I Want To Be a Rich Man on Hong Kong Island

Chapter 250 [Small Gathering of Jiangsu, Zhejiang and Shanghai Shipowners]

Back on Hong Kong Island, Wu Guangyao learned something, but he didn't take it too seriously;

That is, Bao Yu just bought a thousand-ton freighter from London, spending a full 200,000 pounds.

From this incident, it can be seen that the second-hand cargo ships owned by Wu Guangyao have not only not depreciated in value over the years, but have increased in value!

Explained in economics, it is inflation.

When Wu Guangyao bought his first freighter, he spent only 400,000 US dollars (he told a piece of news, and also reduced 50,000 US dollars for one), which was equivalent to 100,000 pounds according to the exchange rate at that time.

Of course, in October 1949, the British pound depreciated by 30% against the US dollar, which also had a certain relationship.

As the pound depreciates, the Hong Kong dollar will also depreciate naturally. After all, the Hong Kong dollar and the British pound have a fixed exchange rate of 16:1.

With the depreciation of the Hong Kong dollar, the price of goods will naturally rise, and at the same time, the wages of workers will also rise rapidly; of course, no matter how fast the wages on Hong Kong Island rise, they will not rise as fast as those in Japan.

Wu Guangyao changed some of the history to some extent. Back then, Bao Yugang borrowed money from him to purchase 'prohibited' materials, but Wu Guangyao agreed. According to what Bao Yugang told himself later, he made a profit of 150,000 Hong Kong dollars that time.

He not only returned his principal of 50,000 Hong Kong dollars, but also paid 10,000 Hong Kong dollars in interest, which Wu Guangyao put in the drawer.

After so many years, with the principal of 150,000 Hong Kong dollars more than the original, Bao Yugang did not know how many more 150,000 Hong Kong dollars he earned.

For the purchase of a 200,000-pound cargo ship this time, there must not be much borrowing!

When he heard that Bao Yugang had also bought a freighter, Wu Guangyao had a whim and invited several shipowners from Jiangsu, Zhejiang and Shanghai on Hong Kong Island to prepare for an industry exchange conference, and Bao Yugang was also invited.

With Wu Guangyao's load capacity close to 2 million tons, it is not wrong to say that other people are small shrimps and crabs;

However, Wu Guangyao intends to support the shipowners on Hong Kong Island, so naturally he will not suppress anyone.

So far, Wu Guangyao has not opened any shipping business on Hong Kong Island, except for this container shipping.

In June 1953, Global Shipping had 650,000 tons of second-hand ships and 450,000 tons of new oil tankers, with a total deadweight of 1.1 million tons;

After two years of development, Global Shipping has owned 1.2 million tons of second-hand ships and 800,000 tons of new oil tankers (including oil tankers under construction).

There are several reasons why it has grown so fast:

First, because of the "Jeddah Agreement" incident, not only has Global Shipping not been boycotted, but its reputation has increased greatly. Many European and American oil companies are willing to cooperate with Global Shipping. The price is lower than that of Europe, America, Greece, and Dongying shipowners; the crew are all trained by the Maritime Academy and are professional enough; these are the reasons why European and American oil companies are willing to cooperate with Global Shipping.

Second, after HSBC took a stake in Global Shipping, it not only relaxed the terms of the loan, but even used its relationship in Europe to introduce business.

Third, Wu Guangyao intentionally wanted to own as many ships as possible before the Second Middle East War. No matter how much the World Shipping owed, it would be enough to pay it off during the one year blockade of Suez.

Although Wu Guangyao didn't know how much the shipping fee had increased during that year?

But Wu Guangyao knew that the contract of Bao Yugang's 'Jinshan' just expired before, and Dongying's Yamashita Steamship Company spent several times the price to renew the contract with 'Jinshan'.

How many times?

Japan is several times higher, and European and American routes are at least three times higher.

As the saying goes, working for one year is worth three years, this is the truth!

And Bao Yu just used the money to buy several ships with loans. This luck is better than Wu Guangyao's!

The day before preparing for the party with the shipowners, the Hong Kong government suddenly called and asked Wu Guangyao to go to the Governor's Mansion.

Wu Guangyao seemed to know, but he was not sure, so he came to the Hong Kong government with excitement.

Sure enough, it is a matter of conferring a knighthood. Wu Guangyao will go to London in September to accept the conferment of the Queen of England.

This title will not bring any substantial benefits to Wu Guangyao.

But it can play a very good protective role; if it is after the reunification, I will give myself this title, and I will not want it; but it is different now, the security of Hong Kong Island in the future is so poor, this title can still scare some people of.

I don't know what happened, but the fact that Wu Guangyao will be awarded the title by the Queen was leaked, which caused a huge sensation in Hong Kong Island for a while!

You must know that the title of Jazz is much more difficult to obtain than the title of Justice of the Peace;

The Hong Kong government has the right to decide the justice of the peace, and the title of knight must be something that can only be decided by the British royal family.

Even in terms of numbers, there are dozens of times more justices of the peace!

The 25-year-old Colonial Sir is quite rare;

However, the people of Hong Kong Island take it for granted. With Wu Guangyao's career achievements today, what's wrong with being awarded the title of Baron?

On Hong Kong Island, there are 20,000 people working for Wu Guangyao, plus the number of related families, there must be 100,000 people related to Wu Guangyao; sometimes the Hong Kong government is afraid when thinking about this issue, if Wu Guangyao has political Inclination to the problem, I am afraid it will cause a burst of super riots on Hong Kong Island.

Not only that, Wu Guangyao is the guest of the prime minister and cabinet ministers in Japan; in Europe and the United States, he is a shipping star and a trustworthy big ship owner; Production of non-metallic zippers.......

It would be too blind for London to not try to win over so many achievements!

