Reborn Capital Madman

Relying on the abnormal historical advantage of Xiangjiang becoming a British colony, British-funded foreign firms have had a unique and tacit advantage in gold mining in Xiangjiang for a long time.

But today, with the international economic order undergoing great changes, the business skills of British people seem to be just that. In fact, everyone is the same, and they are not just following the trend!

Take Wheelock, one of the four major British-owned foreign banks in Hong Kong, as an example. It has more than 200 subsidiaries and a large number of businesses. Before the global oil crisis in 1973, its recurring surplus reached 180 million.

Hong Kong dollars, but by this year, this number has dropped sharply to HK$69 million.

Looking at the series of figures on the report submitted by his subordinates, Gao Xian stroked his increasingly stylish moustache and couldn't help but secretly wonder whether John Madden, Wheelock's chief executive, was too careless.

The reason why Gao Xian makes this association is that he knows a "secret" about Wheelock's capital structure, that is, Wheelock's current largest shareholder is already the Chinese businessman Zhang Zhushan family.

This example is not isolated. The Peninsula Hotel run by the Kadoorie family is also in the same situation.

Thanks to their own hard work, ingenuity, and the cyclical changes in the bear market and bull market of the stock market and the ups and downs of real estate, the current capital strength of the Chinese in Hong Kong is beginning to show signs of growth.

But on the other hand, the intensity of control does not mean that it will actually improve at the same time.

As a result, so-called "gentlemen's agreements" emerged, such as Wheelock Taipan or John Madden, and the Peninsula Hotel still being run by the Kadoorie family.

Perhaps, for Chinese capital like the Zhang Zhushan family, letting British people work and reaping the dividends is a good thing.

However, according to the analysis of Gaoyi Research Institute, and Gao Xian also believes that it is reasonable, Wheelock's recurring surplus will definitely fall. This year, it has dropped sharply from 180 million Hong Kong dollars to 69 million Hong Kong dollars.

If it exceeds 50%, I am afraid that next year, in 1975, not even a quarter will be left.

With such business performance, can the Zhang Zhushan family still maintain the previous "gentleman's agreement" with John Madden?

Thinking of this, Gao Xian couldn't help but smile playfully, picked up the phone and asked his secretary, "Did Wheelock pay my salary as a director of Wheelock in time?"

"Wheelock pays on time." The secretary replied knowingly: "Hutchison also pays on time."

When he heard the name Hutchison, Gao Xian couldn't help but laugh again, because Hutchison was even worse than Wheelock.

Hutchison Taipan Kai Dezun has expanded massively in recent years and made frequent moves. The required funds are naturally obtained through financing. However, Hutchison's current market value is not even one-tenth of the highest market value during the Hong Kong stock market bull market period, and leverage is no longer available.

It can't be pried anymore.

Similarly, Gao Xian Research Institute has analyzed the results. Next year, that is, 1975, Hutchison's decline will continue.

The year 1975 should have been the final stage of the recession caused by the global oil crisis, but the darkness before dawn was not easy to endure.

Whether British-owned foreign companies such as Wheelock and Hutchison, which have tasted the bitter consequences of over-expansion, can survive the crisis depends on a bit of luck.

The secretary reported again: "Boss, representatives from Global Shipping, Orient Overseas Shipping, Huaguang Line, Wheelock and other companies have arrived, and the meeting can begin."

"Okay." Gao Xian closed the document in front of him, stood up and left the office, heading straight to the conference room.

…

Gao Xian held this meeting to hear the details of the implementation of transportation contracts between Gao Xian Energy and various shipping companies. In addition, he also wanted to rent a few more cargo ships and put them in Bangkok, Saigon and other ports on the Indochina Peninsula.

Enhance transportation capacity during special periods.

The shipping industry in Xiangjiang is developed. In terms of Chinese capital, world shipping kings such as Bao Yugang and Dong Haoyun have emerged, as well as Xiangjiang shipping kings such as Zhao Congyan. The transportation capacity is considerable. Kaixin Energy's marine transportation of refined oil and Kaixin Group

Other freight needs are mainly met by these shipping companies.

Although Gao Xian attended this meeting in person, it was still a routine meeting with a large reporting component. Therefore, the heads of various shipping companies did not attend, but sent their own representatives.

For example, the representative sent by Bao Yugang's Global Shipping Company is Bao Yugang's eldest son-in-law Su Haiwen; the representative sent by Dong Haoyun's Orient Overseas Shipping is Dong Haoyun's eldest son Dong Jianhua; the representative sent by Zhao Congyan's Huaguang Shipping is Zhao Congyan's eldest son

Zhao Shipeng.

In fact, this is what the title should mean.

You must know that these second-generation family members have officially participated in the family business. Of course, they can take charge of their own affairs, and they are eager to interact more with Gao Xian, who is similar in age, so that they can learn from others.

As for Wheelock's chief clerk, John Madden, he was not present either. He was still in London, England at this time.

This phenomenon reflects to some extent that the Marden family only regards Xiangjiang as a gold mining place, which is self-evidently different from British businessmen such as Hutchison Taipan Qi Dezun who spend time in Xiangjiang and actively develop local business in Xiangjiang.

To put it bluntly, even if the situation in Xiangjiang changes, Wheelock, whose main business is still shipping, has its assets on ships sailing at sea, which can minimize the risk of loss of profits.

This is the experience that the old Madden summed up during the gold rush in China decades ago, and is now fully inherited by the younger Madden.

Gao Xian looked around at the representatives of various shipping companies and went straight to the point: "Everyone here must understand that Xiangjiang's energy security is of great importance, and Gao Xing Energy's refined oil transportation cannot be compromised."

"Recently, the Hong Kong dollar has been decoupled from the U.S. dollar and has been free-floating. As a result, the Hong Kong dollar has depreciated significantly."

"Although the transportation contract between us has been signed long ago, I am not willing to take advantage of it. After all, we are a long-term cooperation."

"If you have any difficulties or ideas, feel free to raise them. In the final analysis, the ships transporting oil to Xiangjiang cannot make mistakes."

Dong Jianhua first expressed his support: "Mr. Gao is right, transporting oil to Kaixin Energy is not just a simple business, but also related to the energy security of Hong Kong. We must work together to ensure that nothing goes wrong."

"According to the current situation, transportation costs are indeed under pressure. Therefore, OOCL hopes to adjust the Gaoxing Energy transportation contract in the first quarter of next year."

Later, other people expressed their opinions one after another, which were generally similar to Tung Chee-hwa's request.

Gao Xian said happily on the spot: "I believe in a win-win situation in doing business. I agree in principle with your request. Let's discuss the specific aspects with Kaixin Energy in detail."

Seeing the representatives of various shipping companies nodding in joy, Gao Xian continued: "I want to rent a few more ships to take routes in the Indochina Peninsula waters such as Bangkok and Saigon. The approximate time is the first half of next year. Cargo ships will be given priority, and oil tankers will be queued."

Finally, who has spare transportation capacity at that time?"

…

ps: Let me make it clear that there will be no plots of interaction with China like the first two chapters in the future, so as not to receive relevant notifications again. I would like to ask quietly again, did anyone report the first two chapters? Please be merciful!