Chapter 40 Secret Meeting
To the east of Wan Chai and north of Causeway Bay, there was once a small island called Chili Island, which is one of the few natural islands on Victoria Harbor. In 19 years, due to the need to build an undersea tunnel, large-scale reclamation projects were carried out near it. The island disappeared from then on and became part of the Hong Kong Island.
There is a white building on Qili Island, which seems ordinary but actually has a secret. It is the famous Royal Hong Kong Yacht Club, which contains bars, cafes, restaurants, squash halls, billiards rooms, etc. Of course, more importantly, behind it, there is a very large pier, with various private yachts parked inside.
After 1997, this club also followed the trend of the times, removed the word "royal" and changed it to the Hong Kong Yacht Club, which was opened to the public. However, in 19RU, as a high-end elite club with a century-old history, it only accepted private members, and the conditions for joining the club were harsh.
As a mainlander who only knows how to do dogs, Shen Chong lacks interest in yachts. However, Bao Yugang, as the world's number one ship king, has hundreds of 10,000-ton ships. A yacht is a piece of cake. He is a jazz conferred by the Queen of England, and of course the membership is no problem.
The two met on the yacht under Bao Yugang's name. This is a three-story luxury yacht with more than 100 feet. The interior is decorated with oak and marble, and it is luxurious in a low-key manner. There are five double bedrooms with separate bathrooms, three living rooms in different styles, an open-style restaurant that can accommodate more than ten people to dine at the same time. There is also a swimming pool on the deck where you can hold parties, jet skis, diving facilities, fishing tools, and so on. There is nothing short of everything, which makes Shen Chong's rustling bun.
"Oh, today is an eye-opening." Chen Chong, wearing brown sunglasses, holding a glass with juice, sat on the semi-open living room sofa, enjoying the sunshine and sea breeze, and said: "If I had known that yachts were so fun, I shouldn't have bought a house in the United States, I should have bought this thing."
Bao Yugang has a wide forehead and a thick nose, and a round face. He can give people the impression of being honest and mature at first glance. He smiled and said, "If Mr. Chen is interested, I can introduce several European shipyards that make yachts."
"I can't afford to buy Sir Bao, I'm poor now." Chen Chong cried poorly. He put the glass at his feet, then looked up at Lantian, shook his neck gently, and said, "People say they are young and frivolous, I am a typical example. Some time ago, I spent money randomly, and now I'm almost bankrupt."
"Mr. Chen is a business genius. He is very rich and does not hold back. The goods are like the essence of the rotation." Bao Yugang held his lower abdomen with both hands, looking leisurely, as if he was enjoying the sea view. He said, "I will come back after all the money I spent a few days ago. After a while, I will naturally take back a hundred times."
"Contracting Sir Jiyan, I hope so."
"Mr. Chen, don't call me jazz anymore. Everyone is Chinese, and the titles given by British people are awkward."
"Then I'm not ashamed to be obedient." Chen Chong felt awkward, so he immediately changed his words and said: "Recently I saw a news that Dong Haoyun called the Gibson Ship Brokerage Company, saying that there was something wrong with the ranking of the world ship kings they built. Although Mr. Bao's fleet has 13UU million tonnage, 50 shares of Global Shipping belong to HSBC. Therefore, Mr. Bao personally owns only 00,000 tons of ships. He is the world's number one ship king. Is this true?"
"The fleet under Dong Haoyun's total is about dU,000 tons. If he is only considered an independent ship owner, he is indeed the world's number one." Bao Yugang had no intention of competing for fame at all, and still looked smiling and said, "But I am not optimistic about the shipping industry in the next few years. Now the Middle East is in chaos, oil prices are soaring, and transportation costs are too high. If you don't raise prices, you will definitely lose money. If you raise prices, you will offend old customers and your business is not easy to do.
"Mr. Bao is not interested in shipping, but others may not be the case. I heard that Defeng has been selling buildings and raising money to buy ships." Chen Chong looked at Wu Guangzheng, who was sitting on his right hand and silently, and said to Bao Yugang: "A few days ago, I heard that Dong Haoyun bought a giant tanker still under construction from the bankrupt Greeks. It was called the Sea Giant. After construction, the displacement was as high as 565,000 tons. It was erected higher than the Eiffel Tower in France and worth hundreds of millions of dollars."
"One of the three major ports in the world in Hong Kong, there are many people doing shipping business." Bao Yugang said slowly as if an old man was telling a story: "Zhao Congyan, the boss of Huaguang Shipping Industry, said in the 1950s that ships are assets that can move around. Putting funds on the ship is very flexible. Now, the Japanese offer a 10,000-ton oil tanker, the price of a 10,000-ton oil tanker is 70,000 U.S. dollars. If the shipping industry continues to be prosperous, Dong Haoyun will only use more than 100 million yuan to buy the Sea Giant, which is very profitable."
Bao Yugang, Dong Haoyun and Zhao Congyan are the three major ship kings in Hong Kong and are the focus of the media's hot speculation competition. Bao Yugang comes and goes and only praises others, not mentioning himself a word, and is calm and generous, which makes Chen Chong very impressed.
"Although I don't understand ships, I also feel that the shipping industry is in decline now." Shen Chong began to beat the side drum and said: "If you don't say anything else, the prospects for tankers alone are not good. After the Iranian revolution, oil output in the Middle East plummeted. The British were refining oil in the North Sea and Americans refining oil in the Gulf of Mexico, which are all short-distance oil routes, and large tankers are useless."
