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Starting From Cutting Hu Bai Niangzi To Dominate Xiangjiang

Starting From Cutting Hu Bai Niangzi To Dominate Xiangjiang

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Chapter 219: How Much Do You Ask Me? I'm Not As Rich As The Charter King Li Bancheng!

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Completed
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Ongoing
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Chapter 219: How Much Do You Ask Me? I'm Not As Rich As The Charter King Li Bancheng!

Lu Chenyang took Ye Qianwen into the water to swim. It was already December at this time, and the temperature dropped rapidly. Ye Qianwen originally had the feeling that she wanted to go swimming in winter, but she didn't expect it to be very warm in the swimming pool. She realized that this was because it was cold outside and the temperature here was kept constant, so it felt warm. She asked, how did you do it?" Li Changsheng knew that if he explained a lot of scientific principles, the girl would not be able to understand, so he simply said: "I spent 1 million Hong Kong dollars to build a constant temperature swimming pool." Although Ye Qianwen came to Xiangjiang not long ago, she also spent a lot here. Of course, she knew how strong the purchasing power of 1 million Hong Kong dollars was. Such a swimming pool?" Li Changsheng said with a smile: "I don't have much money. Compared with that charter king Li Bancheng, I'm still poor." What he said was true. In 1985, the charter king had a total net worth of 40 billion. Li Changsheng is far behind now. But given him six years to develop, he might be richer than the charter king.

Thirty years ago, when he first arrived in Xiangjiang, the charter king only brought hundreds of thousands of yuan. Although in that era, hundreds of thousands of yuan was not a small amount, "but it is not enough to gain a foothold in the strong business world of Xiangjiang. Simple. In 1955, the charter king gave up the financial industry he was familiar with, and entered the development of the shipping industry instead. At that time, my mother persuaded the charter king to take three points of risk on a horse, but the charter king was resolutely optimistic about the development of the global shipping industry and ventured to establish a global shipping company. The name of the company is resounding, but in fact the money in the hands of the charter king is enough to buy a small cargo ship. After Global Shipping was established, its main business was to pull coal from India and drugs to island countries. The charter king is very smart, he thought of a business method that is different from others. Other shipping companies charge according to each trip, and how much they charge for a trip. He directly leased the captain to a trading company and collected the rent himself. The disadvantage of this model is that the rent is stable, but the profit margin is very low. If cargo ships cannot be purchased on a large scale, it will be difficult for the company to develop in scale. The charter king was born in finance, so he began to use his financial knowledge to develop the shipping industry. Charter King believes that although short-term rentals are highly profitable, they are unstable. My long-term rental profit rate is very stable. If I can get the support of bank loans, I will use a lot of bank loans to purchase ships, and then lease them to trading companies. The difference between rent and interest is my profit. The charter king did what he said, and he immediately ran to HSBC, the largest bank in Xiangjiang, to cooperate. So in the 1960s, HSBC began to cooperate with global shipping. It just happened that the Egyptian class took back the Suez Canal, the Middle East war broke out, etc., the profits of the global shipping industry skyrocketed, and the strength of global shipping increased greatly. The charter king used HSBC's loan support to purchase a large number of ships, and became one of the four big ship kings in Xiangjiang. In the 1970s, the chartered ship king business went smoothly, and he was also named the world's ship king by the western media. The global shipping fleet has spread all over the world, and the charter king has become good friends with politicians from many countries. England also awarded a knighthood to the charter king. At the same time, Charter King also invested hundreds of millions of dollars in the construction of the famous Hung Hom Submarine Tunnel in Xiangjiang: "The completion of this tunnel has greatly promoted the economic development of Xiangjiang, and the reputation of Charter King in Xiangjiang has also reached the electricity bill. At the end of the 1970s, the Hong Kong stock market was surging, known as the era of shark fin fishing. At this time, a group of outstanding Chinese entrepreneurs began to rise, and they began to top British-funded enterprises, preparing to dominate the Hong Kong business community. In 1978, Li Bancheng invested in the acquisition of Wharf Company under the 933 banner of Jardine Matheson. The two sides fought against each other in the capital market, and Li Bancheng was defeated due to insufficient funds. At this time, the charter king extended a helping hand. At that time, Li Bancheng was only a second-rate rich man, and his strength was far inferior to the charter king. The two reached an agreement at the Xiangjiang Oriental Culture Hotel. Li Bancheng sold the shares of Wharf to Chartered Ship King, and Chartered Ship King helped Li Bancheng acquire Hutchison Whampoa from HSBC. With the help of Charter King, Li Bancheng controlled Hutchison Whampoa with a market value of 6 billion Hong Kong dollars with only 30 million US dollars, and has since become the top richest man in Hong Kong. The charter king borrowed more than 2 billion from HSBC, successfully swallowed Wharf, and developed the business from the sea to the land, forming an empire spanning shipping, infrastructure, and real estate. In 1985, the charter king's personal net worth was as high as 40 billion. In the same year, he acquired Wheelock and became one of the top ten richest people in the world. .

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