Hong Kong's new giants

Chapter 221 Chapter 255~256 [Surprise or Fright]

Chapter 221 Chapter 255~256 [Surprise or Fright]

Time flies by in a blink of an eye.

January 1988, 1, New Year's Day.

In the early morning, in the villa in Repulse Bay, Lin Zuhui opened his eyes, and immediately pulled out his two numb arms.

Get up and go out of the bedroom.

Guan Jiahui opened her eyes and muttered, "Xiaoxian, why is this man so energetic? Can you insist on getting up so early every morning?"

Wang Zuxian didn't even open her eyes, she squeezed towards the warm place, and then fell asleep.

"?"

Guan Jiahui looked at Wang Zuxian who was leaning over, closed her eyes helplessly and continued to sleep.

On the other side, Lin Zuhui came to the living room, picked up the newspaper and read it.

The nanny immediately brought boiled water and put it in front of him.

"Thank you!"

He used to read "Economic Daily" first, which is a highly professional newspaper under Wanhui Media. Its current sales volume is more than 6, and the highest record is more than 8. People have recently "disgusted about stocks", and the sales of financial daily newspapers and magazines have dropped sharply.

The Hang Seng Index closed last year (1987) at 2300 points, and the panic has dissipated a little.

Regarding the trend of the Hang Seng Index, Lin Zuhui probably knew it well: probably from September 1988 to May 9, there was a wave of big market movements, and the Hang Seng Index rose from 1989 points to 5 points.Because there will be a ZZ incident later, there will be a stock market crash in Xiangjiang, Lin Zuhui has no reason not to remember.

As for the market situation after the '1988 stock market disaster' until September of this year (9), Lin Zuhui doesn't need to know. He doesn't trade stocks very much now, and it is estimated that it will rise slightly and fall slightly.

The "Economic Daily" not only has news about the stock market, but also news about real estate. This round of real estate decline is indeed beyond the expectations of everyone in Hong Kong. This is also good news for Hong Kong's economy.

However, not everyone has the guts to buy land and old real estate in the market, and to exchange land titles from late November.

Even the real estate companies of the four major families have not yet purchased large-scale land. They have lingering fears about the impact of the "July [-]rd stock market disaster" on the local market, and they are not sure whether the real estate market will continue to fall.

There is no other major economic news, and everyone seems to be holding their breath, waiting for the arrival of April.

The reason is simple:
First, the market is unstable now;

Second, "Comprehensive acquisition must be at the highest price in the past six months." This is a curse that everyone is waiting to break; On the 'takeover battle'.

Even Lin Zuhui has many plans that need to be implemented in April.

Forex market: USD/JPY fell to 120 points.

Lin Zuhui has asked Li Hao to liquidate his investment, invest 9 million, and get a net profit of [-] million.

At this time, Lin Zuhui still had a cash flow of 45 billion (also invested 30 billion in Japanese securities, with a market value of 150 billion with five times leverage).

After a while, the hostesses of the villa came to the living room one after another, and it suddenly became lively.

"Wen Yi, Wen Hua, are you still sleeping?" Lin Zuhui raised his head and asked.

"Are the two little ones sleeping soundly?" Guan Jiahui said immediately, with a smile on her face.

Lin Zuhui got up and said to everyone: "I will take you out later and give everyone a surprise!"

Immediately, the four girls came alive one after another.

At this time, the villa welcomed back four hostesses again. For no other reason, the nannies and servants took care of them conveniently. After all, with two children, privacy and safety must also be considered.

Although this villa is small, it can accommodate four live-in nannies, and bodyguards can also be on duty in the commercial vehicle at the gate as gate guards all night.

In short, it is more convenient here!

after an hour.

Lin Zuhui brought his four daughters to the 'Lin's Palace' (Huiyuan Villas) on Nanwan Road.

When the girls got out of the car, they were amazed.

Guan Jiahui looked at the two rows of villas, and said excitedly: "Wow, the villas here are so beautiful, they seem to be newly built in European style!"

Wang Zuxian also echoed happily: "Over there is Repulse Bay, which is directly on the sea side!"

Soon, people began to ask Lin Zuhui which building he bought, or which buildings he bought.

Lin Zuhui smiled without saying a word, but directly showed them around.

"This is Building A1 and Building A2. The swimming pools of these two villas face the sea directly!"

"Block A2, this is the viewing platform, everyone, do you think it's very stylish to hold a PARTY on this grassland! The sea is unobstructed and the sea breeze is gentle."

