I want to be a giant of Hong Kong Island

Chapter 265 [Hitting 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 125 million-ton cargo/oil tankers invested by Global Shipping in Europe and the United States can travel three times in six months according to the two-month round trip; if it happens, they can take an extra high-priced voyage.

So on a conservative basis, Global Shipping can achieve a revenue of 2.2 million US dollars in Europe and the United States, and a profit of 1.9 million US dollars.

Global Shipping has invested 105 million tons of deadweight cargo/oil tankers in Dongying. In six months, it can run four times steadily; if it happens, it can also take an extra high-priced voyage.

On a conservative basis, Global Shipping can generate a revenue of 1.3 million US dollars in Japan and a profit of 1.1 million US dollars.

In the three months from August to October this year, Global Shipping has made a profit of 0.8 million US dollars.

In other words, this opportunity will bring $3.8 million to global shipping!
Global shipping can expand the fleet to 60 million US dollars before the advent of the 5s, with a load capacity of up to 500 million tons;

In 1980, Bao Yugang had a fleet worth more than 20 billion U.S. dollars; but in 1960, Global Shipping could have a fleet of 5 million U.S. dollars.

Horror!
"Boom, 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 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 80s, global shipping will not be a small company in the future even if ships are reduced.

If there are 100 container terminals in the world, Universal Group will become one of the world's top 21 companies after the [-]st 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 Shamshuishe opened for sale, which 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 1% of the houses were sold in more than a month;
So Wu Guangyao decided to sell the 'Longde Garden' in Sham Shui She at a low price; all the houses will be sold at a [-]% discount in order 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 "Phase III of Zijin City".

At this time, there is still a year before the house price/land price plummet that Wu Guangyao remembers, so Wu Guangyao is also in a hurry. I am afraid that the three lands in the central area will 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 2900 million Hong Kong dollars in cash.

After these consortiums buy the land, it may not be a year before the land price/housing price 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 300 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 400 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 800 million Hong Kong dollars for the purchase of land.

Eight pieces of land and one property were purchased for 800 million Hong Kong dollars, and the total value after 8 years was more than 7 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 7000 million Hong Kong dollars. In addition to the 2900 million Hong Kong dollars of the three lands sold, Cheung Kong has a capital of [-] million Hong Kong dollars.

The Yangtze River Central Commercial Complex needs to invest 7000 million Hong Kong dollars, so there is still 3000 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.

Wu Guangyao Bank still has a full 2500 million US dollars in deposits. 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 3.8 million US dollars this time, global shipping needs to expand; 3.8 million US dollars is only enough to build new ships of about 270 million tons, and most of this price can only be selected from Dongying Shipyard.

A 500-ton oil tanker is worth 600 million U.S. dollars (about [-] 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 60s comes, how many buildings Wu Guangyao has will sail freely on the sea!
The Neptune Kingdom is not a joke!

In 1960, Wu Guangyao owned 500 million tons of freighters/oil tankers, so he was naturally not satisfied; then in the next ten years, he will strive to expand the fleet to 1970 million to 1800 million tons in 2000; 70 In the 70s, it had to continue to expand, and strive to reach 3000 million tons by the end of the [-]s.

Then, before 1980, this fleet was worth about 50 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 60s, Wu Guangyao's financial strength was enough to beat these foreign-funded foreign firms; but it was not the best time, so Wu Guangyao might only have a small confrontation with these foreign-funded enterprises.

In the 50s, Wu Guangyao had a small confrontation with the three British foreign firms; of course, because of the small confrontation, the Hong Kong government did not favor anyone.

(End of this chapter)