Many friends called to congratulate, Wu Guangyao always said casually: "It's just a false name!"

The more Wu Guangyao downplayed it, the more these friends felt that Wu Guangyao was unpredictable. This person's ambition would not be limited to a small island, but a business leader in the world!

Indeed, it's normal for a young man to have such ambitions!

 …

Fusheng Hotel

Wu Guangyao, Dong Haoyun, Zhao Congyan, Cao Wenjin, Bao Yugang and other Jiangsu, Zhejiang and Shanghai shipowners gathered together.

Wu Guangyao has contacts with several other people, and everyone will get together occasionally to exchange ideas.

As for the so-called competition, it seems that the businesses of several people do not overlap very much; of course, even if they overlap, there is no way out, so it won't make others give up.

Both Zhao Congyan and Cao Wenjin traveled to the Korean Peninsula several times in the past few years, and made a lot of risky money by earning a lot of risk money, but both of them stopped in moderation, bought a boat with the profits they earned, and started their business in Dongying.

Dong Haoyun has the support of the local government of Taiwan Island. He has also made a lot of money in the past few years and has devoted himself to expanding the fleet.

Only Bao Yugang was a novice in shipping, and even Bao Yugang couldn't figure out why Wu Guangyao supported him so much!

Back then, even HSBC was unwilling to lend money to me, but this man lent it to me without any hesitation;

Up to now, I have just bought a freighter, so I brought myself to make friends with these shipping seniors.

If the two hit it off, it wouldn't matter, because the friendship between the two is not enough to support this kind of cooperation!

It may be that this newly promoted jazz has always been willing to give alms!

"Everyone, I would like to introduce a newcomer to shipping, that is, Mr. Bao Yugang next to my left hand. Although he entered the industry late, I believe that with his experience as a banker, he will definitely make achievements in the shipping industry in the future! " Wu Guangyao introduced to several people.

Bao Yu was flattered just now, if he could get the support of several shipping seniors, he would definitely be able to avoid many detours.

"Thank you Guangyao for your support, and thank you seniors. I am new to this trip, and I bet all my wealth on Zhan Weiwei. If there is anything I don't understand in the future, I hope you seniors will help you a little bit. I will never forget it."

Everyone was polite, mainly because of Wu Guangyao's face, and they would not reject the new shipowner.

"Guangyao, do you have any success in container shipping? I heard that the profit is quite large?" Dong Haoyun asked enthusiastically.

"Whether you have any ideas, you may have to experience it yourself, because the global shipping has only been in operation for more than a month, and you can't guarantee it. If you are interested, you can get a ship and try it first, or you can wait and see! If you If you are interested, please contact Global Container Service Company directly, we can provide all technical support." Wu Guangyao said.

Global Container Services has more than a dozen subsidiaries, including containers, terminals, freight, loading and unloading, cargo ship transformation services, etc., providing a full range of container shipping services.

As long as you have the money, it will get you into this business!

"Then wait, I'll see the situation!" Dong Haoyun saw that Wu Guangyao didn't give an affirmative answer, and he wasn't sure about this one.

He was kind to Wu Guangyao, so he didn't need to lie to himself.

"Well, after half a year, you can come and investigate."

In later generations, Bao Yugang, Dong Haoyun, and Zhao Congyan were good friends, and the development priorities of the three shipping companies were also different.

Dong's OOCL specializes in containers, Bao Yugang's main force is oil tankers, and Zhao Congyan has always regarded bulk carriers as the focus.

Of course, everyone has other businesses, but they only have primary and secondary development directions!

As for Cao Wenjin, this year, that is, in 1955, he first cooperated with Dongying Pharmaceutical Company and became an agent. Although Cao Wenjin has been developing shipping, but it is very scattered. He cooperated with the governments of Malay and Thailand to establish various Less shipping company.

In this life, the business of these people is destined to shrink a lot, because Wu Guangyao, a super ship king, was born.

In fact, Wu Guangyao wants to carve up the interests of Japanese, Greek, European and American shipowners. He has always planned to win over Hong Kong Island shipowners; but when the development reaches a certain level in the future, it will inevitably squeeze their living space.

"Brother Cao, you took over a textile factory in Malay last year, and this year you cooperated with Dongying Pharmaceutical and Chemical Industry. Let me tell you, do you want to abandon the ship and land? Or, you are not optimistic about the shipping industry?" Zhao Congyan asked Cao Wenjin sent a question.

Everyone looked at Cao Wenjin in unison, and Bao Yugang was even a little nervous. He had just entered the industry, so would he encounter a severe shipping winter?

"Brother Zhao is joking, the shipping industry will only get more and more prosperous, how could I not be optimistic about it! I just believe in a philosophy - called the egg philosophy, which means to diversify investment and diversify risks! Look at Guangyao, his industry You can see how perfect the arrangement is!" Cao Wenjin looked at Wu Guangyao with envy.

Seeing that the topic was brought to him, Wu Guangyao could only spread his hands, unable to explain!

"I am very optimistic about the shipping industry, especially the shipping industry on our Hong Kong Island. Think about it, the world is becoming more peaceful, so only by developing the economy, the trade between countries will become more frequent. What kind of transportation is it relying on? And From the perspective of the development of the United States, the number of cars is getting higher and higher, the industry is getting more and more developed, and the demand for oil will be more and more, and the same is true for other countries. Therefore, it is right to develop shipping!" Wu Guangyao said generously He said some future trends, and of course what he said was well-founded.

Everyone nodded one after another. Everyone understood these principles to some extent, but Wu Guangyao's words seemed to be more convincing!

Then, everyone discussed the things encountered in shipping, and if anyone had any questions, everyone would answer them without hiding their secrets.

Bao Yugang was greatly moved by this atmosphere!

This is a shipping novice, found the organization ah!

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