Year: I had a good time when I was young

Chapter 911 The more the partners earn, the more profit they make

When Xue Jinglan and others heard Chu Xiangqian say that if they gave birth to a daughter, he would give them a skyscraper in Central.

While feeling envious and happy, one could naturally hear that Chu Xiangqian should be able to make a lot of money this time.

Moreover, considering the land price in Central at that time, if they were willing to give away a building worth more than 20 million, then the money they made must be at least hundreds of millions, right?

Feifei even pestered Chu Xiangqian and jokingly said, "If I give birth to two or three daughters in the future, can I also get two or three buildings?"

Chu Xiangqian rolled his eyes at the money-grubber and said, "Of course I'm willing to give you the building, but it's for my daughter's dowry."

Feifei chuckled, "It will take another 20 years for our daughter to grow up and get married. During this time, won't we as mothers be in charge of the building?"

Chu Xiangqian said with a sullen smile, "Then if you have the ability, give me ten or eight daughters, and then I will really give you ten or eight buildings."

Feifei pouted and said, "I don't want to have so many children."

After saying that, he thought for a moment and said, "It would be best if we had one son and one daughter. If we have too many, we won't be able to control them."

The other women thought about it and it seemed to be true.

Although having many children is a blessing these days, people who have experienced hardship know how difficult it is to raise several hungry children.

And to be honest, having so many children probably means there are no contraceptive measures or no awareness in this regard.

Having more children means having one more labor force.

Working diligently and laboring has always been the Chinese people's hope to become wealthy.

But Feifei and her friends are not short of money at all, so they naturally think about eugenics and quality development.

This is inevitable.

Decades later, society has also proven that after people have no worries about food and clothing, their mindset has changed and they no longer regard labor as a means of getting rich through diligence and thrift.

Not to mention that in Feifei's eyes, with so many sisters, it is impossible for Chu Xiangqian, as a father, to take care of the education and training of all his children.

So if you have too many children, in the end it will be you as the mother who will have to bear the brunt of the hardship.

As for dividing the family property, I thought about how Chu Xiangqian was only 25 years old and in such good health.

It will take at least fifty or sixty years before he starts to divide the property when he gets old.

There is no guarantee that when I am old and have to meet my ancestors, my man will still look like a middle-aged man.

So thinking about dividing the family property at this time is simply hopelessly stupid.

It would be better to hope that your children will give you more grandchildren and grandchildren.

When I get old, I will have more grandchildren to accompany me and make me happy.

Even Xue Jinglan suddenly felt that having two children was indeed enough.

But this thought only lasted for a moment before she dismissed it.

You are the eldest wife, why should you set rules for yourself?
Of course, just let it be.

Besides, my husband has already deposited 3 million US dollars in a fund whose only beneficiaries are himself and his children.

Although this money has adopted a conservative strategy in the past two years, only blue-chip stocks on the New York Stock Exchange have been purchased.

It was thought that the annual profit should be only about 10%, but Chu Xiangqian set his sights on IBM, Boya, Pan Am and General Motors.

Originally, Chu Xiangqian wanted to buy the original shares of Walmart Supermarket, but unfortunately Warren had no shortage of money to develop Walmart.

The only way to get shares on the stock market is six or seven years later when Walmart goes public.

As for many young people like Chu Xiangqian in his previous life, they had never heard of Pan Am.

Although it went bankrupt in the 90s, the airline was a giant among airlines throughout the s, s and the first few years of the s.

The first to purchase the Boyin 747 and bet on the Boyin 747, buying 40 aircraft at once.

So much so that other airlines realized that this type of long-range, low-cost, large-passenger-capacity aircraft would be the future of passenger transportation.

When they were in a hurry to place an order with Boyin, Pan Am's orders had already forced Boyin to expand repeatedly, and other airlines had to wait two years before they could get the aircraft.

This alone allows the company to occupy a large share of the long-distance passenger business in Europe and the United States.

The situation got out of control and the Pan Am Airlines Management Committee was almost forced to dismember the company to avoid leaving Pan Am as the only airline in the country.

This shows how rapidly this company is growing.

Not to mention IBM, Boya and General Motors, these three companies will be industry giants in the next 20 to 30 years.

So Xue Jinglan thought that with the 10 million yuan in the family fund, a % profit every year would be enough.

But last year the fund's profits exceeded 24%.

If we maintain this 20% profit, it will increase sixfold in ten years and 6 times in twenty years.

Although the foundation can avoid taxes, it must set aside 5% of million each year for charitable purposes.

But the operating costs of the fund can actually be counted in this 5% expenditure.

