Year: I had a good time when I was young

Chapter 841: Take a Long-term View
After the morning auction ended, Chu Xiangqian was delighted and said to his beloved sons Chu Jingrong and Zheng Baoyi with a smile, "Let's go, I'll take you to a big dinner."

Because Chu Jingrong has a physique of 5.2, his appetite has always been much larger than other children of the same age.

When he heard that there was something delicious to eat, the smile on his face suddenly brightened.

As for Zheng Baoyi, the little girl was of course also looking forward to eating something good.

But the little girl has grown up enough to know how to have lunch with her mother and a few aunts.

Chu Xiangqian couldn't help but praise Zheng Baoyi a few words, but as soon as the three of them left the VIP area, they were stopped by Bridge and several shareholders of the Jockey Club.

In just one morning, with only 20 Arabian horses and 20 Arabian horses, an auction record of $3360 million was set.

According to Bridge and others' estimates, Chu Xiangqian's profit from horse racing is at least 15%, which is a profit of 504 million US dollars.

If we can achieve a 3% profit, that would be over tens of millions of dollars in profit.

If the total auction amount of Chu Xiangqian's 120 horses can reach more than 1 million US dollars, Chu Xiangqian's profit will be 1500 to 3 million US dollars.

This is only the first auction of the year. If Chu Xiangqian can find horses suitable for auction in the second half of the year, he can make money again.

More than 1% of companies in Hong Kong Island have annual profits of less than million US dollars.

Even the few British-controlled industry giants may not make more than 30 million US dollars in annual profits in Hong Kong Island.

So when you think about Chu Xiangqian being able to earn 20 to 30 million dollars from an auction, it makes people crazy with envy.

The horses that had been favored by the outside world in the morning were indeed sought after by most buyers during the auction.

The tallest Arabian horse, which had no achievements at all, was sold for $410 million.

Others are also more than 200 million per horse.

This alone makes this year's auction standards a level higher than in the past.

But Bridge and others also began to worry that Chu Xiangqian's special auction would absorb too much funds in the market.

The ordinary session starting at 3: p.m. and the ordinary session throughout tomorrow will be abandoned by buyers coming to Hong Kong due to funding issues.

After all, although Chu Xiangqian's horses were sold at a very high price, in the past four years, no buyer had ever said that they had bought smuggled goods.

Gradually, a brand effect was formed. Although it is a little more expensive, it is completely acceptable to some novice wealthy people.

Otherwise, you would spend hundreds of thousands or even millions of dollars to buy a horse, only to find out in the end that it has no performance and is not even a Ferghana horse. That would be a real bummer.

The reason why Bridge and other shareholders of the auction house stopped Chu Xiangqian was simply to find out from him whether there were any horses with great potential among the 12 3-year-old Arabian horses and 12 2-year-old foals to be auctioned at the regular auction at : pm.

Chu Xiangqian chuckled. It’s no wonder that Charles, Ge Bai, Blair and Lucas were the ones he had come into contact with the earliest in the poker club.

The few foreigners who got the most Arabian horses were actually quite lucky.

Twelve three-year-old Arabian horses are actually not that good.

But there were indeed two of those 12 two-year-old foals, which, in Chu Xiangqian's opinion, were no worse than the Arabian horses that spawned every day in the Novice Village.

Of course, the three-dimensional attributes 1.3, 1.4, and 1.5 are just normal in Chu Xiangqian's eyes.

It is considered outstanding only when one attribute exceeds 1.6, and for top-quality horses, the other two attributes cannot be lower than 1.3.

Otherwise, if the academic performance is too imbalanced, it will be difficult to get good grades.

Among those 12 foals, one had a physique of 1.4, strength of 1.2, and agility of 1.4.

This horse is only 2 years old. If it is properly trained and raised, it will be basically easy for its physique and agility to both exceed 1.5 when it is three years old.

Even if its agility reaches 1.6, its physique 1.5, and its strength 1.3 or 1.4, then this horse has the potential to win the championship simply based on its own strength.

Chu Xiangqian thought about it and although he also wanted to buy it, overall, this horse only had the potential to be a champion.

And if you want to win the championship, just find a good horse and upgrade it to the Triple Crown level.

There is no need to compete with others for the ownership of this horse.

More importantly, Chu Xiangqian has already made up his mind not to organize any more Triple Crown horse races in the next two or three years.

Therefore, it is most beneficial to oneself if more good horses appear at the auction and perform extremely well after being bought by buyers.

So Chu Xiangqian quickly decided to hint to Bridge and others.

While hugging Chu Jingrong, he lowered his head and said to Zheng Baoyi who was holding his hand, "Baoyi, didn't my brother scratch your skirt this morning?

