Chapter 265: [Hit a handful of foreign consortia]
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Chapter 265【Keep a Foreign Consortium】
At the end of October, the three countries of Britain, France, and Israel launched military operations against Egypt despite the condemnation of the international community; for a while, the price of shipping also 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 freight price at the end of October; not surprisingly, this price will last until May next year.
The 1.25 million tons of cargo/oil tankers invested by Global Shipping in Europe and the United States can run three times in six months according to a round trip in two months; if it happens, one more high-priced voyage can be taken.
So conservatively calculated, Global Shipping can reach 220 million U.S. dollars in revenue in Europe and the United States, and it can make a profit of 190 million U.S. dollars.
Global Shipping has invested 1.05 million tons of cargo/oil tankers in Dongying. It can run four times in six months; if it happens, it can also take another high-priced voyage.
Calculated conservatively, Global Shipping can earn 130 million U.S. dollars in revenue and make 110 million U.S. dollars in profit at Dongying.
In the three months from August to October this year, Global Shipping has already made a profit of 80 million U.S. dollars.
In other words, this opportunity will bring US$380 million to global shipping!
Global shipping can expand the fleet to 500 million US dollars before the advent of the 1960s, with a carrying capacity of up to 5 million tons;
In 1980, Bao Yugang, a later generation, had a fleet valued at more than US$2 billion; however, Global Shipping could have a fleet of US$500 million in 1960.
Horror!
"咚咚.咚咚"
"Boss, Mr. Sandus, please see you!"
Sang Dashi walked into Wu Guangyao's office, and the excitement on his face made no secret of it.
"Mr. Wu, the shipping price has risen so high, you can still sit on the Diaoyutai Island!"
Wu Guangyao teased: "Do you still want me to go on board and personally supervise the formation?"
Invited Sundars to sit down, Wu Guangyao's part-time secretary poured a cup of tea and placed it in front of Sundars.
Sundus also knew that he was too excited, so he picked up the teacup and tapped a few times to calm his mood.
"How long do you think this wave of market can last?" Sundars asked the most concerned question. Wu Guangyao's vision needless to say. 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 for a big profit!" Wu Guangyao said confidently.
Sundars has calmed down at this time. After all, for the past three months, he has been locked in the skyrocketing shipping prices; but when it soared to 60 US dollars a ton, he still couldn't control himself. The first thing he thought of coming to the world was to come to the world. Shipping is confirmed.
This matter is too important, as far as I am concerned, I have already caught a glimpse of the edge of the HSBC taipan;
For HSBC, by owning 22% of global shipping shares, this wave of profits belongs to HSBC, and I am afraid that it is HSBC’s profits for more than one year.
"The Governor of Sing Tao has agreed to our proposal, and global shipping can go to the port for inspection at any time!" Sundars said.
Wu Guangyao handed over the construction of the container terminal at Sing Tao Port to HSBC to publicize the Sing Tao Governor’s Mansion. After all, they are all British; while Global Shipping went to publicize the Chinese parliamentarians. Very powerful and can even check and balance the Governor.
"Oh, that's great! Our Global Shipping has long been affirmed by Senator Sing Tao. It seems that we are going to add two more container terminals!"
The port of Singapore 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 ship is reduced and landed, 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 after the 21st century.
The three pillar industries of shipping, terminal and aviation will make Universal Group a world-class company.
In November, the "Longde Garden" in Shenshuishe was opened for trading. This is the fourth high-rise community developed by Cheung Kong.
In the past two years, the number of unit buildings developed by Cheung Kong Holdings exceeded that of any other real estate company on Hong Kong Island;
Although there are only four projects, because they are all large-scale residential communities, they still dominate the number of residential units.
As the sales of the third phase of Zijin City are not as smooth as before, it took more than a month to sell about 50% of the houses;
So Wu Guangyao decided to sell the "Longde Garden" in Shenshuishe at a low price; all houses were sold at a 10% discount in order to quickly withdraw funds.
