I Want To Be a Rich Man on Hong Kong Island

  Chapter 491 [Showing good Sandus]

  The facts are as expected by Wu Guangyao. When the franchise application for the air freight station was submitted to the Hong Kong government, someone from the Hong Kong government immediately informed Jardine Matheson;

  Finally, Jardine Matheson also joined in and became a shareholder of the air freight station;

  Of course, as the initiator of this incident and the most powerful company, Universal Group owns 40% of the shares.

  Air freight station building is expected to be completed in 18 months, and the air freight station is expected to be officially opened in two years!

   News from the United States also came that Boeing had designated Island Airlines as one of the Boeing aircraft maintenance fleet;

  Of course, this does not bring substantial profits, it is just a name!

  However, even if it is a name, Cathay Pacific will not give up following. I am afraid that Cathay Pacific will negotiate with Boeing in the United States.

  Universal Building, group meeting room.

  The directors of HSBC in the Global Group are Sundace and Shen Bi, and the two participated in the group meeting;

  HSBC has always pursued that it does not participate in the specific operations of the Global Group, but only supervises the financial status of the Global Group and enjoys dividends. Because of this, Wu Guangyao believes that the success of HSBC on Hong Kong Island is not accidental.

From the experience of HSBC in the previous life, the two big classes of HSBC, Sandus and Shen Bi, have one thing in common, that is, whether Chinese-owned or British-owned, HSBC only looks at profits and only helps those who can bring them profits. People and companies.

  "A bank is not a political institution, not a national fortress, nor a charity. A bank is a bank." Shen Bi, a past life, often taught radical employees.

  Shen Bi’s point of view is undoubtedly similar to the Chinese businessmen’s saying of "business in business"!

  Sundus and Shen Bi’s views even affected most of HSBC’s management;

An HSBC supervisor in the previous life also said: "Two ships, one of the compatriots and one of the foreigners; the compatriot’s boat is sailing in the stormy waves, and the foreigner’s boat is in the calm waters; then HSBC Bank , It must be to fund that safer ship to continue sailing!"

  Probably because of this, the HSBC in the past life is not a little bit more successful than Jardine Bank!

  Jihe International Co., Ltd., but after 1984, it took a lot of money away, which caused a very bad impact on Hong Kong Island;

  Because everyone imitated one after another, they moved their companies to offshore locations for registration.

   "Let's start the meeting!" Wu Guangyao said.

  A group of people gathered their minds. The Universal Group is a world-wide large company, no matter its scale or influence, it is very large;

   Shipping and ports are undoubtedly the most successful investments so far. If shipping may still be in crisis, then the 39 ports of Global Group are undoubtedly a huge asset.

  He Yuanzhang, as the president of the group, first said: “Although the shipping industry is still hot at present, the profitability of global shipping is beginning to decline gradually. It is worth our vigilance!”

  Sundus asked, “Is the profit decline due to the fact that more and more ships are launched into the water, which leads to lower freight rates?”

He Yuanzhang nodded and said: "Not only that, after the freight rate is lowered, as our competitors start to increase, we also need to adjust the preferential rate, otherwise it will be difficult to guarantee the business! And the labor wages on Hong Kong Island have risen too fast, which will also lead to profits. The reason for the decline."

  In fact, as He Yuanzhang said, Wu Guangyao had foreseen it a long time ago;

  In July 1967, the Suez Canal was closed. At that time, the oil tanker business in the world was absolutely in short supply. It can be said that about 40% of the transportation volume is scarce;

  It is precisely because of this that global shipping can make a fortune;

  At that time, the ships of global shipping had a deadweight of 17 million tons, which was only achieved by Bao Yugang in his previous life in 1978;

  Because of this, Wu Guangyao can be said to have made several times more shipping money than Bao Yugang in his previous life.

  Now that new ships have been launched, global shipping naturally needs to adjust the charging standards, so the profit may be relatively reduced;

  But it will not hurt the bones, because the Suez Canal is still closed, and the oil tankers are still in a balanced number;

  The time when the real muscles and bones were broken was the occurrence of the ‘oil crisis’ in 1973, prompting European and American countries to open up their own oil fields, and Japan had accumulated a large amount of oil within half a year, and demand naturally fell afterwards.

  Wu Guangyao said: “How much is the profit this year expected to decrease?”

   Gao Ke said, "About 10%!"