Uncle will buy you a pony as compensation, okay?"

Zheng Baoyi was stunned, then shook her head after a few seconds of being happy.

She hurriedly said that buying a pony was too expensive and it would be better to buy herself a few new skirts.

Besides, Chu Xiangqian gave her a one and a half year old Arabian horse the year before last. After almost two years, Zheng Baoyi was extremely fond of her three and a half year old horse.

And the horse actually did OK on the track.

After all, it came from the Novice Village and was a gift specially prepared by Chu Xiangqian.

Although the three attributes were not outstanding when it was one and a half years old, after two years of feeding and training, the horse's growth had reached its upper limit.

Although he did not win the championship, he was one of the very few horse owners in Hong Kong Island who was qualified to enter the finals during the few months of the racing season.

The horse training level at Kowloon Racecourse has also proven to be improving.

Chu Xiangqian was satisfied, and the employees at the horse farm were also more satisfied with their income.

So in Zheng Baoyi's heart, her horse will surely win the championship in Hong Kong Island sooner or later.

How could I have the energy to raise another horse?

Chu Xiangqian's goal had actually been achieved. When Bridge and others heard Chu Xiangqian talking about foals, how could they not understand?

Among those 12 foals, there must be one that Chu Xiangqian is optimistic about.

They were so optimistic about it that Bridge and other shareholders began to secretly consider whether they should send someone to participate in the auction.
Fortunately, I bought the horse that Chu Xiangqian liked.

After one year, the horse will be three years old, and the profit will probably be double, triple, or even five or six times.

As for asking Chu Xiangqian to be more specific, Bridge and others were of course eager to know which foal it was.

But Bridge and others are also smart people.

It is basically impossible for Chu Xiangqian to point out which one it is, as this involves issues of reputation and morality.

Even if he really pointed out which horse it was, everyone would have to pay several times or even dozens of times the price to buy it.

This is a competition of financial resources, which is very unfair to some shareholders.

Moreover, if the bid is too high, there might be no profit when you sell it after one year, which would be meaningless.

It would be better for everyone to rely on eyesight and luck, since there are only 12 foals.

Bridge finally looked at Zheng Baoyi, "Baoyi, uncle will invite you to become a member of the Jockey Club in a few days, okay?"

The other shareholders were stunned, and then their eyes lit up. To put it bluntly, this was to please Chu Xiangqian.

As long as Chu Xiangqian agreed on behalf of Zheng Baoyi, it would mean that Chu Xiangqian would not participate in the auction of 12 foals in the afternoon.

Zheng Baoyi really looked up at Chu Xiangqian, and Chu Xiangqian rolled his eyes at Bridge.

I am also a director of the Jockey Club, so inviting anyone to join the Club is just a matter of a word.

Of course, it is impossible to invite too many people every year. All directors only have 1 to 3 places each year.

Moreover, over the years, the tacit understanding formed by everyone is that even if recommendations are made, no more than two will be made.

Many directors simply don’t recommend for several years, not because they don’t want to make pocket money from recommendations.

But everyone understands that even if a quota costs 5 or 10 Hong Kong dollars, the reputation of the Jockey Club, as well as the convenience and benefits it brings, are far more than what 10 or 20 Hong Kong dollars can compare to.

After all, the benefits of maintaining the Jockey Club's reputation are far more than just that little bit of money.

So after Chu Xiangqian became a director, he only recommended his wife Xue Jinglan.

Starting next year, Chu Xiangqian will begin to recommend subordinates or partners who have worked for him for many years, such as Zou Wenhuai, He Guanchang, and Huang Weixin.

I recommend just one per year, no more, no less.

If necessary, we can find other shareholders of the Jockey Club and exchange their interests for a quota.
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Chu Xiangqian lowered his head and asked Zheng Baoyi, "Baoyi, do you want to become a member of the Jockey Club?"

Zheng Baoyi's horses have all participated in competitions, so she was of course very enthusiastic about horse racing and nodded without thinking.

Then she grabbed Chu Xiangqian's big hand, put it on her little face, and said with a flattering smile, "Uncle is the best, Baoyi loves uncle the most."

Chu Xiangqian laughed and cursed, "Smartass," then nodded to Bridge, "Build momentum for Baoyi first, lest if we suddenly announce the new member list, many people won't be able to accept it and vent their anger on a little girl."

Bridge and others certainly understood what Chu Xiangqian meant. There were many wealthy people who had applied for many years but had never been able to become members.

Since I failed again, I must be unhappy.

But after failing so many times, these people would just keep scolding for a few days.

