We're building a super chaebol in Hong Kong

After finishing all this, it was already late, so Su Cheng directly had the driver take them back.

On the way, Su Cheng dropped off the company's legal consultant near Tianyuan Company, as he lived nearby.

Arriving back at the Barker Road villa, it was already past 7 p.m. The servants at home had already prepared dinner.

Accompanied by Zhong Chuhong, Su Cheng enjoyed a warm dinner.

After eating and drinking his fill, he returned to his room, Su Cheng directly asked Xiao Ai in his mind: "Xiao Ai, I currently have 500 million pounds and 5 billion Hong Kong dollars. Is there any way to earn 500 million Hong Kong dollars in a few days, so that my available funds directly reach 10 billion Hong Kong dollars?"

"Master, after my analysis, you don't need to do anything. You already have 10 billion in funds available!" Xiao Ai replied in his mind.

"Are you kidding me?" Su Cheng was a little speechless.

Since when did Xiao Ai start joking around?

How could funds increase just by sitting around and doing nothing?

Has Xiao Ai's intelligence started to deteriorate during this time?

"Master, I am not joking. Listen to me first. The exchange rate between the pound and the Hong Kong dollar has been rising from 1 pound to 8.5 Hong Kong dollars since May. By the time you went to England in June, it had already risen to 1 pound to 9 Hong Kong dollars. And by the end of this month, the exchange rate between the pound and the Hong Kong dollar will break through 1 to 10. This is also why I told you that you don't need to do anything, because you already have almost 10 billion Hong Kong dollars." Xiao Ai explained in detail.

At the same time, a chart of exchange rate trends appeared in Su Cheng's mind. This was a K-line chart of the exchange rate between the pound and the Hong Kong dollar for the entire 1970s.

From the chart, the exchange rate changes between the pound and the Hong Kong dollar could be clearly seen.

In January 1978, the exchange rate between the pound and the Hong Kong dollar was around 1 to 8.4. Afterwards, it fell all the way to 1 to 8.2 in March. Starting in April, the pound's trend rose all the way, and in just 4 months, it had risen from 1 to 8.2 to 1 to 10. From August to December, the exchange rate between the pound and the Hong Kong dollar fluctuated around 10.

This was not even the peak. Starting in early 1979, the pound rose strongly again. By July 1979, the exchange rate between the two would reach a terrifying 1 to 12.

No wonder Xiao Ai said that he already had 10 billion. It turned out to be based on this.

Speculating in foreign exchange seemed like a good idea.

Su Cheng's heart stirred, and he immediately decided that all the funds in his hands should be exchanged for pounds. If he kept holding Hong Kong dollars, wouldn't they keep depreciating?

It seemed that starting a bank in England was imperative.

If there were no surprises, Su Cheng's payment transactions with the crude oil producers would take place in August/September. During this time, the exchange rate between the pound and the Hong Kong dollar would be basically stable at 1 to 10, so Xiao Ai was not wrong. He did indeed have 10 billion Hong Kong dollars.

However, now that the money was in place, it was time to find the crude oil suppliers.

And oil fields are generally controlled by the state, so rather than looking for crude oil suppliers, it would be better to choose crude oil producing countries.

But which country to negotiate with had to be carefully considered.

Su Cheng began to analyze the current situation of oil producing countries.

Among this year's top ten oil producing countries, the beautiful country and the Soviet Union ranked in the top two, and were definitely not within the scope of consideration. With the strength of these two countries, dealing with their governments was not a good thing. It was obvious that he couldn't compete with them at all.

The remaining countries were Saudi Arabia, Canada, Iran, Algeria, Venezuela, Germany, the United Kingdom, and France, ranking from 3rd to 10th respectively.

It was particularly important to note that this ranking was the oil production ranking for this year, not the oil reserve ranking. This was also why Middle Eastern countries such as Iraq and Kuwait, which obviously had a lot of reserves, were not on the list.

Apart from Saudi Arabia and Iran, to be honest, Su Cheng didn't want to choose the other countries, because they were all too far away.

Although Saudi Arabia and Iran were also far away, at least they were the closest to Hong Kong among these countries, and the speed of transporting crude oil would be much faster.

Saudi Arabia and Iran, of these two countries, Saudi Arabia could be considered.

Iran didn't need to be chosen, because in another 3 months, there would be internal strife. What if the crude oil hadn't been traded by then? Wouldn't he lose out terribly?

Apart from Saudi Arabia, Kuwait, the United Arab Emirates, and Iraq could also be considered.

These four countries were all in one pile, so the distance was about the same.

However, he didn't know which of the four countries could offer greater preferential terms.

Su Cheng would naturally not calculate such a large business based on international oil prices.

Therefore, negotiation was particularly important.

The best thing would be for them to contact him proactively.

In fact, if he asked Governor MacLehose to release the news, it would be most appropriate, because these countries all had consulates or offices in Hong Kong. With Governor MacLehose's status, he could naturally easily pass the news to their national leaders.

However, Su Cheng directly passed over MacLehose. Although he wanted to maintain a relatively good relationship with him, it didn't mean that Su Cheng was willing to owe him favors.

Like the request made at Jiahe Television, that was just a small condition in exchange for investing in the oil base, and it didn't count as Su Cheng owing the governor a favor.

So, who should he find to release the news?

Su Cheng suddenly had an idea.

The ship king, wasn't he the best candidate?

With his current position as the world's number one ship king, his business could be said to be all over the four oceans and five continents. He must have very close ties with the Middle East.

Moreover, after he contacted the leaders of the four countries, he could then hand over the task of pulling crude oil to him, which would be considered a mutual cooperation, rather than owing him a favor.

The Global Shipping Group had quite a few oil tankers.

In the mid-1960s, the Global Shipping Group entered the oil tanker market and purchased a second-hand oil tanker with a British Petroleum Charter.

In 1964, under the insistence of the ship king, the Global Shipping Group acquired another 9 oil tankers from the oil company.

In 1969, the Global Shipping Group's first very large crude carrier (VLCC) was built and named "World Leader."

Between 1970 and 1974, Global Shipping Company purchased another 42 VLCCs.

It was conceivable how awesome the current Global Shipping Group was in the oil tanker market.

Cooperating with him was the best choice.

Although the ship king was currently selling his own ships to reduce the number of ships he owned, Su Cheng had no plans to buy them for the time being.

First of all, the funds for the ships, even if the ship king sold them at a discount, were very expensive, and Su Cheng couldn't spare so much money for the time being.

Moreover, the shipping industry's economy would be sluggish in the next few years, and even if Su Cheng bought ships, he wouldn't buy too many. Too many would only lead to losses.

Didn't you see that the world's number one ship king was constantly reducing assets!

Moreover, this was also indirectly giving the ship king face, after all, this was also a considerable business.

Thinking of this, Su Cheng decided to visit the ship king the next day.

Compared to foreigners, Su Cheng was more willing to deal with the ship king, who was also Chinese.