The birth of the Hong Kong Island family
Chapter 395 [Oil spot]
Stimulated by various 'rescue' measures, the Hong Kong stock market finally rebounded from the low (686.03 points) on May 9 and rose to 762.45 points on May 14. Hong Kong Governor MacLehose publicly stated on May 18 The Hong Kong stock market has returned to normal, causing the stock market to rise further to 861.54 points on May 21.
However, this short-lived rebound wave lasted less than two weeks. On May 22, the stock market turned around and fell again under the influence of "big bookmakers" taking advantage of the rebound momentum to "ship in large quantities."
In view of the situation when the stock market fell sharply, investors one after another tried to 'take advantage of the low' but later became 'trapped' and became 'hairy crabs' (those trapped in holdings), "Sing Tao Daily" humorously described this batch of stocks 'Hairy Crabs' are divided into four levels to illustrate the dilemmas they face.
Hairy crabs in the stock market can currently be divided into several levels: those purchased when the Hang Seng Index is over 1,700 points are called the first level; those purchased after the index fell by 1,500 points are called the second level; those purchased after the index fell by 1,500 points are called the second level; When it reaches around 1,000 points, it is considered safe to buy, which is called the third level; when it falls below 800 points, it is believed to be an opportunity to "take out the goods" and buy without hesitation, which is called the fourth level.
Because this decline seems to be endless, those first-level 'tied people' have no way to recover and are destined to lose; many second-level buyers also give up because of the poor situation. Traitors... As for those third- and fourth-level victims, they were originally the "martyrs" who supported the stock market in the "bad market", and believed that buying stocks in this index would never "lose their hands"; They even thought that if their 'line of defense' was secure, they would gradually attract the interest of other buyers and form a kind of 'acceptance' to reverse the decline. Unexpectedly, they were also caught by mistake, which was even more chilling. They always regarded the stock market as a trap of "keep away from strangers", and the stock market could not afford to suffer, with many stocks falling below their lowest prices.
——"Sing Tao Daily" May 28, 1973
In the conference room of Universal Group, Lin Zhichao was holding a meeting with senior executives.
In the past two years, Universal Group has brought Lin Zhichao a profit of HK$2.4 billion.
Among them, 1.8 billion was purchased in gold (at a cost of 60 US dollars per ounce). Lin Zhichao planned to wait for gold to reach 180 US dollars per ounce before selling it (currently 110 US dollars per ounce), which would be around the end of next year (1974), after US inflation eased. As for the remaining 600 million Hong Kong dollars in profits, they are all stored in the account.
In the next five years, there will be a profit of 1 billion to 1.2 billion every year, and in five years it will be a profit of 5 billion to 6 billion.
Lin Zhichao asked: "How many oil tankers can we mobilize at present?"
Feng Yongfa immediately said: "Currently we have 36 100,000-ton oil tankers, which are under maintenance, port docking, and one-way short-term rental. All arrangements will be in place within two months at the latest."
This was something arranged by the boss, so he naturally did it.
Lin Zhichao nodded and asked Bobby Blair: "Is the communication with the Middle East good?"
Bobby Blair said: "Well, we have negotiated to purchase 26 million barrels of crude oil in the name of the Singapore joint venture refinery. The unit price is US$3 per barrel. It is slightly more expensive than other oil companies, but we can import crude oil for us at any time."
One ton of oil is seven barrels, and the price of a barrel of oil is less than 3 US dollars. Bobby Blair must have given benefits to Middle Eastern officials, so the cost is 3 US dollars per barrel.
As for purchasing in the name of Singapore Refinery, that is nothing more than a cover-up.
Lin Zhichao said: "Okay, this time Vice President Bobby will be in charge. After filling these 36 oil tankers for me, find a port for me to dock and wait for the price of oil to rise. Remember, the sailors of each oil tanker are not allowed to leave the docked area." Ports have to consider costs and risks."
Bobby Blair said tentatively: "Boss, even if the price of oil increases, it will only increase by 1 to 2 US dollars per barrel at most. This gamble seems to be completely uneconomical. If our oil tankers are leased for a long time, it will cost at least 1 to 1.2 million US dollars per year." Dollar profit.”
Lin Zhichao smiled and said: "Don't worry, we will definitely earn more than 1 US dollar per barrel, we will see!"
Although Bobby Blair was curious, he did not continue to ask. The situation in the Middle East was indeed unstable this year, but he couldn't understand how the oil-producing countries in the Middle East dared to double the price?
In the past, the price of oil per barrel was 1.7 to 2 US dollars. Since the 1970s, oil-producing countries in the Middle East have requested price increases, and it has risen to 2.8 US dollars per barrel.
Therefore, Bobby Blair still dare not think too much.
