I Want To Be a Rich Man on Hong Kong Island - Chapter 690
Chapter 690【Inexhaustible cash! 】
Wu Guangyao and his son Wu Xianpeng are in the study, discussing the follow-up issues of the acquisition.
Wu Guangyao said: “12% of China Gas’s shares are under the label of Lao Fengxiang Jewelry, and I will accept the two Central Buildings!”
At this time, Lao Fengxiang Jewelry is not listed, but like a listed company, the company’s shares are not concentrated in one person’s hands;
First of all, Wu Xianpeng holds the most shares, reaching 45%;
Secondly, Wu Guangyao holds 30% of the shares;
Finally, some veterans and partners (retired) hold 10% of the shares and company employees hold 15%.
Lao Fengxiang Jewelry’s business is not only gold and silver jewelry, other businesses include participation in real estate investment (shares in real estate projects), gold spot/futures trading, securities investment and other businesses.
Wu Xianpeng wore a pair of glasses and was gentle, and said: “En! Father, I am going to Shanghai recently to see if I can buy the Shanghai Lao Fengxiang jewelry brand!”
Forehead!
Thinking that Wu Guangyao was too lazy to name it, he used Lao Fengxiang, who was familiar in his previous life;
Of course, at the beginning, it was also calculated that the old Fengxiang from the mainland could be replaced by acquisition.
Wu Guangyao pondered for a while and said, “Don’t worry, it is impossible for the mainland to open the gold jewelry market at this time, so it will have no impact on us! Your task now is to keep in touch with the Guangdong Provincial Government and strive to be the first to enter. Jewelry companies in the mainland market; only when we can enter the mainland market can we just go to Shanghai to talk about acquisitions.”
Given Wu Guangyao’s contribution to Guangdong Province and the contribution of the motherland, if the mainland does not give priority to Lao Fengxiang jewelry, it is really impossible to justify;
As for Lao Fengxiang in Shanghai, Wu Guangyao believes that compared to the big investment in Shanghai, a small Lao Fengxiang silver building brand can be given to himself for nothing.
Wu Xianpeng also understood that he was a little impatient, and said: “What my father said is that there is really no need to buy Lao Fengxiang in Shanghai now, and the time is not ripe; however, the gold jewelry market is very important to a country, and the mainland will not be easy. open.”
Wu Guangyao said with a smile: “Then wait, what are you in a hurry!”
Wu Xianpeng tentatively said: “Father, if the mainland gold jewelry market is difficult to open, will it be easier to obtain Zhang Xu if it is a joint venture to establish a processing gold jewelry company?”
Wu Guangyao was taken aback, and instantly felt reminded of something:
In his previous life, Zheng Yutong was the first to enter the mainland gold jewellery market. Isn’t it because he was the first to establish a gold jewellery processing factory with the mainland?
The so-called gold jewellery processing factory is the technology (modernization), management (modernization) from Hong Kong, and the material, labor (learning), workshop, etc. from the mainland;
To put it plainly, it is to teach students modern gold jewelry making technology and management techniques.
Don’t look at this and don’t make much money, and you have to teach an apprentice;
But this is the stepping stone to give priority to entering the mainland gold jewelry market in the future. Wasn’t Chow Tai Fook the first to enter the mainland market in the past?
Wu Guangyao felt that his son was willing to understand his mind, stood up and patted his son on the shoulder, and encouraged: “Since you think of it, do it! I have a little bit of face in the mainland. As long as you are sincere, you will be able to lead others in the future. Enter the mainland market.”
Wu Xianpeng said happily: “En!”
Changshi Building, family office.
Wu Guangyao looked through the financial statements of this family office, and found that his cash flow was still about 36 billion US dollars, as if it was not exhausted.
In the early 1980s, Wu Guangyao made $50 billion in gold/oil spot/futures;
Afterwards, money was spent like flowing water. Almost US$40 billion was spent on a global scale, and there are still US$36 billion in cash flow;
This shows that Wu Guangyao has made another 26 billion US dollars in the past five years;
Of course, the US$26 billion is not all made financially. After all, several companies on Hong Kong Island can earn between US$2.5 billion and US$3 billion each year; therefore, in the financial market in the past five years, they have made almost 100. Billion dollars.
