Reborn Tycoon Rise
Chapter 189: Long Oil
"Xu Sheng, I just received the news that the US government rejected Iran's Khomeini's extradition request." Wang Liming hurriedly walked into the office and said.
"Okay." Xu Zhi said with a smile: "Then we follow the plan and immediately start to go long in oil?"
Wang Liming asked: "Is Xu Sheng so sure that Iran will use the deadly weapon of restricting oil exports next month?"
Xu Zhi nodded and said: "Whether it's next month or not, the current relationship between the United States and Iran is not good. One is the world's largest oil exporter, and the other is the largest oil importer. If there is a conflict between them, oil prices will inevitably rise sharply. , these countries in the Middle East have already understood their capabilities from the last oil crisis, and I estimate there is a 50% chance that Iran will restrict exports!"
Wang Liming said: "Okay, I have split the US$100 million into 40 parts and contacted eight different international investment banks. As long as we sign, they will immediately release 5 times leverage to purchase oil futures according to our requirements."
Xu Zhi nodded and agreed: "Okay, get ready to do it immediately!"
Wang Liming said: "I understand, then I will go now."
"oil!"
Xu Zhi picked up a calligraphy pen and wrote these two big characters on a blank A4 paper. He had been bored recently, so he started to try to learn calligraphy. Although the handwriting was a bit poor, most people could recognize it.
I heard that as long as ordinary people can't recognize calligraphy, they can learn the calligraphy well.
Six years have passed since the first oil crisis, and many countries have healed their scars and forgotten the pain, but Xu Zhi knows that the second oil crisis is coming, and the trigger is the civil strife in Iran at the beginning of this year. Khomeini returned to Iran and became president.
The former president went to the United States for "medical treatment." Khomeini obviously refused to let this senior go, so he applied for the U.S. government to extradite the former president back to Iran, but was rejected by the U.S. government.
Therefore, in August 1979, Khomeini announced Iran's foreign oil embargo. In that month, the price of oil rose from US$15 to US$35, and the second oil crisis officially broke out.
In fact, the entire process of the oil crisis was not a continuous rise, but a game of multiple forces. Xu Zhi only knew that oil prices would skyrocket in the first month, so as early as the beginning of the year, he arranged for Wang Liming to slowly take over from Midea. $100 million was gathered.
In order to raise this money, the purchase of prime land in Mong Kok District and subsequent construction costs were all loans from Standard Chartered Bank. However, this is normal. The real estate industry generally uses bank funds.
After the US$100 million was in place, Xu Zhi arranged for Wang Liming to start buying oil futures. When conflicts between the United States and Iran arise, he can immediately prepare to be long in oil.
During this period, except for the US$100 million, other funds were used to acquire the stocks of Hutchison Whampoa, Cheung Kong Holdings and Wharf. By this month, Xu Zhi’s equity in Hutchison had reached 13%, and Cheung Kong Holdings’ 10.2%. Wharf is 6.6%.
At the same time, just this year, several new buildings were opened in Taikoo Shing, and Xu Zhi also arranged for people to buy two of them. Although housing prices in Xiangjiang will fall in 1982, Taikoo Shing is located in a prosperous area and is one of the most popular buildings in Hong Kong Island. There are not many high-end communities. Once you miss the opening opportunity, even if you have money, you may be able to buy one or twenty units in the future, but the opportunity to buy two buildings like now will never be available again.
Although Midea's arcade profits are high, after taking away US$100 million, a large amount of cash was mobilized to acquire stocks and buy a large number of properties. There is not much liquidity left, and the best time to cash out gold futures has not yet come.
In the next few months, Xu Zhi will still need a lot of funds, so at this time, going long oil is the best choice!
Historically, oil has risen from US$15 to US$35. As long as the current control is good, hundreds of millions of US dollars can be earned in a month. Xu Zhi is not willing to let go of this opportunity to pick up diamonds under a lantern.
…
"Sheng Bao, your office is really simple. Isn't it worthy of your status as the richest man in China?" Xu Zhi said, looking at the office in front of him.
Invited by the Charter King, Xu Zhi came to the Prince's Building in Central, which is the headquarters of Bao Yugang's Global International in Hong Kong. It is also the property of Bao Yugang's old enemy Land. Comrade Lao Bao rents the property of Land and then wants to rob it. Land's core asset, Wharf, is indeed very interesting!
Bao Yugang smiled and said: "I only have one mouth to eat and one bed to sleep on. Why do I need so much luxury?"
Xu Zhixiao asked: "Then what do you do to make so much money?"
"Haha, just to make money!" Bao Yugang replied with a smile. After drinking a cup of tea, he asked: "I heard that Xu Sheng is planning to buy the Golden Gate Building?"
