I Want To Be a Rich Man on Hong Kong Island

  Chapter 572 [Good news again and again]

  Hutchison Headquarters

  Welly is reporting to Wu Guangyao with a smile, the original international gold price has climbed to 180 US dollars per ounce.

  Wu Guangyao said with a smile: "Just take it when you see it, and sell all the gold held by Hutchison Holdings, without leaving a gram!"

  Wei Li smiled, and then reacted after a while, and said: "Boss, gold is rising at a high speed, do you want to wait until 200 US dollars per ounce to sell!"

  Wu Guangyao did not fight together, and yelled: "Fuzzy! How did Qi Dezun lose Hutchison, have you forgotten it?"

  Wellie suddenly became embarrassed, thinking of his predecessor, Hutchison chief executive Qi De Zun;

  The higher the Hang Seng Index, the more capital is added, and the crazier the performance;

  In the end, the entire Hutchison Bank had problems, and he lost his status as a major shareholder of Hutchison Bank.

  Wei Li said honestly: "I was blinded by profit and forgot the risk of investment!"

  Wu Guangyao nodded and said, “No matter if gold still rises or not, or how much it rises, we will all sell; Hutchison Holdings is a diversified group company, but it is not a financial company. Remember!”

  Hutchison Bank owns 150 million Hong Kong dollars in gold, and the purchase cost is 145 US dollars per ounce, which has now risen to 182 US dollars per ounce;

  In just four months, there was a 25% increase, and the money came in quite quickly!

   "Well, boss, I remember!" Wei Li said convincingly.

  It is true that if you sell the gold, you can recover 180 million Hong Kong dollars of funds for industrial investment, and you can still make a lot of money.

  "This year, Hutchison Whampoa should be able to turn losses into profits, right?" Wu Guangyao asked.

  Hutchison had some loss-making companies, all of which were sold and dissolved, so the source of the loss was resolved;

  Next, Hutchison Holdings dropped short-term investments when the Hang Seng Index was more than 500 points;

  In the original history, this investment was discarded at around 300 points in the Hang Seng Index in 1975;

  So, a lot of losses have been reduced;

  Finally, it is natural that this gold investment has brought 30 million Hong Kong dollars in profits, which can be said to ease the financial situation even more.

  Wei Li smiled again and said: "Well, there should be no loss this year! All this is thanks to the implementation of the boss's multiple policies!"

  Wu Guangyao waved his hand and said, “It’s everyone’s efforts! However, I finally feel relieved; I gave shareholders a two-year military order. I didn’t expect to complete this task in just half a year.”

  Wei Li is also very happy, because Wu Guangyao promised him that he would give him 1% of the net profit of Hutchison Holdings every year;

  Of course, this has a time limit, that is, since he took office, he can enjoy 1% of net profit for five years;

  If he loses money, he will naturally only have a basic salary!

Wei Li seemed to have thought of something and said, "Yes, boss! Hutchison Foreign Investment's current achievements are closely related to you. Therefore, our management also discussed it and thought that you should take at least 3%. Net profit reward!"

  Wu Guangyao was taken aback. He hadn’t heard of it for a long time. There is a company that wants to pay him salary and rewards;

  Because Wu Guangyao has never received a penny of salary or reward in any company;

  Including public companies such as China Pakistan and China Gas;

  Although he brought them up by himself, Wu Guangyao never took a penny from the company;

  At this point, Wu Guangyao has always adhered to this principle;

  Because he is a major shareholder, he enjoys dividends;

  If you go to get salary and rewards, it is obviously a bit bad.

  Of course, it’s not that you shouldn’t take it;

  Even if Wu Guangyao took it, no one would make trouble.

  Wu Guangyao remembered that Liu from his previous life liked to take this kind of money. After entering a company, he could take it and take it;

  Like Li Chaoren in his previous life, he is relatively clean, and basically won't get the company's salary.

  Wu Guangyao didn't learn from Superman Li, but he didn't care about the money at all.

  Wu Guangyao waved his hand and said: "No! I have never had the habit of taking the company's salary. Since I am a major shareholder, I have an obligation to lead the company's development."

  Wei Li did not insist, everyone has their own rules of conduct;

  I work part-time, even if the board of directors gives me more, I can digest it!

  If you have money, you naturally have to consider spending money;

Therefore, Wu Guangyao said: "From now on, Hutchison Real Estate will strengthen the development of real estate, and the recovery of real estate will be only one or two years later. However, the Whampoa Dock in Hung Hom and Kwan Yicang in North Point are these two large plots of land. Don't think about it for now."