The effect is good, 500 sets were sold that day, accounting for 32% of the total!
Slightly better than the sales of ‘Zijin City Phase III’.
At this time, there is still a year before Wu Guangyao’s memory of house prices/land prices plummeted, so Wu Guangyao is also anxious, I am afraid that the three plots of land in the Central District will not be developed in time.
Because Yangtze River Industrial was too late to develop the three plots of land in the Central District, Wu Guangyao decided to sell the three plots of land.
Of course, there is no problem. At this time, funds from Southeast Asia and East Asia have come to Hong Kong Island to start a real estate business, and there are also a lot of funds in Europe and the United States.
Finally, three plots of land were sold to the Japanese consortium, the British consortium, and the French consortium. Cheung Kong Holdings received 29 million Hong Kong dollars in cash.
After these consortia bought the land, they might not be able to wait a year before the land price/housing price plummeted on Hong Kong Island. I don’t know what to think about then?
Of course, this is not to blame Wu Guangyao at all, because this is a normal business transaction.
However, this is indeed Wu Guangyao deliberately pitting these foreign investors, because Changjiang Industrial deliberately did not sell it to Chinese businessmen.
When these three pieces of land were bought, they only cost 3 million Hong Kong dollars; one can imagine to what extent the land prices and housing prices on Hong Kong Island have risen in recent years.
Changjiang Industrial invested less than 4 million yuan to purchase the land at the earliest, and the profits of the subsequent Lanwan Villas were also invested in the land purchase, which is equivalent to less than 8 million Hong Kong dollars for the land purchase.
8 million Hong Kong dollars purchased 8 plots of land and a property, 7 years later, the total value is more than 75 million Hong Kong dollars.
8 plots of land, Cheung Kong Industrial only had time to develop 5 plots, including four residential developments in Yau Tsim, Mong and Shenzhen, and a large commercial complex in the Yangtze River Center in Tsim Sha Tsui.
Four residential sites, with a conservative profit of 70 million Hong Kong dollars, plus the 29 million Hong Kong dollars sold for the three plots, Cheung Kong Holdings has exactly one billion Hong Kong dollars in capital.
The Yangtze River Center commercial complex needs to invest 70 million Hong Kong dollars, so there is still 30 million Hong Kong dollars on the account, waiting for the bottom hunting moment in 1958.
In fact, Wu Guangyao still has a lot of money in his hands, but he does not plan to invest all of it in the real estate industry.
Wu Guangyao Bank's deposits still have a full 25 million US dollars. 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 show up in the past few years.
For example, shipping, even if it will earn 380 million US dollars this time, global shipping will need to expand; 380 million US dollars is only enough to build a new ship of about 2.7 million tons, and this price can only choose Dongying Shipyard.
A 30,000-ton tanker is worth 5 million U.S. dollars (about 6 million U.S. dollars in Europe and America), which is enough to buy two to three six-story buildings in the Central District of Hong Kong Island.
It can be imagined that when the 1960s arrive, how many buildings Wu Guangyao will sail freely on the sea!
Neptune Kingdom, it’s not a joke!
In 1960, Wu Guangyao had 5 million tons of cargo ships/tankers, so naturally he would not be satisfied; then in the next ten years, he tried to expand the fleet to 18 million to 20 million tons in 1970; 7. In the 10s, we had to continue to expand and strive to reach 30 million tons by the end of the 1970s.
Then this fleet was worth about 5 billion U.S. dollars before 1980. At that time, Jardine and other British-owned foreign companies will still be Wu Guangyao’s opponent.
In fact, even in the 1960s, Wu Guangyao’s financial strength was enough to slap these British-owned foreign companies; but it was not the best time, so Wu Guangyao might just have a small confrontation with these foreign companies.
