Year: I had a good time when I was young

Chapter 767 Hong Kong Electric
Back at the Kowloon Racecourse, the representatives of the two banks had already communicated with the big boss who was behind the scenes.

In principle, they agreed to buy the Triple Crown horse promised by Chu Xiangqian for £1500 million together with Ahmed, but only if the horse failed to win any of the Kentucky Derby, the Pride Stakes and the Belmont Stakes in May and June this year.

Chu Xiangqian would have to pay them back 1500 million pounds and pay 300 million pounds in compensation.

Then you have to provide a horse every year until you win the Triple Crown.

If the horse still fails to win any of the Triple Crown championships that year, the contract will automatically be extended for one year.

And the horse will not be returned to Chu Xiangqian.

This condition didn't seem to be too harsh, but Chu Xiangqian refused without even thinking about it.

There is no problem in refunding 1500 million pounds, and it is also normal to compensate 1500% of 20 million pounds, which is 300 million pounds.

But providing a horse every year until the Triple Crown is won, there is a lot of room for manipulation.

Not to mention that Chu Xiangqian was able to cheat. He could just upgrade the horse to a higher level and he would definitely win the Triple Crown.

If you are not a fool, you will never agree to this condition.

Chu Xiangqian thought for a moment, then looked at Ahmed and the representatives of the two banks and said, “If you don’t win the championship, I will return the 1500 million and compensate you with interest.

If I only win one championship, I will get back £1200 million.

I will only get 500 million back for winning two championships."

Buying a racehorse that wins one of the Triple Crowns for 300 million pounds is actually a price that exceeds the value of the horse itself.

But Chu Xiangqian was certain that Ahmed and the big guys behind the two banks would not fight with him over a few hundred thousand or a million pounds in order to become champion horse owners.

Even Ahmed himself is willing to spend 300 million pounds to buy a horse that can win the Triple Crown in Magnesium.

As for the two championships, the price soared to 1000 million pounds, which is excessive.

But Chu Xiangqian said, "If you really win the first two races, I believe the big boss behind you will have plenty of ways to help your horse win the third race."

The two bank representatives looked at each other and immediately understood what Chu Xiangqian meant.

Once you win the first two races, before the third race starts, there are indeed many ways to ensure that your horse is the one with the greatest probability of winning the third race.

To put it bluntly, with the power of Morgan and Royal Bank, it is not difficult to make some small moves.

The two representatives pulled Ahmed aside and whispered for a while. Sure enough, after not long, Ahmed's voice became louder.

Even if Chu Xiangqian's hearing had not improved, he could still hear this guy threatening that he really couldn't come up with 1500 million pounds.

But 500 million pounds plus the oil field that produces 60 barrels of crude oil a year is still no problem.

Even Ahmed seemed to be reluctant to cooperate again.

At worst, he can find other desert tycoons to cooperate with. Even if he only wins two championships, it will be a huge honor for Ahmed.

The two representatives had no choice but to make another call.

But Chu Xiangqian called out to him.

Instead of asking them to call and report all the time, it is better to talk directly to the person behind the scenes over a long-distance call.

Chu Xiangqian took them to the VIP room of the racetrack stands at the auction site.

While watching the auction of purebred horses and Arabian horses in the afternoon, he asked Uncle Hai to have someone answer two calls in this private room.

This is an easy thing to do. At this auction, some of the people participating in the auction were actually just like the two bank representatives. They were tools sent by the big bosses behind the scenes to bid on the spot.

Therefore, the Kowloon Jockey Club has already prepared 50 dedicated telephone lines for this auction.

This is to make it easier for horse owners who do not want to show up to communicate with the representatives sent over in a timely manner.

Moreover, Chu Xiangqian was expecting the owners behind the two banks to participate in the auction while discussing the champion horse.

The more people bid, the higher the price.

However, Chu Xiangqian did not want Morgan Jr. and McDonald to participate in the auction of the first batch of 10 thoroughbred horses.

Among these 10 horses, there is one that Chu Xiangqian took out specifically to stimulate the market.

In less than 5 minutes, Uncle Hai and his people added a dedicated telephone line in the private room where there was already a telephone.

While the two representatives were calling the boss behind the scenes, Chu Xiangqian's mind was also on the track.

It was already past 1:10, and the first batch of thoroughbred horses, led by ten stable boys, had already entered the track.

For buyers participating in the auction to have a close look.

If a buyer requests it, a rider will ride a horse and run a lap around the track.

Of course, the rider will not try his best to control the horse to gallop like in a competition.

