I Want To Be a Rich Man on Hong Kong Island

Chapter 265 [Pit a foreign consortium]

At the end of October, Britain, France, and Israel launched military operations against Egypt in disregard of the condemnation of the international community; for a while, the shipping price reached a historical peak.

US$60 per ton for European and American routes, and US$32 per ton for Far East routes. This is the latest shipping price at the end of October; no surprises, this price will continue until May next year.

The 1.25 million-ton deadweight oil tanker that Global Shipping puts into Europe and the United States can run three times in six months according to the two-month round trip; if it happens, it can take an extra high-priced voyage.

So on a conservative basis, Global Shipping can achieve a revenue of 220 million US dollars in Europe and the United States, and a profit of 190 million US dollars.

Global Shipping has invested 1.05 million tons of cargo oil tankers in Dongying, which can run four times in six months; if it happens, it can also take an extra high-priced voyage.

On a conservative basis, Global Shipping can generate a revenue of 130 million US dollars in Japan and a profit of 110 million US dollars.

In the three months from August to October this year, Global Shipping has made a profit of 80 million US dollars.

In other words, this opportunity will bring $380 million to global shipping!

Global shipping can expand the fleet to 500 million US dollars before the advent of the 1960s, with a load capacity of up to 5 million tons;

In 1980, Bao Yugang had a fleet worth more than 2 billion U.S. dollars; but in 1960, Global Shipping could have a fleet of 500 million U.S. dollars.

So scary!

"Boom...boom"

"Boss, please see Mr. Sanders!"

Sandas walked into Wu Guangyao's office with an undisguised excitement on his face.

"Mr. Wu, the shipping price has risen so high, you can still sit on the Diaoyutai!"

Wu Guangyao teased: "Don't you still want me to go to the boat and personally supervise the formation?"

Inviting Sandas to sit down, Wu Guangyao's part-time secretary poured a cup of tea and placed it in front of Sandas.

Sandas also knew that he was too excited, so he picked up his teacup and ordered a few times to calm down.

"How long do you think this wave of market prices will last?" Sandas asked the most concerned question. Wu Guangyao's eyes needless to say that HSBC is not investing in Global Shipping, but the young man in front of him.

"I don't know, but even if the war is over, the Suez Canal will not be opened immediately. So, let's wait to make a fortune!" Wu Guangyao said confidently.

Sanders has calmed down at this time. After all, in the past three months, I have been shutting down the skyrocketing shipping price; but when it skyrocketed to 60 US dollars a ton, I still couldn't control myself, and the first thing I thought of was to come to the world Shipping is subject to availability.

This matter is too important. For me, I have already glimpsed the edge of HSBC Taipan;

For HSBC, with its 22% stake in Global Shipping, this wave of profits belonging to HSBC is probably HSBC’s profit for more than a year.

"The governor of Xingdao has agreed to our proposal, and Global Shipping can go to inspect the port at any time!" Sandas said.

Wu Guangyao handed over the construction of a container terminal at Sing Tao Port to HSBC to publicize the governor's office of Sing Tao. After all, they are all British; while Global Shipping went to publicize the Chinese councilors. After all, there are Chinese councilors on Sing Tao. Very powerful, even able to check and balance the governor.

"Oh, that's great! Our global shipping has already been affirmed by the member of Sing Tao. It seems that we will add two more container terminals!"

Singapore's port will be the busiest port in the world in the future. If there are two container terminals there; then after the 1980s, even if the global shipping industry reduces ships and lands, it will not be a small company in the future.

If there are 100 container terminals in the world, Universal Group will become one of the world's top 100 companies in the 21st century.

The three pillar industries of shipping, port and aviation will make Universal Group a world-class company.

 …

In November, the 'Longde Garden' located in Shamshuiwa opened for sale.

This is the fourth high-rise community developed by Cheung Kong.

In the past two years, Cheung Kong has developed more unit buildings than any other real estate company on Hong Kong Island;

Although there are only four projects, because they are all large-scale residential areas, they still lead the way in terms of the number of residential unit buildings.

In view of the fact that the sales of "Phase III of Zijin City" were not as smooth as before, only about 60% of the houses were sold in more than a month;

Therefore, Wu Guangyao decided to sell the 'Longde Garden' in Shenshuishe at a low price; all the houses were sold at a 10% discount, so as to quickly withdraw funds.

