I Want To Be a Rich Man on Hong Kong Island

  Chapter 545 [Savior! 】

  One day in early November, the ‘Guangyao Family Office’ announced the acquisition information in major newspapers: it will acquire no more than 40 million shares of Hongkong Electric Co., Ltd. at a price of 9 yuan per share, and the deadline will end at the end of November.

  The news comes out, and Hong Kong is excited!

  Without him, the ‘Guangyao Family Office’ at this time is like playing the savior, rescuing the stockholders who are locked up by stocks;

   To put it simply, it's like the mainland stock market disaster in the previous life, the national team entering the field.

  Sure enough, the market reacted fiercely that day, and the Hang Seng Index soared by 6 points;

  As a blue chip stock in the Hang Seng Index, the Hong Kong Electric Company’s stock has also risen by 20%, and the stock price is exactly 9 Hong Kong dollars per share.

  However, based on Wu Guangyao’s acquisition of the company, the stock price is generally not driven wildly;

  In addition, the stock market is a super bear market at this time, and the big plunge encounters the oil crisis, which has been hit by a double blow;

  So, the popularity will not be very high!

  On the contrary, the term ‘Glory Family Office’ first appeared in the eyes of the people of Hong Kong Island and aroused widespread discussion.

  Victoria Harbour, two yachts sailing on the wide sea;

  The people on the yacht are Wu Guangyao, Bao Yugang, Dong Yunhao, Zhao Congyan, Cao Yunjin and others;

  After hearing about the "Guangyao Family Office", everyone called Wu Guangyao to ask for advice on how this family office works!

  Wu Guangyao thought about how many people hadn’t got together for a long time, so he arranged them on his yacht.

  Blue sky and white clouds, the sea is calm and calm;

  Everyone was on the deck, enjoying food and wine, while watching the bustling Victoria Harbour.

  In business, several people do have a commercial competitive relationship;

  But that is all competition in the company, and the relationship between a few people in private is not bad.

  What's more, several people have certain origins;

  When Wu Guangyao and Bao Yugang entered shipping, they both consulted their predecessors, Dong Yunhao, who also generously imparted shipping knowledge;

  Wu Guangyao once brought Bao Yugang, and during the Korean War, he lent money to Bao Yugang to purchase foreign trade materials, which greatly increased Bao Yugang’s career;

  Bao Yugang and Zhao Congyan are also very good friends in private;

  So, everyone can still sit together, chat, and talk about career.

  This kind of relationship is a bit like that of Li Chaoren, Li Zhaoji, and Zheng Yutong. Everyone can compete, but they are also friends in private.

  The impact of the oil crisis on the shipping industry is also great, and it is not a good thing;

  So it is necessary for everyone to gather together to discuss the shipping situation!

   "Guangyao, tell us how that family office works!" Dong Yunhao said impatiently.

  Everyone is very curious about the ‘family office’ because everyone has small assets. Even if they don’t use it now, they may use it in the future.

  After Wu Guangyao explained to everyone, when everyone heard about the high operating cost of the family office, they gave up the idea one after another;

  For the hard-earned money every year, half of the operating expenses of the family office can be spent. Then play a P!

  Indeed, the hundreds of employees of ‘Guangyao Family Office’ are all senior talents, even top talents;

  Even an ordinary employee who goes to work in other companies can at least be a middle-level employee;

  Just paying these wages requires tens of millions of Hong Kong dollars every year.

  Of course, after the establishment of a family office, various advantages come with it;

  For example, this time when the oil is dumped, the advantages of the family office will be fully utilized, and Wu Guangyao contacted the people.

"Independent family offices are really expensive to operate. There are still several families in the West that set up family offices together; save a little bit, you can also choose trusts and the like; there is an old saying in China that "we are not rich for three generations", while in the West The family relies on the family office, fund company, trust company, let alone three generations, it is easy to get rich for 300 years."

  Wu Guangyao's words, everyone nodded, and they had their own thoughts!

  Bao Yu is just okay. After all, there are only four daughters, so I am afraid that I have to pick up my property for outsiders.

  Next, Bao Yugang asked curiously: "Guangyao, what did you do when you rented a tanker from us this time?"

