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Chapter 127: Will hoarding land make him successful?
Chapter 127: Will hoarding land make him successful?
According to the current market trends, if everything goes smoothly and there are no major unexpected factors, it is expected that the international crude oil price will reach the range of US$27 to US$28 per barrel by the end of May and the beginning of June.
At that time, Lin Haoran will be able to seize the opportunity and decisively sell off to achieve the expected returns.
After completing this round of operations in the oil market, he will take the accumulated huge funds, flexibly adjust his investment strategy, and move to the gold futures market.
In the office of Global Shipping Group in Prince's Building, Central, Bao Yu had just finished a long-distance call. The voice coming from the other end of the line was from Japan.
After the call ended, an expression of helplessness that was difficult to conceal once again appeared on his face.
As a shipping magnate and the world's largest shipowner, Bao Yugang's business empire spans six continents and his customer network spreads across the globe, making him a bridge for many people to seek help and cooperation.
Especially in view of the deep relationships he has established with many oil exporting countries, many buyers who are eager to purchase oil but find it difficult to obtain priority have turned their attention to him, hoping to achieve their goals through his connections.
At first, for a few requests, Bao Yugang was able to do his best to negotiate and use his personal connections to obtain the qualification for the other party to purchase oil in advance.
However, with the surge in similar requests within a month, the number has climbed to more than a dozen, and even he feels overwhelmed.
After all, no matter how big your face is, it is impossible to satisfy everyone's needs infinitely.
So, after struggling to get what two of the clients needed, Bao Yugang had to make a difficult decision and politely declined all subsequent similar requests.
Because he understands that this kind of help beyond his ability is not only difficult to sustain, but may also damage the long-term relationship between himself and his partners.
Therefore, despite feeling helpless inside, he chose to stick to his principles and no longer get involved in this thankless task.
Previously, Lin Haoran relied on Bao Yugang's extensive network of contacts to successfully purchase a large amount of crude oil from Saudi Aramco before the market crisis began to emerge.
Bao Yugang was well aware of this and knew that Lin Haoran had considerable crude oil reserves.
In view of this situation, Bao Yugang initially took the initiative to call Lin Haoran and asked him if he was interested in selling the crude oil in his hands.
However, after learning that Lin Haoran planned to make a decision in early June, Bao Yugang respected the other party's decision and did not mention the matter again.
He understands that every investor has his or her own unique market insights and plans, and investment decisions are often based on complex analysis and personal judgment.
Therefore, even though Bao Yugang holds a pivotal position in the business world, he knows that he has no right to interfere with or change other people's investment strategies.
Since December, Bao Yugang has been closely following the developments in the international crude oil market, especially the fluctuations in oil prices.
He originally expected that oil prices would return to normal after a period of increase, but unexpectedly, instead of falling, oil prices showed amazing resilience and continued to rise, and the rise became more and more rapid, with prices soaring from more than $12 per barrel at the beginning to more than $25 today.
This trend makes Bao Yugang feel emotional and even a little annoyed every time he checks the oil price.
Looking back half a year ago, when Lin Haoran enthusiastically consulted him about crude oil investment, Bao Yugang actually had reservations in his heart.
In his opinion, although Lin Haoran's idea was brave, it was too simple and direct, ignoring the complex and changeable factors behind the crude oil market and the potential high risks.
However, the current trend of oil prices has forced him to re-examine his judgment and has given him a new understanding of Lin Haoran's investment vision and courage.
He clearly remembered that when Lin Haoran left Bao's house, his confident and passionate words were still ringing in his ears: "Uncle Bao, if you are interested in increasing your income, this opportunity for oil investment is really not to be missed. Although there are certain risks, I think the risk-return ratio is quite attractive.
Even if the oil crisis does not break out, our losses will only be some depreciation costs; and once the crisis comes, the benefits will likely increase exponentially, so I think such a risk is worth taking. "
Whenever the oil price goes up a level, Lin Haoran's words seem to echo in his mind again.
In just half a year, oil prices have doubled!
He missed out on such a lucrative project.
Under normal circumstances, a project that doubles the profit in half a year may not be seen for a long time.
This made him feel regretful about what he had done.
The most important thing is that, judging from the current oil market conditions, doubling is far from the end of the oil price increase.
This reminded Bao Yugang of the oil crisis five or six years ago.
从1973年1月份的2.95美元一桶,到1974年超过13美元每桶,整整翻了4倍!
Moreover, crude oil prices have never returned to the prices before 1973 and have remained above US$10 per barrel.
So, is it possible that this time the price will increase fourfold like the first oil crisis?
Bao Yugang is not clear about this question.