"This is the north side, the first building is A, followed by C1\C2\C3; this is the south, the first is A2, followed by B1\B2\B3."

"These eight villas are surrounded by trees and shrubs. This is an independent kingdom."

"So, walls will be added around, and there will be a security booth near Nanwan Road. The redesign plan has already been completed. The road where we parked will be converted into a tennis court and a comprehensive road. "

Listening to Lin Zuhui's eloquent introduction, the women finally understood that her husband had bought all the eight villas, and planned to redesign the surroundings to turn this place into an independent kingdom - Lin's Palace.

For a while, the women surrounded Lin Zuhui.

The most favored Guan Jiahui took the lead in attacking: "Does that mean there are eight wives?"

This appetite is too big, this is what everyone thinks, they don't doubt Lin Zuhui's ability.

Lin Zuhui was taken aback, and immediately said: "Absolutely not!" He added in his heart: "Maybe there will only be seven villas to live in!"

"How many are there?" All the girls asked in unison.

"Well, can you live?" Lin Zuhui said suddenly and seriously.

He is also not sure, now it is Qiu Shuzhen who is clearly qualified to live;

As for Li Jiaxin, she is still a gunpowder keg, let's wait until the explosion is over.

"Live, of course!" Qiqi said again.

"According to the order, choose the location! Check in next Spring Festival!"

The basic decoration of the villa has been completed, and there is absolutely no problem in staying for more than one year.

After a while, everyone chose their own villas according to the order of the family, and then looked forward to it.

The eight villas have a certain distance, a bit like the ancient palace, if the concubine is not satisfied, build a Qianqing Palace, Jiaotai Palace
The next day, Lin Zuhui led several people to the Furama Hotel. Among them were a few foreign whites. These people were the top management of the Cathay City Hotel newly formed by Lin Zuhui.

The original Lu Donglai was transferred to New Era Real Estate as a director. He was responsible for the diversified expansion of New Era Real Estate, and was in charge of the general department; for example: telecommunications, retail, finance and other fields, and even the development strategy of ports (shareholding) and shipping.

This is a strategy re-formulated by Lin Zuhui based on the organizational structure of real estate companies such as Sun Hung Kai, New World, and Henderson.

When we came to the meeting room of Furama Hotel, Chen Siming, Charlie and other hotel management teams of Furama Hotel had already arrived one step ahead.

After sitting down, Lin Zuhui reached out to a 40-year-old British white man, and said: "This is the new president of Cathay City Hotel - Corbett, he has very rich experience in the hotel industry. Management Group Employment”

It is not easy to find an international talent. Not only do you have to fire a high salary, but you also have to provide various benefits.What makes Lin Zuhui the boss most unacceptable is that these foreigners ask for too long annual leave.

But there is no way, Lin Zuhui plans to spend billions of Hong Kong dollars in the future to lay out a global hotel management network (acquisition), and at the same time purchase a certain number of hotels.

Such a big move naturally requires management talents with an international vision.Of course, more than half of the senior management of the Cathay City Hotel is still managed by Chinese, which can be said to be Chinese and Western management.

Corbett's deputy is the original executive director Li Mingtao, who is now the vice president.

After some introduction, Lin Zuhui said: "Manager Chen, please report on the business situation of Furama Hotel last year!"

Chen Siming was already familiar with the style of Lin Zuhui, the boss, and he was well prepared.

"Last year, Hong Kong's tourism industry was booming, and the performance of Furama Hotel also achieved a growth of nearly 30%, with a net profit of 6300 million Hong Kong dollars (the profit in 1986 was 4800 million, which was revised according to the data)"

Hearing Lin Zuhui nodded secretly, at present, the Furama Hotel is already a 'fair price' purchase.At the beginning, he bought it with a total market value of 15.8 billion (only 7% of the equity), but now the land of Furama Hotel is around 8.5 million, and the absolute value of hotel assets plus construction assets is more than 7 million.

Even Furama Hotel's annual profit is as high as 6300 million. Considering only the hotel's profit, it should be able to recover the cost in 10 to 15 years.

This meeting is mainly for everyone to get acquainted, and the new management team of Cathay Pacific will also need to adjust for a period of time, and then Lin Zuhui will arrange expansion tasks.

Lin Zuhui came to Wanhui Media and summoned the general manager Long Jingchang.