"Mr. Chen is very smart, and he can see the key point at a glance." Wu Guangzheng picked up the glass cup containing whiskey, greeted Chen Chong, and said, "If shipping declines, Mr. Chen thinks how should our Global Shipping Group deal with it?"
"Why should Mr. Wu deceive me?" Chen Chong bent down and picked up the glass, leaned forward, touched him gently, took a sip of the drink, and then said with a joke: "Mr. Bao, Zhizhu, is holding it, Mr. Wu is beautiful, so how can I get my fingers?"
"It is said that Mr. Chen is the number one talented man in Hong Kong, and he is well-known." Bao Yugang laughed and said, "It is said that three cobblers are better than Zhuge Liang, let alone Mr. Chen is a talented man. We want to hear your opinions."
Chen Chong no longer hid himself, put down his cup and said, "Abandon the boat and land in a shore, and survive in a desperate situation."
Wu Guangzheng immediately asked, "Where to get ashore?"
“Either Hutchison Whampoa or Land Group.”
"How about Hutchison Whampoa?" Wu Guangzheng stared at Chen Chong and asked word by word: "So what about Land?"
"Waterland, I don't need to interfere. I'll take a turtle in a jar, and I'll definitely get it." Chen Chong smiled and said, "If it's Land Group, it's not easy to do. Everyone knows that it's the heart of Jardine Whampoa. If you lose Hutchison Whampoa, Jardine Whampoa can still maintain it. If you lose Land Group, you will have no place to stand in Hong Kong."
"Mr. Chen said lightly, there is no sure thing in the world." Wu Guangzheng sighed and shook his head, saying: "Jardin Whampoa Company uses Jardin as its flagship, Land Land Group and Hutchison Whampoa as its two wings, holding the container storage terminal in one hand and the high-quality Central Real Estate in the other. Each one is a heartfelt. Jardin's Grand Ban Nübijian is not only a member of the board of directors of HSBC, but also a non-official MP of the Hong Kong Administration. It is no less difficult to grab the opportunity to get ashore from him than to seize food from the tiger's mouth."
"As far as I know, Mr. Bao's subsidiary Longfeng International already owns about 30% of the shares of Hutchison Whampoa, which is 10% more than Jardine Whampoa's foreign company." Chen Chong twisted his fingers and said, "If Jardine Whampoa wants to increase his holdings to 30%, it will cost at least 800 million Hong Kong dollars. I met Chen Bi, a senior member of HSBC yesterday. He said that the most preferential loan interest rate is 14 cents, 800 million Hong Kong dollars, and the interest rate alone is more than 100 million yuan per year. Jardine Whampoa's foreign company is now sluggish in profits and they cannot afford to borrow, so the two of them can win the absolute controlling stake in Hutchison Whampoa."
"Now the stock price of Hutchison Whampoa is as high as more than 70 Hong Kong dollars, and we can't afford it." Wu Guangzheng smiled bitterly and said, "Jiahu Foreign Traders have great business and have industries all over the world, and dozens of subsidiaries. Even if they can't afford to borrow money, they can cut their flesh and sell blood. Once we do it, they will follow up immediately. If the stock price rises and rises again and again, it's better not to land in Global Shipping. Yu Qian sank the ship and put it all in one."
"What a disgusting thing to say."
Bao Yugang's tone was not heavy, his voice was not high, but he was full of power. Wu Guangzheng immediately stopped his mouth and apologized: "Dad, I'm sorry, I shouldn't have spoken like this."
"Waterland is a dead end now, and no one dares to act rashly." Bao Yugang turned his head to look at Chen Chong, with a kind look and said, "Mr. Chen said just now that Land Group can also land. I don't know how to get there?"
"The stock price of Hutchison Whampoa is as high as HK$70, with a market value of more than RU billion. However, the stock price of Land Group, which has more asset value than it, is only about 5 billion, and the market value is less than 5 billion. Mr. Bao can let go of Hutchison Whampoa's stock and buy Land Group."
"Mr. Chen is really good at telling jokes." Bao Yugang's cultivation skills were excellent. Chen Chong was obviously perfunctory and did not make him angry. Instead, he said with a smile: "The current stock price of Land Group is indeed low, but once we buy it, it will soar immediately. In a short time, it will be another Hutchison Whampoa. If you don't make any contribution, you will also pay more unjustly to the exchange."
Chen Chong felt that it was almost tentative. He put away his hippie smiley expression and said seriously: "Sir Bao, to be honest, I don't like Yihe Foreign Company. If you can help me a favor, I am willing to help you break the deadlock in Hutchison Whampoa."
Bao Yugang turned slightly in the direction where he was sitting and said calmly: "What kind of help do Mr. Chen want me to help me."
"Jahwestern Foreign Company has been very disliked recently. Nvbijian is also a director of HSBC. It is not convenient for me to go to HSBC to borrow. Mr. Bao has a close relationship with HSBC and is an old friend of Mr. Chen Bi. I want to help me borrow money through you."
“How much do I borrow?”
"Hong Kong dollars a billion."
"So much?" Bao Yugang raised his thick eyebrows, pondered for a while, and said, "If the mortgage is fine, I can ask Chen Bi for you. I don't know what Mr. Chen is going to borrow so much money?"
"I'll go and smash Jardine Wong." Chen Chong smiled and said, "There is an old saying in China that the king is weak and the minister is strong, and the way to cause disaster is to cause disaster. The market value of Hutchison Wong exceeds RU billion, but the share price of its parent company Jardine Wong is less than 18 yuan, and the market value is only 4 billion yuan. This is unscientific, so I plan to attack it."
Chapter completed!