Hong Kong's new giants

Huazhi Center.

Lin Zuhui was in the office, thinking about the development direction of the group department in the new era.

Looking at the stock price on the computer, Lin Zuhui couldn't help frowning. Since the debts of New Times Group and Huaren Land were exposed, some market analysts began to sing bad news.

The total debt of the two companies is 150 billion, which means that they have to pay more than 13 billion in interest every year.If the investment in securities is not taken into account, and the real estate market in the next year is not very good, market analysts have pointed out that the annual net profit of New Era Real Estate cannot outperform Cheung Kong, Sun Hung Kai, and Henderson. Over the New World and Hang Lung, Great Eagle and the like.

"Short-sighted! These people only see that the net profit is swallowed up by the interest, but they don't see how much the value of the property that New World Group is buying at the bottom will appreciate."

Lin Zuhui shook his head helplessly.

However, at this time the property has not yet appreciated in value, so he can't recommend it to investors—the real estate will soon be restored, and the rent will soon increase.

"During this period, the stock is at a low point, and Huazhi is going private at the end of the year, so I can increase my shareholding again!"

Today, the Chinese real estate properties are: 15 buildings (572 million square feet of rental properties), 7 shopping mall properties (125 million square feet).

7 buildings in Central District: Chinese Center Block A, B, Entertainment Building, Wing On Center, Chinese Bank Building, Hongji Building, Legu Building, Printing House, and Lecheng Building.Total: 226 million square feet of rental properties.

Wan Chai: Harcourt Building, Central Plaza.Total: 182 million square feet of rental properties
Causeway Bay: World Trade Center, Royal Mansions, Garland Centre.Total: 152 million square feet of rental properties
North Point: Le Kei Walk.Total: 12 square feet of rental properties
If you add the rental project in the hands of the New Times Group - Wanguobaotong Plaza (160 million square feet), the entire group owns 860 million square feet of rental properties, and actually owns 710 million square feet (three cooperation projects).

Based on these properties alone, since 1992, the annual rent collection has been more than 30 billion.

With such a huge profit, Lin Zuhui is of course unwilling to enjoy the dividends from Chinese Land through the New Times Group;

Because in this way, his dividend will be greatly reduced.

Therefore, if Huaren Real Estate is privatized, Lin Zuhui will directly share half of the shares based on his 50% shareholding.

And privatization needs to find a good time, and the end of November this year is the best time, otherwise the price will be even greater in the future.

Why not now?Because it is less than six months away from the highest price before the plunge, and it will be expensive if it hits the full acquisition line.

Lin Zuhui picked up the paper and pen, and kept calculating. He is the head of a company's real estate company, and he only needs to grasp the general direction of the company.

From 1990 to 1995, it was necessary to consider increasing the strength of the company during this period, especially in the next year and the next year, it is also necessary to strengthen land reserves; therefore, the current financial situation is not acceptable.

It seems that at the end of the year and early next year, New Era Group will raise funds!

In fact, the debt ratio in the new era is not high!

The net assets of New World Development are lower than that of New Era Group, but the debt has risen to 90 billion; therefore, the debt of New Era Group is not high.

However, Lin Zuhui still plans to borrow less, but plans to raise about 10 billion from the Lin family through the issuance of "warrants" (after diluting the shares, immediately make up for it), and then raise about 20 billion through rights issues. Part of the interest in the building was sold to the Lin family.

After some planning, Lin Zuhui's spirit was shaken. Next year, New World Group will 'still be popular'.

"dong dong"

A knock on the door interrupted Lin Zuhui's thoughts.

Li Ke led Mr. Rong from Huaxin and walked in. Lin Zuhui got up and greeted him with a smile.

"Young Master Rong, welcome!"

"Lin Sheng, you're welcome!"

After some greetings, Lin Zuhui invited Mr. Rong to sit on the sofa.

Although he was curious about what Mr. Rong was looking for, Lin Zuhui was able to act very calmly, and instead brought up 'homely'.

"I don't know if it's cold in Beijing in January. I'm a southerner and I haven't been to the north yet!"

"The capital is very cold, Lin Sheng should bring more clothes."

"Haha, don't be afraid, I believe this trip will be warm."

"That is, with Lin Sheng's achievements in Xiangjiang, the country attaches great importance to you, and he will receive you grandly!"

"It's an honor, he is my idol!"

