I Want To Be a Rich Man on Hong Kong Island

Hutchison Headquarters

Wei Li was reporting to Wu Guangyao with a beaming smile that the international gold price had climbed to $180 per ounce.

Wu Guangyao said with a smile: "Take it when you see it, and sell all the gold held by Hutchison \u0026 Co., not a single gram!"

Wei Li's smile froze, and it took him a while to react, and said: "Boss, gold is rising at a high speed, should we wait until $200 an ounce before making a move!"

Wu Guangyao was so angry that he shouted loudly: "Confused! How did Qi Dezun lose Hutchison? Have you forgotten?"

Wei Li suddenly became embarrassed, thinking of his predecessor Hutchison Taipan Qi Dezun;

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

In the end, it caused problems for the entire Hutchison \u0026 Co., and he himself lost his status as a major shareholder of Hutchison \u0026 Co.

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

Wu Guangyao nodded and said, "No matter how much gold goes up or not, we will take action; Hutchison \u0026 Co. is a diversified group company, but not a financial company, you have to remember!"

Hutchison Matheson has 150 million Hong Kong dollars in gold, and the purchase cost is 145 US dollars per ounce, and now it has 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 will remember!" Wei Li said convincingly.

Indeed, if the gold is sold, the funds of 180 million Hong Kong dollars can be recovered and used for industrial investment, which can still make a lot of money.

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

Some of Hutchison's original loss-making companies were all sold and dissolved, so the source of the loss was resolved;

Then, when the Hang Seng Index was over 500 points, Hutchison \u0026 Co. threw away short-term investments;

In the original history, this investment was thrown away in 1975 when the Hang Seng Index was around 300 points;

Therefore, the loss has been greatly reduced;

At last,

Naturally, this gold investment brought a profit of 30 million Hong Kong dollars, which can be said to have eased 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 multiple policies by the boss!"

Wu Guangyao waved his hand and said, "It's all the hard work of everyone! However, I'm finally relieved; I issued a two-year military order to the shareholders. I didn't expect to complete this task in only half a year."

Wei Li was also very happy, because Wu Guangyao had promised him to give him 1% of the net profit of Hutchison \u0026 Co. every year;

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

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

Wei Li seemed to think of something, and said, "By the way, boss! Hutchison \u0026 Co.'s current achievements are closely related to you. Therefore, our management also discussed it and thought that you should get at least 3% Pure profit reward!"

Wu Guangyao was taken aback. He hadn't heard of it for a long time. Some companies wanted to pay him wages and rewards;

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

Including public companies such as CMB and China Gas;

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

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

Because I am a major shareholder, I have enjoyed 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 in his previous life liked to take this kind of money. After entering a company, he would take whatever he could;

However, Li Chaoren in his previous life was relatively clean and honest, and he basically didn't take the company's salary.

Wu Guangyao didn't imitate Li Chaoren, but he didn't care about the money at all, nor did he think about it.

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

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

I work part-time, no matter how much the board of directors give me, I can still digest it!

When you have money, you naturally have to think about spending it;

Therefore, Wu Guangyao said: "From now on, Hutchison Real Estate will strengthen the development of real estate, and the recovery of real estate will only take a year or two; Don't think about it yet."

Wei Li naturally knew that these two pieces of land were equivalent to the boss's heart;

It is not Hutchison's management to make a decision on how to develop.

Hutchison Properties Limited (Hutchison Properties) was incorporated in March 1971 as 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 company, including warehouses, industrial buildings, multi-storey warehouses and office buildings in North Point - Watsons Building, a number of high-quality high-end residential buildings and bungalows.

Therefore, Hutchison Properties does not lack land for development!

Even, apart from the large land in Hung Hom, the original Whampoa Dockyard also has many other small and medium-sized lands;

In the same way, the same is true for the average profit position of established companies.

Wei thought about it for a while, and said, "Boss, since you have encountered the recovery of Hong Kong's real estate, how many pieces of land does Hutchison Real Estate currently have that are suitable for development?"

"Tell me!"

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

Wei Li said: "The piece of land in Kwai Chung can develop an important project. Two 20-storey residential buildings and two commercial properties..."

In the end, Wu Guangyao affirmed Wei Li's real estate development project;

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

At least in 1976, after the recovery of real estate, it could be sold slowly.

.........

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

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

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

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

Wu Guangyao did some calculations, and the cost of his own purchases was US$1 billion;

After the sale, it is expected to become 4 billion US dollars to 4.5 billion US dollars;

Therefore, this investment has a profit of at least 3 billion US dollars.

As for the issue of selling so much gold, Wu Guangyao didn't need to worry at all.

Wu Guangyao remembers that in his previous life 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 up by mysterious buyers;

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

If it continues, a country's gold reserves will be ruined!

It is conceivable 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 has been debugged and ready for production at any time!"

The speaker was the president of Xiaomi Electronics——Qiu Yi, who used to work for Lenovo Electronics and was a native of Hong Kong;

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

Wu Guangyao personally holds 80% of the shares, and Lenovo Electronics holds 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 enterprise.

Wu Guangyao nodded, and said, "I have already told the Chinese University to arrange for students to come to Xiaomi Electronics for internships, and you will do a good job of connecting."

Qiu Yi couldn't help feeling admiration in his heart, this boss has trained more than hundreds of electronic engineering talents every year;

The important thing is that the boss 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, and I believe that we will soon be able to cultivate a large number of professional-level talents. However, at present, our diode production lines are all purchased from Japan; simple As far as we are concerned, we are still only a processing and manufacturing enterprise; so, boss, I suggest that we should enter the R\u0026D and manufacturing of the upstream industry at the same time."

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

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

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

"I see, boss!"

7017k