Year: I had a good time when I was young

Chapter 847: Some people are jealous of the auction amount of hundreds of millions of dollars
Chu Xiangqian didn't care how upset He Chaosheng and others around him were, and he took a fancy to a horse that was being auctioned for the second time.

I might as well just say, "This one is good, but forget it if it's over $30."

Now He Chaosheng and the others looked at each other, and finally Sanjiangshui smiled and said, "Forget it, I just invested some money in a business with someone a few days ago, and now I'm really short of money.

If you big guys believe me, I will make some paper for you to draw lots. "

Everyone nodded in agreement when they heard this. If they really wanted to compete in financial strength, doubling the $30 would be no problem.

However, Chu Xiangqian's extraordinary eyesight does not mean that there are no skilled horse trainers among the buyers participating in the auction.

Although He Chaosheng and the others didn't make any noise when drawing lots, there were many smart people among them. Seeing Chu Xiangqian sitting with them, they would mutter a few words from time to time.

There are many buyers who are willing to take a gamble.

The bid for the horse soon exceeded $30. Although He Chaosheng and others were depressed, they soon realized what was happening.

The commotion he made was quite loud, so other buyers felt that they had been reminded by Chu Xiangqian and naturally dared to take a gamble.

So He Chaosheng and others exchanged glances with each other, and everyone took turns shouting out prices from time to time.

Immediately, the buyers who were watching them were confused about whether the product was real or not.

If you get cheated because of following the trend, the loss will be hundreds of thousands or even millions of dollars.

As for the horse that Chu Xiangqian liked, He Chaosheng and others had already agreed to buy it first and then draw lots.

If the price exceeds the upper limit of Chu Xiangqian's estimate, give up.

At the end of the day, He Chaosheng and others bought three purebred horses, each costing between 3 and 20 US dollars.

In Chu Xiangqian's opinion, if these horses were in his hands, he would be able to sell them at tomorrow's purebred horse sale at a price no lower than last year.

That's about 700,000 or 800,000 US dollars.

Upon hearing Chu Xiangqian's words, He Chaosheng and others were immediately delighted and said that all the dinner and entertainment were covered.

Chu Xiangqian waved his hand indifferently. Unless it was a celebrity face he had seen in his previous life, or a woman who was so beautiful that he was amazed, it would be better to go home and find a wife instead of playing outside.

After the auction ended in the afternoon, all 1 horses, including purebreds, Arabians, Hanoverians and Andalusians brought by owners from Europe, America and Southeast Asia, were sold without a single one.

Moreover, the total amount of the auction in the afternoon was obviously higher than that in the morning.

At the evening party, Chu Xiangqian learned from Bridge that in addition to the 500-year-old thoroughbred horse worth $2 million.

Today's total amount also reached 870 million US dollars, with an average of 1 per horse.

Moreover, there were only 58 purebreds, which instantly raised the standards of Hong Kong Island’s horse racing auctions by one or two levels.

Chu Xiangqian only stayed at the evening party for more than an hour.

There was no female guest he liked, so he just talked to He Chaosheng and others about how to train horses.

Then the matter of the racetrack was brought up again. Although funds had already entered Standard Chartered's special account, it would take more than ten days or half a month to finalize such a large project.

Fortunately, Chu Xiangqian was not in a hurry, and Margaret called him two days ago. There were people in London lobbying for Chu Xiangqian to seriously consider keeping the project in Hong Kong Island.

Chu Xiangqian naturally had to give Margaret face and wait until the auction was over and some trivial matters were dealt with before going to London.
-
The next morning, at the special session for 40 thoroughbred horses, more buyers came.

Chu Xiangqian took a careful look around and realized that there were at least 4 guests at today's party.

Compared to the first day of the auction, there were more than a hundred people attending the special sessions for the Arabian horses and the Ferghana horses, which shows that horse owners of this era still prefer purebred horses.

But think about it, although the fame and achievements of the Arabian horse have increased in recent years, overall, speed racing is still the world of purebred horses.

Not only is the purebred horse a breed bred specifically for speed, but its number is also hundreds or thousands times greater than that of the Arabian horse.

There are millions, or even tens or even hundreds of millions, of purebred horses in the world. Even if you pick one out of ten thousand, there are still hundreds or thousands of horses that are qualified and capable of winning the championship.

Forty or fifty years later, the number of purebred horses in the world reached more than 1 million. This alone meant that the number of Arabian horses, which still ranged from a few thousand to , could only be a minority.

Moreover, the reason why the Ferghana horse has been popular in the market in recent years is because Chu Xiangqian cheated and upgraded the Wuzhui.

This is how the English treble was won, causing the price of the Arabian horse to double within a few years.

To put it bluntly, Chu Xiangqian just wanted to make more money from the Ferghana horses.