But when the horse is running, you can indeed see its general condition.

This is also an important reason why the auction held by Chu Xiangqian can attract so many buyers to participate.

When other horse farms sell horses, they are not as confident as Chu Xiangqian to let riders ride the horses onto the track.

The chestnut purebred horse that Chu Xiangqian had specially placed in the first race, with three-dimensional attributes of physique 1.3, strength 1.2, and agility 1.6, soon became the focus of buyers.

The original three-dimensional attributes of the champion knight were physique 1.4, strength 1.2, and agility 1.6.

Because it is only one lap, which is 800 meters, even the most professional horse appraiser cannot tell that this horse, which is as agile as a champion knight, will have physical strength as a big problem during the sprint stage.

Dozens of buyers tried to suppress their excitement and stared with shining eyes at the chestnut thoroughbred horse that had just finished a lap but was eager to run again.

Only Chu Xiangqian knew that the Champion Knight was able to win the Ying Kingdom Triple Crown Championship mainly because he added 1 point of physical fitness to the Champion Knight.

The 2.4 physique allows the champion rider to run at full speed without any worries on the Triple Crown track, without having to worry about lack of physical strength due to sprinting at the start.

In fact, the longer the distance of the race, the greater the advantage of the champion knight.

On the contrary, the 1600-meter track of the first stop, the ' Guineas', is the race where he is most likely to be overtaken by other horses.

At the 2400-meter mark in the second station and the 2800-meter mark in the third station, the champion knight's advantage grew as he ran, breaking the track record in quick succession.

But no matter how good the champion knight's performance is, its agility is also 1.6, so today this chestnut thoroughbred horse only ran one lap for the experts among the buyers to see the extraordinaryness of this horse.
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The representatives of the two banks, while talking on the phone, naturally would not miss any move on the track.

The two of them didn't care much at first, but when they saw dozens of horse owners staring at the chestnut purebred horse through the fence, it was impossible for them not to notice this abnormality.

Without bothering to continue the call, he directly communicated with his boss and asked Chu Xiangqian, "Mr. Chu, what is the starting price for this chestnut purebred horse?"

Chu Xiangqian glanced at the two of them, then glanced at Uncle Hai.

Uncle Hai immediately knew that his boss didn't want to answer this question, so he signaled himself to deal with the two men.

When Uncle Hai was a clerk under Bai Jinlong, he knew some English because he often had to deal with police officers, even foreign inspectors and chief inspectors. In recent years, he has been a manager at a horse farm, and the horse owners he met, even locals, like to speak English.

In addition, the horse farm employs many foreign riders, and after a few years, they have been able to communicate fluently in English.

When the two representatives heard that the purebred horses would be auctioned together with 10 horses just like the special auction of Arabian horses in the morning, they immediately understood what Chu Xiangqian was planning.

If you want to buy this chestnut thoroughbred horse that looks to be in excellent condition, you have to buy the other nine horses as well.

Otherwise, Chu Xiangqian was not stupid and would not have put this horse with great potential on the market, only to be bought by buyers at a price far lower than that of the champion horse, thus taking advantage of him.

Little Morgan and McDonald on the other end of the line also heard something unusual and started asking questions.

When they heard about the afternoon’s special, and a thoroughbred horse with great potential and performance appeared right at the start of the shoot, they both immediately became interested.

Young Morgan in New York directly asked the representative he sent to give the microphone to Chu Xiangqian.

Chu Xiangqian did not answer the phone directly. Instead, he put the microphone on the table and looked at the representative sent by the Royal Bank.

Soon, two microphones were placed on the table facing each other, and Chu Xiangqian spoke, "That chestnut horse is really good. I once thought it would be the second champion knight.

But believe me, even if this horse is as fast as a champion rider, it can only be a champion at a certain station, but it cannot win the Triple Crown because of its endurance. "

Morgan and McDonald on the other end of the phone were stunned for a moment, and then they understood what Chu Xiangqian meant.

He didn't want to cheat the partner with whom he was about to strike a cooperation, so as to avoid a loss of trust in the future.

At the same time, these words also hinted that Chu Xiangqian might actually have a purebred horse that could rival a champion knight.

Of course, it could also be a Arabian horse like Wuzhui.

Otherwise, if it were them, they would definitely not put up for auction a horse that has the ability and hope to win the championship on the track.

And because of the existence of Champion Knight and Wu Zhui, no one could doubt Chu Xiangqian's vision in horse racing.

The fact that Morgan Jr. and McDonald are silent doesn't mean the buyers in the stands aren't tempted.

