Hong Kong Island Old Events

He Dingxian did not get in the car, closed the door, walked up to the two of them and shook hands with Bao Yugang, looking at Qiu Degeng, who immediately introduced: "He Sheng, this is Mr. Bao who I told you about before."

"Hello, Mr. Bao." He Dingxian smiled with a smile on his face, spoke kindly, and joked: "How did you find the school? Are you afraid that I will run away, hahaha!"

Qiu Degeng said hurriedly: "Mr. Bao heard that you came to help students as a charity, and he admired you so much that he came to the school gate to wait for you."

Bao Yugang was in his thirties and in his prime. He held hands and said, "He Sheng, I have long admired your great name!"

In fact, he was afraid that He Dingxian would do charity activities, so he stayed very late, canceled their meeting, and simply came to the school gate to block people.

This is just a common operation in business, but it can be seen that Bao Yugang is in a positive state, and He Dingxian is also paying attention. He smiles and puts his hand away, patting him on the shoulder: "Mr. Bao, let's chat slowly in the teahouse."

"Okay." Bao Yugang agreed quickly and personally escorted Boss He to the car. Then he returned to a BMW and asked Qiu Degeng to get in the car with him.

He Dingxian watched a car slowly follow behind him, not surprised at all, because Bao Yugang had never been a low-level person from the beginning to the end.

His father, Bao Zhaolong, ran a handicraft industry in Hankou 20 years ago. He opened a bank in Shanghai ten years ago and got involved in the financial industry.

With the support of his family, Bao Yugang enrolled in Shanghai Zhongxing School and was admitted to the "Wusong Merchant Marine College", which was the country's largest maritime institution of higher learning. He dropped out of school due to the outbreak of the Anti-Japanese War and worked in the banking bureau of the former government as the deputy manager of Hengyang Branch. , then served as manager of the Chongqing branch. After World War II, he was promoted to manager of the business department of Shanghai Banking Corporation, and later promoted to deputy general manager and manager of the business department. His family moved to Hong Kong Island three years ago and has invested in many shipping companies, mainly Operating import trade, transporting cotton, steel, medicine, etc. to the mainland...

He has grown up in the financial circle since he was a child. He has been immersed in the domestic financial industry for fifteen years and is a "banker" through and through.

Kowloon.

Ruixing Teahouse.

He Dingxian asked the two guests to sit down, called the waiter, and asked aloud: "What do you want to drink?"

Bao Yugang responded appropriately: "Mr. He, I can just do as the host does."

He Dingxian closed the menu and handed it to the waiter: "Bring a pot of chrysanthemum recipe and a few baskets of snacks."

"Okay, He Sheng." The waiter took away the menu and immediately brought the teapot and poured it for the three guests.

He Dingxian tapped his fingers on the table and said warmly: "Mr. Bao, I remember correctly, you are in the banking industry, right? Did you get to know Ah Geng after coming to Hong Kong Island?"

Qiu Degeng is now the bank manager and can be considered a member of the banking industry. It is not surprising that he would know Bao Yugang.

Bao Yugang knew everything and said with a smile: "Qiu Sheng and I are from the same hometown. We were lucky enough to get acquainted when we were in Shanghai, and we gradually became familiar with each other after coming to Hong Kong."

He Dingxian looked at Qiu Degeng. He didn't expect that the big shopkeeper had such connections, but considering that they were both from Ningbo, it was normal for them to know each other. If Qiu Degen was more willing, he was already qualified to join the Ningbo Chamber of Commerce. I know more bosses from the same hometown, but Qiu De obviously doesn’t want to interact with the Ningbo Chamber of Commerce anymore, but his hometown cannot be changed.

Qiu De even explained: "Big boss, when I was in Shanghai, I rented a movie theater and tried to do some business, but unfortunately it didn't work."

"When Mr. Bao officially joined the Shanghai Banking Company, he was the business department manager. Out of sympathy for his hometown, he gave me some low-interest loans."

He Dingxian understood immediately and laughed loudly: "Hahaha, Mr. Bao, thank you very much!"

"If it weren't for you, I wouldn't be such a powerful shopkeeper." He expressed his gratitude and gave both of them face. Qiu Degeng and Bao Yugang both benefited greatly. Bao Yugang hurriedly said: "Mr. He , don’t say that, fellow villagers should help each other.”

"Besides, Mr. Qiu is ambitious and talented, and he will succeed sooner or later."

Qiu De even shook his head and sighed: "It's all He Sheng who praised me."

In fact, if Qiu De had not been the boss of Oriental Bank, Bao Yugang would not have interacted with him even if he came to Hong Kong Island.

Times have changed, but a casual favor that Bao Yugang received back then gave him a new opportunity.

He Dingxian said: "Mr. Qiu has never recommended anyone to me. Today, since he introduced Mr. Bao, I will definitely help him if he can."

"Besides, Bao Sheng is the benefactor and friend of Shopkeeper Qiu, so he is my friend. Did he encounter any trouble in the world?"

He felt that Bao Yugang might have some debts in Hong Kong that he could not collect back. He could not be short of money for business. Would bankers be short of money? But Bao Yugang said, "Thank you He Sheng. I need help with something, but it's not a political matter, it's a loan."

"Oh?" He Dingxian was surprised and asked aloud: "Is Mr. Bao short of money?"

In his memory, Bao Yugang had a smooth life. Not only did he start to make a fortune in his father's generation, he was also recognized as the world's shipping king by later generations. His Global Shipping Company once owned the most cargo ships in the world, with 210 ships in the 1980s. With a total deadweight tonnage of 21 million tons, it stands out from the crowd and firmly ranks first among the eight major shipping kings in the world. Its identity as the "world's shipping king" is far more well-known than its identity as a "banker".

