In the era of fetal wear, she became the first socialite in Hong Kong

Chapter 211 Dad’s Magic Move—Taking Advantage of the Oil Crisis to Acquire Shares in a Foreign Compa

Unlike London's temperate maritime climate, which is mild and humid year-round, with autumn and winter being particularly rainy and foggy, Hong Kong's location south of the Tropic of Cancer and subtropical monsoon climate ensure mild winters with little rainfall.

One is moist and humid, the other is dry and refreshing. Fu Ziyan feels that the world has become brighter since she returned to Hong Kong.

Sitting in the back seat of her father's usual Rolls-Royce, with soothing car music playing in her ears, Fu Ziyan looked out the window at the familiar skyscrapers and the hustle and bustle of traffic rapidly receding, feeling so happy that she seemed to be floating in the clouds.

It feels so good to be home!

Although Hong Kong is not big, she has lived in Hong Kong for ten years and has spent more than half of her life in Hong Kong. In her heart, it can be called her hometown.

The afternoon sun was warm and gentle, like being embraced by a mother. Fu Ziyan couldn't help herself and rolled down the car window.

She suddenly wanted to breathe the air of Hong Kong.

Fu Qiyuan watched his daughter with amusement as she wrinkled her nose and took a deep breath. She looked as if she had endured a lot of grievances living in London. He smiled and teased, "What difference did you smell, Ti Ti?"

Fu Ziyan's eyebrows furrowed as she pretended to be serious and said, "It's Hong Kong welcoming me back. Dad, did you hear that? The wind is saying: Ti Ti, you're finally back. We all miss you so much, and Yun Zhi misses you too. If you don't come back, he'll go to London to pick you up himself."

Yunzhi is her father's courtesy name, and her grandfather sometimes calls her father that.

Fu Qiyuan smiled and tapped his daughter's forehead with his finger, "You little naughty girl."

Fu Ziyan smiled brightly and was about to "translate" again when she heard an argument coming from the car in the next lane.

"I can't even afford New Year's shopping this year. It's all your fault. I told me to sell my stocks early, but you insisted that if I waited, the price would go back up. And now, it's fallen to this point!"

"You still say, it's endless, right?"

"..."

Not intending to eavesdrop on the other people's arguments, Fu Ziyan silently rolled up the car window before looking at her father. "The Hong Kong stock market has plummeted quite badly. I've been busy preparing for exams these days and haven't looked at the Hong Kong stock market reports much. The last time I checked was on the 10th, when it plummeted to a new low of 150.11."

Fu Qiyuan didn't judge him, but praised him first, "Not bad, you still remember to pay attention to the Hong Kong stock market even though you are in London."

Fu Ziyan: “…”

She was not convinced, "Dad, I'm not that playful and lazy!"

Fu Qiyuan teased Titti, "How diligent of you to go to the company only once a month?" He had actually expected this, as he knew the temperament of his daughter, whom he had raised, very well.

"I'm a new student, and I have a lot of parties to attend. It's all because I have so many friends and am so popular~"

Fu Qiyuan raised an eyebrow. "Including the three days I took off last month to go to Paris to watch a fashion show?"

Fu Ziyan argued confidently, "This fashion show was definitely worth watching. It was a fashion show of historic significance, a showdown between haute couture and ready-to-wear design!"

That's not right!

"Dad, how did you know I'd take three days off?" Fu Ziyan pouted in dissatisfaction. "I'm already in college, why is the school still using the trick of notifying parents?"

Fu Qiyuan chuckled. "Your school isn't to blame. The father of your good friend from the Thomson family told me this when I attended a business dinner in the United States at the end of last month."

Thomson? That's Nora.

Fu Ziyan thought of her friends, just as excited as she was about the sight of the treasure, spending lavishly. It was understandable that their parents would know about such a large expense. After all, there weren't many parents like her father who gave her such generous pocket money without questioning it.

"Okay, I was wrong about blaming the school." Fu Ziyan pursed her lips and changed the subject back to the Hong Kong stock market. "The stock market crash coupled with the oil crisis, will it have a big impact on the Fu Group?"

Despite the question, Fu Ziyan wasn't worried at all. The Fu Group was a vast and powerful company, and this minor disturbance wouldn't shake its foundation. So, even knowing about the oil crisis, Fu Ziyan didn't hesitate when it came to her shopping.

Of course, more importantly, the impact of the oil crisis on the Fu family was definitely not as great as the profit her father's oil company made during this crisis. The oil price had increased three or four times!

Fu Ziyan: It’s okay. It’s a problem of water inflow and outflow, which are word problems that even primary school students can solve.

"The group operates in real industries and has ample capital chains, so the stock market decline has little impact on the group."

"The oil crisis had a greater impact. Fu's port business was significantly affected. Rising oil prices increased transportation costs, leading to a decrease in port cargo volume. Secondly, several department stores in the retail sector were affected. Residents were short of money, and even with some promotional activities, spending still decreased somewhat."

Seeing Fu Qiyuan's calm expression, Fu Ziyan also raised her lips and said, "Misfortune is the foundation of good fortune, and good fortune is the root of misfortune."

The Fu family's cash flow is really super abundant. Not to mention that when gold was decoupled from the US dollar a few years ago, Fu Qiyuan's efforts in advance also saved a large amount of funds for the Fu family. They also have the SinoPac Bank behind them, and they can provide mortgage loans at any time.

Fu Qiyuan smiled and nodded, "Titi is smart. Dad took the opportunity to acquire a large number of shares in Wheelock. The two parties are in the final negotiations. After the contract is signed next week, the Fu family will be the second largest shareholder of Wheelock."

Although Wheelock's main business is tanker business, it is also one of the major real estate developers in Hong Kong. It has entered the real estate and retail department store businesses, developing real estate properties in various districts of Hong Kong and Kowloon, and also has several buildings in Central.

While the cruise business is a long-term constraint, the current situation isn't critical, and there's still time to sell off after the oil crisis passes. Alternatively, they could simply wait for the cruise business to drag down Wheelock, then buy out the remaining shares at a low price.

"Dad is so awesome!" Fu Ziyan's eyes sparkled. That's one of the four major banks in Hong Kong!

Fu Qiyuan smiled gently, "Titi, take a two-day rest and then you have to get ready for the dinner."

"Ok!"

Fu Ziyan was even happier. While she was studying in the UK, the Fu shares under her name had quietly and spontaneously started to appreciate in value.

"Would you like to go home and rest for a while before going to the old house, or would you like to go tomorrow after you have rested enough?"

Fu Ziyan's long eyelashes like black crow feathers blinked playfully, and she said "ah", "Today is the day for the old house to get together!"

December 16th happens to be the third Sunday in December.

Fu Qiyuan's eyes softened. "I forgot about it while playing in Europe. I finally remembered it."

Thinking of the crowds of people in the old house, Fu Ziyan decisively refused, "I'll go to Shek O to see grandpa tomorrow." She had been on the plane for so long and had to adjust to the jet lag, so her skin condition was definitely not as good as before.

I don’t want to be laughed at secretly by Fu Zizhen, even if she laughs at me in her heart!

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like