Lin Zhichao has calculated that crude oil will soar to more than 11 US dollars in November this year, so he can earn 8 US dollars per barrel of oil, and 56 US dollars per ton of oil. And now it has more than 3.6 million tons. Even after deducting port and operating costs, it can still earn 180 million US dollars.
As for these 36 100,000-ton oil tankers, because they are "small tonnage" oil tankers and are 10-year-old second-hand ships, they will only earn 1.2 million US dollars in one year. Now, if you speculate in crude oil, you can earn more than 5 million US dollars a year from one vessel, which is definitely a very cost-effective deal. Moreover, he can also earn shipping costs.
When this batch of crude oil is sold out and the oil crisis is almost over (more than half a year later), these 36 ships will continue to be leased for five years and can still earn US$1 to 1.2 million per year.
26 million barrels of oil is about the same as the world's current daily production, that is, 30 million barrels of oil are produced in a day, but it only sells for 3 US dollars a barrel. Countries in the Middle East have been squeezed miserably by Western countries for the past 100 years.
Lin Zhichao is not greedy. After all, Universal Group's main business is shipping, and it cannot be too keen on speculating on spot goods. Therefore, one of the 50 VLCC/ULCCs of Global Group has not been moved, and all of them are leased to a few important customers on a long-term basis; there are also 15 oil tankers of 100,000 to 150,000 tons, which are also leased to old customers.
Lin Zhichao came to the administrative department of Golden Harvest Films in Kowloon. In addition, Golden Harvest Films also owns two studios in Kowloon and the New Territories, with a total of five studios. Among them, the New Territories studio is a leased land from the Hong Kong government and expires in 20 years. The Kowloon studio is the original Cathay Pacific "Winghua Studio" and owns the land rights.
In addition, negotiations are ongoing with the Hong Kong government for a 650,000-square-foot site in Siu Chi Sha, Tseung Kwan O. The Hong Kong government wanted to rent it to Golden Harvest Films as its headquarters studio, but Lin Zhichao insisted on purchasing the land.
The Hong Kong government's consideration is that it may develop Tseung Kwan O in the future. Selling such a large piece of land at a low price will not be conducive to future interests. What's more, the Hong Kong government has already suffered losses on the naval dockyard - selling too much land.
Golden Harvest Films, on the other hand, is building Asian Hollywood, making outstanding contributions to Hong Kong's cultural industry, and bringing huge dividends to Hong Kong's tourism industry; therefore, Golden Harvest Cinema is necessary to invest in all aspects.
Faced with Jiahe's reasoning, the Hong Kong government quickly changed its view and believed that "Oriental Hollywood" was very necessary. After half a year of negotiations, the Hong Kong government finally decided to sell the land for HK$12 million and position it as industrial land.
"boss"
Zou Wenhuai and Qiao Shan welcomed Lin Zhichao together. After all, he rarely came here, maybe only once or twice a year. More often, it was Zou Wenhuai and Qiao Shan who went to the Media Building to report on their work.
"Well, let's go to the office and talk first!"
Later, the three people came to the office.
Lin Zhichao asked with concern: "How is Bruce Lee's physical condition?"
Bruce Lee is now a cash cow for Golden Harvest. He has collaborated on six films, all of which have made huge profits. To maintain Golden Harvest, he has not hesitated to arrange full-time positions such as beautiful assistants and drivers. As for his physical condition, as early as 1972, I heard that Zou Wenhuai had symptoms such as headaches on the set.
Zou Wenhuai understood that the boss was not worried about Bruce Lee's health, but worried about whether there were risks in this cash cow.
He then said: "After a lot of effort, I asked him to go to the United States for a check-up. Then I prepared some medicine. Now, I am thinking about the script of the sixth movie, and I already have a preliminary draft."
To be honest, for a cash cow like Bruce Lee, even Zou Wenhuai's constant protection is worth it. When Bruce Lee makes a movie, the Hong Kong box office is second, and the most important thing is the overseas box office. The revenue is dozens of times that of Hong Kong.
Lin Zhichao said: "After this movie is shot, we don't need to rush him. The reason why we are pushing him for these two or three movies is because he urgently needs to prove himself in Hollywood and stabilize his position."
Zou Wenhuai said: "Yes! Now he has a place in Hollywood, which is the pride of us Chinese."
In this life, Bruce Lee's influence is much higher than in his previous life. He has already produced two more movies, and it remains to be seen whether he can produce a third one. After all, the accident happened next month in his previous life, and there should be some changes in this life. After all, at the urging of Zou Wenhuai, Bruce Lee underwent an examination in the United States and prescribed some medicines.
Later, Lin Zhichao asked Zou Wenhuai about a person: ". He should also be a martial artist. What is his name?"