Bao Yugang smiled when he heard this: "Why are you joking and doing business? Is there anyone who is not short of money? Besides, I am just a fledgling in Hong Kong based on seniority. I can earn money for food, but I have to invest, and I don't have enough money on my hands. We were really strapped for money, so I happened to hear that Mr. He's bank had a loan business, so I wanted to take a loan of US$700,000 to purchase a cargo ship."

"Mr. Bao, are you going to do maritime business?" He Dingxian raised his eyebrows when he heard this, and a sure and non-compensatory business was delivered to his door! Although the amount of US$700,000 is scary, Oriental Bank can actually afford it.

Moreover, the land purchased by Oriental Bank in Kowloon and the New Territories is sufficient. At this stage, it can indeed stop its "land enclosure" behavior and use its savings to seek other development.

Lending such a large amount of money to others is extremely risky. If Oriental Bank makes a mistake, it may face a credit crisis.

Therefore, even if Qiu Degeng had the right to approve the loan, he did not dare to make any arbitrary decisions and could only leave the matter to his boss.

Bao Yugang nodded and said: "I am a maritime student, and I am very optimistic about the shipping business. To be honest, I invested hundreds of thousands of yuan in a friend's business in the past few years. The import and export trade was very successful. There is no comparable business in Hong Kong now." Shipping is more profitable.”

"This is the truth." He Dingxian nodded in approval, but he had some concerns: "There is a three-point risk on shipping, and every shipment is a gamble. If you lose one shipment, you may lose your entire fortune, and the shipping industry on Hong Kong Island is already very developed. , it’s not easy to become big.”

"Mr. Bao, what are your plans?" He believed that Bao Yugang could stand out, but he couldn't guarantee that it would be this one. If the 700,000 US dollars of funds were wasted to pay tuition, it would be a big loss.

However, Pao Yugang sensed the opportunity in his words and said without hesitation: "Since Mr. He knows that I have been in the banking industry before, I will tell the truth. Currently, all shipping companies in Hong Kong are asset-heavy operations, so that's why There is three-point insurance, but my work experience in the first half of my life has made me most afraid of sub-risk. There is a way to join the shipping industry without sub-risk and get a share of the pie."

"That is to lease the ship to the owner of the trading company for a long time, treat it as a maritime property market, and collect rent on the ground!" He did not hide it and said with great certainty: "At present, most of the shipping companies in Hong Kong, except self-transportation, Ship owners all resort to short-term chartering because the shipping industry fluctuates greatly. For a ship sailing from Japan to San Francisco, the freight fee for a container is 20,000 before departure. When it returns to the shore, the freight may be 30,000, or it may be It’s 10,000, causing boat owners to like short-term rentals.”

"Leasing a voyage and changing the price once. If the shipping industry is in recession and global trade declines, the losses to ship owners will be huge. Because the shipping industry in Hong Kong is booming, all airlines are currently expanding rapidly and are constantly placing orders for shipyards. Order, shipyards in Hong Kong, Japan, and the United States are all building Chinese ships. One day is prosperous, but there is a huge crisis. One day, the shipping industry is in recession for a year and a half. At present, several major shipping kings in Hong Kong Island have to sell their ships and go bankrupt. , and even have to pay the shipyard sky-high liquidated damages."

He Dingxian was stunned for a moment. Unexpectedly, someone looked at the shipping industry with the thinking of the banking industry and collected ship rents using the method of collecting rents in the real estate market.

You must know that the shipping industry has huge profits and business pursues profits, which has led to the entire shipping industry being very radical, with new ships launching into the sea every day.

No matter what the boss is, he likes to buy two boats to use or rent out when they are not needed. This is equivalent to the real estate speculators in later generations who buy houses when they have money. After tasting the benefits, they can't stop. How can they believe that the real estate market is going to collapse?

It’s like Bao Yugang sensed the crisis in the property market and started operating the long-term rental market in an era when people were buying properties like crazy.

We are still looking for money in the property market, but we no longer focus on illusory huge profits. We use "private room rental" to speed up operations, obtain small profits, and avoid large capital losses.

Sure enough, Bao Yugang said: "After I purchase the cargo ship, I plan to lease it to major cargo owners with long-term lease contracts of three, five, or even ten years. The longer the lease period, the cheaper it will be and the safer my income will be. I can Withstand the market fluctuations in the shipping industry, make small profits, strive for stability, and make money at sea steadily."

He Dingxian immediately understood why Bao Yugang became the world's number one shipping king. It was not because he was fierce, but because he was stable!

On a merchant ship, only by working steadily can you climb far enough!

When He Dingxian saw the intention of the shipping king to set sail, he suddenly felt that there were so many talented people in Hong Kong. He immediately sighed with emotion: "I understand what Mr. Bao means. I admire him. I admire him, but with all due respect, Mr. Bao is here." I am a bank manager in Shanghai, but I don’t have any friends in the banking industry. How come you can borrow money from me?”

"What's the use of seven hundred thousand dollars?"

Bao Yu just breathed a sigh of relief and felt very confident in his heart. Instead, he calmed down and said: "There is a company in the UK that plans to sell a coal-fired freighter. Although it only has a displacement of 8,200 tons, it is also an old thing from before World War II. It has been launched. 28 years, the price is only US$700,000, and the company also guarantees delivery after repairs, the price is very suitable..."

"I originally planned to borrow money from HSBC and asked my friends to help me establish a good relationship. However, I didn't expect that the boss of HSBC was a thief. He openly rejected my loan application, but privately approached me and wanted me to get a loan. High interest payments.”