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Chapter 105 Signs of the Oil Crisis
Chapter 105 Signs of the Oil Crisis
Lin Wanan acted decisively and quickly completed the detailed division of the property of the two brothers Lin Haoran and Lin Haoning in the next few days.
Among them, Lin Haoran registered 12.6% of Qingzhou Yingni Company's shares under the name of Huanyu Investment Company.
At the same time, Lin Haoran followed Lin Wanan every day to learn the essence of corporate management in depth.
Although as much as 49.99% of Wan'an Group's shares have been officially transferred to his name, he did not rush for success. Instead, he chose to start with the position of vice chairman of Wan'an Group and take steady steps.
Lin Wanan understands the importance of cultivating a successor. He patiently waits for Lin Haoran to meet his standards in all aspects. At that time, Lin Haoran will naturally take over the important task of chairman of the group.
For Lin Haoran, the title of the position is just an external label. What he values more is the valuable corporate management knowledge and practical experience he learned from Lin Wanan.
Lin Haoran has benefited greatly from Lin Wanan's cautious and profound business acumen and the wisdom he demonstrated in corporate planning and decision-making.
In particular, those vivid cases about business game and Lin Wanan’s rich personal experience are like living textbooks, making Lin Haoran feel as if he has traveled through time and space and experienced those critical moments that determine the fate of the company.
Through Lin Wanan's careful guidance, Lin Haoran learned many practical skills that are difficult to learn from books.
Of course, Lin Haoran does not spend all his time on Wan'an Group. After all, in addition to Wan'an Group, he also has Qingzhou Yingni Company, a stronger listed company, and Huanyu Investment Company, which has only a few employees.
For the convenience of management, Lin Haoran has moved the office of Huanyu Investment Company to the Wan'an Group Building.
Wan'an Group Building is located in Causeway Bay, not far from Central. Although the business atmosphere here is slightly inferior to that of Central, it is not much worse.
The building is 13 stories high and the office space cannot be fully utilized, so more than half of the office space in the Wan'an Group Building is rented out.
Therefore, Huanyu Investment Company simply set up an office here. In this way, Lin Haoran no longer has to run back and forth between the Wan'an Group Building and the Qingzhou Yingni Company.
As for the old office in the Hang Fung Building in Central, Lin Haoran has arranged for the construction team of Wan An Group to renovate it, transforming it from an office space into an exquisite residence with three bedrooms, two living rooms and a tea room.
The purchase price of this house was less than one million Hong Kong dollars, so it would not be a pity even if it is left idle.
Moreover, after the separation, he had no plan to live in the Deep Water Bay villa often. This place was just right for him to make a transition. When he had enough funds in the future, he would directly buy a villa on the hillside of Victoria Peak near the Central area.
After receiving HK$10 million in cash from Lin Wanan, Lin Haoran's financial situation improved significantly and he became financially comfortable.
Originally, he didn't care about the small accounts and small amounts of money, and there was only about 3 million Hong Kong dollars left in his account.
This amount of funds is quite tight for daily operations and emergencies. We cannot do anything big. It can only be said that something is better than nothing.
After his father transferred the money to him, Lin Haoran's available funds instantly jumped to 13 million Hong Kong dollars. This change directly alleviated his financial pressure.
Although the amount of money is not large, at least it will not leave the traders of Huanyu Investment Company idle.
Since Lin Haoran took over as chairman of Qingzhou Yingni, Qingzhou Yingni's stock has indeed experienced a brief period of prosperity, with the share price soaring to a high of more than HK$6 per share.
However, this craze mainly stems from the blind following and optimistic expectations of retail investors and lacks substantial support.
As Qingzhou Yingni was gradually fully controlled by Lin Haoran, major investors and market makers in the market naturally lost interest in the stock.
Because they understand very well that under the control of a single major shareholder, the possibility of forced acquisition by other shareholders is lost, and there is almost no possibility for the stock price to skyrocket.
Moreover, apart from participating in the Qingzhou Yingni acquisition case, Lin Haoran has no other achievements in the business world, so he has not won the trust of market investors.
More importantly, Lin Haoran’s youth has become a point of doubt about his management ability.
Although he won a lot of admiration and attention as the first Chinese entrepreneur to successfully acquire a British listed company, and the newspapers reported it extensively for several days, people still had reservations about whether he could effectively manage the large enterprise Qingzhou Yingni.
This distrust spread throughout the market, causing investors' confidence to waver.
Therefore, when the market began to calm down, those investors who impulsively entered the market soon discovered that it was difficult to find buyers for the Qingzhou Yingni shares they held.
At the same time, unfavorable news about Lin Haoran and Qingzhou Yingni continued to spread in the market, further exacerbating investors' panic.
In the end, many investors, unable to bear the psychological pressure and financial losses, chose to sell their Qingzhou Yingni shares at a loss.
As a result, after more than a month of twists and turns, the share price of Ching Chau Cement has fallen from its peak of more than 6 Hong Kong dollars to the current level of around 4.1 Hong Kong dollars. This figure is even lower than the share price level when Khalil Centurion was at the helm.
