We're building a super chaebol in Hong Kong

After handing over the follow-up matters of Jiayi Television to Yang Chaoye, another day passed, and Su Cheng received news from the Shipping King that he had tallied the quantity of crude oil available for sale in various locations, as well as the lowest possible prices.

Without a second word, Su Cheng went directly to the headquarters of the Shipping King's Global Shipping Group.

The 18th floor of the Wheelock House in Hong Kong was home to the reception room of the famous Shipping King, Bao Yugang, at the Global Shipping Group headquarters.

The spacious reception room appeared to be at least 300 square meters in size.

However, it did not feel empty, as it was decorated very beautifully.

The chandelier on the ceiling was very luxurious.

From the reception room, looking out of the building, one could see the prosperity on both sides of Victoria Harbour.

In the front of the reception room were two separate sofa chairs.

On either side, against the walls, were also arranged a dozen or so sofa chairs, with a beautiful potted tree placed between each sofa chair.

On the front wall of the reception room, large photographs of the Shipping King meeting with dignitaries from various countries were particularly eye-catching.

These dignitaries even included the President of the United States, the Queen and Prime Minister of England, the President of France, and so on.

This showed how high the Shipping King's status was in the world!

Standing in the reception hall, looking at these photos, Su Cheng felt a surge of heat in his heart, and also gained a goal: in the future, he would also have such a background wall in his own reception room, as it was truly capable of demonstrating one's status.

"With Mr. Su's current abilities, it will be easy to achieve a status like mine in the future. It's just that Mr. Su is still young, and his reputation is still on the rise. In another two or three years, the whole world will know about you, this super-rich man, and you will be respected wherever you go, just like me," the Shipping King said with a smile, seemingly seeing through Su Cheng's thoughts.

The Shipping King had been in business for many years, and his assets and reputation had been accumulated step by step.

Unlike Su Cheng, who was like an overnight rich man, originally unknown, suddenly emerging.

"I still have a lot to learn from Mr. Bao," Su Cheng replied humbly.

After the two sat down, a hostess came in and poured each of them a cup of tea, and placed the teapot on the warmer in the middle.

"Please go out first, no need for you to pour tea here," the Shipping King signaled the hostess to leave.

After all, they were discussing important matters, and it would not do to have an ordinary employee serving here.

"Okay, Chairman. Please call me if you need anything," the beautiful hostess respectfully exited the reception room.

After the hostess closed the door, the Shipping King directly handed Su Cheng a piece of paper and said, "This contains the information I obtained after consulting with heads of state from various countries. I originally thought it would be impossible to gather so much crude oil, but their inventories turned out to be surprisingly large."

Su Cheng took the paper and began to read.

Kuwait, 25 million barrels of crude oil available for sale, priced at $12 per barrel;

Saudi Arabia, 38 million barrels of crude oil available for sale, priced at $12 per barrel;

United Arab Emirates, 15 million barrels of crude oil available for sale, priced at $12 per barrel;

Venezuela, 18 million barrels of crude oil available for sale, priced at $12 per barrel;

Iraq, 32 million barrels of crude oil available for sale, priced at $12 per barrel;

Canada, 34 million barrels of crude oil available for sale, priced at $11 per barrel;

From the information on the paper, it could be seen that, apart from the United States, China, and the Soviet Union, the Shipping King had asked almost all of the world's dozen or so major crude oil producing countries.

The final amount of crude oil available for immediate sale reached nearly 200 million barrels.

Moreover, Su Cheng also noticed a phenomenon: the oil prices of OPEC member countries were higher than those of non-OPEC member countries, basically benchmarked against international oil prices.

"Actually, international demand for crude oil has remained very stable since the last oil crisis, and these oil-producing countries usually produce more crude oil than is demanded, which leads to a surplus of crude oil production.

Some crude oil producers even put the produced crude oil directly onto super-large crude oil tankers and let them anchor on the sea. After the crude oil on these ships is sold, the oil tankers will directly sail to the buyer's location. For example, my company currently has more than 20 super-large crude oil tankers leased by these oil-producing countries to store crude oil," the Shipping King said while Su Cheng was looking at the information.

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"Mr. Bao, thank you so much. I've roughly estimated that I should buy 170 million barrels of crude oil. Once I've confirmed the final list of partners and reached a deal with them, I'll have to trouble your Global Shipping Group," Su Cheng said with a smile.

He was very satisfied with this information sheet.

As for whether the Shipping King made money in the middle, he didn't care. These prices were still considered satisfactory. Even if he wanted to earn a middleman's fee, it wouldn't be much. The Shipping King shouldn't be doing these things for that little bit of money.

He had roughly calculated that buying 170 million barrels of crude oil was the most suitable.

He had about 10 billion Hong Kong dollars on hand, which translates to about 2.1 billion US dollars (the current exchange rate between Hong Kong dollars and US dollars is about 4.7 to 1), and the funds for 170 million barrels of crude oil are about 2 billion US dollars. The remaining 100 million US dollars can be used to pay for oil tanker freight and the construction of oil storage tanks, reserves, etc.

Therefore, this crude oil information that the Shipping King gave him this time was simply a treasure to him.

The Shipping King is a very useful friend, worth befriending!

"This is not a trouble at all. Our Global Shipping Group would love to have such cooperation all the time. If Mr. Su has any problems in the future, you can contact me at any time. I have relatively good relationships with the leaders of these countries," the Shipping King said with a hearty laugh.

"Okay, if I have any problems, I will contact Mr. Bao at any time. I hope Mr. Bao won't mind me troubling you then," Su Cheng also nodded with a smile.

Next, the two shifted the topic from crude oil to other areas.

"By the way, Mr. Bao, how is the situation on your side at Wharf?" Su Cheng suddenly asked.

The competition between the Shipping King and Jardine Matheson had been going on for more than two months, and it seemed that it was beginning to show results.

After all, in this world, influenced by Su Cheng, the shareholding structure of Wharf is completely different from the historical trajectory of the previous life.

With the help of Su Cheng and HSBC Bank, it was believed that it was only a matter of time before the Shipping King took down Wharf.

"Basically, I have already grasped the initiative in Wharf. I might as well tell Mr. Su that just yesterday, under the guidance of Mr. Shen Bi, two shareholders of Wharf, holding a total of 8.5% of the shares, have reached an agreement to transfer the shares to me. If the Wharf shares in my hands already exceed 40%, Jardine will basically not be able to compete with me," the Shipping King said with a smile.

In order to take down Wharf, the Shipping King had spent a lot of money during this period. Not only had he spent all of his liquid funds, but he had also borrowed a sum of money from HSBC Bank. However, hard work pays off, and he had also realized his wish, finally about to take down Wharf.

The next thing was very simple: continue to negotiate with Jardine Matheson. When Jardine Matheson found that it could no longer control Wharf, it would definitely withdraw from Wharf.

"Mr. Su, would you like Wharf's shares?" Suddenly, the Shipping King seemed to have made up his mind and asked Su Cheng.