Rebirth of Hong Kong 1981
Page 442
More than 200 billion in debt, just thinking about it makes one's scalp tingle, even if he is now, facing such a huge debt, he will still have a headache.
Xue Yufei stretched out her hand to smooth out the wrinkled lines on Yang Chen's forehead, and persuaded in a low voice: "Chen, don't think about it, isn't he doing well now?"
Compared with the crisis situation of the Dong family, Xue Yufei is now more worried about the game company's affairs. Now the game company has invested billions of Hong Kong dollars. If the final game can't be sold, then Yang Chen's hard-earned money before will probably be used Come to pay off the debt.
"Uh..." Seeing this, Yang Chen looked at Xue Yufei's expression, couldn't help laughing twice, and didn't say anything more.
The death of the old Dong Ship King will be next year. At this time, the Dong family is still immersed in the joy of becoming the world's ship king. Whether the situation is dangerous or not, in the eyes of others, that is the same thing.
It seems that the emperor is not in a hurry and the eunuchs are in a hurry.
Even if the other party needs help in the future, it is not at this time. Everything will have to wait a few years later. company.
The Dong family's shipping company is a big piece of fat. Don't look at the hundred and ten large ships, which directly dragged the Dong family down.
But don't forget, it doesn't take long. After entering the 90s, the inland entered a period of rapid development. Until the 21st century, the inland will grow in a very terrifying way in terms of import and export trade.
After the charter king abdicated, the Dong family became a veritable world ship king, and the Dong family could not get rid of the fleet. Ten years later, it could still become like it was in the 70s and [-]s, when a ship was worth a building.
Thinking that the inland reform and opening up has entered the second stage, gradually moving towards comprehensive development, the demand for various resources, a population of more than one billion, and a land of 900 million square kilometers, we have devoted ourselves to development.
Huge construction projects and changes in the lives of more than one billion people directly affect changes in the entire world economic market.
In the 21st century, China's manufacturing has spread all over the world, and more than one billion people have made things. At that time, even if the Dong family's fleet was equipped with a headband and operated 24 hours a day, it was not enough for inland use.
As of [-], the inland fleet has a total fleet of [-] million tons, accounting for [-]% of the world's total fleet, ranking fourth in the world.
The current fleet of the Dong family has reached a scale of more than 1000 million tons at this moment. In other words, the fleet in the hands of the Dong family will account for one-tenth of the total inland after 30 years.
More than 80.00% of inland foreign trade export goods in later generations are completed by shipping, and shipping is the most important means of transportation for inland import and export transportation.
On this earth where most of the sea is gathered, shipping is very important for a country with a large import and export.
The shipping industry has always had a political character. During the war years, the fleet, as an important strategic resource, was a resource that was fiercely contested by the warring parties.
If a country cannot guarantee the safety of its fleet, it will even do whatever it takes to avoid falling into the enemy's hands.
In peaceful times, the shipping industry is also related to the economic development of a country, and the import and export trade cannot do without ship transportation.
Having said so much, to put it simply, in a word, ships are very important, and having a ship means having a status.
However, ahem, although shipping is important, Yang Chen never thought of taking over the Dong family's fleet, or wantonly buying ships. At most, he would buy shares of the Dong family's fleet when Mr. Dong couldn't support it. With a certain share, when he needs a ship in the future, he can get some convenience.
For example, when he went to Australia to dig gold and mines, the Dong family fleet would help transport things, and he would be more at ease when using them himself.
As for aggressively entering the shipping industry and expanding self-management, that is absolutely impossible. The fleet sold to him by the Zhao family is enough to handle Carrefour and his grain and oil transportation.
Shipping is a typical asset-heavy industry. Whether it is building a new ship or buying an old ship, it costs a lot of money.
However, in the shipping industry, if the shipping company wants to make profits in the competition, the fleet size is extremely important. Only when the fleet is large enough can the ships be dispatched flexibly and occupy the market quickly.
Similar to real estate, as the fleet expands again and again, shipping companies are bound to be accompanied by high debt.
But it is a little different from real estate. The service life of ships is much lower than that of real estate. After a certain number of years of use, they will face retirement and be completely eliminated.
Therefore, with the stable development of the global economy, shipping will face the dilemma of low profitability, especially in the era of economic globalization, private capital rarely enters the shipping industry.
Shipping is a typical cyclical industry, which is closely related to the development of the world economy. For every percentage point of global economic growth, the volume of international shipping will increase by [-] percentage points.
The fluctuation of the world economy determines the rise and fall of the shipping industry, so the shipping industry has always been called the barometer of economic fluctuations.