Wu Guangyao looked at the time, took the information and walked towards the meeting room.
“BOSS”
“boss”
Pushing open the meeting room, a group of investment managers got up and greeted them one after another.
The investment project department of the Guangyao Family Office has one person in charge-Peter Lynch, and twelve investment managers;
Each of these twelve investment managers is a world-class investment talent with impeccable education and qualifications;
Every investment manager also manages a number of talents in the investment industry;
There are 55 people in the entire investment project department, accounting for a quarter of the staff in the family office.
“Well, everyone sit down and have a meeting!”
This kind of investment-level meeting, only Wu Guangyao will attend the Wu family, and none of the other sons will attend;
At this time, the family office has become more and more like an independent operating organization. If Wu Guangyao suddenly has an accident, the family office will replace Wu Guangyao himself and carry out a series of funeral arrangements for the Wu family;
Of course, the Wu Family Committee also has a supervisory role.
At this time, most of Wu Guangyao’s assets did not enter the trust, such as 36 billion US dollars in cash flow, Japanese investment in real estate and securities, Xingyao Hotel Management Company, and shares of various companies registered under Wu Guangyao’s name.
But Wu Guangyao has made a will, and if there is an accident, the family office will execute it.
Wu Guangyao said: “Recently, I have analyzed-with the rise of science and technology in Japan, West Germany, France, the United Kingdom and other countries, the competitiveness of US industrial products has been declining, which has caused the US trade deficit. The US has created a large deficit in foreign trade. And the U.S. government budget has also produced a large deficit; under the double deficit, if you were the president of the United States, what kind of decision would you make?”
A lot of investment leaders know that Wu Guangyao never looks at financial statements or talks about financial knowledge, but only tells everyone about the international situation;
After you work with Wu Guangyao for a period of time, you will find that your financial knowledge is like a small difference in front of the boss’s international vision;
Of course, everyone has an international perspective, but those are just speculations, and there are many possibilities for such speculations!
No one has ever been like a boss who can confidently determine the development trend of the international situation.
People in the conference room spoke:
“Trade sanctions.”
“The U.S. dollar has depreciated.”
After listening to everyone’s opinions carefully, Wu Guangyao said with a smile: “Everyone has reached the point! The depreciation of the dollar is imperative, so we need to make a fortune on this! First of all, we operate the dollar/yen Main item
Japan has been aggressive in recent years, and electronic products have hit the United States. The United States will definitely take action.
So, next we will do more yen on futures;
At the same time, a large amount of US dollar cash in hand was exchanged for Japanese yen.
The yen is our main battlefield, and the franc can also be part of it, and the rest will not be considered. ”
After Wu Guangyao set the tone, everyone quickly discussed the amount of funds, leverage, specific operations, etc.;
None of these Wu Guangyao was over-involved, because they are all professional!
This time the yen futures, everyone chose 5 times leverage, which means that if the yen falls by 20% against the US dollar, the position will be liquidated;
Of course, funds are still reserved in hand, and the position will be filled in time;
Furthermore, it is impossible for the yen to depreciate so much against the U.S. dollar. It is also difficult for Wall Street bigwigs to unite;
Really did that. Japanese industrial products will occupy the American market on a large scale. It is really picking up sesame seeds and losing watermelons.
Because it is a long-term investment, this time the investment capital can be slightly larger, which is a full 5 billion US dollars, and 2 billion US dollars are also reserved for emergencies;
Wu Guangyao figured it out in his mind, two or three years later, the yen/franc rose by 100% against the dollar, and 5 times the leverage is 5 times;
Deducting the loss of funds that fled early, the Wu family is expected to make 15 billion US dollars in this futures.
The time span is about three years, and the rate of return on investment is very high!
Recommend a friend’s new book, “Rebirth of the Three Kingdoms Begins with Chicken Raising”. The protagonist is reborn as a tenant of Zhang Fei. Book friends who like farming can take a look.
Recommended a friend’s new book, “Rebirth of the Three Kingdoms Begins with Chicken Raising”, the protagonist is reborn as a tenant of Zhang Fei, book friends who like farming can take a look.
(End of this chapter)