Zou Wenhuai immediately said: "He seems to be a martial artist from the Hong family class. His name is Jack Cheng. He also served as a stand-in for Bruce Lee, I remember!"
Lin Zhichao nodded and said: "The image is good. We can cultivate him secretly for two years later and then consider praising him."
You must know that Jack Cheng had already gone to Australia to work as a chef in his previous life in 1974 or 1975. He was called back by Luo Wei to train him and recognized him as his son.
Zou Wenhuai didn't think much about it. The boss didn't seem to care about Jiahe Film's production business. In fact, many directors, actors, and screenwriters were familiar with it, and they should be paying attention secretly.
"No problem, boss, your vision must be correct!"
Lin Chi-chao said with a smile: "It's not that I have a good vision, the important thing is to formulate a good movie theme for each star. Bruce Lee's acting career is still narrow, and I'm afraid he will be tired of aesthetics in the future; Xu Guanwen is a nonsensical comedian, and he also has his own opinions; Sammo Hung It's a shooting star. Even if he can't become Wang Yu's first-class shooting star, there is still a box office market for this Jack. After training him for two years, you can try to train him into a humorous kung fu action style. This is a very promising actor. style."
Zou Wenhuai said with admiration: "Okay, I'll keep it in mind, boss."
How powerful is Jiahe Film at this time?
In the previous life, Shaw Brothers still had Li Hanxiang and Xu Guanwen's collaboration trilogy, as well as Li Hanxiang's "Feng Yue" film, and Chu Yuan's "Seventy-two Tenants" and other high-grossing movies; but in this life, these movies are all produced by Golden Harvest Films .
Chu Yuan originally came from D\u0026M Pictures. After Lin Zhichao moved into D\u0026M Pictures, he would naturally reassure these people, including Chu Yuan.
"When will "Seventy-Two Tenants" be released?"
"Next month (July)"
Later, Lin Zhichao, accompanied by Zou Wenhuai and Qiao Shan, visited the administrative department of Jiahe Film, which was a way of announcing that he was the boss of this company, otherwise many people would not know it.
"Boss, this is Mr. Guan Shan!"
By chance, he met Guan Shan who was coming, and Zou Wenhuai understood and introduced him.
Lin Zhichao immediately smiled and said: "Of course I know him. Mr. Guan was one of the most famous male stars in the 1960s. I have seen many movies?"
Guan Shan is indeed handsome. He is still considered a handsome and elegant man at the age of 40. No wonder he can give birth to such a beautiful daughter.
At this time, Guan Shan was immediately flattered. He did not expect to meet this great god today. He quickly stretched out his hand and said respectfully: "Hello, Sir Lin!"
"Just call me Lin Sheng, no one in the company calls me that!"
"Well, Lin Sheng!"
Immediately, Lin Zhichao and Guan Shan had a brief chat and learned that Guan Shan had now opened a film company. Lin Zhichao expressed that Jiahe Films wanted to cooperate.
Guan Shan immediately smiled and said: "Thanks to Jiahe's care, we are cooperating. Jiahe also invited me to film."
Lin Zhichao said: "That's good! Our Jiahe Film Company is like a satellite parent company, and it also has many satellite subsidiaries. This model is beneficial to everyone."
Guan Shan immediately praised Jiahe Films’ advanced model!
With Lin Zhichao in high spirits, Zou Wenhuai took the opportunity to invite everyone to have tea together. He thought Lin Zhichao admired Guan Shan very much, so he planned to match up with them. Little did they know that Lin Zhichao was extremely ambitious and cunning.
The few of them went to the office to drink tea and chatted happily. In the end, Lin Zhichao also asked Guan Shan for his business card.
After Guan Shan left, Zou Wenhuai said: "Boss, why don't you give him some support? You appreciate him so much!"
Lin Zhichao said without hesitation: "Our company is based on ability. It doesn't matter if I admire him. Just do what you want. Don't give him any special treatment. Of course, if he is just filming and acting, you might as well give him some roles. I think he Being able to play a role in a costume film in a blink of an eye can be regarded as expanding a variety of styles. Of course, I am definitely not talking about the protagonist, after all, I am so old."
Are you kidding? If you really support Guan Shan to become the big boss, wouldn't you be ruining your own plans, so you have to be careful about investing in movies; however, Golden Harvest Films can hire Guan Shan to film movies and give him some small roles to make a living.
Zou Wenhuai said immediately: "I understand what the boss means!"
He believes that Lin Zhichao is very principled. Work is work, and personal relationships are personal relationships. The distinction is very clear.
When Lin Zhichao was about to leave, Zou Wenhuai couldn't help but ask: "Boss, what's the outlook for the stock market? How about buying Jiahe stock at the bottom now?"
