Chapter 307: New Land King in Central

Afterwards, Yang Wendong followed Ryuu Takao and came to a 12-ton large oil tanker.

Yagyu Takao said proudly: "Mr. Yang, this is the standard tanker that our company can currently manufacture, with a carrying capacity of 12 tons."

Yang Wendong looked at the tanker, which was about 200 meters long, and asked, "What's the price of this ship?"

Yagyu Takao replied: "The transaction price of this ship is 1360 million US dollars."

"It is also the most expensive cargo ship in Asia, right?" Yang Wendong said with a smile.

This ship is almost equivalent to the annual net profit of his entire group. Without a bank loan, he could not afford it.

Yagyu Takao said: "Yes, but this kind of tanker has the strongest transportation capacity. One transportation is enough to meet the oil or other fuel needs of many small countries for several months."

"Yeah." Yang Wendong nodded and said nothing more.

"Then let me give you a detailed introduction?" Yagyu Takao said again.

"Okay." Yang Wendong naturally wouldn't refuse.

He may not necessarily buy such a boat, but he can learn about it first.

Over the next hour, an engineer next to Yagyu Takao introduced the huge ship in front of them to Yang Wendong and his group, and also talked about other types of ships.

"This kind of industry is indeed enviable." Yang Wendong was quite emotional after he stepped onto the deck.

Although the profits of our own industries are not low, they are far inferior to this.

Zheng Yuhua said with a smile: "Mr. Yang, Hong Kong actually had a shipyard in the past. It could build some ships in the rivers, and it developed quite well.
But then we completely lost orders from the mainland, and gradually disappeared, and now only a few shipyards are left.”

"Well, it's impossible for a small place like Hong Kong to develop a very strong industry." Yang Wendong nodded and said.

It is inevitable that Hong Kong will completely transform into real estate and finance. With the development of internationalization, industries are beginning to show cluster effects. Not to mention Hong Kong alone, many countries will be siphoned off by powerful industrial countries, and eventually their internal industrial systems will collapse.

Zheng Yuhua added: "President Liu Sheng just asked me privately whether we are interested in purchasing this 12-ton tanker."

Yang Wendong thought for a moment and asked, "Do you think our crew can handle such a large tanker?"

The operation of an oil tanker is definitely much more important than that of a cargo ship. During this period, Changxing Shipping had 6 5-ton oil tankers involved in water transportation, and there was no risk in transporting water. This actually gave Changxing Shipping an opportunity to cultivate talents in this area.

This time when I came to buy an oil tanker, I was also thinking of buying one of similar size for the sake of safety.

Zheng Yuhua said: “There is not much difference between large tankers and small ones in the deep sea, except that the requirements are higher when docking, but such people can also be poached.

In 1959, Tung Chao-Yun placed an order for a 10-ton tanker in Japan. At that time, he recruited captains from overseas and taught the Chinese. So far, there have been no problems.

Yang Wendong smiled and said, "So, our current situation is much better than Dong Haoyun's back then?"

"Yes." Zheng Yuhua added: "As long as we buy such a large tanker, we will not have to worry about orders. Its transport load makes its transportation cost per ton of oil very low.

The inconvenience is actually that the requirements for ports are a little higher, but now there are technical facilities that can directly take oil from the sea and deliver oil without being close to the port, and ports in many countries are also equipped with this equipment. "

Yang Wendong asked again: "This tonnage can't pass Panama, right?"

Zheng Yuhua nodded and said, "Yes, it can't pass, but it can pass the Suez Canal, so as long as we don't do business in America, we won't have to worry about the business of this kind of cargo ship."

"Well, what about the bank?" Yang Wendong asked again.

No matter how profitable the business is, such a large amount of money still needs bank support.

Zheng Yuhua said: "What President Liu Sheng meant is that the bank they cooperate with can provide us with a 6% mortgage, which is already % more than ordinary ships.

Plus our cooperation with HSBC means that the amount of money we need to pay ourselves is much less.”

"One tenth more?" Yang Wendong was also somewhat moved, and asked, "Do they dare to take such a big risk?"