The effect was good, 500 sets were sold that day, accounting for 32% of the total!

It is slightly better than the sales situation of "Zijin City Phase III".

At this time, there was still a year before the sharp drop in housing prices and land prices that Wu Guangyao remembered, so Wu Guangyao was also in a hurry. I am afraid that the three lands in the central district would not be developed in time.

Because Changjiang Industrial did not have time to develop the three lands in the Central District, Wu Guangyao decided to sell the three lands.

Of course, there is no problem. At this time, funds from Southeast Asia and Japan have come to Hong Kong Island to start real estate business, and there are also a lot of funds from Europe and the United States.

In the end, the three pieces of land were sold to the Japanese consortium, the British consortium, and the French consortium, and Cheung Kong received 29 million Hong Kong dollars in cash.

After these consortiums buy the land, it may not be a year before land prices on Hong Kong Island will plummet. I don’t know what to do when the time comes?

Of course, Wu Guangyao cannot be blamed for this, because this is a normal business transaction.

However, this is indeed Wu Guangyao's intention to cheat these foreign investors, because Cheung Kong did not sell to Chinese businessmen on purpose.

When these three pieces of land were bought, they were only worth 3 million Hong Kong dollars; one can imagine how much land and housing prices on Hong Kong Island have risen in recent years.

Cheung Kong invested no more than 4 million yuan in the purchase of land at the beginning, and the profits from Lanwan Villas were also invested in the purchase of land, which is equivalent to less than 8 million Hong Kong dollars for the purchase of land.

Eight pieces of land and one property were purchased for 8 million Hong Kong dollars, and the total value after 7 years was more than 75 million Hong Kong dollars.

Of the 8 plots of land, Cheung Kong only had time to develop 5 plots, namely the four residential properties in Yau Tsim Mong Sham and the large commercial complex in Cheung Kong Center in Tsim Sha Tsui.

The four residential sites have a conservative profit of 70 million Hong Kong dollars. In addition to the 29 million Hong Kong dollars of the three lands sold, Cheung Kong has a capital of 100 million Hong Kong dollars.

The Yangtze River Central Commercial Complex needs to invest 70 million Hong Kong dollars, so there is still 30 million Hong Kong dollars in the account, waiting for the moment of bargain hunting in 1958.

In fact, Wu Guangyao still has a lot of money in his hands, but he doesn't plan to invest all of it in the real estate industry.

There is still a full 25 million U.S. dollars in deposits at Wu Guangyao Bank. The zipper industry contributed 90% of this money, while Uniqlo and Lao Fengxiang contributed 10%. As for other industries, I am afraid that they will not be able to withdraw cash in the past few years.

For example, shipping, even if it needs to earn 380 million US dollars this time, global shipping needs to expand; 380 million US dollars is only enough to build new ships of about 2.7 million tons, and most of this price can only be selected from Dongying Shipyard.

A 30,000-ton oil tanker is worth 4 million U.S. dollars (about 5 million U.S. dollars in Europe and the United States), which is enough to buy two or three six-story buildings in the Central District of Hong Kong Island.

It is conceivable that when the 1960s came, how many buildings of Wu Guangyao would sail freely on the sea!

The Neptune Kingdom is not a joke!

In 1960, Wu Guangyao owned 5 million tons of cargo tankers and oil tankers, so naturally he would not be satisfied; then in the next ten years, he will strive to expand the fleet to 18 million to 20 million tons in 1970; In the 1970s, we had to continue to expand, and strive to reach 30 million tons by the end of the 1970s.

Then, before 1980, this fleet was worth about 5 billion US dollars. By that time, Jardine Matheson and other British foreign companies would still be Wu Guangyao's opponents there.

In fact, even in the 1960s, Wu Guangyao's financial strength was enough to beat these British-funded foreign firms; but it was not the best time, so Wu Guangyao might only have a small confrontation with these foreign-funded companies.

In the 1950s, Wu Guangyao had a small confrontation with three British foreign firms; of course, it was precisely because of the small confrontation that the Hong Kong government did not favor anyone.

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