  Wu Guangyao and Sundashi and others breathed a sigh of relief at the same time. Although the profit was reduced by 10% and there was a sufficient amount of more than 100 million US dollars, everyone was very acceptable;

  Many companies have reduced their profits, but they are all reduced by 30%, which is terrible!

Wu Guangyao pondered for a moment and said, "Well, this year's Global Group's profit is about 1.15 billion U.S. dollars, with 800 million U.S. dollars in shareholder dividends. The rest of the funds are used to invest in ports and other investments, which is regarded as a long-term investment. I am. Don’t hope that when shipping is cooling down, the strength of the Global Group will be greatly reduced, then port investment is undoubtedly a good choice!"

  Wu Guangyao's words naturally no one will object, even HSBC!

  Next, Li Ming, president of Global Terminals, proposed to install computer systems in important port container terminals to improve the competitiveness of local ports;

  This requirement has naturally passed!

  The recent series of actions by Wu Guangyao also gave Sundarsh ​​some guesses, so after the meeting, Sundarsh ​​came to Wu Guangyao's office.

  "You are worried about changes in shipping, so you have recently started investing wildly?" Sundas asked curiously.

   "Don't worry! Even if there are changes, it will not be the shipping depression." Wu Guangyao said.

  Sundus nodded. This can be analyzed by financial professionals. At least 5 to 10 years will not be the shipping season of the Great Depression.

  Wu Guangyao joked: "You made so much profit for HSBC, and HSBC didn't reward you with any shares. Don't you have any thoughts in your heart?"

  Sang Dashi was taken aback, but he did not rush to deny Wu Guangyao's statement!

For a long time, Sundars said, "Although there is no reward for the shares, the annual bonus is 5 million Hong Kong dollars. I used to buy some shares of HSBC. Although the shares I bought are not many, it can be regarded as a thought after I retired. , And I am also firmly optimistic about HSBC's future!"

Wu Guangyao narrowed his mouth and said directly: "HSBC is really stingy. If it weren't for you, maybe HSBC and I would not have such a deep cooperation, so how come there are hundreds of millions of dollars in dividends every year! 5 million Hong Kong dollars, although it looks pretty good. Many, it’s actually less than 1%."

  Sundus said helplessly: “It can’t be said that HSBC is a very dispersed company with no substantive boss, and Taipan is the person with the highest authority. If I am dissatisfied, who should I be dissatisfied with?”

  Wu Guangyao said with a smile: "Don't tell me these truths, I haven't worked for others, and I don't understand your feelings!"

   Wu Guangyao went on to say: "After you retire, you should live in the UK?"

  Sundus nodded, and said, "I want to go back to England and live a rural life with my family!"

  Wu Guangyao's heart is slumped, the ideal life of shit!

"Pastoral life is only suitable for an occasional experience, or city life is convenient! If you retire, I hope you will serve as a staff adviser; of course, it is the kind of staff who does not need to go to work. You can choose to live anywhere. Just participate in some activities occasionally!" Wu Guangyao said.

  Sundus was taken aback, hesitated for a moment and said, "I will talk about it when I retire!"

  Wu Guangyao was overjoyed, Sundarshi did not refuse, indicating that he was still moved;

  This trick, Wu Guangyao's plan is to strengthen the alliance relationship with HSBC, and HSBC Taipan is undoubtedly a good choice!

  In fact, Wu Guangyao and HSBC also have a competitive relationship, that is, Everbright Bank, Hang Seng Bank and HSBC;

  However, because of these years, Wu Guangyao did not deliberately develop the banking industry;

  Furthermore, HSBC’s position on Hong Kong Island is indeed difficult to shake. It is not only the right to issue notes, but also a credibility issue;

  And because HSBC has made a lot of money from global shipping in recent years, it has begun to expand in Europe and the United States, and is preparing to build a global bank. Naturally, it will not compete with the banking industry on Hong Kong Island.

  HSBC's reputation on Hong Kong Island is indeed good. Wu Guangyao has to admire this!

  Several times, people just don’t run HSBC;

  Because HSBC strictly abides by the Western banking system and HSBC has been operating for many years, there are very few things that affect its reputation;

  The eyes of citizens are sharp, and China Everbright Bank has a long way to go!

  Of course, the commercial banks of the Wu family are developing slowly;

  As for investment banking, Wu Guangyao has a lot of experience to make it develop rapidly!

  (End of this chapter)