Hong Kong's new giants

Wednesday, April 11.

In the office of Hengjin Investment, Lin Zuhui stood in front of the window admiring the scenery of Victoria Harbour.

After a while, Li Hao quickly came to Lin Zuhui's office and said, "Boss, USD/JPY has fallen below 122 points, do you need to buy it!"

Lin Zuhui turned his head and said calmly, "I want to buy, but I don't need to be so anxious!"

"What the boss said is that I'm a little impatient!" Li Hao said with his head down.

He is so anxious as a part-time job; and the boss is investing his own money, but he has a calm expression, which is admirable!

Lin Zuhui waved his hand, signaling him to sit down, and then Lin Zuhui also sat on the sofa.

"Are the funds ready?"

"Well, all the 4.5 million funds you gave are in place, and you can buy them at any time!"

Lin Zuhui had 12 billion left from his last loan, and this time he took out 4.5 million for additional investment in foreign exchange, and the remaining 7.5 million was used to raise funds for New Era Group's rights issue.

"Now you need to buy below 123 points, and close the previous 'short investment' below 122 points, and then buy again! In this way, we are equivalent to buying 123 billion below 105 points USD/JPY (10.5 billion margin).”

"Okay, I know!"

The boss has already framed the buying point and closing point, so he doesn't need to worry about it!

Lin Zuhui nodded, and said: "Also, don't worry, remember to spread out the buying and closing positions! Even if we miss the opportunity, we are sure to make a profit, so why worry about it!"

"Ok!"

Li Hao had to admit that the boss's mentality was really good!
After chatting for a while, Lin Zuhui let Li Hao go, and his mentality stabilized.

Lin Zuhui shook his head. Li Hao's growth is limited. After the success of Lin's family office, he can only be an investment manager.And for investment managers like him, there may be more than [-] family offices.

The day.

New Times Group announced a rights issue to raise funds, issuing 10% of new shares, raising a total of 15 billion yuan (current market value of 152 billion yuan).

At the same time, New Era Group particularly emphasized that the major shareholder, Mr. Lin Zuhui, will raise all the rights issue (49.5%) to express his confidence in the company.

For a moment, all real estate developers looked sideways!
At present, the Hang Seng Index has warmed up slightly, but it is only 2600 points, and the market is not good;
And New Times Group has raised so much money (the market value has been raised), it is obviously time to test its company's reputation!

If the rights issue of New Era Group succeeds in raising funds, it has raised a huge amount of cash of 27.3 billion this month.

Although the New Times Group declared that the funds raised were mainly used to reduce debt holdings and develop real estate, some real estate developers still keenly sense Lin Zuhui's intention, which is to compete for the "land king" that may be auctioned.

In the meeting room of Yihe.

Lin Zuhui, Keswick, Zheng Yutong, Xiaogou Heiro and others are signing the contract.

In this bid for the Tate’s Cairn Tunnel, a consortium consisting of Golden Gate Construction, Nishimatsu Group (Japanese-funded), New World, and New Times will build the tunnel at a price of 20 billion yuan and obtain a 30-year franchise.

At the beginning, Lin Zuhui planned to obtain at least 20% of the shares, but after some deduction, he found that the income of this project would be much lower than expected; he decided to play soy sauce, let the New Times Group account for 10% of the shares, and focus on participation, absorbing the benefits of infrastructure experience.

On the contrary, Zheng Yutong has a different opinion and let New World take 25% of the shares!
In fact, most of the funds for this project are completed through loans, and the start-up funds invested by the four companies will also be given priority in the future.It's impossible to lose money, but you can't make much money!

After signing the contract, Simon Keswick said with a sigh: "Lin Sheng, I admire you very much. You are bold in doing things and grasping the timing and benefits!"

Lin Zuhui has won three major projects from Hongkong Land, each time at a premium price, but soon rose to parity, and later made a profit, so Ximen has this saying.

Of course, Ximen didn't feel that there was anything to regret. Selling Landmark's assets was a family strategy.After all, they dare not gamble!If real estate appreciates again, Hongkong Land will sell the property!

Lin Zuhui smiled and said: "It's just luck! Doing business in Xiangjiang requires a lot of luck. The 'July [-]' and 'August [-]' stock market crashes have caused countless people to fall. So, Mr. Ximen, I am trembling every day! "

Everyone laughed!

Simon went on to say: "This time, the New Era Group has obtained a large amount of cash and is already in an invincible position."

Lin Zuhui nodded with a smile. Many outsiders have speculated that Lin Zuhui is preparing to reduce the debt again. Could it be that he has noticed something!
Of course, this will not affect the thinking of the vast majority of people, what should everyone do or do.

The former rivals——Ximen and Zheng Yutong, also came together again for the benefit at this time, and the two also talked and laughed happily, as if they were not as unhappy as before.This is the case in the business world. Back then, Bao Yugang and the Keswick family had such a big fight. After the Battle of Wharf, the two joined forces to invest in real estate projects.

At this time, Lin Zuhui was a little worried that Simon Keswick offered to sell the building and shopping mall to himself, so it was not right for him to refuse, and it would not be worthwhile not to refuse.

After all, he knew that real estate was going to fall by 30%~-35%, so how could he buy it at this time; moreover, he didn't have the money to buy it.

Walking out of the Jardine Building, Zheng Yutong asked curiously: "This time you took the initiative to organize the consortium to bid, why did you feel a little unhappy when it came time to share the shares?"

