I Want To Be a Rich Man on Hong Kong Island

January 26, 1990, New Year's Eve.

After the renovation of Villa 79 in Deep Water Bay, Wu Guangyao's family moved in again;

For Wu Guangyao, this is his feng shui treasure land and the ancestral home of the family he created.

New Year's Eve dinner, a family of more than 20 people gathered around a large custom-made table, it was very lively;

Wu Guangyao's mother, Zhou Xuefen, Wu Guangyao, Lin Yueru, Li Cui, Wu Xianshuo and his wife, Wu Xianyi and his wife, Wu Xiancheng and his wife, Wu Xianpeng and his wife, ten grandchildren and three granddaughters, a total of 25 people had a New Year's Eve dinner together.

Wu Guangyao stood up, raised his wine glass happily, and said to the children and grandchildren, "Come on, everyone raise the wine glass, and wish our lady Zhou Xuefen good health and happiness like the East China Sea!"

Everyone got up and toasted Zhou Xuefen with respect and love on their faces.

Wu Guangyao's mother is 78 years old this year. Since she came to Hong Kong Island, Wu Guangyao has increasingly regarded her as the person he respects the most;

The relationship between mother and son has always been very good. Living together is because Wu Guangyao respects Zhou Xuefen, Zhou Xuefen always thinks of Wu Guangyao, and there are very few bickering situations.

At Wu Guangyao's age, the more he feels the need for such an old mother, so Wu Guangyao always accompanies Zhou Xuefen to go shopping and chat at home. This time is the most peaceful.

Zhou Xuefen also got up happily and held up the cup. Wu Guangyao raised the cup with his right hand, and gently hugged the old mother with his left hand. The relationship between mother and son was very harmonious.

An old house where a treasure!

"Good! Guangyao, your children and grandchildren are full, the grandchildren have a successful career, the great-grandchildren are smart and smart, and the family is very good!"

"If you're healthy, we'll be fine!"

The family is happy and prosperous, and it is prosperous in wealth and people!

After the meal, and chatting with the family for a while, Wu Guangyao brought his four sons to the study;

At present, Wu Guangyao is almost in a semi-retired state, only serving as the chairman of the board of directors of each group company, and his four sons are responsible for specific affairs; this is a common practice among Hong Kong's richest people. Li Zhaoji and Zheng Yutong both handed over their careers last year. son.

Of course, everyone is not quitting. Once the company has any major changes, everyone will appear in the company again.

Wu Xianshuo took the initiative to say, "Father,

The largest container terminal in the UK, the Port of Philidus, has been negotiated, and I will sign the contract in the next year. By then, the number of ports for global shipping will reach 56. "

Wu Guangyao nodded and said, "Not bad! Your next target can go to talk about the port of Panama!"

Wu Xianshuo thought for a while and said, "Panama's port is located in the fortress of the Americas, will it attract the attention of the US government!"

Wu Guangyao said with a smile: "That's natural, so you need to find allies! And the key point is the Panama government, they definitely want to make money; as for the US government, after you have negotiated, just blow it on the media to express yourself. Just a businessman, he will not fight for control of Panama. In short, there must be difficulties, it depends on how you deal with it!"

Wu Xianshuo said sternly, "I see!"

Overseas port affairs, Wu Guangyao has completely handed over to Wu Xianshuo to discuss;

However, the future inland ports may have to be negotiated by Wu Guangyao in person, especially Shanghai Port and Yantian Port. These two ports cannot be compromised;

Speaking of which, Wu Guangyao helped the mainland win the No. 8 container terminal in Kwai Chung on Hong Kong Island. I believe that the mainland will also reciprocate in return.

Wu Xianshuo said again: "Gateway Building Phase 3, 4 and 5, I also plan to launch this year!"

There are a total of five Gangway Buildings, two of which have been built, and the commercial area of ​​the entire Wharf has reached 7.3 million square feet;

If the remaining three buildings are completed, it will be the final form of Wharf: Harbour City + Ocean Terminal + Gateway Building.

Wu Guangyao said, "Let's build it! There are also the former site of the Cha Kwo Ling Oil Depot and the former site of the Ap Lei Chau Power Plant. It's time to launch two large housing estates!"

