We're building a super chaebol in Hong Kong
#20 - The charter king was impressed
The privatization process of the Su Corporation is already underway, so Su Cheng doesn't need to worry about it for the time being. Zhang Li will be fully responsible.
At noon, Zhang Qizheng called to say that he had already made an appointment with the Shipping King, who invited them to meet at six o'clock tonight.
Su Cheng accepted the invitation directly.
The Shipping King is currently a leading figure in the Hong Kong Chinese business world, and the world's recognized number one shipping magnate. Although Su Cheng doesn't need to suck up to him, nor would he ever, he should still give the elder the respect he deserves.
At five o'clock in the evening, Su Cheng first went to Zhong Chuhong's school to pick her up, then went to North Point to pick up Zhang Qizheng, before continuing on to Deep Water Bay.
The Shipping King lives in Deep Water Bay, and his mansion is not far from Li Jiacheng's villa.
Don't think that Zhong Chuhong is just a tool person now, taken everywhere by Su Cheng without showing any particular reaction.
In fact, Zhong Chuhong is still a student who hasn't graduated yet. Su Cheng bringing her along allows her to learn a lot and broaden her horizons. This way, after she graduates, she will be more qualified to be his personal secretary.
This can be considered Su Cheng training her.
As for whether she will continue to be an actress in the future, she can decide that for herself when the time comes.
Deep Water Bay, the Shipping King's residence.
When Su Cheng and the others arrived, the Shipping King had already come to the door to greet them in person.
"Hello, Mr. Bao. I am Zhang Qizheng, CEO of Tianyuan Investment Management Company. This is my boss, Mr. Su Cheng."
The Shipping King already knew Zhang Qizheng, but he didn't know anything about Su Cheng, so Zhang Qizheng spoke first.
"Hello, hello, welcome to my home, please come in!" The Shipping King said enthusiastically, his eyes constantly looking at Su Cheng.
Is this the mastermind behind the Kowloon Wharf acquisition that caused a sensation throughout Hong Kong? He's a bit too young.
"Mr. Bao, I've long admired your name. This is my first visit today, and it's truly better to meet in person than to hear about you!" Su Cheng laughed heartily.
At the same time, the two shook hands.
They entered the Shipping King's mansion and arrived at the reception room on the second floor.
At this time, the servants brought fruit plates and boiled water.
"Mr. Su is truly a formidable young man. I didn't expect that the acquisition that caused a sensation throughout Hong Kong was actually controlled by you. Even someone like me, who has been in business for many years, has to say that this battle was fought beautifully," the Shipping King praised Su Cheng as soon as he sat down.
Having followed Su Cheng for a few days, Zhong Chuhong had also learned a few things. At least, she had learned how to make tea.
So, seeing the boiled water and tea leaves on the coffee table, Zhong Chuhong obediently helped to make tea.
The Shipping King couldn't help but glance at Zhong Chuhong, then at Su Cheng, and knew what their relationship was, and couldn't help but sigh that youth is good.
"Mr. Bao, I can roughly guess the purpose of your invitation for us to meet," Su Cheng said with a smile, not engaging in mutual flattery.
"Oh? Then Mr. Su, what do you think is the specific reason why I invited you to meet?" The Shipping King couldn't help but smile.
"The obvious reason, I don't need to say, everyone sitting here knows that the Shipping King has taken a fancy to the Kowloon Wharf Group, and we are currently the largest shareholder of the Kowloon Wharf Group. If you want to control Kowloon Wharf, you must first pass our hurdle. Of course, this is just the surface reason. In fact, Mr. Bao has deeper reasons," Su Cheng said calmly.
"The surface reason is indeed so. I want to acquire the Kowloon Wharf shares in your hands, but what are the deeper reasons? Mr. Su, please continue,"
The Shipping King suddenly became more and more curious about Su Cheng. Originally, he had some disdain for Su Cheng, thinking that the acquisition should have been planned and completed by someone like Zhang Qizheng, and Su Cheng was just reaping the benefits, after all, Su Cheng was young. But at this time, he had already begun to correct his attitude. The young man in front of him seemed to really have some skill.
"I have studied the world shipping history of the past few years, especially since the last world oil crisis, major oil-consuming countries have reduced their oil imports and consumption. The situation of super tankers being idle has become more and more serious, while the East is still vigorously building ships. The result of this is nothing more than exacerbating the surplus of world shipping vessels, thereby creating a great depression crisis in the shipping industry.
As the person with the largest tonnage of ships in the world, if the information I checked is correct, Mr. Bao currently owns more than 20 million tons of ships, right?"
Su Cheng continued to say with a smile.
At this time, the Shipping King had already become serious. The young man in front of him was indeed a bit capable.
"That's right, the tonnage of ships under my control has exceeded 20 million tons," the Shipping King nodded in acknowledgement.
"Many of Mr. Bao's ships should have been purchased with loans. If an economic crisis occurs in the shipping industry, the consequences can be imagined. Light losses can be heavy, and heavy losses can lead to bankruptcy. I wonder if Mr. Bao thinks what I said makes sense?" Su Cheng smiled slightly, finished speaking, and took the teacup handed over by Zhong Chuhong, took a sip, and moistened his throat.
"Mr. Su, please continue," the Shipping King said with a serious expression, not answering Su Cheng's words.
"Therefore, what Mr. Bao needs to do at this time is to reduce his burden before the shipping industry crisis breaks out. The simplest method is nothing more than selling ships!
When the number of ships is reduced to an acceptable range of debt, you can safely survive this crisis.
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And how should the funds obtained from selling the ships be used? I think Mr. Bao certainly won't return all the money to the bank so quickly, nor will he take the money and deposit it in the bank, so that the interest will not offset the expenses.
The only way is to shift the direction of investment, and abandoning the ship to land is probably Mr. Bao's plan, right?"
Su Cheng said a lot in one breath.
"So, Kowloon Wharf has become Mr. Bao's target. Why choose Kowloon Wharf as the target? I guess the reason is actually very simple. Everyone knows the industries that Kowloon Wharf owns. It can be said that whoever owns Kowloon Wharf controls Hong Kong's most important cargo loading and unloading and warehousing business. These are extremely compatible with the huge fleet in Mr. Bao's hands. How could Mr. Bao not have taken a fancy to such a company!"
Su Cheng finally finished speaking in one breath.
"Clap clap clap!" The Shipping King couldn't help but applaud.
He was completely convinced by the young man in front of him.
That's right, his thoughts were exactly the same as what Su Cheng said.
As for Zhang Qizheng, he had long known how powerful Su Cheng was, and at this time, he was the most calm one.
As for Zhong Chuhong, she had already transformed into a fan girl, and at this time, her eyes were full of Su Cheng.
The boss is simply too awesome.
Who in Hong Kong doesn't know the Shipping King? He is the world's number one shipping magnate with tens of billions of assets, and now such a figure has been conquered by Su Cheng. This is no longer simply awesome.
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