Hong Kong's new giants

In the meeting room of Wing On Group, Chinese Land and New World Development were invited to negotiate.

Since the stock market crash, the Guo family has known Lin Zuhui's true thoughts, which is to take advantage of the low market to privatize Wing On Group; A total of 51% of the shares.

The reason why the attack was delayed before was because the public opinion was too strong, or the stock price was too high.

Not long after sitting down, Guo Zhiliang couldn't wait to say: "Lin Sheng, Zheng Sheng, if this goes on, everyone will suffer from three losses. Why don't we shake hands and make peace?"

Lin Zuhui smiled and shook his head!
That smile originally gave people a feeling of spring breeze, but in the eyes of the members of the Guo family, it was like a stick in the throat, and the air was blowing from the body.

"According to the highest price of 24 yuan in the stock market crash, I bought your 7900 million shares, which will cost about 19 billion! I can get a nearly century-old company and a large number of properties. Why not do it? You know, we Chinese buyers In the account, there are billions of Hong Kong dollars in liquidity."

The Guo family immediately glared at each other, and Lin Zuhui didn't care about them!

Zheng Jiachun immediately echoed: "We have already paid too much, so we must achieve our goal, otherwise why should we hand over the fruits of victory to you?"

Guo Zhiliang said painfully: "Those three buildings are the core assets of our Wing On Group!"

Lin Zuhui said calmly: "Compared to your ancestral property, property assets are now full of cheap goods! Your Guo family was not at ease with each other, so why bother to hang on too much! What's more, you understand your situation very well. , that means you have already lost. If it didn’t take time to prepare funds, I would have already controlled Yongji.”

The members of the Guo family finally understood that Lin Zuhui had already made up his mind and if the stalemate continued, they would not even be able to keep Yongji.

After a long time, Guo Zhiliang said: "I agree to your request to sell the three buildings to your company, but at the same time, you need to sell 8% of the shares to our designated banking institution at a fair price!"

At present, the stock of Yongan Group has fallen to more than 10 yuan per share (not delisted), and it is still acceptable to sell at a par price.

Lin Zuhui glanced at Zheng Jiachun, meaning to let the New World Group go out first, of course Zheng Jiachun nodded happily. Although the loss per share was a little bit, the merger was hopeful.

Lin Zuhui said: "The value of the building has dropped by 19%. Wing On Center is 14 billion, and the other two buildings are [-] billion. They are sold at this price."

Guo Zhiliang immediately said: "Where will the high-quality buildings fall so much?"

Lin Zuhui finally sneered and said, "That's compensation for our acquisition expenses. It can be said that the shares in our hands have incurred a lot of losses! Moreover, high-quality buildings will fall so much, and now all foreign-funded institutions in Hong Kong are withdrawing , without their lease, the rent of the office building will not be slowed down within three to five years. Guo Sheng, think about it carefully, if it were you, would you buy the property at a premium now?"

Zheng Jiachun couldn't help admiring Lin Zuhui's big appetite, he had hoped to reduce the price by [-]%!

In fact, Guo Zhiliang had already reached this point, so he made a gesture with several members of the Guo family, and then nodded in submission.

That's right, surrender!

Guo Zhiliang finally said: "How do you plan to deal with Lin Sheng's shares?"

Lin Zuhui smiled mysteriously, and then said: "I plan to help you find an ally, otherwise Yong'an Department Store may find it difficult to break through!"

Guo Zhiliang suddenly felt amused, and said, "Mr. Lin is still so kind? I don't know which bank he plans to sell to?"

Lin Zuhui did not lie to Guo, and said: "I remember Japan's Seiyu Co., Ltd., which has discussed cooperation with you many times but failed! Personally, I think that Wing On Department Store can only take on a new look if it joins the advanced management and purchase channels of Japanese department stores. Of course, I am not Worry about your affairs, but others are interested in the stocks in my hands, who told you that you can't eat them!"

Zheng Jiachun was speechless. Just now he thought that Lin Zuhui asked him to sell the stocks first, so that New World Development could cash out first.Unexpectedly, after a long time, they have already figured out a way out.

I have to admire it!

Guo Zhiliang said: "I hope everyone will discuss this matter before we discuss it, and complete the comprehensive transaction first!"