At the end of December, Wanhui Media spent 12 million yuan to buy the next small building in Causeway Bay, making the company's property assets reach 3 million yuan. It is estimated that this year's (6) rental net profit will be nearly 1988 million yuan, accounting for one-third of the group's profit one.

And Wanhui Media will become the most profitable media group in Xiangjiang, and the company has almost no debts, and there is still 8000 million in cash lying in its account.

"Boss, a Japanese publishing house came to discuss the authorization of "Feng Yun", and I have not agreed to him, mainly because the price is not very satisfactory. "Feng Yun" has surpassed "Chinese Heroes" and has become the most popular comic publication in Xiangjiang. Can't sell outside rights cheaply!"

Lin Zuhui said with a smile: ""Feng Yun" has really become our cash cow. I'm afraid it will bring 3000 million yuan in profit to the group company this year!"

"Chinese Heroes" accounts for one-third of Yulang Group's profit, with an annual profit of more than 2000 million.

"It should be about the same!"

Lin Zuhui nodded and said, "How is the situation of Yulang Group?"

Long Jingchang suddenly got excited, and he said, "It's very pessimistic! It is said that Huang Yulang lost hundreds of millions of yuan in this stock market crash, and Yulang Group is in the publishing industry rather than the securities industry, but it uses the funds raised from the stock market. A huge sum of 4.7 million yuan was invested in securities, which exceeded the group's market value by more than 4 million yuan (before the stock market crash), and shareholders complained."

Lin Zuhui suddenly pondered, and he said to Long Jingchang for a long time: "You find someone to check the situation of Yulang Group, and then find someone to guide the shareholders of Yulang Group to complain to the Securities Regulatory Office. Important shares and investment transactions and other behaviors have caused the Securities Regulatory Office to find trouble with Yulang Group."

Long Jingchang nodded without hesitation, and said, "Don't worry, the boss, I guarantee that no one will notice. Anyway, the stockholders of Yulang Group are also complaining."

Lin Zuhui nodded, Long Jingchang resigned and went to work.

He was thinking: Once Yulang Group is publicly condemned and warned by the Securities Regulatory Office (investing in securities itself is not illegal), the image of Yulang Group will be greatly damaged, and the stock price will plummet.

This is not the point. The point is that Huang Yulang himself borrowed a lot of debt from the bank.

Once the bank knew that Yulang Group was in trouble, it would force Huang Yulang to repay the money, and the repayment would be immediate, with no room for negotiation.

This is the bank. If it weren't for Lin Zuhui's success in "weight loss" before the stock market crash, the bank would have to make all New Times Real Estate departments pay back the money.

Once Huang Yulang is pressed for debt by the bank, he can only reduce his shareholding in Yulang Group, and his holding will definitely not be firm.

At that time, Lin Zuhui's opportunity will come!

This year, Lin Zuhui has two development directions in the media field: first, the acquisition of Yulang Group; second, the acquisition of ATV.

At the end of last year, a fire broke out in the ATV headquarters, at this time Qiu Degen may have lost his interest.

It's time to join forces with the Zheng family to test it out.

ATV was formerly known as Li's Television.

In 1957, "Li's Voice", which was engaged in the broadcasting industry, changed careers and founded "Li's Yingsheng".In March of the same year, Lai TV officially launched.Lidi lived a peaceful life of dominating the screen for [-] years and having no competitors.

In November 1967, Laidi's dominance of Hong Kong was broken - Hong Kong Television Broadcasting Co., Ltd. was established, and the founders were the Li Xiaohe family, a prominent Hong Kong family.Li's TV uses cable to transmit signals, while Hong Kong TV uses a transmitter to broadcast, so it is called wireless TV for short.Wireless overwhelms Lai with its advantages of free, color, and rich and colorful programs.The media said that "beautiful is not beautiful, wireless is infinite", and vividly summarized the advantages and disadvantages of the two.

Li's had to change the old ones and make new ones, and changed to wireless and color in December [-].But it was too late, wireless has firmly occupied the market, and it is getting better and better.

In the summer of [-], Li Xiaohe, chairman of the wireless board of directors, died suddenly. Shao Laoliu, a director of wireless, was elected as the chairman of the board of directors. Shao Laoliu was the king of Asian movies. Due to the impact of television, the films shot by his studio were distributed in Hong Kong and overseas. not ideal.So Uncle Liu focused on the television industry, using the studio equipment and cast members under his control to produce programs for TVB.