These two pieces of land have been covered for many years, and it is time to take them out!

However, it wasn't that Wu Guangyao deliberately wanted to cover it up. In recent years, his real estate company has mainly developed Tin Shui Wai, so these two large-scale housing estate plans have been reserved.

Wu Xianshuo said: "Well, I will arrange it right away! Father, I plan to let Lao Fengxiang Jewelry participate in these two large housing estates!"

Wu Guangyao said with a smile: "You brothers can just talk!"

Although the four brothers were not born by the same mother, they have lived together since childhood, and there is no problem with their relationship;

Because Wu Xianpeng was born by Li Cui, his assets are relatively small, but he has participated in more investment projects in recent years, and he has also begun to grow; if the mainland gold jewelry market is developed later, Lao Fengxiang will have a wave of great opportunities for development.

Next, several sons reported some work issues one by one, and Wu Guangyao gave some opinions;

Because Wu Guangyao seldom goes to the company recently, he sometimes talks about some work at home.

........

In August 1998, the Hong Kong financial crisis broke out completely.

Prior to this, international speculators had scoured Southeast Asia, Japan, South Korea and other places, leaving a mess.

At the beginning of August, market rumors were flying all over the sky, and speculators declared that the RMB would depreciate, which shook the confidence of the Hong Kong dollar. In addition, speculators also promoted rumors about the instability of mainland banks. The purpose was still to create psychological conditions for them to attack the Hong Kong dollar. It's really useless.

The operation method of these speculators is very simple: they use financial futures to buy Hong Kong dollars with 3-month or 6-month Hong Kong dollar futures contracts, and then quickly sell short, causing the Hong Kong dollar interest rate to rise sharply and the Hang Seng Index to plummet, making huge profits.

The one- to two-year Hong Kong dollar bonds issued in Hong Kong in the first half of the year have a total amount of about US$30 billion and an annual interest of 11%. These international financial institutions swap these Hong Kong dollars for US dollars, and it is mainly some hedge funds that borrow the Hong Kong dollar. These Hong Kong dollars have become low-cost chips for hedge funds to attack Hong Kong's financial markets, giving speculators favorable conditions for arbitrage in the foreign exchange market. And hedge funds buy a lot of forward dollars in the foreign exchange market to balance the risk.

The banks under the Wu family were already in the planning process at that time, taking a large number of Hong Kong dollar claims issued by the Hong Kong government into their own hands; this situation would lead to the emergence of ammunition for international speculators in this attack on Hong Kong's finance. insufficient.

On August 5th, international speculators officially showed their fangs and sold about 18 billion Hong Kong dollars; the Hong Kong Monetary Authority changed its passive approach in the past and used Hong Kong's fiscal reserves to absorb all the money to stabilize the foreign exchange market at 1 US dollar to 7.6 Hong Kong dollars. At the same level, the interbank market interest rate will neither rise nor fall.

In the trading room of Everbright Securities, a group of people are staring intently at the LCD monitor; at this time, securities trading is completely computerized.

Wu Guangyao and Wu Xianyi and their son also supervised the battle in the trading room, with the aim of boosting Hong Kong's stock market.

In this war, the Wu family has reached an agreement with the Hong Kong government and the mainland. The Hong Kong government is responsible for foreign exchange and stock indexes, and the Wu family is responsible for pulling up the Hang Seng Index.

Because August 28 is the settlement day of Hong Kong's Hang Seng Index futures, as long as Hong Kong's foreign exchange and stock market rise in August, the stock index futures of overseas speculators will definitely lose; Futures index short positions, as a result, even if they have a high rollover cost (transfer to September), and once the positions are usually closed, huge losses are inevitable.

On August 5, the stock market opened in the morning.

Wu Guangyao gave an order: "Place an order!"

The traders were busy and excited!

There is no way, the one behind is a great god, who seems to have retired in recent years, but this time it actually alarmed him;

Everyone is very confident that those foreign speculators will return feather yarn this time.

Wu Guangyao's father and son also had smiles on their faces. Those overseas speculators didn't investigate the strength of the Wu family this time. They were too careless!