The risk is too great and completely uncontrollable. The shipping industry wants to grow wildly only in a certain period. Once that period passes, basically it will not make much money.
Earn today, scrap the old one tomorrow, and add a new one. It’s not about making money, it’s good if you don’t lose money.
Chapter 469 The Purpose of Chinese Directors
Xiangjiang Jockey Club VIP Building
Chartered King and other directors of the Chinese Jockey Club gathered together to talk and laugh with each other. Since the completion of the Sha Tin Racecourse, Chartered King and other directors of the Chinese Jockey Club have become more and more powerful.
Thanks to the charter king's seizure of Wharf and Li Chaoren's ingenious move into Hutchison Whampoa, the two men's big moves have made the Chinese directors of the Hong Kong Jockey Club more confident in their voices on the board of directors.
The board of directors of the Hong Kong Jockey Club is not large. With the increase of Chinese members of the Jockey Club, it has become an overwhelming advantage over British members in recent years.
In this regard, the Chinese directors of the Jockey Club also compete equally with the British directors headed by Jardine Matheson.
For a long time, the Chinese directors of the Jockey Club have always been contested by established super-rich such as Charter King, Huo Daheng and Old Dong Ship King and British directors.
In recent years, due to Li Chaoren's strong rise after receiving the support of HSBC, and the intention of being close to Hao Jiang's lottery king, the number of Chinese directors has been increasing.
On the other hand, the British-funded consortium, because of the inland reform and opening up, began to discuss the Xiangjiang issue with the UK, so it has been holding back, and the number of people has not increased at all.
In the past, the number of directors of the Jockey Club was increased by one in two or three years at most, and one in a year at most. Supplement, indirect, is equivalent to one less.
With the increase and decrease, the British capital also felt that something was wrong, so every time the Jockey Club held a board meeting in the past two years, the confrontation and collision between the Chinese directors and the British capital directors became more and more intense.
The reason why the Chartered Ship King definitely wanted to bring Yang Chen in this time was that besides being optimistic about Yang Chen, the other reason was that the old Ship King Dong was sick, which made the Chinese directors lack a lot of help.
Although the old Dong Chuanwang has always been weaker than him, it is undeniable that the status of the Dong family in Xiangjiang is only a little lower than that of the Bao family. Compared with other Xiangjiang families, apart from the special Huo family, there are very few The family can confront the Dong family head-on.
The title of ship king is not a joke. The entire Xiangjiang import and export transportation line is in their hands, and even the four major foreign companies have to be polite on weekdays.
Now the old Dong Chuanwang is handing over the stick to his son. Although the chartering king does not have any doubts about Dong Gongzi's ability, sometimes ability alone is not enough.
In the Chinese community, both seniority and prestige are also very important. People with seniority and prestige, like the charter king, can respond to everything with just one sentence, and gather many big shots together.
The charismatic appeal of Chartered King is not due to his ability alone, it is the qualifications and prestige he has accumulated over the past few decades.
Let's not talk about whether Mr. Dong can support the big ship of the Dong family after the death of the old Dong Chuanwang. Mr. Dong's prestige and qualifications alone are not enough for everyone to trust.
Now in the board of directors of the Jockey Club, the Chinese directors have finally achieved a little success. After trying to suppress the sweetness of the British directors, Charter King and others are naturally unwilling to go back to the previous hard life.
So, led by the charter king, several Chinese directors got together and discussed a substitute method.
Since Dong Gongzi can't completely replace the old Dong Chuanwang's position by himself, then let another person join the board of directors to add support to Dong Gongzi.
In addition, in case the old Dong Chuanwang passed away, Mr. Dong could not support the Dong family alone, causing the Dong family to be ruined, so someone could replace Mr. Dong.
It's just that this person is not a good choice. As the voice of the Chinese directors is getting louder, the British directors have always been very careful about the Chinese directors' continuous move to recruit people.
For the old Chinese families, as long as they can enter the board of directors, they have basically already entered. Those who cannot enter can only show that they are not strong enough. In the capital society of Xiangjiang, insufficient strength, no matter how high the qualifications and prestige are, it is useless.
And powerful newly promoted rich people, but lack of background, such as Li Chaoren, who has the full support of HSBC Bank, is only an isolated case, and only one in more than ten years.
Therefore, everyone chooses and chooses, and in the end, the charter king directly makes the decision and pulls Yang Chen in.
The most criticized thing about Yang Chen is his age, a little guy who is less than 20 years old, everyone is a little embarrassed.
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