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Published at 25th of December 2023 05:08:30 AM


Chapter 598: 【Petroleum Futures Field】

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Chapter 598 [Oil Futures Field]

In early May 1978, Tin Shuiwei Industrial Park.

A group of people are walking on a clean, brand-new, wide concrete road, with brand-new and orderly industrial plants on both sides;

The clothing of this group of people is divided into two types: a suit and leather shoes, and a gray Chinese mountain suit.

The party in the suit and shoes is Wu Guangyao and the management of its subsidiaries, and the party in the gray Zhongshan suit is the economic investigation team to Hong Kong and Macau.

In the first half of 1978, the mainland sent a total of four expedition teams to overseas;

The first group will conduct study visits to Yugoslavia and Romania, with the focus on Yugoslavia;

The second group is the "China Economic Delegation" to Japan;

The third group is the "Hong Kong and Macao Economic and Trade Investigation Team" by the Planning Commission and the Ministry of Foreign Trade of Team Leader Duan and Deputy Team Leader Fang;

The fourth group is the "China Government Economic Delegation" led by the deputy minister to inspect five countries in Western Europe.

Under the arrangement of the Hong Kong and Macao Work Committee, the third inspection team went to Hong Kong and Macao to conduct field investigations on factories, farms, companies, construction sites, ports, fresh markets and shops. The new town of Tin Shuiwei is a place specially recommended by the Hong Kong and Macao Work Committee.

Tin Shui Wai New Town on Hong Kong Island is known as the ‘Three Days One Change’ and the ‘Silicon Valley of Hong Kong’. After three years of construction, the infrastructure has been improved. It is expected that in early 1979, factories will gradually move into the new town of Tin Shui Wai.

The leader of the inspection team withdrew his shock, admiration, and complicated eyes, and turned to Wu Guangyao beside him;

The leader of section    said: "Mr. Wu, such a huge project, built in a deserted place, are you not afraid of losing money?"

Wu Guangyao said with a smile: "Plant the sycamore tree and attract the golden phoenix! Leader Duan, the industrial parks in the world were all built in desolate places at the beginning; in two or three years, you will find that after you come and inspect, This has become a high-tech industrial park, and the living area has become a modern metropolitan area."

Wu Guangyao's whole body is full of self-confidence. What shocked the inspection team is that the people around Wu Guangyao also showed a confident smile!

It seems that everyone has foreseen success!

Next, the inspection team asked a lot about the Tin Shuiwei Industrial Park, and Rong Bensheng answered their questions.

Central, 55th floor of Cheung Kong Building, the ‘Guangyao Family Office’ is holding a top-secret meeting.

Only Wu Guangyao, Morse, Robertson, Peter Lynch, Liu Yu, and Wu Xianyi attended the meeting. From this lineup, it can be seen that this is a financial meeting, and the level is very high.

Morse is the CEO of ‘Guangyao Family Office’, and Robertson, Peter Lynch and Liu Yu are the three financial carriages of the Wu family;

As for Wu Xianyi, that is Wu Guangyao’s son and the head of the future Wu family financial group.

Wu Guangyao took the first place, and everyone looked at this leader with respect and admiration!

Not much gossip, Wu Guangyao went straight to the subject: "President Morse, report on the funds I can use!"

Morse not only masters the ‘Guangyao Family Office’, but also Wu Guangyao’s personal financial adviser, who knows Wu Guangyao’s financial situation best.

"BOSS, your current personal working capital is 1.8 billion U.S. dollars, and your family office’s working capital is 200 million U.S. dollars. Your Lenovo Group shares have been mortgaged and the loan is used to invest in properties in Tokyo; you have several properties on Hong Kong Island. Mortgage is not recommended. These companies need to provide a steady stream of funds for your Tin Shui Wai New Town Project; if you still need funds, you can use gold spot as collateral to make loans from several banks in the UK and Switzerland, or you can use Starlight Hotel Manage mortgages for loans"

Wu Guangyao nodded, Morse’s analysis is very reasonable!

Currently, Wu Guangyao and his family’s large investment projects include:

Gold spot/futures, the initial investment amount is 5 billion U.S. dollars, and it has now appreciated to 7.5 billion U.S. dollars; it is estimated that by 1980, this capital will reach 30 billion U.S. dollars.

In the US securities industry, the initial investment amount was US$2 billion, and it has now appreciated to US$5.5 billion. However, these stock investments have a long period of time, and they are also indefinite investments belonging to the Guangyao Family Office; this amount of funds has reached 20. In the first century, the conservative market value will reach more than 350 billion U.S. dollars.

The property in Tokyo and the securities industry in Japan. The capital is 5 billion U.S. dollars and is secured by Lenovo Group shares. The investment has not yet been completed and is operated by the family office; it is expected that by 1989, the capital will rise to 35 billion. Around US dollars.

The rest of the investment, which is US$2 billion, is scattered around the world. The investment projects are also varied and executed by the family office.

Wu Guangyao nodded, and said, “I’m calling you here this time. I have analyzed one thing. Let me tell you all! The Iranian regime is unstable!”

Not only the instability of the Iranian regime, but also the subsequent Iran-Iraq war;

Two incidents pushed up the price of oil from 13 US dollars per barrel to 34 US dollars per barrel in 1980.

As soon as Wu Guangyao's voice fell, everyone's faces were full of incredible!

The boss will never come from nowhere, but is very sure that he will call everyone!

As for believe it or not, everyone has no doubt in their hearts. Is the boss predicting few things?

Morse said: "The boss meant that'oil' is going to rise?"

Everyone has already thought of this. The pro-US regime of Iran has always been a major oil producer. Once this country's political power is unstable, the world will definitely experience another oil crisis.

Wu Guangyao nodded and said: "That's right! So we are calling you to plan that in the next few months, we need to enter the oil futures field. With this 2 billion US dollars of liquidity, one billion US dollars will be used to use five times leverage. Other funds are used as preparedness funds, depending on the situation!"

Morse nodded and added: "Then Robertson is in charge of the US business, Peter Lynch is in charge of London, and Liu Yu goes to Zurich! Xian Yi and Liu Yu go to Zurich. After all, Liu Yu has Everbright Securities to take care of, so you two Someone is in charge of Zurich business!"

Wu Xianyi, who was the first director, looked a little excited, and suppressed forcefully!

Wu Guangyao smiled in his heart, his son’s excitement was in Wu Guangyao’s eyes, just like a child found a new toy;

For Wu Guangyao, this funding is irrelevant!

Wu Guangyao knows that many big things are about to happen, but he will not be desperate because he does not want to be too famous and he is wary of the market.

Behind futures such as gold and oil, there are big market makers, that is, old families and consortia.

Compared with these families, the foundation of the Wu family is still too shallow to be compared, so it is very necessary to stay vigilant.

Using 5 times leverage for 1 billion U.S. dollars, the scale of 5 billion U.S. dollars, divided into three places, relatively reduced the impact;

In this historical torrent, no matter how big a family is, they can’t turn their hands for the cloud and turn their hands for the rain, so it's a steady profit!

(End of this chapter)




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