In the 1950s, Wu Guangyao had a small confrontation with three of the British-owned foreign firms; of course, because it was a small confrontation, the Hong Kong government did not favor anyone.
(End of this chapter)
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Chapter 265【Keep a Foreign Consortium】
At the end of October, the three countries of Britain, France, and Israel launched military operations against Egypt despite the condemnation of the international community; for a while, the price of shipping also 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 freight price at the end of October; not surprisingly, this price will last until May next year.
The 1.25 million tons of cargo/oil tankers invested by Global Shipping in Europe and the United States can run three times in six months according to a round trip in two months; if it happens, one more high-priced voyage can be taken.
So conservatively calculated, Global Shipping can reach 220 million U.S. dollars in revenue in Europe and the United States, and it can make a profit of 190 million U.S. dollars.
Global Shipping has invested 1.05 million tons of cargo/oil tankers in Dongying. It can run four times in six months; if it happens, it can also take another high-priced voyage.
Calculated conservatively, Global Shipping can earn 130 million U.S. dollars in revenue and make 110 million U.S. dollars in profit at Dongying.
In the three months from August to October this year, Global Shipping has already made a profit of 80 million U.S. dollars.
In other words, this opportunity will bring US$380 million to global shipping!
Global shipping can expand the fleet to 500 million US dollars before the advent of the 1960s, with a carrying capacity of up to 5 million tons;
In 1980, Bao Yugang, a later generation, had a fleet valued at more than US$2 billion; however, Global Shipping could have a fleet of US$500 million in 1960.
Horror!
"咚咚.咚咚"
"Boss, Mr. Sandus, please see you!"
Sang Dashi walked into Wu Guangyao's office, and the excitement on his face made no secret of it.
"Mr. Wu, the shipping price has risen so high, you can still sit on the Diaoyutai Island!"
Wu Guangyao teased: "Do you still want me to go on board and personally supervise the formation?"
Invited Sundars to sit down, Wu Guangyao's part-time secretary poured a cup of tea and placed it in front of Sundars.
Sundus also knew that he was too excited, so he picked up the teacup and tapped a few times to calm his mood.
"How long do you think this wave of market can last?" Sundars asked the most concerned question. Wu Guangyao's vision needless to say. 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 for a big profit!" Wu Guangyao said confidently.
Sundars has calmed down at this time. After all, for the past three months, he has been locked in the skyrocketing shipping prices; but when it soared to 60 US dollars a ton, he still couldn't control himself. The first thing he thought of coming to the world was to come to the world. Shipping is confirmed.
This matter is too important, as far as I am concerned, I have already caught a glimpse of the edge of the HSBC taipan;
For HSBC, by owning 22% of global shipping shares, this wave of profits belongs to HSBC, and I am afraid that it is HSBC’s profits for more than one year.
"The Governor of Sing Tao has agreed to our proposal, and global shipping can go to the port for inspection at any time!" Sundars said.
Wu Guangyao handed over the construction of the container terminal at Sing Tao Port to HSBC to publicize the Sing Tao Governor’s Mansion. After all, they are all British; while Global Shipping went to publicize the Chinese parliamentarians. Very powerful and can even check and balance the Governor.
"Oh, that's great! Our Global Shipping has long been affirmed by Senator Sing Tao. It seems that we are going to add two more container terminals!"
The port of Singapore 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 ship is reduced and landed, 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 after the 21st century.
The three pillar industries of shipping, terminal and aviation will make Universal Group a world-class company.
In November, the "Longde Garden" in Shenshuishe was opened for trading. This is the fourth high-rise community developed by Cheung Kong.
In the past two years, the number of unit buildings developed by Cheung Kong Holdings exceeded that of any other real estate company on Hong Kong Island;
Although there are only four projects, because they are all large-scale residential communities, they still dominate the number of residential units.
As the sales of the third phase of Zijin City are not as smooth as before, it took more than a month to sell about 50% of the houses;
So Wu Guangyao decided to sell the "Longde Garden" in Shenshuishe at a low price; all houses were sold at a 10% discount in order to quickly withdraw funds.