This is why there are many European and American fund holders who may only have a few million dollars in assets but can easily buy airplanes, sports cars, yachts and luxury homes.

This is because most of the family wealth is placed in the fund.

What’s more, unlike a trust, a family charitable fund can be controlled by the family, rather than like a trust where the money is handed over to a professional team.

If management loses control, you won't be able to use the money in the trust fund.

At the beginning of this year, this money had appreciated to US$3420 million.

What is foreseeable in the future is that just relying on the profits of these four companies, the funds held by the transfer fund that belongs exclusively to Xue Jinglan and her children may reach US$10 billion or even tens of billions of dollars.

Of course, at this time, Xue Jinglan had no idea how rich she would be in the future.

But since she is not short of money, whether to have another one or two after giving birth to two children depends entirely on Xue Jinglan's mood.

The sisters Jinzhi and Jinxiu looked at each other and thought that if they each had one child, it would be enough.

Of course, the prerequisite is that the first child is a boy, otherwise the two sisters will definitely continue to have children.

Not to mention, Chu Xiangqian himself said that if you give him a daughter, he would reward you with a building in Central.

Ten or eight is just a joke, but for two or three, the two sisters would definitely be willing.

If the first child was a boy, the two sisters thought that there seemed to be no need to have so many children.

Of course, this is just what a few women think at the moment, and there is a high probability that their minds will change in the future.

Only Aiyuan sat aside in displeasure, not saying anything.

Aiyuan saw it very clearly. As long as she asked, her brother would definitely tell her to find a boyfriend first.

Then several sisters-in-law started introducing candidates, saying this one was good, that one was good, but in the end, they were all second-generation rich kids who were all good at talking but actually had no talent.

And let them be second-generation rich people. Among the children of rich people, there are some who are unmotivated, but the more motivated they are, the stronger their utilitarianism is.

Aiyuan has met more than one such person. They usually behave well, but in the end they all reveal their desire to get in touch with the big brother.

Aiyuan felt uncomfortable when she thought about becoming someone else's stepping stone.

If Chu Xiangqian were to say this, he would say that his sister has become pretentious because she has money.

In this world, is there any marriage without a little utilitarianism?
While chatting and laughing with the wives, Zhang Tianzhi knocked on the door and opened it, "Boss, the deal over there is done." Chu Xiangqian nodded, said hello to Xue Jinglan and others, then got up and went back to the reception room.

Ye Xiaoli smiled and reported, "Mr. Chu, Mr. He and others used 6 million Hong Kong dollars to get a total of 30% of the shares. My shares have been reduced from 70% to 49%, and you have 21% left.

However, since I have borrowed 3 million from you with an annual interest rate of 8%, I have to pay you 10 million within 2400 years.

My idea is that I won’t pay you the interest, but will give you 9% of my shares.

I keep 40% and you keep 30%, how about that? "

Chu Xiangqian did a quick calculation and realized that he would definitely get the upper hand if the shares were calculated this way.

Getting 6% of 30 million means that He Zanyuan and others valued Mingda at 2 million.

This has seriously overestimated Mingda’s market value.

Before he lent money to Ye Xiaoli, Mingda was worth at most 50 or 60 million, and this was even though he had been handing over the projects to Mingda.

Otherwise, without these orders, Mingda’s market value would definitely be cut in half.

But after lending 1200 million to Ye Xiaoli and taking out another 5 million, Mingda had million in funds in his hands.

Even if the valuation is 1 million, the market value has doubled. It can be said that everyone is extremely optimistic about Mingda's future.

Based on an estimate of 2 million, 9% of the shares would cost 1800 million, which seems less than the 2400 million in interest.

But don’t forget that 3% annual interest on 8 million is only 240 million Hong Kong dollars.

Ten years later, Mingda’s market value was said to be 10 billion. Chu Xiangqian felt sorry for himself and such a group of powerful people for partnering to develop a real estate company.

Even if Ye Xiaoli works alone, Mingda may be worth 20 billion in ten years.

Chu Xiangqian is not making this up. In the TV series, more than 90 years later, in the s, Mingda had become the company with the highest market value in Hong Kong Island.

Since it has the highest market value, it must be worth HK$100 billion.

This is because Chu Xiangqian seriously underestimated the title of the company with the largest market value in Hong Kong Island. In the real world, the market value of Sun Hung Kai Properties exceeded HK$90 billion in the 3s.

Based on the exchange rate at the time, it was equivalent to 380 billion US dollars.

With a 30% stake, even if Mingda goes public in the future and a portion of its shares are diluted in the same proportion, Chu Xiangqian can still at least retain a 22.5% stake.