Lin Zuhui said: "It is possible, but I have a capital of 17 yuan per share. Even if I am willing to discount 16 yuan, other companies may not be interested!"

Guo Zhiliang said helplessly: "We will try our best to complete the disposal of the shares in Lin Sheng's hands!"

Lin Zuhui just gave up, he has actually made money this time!
After all, Wing On Center was worth 27 billion before the plunge, and he can buy it now for 19 billion, which is enough to offset the 8 million acquisition of 25% of Wing On.We must know that the high-quality buildings in Central will drop by [-]%, but others will not sell them now.

What's more, there is hope that the Yongji stock in Lin Zuhui's hands can be sold at a fair price.As for the malicious privatization of Yongji, he still doesn't want to bear the notoriety, so let's just accept it!
Wing On Center is located on the opposite side of Exchange Tower [-], only one Connaught Road in the middle, and only one Pottinger Street from 'Wing On Center' is Hong Kee Building and Chinese Bank Building.

Therefore, if Hong Kee Building and Chinese Bank Building are successfully merged, Chinese Property can own a first-class commercial building of 100 million square feet in this location, which greatly strengthens the allocation of office buildings in Central.

Walking out of Wing On Group, Zheng Jiachun said with a smile: "You are easy to talk about today, why did you change your mind and not buy Wing On Group!"

The two are actually competitors now, New World, Henderson, and Evergreen. The three companies formed a consortium and recently participated in the bidding for the "Garden Land King" project.

Therefore, when Guo Zhiliang proposed a settlement, Lin Zuhui thought it was feasible!

New World needs to spend another 14 billion to buy Yongan Building and Yongan Life Insurance Building, which will inevitably lead to a large increase in debt, so the bidding will naturally be cautious.

Lin Zuhui said with a smile: "Isn't this our goal from the beginning? Now we just took advantage of the low market to reach a deal. Moreover, people at the scene were panic-stricken, and this deal was taken for granted. Everyone thought Guo was taking a fortune!"

Zheng Jiachun was taken aback, his good friend would "get a bargain and act like a good boy", but it made sense.Now that we have bought a few buildings, it can be said that the impact will be very small. We think properties are being sold all over Hong Kong.

The two chatted some non-work words, and then separated.

Zheng Jiachun is the head of a large group and has his own analysis of the situation. He would not ask Lin Zuhui about those.If the two usually get together, they will talk about romance.

Now there is a "Zheng Lin Group" circulating on Hong Kong Island, which refers to a group led by Zheng Yutong and Lin Zuhui, and its members include Da Liu, Yang Shoucheng, Poon Dickson and other people.The group gets together occasionally, very obviously.

This team will probably be called the "Big D Club" in the future, but with Lin Zuhui as a giant in this world, the influence may be more than doubled.

Back at Huaren Real Estate, Lin Zuhui said to Gao Yi: "The owner of the Huaren Bank Building, put forward our quotation and try to complete the merger within this period of time."

Gao Yi asked, "A [-]% price drop?"

In the conference room of Wing On Group, everyone thought it was unbelievable that the Central Building could be bought at a [-]% price reduction; it was only later that everyone realized that the boss was not here to negotiate the price, but to rob.

At present, the properties in Heung Kong have indeed fallen by 30-35%, but like high-quality buildings in Central, the owners will not sell cheap buildings.They can at least choose to recover a little bit before making a move. After all, it is not a war.

Lin Zuhui said: "The price has dropped by [-]%, let's talk first! Don't go to Cen Caisheng's place, I know him, I will visit him later!"

Cen Caisheng is the chairman of the Newspaper Association, and Lin Zuhui is the vice-chairman. There are people who don't know each other.Cen's "Overseas Chinese Daily" has been established for more than 60 years. Cen Caisheng himself holds some public positions in society and has some influence.

"Ok!"

After Gao Yi left, Lin Zuhui leaned back on the seat and began to think.

This once-in-a-lifetime opportunity, neither New Era Group nor Huaren Land did not enter the securities market to buy bottoms. There are two reasons:

First, the current market value of Xiangjiang stock market is only more than 4000 billion, and Lin Zuhui personally invested 30 billion. He is worried that the impact will be too large.

Second, a Chinese home owner with heavy debts is more conducive to privatization at the end of the year.