Lin Zuhui is still looking forward to the trip to the capital after a little homework.

Then, Mr. Rong showed a trace of embarrassment on his face, and said hesitantly: "Lin Sheng, I'm afraid I will disappoint you in the matter of leasing the satellite receiver last time. I didn't know that Li Chaoren was also preparing for satellite TV, and he He is also one of the shareholders, and he ordered 24 of the 12 satellite receivers at once. And for the remaining 12, there are several provincial TV stations in China that are going to be on the satellite. So now there are only 3 There are no receivers booked."

Lin Zuhui was immediately disappointed. In fact, he knew from the beginning that if he rented 12 satellite receivers at once, even if Li Chaoren didn't have the idea of ​​establishing a satellite TV, he would immediately have this idea.

It's very simple, the two are competitors now, and Lin Zuhui would do the same.

As early as 1988, Li Chaoren and the British Dadong participated in the "Asia Satellite 1", each holding one-third of the shares.

Therefore, if Li Chaoren proposes a lease, Huaxin has no reason to refuse.

Soon, Lin Zuhui said calmly: "It's okay, this investment is irrelevant to me. Maybe in the future, I will buy a communication satellite myself and let the motherland launch it for me!"

A Japanese communication satellite is only 3 million U.S. dollars, and the launch fee is estimated to be 1 million U.S. dollars. It's not that he can't afford it.

Mr. Rong was stunned, then thought Lin Zuhui was joking, and said: "I'm really sorry, last time you helped Huaxin choose the shell, this favor was not returned. This time, I didn't handle it well for you either!"

Lin Zuhui said with a smile: "What's the matter, I just did it with a little effort! We can continue to cooperate in the future, and this matter will not affect it!"

Mr. Rong quickly said: "That's really great. It's our honor to cooperate with such a big company as New Times Group!"

This sentence sounds really comfortable, Huaxin will be a giant in later generations!

"Okay, it's a deal!"

After bidding farewell to Young Master Rong, Lin Zuhui's face changed slightly, and he started pacing in the office.

Losing a profit of several billion yuan and fattening the Li Cucumber family made him somewhat unhappy.

However, Lin Zuhui quickly put this idea behind him, he can't care about the gains and losses of a city and a pool, there will be more competition in the future!
Lin Zuhui suddenly thought of a good idea. He planned to create Xiangjiang's entertainment culture and then export it overseas and inland.

Last year, the Little Tigers on Taiwan Island was established, and Lin Zuhui thought of integrating the Korean wave culture of later generations, first creating a Hong Kong idol culture.

In fact, this kind of culture originated in Japan, but it was carried forward by South Korea, and South Korea only emerged after 1995. What is the HOT idol team, which laid the foundation of the Hallyu in one fell swoop.

Moreover, this culture is very profitable. If he comes to be the godfather of this culture and make a great contribution to Xiangjiang's GDP, it will make people happy to think about it.

In the previous life, each person in the United Arab Emirates spent 15 US dollars on Hallyu culture every year. There are probably nearly 1 million Hallyu fans in the mainland. Very profitable.

As for the culture, to put it bluntly, it is plagiarism-American black hip-hop music, Japanese visual rock and Chinese folk songs are borrowed together, and then combined, with all the handsome guys and beauties with outstanding appearance, it immediately kills the predecessors in Japan.

The more Lin Zuhui thought about it, the more he felt that it was very clever. In his previous life, the mainland and Xiangjiang had done this, but at that time others had already established a market.

Lin Zuhui even remembered that Xiangjiang formed a male idol group in later generations. At some awards, Xiangjiang media and citizens directly ignored Jacky Cheung and other older generation idols, and the topic was all about new idols.

It can be seen that this culture specializes in attracting brain-dead fans, which is very easy to make money.

And he happens to have a sharp weapon in his hand - ATV, which can participate in the creation of this kind of culture.

Thinking of this, Lin Zuhui's brain was running fast. The ATV building at No. 81 Broadcasting Road was still too small, so he needed to build a new headquarters.

Tseung Kwan O New Town!

No. 12 Repulse Bay, Zheng's mansion.

Lin Zuhui and He Sheng came together, and Zheng Yutong and Zheng Jiachun warmly welcomed them.

As soon as He Sheng met, he said: "Ah Hui said he had something to discuss, but he refused to take me to his Lin's palace, and instead came here every time. Stingy and stingy!"