Ten percent may not seem like a lot, but for the lender, assuming that he originally needed to use his own funds to advance 3%, and now he has 33 percent less, then he has saved % of his funds. Even if he uses leverage a little more, the proportion will be even greater.

This is just like in the mainland in the past, when many people played with financing and speculation in real estate. If the bank could lend a little more for a loan, they could buy more houses later, making the bubble bigger.

If the market strengthens, you may be able to make double the profit or even more, but if it weakens, the leverage will kill you.

This is also a high risk for banks.

Zheng Yuhua said: "Banks in Japan are also commercial institutions. They also pursue profits, and this risk is not very high in their eyes.
Japan is currently in great need of oil, so the larger the tanker, the more suitable it is for Japan, because buying oil from the Middle East to Japan does not require crossing any canals.

"Then our ships will transport oil to Japan in the future?" Yang Wendong asked.

Zheng Yuhua said: "It should be possible. Japan is one of the world's largest oil importers. Even if it doesn't work, Europe has a huge demand."

Yang Wendong thought for a while and said, "Okay, I can consider it, as long as there are enough discounts on the loan. Remember, the amount is the most important. If a higher interest rate can get a higher amount, that's fine."

For others, this is a very risky business, because if the shipping business is not good, such high interest rates may be the last straw.

But for the time travelers, in the next ten years, large oil tankers will be walking gold collectors. After the Middle East crisis, not to mention transporting oil, even selling the ships can make several times the profit, because there was a global shortage of ships at that time.
Zheng Yuhua said: "Okay, I will negotiate with the financial institutions in Japan."

"Well, we also need to consider HSBC's risk control needs." Yang Wendong added: "In Japan, we need to find a good client first, but we can only sign a one-year contract."

"I understand." Zheng Yuhua agreed. He also knew that his boss's behavior in renting ships for a long time was different from Bao Yugang's. None of Changxing Shipping's ships, whether new or second-hand, were rented for a long time. For example, several ships purchased last year were rented to Japanese companies, also on a one-year basis.
Yang Wendong added: "In addition to this large ship, other 5-ton tankers and bulk carriers also need to be considered. Now that Asian financial institutions are optimistic about shipping, it is the best time for us to take advantage of the opportunity to expand."

If you miss this opportunity, you may never have it again. It is a waste to not waste the bank's funds, whether they are from Japan or Hong Kong.

If you are really ruthless and buy a ship of hundreds of thousands of tons, you can make back your investment in the next few years. Then if the Middle East crisis breaks out, you will really make a lot of money.

This kind of opportunity only comes once every few decades, and the speed at which you can make money is far greater than from your own industrial factory or even real estate in Hong Kong.

In the following week, Yang Wendong visited several other large shipyards in Japan and expressed his intention to allow multiple companies to compete so that he could maximize his own interests.

Such large ship transactions also require negotiation on many technical issues, which Yang Wendong cannot participate in.

On December 12, Yang Wendong returned to Hong Kong from Japan and met Sanders, whom he had made an appointment with in advance. The two met at the Peninsula Hotel again.

After a brief greeting, Yang Wendong told him about his trip to Japan.

After listening to him, Sanders asked, "Mr. Yang, are you planning to make a big splash in the shipping industry?"

"Yes." Yang Wendong nodded and said, "Compared to Dong Haoyun or Zhao Congyan, the tonnage of my ships is still far behind. Now I am also preparing to start purchasing new ships in large quantities."

Sanders smiled and said, "That's right, but Mr. Yang, you bought so many second-hand ships before, and now most of them are invested in transporting water. Now it seems that I was short-sighted.

The rewards Yang Sheng has received now are much more meaningful than how much money he makes."

Yang Wendong smiled faintly and said, "Those rewards are not what I absolutely want, but it would be better to have them."

After Changxing Shipping started transporting water on a large scale, the Governor of Hong Kong and many officials of the Hong Kong government had a natural liking for him. The same was true on a social level, whether they were businessmen or ordinary people.

