I Want To Be a Rich Man on Hong Kong Island

  Chapter 660 【U.S. Dollar and Gold】

   "Father, this is the blueprint for the design of the bus terminal plot!" Wu Xianshuo walked into Wu Guangyao's office and handed a stack of drawings.

  The design blueprint of the Central Bus Terminal site. Before the Hong Kong government decided to start the auction, Wu Guangyao asked the Changjiang Design Institute to design;

  The whole design plan lasted for eight months, and it should be finalized for the last time today.

  A 68-story building, a 72-story building, after completion, there will be a property area of ​​1.8 million square feet;

  Previous life, this land consists of three buildings, two 52-storey buildings and one 32-storey building, with a total property area of ​​1.5 million square feet;

  Presumably, but Landlord did not invest too much due to capital problems.

  And Wu Guangyao asked to design two buildings instead of three;

  Naturally, there is a psychology of comparison. At this time, the tallest building in Hong Kong is the Hopewell Building, which is 66 stories high;

  According to history, the Bank of China Tower in Hong Kong will break the record of Hopewell Tower, reaching 70 floors.

  Not only the height is compared, but even the investment cost of the building, Wu Guangyao has a generous budget of 5 billion Hong Kong dollars.

  Because it was the final draft, Wu Guangyao looked at a few places that needed to be corrected, and said to Wu Xianshuo: "Let’s finalize it like this!"

  After finishing speaking, Wu Guangyao continued: “I plan to work with people on the sixth large-scale housing estate project in Tin Shui Wai! You go talk to the Land Company and see if they are interested?”

  Wu Xianshuo was taken aback, and said, “Cooperating with Land Company on such a large-scale project?”

Wu Guangyao nodded without giving too much explanation. He just said: "What's on the auction site is limited to the auction site; everyone can cooperate when we go out of the auction site. Just like when I bought the Wharf of Jardine Matheson. Didn’t you also cooperate with Hongkong Land afterwards?"

  Wu Xianshuo heard the words and knew that his father was teaching him, thought about it for a moment, and said, "Well, I know how to do it!"

  Wu Guangyao added: “Be a little sincere. Since it is a cooperation, then it must be a win-win situation! We pay for the land, and they pay for the construction cost.

  On Hong Kong Island, a company with land is the one that takes the initiative to cooperate, because there is less land and more people;

  Furthermore, the party who pays the construction costs basically only needs to put out a start-up capital, and the rest can use the loan and sell the uncompleted property.

After Wu Xianshuo left, Wu Guangyao showed a playful smile;

  What win-win cooperation?

   is just digging holes for the land company!

  At this time, the management of Jardine Matheson and Land Land abandoned the conservative and prudent investment strategy that they had always pursued, and instead showed aggressiveness, impatience, and speculation;

  Because of the loss of Wharf, Jardine Land intends to build Land into a diversified comprehensive enterprise group integrating real estate, hotel, retail, trade, and telecommunications;

   tried to build Land Land into a super ‘big business’ and compete with Chinese tycoons.

  Furthermore, Wu Guangyao also knows that even before and after the Sino-British negotiations, the Land’s management’s judgment on Hong Kong’s political and economic situation has been seriously out of touch with the objective reality;

  Landland even predicts optimistically that the UK can negotiate to renew the lease contract in Hong Kong;

  It can be seen how naive and ridiculous the Land’s management is.

  Since they were going to die, Wu Guangyao would of course be happy to see it, and could even add a fire.

  Cheung Kong Building

Wu Guangyao convened a family office investment meeting, attended by family office CEO Morse, family office investment director Peter Lynch, Everbright Securities Liu Yu, Wu Xianyi, Wu Xianyu, Wu Xianying, and Wu Guangyao In total, only seven people can attend this top-secret meeting.

  And like Robertson of the Tiger Fund and Ray Dario of the Bridgewater Fund, although they are also Wu Guangyao's subordinates, they are not someone who absolutely trusts;

  Because these two people still have business cooperation with Wu Guangyao, Wu Guangyao is worried that they will use their own analysis to develop their own business.