Lin Zuhui smiled and said, "Uncle Tong, I'm reducing my debts now, and the Tate's Cairn Tunnel project is so slow to pay back, why do you think I want such shares! To put it bluntly, New Times Group's participation in this project is nothing more than accumulating funds on infrastructure construction." Just some experience! Seriously, if the mainland is opened up, the infrastructure there will have a lot to do!"

Although the investment in infrastructure is large and the return on capital is slow, but the funds have bank loans, what are you afraid of!
To put it bluntly, it is to invest a little start-up capital and rely on bank loans for the follow-up.

Zheng Yutong nodded, approved of Lin Zuhui's thoughts, and said, "I didn't expect you to be so optimistic about investment in the Mainland?"

"Huaxia people, the motherland will get better sooner or later!"

Although he said so, Lin Zuhui actually does not have much enthusiasm for investment in the mainland, and the focus is entirely on participation.

The return rate of projects in the Mainland is very low, that's for sure!

In his previous life, Li Ka-shing made very little money in the mainland, mainly because he made a lot of money in Hong Kong and overseas.

To illustrate with an actual case: Li Ka-shing spent 40 billion to buy land in Shanghai, and 12 years later, he sold it for 200 billion.After adding the construction fee, he actually earned 120 billion.Inflation is counted, which is actually tossing around.

"It's better to be better than you. You have completed all the projects at the feet of the emperor. Your Lijing Garden is amazing, and the land number is 00001!"

"Haha, I admit this, I have done a remarkable thing!"

A new week begins.

After the New Era Group successfully completed the rights issue to raise funds, Chinese Land subsequently announced the rights issue to raise funds, issuing 10% of new shares, raising a total of 10 billion yuan (current market value of 103.5 billion yuan).

For a while, market participants looked sideways!
Some people began to discuss why Lin Zuhui suddenly raised large-scale funds, whether he was optimistic about the market, or felt that the market was at risk of falling.

It is very simple to be optimistic about the market, that is to acquire land, so a lot of funds are needed;

If you are not optimistic about the market, that is to reduce debt, so that you can survive the plunge.

Just when everyone was guessing, the Hong Kong government officially announced the auction of "Wan Chai Land King" on January 1989, 1. Interested companies can participate in the registration within 3 days.

It was only then that everyone realized that Lin Zuhui had made preparations in advance and guessed that there would be an auction for the 'Land King'.

"Wanchai Diwang" is located on the south side of the Convention and Exhibition Center, only separated by a Harbor Road in the middle, and the important thing is that it has an area of ​​7.78 square feet.As three sides are empty, the plot ratio can be enlarged to 18 times.

In other words, this land can build 140 million square feet of commercial buildings!
Huazhi Center.

After Lin Zuhui learned of the "land plot ratio" (the Hong Kong government had informed him before the auction), he immediately became excited, that is, he planned to build skyscrapers on this land.

For example, he expects to build 80 floors (estimated), then this building will be the tallest skyscraper in Asia, and it can be among the top ten famous buildings in the world.

The building occupies an area of ​​only 1.75 square feet (undetermined), and the excess land naturally forms a square, which is extremely beautiful.

He quickly began to estimate the cost again. Assuming that the land auction was won at a sky-high price of 35 billion, and the construction and miscellaneous expenses still needed about 17 billion, then the entire project would require an investment of 52 billion.

Not expensive, such a building will probably be worth 20 billion in 400 years, which is equivalent to two-thirds of the market value of all Wanda Plazas in the Mainland in the previous life.

This is not counting the rent generated during the period, it may also look like 300 billion!

The value of a building is comparable to all the Wanda Plazas in the Mainland in the previous life.

However, for a project with a total investment of more than 50 billion, it is also very difficult for New Era Group and Chinese Land to join forces;
Funds are available, but we have to consider that the Hong Kong government still has "Land King" or high-quality land for auction.

At that time, the strength of the two companies will be greatly reduced!
So Lin Zuhui planned: In the name of the Lin family, he will take [-]% of the shares, while New Era and Huazhi will each have [-]%!
But at this time, he had no money, and he was still in debt of 20 billion, and he also mortgaged part of the rights and interests of Diligende Pavilion and Furama Hotel.

The scene at this time has never been known before. Before the August [-]th stock market disaster, he also operated in the same way.

But at this time, although he personally borrowed 20 billion yuan, even if the real estate and stocks plummeted immediately, he would not be seriously injured, it can only be said that he hurt a little bit!

On the contrary, he has already mortgaged all the fixed assets, and then only the stocks can be pledged!
Lin Zuhui personally needs to invest 11 billion ([-]% of the equity, limited to the land fee) for the participation in the 'Wanchai Land King'. Lin Zuhui intends to pledge the shares of Wanhui Media and LEIT Group.

Lin Zuhui suddenly had a headache. According to this trend, when will he be able to achieve "freedom of wealth" and when will he be able to catch up with Li Ka-shing.

He finally realized that the veteran family is so powerful!

It can be said that real estate companies such as New World, Henderson, and Sun Hung Kai can raise 50 billion immediately if they want to borrow money.

Of course, they still dare not do this to Lin Zuhui. For them, they are always wary of the stock market crashes and real estate plummets in 67, 73, and 82.How many colleagues fell down in the past before they broke through the siege, how dare they put all their eggs in one bet!

at this time.

Lin Zuhui suddenly felt that the more he felt the power of the old family, the more he should move forward bravely.