  Wu Guangyao said with a smile: "Some oil has been emptied!"

   Suddenly, all the "Ship Kings" looked at Wu Guangyao, and Wu Guangyao looked a little hairy;

   "Pump oil, don't you pour ten million tons of oil?" Dong Yunhao said incredulously.

  Because everyone knows that Wu Guangyao’s ship conservatively has a deadweight of 1,500 tons;

  This time, he leased several million tons of oil tankers from the shipowner on Hong Kong Island;

  So everyone’s first reaction was that Wu Guangyao shed tens of millions of tons of oil;

  Now that oil has skyrocketed several times, the amount of money earned is probably an astronomical figure.

  Wu Guangyao nodded and said, “Well! I have tens of millions of tons of oil in my hands. I am currently looking for buyers in Europe and the United States.”

  After everyone got the affirmative answer, they all calculated in their hearts, how much did Wu Guangyao make?

  The conclusion is that everyone can't help but feel a sense of frustration;

  I’ve worked so hard to expand the size of the fleet, not as much as others can earn by dumping oil at once.

  At this time, if Hong Kong Island ranks on the rich list, Wu Guangyao will naturally be the number one deserved;

  The second place is naturally Bao Yugang. This year, American magazines estimated Bao Yugang to be about 400 million US dollars;

  In the original history, Bao Yugang’s net worth was US$1 billion this year, and he was ‘robbed’ by Wu Guangyao by 60%;

  And Wu Guangyao also robbed a large amount of business from Europe, America, Japan and other countries. Even Dong Haoyun, who is from Taiwan, was also robbed of 50% of the business by Wu Guangyao.

  Everyone is still in a state of surprise, Wu Guangyao also said: "After this time, Global Group may gradually reduce oil tankers!"

  This can’t be hidden. Selling the ship will definitely reveal the news. It’s better to say it generously!

   "Why?" Dong Yunhao asked urgently.

Wu Guangyao explained: "The shipping trend is expected to weaken, coupled with the rapid increase in labor wages on Hong Kong Island (1,100 Hong Kong dollars per capita, 2200 Hong Kong dollars per seafarer); most importantly, the volume of global shipping is too large and it needs to be slim. To maintain the company’s ability to withstand risks."

Feeling that such a reminder is not enough, Wu Guangyao directly said to Dong Yunhao: "Old Dong, I know you are a great shipping friend, but I remind you that you must control borrowing. The same is true of real estate. A small amount of borrowing can be used by the company. Cold winter; too much borrowing, that only falls at dawn."

  Dong Yunhao may not listen to others’ words, but Wu Guangyao’s words, he can always listen;

Therefore, Dong Yunhao nodded and said: "I will seriously consider it! To be honest, last time you asked us to buy gold, although I approved your analysis, I only bought 20 million Hong Kong dollars in gold. Now the price of gold It has risen to US$100 per ounce, a full increase of more than twice, and I regret buying less when I think about it!"

   Wu Guangyao said: "I expect gold to be sold almost next year. The $140 per ounce should be almost a high point. After that, it should be adjusted back before counterattack."

  In fact, the highest record of gold price in 1974 was US$200 per ounce, but this US$200 was just a flash in the pan. The truly stable price was US$180 per ounce, which lasted more than three months.

  As the saying goes, the grace of dripping water should be reported by the spring;

  Wu Guangyao is practicing this, of course, he did not tell the truth all the time, and deliberately lowered the price estimate.

  For Dong Yunhao, Wu Guangyao is still trying his best to help, and Wu Guangyao also intends to support Dong's eldest son to ascend the throne of the Governor of Hong Kong.

  As for the ships sold by Global Shipping, Bao Yugang and Dong Yunhao are not necessarily interested;

  Because the carrying capacity of these ships is too small, the operating costs are high;

  And the two of them now are not what they used to be. Both of them like to build new ships and big ships.

  However, Cao Yunjin is very interested. After all, Cao has joint shipping companies in Southeast Asia, Thailand and Malaysia;

  And Southeast Asia is not rich, so it would be nice to have oil tankers!

  (End of this chapter)