But he knew that if oil prices continued to rise at this rate, there would be no problem at least doubling.
So, the higher the oil price goes, the more Bao Yugang feels he has missed out on.
He has been running a shipping business, which, although large in scale, has actually very low profits.
Coupled with the fact that there are too many competitors and the industry is oversupplied, the entire shipping industry is extremely competitive.
In Bao Yugang's view, the depression of the shipping industry was inevitable, so he had the idea of shifting the main investment from sea to land.
And Kowloon Wharf was his first step to abandon the boat and land.
He felt somewhat regretful about the oil crisis.
Currently, he is engaged in a protracted battle with Jardine Matheson in the battle to increase his holdings in Hutchison Whampoa, and he has no idea when the outcome will be decided.
Therefore, investing in oil is actually a regrettable thing, because he dare not withdraw funds to invest in other things.
Before he took over Hutchison Whampoa, his funds were restricted.
From the brief conversation during their first meeting, to the bloodless acquisition of Qingzhou Yingni, to the stockpiling of oil, to the privatization of Qingzhou Yingni Company...
Every move Lin Haoran made surprised Bao Yugang.
Is this something that young people do? It's incredible.
Lin Haoran is definitely not an ordinary person, and his future is destined to attract worldwide attention.
Therefore, he became more and more concerned about Lin Haoran's movements.
However, ever since the moment five British people reported that Lin Haoran had forced him to privatize the company, the young man seemed to start keeping a low profile, his actions started to become mysterious, and there were few reports about him in the news afterwards.
Therefore, Bao Yugang finally couldn't help but use the intelligence resources in his hands to investigate Lin Haoran's recent movements.
Sitting in the office, Bao Yugang looked at the documents in his hands.
This information was obtained by his subordinates.
"Is his next plan to hoard land?" Bao Yugang frowned as he looked at the information in front of him.
With Bao Yugang's current status in the business world, he naturally has very powerful sources of intelligence.
Although Lin Haoran has kept a low profile recently, his movements are still easy to find out if someone wants to.
The information found in the investigation surprised Bao Yugang.
Unexpectedly, Lin Haoran actually bought multiple plots of land one after another.
Such frequent purchases of land are obviously not for direct development, otherwise Wan'an Group's construction engineering team would be too busy to handle it. Then the ultimate goal is obvious, to hoard land!
Bao Yugang is naturally optimistic about the real estate industry, otherwise he would not have set his sights on Hutchison Whampoa.
However, with Lin Haoran's current financial strength, it is obviously not suitable for hoarding land. After all, the source of funds for Wan'an Group this time is all loans, which need to be repaid when due.
Unless the other party wants to do short-term trading and sell the land within a short period of time after purchasing it, this time may be half a year, or it may be one or two years.
As for long-term holding, Lin Haoran simply cannot afford it with his financial resources.
"This young man has always had a great vision, and every move he makes is amazing. But will his land hoarding this time make him successful as he wishes?" Bao Yugang suddenly became curious.
As a tycoon in Hong Kong's business world, he is naturally aware that Hong Kong's housing prices have skyrocketed suddenly since last year, especially this year, as if they had lost their rationality.
Bao Yugang could see that the real estate speculation in Hong Kong was constantly pushing up land and house prices, which were gradually out of the actual affordability of Hong Kong citizens today.
When consumers' wage income is far behind the rise in housing prices, a fall in housing prices is inevitable, and there is even a high probability that a catastrophic real estate crisis will occur.
Therefore, he holds a cautious attitude towards the current Hong Kong property market.
Although Bao Yugang is not from the real estate industry, he has many good friends in the business community, all of whom are bigwigs in the real estate industry, such as Li Jiacheng.
He had previously discussed this topic with Li Jiacheng.
Even Li Jiacheng feels that there will be a real estate crisis in the near future, because the current housing price increase is too outrageous, so outrageous that it is out of touch with reality.
Of course, this is good news for Li Jiacheng and others.
He has gradually increased his wealth by hoarding land and houses. Now, whether the housing prices plummet or not, it is acceptable to him.
If the price rises sharply, the value of the land and buildings they hold will be higher.
When the market plummets, they take advantage of this opportunity to buy up low-priced land and building properties, waiting for the real estate industry to take off again. At that time, the value of the real estate properties in their hands will skyrocket again.
This is the advantage of cash flow players.
This is because after discussing these topics with Li Jiacheng, Bao Yugang also firmly believes that Hong Kong's real estate industry will shrink in the future.
So Bao Yugang is even more curious, whether Lin Haoran's action this time will replicate his previous success?
(End of this chapter)
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