Chapter 510: Canary Wharf
An office building in London in late November.
Lin Zhichao sat in the office and asked Mai Lisi and Lin Ruihuan: "How are you prepared for work?" β
"Everything is ready and ready to enter, and the 76th meeting of OPEC is scheduled for the 9th of next month," Myris said.
Why investigate the timing of OPEC meetings?
Because Lin Zhichao believes that it must be this 'oil war' set off by OPEC. This war is not a price war, but a production war and a market share war.
As the North Sea oil fields in Britain and Norway, as well as the oil fields in the United States and the Soviet Union, all compete for market share, OPEC will try to seize the market β dramatically increasing production capacity, causing oil prices to plummet.
On the other hand, it is said that there are also Yankees who decided to deal a fatal blow to the Soviet Union and deal a blow to the Soviet Union's dividends from selling oil; In this case, behind this OPEC expansion, there is naturally the support of the Americans, and the British should also participate, and everyone's goal is to disintegrate the Soviet Union.
The Soviet Union has relied on the sale of oil in recent years, and its life has been very comfortable, and in addition, the troops sent to Afghanistan were feared by the Western world, so the collapse of the Soviet Union has always been the core countermeasure of Western countries. Later, Thatcher openly admitted that Britain was an important driver of the collapse of the Soviet Union.
Lin Zhichao said: "Then start buying tomorrow, consume a margin of 10 million US dollars a day, and invest with ten times leverage." β
Myris replied, "Okay."
He was also more interested, is this boss really that godly?
Although he believes in the boss's skills, if even the collapse of crude oil futures can be analyzed, it is obviously the top stake!
Lin Zhichao said: "This time the decline in crude oil is estimated to depend on WTI crude oil futures, but London's Bren crude oil futures will definitely follow closely, and several crude oil futures cannot be avoided." β
He took out a margin of 300 million US dollars, and operated with 10~20 times leverage, once the trend was the same as he foresaw, his personal company and its holding company would make a profit of more than 2 billion US dollars.
"The current price of WTI crude oil futures is $28.05 per barrel, and the end of August at $28 per barrel is basically the same, the whole trend shows that there are 12 trading days until December 9, if we sell $100 million a day, even if we are targeted, it doesn't matter, in addition to WTI crude oil futures have been stable, more is only two days away from the OPEC meeting," said Myris.
Lin Zhichao smiled: "I never worry about being targeted, because I am not a lone investment!" So, I didn't think about the consequences of investment failure, I don't need to think about it that much. β
Mai Li Si said with admiration: "The boss is so confident, but so calm, this is the real hunter who invests in high-risk financial products, on the other hand, our group of people, just the psychological quality is much worse."
Lin Zhichao nodded, looked at Lin Ruihuan and said, "Of course I don't want companies to invest in high-risk financial products, especially without my instructions!" β
Lin Ruihuan said: "Well, I think investing in industry is more down-to-earth! β
The conversation between the three of them was actually about the investment strategy of the second-generation management of 'Cheung Kong Group', that is, to invest in industry.
Next, Lin Zhichao asked: "The situation at Canary Wharf, how is the investigation?" β
Lin Ruihuan immediately handed over a document and said: "Someone has already taken the lead in winning this project, but they haven't raised enough funds yet, and I don't know if it's successful or not!" Moreover, this consortium does not have the full support of the Thatcher government, so we still have hope. β
Lin Zhichao nodded, and then checked the investigation information:
Canary Wharf, in the early years, was an important marine terminal (transport from the sea into inland waterways) in the United Kingdom, accounting for one-third of the UK's goods trade. But with the advent of the new wave of seafarers and container shipping, Canary Terminal did not keep up with the pace and was gradually surpassed by competitors, coupled with the planning and layout of the city, and finally this terminal was abandoned.
In 1982, the Thatcher government granted the Dowkeland area, of which Canary Wharf is one of the Special Zones for Business, to attract investment and economic development with tax breaks and other grants. The government has also said it will extend the city's public transport network, particularly the metro system, to most underserved areas (a promise that has proven to be somewhat 'farting', and was only fulfilled in the late 90s).
The fiscal effect and free-market spirit of the SEZs have quickly attracted international investment. This year, control of the Canary Wharf area is in the hands of Val Chavorsted' international investment firm, and in May this year, the London Docks Development Company signed a full agreement with it, the first 'attempt' after the decision to redevelop Canary Wharf, the company plans to build a 10 million square foot office complex, the investor is a typical American developer.
Lin Zhichao read the information and said: "Regardless of them, you can also consider it in the future, if it is for you to develop, how to proceed, it should be regarded as a commercial real estate topic!" β
Lin Ruihuan nodded and said, "Okay."
He and Mai Lisi saw that Lin Zhichao did not have the slightest regret of 'coming late', but their interest was not reduced, and they were suddenly a little curious, could it be that Changshi Group still has a chance!
In fact, Lin Zhichao didn't know if there was a chance, but he knew that in his previous life, it was not Canary Wharf developed by this consortium.
At the same time, Lin Zhichao also knew that as long as Thatcher had a good relationship, he would sit firmly in Diaoyutai.
In capitalist countries, the combination of politics and business is more on the surface. In order to win re-election, Thatcher secretly supported Murdoch's acquisition of British newspapers. A commerce minister originally disagreed with Murdoch's takeover, and soon that's time Thatcher told the commerce minister to get out of the way and replaced him with a commerce minister.
And after Murdoch bought The Times, he also gave Thatcher re-election support.
Two days later.
At a private party, Lin Zhichao and Thatcher had a meeting and conversation. Although he couldn't avoid some sights, Lin Zhichao and Thatcher had a personal relationship, so of course there was no problem with a party.