Of course, he is a Chinese and has feelings for the Arabian horses.

That's why they chose the Arabian horse instead of the purebred horse as the main trading object.

But this sentiment only lasted for two or three years. Chu Xiangqian also realized in the past two years that purebred horses are actually more in line with the mainstream, so he bought blood horses at the same time.

Thoroughbreds and Arabian horses are also frequently auctioned.

As for the data of the 40 thoroughbred horses, long before the auction began, most of the buyers had already seen the horses' condition and results when they ran 400 meters on the track of Kowloon Racecourse.

So there was no need for Chu Xiangqian and the auctioneer to waste time talking. As soon as the first purebred horse was led to the auction site, someone directly bid $50.

Unfortunately, it’s not that easy to find a bargain.

In recent years, the purebred horses sold by Chu Xiangqian have performed better than the Arabian horses in speed races.

Last year, the average price of Arabian horses was higher than that of purebred horses. In addition to the appearance of Wuzhui, many buyers wanted to use them as stud horses.

But last year there was another 'winner' who won the Triple Crown in Magnesium. It is hard to imagine that the 40 purebred horses sold by Chu Xiangqian this year will not be popular.

So the price of $50 did not scare anyone at all, and the bid quickly climbed to $80, exceeding the average price of $78 for a thoroughbred horse last year.

However, after 80, buyers began to raise prices more slowly.

In the end, all 40 thoroughbred horses were sold successfully, with an average price of US$107 million, which was US$7 higher than the average price of last year's thoroughbred horse sale.

The total auction amount of US$4280 million also made Chu Xiangqian very satisfied.

Including the Ferghana and Arabian horses sold on the first day, Chu Xiangqian’s 120 horses sold for a total of US$1.076 million in this spring special.

It immediately caused a sensation throughout Hong Kong.

If the autumn or winter special events in the second half of the year can also achieve this amount, Chu Xiangqian’s annual revenue from selling horses will be more than 2 million.

Converted into Hong Kong dollars, it is just over 10 billion.

This is higher than the annual revenue of 9% of listed companies in Hong Kong. Even in the real estate industry, the Hong Kong giant, Yingzi Holdings' Hong Kong Land Development, does not even have an annual revenue of HK$99 billion.

If Chu Xiangqian remembers correctly, before the stock market crash in 73, when Hong Kong Swire acquired Dairy Farm, its market value was only HK$180 billion.

The profit that year was only over 7 million Hong Kong dollars.

Of course, the outside world doesn’t know that this more than 1 million US dollars is pure profit for Chu Xiangqian.

His profit was only 2% or 3%. But this was actually quite amazing.

The next day, Chu Xiangqian had breakfast with his family. After reading the newspaper, he guessed in his heart that someone was eyeing the horse racing business.

After thinking about it, Chu Xiangqian smiled and said to his worried master, mistress, Yixiantian and Lao Jiang, "It's okay. Someone has set their sights on my horse racing business, so I'll stop it for half a year.

Anyway, the annual profit of this business is not that high.”

After saying that, Chu Xiangqian began to fool his four elders, wives, concubines, brothers and sisters, "Although I did make a lot of money from horse racing in the past few years.

Last year, we made more than 30 million US dollars, but the contracts I signed with those tribes actually expired last year.

Seeing me making huge profits, the tribal elders and leaders simply raised the price by 6% this year.

Even though I can earn 2 million US dollars this year, after deducting labor and shipping costs, it is only more than 1 million US dollars at most.

Even if converted into Hong Kong dollars, it is still not as much as what the appliance mall earns.”

Chu Xiangqian was just talking nonsense, but his master and the others believed it without a doubt.

He frowned after hearing this, but then he thought, Chu Xiangqian’s business is not just horse racing and home appliance mall.

Ports, film companies, Universal Studios, shipping, coal, ranches, cattle and sheep, and restaurants are all very profitable.

And Chu Xiangqian also said that only the autumn special performance in the second half of the year would be suspended.

The auction has been reduced from two times a year to once a year. Although people will still envy and hate us, we just need to tell the public that collecting horses is too difficult and the cost is too high.

It is easy to transform ordinary people’s hatred of the rich into gloating.

Without the jealousy of ordinary people, the threat posed to Chu Xiangqian by other wealthy and powerful people who want to attack him will be much smaller.

After the master and Yixiantian figured it out, they smiled and praised, "Move forward, you are still willing and courageous. If you can take back your fist after throwing it out, it means you have real kung fu.

Besides, you are still young, there is really no need to compete with others."

Chu Xiangqian chuckled. Apart from the fact that he was worried about being ganged up on by others and being targeted, he had actually been planning to hold only one special auction every year since last year.

It wasn’t that he was short of horses, but he knew very well that in the first few years, two auctions a year would only bring in 20 to 30 million U.S. dollars.