But if they suddenly saw an 8-year-old girl becoming a member, it is possible that they would get hot-headed and angry and start to expose and curse the media.

So they built up momentum in advance and even revealed the relationship between Chu Xiangqian and Zheng Baoyi, and then said in the media that Chu Xiangqian liked this little girl very much and had given her a one-and-a-half-year-old Arabian horse a few years ago.

Although this horse did not get the top three in the competitions it participated in after it turned three years old, it was qualified to participate in the finals and has broken many records.

In addition, she has been a horse owner since she was 6 years old, breaking the record for the youngest horse owner in Hong Kong Island, in order to encourage more people to join the sport of horse racing.

After discussion among all the directors and the Selection Committee of the Jockey Club, a majority of them agreed to welcome Ms. Zheng Baoyi as a new member of the Club.

Once this reason is given, most horse owners, enthusiasts, and ordinary people will be much less resistant to this matter.

If Chu Xiangqian invited the children from Zheng Baoyi's school to visit Kowloon Racecourse once or twice a year in the name of Zheng Baoyi.

And if we form regular charity activities, there will be less resistance.

Of course, Chu Xiangqian is not so stupid as to invite all the elementary school students to go to the horse farm for a day every year.

It's really too much trouble to take care of and keep an eye on hundreds of little ones.

So if we fix it to third grade, or fifth grade, the number of little ones would be reduced by four-fifths instantly.

Zheng Baoyi's school is an aristocratic school, and there are several hundred students in all the classes in the five grades.

But there seem to be only 4 classes in one grade, with about 80 students.

Chu Xiangqian could even invite the child's parents to go to the horse farm for a day.

If something happens at that time, the horse farm’s responsibility will be much smaller.

And since the parents are accompanying their children, before the trip, Chu Xiangqian will definitely ask a lawyer to cooperate with the school and ask the parents to sign a waiver agreement.

Otherwise, don't go.

The main idea is, come and play, I’ll pay, it’s all money from charity funds anyway.

But if anything goes wrong, the stable will not be held responsible.

Of course, if something really happens, even if there is a contract, it is highly unlikely that the racing farm will completely shirk any responsibility.

But with a contract, there will be much less trouble.

Bridge asked tentatively if he could mention the relationship between Zheng Baoyi and Chu Xiangqian himself.

Before Chu Xiangqian could say anything, the little girl's heart tightened.

Zheng Shufen had mentioned to the little girl privately before, how about recognizing Chu Xiangqian as her godfather in the future?
Zheng Baoyi's parents divorced when she was 5 years old. No, she was actually only 4 years old at that time, but she just said she was 5.

She actually didn't have a good impression of her biological father. When Chu Xiangqian appeared, his handsome appearance easily attracted the little girl.

After living together for several years, Zheng Baoyi really wanted Chu Xiangqian to be her father.

Moreover, Zheng Baoyi has almost no memory of her double-plug father who flew to Europe to seek his own love and happiness.

But Chu Xiangqian didn't like the title of godfather, and he was also worried that when Baoyi grew up, someone would slander her, so he ignored Zheng Shufen's hints.

After two or three times, Zheng Shufen simply stopped mentioning it, so as not to offend Chu Xiangqian.

Fortunately, her worries were in vain. Chu Xiangqian liked Zheng Baoyi as always. Even after Chu Jingrong was born, he did not neglect Zheng Baoyi.

However, although Chu Xiangqian did like cute little girls in the past, he didn't actually spend much time with Zheng Baoyi every year.

So now I take Zheng Baoyi out to play a few times every year, have meals together, and buy her some toys.

In the minds of Zheng Shufen and the little girl, the treatment was the same as before.

It can be said that the requirements for this mother and daughter are indeed very small.

Now when she heard Bridge asking if she could make her and Chu Xiangqian's relationship public, it would be strange if the girl wasn't nervous.

Chu Xiangqian thought for a few seconds and then said with a smile, "Shufen has been with me for more than three years, you can bring up this matter.

As for Baoyi, she is no different from my daughter. Just don't make up stories."

Bridge and the others looked at Baoyi with envy and blessings, secretly thinking that this little girl was really lucky.

When Zheng Baoyi heard that she was Chu Xiangqian's daughter, she was so excited. Moreover, Chu Xiangqian agreed to make his relationship with her mother public, which was even more important in the eyes of the little girl.

I secretly thought that my mother would be very happy, and I wouldn't have to worry about anyone calling me and my mother bad people in the future.

Anyway, Hong Kong allows concubines, and there are many families with several wives.

Being a mistress to Chu Xiangqian and being a mistress to an ordinary rich person are two completely different things.

And for a divorced woman with children, this is a great blessing.

(End of this chapter)