Equivalent to US$85.5 billion.

Chu Xiangqian smiled and nodded, "It seems that I got the upper hand."

Ye Xiaoli waved his hands quickly. Without Chu Xiangqian, he was just a small figure in the real estate industry.

It is simply impossible that in just four or five years, he could go from being a small millionaire to a wealthy man with a net worth of 8 million, who is also considered a wealthy man in Hong Kong Island.

Moreover, this time, Mingda’s market value increased three or four times from 50 or 60 million.

With 1 million Hong Kong dollars in cash in hand, He Zanyuan and his colleagues are looking to Chu Xiangqian for support for themselves and Mingda.

In addition, Mingda will be able to obtain support from Hang Seng and Standard Chartered in the future. Just thinking about it makes Ye Xiaoli's face flush with excitement.

It can be said that I may be the one who benefits the most from this meeting.

So Ye Xiaoli understood very clearly that there was actually no difference between 49% of the shares and 40% of the shares.

But in exchange for Chu Xiangqian's continued support, let alone 9%, even if he was given 16%, it would be a good deal for him to only retain 34% of the company's shares.

But if he did so, Chu Xiangqian's shares would increase from 21% to 37%, making him the largest shareholder.

Now it seems that although 9% has been distributed, he still retains 40% of the shares.

Make a lot of money.

Ye Xiaoli said sincerely, “Mr. Chu, without your support and help, I, Ye Xiaoli, would be just a small character who buys and sells buildings.

Maybe we will go bankrupt when this crisis comes.

You have given me the gift of a second life."

“No, no, no,” Chu Xiangqian waved his hands hurriedly, “I always look at people when investing. People with ability always stand out and become celebrities.

There is mutual benefit and achievement between us.”

Although Chu Xiangqian's words were polite, when the others heard them, they understood in their hearts that Chu Xiangqian was their benefactor.

A few years ago, He Chaosheng's net worth was only over 1 million. Now, his net worth has increased at least five or six times.

It was all thanks to Chu Xiangqian's investment in the Great Wall Hotel and bringing him along to play.

Not to mention Zheng Yutong, whose net worth exceeds 100 million, which has also increased several times.

Zhao International Shipping, played by Zhao Cong, previously had only a dozen small boats and a market value of at most 20 to 30 million yuan.

But after Chu Xiangqian invested 30 Victory ships and acquired 45% of the shares, the shipping company went from Turkish beef cattle and wool to Japanese.

In this kind of investment, Zhao Congyan actually got a huge advantage.

But just like Chu Xiangqian's investment in Ye Xiaoli, Zheng Yutong and He Chaosheng, he values ​​the future, forming cliques and factions, and making a fortune behind the scenes of these local forces in Hong Kong Island.

At the same time, this type of investment can also be considered as risk diversification.

In just less than two years, Zhao's International Shipping's annual net profit has exceeded more than 2 million US dollars, which is equivalent to more than 300 million Hong Kong dollars when converted into Hong Kong dollars.

If Zhao International Shipping were to go public at this time, it would be easy for it to have a market value of 1.7 million.

Although the risks for shipping companies are high, with so many ships, they are real heavy assets.

Compared with the manufacturing industry, where market value is often estimated using only 5 times or even 3 times the profit, the shipping industry is in its prime at this time.

There were the Australian orders in Chu Xiangqian's hands, and Hong Kong Island's vigorous development of manufacturing in the 1960s and 1970s.

It has transformed from a single free port into an emerging economy integrating manufacturing, finance, tourism and ports.

Over the next ten to twenty years, the population of Hong Kong Island increased dramatically from 2 to more than 10.

Just think about it and you will know that Hong Kong Island’s demand for shipping will increase in the future.

Otherwise, how could such a small place as Hong Kong Island have five shipping giants?

It all relies on the export demand of Hong Kong Island and develops outward little by little.

And basically all of them are export orders from Japan and South Korea, and then they are eyeing the import and export cargo demand from Europe and the United States.

They all rely on shipping and have a net worth of tens or hundreds of billions.

Therefore, many investors would agree with the valuation of shipping companies in this era at 10 times or even 20 times their profits.

But the shipping industry, like real estate, has a huge demand for capital.

With or without bank support, the development momentum will be completely different.

The charter king had a very good relationship with HSBC, and later became a dual shareholder of HSBC and Standard Chartered.

So after Mingda's matter was settled, Zhao Congyan looked at Chu Xiangqian impatiently.

And this guy does have a good brain. Logically speaking, if the real estate market falls, Hong Kong Island’s exports will also be affected.

But Zhao Congyan could see the opportunity here.

(End of this chapter)