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Chapter 804 Qatar's Party

 After dinner on the 9th.

After receiving the invitation, Su Yehao accompanied his father and flew overnight to Qatar in the Middle East.

This country is not big, but it is extremely rich.

Not a metaphor.

Qatar is really rich with oil.

Its natural resources are relatively simple. In addition to oil, it is natural gas. 20% of the world's proven natural gas reserves are here, but its population is only a little over two million. So many resources are spread equally among a small number of people. Of course, it will take off.

.

As early as 1984, Qatar's per capita GDP exceeded US$20,000. However, South Korea, which now likes to talk about its greatness, only had US$1,500 at the time.

Su Yehao still remembers that there were jokes on the Internet.

Some people say that they insist on working three hours a day, and sometimes even work overtime until 2 pm. Qatar is that country where people work overtime until 2 pm.

There is no way. The Middle East, which is floating on oil, happens to occupy the destiny circle of the modern energy industry. If you dig oil, you will get rich. The resources are so good that people have to be convinced.

When the plane landed in Qatar, a local official came to greet them and took the father and son to the Sheraton Hotel in Doha, Qatar.

Noon local time on the 10th.

A representative from the mainland wearing a suit came to Su Yehao and his father to say hello.

Father Su, who had ordinary hair that was not smooth, shook hands with the other party and said with a smile: "Congratulations! I have been waiting for a long time and finally today!"

beside.

Su Yehao almost sang along, the familiar melody lingering in his mind.

He also shook hands with the other party and said with a smile: "Yes, congratulations on joining the WTO. We have opened a new chapter in reform and opening up. You must have put in a lot of effort."

The middle-aged man who came to say hello waved his hand and sighed:

"I can't mention this. It gives me a headache when I mention it. I have carried out bilateral negotiations with more than 30 member states, negotiated with the United States for more than 20 rounds, and negotiated with Europe for more than ten rounds. I have spent several years on it. Fortunately, we have

A good result. Entrepreneurs from many countries will hold an exchange meeting tonight. I also hope that Mr. Su and Mr. Su can help us and try to help bring back some orders."

After waving his hand, Father Su replied carelessly:

"No problem. My son and I have always been optimistic about the economic development of the mainland. Now that it is about to join the WTO, opportunities are everywhere. I think those representatives who came here have plans to invest. When the time comes, let my son join,

He has more dignity than me now..."

What will be held in Qatar today is the fourth high-level meeting of the World Trade Organization.

Also tonight, the document of ratification for joining the World Trade Organization will be formally submitted. Since it has been adopted in accordance with the consensus plan, it is just a formality.

According to regulations, one month after submitting the ratification letter, it will officially become a member of the World Trade Organization.

Su Yehao and his father received an invitation as a business delegation and came to Qatar just to attend tonight's business party. As for formal events, they can probably go if they want, but he is not too interested.

Simply say hello.

The father and son went to the hotel restaurant for dinner. Father Su dozed off and said:

"I should have slept more if I had known it. Hong Kong time is five hours ahead of here? I don't feel comfortable anywhere today. The hotel bed is too soft for my age. Besides, I can't speak English well. I'm looking for you tonight."

I'm going to hide for a reason, and you're responsible for helping me with it."

Looking sideways at his old man, Su Yehao asked him speechlessly: "Then just find a reason not to come. If you come and don't participate in the event, isn't it a waste of time?"

"How could it be in vain? I have never been to the Middle East, and I plan to take the opportunity to travel and spend a few more days. They called me specifically to invite me, so I have to give them face. Anyway, they only care about you, the sixth richest man in the world. I basically

I don’t know anyone here.”

He spoke in a sour tone.

Although I hope my son will succeed, it is inevitable that the results of twenty or thirty years of hard work are easily thrown away by his biological son.

Su Yehao only replied:

"That's okay. The shopping mall chain and the Sihai Casino Hotel will keep you busy. It's good to travel and relax. Remember to find a tour guide when the time comes. People's customs and customs are different from ours. Be careful of violating taboos.

There are Aman resort hotels under Qingying’s name near the Egyptian pyramids and Jumeirah Beach in Dubai.”

"You know, you know, I'm traveling all over the country at my age, and you still need to remind me? This time I want to drive an off-road vehicle and walk in the desert. Forget about big graveyards like the pyramids. Feng Shui is not good."

"..."

Su Yehao was speechless and couldn't keep up with his father's thoughts.

I ordered a five-spice risotto in the restaurant. The description in the restaurant only said that on the basis of the Arabic chicken rice, mutton and beef were added to make the taste richer.

I thought it was quite delicious at first, but when Dad's big steak was delivered by the waiter, Su Yehao suddenly felt that the risotto in front of him was not as fragrant as before.

Two huge bone-in steaks looked very appetizing.

After swallowing a mouthful of water and suppressing his shock, Su Yehao added: "Why don't you accompany me to Saudi Arabia tomorrow? There is also a big desert there. Then we can go back to the casino together? I have business in Saudi Arabia and am planning to open an asset management company. The partner is the Kingdom.

The holding company is more powerful there."

Biting into the big steak, Father Su asked curiously:

"A new company again? By the way, how is your 5S Asset Management Company in the Mainland doing lately? It has plummeted to nothing in the past few months, causing the Midea Group to lose money. Don't cheat my friend. Uncles and aunts are all rushing.

It’s for my sake that I put the money in your hands.”

The corners of his mouth twitched.

Rolling his eyes at his father, Su Yehao said while eating:

"Don't worry, I know what I know. After the sale of state-owned shares was suspended last month, the stock price rose sharply, and there was news of a reduction in stamp duty. The index rose by 7% in half a month. The companies I invested in performed relatively well, and investors did not lose money.

.I mean, I can’t control the investors who stayed and those who ran away first if they didn’t hold on.”

The performance of 5S Asset Management Company this year is indeed not good.

It's not that one of them is bad, the performance of other companies is even worse, the entire market has fallen, and funds are still restricted in the mainland, unable to short-sell and hedge. Even if Su Yehao is very capable, what can he do?

The funds managed by 5S Asset Management Company were reduced by RMB 9 billion during the stock market crash. Fortunately, he had the idea to cash out the money in advance, otherwise Su Yehao would have to pay out of his own pocket and put it into the company as working capital.

The QDII type fund that was just launched has made a profit of five or six points in the Hong Kong stock market. Unfortunately, the total scale is only more than 500 million yuan, and it cannot make any waves at all.

He didn't make much money, and even Su Yehao's investment vision began to be doubted.

Su Yehao doesn't care about this. If you want to make money with investors' money, there will inevitably be some twists and turns. Fortunately, the storm has basically passed. As long as the invested companies perform well enough, I believe they can turn losses into profits soon.

Good companies are still good, the only difference is that they become cheaper and take time to grow...


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