The effect is good, 500 sets were sold that day, accounting for 32% of the total!
Slightly better than the sales of ‘Zijin City Phase III’.
At this time, there is still a year before Wu Guangyao’s memory of house prices/land prices plummeted, so Wu Guangyao is also anxious, I am afraid that the three plots of land in the Central District will not be developed in time.
Because Yangtze River Industrial was too late to develop the three plots of land in the Central District, Wu Guangyao decided to sell the three plots of land.
Of course, there is no problem. At this time, funds from Southeast Asia and East Asia have come to Hong Kong Island to start a real estate business, and there are also a lot of funds in Europe and the United States.
Finally, three plots of land were sold to the Japanese consortium, the British consortium, and the French consortium. Cheung Kong Holdings received 29 million Hong Kong dollars in cash.
After these consortia bought the land, they might not be able to wait a year before the land price/housing price plummeted on Hong Kong Island. I don’t know what to think about then?
Of course, this is not to blame Wu Guangyao at all, because this is a normal business transaction.
However, this is indeed Wu Guangyao deliberately pitting these foreign investors, because Changjiang Industrial deliberately did not sell it to Chinese businessmen.
When these three pieces of land were bought, they only cost 3 million Hong Kong dollars; one can imagine to what extent the land prices and housing prices on Hong Kong Island have risen in recent years.
Changjiang Industrial invested less than 4 million yuan to purchase the land at the earliest, and the profits of the subsequent Lanwan Villas were also invested in the land purchase, which is equivalent to less than 8 million Hong Kong dollars for the land purchase.
8 million Hong Kong dollars purchased 8 plots of land and a property, 7 years later, the total value is more than 75 million Hong Kong dollars.
8 plots of land, Cheung Kong Industrial only had time to develop 5 plots, including four residential developments in Yau Tsim, Mong and Shenzhen, and a large commercial complex in the Yangtze River Center in Tsim Sha Tsui.
Four residential sites, with a conservative profit of 70 million Hong Kong dollars, plus the 29 million Hong Kong dollars sold for the three plots, Cheung Kong Holdings has exactly one billion Hong Kong dollars in capital.
The Yangtze River Center commercial complex needs to invest 70 million Hong Kong dollars, so there is still 30 million Hong Kong dollars on the account, waiting for the bottom hunting moment in 1958.
In fact, Wu Guangyao still has a lot of money in his hands, but he does not plan to invest all of it in the real estate industry.
Wu Guangyao Bank's deposits still have a full 25 million US dollars. 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 show up in the past few years.
For example, shipping, even if it will earn 380 million US dollars this time, global shipping will need to expand; 380 million US dollars is only enough to build a new ship of about 2.7 million tons, and this price can only choose Dongying Shipyard.
A 30,000-ton tanker is worth 5 million U.S. dollars (about 6 million U.S. dollars in Europe and America), which is enough to buy two to three six-story buildings in the Central District of Hong Kong Island.
It can be imagined that when the 1960s arrive, how many buildings Wu Guangyao will sail freely on the sea!
Neptune Kingdom, it’s not a joke!
In 1960, Wu Guangyao had 5 million tons of cargo ships/tankers, so naturally he would not be satisfied; then in the next ten years, he tried to expand the fleet to 18 million to 20 million tons in 1970; 7. In the 10s, we had to continue to expand and strive to reach 30 million tons by the end of the 1970s.
Then this fleet was worth about 5 billion U.S. dollars before 1980. At that time, Jardine and other British-owned foreign companies will still be Wu Guangyao’s opponent.
In fact, even in the 1960s, Wu Guangyao’s financial strength was enough to slap these British-owned foreign companies; but it was not the best time, so Wu Guangyao might just have a small confrontation with these foreign companies.