The momentum of wireless is booming, and there is no second.

But there is a person who dares to dare to challenge Liu Shu, the film and television tycoon, and this gentleman is Qiu Degen, the chairman of the Far East Group.Qiu Degen came to Hong Kong from Shanghai to develop in 1950. He initially opened theaters (cinemas) in the New Territories, and later established the Far East Group, which includes theaters, banks, real estate, and entertainment industries.Both the Qiu family and the Shaw family belonged to the Shanghai gang, but their relationship was not good, because he and Run Run Shaw's "mortal enemy" - Lu Yuantao, the owner of the MP & GI film company, was a close friend.Qiu Degen, like other cinema operators, has the heart to make films.Now that the film industry is in decline and television is booming, the Qiu family has empathized with the television industry.It happened that Li's was difficult to maintain under the blockade of wireless. In September 1982, Qiu Degen purchased 9% of Li's shares from the Voice Group, thus becoming the owner of Li's and serving as the chairman. "Li's Yingsheng" officially changed its name to "Asian Television".Later, Qiu Degen bought all the shares of ATV.

12 Repulse Bay, Zheng's 'Imperial Palace'.

The arrival of Lin Zuhui was warmly welcomed by Zheng's family.

Zheng Yutong has two sons. The eldest son, Zheng Jiachun, is acquainted with Lin Zuhui. The youngest son, Zheng Jiacheng, has a weird personality. He likes to see a psychiatrist. He has been divorced several times. Holding food in one hand, he doesn't pay much attention to image.

After several people sat down, a servant brought tea and snacks.

After taking a sip of tea, Lin Zuhui explained why he came here: "Uncle Tong, brother Chun wants to buy ATV, what do you think?"

Zheng Jiachun almost didn't spray the tea on his Lao Tzu's face, coughed twice before he said to Lin Zuhui under Lao Tzu's gaze, "Didn't you bring this up?"

When Zheng Yutong saw his son's expression, he knew that Zheng Jiachun was definitely moved!

"You have a newspaper group. If you buy ATV, I'm afraid the Hong Kong government will make trouble for you, right?"

Lin Zuhui smiled and said: "So I invite you to come out and serve as the chairman of ATV's board of directors. I just need a director. Moreover, it is not Wanhui Media who is going to buy it. I plan to participate in the acquisition in the name of my family."

He also knew that the Hong Kong government would introduce new regulations soon, that TV licenses could not be under the name of subsidiaries of the group company, forcing Shaw Brothers to reorganize TVB.

Lin Zuhui planned to buy ATV shares in his own name first, and then sell them to New Times Group later. Otherwise, his career would be too complicated, and he would have to sell the shares of the film company to New Times Group if he found a chance.

Zheng Yutong asked again: "Does Qiu Degen intend to release the market?"

Lin Zuhui said with a smile: "Probably, I think he is in trouble, so there shouldn't be any problems!"

Zheng Yutong nodded, then looked at Zheng Jiachun, and found that his son was listening carefully, so he was determined to fulfill his son's wish.

"How do you count the shares of the new consortium? Is it just the two of us?"

Lin Zuhui thought for a while, and said: "Qiu Degen may not be willing to sell all the shares, but anyway, it is no problem to buy 35% of the shares! At that time, you will get 30%, I will get 5%, and how about inviting God D to join the remaining [-]%?"

The Zheng family does not have a media operation, so the actual management must be Lin Zuhui, but Lin Zuhui needs Zheng Yutong's brand, so let him be the chairman of the board of directors first, and he will get more shares than himself.

As for the remaining shares of Qiu Degen, Lin Zuhui can use a little trick to get them all this year;

At that time, Lin Zuhui will surpass the Zheng family's shares again, and he is testing the reaction of the Hong Kong government step by step.

After all, the Lin family's management of ATV has become a foregone conclusion, and the pressure will be much less.

Zheng Yutong said with a smile: "Okay, I know what you think, and it happens that we have no experience in running ATV, so we can rest assured that you will manage it!"

The chairman of the board of directors and major shareholders of other people have been handed over to him, so of course he has to make concessions, not to mention that he believes in the management of Lin Zuhui Media.

The two parties discussed the details, and then planned to invite God D to join, and then go to talk to Qiu Degen.The reason why Lin Zuhui invited God D was not to abide by the laws of his previous life, but because he and God D had become good friends.

(End of this chapter)

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