It turned out that in late February, Lin Zhichao allowed these subordinates to cash out at high prices and improve their quality of life.
Zou Wenhuai cashed out tens of millions of Hong Kong dollars alone and became a rich man. However, he still wanted to hold some Jiahe stocks, so he said it this way to avoid being misunderstood.
Of course, 75% of the shares of Jiahe Films are in the hands of Lin Zhichao, so there can be no misunderstanding.
Lin Zhichao said with a smile: "Golden Harvest has fallen by half. It is a relatively resilient stock, mainly because of its high box office revenue. However, my suggestion is that the market is still unstable, and Golden Harvest is about to invest in Tseung Kwan O Cinemas, and will not Dividends, etc., it is expected that next year will be a good time to buy at the bottom. You can decide for yourself about the specifics. I support you to hold the stock. After all, the dividends will be paid every year in the future and the appreciation of the stock will definitely be very considerable."
Zou Wenhuai immediately said sincerely: "Thank you, boss, for your advice!"
Lin Zhichao nodded. This subordinate was successfully subdued. Zou Wenhuai never dared to go out on his own again, because he understood the terrifying nature of Lin Zhichao, that is, his vicious vision. In addition, Jiahe was more domineering at this time than at the peak of Shaw Brothers movies.
The market value of Jiahe's listing was HK$200 million. Its peak value was HK$750 million, and it still has a market value of HK$400 million. The Hang Seng Index is still over 700 points, and it is possible that Golden Harvest Films will fall to 200 million next year.
Liao Cai would not have thought that Jiahe Film stocks were so cheap, and the profits were tens of millions every year, which was like cabbage.
However, sometimes when you sell Chinese cabbage, no one dares to buy it!
Guan Shan returned home. In fact, he and Zhang Bingqian were separated now, but after all, he had a two-year-old son to see, so he saw them occasionally.
At this time, Guan Shan had already cheated and was reported by the media. However, in this era, cheating on a man is really not a big deal. Instead, everyone blamed Zhang Bingqian for not being able to keep her husband.
this is the truth!
"Dad" Guan Jiahui happily greeted him.
"Um"
Guan Shan replied coldly and teased his son again, but even with his son, he teased him absentmindedly for a few times and lacked interest. It was true that he hoped to have a son back then, but he found that after his wife gave birth to a son, his life became even more tiring. At the same time, he lost the aura of Shaw Brothers' top star and was dissatisfied with Shaw Brothers' oppression, so he started his own business.
"Do you have any living expenses for us?" Zhang Bingqian said.
Guan Shan immediately became furious and shouted: "I only know money, money, money. When I come back, you will know how to ask for money."
Zhang Bingqian said unceremoniously: "I don't need money, how can I support my two children? Are they your children? You have money to give to that wild woman?"
The relationship between the two has broken down, and it is only a matter of time before they get divorced.
After arguing for a while, Guan Shan threw 2,000 yuan to Zhang Bingqian and prepared to leave angrily.
"That's it. You can't spend less outside and give us more living expenses."
Guan Shan pointed to his daughter's beautiful clothes and said, "You can't be more economical. Why does Jiahui want to wear such nice clothes? How can I make money if I don't socialize?"
Guan Jiahui suddenly felt aggrieved and tears fell from her eyes. Unfortunately, Guan Shan and Zhang Bingqian ignored her.
Zhang Bingqian said: "I'll dress her up nicely, and I'll have to find a rich man to be my husband in the future. Don't be like me, looking for a man like you who is worthless and irresponsible!"
Guan Shan was so angry that he wanted to slap Zhang Bingqian, but in the end he still had conscience and stopped for the sake of his two children.
"Don't tell me, I met a big boss today and he appreciates me very much. If I make money one day, I will divorce you!"
Deliberate humiliation!
Zhang Bingqian immediately said angrily: "It's just you!"
Guan Shan found it difficult to pay attention to her and then left.
The mother of three is left crying!
At the end of June, the market finally broke out about the problem of "companies encountering financial difficulties" due to the sharp drop in market value of companies. The first company to suddenly report financial difficulties was a financial investment company specializing in buying and selling stocks on behalf of clients, named Huali. Come to Financial Investment Company. It was reported that the company used customers' stocks as collateral without authorization when the stock market crashed to cope with its own insolvent financial crisis. When customers made complaints and the police came to investigate, the person in charge had "emptied the building and fled", which aroused great public concern.
Because investors were worried that companies would be in trouble (financial difficulties) one after another, they did not dare to hold stocks (stocks) for too long, and even sold them aggressively regardless of the consequences, causing the Hang Seng Index to fall further to 499.45 points on July 11. Hit a new low.
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