We're building a super chaebol in Hong Kong

#114 - Complete the task within 75 days

"Don't worry, Boss. I'm very familiar with these operations. I guarantee that we can massively acquire shares of Hong Kong Electric Group without anyone noticing," Zhang Qizheng assured confidently.

Su Cheng had a lot of faith in him.

Previously, Zhang Qizheng had completed the acquisitions of Kowloon Wharf and Hutchison Whampoa shares very well.

Now, Hong Kong Electric Group, which few people had their eyes on, should be even easier to acquire.

According to historical events, if Su Cheng didn't interfere with Hong Kong Electric Group, Jardine Matheson's Hongkong Land would launch a "dawn raid" in April 1982, massively acquiring Hong Kong Electric shares in the market.

Eventually, they would acquire 220 million shares of Hong Kong Electric, accounting for 34.9%, becoming the largest shareholder and controlling shareholder of Hong Kong Electric Group.

Until 1985, Hongkong Land fell into a debt crisis and ultimately had no choice but to sell Hong Kong Electric to Li Chaoren.

However, in this parallel world, the history of Hong Kong was destined to be changed. Jardine Matheson's Hongkong Land would no longer have the opportunity to acquire Hong Kong Electric Group, and Li Chaoren would not be able to reap the benefits.

Because Hong Kong Electric Group had been targeted by Su Cheng.

Could a company targeted by Su Cheng escape? Of course not!

… …

Time quickly came to August 5, 1978.

Today, the Hilton Hotel in Central, Hong Kong, gathered the heads of eight oil-producing countries.

They were naturally invited by Zhang Qizheng to sign contracts.

With such a large contract signing, it was impossible for Su Cheng not to attend. He would personally sign the contract.

Also present was Mr. Shen Bi, the taipan of HSBC Bank.

At this time, in a conference room of the Hilton Hotel, the heads of the trade departments of eight countries, including Kuwait, the United Arab Emirates, Iraq, Canada, Brunei, Oman, the United Kingdom, and Brazil, were present.

The heads of the major countries might be calmer, but the heads of the small and medium-sized countries were waiting for 10:00 AM with excitement.

Because the contract signing time was set for 10:00 AM on August 5th.

These heads had arrived in Hong Kong one or two days in advance to wait, and the heads of Brunei, Oman, and the United Arab Emirates had even arrived in Hong Kong as early as August 2nd to wait for the signing.

Although the crude oil sales market seemed stable, in reality, each oil-producing country had more or less inventory.

Now, if this transaction was concluded, their inventory could be reduced a lot or even cleared, which would bring a considerable income to the national treasury.

The total transaction of 1.859 billion US dollars, converted into Hong Kong dollars, was 8.7 billion.

In this era, this amount of money was a very large sum.

For example, Brunei's gross domestic product this year was only 1.942 billion US dollars. After they signed a contract with Su Cheng's Tianwen Petroleum Company today, they would reach a deal of 84 million US dollars, which was equivalent to 4.3% of their gross domestic product.

At 9:50 AM, Su Cheng and Zhang Qizheng arrived late at the conference room.

Seeing Su Cheng, the heads immediately perked up and greeted Su Cheng one after another.

Although they laughed at Su Cheng's behavior of hoarding oil behind their backs, it did not prevent them from wanting to earn Su Cheng's money.

"Welcome everyone to Hong Kong. Please forgive me if there is any inadequate hospitality. Then, let's get straight to the point and sign the contract," Su Cheng said with a smile.

Around the circular conference table, everyone sat down, each with an empty chair between them. In front of them, there was a contract.

Of course, the contracts between each other could not be viewed. The price had to be strictly kept confidential.

The contracts of each country were basically the same except for some deviations in price. For example, after signing the contract, Su Cheng needed to pay 30% of the deposit to their account. After all the crude oil was shipped, Su Cheng would settle the remaining funds.

And if either party breached the contract, they would need to compensate 50% of the total transaction amount.

Therefore, as long as the contract was signed, Su Cheng basically did not have to worry about any future troubles with this transaction.

Worried that these countries would default and refuse to pay after breaching the contract?

No need to worry. If they defaulted for this money, their reputation would be ruined. Therefore, no country would breach the contract for this small amount of money.

In front of Su Cheng, there were also eight contracts. After he signed them, he would exchange contracts with the trade heads of the eight countries, and then sign and stamp the other contracts, and the contracts would be considered signed.

The contract signing went smoothly. Afterwards, Su Cheng took photos with them one by one.

"Mr. Shen Bi, this 30% deposit will be handled by your HSBC Bank," Su Cheng said to Shen Bi with a smile after signing the contract.

"Mr. Su, please rest assured. I have already contacted HSBC Bank by phone, and they are already processing the transfer," Shen Bi nodded and said.

These were all agreed in advance. For the sake of safety, the 5 billion Hong Kong dollars that Su Cheng borrowed would be transferred by HSBC Bank.

Su Cheng didn't care about this, but felt it was convenient for him.

Soon, the heads of the trade departments of various countries received a notification that they had received the deposit.

In this way, everyone happily bid farewell to Su Cheng. The mission to Hong Kong was considered complete.

Su Cheng, holding eight contracts in his hand, also left the Central Hilton Hotel with a happy mood.

That noon, Su Cheng contacted the Ship King again.

Still in the reception room on the 18th floor of the Wheelock House in Hong Kong, Su Cheng met with the Ship King.

"Mr. Bao, then the crude oil transportation will be entrusted to you. Later, I will have Mr. Zhang Qizheng, the general manager of Tianwen Petroleum Company, represent me in signing a cooperation contract with your Global Shipping Group," Su Cheng said directly.

"Mr. Su, please rest assured that we will definitely transport your crude oil to its destination quickly, safely, and completely," the Ship King assured very happily.

The Ship King was naturally happy to have concluded a business deal worth hundreds of millions of Hong Kong dollars.

"Then, I wonder how long it will take you to complete the transportation task?" Su Cheng asked.

"These days, we have also specially calculated the time. Since the location of this oil pulling is not concentrated, and it is necessary to load hundreds of VLCC supertankers for transportation, it is certainly impossible to complete it in a short time. The fastest speed requires very precise tanker scheduling.

After a lot of calculations, we have come to an accurate time. Within 75 days, we can help you bring back all the crude oil!" The Ship King was obviously prepared and gave Su Cheng a detailed answer.

75 days, today is August 5th, which means that all the crude oil can be brought back around October 20th.

This time is enough for Su Cheng.

So, he directly said to the Ship King: "Okay, then I will trouble you. I hope we have a smooth cooperation!"

"Smooth cooperation!"

The hands of the two Chinese tycoons in Hong Kong were heavily held together.

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