Reborn in Hong Kong: The Tycoon Grows Up
Chapter 1430 Tycoon in action
Hearing this, Li Chaoren also felt that it made sense. I had previously invested in the Middle East, especially Iraq; wasn't it because I was worried that my country was not safe and that a war might break out at any time? However, as the Middle East became peaceful and the Iran-Iraq War consumed huge amounts of national power. At this time, we are definitely not thinking about revenge and war, developing the national economy and increasing people's income; that is the main theme.
Although Bao Zixuan is very radical and bold, Mitsubishi Group and the Iwasaki family are very calm beings. Their investments have been very sound over the years and they have never made any mistakes. Now they dare to invest in Iraq, which shows that there must be places in Iraq worthy of their investment.
Among them, oil is a topic that cannot be avoided, otherwise who would want to go to a place where birds do not shit.
Mitsubishi Group's past investments are not foolproof, but at least the probability of failure is very small. If you don't seize this opportunity, it will be too late to regret it. Although the project is good, it is not suitable for the Li family because they have better choices!
Li Chaoren: "Li Sheng invested in the Middle East, but I will not participate. Although I am planning to enter the oil field, it is not the Middle East. I hope you can understand. And I feel that at this time, investing in oil in the Middle East has already lost the opportunity; it is better to Try your luck elsewhere, maybe the results will be better.”
Hearing this, Li Zhaoji immediately understood what it meant. It seems that Li Chaoren is preparing to take action against Husky Oil Company.
In his previous life, in 1986, Li Chaoren acquired 52% of Husky Energy's shares for HK$3.2 billion; before that, Li Chaoren first invested in the Royal Bank of Canada and took 9% of the shares. Later, it was the Royal Bank of Commerce of Canada that made the connection and gave Chao Li the opportunity to invest in Husky Energy.
At that time, Li Chaoren believed that Husky Energy's losses were mainly due to the sharp drop in crude oil prices, rather than problems with the company itself. As long as oil prices rise, Husky Energy will remain a good company. Based on this consideration, the Li family boldly bought Husky Energy, which was suffering losses at the time.
Later, the price of crude oil rose sharply, Li Chaoren was indeed a great success, and Husky Energy became a cash cow. Over the years, Li Chaoren has not cashed out his shares in Husky Energy. Instead, he has continued to increase his holdings, increasing his shareholding from 52% to 71%. Husky Energy's annual dividends are also very high. Over the past 30 years, Li Chaoren has received a total of HK$54.2 billion in dividends from Husky Energy.
It can be said that this is definitely an investment with a very high return rate. Even Li Chaoren himself believes that this is one of the greatest investments in his life. Moreover, in order to acquire Husky Petroleum Company, the Li family began preparations several years ago. Now it is definitely unrealistic to ask people to give up on the Middle East.
Since partners can't get through here, you can look for others. However, Charter King and Zheng Yutong were instinctively excluded. First of all, these two families are not having an easy time; they may not be able to come up with much funds. The most important thing is the conflict with Bao Zixuan, which can't be reconciled at all.
If you take these two people with you to Iraq, Richest Man Bao will never look good on you; let alone help you matchmaking, he will already be a noble person if he doesn't cheat you.
Li Zhaoji said with a smile: "Li Sheng still sees things thoroughly, which strengthens my determination to invest in oil."
Everyone needs energy, especially after entering modern society. Bao Zixuan is working hard in the Middle East just so that others can exploit oil! Otherwise, who would want to go there? Not only is the weather hot, but there is also a serious shortage of water. Even building a factory is estimated to be several times the cost elsewhere.
Li Chaoren went to Canada for oil, didn't he? Two of the smartest entrepreneurs in Xiangjiang are optimistic about projects. Then he must not let it go, and even increase the intensity.
Li Chaoren doesn't want to go to the Middle East because he has other options; but he can't. You must find someone to join you, otherwise you will be weak and the Middle Eastern royal family may not be able to give you face. After thinking about it, maybe Guo Desheng is a good partner.
After Lee Shau Kee left the bank, he immediately came to the Sun Hung Kai Properties headquarters. Guo Desheng felt a little baffled by this person's arrival; after all, the relationship between the two parties was very complicated.
Guo Desheng was the first to get involved in real estate management. He established "Yongye Enterprise" with Feng Jingxi and Li Shauji, and became the famous "Three Musketeers". In 1963, the "Three Musketeers" each spent HK$1 million to establish Sun Hung Kai Holdings and enter the real estate market in a big way.