"Bao Sheng's news is also very sensitive!" Xu Zhi smiled and said: "I originally had this plan, but later I gave up!"
Although no press conference was held for the investment in Jianning, Chen Songqing still secretly released the news. Real Estate was furious when he found out. However, Xu Zhi had given up the acquisition, and Bao Fuda's illusion of two parties competing to make a profit was also shattered, so he could only renew his relationship with Chen Songqing started negotiations!
Bao Yugang nodded and said: "It is also my dream to buy a building in Hong Kong Island. Unfortunately, due to the Wharf, the capital turnover has been difficult recently, otherwise I would have wanted to buy it."
Xu Zhi said with a smile: "Landmark wants to sell the Kinmen Tower just to raise funds to fight for the Wharf. Are you not causing trouble for yourself, Mr. Bao?"
Bao Yugang smiled and said: "These are two things. Even if I don't buy it, others will buy it. Land can still raise funds. This kind of good thing is not as good as being cheaper for me.
And believe it or not, if I really go to buy it, people like Newbijian may not refuse it! In business, there are no permanent enemies. "
"Yes." Xu Zhi nodded. In later generations, after Bao Yugang captured Wharf, only a few months later, Wharf and Land Group joined forces to cooperate again. There may be ideas to improve the relationship, but in the face of interests, there are no enemies. No friends either.
Bao Yugang sighed: "Actually, I had a better opportunity before, but I wasted it!"
Xu Zhi asked: "What opportunity?"
"I'm afraid you'll laugh if I tell you." Bao Yugang shook his head and said with a bitter smile: "Five years ago, in 1974, the Kangle Building had just been completed. At that time, Henry Keswick was still the chairman of Jardine. He came to me and told me I am willing to exchange the Connaught Building for a 200,000-ton oil tanker in my possession!"
"Connaught Building!" Xu Zhi exclaimed: "That is a prime location in Central!"
"Yes!" Bao Yugang said regretfully: "It's a pity that I rejected this request at that time. At that time, the real estate crisis in Xiangjiang and housing prices plummeted. The value of one of my 200,000-ton oil tankers was worth two Kangle Buildings.
I missed this opportunity at that time, and my years of work were really wasted! "
"If you had agreed, Mr. Bao, you would have made a lot of money." Xu Zhi couldn't help but feel it was a pity. Now it is estimated that the same ship is not even 1/5 of the price of Kangle Building.
"Okay, let's not talk about this!" Bao Yugang said: "I just got the news that the mainland has agreed to our construction of a five-star hotel in Shenhai City. Xu Sheng, you should also know it, right?"
"Yes!" Xu Zhi nodded. Just yesterday, the vice president of Xinhua News Agency came over to inform him of this matter. Unfortunately, there was no response about the golf course. Xu Zhi contacted Secretary Zhang of Shenhai City by phone and found out that the matter had been stuck at the top, and many people in the province even opposed it.
But they are not worried about the Xu Zhitun land. In this era, it is true that mainlanders value land, but at this moment, the mainland has no idea of developing a real estate economy. What they are worried about is whether this capitalist game will affect the development of the country.
Bao Yugang said: "Since you, Xu Sheng, have decided to be the majority shareholder of this hotel, you have to take full responsibility for this matter. Lao Huo and I are just making an investment."
Xu Zhi nodded and agreed: "No problem, I will give you two a review after the design bidding is completed."
Bao Yugang nodded and said: "That's fine. You will be in charge of this hotel. Lao Huo and I went to the mainland some time ago. We are ready to invest in new projects!"
Xu Zhi asked: "What project?"
Bao Yugang said: "Lao Huo went to Yangcheng. He found that although the guest house there was better than Shenhai, it was still not enough. In addition, the mainland government had decided to build a joint venture five-star hotel in Yangcheng, so he came here Get involved!”
"That's it!" Xu Zhi nodded. This should be the White Swan Hotel in later generations, but I don't know if the name and location will still be the same. Then he asked: "Sheng Bao is also planning to build a hotel?"
Bao Yugang waved his hand and said with a smile: "I'm not very interested in investing in hotels. I went to my hometown of Ningbo and found that the coast there is very deep and very suitable for building large ports, so I built it here and there." A port!”
Xu Zhi said in surprise: "Port? This is a big investment!"
Bao Yugang smiled and said: "No, it's just a small one. Large-scale port investment requires the approval of the central government, and the funds required are too large, and I can't come up with it!"
"That's okay. With the current economic situation in the mainland, there is no need for large ports." Xu Zhi nodded and said. Before the large-scale rise of private enterprises and foreign-funded enterprises, the mainland's economic exports were not active, and there was no need at all. Build large ports.
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