After all, Halil Centurion has run Qingzhou Cement Company for more than a decade. Although his investment strategies are often puzzling and frequently result in losses, he has at least been able to maintain a certain level of dividends to stabilize shareholder confidence.
However, after Lin Haoran took over Qingzhou Yingni, the future of Qingzhou Yingni Company seemed to be shrouded in a cloud of uncertainty to outsiders.
The market is generally worried that if the company continues to hold its shares, not only will there be no hope for dividends, but whether it can stop the loss trend has become an urgent question. However, the decline in the Qingzhou Yingni stock market is undoubtedly good news for Lin Haoran.
After all, he was planning to privatize Qingzhou Cement Company.
Once privatized, Lin Haoran will proceed to relocate the Qingzhou Yingni Factory and apply to the government to convert the original land from industrial land to commercial land, completely separating the land from the cement plant.
In this way, he will own a piece of land with a market value of more than 500 million Hong Kong dollars and an excellent location.
Therefore, the lower the cost of privatizing Qingzhou Yingni Company, the more money he will make for free.
It was naturally a very good thing for him to be able to acquire a wave of Qingzhou Yingni shares at a low price before the privatization was announced.
After the announcement of privatization, it means that the company has taken the initiative to acquire shares of Qingzhou Yingni from others, and the stock price may be unstable.
Before the privatization announcement, at least the stock price could be controlled within an extremely low price range.
The acquisition price is around HK$4 per share, it’s a great bargain!
Therefore, after successfully raising 10 million Hong Kong dollars in cash assets from Lin Wanan, Lin Haoran quickly deployed the team of Huanyu Investment Company to take action and continue to increase its holdings in Qingzhou Yingni.
His strategy is clear: the stock price must be maintained in a low range of around HK$4.1 to ensure that the stock price is not raised.
Therefore, the operating pace of Huanyu Investment Company is neither eager for quick success nor discouraged by the sluggish market.
Even on days when trading was slow, when they could only absorb 10,000 to 20,000 shares and the total trading amount for the day was less than HK$100,000, they remained patient and proceeded steadily.
Lin Haoran adopted a highly trusting and flexible management approach to the team. He did not set rigid targets, but instead encouraged team members to freely adjust strategies based on market conditions.
With Su Zhixue, a 100% loyal and experienced manager at the helm, the team can accurately grasp the scale and effectively implement the established strategy, so Lin Haoran is very confident in the team.
In the blink of an eye, we have quietly entered the threshold of December.
Lin Haoran has always been paying attention to the situation in Iran, and his top priority every day is to collect reports from major mainstream news media and carefully study the changes in the international situation.
Since the beginning of this year, Iran's Pahlavi dynasty has been caught in the vortex of revolution. This turmoil has lasted for a long time and has become the focus of global attention.
Yet, despite frequent mentions in the international news, substantive progress in the situation always seems elusive.
Although there are reports of large-scale strikes in Iran, surprisingly, crude oil production and exports have not been significantly affected, and oil prices have remained relatively stable without major fluctuations.
Just the day before yesterday, Lin Haoran noticed that the crude oil market price rose slightly to US$13.12 per barrel. This figure was not far from the price when he purchased crude oil, which inevitably caused a ripple in his heart.
"It's December 12rd already. When will the oil price start to soar?" In the early morning, Lin Haoran stood in front of the window, looking at the rising sun, thinking secretly in his heart.
Then he went into the bathroom and completed his daily routine of washing up.
Soon, the Filipino maid delivered a hot breakfast and the latest stack of newspapers to his hall as he instructed.
While savoring the delicious breakfast, Lin Haoran flipped through the international news in his hand.
"On December 12, during the Islamic month of Muharram, an unprecedented mass rally shocked the world - more than two million people gathered in Tehran's Freedom Square, their common voice resounding through the sky, demanding the removal of the king. The demonstration was so massive that it almost brought the entire city of Tehran to a temporary standstill."
When reading this report on the international news page of Oriental Daily, a gleam flashed in Lin Haoran's eyes. He put down the cutlery in his hand and read more attentively, as if he could witness that historic moment with his own eyes through the text.
At this moment, Lin Haoran had a strong premonition in his heart - the oil crisis was probably imminent.
According to my general understanding of this period of history in my previous life, the nationwide strike of the Pahlavi dynasty in Iran started in the capital Tehran, and then spread rapidly across the country like wildfire, causing a complete shutdown of all industries, and crude oil production was naturally not spared.
Once Iran stops exporting crude oil, the supply and demand balance in the international crude oil market will be completely disrupted, and a situation of supply exceeding demand will quickly form, pushing up crude oil prices.
Lin Haoran knew very well that it was only a matter of time for this chain reaction to occur, and this time would definitely not be too long.
He began to look forward to the coming changes.
Finally, I don’t have to worry about why the oil crisis hasn’t broken out yet.
For others, the coming of the oil crisis is a disaster.
But for him, this disaster in the eyes of others is actually an opportunity for him to develop himself!
(End of this chapter)
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