In the 1950s, Wu Guangyao had a small confrontation with three of the British-owned foreign firms; of course, because it was a small confrontation, the Hong Kong government did not favor anyone.
(End of this chapter)
Chapter 265Keep a Foreign ConsortiumAt the end of October, the three countries of Britain, France, and Israel launched military operations against Egypt despite the condemnation of the international community; for a while, the price of shipping also 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 freight price at the end of October; not surprisingly, this price will last until May next year.The 1.25 million tons of cargo/oil tankers invested by Global Shipping in Europe and the United States can run three times in six months according to a round trip in two months; if it happens, one more high-priced voyage can be taken.So conservatively calculated, Global Shipping can reach 220 million U.S. dollars in revenue in Europe and the United States, and it can make a profit of 190 million U.S. dollars.Global Shipping has invested 1.05 million tons of cargo/oil tankers in Dongying. It can run four times in six months; if it happens, it can also take another high-priced voyage.Calculated conservatively, Global Shipping can earn 130 million U.S. dollars in revenue and make 110 million U.S. dollars in profit at Dongying.In the three months from August to October this year, Global Shipping has already made a profit of 80 million U.S. dollars.In other words, this opportunity will bring US$380 million to global shipping!Global shipping can expand the fleet to 500 million US dollars before the advent of the 1960s, with a carrying capacity of up to 5 million tons;In 1980, Bao Yugang, a later generation, had a fleet valued at more than US$2 billion; however, Global Shipping could have a fleet of US$500 million in 1960.Horror!".""Boss, Mr. Sandus, please see you!"Sang Dashi walked into Wu Guangyao's office, and the excitement on his face made no secret of it."Mr. Wu, the shipping price has risen so high, you can still sit on the Diaoyutai Island!"Wu Guangyao teased: "Do you still want me to go on board and personally supervise the formation?"Invited Sundars to sit down, Wu Guangyao's part-time secretary poured a cup of tea and placed it in front of Sundars.Sundus also knew that he was too excited, so he picked up the teacup and tapped a few times to calm his mood."How long do you think this wave of market can last?" Sundars asked the most concerned question. Wu Guangyao's vision needless to say. 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 for a big profit!" Wu Guangyao said confidently.Sundars has calmed down at this time. After all, for the past three months, he has been locked in the skyrocketing shipping prices; but when it soared to 60 US dollars a ton, he still couldn't control himself. The first thing he thought of coming to the world was to come to the world. Shipping is confirmed.This matter is too important, as far as I am concerned, I have already caught a glimpse of the edge of the HSBC taipan;For HSBC, by owning 22% of global shipping shares, this wave of profits belongs to HSBC, and I am afraid that it is HSBC's profits for more than one year."The Governor of Sing Tao has agreed to our proposal, and global shipping can go to the port for inspection at any time!" Sundars said.Wu Guangyao handed over the construction of the container terminal at Sing Tao Port to HSBC to publicize the Sing Tao Governor's Mansion. After all, they are all British; while Global Shipping went to publicize the Chinese parliamentarians. Very powerful and can even check and balance the Governor."Oh, that's great! Our Global Shipping has long been affirmed by Senator Sing Tao. It seems that we are going to add two more container terminals!"The port of Singapore 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 ship is reduced and landed, 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 after the 21st century.The three pillar industries of shipping, terminal and aviation will make Universal Group a world-class company.In November, the "Longde Garden" in Shenshuishe was opened for trading. This is the fourth high-rise community developed by Cheung Kong.In the past two years, the number of unit buildings developed by Cheung Kong Holdings exceeded that of any other real estate company on Hong Kong Island;Although there are only four projects, because they are all large-scale residential communities, they still dominate the number of residential units.As the sales of the third phase of Zijin City are not as smooth as before, it took