When Lin Zuhui came to the headquarters of "Overseas Chinese Daily", some employees watched Lin Zuhui pass by curiously, with no trace of surprise on their faces.Probably not, they thought that Lin Zuhui was going to buy "Overseas Chinese Daily".

Under Cen's old-school management, "Huaqiao Daily" has lost to the newcomers in the newspaper industry in the later period, and has gradually declined. Its current sales volume is only more than 3 copies.As far as Lin Zuhui knows, none of Cen Caisheng's four children intends to inherit the ancestral business (the newspaper created by his grandfather), and Cen Caisheng is already 69 years old this year, and he may already have the idea of ​​quitting.

Led by the staff, Lin Zuhui came to Cen Caisheng's office, and the two greeted him warmly.

"Old Cen, you are in good spirits!"

"Zu Hui, I think you must be devastated!"

Both of their words have profound meanings, and they are nothing more than a question of the direction of newspaper public opinion.

Of course Lin Zuhui also has a headache, but he has a coup, which is to be the hands-off shopkeeper.Originally, he was a real estate tycoon. Wanhui Media has always been a decentralized management authority, and it is also a listed public company.

Of course, Lin Zuhui warned Long Jingchang and other management in advance not to get too involved in those matters.
Lin Zuhui said with a smile: ""Daily Daily" is a "vulgar" newspaper, which is a newspaper for the public's entertainment. I think it is Jin Daxia who has a headache, haha!"

There should be a large part of the reason why Jin Daxia wants to retire. He has the character of a literati, but he doesn't want to make enemies.

It's hard to be a man in the middle!

Cen Caisheng couldn't help admiring Lin Zuhui's "hands-on" and said with a smile: "You are amazing!" The implication is that Wanhui Media has been very "hands-on" recently.

In fact, Lin Zuhui's work as a media is a double-edged sword. He not only gained a lot of influence, but also had to participate in it.

For example, if he wants to run satellite TV, he must import American TV content (four of the six channels broadcast foreign TV stations, so that people in Asian countries can see American TV stations). edge pressure.

Of course, if Li Cucumber could withstand it, so would Lin Zuhui.

He is a world businessman, he can't be a hero, but he must be patriotic!
After chatting for a while, Lin Zuhui made it clear what he was here for, and said, "Our Huaren Property Group intends to merge Hongji with the Huaren Bank Building. Mr. Cen, we are willing to buy 1.2% of the equity in your hand at a price of [-] million!"

Cen Caisheng pondered for a moment and said, "Before the plunge, 1.5% of my shares were worth [-] million!"

Lin Zuhui nodded and said: "I can't say that completely. After all, he was not worth 1.2 million a year before the plunge. Now that Xiangjiang's foreign capital has withdrawn, I don't know how many years it will take for Xiangjiang's office buildings to recover. In addition, the real estate outside has fallen by more than [-]%. Because we are old friends, I don’t want to lower the price by [-]%, so I will trade by [-]%.”

Cen Caisheng said: "Aren't you a real estate friend of Xiangjiang? Why are you still so pessimistic about the real estate market?"

Lin Zuhui said with a smile: "It's not bearish, but a fact. I'm still optimistic about Xiangjiang's real estate market, but I have to spend the sluggish years in between. Just like the negotiations in 1982, these years I don’t know how many real estate companies will go bankrupt.”

Cen Caisheng nodded and approved Lin Zuhui's words.The impact on real estate and securities is so great this time, and it is true that it will not recover in a short time.

His 1.2% interest may be able to wait until a few years later to restore the price before the plunge, but it is a big deal for others to merge the building, and besides holding [-] million, he can also invest and make a profit.

"Okay, if you are so straightforward, I won't bargain!"

This is how the two sides reached an agreement!

In fact, no matter whether the merger is successful or not, it is not a loss to buy [-]% of the shares in Cen Caisheng's hands.

After all, the two buildings will not be dismantled if all the conditions are not fulfilled, so the [-]% interest in the Huaren Bank Building can still bring stable income.

So this deal, no matter what, will not lose money!
What Lin Zuhui didn't expect was that the merging of the Chinese Bank Building went very smoothly. In just one month, Chinese Real Estate bought all the shares, spending a total of 1 million yuan.At this time, I will not talk about it for the time being.