These people, just like Morgan Jr. and McDonald just now, were extremely interested in the chestnut thoroughbred horse.

Moreover, the other nine horses in this batch are also good horses whose three-dimensional attributes exceed those of normal thoroughbred horses by several percent.

Even if it is not a champion horse, as long as it performs well, the price will not be low.

Otherwise, in the future, it will not happen that the champion horse will earn tens of millions of dollars, and the Triple Crown winner will earn one or two hundred million dollars.

There was even an example where a horse farm was willing to spend $7500 million to win the auction for the breeding rights to a Triple Crown horse.

If top-quality horses are so expensive, there are many examples of second- and third-rate horses being worth millions.

Believe it or not, after these 40 thoroughbred horses are bought by buyers and shipped back to Magnesium and Europe, some wealthy people will be fooled into buying these thoroughbred horses at a price higher than the auction price.

Then it is kept at a local stable, where tens of thousands of dollars are spent each year to raise and train the horse.

When it comes to participating in competitions, you have to spend tens of thousands of dollars to travel around to compete.

Once you rank among the top few and see hope of being in the top three, or even winning the championship, your future expenses will be higher.

Otherwise, there wouldn’t be hundreds of thousands of people in Europe and the United States engaged in horse racing.

The reason why the event is more popular than football, rugby and ice hockey is because of the money.
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Chu Xiangqian saw that the starting price of this batch of 10 purebred horses had risen all the way up to 500 million US dollars, and that there were more than a dozen people participating in the bidding. He knew that his goal had been achieved.

It seems that these 10 horses alone can be sold for at least 800 million US dollars.

Even more than 1 million US dollars.

At the third auction the year before last, the average price of thoroughbred horses was only $50.

However, although the 40 thoroughbred horses from the year before had performed well over the past year, not a single one of them won the top three in a Grade championship.

As for the Grade 2 and Grade 3 championships, they do little to increase the price of the thoroughbreds they sell.

If no good horse appears, future auctions will inevitably fall into a period of decline.

However, Chu Xiangqian was not confident enough that this chestnut thoroughbred horse could achieve good results in the Grade 1 Championship.

After all, there are too many uncertainties in horse racing.

Many times, luck is the decisive factor.

But if this chestnut thoroughbred horse can participate in a Grade 1 championship and finish in the top five, it actually means that the horses that have gone out of his hands are of very good quality.

There are tens of thousands of horses that can participate in competitions in Europe and the United States, but only 8 to 12 are eligible to participate in Grade Championships or Triple Crown competitions, which is one in ten thousand.

The fact that a horse has been auctioned twice in a row has achieved such results is proof in itself.

Of course, Chu Xiangqian would be happy to see him win the top three or even the championship in a certain station.

In the end, this batch of 10 purebred horses was bought at a high price of 920 million US dollars.

Chu Xiangqian was in a good mood. Before the second batch of 10 horses appeared on the track, he started arguing with Morgan Jr. and McDonald into two microphones.

In the end, the two men were no match for Chu Xiangqian in the argument. After all, Chu Xiangqian could choose not to do business with them, but there would always be no shortage of dignitaries and super-rich people who wanted to become champion horse owners.

So to a certain extent, this business was because Morgan Jr. and McDonald needed Chu Xiangqian's help.

Now that the cooperation has been agreed upon, all that remains is to pay.

Morgan Jr. and McDonald also did not want to give Chu Xiangqian 500 million pounds in cash directly, and Chu Xiangqian said directly that he only wanted US dollars.

As the heirs or helmsmen of the consortium, Morgan Jr. and McDonald naturally knew that Chu Xiangqian was worried that the exchange rate of the pound would continue to fall.

Little Morgan and his companion were even less willing to pay.

Then the second batch of 10 thoroughbred horses were led onto the track by stable boys.

Chu Xiangqian also negotiated the terms of the exchange with McDonald.

30% of Hong Kong Electric shares, a 16-storey building in Central, and five Victory ships with a load capacity of 5 tons built in the early 50s.

Chu Xiangqian had always been thinking about China Light and Power, one of the only two power supply and power generation companies in Hong Kong Island.

Another one is Hong Kong Electric.

Unfortunately, the major shareholder of China Light and Power is Kadoorie, who is reluctant to sell, and Chu Xiangqian has no way to force them.

Now that there is a chance to get 30% of HK Electric's shares, even without Central Building and Victory Cruise, Chu Xiangqian will agree to McDonald's use HK Electric to offset the 500 million pounds.

Now the three items added together are actually worth almost 500 million pounds.

(End of this chapter)