more than a month to sell about 50% of the houses;So Wu Guangyao decided to sell the "Longde Garden" in Shenshuishe at a low price; all houses were sold at a 10% discount in order to quickly withdraw funds.The effect is good, 500 sets were sold that day, accounting for 32% of the total!Slightly better than the sales of Zijin City Phase III'.At this time, there is still a year before Wu Guangyao's memory of house prices/land prices plummeted, so Wu Guangyao is also anxious, I am afraid that the three plots of land in the Central District will not be developed in time.Because Yangtze River Industrial was too late to develop the three plots of land in the Central District, Wu Guangyao decided to sell the three plots of land.Of course, there is no problem. At this time, funds from Southeast Asia and East Asia have come to Hong Kong Island to start a real estate business, and there are also a lot of funds in Europe and the United States.Finally, three plots of land were sold to the Japanese consortium, the British consortium, and the French consortium. Cheung Kong Holdings received 29 million Hong Kong dollars in cash.After these consortia bought the land, they might not be able to wait a year before the land price/housing price plummeted on Hong Kong Island. I don't know what to think about then?Of course, this is not to blame Wu Guangyao at all, because this is a normal business transaction.However, this is indeed Wu Guangyao deliberately pitting these foreign investors, because Changjiang Industrial deliberately did not sell it to Chinese businessmen.When these three pieces of land were bought, they only cost 3 million Hong Kong dollars; one can imagine to what extent the land prices and housing prices on Hong Kong Island have risen in recent years.Changjiang Industrial invested less than 4 million yuan to purchase the land at the earliest, and the profits of the subsequent Lanwan Villas were also invested in the land purchase, which is equivalent to less than 8 million Hong Kong dollars for the land purchase.8 million Hong Kong dollars purchased 8 plots of land and a property, 7 years later, the total value is more than 75 million Hong Kong dollars.8 plots of land, Cheung Kong Industrial only had time to develop 5 plots, including four residential developments in Yau Tsim, Mong and Shenzhen, and a large commercial complex in the Yangtze River Center in Tsim Sha Tsui.Four residential sites, with a conservative profit of 70 million Hong Kong dollars, plus the 29 million Hong Kong dollars sold for the three plots, Cheung Kong Holdings has exactly one billion Hong Kong dollars in capital.The Yangtze River Center commercial complex needs to invest 70 million Hong Kong dollars, so there is still 30 million Hong Kong dollars on the account, waiting for the bottom hunting moment in 1958.In fact, Wu Guangyao still has a lot of money in his hands, but he does not plan to invest all of it in the real estate industry.Wu Guangyao Bank's deposits still have a full 25 million US dollars. 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 show up in the past few years.For example, shipping, even if it will earn 380 million US dollars this time, global shipping will need to expand; 380 million US dollars is only enough to build a new ship of about 2.7 million tons, and this price can only choose Dongying Shipyard.A 30,000-ton tanker is worth 5 million U.S. dollars about 6 million U.S. dollars in Europe and America, which is enough to buy two to three six-story buildings in the Central District of Hong Kong Island.It can be imagined that when the 1960s arrive, how many buildings Wu Guangyao will sail freely on the sea!Neptune Kingdom, it's not a joke!In 1960, Wu Guangyao had 5 million tons of cargo ships/tankers, so naturally he would not be satisfied; then in the next ten years, he tried to expand the fleet to 18 million to 20 million tons in 1970; 7. In the 10s, we had to continue to expand and strive to reach 30 million tons by the end of the 1970s.Then this fleet was worth about 5 billion U.S. dollars before 1980. At that time, Jardine and other British-owned foreign companies will still be Wu Guangyao's opponent.In fact, even in the 1960s, Wu Guangyao's financial strength was enough to slap these British-owned foreign companies; but it was not the best time, so Wu Guangyao might just have a small confrontation with these foreign companies.In the 1950s, Wu Guangyao had a small confrontation with three of the British-owned foreign firms; of course, because it was a small confrontation, the Hong Kong government did not favor anyone.End of this chapter
