The Wealth Empire Crossing the Hong Kong

Chapter 461
People are born, aged, sick and die, whether you are a billionaire political leader or the poor, you cannot avoid it.

On May 5, Kowloon TV Station issued an obituary, and Mr. Dong Haoyun, director of Kowloon Film and Television Media Group and Chairman of the Board of Directors of Orient Overseas Group, passed away in Sanatorium and Hospital.

As one of the four major ship magnates in Xiangjiang and the top seven ship magnates in the world, the core member of the Xianghua Consortium, the death of Dong Haoyun was a blow to the Xianghua Consortium.

Especially in the current situation where the world's shipping is gradually heading for a trough, the death of Dong Haoyun also cast a shadow over the Xiangjiang Shipping Company.

Affected by this, on the second day after his death, when the stock market opened, the stock prices of Xiangjiang Shipping companies fell one after another. Even Huangpu Shipping, which did not have many ships, could not avoid the fate of the stock market falling.

Orient Overseas fell as much as 21% in the morning. Although it rebounded later, its stock price still fell 14.6% compared with the opening price at the close.

Such a decline does not matter to a company like Huangpu Shipping that does not have much foreign debt, but it is very fatal to OOCL, which has expanded rapidly in recent years.

Over the past few years, due to the chartered ship king abandoning the sea and landing, the size of the fleet in hand has gradually shrunk. In addition, Huangpu Shipping has also been reducing the size of the fleet in hand, while OOCL is just the opposite, with multiple mergers and acquisitions of financing and loans. Become the company with the largest fleet in Xiangjiang, and also the company with the largest fleet of private companies in the world.

Especially at the end of the previous year, the launch of the cargo ship Sea Giant ordered by Japan's Sumitomo Shipyard made it even more beautiful.

However, behind this glamorous appearance, OOCL is burdened with heavy debts. If the shipping boom is good, then OOCL will not have any problems in its overseas development.

However, due to the impact of the oil crisis and the weakening of the Western economy, the world shipping market has also begun to go downhill.

The large number of fleets not only failed to become a sharp weapon for the company to make money, but became a burden on the company.

The house leak happened to rain overnight, and the ship was late and hit the wind again.

With Dong Haoyun at the helm, relying on the relationship established by him, the ship of OOCL can also sail through the waves.

Now that Dong Haoyun is gone, not many people know whether OOCL will be able to develop normally. At least from the reaction of the stock market, most of the investors are pessimistic.

At such a moment, Li Jianhui welcomed a visitor in the office of Wheelock Building.

"Li Sheng, I came to visit you today. First, I hope that Li Sheng can take action to maintain the stability of the stock price of the shipping sector in the Xiangjiang stock market.

The second is to hope that when the business of Huangpu Shipping Company is abundant, the industries under the Tung Wah Association that have shipping business can give some to OOCL to help OOCL get through this difficulty.

The third is to know whether Huangpu Shipping has plans to purchase freighters in the near future. OOCL and my global shipping company have plans to reduce the size of the fleet. If Li Sheng is willing to purchase, we are willing to sell them at a lower price than the current market price. "

As soon as Li Jianhui heard it, he knew that the charter king was mainly here for OOCL today, and he was not interested in the three points mentioned by the charter king.

The shipping sector fell, and the death of Dong Haoyun was just an inducement. Even if there was no such incident, the shipping sector would go to the bottom due to market factors. This is caused by the global environment and cannot be changed by individuals.

Li Jianhui is not willing to use his limited funds here. He has the memory of his previous life, and he knows very well that the current shipping winter is just the beginning, and it will be more than ten years before it becomes prosperous again.

As for the industrial shipping business under the Donghua Club, Huangpu Shipping is currently sufficient to meet the needs, and he does not have the spirit of self-sacrifice.

As for the purchase of freighters, the current production capacity of Huangpu Shipping Shipyard is sufficient to meet the needs of Huangpu Shipping Company to purchase new ships.

We must know that Huangpu Shipping Company currently owns not only Xiangjiang Tsing Yi Shipyard, but also Malaysia Johor Bahru Shipyard, and also established a joint venture with Thailand to establish Nanmei Shipyard, whether it is for cost considerations or to train the skills of shipyard employees. Therefore, Li Jianhui will only order ships from these major shipyards.

It can be said that the charter king came to the wrong person today. Li Jianhui believes that it will be difficult for Xinhonghui and Xinyahui to give OOCL much help in this regard. After all, Xinhong will have Huaguang Shipping, Xinya There will also be Wanbang Shipping, and it is impossible for them to disregard the interests of their allies.

To save Dongfang Haihai, I'm afraid it still depends on Xianghua meeting himself, or asking Beifang for help.

"Bao Sheng, I believe you should be aware of the current situation in Xiangjiang. Now, each of our five major associations has shipping companies, and these shipping companies also mainly serve the business of the association in Xiangjiang.

It is impossible for us to cooperate with OOCL in terms of business, and I hope that Bao Sheng can understand this aspect.

I am also aware of the current situation of OOCL, and I admire Mr. Dong Haoyun's life very much.

Forget about buying a ship, I will communicate with Li Guobao, Feng Jingyao, Guo Zhiquan and others in the evening. At that time, Xinjian Bank, Bank of East Asia, Daoheng Bank, and Wing On Bank will make a joint loan to OOCL to help OOCL get out of the current predicament . "

Listening to Li Jianhui's previous words, Chartered Ship King was still a little disappointed, but he was full of surprises when he heard the latter words.

With the top three local Chinese-funded banks in Xiangjiang, and a joint loan from a local top-ten Chinese-funded bank to OOCL, it is enough for OOCL to get out of the current predicament.

As for the business, he will join Huo Yingdong and others to go to the north to seek cooperation. He believes that relying on Xianghuahui's properties and some businesses in the north will be enough to bring OOCL back to life.

"I am very grateful to Li Sheng for lending a helping hand at such a time. I also believe that Jianhua's ability will definitely lead OOCL out of the current predicament, and the loans of your major banks will definitely not suffer losses."

After sending off the chartered ship king, Li Jianhui called the members of Donghua Club in Xiangjiang respectively, invited them to have dinner at Xinhui Hotel in the evening, and at the same time mentioned the OOCL issue a little bit.

Li Jianhui is willing to provide some loans. One is to consider that Dong Haoyun has just passed away, the other is to give some face to the charter king, and the current successor of OOCL Dong Jianhua.

And he also knew that even if he didn't make a move, Huo Yingdong and others would come to the rescue at critical moments, OOCL would not go bankrupt, and its future development would gradually improve, so there would not be too much risk in taking out loans for it.

This time, it is more of a favor. Anyway, it is using the depositor's money, and it can also increase the bank's performance. Li Jianhui is still willing to do such a thing.

(End of this chapter)