This is actually human empathy. Perhaps most people will not sacrifice their own interests to help others, but after they know about this kind of thing, they will also admire or like such people. Just like on Douyin in the previous life, when someone went into the water to save people, they could basically get praise from everyone, although these people who praised them would most likely not save people themselves.

Of course, as a time traveler, even if Yang Wendong wanted to do something good, he would make plans early and eventually use some methods to allow both the social group and himself to benefit. Only in this way can the business be operated in the long run.

Sanders nodded and said, "As far as I know, many officials in the UK have praised your behavior, and the situation in the mainland is similar. These two points alone are enough to ensure that your future business will at least have a stable environment."

"Haha, that's even better." Yang Wendong smiled and said, "If I am stable, then there will be no risk for HSBC to cooperate with me."

Sanders smiled and said, "Of course. For cooperation with lower risks, I will naturally give certain discounts."

"So, this time when I purchase large oil tankers and bulk carriers, HSBC can provide full support?" Yang Wendong asked again.

Sanders said: "I naturally agree to cooperate, but it involves more than tens of millions of dollars of funds, and I can't decide immediately;
All kinds of information and risk control need to go through formal procedures. As for the loan amount and interest, they also need to be decided after all the information is complete. "

"Of course, the same goes for banks in Japan." Yang Wendong nodded.

Such large-scale transactions are very complicated, requiring the shipyard and multiple banks to determine the transaction amount, loan amount, interest, delivery time, repayment method, etc. Even the shipyard needs to reach many agreements with the bank.

Because shipbuilding also requires a lot of capital, shipyards and ship owners are actually the same. They desperately use leverage to start the entire project with the least amount of their own capital.

"Okay, then I would like to congratulate Mr. Yang first. You are about to become one of the shipping kings in Hong Kong." Sanders said with a smile: "I hope we can continue to cooperate for a long time in the future."

Given Yang Wendong’s previous achievements and the development trend of the shipping market, there is no reason for HSBC not to cooperate, otherwise it will look for other banks.

The most important thing for a large commercial bank is to have large customers who are stable, low-risk and have large capital needs. This will enable long-term cooperation and benefit everyone.

Yang Wendong nodded and said, "I hope so too."

For real estate in Hong Kong, you can rely on local banks, but for shipping, you need to rely on HSBC.

"Hmm." Sanders took a sip of tea and said, "By the way, there is one more thing I can tell you in advance."

"What's the matter?" Yang Wendong was also a little curious.

"You will know this soon." Sanders said with a smile, "The Governor's Office held a meeting a few days ago to discuss the issue of alleviating the drought in Hong Kong. I also attended.
Some of the content involved cannot be disclosed, but the core of the entire meeting is the need to increase the budget for buying water from the mainland, especially next year. Therefore, the Hong Kong government decided to put aside an extra piece of prime land for auction, so that the funds raised can be used to buy water to alleviate drought. "

"Oh, which piece of land?" Yang Wendong asked.

It seems that it was my own influence, or in other words, my previous meeting with the Governor of Hong Kong had a certain effect.

In fact, selling more land is the best way to solve the drought. A piece of high-quality land can easily cost tens of millions, and investing so much money in buying water is really effective.

In the past, the factories that brought Dongjiang water into the port only spent tens of millions of RMB, although the exchange rate is difficult to calculate.

Sanders said: "This piece of land is on Queen's Road in Central, with an area of about 2.5 square feet. In terms of location and size, it is almost a new land king."

"A plot of land of this size on Queen's Road in Central can indeed be considered the king of land," Yang Wendong agreed.

In today's Central, there are several plots of land auctioned every year in the fringe areas, or you can directly buy old buildings, but land in the central location is rare on the market.

In particular, Jardine Land and several other British companies like to buy properties in the core area of Central.

Sanders added: "It seems that Mr. Yang is very interested in this? But I guess Yihe is the same."

"Yihe?" Yang Wendong smiled and said, "So what? If he takes a fancy to me, should I give in?"

PS: Please give me a monthly ticket
(End of this chapter)

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