In this private party, Audrey Hepburn did not come, because Lin Zhichao brought his son Lin Ruihuan. As for Thatcher, of course, it was her husband who came with her.
The two sides are acquaintances in private, and they do not hide that they are friends on the official face.
Thatcher jokingly said: "I am good friends with Mr. Lin, and he has always been very grateful for the experience he has passed on to me and my children!" So I watched you father and son, and found that you were very well compatible. β
Lin Ruihuan said steadily: "Your Excellency the Prime Minister must be a good mother, and of course an admirable ruler!" β
Thatcher was of course a good mother, and his son was a troublemaker, so that, too, Thatcher, the prime minister, had to wipe his ass. For example, when his son disappeared in the African desert, Thatcher did not hesitate to ask several countries to send troops to find him in his own name, of course, these countries are also very face-saving, and even the very 'hegemon' France is rushing to contribute its own strength. The son was eventually found, and Thatcher personally went to welcome him home.
"Just call me Aunt Thatcher, I know your father very well, and today is not a formal occasion!"
"Okay, my Aunt Thatcher."
After a brief politeness, everyone sat down and talked!
Lin Zhichao quickly talked about the 'Canary Wharf' project, revealing that he was willing to invest.
Thatcher said: "Then you didn't propose it earlier, otherwise this project will be yours, but I know that you are a famous real estate king!" But now, the Val Chavorsted Investment Company has signed a memorandum of cooperation with the Terminal Development Company, and I am the Prime Minister, and I have to abide by the contract system. β
She said very sincerely, after all, Lin Zhichao is really outstanding in the field of real estate.
Lin Zhichao said with a smile: "I just think that Val Chavorsted Investment Company may not be able to do this, so I plan to register with you." Personally, I am very supportive of your re-election for a third term, so I hope that I will have the opportunity to invest in this project in the future! β
In 1987, Thatcher sought a third term as prime minister, and she would have won!
Thatcher was overjoyed, in the previous two general elections, Lin Zhichao gave her absolute confidence and support, and she felt that this was a kind of 'good luck'. Because she knew that Lin Zhichao was a supporter of Kennedy in his early years, and he was also an early supporter of Reagan.
As a citizen of the 'Commonwealth', Lin Zhichao can also provide 'funds' to British politics, so before Thatcher's election, Lin Zhichao will donate 80,000 pounds in an open manner.
Thatcher asked curiously: "You have always been my supporter, I am more grateful." But how do you know that Val Chavorstead Investments can't do this? β
Lin Zhichao said with a smile:
"First, they have to go to the City of London to poach tenants and use cheaper rents and incentives as bait, but in doing so, they will incur retaliation from the City of London, so it will be difficult for them to have enough financial support and assistance!"
"Second, the investment in this project is huge, and it may not be reaped in 10 years, and it will be even more difficult for them to raise funds."
In short, this big project is not something that ordinary people can play with.
The reason why Lin Zhichao wants to invest is not simply because this project can get a stable rate of return after the millennium; What's more, he needed the project to make overtures to the British government.
Thatcher suddenly realized, listened to Lin Zhichao's analysis, and said: "What you said seems to have some truth, although it has not happened yet. And according to you, it seems that you are confident about this project. So if you were to develop this project, how would you plan it? β
In her opinion, if Val Chavorsted does pull out, she does need a supporter and friend to complete the project, because the project could be a 'merit' for her.
ζεΏθΆ says:
"First of all, let's talk about the prospects of this project: starting in 1983, there was a surge in foreign acquisitions in the UK, and in between, dozens of leading securities firms in the City of London were acquired by external institutions. At the same time, technological change has also introduced computer screens and terminals into the trading floors of stock exchanges, which heralds a broader pattern of change to come. In order to connect the large number of cables that are connected to the technology that connects the new world, large trading floors are becoming more and more important, and the spacing between floors is becoming more and more important. However, despite the expected boom in financial services activity, the City of London has failed to address the problem of uncompetitive rents, with rents in metropolitan London being twice as high as in New York and five times higher than in Paris and five times higher than in Frankfurt. The tight supply and demand of commercial buildings in London at this time is the main reason for this, so London needs 30 million square feet of additional space over the next 15 years."
Just the prospect of the project won Thatcher's heart, and she said unabashedly: "Our government really wants to be in the financial field, not to be distanced by New York, you are very informative about the prospects of this project, I believe you have done a lot of research." β
Lin Zhichao nodded, and then said: "So, if I have the opportunity to participate in this project, I am willing to invest more than 5 billion US dollars, and the goal of the development is to rely on the waterfront area to create a 'water Wall Street', once this project starts, it can change the overall image of the entire Dowkeland area."
There is no doubt that Thatcher was very tempted, if it weren't for the fact that there was already a consortium preparing for this project, she might have easily agreed to Lin Zhichao that the project would be handed over to Lin Zhichao.
Thatcher finally said: "As you said, if Val Chavorstead does withdraw and I am re-elected, you must be the best choice for this project!" β
Lin Zhichao nodded and said, "Even if I don't do this project, I'm willing to discuss it with you, and I hope I can help you!" β
"Thank you!"
In fact, Lin Zhichao has been convinced that the current consortium will not be able to do things.
As for Lin Zhichao's words:
First of all, he has the care of the Thatcher government, and he can at least spend three years smoothly, and after Thatcher steps down, the project has already started, and naturally no one will stop it;
secondly, he has sufficient funds, although he will also choose to take out loans, but he will never break his funds, and he can hold on until dawn; Finally, the project allows for a close relationship with the UK government and lays the foundation for future investment;
Eventually, he will be able to make more financial profits in London to subsidize the project, using the Canary Wharf Group directly for funding and investment. (End of chapter)