  Wei Li naturally knows that these two pieces of land are equivalent to the boss’s heart;

  How to develop is not yet the turn of Hutchison management to make a decision.

  Hutchison Real Estate Co., Ltd. (Hutchison Real Estate) was incorporated in March 1971. It is a wholly-owned subsidiary of Hutchison International and became a listed company shortly after the public offering.

  Hutchison Properties immediately purchased the main properties of Hutchison International and its affiliated trading companies, including warehouses, industrial buildings, multi-storey warehouses and office buildings in North Point—Watsons Building, and a number of high-quality high-end residential buildings and houses.

  So, Hutchison Real Estate does not lack land for development!

  Even, in addition to the large land in Hung Hom, the original Huangpu Dockyard has many other small and medium-sized land;

  The same is true for the established company Junyicang.

  Wei thought about it, and said, "Boss, since you have met the recovery of Hong Kong real estate, how many plots of land are suitable for development at Hutchison Real Estate?"

"Tell me!"

  For real estate projects, Wu Guangyao has always been very enthusiastic.

  Wei Li said: “The land in Kwai Chung can be used to develop an important project to build two 20-storey residential buildings and two commercial properties.”

  Finally, Wu Guangyao affirmed Wei Li’s real estate development project;

  However, Wei Li was also urged to pay attention to controlling the progress of real estate development;

  At least in 1976, after the recovery of the real estate, it can slowly sell.

  International gold has risen to US$182 per ounce in November;

  Wu Guangyao's seven-year gold spot project has finally reached the harvest season.

  For this reason, Wu Guangyao gave orders to sell gold to the banks in Britain and Switzerland;

  And Hong Kong also used the free gold market and some international gold merchants to sell the gold in their hands.

  Wu Guangyao calculated it, the cost of his own purchase was 1 billion US dollars;

  After the shot, it is expected to become 4 billion U.S. dollars to 4.5 billion U.S. dollars;

  So, this investment has a profit of at least 3 billion U.S. dollars.

  As for the issue of so many gold shots, Wu Guangyao does not need to worry at all. International gold merchants expressed a ‘small meaning’.

  Wu Guangyao remembers that in 1978, the United States wanted to sell a large amount of gold to suppress the price of gold;

  As a result, how much gold the U.S. government took out was quickly eaten by mysterious buyers;

  In the end, the U.S. government felt scared and quickly covered up the gold in the treasury;

  If you continue to do it, a country’s gold reserves will be ruined!

  It can be imagined how big the capital of the world's gold merchants is!

  In mid-November, Wu Guangyao came to an industrial building in Hung Hom.

  "Boss, all the equipment is debugged and ready for production!"

  Speaking is the president of Xiaomi Electronics-Qiu Yi, who originally worked for Lenovo Electronics and is an authentic Hongkonger;

  And Xiaomi Electronics is a new electronics company jointly established by Wu Guangyao and Lenovo Electronics in July;

  Wu Guangyao personally owns 80% of the shares, and Lenovo Electronics owns 20% of the shares;

  The current business of Xiaomi Electronics is to produce and develop semiconductor components-diodes, and supply semiconductor components to Sony and Lenovo, becoming a downstream company.

  Wu Guangyao nodded, and said: “At the Chinese University, I have already said hello and asked them to arrange students to come to Xiaomi Electronics for internships. You can do a good job on this side.”

  Qiu Yi couldn't help but feel admiration. This boss trains hundreds of electronic engineering talents every year;

  Importantly, the boss has also managed to arrange employment.

  Although the electronics industry on Hong Kong Island is still in its infancy, Qiu Yi believes that a single spark can start a prairie fire;

  With a Hong Kong Islander like the boss, the future of Hong Kong's electronics industry can be expected!

Qiu Yi said: "Okay! Although we are a start-up company, we have a large number of engineers. I believe we will soon be able to train a large number of professional talents. However, currently our diode production lines are purchased from Japan; simple; In other words, we still belong to only one processing and manufacturing company; therefore, boss, I suggest that we should enter the upstream industry's R&D and manufacturing at the same time."

  Wu Guangyao pondered for a moment, and then said: “There is no need to enter the upstream industry, Xiaomi Electronics’ direction must be semiconductors; if we have the strength, we can develop memory and integrated circuits. Enter the more advanced semiconductor industry.”

  The original intention of Xiaomi Electronics was to cultivate deeply in the semiconductor field;

  Wu Guangyao will not let Xiaomi Electronics enter the field of electronic products before achieving results.

   "I see, boss!"

  (End of this chapter)