  The three brothers Wu Xianyi, Wu Xianyu, and Wu Xianying have a very good relationship. They are both brothers and classmates;

  Now the three of them happen to control the family’s bank. Wu Xianying is a director of the Everbright Financial Department, Wu Xianyu is a director of Standard Chartered Bank, and Wu Xianying is a director of Chiba Bank;

  So, at this investment meeting, Wu Guangyao called the three brothers.

  Wu Guangyao first said: "Do you still have gold futures orders?"

  Everyone answered no, and reported their gains!

  At this time, the price of gold has reached US$400 per ounce;

  Since January 1980, the price of gold has dropped from US$800 per ounce to US$500 per ounce, then increased from US$500 per ounce to US$700 per ounce, and finally fell from US$700 to US$400 per ounce;

  The Wu family and its related companies (including through the channels of Tiger Fund and Bridgewater Fund) have made a total of 6.5 billion US dollars in profits.

  After all, it is the futures market, so there are more considerations than speculation in real gold;

  So he can make 6.5 billion US dollars, Wu Guangyao is already very satisfied!

  Wu Guangyao thought carefully, everyone held their breath without interruption;

  Wu Guangyao made the highest instructions for the large investment of the family, and the people below can execute it;

  Of course, there is also a certain amount of money that is fully handed over to the investment department, who decides the direction of investment by itself.

  Wu Guangyao thought for a while, and said: "Our next main direction is to speculate US dollars!"

  Peter Lynch tentatively said: "The dollar appreciates?"

  Wu Guangyao nodded. As far as I know, from 1980 to 1985, the U.S. dollar appreciated by 87%;

  Wu Guangyao made a comparison during this period, and now the U.S. dollar has appreciated by less than 15%, that is, there is still 70% room;

  Add a 5 times leverage, you can earn at least 3 times!

  Wu Guangyao said: "You can arrange to use 2 billion US dollars for operations, and then reserve 2 billion US dollars for replenishment, and the leverage will be increased by five times."

  The so-called replenishment is to increase the position if it is found that the position is about to be liquidated;

  In this way, you can avoid the situation that you can’t stick to the dawn due to a liquidation.

  Wu Guangyao only knows the general trend, but there must be a 5% to 10% decline in the middle of the market, so it is very necessary to increase the leverage of 5 times and reserve 2 billion US dollars to cover the position!

  As for all investment strategies set by Wu Guangyao, everyone is not allowed to operate on their own halfway;

  Wu Guangyao said that when the position is closed, it must be closed when, even if it is a liquidation, it is Wu Guangyao’s responsibility.

  Wu Xianying asked: "Father asked our three brothers to attend the meeting. Is it because several banks can also participate in this kind of investment?"

  Wu Guangyao nodded and said, “Yes, Standard Chartered Bank and Chiba Bank can also do futures, but it can’t be too much. Just put out 100 million US dollars. After all, we are mainly commercial banks.”

  The three brothers nodded. The father's words are imperial edicts, especially in business.

  Peter Lynch said: "BOSS, since the dollar has appreciated, then gold should depreciate! Why don't we short gold at the same time?"

  Everyone's eyes lit up, it seemed to make sense!

Wu Guangyao said with a smile: "Gold can actually go short, but not now; gold should still rise by a wave, and it can almost rise to about $450 to $500, and then it will fall. So, you should go long first. Try it, don’t have too much capital, the amount of 1 billion US dollars is about the same."

  Because he doesn’t know how much history has changed, Wu Guangyao is already dubious about the memory of his previous life;

  With billions of dollars, even if it loses, Wu Guangyao can learn a lesson.

  In the entire meeting, Wu Guangyao was analyzing the general trend, while the rest were mainly discussing how to allocate the investment quota and how to maintain consistent behavior under the unified scheduling of the family office.

  (End of this chapter)