The cash flow of the Wu family is similar to the foreign exchange reserves of the Hong Kong government ($100 billion);

Of course, only one-third of this money remains in Hong Kong, but this money is more convenient to use than the foreign exchange reserves of the Hong Kong government!

In the previous life, the Hong Kong government won this financial defense war, and the funds used were less than 15 billion US dollars!

At this time, the Hang Seng Index was around 10,000 points, down 2,000 points from its peak in 1997;

Because the front is not a decisive battle, and the Hong Kong government has not joined in, so Wu Guangyao will naturally not excessively participate in the previous activities of overseas speculators to suppress the Hang Seng Index;

But some rescue measures have also been taken, otherwise the Hang Seng Index will never have 10,000 points;

In the previous life, Hong Kong's Hang Seng Index was more than 6,000 points in early August, and it was 10,000 points in 1997. Before the decisive battle, it fell by more than 3,000 points.

In this life, the appearance of Wu Guangyao has changed the economic structure and volume of Hong Kong, so there is a 20% increase.

This behavior of the Wu family also makes overseas speculators feel that the financial strength of the Wu family is not that strong, so this time they are full of confidence.

As the buy orders of Everbright Securities went down one by one, the Hang Seng Index began to climb sharply—10050 points...10100 points...10180 points...10230 points...

At the close of the afternoon, the Hang Seng Index was pushed up by 10,300 points, instead of falling, which surprised all financial people.

.....

"Sheet, that one shot!" Soros had a dignified expression on his face. No one in the financial circle knew the power of the Guangyao Family Office, and none of the Wall Street tycoons and the Rothschild family did not eat in this family office. a loss.

"Then what should we do?" A subordinate said in panic as if he had met the future.

"What else can we do? We can only continue to sell the Hong Kong dollar and suppress the financial market in Hong Kong! You go to several media to spread some unfavorable news, and I will contact other speculators. Let's work together and make sure that before the trading day of the futures index, Hong Kong's financial Defeat, otherwise we will have a lot of losses." Soros said with a steady expression.

This time, it is the international speculators who are careless!

Everyone was invincible in Southeast Asia and Japan, and immediately despised Hong Kong, and then came to Hong Kong with a great victory;

In addition, in the first half of the year, everyone achieved some small achievements, so they were a little complacent!

Now, as soon as the experts make a move, these speculators panic.

....

The Wu family did much more than that. On the TVB News that night, various Hong Kong experts took turns to sing about Hong Kong's economy;

"Those international speculators have completely gone to the wrong place this time. Hong Kong is not another country or region. Hong Kong's economic and industrial structure is very complete; especially in the field of science and technology, the electronics industry, the field of automated machinery, and the field of biology are all at the advanced level in the world. ; The real economy and finance have jointly formed a strong Hong Kong, so this time international speculators are doomed to fail!" an expert said confidently.

"The mainland has already expressed its full support for Hong Kong. The mainland's foreign exchange is 130 billion US dollars, Hong Kong's foreign exchange is 100 billion US dollars, and the combined funds have exceeded Japan's total foreign exchange volume of 205 billion US dollars, ranking first in the world.. .." An expert analyzed the strength comparison.

"Some blue-chip listed companies in Hong Kong have announced to increase their holdings in the company and decided to pay dividends for half a year. This is why the Hang Seng Index rose today..."

"Dear investors, don't throw away the chips in your hands, because then you will lose a lot of interests!"

That night, the public opinion circles in Hong Kong seemed to have a unified voice, that is, to sing the Hong Kong financial defense war well.

There is even news from a mysterious person that the Wu family has begun to enter the market, and the scale of funds is far greater than the sum of national speculators.

For a time, the superiority of Hong Kong people came out!

At this time, Hong Kong's per capita GDP ranks first in the world, and technology and finance are equally developed. Backed by the market of hundreds of millions of people in the motherland, Hong Kong has long had a strong self-confidence.

Some time ago, the Hong Kong stock market fell mainly due to the impact of the Southeast Asian financial crisis and the suppression of international speculators;

Now that someone has stood up, everyone immediately begins to burst with confidence.