From 1965 to 1972, Sun Hung Kai's sales were approximately HK$567 million, with an average annual revenue of HK$70 million. With the booming property market, Sun Hung Kai has quickly become one of the largest real estate developers in Hong Kong. In 1972, Sun Hung Kai's shares were officially listed. Fung King Hei and Lee Shau Kee decided to set up a separate business, and Sun Hung Kai became the exclusive property of the Kwok family.
The two are definitely old acquaintances, and they have worked together more than 20 years ago and know each other very well. Moreover, because Guo Desheng followed Bao Zixuan’s advice, China used to produce edible oil; now his status is definitely different. The cooking oil in Xiangjiang, and even the entire Southeast Asia, is basically controlled by the Guo Desheng family.
Guo Desheng's strength is not bad, and his relationship with Bao Zixuan is also good. So the question is very simple. Investing in oil in the past might really give you face.
As an old acquaintance for decades, Guo Desheng still knows Lee Shau Kee relatively well. The old boy is the master who always goes to the Three Treasures Palace, so there must be something important when he comes here. If it's a small matter, based on the relationship between the two of them, it can be settled with just one phone call, and there's no need to go there in person. As for coming to visit old friends, no one is that free.
Guo Desheng smiled and said: "Li Sheng, we haven't seen each other for a long time; what kind of wind brought you to me today?"
They are all old acquaintances and understand each other; there is no need to hide and tuck them in, it is better to go straight to the point.
Li Shauji: "I came here this time to invite Guo Sheng to invest in the Middle East; I don't know if the Guo family is interested."
Hearing this, Guo Desheng immediately understood what it meant. Lee Shau Kee wants to enter the energy field, otherwise he would never think about going to the Middle East. What is there in that place? If real estate is developed there, the houses will definitely not be sold.
This is when I heard that Mitsubishi of Japan had also obtained the oil exploration rights and wanted to get a share of the pie.
Guo Desheng said very seriously: "Li Sheng, it's not that the Guo family doesn't want to go, it's just that they don't feel that there is a good opportunity. Everyone knows that in the past, oil exploration in the Middle East could make a lot of money, but there was no way. And the Middle East countries, why should we Make money in business; leave it to us. There are too many choices in the world, and Hong Kong companies do not have the upper hand."
"People give Bao Zixuan and Heiyun Group face because they have other industries to support them; but we have nothing except real estate development. In the past, we always had to find an excuse, otherwise the Middle East countries would never let us enter."
The three people worked together, and finally the company belonged to Guo Desheng. This in itself is enough to show that at least in terms of strength comparison at that time, the Guo family must have had the advantage. Although strength is not necessarily directly proportional to ability, it can also explain many problems in disguise. At this time, Guo Desheng, combined with his age, still has certain advantages over Lee Shau Kee.
Lee Shau Kee: "I definitely can't do it alone. If a group of rich people from Hong Kong were to go there, I believe the Middle East royal family would also consider it carefully. And we don't have any advantages; first of all, there is no shortage of funds; we would not short-sell the White Wolf in the past. Secondly, our investment is pure and there are no political factors involved.”
"If Bao Zixuan is included to help, maybe things can really work out. Even if it doesn't work out, it doesn't matter; it's just an ordinary inspection to make reserves for future investments."
Hearing what Lee Shau Kee said, Guo Desheng felt that it really made sense. After all, the Chinese capital in Xiangjiang is earned through hard work and never any other factors. No matter where investment was made in the past, it could not come with political strings attached. This is the favorite capital of all countries, and there is no pressure to attract investment.
Guo Desheng said with a smile: "Li Sheng really has an idea. Even if the investment fails, it doesn't hurt to go and have a look; what do other people say!"
This is obviously a heartbeat. As long as Guo Desheng is dealt with, it will be easier for others to deal with. Your own qualifications and prestige are one thing; the most important thing is that your reputation as an honest businessman will still win the trust of everyone.
Lee Shau Kee: "Li Chaoren has already started to develop the oil industry in Canada. You must have heard about it. Therefore, he will not go to the Middle East. As for other people, I believe they will be very interested in investing in oil in the Middle East."
"I will convene everyone to discuss and see what your opinions are. As for Charter King and Shark Dantong, it's best not to involve them; after all, we have to ask Bao Zixuan to bridge the gap to avoid unnecessary misunderstandings."
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