He Sheng is undoubtedly very funny!
Zheng Yutong said with a smile: "What's wrong with coming here, everyone eats whatever there is, you are free!"

After some teasing, everyone came to Zheng Yutong's study to discuss matters.

Lin Zuhui said, "I've called everyone this time to discuss something with you. I want to invest in an ATV headquarters."

Everyone nodded, not surprised, because ATV rose at a visible speed, and most of this was due to Lin Zuhui's mastermind behind it.Today's ATV has already started to make a profit, and it is expected to make a profit of about 2000 million this year.

Therefore, everyone is very optimistic about the prospects of ATV!

Zheng Yutong said: "Where do you want to build it? How big is it?"

Lin Zuhui's next words stunned everyone.

"My idea is to apply to the Hong Kong government to allocate an industrial land of 120 to 150 million square feet in Tseung Kwan O and build a TV broadcasting city, which mainly consists of 6 production and administrative buildings."

Zheng Yutong said without hesitation: "I'm not optimistic about this project, the investment is too big! Even if the Hong Kong government grants you land, you have to invest at least one billion. How many years will it take for ATV to earn back?"

Zheng Jiachun and He Sheng nodded and agreed!
Lin Zuhui was not discouraged, but said:

"Of course we can get back the money. Our "Millionaire" and "Bao Qingtian" are copyright tools, and the income in the future may not be lower than that of TVB. Moreover, I actually want to create a kind of "Xiangjiang Idol Culture". It is said that Xiangjiang’s movies are very popular in Asia, which is called cultural export; Hollywood movies in the United States are screened around the world and earn a box office a year. Japan needs to produce millions of cars to make enough money. I am going to let ATV build a A kind of "singer idol culture", I won't talk about it in detail, you may not understand."

"In short, I want to invest in this headquarters!"

In the previous life, in 1997, Cameron filmed "Titanic", with a total box office of 21.5 billion U.S. dollars. Korean Bangzi needed to produce 150 million cars to earn it.

This is the power of cultural output!

Of course, the export of American film culture is rooted in his comprehensive strength, so Lin Zuhui didn't want to go that way either.

But as far as the 'Korean wave idol culture' is concerned, it doesn't need any comprehensive strength at all, just like the influence of Xiangjiang movies in Asia, and it is easier to break into these countries.

Lin Zuhui's decisiveness silenced the people in the room.

He Sheng was the first to react, and said: "I have few shares, so I just invested. Anyway, Ah Hui, you have never lost money in business!"

Zheng Yutong hesitated for a moment, and said: "ATV originally participated in a lot, and you have more than half of the credit for its rise. How about it, I will sell 20% of the shares to you, and I will also participate in the investment of the rest."

Zheng Jiachun is obviously a little bit reluctant. Today's ATV can run [-]-[-], or even [-]-[-] with Wireless.

Lin Zuhui immediately said: "How about 6 million?"

The estimated value is 30 billion, which is more than 20 billion higher than when it was taken over.

Zheng Yutong immediately said: "OK!"

In his opinion, the valuation of 30 billion is very reasonable, even slightly higher.

After all, if Mrs. Zheng doesn't want to invest too much in this right now.

In Lin Zuhui's view, it is also very worthwhile.

For the next TV headquarters investment, he does not intend to pay directly, but intends to complete it in the form of a loan.

At this time, the plan for the Tseung Kwan O Industrial Estate has not yet been implemented. Lin Zuhui just wanted to propose to the Hong Kong government to include his Asian Television Headquarters in the Tseung Kwan O Industrial Estate.

In the previous life, the Tseung Kwan O Industrial Estate was not planned until 1991, and it was not opened until 1995.By that time, Xiangjiang's factory had moved to the mainland, so there was always dissatisfaction there.

Of course, the most important thing is to seize the land of Shaw Studios in the previous life, and Lin Zuhui happened to know where it was located.

In any case, this plan is a long-term plan, and Lin Zuhui still plans to clear his mind in the near future; and then wait for Japan to return the funds before launching the Tseung Kwan O Industrial Estate plan, the most important thing is the ATV headquarters plan.

As for ATV, it is natural to set up a separate brokerage company to implement this plan.To be honest, Lin Zuhui was also poisoned by the Hallyu in his previous life, but later he became enlightened.

Therefore, he couldn't run away as the driving force behind the scenes.