement building he bought at the beginning, and the other is the Lanwan villa developed by Changjiang Industrial, which inevitably looks a bit shabby.

"Okay, I'll come to buy it in the next year, and our two families will be neighbors in the future!"

Wu Guangyao's uncle Zhou Zhiyuan listened to the conversation between the two, and he couldn't help feeling a little envious.

Zhou Zhiyuan's factory produces rubber shoes, and the customers of the rubber shoes are mainly coolies, so the profit is not high;

Even a relatively large manufacturer of rubber shoes on Hong Kong Island makes an annual profit of only tens of thousands of Hong Kong dollars.

Wu Guangyao wanted to help him, but he was not very proficient in the shoe business.

The only thing that can help him is Wu Guangyao borrowed half of the money he paid for the Lanwan villa.

"Uncle, rubber shoes are a cheap product after all, and the profit is not high. I think you should develop another product." Wu Guangyao suddenly remembered something, and said to Zhou Zhiyuan with a little excitement.

If someone else said this sentence, Zhou Zhiyuan might still think about it, but when Wu Guangyao said it, Zhou Zhiyuan immediately became excited.

This nephew of mine is unsurpassed in business, and his multiple industries are all industry benchmarks.

Of course I wouldn't doubt my nephew's ability!

"What product?" Zhou Zhiyuan said excitedly.

"Toys, toys for children. In fact, I can't help but make money from women, and children's money. The plastic industry on Hong Kong Island is developing rapidly, and my uncle just happens to get a piece of the pie. As long as the products are of good quality, they can be sold to other countries." The whole of Asia." Wu Guangyao said.

Wu Guangyao's suggestion, in fact, has another evil intention, which is to run on Li Chaoren.

Li Chaoren has developed well in the plastic industry in the past two years, and his products have begun to be sold to Southeast Asia and Japan;

But Wu Guangyao knew that he still had a disaster, that is, because of the poor quality of the products this year, dealers started to trouble him;

This catastrophe is also Li Chaoren's biggest catastrophe, because at one point the factory could not continue and owed money to banks and material dealers; and those dealers hated him so much that they even came to Hong Kong Island to insult him.

Zhou Zhiyuan was not disappointed when he heard that the product was too small;

Now that my nephew has said so, let’s try it myself!

"I'll make preparations later, and try to start work as soon as possible!" Zhou Zhiyuan chose to believe without hesitation.

In fact, Wu Guangyao has already helped Zhou Zhiyuan plan for the future, that is to be a world-class toy dealer.

Of course, everything still depends on his good luck, and Wu Guangyao will only give pointers.

.........

1953, end of February.

Universal Building has six floors in total, Wu Guangyao occupies the top floor exclusively, the fifth floor is the telegraph room and conference room, and the rest of the staff and management occupy the lower four floors.

There was a stack of paper documents on Wu Guangyao's desk, which were just sent by the Finance Department, and Wu Guangyao had already read them.

Picking up a pen, Wu Guangyao wrote a bunch of data and words casually on the paper, which looks like a bunch of Morse codes to outsiders, and only professionals can see the details.

Global Shipping currently has 41 second-hand cargo tankers with a total load capacity of 650,000 tons;

Global Shipping also owns 15 30,000-ton oil tankers under construction;

Therefore, the load capacity of global shipping has reached 1.1 million tons.

Perhaps the European and American fleets of the first-generation shipping stars are not yet ranked, but they can be considered to have a good ranking in the rankings of the second-generation shipping stars Greece and Japan.

The asset situation has also improved slightly, and the valuation of the second-hand fleet can reach 25 million US dollars;

There is also a new fleet of US$95 million (principal of US$8,000 plus interest of US$15 million), and the funds for purchasing new ships have already paid off US$35 million;

The Korean War began at the end of June 1950 and ended at the end of February 1953, 32 months have passed.

In June 1950, the fixed assets of global shipping were less than 10 million US dollars; by now, the fixed assets of global shipping have reached 60 million US dollars.

In other words, in less than three years, Global Shipping has earned a total of 50 million US dollars, which can be described as quite huge profits.

This is still in the case of giving enough discounts to Dongying customers, otherwise it is no problem to earn 55 million US dollars.

Thinking about the discount of 5 million US dollars given to Dongying customers, Wu Guangyao felt a little heartbroken;

Of course, Wu Guangyao might not be able to continue his business and develop at a high speed if he did not give such a big discount.

But this time, Wu Guangyao planned to 'pit' Dongying's customers.

The Korean War is coming to an end, shipping prices will fall, and even business will begin to decrease;

Of course, this is not a shipping cold wave. After all, Japan's economy needs to continue to develop at a high speed, and various resources are still indispensable.

Shipping is just a normal decline. After all, before the Korean War, the price of shipping per ton was only about 8 US dollars; after the Korean War, it skyrocketed to 16 US dollars, and it has lasted for 30 months.

Wu Guangyao predicted that from the second half of 1953 to the first half of 1956, the shipping price for these three years would remain between US$10 and US$12.

But there is a problem, if it is a short-term rental, the business may not be full, so it will be frightening.

Therefore, Wu Guangyao decided to start developing long-term rentals, with a period of two to three years.

You know, at this time, the long-term rental price has also increased by 80% compared to before the Korean War; even there are businesses, but no boats.

If, in the next four months or so, Wu Guangyao gradually replaces most of the short-term rental contracts with long-term rental contracts;

Then in the future, not only will I not have to worry about being scared and unable to sleep, but the price is very considerable, enough to make all my peers envious!

In this way, Dongying customers can't find faults, after all, this is what you love and what I want;

And now that everyone wants to rent a long-term contract, then you should 'reluctantly'.

Afterwards, if someone asks themselves, 'Why did you suddenly change your business approach? '

This question is also very easy to answer, ‘how can shipping be done without understanding the international situation, and how not to predict the direction of things; it can also be said that this is a kind of gambling. I am betting that the war will end and the world should be peaceful. '

Just like Bao Yugang's life: he bought his first ship in 1955, but the Suez Canal was closed in the second year, and the freight rate skyrocketed........ In the late 1970s, the ship was abandoned and landed, which happened to coincide with the Great Depression of shipping coming.

So someone asked: "Mr. Bao, why can you predict the future?"

Bao Yugang said: "I can predict the future, I'm just analyzing the international situation at any time. Many people think that I am in Hong Kong Island today, tomorrow in a certain European palace, and the day after tomorrow in the White House in the United States, so cool! In fact, what they don’t understand is that wherever I go, I always look for useful news and collect all kinds of information; every time I meet a politician, I will pay attention to his words and deeds, and care about the international situation.”

Compared with Bao Yugang, Wu Guangyao has the identity of a time traveler and is familiar with history, so he seems more confident!

Of course, Wu Guangyao didn't rely entirely on the information from the traversers. He also cared about major events in the world, and analyzed what was useful to his business empire from them.

 …

Just do what you think, this is Wu Guangyao's consistent style of doing things.

In the afternoon of the same day, Wu Guangyao gave instructions to the management of the company: After the short-term contracts for all the ships under his banner arrived, he began to sell three-year long-term contracts to Dongying customers. The price is favorable, floating between 85% and 95%.

This time, Wu Guangyao did not hold a meeting to discuss, but directly issued instructions.

The management only needs to follow through, and if you have any opinions, you can discuss it with Wu Guangyao in private!

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