......

On August 6, international speculators sold 20 billion Hong Kong dollars again, and the Hong Kong Monetary Authority made a new move - not only to accept all the bills, but also to deposit the absorbed Hong Kong dollars into the Hong Kong banking system - thus playing a role in stabilizing interbank lending rates , to prevent the stock market falling is inevitable once the one-bit interest rate is raised.

As the Wu family companies released good news that day—increasing their holdings and adding dividends, the citizens finally knew who had taken the shot, and their confidence was bursting immediately.

The Wu family is the optimist of Hong Kong's economy, far from being comparable to other families. This family has created Hong Kong's technology industry and brought this industry to a world-class level; all of this family's businesses have a large number of businesses abroad. Bring a lot of foreign exchange to Hong Kong.

There are only more than 6 million people in Hong Kong, but they have big companies that make those countries with hundreds of millions of people envy:

Xiaomi Electronics, Yaoshi Industrial, Universal Group, Baiyou Group, Cheung Kong Industrial (large overseas investment), Hutchison Whampoa......

On this day, the Hang Seng Index rose again, closing at 10,500 points.

The international speculators opened positions at 10,000 points, because they are short, and they are short with leverage, so there is already a lot of losses on the book;

Of course, if the delivery date has not yet expired, it cannot be considered a loss.

On August 7, several blue-chip companies announced their interim results, but it was some negative news. The Hang Seng Index fell into a long-short war. Fortunately, the Hang Seng Index finally stabilized and rose by 30 points.

From August 7th to August 13th, the Hang Seng Index was in a long-short war, but the result greatly disappointed international speculators, because it rose by more than 100 points, and the Hang Seng Index has reached 10,700 points.

On August 14th, the decisive battle officially began. The Hong Kong government officially participated in the stock market and futures trading, and the Wu family cooperated together; the two sides first absorbed Hong Kong's blue-chip stocks at any cost, and then a mysterious force also speculated on Hong Kong's small and medium stocks.

By the time of delivery on August 28, the Hang Seng Index was as high as 11,200 points.

And international speculators lost more than one billion US dollars, they either rolled to September, or immediately delivered.

But they were scared and had no intention of fighting in September, because the Wu family took action, and it was more ruthless than the Hong Kong government;

The Hong Kong government uses foreign exchange and needs to consider the issue of foreign exchange balance;

And the Wu family has no worries at all, tens of billions of dollars can easily be taken out, this time to absorb the shares of the Hong Kong company, the funds used are not even 10 billion US dollars, those international speculators are afraid!

.....

Hong Kong Monetary Authority

"Mr. Wu, thank you for your hard work this time. Otherwise, even if we defend the Hong Kong dollar, those international speculators will make a small profit. The important thing is that this time, because of your help, those international speculators will not dare to fight again!" Either way said.

When hedge funds attack Hong Kong's financial market, they are often subject to the traditional practice of Hong Kong's financial regulators - raising short-term loan interest rates.

Facts have proved that in the first three shocks (October 1997, January 1998, June 1998), the measure of the Hong Kong Monetary Authority was to increase short-term loan interest rates, and the chairman of the Hong Kong Monetary Authority, Ren Zhigang, was also jokingly called For "any trick".

Wu Guangyao said with a smile, "Hong Kong is the foundation of my family's business, and I want him to develop healthily even more than you officials!"

Any move hurriedly said: "Mr. Wu is joking, how dare I call you 'Master Official' in front of you, I'm just a civil servant serving Hong Kong's financial services!"

Seeing that he did not understand any joke, Wu Guangyao did not continue to joke!

.....

In September, the Hong Kong defense war ended completely, and Soros failed and returned. It is said that his Quantum Fund lost a full $500 million in this financial war, and greatly spit out the profits of Southeast Asia.

The British suddenly became sour. When international speculators attacked the pound, the British government used $7.7 billion to fight against the international speculators, and as a result, the international speculators made a lot of pounds;

Nowadays, international speculators come to Hong Kong with their victory in Southeast Asia, and they are beaten and fled;

This is a blow to British self-esteem!

......

Complete the book!