But now one show is sold for more than 100 million US dollars, and even Chu Xiangqian himself feels that it is too high-profile.

It's hard not to arouse hatred and jealousy.

Not to mention, last year, Morgan Jr. had already intended to get involved in the horse racing business.

My main business is in Hong Kong Island and Southeast Asia, so I am not afraid of him, but Morgan alone is not enough. What if several Magnesium consortiums and old European families also set their sights on this business?

Chu Xiangqian thought about it and realized that it was impossible for him to fight against so many financial groups.

In the short term, I did earn less, but just like my master said, I am still young, and if I expand my vision and pattern, I will naturally earn more.

That night, Chu Xiangqian drove the car himself and transported 40 purebred horses to the Kowloon Racecourse overnight.

The next day, Morgan Jr. and McDonald were notified of the handover.

However, while the two were in Hong Kong, Chu Xiangqian also returned to the capital.

As soon as he got off the plane, he was picked up by his second uncle, but Chu Xiangqian's return this time was just a show for the people in Hong Kong, Europe and the United States.

So he just went to the palace, had a meal with the second elder, and then he made an excuse that he came back for personal matters.

The second elder laughed and didn't ask any more questions. He just told Chu Xiangqian to pay more attention to the coal export business.

Chu Xiangqian naturally agreed without hesitation.

After returning to the Luoguxiang courtyard, Chu Xiangqian agreed with Xue Jianguo, who had brought him here, that he would go to the Xue family to meet his father-in-law and his family after finishing his personal business.

When his second uncle, second aunt and third uncle saw him coming back alone, they were immediately unhappy.

Fortunately, Chu Xiangqian only said that he came back for something urgent and could not stay for a few days, so he did not bring his wife and Chu Jinrong back to see their second grandfather, second grandmother and third grandfather.

As for the patriotic Yu Shui and the people-loving Jing Ru, they dared not complain in front of Chu Xiangqian.

In the Luoguxiang courtyard, the family had dinner, talked about family ties, and chatted with neighbors in the courtyard for a while.

Then he went to Jinzhi and Jinxiu.

The two sisters haven't seen Chu Xiangqian for almost two months. Even though their father Jin Yicheng wanted to talk more with his son-in-law, he was complained by Jinzhi and Jinxiu for a long time.

Jin Yitang had no choice but to ask Chu Xiangqian to take the assessment on traditional Chinese medicine tomorrow morning.

To be honest, Chu Xiangqian actually really likes chatting with his father-in-law about Chinese medicine and Chinese herbal medicine. Although he has a photographic memory and a smart brain, he learns knowledge about Chinese medicine and Chinese herbal medicine very quickly.

But experience is not very important, and Chinese medicine is a discipline where experience is far more important than knowledge.

So it is really beneficial to talk more with your father-in-law.

But the sisters Jinzhi and Jinxiu were obviously not in the mood to pay attention. Seeing their husbands chatting about academic matters with their father, the sisters' heartbeats began to accelerate as soon as they returned to the second courtyard next door.

Chu Xiangqian hadn't seen them for a long time, so he naturally missed them very much.

Holding one in each hand, they quickly entered the converted bathroom next to the kitchen.

After a night of swordplay and gunplay, Jinzhi and Jinxiu became more and more courageous.

I have been following Chu Xiangqian for more than two years and I am no longer a little girl.

Although it was a complete failure in the end,
However, Chu Xiangqian only needed to rest for a while, and his strong body allowed him to recover quickly, but the two sisters did not have the physical strength and energy.

After a good night's sleep, Chu Xiangqian not only felt refreshed the next morning, but also got up early to practice martial arts.

Then he went out to buy breakfast, but Jinzhi and Jinxiu were still half asleep. Chu Xiangqian had saved breakfast for them and took the other half of the buns, fried dough sticks and porridge to eat with his father-in-law.

Chu Xiangqian chatted with Jin for the whole morning, and in the afternoon, he used the excuse of going out to do some business and sneaked to Shatan Street again.

Before entering the house, Shanque saw that the door of the main room of the house was open, and Qin Huairu and Lou Xiao'e were indeed waiting for him.

If Chu Xiangqian didn't have an extraordinary physique, he would be exhausted just from dealing with four women in a row.

But after more than an hour, it was Qin Huairu and Lou Xiaoe who collapsed from exhaustion.

But the two women are no longer young girls. Qin Huai is 29 years old this year, and Lou Xiao'e is 26 years old. They have been with Chu Xiangqian for almost 4 years and are already experienced.

After just half an hour of chatting, the two women began to get restless again, thinking of joining forces to defeat Chu Xiangqian.

Chu Xiangqian would naturally not give in, and for him, this kind of thing was something he would never get tired of no matter how much he played it.

(End of this chapter)